Answer: Dr. Lakshmi Moorthy said finance careers are expanding into wealth management, investment advisory, FinTech, and financial consulting. Students should focus on wealth creation and advisory skills rather than limiting their options to traditional banking.
How can educational institutions prepare students for emerging finance careers?
Answer: Universities should redesign finance programmes to include areas such as wealth management, estate planning, tax optimisation, behavioural finance, investment psychology, and financial consulting.
How can students gain practical exposure to the finance industry?
Answer: Dr. Moorthy highlighted industry-linked internships, including extended internships of up to one year in specialised programmes. Such practical exposure helps students develop workplace skills and can improve their chances of receiving Pre-Placement Offers (PPOs).
What role do AI and technology play in modern finance education?
Answer: Students need to become technology-savvy by learning AI, FinTech, digital finance, and related technologies. Institutions can also offer electives and certifications in areas such as blockchain, cybersecurity, and cryptocurrency.
Which skills are essential for students aspiring to become investment advisors?
Answer: Financial modelling, analytical skills, AI awareness, portfolio analysis, client advisory, communication, and practical decision-making are essential for students preparing for investment advisory careers.
How can universities bridge the gap between finance education and industry requirements?
Answer: Strong industry partnerships, internships, simulations, case studies, advisory role-plays, professional certifications, and regular interaction with industry experts can provide students with practical, industry-relevant learning.
What is Dr. Lakshmi Moorthy's advice for students pursuing finance careers?
Answer: She encouraged students to continuously upgrade their skills, embrace AI and FinTech, develop financial modelling and analytical capabilities, and combine technological expertise with strong communication and client-centric advisory skills.
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