You are on page 1of 8

09MS385 WORKING CAPITAL MANAGEMENT Credit 3:0:0 Learning Objectives: To enable the students to work on: Factors determining

g Working capital. Working capital finance and various committees Cash management and its functions Receivable management and collection policies. Inventory management tools and techniques. Unit -1 Meaning Concept Kinds of Working Capital importance of adequate Working Capital Factors Determining the Working Capital requiremens management of Working Capital Estimate of WC requirements Profitability Vs Liquidity-Risk return trade off. Working capital management in multinational environment Unit -II WC Finance: Instruments for financing (Commercial paper, Intercorporate deposit, Cash credit, Overdraft)Committees: Dahejia Committee, Tandon Committee Chore Committee Nayak committee - Marathe Committee - Kannan committee Bank credit current scenarioEssentials for bank credit. Unit -III. Cash management: Functions of cash management-Cash conversion cycle& Operating cycleFloat, Components, measurement of float - Lock box system-Electronic funds transfer Cash management in multinational environment Unit - IV. Receivable management: Credit policy(Reasons for credit policy, Formulation of credit policy), Credit analysis(Consumer/Individual credit, Trade/Commercial credit)-Five Cs of creditCollection policy(Tools, process & principles)-Factoring-as a function in credit collection. Unit -V Inventory management Tools and Techniques(Usage of ABC, FSN, VED, JIT, Kanban, Material requirement planning ) valuation of inventories(Lifo, Fifo, Simple average & weighted average) -Level of inventories(Maximum, Minimum, Reorder, EOQ) Text Book
School of Management (SM)

KarunyaUniversity 1) Pandey, I.M. (2005). Financial Management . (9th Edn.), Vikas publishing house: New Delhi Reference Books:

1) Gupta, S.K., and Sharma, R.K. (2006), Financial Management , (3 rd Edn.), Kalyani Publishers: Mumbai 2) Prasanna Chandra (2006) Financial Management, Tata McGraw Hill.

11MS315 CORPORATE BANKING & INSURANCE MANAGEMENT Credits 3:0:0 Course Objectives: To impart required knowledge and understanding of students in Banking & Risk management including insurance, structure of Indian insurance and the regulations of insurance business, General insurance policies in vogue and insurance concepts Learning Outcomes: At the end of the course the students will be able to Understand the basics of the banking sector Understand the risk management concept particularly Insurance Obtain the knowledge on types/terms of insurance & regulatory authorities Unit I
Karunya University School of Management Academic Information 19

Introduction to Banking Sector- Banking Reforms - Modernization- Recent trends in technology based banking ( Networking and E-Banking) Over view on BASEL norms-Banking Ombudsman. Unit II Credit appraisal- Loan Syndication Presales credit and Post sales credit- Non-fund based businesses or Fee based services of Banks Letter of Credits , Bank Guarantees, Subsidiary services-Non Performing Assets-meaning, causes. Unit III Risk management: Concept of risk, Types of risk-Process, Categories- Risk management by individuals and corporations, Principles of insurance, Types of insurance (Life and non life insurance policies), Indian insurance sector reforms - Role of IRDA, TAC (Tariff advisory committee) Unit-IV General insurances in India: Fire insurance- Contract, Coverage-Types Need for Marine insurance Types of Policies, Scope for Rural Insurance , Health insurance Basics, Social need, Schemes(Government and State - ESI, Central Government health scheme)

Unit V Insurance concepts: Underwritng, Bancassurance: Meaning, objectives, benefits - Claim management, CRM in Insurance, FDI in insurance, Reinsurance, Actuaries, Business process outsourcing (BPO) in insurance sector. Text Books: 1. Guptha P.K, Insurance and Risk Management, Himalaya publishing house, Mumbai 2004 2. Vasant desai, Banks and Institutional Management, Himalayan publishing house, 2006. Reference Book: 1. Harrington. Scot. E Gregory.R.Nichans, Risk management and insurance ,mc graw hill International ,1999 2. Insurance Institute of India Study materials 3. Timothy W Koch & Scott Macdonald S : Bank Management Thomson South Western, 2007. 4. Khan M Y, Indian Financial System, 4th Ed. 2010., Tata McGraw Hill

11MS321 MICRO FINANCE AND INSTITUTIONAL ROLE Credits: 3:0:0 Course Objective The course aims at to provide a broad understanding about the concepts of microfinance and institutional roles of its promotion as functional agents. The syllabus is contextualized in the framework of sustainable development issues. Outcome of the Course: The Beneficiaries of the programme get conceptual framework on microfinance and understand the institutional role in promoting microfinance activities. Unit I Microfinance: Poverty Initiatives in India - Poverty Alleviation Programs -Shortcomings Bangladesh Grameen Experiment, Savings Program - Microcredit Summit1997 and Policy Planning, Microcredit and Microfinance: Agenda for Policy Planning; Unit II Government Initiatives for Rural Development: Agricultural Credit Banking Reforms and Rural Credit National Bank for Agriculture and Rural Development (NABARD) The District Industries Center (DIC) Small Industries Development Bank of India (SIDBI) Lead Bank Scheme

Government Schemes for Rural Development Self Employment and Entrepreneurship Development. Unit III Self Help Group Approach: Concept- Objectives Promotion, Group -Dynamics in Growth of SHGs: Issues to be addressed General Functioning Norms, Books kept by a SHG - Best Practices in Microfinance Empowerment Strategy, Networking of Self Help Groups; Institutionalization of Self Help Movement; Objectives and Functions of Networking Credit Rating and Bank Linkage. Unit IV Development of Microfinance Products: Types of Products Savings, Objectives Microinsurance, Regulation of Micro insurance; Insurer MFI Partnership Model Securitization, Need for Securitization in India ICICI Bank Lending Products. Unit V Sustainable Development Issues: Assessment of MFIs, Rating of Microfinance Institutions; Nonfinancial Parameters; Financial Parameters; Approach for MFI Evaluation CRISIL Model, CRISILs Criteria for MFI Evaluation, MICROS Regulatory FrameworkRecommendations Egovernance for Rural Masses Text Books: 1. Karmakar KG, (Ed) (2008), National Bank for Agriculture and Rural Development (NABARD), Mumbai Microfinance In India, Sage Publications Pvt Ltd, New Delhi.
Karunya University School of Management Academic Information 26

2. N Srinivasan (2009), Microfinance India, State of the Sector Report 2009, SAGE Publications Pvt. Ltd , New Delhi. Reference Books: 1. Wilson, Kim., Harper, Malcolm & Griffith, Mathew (2010), Financial Promise for the Poor, How Groups Build Microsavings, Books for Development, Bangalore. 2. Shukla, Rajesh (2010), How India Earns, Spends & Saves Unmasking the Real India? National Council for Applied Economic Research, New Delhi. 3. B.P. Nanda, SK Das, J.Rath, Micro Finance and Rural Development in India, New Century Publication, Dec. 2008.

11MS322 FINANCIAL MARKETS AND INSTITUTIONS Credits 3:0:0 Course Objectives: To impart required knowledge and understanding of students in financial markets and institutions including Financial inclusions on service sectors like banks and insurance companies. Learning Outcomes: At the end of the course the students will be able to Understand the basics of the financial markets and institutions Understand the concepts like development banking and NBFCs Obtain the knowledge on Financial market, Inclusion on commercial banks and Insurance sector Unit I Economic Growth And Financial Institutions: - Capital formation and economic growth, Process of capital formation-Saving, investment and finance -Problem of capital formation in India, Role of financial institutions ,Indian economy and financial development, Mission objective, Tasks of All India Finance Institutions (AIFIs). Unit II Development Financial Institution: - Role and functions of Industrial development bank of India(IDBI),Industrial finance corporation of India(IFC),Industrial credit and Investment corporation of India(ICICI) and Industrial Reconstruction bank of India(IRBI),RBI policy guidelines for financial institutions Unit III Non Banking Finance Companies: - Nature and significance-Types of NBFCs-NBFCs in IndiaRegulatory norms and directions for NBFCs-Financial performance of NBFCs (RBI and SEBI)Challenges before Indian NBFCs Unit IV Financial Market: - Meaning-functions, Components-Categories of Indian financial markets (Money market, Capital market, Forex market)-International capital market(Bond market, Equity market)Regulatory agencies role in Indian Financial markets
Karunya University School of Management Academic Information


Unit V Financial Inclusion & Commercial Banks: - Introduction of inclusionFinancial inclusion (Main goals-Major aspects, Reasons, Consequences, Steps taken in India benefits of financial inclusive growth in India)-Present structure of Indian banking system-Financial inclusion on commercial banks and Insurance sector. Text Book 1. Financial Institutions and Markets, LM.Bhole, Tata McGraw Hill, 2009 Edition 2. Financial Markets and Institutions, Jeff Madura, Sept. 2009, 9th Edn. South Western Educational Publishers. Reference Books 1. Financial Markets and Institutions ,Fedrick Mishkin,Stanley Eakins,Perasons publishers,6th Edition, 2006. 2. Financial Markets and Institutions, Peter Howells, Keith Bein, 5th Edition 2007 3. Financial Markets and Institutions, Babu G. Ramesh (2006) Concept Publishing Company.

11MS323 FINANCIAL SERVICES Credits 3:0:0 Course Objectives: This course aims to develop an insight on the various financial services of Indian Financial System. At the end of this course, the students should be able to understand The objectives, scope ,functions of financial intermediaries and types of financial instruments. The rules and regulations , importance and services offered by Merchant banks. Marketing of merchant banking services The process and functions of various credit rating agencies in India. SEBI guidelines on mutual funds operations. Learning Outcome: Skills acquired in this course include the application of their knowledge in Project appraisal, credit appraisal, pre and post Issue management activities, etc. A thorough understanding on corporate advisory services helps the students to develop their consultancy skills. Students desirous of making careers in corporate finance, Banking, Insurance, etc., enhance their skill set

from this course curriculum. Further enhancement of education can be done by taking up courses such as CA/ ICWA/CFA etc. Unit I Innovative Financial services - Financial services offered by financial intermediaries New financial products and services Financial System in India Financial Markets: Capital and Money market instruments Challenges faced in financial service sector- Innovative Financial instruments need and significance. Unit II Merchant Banking in India - Merchant Bankers in Market making process guidelines ; intermediaries; services : Issue management, Portfolio management, Underwriting, Project appraisal, corporate advisory services, pricing, pre-issue and post-issue activities, book-building. Marketing of merchant banking services
Karunya University School of Management Academic Information 28

Unit III Mutual funds and factoring services - Regulations and operations SEBI guidelines classification of mutual fund schemes- Risks and Investors rights ; Discounting factoring and forfeiting Cost and pricing. Unit IV Credit rating - Credit rating agencies national (CRISIL, ICRA, CARE, Duff Phelps) and International agencies (S&P, GMI. ISS, fitch investor services, Moodys investor services) their functions, process of credit rating. Unit V Venture Capital - Scope and Initiatives in India guidelines methods of venture financing ; Hirepurchase and Leasing: Types , provisions and structure of leasing industry. Securitization of Debt: Role of Merchant bankers , Future prospects of securitisation Text Books: 1. Pathak B.V. (2003), Indian Financial System, (1st edn.), Tata McGraw Hill, New Delhi 2. Nalini Prava Tripathi (2005), Financial Services, (3rd edition), Prentice Hall India, Delhi. Reference Books:

1. Avadhani, A. (1999), Marketing of Financial Services, (2nd edition), Himalaya Publishing House, Mumbai. 2. G.Ramesh Babu , Financial Services in India, (2005), Concept Publishing company, (1st edition), New Delhi. 3. S. Gurusamy, Financial Services, June 2009, 2nd Edn. Tata McGraw Hill.__