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The effective executive of the new century understands the
importance of financial decisions in nearly every aspect of the
organization. Using the corporation’s goals, capital requirements, and
historical accounting information, the financial manager must be able to
forecast the firm’s future needs for funds and prepare plans for
securing these funds at the optimum cost. The successful financial
manager combines an understanding of rapid changes in the money and
capital markets with the knowledge of the corporation’s financial
needs. The finance specialization prepares professionals in major
corporations, financial institutions, and governmental agencies.
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