• Define finance and describe its major areas—financial management/managerial finance/ corporate finance and financial services
• Differentiate financial management from the closely-related disciplines of accounting and economics
• Describe the scope of financial management and identify the key activities of the financial manager
• Explain why wealth/value maximisation, rather than profit/EPS maximisation, is the goal of financial management and how economic value added (EVA) and focus on shareholders relate to its achievement and summarise the major objectives of corporate finance by Indian corporates
• Discuss the agency problem/issue as it relates to owners wealth maximisation
• Outline the organisation of finance function and the emerging role of finance managers in India
