Finance is the study of how money is managed and the process of acquiring needed funds to run a company or business. A finance manager’s job includes preparing reports, managing budgets, and seeking ways to hedge against financial exposure to buying and selling stocks, bonds, and securities. These are the most common categories of finance:
Corporate finance addresses the capital structure of a corporation including its funding and the actions management takes to increase the value of the company. It also includes the tools and analysis utilized to prioritize and distribute financial resources in an optimal way.
Summer Associates or Associates hired by commercial or investment banks provide advice and finance to companies, individuals, and government entities. Also involved in the buying and selling of stocks, bonds, and securities. Banking also involves taking deposits and providing loans.
Asset Management usually involves the following: manage the money of clients to achieve financial objectives within guidelines under which the investment pool is organized. Money Management – usually involves the following: manage investments for individuals or corporations. Buy/sell public securities.
Private Equity associates buy corporations, privatize them; analyze potential purchases, negotiate deals, raise financing, attempt to improve portfolio companies’ operations and profits; sell or take companies public. Venture Capital (VC) Associates usually do the following: manage investment funds from investors seeking private equity stakes in startup, small to medium-size enterprises (such as technology, biotech, green tech) that are fast changing with strong growth potential characterized as high risk/high reward opportunities.
