If you are running a business, managing an IT project, designing, or improvising any business process, it’s very much likely that you will have to deal with financial concepts and financial lingo. Modern processes are integrating every aspect of the business from in receiving, warehousing, inventory control, production, sales, delivery, billing, and collection, in fact, the entire suite of accounting and management. Learn why you need to master finance.
A financial asset is a financial claim, an intangible asset that derives value because of a contractual claim. Learn about financial assets and the role the banking industry plays in the financial assets market. Learn about various types of financial assets and their importance in terms of the banking industry.
Learn what we mean by financial institutions and financial intermediaries. Learn the two main classifications of financial institutions and understand the significant distinction between depository and non-depository financial institutions. Learn how the financial system works and understand the concept of financial markets.
As the name suggests, non-depository intermediaries don't take deposits. Instead, they perform other financial services and collect fees for them as their primary means of business. Learn more about various types of non-depository financial intermediaries and how they work.
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. A financial market is a word that describes a marketplace where bonds, equity, securities, currencies are traded. It includes stock markets, indices futures, commodities, and financial futures. Financial markets exist to bring people together so money flows to where it is needed most. Learn what we mean by financial markets and why we at all need them? Understand the major benefits provided by these markets and see some examples of various types of financial markets. Understand the difference between primary and secondary markets.
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