Book Yoda. Business & Investing.

1.4 FINANCIAL MANAGEMENT
1.The primary purpose of the firm is to pay dividend for the share holders. Therefore, irrespective of the firm’s need and desires of share holders, a firm should follow a policy of very high dividend payout – Comment.

Very high dividend payout is suicide unless the company is way too profitable. Profits can be reinvested to generate higher return in the future, instead of paying them out as dividend.

Warren Buffett favors reinvestment of profits to enhance further growth in shareholder value. So it's not necessary to pay dividend. Paying dividend slightly above the fixed rate is only for attracting investors. No company is stupid enough to pay very high dividend unless this company is very highly profitable or just simply trying to cheat the public.

Ask yourself, if your company has $1 million, why should you pay $800 k of it as dividend, instead of reinvesting it back to generate, say, $1.2 million in the future, an extra $200 k?

2008-04-01 03:10:34 by shakir ali k

Financial Management

I'd like to know the career options of having an advanced diploma in Financial Management and Accounting?

There is always value in diplomas or certificates, but it depends on the level, college? graduate? post graduate?

You may wish to check out a company called LTS, they offer very valuable advice for someone like yourself. They are located at www.learntosucceed.biz. GOOD LUCK

2008-06-09 06:14:26 by rrs_fan

I am looking for graduate schools in the US that offer degrees in financial management or financial engineering. I have found some but cannot find a list that is comprehensive or ranks them. Are there rankings for graduate financial management programs? or are some of them just known to be the best? please help me anyway you can thanks

Yes, there are few lists. The most popular is " U.S.News & World Report". You can see it online.
If you want to work in Finance for ingeneering companies, the best would be MIT following with UC Berkeley.
The best graduate programs are:
Harward, Stanford, Warton, MIT, Kellogg, Chicago, Dartmouth, Berkeley, Columbia, NYU.
Specifically for Finance: Warton, Chicago, NYU.

2007-10-18 14:11:23 by booshface

It is the general Financial management used in business.

The four basic activities, or functions, are :

Planning

Planning is the ongoing process of developing the business' mission and objectives and determining how they will be accomplished. Planning includes both the broadest view of the organization (its mission), and the narrowest (a specific tactic for achieving a specific objective).

In many ways, planning is the hardest function of management. It requires constant attention, as conditions surrounding the business, the economy and the world at large will change. It requires input from multiple people, from leaders of the organization to individual workers, on both the administrative and artistic sides of the aisle. Most arts organizations are continually updating a variety of plans which serve the organization, including long-range and strategic plans, program plans, marketing plans and budgets.

Organizing

Organizing is the process of converting plans into action. Organizing can include creating a list of duties, developing deadlines and timetables for work, assigning tasks, determining and assembling the necessary resources and carrying out the plan. It is the organizing function that most people think about when they think of management. The organizing function is also where the process of supervising others and assigning authority occurs.

In an arts organization, the organizing function might include such activities as hiring staff, recruiting volunteers, marketing, soliciting contributions, writing grants, and facilitating events.

Leading

Leading is the act of directing the behavior of all personnel to accomplish the organization's mission and goals. In order for the goals to be achieved, a shared vision and a clear understanding of everyone's role in the process must be developed. The leading function allows the person or persons in charge of the organization's mission or individual goals and objectives to inspire all personnel involved in the task to work together for the best result. We will talk more about leadership later in this module.

Controlling

Controlling is an aspect of management that is frequently underestimated. Like planning, it is a continual process; like organizing, it involves translation (although this time, from actions into evaluations) and like leading, it involves diplomacy. Controlling is the function of monitoring work to check progress against goals, and taking corrective action when required.

Controlling may include such activities as providing updated financial reports to the Board of Directors, studying attendance figures from the last season, evaluating employees and volunteers, or distributing a satisfaction survey following a program.

2007-11-09 21:28:12 by Wendz

I have been called by Financial Management Consultants. They told me they could give me a loan but I would have to buy insurance in the amount of $760.00. I would get this back after I had made 3 months of payments. The Private Lender is asking for this amount of insurance. The reason being because I am such a high risk. Has anyone heard of these people? I saw on the computer a rating for some financial people but unable to find it now. Could someone please help me locate some information on these people? They are on the east coast because of the time difference between me and them.

Sounds like a scam to me!

2006-10-23 14:28:06 by cckrll59