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A. Nejadmalayeri
"We are what we
repeatedly do. Excellence then is not an act but a habit."
(Aristotle)
"Success is not final, failure is not fatal: it is the courage to
continue that counts."
(Churchill)
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A.
"Dr N" NEJADMALAYERI, Ph.D. Assistant Professor of Finance North Hall Room 305 Phone: (918)
594 - 8399
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Oklahoma State University
William S. Spears School of Business Department
of Finance 700 N
Greenwood Dr., Tulsa, OK 74106
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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 students...
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." Kidding aide, Finance is the process of raising funds or capital for
any kind of expenditure. and so the science of Finance is the study of
the management of funds. In a layman's terms, however, Finance is about how to get
more out of your money.
No matter your particular taste of Finance, one thing is for sure: we all have to
be thankful for the greedy
Babylonian merchants without whom there would be nor Money neither
Finance!
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