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Tony Fernandes launches Fintech company

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In an interview with CNBC in last month January 2019, the CEO of Airasia revealed about the the launching of New Fintech Platform, which will create great opportunities for Malaysians to become rich those who has interest into this. This platform will be operated in an efficient and effective manner while maintaining maximum income. It will be supported by the Malaysian Government and will be regulated heavily by the respective regulatory bodies in Malaysia. Safety will not be compromised to provide the financial protection for the users.    How this platform work?  An user need to make a $250 of initial outlay. Then the system will start to process everything automatically with the trading algorithm. Goh Peng Ooi is the one of the top 50 richest Malaysian as per Forbes already invested $250 in the Blockchain conference. He mentioned that it will benefit significantly to the Entrepreneurs and ordinary people. He also added he will provide support to Tony ...

Career in Finance

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Investment Analyst: Investment analysts conduct research, create financial models, and produce analytical reports and recommendations concerning specific types of stocks, bonds or other investment securities. Investment analysts work for many types of firms in the securities industry, including brokerages, banks, money management firms, hedge funds and pension funds. Professionals in this field are also known as securities analysts or financial analysts. Investment analysts produce research and buy-sell recommendations for two distinct uses, depending on the employer. In a bank or brokerage, investment analysts generally produce recommendations for company agents who use the information to sell investments to individual clients and the public at large. These firms operate on the sell side of the market. On the buy side of the market, which includes hedge funds, pension funds and wealth management firms, analysts usually produce research and recommendations for the company...

Three branches of finance

Finance can be categorized into three major areas as below: In  personal finance , decisions are made about paying for education, financing goods such as real estate and vehicles, buying health and property insurance, and investing and saving for retirement. According to the Financial Planning Standards Board, the six key areas of personal financial planning are: Financial position: understanding what resources are available by looking at the net worth and cash flow of a household Adequate protection: the analysis of how to protect a household from unforeseen risks Tax planning Investment and accumulation goals Retirement planning Estate planning Corporate finance  is all about providing the funds for a business’ activities. Finance managers: Balance risk and profitability Study and forecast economic trends Review company reports and suggest efficiencies Work to maximize stock value Manage funds, including choosing a portfolio of investments Apply principl...
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Comparison Chart BASIS FOR COMPARISON ACCOUNTING FINANCE Meaning Accounting is an art of recording and reporting of the monetary transactions of a business. Finance is the science of management of funds of a business Branches Financial Accounting, Management accounting, Cost accounting, Tax Accounting etc. Private Finance, Public Finance, Corporate Finance etc. Career Accounting professionals can become accountants, auditors, tax consultant, etc. Finance professionals can become an investment banker, financial analyst, finance consultant, etc. Division Accounting is a part of finance. Finance is not a part of accounting. Objective To provide information regarding the solvency status of the company to the readers of the financial statement. To study the capital market and funds of business for making future strategies. Tools Income Statement, Balance Sheet, Cash flow Statement etc. Risk Analysis, Capital Budgeting, Ratio Analysis, Leverage, Working Capital Management ...