Ali Nejadmalayeri

"We are what we repeatedly do. Excellence then is not an act but a habit." (Aristotle)

The University of Arizona
Eller College of Business & Public Administration

Department of Finance
P.O.Box 210108, Tucson, AZ 85721-0108
 


And so what is this science we call Finance?
Robert Sarnoff believes "Finance is the art of passing currency from hand to hand until it finally disappears." Some, however, say that Money is the root of all evil, but Ayn Rand replies,
"So you think that money is the root of all evil. Have you ever asked what is the root of all money?" Honestly, as Richard Feynman once said, "What I am going to tell you about is what we teach our physics stundets... It is my task to convince you not to turn away because you don't understand it.
You see my physics students don't understand it... That is because I don't understand it. Nobody does."
Some say Finance is the process of raising funds or capital for any kind of expenditure.
Or that Finance is the science or study of the management of funds.
In a nutshell, Finance is about how to get more out of your money, and for that we have to thank
greedy Babylonian merchants without whom there would be nor Money neither Finance!

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