MASTER IN BUSINESS ADMINISTRATION – FINANCE (12MBAF) at Namibia Business School
What is FINANCE?
Finance is the study of money and assets. It is intertwined but not the same with economics, the study of production, distribution, and consumption of money, assets, goods and services.
A career in finance is exciting and rewarding, and, usually, very lucrative. It attracts young people who are hugely ambitious but who also have a head for economics, accounting and the ability to quickly and intuitively grasp and process complex financial concepts and data. Finance is all about managing money.
Frequently Asked Questions
What is finance and examples?
Finance is defined as to provide money or credit for something. An example of finance is a bank loaning someone money to purchase a house.
What are the 3 types of finance?
What is the study of finance?
Finance is the specialised study of how an individual or a company manages its funds. Often combined or overlapped with accounting/business, a finance degree gives you a broad understanding of the way that money influences people and places.
Why should I study finance?
In other words, finance helps us make better decisions with our money and accounting enables us to keep track of it. You use finance in innumerable everyday financial scenarios, such as: Making a budget for your groceries. Deciding how much of your paycheck you want to save and how much you want to invest or spend.
What is better economics or finance?
Economics studies the prosperity of a society’s goods production on a macro level. Finance studies the organizational methods used on a micro level to increase revenue. Students who prefer empirical research and statistical analysis are likely better suited for economics.
What do finance people do?
Financial analysts advise companies and individuals about the best investments to create a strong portfolio and increase wealth. In any finance-focused job, you’ll likely be helping companies or individuals shape their financial futures.
Is studying finance hard?
Finance is a moderately hard major. Finance is easier than STEM subjects but more difficult than liberal arts majors. Most students find a finance degree difficult because of the moderately complex mathematics involved, the interdisciplinary approach, and the unfamiliar concepts and vocabulary included in the major.
Are finance jobs hard?
While finance requires some mathematics training and some knowledge and skills in accounting and economics, it’s not necessarily more difficult than any other field of study, particularly for people with an aptitude for math.
What is the highest paid job in finance?
- Investment banker.
- Information technology auditor.
- Compliance analyst.
- Financial advisor.
- Insurance advisor.
- Financial analyst.
- Senior accountant.
- Hedge fund manager.
How many years does it take to study finance?
Completing this study may take three to seven years depending on where you seek your degree. Finance is the discipline concerned with the management of money and includes personal, corporate, and public finance.
Is finance or accounting better?
An accounting degree allows for many more options. Finance majors have courses more focused on financial services and consultancy. Finance is a great choice for those students who want to manage current and future financials of a company or organization.
Is finance a good career for the future?
A career in finance can be hugely rewarding, but it’s a notoriously competitive field, and standing out during applications and interviews can be tricky. To give yourself the best chance of landing finance jobs, David recommends making sure you have a good mix of technical and soft skills.
What is banking and finance?
Banking and Finance explores the dynamic, fast-paced world of money, shares, credit and investments. Finance is an essential part of our economy as it provides the liquidity in terms of money or assets required for individuals and businesses to invest for the future.
Why is finance important in life?
Personal finance can help us increase our cash flow. Keeping a track of our expenditures and spending patterns enables us to increase our cash flow. Tax planning, spending prudently, and careful budgeting ensure that we do not lose our hard-earned money on frivolous expenses.
What is capital or equity?
Equity represents the total amount of money a business owner or shareholder would receive if they liquidated all their assets and paid off the company’s debt. Capital refers only to a company’s financial assets that are available to spend.