4321 Personal Financial Plan

In this modern society, everyone bears great pressure and earn money with great efforts. May I know whether you have such experience juts after one week the whole salary of your month has been used up. In the article, I will introduce some methodfor you to manage your money effectively, if you insist on this, you will become richer and richer.

The method of 4321 Personal Financial Plan:

  1. After you have got the new salary, at first you should use 40% for investment such as stock, foreign exchange, fund etc. You can choose open-end funds at fixed investment. Every month you can pay for the fund through bank or Fund Inc. automatically with easy procedures, conveniently and time-savingly. After you have spent the money, it has been taken out, which will achieve the effect of forced saving. Open-end fund at fixed investment is rather a good investment behavior.
  2. Every month, you should just use 30% of your whole salary for the basic living expenses such as eating, clothes, mobile fee, fitness, beauty saloon etc. Of course there should be gasoline fee if you have cars, premium fee if you have houses, in one word, this should be your necessary fee every month.
  3. What’s more you should leave 20% of your total salary, if some day, you feel happy and want to have a taste of some new food in the world, and then have a SPA, the fund of disbursement will be useful. Then you can have a nice day with your friends.
  4. The last 10% of your salary should be used for insurance, which is a long-time arrangement, and the guarantee for your later life. As an office lady, if you have no plans for insurance, viewing at the point of financial plans, it is unsuitable and dangerous. Usually it is suitable for insurance fee to take up 10% of your whole salary, and insurance company will compensate you at lest 10 times for your payment of insurance.

From the view of financial point, at first you should reserve emergency cash. Usually it is suitable for you to save the living expenses of about 6 months and use your other money for purchasing money market funds, which is usually used for Central Bank bills, short-term bonds and some other kinds of inter-bank bond market, with higher security and higher annualrate than that of demand deposits. When you are in need of money, what you should do is just to sell themoney market funds two business days before to ensure its high liquidity.

As for investment, as an office lady, you should broaden the way of investment, setting stable and steady as the basic principle of investment portfolio. When keeping the safety moderately, you should improve service efficiency of capital and profitability of assets.

The above is just some simple suggestion for financial plans. I get the information by chance when search on my laptop(http://www.dinodirect.com/laptops/ ), in my personal opinion, it is useful and helpful. As a graduate who have just gone in for work for several months, I think it is important for us to develop the idea of financial planning and try to use our money in a reasonable way.

With the intention to help others with the idea, I just wrote the above words as suggestion. If you have any other useful advice, would you please leave a comment and then we can have a further communication about the topic, helping more and more people process. Thanks for your kindness in advance. Looking forward to your comment.

Three Ways To Obtain Business Finance Money

Business finance money is a necessity for the beginning small business as well as the large, thriving corporation and practically every type in between. Every company has to address the issue of where they are going to financial resources they need to maintain their operations. A brief consideration of the question yields at least three primary answers to the dilemma that most businesses will face. It should be instructive to highlight these ways briefly so that you have a better idea of what is involved.

First, one of the most obvious ways bigger companies obtain financial assistance is through selling shares in their companies on the stock exchange. This also called equity financing. This option not only handles some of the pressing monetary needs of the company by receiving money from each shareholder when they purchase shares. Each shareholder then has an interest in the company and is paid interest the shares they bought. This interest is called dividends.

Businesses can also use debt financing. This method is simply another way of saying that you must seek business finance money by borrowing it from outside financial institutions like banks and credit unions. This form of financing is common with businesses of all types and sizes. A business will most likely some sort of loan to in the beginning since useable capital may not be readily available to the investors, entrepreneurs, or proprietors. Debt financing via loans is by far the most common of all types of financing. There is another type of debt financing that is not always considered when search for business finance money.

Debt financing can involve the issuance of bonds. While bonds are similar to stocks that are issued by companies, bonds are counted as liabilities to the companies since they are like getting loans from investors. At the same time, investors are the ones who typically choose bonds since they are less risky to invest in than stocks. Bonds provide a set interest rate that is paid to the investor while the principle is protected even if all else is lost to changes in the market. Basically, the company issues a set number of bonds and if all are purchased, they get that money up front to use for the pre-determined purpose then they will have to pay the investors back for their assistance.

Cfp – Certified Financial Planner Courses In India

CFP – Certified Financial Planner Courses in India

Particularly in the last decade, demand for  CFP Courses or Certified Financial Planner has risen, as individuals have had to assume more responsibility for their own retirement and other financial decisions. Considering the fact that people’s incomes are on the rise, they are seeking guidance to invest their money in the right avenues to reap optimum benefits.

Those who are on the lookout for a job in a firm, in India and internationally the opportunities are plentiful and growing fast. Companies such as JP Morgan, Deutsche Bank, Fidelity, Citi Bank, Franklin Templeton, HDFC Bank, Kotak, American Express, Reliance, HSBC Bank and ING are a few among the various market leaders that actively recruit CFPs.

The CFPCM Certificant has all the necessary knowledge and skills to give financial planning advice and therefore his services are sought after by banks, wealth management companies, KPO’s, Financial Planning companies Insurance companies, etc.

On successful completion of any such program the student earns Diploma in Advanced Financial Planning. In addition to this, the student gets CFPCM designation, the most prestigious and internationally accepted Financial Planning qualification, recognized and respected by the global financial community.

Benefits of the CFP certification programs are manifold to the aspiring candidates:

  1. Enhanced career and employment opportunities with Financial Services companies. Services are sought by banks, distribution houses, AMC, insurance Companies, equity broking and Financial Planning firms.
  2. Personal satisfaction of achieving the Financial Planning profession’s highest standard and achieving the global benchmark.
  3. Satisfied clients who appreciate the comprehensive approach to Financial Planning and extend long-term relationship and referrals.
  4. CFPCM is an industry promoted program and is completely a recession proof career.
  5. More revenue avenues by increasing products and services offered.
  6. You join the global league of the best Financial Planning professionals.

Top 3 In-demand Jobs in Finance and Banking Sector


Banking and finance market are the major contributor towards the growth and development of a country’s economy. The banking industry is one of the most dominant segment of the financial sector. Over the years, the banking sector has seen a robust growth. The Indian banking sector can be classified into 2 major segments:

  • Commercial banks: These banks generally include scheduled commercial banks (public sector banks, private banks, foreign banks and regional rural banks) and non-scheduled commercial banks.
  • Cooperative credit institutions: These institutions usually include different types of co-operative banks.

In the current scenario, the growth of the financial sector in India is nearly 8.5% per annum. The banking and finance sector in India has transformed completely, offering plenteous job opportunities for candidates throughout the nation. Some of the top-notch positions available in these sectors with highest pay include:

Accounts manager: Generally, areas related to the financial reporting comes under the responsibilities of an accountant manager. An accounts manager within an organization is mainly accountable for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. The associated job duties with this profession, include:

  • Supervising staff accountants
  • Managing accounting team to ensure that the properly allocated and completed in a timely manner
  • Performing various accounting activities such as general ledger preparation, year-end audit preparation, financial reporting, forecasting budget and other activities

Average Salary in India: INR 5,00,000 to 6,00,000 per annum

Financial analyst: In different organizations, financial analysts are addressed differently such as securities analysts, equity analysts, research analysts, investment analysts and so on. The key job responsibility of these professionals is to perform financial analysis for external and internal clients. The other job duties of a financial analyst are as follows:

  • Analyzing the current and past financial data
  • Preparing reports and projections based on this analysis
  • Evaluating current capital expenditures of the company
  • Identifying trends in financial performance
  • Working with other team members to review financial information and forecasts

Average Salary in India: INR 3,00,000 to 4,00,000 per annum

Business analyst: These days, ample business analyst jobs are present in India for the skilled professionals. A business analyst usually responsible for improving the competitiveness and performance of a company across a broad spectrum of criteria. Moreover, the various activities performed by business analysts assist organizations in achieving their goals. Some of the main job duties of these professionals include:

  • Defining and documenting customer business functions and processes
  • Identifying opportunities for improving business processes
  • Creating IT solutions
  • Advising senior level management on business related issues
  • Training staff and monitoring its activities

Average Salary in India: INR 5,00,000 to 6,00,000 per annum

Preparing for a career in financial and banking sector requires a great deal of expertise and set of skills. However, the rewards in this field are lucrative. The recently or soon to be graduates who are interested in this field must decide their area of interest and start preparing to get a leg-up on the competition.

What does Financial Management include?

We know what is financial management. It’s a personal decision in making wise choices about our cash. Financial management involves a lot of areas. Here, I list out 5 of the most important areas that you should know.

These are the main areas you should concentrate because it is these areas that we either mismanaged our money, or it will enable money to work for us.

The following are the key areas that you should look at:

Cash flow management

This involves assessing your current net financial net worth (what you own minus what you owe). This should generally tell you whether you are on your way to financial freedom or financial disaster.

In short, most financial experts would advise you to keep a high savings and this should be your MAIN PRIORITY in financial planning.

Investment planning

Once you have decided the amount of money you would like to save, you should consider where to put your savings with the aim of getting a higher returns than your normal savings account.

Forget the 2% p.a. interests for saving. You require something more sophisticated than that! At a minimum, you should go for fixed deposits. Otherwise, a good investment program will be nice.

Insurance planning

Insurance planning is required to in ensure that all your properties are protected and that your family members are well protected by having enough insurance coverage.

Tax planning

The topic of tax planning affects everyone who receives income, yet it is an area that is mainly forgotten or forgotten by most individuals. Therefore, this area involves strategies making the most under the local tax regulation in the area of your income, stocks, real estate, and property.

Retirement planning

You are not going to toil your whole life, are you? When old age symptoms begin to kick in or you have reached the mandatory retirement age, you will want to retire. There is no choice.

Therefore, having a retirement plan regardless of of your age is essential! You wouldn’t want to be forced to go back to work due to lack of money!

Estate planning

Having an estate plan or a will shall ensure that your wishes for the future are carried out. In addition, an estate plan or a will can supply financial protection for your family, ensure your property is preserved and keep off dispute among family members.

The above are just 5 of the many other financial decisions. It is important to take note of your above 5 becasue they are mainly responsible for your financial success or failure

Career Options for Finance Graduates

If you are fascinated by, and love, the world of finance, you may want to make it a career. Indeed, only those that truly love the world of finance have a shot of making it in this very competitive and fast paced industry. Every single day, you are dealing with a lot of money, and a lot of people’s lives, and savings, will be determined by your fiscal decisions. You can think of it like driving a bus full of cash, but the breaks have been cut and it’s rush hour – it will be your job to avoid all other cars and prevent the cash from disappearing. Whatever the case is, you have a lot on the line – depending on what sector of the finance industry you are entering. With a finance major, you can get your foot in a lot of doors. Here are some career options for finance graduates.

Investment Banker

An investment banker’s job is really fascinating, because you could be working on behalf of a lot of clients to put their money into stocks and bonds that you believe will make a solid return. Most of the time, you will be working with corporations and wealthy people to give them updates on their investments. Moreover, you will be spending a lot of time analyzing the market.

Hedge Fund Manager

If you want something a little more freewheeling, you may want to think of getting a position with a hedge fund. The great thing about hedge funds is that you have a lot of room for risk and excitement – mostly because these entities are not regulated the way investment banks are. However, you will still need a degree – from a school like NEC Online or Sarah Lawrence College – to get your license to practice within the confines of a hedge fund.

Venture Capitalist

Another career you can land with a degree in finance is that of a venture capitalist. Venture capitalists are like dream makers – in many different industries. You could become a VC in the healthcare sector, the pharmaceutical sector or the tech sector. When it comes to the latter – the tech sector – many of the world’s multibillion dollar tech companies wouldn’t be what they are without venture capitalists, and VCs get a piece of whatever they invest in. This means that you have a chance to make a lot of money.

Personal Financial Planning

As a personal financial planner, you will be tasked to make sure your client’s hard-earned money goes into the right accounts. Usually, you will be working with high yield, wealthy clients that don’t have the time to think about where their millions are going. You will be trusted enough to put the money into accounts that will reap the most returns based on interest.

Corporate Finance

On top of everything, you could enter the world of corporate finance and become an executive. This is one the best way to make it to the top and become a CEO. In the end, though, you need to be sure that you work hard, because nothing will happen overnight.

Why Should You Consider a Degree in Finance?

Choosing a major isn’t the easiest decision a college student has to make. However, you don’t want to wait too long after you’ve started attending Stanford University to make a decision. This is why it’s recommended that high schoolers begin researching different career options in advance of attending Maryville University or any other college. It’s better to have a few options than no options at all. This would only increase your risk of getting into a field you absolutely hate.

But what if you’re considering a job in finance? Is that really a good choice? It all depends on who you ask. If you’re worried about landing a job and getting a nice-sized paycheck, then this would be the ideal path to take. According to the U.S Bureau of Labor Statistics, the financial analyst position is expected to grow by 20 percent between 2012 and 2022. Other finance fields are also witnessing some type of growth between the same time frame.

If this sounds great but you doubt this field is right for you, then here are some more reasons to join in this industry.

You Have an Outgoing Personality

Finance is one of the industries that requires experts to have an outgoing and inquisitive attitude. You definitely have to be a people person and have the ability to gain their trust. Money is a touchy topic, especially when it comes to saving and growing it. People and businesses are reluctant to hand over their financial future to a stranger, so you’re going to have to prove yourself to be trustworthy.

Job Prospects Continue to Grow

There are other fields in finance worth mentioning, when it comes to job growth. For instance, financial managers is expected to grow by 14 percent and financial advising by 32 percent. This means more opportunities for you to pursue in varying fields. People will always need help with saving and maximize money, so you will always have a job waiting for you some where.

It’s Financially Rewarding

The salaries for the different industries is also quite impressive – some are earning around $60,000+, while others are bringing in nearly six figures. What makes this field great is that your hard work does pay off. You can really climb the corporate ladder and become a higher-paid employee, or end up opening up your own firm, depending on your career aspirations.

Here is a breakdown of the average salaries in the different finance positions:

  • Financial examiners earn $74,940
  • Financial managers earn $103,910
  • Personal financial advisors earn $64,750
  • Financial analysts earn $74,350

Here’s a look at some of the positions you can pursue in this industry:

  • Corporate management
  • Brokerage firms
  • Investment services
  • Credit unions and private banks
  • Insurance companies
  • Financial planning services
  • Personal financial planning for people

There aren’t many fields out there today that are high-paying and have above average growth expectations. Anyone who’s looking to secure their financial future should get a career in finance.

Profit Maximization Approach – The Financial Management Objectives

The company must take the investment and the decisions of financing on a basis of continuation. To take the wise optimum and the decision, a clear arrangement of the objectives is a need. There are two approaches broad-discussed concerning objectives financial management. One is approach of maximization of benefit and second is approach of maximization of richness.

In this article we are discussing on Profit Maximization Approach
The objectives are employed in the direction of a criterion of goal or decision for the decision implied in financial management.

Profit maximization approach

The economists believes that one long period that the maximum benefit of income is thesingle goal of any organization of businesses, because that will also lead to the optimum allocation of resources. Actions which increase the benefit of companies are undertaken and those which decrease the benefit are avoided. Thus, of the prospect for the economic theory, the maximization of benefit is simple a criterion of economic efficiency. There is also an extensive agreement which under the perfect competition, where all the prices reflect true values exactly and consume them are quite informed, benefit maximizing the behavior by companies leads to the effective allocation of resources and the maximum good social being.

The rationale behind profit maximization objectives is simple. A business firm is s profit seeking organization. Profit is a test of economic efficiency, It is assumed to lead to efficient allocation of resources, It ensure maximum social welfare
Limitation of profit maximization objectives

The concept of the benefit is vague
The definition of the benefit of limit is vague and ambiguous. Does it refer to the gross profit or profits after tax? Total benefit or benefit by share? The benefit is interpreted by various people in various manners.

Ignores time value of money
The fact that one rupee received today is of more than value than one rupee received later. This concept is to lead been unaware of to the errors in decision making.

It ignores risk
The future advantages can have various degrees of certainty. The more certain the return envisaged is, the more is its high value or reciprocally more is the return envisaged dubious. More is its lower value. This concept is also completely ignored. It also arranges the two proposals implying various degrees of risk.

A system based on the private property and the maximization of benefit could be effective, but it carries out it leads to the serious inequality of the income and the richness among various groups. Naturally, the contrary argument is that the company as a whole is clearly easier because it leads to the optimum allowance of the resources of the company.

The Important Aspects Of Business Finance

Business finance is one of the most important aspects of running and maintaining a business. Finances dictate the success or failure of a business. If a business owner does not properly maintain their business finances then they will soon see problems arise. Business finance is something that every business owner must deal with and understand.

Part of business finance is setting up proper cash flow. A business owner needs to clearly define theiraccounts receivable and accounts payable. They need to maintain a steady and balanced cash flow at all times. This means they must never let your accounts payable exceed their accounts receivable in any given month.

A business owner must also carefully manage their debt. They should never let their debt get too high or out of control. They should maintain regular payment schedules to ensure they do not fall behind on repaying any debt.

Keeping clear and concise records is extremely important to keeping business finance under control. A business owner should either hire a professional or use some type of bookkeeping computer software to maintain accounting records.

It is important for a business owner to maintain a business budget, much like they would for their household. This will help them ensure they are keeping track of all the money coming in and going out of the business. This is a good method to avoid getting too much debt.
Proper record keeping can also help out should the business owner need to get a loan. Lenders prefer to have records to refer to when making a decision on a loan, especially for a business. Businesses are seen as risky because they can easily fail. Lenders like to see proof that they business is doing well or at least a forecast that shows significant proof the business will do well. This is what good record keeping does.

Business finance is something many people do not think too much about when starting a business. This is why so many businesses fail. When a business is just starting up lenders like to see a good business plan in place, including a financial plan. This shows the business owner is really understanding all that is involved with taking a business successful.

Every business owner should have their business finances in mind at all times. Money is the biggest indicator of success in business, so it makes sense for that to be one of the top priorities of a business owner. For proper business finance a business owner should maintain records for all of the money going in and coming out of the business. They should track all debts and money owed to the business, as well. By practicing good business finance, a business owner is going to be one step closer to ensuring their business succeeds.

Key Steps to Take To Fix Your Financial Life after Divorce

There is no doubt that divorce can wreak havoc on the finances of all involved parties and it can be devastating to feel like you have to start over again. There are many different steps that you can take, however, to put yourself in a good situation financially after your divorce is over. Putting these steps into action can relieve a lot of stress and pressure for you and it can also make you feel more confident about your financial future. Although you might be looking at the initial challenges associated with divorce, there are many different things that you can do to empower yourself again and move forward successfully into a better financial life. Many divorce proceedings last a year or even longer, and it can be tempting to feel like you want to take a break from all documents and agreements after you have come to a conclusion of your divorce. While this is a normal reaction, it is also one you should resist because there are things you need to look at relatively quickly in order to ensure that you are on a right financial track.

Cancel All Joint Accounts

If you have not already done this, it is important to close any joint accounts associated with your former spouse. Joint accounts that are open could turn up as a liability or the money could be drained from the account by the other party and this could come back to be a big challenge for you in the future. The last thing you need to be concerned about is a former spouse who runs up charges on credit cards or empties a bank account that you were dependent upon.

Start New Accounts

There are certain situations where it makes more sense to initiate new credit cardapplications before you close out your all joint accounts. If your credit isn’t great and you don’t have emergency cash set aside, having access to a credit card as soon as possible may be one of your top priorities. While it is not always a good long term strategy to rely on credit cards to finance things, it can be a way to get yourself back on track in the short term and ensure that you are not associated with the credit cards formerly linked to you and your spouse together.

Verify Proper Copies of All QDRO Materials

Your Qualified Domestic Relations Order is one of the most important documents that you will have in the aftermath of a divorce. This is because it outlines when and how another party will be paid from any retirement accounts that were divided in the divorce. You need to make sure you have clear copies of all the documentation associated with this action so that if there are any challenges with the pay out from the account, you have access to the material sooner rather than later. Hiring a QDRO expert at the outset of this process can be extremely helpful for making sure you know what to expect and what is realistic in terms of division of retirement plan funds.

Change Beneficiaries on All Accounts

All accounts that you previously had your spouse listed as the beneficiary should be re-evaluated immediately after your divorce. If you do not do this, your former spouse could actually end up with benefits from your 401(k) or your IRA or other assets, if you were to suddenly pass away. The majority of forms associated with these accounts request for the primary and a contingent beneficiary. Make sure you consult with your estate planning attorney as well to make sure these documents have been updated.

Review Personal Insurance Coverage

This is a great time to reach out to your insurance broker and determine whether you still need the coverage for your homeowners, auto and umbrella liability policies. Assets that were listed on your homeowner’s policy, for example, may have changed significantly in the aftermath of a divorce. There is no reason for you to pay insurance premiums for assets that are no longer yours.

Generate an Emergency Reserve

Now that you are on your own it is essential to have a financial safety net should you need it. Six months of living expenses put aside is an ideal thing to aim for in your bank account.

Generate an Income Safety Net

One of the most common feelings experienced by both men and women in the aftermath of a divorce is that they feel vulnerable financially and that they feel as though they no longer have someone to turn to if they were to be let go from their job. One possible way to alleviate this fear is to obtain disability insurance which will provide you with a pay check after a specified waiting period if you do become ill or injured or are unable to work. One thing to remember is that disability insurance can be expensive but it can also give you a lot of peace of mind that your life will not be turned upside down if something suddenly happens to you.

Analyze Your Credit Score

Many individuals may hesitate to do this because they are concerned about the impact that divorce may have had on their credit score particularly if debts accumulated during the marriage were in high volume. You should always look at your credit score with all three bureaus before and after you get divorced. Even if you have to pay to get your score a second time it could be extremely beneficial to see things that are a mistake. If there are mistakes on your credit report, this could keep you from being able to obtain a new apartment or to get a job. It could also mean that you are paying out more money for insurance or loans too. It is always a good idea to check your credit score and be clear.

Get Assets Retitled In Your Name

After divorce there are many assets that may need to go through the retitling process. If you and your spouse previously owned a house that was put inside a trust, you’ll need to retitle this with your own individual name or in the name of new living trust.

Evaluate Tax Consequences

Work with your accountant as soon as possible after your divorce to identify any tax reductions based on your own deductions and income. You may need to change your withholding or pay less or more in estimated taxes as a result of this analysis.

Look At Your Investments

If your spouse was previously the one who handled all of the investment, you may need to now handle things on your own that are completely new for you. This is a great time to set up a meeting with your financial advisor to learn more about how your investments are performing or whether any recommended changes are needed.

Create Your Own Financial Plan

Since you are already setting up a meeting with your financial advisor, this is a good time to recalculate and recalibrate your own financial situation and think more about what you should be saving for retirement. It is likely that your previous financial projections were based on both you and your spouse. So this is time for you to understand what you may need to differently in light of the fact that you are now divorced.

Put Together Your Own Budget

You might not be able to afford a comprehensive financial plan at this point in time but at the very least you can certainly put together a budget. List your various income sources as well as your expenses. Tracking what’s coming in as well as what is coming out can be extremely helpful for you to get a real picture of your financial situation.

Use a Tracking and Budgeting System

There are many different applications and tools available online that can help you keep track of this information very easily. If you are not necessarily a numbers person, consider using one of the tools to keep track of what you have and what is going out.

Update Government Documents

If your name has been changed after getting divorced, you will need alert social security administration and potentially other government agencies about this.

Rent a New Safe Deposit Box

Many couples going through the process of a divorce may forget about something they placed in a safe deposit box some time ago. Verify whether or not you have anything inside your safe deposit box and then close the account. If there are still valuables that you need to secure, open a new one.

Obtain a Shredder

This is a great opportunity for you to start fresh by destroying credit card offers, old credit cards and other details that have your personal information listed on them. This can also help you prevent identity theft.

Delete Your Computer of Potentially Valuable Information

If your former spouse is taking a computer that the two of you shared, use a program to destroy any personal files.

Keep Copies of Financial Records

Even though it might seemed tempting to think that you are not on the line for joint debts or past taxes, you need to be prepared in the event that you receive an audit letter from the IRS. You want to ensure that you have all of your financial records in order, so keep copies, just in case.

As you can see, there are many different ways that you can set up a new financial life for yourself after a divorce. It can seem overwhelming to deal with all of these various aspects and to determine what you need to do next. By following the tips listed in these articles can be extremely helpful for giving you a starting place as well as a checklist of things that need to be accomplished. It is never easy to part ways after divorce and this can be especially true in terms of finances. Getting your own financial house in order as soon as possible after getting divorced can minimize the chances that you will be facing problems or unexpected challenges on the go. Take these steps even if you feel like it is difficult to address your financial concerns post-divorce.

The growing popularity of part time finance jobs in Essex

Many people seek part time finance jobs in Essex for various reasons. Some are looking for retirement jobs while some prefer to do it to have additional revenue of income. There are many people who do not want to commit to a single job or company. There are others who are multitasking and running their businesses and cannot afford to divert their entire attention to a full time job and thus, are only interested in working part time.

In some scenarios, a person is compelled by the financial circumstances to take up multiple jobs which is only possible if he or she is in part time position of employment. Majority of the youngsters are diverting from the conventional path of doing a regular job and working just enough hours so that they can fuel their ambition or pursue their hobbies. Various companies from the finance sector are very keen to tap this section of educated employees and are providing custom made job offers in which the job profile suits the flexibility and time preferences of the employees.

This is precisely the reasons why part time finance jobs in Essex are increasing in popularity. As more and more companies offer tailoring jobs to individuals, part time jobs rapidly gain prominence. Given this increasing popularity, even the recruitment agencies have started to focus on part time jobs. The two of the most popular part time finance jobs in Essex that provide flexibility along with padding the bank accounts are listed below.

1.    Consultant – Consultants have become increasingly important for any business to survive. This job is flexible, as consultants work as independent contractors. One also has the liberty of selecting which clients to work for. The earnings are contingent on how well one markets himself or herself. The amount of effort consultants put into marketing their services is directly proportional to the amount of money they earn. There is a growing demand for consultants with specialized skills and it is good opportunity for people seeking part timefinance jobs in Essex.

2.    Tax preparer – This is another high profile part time job that entails a certain level of expertise and experience. People with business and accounting experience are ideal candidates to get a part time job as a tax preparer. One needs to have a Preparer Tax Identification Number from the IRS in order to apply for this job.

The part time jobs are available in many sectors and at various levels. So if you are looking to get back to work after long career break or seeking extra income, part time or flexible jobs are an ideal option for you.

Financial Management Strategies: Concepts and Tactics

It was said that: “Finance is the art of passing currency from hand to hand until it finally disappears,” how laughable, you might think, however is that even true? Finance is too important to be left only to finance specialists! In any company, the most successful managers are often those who have acquired a strong appreciation and mastering of financial concepts. One of the most crucial topics of finance is to learn about financial strategy. In order so you know how significant this topic is in the field of finance, you may need to ask yourself a similar question: Do you think the organizations handing out bad loans, buying securities of bundled bad loans, and selling credit default swaps had a well-thought out financial strategy for business success? Of course not! This paper is intended to define what is exactly meant by financial management strategy, what role it holds in a successful business and finally a few tricks that enable your organization to achieve the best financial strategies ever!

Obafemi Toriola, freelance writer and business consultant, explains his views on the topic of financial management by saying: “Strategic financial management is basically about the identification of the possible strategies capable of maximizing an organization’s market value. It also encompasses the implementation and monitoring of the chosen strategy so as to achieve agreed objectives.” In simpler words, it is a set of best practices that ensures that funds are committed and raised only when they enhance shareholders values. Many processes are involved, but the key element here is Decisions Making. The key decisions falling within the scope of financial strategy include financial, investment and dividend decisions. A good finance should take the initiation and create a clear financial strategy, because no financial strategy means a strategy for failure.

Today’s economic climate calls for executives who can apply various financial analyses as they evaluate business performance, weigh potential acquisitions, and assess global competition. So, how would you create an innovative financial system for your own interest? First of all, it will have to be focused upon improvements and success. Financial control systems shouldn’t just be about compliance, they should be about continually improving key aspects of the financial operation. Second, you also might be interested to find ways to measure the financial performance in your company, ways to manage growth with less exposure to financial risks, or/and other ways to enhance shareholder value in the market. A third, in the position but not in the importance, is to set a policy that will ensure that all the key elements involved are consistent with strategy and the risk appetite of the firm and its shareholders.

Madinah Institute for Leadership & Entrepreneurship (MILE) is pleased to give a detailed course on Financial Management strategy in its second executive education program; PALM2 (Program for Advanced Leadership & Management). Mr.Rafael Vinas, a senior instructor from the Globecon Group, will be in charge of explaining this topic to the participants. This course will help you to acquire the analytical tools and financial skills to position your company for growth and profitability. This training is a part of other wild range of training modules and workshops in the field of business and management. The PALM2 program will be commencing January 15th and ends January 27th, 2011 and will be held in Madinah, Saudi Arabia. For effective financial decision making and impeccable financial management join PALM, the most comprehensive leadership development coaching and executive leadership training in the Middle East.

What are the advantages of acquiring Accountant Jobs?

This subject is also popularly known as the ‘business language’. So, who actually adopt this business language and process the financial information of a company? An accountant indeed. Yes, the job of the accountant of a company involves measuring the result of a firm’s commercial activities and conveying this information to a number of users like creditors, investors, company management and financial regulators. No company can run without its financial activities hence accountant jobs are always secure.

Accounting department of an organization is itself very broad that there are several roles available for an accountant. So, jobs in accounting department are always lucrative and full of challenges. Let’s see some of the advantages that accountant jobs offer to the right candidates.

  • Job satisfaction – From every job, the candidate requires a kind of job satisfaction and accountancy though a perplexing job, doesn’t put much pressure on the employee. This is the reason that financial professionals switch jobs very rarely.
  • Relaxed office job – Unlike sales and marketing jobs, account jobs are quite comfortable, where you need not go out of the office on daily basis to complete your work. If you are lucky to get a job in a swanky office then you can accomplish your work sitting in a comfy cubicle in front of your computer system.
  • Fixed timings – Unless there is closing of accounts or any huge financial processes are being carried on, accountants are not supposed to do overtime. It’s a 9-5 job where you can finish off your daily work and leave for home on time.
  • Penetration of technology – With advent of various computer accounting software and applications, accountant jobs have become extremely easy. Now no more financial documents and complex calculations are there. All you have to do is to use the software to create balance sheets and financial plans.
  • Plenty of job options – As we already said, no company can work without accounting hence there is no job scarcity for accountants. Whether it’s a chemical industry or any clothing firm, accountants are required by everyone.
  • Good remuneration – Financial professionals are always lucky when remuneration is concerned. Financial management or accounting is a very crucial job hence companies pay huge salaries to the right candidates.
  • Freelancing options – Even if you think that 9-5 job is not your forte, then you can anytime switch your job and start working as a freelancer. Freelancing accountant jobs are also very lucrative in terms of remuneration. You can work as an auditor, financial consultant and even CA for more than one firm.
  • No transfers – Unless you are in a government firm, you are usually not required to change your place of job. For those who desire to have non-transferrable job, can opt for accounting studies to further join companies as finance professionals.

For all types of accountant jobs, at least a graduation degree in finance or any field related to accountancy is required. A bachelor degree secures a front office job for you, but if you have any professional qualification like Chartered Accountant degree, then your chances of getting jobs in big firms are quite high. Moreover, chartered accountants can start their own financial firm as well.

For more extreme accounting qualification, you can undertake accounting research projects and can earn good amount of money as academic researcher. For all these accountant jobs, you must visit any good online portal to apply appropriately. Make sure you choose the best job application platform.

Finance Management Complaints

In the current situation where money is all important and everything that happens in life depends on money, it is excessively important for people to be aware and careful about managing their finances. One may find it a tedious job, as it is seen with Syndicate Finance complaints, but there are certain major steps that should be taken in order to make sure that the money is managed efficiently and a good ratio of savings and investments is made. There are a number of actions that should inevitably be followed if the right management of money needs tobe organized. In the pursuit of managing money in the right way, these are the 5 main steps that one should follow:

  1. Keep note of expenses: From the income that one brings home every month, one may have to keep aside a certain sum of money for fixed expenses. These expenses include loan EMIs, rent, household expenses, entertainment expenses and other miscellaneous expenses that one comes across in the span of a month.
  2. Fit in the investments: However small an income may be, it is important that the money managers leave space for investment. One can make investments in small amounts such as for postal account funds or PF or for those who have more scope can invest in mutual funds, insurance and other such avenues.
  3. Have an emergency fund: An essential part of financial planning according tosyndicate finance complaints becomes important when the planners are faced with emergencies and need large chunks of fund. Borrowing may not always be an option, which is why there should always be an emergency amount either in the bank or in case of health emergencies, one must have medical insurance.
  4. Save up for future expenses: The education or wedding of children is something that may require loads of fund, when a planning is made well in advance, the expenses do not seem too big to handle and a special fund for such occasions comes in handy.
  5. Plan for the retirement years: finally one must plan for the retirement age. Finance may become a major problem in old age when medical insurance also goes out of question. This is the reason why it is important to invest in plans that are specifically designed for the old age. Investing in such plans is best when one is young enough to contribute more, the sooner the better.

    When money is managed in an efficient manner, the money starts to work for the planner. There may be people who, in spite of earning a decent amount every month, may be struggling with their finances, for such people it is important to either have their finances figured out or approach an expert for having the problems resolved.

Business finance – Meaning and concepts covered

Anything that has got to do with money, its management, accountability of the same, transactions, running of a company, costs etc. is covered under a wide terminology known asbusiness finance. Let us look at some of the basic concepts that are involved here.

Health of a company

One of the main concepts involved in the financial market is to check the health of a company. By health, we mean the company’s capacity to sustain financially. This is done by checking the cash flow of a company. This will help you ascertain if a company has enough cash inflow to meet the expenses. In other words, it simply helps you understand, if the company is healthy or not, when it comes to its finances. By knowing this, you can arrive at an important decision of knowing if it is worthy to invest in this company or not.

Kinds of inflow

Businesses can borrow money from a lot of sources to run their operations. Some of the most important sources ofcapitalare equity, investments from venture capitalists and the like. The art of knowing the various sources of finance, how to utilise them to the maximum possible extent, what risks are one subjected to in each of these sources, what level of inflow can one expect them, how to develop further with these sources etc. are all widely covered in the concept of business finance.

Arithmetical formulae

For the benefit of owners, there are some formulaeavailable in the financial market for calculating the soundness of their venture.. For example, a company’s current ratio can be calculated with the help of formula, current assets/current liabilities. In order to check a company’s quick ratio, that is, how quickly a company is able to generate cash for its needs, the formula is quick assets/current liabilities.

Important terms

Some of the important terms used in this field are cash flow, budget, balance sheet, dividends and the like. They are not jargons and it is important for everyone involved in this field to know about these. Only if the proper meaning, inclusions, exclusions and applications of these terms are understood properly, will an owner be able to sustain himself in the competitive world today. Today, there are lots of businesses vying for competition and it is important to have a unique edge over the other if you want to position yourself in the minds of customer. This edge could be in terms of your knowledge. You can get this by hiring experts in this department.


What is financial planner?

A financial planner is a professional who helps a person deal with his/her financial issues. A financial planner helps a person in areas such as personal financial planning, investment planning, risk management and insurance as also his/her cash flow management.

About the financial planner

A personal financial Planner is entrusted with the job of evaluating the performance of companies or that of a portfolio of securities and providing valuable guidance to individuals regarding the suitability of investments. In other words, a financial Planner is responsible for asset management and financial planning. Analysis and forecasting as well as budget and grant preparation and accounting. The incumbent will prepare periodic budget vs. actual analyses, will monitor and analyze research grant spending and plans for future spending, and will prepare financial reports for funding agencies

Financial Planner Career Overview:

A Financial Planner advises individuals on setting personal financial goals and strategies. Many work independently or in small firms, though larger financial services firms either are adding Financial Planners to their staffs or are insisting that their Financial Advisors (or Financial Consultants) also become certified as Financial Planners


A Bachelor’s Degree is expected for a Financial Planner. Coursework in finance, accounting and/or economics is helpful, though not required. Strong quantitative and analytic skills are essential. An MBA may be valuable in the hiring process, depending on the firm.


Requirements to function as a Financial Planner vary by state. Even in jurisdictions where it is not mandated by law, passing the exam to become a Certified Financial Planner (CFP) is highly advisable. The CFP designation increases credibility and marketability, both to employers and to clients.

Generally SalaryRange:

As per the Princeton Review, average salaries for Financial Planners can range from $20,000 starting to $40,000 for those with 5 years’ experience, to $90,000 for those with 10-15 years’ experience

Responsibilities & Duties of a professional Financial Planner:

Under the direction of the Chief Technology Officer, this position provides planning, guidance, and oversight of the IT department’s budget development, license and asset management, legal and contractual adherence, performance monitoring and improvement, operational and financial reporting, and internal financial controls. The position serves as a high-level advisor on a broad range of financial and management matters for the department. The position directly supervises clerical staff, and provides indirect guidance to staff department-wide. This is a “hands-on” supervisory position in a diverse and fast-paced environment. What are the duties of a financial planner? Duties and responsibilities of a financial planner are as follows

A Financial Planner helps clients create personal budgets, control expenditures, set goals for saving and implement strategies for accumulating wealth. He or she may have working relationships with Financial Advisors, Investment Managers and/or Mutual Fund Companies, utilizing these specialists for the actual investment of their clients’ funds. The job requires keeping current about developments in financial products, tax laws and strategies for personal financial management, particularly with respect to retirement plans and estates. Success also requires sales ability, both in the acquisition of new clients and in the development of new ideas to improve the financial situation of existing clients.

A financial planner studies the different aspects of the financial picture of his/her client and provides a suitable financial solution. Some financial planners deal with the various facets of personal finance, while others specialize in fields like risk management or retirement planning.

The job of a financial planner can be described by means of a 6-step process given by the ISO.

• The first step is of setting financial goals with the client.

• The second step includes the gathering of relevant financial information from the client. The •Third step is of analyzing the gathered information, which is followed by the creation of a financial plan.

•The last two steps include tasks such as implementing the plan’s strategies and monitoring the implementation of the plan.

Financial planning is one of the most speedily growing industries as it deals with the management of the most important means of living, which is money

In Details:

The primary responsibilities of this role are to providethe financial information and associated analysis necessary to manage and optimize company manufacturing performance. This is a global role and reports to the Commercial Finance Director of the company with dotted lines to two other senior corporate officers. The selected candidate must be willing to proactively engage with senior managers to constructively challenge them in the development of their plans and to assist them in managing performance to deliver these plans. Specific responsibilities include

A. Budgeting, Forecasting and Planning

1. Coordinate the production of a zero-based, bottom-up Annual Budget and long range company plan for the various manufacturing locations

2. co-ordinate three in-year re-forecasts to the same level of detail as the annual budget

3. Ensure all manufacturing locations update monthly full year forecasts

4. Ensure that the numbers produced by the Global FP&A team are recognized throughout the organization as the ultimate reference point

B. Performance Management

1. Work with global functional leaders of Commercial Finance, Operations, Supply Chain and IT/MIS to identify.

2. Continuously monitor and improve the quality of the Period Management Accounts (PMA) report in order to ensure that relevant, actionable information is headlined.

3. Coordinate the monthly PMA review process, ensuring insightful commentary and analysis is delivered in standardized form, from all manufacturing locations

4. Provide monthly analysis and commentary on the company’s operations consolidated financial and commercial performance, for distribution to senior management, in the form of a monthly performance pack

C. Decision Support

1. Driving appropriate financial disciplines, developing financial capabilities and

Providing training, coaching and mentoring of finance skills to non-finance management

2. Contributing to the development of appropriate management information systems and reporting

The FP&A manager must establish a collaborative working relation with his/her peers and other members of the Global Finance Team, comprising other members of the Commercial Finance team, Group Financial Control; regulatory, legal, fiscal and socio-economic developments.

At a glance:

01. Approves payments, purchase authorizations and other financial transactions to ensure compliance with staff rules, financial rules and implementing instruments/authority.

02. Supervises the preparation of the end of month accounts before forwarding them to


03. In close coordination with Field/Sub Offices/Programmed Section, maintains a system to monitor and forecast cash requirements to meet administrative and project expenditures. Establishes monthly cash requirements for the office and requests timely replenishments from Headquarters.

04. Constantly reviews banking arrangements to ensure timely transfer of funds and minimize exchange loses and bank charges;

05. advises the head of office on all budgetary and financial matters;

06. Briefs new staff members or staff assigned to the Field on finance matters;

07. In close coordination with Field Offices, coordinate replies to finance related audit comments

08. Normally supervises and coordinates the work of GL staff;

09. Undertakes other duties as required.

10. Performs other duties/projects as assigned/required

Conclusion: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Previous experience accounting for grants and contracts (Government, Foundations and Private) is required. Must be self motivated with the ability to work independently and to deal with complex accounting issues with little supervision Familiarity with government grant guidelines

Unemployment Ends For Graduates Only In Bangalore With Lots Of Jobs Path

Bangalore has grown into a big IT hub with nearly all sorts of the software companies developing their centers in Bangalore. Apart from this it is moreover a place to lots of big public division’s undertakings for an example, HAL, BEL, BHEL, NAL, HMT and BEML. The city is well famous with the title ‘Silicon Valley of India’ because of the presence of Electronic city and the software technology park well-known as the IT Park in the outer edge of the city.

Bangalore as graded amongst the 10 top growing cities on the globe has various future coming projects in the industrialized and information technology divisions. With a proficiency rate of 88.48%, Bangalore ranked as the 5th biggest leading city in Asia. Apart from IT sector, the indulging of sectors such as retail, healthcare, banking, fiscal services and manufacturing have offered growth to the city’s economy. Lots of Goverenment Jobs in Bangalore is also a main attrection of this beautiful city.

Different types of job in Bangalore:

  • Jobs in Finance and Accounts– There are various finance and accounts career opportunities obtainable in the city Bangalore. The companies normally wish to get MBA graduates for roles in finance and accounts. Several of the roles in money presented by the companies consist of:
  • Accountant, (Finance, Tax & Senior Finance Manager), Senior Consultant, Accounts executive and admin, financial analyst, manager.
  • IT and Software Job Prospects– MBA in IT graduates can get superb opportunities in IT sector. Some of the popular recruiters in IT field offering jobs in Bangalore include:
  • Accenture, Adobe,  Birla soft, Bosch, Fidelity, GE, Goldman Sachs, IBM, Infosys, Huwaei and HCL, etc
  • Healthcare jobs in Bangalore– Healthcare area offers a wide opportunity as:
  • Doctors, dietician, biostatistician, nurses, pharmacist etc.
  • Some of the recruiters in healthcare sector include Biocon, Camson Biotechnologies, Manipal, Fortis, Apollo, Sagar and Mallaya hospitals.
  • Jobs in education sector– In Bangalore coaching and teaching jobs are not only limited to schools but also there are many tutorials and groups that look for trainers. Some of the affiliated firms offers jobs this includes translators, professors, Counselor, curriculum consultant, Trainer and lecturer etc.
  • MBA graduates can concern for those different universities, tutorials and companies who offer the roles in education sector.
  • Such as Bharatiya Vidya Bhavan, JainUniversity, Litle FaIries International residential School and College, GATE Indian Institute of Tutorials, etc

Bangalore is one of the best destinations for people to grab first graduates jobs to build their careers.

Financial Planning in Sydney Saves Your Present and Future

At every phase of life one needs money, from the beginning of the life till the ending, but surely everybody don’t start earning and continues earning at all the steps of life and also are certain responsibilities, one needs to take care of at various levels of life. Economic planning is extremely important to pay such responsibilities and to pay upcoming financialrequirements. Financial Planning in Sydney is actually a process of guaranteeing the supply of money where and when it is needed and to optimize the return of financial savings.

In laymanvocabularymonetary planning could be a budget or perhaps plan to save current and long run income for certain group obligations such as marriage, education as well as Medicine. This plan of action allocates long run income to several types of expenditures, for example rent or utilities, as well as reserves some earnings for short-term plus long-term savings. Financial planning in Sydney also has investment of current and future income in some ventures or property to build maximum dividends on the savings, couple of such ventures can be an investment in start up business plan, Investment in stock exchange and in real estate investment.

When we invest in funds plus associated lending options such as bonds we overlook the loss related to instant access to the cash. More specifically, while investing in an economic product usually there remain managing charges or processing costs. Again regarding withdrawing the quantity before the period of maturity a foreclosure fee is added. It’s always important to make sure that the return of the spent amount must be greater than what invested and this too after all types of deductions. Additionally, it has been observed most of the financial companies charge a specific amount as penalty if the fund is taken out. In turnthe individual even gets a lesser amount than he/ she invested. This is indeed often a negative situation for the investor.
A skilled financial consultant helps by giving transparency regarding distinctive investment strategies or ideas. The data about minimal amount you need to maintain after investment or other account associated charges or fees needs to get resolved. These are plainly known when the expenditure is initiated with involvement of an appropriate financial consultant. A Sydney monetary planner can help when you invest from any nooks of Australia. In this particular e-era information trade or consultation is a subject of a couple of seconds with best usage of internet technologies.

So if you’re looking to employ a financial planner in that case what is preventing you? Perhaps that you question of the efficiency of financial consultant, you are thinking aboutfinancial planning Sydney. Inquire and ask as much as you can. Inquire from your buddies or referrals already getting services of a financial consultant, question them about the functionality of their financial consultant and sum they have gained by different investment procedures and policies. Inquire from financial planners you are thinking about hiring for your monetary planning approach, asking the length of time they’ve been in the industry along with what are their biggest successes, ask about how many clients, what their qualifications are, how they function, and so on.

Scope Of Cfp In India

According to a recent report, there will be a need for 50,000 CFPs in India in the next few years. Currently India has around 450 + CPFs. After doing CFP Course jobs would be offered in banks, insurance sector and financial services sector. With the increased activity on the Retail Banking front and in particular with Relationship Banking gaining popularity, Banks and Financial Institutions do look for staff that have a keen knowledge of Financial Planning. These companies do train staff on Financial Planning as well. The CFP course is being widely advertised today. An increasing number of banks like ICICI bank, Standard Chartered Bank and others are making it mandatory for their relationship managers to acquire the CFP certification Regulatory bodies like SEBI, IRDA and PFRDA etc are gradually educating and encouraging individuals to consult CFPs for their financial needs.

The Certified Financial Planner CFP designation is a certification mark for financial planners conferred by the Certified Financial Planner Board of Standards. To receive authorization to use the designation, the candidate must meet education, examination, experience and ethics requirements, and pay an ongoing certification fee. It has a good scope in India and you can get a good job.

Career in CFP: CERTIFIED FINANCIAL PLANNER (CFPCM ) CFPCM is the most sought after designation any financial planner may like to acquire. This is considered as the highest standard qualification in the field of financial planning. To join this course one must have completed the graduation and should have 3 years experience in the financial services sector in any capacity. From field other than finance, one must have 5 years experience. Interestingly, even 10+2 passed candidate can do this course but they must have higher experience in allied field of finance. If a candidate is not having the requisite experience, they still can do this course and after passing they will remain as AFP (Associate Financial Planner) till they acquire the required work experience. Once their experience level is achieved they can apply for the change of status of the designation to become a CFPCM New Era Institute of Professional Studies (NIPS) is an education provider of this course and they are now offering this prestigious course in Distance Learning mode. It gives a lifetime opportunity to acquire this value added qualification after joining this program and successful clearance of the examinations anyone can do CFP courses in India to make the career ahead.

Check yourself if you are suited to a financial planning career. Ask following question to yourself and if your answer is ‘yes’ to at least three of the question then getting into financial planning could be a smart career move for you.

1.Do you invest or enjoy following the financially news?
2.Are you self-motivated and ambitious?
3.Would you consider yourself detail orientated, and well organized?
4.Are you comfortable using a calculator to perform math functions?
5.Do you enjoy meeting and interacting with all kinds of people?
6.Are you a good listener? Knowledge is king. The more you learn about Financial Planning the more valuable you will be in the market.

MBA in Marketing Vs MBA in Finance

Now-a-days MBA is one among the top choices of students from the Engineering as well as Finance streams. Management careers are gaining more and more fame as students have good career opportunities post successful completion of management studies. When pursuing MBA Students can choose the courses of their interest. When it comes to MBA programs in finance and marketing both have lot of similarities. Finance MBA programsoffer courses in marketing, and marketing MBA programs offer courses in finance.

India is home to around 3000 institutes offering management education. Out of which there are numerous top management institutes in Maharashtra. Apart from Mumbai, even small cities like Pune and Nashik get ranked for owning the best MBA institutes. The top MBA colleges in India have the best infrastructure, best faculty, alumni and of course tie-up with top companies for campus placements.

Listed below are the similarities between Marketing and Finance MBA Programs:

Master of Business Administration in Marketing (MBA in Marketing)

Students who pursue MBA in marketing learn to manage and make decisions in regards to advertising, public relations and other communications fields. In their course of education they are taught about international sales and marketing, risk management, strategic planning, economics, ethics, market research, financial analysis, consumer behavior and current business trends.In an MBA marketing program, students can choose their subspecialty depending on their interest and career goals from areas like advertising, Internet and international marketing.

Master of Business Administration in Finance (MBA in Finance)

MBA graduates who pursue major in finance are taught how to make financial decisions for a variety of businesses and organizations. Students are taught how to acquire, manage and distribute funds in business. MBA in finance includes learning marketing, international business and finance, budgeting, financial accounting, data analysis and economics in the syllabi. Private equity, corporate finance and portfolio management are few of the subspecialty which students can choose depending on their interest.

From the above information, it’s clear that Marketing MBA graduates have an opportunity to step into creative and communications field and also in other finance corporates organizations where as Finance MBA graduates are best suited for working in fields related to banks, administration and accounting and corporate financial organizations.

Following is a list of Career Options for Graduates with a Marketing MBA degree:

  • Advertising Executive
  • Brand Manager
  • Business Development Director
  • Buyer
  • Market Researcher
  • Product Manager
  • Senior Marketing Analyst

Following is a list of Career Options for Graduates with a Finance MBA degree

  • Chief Financial Officer
  • Financial Analyst
  • Financial Manager
  • Insurance Adjuster
  • Investment Banker

Stock Broker

Goals Of Corporate Financial Management-Some Thoughts

There is a multiplicity of goals of management. Wealth maximization is a wholesome goal. Maximization of profit, profitability, liquidity and solvency are other goals. But these are sectional and fragmented. Similarly, minimization of cost of capital, risk and dilution of control address particular aspects. Well, all these put together throw much light on the whole gamut of management as such. Now, maximization of economic value is added to the list of goals of management.

Further more, the goal of the management should be to achieve the objective of the corporate owners, who are the suppliers of capital, namely shareholders. The finance manager’s function is not to fulfill his own objectives, which may include higher salaries, earning reputation or maintaining and advancing his personal power and prestige. It is, rather, to the extent manager is successful in this Endeavour, and he will also achieve his personal objectives. It is generally agreed that the financial objective of the firm should be the maximization of owner’s wealth.

However, there is disagreement as to how the economic welfare of owners can be maximized. Two well known and widely discussed criteria which are put forth for this purpose are: (a) profit maximizations, and (b) wealth maximization.


Traditionally, the business has been considered as an economic institution and profit has come to be accepted as a rationally valid criterion of measuring efficiency. In support of this contention, the following arguments are usually put forward:

(i) Profit is a prime motive or main incentive which paves the way for better and more efficient performance. It is a reward for entrepreneurial ability. Persons or groups of persons compete with one another and work hard in order to excel others in giving better and more efficient performance simply because they are attracted towards earning more and more profit. This promotes enterprising spirit and leads to economic development of the society.

(ii) Profit is not only an objective, but also a criterion or measuring-rod of efficient management. In this way it is both a goal as well as a measure of good performance. The degree of success or failure over a period can be tested on the basis of the degree of profitability in a company.

(iii) All business decisions are taken keeping in view their probable impact on profit. Thus, it has become a part of the decision-making process.

(iv) In a society or in a business enterprise efficient allocation of scarce resources and their judicious utilization are possible on the basis of profit criterion. Resources flow from low profitable ventures to high profitable ventures.

(v) In a society which is devoid of profit motive or incentive, there will be no place left for mutual   competition   to excel one another in efficiency,   skill   and competence. In such a situation the pace of growth and progress is bound to slow down.

Limitations: As a goal, however, profit maximization suffers from certain basic weaknesses: (1) It is vague, (2) it is a short-run point of view, (3) it ignores risk, and (4) it ignores the timing of returns. An unambiguous meaning of the profit maximization objective is neither available nor possible. It is rather very difficult to know about the following: Does it mean short-term profits or long-term profits? Does it refer to profit before or after tax? Does it refer to total profits or profit per share? Besides it is being ambiguous, the profit maximization objective takes a short-run point of view. Prof. Ducker and Prof. Galbraith contradict the theory of profit maximization and observe that exclusive attention on profit maximization misdirects managers to the point where they may endanger the survival of the business. Prof. Galbraith gives the following points to argue his line of reasoning: (1) it undermines the future for today’s profit; (2) it short-changes research promotion and other investments; (3) it may shy away from ‘any capital expenditure that may increase the invested capital base against which profits are based, and the result is dangerous obsolescence of equipment. In other words, the managers are directed into the worst practices of management. Risk and timing factors are also ignored by this objective. The streams of benefits may possess different degrees of certainty and uncertainty. Two firms may have same total expected earnings, but if the earnings of one firm fluctuate considerably as compared to the other, it will be more risky. Also, it does not make a difference between returns received in different time periods, i.e., it gives no consideration to the time value of money and value benefits received today and benefits after six months or one year.

For the reasons given above the profit maximization objective cannot be taken as the objective of management. It can be stated that the appropriate operational-decision criterion should include: (i) It must be precise   and   exact,   (ii)   It   should   consider both   quality   and   quantity dimension, (iii) It should be based on the bigger and the better principle, and (iv) It should recognize the time value of money. For these reasons, wealth (value) maximization has replaced profit maximization as an operational criterion for management decisions.

Consider the example of three business units making profits over three years given below


Unit – 1

Unit – 2

Unit – 3




















From the above table, it is clear that all the business units making profits of six lakh rupees.  But evidently unit – 2 is the best of three, followed by unit – 1 and unit – 3. Hence profit maximization is not accepted as a flawless goal, since it might lead to unfair means adopted and time value of money is not considered.


The maximization of wealth is a more viable objective of management. The same objective, if expressed in other terms, would convey the idea of net present worth maximization. Any action which creates wealth or which has a net present worth is a desirable one and should be undertaken. Wealth of the firm is reflected in the maximization of the present value of the firm i.e., the present worth of the firm. This value may be readily measured if the company has shares that are held by the public, because the market price of the share is indicative of the value of the company. And to a shareholder, the term ‘wealth’ is reflected in the amount of his current dividends   and the market price of share.

Ezra Solomon has defined wealth maximization objective in the following manner: “The gross present worth of a course of action is equal to the capitalized value of the flow of future expected benefits, discounted (or capitalized) at a rate which reflects the certainty or uncertainty. Wealth or net present worth is the difference between gross present worth and   the amount of capital investment required to achieve the benefits.”

What about a public sector firm the equity stock of which, being fully owned by the government, is not traded on stock market? In such a case, the goal of management should be to maximize the present value of the stream of equity returns. Of course in determining the present value of stream of equity returns, an appropriate discount rate has to be applied. A similar observation may be made with respect to other companies whose equity shares are either not traded or very thinly traded.

From the above clarification, one thing is certain that the wealth maximization is a long-term strategy that emphasizes raising the present value of the owner’s investment in a company   and the   implementation of projects that will increase the market value of the firm’s securities. This criterion, if applied, meets the objections raised against the earlier criterion of profit maximization. The manager also deals with the problem of uncertainty by taking into account the trade-off between the various returns and associated levels of risks. It also takes into account the payment of dividends to shareholders. All these ingredients of the wealth maximization objective are the result of the investment, financing and dividend decisions of the firm.


The matter is further complicated by the fact that management may in practice have other objectives either instead of, or as well as, that of profit maximization. A few   possibilities are given below.

(a)Growth: The maximization of profit does not necessarily require a firm of large size. Corporate power, however, is often a function of size and this may become a management objective. Non-profit making organisations, such as mutual assurance companies and building societies, where the profit motive cannot operate, often adopt pure growth as an objective.

(b)Risk reduction: Many potentially very profitable enterprises also carry a high risk of expensive failure. Prospecting for oil, for example, is very profitable if a rich strike is made but ruinous if the exploration proves abortive. It may, therefore, be a management objective to ensure survival by the avoidance of risk, profit becoming a secondary objective.

(c)Personal aspirations: People who obtain senior positions in
management are likely to be highly motivated towards their own career
objectives. Important objectives for a manager may therefore be the
improvement of his own salary, career prospects or security. This may mean a desire for quick results which will stand to the immediate credit of the manager involved as against more solid but longer term profit making objectives.

(d)Social objective: Some organisations adopt an altruistic social purpose as a management, objective. Thus they may be concerned to improve working conditions for their employees, to provide a wholesome product for their customers or to avoid anti-social actions such as environmental pollution or undesirable promotional practices.

(e)Efficiency: Some enterprises, such as charities or public services, have as a fundamental objective the provisions of a required service which is not supplied in the marketplace. A suitable management objective for them is the provision of the service at minimum cost.

(f) Orderly liquidation: A firm will sometimes reach a point where it is appropriate for it to go into liquidation. This may be forced on it by a crisis or a failure of its commercial viability or it may be undertaken voluntarily because the purposes of its original foundation have ceased to exist. In either case, once the decision has been taken, the objective of management will be to operate the business until its demise so as to balance the conflicts of interests of employees, shareholders and customers, to fulfil contractual obligations, e.g. to pay creditors and debenture holders, and to bring a tidy conclusion to all outstanding matters.

Where a particular management action has implications for more than one objective, a view must be taken as to the balance to be struck. For example, the objective of the maximization of profit may be in conflict with the objective of minimizing risk. The judgment to be made is subjective and, therefore, not susceptible to analysis although it is usually made by   reference to some explicit or implicit overall corporate objective.

Managing Business Cash Flow With Services of Pegasus Opera Supplier London

Your business ventures are obviously well planned to follow a precise method and bring forth expected results. However, you need to check compare and assess the expenses of each business process before agreeing to execute it. Handling financial calculations for an array of deals can be quite challenging and somewhat confusing for inexperienced individuals. In such cases, fortunately, Pegasus Opera Supplier London can deliver services that can simplify all your finance managing processes without altering you existing business processes and methods. Let us discuss about how these services an help you out.

Managing Cash Flow Effectively

Managing finances is one of the primary objective for success through business. Without having a clear idea how to manage or track your expenses, you would not be able to generate revenue. But, with the help of Pegasus Opera, you an track your financial flow, and measure exactly how much revenue is being added to your company and how much is being deducted to pay the bills or to serve as an investment. This insight can help you to take profitable actions. Such facilities can help your company to grow beyond expectation and assure you whether to spearhead various endeavours or not. What this application offers is a realistic and fact filled revenue forecast which is great for intelligent business decision making.

Features and tools

This application comes with a whole host of features and meticulously designed tools for precise financial assessment of business based operations. Its conversion tools can help you to simplify the business processes and streamline resources to get the job done. It has a built-in import facility which assures a quick and glitch free data transfer. With Pegasus Opera application, users can check their finance, and other different divisions of their business without extensive infrastructure modification or heavy application implementation. Handling HR and payroll, CRM, supply chain, and document management is easy with the help of Pegasus software.

Low Maintenance and Usage Benefits

This applications is designed to cover huge financial requirement of companies. From managing business processes to tracking expenses, your finance management necessities would not any other support while Pegasus Opera is with you. Although, this application can deliver multitude of solutions, it does not come with an expensive price tag. Its design makes it easy to use and easy to update without frequent maintenance requirements. Its ‘easy to customize design’ helps business owners to maintain their existing company structure and processes while getting better results than ever.

These are few of the many benefits or features that make Pegasus Opera exceptionally important and capable of handling huge financial requirements with ease.

Wahid’s Initiative – What is the Responsibility or Role of the Finance Department in a Business?

Introduction: The finance department of a company is responsible for all of the financial aspects of a company, The Finance Department really has two fairly dissimilar jobs to perform in most companies: managing the company’s financial resources (“Finance”) and recording and reporting all its financial transactions (“Accounting”).today’s mid-sized and smaller companies don’t establish separate Finance and Accounting departments within their organizations.

Role of the Finance Department

Accounting and Finance is the heart of a business. Its functioning efficiently directly affects the rise and fall of a business. It is possible to survive, for a while at least, without an effective marketing plan, poor human resource management and indeed a poorly designed business strategy finance is a very essential to smooth running of the business No finance – no business No business, whether big, medium or small can be started without an adequate amount of finance. Right from the very beginning, i.e. conceiving an idea to business, finance is needed to promote or establish the business, acquire fixed assets, make investigations such as market surveys, etc., develop product, keep men and machine at work, encourages management to make progress and create value These departments are crucial to the financial well-being of a company and ensure that there is money for day-to-day operations and oversee investments strategies for future growth.


As the economy continues to develop, so does the role of the finance occupation within an organization, motivated by investments in activity resource planning, shared services and changes in its reporting role, most finance functions are becoming more efficient  requiring fewer resources to manage them and closely aligning with the company’s business structure. This is especially true in the area of operation processing where superior computerization of financial transactions has enabled finance staff to increased their role and spend more time supporting decision-making processes, slightly than just processing and merging transactions.

As business processes develop and business questions become more multifaceted, the analytics essential to answer and act on these questions entail a higher level of data addition and organizational teamwork. For in-stance, historically, finance departments were oftentimes the only departments with access to accurate information about a company’s financial results. However, this information was usually at an aggregated level and wasn’t available until several days, sometimes weeks, after the end of the month. More and more overall organizations are integrating and standardizing their business processes and systems, allowing end users with both finance and non-finance functions to update and obtain financial information from any geographic location. This has significantly improved decision support within the organization.

The finance department of a company is answerable for all of the financial aspects of a company to achieve these objectives, accounting, finance, tax and other financial areas are developing data warehouses collective with sophisticated analytics to serve the needs of the entire enterprise. We refer to this advanced decision support capability for finance as financial analytics. This article examines the evolution of financial analytics and its effect on the state of data warehousing. These departments are crucial to the financial well-being of a company and ensure that there is money for day-to-day operations and oversee investments strategies for future growth.

01. Cash Flows:

Managing an organization’s cash flows and reorganization its financial logistics is of paramount importance to managing liquidity risk and optimizing interest charges. There are various ways to streamline daily cash management, because an organization daily cash flow is the most vital duty of the finance division. Every day, businesses spend money on office supplies, equipment and salaries, so it is important to monitor each day cash flows. The finance department can make adjustments and recommendations on how to adjust these cash flows for better presentation.

A company wants to keep enough cash at hand and enough income from accounts receivable and cash sales, to cover these debts. a company’s cash flow statement, it is important to consider each of the various sections which contribute to the overall change in cash position. In many cases, a firm may have negative overall cash flow for a given quarter, Cash Flows from Financing Activities  is a measure of the money that a company took in or paid out to finance its activities. It represents the flow of cash between a company and its owners and creditors. Typically included in this calculation are the issuances or repurchase of common stock, the issuance or repayment of debt and the dividends paid out to shareholders.

Chief financial officer (CFO), of finance department is  major responsibility to control the cash flow position throughout the company, understand the sources and uses of cash, and maintain the reliability of funds, securities and other valuable documents. You receive, have custody of, and disburse the company’s excise and securities. CFO responsibility includes the influence to launch accounting policies and procedures for credit and collections, purchasing, payment of bills, and other financial obligations.  Cash is king and the flow of cash, or cash flow, is the most important job a CFO has in any company. and if at all possible positioned to guidance on the selection of the most suitable electronic banking and treasury management system for organization.

02. Accounts Receivable and Payable:

The finance department also makes sure accounting and reporting. Cash and banking tricks and certain Accounts Receivable activities that client who are past due are contacted and their balances paid. A company must have adequate money coming in from its operations to cover expenses, so when credit is comprehensive, it must be paid in a appropriate manner. The finance department also makes sure that credit accounts are taken care of and paying all due bills to vendors and suppliers to cover the costs of raw material or purchased goods that were bought on credit is another area that the finance department should handle. The financedepartment can pay bills when they are due and make decisions on what and when to pay to exploit investment strategies.

03. Taxes:

Suitable to the current intricate tax structure across the world, finance department jobs are more in demand these days. Satisfying out tax forms and addressing deductions and tax strategies can often be performed by the finance department CFO who inspects the book of accounts and records and computes the taxes according to the laws and regulations. He also the advisors to the management/individuals concerning. The tax liability, updated tax arrangement and layering out strategic plans for minimizing tax liability. They are the ones who records, maintains and calculates the complete details of the individual/ organization’s assets and their income and then computes the tax liability on those assets and income. So finance departments concentrate for this field should have good knowledge of mathematics, accounts and tax laws. They should also acquire effective communication and organizational skills.

04. Investments:

Finance departments invest extra cash to make money on the interest. Although businesses should keep a small amount of cash on hand, it is wise to invest the available money toenlarge profits for shareholders’ or owners’ wealth. The finance department should be able to recommended short-term investment strategies for cash and instruct owners on long-term strategies.

The Finance department is responsible for managing the financial operations Functional responsibilities include accounting, financial reporting, cash management, budgeting, debt management and investments. The accounting function includes accounts receivable, accounts payable, fixed assets and general accounting. Finance departments invest extra cash to make money on the interest. Although businesses should keep a small amount of cash on hand, it is wise to invest the leftover money to increase profits for shareholders’ or owners’ wealth. The finance department should be able to recommended short-term investment strategies for cash and instruct owners on long-term strategies.

The responsibility for financial reporting includes preparing monthly interim financial statements as well as the Comprehensive Annual Financial Report in accordance with generally accepted accounting principles (GAAP).


The accounting job is typically done by the Accounting Department; at its simplest level accounting is still about abridgment and adding up the financial values and transactions connected with a business or some other enterprise. However, accounting and the role of accountants has urbanized far beyond this simple idea. The modern accountant extracts sense from a firm’s financial data: partly to help control its behavior, partly to decide what resources are available for future development and partly to satisfy the needs of a wide range of different groups who need financial information for their own purposes.

But most important to running the companies are the reports the accountants prepare for company managers, for it is those reports that managers use to appreciate their company’s financial past and make decisions about its financial future.

Accounting within firms has developed in two principal instructions: first in fulfilling the information needs of external stakeholders and, second, in providing information to management to assist them in their decision-making and other activities. The externally oriented division of the subject is called ‘financial accounting’ where statements of financial concert over a period of time are twisted the income statement (formerly the profit and loss account), the balance sheet and the cash flow statement. ‘Management accounting’ is anxious with producing internal information for the management of the firm.

Conclusion: In today’s ever-changing business surroundings, financial executives are exploring ways in which the financial function can bring greater value to their organizations. To this end, they are transforming their organizations from focusing primarily on regulatory reporting to most effectively providing the information that internal management needs to more effectively “run” the business. financial executives must now think beyond the traditional financial information contained in general ledger systems and consider how best to provide for the inclusive measures and analytical methods needed to drive decisions during complex, dynamic companies.

Hire Financial Planning Services in Caringbah

Every company, whether small scale or large scale requires financial planning to squeeze out every drop of juice from the available financial resources. A greater weightage has to be paid during the start-ups as most of the resources are wasted during the time.

Hire CPAs or Financial Planners

Managing all by himself or herself will not be the wisest decision one will make, which is the most common thing entrepreneurs do. To do the job, it is highly recommended to hire CPA Accountants in caring bah or Financial Planners in Caring bah.

You read that right. These surely will make a slice in your budget, however, keeping in mind the benefits you will enjoy at the end; this investment is not much of a burden on the revenue of business.

Benefits of hiring an Accountant or Financial Planning Firm

There are many benefits attached to hiring an accountant or financial planner for your firm:

• In the initial stages of business

The accountant of financial advisor will be able to guide you through the problems you will face in the initial stages. In addition, he or she will be able to help you manage resources and profits of your business.

• In the expansion time

The accountant of financial advisor will be able to help you make decisions effectively related to which assets you shall acquire, how to get rid of the liabilities and so on. These factors are major players in the expansion of the business and therefore are to be carefully administered.

• Other benefits

Managing inventory and reducing the overall expenses, helping decided which costs should be cut, managing sources of funds. Informing you the latest changes in financial industry, reducing interest rates, keeping a check on the financial condition of the firm using accounting tools (such as cash flow statement, balance sheet and ratios) and many more can be counted as benefits attached with the firm.

Getting a CPA or Financial Planning Firm

There are a plethora of CPA accounting firm in Sutherland and in the area. One needs to just lookout for them in via any of the means mentioned below:

• Internet: The former is a vast source of information, where anything can be looked. Being no exception to the list; one will be able to find out Financial Planning in Caring bah. Just search for the term ‘financial planners’ followed by the area of concern. From the search results, use any result to find the contact number of firm.

• Local Daily: Under the finance sector of local daily or classified advertisement, check for any posting related to financial planners in the area. Often, many financial planners create an advertisement and publish them regularly to attract new clients.

Verdict on Accounting and Financial Planning

Every company, whether small or large scale shall hire a financial advisor or accountant to help manage the business resources effectively and efficiently. A company will be able to expand only when the financial resources and all are managed in such a way that costs do not create a liability on the business.

Boom Reflected In Finance Jobs In India

There is a total boom in each and every sector and the feeling is reflected in the finance jobs in India also. People are getting back to their normal style of living after securing their jobs once again. There was a definite lull due to recession. But things are getting back to normal. People have started securing their lost jobs and those who are in their jobs are currently getting good promotions. All this is attributed to getting over of recession phase altogether.

Actually our country was not affected much due to this phase. The country was more affected in those professions which have to be outsourced or where business was largely dependent on other countries. People in offshore countries had lost their earning power leading to recession in investment and finance related matters. This led to downturn of finance jobs in India also. But since the country was affected indirectly, so people got over the phase well in time without many losses.

Finance jobs are opening-up in all sectors. People need financial advisors also to overcome their future fear and prepare them for any casualties in future. Companies are especially hiring finance people to take care of their Company’s finances along with those of their employees. Many financial advisors are allotted by the Banks and Financial Companies all over India to get the best allocation of funds, including substantial amount of savings.

Finance jobs are seen with a difference. They are not over-looked upon. People are getting back their jobs especially at middle levels. Those who want to get the right job can apply through the ads in classifieds or through specialized job-sites. Online job-sites are helping people to find the desired job in their preferred location. These job sites ask for thepreference of location and suggest job in that region only.

Since there recession is almost over in India, people have ample choices for the right job for them. Finance jobs in India are opening-up on large scale and suitable candidates are getting the job in due course of time. Finance jobs in India are reflecting a boom again.

MBA Finance Offering Diverse Career Opportunities!

Master of Business Administration (MBA) is one of the most common career choices among the students looking for post graduate degree.  If you are still apprehensive about the MBA prospects FY2015, you need to put a full stop to all your concerns.  As per a recent survey which encompassed 748 employers in 47 countries including India, it was revealed that 84% companies plan to recruit fresh MBA graduates to their workforce in 2015-up from 74% in 2014 and 62% in 2010.


Among all the disciplines, finance is the most popular specializations of MBA that students go for. A substantial number of MBA aspirants specialize in finance as the stream unlocks the door for high paying jobs in banks and financial sector.  With global financial crisis posing a big menace to the world trade, companies all over the globe realize the dire need of financialspecialists who can come up with competitive solutions keeping the buoyant market into consideration. Finance as a whole is a vital part in the core business processes of any company and thus there are huge career openings for MBA finance graduates.

Let us take a quick look on the top colleges MBA colleges and employers for MBA finance graduates.
Top Colleges for MBA Finance in India

  • IIM Ahmedabad
  • IIM Bangalore
  • Department of Management studies, IIT Delhi
  • Faculty of Management Studies, Delhi
  • MDI Gurgaon
  • XLRI Jamshedpur
  • FMS Delhi
  • Narsee Monjee Institute of Management Studies (NMIMS) Mumbai
  • ISB Hyderabad
  • Indian Institute of Science, Bangalore

Top MBA finance Recruiters

  • SEBI
  • Axis Bank
  • Avendus
  • ICICI Bank
  • Edelweiss


Career Prospects

Once you obtain a MBA finance degree, you can seek opportunities with banks, financial consultants, and other allied finance firms. There are so many career paths which you can choose like you can go for investment banking, international and corporate finance, merchant banking and more. After gaining relevant years of experience, you can aim for higher career opportunities.



  • Accounting Managers
  • Financial Analysts
  • Chief financial Officers
  • Cash Managers
  • Treasurers and finance officers
  • Risk insurance managers
  • Investment bankers
  • Credit managers and specialists
  • Management consultants

Finding MBA finance Jobs through online job portals

In order to locate the jobs of your choice and preferences, you can utilize the services of an online job portal. These online job portals help you to find jobs with specific locations and employers. For, instance, if you are scouting MBA finance jobs in Chennai, with the use of different filters you can narrow down your job search and strive for the available opportunities.

Salary Outlook

The pay package primarily depends on the kind of business school you graduate. Conventionally, finance MBA degree holders are known to get plum placement offers from the top companies of the country. Reputed colleges such as IIMs see students placed with fancy offers of around Rs. 10-15 lakh per year.  Starting salaries of MBA finance graduates are generally higher than those with other MBA specializations. The starting salaries offinancial analysts is somewhere around Rs. 4lakh per annum. Similarly, entry level salaries of credit analysts is in the range Rs 5-6 per annum and can earn as much as Rs 20-30 lakh per annum once they move to senior positions.

Why a Photocopy of your Birth Certificate won’t be accepted for Official Business

When preparing for the many milestones in life that require proof of personal identification, don’t overlook the need to present an official birth certificate copy. Applying for a driver’s license, marriage license, passport, enrolling children in school and even some jobs often require an official birth certificate copy to be presented. When you think of an ‘official” birth certificate copy, what do you think? Well, don’t think hospital copy or a photocopy from your office copier because that is NOT what the people requesting your “official” copy have in mind.

Your Original Birth Record:
Often, people don’t realize that what they consider their official birth certificate is not actually a legal document. The copy given to new parents at the hospital, sometimes with the baby’s footprints on it, is meant to be a cherished keepsake but is not valid for official proof of identity. Your original birth certificate must remain on file at the designated vital records agency office of your birth place after being submitted for registration by the attending hospital. This is where the only “original” copy of your birth record is located. This version is kept under lock and key and most people will never see their original. This is done to help ensure your identity is protected. For purposes of official business you’ll want to obtain a certified (raised seal) birth certificate from the department of public health or vital records office where the birth took place. This is also often described as an “official” copy.

What makes a Certified Birth Certificate Official?
The number one difference between official and informational birth certificate copies is a registrar’s seal. The type of seal used varies by states, but will be proof that the birth certificate is a government issued, certified document. The seal might be raised, embossed, impressed or multicolored. Most importantly it will be notarized (signed and dated) by the registrar. Certified copies can be used to prove identity for any reason. For example, these copies will be accepted when applying for passports and drivers licenses, among other occasions.

What the Birth Certificate should include:
Most situations requiring a birth certificate will require evidence the certified certificate copy was issued by the office of vital statistics in the county, city or state where the birth occurred. In general, the notarized document will show the full certificate holder’s name, the date and place of birth and a file or registration date within one year of the birth.
Example of a Short Form:
Aside from requiring an official birth certificate copy, some agencies will specify whether they want to see the long or short form. The short form is a computer generated certificate that typically only contains name, birth date, file date. The short form is a certified copy. It may or may not contain the parent’s names. This form is commonly needed to prove identity for licensing, travel, estate and passports.

Example of a Long Form:
The long form, also usually provided as a certified copy, is generally an actual photocopy of the archived certificate. This version provides everything on the short form (name, date, file date, place of birth) as well as any other information recorded by the hospital, such as parent’s names and occupations, or birth time. The long form is not as commonly needed, but can be used for passport, social security, international adoption or dual citizenship.

While it might seem tedious to go through the process of securing a certified, official birth certificate copy, it is for the public’s safety that many organizations require it. If simple, non-certified photocopies were considered legally valid, identity theft could skyrocket. If a certifiedbirth certificate was to fall into the wrong hands the potential for identity theft damage is significant. This is why it is recommended to keep your birth records and other vital records in a secure area such as a safe or security deposit box.

Next time you realize you need to present a birth certificate–remember why it has to be certified. The additional steps are in your best interest to protect your identity. If you have certified copies on file, make sure they are in a safe, secure area. If you do not have a copy handy, you may want to consider ordering your official birth certificate online. You never know how soon it will be that you need to present a certified copy.

Solve your financial crisis with gold investments

You may never know when you may require financial help. These cases always come without any alarm. It becomes difficult for oneself to arrange a significant amount of money to solve such a problematic situation. One may face innumerable situations like accidents, heavy debts, paying off loans and many more. Running away from these situations or taking any drastic steps may go in vain. However, in a situation where you are clueless and having no other way, you can just opt to get a monetary value for the same.

Everyone loves wearing gold; this can be either in the form of a ring, necklace and many more. Apart from serving as a decorative ornament, it can also be used for financial investments. Gold or silver is also known as long time investments. However, this is because one can use them anytime in need of cash. Many financial consultants and experts, always advice to opt for these investment plans. One can grant them as collateral and apply for loans. This option is far better than selling it off.

When in need of money, gold has proved to be one of the best options to get cash in its exchange. You need not worry about giving away your beloved jewelry forever. However, getting cash against it is the one of the ways that comes to your rescue. You just need to keep your gold as a guarantee for a particular period. Once you have clear out all your money issues, you can repay the money and get your gold back.

In this case, you can get many reputed and experienced cash for gold Birmingham providers at your service. They are available for your help in case, of any money crisis and will offer you loan at a faster speed in comparison to any other loan providers in the market. One of the biggest advantages is that you can borrow easy and quick money through them. They hardly take any time in order, to convert your precious stones and jewelry into cash. Most of these service providers are famous and trustworthy.

On the other hand, you can find many we buy watches advertisement that provide you with cash against the purchase of your watch.  Hope this sounds really great to you. These companies are well experienced and well organized. They are aware of the needs of their customers and guide them in the best possible way. It is most important to ensure that you pick the reputed dealers in this industry. You can even use the online method to find these dealers. You will be able to get websites that can give you a complete data about these services and the process you need to follow to get them at faster speed.

Difficult Church Loan and Business Finance Solutions

Church loans often suffer from several problems, and as a result specialized business finance strategies are required. Typical church financing will involve multiple difficulties.

Church loans are probably the most difficult form of commercial financing to successfully close. Churches are an integral part of local communities, so it is necessary to improve church financing solutions. In almost all cases financing will require a very specialized commercial real estate loan that is typically not widely available.

Churches are not typical commercial enterprises but they do have substantial business financing requirements. This article will offer an overview of four key church loan financing difficulties and a listing of six practical church financing strategies.

Four Major Church Financing and Business Finance Difficulties –

Before addressing possible solutions for the most common church loan needs, it is important to discuss the typical barriers to obtaining appropriate financing. Historically church financing has been difficult to arrange for several reasons:

(1) Church Loan Obstacle Number One: Church properties are unique. Lenders are therefore concerned that if commercial loan payments are not made in a timely manner and the lender is required to assume ownership of the property, it will be very difficult to find a new owner because of the unique property features.

(2) Church Financing Difficulty Number Two: Commercial lenders usually require individual guarantors for church financing, and this is inappropriate for a church loan. The financialstructure of churches simply does not lend itself to a traditional lender/guarantor approach. Many commercial lenders are not comfortable with the potential lack of individual guarantors because of the difficulty of reselling the church property if negative financial circumstances occur in the future.

It is unfortunately very common for church financing to have been secured only after church members have authorized an individual guarantee for church financing. The need for individual guarantors acts as a serious barrier first because church members might be unwilling to do so and second because there might not be individuals who have enough financial resources to provide an individual guarantee for larger church financing needs.

(3) Church Financing Difficulty Number Three: When church financing is obtained, there are frequently unacceptable business finance terms such as very small loans, low loan-to-value (LTV) of 50% to 60%, short-term loans and high interest rates. These onerous terms are tantamount to the church loan being declined, and if the terms are accepted, the church is likely to experience continuing financial difficulties due to unrealistic commercial mortgage requirements.

(4) Church Financing Difficulty Number Four: Construction, renovation and land acquisition are even more difficult for churches to finance than purchases or refinancing. As a result, needed repairs are often postponed indefinitely and new churches frequently take many years to become a reality.
Six Practical Church Loan and Commercial Mortgage Solutions –

There are common-sense financing solutions for the church loan issues described above. Here is an overview of church financing that is now available from some non-traditional lenders:

(1) Church Loan Financing Approach Number One: Non-Recourse Loans (instead of guarantors). As noted above, the willingness to forego traditional guarantors does require a non-traditional lender. With this church financing approach, church lending will not depend on individual guarantors.

(2) Church Loan Solution Number Two: Long-term business loans. Church financing will be much more successful when it is long-term instead of short-term (payments will be reduced dramatically).

(3) Church Loan Solution Number Three: Low interest rates (usually a maximum of prime plus 1-2%). In reality many churches have been taken advantage of and charged excessive interest rates because lenders perceived that they did not have any other realistic options.

With payments limited to prime plus 1-2% or less, church financing payments will be noticeably reduced. In combination with longer-term loans, the overall payment reduction will make a significant contribution to church cash flow improvements.

(4) Church Loan Solution Number Four: Church loan financing minimum of $500,000. This allows churches to complete most financing in one step rather than piecemeal over a period of years.

(5) Church Loan Solution Number Five: Higher LTV (75%-90% is possible). This results in a more workable amount of 10% to 25% (rather than 40% to 50% with traditional church financing) for the down payment or non-financed portion in refinancing.

(6) Church Loan Solution Number Six: Church financing can now include new construction, renovation, land acquisition, purchase and refinancing. Due to flexible church loan financing, it is not necessary for any of these important church loan activities to be postponed.

Collectively the six church financing solutions described above should benefit a large number of churches by allowing refinancing with much better financial terms and by facilitating the construction of new churches on an accelerated timetable. The six church loan financing approaches should result in financial covenants that will contribute to the long-term financial profile of prudent churches which adhere to the church financing approaches suggested.

Regardless of the practical business finance and commercial mortgage strategies that have been described above, it is appropriate to emphasize that arranging appropriate church financing will almost always be difficult. Due to the specialized nature of a church loan, unavoidable complications with the commercial real estate financing should be anticipated. As a result, prudent church borrowers should attempt to acquire a better understanding of these complex business loan issues.

Six Words Describing Small Business Financing

This report was produced in a direct effort to provide more understandable insights about some of the most critical business finance issues effecting commercialborrowers. Our approach in this report is to describe current commercial loan circumstances in six words. We have adopted a similar model in other commercial finance reports such as “seven words to describecommercial property loans”. The “simpler is better” perspective reflects the belief that after hearing an almost endless number of reports about commercial lending difficulties, what small business owners might really need is a more concise explanation about these problems and the resulting impact on their business financing options.

Before proceeding, it is important to emphasize that small business finance options are often more complicated than anticipated by many business borrowers. It would be incorrect to assume that we are attempting to characterize business loans and working capital financing as simple and straightforward. Actually, we are making the opposite case. The unfortunate reality that most business financing processes have always been excessively complicated and that meaningful improvements are not on the way is one of our ongoing observations. We nevertheless feel that it is critical for each small business owner to have an absolute and total understanding of the entire commercial finance process in the face of the prevailing commercial lending complexity. This particular report is one of several thorough efforts on our part to help in providing more understandable insights about commercial loans and business banking problems.

“Banks are saying no more often” is our first example of six words describing business financing options. For any small business owner still unaware of this harsh reality and who might doubt this observation, a series of candid conversations with other business borrowerswill probably remove all doubts. The primary point to remember is that banks are not currently providing an adequate level of business loans on a widespread basis. It is important for small businesses to realize that they are not alone when they hear their bank say no to routine requests for commercial financing.

A second observation is that “commercial propertyvalues have decreased dramatically”. There are very few exceptions. The biggest business financing impact is likely to occur with commercial refinancing situations. Many banks are aggressively recalling existing commercial real estate loans and this literally forces a borrower to seek business refinancing even if a business owner has no interest in refinancing their commercial mortgage. With decreasing commercial real estate values, business refinancing will be a challenge for most small businesses.

In another six-word description of commercial financing, “lines of credit are disappearing fast”. Even the most successful businesses need a reliable source of working capital financing, so this situation is especially serious if a business cannot replace bank financing when it suddenly disappears. Even if a business still has an adequate line of credit, it is important to realize that on a widespread basis banks are reducing and eliminating business credit lines with almost no advance notice.

“Business financing is in intensive care” is our final observation in this report. Small business owners need to be prepared to take more extreme measures such as firing their banker and finding alternative commercial funding sources. Nobody should expect that bankers will publicly announce that they are in any kind of financial trouble after recalling that they have not been sufficiently candid about commercial lending problems in the past. On the contrary, a prevailing outlook from most banks is they are lending normally to small businesses. Commercial borrowers will need a healthy amount of skepticism when dealing with any commercial lender.

As we noted, this article is one of several efforts to help small business owners survive an extremely challenging commercial lending environment. By describing commercial loan difficulties in six words, this report was intentionally designed to produce a concise overview of several complex small business finance issues. A review of related reports such as “seven words to describe business cash advances” and “six words describing working capital financing” should also contribute to a better understanding of practical business financing options for commercial borrowers.

5 great ways for funding your small business

It is well-known to small business owners that funding, which is one of the most crucial things, can be one of the biggest challenges to face. From acquiring startup capital to adequate funds to expand the business, there is lot to be taken care of.

Below mentioned are a few ways that can help procure funding for small businesses:

Small business loans

If you are looking for a way to acquire sufficient amount of money to fund your business, small business loans can provide you with the same at comparatively low rate of interest. They serve as one of the economical ways to attain funding. However, if you make up your mind to go with this option, ensure to seek help from a community lender or credit union rather than nationwide bank since the chances of approval of your application are more with them.

Advance orders

If you already have a base of customers, along with clear value proposition, opting for pre-sale or advance orders can be suitable option for you. In addition to providing working capital, it can efficiently validate your business idea better than any other market research strategy.

Crowdfunding platforms

There are many platforms that allow you to approach masses and request funding. To work with them, make a pitch, post it on the platform so that individuals can contribute towards your fund raising goal. However, the drawback of these platforms is high transaction costs that can range from 5% to 10% of total amount raised.

Personal bank account
The easiest form of funding to procure is your existing money. A large number of business owners secure part of business funding from their wallet. After all, it is one of the common places to begin with the venture. Available options include personal savings, money acquired from credit cards, insurance policiesand home equity.


When it comes to dealing with funds management business, nothing can be better than grant. Money acquired from the same can be put towards your startup. Finding and zeroing on to a grant is a bit challenging, but you will certainly not find any until you make sufficient efforts. It is viable to know that grants are available on the basis of business theme, such as grants for women, minority business owners, single mothers and more. Prior to landing a grant, know your options and requirements.

If you are a business, looking forward to funding, we at Proactive CFOs can guide you onfund raising Sydney. Holding significant experience in financing, we can help you raise funds for a new business or an already established one.

Wahid’s Review – the petite appearance of financial sustainability risk analysis & organizations Sustainability Process

Meaning of financial sustainability

Sustainability is the capacity to bear. In bionetwork, the word explains how biological systems remain diverse and productive over time. Long-lived and healthy wetlands and forests are examples of sustainable biological systems. For humans, sustainability is the potential for long-term maintenance of well being, which has environmental, economic, and social dimensions as social entrepreneurship is not defined by any one standard model for achieving financial sustainability, working toward financial sustainability is essential if an approach to a social problem caused by market failure is to be successful enough to have transformative potential

Purpose of financial sustainability

To provide the Founders’ Forum with a report on the funding committees initial review of institutions sustainability. In the center of the most vital questions opposite the non-governmental, not-for-profit (NGO) segments in countries. In many countries of the region, foreign donors are withdrawing or reducing their levels of sustain, thereby growing the urgency of the confront of long-term sectoral sustainability.


The Finance Sector is responsible for the development of the city’s financial policy and overall financial management. This includes the development of a financial framework for the community entities under ownership and control of Council. The sector is also responsible for ensuring financial balance between the municipal entities, core administration, compliance with relevant legislation, regulations, and governance practices and finally guarantee the implementation of the Municipal Finance Management Act.

The Finance Department supporters the Financial Sustainability Sector; however the Revenue and Customer Relations Management Department partners in the realization of the sector goals.

Objectives of financial sustainability

The type 5-year planned objectives are largely premised from the following goals of the Financial Sustainability Sector Plan:

• Authorized customers, enjoying the highest standards of customer care and awareness

• A city with stable and rising revenue brooks

• Increasing assortment of capital backing selections supported by brawny capital finance risk management

• continued quality in financial management

The Financial Sustainability Sector Plan is contained in this. The short description preceding the table reflects on the Department’s mandate, challenges and opportunities, and revisions. The table indicates five-year objectives, programmed and annual deliverables

Organizational Sustainability

Most efforts to improve sustainability in shape care delivery focus first on organizational sustainability. Organizational sustainability is the ability of the organization to secure and manage adequate resources to enable it to fulfill its mission successfully and consistently over time without extreme reliance on any single funding source. The objective is to maintain and build the capacity of an organization that is providing a beneficial service in a community. The benefits of improving the organizational sustainability of health care organizations can be far-reaching because, in most cases, such organizations play a vital role in delivering services that would otherwise be unavailable or reaching people that would otherwise be unnerved

Sustainability of Services

Sustainability of services means that the services provided, and/or the health impact made, continue long after the original or primary supporter funding is withdrawn. Efforts to advance the sustainability of services center on maintaining and improving the provision, quality, and impact of services rather than on building the ability of the organizations that provide those services. In other words, the spotlight is on ensuring the continuation of services, not the organizations that deliver them.

Sustainability risk analysis

The financial sustainability of institutions is significant in most project situations. In some projects, the institutions under reflection will be financial institutions proper (like – state-owned or business agriculture banks, industrial development banks, credit unions, non-government organization-run operations, housing banks).

Many factors pressure the sustainability of an organization, including the operating environment, national and local politics and policy, the activities of other organizations, the availability of skilled personnel, and more. Understanding the nature and impact of these influences on organization and programs is critical because it better prepares to expect and respond to changes in your outside surroundings in order to generate adequate resources to always meet the clients’ needs. However, it is also important to differentiate between those factors can control and those cannot.

There are varying degrees of sustainability, and therefore some organizations are more sustainable than others. The “starting point” is different for each organization: each has strengths that can be enhanced and weaknesses that can be improved upon. For example, some organizations may always require international donor funding, while others may be able to generate sufficient funds through cost recovery and local donations

In other situations they will be project performing agencies managing or providing technical or consumer services ( for example –  a  municipality, a commercial bus company, a state-owned plantation, a water supply and drainage authority). In all luggages, lack of financial sustainability will compromise the delivery of project effects to beneficiaries, either by causing liquidity to dry up or for service provision to be suspended and/ or curtailed. Risk analysis can be used to assist in conniving projects so that there is less likelihood of this occurring.

For financial institutions such as banks, a major concern of their appraisal and deliberation for contribution in an ADB project is their situation with respect to risk. Following standard international banking practice, and as summarized in the Financial strategy, a number of standard procedures for credit risk (borrower default), value at risk (VaR), foreign exchange risk, maturity risk, contagion risk, etc. can be derived. They usually involve some subjective guess being made by financial analysts/ teams about the probabilities of specific outcomes, typically based on a mixture of expert judgment and some forecast data. It is suggested that in many cases it would be possible to extend this analysis for at least some procedures of risk to be based on probability distributions.

This is particularly true for the VaR, which is supposedly based on forecast values (which could be accessible in probabilistic terms), and is supposed to measure “over a 10-day period, what is dollar amount of “V” such that there is only a 1% prospect that a portfolio will lose more than V institution, are presently calculated as individual ‘point’ or ‘average’ estimates, and could gainfully be turned into financial forecasts if based on distributions of variables.

When the workshop first opened, approximately all of the funding was provided by this NGO. Over time, the clinic developed methods to raise its own money — through cost recuperation, diversified fundraising efforts, and successful marketing schemes. The international NGO gave the clinic its final grant last year. Because of its efforts, the clinic is fully capable of generating funding for itself and is not exclusively reliant on external sources. The clinic worked towards organizational sustainability so that when donor funding ended it could demonstrate to other funding sources, either local or international, that it is capable of managing resources to meet its clients’ needs.

The Sustainability Process

It begins when an organization defines its vision, values, and mission. The subsequently step is an organizational evaluation, which helps the organization expand a strategy for successfully implementing its vision and mission. The people within the organization must advance the review with an open mind as to what it may disclose, or there is no point in undertaking the review. Many tools exist that provide a good basis for implementing a thorough organizational assessment, but it is important to adapt any tool to the exact nature and condition of the organization.

1 .The individuals should have knowledge with organizational measurements.

2. They should have no straight risk in the institution.

3. They should have sound decision, as attested by people who have worked with them in the past

After the evaluation, the organization must design a arrangement that enables it to successfully execute its strategy. The key processes of the organization must then be outlined.

Finally, the organization must constantly examine the driving forces (positive) and constraints (challenges) it faces in order to adapt to changes in the operating environment. This cycle is continuous and comprehensive, and all key staff members must participate. However, different components of the model are reviewed with varying frequency.


This article introduced the different fundamentals of the process of sustainability. That is “Financial sustainability risk analysis” – “The Sustainability Process” this article is  provides background knowledge, exercises, and tools to help you implement  of this” Financial sustainability risk analysis” – “The Sustainability Process”

Working Towards Your Financial Goals With A Personal Financial Planner

For clients that haven’t worked with a financial advisor before, the assumption is often that everything starts with investments. What funds to buy, when to buy and how much to invest are typical questions. Since most financial commentary is centered around investing – and because many non fee-only planners make their money from investments – it’s easy to understand why consumers might think that’s where the planning process starts. In our view, though, financial planning starts with establishing a robust financial framework and only once that framework is in place do we turn to a discussion of investments.

What is Financial Planning?

Financial planning is a process that begins with establishing financial goals. The goals may be short-term – like purchasing a home or paying for private school – or longer term goals including retirement, funding college for younger children or buying a vacation home. Once the goals are established, a plan framework is constructed that reflects current assets, ability to save, how to invest, the amount needed to fund the goals and other key details. Ultimately, the plan framework maps out steps that the client needs to take in order to have a high likelihood of achieving the financial goals.

Some financial planners offer comprehensive planning, which means that they focus not just on constructing the plan framework, but also on related issues including estate planning, tax planning and risk management. Focusing on these issues allows the client to make optimal decisions and to better manage risks to the plan.

Importance of Financial Planning

Most clients find the most valuable aspect of financial planning is that it confirms whether or not they are on track, and that helps reduce financial stress. A plan is also useful in that it provides very specific information as to what a client needs to do in order to meet their financial goals. With that framework in place, if the unexpected occurs – such as the loss of a job or an unplanned for inheritance – it is possible to quickly assess financial impact and map out options.

An additional benefit of working with a personal financial planner is that the planner – and the planning process – can help a client make optimal financial decisions. Deciding when to finance a purchase versus when to pay cash, or choosing the best insurance coverage can all have material impacts on a client’s financial situation. Finally, the greatest long term benefit we have found for clients who have successfully implemented a financial plan is that they have an ever-expanding choice of options as to how they want to live their lives.

When to seek help from a Financial Planner

Typically, clients seek out a financial advisor when an event has occurred in their lives. The event might be approaching retirement, or receiving an inheritance or having a child. Most of the time, the primary goal of the client is to confirm that they are financial prepared, although in “liquidity events” in which the client receives a large sum of cash, determining how to invest the cash can be the driving concern. In either instance though, the planning process is similar in that it begins with establishing goals and then building the plan framework – including how to invest – within which the client works to pursue those goals.

In searching for a financial planner, a few good resources include the National Association of Personal Financial Advisors (www.napfa.org), which is an umbrella organization for fee-only financial advisors, and the CFP Board (www.cfp.net), the governing body for CERTIFIED FINANCIAL PLANNERs™. Once you have identified a few potential advisors, interview them by phone or in-person, and ask for references. While experience, qualifications and whether or not the planner works via fees or commission are all important, a good fit between client and financial advisor is extremely important as well.

Don’t Hire a Certified Financial Planner in Albuquerque, NM Until You Read This!

Hiring certified financial planner in Albuquerque, NM can be a risky business if you don’t know what to look for. There are a wide variety of financial planners and investment advisors that offer a wealth of different services and products. They came from many different backgrounds; some are qualified, some are not. The truth is anyone can call themselves a financial planner, the term is not government regulated. The ones that do hold qualificationscome from a variety of academic and professional backgrounds and generally specialize only in the area in which they are qualified. You really need to do your homework before hiring a certified financial planner in Albuquerque, NM.

Investment Advisor or Financial Planner in Albuquerque, NM?

Individuals or firms that concentrate on advising people about investing in stocks and bonds or securities are investment advisors. They may not be able to help you with estate planning or tax advice, though some might. The field of financial planning is a complex one, as most financial planners are investment advisors, but not every investment advisor is a financialplanner. You should look for any the following qualifications when searching a financialplanner in Albuquerque, NM:

  • AEP (Accredited Estate Planner)
  • CPA (Certified Public Accountant)
  • PFS (personal Finance Specialist)
  • ChFC (Chartered Financial Consultant

In Albuquerque, NM a financial planner may be limited as to what products and services they can offer you. Some of the products they could be qualified to advise you to invest in are not even securities. Before signing any agreement with a financial planner or investment advisor you should fully investigate their qualifications. This includes asking them what they are, seeing documented proof, and finding out what those qualifications mean. To fully protect yourself and your money, contact the organization that certified them and inquire as to whether they are still in good standing.

Understand How Your Albuquerque, NM Financial Planner Will be Paid

It is very important that you understand from the beginning how the planner or advisor
you are working with will be paid. Some charge an hourly rate, some a flat fee, others commissions from your investments, and some a combination of all three. Being clear up front will save you from any surprise charges and reduce the chance of any confusion in the future. Each method of payment has its own pros and cons, but you should choose one that you are comfortable with. Shop around a bit and don’t be afraid to ask questions. That way you will be sure you hire the best certified financial planner in Albuquerque, NM to fulfill your needs.

G. Anthony Harrigan Recognized As A Top Financial Advisor By Lpl Financial

Boulder, CO – February 16, 2010 — G. Anthony Harrigan, an independent financial advisor at Impact Wealth Advisors Ltd in Boulder, CO today announced that he was recognized as a top financial advisor and named to the LPL Financial Patriot’s Club.  This distinction is based on a ranking of all registered advisors supported by LPL Financial, the nation’s largest independent broker-dealer*, and is awarded to less than ten percent of the firm’s 12,027 advisors nationwide.

“We congratulate Anthony for achieving this prestigious recognition, which is based on how successful advisors are in growing their businesses by delivering the services and solutions their clients need,” said Bill Dwyer, President of National Sales and Marketing for LPL Financial.  “Members of the Patriot’s Club are among the premier financial advisors in our industry. They serve as trusted resources and counselors for their clients and their communities.”

G. Anthony Harrigan is affiliated with LPL Financial and provides access to conflict-free financial planning services, investment advice and asset management services to clients in the Boulder/Denver area.

About Impact Wealth Advisors Ltd
Impact Wealth Advisors Ltd provides comprehensive, fee-based wealth management services that simplify your life so that you can focus on the things that matter most.

About LPL Financial
LPL Financial is one of the nation’s leading financial services companies and largest independent broker/dealer (based on total revenues as reported in Financial Planning magazine, June 1996-2009).  Headquartered in Boston, Charlotte, and San Diego, LPL Financial and its affiliates offer industry-leading support to more than 12,000 financial advisors and over 750 financial institutions who, in turn, provide independent financial advice to millions of Americans.


* Based on total revenues, Financial Planning magazine, June 1996-2009
Boulder Wealth Management, Boulder Financial Advisor, Boulder Financial Planner, Boulder Financial Planning, Boulder Retirement Planning

A Stepping Stone towards Business finance with QuickBooks Tech Support Phone Number

In advanced modern days, business entrepreneurs are using advanced technical and featured software tools to keep their business world efficient, well versed business and profit gaining. The latest market trends is full of amazing techniques and advanced tools that help a lot in business growth and functioning almost all features of a corporate business world. QuickBooks as known accounting software is collection of secretarial beneficial software that deals business entrepreneurs the chance to attain all of their bookkeeping software requirements. Many of the featured functions and successive progressive options that are considered in this package are mystifying and exceedingly unprecedented for the entrepreneurs to work over and reform for their corporate that is why the turn to professional advices and recommendation. Defining which professional expert to exploit can actually be quite hard to consider.  

QuickBooks software program is authorize training and counsel program to learn how to take advantage of extremely advanced functions and distinctive attribute of QuickBooks software.Business man should initially feel certain that any skilled professional considered is fully authorize by QuickBooks software. The known software companies have full extensive information about training programs that experts are able to take a part in to increase their skills and be esteem as a ProAdvisor upon completion. Most dedicated professionals promote this suggestions which is advantageous in being able to ensure their skills are corporative and fully effective as needed. Get whole ideas using help of QuickBooks Tech Support Phone Number for your purchased QuickBooks Accounting Bookkeeping software.

QuickBooks ProAdvisor program contains Information as follows-


This innovative feature provides online Bookkeeping to help your online customers. The features avails online bookkeeping professionals who can give instructions you to handle your customers live on web.


Authorized tutorials and training Programs offered to make awesome understanding about QuickBooks software features and characteristics of QuickBooks accounting software that you can become a QuickBooks professional expert.


Get online live support using chat messengers to provide solutions regarding   your queries and problem. This is the best way to get solutions of your entire queries and whenever you require. With QuickBooks Payroll Support Phone Number to get ideas about your QuickBooks accounting software.


The advantageous authorized your skills and provides a stage that is ProAdvisor site to get registered and spread your knowledge with QuickBooks Accounting software. This facility provide you to explore your experience about QuickBooks.

  • Organized Service delivered from the experienced should create innovative as well.
  • The kinds of features proposed from experts are mostly grounded on the need to ensure that any process of support being required later is preferably suitable for actual need of entrepreneurs.
  • Imitate or straight choices are the most collective and both can be pretty useful in making decisions efficient.

The complete package of QuickBooks technical software help should be concern if it suits the expenses. Recompense for skilled professionals supervision is really tough for business entrepreneurs to arrange on their limited fund. Cost effective professionals who provides sensational advice and solutions support their clients to manage their financial plan in efficient manner. However, QuickBooks Proadvisor Support Number for your any technical issues regarding QuickBooks software handling.

How to Get a Small Business Loan with Bad Credit?

If you want to secure a small business loan, keep the fact in mind that most lenders will want you to demonstrate your repayment ability. They will also ask you to provide necessary information such as credit history, equity investment, collateral and business management experience so that they can be assured of your ability to repay the funds.

If you are not able to provide such information or have bad credit, it goes without saying, you will not get the loan from traditional banks. Practically speaking, in this unstable economic condition, small businesses with bad credit have to face a number of difficulties in getting their applications approved by traditional banks. Thus, procuring working capital with such credit history seems near to impossible take for small business owners. This situation puts businesses into debt, harming their credibility in the market.

However, if you still want financial assistance in order to establish or expand your business, you should approach lenders willing to provide the funds regardless of your financial history.

Here is what an alternative lender can do for you.

Alternative lenders offers small business loans for owners seeking working capital for establishing a new franchise, refurbishing existing franchises, purchasing or leasing new equipment, upgrading to latest technology, to name a few.

They understand your situation and provide you the best possible assistance. Along with this, they offer a number of advantages such as:

  • Fast approvals
  • Minimum turnaround
  • Easy application process
  • Flexible repayments
  • Competitive interest rates
  • No collateral
  • Pre-approved equipment finance for potential franchises

There are many lenders known for offering secured and unsecured small business loan in Perth. Secured loan is a type of loan option in which you have to provide some asset as collateral. You will be able to procure loans ranging from $150K to $10M from alternative lenders regardless of your credit history.

On the other hand, unsecured loan requires no collateral. In this case, interest rates are considerably higher than secured loan because there is no collateral. There are many alternative lender providing unsecured loans up $10,000 to $ 500,000 for any business purpose.

So, what you are waiting for? Approach a reputed lender—like GCC Business Finance—to get small business loans in Perth. The company, GCC Business Finance, has credibility in the market to provide loans at the most competitive rates that help business owners execute their work in an efficient manner. Along with this, the firm provide flexible repayment options suiting your requirement. Contact the firm right away for more information.

Property Investment Advice in Melbourne

Property Investment is a big finance related task and needs to be worked out in the most meticulous and planned way. Property investment usually involves investment into properties of varied kinds depending on the future planning. The idea of property investment is a great one if you are willing to invest the extra finance to get great returns. There are many essential requirements and assessments which need to be understood before investing in properties. You can always look up for a property investment advisors who can help you out in the processing andmanagement of your finances.

Various points to consider when investing in properties

There are many points that one should ponder into before investing in properties which include

1.Planning your finances

2.Choosing the property which is right for you

3.Look up for an agency or a property manager

4.Analyze and understand the risk involved

5.Make your properties attractive to enhance the attention from the people who want to rent

6.Keep a continuous track of your finances and risks involved

There are many agencies and managers who provide you with all the advice you need for property investment in Melbourne or in any other areas.

Property investment advice in Melbourne

People in Melbourne are known for opting in buying property as the best method of investment. This is one of the ways of getting great returns for your investment after renting or re-sale. Hiring the correct people for advising you need to hire advisors to give you information on the pros and cons of property investment. These advisors help you in targeting the right property at the right place and on the right time. Property investment advisors not only help you in management of your finances but also provide you with advises on the futuremanagement of the property and finances.
The property advisors help you in budgeting and locating the best properties which can lead to the best returns of your investment. In case of re-sale, they also assist the customers in advising and spotting people who are interested in buying properties. The property advisors assist the customers throughout the process of property investment which starts from finance management, locating the best properties, renting and re-sale advising and much more.

Hiring reputed property investment advisors is the best way to go ahead and stay relaxed when it comes to various decisions and risk assessment advice related to property investment. They help you throughout the process and also in the later parts of financialmanagement. The advices from the experts are based on the experience and research in the field. You can be completely relaxed and confident with your investment decisions. So if you are planning to invest in properties, the best way is to look up for property investment advisors to make your journey smooth and less bumpy. You will be well aware of all the risks involved, tips to manage your finances and enjoy all the benefits associated with property investment.

CMA – an international high-profile education in Finance Management

Are you dreaming to head a Finance Empire in future? A traditional master degree in finance may not be adequate to help you reach your goal. The reason behind is top positions in FINANCE is generally restricted to Professional Accountants. Even an MBA (Finance) from a top B school is, often, not considered as an optimum qualification for this purpose.

To be a Professional Accountant, you neither, always, have to be a Public Accountant (Auditor) by struggling for 5-8 years including your article ship period nor you need to get disappointed by repeated failures in  examinations and eventually turning nowhere with a demoralized, half-accountant status as it happens to majority of the aspirants.

A faster yet challenging CMA (Certified Management Accountant) route provides you faster earning opportunity. By the time your friends pass the auditing exam, you would earn Rs 20-25 lacks and occupy 1-2 level positions above them.

Management Accountants are also Professional Accountants and learn the same body of knowledge the Public Accountants learn. Although the CMA exam is held by IMA, US, a student can take the preparation and appear for an online exam from any part of the globe.

The best features of CMA are

  • It is a compact examination consisting of only 2 papers.
  • The syllabus is focused to the needs of the modern world of finance.
  • There is facility to appear for the exam online from any metro city.
  • CMA has international brand value.
  • It is officially equivalent to ICWA (India) if the student appears for CMA from a country outside India.
  • Job opportunity of a CMA is huge.
  • CMA is a quite affordable exam.
  • Classroom Coaching or coaching in distant mode is available. (www.ifcpld.com)

Even Harvard, IIM, XLRI graduates do this robust, convenient, industry-relevant CMA (US) to extend their career choice in finance functions.

Why CMA is only a 2 papers exam?

The world is moving in faster pace nowadays and most of the students neither have the patience nor the time to face many shorter exams over number of years. Hence, all American exams including CMA have evolved, in a scientific manner, as compact exams encompassing all subject areas within fewer papers. It requires hard work over a shorter period to pass the exam. CMA is an internationally portable qualification – a passport to work in all countries, including US.

CMA can be extremely beneficial for

  • Current MBA students / MBA aspirants – CMA will be synergic with MBA as it will help them do very well in Financial Management, Cost & Management Accounting, Corporate Finance, Security Analysis & Portfolio Management, Financial Institutes and Markets, International Finance & Derivatives and Management papers of the MBA examination. However, students doing CMAs will not need to do an MBA (Finance) as it automatically covers most areas of MBA (Finance).
  • B Com / M Com students – CMA will help you separate yourself from other lacks of MBAs. With a CMA, you can work in any area of Finance or Accounting in Managerial positions. CMAs drive performance in business – auditors just express opinions. Even an ordinary MBA (Fin), MFC, B Com, or M Com can have extraordinary career with the international CMA. CMA alone can get you all the material benefits life and job has to offer. The CMA option will save substantial money for the B Com/B Sc graduating students and they will start working early.
  • CA aspirants – Cost of doing a CA over an average 4.5 years period is Rs 23.54 lakhs including the opportunity cost of lost earning (as compared to a CMA) during CA studentship.
  • IT professionals – A good programmer with an additional CMA qualification will be a hot cake in the international job market. If you want, you may also move to the career line of a Finance Manager or MIS Manager where your IT background will be accepted as a plus.
  • Ambitious Science/Engineering graduates who have a knack in finance and dreaming to hold a prestigious position with a handsome salary as early as possible.

So, do not wait for your chance to come anymore. Go and grab your dream through the CMA way of success.

How a Financial Advisor Can Help You Save for Retirement

When you are young, it can be difficult to look past the weekend. Even someone in their mid-twenties or early thirties might struggle with planning long term. It is only once you settle down, start a career, and maybe get married and start a family, that the necessity for planning ahead really comes into focus. There is an intense need for future-proofing your finances, and the best way to do that is to plan for retirement as early as possible. Doing so, though, is easier said than done. Most people don’t have a background in finance, which makes planning for retirement even more difficult. That is why hiring a financial advisor in Greenville, SC, is paramount to your future retirement success. If you haven’t considered hiring an advisor before, here are a few ways that one can help you successfully set yourself up for a healthy retirement.

They Can Help You Invest

One of the most important ways a financial advisor can help set you up for a healthy retirement is by helping you invest in the right portfolios. Investing is a great way to watchyour money grow from a small, modest sum into a number that can sustain you throughout the rest of your life. Even better, a trained financial advisor can listen to your desires and invest either very conservatively or very aggressively. They are at your beck and call. They are there to serve you, which means that you call the shots. Regardless of how you invest, you can rest assured that your financial advisor has your best interests at heart, and that you’ll be adequately prepared for retirement when that time comes.

They Help You Look Forward

As previously stated, it can be hard, even for forward-thinking individuals, to conceptualize the future in concrete terms. When you ask someone to visualize what their life looks like twenty or thirty years down the road, most people would have some difficulty coming up with a concrete answer. A financial advisor, though, is paid to do just that. They are experts at taking the nebulous future and helping create a shared vision that you can then work toward. So while your financial future, especially when it comes to retirement, might look cloudy and murky right now, a professional retirement specialist has the expertise and training necessary to ensure you are able to see with clarity and hope so you can start the saving process.

They Can Get You Started

As with most things in life, getting started with the retirement process is usually the hardest part. Once you’ve got the ball rolling, though, the process is incredibly smooth and easy to manage. However, most people simply don’t get the ball rolling in the first place because they are at a loss as to where they should begin. That is where a financial advisor in Greenville, SC, comes into the picture. You won’t need to sweat the details and you won’t need to worry about a starting point when you rely on the expertise of a financial advisor because they can lay out several valid options before you and help you choose the one that best fits your current situation. The worst things that you can do when it comes to saving up for retirement is putting off your initial investment because you don’t know where to start and thinking that things will eventually take care of themselves, leading you to inaction. The best way to get around these faulty ways of thinking is to hire an advisor who can get you set up for a healthy retirement. It is a choice that you won’t regret making.

Benefits Of Hiring Financial Advisers In Maidstone!

When you are arranging investment strategies, the most imperative is sound monetary investment guidance. This is the place where a self-governing monetary guide can be useful. An autonomous financial advisor is somebody who works in a no-conflict environment. They can give diverse sorts of monetary exhortation in a fair-minded way to the customers. These counsels are managed by Financial Services Authority (FSA), which guarantee that their practice is moral and lawful. They have a commitment to give purposes behind the money related suggestions given.

There are numerous benefits in enlisting a free money related aide. You need sound speculation techniques and such a guide has the abilities to build up an exhaustiveframework of your budgetary status, which will consider all qualities and shortcomings. They will give a commendable investment technique and you don’t need to stress over what sort of speculations you ought to make and how. Such viewpoints are dealt with by the speculation consultant itself. They will educate you on what stocks, securities and so forth you ought to put your well deserved cash into, what amount ought to be the investment, time of speculation, dangers included etc.

The individuals who need to streamline their investment will observe enlisting a money related counselor to be extremely advantageous. The consultant will delineate investment methodology that is inside of the breaking points of the speculator and screen their speculation, with the goal that they get restrained in their investment exercises. They counsel on vital investment plots that are important for monetary development and it additionally keeps them from placing cash into hazardous speculations that ought to be kept away from.

Decent financial advisers in Maidstone is somebody who is fretted over his or her customer’s future. They will investigate their present contracts to see whether they are fine or of they should be changed. They suggest monetary items that will advantage them in the present business sector situation as well as later on. You can ring your money related counselor for making diverse sorts of investments on different events of your life, for example, marriage, labor and so on.

Regularly speculators look for counsel on certain monetary items in the business sector on which they don’t have data or access. Contracting a money related guide is best for such purposes on the grounds that they will have the capacity to give sound monetary exhortation on budgetary items that you particularly wish to think about. This offers you in concocting redid speculation some assistance with planning. Also, they will exhort if such an investment is justified regardless of the cash spent or not.

Personal Finance 09 – Understand the Characteristics of Short Term Investments

Remember that the government only represents about 30% of our retirement income, the company retirement pension plan offers another 30 % and many of us do not have one. It is up to individuals to invest wisely short and long term in order to make up for the short fall if he or she would like to live comfortably after retirement without giving up some retirement plans. In this article, we will discuss types of short term investment.
There are 3 types of short term investment and their characteristics are as follows:

1. Money market fund
Money market fund is a way of pooling contributions from many small investors and managing them by a professional fund manager working for mutual fund companies with very low fees.
a) Money market fund can be liquid anytime
b) It is one of many saving vehicles because the interest paid by this fund is low, it cannot increase your investment wealth.
c) Since the interest received is low, sometimes it may even fall below the inflation rate.
d) If the money market fund is only an investment plan that is used to accumulate wealth for your retirement, you will eventually go broke because of today’s low interest rate environment and heavy taxation.
e) Money in the money market fund are pooled and moves from lenders to borrowers through money markets, financial institutions, corporations, governments, and central bank.
f) The lenders are usually corporations or institutions with spare cash that can be invested for a short period; the borrowers are those who temporarily need extra funds.
g) Commercial paper and Treasury Bills are 2 widely used instruments in the money market.
2. Government saving bonds
Government saving bonds are issued by the government and sells directly to the citizen via some financial institutions.
a) They cannot be traded (but only redeemed), their value does not fluctuate.
b) They are bought at the face value in the denominations of $100, $300, $500, $1000, $5000, and $10,000 from banks, trust companies, credit unions, and investment dealers.
c) Interest are taxed annually with no commission or fee.

3. Saving account
a) Putting your money into your savings account is considered as the easiest and simplest way to invest by lending your capital to financial institutions.
b) Daily savings account is the type of savings that interest is paid on the daily balance and is compounded monthly.
c) With regular savings accounts, interest is paid on the minimum monthly balance and is compounded every 6 months.

Importance Of Business Finance

Business finance is solitary of the majority of the essence aspects of running and maintaining a concern
. Finances dictate the victory or failure of a concern. If a concern holder does not appropriately keep their concern finances it follows that they will soon investigate problems occur. Business finance is something with the purpose of all concern holder be obliged to deal with and understand.

Part of concern finance is setting up proper cash stream. A concern holder needs to obviously describe their accounts receivable and accounts payable. They need to keep a steady and balanced cash stream next to all epoch. This resources they be obliged to not at all consent to your accounts payable exceed theiraccounts receivable in one agreed month.

A concern holder be obliged to and carefully cope their debt. They be supposed to not at all consent to their debt develop too high ranking or prohibited of control. They be supposed to keep regular payment schedules to ensure they get something done not fall behind on repaying one debt.

Keeping fair and concise records is exceedingly of the essence to keeping concern finance under control. A concern holder be supposed to either hire a proficient or manage a number of type of accounting workstation software to keep accounting records.

It is of the essence on behalf of a concern holder to keep a concern financial plan, much like they would on behalf of their household. This will help them ensure they are keeping track of all the money advent in and on offer prohibited of the concern. This is a nice method to steer clear of getting too much debt.

Proper make a recording keeping can and help prohibited be supposed to the concern holder need to develop a give somebody an advance of. Lenders have a preference to suffer records to refer to what time making a decision on a give somebody an advance of, especially on behalf of a concern. Businesses are seen as risky as they can without difficulty fail. Lenders like to investigate attestation with the purpose of they concern is burden well or next to slightest a forecast with the purpose of shows considerable attestation the concern will get something done well. This is come again? Nice make a recording keeping does.
Business finance is something many group perform not think too much something like after first a establishment. This is why so many businesses fail. When a establishment is absolutely first up lenders like to ensure a skilled establishment map in place, as well as a monetary map. This shows the establishment possessor is really understanding all to is involved with taking a establishment winning.

Every establishment possessor ought to take their establishment finances in mind on all period. Money is the biggest indicator of star in establishment, so it makes get the impression instead of to be individual of the top priorities of a establishment possessor. For proper establishment finance a establishment possessor ought to assert records instead of all of the money obtainable in and imminent outmoded of the establishment. They ought to track all sum unpaid and money payable to the establishment, as well. By practicing skilled establishment finance, a establishment possessor is obtainable to be individual step closer to ensuring their establishment succeeds.

Knowing The CFP Exam Prep

Let’s say in the financial planning sector the competition amongst financial planners is increasingly high and the only way for you to stand strong is to earn the Certified Financial Planner (CFP) certification. Owning the Certified Financial Planner Certification designation is the definitive mark of one’s competence in his or her career in the financial services industry. Most clients and employers prefer to be working with those you have earned the CFP certification. Anyone can be a financial planner but not everyone is certified.

Certified Financial Planners are licensed by the Certified Financial Planner Board of Standards and members of the Financial Planning Association. They are licensedprofessional who were able to complete the formal CFP course program and most of all passed the Certified Financial Planner Certification Examination. Earning the Certified Financial Planner designation is the best way for financial advisers to differentiate themselves from their competition. Becoming a Certified Financial Planner (CFP) can provide a boost in one’s professional credibility and can open up more doors for job opportunities. This CFP certification will also imply to your potential clients and employers that you were able to earn the highest level of professionalism, competency and ethical practices that you vital in the financial services industry.

Therefore, it is a must that you have a good CFP Exam prep so that it will easier for you to go along with your goal. The Certified Financial Planner Board of Standards has specified some requirements that you must complete in order for you to be qualified to take the Certified Financial Planner Certification Examination. The Certified Financial Planner Exam is administered by the Certified Financial Planner Board of Standards. This certification exam covers over a hundred of financial planning and financial services topics. This basically covers all aspects of financial services.

The CFP Exam is10 hours long that is given in 2 days. There will be one four-hour session on Friday and two three-hour sessions on Saturday. The exam is consists of 285 multiple choice questions with one case study per session. The total number of questions that is related to case studies usually varies from one exam to another. But approximately 20% of the exam is consist of case study questions. The criterion for the passing rate of the CFP exam is measured according to the set level of required competency rather than against the scores of other individuals who have taken the same exam.

As you go along with your CFP exam prep you will be able to know more about the exam that you will be taking. It is very important that you have a full knowledge and understanding about the exam that you’re going to take so that passing it will come easier for you. In this way you will be able to prepare for it very well and in return success will slowly come knocking on your doors.

Internationally recognized CFP Certification for Career in Finance

After taking a basic degree in commerce many students either go for chartered accountancy or a post graduate degree in finance. A career in finance is a good career option that not only earns good money but is also considered to be very respectable socially. There are many financial courses that can give specialization and a definite direction to a career in finance. A certified financial planner course is one such very good option for a successful career in finance.

Financial Courses

There are many courses in Finance Management that are available and which have great market value. Some of them are:

Certified Financial Planner

Chartered Wealth Manager

Other courses related to stock trade and analysis for professionals as well as amateur investors to understand stock markets and how they work are also available. Some of those are:

D-SAT or Diploma in Stock Analysis and Trading

Certificates in Technical Analysis

Smart Investor Programs

Certified Financial Planner course

Certified Financial Planner course or CFP is one of the financial courses that are highly in demand because it increases the opportunities for a career in finance in different financial companies. Many banks and banking services, Broking companies, Insurance companies and Financial companies need the services of CFP.

Since the Certified Financial Planner course is of the highest global standards and the certification is recognized worldwide, the student gets the confidence that he or she has got the right training and education to meet the most stringent job requirements anywhere in the world.

The Certified Financial Planner course is a course that gives super specialization to the financialprofessional. The credentials of the Financial Planner gives the clients confidence that his financial planning will be done in the best possible way and that his wealth is in good hands. The certificant who is awarded the CFP Certification is in the enviable position as he begins his career in Finance and joins the global network of Financial Planners.

In India FPSB India is the main body that is licensed to award CFPCM Certification. To be able to get the certificate, the student has to enroll in one of the listed education providers that have been enlisted by FPSB. After getting class room training, reading and study material, a collection of questions, students are required to sit for the exams conducted by FPSB India to get the certification.

The Certified financial planner course itself is divided into six modules and these modules comprehensively cover all aspects of Financial Planning. They are:

• Introduction to Financial Planning

• Risk Analysis & Insurance Planning

• Retirement Planning & Employee Benefits

• Investment Planning

• Tax & Estate Planning

• Advanced Financial Planning

Although an internationally recognized course, due importance and stress has been given to the Indian Economic and Financial scenario and while giving a global training the Indian angle has always been the main focus.

Things you should keep in mind while looking for finance jobs!

Jobs in finance industry are highly lucrative. In earlier times, financial planners had two limited career options-they could either become stock broker or insurance agents. Their career paths were decided and expectations were conveyed. There has been a drastic change since then; there are more career options available in the present scenario. With this, the race to grab the best finance jobs among the aspirants has become even more fierce and competitive.


Preparing for a career in finance requires an individual to be more attentive towards the latest developments and keeping the tab on the current hiring trends (such as skills in demand). A career in finance can be quite tough, but for people who are enriched with great analytical and numerical skills, the journey to a successful finance professional can be quite easy.  If you are planning a career in this, here are few things which you might want to know.

Initial requirements

The finance sector bestows its professionals with high pay packages and excellent career advancement opportunities. Jobs in finance sector can be a hard nut to crack or it can be a cakewalk, a lot depends upon the skills and aptitude of an individual.  There is a great deal of skills, education and efforts involved in getting a job of your choice.

The most basic education requirement to qualify for the finance jobs is undergraduate college degree.MBA finance is one of the most common finance courses to get an entry in such jobs.

Where to look for opportunities in finance?

Finance institutions are present in almost any part of the country. People mostly prefer the metro cities when it comes to finding a job. Below is the list of the sectors where finance jobs can be readily found-

  • Private Equity
  • Investment Banking
  • Hedge Funds
  • Venture Capital
  • Retail Banking
  • Corporate Finance
  • Fund Management

Further, if you are willing to work in a finance job abroad, you should aptly comprehend that most of the companies prefer employees who can speak in the native language. Besides English you must learn a second language to strengthen your candidature.

Expand your job finding resources

Due to the cut throat competition, finding a finance job can be at times an arduous task, but there are a wide array of resources to help you find a job. This is internet driven world and so maximum number of opportunities you can find through internet itself. There are employment sites, online job portals, consultancies and recruitment firms where one can get the list of job openings in a variety of companies.

What are the different entry level positions in finance?

Finance is a diversified sector which offers a plenty of job roles and positions. Finance graduates have a certain level of edge over other career domains as they can strive for a wide variety of entry level positions. Some of the prominent entry level positions in the finance sector are listed below,take a look-

  • Finance Analyst
  • Commercial Lender
  • Financial manager
  • Financial planner
  • Portfolio Manager
  • Security Analyst
  • Trust Manager and so on.

In an entry level job, candidates must not worry about their salary package. In their first job, they should focus more on learning the traits of the trade. Finance industry is tough and so those who have acquired the skills as per the industry demands shall be the one to make their way ahead of others!

Bangalore, an emerging Finance Hub

Bangalore, the cosmopolitan city of India needs no introduction. It has managed to earn a pivotal position in the global marketplace in various sectors, to be specific Information Technology and Biotechnology. Working and living in Bangalore is a dream of many. Dubbed as the ‘Silicon Valley of India’,it remains the most preferred choices for aspiring job-seekers all over the nation. If you thought IT is the only flourishing sector that is luring job hunters, you are simply under estimating the potential of the historical city!


The city has moved beyond IT/ITES and is fast pacing towards becoming an Financial hub of India. Unlike other metro cities of India, Bangalore offers some of the lucrative career opportunities to those scouting for finance and accounts jobs. In the forthcoming paragraphs, we will highlight various aspects related to finance sector jobs and related developments in Bangalore.

Bangalore’s IT success story is known to everyone. So what factors are responsible in emergence of Bangalore as a Financial Hub? Well, easy availability of skilled manpower, prevalent liberal environment and best in place policies have grabbed the attention of various ace finance companies from all over the world. This has directly created a plenty of jobs in this sector and the city is bliss to especially those scouting for accountant jobs in Bangalore.


The foundation for the financial city in Bangalore has already been laid few years back by the finance minister. The IFCI Financial City will be located near the International airport, at the Hardware Park on Bagalur Road. The state has alotted around 50 acres of land for the project which will be developed by IFCI infrastructure Development Ltd, providing all facilities in association with the banks and financial institution. The govt is hopeful that once all developments are accomplished, it will further bring in more foreign investments and would generate a large number of job opportunities, ranging from accountants to financial advisors and counsellors to financial planners.

Home to many banks and financial institutions

Major players of financial sector which are operating in the city include-JP Morgan, Northern Trust, Societe Generale and Goldman Sachs. Beside, city houses various local finance and insurance companies, financial services consulting firms, bank headquarters, merchant banks, stock brokerage firms and much more. All these together account for innumerable accounting and finance jobs, thus, providing employment to large number of people.

Some of the top financial institution and banks in the city-

  • City Union Bank
  • State Bank of India
  • Canara Bank
  • State Bank of Mysore
  • Bank of India
  • National Cooperative Bank
  • ICICI Bank
  • Reliance World
  • HDFC standard Life
  • Share Khan
  • Max New York Life
  • ICICI Direct Securities

What are the different available jobs in Finance sector of Bangalore

Bangalore gives a warm welcome to freshers and professionals seeking a job in finance sector. If you will go through any of the job boards, you will realize there are a plenty of accounting jobs in Bangalore for freshers as well as for working professionals. Apart from accounting jobs, you can easily find jobs like financial analyst, auditor, finance manager, executive jobs, legal advisor, trainee jobs, among others.

Salary Information

The finance sector pays really well to employees in distinct functional domains and verticals.For instance, an accountant would draw an annual package of Rs 2-3 lakh per year while a position of financial advisor would fetch an annual income of Rs 3-4 lakh.

Benefits of Engineering and MBA in Finance

Like most engineering students, I thought pursuing M. tech or GRE would be the best options for me. Probably my thought was dominated by the conventional approach followed by everyone. I almost overlooked the option of obtaining an MBA degree after the completion of my engineering. If I talk about the prevailing job market, I have inquired that only technical skills are great to get you a job, but they are not enough to guarantee you a steady growth in your future or escalating the growth levels in the corporate world.

After finalizing on the fact that I would pursue MBA, it took me some more while to decide what to specialize in. There was Human Resource, Marketing, Finance, etc. I narrowed it down to finance after a lot of analysis and research. It was a difficult decision indeed, as I very little knowledge of commerce and economics and I knew competing with students form commerce background. I came to know that top management colleges of India have a large number of students coming from non-commerce background and successfully complete MBA with finance specialization.

I realized that the mathematical and analytical skills that an engineering student acquires in this B. tech degree, gives him a better understanding of the subjects like accounts and economics. In most cases you can co relate problems with real life scenarios. This is actually one of the most sought after degree and you have the option to get into finance and any other sector where there is need for finance. You can easily be posted as accounts, bank and finance manager of companies.

To secure a strong future in any company or even if you want to start your own business, knowledge of finance with the technical background of engineering you would be in a better position to understand the market scenario since you will be well versed with the concepts of supply chain, business law, accounting, portfolio management, etc. One of my batch mates from the Institute of engineering and technology has started his own venture and he says his MBA in finance has added value to his career, as he too, is from engineering background.

Another benefit of an MBA degree in finance is that you are not confined to jobs from only one sector, you can get into other finance job as well.  so if you are still contemplating, I would say it is worth a try and go for it!

Problems and Difficulties in Capital Budgeting

Problems and Difficulties in Capital Budgeting

*Dr.P.Shanmukha Rao  **Dr.N.V.S.Suryanarayana

Capital Budgeting may also be defined as “Thedecision making process by which a firm evaluates the purchase of major fixed assets. It involves firm’s decision to invest its current funds for addition, disposition, modification and replacement of fixed assets.

“Capital budgeting is concerned with allocation of the firm’s scarce financial resources among the available market opportunities. The consideration of investment opportunities involves the comparison of the expected future streams of earnings from a project with immediate and subsequent streams of expenditure for it”. The problems in capital budgeting decisions may be as follows:

a)     Future uncertainty: Capital budgeting decisions involve long term commitments. However there is lot of uncertainty in the long term. The uncertainty may be with reference to cost of the project, future expected returns, future competition, legal provisions, political situation etc.

b)    Time Element: The implications of a Capital Budgeting decision are scattered over along period. The cost and the benefits of a decision may occur at different points of time. The cost of a project is incurred immediately.  However, the investment is recovered over a number of years. The future benefits have to be adjusted to make them comparable with the cost. Longer the time period involved, greater would be the uncertainty.

c)     Difficulty in Quantification of impact: The finance manager may face difficulties in measuring the cost and benefits of projects in quantitative terms. For example, the new products proposed to be launched by a firm may result in increase or decrease in sales of other product proposed to be launched by a firm may result in increase or decrease in sales of other products already being sold by the same firm. It is very difficult to ascertain the extent of impact as the sales of other products may also be influenced by factors other than the launch of the new products.

Assumptions in capital budgeting:

The capital budgeting decision process is a multi-faced and analytical process. A number of assumptions are required to be made. These assumptions constitute a general set of conditions within which the financial aspects of different proposals are to be evaluated. Some of these assumptions are:

  1. Certainty with respect to cost and benefits: It is very difficult to estimate the cost and benefits of a proposal beyond 2-3 years in future. However, for a capital budgeting decision, It is assumed that the estimates of cost and benefits are reasonably accurate and certain.
  1. Profit motive: Another assumption is that the capital budgeting decisions are taken with a primary motive of increasing the profit of the firm. No other motive or goal influences the decision of the finance manager
  1. No Capital Rationing: The Capital Budgeting decisions in the present chapter assume that there is no scarcity of capital. It assumes that a proposal will be accepted or rejected on the strength of its merits alone. The proposal will not be considered in combination with other proposals to consider the maximum utilization of available funds.

The next step in the capital budgeting process is to various proposals.  The methods, which may be used for this purpose such as, pay back period method,Rate of return method, N.P.V and I.R.R etc. The project should be accepted if NPV is positive it should be clear that the acceptance rule using NPV method is to accept the investment project if its net present value is negative (NPV CASH OUTFLOW).  The positive net present value will result only if the project generates cash inflows at rate higher than the opportunity cost of capital.  A project may be accepted in NPV = 0.

The internal rate of return (IRR) method is another discounted cash flow technique, which makes account of the magnitude and timing of cash flows. Others terms used to describe the IRR Method are yield on investment, marginal efficiency of capital, rate of return over cost, time adjusted rate of internal return and so on. The concept of internal rate of return is quite simple to understand in the case of one-period projects. The IRR is calculated by interpolating the two rates. The accept project rule, using the IRR method, is to accept the project if its internal rate of return is higher than the opportunity cost of capital (r>k) note that k is also known as the required rate of return or cut-off rate. The project shall be rejected if its internal rate of return is lower than the opportunity cost of capital.

The project study is undertaken to analyze and understand the Capital Budgeting process in power sector, which gives mean exposure to practical implication of theory knowledge. To know about the company’s operations of using various Capital Budgeting techniques. To know how the company gets funds from various resources.

The financial management is essentially concerned with the planning and   controlling of the financial resources of a firm. It expresses the procurement of funds along with their efficient use in order to maximize the firm’s benefit. The assets have two broad classification viz.,

Marketing Jobs for Freshers, Finance and BPO are Extremely Good Options for The Youngsters!

Now a day, Marketing is the key function of the service sector. Each and every organization need marketing, and therefore there exists a infinite amount of marketing jobs for freshers. The level of educational qualification required for an entry level marketing jobs is not unusually high. The most emerging sector for jobs in India is marketing due to the fact that one can work in various fields, in this sector, and the qualification criteria can be easily met. In this sector, the vacancies exist mainly for sales executives, business development executive, marketing executives, sales officer, sales manager, area sales manager, regional sales manager, zonal sales manager, national sales manager, relationship manager, assistant marketing manager, marketing manager, product manager, marketing coordinator, marketing communication executive etc.

Some of the marketing job vacancies in India can be seen as follows:

•    Product Manager – Server in HCL
•    Manager Marketing – Data Patterns
•    Business Development Manager – Yahoo India

In India, finance jobs are also gaining impetus owing to the increasing number of finance people in every sector. Vacancies in Finance exists for Freshers, MBA, Accountant, Seniors etc. in all cities be it Ahmedabad, Mumbai, Pune, Kolkata, Chennai, Cochin, Bhubaneshwar, Jaipur, Hyderabad etc. The demand of human resources with finance specialization is increasing in every industry besides banking. Hence, these jobs are not limited now to the banking sector. Company’s profitability is directly linked with the finance jobs in India and hence qualification of candidate plays a vital role in this sector.
Finance jobs in India are created to enhance the profitability of the company. Different Job professionals Company allot different jobs to different finance professionals and all these work together to strengthen the Company’s profits. Finance job should be such which take care of the person’s qualifications and person’s demands, properly.

Basically, these job vacancies exist for finance executive, finance officer, accountant, Manager- Accounts, Financial Analytics, Business Analyst, Manager- Finance, Assistant BranchManager etc. These jobs are highly promising for the youngsters but they require higher level of commitment.

Business Process Outsourcing is renowned for creating job opportunities in many developing countries. In India, there has been a remarkable rise in the number of BPO jobs for freshers. The growth rate of BPO is considered as a symbol of talent and skilled human resources available in India. In India, the employment conditions have been improved by the BPO jobs significantly. Not only employment, but BPO has played a vital role in expanding the opportunities in marketing, HR technology, and quality and migration professionals, as well. BPO has opportunities for fresher from all the disciplines which is the biggest advantage in this sector.

Company’s profits get soar up by the Finance jobs, and youngsters are the most potential employees. Finance jobs for freshers are getting momentum due to its high demand in almost every sector of India. In most of the company’s finance professionals are highly intelligent and belongs to creamy layer.