TEDA coin mine
Publish: 2021-03-28 20:49:06
1. The computing power of mining depends on what currency you dig and what card you use. These are all related to computing power. As long as there is no problem with your hardware configuration, Aiminer's mining computing power is higher than that of similar software, using all kinds of new kernels.
2. The platform is a very professional mining platform, and their reputation is very good, so they can rest assured. Are you satisfied with my answer? Please accept if you are satisfied
3. Sure. It's the same with computers. High temperature, motherboard is easy to burn out. When summer comes, we must dissipate heat. In particular, there are many machines. We need to use a blower to ventilate.
4. It's not blocked by wechat. It's a fake. I can't even mention it
5.
What do you think of Alibaba building a large public welfare open platform with a number of mainstream media? In fact, the public welfare open platform made by Alibaba and many mainstream media has multiple purposes, and their operation in this aspect also has many considerations. Now give you a specific analysis from several aspects, friends can do a reference
Third, through the public welfare platform, Alibaba hopes to get more publicity:
through the public welfare platform, Alibaba also hopes to make its company get a big publicity. Let the whole society once again realize the importance of Alibaba, and we recognize the brand of Alibaba, so this is also a purpose of Alibaba to establish a public welfare platform
6. The first chapter
1. Why is money the proct of the internal contradiction of commodity economy
1) the contradiction between private labor and social labor: the private nature of labor determines that the procts belong to private ownership, but the procts are not or mainly for the consumption of procers themselves, but for other members of society. Therefore, private procts must be included in the total social procts for distribution
2) the successful transformation of private labor into social labor can only be realized through commodity exchange
3) value can not express itself, only in the exchange of two kinds of commodities, it can be expressed through another kind of commodity. In this way, the value in commodity exchange must require the expression of value, and there must be the expression form of commodity value, which is called value form
3. What are the characteristics of the typical gold standard? What role did it play in the development of capitalism in history
1. It can melt freely and cast freely to keep stable circulation
2. Coins and bank notes can be exchanged with gold coins and circulated according to nominal value
3. Gold coins can be exported into the country freely
function: the gold standard is a relatively stable monetary system, which makes the domestic value of currency consistent with the international value. The foreign exchange market is relatively stable and will not cause currency devaluation, which has greatly promoted the development of capitalist economy and the expansion of international trade
4. The characteristics of the paper currency standard system:
1. The paper currency issued by the government or the central bank is the standard currency
2. It is compulsorily circulated by the national law and has unlimited legal compensation capacity
3. The relationship with gold graally weakened and finally cancelled
4. Money is injected into circulation through banks
5. Non cash circulation constitutes the main part of money circulation
5
firstly, commodities have the commonness of commodities, that is, they have two attributes of commodities value and use value
secondly, money is not an ordinary commodity, but a special commodity
finally, money reflects certain social relations of proction in the process of acting as a general equivalent
6. What are the functions of currency
(1) value scale 2) Circulation means 3) Storage means 4) Means of payment 5) World currency
7. What are the characteristics of the typical gold standard? What role did it play in the development of capitalism in history
1. It can melt freely and cast freely to keep stable circulation
2. Coins and bank notes can be exchanged with gold coins and circulated according to nominal value
3. Gold coins can be exported into the country freely
function: the gold standard is a relatively stable monetary system, which makes the domestic value of currency consistent with the international value. The foreign exchange market is relatively stable and will not cause currency devaluation, which has greatly promoted the development of capitalist economy and the expansion of international trade
8. What is the paper currency standard system? What are the characteristics? How to understand the current "one country, four currencies" system in China
paper currency standard system: definition: paper currency is a currency symbol that is issued and circulated by the state and cannot be exchanged for gold and silver. Paper money is valuable because of its circulation. It can not be withdrawn from circulation, cashed, or circulated beyond national boundaries. The paper currency standard system is a monetary system with paper currency as the standard currency
features: 1) the paper currency issued by the government or the central bank is the base currency
2) it is compulsorily circulated by the national law and has unlimited legal compensation capacity
3) the relationship with gold graally weakened and finally cancelled
4) money is injected into circulation through banks
5) non cash circulation constitutes the main part of money circulation< In 1997 and 1999, after the return of Hong Kong and Macao to the people's Republic of China, they continued to maintain the original monetary and financial system, while Taiwan used Taiwan dollars, resulting in the unique historical phenomenon of "one country, four currencies" of RMB, Hong Kong dollars, Australian dollars and Taiwan dollars
2) RMB was issued by the people's Bank of China on December 1, 1948, marking the beginning of the monetary system of the people's Republic of China. RMB is in the form of cash and deposit currency. It has never specified the amount of gold. It is not formally linked with any foreign currency and does not comply with any foreign currency system. Except RMB, all foreign currencies, gold and silver are prohibited to circulate in the mainland of China. The main currency of RMB is yuan, "Yuan" is the legal unit of valuation and settlement in China's economic life, which has unlimited legal compensation ability. There are two kinds of monetary units of RMB subsidiary currency, namely "Jiao" and "Fen". The Fen Jiao yuan is in the decimal system and is under the unified management of the people's Bank of China authorized by the state<
Chapter 2
1. What is credit? What stages has the development of credit gone through
credit is the proct of the development of commodity monetary economy to a certain stage< The characteristics of loan capital are as follows: firstly, loan capital is the capital as a commodity< Second, loan capital is ownership capital< Thirdly, loan capital has a special form of movement
fourthly, loan capital is the most fetishistic
3. The difference between commercial promissory note and commercial bill
V bill is an order for payment, while promissory note is a promise for payment
V bill involves three parties, namely, the drawer, the payee and the payer. The drawer is not responsible for payment, while the promissory note has only two parties, namely, the drawer and the payee, The main person in charge is the drawer who bears the payment responsibility
V there is an acceptance system for bills of exchange, and the holder should accept the bill to the drawee according to the acceptance period of the bill. This bill has an acceptance system
4. What is a credit tool? What are the characteristics of credit instruments?
credit instruments, also known as financial instruments, are issued and circulated in written form to guarantee the rights of creditors or investors. It is the carrier of funds or capital, with which funds or capital can be transferred from suppliers to demanders. Credit instrument is an important financial asset and an important trading partner in the financial market
credit instruments have the following common characteristics:
first, return. That is to say, the creditor or investor can recover the amount of the creditor's right according to the time recorded in the credit certificate
Second, liquidity. Liquidity refers to the ability of credit instruments to become money quickly without loss
thirdly, profitability. That is to say, credit instruments can bring benefits to holders regularly or irregularly
Fourth, risk. Risk refers to the possibility of the loss of the value of financial assets caused by some uncertain factors
5. The meaning and characteristics of preferred stock and common stock
preferred stock is a kind of stock in which shareholders have the right to dividend and claim assets prior to common stock. The dividend yield of such shares is generally determined in advance. But in general, preferred shareholders can not participate in the company's operation and management, nor do they have stock options like common shareholders, especially can't share the high profits of the company. At the same time, e to the fixed dividend, it is very disadvantageous to the preferred stock holders under the condition of inflation
common stock is the most common and main form of stock. Common shareholders, whose dividends vary with the company's profits
6. Why is the interest rate of usury credit particularly high< There are two reasons for the high interest rate of usury: first, most of the borrowers' loans are not used for additional capital and profit, but for general and necessary means of purchase and payment. If it is used for additional capital, the borrower is not willing to borrow, considering that the high interest will make him unprofitable. Second, in the case of the dominant natural economy and the underdeveloped commodity currency economy, it is not easy for people to obtain money, and people have a great demand for money, which creates conditions for the formation of usury< Why does bank credit replace commercial credit and become the main form of modern credit< The subject of bank credit is different from commercial credit. The debtors of bank credit are manufacturers, governments, families and other institutions, while the creditors are banks and various financial institutions. This overcomes the limitation of commercial credit
2. The object of bank credit is a single form of monetary capital. This feature enables bank credit to overcome the limitations of commercial credit. On the one hand, bank credit can effectively gather all kinds of hot money in the society, which can gather temporarily idle monetary capital free from the process of enterprise reproction. On the other hand, bank credit is provided in a single form of monetary capital, which can provide bank credit to any enterprise, any institution or indivial without the restriction of commodity circulation direction, So as to overcome the limitations of commercial credit in the direction of providing
3. The dynamics of bank credit and instrial capital are not completely consistent. Bank credit is an independent movement of loan capital, which may be inconsistent with the dynamics of instrial capital< 1) credit and proction; 1) credit promotes the average of profits; 2) the existence of credit can save circulation costs; 3) credit promotes the rapid development of the joint-stock system and expands the scale of proction; 2) credit and consumption; 1) regulating consumption; 2) postponing consumption; 3) credit and economic regulation, Due to the development of credit, there are many kinds of banks and credit institutions. On the other hand, e to the development of credit, there are a variety of credit tools
to use credit to regulate economy, all countries focus on aggregate supply and demand. It is mainly to control the scale of proction and the total amount and structure of procts by tightening credit or loosening monetary policy, so as to regulate the supply of goods and services in the market< 4) credit and crisis
Chapter 3
1; According to the theory of loanable funds interest rate, the interest rate is not simply determined by investment and savings or money supply and money demand, but by the supply and demand of loanable funds. The supply of loanable funds comes not only from the central bank, but also from people's savings and money hoard, as well as the credit creation of commercial banks. The demand for loanable funds comes from investment and people's money hoard. If we consider that investment and hoard are decreasing functions of interest rate, credit creation of savings and commercial banks and people's anti hoard are increasing functions of interest rate< 2. The moderating effect of interest rate on economic activities 1 The impact of interest rate changes on capital supply and demand
& 2 The impact of interest rate changes on the scale and structure of credit
& nbsp 3 How to understand the current interest rate marketization reform in China; A country's interest rate system is the sum of a country's interest rate management system, including the interest rate policy, the interest rate determination mechanism and the relevant provisions on the range of interest rate changes
the process of interest rate marketization can be divided into three stages: the first stage aims to raise the interest rate to a level close to the equilibrium state of the market and maintain the economic and financial stability
1. Why is money the proct of the internal contradiction of commodity economy
1) the contradiction between private labor and social labor: the private nature of labor determines that the procts belong to private ownership, but the procts are not or mainly for the consumption of procers themselves, but for other members of society. Therefore, private procts must be included in the total social procts for distribution
2) the successful transformation of private labor into social labor can only be realized through commodity exchange
3) value can not express itself, only in the exchange of two kinds of commodities, it can be expressed through another kind of commodity. In this way, the value in commodity exchange must require the expression of value, and there must be the expression form of commodity value, which is called value form
3. What are the characteristics of the typical gold standard? What role did it play in the development of capitalism in history
1. It can melt freely and cast freely to keep stable circulation
2. Coins and bank notes can be exchanged with gold coins and circulated according to nominal value
3. Gold coins can be exported into the country freely
function: the gold standard is a relatively stable monetary system, which makes the domestic value of currency consistent with the international value. The foreign exchange market is relatively stable and will not cause currency devaluation, which has greatly promoted the development of capitalist economy and the expansion of international trade
4. The characteristics of the paper currency standard system:
1. The paper currency issued by the government or the central bank is the standard currency
2. It is compulsorily circulated by the national law and has unlimited legal compensation capacity
3. The relationship with gold graally weakened and finally cancelled
4. Money is injected into circulation through banks
5. Non cash circulation constitutes the main part of money circulation
5
firstly, commodities have the commonness of commodities, that is, they have two attributes of commodities value and use value
secondly, money is not an ordinary commodity, but a special commodity
finally, money reflects certain social relations of proction in the process of acting as a general equivalent
6. What are the functions of currency
(1) value scale 2) Circulation means 3) Storage means 4) Means of payment 5) World currency
7. What are the characteristics of the typical gold standard? What role did it play in the development of capitalism in history
1. It can melt freely and cast freely to keep stable circulation
2. Coins and bank notes can be exchanged with gold coins and circulated according to nominal value
3. Gold coins can be exported into the country freely
function: the gold standard is a relatively stable monetary system, which makes the domestic value of currency consistent with the international value. The foreign exchange market is relatively stable and will not cause currency devaluation, which has greatly promoted the development of capitalist economy and the expansion of international trade
8. What is the paper currency standard system? What are the characteristics? How to understand the current "one country, four currencies" system in China
paper currency standard system: definition: paper currency is a currency symbol that is issued and circulated by the state and cannot be exchanged for gold and silver. Paper money is valuable because of its circulation. It can not be withdrawn from circulation, cashed, or circulated beyond national boundaries. The paper currency standard system is a monetary system with paper currency as the standard currency
features: 1) the paper currency issued by the government or the central bank is the base currency
2) it is compulsorily circulated by the national law and has unlimited legal compensation capacity
3) the relationship with gold graally weakened and finally cancelled
4) money is injected into circulation through banks
5) non cash circulation constitutes the main part of money circulation< In 1997 and 1999, after the return of Hong Kong and Macao to the people's Republic of China, they continued to maintain the original monetary and financial system, while Taiwan used Taiwan dollars, resulting in the unique historical phenomenon of "one country, four currencies" of RMB, Hong Kong dollars, Australian dollars and Taiwan dollars
2) RMB was issued by the people's Bank of China on December 1, 1948, marking the beginning of the monetary system of the people's Republic of China. RMB is in the form of cash and deposit currency. It has never specified the amount of gold. It is not formally linked with any foreign currency and does not comply with any foreign currency system. Except RMB, all foreign currencies, gold and silver are prohibited to circulate in the mainland of China. The main currency of RMB is yuan, "Yuan" is the legal unit of valuation and settlement in China's economic life, which has unlimited legal compensation ability. There are two kinds of monetary units of RMB subsidiary currency, namely "Jiao" and "Fen". The Fen Jiao yuan is in the decimal system and is under the unified management of the people's Bank of China authorized by the state<
Chapter 2
1. What is credit? What stages has the development of credit gone through
credit is the proct of the development of commodity monetary economy to a certain stage< The characteristics of loan capital are as follows: firstly, loan capital is the capital as a commodity< Second, loan capital is ownership capital< Thirdly, loan capital has a special form of movement
fourthly, loan capital is the most fetishistic
3. The difference between commercial promissory note and commercial bill
V bill is an order for payment, while promissory note is a promise for payment
V bill involves three parties, namely, the drawer, the payee and the payer. The drawer is not responsible for payment, while the promissory note has only two parties, namely, the drawer and the payee, The main person in charge is the drawer who bears the payment responsibility
V there is an acceptance system for bills of exchange, and the holder should accept the bill to the drawee according to the acceptance period of the bill. This bill has an acceptance system
4. What is a credit tool? What are the characteristics of credit instruments?
credit instruments, also known as financial instruments, are issued and circulated in written form to guarantee the rights of creditors or investors. It is the carrier of funds or capital, with which funds or capital can be transferred from suppliers to demanders. Credit instrument is an important financial asset and an important trading partner in the financial market
credit instruments have the following common characteristics:
first, return. That is to say, the creditor or investor can recover the amount of the creditor's right according to the time recorded in the credit certificate
Second, liquidity. Liquidity refers to the ability of credit instruments to become money quickly without loss
thirdly, profitability. That is to say, credit instruments can bring benefits to holders regularly or irregularly
Fourth, risk. Risk refers to the possibility of the loss of the value of financial assets caused by some uncertain factors
5. The meaning and characteristics of preferred stock and common stock
preferred stock is a kind of stock in which shareholders have the right to dividend and claim assets prior to common stock. The dividend yield of such shares is generally determined in advance. But in general, preferred shareholders can not participate in the company's operation and management, nor do they have stock options like common shareholders, especially can't share the high profits of the company. At the same time, e to the fixed dividend, it is very disadvantageous to the preferred stock holders under the condition of inflation
common stock is the most common and main form of stock. Common shareholders, whose dividends vary with the company's profits
6. Why is the interest rate of usury credit particularly high< There are two reasons for the high interest rate of usury: first, most of the borrowers' loans are not used for additional capital and profit, but for general and necessary means of purchase and payment. If it is used for additional capital, the borrower is not willing to borrow, considering that the high interest will make him unprofitable. Second, in the case of the dominant natural economy and the underdeveloped commodity currency economy, it is not easy for people to obtain money, and people have a great demand for money, which creates conditions for the formation of usury< Why does bank credit replace commercial credit and become the main form of modern credit< The subject of bank credit is different from commercial credit. The debtors of bank credit are manufacturers, governments, families and other institutions, while the creditors are banks and various financial institutions. This overcomes the limitation of commercial credit
2. The object of bank credit is a single form of monetary capital. This feature enables bank credit to overcome the limitations of commercial credit. On the one hand, bank credit can effectively gather all kinds of hot money in the society, which can gather temporarily idle monetary capital free from the process of enterprise reproction. On the other hand, bank credit is provided in a single form of monetary capital, which can provide bank credit to any enterprise, any institution or indivial without the restriction of commodity circulation direction, So as to overcome the limitations of commercial credit in the direction of providing
3. The dynamics of bank credit and instrial capital are not completely consistent. Bank credit is an independent movement of loan capital, which may be inconsistent with the dynamics of instrial capital< 1) credit and proction; 1) credit promotes the average of profits; 2) the existence of credit can save circulation costs; 3) credit promotes the rapid development of the joint-stock system and expands the scale of proction; 2) credit and consumption; 1) regulating consumption; 2) postponing consumption; 3) credit and economic regulation, Due to the development of credit, there are many kinds of banks and credit institutions. On the other hand, e to the development of credit, there are a variety of credit tools
to use credit to regulate economy, all countries focus on aggregate supply and demand. It is mainly to control the scale of proction and the total amount and structure of procts by tightening credit or loosening monetary policy, so as to regulate the supply of goods and services in the market< 4) credit and crisis
Chapter 3
1; According to the theory of loanable funds interest rate, the interest rate is not simply determined by investment and savings or money supply and money demand, but by the supply and demand of loanable funds. The supply of loanable funds comes not only from the central bank, but also from people's savings and money hoard, as well as the credit creation of commercial banks. The demand for loanable funds comes from investment and people's money hoard. If we consider that investment and hoard are decreasing functions of interest rate, credit creation of savings and commercial banks and people's anti hoard are increasing functions of interest rate< 2. The moderating effect of interest rate on economic activities 1 The impact of interest rate changes on capital supply and demand
& 2 The impact of interest rate changes on the scale and structure of credit
& nbsp 3 How to understand the current interest rate marketization reform in China; A country's interest rate system is the sum of a country's interest rate management system, including the interest rate policy, the interest rate determination mechanism and the relevant provisions on the range of interest rate changes
the process of interest rate marketization can be divided into three stages: the first stage aims to raise the interest rate to a level close to the equilibrium state of the market and maintain the economic and financial stability
7. 431 finance synthesis
I. examination nature
Finance synthesis is one of the subjects in the 2011 unified entrance examination for master of Finance (MF) postgraates
comprehensive examination of finance should strive to reflect the characteristics of master's degree in finance, scientifically, fairly, accurately and normatively evaluate the basic quality and comprehensive ability of candidates, select excellent talents with development potential, and cultivate high-level talents with good professional ethics and strong ability to analyze and solve practical problems for national economic construction Applied and compound financial professionals< 2. Test requirements: test the candidates' ability to master and apply the basic concepts and theories related to finance and corporate finance< (3) examination method and score
the full score of undergraate course is 150 points, including 90 points for finance and 60 points for corporate finance, which are set by each training unit and unified national examination< (1) finance
1. Currency and monetary system
● monetary function and monetary system
● international monetary system
2. Interest and interest rate
● interest rate determination theory
● term structure of interest rate
3. Foreign exchange and exchange rate
● foreign exchange and exchange rate system
● currency value Interest rate and exchange rate
● exchange rate determination theory
4. Financial market and institutions
● financial market and its elements
● money market
● capital market
● derivatives market
● financial institutions (types and functions)
5 Commercial banks
● liability business of commercial banks
● asset business of commercial banks
● intermediate business and off balance sheet business of commercial banks
● risk characteristics of commercial banks
6. Modern money creation mechanism
● deposit money creation mechanism
● functions of central bank
● money creation process under central bank system
7 Money supply and demand and equilibrium
● money demand theory
● money supply
● money equilibrium
● inflation and deflation
8. Monetary policy
● monetary policy and its objectives
● monetary policy tools
● transmission mechanism and intermediary index of monetary policy
9 Balance of payments and international capital flow
● balance of payments
● international reserves
● international capital flow
10. Financial supervision
● financial supervision theory
● Basel Accord
● financial institution supervision
● financial market supervision
(2) corporate finance
1 Overview of corporate finance
● what is corporate finance
● financial management objectives
2. Financial statement analysis
● accounting statement
● financial statement ratio analysis
3. Long term financial planning
● sales percentage method
● external financing and growth
4 Discount and value
● cash flow and discount
● bond valuation
● stock valuation
5. Capital budget
● investment decision method
● incremental cash flow
● application of net present value
● risk analysis in capital budget
6 Risk and return
● measurement of risk and return
● mean variance model
● capital asset pricing model
● no arbitrage pricing model
7. Weighted average cost of capital
● beta β The main contents of this paper are as follows: 1) estimation of WACC (weighted average cost of capital)
8) efficient market hypothesis
● concept of efficient capital market
● form of efficient capital market
● efficient market and corporate finance
9) capital structure and corporate value
● debt financing and equity financing
● capital structure
● MM theorem
10 Company value evaluation
● main methods of company value evaluation
● application and comparison of three methods
I. examination nature
Finance synthesis is one of the subjects in the 2011 unified entrance examination for master of Finance (MF) postgraates
comprehensive examination of finance should strive to reflect the characteristics of master's degree in finance, scientifically, fairly, accurately and normatively evaluate the basic quality and comprehensive ability of candidates, select excellent talents with development potential, and cultivate high-level talents with good professional ethics and strong ability to analyze and solve practical problems for national economic construction Applied and compound financial professionals< 2. Test requirements: test the candidates' ability to master and apply the basic concepts and theories related to finance and corporate finance< (3) examination method and score
the full score of undergraate course is 150 points, including 90 points for finance and 60 points for corporate finance, which are set by each training unit and unified national examination< (1) finance
1. Currency and monetary system
● monetary function and monetary system
● international monetary system
2. Interest and interest rate
● interest rate determination theory
● term structure of interest rate
3. Foreign exchange and exchange rate
● foreign exchange and exchange rate system
● currency value Interest rate and exchange rate
● exchange rate determination theory
4. Financial market and institutions
● financial market and its elements
● money market
● capital market
● derivatives market
● financial institutions (types and functions)
5 Commercial banks
● liability business of commercial banks
● asset business of commercial banks
● intermediate business and off balance sheet business of commercial banks
● risk characteristics of commercial banks
6. Modern money creation mechanism
● deposit money creation mechanism
● functions of central bank
● money creation process under central bank system
7 Money supply and demand and equilibrium
● money demand theory
● money supply
● money equilibrium
● inflation and deflation
8. Monetary policy
● monetary policy and its objectives
● monetary policy tools
● transmission mechanism and intermediary index of monetary policy
9 Balance of payments and international capital flow
● balance of payments
● international reserves
● international capital flow
10. Financial supervision
● financial supervision theory
● Basel Accord
● financial institution supervision
● financial market supervision
(2) corporate finance
1 Overview of corporate finance
● what is corporate finance
● financial management objectives
2. Financial statement analysis
● accounting statement
● financial statement ratio analysis
3. Long term financial planning
● sales percentage method
● external financing and growth
4 Discount and value
● cash flow and discount
● bond valuation
● stock valuation
5. Capital budget
● investment decision method
● incremental cash flow
● application of net present value
● risk analysis in capital budget
6 Risk and return
● measurement of risk and return
● mean variance model
● capital asset pricing model
● no arbitrage pricing model
7. Weighted average cost of capital
● beta β The main contents of this paper are as follows: 1) estimation of WACC (weighted average cost of capital)
8) efficient market hypothesis
● concept of efficient capital market
● form of efficient capital market
● efficient market and corporate finance
9) capital structure and corporate value
● debt financing and equity financing
● capital structure
● MM theorem
10 Company value evaluation
● main methods of company value evaluation
● application and comparison of three methods
8. 431 finance synthesis
I. examination nature
Finance synthesis is one of the subjects of the 2013 unified entrance examination for master of Finance (MF) postgraates
comprehensive examination of finance should strive to reflect the characteristics of master's degree in finance, scientifically, fairly, accurately and normatively evaluate the basic quality and comprehensive ability of candidates, select excellent talents with development potential, and cultivate high-level talents with good professional ethics and strong ability to analyze and solve practical problems for national economic construction Applied and compound financial professionals< 2. Test requirements: test the candidates' ability to master and apply the basic concepts and theories related to finance and corporate finance< (3) examination method and score
the full score of undergraate course is 150 points, including 90 points for finance and 60 points for corporate finance, which are set by each training unit and unified national examination< (1) finance
1. Currency and monetary system
● monetary function and monetary system
● international monetary system
2. Interest and interest rate
● interest rate determination theory
● term structure of interest rate
3. Foreign exchange and exchange rate
● foreign exchange and exchange rate system
● currency value Interest rate and exchange rate
● exchange rate determination theory
4. Financial market and institutions
● financial market and its elements
● money market
● capital market
● derivatives market
● financial institutions (types and functions)
5 Commercial banks
● liability business of commercial banks
● asset business of commercial banks
● intermediate business and off balance sheet business of commercial banks
● risk characteristics of commercial banks
6. Modern money creation mechanism
● deposit money creation mechanism
● functions of central bank
● money creation process under central bank system
7 Money supply and demand and equilibrium
● money demand theory
● money supply
● money equilibrium
● inflation and deflation
8. Monetary policy
● monetary policy and its objectives
● monetary policy tools
● transmission mechanism and intermediary index of monetary policy
9 Balance of payments and international capital flow
● balance of payments
● international reserves
● international capital flow
10. Financial supervision
● financial supervision theory
● Basel Accord
● financial institution supervision
● financial market supervision
(2) corporate finance
1 Overview of corporate finance
● what is corporate finance
● financial management objectives
2. Financial statement analysis
● accounting statement
● financial statement ratio analysis
3. Long term financial planning
● sales percentage method
● external financing and growth
4 Discount and value
● cash flow and discount
● bond valuation
● stock valuation
5. Capital budget
● investment decision method
● incremental cash flow
● application of net present value
● risk analysis in capital budget
6 Risk and return
● measurement of risk and return
● mean variance model
● capital asset pricing model
● no arbitrage pricing model
7. Weighted average cost of capital
● beta β The main contents of this paper are as follows: 1) estimation of WACC (weighted average cost of capital)
8) efficient market hypothesis
● concept of efficient capital market
● form of efficient capital market
● efficient market and corporate finance
9) capital structure and corporate value
● debt financing and equity financing
● capital structure
● MM theorem
10 Company value evaluation
● main methods of company value evaluation
● application and comparison of three methods
I. examination nature
Finance synthesis is one of the subjects of the 2013 unified entrance examination for master of Finance (MF) postgraates
comprehensive examination of finance should strive to reflect the characteristics of master's degree in finance, scientifically, fairly, accurately and normatively evaluate the basic quality and comprehensive ability of candidates, select excellent talents with development potential, and cultivate high-level talents with good professional ethics and strong ability to analyze and solve practical problems for national economic construction Applied and compound financial professionals< 2. Test requirements: test the candidates' ability to master and apply the basic concepts and theories related to finance and corporate finance< (3) examination method and score
the full score of undergraate course is 150 points, including 90 points for finance and 60 points for corporate finance, which are set by each training unit and unified national examination< (1) finance
1. Currency and monetary system
● monetary function and monetary system
● international monetary system
2. Interest and interest rate
● interest rate determination theory
● term structure of interest rate
3. Foreign exchange and exchange rate
● foreign exchange and exchange rate system
● currency value Interest rate and exchange rate
● exchange rate determination theory
4. Financial market and institutions
● financial market and its elements
● money market
● capital market
● derivatives market
● financial institutions (types and functions)
5 Commercial banks
● liability business of commercial banks
● asset business of commercial banks
● intermediate business and off balance sheet business of commercial banks
● risk characteristics of commercial banks
6. Modern money creation mechanism
● deposit money creation mechanism
● functions of central bank
● money creation process under central bank system
7 Money supply and demand and equilibrium
● money demand theory
● money supply
● money equilibrium
● inflation and deflation
8. Monetary policy
● monetary policy and its objectives
● monetary policy tools
● transmission mechanism and intermediary index of monetary policy
9 Balance of payments and international capital flow
● balance of payments
● international reserves
● international capital flow
10. Financial supervision
● financial supervision theory
● Basel Accord
● financial institution supervision
● financial market supervision
(2) corporate finance
1 Overview of corporate finance
● what is corporate finance
● financial management objectives
2. Financial statement analysis
● accounting statement
● financial statement ratio analysis
3. Long term financial planning
● sales percentage method
● external financing and growth
4 Discount and value
● cash flow and discount
● bond valuation
● stock valuation
5. Capital budget
● investment decision method
● incremental cash flow
● application of net present value
● risk analysis in capital budget
6 Risk and return
● measurement of risk and return
● mean variance model
● capital asset pricing model
● no arbitrage pricing model
7. Weighted average cost of capital
● beta β The main contents of this paper are as follows: 1) estimation of WACC (weighted average cost of capital)
8) efficient market hypothesis
● concept of efficient capital market
● form of efficient capital market
● efficient market and corporate finance
9) capital structure and corporate value
● debt financing and equity financing
● capital structure
● MM theorem
10 Company value evaluation
● main methods of company value evaluation
● application and comparison of three methods
Hot content