Commercial banks are in the business of providing banking services to individuals, small businesses and large organizations. While the banking sector has been consolidating, it is worth noting that far more people are employed in the commercial banking sector than any other part of the financial services industry. Jobs in banking can be exciting and offer excellent opportunities to learn about business, interact with people and build up a clientele. Today 's commercial banks are more diverse than ever.
You 'll find a tremendous range of opportunities in commercial banking, starting at the branch level where you might start out as a teller to a wide variety of other services such as leasing, credit card banking, international finance and trade credit. If you are well-prepared and enthusiastic about entering the field, you are likely to find a wide variety of opportunities open to you. Carefully, read through the material below as you decide whether you 've got what it takes to pursue a career in commercial banking.
Corporate Finance: Overview
career in corporate finance means you would work for a company to ((help it find money to run the business, grow the business, make acquistions, plan for it 's financial future and manage any cash on hand.)) You might work for a large multinational company or a smaller player with high growth prospects.
Responsibility can come fast and your problem-solving skills will get put to work quickly in corporate finance.
The job of the financial officer is to create value for a company. For example, the finance group at American Electric Power of Columbus, Ohio has four main areas of concentration: liquidity, flexibility, compliance with laws and regulatory support. The goals of the objective are met through four main activities carried out by AEP 's Finance Department:
1) designing, implementing and monitoring financial policies,
2) planning and executing the financing