What is Finance Degree

What Is a Finance Degree ?

Finance degree is an academic degree awarded to students who have completed a finance-related degree program at a college, university, or business school.

Types of Finance Degrees

There are four basic types of finance degrees that can be earned from a college, university, or business school:

• Associate Degree
• Bachelor Degree
• Master's Degree
• Doctorate Degree

An associate degree with a focus on finance can usually be earned in two years or less. A bachelor degree in finance can usually be earned in three to four years. A master's degree in finance can be earned in one to two years or less after completing a bachelor's program. Doctorate programs with a focus on finance take approximately four to six years to complete and require at least a bachelor's degree--though a master's degree is a more common requirement.

A bachelor degree is required for most positions in the finance field. However, there are some cases in which an associate degree would be sufficient. For example, an individual with a finance degree can often get an entry-level position at many banks and accounting firms. A masters degree or MBA in finance often leads to the best job opportunities. A doctorate degree in finance will qualify an individual to work as a faculty member at a college, university, or business school.

From :    About.com
Source:  http://businessmajors.about.com/od/degreeoptions/a/FinanceDegree.htm
For:         public Information, non profitabl
Author: Karen Schweitzer,

Financial Regulation

Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the integrity of the financial system. This may be handled by either a government or non-government organization.

The specific aims of financial regulators are usually:

• To enforce applicable laws
• To prosecute cases of market misconduct, such as insider trading
• To license providers of financial services
• To protect clients, and investigate complaints
• To maintain confidence in the financial system

Unique Jurisdictions

In most cases, financial regulatory authorities regulate all financial activities. But in some cases, there are specific authorities to regulate each sector of the finance industry, mainly banking, securities, insurance and pensions markets, but in some cases also commodities, futures, forwards, etc. For example, in Australia, the Australian Prudential Regulation Authority (APRA) supervises banks and insurers, while the Australian Securities and Investments Commission (ASIC) is responsible for enforcing financial services and corporations laws.

Sometimes more than one institution regulates and supervises the banking market, normally because, apart from regulatory authorities, central banks also regulate the banking industry. For example, in the USA banking is regulated by a lot of regulators, such as the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the National Credit Union Administration, and the Office of Thrift Supervision.

In addition, there are also associations of financial regulatory authorities. In the EU, there are the Committee of European Securities Regulators (CESR), the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS), which are Level-3 committees of the European Union in the Lamfalussy process. And, at a world level, we have the International Organization of Securities Commissions (IOSCO), the International Association of Insurance Supervisors, the Basel Committee on Banking Supervision, the Joint Forum, and the Financial Stability Board.

The structure of financial regulation has changed significantly in the past two decades, as the legal and geographic boundaries between markets in banking, securities, and insurance have become increasingly "blurred" and globalized.

From :   Wikipedia, the free encyclopedia
Source: http://en.wikipedia.org/wiki/Financial_regulation
For:        public Information, non profitable