Areas of Finance
Classified into two:
1. Private
– is the management of financial
resources of private individuals,
non governmental organization,
and private organizations in
accordance with the prescribed
financial policy and priority of
the person or business
organizations.
2. Public
– is the allocation of government
income generated from either
taxation or borrowings and the
government expenditure based on
the approved national and local
appropriation or budgets.
 Private Finance

Subdivided into two:

1. Personal Finance
– is the management of personal
resources of an individual
2. Business Finance
Is an area of finance that focuses
on handling and management of
financial resources of business
organizations.
 Business Finance
Subdivided into three areas:

1. Financial 3. Financial
2. Capital Market
Management Investment
- focuses on capital Is an area of business finance Includes business decisions
budgeting decisions or that studies the different about the value of price and
investment decisions on the financial institutions and their stocks and bonds, portfolio
acquisition of assets and its functions that provide analysis, market analysis,
corresponding schemes.* assistance to both private and security analysis and
public borrowers of funds.* behavior of the investors.*