Student will acquire
• Nuances involved in short term corporate financing.
• Good ethical practices.
UNIT I INDUSTRIAL FINANCE
Indian Capital Market – Basic problem of Industrial Finance in India. Equity – Debenture financing –Guidelines from SEBI, advantages and disadvantages and cost of various sources of Finance – Finance from international sources, financing of exports – role of EXIM bank and commercial banks.– Finance for rehabilitation of sick units.
UNIT II SHORT TERM-WORKING CAPITAL FINANCE
Estimating working capital requirements – Approach adopted by Commercial banks, Commercial paper- Public deposits and inter corporate investments.
UNIT III ADVANCED FINANCIAL MANAGEMENT
Appraisal of Risky Investments – certainty equivalent of cash flows and risk adjusted discount rate – risk analysis in the context of DCF methods using Probability information – nature of cash flows -Sensitivity analysis – Simulation and investment decision, Decision tree approach in investment decisions.
UNIT IV FINANCING DECISION
Simulation and financing decision – cash inadequacy and cash insolvency – determining the probability of cash insolvency- Financing decision in the Context of option pricing model and agency costs- Inter-dependence of investment- financing and Dividend decisions.
UNIT V CORPORATE GOVERNANCE
Corporate Governance – SEBI Guidelines- Corporate Disasters and Ethics-Corporate Social Responsibility- Stakeholders and Ethics- Ethics, Managers and Professionalism.
TOTAL: 45 PERIODS
• Good ethical corporate manager.