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Financial management talks about solving and dealing with the problems of fund management in India. This is the top-ranked profession in India. Financial managers have high salaries. They can work as Legal advisors, financial managers and also in private and public sectors. The pay scale given to them is also very high. Various colleges and universities also provide this course or stream for the interested students. Everything has been possible due to the training strategies that have been provided by the colleges and universities. A financial manager has to work to make annual budgets and various other financial documents.


Eligibility


The eligibility criterion to become a financial manager is to purse 10+2 education in the stream of commerce. Students taking science and arts field can also opt for this profession. Commerce stream is the best stream to choose.

How to become Financial Manager


Appearing for these tests along with joining some certified courses will also be very helpful. Giving entrance exams after 12th will be very helpful. These exams help an individual to achieve the desired targets.

Job profile of Financial Manager


  • He has the key responsibility of collating and performing various tasks
  • He has the key responsibility of checking and analysing spreadsheet data,
  • He has the key responsibility of examining company accounts and financial control systems,
  • He has the key responsibility of gauging levels of financial risk within organisations,
  • He has the key responsibility of checking that financial reports and records are accurate and reliable,
  • He has the key responsibility of ensuring that assets are safeguarded,
  • He has the key responsibility of identifying if and where processes are not working as they should,
  • He has the key responsibility of advising on changes to be made,
  • He has the key responsibility of preparing reports and financial statements,
  • He has the key responsibility of liaising with managerial staff and presenting findings and recommendations
  • He has the key responsibility of ensuring procedures, policies, legislation and regulations are correctly followed and complied with and Undertaking reviews of wages.

Salary Range for Financial Manager


The starting salaries for freshers start from Rs 12000 onwards. Fund managers can also earn the salary in between Rs 30,000-45,000.

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