Financial Markets and Services

MODULE 1 : STRUCTURE OF FINANCIAL SYSTEM

Financial System: Meaning, Characteristics, Role of Financial System in economic development/significance, evolution, Components & Structure of Indian Financial System; Financial Markets, Financial Instruments and Financial Intermediaries, functions of these constituents and respective roles. Financial Markets: Functions and Significance of Primary Market, Secondary Market, Capital Market, & Money Market (Overview only).

MODULE 2: FINANCIAL INSTITUTIONS, INSTRUMENTS & REGULATIONS

Financial Institutions and Funds: Types of Financial Institutions, banking and non-banking financial institutions: Central Bank, Commercial Banks, Investment Banks, Finance Companies, Mutual Funds and concept of NAV, Housing Finance, Hedge Funds, Insurance products, Provident Fund, Pension Fund (Simple problems on calculations of NAV) Instruments: Debt & equity instruments, derivatives, and foreign exchange instruments. Money market Instruments: T-Bills, CPs, CDs, Repos. Issue of financial Instruments: Primary Issue, Book Building Process, Private Placement, offer for Sale, Buyback of shares, Role of foreign capital in Indian Financial System. Financial Regulations and regulatory institutions in India – RBI, SEBI (Simple problems on interest calculation on money market instruments)

MODULE 3 : FINANCIAL SERVICES

Merchant Banking: Meaning & types, Responsibilities of merchant bankers, Role of Merchant Bankers in Issue Management. Venture Capital: Growth of Venture Capital in India, Financing Pattern under Venture Capital. Factoring, forfeiting and bill discounting, Types of Factoring Arrangements Microfinance overview, Indian rural financial system, securitization, role of microfinance in development of Indian Economy. Debt Securitisation: Structure for securitisation, Securitisable Assets, Securitisation and banks, conditions for successful securitisation, Causes for unpopularity of securitisation in India. (Simple problems in factoring)

MODULE 4: INNOVATIVE FINANCIAL SOLUTIONS- GREEN FINANCE, CROWDFUNDING, CARBON TRADING & CRYPTO CURRENCY

Green financing concepts, green finance instruments: green bonds, green loans, green insurance, green grants, green venture capital. Crowdfunding: Introduction, types of crowdfunding platforms, crowd funding in India. Carbon trading: Introduction, carbon credits, carbon offsets. 89 Crypto currency: Types, evolution, block chain, crypto currency as an investment product and crypto currency trading. Central Bank Digital Currency (CBDC) Introduced by RBI, Characteristics Pro’s and Con’s.

MODULE 5 : LEASING AND HIRE PURCHASE

Leasing, Types of Leasing, Instalment Buying, Hire Purchase and Leasing, Factors Influencing Buy/Borrow or Lease Decision. Hire Purchase, Purchase with own fund or borrowed fund. Risks in leasing and hire purchase, Cost analysis of leasing and Hire Purchase (Simple Problems in both Leasing & Hire Purchase) Building a Simple Regression Model Using Python on Google Colab.