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What is Financial Management? A business organization needs funds for activities such as trading or manufacture or to provide services. These are the core functions of any business organization. In a market economy, there are ways to raise finance through individuals and institutions from whom wealth is accumulated. This wealth is utilized properly to bring about into the market products or services. This is where financial management steps in. Optimum utilization of finance is the key for success.

Using more finances will increase the cost of the product or service. Using less finance will bring about inferior products or services. So, a balance must be struck to produce an ideal product at the least cost. The major role of financial management is acquisition of funds in the form of raising and allocation of capital, major expansion, merger, reorganization, cash management, etc.

Financial management includes concepts such as capital investment decisions, working capital management, financial risk management, etc on broad scale. Financial management deals with both long term finance and short term finance. Long term finances are those finances which are raised by a company such as equity and debt.

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Apr 17,  · Our Online Help with Finance Homework Assignment – Get the Best Online Guidance for Finance Assignments from My Homework Help What is Finance? Finance deals with the matters of money and managing currency, fund, capital and more to invest for a profitable return/5(). Finance Assignment Help. Finance is the study of investments, money and revenue management. While a section of academicians describes the study of finance as the subject that manages and creates money; others are of opinion that it is a subject that elaborates how money should be used in personal, corporate and public financing/5(14K).