International University of Management Postgraduate Diploma in Finance Management
What is Postgraduate Diploma in Finance Management?
Post Graduate Diploma in Finance is a two-semester Work Integrated Learning Programme designed for working professionals aspiring for rapid career progression in high-growth areas of Finance or the BFSI industry and who wish to stand out in highly competitive workplaces.
Entry Requirement
Admission to this qualification is restricted to categories 1 and 2 criteria for the Post Graduate Diploma in Finance Management (PGDFM).
Category 1: IUM applicants
Must have completed higher diploma plus two years relevant work experience and/or Bachelor Honours degree in Finance Management and/or Business Administration.
Category 2: Non IUM applicants
Relevant undergraduate degree and/or equivalent at NQF level 7 or 8 and/or determined by the IUM Senate.
Frequently Asked Questions
What is the difference between a degree and a postgraduate diploma?
More advanced than an undergraduate degree, postgraduate diplomas and postgraduate certificates are qualifications at the same level of study as Masters degrees, but they’re shorter and you don’t have to write a dissertation.
Which degree is best for financial management?
Employers typically require a bachelor’s degree in finance or a related field, such as economics, accounting, or business. Financial managers also need at least five years of experience in finance-related positions, such as financial analyst or accountant.
What is the job for financial management?
They also manage the organization’s insurance budget. Treasurers and Finance Officers manage the investment of funds and handle associated risks, oversee cash management activities, carry out capital-raising strategies to support a firm’s expansion, and supervise mergers and acquisitions.
Does finance require a lot of math?
Some of the main math-related skills that the financial industry requires are: mental arithmetic (“fast math”), algebra, trigonometry, and statistics and probability. A basic understanding of these skills should be good enough and can qualify you for most finance jobs.
Is finance a good career?
A career in finance is exciting and rewarding, and, usually, very lucrative. It attracts young people who are hugely ambitious but who also have a head for economics, accounting and the ability to quickly and intuitively grasp and process complex financial concepts and data. Finance is all about managing money.
Do finance majors make good money?
While finance degrees overall may not pay more than other educational tracks, there are plenty of finance-related jobs that are very lucrative. Some of the careers that pay the most, such as investment banking, involve very long hours, so anyone concerned about work-life balance might want to look elsewhere.
What do finance people do?
Most people who earn a bachelor’s in finance work in areas including commercial banking, financial planning, investment banking, money managing, insurance and real estate. Other areas of interest are finance include private equity, commercial lending and sales and trading.
Is finance hard to learn?
Finance is a moderately hard major. Finance is easier than STEM subjects but more difficult than liberal arts majors. Most students find a finance degree difficult because of the moderately complex mathematics involved, the interdisciplinary approach, and the unfamiliar concepts and vocabulary included in the major.
Does finance have a future?
Routine duties will shift to “knowledge-based responsibilities” in the financial industry, requiring individuals to adapt and grow with technological advances and organizational goals. The future of finance is rich with possibilities for those willing to seek and create new opportunities to thrive.
Is finance or accounting better?
An accounting degree allows for many more options. Finance majors have courses more focused on financial services and consultancy. Finance is a great choice for those students who want to manage current and future financials of a company or organization.
What is harder accounting or finance?
Accounting is a more difficult subject to master than finance. Accounting is more involved, with strict sets of arithmetic rules governing it. Finance requires an understanding of economics as well as some accounting. However, it does depends on your interest and skills.
How many years is a finance degree?
A bachelor’s degree in finance is usually the most common requirement to pursue a career in finance. This degree takes four years to complete and prepares you with the basic fundamentals you will need as a finance professional.
Why should I study finance?
In other words, finance helps us make better decisions with our money and accounting enables us to keep track of it. You use finance in innumerable everyday financial scenarios, such as: Making a budget for your groceries. Deciding how much of your paycheck you want to save and how much you want to invest or spend.
What do you study in finance?
A finance major will learn economic, social and entrepreneurial methods to create financial plans or give investment advice to clients. July 16, 2019, at 10:32 a.m. A finance major learns how to work with businesses to streamline operations through financial planning, investing, problem-solving and budgeting.
Is a finance job stressful?
If you work in banking or other sectors in financial services, you likely spend a healthy part of your day dealing with career-related stress. The hours, the responsibilities, the external pressures to deliver consistent compelling results – they all add up
How do I choose a career in finance?
There has been a rapid growth in the finance industry in the past and in order to make career in the finance, one has to get suitable degree such as B. Com, CPA or MBA in finance and then can choose the career in any of the different areas of finance such as the equity analyst, Investment Banking, Asset Management.
What pays more marketing or finance?
MBA in Marketing shows slightly better salary trends as compared to MBA in Finance. The average salary in India is Rs. 7.5 LPA for Marketing and Rs. 7 LPA for Finance.