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Should I Become a Career Counselor for Extra Income?

Nayagam P

Nayagam P P  |4100 Answers  |Ask -

Career Counsellor - Answered on Feb 02, 2025

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
Nayagam has published an eBook, Professional Resume Writing Without Googling.
He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Asked by Anonymous - Feb 02, 2025Hindi
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I am working with insurance broker since 20yrs. I am looking for an additional income for long run. Is career counciling viable as a side hustle.

Ans: Career counseling can be a profitable side hustle if you have strong communication skills, industry knowledge, and a passion for guiding others. It offers growing demand, flexibility, and low investment. To get started, gain expertise by researching career trends, job markets, and education pathways. Consider certifications from Mindler, EduMilestones, Counsel India etc.. Choose a niche and leverage experience to counsel finance, risk, and insurance aspirants. Build an online presence by creating LinkedIn articles, offering free webinars, or joining career counseling platforms. Start small by offering free or low-cost sessions to gain testimonials and build credibility. All the Best for your Prosperous Future.

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R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Feb 20, 2024

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I believe I am good at financial advise and want to know how can I develop this as my alternate career option..at present I am working in a company
Ans: I believe I am good at financial advise and want to know how can I develop this as my alternate career option at present I am working in a company
Copilot
Certainly! It’s great that you’re considering an alternate career in financial advice. As a banker, your existing skills and experience can be valuable in various related fields. Let’s explore some alternative career paths:

Data Scientist:
Transition Time: 6-12 months
Starting Salary: ?6-12 lakhs per annum
Potential for Remote Work: High
Skills Needed: Proficiency in programming languages like Python, R, and SQL; experience with data visualization tools; knowledge of machine learning algorithms and statistical modeling techniques.
Data scientists extract insights from data using scientific methods and algorithms. Your analytical skills and understanding of financial data can be leveraged in this field.
Blockchain Developer:
Transition Time: 6-12 months
Starting Salary: ?7-15 lakhs per annum
Potential for Remote Work: High
Skills Needed: Proficiency in blockchain technologies, smart contracts, and decentralized applications.
Blockchain developers work on secure and transparent digital ledgers. Your banking background can be advantageous in understanding financial transactions on the blockchain.
Business Analyst:
Transition Time: 6-12 months
Starting Salary: ?5-10 lakhs per annum
Potential for Remote Work: Moderate
Skills Needed: Analytical abilities, understanding of business processes, and communication skills1.
Business analysts bridge the gap between business needs and technology solutions. Your financial expertise can help analyze and improve processes.
FinTech Product Manager:
Transition Time: 1-2 years
Starting Salary: ?8-16 lakhs per annum
Potential for Remote Work: Moderate
Skills Needed: Product management, understanding of financial technology, and market research1.
FinTech product managers drive innovation in financial services. Your banking insights can guide product development.
Quantitative Analyst:
Transition Time: 6-12 months
Starting Salary: ?6.5-14 lakhs per annum
Potential for Remote Work: Moderate
Skills Needed: Strong quantitative skills, statistical modeling, and risk assessment.
Quantitative analysts use data to inform investment decisions. Your financial background aligns well with this role.
Remember to explore your interests and choose a path that resonates with you. Consider certifications or additional training to enhance your skills. Best of luck on your career journey!

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Latest Questions
Radheshyam

Radheshyam Zanwar  |1189 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Feb 15, 2025

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My son has got 91 percentile in the recent jee exam , he has next attempt in april, but i feel its difficult for him , can i know about other good colleges in karnataka , as im based their. interested in computer science and aeronautical degree, also advise some recent good courses for his career in india.
Ans: Hello Manoj.
Do not get stressed at this stage. Even though his score is 91 percentile in 1st attempt, he can do well in 2nd attempt. But from the safer side, ask him to appear in the Karnataka State Engineering Entrance Examination also. Even if he scores less in JEE on 2nd attempt, he may good college via the state entrance examination in CSE or aeronautical engineering as per your wish. For your reference, there are 10 colleges in India where you can get admission without a JEE score. To know more details, please copy and paste the following link into your browser- https://timesofindia.indiatimes.com/education/news/10-engineering-colleges-in-india-for-pursuing-btech-without-jee-main-2025-score/articleshow/118162587.cms.
There are no such courses to be called as recent. The choice of courses depends upon the interest of your son. Hence there is no need to hurry and get into panic at this stage. Let him appear for both exams first, Ask about his interests, and then choose the course accordingly. I would be happy to suggest you after knowing his scores in JEE+State entrance + his liking.
Till then, ask him to focus only on two engineering entrance exams. Best of luck to your son for upcoming exams.

If satisfied with the reply, please like and follow me, else ask again.
Thanks
Radheshyam

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