MSY 022 FINANCIAL SERVICES 4 0 0 3 UNIT 1: INTRODUCTION Introduction to Financial Services : Objectives - Importance - Nature Scope fund based

d fee based services UNIT 2: HIRE PURCHASE & LEASING Hire Purchase : Meaning features - Types Legal Taxation Leasing: Meaning features types accountingUNIT 3: MERCHANT BANKING AND DEPOSITORY SERVICES Merchant banking services capital issue management pricing of issue marketing of issues- SEBI - Securities Appellate Tribunal . Concept of Depository: Function - Pros & Cons -Functioning - Role of NSDL, CSDL Unit 4: MUTUAL FUNDS AND CREDIT RATING Mutual funds: meaning, definition, objectives, advantages and types of Mutual Funds. Credit rating: definition, advantages, process and limitations - country, Business, SME, Personal.
(Theory Only)

Unit 5: FUND BASED FINANCIAL SERVICES Factoring: definition, functions of a factor, types. Bills discounting: concept, types of bill of exchange - Consumer finance Chit Funds.- Real estate finance reverse mortgaging
(Theory Only)

TOTAL : 35 REFERENCES: 1. Dr. S. Gurusamy, Financial Services and Markets ; Vijay Nicole Imprints Pvt Ltd, 2006. 2. M.Y. Khan, Financial Services; Tata McGraw Hill , 2002. 3. H.R. Machiraju , Merchant Banking Principles and Practice; New Age International (P) Ltd, 2002 4. Machiraju, Indian Financial System; Vikas Publishing House, 2nd Edition, 2002. 5. G.S.Batra ;Financial Services and Markets, Deep and Deep Publications Pvt Ltd, 2001.

(Trimester V) 2009-2011 MSY022 FINANCIAL SERVICES Instructor N. Anuradha Introduction Service sector in general is emerging as the largest contributing forces to the growth of the economy. With the opening up of the economy at global level the switch over from manufacturing to service sector has experienced intense attraction and interest all over the world in general and Asian Economy like India in particular. Since 1990s the Indian Financial Services has undergone a face change, due to the comprehensive steps taken by the Indian government in the economic liberation. A well developed financial services industry is absolutely necessary to mobilize the savings and to allocate them to various invest able channels and thereby to promote industrial development in a country. A large proportion of the general public including many consumers has a limited appreciation of the geography of the financial services landscape. This is partly because of the complexity of the industry and partly because, for many people, financial services are intrinsically uninteresting. Poor knowledge and poor understanding of the sector as a whole and of the product sectors it comprises, also applies to those employed in the area. Research conducted by Alferoff et al. (2005) revealed that the knowledge base of the typical financial services employee was limited to his or her narrow field of task expertise: Objectives This course aims to provide an overview of the financial services sector like, Understanding the Concept of Financial Services, its classification and activities. Understanding the Functions of Financial System Identifying the different types of organizations engaged in the provision of financial services

Understanding the range and diversity of financial services and how they relate to customer needs, to comprehend the complexity of the industry. Pedagogy This course is of theoretical in nature. Lecture presentations and case discussions is the delivery mode. Group assignments and individual assignments will be given in the form of mini project or fact finding exercise, on completion of every unit. This will help them to get an in-depth knowledge in the current environment. Assignment report submission and presentation must be on the specified dates. Late submission wont be entertained. The usual guidelines for Assignments and presentations are applicable. Grading Scheme Grading consists of following components: Components Class Participation Assignment/ Projects Quiz/Spot/ Scheduled Test End term exam Total Weightage 10% 20% 20% 50% 100%

REFERENCES: 1. Dr. S. Gurusamy, Financial Services and Markets ; Vijay Nicole Imprints Pvt Ltd, 2006. 2. M.Y. Khan, Financial Services; Tata McGraw Hill , 2002. 3. H.R. Machiraju , Merchant Banking Principles and Practice; New Age International (P) Ltd, 2002 4. Machiraju, Indian Financial System; Vikas Publishing House, 2nd Edition, 2002. 5. 5. G.S.Batra ;Financial Services and Markets, Deep and Deep Publications Pvt Ltd, 2001. 6. Dr. S. Gurusamy, Merchant banking & financial services ; Vijay Nicole Imprints Pvt Ltd, 2007.

Session Theme No. UNIT 1: INTRODUCTION 1 2 Introduction to Financial Services : Objectives - Importance - Nature Scope -

Books

Hours

R5-9 R6-17

fund based fee based services UNIT 2: BANKING & INSURANCE SERVICES Banking Services: Permissible banking activities bank obligation to customers Types of Customers. Insurance Services: Need & Importance of life & non life insurances players products including Unit Linked Plan Assignment UNIT 3: MERCHANT BANKING AND DEPOSITORY SERVICES Merchant banking services capital issue management pricing of issue marketing of issues R2-9

4 5 6 7 8 9 10

11 12 13 14 15 16 17 18 19

R2-11,12 R5-10 R6- 2,3,4,5

Assignment Concept of Depository: Function - Pros & Cons -Functioning - Role of NSDL, CSDL Scheduled Test( 3 units) Unit 4: MUTUAL FUNDS AND CREDIT RATING Mutual funds: meaning, definition, objectives, advantages and types of Mutual Funds Credit rating: definition, advantages, process and limitations - country, Business, SME, Personal. Quiz, Assignment Unit 5: FUND BASED FINANCIAL SERVICES Factoring: definition, functions of a factor,

1 2 2

20 21 22 23 24 25

R6-26

R2-16 R6-25,26

26

R2-6

types 27 28 29 30 Bills discounting: concept, types of bill of exchange Consumer finance Chit Funds. Scheduled Test

R6-21 R2-7, R5-12 R6-20 R6-22 1 1 1 1