Course Objectives:
This course will enable the students to acquire practical and procedural knowledge on various sources of finance available to corporates at their various stages of journey and the legislative framework for raising such funds.
Course Outcomes (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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BCS 412 |
Corporate Finance-II (Theory) |
CO 145:Examine the concepts relating IFSC . CO 146:Interpret the expert knowledge on raising funds from Debt and procedural aspects relating thereto. CO 147:Assess the various compliances required under Foreign funding. CO 148:Analyze various compliances required to be fulfilled under ECB, ADR,GDR,FCCB and FCEB. CO 149:Explore the role of intermediaries and various factors affecting project evaluation. CO 150:Contribute effectively in course – specific interaction. |
Approach in teaching: Learning activities for the students: |
Class test, Semester end examinations, Quiz, Assignments, Class interaction, Presentation, Case study analysis, Open ended questions, think-pair-share, Socratic seminar |
An overview on listing and issuance of securities in International Financial Services Center- Listing and trading of securities in IFSC and the regulatory framework, concept of special purpose acquisition company and regulatory framework for listing of SPAC, framework on listing of ESG debt securities , listing obligations and disclosure requirements under IFSCA listing regulations.
Raising of Funds from Debt and Procedural aspects- Letter of credit, documentation under letter of credit, bank guarantee . debt market in India, forms of debentures, regulatory framework governing debt securities, electronic book mechanism, online bond platform providers and role of Company Secretary in corporate bond market, public deposits, NBFC
Foreign Funding–Institutions: International Finance Corporation (IFC), Asian Development Bank (ADB), International Monetary Fund (IMF), World Bank.
Foreign Funding–Instruments, laws and Procedures: External Commercial Borrowing (ECB), American Depository Receipt (ADR)/Global Depository Receipt (GDR), Foreign Currency Convertible Bonds (FCCB), Foreign Currency Exchangeable Bonds (FCEB)
Role of Intermediaries in fund raising: Investment Advisor, Merchant Banker, Portfolio Manager and Role of Company Secretary
Project Evaluation: Factors affecting the cost of project, Project appraisal through feasibility and Due Diligence (Technical, Financial, and Legal), Project viability and research on innovation, Regulatory Authorities/ agencies, Risk Assessment and mitigation, Credit Risk Management in Project Finance, Preparation of detailed project report
Essential Readings:
Suggested Readings:
E- Content: