Career in Chartered Accountancy, Banking and Company Secretary

One of the most flourishing careers are in banking, chartered accountancy and one can also take up the career as a company secretary as all these careers hold a lot of growth and financial security in the future

Career in banking

A career in banking is the most preferred one by most of the students. The notion that only students from commerce background can get into this career has changed and at present the maximum number of people who have achieved excellence in this field are from different streams. This has opened the gates for people who think banking is not form them as they are students from humanities or science. Even though the Private Sector banks prefer people from management background, the Public banks appoint any individual who has passed the All India Examination conducted by them. for more highly One needs to have good communication skills, enough knowledge of the industry and fluctuations in finance market. However, for a higher post in private banks one need to be specialized in particular fields like project analysis, credit appraisal skills etc.

Career in Chartered Accountancy

With the flourishing success in the finance sector and accounts there is immense need for Chartered Accountants which has increased their demand and thereby their value. A career in Chartered Accountancy is the shortcut to gain respect, status and success. According to the company’s act, only chartered accountants can become company auditors. Therefore, they have an upper hand in supervising the proceedings of a company, which means large handsome packages. The Institute of Chartered Accounts of India (ICAI) is a body set up to regulate chartered accountancy as a profession and career. A chartered accountant is specialized in taxing, accounting and auditing. There is demand for CA’s everywhere, even in small businesses. A chartered account has to pass the examination conducted by ICAI and accepted by the same.

Career as Company Secretary

One tends to think a Company Secretary is the one who does the Secretarial work, however this is sheer lack of knowledge about this field. A Company Secretary is a legal advisor to any company, and holds high value. According to the company’s act companies with a paid up share capital of 50 lakh can keep a company secretary. These days, the maximum amount of growth is in the corporate sector which directly involves the people associated with it, the maximum benefited being the company secretary. One can work in government sectors also like stock exchanges or government financial institutions or merchant banking divisions of nationalized bank. If one is dedicated and hard working, he or she can also lead to the post of manager, chairman or director in leading firms.

Nowadays, careers which were not taken into account earlier are the ones gaining maximum popularity like a career as a company secretary or career in chartered accountancy or banking.

Career in Teaching, Gemology and Foreign Languages

One must not go with the stereotyped careers which are regarded as the only career options securing one’s future. The world is changing and so are the needs of people. There are many new career options which are growing rapidly. Career in Teaching, gemology and foreign languages not is only growing in India but abroad.

Career in teaching:

There is a global shortage of teachers which is hampering the education and disrupting the education system as a whole. But with advanced technologies in education system and new innovative ways of teaching have made teaching as a career, a viable and successful option. For teaching primary schools a recognized teaching degree is needed but teaching in private colleges or schools only require a bachelor’s degree and experience.

A career in teaching has one important advantage of going abroad and teaching due to exchange programmes held in school and colleges. This helps one to go abroad and teach in a new environment and new culture altogether. Due to shortage of teachers, there are good packages for those who take up this field. Moreover,. Unlike earlier times it is more adventurous and daring field to teach the students with new technologies.

Career in Gemology

Gemology is referred to, as the study of gems. It is an interesting field to choose as a career option as gems are something which are admired and craved by everyone. So to able to know how they are made and a study into their business is an interesting choice of career. One can get a diploma in gemology and simultaneously a course in Jewellery designing or diamond grading, to gain more experience. There are many career options in gemology like:

• Jewellery designer
• Business in gemstone dealing
• Working in a lab of gem making
• Set up of lab for creating synthetic gems
• Dealing in organic gems

Career in foreign languages:

With the boon in travel and tourism industry, communication has become a major problem. India has many international companies which require people who know at least one foreign language. They require people to translate documents, keep a check on business transactions and conference with foreign clients. A career in foreign languages is one of the best career options as knowing a language is considered an additional qualification and immediately adds to a more handsome pay.

Thus, career in teaching, gemology and foreign languages is flourishing and should be taken into serious consideration and in the future will be the leading industries.

Career Options With Vast Job Opportunities

It is very important to know what career options are available for one to choose a field from. Every individual has his or her own calibre and potential. There are many career options open for the youth. One of the most important and flourishing career is in the health care sector. This sector has a wide arena of job opportunities to provide with and lot of options to choose from.

Health care industry:

There are more than 500, 000 medical institutes which include dentist, physicians and health practitioners. There are also super specializations like that of cardiology, neuro –surgery, conito urinary surgery, gastroenterology and many others.

Due to the discovery of new ailments the requirement in the health care industry is increasing. Highly trained professionals are required to study the problems closely and find solutions to them. Health care industry is the fastest growing industry after IT (information technology).

One needs to be completely devoted and committed towards one’s work and should be a logical decision maker. There would be times when quick decisions would have to be made, in such circumstances one has to act quick and logical. Good memory and recollection ability are important pre-requisite. Confidence is the most important key in order to earn trust and goodwill with the clients. One should also possess the ability to concentrate hard on the work and not get deviated by trivial distractions. Emotion should take a backseat, while at work.

Job prospects

There are job opportunities in hospitals, both private and government, polyclinics, medical colleges, health practitioner, nursing home, health department, diagnostic laboratories, dental clinic and ophthalmic clinics. One can also work in the health and research department.

Remuneration

The more specialized you are the more pay you get. Doctors and scientists get a higher pay than the medical assistant. In the United States 10 percent of its income is spent on health care industry, thereby making it the most preferred profession among the people.

Top colleges

The Institute of Health Management Research -IHMR (Jaipur) , TATA Institute of Social Sciences, All India Institute of Medical Research AIIMS (Delhi), IMS, Devi Ahilya Vishwavidyalaya University Indore, Apollo Institute of Hospital Administration Hyderabad and Institute of Pharmaceutical and Healthcare Management and Research – IPHMR Calcutta.

Therefore, there are many career options for students, and health care provides a lot of job opportunities for them and a secure future too.