Fundamentals of Financial Management with Excel Applications is a comprehensive undergraduate textbook covering Investment, Financing, and Dividend Decisions, built around shareholder wealth maximisation. Now in its 21st Edition, it progresses systematically across Capital Budgeting, Cost of Capital, Leverage, Capital Structure Theories, Dividend Policy, Working Capital Management, and Valuation of Securities, with every chapter structured around graded illustrations with working notes, MCQs, and unsolved problems. New to this Edition are dedicated sections on Risk Analysis in Capital Budgeting and MIRR, an Excel appendix translating core calculations into spreadsheet models, and Delhi University examination papers up to December 2025 with suggested answers. Shaped by four decades of classroom teaching at Shri Ram College of Commerce, University of Delhi, it is tailored for B.Com. (Hons.) III Semester students but equally relevant for CA, CS, ICWA, MBA, M.Com., CFA, and PGDM courses.
