Management of Financial Systems

BBA 502
Max. Marks: 100
External Assessment: 60
Internal Assessment: 40
Objective: Management of Financial Systems is an advanced undergraduate course designed to
analyze financial products. This course will build on the concepts developed in financial
management, economics and business administration.
Unit-I Introduction to Financial Systems. Types of financial markets: Money market operations
Features, importance and composition of the developed money market in India. Capital markets
in India.
Unit-II Concept and functioning of depository and depository participants in India. Merchant
Banking in India- its origin and development. Organizational aspects and importance of
merchant bankers. Financial Regulatory bodies-RBI, SEBI.
Unit-III Mutual Funds and AMCs Concept, origin and growth of mutual funds Venture
Capital:- Concept, Characteristics and guidelines for venture capital. Plastic Money - Concept
and different forms of plastic money - credit and debit cards, pros and cons.
Unit-IV Credit rating - the concept and objective of credit rating, various credit rating agencies in
India and Brief introduction to International credit rating agencies, Financial development
institutions: NABARD, IFCI, ICICI, IDBI etc.
Suggested Readings:
1. Jeff Madura, Financial Markets and Institutions. South-Western College Publishing,
Cincinnati
2. Gordon Natarajan, Financial Markets and Services. Himalaya Publishing House.
3. Sandeep Goel, Financial Services,PHI Learning