Description
SYLLABUS
(1) Working Capital Management:
- Management of Working Capital in India.
- Estimating Working Capital Needs.
- Operating or Working Capital Cycle.
- Working Capital Financing: Trade Credit; Bank Credit; Commercial Papers; Certificate of Deposits (CDs); Financing.
(2) Management of Components of Working Capital:
- Management of Cash and Marketable Securities: Motives for Holding Cash; Objectives of Cash Management; Factors Determining Cash Needs; Basic Strategies of Cash Management; Cash Management Techniques / Processes; Marketable Securities; and Cash Management Practices in India.
- Receivables Management: Objectives; Credit Policies; Credit Terms; and Collection Policies.
- Inventory Management: Objectives; and Techniques.
(3) Financial Planning:
- Meaning and Essentials of Budget.
- Types of Budget.
- Advantages of Budgeting.
- Zero Based Budgeting.
- Master Budget.
- Sales Budget, Production Budget, Material Budget, Cash Budget and Flexible Budget.
(4) Financial Policy and Corporate Strategy:
- Meaning of Strategic Financial Management.
- Strategic Financial Decision Making Framework.
- Functions of Strategic Financial Management.
Business Risk and Financial Risk:
- Debt v/s Equity Financing.
- Types of Leverage.
- Investment Objective/Criteria for Individuals/Non-Business Purpose.
