FM Student

Financial Management

It is advisable to think like a business man, if you wish to learn financial management in detail. In a layman’s language financial management concerns with:

·        Acquisition,

·        Financing, and

·        Management of Assets

There will be an overall financial goal in doing so. This can be called technically as:

·        Investment Decision,

·        Financing Decision, and

·        Asset Management Decision

Investment decision decide the size of the business where as financing decision decide the sources from which funds can be raised. The management of asset is pertaining to management of current assets.