Aim & Summary
The aim of "Foundations of Finance & Banking: Finance & Banking Fundamentals India (FLIP)" for BBA students is to provide a comprehensive understanding of the fundamental concepts, principles, and practices in finance and banking specific to the Indian context. The course begins with an overview of the Indian financial system, including its structure, participants, and regulatory framework. Students will learn about the roles and functions of various institutions, such as banks, financial markets, and regulatory bodies, in driving economic growth and stability in India.
As the course progresses, students will delve into fundamental concepts in finance, such as time value of money, risk and return, and financial statement analysis. They will learn how to analyze financial statements, evaluate investment opportunities, and make informed financial decisions, with a focus on understanding the unique characteristics of the Indian financial markets. In addition to core concepts in finance and banking, students will also learn about the various financial products and services available in India, such as savings accounts, fixed deposits, loans, insurance, and mutual funds.
By the end of the course, students will have developed a comprehensive understanding of finance and banking fundamentals in India, as well as the skills and confidence needed to succeed in the dynamic and rapidly evolving world of finance.