Field of Finance: An Overview
                                       E c o n o m i c s             A c c o u n t i n g
                                                        F i n a n c e
                            F i n a n c i a l           F i n a n c i a l       I n v e s t m e n t s
                         M a n a g e m e n t            M a r k e ts
  Financial Management (Insiders)
  Investment Decisions - Assets
    Using Funds
   Financing Decisions - Debt and Equity
    Acquiring Funds
   MGMT 133, MGMT 134, MGMT 174
   MGMT 133 is oriented towards all 
   business majors (not just finance 
   majors)
  Investments (Outsiders)
               Security Analysis
                Portfolio 
                Management
                MGMT 135
                MGMT 136
  Financial Markets
   Money and Capital Markets
    Primary and Secondary Markets
    Financial Institutions: Banks, Insurance 
    Companies, Credit Unions, Mutual Funds, Etc..
    Federal Reserve: Interest Rates, Regulation
    MGMT 137, ECON 135
  Goal of the Firm
   Wealth Maximization
    Maximize the wealth of the firm’s 
    existing common stockholders
   Wealth Defined
    Market Value of the firm’s common 
    stock
    (Price per share)(number of shares)