Investments & Finance

by NCinDC

Question by pjm_1991: What kind of degree do I need to get into banking,investments,financial analyst,or management?
Ok I start college june 3rd I am going to get my Associates degree in Business management. I want to take the right classes so one day I can get into one of the following. banking,investments,management,financial analyst. can someone suggest the degrees or path I should take to get into one of those fields. Also if anyone knows starting salary’s for those fields can you please let me know.

Best answer:

Answer by MomSezNo
FWIW, I know someone who is a financial analyst. He majored in math in college, minored in economics. He was 2nd in his class at a small but extremely competitive college and one of his profs put him in touch with the firm he works for now. He makes a “ton” of money and loves what he does – mathematical modeling.

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by mars_discovery_district

Question by ♥: How do I get my foot in the finance field with no experience?
I have a Bachelor’s in Finance but no experience in the field. How do I land a job in this area? Where should I start?
And what types of jobs should I be applying for?

Best answer:

Answer by Shanx
These are very difficult times to get new jobs in finance area because so many experienced people are jobless, and there is a lot of supply compared to less demand.

Finance is a vast field. Please identify what topics/areas within finance interest you the most, and try to approach companies as a motivated and competent person, who is willing to work at a low salary. That’s your best chance if you want employment.

If you want to be in investments, then you should try to make 1-2 profitable investments, and show their proof to potential employers. Let the numbers speak.

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by ChazWags

Question by Tracy: i need to know the savings I can show to save my entire tax deductions?
I have an annual salary of 3.45 L/annum. I am a female. Anyone with knowledge of tax, please answer my question that how much maximum savings in form of NSCs, PPF, Insurance do I need to invest to avoid any income tax deductions. I am paying rent of Rs 7500 per month. Please let me know the answer. Thank you

Best answer:

Answer by Prasanth
This is difficult without the break-up of your pay since part of the basic is already accounted for as PF etc and not everything is taxed at the same rate if supportings are available. I suggest that you download this tax calculator from http://prrajan-tax.blogspot.com/2008/03/indian-income-tax-calculator-for-fy2008.html and fill in the columns; change the “M” to “F” in the “Parameters” sheet.
You can try values until you get a zero tax liability. In case you have any queries on its usage, you may ping me through my Y! Answers profile.

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