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Author Bio: Faith Hannigan is a finance professor. She has taught at various institutions of tertiary learning for over a decade. One of the activities which she performs in her capacity is issue assignments. Faith encourages her students to seek finance assignment help. Her journals and publications are available online for reference.
Finance has been around for as long as human civilizations have roamed the earth. Initially a word originating in France, finance was adopted by the English-speaking world to mean the official management and allocation of money. From an academic perspective, finance is a study that portrays various activities which are conducted in commerce. Examples of these activities include the creation of money, provision of credit, assets, saving, investment and liabilities. Finance is taught in our institutions of learning. In this study, learners discover some frameworks of money that span the public and private sectors. In addition to that, they learn about the instruments that are used to manage money and budgets. Moreover, they are exposed to the resources in finance. This field of study leads to a variety of career options. Read on to discover them.
Careers in the field of finance
There are a number of careers in finance. They include:
- Corporate finance officer
- Commercial banking
- Hedge funds
Corporate finance officer
One of the careers that you can pursue after studying the discipline of finance is becoming a corporate finance officer. In this capacity, your responsibilities include searching for and administering the capital that is required to run a business. While conducting these activities, the corporate finance officer is expected to reduce monetary risk and promote the value of the corporation as a whole. Day to day activities in this career include predicting losses and profits, securing credit, developing financial statements and cooperating with external auditors.
In this type of banking, learners of finance can expect to be involved in providing a variety of financial services to clients. Examples of these services include opening, maintaining and closing checking accounts. In addition to that, they can administer IRAs and also facilitate loans. There are a number of jobs that allow them to perform these financial activities. These positions include being bank tellers, officers in the loans department, managers of operations and even marketers. Commercial banking is a career where employees can ascend through the ranks through promotion.
One of the activities that we can perform with capital is investment. Hedge funds are large pools of capital which are invested by experts. These professionals invest this money in a variety of assets and products of a financial nature. In the hedge fund industry, one can perform the job of a trader, financial analyst, portfolio manager, compliance manager as well as an analyst of quantitative data.
Each one of the career options above requires a firm grasp of concepts in finance. This field of study is quite broad. Therefore, it is divided into a number of branches. Learners of finance are expected to study and understand all the concepts in this field. Seeing as the coursework is quite wide, learners often require some help to finance assignment help. They can get it from their lecturers, other students or from dedicated websites, which are available 24/7. Read on to learn about the branches of finance.
Branches of finance
The field of finance is divided into 3 main branches. These are:
Personal finance deals with the day to day financial choices of a family unit or an individual. Examples of activities that personal finance covers include financial planning, mortgages, insurance, saving and retirement planning. Public finance is the branch of finance, which covers the role of government in the economy. It examines the financial aspects of government income and spending. Corporate finance tackles the allocation of capital for the purpose of running a company. It also refers to an office, which does this activity on a day to day basis.
These branches help us to understand the field of finance as a whole. Those who pursue disciplines in the field of business or entrepreneurship learn these branches and receive assessment tasks for the concepts that are involved. With some help, learners complete these assignments and prepare themselves for careers in finance.