Significance of Financial Management

IBSAR

As we probably are aware that finance is the backbone of each business and its management obliges with special consideration. Financial Management is concerned with the arranging, obtaining and controlling of the finance and the financial resources of an organization.

In the current economical situation, financial management can be characterized as the procurement of finance at the time when it is needed by the organization to fulfill the requirement of financial business operations. This modern financial management also lays emphasis on proficient allotment and productive utilization of money by giving adequate attention for the management of capital.

Here some of the advantages of financial management:

  • Financial Management ensures the continuous supply of required capital to the firm and also makes certain that these funds are properly utilized. The team of finance department firstly estimates the upcoming requirements of capital for both short term and long term. Once the budget is finalized for every department of the company, then the requirement of the finance is being fulfilled for each and every department. Financial management deals in all these departments and overall requirement of the organization.

  • Financial management is responsible for making arrangement of funds or is responsible for raising funds from different sources available in the market like financial institution, public deposits, banks, shareholder funds etc. While doing this it is also responsible to analyze various factors related to raising funds like dilution of ownership, rate of interest to be charged, conditions to be fulfilled etc.

  • The growth and development of an organization depends of its financial wealth. Financial Management maintains the balance between the liquidity and profitability of capital as well as safety of the same as well.

There are lots of skills required to understand and coordinate the activities of financial sector with other departments. A professional degree of MBA in Finance from Institute of Business Studies and Research will prepare you to be an innovative leader in this sector.

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Executive MBA for Working Executives

IBSAR-EMBA

Often professional find it difficult to pursue Post Graduation Degree while working, due to which their aspiration for a career growth has to be compromised.

IBSAR provides Executive MBA for working executives, thus making it easy for them to pursue a career in MBA while working. Its main advantage is that it provides 1 year Executive MBA as opposed to most other colleges which provide the same course with duration of 2 years.

The eligibility for Executive MBA course is Graduation + min. 2 years of Work Experience.The one year MBA (Professional) Program has been designed for effective handling of the challenges by Managers posed by globalization. This Program would be useful for Managers at senior levels as well as for the ExecutivesEntrepreneurs who are managing their small family business.
The Program will be highly beneficial for those people who have three years plus work experience in order to acquire fast track MBA recognized by various Educational bodies. This would save them with one year but at the same time they can acquire a well recognized professional qualification while continuing with their jobs at a comparatively lesser cost.

More details regarding the schedule of E-MBA at IBSAR:

  • Admission Batches: The Admission Batches for Executive MBA are Jan 2011/July 2011 Batch.
  • Degree: The Executive MBA Degree is recognized by UGC/MHRD Govt: of India and Accredited by NAAC.
  • Duration of the Course: The duration for the Executive MBA course is of one year.
  • Classes Schedule: Classes for Executive MBA course will be held only on Sundays.
  • Eligibility: The eligibility for doing Executive MBA is to have Graduation Course in any stream along with two years of work experience.