Unit-I

Introduction:StrategicManagement-Vision,Mission,Scope,Objectives,StrategiesandOperatingPlans;ProcessofStrategicManagement;StrategicFinancialManagement; Changing Environment of Business Finance – Recent Trends and FinancialStrategies;FinancialFundamentalAnalysis–EconomyAnalysis,IndustryandCompetitionAnalysisandCompany Analysis.

Unit-II

Corporate Valuation: Concept of Value; Value Creation through Required Rate of Return – NPV and IRR Approach; Book Value of the Corporate Entity – Intrinsic Value;AdjustedBookValueoftheCorporateUnit;CurrentMarketValuationModel;Cost Theory of Valuation; Earnings Theory of Valuation; The Gordon Model of Valuation; Discounted Cash Flow Model.

Unit-III

Business Growth and Corporate Reorganisation: Reorganisation for Growth – ABriefOverviewofExpansion,Diversification,AlliancesandCooperation,andMergersand Acquisitions; Corporate Growth and Financial Structure Redesigning – Leveraged Re capitalisation, Leveraged Buy Outs and Share Buyback; Growth Companies- DividendPolicyandCashDividendsVsShareBuyback.

Unit-IV

Corporate Merger and Takeover : Mergers-Concept and Types; Reasons forMerger; Legal Aspects of Merger; Merger Exchange Ratio; Evaluating a Merger-CapitalBudgeting Framework; Corporate Takeover-Concept of Friendly and Hostile Takeover;TakeoverRegulationsinIndia;TakeoverDefenceMechanism.

Unit-V

ManagingCorporateSicknessandCorporateRestructuring:ConceptofCorporateSickness;SicknessScenarioinIndia;CausesofSickness;SymptomsofSickness; Predicting Sickness-Financial Ratios and AltmanModel; Reorganisation forGrowth-Stifled Corporate Entity – Share Buyback, Divestiture, Sell-Offs, Spin-Offs andEquity Carve-Outs; Distressed Restructuring-Voluntary Settlements and DIP Financing forReconstruction;Formulating RevivalPlan.

Course Objective: This Course deals with the knowledge of advanced strategic concepts in financial management followed in India.

Course Outcomes

1. Strategic Financial Management – Managing for value creation | Second EditionPrasannaChandra(2020), Publisher-McGrawHill.
2. Taxmann’s CRACKER – Strategic Financial Management | CA-Final – NewSyllabus|Updatedtill31-10-2020|3rdEdition