There is a potential source of confusion regarding what we refer to with the term Finance Domain. On the one hand, there is a function called finance that is common to all business enterprises, in every industry and on the other hand we have financial institutions. An attempt to bring clarity to the usage of the term.
There is a potential source of confusion regarding what we refer to with the term Finance Domain. On the one hand, there is a function called finance that is common to all business enterprises, in every industry and we have covered these finance processes under Functional Skills. On the other hand, there is a financial services industry. Then we have a term that refers to all financial institutions like Banking, Brokerage Houses, and Insurance etc. The knowledge of finance domain enables possible career paths within the financial services industry or with financial institutions
.