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 budgeting.
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.