The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization

The Necessity of Finance: An Overview of the Science of Management of Wealth for an Individual, a Group, or an Organization provides a comprehensive, concise orientation for those seeking an understandable presentation of the complex nature of finance. Using everyday terms and readily grasped concepts, Dr. Anthony M. Criniti IV, a former financial consultant and current university-level finance professor, sets out to detail the necessity of finance; to clarify the definition, purpose, and goals of both finance and economics; to explore financial concepts in a straightforward manner; and to stimulate interest and understanding that will lead to ongoing investigation.Finance, although highly interrelated with many subjects, is a separate field of study often confused with other areas, most notably economics. With world wealth accumulating to its highest point in history, the necessity to understand this subject on its own terms is crucial. The Necessity of Finance highlights the need to engage with finance as a separate science, clears up the confusion with related subjects, and coins the word "financialists" to identify the scientists in this dynamic field.Equipping the beginner to intermediate level financial student with vital information and a clear approach for continued study, its unique perspective will also be of value to the advanced student and the practitioner. Topics include: What is the difference between money and wealth? What is risk and return? What kinds of investments exist? What are the different techniques for selecting investments? What role does ethics play in finance?While The Necessity of Finance does not replace required textbooks, it is an indispensible supplemental learning tool that may clarify expectations of future financial journeys, whether in a university or in the marketplace. In this extremely useful overview, Dr. Criniti demonstrates that finance is a very promising science that will benefit those who commit themselves to its study and practice.

Dr. Anthony M. Criniti IV (also known as "Dr. Finance") is known as a major disruptor in the science of finance, revolutionizing the field's entire academic foundation. He holds a PhD in applied management and decision sciences, with a concentration in finance, from Walden University. He earned his BBA at The George Washington University with a concentration in international business. He earned a master of science in financial services from The American College, where he also obtained prominent financial designations, including Chartered Financial Consultant (CHFC), Chartered Life Underwriter (CLU), Registered Executive Benefit Consultant (REBC), and Registered Health Underwriter(RHU).

Dr. Criniti holds Pennsylvania licenses in fixed annuities, life and health insurance, and real estate. His various professional experiences include work as an investment and a retirement specialist for The Vanguard Group, as a financial planner for several hundred clients, and as a real estate developer.

A native of Philadelphia, Dr. Criniti is a professor at several universities, an active investor in various marketplaces, an explorer, a financialist, a survivalist, and has traveled around the world studying various aspects of finance. He is the author of three acclaimed finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016).