5 Questions To Ask Before Choosing A Career In Finance | Miti Vaidya, XLRI Jamshedpur Alumna
ฝัง
- เผยแพร่เมื่อ 13 มี.ค. 2019
- From being an intern at Goldman Sachs to managing business projects as a manager for TAS to working in TATA Power and Tata Steel in different roles, Miti Vaidya has explored different avenues after graduating from XLRI Jamshedpur with an MBA in Finance and Marketing. She is also a CA which she pursued after her MBA at XLRI. Having worked in the world of Finance, she realized that there is more for her to explore, learn and achieve by taking up different roles across businesses. Her quest for learning drove her to join InsideIIM.com as a Product Manager in the year 2016.
In her talk, she explains what are the factors that you should consider before choosing finance as your career, based on her own experiences.
Work on a Live Project, get live & recorded sessions, 1-on-1 interview prep & CV editing to help you bag that Finance dream job with the AltUni Finance CareerPro Masterklass! Learn Finance concepts in jargon-free sessions from IIM-A, B, I and XLRI alumni who’ve worked in companies like Deutsche Bank, Edelweiss, Merrill Lynch, Kotak Securities, Kotak Wealth, TAS, etc. in a program rated 4.4 out of 5! Click here to know more - bit.ly/2XvqUYe
Tell us in the comments section below what you think is a must before choosing finance as your career option.
Subscribe to our channel for more such content from the world of B-schools.
To propel your career forward with peer-based learning, industry interactions and exclusive job prospects, check out Klub AltUni here - bit.ly/3aGFz9E
Enhance Your Earning Potential. Advance Your Career. Join the Klub of India's Top Professionals
See you at the Klub!
5 questions start at 12:00
My friend. We need more people like you
Thank you❤️❤️
Thanks, brother
thank you bhai
Thanku
She bloody turned down the GS offer. Damn. The level of confidence ❤️
So true
Not confidence, its clarity
Though clarity gives you confidence, thats another aspect. But ultimately clarity leads to best choices.
@@ankitmahlawat167 yo 😎
I am an MBA Finance enthusiast and this video gave a big boost to my morale to specialize in the finance domain. Thankyou so much for sharing such a wonderful info about your experiences.
So where do you work now ? & Hows life ?
So impressed...Was really enlightenment for me...Sunk Cost concept was awesome
Best talk I've ever heard relating to finance. No saucing up, no fake doses of positivity, etc. She was on point. Great!
💛 Thanks for your kind words
Thanks a lot Miti ma'am and inside IIM for sharing such valuable insights with us , awesome value paucked session and she's beautiful 😊
Very much informative for finance student😘
Really helpful and like the clarity with which she spoke.
Awesome. Thank you
Awesome! Thank you so much.
Would appreciate if you arrange such session about HR also.
Glad you liked the video, Rucha! Yes, we will definitely try to cover more domains :)
Enlightening one
The is really informative for the students who are looking to make their career in Finance Field and also clears so many doubts related to corporate life..
Thanks for these kind words
Thankyou Ma'am for this wonderful in through of how it went for you. And respecting to explore until one gets what he wants. I was looking for someone to tell me that how it actually happens while working in a finance domain and this video helped out.
Glad you found it useful! :D
This talk was svery informative.
@Miti Vaidya ma'am that 3 Rd point about being creative and macro thinker, what kind of profile one can't opt in that case?
Thanx for sharing insight...🙏
Glad you found it useful!
You can also Watch Konversation with Miti on Why Finance Part 1 Video here - bit.ly/2I9X15y
INFORMATIVE!!!!
This is so insightful! Thank you for this and would love to see more
Here are a couple more videos of Miti:
1. Why Finance - th-cam.com/video/ifcvva3ny7o/w-d-xo.html
2. From XLRI/CA to Tata Group - th-cam.com/video/w__5itoKoRE/w-d-xo.html
@miti Vaidya It was really helpful and relatable to, as you have also been a CA student once.
I have given many attempts of CA final. Kindly guide me on how to build a career in corporate finance (M&A) from this stage. I am planning to pursue CFA and FRM certification or Shall I prepare for CAT. I am 26 right now.
Rishab Gangwal same here bro. I've doubts
Prepare for both
Wow what a video ❤️. So informative. Love this channel. Thank you!
So happy to hear that, Prateek. Made our day :)
If I want to go into finance as I do have interest in the finance but I used to not get good score in accounts in my academic year then Also should I get into finance field???I hve a lot of confusion about this
Amazing tips with clarity of thought. I would like to know what you finally chose after finance ma'am?
Hi Harika, I did some work around strategy for couple of years, and then product management. I think general / product management is what I'm most suited for - at least that's what I believe at the moment ;)
@@mitivaidya Do students at college KJSom/Welingkar Mumbai get good finance profiles and should one consider these colleges for finance if there is no other option?
Hi Ajinkya, apologies for the late response. Hadn't looked at this in a while. Yes these colleges do get decent profiles AFAIK. Might be best to research it properly on InsideIIM though - they have the data around this.
Anyone pls suggest according to your experience! The one who wants to end up in trading sector in equity firms as their carrer and in investment sectors which would you recommend.... (IIFT, NITIE, IIM ABC, XLRI)? out if these I'm so confused.......
Amesome....but such a big channel is not using genuine windows licence by looking at the projector screen behind
Focus on better things mate.
That's just Indian things bro
Good observation though
It's not such a big channel yet. Spending on a windows license is the last thing they should worry about.
Indian "Chor" mentality. Can't spend a few thousand dollars on Window's license.
Maam is CFA and FRM worth pursuing along with MBA(finance)
I'm in my final year of my CS course but due to multiple attempts my parents are insisting me to drop CS and do MBA instead. Now I'm also doing a job for experience along with that I've also done MCOM from distance learning. What I want to ask you is would it be advisable to do part-time MBA from a local MBA college and continuing my job? Would it give a good impact on my CV? And will a MBA degree also help me in completing my CS exam?
Yes MBA will look good
Keep going don't give up
Thank you ma'am
Thanks for liking the video! You'll also be interested to watch - Konversation with Miti on Why Finance Part 1 Video here - bit.ly/2I9X15y
Part 2 here - bit.ly/2IbQXth
Part 3 here - bit.ly/2F2rBw0
Really insightful and practical.
So happy to hear this, Mayukh! :D Glad these videos are helping you all! More videos coming your way.
quest of business
I have stammering am I able to do financial analyst in MBA
Can you make some video on marketing and HR too??
So basically both Tata companies she worked with have gone to the dogs. Tata Power not doing well on stock market and the less we talk about Tata Steel in Europe the better.
Savage 😂😎
Stop judging
people all the time ...first make yourself capable of that at least to stand in front of her.
Tata Power will become next multi bagger .. it will spearhead India's electric transformation
Ma’am it would have been great if u had shared ur journey of doing CA after MBA coz nt many go through this approach and thats what i am keen to know!
Hi Vishad, I only had my CA Final left after MBA actually. I had already finished my articleship before I joined XLRI. So not much of the CA journey was left post MBA. Once the XLRI convocation was done in March, I spent two full months studying for the May attempt. Surprisingly, I found the studying a little bit easier than my first attempt (which I appeared for just a few days before going to XLRI) - maybe I'd picked up productivity hacks in MBA which helped! For example, Costing felt super easy. Law, on the other hand, felt a little tougher.
Let me know if have a specific question about this and I'll try to address it.
@@mitivaidya I have a few questions if you could help me with that!
@@priyeshagarwal5686 sure, please ask
@@mitivaidyahello ma'am, I have already cleared CPT and gave a shot for IPCC but failed so I quit Ca and decided to do an
MBA. Failed miserably to get into top tier b schools and ended up taking admission into below the average college. Now I am regretting and can't back out also coz of huge investment.
I am thinking of doing either ca or CFA with MBA now, to get where I want to. So what should I do now?
Coz even I clear IPCC 3 year articleship is problem.
Please advise.
Is there any job profile of trader at big companies ?
Studied till M.com and simultaneously was doing CA but could not clear IPCC exams,done with articleship.So wanted to know which courses or co. to kuch start with for getting into finance jobs ??
What kind of role are you interested in? Given that you have done articleship, might get opportunities in finance department of a corporate organisation. Would be useful if you want to get into corporate finance eventually. But not clearing IPCC doesn't stop you from applying to other roles.
and today tata power one of the most in-debt company of tata group.,.,49000 crore debt reduced to 23000 cr.,.
I am not good with numbers as well as in communicating but I wanna pursue a career in finance . But I think I can build these qualities . What should I do ?
Same situation here.
@@nycto16I took it . You also take it . Listen to your gut feeling . Remember skills can be learn .
@@deepvyas2237 I'm currently studying business administration and gonna specialize in banking and finance. I hope everything will be okay. Best of luck to you!
@@nycto16 Great to hear that boy. Best of luck.
I only love market. I don't know I should go for finance mba or stick to trading. I love trading
MBA finance and trading are too different from each other
If you've already figured out what you love and are doing it, I say stick with it. There is absolutely no need to do an MBA if trading if your preferred career. If you look up profiles of successful traders, I think you'll find most of them haven't felt the need to do an MBA :)
Sir I am a technical guy and want to know about stocks and markets from basic concepts.can you suggest what to go for to know about these topics?
@@binayakbanerjee4238 If basic knowledge is the key thing you're after, you dont need to look beyond Google :) There are several, very good, free resources available online if you want to cover basics.
How did you started trading...I mean you have started in trading related job...or started trading in your free capacity..I am interested in markets ...
Bring people from Product Management roles
Here you go: Skills, Qualities Of A Product Manager Decoded Ft. PMs From Flipkart, Uber, Amazon, Microsoft th-cam.com/video/_sXMQgyM40o/w-d-xo.html
i don't see how you think this is informative, these were vague questions
So I am in the final year of computer science, I am good at programming, I am sure I will get a decent job through on-campus placements.
But I consider myself more of a creative person, who loves to formulate strategies, distribute works among the team members, loves to look at the bigger picture and hates the nitty-gritty detailing. So what would be the best career choice for me?
PS: I figured out these things about me through various club activities I have been part of during my college, say for example I am currently Student executive chair of Alumni Association over here.
Hey Ayush, you asked me this on LinkedIn too right? Assume your question is answered fully there.
R u doing btech or bsc?
hey, same question here, whatever you described is exactly what I love to do. So did you figure out what career choice is better suited to u?
Information and distraction at d same time.
that's corporate life. survival of the fittest.
😂😂😂😆😆😆😆😆😆
🤣
Engineer?
😂😂
Ma'am I'll be turning 25 this year and completing my CA most by Jan 2021 after 3 attempts in the CA final is going for a two year MBA at the age of 26 affect my placements post MBA or should I ramp up work ex and go for one year course through GMAT.
My preference is Consulting and I would like to know what I need to do to build a profile for that.
Any reply would be much appreciated.
Hi
I am a student of hansraj college in his 3rd year of bsc(h) computer science. I want to do an mba in finance but almost everything that ma'am said went over my head. Should i be worried?? Should i first know all these things before going for an MBA
Yes bro
Hi Atul, you need not be worried at all! The purpose of the MBA is to help you understand these things. There will be many others with a similar background as yours - you'll figure it out eventually. You can get a headstart by checking out some online courses. This is a nice-to-do and not a must-do though.
Hi miti,
Your reply did really help. So all in all I can go for MBA in finance since it doesn't seems to be horrifying. 😁 Can you please suggest some courses that i can go for??
Khan Academy has great videos about the basic concepts of Finance. I've helped create a course on konversations.com called Fundamentals of Finance where we've put together all the basic concepts (that I think someone starting their career in Finance should know) in a fun way.
Thanks a lot ma'am.
I want a career in finance , mostly in equity research. But I am not a first attempt CA. So will it hamper my growth opportunities? Also, what all are other roles in finance (non-IB)?
Hi Soham, You can ask your queries here - bit.ly/2Iqq9FO
Experts and B-school students will be able to guide you well! Good luck!
I'm not a first attempt CA either :) I think it's fine - my experience has been that in the long run the no of attempts or academics dont matter as much as the work you have done.
Please activate your windows don't pirate
I want to pursue finance strongly but cannot find a right job.
Hey! You may be interested in an 1-on-1 mentorship with industry stalwarts to figure out what you can do to build up your profile for the right job in finance: bit.ly/3aVfm38
You may also be interested in a certification program in Corporate Finance in association with SDA Bocconi: bit.ly/3jCLIDL
Miti G, still you are searching something in your life. Being a govt. school student, I always fancy about such goldman sachs, lehman brothers, B-school admission etc. means very hi-fi stuff. Now realized that this is really bull shit. Ashneer grover says Dhanda to Hindi bol ke benga really very appealing. I listened to very boring, wanted to close this video but say inner yaar dekho lo iske legs hi. Now Miti take a decision then I feel proud Yes Miti did something great and become multi billionaire otherwise bakwas hai sab.
Wt r u saying? Where is 5 ..........
Hello ma'am,
I am left with one group of CA final which I plan to give In November 2019 and I plan to give CAT 2020. Would doing some courses like CIRA CIPM CAIA etc increase the chance to get a call from top B-Schools? And do they count articleship as work experience in personal interview? I mean it's not counted on paper but the interviewer knows that I have done articleship which is not less than any job experience? Do CAs have a better chance to get a call?
Thank you for your time 😁
The talk confused me more , and it was more general in nature. Who would refuse a Golman Sachs offer, if you didnt like finance why would you work in corporate finance till 28. Prior to that she wanted to get into Medicine. Calling large transaction numbers as "sexy" just proves it.
Should a student with 60+ throughout the academics choose finance as career?
Well, there's nothing to stop you from doing that! Note that some profiles such as investment banking only consider students with exceptional records. And in general, students with better academic records are preferred. However, assuming you have a keen interest and are willing to work hard, you could demonstrate a better record while studying finance?
I would rather prefer a govt job 😝
13:30
Could have still simplified it...
Any specific part? I'll try and clarify here if I can.
Can people have 2 specializations in MBA?
There's is mba honors for that.
it would be appreciated if you could not add the background music as it's very distracting and slightly annoying. thanks.
Thanks for the suggestions,
We will keep this in mind
Ma'm I'm a commerce student pursuing my b.com and am not planning to do a CA but would like to have a career in finance so will a MBA from a good b-school be enough or should I try to do some other courses along with my graduation ?
An MBA from a good school will certainly be enough brand name on your resume and help you get a good job. In case your academic performance hasn't been great so far, you could consider doing some other course to add to your resume. However, that's completely optional.
Thank you for your reply. Ma'm I've been pretty consistent with my acads and have been scoring 85% above throughout my 10th and 12th grade which I've done from the Maharashtra state board but I'm just very confused about my future plans. Also could you recommend some courses to add to my profile since even good b-school look for a strong profile while selecting a candidate along with the percentile ?
@@dhruvipanchamia7546 If you're very convinced about Finance, might make sense to do a CFA. Or even try to get an internship in finance. If you'd rather do marketing or related, then live projects or internships will make more sense since there aren't any common certifications in those areas.
Any guidance regarding where should I be looking for internships or live projects ?
@@dhruvipanchamia7546 Internshala is a good starting point. You can also sign up on Angellist if you're interested in start-ups.
12:00
1:17 buy it or use linux
For me xLRI means bodhitree 😁😃
Lol xlri
I feel bad when someone your own age is serving you guys food, get up and grab that food yourself. Although he is getting at-least a job, it looks like you mba guys are exploiting poor
Please guys. Help me give me advise.. I have passed class 12 this year.. Now i am doing cma.. Does cma have good scope
Bro go for ca along with cma.. as the couse is 70% same but teachers won't tell you this and they will say ca is much tougher and blah blah.. i myself doing the same cause ca is much more acceptable than cma degree and with wide work area of work.
yeah, not gonna pursue a career in finance
Why
@@raw6435 I have engineering background and I'm good at it, I just don't think financial industry is having enough socital impact. I might work in marketing cuz then I'll be creating value for companies that are providing value to people.
@@bhargav7476 Lol engineering doesn't have any impact but finance have! Even more than half engineers are jobless. Financial industry is backbone of economy of your country and the whole world. Financial managers and other finance professionals helps people in their wealth concerns and make them financially healthy.
@@nycto16 I will start working as Quantitative Analyst this April, which is engineering/Statistics in finance, also cleared cfa level 1 last november. My previous comment is quite naive though.
@@bhargav7476 Oh okay...
Typical personal career developer, using companies for own gain, pulling ladder up afterwards... So it seems....
Any other topic or idea that you're curious about,
Tell us, We'll try to create something on that.
Tata Power is doing extremely bad
Totally waste of time🤦
Is she speaking English?🤔
Yes, We think it's English!!!!
Couldn't understand shit😂
Bogus talk to show vulgarism
Should have been more appropriately dressed..i studied in XLRI too
Akshay S Bhat you should’ve commented more appropriately. 🤦🏻♀️
@@nidhimalkan2163 i studied in XL.. So..
Akshay S Bhat so studying at XL gives you the right to tell someone how to dress or not?
No
Please clarify how you studying at XL and suggesting someone how they should be dressed have the link. What should have been appropriate according to your standard? . I don't see anything inappropriate here.
She has definitely given some good insights and that is what matters.
Beshrm ki tarah baithe hue speech delivere kr rahi je