Finance
Title: Finance
Category: /Literature/English
Details: Words: 290 | Pages: 1 (approximately 235 words/page)
Finance
Category: /Literature/English
Details: Words: 290 | Pages: 1 (approximately 235 words/page)
Finance (FIN)
Finance, is a specific branch of economics concerned with providing funds to individuals, businesses, and governments.
This major provides students with an opportunity to study :
Investment analysis
Management of banks and other financial institutions
Financial management of corporations and other businesses.
Finance allows entities or people to use credit instead of cash to purchase goods and invest in projects. For example, an individual can borrow money from a bank to buy a home
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among consumers, businesses, and governments by lending out deposits. Other institutions, such as stock exchanges, provide a market for existing securities, which include stocks and bonds. Stock exchanges encourage investment because they enable investors to sell their securities when the need arises.
Many aspects of finance are studied individually. Corporate finance centers on how businesses can best raise and spend their funds. Public Finance focuses on the financial role of federal, state, and local governments.