Financial Services

Paper Code: 
FMG 216
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

  • To make students understand the functions of Financial Services operating in the financial markets and their role in the development of economy.

Course Outcome (COs):

Course

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

   Paper Title

FMG 216

Financial Services

CO68 Acquaint the students with the processes of managing various financial services and processes of managing the Financial Services in recent scenario.

CO69 Develop ability to understand about the venture capital and mutual funds.

CO70 Inculcate the knowledge about the comprehend mechanism of leasing and hire purchase.

CO71 Understand and insight about the procedure of securitization of debt and merchant banking.

CO72 Gain required knowledge and understanding about the various aspects of factoring and credit cards.

Lecture and Class Discussion  (Tool-Power Point presentation)

 

Written tests/ Presentations/

Assignment/ Quiz.

 

10.00
Unit I: 
Financial Services-

Introduction, Scope, importance of financial services Causes of financial Innovation, new financial product and services, Innovative financial Instruments, challenges in the financial service sector.

10.00
Unit II: 
Venture Capital

concept, features, scope of venture capital, methods and importance of venture capital
Mutual Fund Services:-definition, fund unit vs share, types of Mutual fund and significances of Mutual fund

9.00
Unit III: 
Leasing and hire purchase

Definition, Types, Advantages & Disadvantages of lease, Problems faced by lease Industry in India. Accounting and tax aspects of leasing.
Hire Purchase- Meaning, difference between lease and hire purchase, bank credit for Hire Purchase.

8.00
Unit IV: 
Merchant Banking:

concept, Merchant banks vs Commercial banks, Scope of merchant banks, Services of Merchant bank in India.
Securitisation of Debt- Meaning, Structure, Benefits of securitisation of debts

8.00
Unit V: 
Factoring

Meaning, Functions, Types, Securitisation vs. Factoring
Credit cards- meaning, Types, Parties, Procedure, Benefits & Demerits of credit cards.

Essential Readings: 

• Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi
• Srivastava R.M.-“Management of Indian Financial Institutions”Himalaya Publication, New Delhi
• Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.
• Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New Delhi

References: 

• Khan M.Y. - “Indian Financial System” Vikas Publishing house, New Delhi
• Sinha, S.L.N., “Development Banking in India”, (Madras: Institute of Financial Management and Research, 1976).
• Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.
• P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi
• B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited

Academic Year: 
2020-2021
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