Financial Services

Paper Code: 
24CBFS202
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The course will enable the students to develop an understanding of the functioning of various financial services such as Mutual Funds, Leasing, Venture Capital, Merchant Banking, credit and debit cards, etc.

Course Outcomes: 

 

 

Course

 

 

Learning outcome (at course level)

Learning  and Teaching Strategies

Assessment Strategies

Course Code

 

 

Course Title

24CBFS202

 Financial

CO61 Assess the workings of financial services and create advanced strategies for different innovative financial instruments.

CO62 Evaluate the role of venture capital and mutual funds in India.

CO63 Critically evaluate the mechanism of leasing and hire purchase.

CO64 Examine the mechanism of securitization of debt and merchant banking.

CO65 Examine various aspects of factoring services and different categories of credit cards.

CO66 Contribute effectively in course-specific interaction

Approach in teaching: Blended Learning, Collaborative approach, Interactive Lectures, Discussion, Group Projects, PowerPoint presentation.

   

Learning activities for the students:

Self-learning assignments, Seminar presentations, Case Study Analysis, Brainstorming activities

 

Class tests, CA Test,

Semester end examinations, Quiz,

Evaluation of student Presentations,

 

Evaluation of Individual and group projects,

 

Assessment of Project Reports and viva voce.

  1.  
12.00
Unit I: 
Financial Services

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

12.00
Unit II: 
Venture Capital and Mutual Funds

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 the 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. forfeiting

Essential Readings: 

1. Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication, New Delhi.
2. Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi

References: 

1. Srivastava R.M.-“Management of Indian Financial Institutions”Himalaya Publication, New Delhi
2. Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.
3. Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand& Company LTD, New Delhi
4. Khan M.Y. - “Indian Financial System” Vikas Publishing house, New Delhi
5. Sinha, S.L.N., “Development Banking in India”, (Madras: Institute of Financial Management and Research, 1976).
6. Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.
e-Resources:
1. https://www.google.co.in/books/edition/MANAGEMENT_OF_FINANCIAL_INSTITUTI...
2. https://www.google.co.in/books/edition/Financial_Markets_Institutions_Se...
3. https://www.google.co.in/books/edition/FINANCIAL_MARKETS_INSTITUTIONS_AN...
4. Indian Journal of Finance
5. https://www.journals.elsevier.com/journal-of-banking-and-finance
6. Journal of Banking, Information Technology and Management
7. https://www.springer.com/journal/10693

Academic Year: