Olsztyn, Poland

Finance, Banking and Insurance
(Economics)

Finanse, bankowość i ubezpieczenia

Master's
Table of contents

Finance, Banking and Insurance at UWM

Field of studies: Economics
Language: PolishStudies in Polish
Kind of studies: full-time studies, part-time studies
  • Description:

  • pl
University website: www.uwm.edu.pl/en/

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.
Insurance
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Insurance
Life insurance became popular only when insurance companies stopped emphasizing it as a good investment and sold it instead as a symbolic commitment by fathers to the future well-being of their families.
James Surowiecki in:The New Yorker, Volume 82, Issues 12-19, F-R Publishing Corporation, 2006, p. 28.
Banking
But please do not think that I am not fond of banks,
Because I think they deserve our appreciation and thanks.
Ogden Nash. ‘Bankers are Just Like Everybody Else, Except Richer’, The Face is Familiar (1954).
Finance
The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.
William J. Bernstein The Four Pillars of Investing (2002), Introduction, p. ix.

Contact:

ul. Michała Oczapowskiego 2
10-719 Olsztyn
tel: +48 89 523 49 13
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