Financial management is broadest of the three areas, and with the most job oppertunities. Financial management is important in all types of business, including banks and other financial institutions, as well as industrial and the retail firms. Financial management is also important in governmental operations, from schools to hospitals to highway departments. The job oppertunities in financial management range from making decisions regarding plant expansions to choosing what types of securities to issue when financing expansion.
Regardless of which area a finance major enters , he or she will need a knowledge of all three areas. For example, a bank lending officer cannot do his or her job well without a good understanding of financial management.
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