Recent financial events have emphasized the need for an understanding of financial decision-making, financing instruments, and tools used in financial and investment management. Although there are a number of books on the subject of financial management,a few of them are fairly comprehensive. Nevertheless, the present book is expected to serve better the interest of the readers who are not well versed in the terminology of advanced financial management. The reason is that the explanation has been made greatly lucid, with a good number of examples in order to suit the needs of such readers. Moreover, the volume of the text has intentionally been limited to suit the time framework of the readers. The present book contain five chapters. The first one present an Overview of Financial Management. The Second explain Capital Budgeting. The third chapter discuss the Cost of Capital. The Fourth chapter disclose the Working Capital Management. Finally, the fifth chapter examine the Dividends Policy.