Financial management is corporate financial management in a nutshell. It is where the talent moves into a higher level of decision making in corporate financial matters. These include working for investment banks, financial consultancies and governments in senior positions. Knowledge and experience of risk managing and mergers is just part of a senior manager’s skills.
A student of Financial Management learns how to critically assess and select appropriate finance sources through the use of an effective investment appraisal method. Understanding markets is an important business concept too and computers are widely used to provide simulations. Strategy development is a part of a successful business in relation to finance, marketing and human resources. Risk is often associated with wealth gains but it has to be identified, measured and managed. It has to fit in with company objectives. These concepts are all learned on a Financial Management course.
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