Economics and finance as a career for science and tech students

The post-2008 crash business world has taken a quantitative turn, focused on data driven and analytics led search for uncovering complex feedbacks that operate in the highly networked economy. The modern economy is a network of multiple markets that connects individuals, small businesses, banks, corporations and governments. Understanding the architecture of the network and how feedbacks operate between these entities has become imperative for businesses. Since consumer choice is both informed and shaped by peer networks, understanding how feedbacks operate in this network of opinions and a perception has become…

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Private equity’s dirty finance secret

Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here. https://www.ft.com/content/48d107b2-5fed-11e7-91a7-502f7ee26895 Tighter rules are required to stop private equity managers from artificially inflating claims about their performance, according to the largest association representing investors in buyout funds. The Washington-based Institutional Limited Partners…

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5 Prominent Features of an SIP Mutual Fund

SIP (Systematic Investment Plan) is one of the most considered tools by mutual fund companies to receive the investments and pay out the dividends. Be it senior citizens or youngsters; this investment plan provides benefits to all age groups. So, here are some of the features of SIP Mutual Fund. Remember your childhood days when you used to save small amounts of money just to purchase your favourite toy? Not to forget, probably this is the way how your parent’s integrated saving habits in you. Today, when you are earning…

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Top 5 Mistakes to Avoid when Taking Loan for Buying Commercial Property

Loans for Commercial Properties are large transactions that one needs to be vigilant about. They involve large sums of money and hidden terms and conditions that make it very easy for you to overlook them. Here are top 5 mistakes that you should avoid when taking a loan for the commercial property. Investing in commercial properties is usually a wise decision on your part. There could be many reasons for the purchase of the new property like a tax efficient pension plan or expansion of your business etc. A mistake…

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Everything You Wanted to Know About Goods and Service Tax

India’s economy is largely dependent on its earning population; a large percentage of the salaried people in India fall into the middle-class category. This section of the population is the one that is most affected whenever there is a change in the government policies. Right from the time when the GST was announced by the Central Government of India up until the time, it was implemented, and even after, the revolutionary financial reform bill has been discussed by everyone. There has been a lot of discussion on how the new…

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Snapdeal SVP Business Finance quits ahead of Flipkart deal

At a time when as the merger of e-commerce firm Snapdeal with rival Flipkart remains uncertain, another senior executive Vivek Patankar has quit the firm, according to people privy to the development. Patankar was the senior vice president, business finance at Snapdeal and had been with the company for the last over two years. He was brought in at a crucial time when the company’s then chief financial officer Akash Moondhra had left. Snapdeal is in talks with larger rival Flipkart for a stake sale. The company has been undergoing…

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Small Business Owners, Have You Created a Rainy Day Fund?

You’ve got your emergency fund set up — three to six months of living expenses set aside for unexpected events — and you’re finally feeling a sense of financial security. But what, exactly, constitutes a financial emergency? We asked financial advisor Laura Scharr-Bykowsky for tips on when to tap your emergency fund and other advice on saving up for a rainy day. When Should People Tap Their Emergency Funds? Emergency funds provide peace of mind when there’s an unusual or catastrophic event in your life. Loss of income due to unemployment or…

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Here’s What You’re Getting Wrong About Investing

Starting a business takes a lot of savvy. Many entrepreneurs border on genius when it comes to their particular niche, and that’s why people are willing to invest in, buy from, and do business with them. While a particular entrepreneur may thrive in her/his field, they may struggle in one common arena: Personal wealth management. Entrepreneurs spend so much time garnering investments that they often don’t take the time to make any of their own. If you’ve ever started something you probably know all too well how easy it is…

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Does It Make Sense for Investors to Pay Carried Interest?

For years, I have resisted paying carried interest to accelerators as a way to invest in start-up companies because I have thought about the decision incorrectly. Recently, a couple of smarter investors than me set me straight by getting me to focus on what really matters — the math. Over the years I have resisted paying carry for two reasons, neither of which is very good. First, I get a lot of utility out of investing in startups. I like working with and talking to founders. If I put money…

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12 Super Simple Money Management Tips for Your Personal Finances

The best financial advice tends to apply to pretty much everyone. You don’t need a spreadsheet of pros and cons and complex scenarios. What you need is a rule of thumb. There’s no shame in using one-size-fits-all advice. A study of West Point cadets, for example, found teaching rules of thumb was at least as effective as standard personal finance training in increasing students’ knowledge and confidence as well as their willingness to take financial risks. Researchers found money rules of thumb were more effective than teaching accounting principles to small business owners…

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