All About Finance

Recently, economists have repeatedly stressed widespread education in matters of personal finance as integral to the macro performance of the overall national economy. Finance as a study of theory and practice distinct from the field of economics arose in the 1940s and 1950s with the works of Markowitz, Tobin, Sharpe, Treynor, Black, and Scholes, to name just a few. But particular realms of finance—such as banking, lending, and investing, of course, money itself—have been around since the dawn of civilization in some form or another. In an analysis of thetop-paid business majors for US graduates, NACE reported that starting salaries for accounting majors in the US averaged US$57,511, while finance majors started at a slightly higher salary of US$58,464. At postgraduate level this gap widens; finance postgraduates earn an average of US$74,201 in comparison to accounting postgraduates, who earn an average starting salary of US$69,605.

Knowledge Is Power! The Story Of Debt Literacy And Credit Usage In Rural India

Partial Credit Guarantee Schemes – the design of PCGs is crucial to SMEs’ success, and support can be provided to design and capitalize such facilities. Improving credit infrastructure which can lead to greater SME access to finance. Our approach is holistic, combining advisory and lending services to clients to increase the contribution that SMEs can make to the economy including underserved segments such as women owned SMEs.

Businesses obtain financing through a variety of means, ranging from equity investments to credit arrangements. Acquiring and managing debt properly can help a company expand and become more profitable. The federal government helps prevent market failure by overseeing the allocation of resources, distribution of income, and stabilization of the economy. Adam Hayes is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology.