Finance
plays a role in many of the stories in the news every day, which means that
those who understand finance have a better grasp on how the events of the world
affect them. Finance is relevant to all business functions, the macro economy,
and personal finances. Finance
is a global and dynamic field. To make career in finance individuals need to pay
special attention to subjects like: economics, accounting, and qualitative methods. Finance is a forward-looking discipline
and individuals who wish to pursue finance as a career must be prepare to face huge
amount of challenges and uncertainty.
Defining
Financial Management:
Financial
management is a key and distinct segment of the finance industry which
specifically concentrates on areas which will benefit those wanting to go into
management. Financial management means to plan and control the finance of the
company. It is done to achieve the objectives of the company. It is the process of putting the
available funds to the best advantage from the long term point of view of
business objectives. The
study of finance often feels a lot narrower than it really is.
Scopes
of opportunities:
Financial
management has a wide scope; it estimates the financial needs of the company
and finds out how much finance is required by the company. It is essential in
all types of organization whether it be a profit or non-profit. It’s essential
in a planned economy as well as in a capitalist set-up as it involves efficient
use of resources.
By
Financial Management we mean efficient use of economic resources namely capital
funds. Financial management is concerned with the managerial decisions that
results in the acquisition and financing of short term and long term credits of
firms.
Master
of business administration, in finance can offer many job opportunities with
companies and government organizations because ideas need financial backing to happen.
It
also helps employees stand out because
competition in the business world is fierce.
Financial
management is the most important functional area of management. All other
functional areas such as production management, marketing management, personnel
management, etc. depend on financial management. Financial management optimizes
the output from the assigned input of funds. In a country like India where
resources are scare and there is huge demand of funds, the need for proper
financial management is required.
Management program in finance also provide opportunities to
advance careers, start his/her own business and give essential managerial
learning skills that can be applied in many other business-related careers. Efficient financial management is
required for survival, growth and success of the company or firm. It divides
the company's profits among the shareholders, debenture holders, etc. It keeps
a part of the profits as reserves. The objective of financial management is the
same as the objective of a company which is to earn profit.
Other
benefits of pursuing management degree in finance are as follows:
Blooming
career: - for applicants who pursue financial management program, they develop
skills suited for professional field. Their duties and jobs lead them to jobs
that involves looking through income statements, preparing a balanced sheets
and preparation of financial report. They also get opportunity to handle work
related to credit management where they get a golden opportunity to oversee a
firm's finances.
Elevation
in Career: - this educational degree on a resume looks good and reflects
applicants advanced knowledge in career. Management students in finance are in
high demand, as it is the largest asset in a company. Also, having an Online MBA
in finance increases the marketability and versatility of career options for
students & for working professionals.
Entrepreneur:
- Masters in business administration in finance can be a great asset for those
who want to start their own business. As in managerial skills in finance are
well taught to the students which include topics like: accounting, economics,
banking and market structure, which are essential for the operation of a
business.
Why
Online Finance MBA program from Bharathiar University?
Starting
its operation in 1982, the Bharathiar University offers a wide range of
programs. It’s accredited by NAAC with Grade ‘A’. It offers a two years online
MBA program in Finance. Jaro Education in collaboration with Bharathiar
University provides a 2 Years Online MBA program in Finance offered by
Bharathiar University. It’s awarded as the best State Run Universities in India having the best
web-based applications for its users.
Key
features of Bharathiar University are as follows:
Video
lectures – Jaro Education provides video lectures for common subjects in 1st
year and few specializations in 2nd year program in Finance from Bharathiar
University. This helps candidates to foster critical thinking and intellectual
exploration ability.
- Industry speakers – online guest lectures by eminent corporate dignitaries are provided to insight applicants about changing needs of business and to understand industry requirements.
- Student placement service – Exclusive career /job melas are conducted at Bharathiar University for Distance Education students. Jaro Education also provides placement assistance to students along with special individual counseling sessions.
- Study Material & Books – Complete study resource which would include all study material and books are provided by Bharathiar University.
- Study Centers - Bharathiar University has established unique and prestigious off campus academic study centers to enroll students for various courses and it also conducts Personal Contact Classes for both theory and practical knowledge.
Finance
is an important field of study for those who have a desire of working in
finance or accounting. Finance is heavily used in jobs ranging from investment
banker to CFO to venture capitalist. Financial management program is
constructed to give candidates a clear understanding of every aspect of the
industry and are well-cultivated to incorporate the managerial skills of its
students. Bharathiar
University is completely committed to produce outstanding financial managers
with an enhanced horizon of knowledge, analytical ability, team building
experience and critical interpersonal skills. Enroll yourself with this top
educational program and experience the change .For best online management
programmes from Jaro Education click here: http://bit.ly/1knMJM3
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