Coming soon
Financial Management
To develop the knowledge and skills expected of a finance manager, in relation to financial decisions
Course Outcomes (COs):
|
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
|
Paper Code |
Paper Title |
|||
|
AAF 311
|
Financial Management |
CO 84: Discuss the role and purpose of the financial management function CO 85: Assess and discuss the impact of the economic environment on financial management CO 86: Discuss and apply working capital management techniques CO 87: Formulate and carry out effective investment appraisal CO 88: Identify and evaluate alternative sources of business finance CO 89: Discuss and apply principles of business and asset valuations CO 90: Explain and apply risk management techniques in business. |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, assignments.
Learning activities for the students: Self learning assignments, Effective questions, Giving tasks,
|
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects |
- 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
- 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)
- 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.
- 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
- 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.
- Bhalla, V.K., “Financial Management & Policy,” (Anmol Publications, Delhi)..
- Chandra, P., “Financial Management- theory and practice”, (Tata McGraw Hill).
- Rustagi, “Fundamentals of Financial Management”,( Galgotia Publishing House, Delhi)
- Khan M.Y- Indian Financial Management, Tata McGraw 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 McGraw Hill New Delhi 1992).
- Pandey, I.M., “Financial Management”, Vikas Publications
- Study material of ACCA –F9
- Agarwal MR- “Financial Management” Garima Publication, Jaipur
- Agarwal&Agarwal "Financial Management" RBD Publication. Jaipur
