Q&A: What is the difference between a Bachelor of science in finance and a bachelor of business administration in?

Question by Originalchick: What is the difference between a Bachelor of science in finance and a bachelor of business administration in?
-finance.
What is the difference between a Bachelor of science in finance and a bachelor of business administration in finance?

And what career path those it lead to?

Best answer:

Answer by Cochise
A BBA is more general – you get some finance, some accounting, some management, some business law, etc. A BS-Finance would be more pointed.

I recommend that you go for the BBA and if you are really interested in finance, go for an MBA afterwords. A BS finance really doesn’t carry much weight these days – you will need an MBA eventually anyway.

If you do go after either of these degrees, by all means take at least one tax course [not the same as accounting] and one “managerial accounting” [aka “budgeting”] course. They were the two most useful courses I have ever taken.

As for career paths, these both lead to careers in business. Again, the BBA can take you almost anywhere. The BS-Finance more or less sends you to the local stockbroker or bank.

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When and how did the Clinton administration allow for the securitization of subprime mortgages?

Question by ortisthetortoise: When and how did the Clinton administration allow for the securitization of subprime mortgages?
Please cite sources (specific legislation, executive order, etc. – not just “CRA changes in 1995”)
I can’t seem to find these “CRA changes of 1995” in any law or order. Trying to figure out if they are fact or folklore
….changes specific to subprime securitization that is…

Best answer:

Answer by rhsaunders
It didn’t; securitization has been legal from the beginning. Which did not mean that it was smart, or that there were mechanisms in place to appropriately value such securities.

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What is the significance of the Community Reinvestment Act of 1977 (passed during the Carter Administration)?

Question by abe frohman: What is the significance of the Community Reinvestment Act of 1977 (passed during the Carter Administration)?
How did the changes to the law in 1995 (Clinton Administration) affect this law?

“The 1995 revisions were credited with helping to substantially increase the amount of loans to small businesses and to low- and moderate-income borrowers for home loans. Part of the increase in the latter type of lending was no doubt due to increased efficiency in the secondary market for mortgage loans. The revisions allowed the securitization of CRA loans containing subprime mortgages. The first public securitization of CRA loans started in 1997.”

Best answer:

Answer by Jack Hoff
Correct me if I’m wrong but I believe the significance is an old, old wooden ship used by the pioneers in the Civil War Era.

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Is the Clinton administration to allow the securitization of subprime mortgages? If so, how?

issue by ortisthetortoise : Is the Clinton administration to allow the securitization of subprime mortgages? If so, how?
I can not find anything specific to the securitization of subprime mortgages in the “CRA 1995 changes” that everyone parle.Essayer to understand whether this accusation is made or folklore.Y there a specific law or order Executive which refers to this Best answer:

response by Chris J
http://www.miscellanynews.com/opinions/don_t_blame_the_guiltless_for_economic_crisis

What do you think? Answer below!