Executive Program in Applied Finance - Eligibility, Institutes and Career Prospects
Executive Program in Applied Finance - Eligibility, Institutes and Career Prospects
1. What is “Applied Finance”?
Applied Finance is a branch of finance that applies practical financial knowledge in order to achieve the goal of an organization.
2. Which are the institutes that offer an executive program in Applied Finance? Also mention the duration and the fee structure.
- NIIT Imperia, Hyderabad – 1 year duration – Approximately Rs 2, 18, 000/- fee.
- IIM Calcutta – 1 year duration – Rs 2, 23, 000/- fee/
3. What is the eligibility criteria for the executive program in applied finance ?
* The candidate should be a graduate in any discipline with a minimum of 50% marks from a recognized university.
* Minimum 2 years of work experience after the completion of post-graduation.
* Candidates can also be working professionals.
4. Is there any entrance exam required to take up the course ?
Eligible candidates need to appear a good performance in PAT (Program Aptitude Test).
5. What are the advantages of pursing an executive program in applied finance ?
Finance department occupies the center stage in any business organization. The course will educate you about all the financial concepts and their use in our daily life. It will also help the candidate to widen his knowledge of finance and update himself with the recent developments.
6. What are the areas covered under the course ?
* Investment management
* Bank and risk management
* Fixed income securities
* Business accounting
* Business economics
* Mergers
* Corporate finance – I and II
7. After completing the course, what career prospects can I expect?
* You can make a strong career as broking experts, CAs or consultants.
* A lot of opportunities will be available in the banking and financial sectors
* Career in corporates will be open to the candidates
8. Will the institutes provide any certificate?
Once you complete the course, you will be awarded with a “completion of course” certificate. If you do not perform well in more than two modules, you will be given a “certificate of participation”.
9. Is there any difference between applied finance courses and financial planning courses?
Yes, there is one difference between both the courses. Both of them come under finance but are two different specializations. Applied finance course is structured for investment banking, i.e. interest rate security, foreign exchange, etc. Financial planning courses focus on giving advices about insurance, investment and mutual funds.