Finance is the life blood of business and economics is a study of commercial activities and transactions. Financial management focuses on the use of financial management techniques in decision making. Economics for finance is a specific area that provides understanding of relevant Macro-economic concepts/principles in current Indian / International economy.

Being a CA professional, it is important to understand how various decisions are taken such as source of finance, capital budgeting tactics etc. Also, if you are providing consultancy or other services such auditing, taxation etc, knowing its impact on overall functioning of finance in the business would add great value to clients’ organisation. Financial management in intermediate is a strong base for CA Final Strategic Financial Management. Economics for Finance helps in realising the business space in a broader view.