Financial Management Code

Paper Code: 
AAF 311
Credits: 
6
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

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

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

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

18.00

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

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

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: