B.Com – Financial Markets

B. Com. (Financial Markets)

First Year B.COM. (FM) 

Total Number of Seats 60


Bachelor of Commerce (Financial Markets):
The Course shall be a full time course. The duration of the course shall be six semesters spread over three years.


Eligibility (0.): A candidate for being eligible for admission to the Bachelor of Commerce (Financial Markets) Degree Course shall have passed XIIth Std. Examination of the Maharashtra State Board of Secondary & Higher Secondary Education or its equivalent and secured not less than 45% marks in aggregate (40% in case of reserved category) at one and the same sitting.


Every candidate admitted to the Degree Course in the Constituent / Affiliated Colleges recognized institution, conducting the course, shall have to register himself / herself with the University.


Students coming from University / Board other than Maharashtra must get eligibility for B.Com. (Financial Markets).


Documents Required for Admission:-
Students should bring the following documents in original along with duly attested photocopies for verification at the time of admission:-

      • Original Mark sheet of H.S.C., two photo copies of H.S.C Mark sheet and one photo copy of S.S.C Mark sheet and one photo copy of Leaving Certificate (LC) for F.Y. admission.
      • Original Mark sheet of Sem. I & II along with one photocopy for S.Y. admission.
      • For new admission at S.Y. / T.Y. NOC with enrolment details to be produced from the previous college.
      • One recent Passport size photography taken with light coloured dress for all classes.
      • One recent Passport size photograph of Parent / Guardian.
      • Address Proof (photo copy of Ration Card/ Electricity Bill/ Telephone Bill/Pass port/ Driving License) any one.
    • Caste Certificates (if applicable)
    • Caste Validity Certificate
    • Documentary evidence regarding special category status
    • Eligibility Certificate (issued by University) for students coming from other than Maharashtra Board and Maharashtra Technical Board). Eligibility forms will be distributed by college and same will be resubmitted to the college along with necessary documents and eligibility fees (Rs. 220/-, Rs.320/- and Rs.750/- as the case may be). Admission will be provisional till University approves the documents.
    • Physically Challenged candidates should produce the relevant certificate from competent authority.NOTE: In case the original mark sheet of Graduation Examination (Commerce Stream) has been submitted for admission to any college, a certificate to that effect, signed by the Principal of that College must be produced.

Students coming from Universities/Board other than Maharashtra State:- Students coming from outside, i.e. other than Maharashtra State Board, will be admitted to the college on the basis of provisional eligibility certificate which they must obtain from the University of Mumbai. No such student will be admitted to College without provisional certificate. In case the admission of the student is found to be invalid for any reason, the responsibility will lie with the student. Students will account for the gap if any, between H.S.C. and joining F. Y. Class by submitting gap certificate i.e. N.O.C. & T.C. from previous Institute.

Admission under Minority Quota (Sindhi):
A Student seeking admission at F.Y. level under Minority Category is required to produce documentary proof (Affidavit) certifying their Sindhi Status. It is desirable that they complete the Sindhi Certificate Course.

International Students: Foreign students seeking admission are required to submit the following documents

  • Photocopy of Passport
  • Copy of Transcript

Admission Procedure: On the basis of aggregate of:

    • Aggregate marks at H.S.C.
      In case the original mark sheet of H.S.C. has been submitted for admission to any college, a certificate to that effect, signed by the Principal of the College must be produced.

(Financial Markets)
Bachelor of Commerce (Financial Markets)
Scheme of modules as on year 2016-2017
First Year Semester – 1 (Seven papers)

      • Financial Accounting I
      • Introduction to Financial Systems
      • Business Mathematics
      • Business Communication I
      • Foundation Courses I
      • Business Environment
      • Business Economics


First Year Semester – 2 (Seven papers)

      • Financial Accounting II
      • Principles of Management
      • Basic Statistics
      • Business Communication – II
      • Foundation Courses II
      • Environment Science
      • Computer Skill I


Second Year Semester – 3 (Seven papers)

      • Debt Markets I
      • Equity Markets – I
      • Commodities Market
      • Management Accounting
      • Business Law I
      • Money Market
      • Business Taxation (Direct Tax)


Second Year Semester – 4 (Seven papers)

      • Debt Markets II
      • Equity Markets – II
      • Commodity Derivatives
      • Corporate Finance
      • Business Law II
      • Foreign Exchange Market
      • Computers in Investment


Third Year Semester – 5 (Seven Papers)

      • Global Capital Markets
      • Regulation of Securities Markets
      • Insurance (Fund) Management
      • Derivative Markets
      • Foreign Exchange Market
      • Portfolio Management
      • Project I


Third Year Semester – 6 (Seven Papers)

    1. Risk Management
    2. Corporate Governance
    3. Computer Applications in Financial Services
    4. Marketing of Financial Services
    5. Mutual Fund Management
    6. Customer Relationship Management in Financial Services
    7. Project II (Computer Lab Based)

R.4295 (ii) total number of lectures per paper per Semester (subject shall be maximum of 60 each of 50 minutes duration)

R.4298 Scheme of Examination
The Scheme of examination shall be divided in two parts.

  • Internal Assessment :25% i.e. 25 marks.
  • Semester End Examination : 75% i.e. 75 marks.


Students must get 10% marks in aggregate i.e. 40% marks in Internal Assessment (i.e. 40% of 25 = 10) as well as 30% marks in Semester End Examination (i.e. 40% of 75 = 30) separately, in order to pass the examination.

Performance Grading ( Passing Standards)

  • The performance grading of the student shall be of the Seven point ranking system as under :
I Class
65 or above
60 – Less than 65
II Class
55 – Less than 60
50 – Less than 55
45 – Less than 50
Pass Class
40 – Less than 45
Less than 40


The Performance grading shall be based on the aggregate performance of internal assessment and semester end examination.

  • Carry forward of Internal marks : A candidate who fails in any particular papers shall be allowed to reappear for that theory paper/s. However his / her internal assessment marks shall be carried forward, but shall be entitled grade “E” on passing.
    • A candidate shall be allowed to keep terms for Semester II if he / she passes Semester I OR if he / she fails in not more than 200 marks of semester I (i.e. 2 subjects)
    • A candidate shall be allowed to keep terms for semester III if he /  she passes in semester I and Semester II OR if he /  she fails in not more than 200 marks (i.e. 2 subjects) of Semester I and Semester II taken together.
    • A candidate shall be allowed to keep terms for Semester IV if he /  she passes in each of semester I, II, III OR if he / she passes semester I and fails in not more than 200 marks (i.e. 2 subjects) of Semester II and Semester III taken together.
    • A candidate shall be allowed to keep terms for Semester V if he /  she passes in each of semester I, II, III and IV OR if he / she passes Semester I and semester II and fails in not more than 200 marks (i.e. 2 subjects) of Semester III and Semester IV taken together.
    • A candidate shall be allowed to keep terms for Semester VI if he /  she passes in each of semester  I, II, III, IV and V OR if he / she passes Semester I and semester II and fails in not more than 200 marks (i.e. 2 subjects) of Semester IV and Semester V taken together.

Existing Gracing rules are applicable to this course as like the Traditional Courses.

Fees Chargeable per annum for B.Com. Financial Markets
Fees Structure 
*Subject to revision
Particulars F.Y.BCOM (FM) S.Y.BCOM (FM) T.Y.B.COM (FM)
1 Tuition Fees 10000.00 10000.00 10000.00
2 Library Fees 600.00 600.00 600.00
3 Gymkhana Fees 400.00 400.00 400.00
4 Other Fees /Extra Curricular Activity 250.00 250.00 250.00
5 Examination Fees 2120.00 2120.00 2120.00
6 Enrollment Fees / Registration Fees 220.00 0.00 0.00
7 Disaster Relief Fund 10.00 10.00 10.00
8 Admission Processing 200.00 200.00 200.00
9 Utility Fees 250.00 250.00 250.00
10 Magazine Fees 100.00 100.00 100.00
11 ID & Library Card Fee 50.00 50.00 50.00
12 Group Insurance Fees 40.00 40.00 40.00
13 Students Welfare Fund 50.00 50.00 50.00
14 Development Fees 500.00 500.00 500.00
15 Vice Chancellor’s Fund 30.00 30.00 30.00
16 Univ. Sports & Cultural Activities 30.00 30.00 30.00
17 E-Charges 20.00 20.00 20.00
18 E-Suvidha 50.00 50.00 50.00
19 Computer Practicals 1000.00 1000.00 1000.00
20 Laboratory Fees 1000.00 1000.00 1000.00
21 Alumni Association 25.00 25.00 25.00
22 Project Fees 0.00 0.00 1000.00
23 Document Verification Fees ** ** ** **
24 Univeristy Convocation Fee 250.00
25 Caution Money Deposit 150.00 0.00 0.00
26 Library Deposit 250.00 0.00 0.00
27 Laboratory Deposit 400.00 0.00 0.00
28 Forms & Prospectus 100.00 100.00
TOTAL 17745.00 16825.00 18075.00
*Fees are subject to modification as per University Rule
**Document Verification Fees Rs.400/- applicable to Elgibility Students
Additional amount not exceeding Rs. 2500/ shall be payable by every student towards expenses incurred for utility/examinations and sundry items being implemented for the benefits of the students.

Cancellation of Admission: – Students canceling their admission will be entitled to receive the refund of fee paid after deduction of the amount as indicated below: –

O.2859 :  Refund of Tuition, Development and all other fees after cancellation of admissions:
The candidates who have taken admission in under graduate courses in Govt. colleges, in Govt. aided and unaided courses conducted by affiliated colleges, and recognized Institutions may request for refund of fees after applying in writing for cancellation of their admission to the course.  The refund of fees as applicable shall be made on or before 30th day after the date of cancellation and thereafter.  The percentage of fee for the course shall be refunded to the candidate after deducting charges as follows :-
Table – 1 : Fee Deduction on cancellation of admission
Period and Percentage of deduction charges







Prior to Commencement of Academic Term and Instruction of the Course Upto 20 days after the Commencement of Academic Term of the Course From 21st day upto 50 days after the Commencement of Academic Term of the Course From 51st day upto 80 days after the Commencement of Academic Term of the Course or 31st August whichever is earlier From 1St to 30th September After September 30th
Deduction Charges Rs. 500/- Lump sum 20% of the Total Amount of Fees 30% of the Total Amount of Fees 50% of the Total Amount of Fees 60% of the Total Amount of Fees 100% of the Total Amount of Fees

NOTE :  The total amount considered for the refund of fees from the commencement of academic term of the course includes the following :-

  • All the fee items chargeable for one year are as per relevant University circulars for different Faculties (excluding the courses for which the total amount is fixed by other competent authorities).
  • The fee charged towards group insurance and all fee components to be paid as University share (including Vice-Chancellor fund, University fee for sports and cultural activities, E-charge, disaster management fund, exam fee and Enrollment fee) are non-refundable if payment is made by the college prior to the date of cancellation.
  • Fee collected for Identity card and Library card, admission form and prospectus, enrollment and any other course specific fee are not refundable after the commencement of the academic term.
  • All refundable deposits (Laboratory, Caution Money and Library etc.) shall be fully returned at the time of cancellation.


Provided that wherever admissions are made through centralized admission process for professional and/or for any other courses by other competent Authorities, the Refund Rules are applicable if specified by such authorities ( as per the rules of relevant agencies) for the 1st year admission.  In case of admission to subsequent years of the course, O.2859 is applicable for cancellation of admission.
Provided further that this refund rules is concurrent with the rules and guidelines of other professional statutory bodies appointed for admission for relevant courses.
Further that O.2859-A & O.2859-B have been replaced and the amended O.2859 relating to the refund of Tuition Fees, Development and all other fees after cancellation of admission for the Under Graduate Courses has been brought into force with effect from the academic year 2008-2009.


Dates for Refund of Deposits (Self Financing Courses): –
Application for the refund of deposits must be made between 1st Sep. to 30th Sep or 1st Feb. to 28 Feb. of the year when applicant ceases to be a student of the college, failing which the deposit will be forfeited.






B.Com – Financial Markets Department