• To develop a strong foundation in financial management concepts and principles
• To enable learners to understand financial decision-making in organizations
• To equip students with skills in financial analysis, planning, and control
• To introduce techniques for investment, financing, and dividend decisions
• To prepare learners for roles in finance, accounting, and business management

Upon completion of this course, learners will be able to:
• Explain the core concepts and functions of financial management
• Analyze financial statements and interpret financial performance
• Apply capital budgeting techniques to investment decisions
• Evaluate sources of finance and cost of capital
• Demonstrate understanding of working capital management
• Make informed financial decisions in real-world business scenarios

Module 1: Introduction to Financial Management

• Meaning, nature, and scope of financial management
• Objectives of financial management (profit vs wealth maximization)
• Role and responsibilities of a financial manager
• Financial environment and markets
• Time value of money (present value and future value concepts)

Module 2: Financial Statement Analysis

• Introduction to financial statements (Income Statement, Balance Sheet, Cash Flow Statement)
• Ratio analysis:
  o Liquidity ratios
  o Profitability ratios
  o Efficiency ratios
  o Leverage ratios
• Comparative and trend analysis
• Limitations of financial analysis

Module 3: Capital Budgeting Decisions

• Meaning and importance of capital budgeting
• Techniques of investment appraisal:
  o Payback Period
  o Net Present Value (NPV)
  o Internal Rate of Return (IRR)
• Risk and uncertainty in investment decisions
• Capital rationing

Module 4: Financing Decisions and Cost of Capital

• Sources of finance (short-term and long-term)
• Equity, debt, and preference shares
• Cost of capital:
  o Cost of debt
  o Cost of equity
  o Weighted Average Cost of Capital (WACC)
• Capital structure theories (traditional and Modigliani-Miller approach)
• Leverage analysis (operating and financial leverage)

Module 5: Working Capital and Dividend Management

• Concept and importance of working capital
• Management of:
  o Cash
  o Inventory
  o Receivables
• Working capital cycle
• Dividend decisions and policies
• Factors affecting dividend policy

Project