If we talk about the financial management, then it refers to the efficient and effective management of money (funds) in a way to accomplish the objectives of the organisation. It is the most specialised function which directly connected with the top management.
NDIM gives you the vision to see the various objectives regarding PGDM finance. However, NDIM offers the best course of PGDM in finance.
Talking about the objectives of the financial management than it is concerned with procurement, allocation and control of financial resources of a concern. The objectives can be-
Financial management can ensure regular and adequate supply of funds to the concern departments.
It also provides adequate returns to the shareholders which depend upon the earning capacity, the market price of the share and expectations of the shareholders.
It helps optimum funds utilisation. Once the funds are obtained than it has become important that it should be utilised in maximum possible way at least cost.
To safeguard investment, funds should be invested in profitable ventures so that fair rate of return can be achieved.
It helps in planning a sound capital structure- To maintain the balance between debt and equity capital, there should be sound and fair composition.
NDIM is considered and famous among the best PGDM colleges of Northern India. It is the best opportunities for the students who want to pursue their career in Financial Management or marketing courses. Get yourself enrol in the best PGDM in finance college for bright future. Pursuing PGDM in finance management is equally important and have relevance as like as MBA in Marketing Management.
There are various factors and objectives which create the need and emergence of financial planners. It has also observed that nowadays for many business holders taking the right decision regarding financial management and investment gets more challenging and complicated.
Specially in India, Business owners are getting more curious to manage their finance efficiently to get the right amount of Return on Investment which results in an increase in demand for the Financial planners.
The need for these planners also encourages various factors which include an increase in company’s growth and generating employment opportunities. Even today progressive corporates have started to consider the sound knowledge of financial management among their employees as an add-on skill-set. In today’s time families / group of individuals also require and hence seek for financial planning to prepare for their future financial goals.