Money Banking and Finance (MBF) Syllabus for (B.com)
BC-307: MONEY, BANKING AND FINANCE
Introduction: Evolution, forms and Issuance, Functions, Importance and Role of Money.
VALUE OF MONEY:
Determination of the Value: Quantity Theory of Money, Cash Balance Theory of Money, Modern theory of Money,
Changes in Value: Inflation, Kinds, Causes, Remedies, Deflation, Reflation, Disinflation, Stagflation.
Measurement of Changes in Value: Index Numbers, Devaluation of Money. Foreign Exchange: Introduction, Determination of Rates of Exchange and factors involved.
Introduction to Money and Capital Markets:
Trade Cycle: Phases, Causes, Remedies, Theory of Trade Cycles.
International Monetary Systems: IMF, IBRD, Asian Development Bank, Islamic Development Bank.
Introduction: Evolution, Definition, Kinds of Banks. Scope of Banking.
Commercial Bank: Functions, Importance, Role of Banks, Credit Instruments & Credit Creation, Scope of E. Banking.
Bank Accounts: Opening, Operations and Closure of Various Types of Accounts.
Banker-Customer Relationship: Different Types of Customers, Nature of Relationship, Rights and Dut ies of Both Parties.
Bank Advances: Running Finance, Cash Finance, Demand Finance, Term Finance, Discounting of Bills, Purchase of Bills. Principles, Precautions and Procedures for advancing.
Letter of Credits: Kinds, Operations, Advantages.
Central Bank: Functions, Monetary Policy, State Bank of Pakistan, Functions and Role in the Economic Development of Pakistan.
Banking in Pakistan: Brief History, Nationalization, Privatization, ADBP, IDBP.
Islamic Banking: Evolution of Islamic Banking System in Pakistan.
Importance, Kinds & Sources of Interest Based and Interest Free Financing.
BOOKS RECOMMENDED: (Latest Editions)
- Israr H. Siddiqui, Practice and Law of Banking in Pakistan, Royal Book Co.,
- A.Menai, Banking and Finance in Pakistan, Oxford University Press, Karachi.
- Crowther, An Outline of Money, Thomas Nelson & Sons Ltd,
- Saeed Nasir, Money & Banking, Kitab Markaz Faisalabad.
- Hassan Mobeen Alam, Money Banking and Financing, Syeed Mubin Mahmood & Co., Lahore.
- Muhammad Irshad,Money & Banking, Naveed Publication,
- J.Henderson, Banking Operations, D P Publishing, Ltd.
- Zia-ud-Din, Munawar Iqbal & M. Fahim, Money and Banking in Islam, International Centre for Research in Islamic Economics, King Abdul Aziz University, Jeddah & Institute of Policy Studies,
- Miller & Pulsinelli, Modern Money & Banking, McGraw Hill,
- Akram Khan, Islamic Banking in Pakistan, All Pakistan Islamic Education Congress, Lahore.
- Abdul Jabbar Khan, Five Decades of Banking in Pakistan, NBP,