Whether you’re a seasoned finance expert or contemplating a career shift, comprehending India’s top 10 highest-paying finance jobs for 2023 is pivotal. In this detailed blog, we will dive deep into these finance roles, illuminating their responsibilities, prerequisites, and potential salary brackets. With this knowledge, you can make informed decisions about your finance career, setting yourself on a trajectory for success in this dynamic industry.

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1. Chief Risk Officer (CRO)

• Average Salary: 50 Lakhs PA

Leading our list is the prestigious and highest-paying finance career in India, the Chief Risk Officer (CRO). While reaching this pinnacle may require years of dedication, it stands as one of the most rewarding professions in India, with an average annual salary of approximately 50 Lakhs INR.

2. Chief Financial Officer (CFO)

• Average Salary: 37 Lakhs PA

In the second spot, with an impressive average salary of 37 lakhs per annum, is the Chief Financial Officer (CFO), a dream job for many finance professionals. CFOs are in demand across various industries, with the retail and banking sectors presenting the most promising opportunities.

3. Financial Actuary

• Average Salary: 25 – 30 Lakhs PA

Financial Actuaries, with an average salary of 25 to 30 lakhs per annum, secure the third position. This career might be relatively unheard of to many, but it holds enormous growth potential and high demand.

4. Hedge Fund Manager

• Average Salary: 20 – 25 Lakhs PA

Hedge Fund Managers are witnessing rapid career growth and high demand in India. While entry-level positions may commence at around 8 to 10 lakhs per annum, experienced professionals can earn up to 25 lakhs per annum.

5. Private Equity Associate

• Average Salary: 15 – 20 Lakhs PA

Private Equity Associates oversee the entire deal process and are in high demand in the finance sector. Salaries vary depending on the size of the Equity Firm, with an average annual salary ranging from 15 to 20 lakhs.

6. Investment Banker

• Average Salary: 10 – 15 Lakhs PA

Qualified financial analysts are in high demand across many businesses, especially in banking and insurance. Businesses may utilise financial data to better plan for the future and make educated decisions about where to invest and how to manage their operations.

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7. Financial Analyst

• Average Salary: 10 – 12 Lakhs PA

The banking and insurance industries, in particular, have a significant need for qualified financial analysts. Financial information is used to aid businesses in making well-informed investment and management options in the future.

8. Compliance Analyst

• Average Salary: 7 – 10 Lakhs PA

Compliance Analysts play a crucial role in ensuring that all activities adhere to governance guidelines. They examine data, processes, and financial infrastructure to ensure compliance with regulations. An MBA in finance with a bachelor’s degree in finance is typically required for this role.

9. Loan Officer

• Average Salary: 5 – 8 Lakhs PA

For those interested in banking and credit, a career as a Loan Officer can be a great start. Loan Officers evaluate applications, approve or authorize loans, and ensure the completion of loan contracts. A degree in economics or finance is typically preferred.

10. Personal Financial Advisor

• Average Salary: 5 – 8 Lakhs PA

Personal Financial Advisors provide tailored financial advice and services to individual clients, covering tax and investment planning, retirement planning, and budget assistance. An MBA in finance with a background in accounting is the common qualification for this role.

Conclusion

The finance sector in India is teeming with lucrative opportunities with high-paid finance jobs in 2023 and in future. It’s time to choose your path, stay determined, and embark on a successful career journey with confidence. Explore the online courses available from Great Learning to supercharge your career. Your future in finance awaits you.

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Students who are desiring to study law courses in Symbiosis Law Schools take up submission of SLAT 2025 Exam Application.

Schedule

SLAT 2025 Exam Application Submission started on 27 August 2024 and last date to apply for the exam is 22 November 2024.

Announcement of the result for the exam will be done on 26 December 2024. The further process schedule will likely be communicated to the students. Those who pass the exam with required qualifying marks will likely be eligible to take part in further process for admission.

About The Exam

The full name of the exam is Symbiosis Law Admission Test and is popularly known as SLAT.

This is an institutional level exam which is conducted once a year and students who pass this exam can apply to study BA LLB, BBA LLB, BA LLB Hons and BBA LLB Hons in Symbiosis Law Schools.

Test will be conducted as a computer based test – questions have to answered on a computer screen at the designated test center. The duration to answer the questions is one hour or 60 minutes.

Who Can Submit SLAT 2025 Exam Application?

Candidates who have passed plus two in any stream from a recognized educational institution can submit SLAT 2025 Exam Application.

Applicants should have passed the qualifying exam from a recognized educational institution with a minimum of 45% marks, if they are from General Category.

The same for those from SC/ST category applicants is 40%.

Those willing to submit SLAT 2025 Exam Application must ensure they are fulfilling the eligibility condition before venturing ahead to apply, so as to avoid rejection at a later stage.

How To Submit SLAT 2025 Exam Application?

The process to submit SLAT 2025 Exam Application is online and registration can be done at ‘https://www.slat-test.org/’ The process is mentioned below:

1. The URL mentioned above must be typed into the browser and then submitted to allow the website to download.

2. Once the website is ready, candidates can read the information bulletin to know about the exam.

3. After reading the bulletin, they can click the button Register for SLAT

4. Clicking the above button will open another webpage with URL ‘https://slat2025.ishinfosys.com/SLAT20Y25/Register/Index.aspx?_gl=1*15lzzsr*_gcl_au*MjQ1Nzc5OTQ1LjE3MjQ5MzM3NjE.*_ga*NTczNzE0NTI2LjE3MjQ5MzM3NjI.*_ga_1V1LBB8MFB*MTcyNDkzMzc2MS4xLjEuMTcyNDkzNTI2OS41NS4wLjQ4Mzc4NDgzNw..*_ga_PYMQ1FRCLG*MTcyNDkzMzc2MS4xLjEuMTcyNDkzNTI2OS41NS4wLjIwMDYwNTAzNA..’

5. Once the webpage with above URL opens, candidates can click Register

6. Clicking the above button opens webpage with URL ‘https://slat2025.ishinfosys.com/SLAT20Y25/Register/Index.aspx?_gl=1*15lzzsr*_gcl_au*MjQ1Nzc5OTQ1LjE3MjQ5MzM3NjE.*_ga*NTczNzE0NTI2LjE3MjQ5MzM3NjI.*_ga_1V1LBB8MFB*MTcyNDkzMzc2MS4xLjEuMTcyNDkzNTI2OS41NS4wLjQ4Mzc4NDgzNw..*_ga_PYMQ1FRCLG*MTcyNDkzMzc2MS4xLjEuMTcyNDkzNTI2OS41NS4wLjIwMDYwNTAzNA..’

7. Once the webpage with above URL opens, candidates can accept the terms and conditions and then register to create an account.

8. After creating an account, candidates can login and start filling the SLAT 2025 Exam Application.

9. The form has to be filled, documents have to be attached and then it has to be submitted.

Link To Submit SLAT 2025 Exam Application Is Here

1. The URL mentioned above has to be typed into the browser and submitted to allow the website to download.

2. Once the website is downloaded, candidates have to click the link for hall ticket.

3. Clicking the link may likely open another webpage with a another URL.

4. When webpage with another URL opens, candidates can enter their application number and other required details and submit them to obtain the hall ticket.

Point To Remember

Candidates who have successfully completed the process of SLAT 2025 Exam Application can alone download the hall ticket.

The link for admit card will be made active at the appropriate time on the official website. Once the hall ticket is visible, candidates can download and take a print out.

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Those who pass the exam will have to appear for PI (Personal Interaction) session. Final selection will likely be done based on performance in the written test, performance in the qualifying exam, performance in the PI session, availability of seats, choice of the course by candidates.