Group 3: Nariman, Hayden, Prince, Donavan, Arsen, Jason, Vanesa “Finance is the study and discipline of money, currency and capital assets.” Finance is a very broad term As simple as calculating how much money you made at your lemonade stand As complex as constructing financial models to predict a 5-year performance outlook of a Fortune 500 company. Our definition of finance is the study and management of money and its related financial processes. What things are related to Finance? Arsen Margaryan Insurance Advising Banking Corporate Finance Hayden Cody Commercial Banker Financial Advisor Insurance Agent Financial Analyst Chief Financial Officer Ami Prince Igiraneza Firms looking for you : • Goldman Sachs • Bank of America • American Express • Capital One LinkedIn available jobs for keywords "Financial Analysis" Los Angeles County: 31,505 California: 60,917 Nation: 415,124 Vanesa Hernandez Professor and Department Chair, Dr. Zhou Interview 1)Do you have a degree in Finance ? "Yes, Ph.D. in Financial Economics." 2)Why did you choose Finance? "It fits my skill set and helps me manage money." 3)Are you enjoying the Finance field? "Yes" 4)Pros of your financial degree? "It helps individuals to manage their investments (money) and prepare for a better future" 5) Financial Analysis FIN 355 Corporate Finance (3) FIN 359 Quantative Finance (3) Financial Planning • FIN 440 Retirement Planning and Employee Benefits (3) • FIN 442 Theory and Practice of Financial Planning (3) • FIN 446 Income Tax and Estate Planning (3) Risk Management and Insurance • FIN 431 Risk Management (3) • FIN 434 Life and Health Insurance (3) • FIN 495-C Seminar in Insurance (3) Jason Diaz Risk Management and Insurance Financial Analysis Analyzes Data Regarding: Financial Planning • Investments Market Performance Detailed Analysis: • Plans For: • Individuals • Organizations Plans Out: • Budgeting Profitability, Earnings, • Investing Sales, Revenue, and • Saving and Outstanding Debt • Retirement Plans • Focuses On: • Risk Evaluation • Liabilities/Credit • Financing Their Goal: • Risk Management • Risk Assessment • Risk Treatment Jason Diaz Many finical fields require additional certifications outside of college education. (SOA, CFP, CFA, CAIA) The length of education for Finance is 4 years (Bachelors) with some jobs recommending 6 years(Masters). According to Bureau of Labor Statistics finance jobs are projected to grow 7% in the next ten years. (faster than related fields) Average salary according to BLS is 76,570. Compared to the national average of just 45,760. Average working week 50-70 Nariman Maloo You can expect a stable income (50k- 160k per year) Work for a wide range of employers Master skills that prepare you for real job responsibilities ( data analytics, risk management, and investment strategy) You can work in any field Donavan Iwuagwu “Business and Financial Occupations : Occupational Outlook Handbook.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 8 Sept. 2022, https://www.bls.gov/ooh/business-and-financial/home.htm. Summary Occupational Guide, https://www.labormarketinfo.edd.ca.gov/OccGuides/Summary.aspx?Soccode=132051&Geography=0604000073. “Finance, Financial Planning, and Insurance.” Business Administration, B.S. - Risk Management and Insurance, California State University Northridge, https://catalog.csun.edu/academics/fin/programs/bs-business-administration-viii/risk-management-andinsurance/. “Finance, Financial Planning, and Insurance.” Business Administration, B.S. - Financial Planning, California State University Northridge, https://catalog.csun.edu/academics/fin/programs/bs-business-administration-vii/financial-planning/. “Finance, Financial Planning, and Insurance.” Business Administration, B.S. - Financial Analysis, California State University Northridge, https://catalog.csun.edu/academics/fin/programs/bs-business-administration-vi/financial-analysis/. "Careers in Finance"