Cracow, Poland

Finance, Banking, Insurance

Finanse, bankowość, ubezpieczenia

Bachelor's
Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: full-time studies
  • Description:

  • pl
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
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
I detest life-insurance agents: they always argue that I shall some day die, which is not so.
Stephen Leacock, Literary Lapses (1910), Insurance up to Date.
Finance
Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." [...] The public owners seem to have abdicated all claim to control over the paid superintendents of their property.
Benjamin Graham, World Commodities and World Currencies (1944)
Insurance
Many seniors understand that Social Security is social insurance as opposed to a program where we put money aside for our own retirement. But most elderly individuals think they're getting their money back. So it isn't selfishness as much as a misunderstanding.
Richard Lamm in:Psychology today, Bell & Howell Information and Learning, Sussex Publishers.

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