Advanced Financial Management Third Semester
Financial management involves planning, organizing, directing, and controlling the financial activities of an organization including procurement and utilization of the funds. It applies the general principles of management to the financial resources in order to maximize the financial gains of organi
Advanced Financial Management
This unit focuses on the theory and practice of financial decision making and management within organisations. Its subject matter includes a review of the economic logic of financial decisions,
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Subject-Wise High Quality Lectures by Experts
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Accompanying Content for Each Lecture
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Lecture-Wise Multiple Choice Questions for Each Subject
Financial management is the business function that deals with investing the available financial resources in a way that greater business success and return-on-investment (ROI) is achieved. Financial management professionals plan, organize, and control all transactions in a business. They focus on sourcing the capital whether it is from the initial investment by the entrepreneur, debt financing, venture funding, public issue, or any other sources. The financial management of an organization determines the objectives, formulates the policies, lays out the procedures, implements the programmes, and allocates the budgets related to all financial activities of a business. Through a streamlined financial management practice, it is possible to ensure that there are sufficient funds available for the company at any stage of its operations. Advanced financial management’s subject matter includes a review of the economic logic of financial decisions, drawing from the finance and accounting disciplines. Decision making within a management context is emphasised. As such, the unit prepares candidates for the sophisticated management of firm finances. Equally, the unit prepares candidates to advise management on a range of complex strategic financial issues.
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