Advanced Financial Management

One of the essential requirements for starting any business is financing. Furthermore, during a company’s existence and even after it is sold or wound up, a sufficient corpus of funds and effective financial management are needed. Therefore, at every stage of the business lifecycle, finances must be managed, regulated in accordance with regulations, and monitored. Businesses with stronger financial management experience exponential growth, whereas those with poorer financial management typically suffer losses or produce lesser earnings. Specialized advanced finance management courses can be taken to further broaden one’s expertise and increase employment chances in the financial industry. Advanced financial management enables a company to efficiently use its resources, achieve financial stability, and experience growth.

For academic research as well as for professional financial managers, financial management has become a fascinating and engaging field. All decisions made by a person or a corporation that have financial repercussions fall under the category of financial management. The financial ramifications of choices are assessed in maximizing the firm’s value whether the business is organized as a corporation, where ownership and management are segregated, or in another way. As a result, the decision-making process is focused on the goal of maximizing shareholder wealth as shown by the share’s market price. It also applies theoretical ideas to the problems that financial managers deal with on a daily basis. Although the theory and principles of financial management make up the bulk of this book, every attempt has been taken to investigate and clarify each concept using examples from real-world situations. Instead of only giving theoretical ideas, the intention was to impart a thorough understanding of the financial decision-making process.

The current book makes an effort to address how a company entity makes financial decisions. It also focuses on several dimensions and trends in Financial Management, serves the course material requirement of the students of Commerce and Management. This comprehensive work, applaud for the cogent and compact treatment of the subject, is also very useful to under graduation, post graduation, ICMA, CWA, CS, Professionals, Industrialists and entrepreneurs to gain knowledge and skills in corporate finance and the links with other topics in financial management such as Overview of Finance, Introduction to Financial Management, Long term sources of Finances, Portfolio management, Project finance and also concentrates on Security analysis. It also helps to understand how financial markets work, different perspectives on finance management like investors, managers and intermediaries, able to solve corporate issue and understand the causes and effects of the credit crisis, and the latest developments in the financial markets. We are proud to present this compilation of chapters on comprehending theoretical framework. The finest analysts are those that are constantly striving to improve, looking for novel ways to solve issues, and researching endlessly for resources that could give them access to reliable, pertinent information since it is rife with illustrations, models, innovative concepts, and practical answers.