Advanced Financial Management

Paper Code: 
AAF 611
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

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

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

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

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

Emerging issues in finance and financial management:
Developments in world financial markets; Developments in
international trade and Finance.

Essential Readings: 

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

References: 

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

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

Academic Year: