From ASBS MBA Finance to CITCO in Fund Accountant Core Finance Roles

Mumbai-2026 ASBS MBA Placement News Update

CITCO, one of the world's leading global providers of financial services to the alternative investment industry, has placed students from the ASBS MBA (Akademia School of Business Studies)

ASBS finance students have filled the function of Fund Accountant, supporting portfolio accounting. Such placements recognise the ASBS MBA Finance’s industry relevance for the core finance job market. Students get practical exposure and hands-on learning in financial accounting, fund administration systems, and institutional investing processes.

CITCO’s participation in campus recruitment represents the increasing acknowledgment of ASBS MBA graduates as highly in-demand finance professionals ready to pursue careers in global fund administration, asset management services, and financial reporting.

ASBS MBA students placed at CITCO

These students displayed highly dependable skills in terms of the financial accounting, analytical reasoning, and investment operations processes at our recruitment process.

About CITCO

CITCO is a global provider of financial services to the alternative investment industry, which are fund administration, governance services, custody and financial reporting. The organization, which was founded in 1948, serves hedge funds and private equity funds as well as institutional asset managers around the world’s financial markets.

It has a worldwide network of offices and provides supporting services to investment managers, such as fund accounting, portfolio reporting, compliance support and investor services.

Job Role of a Fund Accountant

CITCO has taken in ASBS MBA students who have matched the Fund Accountant Role job requirements:

CITCO Fund Accountant responsibilities include:

• Preparing financial reports for investment funds
• Calculating Net Asset Value in an Investment Portfolio
• Accounting for hedge funds and investment vehicles
• Providing support for portfolio costing or financial reporting
• Reconciling Financial Transactions and Investment Activities

These fund accountant job responsibilities provide exposure to global fund administration, portfolio accounting, and institutional investment operations at the entry level, which helps ASBS MBA students grow quickly up the ladder.

Skills ASBS MBA Students Acquire

ASBS MBA students have the following skills:

• Students must be skilled in financial accounting and reporting
• They must know Excel and financial analysis tools
• They must have analytical thinking and quantitative reasoning
• ASBS students develop meticulous attention to detail regarding financial processes
• They must have communication and professional reporting

Corporate exposure, expert mentoring, and practical learning beyond theory helped ASBS MBA students chart a career as junior fund accountants.

Career Progression in Fund Accounting

ASBS MBA covers the Junior Fund Accountant job responsibilities at the practical level. It helps in career growth from a Junior Fund Accountant to:

• The next growth is Senior Fund Accountant
• The next level is Portfolio Analyst
• With the Investment Operations Analyst, you step into a senior position
• Managerial roles as Fund Administration, Manager
• Sought-after role as Asset Management Specialist

As ASBS MBA (Finance) students, the fund accountant is the first step. With experience, you can be a manager in companies providing international asset management services or hedge fund management firms.

The Industry Outlook

The asset management sector and fund administration are expanding globally, triggered by the rising institutional investment activity and growth in alternative investment funds.

Since financial institutions across the globe need professionals with expertise in fund accounting, financial reporting, and investment operations, this sector is among the fastest emerging career domains for finance graduates.

About ASBS MBA

ASBS MBA is India’s No. 1 B-School aggregator platform offering AICTE-approved PGDM in finance and MMS degree approved by UGC at partner institutions.

• No. 1 in Core Finance placements for freshers, and equally excellent performance in Marketing & HR.
• 100%+ ROI, ₹6 to 8 lakh avg. fees, 8 LPA + average. Placements, Maximum CTC 12 LPA, with ~15 months payback time.
• Trusted by industry (250+ recruiters), with 100% expert faculty from the industry, an alumni network of over 10,000 students, academic excellence of more than 15 years, and a presence in Mumbai, Goa, Bangalore, and Pune across 12 campuses
• India’s sole CEEMAN institutional member of 200+ global B-schools.