.png&w=1920&q=75)
FPM in Finance Accounting at Great Lakes Institute of Management
Chengalpattu, Tamil Nadu
.png&w=1920&q=75)
About the Specialization
What is Finance & Accounting at Great Lakes Institute of Management Chengalpattu?
This Finance specialization program at Great Lakes Institute of Management focuses on developing advanced research capabilities in financial markets, corporate finance, and financial institutions. It addresses the growing complexity of the Indian financial sector, from traditional banking to emerging fintech. The program emphasizes rigorous theoretical foundations coupled with empirical research methods, catering to the significant demand for high-caliber finance researchers and academicians in India.
Who Should Apply?
This program is ideal for aspiring researchers, academics, and policy analysts passionate about unraveling complex financial phenomena. It suits individuals with a strong quantitative aptitude, often holding master''''s degrees in finance, economics, or related fields, seeking to contribute original research to the financial domain. Early-career professionals in finance or consulting aiming for a research-oriented career path also find this program beneficial.
Why Choose This Course?
Graduates of this program can expect to pursue esteemed careers as faculty in top business schools, lead research initiatives in financial institutions, or advise government bodies on economic policy in India. Entry-level faculty salaries typically range from INR 10-20 lakhs per annum, with significant growth potential. The program aligns with the need for specialized financial expertise, fostering career trajectories in advanced analytics, risk management, and investment research.
Student Success Practices
Foundation Stage
Master Core Research Methodologies- (Year 1)
Dedicate significant effort to understanding the foundational courses in research methods, statistics, and econometrics. Form study groups to tackle complex quantitative problems and discuss theoretical underpinnings. Leverage university libraries and online academic databases (JSTOR, Scopus) for additional readings beyond prescribed texts.
Tools & Resources
SPSS, R, Python (for data analysis), Mendeley (reference management)
Career Connection
A strong grasp of methodology is crucial for successful dissertation research and future academic publications, directly enhancing credibility as a researcher.
Engage Actively in Seminars and Discussions- (Year 1-2)
Participate vigorously in all doctoral seminars and workshops. Present your ideas, critique others'''' work constructively, and ask probing questions. This hones critical thinking and academic communication skills, essential for conference presentations and viva voce examinations.
Tools & Resources
Academic journals in finance (e.g., Journal of Finance, Journal of Financial Economics), ResearchGate
Career Connection
Develops the confidence and clarity required to present research effectively, a key skill for academic job talks and industry consultations.
Build a Strong Academic Network- (Year 1-2)
Connect with faculty, visiting scholars, and fellow FPM students. Seek mentorship from professors in your area of interest. Attend research colloquia and guest lectures to broaden your intellectual horizons and identify potential collaborators for future projects.
Tools & Resources
LinkedIn (for professional networking), University research centers
Career Connection
Networking opens doors to research collaborations, academic positions, and industry advisory roles, accelerating your professional growth.
Intermediate Stage
Deep Dive into Specialization Literature- (Year 2)
Systematically review seminal and contemporary literature in your chosen Finance specialization. Identify research gaps and formulate potential research questions. Use systematic literature review techniques to build a robust theoretical foundation for your dissertation.
Tools & Resources
Scopus, Web of Science, Google Scholar, EndNote/Zotero
Career Connection
This forms the bedrock for a high-quality dissertation, which is critical for securing faculty positions and establishing your research niche.
Develop Advanced Quantitative/Qualitative Skills- (Year 2-3)
Enroll in advanced workshops or online courses in specialized statistical software (e.g., STATA, EViews, SAS) or qualitative data analysis tools (e.g., NVivo) relevant to your research. Apply these skills to pilot studies or research papers to gain practical experience.
Tools & Resources
Coursera/edX (for advanced analytics courses), Institutional software licenses
Career Connection
Proficiency in advanced research tools makes you a highly competitive candidate for research-intensive roles and enhances the rigor of your own studies.
Initiate Collaborative Research Projects- (Year 2-3)
Work with faculty members on their ongoing research projects or co-author conference papers. This provides invaluable experience in the research process, from data collection to publication, and helps in gaining early research visibility.
Tools & Resources
Departmental research grants, Conference submission platforms
Career Connection
Co-authored publications strengthen your academic CV, demonstrating your ability to contribute to the scholarly community and increasing your chances for future grants.
Advanced Stage
Focus on Dissertation Completion and Defense- (Year 3-5)
Work diligently on your dissertation, adhering to the timeline set with your supervisor. Regularly meet for feedback, refine your arguments, and prepare thoroughly for your comprehensive examinations and final dissertation defense. Practice mock defenses with peers and faculty.
Tools & Resources
Academic writing centers, Grammarly Business
Career Connection
Successful dissertation completion is the primary requirement for earning your FPM degree, directly enabling your entry into academic or high-level research careers.
Publish in Reputable Journals- (Year 4-5)
Aim to publish sections of your dissertation or other research papers in peer-reviewed, high-impact national and international journals. Attend academic conferences to present your work and receive feedback from a wider scholarly audience.
Tools & Resources
SSRN (for pre-print sharing), Journal submission platforms
Career Connection
Publications are the most significant credential for securing faculty positions at top institutions and advancing your academic career.
Prepare for the Academic Job Market- (Year 4-5)
Develop a strong teaching philosophy statement and prepare a robust teaching dossier. Practice job talks and interview skills. Network with faculty from other institutions and attend academic job fairs to explore opportunities.
Tools & Resources
Career services for FPM students, Mock interview panels
Career Connection
Proactive job market preparation ensures a smooth transition into an academic career, aligning your research and teaching interests with institutional needs.
Program Structure and Curriculum
Eligibility:
- Master''''s degree (or equivalent professional qualification) in any discipline with at least 60% marks or equivalent CGPA OR a 4-year / 8-semester Bachelor’s degree with at least 75% marks or equivalent CGPA. A valid score in GMAT/GRE/CAT/XAT/JRF (UGC/CSIR) is required. Minimum two years of work experience is desirable, but not mandatory.
Duration: 4-5 years (typically 2 years of coursework followed by dissertation)
Credits: Credits not specified
Assessment: Assessment pattern not specified
