A lot of B.Com students connect themselves with new career options of BPO jobs. Of course, a large percentage of them are joining the BPO industry. According to a report on the BPO industry published by NASSCOM, the sector’s exports accounted for US$69 billion in 2012. The report says that despite challenges in the global market conditions, India has sustained its growth trajectory. For FY2013, the export revenues are expected to grow by 11-14 per cent while the domestic revenues will grow by 13-16 percent, confirms NASSCOM. For students, NASSCOM says that the IT-BPO sector continues to be one of the largest employers in the country directly employing over 2.8 million professionals, with over 230,000 jobs being added in FY2012.
So, coming back to the question on your minds, is this the only option for B.Com graduates? The answer is, not really.
India has become a global hunting ground for talent. Now we have the opportunity to think of “global” careers. A career as a finance professional today is vastly different from what it used to be years ago. The study and analysis of today’s markets,financial products and other financially related sectors of the business world are the foundation of financial activities to date.
Stockbroker, financial planner, and investment banker are just a few examples of jobs that may be chosen when pursuing a career in finance. However, it is important to remember that as the financial industry grows, being accurate and up to date with financial information and financial techniques is essential when considering a career in finance.
Financial markets across the globe are integrating, adding technological complexities and this has resulted in immense advancement in technology. This essentially means that finance graduates are required to be global professionals now. The Indian stock market is on the roll. Today, India is one of the favorite investment destinations of FII’s. Restructuring and consolidation have become a norm rather than an exception. Internet has touched almost all aspects of our lives.
In their quest to differentiate their services and gain competitive advantage over their competitors, financial service providers are trying to provide their services to customers in the comfort of their homes. The internet has emerged as a convenient channel for these service providers. Internet-based trading technologies together with shifts in the economy and the business environment are transforming treasury investing. Online trading platforms are making significant inroads into cash management functions; treasurers are increasingly relying on these tools to find and execute the best trades. Banking sector is also witnessing vast changes.
Today’s finance professionals assume a broad range of responsibilities involving capital budgeting, |