TYBAFVI/FM/01

  Ty baf: 3.6.3 financial management – paper iii

.1               Financial policy and corporate strategy (10 lectures)

.1.1               Meaning of strategic financial management

.1.2               Strategic financial decision making framework

.1.3               Functions of strategic financial management

.1.4               Financial planning

.2               Security analysis (15 lectures)

.2.1               Fundamental analysis –

.2.1.1                meaning,

.2.1.2                dividend growth model

.2.1.3                PE multiple

.2.2               Industry analysis –

.2.2.1                factors affecting industry analysis,

.2.2.2                 techniques used industry analysis,

.2.2.3                company analysis

.2.3               Technical analysis –

.2.3.1                meaning ,

.2.3.2                 general principles and methods,

.2.3.3                 the dow theory,

.2.3.4                 market indicators

.2.4               Bond valuation –

.2.4.1                 introduction ,

.2.4.2                 bond valuation model ,

.2.4.3                bond value theorems ,

.2.4.4                yield to maturity bond values with semi-annual interest

.3               Dividend decisions (15 lectures)

.3.1               Introduction of dividend policy

.3.2               Practical considerations in dividend policy

.3.3               Theories on dividend policy,

.3.3.1                traditional position,

.3.3.2                walter approach, 

.3.3.3                gorden growth approach

.3.3.4                Modigilani and miller hypothesis

.4               Mutual funds (10 lectures)

.4.1               Introduction

.4.2               Classification of mfs              

.4.3               Evaluating performance mfs,

.4.3.1                nav,

.4.3.2                costs incurred by mfs,

.4.3.3                holding period return

.4.4               Criteria for evaluating the performance,

.4.4.1                sharpe ratio,

.4.4.2                 treynor ratio,

.4.4.3                 jensen’s ratio

.5               Portfolio theory (10 lectures)

.5.1               Activities in portfolio management

.5.2               Objectives of portfolio management

.5.3               Theories,

.5.3.1                traditional approach,

.5.3.2                modern approach

.5.4               Portfolio analysis

Question Paper Pattern

Maximum Marks: 75 ;  Duration: 2 ½ Hrs.;  All Questions are Compulsory Carrying 15 Marks each.

Q-1	Objective Questions A)        Sub Questions to be asked 10 and to be answered any 08  B)         Sub Questions to be asked 10 and to be answered any 07 (*Multiple choice / True or False / Match the columns/ Fill in the blanks)	15 Marks
Q-2 Q-2	Full Length Practical Question OR Full Length Practical Question	15 Marks 15 Marks
Q-3 Q-3	Full Length Practical Question OR Full Length Practical Question	15 Marks 15 Marks
Q-4 Q-4	Full Length Practical Question OR Full Length Practical Question	15 Marks 15 Marks
Q-5 Q-5	A)      Theory questions B)      Theory questions OR Short Notes : To be asked 05 : To be answered 03	08 Marks 07 Marks 15 Marks
Note: Full length question of 15 marks may be divided into two sub questions of 08 and 07 marks.