G2020 Young Finance Scholar(YFS) Accelerated Program
The Young Finance Scholar (YFS) program of the New York Institute of Finance (NYIF) is a tailored multi-dimensional, smart-learning training program designed specifically for pre-college students who have aspirations to explore interests and enrich their financial & business education, research capabilities, and soft skills & extracurricular profiles. Following NYIF's 100-year legacy of providing finance-related courses for professionals, YFS is also taught and designed by senior Wall Street experts and business leaders. YFS aims to nurture at an early age, a strong financial and entrepreneurial acumen among these selected, high-potential scholars.
Besides the NYIF Young Finance Scholar (YFS) Certificate, the student will also be able to request a reference letter from NYIF after graduating from the program, be qualified for the YFS Advanced program, and get invited to gain volunteer experience in the non-profit Global PAI Project.
Topic 1: Basic Concepts of the Macro Economy
- GDP / Income and Output
- Unemployment / Inflation / Interest
- Monetary Policy and Fiscal Policy
- Case Study
Topic 2: Basic Concepts of the Micro Economy
- Supply and Demand
- Market Structure and the Invisible Hand
- Consumer and Producer
- Individual, Family and Firm's Resource Allocation / Decision Making
- Case Study
Topic 3: Analyze a Company from a Financial Perspective
- Assets vs. Liabilities
- Equity vs. Debt
- Revenue vs. Cost
- Cash Flow
Topic 4: What is Wall Street?
- Brief History of Wall Street
- Key Players on Wall Street
- Investment Banking
- Securities Brokers and Dealers
- Private Equity and Venture Capital Firms
Topic 5: Future of Finance - Fintech and Sustainable Finance
- Evolution of Digitization and Technology in Finance
- Blockchain and Bitcoin
- Concept of Sustainability and Sustainable Development
- ESG (Environmental, Social, Governance) Criteria Sustainable and Green Investing
Topic 6: Role of Ethics in Business and Finance
- What is Right or Wrong in Doing Business?
- Aspirations, Fairness, and Cooperative Efforts
- Business vs. Clients and Society
- Case Studies