Author Topic: What is finance  (Read 1754 times)

Offline bipasha

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What is finance
« on: September 25, 2012, 10:43:24 AM »
"Finance" is a broad term that describes two related activities: the study of how money is managed and the actual process of acquiring needed funds. Because individuals, businesses and government entities all need funding to operate, the field is often separated into three sub-categories: personal finance, corporate finance and public finance.

All three categories are concerned with activities such as pursuing sound investments, obtaining low-cost credit, allocating funds for liabilities, and banking. Yet each has its own specific considerations. For example, individuals need to provision for retirement expenses, which means investing enough money during their working years and ensuring that their asset allocation fits their long-term plans. A large company, on the other hand, may have to decide whether to raise additional funds through a bond issue or stock offering. Investment banks may advise the firm on such considerations and help them market the securities.

As for public finance, in addition to managing money for its day-to-day operations, a government body also has larger social responsibilities. Its goals include attaining an equitable distribution of income for its citizens and enacting policies that lead to a stable economy.

Read more: http://www.investopedia.com/ask/answers/12/finance.asp#ixzz1xhD0IDX7

Offline ariful892

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Re: What is finance
« Reply #1 on: October 28, 2013, 12:24:43 PM »
As a finance major, students go beyond making a budget; they learn how to analyze a budget to determine opportunities to save or identify the best investment option. Students explore different career options in the Finance program based on their interest in decision-making – they can choose to pursue studies that support a managerial position as a Financial Analyst or they may be interested in a path that leads them to a career in Financial Consulting.
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Md. Ariful Islam (Arif)
Administrative Officer, Daffodil International University (DIU)
E-mail: ariful@daffodilvarsity.edu.bd , ariful@daffodil.com.bd , ariful333@gmail.com

Offline fatema nusrat chowdhury

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Re: What is finance
« Reply #2 on: August 14, 2014, 01:28:44 PM »
Very informative post. Thank you for sharing

Offline Nujhat Anjum

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Re: What is finance
« Reply #3 on: April 22, 2015, 11:36:30 AM »
informative post

Offline asitrony

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Re: What is finance
« Reply #4 on: June 30, 2015, 09:33:22 PM »
Nice post!