Financial Markets

Paper Code: 
24AAF313
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objective:

 

This course will enable the students to delve into the intricacies of the Indian financial system, exploring key areas such as financial concepts, money markets, new issue markets, secondary markets, and SEBI's role.

 

Course Outcomes (COs):

Course

Course Outcomes

Learning and teaching strategies

Assessment Strategies

 

Course Code

Course title

 

24AAF313

 

Financial Markets

(Theory)

CO97: Explain about role of the Indian financial system in economic development of India

CO98: Explain about money market and its recent developments

CO99: Differentiate between functions of primary and secondary market.

CO100: Explain recent developments in the secondary market.

CO101: Acquire knowledge regarding the functions, powers and objectives of SEBI.

CO102: Contribute effectively in course-specific interaction.

Approach in teaching:

Reading and Surfing the various financial companies websites, Preparing PPTs on recent guidelines of RBI, SEBI and AMFI

 

Learning activities for the Students:

Preparing assignments on latest financial products and new developing financial markets.

 

 

Evaluation of PPT's, MS Excel Solution files, Quizzes, CA Test, Assignments, End Term Test

 

9.00
Unit I: 
Indian Financial System:

• Functions, Financial concepts-Financial assets, Financial intermediaries, Financial Markets, Financial rates of return, Financial instruments
• Development of Financial system in India
• Financial system and economic development
• Weaknesses of Indian Financial System.

9.00
Unit II: 
Money Market:

• Features, Difference between Money market and Capital Market, Importance, Composition of Money Market
• Call Money Market-Introduction, Advantages, Drawbacks
• Commercial Bill Market- Introduction, Types of Bills, Advantages, Drawbacks
• Treasury Bill Market- Introduction, types of treasury bills, Importance, Defects
• Features of Money market instruments-Commercial paper, Certificate of Deposit, Interbank participation certificates, Repo instruments
• Recent development in money market, Deficiencies of Indian Money Market

9.00
Unit III: 
New Issue Market:

• Introduction, Difference between Primary and Secondary Market.
• Functions, Methods of floating new issue, Players, Advantages, Disadvantages
• Recent developments in Indian Primary Market

9.00
Unit IV: 
Secondary Market:

• Introduction, Functions of Stock Exchanges, Organization of Stock Exchanges in India-Traditional structure, Demutualisation, Corporatisation
• Listing and Delisting of Securities, Insider Trading.
• Stock Indices of BSE and NSE
• On line Trading-Advantages
• Defects and recent developments of Indian Capital Market

9.00
Unit V: 
SEBI:

• Introduction, Objectives, functions, powers.
• SEBI Guidelines for Primary Market, Secondary Market, Investor Protection

Essential Readings: 

1. Financial Markets and Services -Gordon Natrajan(Himalaya Publishing)
2. Blake, D.. Financial market analysis. John Wiley & Sons.
3. Alexander, C. Market models: A guide to financial data analysis. University of Sussex.

References: 

1. Vasant Desai, “Indian Financial System”, Himalayan Publication
2. Bhalla V.K.-“Financial Markets &Services”Anmol Publications, Delhi
3. Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.
4. Khan M.Y “Indian Financial Theory and Practice”, Vikas Publishing House

E-Content:
1. https://byjus.com/commerce/what-is-financial-market/
2. http://www.sciencedirect.com/science/journal/13864181
3. https://www.icai.org/post.html?post_id=18003

Reference Journals:
• The Journal of Financial Markets
• Indian Journal of Finance

Academic Year: 
2024-2025
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