M . Y. Khan, P. K. Jain
Financial Management
This book, in a sense, is an outgrowth of our teaching experience. In our academic interaction
with teachers, postgraduate students and practising financial executives, we have found that they
face considerable difficulty in using the available foreign books in this growing academic discipline.
The present volume, in a way, represents a modest attempt to provide a solution to their problems.
It is intended primarily for postgraduate^ students in commerce and chartered and cost accountancy.
Those doing similar courses in business rhanagement or appearing in the restructured civil services
and other competitive examinations willy hopefully find it equally useful. Its usefulness, however,
is not confined to academicians alone. It may also be of special interest to the practitioners in the
field.
In keeping with the aims o f the book, we have attempted to present the text in a lucid and
simple style; the treatment is comprehensive and by and large non-mathematical. Another notable
feature of this volume is that the discussions of the concepts and theories are invariably followed
by exhaustive illustrative problems. To test the understanding o f the readers as also to enable them
to have sufficient practice, a large number of exercises have also b een given at the en d of the
chapters. A select bibliography at the en d of the book would be of special interest to the teachers
of the subject.
