Meaning, Importance and Objectives of financial Management; Time value of money; Conflicts in profit versus value maximization principle; Functions of chief financial officer.
Risk and Return –overview of capital market theory, Beta Estimation, CAPM, and APT.
Management of working capital; Cash and Marketable securities management; Treasury management, Receivables management, Inventory management, financing of working capital.
Investment decisions: capital budgeting – concept, theory. Cost of capital. Risk analysis in capital budget
Financing decisions: concepts of operating and financial leverage; Capital structure Theory and policy; Dividend Policy. Different sources of finance: Asset Based financing – Lease, Hire Purchase and Project financing. Corporate Restructuring, Merger and Acquisition.
