Chapter 1.1, Problem 1.1ACQ

What are the major areas in finance?

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.