1. Brokerage business is mainly divided into four sections, namely, brokerage business, asset management business, research department and investment banking business. Among them, the brokerage business department with the highest income accounts for about 55%, followed by investment banking business, accounting for 29%, followed by asset management business and research department.
2. Trust is a way of financial management, a special property management system and legal behavior, and also a financial system. Trust, banking, insurance and securities together constitute a modern financial system.
3. Insurance is a financial arrangement to share accident losses economically, a contractual act in which one party agrees to compensate the other party for losses according to law, an integral part of the social and economic security system in society, and a basic method in risk management.
4. Publicly raise funds through the mass media, and the promoters collect public funds to set up investment funds to invest in securities. Under the strict supervision of the law, these funds have industry norms such as information disclosure, profit distribution and operation restrictions.
The concept of financial engineering
Financial engineering is an undergraduate major in Chinese universities. Financial engineering majors learn the basic knowledge of economics, finance, financial engineering and financial management, receive skills training in financial management, investment and financing, risk management, etc., and mainly use computers to establish mathematical models to solve financial-related problems.