B.Com. (Honours with Research) with Specialization in Business Management Financial Management II 4 Credit Syllabus - Mumbai University
This is the TY BCom BM syllabus under NEP 2020, in force from the academic year 2026-27. The University clubbed this degree with B.Com., B.Com. (Accountancy) and B.Com. (Business Economics) on 25 May 2026 and now awards it as B.Com. (Commerce and Management), with Business Management as the Major: the papers below are the ones its own Board of Studies sets, so your exam form may name the degree differently from your admission letter.
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Syllabus for Financial Management - II - 4 Credit
Module I: Capital Budgeting and Evaluation
- Capital Budgeting - Meaning and Importance
- Evaluation techniques
- Traditional techniques- Payback method and ARR (Practical problems)
- Modern techniques- NPV and Profitability index (Benefit- cost ratio) (Practical problems)
- Choice of evaluation techniques, Accept- reject criteria in evaluation techniques, uses and limitations
- Practical problems on Payback method, ARR, NPV and Profitability index
Module II: Working Capital Management
- Factors determining Working Capital requirements, Working Capital cycle
- Classification of Working Capital - Gross and Net Working Capital, Permanent and Variable Working Capital, Positive and Negative Working Capital, Cash and Net Current Assets concept of Working Capital
- Management of Working Capital
- Estimation of Working Capital requirement (Practical problems)
Module III: Receivable Management, Cash Management
- Receivables Management - Meaning and importance, aspects of receivable management, Credit Policy and Credit Evaluation
- Control of accounts receivables- Day's Sales Outstanding, Ageing Schedule, ABC Analysis of receivables
- Cash Management- Meaning, motives of holding cash, ways of speeding up cash collections
- Practical problems on preparation of Cash Budget.
- Practical problems on evaluation of proposed credit policy
Module IV: Basic Principles of Cost Accounting
- Cost Accounting - Meaning, classification of costs and non-cost items
- Practical problems on the preparation of Cost sheet and Estimated Cost sheet
- Marginal Costing - Meaning, features, advantages, and limitations of marginal costing,
- Break Even Analysis
- Application of marginal costing
- Practical problems based on Marginal costing excluding key factor and decision making
Reference Books
- Basic Financial Management: M.Y. Khan and P.K. Jain, New Delhi, TMH 2000.
- Financial Management: I.M. Pandey.
- Financial Management: Theory and Practices- Prasanna Chandra.
- Financial Management- Text , Problems and cases: Khan and Jain.
- Valuation: measuring and managing the value of companies: Thomas Copeland-Wiley
- Financial Management: Ravi Kishore
- Financial Management- Theory, concepts and Problems- R.P. Rustagi
- Introduction to Financial Management- Lawrence DSchall, Charles Haley (McGraw-Hill)
- Financial Management- Jensen Helberg, Larsen & Keller Publications
- Cases in Financial Management- I.M.Pandey & Bhatt. Tata Mcgraw publishers
- Financial Management: A contemporary approach-Rajesh Kothari, Sage publishers
- Practical Costing- P.C. Tulsian
- Cost & Management Accounting- Ravi Kishore
- Fundamentals of Cost Accounting- S.N. Maheshwari, Sultan Chand Publications
Reproduced from the University of Mumbai syllabus for B.Com. (Business Management) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.