The book discusses concepts, assumptions and techniques of finance in simple, non-technical language and contains summary of key points, illustrative problems and examiples.

About the Author
A respected name in academic circles, Dr I M Pandey is currently Professor of Finance, Delhi School of Economics, University of Delhi. A PhD from Delhi School of Economics, he was earlier Professor, Indian Institute of Management, Ahmedabad (IIM-A) where he also served as Officiating Director, Dean and Chairman of Fellow Programme. Dr Pandey also served as Dean, School of Management, Asian Institute of Technology, Thailand, from 2005-07. He has taught at many international Universities/Institutes in USA, France, UK, Malaysia, Sri Lanka, Thailand and Vietnam.
Dr Pandey+óEURGãós research interests are focused on strategic financial management, financial decision-making processes, comparative financial systems, capital markets and financial services, with a special focus on emerging markets. A prolific writer and a name to reckon with in his field, Dr Pandey has authored/co-authored ten books, five monographs and has written more than 100 articles and management cases. He was the Editor of IIMA+óEURGãós journal, +óEUR-UKPVikalpa: The Journal for Decision Makers+óEURGãó and is on the editorial board of several international journals. Currently on the board of Indorama Polymer Limited, Thailand, he has, in the past, served on the Boards of IFCI, HPCL among others.

Table of Contents

• Part - I : Introduction
• Finance : Functions and Goals
• Part - II : Financial Analysis and Planning
• Funds and Cash flow Analysis
• Radio Analysis
• Cost-Volume-Profit Analysis
• Financial and Profit Planning
• Part - III : Ivestment Decision
• Time Value of Money
• Capital Budgetin Techniques
• Cash flow Estimation for Capital Budgeting
• Cost of Capital
• Risk Analysis in Capital Budgeting
• Part - IV : Financing and Divided Decisions
• Long-tern Sources of Finance
• Financial Leverage
• Capital Structure Decision
• Part - V : Working Capital Decision
• Principles of Working Capital Management
• Cash Management
• Receivable Management
• Inventory Management
• Working Capital Finance