CA Final AFM Full Course
Former Name Strategic Financial Management (SFM)
Pendrive/Google Drive Lectures for May/Nov 2025
Book a Class, FREE
What You Get in AFM Classes at IGP?
At IGP, our CA Final Advanced Financial Management (AFM) students receive premium facilities tailored for a comprehensive learning experience. This includes hard copies of detailed books, and supplementary study materials. We also provide dedicated revision sessions to resolve queries and strengthen conceptual clarity. Our pendrive recorded lectures are crafted to offer an engaging and interactive experience, replicating the feel of a physical classroom.
- Comprehensive book covering ICAI Study Material, RTP's, Past examination questions, MTP's.
- Relatable examples through audio-visual stories, practical case studies.
- Faculty's Direct Contact Number.
- Conceptual clarity and deeper understanding.
- Flexible Views and Validity Options.
- No. of Lectures: 60-68 Approx. & Duration: 180-190 Hours Approx.
- Test Series and Revision Lectures.
- Short notes of all practical concepts of each chapter.
- Proven teaching methodology for longer retention.
CA Final AFM Best Faculty
CA Ashish Kalra Sir is the best faculty of Advanced Financial Management (AFM) in pendrive & Google Drive modes. Sir, with his vast experience of more than 25 years can transform the life of a student. With his exceptional way of teaching, he helps the students to understand the concepts deeply. He not only teaches the subject but also guides the students on how to handle exam pressure by understanding their strengths and being productive.
His way of teaching helps the students to convert their mistakes into learnings and evolve their skills. Despite the student strength, CA Ashish Kalra Sir makes sure that even the smallest doubt is resolved in lectures and each student gets an answer to their respective queries within the classes.
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25+ Years Experience
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Free Books & Notes (Revisionary & Pocket Books)
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Free Revision Classes
The Institute of Chartered Accountants of India has notified the New Scheme of Education and Training on 1 July 2023. The first set of examinations under the new scheme will be conducted in May 2024 and onwards.
CA Final syllabus includes Advanced Financial Management (AFM) as Paper-2. The exam is of 100 marks bifurcated as follows:
- 70 marks for Descriptive questions
- 30 marks for MCQs (30 questions of 1 mark each)
CA Final Classes for May/Nov 2025
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Free CA Final AFM Lectures 2025 | Demo
We provide detailed explanation of the subject matter and cover all the essential information that a student needs about CA Final Classes, have a look!
All About Final AFM - As Per New Scheme 2025 Exams
The objective of the subject is to:
- Develop an understanding of the advanced concepts and applications of financial management strategies to optimize the financial resources of an organization.
- Acquire the ability to apply complex financial tools and techniques for financial analysis, planning, and control.
- Enhance decision-making skills by analyzing financial information to support strategic business decisions.
The student, while studying this subject in the CA Final, will gain a comprehensive understanding of advanced financial management or strategic financial management concepts. This subject focuses on the use of various financial strategies and models to enhance business value. Advanced Financial Management or strategic financial management is one of the most crucial and high-scoring subjects for the CA Final examination, aiding students in both clearing the exam and securing a rank.
CA Final Advanced Financial Management (AFM) New Syllabus
| Chapter |
|---|
| Chapter 1: Financial Policy and Corporate Strategy |
| Chapter 2: Risk Management |
| Chapter 3: Advanced Capital Budgeting Decisions |
| Chapter 4: Security Analysis |
| Chapter 5: Security Valuation |
| Chapter 6: Portfolio Management |
| Chapter 7: Securitization |
| Chapter 8: Mutual Funds |
| Chapter 9: Derivatives Analysis and Valuation |
| Chapter 10: Foreign Exchange Exposure and Risk Management |
| Chapter 11: International Financial Management |
| Chapter 12: Interest Rate Risk Management |
| Chapter 13: Business Valuation |
| Chapter 14: Mergers, Acquisitions and Corporate Restructuring |
| Chapter 15: Startup Finance |
CA Final AFM Examination Marks Weightage
| Chapter | Weightage |
|---|---|
|
8% – 15% |
|
20% – 30% |
|
20% – 30% |
|
20% – 25% |
|
10% – 15% |
| Startup Finance | 2% – 5% |
How to Prepare for CA Final Advanced Financial Management (AFM) Exam?
To pass the CA Final Advanced Financial Management(AFM)/ Strategic financial management examination, one needs a strategic approach toward preparation and a great grasp of the subject. Here are the key tips that would help you become well-prepared for the exam:
- Know the Syllabus: First, get a feel for the whole syllabus. Identify the core subjects such as capital budgeting, financial services, risk management, and international financial management. Knowing the marks and weight of each topic will help one to set priorities for the study plan.
- Conceptual Clarity: AFM is nothing but the application of Financial Concepts in practical scenarios. Ensure that the basic concepts are clear before moving to advanced topics. Use standard textbooks and ICAI study materials to build a solid foundation.
- Practice regularly: Practice as many problems, practice questions, and past exam papers as possible. This will help you understand the pattern of the exam and how one can increase their speed in solving the problems. Emphasize descriptive questions and MCQs since they carry considerable marks.
- Revise consistently: Revision is necessary to hold on to concepts and formulae. Prepare concise notes to enable quick revision before exams.
- Mock Tests: Take mock tests to see the level of your preparation. Analyze your performance for areas of weakness and work upon those areas of weakness.
CA Final Exam Pattern for 2025 Exams
CA Final course consists of 6 Exams-
- Financial Reporting,
- Advanced Financial Management,
- Advanced Auditing, Assurance and Professional Ethics,
- Direct Tax Laws & International Taxation,
- Indirect Tax Laws.
- Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management)
Candidates have to get a minimum of 40% marks in each paper and a minimum of 50% marks in aggregate in all papers to pass the CA Foundation exam.
| Paper | Marks | Type of Question |
|---|---|---|
| CA Final Group 1 | ||
| Paper-1: Financial Reporting | 100 Marks | Descriptive (70 Marks) Objective (30 Marks) |
| Paper-2: Advanced Financial Management | 100 Marks | Descriptive (70 Marks) Objective (30 Marks) |
| Paper-3: Advanced Auditing, Assurance and Professional Ethics | 100 Marks | Descriptive (70 Marks) Objective (30 Marks) |
| CA Final Group 2 | ||
| Paper-4: Direct Tax Laws & International Taxation | 100 Marks | Descriptive (70 Marks) Objective (30 Marks) |
| Paper-5: Indirect Tax Laws | 100 Marks | Descriptive (70 Marks) Objective (30 Marks) |
| Paper-6: Integrated Business Solutions (Multidisciplinary Case Study with Strategic Management) | 100 Marks | Descriptive (70 Marks) Objective (30 Marks) |
Frequently Asked Questions
Ques 1. Which are the main topics to be covered under Advanced Financial Management (AFM) syllabus?
The syllabus of CA Final AFM would include areas like capital budgeting, financial services, risk management, international financial management, financial analysis, strategic financial decisions, and mergers and acquisitions.
Ques 2. What is the pattern of AFM under the new scheme?
Now the AFM exam is bifurcated into two sections - 70 marks for descriptive questions and 30 marks for MCQs consisting of 30 questions of 1 mark each.
Ques 3. What is the passing criteria percentage for the CA Final examination for the AFM paper?
For an AFM paper, a minimum of 40 marks is to be scored by the students in the respective subject, and in aggregate, 50 marks is to be scored by the students among the subjects of the group for which they have taken up the exam.
Ques 4. Are Pendrive classes available at the IGP Institute for AFM?
The IGP Institute provides recorded classes in both Pendrive and Google Drive modes to make sure it's easier for the student to cover their syllabus from anywhere and anytime.
Ques 5. The way ahead to improve performance in the AFM MCQ section?
It is only practice that makes you perfect. We at IGP Institute give a lot of practice questions and mock tests, emphasizing MCQs, to increase your speed and accuracy.
Ques 6. How do I register myself for the AFM course at the IGP Institute?
You can register for the AFM course by visiting the website of the IGP Institute, contacting their admission office, or visiting their various centers for registration and further assistance.
AFM Classes Reviews by IGP Students
Review by Aakarsh Jha
Review by Prakhar Varshney
What Our Students
Say About Us
“ Scored 100/100 in CMA and couldn’t have achieved it without Ashish sir. I used to keep contacting him regarding my doubts and at times when I was tensed. He used to be always there for me to guide ... “
Muskan Vadhera-CMA Marks 100/100
“ "It's a matter of great pride for me to achieve these goals and in reaching these milestones, IGP played a very important role for me. Be it CPT, IPC or Final, at all the levels all the faculty prov... “
Pragati Varshney-AIR-7-CFM Marks 94/100
“ "The experience of those 5 months with CA Ashish Kalra Sir was a life transforming journey. The main thing that is required in CA exams is Conceptual understanding. Sir's classes were a perfect blen... “
Shubham Agarwal-AIR-5
“ "The first coaching that I took was Cost and FM. It was a really great experience with sir. Everyday we came, the class comprised half of learning and half of motivation. We always had our fire burn... “
Aekansh Jain-AIR-4
“ "Teaching at its very best is what describes CA Ashish Kalra sir and CA Vijender Aggarwal sir. They both are extraordinary teachers. Their teaching style makes them stand out among others. They put ... “
AISHNIT KAUR-AIR-4
“ I feel lucky that I got chance to be taught by CA Ashish Kalra Sir. To attend his class was quite a fabulous experience for me. He is the best teacher, mentor and guide I have ever seen. He makes ever... “
Pramanshu Sharma-AIR-3-CFM MARKS 88/100
“ I am Abhishek Agarwal, I secured All India 2nd rank in the CA-IPCC Nov’15 exams and got 82 marks in CFM. Talking about CA Ashish Kalra Sir I think he is a person who not only possesses the most... “
Abhishek AgarwaL-AIR-2-CFM Marks 82/100
“ It was an amazing experience attending Kalra sir's classes. A great extent of this achievement of mine is owed to sir. The flawlessness of his teaching and the passion with which he teaches are someth... “
Bhumika Agarwalla-AIR-1-CFM Marks
“ The experience of taking classes from CA Ashish Kalra Sir was amazing. He is the most hardworking person I have ever seen. The positivity and energy level which he passes to his students is simply a... “
Shubham Malhotra-AIR-1-CMA Marks 100/100
“ Ashish Kalra Sir has an impeccable talent of bringing the best out of his students. Further his questioning attitude and the method of developing the concepts is something which not only makes the sub... “
Vijender Aggarwal - 2 Times AIR-1
“ It has been a great expereince studing CMA & FM Eco from you Ashish Sir. I am so lucky that I got a teacher like you. Your teaching method is really simple, straight forward and effective and I will n... “
Shivam Malhotra
“ The great instiute, where students are empowerd with knowledge and wisdom. CA Ashish Kalra Sir is DRONNACHARYA of CA students, in their classes knowledge flows like water is flowing in the river. He w... “
Satpal Singh
“ Give your best and you will definitely get the best. Keep on working hard and you will clear your CA Exams with good marks. This is what I did. I make a schedule and tried to follow it. Sir always use... “
Prachi Jain
“ Sir… you are the best teacher no one can teach Cost, FM & ECO for finance better than you….. This whole market is full of teachers but you are diamond of the field and your book of economi... “
Nikhil Arora
“ Ashish sir is the one who takes a hand opens a mind and touches the heart. He is the best inspiration one can get He is the best teacher one can get. ... “
Neha Tayal
“ Sir, you have been an excellent teacher, hardworking and devoted to your work and to us. You have helped us grasp your subject through intresting lectures and presentations, feeling us up to achieve o... “
Mittul Garg
“ The experience of taking classes from Ashish Sir is magical, something that cannot be accurately described in words. Although I took a pendrive classes, I never felt disconnected and it was as if I wa... “
Mahin Naim
“ Ashish Kalra Sir, You are the Best, I still remember before the first day of class when everything was new and tough in my mind, since the first day till the last day everything was easy as a cakewalk... “
Ishita
“ Ashish Kalra Sir YOU ARE THE BEST, I still remember the first day of class when all questions seemed same and confusing to me and last day when I was able to handle them proficiently. You made CMA lik... “
Isha
“ The Ashish Kalra Sir u have been so much more than a teacher for us…. (mentor, guide, friend) I can challenge anybody in the whole world to find a better teacher than u…. U have set a grea... “
Himanshi Goel
“ Words are too little to express what you are to me. You are the most invaluable part of my life and play multiple roles. But it was a teacher that you first exercised your influence on me. So on the o... “
ETI Agarwal
“ Choosing Ashish Sir as mentor was one of the decisions I am proud of, beside his extreme knowledge and ability to disseminate it, his hardwork for us was indeed selp motivating. Now to elobrate on stu... “
DUSHYANT GARG
“ Best faculty for CA and only institute with face to face classes. Energy level is so high. Motivational lectures are awsome. Best books and content fully covered. Fun and knowledge together. ... “
AMAN SAXENA
“ Ashish sir apke jaisa teacher kabhi nahi mila aur shayad kabhi milega bhi nahi. Sir u r the best…... And apke concept batane ki technique is simply awsome. According to my family and friends I c... “
ANKIT KUMAR
“ Sir ji…. Apne Economics, FM, Cost itni easy tarah se padhaya ki sab samajh aa gya... Sir I Love You… you are the best teacher of this world thanks sir ji for this. ... “
ANSHUL VASHISTHA
“ Sir apke padhane ka tarika is out of level full conceptual clearity milti hai and theory padhane ka itna interesting way hai ki kabhi bore nahi hote…... Thanks for all such efforts you do for us... “
ANUBHAV THAKUR
“ I Scored 80 marks in SFM in yesterday result and I am a CA now so thanku sir for your guidance and effort.... “
ANURAG ARORA
“ I was not able to clear only SCMPE for the last 2 times. But this time because of your classes, I crack it and become CA. Thanks a lot sir... “
ARPIT
“ Ashish sir is the best teacher anyone can get…. The way he teaches the concepts and clear each and every doubt is just amazing….. Studing Costing and FM from Ashish sir is just blessing ... “
Divya Jain
“ it was a great experience studing from Ashish Sir. He always motivated us to give our best. He focused on concepts which really helped me in my revisions. His books are more than sufficient for exams ... “
DIVIJ CHADHA
“ Ashish Sir is an amazing teacher. The way he introduces us with a concept, it make sure we never forget it. He has an explanation for every part of a concept, you just have to be a tentive and never g... “
ANSHIKA GOEL
“ Experience of those four months with Ashish Kalra Sir was out of the world. A person who possesses such vast knowledge not only in the field of cost & F.M. but in other fields also, that we can dream ... “
AKSHAY JAIN
“ IGP is a place you can trust. I am very happy to be a part of this institute. CA Ashish Kalra is a great teacher and I am so blessed to be a part of his life which he shared with us while teaching us.... “
VISHAL KAPOOR
“ You are an awesome teacher by the way you teach. Your hard work to build our careers motivates us to work more till our last breath. You taught us not just Cost and FM, but also about all life aspects... “
HEMANT AGGARWAL
“ The most important thing that I've learnt is to plan my work. ASHISH SIR has been a constant source of motivation who instills a lot of confidence in a person. I actually started believing, that achie... “
SASHA AGGARWAL
“ ASHISH KALRA SIR, the most hardworking and sincere teacher I’ve ever met. IGP means awesome and the best institute for CA classes. I believe all my success is because of this hardworking teache... “
ABHISHEK BHARTI
“ Sir, you are really awesome. I have never met you personally but ek ajeeb sa mental connection ho gaya hai aapse. I am taking your satellite classes in Agra. I can't even imagine what would be the sit... “
PARAS KALRA
“ Thank you sir, for converting our mistakes into lessons, pressures into productivity and skills into strength. You really know how to bring out the best in us. You are the answer to all our problems a... “
PRIYANSHI GARG
“ As the name suggests, IGP is an institute that really grooms professionals in true manner. Experience is not something which can be defined in words. It is a feeling and the feeling here at IGP with A... “
SHIVAM GOEL
“ Having studied from Ashish Kalra sir in IPCC, I was absolutely sure to take my classes from him for CA Final too. The way he teaches the concepts, they get deeply engraved in us in a manner that it's ... “
MANVI DHINGRA
