Title: FINANCE
1FINANCE
Its all about the money
2100 Today?
100 in one year?
WHY??
3Money
Has
Time
Value
4Finance as a Profession
5 Four Distinct Areas
1. Investments
2. Business Finance
3. Financial Institutions
4. Personal Financial Planning
6Investments
Generally involves selling securities to
individuals or analysis of potential and current
investments.
7Business Finance
Allocation of cash flows within a corporation or
similar entity. Involves short- and long-term
budgeting and strategic analysis.
8Financial Institutions
Banking, insurance, and similar organizations.
Includes credit analysis, loan underwriting,
design of risk hedging strategies for banks, and
sales of financial products.
9Personal Financial Planning
Work with an individual to determine current and
future financial needs. Comprehensive analysis
includes insurance needs, savings plans, and tax
strategies. Involves life-long relationship with
client.
10Skills Needed for a Career in Finance
1. Strong analytical skills
2. Good decision-making abilities
3. Insightfulness
4. Excellent work ethic
5. Ability to work with public and sell products
11Employers Who Have Hired CMSU Graduates
Ameriprise Financial Chicago Mercantile
Exchange Sprint-Nextel Federated
Financial Edward Jones State Street KC Charles
Schwab Waddell and Reed Financial Scottrade
Financial Northwest Mutual Financial Wells
Fargo Financial Chicago Board of Trade Federal
Reserve Bank of KC MO State Division of Finance
12Do you want to be
CHALLENGED?
WIMPS and LAZY PEOPLE
Need not Apply!!
13Questions??
Get involved in the Economics and Finance Club
Contact me Dr. Roger J. Best, 543-4246
best_at_cmsu1.cmsu.edu Dockery 300G
14Thank you
thank you very much