Gurugram-based Masters’ Union, the new-age enterprise college, launched their placement report for their Applied Finance programme. The distinctive 11-month programme is co-designed and delivered in collaboration with KPMG India. MasterCamp in Applied Finance is a totally hands-on programme for undergraduate college students and younger professionals, offering rigorous trade immersive coaching inclusive of outcome-driven studying experiences. It additionally features a 3-month-long digital internship for freshers and a reside undertaking for younger professionals.
The progress prospects for utilized finance professionals in India are promising. The evolving monetary area and the growing complexity of the globalised and technology-driven world have led to a surge in demand for professionals skilled in superior finance, reminiscent of these with experience in utilized finance. For instance, the job profile of a monetary analyst has seen a surge of 30% within the final decade. Furthermore, the aggressive panorama of the Indian monetary sector, together with the fixed want for knowledgeable monetary choices by people and organisations, has contributed to an elevated demand for expert professionals adept at leveraging cutting-edge monetary instruments and methods. This intensifies the pursuit of specialized schooling and coaching in superior monetary disciplines like quantitative finance, danger administration, and monetary modelling.
The common package deal for the programme stands at Rs. 4.5 Lakh Per Annum (LPA) with the very best package deal at 9 LPA. 281 corporations joined the recruitment drive, together with KPMG, Deloitte, J.P. Morgan, IBM, Genpact, and Aditya Birla Capital, amongst others. The high 25% of the batch landed a median package deal of Rs. 6.5 LPA. These reputed corporations employed expertise throughout sectors reminiscent of Consulting and Advisory, Corporate Finance, FinTech, and Technology & IT Services, amongst different sectors.
Pratham Mittal, Founder, Masters’ Union, stated, “As we witness the ever-evolving landscape of the financial sector, Masters Union remains committed to nurturing a cohort of forward-thinking professionals through our Applied Finance programme. KPMG and Masters’ Union are committed to empowering students with hands-on experience and industry-aligned skills and expertise. The surge in demand for applied finance professionals underscores the relevance of our programme in equipping talents to navigate the complexities of todays financial world. We take pride in our graduates achievements and their seamless integration into diverse sectors, reflecting the programmes efficacy and relevance.”
Students secured roles as Analysts (32%), Founders Office (2.02%), Associates in Finance, Investment, Management (16.2%), Finance Executives (3.4%), and Accounts Executives (4.7%). The report additionally highlighted profession transitions for college students that embody roles in Investment Banking, Government and Public Sector Advisory, Finance Business Partner, Financial Data Analyst, and so forth.