Wednesday, 3 October 2012

Finance



Financial management is the study and practice of decision making dollar * denominated in one company, namely, micro-finance. Most job opportunities in the field of finance in financial management, every company needs a financial manager, even a one-man operation. The financial manager is concerned with the acquisition and allocation of financial resources for the company. They spend most of their time managing working capital (short-term assets and liabilities).

* Or yen or euros, etc. This includes money market (short term debt) and capital markets (long-term debt and equity). Financial markets provide companies and governments with liquidity, and capital markets provide the same entity with long-term capital. Typical financial institutions are commercial banks, investment banks, Thrifts, insurance companies, and credit unions. This work is usually found in one of three areas:
a) the sale,
b) security analysis and portfolio management, or
c) financial planning. Typical company is a stock securities, commercial banks, investment companies (mutual funds), and insurance companies.

People who work in one of the three main areas of finance must be familiar with the workings of the other two. The three areas of strongly interacting.

1 comment:

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