The Major That Our Group Chose To Represent Is Finance.Finance

1. The author (Ostrander) emphasizes that students should not stress out over choosing a major. He tells us that what one majors in is less important than the overall qualities, knowledge base, and the skills that one develops. Ostrander also points out that a major is much less important than the skills that people gain by using a quote from an executive, “I look for people who take accountability, responsibility and are good team people over anything else. I can teach the technical.”

This course applies corporate finance concepts to make management decisions. Students learn methods to evaluate financial alternatives and create financial plans. Other topics include cash flows, business valuation, working capital, capital budgets, and long-term financing.

List and describe the three career opportunities in the field of finance. Finance has three main career paths: financial management, financial markets and institutions, and investments. Financial management involves managing the finances of a business. Financial managers—people who manage a business firm's finances—perform a number of tasks. They analyze and forecast a firm's finances; assess risk, evaluate investment opportunities, decide when and where to find money sources and how much money to raise, and decide how much money to return to the firm's investors. Bankers, stockbrokers, and others who work in financial markets and institutions focus on the flow of money through financial institutions and the markets in which financial assets are exchanged. They track the impact of interest rates on the flow of that money. People who work in the field of investments locate, select, and manage income-producing assets. For instance, security analysts and mutual fund managers both operate in the investment field.

In this task, I will be evaluating how managing resources and controlling budget costs can improve the performance of a business. I will also be exploring the strengths and limitations of managing resources and budgets.

This research paper is a brief discussion of budget management analysis. Budgeting is the key to financial management, and is the key to translates an organization goals or plan into money. Budgeting is a rough estimate of how much a company will need to get their work done, and provides the basis for evaluating performance, a source of motivation, coordinating business activities, a tool for management communication and instructions to employees. Without a budget an organization would be like a driver, driving blinded without instructions or any sense of direction, that’s how important a budget is to every organization and individual likewise (Clark, 2005).

More specifically, my background in economics has also established a fundamental knowledge of many financial theories and concepts, as well as proficiency with statistics and data analysis. My curiosity and eagerness to expand my financial acumen naturally led me to be actively involved and hold leadership positions in multiple extracurricular groups such as DePauw’s highly selective Investment Banking Workshop and the Investment Group. On top of this, I have been able to apply the skill set I have acquired in the classroom to professional settings through a variety of internships within the finance industry, including commercial banking, investment banking, and also for an institutional trading and risk management company. Exposure to different sectors in finance has not only furthered my interest in pursuing finance as a career but has also allowed me to develop important proficiencies in financial modeling and

A: Finance affect the health of the economy, which impact everyone. Finance careers are growing. This also means that I will get more career opportunities when I graduate. So I decided to major in Finance.

It was Monday, August 22, 2010, my Sophomore year of high school that I first stepped foot in the classroom of Mr. Telsee’s Principles of Accounting course. I was overwhelmed with thoughts of intimidation, which blinded me from understanding my full potential. Mr. Telsee distinctively educated students on how to connect realistic situations to complex problems. After finally grasping the basic accounting concepts and cycles, I knew accounting was for me. I am a living testimony that success happens the moment you step out of your comfort zone.

“The decision to study finance opens doors to perhaps some of the widest ranges of jobs available, as every type of organization needs financial assistance and oversight, no matter what they do. There is no question that the recent financial crisis has changed the landscape of careers in finance, but finance remains among the most competitive and attractive of all career fields (International student)”. The purpose of this paper is to describe two (2) financial career options that an individual with a finance education might pursue and explain the value that such a position adds to a company. The two financial career options that a person with finance education might pursue are financial specialists and finance analysts.

Up until recently, I was like many of my peers, uncertain about what the future would hold for me. I did not know where exactly I wanted to attend school, what I wanted to study, or what I wanted to do career-wise. But, after taking high school classes like Business Information Management, Human Resources, Banking and Financial Services, and Accounting I, I found my long awaited answer, a fascination in the business and financial world. I loved attending these classes and learning new and exciting

An MSc in finance will help to enhance my knowledge of fundamental finance theories and models; understanding the complex financial problems; and also analyze and evaluate investment decisions.

Chadwick, L. (2002) Essential Finance and Accounting for Managers. Harlow, London, New York, Massachusetts, San Francisco, Toronto, Son Mills, Sydney et.al: PearsonEducation, p.280-281

As a teenager I had a professor who taught economics with practical examples by sharing profiles of preeminent business leaders. He continually reinforced the point that most of them started early in their careers and shared a dogged focus for self-improvement. Realizing my acumen for business and finance, I decided to learn as much as I could working full-time in banking, insurance, and investments at large financial institutions including JPMorgan Chase while pursuing my Bachelor’s degree in Business Administration at the University of Texas at San Antonio. These roles taught me to work systematically and played a significant role in my ability to master the concepts presented in the classroom.

Budgeting is crucial in the well-being of a company especially the financial health status of a company. In fact, no professionally managed firm would fail to budget, since the budget establishes what is authorized, how to plan for purchasing contracts and hiring, and indicates how much financing is needed to support planned activity. It is routine for a company to budget for its expenses. Expense budgets act as a guideline of how much revenue a company would require keeping the activities running. It is used to set the company’s targets for a certain period.

“It’s clearly a budget. It’s got a lot of numbers in it” (George W. Busch 2005). This definition of a budget can be supplemented using the Oxford dictionary, which states that a budget is an estimate of income and expenditures for a set period of time. Nowadays almost every business uses budgets and managers use them as a tool in order to set targets. In other words managers can, with the use of budgets, explain in a financial way what are the