Corporate finance management is a branch of finance that refers to the management of financial resources of a company. The main objective of corporate financing is to maximize the company value by making proper allocation of financial resources, along with taking care of the financial risks. Finance management focuses on analyzing the financial problems and devising the universal solutions, which are applicable to all kind of companies.There are various topics, which are covered under the study of corporate finance such as working capital management, inventory management, debtor’s management, dividend policy, short term and long term financing and financial risk management. Each of the above mentioned subjects make use of different financial tools in deciding the allocation and management of resources among most competing opportunities. It is one of the highly discussed topics due to its own importance in growing economy of any country.Finance management is an absolute necessity for all types of business organizations. Earlier it used to be the part of overall finance management of a firm. But, over the last one decade, it has emerges as a separate discipline altogether. Today, in both large and medium sizes corporations, there is a dedicated department involved in taking care of the corporate finance management of the company.Professionals involved in this profession have the responsibility to maximize the company’s profit, shareholder’s wealth, capital budgeting and identifying the areas of financial resource allocation. Since, the areas involved in the discipline are critical and thus require special set of skills in the professionals for efficient handling of the job responsibility. One of the best ways to get into organizational financing is get enrolled into finance management courses, offered by various finance institutes across the country.Courses in finance help the students to plan and act to resolve the whole conundrum of finance. The course curriculum of the finance courses includes a detailed study of different subjects like micro and macro economics, accountancy, personal and corporate finance, merchant banking, investment banking, financial markets and derivatives, the venture capital, mergers and acquisitions and many others. The detailed study of these subjects gives an overview to the students about the true picture of the industry. Finance courses are a gateway to enter into the world of corporate financing. The future in corporate financing is very bright and is likely to show tremendous growth for next few years to come ahead, which is a positive sign for the aspiring students.
Remember that day in 10th Grade Government Studies when the teacher asked you to scribble down a name of one of your heroes on a poorly ripped corner of college ruled notebook paper? You quickly had to place this admission of heroic praise within an odd, nondescript shoe-box only to pass it to another student and have them mix their admission (and cooties) with yours? Once this weird offering box of heroic ideology returned back to the teacher, remember how they started listing off the dubious heroes: rock stars recently released from jail, sports stars who thought monogamy was a type of wood, and out of all other things, one dimensional cartoon characters?Suddenly, the teacher looked down at one of the offerings and did the dramatic “surprised double- take”. Silence blanketed the classroom. Students inched forward, as if the piece of paper would have whispered its secret to them. The teacher then announced, “Benjamin Franklin”. Fluctuations of giggles reverberated off of the small “hospital white” classroom walls. With slight admiration, the teacher asked, “Who wrote this?” The students looked quizzically at one another, as if reenacting the Salem Witch Trials. Needless to say, no one took responsibility.Well, after many years of lurking in the shadows, I have to confess… it was me. Though, can you blame me for my choice? The man played a pivotal role within our political system, how we, as a society, communicate (ex. USPS), and gave us a stronger foundation in understanding electricity; to name a few things. He was a true “Renaissance Man”. Yes, he received vast recognition and praise for his work, but what were the reasons behind his many and varied accomplishments? Drive and enthusiasm. Benjamin Franklin had the drive and enthusiasm for all that he did, everything he touched. He was insatiably curious, willing to learn, and strove for advancement. Thanks to him, we had the foundation to build so much of what we have now.Now you have to ask, after three paragraphs, what does this have to do with the arts, and theater to be more specific? Notwithstanding that Franklin pursued many musical endeavors during his life, and the fact that he attended the theater on many occasions, remember those “heroes” my classmates chose? Many of them were just chosen because of their talent but not because of why they became involved in what they did or who they were as people. Well, that reflects the very root of this article: the current situation between Artistic Progression and the trend of Fast Food Arts.My definition of “Fast Food Arts” is as follows: it’s cheap art (though often expensive to the consumer) that briefly satisfies a current entertainment desire, without being nutritious to the consumer or platform it attaches itself to. This art also involves individuals that merely fall into the title of “artist”. These Fast Food Artists have neither the desire to fully comprehend the roots of what they do, nor do they care about its sustainability – thus the relationship becomes parasitic, with the art shriveling and the artists gorging themselves to death. This definition may seem incredibly over-dramatic (what can I say, I’m in theatre) but it holds a very sad truth to it.The absurd rise to fame of these “Reality TV” stars and some of these YouTube sensations have fostered a false sense that art can lead you to success, leaving the art to be a misused tool. For example, people now call themselves actors because they feel it will have a hefty paycheck connected to it. Many don’t care about personal growth while others, who at least make the attempt of taking classes or otherwise improving on their craft, could care less how their acting will positively impact the artistic medium that has given them their opportunities.Now, I have read several articles that rave about “Reality TV” stars and the YouTube sensations, so to clarify: this article is not one of those. I give respect to some of these individuals (to a point) as some have had a very strong business sense that has carried them through. This article is meant for those thinking about or attempting to become an artist, and more specifically, an actor. I certainly understand desires, some that involve a large paycheck, but the arts have never been the best resource for that goal (Google search: salaries of Bio-medical Engineers).And if you are one of these actors receiving a quarter of a million dollars from your last project, wouldn’t you want to give a little back to keep your source of income continuing? This “giving” doesn’t have to be monetary either. You can improve your own acting abilities, so you can better push other actors to step up to the competition. That would create stronger performances all around and far more impressive storytelling, which leads to more interesting projects/productions with longer lasting effects for the audiences. You can push boundaries with creating, promoting, or acting in a piece that isn’t considered mainstream. It may not bring you a huge paycheck, but it would bring a variance that is craved by a small but strong supportive group, it could assist the career of a new writer (and grow your network), and it could push you in a new direction that could then make you more marketable.If you analyze things close enough though, you will see that theatre (as well as any other art or business sector) is an elaborate web where everything is linked in one form or fashion. If you help in nourishing those around you, you will naturally also become stronger. For example, the more you push for the arts, the more opportunities can be created due to an increase in audience potential. And those that truly have a passion for the art will benefit the most, as well as spearhead the growth of something that can help so many others; whether through direct involvement or as voyeurs. It is about supporting the idea that Stanislavsky shared with us over 80 years ago, “Love art in yourself, not yourself in art.”One needs to be willing to be vulnerable, sometimes in front of millions, and to push forward the study as well as comprehension of human nature. If we don’t, what is the purpose of art? We create art in order to connect to emotions, spirituality, social beliefs, creativity, self-comprehension, among so many other facets. But how can someone connect to something hollow unless they are hollow themselves? It is just as odd as those that put out hollow or “Fast Food Art” to say they love the arts. How can you love something when you know nothing about it? It seems ridiculous to love someone, when all you know is their first name or were in the same room together for a brief moment. It also seems absurd to say you are an artist when you have not taken the time to understand the art you say you love, and actually connect it to the ideas that baptize this planet on a daily basis.So then ask yourself, “What can I do?” The first is to see if you are earnestly passionate about the arts. If you are not able to fight for it and you merely want security; follow one of Shakespeare’s most famous stage directions – “Exeunt, pursued by a Bear”. In other-words, run away as quickly as possible. This does not mean you cannot appreciate the arts but being an artist (and an actor to be more specific) requires a certain perseverance and a lot of gambling.If you feel you can handle the unreliability of the arts, then the next thing you should ask yourself is “What is the next step?”. The next step would be to audition and get yourself out there. Start becoming a part of the intricate artistic web and start creating your own connections. With these connections, you may not only have someone willing to get you involved with a future project, but you’ll have many resources to learn and grow from. Take the time to watch someone else’s technique, ask questions, and see how the inner workings of the industry affect you as an artist.
Smart fitness training balances the four elements for a better state of health.Make sure your fitness program includes aerobic fitness, muscular fitness, stretching and strengthening exercises.Whether you are a fitness beginner or an exercise fanatic, it is essential to have a well-established fitness program.If you use these four elements of fitness training then you will definitely get a well-balanced routine:1. Aerobic fitnessAerobic exercises, also known as heart resistance activity represent the essence of most fitness programs. Aerobic exercises make you breathe faster and more deeply, therefore they will increase the amount of oxygen in your blood.If you do the correct form of aerobic fitness, the heart, lungs and blood vessels will transport more efficiently the oxygen in the entire body.Aerobic exercises include any physical activity that involves using multiple muscle groups and increase heart rate. Try to walk faster or do activities such as jogging, cycling, swimming, dancing and water aerobics at least thirty minutes every day.2. Muscular fitnessMuscular fitness is another key component of a smart fitness-training program. Muscular fitness workouts strengthen your bones and reshape your muscles properly. Other benefits include increases in connective tissue strength, anaerobic power, low-back health, and self-esteem.These exercises will also help you maintain your muscle mass during a weight loss program.Note that you don’t have to spend a lot of money for subscriptions or other expensive equipment to obtain these benefits. Bodyweight matters a lot, so try to do push ups, crunches and squats. I am a big follower of home fitness training because it works great.3. StretchingMost aerobic activities can cause you painful muscle contractures. To avoid this problem during your fitness routine, it is very important to stretch your muscles.Do not stretch until you have at least warmed up thoroughly. Walking at a faster rate or running at low intensity for 5-10 minutes will do the trick. Stretching at the end of your workout is also highly recommended.Keep in mind that if you do not exercise regularly, you need to do stretching at least three times a week to maintain your flexibility.4. Strengthening exercisesAbdominal, back and pelvis muscles (known as core muscles) have a protective role of the upper back and maintain the connection between the upper and lower body movements.Strengthening exercises will help you develop the muscles that are needed to block the spine when you do your fitness routine. These exercises will allow you to use upper and lower body muscles more efficiently.So,if you want to be strong, flexible and in excellent physical shape, you must include the four elements mentioned above, in your fitness program.Keep in mind that smart fitness plus smart diet equals smart people.For more information on SMART FITNESS, make sure and follow the link in the resource box below.To your best year ever,Edward Platz, Full-Time Dream Achiever