Financial Markets & Services

Paper Code: 
FSG 324
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

The course will enable students to -

  1. Provide an in-depth knowledge on operations of financial markets and services in India
  2. Give knowledge about the  financial products and services. 

Course Outcomes (Cos):

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FSG  324

Financial Markets and Services

(Theory)

The students will be able to –

CO63.      Describe the key terminology of Financial Services and markets and outline the challenges in the financial services sector.

CO64.      Gain an understanding about various aspects of primary and secondary markets.

CO65.      Compare and Contrast the various types of financial products and services of stock exchange, and Illustrate their benefits and limitations.

CO66.      Analyze various mutual fund schemes, compare and contrast different types of mutual funds.

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching

 

Learning activities for the students:

Field activities, Presentation, Giving tasks

Class test, Semester end examinations, Quiz, Solving Numerical problems in tutorials, Assignments, Class Presentation

 

18.00
Unit I: 
Financial Market:

Financial Market: Concept, Classification- Money Market, Capital Market, Mortgage Market, Long Term Loan Market, Short Term Loan Market, Money Market vs. Capital Market.

18.00
Unit II: 
Financial Services-

Financial Services- Introduction, Scope, Causes of financial Innovation, new financial services, Innovative financial Instruments, challenges in the financial service sector.

18.00
Unit III: 
Financial Market

Primary Market -Meaning, distinction and Relationship between New Issue Market and Stock Exchange.
Secondary Market- Introduction, Services of Stock Exchange, listing of Securities, Online Trading- concept, Features and Advantages, Recent Development of Stock Exchange

18.00
Unit IV: 
Factoring and Forfaiting

Factoring - Meaning, Functions, Types, Factoring in India.
Forfeiting - Meaning , Working, Benefits, Drawbacks and Factoring in India.

18.00
Unit V: 
Mutual Funds

Mutual Funds: Concept of a Mutual Fund; Concept of Mutual funds, Role of Mutual Funds in Financial Markets, Types of Mutual Funds :-Open-end Funds/Closed-end Funds, Tax Exempt/Non Tax Exempt Funds, Exchange Traded Funds, Liquid Funds, Equity Funds, Debt Funds, Hybrid Funds. Recent trends in Mutual Funds industry in India.

Essential Readings: 

1. Bhole. L.M. “Financial Markets and Institutions’ Tata McGraw Hill, New Delhi
2. Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication, New delhi
3. Vasant Desai, “Indian Financial System”, Himalayan Publication

References: 

1. Gold Smith.R.W. “Financial Institutions”
2. Khan M.Y “Indian Financial Theory and Practice”,Vikas Publishing House.

Academic Year: