Manu Kris
(Market Risk Analyst)
(185 Points)
Replied 13 December 2007
Hi Swathi/Arjun,
Software industry needs thousands of business analysts/ domain experts to act as an interface between the techies and the client.The job profile is nothing great u just need to clarify the doubts /share knowledge with the techies.There is not even 1% application of financial concepts or anything what we have learned in CA syllabus.BUT YOU WILL GET TO WORK WITH GREAT COMPANIES AND GET CHANCES TO VISIT MANY COUNTRIES BUTTTTT you are wasting your career..the growth for CAs in software companies are limited ...Best option is to get into banking or corporate finance sector(i advise not to get into accounts) For Achiveing you need to do the flollowing things
1) Improve your knowledge of economy and current affairs( Read ET/ Subscribe for Mckinsey Qarterly/Warthon Business Journals.
2) Read research reports
3) learn Niche Skills like financial Modelling( Fiancnial Modelling for M&A and Leveraged buyout is demand in Wall Street.
Given below is a short descripttion of financial Modelling.
We all have learned finance at various stages and successfully solved problems in examinations but in the real context the CFOs or finance manager will not stit with a piece of paper and calculator to take financial decision, but they use different financial models to find solutions the models are generally made in spreadsheet (MS Excel) but
We can create financial model in excel for the following purpose where in we need to key in the raw data and the model will calculate the answer within a fraction of seconds
Different financial tools built in in excel are used for this. It’s a combination of formulas and functions with different complexity level. We can create financial model for the following purpose.
Investment decision using capital budgeting
Mergers & Accquisition modelling
LBO Modelling
Portfolio evaluation
Option Pricing (Using Black and Scholes method and other methods)
Bond Valuevation. Etc
Manu
9886707142
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