The field of finance is broad and dynamic. It directly affects the lives of every person, every organization (private, public, governmental and non-governmental, business and not-for-profit). Financial management is concerned with the duties of the financial manager in the business firm where he manages the financial affairs of the business. The tasks performed by a financial manager include planning, extending credit to customers, evaluating proposed large expenditures, and raising money to fund the firm’s operations.

In recent years, the changing economic and regulatory environments have increased the importance and thus complexity of financial management. It was need of the time to revise/update the course contents of the subject to serve the following:

• To acquaint the students about the Pros and cons of Financial planning and analysis
• To inculcate the ways and means how to manage the operating financial activities of an organization efficiently and in the most cost-effective manner.
• To equip the students with the tools and techniques for appraising various investment proposals.
• To give a fair enough knowledge in respect of assessing risk in the investment undertakings and ways to mitigate the risks up to the maximum level.
• To find the best possible financing mix to finance the proposed investments.
• To explore ways other than bank loans for financing capital investments.

• The ability to use the designation CFMP on your business card and resume.
• Up to 12-month membership to the IFM professional body.
• Access to the IFM risk management network and body of information online.
• Membership to the only professional body recognized by the IFPM, one of the world’s leading professional manager organizations.Qualification for entry into the Accredited Financial Analyst (AFA) program by Global Academy of Finance and Management based in USA.
• Qualification for entry into the Level 7 Diploma in Strategic Leadership and Management, the highest education level in UK.

Module 1: An Overview of Financial Management

• Types of Finance
• Finance within the organization
• Forms of business organization
• Types of business organizations
• Financial management functions

Module 2: Financial Planning and Analysis

• Financial Statement
• AnalysisIncome statemen
• Balance sheetCash flow statemen
• Ratio analysisForecasting
• Financial Statements

Module 3: Working Capital Management

• Working Capital terminologies and issues
• Operating cycle
• Cash conversion cycle
• Alternative current assets
• Cash and Marketable Securities Management

Module 4: Capital Budgeting and Estimated Cash Flow

• Overview of capital budgeting process
• Estimating project “After-Tex incremental operating cash flows”
• Capital Budgeting Techniques
• Project evaluation and selection: Alternative Methods
• Risk and Managerial Options in Capital Budgeting

Module 5: Long-term Financing

• Capital structure and cost of capital
• Types of long-term debt instruments
• Bonds and their features
• Preferred stock and its features
• Common stock and its features

Module 6: Leverage and Business Risk

• Operating leverage
• Financial leverage
• Total leverage
• Other methods of analysis