Financial Management

Paper Code: 
AAF 311
Credits: 
03
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

To develop the knowledge and skills expected of a finance manager, in relation to financial decisions.

18.00
Unit I: 

Financial management function: Introduction, nature and purpose of financial management; Financial objectives and relationship with corporate strategy; Stakeholders and impact on corporate objectives; Financial and other objectives in not-for- profit organizations                                                                            Financial management environment: Economic environment for business; nature and role of financial markets, institutions and money market

18.00
Unit II: 

Working Capital Management: Introduction, nature, elements and importance of working capital; Management of inventories, accounts receivable, accounts payable and cash; Determining working capital needs and funding strategies           Investment Appraisal: Investment appraisal techniques; Allowing for inflation and taxation in investment appraisal Adjusting for risk and uncertainty in investment Appraisal Specific investment decisions (lease or buy; asset replacement, capital rationing)

18.00
Unit III: 

Business finance: Sources of and raising business finances, their relative costs; Estimating the cost of capital, Capital structure theories and practical Considerations; Finance for small and medium sized entities Dividend Policy

18.00
Unit IV: 

Business valuations: Nature and purpose of the valuation of business and financial assets; Models for the valuation of shares; valuation of debt and other financial assets; Efficient market hypothesis (EMH) and practical considerations in the valuation of shares.

18.00
Unit V: 

Risk management: nature and types of risk and approaches to risk management; Causes of exchange rate differences and interest rate fluctuations; Hedging techniques for foreign currency risk and interest rate risk

Essential Readings: 

Study material of ACCA                                                                             Agarwal MR- “Financial Management” Garima Publication, Jaipur                         Agarwal & Agarwal "Financial Management" RBD Publication. Jaipur

 

References: 

Bhalla, V.K., “Financial Management & Policy,” (Anmol Publications, Delhi).. Chandra, P., “Financial Management- theory and practice”, (Tata Mc Graw Hill).              Rustagi, “Fundamentals of Financial Management”,( Galgotia Publishing House, Delhi)   Khan M.Y- Indian Financial Management, Tata Mc Graw Hill, India                Maheshwari S.N –Financial Management, Sultan Chand and Sons, New Delhi Horne, J.C. Van., “Fundamentals of Financial Management”, 9th ed. (New Delhi Prentice Hall of India 1995).                                                                                            Khan and Jain., “Financial Management text and problems”, 2nd ed. ( Tata Mc Graw Hill New Delhi 1992).                                                                                Pandey, I.M., “Financial Management”, Vikas Publications

 

Academic Year: 
2019-2020
  • Printer-friendly version
  • PDF version