Advanced Financial Management

Management education in our country has recently experienced a sea-change in its curriculum, wherein electives in finance and marketing have been enlarged. In fact, finance has assumed greater significance for all those pursuing a Commerce course or it is allied. It is now a well-established fact that the success of any business concern depends inter-alia upon the efficiency with which funds are being managed. That is why there is a separate paper/subject of ‘Financial Management’ almost in every curriculum of B.Com.

Some pedagogical features of the Advanced Financial Management Book are:

• All chapters have been thoroughly revised and updated.
• Thoroughly revised on the basis of the Companies Act, 2013;
• Rate of Income Tax @ 25 percent on companies has been applied in all numerical questions as per amendment made by the Finance (No. 2) Act, 2019.
• The chapter on Sources of Long-Term Financing has been updated and enlarged.
• A comprehensive presentation of the concepts and relevant theories;
• Several new Illustrative problems have been included in every chapter for a better understanding of the principles and techniques;
• In each chapter, besides Long Answer and Short Answer Type Questions. Multiple Choice Questions with answers have been given.
• Use of charts and figures to bring more clarity;
• Many new exercises and problems have been included in each chapter to help the students in better learning and understanding.

Readers are requested to offer concrete suggestions for improving the book; such suggestions will gratefully be accepted and acknowledged.

Advanced Financial Management Book Contents

1. Financial Management
2. Financial Planning
3. Capitalization
4. Capital Budgeting
5. Cost of Capital
6. Leverage Analysis
7. Capital Structure (Concept and Planning)
8. Capital Structure (Theories and Determinants)
9. Dividend Policy
10. Management of Working Capital
11. Financing of Working Capital (including Factoring)
12. Management of Cash (including Payables Management)
13. Management of Receivables
14. Inventory Management
15. Concept of Time Value of Money
16. Risk And Return (including Capital Asset Pricing Model and Risk-Return Trade-Off)
17. Valuation of Securities
18. Sources of Long-Term Financing