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BS Business Administration: Financial Management

Bank tellers process and record routine transactions for bank customers including cashing checks, accepting deposits and withdrawals, processing loan payments and money transfers.

Branch managers of financial organizations administer all the functions of a branch office, from hiring personnel to assisting customers with accounts, approving loans and lines of credit, and establishing a rapport with the community to build business.

Cash managers supervise the flow of cash receipts and disbursements to meet the investment and business needs of their company.

Controllers oversee the preparation of financial reports that review and preview the organization’s financial position. They also prepare special reports required by regulatory authorities. Often, controllers oversee the accounting, audit, and budget departments.

Foreign Exchange Traders are responsible for carrying out the company’s FX trading on a day-to-day basis in accordance with Central Bank FX and Anti-Money Laundering guidelines and internally set FX trading limits.

Credit managers are in charge of their firm’s issuance of credit, and all policies and procedures surrounding it.

Directors and managing directors (MDs) focus on corporate finance. MDs develop and cultivate relationships with various companies in order to generate corporate business for the firm. MDs typically specialize in one specific industry, to develop relationships among management teams of companies.

An internal auditor conducts internal control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent frauds, embezzlements, misappropriations.

Managers specializing in international finance develop financial and accounting systems for the banking transactions of multinational organizations.

An Investment Analyst undertakes research to provide information and investment ideas to fund managers. The information that analysts provide enables fund managers to make decisions relating to the investment portfolios they manage.

Investment Bankers provide advice to commercial clients and the government about various financial matters including fund and debt management, mergers, acquisitions and privatization.

Management Consultants use their business skills to provide objective advice, expertise to help organizations in solving financial issues, create value, maximize growth and improve the business performance of their clients.

A portfolio manager is a partner in an investment bank or senior management in a retail bank or an insurance company.

Risk and insurance managers work to reduce risks and losses that may arise from business operations and financial transactions undertaken by their company. They also manage the organization’s insurance budget.

They research and examine financial data on stocks and companies so they can then advise businesses on how best to invest their money.

Treasurers and finance officers manage the investment of funds and handle associated risks, oversee cash management activities, carry out capital-raising strategies to support a firm’s expansion, and supervise mergers and acquisitions. Some companies may hire financial managers on a temporary basis or hire financial management consultants for all their accounting and financial operations.