Finance is the study and management of money, investments, and other financial instruments. It encompasses a range of activities, including the acquisition, allocation, and utilization of funds. Finance can be broadly divided into three main categories:
Personal Finance:
Personal finance involves managing individual or household financial activities, including budgeting, saving, investing, and planning for future financial goals.
Corporate Finance:
Corporate finance involves managing a company’s financial activities, including investment decisions, capital structure, funding, and maximizing shareholder value.
Public Finance:
Public finance refers to the management of government revenues, expenditures, and debt to influence the economy and achieve policy objectives.
