FSM-302 covers financial markets and institutions. The course covers various money markets, capital markets, debt markets, foreign exchange markets, and derivatives markets. It also covers financial service institutions like clearing corporations, credit rating agencies, and depositories. The course examines stock exchanges, listing and delisting of securities, regulation, and investor protection. It also explores non-banking financial intermediaries and statutory financial organizations like post offices, provident funds, and the Reserve Bank of India. Recent developments in these areas are also addressed.