Financial Services

Paper Code: 
FMG 216
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

 

Course Objectives:

The objective of this course is 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
  1. Students will examine the processes of managing various financial services in recent time and gain knowledge of different innovative financial instruments.
  2. Students will analyze and develop the ability to about the concept of venture capital and mutual funds in India.
  3. Students will critically evaluate the comprehend mechanism of leasing and hire purchase.
  4. Students will analyze the comprehend procedure of securitization of debt and merchant banking.
  5. Students will examine the various aspects of factoring and credit cards.

Approach in teaching: Interactive Lectures, Discussion, Tutorials, Power point presentation.    

 Learning activities for the students:                              Self learning assignments, Case study, current issues

 

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

• 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.
Securitization of Debt-
• Meaning, Structure,
• Benefits of securitization 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
• 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

Academic Year: 
2021-2022
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