Semester-wise Syllabus for M.Com in Financial Markets

Semester 1: Foundations of Financial Markets

1. Financial Accounting & Reporting

   • Advanced accounting standards (Ind AS, IFRS)

   • Financial statement analysis (ratios, cash flow statements)

2. Economics for Financial Markets

   • Macroeconomic indicators (GDP, inflation, interest rates)

   • Monetary policy and its impact on markets

3. Quantitative Techniques for Finance

   • Time value of money, probability, statistical tools

   • Excel modeling for financial analysis

4. Principles of Financial Management

   • Capital budgeting, cost of capital, working capital management

   • Dividend policy and corporate valuation

5. Business Communication & Ethics

   • Report writing, presentation skills

   • Ethical issues in financial markets (insider trading, fraud prevention)

Semester 2: Core Financial Markets & Instruments

1. Security Analysis & Portfolio Management

   • Fundamental vs. technical analysis

   • Modern Portfolio Theory (MPT), CAPM, Alpha/Beta

2. Indian Financial System

   • Structure of financial markets (money, debt, equity, forex)

   • Role of SEBI, RBI, stock exchanges (NSE, BSE)

3. Derivatives & Risk Management

   • Futures, options, swaps (Black-Scholes model)

   • Hedging strategies (delta, gamma hedging)

4. Fixed Income Securities

   • Bond valuation, yield curves, duration/convexity

   • Government securities (G-Secs, T-bills)

5. Elective I (Choose One)

   • Behavioral Finance (Market anomalies, investor psychology)

   • Commodity Markets (Gold, crude oil, agri-commodities)

Semester 3: Advanced Financial Markets & Regulations

1. Investment Banking & Financial Services

   • Mergers & acquisitions (M&A), IPOs, private equity

   • Valuation methods (DCF, comparables)

2. International Financial Markets

   • Forex markets (spot, forward, currency swaps)

   • Eurobonds, ADRs/GDRs

3. Technical Analysis & Trading Strategies

   • Chart patterns (head & shoulders, candlesticks)

   • Algorithmic trading basics

4. Financial Regulations & Compliance

   • SEBI Act, FEMA, insider trading regulations

   • Basel norms, anti-money laundering (AML)

5. Elective II (Choose One)

   • FinTech & Digital Finance (Blockchain, robo-advisors)

   • Wealth Management (Asset allocation, tax planning)

Semester 4: Practical Applications & Research

1. Financial Modeling & Valuation

   • Advanced Excel, DCF modeling

   • Case studies (valuation of startups, M&A deals)

2. Market Research & Trading Simulation

   • Virtual trading platforms (NSE NOW, MetaTrader)

   • Live market analysis (equity, forex)

3. Dissertation/Internship

   • Project with broking firms, AMCs, or banks

   • Research topic (e.g., "Impact of RBI Policy on Stock Markets")

4. Certification Prep & Viva

   • NISM/CFA Level 1 exam preparation

   • Mock interviews for roles like Equity Analyst, Risk Manager