Accounting Vs Finance

Credit risk is inherent in the business of banking, but additionally, these institutions are exposed to counterparty credit risk. The financial services sector is one of the most important segments of the economy. It drives a nation’s economy, providing the free flow of capital and liquidity in the marketplace. It is made up of a variety of financial firms, including banks, investment houses, finance companies, insurance companies, lenders, accounting services, and real estate brokers. In Lebanon, the Innovative Small and Medium Enterprises project is a $30 million investment lending operation providing equity co-investments in innovative young firms in addition to a grant funding window for seed stage firms. To date, 60 out of 174 grantees had leveraged the iSME funding to raise a total of $13.1 million from various funding sources, a leverage ratio of 5.3 times.

Finance Department

Central banks, such as the Federal Reserve System banks in the United States and the Bank of England in the United Kingdom, are strong players in public finance. They act as lenders of last resort as well as strong influences on monetary and credit conditions in the economy. Retail banking consists of basic financial services, such as checking and savings accounts, sold to the general public via local branches. In addition to managing money in day-to-day operations, a government body also has social and fiscal responsibilities. A government is expected to ensure adequate social programs for its taxpaying citizens and to maintain a stable economy so that people can save and their money will be safe.

Electronic Trading In Financial Markets

The human element of fear also played a part (the reason a dramatic fall in the stock market is often called a "panic"). Daniel Kahneman and Amos Tversky, who began to collaborate in the late 1960s, are considered by many to be the fathers of behavioral finance. Joining them later was Richard Thaler, who combined economics and finance with elements of psychology in order to develop concepts like mental accounting, the endowment effect, and other biases that have an impact on people’s behavior.

Which Type Of Engineering Should You Study?

In this graduate level degree, students have a chance to develop advanced knowledge in the field of finance and apply it to conduct exploratory research and industry projects. Our faculty is actively engaged with the industry and producing quality research. Hence, by enrolling in MS program, students also have an opportunity to get greater insight about recent developments happening in the world of finance. MS Finance at IBA is a postgraduate program designed to provide a solid theoretical as well as working knowledge of finance in a global context. This program is designed to prepare the graduates for the challenges in the global and local financial systems by imparting comprehensive knowledge of finance and its multidisciplinary aspects.