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List and describe the three career opportunities in the field of finance?
Finance has three key career paths: financial markets and institutions, financial management and investments.
1. Financial management includes managing the monetary accounts of a business. Financial managers are people who manage a business firm's finances and perform a number of tasks. They forecast and analyze a firm's finances; evaluate investment opportunities, assess risk, decide when and where to find money sources and how much money to raise and decide how much money to return to the firm's investors.
2. Stockbrokers, Bankers, and others who work in financial markets and institutions focus on the flow of money through financial institutions and the markets in which financial assets are exchanged. They observe the impact of interest rates on the flow of that money.
3. People who work in the era of investments select, locate, and manage income-producing assets. For illustration, mutual fund managers and security analysts both operate in the investment field.
Forms of Liquidity: Definition: Liquidity defines to how quickly and cheaply an asset will be converted into cash. Money (in the form of cash) is the most liquid asset. Assets
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Q. What do you mean by Equity? Equity - Residual INTEREST in ASSETS of an entity which remains after deducting its LIABILITIES. Additionally, amount of a business' total assets
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