Are you the type of student who wants to pursue a financial career, but is unable to choose the best option for yourself? Well, as you see, one of the leading streams around the globe is accounting and finance; in that case, taking financial classes is a propitious choice. Also, learning a smattering of finance will lend you hands in the future, since it is the only subject that teaches you the value of money in every aspect of your life. Starting from earning to spending, investing, accounting, recording, communications with financial employers, finance plays a major role in this era. Moreover, it is a very capturing stream for students who want to pursue their career in world economy functions, banking, investment, and financial independence.

What are the benefits of taking financial courses online in India?

Every commerce student’s first question after taking financial courses is ‘is it worthwhile?’ With the surge of students taking up commerce stream in their high school, it has become a trend to take up additional financial online sources in order to beat the competition. Over and above, there are certain courses that help you to achieve your dreams in a short span of time; moreover, these courses are affirmed by students and professionals depending on the survey, availability of jobs on leading portals, and overall popularity among aspirants.

Speaking of which, here are a few benefits of taking financial courses online in India, in accordance with the short-term span.

  • Quick learning: Short-term courses facilitate knowledge building within a short period of duration; let’s say, around three months. This type, of course, has gained a lot of popularity especially for teaching every aspect of finance in a short span. Subsequently, by a drop of a hat, people can add up these courses to their resumes.
  • Rapid changes: Unlike science, mathematics, the world of finance changes rapidly. For instance, in the case of demonetization, GST, and IFRS, no one has ever given thought to it at all. Well, that is how finance works! Additionally, there are various variations in the tax regime and financial reporting standards befalling every day, so it is necessary for the students to meet up every end, in order to learn and implement them in the future properly.
  • Tests: We know the ambiguity the 10th-12th passed out students come across, whether to choose this or that. Well, not to bother, these top 5 short-term courses give you a clear explication, by analyzing your potential in the most possible cost and time-effective way.
  • Makes your job ready: The two primary notions to choose finance is one to understand the world of finance, while the latter is ensuring a job. Regardless of your other notion, these short-term courses could make anything possible. Since, traditional curricula, are fast losing their appeal in the rapidly changing job market comparably that of theoretical conceptual. Today’s choice is for newer, skills-rich curricula or supplementary courses that make students job-ready from day one. And those who are taking any one of these five short-term courses is an exceptional decision to start with.

On the whole, from individuals to governmental organizations, the use of finance is imponderable. However, the ability to properly manage finances is a craft that takes time to master but is accessible to anyone who is willing to take the time to learn. In that case, here are our top short-term online courses that could help you get an in-depth insight into finance.

What are the top five short time financial courses available for students online?

Far and near in India, most of the students end up taking Cost and Management Accountant (CMA), Chartered Accountancy (CA), Bachelors of Business Administration (BBA), Bachelor of Management Studies (BMS), and you name it. Although time jumping to 2021, we could see hundreds of students doing the same CA or CMA course, without any clue about other prominent courses. In that case, let’s get started with the top short-term financial courses available online in India:

  • 3–6 months financial modeling: It is the study of real-world financial situations around the globe. It mostly includes the historical accounts of a company or industry, assessment of the company’s performance, and building models to predict its performance in the future.

Taking financial modeling course will educate students on high-level excel skills and enhance their approach to judge the future course of events. Financial modeling will make you a professional who could nail the task of summarizing a company’s expenses and profits in the form of a spreadsheet that can be used to determine the impact of a future event or decision.

The completion of the financial modeling course will certify you to work under these areas; Investment Banking, Credit Ratings, Project Finance, Merger & Acquisitions, and Financial Analysis. To start the course, you should have a little knowledge of financial modeling, CA, or MBA.

Speaking of job prospects, you can get placements as a financial analyst in companies associated with Equity Research, Industry Research, Advisory Companies, Insurance, Banks, Mutual Funds, etc.

  • 3–6 months International Financial Reporting Standards (IFRS): The International Financial Reporting Standards (IFRS) are accounting standards that are circulated by the International Accounting Standards Board (IASB) with the aim of providing a universal accounting language to increase transparency in the presentation of financial information.

IFRS aspirants are administered in various sectors of the industry like ITES, software, pharmaceutical, auto spare part, professional advisory companies, auditing firms, banking industry, the Insurance industry, KPOs.

Candidates pursuing graduation, post-graduation in commerce, or qualified professionals like MBAs, CAs, CMAs, CSS, CFAs, CFPs, or any other relevant course in the field of finance can opt for this course.

Certified IFRS students can experience globe as well as national level accounting careers to a great extent.

  • 3 months NCFM: NCFM stands for NSE Academy Certification in Financial Markets. It is a course provided by the National Stock market course in India that tests students’ practical knowledge and skills in financial markets. Accordingly, this specialized course focuses on teaching the students pertaining to conceptual as well as practical aspects of financial markets. There is no age or qualification to do this course.

The job prospects for students with the NCFM certificate include as an equity dealer or relationship manager in stockbroking firms.

  • 1 year Certified Financial Planner (CFP): If you are interested to be a financial planner, who helps companies to make financially prudent decisions! Then this course is the gateway to your dreams. Besides, the qualification of taking up this curse includes a relevant bachelors or a higher degree.

It enables CFP passed out students, a great opportunity to work with top-notch MNCs such as ICICI Bank, Standard Chartered Bank, American Express Bank as Relationship Managers.

  • Chartered Wealth Manager (CWM): Chartered wealth manager (CWM) is a professional designation issued by the GAFM Global Academy of Finance and Management, intending to certify the knowledge and skill of wealth management professionals. It mostly covers Investment Strategies, Life Cycle Management, Intergenerational Wealth Transfer, Relationship Management, Behavioral Finance, Alternative Products, Real Estate Valuation, and Global Taxation.

A graduate degree or education equivalent to masters which is sanctioned by the AAFM and a minimum of three years of wealth management expertise will make you eligible for the CWM certificate.

Wealth Managers can either work with financial services or start their own venture. In addition to that, they are also employed in leading financial advisory firms to manage the assets of their high net worth clients.