Inbuss Highlights

"My stint at Infinity has brought out various facets of my personality that were previously unknown to me. So, appears that I'm ripe for Citius, Altius, Fortius!!” - Suruchi Berry, Batch of 2007

Management of Financial Services

Contact Hours : 30 hrs
Credit : 1 Credit
Prerequisite : None
Instructor : Dr Madhu Vij

 

Objective:

  • To understand role of Financial Services in Business organizations and to give an insight into the strategic, regulatory, operating and managerial issues concerning select financial services.
  • Examine the present status and development that are taking place in the financial services sector.
  • Developing an integrated knowledge of the functional areas of financial services industry in the real world situation.

 

 

Course Content

  • Financial Services: An Overview, Indian and Global Perspective – Managing new challenges
  • Asset Liability Management and Basel 2
  • Risk management in Banks
  • Insurance Services, Banc assurance, Reinsurance
  • Credit Rating Agencies
  • E banking
  • Securitization and Asset Reconstruction Companies
  • Credit Cards
  • Venture Capital Financing, Private Equity and Hedge Funds
  • Mutual Funds and Pension Funds
  • Leasing and Hire purchase, Factoring and Forfeiting
  • Stock Exchange, Commodity Exchange

 

Recommended Text

  1. Gurusmy S, Financial Markets and Institutions, Thomson Learning.
  2. Bhole L M, Financial Institutions and Markets: Structure, Growth and Innovations, Tata McGraw-Hill Publishing Company.
  3. Jeff Madura, Financial Markets and Institutions, Thomson / Southwestern.
  4. Saunders and Cornett, Financial Institutions Management: A Risk Management Approach, McGraw-Hill Publishing Company.
  5. Mishkin and Eakins, Financial Markets and Institutions, Pearson Education.

 

Evaluation

Quizzes / Test        30%
Presentations        20%
End Term         50%

 

Session Wise Teaching Plan

Session No

Topic

Reading Material / Presentation

Day 1

Financial Services: An Overview, Indian and Global Perspective – Managing new challenges

 

  • Articles given in Course material
  • How Sound is Indian banking
  • Chapters 1 and 2 from Gurusmy S, Financial Markets and Institutions.

 

Day 2

Credit Rating Agencies- Importance, Issues, Difference in credit ratings, Are Indian Credit Ratings Credible?

 

  • Articles given in Course material on CRA

Presentation: Islamic banking and its relevance to Indian banking

 

 

Day 3 -4

Asset Liability Management and Basel 2, Techniques – Gap, Duration, Simulation, Risk Management in Banks.

  • Articles given in Course material
  • Chapters 8 and 9 from Saunders and Cornett, Financial Institutions Management: A Risk Management Approach,
  • Presentation on Credit Rating Agencies and Crisis of Confidence – Some Emerging Issues
  • Presentation on Effect of Basel 2 norms on ALM

 

Day 5

Venture Capital,  Private Equity and Hedge Funds

 

  • Chapter 10 from M Y Khan, Financial Services.
  • Articles given in Course material
  • Presentation on Private Equity – Structure, sustainable performance, Will it regain Glory?

Day 5 -6

Leasing and Hire Purchase, Factoring and Forfeiting

 

  • Chapters 6 and 8 from M Y Khan, Financial Services.
  • Articles given in Course material
  • Presentation on Factoring and Forfeiting
    • Presentation on numerical problems in leasing and factoring.
    • Case Study on Leasing

 

Day 7

Mutual Funds and Pension Funds

 

  • Articles given in Course material
  • Chapter 5 from Saunders and Cornett, Financial Institutions Management: A Risk Management Approach.
  • Presentation on Risk management Systems for Indian Mutual Funds and Pension Funds

 

Day 8

E - Banking

  • Articles given in Course material
  • Presentation on E Banking

Day 9

Insurance Services – working of Life / Non life insurance Companies, Banc assurance, Reinsurance,

 

  • Articles given in Course material
  • Chapter 3 from Saunders and Cornett, Financial Institutions Management: A Risk Management Approach,
  • Presentation on Banc assurance and Reinsurance, Future of Indian Insurance Sector.

 

Day 10

Securitization and Asset Reconstruction Companies

 

 

  • Articles given in Course material
  • Presentation on NPA and Credit Cards

Day 11

Stock Exchange, Commodity Exchange and Stock Broking

 

  • Chapters 35, 36, 37, 38,39 from Gurusmy S, Financial Markets and Institutions.
  • Presentation on  Working of Stock Exchanges in India

 

 
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