Financial Management

The planning, controlling and organizing of financial activities is termed as financial management. A few activities which fall under this category are procurement of funds as well as their utilization. Financial management is involved in the application of the principles of management to the financial resources of an enterprise. It primarily focuses on ratios, debts and equities. Some of the major objectives of this field are profit maximization, wealth maximization, maintenance of proper cash flow and minimization on capital cost. A few of its allied fields are investment management, managerial finance and corporate finance. This book elucidates the concepts and innovative models around prospective developments with respect to financial management. It picks up individual branches and explains their need and contribution in the context of a growing economy. For someone with an interest and eye for detail, this textbook covers the most significant topics in the field of financial management.