THOUGHT FOR THE DAY

Management

“Management is nothing more than motivating other people. " - Lee Iacocca

TOPIC OF THE DAY

MBA programs are concerned with financial management

Finance as we know it today grew out of economics and accounting. Economists developed the nation that an asset's value is based on the future cash flows the asset will provide, and accountants provided information regarding the likely size of those cash flows. Finance then grew out of and lies between economics and accounting, so people who work in finance need knowledge of those two fields.

Most business and not-for-profit organizations have an organization chart. Finance as taught in online MBA course is generally divided in to three areas –

1.Financial management,
2. Capital markets,
3. Investments

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