Nowy Sącz, Poland

Financial Management
(field of studies: Management)

Master's
Table of contents
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⇑Financial Management at WSB-NLU

Field of studies: Management
Language: EnglishStudies in English
Subject area: economy and administration
Kind of studies: full-time studies
  • Description:

  • pl
University website: www.wsb-nlu.edu.pl/en

⇑Test: Is Financial Management the right fit for you?

finance-managers-discussing-a-budget-in-a-meeting-room

10 questions · two minutes

1. Your company is considering building a new production plant. How should it decide?

2. The company needs funds to grow. How would you choose between debt and equity?

3. Your company is profitable but keeps running short of cash. What do you do?

4. How do you feel about leading a finance team and presenting the annual budget to the board?

5. Your firm plans to acquire a competitor. Which part would you like to work on?

6. The company earns much of its revenue in foreign currencies. How do you handle exchange-rate swings?

7. The programme is taught in English, in a group of graduates from many countries. How do you feel about that?

8. Investors increasingly ask about sustainability risks. How do you treat them in financial decisions?

9. Which future role sounds most like you?

10. What motivates you most to pursue a Master’s degree in Financial Management?

⇑Definitions and quotes

Financial Management
Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field.
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Management
In the long-run the workman may be as necessary to his master as his master is to him, but the necessity is not so immediate.
Adam Smith (1776) The Wealth of Nations Chapter VIII, p. 80
Management
In the past the man has been first; in the future the system must be first. This in no sense, however, implies that great men are not needed. On the contrary, the first object of any good system must be that of developing first-class men.
Frederick Winslow Taylor (1911) Principles of Scientific Management. p. 2
Management
Mission is at the heart of what you do as a team. Goals are merely steps to its achievement. Mission has an eternal quality. Goals are time bound and once achieved, are replaced by others.
Patrick Dixon (2005) Building a Better Business - the key to management, marketing and motivation. p. 66

Contact:

ul. Grunwaldzka 17
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tel. +48 18 44 99 100
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