Writing a quality finance assignment is a tricky affair. You need to have a thorough insight into the subject matter and also possess good researching skills. Apparently, 27 states in the USA scored a C, D or F for high school financial literacy. This goes on to show that students do not have a good grasp of the topics. This is the reason why many of them earn poor grades or struggle to write the assignments.
If you are currently writing a finance assignment, you have come to the right place.
First, you need to understand the different finance branches before you proceed to topic selection and writing.
- Corporate Finance
This type of finance mainly handles an organization’s money-related procedures for the short term or the long term. This involves capital structure, subsidization, money-related properties, and so on, are part of the corporate fund.
- Personal fund
Any single monetary decision taken at the individual level is included in this type of finance. That’s why it is known as the Fund. Exercises such as home loans, advances, reserve funds, tax assessment, and defense are a part of it.
- International Finance
This means understanding the budgetary trends and exercises in this class that affect universal trade. Additionally, outside speculation and exchange rates are part of this finance.
- Public finance
Income created by the legislature and money-related expenses or activities performed by the administration is handled by public finance.
- Behavioral Finance
This is another economic area that involves learning brain science-based theories to explain the trading of shares and its possible contradictions. In addition, it also manages to grasp the actions of consumers, sellers, and financial specialists.
Now that you know the various branches of finance, you will find it easier to write the assignments. So, let us delve right into it.
Table of Contents
1. Read a Lot of Books
If you wish to select good topics, you need to go through a lot of books. In addition to this, reading a variety of books will help you gain a detailed insight into financial management, mergers and acquisitions, capital management, etc. For instance, you can read Security Analysis by David Dodd and Benjamin Graham. You will learn about value investing and stock picking. It will also give you an insight into the value investing approach taken by Warren Buffet during his heydays.
Similarly, you can read Common Sense on Mutual Funds by John Bogle (founder of Vanguard Group). Here, you will get to know about index-based investing and a lot about various financial aspects. You can also try Freakanomics, A Random Walk Down Wall Street. These books will help you out a lot in understanding practical application of various steps and financial concepts.
If you get hold of finance books in 2020, you will learn important figures. For example, did you know that around 55% of adults are financially literate? However, if you have an urgent assignment submission to make, you should seek finance assignment help from the professional experts.
2. Have a Clear Concept
Before you start working on your assignment, you should have a clear insight into the subject matter. Most importantly, you need to have a sound fundamental concept if you wish to solve numerical accurately. You need to know about:
- Bond valuation
It refers to the liabilities that involve the debt made by the companies via third party investors. You also have to consider the time period within which the debt has to be paid and the interest.
- Capital Budgeting
It is the process that the organizations use to determine the proposed fixed asset purchases to be accepted and declined. The companies have to select profitable projects, forecast capital expenditure requirements, and review the performance and a lot more.
In layman terms, derivatives are contracts between various parties, where the available assets decide the price. Moreover, properties like stocks, currencies, bonds etc. help in determining the total worth of the derivatives.
- Behavioral Finance
Behavioral finance is concerned with the study of the stock market. You need to keep an eye out for the success of stock markets and analyze the investors and financial analysts’ psychology.
- Government Grants
You have to know the various policies, rules and regulations set by governments around the world. Apart from legal aspects, you have to be familiar with calculation aspects.
Studying these topics will help you understand complex chapters like CAMELS analysis, balance sheet, forward rates, EVE analysis, etc.
3. Choose Intriguing Topics
It is imperative that you select interesting topics, one which is trending and has a broad scope of discussion. Furthermore, you should be enthusiastic about the topic, and it should be important for your career.
- Coronavirus (COVID-19)
COVID-19 has claimed 1,818,327 lives, and has also worsened the economic conditions in the past seven months or so. You can talk about the policies, various rules and modules that the firms are adopting. Moreover, you should delve into the financial aspects of the companies.
Brexit involves the withdrawal of the UK from the European Union. This signifies that all UK-based companies will be exempted from the facilities and taxes. This also involves customization of banking and finance norms, setting new rules and regulations and defining globalization policies.
- Loan Transfer and Secondary Trading
Usually, it involves the transfer of single loans or small segment of loans. As you can imagine, there are plenty of banking and finance laws involved here. So, do your research and furnish the paper with updated information, laws and policies.
- Blockchain Technology
With the advent of cloud computing, blockchain technology, transactions have never been swifter before. Moreover, the system is reliable as all the personal data, and the transaction amounts are encrypted.
If you explore Google Scholar, university libraries, you will get to know about more topics.
4. Acquire Resources
If you are writing a thesis, dissertation or research paper, you have to provide validation for your arguments. And if you are wondering where you can find information, you can look at the following places:
- Sample Sections of Educational Solution Providers
You can go through the repositories of the educational service provider. You will get to see an ample number of essays and other academic papers crafted by the PhD experts.
- Online University Libraries
University libraries might offer an insight into the current area of focus of students worldwide. You will get topics related to the ratio analysis, cash conversion cycle, working capital management, etc. You should pore through the library of MIT, Stanford University, etc.
- Google Scholar, and YouTube videos
Google Scholar is the place where you can go through millions of published materials, like journals, dissertations and e-books. You will also get the most updated information from the YouTube channels on topics such as mortgages, banking, home equity, business plan, etc.
- Blog Posts and Websites
If you wish to know about the current topics, you must go through the different blog posts and websites. For example, if you want to write a paper on accounting, you can go through sites like the Accounting Coach, The Economist, Sleeter, etc.
If you can still gather resources for your finance or accounting tasks, seek accounting assignment help. The experts can help out by providing updated information or even interesting facts. For instance, did you know that 18% of workers earning more than $100000 live paycheck to paycheck?
5. Be Part of a Peer Group
You are bound to stumble upon intricate questions now and then. And you cannot expect the teachers to answer each of your questions when you struggle. In such cases, you can take the help of your peers. In this regard, all you have to do is join a group. Since, we are having to deal with Covid-19 and observing social distancing; you can opt for any online group.
Interestingly, an academic group need not be the one with your classmates only. You can also be part of any online discussion group, forum or Facebook education group. Whenever you stumble upon an intricate question, you can share the question in the group. And someone will reply. They will either tell you the answer, or if they can’t (which is rare), they will either mention the steps or advise you to consult a particular textbook.
As you can see, joining a peer group is extremely beneficial. You put forward your question at any time of the day. And the best part is you will get an instant response from the group, as each group consists of thousands to millions of members. Since, there are International members as well, you get to know about trending topics, financial concepts, etc.
6. Start Early with Your Paper
If you are writing an essay, thesis or research paper, you need to start early. If you procrastinate, there is a high chance that you will make mistakes in the 11th hour when you rush. So, when the university assigns you with the task, you should start immediately. At least choose the topic and get started with your research work.
In addition to this, you must also go through your class notes to sort out the points you want to include in your paper. After all, the teachers would check your paper and include their points, you likely to secure exemplary grades.
In order to avoid procrastination, you should minimize distractions. You should stay away from social media sites, YouTube, etc. Turn off the notifications, so that you can stay focused on your work. And if you feel bored, you can put on some light music. Choose a study place conducive to writing and studying and where external noises will not torment you.
7. Focus on the Writing
Next, you need to focus on the writing style. You need to remember that you are not writing a literature assignment, so you have to present technical writing. Your content should be factual, and you must incorporate figures and graphs. Most importantly, you need to back up your statements with valid statements.
Typically, you must begin with a good hook, following which you write a debatable thesis statement. Next, you provide a brief overview of the subject and mention the existing studies. In the body of the paper, you try to cover various angles under different subheadings. In order to improve the visibility of the paper, you include bullet points.
Finally, you round off the paper with a concise conclusion. You must restate the thesis statement and highlight the important points of the topic. Last but not least, you should not exceed the word count of the paper, and if there is any jargon, explain it. And if you feel that the task is daunting for you, seek finance assignment help from the experts.
Once you are done writing the paper or solving the numerical assignment, you have to proofread it. This is to make sure that your justification and the numerical solutions are correct. You have to ensure that you have answered questions on the cost of capital, cash conversion cycle, corporate action, capital budgeting, etc. accurately.
When you revise your answers or your thesis papers, verify the facts and figures you have stated in the paper with legitimate sources. Moreover, try to provide the latest figures. For instance, when you talk about the rise in household debt, it should be $14.3 trillion.
In addition to this, make sure that all the numerical are accurate. For instance, you should go through each step while revising balance sheet calculations. Similarly, you have to be extra careful when you scrutinize the time value of money, price of bonds, income sheet, etc.
As you can see, the steps mentioned here are valid. Furthermore, it has been tested many a time and has helped students secure exemplary grades. Hopefully, you will face no issues while writing finance assignments.
Mary Jack is a finance expert, and she has been associated with many reputed firms over the years. She is also a blogger, and she shares tips related to accounting, personal finance, etc. At present, she is associated with MyAssignmenthelp.com, where she supervises finance assignment help provided by the experts.