Essentials of Financial Management is meant for BBA, BBS, B. Com (Hons), and B. Com students as well as to serve as a first-level course for students preparing for charted, cost, and management accountancy, certified financial analyst, and company secretary examination, and other degree and diploma courses. Finance and non-finance executives will also find it useful.The book details how to manage corporate funds and liquidity. It focuses on financial decision-making and the role of the financial manager. It introduces readers to the basic concepts of the time value of money, return and risk, and portfolio theory and discusses important financial topics like the cost of capital, capital budgeting, debt-equity mix, sources of finance, dividend policy, working capital management, and financial planning in a simple and lucid way. Key Features: • Chapter Summary • Quick-check concepts • Quick Examples • Solved Problems • Excel Applications • New In the 5th Edition • Complete text revisited • Cash budgeting models simplified • Operating leverage concept re-written • More solved problems and chapter-end problems were added.