Bachelor's degree

country
city
subject area 
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qualification - Austria
university type - Austria  
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Graz, Austria

Banking and Insurance Industry

Bank- und Versicherungswirtschaft

Bachelor's
Language: GermanStudies in German
Subject area: economy and administration
Qualification: BA
University website: www.fh-joanneum.at
Bachelor of Arts in Business, BA
6 Semester
180 ECTS
Industry
Industry is the production of goods or related services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry. When a large group has multiple sources of revenue generation, it is considered to be working in different industries. Manufacturing industry became a key sector of production and labour in European and North American countries during the Industrial Revolution, upsetting previous mercantile and feudal economies. This came through many successive rapid advances in technology, such as the production of steel and coal.
Insurance
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Insurance
Unemployment insurance is a pre-paid vacation for freeloaders.
Ronald Reagan in: Mark Baddeley A Qualitative Study of Coping with Unemployment, ProQuest, 2009, p. 26.
Industry
Decidedly the best application of art to industry is when a great many copies are made from an exceedingly good pattern.
William Burges Art applied to industry: a series of lectures, 1865. p. 1.
Industry
The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth production mercantile wealth was visibly transformed into capital, as it acquired the dual function of purchasing machines and raw materials, on the one hand, and buying human energy to power their operation on the other.
Eric Wolf Europe and the People Without History (1982) Chapter 9, Industrial Revolution, p. 267.

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