Prashant Chalaune
BBA is a general course which develops the analytical skills of human beings. Technology develops data but analysis has to be done by human skills. Finance plays a major role in any business, we are to be taught the necessary skills in the financial sector of management.
Management is a broad field. At present situation in Nepal specialization is necessary each and every field of Management. That’s why one of the specialization course BBA Finance is developed. BBA Finance in Nepal generally covers the banking sector, insurance sector, capital market, derivatives market.
Nepal has a diversified financial sector undergoing rapid expansion, both in terms of strong growth of existing financial services firms and news entities the market. The sector comprises, non-banking, financial companies, co-operatives, pension funds, mutual funds, and other smaller financial entities.
Banks are one of the most important economic wings of a country. In this modern time, money and its necessity are very important. A developed financial system of the country ensures to attain development. A bank provides valuable services to a country. To attain development there should be a good developed financial system to support not only the economic but also the society. So, a bank plays a vital role in the socio-economic matters of the country. So in a developing country like Nepal, banking sector holds a major responsibility towards stabilizing the socio-economic condition of the country!!!
Nepal Derivative Exchange (NDEX) is a state of art online commodity and derivative exchange operating in Nepal. In the world of increasing volatility, NDEX is the best platform to manage risk across the major commodities from precious metals to base metals, from agro commodities to energies. It is one of the best and most diverse derivative exchanges encompassing the widest range of benchmarked product available. It brings buyers and sellers together on the electronic trading floor of NDEX. It provides you with the tools you need to meet your objectives and achieve financial goals.
The derivatives market is the financial market for derivatives is the financial instruments like futures contracts or options, which are derived from other forms of assets. In Nepal, the commodity market is introduced by commodities Exchange Nepal LTD(COMEN). COMEN have been providing trade services in agriculture goods.
So specialization is necessary for each and every sector of management. Specialization helps to develop the county.
Prashant Chalaune, BBA Finance – Sanker dev campus
