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| Course Title |
Strategic Financial Management |
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| Level |
Advanced |
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| Aimed at |
Finance Specilization |
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| Importance |
Specilization |
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| Pre requisites: |
Financial Accounting and Management Accounting and Financial Management I and II |
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| Learning Objective |
After attending this course a student will be in a position to Make Investment, Finance and Asset Management Decisions. |
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| Pedagogy |
Class Room Lectures, Case Study, Problems Solving |
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Group Assignments Presentation. |
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| Assuring Learning |
Class Room Lectures, Case Studies, Individual Assignment and Projects.ensures learning outcome is satisfactory. |
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| Session 1 |
Introduction to Strategic Financial Management; Objective Function of Finance; Agency Cost, Lessons from Market. |
| Session 2 |
Corporate Equity Valuation DCF Models (prerequisits two stage DDM Models Chap 23 to 28 Aswat Damodaran) |
| Session 3 |
FCFF and FCFE 2 and 3 stage models (prerequisits, TVM, WACC) |
| Session 4 |
Real firms real time - Tata Motors Valuation.(prerequisits last 10 years financials of Tata Motors including ratios from prowess) |
| Session 5 |
Relative Valuation ,Comparable Companies, Comparable Transaction (pre requisite regression including multiple regression) |
| Session 6 |
Financial Analysis for estimating Default risk and credit rating.( a quick reading of S&P, Moodys web site) |
| Session 7 |
Dealing with Financial Distress (Managing Financial Distress : Economist) |
| Session 8 |
Financial Restructuring and Divestitures ( Chap 11 and 13 Fred Weston) |
| Session 9 |
Restructuring Organisation and ownerships relationships. |
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| Session 10 |
LBO, Equity Recap, M&A |
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| Session 11 |
Value Drivers: Revenues;EBITDA;Productivity Competitive Advantages |
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| Session 12 |
Value Based Management |
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| Session 13 |
Alcar,Maracon,Mckinsey Case Study |
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| Session 14 |
Sources of durable complelling competative shareholder value creation , management and enhancement. |
| Session 15 |
Increasing Value of firm Chap 10 Fred Weston. |
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| Session 16 |
Cost of Capital and Firm Value. |
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| Session 18 |
Stock Buy back and dividends VS Reinvestment. |
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| Session 19 |
Financial Risk Management of Interest rate, Commodity Price risk using Futures and Forward Contract |
| Session 21 |
Real Options |
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| Session 23 |
Equity Valuation using the Black-Scholes model. |
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| Session 24 |
Valuing Equity Debt within the Black-Scholes Framework. |
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| Session 25 |
Strategic Goal setting using Formulas to value divisions and business units EVA,CFROI, |
| Session 26 |
Value of Synergy, Value of Control. |
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| Session 27 |
Corporate Governance (Chap 20 Fred Weston, SOX 2002) |
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| Session 29 |
Activity Based Costing |
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| Session 30 |
Corporate Budgeting |
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