Advice regarding a third year University Personal Finance course assignment?
Basically I have to create a 5 - 6 financial plan on how to use $50 000 of money I inherited as a beneficiary. Any ideas on how to start and what this financial plan may consist of?
Personal Finance - 1 Answers
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1
better go to some websites like fastcustomessays.com and request a gud writer like E22 for this sort of assignmnts as we do!
Friday, June 1, 2012
Monday, May 28, 2012
hey m looking for a pg finance course in india(preferably)..cn any1 help me
hey m looking for a pg finance course in india(preferably)..cn any1 help me?
hy thnx for the 2 replies i got..but i wud like to know if either of u hs more knowledge bout the same.ill b really thnkful if u cud help me..please if u dunt mind can u please leave ur e-mail address hy thnx for the 2 replies i got..but i wud like to know if either of u hs more knowledge bout the same.ill b really thnkful if u cud help me..please if u dunt mind can u please leave ur e-mail address ..n for the rest of the ppl who can help me plz leave ur e-mail address alng..il b really glad
Higher Education (University +) - 2 Answers
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1
ifmr chennai and dse delhi are brilliant
2
If you want a PG Course in Finance you have two best options. 1. ICFAI Hyderabad university.(www.icfaiuniversity.org) 2.IMT Ghaziabad.(www.imtcdl.ac.in) Both the institutes provides one year as well as two years courses in finance and the quality wise i believe they are the best. They have there study centres across country and are accesible eaisly BEST OF LUCK!
hy thnx for the 2 replies i got..but i wud like to know if either of u hs more knowledge bout the same.ill b really thnkful if u cud help me..please if u dunt mind can u please leave ur e-mail address hy thnx for the 2 replies i got..but i wud like to know if either of u hs more knowledge bout the same.ill b really thnkful if u cud help me..please if u dunt mind can u please leave ur e-mail address ..n for the rest of the ppl who can help me plz leave ur e-mail address alng..il b really glad
Higher Education (University +) - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
ifmr chennai and dse delhi are brilliant
2
If you want a PG Course in Finance you have two best options. 1. ICFAI Hyderabad university.(www.icfaiuniversity.org) 2.IMT Ghaziabad.(www.imtcdl.ac.in) Both the institutes provides one year as well as two years courses in finance and the quality wise i believe they are the best. They have there study centres across country and are accesible eaisly BEST OF LUCK!
Monday, May 21, 2012
Can a finance expert help with me an MBA-level finance course question!?!?! Please
Can a finance expert help with me an MBA-level finance course question!?!?! Please?!?!?
Please, someone help me with this. I am completely stuck and the prof won't help. Also, I need to know how to do this type of problem by formula only...the prof won't allow excel spreadsheet submissions. The problem has to do with a retirement plan: Jack wants to retire at age 60 with a first year retirement income of $150,000. He wants his annual income in retirement to increase by 2% annually. At the day of his retirement (age 60), he has $285,000 saved. Does he have enough money to last him to his death at age 70. All retirement income is paid out annually at the beginning of the year (beginning at age 60). Use a 4% interest rate. I know that the obvious answer is that he won't have enough income but what equation would I use to signify that he doesn't? I've messed around with the PV of growing annuity but still no success. Please help. It is much appreciated.
Higher Education (University +) - 2 Answers
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1
It's a progression equation, but I can't help you any more than that. I do remember seeing it on PBS in regard to the check-sum calculation demonstration on the TV program. Check-sum is that number you see on all retail items. A really long number with the bar code above it. So the very last digit is the last digit of what all the numbers added would make, a way to make sure the bar code is correct.
2
This sounds more like a joke. How old is Jack now? How much of his income will he save each year to add to his fund? If he is already 60 then obviously his money will last less than 2 years. $285,000 is the present value of an annuity. The annual rent of a 10-year ordinary annuity at 4% is $35,138, so he is short about $114,862 per year. To meet his goal at 4% he would have to have a present fund of $1,216,634. That's the present value of an ordinary annuity with annual rents of $150,000. The problem does not provide enough information. Aside from his current age, you need to know if compounding is annual, quarterly, or monthly, and doe he want the rent at the beginning or the end of the period. If he wants it at the beginning then you have to use an annuity due, not an ordinary annuity. The above is a steady income. If his income is to increase, the problem is more complex and can be solved by finding the present value of each individual annual rent: PV of $150,000 for one period, then PV of $153,000 for two periods, then PV of $156.06 for three periods, and so on for ten periods. You add up the 10 individual present values to find out how much he has to have at the beginning. Whoever wrote the problem knows less about it than you do. Maybe they intended his fund to be $1,285,000. Then the problem would make sense. So don't feel bad.
Please, someone help me with this. I am completely stuck and the prof won't help. Also, I need to know how to do this type of problem by formula only...the prof won't allow excel spreadsheet submissions. The problem has to do with a retirement plan: Jack wants to retire at age 60 with a first year retirement income of $150,000. He wants his annual income in retirement to increase by 2% annually. At the day of his retirement (age 60), he has $285,000 saved. Does he have enough money to last him to his death at age 70. All retirement income is paid out annually at the beginning of the year (beginning at age 60). Use a 4% interest rate. I know that the obvious answer is that he won't have enough income but what equation would I use to signify that he doesn't? I've messed around with the PV of growing annuity but still no success. Please help. It is much appreciated.
Higher Education (University +) - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
It's a progression equation, but I can't help you any more than that. I do remember seeing it on PBS in regard to the check-sum calculation demonstration on the TV program. Check-sum is that number you see on all retail items. A really long number with the bar code above it. So the very last digit is the last digit of what all the numbers added would make, a way to make sure the bar code is correct.
2
This sounds more like a joke. How old is Jack now? How much of his income will he save each year to add to his fund? If he is already 60 then obviously his money will last less than 2 years. $285,000 is the present value of an annuity. The annual rent of a 10-year ordinary annuity at 4% is $35,138, so he is short about $114,862 per year. To meet his goal at 4% he would have to have a present fund of $1,216,634. That's the present value of an ordinary annuity with annual rents of $150,000. The problem does not provide enough information. Aside from his current age, you need to know if compounding is annual, quarterly, or monthly, and doe he want the rent at the beginning or the end of the period. If he wants it at the beginning then you have to use an annuity due, not an ordinary annuity. The above is a steady income. If his income is to increase, the problem is more complex and can be solved by finding the present value of each individual annual rent: PV of $150,000 for one period, then PV of $153,000 for two periods, then PV of $156.06 for three periods, and so on for ten periods. You add up the 10 individual present values to find out how much he has to have at the beginning. Whoever wrote the problem knows less about it than you do. Maybe they intended his fund to be $1,285,000. Then the problem would make sense. So don't feel bad.
Monday, May 14, 2012
Know of a financial course/seminar that teaches personal finance--bills, savings etc. In Houston if local
Know of a financial course/seminar that teaches personal finance--bills, savings etc. In Houston if local?
My husband and I struggle to get all the bills paid each month and have no savings to fall back on. We desperately need to learn how to approach our finances in a different way, or we'll be headed for bankruptcy. An online course or something we can attend in person in Houston would be great! Please help..
Personal Finance - 3 Answers
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1
I can't help you with a course or seminar, but you and your husband should read "Personal Finance for Dummies". It's in every book store, I assure you. It is a great read for those trying to establish good financial habits. Good luck.
2
The above mentioned book is a good idea. A lot of personal finance books say the same things, but P.F.F.D. is a good, comprehensive book. If you are in Los Angeles, there is Total Money School. http://www.totalmoneyschool.com/
3
Here's something I've been doing for over a year and it really helps;; '50/30/20"...it's from a book called "All Your Worth": each paycheck, 50% goes for necessities; 30% to spend as you please,and 20% to save and invest...of course, you can 'tweak' these numbers if you like...I spend 20% and save the 30% but you can juggle it all you like; it's at least a start!! if you don't want to spend 30% on goodies, cut it back to 10%, or whatever works for you at the time...(ie, if you have lots of pressing bills to pay) then, when your bills, etc. are caught up or not as pressing, add more to the 'fun' spending percentage!!!!! it works! & you'll save the cost of going to a consultant, etc..!! try it and good luck..email me if you have any further questions, etc.
My husband and I struggle to get all the bills paid each month and have no savings to fall back on. We desperately need to learn how to approach our finances in a different way, or we'll be headed for bankruptcy. An online course or something we can attend in person in Houston would be great! Please help..
Personal Finance - 3 Answers
Random Answers, Critics, Comments, Opinions :
1
I can't help you with a course or seminar, but you and your husband should read "Personal Finance for Dummies". It's in every book store, I assure you. It is a great read for those trying to establish good financial habits. Good luck.
2
The above mentioned book is a good idea. A lot of personal finance books say the same things, but P.F.F.D. is a good, comprehensive book. If you are in Los Angeles, there is Total Money School. http://www.totalmoneyschool.com/
3
Here's something I've been doing for over a year and it really helps;; '50/30/20"...it's from a book called "All Your Worth": each paycheck, 50% goes for necessities; 30% to spend as you please,and 20% to save and invest...of course, you can 'tweak' these numbers if you like...I spend 20% and save the 30% but you can juggle it all you like; it's at least a start!! if you don't want to spend 30% on goodies, cut it back to 10%, or whatever works for you at the time...(ie, if you have lots of pressing bills to pay) then, when your bills, etc. are caught up or not as pressing, add more to the 'fun' spending percentage!!!!! it works! & you'll save the cost of going to a consultant, etc..!! try it and good luck..email me if you have any further questions, etc.
Monday, May 7, 2012
Where can I find case studies on basic real estate finance which I could use for a short course
Where can I find case studies on basic real estate finance which I could use for a short course?
Renting & Real Estate - 1 Answers
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1
I would go to the bookstore and buy a book on real estate finance.
Renting & Real Estate - 1 Answers
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1
I would go to the bookstore and buy a book on real estate finance.
Tuesday, May 1, 2012
My finance course is seriously going to kill me... help
My finance course is seriously going to kill me... help!?
A share of common stock has just paid a dividend of $2.00. If the expected long-run growth rate for this stock is 7%, and if investors require a(n) 11% rate of return, what is the price of the stock? You plan to buy a share of XYZ stock today and to hold it for 2 years. Your do not expect to receive a dividend at the end of Year 1, but you will receive a dividend of $9.25 at the end of Year 2. In addition, you expect to sell the stock for $150 at the end of Year 2. If your expected rate of return is 16%, how much should you be willing to pay for this stock today? Thanks so much...
Other - Business & Finance - 1 Answers
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1
use the Gordon Growth Model stock value (p) = D / k-G Where: D = Expected dividend per share one year from now k = Required rate of return for equity investor G = Growth rate in dividends (in perpetuity)
A share of common stock has just paid a dividend of $2.00. If the expected long-run growth rate for this stock is 7%, and if investors require a(n) 11% rate of return, what is the price of the stock? You plan to buy a share of XYZ stock today and to hold it for 2 years. Your do not expect to receive a dividend at the end of Year 1, but you will receive a dividend of $9.25 at the end of Year 2. In addition, you expect to sell the stock for $150 at the end of Year 2. If your expected rate of return is 16%, how much should you be willing to pay for this stock today? Thanks so much...
Other - Business & Finance - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
use the Gordon Growth Model stock value (p) = D / k-G Where: D = Expected dividend per share one year from now k = Required rate of return for equity investor G = Growth rate in dividends (in perpetuity)
Saturday, April 28, 2012
Where can I take summer Finance courses
Where can I take summer Finance courses?
I am a high school senior with an interest in finance. In the past, I have traded stocks on an amateur level through my parents' account. Last summer I took an internship at a hedge fund, and learned a little about the financial markets. I am in no way an expert and would like to further my understanding of securities trading, analysis, and related endeavors. Are there any summer courses or internships I could take that would teach me these subjects? I live in New York City, but I can go anywhere in the U.S. and am willing to pay for the education. I am 18, but unless there is an age minimum please don't bother telling me I'm too young to be worrying about this. Feel free to email with questions. I appreciate your time and advice.
Higher Education (University +) - 1 Answers
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1
Most public (and some private) universities will allow you to "audit" upper division classes without being officially accepted to the school. The Stern School of Business at NYU has one of the world's most renowned finance departments, I would start there and then go to the smaller state schools and community colleges. Couple things to keep in mind: 1. You will have to pay fees on a per unit basis. I know at USC in Los Angeles, your looking at around $1000 a unit and the typical class is 4 units. If the fees are too much, start at a state school. 2. You need to go through the registration office, not the admissions office to sign up for the class. 3. Find out what class you want to take before going to registration. You can find a course catalog on every school's website.
I am a high school senior with an interest in finance. In the past, I have traded stocks on an amateur level through my parents' account. Last summer I took an internship at a hedge fund, and learned a little about the financial markets. I am in no way an expert and would like to further my understanding of securities trading, analysis, and related endeavors. Are there any summer courses or internships I could take that would teach me these subjects? I live in New York City, but I can go anywhere in the U.S. and am willing to pay for the education. I am 18, but unless there is an age minimum please don't bother telling me I'm too young to be worrying about this. Feel free to email with questions. I appreciate your time and advice.
Higher Education (University +) - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
Most public (and some private) universities will allow you to "audit" upper division classes without being officially accepted to the school. The Stern School of Business at NYU has one of the world's most renowned finance departments, I would start there and then go to the smaller state schools and community colleges. Couple things to keep in mind: 1. You will have to pay fees on a per unit basis. I know at USC in Los Angeles, your looking at around $1000 a unit and the typical class is 4 units. If the fees are too much, start at a state school. 2. You need to go through the registration office, not the admissions office to sign up for the class. 3. Find out what class you want to take before going to registration. You can find a course catalog on every school's website.
Saturday, April 21, 2012
Would teaching personal finance in High Schools help
Would teaching personal finance in High Schools help?
If we require personal financing course to be required in High School, do you think we would improve our economy in the long run? I don't mean just a "token" course. A serious course for like 2 years just like as in math, english, etc.
Personal Finance - 4 Answers
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1
I think it would.... IF the right kind of course was offered and students would listen and pay attention. Unfortunately, I think they and many in the educational system would treat it as a "bird course". Personally, I think if "The Richest Man in Babylon" by George S. Clason was introduced to high school students as required reading, we might see some improvements in our country's overall personal finance intelligence. And by default an improvement in our overall economy. For that matter, I think there should be course work that helps develop the student as a citizen of our country. A course that would improve the basic awareness of politics, personal finance, and help develop critical thinking would be worth while. And one that doesn't make it all a boring, tedious lesson in balancing checkbooks and enforcing the idea of "reading at least one newspaper a day". That concept just make it a task, a chore, to get done. That sort of teaching never promoted any interest in current affairs or in money for me. Again, this is my personal opinion.... But I believe that much of the reason we as a nation have some of the problems we do is that the lack of basic knowledge (and not promoting an interest) in these areas is helping to create a sense of hopelessness and helplessness in segments of our society. A feeling that "I, as an individual, don't matter and can't make a difference" in our personal life and in the world. Good question.
2
I took a financial course at college that changed my life. I learned about investing and interest. Without it I would have turned out like my parents. ONE four month course!!! How's that?
3
Forget the economy, our individual finances would profit from such a course. Mortgages and investing in mutual funds or stocks and bonds can be difficult, if not impossible to fathom, for even the most adventurous of us. Even filling out income tax forms can leave many of us scratching our heads and fearing financial ruin. School boards should be pressed to explore ways to educate our young people (is it too late for some of us?) in this field.
4
well they do to a point it is called economics pleas a real life sumilation in a class form would help and be needed
If we require personal financing course to be required in High School, do you think we would improve our economy in the long run? I don't mean just a "token" course. A serious course for like 2 years just like as in math, english, etc.
Personal Finance - 4 Answers
Random Answers, Critics, Comments, Opinions :
1
I think it would.... IF the right kind of course was offered and students would listen and pay attention. Unfortunately, I think they and many in the educational system would treat it as a "bird course". Personally, I think if "The Richest Man in Babylon" by George S. Clason was introduced to high school students as required reading, we might see some improvements in our country's overall personal finance intelligence. And by default an improvement in our overall economy. For that matter, I think there should be course work that helps develop the student as a citizen of our country. A course that would improve the basic awareness of politics, personal finance, and help develop critical thinking would be worth while. And one that doesn't make it all a boring, tedious lesson in balancing checkbooks and enforcing the idea of "reading at least one newspaper a day". That concept just make it a task, a chore, to get done. That sort of teaching never promoted any interest in current affairs or in money for me. Again, this is my personal opinion.... But I believe that much of the reason we as a nation have some of the problems we do is that the lack of basic knowledge (and not promoting an interest) in these areas is helping to create a sense of hopelessness and helplessness in segments of our society. A feeling that "I, as an individual, don't matter and can't make a difference" in our personal life and in the world. Good question.
2
I took a financial course at college that changed my life. I learned about investing and interest. Without it I would have turned out like my parents. ONE four month course!!! How's that?
3
Forget the economy, our individual finances would profit from such a course. Mortgages and investing in mutual funds or stocks and bonds can be difficult, if not impossible to fathom, for even the most adventurous of us. Even filling out income tax forms can leave many of us scratching our heads and fearing financial ruin. School boards should be pressed to explore ways to educate our young people (is it too late for some of us?) in this field.
4
well they do to a point it is called economics pleas a real life sumilation in a class form would help and be needed
Saturday, April 14, 2012
10th grader. Elective: Personal Finance; undergraduate course
10th grader. Elective: Personal Finance; undergraduate course?
In highschool, are electives counted as undergraduate courses? Because, I read that a bachelors degree is a educational degree awarded for an undergraduate course? Explain this. Thanks! or is that only for college?
Primary & Secondary Education - 1 Answers
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1
Undergraduate courses are college courses, not high school.
In highschool, are electives counted as undergraduate courses? Because, I read that a bachelors degree is a educational degree awarded for an undergraduate course? Explain this. Thanks! or is that only for college?
Primary & Secondary Education - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
Undergraduate courses are college courses, not high school.
Saturday, April 7, 2012
if i want to major in finance is economics a required course
if i want to major in finance is economics a required course?
my school offers either [economics] or [business and management],, my parents and my counselor told me that i should take economics to prepare for finance as it is the fundamental to everything,, but then my economics teacher told me to take business and management.. pleaaase helpp me so i cn change my schedule or something T.T
Economics - 4 Answers
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1
If you study finance you will likely need to take some economics courses, but I think you can look up the required curiculum of the school on the internet.
2
Most finance majors are required to take, at a minimum, beginning micro and macro economics courses, if not more.
3
You will have to take intro to micro and intro to macro (that's how it works at penn state, all business majors take them). They are easy. I doubt you have to take upper econ because you're not an economics major. Upper econ involes calculus but I think economic theory is cake.
4
Economics actually is the politics behind the finances. It does help to have a good understanding of this before you take finance because the government controls all of the speculation and futures of economics. Basically, if you became a finance major, and you wanted to make some kind of work related judgement on someones finances, then you would need to watch the government and the stock market in order to understand what should be done with their money. Without that basic understanding then you would not be able to make money at your job. It is better to take economics first and get it out of the way. You will find later on that you will want to take a refresher course on it, but taking it first is essential to you understanding how the process of money works. You don't want to be in finance class and think, hey, did I miss something here. Finance class is the second step up from economics.
my school offers either [economics] or [business and management],, my parents and my counselor told me that i should take economics to prepare for finance as it is the fundamental to everything,, but then my economics teacher told me to take business and management.. pleaaase helpp me so i cn change my schedule or something T.T
Economics - 4 Answers
Random Answers, Critics, Comments, Opinions :
1
If you study finance you will likely need to take some economics courses, but I think you can look up the required curiculum of the school on the internet.
2
Most finance majors are required to take, at a minimum, beginning micro and macro economics courses, if not more.
3
You will have to take intro to micro and intro to macro (that's how it works at penn state, all business majors take them). They are easy. I doubt you have to take upper econ because you're not an economics major. Upper econ involes calculus but I think economic theory is cake.
4
Economics actually is the politics behind the finances. It does help to have a good understanding of this before you take finance because the government controls all of the speculation and futures of economics. Basically, if you became a finance major, and you wanted to make some kind of work related judgement on someones finances, then you would need to watch the government and the stock market in order to understand what should be done with their money. Without that basic understanding then you would not be able to make money at your job. It is better to take economics first and get it out of the way. You will find later on that you will want to take a refresher course on it, but taking it first is essential to you understanding how the process of money works. You don't want to be in finance class and think, hey, did I miss something here. Finance class is the second step up from economics.
Sunday, April 1, 2012
Hi, I am currently working as a Finance manager and I want to take the course of Financial Risk Manager
Hi, I am currently working as a Finance manager and I want to take the course of Financial Risk Manager.?
Can Somebody please help me out with this whether it is a good choice to go for or something else better available.
Investing - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
Yes, right choice.
Can Somebody please help me out with this whether it is a good choice to go for or something else better available.
Investing - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
Yes, right choice.
Wednesday, March 28, 2012
Do undergrads get hired for corporate finance
Do undergrads get hired for corporate finance?
I took a corporate finance course at the undergraduate level and really loved it, but I hear that only MBAs get recruited
Corporations - 3 Answers
Random Answers, Critics, Comments, Opinions :
1
Is who you know. Is not how and it sad.
2
MBA's is a qualification you do after you have been working for a good 5-10 years. So of course they hire new graduates as well. Competition is extremely fierce, and the job market is brutal in times of economic downturn. But the rewards, even for a new entrants can be huge
3
The qualification is not guarantee for any position.
I took a corporate finance course at the undergraduate level and really loved it, but I hear that only MBAs get recruited
Corporations - 3 Answers
Random Answers, Critics, Comments, Opinions :
1
Is who you know. Is not how and it sad.
2
MBA's is a qualification you do after you have been working for a good 5-10 years. So of course they hire new graduates as well. Competition is extremely fierce, and the job market is brutal in times of economic downturn. But the rewards, even for a new entrants can be huge
3
The qualification is not guarantee for any position.
Wednesday, March 21, 2012
Who has taken the college course Personal Finance and Investments? Is it easy? What is it about
Who has taken the college course Personal Finance and Investments? Is it easy? What is it about?
here is the description that's on the course bulletin. This one is offered in a community college. Course Name: BUSAD-108 Course Title: Personal Finance and Investments Course Description: This course is an integrated approach to personal finance focusing on practical financial decision making as well as the social, psychological, and physiological contexts in which those decisions are made. The student will examine the preparation for managing one's personal finances, including budgeting, borrowing, insurance, retirement investments, long-term health care and home ownership. Credit Type: Earned units for this course are applicable to an Associate Degree. Transferability : Course credit transfers to CSU. It sounds like an interesting course but it sounds difficult. Have any of you taken a class like this one?
Personal Finance - 3 Answers
Random Answers, Critics, Comments, Opinions :
1
jfs Sounds like a great course. Your life will revolve around money and fiance for the rest of your life! It will certainly be more important to you that algebra, spanish, and chemistry combined. It could just change your life, you might actually understand how money, fiance, and investment works. These life lessons I had to teach myself personally and professionally over the past 30 years! I wish I had the availability of a course to get the ball rolling. I would have made and saved a bundle! Soccerref
2
This is a great course, and really should be required. You shouldn't find it too hard. It's pretty basic, but will give you a great understanding of your finances and how best to maximize their benefits. If you figure that most of your schooling is focused on teaching you how to make a living, this course will give you the basic understanding you will need to be financially successful managing your money for the rest of your life.
3
I agree with the previous posts, this sounds like a great course to prepare you for your future. As far as the class difficulty, you may want to post this question in the education section. Regardless of the answers, paying the course fees involved would be a sound investment.
here is the description that's on the course bulletin. This one is offered in a community college. Course Name: BUSAD-108 Course Title: Personal Finance and Investments Course Description: This course is an integrated approach to personal finance focusing on practical financial decision making as well as the social, psychological, and physiological contexts in which those decisions are made. The student will examine the preparation for managing one's personal finances, including budgeting, borrowing, insurance, retirement investments, long-term health care and home ownership. Credit Type: Earned units for this course are applicable to an Associate Degree. Transferability : Course credit transfers to CSU. It sounds like an interesting course but it sounds difficult. Have any of you taken a class like this one?
Personal Finance - 3 Answers
Random Answers, Critics, Comments, Opinions :
1
jfs Sounds like a great course. Your life will revolve around money and fiance for the rest of your life! It will certainly be more important to you that algebra, spanish, and chemistry combined. It could just change your life, you might actually understand how money, fiance, and investment works. These life lessons I had to teach myself personally and professionally over the past 30 years! I wish I had the availability of a course to get the ball rolling. I would have made and saved a bundle! Soccerref
2
This is a great course, and really should be required. You shouldn't find it too hard. It's pretty basic, but will give you a great understanding of your finances and how best to maximize their benefits. If you figure that most of your schooling is focused on teaching you how to make a living, this course will give you the basic understanding you will need to be financially successful managing your money for the rest of your life.
3
I agree with the previous posts, this sounds like a great course to prepare you for your future. As far as the class difficulty, you may want to post this question in the education section. Regardless of the answers, paying the course fees involved would be a sound investment.
Wednesday, March 14, 2012
stock pricing question from intro to Finance course.. Help
stock pricing question from intro to Finance course.. Help!!!?
Mitts cosmetics co.'s stock price is 58.88$, and it recently paid a 2$ dividend. This dividend is expected to grow by 25% for the next 3 years, and then grow forever at a constant rate, g. The required rate of return on the stock is 12%. At what constant rate is the stock expected to grow after year 3?
Other - Business & Finance - 1 Answers
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1
Price of Stock = Sum of Present Values of all future dividends expected, Calculate the first three years dividends, discount hem at 12% then add the sum value for the years to infinity.Dividends = D(1)=2.5,D(2)=3.125, D(3)=3.906, afterwards D(i) =3.906*(1+g)^i Dividend Growth Rate=25%,25%,25%,g Required Rate of Return= Discount Rate Used to bring the future value to present value = 12% = 0.12 Discount Factors to bring the future dividends to present - Factor(1)= 1/ (1+0.12)^1=0.8929, F(2)=1/ (1+r)^2=0.7972, F(3)=1/ (1+r)^3=0.7118 D(i)xF(i) =Present Value of Dividends=2.23,2.49,2.78, then D(i) x (1+g)^î D3/(r-g)=3.91/(0.12-g) Price of Stock = Sum of Present Values of all future dividends expected=7.50 + D3/(r-g)=3.91/(0.12-g) For Example: If dividend growth rate contiues as 10% fourth year onwards, Price of Stock = $7.50 +$195.3=$202.80 Read: The Analysis and Use of Financial Statements by White&Sondhi&Fried , J. Wiley Publication , Chapter 19, Page 1044,
Mitts cosmetics co.'s stock price is 58.88$, and it recently paid a 2$ dividend. This dividend is expected to grow by 25% for the next 3 years, and then grow forever at a constant rate, g. The required rate of return on the stock is 12%. At what constant rate is the stock expected to grow after year 3?
Other - Business & Finance - 1 Answers
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1
Price of Stock = Sum of Present Values of all future dividends expected, Calculate the first three years dividends, discount hem at 12% then add the sum value for the years to infinity.Dividends = D(1)=2.5,D(2)=3.125, D(3)=3.906, afterwards D(i) =3.906*(1+g)^i Dividend Growth Rate=25%,25%,25%,g Required Rate of Return= Discount Rate Used to bring the future value to present value = 12% = 0.12 Discount Factors to bring the future dividends to present - Factor(1)= 1/ (1+0.12)^1=0.8929, F(2)=1/ (1+r)^2=0.7972, F(3)=1/ (1+r)^3=0.7118 D(i)xF(i) =Present Value of Dividends=2.23,2.49,2.78, then D(i) x (1+g)^î D3/(r-g)=3.91/(0.12-g) Price of Stock = Sum of Present Values of all future dividends expected=7.50 + D3/(r-g)=3.91/(0.12-g) For Example: If dividend growth rate contiues as 10% fourth year onwards, Price of Stock = $7.50 +$195.3=$202.80 Read: The Analysis and Use of Financial Statements by White&Sondhi&Fried , J. Wiley Publication , Chapter 19, Page 1044,
Wednesday, March 7, 2012
would sap course be usefull for a MBA (Finance) graduate
would sap course be usefull for a MBA (Finance) graduate?
i have done MBA (Finance). I m going to USA in next 5 months and wants to do job in a financial firm. so do tell me whether this course would be beneficial.
Financial Services - 1 Answers
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1
SAP is greatly in use to manage enterprise resources today, especially the HR module, in concert with the financial module. It wouldn't hurt you to take a SAP course, especially if you are planning on consulting, or working for a large corporation. (been involved in many SAP installs)
i have done MBA (Finance). I m going to USA in next 5 months and wants to do job in a financial firm. so do tell me whether this course would be beneficial.
Financial Services - 1 Answers
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1
SAP is greatly in use to manage enterprise resources today, especially the HR module, in concert with the financial module. It wouldn't hurt you to take a SAP course, especially if you are planning on consulting, or working for a large corporation. (been involved in many SAP installs)
Thursday, March 1, 2012
Certificate course in Finance
Certificate course in Finance..?
Is a certificate course in finance from University of Chicago worth? I already have a MS in Economics from India and want to job in finance industry. What type of jobs should I look for ( both in India and USA) after completion of the course? Please suggest..
Technology - 1 Answers
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1
its strange that you don't know which job to apply after course. Course you are opting from chicago might work. but better to consult a career counselor first.
Is a certificate course in finance from University of Chicago worth? I already have a MS in Economics from India and want to job in finance industry. What type of jobs should I look for ( both in India and USA) after completion of the course? Please suggest..
Technology - 1 Answers
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1
its strange that you don't know which job to apply after course. Course you are opting from chicago might work. but better to consult a career counselor first.
Tuesday, February 28, 2012
Should i major in Finance or Information systems
Should i major in Finance or Information systems?
I'm deciding to get my bachelors degree in either Finance or Information systems.. i'm not sure which road i should go on. Some of the classes are the same but of course finance has more finance classes and information systems has more computer classes. Either way i plan on getting an Mba after i get my bachelors.. the question is should i get my bachelors in Finance or information systems? Which major will get me a better job? Which major has a better pay? Thanks for looking.
Higher Education (University +) - 2 Answers
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1
Job/pay wise Information Systems is a better choice. Jobs for Finance are limited. Also you would need higher education for a better paying job in Finance. But in IS, you can get a good job straight-away. Assuming ofcourse that you get good grades and do your major from a good school. On the other hand, if you are a brilliant mind and can see a career in finance - you will have less competition when doing MBA. Also if you can crack a job at a hedge fund etc, the salary will be much more than what you will get in IS.
2
I majored in Finance and it was difficult to find a job. With half the jobs available in Finance you will need to prospect constantly, meet new people, and constantly try to sell Financial products to people. Information Systems is better if you just want to go to work and know what kinda work you'll be doing before you get there. I know with an MBA program in Finance most places want you to have at least 5 years of education first, for the accelerated programs. Best of luck! but, realize if you choose Finance you may wind up with a job where you have to meet new people every day and a lot of them are rude. So, if you aren't a huge people person you may want to do information systems.
I'm deciding to get my bachelors degree in either Finance or Information systems.. i'm not sure which road i should go on. Some of the classes are the same but of course finance has more finance classes and information systems has more computer classes. Either way i plan on getting an Mba after i get my bachelors.. the question is should i get my bachelors in Finance or information systems? Which major will get me a better job? Which major has a better pay? Thanks for looking.
Higher Education (University +) - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
Job/pay wise Information Systems is a better choice. Jobs for Finance are limited. Also you would need higher education for a better paying job in Finance. But in IS, you can get a good job straight-away. Assuming ofcourse that you get good grades and do your major from a good school. On the other hand, if you are a brilliant mind and can see a career in finance - you will have less competition when doing MBA. Also if you can crack a job at a hedge fund etc, the salary will be much more than what you will get in IS.
2
I majored in Finance and it was difficult to find a job. With half the jobs available in Finance you will need to prospect constantly, meet new people, and constantly try to sell Financial products to people. Information Systems is better if you just want to go to work and know what kinda work you'll be doing before you get there. I know with an MBA program in Finance most places want you to have at least 5 years of education first, for the accelerated programs. Best of luck! but, realize if you choose Finance you may wind up with a job where you have to meet new people every day and a lot of them are rude. So, if you aren't a huge people person you may want to do information systems.
Tuesday, February 21, 2012
I want to be better at managing my personal finances and investments - is there a course for this
I want to be better at managing my personal finances and investments - is there a course for this?
I have seen courses for business accounting but does anyone know of a course for personal finance? I am in London, UK.
Personal Finance - 4 Answers
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1
http://www.smartmoney.com/
2
I live in America, but I know lots of banks will offer free or cheap courses to learn how to manage money and whatnot so they can recruit people to their bank. You don't have to join the bank when the course ends, so it doesn't matter. Maybe contact your own bank or banks in your area about such courses. (:
3
You can try searching up more on the course Certified Financial Planner (CFP). There are UK providers and exam centers for this course. The course topics are: - Risk Management - Insurance Planning - Tax Planning - Estate Planning - Investment Planning - Retirement Planning Just search "CFP UK" and I am sure you can find a local provider.
4
contact me @ nice_fella79@yahoo.com....i can help you with minimum of your time & effort and totally secured....trust me you won't regret it:) in any case all the very best in your search
I have seen courses for business accounting but does anyone know of a course for personal finance? I am in London, UK.
Personal Finance - 4 Answers
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1
http://www.smartmoney.com/
2
I live in America, but I know lots of banks will offer free or cheap courses to learn how to manage money and whatnot so they can recruit people to their bank. You don't have to join the bank when the course ends, so it doesn't matter. Maybe contact your own bank or banks in your area about such courses. (:
3
You can try searching up more on the course Certified Financial Planner (CFP). There are UK providers and exam centers for this course. The course topics are: - Risk Management - Insurance Planning - Tax Planning - Estate Planning - Investment Planning - Retirement Planning Just search "CFP UK" and I am sure you can find a local provider.
4
contact me @ nice_fella79@yahoo.com....i can help you with minimum of your time & effort and totally secured....trust me you won't regret it:) in any case all the very best in your search
Tuesday, February 14, 2012
What should I take up in my degree course
What should I take up in my degree course?
Now I'm currently taking up a Pre-u course in a private university. I'm in a Science stream and I realize I'm getting worse in science subjects due to their difficulties. Should I continue my applied course (Chemical Engineering) in degree or switch to business course (Banking and Finance). Which course gives me higher job opportunity in the future and which course is slightly easier?
Higher Education (University +) - 2 Answers
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1
Well this is really up to you. Both will give you great job opportunities post graduation. Chemical engineering will give you the higher starting salary somewhere along 60-70K. However although finance starts between 45-55K, it will have as high, if not higher mid-career salary (100-120K) Of course all this depends on the quality of your school. Finance is definitely the easier route, but that doesn't mean you won't be in demand and can't make as much money. Hope this helps.
2
Well first of all i want to tell you that on professional level what ever you are studying its going to be difficult if you are not interested in learning that subject. Your personal interest matters a lot. If you really have no interest in science subjects u should quit them. Banking and finance is also good field and also needs full concentration. To get good job u must have knowledge and skills. For your reference I am forwarding you some links that will help you to decide suitable major for you.
Now I'm currently taking up a Pre-u course in a private university. I'm in a Science stream and I realize I'm getting worse in science subjects due to their difficulties. Should I continue my applied course (Chemical Engineering) in degree or switch to business course (Banking and Finance). Which course gives me higher job opportunity in the future and which course is slightly easier?
Higher Education (University +) - 2 Answers
Random Answers, Critics, Comments, Opinions :
1
Well this is really up to you. Both will give you great job opportunities post graduation. Chemical engineering will give you the higher starting salary somewhere along 60-70K. However although finance starts between 45-55K, it will have as high, if not higher mid-career salary (100-120K) Of course all this depends on the quality of your school. Finance is definitely the easier route, but that doesn't mean you won't be in demand and can't make as much money. Hope this helps.
2
Well first of all i want to tell you that on professional level what ever you are studying its going to be difficult if you are not interested in learning that subject. Your personal interest matters a lot. If you really have no interest in science subjects u should quit them. Banking and finance is also good field and also needs full concentration. To get good job u must have knowledge and skills. For your reference I am forwarding you some links that will help you to decide suitable major for you.
Tuesday, February 7, 2012
What math knowledge is necessary for graduate level finance
What math knowledge is necessary for graduate level finance?
I am starting a graduate program this week, and the professor starts by saying the test will include math which resembles upper level algebra. Having been out of college for 5 years, I have 0 recollection. Is this a problem someone else incurred, do most people entering graduate school remember or have they even necessarily taken upper level math? Any advice on getting by? I know I can do the finance problems as I have taken finance courses before, but to do the math from scratch, thos skills I don't have. Help?!
Higher Education (University +) - 1 Answers
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1
Depends on what he means by "Upper Level Algebra." My recollection is that math is on the GRE and some of it is Upper Level Algebra, so if you did well there you should be fine. If nothing else, ask lots of questions. Your fellow students will thank you for it.
I am starting a graduate program this week, and the professor starts by saying the test will include math which resembles upper level algebra. Having been out of college for 5 years, I have 0 recollection. Is this a problem someone else incurred, do most people entering graduate school remember or have they even necessarily taken upper level math? Any advice on getting by? I know I can do the finance problems as I have taken finance courses before, but to do the math from scratch, thos skills I don't have. Help?!
Higher Education (University +) - 1 Answers
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1
Depends on what he means by "Upper Level Algebra." My recollection is that math is on the GRE and some of it is Upper Level Algebra, so if you did well there you should be fine. If nothing else, ask lots of questions. Your fellow students will thank you for it.
Wednesday, February 1, 2012
Is someone with aspergers syndrome better to work in finance or information technology
Is someone with aspergers syndrome better to work in finance or information technology?
I am 17 years old, have just finished a computing and information technology course at college. I initially wanted to do a business but let my ego get the better of me and did IT. I must say I have a very strong interest in the internet and in stocks and shares. What should I do if I don't like the business and finance related course? Should I just do IT and get a career in IT, or what? What is the best career choice for someone like me with asperger syndrome?
Special Education - 6 Answers
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1
It depends on what you want to do. You can do anything that you want to do. IT sounds good. You will have to take whatever courses that are required for the degree program that you want but just pass business and finance....you can choose a job that does not directly involve this.
2
Either actually sound very suitable in terms of classic aspergers. Although i would find out how much use you would be in IT as many computers can almost self-fix and self write in terms of the need for attention to detail while accounting and that is specifically methodical and rigouros, i'd train with the inland revenu myself, you could be an exorcet missile!
3
It depends on which you feel you are comfortable/happy. I don't think having asperger's has much to do with it.
4
dude it all depends on what you want to do. do which ever you like better. you could always try one out and if you don't like it you could always go for the other thing. it doesn't matter if you have asperger's it matters what your best in :) at least you have an idea of what you want to do I am 17 and am not quite sure of what I would want to go into. Just go for what your heart tells you and do what you would enjoy the most :)
5
There are over half a million people in the UK with AS - that's around 1 in 100. People with Asperger syndrome come from all nationalities, cultures, social backgrounds and religions. However, the condition appears to be more common in males than females.
6
well the good thing about aspergers as far as i know. if you are interested in something you will learn it pretty fast but a lot of people with aspergers have problems being social so i would say that is your only problem.
I am 17 years old, have just finished a computing and information technology course at college. I initially wanted to do a business but let my ego get the better of me and did IT. I must say I have a very strong interest in the internet and in stocks and shares. What should I do if I don't like the business and finance related course? Should I just do IT and get a career in IT, or what? What is the best career choice for someone like me with asperger syndrome?
Special Education - 6 Answers
Random Answers, Critics, Comments, Opinions :
1
It depends on what you want to do. You can do anything that you want to do. IT sounds good. You will have to take whatever courses that are required for the degree program that you want but just pass business and finance....you can choose a job that does not directly involve this.
2
Either actually sound very suitable in terms of classic aspergers. Although i would find out how much use you would be in IT as many computers can almost self-fix and self write in terms of the need for attention to detail while accounting and that is specifically methodical and rigouros, i'd train with the inland revenu myself, you could be an exorcet missile!
3
It depends on which you feel you are comfortable/happy. I don't think having asperger's has much to do with it.
4
dude it all depends on what you want to do. do which ever you like better. you could always try one out and if you don't like it you could always go for the other thing. it doesn't matter if you have asperger's it matters what your best in :) at least you have an idea of what you want to do I am 17 and am not quite sure of what I would want to go into. Just go for what your heart tells you and do what you would enjoy the most :)
5
There are over half a million people in the UK with AS - that's around 1 in 100. People with Asperger syndrome come from all nationalities, cultures, social backgrounds and religions. However, the condition appears to be more common in males than females.
6
well the good thing about aspergers as far as i know. if you are interested in something you will learn it pretty fast but a lot of people with aspergers have problems being social so i would say that is your only problem.
Saturday, January 28, 2012
Bnkng & Finance,Financial Management,International Finance,Investment &Finance. Which is thebest Course in UK
Bnkng & Finance,Financial Management,International Finance,Investment &Finance. Which is thebest Course in UK?
I'm from india and wishing to study in uk or us for a PG in finance. Which country is the best and which course.
Studying Abroad - 1 Answers
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1
Financial Management will be the best since it has wider area to learn including; Banking & Finance, Investment & Finance etc. I would suggest you go for your PG in Financial Management Course in UK.
I'm from india and wishing to study in uk or us for a PG in finance. Which country is the best and which course.
Studying Abroad - 1 Answers
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1
Financial Management will be the best since it has wider area to learn including; Banking & Finance, Investment & Finance etc. I would suggest you go for your PG in Financial Management Course in UK.
Saturday, January 21, 2012
How to convince recruiters about a career change to Corporate Finance
How to convince recruiters about a career change to Corporate Finance?
I am an Industrial engineer and want to make a move to Corporate Finance, one of the questions I get most often is why do I want to make such a career change and how I see myself fit into this role ? or justify how you can do well in Corporate Finance role despite your non finance background? I am currently enrolled in a full time MBA program and planning to take finance courses but I want to know how I can really sell myself on this idea ?
Other - Careers & Employment - 1 Answers
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1
You need to find a hiring manager that will take a chance on you. Avoid head hunters or recruiters. They are looking for easy, no-brainer, matches. They are usually a step up from used car salesmen in my opinion. You may need to take a cut in pay to make this happen. I made a career change in IT from one technology to another and I was able to find a manager that took a chance on me, but I had to take a 20% cut in pay. At the time, I had no mortgage or kids and I was able to do it without it seriously impacting my lifestyle. Good luck.
I am an Industrial engineer and want to make a move to Corporate Finance, one of the questions I get most often is why do I want to make such a career change and how I see myself fit into this role ? or justify how you can do well in Corporate Finance role despite your non finance background? I am currently enrolled in a full time MBA program and planning to take finance courses but I want to know how I can really sell myself on this idea ?
Other - Careers & Employment - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
You need to find a hiring manager that will take a chance on you. Avoid head hunters or recruiters. They are looking for easy, no-brainer, matches. They are usually a step up from used car salesmen in my opinion. You may need to take a cut in pay to make this happen. I made a career change in IT from one technology to another and I was able to find a manager that took a chance on me, but I had to take a 20% cut in pay. At the time, I had no mortgage or kids and I was able to do it without it seriously impacting my lifestyle. Good luck.
Saturday, January 14, 2012
Finance short training course in india (Any body provide me some information)
Finance short training course in india (Any body provide me some information)?
plz provide a list of training courses or website related to finance and IT training. tnx
Higher Education (University +) - 2 Answers
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1
Hi, There is man short term courses on finance in various institutes as well asa in colleges. You can got hrough the following links. Hope you will get more information about your query. PRASANTA BORAH www.indiastudychannel.com http://www.indiastudychannel.com/resources http://www.indiastudychannel.com/courses
2
http://www.icfai.org may be attempted to browse.
plz provide a list of training courses or website related to finance and IT training. tnx
Higher Education (University +) - 2 Answers
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1
Hi, There is man short term courses on finance in various institutes as well asa in colleges. You can got hrough the following links. Hope you will get more information about your query. PRASANTA BORAH www.indiastudychannel.com http://www.indiastudychannel.com/resources http://www.indiastudychannel.com/courses
2
http://www.icfai.org may be attempted to browse.
Saturday, January 7, 2012
which college university offers the best accounting n finance course
which college university offers the best accounting n finance course?
1. Taylors 2. Inti 3. Nilai 4. Sunway 5. Monash ???
Higher Education (University +) - 1 Answers
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1
Topping your list would be Monash. Others are mainly presently preparatory or twinning providers, but Monash is the real meat. Not to mention that it also belongs to the Group of 8 of Aussie premier unis. as well as top 50 in the world.
1. Taylors 2. Inti 3. Nilai 4. Sunway 5. Monash ???
Higher Education (University +) - 1 Answers
Random Answers, Critics, Comments, Opinions :
1
Topping your list would be Monash. Others are mainly presently preparatory or twinning providers, but Monash is the real meat. Not to mention that it also belongs to the Group of 8 of Aussie premier unis. as well as top 50 in the world.
Sunday, January 1, 2012
Baruch College, what is the 3000 level course taking policy
Baruch College, what is the 3000 level course taking policy?
I know you can't take more than two 3000 level courses a semester but can you get permission to take more? like can I get permission from Zicklin to take 3 or 4 3000 level accounting courses in one semester? how about two 3000 level accounting courses and one 3000 level finance course? does the rule apply only when it's the same type of class or is it ALL 3000 level courses?
Higher Education (University +) - 1 Answers
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1
Information is below.
I know you can't take more than two 3000 level courses a semester but can you get permission to take more? like can I get permission from Zicklin to take 3 or 4 3000 level accounting courses in one semester? how about two 3000 level accounting courses and one 3000 level finance course? does the rule apply only when it's the same type of class or is it ALL 3000 level courses?
Higher Education (University +) - 1 Answers
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1
Information is below.
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