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Financial Management
Management of funds is a critical aspect of financial management. Management of fundsact as the foremost concern whether it is in abusiness undertaking or in an educationalinstitution. Financial management, which issimply meant dealing with management of money matters.
 
Meaning of FinancialManagement
By Financial Management we mean efficient useof economic resources namely capital funds.Financial management is concerned with themanagerial decisions that result in theacquisition and financing of short term and longterm credits for the firm.
Here it deals with the situations that requireselection of specific assets, or a combination of assets and the selection of specific problem of size and growth of an enterprise.
 
Procurement of funds
As funds can be procured from multiple sourcesso procurement of funds is considered animportant problem of business concerns. Fundsobtained from different sources have differentcharacteristics in terms of potential risk, cost andcontrol.
In the globalised competitive scenario,mobilization of funds plays a very significant role.Funds can be raised either through the domesticmarket or from abroad. Foreign Direct Investment(FDI) as well as Foreign Institutional Investors(FII)are two major sources of raising funds. Themechanism of procurement of funds has to be
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Prashant Rai

gud material................

reply05 / 18 / 2012
01 / 08 / 2010This doucment made it onto the Rising List!
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