Unit I
Meaning, scope, objective and Function of finance, Finance Department, Duties & Responsibilities of Finance Manager, Time value of money, Risk and return, Valuation of securities.
Unit II
Sources of long term finance, Leverage operating, financial and Combined, EBIT- EPS analysis, Cost of Capital: estimation of components of cost capital—equity, debt and preference capital and WACC.
Unit III
Capital Budgeting Process, Cash flow Estimation, financial evaluation- Non discounted and discounted cash flow techniques, Dividend policy Models: Relevance & Irrelevance.
Unit IV
Working capital management: Concepts and factors affecting working capital, risk - return trade - off, working capital financial policy, Cash management, Inventory management.
- Teacher: Rahul Agarwal