Finance is the study of what organizations invest in, how much they invest, where and how they obtain funds to invest, and how capital markets work.
Finance is concerned with value — how management decisions affect the value of the firm to its shareholders and how capital markets direct funds to the most valuable uses.
Specific problems that financial analysts address depend on whether the point of view is that of a corporation, an individual or institutional investor, or public policy.
* 15.411 also satisfies a departmental requirement.
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