Description

Strategic Financial Management

TYBMS Semester VI

Syllabus

1. Dividend Decision and XBRL (15 Lectures)
(a) Dividend Decision : Meaning and Forms of Dividend, Dividend – Modigliani and Miller’s Approach, Walter Model, Gordon Model, Factors Determining Dividend Policy, Types of Dividend Policy
(b) XBRL : Introduction, Advantages and Disadvantages, Features and Users

2. Capital Budgeting and Capital Rationing (15 Lectures)
(a) Capital Budgeting : Risk and Uncertainty in Capital Budgeting, Risk Adjusted Cut-off Rate, Certainty Equivalent Method, Sensitivity Technique, Probability Technique, Standard Deviation Method, Co-efficient of Variation Method, Decision Tree Analysis, Construction of Decision Tree
(b) Capital Rationing : Meaning, Advantages, Disadvantages, Practical Problems

3. Shareholder Value and Corporate Governance / Corporate Restructuring (15 Lectures)
(a) Shareholder Value and Corporate Governance : Financial Goals and Strategy, Shareholder Value Creation : EVA and MVA Approach, Theories of Corporate Governance, Practices of Corporate Governance in India
(b) Corporate Restructuring : Meaning, Types, Limitations of Merger, Amalgamation, Acquisition, Takeover, Determination of Firm’s Value, Effect of Merger on EPS and MPS, Pre-Merger and Post-Merger Impact

4. Financial Management in Banking Sector and Working Capital Financing (15 Lectures)
(a) Financial Management in Banking Sector : An Introduction, Classification of Investments, NPA and Their Provisioning, Classes of Advances, Capital Adequacy Norms, Rebate on Bill Discounting, Treatment of Interest on Advances
(b) Working Capital Financing : Maximum Permissible Bank Finance (Tandon Committee), Cost of Issuing Commercial Paper and Trade Credit, Matching Approach, Aggressive Approach, Conservative Approach