| Accounting to Finance – A Decisive Jump | | | | Finance is more of a risk management area. Students |
| At the onset of one’s career it is a very | | | | opting to take up finance as their career need to |
| optimistic viewpoint. An individual tends to be drifted | | | | understand that finance is a much generalized area |
| towards the field of his liking. Days pass turning into | | | | wherein banking, real estate, corporate control, |
| weeks, months and years. The work which began on | | | | insurance organizations etc. come under one umbrella. |
| the threshold of life as a career builder gradually | | | | Why the Jump? |
| attains stagnancy. Pondering over the past years this | | | | Any simple question arise controversies. Different |
| field of passion seems to have come to a standstill | | | | heads think differently. If you say that why there is |
| and after years of hard work poured in, it seems as | | | | a need to hire two separate individuals if the |
| if a voice from within is calling for a change, yeah a | | | | accounting and finance is so well gelled in each other? |
| change in career. | | | | People assume that the person who deals with |
| This has happened to you and me, it is nothing new. | | | | numerical data may not possibly enjoy the work of |
| The very reason of pointing out to this aspect is to | | | | forecasting and vice-versa. |
| highlight upon the “Accounting and | | | | Transition – Not as easy! |
| Finance” Sector. There are a lot of | | | | Nothing in life comes the easy way. You cannot |
| perceptions of jumbling the accounting and finance | | | | enjoy the delicious meal decorated on a platter unless |
| areas as one, but both the sectors are inter-related | | | | you have earned it. Same is in the case where you |
| and we could say it is two sides of a coin. | | | | have to now go in for a drift in profile. If you have |
| Who is an Accountant? | | | | worked as an accountant since long and have been |
| An accountant primarily assesses the “financial | | | | able to gather an idea on how the finance works, |
| position” of the firm. He is responsible for | | | | then you could definitely go in for the change. The |
| preparing financial statements such as balance sheets, | | | | accounting degree will surely help in conducting |
| income statements and cash flow. | | | | financial analysis but, an MBA in finance will give a |
| Who is a Financial Analyst? | | | | finishing touch to your ambition. |
| After the accountant completes his role of preparing | | | | Conclusion |
| the balance sheets, then the “financial | | | | Crossing lines is always impressive and appealing. One |
| analyst” zooms into action. The scope of | | | | of the major reasons behind career decisions is to |
| work for a “Financial Analyst” is spread | | | | maintain a balance between work and personal life. |
| over a broad spectrum. He has a vision to foresee | | | | Becoming successful largely depends on your |
| the future of the company and helps the company | | | | background, education and years of experience. |
| officials to understand the company’s stand, | | | | Magic is created if you are “at the right place |
| advising them of the possible profit and losses. | | | | at the right time”. |