The study and administration of money and investments is known as finance. It entails the production, transfer and administration of money as well as the management of financial products including derivatives, stocks and bonds.
The subject of finance includes a broad range of subjects, such as:
Investment management: The process of selecting where to put money, whether it be in the form of stocks, bonds, real estate or other assets.
Corporate finance: Managing a company’s financial resources including acquiring capital through debt or investments & managing those funds.
Personal finance: Managing one’s financial resources, including planning a budget saving money and making investments.
International finance: It is also known as currency exchange, cross-border investment and global trade is the management of financial resources across national boundaries.
Financial markets: Stock and bond markets are examples of marketplaces where financial instruments are bought and traded.
Because it gives people and businesses the tools to manage their finances and make investments, finance is a crucial component of the economy. It also plays a significant role in a variety of sectors, including banking insurance and real estate.
Financial management which addresses internal and external stakeholders, compliance & legal issues, also includes financial decision-making financial regulation & financial reporting.
