Financial flow management and spending planning are the main activities of a financier. To obtain this profession, it is necessary to have a strategist's thinking, sharpness of attention, endurance, diligence and a mathematical mindset. Being able to manage money, keep abreast of all financial news and, if possible, insure against inflation are also important skills for professionals of this level.
"Finance and credit" specialty - what exams to take
- Mathematics (general level);
- Social studies (subject of the institute's choice);
- Russian language;
- Foreign language.
The minimum passing score is from 235. "Finance and credit" specialty code - "OKSO 080105". The form of education is provided, both stationary and part-time. The terms of study are 5 years. After graduation, the student will have the qualification of an economist specializing in Finance and Credit.
"Finance and credit" specialty - universities
- Institute of International Economic Relations;
- Russian Academy of Economics;
- High School of Economics;
- Government Financial University;
- Economic-humanitarian and information-technological university of the capital;
- Academy MNEPU .
Specialty "Finance and credit" - disciplines
- Taxation and taxes;
- Finance - municipal and private;
- Stocks and bods market;
- Corporate Finance;
- Control investment portfolio and investments;
- Strategic financial management;
- Planning and control financial institutions;
- Risk management;
- labor economics;
- Econometrics;
- Statistics;
- Marketing;
- Accounting analysis and accounting;
- Marketing;
- Insurance business.
Characteristics of the specialty "Finance and Credit"
The work of an economist involves calculations of financial, labor costs in carrying out certain work or in the provision of services. The specialist also economic analysis activities of enterprises, develops, if necessary, a strategy and a savings regime. He organizes the collection and processing of information to perform the necessary planned work. Guiding technicians and engineers in collaborative research is also the responsibility of the economist.
Practice specialty "Finance and Credit"
Future bankers and economists do internships in various municipal or private companies, institutions and banks. Students study the structure of the organization from the inside, get acquainted with the necessary reporting documentation, acquire professional skills. Under the strict guidance of the curator, they have the opportunity to perform various tasks.
If the student shows diligence and responsibility, he acquires valuable knowledge about the functioning of the organization, about the pace of its work and about ways to improve labor efficiency. The student can choose the place of internship independently, or can use the list provided by the university.
Work in the specialty "Finance and Credit"
Decision Profession economic issues, is quite in demand in the labor market of the present time.
"Finance and credit" specialty - where to work
- In research institutes;
- In municipal and private banks;
- in the restaurant and hotel business;
- At enterprises, representatives of large and small businesses;
- AT social funds;
- In an insurance company;
- In a financial institution;
- In educational institutions as a teacher;
- AT tax office;
- At the enterprises of the industrial or agricultural sector;
- In the customs service.
Specialty "Finance and credit" - who to work
- Heads of departments of enterprises;
- Managers;
- business analysts;
- auditors;
- Finance and Accounting Specialists;
- individual entrepreneurs;
- Marketers;
- Brokers;
- Estimators;
- Traders on the stock exchanges;
- commercial agents;
- Economists-programmers;
- Tax inspectors or consultants;
- Supervisors;
- appraisers;
- accountants.
There are many job opportunities for economists. Perhaps the student wants to go to a magistracy or get a second higher education. After all, professional economists are a valuable find for any business or structure. Representatives of this field of activity usually have an average income or above the national average.
Perhaps you will be interested.
Where can you go to work after five years of study in the specialty of finance and credit? Graduates of many universities are well aware of what they will face and in which area they will mainly work, but they cannot choose one area and the direction of their career. The practice of other people helps to more clearly understand the situation and determine the future position and profession. But not all universities are able to conduct a real practice in a normal working company.
The main thing in this specialty
If you have been educated as a specialist in finance and credit, then the doors of many offices and financial enterprises, industries, industrial companies and banks that will gladly hire an understanding financier. You will have to conduct operations with funds, determine the total amount of income and expenses of the enterprise, take into account and predict future income and losses.
It is important to remember that in the process of work, you will have to conduct a comprehensive analysis of the price of goods and services in order to most accurately determine the current situation on the market and predict further price jumps up or down. Mostly, the number of your duties, responsibilities and level of income will be directly proportional to your knowledge and qualifications.
Of course, such a serious task as forecasting future income and compiling reports will not be trusted by a simple graduate who has recently completed his studies and education. To do this, you will need to gain some experience in your specialty, as well as take refresher courses.
Where can you get a job after graduation?
In what areas and enterprises can a graduate of the specialty finance and credit get a decent job?
Insurance and investment companies
We should talk about them in a little more detail. It was mistakes on the part of insurance companies in 2008 that led to a global crisis, but because of this, one should not completely refuse to work in such institutions.
There are many large financial institutions in Russia, there are no monopolies here. So graduates will always find the possibility of good employment, based on competitive qualities and the rapid growth of manufacturing companies.
Investment firms will be glad to have you as an employee. But you can get real profit only if you are able to fully cope with the specialty of an analyst of financial income. Before sending your resume, check the position and your desire again, if the company overestimates the requirements for employees, then choose another company, because your diploma can help you with this.
The most popular professions for graduates of this profile
What position can be taken in this profession?
- Financier and financial manager.
- Revenue Analyst.
- Trader.
- Control officer.
- Accountant.
The first choice would be well suited to employees in private enterprises, at the initial stage, you can work as an ordinary financier, but in the future career growth will bring you to the head of the department or to the financial manager. This position is the most comfortable, because it will not need to use maximum amount your knowledge and skills.
And the possibility of financial support and career growth in this area is very good, you just have to work for a few years and blend well into the general team.
If you want to become an analyst, then try your best to improve your skills and strive to increase your practical knowledge in this area. It so happened that this specialization is not observed in all financial-type firms, it is more common in large-scale production or in organizations with a narrow range of specialization.
Is it worth it to open your own business?
Employees who have reached the top of their development and career growth will go to such a role as a trader. It's a little silly to go to a broker's office and try to make a profit there when it is quite possible to earn income under self-management.
For such a business, you will need a small initial capital, but it should already be accumulated if you are going to go into your own business. No one can give guarantees of constant prosperity and complete reliability here, since entrepreneurship can lead to crises and some losses due to wrong decisions. But just a few years of work in such a field will help secure your future life for years to come.
If you could not find a more profitable and interesting job for yourself, then you can become an accountant at any financial institution. Career growth to the position of chief accountant is possible here. But experts do not advise staying in this position for a long time, since working outside your specialty for many years can lead to the loss of skills that you have acquired for the financial sector. But this can be justified if you have career growth, high wages and a personal attachment to your favorite business. At the beginning of your career, a financier is best suited.
What subjects need to be taken for Finance and credit:
- Mathematics (general level or profile)
- Social studies (at the choice of the university)
- Russian language.
- Foreign language.
The minimum score for passing is from 235. The form of education can be both stationary and part-time. The term is 5 years. After graduation from the university, the future employee will have a specialty in finance and credit.
"Finance" and "credit" are two of the most popular words in modern economic society. The first is the driving force of the economy that accompanies production and consumption. The second is an important component of business, which provides opportunities for the expanded use of finance for both commercial and personal purposes.
Financial and credit specialists are highly valued in the labor market, covering a wide range of applications of the acquired knowledge. Those who wish to master all the subtleties of this sphere of the economy and professionally operate and "credit", can get a specialty in one of the many universities in our country.
Where to go as a finance and credit specialist?
The specialty "Finance and Credit" is one of the most prestigious at the economic faculties, and therefore the competition for it is rather big. However, if you have definitely decided that you want to become a professional in this field and work in your specialty in the future, then it is worth a try. However, successful students, and in the future - competent specialists, will be able to fully recoup the effort and money spent on training (if the studies are paid). Having received a diploma and having little experience in the form of educational and diploma practice, a young specialist can choose one of several ways to build his career.
Banks and investment companies
The most popular direction offered by the specialty "Finance and Credit" is "Banking". Many former students successfully pass interviews and start their professional career in one of the many banks in the country. Starting from the very first step of your career, in a few years you can grow to the head of a group, head of a department, or become a sought-after highly specialized professional.
Financial management in commercial organizations
Quite attractive is another direction that can be studied by choosing the specialty "Finance and Credit". Competent specialists are especially in demand in commercial organizations of medium and large levels. They have extensive knowledge in the field of securities, investments, understand the theory of politics and Such specialists are usually highly paid and highly valued in the organization.
Grade various kinds property
There is another interesting area within the specialty "Finance and Credit". This is "Property Appraisal". With the development of the real estate market and its annual growth, there is an acute shortage of specialists who would regulate in this area. However, it is required to evaluate not only real estate, but also cars and securities. All this is studied by students who receive the specialty "Finance and Credit" and specialize in "Evaluation".
Good specialists are needed not only by business, but also by the state
Successful students are in demand not only in commercial, investment and credit institutions and various private firms. Government agencies are also interested in young, promising professionals in the field of finance and credit. This is central bank, Ministry of Commerce, and others. As a rule, to get into the civil service in these departments, you need to prove yourself well during your studies or gain practical experience in other organizations.
To summarize, the specialty "Finance and Credit" is not only difficult (if, indeed, you get high-quality knowledge) and prestigious, but also very much in demand in the modern labor market. A good specialist will be able not only to find a job and feed himself, but also to build a successful career, ensuring high earnings and respect for himself.
Documents for competitive selection for admission to the magistracy are submitted by persons who have received the qualification of a specialist or a bachelor's degree in a similar specialty (specialty). For admission, you must pass a comprehensive profile exam in the subjects that were studied in the bachelor's degree. The exam takes the form of a test or an interview.
Core disciplines - basics economic theory, general management.
How to effectively allocate finances, organize their movement so that the company receives maximum profit and opportunities for development? How to coordinate and control resources not only at the enterprise level, but also at the state level? If a theoretical basis and some practical skills for understanding these issues were laid down during the previous years of study in the bachelor's degree in financial and economic direction, then the master's program will help to understand them in more detail. And not just to understand, but to learn how to manage the financial flows of the organization, taking into account the prospects, use world experience and proven methods.
Brief description of the specialty
If you have already received a basic education, have a complex analytical mind and a desire to develop your horizons in the field of global financial and economic trends, studying in a master's program will allow you to achieve these goals. After graduating from an educational institution, broad-based specialists in the field of economics and financial management are able to understand economic problems and offer a solution both within the enterprise and across the country. Graduates in economics receive systemic knowledge in the field of banking, taxation, consulting, and monetary relations.
Benefits of a Master's Degree
For two years of study, many universities focus on the study of economics and financial management processes in developing countries, while undergraduate studies do not deal with these issues in such depth. The knowledge gained in the process of master's education will help you get a more prestigious and highly paid job in domestic and international companies in the financial and banking sector, insurance and customs services, and other organizations. Not just an educated specialist appears on the labor market, but an analyst who can draw conclusions based on the information received and direct the company in the right economic direction.
Major universities in Moscow
- Russian State Social University;
- Eurasian Open Institute;
- University of the Academy of Education of the Russian Federation;
- Moscow Financial and Industrial University "Synergy";
- Russian Economic University. V.G. Plekhanov;
- other metropolitan institutions of III-IV levels of accreditation.
Terms and forms of training
Most institutions offer a two-year full-time program. For those who do not want to break away from their main work, in some universities you can get a master's degree, studying in absentia or in a mixed part-time and part-time form, also for two years.
Subjects studied by students
The master's program includes special disciplines in the following areas:
- financial analytics (at a high level);
- methodology for analyzing the activities of enterprises;
- ways of regulating the economy with the help of monetary levers;
- actual existing problems of finance;
- application information technologies in economics;
- development financial policy companies;
- banking financial management;
- many other items.
Acquired knowledge and skills
A master's degree graduate acquires professional skills in the field of monetary relations, financial management of an enterprise, studies the organization of the activities of economic entities, learns to plan and work with information in the field of global and domestic financial systems. Among the practical tasks that the master should be able to solve:
- analyze the current financial condition of the company, predict and strategically plan the development of the situation;
- evaluate a business;
- simulate economic processes in a separate structure;
- be able to manage the organization in a crisis situation;
- apply new technologies that have proven themselves well in other organizations.
Profession: where and by whom to work?
The master's program trains specialists in the field of economic and financial affairs, who will be able to work both in small enterprises and in large international corporations. For holders of a master's degree in the specialty "Finance and Credit" the doors are open:
- banking institutions,
- brokerage and insurance companies,
- audit departments,
- tax,
- analytical services of various enterprises and corporations.
After receiving a diploma, a graduate will be able to conduct not only practical activities, but also apply himself as an analyst, engage in scientific research or teaching. Minimum wage for specialists it starts from 40,000 rubles and can be much higher.
Such a specialist will be in demand in the following positions:
- manager and analyst in the field of finance;
- director of the company for finance;
- head of department in an insurance, investment, brokerage firm;
- specialist in a consulting agency or research organization,
- teacher in an educational institution;
- other work related to the organization and financial support of commercial structures.
Continuing education in the specialty
For those who are ready to devote themselves to theoretical developments or practical implementation of new methods of analysis, management and optimization of financial flows, some educational establishments offer postgraduate studies. The choice of topic and training plan are developed on an individual basis.
Finance and banks
The concept of finance comes from the Latin word financia, meaning cash, income. In the modern sense of the word, finance means the totality of all economic relations that arise in the process of formation, distribution and use of funds. Money state and individual companies. Finance is a means of controlling the production and distribution of material goods, a means of stimulating the development of the state and society. To ensure these functions of finance, there are special institutions that provide financial intermediation services, primarily banks. Banking system in any country - the basis of the economy, the level of development of this system depends on the stability of the national economy. In a dynamic emerging economy the effectiveness of financial management directly depends on the level of professional knowledge of specialists in the field of finance and banks.
Specialties and Specializations in Finance and Banking
The main specialty of higher professional education in the field of finance and banking is the specialty "Finance and Credit" in universities. Students of the specialty "Finance and Credit" study in universities the processes of formation and execution of budgets of various levels, functioning off-budget funds; the procedure for planning, accounting and reporting at enterprises, organizations, institutions; organization and management cash flows enterprises; investment activity of economic entities; features of the organization of finance enterprises.
A student can get more in-depth knowledge in the field of finance and banking at Moscow universities within the framework of the following specializations of this specialty:
- Banking
- Financial management
- investment business
- State and municipal finance
- Financial control
- Economic and Information Security in the financial and banking sector.
Banks in their activities are guided not only by national, but also global markets, so all Banking services must correspond international standards. It is better for professionals in the field of financial management in the world markets to study at economic universities in the specialty " World economy”, for which Moscow universities also have in-depth specializations in the financial and banking sectors:
- International monetary and financial relations»
- International stock market
- International investment activities. International investments
- International financial relations.
You can also get higher education in the field of finance and banking at Moscow universities as part of a two-level education: undergraduate and graduate. Bachelor's degree in "Economics" can have a profile "Finance and credit", specializations "Banks and banking", "Finance and the stock market". The study of professional special disciplines is carried out in the bachelor's degree economic universities only in the last 4th year, this is clearly not enough to master everything necessary for future financiers and bank employees a complex of knowledge, and bachelors are encouraged to continue their education at a university in a specialist's or master's program.
What are they studying
Future graduates of universities in the field of banking and finance should master a wide range of financial and economic knowledge, including such areas as taxes and taxation, the basics of statistics and accounting, economic analysis and diagnostics, insurance, valuation, the basics of foreign economic activity. In their future professional activities, they will need knowledge in the field legal regulation financial and banking, management and management accounting, marketing. Particular attention in the training programs of Moscow universities is given to the use of modern information technologies for solving economic problems, Internet trading, and mastering the compilation of databases.
Where does he work and how much does he earn
A financial manager, a specialist in financial management, is in demand at any enterprise, regardless of the form of organization, scope and scale of its activities. It can predict development monetary circulation in the country at the micro and macro levels, carry out operations in the foreign exchange, stock and commodity markets, conduct economic analysis economic activity. Graduates with this specialization form senior staff (financial director, head financial management) and middle management (head of the financial department, leading specialist of the department, department). Wage financial manager from 40,000 rubles per month, financial analyst - from 45,000 rubles per month.
Specialists in banking can work in banks: the Central Bank of the Russian Federation, commercial banks, international banking network, representative offices of foreign banks. These specialists will find application for their knowledge in stock exchanges, financial, leasing and insurance companies, the Ministry of Finance of the Russian Federation, investment funds, government bodies federal, regional and municipal levels. The level of salaries of middle-level bank employees: from a credit manager with a salary of 25,000 rubles to a specialist in leasing operations with a salary of 40,000 rubles.
The field of activity of graduates of economic universities after receiving education in financial and banking specializations of international profile is servicing foreign economic, monetary and financial and entrepreneurial activities; ensuring the formation and use of information on assets, liabilities, income and expenses of enterprises, organizations, institutions; promoting the rational organization of financial and economic relations of objects; promoting the protection of economic interests. A specialist in foreign economic activity receives a salary of 35,000 rubles per month.