Financial Management

                                                                Syllabus

                       FINANCIAL MANAGEMENT

Unit-1: Financial Management

Nature, Objectives and Scope, Modern Concept of Finance, Financial Decision- Types of Financial Decisions, Role of Finance Manager, Risk Return Framework for Financial Decision Making, Time Value of Money.

Unit-2

a)      Cost of Capital: Concept of Value, Present Value, Basic Valuation Models.

b)      Capital Structure: Concept, Financial Leverage and its Impact on the Valuation of Firm, Theories of Capital Structure- Net Income Approach, Operating Income Approach, Miller – Modigliani Approach, Determinants of Capital Structure.

Unit-3: Investment Decisions

Nature and Kinds of Capital Budgeting, Techniques of Evaluating Capital Budgeting Decisions, Capital Budgeting under Risk and Uncertainty, Analysis of Real Life Capital Budgeting Decisions - Some Case Studies.

Unit-4

a)      Dividend Decisions: Dividend and its Form, Theories of Dividend Policy and their Impact on the Value of a Firm, Determinants of Dividend Policy.

b)      Working Capital Management: Meaning and Concepts of Working Capital. Estimating Working Capital Requirements. Management of Cash Receivables and Inventory.

Unit-5: Corporate Restructuring

Merger and Acquisitions - Types, Sources of Takeover Gains, Valuation and Financing of Acquisitions, Analysis of Some Case Studies. The Empirical Evidences on Theories and the Case Studies relevant for above Topics are required be Discussed.