On this manner, the brand new theories, fashions and methods have made finance scientific. However the financial theories can’t be precisely compared with the ‘Scientific Methodology’ that applies to physics science. Physics predicts as to what occurs from an motion. for instance, physics says that if a ball is thrown upward, that ultimately falls down. This isn’t true in finance. For instance, the financial analyst can predict from the historic trend that the speed of interest will change in a definite pattern. However, in reality, the rate of interest might change in several pattern. Despite this, financial tips and theories are useful in monetary decision making. However any determination should be made by mixing those guidelines with self-ability. According to R.A. Stevenson, in fashionable time finance is a ‘scientific artwork’. He opines ‘finance is the science of understanding the right way to predict financial consequences and the artwork of realizing when to act’. It assists the financial managers of as we speak to keep away from the difficulties of tomorrow.