Financial Management is a field that focuses on managing money and financial resources in organizations to ensure the achievement of their financial and strategic goals. This major aims to provide students with the knowledge and skills necessary to analyze and make informed financial decisions, manage financial risks, and develop financing and investment strategies. Here’s a comprehensive look at the main aspects of the financial management major:

Basics of financial management:

• Understand the basic concepts of financial management and its importance in achieving the financial goals of institutions.
• Study financial principles such as the time value of money, compound interest, and evaluating investments.

Financial analysis:

• Learn how to analyze financial data using financial ratios and financial indicators.
• Understand how to use financial analysis to evaluate financial performance and make financial decisions.

Working capital management:

• Study how to manage current assets and current liabilities to ensure the availability of cash liquidity.
• Develop strategies to improve the efficiency of working capital management.

Planning and budget preparation:

• Develop financial budgeting and financial planning skills.
• Use financial forecasting techniques to estimate future revenues and expenses.

Investment Management:

• Understand how to evaluate and analyze different investment opportunities.
• Apply investment portfolio management techniques to identify and diversify investments to achieve sustainable financial returns.

Institutional financing:

• Study of corporate financing strategies including the issuance of stocks and bonds and long-term financing.
• Understand how to determine the optimal capital structure to balance debt and equity.

Financial risk management:

• Analyzing and evaluating the financial risks facing institutions.
• Develop strategies to manage financial risks using tools such as financial derivatives and insurance.

International Finance:

• Studying global financial markets and how to deal with international investments.
• Understand the impact of exchange rate fluctuations and global economic policies on financial decisions.

Tax administration:

• Understand how to manage enterprise tax liabilities and achieve tax efficiency.
• Enforce tax laws and regulations to ensure compliance and reduce the tax burden.

Mergers and Acquisitions:

• Studying merger and acquisition strategies and how to evaluate and benefit from opportunities.
• Understand the financial and legal aspects of mergers and acquisitions.

Personal financial planning:

• Developing personal financial planning skills for individuals and families.
• Understand how to manage savings, investments and plan for retirement.

Financial Technology (Fintech):

• Study the impact of technology on financial services and its applications in financial management.
• Use financial technology tools to improve financial processes and analyze data.

Ethics and social responsibility in finance:

• Understand ethical issues related to financial management and sustainable financial decision making.
• Develop strategies to enhance the social responsibility of financial institutions.

Financial data analysis:

• Use data analysis tools to understand and analyze financial trends.
• Apply graphical analysis techniques to make informed financial decisions.

Practical training and applied projects:

• Obtain practical experience through training in financial institutions and companies.
• Apply theoretical knowledge in real business environments to develop practical and effective solutions.

The Financial Management major provides broad job opportunities in multiple fields such as banks, investment companies, insurance companies, multinational companies, and government institutions. This major contributes to providing students with the necessary skills to manage money efficiently and achieve financial success in a dynamic and changing business environment.