Module 1: Strategic Financing Decisions
Meaning and importance of Strategic Financial Management, Scope and Constituents of Strategic Financial Management, Financial Planning, Capital Allocation and Corporate Strategy, Capital Structure and Firm Value, Dividend Policy and Firm value – Stock vis-à-vis Cash Dividends, Strategic Cost Management – Activity Based Costing, Target Costing, Life Cycle Costing.
Module 2: Corporate Valuation
Meaning and approaches to Corporate Valuation – Adjusted Book Value Approach, Stock and Debt Approach, Comparable Companies Approach, Discounted Cash Flow Approach – Concept of Free Cash Flow to the Firm, Two and Three Stage Valuation Models. Valuation of Physical Assets, Valuation of Intangible Assets – Brand Equity and Human Resources.
Module 3: Value Metrics
Shareholder Value Creation – Traditional and Modern Approaches – Value Drivers. Approaches to Value Based Management – Marakon Approach, Alcar Approach, Mc Kinsey Approach, EVA Approach, BCG HOLT Approach. Metrics for Measurement of Performance – EPS, ROI, EBIT, EBITDA, RONA, ROCE, TSR, TBR, MVA, CVA, CFROI – Concept of Economic Depreciation. Executive Compensation and Value Creation. Employee Stock Option Plan. Balanced Scorecard.
Module 4: Corporate Restructuring
Meaning and forms of corporate Restructuring – Spin off, Split off, Split up, Leveraged Buyout, Divestiture and other forms of corporate Restructuring.
Module 5 : Mergers & Acquisitions
Corporate Restructuring – Meaning and Forms. Mergers and acquisitions – Definition, Types, Motives for Merger or Acquisition, Steps involved in Merger, Mechanics of Merger – Legal, Accounting and Tax, Valuation for Mergers and Acquisitions, Financing of Merger and settlement – Exchange Ratio, Stock Vs. Cash Payments, Takeovers, Defensive Tactics of Takeovers and disinvestment of PSU’s.
Module 6: Challenges in Strategic Financial Management
Financial Management in Knowledge Intensive Companies and Public Sector Companies, Financial Management in Sick Units, Financial Innovations and Financial Engineering – Overview, Scope, Tools of Financial Engineering, Financial Engineering versus Financial Analysis.
REFERENCE BOOKS:
1. Chandra, Prasanna, “Financial Management”, Tata McGraw Hill Publishing
Limited.
2. Grinblatt, Mark and Titaman, Sheridan, “Financial Markets and Corporate
Strategy”, Tata McGraw Hill.
3. Sudhindra Bhat “Financial Management” Excel Books
4. R.M.Srivastava :- Financial Management and Police – HPH
5. Jakhotiya, G.P., “Strategic Financial Management”, Vikas Publishing House
Private Limited.
6. Vedpuriswar, A.V, “Strategic Financial Management – Achieving Sustainable
Competitive Advantage”, Vision Books.
7. Allen; Introduction To Strategic Financial Management
8. Swamy Parthsastri : - Corporate Governance ,Biztantra
9. Grundy & Scholes; Exploring Strategic Financial Management; Prentice Hall
10. Weston, Mergers, Restructuring & Corporate Control, PHI
Meaning and importance of Strategic Financial Management, Scope and Constituents of Strategic Financial Management, Financial Planning, Capital Allocation and Corporate Strategy, Capital Structure and Firm Value, Dividend Policy and Firm value – Stock vis-à-vis Cash Dividends, Strategic Cost Management – Activity Based Costing, Target Costing, Life Cycle Costing.
Module 2: Corporate Valuation
Meaning and approaches to Corporate Valuation – Adjusted Book Value Approach, Stock and Debt Approach, Comparable Companies Approach, Discounted Cash Flow Approach – Concept of Free Cash Flow to the Firm, Two and Three Stage Valuation Models. Valuation of Physical Assets, Valuation of Intangible Assets – Brand Equity and Human Resources.
Module 3: Value Metrics
Shareholder Value Creation – Traditional and Modern Approaches – Value Drivers. Approaches to Value Based Management – Marakon Approach, Alcar Approach, Mc Kinsey Approach, EVA Approach, BCG HOLT Approach. Metrics for Measurement of Performance – EPS, ROI, EBIT, EBITDA, RONA, ROCE, TSR, TBR, MVA, CVA, CFROI – Concept of Economic Depreciation. Executive Compensation and Value Creation. Employee Stock Option Plan. Balanced Scorecard.
Module 4: Corporate Restructuring
Meaning and forms of corporate Restructuring – Spin off, Split off, Split up, Leveraged Buyout, Divestiture and other forms of corporate Restructuring.
Module 5 : Mergers & Acquisitions
Corporate Restructuring – Meaning and Forms. Mergers and acquisitions – Definition, Types, Motives for Merger or Acquisition, Steps involved in Merger, Mechanics of Merger – Legal, Accounting and Tax, Valuation for Mergers and Acquisitions, Financing of Merger and settlement – Exchange Ratio, Stock Vs. Cash Payments, Takeovers, Defensive Tactics of Takeovers and disinvestment of PSU’s.
Module 6: Challenges in Strategic Financial Management
Financial Management in Knowledge Intensive Companies and Public Sector Companies, Financial Management in Sick Units, Financial Innovations and Financial Engineering – Overview, Scope, Tools of Financial Engineering, Financial Engineering versus Financial Analysis.
REFERENCE BOOKS:
1. Chandra, Prasanna, “Financial Management”, Tata McGraw Hill Publishing
Limited.
2. Grinblatt, Mark and Titaman, Sheridan, “Financial Markets and Corporate
Strategy”, Tata McGraw Hill.
3. Sudhindra Bhat “Financial Management” Excel Books
4. R.M.Srivastava :- Financial Management and Police – HPH
5. Jakhotiya, G.P., “Strategic Financial Management”, Vikas Publishing House
Private Limited.
6. Vedpuriswar, A.V, “Strategic Financial Management – Achieving Sustainable
Competitive Advantage”, Vision Books.
7. Allen; Introduction To Strategic Financial Management
8. Swamy Parthsastri : - Corporate Governance ,Biztantra
9. Grundy & Scholes; Exploring Strategic Financial Management; Prentice Hall
10. Weston, Mergers, Restructuring & Corporate Control, PHI
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