Master of Commerce (M.Com.) Marketing of Financial Products Syllabus - Mumbai University
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Syllabus for Marketing of Financial Products
Module I: (2 CREDITS)
- Unit 1 Introduction to Marketing
- a Meaning, Definition of Marketing, Marketing concept and its evolution, Difference
- between marketing and selling, Concept of services- Difference between goods
- and services
- b Goods service continuum, Service marketing triangle- Characteristics of services- Marketing mix elements (4 and 7 Ps)- Environmental Analysis-Macro
- and Micro environment
- Unit 2 Introduction to Financial Products
- a Introduction to Financial Products- Financial service products meaning and Features, Investment related products- concepts and features- classification.
- b Marketing fundamentals - Market segmentation, Distribution channels- pricing, Decision-factors affecting pricing-pricing policies, Role of regulators in pricing- structure and Marketing of financial products based on client requirements.
- c CRM - Importance of CRM in Marketing of Financial Services- CRM and Relationship, Marketing-CRM, Concept-CRM implementation and evaluation.
Module II: (2 CREDITS)
- Unit 3 Buying Behavior
- a Consumer’s buying behavior-Factors affecting buying behavior, Need and importance of competition analysis, Porters five force model.
- b Marketing Strategies - Market entry strategies, Recent trends in marketing of investment products, Marketing though social networking channels.
- Unit 4 E- Marketing
- a Introduction to E- Marketing – Meaning, Objectives, Features, Scope, Benefits, Problems and Techniques, E-Marketing Tools – Introduction, Objectives, E- mail Marketing,Creating a website, Social Media Marketing, Pay per Click
- Advertising, Search Engine Optimization, Blogging and Classified Advertising
- b Application of E- Marketing- Introduction, Objectives, Online Advertising, Direct
- Response Medium, Role of Distribution in E- Marketing, Lead Generation
- Platform, Customer Service Mechanism and Relationship Building Medium.
References
- Marketing Financial Services: Arthur Meidam: Macmillan
- Marketing Financial Services: Christine Ennew, Trevor Watkins Mike Wright: Routledge
- The Essence of Services Marketing.: Payne, Adrian: Prentice Hall of India Private Limited,
- Customer Service Meaning and Measurement: La Londe, B.J. and Zinszer, P.H: National Council of Physical Distribution Management (NCPDM.)
- Financial Services Marketing: Harrison, Tina: Pearson Education
Reproduced from the University of Mumbai syllabus for M.Com. (Banking & Finance) under NEP 2020, in force from the academic year 2023-24. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
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