Finance refers to the management of money and encomes a wide range of activities, including banking, investing, borrowing, budgeting, and forecasting. It involves handling various financial resources to achieve goals such as wealth accumulation, risk management, and financial stability. Finance can be categorized into three main types: personal finance (managing individual financial matters), corporate finance (dealing with financial decisions within businesses), and public or government finance (managing government funds). Financial planning involves creating strategies to achieve financial goals through budgeting, saving, investing, and managing debt. Individuals and businesses can benefit from understanding finance to make informed decisions about money matters. Skills required in the finance field include financial analysis, risk assessment, budgeting, investment management, and financial planning. Finance majors typically learn about economic, social, and entrepreneurial metho
