Scope, Objectives, Functions, Role of Financial Manager and Interface of Financial Management with Other Functional Areas, Sources of Finance: Long Term, Short Term. Case Study: "Nike, Inc.: Cost of Capital"

Nature and Importance of Capital Budgetary Process, Basic Principles in Estimating Costs and Benefits of Investments, Appraisal Criteria – Pay Back Period, Average Rate of Return, Net Present Value, Time Value of Money, Benefit Cost Ratio, Internal Rate of Return. Case Study: "The Boeing 7E7"

Cost of Capital - Cost of Debt, Cost of Equity, Cost of Preferred Stock, Weighted Average Cost of Capital. Capital Structure-Introduction, Factors Affecting Capital Structure, Capital Structure Theories: Net Income Approach, Net Operating Income Approach, Miller and Modigliani Propositions I and II. Concept of leverage - Financial, Operational and Combined. Case Study: "Tesla: Financing Growth"

Introduction, Dividend Decisions and Valuation of Firms, Determinants of Dividend Policy, Dividend Theories – Relevance and Irrelevance: Walter, Gordon and MM Hypothesis, Bonus Issues, Stock Split, Buy Back of Shares, Tax Issues. Case Study: "The Dividend Policy of Coca-Cola"

Concepts, Needs, Determinants, Issues and Estimation of Working Capital, Working Capital Finance: Trade Credit, Bank Finance and Commercial Paper. Case Study: "Dell Working Capital"