Management finance is the application of financial strategies and techniques to the management of an organization’s finances. It involves the analysis of both short- and long-term financial goals, and the implementation of measures such as budgeting, forecasting, and operational planning in order to meet those goals. Management finance decisions are made with an eye to increasing the overall value and efficiency of a business. This includes the assessment of investment options, the evaluation of risk and return, and the implementation of financing plans that are consistent with a company’s objectives. By managing its financial resources strategically, a business can maximize profits and achieve sustainable growth.