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There is a diversity of definitions used by bodies such as NGOs and think tanks, but in its broadest sense, financial literacy is an understanding of money. [8] Some of the definitions below are closely aligned with "skills and knowledge", whereas others take broader views, and some are from academic research which is tested and validated:
The following is an interview I conducted recently with Higher One's co-founder and chief operating officer, Miles Lasater, as well as the company's financial literacy and consumer advocacy
Money Monster - Character in CFPB's Financial Literacy Curriculum for Kids CFPB Financial Education Project Launch in Chicago, Illinois, 2014 U.S. Consumer Financial Protection Bureau (CFPB). The CFPB is a US agency that offers a variety of financial education resources and tools aimed at empowering consumers.
Also offered are the Bachelor of Science in Business Education (BSBE), an undergraduate degree in the teaching of business and the Bachelor of Business Teacher Education (BBTE), a variant on the BSBE. Similar are the discipline-specific tagged degrees, such as the BS / BA in Finance, [6] or in Marketing, [7] or in Human Resources. [8]
Two areas of finance directly overlap financial management: (i) Managerial finance is the (academic) branch of finance concerned with the managerial application of financial techniques; (ii) Corporate finance is mainly concerned with the longer term capital budgeting, and typically is more relevant to large corporations.
Principles of Corporate Finance is a reference work on the corporate finance theory edited by Richard Brealey, Stewart Myers, Franklin Allen, and Alex Edmans. [1] [2] The book is one of the leading texts that describes the theory and practice of corporate finance. It was initially published in October 1980 and now is available in its 14th edition.
The National Personal Finance Challenge (NPFC) is a high school and middle school Personal Finance competition. Each year, over 18,000 students across the U.S. participate in the competition. The Challenge provides students with an exciting and motivating opportunity to build, apply and showcase their knowledge of finance.
In sales and trading, quantitative analysts work to determine prices, manage risk, and identify profitable opportunities.Historically this was a distinct activity from trading but the boundary between a desk quantitative analyst and a quantitative trader is increasingly blurred, and it is now difficult to enter trading as a profession without at least some quantitative analysis education.