Primary and Secondary Markets | Where Securities are Auctioned, Offered and Traded

The primary market is where securities are created, while the secondary market is

where those securities are traded by investors. In the primary market, companies sell
new stocks and bonds to the public for the first time, such as with an initial public
offering (IPO). In the primary market, the investor can purchase shares directly from the
company. In Secondary Market, investors buy and sell the stocks and bonds among
themselves. In the primary market, security can be sold only once, whereas in the
secondary market it can be done an infinite number of times.

Ali and Tingi (2013) conducted a study that aimed to identify what factors that influence the
students to accept the offer of accounting as a major. The five major factors that have been chosen in
this Factors 1. Personal 2. References 3. Job-related 4. Media/Publicity Decision to enroll in the BSA
Program study which may lead and influence students’ perception in choosing the accounting program
past achievements, personal interests, job or income prospect, family and peers, and media. Among
these factors, only job prospect has the highest and significant influence on the students’ choice of
accepting the offer of accounting as a major.