Financial Management by Prasanna Chandra: A Review and Free PDF Download Link
Financial Management by Prasanna Chandra PDF Free Download
Are you looking for a comprehensive and practical guide to financial management? Do you want to learn how to plan, organize, direct and control the financial activities of an organization? Do you want to download a PDF version of one of the best books on financial management for free?
Financial Management By Prasanna Chandra Pdf Free Download
If you answered yes to any of these questions, then this article is for you. In this article, you will learn about financial management, its importance, and its applications. You will also learn about Prasanna Chandra, a renowned author and professor of finance, and his book "Financial Management: Theory and Practice". You will also discover how to download this book for free from various sources and methods. Finally, you will learn about the legal and ethical issues, as well as the risks and challenges, of downloading books for free.
What is financial management?
Financial management is the process of planning, organizing, directing and controlling the financial activities of an organization. It involves making decisions about how to raise, allocate and use funds to achieve the organization's goals and objectives. Financial management also involves analyzing the financial performance and position of the organization, as well as managing the risks and uncertainties associated with its financial activities.
Why is financial management important?
Financial management is important because it helps an organization to:
Maximize its value and wealth for its owners and stakeholders
Optimize its capital structure and cost of capital
Select and evaluate profitable investment opportunities
Ensure adequate liquidity and working capital
Manage its cash flows and dividends
Implement effective budgeting and forecasting systems
Maintain a good relationship with its creditors, investors and regulators
Comply with the relevant laws, regulations and standards
Enhance its corporate governance and social responsibility
Who is Prasanna Chandra?
Prasanna Chandra is a distinguished author and professor of finance. He has over four decades of teaching experience at various institutions, including the Indian Institute of Management Bangalore, where he is currently a director. He has also been a consultant to many organizations, such as the World Bank, the Asian Development Bank, the Securities and Exchange Board of India, and the Reserve Bank of India.
Prasanna Chandra has written several books on finance, accounting, economics and management. Some of his popular books are:
"Financial Management: Theory and Practice"
"Fundamentals of Financial Management"
"Projects: Planning, Analysis, Selection, Financing, Implementation and Review"
"Investment Analysis and Portfolio Management"
"Corporate Valuation and Value Creation"
Prasanna Chandra has also received many awards and honors for his academic excellence and contributions to the field of finance. Some of them are:
"Best Teacher Award" by the Association of Indian Management Schools
"Distinguished Alumnus Award" by the Indian Institute of Technology Delhi
"Lifetime Achievement Award" by the Indian Finance Association
"Fellowship" by the All India Management Association
Overview of the book
What are the main topics covered in the book?
The book "Financial Management: Theory and Practice" by Prasanna Chandra is a comprehensive and practical guide to financial management. It covers the following main topics:
The nature and scope of financial management
The objectives and functions of financial management
The time value of money and its applications
The concepts and techniques of capital budgeting
The methods and sources of financing
The theories and policies of capital structure and dividend
The measurement and management of risk and return
The valuation and analysis of bonds and stocks
The principles and practices of working capital management
The tools and techniques of financial analysis and planning
The issues and challenges of mergers and acquisitions
The role and regulation of financial markets and institutions
The international dimensions of financial management
What are the features and benefits of the book?
The book "Financial Management: Theory and Practice" by Prasanna Chandra has the following features and benefits:
It provides a balanced coverage of both theory and practice of financial management, with relevant examples, cases, illustrations, tables, figures, diagrams, charts, graphs, equations, formulas, calculations, exercises, problems, solutions, summaries, key terms, review questions, discussion questions, references, appendices, glossary, index, etc.
It adopts a user-friendly and student-oriented approach, with clear explanations, simple language, logical sequence, coherent structure, consistent style, appropriate level, adequate depth, sufficient breadth, relevant context, updated content, etc.
It reflects the latest developments and trends in the field of financial management, such as the impact of COVID-19 pandemic, the digital transformation, the environmental sustainability, the corporate social responsibility, the ethical governance, the regulatory compliance, the global integration, etc.
It caters to the needs and expectations of various stakeholders, such as students, teachers, researchers, practitioners, managers, consultants, investors, regulators, policymakers, etc.
It serves as a valuable resource and reference for learning and teaching financial management at various levels and courses, such as undergraduate, postgraduate, diploma, certificate, professional, executive education programs in finance, accounting, economics, management, commerce, business administration, etc.
How is the book structured and organized?
The book "Financial Management: Theory and Practice" by Prasanna Chandra is structured and organized into six parts. Each part consists of several chapters that cover a specific aspect or theme of financial management. The six parts are:
Part I: Introduction - This part introduces the basic concepts and principles of financial management. It consists of four chapters: Chapter 1 - Nature and Scope of Financial Management; Chapter 2 - Financial Goals and Functions; Chapter 3 - Time Value of Money; Chapter 4 - Financial Mathematics.
Part II: Investment Decisions - This part deals with the process and criteria of making investment decisions. It consists of seven chapters: Chapter 5 - Capital Budgeting: Principles and Techniques; Chapter 6 - Capital Budgeting: Additional Aspects; Chapter 7 - Risk Analysis in Capital Budgeting; Chapter 8 - Cost of Capital; Chapter 9 - Leverage; Chapter 10 - Capital Structure Theories; Chapter 11 - Dividend Theories.
Part III: Financing Decisions - This part discusses the methods and sources of raising funds for financing investment decisions. It consists of five chapters: Chapter 12 - Financing Decision: An Overview; Chapter 13 - Sources of Long-term Finance; Chapter 14 - Sources of Short-term Finance; Chapter 15 - Hybrid Financing Instruments; Chapter 16 - Lease Financing.
Part IV: Valuation Decisions - This part explains how to value different types of securities using various models and methods. It consists of four chapters: Chapter 17 - Valuation Concepts; Chapter 18 - Valuation of Bonds; Chapter 19 - Valuation of Shares; Chapter 20 - Option Valuation.
Part V: Working Capital Management - This part covers the principles and practices of managing current assets and current liabilities. It consists of six chapters: Chapter 21 - Working Capital Management: An 71b2f0854b