Summary of "How to start career in finance? - Simple Hindi"
How to Start a Career in Finance? - Simple Hindi
Presenter: Parth Verma
Overview
This video presents a practical 100-day master plan designed for beginners or those unsure how to break into the finance industry. The focus is on building sector expertise through disciplined, consistent study and public reporting.
Key Framework: PRR Framework (Pick, Read, Report)
Pick
- Choose one sector to focus on (e.g., Automobile sector).
- Select the top three companies within that sector to study deeply.
Read (40 minutes daily)
- Follow daily news and updates about the chosen sector and companies.
- If no news is available, read:
- Annual reports, especially the Management Discussion & Analysis (MD&A) sections.
- Conference call transcripts and summaries.
- Broker/investment house initiative reports (e.g., Motilal Oswal thematic reports).
- Industry association reports (e.g., Automobile Association of India).
- Focus on structural changes, growth trends, capex, and sector dynamics rather than just quarterly numbers.
Report
- Write a simple summary in your own words after reading to reinforce understanding.
- Publish your reports publicly on platforms like LinkedIn, Substack, Blogspot, or your own website.
- Use hashtags #100DaysChallenge and #TVSChallenge, and tag The Valuation School and Parth Verma to get noticed and tracked.
Timeline & Execution
- Start Date: 20th February (next Thursday from video date)
- Duration: 100 consecutive days of disciplined reading and reporting
- Daily Commitment: Minimum 40 minutes of reading plus reporting
- Expected Outcome:
- Significant improvement in sector knowledge
- Enhanced analytical skills
- Increased reading speed
- Better writing skills
- Incentive: Personal gift from Parth Verma for those who complete the challenge with quality and consistency (motivational, not material).
Benefits Highlighted
- Consistency in learning and execution
- Habit formation around finance research
- Optimal utilization of screen time
- Improvement in writing skills
- Enhanced sector knowledge and understanding
- Increased reading speed and comprehension
- Building a personal brand and LinkedIn presence
- Potential to attract internship/job opportunities through visible content creation
- Developing discipline and perseverance in finance
Additional Recommendations
- Use digital note-taking tools like EverNote or Microsoft OneNote to organize learnings and evolving industry knowledge.
- Focus on understanding structural trends and industry dynamics rather than just raw financial data.
- Avoid chasing quick material rewards; prioritize knowledge and skill-building as the primary goal.
- Regularly engage with the community by tagging and sharing your work to receive feedback and mentorship.
Disclaimers
- This is a mentorship and learning framework, not direct financial advice or a guaranteed job placement program.
- Success depends on personal discipline and consistency.
- The presenter emphasizes no shortcuts and warns against self-deception about time availability.
Summary
Parth Verma shares a simple, actionable 100-day plan to kickstart a finance career by focusing on one sector and three companies. The approach involves daily 40-minute reading sessions of key financial and industry materials, followed by publicly reporting learnings. This method aims to build practical expertise, improve analytical and communication skills, and organically open career opportunities.
Presenter: Parth Verma (The Valuation School)
Category
Finance