Service industry

Written by Fmi.Online Friday November 11, 2022
A service industry is an economic segment that provides certain intangible activity that fulfills a particular need. Companies within this industry perform tasks that are useful to their customers.

Explanation:

  • The service sector is the third sector of the economy, after raw materials production and manufacturing.
  • The service sector includes a wide variety of tangible and intangible services from office cleaning to rock concerts to brain surgery.
  • The service sector is the largest sector of the global economy in terms of value-added and is especially important in more advanced economies.

In a nutshell:

 
  • The service sector is the third sector of the economy, after raw materials production and manufacturing.
  • The service sector includes a wide variety of tangible and intangible services from office cleaning to rock concerts to brain surgery.
  • The service sector is the largest sector of the global economy in terms of value-added and is especially important in more advanced economies.
top-arrow

More Resources

Our Courses are designed to boost your career

Launch your career with Fmi’s Learning Pathway

Choose a learning pathway that best meets your needs and ambitions. Not sure which Fmi learning pathway is right for you? Explore our CareerBuddy videos for help and advice.

Investment banking pathway

Investment banking pathway

 Monthly Subscription
  • courses-clock60+ hours
  • courses-desktop9 courses

Investment banking offers many exciting career opportunities for students. From Financial Analysts to Investment Management, and Sales & Trading to a wide range of roles in infrastructure such as IT, Risk or Compliance. This pathway is designed to help you understand the investment banking industry, the roles investment banks are recruiting for, and most importantly, help you to develop the practical skills you need to get into the industry and your preferred role whether this be as part of a school leaver, intern or graduate program.

FMI Online Student join-student-img2 FMI Online Student
55,000+ students currently enrolled
₹750 / month Buy for ₹ 2999
Global markets pathway

Global markets pathway

 Monthly Subscription
  • courses-clock70+ hours
  • courses-desktop10 courses

Global markets provide a range of important products and services to corporates, institutions and governments worldwide from executing trades and managing risk to providing quality research content. A key business area in all investment banks, global markets offers a wide range of career paths for students to consider across all functions and at all levels from school leavers to internships through to graduate programs.

FMI Online Student join-student-img2 FMI Online Student
85,000+ students currently enrolled
₹750 / month Buy for ₹ 2999
Asset management pathway

Asset management pathway

 Monthly Subscription
  • courses-clock50+ hours
  • courses-desktop8 courses

The asset management industry is a global industry worth over 100 trillion US dollars. It plays a crucial role in managing the assets of retail and institutional investors, offering a wide range of exciting careers in doing so. If you’re looking to forge a career in asset management, our Asset management pathway is perfect for you. We help you build the skills all asset managers are looking for and explore everything you need to know about the industry and the wide range of roles available in the sector

FMI Online Student join-student-img2 FMI Online Student
100,000+ students currently enrolled
₹750 / month Buy for ₹ 2999
See all courses