Advanced Financial Management

Paper Code: 
AAF 512
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

The main objective of this subject is help students gain knowledge, skills and exercise needed to make professional judgment and decisions relating to the financial management of an organisation in private and public sectors.

18.00
Unit I: 
Role and responsibility towards stakeholders:

Role and responsibility of senior financial executive/advisor; Financial
strategy formulation; Conflicting stakeholder interests; Ethical issues
in financial management; Environmental issues and integrated
Reporting
Economic environment for multinational organizations:
Management of international trade and finance; Strategic business
and financial planning for multinational organizations

18.00
Unit II: 
Advanced investment appraisal:

Discounted cash flow techniques;Application of option pricing theory in investment decisions; Impact
of financing on investment decisions and adjusted present values;
Valuation and the use of free cash flows; International investment
and financing decisions

18.00
Unit III: 
Acquisitions and Mergers

Acquisitions and mergers versus other
growth Strategies; Valuation for acquisitions and mergers;
Regulatory framework and processes; Financing acquisitions and
Mergers

18.00
Unit IV: 
Corporate reconstruction and re-organisation

Financial reconstruction; Business re-organisation
Treasury and advanced risk management Techniques: The role
of the treasury function in Multinationals; The use of financial
derivatives to hedge
against forex risk; The use of financial derivatives to hedge
against interest rate risk; Dividend policy in multinationals and
Transfer Pricing

18.00
Unit V: 
Emerging issues in finance and financial management

Developments in world financial markets; Developments in
international trade and Finance.

Essential Readings: 

• Study material of ACCA -P4

• Sinha. P.K, “Financial Management-tools and techniques”, Excel Books

• Srivastava and Misra, “Financial Management, Second edition”, Oxford University Press Agarwal, M.R. “Financial Management”, Garima Publication

• Pathak. V, “The Indian financial system: Markets, Institutions and Services”, Pearson

References: 

• Khan & Jain, “Financial Management”. Tata McGraw Hill, New Delhi. I M Pandey “Financial Management”, Vikas Publications.

• ChhandraPrassana, Financial Management, Tata McGraw Hill Van Horne, Financial Management, PHI

• Rustagi R.P, Fundamentals of Financial Management, Taxmann

• Banerjee .B, Financial policy and Management Accounting, Eight edition, PHI

Academic Year: