Management of Financial Services

Paper Code: 
AAF 615
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquaint students with the process of managing the Financial Services.

9.00

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

9.00

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.

9.00

Mutual Funds- Meaning, Types, importance, General Guide lines.
Merchant Banks- origin, Services, Progress & Problems.

9.00

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

9.00

Venture capital- Meaning, Features & Methods.
Credit cards- meaning, Types, Parties, Procedure & Facilities, Benefits & Demerits.

Essential Readings: 

Bhole. L.M. “Financial Markets and Institutions’ Tata Mc Graw Hill, New Delhi

Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication, New delhi

Vasant Desai, “Indian Financial System”, Himalayan Publication

References: 

Gold Smith.R.W. “Financial Institutions”

Khan M.Y “Indian Financial Theory and Practice”, Vikas Publishing House

Academic Year: