Wednesday, 26 March 2014

Develop Understanding of Financial capabilities – Fulfill financial dreams


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.

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