Today, we will elaborate a list with the definitions of essential financial products and more complex financial products, as well as a series of economic concepts that are necessary to know for your banking study. Very interesting if you want to start your studies in Finance! Pay attention:
Basic concepts about banking
Basic financial products
There are short term banking courses in Delhi for people to manage money nowadays. The essential thing we can imagine, for example, to save our money, we hire the services of a commercial bank, whose primary product is the current account. In that account, we can direct payroll or any payment or regular invoice, as well as transfer money between one mind and another.
It is also common that we have a card associated with that account, debit or credit. The debit card makes the payment directly from our money into the report, while with the credit card the account charge is at the end or the beginning of the month, so there is an associated interest payment.
To buy a flat, plan the studies of children and other future expenses, it is possible to hire a savings account, which allows you to accumulate money in exchange for an interest in the trade.
A similar product is the term deposit, which aims to immobilize money during a period in exchange for interest, that is, an additional amount of money.
And when we retire, we can hire pension Continue reading
The finances today move the world. Surely you’ve heard about them on numerous occasions. Having a general knowledge of economics does not ensure you know what they are or how they work. Therefore, we show you the usefulness of studying a master in finance and specializing in a practical field that is the order of the day.
What are the finances?
Finance and economics, at first glance, may seem the same. However, finance is specifically a branch of the economy itself. It is necessary to differentiate them, to exploit their benefits and apply them not only in the market but also in our day today.
Banking courses in Delhi after graduationstudies the exchange of capital among individuals, companies, or states, with uncertainty and risk that these activities entail. The role of financial professionals is dedicated to finding how to obtain capital to invest in productive assets.
In turn, this practice implies a series of risks that have to be assumed in case of seeking benefits, since these may not happen at any time. These risks must be known in depth, and that is one of the many know that the master in finance brings.
Finance in the company
It is a fact that the financial world is one of the sectors with the most movement of capital, above all economic, but also of personnel. In each company, there is a finance department that is responsible for integrating all areas of the same. It is responsible for analyzing your situation and making the possible financial decisions.
Therefore, the finance department assumes a vital role in the development and growth of a company. It is responsible for seeking funding to ensure its continuity, keep accounts and have quality management information. All these tasks are outstanding on their own. And to understand them and realize them in the future it is necessary to know how they work.
Benefits of studying a master in finance
The training offered by a master’s degree in economics goes Continue reading
With the rise and importance and need to study a program to specialize and obtain specific knowledge and skills that open the way to the business world, competitiveness makes this a perfect way to excel. Therefore it is essential to find the best Master and the job oriented banking program in India.
What factors can guide us when deciding the best courses in banking and finance? In this article, we leave you 5 Factors to choose the best banking courses.
Know the Objectives
It is very important to know where we are going. Therefore, whenever you are going to face an important decision in life, you must be very clear about the objective you want to achieve. Time is the most precious value you will invest in your entire life and managing it is not an easy task.
Facing a courses in banking and financemeans working to achieve the understanding and application of financial theory, understand and know how to use the management tools or enhance the management performance of the participants. Improve decision-making capacity in any field. Response to the needs and demands demanded by the market, in search of talented professionals like you.
Program and Modules.
If the objectives are important, the program and its modules will Continue reading
Banking is a specialty that is becoming more widespread. It is not surprising since the number of banks and banking organizations in our country is rapidly increasing.
Specialists in the field of banking are quite in demand at present. They can easily find work in various organizations. They are recruited to investment organizations, financial institutions, credit organizations, exchanges. You can also get a job in an insurance company or the planning department of the company.
Banking specialists can work in various structures of enterprises. Among the most popular are such departments: investment, lending, securities, dealing. There are also stock, legal, accounting and economic divisions. In all these departments specialists are needed. So you understand that if you associate your profession with this field of activity, then without work, you will not remain on condition of a successful graduation from a higher education institution.
The duties of specialists depending on the organization they are going to work for. For example, if it is a credit department, the responsibilities include: accepting applications for a loan, analyzing the financial state of the client, the reliability of collateral.
Also, an expert will need to examine business projects for which the borrower takes a loan, to control the use of funds, to monitor the security of the pledge. That is, such an employee ensures the protection of making a deal for a banking organization.
On what specialties to study?
For employment in a banking or financial organization, you will need to get a banking diploma in the specialty “Economics” and preferably finish the master’s degree in Finance and Credit. Specialists can choose two areas of future activity: financial and credit and Continue reading