Finance Analytics
Unique Training with Vision Integrity & Commitment to Serve the World
MBA & PGDM in Finance with Finance Analytics Training
The world of Finance has received a huge boost with the influx of huge chunks of financial data and analytics that help finance professionals in making informed business decisions. Thus, the domain of Finance Analytics has seen a huge demand in the Finance job market.
At PIBM, we understand the importance of the Financial Analyst job profile and provide specialized training in industry-aligned finance analytics concepts and various analytics tools widely used in MNCs. Additionally, our renowned & experience-rich faculty members train you for multiple certification programs that add value to your CV as a Finance professional.
What is Finance Analytics?
By its name, you can understand that this domain is a mixture of Finance and Analytics. Finance Analytics involves analyzing raw financial data, interpreting them, finding a pattern, forecasting an emerging trend, and making informed decisions based on them. These financial decisions are taken considering the profitability of individuals or businesses.Thus, by combining Finance, Statistical Analysis, and Data Management, finance analytics professionals can improve the performance of a business by predicting and planning the future based on data.
How to Build a Career in Finance Analytics?
Now that you know what a Finance Analytics job profile is, let’s learn how you can build a career in this domain.
-
Education Related to Finance
Pursuing a PGDM or MBA in Finance with a special focus on Finance Analytics from PIBM, one of the best MBA Finance colleges in India, can enhance your career growth possibilities in the domain of Finance Analytics.
-
Internships & Projects in Finance Analytics Domain
What’s better than gaining hands-on internship experience from top Finance professionals in the domain of Finance Analytics? The best way to combine data, finance, and statistics and learn how this combination works the best, is by gaining direct exposure in this domain through internships, live business projects, and attending seminars and conferences to stay updated with the latest tools and techniques used in finance analytics.
-
Industry Certifications
Certifications are the backbone of your credibility. Obtaining industry-recognized and most in-demand certifications like Chartered Financial Analyst (CFA) and Financial Risk Management (FRM) can give a massive boost to your career in Finance Analytics.
-
Technical Skills
Since the job profile of finance analytics is fairly technical, you need to master several tools according to your workload and type. You need to master analytical tools and software like MS Excel, Python , R, and Financial Modeling . Having a thorough understanding of data visualization tools like Tableau or Power BI is also necessary to excel in this job profile.
How PIBM prepare you for a Finance Analytics Job Profile?
One of the top PGDM colleges in India, PIBM, understands the demand for the Finance Analytics job profile in the industry and thus trains the PGDM and MBA Finance students accordingly.
- Creating meaningful Financial strategies.
- Predictive sales analytics involving coming up with an informed sales forecast.
- Doing cash flow analytics that involves the use of real-time indicators like the Working Capital Ratio and Cash Conversion Cycle.
- Client profitability analytics to analyze every client group and gain useful insight.
- Analyzing where companies are making and losing money. Remaining competitive within an industry is important else you lose business. Product profitability analytics help establish the profitability of products rather than analyzing the business as a whole.
PIBM’s MBA & PGDM in Finance with integrated Finance Analytics training includes knowledge & skill development in numerous industry-relevant tools like MS Excel, Python, R, ACE Analyzer, Power BI, Tableau, Bloomberg Terminal, SPSS-Statistical Tool and prepares you for numerous industry-recognized certification exams like CFA, CPA, CISI, NISM. Moreover, our expert faculty members also teach you how to do Financial Statement Analysis, Balance Sheet Analysis, and Financial Modeling.
Our MBA and PGDM students get the opportunity to be trained on Finance Analytics hands-on by Finance professionals from various prestigious MNCs 1during their Summer and Winter Internships. Moreover, PIBM, one of the best MBA Finance colleges in India, hosts a number of corporate sessions and live business projects for the students to learn and apply their Finance Analytical skills.
Benefits of Finance Analytics Training
Being trained in Finance Analytics from one of the top PGDM colleges in India like PIBM has numerous benefits.
In-depth Knowledge
Get a complete understanding & expertise of financial stock markets and investment strategies.
Enhanced Decision-Making
Finance analytics training equips you with the skills to analyze financial data, identify trends, and make data-driven decisions.
Unlock More Career Opportunities
Specialization in Finance Analytics opens various career paths in financial planning, investment analysis, risk management, and more.
Competitive Edge
With the increasing importance of data in finance, having expertise in finance analytics gives you a competitive advantage in the job market.
Skill Development
Develop critical skills such as analytical thinking, problem-solving, and proficiency in advanced analytical tools and techniques.
Finance Analytics Jobs after PGDM or MBA in Finance
Post-graduates with an MBA or PGDM degree in Finance with specialized training in Analytics can explore numerous career opportunities, including:
Financial Analyst
Analyze financial data, create financial models, and provide insights to support financial decision-making.
Risk Analyst
Assess and manage financial risks, using data analysis to develop risk mitigation strategies.
Investment Analyst
Evaluate investment opportunities, conduct market research, and provide investment recommendations.
Data Analyst
Analyze large datasets to uncover trends, patterns, and insights that inform financial strategies.
Financial Planner
Develop financial plans for individuals or organizations, using data analytics to optimize financial outcomes.
Top Recruiters at PIBM for the Job-profile of Finance Analytics
PIBM, one of the top B-schools in India, has strong tie-ups with numerous prestigious companies in the finance sector. Some of the top firms that hire our graduates are:
FAQs
What is the need for Financial Analysis in Business?
- Financial Decision-Making: It helps to make informed decisions regarding investments, budgeting, and resource allocation.
- Performance Evaluation: It provides insights into the company's financial health and performance, identifying strengths and areas for improvement.
- Performing Risk Management: It helps in assessing financial risks and implementing strategies to mitigate them.
- Gaining Investor Confidence: It offers transparency and builds confidence among investors and stakeholders by providing a clear picture of the company's financial status.
What is needed for Financial Analysis in Business?
To conduct effective financial analysis in business, the following are needed:
- Financial Statements: Balance sheet, income statement, and cash flow statement.
- Financial Ratios: Metrics such as liquidity ratios, profitability ratios, and solvency ratios.
- Analytical Tools: Software and tools for data analysis and visualization.
- Historical Data: Past financial performance data for trend analysis.
- Industry Benchmarks: Comparative data from industry peers to evaluate relative performance.
- Expertise: Skilled financial analysts with knowledge in accounting, finance, and data interpretation.
What is Financial Statement Analysis?
Financial Statement Analysis involves examining a company’s financial statements to evaluate its financial health and performance. It includes:
- Reviewing Balance Sheets: To assess assets, liabilities, and equity.
- Analyzing Income Statements:To understand revenue, expenses, and profitability.
- Examining Cash Flow Statements:To evaluate cash inflows and outflows.
- Historical Data: Past financial performance data for trend analysis.
- Calculating Financial Ratios: To gauge liquidity, profitability, and solvency.
- Comparative Analysis: Comparing financial data over multiple periods or against industry benchmarks.
How is data science used in Finance?
Data science is increasingly used in finance for:
- Predictive Analytics: Forecasting market trends, stock prices, and economic conditions.
- Risk Management: Identifying and mitigating financial risks through data modeling.
- Fraud Detection: Using algorithms to detect fraudulent transactions and activities.
- Customer Insights: Analyzing customer behavior and preferences to improve financial products and services.
- Automation: Streamlining financial processes and operations through machine learning and AI.
- Portfolio Management: Optimizing investment portfolios using quantitative models and data analysis.
Is Finance and Business Analytics a good combination?
Yes, combining Finance and Business Analytics is highly beneficial as it helps to:
- Enhance Decision-Making: Business analytics provides data-driven insights that enhance financial decision-making.
- Improve Efficiency: Analytics can streamline financial processes and identify cost-saving opportunities.
- Provide Competitive Advantage: Leveraging analytics can help businesses gain a competitive edge through better market understanding and strategic planning.
- Mitigate Risk: Business analytics tools can improve risk assessment and management.
- Increase Career Opportunities: Professionals with skills in both finance and analytics are in high demand, offering diverse career prospects.
Blogs
Build a Career as a Financial Analyst After an MBA/PGDM in Finance
In the corporate world of Finance, the role of financial analyst is gradually becoming a very p...
Equity Research Analyst: How to become a Equity Research Analyst
Read our complete blog and learn about the career paths and salary packages of equity research ...
MBA in Finance | Jobs & Career Opportunities
Career Prospects and Job Scope for an MBA in Finance to develop an analytical and statistical f...