Summary of changes:

• Small additions have been made in almost all chapters

• One new chapter (Advanced capital budgeting decisions) has been added
• Zero deletion in SFM

SFM - New Syllabus Changes By CA Dinesh Jain

Chapter Additions Deletions
Financial Policy and Corporate Advanced role of CFO in various matters including Value Creation No deletion
Strategy
Risk Management No Addition No deletion
Advanced Capital Budgeting New Chapter
Decisions
Security Analysis Equity research and tools available No deletion
Security Valuation Role and Responsibilities of Valuers No deletion
Precautions need to be taken by a Valuer before accepting any
valuation assignment
Portfolio Management Alternative Investment Avenues (Gold, REITs, Hedge Funds, No deletion
ETFs, Mutual Funds and Commodities)
Securitization Risks in securitization No deletion
Tokenization
Mutual Funds Evaluation of Mutual Funds No deletion
Role of Fund Manager in Mutual Funds
Hedge Funds
Role of FIIs in Mutual Funds
Derivatives Analysis and Evaluation Exotic Options No deletion
Credit Derivatives
Real options
Derivatives Mishaps and Lessons
Weather Derivatives
Electricity Derivatives
 SFM - New Syllabus Changes By CA Dinesh Jain
Foreign Exchange Exposure and Risk
Management
International Financial Management
Interest rate risk management
Business Valuation
Mergers, Acquisitions and Corporate
Restructuring
Start-up Finance
Role of SWIFT in Foreign Exchange No deletion
National and International Payment Gateways
Raising funds from International Sources No deletion
Sovereign Funds
International Financial Centre (GIFT City)
Benchmark rates No deletion
Going concern and Non Going concern valuation No deletion
Valuation of Distressed Companies
Valuation of Start ups
Valuation of Digital Platforms
Valuation of Professional/ Consultancy Firms
Impact of ESG on valuation
Unlocking the value through mergers and acquisitions and No deletion
business restructuring
Concept of Unicorn No deletion
Succession Planning in Business