FINANCIAL SERVICES

Paper Code: 
CFSG 213
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcome (COs):

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

 
 

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

 

CO41 Familiarize themselves with the working of  financial services  and gain knowledge of different innovative financial instruments.

CO42 Evaluate the role of  venture capital and mutual funds in India.

CO43 Critically evaluate and comprehend the mechanism of leasing and hire purchase.

CO44 Enable the students to examine the mechanism of securitization of debt and merchant banking.

CO45 Examine and make judgement on various aspects of factoring services and different categories of credit cards.

Class lectures

Seminars

Tutorials

Group discussions and Workshops

Question preparation

 

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects

 

 

12.00
Unit I: 
Financial Services

                                                                                                      

  • Introduction, Scope, importance of financial services
  • Causes for financial Innovation,
  • Classification of Financial Service Industry
  • New financial product and services, Innovative financial Instruments, challenges in the financial service sector,present scenario.

 

12.00
Unit II: 
Venture Capital and Mutual Fund Services:

Venture Capital
• concept, features, scope of venture capital,
• methods and importance of venture financing
• Guidelines for venture financing
Mutual Fund Services:
 definition, fund unit vs share,Organization of the fund
• types of Mutual fund and significance of Mutual fund
• Reason for slow growth, future of mutual fund industry

12.00
Unit III: 
Leasing and Hire Purchase

Leasing-
• Definition, Types, Advantages & Disadvantages of lease,
• Problems faced by lease Industry in India.
• Accounting and tax aspects of leasing.
• Legal Aspects of leasing
• Factors influencing buy/borrow or lease decision
Hire Purchase-
• Meaning,features, difference between lease and hire purchase,
• Bank credit for Hire Purchase.

12.00
Unit IV: 
Merchant Banking and Credit Cards

Merchant banking:
• concept, Merchant banks vs Commercial banks,
• Scope , problems of merchant banks,
• Services of Merchant bank in India.
• Guidelines for merchant bankers
Credit cards-
• Meaning, Types, Parties,
• Procedure, Facilities offered to cardholders
• Benefits & Demerits of credit cards.
• Prepaid instruments

12.00
Unit V: 
Securitization of Debt and Factoring

Securitization of Debt-

  • Meaning, Structure,
  • Benefits of Securitization of debts
  • Types of securities

     Factoring                                                                                                  

  • Meaning, Functions, Types of Factoring, Modus Operandi, Benefits
  • Factoring vs Securitisation , Factoring vs Discounting, Factoring Vs Forfaiting

 

Essential Readings: 

SUGGESTED TEXT BOOKS:
• Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication, New delhi
• Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi
SUGGESTED REFERENCE BOOKS:
• 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
• 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.
E-RESOURCES:
https://www.google.co.in/books/edition/MANAGEMENT_OF_FINANCIAL_INSTITUTI...
https://www.google.co.in/books/edition/Financial_Markets_Institutions_Se...
https://www.google.co.in/books/edition/FINANCIAL_MARKETS_INSTITUTIONS_AN...

REFERENCE JOURNALS:
• Indian Journal of Finance
https://www.journals.elsevier.com/journal-of-banking-and-finance
• Journal of Banking, Information Technology and Management
https://www.springer.com/journal/10693

Academic Year: