Financial Management centers around the fundamental principles of Finance, Accounting and Budgetary Control. And closest to home for bankers, digital-first banks like Moven and Simple, and checking account alternatives such as American Express’ Bluebird and Serve prepaid cards have woven personal finance management into the very fiber of the user experience. This is the personal finance equivalent of finding loose change in your sofa cushions – except that it is a lot more powerful than the tactic of rounding up purchases and putting the spare change into savings like Acorns and Bank of America’s Keep the Change” feature. CFM graduates will be well equipped to create and develop technology to solve financial problems more efficiently and effectively.
Graduates of the CFM program will bring a unique, interdisciplinary skill set to the market place that will help them stand out from the crowd and make their mark in the finance and information technology industries. The financial services industry relies so heavily on the capabilities of its technology that some might argue this industry is really in the information technology business. It gets long-term cash from equity shares, debentures, term loans from financial institutions, etc.
What Computing and Financial Management (CFM) offers is a program where you can develop expertise in both computer science (using technology to solve real world problems) and finance (the science of managing money). With the tech-speak of IT professionals and the money-speak of finance professionals, graduates will be able to fill the gap that exists between these two disciplines. Add this knowledge to 2 years of co-op work experiences you can gain from the world’s largest co-op program and you will be armed with a unique skill set that will help you stand out from other job seekers. Information technology people scratching their heads over modern finance and accounting.
Unlike other programs that offer business options or minors within an information technology program or technology options or minors within an accounting or business program, CFM offers a balanced program with equal courses in each field, providing you with focused, in-depth knowledge of computer science and finance from the start. Futures and options are not just investments – they also represent the many possibilities your unique Bachelor of Computing and Financial Management can create for you. The financial services industry needs professionals who can bridge that gulf and CFM graduates do just that.
Additional finance can be collected from shares, debentures, loans from financial institutions, fixed deposits from public, etc. Checking the financial performance : The finance manager has to check the financial performance of the company. Investors will invest their money in the company only if the financial performance is good. The finance manager must compare the financial performance of the company with the established standards.