Reflection Paper In Finance

I am currently majoring in Finance Management. Most of the time people think of finance as just managing money. However, finance is needed for so much more! The finance industry deals with starting businesses, developing new products, expanding markets, as well as everyday things like saving for retirement, purchasing a home, and even insurance. The stock market, asset allocation, portfolio analysis, and electronic commerce are all key aspects in finance. In this paper, I will explain how these features play a vital role in the industry, along with the issues that come with these factors.

With technology advancing every day, the way people shop and invest their money has drastically changed. This is impacting financial professionals as

However, I am still not 100% certain what I want to do for a career. In finance, there are so many options to consider. For example, I’ve looked into being a financial manager, an investment banker, or even a corporate lawyer. If I were to choose financial management as my career, the latest Internet trends impact that industry tremendously. When managing funds for a company, I would have access to all the information I need at my fingertips. However, I would need to pay careful attention to how e-commerce affects the company’s and the competition’s customers. Also, with all the information so accessible, people are finding ways to manage their money without the help of professionals. This could lead to a drop in demand for financial planners and managers. I, personally, don’t feel like this will be a huge issue since people will always need advice on saving for retirement or allocating their wealth. However, it is something to be aware of and might affect my career decision later on down the road. On the other end of the

Whether it is dealing with the stock market, electronic commerce, portfolio diversification, or just simply allocating your assets, finance is more than just managing money. As technology progresses, the financial industry will advance and the demand for financial planners and managers could go down. However, there is no specific formula for allocating your wealth or for investing in the stock market. Every person and company is different, and the stock market changes constantly. People will always be running a business or a school, saving for retirement, financing a home, and investing their money. That is one of the reasons why I find finance so fascinating. Even if you aren’t making a career out of it, economic and monetary skills are vital for the rest of your life. Needless to say, finance is and always will be a diverse and ever-changing