This book has been primarily designed to meet the needs of B.Com. students under the recommended National Education Policy 2020 (NEP 2020) for the subject Financial Management. It serves as a self-study text and provides essential guidance for understanding of Introduction to Financial Management, Time Value of Money, Cost of Capital, Capital Structure Theories, Leverage, Capital Investment Decisions, Dividend Decisions and Working Capital Management. The book has been written in simple and lucid manner covering all the important equations, formulae and practical steps in a systematic manner to aid students learning. Based on the author's proven approach "teach yourself" style, the book is replete with numerous illustrations, exhibits and solved problems.