Professional Documents
Culture Documents
Evaluation
Class Participation & Attendance 10%
15%
Individual Assignment: Solve and submit in handwritten one question paper of any previous year 10%
Written Test
15%
Final Exam (30% objective, 50% numerical & 20% theory) 50%
2 / 12
Dt.
16.6 23.6
30.6
7.7 14.7 21.7 28.7 4.8 11.8 18.8 25.8 1.9
1*
2*
1
2
1
-
*Book preference
2 / 29
Chapter 1
3. Financial Management, I. M. Pandey, 9th Edition, Chapter 1
4 / 12
1. Objectives
For finance Professions For non-finance professionals: every function is associated with money e.g. R&D, Engineering / Technology, Operations, Marketing, Purchasing, HR
.
Money Manpower Machinery
Product
Services
Liquidity Profitability Trade-off Performance Evaluation / Improvement: Ratios, Stock Returns Business Modeling & Simulation Optimization of Resources Social Benefits, especially PSUs
6 / 12
Purchase
Manager
HR
Manager
7 / 12
Treasurer
Cash Manager Credit Manager
Controller
Financial Accounting Manager Cost Accounting Manager
Tax Manager
8 / 12
Risk-return trade-off
9 / 12
3. Evolution
Historical 20th Century growth 1. Traditional Phase: up to 1940 Capital raising, business expansion, M&As, liquidation 2. Transitional Phase: 1940 and 1950s Focus on day to day issues, WCM 3. Modern Phase: Mid 1950s onwards Use of quantitative methods and Analytical, focus on use of funds to shareholders wealth creation, Capital Budgeting, Asset pricing theory, Capital structure theory, Efficient market theory, Option pricing theory, Agency theory, Valuation models, Dividend policy, WCM, Financial Modeling, Behavioral Finance 10 / 12
Purchase Manager
HR Manager
Finance Economics, Accounting, Production, Purchase, Marketing Top Management Finance Other Challenges: Treasury, Forex, Optimum debt / equity, Share Prices, Management control
11 / 12
Regulatory Framework
Companies Act 1956.
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