Concept & importance of Strategic Working capital management -types of working capital- factors affecting working capital requirements- Levels of Working Capital Investment- Optimal Level of Working Capital Investment- Meaning & significance of operating cycle and cash cycle.
Estimation of working capital requirements, liquidity vs. Profitability- Financing Mix
Management of Receivables- Management of Cash- Management of Marketable Securities- Management of Inventory
Bank Credit – Basic Principles and Practices-Bank Credit – Methods of Assessment and Appraisal- Other Sources of Short Term Finance.
Integration of working capital and capital investment process- Short-Term International Financial Transactions- Working capital management practices in India.
Reference Book:
1. M.Y. Khan & P.K.Jain, “Financial management, Text, Problems and Cases”, Tata McGraw Hill, 6th edition, 2021. (Units - I, II, III, IV &V) 2. Brigham, Ehrhardt, “Financial Management Theory and Practice”, 11th edition, Cengage Learning, 2022. (Units - I, II & IV) 3. Prasanna Chandra, “Financial Management”, 11th edition, Tata McGraw Hill, 2022. (Unit - III) 4. G.Sudarsana Reddy, “Financial Management Principles & Practices”, 2nd revised Edition, Himalaya Publishing House Private Limited, 2020 (Unit - II)
Text Book:
1. Bhalla.V.K. “Working Capital Management: Text and Cases”, 2022. (Units - I, II, III, IV &V) 2. I. M. Pandey, “Financial Management”, Vikas Publishing House Pvt. Ltd., 10th edition, 2021. (Units - I, II, III, IV &V)
