Introducing Finance

Finance is the study of fund management and asset allocation over time.

Finance, economics, and accounting are business subjects with many similarities and differences; each is a distinct field of study.

The primary role of corporate finance is to determine how best to maximize shareholder value.

Investment and financing decisions boil down to how to spend money and how to borrow money.

Corporate finance utilizes tools and analysis to make sound financial business decisions.

The financial manager is responsible for budgeting, projecting cash flows, and determining how to invest and finance projects.

Finance is relevant to all business functions, the macroeconomy, and personal finances.