Semester – III – Vipul Prakashan : Educational Book Publisher

Portfolio Management (F)

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SYLLABUS

No.	Modules / Units
1	Introduction to portfolio management
	• Investment process, Investment categories, defining investment goals and objectives, Investment constraints. • Process of asset allocation, different approaches to allocation decision, overview of allocation techniques.
2	Portfolio Management Strategies:
	• Active strategy, passive strategy, semi active strategy, duration shift and immunization, efficient market hypotheses, top down and bottoms up.
3	Portfolio Analysis:
	• Analysis: Diversification, portfolio risk and return, single index model, The sharpe index model, Portfolio Beta. • Selection: Markowitz Risk- Return optimization, concept of utility, Sharpe optimization model, Geometric mean model, Safety First model, Stochastic Dominance Model.
4	Portfolio Revision and performance management:
	• Revision: Portfolio rebalancing, portfolio upgrading, Formula plans, constant ratio plan, variable ratio plan, selection and revision of equity portfolio • Performance measurement: Methods of calculating rate of return, Money weighted rate of return, Time weighted rate of return, Linked internal rate of return, Buying the index approach, Sharpe’s- Treynor’s – Jensen’s performance measure of portfolio

Portfolio Management

Admin — Tue, 17 Jun 2025 14:54:52 +0000

SYBFM -- SEMESTER - III

Author: P. K. Bandgar

Darshak Doshi

FIRST EDITION

Treasury Management

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SYLLABUS

No.	Modules / Units
1	Understanding Treasury Management:
	¨ Treasury: its evolution, importance, ideal treasury department, front office, mid office and back office. Theories of treasury management. Functions of treasury management. Liquidity management in treasuries. Banking relationship. Credit management. Treasury objectives and approaches.
2	Classification of Treasury Markets and Treasury Services:
	¨ Domestic or national treasury market and Forex or international treasury. Features, products, dimensions, ideal ticket size, regulatory framework ¨ Treasury services: Bank Treasury, Government treasury and corporate treasury.
3	Cross Currency Forwards, Present and Future Value:
	¨ Calculation of premium, discount etc., pre utilization of contracts. Exchange rate movement – volatility of major currencies. Exchange rate and interest rate arbitrage. NDF Markets. Cross currency futures. FEDAI guidelines for merchant quotes.
4	Treasury Risk Management:
	¨ Treasury risk management policy, control and reporting requirements, open position- day end, day light and overnight position limits-limit orders with other banks, mismatch of positions-gap limits, individual and aggregate, stop loss limits, VAR and capital positions, developing risk framework for organization.

Computer Skills – II

Admin — Tue, 17 Jun 2025 14:54:51 +0000

SYLLABUS

Unit	Content
1	Advanced Spreadsheet:
	Pivot, Advanced formulae, Lookups, Macros, Working with other programmes, Inserting a spreadsheet sheet in word document, modifying an inserted spreadsheet, Inserting a linked chart in a Word Document, Inserting graphic in a spreadsheet.
2	Data Based Management Systems:
	Concepts, Tables, Fields, Datatypes. RDBMS. Primary Key, Foreign Key.
3	Modern E Business Software Systems:
	Introduction: Enterprise Resource Planning – ERP. Supply chain Management – SCM. Customer Relationship Management – CRM. Sales Force Automation – SFA.
4	Other emerging technologies:
	Online trading software. Net-banking. Online banking software.

Computer Skills – II

Admin — Tue, 17 Jun 2025 14:54:51 +0000

SYLLABUS

Unit	Content
1	Advanced Spreadsheet:
	Pivot, Advanced formulae, Lookups, Macros, Working with other programmes, Inserting a spreadsheet sheet in word document, modifying an inserted spreadsheet, Inserting a linked chart in a Word Document, Inserting graphic in a spreadsheet.
2	Data Based Management Systems:
	Concepts, Tables, Fields, Datatypes. RDBMS. Primary Key, Foreign Key.
3	Modern E Business Software Systems:
	Introduction: Enterprise Resource Planning – ERP. Supply chain Management – SCM. Customer Relationship Management – CRM. Sales Force Automation – SFA.
4	Other emerging technologies:
	Online trading software. Net-banking. Online banking software.

Business Law – I

Admin — Tue, 17 Jun 2025 14:54:51 +0000

SYLLABUS

No.	Modules/ Units
1	Indian Contract Act 1872
	• Definitions (S.2): Agreement, kinds of Agreements, Contract- kinds of contracts: Valid, Void, Voidable, Contingent and Quasi Contract and Econtract, distinguish between Agreement and Contract. • Offer or Proposal: definition, Essentials of Valid proposal or offer, counter offer, Standing or open offer, distinguish between offer and invitation to offer, Acceptance-definition, Essentials of a valid acceptance, Promise. Communication of Offer and acceptance and Revocation. • Capacity to contract (Ss.10-12), Consent and Free Consent (Ss.13-22) • Consideration (S.2 and 25) and Void Agreements (Ss.24-30)
2	Special contracts
	• Law of Indemnity and Guarantee (Ss.124-125, Ss-126-129,132-147) • Law of Bailment and pledge (Ss. (Secs. 148, 152-154, 162, 172, 178, 178A and 179) • Law of Agency (S. 182-185 & 201-209 only)
3	The Sale of Goods Act 1930
	• Introduction, Definitions (Sec. 2), Formalities of the contract of sale (Ss. 4-10), Distinction between ‘sale’ and ‘agreement of sell, Distinction between ‘sale and hire-purchase agreement’ Conditions and Warranties (11-17) • Transfer of property as between the seller and the buyer (S. 18-26) • Rights of an unpaid seller (Secs. 45-54)
4	Negotiable instruments Act 1881
	• Meaning and Characteristics of Negotiable Instrument, Operational Rules of • Evidence – Presumptions, classification of Negotiable Instruments. Promissory Notes and Bills of Exchange(Ss. 4,5,108-116) Essential elements of Promissory Note and Bill of Exchange, distinguish between Promissory note and Bill of Exchange. Acceptor and Acceptance, • Definition of Acceptor, Acceptance for honour, Absolute and qualified or conditional acceptance, Drawer, Drawee in case of Need (Ss.7,115 & 116) Payee, Cheques, Types of Cheque and Penalties in case of dishonour of certain cheques, distinguish between cheque and Bill of exchange, (Secs: 6,123- 131A,138-147) • Miscellaneous Provisions: (Secs: 8-10, 22, 99-102, 118-122, 134-137) Holder (S. 8), Holder in Due Course (S. 9), Rights and privileges of H.D.C. Payment in due course (S. 10), Maturity of an Instrument (S. 22), Noting (S. 99), Protest (S. 100-102). Bills in Set. (Sec. 13)

Business Law – I

Admin — Tue, 17 Jun 2025 14:54:51 +0000

SYLLABUS

No.	Modules/ Units
1	Indian Contract Act 1872
	• Definitions (S.2): Agreement, kinds of Agreements, Contract- kinds of contracts: Valid, Void, Voidable, Contingent and Quasi Contract and Econtract, distinguish between Agreement and Contract. • Offer or Proposal: definition, Essentials of Valid proposal or offer, counter offer, Standing or open offer, distinguish between offer and invitation to offer, Acceptance-definition, Essentials of a valid acceptance, Promise. Communication of Offer and acceptance and Revocation. • Capacity to contract (Ss.10-12), Consent and Free Consent (Ss.13-22) • Consideration (S.2 and 25) and Void Agreements (Ss.24-30)
2	Special contracts
	• Law of Indemnity and Guarantee (Ss.124-125, Ss-126-129,132-147) • Law of Bailment and pledge (Ss. (Secs. 148, 152-154, 162, 172, 178, 178A and 179) • Law of Agency (S. 182-185 & 201-209 only)
3	The Sale of Goods Act 1930
	• Introduction, Definitions (Sec. 2), Formalities of the contract of sale (Ss. 4-10), Distinction between ‘sale’ and ‘agreement of sell, Distinction between ‘sale and hire-purchase agreement’ Conditions and Warranties (11-17) • Transfer of property as between the seller and the buyer (S. 18-26) • Rights of an unpaid seller (Secs. 45-54)
4	Negotiable instruments Act 1881
	• Meaning and Characteristics of Negotiable Instrument, Operational Rules of • Evidence – Presumptions, classification of Negotiable Instruments. Promissory Notes and Bills of Exchange(Ss. 4,5,108-116) Essential elements of Promissory Note and Bill of Exchange, distinguish between Promissory note and Bill of Exchange. Acceptor and Acceptance, • Definition of Acceptor, Acceptance for honour, Absolute and qualified or conditional acceptance, Drawer, Drawee in case of Need (Ss.7,115 & 116) Payee, Cheques, Types of Cheque and Penalties in case of dishonour of certain cheques, distinguish between cheque and Bill of exchange, (Secs: 6,123- 131A,138-147) • Miscellaneous Provisions: (Secs: 8-10, 22, 99-102, 118-122, 134-137) Holder (S. 8), Holder in Due Course (S. 9), Rights and privileges of H.D.C. Payment in due course (S. 10), Maturity of an Instrument (S. 22), Noting (S. 99), Protest (S. 100-102). Bills in Set. (Sec. 13)

Money Market (FC – III)

Admin — Tue, 17 Jun 2025 14:54:51 +0000

SYLLABUS

No.	Modules / Units
1	Introduction to Money Markets:
	¨ Meaning of Money Market, Features of Money Market, Importance of Money Market, Role of Primary Dealers in Money Market, Development of Trade and Industry, Development of Capital Market. Smooth Functioning of Commercial Banks. Effective Central Bank Control. Formulation of Suitable Monetary Policy. Source of Finance to Government.
2	Regulatory Framework of Money Markets:
	¨ Regulatory Framework of RBI, FIMMDA (Fixed Income, Money Market and Derivatives Association) and Foreign Exchange Dealers Association of India (FEDAI), conDS, NDS-OM.
3	Money Market Instruments:
	¨ Conventional: Treasury Bills, Money at Call and Short Notice in the Call Loan Market, Commercial Bills, Promissory Notes in the Bill Market. ¨ Modern: Commercial Papers, Certificate of Deposit, Inter-bank Participation Certificates, Repo Instrument, Banker’s Acceptance.
	¨ Money Market Mutual Fund: Meaning, Advantages and Disadvantages, Regulatory Framework for Money Market Mutual Funds, various Money Market Funds Operational in Indian Market.
4	Recent Developments in Money Market:
	¨ Integration of Unorganised Sector with the Organised Sector, Widening of Call Money Market, Introduction of Innovative Instrument, Offering of Market Rates of Interest, Promotion of Bill Culture, Entry of Money Market Mutual Funds, Setting up of Credit Rating Agencies, Adoption of Suitable Monetary Policy, Establishment of DFHI, Setting up of Security Trading Corporation of India Ltd. (STCI).

Contemporary Issues (FC – III)

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SYBFM -- SEMESTER - III

Author: Baishakhi Dutta

Shirisha Gupte

Priti Thakkar

Harini C.

Debt Markets – I

Admin — Tue, 17 Jun 2025 14:54:51 +0000

SYLLABUS

No.	Modules / Units
1	Introduction to Debt Markets:
	• Evolution of Debt Markets in India. • Primary Market and Secondary Market. • Money Market and Debt Market in India. • Fundamental Features of Debt Instruments. • Regulatory Framework in the Indian Debt Market.
2	Instruments and Players in Debt Markets:
	• Central Government Securities: Bonds, T-bills, State Government Bonds. • Open Market Operations. • Securities Trading Corporation of India. • Primary Dealers in Government Securities. • Clearing Corporation of India.
3	Bonds:
	• Features of Bonds. • Types of Bonds. • Issuers of Bonds. • Bond Ratings – Importance and Relevance and Rating Agencies.
4	Valuation of Bonds:
	• Determinants of the Value of Bonds. • Bond Mathematics. • Yield Curve Analysis.