MFM 131 CORPORATE ACCOUNTING No. of Hrs: 55 Primary Objective: corporate accounting Secondary objective:

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1 MFM 131 CORPORATE ACCOUNTING No. of Hrs: 55 Primary Objective: 21 st century corporate world is not restricted to single business and national boundaries. The Corporate need to have a global perspective and grow accordingly. The objective of including corporate accounting is to give a clear understanding and knowledge to the students in the area of corporate accounting and other related matters. Secondary objective: To acquaint students with public issue process and accounting effects. To understand the AS14 accounting procedures for mergers and takeovers. To comprehend the reconstruction accounting procedure in Indian. Introduce students to the business valuation methods. To equip students with the knowledge of global accounting practices and recent developments in accounting profession UNIT I Raising of Corporate Finance and Accounting procedures (8 Hrs) Meaning kinds of Shares Problem on issue and allotment of shares - Calls in arrears and calls in advance over subscription and under subscription Issue of shares at premium, discount Forfeiture of shares - Reissue of forfeited shares Issue of shares to the Vendors issue of shares to the Promoters. Meaning of Debentures, Types of Debentures, Shares vs. Debentures Issue of Debentures, Problems on Issue of Debentures, Entries and Accounts. UNIT II Final Accounts of Limited Liability Companies: (10 Hrs) Preparation of Income Statement/Profit and Loss Account, Profit and Loss Appropriation Account and Balance Sheet (horizontal and vertical) in accordance with the provisions of the existing Companies Act (Excluding Managerial Remuneration). UNIT III Amalgamation, Absorption and External Reconstruction (12 Hrs) Meaning and difference between Amalgamation, absorption & external reconstruction- Types of amalgamation, Accounting Standards-14 Calculation of Purchase consideration under Different Methods, Settlement of purchase consideration Problems on Amalgamation, Absorption and External Reconstruction. UNIT IV Internal Reconstruction (6 Hrs) Meaning Forms of Reconstruction Alteration of Capital and capital Reduction Internal Reconstruction vs. Amalgamation Internal Reconstruction Internal Reconstruction vs. Absorption vs. External Reconstruction Scheme for Internal Reconstruction of a company. Practical problems.

2 UNIT V Valuation of Goodwill and Shares (7Hrs) Meaning of goodwill, Methods of valuation of goodwill, Need of valuation of goodwill, valuation of shares - Different Methods of valuation of shares, Need of valuation of shares. UNIT VI Valuation of Business (4Hrs) Valuation of entire business elements of business valuations- Income asset and market approaches of business valuations UNIT VII International Accounting (4Hrs) Introduction Causes of international differences some major differences in financial reporting, International classification of financial reporting Financial reporting in USA, UK, Australia and France. UNIT VIII International Financial Reporting Standards (4Hrs) Indian Accounting Standards-Accounting Standards on Cash flow reporting, Valuation of inventories, Depreciation Policies, Consolidated reporting by Holding Companies (simple problems), IFRS (International financial reporting standards)-introduction to US GAAP, Skill Development: This course is intended to develop students to take up accounting as a profession with practical skills in the Indian and global organizations. Specifically the following skills are learned in the course of study. 1. Collect any three recent public issues Red herring Prospectus and discuss its contents. The report should contain information of. Price band,. bidding period,. Minimum lot,. category of Investors, mode of payment. The Issuer,. Book Running Lead Managers. Syndicate Members. Bidding Centers. Escrow Bankers. Registrars The copy of the Prospectus has to be attached with the report. 2. Students are required develop the scheme of internal reconstruction of a company which is undergoing consistent losses. 3. Collect the details of two mergers cases in India and abroad and discuss its motives, deal price and effect on balance sheet. Books: 1. Jain and Narang, Corporate Accounting, Kalyani Publishers

3 2. R.L.Gupta, Radhaswamy,Advanced Accounting, Volume 2, sultan chand and company, Delhi 3. M.C.Shukla and Grewal, Advanced Accounting, Volume 2,Sultan chand and company, Delhi 4. T.P.Ghosh, Accounting Standards and Corporate Accounting practices-with special emphasis on International Accounting standards, Taxmann Alied Services private Limited. 5. B.S. Raman- Advanced Accountancy VOLUME I&II 6. Shukla and Grewal- Advanced Accountancy VOLUME I&II 7. Jain and Narang- Advanced Accountancy VOLUME I&II 8. S.N. Maheshwari- Corporate Accounting 9. James A Schweikart International Accounting: A Case Approach McGraw Hill 10. Paul E Holt International Accounting, 6/e Dame Publications Books Recommended: R.L.Gupta, Radhaswamy,Advanced Accounting, Volume 2, sultan chand and company, Delhi

4 MFM 132 CONTEMPORARY MANAGEMENT Total Hrs: 55 Objective: The objective is to enable students to practice, negotiating real world business and also to learn the changes, challenge, new rules & innovations in the contemporary business. Specific Objectives: The course is specifically designed to let the students critically evaluate business scenarios and set a framework into the managerial aspects of business. An indepth look into the Business and its Environment and the managerial skill required to lead from the front is the focus of this course. Global business environment and how a business could go global and be a world class business also forms a major part of the learning. UNIT I 6 hrs BUSINESS IN A GLOBAL ENVIRONMENT Business: Blending People, Technology, and Ethical Behavior The Six Eras in the History of Business, The Colonial Period The Industrial Revolution. The Age of the Industrial Entrepreneur. The Production Era. The Marketing Era The Relationship Era, Managing the Technology Revolution, From Transaction Management to Relationship Management. Strategic Alliances and Partnerships Creating Value through Quality and Customer Satisfaction. Competing in a Global Market. Productivity: Key to Global Competitiveness. Developing and Sustaining a World-Class Workforce. Preparing for Changes in the Workforce. Reaping the Benefits of Diversity. A New Type of Manager, Importance of Vision. Importance of Critical, Thinking and Creativity. Ability to Steer Change, UNIT II 5 hrs Achieving Business Success by Demonstrating Ethical Behavior and Social Responsibility Concern for Ethical and Societal Issues, Individual Business Ethics, Development of Individual Ethics. On-the-Job Ethical Dilemmas, How Organizations Shape Ethical Conduct Ethical Awareness. Ethical Reasoning. Ethical Action. Ethical Leadership, Controlling Business Behavior through Government Regulation, Acting Responsibly to Satisfy Society Responsibilities to the General Public. Responsibilities to Customers Responsibilities to Employees. Responsibilities to Investors and the Financial Community UNIT III 6 hrs Global Economic Challenges of the 21st Century The Shift toward a Global Information Economy. Effect of an Ageing Population Improving Quality and Customer Service. Maintaining the Competitiveness of the Workforce. Creating a Long-Term Global Strategy. Why Nations Trade

5 International Sources of Factors of Production. Size of the International Marketplace. Major World Markets. Absolute and Comparative Advantage Measuring Trade Between Nations Barriers to International Trade Social and Cultural Differences. Economic Differences. Political and Legal Differences. Types of Trade Restrictions Reducing Barriers to International Trade Going Global From Multinational Corporation to Global Business International Organization Structures. UNIT IV 6 hrs Starting Your Own Business: The Entrepreneurship Alternative What Is an Entrepreneur. Categories of Entrepreneurs. Reasons to Choose Entrepreneurship as a Career Path Being One's Own Boss. Financial Success. Job Security. Quality of Life The Environment for Entrepreneurs. Globalization. Education. Entrepreneurship around the World. The Influence of Entrepreneurs on the Economy Innovation. Job Generation Diversity. Characteristics of Entrepreneurs Vision. High Energy Level. Need to Achieve Self-Confidence and Optimism. Tolerance for Failure. Creativity. Tolerance for Ambiguity. Internal Locus of Control. Starting a New Venture. Selecting a Business Idea. Creating a Business UNIT V Management, Leadership, and the Internal Organization 12 hrs What Is Management? The Management Hierarchy. Skills Needed for Managerial Success. Special Skills for Overseas Managers. Managerial Functions The Need for Vision The Importance of Planning. Types of Planning. Planning at Different Organizational Levels. The Strategic Planning Process. Defining the Organization's Mission. Assessing Competitive Position. Setting Objectives for the Organization. Creating Strategies for Competitive Differentiation. Implementation: Turning Strategy into Action. Monitoring and Adapting Strategic Plans. Managers as Decision Makers. Programmed and Nonprogrammed Decisions. How Managers Make Decisions Managers as Leaders. Leadership Styles. Which Leadership Style Is. Best?. Corporate Culture Structure in Organizations. Departmentalization. Delegating Work Assignments. Types of Organization Structures. Comparing the Four Types of Organization Structure. Coordination and Control. Change Management. Organizational Climate. UNIT VI 8 HRS Human Resource Management and Motivation Human Resource Management: A Vital Organizational Function Human Resource Planning. Recruitment and Selection. Finding Qualified Candidates. Selecting and Hiring Employees. Orientation, Training, and Evaluation. Training Programs. Performance Appraisals. Compensation Employee Benefits. Flexible Benefits. Flexible Work. Employee Separation. Downsizing. Outsourcing. Motivating Employees

6 Maslow's Hierarchy of Needs Theory. Motivating Employees through Job Design. Motivating Employees through Managers' Attitudes. Human Resources Concerns for the 21st Century Demographic Trends. Workforce Trends. Economic Trends. Work/Life Trends UNIT VII 7 hrs Improving Performance through Empowerment, Teamwork, and Communication Empowering Employees Sharing Information. Sharing Decision-Making Authority. Linking Rewards to Company Performance. Teamwork. What Is a Team? Team Characteristics Team Size. Team Roles. Team Diversity. Teamwork in Small Organizations. The Process of Forming Teams. Stages of Team Development. Team Cohesiveness. Team Norms. Team Conflict. Styles of Conflict Resolution The Importance of Effective Communication UNIT VIII 5 hrs The Process of Communication. Basic Forms of in Teams. Communication Outside the Organization.Communication Technology Benefits of Communication Technology. Challenges of Communication Technology. International Business Communication UNIT IX 2 Hrs Service Learning- Introduction to service learning concepts, Types of Service learning, Significance of Service Learning, Phases of service learning BOOKS FOR REFERENCE: 1. Stoner, Freemen, Gilbert Jr, Management, Prentice Hall 2. Koontz, Weihrich, Essentials of Management, Mc.Graw Hill 3. S.L Gupta, Anurag Mittal, Dr. Sunil K. Gupta, Case Studies in Management, Wisdom Publications 4. R.K Sharma, Shashi Gupta, Business Management, Kalyani Publishers 5. L.M. Prasad, Principles and Practice of Management, Sulthan Chand publishers 6. Boone and Kurtz, Contemporary Business Harcourt College Publishers, 2002 Books Recommended: Stoner, Freemen, Gilbert Jr, Management, Prentice Hall

7 MFM 133 INDIAN FINANCIAL SYSTEM Objective: Financial system of a country is closely related to the economic development. There is drastic change in the functioning of financial system in this era of liberalization, privatization and globalization. The purpose of including Indian Financial system as a subject is to give a clear understanding and knowledge of Indian Financial system in the present scenario. Specific Objectives 1. To study about the money market and capital market operations in India. 2. To understand the functions of various financial institutions. 3. To study about the stock market operations and public issue process in New issue market. 4. To understand about the regulatory bodies and guidelines governing the market operations. UNIT I (8 Hrs) Overview of Financial System Introduction & Meaning of Financial System, Requirements of well functioning financial system Structure of Indian Financial System Objectives and Functions of Financial System, Financial System and Economic development., Financial sector reforms in India. UNIT II (3 Hrs) Financial Instruments Features of Financial Instruments, Types of Financial Instruments, New Financial Instruments, OFFSHORE Financing Instruments ADR, GDR and FCCB UNIT III (8 Hrs) Money Market Meaning, Structure of Money Market in India, Call money market, Treasury bill market Commercial bill market, Repo and Reverse Repo, Certificate of Deposit and Commercial Paper, Reforms and Development in the Money Market UNIT IV (10 Hrs) Capital Market Structure of Indian Capital Market, Functions of Capital Market, Classification of capital market, Government security Market,Industrial security Market Primary Market and Secondary Market, Long-term loans and Financial guarantee Market (Debt Market) Derivatives Market, Depository system Regulatory authority of capital market SEBI., Stock Exchanges in India Reforms in the capital market during post liberalization period

8 UNIT V (9 Hrs) Money Market related Financial Institutions Reserve Bank of India, Functions of RBI, Monetary policy and credit control, Commercial Banks, Regional Rural Banks, Co-operative Banking sector, NABARD, Indigenous Banks. UNIT VI (10 Hrs) Capital Market related Financial Institutions Development Banks, Functions & Importance, IDBI, IFCI, SIDBI, SFC, EXIM Bank, Non Banking Financial Institutions, Insurance companies. UNIT VII Financial Services (9 Hrs) Innovative Financial Services Meaning and importance - Mutual Funds, Venture Capital Finance, Credit Rating, Factoring, Merchant Banking- functions, Lease Financing and hire purchase. Skill Development 1. Students are required to consult a BRLM and collect the details of proceeding of a latest public issue. 2. Students to go to stock market /brokers and participate in actual trading and submit a report. 3. Micro study on impact of inflation on money market instruments. 4. Compare our market with international markets and submit a report. Books for Reference: 1) Vasant Desai, Indian Financial System and Development,Himalaya Publishing House. 2) Bharathi Patak,Indian Financial System, 3) Gordan and Natarajan,Indian Financial System,Himalaya Publishing House. 4) M.Y.Khan,Indian Financial System,,Tata Mc Graw Hill Books Recommended: Bharathi Patak,Indian Financial System,

9 MFM 134 QUANTITATIVE TECHNIQUES FOR BUSINESS DECISIONS Course Objective: To equip young managers with tools that support them in the decision making process. Specific Objectives : LPP helps in learning resource optimization techniques Sequencing supports in planning operations in an organization PERT assists in planning and executing major business projects UNIT I Basics of Operations Research: 7 hrs Development of OR, Definitions, Characteristics, Phases of OR study, OR Models. UNIT II Linear Programming: 15 hrs Introduction, requirements and assumptions of LPP. Graphical method General form of LPP, Standard form, Basic concepts Feasible solution, BFS, Basic and non-basic variables, Degeneracy Simplex method, The Big M Method, Two phase Method, Special cases, Duality Advantages & disadvantages of LPP UNIT III 12 hrs Transportation and Assignment Models TP as a LP model, Nature and scope of transportation and allocation models, Methods of allocation, different methods for finding initial solution - N-W Corner Rule, Least Cost Method and VAM. Finding Unbalanced TP, Test for optimality MODI method, Degeneracy. Alternate methods of solution, Maximization problem AP a variant of Transportation model, Hungerian method, Travelling salesman problem UNIT IV 6 hrs Theory of Games Competitive games, Rules of game theory, Saddle point, Reduce game by Dominance, Solve for mixed strategies (2x2, 2xn,mx2,3x3 games),two person Zero sum game N person zero sum game UNIT V Queuing theory (waiting line) 8 hrs General structure of queuing system, Operating characteristics of queuing system, Probability distribution in queuing system, single and Multi server queuing models. UNIT VI Sequencing and Network models 12 hrs Processing 'n' jobs through 2 machines, Processing 'n' jobs through 3 machines. Precedence, events, activities, and dummies, Critical path analysis, float, PERT.

10 Skill development 1. Case analysis - to identify business problems and their formulation 2. Exposure to queuing systems helps in understanding customer service related issues 3. Identify major projects process, time for completion of activities Prescribed Text Quantitative Techniques in Management, by ND Vohra, TMH (3 rd edition) Books of Reference 1. Operations Research, J.K Sharma, McMillan 2. Operations Research, Frederick Hillier and Gerald Lieberman, TMH 3. Operations Research, V K Kapoor, Sultan Chand 4. Operations Research, Hamdy A. Taha, Mac-millan Pub. Co. Inc.

11 MFM 135 APPLIED FINANCIAL ECONOMICS Objective: Financial economics is developing at a blistering pace: the instruments, the technology, the applications, and the size of the markets. Students who aspire in a financial profession need a solid grounding in the fundamentals of this subject techniques provided by this subject provide substantial assistance to finance and investment areas. Total Hours: 55 UNIT 1: (3 hrs) Introduction to Financial Economics Introduction to financial economics Definition and meaning Scope Financial intermediation Financial system and economic development - Financial markets Primary markets Money markets - Bond Markets UNIT 2 Theoretical Foundation for Financial Economics (7 hrs) Introduction Risk and return - Sources of Risk - Risk Return Trade Off Time Value of Money Future value Present value - Types of investors Constraints in investments Goals of investors - Measuring risk -Newman Morgenstern Utility Index - Constructing N M Utility Index - Distinction between NM utility and neo-classical utility measurement - Risk Averter vs. Risk Lover (Attitude towards Risk) - Risk Lover s gamble - Risk Neutral Situation - Application of NM Utility Index - Risk Aversion and Insurance - Freidman Savage Hypothesis CAPM -Estimating Risk Free Rate and Market Premium Estimating firm s beta - Limitations of CAPM - Arbitrage Pricing Model Law of one price UNIT 3 Harry Markowitz s Model (3 hrs) Introduction Assumptions- Definition of risk - Markowitz s Portfolio theory Expected rate of returns- Variance and standard deviation Covariance of return Correlation Standard deviant of portfolio Efficient portfolio UNIT 4 Pricing Models (5 hrs) Neoclassical theory of the firm: the marginalist controversy - The Hall and Hitch Report and the Full-Cost' Pricing Principle, Gordon's Attack on Marginalism, In Defence of Marginalism

12 UNIT 5: A Representative Model of Average-Cost Pricing (5 hrs) Goals of the Firm, Demand and Cost Schedules, Price Determination: The 'Mark-Up' Rule Comparison with Pure Competition, Predictions of Average-Cost Pricing Theory in Changing Market Conditions, Critique of Average Cost Pricing UNIT 6: Limit-Pricing (Or Entry-Preventing Pricing) Bain's Limit-Pricing Theory (5 hrs) Barriers to Competition, Concepts of 'Competition' and 'Entry', Barriers to Entry, Bain's Empirical Findings, Industry Equilibrium, UNIT 7: Baumol's Theory Of Sales Revenue Maximisation (4 hrs) Rationalization of the Sales Maximization Hypothesis, Interdependence and Oligopolistic Behaviour, Baumol's Static and Dynamic Model UNIT 8: (5 hrs) Marris's Model of The Managerial Enterprise & Williamson's Model Of Managerial Discretion Goals of the Firm, Constraints, The Model: Equilibrium of the Firm, Maximum Rate of Growth and Profits, The Managerial Utility Function, Basic Relationships and Definitions, The Model. A Simplified Model of Managerial Discretion, The General Model of Managerial Discretion UNIT 9: The behavioural model of Cyert and March (3 hrs) The Firm as a Coalition of Groups with Conflicting Goals, Satisficing Behaviour, Means for the Resolution of the Conflict, The Process of Decision-making, Uncertainty and the Environment of the Firm, A Simple Model of Behaviourism. UNIT 10: Factor pricing (4 hrs) Factor Pricing - Factor Pricing in Perfectly Competitive Markets- wage and interest determination. UNIT 11 Security Valuation - Economic Analysis ( 3hrs) Interest rate exchange rate inflation GDP fiscal and monetary policies - Growth rate - Industry impact - Firm- specific attributes - Bond pricing fundamentals- Capital budgeting fundamentals

13 UNIT 12 Understanding of Stock Market Indices (3 hrs) Introduction - Utility of Indices- Methodology of Index Construction- Characteristics of Index- Major Stock Indices BSE Sensex- S&P Nifty- Nifty Junior- S&P CNX 500 World market indices - Market efficiency Weak form efficiency Semi- strong form efficiency Strong form efficiency Departure from market efficiency UNIT 13 (5hrs) Financial Sector Reforms Introduction Financial Sector Reforms Philosophy of Financial Sector Reforms Achievements - Areas of Concerns in Financial Sector Reforms - Money Market Reforms in India - Introduction Need for money market reforms - The recommendations of the Narismham Committee I - The recommendations of the Narismham Committee II Critical evaluation of money market reforms - Capital Market Reforms - Meaning of full convertibility Approaches to full convertibility Capital account convertibility Policy issues Initiatives in Indian context Advantages of CAC Precautions - Arguments against Full Convertibility - Risks in Volatile Capital Inflow References A. Jeff Madura, Financial Institutions and Markets, Thomson, UK, 2001 B. Koutsoyiannis, Modern Micro Economics, Macmillan Press Ltd., International Edition. C. V.K.Xavier, Financial Economics, Magi s Publications, Bangalore, D. Roy Baily The Economics of Financial Markets. E. 2005, F. Boddie, K.M., and Ryan,2003,Investments,McGraw-Hill G. Copeland,T.E. and J.F.Weston, 1988, Financial Theory and Corporate Policy, Addison Wesley. H. Hull,J.M,2003, Futures, Options and other Derivatives, Prentice Hall. I. Ross.S.A., Randolph W Westerfield, Bradford D Jordan, and Gordon S Roberts,2005, Fundamentals of Corporate Finance, McGraw-Hill. J. Robert C Radcliffe, Investment Concepts, Analysis and Strategies. K. Machiraju H R, Indian Financial System, Vikas Publishing House L. L.M. Bhole, Financial Institutions and Markets M. Donald E Fisher, Roland J Jordan, Security Analysis and Portfolio management, N. Eastern Economy Edition. O. Doglas Hearth and Jannis K Ziama, Contemporary Investment: Security and (Portfolio Analysis, The Dryden Press) P. Willam F Sharpe and Gordon J Alexander, Investments, prentice hall, India Q. J L. Farrell, Portfolio management Mc Grawhill R. Reghu Palat, Fundamental Analysis. S. Jay Shanken, The Arbitrage pricing Theory: is it testable? Journal of Finance; 37:5 T. Journal of Finance, Journal of Financial Economics, Econometrica Review of Financial Studies.

14 MFM 136 FINANCIAL MANAGEMENT Primary Objective: It is to familiarize students with the financial concepts, techniques, tools and decision making in business enterprises. The course provides a working knowledge of the tools and analytical conventions used in the practice of corporate finance. Secondary Objective: 1. Introduce to the fundamentals of financial management 2. To familiarize students with cost of capital, capital structure and capital budgeting, techniques to support for managerial decisions. 3. To acquaint students with corporate financial modeling and financial management of sick unit. Total Hrs: 55 UNIT I 6hrs Financial Management: Meaning, nature and scope of finance; financial goal - profit vs. wealth maximization; Investment, Financing and Dividend decisions - Finance functions organization structure functions of finance manager in 21st century Modern role - treasurer and controller. UNIT II 12hrs Cost of Capital: Meaning and significance of cost of capital: Calculation of cost of debt, preference capital, equity capital and retained earnings; Combined cost of capital (weighted); Cost of equity and CAPM; Leverages: Meaning and types of leverages in business Financial leverage and its impact on EPS Operating leverage combined leverage degree of leverages working capital leverages practical use of leverages. UNIT III 12hrs Capital Structure decisions Capital Structure & Market value of a firm. Theories of capital structure NI approach, NOI approach, Modigliani Miller approach, traditional approach. Arbitrage process in capital structure. Planning the capital structure: EBIT and EPS analysis. ROI & ROE analysis. Capital structure policy. Capitalization: Meaning and concept of capitalization Over and under capitalization comparison of book value and real value of shares overtrading and under trading. UNIT IV 10hrs Capital Budgeting: Nature of investment decisions; Investment evaluation criteria - net present value, internal rate of return, profitability index, payback period, accounting rate of return: NPV and IRR comparison; Capital rationing; Risk analysis in capital budgeting. UNIT V 7hrs Corporate Financial Modeling Agency problem and consideration. Effect of inflation on; Asset value, firm value, returns, Financial planning Basis of financial planning,

15 sales forecast method, Pro-forma P & L account method, Pro-forma balance sheet method, determination of External Financing Requirement (EFR). UNIT VI 4hrs Financial Management of sick units: Definition of sickness, causes, symptoms, predictions, revival strategies, institutions for revival of sick units. Economic Value Added (EVA) concept, components of EVA. Market Value Added (MVA) UNIT VII 4hrs Dividend Policies: Issues in dividend decisions, Walter's model. Gordon's model. M-M hypothesis. dividend and uncertainty, relevance of dividend; dividend policy in practice; Forms of dividends; stability in dividend policy; Corporate dividend behaviour. Skill development 1. Students are required to do EPS & EVA analysis of live listed companies. 2. Students are required to compute the cost of capital and leverage of listed companies. 3. Students are required to do a study on dividend practices of Indian companies. REFERENCE BOOKS: 1. Prasanna Chandra: Financial Management, (TMH), 6/e, 2. M.Y. Khan & P.K. Jain Financial Management, (TMH), 4/e, 3. I.M. Pandey Financial Management (Vikas), 9/e, 4. Brigham & Ehrhardt, Financial Management Theory & Practice, Thomson Learning, 10/e 5. Ross, Westerfield & Jaffe, Corporate Finance TMH 7/e, 6. Advanced Financial Management Sudhindra Bhat Excel Books. 7. Vanhorne, Financial Management & Policy, Pearson / PHI 8. Keown, Martin, Petty. Scott, Financial management :principles and applications PHI 9. Brearly and Myers, Principle of Corporate Finance TMH 7/e, Ashwath Damodaran, Corporate Finance Theory & Practice John Wiley, Pandey & Bhatt, Cases in Financial Management - TMH, 2/e, 12. Corporate Financial Strategy Ruth Bendel EL, Sevier India (P) Ltd. 13. Kothari & Dutta : Contemporary Financial Management - Macmillan Books for reference: I.M. Pandey Financial Management (Vikas), 9/e,