In an era where the financial landscape is undergoing a profound transformation, the temptation of a career in finance has never been more pronounced. Remember the story of Kumar Mangalam Birla? He transformed the Birla Group into a global conglomerate. It's visionary financial minds like his that are propelling this transformative shift. 

 

When coupled with the right online learning opportunities, you, too, can explore a thriving career in this dynamic realm!

 

From the intricate algorithms of quantitative analysis to the strategic insights of financial planning, the finance sector is brimming with the best online degree courses in finance that promise lucrative paychecks with evolved online skills. 

 

Perceiving the rapid evolution in the realm of online degree courses and programs in India, finance aspirants have the freedom to redefine their career trajectories following consistent upskilling without compromising their current pursuits. 

The Evolution of Career in Finance: Best Online Degree Courses in India to Get Started

With the inception of online education platforms, learning high paying skills through consistent upskilling has never been a trouble! From lucrative online accounting skills for pursuing a career in Actuary to online finance management skills that nourish your knowledge of taxation and statistics, knowing the variety of courses available online, finance aspirants get to indulge in a world of opportunity and consistent growth.

 

Let us take you through the best online degree courses to further help you navigate and claim top-paying careers in finance listed further in our blog!

Leading Online Degree Courses in Finance	Institute	Course Duration
Online MBA in Finance Management	Vivekananda Global University	2 Years
Distance MBA Finance Management	Suresh Gyan Vihar University	2 Years
Online M.com in Accountancy	Kalinga Institute of Industrial Technology	2 Years
Online MBA in Finance Management	DY Patil University	2 Years
Online B.com in Accountancy	Andhra University	3 Years

 

Top Paying Careers in Finance 

Whether you are a fresher navigating the fresh path of commerce or a seasoned professional aiming to skyrocket your growth with consistent upskilling, after completing an online degree in finance, you can explore a myriad of lucrative job roles. 

 

Let's explore some of them!

Personal Financial Advisor

Warren Buffett once said, "Do not save what is left after spending, but spend what is left after saving." Personal financial advisors embody this philosophy, guiding individuals through the complex financial landscape. These advisors' finance management skills will be essential for many businesses, making it one of the high income skills in India.

 

Skills required: Financial planning, investment strategies, and risk management.

The average annual salary of a personal financial advisor is INR 4,67,000.

 

Budget Analyst

Every successful business, from Apple to Reliance, relies on meticulous budgeting. As businesses face economic uncertainties and strive for efficiency, the demand for experts who can craft, review, and adjust budgets to align with strategic goals will rise. Their expertise will be indispensable in future financial planning, solidifying their position as top financial professionals.

 

Skills required: Financial forecasting, budgeting, and strategic planning.

The average annual salary of a budget analyst is INR 5,99,566.

 

Investment Banker

The story of Goldman Sachs helping Alibaba raise $21.8 billion in its 2014 IPO is a testament to the pivotal role of investment bankers. As companies face challenges in a changing global economy, the need for expert financial advice will rise. Whether merging with another company or raising money through public offerings, investment bankers will be essential in guiding businesses to success in the future.

 

Skills required: Financial modelling, mergers & acquisitions, and market analysis.

The average annual salary of an Investment Banker is INR 7,36,289.

 

Affiliate in Private Equity

Private equity associates play a key role in finding and funding promising ventures like Ola and Swiggy. As businesses seek more capital to grow and innovate, these associates' skills in analysing data and spotting good investment opportunities become crucial. Their ability to guide firms in making smart financial choices ensures their job will be highly valued in the future.

 

Skills required: Investment analysis, market research, and financial modelling.

The average annual salary of an affiliate in private equity is INR 9,00,000.

 

Financial Actuary

In the evolving financial landscape, data-driven decisions are paramount. Professionals adept at using statistics and models will be essential in shaping future financial strategies. Take Mukesh Bansal, for instance: his use of data analytics at Myntra to forecast fashion trends brought the brand to immense success.

 

Skills required: Statistical analysis, risk assessment, and financial forecasting.

The average annual salary of a financial actuary is INR 11,88,811.

 

Economist

Dr. Manmohan Singh, India's former Prime Minister and esteemed economist, significantly liberalised India's economy. Economists like him analyse trends to forecast market movements. With global challenges like climate change and technological disruptions, their insights become essential. Their expertise in predicting economic strategies is invaluable for future business planning.

 

Skills required: Data analysis, economic forecasting, and research.

The average annual salary of an economist is INR 13,00,000.

 

Hedge Fund Manager

Rakesh Jhunjhunwala, often referred to as India's Warren Buffett, is a testament to the prowess of hedge fund managers. As the markets become more unpredictable, their skill sets in balancing risks and rewards will be even more important. 

 

Skills required: Market analysis, investment strategies, and risk management.

The average annual salary of a hedge fund manager is INR 23,55,048.

 

Chief Financial Officer (CFO)

The CFO's role is pivotal in steering an organisation's financial trajectory. A CFO's expertise in capital allocation, cash flow management, and strategic financial foresight becomes crucial. Their ability to adapt and innovate financially ensures that companies remain resilient and competitive, solidifying the CFO's position as a top job in the future landscape.

 

Skills required: Financial modelling, strategic planning, and leadership.

The average annual salary of a CFO is INR 46,30,000.

 

Tax Director

Tax Directors oversee an organisation's tax planning and compliance. With global economies becoming more interconnected and tax regulations constantly evolving, businesses need seasoned experts to navigate complexities and ensure compliance. Their high paying skills in optimising tax strategies and mitigating risks will be vital in the future financial landscape.

 

Skills required: Tax law expertise, strategic planning, and regulatory compliance.

The average annual salary of a tax director is INR 50,00,000.

 

Chief Risk Officer (CRO)

As businesses face accelerated technological disruptions and shifting regulatory frameworks, the need for adept risk management will intensify. With their holistic view of threats and opportunities, CROs will be instrumental in guiding organisations safely through these complexities, making their position indispensable.

 

Skills required: Risk assessment, data analysis, and strategic planning.

The average annual salary of a CRO is INR 51,00,000.

The Future of Finance

The financial landscape is undergoing a dynamic transformation driven by technological advancements, regulatory changes, and global economic challenges. The expertise of Finance professionals will be pivotal in navigating future challenges, making them top future leaders in the finance sector's next era.

Learners aspiring to make a mark in the finance sector and achieve professional growth can consider the Online M.Com Accountancy courses. These online finance programs assist individuals in upgrading their accounting skills, helping them make their first step towards lucrative finance opportunities!