ALL ABOUT BANKING JOBS & FINANCE

JOBS SKILLS FOR BANKING JOBS

The financial system: how it works and usual problemas involved
Recruitment and transparency of banking operations.
Bank accounting fundamentals.
The mathematics of banking.
Organizational models of credit and distribution channels.
Analysis and risk management of credit investments.
Bank structure and segmentation.
Banking and means of national recovery.
Methods of collection and payment in foreign trade operations.
New financial instruments.
Financial Markets.
Negotiating financial institution-customer.
Taxation of banking products and services.
Banking contracts.
Accounting: This module is optional and is aimed at those students who have no training in this regard. It is taught at a different time to the Masters for 93 hours.
The future in the financial banking industry.

Master's thesis work and Banking Master Programs

It has a usual duration of 450 hours spread over 390 teaching + 60 Final Master Work.
Includes:
Full agenda for this course:
MODULE 1.
Advanced Course in Banking and Finance (100 hours).
Content of study:
Banking products and services.
MODULE 2.
Postgraduate Diploma in Banking and Finance (150 hours
validation Mod. 1 to 250 hours in total).
New contents of study:
System and Methods of Payment.
Effective Public Presentations.
Management techniques.
MODULE 3.
Master in Banking and Finance (200 hours
Recognition of Mod. 1 and 2 450 hours in total).
New contents of study:
Stock and Financial Markets.
Financing Foreign Trade.
MODULE 4.
Executive Master in Banking and Finance (300 hours
validation of Mod 1 at 3 750 hours in total).
New content of study:
Financial Advisor Course
(The student with the Executive Master also obtained certification as Financial Advisor).

Other desirable skills and areas of knowledge

-Funding for the capital markets.

"The Fixed Income Market.

"The Equity Market.

"The Options Market, Futures and Warrants.

"Sales Management: Organization of trade networks.

-Analysis and evaluationof investments. The Cost of Capital in Investment Analysis.

"Valuation of companies: shares, mergers, acquisitions, joint ventures.

-International Finance.

"The different forms of business concentration: Transformations and changes secretaries.

-Analysis of the Evolution of the Financial Statements.

Static-Financial Diagnosis.

-Analysis of the Evolution of the Financial Statements.

"Dynamic Financial Diagnosis.

"Selection of projects, cost of capital and company valuations.

-Tools for making short-term cash management.

"Information systems and efficiency of the internal circuits. Technology and Information Systems.

"New technologies applied to finance.

-Balanced Sorecard: Design of financial management strategies.

-Final Project: Strategic Business Plan.

What is the ethical banking?

It is ethical investing, environmental and social responsibility: In recent years it has grown considerably the interest of the citizens for friendly investment environment, solidarity purposes, etc. Within this general framework is a new financial philosophy, based on banks committed to social and cultural objectives or ethical banking. There are NGOs such as Economists Without Borders (ESF) to promote ethical investment, whether in products from traditional banks or banks "specialized." According to NGOs, "the starting point focuses on offering investment products, that without departing from the basic market rules, with an alternative to the traditional instruments, offering the opportunity to decide the use of saving and using this power supply to strengthen and consolidate ethical, ecological and social responsibility. "

These financial institutions operating in various European countries, for example, Merkur, Denmark, Oko GLS Bank, Germany, Alternative Bank or Banca Populare Swiss Ethics, Italy. This type of banking can "use banking services and get them an economic return and social, not a utopia," says Esteban Barroso, director of the first ethical bank installed in Spain, Triodos Bank. Banks and traditional savings also offer the possibility of investing in such products. They get an image and economic performance, while the client manages, in addition to the benefits of each product that your savings have a social purpose.

Deposits: battle for savings bank

Banks, in a war to win customers from competition, offer interest of up to 5% who transferred their savings.
It's war. It seemed that this year the bank would offer little savings for individuals. In theory, lower interest rates (at 1%) could not be expected too much on classic products, such as deposits and accounts. However, financial institutions have broken with the archetypes of all financial manuals and there is a real battle to attract money from retail investors. "Stealing" a client is a top competition for banks and savings banks. The rent time deposits up to 5% APR interest a year for new money from another entity. The savings accounts reaches 3.5% APR. Wages are still very interesting, because official rates are at historic lows. Should seize the opportunity because everything indicates that tenders will be fleeting.

The battle focuses on savings in term deposits, reservoirs that require a commitment to stay and can not retrieve the money until maturity. This rage to promote the mobilization and transfer of some entities to others because the financial picture is still very complicated: the margins fall and lending business is still paralyzed. Some savings banks, as CajaSur and Caja Castilla la Mancha, have reported losses for the year 2009. Institutions needed funding and one of the easiest ways to get it is to appeal to small savers with suggestive impositions, then try to expand by linking with other instruments. Amid the uncertain economic climate, the stock market is not a reliable alternative to what entities know that the savings bank priority is a successful formula. 48% of the Spanish financial savings is in bank deposits, compared with 24% invested in mutual funds and stock options, according to Inverco, the Association of Collective Investment Institutions and Pension Funds. At the end of February, there were more than 1.6 billion euros invested in time deposits.

The highest wages are only meant for new money, not the already deposited in the bank. Another key aspect that explains the war to capture is the restructuring savings in the area of the boxes, with several mergers in place and others pending. Many savers are confused and worried about what might happen with their money after completion of the merger. To exploit this weakness, the major entities, the most creditworthy, have launched a counteroffensive that seeks to capture those who are worried about the current situation. The race has a clear goal: to steal customers from competitors. The highest wages are only available for new money, not for the already deposited in the bank. Strengthening the customer base is paramount to the institutions and the deposit paid is the login hook. The intention is to connect banks and after those customers with other products.
Does or deposit?

Decide which is more interested in the saver, if an account or deposit is a matter of availability, planning and liquidity. If it is estimated that you need the money soon, it should invest in a savings account because their liquidity is total permits the recovery of capital at any time without penalty. In deposits, however, it is customary to punish entities who removed the money before maturity default. The Bank of Spain requires that cancellation fees do not exceed in any case the interest, but it can happen that the final count is zero (the saver does not make money, but does not lose) if you decide to repay the capital early. If the investor need the money soon, we are interested in a savings account with total liquidity

By signing a term taxation should take account of financial planning, at least during the period of deposit. If you subscribe to a year, will be assessed in this period do not need the money or, if so, that even with the commissions the interest rate is attractive. A reservoir with a 4% annual interest, which applies a 1% commission for early cancellation, it will be interesting even if you have to repay the money early.
Before entering into a deposit:

* Ask linkage requirements: how many products are required to sign and for how long.
* Consult early termination fees.
* Finding the minimum investment required to enter the tank and its term.
* Know the fees charged in the associated products.

The best bank deposits and saving programs

The higher interest rate reaches 5%. However, when choosing a tank, it is preferable to also examine the link required and commissions. The best deals exceed 3% and require no subscription requirement or commitment of other products with the bank or box.

* Caixa Penedes: offers the highest interest of the market. Da 5% on your Deposit Bonificado, a period of 12 months and from 1,000 euros. However, it requires household payroll, spending a minimum sign cards and certain investment and insurance products. The link is very high.
* Caja de Ahorros del Mediterráneo: has launched a one-year deposit at 4.25% APR. Requires a minimum investment of 25,000 euros, hire a savings plan, life insurance or buy 1,000 shares of the entity participatory.
* Banco de Santander: has one of the most striking offensive, offering 4% from € 25,000 to the payroll and domicile who enters into a pension plan or 500 shares of the entity. Committees should be consulted pension plans (which can reach 2%) and stock purchase, if interested in the offer.
* Banesto Bank: the return is 4% for clients who enter from other entities, at least 40,000 euros. It does not require bonding.
* Openbank: account with a deposit of 4%, from 1,000 euros. You have to debit the payroll, receipts or three movements make six cards in the period of the deposit. We choose one of these three options.
* BBVA Bank: has deposits with interest of between 3% and 4%. The organization rewards, above all, the savings from Santander, its highest competitor. These customers provide up to 4%. It has a massive open. Its strategy is based on the customized offer. Branches should negotiate with those responsible.
* Banco Popular bank: Deposit Gasol, a year income to 3.75% APR. It does not require bonding. Implies only that the money comes from other entities.
* Banco Sabadell Bank: Give a 4% APR, but requires clearance linked to the payroll, the contract for home insurance, another life and a pension plan.
* Caja Madrid: 2038 Extra Deposit offers 3.5% a year who transfer their salary and receipts, make frequent use of cards and enters into a pension plan.
* Caja Navarra: Depósito.can marketed at an interest rate of 3.30% to within one year. It does not require bonding. His hiring is exclusively through the Internet.

The most appropriate accounts for each person and client.

Savings accounts, interest can be achieved up to 3.5%. Internet is a very important channel in competitiveness. The current offerings as witnessed:

* IBanesto: Blue Account offers 3.5% until January 4, 2011, with full availability of money and no commissions. It is an interesting offer, covering nearly complete a period of one year. It is not necessary linkages with other products.
* Openbank: Open Account Plus sells a 3% interest until August 2010 (four months). Then, be remunerated at market rate. The promotion runs until April 30.
* ING Direct Bank: Orange Account is an interest rate of 3% during the first four months. After that period, interest was reduced to 1.5%. This product also does not apply fees and provides the money quickly (you need to make a transfer to another bank account, another entity).
* Bancopopular-e: has the Pau Gasol Savings Account at 2.10% APR. Provides that interest without time-limit, which means making more money than bills whose starting salary is limited to specific periods.
* Citibank: have a Savings Account and Payroll Account Viva, an interest rate of 1.5%. Require clearance from the payroll in the state.
* ActivoBank: Activate your Account has an interest of 1.5% and makes available at any time savings. It requires clearance from the payroll.

Concern about continued employment at historic highs.

78% of citizens consider "bad" or "very bad" economic situation. The concern of the banking and finance sector unemployment decreased by one point in February, though still 81.8% of people regarded as the biggest problem, according to the barometer February Sociological Research Centre (CIS). This figure, less than nine tenths detected in the January survey, continues at historic highs due to concerns about the lack of occupation or the possibility of losing employment. The second source of concern are the problems of economic, reported by 47.8% of respondents. 78% of the interviewed considered "bad" or "very bad" the situation of the economy across our country, six points higher than in the previous month.

About 16.8% of respondents returned to put the politicians and political parties as one of their concerns. This negative perception was up nearly two points compared to January (14.9%). Regarding the political situation, 57.4% of the Spanish considered it "bad" or "very bad", compared to 53.5% who thought so in January. Only "good" or "very good" in the opinion of 5.4% (previously 6.8%) and 28.6% consider "regular", when before 33.8% thought so. In fourth position in the ranking of concerns of citizens immigration is situated (16.5%). It is followed by terrorism, mentioned by 12.5%, a figure that cut by 5.1 percentage points above. As for the problems that affect them personally, repeated reviewers in February unemployment first (42%) and economy in second (39.2%). Then he placed the housing (7.7%) and pensions (7%).

The survey was conducted between 5 and 14 February 2491 citizens, just a week after the government announced its proposal to extend the retirement age to 67 years. The barometer also coincided with the increase in unemployment over the barrier of the four million unemployed. Only 22.6% of respondents believe that the economic situation will be better within a year, compared with 38.3% indicating that shall be equal and 29.1% who predict that will get worse.