Management of Financial Services

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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