When it is a degree from an institute specializing in banking & finance, the emphasis on ethics becomes even greater. The need to do the right thing in the right manner cannot be overemphasized today, given the overhang of large stressed assets that we are dealing with. 3.
As for the household sector, after a prolonged period of difficulty due to firms' efforts to reduce excess labor and personnel expenses, household income has been rising moderately, as the number of employees has been increasing and wages have picked up. With this improvement in the employment and income situation, private consumption has been steady.