COURSE SUMMARY
Course Title: 
Financial Management
Course Code: 
18COM733
Year Taught: 
2019
Semester: 
2
Type: 
Elective
Degree: 
Doctoral Programs
School: 
School of Arts and Sciences
Campus: 
Kochi

'Financial Management' is an elective course offered in the second semester of M. Phil. Commerce and Management (Part - Time) offered by School of Arts & Sciences, Kochi.

Unit 1: 

Financial management – meaning – Objectives – Financial Decisions – Functions of financial Manager. Time value of money –Present Value, Future Value and Compound Techniques.

Unit 2: 

Cost of Capital – Meaning and Importance – Cost of Debt, Preference Share, Equity Share and Retained Earnings – Weighted Average cost of capital. Capital Budgeting – Meaning – Significance – Methods of Ranking Investment proposals.

Unit 3: 

Leverage – Meaning – Financial Leverage – Operating Leverage – EBIT and EPS Analysis. Capital Structure – Theories of Capital Structure - Determinants of Optimal Capital Structure.

Unit 4: 

Dividend Theories – Walter’s Model, Gordon, Modigliani and Miller’s Model – Forms of Dividends – Factors determining Dividend Policy – Stability of Dividend Policy.

Unit 5: 

Working Capital Management – Meaning – Objectives – Working Capital Policies – Factors Affecting working Capital Requirements – Forecasting of Working Capital Requirements - Sources of working Capital. Cash Management – Inventory Management - Receivables Management.

  1. I. M. Pandey(2010), Financial Management, Himalaya Publishing House, NewDelhi.
  2. Khan, M. Y. and Jain, P. K. (2005), Financial Management, McGraw Hill Publication.
  3. Chandra Prasanna (2003), Financial Management, McGraw Hill Publication. 
  4. Vij, Madhu (2006), International Financial Management, Excel Books, New Delhi.
  5. Maheshwari, S. N. (2006), Fundamentals of Financial Management, SultanChand. 
  6. Srivastav, R. M., Financial Management and Policy, Himalaya Publishing House, Mumbai.
  7. Bhat, Sudhindra (2008), Financial Management Principles and Practice, ExcelBooks, New Delhi.