Financial Studies involves monitoring, creating, and studying the cash, banking, credit, speculation, resources, and liabilities that form the monetary structure.
General Financial Management: A business provides a product or service, sells to customers, collects funds, and starts the process again. Financial management means efficiently managing cash in the process. This means managing inventory turnover of raw materials and finished goods, selling to customers to collect accounts receivable in a timely manner, and purchasing more raw materials to start the process over again.