Financial Services

Paper Code: 
24AAF415
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

This course will enable the students to acquaint students with the process of managing the Financial Services.

Course Outcomes (COs):

 

Course

Course Outcomes

Learning and teaching strategies

Assessment Strategies

Course Code

Course Title

 

 

 

 

 

 

 

 

 

24AAF415

 

 

 

 

 

 

 

 

 

Financial Services

(Theory)

CO145: Analyze innovations and challenges in financial service industry in India

CO146: Evaluate financial services like leasing and hire- purchase.

CO147: Appraise the various concepts in relation to Mutual Funds and Merchant Banking

CO148:  Acquire an overall understanding of Factoring and Securitization of debts.

CO149: Explain various concepts and issues related to Venture Capital and Credit cards

CO150: Contribute effectively in course – specific interaction.

 

Approach In Teaching: Interactive lectures, Group Discussions, Reading published content on RBI, SEBI, AMFI websites, Reading Economic times

 

Learning activities for the students: Seeing Videos and getting updated about financial services

Quiz, CA Test, Assignments, SEE

 

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 and 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.

9.00
Unit III: 
Mutual Funds and Merchant Banks:

• Mutual Funds: Meaning, Types, importance, General Guide lines.
• Merchant Banks: Origin, Services, Progress & Problems.

9.00
Unit IV: 
Factoring and Securitization of Debt:

• Factoring: Meaning, Functions, Types, Factoring in India.
• Securitization of Debt: Meaning, Structure, Benefits, Securitization vs. Factoring, Securitization in India and Reasons for its unpopularity in India.

9.00
Unit V: 
Venture Capital and Credit Cards:

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

Essential Readings: 

1. Financial Markets and Services -Gordon Natrajan(Himalaya Publishing)
2. Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi
3. Srivastava R.M.-“Management of Indian Financial Institutions”Himalaya Publication, New Delhi

References: 

1. Vasant Desai, “Indian Financial System”, Himalayan Publication
2. Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.
3. Khan M.Y. - “Indian Financial System” Vikas Publishing house, New Delhi
4. Sinha, S.L.N., “Development Banking in India”, (Madras: Institute of Financial Management and Research, 1976).

E- Contents:
1. https://www.icai.org/post.html?post_id=18003

Reference Journals:

1. Indian Journal of Finance

Academic Year: