Concept and scope of Financial Management – Financial goals of corporations – capital Budgeting Rules of the thumb and discounted cash flow approaches – Incorporating uncertainty in investment decision–designing an optimal capital structure – Weighted average cost of capital and the controversy surrounding the Modigliani and Miller model, sources of raising short term, intermediate and long-term finance – Role of public and convertible debentures–Norms and guidelines regarding debt-equity rations – Determinants of an optional dividend policy– optimising models of James E. Walter and John Lintner– Forms of dividend payment – Structure of working capital and the variable, affecting, the level of difference of components – Cash flow approach of forecasting working capital needs – Profiles of working capital in Indian industries – Credit management and credit policy – Consideration of tax in relation to financial planning and cash flow statements.

Organisation and deficiencies of Indian Money Market structure of assets and liabilities of commercial banks – Achievements and failures of Nationalisation – Regional rural banks – Recommendations of the Tandon (P.L) study group on following of bank credit, 1976 and their revision by the Chore (K.B) Committee, 1979 – An assessment of the monetary and credit policies of the Reserve Bank of India- Constituents of the Indian Capital Market – Functions and working of All India term financial institutions (IDBI. IFCI. ICICI and IRCI) – Investment policies of the Life Insurance Corporation of India and the Unit Trust of India – Present State of stock exchanges and their regulation.

Provision of the Negotiable instruments Act, 1881.

Crossings and endorsements with particular reference to statutory protection to the paying and collecting bankers – Salient provision of the Banking Regulation Act, 1949 with regard to chartering, supervision and regulation of banks.