Includes index.

Contents: Scope and objective of financial management -- Financial statement analysis -- Ratio analysis -- Funds flow and economic value added analysis -- Cash flow analysis -- Analysis of operating and financial leverages -- Time value of money -- Cost of capital -- Capital structure decisions -- Dividend and retention policies -- Project planning and control -- Captial budgeting techniques -- Lease or buy decisions -- Working captial planning -- Inventory management -- Receivables management -- Management of cash marketable securities -- Sources of working capital finance -- Financial strategy and planning -- Project cashflows estimation -- Risk evaluation in captial budgeting -- Captial, debt and stock markets -- Equity, debt and money market instruments -- Securities analysis and stock market behaviour -- Financial services and institutions -- Depositories and mutual funds -- Derivatives and option pricing theory -- Investment management and risk- return analysis -- Captial asset pricing model and modern portfolio theory -- Mergers and acquisitions -- Business restructuring and industrial sickness -- International monetary and financial system -- Foregin exchange exposure and risk management -- Sources of international long-term finance -- International trade finance -- Financial management in public sector.