fin 101 - what is finance?

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ClassroomWelcome to

FIN101

INTRO

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What is finance?

The art and science of managing money

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‘Managing money’

Managing money can be of various types- Collecting money

- Properly utilizing the collected money

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Collecting money

Collecting money- For business - For projects

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Collecting money

Collecting money by

Loan (Bank, relatives etc.)

Equity (Your own money) ClassRoom

Utilizing money

- How to invest- Where to invest

- How much to invest

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Point of finance

ACHIEVING ORGANIZATIONAL GOAL

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Organizational goal

Goal can be - Wealth Maximization- Profit Maximization

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Proper goal

Wealth MaximizationProfit Maximization

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Summary

Finance is acquiring funds and utilizing the funds properly in order to

achieve the organizational goal of maximizing shareholder wealth

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