Understanding the Finance

Finance is the study of money and how assets are managed and created. This includes aspects of investing, borrowing, lending and saving as well as budgeting. Basically finance can be classified in to three types.

1. Personal Finance: Planning or managing the money of an individual, family and also budgeting for savings saving investing retirement planning etc.

2. Corporate Finance The course is designed to enhance the student 's ability and skill level in understanding how businesses are managed utilizing financial data with a strong emphasis on creating value for shareholders over long-term as well as short term time horizon at all stages of business development, from startup ventures through mature operating companies.

3. Public Finance: Management of governments' and public entities collected by the government.

The most important work that any economy performs is the task of marketing, i.e., getting products and services to people who need or want them.

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