Financial Services (Theory)

Paper Code: 
24CFSG213
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The students will be enabled to understand and apply financial services concepts including venture capital, mutual funds, leasing, merchant banking, credit cards, securitization, and factoring in practical scenarios.

 

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24CFSG 213

 

Financial Services

 (Theory)

CO49: Familiarize themselves with the working of  financial services  and gain knowledge of different innovative financial instruments.

CO50: Evaluate the role of  venture capital and mutual funds in India.

CO51: Evaluate and comprehend the mechanism of leasing and hire purchase.

CO52: Examine and make judgement on various aspects of factoring services and different categories of credit cards.

CO53: Enable the students to examine the mechanism of securitization of debt and merchant banking.

CO54: Contribute effectively in course-specific interaction

 

 

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

 Learning activities for the students:                              Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

CA test, Semester end examinations, Quiz, Assignments, and Presentations.

 

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: 

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

References: 

Suggested Readings:

• 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- Content:

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: