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SYLLABUS MBA Financial Services

Syllabus MBA Financial Services


FIRST SEMESTER

Management-Theory and Practice Block I - Management and Managerial Planning Definitions, nature and scope of management, functions and process of management-evolution of management theory from Taylor, Fayol, Drucker to the present. Growth of professional management in India. Ethics in management. Planning process, types of plans, strategic vs. operational plans, models of strategy formulation, linking strategy to structure Block II - Decision Making Managerial decision-making process and models, steps in rational decision-making, creativity and group decision-making. Block III - Organizations Organizational theories and design, various forms of organization structures, span of management principles of coordination, authority, power, delegation and decentralization. Block IV - Managerial Control Relationship between planning and control-limitations of control, types of control systems and techniques management by exception, budgetary control, functional and dysfunctional aspects of budgetary control, internal control systems, internal audit and management audit Book References 1. 2. 3. Koontz and ODonnell. E. Essentials of Management. McGraw Hill, New Delhi Fred Luthans. Introduction to Management. McGraw Hill, New Delhi Peter.F.Drucker. The Practice of Management

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SYLLABUS MBA Financial Services

4. 5. 6. 7. 8. 9. 10. 11.

Stoner, Freemen and Gilbert. Management Griffin. Management Holt. Management Peter. F. Drucker. Management- Tasks and Responsibilities Theo Haimann. Professional management Richard L.Draft. Organization Theory and Design Richard L.Draft. Management Peter F.Drucker. People and Performance

Managerial Economics Block I - Managerial Economics and Theory of Consumer Behavior Introduction, Basic concepts and their application in business decision-making. Demand and Supply Analysis: determinants of supply and demand- nature of demand and supply curves, market equilibrium, price elasticity, demand forecasting and estimating methods .Consumer preferences, indifference curves, budget constraint, utility maximization and the derivation of the consumer demand curve. Block II - Production and Cost Analysis production functions-cost functions, and profit functions, total, average and marginal costs, returns to factors and scale, short run v/s long run decisions, derivation of the supply curve. Block III - Market Analysis Market forms, perfect competition, monopoly, monopolistic, oligopoly. Output and price determination. Cartels and collusion, mergers and acquisitions and government regulations in the form of price directives, taxes, subsidies, anti-trust action and competition polices. Block IV - National Income Accounting

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SYLLABUS MBA Financial Services

Concepts of GDP, NI, per capita income, PPP National income accounting in India. Business cycles and business forecasting. Measuring business cycles using trend analysis, macro economic indicators in business cycle measurement, Coping strategies for business. Book References 1. 2. 3. 4. 5. 6. 7. Dominick Salwatore. Managerial Economics Gupta and Mote. Managerial Economics Samuelson &Nordhaus. Economics Peterson and Lewis. Managerial Economics Dominick Salvatore. Micro Economics Palmer and others. Macro Economics Koutinyas. Macro Economics

Accounting for Management Block I - Introduction to Accounting Meaning - Accounting concepts and conventions Financial Accounting V/s Management Accounting Recording, classifying and summarizing business transactions leading to

preparation of final accounts of sole proprietary, merchandizing ,manufacturing and service businesses using Excel. Block II - Company Final Accounts in India Requirements of Companies Act of 1956 with respect to preparation of Final Accounts of Companies - Annual Reports and its contents Block III - Financial statement Analysis and Excel Applications Techniques of financial statement analysis: Horizontal analysis, Vertical analysis, Trend

Analysis, Ratio Analysis (Profitability, Liquidity, Solvency and Capital market ratios),

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SYLLABUS MBA Financial Services

preparation of fund flow & cash flow statement using Excel. Preparation and Analysis of Income Statement, Balance Sheet, Cash Flow Statement, Ratios and Projections using excel Block IV - Cost Accounting Elements of Costs, Classification of costs, Preparation of Cost Sheet, Cost accounting systems: Job costing, process costing, contract costing and service costing, Marginal costing and use of break-even analysis in decision-making Relevant costs for marketing and production decisionsCost Drivers and Activity Based Costing. Book References 1. 2. 3. 4. 5. 6. 7. R.Narayanswamy. Financial Accounting: A Managerial perspective Horngren, Sundem, Stratton. Introduction of Management Accounting Duncan Willamson. Cost and Managerial Accounting Asish K Bhattacharayya. Cost accounting for Business Managers Colin Drury. Management and Cost Accounting Hensen Mowen. Management Accounting Chandan Sen Guptha. Financial Analysis and Modelling

Organizational Behavior Block I - Fundamentals of Organizational Behavior Evolution of organizational behavior, individuals and Organizations, forces affecting organizational behavior, Changing work force and employment relations, impact of globalization and information technology on organizational behavior Block II - Individual Dimensions and Group Dynamics in Organizational Behavior Individual differences perceptions, interests, aptitude, attitude, learning, personality, creativity. Group behavior, team development, group cohesiveness group decision making process, ,

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SYLLABUS MBA Financial Services

Effective teams, organizational conflicts, & conflict resolution, interpersonal skills, Johari Window and transactional analysis. Block III - Motivation Theories and models of motivation, Leadership, theories of leadership & leadership styles Block IV - Management of Change Resistance to change, change models, change agents, Organizational effectiveness,

Organizational climate and culture, learning organizations Book References 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Robbins. Organizational Behavior Fred Luthans. Organizational Behavior Keith Davis. Human Behavior at Work Daft. Organizational Theory and Design Peter Senge. The Fifth Discipline Stephen Covey. The Seven Habits of highly Effective People Uday Parekh. Understanding Organizational Behaviour Howard Gardner. The Five Minds Edward De Bono. All the books Landy and Jeffrey. Work in the 21st Century

Quantitative Techniques Block I - Quantitative data interpretation in managerial decision making Collection classification tabulation frequency distribution charts using excel, measures of central tendencies and dispersion using visual explorations in MS excel. Block II - Correlation, regression and Probability distributions

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SYLLABUS MBA Financial Services

Multiple correlation basic probability concepts conditional probability Bayes theorem use MS excel PH STAT2. Binominal Poisson and normal distributions using excel estimation point and interval using Excel.

Block III - Statistical Decision Theory Hypothesis Testing for means and proportions and for difference of means and proportions analysis of variance. Block IV - Sampling Sampling techniques, random sampling, random numbers table, Monte Carlo simulation, Chisquare tests, time series forecasting, hands-on with MS excel. Book References 1. 2. 3. 4. 5. 6. 7. 8. Levine, Stephan & others. Statistics for Managers using Microsoft excel Richard Levin and Rubin. Statistics for Management [excel version] Murray Spiegel. Statistics. Schaum Series Murray Speigel. Probability and Statistics. Schaum Series Samul Bodiley & others. Quantitative Business Analysis Text & Cases Kazmier. Business Statistic. Schaum Series Bereuram and Levine. Basic Business Statistics Anderson, Sweeny & William. Quantitative Methods

Written Analysis and Communication Block I: Theory of Communication and Oral Communication Definitions of Communication, Process of Communication, Elements of Communication, What constitutes a Communication Situation? Why is Communication Important in Business Organizations? Kinds of Communication (based on direction), Formal and Informal Communication Channels, Barriers to Effective Communication: physical, physiological and

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psychological, overcoming the Barriers. Listening as a Business Tool, Hearing vs. Listening, Characteristics of a Poor Listener, Listening for Facts vs. Listening for Over-all Comprehension, Kinds of Listening, Approaches to Listening, Barriers to Effective Listening. Effective Oral Communication, Interviewing, Negotiation, Communication in Groups. Presentation: Types,

Audience Analysis, Formulating Core Statements, Organizing and Making the Presentation, NonVerbal Dimensions of a Presentation. Block II: Written Communication and Nonverbal Communication Reading as a Process of Decoding Messages, Importance of reading, Types of reading, Factual Comprehension and Inferential Comprehension, the SQ3R (Survey, Question, Read, Recall, Review) Technique of Reading, SARAS ( Survey, Analyze, Read at Appropriate Speed) Method of Reading, Factors that impact reading.ii. Business Correspondence, the 7Cs of Written Communication, Formal and Informal Letters, Structure and Layout of a Business Letter: the standard & special parts, Writing Routine, Pleasant and Unpleasant Letters, Persuasive Letters, Collection Letters, Sales Letters: Sales Messages and the AIDA (Attention, Interest, Desire, Action) Principle, Writing Effective Memos, Reports, Types, Framework of a Report, Writing the Report, Using Graphics to Manage Data. Characteristics of Non -Verbal Communication, Traditional and Conventional Audio- Visual Communication, Kinesics: posture and gait, gestures; emblems, illustrators, regulators, adapters, facial expressions, haptics, Proxemics: the use of physical space, Paralanguage: voice qualities, voice qualifiers, vocal characteristics and vocal segregates, Chronemics: monochromic and polychromic systems, time orientations, Dress, Interaction of Verbal and Non- Verbal Communication. Reference Books: 1. 2. 3. 4. David A Ricks. Big Business Blunders. Hutchinson Press, 1999 Business Communication. ICMR Publications Gibson, J W and Hodgetts R M. Business Communication. Harper and Row, 1990. Bovee C L and Thill J V. Business Communication Today. McGraw Hill, 2008

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SYLLABUS MBA Financial Services

5. 6.

Ron Hoff. A Fearless Guide to Making Great Presentations. Andrews and McMeel, 1998. Hall J A and Kapp M L. Nonverbal Communication in Human Interaction (3rd ed.). Holt Rinehart and Winston, Inc, 1992.

7. 8. 9. 10. 11.

Jack Criffrin. How to Say it for the First-Time Managers. Prentice Hall, 2010 James Mathewson et al. Audience, Relevance and Search. IBM Press, 2010 Mark Goulston. Just Listen. AMACOM, 2009 Adrian Furham and Evgeniya Petrova. Body Language in Business. Macmillan, 2009 Natalie Canavar and Claire Meirowitz. The Truth About the New Rules in Business Writing. F T Press, 2009

12. 13. 14. 15.

Paul B Brown and Alison Davis. Your Attention Please. Adams Media, 2006 Andy Maslen. Write to Sell. Marshall Cavendish, 2009 Kevin Hogan. The Secret Language of Business. John Wiley & Sons, 2008 Guerrero L K, Devito JA, and Hecht M L. The Nonverbal Communication Reader: Classic and Contemporary Readings (2nd ed.). Long Grove, IL: Waveland Press, Inc, 1999

16.

West R and Turner L. H. Introducing Communication Theory: Analysis and Application. Mountain View, CA: Mayfield, 2000

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SYLLABUS MBA Financial Services

SECOND SEMESTER Marketing Management Block I - Introduction to Marketing Management Nature of marketing management, Types of products / services. Marketing concepts: Product, Production, Selling, Marketing and Societal, Concepts Marketing environment, elements of Marketing Mix. Classification of goods & services. Block II - Consumer Behavior, Market Segmentation and Targeting Consumer & buyer behavior process, models of consumer behavior. Market research and market intelligence. Marketing information system. Market Segmentation and Targeting: Concept of segmentation and targeting, basis for segmentation. Segmentation for consumer and industrial products, Product positioning. Block III - Product & Price Product Mix and Product Line, levels of product, new product development and product life cycle strategies. Branding, types of brands, brand building, measuring brand equity. Packaging and labeling. Pricing: General pricing approaches, new product pricing strategies, Public policy and pricing. Block IV - Promotion and Place Mix Elements of promotion mix, Marketing communication process,Publicity, Advertising and public relations. Personal selling and sales promotion. Direct marketing and online marketing. Distribution channels and logistics management, Channel design and administration, Public policy and distribution decisions. Book References 1. 2. Philip Kotler Marketing Management (New edition. Prentice Hall India) Perault. Basic Marketing

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SYLLABUS MBA Financial Services

3. 4. 5. 6. 7.

William Stanton. Fundamentals of Marketing Philip Kotler and Garry Armstrong. Principles of Marketing Rajan Saxena. Marketing Management Zickmund. Marketing Management Ramesh Kumar. Marketing

Human Resources Management Block I - Perspectives in HRM Role of HR managers, sub-systems of HRM, HR functions and policies. Organization for HRM, Development of HRM in India, Recent trends in HRM, Impact of globalization on HRM. Block II - HR Planning, Recruitment and Selection Scope of HR planning, Job analysis, job design Job description and job evaluation, methods of recruitment. Testing for selection of employees, use of psychological test, selection process, interviews, errors in selection. Block III - Training and Development Induction and Orientation, methods of training, training manual, training under ISO and QS Certification. development. Block IV - Performance Management KRA and KPAs, Traditional vs Modern methods of performance management. Potential appraisal, Feedback systems & Job evaluation. Block V - Compensation Planning Wages and salary, Administration perks, Fringe benefits, Bonus, Incentives. Compensation surveys. Productivity, Performance linked Pay structure. Compensation review and structuring. Supervisory, Executive and Management development programmes. Career

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Book References 1. 2. 3. 4. 5. 6. Keith Davis. HR and Personnel Management Flippo. Personnel Management T.V. Rao. Human Resource Management Pattanaik. Human Resource Management Micheal Armstrong. Human Resource Management Gary Desseler. Human Resource Management

Financial Management

Block I - Goal of the Firm Profit maximization vs wealth maximization, Value creation, Agency problems, Social responsibility, Role of financial management, Time value of money, Valuation of securities stocks and bonds. Concept of risk and returns of securities, using probability distribution to measure risk, risk and return in portfolio context (using excel). Block II - Capital Budgeting & Cost of Capital Estimating cash flows initial, intermediate and terminal Cash flows on incremental basis, Capital budgeting decision rules, Payback, ARR, DCF techniques NPV, IRR, PI, using excel. Cost of debt, preferred stock, equity, computing WACC, The CAPM approach, Adjusting WACC for risk. Long-term financing, Public issue of debt, Preferred stock and Common stock, Term loans. Block III - Capital Structure Theories Traditional view vs MM hypothesis, MM position I &II, Capital structure designing in practice EBIT- EPS analysis, the pecking order theory. Dividend decisions, Relevance vs irrelevance of dividends. Block IV - Working Capital Management and Finance

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Cash management, Receivables management and Inventory management, Working capital finance in India Book References 1. 2. 3. 4. 5. Van Horne and Wachowitz Fundamentals of Financial Management Van Horne. Financial Policy and Management. 12th edition. Prasanna Chandra. Financial Management Brigham and Erhardt. Corporate Finance Ross, Wetfield & Jaffer. Corporate Finance

Computer Applications in Finance Block I - Computer Applications in Finance Computer System: Role of computer system as Information system, functional components of computer system, Software Requirements, Overview of Management Information Systems and System concepts, ERP softwares and their uses in financial information dissemination, Introduction to the uses of software in Finance, Introduction to Spreadsheets, Various functions in Spreadsheets using MS Excel Spreadsheets, Advance applications of Excel and VBA for financial Modeling. Book References 1. 2. 3. 4. 5. 6. 7. P.K.Sinha. Computer Fundamentals. BPB Publisher, 2003. Andrew S. Tanenbaun. Computer Network. Prentice Hall, 2002. Rustam Shroff. Computer Systems & Applications. Himalaya Publishing House, 2004. Rustam Shroff. Computer Systems & Applications. Himalaya Publishing House. Chandan Sengupta Using Excel and VBA for Finance. John Wiley 2002. Sanjay Saxena. A First Course in Computer. Vikas Publishing House Pvt. Ltd., 2005. Grean Stein Feinman. Electronics Commerce. McGraw Hill, 2000

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8.

N.Subramanium. Introduction to Computers. McGraw Hill, 1986.

Quantitative Finance

Block I - Quantitative Finance Importance of mathematical concepts in Finance: Time value of Money, Risk and return theory, Value at Risk, Monte Carlo Simulation, Yield calculation for Bonds, Yield curve fitting, Valuation and Pricing, Different approaches to Equity Valuation, Binomial and Black Scholes model of Option pricing, Martingale approach, Capital Asset Pricing Model.

Book References 1. 2. Paul Wilmot Introduction to quantitative Finance 3rd Edition 2007 John Wiley Grimmett and D.R. Stirzaker, Probability and Random Processes, 1997,Oxford University Press. 3. 4. 5. Hamilton: Time Series Analysis :1994 Princeton University Press. Rice: Mathematical Statisitics and Data Analysis: 1988: Wadsworth: Brookskole Madhu Sinha: Financial Planning 2008 Tata Mc. Graw Hill

Research Methodology Block I - Research Methodology Foundations of Research, Characteristics of scientific method, Understanding the language of research, Problem Identification & Formulation and steps in research, Research Design ,Types of Research Design, Qualitative and Quantitative Research, Probabilistic and Non probabilistic Sampling, Practical consideration in sampling and sample size.

Book References

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1.

Donald R.Cooper and Pamela S.Schindler. Business Research Methods, 9th edition. Tata Tata Mc Graw Hill, 2008.

2. 3. 4.

Alan Bryman & Emma Bell. Business Research Methods. Oxford University Press, 2007. C.R.Kothari. Research Methodology. New Age International, 2008. Willian G. Zikmund. BusinessResearch Methods. South-Western Cengage Learning, 2010.

SEMESTER III
Security Analysis and Portfolio Management Block I Fundamentals of Investment management Basics of Investment, Financial Markets, Investment alternatives, the concept of risk and return, investment risks, methods to measure investment returns, Financial Mathematics, Fixed income securities, Bond Principles, Yield to Maturity, Duration Block II Portfolio Construction Portfolio Objectives, Investment Policy versus Investment Strategy, Diversification, Efficient Market hypothesis, Markowitz theory, CAPM, APT, Security Market Line, Stock Selection in the portfolio- Fundamental Analysis, Introduction to Financial Statement Analysis, Stock SelectionTechnical Analysis Book References 1. 2. 3. Prasanna Chandra. Investment Analysis and Portfolio Management. McGraw Hill, 2009. Bodie, Kane, Marcus and Mohanty. Investments. Tata Mc. Graw Hill, 2007. S. Kevin. Portfolio Management. Prentice Hall, 2006.

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4. 5. 6.

Frank J. Fabozzi. Institutional Investment Management. John Wiley and Sons, 2009 Charles Smithson. Credit Portfolio Management. John Wiley and Sons, 2009. Robert A. Strong. Portfolio Construction, Management, and Protection. South Western Cenage Learning, 2009.

7. 8.

John C Hull. Fundamentals of Options and Futures. Pearson, 2005. Leland E. Crabbe, Frank J. Fabozzi. Corporate Bond Portfolio Management. John Wiley and Sons, 2006.

9.

Dobofsky: Introduction to Derivatives 2003: Oxford University Press

Strategic Financial Management Block I - Financial Strategy for Organisations Strategy Concepts : Definition and meaning by various schools Strategic Planning and long range Business Planning graduation from operational to policy to Strategic decision making, Working Capital Strategy, Matrix Methods for Strategic Decisions, Organizational Strategy Block II- Strategic Financing Decisions Efficient Market, Six Lessons of Market Efficiency, corporate Financing, Payout Policy and Capital Structure, Debt Policy, The effect of financial leverage in a competitive tax free economy, Financing and Valuation Block III- Mergers, Acquisitions and Takeovers Motives for Mergers, Mergers and Amalgamations, types of takeovers, legal aspects, procedural aspects, economic aspects, financial aspects, accounting aspects, taxation aspects, Funding of Mergers and Takeover, Corporate Demergers / Splits and Divisions Book References

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1. 2. 3. 4. 5. 6.

Upendra Kachre. Strategic Management. Excel Book 1st Edition 2005 Reed and Reed Lajorex. The art of Mergers & Acquisitions. McGraw Hill, 1999. S.Ramanujam. Mergers. Tata McGraw Hill, 2000. Sridharan and Pandian. Guides to Takeover and Mergers. Wadhava Publications, 2002. Machiraju. Mergers. Acquisitions and Takeover. New Age International, 2003. Weston, Sen and Johnson, Takeovers, Restructure and Corporate Governance, Prentice Hall, 2003.

7.

Peirick A. Gaughan. Mergers, Acquisitions and Corporate Restructuring. John Wiley & Sons, 2003.5. Michael Porter Competitive Strategy Free press, 1998

Business Law

Block I - Indian Contract Act and Company Law Law of Contract, Special Contracts, Company Law, Corporate Personality, Stages of formation of a Company, Prospectus and Other Documents: Doctrine of Indoor Management, Prospectus, Shares, Debentures and Dividends Block II - Security Market Law An Overview of Legal and Regulatory Framework for Capital market, Capital Market Intermediaries regulations, Stock Exchange Regulations, Other Regulations: Venture Capital regulatory framework, Collective Investment Schemes Regulatory framework, Overview of depository system Book References 1. 2. 3. N. D. Kapoor. Elements of Mercantile Law. Sultan Chand and Company, 2006. Robert W Emerson. Business Law. Barrons Educational Series Inc, 2006. Satyanarayana G. Business Law. Apollo Publishers, 2009.

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SYLLABUS MBA Financial Services

4. 5.

Avatar Singh. Company Law. Eastern Book Company, 2008. Gulshan S.S. and Kapoor G.K. Business Law. New Age International, 2009.

Mutual Funds Block I - Mutual Fund Industry in India Structure of mutual fund, Types of Funds, Introduction to ETFs Salient features, Introduction to debt funds Salient features, Regulation of Mutual funds in India, Role of Mutual funds in Financial Planning Block II- Mutual Fund Portfolio Management Portfolio construction of a mutual fund, Management of portfolio risk, Mutual Fund Performance evaluation, Asset allocation decision, sector and security selection decisions, style analysis, Active portfolio Management, International Diversification Book References 1. 2. 3. 4. 5. 6. H.Sadhak Mutual funds in India: Marketing strategies and investment practices, M.Y.Khan. Financial Services. Tata McGraw Hill, 3rd Edition, 2005 Prassana Chandra. Investment Analysis and Portfolio Management. McGraw Hill. Bodie, Kane, Marcus and Mohanty. Investments. Tata Mc. Graw Hill, 2007. AMFI Handbook on mutual funds . R. Strong .Portfolio Management. Jaico Publishing, 2001

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Risk Management Block I - Overview of Risk Management Risk assessment & Management, Pricing in Foreign Currency, Types of risk and return, Internal and External Techniques, Price variation, Short Term borrowing, Pricing in Foreign Currency, Instruments of Risk Management, Process of Risk evaluation and Risk Control Block II - Measurement of Risk Measurement of Risk- Behavioral view of risk, statistical measures of risk, Portfolio Risk: Portfolio Expected Return, Portfolio Variance and Standard Deviation, Concept of Modern portfolio theory, Value at Risk (VaR), Insurable risks, Pure Risk, Handling and Monitoring of Risk Book References 1. 2. 3. 4. Peter Christ offerson. Elements of Financial Risk Management. Academic Press, 2003. John C. Hull. Fundamentals of Futures and Options. Pearson, 2005. Emmett J. Vaughan, Theresa Vaughan. Risk Management. Wiley, John & Sons, 1996. Neil A. Doherty. Integrated Risk Management: Techniques and Strategies for Managing Corporate Risk. McGraw Hill, 2000. 5. 6. Vohra and Bagri. Futures and Options. McGraw Hill, 2010. Prasanna Chandra. Investment Analysis and Portfolio Management. McGraw Hill, 2009.

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SEMESTER IV International Financial Management Block I - Overview of International Finance and Financial Markets Nature and characteristics of International Business, Scope of International Finance, WTO and its impact; Role of World Bank, IMF, SDR. Trade settlement methods, International Trade flows, Capital Flows, The foreign exchange market, Exchange Rate Mechanism and Foreign Exchange exposure, Risk management and forecasting foreign Exchange rate Block II - The Exchange Rate Theory and International Monetary System Purchasing power parity and floating exchange-rate experience, the purchasing power parity, the empirical evidence on the PPP - Monetary Models, The concept of risk premium and different types of risk, The Balance of payments Book References 1. 2. 3. 4. 5. Jeff Madura. International Financial Management. Cengage Learning, 2010. A.V. Rajwade. International Finance. Academy Of Business Studies, 2006. P.G. Apte. International Finance Management. McGraw Hill, 2010. John Holland. International Finance Management. Oxford, Blackwell Publication, 1997. Shapiro. International Finance. Wiley India Pvt Ltd, 2008.

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Financial Derivatives Block-I Futures and Forwards Risk Management using futures and forwards, Principles of future markets, Pricing of futures, Pricing of foreign Exchanges futures contract Valuation of long and short forward contract, Principles of Swaps, Mechanics of interest rate swaps, Credit Derivatives, The pricing of CDS Block II - Options Introduction and definition of options, Types of options, Option trading, Option premium , Profit and loss in options, Option strategies, Option pricing, factors affecting option pricing, Option Overwriting, Exotic Options and other derivatives, Mortgage backed Securities, Non standard swaps, Weather Derivatives, Energy Derivatives, Insurance derivatives. Book References 1. 2. 3. 4. 5. John C. Hull. Fundamentals of Futures and Options. Pearson, 2005. Vohra and Bagri. Futures and Options. McGraw Hill, 2010. Dobofsky: Derivatives Oxford University Press 2003 Robert Strong: Portfolio Management Jaico Publishing, 2001 Prasanna Chandra. Investment Analysis and Portfolio Management. McGraw Hill, 2009.

Commodity Derivatives Block I - Introduction to Commodity Derivatives

Derivatives definition, types of derivatives, products, participants and functions, Commodity Derivatives, Evolution of Indian Commodity Derivatives Market, Pricing commodity derivatives, Commodity Supply and demand, Effect of Business Cycles and fluctuation of interest rates on

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Commodity markets and their impact on the futures and options contracts of the commodities, unique behavior of commodities like coffee and wheat Block II - Commodity Derivative Trading

Commodity Derivative Trading, Trading Operations, Price, Margining, Final Settlement, Exception handling, Regulatory Framework: Forward market commission, Essential commodities Act, Accounting and Taxation Issue, Trading Infrastructure

Book References 1. 2. 3. 4. 5. John C. Hull. Fundamentals of Futures and Options. Pearson, 2005. Vohra and Bagri. Futures and Options. McGraw Hill, 2010. Dobofsky: Derivatives Oxford University Press 2003 Robert Strong: Portfolio Management Jaico Publishing,2001 Prasanna Chandra. Investment Analysis and Portfolio Management. McGraw Hill, 2009.

Financial Markets and Institutions Block I - Introduction to Financial Markets Structure of financial system, Financial Institutions, Financial Markets Financial instruments and services; financial system and Economic Development, Money Supply and Banking, Role of financial sector in economic development, Insurance Industry in India Block II- Regulators and Other Market Participants Financial Regulators: Securities and Exchanges Board of India, SEBI act, Investment BanksStructure and functions, Merchant banking: Concept, Growth, Merchant Banking in India, Other Financial Services

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SYLLABUS MBA Financial Services

Book References 1. Gomez. Financial Markets Institutions and Financial Services. Prentice Hall of India, 2007. 2. 3. Bhole and Mahakud. Financial Institutions and Markets. McGraw Hill, 2010. G. Ramesh Babu. Financial Markets and Institutions. Concept publishing company, 2006. 4. 5. Khan and Jain. Financial Services. McGraw Hill, 2010. P.Mohana Rao, R.L. Hyderabad. Financial Services- Text, Cases & Strategies. Deep & Deep Publication, 2002. 6. Ja Pratap G Subramanyam. Investment Banking: Theory and Practice. McGraw Hill, 2008. 7. H.R.Machiraju. Merchant Banking: Principles and Practices. New Age International, 2005. 8. Richard A Brealey, Stewart C Myers Allen. Principles of Corporate Finance (Special Indian Edition). McGraw hill, 2007. 9. 10. Ellis Ma Ferran. Company Law and Corporate Finance. Oxford University Press, 2003. Y Nagdeman. Financial Services Marketing. John Wiley and Sons, 2008.

Financial Planning and Wealth Management Block I - Investment and Retirement Planning Introduction to Investment Planning, Investment risk, Investment Vehicles, Introduction to Retirement Planning: Meaning, Issues, Retirement needs analysis, Retirement income streams, Post-retirement counseling, Pension sector reforms, Need for reforms, Reform proposals. Block II - Insurance and Tax Planning

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SYLLABUS MBA Financial Services

Introduction to Insurance Planning, Insurance and Risk, Life insurance needs analysis, Tax Planning Considerations, Ethical considerations in tax planning, Tax compliance matters, Taxation terminology, Tax calculations and special rules, Tax characteristics of business forms, Tax Planning Strategies, Financial Planning Process Book References 1. Harold Evensky. Wealth Management: The Financial Advisor's Guide to Investing and Managing Client Assets. McGraw hill, 1996. 2. Eugene F. Brigham and Joel F. Houston. Fundamentals of Financial Management. Cengage Learning, 2009. 3. 4. 5. 6. S.K. Bagchi. Wealth Management. Jaico Publishing House, 2009. Dun, Bradstreet. Wealth Management. McGraw Hill, 2008. Madhu Sinha. Financial Planning. McGraw Hill, 2008. George E. E. Rejda. Principles of Risk Management and Insurance. Pearson Education, 2007.

P a g e | 23 i-Nurture Education Solutions Pvt. Ltd., INDIA. 2011 All rights reserved including the right of reproduction in whole or in part in any form. For circulation only among the students / trainers of i-Nurture, subject to the condition that it shall not be copied / altered in any form, lent, resold, hired out or otherwise circulated without the Directors prior written consent.