Syllabus for

Academic Year  (2024)

Course Description: This course provides a structural overview of financial markets and their operating characteristics. The course covers various asset types, market participants, and the manner in which assets trade within these markets and ecosystems and calculation, construction, and use of security market indexes. Course also focuses on the characteristics, analysis, and valuation of equity securities. The course covers the three main equity valuation approaches (present value, multiplier, and asset based).

The Functions of the Financial System, Assets and Contracts, Financial Intermediaries, Positions, Orders, Primary Security Markets, Secondary Security Market and Contract Market Structures, Well Functioning Financial Systems, Market Regulation

Index Definition and Calculations of Value and Returns, Index Construction and Management, Uses of Market Indices, Equity Indices, Fixed- Income Indices, Indices for Alternative Investments

The Concept of Market Efficiency, Forms of Market Efficiency, Market Pricing Anomalies, Behavioral Finance

Overview of Equity Securities, Equity Securities in Global Financial Markets, Types and Characteristics of Equity Securities, Private versus Public Equity Securities, Investing in Non- Domestic Equity Securities, Risk and Return Characteristics of Equity Securities, Equity Securities and Company Value

Uses of Industry Analysis, Approaches to identify similar companies, Industry Classification Systems, Describing and Analyzing an Industry, Company Analysis

Estimated Value and Market Price, Major Categories of Equity Valuation Models, Present Value Models: The Dividend Discount Model, Multiplier Models, Asset- Based Valuation.Discounted Cash flow models of valuation, using FCFF& FCFE.

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

Course Description: This course introduces the unique attributes that define fixed- income securities and an overview of global debt markets. Key concepts for the calculation and interpretation of bond prices, yields, and spreads and coverage of interest rate risk and key related risk measures are presented. The course covers Securitization including the various types, characteristics, and risks of these investments.

This course also examines the fundamental elements underlying bond returns and risks with a specific focus on interest rate and credit risk. Duration, convexity, and other key measures for assessing a bond’s sensitivity to interest rate risk are introduced. An explanation of credit risk and the use of credit analysis for risky bonds is also included.  

Fixed- Income Securities: Defining Elements

Introduction, Overview of a Fixed- Income Security, Legal, Regulatory, and Tax Considerations, Structure of Bonds Cash Flow, Bonds with Contingency Provisions

Introduction, Overview of Global Fixed- Income Markets, Primary and Secondary Bond Markets, Sovereign Bonds, Non- Sovereign Government, Quasi- Government, and Supranational Bonds, Corporate Debt, Structured Financial Instruments, Short term funding alternatives available to Banks 

Bond Prices and the Time Value of Money, Prices and Yields: Conventions for Quotes and Calculations, The Maturity Structure of Interest rates, Yield Spreads

Benefits of Securitization for Economies and Financial Markets, How Securitization Works, Residential Mortgage Loans, Residential Mortgage- Backed Securities, Commercial Mortgage- Backed Securities, Non- Mortgage Asset- Backed Securities, Collateralized Debt Obligations. 

Understanding Fixed-Income Risk and Return, Sources of Return, interest Rate Risk on Fixed- Rate Bonds, Interest Rate Risk and the Investment Horizon , Credit and Liquidity Risk

Introduction, Credit Risk, Capital Structure, Seniority Ranking, and Recovery rates, Ratings Agencies, Credit Ratings, and their Role in the Debt Markets, Traditional Credit Analysis: Corporate Debt Securities, Credit Risk vs. Return: Yields and Spreads, Special Considerations of High- Yield, Sovereign, and Non- Sovereign Credit Analysis.

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

Research provides direction for solving business, government, and social problems. Business research helps to replace intuitive business decisions with more logical and scientific decisions. The course intends to provide comprehensive knowledge & skills about the research methods that are employed to investigate problems in business.

Types of research report; Report structure, Citation, bibliography and referencing; Guidelines for effective report writing

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

This course provides students with detailed knowledge of the key international financial reporting standards (IFRSs) and how they are interpreted and applied

IAS 1, Presentation of financial statements

IFRS 15, Revenue from contracts with customers

IAS 8, Accounting policies, changes in accounting estimates and errors.

IAS 16, Property, plant and equipment; IAS 38, Intangible assets, 

IAS 40, Investment Property; IAS 36 - Impairment of assets; 

IAS 23 - Borrowing costs; IAS 20 - Accounting for government grants and disclosure of government assistance; IAS 2 - Inventories; IFRS 16 - Leases

IFRS 5, Non-current assets held for sale and discontinued operations.

IFRS 17: Insurance Contracts

IFRS 13: Fair Value Measurement; IFRS 32: Financial instruments – presentation; IFRS 9: Financial instrument; IFRS 7: Financial instruments - disclosures

IFRS 2: Share-based payment; IAS 37: Provisions, contingent liabilities and contingent assets; IAS 10: Events after the reporting period; IAS 19: Employee benefits; IAS 12, Income taxes

IFRS 10: Consolidated Financial Statements;  IFRS 3: Business Combinations

IAS 28 (revised 2011), Investments in associates and joint ventures; IAS 21, The effects of changes in foreign exchange rates

IAS 7, Statement of cash flows; IAS 24, Related party disclosures; IAS 33, Earnings per share

IFRS 8, Operating segments

Wiley Interpretation and Application of IFRS Standards 

https://www.ifrs.org/issued-standards/list-of-standards/

IFRS Green/Blue Book (published by www.ifrs.org on a yearly basis)

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

The course focuses on imparting theoretical and conceptual understanding of factors driving globalization and growth in international business, its trends and consequences, and the practical implications of these factors for business entities

Meaning &  nature of international business, importance of International Business, stages of internationalization, EPRG approaches to international business, theories of international business – Mercantilism , Absolute Advantage, Comparative Advantage, Factor Endowment, PLC, National Competitive Advantage.

Meaning and importance – environmental analysis - Political, Economic, Social-Cultural & technological environment of international business. Trade Policy – Free trade & Protection, Balance of Payments - Current items, Capital Items, Disequilibrium of balance of payments

International business analysis- modes of entry- exporting, turnkey projects, licensing, franchising, Joint ventures- Wholly owned subsidiaries - Comparison of different modes of entry

GLOBALIZATION: Meaning and Features-Globalization, factors driving Globalization - Advantages and Disadvantages, Socio - Cultural, Political &Legal and Economic Implications, Role of WTO, Globalization and India.

GLOBAL TRADE AGREEMENTS: WTO – role, functions and working

Regional Trade Agreements: Meaning, Objectives, Types & Implications, European Union, SAFTA, NAFTA, ASEAN, APEC

Definition. MNCs & TNCs, features, factors, merits and demerits, MNC s and India, Indian MNCs, OECD Guidelines for Multinational Enterprises

International financial system, IMF and International Monetary system. Exchange Rate Systems, Exchange rate determination – PPP theory – Interest rate parity theory – Balance of Payments theory – Monetary and Portfolio theories – foreign exchange market – functions – participants – currency convertibility – Global capital flows - FDI & FII, Accessing Global Finance – ADR/GDR/ECBs/FCBs

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

The course will help students understand why financial markets exist, how financial institutions serve them and the services the institutions offer. 

Focusing on management performance and regulation of financial institutions, the course explores Federal Reserve system and major debt and equity security markets. Updates on regulatory reform as well behavioral finance, high frequency trading and pension funds are also covered.

Markets facilitate corporate finance and Investment Management, Securities traded in Financial Markets, Valuation of Securities in Financial Markets, 

Determination of Interest Rates, Structure of Interest Rates, Overview of Financial Institutions

Loanable Funds Theory, Economic Forces that affect interest rates, Summary of forces that affect interest rates, Forecasting Interest Rates

Characteristics of Debt Securities that cause their yields to vary, credit (default) risk, Yield differentials across securities (money market securities, capital markets securities). Theories regarding relationships between maturity and annualized yield of securities (Pure expectation theory, Liquidity Premium theory etc.) International structure of Interest rates

Functions of Fed, Fed controls of money supply, Global Monetary Policy (A single eurozone monetary policy, Global central bank coordination), Mechanics of monetary policy – correcting a weak economy, high inflation,  limitation of monetary policy, Tradeoff in Monetary Policy, Economic Indicators monitored by Fed, Monetary Policy’s affect on various sectors, Monetary Policy in a Global environment

Money Market Securities (Treasury Bills, Commercial Paper, Repurchase Agreements, Bankers Acceptance etc.), Institutional Use of Money Markets, Valuation of Money Markets Securities, Price movements, Future Indicators, Risk of Money Market securities, Globalization of money markets

Treasury and Federal Agency Bonds, Corporate Bonds, Secondary markets for corporate bonds, Municipal Bonds, Junk Bonds, Institutional Use of Bond Markets, Globalization of Bond Markets, Eurobond market, Bond valuation and risk, Mortgage markets

Stock Offerings and Investor Monitoring, Stock Valuation and Risk, Market Microstructure and Strategies 

Commercial Bank Operations, Bank Regulation, Bank Management 

Bank Performance, International Banking

Thrift Operations, Consumer Finance Operations, Mutual Fund Operations, Securities Operations, Insurance Operations

Concept of Venture Capital, Features of Venture Capital, Scope of Venture Capital, Importance of Venture Capital, Types of Funds/Classification of Funds, Importance of Mutual Funds, Risks, Organisation of the Fund, Operation of the Fund, Facilities Available to Investors, Net Asset Value, Performance Evaluation of Mutual Funds, What is Securitisation, Securitisation vs. Factoring, Modus Operandi, Structure for Securitisation/Types of Securities, Securitisable Assets,  Benefits of Securitisation, Securitisation and Banks, Conditions for Successful Securitisation

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

This course builds the conceptual framework for understanding the basic derivatives and derivative markets. Essential features and valuation concepts for forward commitments such as forwards, futures, and swaps and contingent claims such as options are introduced.  The course also provides an overview of the more widely used alternative investments, including hedge funds, private equity, real estate, commodities, and infrastructure investment

Derivatives: Definitions and Uses, The Structure of Derivative Markets, Types of Derivatives, The Purposes and Benefits of Derivatives, Criticisms and Misuses of Derivatives, Elementary Principles of Derivative Pricing

Introduction, Fundamental Concepts of Derivative Pricing, Pricing and Valuation of Forward Commitments (forward contracts, futures contracts, swap contracts), Pricing and Valuation of Options (European and American Option Pricing, Binomial Valuation of Options),Forwards Rate agreements, Hedging and Speculation using Forwards, Futures and Options, Beta Management of the Portfolio using Futures.

Option Valuation using Put Call parity.

Introduction, Option Strategies for Equity Portfolios, Risk Management Strategies with Options and the Underlying. Mention specific types of option strategies- Combination strategies: Straddle, Strangle, Strip and Strap

Spread Strategies:

Bull Spread, Bear Spread, Calendar Spread, Butterfly Spread Strategy, Condor Spread strategy.

Introduction, Alternative Investments, Categories of Alternative Investments, Portfolio Context: Integration of Alternative Investments with Traditional Investments, Hedge Funds, Private Equity Structure and Fees, Private Equity Strategies,  Private Equity: Diversification Benefits, Performance, and Risk, Portfolio Company Valuation, Private Equity: Investment Considerations and Due Diligence

Forms of Real Estate Investment, Real Estate Investment Categories, Real Estate Performance and Diversification Benefits, Real Estate Valuation and Risks, Commodities Derivatives and Indices, Infrastructure, Other Alternative Investments, Risk Management Overview

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

This course is designed to introduce the concept of a portfolio approach to investments, the investment needs of various types of individual and institutional investors, risk management framework and sources of risk, portfolio risk and return measures. The course also introduces a quantitative framework - Modern Portfolio Theory - for portfolio selection and asset pricing. Course also covers Portfolio planning and construction process, and introduces development of an investment policy statement.

A Portfolio Perspective on Investing, Investment Clients, Steps in the Portfolio Management Process, Mutual Funds and Pooled Investment Products, Types of Investors, The Asset Management Industry

The Risk Management Process, Risk Governance, Identification of Risks, Measuring and Modifying Risks

Investment Characteristics of Assets, Risk Aversion and Portfolio Selection, Portfolio Risk, Efficient Frontier and Investor’s Optimal Portfolio

Capital Market Theory, Pricing of Risk and Computation of Expected Return, The Capital Asset Pricing Model, Beyond the Capital Asset Pricing Model, Portfolio Performance and Appraisal Measures, Application of the CAPM in Portfolio Construction

Portfolio Planning, The Investment Policy Statement, Portfolio Construction, Capital Market Expectations, Strategic Asset Allocation

Introduction, Technical Analysis – Definition and Scope, Technical Analysis Tools. Eliott Wave Theory 

Describe Fintech, Big Data, Artificial Intelligence and Machine Learning, Fintech applications to investment management; Financial Applications of distributed ledger technology. Data Science – Extracting information from Big Data.

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

This course is designed to introduce ethics, related challenges to ethical behavior, and the role played by ethics in the investment profession. A framework to support ethical decision- making is provided to help guide behavior. Particular emphasis is given to CFA Institute Code of Ethics and Standards of Professional Conduct. The course also covers Global Investment Performance Standards.

Introduction, Ethics, Ethics and Professionalism, Challenges to Ethical Conduct, The Importance of Ethical Conduct in the Investment Industry,  Ethical vs. Legal Standards, Ethical Decision- Making Frameworks, Applying the Framework   

CFA Institute Code of Ethics and Standards of Professional Conduct, CFA Institute Professional Conduct Program, Ethics and the Investment Industry

Responsibilities as a CFA Institute Member or CFA Candidate.

Recommended Procedures for Compliance and Application of the Standards namely: Professionalism, Integrity of Capital Markets, Duties to Clients, Duties to Employers, Investment Analysis, Recommendations, and Actions &Conflicts of Interest

The Structure of the GIPS Standards, Compliance and Benefits from Compliance

Why Is a Global Investment Performance Standard Needed, Implementing a Global Standard, Provisions of the Global Investment Performance Standards, GIPS Valuation Principle, GIPS Advertising Guidelines, Verification.

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

The course discusses the many types of risks all businesses face. It reviews various categories of risk. It provides a common framework and terminology for managing these risks to build an effective enterprise risk management system. This enables companies to prevent major risk events, detect them when they happen, and to respond quickly, appropriately, and resiliently. 

Risk Management Standards including ISO 31000, COSO ERM framework, COBIT framework

Risk, Risk Context, Risk Assessment, Risk Treatment, Risk Monitoring and Review, Reasoning about Probability, Uncertainty, and Likelihood

Environmental Risks—the Social Dimension, Environmental Risk—the Legal Dimension, Types of Environmental Risks, Identifying Environmental Risks, Environmental Risk Management: The Noranda Model—and Beyond, Approvals for Large Industrial Projects, The Environmental Risks, Who Does What?

Background, Types of Risks in Projects, Managing Risks during the Project Life Cycle, Managing the Risk of Being Late and Exceeding Budget

Risk Culture and Organizational Culture, Risk Culture in Financial Services, Safety Culture, Measuring Risk Culture, Managing Risk Culture, Rewards and Performance Management, Risk Identification, Risk Analysis, Risk Prioritization, Actions to Treat Incentive Risk

Human Capital Risks, Financial Risk,  Cyber Risk Management Strategies, Strategic Risk

Introduction, What Is a Key Risk Indicator?, Practical Applications, Value of KRIs to Risk Management, Design Principles, Implementation Considerations ,Conclusion

Enterprise Risk Management by John Fraser, Betty J Simkins

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

This course intends to provide an overview of the international finance including forex markets, risks and various avenues.

Globalization, Importance of international transactions, importance of IFM, IMS, Exchange rate regime, Gold Standard, Fiat Currency, Demand and supply of forex, Balance of payments, Balance of Trade, Bilateral and multilateral agreements relating to financial transactions, Flow of funds internationally through FDI and FII, Govt Policies regarding FII & FDI, Integration of global developments with the changing business environment in India

Foreign Exchange Market Structure of the Foreign Exchange Market, Types of Transactions and Settlements, Exchange Rate Quotations and Arbitrage, Direct and indirect quote, Spot rate and forward rates, Swap Points, Currency premium and discount, triangular arbitrage

Discussion on devaluation of Rupee, Theories of Exchange Rate Determination, Fundamental International Parity Conditions, Purchasing Power and Interest Rate Parity, Fisher Effect and International Fischer Effect

The Concept of Hedging and Speculation, Currency Forwards, Currency Futures, Currency Options, Currency swaps

The Risk Management Process, Exposure Management, Transactions Exposure, Operations Exposure, Interest Rate Exposure, Financial Swaps and Credit Derivatives, Techniques of managing foreign currency exposures

Bond Financing, Loan Financing, Equity Financing (GDR and ADR), International working capital management, Analysis of International Capital Budgeting, Cost of Capital of a Foreign Investment, Issues in Overseas Funding Choices

Seth A.K., International Financial Management, New Delhi, Galgotia Publishing Company

Eiteman, David K., Arthur Stonehill and Michael H. Moffett, Multinational Business Finance

Students are evaluated for each course on the basis of written examination and continuous internal assessments. Each paper carries maximum of 100 marks and is evaluated as follows:

·       Written Examinations consists of: 

o   Mid Semester Exam – 50 Marks   (2 hours duration)

o   End Semester Exam – 100 Marks (3 hours duration)

·       A student should secure a minimum of 40% Marks in the ESE to pass in that paper. 

·       In aggregate for each paper, for internal and end semester put together, at least 40 Marks out of 100 must be secured to pass in that paper. 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem-solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows: 

·       Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

·       Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

·       Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

·       Section D 

One Compulsory Question – 18 marks

Continuous Internal Assessments (CIA):

CIA – 1 and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam (MSE)

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows: 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

The student conducts research on a self-chosen subject in the field of finance and accounts. The student participates in the research group under the supervising faculty member and writes a research report.

Research Project work will be starting from 5th semester and the final report submission along with the viva voce will be scheduled in the 6th semester.

It is a 4 credit course and exam is for total of 100 marks. This research work has to be conducted in groups.

Viva voce: 50 marks