FINANCIAL SERVICES

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

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

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

 

CO68 Examinethe processes of managing various financial services in recent time and gain knowledge of different innovative financial instruments.

CO69 Develop the ability to acquire the knowledge of the working of venture capital and mutual funds in India.

CO70 Critically evaluate and comprehend the mechanism of leasing and hire purchase.

CO71 Enable the students to examine the mechanism of securitization of debt and merchant banking.

CO 72 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

 

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 and Mutual Funds

• 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:

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 and Credit Card

Factoring
• Meaning, Functions, Types,
• Securitization vs. Factoring

Credit cards-
• Meaning, Types, Parties,
• Procedure,
• Benefits & Demerits of credit cards.

Essential Readings: 

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

References: 

• 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...

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: 
2022-2023
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