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Definition: Financial Management is the process of planning, organizing, controlling, and monitoring the financial resources of an individual, organization, or business to achieve financial goals and objectives. It involves making informed decisions about how to allocate, utilize, and invest funds effectively and efficiently. |
More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Credit Rating, Customer Profitability Analysis, more on financial management... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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