Bangalore University is located in the Garden City of Bangalore aptly hailed as the “I.T. Capital of India”, was established in July 1964 as an off shoot of the University of Mysore, primarily to include institutions of higher learning located in the metropolitan city of Bangalore and the districts of Bangalore, Kolar and Tumkur, which eventually became a separate university. Initially, the two premier colleges of the city, the Central College (CC) and the University Visvesvaraya College of Engineering (UVCE) formed the nucleus of Bangalore University.
Bangalore University has grown both in size and strength to include a large number of affiliated colleges, P.G. Centers with a rich diversity of programe options. In consonance with this expansion, in 1973, the University moved into a new campus named ‘Jnana Bharathi’ (JB) located on a sprawling 1100 acres of land and shifted many of its post graduate departments to this newly established campus. At present, the JB Campus houses the office of the Vice Chancellor, Registrar, Registrar (Evaluation), Finance Officer and a large number of post graduate departments, Directorates, Centres of higher learning, NSS Bhavan, Outdoor Stadium and other support services. The University Law College, started in 1948 and The College of Physical Education, started in 1959 are located in the JB Campus.
Masters of Commerce or MCom is a post graduate level course ideal for candidates who wish to make a career in banking financial services and insurance (BFSI) as well as accounting and commerce sectors. The 2-year course delves deeper into the functioning of the economy, capital, revenue, trade, taxes, etc. taught in BCom.
1. To expose students to domestic and international monetary systems
2. To enable students to understand principles & systems of note issue
3. To familiarize with issues relating to conversion of currencies.
Module – 1:
Money: Meaning, definition, functions. Role of money, value of money, theories of Value of money;
quantitative theory, Friedman‘s restatement of the quantitative theory – Keynes theory of money.
Module – 2:
Monetary system: The Gold standard – paper currency standard – principles of note issue; systems of
note issue – essentials of a sound currency system – paper gold or SDR
Module – 3:
International monetary system – Evaluation of International monetary system, Bi – metallion; –
classical gold standard – interwar period Bretton woods system – The flexible exchange rate – current
exchange rate regime – fixed vs flexible exchange rates.
Module – 4:
International financial system: Introduction – role of financial markets – participants – elements –
forex market – Euro currency market – Euro bond market – forward and future markets for foreign
Module – 5:
Balance of payment – Balance of Trade, Equilibrium in BOP – Devaluation and Depreciation; Current
and Capital account convertibility – Recent development in foreign capital flows.
study material Monetary system
- Monetary system chapter 1
- Monetary system chapter 2
- Monetary system chapter 3
- Monetary system chapter 4
- Monetary system chapter 5