This course provides a solid understanding of financial management principles and practices for entrepreneurial ventures and growing businesses. It focuses on financial decision-making, planning, budgeting, investment evaluation, and financial control to support sustainable business growth. It also enables the understanding of how financial management contributes to value creation, efficient resource allocation, and strategic decision-making in both start-ups and established enterprise.

CLO 1: Explain the fundamental principles and objectives of financial management within entrepreneurial and business contexts.

CLO 2: Analyze financial statements and financial information to assess the financial performance and position of a business.

CLO 3: Apply financial planning and budgeting techniques to support effective resource allocation in entrepreneurial ventures.

CLO 4: Evaluate investment and financing decisions to enhance business sustainability, profitability, and growth.

Introduction to Financial Management: Meaning and scope of financial management, Objectives and functions of financial management, Role of the financial manager in entrepreneurial ventures, Financial decision areas: investment, financing, and dividend/retention decisions;
Financial Statements and Financial Information: Overview of key financial statements (income statement, statement of financial position, cash flow statement), Understanding accounting information for financial decision-making, Quality and use of financial information in entrepreneurship; 
Financial Statement Analysis: Ratio analysis (liquidity, profitability, efficiency, leverage, market/value indicators), Trend analysis and common-size analysis, Interpreting financial performance and financial position, Limitations of ratio analysis Financial Planning, Budgeting, and Forecasting: Financial planning process, Sales forecasting and pro forma financial statements, Budgeting (operating budgets and cash budgets),Scenario analysis and sensitivity analysis in planning;
Working Capital Management: Nature and importance of working capital, Cash management, Inventory management, Receivables and payables management, Trade credit and short-term financing decisions;
Time Value of Money (TVM): Future value and present value concepts, Annuities and perpetuities, Discounting and compounding, Application of TVM in entrepreneurial decisions;
Cost-Volume-Profit (CVP) and Break-Even Analysis: Fixed and variable costs, Contribution margin, Break-even point analysis, Profit planning and margin of safety, CVP applications in startup and SME decision-making;
Financing the Business Venture: Sources of finance: owner’s equity, retained earnings, debt finance, Bank financing and microfinance, Angel investors, venture capital, and private equity, Crowd funding and fintech-enabled financing, Matching financing to business stage and growth needs;
Cost of Capital and Capital Structure: Cost of debt and cost of equity (introductory treatment), Weighted average cost of capital (WACC), Capital structure choices in entrepreneurial firms, Risk-return trade-offs in financing decisions;
Investment Appraisal and Capital Budgeting: Identifying investment opportunities, Payback period, Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI), Capital budgeting under uncertainty (introductory concepts), Cash Flow Management and Financial Sustainability, Cash flow forecasting and monitoring, Managing cash flow gaps in startups and SMEs, Financial resilience and contingency planning, Sustainable financial practices for enterprise continuity;
Risk Management in Financial Management: Financial risks in entrepreneurial ventures (liquidity, credit, market, operational), Risk identification and assessment, Basic risk mitigation strategies, Internal controls and financial governance,
Financial Decision-Making, Ethics, and Governance: Ethical issues in financial management, Financial transparency and accountability, Corporate governance basics for SMEs/startups, Financial decision-making under uncertainty;
Contemporary Issues in Entrepreneurial Finance: Fintech and digital finance, Alternative finance and platform-based funding, Investor expectations and venture growth financing, emerging trends in entrepreneurial finance research and practice.