Financial Services (FS)

Instructor: Golaka C Nath, Ph.D.

Overview of the Course

The goal of the course is to make the students familiar with various financial services
provided by financial institutions and financial intermediaries. At the end of the course,
the students are expected to have good understanding of the financial services industry
operations.

Course Objective:

The objective of the course is to provide a good working knowledge of financial services
industry.

Student Learning Outcomes

After completing this course student should be able to:

Demonstrate critical and analytical skills to deal with financial services industry.

Text Book
1. M Y Khan – Financial Services (latest edition available)
2. NaliniTripathi – Financial Services (latest edition available)

TENTATIVE COURSE OUTLINE

Each Session is approximately 1.5 hours
Session No Session Details
1 and 2 Introduction to Financial Services Industry and Integration of Financial
markets with Service standards
3& 4 NBFCs - Case study – NBFC Crisis of 2019 - ILFS
5 Leasing, Hire Purchase, Consumer Finance

6 Factoring & Forfaiting– Case study – why Factoring did not take off in
India
7 Housing Finance– CASE Study – Is 5-90 or 20:80 scheme good?

8 Insurance Services

9-10 Venture Capital/ P E Funds / Hedge Fund

11-12 Banking Products – Case Study – Cross selling in Bank Branches –
What it means for consumers?
13-14-15 Mutual Funds– case study SIP – Good or Bad?
16-17 Issue management Services
 Session No Session Details
18 Corporate Restructuring

19 Stock Broking & Ancillary services

20 Credit Rating Services – Case Study – Failures and SEBI tightening

Prerequisites and pre-assignment:

The only prerequisite for the course is good understanding of Financial Management
that students have gone through in 1st Year. There is no formal pre-assignment, but I
assume basic understanding of Financial Market Infrastructure

Grading
Grading will be fair and objective and as per the Institution Rules. Quiz results and
Assignment results will be generally available in 24 hours but it can take more time if
external expert’s view is sought on valuation assignments. The following components
will be taken for Grading:

1. Quiz – 25% (Average of 2 quizzes of 45 Minutes duration with 25 short questions

in each Quiz).
2. Assignments (20%)
3. Mid-Term (25%)
4. End Term (30%)

Student Counseling
The instructor will be available in the campus on the class days for counseling, tutorials
as well as career planning advice in financial services industry / markets. Students are
free to discuss the issues they feel fit to discuss with the instructor.

Contact Details
Course Instructor will be available atgcnath@yahoo.com.

Telephone
+91 9820511897

List of Possible Assignments

1. NBFC and their role dynamism of after ILFS crisis
2. Credit Rating agencies and the role in financial crisis in India and abroad
3. Insurance sector and the penetration problems - way ahead - is there a need to put a clear
demarcation between insurance and investment
4. Why Mutual Funds issue large number of schemes - to help or confuse customers – challenges
in smaller cities
5. Crisis of NSE - how path breakers suffer when they lose direction
6. Push products marketing challenges in India - how regulations fall short to handle mis-selling
7. Has product diversion worked for stock exchanges - NSE vs BSE
8. Payment infrastructure and digital transformation in India in late 10 years - did we benefit
from high level of tech human resources
9. Banking business - challenges in India from new age banks

Assignments Structure
1. Introduction giving the microstructure of the environment in Indian and the world - about 2
pages (1.5 space font TNR 12)
2. Statement of Problem - 1 page to explain the problem at hand
3. Data - source and challenges - financial data should be for longer period - descriptive stats of
the data - classification - hypothesis - 4 pages
4. Analysis of the problem with data - 4 pages
5. Results and Suggestion - 3 pages
6. Concluding remarks - 2 pages
7. Reference