1. FINANCE It’s all about the money…

2. $100 Today? $100 in one year? WHY??

3. Money Has Time Value

4. Finance as a Profession…

5. Four Distinct Areas: 1. Investments 2. Business Finance 3. Financial Institutions 4. Personal Financial Planning

6. Investments Generally involves selling securities to individuals or analysis of potential and current investments.

7. Business Finance Allocation of cash flows within a corporation or similar entity. Involves short- and long-term budgeting and strategic analysis.

8. Financial Institutions Banking, insurance, and similar organizations. Includes credit analysis, loan underwriting, design of risk hedging strategies for banks, and sales of financial products.

9. Personal Financial Planning Work with an individual to determine current and future financial needs. Comprehensive analysis includes insurance needs, savings plans, and tax strategies. Involves life-long relationship with client.

10. Skills Needed for a Career in Finance: 1. Strong analytical skills 2. Good decision-making abilities 3. Insightfulness 4. Excellent work ethic 5. Ability to work with public and sell products

11. Employers Who Have Hired CMSU Graduates Ameriprise Financial Chicago Mercantile Exchange Sprint-NextelFederated Financial Edward JonesState Street KC Charles SchwabWaddell and Reed Financial Scottrade FinancialNorthwest Mutual Financial Wells Fargo FinancialChicago Board of Trade Federal Reserve Bank of KCMO State Division of Finance

12. Do you want to be CHALLENGED? WIMPS and LAZY PEOPLE Need not Apply!!

13. Questions?? Get involved in the Economics and Finance Club Contact me: Dr. Roger J. Best, 543-4246 best@cmsu1.cmsu.edu Dockery 300G

14. Thank you… t hank you very much