FINANCIAL SERVICES

Paper Code: 
AAF 415
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcome (COs)

Learning and teaching strategies

Assessment Strategies

 
 

Upon successful completion of this course, the student will be able to:

CO132: Analyze challenges in financial services in India

CO133: Evaluate financial services like leasing and hire- purchase.

CO134: Appraise the various concepts in relation to Mutual Funds and Merchant Banking

CO135:  Acquire an overall understanding of Factoring and Securitization of debts.

CO136: Understand various concepts and issues related to Venture Capital and Credit cards

Interactive lectures, Group Discussions, Reading published content on RBI, SEBI, AMFI websites, Reading Economic times, Seeing Videos and getting updated about financial services

Quiz, CA Test, Assignments, SEE

 

 

9.00
Unit I: 

·         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: 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: Meaning, Types, importance, General Guide lines.

·         Merchant Banks: Origin, Services, Progress & Problems.

9.00
Unit IV: 

·         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: Meaning, Features & Methods

·         Credit cards: Meaning, Types, Parties, Procedure & Facilities, Benefits & Demerits.

Essential Readings: 

·         Financial Markets and Services -Gordon Natrajan(Himalaya Publishing)

References: 

·         Vasant Desai, “Indian Financial System”, Himalayan Publication

·         Bhalla V.K.- “Financial Markets &Services “Anmol Publications, Delhi

·         Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.

https://www.icai.org/post.html?post_id=18003

·         Indian Journal of Finance

 

Academic Year: