Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
9th Edition
ISBN: 9781259277214
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 1.1, Problem 1.1ACQ

What are the major areas in finance?

Expert Solution & Answer
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Summary Introduction

To critically think about: The major areas of finance.

Introduction:

The field that specifically deals with the distribution of the company’s liabilities and assets according to the necessity of the firm and capital structure is finance.

Explanation of Solution

The major areas in finance:

  • Investments
  • Corporate finance
  • International finance
  • Financial institution
Conclusion

The corporate finance is one of the major area of finance and it is the most significant area that involves the decision making process. The financial institution deals with the financial matters like insurance companies and banks. The investments are broadly classified into security analysis and portfolio management. The international finance deals with the overseas operations.

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