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What is the Scope of PGDM in Financial Services and Insurance?

What is the Scope of PGDM in Financial Services and Insurance?

28 December 2021

PGDM course acronym for Post Graduate Diploma in Management is a 2-year professional study in management which is noted to provide tremendous job opportunities to its pursuers. The world around is evolving constantly and so the requirement of various public and private sector organizations and their customers are highly dynamic. Business be it in the public or private sector has a huge requirement of professionally trained managers, leaders, functional heads, specialized executives. Passouts of PGDM course can aptly serve all these roles and can contribute to Financial Services and Insurance sector productively.

Why should PGDM students study PGDM in Financial Services and Insurance?

The speed at which technology is evolving and changes of a managing finances can be intimidating even for the most optimistic businessman or organization. Hence every institution or business must have trained Financial Services professionals who can help businesses revive situations of stress if there is any. This discipline of PGDM teaches students to transform enterprises into more profitable businesses.

Following are some scopes of studying PGDM in Financial Services and Insurance

High demand job sector - Almost every corporate giant operates globally where they have to deal with international finance laws and insurance rules and regulations, hence they need trained professionals in Financial Services and Insurance. A survey by US Forex revealed approx. 58% of even small businesses have international customers which will grow by 72 % in the next 4 years. Undoubtedly the business ecosphere is going to generate abundant finance job opportunities in future.

Enhances Entrepreneurship skills - Businesses with international organizations have a vast customer base, flux in revenues, diverse product cycles, and much more, and a PGDM in finance, capacitates you to attain important roles in managing the operation of an organization. Furthermore, professional finance training equips you with skills, intricacies and perceptions of the financial world. Additionally, you will get to explore your entrepreneurial dreams, if you have any.

Competitive advantage with Industry-specific training - The discussed course is divided into two year/four-semester and comprehensively teaches various intricate features of foreign trade and international business. The extensive pedagogy will teach you all the necessary skills required to make a promising career in the global business ecosphere. Backed with the knowledge of finance and insurance not only you will contribute to boosting the performance of your organization, you can easily counter the challenges of the global market. Cross-culture and cross country working is mandatory no matter you hold a position in an international MNC or into entrepreneurship or working for an organization that deals with international business. Studies in Foreign Trade Management provide you clear perspective about international correspondence providing you a competitive advantage over others.

Blue Collared job offers - Big corporate giants like Boston Consulting Group, Accenture, FedEx, Blue Dart, ONGC, Johnson & Johnson, Microsoft Corporation, Deutsche Bank, Morgan Stanley, and Pepsi, etc. who have their multi-country operations throughout the world need have massive requirement of people who have trading skills and internationally focused style of thinking. After you peruse this course in FTM you can trey for the following roles:

  • Foreign Trade Manager
  • Export Manager
  • Relationship Manager
  • Business Development Manager
  • Foreign Trade Analyst
  • Foreign Trade and Purchasing Specialist
  • Supply Chain Manager
  • Business Development Manager
  • Market Research Executive
  • Global Trade Manager
  • Customs & Global Trade Automation Manager

Self Enhancement and Great Intra-Personal Skill - PGDM in Finance is an all-inclusive course that imparts subjective knowledge of trade management, foreign trade, sales, marketing, and norms and regulations of international law and finance. Principles and techniques of ethical negotiation, theories of distributive justice and negotiation, the technique of signaling, argumentation, and fixing deals are other skills you will learn in PGDM.

Opportunity for Travelling Abroad - While pursuing your studies in International Business, and even after that you will explore multiple opportunities for traveling to all parts of the world both for academic and professional reasons. Additionally, pursuing your PGDM course in Financial Services and Insurance, you will come in touch with collaborators, scopes of internships, and training providing you enough scope of traveling to domestic and international destinations.

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