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Finance: Finance is one of the most popular and increasingly researched subjects of recent times. Finance is basically, the application of various concepts, theories and principles to the businesses, in order to maximize the value or wealth. The ultimate aim of any business is maximization of wealth. In its continuous pursuit, the study of finance renders useful information and helps in decision making. Finance has always been viewed as a bastion of financial manager or stock broker. But not any longer, now the knowledge of finance extends beyond auditors, controllers and financial planners.

With the widening scope of financial markets, there has been surge in the demand of the study of this subject. Today, the concept of financial management has spread its wings to various fields and now, it is widely studied. Finance subject tries to bring out an analytical approach towards financial decision making in businesses. It attempts to study various financial concepts with the help of various financial theories.

The implications of various financial theories are studied in the context of the emerging financial markets and recent developments. The various theories, assumptions, concepts and mechanics relating to investment, valuation, dividend decision making, financing, working capital management and other similar topics are researched and studied. It seeks to bring the various concepts and theory into real life practices. The subject also analyses various instruments and sources of investment, finances both long term and short term, mergers and acquisitions, international financial management etc.

Today, the subject has become so relevant that it is no longer confined to the boundaries of understanding of finance manager. It has become larger in scope with the increasing importance being given to the financial markets and related concepts. The financial management covers the basics of financial markets systems, time value of money, valuation of securities and risk and returns.

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