Money Banking and Finance (MBF) Syllabus for Associate Degree in Bachelor of Commerce (B.com)

Money Banking and Finance (MBF) Syllabus for (B.com)

BC-307: MONEY, BANKING AND FINANCE

MONEY

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.

BANKING

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.

FINANCE

Importance, Kinds & Sources of Interest Based and Interest Free Financing.

BOOKS RECOMMENDED: (Latest Editions)

1. Israr H. Siddiqui, Practice and Law of Banking in Pakistan, Royal Book Co.,
2. A.Menai, Banking and Finance in Pakistan, Oxford University Press, Karachi.
3. Crowther, An Outline of Money, Thomas Nelson & Sons Ltd,
4. Saeed Nasir, Money & Banking, Kitab Markaz Faisalabad.
5. Hassan Mobeen Alam, Money Banking and Financing, Syeed Mubin Mahmood & Co., Lahore.
6. Muhammad Irshad,Money & Banking, Naveed Publication,
7. J.Henderson, Banking Operations, D P Publishing, Ltd.
8. 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,
9. Miller & Pulsinelli, Modern Money & Banking, McGraw Hill,
10. Akram Khan, Islamic Banking in Pakistan, All Pakistan Islamic Education Congress, Lahore.
11. Abdul Jabbar Khan, Five Decades of Banking in Pakistan, NBP,