By Mark Kolakowski, About.com Guide
Key Background Knowledge
Here's a crash course in all the basic knowledge you need to understand the industry, and start finding your place in it. Along the way, we cut through some of the jargon that may confuse the casual observer.
Here we discuss major trends in the industry and, even more importantly for you, their impact on careers. We include both trends that already are well underway, and trends that we anticipate materializing in the near future. Familiarize yourself with these currents and you're even better positioned for making informed career choices.
Financial Functions Common to All Industries
A majority of careers in finance actually are outside the financial services industry. Financial professionals are key employees in all industries, as well as in the nonprofit and government sectors.
Here are some hot financial topics in the news, and some key buzzwords you ought to know.
- Barter Exchanges
- Behavioral Finance
- The Fiduciary Standard
- Invoice Discounting
- Islamic Finance