In this 1:1 live session, the expert has shared the knowledge on basics of financial management. The user is pursuing PGDM as a postgraduate course from an AICTE approved institute. In a very simplistic manner, the expert has explained the meaning of financial management, i.e. management of the money. In class 12th, we all must have learned the meaning of management which is the process of planning, organizing, staffing, directing and controlling. Finance is considered the lifeline of every business as without finance and proper financial management no one can actually run a business. There are different fields within finance like accounting, risk management, personal finance etc. The expert has also shared the key issues of finance management in a subtle way. Financial management includes 3 things – corporate finance, capital market & investments. There are some goals of financial management like profit maximization, maximizing earning per share (means increasing the share value of the investor) and shareholder’s wealth maximization. In this session, you will also learn about the pillars of finance, i.e. risk & return. The relationship between risk and return is positive. If risk is low, return will be low & vice versa. This session is full of financial education and great revision for all MBAs, PDGM and MCom. students. The expert has also shared the finance decisions of the firm as well which are critical for any company. Financial decision making involves procurements of funds & their optimal utilization. The financing decision involves –
- Investment decision (utilization of funds)
- Financing decision (procurement of funds)
iii. Dividend decision (distribution of funds)
- Working capital decision
GrabGuidance has different experts, some of them are PhDs along with many from premier institutes like IIMs and IITs etc. GrabGuidance is an Uber of Education sector where we are pioneers in providing on demand quick sessions anytime and from anywhere for resolving doubts and queries of students. Our students of 9th class math subjects have shown good performance in the recent past. We focus on both career and academic guidance for students from 8th class to 12th class on all subjects. There are also special online classes for MBA students. We can also connect MBA and PGDM students with a right tutor.
