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FACULTY OF ECONOMICS amp BUSINESS
Syllabus
For
BACHELOR OF VOCATION (BVoc)FINANCIAL MARKET amp SERVICES
(Semester I - IV)
Session 2019-20
GURUNANAKDEVUNIVERSITYAMRITSAR
Note (i) Copy rights are reservedNobody is allowed to print it in any formDefaulters will be prosecuted
(ii) Subject to change in the syllabi at any timePlease visit the University website time to time
1BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester I
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Communication Skills in English-I 50 - 50II Punjabi (Compulsory) OR
wZ[Ybh gzikph ORPunjab History amp Culture(From Earliest Times to C 320)(Special Paper in lieu of PunjabiCompulsory)
50 - 50
III Statistical Applications for Finance 50 - 50IV Understanding Balance sheet amp Profit
and Loss Account50 - 50
V Indian Financial System 50 - 50VI Computer Fundamentals 50 - 50VII Seminar 50
Drug Abuse Problem Managementand Prevention (Compulsory)
50 - 50
Semester II
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Communication Skills in English-II 35 15 50II Punjabi (Compulsory) OR
wZ[Ybh gzikph ORPunjab History amp Culture(C 320 to 1000 BC)(Special Paper in lieu of PunjabiCompulsory)
50 - 50
III Business Environment 50 - 50IV Basics of Investment 50 - 50V Basics of Insurance 50 - 50VI Commercial Banking 50 - 50VII Seminar - - 50
Drug Abuse Problem Managementand Prevention (Compulsory)
50 - 50
Note The marks of Paper will not be added in the Grand Total
2BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester III
Course Course Title TheoryMarks
PracticalMarks
MaximumMarks
I Managerial Economics-I 50 - 50II Corporate Finance 50 - 50III Equity Markets 50 - 50IV Fixed Income Markets 40 10 50V Fundamentals of Management 50 - 50VI Company Laws 50 - 50VII Financial Market Simulation Lab-I - 50 50
Semester IV
Course Course Title TheoryMarks
PracticalMarks
MaximumMarks
I Derivative Management 50 - 50II Commodity Markets 50 - 50III Managerial Economics-II 50 - 50IV Business Ethics 50 - 50V Management of Financial Services
and Institutions50 - 50
VI Global Financial Markets 50 - 50VII Financial Market Simulation Lab-II - 50 50VIII ESL-221 Environmental Studies 100 - 100
Training for 8 weeks and project report to be prepared on which seminar will be conducted insemester V
Note - Environmental Studies Paper marks are not included in the total marks
3BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester-V
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Money Market Instruments and Operations 50 - 50II Treasury Management 50 - 50III Mutual Funds 50 - 50IV Market Analysis 50 - 50V Financial Market Operations 50 - 50VI Market Risk Management 50 - 50VII Direct Tax Laws 50 - 50
Semester-VI
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Online Trading Simulation Lab - 50 50II Marketing of Financial Services 50 - 50III Portfolio Management 50 - 50IV Strategic Management 50 - 50V Financial Risk Management 50 - 50VI Financial Planning ampWealth Management 50 - 50VII Entrepreneurship Developmentamp Project
Management50 - 50
VIII Viva - - 50
4BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash I
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
The syllabus is divided in four sections as mentioned below
SECTIONndashAReading Skills Reading Tactics and strategies Reading purposesndashkinds of purposesandassociated comprehension Reading for direct meanings
SECTIONndashBReading for understanding concepts details coherence logical progression and meanings ofphrases expressions
Activities Comprehension questions in multiple choice format Short comprehension questions based on content and development of ideas
SECTIONndashCWriting Skills Guidelines for effective writing writing styles for applicationpersonal letterofficial business letter
Activities
Formatting personal and business letters Organising the details in a sequential order
SECTIONndashDResume memo notices etc outline and revision
Activities
Converting a biographical note into a sequenced resume or vice-versa Ordering and sub-dividing the contents while making notes Writing notices for circulation boards
Recommended Books
Oxford Guide to Effective Writing and Speaking by John Seely English Grammar in Use (Fourth Edition) by Raymond Murphy CUP
5BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (eftsk Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjkeby-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 1 s_ 6)(ਿਨਬਧ ਦਾ ਸਾਰ ਿਲਖਣ-ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) goQk ouBk(ਅ) goQk gVQ e gqFBK d T[`so
ਸਕਸ਼ਨ-ਡੀ(T) gzikph X[Bh ftT[_s LT[ukoB nzr T[ukoB EkB s ftXhnK to ftnziB ਸਰ-
(n) GkFk tzBrhnK L GkFk dk Nekbh og GkFk ns T[g-GkFk dk nzso gzikphT[gGkFktK d gSkD-fuzBQ
nze-tzv ns gohfyne bJh jdkfJsK1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
1BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester I
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Communication Skills in English-I 50 - 50II Punjabi (Compulsory) OR
wZ[Ybh gzikph ORPunjab History amp Culture(From Earliest Times to C 320)(Special Paper in lieu of PunjabiCompulsory)
50 - 50
III Statistical Applications for Finance 50 - 50IV Understanding Balance sheet amp Profit
and Loss Account50 - 50
V Indian Financial System 50 - 50VI Computer Fundamentals 50 - 50VII Seminar 50
Drug Abuse Problem Managementand Prevention (Compulsory)
50 - 50
Semester II
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Communication Skills in English-II 35 15 50II Punjabi (Compulsory) OR
wZ[Ybh gzikph ORPunjab History amp Culture(C 320 to 1000 BC)(Special Paper in lieu of PunjabiCompulsory)
50 - 50
III Business Environment 50 - 50IV Basics of Investment 50 - 50V Basics of Insurance 50 - 50VI Commercial Banking 50 - 50VII Seminar - - 50
Drug Abuse Problem Managementand Prevention (Compulsory)
50 - 50
Note The marks of Paper will not be added in the Grand Total
2BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester III
Course Course Title TheoryMarks
PracticalMarks
MaximumMarks
I Managerial Economics-I 50 - 50II Corporate Finance 50 - 50III Equity Markets 50 - 50IV Fixed Income Markets 40 10 50V Fundamentals of Management 50 - 50VI Company Laws 50 - 50VII Financial Market Simulation Lab-I - 50 50
Semester IV
Course Course Title TheoryMarks
PracticalMarks
MaximumMarks
I Derivative Management 50 - 50II Commodity Markets 50 - 50III Managerial Economics-II 50 - 50IV Business Ethics 50 - 50V Management of Financial Services
and Institutions50 - 50
VI Global Financial Markets 50 - 50VII Financial Market Simulation Lab-II - 50 50VIII ESL-221 Environmental Studies 100 - 100
Training for 8 weeks and project report to be prepared on which seminar will be conducted insemester V
Note - Environmental Studies Paper marks are not included in the total marks
3BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester-V
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Money Market Instruments and Operations 50 - 50II Treasury Management 50 - 50III Mutual Funds 50 - 50IV Market Analysis 50 - 50V Financial Market Operations 50 - 50VI Market Risk Management 50 - 50VII Direct Tax Laws 50 - 50
Semester-VI
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Online Trading Simulation Lab - 50 50II Marketing of Financial Services 50 - 50III Portfolio Management 50 - 50IV Strategic Management 50 - 50V Financial Risk Management 50 - 50VI Financial Planning ampWealth Management 50 - 50VII Entrepreneurship Developmentamp Project
Management50 - 50
VIII Viva - - 50
4BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash I
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
The syllabus is divided in four sections as mentioned below
SECTIONndashAReading Skills Reading Tactics and strategies Reading purposesndashkinds of purposesandassociated comprehension Reading for direct meanings
SECTIONndashBReading for understanding concepts details coherence logical progression and meanings ofphrases expressions
Activities Comprehension questions in multiple choice format Short comprehension questions based on content and development of ideas
SECTIONndashCWriting Skills Guidelines for effective writing writing styles for applicationpersonal letterofficial business letter
Activities
Formatting personal and business letters Organising the details in a sequential order
SECTIONndashDResume memo notices etc outline and revision
Activities
Converting a biographical note into a sequenced resume or vice-versa Ordering and sub-dividing the contents while making notes Writing notices for circulation boards
Recommended Books
Oxford Guide to Effective Writing and Speaking by John Seely English Grammar in Use (Fourth Edition) by Raymond Murphy CUP
5BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (eftsk Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjkeby-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 1 s_ 6)(ਿਨਬਧ ਦਾ ਸਾਰ ਿਲਖਣ-ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) goQk ouBk(ਅ) goQk gVQ e gqFBK d T[`so
ਸਕਸ਼ਨ-ਡੀ(T) gzikph X[Bh ftT[_s LT[ukoB nzr T[ukoB EkB s ftXhnK to ftnziB ਸਰ-
(n) GkFk tzBrhnK L GkFk dk Nekbh og GkFk ns T[g-GkFk dk nzso gzikphT[gGkFktK d gSkD-fuzBQ
nze-tzv ns gohfyne bJh jdkfJsK1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
2BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester III
Course Course Title TheoryMarks
PracticalMarks
MaximumMarks
I Managerial Economics-I 50 - 50II Corporate Finance 50 - 50III Equity Markets 50 - 50IV Fixed Income Markets 40 10 50V Fundamentals of Management 50 - 50VI Company Laws 50 - 50VII Financial Market Simulation Lab-I - 50 50
Semester IV
Course Course Title TheoryMarks
PracticalMarks
MaximumMarks
I Derivative Management 50 - 50II Commodity Markets 50 - 50III Managerial Economics-II 50 - 50IV Business Ethics 50 - 50V Management of Financial Services
and Institutions50 - 50
VI Global Financial Markets 50 - 50VII Financial Market Simulation Lab-II - 50 50VIII ESL-221 Environmental Studies 100 - 100
Training for 8 weeks and project report to be prepared on which seminar will be conducted insemester V
Note - Environmental Studies Paper marks are not included in the total marks
3BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester-V
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Money Market Instruments and Operations 50 - 50II Treasury Management 50 - 50III Mutual Funds 50 - 50IV Market Analysis 50 - 50V Financial Market Operations 50 - 50VI Market Risk Management 50 - 50VII Direct Tax Laws 50 - 50
Semester-VI
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Online Trading Simulation Lab - 50 50II Marketing of Financial Services 50 - 50III Portfolio Management 50 - 50IV Strategic Management 50 - 50V Financial Risk Management 50 - 50VI Financial Planning ampWealth Management 50 - 50VII Entrepreneurship Developmentamp Project
Management50 - 50
VIII Viva - - 50
4BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash I
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
The syllabus is divided in four sections as mentioned below
SECTIONndashAReading Skills Reading Tactics and strategies Reading purposesndashkinds of purposesandassociated comprehension Reading for direct meanings
SECTIONndashBReading for understanding concepts details coherence logical progression and meanings ofphrases expressions
Activities Comprehension questions in multiple choice format Short comprehension questions based on content and development of ideas
SECTIONndashCWriting Skills Guidelines for effective writing writing styles for applicationpersonal letterofficial business letter
Activities
Formatting personal and business letters Organising the details in a sequential order
SECTIONndashDResume memo notices etc outline and revision
Activities
Converting a biographical note into a sequenced resume or vice-versa Ordering and sub-dividing the contents while making notes Writing notices for circulation boards
Recommended Books
Oxford Guide to Effective Writing and Speaking by John Seely English Grammar in Use (Fourth Edition) by Raymond Murphy CUP
5BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (eftsk Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjkeby-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 1 s_ 6)(ਿਨਬਧ ਦਾ ਸਾਰ ਿਲਖਣ-ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) goQk ouBk(ਅ) goQk gVQ e gqFBK d T[`so
ਸਕਸ਼ਨ-ਡੀ(T) gzikph X[Bh ftT[_s LT[ukoB nzr T[ukoB EkB s ftXhnK to ftnziB ਸਰ-
(n) GkFk tzBrhnK L GkFk dk Nekbh og GkFk ns T[g-GkFk dk nzso gzikphT[gGkFktK d gSkD-fuzBQ
nze-tzv ns gohfyne bJh jdkfJsK1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
3BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES
Semester-V
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Money Market Instruments and Operations 50 - 50II Treasury Management 50 - 50III Mutual Funds 50 - 50IV Market Analysis 50 - 50V Financial Market Operations 50 - 50VI Market Risk Management 50 - 50VII Direct Tax Laws 50 - 50
Semester-VI
Paper Paper Title TheoryMarks
PracticalMarks
MaximumMarks
I Online Trading Simulation Lab - 50 50II Marketing of Financial Services 50 - 50III Portfolio Management 50 - 50IV Strategic Management 50 - 50V Financial Risk Management 50 - 50VI Financial Planning ampWealth Management 50 - 50VII Entrepreneurship Developmentamp Project
Management50 - 50
VIII Viva - - 50
4BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash I
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
The syllabus is divided in four sections as mentioned below
SECTIONndashAReading Skills Reading Tactics and strategies Reading purposesndashkinds of purposesandassociated comprehension Reading for direct meanings
SECTIONndashBReading for understanding concepts details coherence logical progression and meanings ofphrases expressions
Activities Comprehension questions in multiple choice format Short comprehension questions based on content and development of ideas
SECTIONndashCWriting Skills Guidelines for effective writing writing styles for applicationpersonal letterofficial business letter
Activities
Formatting personal and business letters Organising the details in a sequential order
SECTIONndashDResume memo notices etc outline and revision
Activities
Converting a biographical note into a sequenced resume or vice-versa Ordering and sub-dividing the contents while making notes Writing notices for circulation boards
Recommended Books
Oxford Guide to Effective Writing and Speaking by John Seely English Grammar in Use (Fourth Edition) by Raymond Murphy CUP
5BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (eftsk Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjkeby-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 1 s_ 6)(ਿਨਬਧ ਦਾ ਸਾਰ ਿਲਖਣ-ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) goQk ouBk(ਅ) goQk gVQ e gqFBK d T[`so
ਸਕਸ਼ਨ-ਡੀ(T) gzikph X[Bh ftT[_s LT[ukoB nzr T[ukoB EkB s ftXhnK to ftnziB ਸਰ-
(n) GkFk tzBrhnK L GkFk dk Nekbh og GkFk ns T[g-GkFk dk nzso gzikphT[gGkFktK d gSkD-fuzBQ
nze-tzv ns gohfyne bJh jdkfJsK1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
4BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash I
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
The syllabus is divided in four sections as mentioned below
SECTIONndashAReading Skills Reading Tactics and strategies Reading purposesndashkinds of purposesandassociated comprehension Reading for direct meanings
SECTIONndashBReading for understanding concepts details coherence logical progression and meanings ofphrases expressions
Activities Comprehension questions in multiple choice format Short comprehension questions based on content and development of ideas
SECTIONndashCWriting Skills Guidelines for effective writing writing styles for applicationpersonal letterofficial business letter
Activities
Formatting personal and business letters Organising the details in a sequential order
SECTIONndashDResume memo notices etc outline and revision
Activities
Converting a biographical note into a sequenced resume or vice-versa Ordering and sub-dividing the contents while making notes Writing notices for circulation boards
Recommended Books
Oxford Guide to Effective Writing and Speaking by John Seely English Grammar in Use (Fourth Edition) by Raymond Murphy CUP
5BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (eftsk Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjkeby-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 1 s_ 6)(ਿਨਬਧ ਦਾ ਸਾਰ ਿਲਖਣ-ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) goQk ouBk(ਅ) goQk gVQ e gqFBK d T[`so
ਸਕਸ਼ਨ-ਡੀ(T) gzikph X[Bh ftT[_s LT[ukoB nzr T[ukoB EkB s ftXhnK to ftnziB ਸਰ-
(n) GkFk tzBrhnK L GkFk dk Nekbh og GkFk ns T[g-GkFk dk nzso gzikphT[gGkFktK d gSkD-fuzBQ
nze-tzv ns gohfyne bJh jdkfJsK1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
5BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (eftsk Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjkeby-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 1 s_ 6)(ਿਨਬਧ ਦਾ ਸਾਰ ਿਲਖਣ-ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) goQk ouBk(ਅ) goQk gVQ e gqFBK d T[`so
ਸਕਸ਼ਨ-ਡੀ(T) gzikph X[Bh ftT[_s LT[ukoB nzr T[ukoB EkB s ftXhnK to ftnziB ਸਰ-
(n) GkFk tzBrhnK L GkFk dk Nekbh og GkFk ns T[g-GkFk dk nzso gzikphT[gGkFktK d gSkD-fuzBQ
nze-tzv ns gohfyne bJh jdkfJsK1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
6BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
wK L 3 xzN e[b nzeL 50gkm-eqw
eFB-J
g_sh nyoh n`yo eqw go fpzdh tkb toD ns go ftu gDtkb toD ns wksqtK (w[Ybh ikD-gSkD)brkyo (fpzdh fN`gh n`Xe) L gSkD ns tos_
eFB-ph
gzikph Fpd-pDso L w[Ybh ikD-gSkD(kXkoB Fpd z[es Fpd fwFos Fpd wb Fpd nrso ns fgSso)
eFB-hfB`s tos_ dh gzikph Fpdktbh L pkko tgko foFs-Bks ysh ns jo XzfdnKnkfd BkbzpzXs
eFB-vh
js d `s fdBK d BK pkoQK wjhfBnK d BK o[sK d BK fJe s_ se frDsh FpdK ftu
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
7BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-II Punjab History amp Culture (From Earliest Times to C 320)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Physical features of the Punjab and its impact on history2 Sources of the ancient history of Punjab
SECTION B
3 Harappan Civilization Town planning social economic and religious life of the IndusValley People
4 The Indo-Aryans Original home and settlements in Punjab
SECTION C
5 Social Religious and Economic life during Rig Vedic Age6 Social Religious and Economic life during Later Vedic Age
SECTION D
7 Teachings and impact of Buddhism8 Jainism in the Punjab
Suggested Readings1 L M Joshi (ed) History and Culture of the Punjab Art-I Patiala 1989 (3rd edition)2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Patiala 19773 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 19665 Chopra PN Puri BN amp Das MN(1974) A Social Cultural amp Economic History
of India Vol I New Delhi Macmillan India
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
8BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-III STATISTICAL APPLICATIONS FOR FINANCE
Time 3 Hrs Max Marks 50Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACentral tendency Mean Median and Mode Arithmetic and Geometric mean DispersionStandard deviation standard error
SECTION-BElementary Probability theory Deterministic and Non Deterministic experiments differenttypes of events a priori and empirical definition of probability Properties of BinomialPoissonand normal distribution
SECTION-CSimple Correlation and Regression AnalysisAssumptions Pearsons product moment andSpearmenrsquos rank correlation method least squares technique properties of correlations andregression coefficients
SECTION-DTime Series AnalysisTrend analysis using moving average and regressionanalysisseasonalcyclic and regular fluctuations Index number construction of unweightedandweighted indexnumbers quantity Index
Suggested Readings
1 Levin Richard and David S Rubin ldquoStatistics for Managementrdquo 7th EditionPrenticeHall of India New Delhi
2 Chandan JS ldquoStatistics for Business and Economicsrdquo Ist Edition (1998) VikasPublishing House Pvt Ltd
3 Render B and Stair R M Jr ldquoQuantitative Analysis for Managementrdquo 7thEditionPrenticendashHall of India New Delhi
4 Gupta C B Gupta V ldquoAn Introduction to Statistical Methodsrdquo 23rd Edition (1995)VikasPublications
5 Siegel Andrew F Practical Business Statistics International Edition 5th Edition (2001)McGraw Hill Irwin
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
9BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-IV UNDERSTANDING BALANCE SHEET amp PROFIT AND LOSS ACCOUNT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AFinancial Statements Meaning Importance for businesses Users of financial statementsAccounting concepts and principles
SECTION-BCapital and revenue items Preparing the annual financial statements
SECTION-CAnalysis and Interpretation of Financial StatementndashMeaningndashTypes and Methods ofFinancial Analysis ndash Comparative statements ndash Trend Analysis ndash Common size statements (ageneral discussion only)
SECTION-DRatio Analysis ndashMeaning ndashNature ndash uses and limitations of Ratios Calculating and interpretingvarious ratios from the financial statements
Suggested Readings
1 Maheshwari SN and Maheshwari SK ldquoFinancial Accountingrdquo 2009 VikasPublishing
2 House New Delhi3 Narayanswami R ldquoFinancial Accounting A Managerial Perspectiverdquo 3rdEdition 2008
Prentice Hall of India New Delhi4 Mukherjee A and Hanif M ldquoFinancial Accountingrdquo 1st Edition 2003 Tata McGraw
Hill5 Vashisht CD and Sexana VK ldquoAdvanced Management Accountingrdquo 2012 Sultan
Chand amp Sons New Delhi6 Gowda JM ldquoManagement Accountingrdquo 2010 Himalaya Publishing House New Delhi
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
10BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-V INDIAN FINANCIAL SYSTEMTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction Nature and role of financial system Financial system and economicdevelopmentIndian Financial SystemndashAn Overview Financial Markets Introduction classificationCapital market- primary and secondary markets their role and recent developmentsGovernment securities market Various Instruments issued
SECTION-BMoney marketndash meaning constituents functions of money market Money market instrumentsndash callloans treasury bills certificates of deposits commercial bills trade bills etc
SECTION-CFinancial Intermediaries and Institutions SEBI Objectives and Functions RBIand its RoleIRDA its objectives and functions
SECTION-D
Role of Commercial banks NBFCs Broking Houses Insurance companies Credit ratingAgencies in IndiaXImpact of Foreign Investment in India
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi2 Hooda RP ldquoIndian Securities MarketsndashInvestors View Pointrdquo 1998 Excell Books
New Delhi3 Machiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill5 Pathak BV ldquoIndian Financial Systemrdquo Pearson Education
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
11BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VI COMPUTER FUNDAMENTALS
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-A
General Features of Computers Generations of Computer Workstation Mainframe Computerand Supercomputers Computer Applications ndash Data Processing Information ProcessingCommercial Office Automation Industry and Engineering Healthcare Education Graphicsand Multimedia
SECTION-BComputer memory primary and secondary memory Secondary storage devices ndash magnetic andoptical media input and output devices ndash printer plotter scannerndashOMR OCR MICR MouseKeyboard Modem
SECTION-CComputer Software and HardwarendashSystem Application Service Software Machine andAssembly Language High Level Language
SECTION-DOperating System ndash Basic Functions and Types Fundamentals of DOS Internal and ExternalCommands of DOS Batch Files Booting and its Types
Suggested Readings
1 Hunt R J Shelley Computers and Commonsense Prentice Hall of India2 Sinha Pradeep K and Preeti Sinha Foundation of Computing BPB Publication3 Saxena Sanjay A First Course in Computers Vikas Publishing House4 Leon A amp Leon M Introduction to Computers Leon Vikas Publications5 Leon Fundamentals of Information Technology Vikas Publications6 Kakkar DN Goyal R Computer Applications in Management New Age
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
12BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
PAPER-VII SEMINAR
Max Marks 50
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
13BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
Drug Abuse Problem Management and Prevention
PROBLEM OF DRUG ABUSE
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash AMeaning of Drug AbuseMeaning Nature and Extent of Drug Abuse in India and Punjab
SECTION ndash BConsequences of Drug Abuse for
Individual Education Employment IncomeFamily ViolenceSociety CrimeNation Law and Order problem
SECTION ndash CManagement of Drug AbuseMedical Management Medication for treatment and to reduce withdrawal effects
SECTION ndash DPsychiatric Management Counselling Behavioural and Cognitive therapySocial Management Family Group therapy and Environmental Intervention
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 20043 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
14BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-I)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi SagePublications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi MittalPublications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study AmritsarGuru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers DelhiShipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and CessationCambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic andPolitical Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime15 World Drug Report 2017 United Nations office of Drug and Crime
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
15BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-I COMMUNICATION SKILLS IN ENGLISH ndash II
Time 3 Hours Max Marks 50Theory Marks 35
Practical Marks 15
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
Course Contents
SECTIONndashA
Listening Skills Barriers to listening effective listening skills feedback skills
Activities Listening exercises ndash Listening to conversation News and TV reports
SECTIONndashB
Attendingtelephone calls note taking and note making
Activities Taking notes on a speechlecture
SECTIONndashC
Speaking and Conversational Skills Components of a meaningful and easyconversationunderstanding the cue and making appropriate responses forms of polite speechasking and providing information on general topics
Activities 1) Making conversation and taking turns2) Oral description or explanation of a common object situation or concept
SECTIONndashD
The study of sounds of EnglishStress and IntonationSituation based Conversation in EnglishEssentials of Spoken English
Activities Giving Interviews
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
16BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PRACTICAL ORAL TESTINGMarks 15
Course Contents
1 Oral Presentation with without audio visual aids2 Group Discussion3 Listening to any recorded or live material and asking oral questions for listening
comprehension
Questions
1 Oral Presentation will be of 5 to 10 minutes duration (Topic can be given in advance or itcan be studentrsquos own choice) Use of audio visual aids is desirable
2 Group discussion comprising 8 to 10 students on a familiar topic Time for each groupwill be 15 to 20 minutes
Note Oral test will be conducted by external examiner with the help of internal examiner
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
17BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II gzikph (bkiawh)
wK L 3 xzN e[b nze L 50gkm-eqw ns gkm-g[seK
ਸਕਸ਼ਨ-ਏnksw nBksw (ejkDh Gkr)(zgH [fjzdo pho ns tfonkw fzx zX)r[o BkBe dt BhtofNh nzfwqso(ਿਵਸ਼ਾ-ਵਸਤ ਪਾਤਰ ਿਚਤਰਨ)
ਸਕਸ਼ਨ-ਬੀfJfsjke kdK (fJfsjke by-zrqfj)zgkH HHnwbgzikph kfjs gqekFB b[fXnkDk (by 7 s_ 12)(ਸਾਰ ਿਲਖਣ ਸ਼ਲੀ)
ਸਕਸ਼ਨ-ਸੀ(ੳ) Fpd-pDso ns Fpd ouBk L gfoGkFk w[`Yb zebg(ਅ)
ਸਕਸ਼ਨ-ਡੀ(ੳ) zyg ouBk(ਅ) w[jkto ns nykD
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB g`so d uko Gkr jDr jo Gkr ftu_ d gqFB g[`S ikDr2H ftfdnkoEh B e[`b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh
j gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo N eoB tkbk ieo ukj sK gqFBK dh tzv n`r_ t`X s_ t`X uko
T[g-gqFBK ftu eo edk j
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
18BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II w[ZYbh gzikph(In lieu of Compulsory Punjabi)
smW 3 GMty kul AMk 50gkm-eqw
eFB-J
Fpd FqDhnK L gSkD ns tos_(BKt gVBKt fefonk ftFFD fefonk ftFFD pzXe ie ns ftfwe)
eFB-ph
gzikph tke pDso L w[Ybh ikD-gSkD(T) kXkoB tke z[es tke ns fwFos tke (gSkD ns tos_)(n) fpnkBhnk tke gqFBtkue tke ns j[ewh tke (gSkD ns tos_)
eFB-h
goQk ouBkzyg ouBk
eFB-vh
fu`mh g`so (xob ns dsoh)nykD ns w[jkto
nze-tzv ns gohfyne bJh jdkfJsK
1H gqFB gso d uko Gkr jDr jo Gkr ftu_ d gqFB g[S ikDr2H ftfdnkoEh B e[b gzi gqFB eoB jB jo Gkr ftu_ fJe gqFB bkwh j
gzitK gqFB fe th Gkr ftu_ ehsk ik edk j3H joe gqFB d pokpo nze jB4H ggo `N eoB tkbk ieo ukj sK gqFBK dh tzv nr_ t`X s_ tX uko T[g-gqFBK
ftu eo edk j
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
19BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-II Punjab History amp Culture (C 320 to 1000 B C)(Special Paper in lieu of Punjabi compulsory)
Time 3 Hours Max Marks 50Instructions for the Paper Setters-
Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION A
1 Alexanderrsquos Invasion and its Impact2 Punjab under Chandragupta Maurya and Ashoka
SECTION B
3 The Kushans and their Contribution to the Punjab4 The Panjab under the Gupta Empire
SECTION C
5 The Punjab under the Vardhana Emperors6 Socio-cultural History of Punjab from 7th to 1000 AD
SECTION D
7 Development of languages and Education with Special reference to Taxila8 Development of Art amp Architecture
SUGGESTED READINGS
1 L M Joshi (ed) History and Culture of the Punjab Art-I Punjabi University Patiala1989 (3rd edition)
2 LM Joshi and Fauja Singh (ed) History of Punjab VolI Punjabi University Patiala1977
3 Budha Parkash Glimpses of Ancient Punjab Patiala 19834 BN Sharma Life in Northern India Delhi 1966
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
20BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-III BUSINESS ENVIRONMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ABusiness Environment Meaning Types Internal Environment External Environment Salientfeatures of Economic Systems Capitalist systemMarket economy Socialist system and MixedEconomyBasic Features of Indian Economy
SECTION-BLiberalisation Privatisation Globalisation and its Implications for Indian EconomyEconomic Planning in India objectives Strategies amp priorities of current Five year planHighlights of current year Annual Budget(2017)
SECTION-CForms of Business Organization Sole proprietorship Partnership Firms Joint stock companiesCo-operative societies and TrustsIntroduction to regulatory policies of the Government Industrial EXIM Fiscal and MonetaryPolicies
SECTION-DSetting up a new enterprise Various factors to be consideredSocial Responsibility of Business Concept rationale and barriers Social AuditCode of Ethics and standard of professional conduct
Suggested Readings
1 Cherunilam Francis ldquoBusiness Environmentrdquo 2011 Himalaya Publishing HouseNewDelhi
2 K Ashwathappa ldquoLegal Environment of Businessrdquo Himalaya Publishing HouseNewDelhi
3 M Adhikary ldquoEconomic Environment for Businessrdquo Sultan Chand amp Sons New Delhi4 K Ashwathappa ldquoEssentials of Business Environmentrdquo 11th Edition (2011)Himalya
Publishing House New Delhi5 Paul Justin ldquoBusiness Environment ndash Text and Casesrdquo 2006 Tata McGraw
HillsPublishing
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
21BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-IV BASICS OF INVESTMENT
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AIntroduction to Investments Investment Meaning Objectives and characteristics Importance ofInvestment Management Investment vs Speculation Return on Investments Measures ofreturn and risk Relationship between risk and reward
SECTION-BDeterminants required rate of return Need for diversification of risk Time value of MoneyTechniques of Discounting and compounding Importance of liquidity in investment decisions
SECTION-CThe multiple avenues for Investment Bank deposits ndash Features and Types Post Office savingschemes Public Provident Fund Insurance policies real Estate CommoditiesSharesDebenturesBonds including floating rate bonds Zerocoupon bonds Deep discount bonds
SECTION-DWarrants Derivatives Futures Options swaps ADRsGDRs IDRs Mutual Funds
Suggested Readings
1 Sharpe William F Gordon J Alexander and Jeffrey V Bailey
Investments (Prentice Hall)
2 Fabozzi Frank Investment Management (Prentice Hall)
3 Haugen Robert A The Inefficient Stock Market (Prentice Hall)
4 Taggart Robert A Quantitative Analysis for Investment Management (Prentice Hall)
5 RichardBrealey and Steward Myers Principles of Corporate Finance (McGraw Hill)
6 Dimson E (ed) Stock Market Anomalies (Cambridge Cambridge University Press)
7 Khan M Y Financial Services Tata McGraw Hill Publishing Company New Delhi
8 Singh Preeti Investment Management Himalaya Publishing House New Delhi
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
22BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-V BASICS OF INSURANCE
Time 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-AMeaning nature Role and Importance of Insurance
Principles of Insurance Principle of Indemnity Principle of Insurable Interest Principleof Subrogation Principle of utmost good faith Proximate cause contribution
SECTION-BLife Insurance Nature Annuities Surrender Value Calculation of Premium and measurementof risk
SECTION-C
Concepts of Fire Marine and Motor insurance (nature and significance) Concept of reinsurance
SECTION-D
Salient Feature of IRDA Act 1999 Privatization of insurance industry Risk Concept Types of risk
Suggested Readings
1 Niehaus Harrington ldquoRisk Management and Insurancerdquo 2007 Tata McGraw-Hill
2 Kotreshwar G ldquoRisk Management- Insurance and Derivativesrdquo 2005 Himalaya
Publishing House
3 GopalKrishan G ldquoInsurance Principles and Practicerdquo 1994 Sterling PublishersNew
Delhi
4 Gupta PK ldquoInsurance and Risk Managementrdquo 2010 Himalaya Publication
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
23BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VI COMMERCIAL BANKINGTime 3 Hrs Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION-ACommercial Banks Meaning Evolution Present structure of commercial banks in IndiaTypes Role Functions and Services provided by banksLicensing of Banks in India Licensing of banks branch licensingBanking and the Economy Cash reserve ratio Statutory liquidity ratio repo and reverserepoopen market operations security valuation capital account convertibility
SECTION-BBasel Framework Bank for International Settlements(BIS) Basel Accords BASEL IIIRegulatory Framework Anti Money Laundering and KYC norms
SECTION-CBank Deposits and Accounts ndash Kinds of deposits Nomination Deposit insuranceOpening ofaccounts for minors joint account holders HUF firms companies trustssocieties Govt andpublic bodies Closure of deposit accountsSecurity Creation Pledge Hypothecation Mortgage Assignment
SECTION-DPayment and Collection of Cheques Duties and responsibilities of paying and collectingbanker Protection available to paying and collecting banker under Negotiable Instruments ActOther Banking Services Fund based services ATM RTGS NEFT Non fund based servicesMoney remittance services banking channels Financial inclusion
Suggested Readings
1 IIBF ldquoPrinciples and Practices of Bankingrdquo 2nd Edition McMillian Publishers2 Paul and Suresh ldquoManagement of Banking and Financial Servicesrdquo 2007 Pearson
Education3 Sunderam and Varshney ldquoBanking Theory Law and Practicesrdquo 2004 Sultan Chand and
Sons4 Varshney PN ldquoBanking Law and Practicerdquo 2012 Sultan Chand and Sons5 Desai Vasant ldquoBanks and institutional managementrdquo 2008 Himalaya Publications
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
24BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
PAPER-VII SEMINAR
Max Marks 50
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
25BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
Drug Abuse Problem Management and Prevention
DRUG ABUSE MANAGEMENT AND PREVENTION
Time 3 Hours Max Marks 50
Instructions for the Paper Setters-Eight questions of equal marks (Specified in the syllabus) are to be set two in each of the fourSections (A-D) Questions may be subdivided into parts (not exceeding four) Candidates arerequired to attempt five questions selecting at least one question from each Section The fifthquestion may be attempted from any Section
SECTION ndash APrevention of Drug abuseRole of family Parent child relationship Family support Supervision Shaping values ActiveScrutiny
SECTION ndash BSchool Counselling Teacher as role-model Parent-teacher-Health Professional CoordinationRandom testing on students
SECTION ndash CControlling Drug AbuseMedia Restraint on advertisements of drugs advertisements on bad effects of drugs Publicityand media Campaigns against drug abuse Educational and awareness program
SECTION ndash DLegislation NDPs act Statutory warnings Policing of Borders Checking SupplySmuggling ofDrugs Strict enforcement of laws Time bound trials
References
1 Ahuja Ram (2003) Social Problems in India Rawat Publication Jaipur
2 Extent Pattern and Trend of Drug Use in India Ministry of Social Justice and
Empowerment Government of India 2004
3 Inciardi JA 1981 The Drug Crime Connection Beverly Hills Sage Publications
4 Kapoor T (1985) Drug epidemic among Indian Youth New Delhi Mittal Pub
5 Kessel Neil and Henry Walton 1982 Alcohalism Harmond Worth Penguin Books
6 Modi Ishwar and Modi Shalini (1997) Drugs Addiction and Prevention Jaipur Rawat
Publication
7 National Household Survey of Alcohol and Drug abuse (2003) New Delhi Clinical
Epidemiological Unit All India Institute of Medical Sciences 2004
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
26BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-II)
8 Ross Coomber and Others 2013 Key Concept in Drugs and Society New Delhi Sage
Publications
9 Sain Bhim 1991 Drug Addiction Alcoholism Smoking obscenity New Delhi Mittal
Publications
10 Sandhu Ranvinder Singh 2009 Drug Addiction in Punjab A Sociological Study Amritsar
Guru Nanak Dev University
11 Singh Chandra Paul 2000 Alcohol and Dependence among Industrial Workers Delhi
Shipra
12 Sussman S and Ames SL (2008) Drug Abuse Concepts Prevention and Cessation
Cambridge University Press
13 Verma PS 2017 ldquoPunjabrsquos Drug Problem Contours and Charactersticsrdquo Economic and
Political Weekly Vol LII No 3 PP 40-43
14 World Drug Report 2016 United Nations office of Drug and Crime
15 World Drug Report 2017 United Nations office of Drug and Crime
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
27BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-I MANAGERIAL ECONOMICS-I
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Theory of Demand Meaning of demand and its types Law of demand Price elasticity ofdemand and its measurement Consumerrsquos Behaviour Utility approach Brief outline of law ofdiminishing marginal utility and law of equi-marginal utility
Section-B
Indifference Curve Approach Consumer equilibrium Income Price and Substitution effectRevealed Preference Approach Theory of Supply Concept and law of supply factors affectingsupply
Section-C
Theory of Production Law of variable proportion total average and marginal physical productLaw of Returns to scale Economies and diseconomies of scale Theory of Cost Short and Longperiod costs Concept of total cost Marginal and Average cost Concept of revenue TotalRevenue Average Revenue Relationship between Average and Marginal Revenue and Priceelasticity of demand
Section-D
Pricing Under Various Market Conditions Perfect Competition - Equilibrium of Firm andIndustry under Perfect Competition Monopoly - Price determination under MonopolyMonopolistic Competition - Price and Output determination under Monopolistic Competition
Suggested Readings
1 Koutosoyiannis A ldquoModern Micro Economicsrdquo Palgrave Macmillan2 Dwivedi DNldquoMicroeconomics Theory and Applicationsrdquo Pearson Education New
Delhi3 Gravelle H and Rees R ldquoMicroeconomicsrdquo Pearson Education New Delhi4 Ahuja HL ldquoAdvanced Economic theory Microeconomic
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
28BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IICORPORATE FINANCETime 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Corporate Finance Statement of Cash Flows Discounted Cash Flow FinancialStatement Analysis Risk amp Return
Section-B
Capital Asset Pricing Model financial Markets Dividend Market Efficiency amp BehavioralFinance Interest Rates amp Bond Valuation
Section-C
Cost of Capital amp Valuation of Capital Finance for rehabilitation of sick unitsBasic problem of Industrial Finance in India
Section-D
Capital budgeting International Corporate finance Corporate Governance - SEBI Guidelines
REFERENCES
1 Brigham and Ehrhardt Corporate Finance - A focused Approach Cengage Learning
1st Edition 2008
2 MY Khan Indian Financial System Tata McGraw Hill 5th Edition 2008
3 Smart Megginson and Gitman Corporate Finance 1st Edition 2008
4 Krishnamurthy and Viswanathan Advanced Corporate Finance PHI Learning 2008
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
29BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-III EQUITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction Meaning and Definition of equity shares Evolution structure and functions ofequity market in India Current positionMarket For Equity ndash Primary Markets IPO ndash Methods followed Book building
Section-B
Role of merchant bankers in fixing the price Red-Herring Prospectus -itrsquos unique features GreenShoe option ndash Sweat equity ESOP Rights issue of shares Nonvoting shares ADR GDR IDRlatest reforms
Section-C
Market For Equity ndash Secondary Markets Definition and functions of Stock ExchangesEvolution and Growth of Stock Exchanges Organisation Management
Section-D
Membership and Listing procedure at NSE in India Trading on stock Exchange Clearing andsettlement procedure at NSE
Reference books1 Frontier Emerging Equity Markets Securities Price Behavior amp Valuation Oliver S Kratz
Kluwer Academic Publishers 19992 Charting the Stock Market Jack Huston David M Weiss amp Craig Schroeder USA Import
19913 A new look at Technical Analysis Robert McCullough USA Import 19944 Beyond Candlesticks Steve Nison John Wiley amp Sons1994
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
30BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-IV FIXED INCOME MARKET
Time 3 Hours M Marks 50Theory Marks 40
Practical Marks 10
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Bond Fundamentals Basic features of Bonds Global bond Market Structure Alternative Bond
issues
Analysis amp Valuation of Bonds Fundamentals of Bond Valuation Computing Bond Yields
Section-B
Calculating future Bond prices
Interest rates Determinants Term structure of interest rates term structure theories Detrmining
price volatility of bonds
Section-C
Bond Portfolio Management Strategies Alternative strategies Implications of capital market
theory and efficient market hypothesis on bond portfolio management Bond market in India
Section-D
An introduction to stochastic processes in continuous time Basic stochastic calculus
Continuous-time asset pricing
Reference Books
1 Stochastic Calculus for Finance II Continuous-Time Models S E ShreveSpringer2005 [S]
2 Fixed Income Analysis for the CFA Program F J Fabozzi F J Fabozziassociates2004 [F]
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
31BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VFUNDAMENTALS OF MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AManagement Meaning and definition Nature Purpose Scope Importance and FunctionsManagement as art science and profession Management as a social system Concept ofmanagement administration and organization Principles of management ScientificManagement Evolution of Management Thought Contribution of FW Taylor Henri FayolElton Mayo Chester Bar nard amp Peter Drucker to the management thought Various approachesto management (ie Schools of Management Thought) Indian management thought
Section-BManagement Techniques Management by Objective Meaning Process Benefits WeaknessesPlanning Meaning Significance Types of plans Nature Elements Objectives Policies RulesProcedure Strategy Decision Making Organizing Meaning Nature and Purpose oforganization Theories of organization principles of organization Forms of organization LineFunctional and Line and Staff Formal and informal organization Delegation Span ofManagement Factors determining effective span Departmentation Definition Departmentationby function Territory Productservice Customer group and matrix organizationDecentralization and Departmentation
Section-CAuthority Definition types responsibility and accountability Delegation definition steps indelegation obstacles to delegation and their elimination Decentralization vs Centralizationdeterminants of effective decentralization Staffing Meaning nature and functions of HRMManpower management factors affecting staffing Recruitment Selection Training andDevelopment Performance appraisal need and process
Section-DDirecting Motivation Meaning Nature Importance Types Theories of Motivation McGregorrsquos Maslow and Herzberg Leadership Meaning Nature Styles Managerial grid Likertsystem Theories Trait Behavioural Situational and Followers Controlling Meaning NatureImportance Scope Principles Prerequisities Steps Limitations and Techniques
Suggested Readings1 Robbins SP amp Coulter MK ldquoManagementrdquo Pearson Education Inc New Delhi2 Gupta Meenakshi ldquoPrinciples of Managementrdquo PHI Learning Pvt Ltd New Delhi3 Koontz H Weihrich H amp Aryasri AR ldquoEssentials of Managementrdquo Tata McGraw-
Hill New Delhi4 Aswathapa K ldquoEssential of Business Administrationrdquo Himalaya Publishing House
Mumbai Note The latest editions of the books should be followed
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
32BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VI COMPANY LAWS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Company ndash Meaning Features Types of company Formation of a Company Promotersincorporation of a company Procedure and documents to be filled Preliminary Contracts
Section-B
Memorandum of association Articles of association Prospects Shares amp Share Capital legalposition
Section-C
Company Management Director Appointment and restriction on appointment RemovalQualification Duties and Powers legal position and Remuneration of Directors
Section-D
Meeting of Shareholders Types Rules of Meetings Voting Resolutions and Minutes Windingup of a Company Modes of Winding up Commencement and Procedure of Winding up andConsequences of Winding up order
Suggested Readings
1 Singh Avtar ldquoCompany Lawrdquo 15th edition Eastern Book Company Lukhnow2 Kapoor ND ldquoCompany Law amp Secretarial Practicerdquo 1998 Sultan Chand and sons3 Bagrial AK ldquo Company Lawrdquo Vikas Publishing House New Delhi4 Ahuja HLldquoAdvanced Economic theory Microeconomic Analysisrdquo S Chand amp Company Ltd NewDelhi5 Mithani DM ldquoManagerial Economicsrdquo Himalaya Publishing House New Delhi6 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
33BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-III)
PAPER-VII FINANCIAL MARKET SIMULATION LAB ndashI (PRACTICAL)
M Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- ket
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Depositary An Introduction Practical aspects and background of Depositaries NSDL CSDL
Statements Holding Statement Transaction Statement Dematerialization Procedure DEMAT
Account Opening Procedure Nomination Practices Offline Demat Account amp Online Demat
Account Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary
Participants amp Beneficial Owner
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
34BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-I DERIVATIVE MANAGEMENT
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to derivatives Overview Types Participants and economic functions Investingwith derivative securities Forward contracts
Section-B
Future Contracts Overview mechanism Pricing and pay-offs Hedging amp applicationOption Contracts Overview mechanism Pricing and pay-offs Hedging amp application Optiontrading strategies
Section-CSwap Contracts amp WarrantsTrading in Stock derivatives amp Currency Derivatives
Section-D
Clearing and settlement of Derivative contracts at NSE Clearing Entities MechanismSettlement procedure risk management Margining system
Reference Books
1 Vohra ND and Bagri BR (2009) Futures and Options 9th edition Tata McGraw-HillPublishing Company Ltd34
2 Red Head (2007) Financial Derivatives An Introduction to Futures Forward OptionsPrentice Hall of India
3 Vohra (2010) Futures And Options 2nd edition Tata McGraw Hill
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
35BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-II COMMODITY MARKETS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Introduction to Commodity Derivatives Introduction to derivatives products participants andfunctions derivatives markets difference between commodity and financial derivativesEvolution of commodity exchanges global commodity derivatives exchanges latestdevelopments
Section-B
The NCDEX platform ndash Structure exchange membership risk management clearing andsettlement system and commodities traded on the NCDEX platform Application of CommodityFutures Instruments available for trading - Forward contracts Introduction to futures andoptions
Section-C
Trading - Futures trading system Entities in the trading system Commodity futures tradingcycle Order types and trading Parameters Margins for trading in futures Charges Hedgelimits
Section-D
Clearing and settlement - Clearing Settlement Risk management Margining at NCDEX andStandard Portfolio Analysis of Risk
Reference Books
1 Kleinman George (2001) Commodity Futures amp Options 2nd (revised illustratededition) Prentice Hall
2 Stephens John (2001) Managing Commodity Risk John Wiley amp Sons
3 Hirschey (2010) Investments Analysis and Behaviour 1st edition Tata McGraw Hill
4 Indian Institute of Banking amp Finance (2007) Commodity Derivatives Macmillan Inc
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
36BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-IIIMANAGERIAL ECONOMICS-II
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Macroeconomics Meaning nature and scope Basic concepts used Stock and flow variablesstatic comparative static and dynamic analysis National Income Definition and Importance ofNational Income Gross and Net Domestic Product Personal Income and Disposable Income
Section-B
Measurement of National Income Income Output and Expenditure Method Problems inMeasurement of National Income Consumption Meaning determinants (subjective andobjective) and importance Keynes psychological law of consumption
Section-C
Investment Types of investment determinants of investment marginal efficiency of capital netpresent value internal rate of return interest rate determination classical neoclassical andKeynesian theories
Section-D
Multiplier Static and Dynamic Analysis Accelerator and super multiplier Inflation Meaningtypes and theories
Suggested Readings
1 Ackley G ldquoMacroeconomics Theory and Policyrdquo Macmillan New York2 Shapiro E ldquoMacroeconomic Analysisrdquo Galgotia Publication New Delhi3 Gppdwin Neva J A Nelson amp J Harris ldquoMacroeconomics in Contextrdquo PHI Learining
Pvt Ltd New Delhi4 Dornbusch R S Ficher amp R Startz ldquoMacro Economicsrdquo Tata McGraw Hill Publishing
Company Ltd New Delhi5 Agarwal Vanita ldquoMacroeconomics Theory and Policyrdquo Pearson Education New Delhi
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
37BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-IV BUSINESS ETHICS
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Business Ethics Definition and nature Importance of business ethics Emerging businessethicsissues Business ethics in a global economy Environmental ethics Marketing ethicsCorporate ethics Ethical issues in HRM
Section-B
Ethical theories Ethical dilemmas Sources and their resolutions Individual factors Moralphilosophies Organizational factors The role of ethical culture and relationships Value basedorganizations
Section-C
Concept of Corporate Social Responsibility (CSR) Historical phases of CSR Perspectives onCSR CSR models Drivers of CSR
Section-D
CSR Within the organisation CSR and Society Corporate social responsibility practices inIndia
Suggested Readings
1 Roa FC ldquoBusiness Ethics and Social Responsibilityrdquo Rex Book Store ManilaPhilippines
2 Ghosh BN ldquoBusiness Ethics and Corporate governancerdquo Tata McGraw Hill
3 Bhatt K and Sumitha A ldquoBusiness Ethics and Corporate Social ResponsibilityrdquoHimalaya Publications
4 Hartman L and DesJardins J ldquoBusiness Ethics Decision-Making for PersonalIntegrity amp Social Responsibilityrdquo Tata McGraw Hill
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
38BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
PAPER-V Management of financial services and institutions
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-AIntroduction to financial Services Characteristics and Kinds of financial services Financialintermediaries rendering financial services Role of financial services in Indian financial systemMerchant Banking Origin Meaning Nature Functions Structure and Scope of merchantbanking Regulation of merchant banking Recent developments in merchant bankingMerchant banking regulation
Section-BCredit Rating Introduction Origin Importance and Need for Credit rating Factors affectingcredit rating Instruments for rating Advantages Disadvantages of credit rating Process ofcreditrating and Rating methodology Credit rating agencies in India-Crisil ICRA CARE
Section-CConsumer Finance Introduction Meaning and Concept Modes of consumer finance Role ofconsumer credit in the financial system Features of consumer credit transactions Types ofconsumer finance Procedure for granting finance amp terms of financing credit Factoring andForfeiting Asset securitisation of debt
Section-DDepository System and Dematerialisation Introduction SEBI guidelines for participantsCode of conduct for issuer Participants Dematerialization Rematerialion of shares Electronicsettlement of shares pledging hypothecation of dematerialized shares Freezing of demataccountsSuggested Readings1 Khan MY ldquoFinancial Servicesrdquo Tata McGraw Hill New Delhi2 Gurusamy S ldquoFinancial Services and Systemrdquo 2004 Vijay Nicole Imprints Pvt Ltd3 Chennai4 Bhalla VK ldquoManagement of Financial Servicesrdquo Anmol Publications Pvt Ltd New
Delhi5 Pathak Bharati ldquoIndian Financial Systemrdquo Pearson Education New Delhi6 Avadhani VA ldquoCapital Market Managementrdquo Himalaya Publishing House
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
39BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VI GLOBAL FINANCIAL MARKET
Time 3 Hours M Marks 50
Instructions for the Paper Setters- Eight questions of equal marks (Specified in the syllabus)are to be set two in each of the four Sections (A B C and D) Questions may be subdivided intoparts (not exceeding four) Candidates are required to attempt five questions selecting at leastone question from each Section The fifth question may be attempted from any Section
Section-A
Globalization and its Effects on the Economy International Financial Markets Emerging
Markets Diversification benefits in global investments Mergers and acquisitions
Section-B
Global bond market Domestic bonds foreign bonds and Euro bonds Participants in
global bond markets Credit rating agencies and their role
Section-C
Global equity markets major stock markets of the world Emerging trends International
Equity trading multiple listing Depository receipts
Section-D
Obstacles to International Investments Information barriers Foreign Exchange risks
currency risk political risk market risk taxation and other regulatory barriers
Suggested Readings
1 E Gordan amp K Natranjan Capital Market in India Himalaya Publishing House 400004Ramdoot Dr Bhalerao Marg Girgaon Mumbai
2 Sanjeev Aggarwal Guide to Indian Capital Market Bharat Law House 22 TarunEnclave Pitampura New delhi-110034
3 MY Khan Indian financial system Tata Mcgraw Hill 412 Asaf Ali road New Delhi110002 Taxmman SEBI Manual
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
40BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
APER-VIIFINANCIAL MARKET SIMULATION LAB-II (PRACTICAL)
Max Marks 50
Note The students will be trained in the practical aspects of Depositary and Financial Mar- key
topics using the prevalent trader work station mentioned in the syllabus At the end of the
semester external examiner will be appointed by the University to conduct the practical by
examining the students in the lab and award marks
Introduction to Equity Market Stock Exchanges of Equity in India NSE BSE amp USE Types of
Market- Equity Derivatives and Debt Market Trader Work StationmdashUser Interface Practical
terminology of Work Stations FunctionsKeys following in using Trader Work Station Market
Watch Activity Log Order Status Mar- ket Movement Security descriptor Market by Price
Practical Procedure to buySell Shares Settlement Procedures Composition of Sensex and Nifty
Note The Simulation Lab of the market will be based on any one of the following Trader
Work Station
1 Trader Work Stationmdash NEST Trader by Owneys
2 TCS Trader Work Station
3 ODIN
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
41BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
ESL 221 Environmental Studies (Compulsory Paper)
Time 3 Hrs Max Marks 100Teaching MethodologiesThe Core Module Syllabus for Environmental Studies includes class room teaching and fieldwork The syllabus is divided into 8 Units [Unit-1 to Unit-VII] covering 45 lectures + 5 hours forfield work [Unit-VIII] The first 7 Units will cover 45 lectures which are class room based toenhance knowledge skills and attitude to environment Unit-VIII comprises of 5 hours field workto be submitted by each candidate to the Teacher in-charge for evaluation latest by 15 December2018
Exam Pattern End Semester Examination- 75 marksProject ReportField Study- 25 marks [based on submitted report]Total Marks- 100
The structure of the question paper being
Part-A Short answer pattern with inbuilt choice ndash 25 marksAttempt any five questions out of seven distributed equally from Unit-1 to Unit-VIIEach question carries 5 marks Answer to each question should not exceed 2 pages
Part-B Essay type with inbuilt choice ndash 50 marksAttempt any five questions out of eight distributed equally from Unit-1 to Unit-VII Eachquestion carries 10 marks Answer to each question should not exceed 5 pagesProject Report Internal Assessment
Part-C Field work ndash 25 marks [Field work equal to 5 lecture hours]The candidate will submit a hand written field work report showing photographs sketchesobservations perspective of any topic related to Environment or Ecosystem The exhaustive listfor project reportarea of study are given just for reference
1 Visit to a local area to document environmental assets River Forest Grassland Hill Mountain Water body Pond Lake Solid Waste Disposal Water Treatment Plant Wastewater Treatment Facility etc
2 Visit to a local polluted site ndash Urban Rural Industrial Agricultural3 Study of common plants insects birds4 Study of tree in your areas with their botanical names and soil types5 Study of birds and their nesting habits6 Study of local pond in terms of wastewater inflow and water quality7 Study of industrial units in your area Name of industry type of industry Size (Large
Medium or small scale)8 Study of common disease in the village and basic data from community health centre9 Adopt any five young plants and photograph its growth10 Analyze the Total dissolved solids of ground water samples in your area11 Study of Particulate Matter (PM25 or PM10) data from Sameer website Download from
Play store12 Perspective on any field on Environmental Studies with secondary data taken from Central
Pollution Control Board State Pollution Control Board State Science amp TechnologyCouncil etc
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
42BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-IThe multidisciplinary nature of environmental studiesDefinition scope and importance Need for public awareness
(2 lectures)Unit-II
Natural Resources Renewable and non-renewable resourcesNatural resources and associated problems(a) Forest resources Use and over-exploitation deforestation case studies Timber extraction
mining dams and their effects on forests and tribal people(b) Water resources Use and over-utilization of surface and ground water floods drought
conflicts over water dams-benefits and problems(c) Mineral resources Use and exploitation environmental effects of extracting and using
mineral resources case studies(d) Food resources World food problems changes caused by agriculture and overgrazing
effects of modern agriculture fertilizer-pesticide problems water logging salinity casestudies
(e) Energy resources Growing energy needs renewable and non-renewable energy sources useof alternate energy sources case studies
(f) Land resources Land as a resource land degradation man induced landslides soil erosionand desertification
Role of an individual in conservation of natural resources Equitable use of resources for sustainable lifestyles
(8 Lectures)Unit-III
Ecosystems Concept of an ecosystem Structure and function of an ecosystem Producers consumers and decomposers Energy flow in the ecosystem Ecological succession Food chains food webs and ecological pyramids Introduction types characteristic features structure and function of the following
ecosystem Forest ecosystem Grassland ecosystem Desert ecosystem Aquaticecosystems (ponds streams lakes rivers ocean estuaries)
(6 Lectures)Unit-IV
Biodiversity and its conservation Introduction ndash Definition genetic species and ecosystem diversity Biogeographical classification of India Value of biodiversity consumptive use productive use social ethical aesthetic and
option values Biodiversity at global national and local levels India as a mega-diversity nation Hot-spots of biodiversity Threats to biodiversity habitat loss poaching of wildlife man wildlife conflicts Endangered and endemic species of India Conservation of biodiversity In-situ and Ex-situ conservation of biodiversity
(8 Lectures)Unit-V
Environmental PollutionDefinition
Causes effects and control measures of Air pollution Water pollution Soil pollutionMarine pollution Noise pollution Thermal pollution Nuclear pollution
Solid waste management Causes effects and control measures of urban and industrialwastes
Role of an individual in prevention of pollution Pollution case studies Disaster management floods earthquake cyclone and landslides
(8 Lectures)
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
43BACHELOR OF VOCATION (BVOC) (FINANCIAL MARKET AND SERVICES) (SEMESTER-IV)
Unit-VISocial Issues and the Environment
From unsustainable to sustainable development Urban problems and related to energy Water conservation rain water harvesting watershed management Resettlement and rehabilitation of people its problems and concerns Case studies Environmental ethics Issues and possible solutions Climate change global warming acid rain ozone layer depletion nuclear accidents and
holocaust Case studies Wasteland reclamation Consumerism and waste products Environmental Protection Act 1986 Air (Prevention and Control of Pollution) Act 1981 Water (Prevention and control of Pollution) Act 1974 Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness
(7 Lectures)Unit-VII
Human Population and the Environment Population growth variation among nations Population explosion ndash Family Welfare Programmes Environment and human health Human Rights Value Education HIV AIDS Women and Child Welfare Role of Information Technology in Environment and Human Health Case Studies
(6 Lectures)Unit-VIII
Field Work Visit to a local area to document environmental assets
riverforestgrasslandhillmountain Visit to a local polluted site ndash Urban Rural Industrial Agricultural Study of common plants insects birds Study of simple ecosystems-pond river hill slopes etc
(Field work equal to 5 lecture hours)References1 Bharucha E 2005 Textbook of Environmental Studies Universities Press Hyderabad2 Down to Earth Centre for Science and Environment New Delhi3 Heywood VH amp Waston RT 1995 Global Biodiversity Assessment Cambridge House
Delhi4 Joseph K amp Nagendran R 2004 Essentials of Environmental Studies Pearson Education
(Singapore) Pte Ltd Delhi5 Kaushik A amp Kaushik CP 2004 Perspective in Environmental Studies New Age
International (P) Ltd New Delhi6 Rajagopalan R 2011 Environmental Studies from Crisis to Cure Oxford University Press
New Delhi7 Sharma J P Sharma NK amp Yadav NS 2005 Comprehensive Environmental Studies
Laxmi Publications New Delhi8 Sharma P D 2009 Ecology and Environment Rastogi Publications Meerut9 State of Indiarsquos Environment 2018 by Centre for Sciences and Environment New Delhi10 Subramanian V 2002 A Text Book in Environmental Sciences Narosa Publishing House
New Delhi
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
44BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-I MONEY MARKET INSTRUMENTS AND OPERATIONS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money market ndash MeaningObjectives ampfunctions organization and structure
Money Market instruments CP Certificate of deposits Treasury bills Bankerrsquos AcceptanceRepurchase agreements money at call amp short notice Bills of Exchange
Various Participants and their Role in money market Influence of Monetary policy on MoneyMarkets
PARTndash II
Regulatory framework of the Indian Money Market Monetary and Credit Policy CBLOFeatures Issuing Procedure RBI Guidelines Progress and Problems Role of Central Bank inMoney MarketIndian money market ndash an overview defects and suggestions for improvementRole of Indian money market in Economic Development
Suggested Readings
1 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGraw-Hill New Delhi2 Hooda RP ldquoIndian Securities Markets- Investors View Pointrdquo 1998 Excell Books
New Delhi3 Mechiraju HR ldquoIndian Financial Systemrdquo 3rd edition (2009) Vikas Publishing House4 Khan MY ldquoIndian Financial System Theory and Practicesrdquo 4th edition (2004) Tata
McGraw Hill
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
45BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-II TREASURY MANAGEMENTTime 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IScope and Functions of Treasury Management What is a Treasury Management Structure andOrganization of Treasury Management Role of CFO Functions of a Controller Functions of aTreasurer Responsibilities of a Treasurer Financial Systems and Financial Markets Functionsof the Financial System Constituents of the Financial System Need for Various FinancialMarkets
PARTndash IIInternal Treasury Control Structure and Organization of Treasury Accounting and controlVarious Measures of Controls Insight into Information systems and Reporting StandardsMeasuring Treasury Performance Managing Customer and Investor Relationships ServicesRendered by Banks The Indian Banking Services Investor Relations Programs DisseminatingInformation Planning for contingencies Dealing with Hostile Press Funds Management inBanks Cash and Liquidity Management
Suggested Readings1 Analysis for Financial Management Robert c Higgins McGraw-HillIrwin2 Fundamentals of Financial Management James c v an Home Prentice Hall3 Practical Financial Management William R Lasher Thomson - South - Western4 An Introduction to Fund amp Investment Management in Banks R Bhaskaran BIRD
Lucknow5 The Treasurys Hand Book J P Morgan Fleming 6 2006 Foreign Exchange and Treasury
Management Handbook Euro Money Year Book
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
46BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-III MUTUAL FUNDS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash I
Introduction to Mutual Funds Meaning Role and Functions of mutual funds Types of fundsKey developments over the years Fund Structure and Constituents Legal structure of mutualfunds in India Key constituents of mutual funds Legal and Regulatory Environment Role ofregulators in India Investment restrictions for schemes Investorrsquos rights and obligations OfferDocument Contents of offer document Key information memorandum
PART ndash II
Fund Distribution and Channel Management Distribution channels Channel ManagementPractices Investor Services Mutual fund investors KYC requirements for mutual fundsinvestors Additional documentation requirements applicable for institutional investorsTransactions with mutual funds Return Risk and Performance of Funds Drivers of returns in ascheme Measures of return Drivers of risk on a scheme Measures of risk Scheme SelectionsDifferent scheme selection categories criterion to select a scheme Sources of data to trackmutual fund performance
Suggested Readings
1 Mobius Mark ldquoMutual Funds An Introduction to the Core Conceptsrdquo Wileycom
2 Shashikant Abraham and Bhhargava ldquoUnderstanding Mutual Fundsrdquo McGraw HillPublications
3 Tripathy ldquoMutual funds in Indiardquo Excel Books
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
47BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-IV MARKET ANALYSIS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part I
Fundamental Analysis Meaning amp SignificanceEconomic AnalysisMacro and Micro Market AnalysisIndustrial analysis Importance Characteristics of Industry Life cycle Determining Industrycompetitiveness Profit potentialof industryCompany AnalysisImportance SWOT analysis Analysis of financial statement analysis andsecurity valuation
Part IITechnical Analysis Introduction AssumptionsTheories DOWtheory Elliot Wave TheoryCharting Chart types Basic concept of trendTrend lines and use of volumePatterns Price patterns and candle stick patternsMajor Indicators and Oscillators Concept Importance Types and their Application
Suggested Readings
1 Fischer amp Jordan Security Analysis amp Portfolio Management2 VKBhalla World Economy in Ninetyrsquos ndashA Portfolio Approach3 ldquoInvestment Analysis and Managementrdquo by JCFrancis Publishers McGraw Hill New York
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
48BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VFINANCIAL MARKET OPERATIONS
Time 3 Hours M Marks 50Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash I
Money Market Indian Money Markets Composition Composition and Structure(a) Acceptance houses (b) Discount houses and (c) Call money market Recent trends in IndianMoney marketCapital Market Security marketndash (a) New Issue Market (b) Secondary market functionsandrole of stock exchange listing procedure and legal requirements Public issue pricingandmarketing Stock exchange ndash National Stock Exchange and over the Counter exchangersFunctionaries on Stock Exchanges Brokers Sub brokers Market makers Jobbers PortfolioConsultants Institutional Investors
PART ndash II
SEBI ndash Introduction Role Its powers Objectives Scope amp FunctionsInvestors Protection Grievances concerning stock exchange and dealings and theirremovalgrievance cell in stock exchange SEBI Company law Board Press remedy throughcourtsRole Policy measures relating to Development Financial Institution in IndiaDepositories Act 1996 Definitions Rights and Obligations of Depositories ParticipantsIssuersand Beneficial Owners Inquiry and Inspections Penalty
Suggested Readings1 Chandler LV and Goldfield SM ldquoEconomics of Money and Bankingrdquo 1977 Harper ampRow Publishers New York2 Gupta S B ldquoMonetary Planning for Indiardquo 1995 Oxford University Press Delhi3 Gupta Sural B ldquoMonetary Economics Institutions Theory amp Policyrdquo 1983S Chand amp Co New Delhi4 Bhole LM ldquoFinancial Institutions and Marketsrdquo 2009 Tata McGrawndashHill New Delhi5 Hooda RPrdquo Indian Securities Marketsndash Investors View Pointrdquo 1998 Excell Books
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
49BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VI MARKET RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashAIntroduction to Risk Management Elements of Uncertainty Sources of Risk Types of RiskImplications of Various Risks for Firm and Limitations of Risk Management Corporate RiskManagement Evolution of Risk Management Approaches to Risk Management RiskManagement Process Tools - Hedging Forewords and Futures Options and Swaps andHybrids Introduction to Derivatives Historical perspective Mechanics of Derivative marketsthe Role of Clearinghouses Players and Trading Techniques
PARTndash BFutures The Fundamentals of Futures Contract Overview Types of Futures Mechanics ofFuture Trading Major Characteristics Trading Process Price Quotation Hedging andSpeculation with Commodity Futures Interest Rate Futures Currency Futures and Stock IndexFutures Optimal Hedge Ratio Options Overview Generic Options Factors Affecting OptionPrices Types of Option-Interest Rate Options Currency Options and Trading Strategies OptionPricing Models Swaps Evolution of Swap Market Swap Terminology and Structures ofStandard Coupon and Currency Swaps Motivations Underlying Swaps Types of swapsMechanics of Swap Transactions Valuation and Application of SwapsValue at Risk Conceptand Applications Computing value at Risk for Forex Common SharesStocksFixed IncomeSecurities
Suggested Readings1 Alexander Carol ldquoMarket Risk Analysis Value at Risk Models Sultan Chand amp Sons New
Delhi2 Penza Pietro and Bansal Vipul K ldquoMeasuring Market Risk with Value at Riskrdquo Wiley
Publications3 Dowd Kevin ldquoAn Introduction to Market Risk Measurementrdquo Wiley Publications 4 Hull
John C ldquo Risk Management and Financial Institutionsrdquo Pearson Publications
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
50BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-V)
PAPER-VII DIRECT TAX LAWS
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndashI
Income Tax Act 1961 Basic Introduction Brief history of Income Tax in India Assessmentyear Previous year Assesse Person Agricultural Income with examples Residential status andTax Liability Exempted Income Income Tax Act 1961 Heads of Income Computation ofIncome from Salary HouseProperty Business and Profession Deductions from gross totalincome
PARTndashII
Short term and long term capital gains income from other sources Clubbing of income and set-off amp carry forward of losses Tax Deduction at Source Advance payment of Tax Penalties andoffences Assessment of individuals and firmsE-Filling of Tax
Suggested Readings
1 Singhania VK ldquoDirect Taxesrdquo 2013 Taxmann Publications New Delhi2 Lal BB and Vashisht N ldquoDirect Taxesrdquo 2012 Pearson Education New Delhi3 Gaur VP and Narang DB ldquoIncome Tax Law and Practicerdquo 2013 Kalyani
PublicationsNew Delhi4 Chandra M Goyal SP and Shukla DC ldquoIncome Tax Law and Practicerdquo Pragati
Prakashan New Delhi
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
51BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-I ONLINE TRADING SIMULATION LAB
Time 3 Hours Marks 50Practical 50
Note The students will be trained in the practical aspects of trading online of financial
market operations At the end of the semester external examiner will be appointed
by the University to conduct the practical by examining the students in the lab and
award marks
Meaning of financial market Types of traders Types of trade Brokerage calculation
Depositary An Introduction Practical aspects and background of Depositaries NSDL CDSL
Statements Holding Statement Transaction Statement
Dematerialization Procedure
DEMAT Account Opening Procedure Nomination Practices Off line Demat Account amp Online
Demat Account
Clearing amp Settlement Procedure Delivery Instruction Slip Practices for Depositary Participants
amp Beneficial Owner
Trader Work station User Interface Practical terminology and operation of work stations
Trading on stock exchange Online trading Internet trading
Understanding Composition of Sensex Nifty and Sectoral indices
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
52BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IIMARKETING OF FINANCIAL SERVICES
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part-I
Meaning Marketing financial services Difference between Services and product The changingenvironment of financial services Services marketing mixFinancial Product Mix strategy Product research amp developmentTest marketing of financialproducts Product life cycle Product modification DiversificationPackaging and branding offinancial productsPricing of Financial Products and Services ObjectivesStrategies and Methods Factorsinfluencing the pricing decisions Importance of pricing
Part-II
Distribution Meaning types of channels Functions of distribution channelsChannel managementPromotion of Financial Services Promotion mix and role of promotion in marketingMarketing Information Systems Tele marketingMobile Phone bankingMarketing of Allied services Mutual funds credit cards housing finance personal loansfactoring services Quality issues in financial services
Suggested Readings1 Avadhani VA ldquoMarketing of Financial Servicesrdquo 1999 Himalaya Publication House2 Suri RK ldquoServices Managementrdquo 2005 Himalaya Publication3 Jha SM ldquoBank Marketingrdquo 2003 Himalaya Publication4 Arora Sangeeta ldquoMarketing of Financial Servicesrdquo 2005 Deep and Deep Publications5 Madhukar RK ldquoDynamics of Bank Marketingrdquo VBS publishers
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
53BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-III PORTFOLIO MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PART ndash IIntroduction to Portfolio Management The Investment process Definition of investmentsinvestment categoriesCapital Market Theory The capital Asset Pricing Model Security market line Applicationsofthe security Market Line Pricing Model ndash Arbitrage Pricing TheoryPortfolio Analysis Diversification Portfolio Risk and Return ndash Markowitz RiskndashreturnOptimization ndash Portfolio Beta ndash Generating the Efficient Frontier
PART ndash IIPortfolio Selection Defining investment objectives Risk and investor preferencesInvestmentconstraintsEquity portfolio Management Strategies Efficient market hypothesis Passive vsactivemanagement strategies Types of passive portfolios Index FundsBond Portfolio Management Strategies Passive strategy Duration shift and immunizationSemindashactive strategy active strategiesManaged Portfolios and Performance Measurement Classification of managedportfoliosMarket timing issues in risk adjusted performance measures ndash Sharpersquos ndash Treynorrsquos ndashJensenrsquosperformance measure for portfolios
Suggested Readings1 Fischer DE and Jordon R J ldquoSecurity Analysis and Portfolio Managementrdquo Prenticendash
Hall India2 Sharpe A ldquoInvestment Analysis and Managementrdquo 5th Edition Bailey ndash Prentice HallIndia3 Hirt GA ldquoFundamentals of Investmentrdquo IrwinMcGrawndashHill4 Yasaswy NJ ldquoStock Market Analysis for Intelligent Investorsrdquo Vision Books
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
54BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-IV STRATEGIC MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marksSection B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marksSection C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part IIntroductionUnderstanding Strategy and Strategic Management Strategic ManagementProcessStrategic Decision Making Levels of Strategy Benefits of Strategic ManagementThe Secret of Success of Successful Companies(Mckinseyrsquos 7 S model)Defining Strategic Intent Vision Mission Goals and Objectives Characteristics of aGood Mission Statement Designing and Evaluating a Mission StatementBusiness Level Strategies ndash Porterrsquos Framework of Competitive Strategies CostLeadershipDifferentiation and Focused StrategiesCorporate Level Strategies ndash Growth Strategies ndash Horizontal and VerticalIntegration Strategic Outsourcing Related and Un-related DiversificationInternational Entry Options Harvesting and Retrenchment Strategies
Part IIMulti Business Strategies Portfolio Strategies ndash BCG Model G E Business Planning MatrixProduct Life Cycle Matrix Corporate ParentingStrategy Implementationndash Strategy- Structure Fit Developing and ModifyingOrganizationalStructureStrategy Evaluation and Control ndash Nature of Strategy Evaluation Strategy EvaluationFramework The Balanced Score Card
Suggested Readings1 Pearce III John A Robinson Jr Richard B and Mittal A ldquoStrategic
ManagementFormulation Implementation and Control Tata McGraw Hill2 Wheelen Thomas L Hungerdavid J and Rangarajan Krish ldquoConcepts in
StrategicManagement and Business Policyrdquo Pearson Education India3 David R Fred ldquoStrategic Management- Concepts and Casesrdquo Pearson Education India4 Hill Charles W L and Jones Gareth R ldquoAn Integarated Approach to Strategic
Managementrdquo Cengage Learning
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
55BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-V FINANCIAL RISK MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IIntroduction to Risk Management - Managing Risk Types of Business Risk Introduction toFinancial Risk Meaning of Derivatives its Products Classification Participants FunctionsEvolution of Derivatives Misuse and Criticism of derivatives Forward and Futures- ForwardContract Its features Settlement of forward contract The Fundamentals of Future Contract ItsCharacteristics its types and Mechanism of Future Trading Hedging and Speculation withCommodity Futures Interest Rate Futures Currencyfutures Stock Index Futures OptimalHedge Ratio
Part ndash IIForeign Exchange System - Foreign Exchange Mechanism Bretton Wood SystemAlternatives
Exchange Rates International Monetary Fund (IMF) Introduction to Spot and Forward MarketDetermination of foreign exchange rate Alternate Measures of Foreign Exchange ExposureRisk Hedging Measuring and Managing Transaction Exposure Measuring andManagingOperating Exposure
Suggested Readings1 Risk Management amp Insurance 8e C Arthur Williams Michael Smith Peter Young -
McGraw Hill2 Foreign Exchange International Finance amp Risk Management A V Rajwade ndashAcademic
of Business Studies3 Introduction to Futures amp Options John C Hull4 Options and Futures David A Dubufsky - McGraw-Hill5 Futures and Options Franklin R Edwards amp Cindy W Ma - McGraw-Hill6 Financial Derivatives Keith Redhed - Prentice Hall India
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
56BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VI FINANCIAL PLANNING amp WEALTH MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
PARTndash IFinancial Planning Background Role of Financial Planner Financial Planning ProcessObjectives of Financial Planning capitalization in Finance- overunder fair watered capitalover trading and under trading
PARTndash II
Wealth management Meaning Scope Components Process Needs amp Expectation ofClientsCode of Ethics for Wealth Manager Life Cycle Management Offshore and onshorewealth management Financial decisions regarding financing and dividendInvestmentmanagement Investment strategiesSuggested Readings1 Chandrara Prasanna Financial Management Tata McGraw Hill Delhi2 Hampton John Financial Decision Making Prentice Hall Delhi3 Pandey IM Financial Management Vikas Publishing House Delhi4 Van Horne JG and JM Wachowicz Jr Fundamentals of Financial Management Prentice-Hall Delhi5 Van Horne James G Financial Management and Policy Prentice Hall Delhi6 PinchesGeorge E Essentials of Financial Management Harper and Row New York
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I
57BACHELOR OF VOCATION (BVOC) FINANCIAL MARKET amp SERVICES (SEMESTER-VI)
PAPER-VII ENTREPRENEUR SHIP DEVELOPMENT AND PROJECT MANAGEMENT
Time 3 Hours M Marks 50
Note The question paper covering the entire course shall be divided into three sectionsSectionA It will have question No1 consisting of 12 very short answer questions from the entiresyllabus with answer to each question up to five lines in length Students will attempt 10questions Each question will carry one mark the total weightage being 10 marks
Section B It will consist of essay typenumerical questions up to five pages in length Fourquestions numbering 2 3 4 and 5 will be set by the examiner from Part-I of the syllabus Thecandidates will be required to attempt any two questions Each question will carry 10 marks Thetotal weightage of this section shall be 20 marks
Section C It will consist of essay typenumerical questions with answer to each question up tofive pages in length Four questions numbering 678 and 9 will be set by the examiner from Part-II of the syllabus The candidates will be required to attempt any two questions Each questionwill carry 10 marks The total weightage of the section shall be 20 marks
Part ndash IEntrepreneurship Concepts Traits types characteristics classification and types natureandfunctions Theory of Entrepreneurship Entrepreneurship Developing corporateentrepreneurship Understanding Entrepreneurship perspective Entrepreneurship motivationDevelopingCreativity and Understanding Innovation Ethics and Social Responsibility ofanEntrepreneur Entrepreneurial Skills Role of Entrepreneurship in EconomicDevelopmentEntrepreneurial Decision Process
Part - IIProject Management Concept Generation and screening of project ideas SourcesandMethods Feasibility Study Managing Risk in Project Network Technique forProjectManagement Time and Cost OverrunMarket and Demand Analysis Technical AnalysisFinancial Analysis Local CostBenefit Analysis Developing an Effective Business Plan
Suggested Readings
1 Hisrich Robert D and Peters Michael P Entrepreneurship Delhi Tata McGraw Hill 20022 Holt David H Entrepreneurship New Venture Creation Delhi Prentice Hall of India 20013 Cliffton Davis S and Syflie David E ldquoProject Feasibility Analysisrdquo 1977 John Wiley
New York4 Chandra Prasanna Projects Preparation Appraisal Budgeting and I