Course Handout

S.Y.MBA (2016 Course) w.e.f. A.Y. 2016

Title of Course: Financial Systems of India, Markets & Services (Code No: 306 FIN)
Name of Faculty: Dr. Saroj P.Dhake
Teaching Scheme: Lectures: 4 hours/week
Examination scheme:
Comprehensive Concurrent Evaluation(CCE) 50 marks -NA
End semester Evaluation(ESE) 50 marks -2.15 hours Paper

Date of Commencement of the Term: 1/07/2019 (Ist Term)

Date of Commencement of Teaching: 16/07/2019 (Ist Term)
Date of Conclusion of Teaching: 31 / 10 /2019 (II Term)
Theory Exam: 26/11/2019

Continuous Assessment Policy

(Comprehensive Concurrent Evaluation Marks of 50 will be awarded based on following policy)
Description Marks Weightage Evaluation criteria
Attendance in theory 25 Marks 5 Attendance between 95 and above --25marks
class Attendance between 91 to 95 % --- 23marks
Attendance between 86 to 90 % --- 20marks
Attendance between 81 to 85 % --- 18marks
Attendance between 75 to 80 % --- 15marks
Timely Checking of 25 Marks 5 Each assignment will get 10 marks for timely
Comprehensive submission.
Concurrent Late submission will be valued as 0 in
Evaluation totalities.
( 5 Assignments)
Performance in 50 Marks 10 At actual on the scale of Fifteen
Comprehensive
Concurrent Evaluation
(At least 5 Methods)

Internal Exam 50 Marks 10 At actual on the scale of fifty

150 Marks 30

Teaching Plan (To be prepared considering Holidays, In Sem Exam, Functions etc. )

Unit No. Topics to be explored Completion of Unit: Date

Unit-I 1.1: Financial System – functions of financial system – 26/07/2019
meaning and importance – Role of financial system in
economic development – Structure and Components of
financial system in India – Introduction to financial
Institutions – Banking – Non Banking Institutions.
1.2: Financial Markets – Money Market and Capital
Market – Financial Instruments on the basis of Term
of instruments – Types of Securities, Financial
services – fund based services and fee based services.
Unit-II 2.1: Regulators of Financial System in India -The RBI 14/08/2019
as a Central Bank, Functions and working 2.2: SEBI-
 Purpose – Objectives, structure – functions and powers
of SEBI – SEBI guidelines with respect to IPO, Anti
Money laundering, listing and delisting of securities ,
FMC (Forward Market Commission of India) –
Structure and Function.
2.3: PFRDA (Pension Fund Regulatory and
Development Authority) – Structure and Functions –
National Pension System- Understanding and benefits,
IRDA- (Insurance Regulatory and Development
Authority) – Role and Functions.
Unit-III 3.1: Financial Market Functions – Classification – 29/08/2019
Money Markets – Structure and components of money
market – Participants in Indian Money Market –
Money Market Instruments – Features of the
Instruments – Recent Developments in Indian Money
Market.
3.2: Capital Markets – Characteristics – Components
of Capital Markets – Primary Market Operations –
Functions- Methods of Raising Funds in Primary
Market (Viz- Public Issue, offer for sale, Right Issue,
Private Placement of Securities and other methods
such as Tender Method, Bonus shares) Methods of
determining prices of new shares viz – Fixed Offer
Method and Book Building Method. New Instruments
in Capital Market.
3.3: Stock Exchange – Characteristics and functions of
stock exchanges, listing of securities, Major Stock
Exchanges in India- Important Stock Indices in India,
BSE and NSE Sensex
Unit-IV 4.1: Financial Services: Concept, Nature and scope of 13/09/2019
financial Services – Regulatory Frame work of
Financial Services – Growth of Financial Services in
India.
4.2: Merchant Banking – Meaning – Types –
Responsibilities of Merchant Bankers – Role of
Merchant Bankers in Issue Management – Regulation
of Merchant Banking In India.
4.3: Venture Capital – Growth of Venture capital in
India – Financing Pattern under venture capital,
4.4: Factoring, Forfeiting, Securitization (Concepts
and Applications): Types of factoring Arrangements –
Factoring in the Indian Context.
4.5: Mutual Fund, Concept and Objectives, Guidelines
for Mutual Funds, Working of Mutual Finds in India.
4.6: Loan Syndication, De-materialization of Services
– need and operations – other types of funding –Crowd
Funding, Asset Backed Finance, Depository Services –
Role of NSDL and CSDL.
Unit-V 5.1: Financial Institutions in India : Functions and 02/10/2019
working of Banking – Commercial Banks-
Cooperative Banks- Urban Cooperative Banks – Post
Office Saving Banks, Functions & Working of Non
 Banking Companies –Finance Companies Investment
Trusts, Housing Companies, Functions and working of
Development Institutions NABARD, SIDBI, NHB,
EXIM Bank, BIFR and SFC’s.
5.2: Credit Rating Agencies – CRISIL and ICRA.
5.3: Insurance Companies in India – LIC and GIC –
Features and functions

Text Books:
T1: Financial Services by Shashi K Gupta and Nisha Agarwal
T2: Indian Financial Services – M.Y.Khan
T3: Indian Financial System in the World Monetary Order – H. Y. Kulkarni

Reference Books recommended

R1: Indian Financial System and Markets by Siddhartha Sankar Saha ( TATA McGraw Hill)
R2: Company Law by N D Kapoor
R3: Indian Financial System – Vasant Desai

Schedule of Homework Assignments (Minimum one assignment on each unit)

(Weightage of Homework Assignments is 15 marks in Continuous Assessment)

Assignments Date of issue of Assessment Assessment Date of declaration of

Assignment Starts on completes on marks
I-Class Test 27/07/2019 3/8/2019 10/8/2019 11/8/2019
II-Written Home 15/08/2019 22/8/2019 29/8/2019 30/8/2019
Assignment
III-Class Test 30/08/2019 6/9/2019 13/9/2019 14/9/2019
IV-Open Book Test 14/09/2019 21/9/2019 28/9/2019 30/9/2019
V- Written Home 03/10/2019 10/101/2019 17/10/2019 18/10/2019
Assignment

Schedule of Internal Exam

(Weightage of test is 10 marks in Comprehensive Concurrent Evaluation)
Syllabus Date of Internal Test Date of Declaration of Marks
Test 1 Unit 1,2,3,4,5 1/11/2019 to 15/11/2019 20/11/2019

Schedule of Site visits

Sr.No Week / Date proposed Actual date of visit Name of Company visited
- - - -

Schedule of Expert lectures

Week / Actual date of Name of Speaker Topic of Expert Lectures
Date proposed conduction
27/07/2019 27/07/2019 Mr. Sandeep Kulkarni Opportunities for Finance
Graduates as freelancer in
Financial Services

Special instructions from Faculty: