Fundamentals Of Financial Management

The subject of financial management is gaining importance in the context of today's business environment. This book attempts to provide a clear understanding of the fundamentals of the subject, including the concepts, theories, models, tools and techniques, and their applications. Its focus on logical discussion, where it is needed for contextual understanding of the topic, makes the book different from others. Fundamentals of Financial Management is a useful resource for undergraduate students of management and commerce, as well as for practising managers.

1. Logical progression of text, from fundamentals and concepts to theories, techniques, and their applications.

2. Discussion of various tools and their applications in decision making in the context of the situation.

3. Explanation of various functions of Excel spreadsheet for different applications.

4. Pedagogical elements to help in better learning—objective questions, worked out examples, as well as unsolved problems

1. Section I: Foundation

2. Nature of Financial Management

3. Financial Statements

4. Breakeven Point and Leverages

5. Financial Statement Analysis,

6. Section II: Fundamental

7. Time Value of Money

8. Risk and Returns,

9. Section III: Long-term Sources of Funds

10. Financial Markets & Interest Rate Mechanism

11. Sources of Long-term Funds

12. Dividend Policy,

13. Section IV: Cost of Capital and Valuation

14. Capital Structure Theories and Decisions

15. Cost of Capital and Investors’ Returns 

16. Valuation of Securities and Firm,

17. Section V: Fixed Asset Investment Decisions

18. Estimating Cash Flow

19. Capital Expenditure Evaluation Techniques,

20. Section VI: Working Capital Management and Financing

21.  Working Capital Management

22. Management of Cash

23. Management of Receivables

24. Management of Inventory

25. Working Capital Financing,

26. Section VII: Financial Planning

27. Financial Planning