Friday 29 August 2014

Top films about Finance

Mượn chủ đề tài chính để nói về đạo đức kinh doanh, về tình yêu, phẩm chất hay những quy luật và triết lý của cuộc sống, những bộ phim dưới đây không chỉ có giá trị giải trí mà còn có tính giáo dục cao.

1. It's a Wonderful Life (1946)
IMDB: 8.7/10
Watch Trailer

It's a Wonderful Life is the story of downcast bank manager George Bailey, played memorably by the late, great James Stewart, who sets out to kill himself on Christmas Eve but changes his mind when a guardian angel helps him realise he has made a difference in the world.

"To my big brother, George - The richest man in town."

Được chuyển thể từ truyện ngắn nổi tiếng The Greatest Gift của nhà văn Philip Van Doren Stern, It's a

Thursday 21 August 2014

Topic 8: Exchange rates


References 
EPS - Foreign Trade University




A. TERMS, THEORIES AND DEFINITIONS                             
In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between twocurrencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency.  For example,

Saturday 16 August 2014

Topic 7: Central Banking















A. TERMS, THEORIES AND DEFINITIONS                             
Theories:
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in the country. Central banks often also oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on printing, the national currency, which usually serves as the nation’s legal tender. Examples include

Wednesday 13 August 2014

Topic 6: Mergers and Acquisitions

References: ESP – International Banking and Finance, FTU investopedia.com wikipedia.org
A. TERMS, THEORIES AND DEFINITIONS                             

Mergers and acquisitions (abbreviated M&A) are both aspects of strategic management, corporate finance andmanagement dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or new location, without creating a subsidiary, other child entity or using a joint venture. 

Distinction between Mergers and Acquisitions 
Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things. 

Saturday 2 August 2014

Topic 5: Futures and Derivatives


A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'

www.brainyquote.com



A. TERMS, THEORIES AND DEFINITIONS                            
Derivatives (phái sinh) are financial contracts whose value derives from the value of underlying security or asset. Futures contracts, forward contracts, options and swaps are the most common types of derivatives.
A forward contract (hợp đồng kỳ hạn) is an agreement between two parties to buy or to sell an asset at a predetermined future point of time at a predefined price. The essence of the contract is that the trade date and delivery date are distinctly different and the delivery date is a future date.
A futures contract (hợp đồng tương lai) is a standardized contract between two parties to buy or sell a

Tuesday 29 July 2014

Topic 4: Stock and Bond



"Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down."
                          - Warren Buffett -


Refference: EPS - IB&F, FTU
businessinsider.com



A. TERMS, THEORIES AND DEFINITIONS                             

1. What are stocks?

Sunday 27 July 2014

Topic 3: Accounting and Financial Statements

                       
A. TERMS, THEORIES AND DEFINITIONS                             
Prepareation of the accounts
The accounting process starts with inputs, and these are things such as sales documents (e.g. invoices), purchasing documents (e.g. receipts), payroll records, bank records, travel and entertainment records. The data in these inputs is then processed by a specialized software:
1. Entries are recorded chronologically into “journals”.
2. Information from the journals is posted/transferred into “ledger”, where it accumulates in specific categories (e.g. cash account, sales account, or account for one particular customer).
3. A “trial balance” is prepared at the end of each accounting period: this is a summary of the ledger information to check whether the figures are accurate. It is used directly to prepare the main financial statements (income statement, balance sheet and cash flow statement).
The financial statements of large companies have to be checked by a external firm of auditors, who “sign off

Thursday 24 July 2014

Topic 2: Financing Foreign Trade

Reference: EPS - International Banking and Finance, FTU
A. TERMS, THEORIES AND DEFINITIONS                             
1. Payment Terms in Foreign Trade
            a) Four Principal Means:
                        1.         Cash in advance
                        2.         Letter of Credit
                        3.         Drafts
                        4.         Open Account
            b) Cash in Advance
                        1.         Minimal risk to exporter
                        2.         Used where there is
                                    a.         Political unrest
                                    b.         Goods made to order
                                    c.         New unfamiliar customer
           

Topic 1: Banking


References: ESP – International Banking and Finance,
Foreign Trade University
investopedia.com



A. TERMS, THEORIES AND DEFINITIONS                             

1. Bank (ngân hàng): An organization, ussually a corporation, chartered by a state or fereral government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays interest on them; discount notes, makes loans, and invests in securities; collecting checks, drafts, and notes; certifies depositor’s checks; and issues drafts and cashier’s checks.
2. Banking (hoạt động ngân hàng): The business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.