Financial Management
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Financial Management

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The planning, controlling and organizing of financial activities is termed as financial management. A few activities which fall under this category are procurement of funds as well as their utilization. Financial management is involved in the application of the principles of management to the financial resources of an enterprise. It primarily focuses on ratios, debts and equities. Some of the major objectives of this field are profit maximization, wealth maximization, maintenance of proper cash flow and minimization on capital cost. A few of its allied fields are investment management, manager...