If you are looking for a finance tutor to help you learn content and further develop your skills, you'll be glad to know that 51Թ is ready and willing to help. Finance tutoring offers you the chance to work in a unique, one-on-one environment with an expert in the subject who can provide tips and special insights that can help in your understanding of the content. If you've been frustrated from your searches for a "finance tutor near me," perhaps it's time contact us for help. With 51Թ, you can give up those fruitless searches for "finance tutoring near me" and get down to the learning that you need. Read on to see some of the benefits that finance tutoring could provide.
What is Finance?
Finance as an area of study is concerned with money management and activities such as lending, borrowing, investing, saving, budgeting, and forecasting. Typically, finance is broken down into three primary areas, including personal, corporate, and public or government finance. A background in finance can lead to a variety of different career paths. Examples of activities related to finance include investing in the stock market or borrowing money in order to buy a house. Essentially, if it has to do with the flow of money, then there is likely to be some element of finance involved.
A typical course list for a degree in finance likely includes some of the following:
Typical Finance Degree Course List
- Business Finance/Corporate Finance
- Economics
- Financial Reporting
- Governmental Finance
- Individual Investment
- Bonds
- Business/Entrepreneurship
- Portfolio Management
- Statistics
- Monetary Institutions and Policy
- Econometrics
The beauty of working with a finance tutor is all of the detailed focus that you get when you are learning about the nuanced and varied topics that are included. You and your tutor can develop a rapport that allows them to gauge how well you are learning and make adjustments based on your personal learning style. They can find ways to help you engage with the content. For instance, if you are more of a visual learner. Your tutor can help you locate resources that play to your particular strengths. They can also help guide you to supplementary resources that can help strengthen your skills and expand your knowledge in between sessions.
Some of the topics that you and your finance tutor may cover could include:
Finance Topics (non-comprehensive)
- Time Value of Money
- Cost of Capital
- Financial Statements
- Risk and Rates of Return
- Interest Rates and Spreads
- Cash Flow
- Dividends
- Yield
- Stock Valuation
- Taxes
- Capital Investment
- International Corporate Finance
- Net Present Value
- Capital Market History
- Capital Structure and Leverage
- Bond Valuation
Another great thing about working with a qualified tutor is the chance to work at your own pace. Finance tutoring gives you the chance to dive deep into the content with someone who is an expert on the subject. You and your tutor can linger on subjects that are more problematic to you, allowing you to more fully comprehend them before moving on. For instance, if you wanted to spend more time covering international corporate finance, your finance tutor can spend more time explaining the topic in terms that you understand. They can find real-world examples and give you a more thorough breakdown than many classroom environments can provide. With qualified finance tutors, you are no longer tied to the pace of a classroom. Learning can occur at the speed that you need it.
Finance and Testing
A finance tutor can help you prepare for the many standardized and credentialing exams you're likely to take as you become an expert in your field. It's important before high-stakes tests to review the content, and your tutor can take you through an exhaustive assessment process to make certain that you have the material down on the day of the exam.
Another important way your personal finance instructor can help you is to prepare you to take the test. This is different than studying the questions that will be asked; it's more like studying the test itself. Standardized exams, including those that grant credentials in the field, each come with a set of standards unique to the specific tests. This can include the test structure, the way questions are worded, the number and format of questions, the time limits for each section, the number of breaks given during the exam, and much more.
If you have any testing anxiety, all of this can seem overwhelming. However, it can help to prepare for the test by learning all of these attributes until you feel confident that you're not headed into an unknown situation when you enter the testing center. You should be quite familiar with what to expect by then.
If you have problems understanding, for example, how to deal with questions if you don't know the answer, your tutor can help. First, they can teach you strategies on how to narrow down the answer choices, if it's a multiple-choice question. Usually, out of four answers, you'll definitely be able to exclude two, and any confusion may come from the fact that the final two seem very similar, or at least equally correct. This is where you can learn to look at the way questions are worded and parse out what the test creators are looking for. There are usually certain word cues that can help you pick out which of the two answers is going to be right for the purposes of the exam, even if in reality both might be considered correct.
Some of the standardized exams a finance student or professional may take include:
- AP Macro- and Microeconomics – AP classes allow high school students to study subjects at a college level and potentially earn credits for introductory college classes, saving time and money. Finance students can begin with the basics of economics. The subjects assessed on these exams include basic economic principles, the financial sector, supply and demand, and more.
- CFA (Chartered Financial Analyst) Exam – Certification exam offered internationally by the CFA Institute to investment and financial professionals. Subjects tested include ethical and professional standards, economics, financial reporting and analysis, equity investments, and more.
- FRM (Financial Risk Manager) – Offered by the Global Association of Risk Professionals, this certification is for finance professionals who want to work on a global scale. Topics evaluated include foundations in risk management, valuation and risk models, credit risk measurement and management, and more.
Finance Careers
Careers in finance have the potential to be quite lucrative. However, the competition for such jobs can be quite fierce. If you are looking to increase your skills so that you can stand out in a crowded job market, there's a good chance that you've already begun to search for "finance tutors near me." By working with a finance tutor, you can sharpen those skills and potentially gain the confidence that you need to enter the job market with your head held high.
Careers in finance could include jobs such as:
Careers in Finance
- Financial Analyst
- Financial Planner
- Investor Relations
- Budget Analyst
- Accountant
- Credit Analyst
- Corporate Finance Consultant
- Investment Advisor
- Loan Officer
The Growing Importance of Finance
For a variety of reasons, finance continues to grow in its importance. There are many real-world applications of finance. Everything from balancing a checkbook to the borrowing habits of a third-world country can be included under the umbrella of finance. As such, knowing more about the nuances of finance can have tremendous benefits, whether it be someone hoping to buy a house or a government hoping to decrease interest rates on development loans. Finance tutors can help you differentiate the many sub-topics of finance and help you determine which area to focus on. With finance tutoring, you can become better acquainted with the various schools of financial thought and the practical applications that financial knowledge has.
Why Consider Finance Tutoring?
Without question, getting to tap into the knowledge of an expert in the subject is one of the top reasons for working with a finance tutor. Tutors are happy to share their specialized knowledge. What's also great about tutoring is that tutors can create an environment which is open to taking chances and asking questions. You can ask questions directly to your tutor, getting a detailed response in real time. Finance tutors can get to know your personal learning style, allowing them to customize lessons so that they provide you with the optimal benefit. You can have complex concepts explained thoroughly and in ways that you understand. You don't have to worry if your questions are too basic or too complex. With the distraction-free environment that finance tutors can provide, you can worry more about learning the content and building confidence in your abilities.
One of the reasons that you might have been searching for "finance tutoring near me" could be that you are looking for a tutor who can be flexible. Your schedule is likely very busy, meaning that packing studying into an already busy schedule can be quite a challenge. What's great about working with a finance tutor is that you can work together to find a time that works for both of you. For instance, if you work better in the mornings, it's possible that your tutor could adjust your meeting schedule to accommodate your needs. This sort of flexibility can be a powerful addition to your study plan.
Tying it All Together
If you've been searching for "finance tutors near me," then you likely understand the value that working with a skilled tutor can have. The world of finance, while lucrative for some, can be challenging to understand. There are always new laws coming into effect that can have huge consequences on financial institutions. You can use your finance tutoring sessions to develop a deeper understanding of this fascinating and ever-changing subject.
Whether your aim is to make a splash on Wall Street or to shape public policy around lending laws, having a strong background in finance can be of great benefit. Contact us at 51Թ to speak with an academic advisor who can answer all of your questions and help you determine if tutoring is the right solution for you. Stop spending all of your time searching for a "finance tutor near me." Let us connect you to a qualified tutor who is eager to get you on the path to pursuing your academic and career goals.