Zürich, Switzerland

Banking and Finance ()

Table of contents

Banking and Finance () at UZH

Language: English Studies in English
University website: www.uzh.ch
Type: PhD/Doctoral programme
Academic degree: Doctor of Philosophy, PhD
Credits: 93 ECTS
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Definitions and quotes

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.
Banking
Banks do not have an obligation to promote the public good.
Alexander Dielius, CEO, Goldman Sachs, Germany, Austria, Eastern Europe, January 2010 statement, as quoted in Wall Street Journal, May 2010.
Banking
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.
John Kenneth Galbraith, Money: Whence it came, where it went (1975), p. 15.
Banking
The process by which banks create money is so simple that the mind is repelled.
John Kenneth Galbraith, Money: Whence it came, Where it Went p. 29.
The Mediterranean supports a rich diversity of marine life, which is the focus of conservation efforts. An EU-funded initiative is investigating how best to designate and manage these sites for marine conservation.
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