MANAGEMENT OF FINANCIAL SERVICES

Paper Code: 
MFM421
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to explore about Management of Financial Services in current scenario.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

title

 

24MFM422

 

Management of Financial Services (Theory)

 

CO 1: Explore various types of financial services and analyze risk and challenges related to them.

CO 2: Analyze benefits and challenges of Leasing and Hire purchase services.

CO 3: Explore services provided by a Factor and appraise Securitization process.

CO 4: Analyze services provided by a Merchant Bank and a Credit rating agency.

CO 5: Explore and analyze Venture Capital and credit card services.

CO6: Contribute effectively in course-specific interaction

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

Learning activities for the students:

Self-learning assignments,

presentations 

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

12.00
Unit I: 
Introduction to Financial Services

Introduction to Financial Services:
Financial Services- Introduction, financial services and GDP, Causes of financial Innovation, Types-Fee based and Fund based financial services, New financial services, challenges in the financial service sector, Risk in financial services and changing perception of intermediaries regarding financial services.

12.00
Unit II: 
Leasing & Hire Purchase

Leasing & Hire Purchase:
Leasing- Definition, Essential elements of leasing, Classification of leasing, Advantages & Disadvantages, Problems faced by lease Industry in India.
Hire Purchase- Meaning, Legal position and banks credit for Hire Purchase

12.00
Unit III: 
Factoring and Securitization

Factoring and Securitization
Factoring: Meaning, Services, Factoring Vs Forfaiting
Securitization: Introduction, Mechanism and process of Securitization, Asset Reconstruction Companies, Participants in securitization and their role.

12.00
Unit IV: 
Merchant Banks and Credit Rating

Merchant Banks- Origin, nature and scope, Services, Progress & Problems
Credit Rating- Meaning, functions and benefits. Credit Rating Agencies in India, Major Factors considered while determining the rating profile of a Security, Credit Rating for Debentures and IPO Grading, Limitations of Rating

12.00
Unit V: 
Venture Capital & Credit Cards

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

*Case studies related to entire topics are to be taught

Essential Readings: 

Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi
Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.

References: 

Suggested Readings:

· Siddaiah, Financial Services, Pearson Education India, 1st Edition

· Avadhani V.A. Marketing of Financial Services, Himalaya Publishing House, 2013

· Khan M.Y. - “Indian Financial System” Vikas Publishing house, New Delhi

· Bhole.L.M. “Financial Markets and Institutions’ Tata Mc Graw Hill, New Delhi

· Padmalatha& Justin Paul, Management of Banking and financial services, Pearson Education, 4th Edition

               E Resources:

· Management of Financial Services | Download book (freebookcentre.net)

· https:// corporatefinanceinstitute.com /resources/ebooks/

· International Journal of Financial Services Management (IJFSM) Inderscience Publishers - linking academia, business and industry through research

· Journal of Financial Services Research | Home (springer.com)

Journals:

· Journal of Financial Services Research, Springer.

· Journal of Financial Services Marketing, Palgrave, Macmillan.

· Journal of Banking & Finance, Elsevier.

· International Journal of Financial Services Management, Inderscience Publishers.

Academic Year: 
2024-2025
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