Financial Markets Institutions
Financial Markets Institutions
Financial Markets Institutions
Practice
Course Objectives: The objective of this paper is to introduce students to role and functioning
of financial markets, financial products that are traded in such financial markets and
institutions associated with financial markets. It explains the role of financial system on
economic development. Various conceptual issues related to risk and return, the role of
regulatory bodies, mechanism of commercial banking, operations of insurance companies and
mutual funds are discussed elaborately. This will enable them to take the rational decision in
financial environment.
Learning Outcomes: After going through the course, students will be able to understand the
Financial architecture of an economy and its key players.
The fabrication of Indian Financial markets.
Working of Capital market, debt market, money market in India
Functioning of different players in financial market including Regulators.
Course Contents:
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Primary Market: Instruments, book building process (numerical). Merchant Bank: role and
types, Mutual Fund: types of Mutual Funds and different types of schemes. Corporate Listings:
Listing and Delisting of Corporate Stocks, Foreign Exchange Market: Introductory, only
Conceptual.
Essential Readings
1. Bhole L.M. and Mahakud J., Financial Institutions and Markets: Structure, Growthand
Innovations (6th Edition). McGraw Hill Education, Chennai, India
2. Saunders, Anthony & Cornett, Marcia Millon (2007). Financial Markets and
Institutions (3rd ed.). Tata McGraw Hill
3. Pathak, Bharati V., Indian Financial System: Markets, Institutions and Services,Pearson
education, New Delhi, Second edition, 2008.
4. Khan, M. Y., Financial Services. McGraw Hill Education.
Additional Readings:
1. Jeff Madura, Financial Institutions and Markets, Cengage Learning EMEA, 2008
2. Meir G. Kohn, Financial Institutions and Markets, Oxford University Press, 2004.
3. Fabozzi, Frank J. and Modigliani, Franco, Capital Markets: Institutions and Markets,
Prentice Hall of India, New Delhi, Third edition, 2005.
Assessment
Total Marks: 100
Internal Assessment: 25 Marks
End Semester University Exam: 75 Marks
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The Internal Assessment for the course may include Class participation, Assignments, Class
tests, Projects, Field Work, Presentations, amongst others as decided by the faculty.
Key Words: Indian Financial System, Financial Markets, Financial Institutions, Capital
Market, Money Market, Debt Markets.
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