Scribd
Upload
157 views

Paper 3 - Advanced Financial Management Objective

This document outlines the course objectives and units of study for an M.Com semester 1 paper on advanced financial management. The objectives are to gain knowledge on fundamental financial management concepts, valuation of securities, capital structure theories, and working capital management. The 5 units of study cover financial management fundamentals, valuation of securities and bonds, dividend policy, capital structure theories and leverage, cost of capital and capital budgeting techniques, and working capital management. Reference books are also provided.

Uploaded by

indhumathig
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
157 views

Paper 3 - Advanced Financial Management Objective

This document outlines the course objectives and units of study for an M.Com semester 1 paper on advanced financial management. The objectives are to gain knowledge on fundamental financial management concepts, valuation of securities, capital structure theories, and working capital management. The 5 units of study cover financial management fundamentals, valuation of securities and bonds, dividend policy, capital structure theories and leverage, cost of capital and capital budgeting techniques, and working capital management. Reference books are also provided.

Uploaded by

indhumathig
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

M.Com.

- Semester I
Paper 3 - ADVANCED FINANCIAL MANAGEMENT
Objective
 To gain knowledge on the fundamental concepts on financial management.
 To know the valuation of securities
 To understand the theories of capital structure and working capital management
 The student will able to understand an overview of financial management
Unit-I
Financial Management: Meaning, Scope, Objectives, Functions, Relationship with other
areas of Management – Functions of Financial Manager – Sources of Finance – Short term and long
term finance – Financial decisions – Concepts of valuation: Time value of money – Compounding
and Discounting – Risk and Return trade off.
Unit-II
Valuation of Securities: Valuation of Asset – Bond Valuation – Valuation of Preference
shares, Equity valuation. Dividend Policy: Meaning, Objectives, Forms of Dividend, Different
dividend theories – Factors determining Dividend Policy.
Unit-III
Capital Structure: Patterns of capital structure – Factors affecting Capital Structure –
Optimum Capital Structure - Theories of Capital Structure. Leverages: Meaning, Types – Financial,
Operating and Combined.
Unit-IV
Cost of Capital: Meaning, Significance, Concepts, Cost of Debt, Equity, Preference and
Retained Earnings – Weighted Average Cost of Capital. Capital Budgeting: Concept - Evaluation
Techniques: Payback, Accounting Rate of Return, NPV, IRR, Profitability Index, Comparison of
DCF Techniques.
Unit-V
Working Capital: Concept, Need, Types, Factors affecting Working Capital – Estimation of
Working Capital – Components of Working Capital – Management of Working Capital
Components – Cash, Inventories, Accounts Receivable and Accounts Payable – Working Capital
Financing: Trade Credit, Bank finance & Commercial Papers.

Reference Books:
1. S.N.Maheswari – Financial Management Principles and Practice – Sultan Chand & Sons, New
Delhi.
2. I.M.Pandey. Financial Management, Vikas Publishing House Pvt ltd, New Delhi.
3. Prasanna Chandra, “Financial Management Theory and Practice”, Tata McGraw – Hill
Publishing Company Ltd, New Delhi, 2002
4. Preeti Singh, “Fundamentals of Financial Management”, Ane Books Pvt. Ltd, Bangalore.
5. P.V. Kulkarni & B.G. Sathyaprasad, Financial Management –Himalaya Pulishing House,
Mumbai.
NOTE: Question paper shall cover 40% theory and 60% problems.

1
2

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy