GALGOTIA BUSINESS SCHOOL POST GRADUATE DIPLOMA IN MANAGEMENT COURSE OUTLINE Course Title: Management of Financial Services and

Institutions Final Year: PGDM 2010 -12 Instructor: Dr. Abhinn Baxi & Prof. Nupur Mishra Trimester: IV 1.0 Objectives of the course: 1.1 To give students an understanding of the basic financial products and services available and the markets in which they are traded. 1.2 To understand role of financial services in business organizations and to give an insight of the strategic, regulatory, operating and managerial issues concerning selected financial services. 1.3 To observe the present status and developments that are taking place in the financial services sector 2.0 Outcomes of the course: After completion of the course, student would be able: 2.1 To acquire the skill and knowledge required by the finance industry. 2.2 To identify the unique management problems faced by most financial institutions and formulate feasible solutions to those problems 3.0 Prescribed Text: 3.1 Bhole L.M. & Mahakud Jitendra, Financial Institutions and Markets-Structure, growth and innovation,5e, Tata McGraw Hill. 4.0 Additional References: 4.1 Siddaiah, Thummului, Financial Services, Ist Edition, pearson 4.2 Khan M. Y., Indian Financial System, 5th Edition, Tata McGraw Hills 4.3 Srivastava R.M., Management of Financial Institutions, Himalaya Publication

4.4 Varshney P.N. & Mittal D.K., Indian Financial System, Eighth revised Edition, 2006, Sultan Chand & Sons. 5.0 Web Sources Students are expected to visit websites of FI covered in the outline 5.1 www.rbi.org.in 5.2 www.economictimes.com 5.3 www.sebi.gov.in 5.4 www.utimf.com 5.5 www.licindia.com 5.6 www.gicofindia.com 5.7 www. icmr.com (for case study) 6.0 Pedagogy: Instructional method would include: 6 Lecture 6.2 Class room Discussion 6.3 Assignments 6.4 Quizzes 6.5 Case study 7.0 Evaluation Scheme: 7.1 Case study analysis 7.2 Quizzes (4) 7.3 Project + presentation 7.4 Mid-term examination 7.5 End-term examination Total

5 marks 20 marks 15 marks (10 +5) 20 marks 40 marks 100 mark

Topics for Assignment/project: Topic will be allotted in the class few examples are:1. Comparative analysis of performance of different Broking firms. 2. Analysis of any one insurance product of any one insurance company. 3. Analysis of top 3 mutual fund schemes in India. * Students are required to meet the deadlines for the submission of the assignment i.e. a week from the allotment of the topic. (Late assignments may attract the deduction of 1 mark on per day basis.)

8.0 Detailed Outline of the course: SESSION WISE INSTRUCTION PLAN Topics Core Reading L.M.Bhole y Introduction of the course Chapter 1 y Structure of Indian financial System- financial institutions, financial services, financial instruments. RBI: Organization and management y IRDA y Pension Regulatory y Role of SRO y SEBI and its role in Indian Financial System Case: Securities and Exchange Board of India - Role as a Regulator (icmrindia.org) y Definition and classification of NBFCs y Present prudential norms governing NBFCs y Types of NBFCs y Development Financial Institutions in India y L.M.Bhole Chapter 6

Sessions 1-3

Module Introduction to Indian Financial System

Add Reference P.N. Varshney & D.K Mittal

4-9 Regulatory and Promotional Institution

P.N. Varshney & D.K Mittal

10-15

Management of Non Banking Finance Companies

L.M.Bhole Chapter 10

Thummului Siddaiah Chapter 19

16-18

Asset management Mutual Fund

MID-TERM L.M.Bhole y Policy guidelines for MF Chapter 12 Industry y Operations of mutual funds in India y Determinants of MF performance y SEBI guidelines for MFs Case: Analyzing the Risk Weighted Performance of Equity Mutual Funds Case: Liquidity, Mutual Fund Flow, Reflow Management, LLC

Thummului Siddaiah Chapter 13

y 19-22 Insurance y y y y

Evolution and growth of insurance industry Types of insurance Risk management in insurance companies Investment pattern and policies of LIC and GIC General Insurance: types

L.M.Bhole Chapter 11

Thummului Siddaiah Chapter 14

Case: Innovative Products the Key to Success in the Indian Insurance Market (icmrindia.org) 23-25 Management of Financial services Merchant banking-meaning, role of merchant bankers, SEBI regulations y Credit Rating agenciesintroduction, credit rating agencies in India, SEBI regulations Case : Canara Bank- Merchant Banking Services Case : Punjab National BankMerchant Banking Services y Elementary knowledge of capital market operations y Project Presentation Thummului Siddaiah Chapter 7 & Chapter 12 P.N. Varshney & D.K Mittal

26-27 28-29

Capital Market

NCFM module

30

Synthesis & Wrap Up Session End-term Examination Note: All the cases which are not in the text book has been uploaded on the GBS online 9.0 Faculty contact hours: It will be announced in the class as per the class schedule