POST GRADUATE DIPLOMA IN INVESTMENT MANAGEMENT

SEMESTER-I  Paper-I: Financial Management  Paper-II:: Techniques of Financial Analysis  Paper-III : Managerial Economics  Paper-IV: Accounting for Managers SEMESTER-II  Paper-V: Investment Management  Paper-VI: Marketing of Financial Services  Paper-VII: International Financial Management  Paper-VIII: Taxation: Direct and Indirect Taxes  Project Report(Dissertation) Page 2 of 11 SEMESTER-I PAPER – I: FINANCIAL MANAGEMENT Unit 1: Financial Management Overview:  Evolution  Objectives/Goals  Functions and Scope  Relationship of Finance to Economics and Accountancy  Emerging Role of the Financial Manager Unit 2: Valuation Concepts in Financial Decisions:  Time Value of Money – Compound Value, Future Values, Net Present Value  Present Value of Bonds and Shares  Risk and Returns – Theory, Evidence and Application Unit 3: Investment Decisions: Long Term Investments:  Techniques of Capital Budgeting  Risk Analysis in Capital Budgeting  Cost of Capital Unit 4: Investment Decisions: Short Term Investments:  Working Capital Management  Principles of Working Capital  Management of Cash  Management of Accounts Receivables  Management of Inventories  Working Capital Finance Unit5: Financing and Dividend Decisions:  Financial and Operating Leverage  Capital Structure Theories  Dividend Theories and Policy  Long Term Sources of Finance o Equity Share Capital – recent trends in equity finance o Debt as a Source of Finance – innovations in debt market o New Instruments References: (1) Prasanna Chandra; Financial Management: Theory and Practice; Tata McGraw Hill. (2) Pandey; I.M.; Financial Management; Vikas Publications (3) Van Horne and Wachowicz; Fundamentals of Financial Management; Practice–Hall Publications. (4) Brearley and Myers; Principles of Corporate Finance, Tata McGraw Hill.