Managerial finance is the branch of finance that concerns itself with the managerial application of finance techniques. Financial management refers to the strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institute. The goal of financial management is to provide management principles to any financial assets of an organization, business, or even personal financial management; this goal also plays an important role in fiscal management corresponding to the input from financial management techniques. Managerial finance can embodied a multitude of various subsections, each with a specific niece into the vast disciplinaries of both managerial accounting and corporate finance.