IGNOU MMPF 001 Working Capital Management: Assignment, Question Papers and Study Blocks
Part of IGNOU Study Material: IGNOU Study Material 2026: How to Check Book Status and Download eSLM PDF?
MMPF 001 Working Capital Management at a glance
| Detail | MMPF 001 |
|---|---|
| Course code | MMPF 001 |
| Course title | Working Capital Management |
| Credits | 4 |
| Study hours | 120 hours |
| Course type | Theory |
| Programme (term) | PGDIFM (1st semester) |
| Programme medium | English |
| Study blocks | 4 blocks on eGyanKosh |
| Term-end exams | June and December |
| Assignment code | MMPF-001/TMA/ JULY/2024 |
| Assignment last date | July 2024 session: 31 October 2024; January 2025 session: 30 April 2025 |
| Term-end exam | 3 Hours, 100 marks (June 2026 paper) |
| Assignment file lists | MBA, MBA(OL), MBAFM, PGDIFM |
MMPF 001 subject name and where it sits in IGNOU PGDIFM
MMPF 001 is named Working Capital Management. It is a 4-credit theory course, requiring 120 hours of learner study. This course is part of the first semester of the IGNOU Post Graduate Diploma in Financial Management (PGDIFM), offered through the School of Management Studies (SOMS) in English medium.
In the same first semester of the PGDIFM programme, learners also study MMPC 004 Accounting for Managers, MMPC 014 Financial Management, MMPF 002 Capital Investment and Financing, and MMPF 003 Management Control Systems. Each of these courses also carries 4 credits. MMPF 001 is listed in the course table for PGDIFM, but other IGNOU programmes may also carry this course.
The July 2024 and January 2025 sessions assignment file for MMPF 001 is issued for MBA, MBA(OL), MBAFM and PGDIFM, so learners of each of these programmes write the same questions.
The whole programme: IGNOU PGDIFM syllabus and IGNOU PGDIFM fees, eligibility and admission.
MMPF 001 syllabus: the 4 study blocks on eGyanKosh
MMPF 001 Working Capital Management is a 4-credit theory course. It is structured into four study blocks available on eGyanKosh. Block 1, “Concepts and Determination,” establishes the foundational understanding of working capital.
The 4 blocks hold 15 units between them:
- Block 1: Concepts and Determination
- Unit 1: Conceptual Framework
- Unit 2: Operating Environment of Working Capital
- Unit 3: Determination of Working Capital
- Block 2: Management of Current Assets
- Unit 4: Management of Receivables
- Unit 5: Management of Cash
- Unit 6: Management of Marketable Securities
- Unit 7: Management of Inventory
- Block 3: Financing of Working Capital
- Unit 8: Theories and Approaches
- Unit 9: Payables Management
- Unit 10: Bank Credit – Principles and Practices
- Unit 11: Other Sources of Short Term Finance
- Block 4: Working Capital Management : Issues and Practices
- Unit 12: Working Capital Management in SMES
- Unit 13: Working Capital Management in Large Companies
- Unit 14: Working Capital Management in MNCS
- Unit 15: Case Studies
Getting the printed books and e-books: IGNOU study material.
MMPF 001 assignment: download, submission and marks
Assignments are compulsory and must be written before taking the Term-End Examination (July 2026). Tutor Marked Assignments for MMPF 001 go to the Coordinator of the learner’s Learner Support Centre (July 2026). A failed assignment must be re-submitted. Once an assignment is passed, it cannot be re-submitted to improve the grade.
MMPF 001 assignment questions: July 2024 and January 2025 sessions
Assignment MMPF-001/TMA/ JULY/2024 has 5 questions. The instruction on the file: “Attempt all the questions and submit this assignment to the Coordinator of your study centre.”
| Q. | Question | Unit to read |
|---|---|---|
| 1 | Discuss the Industry Norm Approach and Economic Modelling Approach to the determination of working capital | Unit 3: Determination of Working Capital Block 1: Concepts and Determination |
| 2 | The Profit and Loss Account for the year ended 31st March, 2024 and the Balance Sheet as on that date, for Alpha Ltd. is as follows: Profit and Loss Account for the year ended 31st March, 2024 Particulars Rs. Lakhs Particulars Rs. Lakhs Opening stock 1.75 Sales : Credit 12.00 Add: Manufacturing costs 10.75 Cash 3.00 12.50 Less: Closing stock 1.50 Cost of goods sold 11.00 Gross Profit 4.00 15.00 15.00 Administrative expenses 0.35 Gross Profit 4.00 Selling expenses 0.25 Other Income 0.09 Depreciation 0.50 Interest 0.47 Income –tax 1.26 Net Profit 1.26 4.09 4.09 Balance Sheet as on 31st March, 20 | Unit 3: Determination of Working Capital Block 1: Concepts and Determination |
| 3 | How does uncertainty affect Inventory Management? Explain any one model of Inventory Management under the condition of uncertainty | Unit 7: Management of Inventory Block 2: Management of Current Assets |
| 4 | Explain the significance of trade credit. What are the factors that influence the availability of trade credit? | Unit 9: Payables Management Block 3: Financing of Working Capital |
| 5 | Select any Small or Medium Enterprise (SME) of your choice. Discuss with them about why they need to manage working capital and how it is done. What are the various barriers faced by them in optimization of working capital | Unit 12: Working Capital Management in SMES Block 4: Working Capital Management : Issues and Practices |
Questions as printed in IGNOU’s file: MMPF 001 assignment PDF. Check the Assignments page before you write, since IGNOU replaces the file each year.
Assignment rules that apply to every IGNOU course: front page format, paper and margin rules, binding and envelope and checking assignment status.
IGNOU student services
MMPF 001 question papers and the term-end exam
IGNOU publishes previous term-end question papers for MMPF 001 Working Capital Management on its Previous Question Papers page. These are arranged by programme and course. The term-end examinations for MMPF 001 are held twice a year, in June and December. Examination centres are available across the country and abroad.
The examination fee for a theory course like MMPF 001 is Rs. 200 per course (December 2026 TEE). Learners may write the exam in Hindi even if they registered in English medium, except for language programmes (December 2026 TEE). There are two daily exam sessions: 10 AM to 1 PM and 2 PM to 5 PM (December 2026 TEE).
Only term-end theory exams can be re-evaluated; projects, practicals, workshops, assignments, or seminars are not eligible. A copy of the answer script costs Rs. 100 per course (January 2026). Early declaration of results is available for Rs. 1000 per course for Indian students, provided there is proof of selection for a post or further studies (January 2026).
MMPF 001 previous year question papers
The last 6 term-end papers on IGNOU’s question paper site:
| Exam | Questions on the paper | Official file |
|---|---|---|
| June 2026 | 8 | Question paper PDF |
| December 2025 | 8 | Question paper PDF |
| June 2025 | 8 | Question paper PDF |
| June 2024 | 8 | Question paper PDF |
| December 2023 | 8 | Question paper PDF |
| June 2023 | 8 | Question paper PDF |
MMPF 001 exam pattern
The June 2026 paper runs 3 hours and carries 100 marks. The instruction at the top reads: “(i) Attempt any five questions. (ii) All questions carry equal marks.”
MMPF 001 topics asked in more than one exam
Read across the 6 papers, these subjects came back:
| Topic | Asked in | Unit |
|---|---|---|
| Cash Reserve Ratio and Statutory Liquidity Ratio impact | June 2026, December 2025, June 2025, June 2024, December 2023, June 2023 | Unit 10: Bank Credit – Principles and Practices |
| Determinants and advantages of trade credit | June 2026, December 2025, June 2025, December 2023, June 2023 | Unit 9: Payables Management |
| Gross versus net working capital and types | June 2026, December 2025, June 2025, December 2023, June 2023 | Unit 1: Conceptual Framework |
| Investment in marketable securities and cash management | June 2026, December 2025, June 2025, June 2023 | Unit 6: Management of Marketable Securities |
| Behavioural biases in financial decision making | June 2026, December 2025, June 2025, December 2023 | – |
| Approaches to determination of working capital requirements | June 2026, June 2025, December 2023 | Unit 3: Determination of Working Capital |
| Financing options and access for SMEs and large companies | June 2026, June 2025, June 2023 | Unit 12: Working Capital Management in SMES |
| Working capital management objectives and issues in SMEs | December 2025, June 2024, December 2023 | Unit 12: Working Capital Management in SMES |
| Factors and international cash management in MNCs | December 2025, June 2025, June 2024 | Unit 14: Working Capital Management in MNCS |
| Commercial papers terms conditions and issuance procedure | June 2026, December 2025, June 2025 | Unit 11: Other Sources of Short Term Finance |
| Bank guarantee as short term source of finance | June 2026, June 2025, June 2024 | – |
| Value creation and Walker principles of working capital investment | December 2025, June 2024 | Unit 1: Conceptual Framework |
How the questions in these papers spread over the blocks (43 of 48 questions match a unit):
| Block | Questions |
|---|---|
| Block 1: Concepts and Determination | 10 |
| Block 2: Management of Current Assets | 12 |
| Block 3: Financing of Working Capital | 11 |
| Block 4: Working Capital Management : Issues and Practices | 10 |
For the exam itself: previous year question papers by programme, the exam form, the date sheet and results and grade card.
Other PGDIFM courses in the same term
Official IGNOU links for MMPF 001
- eGyanKosh: MMPF-001 Working Capital Management
- IGNOU previous term-end question papers
- IGNOU assignments page
Common IGNOU Questions
What is the subject name for MMPF 001?
The subject name for MMPF 001 is Working Capital Management. This course carries 4 credits and is a theory-based course, requiring 120 hours of learner study.
Where can I find the study blocks for MMPF 001?
The study blocks for MMPF 001 Working Capital Management are available on eGyanKosh. There are four blocks: Concepts and Determination, Management of Current Assets, Financing of Working Capital, and Working Capital Management: Issues and Practices.
Where can I find previous question papers for MMPF 001?
Previous term-end examination question papers for MMPF 001 are posted on IGNOU's Previous Question Papers page. These are arranged by programme and course for easy access.
Is MMPF 001 part of any specific IGNOU programme?
Yes, MMPF 001 Working Capital Management is listed in the course table for the IGNOU Post Graduate Diploma in Financial Management (PGDIFM). It is placed in Semester I of this programme, offered by the School of Management Studies (SOMS).
Which courses are taken alongside MMPF 001 in the PGDIFM programme's first semester?
In the first semester of the PGDIFM programme, learners take MMPF 001 Working Capital Management (4 credits) along with MMPC 004 Accounting for Managers (4 credits), MMPC 014 Financial Management (4 credits), MMPF 002 Capital Investment and Financing (4 credits), and MMPF 003 Management Control Systems (4 credits).
Where can I download the assignment for MMPF 001?
IGNOU’s file for the July 2024 and January 2025 sessions is here (PDF), assignment code MMPF-001/TMA/ JULY/2024. Its questions are listed in the assignment section of this page, each with the unit that covers it. Tutor Marked Assignments go to the Coordinator of your Learner Support Centre.
What is the examination fee for MMPF 001?
The examination fee for MMPF 001 is Rs. 200 per theory course for the December 2026 Term-End Examination. Assignments are compulsory and must be submitted before taking the TEE.