How financial manager considered a risk and return for the firm? • Why the financial manager should maximize their wealth? • How transactions between suppliers and users of funds take place? • How would they prove that there was a transaction so that the demander will be able to repay the supplier on time and at the right amount? What should be the qualities of Financial Managers, to push the organization in the right direction during a challenging times and improve its overall productivity and success? • Do you think using those financial institutions would help the company to grow? • What are the ways should the financial manager consider in decision making?

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Functions of Financial Institutions

Financial institutions are businesses that are formed to deal with financial and monetary transactions. These organizations primarily accept deposits, advance loans, make investments, and provide foreign exchange services. Financial institutions include, but are not limited to, banks, insurance companies, trust companies, brokerage firms, and investment bankers. Because financial institutions play such an important role in the economy in terms of monetary transactions, regulating their activities has become a requirement for governmental authorities. As a result, the government creates a multitude of laws and regulations to oversee the activities of financial institutions.