专业英语145500.pptVIP

Introduction to Financial Management Chapter 1 Chapter Outline Finance: A Quick Look Financial Manager Forms of Business Organization The Goal of Financial Management The Agency Problem and Control of the Corporation Financial Markets and the Corporation Basic Areas Of Finance Corporate finance Investments Financial institutions International finance Investments Work with financial assets such as stocks and bonds Value of financial assets, risk versus return and asset allocation Job opportunities Stockbroker or financial advisor Portfolio manager Security analyst Financial Institutions Companies that specialize in financial matters Banks – commercial and investment, credit unions, savings and loans Insurance companies Job opportunities Banks in China Central bank: PBC ruling rate of interest; treasury; foreign reserve; settlement Three policy banks: The export-import bank of China; China development bank; Agriculture bank of China Four state-owned banks: CBC(CCB); BC; ABC; ICBC Stock-holding banks: Former five top investment banks Goldman Sachs Morgan Stanley Lehman Brother Merrill Lynch Bear Steam International Finance This is an extended area of the above areas discussed in the international scope. It may allow you to work in other countries or at least travel on a regular basis Need to be familiar with exchange rates and political risk Need to understand the customs of other countries and speaking a foreign language fluently is also helpful Financial management Some important questions that are answered using finance What long-term investments should the firm take on? Where will we get the long-term financing to pay for the investment? How will we manage the everyday financial activities of the firm? Financial Manager Financial managers try to answer some or all of these questions The top financial manager within a firm is usually the Chief Financial Officer (CFO) Treasurer – oversees cash management, credit management, capital expendi