3 Review(s)

Management education in our country has recently experienced a sea-change in its curriculum, wherein electives in finance and marketing have been enlarged. In fact, finance has assumed greater significance for all those pursuing a Commerce course or its allied. It is now well established fact that the success of any business concern depends inter-alia upon the efficiency with which funds are being managed. That is why there is a separate paper/subject of ‘Financial Management’ almost in every curriculum of B. Com. As a teacher of Accounting and Finance, I have gathered from the students interaction that there is a need of a text which must provide a comprehensive understanding of principles, problems, techniques of financial management, i.e., of financing, investment and dividend decisions. It is this need which prompted me to write a text in a very simple style in a native context. The result is before the readers. Some pedagogical features of the book are : Thoroughly revised on the basis of the Companies Act, 2013; Comprehensive presentation of the concepts and relevant theories; Several new Illustrative problems have been included in every chapter for better understanding of the principles and techniques; In each chapter, besides Long Answer and Short Answer Type Questions. A Multiple Choice Questions with answer have been given. Use of charts and figures to bring more clarity; Readers are requested to offer concrete suggestions for improving the book; such suggestions will gratefully be accepted and acknowledged.