What will a specialized finance course teach you?

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Specializing in your field of study is really important for getting a job. Without possessing a post graduate/master’s degree in your field of work, there will just be stagnation with hardly any chance for growth. It will take you a good decade before you can step into the shoes of a manager; such is the situation without a specialized degree. The chief difference between a just out of college graduate and a person holding a master’s degree is the ability to take decisions. If you’re a bachelor’s degree holder, there’s little chance that you will understand your work deeply, where as a person holding a master’s degree will exactly know the kind of decisions to be made and the consequence of those decisions.

To start with, a specialized course such as diploma in financial management or Master’s in finance will make you able enough to take decisions on your own. While a bachelor’s degree holder usually asks his boss before taking every small step, you will be on your own. You will exactly know how to handle your team, how to motivate them and make them reach towards the designated goal. The degree will make you such an expert in your field that you will plan out brilliant openings for your company which would be unimaginable to your team mates.

It’s no hard and fast rule as to which degree to study, but there should be at least some short term finance courses that you opt for. It is important to realize that more the degrees you have in your favor from reputed institutes such as Indian Institute of Financial Planning, more will be your chances of growing in the industry. Study will constantly make the wheels of your mind to churn and the more your brain is working, the more fresh ideas it will generate. Studying a specialized course even after graduation should be given a priority. Short term finance courses run for usually 6 months, but keep you updated on the latest developments in the field of finance and the latest tools available in the market that can make your workflow easier.

These days, MBA education is gaining a lot of momentum. It has its advantages as well as disadvantages. The benefits are that if you study from a reputed institute, you stand a high chance of being flooded with good job offers. The downside is that because of the huge momentum MBA education is gaining, every private sector firm has opened its own college that’s churning out lakhs of MBA holders each year. Degrees from an unrecognized university seldom hold any value and have no guarantee of fetching you a job that will even get you back the money you invested for education.

Another upside of getting an MBA from a reputed university is the kind of respect you’ll enjoy. These intangibles are far better than the pay package you receive! Commanding a respect from your employees and those around you is what really makes you feel good deep within your heart.