B.Com. (Financial Markets) Introduction of Financial System Syllabus - Mumbai University
This is the FY BFM syllabus under NEP 2020, in force from the academic year 2024-25. The University still sets the earlier Choice Based papers alongside it for ATKT candidates, so check which scheme your exam form names before you revise.
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Syllabus for Introduction of Financial System
Module I: Overview of Financial System
- Meaning – Components – Stages in the development of Indian Financial system – Role of Indian Financial System – Challenges of Indian Financial System – Structure of Indian Financial System: Financial Institutions, Financial Markets, Financial Instruments and Financial regulators.
Module II: Financial Markets
- Capital markets, Money Markets, Foreign Exchange Market, Commodity Markets, Derivative Markets, Meaning, classification and structure, sub-segments, Role played, participants.
Module III: Financial instruments
- Meaning and classification of financial instruments, (Multiple ways of classifying financial instruments), Types of financial instruments, Evaluation of financial instruments (risk return trade-off), Characteristics of financial instruments, New financial instruments
Module IV: Financial Regulators
- Regulators of Financial System in India – The role of regulators – The RBI as the regulator of Indian Financial System – SEBI: Functions and powers – PFRDA: Structure, Functions and Powers – National Pension Scheme: Understanding and Benefits – IRDAI: Role and Functions – Banking and Insurance Ombudsman: Role and Functions.
Reference Books
- Principles & Practices of Bank Management by Rao Subba, Khanna P K.
- Management Of Banking And Financial Services by Paul Justin, Suresh Padmalata.
- Financial Services by Dharmaraj E.
- Financial Services by Khan M.Y.
- Financial Services : Text , Cases And Strategies by Rao Mohan P. , Hyderabad R.L.
- Financial Services by Batra G.S. ,Dangwal R.C.
- Financial Services by Khan M.Y. , Jain P.K.
Reproduced from the University of Mumbai syllabus for B.Com. (Financial Markets) under NEP 2020, in force from the academic year 2024-25. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.