Equity, Banking & Insurance

Paper Code: 
MFM 323
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Objectives-

The object of this paper is to facilitate study of theory and practice and to provide information needed by professionals in banking, insurance & equity sector.

                 Course Outcomes (COs):

Course

Learning outcomes (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

MFM 323

Equity, Banking & Insurance

CO 117: Explain the role of primary market in Indian financial market

CO 118: Understand the   banking structure and banking operations in India.

 

CO 119: Analyze   various financial services offered by the bank.

 

CO 120: Understand the key concepts of insurance.

 

CO 121: Classify the fundamental principles and different types of insurance.

 

CO 122: Interpret the knowledge about e- banking.

Approach in teaching:

Interactive Lectures using whiteboards, Discussion, Tutorials, Reading assignments, Demonstration, Team teaching, Quiz.

Learning activities for the students:

Self -learning assignments, Effective questions, Solving problems of unsolved questions, Problem based learning-cases, Group learning teamwork, Giving Tasks.

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects, Task based exercise to assess student’s understanding

 

 

12.00
Unit I: 
Equity Market

 

Initial Public Offer (IPO), Book Building through IPO, Eligibility for IPOs, Pricing of Issues, cost of Public issue, Right issue- characteristics, procedure, value of right share, preferential Allotment , Private Placement of equity and debt.

12.00
Unit II: 
Indian Banking System: Evolution and structure of Indian banking system.

Indian Banking System: Evolution and structure of Indian banking system.

Central Banking- Evolution, Concept & Functions, Credit control- Methods and objectives.

Commercial Banks: concept & functions, Types of commercial banks, role of commercial banks in economic development.

12.00
Unit III: 
Electronic banking

Electronic banking: Introduction, elements of E- Banking, Process, importance Limitations. Types of risk associated with E- banking, traditional banking vs Internet banking, need and drivers of internet banking, , advantages and disadvantages.

Mobile Banking- Introduction, challenges, Benefits

12.00
Unit IV: 
Risk and Insurance:

Risk and Insurance: Introduction to risk, Types of risk involved in Insurance, concepts of Insurance, principles of Insurance, Types of Insurance- Life insurance and General Insurance – Marine Insurance and Fire Insurance. Duties and Functions of IRDA.

Life insurance: characteristics, types, principles, Parties to life insurance contract, conditions and terms of policy.

General insurance: Features, principles, Types of general insurance

12.00
Unit V: 
Fire & Marine Insurance

Fire Insurance: Scope, characteristics, conditions, types of fire insurance policy, procedure of taking a fire insurance policy, claim settlement procedure in fire insurance policy.

Marine Insurance: Types, conditions, methods for premium calculation, claim settlement procedure in marine insurance policy.

Essential Readings: 
  • Principles of Banking, Macmillan (India) Limited, New Delhi
  • General Banking Management, Macmillan (Indian) Limited, New Delhi
  • Banking and Finance, Jain Khanna Tiwari, VK India Enterprices, New Delhi
  • Sharma N.K. , R. Antony &Podder S.K., Banking and Insurance, Himalaya Publishing House
  • Gordon & Gupta, Banking and Insurance, Himalaya Publishing House
  • Singh Gurmeet, Kamal Neel &GoyalAlok, Banking and Insurance, VK Global Publications Pvt. Ltd.
  • Pathak Bharti V, , Indian Financial System, Pearson Education, New Delhi
  • Rajda George, Principles of Risk Management and Insurance, Pearson Education, New Delhi.

 

Academic Year: