Introduction to Banking and Financial Markets

By P C Narayan | Indian Institute of Management Bangalore (IIMB)

Learners enrolled: 13243

Welcome to the course "Introduction to Banking and Financial Markets"

Centuries ago, ‘Barter’ was the only mode of exchange for goods and services. Then came ‘commodity money’ (gold) followed by ‘fiat money’ (currency) and the M1-M2-M3 measure of money. Rapid industrialization and the exponential increase in business and trade resulted in the need for businesses and governments to raise more capital (money) to sustain their growth. Simultaneously, the increase in international trade (exports and imports) between countries meant increased cross-border flow of goods and services and hence the need for cross-currency transactions and ‘exchange rates’ between currencies.

Banks and Financial Markets evolved in this ‘eco-system’ primarily to channelize money from those who have it (savers/investors) to those who need it (borrowers) and to facilitate cross-border flow of funds through exchange of currencies. That eco-system of banks and financial markets (including Central Banks) has deepened in size, sophistication and complexity over the years. Consequently, the benefits of a robust eco-system of banking and financial markets facilitated and overseen by a strong Central Bank, are real and visible in most countries. However, they have also been the subject of abuse, failures and economic distress in several countries, with a ‘contagion effect’ on the rest of the World!

In this course you will learn about:

The theory and concepts underlying Banking and Financial Markets
The products and instruments that are offered by Banks and Financial Markets to meet the financial needs of individuals, businesses and governments
The underlying market mechanisms and how the financial instruments are traded (i.e. bought and sold)

Summary

Course Status :	Completed
Course Type :	Core
Duration :	6 weeks
Category :	Management Studies
Credit Points :	2
Level :	Postgraduate
Start Date :	31 Jul 2023
End Date :	31 Oct 2023
Enrollment Ends :	09 Sep 2023
Exam Date :	30 Nov 2023 IST

Note: This exam date is subjected to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Week 1: Overview of the Financial System

Week 2: Theory and Structure of Interest Rates
Week 3: Short Term Financial Markets

Week 4: Long Term Financial Market

Week 5: Other Important Financial Markets

Click here for Syllabus

Books and references

None

Instructor bio

P C Narayan

Indian Institute of Management Bangalore (IIMB)

P C Narayan is a faculty member in the Finance & Accounting Area at the Indian Institute of Management Bangalore (IIMB), where he has been teaching since 2003. His areas of research interest and expertise include risk management, banking and financial markets, international finance, regulation and monetary policy and technology related to banking and financial markets. His PhD thesis won the ‘Outstanding Doctoral Research Award’ of the European Foundation for Management Education and Emerald Publishing in 2013. He won the ‘Teaching Innovator Award-2016’ from the Ministry of Human Resources Development, Government of India for his innovative and effective use of technology in the graduate class-room. He was a member of the Advisory Group of the Unique Identification Authority of India (UIDAI) set up by the Government of India in 2009. He consults for and trains managers in several organizations in India and abroad in the banking, manufacturing and information technology sectors. Prior to joining IIMB, he was based overseas for several years with a multinational bank and subsequently as the President of a bank in India. Having spent many years in industry as well as in academia and having travelled to over 40 countries and having worked in 20 different countries, he brings a breadth of global experience and a unique cross-cultural perspective in his teaching and research.

Course certificate

Enrolling and learning from the course is free. However, if you wish to obtain a certificate, you must register and take the proctored exam in person at one of the designated exam centre’s. The registration URL will be announced when the registration form is open. To obtain the certification, you need to fill out the online registration form and pay the exam fee. More details will be provided when the exam registration form is published, including any potential changes. For further information on the exam locations and the conditions associated with filling out the form, please refer to the form.

Grading Policy:

Assessment Type	Weightage
Mid-Term & End-Term	25%
Final Exam	75%

Certificate Eligibility:

40% marks and above in Mid Term & End Term
40% marks and above in the final proctored exam

Score	Type of Certificate
>=90	Gold
75 - 89	Silver
70 - 74	Bronze
40 - 70	Successfully Completed
<40	No Certificate

Sample Certificate:

Disclaimer: In order to be eligible for the certificate, you must register for enrolment and exams using the same email ID. If different email IDs are used, you will not be considered eligible for the certificate.

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