Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of our organization. We use our funds in two ways like in Micro-finance and Program (i.e. different types of social work). It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of our organization. It has been defined differently by different experts in the field.