If you're interested in entering the financial world and working for lending institutions, you'll start off on the right foot by pursuing working capital education and training. Working capital is cash a business requires for its daily operations. From small business working capital to writing working capital loans, the proper education and training will guide you toward a career in managing working capital.
There are a few ways you can get working capital education and training. Formal college or university classes can expose you to working capital finance. Banking and financial seminars can teach you about working capital. Finally, internships at lending institutions can provide you real experience with working capital management. Consider all three of these learning tools as you pursue your working capital education and training:
- Attend college courses in finance that concentrate on working capital.
- Go to financial seminars that address working capital.
- Land an internship at a banking or lending institution that specializes in working capital financing.
Enroll in working capital finance courses at an accredited college or universityIf you are serious about a career in working capital, you'll want to pursue a formal degree in finance as a first step in your working capital education and training. Some college finance programs offer classes that teach working capital finance. Classes in this topic are a great way to begin your working capital education and training.
The College of New Jersey offers diverse courses in finance, including one devoted to teaching students about working capital. The Northeastern University College of Professional Studies has a course in working capital management that covers the topic from both the lender's and borrower's standpoints.
Take advantage of seminars in finance that include working capital in the covered topicsSeminars often provide in-depth discussions about specific topics. There are several financial seminars available that address working capital management, working capital calculation and other working capital services.
The Export-Import Bank of the United States offers seminars to lending institutions that wish to be Delegated Authority Lenders for working capital guarantees. The Training Registry details a working capital management seminar given by the American Management Association.
Get hands-on experience in working capital finance through an internshipFew things can provide a better education or training opportunity than hands-on experience. Many lending institutions, banks and financial services companies offer internships that will allow interns to work with finance managers who deal with working capital and other business finances.
CIT Energy, a company that provides working capital services, offers an internship in corporate finance. Kennedy Capital Management has a finance intern program that exposes the intern to many aspects of business financing.