Financial Management

Abstract

Financial Management is an essential part of the economic and non economic activitieswhich leads to decide the efficient procurement and utilization of finance with profitablemanner. In the olden days the subject Financial Management was a part of accountancywith the traditional approaches. Now a days it has been enlarged with innovative andmulti dimensional functions in the field of business with the effect of industrialization,Financial Management has become a vital part of the business concern and they are concentrating more in the field of Financial Management. Financial Management also developed as corporate finance, business finance, financial economics, financial mathematics and financial engineering. Understanding the basic concept about the financial management becomes an essential part for the students of economics, commerce and management.