Finance Knowledge Base
What are the benefits of a finance major over a simple business administration major? Trying to decide which major I want, I think I want to go into finance, but I am not sure. I know I am going into business- at a business school. Also, if there are any people who have careers in finance, what do you specifically and do you like your jobs? Because I have an internship in finance and accounting and it is pretty boring...but it is just because they don't give me enough work to do so I don't feel like I have had the true experience.
Where to find free start-up finance spreadsheet to show potential investor eg 3yr revenue projection, etc? I co-founded a start-up. Business plan is in the work. I still need to work on the financial section. I know I should have a CFO work on it. But I don't have $$ to pay/hire a CFO. So I get to wear the finance hat too among other roles. Do you know of free finance spreadsheet templates I could download to use? Need to finish biz plan to show potential investors. Can't show current biz plan as is without figures. Biz plan doesn't mean anything to investors without 3 year financial planning such as revenue projection, dev't cost projection, marketing budget projection, potential # of people for hire, other related finance figures of interest to potential investor. Tks for your help in advance!
What banks can finance a single family residence under 600 square feet? Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its tiny. I need financing asap since the bank already accepted my offer. Thanks.
How would I convince a bank to finance my business? Say I got a bank to finance my business, the product which I sold ended up being a failure on the market and now the banks don't want to finance my business. What could I do to convince them to help me finance for my new product?
How to convince recruiters about a career change to Corporate Finance? I am an Industrial engineer and want to make a move to Corporate Finance, one of the questions I get most often is why do I want to make such a career change and how I see myself fit into this role ? or justify how you can do well in Corporate Finance role despite your non finance background? I am currently enrolled in a full time MBA program and planning to take finance courses but I want to know how I can really sell myself on this idea ?
How to finance investment property with almost zero down? I own two condos one, I live the other I am renting out. Both dont have any equity yet. I already have 51% debt to income. I can still afford MXM 5K down including closing costs and tax prepayments. My interest is to buy foreclosures and sell after ~2 yrs. I am aiming at high end units that can currently be bought at ~200K but will apraise to ~350 in about 6mos. Is there a way to find finance in this situation.
How possible would it be to finance a rather cheap house? Ok, this is starting to get rather confusing. I am looking to buy a home in a surprisingly cheap neighborhood. The house I am interested in purchasing is under $50,000. My credit qualifies me for a bad credit loan, but no one wants to finance for such a small amount. I am definately trying to live within my means and do not necessarily want to purchase a higher value home just because I can. Does anyone have any idea where I can finance such a house even though my credit is tarnished (but getting fixed due to multiple discrepencies)? I know there are different requirements depending on the state. My state is PA, and I am first time homebuyer.
What is the difference between corporate and quantitative finance? what jobs can you get? Hi, i plan to study Bachelor of Finance at Australian National University, however i have to choose to major in either of "corporate finance and investment management" or "quantitative finance". From what i udnerstand, corporate finance is more theoritical and has to do with business financing while quantitative finance has to do with math. could someone tell me more about both subjects? what kind of job can you get after studying each of these? FYI I have a very strong mathematical background but i dont like computer programing. I did very well (not bragging) in all the other subjects in highschool as well. I do have interest in math but i want to study somehting that would help me secure a gd job. what do you suggest?
What can a finance major expect to do as far as work goes? I am considering finance, but all i have done in school is do problems. A lot of it is very difficult. Do finance majors use everything they learned in their jobs? What exactly do they do? How would a finance degree help me after law school?
What is the average starting salary for a Finance graduate? Where can I find such info? (include a link). I am a Economics and Finance Bachelor of Business Admin graduating in May. I obtained my degree in the USA. I have 4 months of finance experience (currently employed full time as a financial analyst) and excellent academic record. What range of salary would be oferred (in UK) for someone with my qualifications? Where should I look for job listings? (I would like to live near London). Any advice would be greatly appreciated. Thank you.
How much does a finance major make? I am preparing to graduate college in may of 2008 and I am wondering what a 1st year finance major can expect there first year out. I have a 3+ GPA and I want to become and investment banker, any suggestions would be welcomed. My area of finance is corporate finance.
Is Computer Science considred a quantitative major for finance jobs? I want to work in investment banking/ finance after college, and was wondering if Computer Science would be a good quantitative major for an undergraduate degree. Ultimately, I want to get an MBA right after or at least a Masters of Finance degree before I start working.
What is the difference between a career in Finance and a career in Accounting? I am thinking about going back to school to get a BS in Business Administration. I would like to know what the difference is in careers in Finance and Accounting. Has anyone had a career in either field? What I want to know is: What did you think of your career? What did you do all day in Finance or Accounting? Did you find it exciting or really boring? For a career as a Financial Planner or Financial Advisor, do you work off of commision only? Any information would be very helpful. Thanks.
How should I start my finance career? I work in Maintenance as a Engineer, I asked a similar question before regarding about CFA and MBA, but just to get a taste of Finance, is there any courses I can take? I live in the Toronto Area. Please help. Thanks.
How to get a good finance deal on a car loan?? Hi, I'm planning to buy a car through finance option. I would like to ask on how to get a good finance deal with both the dealer and the bank on finance deal. Can anyone help me enlighten on these topics as this is my first loan!! and also i live in Bangalore-India.
What is the smartest way to finance a rennovation on a house? I'm looking to do some major rennovations on my house and figuring out the best way to finance it has been racking my brain. I just can't figure out the pros & cons between refinancing, 2nd mortgages, home equity line of credits, etc. A little background on the house, It is located in North NJ in a very high demand area. I bought the house over 6 years ago for $215k, it's currently valued around $380k. Our current Mortgage is around $175k. I estimate my renovation to cost around $200k-$250k. We plan to be in this house for a long time. We're looking to add a 2 car garage, extending the living room, redoing the kitchen and adding a master bedroom. any advice on what direction I should head in and pifalls to look out for would be greatly appreciated.
How much will I have to finance on a new home after the price dropped? I signed to purchase a home for $700,000. House will not be done until April 2007. Between now and then, if the prices of the homes drop, will I be obligated to pay what I signed up for or do I only finance what the house is worth at the time? FYI - contract was signed with a builder. You can not qualify for an amount more than the appraised value, shouldn't this be reason for them to take the price down? Also, since it is quickly becoming a buyers market, shouldn't I be able to leverage that and negotiate with the builder? Any suggestions on how I can do that?
What are the skills set necessary for a corporate finance position? I have a MBA degree and concentration in finance, looking for an entry level financial analyst position in the corporate finance area. What are the important skills normally required? I have a feeling that what I've learned from school does not match what are wanted in real world. So what skills are really expected from an entry-level financial analyst?
What careers would be good for finance/accounting and criminal justice? I took a career interest test and I was a 100 percent match for finance/accounting and criminal justice. All other careers were 75% or less. This seems to be right for me. Now my question is which careers in these fields would be a great choice, as far as pay, job demand, and schooling? I am 28 years old and have 2 children if this helps and i am enrolled in a community college. Thank you for your help.
What happens when you hand your car back to the finance company? I bought a Renault Clio last August 06 for £2500 since i dont have any debt and no credit rating i had to take high finance (37.5%) im now paying £146.65 a month for 36 months and i still over 3000 to pay, I would like to hand this car back to finance company as i no longer wish to pay that ammount of money and i dont like the car. What happens if i were to do this?
How do you finance a used car? Me and my friend are going to finance a $5000 car. What do we need to bring? And how do you do financing? With a credit card? I am clueless lol.
How much would a bachelor degree in finance cost at a comunity college? I am planning to get a bachelor degree in finance and i would like to go to an online college like AIU; they said that it would last about 4 years (associate+bachelor) and that i would have to get an associate first that would cost about $21k + $30k for the bachelor=$51k. Is that a good investment or should i go to a community college? I live in the Saginaw-Detroit area. The bachelor would cost
How does the finance person from the dealership I bought my car make his money? Here is the deal. I kind of got taken from a shady Persian gentlemen who did the financing for me at my local Honda dealership. So he got me for a higher interest rate, lied to me so I would purchase stuff like extended warranty and gap insurance. My question is this: Based on my original loan the total loan amount of my interest would have been like $12,000 spread out over six years. But I went ahead and paid a large portion of that down and refinanced with a third party - therefore reducing the total interest to something like $3500 over four years. So here is my question. Does this dishonest finance guy at the dealership get a cut of the original $12,000 and get his money up front? Or will he only get a cut of the total amount of interest I paid on the original loan which was about $1300? I want to know if by refinancing through some other lender if I took money away from him that he was expecting would come to him based on the terms of the original loan?
What are some good jobs for a finance major? I'm presuing a finance major and should be done with in the next 1 1/2 to 2 years. What are some jobs a finance major could be looking at? And how is the starting salaries for most finance majors?
What are the three professional tests for people working in finance? I remember my finance professor telling me about these three tests in finance you can take to improve your resume. They're all very difficult and have to be taken a year apart. I was thinking about taking the very first one to see if I could improve my resume. Never mind. I was thinking of the Chartered Financial Analysist tests. It doesn't look like I'd have much a chance of (or need to) passing Level 1.
What are some good jobs for a finance major? I'm presuing a finance major and should be done with in the next 1 1/2 to 2 years. What are some jobs a finance major could be looking at? And how is the starting salaries for most finance majors?
Can I deduct ongoing finance charges for business expense? Can I deduct on Schedule C in one year the finance charges that occurred in that year from business expenses made in earlier years? For instance, I am still paying finance charges on unpaid credit card charges for large business expenses from several years ago. Can I report those finance charges as interest paid for the current year? Thanks!
How to prepare for a career in Finance and Accounting? I'm only a freshmen in college right now and I'm double majoring in finance and accounting. I was wondering how I can better prepare myself for a career in that field. Should I read some books or try to get hands on experienced. I'm looking to be a CPA or an Investment/Financial Analyst so how do I prepare for that. Any information you guys can give will help. Thanks a lot in advance.
How can i get loan with ease to finance a business in another country? This business which is surely going to be a success is to be esterblished and operated in another country, how can i get loan from the United states to finance this business. Right now, i don't have any money of mine that i can commit to this business. i would need about $5 million to start. I live in New Jersey,U.S
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