In the recently released 2017 QS Rankings, The London School of Economics and Political Science (LSE) has yet again placed among the top 5 universities in the world for the subject area of Accounting & Finance. At the Indian School of Business & Finance (ISBF), students of the Graduate Diploma in Finance study this world-class curriculum for a year. This helps open up not just their minds, to a new, analytical and application-oriented way of thinking, but also hitherto unobtainable opportunities, with respect to higher studies as well as placements.
As regards higher studies, the Graduate Diploma gives students a distinct advantage while applying for 1-year MSc programmes in Finance and related areas (such as Accounting & Finance, Economics & Finance, et cetera) in the UK, the US and other countries. This is because the University of London qualification and LSE education are valued very highly everywhere in the world. Taking advantage of this option, many students of the Graduate Diploma in Finance have gone on to postgraduate programmes in Finance in prestigious universities across the globe.
For those opting for placements, one unique proposition is the 1-year international internships in London or New York. These have generally been with leading investment banks like Morgan Stanley, Deutsche Bank, UBS and Barclays, among others, in areas such as finance, human resources, marketing and operations. Some of our students have sufficiently impressed their employers to convert these internship opportunities into full-time roles in the company’s India office.
The other path, more frequently trodden by those seeking placements, is jobs with companies in India. While the financial services industry in India is growing and maturing rapidly, the market is still under-penetrated, and therefore client-facing roles are few and far between. Some of the most technical and analytical work in this sector happens, in fact, in knowledge process outsourcing (KPO) firms, such as Moody’s Analytics, MCube Financials, Ameriprise Financials, S&P Capital IQ, Copal Amba Partners, McKinsey Knowledge Centre and Bain Capability Centre, to name a few. These generally take the form of captive middle offices which are supporting clients in the US or Europe, and conducting technical anaylsis for anything ranging from underwriting billions of dollars of loans to supporting mergers and acquisitions. Many ISBF finance graduates have had the opportunity to hone their analytical and inter-personal skills in such jobs, which involve financial modelling, spreadsheeting and regular presentations to and discussions with overseas clients. Some of these graduates have even gone on to successfully leverage such experiences to gain acceptance into top MBA programmes in India as well as overseas.