JAGANNATH INTERNATIONAL MANAGEMENT SCHOOL, KALKAJI

PGDM SYLLABUS
BATCH (2010-2012) TRIMESTER VI FINANCE SPECIALIZATION

EF 6101 Management of Financial Services Credits: 3 Lectures: 30

Objectives: The course aims at acquainting the students with the latest developments in the field of financial services in India. The focus is on the emerging constituents of financial service industry and their management.

Contents

No. of Lectures

Unit I: Unit II: Unit III:

Introduction Financial services Industry in India- An overview Role of SEBI in Financial Sector Role of RBI in Financial Sector Insurance sector Role Pricing Problems Issues Mutual Funds Structure & Size Growth of Resources and Investments Resources Mobilisation Investment Pattern Money Market Mutual funds Regulatory framework Problems & prospects of MF industry Venture Capital and Consumer Finance etc. Venture Capital Bought out Deals Consumer Finance Factoring

Unit IV:

Unit V:

Merchant and Investment Banking etc.

Merchant Banking Organizations: Nature & Functions, organizations, Growth & Control Credit Rating: Concept, features, objectives and credit eating agencies Housing Finance: Suppliers, New Developments Depository and Custodial Services

Suggested Readings: 1. Saunders Anthony and Cornett Marcia Millon: Financial Markets & InstitutionsA Modern Perspective, 2nd Edition, Tata-McGraw Hill, 2006. 2. Bhole L M: Financial Institutions and Markets, 4th Edition, Tata-McGraw Hill, 2006. 3. Rao P Mohana and Hyderabad R L: Financial Services: Text, Cases & Strategies, Deep & Deep Publications Pvt. Ltd., 2002. 4. Khan M Y: Financial Services, 3rd Edition, Tata McGraw Hill, 2006. 5. Fabbozzi Frank J and Modigliani Faranco etal: Foundations of Financial Markets, 3rd Edition, Pearson Education, 2002. The list of cases and specific reference including recent articles and research studies will be notified by the faculty at the commencement of the course.

Evaluation Criteria

Final Exam Mid Term Assignments Attendance & Class Participation

= = = =

60% 20% 10% 10% 100%

EF 6102 International Financial Management

Credits: 3

Lectures: 30

Objectives: The course aims to achieve the following objectives To introduce the environment of international finance and its implications on international business To analyse the nature and functioning of foreign exchange markets, determination of exchange rates and interest rates and their forecasting To define and measure foreign exchange risks and to identify list management strategies To explore the sources of long term finance and design financial strategies Contents Unit I: Unit II: Unit III: International Finance Issues and Dimensions International Monetary System The Internationalization Process International Financial Flows and Balance of Payments Framework Foreign Exchange Intricacies of Foreign Exchange Markets Parity conditions in International Finance Forecasting Exchange Rates International Financing Decision 10 8 No. of Lectures 4

International sources of finance for the firm International Financing Decision Analysis of International Capital Budgeting, Cost of Capital of a foreign investment Foreign Exchange Risk Management Financial Accounting and Foreign Exchange 8

Unit IV:

Managing Accounting Exposure Measuring and Managing Economic Exposure Foreign Exchange Risk Management

Suggested Readings:

1. Eiteman David K, Stonehill Arthur I and Maffett Michael H: Multinational Business Finance, 10th Edition, Pearson Education, 2007. 2. Shapira Alan C: Multinational Financial Management, 7th Edition, John Wiley & Sons, 2003. 3. Click Reid W and Coval Joshua D: The Theory & Practice of International Financial Management, Eastern Economy Edition, Prentice Hall of India, 2002. 4. Madura Jeff and Schnusenberg Oliver: International Financial Management, 7th Edition, Thomson, 2003. 5. Apte P G: International Financial Management, 3rd Edition, Tata McGraw Hill, 2004. 6. Bhalla V K: International Financial Management, Text & Cases, 4th Edition, Anmol Publications Pvt. Ltd, 2004.

The list of cases and specific reference including recent articles and research studies will be notified by the faculty at the commencement of the course.

Evaluation Criteria

Final Exam Mid Term Assignments Attendance & Class Participation

= = = =

60% 20% 10% 10% 100%

EF 6103 Corporate Restructurings- Mergers & Acquisitions Credits: 3 Lectures: 30

Objectives: This course aims at achieving the following objectives: To develop insights into the strategic implications of mergers and acquisitions. To acquire the skills for identifying and analyzing the value of targets. To understand the impact of tax and regulatory issues in developing M & As strategies.

Contents

No. of Lectures

Unit I:

Strategic Framework for Mergers & Acquisitions The Dynamics of Restructuring Types of M &A Critical Appraisal of M & A Evaluation and Selection Search and Screening Financial Evaluation Brand Valuation

Unit II :

Unit III:

Bids, Negotiations and Defences Acquisition Routes Bidding Process Defensive Measures

Unit IV:

Legal Aspects of Mergers Financing the Acquisition Post-Merger Integration Accounting Treatment Taxation Effects

Suggested Readings: 1. Ramanujam S: Mergers etal, Tata McGraw-Hill, 2003. 2. Sisodiya Amit Singh: Mergers & Demergers-Concepts & Cases, ICFAI Univ. Press, 2004. 3. Kar Ravi Narayan: Mergers & Acquisitions of Enterprises Indian & Global Experiences, New Century Publications, 2006. 4. Weston J Feed and Weaver Samuel C: Mergers & Acquisitions, Tata McGraw Hill, 2002. 5. Rajeshwar Ch: Mergers & Acquisitions, ICFAI Univ. Press, 2004.

The list of cases and specific reference including recent articles and research studies will be notified by the faculty at the commencement of the course.

Evaluation Criteria

Final Exam Mid Term Assignments Attendance & Class Participation

= = = =

60% 20% 10% 10% 100%