Question

I need assistance in coming up with an IT project proposal & topic. My area of interest is in Information Technology within a financial institution.

Answer 1

If you want to work as an IT engineer in financial institution then u should have a proper knowledge in:-

1) what is financial institution and what it provides?

2) examples of some financial institution?

3)career path such as advisory, lending is there.

4)Educational qualification

• First, complete your undergraduate degree in finance/accounting. You need to have the basics clear at the first place.
• Second, you can either go for MBA in Finance (which is always preferred) or you can pursue a master degree in finance (M.Com. or related fields).
• Along with that, you can go for CA / CPA certification. Since CA or CPA is not for the faint hearted, it would be wise to start this certification just after graduation.
• If you’re looking for any additional qualification which will give you an extra edge, you should go for CFA. Again CFA isn’t an easy thing to do. You need to pass three levels and four years of relevant finance experience to be eligible for the certification.

for eg I am working in devops so agile and devops methodology is a first preference to go ahead with the work.And then comes the technical part.

5) Skills which u need:-

• Basics of finance: You need to know accounting, financial analysis, reporting, regulations, and taxations at a foundational level. If you don’t know even one of them, you will have a hard time in working things out in project finance. Moreover, if you have these skills, you will be given preference over other candidates.
• You should be aware of project screening and feasibility study to determine the financial feasibility of the projects and its growth opportunities.
• Should know to Prepare Project Finance Model, Monitor and ensure cash flows, fund flows, Profitability Statements, IRRs, NPV, Payback periods, DSCRs, projected profitability and other financial parameters/reports to analyze inflow/outflow of funds and profits/surplus.

apart from that quantitative & aptitude should be strong, problem solving , detailed oriented and effective communication and liasion skills is key skills needed.

Hope this helps.