What is Finance and Banking? Finance and Banking A to Z
With the economic integration trend and career diversification, Finance and Banking is one of the potential programs in annual enrollment seasons. It is also one of the critical programs that are attracted and chosen by many students. So, what is Finance and Banking? How difficult is it to learn Finance and Banking, and what are the job opportunities for Finance and Banking? Read the article below to understand this field of study better!
What are the career options for Finance and Banking?
What is Finance and Banking?
Finance and Banking is a broad field, for it is related to all activities and transaction services in finance, money circulation, and operation.
In simple words, it is a monetary business operation implemented through banks and specialized financial instruments to perform all financial transaction services such as payment, guarantee, and domestic and international payment.
Finance and Banking has many specialized majors such as Banking, Corporate finance, Insurance finance, Tax finance, Financial analysis, Financial economics… Regardless of the changing economic landscape, Finance and Banking is always essential for the economy.
Finance and Banking is the operation of the monetary business through banks and specialized financial instruments.
In addition, Finance and Banking is closely related to money circulation services, playing an essential role in guiding a country’s strategy and monetary policy.
2. How difficult is it to learn Finance and Banking?
As the Finance and Banking program is related to finance and currency, how difficult it is to learn it is what many students question.
Finance and Banking equips students with knowledge about financial management, currency, banking management, and business management, as well as an understanding of the economic operating processes and how to analyze statistical analysis, statistical forecasting, tax accounting, insurance in banks…
The Banking and Finance program provides students with general and specialized knowledge. Some common subjects are Accounting Principles, Banking and financial management principles, Macroeconomics, Auditing, Financial statements analysis, Taxation, Monetary finance, Financial markets, and other banking operations such as guarantee, discounting, factoring, and financial leasing.
Besides, the program allows students to train professional skills such as communication, case handling, critical thinking, financial statement analysis, strategic thinking, customer communication, and product introduction skills.
Finance and Banking requires students to have the necessary qualities such as accurate calculation ability, logical thinking, and carefulness,…
Therefore, whether Finance and Banking is complicated depends on each person’s ability and capacity. Below are some essential qualities for Finance and Banking for reference:
● Ability to calculate accurately and think logically;
● Ability to withstand high pressure;
● Careful and meticulous skills;
● Ability to organize and manage time effectively.
3. What are the career options for Finance and Banking? What are the job opportunities in Finance and Banking?
So what are the career options for Finance and Banking? Finance and Banking is a financial intermediary to ensure that all the system activities work smoothly and continuously; it plays a helping hand in developing a sustainable financial economy. Therefore, the Finance and Banking graduates have many opportunities to take on many different positions in diverse fields, such as:
● Banker
● Auditor
● Financial advisor
● Property appraiser
● Internal control specialist
● Risk analyst
● International payment specialist
● Finance and business analysis specialist
Finance and Banking offers many career options for students
Most universities have changed their teaching methods by combining theory and practical practice in their programs so students can have various job opportunities and be good banking and finance specialists after graduation.
As for Hoa Sen University, its Finance and Banking program meets the ACBSP accreditation standard (USA). All majors are taught entirely in English. Besides, the university always focuses on students’ practical ability, encouraging independent thinking and teamwork. The Finance and Banking program at Hoa Sen University offers students the opportunity to practice or work officially at large companies and banks such as Sumitomo Bank, Vietcombank, VPBAnk, HSBC, DongA, Sacombank, Maritimebank; Securities corporations such as HSC, SSE, MBS; or Auditing firm such as KPMG, PwC; …
The article above has provided information about Finance and Banking, career options, and job opportunities after graduation. The financial experts believe that Vietnam’s finance and banking industry will grow strongly in terms of scales of operations and human resources. It is a high potential opportunity for students to choose the Finance and Banking program!
