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About Career

 

Would you enjoy working in the field of economics and accounting? Do you always take a calculated risk for your financial matters? If yes, you should consider a career in financial risk management.

 

Financial risk management is the process of identifying, analyzing and managing or mitigating the potential financial risk involved in the business. Majorly there are four types of financial risks involved:

  • Market risk
  • Credit risk
  • Operational risk and
  • Liquidity risk.

Risk managers understand and analyze these risks and come with a potential strategy to manage or mitigate these risks.

What are the roles and responsibilities for Financial Risk Manager?

  • Analyze and track the company's financial performance.
  • Perform a risk assessment and risk evaluation.
  • Design and implement an overall risk management process for the organization.
  • Forecast and monitor market trends.
  • Analyze day-to-day financial transactions.
  • Make recommendations to reduce or control financial risk.
  • Develop contingency plans to deal with emergencies.

 

What are the key skills required for Financial Risk Management?

  • Strong numerical and Strategy skills
  • Commercial awareness
  • Financial Modelling
  • Good research skills
  • Strong analytical skills

What are the career opportunities in Financial Risk Management?

  • Prudential Risk
  • Corporate Risk manager
  • Credit risk specialists
  • Financial Risk analyst
  • Market risk specialists
  • Operational risk analysts
  • Regulatory risk analysts
  • Risk Manager
  • Senior Operational Risk Manager

What is the salary and demand for Financial Risk Manager?

  • Demand is High for Financial Risk Management.
  • Salary levels are High for Financial Risk Management. For fresher average salary is more than 5 Lacs.
  • Fees levels of the course is Medium. To pursue this course student need to spend 3 to 4 Lakhs.
  • Level of preparation for Financial Risk Management is High. Students spend more than 1 year to prepare for entrance test of Financial Risk Management.

1 Fees
Medium
2 Demand
High
3 Salary
High
4 Level Of Preparation
High

Career Videos for Financial Risk Management as a career curated from Youtube

What education is required to become a Financial Risk Manager?

  • Student can do 12-Science(Commerce). Then complete B.Com- Finance. Further you can Proceed with FRM Exam.
  • Student can do 12-Science(Commerce). Then complete B.Com- Risk Management. Further you can Proceed with M.Com Risk Management.
  • Student can do 12-Science(Commerce). Then complete BBA Risk Management. Further you can Proceed with MBA Risk Management.

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