Curriculum Overview
The Finance program at BHABHA MANAGEMENT RESEARCH INSTITUTE is designed to provide students with a robust foundation in financial principles and practical skills needed for a successful career in finance. The curriculum spans four years and includes core courses, departmental electives, science electives, and laboratory components.
| Semester | Course Code | Course Title | Credit Structure (L-T-P-C) | Pre-requisites |
|---|---|---|---|---|
| I | FN101 | Financial Accounting | 3-0-0-3 | - |
| I | FN102 | Principles of Economics | 3-0-0-3 | - |
| I | MTH101 | Calculus I | 4-0-0-4 | - |
| I | MTH102 | Statistics I | 3-0-0-3 | - |
| I | CSE101 | Introduction to Programming | 3-0-0-3 | - |
| II | FN201 | Corporate Finance | 3-0-0-3 | FN101, MTH101 |
| II | MTH201 | Linear Algebra | 3-0-0-3 | MTH101 |
| II | FN202 | Financial Markets and Institutions | 3-0-0-3 | FN101, FN201 |
| III | FN301 | Investments | 3-0-0-3 | FN201, MTH201 |
| III | FN302 | Risk Management | 3-0-0-3 | FN201 |
| III | MTH301 | Probability and Stochastic Processes | 4-0-0-4 | MTH101, MTH201 |
| IV | FN401 | Derivatives | 3-0-0-3 | FN301 |
| IV | FN402 | Quantitative Methods in Finance | 3-0-0-3 | MTH301 |
| V | FN501 | Sustainable Finance | 3-0-0-3 | FN301, FN302 |
| V | FN502 | Behavioral Finance | 3-0-0-3 | FN201 |
| V | FN503 | Financial Econometrics | 3-0-0-3 | MTH301 |
| VI | FN601 | Advanced Derivatives | 3-0-0-3 | FN401 |
| VI | FN602 | Algorithmic Trading | 3-0-0-3 | FN402 |
| VII | FN701 | Financial Strategy | 3-0-0-3 | FN301, FN501 |
| VIII | FN801 | Capstone Project | 4-0-0-4 | All previous courses |
Advanced Departmental Electives
The program offers several advanced departmental electives that allow students to delve deeper into specialized areas of finance:
- Financial Modeling and Analysis: This course covers complex financial models, including Monte Carlo simulations and scenario analysis. Students learn to build predictive models using Excel, Python, and MATLAB.
- Islamic Finance: Focuses on the principles and practices of Islamic finance, including Sharia-compliant instruments and ethical investment strategies.
- Emerging Markets Finance: Explores financial systems in developing economies, addressing challenges such as currency volatility and regulatory frameworks.
- Credit Risk Management: Students study credit scoring models, default prediction techniques, and regulatory compliance in credit risk management.
- Financial Technology (FinTech): Combines finance with emerging technologies like blockchain, artificial intelligence, and mobile payments to revolutionize financial services.
Project-Based Learning Philosophy
At BHABHA MANAGEMENT RESEARCH INSTITUTE, we emphasize project-based learning as a core component of the Finance program. Students engage in both mini-projects and a final-year capstone project that mirrors real-world financial challenges.
Mini-projects are undertaken during the third and fourth semesters and involve analyzing case studies from top financial institutions. These projects help students apply theoretical knowledge to practical situations, enhancing their analytical and problem-solving abilities.
The final-year thesis or capstone project is a significant undertaking that allows students to explore an area of personal interest in depth. Students select a topic in consultation with faculty mentors, conduct independent research, and present findings to a panel of experts.