Top 7 Professional Degree Courses in India for a Promising Career

Obtaining an advanced professional degree programs can be an important first step toward a rewarding and fulfilling career in today's dynamic and competitive world. As the industry environment evolves, certain professional courses stand out as high-demand avenues to knowledge and competence. In this post, we will look at the best seven professional degree courses in India that can lead to a rewarding job.

1. Association of Chartered Certified Accountants (ACCA):

The ACCA qualification is  globally recognized and highly desired by financial and accounting professionals all around the world. It covers a wide range of topics such as financial reporting, taxation, auditing, and much more. ACCA provides students with the skills needed for a successful career in accounting, auditing, and finance by opening doors to international career opportunities.

Eligibility:

Candidates must be at least 18 years old and have passed a 10+2 exam with a minimum of 65% in Mathematics, Accounts, and English, as well as a minimum of 50% in other courses.

Job role:

1.Accountant 2.Auditor 3.Financial Analyst 4.Management Accountant 5.Tax Consultant/Advisor 6.Financial Controller 7.Risk Manager 8.Treasury Analyst/Manager 9.Business Consultant 10.Financial Planner/Advisor 11.Chief Financial Officer ACCA Salary

2. Chartered Financial Analyst (CFA):

In the investment and financial industries, the CFA designation is respected. This course covers topics such as investment management, financial analysis, ethics, and economics in depth. A CFA charter can lead to positions in portfolio management, research analysis, and investment consulting.

Eligibility:

If you are in your last year of undergraduate study, you can take the Chartered Financial Analyst Level 1 examination. In some cases, eligibility for the CFA program may be possible even without a finished degree if you have at least four years of relevant work experience.

Job role:

1. Portfolio Manager

2. Financial Analyst

3. Investment Banking Analyst

4. Research Analyst

5. Risk Manager

6. Hedge Fund Manager

7. Mutual Fund Manager

8. Private Equity Analyst

9. Corporate Financial Analyst

10. Financial Planner/Advisor

Chartered Financial Analyst (CFA) Salary

3. Financial Risk Manager (FRM):

FRM, as the name suggests, is for people who are interested in risk management. It teaches you all you need to know about risk analysis, risk assessment, and risk control. Professionals with FRM certification are in high demand in the banking, investing, and insurance industries.

Eligibility:

Candidates must be in their last year of their undergraduate degree to be eligible for the FRM course. However, satisfactory completion of Part 1 is required before sitting for Part 2 examinations. Along with the 5-year educational journey, a minimum of 2 years of work experience that is relevant is required.

Job role:

1. Risk Assessment and Analysis

2. Risk Management Strategy

3. Modeling and Quantitative Analysis

4. Portfolio Risk Management

5. Regulatory Compliance

6. Stress Testing and Scenario Analysis

7. Communication and Reporting

8. Continuous Monitoring and Improvement

9. Collaborative Leadership

Financial Risk Manager (FRM) Salary

4. Certified Public Accountant (CPA)

The Certified Public Accountant (CPA) credential is a worldwide recognized accounting certificate that focuses on audits, taxation, financial accounting, and company law. Individuals seeking success in auditing, taxes, and accounting services can benefit from CPA certification.

Eligibility:

If you're studying for the CPA exam, you should have previously completed the 120-credit prerequisite. However, in order to acquire your full US CPA license, you must complete 150 credit hours, leaving a 30-credit shortfall that must be addressed. To bridge this gap, you can acquire two bachelor's degrees or pursue a combination of one bachelor's degree and one master's degree.

Job role:

1. Public Accountant

2. Auditor

3. Tax Consultant/Advisor

4. Financial Analyst

5. Forensic Accountant

6. Management Accountant

7. Chief Financial Officer (CFO)

8. Internal Auditor

9. Business Consultant

10. Investment Banker

Certified Public Accountant (CPA) Salary

5. MBA in Finance Professional Degree Courses

A finance MBA provides a broader perspective on financial management, covering topics such as corporate finance, investment banking, and financial analysis. An MBA provides students with strategic decision-making abilities as well as an in-depth understanding of company operations.

Eligibility:

Candidates must have a Bachelor's degree in any field from an authorized university that has a minimum duration of three years. Furthermore, students must fulfill the qualifying requirements for any nationalized entrance examination, such as the CAT, MAT, GMAT, XAT, NMAT, and others.

Job role:

1. Financial Analyst

2. Investment Banker

3. Corporate Finance Manager

4. Treasury Manager

5. Risk Manager

6. Portfolio Manager

7. Financial Consultant

8. Credit Analyst

9. Financial Controller

10. Treasury Analyst

MBA in Finance Salary

6. Certified Management Accountant (CMA):

CMA is perfect for students who want to work in strategic management. The subjects covered in this course include cost management, strategic planning, performance management, and internal control. CMAs play an important role in assisting companies to make educated decisions.

Eligibility: Candidates must have completed their secondary school from a recognized board to be eligible at the foundation level. They must also have one of the following educational qualifications:

- Successful completion of the 12th-grade examination marksheet

- National Diploma in Commerce attainment

- Diploma in Rural Service Examination achievement from an accredited board

Job role:

1. Financial Analyst

2. Management Accountant

3. Cost Accountant

4. Financial Manager

5. Controller

6. Treasurer

7. Strategic Planner

8. Internal Auditor

9. Corporate Finance Analyst

10. Business Consultant

Certified Management Accountant (CMA) Salary

7. Company Secretary:

A Company Secretary (CS) is important for company governance and compliance. This course addresses the legal and regulatory sides of corporate management, making CS experts important in ensuring organizations follow legal guidelines.

Eligibility: Successful completion of the 10+2 examinations is essential for admission in the Foundation Level of the Company Secretary program. To be qualified for the Executive level, you must either have passed the CSEET or have finished a Graduation/Foundation program.

Job role:

1. Financial Analyst

2. Cost Accountant

3. Management Accountant

4. Internal Auditor

5. Corporate Controller

6. Finance Manager

7. Treasury Analyst

8. Business Analyst

9. Risk Manager

10. Consultant

Company Secretary (CS) Salary

Please note that these figures are approximate and can vary based on factors such as the company size, industry, location, and individual performance.

Choosing the correct professional degree program is an important choice that may determine your future path. The courses listed above not only give specific knowledge, but they also improve your marketability and employability. Whether you're interested in finance, accounting, risk management, or corporate governance, these top 7 professional degree courses in India may lead to a happy and successful career.