some careers in financial management
TRANSCRIPT
Career Paths for Financial Management
Prepared by: Gerry O. Gatawa
Financial Management
Financial Officer of Corporations
Treasury of a Bank
Manager of Credit
CooperativeManager in
Insurance firm
More on managing people
Financial Management
Treasury of Corporation
Manager in a BANK
Lending officer Credit
CooperativeInvestments of Insurance firm
More on managing MONEY
Financial Management
Get a JOB, near the MBA school
Attend classes 3 hours a week
35k 70k /m
Financial Management
Master of Business Adminstration For
PROFIT
Master of Development Management NON-PROFIT
Financial Management
Master of Financial Engineering Math, Stat
Master of Computational FINANCEOperations of Investment
companies. Computers / Data
“Are you making money?”
Talks to CLIENTSDeals with other Brokers
* Orients the SALES team
Gets the ORDERSFulfills the ORDERS
Passes on market INFO to “RESEARCH”
Stock broker office
Talks to the Listed Companies
Master of Business
Administration
Chartered Financial Analyst
Manage many workers
+ fixed assets
Manage funds, investments
= Liquid assets.
Jobs related to Stock Exchange & “Securities”CAREER PATH FOR SPECIALISTS
CAPITAL MARKET
For the listed company Fund manager
Broker
Chief Financial Officer
Bank Credit Officer: loans
Investment Banker: issue stock or bonds
Financial Analyst
Economist
Treasury
Budget
Certified Securities
Representative
Chartered Financial Consultant
Chartered Market
Technician
“stock trader”
“Technical analyst”
“Insurance expert”
P6000 / 3 days
P5,000 / 2 days
Registered Financial Planner
Registered Investment
Adviser
Chartered Financial AnalystThree Exams,
Three Years
Portfolios “for you”
Estate, Inheritance
P35K / 8 days
$1200 per exam$220, for teachers
Exam in the USA
Where lie your Talents and SKILLS
More on managing PEOPLE
More on managing MONEY
Questions?
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Securities Representative Certification (SRC) Exam
“SRC exam” for the CSR, the Certified Securities
Representative
Venue: Securities & Exchange Commission, 10th floor. Computer ROOM.
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Economics• If the central bank raises rates, is it
“tightening” or “loosening”?• If reserve requirements are raised,
what is the effect on business? Answer: higher rates on business loans.
• What is the sequence: ex-div date, record date, declaration date, payment date….?
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Profit & Loss Statements• How to calculate EBIT • How to calculate net profit (ebit –
interest – taxes) • How to calculate earnings per share,
given date: EBIT, net Profit, authorized shares, subscribed shares, outstanding # of shares.
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True or False• An “exchange” is any party that acts
as a counterparty in making or taking delivery of shares …. To effect settlement in a securities transaction.
• True • Or • False
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Shares and Debt • What is a reverse split of shares• What happens if you buy stocks one
day after ex-Div date• What are debentures; do they have
any collateral, underlying them?• Which is the “senior debt”, bank loan
or bonds?
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Suspicious transactions• A broker can combine an order for
his account, with an order for a client, for the same security, provided proper accounting is done at the end of the day.
• True or • False
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Dividends• cash dividends – when cash div is paid• Which shares get cumulative preferred?• do “participating preferred shares” get cash
dividends? What kind of dividends.• stock dividends– what happens to the stock
price of 60 after a 10% stock dividend?• What is a 1:4 rights offerring• price of a stock, before and after the rights
offering. Calculate the change.
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Market manipulation• What is securities fraud• What is front-running• What is a “wash sale”• What is “painting the tape” • What is “market surveillance”
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Broker-dealer• What is a broker-dealer• What is a specialist• What is a market-maker• What is a dealer, as opposed to floor
broker, or commission broker.
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Format of Quiz Questions• Sometimes there are four statements• Then they ask you, “Which is true,
….” – A: statements 1, 3, and 4– B: statements 2, 3, and 4– C: statements 1 and 4 only
Exam Results come out after one week
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Format of Quiz Questions• They show four statements, then
ask:• Which of the four statements is “not
false.” – statement 1– statement 2– statement 3, or – All of the above are true / are false.
Exam Results come out after one week
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One examinee per
computer.
One computer per examinee.
Layout of the Exam ROOM
“Sit anywhere.
Choose any PC.”
SEC Exam ROOM looks something like this.
________
Layout of the Exam ROOM
Keep BAGs at this counter
________________
________________________
“Proctor” or Monitor gives you a code number & code
name.
DOORBathrooms Elevator
________
One examinee per computer.
One computer per examinee.
________Water Dispenser.
Free cups.
“Sit anywhere.
Choose any PC.”
Get scratch paper from Monitor.
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TYPE in candidate number,
example “27”
You may go back & forth the 120 questions. You may review
your answers, edit them. Change from “A” to “C”.
Your name will appear.
First name Last name
Next, type in your password
Your exam screen will appear *after three minutes.
After you reach question 120, you may review…
If you are truly finished, click on ‘SUBMIT” button.
When finished:
Are you sure?
“SUBMIT”
Yes No
“test results were submitted”
Question # If the cash dividend is 10… __ If the cash dividend
is 10, and the stock price is 60, how
much is the dividend yield on the stock?
Full Question
0 A. 10% 0 B. 20%0 C. 16.67
Question # If the EBIT is … __Question # Broker’s license
must be … __Question # Money-
Laundering is … __Question #
“Know your client” means
… __IF you Click on “C”…
Then “C” will appear in this
blank
View of the computer monitor at SRC exam
“Choices”
120 questions for 180 minutes
C
Overview of the Questions
Don’t write codigo on your hand
TRUE OR FALSE? The proctors check for three arms, written fingernails…
Register via S-E-C
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