What is finance for?

Simply put, finance is financing. Broadly speaking, anything related to money can be called finance. If divided by industry, it can be divided into banking, insurance, trust, securities and leasing.

The financial industry plays an important role in the national economy, which is related to economic development and social stability, and has the functions of optimizing the allocation and adjustment of funds, reflecting and supervising the economy. It has the characteristics of index, monopoly, high risk, interest dependence and high debt management.

Finance is an economic category formed after the emergence of credit currency. Finance does not include lending in kind, especially the financing of monetary funds (narrow sense finance). People not only borrow money for financing, but also issue stocks for financing.

The financial industry has the characteristics of index, monopoly, high risk, interest dependence and high debt management. Indicators refer to financial indicators that reflect the overall and individual situation of the national economy from all angles. Monopoly means that the financial industry is strictly controlled by the government, and no unit or individual may set up financial institutions at will without the approval of the central bank.

Prospects of the financial industry

The prospect of the financial industry is very good. The national economic construction and financial industry will certainly develop well. The future financial development will be international and combined with science and technology.

Working experience in financial financing is the employment capital of such talents, especially those who have working experience in multinational companies, are familiar with the financing business of large financial institutions and have strong team management and foreign language communication skills.

Finance major is indeed a hot major today, and there are many candidates for the college entrance examination of finance, so that the admission line of finance major in many schools is much higher than other majors; Postgraduate finance is also very popular. There are many graduate students majoring in finance, and there are also many people with various undergraduate professional backgrounds, especially engineering students.

Finance majors are usually employed in the financial industry, mainly including banking, brokerage, funds, insurance, trust, asset management, financial leasing and other sub-industries. Because the financial industry belongs to the service industry, and the service industry is the main body and focus of the post-industrial economy, the financial industry will also develop greatly.