Financial Management

Anybody related to the field of finance and accounting can tell that Financial Management is fast becoming very popular in the sphere of Business and Finance.

Financial Management can be best defined as “Managerial activity which deals with controlling, planning, directing, organizing financial activities like accumulation and utilization of funds for the organization.”

Financial management though now is an individual branch of knowledge but was part of economics till 1890; financial management does not have its own set of theories and still relies on concepts derived from economics.

According to J.L Massie,” financial management is the operational activity of a business that is responsible for obtaining and effectively utilizing the funds necessary for efficient operation.

Estimation of capital requirements, capital composition determination, procurement of funds, proper utilization of funds, balancing risk and profitability, cost management are the main functions of financial management.

Financial Management is based on certain objectives which can be stated as regular and adequate supply of funds, adequate returns to shareholders, optimum fund utilization, safe investments and solid capital structure.

Brainmeasures Financial Management Certification Program

Brainmeasures is (an ISO 9001-2008 certified) leading online certification and skill testing company, Brainmeasures reference financial management course has been developed by experienced professionals who have years of experience in this filed, this financial management certification program includes a 240 page financial management course material, financial management exam.

Financial management certification exam is a multiple choice question and answer exam strictly based on provided financial management course.

Awareness of benefits of financial management in business world has lead to huge demand for certified financial managers, getting financial management certification from Brainmeasures will help you get a job as a financial manger in reputed companies, as Brainmeasures certifications are accepted and honored by employees worldwide.

Brainmeasures financial management certification has been so developed that anybody interested in knowing this discipline can enroll for our certification program as no prior knowledge of finance, accounting and statistics is required. This course will help you understand and implement financial management.

HIGLIGHTS OF THIS CERTIFICATION COURSE PROGRAM

• Developed by experienced professionals under strict ISO guidelines.
• Excellent study guide for training in financial management.
• Clear and concise text on financial management.
• All techniques and concepts have been explained with examples.
• New developments in field of finance have been covered such as real options and the Sarbanes-Oxley Act.
• While developing this course subjects such as managerial fiancé, corporate finance and business finance were given due consideration.

If you plan to be a Financial Manager than this is the must have certification program for you!

Beneficiaries of this certification course

This certification course has been so developed that it is beneficial for anybody who is interested in financial management as it requires no prior knowledge of finance, statistics and accounting.

This course will teach you very basic of financial management and then maneuver you to more advanced topics thus helping you master this field and prepare you to take a job as financial manager.

This course will form an excellent supplementary study material for graduate business students and MBA students plus it will benefit company owners, accountants, CEO’s and senior managers.

JOB ASPETCS – Certified Financial Managers

Awareness of benefits of Financial Management in business world has grown the demand for qualified and certified financial managers, every business house small or big is hiring financial managers to handle their financial matters with deftness, so there is no doubt that this is the best time to enter this industry, but unprepared entry can lead you to exit door before you know so better be prepared than sorry.

Brainmeasures Financial Management Certification is the best available certification in this field, get certified and take up job of your choice.

Certified Financial Managers can work as :

• Financial Manager
• Financial Planning and Analysis Manager
• Finance Director
• Invoicing and Payroll Manager
• Credit Control Team Leader
• Financial Controller
• Branch Financial Controller
• Team Manager
• Sales Ledger Controller
• Senior Accountant
• Account Supervisor

These are just few job openings for qualified and certified financial managers and it surely is a promising career choice.

Expected Salary Range

Certified professionals are paid almost double than their counterparts as they are considered more qualified and better trained to handle the job.

According to Bureau of Labor Statistics, median annual wage of financial mangers was $103,910 in May 2010 and it is expected to grow by 30% by 2012.

Reputed companies pay thousands of dollars monthly salary to their financial managers such as Microsoft pays $ 95,000 monthly salary to each of its financial manager, American express pays $90,000, Wachovia pays $55, 0000, and CISCO pays $1, 13,000 as a monthly salary to each of its senior financial mangers.

Theses stats show what a bright future this field holds, so don’t think twice grab your chance GET CERTIDIED NOW!