Management of Financial Services

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

Course Objectives:

The objective of this course is to acquaint the students with the processes of managing different Financial Services and recent scenario of financial services in India.

Course Outcome(COs):

Course

Learning Outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

FSG 216

Management of Financial Services

CO68. Acquaint the students with the processes of managing various financial services and processes of managing the Financial Services in recent scenario

CO69. Develop ability to understand about the leasing and hire purchase concept.

CO70. Ability to understand about the comprehend mechanism of mutual fund and merchant banking in India

CO71. Understand and insight about the procedure of securitization of debt and factoring.

CO72. Gain required knowledge and understanding about the various aspects of venture capital and credit cards

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

Written tests, Presentations/

Assignment/ Quiz.

 

9.00
Unit I: 
Financial Services

Financial Services- Introduction, Scope, Causes of financial Innovation, new financial services, Innovative financial Instruments, challenges in the financial service sector.

9.00
Unit II: 
Leasing & Hire Purchase

Leasing- Definition, Types, legal aspects, Advantages & Disadvantages, Problems faced by lease Industry in India.
Hire Purchase- Meaning, Legal position and banks credit for Hire Purchase, Difference between hire purchase and lease

9.00
Unit III: 
Mutual Funds & Merchant Banks

Mutual Funds- Meaning, organization of mutual funds, importance and Types
Merchant Banks- origin, Services, Scope for merchant banking in India

9.00
Unit IV: 
Factoring & Securitisation of Debt

Factoring - Meaning, Functions, Types, factoring vs discounting
Securitisation of Debt- Meaning, Structure, Benefits, Securitisation vs. Factoring, Reasons for its unpopularity in India.

9.00
Unit V: 
Venture capital & Credit cards

Venture capital- Meaning, Features, importance & Methods of venture capital
Credit cards- meaning, Types, 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

References: 

• 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
• B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited

Academic Year: