MBFM_Handout
MBFM_Handout
Pilani Campus
AUGS/ AGSR Division
In addition to part I (General Handout for all courses appended to the Time table) this portion gives further specific
details regarding the course.
Course No. : ECON F312
Course Title : Money, Banking and Financial Markets
Instructor-in-charge : ARUN KUMAR GIRI
Tutorial Instructor : Karambir Singh Dhayal
1. Course Description:
Money and its functions; money market; foreign exchange market; financial market; financial derivatives; the
banking firm; non-banking financial institutions; Indian banking; monetary transmission mechanisms; money
and inflation; central banking; determinants of money supply; tools, goals and targets of monetary policy;
international monetary and financial system.
2. Scope & Objective of the Course:
To study the mechanisms of debt market and role played by interest rate
To study the dynamics and money market and stock market
To explore the structure of financial system and understand the reasons financial crisis
To understand the role of central banks and commercial banks in regulation money supply in the economy.
To discuss the role of central banks in the conduct of monetary policy
To study the foreign exchange rate dynamics and foreign exchange risk
To discuss the risk management techniques for financial institutions.
3. Text Book:
Mishkin, Frederic S, Stanley G Eakins, T Jayakumar and R.K. Pattnaik, “Financial Markets and Institutions, Pearson
Education, Eighth Edition, 2017.
4. Reference Books:
R1. Paul Jastin and Padmalatha Suresh, “Management of Banking and Financial Services”, Pearson Education, Third
Edition, 2014.
R2. Mishkin Frederic S, “The Economics of Money, Banking and Financial Markets”, Pearson Education (AW),
Seventh Edition, 2004.
R3. H.J. Johnson, Financial Institutions & Markets: A Global Perspective; McGraw Hill, 1993 (Int. edition.)
5. Learning Outcomes:
Identify the implications, risks, and opportunities of global markets.
Acquire and demonstrate analytical and problem solving skills within money, banking, and financial market.
Assess how monetary activities affect an economy.
Describe the structure of financial markets, the factors that shape them, and how they are regulated.
Explain the role of financial markets in the economy.
Explain the basic purposes of the monetary and financial systems.
Identify the markets for stocks, bonds, derivatives, and currencies.
Explain the roles of banks and other financial intermediaries.
Analyze how the central bank affects the economy.
Assess how a financial crisis happens and how policymakers should respond
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BIRLA INSTITUTE OF TECHNOLOGY AND SCIENCE, Pilani
Pilani Campus
AUGS/ AGSR Division
6. Course Plan:
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BIRLA INSTITUTE OF TECHNOLOGY AND SCIENCE, Pilani
Pilani Campus
AUGS/ AGSR Division
7. Evaluation Scheme:
Component Duration Weightage (%) Date Nature of component
(Mins) (Close Book/ Open Book)
Mid Semester Test 90 30 11/10 (FN1) Closed Book
Continuous Evaluation -- 25 Continuous Closed Book
Comprehensive Exam 120 45 11/12 (FN) Partly OB
9. Notices
For course-related announcements, please check your email regularly. All the information will also be
communicated during the class.
11. Note
Evaluative components will be conducted during scheduled hours as specified. Changes, if any, will be
communicated well in advance. Please quote your ID number and name before requesting anything related to
the course. Students must write correct ID numbers, in all the evaluative components, failing which their
answer sheets will not be evaluated.
Instructor-in-charge
ECON F312