An excellent book for commerce students appearing in competitive, professional and other examinations. Unit I:Introduction : Definition, Nature and Scope of Business Finance, Finance Function in Business, Traditional and Modern Views of Finance, Objectives of Financial Management—Profit Maximization Vs. Wealth Maximization. Unit II:Planning for Funds : Financial Plan—Meaning and Basic Considerations, Factors Affecting Fixed Capital and Working Capital Requirements. Unit III:Capitalization : Concept, Cost and Earning Theories of Capitalization, Over-Capitalization and Under Capitalization—their Causes, Effects and Remedies. Unit IV:Pattern of Capital Requirements : Long-Term and Medium-Term Financing—Purpose, Sources and Instruments, Short Term Financing—Purpose, Sources and Instruments. Unit V:Raising of Funds : Sources and Forms of External Financing with Special Reference to India, Under-writing of Capital Issues—Trends and Broad Features of Underwriting in India. Content : 1.The Nature and Role of Financial System, 2. Nature and Scope of Business Finance, 3. Financial Management : Nature and Scope, 4. Financial Planning, 5. Working Capital Management, 6. Cost of Capital,m 7. Capitalisation, 8. Sources of Business Finance : Long-Term and Short-Term, 9. Financial Institutions, 10. Capital Market and Financial Instruments, 11. Indian Money Market, 12. Mutual Funds , 13. Sources and Forms of External Financing , 14. Underwriting of Capital Issues.