Finance and Business
Every Organizations and every People are affected by Finance, there are many career opportunities in the finance. At first, we need to know what the definition of finance is. I can answer this question for you. Finance is known as the art and science of managing money. All individuals and organization earn money and invest money. Finance is concerned with the process, institutions, markets and instruments involved in transferring of money among individuals, businesses and governments.
Finance is divided two parts:
1, Financial services
It is the area of finance concerned with the design and delivery of advice and financial products to individuals, business, and government. It involves a variety of interesting career opportunities within the areas of banking and related institution, personal financial planning, investments, real estate, and insurance.
2, Managerial finance
It is concerned with the duties of the financial manager in the business firm. We also need to understand about the definition of financial managers actively manage the financial affairs of any type of businesses (financial and nonfinancial), private and public, large and small, profit seeking and non profit for profit.
Another important trend has been the globalization of the business activity U.S Corporation is have dramatically increased in sales, purchases, investments and fund raising in other countries and foreign corporations have likewise increases theses activities in the United States. And this trend makes a need for financial managers who can help a firm to manage cash flows in different currencies and protect against the risks what arise from international transportations. These changes may make the managerial finance function more complex but they can lead to more rewarding and fulfilling career.
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