Syllabus
Nature and Scope of Financial Management – Capital Budgeting – Capital Structure – Cost of Capital – Financial Services – Project Finance – Dividend Policy – Working Capital – Security Analysis and Portfolio Management – Derivatives and Commodity Exchanges- An Overview – Treasury Management – Forex Management
How to Prepare for Financial, Treasury and Forex Management (FTFM)
Financial, Treasury and Forex Management (FTFM) is a scoring paper in second module. FTFM gives almost equal weightage to the theory and practical problems. One cannot expect to pass the exam by covering either theory or practical problems alone.
For theory portion, study material is sufficient. However for some students, the theory may not be easily digestible. They can refer the material of expert authors enlisted below. If one is preparing the theory portion at the last stage (i.e. nearest to the exam schedule), resorting to the study material will be a time consuming job. In such instances, they can refer the practice manual issued by the institute. Practice Manual cover the core theory of the study material.
Practical Problems is a tricky area in FTFM. For each topic, there will be number of problems with various adjustments and variations. Some questions from different chapters may be clubbed into one (if a question is asked on international capital budgeting, one will be required to cover both capital budgeting and forex). In FTFM, tendency is to ask repeated question is quite high. In some instances, exact questions were asked in multiple attempts. Some questions will be asked by simply changing either the name of the company or the figure. Covering scanners will be helpful to getting an advantage on repeated questions.
Main key point to the FTFM questions are that, the institute may not be much comfortable to make new questions and preparing its answer key. So, they take the questions prepared by the experts of financial management. It saves their time and efforts. You can adopt the same approach of the institute by covering maximum number of practical problems by referring the books of experts in financial management. Some of the books were enlisted below for your reference.
Best Reference Books for Financial, Treasury and Forex Management (FTFM)
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- Study Material of ICSI – Download Latest Material
- Financial Management by M.Y.Khan and P.K.Jain – Get Your Copy Online
- Financial Management: Theory and Practice by Prasanna Chandra – Get Your Copy Online (with CD)
- Financial Management by I.M.Pandey – Buy Online
- Practice Manual for FTFM by ICSI – Get a PDF Copy
- Reliance Publication’s FTFM Scanner
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