FINANCIAL MARKETS

Paper Code: 
CFSG 113
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

CO11 Develop an insight about the financial system and its regulatory bodies.

CO12 Compare the functions and  need of the establishment of various banking and non banking financial institutions.

CO13 Assess the characteristics, Instruments and tools of managing liquidity in money  market.

CO14 Examine basic features of a debt securities offered by corporate or governments and to familiarize with the primary and secondary markets for government securities and corporate debt.  

CO15 Analyze structure, functions and regulation of Indian securities market. and also learning about various investment options available .

Interactive Lectures, Discussion, Tutorials, Reading assignments, Practical Cases, Power point presentation and Solving Questions.   

 

 

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

 

12.00
Unit I: 
Indian Financial System
  • Components and Functions, Financial System and Economic Development, Weaknesses of Indian Financial System
  • Financial Regulatory Institutions in India - RBI, SEBI, IRDA, PFRDA - Objectives and Functions, Non-Statutory Bodies -AMFI, Ministry of Corporate Affairs (MCA)
12.00
Unit II: 
Financial institutions

:
• Banking Institutions: Functions of banks; Classification of Banks : Commercial banks, Cooperative banks, differentiated banks .
• Non-banking Financial Institutions: Provident Fund, Pension Fund, Insurance Companies, Mutual Funds, Credit Rating Agencies, Merchant Bank, Venture Capital Funds - Objectives and Functions ,Recent Developments of Financial institutions

12.00
Unit III: 
Money Market
  •  Introduction, Basic Characteristics of Money Market Money Market Intermediaries
  • Treasury Bills, Types of T- Bills, Commercial papers, Commercial Bills, Certificates of Deposits, Call / Notice Money Market, , Money Market Mutual Funds,
  •  Role of RBI in money market
12.00
Unit IV: 
Debt Market:
  • Introduction, Features of Debt Market
  • Money Market v/s Debt Market in India
  •  Instruments and Players in Debt Market-Government Security Market,Corporate Bond Market,Public Sector Undertaking Bonds Market,
  •  Bonds-Types, Features
12.00
Unit V: 
Capital Market
  • Classification and Importance of Capital Market
  • Primary Market: Functions and methods of public issue -IPO, FPO,OFS, Private Placement, Right issues, Players in new issue markets
  •  Secondary Market: Meaning and Functions of Stock Exchange, Difference between new issue markets and stock exchange, Relationship between new issue market and stock exchange -
  •  Recent Developments in Indian Stock Exchanges
  •  Overview of Derivative Market: Introduction, features, Types of Instruments in Derivatives market- Forward, Future, Option, Swaps, Commodities- Features.
Essential Readings: 

SUGGESTED TEXT BOOKS:
• K.Natrajan Gordon, Financial Markets and Services , Himalaya publishing house
• Pathak Bharti V, , Indian Financial System, Pearson Education, New Delhi
• Gupta N., Gupta Shashi K., Aggarwal N, Financial Institutions and Markets, Kalyani publishers

SUGGESTED REFERENCE BOOKS:
 Agarwal M.R,. Security analysis and portfolio management , Garima Publications
 Bhole L.M., Financial Institutions and Markets structure, growth and Innovation, Tata Mc Graw Hill, New Delhi.
 National Stock Exchange of India Limited, Capital Market Core Module.

E-RESOURCES
https://www.bseindia.com/static/about/BSE_Ebooks.aspx
https://www.bseindia.com/
https://www.nseindia.com/
https://www.sebi.gov.in/

REFERENCE JOURNALS:
• Journal of Financial Markets : https://www.sciencedirect.com/journal/journal-of-financial-markets
• Indian journal of research in Capital markets : http://indianjournalofcapitalmarkets.com/

Academic Year: