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.