Finance Management Courses - Why Financial Management is a Popular Program
Finance management or financial management is that aspect of management which involves the application of general management principles to specific financial operations. It basically entails planning within a business enterprise to ensure a positive cash flow and maximize shareholder wealth. Financial management includes a large number of complex practices and processes, including the administration and maintenance of financial aspects and identifying and managing risks. The decisions that financial managers need to make are in regard to financing, investments, payouts of dividends, and working capital management. They generally encounter difficulties in the form of measurement problems, uncertainty, and temporal spread. Financial managers need to be conversant with the tools and concepts of financial management, such as capital budgeting, sources of finance, various types of financial statements, financial accounting, financial reporting, and risk management. Managerial or corporate f...