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SearchPeople with the right qualifications is not a problem because some major outsourcing destinations like India are producing thousands of qualified MBA and CFA each year, making it easier for outsourcing firms to hire for them.
These professionals may be in the area of financial analysis, which included several in-house work. For example, an analyst at the Overseas, compared with a client-side investment banking are combined and necessary to provide support for mergers and acquisitions. Or it can equity research for the brokerage house or want information on hedge funds. To work as scores of business, credit analysis, financial modelling and statistical tracking and stock prices can be easily handled by these professionals. |
In addition to the CFA and MBA, mathematicians, statisticians and economists with some experience can be used at very low cost. These fundamental qualifications are enough to enter, but are merely the raw material. The ability to adequately established between the U.S. and India is difficult to define and thus financial companies and outsourcing company that people be trained, the passion and potential. Outsourcing companies believe in the necessary training, not everyone is as educated professionals in the well, what he or she may have studied at school. Sun training young recruits, outsourcing company compulsory training, evaluation sessions and U.S. GAAP organize buildings include familiarity with the way iBank and Wall Street, and intercultural training.
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To fill senior positions with their centers of outsourcing, outsourcing companies prefer to hire people, for the three years of experience in two banks, financial services, BPOs related financial services or corporate finance. Although average wages payable to these professionals is growing at an average 15 to 20 percent per year, the benefits still outweigh the costs many times, so financial firms still bullish towards India. to pay the salaries of those workers based on their qualifications and often depends on an additional payment component is also included in the form of bonuses.
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However, the increase in pay packages are not the only thing that outsourcing companies and their employees. L ‘Quality of work is important, as an analyst in India has the same company, DCF analysis and structure analysis of capital as an investment banker analysts in the United States in terms of progress within the organization, professionals can expect the responsibilities more work, more content, better exposure and higher positions, customer-facing roles. At management level, people must take responsibility and should have the right attitude and be committed to Getting Things Done. These people prefer more outsourcing companies for finance. If the right people on board, helps companies achieve the financial goals you want.
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Source:http://webindexsearch.com/outsourcing/outsourcing-problems/why-do-companies-prefer-offshore-outsourcing-financial/
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