School of Law

COURSE TITLE: Financial Market COURSE CODE: FIN2702

COURSE LEADER: Dr. Savita Yadav Email: Savita.yadav@gdgu.org

Mob No.: 8586013696
VENUE: A Block, SOL, GDGU COURSE STRUCTURE: L T P C
5-1-0-0
OBJECTIVES OF THE COURSE
1. To deliver an overview of Financial System in India
2. To explain the concepts of Capital Market and Money Market and their respective
sub-markets.
3. To impart knowledge about SEBI and its role in investor protection.
4. To give an overview of services provided by Indian Development Banks in Indian
Financial Market.
5. To impart knowledge of Financial Markets, Financial Institutions, Financial
Services and Financial Instruments that formulates a financial system
6. To provide an overview about the role of mutual funds and depositories in India.
CODE COURSE OUTCOMES
On completion of the course students will be able to:
FIN2702.1 Student will able to understand the recent developments in the
Indian financial system
FIN2702.2 Student can analyse methods of issuing shares and role of
intermediaries in the primary market
FIN2702.3 Student will able to evaluate Secondary market and Instruments
of secondary market
FIN2702.4 Student will able to apply the trading mechanism in the stock
market and banking Sector
FIN2702.5 Students will able to save money form the help of Derivative
instruments.
FIN2702.6 Students will enable to apply speculative activities related to
financial markets.

COURSE CONTENT/SYLLABUS TOTAL HOURS: 60

Module I: 10 Hours
INTRODUCTION: Meaning of financial markets, Financial system and its components,
functions; money market, instruments, types, regulations, Role of central bank in money
market; capital markets, reforms.
 School of Law

Module II: 8 Hours

PRIMARY MARKET: Initial Public Offer (IPO); Book Building through Online IPO;
Eligibility to issue securities; Pricing of Issues; Fixed versus Book Building issues;
allotment of Shares.

Module III: 14 Hours

SECONDARY MARKET: Role and functions of Securities and Exchange Board of
India (SEBI); Depositories; Stock exchanges; Intermediaries in the Indian stock
market; Listing Membership; Trading Clearing and settlement and risk
management; Investor protection fund (IPF); and Do's and Don'ts for investors,
Equity and debt investment

Module IV: 10 Hours

Banking Sector: Banking Sector: Banking sector in India, role of RBI, commercial banks,
foreign banks, reports of important committees, functions of a bank, products, assets and
liabilities of banks; Nonperforming assets, growth and performance of Indian banking sector

Module V: 10Hours

DERIVATIVES: Types of derivatives; Products, Participants, and functions; Trading

mechanism; Membership; Contract specification; Clearing & Settlement

Module VI: 8 Hours

Financial Services: Financial Services: Merchant banking, Venture capital and private
equity; Factoring & Forfeiting; Credit rating agencies; Underwriting; Portfolio management;
Loan syndication, project financing; brokerage services
 CO Code

(Average)
COFIN2702.6
COFIN2702.5
COFIN2702.4
COFIN2702.3
COFIN2702.2
COFIN2702.1

Overall  CO’s
0
Understanding of substantive &

PO1
procedural Laws.

0.3
Understanding of Legal Theory.

PO2

0.1
Legal reasoning.

PO3

0.1
Legal Research and Problem solving.
CO-PO MAPPING MATRIX

PO4

Level of Mapping/correlation
0.1
oral communication in the legal context

PO5

0.5
skills of counselling, negotiation 

PO6

1-Indicate-Lowest Correlation
ability to collaborate 

PO7

3- Indicates Highest Correlation

2-Indicates Moderate Correlation
2

0.3
professional ethics towards their clients

PO8
and society 

0.1
Rules relating to environment protection.
PO9

Legal professional to participate in civic

0
PO10

life through volunteering

P
1

0.1
Techniques necessary for solving legal
PO11

issues.

1
1
2
3
1

1.3
Interdisciplinary aspects of Law,
PSO1

2 Buisness Management
3
1
3
1

1.6
Analyse the existing Laws related to
PSO2

Management
School of Law
 School of Law

COURSE PLAN (LECTURE/TUTORIAL/PRACTICAL)

Level of Mapping/correlation
3- Indicates Highest Correlation
2-Indicates Moderate Correlation
1-Indicate-Lowest Correlation

COURSE PLAN (LECTURE/TUTORIAL/PRACTICAL)

S. No. Lecture/ Topics / Sub- Topics Course Pre-Reading
Tutorial (Learning)
(L/T) Outcomes
Lecture Meaning of financial markets FIN2702.1 Refer to the
reading/sugg
1.
ested
booklist
Lecture Financial system and its FIN2702.1 Refer to the
2. components, functions reading/sugg
2 ested
booklist
Lecture Money market, instruments, FIN2702.1 Refer to the
3. types, regulations reading/sugg
3 ested
booklist
Lecture Role of central bank in FIN2702.1 Refer to the
4. money market reading/sugg
4 ested
booklist
Lecture Capital markets FIN2702.2 Refer to the
5. reading/sugg
ested
booklist
Lecture Reforms of Financial FIN2702.2 Refer to the
Market in India reading/sugg
6.
ested
booklist
Lecture Revision of Unit I & Doubt FIN2702.2 Refer to the
7.
Session reading/sugg
6
ested
booklist
8. Tutorial Presentation of Student FIN2702.2 -
Lecture Initial Public Offer (IPO) FIN2702.2 Refer to the
reading/sugg
9.
ested
booklist
Lecture Book Building through FIN2702.2 Refer to the
10. Online IPO reading/sugg
ested
booklist
 School of Law

Lecture Eligibility to issue FIN2702.2 Refer to the

securities; Pricing of Issues reading/sugg
11.
ested
booklist
Lecture Fixed versus Book Building FIN2702.3 Refer to the
issues reading/sugg
12.
ested
booklist
Lecture Allotment of Shares FIN2702.3 Refer to the
13. reading/sugg
ested
booklist
Tutorial Revision of Unit II - Refer to the
reading/sugg
14.
ested
booklist
15. Tutorial Presentation of students FIN2702.6

16. Tutorial Presentation of students FIN2702.6

Lecture Roles and functions of FIN2702.4 Refer to the
Securities and Exchange reading/sugg
17.
Board of India (SEBI) ested
booklist
Lecture FIN2702.3 Refer to the
Depositories; Stock reading/sugg
18.
exchanges; Intermediaries ested
in the Indian stock market booklist
Lecture Depositories; Stock FIN2702.3 Refer to the
exchanges; Intermediaries reading/sugg
19.
in the Indian stock market ested
booklist
Lecture Listing Membership FIN2702.3 Refer to the
reading/sugg
20.
ested
booklist
Lecture FIN2702.3 Refer to the
21. Trading Clearing and reading/sugg
settlement and risk ested
management booklist
Lecture Trading Clearing and FIN2702.3 Refer to the
settlement and risk reading/sugg
22.
management ested
booklist
Lecture Investor protection fund FIN2702.3 Refer to the
(IPF) reading/sugg
23.
ested
booklist
24. Lecture FIN2702.4 Refer to the
Do's and Don'ts for reading/sugg
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investors ested
booklist
Lecture Equity investment FIN2702.4 Refer to the
reading/sugg
25.
ested
booklist
Lecture Debt investment FIN2702.4 Refer to the
reading/sugg
26.
ested
booklist
Lecture Revision Unit IV - Refer to the
27. reading/sugg
ested
booklist
28. Tutorial Presentation FIN2702.6
29. Tutorial Presentation FIN2702.6
Lecture FIN2702.4 Refer to the
Banking Sector: Banking reading/sugg
30.
sector in India ested
booklist
Lecture Commercial banks FIN2702.4 Refer to the
reading/sugg
31.
ested
booklist
Lecture Foreign banks FIN2702.4 Refer to the
reading/sugg
32.
ested
booklist
Lecture Foreign banks FIN2702.4 Refer to the
33. reading/sugg
ested
booklist
Lecture Reports of important FIN2702.4 Refer to the
committees, functions of a reading/sugg
34.
ban ested
booklist
Lecture Prooducts, assets and FIN2702.4 Refer to the
liabilities of banks reading/sugg
35.
ested
booklist
Lecture Nonperforming assets FIN2702.4 Refer to the
reading/sugg
36.
ested
booklist
Tutorial Discussion on growth and FIN2702.6
37. performance of Indian
banking sector
38. Lecture Concept of Derivatives FIN2702.5 Refer to the
reading/sugg
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ested
booklist
Lecture Types of Derivatives FIN2702.5 Refer to the
39. reading/sugg
ested
booklist
Lecture Types of Derivatives FIN2702.5 Refer to the
reading/sugg
40.
ested
booklist
Lecture Products of Derivatives FIN2702.5 Refer to the
41. reading/sugg
ested
booklist
Lecture Participants and Functions FIN2702.5 Refer to the
42. of Derivatives reading/sugg
ested
booklist
Lecture Functions of Derivatives FIN2702.5 Refer to the
reading/sugg
43.
ested
booklist
Lecture Trading Mechanism of FIN2702.5 Refer to the
Derivative reading/sugg
44.
ested
booklist
Lecture Contract Specification FIN2702.5 Refer to the
reading/sugg
45.
ested
booklist
Lecture FIN2702.5 Refer to the
Clearing & Settlement of reading/sugg
46.
Derivatives ested
booklist
Lecture Clearing & Settlement of FIN2702.5 Refer to the
Derivatives reading/sugg
47.
ested
booklist
Tutorial Doubt Session Refer to the
reading/sugg
48.
ested
booklist
Lecture General Discussion on the FIN2702.6 Refer to the
services of finance reading/sugg
49.
ested
booklist
50. Lecture Financial Services FIN2702.5 -
51. Lecture Merchant banking FIN2702.6 Refer to the
reading/sugg
 School of Law

ested
booklist
Lecture Venture capital FIN2702.6 Refer to the
reading/sugg
52.
ested
booklist
Lecture Private equity FIN2702.6 Refer to the
reading/sugg
53.
ested
booklist
Lecture FIN2702.6 Refer to the
Factoring & Forfeiting reading/sugg
54.
ested
booklist
Lecture Factoring & Forfeiting FIN2702.6 Refer to the
reading/sugg
55.
ested
booklist
Lecture FIN2702.6 Refer to the
Credit rating agencies reading/sugg
56.
ested
booklist
Lecture Underwriting FIN2702.6 Refer to the
reading/sugg
57.
ested
booklist
Lecture Portfolio management FIN2702.6 Refer to the
reading/sugg
58.
ested
booklist
Lecture Project financing FIN2702.6 Refer to the
reading/sugg
59.
ested
booklist
Lecture Brokerage services FIN2702.6 Refer to the
reading/sugg
60.
ested
booklist
61. Tutorial Presentation FIN2702.6 -
62. Tutorial Presentation FIN2702.6 -
63. Tutorial Presentation FIN2702.6 -

COURSE ASSESSMENT
The marks allocated for internal assessment shall be awarded as per the scheme given
below.
Marking Scheme
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End
Component of Evaluation Internal (40)
Term
Mid-Term Case Analysis / Quiz/
   
Examination Presentation/)
Weightage (%) / Course  
20 60
Outcomes 20

COURSE READINGS
(Extra Readings will be shared during lectures):

 Bhasin, N. Financial Institutions & Financial Markets in India: Functioning &

Reforms. New Century Publications.
 Fabozzi., F. J. Bond Markets Analysis and Strategies. Pearson Education.
 Khan, M. Y. Indian Financial System. McGraw Hill Education.
 Mishkin, F. S., & Eakins, S. Financial Markets and Institutions. Pearson Education.