Finance: Challenges and Opportunities

What is finance ?

What is finance ?O Originally a French word which

means the management of money

orO Exchange (of available resources)

orO A barter trading system

Finance

Some myths about finance…O Finance is very

difficult………………??????

Some myths about finance…

O It is only for those having accounting background………….???

Some myths about finance…

O Only for those having the strong hold on advance mathematics……???

Some myths about finance…

OToo many theories to remember…..????

What is required for finance??

OLogical thinking…………….. 70%

OTheoretical clarity………….. 20%

OBasic Mathematics, intelligence etc………………………………….. 10%

What we offer at Jaipuria ?Sr. No. Term Course Title

1 I Accounting for Decision Making2

IIFinancial Management-I

3 Management Accounting and Control4 III Financial Management-II5

IV

Financial Derivatives & Risk Management6 Financial Markets and Services7 Investment Management8 Advanced Financial Statement Analysis and Valuation9

VInternational Finance

10 Fixed Income Securities11 Financial Planning12 VI Corporate Tax Management

Then why finance ?O How business, government and

individuals are contributing to the economic climate in an economy?

O Managing your personal finance i.e. better borrowing, purchasing and investment decisions

O Better job prospect from research and analytics point of view.

OpportunitiesO The top three verticals that graduating

Indian MBA students preferred in 2013 were consulting (76%), technology (44%), and finance (33%)

O The two sectors with the most opportunities are services and finance

O The Indian financial services industry is quickly recovering from the credit crunch

SectorsO Corporate FinanceO Commercial BankingO Investment BankingO InsuranceO Mutual FundsO Credit Rating agenciesO Knowledge Process Outsourcing (KPOs) firmsO Broking FirmsO Accounting FirmsO Financial Planning/Wealth Management O Financial JournalismO Research Firms

Corporate Finance O Involve raising funds, investing in assets

and managing assets O Maximizing corporate value and reducing

financial riskO Forecasting profits and lossesO Preparing financial statementsO Coordinating with outside auditorsO Reviews, analyzes, and interprets financial

and budgetary reports. O More sophisticated jobs might involve

mergers and acquisitions activity

Commercial BankingO Managing assets and LiabilitiesO Retail banking, corporate bankingO International finance: Forex, export creditO Product manager, credit manager,

relationship manager.

Investment BankingO Facilitating the issuance of corporate

securities and making these securities available for investors to purchase

O Mergers and acquisitions advisory services

O Trading desk

InsuranceO Help businesses and individuals anticipate

potential risks and protect themselves from losses

O Life and non-life insuranceO Unit Manager, customer service rep working

with existing clients , underwriting manager or as an actuary

Financial PlanningO Financial planners help individuals develop

plans that will ensure their present and future financial stability. O Review client's financial goals O generate an appropriate plan for saving and

investing that fits client's individual needs O Focus on wealth preservation or investment

growth and may even include estate and tax planning

AccountingO Help businesses keep track of their

finances as per generally accepted accounting principles (GAAP)O Record business transactions, O help prepare financial statements, O audit financial records, O prepare income tax returns and O provide related consulting services.

O Accountant, audit manager, tax manager

What you can do?O Readings magazines and newspapers O Come prepared with CasesO After the class problem solvingO Good command over ExcelO Reading financial statementsO Working on real projectsO Certifications like CFP, NCFM , NISM O Online courses on platforms like course era,

Edx (MOOC)

OThanks and Best Wishes for next 2 years.