COURSE PLAN 2013-14

SUBJECT: Management of Financial Services (MBA 465) FACULTY: Prof. Seema Chakrabarti Section : LMN 3 Hours / Week Syllabus Unit Topic- Break up Hrs Week Teaching Method Lecture & discussion, Videos, discussion forum through moodle & assignments. Assignments

2 Credits Suggested Readings

UNIT I

Overview of Indian / Global 3 financial system and services: Current State of Indian Economy Challenges before Indian Financial System Financial Sector reforms (FSLRC) report Saradha Chit Fund Scam in India

1st

Submission of report on the legislative reforms in India on the basis of FSLRC recommendation & the infamous Saradha Chit Fund scam (Gaps & Recommendations)

=> Networks and Historys Generalizations: Comparing the Financial Systems of Germany, Japan, Great Britain, and the United States of America- Richard Sylla and Robert E. Wright,Business and Economic History,Vol.2,2004 => Indias Macroeconomic Challenges Some Reserve Bank Perspectives Speech by Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at the London School of Economics on March 13, 2013. => Speech by Dr. D. Subbarao, Governor, Reserve Bank of India at the Bankers Club, New Delhi on March 8, 2013. Is There a New Normal for Inflation?

UNIT II

Debt Securities Market Govt. Securities Market Participants,Products, Challenges & Road ahead Corporate Securities Market Participants,Products, Challenges & Road ahead Money Markets Participants,Products, Challenges & Road ahead

2nd & 3rd

Lecture & discussion on theoretical concepts; Understanding News paper market watch / updates. Workshop on debt market functioning.

1. A study on the => Promoting Retail Investor borrowing instruments Participation in Government used by Indian corporate Bonds-Valedictory address by (Prowess based assignment) Shri Harun R Khan, Deputy 2. An assignment on the Governor, Reserve Bank of India initiatives taken by RBI at the 8th Annual National to develop Debt markets Conference on Capital Markets in India. on the theme Confidence Building Measures for Retail Investors on January 9, 2013 at Mumbai . => Reference Websites- RBI, FEDAI, FIMMDA, PDAI.

UNIT II

4 Monetary Policy: Formulation, Transmission, Challenges, Quantitative Easing & its impact on economy.

3rd & Lecture & discussion on monetary framework and 4th

transmission mechanism in India and other major countries.

1. An assignment on working of major central banks of the world like Federal Reserve Bank, Bank of England, ECB & RBI.

=>Speech by Deepak Mohanty, ED, RBI delivered at the Indian Institute of Management (IIM), Lucknow on 12th August 2011 How does the Reserve Bank of India conduct its Monetary Policy?. =>Speech by Deepak Mohanty, ED, RBI delivered at the Bankers Club, Bhubaneswar on 15th March 2010 Implementation of Monetary Policy in India?.

=> Federal Reserve Bank of St. Louis Review, January/February 2013, 95(1), pp. 51-88 Four Stories of Quantitative Easing Brett W Fawley and Christopher J Neely => Report on the operating procedure by RBI. Lecture & Workshop on 1. Valuation of a running IPO Suggested reading: IPO valuation. Test on using Economic, Industry & SEBI (Issue of Capital and SEBI IDCR 2009 Company analysis techniques. Disclosure Requirements) (Moodle Based) (Prowess based assignment). (Amendment) Regulations, 2009 .
& 6th & Lecture th discussions 7 moodle. forum 1. An assignment on the through regulatory changes in the Indian

UNIT III

Primary Capital Markets : Participants Types of Instruments Market reforms related Primary Markets

4th & 05th

to

UNIT IV

Understanding Secondary 4 Markets: Working and role of Stock Exchanges Regulatory Framework - SEBI Allied Issues like listing, delisting, insider trading Restructuring of Stock Exchanges

secondary markets

UNIT V

Financial institutions : CCIL,CIBIL,DFHI,OTCEI,NSDL ,NHB,EXIM

7th & Students Presentation 8th 8th, 9th& 10th

References: Websites of respective institutions

UNIT VI

Financial services : 5 Credit Rating Hire Purchase Finance Factoring and Forfeiting Leasing Mutual Funds Securitization Venture Capital and Private Equity Funds

Guest Lecture on VCF, 1. Prepare a business plan for Research Paper by Students presentation on VC funding. Bheemanagouda and J selected topics, guest Madegowda published in IUP lecture & Problem Journal of Behavioral Finance, solving,

March,2010: Working Credit Rating Agencies India: An Analysis Investors' Perception Suggested Reference: www.indiavca.org

of in of

Prescribed Texts

1. Dr. Gurusamy S, Financial Markets and Institutions, Tata McGraw Hill, 2nd Edition 2. Dr. Gurusamy S, Indian Financial System, Tata McGraw Hill
Reference Books:

1. Khan M Y, Financial Services, Tata McGraw Hill Publications, 5th Edition 2. Bhalla V.K., Management Of Financial Services, New Delhi: Anmol Publications Pvt. Ltd., First Edition 3. Srivastava R.M., Financial Management, Himalaya Publishing 4. Subramaniam P, Investment Banking 5. Bhole, , Financial Institution and Markets, Tata McGraw Hill Publications, 3rd Edition

Guidelines for CIAs:

1. CIA I - Combination of Assignments & Presentations mentioned above (20 marks) Evaluation Criteria: Conceptual understanding : 5 Marks Content & Presentation : 8 Marks Analysis & value addition to the topic : 5 Marks Timely Submission: 2 Marks CIA II Moodle based MCQ (10 marks) & Valuation of a running IPO (10 marks) Evaluation Criteria: Conceptual understanding : 4 Marks Methodology : 7 Marks Analysis & Interpretation : 7 Marks Timely Submission: 2 Marks

2.

3. Mid Term portion: ( from 19th July 2013 to 23rd July 2013) Unit I, Unit II & Unit III 3. Attendance 3. Mid Semester Test 4. End Semester Examination (10 marks) (50 marks) (100 marks)