The main objective of this subject is to 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.
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
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
Acquisitions and Mergers: Acquisitions and mergers versus other growth Strategies; Valuation for acquisitions and mergers; Regulatory framework and processes; Financing acquisitions and Mergers
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
Emerging issues in finance and financial management: Developments in world financial markets; Developments in international trade and Finance.
• Study material of ACCA
• 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
• Khan & Jain, “Financial Management”. Tata McGraw Hill, New Delhi.
•I M Pandey “Financial Management”, Vikas Publications.
• Chhandra Prassana, 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