Management of Financial Services

An Introduction to Financial Services and Money Market
Meaning, Features, Constituents in Financial Service Market, Factors affecting the growth of Financial Services,. Reserve Bank of India- Role and Functions. Money Market Instruments in India- Treasury Bills, Commercial Paper, Certificate of Deposits, Call Money, Money Market Mutual Funds,

Venture Capital
Meaning, Features, Growth of Venture Capital, Stages of Venture Capital Financing, Buy-Outs, Exit Mechanism.
Credit Rating
Meaning, Functions of Credit Rating, Benefits of Credit Rating, The Credit Rating System- Growth Factors, Credit Rating Agencies in India- CRISIL, ICRA and CARE, Global Credit Rating Agencies- Moody’s and Standard & Poor’s, Major Factors considered while determining the rating profile of a Security. Credit Rating- Regulatory Framework in India, Limitations of Rating.

Bancassurance
Meaning, Benefits to Banks and Insurance Companies.
Factoring
Meaning, Mechanism, Types of Factoring, Advantages of Factoring, Functions of Factoring, Disadvantages of Factoring.

Merchant Banking Activities
Introduction, Meaning and Definition, Services of Merchant Bankers, Qualities of Merchant Banker, Problems faced by Merchant Bankers, Guidelines for Merchant Bankers by SEBI, Future Prospects of Merchant Banking in India.

Securitization
Introduction, Mechanism of Securitization, Importance and Utility, Advantages of Securitization- Gains to Originators, Gains to Investors, Gains to Borrowers, General Gains, Challenges.
Mutual Funds
Introduction, Types of Mutual Fund Schemes- Functional Classification, Portfolio Classification, Benefits of Mutual Funds, Managing Mutual Funds in India- The Sponsor, The Trustees, The Custodians, Asset Management Company, Evaluating Mutual Funds Performance.