Course Structure Overview
The Finance program at Roorkee College Of Management And Computer Applications Roorkee is meticulously structured over 8 semesters, ensuring a progressive build-up of knowledge and skills. The curriculum balances foundational subjects with advanced electives and practical experiences.
Semester | Course Code | Course Title | Credit Structure (L-T-P-C) | Prerequisites |
---|---|---|---|---|
I | FN101 | Introduction to Finance | 3-0-0-3 | - |
I | MATH101 | Calculus and Linear Algebra | 4-0-0-4 | - |
I | ECON101 | Principles of Economics | 3-0-0-3 | - |
I | ACC101 | Financial Accounting | 3-0-0-3 | - |
I | COM101 | Communication Skills | 2-0-0-2 | - |
I | LIT101 | Introduction to Literature | 2-0-0-2 | - |
II | FN201 | Corporate Finance | 3-0-0-3 | FN101 |
II | MATH201 | Probability and Statistics | 4-0-0-4 | MATH101 |
II | ECON201 | Microeconomics | 3-0-0-3 | ECON101 |
II | ACC201 | Managerial Accounting | 3-0-0-3 | ACC101 |
II | COM201 | Business Communication | 2-0-0-2 | COM101 |
III | FN301 | Investments and Portfolio Management | 3-0-0-3 | FN201 |
III | MATH301 | Financial Mathematics | 4-0-0-4 | MATH201 |
III | ECON301 | Macroeconomics | 3-0-0-3 | ECON201 |
III | ACC301 | Cost Accounting | 3-0-0-3 | ACC201 |
III | LIT301 | English Literature | 2-0-0-2 | LIT101 |
IV | FN401 | Risk Management | 3-0-0-3 | FN301 |
IV | MATH401 | Econometrics | 4-0-0-4 | MATH301 |
IV | ECON401 | International Economics | 3-0-0-3 | ECON301 |
IV | ACC401 | Taxation and Auditing | 3-0-0-3 | ACC301 |
IV | COM401 | Leadership and Teamwork | 2-0-0-2 | COM201 |
V | FN501 | Derivatives and Financial Engineering | 3-0-0-3 | FN401 |
V | MATH501 | Time Series Analysis | 4-0-0-4 | MATH401 |
V | ECON501 | Development Economics | 3-0-0-3 | ECON401 |
V | ACC501 | Financial Reporting and Analysis | 3-0-0-3 | ACC401 |
V | LIT501 | Contemporary Literature | 2-0-0-2 | LIT301 |
VI | FN601 | Quantitative Methods in Finance | 3-0-0-3 | FN501 |
VI | MATH601 | Advanced Financial Modeling | 4-0-0-4 | MATH501 |
VI | ECON601 | Behavioral Economics | 3-0-0-3 | ECON501 |
VI | ACC601 | Corporate Governance and Ethics | 3-0-0-3 | ACC501 |
VI | COM601 | Professional Communication | 2-0-0-2 | COM401 |
VII | FN701 | Financial Markets and Institutions | 3-0-0-3 | FN601 |
VII | MATH701 | Machine Learning in Finance | 4-0-0-4 | MATH601 |
VII | ECON701 | Global Financial Integration | 3-0-0-3 | ECON601 |
VII | ACC701 | Strategic Financial Management | 3-0-0-3 | ACC601 |
VII | LIT701 | Philosophy of Economics | 2-0-0-2 | LIT501 |
VIII | FN801 | Capstone Project in Finance | 4-0-0-4 | FN701 |
VIII | MATH801 | Research Methodology | 3-0-0-3 | MATH701 |
VIII | ECON801 | Policy Analysis in Finance | 3-0-0-3 | ECON701 |
VIII | ACC801 | Final Financial Assessment | 3-0-0-3 | ACC701 |
VIII | LIT801 | Advanced Literature Study | 2-0-0-2 | LIT701 |
Advanced Departmental Electives
The advanced departmental elective courses in the Finance program at Roorkee College Of Management And Computer Applications Roorkee are designed to provide students with specialized knowledge and skills relevant to their career aspirations. These courses go beyond basic concepts, offering a deep dive into cutting-edge topics in finance.
Derivatives and Financial Engineering
This course delves into the pricing and application of derivatives instruments such as futures, options, swaps, and exotic derivatives. Students learn to model complex financial products using advanced mathematical techniques and software tools. The course also covers the implementation of hedging strategies and risk management techniques for derivative portfolios.
Quantitative Methods in Finance
Students are introduced to advanced quantitative methods used in modern finance, including stochastic calculus, Monte Carlo simulations, and numerical methods for solving financial models. The course emphasizes practical applications using software packages like MATLAB and Python. It prepares students for roles in quantitative finance, algorithmic trading, and risk modeling.
Financial Markets and Institutions
This course explores the structure and functioning of modern financial markets and institutions. Topics include market microstructure, regulatory frameworks, central banking, and monetary policy. Students analyze the impact of global financial integration on local economies and assess the role of financial institutions in economic development.
Machine Learning in Finance
This course bridges the gap between traditional finance and emerging technologies by applying machine learning algorithms to financial data. Students learn to use neural networks, decision trees, and clustering techniques for portfolio optimization, credit risk assessment, and fraud detection. The course includes hands-on projects using real datasets from financial institutions.
Behavioral Finance
Behavioral finance integrates psychological theories with economic analysis to understand how individual investors and markets behave. This course examines cognitive biases, herding behavior, and market anomalies. Students explore the implications of behavioral insights for portfolio construction, asset pricing, and financial decision-making.
International Finance
This course analyzes the role of international capital flows, exchange rate dynamics, and global financial markets. It covers topics such as balance of payments, international monetary systems, and multinational corporate finance. Students gain insights into managing currency risk and navigating cross-border investment opportunities.
Corporate Governance and Ethics
Students examine the principles and practices of corporate governance in modern business environments. The course explores ethical dilemmas in financial decision-making, stakeholder theory, and compliance with regulatory frameworks. It emphasizes the importance of transparency, accountability, and sustainable business practices in financial management.
Risk Management
This course focuses on identifying, measuring, and mitigating various types of financial risks. Students learn to apply risk management frameworks such as Value at Risk (VaR), stress testing, and scenario analysis. The course covers operational risk, credit risk, market risk, and liquidity risk in the context of regulatory compliance.
Financial Econometrics
Financial econometrics combines economic theory with statistical methods to analyze financial data. Students learn to estimate and test financial models using time series data and panel regression techniques. The course includes applications in asset pricing, forecasting, and policy evaluation.
Algorithmic Trading
This course introduces students to the design and implementation of automated trading systems. It covers algorithmic strategies, market microstructure, and execution costs. Students develop trading algorithms using Python and backtest them on historical data to evaluate performance.
Project-Based Learning Philosophy
Roorkee College Of Management And Computer Applications Roorkee believes in project-based learning as a cornerstone of effective education in Finance. The program incorporates both mini-projects and a final-year capstone project that simulate real-world challenges and solutions.
Mini-projects are assigned during the second and third years, allowing students to apply theoretical concepts in practical scenarios. These projects often involve case studies from actual financial institutions or simulations of market conditions. Students work in teams under faculty supervision, developing skills in collaboration, problem-solving, and presentation.
The final-year capstone project is a significant undertaking that requires students to conduct independent research on an area of interest within Finance. Projects are selected based on student interests and aligned with ongoing faculty research initiatives. The process includes proposal development, literature review, data collection, analysis, and presentation of findings.
Faculty mentors guide students throughout the project lifecycle, providing expertise in methodology, analysis, and professional development. The final project is evaluated by a panel of industry experts and academic faculty members, ensuring that students receive comprehensive feedback on their work.