Finance is a field which has a close relation to accounting, which involves dealings of assets and liabilities over time under some agreed conditions and uncertainty. The usage of finance is widely used on theories of economics at some level.
Finance can also be considered as the science which describes the management, creation and overview of money, credit, banking and investments.
Finance By Ehsan Nikbakht (published by Barron's Educational Series, 2006)
Finance: Capital Markets, Financial Management, and Investment Management By Frank J. Fabozzi, Pamela Peterson Drake (published by John Wiley & Sons, 2009)
Economy is defined as the strength in financial science; both macro and micro factors have an influential impact on financial decisions. Finance more reflects the side of human behavior than the mathematical equation, but it is interpreted as mathematical number to understand the concepts. It is called more as art than science.
There are two types of financial areas, which are personal finance and corporate finance.
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