bay street 101 preparation session march 12, 2013
TRANSCRIPT
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Bay Street 101Preparation Session
March 12, 2013
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What is Finance?
Have you ever made financial decision? Believe it or not, EVERY DAY
Finance addresses questions regarding VALUE
Finance is an area between Economics and Accounting
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What is Finance?
Allocate limited resources over time so as to maximize one’s utility
Maximize expected return subject to risk and other constraints
Raise capital and invest in profitable projects
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Is Finance Right For You?
Yes if you are looking for a career that is interesting, rewarding, energetic, dynamic, applicable, creative, ….
Yes if you are good at logic and decision-making
Yes if you are interested in the financial markets
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Career in Finance
Banking Loan manager Mortgage manager Branch manager Personal/private banking account manager
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Career in Finance
Investment Banking Equity research Initial public offer Seasoned offering Mergers & acquisitions Trading
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Career in Finance
Asset Management Mutual fund manager Pension funds (CPP, OTPP) Insurance companies
Financial Planning Financial advisor/consultant
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Career in Finance
Corporations Treasurer Chief financial officer
Public Sector Ministry of Finance Bank of Canada
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Career in Finance
Accounting Firms – the Big Four Insurance Companies Hedge Funds Private Equity Firms
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Professional Designation
Canadian Securities Institute (CSI) CSWP, PFP, CIM, MTI https://www.csi.ca/student/en_ca/home.xhtm
Certified Financial Planner (CFP) https://www.fpsc.ca/
Chartered Financial Analyst (CFA) https://www.cfainstitute.org
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Get Ready?
Accounting courses Connections & Networking Extracurricular activities Read financial news daily