Financial Services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurancecompanies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers, and some government-sponsored enterprises.

The term "financial services" became more prevalent in the United States partly as a result of the Gramm–Leach–Bliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge.

Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financial services companies are permitted within the holding company. In this scenario, each company still looks independent and has its own customers, etc. In the other style, a bank would simply create its own insurance division or brokerage division and attempt to sell those products .

This course will teach all aspects of financial services, merchant banking, hire purchase, leasing, venture capital, Mutual funds, Derivatives, credit cards, credit ratings. We will also teach securitisation of debt, derivatives. Each topic starts with definition, origin, classification, scope, and then other associated knowledge.  Most lectures are kept short to make it easy and revolves around a single topic at a time. This is taught in reputed business schools and is the most comprehensive course on this topic.

Since the course is vast it is divided into volumes. The aim of these lectures is not just to give a taste of few topics but to be all inclusive. This is volume 1.

Please check the entire channel for added lectures. We will also create other lecture series for all the aspects of MBA and finance.