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Introduction to Financial Management | Function of Financial Management | Great Learning
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Financial Management is one of the most important aspects for individuals and organizations in this rapidly growing world. It is no longer about saving money; it is about managing and growing money. To run a business efficiently and effectively and achieve business goals, one needs to have a good knowledge and understanding of financial accounting and management.
00:00:00 Introduction
00:01:40 Agenda
00:03:32 Concept of Finance
00:06:30 Broad Areas of Finance
00:15:26 Financial Management in Business
00:18:15 Goals of Financial Management
00:18:48 Profit Maximization
00:28:45 Wealth Maximization
00:37:25 Improving Market Share
00:41:41 How Companies Share Market Share
00:44:44 Scope of Financial Management
00:49:22 Function of Financial Management
00:55:52 Agency Relationship in Business
00:59:04 Financial System
01:07:00 Financial Instruments
01:13:50 Summary
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