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How can you obtain work experience in the finance field while you are still a student? One of the easiest ways I can obtain work experience in the finance field is by entering an internship at a selected firm of my choosing. This, along with many other career paths, is a great way to not only learn about the field but take action in the real world within a hands-on environment, which makes me learn even better. Financial World Planner suggests that some work that internships consist of is “Sitting with brokers as they sell securities and execute orders, or with investment advisors as they discuss investment options with clients, will provide deep insight into the daily work life of finance professionals.” (Finance Internships, 2019)

The video(s) mention several skills one needs in order to be successful in the field of finance. Which of these skills are most important to you and why? The skills that are important to me are skills such as problem-solving, communication skills and analytical skills. I highlight these skills since every scenario in finance requires these two skills if any financial work will be done. No concrete knowledge of the financial details will be given without the communication and analytical skills. “Financial analysts must explain their recommendations to clients in clear language that clients can easily understand,” said in Truity. (Personality and Interests, 2017)

How do job prospects in the field of finance look over the next 10 years? These job prospects would look better and better. Over these next 10 years, the biggest affecting possibility to happen is various finance companies expanding and growing fivefold.

One of the roles of a Chief Financial Officer (CFO) is that of a fiduciary. What does this mean? The CFO’s fiduciary role is to manage the company’s finances in the best interest of the company itself as well as its shareholders. As a fiduciary, this must be done for the company’s clients with both the duty of loyalty and a duty of care, and by all means, the work must be done with suitable conduct under the “Uniform Fiduciary Act and the Uniform Trustees' Powers Act”   (Fiduciary Duty, 2018)

Answer 1

Ans

We are well known financial management Concerned with Financing decisions ,Investment Decision And Dividend Policy Decision.This are main approach of finance when we are pursuing as management of finance student you have need to learn all those above approach detail in theory in our class room lecture then you think on that question how to field work experience as per my suggestion you can joined internship Program also direct work to C.A. office with minimum pay ,because of you have need to learn not Earn another way is contribute your family business this way you check your knowledge which you are adopt in our class room also question is financial management is not small its very broad sector so first take decision .which is the your best interest in finance (working capital,inventory ,payment ,purchase ,ratio analysis,Financial management in capital budgeting and etc.)first select your interested area one or more then go ahead for experience in practical also self SWOT analysis

we are known this field concerned with numerical as well as science because we are predict future and plan also there is need your analysis skill because of if you are take wrong decision may be loss of huge amount ,but another is advantage of that field our experience always grow because of numerical this are not change state to state and nation to nation (2+2=5)all over word It means your one place experience is also work another place because of financial term are some all over except nation law .in future some thing are change in finance but this not highly affecting today finance term .

Chief Financial Officer Play vital roles in every firm we are already discuss financial management approach above

financial decision making

in this are CFO take no of decision concern with position of money or fund which is need for firm they are make policy to collect fund Equity capital or debit capital ,

Investment decision

this is very important roles play by CFO making Policy and implement right way because of no of business close because of they are not invest right way not lack of finance,in this area basically dividing two parts first fixed Asset and Second current Asset it refers capital budgeting and working capital management respectively

Dividend Policy Decision

Whatever Profit are earned by firm ,the owners of firm means(corporate from of organization) share holders are entitled to receive them firm not share whole Profit to share holder they are keep some amount for future use purpose so here CFO and other board of member take and make policy which is best for firm also remember this is very sensitive decision .