Financial Management is the branch of management which is concered with the estimation of funds. Procurement of funds and utilization of funds for attaining the predetermined goals of an orgainsation. In other words, Financial management is the application of general management principles in the area of financial decision making. It is the operational activity of a business that is responsible for effectively utilizing the funds necessary for efficient operation. It is concerned with the acquisitions and financing Management is the area of business management devoted to the judicious use of capital and a careful selection of sources of capital in order to enable a business firm to move in the direction of reaching its goal.
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Publication Year
2016
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Author Info
Dr. Vishal Saxena is Assistant Professor in the Department of Commerce in National P.G. College, Lucknow. He has long experience of taking B.Com, B.Com(H), BBA, M.Com. M.Voc & CA/CS/CMA Classes and has been faculty member in numerous esteemed institutions of the town. He has distinguished credit of securing 3rd Rank in CA. Intermediate exam in the entire Lucknow zone. He is doctorate in commerce from university of Lucknow, has qualified the prestigious UGC-NET in Commerce & has Masters in Business Adminstration (MBA-Finance). He has presented several research papers in various National & International Seminars, Published several research papers in international journals and participated in workshops of National repute. He has specialization in Financial Accounting, Management Accounting, Cost Accounting, Finacial Management, Income Tax & portfolio Management. He has also been called frequently by All India Radio as an “Expert and Career Counselor” for various educational programs.