The author is a Professor of Finance at the Department of Commerce, Delhi School of Economics. The first edition of the book on financial management was published in 1978 with an objective to develop a thorough understanding of concepts and theories underlying financial management in a systematic way. Eleventh edition of the book highlights the ‘modern’ analytical approach to the corporate financial decision making. Concepts are made clear in simple language before introducing complicated techniques and theories. The contents of the book run through 863 pages complimented by Author & Subject indices.