How to build a successful career in finance after a BBA degree

BBA is a three-year undergraduate degree program in Business Administration. It lays a firm foundation for the students to pursue careers in different domains. The comprehensive curriculum of BBA covers business management, human resource management, marketing, and corporate finance. It opens up job avenues in various sectors of the economy. Finance is one of the most attractive domains for BBA students. It will be beneficial to pick a postgraduate course that helps advance one’s career in finance.

Also read: Why choose an MBA in Finance?

Why should you choose finance as a career?

Finance is the backbone of every organization, whether small or big. It is an umbrella term; that covers responsibility from making a production budget to managing the supply chain. There are various career opportunities in different sectors that you can pick as per your interest. The following are the few reasons that make finance a lucrative career. 

Greater scope and high demand

Finance is not only limited to manufacturing or trading industries. It has a vast reach in the economic infrastructure of the world. There are job opportunities in Retail Banking, Insurance, Investment Banking, Financial Planning, Cost Management, Portfolio management, Financial analysis, and many more. You can dive in and select your dream career of your choice. These options are challenging and rewarding at the same time. 

Opportunity to reach a top managerial position in the organization 

Starting a career in finance paves a path for key management positions. The Chief Operation Manager, Chief executive officer, and Chief financial officer are the top managerial positions of an organization. A can gradually move forward in the hierarchy if he focuses on continuous improvement in skill and knowledge and upscales his qualifications by opting for finance domain specializations. 

Highest-paid jobs along with job security 

As finance activities are essential for business and entrepreneurs, from manufacturing to investment companies, it requires finance experts to smoothly run the operations. This inherent quality provides job security and good pay. Finance jobs have the highest earning potential in the market. 

Higher education options in the finance domain

For advancing in the finance industry with a online BBA program, the following courses will provide an edge in the market.

• Master of Commerce
• MBA in Finance
• MBA in IT and Fintech
• MBA in BFSI
• MBA in Banking and Financial Services
• MBA in Business Analytics
• Master’s in Finance
• Chartered Accountancy
• Chartered Financial Analyst program
• Certified Financial Planner program

Also read:  Important concepts to learn during an MBA in Finance

Popular job roles in finance

There are various lucrative finance job opportunities for BBA graduates. But the following are the top eight jobs in Business management that one can aim for.

Financial manager

They overlook the finances of the departments, analyze the financial records and accordingly plan budgets and provide financial advice. The salary of a financial manager can go up to ₹30 Lakhs.

 Investment banker

They provide financial advisory and transactional services to clients related to raising capital, issuing securities, and entering into mergers, acquisitions, and other strategic transactions. The salary of an investment banker can go up to ₹40 Lakhs.

Financial advisor

They play a crucial role in helping clients make informed decisions with regard to financial matters, which include investment planning, retirement planning, and insurance planning. The salary of a financial advisor can go up to ₹8 Lakhs.  

Risk manager

They are responsible for identifying, assessing, and mitigating financial risks within an organization. The salary of a risk manager can go up to  ₹25.8 Lakhs. 

Compliance officer

They ensure that an organization operates in adherence to relevant laws, regulations, and internal policies. The salary of a compliance officer can go up to ₹15 Lakhs. 

Business analyst 

They collect, analyze and interpret business data related to products, operations, and IT to help businesses grow. The salary of a business analyst can go up to ₹15.4 Lakhs.

Also read: Highest paying jobs in finance in India

Increase your career prospects in finance by enrolling for finance-related courses on Online Manipal

Take your first step into the finance world by enrolling in finance-related courses on Online Manipal. Online Manipal brings expertise, convenience and knowledge along with flexibility for students looking to pursue higher education. It allows students to access live and recorded lectures so that they can complete the syllabus at their pace, either from the comfort of home or on the go. They can opt for different finance-related online courses such as MCom, or MBA in Finance, and more from renowned universities like Manipal University Jaipur, Manipal Academy of Higher Education, T.A. Pai Management Institute. These courses will prepare you for real-life work scenarios and provide you with all the necessary skills needed to excel in the finance sector. 

Also read:  MBA in BFSI vs Other Finance Degrees: Which is Right for You?

Watch this video to find our career scope in the finance domain

Conclusion

Finance is the core field that will keep on evolving and growing. BBA gives you the foundation and basic understanding of different finance-related roles, and a postgraduate degree will provide an edge to your resume. Enroll in your desired finance-related program on Online Manipal and carve a successful career.
Also read:  Top job roles to explore after M.Com