The Principles of Financial Management
Financial management is a key tool in controlling and directing the resources of any business organization. Managers–not only financial professionals but also managers whose responsibilities are largely non-financial–can use this tool to generate and analyze the financial information that is essential to decision making in business. Understanding the principles of financial management helps all managers, from line supervisors to senior executives, to use this tool more effectively to support the organization’s goals. This course introduces non-financial managers to the principles of financial management. It explores the basic concepts of risk and return and the time value of money.
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