Showing posts from August, 2017

Finance Functions

Finance Functions The finance functions can be divided into three broad categories: (1) Investment decision, (2) Financing decision, (3) Dividend decision. In other words, the firm decides how much to invest in short-term and long-term assets and how to raise the required funds.
Shareholders’ Wealth Maximisation (SWM):  In making financial decisions, the financial manager should try to increase the value of the stake of the shareholder in the firm. This is referred to as the principle of Shareholders’ Wealth Maximisation (SWM).
Wealth:  Wealth is precisely defined as net present value and it accounts for time value of money and risk.
Agency Problem and Agency Costs: Shareholders and managers have the principal-agent relationship. In practice, there may arise conflict between the interests of shareholders and managers. This is referred to the agency problem and the associated costs are called agency costs. if any agency offer ownership rights  to the manager in the form of stock options, …

List of top MBA Schools in USA for the year 2017-2018 with tution fees

Sl. No. Name of the Management College City / State Test  Required  For admission Tuition Fees per year in $ (approx) 1 Harvard University Boston, MA GMAT, GRE, IELTS, TOEFL, PTE $63,675 2 University of Pennsylvania (Wharton) Philadelphia, PA GMAT, GRE, TOEFL, PTE $67,516