Practicing CA
8639 Points
Joined April 2009
Hi devanshi,
Project finance is a term for financing particular projects may be at initial phase or even later.. The word project finance is a wide term applicable to all types of entities having projects and requiring finance for it..
Corporate finance is a narrow term and it applies only to companies and corporations.. the finance may be for any particular project or may be for any other business purose..
What i hve given is a very general definition of the terms..
Now how far these terms are important for study depends on case to case and situation.. it will be better if you clarify this part as to in what regard you need to study the concepts..