Bachelor of Management Studies (B.M.S.) Equity and Debt Markets Syllabus - Mumbai University 2026
This is the SY BMS syllabus under NEP 2020, in force from the academic year 2025-26, examined under form 2225161. The University still sets the earlier Choice Based papers alongside it — forms 2M00155 and 2M00156, whose documents are below — so check which scheme your exam form names before you revise.
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Syllabus for Equity and Debt Markets
Module I: Introduction to Equity & Debt Market
- Shares - Meaning, types, advantages, limitations Debentures- Meaning, types, advantages, limitations Public Deposits- Meaning, advantages, limitations Borrowing from banks- types of loans, advantages, limitations
- Reserves and surplus, bonus shares, retained earnings, Dividend policy, Role of Depreciation, Importance, advantages and limitations of these sources
- Equity market - meaning & definitions of equity share; Growth of Corporate sector & simultaneous growth of equity shareholders; divorce between ownership and management in companies; development of Equity culture in India & current position.
- Debt market - Evolution of Debt markets in India; Money market & Debt markets in India; Regulatory framework in the Indian Debt market; Bonds: 1) Features of bonds 2) Types of bonds
Module II: Dynamics of Equity & Debt Market
- Secondary: 1)Definition & functions of stock exchanges 2)Evolution & growth of stock exchanges 3)Stock exchanges in India 4)NSE, BSE, OTCEI & overseas stock exchanges 5)Recent developments in stock exchanges 6)Stock market Indices 7) Players in stock Market
- Primary: 1)IPO – methods followed (simple numerical) 2) Book building 3)Role of merchant bankers in fixing the price 4)Red herring prospectus – unique features 5)Numerical on sweat equity, ESOP & Rights issue of shares
- Players in debt markets: 1)Govt. securities 2)Public sector bonds & corporate bonds 3)open market operations 4)Security trading corp. of India 5)Primary dealers in Govt. securities
Text Books
- 1 Allen, Larry (1750-2000). The Global Financial System.
- 2 Ian H. Giddy (1994). Global Financial Markets. Houghton Mifflin.
- 3 Saunders, Anthony & Cornett, Marica Millon. Financial markets & institutions: A modern perspective: TMIT
- 1 LM Bhole. Financial institutions & markets: Structure, growth & innovations. TMH (5th ed.)
- 2 Chandra, P. (2011).Corporate Valuation and Value Creation, (1st ed). TMH
Reproduced from the University of Mumbai syllabus for Bachelor of Management Studies (B.M.S.) under NEP 2020, in force from the academic year 2025-26. 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.