Module 1

Module 1: Introduction to Financial System (7.5 hours)

1. Overview of the Indian financial system
2. Objectives, Needs, and Interactions of components in the financial system
3. Accessing financial data from popular sources

Module 2

Module 2: Introduction to Financial Markets (7.5 hours)

1. Money market
2. Bond Market & Government securities
3. Stock market
4. Mutual Funds
5. Insurance market

Module 3

Module 3: Introduction to theories of financial markets (7.5 hours)

1. 1. Interest rates and valuation
   2. Term structure and interest rates in bonds
   3. Efficient financial markets

Module 4

Module 4: Introduction the o regulatory framework of financial markets & Institutions (7.5 hours) 

1. Financial institutions and market efficiency
2. Global financial crisis
3. Failures in regulatory oversight and financial scams

Course Description

The course aims to help students to appreciate and understand how financial markets and
institutions operate. It introduces financial institutions and other market participants, their roles in the
financial system and the ways they interact with each other. The main objective of the course is to enable
the studentsto see financial marketsin right perspective so that it enablesthem to make informeddecisions
as both users as well as managers of financial markets. A second and equally important objective is to
help students to understand commonly used financial instruments and how they work.

Course Outcomes& Learning levels

1. Outline the role and structure of the financial system(Blooms Taxonomy level: K2 – Understand)
2. Compare the concepts and functions of different types of financial instruments.(Blooms Taxonomy level: K3 Apply)
3. Analyze theories on financial markets and institutions.(Blooms Taxonomy level: K4 Analyze)
4. Evaluate the regulatory framework that supports ethical practices.(Blooms Taxonomy level: K5 Evaluate)

Evaluation Pattern

* Based on assignments / Tests / Quizzes / Case Studies / Project / Term paper / Field visit report

Text Book:
1. Mishkin, Frederic S.; Eakins, Stanley G., Jayakumar, Tulsi and Pattnaik, R. (2018). Financial
Markets and Institutions (Edition 8). Noida: Pearson India Education Services Pvt. Ltd.

Reference:

1. Madura, J. (2015). Financial Institutions & Markets (Edition 10). Delhi: Cengage Learning India Private Limited. 2.
2. Anthony Saunders, Marcia Millon Cornett, Anshul Jain (2021). Financial Markets and Institutions (Edition 7). McGraw Hill Education (India) Private Limited.
3. Bhole, L. (2017). Financial Institutions and Markets – Structure, Growth & Innovations (Edition 6). Chennai: McGraw Hill Education (India) Private Limited.
4. Fabozzi, Frank J.; Modigliani, Franco; Jones, Frank J.; Ferri, M. G. (2002). Foundations of Financial Markets and Institutions (Edition 3). New Delhi: Pearson Education Inc.
5. NISM Series-XII: Securities Markets Foundation Certification Examination – study material.