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58
FACULTY OF ECONOMICS & BUSINESS Syllabus For BACHELOR OF VOCATION (B.Voc.) FINANCIAL MARKET & SERVICES (Semester: I - IV) Session: 2019-20 GURUNANAKDEVUNIVERSITY AMRITSAR Note: (i) Copy rights are reserved. Nobody is allowed to print it in any form. Defaulters will be prosecuted. (ii) Subject to change in the syllabi at any time. Please visit the University website time to time.

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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