M.com E-commerce revised syllabus Mumbai University : 1.6. Financial Management

1         Module 1                                       13 lectures

1.1       Meaning and scope of finance (06)

1.1.1       Financial Goal-Profit Maximization vs. wealth maximization

1.1.2       Finance functions, financing, Dividend

1.1.3       Span of Financial Management

1.1.4       Span of Financial Decisions in business

1.1.5       Sources of finance

1.1.6       Financial statement analysis

1.2       Capital Budgeting (07)

1.2.1       Nature of Investment Decisions

1.2.2       Investment evaluation criteria

1.2.3       NPV & IRR & ARR

1.2.4       Profitability index

1.2.5       Payback period

1.2.6       Capital rationing

1.2.7       Risk analysis in capital budgeting

1.2.8       Capital budgeting for multinationals

1.2.9       Complexities involved in Capital budgeting decisions

1.2.10  Capital investment evaluation

2         Module 2                                   12 lectures

2.1       Cost of Capital (06)

2.1.1       Meaning and significance

2.1.2       Calculation of cost of debt, Preference capital, equity capital & Retained earnings

2.1.3       Combined cost of capital

2.1.4       CAPM

2.1.5       Required rate of return (RRR) & Determinants

2.1.6       Cost of capital in managerial decisions and Strategy

2.2       Operating and financial leverage (06)

2.2.1       Measurement of leverages

2.2.2       Effects of operating and finance leverage on profit

2.2.3       Analyzing alternate financial plans

2.2.4       Combined, financial and operating leverage

3         Module 3                                   13 lectures

3.1       Capital structure theories (05)

3.1.1       Traditional and MM Hypothesis without taxes and with taxes

3.1.2       Determining capital structure in practice

3.2       Dividend policies (08)

3.2.1       Issues in dividend decisions

3.2.2       Walters model

3.2.3       Gordons model

3.2.4       M-M hypothesis

3.2.5       Forms of dividend

3.2.6       Legal and procedural aspects of dividend

4         Module 4                                12 lectures

4.1       Management of Working capital (06)

4.1.1       Meaning, significance and types of working capital

4.1.2       Calculating operating cycle period and estimation of WC requirement

4.1.3       Financing of WC

4.1.4       Norms of Bank finance

4.1.5       Sources of Working capital

4.1.6       Factoring service

4.2       Management of Cash, Receivable and Inventory (06)

References:-

·        Chandra Hariharan Iyer, Financial management recent trends in practical applications (ISBN 9789381335048), International Book House Pvt. Ltd., 2012.

·        Financial Management - Chandra, Prasanna - Tata McGraw Hill

·        Working Capital Management - Bhattacharya Hrishikas – Prentice Hall

·        Corporate Finance – Brealy Richard, Steward – McGraw Hill

·        Financial Management – I. M. Pnadey – Vikas