Management of money or funds management, along with keeping the specific records of company is often termed as ‘finance’. IN today’s world of globalization where companies are expanding wide & far the term FINANCE has itself become very important. Finance is a business activity that includes the management of cash and money, marketing, banking etc. which can be achieved through capital markets created for transacting and trading assets, accounts, instruments, and liabilities, and risks. Finance is a complex system of power relations within political economies across state and global markets. The financial system consists of public and private interests and the markets that serve them. It provides capital from individual investors who transfer money directly and through services like firms, insurance companies, banks, & those firms specially designed to deal with individuals, firms, and governments that acquire resources and transact business. Project financing has become one of the core activities of banks in the recent years. With the growth in the economy and the revival in the industrial sector coupled with the increasing role of private players in the field of infrastructure, more and more banks are entering into the project finance area. Work of the financial executive is to create, negotiate, market, and trade in financial products and services for their own as well as their clients’ accounts. However this is entirely risk based. Finance sector is becoming more & more important since the financial performance is the measure of efficiency and profitability of investments, the safety of debtors’ claims against a variety of market risks. Management institutes involved in finance are:
1. IIM, Ahmadabad
2. IIM, Calcutta
3. IIM, Lucknow
University of Pune
MBA-Master of Business Administration
The Pune University, Pune was established in 1948 under the Poona University Act.