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Banking

Offshore banking – so much more than just asset protection

Some people need offshore financial services for the purposes of asset protection, but many people’s needs are far more basic than that. If you’ve taken a job overseas, you’re going to need access to the same financial services you did back home. So if you find yourself in this position, it’s time to think investigate offshore banking services.

Anyone who has ever tried to get things like a current account or loan from a local bank in the country they’ve moved to will tell you, it’s not easy. This is because of the obvious differences and barriers – language and legislation.

It’s much more straightforward to sort everything out before you go. An offshore bank can you provide with you personal offshore banking services that are truly global and you can use quickly and easily wherever you’re heading off to. There’s a wide choice of services on offer, so you won’t have to do much research to find the right product for you.

Perhaps the main benefit of this type of service, is being able to specify a specific currency. This means you can avoid converting your pay from one currency into UK sterling. If you take this option, you’ll in effect be paid in the currency of the country you are living in. This makes day to day life a lot easier. You’ll have no problems buying things locally in the shops or using ATMs.

The good news for those of you who are good at managing your money, is that you can choose from a variety of offshore savings accounts. It’s not just a practical offshore current account that’s on offer. If you’ve been lucky or shrewd enough to acquire property overseas, investigate offshore re-mortgage products if you’re looking to free up some of that equity you’ve built up to invest elsewhere. Offshore finance is far more than just asset protection.

The Article is written by www.scfgroup.com providing Offshore Banking and Offshore Company Services.Visit http://www.scfgroup.com for more information on www.scfgroup.com Products & Services

Finance

CFA: A much desired finance course for professionals

When it comes to courses in finance being offered in India, no other course invokes so much controversy as the CFA, or the Chartered Financial Analyst. The original CFA course is a program of study of the US and is recognized world over. The course is a self study graduation level program meant for the investment professionals. There has been an India based institute which claimed to provide this degree to the candidates but the same was not recognized or allowed by the US based institute. So much for controversy, let us now pay attention to what makes the CFA a preferred course by candidates seeking to do courses in Finance.

The CFA course is favored by the aspirants who want to make it big in the finance stream. This exam is recognized the world over for seeking employment in different countries. Therefore, most of the Indian candidates desirous of seeking the employment opportunities abroad might decide to take up this course. This is the primary motivation for the Indian students to take up high paid jobs with some good MNC investment bankers, PE firms and other similar avenues which are well paid. This gives the candidates a global advantage to compete with the best in the field at the world scale. Further, there is a lot of development of the practical skills and ethics.

The institutes which can provide this course in different countries, including India, are required to take approvals from the Board which administers its conduct all over the world. So, there are some institutes which offer the CFA India program to Indian investment professionals. They are required to clear the three levels of tests and also required to meet certain professional criteria for successful completion of this course and being awarded a charter. Considerable importance is laid on the ethical conduct and before declaring any person as passed in this CFA course a complete check on the ethical conduct of the person is done.

Earlier, the institutes provided this course in India but these were not allowed to conduct the exam for the same in India which saw very less number of candidates taking up this course from the actual US based body. So, while they studied in India, they had to go to out of India for giving the exams which was very inconvenient. The court ruling has now allowed this exam to be conducted in India which is likely to see the increase in the enrollment rate of the candidates.

The popularity of the course is in line with the demand of the finance professionals from a number of different multinational finance companies. Candidates completing this CFA course can either take up the jobs or they can also work as independent professionals providing help to the clients. They can be investment consultants or working with other company. They find coveted organizational places, in the middle or higher level managerial positions.

ISBF has been established to impart quality education with international recognition in the area of Economics, CFP, Management and CFA Education.

Visit us at: http://www.isbf.edu.in/ for more info on MBA Education, courses in Finance and CFP courses.