Official ICAI · September 2025 · Advanced Financial Management

ICAI CA Final (Group 1) — Advanced Financial Management September 2025 Suggested Answer

The official ICAI Suggested Answer, Examiner Comments, and Question Paper for Advanced Financial Management (September 2025) — direct downloads from icai.org. Use our AI grader to check your own attempt against ICAI step-marking.

Paper 2 100 marks 3 hours September 2025

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Syllabus — Advanced Financial Management

Chapters covered in this paper, per ICAI's New Scheme of Education and Training.

  1. 1 Financial Policy and Corporate Strategy
  2. 2 Risk Management
  3. 3 Advanced Capital Budgeting Decisions
  4. 4 Security Analysis
  5. 5 Security Valuation
  6. 6 Portfolio Management
  7. 7 Securitization
  8. 8 Mutual Funds
  9. 9 Derivatives Analysis and Valuation
  10. 10 Foreign Exchange Exposure and Risk Management
  11. 11 International Financial Management
  12. 12 Interest Rate Risk Management
  13. 13 Business Valuation
  14. 14 Mergers, Acquisitions and Corporate Restructuring
  15. 15 Startup Finance