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Cash flow is the most critical
factor affecting the continuance of operations for any business manager who
makes decisions regarding the selection of
long
term investments which maximize the firm's value, while seeking financing
for such projects at a minimum cost. In addition, he or
she often determines credit term strategic planning. Persons who can effectively
and efficiently acquire and budget cash for corporate investing operating and
financing activities are in great demand in today's aggressive corporate
environment. Multinational Financial Management (FIN 440) is a typical course
for students desiring a career in this area of
finance.
Investment management specializes in
the interaction between investors and the financial
markets; providing investors with a return on their
investments, and companies with financial capital. A
comprehensive knowledge of the
investment process
not
only leads
to an enhancement of your personal financial
welfare, but also leads to a rewarding career. Career opportunities in
investment management, such as a
registered representative, and account
executive or an investment analyst with a national or
local brokerage firm, are often well-paid positions with
significant opportunities for advancement. Investment Analysis and Portfolio
Management (FIN 475) is a popular investment management
elective in the finance academic curriculum.
Financial institutions such as
commercial banks, savings
and loan associations, credit unions and life insurance and investment companies
provide a diverse assortment of employment opportunities for the student who
completes the finance program. Success in this area requires a detailed
knowledge of factors influencing the rise and fall of interest rates, the
regulations to which financial institutions are subject
and the various types of financial instruments. While some graduates pursue
managerial positions, others specialize in areas such as real estate, small
business lending or individual finance and investment counseling for the bank's
clientele.
Prior
to graduation many students opt to pursue a paid internship position in banking or
other financial institutions, government agencies or private sector
industrial firms. Internships serve to guide career choices in that
they provide the student with the opportunity to experience actual
employment within the profession they are contemplating, while they are
completing their degree. In addition, internships supplement the classroom
theory with "real-Life" exposure to the financial
employment marketplace and facilitate the perception of the foundational
academic concepts through practical experience.
Statistics show that the annual
earnings of those possessing professional licensure and/or certification in
their vocation, excess that of their colleagues in comparable employment
positions by $7,500 to $10,000. Professional certification is a valuable asset
to your future employer and on your resume! The Certified Financial Manager
(CFM), the Chartered Financial Analyst (CFA) and the Certified
Financial Planner (CFP) are Professional Certifications available in
the corporate, investment and personal areas of finance. For more information
about professional certifications, and local organization membership please
inquire of a faculty or staff member
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