Olsztyn, Poland

Finance, banking and insurance

Finanse, bankowość i ubezpieczenia

Master's
Field of studies: Economics
Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: full-time studies, part-time studies
University website: www.uwm.edu.pl/en/
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.
Banking
Bankers have no right to establish a customary law among themselves, at the expence of other men.
Foster, J., Hankey v. Trotman (1746), 1 Black. Rep. 2; reported in James William Norton-Kyshe, The Dictionary of Legal Quotations (1904), p. 17.
Banking
The modern banking system manufactures “money” out of nothing; and the process is, perhaps, the most, astounding piece of “sleight of hand” that was ever invented. In fact, it was not invented. It merely “grew”. … Banks in fact are able to create (and cancel) modern “deposit money”, just as much as they were originally able to create, or call in, their own original forms of private notes. They can, in fact, inflate and deflate, i.e., mint, and un-mint the modern “ledger-entry” currency.
Angas, Major L. L. B. (Lawrence Lee Bazley) (1937). Slump ahead in bonds. Somerset Pub. Co.. pp. 20-21. OCLC 3506072. 
Insurance
In banking or insurance trust is the only thing you have to sell.
Patrick Dixon, Futurewise (1998).

Contact:

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