Financial risk management includes the identification, measurement and control of financial risks. Due to the negative impact of financial risks on economy, finance and even national security, at present, many large enterprises, financial institutions and organizations, the state and financial supervision departments are actively seeking financial risk management technologies and methods to effectively identify, accurately measure and strictly control financial risks. With the modern economy becoming more and more dependent on the financial industry, financial risk management has become one of the core competitiveness of industrial and commercial enterprises and financial institutions, and has also become one of the important topics of academic research and concern, including mathematics, information science, financial theory and practice.
Question 2: What's the difference between finance and financial management? There are several differences between financial management and financial major. Financial management is a Sino-British cooperation. If you study this subject in a junior college, after graduation, in addition to the junior college certificate, you can also get the professional title certificate of British institutions on finance. If you take an undergraduate course, you don't have that title certificate. Then their questions are different. There are few multiple-choice questions in the financial management exam, which are basically subjective questions. It can be said that there are many exam styles in Britain. Ha ha. Then it's exam time. Manage money four times a year. As usual, finance is twice a year (I remember that only Beijing has financial management, so I will tell you according to the situation in Beijing, hehe). That's basically it. More specific policy information can be found on the website of Beijing Education Examinations Institute.
Finance originated from economics, but now it has become an independent discipline with its own research methods. Modern finance, like economics, starts with the rational behavior of micro-subjects (behavioral finance considers irrational behavior), constructs a market equilibrium system considering time and uncertain factors, and investigates the mechanism and role of the financial system in the intertemporal allocation of resources. But finance is different from economics. For example, the non-arbitrage analysis commonly used in financial asset pricing is actually more general than the supply-demand pricing analysis in economics and easier to realize in the market. Another difference between finance and economics is that the former considers random factors in the market, so the expectations of market participants play an important role in it. The concept of economy is much broader than finance, which is a small branch of economy. It only has its own focus. Finance majors mainly cultivate basic knowledge of financial insurance theory and master financial insurance business technology. Be able to use the general methods of economics to analyze financial and insurance activities and deal with financial and insurance business, and have certain comprehensive judgment and innovation ability. You can work in central banks, commercial banks, policy banks, securities companies, life insurance companies, property insurance companies, reinsurance companies, trust and investment companies, financial leasing companies, financial asset companies, group finance companies, investment fund companies and financial asset companies.
My main research fields in finance are monetary banking, commercial bank management, central bank, international finance, international settlement, securities investment, investment project evaluation, investment banking, corporate finance and so on.
Question 3: What is financial management? I don't need to say the written meaning of finance. The one upstairs is detailed enough. Let me tell you something practical. Finance is nothing but banks and stocks. If it doesn't matter at home, I advise you not to apply for this kind of major. The society is too dark, unless you study the super-awesome kind, your school is better, and you must be admitted to graduate school, otherwise there is no chance.
Question 4: What is the specific content of enterprise financial management? 1, the basic content of corporate financial management: investment decision; Financing decision; Asset management decisions.
2. The basic organizational forms of enterprises: sole proprietorship, partnership and company system.
3. Advantages of corporate enterprises: limited liability; Easy to raise capital; Transferability of ownership; Persistence; Management specialization
Disadvantages: double taxation; Insider control; Information disclosure.
4. The company's goal is usually to maximize profits, strictly speaking, to maximize shareholders' wealth. 5. Financial system: money market and capital market; Debt market and stock market; Primary market and secondary market; Stock exchanges and OTC markets
Field.
6. Financial instruments: debt securities; Capital security; Derivative Securities
7. Interest rate risk structure: default risk, liquidity, taxation and option characteristics.
Question 5: What does the financial management major do? Main courses of financial management: main courses of economics: political economics, western economics, finance, international economics, monetary banking, international financial management, securities investment, insurance, business management of commercial banks, central banking, investment banking theory and practice, etc. Main practical teaching links: including course practice, graduation practice, etc. , generally arranged for 6 weeks. [1] Professional training objectives and requirements: This major trains professionals with theoretical knowledge and business skills in finance, who can engage in related work in economic management departments and enterprises such as banking, securities, investment and insurance. Training requirements: Students in this major mainly study basic theories and knowledge such as monetary banking, international finance, securities, investment and insurance. I have received basic training in related businesses and have the basic ability of practical work in the financial field.
Question 6: What's the difference between financial management and business management? Financial management refers to the monetary fund management implemented by the state to achieve the goals of balance between supply and demand of money, currency stability and economic growth. The major of financial management is to cultivate and bring up specialized talents who can adapt to the development of socialist market economy, have both ability and political integrity, be able to engage in financial management, and have certain practical work ability and research ability. Business administration is a discipline that studies the rules of business activities of profit-making organizations and the theories, methods and technologies of enterprise management. This major has a wide range and many courses, covering many courses in economics and management. Therefore, business administration is a broad-based discipline, and individuals can choose their major direction according to their hobbies. Such as enterprise management, marketing, human resources, enterprise investment, etc.
Question 7: What is financial management? Financial management (Sino-British cooperation).
I. Training objectives and training specifications
This major trains and brings up professionals who meet the needs of the development of socialist market economy, have both ability and political integrity, can engage in financial management, and have certain practical work ability and innovative ideas and abilities. Candidates are required to study Marxism-Leninism, * * Thought and * * Theory hard and abide by the law; Be able to correctly understand and master the basic knowledge and business skills of financial management, and have certain ability to analyze and solve practical problems.
Second, the training requirements
Candidates who have obtained the qualification certificate of the basic course of this major 15 and whose ideological and moral qualities meet the requirements after appraisal can obtain the graduation certificate of higher education self-study examination. At the same time, you can get the Cambridge financial management certificate issued by UCLES.
◆ Professional introduction
With the approval of the State Education Commission, the Examination Center of the Ministry of Education of China and the Examination Committee of Cambridge University (UCLES) jointly set up a dual major in business administration and financial management in the field of higher education in China. This major aims to cultivate and bring up applied, professional and senior compound talents who meet the needs of the development of socialist market economy, have both ability and integrity, can engage in business or financial management, and have certain innovative consciousness and ability.
◆ Curriculum setting
Expert section
Chinese courses include college Chinese (junior college), theoretical introduction and political economy (finance and economics).
The basic courses for English majors include economics, accounting, business communication, financial management, quantitative methods, business English, management information technology, enterprise organization and environment.
Specialized courses include business management, commercial law, marketing, international trade practice and human resource management.
Financial management financial law, financial introduction, management accounting, financial statement analysis
Undergraduate end
Introduction to Public Courses, English (2)
Professional basic courses * * *, policy and economics, organizational behavior (II), introduction to e-commerce, introduction to business ethics, strategic management course, risk management.
Computer application, international enterprise management, enterprise management consulting, marketing planning and international marketing in enterprise management system (2)
Financial Management Advanced financial accounting, international financial management, research on corporate legal system, auditing and management accounting (1)
◆ Special examination and evidence collection
1. You can get the Cambridge Junior Business Management Certificate issued by UCLES by passing the examinations of nine courses: Economics, Accounting, Quantitative Method, Business Communication, Business English, Financial Management, Management Information Technology, Enterprise Organization and Environment, Commercial Law or Financial Law.
2. If all the majors 15 courses pass the examination, you can get the Cambridge Advanced Business (Finance) Management Certificate and College Graduation Certificate issued by UCLES (Business Management is issued by Renmin University of China, and Financial Management is issued by Central University of Finance and Economics).
3. Students majoring in business administration can obtain a diploma in financial management and a Cambridge advanced certificate in financial management if they complete four courses in financial management; Students majoring in financial management can obtain a diploma in business management and a Cambridge advanced business management certificate if they complete four courses in business management.
◆ Relevant regulations of the college entrance examination for undergraduates.
1. Candidates who have obtained the graduation certificate of Sino-British cooperation in business administration can directly take the undergraduate course in business administration without trying the computer application of marketing planning and management system; Candidates who have obtained the graduation certificate of financial management major can study the company's legal system and advanced financial accounting without taking the test after obtaining the undergraduate course.
2. Graduates of other majors and above in economic management can directly apply for undergraduate courses; Non-economic, management majors and college graduates must take two additional courses (two of the three courses of enterprise organization and environment, business communication and financial management) before they can apply for undergraduate courses.
◆ Degree acquisition
Undergraduate candidates are required to write a graduation thesis after passing all the course examinations. The topic of the thesis is announced by the examiner's college, and candidates can choose any topic at will. Those whose graduation thesis meets the specified requirements will be awarded the undergraduate self-study examination for higher education after passing the diploma of junior college and the examination of additional courses ..... >>
Question 8: What does financial management do? Financial management is a profession, not a profession. Therefore, it is impossible to specify its work content.
Suggestion: master financial knowledge according to personal hobbies during study, and you can do your own nails in the future.
Question 9: What does a wealth management asset company do? Asset management usually refers to a kind of trust business of "managing money on behalf of others". In this sense, any institution or organization mainly engaged in this kind of business can be called an asset management company.
A class of asset management companies that carry out normal asset management business have no financial institution license; The other is a financial asset management company that specializes in dealing with non-performing assets of financial institutions and holds a financial institution license issued by the China Banking Regulatory Commission.
Category I non-financial asset management companies
Under normal circumstances, commercial banks, investment banks, securities companies and other financial institutions carry out normal asset management business by setting up asset management business departments or establishing asset management subsidiaries. They belong to the first type of asset management business. Based on this normal asset management business, it is scattered in the business of commercial banks, investment banks, insurance companies, securities brokerage companies and other financial institutions.
The second category of financial asset management companies
It is an international practice to set up financial asset management companies to manage and dispose of non-performing assets of banks.
From the 1980s to the early 1990s, a far-reaching banking crisis occurred in the United States. At that time, about 1 1,600 banks and 1 1,300 savings and loan institutions in the United States were in trouble. In order to resolve the crisis, the Federal Deposit Insurance Corporation and the Federal Savings and Credit Insurance Corporation made every effort to provide assistance, and the United States * * * also took a series of measures to set up a disposal trust company (RTC) to dispose of the non-performing assets of savings and loan institutions. RTC has been operating in 1989- 1994 for more than five years, and has made great achievements in resolving financial risks and promoting financial innovation. It is an internationally recognized successful model for disposing of non-performing assets of financial institutions. In a sense, it is from RTC that the establishment of asset management companies has become a common practice for countries to resolve financial risks and dispose of non-performing assets.
China Financial Asset Management Co., Ltd. is a wholly state-owned non-bank financial institution established by the decision of the State Council to purchase non-performing loans of wholly state-owned commercial banks and manage and dispose the assets formed by purchasing non-performing loans of wholly state-owned commercial banks. Financial asset management companies take preserving assets to the maximum extent and reducing losses as their main business objectives, and independently bear civil liabilities according to law. There are four asset management companies in China, namely China Huarong Asset Management Company, China Great Wall Asset Management Company, China Oriental Asset Management Company and China Cinda Asset Management Company, which respectively receive the non-performing assets divested by China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank. China Cinda Asset Management Company was established in April of 1999, and the other three companies were established in June of 1999+00 respectively. Since 2007, the four major financial asset management companies have started commercial operations, not limited to the acquisition of non-performing assets of the above banks. (See the entry of Baidu Financial Asset Management Company for details. ) 20 10, "Guo Xin Asset Management Company" was officially approved by the State Council. At the same time, with the State Council approving the reform plans of the original four financial asset management companies, Yin Ji Asset Management Company came into being at this time. 49660.6866686666 1
2. The company's operating characteristics: pay equal attention to policy and market.
As can be seen from the above establishment, China's asset management companies have a unique legal person status (a wholly state-owned non-bank financial institution decided by the State Council), special business objectives (policy acquisition of non-performing loans of state-owned banks, management and market-oriented disposal of assets formed by acquisition of non-performing loans of state-owned banks) and a wide range of businesses (including asset disposal, company restructuring, securities underwriting, merger, etc.). And many businesses are equivalent to universal investment banks). This situation laid the foundation for its unique operation mode in the future, and its operation mode showed the characteristics of "policy guarantee and market-oriented operation".
(1) Policy guarantee is the prerequisite for the operation of asset management companies.
Since the non-performing loans of the four major state-owned commercial banks mainly come from state-owned enterprises, the original intention of the establishment is to acquire the non-performing loans of state-owned banks and manage and dispose of the assets formed by the acquisition of non-performing loans of state-owned banks. The scope and amount of the acquisition shall be approved by the State Council, and the funds shall be uniformly allocated by the Ministry of Finance. Its operational goal is to maximize the preservation of assets and reduce losses. In addition, asset management companies were established in the transitional stage from planned economy to market economy. Therefore, it is unnecessary >>
Question 10: the difference between finance and financial management. Finance and financial management are not at the same level at all. Don't be cheated by others. I have never heard of financial management before. I searched online, and they are all self-study and on-the-job study. Listening to the beautiful name, those subjects that should be meaningless may not be regarded as the official national level or two disciplines scope. The better universities have finance (financial management direction). I think some self-taught subjects are about financial management. Those who study finance or other economics don't study advanced mathematics, and it's strange to learn anything. Nowadays, economics majors have high requirements for mathematics and foreign languages. The financial management major offered by the University of Political Science and Law should also focus on economic law, so if you really plan to graduate to study securities, banking, insurance and finance, it is a serious subject after all, and if there is not much difference between schools, it is best to focus on majors.