Dr. Rana Singh www.ranasingh.org Professor in Management, Assistant Dean Auro University, Surat, Gujarat http://www.aurouniversity.edu.in MBA (Finance), Gold Medalist, Ph.D. Mob: 7405833776 E-mail: dr.ranasingh@gmail.com, singh_rana@yahoo.com Course Outline Course: Financial Management in Retail Credit: 01 Instructor: Dr. Rana Singh Contact e-mail: dr.ranasingh@accurate.in, singh_rana@yahoo.com Ph. No. : 91-120-2328234 Extn-408 Website: http://www.ranasingh.org Introduction: The Financial Management in Retail course focuses at introducing the students about the various aspects of corporate finance which facilitates the decision making domain pertaining to financing, investment and dividend decisions. This course aims at providing the inputs related to the three major decision areas of financial management of an organization. This course will give the introduction and conceptual understanding about the various topics of corporate finance. Course objective: The primary objective of this course is to familiarize the student with basic concepts of corporate finance which is the life blood of any business and its various decision variables in the areas of financing, investment and dividend decisions. Pedagogy The learning process will be a blend of interactive sessions, spreadsheet handling, presentations, case studies, group discussions, projects, and assignments. Recommended Text Books: 1. Khan, M.Y. and Jain, P.K., Financial management, Tata McGraw Hill. 2. Bhalla, V.K. Financial Management and Policy, Anmol Publications. 3. Pandey I.M., Vikas Publishing Reference Books (If any): 1. Haley, Schal, Introduction to Financial Management, Tata McGraw Hill, New Delhi. 2. Pandey, I. M., Financial Management, Vikas Pub., New Delhi. 3. Van Horne, James C., Financial Management and Policy, Prentice Hall of India, New Delhi. 4. Mao, James C. T., Quantitative Analysis of Financial Decisions, Macmillan. 5. Solomon, Ezra, The Theory of Financial Management, Columbia University Press, NY. 6. Bierman, Harold and Smidt, Seymour, Capital Budgeting Decision, Collier. 7. Hampton, John J., Financial Decision Making, Prentice Hall of India, New Delhi. 8. Agarwal, J. D., Readings in Financial Management, IIF Publication. 9. Maheshwari S. N., Financial Management, Principles & Practice, Sultan Chand & Sons. 10. Bhalla, V. K., Financial Management and Policy, Anmol. 11. Prasanna Chandra, Financial Management, Theory and Practice, Tata McGraw Hill. 12. Shashi K. Gupta and R. K. Sharma, Financial Management – Theory and Practice, Kalyani. Evaluation System Class 10 Participation Assignment 10 Quiz 10 Projects 10 Mid-Term 20 End-Term 40 Total 100 Session Theme No. 1 2 Fundamentals of Corporate Finance, Introduction of Corporate Finance, Financial Management Vs. Management Accounting Financial Management: An Overview Concept of Profit Maximization vs. Value Reading Material Financial Management : An Overview, Chapter 1, FM, Khan and Jain Financial Management and Policy: An Overview, FM –VK Bhalla Financial Management : An Overview, Chapter 1, FM, Khan and Jain Maximization Financial Management and Policy: An Overview, FM –VK Bhalla 3 Concept and Measurement of Cost of Capital Concept and Measurement of Cost of Capital, Chapter 12, FM, Khan and Jain Cost of Capital –Chapter-22 FM –VK Bhalla 4 Concept and Measurement of Cost of Capital Concept and Measurement of Cost of Capital, Chapter 12, FM, Khan and Jain Cost of Capital –Chapter-22 FM –VK Bhalla 5 Cost of Capital –Problems and Case Study Theory and Problems in Financial Management by Khan and Jain Financing Decisions Chapter 14, FM, Khan and Jain Operating, Financial and Combined leverage Chapter 23, FM, V K Bhalla Financing Decisions Chapter 14, FM, Khan and Jain Operating, Financial and Combined leverage Chapter 23, FM, V K Bhalla 6 7 8 9 Capital Structure: Cost of Capital and Valuation Capital Structure: Cost of Capital and Valuation Chapter 15, FM, Khan and Jain Chapter 24, FM, V K Bhalla Chapter 15, FM, Khan and Jain Chapter 24, FM, V K Bhalla Chapter 16, FM, Khan and Jain 10 Designing Capital Structure Chapter 25, FM, V K Bhalla Chapter 16, FM, Khan and Jain 11 Designing Capital Structure Chapter 25, FM, V K Bhalla 12 Long Term Financing: Capital Markets Chapter 17, FM, Khan and Jain Case Study of Indian Capital Markets Chapter 18, FM, Khan and Jain 13 Equity /Ordinary Shares Case Study of Indian Primary Market and Secondary Market 14 15 Term Loans, Debentures / Bonds and Securitisation Hybrid Financing Chapter 19, FM, Khan and Jain Case Study of Indian Debt Market and Secondary Market Chapter 20, FM, Khan and Jain Instruments Case Study of Indian Debt Market and Secondary Market Mid-Term 16 Leasing and Hire-Purchase 17 Venture Capital Financing Chapter 21, FM, Khan and Jain Chapter 22, FM, Khan and Jain Case Study of Indian Venture Capital 18 Analysis of Risk and Uncertainty Chapter 13, FM, Khan and Jain Chapter 18, FM, V K Bhalla 19 Derivatives: Managing Financial Risk Chapter 23, FM, Khan and Jain Chapter 30 FM, VK Bhalla 20 Dividend and Valuation Chapter 24, FM, Khan and Jain Chapter 26 FM, VK Bhalla 21 Dividend and Valuation Chapter 24, FM, Khan and Jain Chapter 26 FM, VK Bhalla 22 Dividend Policy and Determinants of Dividend Policy Chapter 25, FM, Khan and Jain Chapter 27 FM, VK Bhalla 23 Dividend Policy and Determinants of Dividend Policy Chapter 25, FM, Khan and Jain Chapter 27 FM, VK Bhalla 24 Dividend Policy and Determinants of Dividend Policy Chapter 25, FM, Khan and Jain Chapter 27 FM, VK Bhalla 25 Theory of Working Capital Chapter 26, FM, Khan and Jain Management Chapter 7 FM, VK Bhalla 26 Planning of working Capital Chapter 27, FM, Khan and Jain Chapter 7 FM, VK Bhalla 27 Working Capital Financing Chapter 28, FM, Khan and Jain Chapter 12 FM, VK Bhalla 28 Management of Cash and Marketable Securities Chapter 29, FM, Khan and Jain Chapter 8 FM, VK Bhalla 29 Receivables Management Chapter 30, FM, Khan and Jain Chapter 10 FM, VK Bhalla 30 Inventory Management Chapter 31, FM, Khan and Jain Chapter 11 FM, VK Bhalla Journals for Articles and cases 1. Journal of Finance, published by American Finance Association –www.afajof.org 2. Finance India, published by Indian Institute of Finance. www.financeindia.com 3. ICFAI Journal published by ICFAI. Magazines to Refer: 1. Dalal Street 2. Outllook Money 3. Business India 4. Business Today 5. The Economist 6. Investor Business Newspapers to be read: 1. The Economic Times 2. Financial Express 3. Business Line 4. Live Mint 5. Business Standard Websites 1. www.indiainfoline.com 2. www.myiris.com 3. www.finweb.com 4. www.finance-research.net 5. www.emergingfinance.ch 6. www.spreadsheetmodeling.com 7. www.financialmanagement.org 8. www.capitalmarket.com 9. www.bseindia.com 10.www.nseindia.com Association / Memberships 1) American Finance Association –Free online membership for students. www.afajof.org 2) Asian Finance Association - www.fma.org 3) Indian Commerce Asociation –www.icaindia.net 4) All India Management Association –www.aima-ind.org 5) Association of financial Professionals –www.afponline.org 6) European Finance Association - www.efa-online.org 7) Midwest Finance Association - www.midwestfinance.org 8) Eastern Finance Association –www.easternfinance.org 9) Southern Finance Association –www.southernfinance.org 10) The Chinese Finance Association- www.aimhi.com/VC/tcfa