MBA Financial Systems and Analytics

Financial analytics is a concept that provides different views on the business financial data. It helps give in-depth knowledge and take strategic actions against them to improve your business overall performance. Financial analytics is a subset of BI & EPM and has an impact on every aspect of your business. It plays a crucial role in calculating your business profit. It helps you answer every business question related to your business while letting your forecast the future of your business. A financial system is a set of institutions, such as banks, insurance companies, and stock exchanges, that permit the exchange of funds. Financial systems exist on firm, regional, and global levels. Borrowers, lenders, and investors exchange current funds to finance projects, either for consumption or productive investments, and to pursue a return on their financial assets. The financial system also includes sets of rules and practices that borrowers and lenders use to decide which projects get financed, who finances projects, and terms of financial deals.