Dr. Rana Singh
Professor in Management
MBA (Finance), Gold Medalist, Ph.D.
Professor in Management and Assistant Dean

Auro University, Surat, Gujarat

www.aurouniversity.edu.in


Mob: 7405833776 /8866971103
E-mail: dr.ranasingh@gmail.com, singh_rana@yahoo.com

Course Outline

Course: Corporate Finance I Credit: 01
Instructor: Dr. Rana Singh Contact e-mail: dr.ranasingh@gmail.com, singh_rana@yahoo.com,

Website: http://www.ranasingh.org

Introduction: The Corporate Finance I 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 Participation

10

Assignment

10

Quiz

10

Projects

10

Mid-Term

20

End-Term

40

Total

100

 

Session No.

Theme

Reading Material

1

Fundamentals of Corporate Finance, Introduction of Corporate Finance, Financial Management Vs. Management Accounting

Financial Management: An Overview

Financial Management : An Overview, Chapter 1, FM, Khan and Jain

Financial Management and Policy: An Overview,

FM –VK Bhalla

2

Concept of Profit Maximization vs. Value Maximization

Financial Management : An Overview, Chapter 1, FM, Khan and Jain

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

6

Financing Decisions

Operating, Financial and Combined leverage

Chapter 14, FM, Khan and Jain

Chapter 23, FM, V K Bhalla

7

Financing Decisions

Operating, Financial and Combined leverage

Chapter 14, FM, Khan and Jain

Chapter 23, FM, V K Bhalla

8

Capital Structure: Cost of Capital and Valuation

Chapter 15, FM, Khan and Jain

Chapter 24, FM, V K Bhalla

9

Capital Structure: Cost of Capital and Valuation

Chapter 15, FM, Khan and Jain

Chapter 24, FM, V K Bhalla

10

Designing Capital Structure

Chapter 16, FM, Khan and Jain

Chapter 25, FM, V K Bhalla

 

11

Designing Capital Structure

Chapter 16, FM, Khan and Jain


Chapter 25, FM, V K Bhalla

 

12

Long Term Financing:

Capital Markets

Chapter 17, FM, Khan and Jain


Case Study of  Indian Capital Markets

 

13

Equity /Ordinary Shares

Chapter 18, FM, Khan and Jain

 

Case Study of Indian Primary Market and Secondary Market

 

14

Term Loans, Debentures / Bonds and Securitisation

Chapter 19, FM, Khan and Jain

 

Case Study of Indian Debt Market and Secondary Market

 

15

Hybrid Financing Instruments

Chapter 20, FM, Khan and Jain

 

Case Study of Indian Debt Market and Secondary Market

 

Mid-Term

 

16

Leasing and Hire-Purchase

Chapter 21, FM, Khan and Jain

 

 

17

Venture Capital Financing

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 Management

Chapter 26, FM, Khan and Jain
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

 

 The students are expected to go through the various economic dailies like The Economic Times, Business Standard, Business Line, Financial Express etc. to keep themselves updated about the latest developments in the domain area of Finance and allied areas.

The students are also expected to visit the website of Stock exchamges like Bombay Stock Exchange, National Stock Exchange, Commodities Exchange, National Spot Exchange, etc. from India as well international stock exchanges like New York Stock Exchange, London Stock Exchange etc.

 

The students are required to work on Ms-Excel 2010. The students are expected to make themselves comfortable with the various financial, mathematical, logical and finacial functions of Ms-Excel.

The course aims at imparting knowledge and skills so that the students are able to handle day to day finance issues and problems with the help of Ms-Excel 2010.