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Financial Markets (Theory) [1]

Paper Code: 
24CFSG113
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The students will be enabled to understand the Indian financial system comprehensively, including its components, regulatory bodies, banking, non-banking institutions, money markets, debt markets, and capital markets, fostering insights into economic development.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24CFSG 113

 

Financial Markets

(Theory)

CO13: Develop an insight about the financial system and its regulatory bodies.

CO14: Compare the functions and  need of the establishment of various banking and non banking financial institutions.

CO15: Assess the characteristics, Instruments and tools of managing liquidity in money  market.

CO16: Examine basic features of a debt securities offered by corporate or governments and to familiarize with the primary and secondary markets for government securities and corporate debt.  

CO17: Analyze structure, functions and regulation of Indian securities market. and also learning about various investment options available

CO18: Contribute effectively in course-specific interaction

 

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

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

CA Test, Semester end examinations, Quiz, Assignments, Presentation.

 

12.00
Unit I: 
Indian Financial System

• Components and Functions, Financial System and Economic Development, Weaknesses of Indian Financial System
• Financial Regulatory Institutions in India - RBI, SEBI, IRDA, PFRDA - Objectives and Functions, Non-Statutory Bodies -AMFI, Ministry of Corporate Affairs (MCA)

12.00
Unit II: 
Financial institutions

• Banking Institutions: Functions of banks; Classification of Banks : Commercial banks, Cooperative banks, differentiated banks .
• Non-banking Financial Institutions: Provident Fund, Pension Fund, Insurance Companies, Mutual Funds, Credit Rating Agencies, Merchant Bank, Venture Capital Funds - Objectives and Functions ,Recent Developments of Financial institutions

12.00
Unit III: 
Money Market

• Introduction, Basic Characteristics of Money Market Money Market Intermediaries
• Treasury Bills, Types of T- Bills, Commercial papers, Commercial Bills, Certificates of Deposits, Call / Notice Money Market, , Money Market Mutual Funds, Role of RBI in money market.

12.00
Unit IV: 
Debt Market

• Introduction, Features of Debt Market
• Money Market v/s Debt Market in India
• Instruments and Players in Debt Market-Government Security
Market,Corporate Bond Market,Public Sector Undertaking Bonds Market,
• Bonds-Types, Features

12.00
Unit V: 
Capital Market, Primary Market and Secondary Market

• Classification and Importance of Capital Market
• Primary Market: Functions and methods of public issue -IPO, FPO,OFS, Private Placement, Right issues, Players in new issue markets
• Secondary Market: Meaning and Functions of Stock Exchange, Difference between new issue markets and stock exchange, Relationship between new issue market and stock exchange -
• Recent Developments in Indian Stock Exchanges

Essential Readings: 

• K.Natrajan Gordon, Financial Markets and Services , Himalaya publishing house
• Pathak Bharti V, , Indian Financial System, Pearson Education, New Delhi
• Gupta N., Gupta Shashi K., Aggarwal N, Financial Institutions and Markets, Kalyani publishers

References: 

Suggested Readings:

• Agarwal M.R,. Security analysis and portfolio management , Garima Publications
• Bhole L.M., Financial Institutions and Markets structure, growth and Innovation, Tata Mc Graw Hill, New Delhi.
• National Stock Exchange of India Limited, Capital Market Core Module.

E-Content:
• https://www.bseindia.com/static/about/BSE_Ebooks.aspx [2]
 https://www.bseindia.com/ [3]
 https://www.nseindia.com/ [4]
 https://www.sebi.gov.in/ [5]

Reference Journals:
• Journal of Financial Markets : https://www.sciencedirect.com/journal/journal-of-financial-markets [6]
• Indian journal of research in Capital markets : http://indianjournalofcapitalmarkets.com [7]

Academic Year: 
2024-2025 [8]

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Source URL: https://finance.iisuniv.ac.in/courses/subjects/financial-markets-theory

Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/financial-markets-theory
[2] https://www.bseindia.com/static/about/BSE_Ebooks.aspx
[3] https://www.bseindia.com/
[4] https://www.nseindia.com/
[5] https://www.sebi.gov.in/
[6] https://www.sciencedirect.com/journal/journal-of-financial-markets
[7] http://indianjournalofcapitalmarkets.com
[8] https://finance.iisuniv.ac.in/academic-year/2024-2025