Chojnice, Poland

Financial Management
(Economics)

Zarządzanie finansami

Bachelor's
Table of contents
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Financial Management at SANS Chojnice

Field of studies: Economics
Language: PolishStudies in Polish
Subject area: economy and administration
Kind of studies: full-time studies, part-time studies
University website: sopocka.edu.pl

Test: Is Financial Management the right fit for you?

Financial Management test

Answer all questions and check if Financial Management is the right field of study for you!

1. Do you enjoy working with numbers and analysing data?

2. How interested are you in understanding how companies manage their finances?

3. When faced with financial decisions, how confident are you in evaluating options?

4. Do you like solving problems that involve strategy and planning for the future?

5. How motivated are you to learn about investments, banking, and financial markets?

6. How do you approach working under pressure, such as deadlines or financial challenges?

7. How appealing do you find the idea of working with budgets and financial reports?

8. Do you see yourself working in roles that involve advising others on money matters?

9. How much do you value accuracy and attention to detail in your work?

10. What attracts you most to the field of 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
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
Management
Management is defined here as the accomplishment of desired objectives by establishing an environment favorable to performance by people operating in organized groups. Each of the managerial functions (planning, organizing, staffing, , directing, and controlling) is analyzed and described in a systematic way. As this is done, both the distilled experience of practicing managers and the findings of scholars are presented. This is approached in such a way that the reader may grasp the relationships between each of the functions, obtain a clear view of the major principles underlying them.
Harold Koontz and Cyril O'Donnell. Principles of Management; An Analysis of Managerial Functions. 1968, p. 1
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