Are your idols just as likely to be entrepreneurs and business people as pop stars or athletes? Would you say that you’re analytical, and good at problem solving and planning? Are you good with figures, and have you always been savvy with your money? Then studying finance may be perfect for you.
Finance is the engine of, and central to, all economies and stock markets, and some of the many topics you will study include investments, equity and debt, assets and liabilities, credit, mergers and acquisitions, dividend policy, initial public offerings (IPOs), financial regulations and decision-making.
Finance can be simply defined as the science of managing money. The field covers two broadly related activities: management of money by business (corporate finance), government (public finance) and individuals (personal finance); and the process of acquiring funds needed for them to operate successfully. This involves research and analysis, and the effective use of financial tools and instruments.
Finance professionals are responsible for ensuring the financial health of organisations and individuals by helping manage their money in responsible and sustainable ways, and according to regulations. They also increase profits and grow wealth through directing investment and cost saving measures, amongst others. Finance professionals can be generalists or develop specialist skills and roles.
Finance offers a virtually endless number of career options, including chief executive officer, chief financial officer, chief investment officer, financial director, financial risk manager, stock broker, financial advisor, investment analyst, investment banker, merchant banker, portfolio manager, public sector consultant, financial journalist or researcher, management consultant and entrepreneur.