acquire expert knowledge of practical aspects of the management and techniques of financial, treasury and forex management
• Introduction; Types, Determinants and Constraints of Dividend Policy
• Forms of Dividend
• Different Dividend Theories - Walter’s Model, Gordon’s Model and Modigliani-Miller Hypothesis of Dividend Irrelevance
• Dividend Policy - Practical and Legal Constraints
• Corporate Dividend Practices in India
• Meaning, Types, Determinants and Assessment of Working Capital Requirements
• Operating Cycle Concept and Applications of Quantitative Techniques
• Management of Working Capital - Cash, Receivables, Inventories; Financing of Working Capital; Banking Norms and Macro Aspects
• Factoring and Forfeiting9
• Security Analysis - Measuring of Systematic and Unsystematic Risk, Fundamental Analysis (Economic, Industry and Company), Technical Approach and Efficient Capital Market Theory
• Portfolio Management - Meaning, Objectives; Portfolio Theory – Traditional Approach; Fixed and Variable Income Securities, Markowitz Portfolio Theory;
Modern Approach - CAPM Model; Economic Value Added, Sharpe Single & Multi Index Model; Arbitrage Pricing Theory (APT); Risk Adjusted Measure of Performance
• Meaning, Objectives, Significance, Functions and Scope of Treasury Management
• Relationship between Treasury Management and Financial Management; Role and Responsibilities of Chief Finance Officer
• Tools of Treasury Management; Internal Treasury Controls; Environment for Treasury Management
• Liquidity Management, Regulation, Supervision and Control of Treasury Operations, Implications of Treasury on International Banking
• Nature, Significance and Scope of Forex Management
• Foreign Exchange Market and its Structure
• Foreign Exchange Rates and its Determination
• Exchange Rate Quotes; Types of Exchange Rates; Forex Trading; Currency Futures and Options
• Foreign Exchange Risk Exposures and their Management; Exchange Rate Forecasting; Risk in Foreign Exchange Business
Practical Problems and Case Studies
Study Material Published by ICSI
2. Scanner-Arun Kumar (Suchita Prakashan (P) Ltd
3. Financial Management- Theory & Practice: Prasanna Chandra(Tata Mc Graw Hill Publishing Co New Delhi)
4. Financial Management-Principles & Practice: Sultan Chand & Sons, Darya Ganj New Delhi)
5. Financial Management-S.C Kuchhal(Chaitnaya Publishing House Allahabad)
6. Financial Management-I.M Pandey(Vikas Publishing House Pvt Ltd)
7. Financial Management and Policy-V.K Bhalla(Anmol Publications Pvt Ltd)