A Brief Note On Business Careers By Brenda Vazquez

The financial mangers goal is acquisition, financing, and management of assets. The challenges are investment, financing, and asset management decisions.

Financial Management is an important aspect of how a business operates efficiently. The way that the finances are controlled can determine how successful the company is. The finances of a business allows for the growth of the company. The five practices of financial management: capital structure decision, investment appraisal techniques, dividend policy, working capital management and financial performance assessment are critical when assessing a company. The performance of a company plays a key role on how successful the company is on meeting goals. There are different strategies and tools that a company can implement and if they are used to effectively the company can meet their goals. If a company has good finances, a good

Financial Management: “The process for and the analysis of making financial decisions in the business context.” (Cornett, Adair, & Nofsinger, 2016, p. 5).

Describe the duties of the financial manager in a business firm. Financial managers measure the firm's performance,

The financial manager establishes goals that will help to reach the organizations objectives, then creates steps in which they will use to achieve those goals.

According to Gitman, the goal of the firm, and therefore of all managers and employees, is to maximize the wealth of the owners for whom it is being operated (2009). The financial manager is responsible for acquiring sources of financing and allocate amongst competitive investment alternatives. The ultimate goal is to invest in projects yielding higher returns than amount of financing used to invest, so profits can be used satisfy claims and increase shareholder wealth. The issues facing financial managers are therefore to 1) increase sources of financing from investors and 2) increase shareholder wealth while maintaining a

The assortment of career choices and educational options in the business world cover a wealth of abilities and skills. A logistics expert probably wouldn't fit in a marketing department, nor would a risk manager feel comfortable in sales. When you are looking at business as a whole, it is best to evaluate the opportunities based on what you think your personal strengths are. Here are some examples of how to align your personal attributes with potential business careers.

Hi. My name is Becky Hoffman. My bachelors is in Business Administration but, after years of working in the insurance industry, I have decided on a career change and would like to become an educator. I am currently pursuing my teaching certification and working towards a Master of Arts in Curriculum and Instruction. I would like to teach middle school social studies, more specifically American History or

My ambition is to become an investment manager in an investment bank. In order to reach my objective, I want to acquire the advanced knowledge necessary to manage, structure and monitor investment portfolios. Having a master degree in finance would be a great advantage to me towards my dreamed career. I wish to contribute the knowledge as an expert in the development of Malaysia in the field of finance. For Malaysia to prosper and progress, the financial factor is one of the

I could not agree more with what you said. Like you, I have been taking introductory business courses in the many various fields of the world of business, so I have not been able to truly immerse myself in the field that I am interested in. Aside for allowing me to improve my professional skill set, this opportunity will help me find out if the field I believe I want to spend my career in (Finance) is actually right for me.

Financial management is important to the organization because it provides pertinent finance and accounting information to help managers accomplish the purpose of the organization. Financial accounting provides accounting information to external users. On the other hand, managerial accounting is more for managers (internal users) to use for things like planning, budgeting, etc. The definition of finance has changed over the years, but it’s used to ultimately evaluate previous decisions and make assessments for future decisions of the organization.

It takes a lot of skills to assist in operating a company. Some of these skills are patience, communication, leadership, and much more. If you couldn’t tell my interest is in business. I’ve always wanted to be a leader and form my own path. So I did some research and found a small company that works with multiple different organizations in the business field. I requested to job shadow at Industry One. Industry One is a small company located in Melvindale, Michigan. Industry One does industrial cleaning, local and nationwide. When talking to my shadow host he spoke of one of his employees being in Washington D.C. at the time. My host’s name was Karl Smith, Division Manager of Industry One.

This is the first pace in financial. It is the duty of financial manager to primarily recognize the goals of the company. The subsequently responsibility is to decide on the suitable steps that have to be applied achieve the goals of the company (Baker and Baker, 2007, p. 6).

Financial statements are a very useful tool for individuals interested in the organization. Investors use the information to determine if it a wise decision to put their money into the organization. Investors need to determine if the organization has been successful and profitable and will continue to be successful and profitable. Creditors use the financial statements to determine the amount of credit that should be advanced to the organization. Employees generally do not look at the financial statements, but if a new executive was thinking of joining the organization, he or she may want to see the potential of the organization to make sure the investors are becoming a part of a successful organization. Management uses the financial statements on a monthly basis to determine which areas of the organization are profitable and which areas of the organization that needs to be discontinued or restructure to become more profitable.

Financial Management is a critical aspect of any business in order to achieve a sustainable and efficient cash flow. It is essential in maintaining the link between a business’s future financial goals (profit maximization) and the resources that it has in order to achieve its objectives. Businesses demand certain common goals that increase a bussiness's all around achievement, Some of which involve; growth amongst assests, An increase in efficiency in all areas of the business whether it be management or not. And the ability to meet short term and long term debts. Finacial management undertakes the responsibility to implement and acheive these goals for the business using a range of strategies shaped to meet the needs of the business and