Fin roles: Investment Banking, Equity Research, Asset Management, Retail

Banking and Relationship Manager, Wealth Management, Corporate Finance

There are a range of corporate finance roles offered at the IIMs.

1. Project Finance - arranging debt financing for large projects, which are
setup as separate companies (SPVs) to protect the parent company from
risks inherent to the project.
2. Treasury - deploying the company's money in different asset classes, to
ensure good ROI.
3. Mergers & Acquisitions - identify target companies for buying (or selling
to), doing due diligence, valuation of both entities, preparing term sheets,
negotiating various aspects of the deal.
4. Accounts - complying with all statutory requirements of accounting,
including preparation of Balance Sheet, P&L Statement and Cash Flow
Statement, working with the CA and CS of the company.
5. Finance - arranging for debt and equity for the company, as required.
Managing the cash flow every month

The only pure-play “quantitative finance” role which hires at the IIMs (that too, only A/B/C)
is Goldman Sachs’ Quantitative Strategy profile (popularly referred to as GS Strats on
campus).
Apart from that, boutique quantitative firms (World Quant, Two Roads, et al) prefer the off-
campus route as such work evinces little/no interest among MBA graduates. However, in the
pre-GFC days, the quant desks of all the bulge brackets used to recruit regularly from the
IIMs (especially A & C).
The changing face of global macroeconomics (for the worse) and the general antipathy
towards anything quantitative among MBA graduates are the two primary factors that ought
to be blamed for this predicament.
Asset management is a very niche role and is offered only at a handful of IIMs (A/B/C). 

1. BAML, J P Morgan - 35 LPA (in India)

2. Standard Chartered, Citi - 25 LPA (in India)
3. Most other IBs in India pay within the range of 25-35 LPA.
4. Barclays (London) - USD 120k
5. Barclays (US) - USD 190k
6. Morgan Stanley, Deutsche (mostly London) - USD 150k
7. IBs in HK/Singapore pay around USD 90-100k

https://www.dnaindia.com/ahmedabad/report-jp-morgan-iim-a-initiative-to-support-fintech-
startups-2647062

CFA is altogether a theory course which has practical applications, which you don’t learn
in CFA itself. If you’re looking at it from a “Job” point of view, I’ll recommend The
Wallstreet School any day.
They teach you Real skills (Financial Modeling, Valuations etc.) that are needed to get
into an Investment Bank, along with the CFA training.

In my professional career, I’ve realized that practical skills outsmart every qualification.
You’ll realize it later when you’ll meet people who have even cleared level–3, but are
jobless.

However, if you’re Just looking for good resources from exam point of view, you can go
for – Irfanullah, Schweser