Finance grew out of economics and accounting, and it is generally divided into three areas. also called corporate finance, focuses on decisions about acquiring assets, raising capital, and running the firm so as to maximize its value. relate to the markets where interest rates and stock and bond prices are determined. involve decisions concerning stocks and bonds and include security analysis, portfolio theory, and market analysis. these areas are closely interconnected.

Financial Management

Explanation:

Financial management : here decisions relating to capital structure, capital investment and  dividend policy are made.

Capital structure : this refers to mixed of capital i.e debt and equity  that will result in lowest weighted average cost of capital.

Capital investment : this refers to  identifying ,appraising and investing in best alternative viable investment that will maximize shareholders wealth.

Dividend policy : this has to do with  formulating a dividend policy that is acceptable to stockholders based on their preference either for higher dividend pay-out or higher retention rate that can be re-invested in business to generate.