What is Financiology?

Financiology is a coined term for the branch of economics that studies how individuals, businesses, and governments make financial decisions, manage and invest their financial resources, and how financial markets operate. It involves the examination of financial systems, financial instruments, financial institutions, and the behavior of financial market participants.

The goal of Financiology is to understand the decision-making process for allocating resources in order to maximize wealth and minimize financial risk. Financiology encompasses various areas of study, including investment analysis, portfolio management, financial markets and institutions, financial planning, risk management, and corporate finance.