• To introduce researchers to the elements of financial analysis tools.
• To enhance their problem-solving and decision making abilities in financial specialization
Financial Statement Analysis: Introduction; meaning and objectives, types of financial analysis, devices used in analyzing financial statements: comparative statements, comparative balance sheet, comparative income statement.
Trend Analysis: Trend percentages: computation of trend percentages
Ratio analysis: Meaning and rationale, basis of comparison, types of ratios, importance and limitations .
Cash Flow Analysis:
Introduction, concept of cash, actual and notional, use of cash flow, construction of cash flow statement
Capital Structure: Concept, factors affecting capital structure, Theories of Capital Structure: Net Income Theory, Net Operating Income Theory, Traditional Theory, Modigliani-Miller Theory, Modern theories of capital structure.
Financial and Operating Leverage – Introduction; Meaning of Financial Leverage; Measures of Financial Leverage; Calculation of Earnings Per Share (EPS) and Return on Equity (ROE); Financial and Operating Leverages
Capital budgeting; concepts, role and relevance, methods of capital budgeting.
Cost of Capital: concept add limitations, sources of capital, calculation of cost of capital of all sources, weighted average cost of capital
Standard Costing and Variance Analysis: Meaning of standard cost and standard costing, advantage, limitations and applications, Variance Analysis-Material, Labour, Overhead and Sales Variance
• Financial Management – Khan and Jain(Tata McGraw Hill)
• Management Accounting – S. K. Singh( Sun India Publications)
• Business System - N.P. Agarwal and R.K. Tailor( RBSA Publishers)
• Management Accounting – S. N. Maheshawari(S. Chand & Sons.)
• Principles of Financial Management: N.P. Agarwal and R. K. Tailor, Pointer Publishers, Jaipur
• Financial management : I M Panday (Vikas Publishing House)
• Corporate Financial management: Basant Raj (Tata McGraw Hills)
• Financial Management: S C Kucchal ( Chaitnaya Publishing House)
• Chandra, P., “Financial Management- theory and practice”, (Tata Mc Graw Hill).
• Rustagi, “Fundamentals of Financial Management”,( Galgotia Publishing House,Delhi)
• Khan M.Y- Indian Financial Management, Tata Mc Graw Hill, India
• Maheshwari S.N –Financial Management, Sultan Chand and Sons, New Delhi
• Horne, J.C. Van., “Fundamentals of Financial Management”, 9th ed. (New Delhi Prentice Hall of India 1995).