F.M.

For Emerging Managers From

MNC'S Pov.
• Financial Management means planning, organizing,
directing and controlling the financial activities such as
procurement and utilization of funds of the enterprise.
• It means applying general management principles to
financial resources of the enterprise.
The Importance of Finance
• Finance involves the evaluation, disclosure, and
management of economic activity and is crucial to the
successful operation of firms and markets.
• Sound financial management creates value and
organizational ability through the allocation of scarce
resources.
 The Role of Financial Managers
• Financial managers ensure the financial health of an organization
through investment activities and long-term financing strategies.
• Financial managers perform data analysis and advise senior
managers on profit-maximizing ideas. They produce financial
reports, direct investment activities, and develop strategies and
plans for the long-term financial goals of their organization.
• Financial managers typically:
 Cont.
• Prepare financial statements, business activity reports, and
forecasts,
• Monitor financial details to ensure that legal requirements are met,
• Supervise employees who do financial reporting and budgeting,
• Review company financial reports and seek ways to reduce costs,
• Analyze market trends to find opportunities for expansion or for
acquiring other companies,
• Help management make financial decisions.
 Emerging Manager
• The definition of an emerging manager is by assets under
management, but investors will also often consider the length of
the desired strategy’s track record, ownership structure, and
ethnicity of the key professionals with ownership in the firm.