LESSON PLAN Name of the teacher: Soumya.C.B

Date: 11-11-2017

Name of the school: S.N.H.S.S

Std: +2

Subject: Business studies

Str: 50/56

Unit: financial management

Period: 7

Topic: financial planning

Duration: 45mnts Average age: 17

Content outline Content analysis Terms Facts

Concept Major

Minor

Financial management-financial planning

Blue print, substitute  Financial planning is essentially the preparation of a financial blue print of an organizations future operation.  The objective of financial planning is to ensure that enough funds are available at the right time.  Adequate funds are not available the firm will not be able to honour its commitment.  Excess funds are available, it will unnecessarily add to the cost and may encourage wasteful expenditure.  Financial planning is not equivalent to or a substitute for financial management.  Financial management aims at choosing the best investment and financial alternatives.  The objective of financial management is to increase the shareholders wealth.  Financial planning aims at smooth operation by focusing on funds requirements and their availability.  The objective of financial planning is to ensure availability of funds when ever required.  Proper estimation of funds required for different purpose.  Financial planning tries to specify possible source of these funds.  Financial planning aims to see that the firm does not raise resources unnecessary.  Excess funding is almost all bad as inadequate funding.

Financial planning Financial planning is ess3entially preparation of a financial blue print of organisations future operations. Objective of financial planning

The objective of financial planning is to ensure that enough funds are available at the right time. To ensure availability of funds whenever these are required, to see that firm does not raise resources unnecessarily. Curricular objectives

Mental process

To generate an idea about the concept of financial planning. Understanding and establishing its need on enterprise. Observing, discussing and identifying of the objectives of financial planning through group discussion, general discussion and situational talk and students develop a practical outlook based on it.  Retrieve/retell/recollect information  Readily make connection to know information based on past experience and formulate ideal concept.  Translate knowledge and understanding and applies them in a new situation.  Communicate knowledge through different media. Students should have an idea about planning.

Prerequisites Teaching learning resources Teaching learning strategy Reference Classroom process

Usual classroom aids ,activity sheet ,chart Brain storming, group discussion, general discussion NCERT text book, Plus Two Business studies text book Actual process

Phase1 :introduction phase Activity1:brain storming and general discussion After the usual classroom practices then teacher begin the class with a moral story. Then the teacher told the story of Hari and Ravi. Raman is an old man .he had two sons, Hari and Ravi. When Raman become ill he called his sons and gave them some money and said that you take it equally and use it properly. After that Raman died. Hari is a brilliant man. He uses the money for starting a business and Ravi use the money for enjoying with his friends. Some days later Hari get a good return from his business and Ravi lost all his money and didn’t get any return. Then the teacher asked the student that what you understand from this story. Then the student gave explanations. Then the teacher connected it with the concept. Then the teacher lead the student to the concept of financial planning. Then the learner reach the concept.

Financial planning Financial planning is essentially preparation of a financial blue print of an organizations future operation.

Phase2:developmental phase Activity2:group discussion Teacher asked the student to form a six base group and conduct a group discussion. By continuing teacher gave the following key points.  Money  Structure  Policies  Use of resources By continuing teacher clarifies the doubts of children during group discussion. After the prescribed time limit the teacher invite the group members for presentation After that teacher consolidate the points with relevant clarification.

Phase3:concluding phase Activity3:general discussion Direct discussion from previously discussed details the teacher asked to the learner to explain the objectives of financial planning. Teacher motivates the learner to sequentially organizing the concept in memory. Finally the teacher consolidates the points.

OBJECTIVES OF FINANCIAL PLANNING a. Determining capital requirements b. Determining capital structure c. Framing financial policies d. Ensures that the scare financial resources are maximally utilized in best possible manner.

Review question 1. What do you mean by financial planning 2. What are the objectives of financial planning

Follow up activity “ Preparation of financial planning essential for a business.”justify your answer