Finance is
defined as the art and science of managing money. It is a very powerful and
influential field which deals with how funds are raised and invested. Virtually
all individuals, business and organization raise money and spend or invest
money from investors and this requires better understanding of all the aspects
associated with finance field.
The study of
all the verticals synced with finance helps to formulate a consistent framework
for efficient financial decision-making by small business firms, individuals,
financial institutions and large corporations. It is concerned with the
institutions, process, markets and institutions involved in the transfer of
money between and among individuals, governments and businesses.
Let’s have a look at various areas of
finance:
Financial-services industry encircles
various sub-industries:
Corporate Finance:
It involves working
for an organization in the capacity of managing and finding the capital
necessary to run the enterprise. It focuses on maximizing corporate value and reduces
financial risk. This field functions to set up the organization’s overall
financial strategy, prepare financial statements, co-ordinate with outside
auditors.
Commercial Banking:
Incorporate
a range of financial services from savings and checking accounts to IRAs and
loans.
Investment Banking:
It deals
with facilitating the issuance of corporate securities and making these
securities available for investors to purchase and providing financial advice
to both wealthy individual investors and corporations.
Hedge Funds:
These are
largely unregulated private investment funds whose managers can sell or buy
wide array of financial products and assets.
A career in
finance offers variety of options and is multi-faceted catering to a number of
different interests and skills. Financial services incorporate multiple
sub-industries encompass niche opportunities. You need to research and locate
the financial job which has greatest compatibility with your interests and
skills.
Many of the reputed universities have
launched online courses to provide students a platform to imbibe skills and
knowledge associated with the field of finance. Following online courses have
been designed which compile all the relevant knowledge of the field of finance.
BBA finance:
Broadly
covers the theory and use of financial analysis. Here decisions have to be made
about how to manage assets, wealth or money based on the future prospects. It
will give students a solid foundation in business and accounting management. It
covers topics such as business economics, computer fundamentals, accounting
principles, business law, etc.
Executive MBA - Finance:
It will
provide you exposure to knowledge and skills required to deal with operations
of real-world projects and capital markets. Develop capabilities required to
respond to different markets effectively. It will prepare you to mark a
successful career in finance.
MBA finance:
It covers
study of topics which are used in making financing and investment decisions and
can be implemented in the field managerial finance which will help to recognize
and solve financial management problems.
No comments:
Post a Comment