What Is Involved in a Corporate Finance Internship?

The major of finance is the study of economic activities that integrate currency and monetary funds. The disciplines that specifically study how individuals, institutions, and governments acquire, spend, and manage funds and other financial assets are differentiated from economics.

Finance major

China's financial science refers to two parts. The first part refers to money and banking. It existed during the planned economy period and was the main content of finance at that time. For example, the People's Bank of China said that they are engaged in finance, meaning currency banking; the second part refers to international finance, which deals with issues such as balance of payments and exchange rates. Taken together, these two parts are referred to as finance in China. The undergraduate course of Chinese finance major seems to be more oriented towards economics than orthodox finance. Its core disciplines are macroeconomics, monetary banking, and international finance. It mainly studies the basic theories and basic knowledge of monetary banking and international finance. And they all belong to the economics category, money and banking science belongs to monetary economics and international finance belongs to international economics. Therefore, China's financial undergraduate education is a cross-application discipline of economics and finance.

However, the above two parts are not called finance (financial) in foreign countries, and the finance called abroad includes the following two parts. The first part is corporate finance, which is called corporate finance under the planned economy. When it comes to corporate finance, its actual content goes far beyond finance and includes two aspects. The first is corporate financing, including equity / debt structure, mergers and acquisitions, etc., which are not available under the planned economy; the second is corporate governance issues, such as organizational structure and incentive mechanisms.

Master of Finance: Usually a two-year program, which is located under the school's business school or management school. Its main courses focus on the financial field and train finance professionals. Of the top 50 schools in the United States, only about 10 have MSF majors.

Financial direction under MBA: American university MBA is usually divided into different directions, finance is one of its main directions. Its curriculum is mainly financial, but it also covers other business and management fields. Applicants' work experience is usually valued.

Financial Engineering: It is the most professional of the masters of finance in the United States. It is a discipline formed by the cross-penetration of finance, mathematics, and engineering. There are usually certain requirements for the professional background of the applicant, but this has also become one of the best choices for many other professional students (such as mathematics, computer, etc.) who want to transfer to finance.

Other Masters of Finance: In addition to the above three majors, the Masters of Finance in American universities also includes financial analysis, international finance, applied finance, and financial management. The courses of these majors are mainly finance, but they all have different focuses.

Finance and finance are the products of modern economy. In ancient times, it was mainly farming and agricultural economy, mainly barter and simple currency circulation. Finance and finance did not exist at all. For example, in China, some financial theory views are scattered in various classics discussing the issue of "goods". As an independent discipline, it was first formed in the West and is called "currency and banking". Finance in modern China was introduced from the West, and there are various theories of money and banking from classical economics to modern economics.

After the late 1950s, the name "Monetary Credit" was gradually widely adopted. At this time, I began to pay attention to a comprehensive analysis of financial issues under the two social systems of capitalism and socialism, and put forward some theoretical issues to discuss in accordance with China's actual situation, such as: the nature of the yuan, the issue of currency circulation, socialist banks Issues such as fiscal revenues and expenditures, credit revenues and expenditures, and the balance between supply and demand of materials. However, in general, finance has not received much attention during this period.

Since the end of the 1970s, China s financial construction has entered a new stage. On the one hand, it has re-researched and clarified Marxist financial doctrine in combination with reality, and on the other hand, it has reversed the tendency to completely reject western contemporary financial science. Research and evaluation of them; at the same time, with the increasing role of financial activities in economic life, the financial discipline has received extensive attention; this has created favorable conditions for the rapid development of finance with China's actual background.

The content of financial studies is extremely rich. It is not limited to the study of financial theory, but also includes the history of finance, the history of financial doctrine, the contemporary financial doctrines of Eastern and Western factions, and the separate and comparative study of the financial systems and financial policies of various countries. Within the scope of the study.

The main research topics in financial theory are: the nature and function of money and its status and role in the economy; the forms of credit, the functions of banks and their status and role in the economy; the nature and role of interest; in modern banking The characteristics and rules of currency circulation organized on the basis of credit; the theory of macroeconomic control of economic life through currency, etc.

1. Securities qualification certificate. This is a certificate of entry and a necessary certificate to enter the securities industry. A total of five subjects are tested: basics, laws and regulations, etc.

2. The Certified International Investment Analyst (CIIA) exam is an advanced international certification qualification test tailored by the Registered International Investment Analyst Association (ACIIA) for practitioners in the financial and investment fields .

3. CFA is a "Chartered Financial Analyst" (also known as "Chartered Financial Analyst"). It is a professional qualification title for the securities investment and management community. ICFA) was established.

4. The sponsor's competency test will be taken once a year after 2005. The test subjects are the comprehensive examination of securities knowledge and the investment banking professional examination. The examination time for each subject is 3 hours, with a total score of 100 points for each subject and a passing score of 60 points. Those who pass both subjects are deemed to have passed the exam. Results are valid for one year. There are three test centers in Beijing, Shanghai and Shenzhen. The actual passing line of the two exams in 2004 was 90 points for both subjects. The exams were in the form of closed-paper exams, and the questions were objective questions.

5. The futures qualification certificate is the same as the securities qualification certificate, and it is also the certificate required for entry. You can apply for a high school diploma or above, and you can take two exams, basics and regulations. Financial futures are about to be launched, and futures talents should become popular.

6. The qualification test for insurance intermediary practitioners can be divided into: the qualification test for insurance agency practitioners and the qualification test for insurance brokers and insurance assessors.

7. Certificates in gold analyst, financial English, etc.

Professional code: A020105; Professional name: Finance (Specialist) *
Note: "Standard No." was used before 2002
Serial number	Type number	course code	Standard	Course Title	credit	Types of	Examinations
1	001	03706		Ideological and moral cultivation and legal basis	2	Compulsory	written examination
2	002	03707		Introduction to Mao Zedong Thought, Deng Xiaoping Theory and the Important Thought of the "Three Represents"	4	Compulsory	written examination
3	003	00009	3005	Political Economy (Finance)	6	Compulsory	written examination
4	004	04729		College Chinese	4	Compulsory	written examination
5	005	00020	3007	Advanced Mathematics (1)	6	Compulsory	written examination
6	006	00066	3076	Money Banking	6	Compulsory	written examination
7	007	00043	3011	Introduction to Economic Law (Finance and Economics)	4	Compulsory	written examination
8	008	00065	3068	Introduction to National Economic Statistics	6	Compulsory	written examination
9	009	00041	3069	fundamental accounting	5	Compulsory	written examination
10	010	00018	3015	Computer application foundation	2	Compulsory	written examination
11	010	00019	3016	Computer application foundation	2	Compulsory	Practical assessment
12	011	00072	3550	Commercial Banking and Operations	5	Compulsory	written examination
13	012	00073	3077	Bank Credit Management	6	Compulsory	written examination
14	013	00060	3081	finance	4	Compulsory	written examination
15	014	00055	3073	Business accounting	6	Compulsory	written examination
16	015	00103		Securities Investment	5	Compulsory	written examination
17	231	05679		Constitution	4	Gakao	written examination

Related instructions
Exam way	Society-oriented
Application scope	Province and Hong Kong and Macau
Examination school	Shenzhen University
Curriculum	15 compulsory courses with a total of 73 credits; 0 elective courses with a total of 0 credits; 1 additional course with a total of 4 credits;
Description	Candidates from Hong Kong and Macau may not take the two courses 001 and 002, but they must take the additional 231 courses.

Professional code: B020106; Professional name: Finance (Undergraduate) *
Note: "Standard No." was used before 2002
Serial number	Type number	course code	Standard	Course Title	credit	Types of	Examinations
1	001	03709		Introduction to the Basic Principles of Marxism	4	Compulsory	written examination
2	002	04183		Probability and Mathematical Statistics (Business Management)	5	Compulsory	written examination
3	003	04184		Linear Algebra (Management)	4	Compulsory	written examination
4	004	00051		Computer applications in management systems	3	Compulsory	written examination
5	004	00052		Computer applications in management systems	1	Compulsory	Practical assessment
6	005	00078	3552	Bank accounting	5	Compulsory	written examination
7	006	00079	3691	Principles of Insurance	5	Compulsory	written examination
8	007	00053	3262	Introduction to Foreign Economic Management	5	Compulsory	written examination
9	008	00077	3279	financial Marketing	5	Compulsory	written examination
10	009	00054	3020	Principles of Management	6	Compulsory	written examination
11	010	00058	3032	Marketing	5	Compulsory	written examination
12	011	00076	3062	International finance	6	Compulsory	written examination
13	012	00067	3071	Financial Management	6	Compulsory	written examination
14	013	06999		Graduation thesis	Credits not counted	Compulsory	Practical assessment
15	101	00015	3022	English (2)	14	Elect	written examination
16	102	00040	3014	Introduction to Law	6	Elect	written examination
17	103	00896		Introduction to E-Commerce	4	Elect	written examination
18	104	05678		Financial law	4	Elect	written examination
19	201	00066	3076	Money Banking	6	Gakao	written examination
20	202	00060	3081	finance	4	Gakao	written examination
twenty one	203	00073	3077	Bank Credit Management	6	Gakao	written examination
twenty two	204	00009	3005	Political Economy (Finance)	6	Gakao	written examination
twenty three	205	00041	3069	fundamental accounting	5	Gakao	written examination
twenty four	231	00246		Introduction to International Economic Law	6	Gakao	written examination

Related instructions
Exam way	Society-oriented
Application scope	Province and Hong Kong and Macau
Examination school	Shenzhen University
Curriculum	13 compulsory courses with a total of 60 credits; 4 elective courses with a total of 28 credits; 6 additional courses with a total of 33 credits;
Description	1. No less than 14 credits must be taken for courses 101 to 104. 2. Candidates from Hong Kong and Macau may not take the 001 course, but must take the 231 course. 3. Graduates of finance, financial securities, and international finance majors can apply directly to this major. Graduates from other majors (or above) must apply for five additional courses from 201 to 205. Those who have passed the exam with the same name Can apply for exemption. 4. This major only accepts graduates from colleges (or above) whose qualifications are recognized by the state.

Finance majors mainly use computers to implement mathematical models to solve financial-related problems. Therefore, the finance major is different from the MBA and MSP. It is mainly to train technical workers in the financial industry, also known as financial professionals-Quant. Quant's positions are concentrated in investment banks, hedge funds, commercial banks and financial institutions. The main tasks responsible are also very different according to their positions. The more representative ones include pricing, model validation, research, develop and risk management. They are responsible for the establishment and application of derivative pricing models, model verification, model research, program development, and risk. management. In general, work is relatively hard, and income is much higher than in other industries. Take Quant Developer as an example. Although there is no essential difference between actual work and programmers in other industries, not only is the income high, but it is easy to find a job.

For now, the employment of finance majors in China is mainly in the following areas:

Fund companies: Fund companies now need talents who can do fund performance evaluation, risk control, and asset allocation.

Securities companies: Securities companies are now in a difficult period, while also seeking opportunities for survival through the collection of reasonable wealth product design.

Banks: The most traditional banks are also undergoing subtle changes. Now the head banks of major banks are working on establishing internal risk management models and urgently need talents in this area. However, because the bank's employment system is relatively rigid, truly capable people may not be able to go in and do this. Another important department within the bank, the Treasury Department, also needs financial professionals. On the one hand, they operate in the interbank bond market, which is the main force of the future fixed income securities, and also the corporate bond market with great room for development in the future. The main force in the design of financial professional products, mortgage-backed bonds.

Course direction

Financial Investment Analysis and Financial Management

Financial Management and Investment

Financial Engineering and Risk Management

On-the-job graduate students majoring in finance are specialized professionals who possess theoretical knowledge and business skills in finance, and are capable of engaging in related work in banking, securities, investment, insurance, and other economic management departments and enterprises.