MODULE – 1:
INTRODUCTION TO FINANCIAL MANAGEMENT:
Scope, Objectives, Functions, Role of Financial Manager, Interface of Financial Management with other functional areas, the financial environment: Markets and Institutions.
MODULE – 2:
FUNDAMENTAL CONCEPTS IN FINANCIAL MANAGEMENT:
Risk and Return trade off, Risk in a portfolio context, Measuring portfolio Risk, Capital Asset pricing model, Time value of money, Valuations of bonds and stocks.
MODULE – 3:
INVESTMENT DECISIONS: Nature and importance of capital budgetary process, Basic
principles in estimating costs and benefits of investments, Appraisal criteria – pay back period,
Average rate of return, Net present value, Benefit cost ratio, Internal rate of return, Risk analysis
in capital budgeting.
MODULE – 4:
COST OF CAPITAL AND SOURCES OF FINANCE:
Cost of debt, Cost of Equity and reserves, Cost of preferred stock, weighted average cost of capital, Factors affecting cost of capital. Long term financing: shares, Debentures, Warrants, Term loans, Lease financing, Hybrid financing, Venture capital financing.
MODULE – 5:
CAPITAL STRUCTURE:
Introduction, Factors affecting capital structure, Features of an optimal capital structure, Capital structure theories: Net income approach, Net operating income approach, Miller Modigliani propositions I and II, Leverages: Operating, Financial and Combined, Leverage and firm value.
MODULE – 6:
DIVIDEND POLICY:
Introduction, Dividend decisions and valuation of firms, Determinants of dividend policy, Dividend theories – relevance and irrelevance: Walter, Garden and M M Hypothesis, Bonus issues, stock split, Buy back of shares, Tax issues.
MODULE – 7:
WORKING CAPITAL MANAGEMENT AND FINANCING:
Meaning, Importance, Concepts at working capital, Determinants, Managing various components of working capital, Tools for analysis and managing working capital, Credit management.
BOOKS RECOMMENDED
1. Prasanna Chandra, Financial Management, TMH
2. Khan and Jain, Basic Financial Management, TMH
3. James Van Horne and John Wachowicz, Financial Management, Pearson
4. Brigham & Houston, Fundamentals of Financial Management, Thomson
5. Paresh P Shah, Financial Management, Biztantra
6. Ashok Banerjee, Financial Management, EB
7. Prasanna Chandra, Fundamentals Financial Management, TMH
8. John Wild, Subramanyam & Robert Halsey, Financial Statement Analysis, TMH
INTRODUCTION TO FINANCIAL MANAGEMENT:
Scope, Objectives, Functions, Role of Financial Manager, Interface of Financial Management with other functional areas, the financial environment: Markets and Institutions.
MODULE – 2:
FUNDAMENTAL CONCEPTS IN FINANCIAL MANAGEMENT:
Risk and Return trade off, Risk in a portfolio context, Measuring portfolio Risk, Capital Asset pricing model, Time value of money, Valuations of bonds and stocks.
MODULE – 3:
INVESTMENT DECISIONS: Nature and importance of capital budgetary process, Basic
principles in estimating costs and benefits of investments, Appraisal criteria – pay back period,
Average rate of return, Net present value, Benefit cost ratio, Internal rate of return, Risk analysis
in capital budgeting.
MODULE – 4:
COST OF CAPITAL AND SOURCES OF FINANCE:
Cost of debt, Cost of Equity and reserves, Cost of preferred stock, weighted average cost of capital, Factors affecting cost of capital. Long term financing: shares, Debentures, Warrants, Term loans, Lease financing, Hybrid financing, Venture capital financing.
MODULE – 5:
CAPITAL STRUCTURE:
Introduction, Factors affecting capital structure, Features of an optimal capital structure, Capital structure theories: Net income approach, Net operating income approach, Miller Modigliani propositions I and II, Leverages: Operating, Financial and Combined, Leverage and firm value.
MODULE – 6:
DIVIDEND POLICY:
Introduction, Dividend decisions and valuation of firms, Determinants of dividend policy, Dividend theories – relevance and irrelevance: Walter, Garden and M M Hypothesis, Bonus issues, stock split, Buy back of shares, Tax issues.
MODULE – 7:
WORKING CAPITAL MANAGEMENT AND FINANCING:
Meaning, Importance, Concepts at working capital, Determinants, Managing various components of working capital, Tools for analysis and managing working capital, Credit management.
BOOKS RECOMMENDED
1. Prasanna Chandra, Financial Management, TMH
2. Khan and Jain, Basic Financial Management, TMH
3. James Van Horne and John Wachowicz, Financial Management, Pearson
4. Brigham & Houston, Fundamentals of Financial Management, Thomson
5. Paresh P Shah, Financial Management, Biztantra
6. Ashok Banerjee, Financial Management, EB
7. Prasanna Chandra, Fundamentals Financial Management, TMH
8. John Wild, Subramanyam & Robert Halsey, Financial Statement Analysis, TMH
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