The document outlines the course details for Financial Management at The ICFAI University Dehradun. The scope of the course is to familiarize students with money, monetary systems, commercial banking activities, and finance within the Indian financial system. The course will provide an overview of the Indian financial system with a focus on financial markets, institutions, and instruments. The course will cover topics like monetary policy, financial intermediation, development of financial institutions, primary and secondary markets, money markets, banks and banking systems, non-banking financial companies, mutual funds, insurance organizations, and capital market instruments over 44 lectures.

1. The ICFAI University Dehradun
Faculty of Law
B.B.A. LL.B. (Hons.) IIIrd
Year
Course Title: Financial Management (Code: MG312)
Course Handout
Semester II-2015
Course No. Course Title L P U
MG - 312 Money Banking & Financial System 3 0 3
Instructor-in-charge:
Tanushree Gupta, Faculty of Law
Scope and objective of the course:
The scope of the subject is to familiarize the student the subject of money, monetary system, commercial
banking activities and finance with reference to the Indian financial system. The course would give an overview
of the Indian financial system with focus on the financial markets, financial institutions and the financial
instruments.
Text Books “Money and Banking”, ICFAI Study Material, Indian Financial System by M Y Khan
Reference Books Indian Financial System by Tata McGraw Hill
Lecture wise plan
Lectures
Nos.
Chapter Title Topics to be covered Ref.
(Study
Material)
1-3 Monetary Policy Meaning and definitions of
monetary policy, Objectives and
instruments of monetary policy,
Factors affecting monetary policy
Monetary policy of India &
making process
Notes
4-8 Financial Intermediation Financial intermediation,
financial intermediation in Indian
context, credit market, concept of
financial disintermediation
Ch. III
9-13 Development of financial institution What is DFI, functions of DFI,
operations of DFI, challenges of
DFI
Notes
14-20 Primary Market Organizations:
Intermediaries
Merchant Bankers/ Lead
Managers; Underwriters; Bankers
to an Issue; Brokers to an Issue;
Registrars to an Issue and Share
Transfer Agents; Debenture
Trustees; Portfolio Managers
Ch. VI
21-24 Secondary Market Organizations Stock Broking; Custodial
Services; Depository System;
Securities Lending Scheme
Ch. VIII
25-28 Derivative market Meaning, evolution, functions,
types of derivatives,
Ch. IX

2. developments of derivative
market, future, options and swaps
29-30 Money Markets Reserve Bank of India; Money
market organizations
Ch. X
31-36 Banks and Banking System Commercial banks; Prudential
norms; Exposure norms; Banking
risks, Assets- Liabilities
management practices; Credit
Risk Management; Country Risk
Management
Ch. XI &
XII
37 NBFCs Acceptance of public deposits;
Asset- Liability Management
System
Ch. XIII
38-39 Mutual Funds and corporate debt market Regulatory mechanism: SEBI
Mutual Fund regulations; Mutual
Funds schemes/ products,
meaning, functions and
operations of corporate debt
market
Ch. XIV
40 Insurance Organizations IRDA and IRDA Regulations. Ch. XV
41-42 Capital Market Instruments Equity Shares; Preference Shares;
Debentures; Bonds; Notes;
Innovative Debt Instruments/
Securities; Derivatives
Ch. XVI
43-44 Foreign Capital and governments securities Foreign collaboration/ FDI;
External Commercial Borrowings
(ECBs); Indian Depository
Receipts (IDRs), FII; Offshore
Funds; Overseas Venture Capital,
what is government securities
Ch. XVII