The financial management deals with the financial decisions making. All decisions taken by a financial manager have financial implications. Financial management evaluates the financial implications and help taking these decisions in such a way as to maximize the value of the firm or in other words to maximize the wealth of the shareholders. The present book has been designed to discuss the basic concepts and principles of financial management. It aims to fulfil the requirements of the students of M.B.A course of U.P Technical University and other Course. The book deals primarily with the theory and concepts of financial management. Keeping in view the target student group, an attempt has been made to present the subject matter in a non-mathematical and non-technical way. The motivation for the book was provided by the interaction with the students in the class room and it has been shaped by the experience of teaching the subject matter at different levels. The reactions and responses o