Commerce And Finance Education In Modern Era

images (7)Commerce Education is that area of education which develops the required knowledge, skills and attitudes for the successful handling of trade, commerce and industry. Commerce consists of a wide range of inter-disciplinary branches including accountancy, business administration, e-commerce, finance, economics and marketing.

Commerce Education has a sea of options and opportunities for those who want to put their step forward in Business and follow its strategies. The career in commerce and finance is full of hard challenges and practical facts. It prepares students to succeed in both self and corporate employment and it also motivate to start their own business and run it professionally without the need to pay for expert services such as accountants and market consultants. The subjects offered in undergraduate degree courses in commerce are structured to impart in graduates competency in business principles and general management areas, and include statistics, mathematics, accountancy, book keeping, law, economics, international trade, finance and marketing.

A combination of undergraduate and postgraduate degrees in commerce and finance is offered by universities/colleges worldwide that serve as landmarks in education, and include Bachelor of Commerce (B.Com.) : a

Get The Best Housing Finance And Buy Your Dream Home

download (17)The home loan industry in India has been growing at a very fast pace for quite a while now. Several people are choosing housing finance as the funding required to buy houses of their choice. Whether you wish to buy a studio apartment in the city or a mansion in the suburbs, you can now find the perfect house loan to suit your needs. Home loans are accessible to a large margin of the masses; from salaried individuals to people owning their own businesses or running partnerships, you can get a home loan no matter what.

There is a large variety available in the home loan sector, today. A housing finance company can give you the funding required to buy a new home, build a home on your property, buy a piece of land or a plot, or even renovate your current house. If you cant find the house of your dreams, you no longer have to worry. You can just buy a house loan and build your home from scratch. Compromises are a thing of the past thanks to the options that people

An Overview Of Making Finance Your Career Choice

download (18)Being good with numbers is a skill that can come in useful and be an advantage in most jobs. If numbers are a particular strength of yours then a career in the finance sector or accounting could be the one for you. Accounting degrees are obviously a great route into the profession, many offering work placements so it can be possible to gain some vital experience as you learn. With the current economic climate being so volatile, many businesses are now relying on their accountants more and more.

Efficient businesses will keep their public records accurate and current. These records are often administered by an accountant along with other services, it can often depend on the branch of accounting entered into as there are different conventions between public sector accounting and business accounting for example.

For any would-be accountants there are a variety of positions available in different sectors. Governments, charities and corporations fall under the umbrella of public accounting and typical tasks for an accountant in these sectors can include dealing with a fair amount of tax related matters, consulting and monitoring financial transactions.

Used Auto Finance Availing It Is Not A Big Task!

Did you know that used vehicles could also be financed? Yes. Now with used auto financing option, you can also get a used vehicle financed. No matter what kind of vehicle you are planning to purchase, you can get finance for any sort of vehicles including car, truck, van or others.

Used auto finance is possible in two ways; secured and unsecured. If you want to opt for the secured option, then pledging a security against the lending amount is a must; while such kind of obligation is absent in the unsecured option. However, with the unsecured used auto finance option, it is possible for all kinds of borrowers, especially council tenants, MOD tenants, housing executives to purchase a vehicle by availing loans.

Though all kinds of vehicles can be financed with used auto finance, but some basic criteria are there. The vehicle, which you intend to get financed, should be not more than 5 year old. You can go for 100% finance but for that your monthly income, credit score and repayment capacity will be taken into consideration. Used auto finance is mainly available for 2-5 years.

It has been noticed that the interest rate of used auto finance is respectively high.

Bajaj Finance Consumer Loan – Making Comfort Affordable

The standard of living of the common man is improving, thanks to the various financial solutions offered by banks and private finance companies. Today consumers can afford a new home, car, higher education for their children and much more due to the various schemes available in the market. Customers can now also avail loan for basic consumer durable products like T.V., fridge, washing machine, A.C. etc. Consumer durable loans have made affording luxury a reality for many. There are quite a few providers for such a loan, but Bajaj Finance consumer loan is very famous amongst consumers.

Bajaj Finance consumer loan makes it easy for consumers to buy appliances like television, music system, washing machines and more at an easy EMI scheme. Till date such a scheme was available for just crucial requirements like home, car, business etc. But Bajaj Finance has crafted this unique plan to help the common man enjoy the luxuries he has only dreamt of. Under this scheme loan can be availed for products like LCD/ LED/ Plasma TV, Air Conditioner, TV/ CTV, Washing Machine, Refrigerator/ Fridge, Microwave Oven and Home Theatre System. The loan plan is made focusing on three major aspects i.e. easy availability, quick

Debtor Finance In Australia

Are you seeing to improve your cash flow? Your debtor finance facility should be able to assist you as this allows a business to finance their receivables with the aim of improving working capital and attaining a more constant cash flow. Debtor financing companies need to be flexible and straight forward when it comes to being used with no long-term contracts, no minimum, no ongoing monthly administration fees, and no property security.

Late payments can cause strain on a business cash flow and thus your debtor finance facility should help you get up to 80% on the face value on your invoices. The time frame for the same should be nothing more than 24vhours.

This increase in cash flow proves beneficial to businesses and helps fulfil orders. This allows the business to get control of their operating expenses, take advantage of early payment discounts, pay wages and suppliers on time, and make the necessary investment for expansion.
How this works is that you as a customer goes ahead and purchases goods or services. You will receive an invoice that validates your purchase which when handed over to your debtor financer, releases funds to you within 24 hours to the supplier. The customer

Beauty Salon Finance

In times of economic recession it can be extremely challenging for beauty clinic operators to gain access to a number of types of business funding in order to help their business expand and grow. Lets look at two important types of funding, which can help underpin and strengthen growth in terms of capital equipment and growth, and also point of sale (POS) finances a good way of driving sales and increasing profit for the business owner, In any economic climate.
To start with well take a look at operations finance which we can use as an catch all heading which includes business equipment leasing, overdraft facilities, business loans and any other credit that you would use to grow your company. If you want some new equipment or facilities you would most likely finance this with a business loan or a lease, in good economic times there would be dozens of options available, but in recession, most asset lenders who have to fund assets to be in business tend to contract and point their activity to markets such as Gov bodies or the medical sector due to the given perception, and likely reality, that these markets are better covenants from them

Financial Forecasting Helps Companies Prepare for Future

When it comes to money, there is no guarantee to it in the future. Jobs can be lost, and companies can close down due to lack of sales. Financial forecasting can help them plan for the inevitable and help them get through a rough time for their budgets.

There are many different things that business owners are going to have to do to ensure that when sales are slow, they can get through until they are able to turn things around. It can be difficult to get through it, but by figuring all of this out ahead of time, it makes it much easier and makes it possible. Planning ahead is always a good plan when it comes to money.

People that go out and are constantly buying things will find that they run out of money quicker than someone who has planned out their purchases. If someone wants a big screen television, they should plan ahead and save for it. While many people will have options that they can use a credit card or other means of credit, they will be paying more in the long run for their purchase.

When people know that they are going to have bills for the

People Having Worst Past Finance Record Apply For Financial Aid Through Internet

It is very hard for those peoples whose past finance history is not good; most of the financer denies their applications in one go. This makes the situation of person more worse when some unexpected comes on his head. But money providers these days came up with the financial services which are granted without any type of verification. These financial services are really boon for people having worst finance history because of their past mistakes. Now it is very easy for these kind of peoples to avail funds and meet their expense in an easy manner. These financial aids provide money quickly without looking into their past records. On the other hand to avail these aids you have to pay high rate of interest. So its up to you to be smart and avail these services through lender who is charging less rate of interest.

These finance aids are for short-time period and they get granted very quickly and are very helpful to the person who is availing these aids by fulfilling his urgent requirements. You are free to use amount you get through this services any way you like, pay your pending bills, pending debts etc. The funds you get

Will Apple Ever Make It to the Finance Industry?

PayPal on Apple iCloud Issues

Will Apple ever make it to the Finance Industry after PayPal showed negative reactions to Apple launching their Mobile Payment Service Apple Pay?

PayPal publicly questioned Apple’s credibility in getting into the Financial Industry when it announced recently in the New York Times its open contempt on Apple’s new technology. Putting much emphasis on Apple’s recent issue over iCloud, PayPal reminded the public when celebrities’ intimate photos suddenly went into circulation, throwing doubts on Apple’s credibility to secure financial accounts. The Ad accompanying such remark even stated, “We want our money, more than our selfies!”

The Technology to Replace Apple Pay Wallet

After the success of the Apple Pay, Apple is now launching another technology to upgrade Wallet features. This time, cash transactions are quick and made easy through a phone built-in NFC feature. NFC is a sensor strip built into every iPhone 6 and iPhone 6 Plus phones. This strip is found at the top of the phone and is activated once you hold your phone over a sensor. By simply touching the ID for authentication, transaction is done. With the new Apple invention, cash transactions are more quick and easy. For security of transactions, credit cards

Researching What Banks Offer and Finding the Right One For You

Banking is a safe way to store and spend your money. Whether you’re opening your first checking account or switching banks, picking a bank that works towards your specific needs is important. Some of the things you’ll want to consider during your research are convenience, location, and any fees that will be associated with your accounts or cards. It’s also important to assess how you feel about each company. Your gut feeling can be the strongest indicator of what will work for you and what won’t.

Size and Prevalence

Size and prevalence speaks to your travel needs and whether you’ll need access to your money either across the country or internationally. If you’re someone who doesn’t travel often, the prevalence of your branch may not matter. On the other hand, if you’re constantly traveling, you’ll likely want to choose one that has many locations across the states and overseas.


Banks vary greatly in their fee policies. While some advertise free checking accounts with no monthly fees, others will squeeze small fees out of you any chance they get. By doing thorough research on policies and schedules you can avoid fees that can add up to a considerable sum. Also inquire about savings account

Sales Agreement

A sales agreement is an agreement to buy and sell personal property that include but are not limited to cars, equipment or furniture. The contract confirms that sale and purchase of the asset. This form is not intended for use in the sale and/or purchase of real estate.

Knowing the pitfalls and how to avoid them can save both the seller and buyer headaches down the road. A proper form provides both legal protection and a peace of mind.

What are the main pitfalls and how to avoid them?

1. Never use a handwritten agreement as it is almost always incomplete and contains errors.

2. Never use a free form downloaded from the Internet as it is also almost always incomplete and contains errors.

3. Never agree to sign a sales agreement at time after the transfer of the asset.

4. Never accept verbal promises for payment especially from family and friend.

In all the cases above, a headache down the line may arise for both the seller and the buyer. The seller usually assumes that once they receive the cash they have nothing to worry about. This turns out to be untrue in many scenarios. One such scenario is that the asset sold is not properly

How To Trade Binary Options In An Easy Manner


There are a number of options, which traders can use as they venture into the Forex trade. One such method is the binary options trading. Learning how to trade using this method, especially for beginners in Forex trade, is a great step in ensuring that the business is profitable to them. The purpose of this article is to educate beginners in Forex on how to trade using the binary options, sometimes referred to as digital trading options.

What is binary options trading?

Before learning on how to trade using this method, it is important for one to understand what this method of Forex trading means. Binary options trading, unlike the traditional Forex trading options, involves the trader taking either a yes or a no position with regard to the price of a financial asset. The method is straightforward with a fixed reward and fixed risk, that is, the resulting payoff (on taking a yes or no position), is all or nothing. The various types of binary options are range options, touch or no touch options, calls versus puts options, and double touch versus no double touch options.

The key elements Understanding the major ingredients in this trading method is the first step to

Valuing Your Business

Continued from Part 1, in this article, we will discuss two of the five methods of business valuation: intrinsic value and investment value.

Intrinsic value:

To determine the Intrinsic Value of a business, a valuator will compare the difference between the business’s value as calculated through a valuation with the value of the business being traded in the open market.

Expressing this numerically, if Acme, Inc. is trading in the market at $50.00 per share, but the value of the company is $75.00 per share when analyzed by a valuation professional, then Acme, Inc. has $25.00 of intrinsic value. $75.00 – $50.00 = $25.00.

By this method, the Acme, Inc. stock is evidently undervalued, so an investor who noticed the opportunity this discrepancy provides could purchase the stock at $50.00 with the expectation that the stock will rise toward its true Intrinsic Value as other investors perceive the same opportunity. Of course, there is no guarantee that Acme, Inc. stock will appreciate to its Intrinsic Value, or, if it does, how long the appreciation will take.

Investment value:

Though largely a subjective valuation, Investment Value is determined by the abilities of an investor to perceive an opportunity and take action based on their skills and experience

How to Shop Around for the Best Checking Account

Whether it is your first back account or your fifteenth, choosing a bank account should always be done with careful consideration. If chosen haphazardly or on a whim, your new bank account can prove to be the cause of many unnecessary headaches, and even end up costing you a lot of money in checking fees. There are a few questions you should ask yourself to determine whether or not a bank meets the right criteria to be the right bank for you.

1) The first thing to determine is exactly what kind of bank account you are looking for, and what needs of yours must be met by this bank. For example, do you want to have a brick and mortar bank that you can walk into and talk with a banker if needed? Or do you operate mostly online or remotely, and therefore need a bank with strong online capabilities? Is the account a business or a personal account? Some banks will specialize in business or personal accounts, so that will be a good factor to take into account. Also, it’s a good idea to determine what kind of services you like to have in a bank, such as direct

Companies Outsource Their Mortgage Processes to Save Cost and Efforts

A mortgage is the process used by people to raise money to buy a property or by which property owners try to raise capital. It is a complex procedure that involves a lot of steps for successful completion. It also requires the services of a lot of professionals in order to successfully complete the entire process.

The mortgage loan process starts from the time a borrower applies for a loan. For this, the borrower needs to fill out a number of forms. These forms usually contain details about the applicant. They are also required to submit a large number of documents. These documents are the different proofs that are needed by the lending party to verify. The form and the documents are then submitted to a mortgage processor. Some of the documents that are needed to be submitted by the applicant include their bank details, their pay stubs and their tax returns. These details are going to be verified by individually calling each source. Whether it is the banks, or the employer, the mortgage processor calls each individual to validate all the details submitted in the form of applications.

The lender is involved in the next step. All the verified documents are

Problems Associated With Asset Management

Asset management can throw up many issues regardless of where you go for it. The interesting thing is that many people have started sharing their experiences on asset management, which can potentially save time and energy for a newly employed organization or professional and learn many new things in the process.

It is important for you to known some problems that are associated with asset management. Here are some of the most common problems that you should know about.

Lack of information in the evaluation
When a large team is asked to deal with the asset management of the company, sometimes the updates or information is too difficult to assimilate. This may be because there is lack of coordination and some parts of the business not being covered completely.

Miscommunication or lack of communication among departments
This is the most common problem that involves human error. The miscommunication or lack of information can range from something as small as missing one decimal place to having discrepancies on record.

Lack of skills to manage assets
The technical skills and knowledge to mange assets is also equally important. If the team does not have the requisite experience in doing so then this incompetence will lead into

What Is the Importance of General Ledger Reconciliation?

The process of financial accounts or bank reconciliation is vital for any small, medium or large enterprise. During this process, an accountant or a business owner matches the balance of the general ledger statements to the bank statements. If the balance does not match, then, the statements require to be cross checked by the concerned authorities. By the end of the process, a business owner knows the exact amount of cash available with a business that can be used for further investment purposes.

Reconciling general ledger statements are important. Tight financial filing deadlines, month-end closure requirements and need for accuracy creates the need for organizations to reconcile their financial accounts, close books as well as file accounting reports accurately and timely.

It is the responsibility of an accountant to prepare journal entries for the amount adjusted in the financial statements by debiting or crediting an account.

Refining the process of general ledger reconciliation

Effective management of the account reconciliation undertakings greatly escalates an executive’s ability to actively identify as well as resolve errors that may result in wrong statements or inaccurate financial records. For this, one needs to understand the common or recurring problems of account reconciliations and find solutions to improve its