BA7202 Financial Management

This article provides an overview of the course BA7202 Financial Management, which is offered by the Department of Management Sciences at SCE. The course covers the fundamentals of financial management, including topics such as capital budgeting, financial analysis, and risk management.

Questions

• What is the meaning of financial management in BBA?
• What are the roles of financial management in BBA?
• What are the key concepts in financial management?
• What are the challenges of financial management?

Answers

• Financial management is the activity concerned with planning, raising, controlling and administering of funds used in the business.
• The roles of financial management in BBA include:
  • Planning and budgeting
  • Raising capital
  • Managing cash flows
  • Investing funds
  • Controlling costs
• The key concepts in financial management include:
  • Time value of money
  • Risk and return
  • Capital budgeting
  • Financial analysis
  • Risk management
• The challenges of financial management include:
  • Managing risk
  • Raising capital
  • Investing funds
  • Controlling costs