Friday, August 29, 2008

Careers in Corporate Finance

Corporate finance is an area of finance dealing with the financial decisions corporations make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize corporate value while reducing the firm's financial risks. Although it is in principle different from managerial finance which studies the financial decisions of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms.
A career in corporate finance means you would work for a company to help it find money to run the business, grow the business, make acquistions, plan for it's financial future and manage any cash on hand. You might work for a large multinational company or a smaller player with high growth prospects. Responsibility can come fast and your problem-solving skills will get put to work quickly in corporate finance.

The job of the financial officer is to create value for a company. For example, the finance group at American Electric Power of Columbus, Ohio has four main areas of concentration: liquidity, flexibility, compliance with laws and regulatory support. The goals of the objective are met through four main activities carried out by AEP's Finance Department: 1) designing, implementing and monitoring financial policies, 2) planning and executing the financing program, 3) managing cash resources, and 4) interfacing with the financial community and investors.
Jobs in corporate finance are also relatively stable while performance in these jobs count. But it's not like your job is going to depend on whether you're selling enough this week or getting good deals finished this quarter. Rather the key to performing well in corporate finance is to work with a long view of what going to make your company successful. Many would argue that corporate finance jobs are the most desirable in the entire field of finance.

Some of the benefits of working in corporate finance are:
You generally work in teams which help you work with people
It's alot of fun to tackle business problems that really matter
You'll have many opportunities to travel and meet people and
The pay in corporate finance is generally quite good.

Friday, August 22, 2008

PEMCO Coverages

Bodily Injury Liability – The policy pays when you or a family member are legally liable for causing bodily injury to another person. It also pays court defense costs.

Property Damage Liability – The policy pays when you or a family member are legally liable for causing damage to someone else's property. It also pays court defense costs.

Underinsured Motorists – Bodily Injury – The policy pays for injuries you or a family member receive from an uninsured or underinsured motorist (coverage cannot be higher than Bodily Injury Liability).

Underinsured Motorists – Property Damage – The policy pays for damage to your property from an uninsured or underinsured motorist (coverage cannot be higher than Property Damage Liability).

Personal Injury Protection (PIP) – The policy pays medical expenses, income loss, and benefits for extra expenses for you, members of your household, and guests in your car in case of accidental injury or death. You must have Liability coverage to purchase PIP.

Collision – The policy pays for damage to your car from collision or upset regardless of fault, subject to your deductible.

Comprehensive – The policy pays for damage to your car other than collision or upset, subject to your deductible. This includes fire, theft, vandalism, and glass breakage.

Towing and Labor – The policy pays for towing and labor when your car will not operate under its own power. Labor is covered only at the site of breakdown.

Rental Reimbursement – The policy pays for rental reimbursement when your vehicle is being repaired due to an event covered by your policy. The standard limit pays a maximum of $450 per occurrence for rental reimbursement. Higher limits of coverage are available. Coverage is available only on vehicles with Collision, Comprehensive, or Underinsured Property Damage coverage.

Auto Accidental Death – The policy pays your spouse (if a member of the same household) or your estate the limit of coverage purchased if you are fatally injured in an automobile accident. Coverage is available for the named insured and spouse ages 21 through 64.

Auto Loan Endorsement – Coverage is available for vehicles purchased new since Jan. 1, 1988. This coverage protects you in case the unpaid balance of a loan exceeds the value of the vehicle at the time of loss. We will pay the difference if we decide not to repair or replace your vehicle. To purchase this coverage, you also must purchase Collision and Comprehensive coverage.

Thanks,

Courtesy: http://www.pemco.com/auto/coverages.asp

Tuesday, August 12, 2008

Chevy Cars

Chevrolet (also known as Chevy) is a brand of automobile, produced by General Motors (GM). It is the top selling GM marque and the best known brand of GM worldwide, with "Chevrolet" or "Chevy" being at times synonymous with GM.

Chevrolet offers over 20 vehicles and many different enhanced versions in its home market. The brand's vehicles range from subcompact cars to medium duty commercial trucks. Its number one sellers in the United States include the Silverado pickup, which is currently the 2nd best-selling vehicle in the United States behind the Ford F-Series and the Impala, which is the number one selling car with a domestic nameplate in the United States.

Current models in USA:

Cars Aveo Cobalt Malibu Impala Corvette Camaro
Trucks Colorado Silverado Avalanche Kodiak

SUVs HHR Equinox TrailBlazer Tahoe Suburban Traverse
Vans Uplander Express