Congratulations! You are about to graduate with your bachelor's degree. While you are mixing and mingling with the guests at your graduation party, your second cousin, twice removed, on your mother's side, who received his MBA three years ago, asks you to tell him about some of the courses that you had taken. After you tell him that financial management was one of the courses, he asks you the following questions:
    * What factors can managers actually influence that affect stock price?
    * What role do you think ethics plays in financial management in corporations today?
    * For recent graduates, are there any new finance careers or "hot" areas of opportunity?
Managers, in fact, can control several things that would directly affect the stock price. Firstly, the stock prices go high, if the company performs as expected by the stake holders and the stock prices go down if the company does not stand up to the expectation of the stakeholders. So a manager, by creating an efficient management team and by adopting guaranteed management techniques can very well determine the performance of the company and which in turn will offer a steady rise to the price of the stocks. Secondly, stock prices are generally decided by the number of shares that the company decides to float. The manager can have a very influential role in deciding the number of shares that a company floats. Thirdly, manger can influence the timing of cash flows that have a direct effect on the price of the markets. Fourthly, if a company acquires or enters into a merger with another company, this will affect the price of the shares. A manager, with proven administrative skills, can lead a company towards acquisitions, which will force a steady increase in the share prices. Thus, a manager can in many ways affect the price of shares.

Ethics, in my opinion, plays a prominent role in financial management. If a company desires to be successful in the market, it has to be honest with its financial...