A swiftly growing business requires additional levels of inventory and receivables to support the growth. This means the working capital requirement increases. When this increase becomes permanent, it should be financed with additional long term capital. When it is financed from a bank overdraft and a shorter operating cycle, the business entity could easily run into severe liquidity problems. By selling the ordinary shares, a company may obtain the equity capital. Comment stocks represent the ownership. The common stock holders have a right to receive profit declared by the company. They can also give vote and sell the shares in the market.
As you progress, you will become more effective and creative in problem solving, as well as being able to critically advise individuals and companies in the UK and abroad, turning you into the innovative employee demanded by the modern finance industry.
It is the period of training and acquisition of skills and competencies that will enable the invidividual to carry out independently and to a high quality standard. To this end, the doctoral training has been organized into programs led by expert in their fields who have a proven track of supervising research and technical projects and theses that have advanced knowledge in their respective fields. Ph.D. students will be part of one of these programs, in which they will develop their doctoral thesis.