Fundamentals of Banking and Insurance

By Dr. Girija Shankar | Savitribai Phule Pune University

Learners enrolled: 2307

On completion of the course, students-

Will be equipped with an understanding of the rudimentary aspects of Banking and Insurance
Will be able to engage with one of the fastest growing sectors of the economy
Will kindle interest towards a deeper understanding of Banking and Insurance
Will enable skill enhancement
Will be able to explore various job opportunities

Banking and Insurance are two sectors which are fast evolving and witnessing a transformational change. Banks are the backbone of all activities, because every transaction where money is involved, the bank is the main character. Insurance business is one of the prominent financial services in modern times. Keeping these aspects in mind, this Course in Fundamentals in Banking and Insurance has been designed to train students in basic concepts of Banking and Insurance. The Course has incorporated the significant changes that have taken place in the global financial architecture and the new products and technology that have invaded this sector. This course has made an attempt to offer to students a fundamental tool which will enhance their understanding of various businesses in the world economy.

Summary

Course Status :	Completed
Course Type :	Core
Duration :	6 weeks
Category :	Management Studies
Credit Points :	2
Level :	Undergraduate
Start Date :	30 Jan 2023
End Date :	30 Apr 2023
Enrollment Ends :	15 Mar 2023
Exam Date :

Page Visits

Course layout

Week 01 : Introduction to Banking and Insurance

Week 02 : Deposit Accounts

Week 03 : Lending Principles and Negotiable Instruments

Week 04 : Technology in Banks

Week 05 : Introduction to Insurance

Week 06 : Insurance in the Contemporary Context

Books and references

Tannan's Banking Law and Practice in India - M L Tannan, 23rd Edition, 2010, Lexiz Nexis Butterworths Wadhwa, Nagpur
Electronic and Internet Banking - C. N. Reddy, 2008, Pearl Books, New Delhi
Digital Bank - Strategies to Launch or Become a Digital Bank, Chris Skinner, 2017, Embassy Books, Mumbai
Banking Products and Services, Indian Institute of Banking & Finance - 2nd Edition, 2007, Taxmann Publications (Pvt.) Ltd., New Delhi
Handbook of Banking Information - N. S. Toor, 25th Edition, 2007, Skylark Publication, New Delhi
Introduction to Banking - Vijayaragavan Iyengar, 2007, Excel Books, New Delhi
Banking Law and Practice - P. N. Varshney, 22nd Edition, 2007, Sultan Chand & Sons, New Delhi
Marketing in Banks - Concepts and Approaches, G Gopala Krishna Murthy, 2007, The Icfai University Press, Hyderabad
Money Banking Trade and Public Finance - M C Vaish, 3rd Edition, 1996, New Age International (P) Ltd., New Delhi
Law of Banking - Dr. S. R. Myneni, 2011, Asia Law House, Hyderabad
Indian Banking - R. Parameswaran, S. Natarajan, 1st Edition, 2001, S. Chand & Company Ltd. New Delhi
Insurance - Principles Practice - M. N. Mishra, 1999, S. Chand & Company Ltd. New Delhi
Fundamentals of Banking - Dr. Rita S. Swami, 2014, Narendra Prakashan, Pune
Insurance - Principles and Performance - Dr. Harish M. Chandarana, 2009, Paradise Publishers, Jaipur
Fundamentals of Risk and Insurance - Emmett J. Vaughan, Therese Vaughan, 9th Edition, 2010, Choudhary Press, New Delhi
Elements of Insurance - W. A. Dinsdale, 2nd Edition, 1954, London Sir Isaac Pitman & Songs, Ltd.
Insurance - Fundamentals, Environment and Procedures - B. S. Bodla, M. C. Garg, K. P. Singh, 2003, Deep & Deep Publications Pvt. Ltd
Insurance Industry in India - Features, Reforms and Outlook - Uma Narang, 2013, New Century Publications, New Delhi.

Instructor bio

Dr. Girija Shankar

Savitribai Phule Pune University

Dr. Girija Shankar

Adjunct Professor, Dept of Economics, Faculty of Humanities and Social Sciences. Vishwakarma University, Pune.
Principal, Ness Wadia College of Commerce, Pune
Professor in Economics
Head, Dept. of Business Economics
Head – Research Centre (Retired on Superannuation on 31st March 2021)
Formerly Asst. Secretary & Life Member - Modern Education Society,
Formerly Head, Dept. of Banking & Finance
Formerly Rector: Neville Wadia Institute of Management Studies and Research, Pune
Formerly NAAC Coordinator

Designation at the Savitribai Phule Pune University and other Universities:

Special Invitee Member (under 34(4) (e) of Maharashtra Public Universities Act, 2016) at Faculty of Commerce and Management at Rashtrasant Tukadoji Maharaj Nagpur University, Nagpur – 2nd March 2019 to 31 Aug 2022.
Member Board of Studies (Business Economics), Savitribai Phule Pune University. [2005 to 2010 and 2010 to 2015.]
Member Board of Studies (Banking & Finance), Savitribai Phule Pune University [2010 to 2015].
Member Board of Studies (BBA – International Business) February 2016 to 2018.
Subject Expert (Subject: Business Economics) under Faculty of Commerce & Management, Savitribai Phule Pune University, Pune on the Research and Recognition Committee, November, 2017 to October, 2019.
Subject Expert (Subject: Banking and Finance) under Faculty of Commerce & Management, Savitribai Phule Pune University, Pune on the Research and Recognition Committee, November, 2017 to October, 2019.
Subject Expert (External) (Subject: Business Administration) under Faculty of Commerce and Management, Dr Babasaheb Ambedkar Marathwada University, Aurangabad on the Research and Recognition Committee, 16th Sept 2021.
Subject Expert in mapping of Swayam courses with UG/PG non-engineering Degree programmes of SPPU.
Subject Expert in evaluating self –learning material of the School of Open Learning, SPPU, for M.Com in the subject Central Banking and monetary policy.
Member – Board of Studies (2016-2021) – Subject: Research Methodology for Business, St. Mira’s College for Girls (Autonomous) Pune.
Vice Chancellor’s Nominee on the Board of Studies of Economics (2018-2020) at Symbiosis College of Arts and Commerce, Pune.
Member (Academic Expert in Economics) – Board of Studies – Vishwakarma University, Pune from 8th December, 2018.
Recognized Guide of Savitribai Phule Pune University for M. Phil. & Ph.D.
Presently guiding Four Ph.D. students and one M.Phil student of Savitribai Phule Pune University
Seven students have been awarded Ph.D. by Savitribai Phule Pune University, Pune
ONE student has been awarded M.Phil. by Savitribai Phule Pune University, Pune.

Course certificate

Dear Learners,

For getting the certificate and credits, you are required to attempt a minimum of 5 weekly assessments and appear for the end course proctored examination in person. The announcement of the proctored examination will be done separately in due course of time.

The Swayam Board considers marks for best of 5 assessments. You have to secure a minimum of 40% marks average in all the assessments to be eligible for the end course proctored examination.

The exam is optional for a fee of Rs 1000/- (Rupees one thousand only). Announcement will be made when the registration form is open for registrations.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 30% of average of best 5 assessments out of the total assessments given in the course.

Exam score = 70% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=12/30 AND EXAM SCORE >= 28/70. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Note: Only the e-certificate will be made available. Hard copies will not be dispatched.

Happy learning.