India, May 31 -- Edelweiss Mutual Fund Managing Director and CEO Radhika Gupta has urged placement cells and students to rethink their approach to careers in finance, arguing that campuses continue to glorify a handful of roles while overlooking some of the sector's fastest-growing opportunities.

In an open letter addressed to placement cells and campuses, Gupta said that a large majority of applicants seeking jobs at her firm are interested in equity research and investing. "We get thousands of CVs to join us. 85% of them come for one role: equity research/investing," she wrote in a LinkedIn post, adding that many applicants may neither secure those roles nor be best suited for them.

Gupta said that campuses have traditionally celebrat...