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Studying management will provide you with a focused and continuous education. In this way you will develop the skills that will help you perform successfully in the financial sector. The term financial management refers to a department in the area of finance that is responsible for planning, organizing and managing the financial life of a company in banking; in short, it decides what to do with an organization's money, how it will be invested or spent and when, as well as how much is needed to make more profit or grow the company. Banks are those financial institutions with the purpose of attracting high-level customers, seeking to achieve that the bank provides total confidence and with the purpose that the same customers deposit their money there so that, in this way, the bank can work in terms of loans to third parties generating interest for their profits.