Strategic Financial Management

Financial Policy and Corporate Strategy
Strategic decision making framework, Interface of Financial Policy and strategic management, Balancing financial goals vis-à-vis sustainable growth.
Risk Management
Identification of types of Risk faced by an organization, Evaluation of Financial Risks, Value at Risk (VAR), Evaluation of appropriate method for the identification and management of financial risk.
Security Analysis
Fundamental Analysis
Technical Analysis a) Meaning b) Assumptions c) Theories and Principles d) Charting Techniques e) Efficient Market Hypothesis (EMH) Analysis
Securitization
Introduction Concept and Definition, Benefits of Securitization, Participants in Securitization, Mechanism of Securitization, Problems in Securitization, Securitization Instruments, Pricing of Securitization Instruments, Securitization in India

Security Valuation
Theory of Valuation, Return Concepts, Equity Risk Premium, Required Return on Equity, Discount Rate Selection in Relation to Cash Flows, Approaches to Valuation of Equity Shares, Valuation of Preference Shares, Valuation of Debentures/ Bonds
Portfolio Management
Portfolio Analysis, Portfolio Selection, Capital Market Theory, Portfolio Revision, Portfolio Evaluation, Asset Allocation, Fixed Income Portfolio, Risk Analysis of Investment in Distressed Securities, Alternative Investment Strategies in context of Portfolio Management
Mutual Fund
Meaning, Evolution, Types, Advantages and Disadvantages of Mutual Funds

Derivatives Analysis and Valuation
Forward/ Future Contract, Options, Swaps, Commodity Derivatives
Interest Rate Risk Management
Interest Rate Risk, Hedging Interest Rate Risk a) Traditional Methods b) Modern Methods including Interest Rate Derivatives

Foreign Exchange Exposure and Risk Management
Exchange rate determination, Foreign currency market, Management of transaction, translation and economic exposures, Hedging currency risk, Foreign exchange derivatives – Forward, futures, options and swaps
International Financial Management
International Capital Budgeting,
International Working Capital Management a) Multinational Cash Management - Objectives of Effective Cash Management - Optimization of Cash Flows/ Needs - Investment of Surplus Cash b) Multinational Receivable Management c) Multinational Inventory Management

Corporate Valuation
Conceptual Framework of Valuation
Approaches/ Methods of Valuation a) Assets Based Valuation Model
b) Earning Based Models c) Cash Flow Based Models d) Measuring Cost of Equity - Capital Asset Pricing Model (CAPM) - Arbitrage Pricing Theory - Estimating Beta of an unlisted company e) Relative Valuation - Steps involved in Relative Valuation - Equity Valuation Multiples - Enterprise Valuation Multiple f) Other Approaches to Value Measurement - Economic Value Added (EVA) - Market Value Added (MVA) - Shareholder Value Analysis (SVA)
g) Arriving at Fair Value
Mergers, Acquisitions and Corporate Restructuring
Conceptual Framework, Rationale, Forms, Mergers and Acquisitions
a) Financial Framework b) Takeover Defensive Tactics c) Reverse Merger
Divestitures a) Partial Sell off b) Demerger c) Equity Carve outs
Ownership Restructuring a) Going Private b) Management/ Leveraged Buyouts Cross Border Mergers
Startup Finance Introduction including Pitch Presentation, Sources of Funding, Start up India Initiative