B.Com. (Banking and Insurance) Entrepreneurship in Financial Services Syllabus - Mumbai University
This is the Fourth Year BBI Honours with Research syllabus under NEP 2020, in force from the academic year 2026-27. The fourth year is new in 2026-27, and the University runs it as two separate courses: Honours, and Honours with Research.
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Syllabus for Entrepreneurship in Financial Services
Module I: Foundations of Entrepreneurship in Financial Services
- Unit 1: Introduction to Financial Services Entrepreneurship
- Concept of Entrepreneurship – Meaning, characteristics, and role in economic development.
- Financial Services Industry Overview – Banking, insurance, NBFCs, capital markets, and fintech ecosystem.
- Entrepreneurial Opportunities – Emerging areas such as wealth management, microfinance, and digital payments.
- Role of Innovation – Importance of innovation and disruption in financial services.
- Unit 2: Entrepreneurial Ecosystem and Support
- Startup Ecosystem in India – Government initiatives, incubators, and accelerators.
- Funding Sources – Venture capital, angel investors, crowdfunding, and institutional finance.
- Regulatory Framework – Role of RBI, SEBI, IRDAI in financial ventures.
- Entrepreneurial Skills Development – Leadership, risk-taking, and strategic thinking.
Module II: Business Models and Venture Creation
- Unit 3: Business Models in Financial Services
- Types of Business Models – B2B, B2C, platform-based, and hybrid models.
- Fintech Business Models – Payment banks, digital lending platforms, robo-advisory services.
- Value Proposition Design – Creating customer-centric financial products.
- Revenue Models – Fee-based, commission-based, and interest-based income.
- Unit 4: Business Planning and Strategy
- Business Plan Preparation – Components, structure, and feasibility analysis.
- Market Research and Analysis – Demand assessment and competitive analysis.
- Financial Projections – Costing, revenue estimation, and break-even analysis.
- Strategic Planning – Growth strategies, scaling, and competitive positioning.
Module III: Risk, Compliance, and Operations
- Unit 5: Risk Management in Financial Ventures Types of Risks – Financial, operational, regulatory, and technological risks. Risk Assessment Techniques – Identification, measurement, and mitigation strategies. Compliance Requirements – Licensing, registration, and reporting norms. Fraud Prevention – Controls and systems to prevent financial fraud.
- Unit 6: Operations and Technology Management
- Operational Framework – Process design, service delivery, and efficiency.
- Technology Integration – Role of IT systems, digital platforms, and automation.
- Customer Acquisition and Retention – Marketing strategies and CRM practices.
- Performance Monitoring – KPIs, analytics, and continuous improvement.
Module IV: Innovation, Sustainability and Growth
- Unit 7: Innovation and Fintech Trends Digital Transformation – Impact of technology on financial services. Emerging Technologies – AI, blockchain, big data, and cloud computing. Fintech Startups – Case studies and success factors. Challenges in Innovation – Regulatory, operational, and market barriers.
- Unit 8: Sustainable and Scalable Entrepreneurship Sustainable Finance – ESG principles and responsible investing. Financial Inclusion – Role of entrepreneurs in inclusive growth. Scaling Strategies – Expansion, partnerships, and diversification. Exit Strategies – Mergers, acquisitions, IPOs, and business continuity planning.
Reference Books
- 1 Vasant Desai – Small Scale Industries and Entrepreneurship
- 2 Rajeev Roy – Entrepreneurship
- 3 K.R. Chandratre – Financial Management for Entrepreneurs
- 4 M.Y. Khan – Indian Financial System
- 5 IIBF – Banking and Finance
Reproduced from the University of Mumbai syllabus for B.Com. (Banking & Insurance) under NEP 2020, in force from the academic year 2026-27. 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.