Diploma in Finance Management to upgrade your Finance career
At every step of the business lifecycle, funds need to be managed & regulated as per procedures. Hence finance is crucial to any business. What is Financial Management? Managing finances involves organising, regulating, and controlling the financial activities of a company, such as obtaining and utilizing financial assets. It is a business practice that involves investing available financial resources in a way that increases the success of a business and increases the amount of revenue generated on the investment (ROI). Elements of Financial Management Estimation of Capital Needs: Financial managers evaluate factors such as the cost of current and fixed assets, cost of marketing, long-term operation, and human resources cost, etc. through various interpersonal skills and analytical skills to estimate the capital required to run the company’s operations. Determination of Capital Structure: There are several ways for a company to raise capital – equity, debentures, loans, publi...