What is Finance? Finance is the study of how to invest and raise money productively. Money and capital markets reviews the banking system and the markets Corporate finance deals with raising money for firms raise money and what new projects to invest in. Investments deals with the working of securities markets and the valuation of stocks and bonds

It is analytical. It is based on economics principles. It uses accounting information as an input. It is international in perspective. It evolves constantly. It provides good job opportunities.

Career in Finance What types of finance careers are possible Who are employers looking for Where will you be happy and successful How to get a finance job

Banking (Investment, Commercial, Merchant or other):  Corporate Finance  Sales and Trading  Research  Asset Managementa  Principal Investing  Lending

Corporations:  Corporate Finance  Treasury  Asset Management  Investor Relations  Strategic Planning

Other:  Financial consulting practices  Ratings agencies  Non-profits  Financial journalism  Public sector  SEC, Federal Reserve, etc  World Bank, ExIm Bank, etc

How to get a Finance Job Students will get jobs if they: ◦ Prepare; ◦ Use initiative and polite persistence; ◦ Show skills, characteristics, commitment and confidence employer is looking for; and

What Types of People Do Well in Finance? Finance needs people who are good at solving problems, who are comfortable with numbers and who like to work with people. Many finance jobs are people-oriented.

CAREERS IN BANKING Common entry-level job: Credit trainee Common mid-career job: Commercial Loan Officer Example: Banc One has hired a number of students at salaries in the low 30s.

What You Need to Make it in Banking A broad understanding of business Good people skills Marketing skills and enthusiasm A strong understanding of accounting Backgrounds in corporate finance and investment Good written communication skills

Careers in Investment Banks Common entry level job: Stock-broker, trader or security analyst Common mid-career job: VP or Managing director. Example: A number of students have landed jobs in investment banking over the years at salaries in the 40-50K range (undergraduate) and 70K to 130K range (MBA).

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