CHRIST UNIVERSITY ELSY (MCOM).pdfusefulness theory; Deductive and inductive approach in theory formulation, Events approach, Value approach and predictive approach, pragmatic approach,

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CHRIST UNIVERSITY

HOSUR ROAD

BANGALORE – 560029

Department of Commerce

M COM

COURSE STRUCTURE & SYLLABUS

[Effective from June 2012 new batch]

February 2013

CHRIST UNIVERSITY

BANGALORE: 560 029

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MASTER OF COMMERCE (M.COM)

Christ University is pleased to announce an innovative post-graduate program on Commerce

offered by the Department of Commerce. The program is intended to support students who

wish to pursue a professional career in academics. Choice of career in academics is less seen

as a preference particularly due to its requirement to acquire higher research qualifications to

reach a position of standing and also due to existence of better paying job avenues.

Nevertheless, the career is well rewarding and satisfying for those who have a liking for

teaching and are inclined to stay in academics to excel in their knowledge areas.

Objectives

There is a need to transform teaching as a profession more than a mere career to bring in the

right skills, capability and attitude in the field of academics in the larger interest of

sustainable education. The program aims to create faculty of quality and competence in the

subject areas of Commerce & Management.

The objective of the program is:

To develop teaching and research talent

To create academic expertise suiting to contemporary needs of the Society.

Program

The M.Com program of Christ University is of 24 months’ duration (4 Semesters) with

significant emphasis on Research. The program is career oriented in its design, course

structure and teaching-learning process, as compared to traditional M.Com. The program

includes value-adding modules on teaching methodology and student behavior, in addition to

descriptive research oriented study modules on various subjects of commerce & management,

with options for specialization. The curriculum is developed duly considering the desired

level of knowledge exposure in the context of ever changing environment in global business.

Research paper on a chosen functional area based on industry/ organizational

interaction/internship, is included to bridge the gap between theory and practice.

Eligibility

Admission to the program is open to B.Com/ BBM graduates from any of the universities

under UGC, with a minimum of 50% marks, in aggregate.

Number of Seats

The course will have an intake of 60 students.

Admission Procedure

Admission will be based on an interview of candidates short-listed on merit. The interview

will be to assess the academic aptitude and learning / teaching interest. Weight age for

selection will be 65% for marks in the qualifying examination and 35% for performance in

the interview.

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Christ University

Under Section 3 of UGC Act, 1956

Bangalore: 560 029

Course Structure for M.COM

Semester – I

Subject

Code Existing

No.

Hours

Max.

Marks Credits

MCO101 Accounting Theory & Standards 04 100 03

MCO

102

Organization Behaviour 04 100 03

MCO

103

Cost Accounting 04 100 03

MCO

104

Research Methodology 04 100 03

MCO

105

Quantitative Techniques 04 100 03

MCO

106

Managerial Economics 04 100 03

MCO

111

Holistic Education 01 Grade 1

Totals 25 600 19

Semester – II

Subject

Code Existing

No.

Hours

Max.

Marks Credits

MCO

201

Business Ethics and Corporate Governance (by

research) 04 150 04

MCO

202

Business Information System 04 100

03

MCO

203

Direct Taxes 04 100

03

MCO

204

Financial Management 04 100

03

MCO

205

Marketing Management 04 100

03

MCO

206

Human Resources Management 04 100

03

MCO

211

Holistic Education 1 Grade

1

Totals 25 650 20

4

Semester – III

Subject

Code Existing No. Hours

Max.

Marks Credits

MCO 301 Project & Operations Management 04 100 03

MCO 302 Strategic Management & Policy Making

(by research) 04 150 04

MCO 303 Entreprenuership 04 100 03

MCO 304 Teaching methods 02 50 02

Elective – I Or II (Paper – I ) 04 100 03

Elective – I Or II (Paper – II) 04 100 03

Elective – I Or II (Paper – III) 04 100 03

Totals 26 750 21

Semester – IV

Subject

Code Existing

No.

Hours

Max.

Marks Credits

MCO 401 International business 04 100 03

MCO 402 Corporate Business Law 04 100 03

MCO 403 Internship and Teaching Practices(50+50) 100 04

MCO 404 Project and viva (based n the

specialization)

02 100 04

Elective – I Or II (Paper – I ) 04 100 03

Elective – I Or II (Paper – II) 04 100 03

Elective – I Or II (Paper – III) 04 100 03

Total 700 23

Electives – I Accounting & Taxation Electives – II Finance & Banking

Paper – I

MCO 305B

Banking Management Paper – I MCO 305A Management Accounting

& Financial Analysis

Paper – II

MCO 306B

Insurance Management Paper – II

MCO 306A

Advanced Cost Accounting

Paper – III

MCO 307B

Management of Financial

Services

Paper – III

MCO 307A

Advanced Taxation

Paper – IV

MCO 405B

International Finance &

Institutions

Paper – IV

MCO 405A

Advanced Financial Accounting

Paper – V

MCO 406B

Security Analysis & Portfolio

Management

Paper – V

MCO 406A

International Accounting

Paper – VI

MCO 407B

Capital Markets Paper – VI

MCO 407A

Indirect Taxes

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COURSE: ACCOUNTING THEORY AND STANDARDS

CODE: MCO 101 CREDITS: 03

Course Description

This is a core paper which gives in-depth knowledge to students on various Accounting

theory and standards like Inventory, fixed assets, cash flow, investments etc.

Learning Outcomes

To enable the students to have a deep understanding to the theoretical framework of

Accounting.

To help the students to have an in-depth knowledge of Accounting Standards to be

followed.

To motivate students for research in accounting area.

Level of Knowledge:

As a prerequisite, the students should be having basic knowledge about various accounting

concepts and principles in detail and also the various accounting standards which are

applicable as per Indian Accounting Standards.

Unit-I Accounting Theory: 06 hours

Focus: Basic Knowledge

Concept of theory and accounting theory; Role of Accounting theory, Classification of

Accounting theory – Accounting Structure theory, Interpretational theory and Decision

usefulness theory; Deductive and inductive approach in theory formulation, Events approach,

Value approach and predictive approach, pragmatic approach, Authoritarian approach,

Ethical, sociological, economical approach. Methodology in accounting theory - Positive

Methodology, Normative Methodology.

Unit- II Accounting Concepts And Principles: 04 hours

Focus: Basic And Conceptual

GAAP, Materiality concept, Money measurement concept, Cost concept, Conservatism

concept, Consistency concept, Business Entity concept, Going concern concept, Duality or

Accounting equivalence concept, Realization concept, Matching concept, Full disclosure.

Accounting principles, Selection of accounting principles, Measurement in accounting,

Measurement Constraints in accounting, accounting principles vs. Accounting policies.

Accrual Vs Periodicity.

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Unit- III Accounting Standards: 02 hours


Meaning, Objectives, Advantages, disadvantages, Procedure for issuing Accounting

Standards by the ICAI, Scope of Accounting Standards: - Level-I Enterprises, Level- II

Enterprises and Level- III Enterprises. Accounting Standards as per Companies Act 1956

and Income Tax Act 1961.

Disclosure Of Accounting Policies AS -1 01 hours

Focus: Basic and Conceptual

Scope, Need, Various areas where disclosure is mandatory, Change in Accounting Policies.

Valuation Of Inventories AS -2 03 hours

Focus: Conceptual And Analytical

Objective, Definition, Measurement of Inventory – Cost inventories, Exclusion from the cost

of inventories, Valuation of inventory – Specific identification method, First-in First- out

method, Weighted Average cost, Standard cost, Retail inventory method, Net realizable

value, Valuation of containers and empties, Corporate Accounting practices. (Problems)

Accounting For Cash Flow Statement AS -3 04 hours


Cash flows- Defined- Cash flows components- Operating activities, Investing activities,

Financing activities, Cash flow from foreign currency transactions. Treatment of tax,

Investment in associates, subsidiaries and joint ventures, Acquisition and disposal of

subsidiaries, Non- cash transactions, Cash and cash equivalents, Advantages of cash flow

statements, Preparation of cash flow statements.

Revenue Recognition AS -9 03 hours


Revenue definition- Exclusions- Revenue from sale of goods, Revenue from rendering

services, Revenue from use of resources by others- Disclosure requirements- Timing of

revenue recognition.

Accounting For Fixed Assets AS -10 04 hours


Definition, Gross and net book value, Composition of cost, components of cost,

Improvements and repairs to fixed assets, Retirement and disposal. Revaluation, Principles

governing the revaluation. Disclosure; Corporate practices. (Problems)

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Effects Of Changes In Foreign Exchange Rates AS- 11 04 hours


Need and objective, Scope and applicability, foreign currency transactions, Definitions,

Classification for accounting treatment - Category- I-Foreign currency transactions;

Category- II-Foreign operations; Category- III-Forward exchange contracts. Accounting

treatments and disclosure.

Accounting For Investments AS-13 03 hours


Investment defined, Exception, Classification of investment, Cost of investments, and

Valuation of investments. Disposal of investments, Re-classification of investment,

Disclosure of investment in the financial statements. (Problems)

Accounting for Retirement Benefits AS-15 04 hours


Meaning, Accrual system of accounting for retirement benefits, Types of retirement benefits-

Defined contribution scheme, Defined benefit scheme and their accounting principles and

accounting treatment. Employee Stock Option and its accounting treatment.

Borrowing Cost AS- 16 04 hours


Meaning and coverage, Qualifying asset, Recognition of borrowing cost, Eligible items for

borrowing cost, Specific borrowing, General borrowing, Capitalisation ceiling,

Commencement of capitalisation, Conditions for capitalisation, Suspension of capitalisation,

Cessation of capitalisation. (Problems)

Segment Reporting AS- 17 05 hours


Meaning, Objective, Need for segment reporting. Types: Business segment, Geographical

segment, Segment revenue, Segment expenses, Segment result, Segment assets, Segment

liabilities, Primary and secondary segments. Corporate practices.

Earnings Per Share AS- 20 04 hours

Focus: Conceptual and Analytical

Financial instrument, Financial asset, Financial liability, Potential equity share. Basic

earnings, Basic EPS, Diluted earnings, Diluted EPS, Weighted average, number of equity

shares, Concept of equivalent units: Partly paid shares, Bonus issue, Right issue, Splits or

consolidation. Buy back of shares, Disclosure requirements. (Problems)

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Interim Financial Reporting AS- 25 04 hours


Meaning, Financial statements, Need, Principles of recognition and measurements, Form and

contents of interim financial statements. Disclosure requirements.

Intangible Assets AS- 26 05 hours


Asset- Meaning, Types – Intangible assets- Meaning, Unidentifiable, Acquired identifiable,

Internally generated identifiable intangible asset, Characteristics, Cost of intangible assets,

Research and development, Accounting treatment of research and development cost,

Determination of cost of internally generated brands, Amortization of intangibles – Different

methods, Retirement and disposal, Disclosure of corporate practices.

Prescribed Text Book:

D.S, Rawat. (2012). Accounting Standards. New Delhi: Taxmann Allied Services (p) Ltd.

References:

Anthony R. N., James (2012). Accounting Principles. New Delhi: AITIBS.

Jawaharlal. (2012). Accounting Theory. Bombay: Himlaya Publishing House.

M.P, Vijay Kumar. (2012). First Lessons on Accounting Standards. Mumbai: Snow

White Publications Pvt. Ltd.

N.D, Gupta. (2012). Accounting Standards. New Delhi: Sultan Chand and Sons.

Jain., Narang. (2012). Accounting Theory. New Delhi: Kalyani Publishers.

Porwal, L. S. (2012). Accounting Theory. New Delhi: TMH.

Evaluation Pattern

Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)

and attendance (5%). CIAs are opportunities to engage in the course and learn continuously

as the course progresses, and will have multiple components.

1. CIA Components

Individual Assignments with Annual Reports of Companies (10 marks):

Procuring Annual Reports of Companies -Individual Copies- Analysis and

Interpretation of Financial Statements as per Accounting Standards.

Understanding the Application of Accounting Principles & Concepts in Annual

Reports.

Preparing Cash Flow Statement from Annual Report and Interpretation.

Identification of Various Methods of Inventory Valuation as per Accounting

Standards.

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Online Test Using Moodle- 10 marks

This component tests familiarity and understanding the content of the course. Students

who regularly attend classes and read the text and other relevant materials will be able

to do well in the Quiz. The test will be conducted online using the course Moodle

page.

Case Studies

Analysis of cases relating to each unit. Detailed discussion and analysis. Evaluation

based on active participation during discussions.

Moodle Discussion Forums (10 Marks):

To continue classroom discussions and share relevant insights, the instructor would

start some online discussion in the course’ Moodle page. Students are required to

contribute to the discussion with their original ideas. Copy & Paste from any source is

strictly forbidden. Original posts should contain a minimum of 150 words and

comments to others posts should have a minimum of 75 words. Grading will be on the

basis of quality of the reflections.

2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.

The question paper pattern will be as specified below:

Sections Type Marks

A Short Answer Questions 4 X 5 = 20

B Conceptual / Descriptive Type questions and problems 10 x 2 = 20

C Case Study 10 x 1 = 10

3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.


Sections Type Marks

A Short Answer Questions 7 X 5= 35

B Conceptual / Descriptive Type questions and Problems 10 x 5= 50

C Case Study 15x1=15

COURSE: ORGANIZATIONAL BEHAVIOUR

CODE: MCO 102 CREDITS:03

Course Description:

Effective management of human resources within organizations requires an understanding of

various behaviour and processes. Organizational Behavior is a study that investigates the

impact that individuals, groups and structure have on behavior within an organization, and

then applies that knowledge to make organizations work more effectively. The course will

focus on how managers can improve productivity, reduce absenteeism and turnover, and

increase employee citizenship and job satisfaction. This knowledge of individuals'

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perceptions, motivational attitudes and behaviour will enable students to not only understand

themselves better, but also to adopt appropriate managerial policies and leadership styles to

increase their effectiveness. The focus of instruction will move progressively through the

individual, group and organizational levels of behaviour and will examine the

interrelationships of behavioural phenomena among these levels. Additionally, concepts such

as motivation, conflict and negotiation, organizational culture, organizational change, group

dynamics, and leadership and their relevance to organizational behaviour will be examined in

detail.

Learning Outcomes

Upon completion of this course, the student will be able to:

Develop an understanding of the key concepts, research and theories of organizational

behaviour.

Learn how managers deal with the challenges of globalization, diversity, ethics and

technology.

Explain how individual differences in personality, perception and attribution

contribute to organizational behavior.

Learn the theories of work, motivation, and behavior.

Describe the effect of learning, goal setting, and performance in organizations.

Recognize the concepts of stress, conflict, well-being, and the consequences within

the organizational setting.

Explore deeply one’s perceptions and understand its influence on forming prejudices

and biases.

Enhance the interpersonal processes of communication, team work, and decision

making.

Develop group dynamic and team skills.

Understanding how power and politics influence organizational behavior.

Describe the traits of effective organizational leadership and followership.

Learn about the nature of conflict and negotiation in organizations.

Understanding organizational processes, design, structure and culture.

Understand how organizational culture and change contribute to the behavior of the

organization.

Gain tools for managing your own career within the world of business.

Level of Knowledge

As a prerequisite, the students should be having basic knowledge about concepts

relating to organizations, business, and business management.

Unit – I Organizational Behavior: 12 hours


Meaning and Definition– nature – goals – elements – Fundamental concepts –approaches to

the study of Organizational Behavior. Historical development of Organizational Behavior.

Model of Organizational Behavior. Challenges and opportunities for OB – Responding to

Globalization-Managing work force diversity-Improving Customer Service-Coping with

―Temporariness‖-Helping Employees Balance Work-Life Conflicts-Improving Ethical

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Behavior. Meaning of stress – stress levels - sources of stress – consequences of stress –

stress management techniques.

Unit – II Individual Behavior: 03 hours


Factors Influencing Individual Behavior-Environmental Factors-Personal Factors-

Organizational Systems and Resources-Psychological

Unit – III Personality: 07 hours


Meaning and Definition – determinants of personality – personality traits-Authoritarianism,

Locus of Control, Machiavellianism, Introversion and Extroversion, Achievement

Orientation, Self-Esteem, Risk-taking, Self-Monitoring. Theories of Personality-Type

Theory-Trait Theory-Psychoanalytic Theory-Social Learning Theory. The shaping of

Personality-Freudian Stages-Neo-Freudian Stages-Cognitive Stages, Personality Job-fit

theory.

Unit – IV Perception 04 hours


Meaning and Definition-Perceptual Process–factors influencing perception-The link between

perception and Individual Decision Making – perceptual biases/errors – honing perceptual

skills

Unit – V Learning: 03 hours


Meaning – Theories of learning-Classical Conditioning, Operant Conditioning, and Social

Learning. Principles of learning

Unit – VI Motivation: 06 hours


Meaning – Theories of motivation (Content theories: Maslow’s, Herzberg’s, Alderfer’s and

Mc Clelland’s theories) Process theories: Equity theory of Stacy Adam’s and Vrooms

Expectancy theory

Unit – VII Group Dynamics: 10 hours


Meaning and definition of a Group-Classification of Groups-formal groups – informal groups

– command group – task group – interest group – friendship group. Stages of group

development. Group properties: roles, Norms, Status, Size and Cohesiveness. Group

behavior: required and emergent behavior. Group Decision Making – group versus the

individual – strengths and weaknesses of group decision making. Groupthink and Group

shift. Group decision-making techniques. Group effectiveness.

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Unit – VIII Conflict And Negotiation: 06 hours


Meaning and Definition of Conflict – The conflict process. Functional and Dysfunctional

conflict – Levels of Conflict – Intra-individual conflict – Inter-personal conflict – inter-group

conflict. Conflict Resolution Strategies. Negotiation – Bargaining Strategies. The Negotiation

process. Issues in Negotiation.

Unit – IX Organizational Culture: 05 hours


Definition – Strong versus weak cultures – culture versus formalization. Culture’s functions.

Culture as a Liability. Creating and Sustaining Culture. Creating an Ethical Organizational

Culture. Creating a Customer-Responsive Culture. Spirituality and Organizational Culture.

Unit – X Organizational Change 04 hours


Meaning of Change – forces for change. Managing planned change. Resistance to change –

overcoming resistance to change. Approaches to Managing Organizational Change.

Essential Reading:

Robbins, S., Judge, T., & Vohra, N. (2011). Organisational Behaviour (14 ed.). Delhi:

Pearson /Prentice Hall.

References:

1. Robbins, S. P., & Judge, T. (2007). Organizational behavior. Upper Saddle River,

N.J: Pearson/Prentice Hall.

2. Fred Luthans (2008). Organizational behavior (11 ed.). Mass, Boston: McGraw-

Hill/Irwin.

Evaluation Pattern




CIA Components

Multiple Choice Quizzes (20 Mks)

This component tests familiarity and understanding the content of the course. Students who

regularly attend classes and read the text and other relevant materials will be able to do well

in the Quiz.

OB Journal (10 Mks): The purpose of OB journal is the active participation in the

class and developing analytical and critical thinking on various topics of the course.

This is achieved through regular note-taking, add insights from your related library

and online research, write case study answers and other reports assigned by the

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instructor. The grading will be on the basis of relevant content, depth of analysis,

grammar, spelling, and neatness.

Moodle Discussion Forums (10 Mks): To continue our classroom discussions and

share your relevant insights, the instructor would start some online discussion in the

course’ Moodle page. You are required to contribute to the discussion by your

original ideas. Copy & Paste from any source is strictly forbidden. Original posts

should contain a minimum of 150 words and comments to others posts should have a

minimum of 75 words. Grading will be on the basis of quality of the reflections.

Individual Writing Assignments (20 Mks): The objective is to develop writing and

research skills of the students. You are required to follow APA format for any

referencing. General rubrics for assessing essays will be followed for grading

purpose.

Group Projects (40 Mks): Group projects will involve working with your peers

outside of class on a specific project. It gives the opportunity to apply what is learnt

about OB and to work in teams with a deadline.

Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.


Sections Type Marks

A Short Answer Questions 4 x 5 = 20

B Conceptual / Descriptive Type questions 2 x 10 = 20


End Semester Exams: 100 marks paper to be completed in 3 hours duration.


Sections Type Marks


B Conceptual / Descriptive Type questions 5 x10 = 50


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COURSE: COST ACCOUNTING


Course Description:

This paper is offered as a core paper in the first semester. It develops cost control attitude and

prepares students for careers in the areas of finance and costing. Preparation of cost sheet,

understanding the different types of cost involved, methods of valuing material and inventory

control, risks involved in managing the labour and methods used for valuing the labour cost,

labour turnover and causes of labour turnover fixation of wages with and without bonus

plans, identification of various overheads incurred combinedly for both production and

service departments and allocation of these on various basis to individual departments in

order to find out the total overhead incurred.

Objectives:

To enable the students to have an in-depth knowledge about cost concepts and

elements of cost.

To help them to understand its application in various organizations

Learning Outcomes:

1. Students should acquire an in-depth knowledge on material management and should

be able to advice the clients the ways by which cost reduction can be adhered through

effective material management.

2. Students should acquire an in-depth knowledge on labour management and should be

able to advice on controlling the labour cost.

3. They must be well versed in overhead accounting and recovery of overheads and also

should be in a position to advice clients in respect of effective overhead management

Level Of Knowledge

To do this course the students should be from B.com or BBM background.

Unit – I Introduction: 06 hours

Focus: Conceptual

Meaning, objectives, advantages, costing system, characteristics of ideal costing system,

methods of costing, types of costing, elements of cost, classification of cost, cost concepts –

cost, cost centre, profit centre, cost accounting Vs financial accounting, cost accounting Vs

management accounting

Unit – II Material Cost: 18 hours

Focus: Advanced

Meaning, classification, material control, need or objectives of material control; Purchase

control – Purchase department, objectives of a separate purchase department, purchase

officer’s functions of purchase department, purchase procedure, centralized purchasing;

Stores control – stores department, its location and layout, classification and codification,

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Standardization and simplification; Types of stores – Centralized, decentralized, centralized

stores with sub stores.

Stores records – Bin card, stores ledger, control over material issues – material requisition,

bill of materials, different methods of valuing material issues; Techniques of material control

– different stock level setting, EOQ, just in time inventory system, ABC analysis, VED

analysis, perpetual inventory system, FNSD analysis; Material losses – different types of

losses and their accounting treatment; Corporate practices with respect to: Purchase

procedure, different stock level setting and issue procedure of pricing, Application of ERP

system for the material management.

Unit – III Labour Cost – Accounting And Control: 18 hours

Focus: Advanced

Direct and Indirect labour, labour cost – various components, controlling the labour cost, role

of personnel department, time keeping department, payroll department, cost accounting

department. Labour turnover – causes and effects, cost of labour turnover – preventive cost,

replacement cost, labour productivity and its measurement, Measures of labour performance

and cost; Idle time, overtime, accounting treatment; Remuneration of incentives – essentials

of a good wage system, systems of wage payment – time rate, piece rate, premium and bonus

plans. Corporate practices with respect remuneration and incentives in manufacturing sector

services sectors. Labour turnover rate in different industries, Application of ERP system for

labour cost management.

Unit – IV Overhead Cost: 18 hours

Focus: Advanced

Meaning, classification of overhead costs – functional, behaviour, nature, element wise

allocation and apportionment of production overheads, basis of apportionment, methods of

re-apportionment, absorption of overhead- meaning, overhead, absorption rates, different

methods of absorption of manufacturing overhead – direct material, cost method, direct

labour cost method, prime cost method, direct labour hour method, machine hour rate, rate

per unit of production, sales price method, under-absorption and over absorption of overheads

accounting for administration overheads, accounting for selling and distribution overheads,

control of selling and distribution overheads. Corporate practices with respect to overhead

accounting and recovery, Application of ERP system for Overhead Cost management.

Essential Reading

1. Narang, J. (2012). Cost accounting. (23rd Rev ed.). New Delhi: Kalyani Publishers.

2. Arora , M. N. (2012). Cost accounting. (3rd ed Reprinted ed.). Mumbai: Himalaya

Publishing House.

References

Wilson, M. (2012). Cost accounting. (4 th ed.). Mumbai: Himalaya Publishing House.

Lal, J. (2009). Cost accounting. (4 th ed.). New Delhi: Tata Mc Graw Publishing

Company Ltd.

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Evaluation Pattern

CIA-1: Mid Semester Exams 50 marks paper for 2 hours.

Sections Type Marks

A 4 Out of 6 = 4*5 20

B 2 Out of 4 = 2*10 20

C 1 case study = 1*10 10

Total 50

CIA-2: Moodle Test -10 marks

Individual Presentation- 10 marks

CIA-3: Individual Presentation based on Course Topic- 20 marks

End Semester Exams: 100 marks paper for 3 hours.

Sections Type Marks

A 7 Out of 10 = 7*5 35

B 5 Out of 7 =5*10 50

C 1 case study = 1*15 15

Total 100

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COURSE: RESEARCH METHODOLOGY

CODE: MCO104 CREDITS: 03

Course Description:

Research Methodology introduces the nature of Social and Business research, and provides

the techniques of research. It helps the students to understand the Research Design, methods

of Data Collection, Sampling, Hypothesis, processing and Interpretation of data and

preparation of reports. It also introduces the learner to the various methods for testing of

hypotheses and software packages used in research.

Learning Outcomes:

Provide an overview of the research process

State clearly their research problem and associated research questions arising,

including both descriptive and either explanatory or exploratory questions

Conduct a preliminary literature review of the concepts comprising the research

questions

Set out the main elements of a potential research instrument for testing the hypotheses,

including a critical and comparative analysis of the proposed instrument

Understand how to classify and present data associated with hypothesis testing

Understand how to interpret data gathered to test proposed theory

Set out limits and implications of a research study in preliminary form

Prepare a mini-dissertation research proposal

Prepare a research plan

Level Of Knowledge


relating to research & research methodology.

UNIT-I Introduction 15 hours


Research: Meaning – Purpose- Types of research-significance of research in Social and

Business Sciences. Steps in Research: Identification, selection and formulation of research

problem- Research questions-Research design- Formulation of hypothesis- Review of

literature

Unit – 2 Collection Of Data 14 hours


Data for Research: Primary data-Meaning-Collection methods-Observation – Interview-

Questionnaire-Schedule-Pretest-Pilot study –Experimental and case studies- Secondary data-

Meaning – Relevance, limitations and cautions

Unit – 3 Sampling 10 hours

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Sampling Technique: Sampling theory-Types of sampling-Steps in sampling- Sampling and

Non-sampling error-Sample size –Advantages and limitations of sampling

Unit 4 Data Analysis 15 hours


Processing Data: Checking- Editing-Coding- transcriptions and Tabulation- Data analysis-

Meaning and methods- Quantitative analysis: measurement scales, Application of statistical

tools in social science research- Correlation, Regression, T-test, F-test, Z-test, chi-square,

Anova - Hypothesis testing and estimation, important parametric and non-parametric tests,

and Qualitative analysis.

Unit 5 Research Report 06 hours

Focus: Conceptual And Working

Introduction, target audience - types of report-contents of report – style of reporting -

planning of report- steps in drafting reports - format of research report - Documentation:

Foot notes and Bibliography, Evaluation of report-writing.

Essential Reading

Krishnaswami, O.R (2011). Methodology of Research in Social Science. Himalaya

Publishing House.

References

Kothari,C.K (2009). Research Methodology. New age international.

Saravanavel, P.P (2012). Research Methodology. Kitab Mahal Distributors.

Evaluation Pattern




1. CIA Components

Multiple Choice Quizzes (20 Marks:) This component tests familiarity and

understanding the content of the course. Students who regularly attend classes and

read the text and other relevant materials will be able to do well in the Quiz.

RM Journal (10 Marks): The purpose of RM journal is the active participation in the




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Moodle Discussion Forums (10 Marks): To continue our classroom discussions and






Individual Writing Assignments (20 Marks): The objective is to develop writing and



purpose.

Group Projects (40 Marks): Group projects will involve working with your peers


about RM and to work in teams with a deadline.



Sections Type Marks

A Conceptual / Descriptive Type questions 4 x 5 = 20

B Analytical / Essay Type Questions 2 x 10 = 20

C Case analysis 1 x 10 = 10



Sections Type Marks

A Conceptual/descriptive Type questions 7X 5 = 35



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COURSE: QUANTITATIVE TECHNIQUES


Course Description:

This course enables the students to know the scientific approach to decision making when

solving business problems. Several methods are introduced in applying mathematics to solve

management problems quantitatively. The determination of the most efficient use of limited

resources in maximizing some measure of benefits could be solved using the graphical

method or algebraic method. Determining the most profitable distribution pattern for

transporting products from factories to markets, and determining the best way to assign a

number of objects to a number of other objects are other major problems handled in this

course. Models are presented for making decisions when the payoff to the decision maker

depends on the decision made and an event occurs after the decision is made.

Learning Outcomes

Understanding quantitative techniques for solving business problems pertaining to different

functional areas of an organization. Critically evaluate the applicability of various quantitative techniques in different business

environment setups. Assimilate various business situations in applying quantitative techniques to get optimal

solutions for the organizations

Level Of Knowledge

As a prerequisite, the students should be having basic knowledge about concepts relating to

quantitative techniques.

Unit 1: Quantitative Techniques 06 Hours


An introduction ; Meaning of QT; Classification of QT; Statistical techniques; Operations

techniques ;Role of QT in business & industry; QT & business management; Limitations of

QT.

Unit 2: Liner Programme 12 Hours


Formulation of LP problem; Characteristics of LP Problem; Solution by graphical method;

Simplex method; Dual of a linear Programming; Sensitivity analysis

Unit 3: The Transportation Problem 14 Hours


21

The general structure of the problem; solving a transportation problem; to find an optimal

solution; Variations in transportation problem; Post optimality analysis; the assignment

problem

Unit 4: Networking Analysis: PERT & CPM 14 Hours


PERT – background & development; Networking; Estimating the activity time;

Determination of earliest expected & latest allowable times; Determination of critical path

method; Crashing a project; Scheduling of a project; Applications of PERT & CPM

Unit 5: Decision Making Under Uncertainty 08 Hours


Different decision criteria; Decision tree; Simulation – model building; Areas of application

Unit 6: Statistical Quality Control 06 Hours


Introduction; SQC technique; Process control – control charts Control charts for variables –

X chart & R chart; Advantages of SQC

Essential Reading

Srivatasava,U.K, Shenoy and Sharma, (2012), 'Quantitative Techniques for Managerial Decision

Making', 3rd Ed., Wiley Eastern,.

References:

Anderson, Sweeney, Williams (2006), Quantitative Methods for Business, 10e, India Edition,

South Western, Cengage Learning

Sharma, J.K. (2001), Quantitative Techniques for Managerial Decisions, MacMillan

Wiseneisnki, M. (2009), Quantitative Methods for Decision Making, 5e, Pearson Education

Anderson, Sweeney, Williams (2005), An Introduction to Management Science, India Edition,

South Western, Cengage Learning

Taha, Natarajan, Balasubramanie, Tamilarasi (2008), Operations Research: An Introduction,

8e, Pearson- Prentice Hall

Evaluation Pattern




22

1. CIA Components

Multiple Choice Quizzes (20 Marks): This component tests familiarity and



QT Journal (10 Marks): The purpose of QT journal is the active participation in the















purpose.



about QT and to work in teams with a deadline.



Sections Type Marks



C Case analysis 1 x 10 =10



Sections Type Marks

A Conceptual/descriptive Type questions 7X 5 = 35



23

COURSE: BUSINESS ETHICS AND CORPORATE GOVERNANCE


Course Description:

Business ethics and corporate governance is a paper by research. It is designed to give the

students an insight of the governance in the business. It ensures that students get a clear

understanding as to what ethics are and how they should be incorporated in the business. This

paperenable’s students to critically examine ethical dilemmas and to understand the

importance of governance mechanisms in a globalized economy.

Learning Outcomes:

Evaluate the importance of ethics.

Understand the method of implementing ethics in business.

Analyze the sources of ethics.

Gain insight into the philosophies of ethics.

Comprehend strategic business unit

Ascertain the ethical dilemmas.

Understand the procedure of ethical decision making.

Compare the corporate governance worldwide.

Level of Knowledge


business ethics, and corporate governance.

Unit 1: Nature of Business Ethics And values 06 Hours


Ethics, ethics in business-Sources of ethics- religion, philosophical systems, cultural

experience, legal system – importance of ethics. Factors influencing business ethics-

leadership, strategy and performance, environment, corporate culture, individual

characteristics.

Categorical imperative of Immanuel Kant, conventional ethics of Albert Z. Carr, the doctrine

of the mean Aristotle, the ends – means ethics of Machiavelli, might- equals –right approach

of Marx, utilitarian ethics of Stuart mill

Unit 2: Theories Of Business Ethics 06 Hours


24

-The institutionalization of business ethics-Implementing business ethics in global economy,

Adapting Ethical Systems to a Global Framework, globalvalues, World trade organization-

External context ecology, ethics of control-Emerging business ethics issues.

Unit 3: Ethical Decision Making 10 Hours


-Attitudes and beliefs, decision process of groups, market forces, listening to inner voice,

decision process in competitive pressures, ethical decision making, -Difficulties in decision

making- dilemmas -Power and politics in organizations- suggestions for ethical decision

making

Unit 4: Managing Ethics 06 Hours


-Codes of ethics, building value system, setting standards from the top –why do people do

wrong-ethics committees, ethics hotlines, and ethics training programmes laws enforcing

ethical conduct.

Unit 5: Ethics In Marketing, HRM, Finance And Accounting 10 Hours


Ethics in HRM, Marketing, Finance and Accounting, HRM functions , Ethics in HRM, Cash

and incentive plans, performance appraisal, race and disability, employment issues, privacy

issues, restructurings and layoffs, wages. Empowerment of the weakest and unique and

balance of power– sexual harassment.

Ethics in marketing- marketing today, ethics in marketing Process relative ethics (use of

marketing strategies), product relative ethics (appropriateness of marketing certain products),

competition relative ethics (pricing, advertising, piracy, predatory.)

Ethics in finance and accounting- Finance functions, ethics in Finance and accountancy,

investment decisions, disclosure norms, insider trading norms- disclosures in financial

statements.

Unit 6: Ethics In Global Business 08 Hours


-Ethical principles governing global business (Model Business principles by US department

of Commerce. The Caux Principles, International codes), ethics, relation to adapting host

countries culture and norms, issues relating negotiators and gift giving, providing access to

less developed countries, avoiding sanctions, protection of intellectual properties.

-National differences in business ethics, pressures for ethical convergence, ethical principles

governing global business.

-Ethical principles governing global business (Model Business principles by US department

of Commerce. The Caux Principles, International codes), ethics, relation to adapting host

countries culture and norms, issues relating negotiators and gift giving, providing access to

less developed countries, avoiding sanctions, protection of intellectual properties.

-National differences in business ethics, pressures from ethical convergence, ethical

principles governing global business.

25

Unit 7: Corporate Governance 08 Hours


– Defining Corporate Governance –the contest, Socio-economic character of business, core

values, business purpose, structural and organizational aspects ,International experiences-

Corporate governance in France, UK, Germany, USA, Japan. The agenda for India.

-Codes of Corporate Governance as recommended by the Confederation of Indian Industry

(CII) for effective corporate Governance in India.

Essential Reading

Hartman, Laura P. (2011). Perspectives In Business Ethics (2nd

ed.).Los Angeles,McGraw-

Hill.

References:

Fernando A.C. (2010). Business Ethics And Corporate Governance .Upper Saddle

River, N.J: PublisherPearson Education.

Steiner and Steiner( 2010). Government and Society(12th

ed.). Los Angeles, McGraw-

Hill.

Evaluation Pattern

Grading in the course will be out of 150 marks, out of which 50 marks are allotted to the

research work, i.e. 30 marks for research material, 10 marks for attending the library and 10

marks for interaction with the guide.100 marks will be for the end semester examination and

CIA.

CIA Components:

CIA1-Midsemester exam

CIA2-Class test and Moodle test

CIA3-Individual Presentation

1. CIA Research Component

Library work (10 Marks): The purpose of library work is to instill in students

research culture. Here the students will be spending time in library and researching

their topics which they will write in a journal. The grading will be on the basis of

relevant content, depth of analysis, grammar, and citation.

Student Interaction (10 Marks): the students will be interacting with the guide and

will discuss about the progress of their research. The students should raise any issues

faced while the research is being conducted by them.

Written test (10 marks): A written test will be conducted for the students as one of the

components. Only the portion assigned to them for research, will be included for this

purpose.




26




Individual Presentations (20 Marks): The objective is to develop presentation skills

of the students. The students are required to present the topic which they researched in

library in detail. Marks are allotted on the basis of content and innovative presentation

style.

Strategic management Research Material (30 Marks): At the end of the

presentations, all the material collected by the students will be compiled in a book.

This will be the final research material, with uniform style covering the entire course

work done by students.


The groups will have questions only from the topics assigned to them for mid-

semester examination.


Sections Type Marks


B Analytical\Essay type questions type questions 2 x 10 = 20

C Case analysis 1x 10 = 10



Sections Type Marks




COURSE: BUSINESS INFORMATION SYSTEMS


Course Description:

The course Business Information system introduces the learners to the vital concepts of

information systems, hardware and software components, data and information,

27

telecommunications, e-commerce and decision support systems.

Learning Outcomes:

To familiarize the students with fundamental framework for information system

application organizations.

To enable the students to identify various information systems solutions in business

operations

Level Of Knowledge

Basic and Conceptual

Unit – I: An Introduction To Information Systems In Organizations 07 hours

Focus: Conceptual

Definition – Components of MIS - Purpose – Objectives – Need – Data Vs information –

data administration – data planning- Database administration – organizational dimensions of

information – global technological footprint – BPO’s & KPO’s – information outsourcing –

horizontal & vertical integration of information systems.

Unit – II Hardware And Software 04 hours

Focus: Conceptual

Computers by size – PDA’a, notebooks, Desktops, Minicomputers, mainframe computers,

super computers – Application software – System Software – Hardware Common input

devices, output devices, CPU’s, RAM, storage devices, Telecommunication Devices.

Unit – III Organizing Data And Information 05 hours

Focus: Conceptual

Data – file concepts – database – file management vs database management - Hierarchical

model - Network Model - Relational Database Model – Database Management System Tools

– Data warehousing – Data Mining – Managing information resource in an organization –

online transaction processing – batch processing – real-time processing.

Unit – IV Telecommunications, The Internet, Intranets, And Extranets 08 hours

Focus: Conceptual

World wide web – websites, blogs, , P2P, C2C – Search engines, Ajax, Online applications –

web OS – Web 2.0 – Communication software – lan, wan, man, Internet – Components of

Internet – Business use of the Internet – Categories of Internet – Introduction to Intranet –

28

Advantages and disadvantage of Intranet – Components of Internets Information Technology

Structure – Introduction to Extranet – Definition of Extranet – Application of Extranet –

Relationship between Internet, Intranet and Extranet – Difference between Internet and

Extranet

Unit – V Application Of E-commerce 10 hours

Focus: Conceptual

Basic in E-commerce – Introduction to E - commerce Modules – B2B Modules, Advantages

and disadvantages of B2B – B2C Modules – Electronic Retailing and malls. The process of

electronic shopping, Electronic Catalogs, interactive advertising and marketing – Benefits

and limitations of internet advertising – Impact of E- commerce on business, opportunities in

E- commerce

Unit – VI Information And Decision Support Systems 08 hours

Focus: Conceptual

Decision support systems – Group Decision support systems – Executive Support Systems –

DSS tools – DSS software. Specialized Information Systems: Artificial Intelligence, Expert

Systems, Virtual Reality, and Other Systems:

Unit – VII Portals And Gateway 06 hours

Focus: Conceptual

Introduction to Portals – Definition of Portal – Function of Portals – Portal Technologies –

Features of Portals – Portals in India – Advantages of Portals – Electronics Commerce Portals

– Introduction to Gateway – Proxy Application Gateway – Proxy Gateway Advantages – EDI

Gateways – Payment

Unit – VIII Systems Development And E-Commerce Supporting Functions 06 Hours

Focus: Conceptual

Systems development cycle – knowledge workers and their role in the cycle. Enterprise

resource planning – computer aided design. Purchase and sale procedure, Supply Chain

Management [SCM], Definition of SCM – Value chains in e-commerce, Value chain

management – Electronic Payment system authentication of payment, mode of payment.

Electronic credit and debit cards, smart cards and electronic cash – digital signature,

electronic certificate, secure electronic transaction protocol. ERP, CRM, TQM, business

process reengineering (BPR), SWOT analysis.

Unit – IX Internet Security 06 hours

Focus: Conceptual

Introduction to Internet Security – Secure Transactions – Computer Monitoring –

Privacy Issues – Privacy on the Internet – Corporate E-mail privacy – Computer

Crimes – Types of Computer Crime – Specific Threats – Attacks on Computer

29

Systems – Major types of Security Problems/Common Threats – E-Commerce

and Security – Security for Internet Trading – Electronic Security Challenges

Essential Reading

Stephen Haag, Maeve Cummings, McCubbrey J,(2002), Management Information Systems

for the Information Age, McGraw-Hill Companies.

Recommended Reading

Murthy C.S.V, (2009), Management Information Systems, Himalaya Publishing

house.

Leonard Jessup & Joseph Valacich, (2007), Information Systems Today: Managing in

the Digital World (3rd Edition), Prentice Hall.

Murthy C.S.V, (2002), E-commerce: Concepts Model Strategies, Himalaya

Publishing House

Whiteley D, (2000), E-Commerce: Strategy, Technologies and Applications, McGraw

Hill,

Evaluation Pattern




CIA Components

CIA 1: Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.


Sections Type Marks




CIA 2: Components:

Multiple Choice Quizzes (10 Marks)



to do well in the Quiz.

Individual Presentation (10 Marks)

This component tests the understanding of the latest technology in business

information system

CIA 3 Components:

Subject Teaching (5 Marks)

http://www.amazon.com/exec/obidos/search-handle-url/104-7493270-9288702?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Maeve%20Cummings

http://www.amazon.com/exec/obidos/search-handle-url/104-7493270-9288702?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Donald%20J.%20McCubbrey

http://www.amazon.com/exec/obidos/search-handle-url/104-7493270-9288702?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Leonard%20Jessup

http://www.amazon.com/exec/obidos/search-handle-url/104-7493270-9288702?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Joseph%20Valacich

30

Topics relevant to the curriculum will be assigned well in advance to the learners. The

learners go refer various literatures on the topic and actively participate in the class

room discussion. This component helps in improving class participation.

Group presentation (15 Marks) Group presentations will involve working with your peers outside of class on specific

topics. It gives the opportunity to apply what is learnt about international business and

to work in teams



Sections Type Marks

A Conceptual/descriptive Type questions 7 x 5 = 35



COURSE - DIRECT TAXES

CODE - MCO 203 CREDITS: 03

Course Description:

The subject equips students with tools to effectively manage income and expenditure and

offers a better understanding of tax savings. It provides basic understanding of tax concepts

and familiarize with filing of tax returns for different heads of income. Students will be

gaining knowledge about taxation and methodology based on practical aspects.

Learning Outcomes:

To familiarize the students in computation of Total income and Tax liabilities.

To know applications of tax provisions in various cases

To get knowledge of various tax incentives and benefits under direct taxes

To gain knowledge on procedural aspects for filing tax returns for various assesses

and other statutory compliances

Level Of Knowledge

Should know the basic taxation. (Background in commerce)

Unit – I Introduction 08 hours

Focus – Basic And Conceptual

The Income Tax Act 1961 The Finance Act Benami Transactions Act 1988 Tax Planning;

Basic concepts : Agricultural income, Assessee, Assessment year, Average rate of tax,

income of person, gross total income, Previous year, Charge of income Tax; Capital and

31

Revenue : Receipts capital or revenue expenditure, residence and Incidence of Tax:

Residence Determination of the Residential status Tax Free Incomes.

Unit – II Heads Of Income 25 hours

Focus – Understanding of Filing Of Income Tax Returns

Computation of Income from salaries, Income from house property Profits and gains of

business or profession, Capital gains, Income from other sources; computation of total

income and Tax liability

Unit – III Depreciation 04 Hours

Focus – Valuation Concepts

Conditions for charge of depreciation-Assets-used for business-New method of charging

depreciation-Block of assets-Rates of depreciation-Actual cost of assets-written down value

of assets-Types of depreciation- computation of depreciation-Misc. provisions about

depreciation

Unit – IV Clubbing, Aggregation And Set-off 08 Hour


Clubbing, aggregation and set off:

Clubbing of Income, Transfers Income of individual to include income of spouse etc.

Liability of person in respect of income included in the income of another person,

aggregation of income set off losses; Early forward and set of losses, Deductions from gross

total income and rebate of Tax.

Unit – V Assessment 04 Hours


Assessment of individuals, Hindu undivided families, partnership firms and companies-

theory only

Unit – VI Tax Administration 08 Hours

Focus – Basic And conceptual

Income tax authorities Procedure for assessment Deduction of tax at source: salaries, interest

on securities. Dividends, winnings from lottery or cross word puzzles, winnings from horse

races. Insurance commission Penalties imposable and prosecution.

Unit – VII 03 Hours

Focus – Basic And conceptual

32

Tax audit as per the provisions of section 43 B of Income tax act, 1961: Tax audit report and

non-compliance with the legal requirements

Essential Reading

Bhagawath Prasad, (2012), Direct Taxes Law and Practice,(29

ed), Wishwa

Prakashan, New Delhi.

S.Bhattacharya & H.R. Garg, Handbook of Direct Taxes (2012) Eastern Law House,

Calcutta.

Dinkar Pagare, (2012). Income Tax Law and Practice Sultan Chand & Sons, New

Delhi.

Singhania V.K.(2012). Direct Taxes Law & Practice, Taxman Allied Services

Pvt.Ltd, New Delhi

Recommended Reading

1. Kanga and Palkiwala, The Law and Practice of Income Tax (2012), Wadha, Nagpur.

2. K. Parameswaran, Power of Taxation under the Constitution (2012), Eastern,

Lucknow

3. Remesh Sharma, Supreme Court on Direct Taxes (2008), Bharath Law House,

New Delhi.

Evaluation Pattern




1. CIA Component

Multiple Choice Quiz Moodle test (20 Marks)




Income Tax text books and cases (10 Marks): The purpose of this MCQ is to

develop students to understand the subject in depth and know the minute details of

Taxation Laws.




purpose.

Individual presentation (10 Marks): students are assigned current and contemporary

topics relevant to the subject and course to make individual presentation. This

enhances the communication skill and improves the confidence of the student.

Case writing (10 marks): students are assigned topics to read a case study on a

particular topic and asked to condensed the case into small case lets. This enables

students to comprehend the case and present it in simple form.

.


http://webopac.puchd.ac.in/w27AcptRslt.aspx?AID=454735&xF=T&xD=0



33


Sections Type Marks

A Conceptual / Descriptive Type questions 5X4= 20

B Analytical / Essay Type Questions and problems 2 X10 = 20

C Case study 1X10 = 20



Sections Type Marks

A Conceptual / Descriptive Type questions 5X7=35

B Analytical / Essay Type Questions 10X5=50

C Case study 1X15=15

COURSE: FINANCIAL MANAGEMENT


Course Description:

Financial Management provides the knowledgebase for understanding the in-depth

knowledge of managing finance and enables students to understand the importance of time

value of money and the concept of wealth maximization. The subject equips students to apply

the right approach in terms of decision making in different situation to manage finance more

effectively.

Learning Outcomes:

Understand various concepts and problems of financial management

Better utilization of FINANCIAL resources and management of wealth

Awareness about the time value of money and wealth maximization

Explore different alternatives in different situations to maximize earning per share and

also dividend decision

Level Of Knowledge

As perquisites student should know basics of finance, source of finance and working capital

of the business organizations.

Unit – I Nature and Scope Of Financial Management: 05 Hours

Focus –Conceptual and Working Knowledge

34

Introduction; Definition and Scope of Corporate Finance; Importance of Corporation finance;

Finance function; Approaches to finance functions; Financial Management; Objectives of

Financial Management – Wealth Maximization, Profit Maximization & Maximizing the

Earning Per Share; Financial Decision; Financial Management Process; Functional Area of

Financial Management; Functions of Finance Manager; Organization of the Finance

Function.

Unit –II Time Value Of Money And Valuation Concepts: 05 Hours


Introduction; Concept of Time Value of Money; Techniques of Time value of Money;

Multiply Compounded periods; Doubling Periods; Effective Rate of Interest; Future Value of

an Annuity; Compound Value of an Annuity; Present Value Techniques.

Unit –III Cost Of Capital 08 Hours


Meaning, Concept and Definition; Significance of Cost of Capital; Cost of Debt and

Preference; Cost of Equity; Cost of Retained earnings; Determination of cost of Capital;

Weighted Average Cost of Capital; Floatation cost and Weighted average cost of capital.

Unit – IV Long Term Financing Decision: 10 Hours


Introduction; Sources of Long term Finance; Raising of Long term Finance – Venture

Capital, IPO, Right Issue, etc.; Meaning of Capitalisation; Need of Capitalisation; capital and

capitalisation; Over, Under and Fair Capitalisation their problems and benefits; Concept of

Capital Structure; Importance of Capital Structure; Assumptions of Capital Structure – Net

Income Approach, Net Operating approach, Traditional Approach; Essentials of a Sound

Capital Structure; Optimum capital structure; Point of Indifference; Capital Structure Policies

in Practice; Factoring Determining Capital Structure; Leverages – Meaning, Significance of

Leverages; Types of Leverages and Risk Factor.

Unit – V Investment Decision: 12 Hours


Meaning; Need and Significance of Capital Budgeting; Capital Budgeting Process; Project

Classification; Methods of Evaluation; Investment Criteria; Traditional Methods and

Discounted Cash flows Methods; Factors determining capital budgeting; Limitation of

Capital Budgeting; Risk Analysis in Capital Budgeting – Sensitivity Analysis, Break Even

Analysis, Simulation Analysis, Decision Tree Analysis.

Unit – VI Working Capital Management: 12 Hours


35

Meaning; Concept; Objectives; Kinds of Working Capital; Operating Cycle; Importance of

Working Capital; Dangers of Inadequate and Excessive Working Capital; Management of

Working Capital; Factors determining Working capital; Estimation of Working capital

Requirement. (Illustrations)

a. Cash Management – Motive of Holding cash; Cash budgeting; Cash collections and

disbursement; Options and Strategies for investing and Managing Surplus cash; Cash

Management Models. (Illustrations)

b. Inventory Management – Purpose/Benefits of holding inventory; Risk and cost of

holding inventories; Objectives of Inventory Management; Tools and Techniques of

Inventory Management. (Illustrations)

c. Credit Management – Cost of maintenance of Accounts Receivables; Forecasting the

receivables; Terms of Payments; Credit policy; Credit evaluation; Credit granting;

Collection policy; Controls of Accounts receivables. (Illustrations)

Unit – VII Dividend Policy: 08 Hours


Why firms pay dividends? Valuation of Firms; Types of dividends; Forms of Dividend;

Problems of irregular dividend; Determinants of Dividend Policy; Legal and Procedural

aspect; The Theory of Irrelevance; Residual Approach; Modigliani and Miller Approach; The

Theory of Relevance; Walter’s Approach and Gordon’s Approach.

Essential Reading

Shashi K. Gupta, Sharma R.k(2011). Financial management Theory and Practice (7 th

ed.).Delhi, India: Kalayani Publishers.

References:

Pandey I M (2009). Financial Management(9 th

ed.).India: Vikas Publishing House

Pvt Ltd .

Evaluation Pattern




1. CIA Components





36

Financial management text books and cases (10 Marks): The purpose of this

MCQ is to develop students to understand the subject in depth and know the minute

details of financial management










purpose.



about Cost Accounting and to work in teams with a deadline.



Sections Type Marks






Sections Type Marks




COURSE: MARKETING MANAGEMENT


Course Description:

37

Marketing is a value-enhancing function that identifies opportunities, develops markets, and

builds brands. Consequently, good marketing enables companies to charge price premiums,

sustain competitive advantage and maintain long-run profitability. To this end, the course is

designed to equip their analytical skills and to practically apply the concepts and make the

students understand the buying decisions of the consumers.

Learning Outcomes:

State the role and functions of marketing within a range of organizations.

Describe key marketing concepts, theories and techniques for analyzing a variety of

marketing situations.

Identify and demonstrate the dynamic nature of the environment in which marketing

decisions are taken and appreciate the implications for marketing strategy

determination and implementation.

Apply the introduced conceptual frameworks, theory and techniques to various

marketing contexts.

Analyze the relevance of marketing concepts and theories in evaluating the impacts of

environmental changes on marketing planning, strategies and practices.

Demonstrate the ability to carry out a research project that explores marketing

planning and strategies for a specific marketing situation.

Synthesise ideas into a marketing plan.

Demonstrate the ability to justify marketing strategies and advocate a strategically

informed position when considering marketing plan implementation.

students to be able to take a joint view of different marketing decisions, i.e., product

and brand, pricing, promotions and distribution (placing) and understand how they are

interlinked.

Understand how marketing decisions need to be continuously adapted to changes in

the micro and macro environments that businesses operate in.

To develop insights into the step-by-step processes involved in the development of

new products

To plan, ensuring the successful future positioning and launch of new

products/services in the market place.

To understand the dynamics of competitors role in marketing and developing

strategies to deal with it

Level of knowledge:

As a prerequisite, the students should be having a basic knowledge about customers, markets,

business environment, and

Unit – I Introduction to Marketing Management: 08 hours


Marketing management – meaning, four eras in the history of marketing, importance,

concepts, nature and importance of services marketing, characteristics of services marketing

– marketing myopia – avoiding marketing myopia.

38

Unit – II Marketing Environment and Marketing Research: 06 hours


Gathering Information and scanning the environment, meaning and concept of Macro/Micro

environment – Introduction to Marketing Research – Objective, scope, limitations and

applications.

Unit – III Identifying and selecting market: 08 hours


Consumer Buying Behavior, consumer decision making process, business market and buying

decision process, Market segmentation: targeting, segmenting consumer markets and

business markets, Positioning.

Unit – IV Product Planning and development: 08 hours


Product concept, Product hierarchy, new product development, Product life cycle, product

mix strategies, Branding, Packaging and labeling.

Unit – V Pricing: 05 hours


Importance of Pricing, objectives, pricing methods and pricing simulation, special pricing

strategies and situations.

Unit – VI Distribution: 08 hours


Channels of distribution, selection of channel for consumer and business market, factors

influencing channel selection, channel design, channel conflicts and channel control

Unit – VII Promotion: 08 hours


Integrated Marketing Communication (IMC), introduction to personal selling, sales

management, advertising, sales promotion, publicity and public relations. Basics of CRM,

focus on customer relationship, building relationship, an insight into CRM and ECRM

39

Unit – VIII Competitors: 04 hours


Identifying competitors, analyzing competitors, designing competitor intelligence systems,

designing competitive strategies

Unit – IX Marketing Strategy planning: 05 hours


Marketing strategic plan – meaning, selecting a market oriented strategy, creative strategic

plan, implementing and controlling market plans.

Unit –X Service Learning Concept

Focus: Conceptual and analytical

Meaning-Stages in Service learning process, Areas for implementation, Methodology ,

Assessment & evaluation

Books for Reference:

1. Marketing Management – Jerome Mc Carthy

2. Fundamentals of Marekting Management, M J Eztel, B J Walker, William J Stanton,

TMH, 13th

Edition, 2005

3. Principles of Marketing, Philip Kotler, Gary Armstrong, Pearson / PHI 12th

Edition, 2005

4. Marketing Management: The Indian context, Ramaswamy and Namakerni – Mc Millan

India ltd, 2004

5. Customer Relationship management by Peru Mohamed Vikas Publication

Essential reading:

Kotler, P., armstrong, G., Agnihotri, P. Y., & Haque, E. U. (2011). Principles of marketing.

(13 ed.). Delhi: Pearson Publication.

References:

Kotler, P., & Armstrong, G. (2005). Principles of marketing. (12 ed.). Delhi: Pearson

Publication.

Eztel, MJ., Walker, BJ., Stanton, William. (2005). Fundamental of marketing

management. (13 ed.). Delhi: Tata McGraw Hills.

Evaluation Pattern




40

1. CIA components

Multiple Choice Questions and Crossword puzzles (20 Marks)




Marketing Journal (10 Marks): The purpose of Marketing journal is the active

participation in the class and developing analytical and critical thinking on various

topics of the course. This is achieved through regular note-taking, add insights from

your related library and online research, write case study answers and other reports

assigned by the instructor. The grading will be on the basis of relevant content, depth

of analysis, grammar, spelling, and neatness.










purpose.



about OB and to work in teams with a deadline.



Sections Type Marks






Sections Type Marks


B Conceptual / Descriptive Type questions 5 x10 = 50


41

COURSE: HUMAN RESOURCE MANAGEMENT


Course Description

Human Resource Management views organization’s manpower as its most important

resource and the modern outlook considers human resource as an asset to the organization. In

the present complex and rapidly changing socio-economic environment, no business or

organization can exist or grow without effective management of human resources. This

course exposes to students the broad areas in Human Resources Management in a systematic

manner beginning with the understanding of basic concepts progressing to human resource

planning, recruitment, selection, training & development, performance appraisal functions of

HRM. It also provides knowledge of Industrial Relations, Trade Unions and Compensation

management aspects.

Learning Outcomes

Awareness of HR and its importance in every organization.

Develop necessary skills to manage HR effectively.

Understand the techniques of recruitment and selection and the related industry

practices

Appreciate the importance of performance appraisal and critically evaluate the various

methods of appraisals

Analyze training needs and adopt appropriate training methods

Understand Industrial relations & Trade Unions

Enhance conflict management and resolution skills

Level of Knowledge


organizations, business, and business management.

Unit I: Introduction 10 Hours


Meaning and definition of HRM –Nature of HRM – Importance – Objectives – Role and

status of HRM, Personnel Management and HRM, Functions of HRM ; Strategic HRM;

Role, duties and Responsibilities of HR managers; Human Resource Planning – Process of

HRP; Job Analysis - objectives of job analysis – process of job analysis; Job description –

guidelines for effective job description.

42

Unit 2: Recruitment and Selection 12 Hours


Meaning and importance – factors affecting recruitment – Constraints and challenges in the

recruitment process – steps in recruitment process-Sources of recruitment – internal and

external – electronic recruiting. Selection – meaning – steps in selection process;

Socialization and Induction- Importance; Promotion – Transfers – Retirement, Resignation

and other Separations.

Unit 3: Performance Appraisal 10 Hours


Introduction- meaning & definition – objectives – benefits and uses- Appraisal process –

Methods of performance appraisal – Problems with performance appraisal – Errors in the

appraisal process; Essentials of an effective appraisal system; Coaching and Mentoring –

meaning, purpose, differences; Job Evaluation – Methods of Job evaluation.

Unit 4: Training and Development 10 Hours


Meaning and importance –Training methods – On the job/Off the job – Evaluation of

training; E-learning – benefits of e-learning – weakness of e-learning; Emerging issues in

training. Human Resource Development (HRD) – introduction; Process of career

development – Career counseling.

Unit 5: Industrial Relations and Trade Unions 10 Hours


Importance & scope of IR; Grievance Handling and Industrial Discipline; Industrial

Disputes; Meaning of Industrial Conflicts, Causes and Types of IC-Strikes & Lockouts;

Settlement of Industrial Disputes; Objectives & Importance of Trade Unions- Reasons for

employees to join a trade union- Problems of Trade Unions & Remedies; Collective

Bargaining-Meaning, definition & concept of CB; CB Process; Essential conditions for the

success of CB.

Unit 6: Compensation Management 05 Hours


Wages –Salary- Incentives – meaning, objectives, principles, factors influencing Wage and

Salary Administration- concept of minimum wage, fair wage, living wage; Brief overview of

incentive plans- Essentials of a good incentive plan.

43

Unit 7: Recent Development in HRM 03 Hours


Human Resource Accounting (HRA) – Meaning- Definition- Significance- objectives –

overview of methods; Human Resource Management Information System (HRIS) –

Introduction – need – objectives – Computerised HRIS.

Unit 8: Service Learning Concept

Meaning-Stages in Service learning process, Areas for implementation, Methodology,

Assessment & evaluation

Essential Reading

Rao, V.S.P., (2002). Human Resource Management - Text & Cases, New Delhi, Excel Books

References

1. Gupta, S. K. & Joshi, K. (2010). Human Resource Management. (4th ed.). New

Delhi: Kalyani Publishers.

2. Rao, S. (2010). Essentials of HRM and Industrial Relation. (3 ed.). Mumbai:

Himalaya Publishing House. DOI: www.himpub.com

3. Flippo, E. B. (1984). Personnel Management. (6th ed.). singapore: Tata Mc Graw

Hill.

4. Armstrong, M., & , H. (2008). Essential Human Resource Management Practice.

(10th ed.). Uttar Pradesh: Kogan Page ltd.

5. Ashwathappa, K. (2009). International Human Resource Management. (3RD ed.).

Noida: Tata Mc Graw Hill. ,

Evaluation Pattern




1. CIA Components

Group Exercises (20 Marks)

Based on an organization study and its HR practices presentations on various aspects

such as human resource planning, human resource policies of the organization,

recruitment and selection policies, methods of performance appraisal, training

techniques etc.

Group Exercises in developing Job Description and Job Specifications for specific

Job positions.

Designing a newspaper advertisement copy for specific job positions.

Role Plays – conducting selection interviews for the job; performance appraisal

discussion, exit interviews, trade union- management negotiations

http://www.himpub.com/

44

Case Studies- Analysis of cases relating to each unit. Detailed discussion and

analysis. Evaluation based on active participation during discussions.





page.








Individual Writing Assignments (20 Marks):

The objective is to develop writing and research skills of the students. Students are

required to follow APA format for any referencing. General rubrics for assessing

essays will be followed for grading purpose. Online submission of assignment

through course Moodle page.

COURSE: PROJECT AND OPERATIONS MANAGEMENT


Course Description:

The course project and operations management gives a conceptual framework for conceiving

a project. It helps the students to understand the steps involved in setting up a sound project

through market, technical and financial analysis. It also introduces the learner to the basic

concepts in operations management.

Learning Outcome:

To help the students to understand the basics of project management

To expose the students to market and technical analysis of a project

Provide an overview of the financial analysis of a project.

Understand how the network techniques are implemented

Understand inventory and material management principles

Level of Knowledge

As perquisites students should have basic knowledge about how to start a business,

requirement of initial set up of business, basics of project report.

45

Unit 1: Introduction to Project Management 06 Hours

Focus: Conceptual

Concepts of project management, project identification, project formulation, project analysis

project risk, project planning, feasibility study – schematic diagram

Generation and screening of project ideas – Generation of ideas, monitoring the environment,

corporate appraisal, scouting for project ideas, preliminary screening

Unit 2 Analysis: Market and Demand Analysis 06 Hours


Situational analysis- collection of secondary information- market survey demand forecasting-

market planning technical analysis, manufacturing process/technology- product mix –plant

capacity location and site- machineries and equipment

Unit 3: Technical Analysis 06 Hours


Material Inputs and Utilities, Manufacturing process for technology, Product Mix, Plant

Capacity, Location and Site, Machineries and Equipments, Project Charts and Layouts, Work

Schedule and need for considering alternatives

Unit 4: Financial Analysis 10 Hours


Cost of project, means of finance estimates of sales and production, cost of production,

working capital requirements, financial, profitability projections or estimates of working

capital results, break even point, projected cash flow statements, projected Balance Sheets,

Multi – Year Projections

Unit 5: Project Planning 06 Hours

Focus: Conceptual

Project planning—functions – project objectives and polices identifying strategic project

variable - statement of work- mile stone schedules tools for planning hierarchy of plans,

forms of project organisation

Unit 6: Project Direction, Co-Ordination And Control 06 Hours

Focus: Conceptual

Project direction, communication in a project, project co- ordination, project control,

scope/progress schedule control, cost control, performance indicators, performance

improvement, and project management environment

46

Unit 7: Project Implementation 06 Hours

Focus: Conceptual

Project control, human aspects of project management, pre requisite for successful project

implementation

Classification of projects- activities in project implementation—project management

organisation—experiences of actual execution of project – highlights if achievements—

importance of project management organisation salient features of good project management

organisation important conclusions of project management.

Unit 8 Introduction to Operations Management 06 Hours

Focus: Working Knowledge

Basic concepts of operations management, Production Planning and control, Maintenance

Management, Quality Control, Best Practices in the industry – ISO, 6-Sigma, Total Quality

Management

Unit 9 Factory Design and Inventory Management 08 Hours

Focus: Conceptual

Operation strategy in formation of location of an enterprise, factory design and layout

Inventory Functions and Types of Inventories – Inventory Planning, Inventory Cost, EOQ,

Modification of EOQ, JIT concepts (deterministic and probabilistic models)

Material handling principles and practices product design, process design - project charts and

layouts- schedule of project implementation –need for considering alternatives- financial

estimates and projects

Essential Reading

Prasanna Chandra, (2009), Projects planning analysis selection implementation and review,

Tata McGraw- Hill

Recommended Reading

Vasant Desai, (2000), Project Management and Entrepreneurship, Himalaya

Publishing House

K Nagarajan, (2004), Project Management (2nd

ed.), New Age International

Publishers

R C Mishra & Tarun Soota (2005), Modern Project Management, New Age

International

Publishers

Sarin K & Buffa S (2009), Production and Operations management (8th

ed.), Wiley –

India

William Stevenson (2011), Operations Management (11th

ed.), McGraw-Hill

47

Evaluation Pattern




1. CIA Components

Cia-1 Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.


Sections Type Marks




2. CIA 2 Components:





Case Analysis (10 Marks)

This component tests the understanding of theoretical concepts and practical

application of the same.




learners go refer various literatures on the topic and actively participate in the class room

discussion. This component helps in improving class participation.

Group Presentation (15 Marks)

Group presentations will involve working with your peers outside of class on specific topics.

It gives the opportunity to apply what is learnt about international business and to work in

teams



Sections Type Marks




48

COURSE: STRATEGIC MANAGEMENT & POLICY MAKING


Course Description:

Strategic management and policy making is a paper by research. It introduces core concepts

of strategic management such as strategy formulation, implementation and control. The

course will provide an integrated approach and allow students to bring together all their

learned functional skills (i.e., accounting, finance, marketing, etc.) and use them to study

organizational problems within the context of real-world business case studies. Being a paper

by research it will help the students to enhance their research skills.

Learning Outcomes

Evaluate the impact and influence of the external environment on an organization and

its strategy

Better skilldevelopment about how to manage relationships with stakeholders

Understand how to interact with suppliers and customers

Gain insight into the enormous strategic environment

Comprehend strategic business unit

Ascertain the leadership styles

Understand the procedure of social audit

Better control on strategy management

Be acquainted with how NGO’s work

Level of Knowledge


business, and Strategy management.

Unit 1: Overview of Strategic Management 06 Hours


Overview of Strategic Management – Nature & Scope- Defining Strategy - Concept of

Strategic Management – Characteristics of Strategic Management- Approaches to Strategic

Decision-making - Elements in Strategic Management Process.

Unit 2: Strategy Formulation 06 Hours


Strategy Formulation –Corporate level Strategy - Corporate vision, mission and objectives -

Types of strategies - Guidelines for crafting successful business strategies- Strategy

formulation Process & Tools.

49

Unit 3: Environment of Strategic Management 10 Hours


Environment of Strategic Management - Environmental Analysis –External Environment –

Social , Technological, Economic & Political Environment–.-Internal Environment –

Resource Based Strategy – Approaches to Internal Analysis - SWOT Analysis – GAP

Analysis - Industry Analysis - Porter's Five Forces Model of competition - Competitive

Advantage – Resources, Capabilities & Competencies – Core Competency.

Unit 4: Strategic Business Unit 06 Hours


Strategic Business Units (SBU)- Operational Strategy – Financial Strategy – Marketing

Strategy – Human Resource Strategy.

Unit 5: Strategic Implementation 10 Hours


Strategy Implementation -Issues in implementation - Project implementation- Procedural

Implementation - Resource Allocation - Budgets - Organization Structure - Matching

structure and strategy - Behavioral issues - Leadership style - Corporate Culture - Values -

Power - Social Responsibilities - Ethics - Building a capable organization. - Functional

issues.

Unit 6: Strategic Evaluation and Control 08 Hours


Strategy Evaluation & Control - Importance - Symptoms of malfunctioning of strategy –

Establishing Strategic Controls - Operations Control and Strategic Control - Role of

organizational systems in evaluation

Unit 7: Organizational Development and Change 08 Hours


Implementing Strategic Change – Need for change - Strategic alternatives - Diversifications -

Mergers and Acquisitions - Turnaround, Divestment and Liquidation strategies.

50

Unit 8: Emerging issues in strategic management 06 Hours


Emerging issues in strategic management - Social audit - Corporate transparency –

Management of NGOs.

Essential Reading

Arthur A. Thompson Jr. and A.J.Strickland.(2010). Strategic Management( 12 ed.)Mcgraw-

Hill/Irwin

References:

John A Pearce II, Richard B. Robinson Jr.(2010) Strategic Management – Formulation

Implementation & Control.( 12 ed.) New Delhi:Tata McGraw-Hill.

S.C. Bhattacharya.(2005)Strategic Management – Concepts & Cases( 4 ed.).New

Delhi; Wheeler Publishing.

Evaluation Pattern

Grading in the course will be out of 150 marks, out of which 50 marks are allotted to the

research work, i.e. 30 marks for research material, 10 marks for attending the library and 10

marks for interaction with the guide.100 marks will be for the end semester examination and

CIA.

1. CIA Components

CIA1-Midsemester exam

CIA2-Class test and Moodle test

CIA3-Individual Presentation

CIA Research Component:

Library Work (10Marks): The purpose of library work is to instill in students

research culture. Here the students will be spending time in library and researching

their topics which they will write in a journal. The grading will be on the basis of

relevant content, depth of analysis, grammar, and citation.

Student Interaction (10 Marks): the students will be interacting with the guide and

will discuss about the progress of their research. The students should raise any issues

faced while the research is being conducted by them.

Written Test (10 Marks): A written test will be conducted for the students as one of

the components. Only the portion assigned to them for research, will be included for

this purpose.





51



Individual Presentations (20 Marks): The objective is to develop presentation skills

of the students. The students are required to present the topic which they researched in

library in detail. Marks are allotted on the basis of content and innovative presentation

style.

Strategic Management Research Material (30 Marks): At the end of the

presentations, all the material collected by the students will be compiled in a book.

This will be the final research material, with uniform style covering the entire course

work done by students.

2. Mid Semester Exams:50 marks paper to be completed in 2 hours duration.

The groups will have questions only from the topics assigned to them for mid-



Sections Type Marks



C Case analysis 1x 10 = 10



Sections Type Marks




52

COURSE: ENTREPRENEURSHIP


Course Description:

The course Entrepreneurship gives the learners a conceptual framework of the

business environment in which the entrepreneurs operate. It gives insights

about the ways to start a new venture, creating organizational and business

plan and creating strategies for growth of the venture

Learning Outcomes:

To understand the concepts of entrepreneurship

To help the students to identify opportunities to start a new venture

To help the learners to understand the ways to formulate business plans

To understand the strategies to sustain and grow

Level of Knowledge:


Unit -1 The Entrepreneurial Perspective (8 Hours)

Focus: Conceptual

Nature and development of Entrepreneurship, Definition of Entrepreneur today, The

Entrepreneurial Decision Process, Types of Start-Ups, Role of Entrepreneurship in Economic

Development, Entrepreneurial careers and Education, Ethics and social responsibility of

entrepreneurs, the future of entrepreneurship, the entrepreneurial process, managerial versus

entrepreneurial decision making, causes for interest in intrapreneurship, corporate versus

intrapreneurship, intrapreneurial leadership characteristics, establishing intrapreneurship in

the organization, problems and successful efforts

Unit-2 The Individual Entrepreneur (6 Hours)

Focus: Conceptual

Entrepreneurial feelings, entrepreneur background and characteristics, motivation, role

models and support systems, male versus female entrepreneurship, entrepreneurs versus

inventors, the nature of international entrepreneurship, the importance of international

business to the firm, international versus domestic entrepreneurship, entrepreneurial entry

into international business, barriers to international trade.

Unit-3 Creating And Starting The Venture (8 Hours)

53

Focus: Conceptual & Analytical

Sources of new ideas, methods of generating ideas, creative problem solving, opportunity

recognition, product planning and development process, E-commerce and business start-ups,

intellectual property, need for a lawyer, legal issues in setting up the organization, patents,

business methods patents, trademarks, copyrights, trade secrets, licensing, product safety and

liability, insurance, contracts.

Unit-4 Business Plan for Creating And Starting The Venture

(8 Hours)

Focus: Conceptual

Planning as part of business operation, what is the business plan, who should write the plan,

scope and value of business plan, presenting the plan, information needs, using the internet as

a resource tool , writing the business plan, using and implementing the business plan, why

some business plan fail, industry analysis, marketing research for new venture, understanding

the marketing plan, characteristics of a marketing plan, the marketing mix, steps in preparing

the marketing plan, contingency planning, why some plans fail.

Unit-5 The Organizational Plan (8 Hours)

Focus: Conceptual & Working

Developing the management team, Legal forms of business, Tax attributes of forms of

business, Tax incentives for new ventures, statutory requirements and operational

compliances, the limited liability company versus the S corporation, the limited liability

company, building the management team and a successful organization culture, the role of a

board of directors, the board of advisors, the organization and use of advisors, an overview of

financing the new venture, personal funds, family and friends, commercial banks, role of

SBA in small business financing, R&D limited partnerships, government grants, private

placement, bootstrap financing, financing the business, informal risk capital market, venture

capital, valuing your company, deal structure.

Unit-6 Managing And Growing The New Venture (9 Hours)

Focus: Conceptual

New entry, generation of new entry opportunity, assessing eh attractiveness of a new entry

opportunity, entry strategy for new entry exploitation, risk reduction strategies for new entry

exploitation, growth strategies, economic implications of growth, implications of growth for

the firm, overcoming pressures on existing financial resources, financial control, overcoming

pressures on existing human resources, overcoming pressures on the management of

employees, overcoming pressures on entrepreneurs time, implications of firm growth to the

entrepreneur.

Unit-7 Accessing Resources For Growth From External Sources (8 Hours)

54

Focus: Conceptual

Using external parties to help grow a business, franchising, investing in a franchise, joint

ventures, acquisitions, mergers, leveraged buyouts, overcoming constraints by negotiating for

more resources, advantages and disadvantages of going public, the alternatives to go public,

timing of going public and underwriter selection, registration statement and timetable, legal

issues and blue-sky qualifications, after going public, myths concerning going public

Unit-8 Exit Strategies ( 5 Hours)

Focus: Conceptual

Sickness and prevention, bankruptcy-an overview, reorganization, extended

time payment plans, liquidation, strategy during reorganization, keeping he venture going,

warning the signs of bankruptcy, starting over, the reality of failure, business turnarounds,

exit strategy, succession of business, harvesting strategy.

Essential Reading :

Robert D Hisrich, Michael P Peters, Dean A Shepherd (2009) ENTREPRENEURSHIP, (6th

ed) Tata McGraw Hill publications.

Recommended Reading:

Vasant Desai (2002), Dynamics of Entrepreneurial Development and Management, Himalaya

Publishing House

C B Gupta & N P Srinivasan (1999), Entrepreneurial Development, Sultan Chand & Sons

55

COURSE: MANAGEMENT ACCOUNTING AND FINANCIAL ANALYSIS

CODE: MCO 305A CREDITS : 03

Course Description

This paper is offered as a core paper in forth semester. It develops and understanding among

the students towards management accounting activities

Learning Outcomes

To develop in students a knowledge and Understanding of the Management

Accounting Concepts and Techniques associated with the Internal Management of a

Business within a Changing Environment.

To enable students to identify appropriate Management Accounting Techniques for

Decision Making, Planning and Control; and apply these Techniques in the

generation of Management Accounting Reports.

To develop in students a critical appreciation of the various Management Accounting

Techniques adopted for Planning, Decision Making and Control.

Level of Knowledge


relating to Management Accounting Concepts and Techniques associated with the

Internal Management of a Business within a Changing Environment.

This is designed to equip students with the skills and knowledge demanded by

employers and will give a competitive edge.

Unit I: Foundations of Financial Statement Preparation & The Institutional

Influences on the Development of Financial Statements Preparation 15 Hours

Focus: Conceptual and Working Knowledge

Basic terminology ,The income statement ,The balance sheet ,Statement of changes,

generally accepted accounting principles and financial statements, The financial

accounting standards board, Techniques of analyzing financial statements

Interpretation of financial statements via the analysis of corporate reports, The

financial accounting standards board, Techniques of analyzing financial statements

Interpretation of financial statements via the analysis of corporate reports.

Unit II: Funds Flow Statement 12 Hours


Concept of funds, working capital ,Objectives of funds flow statement , Uses & significance,

56

Uses & significance, Calculation of funds from operation, Calculation of funds from

operations , Preparation of funds flow statement (advanced problems)

Unit III: Ratio Analysis 12 Hours


Introduction, classification of ratios , Ratios in the areas of performance, growth,

profitability, financial adaptability, liquidity, activity and gearing of business, segmental

analysis; inter firm comparison

Unit IV: Management Reporting 08 Hours


Reporting to management, Types of reports, Principles of reports, disclosures, productivity

and profitability reporting, Performance measurement/development reports.

Unit V: Responsibility Accounting 08 Hours


Definition ,Principles ,Process, Responsibility reporting , Centers of control , Benefits ,

Implementation of responsibility accounting , Measuring managerial performance

Unit VI: Developments in Management Accounting 05 Hours


Introduction, Total quality management, Optimized production technology, Just in time

concept.

References:

Monilal, Das,(2009), Practice in Management Accountancy, Rabindra Library Publication,

New Delhi.

Prescribed Text Books

Gupta, S.P. (2012), Management Accounting, Sahitya Bhavan Publications, New Delhi

Khan, M.Y. and Jain, P.K.(2010), Management Accounting, Tata McGraw Hill, New Delhi

Shashi, K.Gupta and R.K.Sharma,(2011) Management Accounting, Kalyani Publishers, New

Delhi

Evaluation Pattern




57

1. CIA Components

Individual Assignments with Annual Reports of companies:

Procuring annual reports of companies -individual copies- Analysis and interpretation

of Financial Statements.

Understanding the application of accounting principles & concepts in annual reports.

Preparing funds flow statement from annual report and interpretation.

Calculating ratios from annual report and interpretation.

Online Discussion forum participation - 05 marks.

Online test using Moodle- 10 marks




page.

Case studies

Analysis of cases relating to each unit. Detailed discussion and analysis. Evaluation

based on active participation during discussions.








COURSE: ADVANCED COST ACCOUNTING

CODE: MCO 306A CREDITS : 03

Course Description:

Advanced Cost Accounting provides the knowledgebase for understanding the in-depth

knowledge of advanced approach of cost accounting to enable students to apply costing

techniques to assist management for taking appropriate decisions. The subject equips students

to apply the cost-benefit approach in an organization and be more effective.

Learning Outcomes

Understand various concepts and problems of Advanced cost Accounting to apply

them in cost reduction and maximizing the profits in organizations.

Better utilization of resources and ascertainment of cost in both manufacturing and

services sector

58

Awareness about the costing procedure with reference to Hotels,

hospitals and IT sectors

Explore deeply techniques adopted to strategize the cost-effective methods and help the

management in decision making

Level of Knowledge

As a prerequisite, the students should be having basic knowledge about concepts relating to Cost

Accounting Methods and Techniques

Unit I- Process Costing 10 Hours

Basic features of process costing – Costing procedure under process costing- work in

progress valuation- Accounting with opening and closing work in progress, under FIFO

method and weighted average methods of accounting. Inter process costing profit -

accounting for joint products and by products.

Unit II--Service Costing 10 Hours

Classification of costs, selection of units, and ascertainment of cost for Hospitals, Hotels,

Transportation undertakings, (Problems) and IT services.

Unit III- Integrated Accounting ( 6 Hours)

Integrated accounting vis-à-vis cost accounting and financial accounting Principles of

integrated accounts- Essential features of integral accounting- practical problems

Unit IV- Cost Analysis for Managerial Decision Making 12 Hours

Marginal costing and absorption costing - Concepts in decision making Relevant cost and

irrelevant costs Differential cost Difference between Differential cost analysis and Marginal

costing Practical application of differential costing. – determination of most profitable level-

Accept or reject decisions make or buy decisions Sell or process decisions , level of activity

planning , purchasing or leasing.

Unit V- Budgetary Control 10 Hours

Budget and Budgetary control, objective of budgetary control- Essential requirements of

Budgetary control- Organization of Budgetary control- Types of Budget; Functional budget -

Master budget- Fixed budget and Flexible budget, Budgetary control and Reporting-

Performance budgeting – Zero based Budgeting, Advantage and limitations of budgetary

control-

Unit VI- Standard costing and variance Analysis (12 Hours)

Standard Cost and Standard Costing – Standard costing and budgetary control- Std costing

and Estimated cost – Standard costing and Marginal costing – Preliminaries to the

establishment of standard costs-Analysis of Variances: Direct Material variances, Direct

Labour variances , Overhead variances- Sales variances advantages and limitations of

standard costing.

Essential Reading

Jain. S.P,Narang, K. L &Simmi Agrawal(2010). Advanced Cost Accounting (12th

ed.).Delhi ,

India: Kalayani Publishers.

References:

59

Maheshwari.S.N (2009).Advanced problems and solutions in Cost Accounting(20th

ed.).India: Vikas Publishing House Pvt .

Madegowda J(2012). Advanced Cost Accounting (2nd

ed.) Mumbai, India:

Evaluation Pattern




Multiple Choice Quizzes (20 Mks)

This component tests familiarity and understanding the content of the course. Students who

regularly attend classes and read the text and other relevant materials will be able to do well

in the Quiz.

Cost Accounting text books and cases (10 Marks): The purpose of this MCQ is to

develop students to understand the subject in depth and know the minute details of cost

accounting










purpose.



about Cost Accounting and to work in teams with a deadline.

Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.


Sections Type Marks






Sections Type Marks




60

COURSE: ADVANCED TAXATION

CODE: MCO 307A CREDITS: 03

Course Description:

Advance Taxation is offered as a core paper in the third semester M.com students. It

primarily deals with various tax incentives given to SEZ and assessment of various entities. It

prepares students with Income Tax Act on aspects of returns assessment and penalties. It

provides thorough knowledge of various concepts and their application relating wealth tax

and advance tax payable.

Learning Outcomes:

To familiarize of various tax incentives and benefits under income tax act

To enable students to gain knowledge on assessment of various entities.

To provide knowledge on aspects of returns, assessment, penalties.

To acquaint with FBT and advance tax obligations

To familiarize with the wealth tax provisions and computation.

Level of Knowledge

As a prerequisite, the students should be having a Basic knowledge about computation of

total income and tax liability of individual and other Tax provisions prevailing in India.

Unit I: Exempted Income of Specific Assesses

Focus: Conceptual & Analytical 06 Hours

Exemptions for Undertakings in Free trade zones, Units in Special Economic Zones, 100% EOU,

Industries exporting certain articles/things, Undertakings in North eastern regions. (sec 10A,

10AA, 10B, 10BA,10BB, 10C). Charitable Trusts: Conditions, Registration, income exempted,

Non applicability(Sec 11, 12, 12AA & 13), Income of political parties(Sec 13) (Simple

problems)

Unit II: Assessment of Individuals, HUF, Partnership Firms, AOP/BOI. 11 Hours


Individuals: Computation of total income and tax liability with incomes chargeable to special

rates of tax, Capital Gains from GDR. Special provisions applicable to Non Resident Indians.

Computation of total income and tax liability.

HUF: Schools of Hindu Law, Partition of HUF, Assessment after partition

61

Partnership Firm: Conditions for firm to be assessed as FIRM, Book profits u/s 40(b), Set off

and carry forward of losses, Computation of total Income and tax, Change in Constitution,

Dissolution, Succession, liability of partners

AOP/BOI: Method of computing total income and tax payable (sec 67A)

Unit III 09 Hours


Assessment of Companies - Definitions, Carry forward and set off of losses, Minimum Alternate

tax, Credit of MAT, Corporate dividend tax, Tax on income distributed to unit holders of UTI or

mutual funds. Computation of total income and tax and interest liability. Liability of liquidator,

liability of directors of private company.

Unit IV 04 Hours


Return of Income and assessment - PAN, Obligation to file, Types of returns, Self assessment,

Regular Assessment, Best judgment assessment, Income escaping assessment, Time limits(sec

139 to 154).

Unit V 06 Hours


Advance Tax, FBT & Interest - Liability of advance tax, installments, consequence of more or

less payment, assessee deemed to be in default. Fringe Benefit Tax: Definitions, Scope of

chargeability, Fringe benefits, Computation of FBT, Advance payment of Tax, Returns,

Assessments.Interest for default in furnishing return of income, payment of Advance tax and

FBT.

Unit VI 02

Hours


Assessment of Search Cases - Search and seizure, Applicability of scheme, block period,

undisclosed income, Procedure for assessment, Rate of tax, interest and penalty, time limit,

appeal.

Unit VII 03 Hours


Double Taxation relief, Appeals, revision and reference- Agreement with foreign countries,

countries with which no agreement exists. First appeal, Appellate Tribunal, Appeals to Appellate

tribunal, High court, Supreme court. Revision by Commissioner.

Unit VIII 02 Hours


62

Penalties and prosecutions-Concept of Mens-rea, Penalties, power to reduce penalties, procedure,

compounding of offence, prosecutions.

Unit IX 03 Hours


Miscellaneous Provisions-Income from international transactions, Arms length price and transfer

pricing. Refunds, Advance Rulings, Purchase of immovable properties by Central Government

Mode of acceptance and repayment of loans, Void Transfers,

Unit X Wealth Tax 10 Hours


Definitions, Valuation date, Scope of chargeability, Deemed assets, Valuation of assets, Returns,

assessment, time limits, Reference to valuation, penalties and prosecution. Problems on

computation of net wealth and tax liability.

Unit XI Wealth Tax 4 Hours


Tax planning for salaries on accommodation, allowances or perquisites, retirement benefits.

Simple case studies on all heads of income.Tax liability on death, Rights, duties and liabilities of

representative assessee and executors

Essential Reading

1. Vinod.K.Singhania. (2012). Direct Taxes-Law && Practice. Taxman Publication.

2. Mehrotra.H.C.(2012). Income Tax Law and Accounts Including Tax Planning.

Sahitya Bhawan publications.

3. Narang. & Gaur. (2012). Income Tax. Himalaya Publication House.

References

1. Prasad, B. (2012). Direct Taxes-Law & Practice. Wishwa Prakashana.

2. T.N.Manoharan. (2012). Students Handbook on Income Tax Law. Snow White

Publication.

3. Harshad.C.Chowdhry. (2012). Central Excise & Customs. Ashoda Publications.

4. Jain, J. &.Jain.A (2012). Law of Central Sales Tax in India. Jaipur: Anand Prakashan.

5. Narang. & Gaur. (2012). Income Tax. Himalaya Publication House.

6. V.Balachandran. (2012). Indirect Taxes. New Delhi: Sultan Chand Sons.

63

Evaluation Pattern




1. CIA Component

Multiple Choice Quiz Moodle test (20 Marks)




Income Tax text books and Cases (10 Marks): The purpose of this MCQ is to


Taxation Laws.




purpose.

Individual Presentation (10 Marks): students are assigned current and contemporary


enhance the communication skill and improves the confidence of the student.

Case Writing (10 marks): students are assigned topics to read a case study on a

particular topic and asked to condensed the case into small case lets. This enables


.



Sections Type Marks






Sections Type Marks




64

COURSE: BANK MANAGEMENT

CODE: MCO 305B CREDIT: 03

Course Description

Bank Management helps the students to learn how opportunities and threats that coincide

with change in Banks. This course aims to provide an understanding of the essential elements

in the process of banking business in Domestic and International Banking. This paper

introduces the legal and regulatory framework, financial management, Information

Technology, Security and control system, marketing of product and services in Banks.

Learning Outcome:

Provides an overview of banking business in India and offshore

To equip the students with the skill of managing bank funds (Risk, Returns and

employment of bank

funds)

To enable the students to understand the latest developments and Modern Banking

Practices.

To learn Security and control systems in banks

To learn the various strategies to retain Customers.

Learning Knowledge:


Bank, Bank operation, Role of Central Bank and basic of Electronic banking.

Unit – I: Introduction to Legal and Regulatory Framework 08 Hours

Focus – Conceptual

Banking Regulation Act, 1949 – Definition of Bank – Functions of banking companies –

Restrictions of business of Banking Companies – Capital structure of Banking Companies in

India – Powers of RBI – Winding-up of a banking company – The Negotiable Instrument

Act, 1881 – Definitions of Negotiable Instrument – Types of Negotiable Instruments –

Penalties in case of dishonor of certain cheques for insufficiency of funds in account (Section

138 to 147)

Unit – 2: Financial Management in Banks 12 Hours

Focus – Conceptual and Evaluation

Introduction to financial Management in Banks – Definition of Assets and Liabilities –

Management of owned funds, Borrowed Funds – cost of funds – Management of Loan

Portfolio (short term & Long term) – Risk Management – Estimating of risks – Measuring –

Risks – NPA – Regulatory Aspects of NPA.

65

Unit – 3: Information Technology in Banks: 10 Hours

Focus – Conceptual and Working Knowledge

Computer based information System in Banks – Electronic Banking – Phone Banking –

Mobile Banking – Internet Banking – Debit Cards – Credit cards – ATM – Fund Transfer –

Electronic Clearing System – Customer Relationship Management – Electronic Fund

Management – Implementing computerization – Computer Security.

Unit – 4: Securities and Control System in Banks 12 Hours


Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest

Act, 2002 – Regulation of Securitization – Reconstruction of Financial assets and Financial

institutions – Enforcement of Security Interest – Offences and Penalties ––Disaster

Management in Banks

Unit – 5: International Banking/ Multinational Banks 14 hours


Institutions in International Banking – Characteristic of International Banks – Rationale and

Scope – Capital Adequacy, Loan Loss Provisioning and Regulatory – Legal and Accounting

issues in International Banking – Forex Currency Accounts – Offshore Banking centers –

Offshore centers in India – EURO Dollar Market – Mechanism – Syndicated Credit

Procedures – External Commercial Borrowings – Mergers and Acquisitions – Cases of

Recent Merger, Acquisitions and Bank Failures

Unit – 6: Marketing Of Banking Products and Services: 04 Hours


Types of Banking Products and Services – Price and Promotion of different Products and

Services – Strategy in retaining Bank Customers.

Essential Reading

Varshney, P.N. (2012). Banking law and Practice,Delhi: Sultan Chand & Sons (P) Ltd.

References:

Padmalatha Suresh .& Justin Paul (2011). Management of Banking and Financial

Services. Noida: Dorling Kindersley (India)

Tannan.M.L(2010).Banking law and Practice in India,Gurgaon: Lexis-Nexis India

Timothy W. Koc & Scott MacDonald .S (2010).Bank Management (7th

ed).USA:jao

sabatino

http://www.buybooksindia.com/getProductsByPublisher.action?publisherId=2819

66

Evaluation Pattern




1. CIA Components

Multiple Choice Test (20 Mks) This component tests familiarity and understanding

the content of the course. Students who regularly attend classes and read the text and

other relevant materials will be able to do well in the Quiz.

Individual Writing Assignments (20 Mks): The objective is to develop writing and



purpose.



about Bank Management and to work in teams with a deadline.



Sections Type Marks



C Case Study - Compulsory 1x 10 = 10



Sections Type Marks

A Short Answer Questions 7x5=35

B Conceptual / Descriptive Type questions 5x10=50

C Case Study - Compulsory 1x15=15

COURSE: INSURANCE MANAGEMENT

CODE: MCO306B CREDIT: 03

Course Description

This subject contains the different risks faced by business organization and insurance

organization. Risk management methods and its applications also included. This program

gives in depth knowledge in the area of insurance principles, types of insurance life and non

life insurance policies and settlement of insurance claims. The new marketing methods

followed and issues faced by insurance organization also incorporated in the subject.

67

Learning Outcomes

Understand the risk concepts and risk management techniques.

Familiar with principles of insurance and terms are used in the insurance contract

To understand the fundamental legal requirements, principles and procedures

involved in insurance.

Apply the concepts at a practical level about the different types of life and non life

insurance products

Know about the contemporary issues and marketing methods of insurance companies

in India

Understand the claim settlement methods and process

Level of Knowledge


uses of insurance, different risks, basics of the contracts, insurance requirements.

Unit: 1 Introduction to Risk 10 Hours

Focus: conceptual and working knowledge

Fundamentals of Risk – The History of modern risk management – Meaning of risk

management – tools – risk management as a business function – difference between risk

management and general management – difference between risk management and insurance

management , Risk management’s contribution to the organization, The risk managers’ job –

The Process of risk management.

Unit: 2 Principles of Insurance 10 Hours


Meaning of Insurance – Purpose and need for insurance – How does insurance work –

Important principles of insurance-Principles of utmost good faith and insurable interest, its

important on insurability. The Business of insurance (Pooling of risk and resources) –

Insurance as a social security tool – Role of Insurance in Economic development. Contract of

Insurance – Special and general elements necessary for a contract- difference between life

and general insurance – contractual duty – contribution under policy conditions - Insurance

Documents, Premium and bonuses – meaning of premium – premium calculation and

Actuarial valuation. Legislative and Regulatory Matters- InsuranceAct, 1938, the Insurance

(Amendment) Act 2002, General Insurance Business (Nationalization) Amendment Act,

2002 & IRDA Regulations 2002.

Unit: 3 Types of Insurance 10 Hours


Fire Insurance - The Standard Fire & Special Perils Policy – terrorism cover –tariff system –

special policies. Marine Insurance - Marine Policies – duration of cover – claims. Motor

Insurance - Motor Vehicle Act, 1988 – Personal Accident Cover for Owner – Driver, theft

claims. Personal Accident Insurance - Types of Disablement, Claims, Extended coverage.

Health Insurance - Mediclaim Policy(Individual), Domiciliary Hospitalisation Benefit,

68

Liability Insurance - Compulsory public liability Policy, Products liability Policy, Employer

Liability Policy. Engineering Insurance - Contractors All Risks (C.A.R.)Policy, Marine-Cum-

Erection (MCE) Policy, Machinery loss of Profits(MLOP) Policy , Advance Loss of Profits

(Alop) Policy, Electronic Equipment Policy, Group insurance and types of group insurance

Unit: 4 Miscellaneous Insurance 06 Hours


Burglary Insurance, Baggage Insurance, Fidelity insurance, Television Insurance,

Householders Insurance, Shopkeepers Insurance, Banker’s Insurance Policies, Jeweller’s

Block Policies, Sport Insurance, Special contingency Policy. Rural Insurances - Rural

policies, The Role of government, Cattle insurance, Poultry Insurance, Inland Fish Insurance

Schemes, Agricultural Pump Set policy and Hut Insurance

Unit: 5 Marketing & Placement of Insurance 08 Hours


Market Sectors – Marketing process – Insurance Marketing Strategies in India, Relationship

marketing – Financial security of Insurer – Selection criteria – Channels of distribution ––

Coinsurance & Reinsurance Procedure – Duties of broker in placing business – Information

to be disclosed to clients, insurers & reinsurers –. Customer service - Efficient & Effective –

Continuing service programme – Customer service manuals. (As per IRDA Benchmarks) –

Comparison of products – Developing Client – Product portfolios – Relationship of each

product to overall programme. Ethical practices in liberalized economy, FDI in Insurance,

Intermediaries roles.

Unit: 6 Insurance Claims Service 08 Hours


Claim documentation - Procedure for claim settlement (Life & Non-life) – Responsibility of

Broker to Insurer – Claims procedure – Direct business claims procedure – Coinsurance and

Reinsurance – Role of Broker, insurer, Surveyor and loss assessors in claim management –

process of negotiation and settlement – Rights & Obligations of Clients – Servicing Claims.

Unit: 7 Fundamentals of Agency & Contemporary Issues 8 Hours


Definition of an Agent – Insurance Agent under Insurance Act 1938, Procedure for becoming

an agent – IRDA (licensing of Insurance Agent) Regulations 2000 – Prerequisite for

obtaining license, functions of an agent – proposals and other forms. Marketing Issues and

opportunities in the Insurance sector, Liberalization of insurance business in India, Insurance

Business outside India

Essential Reading

Gupta, P. (2012). Insurance and risk management. (2 ed.). Himalaya Publishing house: New

Delhi.

69

References

Gulati, N. (2010). Principles of risk management and insurance. (1 ed.). New Delhi:

Excel Books.

Bodla, B., Garg, M., & Singh, K. (2003). c) Insurance fundamentals, environment and

Procedures . (1 ed.). New Delhi: Deep and Deep Publication Pvt Ltd.

Pal, K., Bodla, B., & Garg, M. (2007). Insurance management: Principles and

practices . (2 ed.). New Delhi: Deep and Deep Publications.

Krishnaswamy, G. (2009). d)A textbook on principles & practice of life insurance . (1

ed.). New Delhi: Excel Books.

Evaluation Pattern




1. CIA Components

Multiple Choice Test (20 Marks This component tests familiarity and understanding




research skills of the students. Students are required to follow APA format for any

referencing.

Group Projects (20 Marks): Group projects will involve working with peers outside

the class on a specific project. It gives the opportunity to apply what is learnt about

International finance and institution and to work in teams with a deadline.

Group discussion (10 Marks): The objective is to develop the confidence among

students and improvement in their presentation skills.

Case study discussions (10 Marks): Students will be asked to collect the case study

on a particular area related to subject and discuss the various aspects of case .The

discussion will help them to develop analytical skill.



Sections Type Marks






Sections Type Marks




70

COURSE: MANAGEMENT OF FINANCIAL SERVICES

CODE: MCO307B CREDIT 03

Course Description:

This course is designed to introduce the students to Financial Services and all areas within.

This course will provide an in-depth understanding of various financial services, their

structure, working and latest development in Indian Financial System .

Learning Outcomes:

1. Demonstrate knowledge and understanding of financial institutions and be able to

identify the different types of service that they provide to meet the needs of their

customers.

2. Introduction to the environment within which the financial services industry operates

and recent developments in various financial services in India.

3. Understanding of the working of various financial services operating in Indian

Financial System.

4. Demonstrate an understanding of regulation placed by the financial services industry

with particular reference to SEBI regulation and guidelines.

Learning Knowledge:


various financial institutions and services provided by these institutions.

Unit -1: Financial Services – An Introduction: 06 Hours


Role of financial services in Indian economic system ,classification of financial services ,

Brief introduction to role of Banking, Insurance and Financial Market services in the

economic system ,Regulatory frame work for financial services in India-role of RBI & SEBI

.

Unit -2: Merchant Banking 10 Hours


Meaning and definition, , investment banking (brief introduction) ,difference between

investment banking and merchant banking. Permitted functions of a merchant banker, Role of

Merchant Banker in Managing public issue of securities, Concept of Due Diligence, Post

issue Responsibility of a merchant banker, Role of merchant banker in substantial acquisition

and takeover of companies, SEBI Merchant Bankers Regulations.

Case study: Comparative study of the growth and performance of major merchant banking

companies in India.

Unit -3: Credit Rating: 10 Hours


71

Concept & overview of credit rating , Factors considered for rating of Manufacturing

companies ,Financial Service Companies, CAMEL model , Uses of credit Rating, Rating

process, Rating Symbols , Recent Developments in credit Rating – IPO rating, Corporate

governance rating, Real estate rating,

Case study: Analysis the role of rating agencies in corporate failures and frauds in India.

Unit -4: Mutual Funds: 10 Hours


Concept and Definition, Constitution and management of mutual funds –Sponsor, trustee

,Asset management companies, custodian, Schemes of Mutual Funds, Cost of Mutual fund

schemes, Concept of units and Net Asset Value ,Advantages and limitations of Mutual Fund

schemes, Risk and return of mutual fund(in brief),How to invest in a scheme of mutual

fund.Recent developments in mutual fund industry-exchange traded funds, gold exchange

traded funds, Real estate mutual funds,

Case Study: The history and current position of various Mutual Funds in India

Unit – 5: Venture Capital: 08 Hours


Meaning and Concept, Domestic and International scenario, Specialty features of venture

capital, Categorization of venture funds, Forms of venture capital financing, Stages of

venture financing, Registration and Eligibility of venture capital funds, Investment conditions

and restrictions, Winding up of venture capital fund, SEBI guidelines on venture capital,

Venture capital industry in India.

Unit –6: Leasing and Hire Purchase: 06 Hours


Concept of Leasing ,Types of Lease, Merits and demerits of Lease, Current position of

leasing industry India, Factors contributing to the decline of leasing industry in India,

Concept of hire purchase, Leasing Vs Hire purchase, Current scenario of Hire purchase

industry in India.

Unit –7: Factoring and Forfeiting: 06 Hours


Concept, Types of factoring, functions of factoring, Advantages and disadvantages,

Forfaiting- concept and operation, Indian scenario.

Case study: Critical appraisal of the performance of factoring companies in India

72

Unit –8: India Based Financial Services: 04 Hours


Collective investment schemes-Meaning and concept, SEBI guidelines applicable to

collective investment schemes, Chit funds, Mutual Benefit societies (u/s 620 A of the

Companies Act 1956.)

Essential Reading

1. Pathak,B. V. (2011). Indian Fianacial System. Delhi: Pearson.

2. K.sasidharan, & Mathew, A. (2011). Financial services and system. Noida: Tata

McGraw Hill.

3. M.Y.Khan. (2012). Fianacial Services. Noida: Tata McGraw Hill.

References:

K.Natarajan, & Gordon, E. (2012). Financial markets and services. Mumbai: Himalaya

Publishing House.

Shashi.K.Gupta. (2012). Fianacial Services. Mumbai: Himalaya Publishing House.

Tripathy, N. P. (2011). Financial Services. Delhi: Prentice Hall.

RBI & SEBI- Act ,Rules and regulations.

Evaluation Pattern




1. CIA components

Multiple Choice Test (20 Marks) This component tests familiarity and





referencing.




Individual Presentation (10 marks): The objective is to develop the confidence

among students and improvement in their presentation skills.

Case study discussions (10 marks): Students will be asked to collect the case study on

a particular area related to subject and discuss the various aspects of case .The


73



Sections Type Marks






Sections Type Marks




COURSE: INTERNATIONAL BUSINESS


Course Description:

The course International Business gives the learners a conceptual framework of the global

environment in which the companies operate. It gives insights about multinational

corporations, foreign trade policies and the various foreign institutions that protect

international business.

Learning Outcomes:

To understand the environment in which the organizations operate.

To familiarize the students on globalization, multinational corporations and foreign

direct investments

To help the learners to understand the various theories of international trade

Understand the various policies that impel foreign trade.

Level of Knowledge:


Unit I International Business 10 Hours

Focus: Conceptual

Nature, importance and scope; Framework for analyzing international business environment,

geographical, economic, socio-cultural, political and legal environment.

74

Unit II Globalisation 15 Hours

Focus: Conceptual

Globalization - Forces, Meaning, dimensions and stages in Globalization - Kenchi Ohmae

Model - Introduction to theories of International Trade by Adam Smith, Ricardo and Ohlin &

Heckler Trading Environment of International Trade - Tariff and Non-tariff Barriers - Trade

Blocks -Rise of new economies like Japan, South East Asia and BRIC countries

Unit III Multinational Corporations 08 Hours

Focus: Conceptual

Managing Multinational Enterprises - Problems and Potential – Technology Transfer – host

and home country relations - Multinational Service Organizations - Indian companies

becoming Multinationals - Potential, Need and Problems

Unit IV Foreign Trade Policies and Practices 15 Hours

Focus: Conceptual

Recent Trends in India’s Foreign Trade, Export and Import Policy, Trade Policy, Balance of

Payment, Custom and Tariff Rationalization. Identifying Foreign Markets and Overseas

markets, International Marketing Mix, Product Development, Transfer Logistics and

Distribution Channels, Role of Documentation in International Trade, Export Pricing,

Methods of International Payments.

Unit V International Capital Movement 08 Hours

Focus: Conceptual

Risk in International Operations, International Investment, Financing of Foreign trade, Factor

Mobility and Direct Foreign Investment. Export Finance, Pre and post Shipment credit,

Introduction to FEMA, Insurance, Role of ECGC and export Promotion Councils,

Eurocurrency Market.

Unit VI International Institutions 04 Hours

Focus: Conceptual

Role of International Institutions like GATT, WTO, IMF, IBRD, IDA, IFC, UNCTAD, In

International Business, Recent Trends in World trade

Essential Reading:

Dr Subha Rao P, (2008), International Business – Text and Cases, (4th

ed.), Himalaya

Publishers

75

Recommended Reading

Sundaram J & Black, (1995), International Business Environment: Text and case,

Prentice Hall of India

Bhalla V K, (2006), International Business: Environment and Management, Anmol

Publications

Taggart & McDermott, (1995), The Essence of International Business, Prentice - Hall

of India

Evaluation Pattern




1. CIA Components

CIA 1 Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.


Sections Type Marks









Case Analysis (10 mks)




Subject Teaching (5 Mks)




Group presentation (15 Mks)



teams


76


Sections Type Marks




COURSE: CORPORATE BUSINESS LAWS

CODE: MCO 402 CREDITS:03

Course Description:

The course Corporate and Business Laws provides the students with the conceptual

framework on the nature of a company, capital structure, corporate governance, restructuring

and winding up of companies, foreign exchange management, intellectual rights and

environmental protection laws and consumer protection act.

Learning Outcomes:

To develop an expert understanding of the regulation of companies in India

To have a thorough knowledge of the various other corporate laws in India

Understand the significant influence of corporate laws in the decision making process

Level of Knowledge:

The course seeks to provide advanced level of knowledge to the learners as fundamentals of

corporate and business laws have been covered during their undergraduation.

Unit 1 – Company 06 Hours

Focus: Conceptual

Definition and nature, Types of companies and their incorporation , Memorandum and

Articles of association and their alteration, Comparative study of the suitability of a Private

Limited , Public limited and an unlisted company for a Promoter .

Unit 2 - Concept of Capital and Financing of Companies 08 Hours

Focus: Conceptual

Sources of capital, Types of shares, Equity with differential rights, Procedure connected with

bonus issues; rights issues; issue of sweat equity , Employees stock option , Private

placement and Buy back of shares,Prospectus and its role in resource mobilization .

Unit 3 - Corporate Governance 08 Hours

77

Focus: Conceptual

Evolution, concept, principles and development,Provisions of the Companies Act and listing

agreement connected with Corporate Governance, Role of Directors in corporate

governance:-Appointment,Qualifications, Remuneration, Vacation of office, Retirement,

Removal, Loans to directors, Powers and Duties, Office or Place of Profit,Contracts in which

directors are interested Role of Managing ,Executive ,Non Executive and Independent

Directors in a company.

Unit 4 - Corporate Restructuring and Winding Up 09 Hours

Focus: Conceptual

Meaning of corporate restructuring, Need, Scope and Modes of restructuring, Mergers and

Amalgamations: Meaning and concept, Legal, Procedural, aspects of mergers and

amalgamations, Takeovers :Meaning and concept, Types of takeovers, Legal aspects, SEBI

takeover regulations, Procedural aspect of Demerger and Reverse Mergers, Concept of

Demerger, Modes of Demerger, Reverse Mergers – Procedural aspects and tax implications,

WINDING UP: Concept, modes of winding up; administrative machinery for winding

up,Detailed study of Winding up process and procedure.

Unit 5 - Foreign Exchange Management 09 Hours

Focus: Conceptual

Objectives and definitions under FEMA, Current account transactions, Capital account

transactions, Foreign Direct Investment in India and abroad, Acquisition and transfer of

immovable property, Establishment in India of branch ,Export of goods and services,

Realisation and repatriation of foreign exchange,Authorised Person, Penalties and

enforcement ,Foreign contributions ,Exemptions, Powers of Central Government,

adjudication and appeal, Offences and Penalties.

Unit 6 - Environmental Protection Laws 05 Hours

Focus: Conceptual

Concept of sustainable development, Government policy regarding environment, Law

relating to Prevention and Control of Air Pollution and Water pollution, Environment

(Protection) Law, Introduction of UN regulation/Kyoto declaration/Protocol, Measures

adopted for Global Warming

78

Unit 7 - Intellectual Property Laws 05 Hours

Focus: Conceptual

Concept and development of intellectual property law in India, Law and procedure relating to

patents, trade marks and copyrights, Overview of laws relating to other related intellectual

property rights.

Unit 8 - Consumer Protection Act 05 Hours

Focus: Conceptual

Consumer protection in India, Genesis of the law, objects, Rights of consumers, Nature and

scope of remedies.

Unit 9: Overview 05 Hours

Focus: Conceptual

Limited Liability Partnership ,Trust and Societies

Essential Reading

Dr Avtar Singh (1989), Company law (9th

ed.), Eastern Book Company


Datey V.S, (2003), Students Guide to Corporate Law, Taxmann Allied Services (P)

Ltd

Kapoor N D & Dinkar Pagare (2006), Business law and Management (3rd

ed.),S

Chand

Evaluation Pattern




1. CIA Components

CIA 1 Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.


Sections Type Marks




79






Case Analysis (10 Marks)








Group presentation (15 Marks)



teams



Sections Type Marks




COURSE: ADVANCED FINANCIAL ACCOUNTING

CODE: MCO 405A CREDITS:03

Course Description:

This course is offered under the Accounting &Taxation elective. The course deals with the

various accounting aspects pertaining to valuation of shares & goodwill, mergers &

acquisitions, Holding company accounts, Accounting treatment for foreign branches and also

the emerging areas in Accounting.

Learning Outcomes:

1. Be able to independently value the firms goodwill and shares from the given Annual

report.

2. Be able to evaluate the mergers & acquisitions taken place recently.

80

3. Be able to finalize the consolidated Balance sheet for a client.

4. Be able to incorporate the foreign branch details in Head Office books and get the

final accounts of the firm on a real time basis.

5. Be well versed with latest developments in the Accounting area

Level of Knowledge


Unit 1 : Valuation Of Goodwill And Shares 10 Hours

Focus: Advanced Level

Meaning of goodwill, factors influencing the goodwill, different methods of valuation of

goodwill. Adjustment to profit on the basis of revaluation of assets, additional deprecation,

excess deprecation, tax adjustments etc.

Valuation of shares : need for valuation, different methods of valuation of shares.

Unit 2: Accounting Aspects of Mergers and Acquisitions 14 Hours


Meaning of amalgamation and reconstruction. Types of amalgamation – AS 14.

Amalgamation in the nature of Merger, Amalgamation in the nature of Purchase. Methods of

accounting for amalgamation;

- the pooling of interest method and

- the purchase method

accounting treatment in the books of Transferor and transferee companies Treatment of

various adjustments such as inter company owing, unrealized profit on stock, inter company

holdings -purchasing company in the shares of the selling company, selling company in the

shares of purchasing company, by both companies in the shares of each other.

Unit 3: Holding Company Account AS 21 16 Hours


Holding and subsidiary companies – definition and legal requirements for the preparation of

accounts – rules for the preparation of consolidated balance sheet – investment in the

subsidiary company, minestry interest, cost control, capital profit and revenue profit.

Accounting treatment for various adjustment such as inter company unrealized profit,

revaluation of assets and liabilities, preference shares in subsidiary company, dividend

declared by subsidiary company.

Holding company with more than one subsidiary, cross holding and chain holding.

Preparation of consolidated profit and loss accounts

81

Unit 4 : Accounting For Branch 10 Hours


Independent branches, accounting treatment in the book of branch and head office. Final

account in the books of branch and in the book H.O after incorporating the branch trial

balance. Foreign Branches – Rules for converting branch trial balance in the HO’s books

Unit 5: Current Developments in Accounting 10 Hours


1. Accounting for price level changes: meaning of inflation accounting, disadvantages

of historical cost accounting, methods of inflation accounting-CPP &CCA (Simple

problems on both the methods) limitations of inflation accounting.

2. Human resource accounting: meaning of HRA, need and objectives of HRA, various

approaches of Human resource accounting, HRA practices in Indian corporate.

3. Environmental accounting: Meaning, need and objectives of environmental

accounting, practices in Indian corporate.

4. Social responsibility accounting: Meaning, need and objectives of Social

responsibility accounting, practices in Indian corporate.

5. Enterprise resource planning: meaning, features need and benefits of ERP.

Essential Reading

Gupta, R. L. (2011). Advanced accountancy. (Vol. II). New Delhi: Sultan Chand

publications.

Narang, J. (2011). Advanced accountancy. (Vol. II). New Delhi: Kalyani Publishers.

References

Mukergee. , & Hanif , (2003). Modern accountancy . (Vol. II). New Delhi: Tata Mc Graw

Publishing Company Ltd.

Maheshwari, S. N. (2007). Advanced accountancy. (9th ed., Vol. II). New Delhi: Vikas

PUblishing House Pvt Ltd

Evaluation pattern

CIA-1: Mid Semester Exams 50 marks paper to be completed in 2 hours.

Section A 4 out of 6 =4*5 20

Section B 2 out of 4 =2*10 20

Section -C 1 case study =1*10 10

Total 50

CIA-2: Moodle test -10 marks

Individual presentation- 10 marks

82

CIA-3: individual presentation based on course topic- 20 marks

End semester Exam : 100 marks paper to be completed in 3 hours.

Section A 7 out of 10 =7*5 35

Section B 5 out of 7 =5*10 50

Section -C 1 case study= 1*15 15

Total 100

COURSE: INTERNATIONAL ACCOUNTING

CODE: MCO 406A CREDITS:03

Course Description:

This paper is offered as a core paper in forth semester. It develops and understanding among

the students towards international accounting. It helps to study the role and responsibilities in

the international dimensions in the field of accountancy.

Learning Outcomes:

To enable the students to acquire the knowledge of world trade and investment.

To give understanding to the students the various areas of flow of capital from one

country to another

To develop knowledge of sources of mergers and acquisitions

To give insight into financial decisions relating to foreign currency translations,

recording the foreign exchange gain and loss.

Level of Knowledge


foreign currency transactions, international trade and international accounting.

Unit 1: Introduction 05 Hours


Causes of International Differences – Some major differences in Financial Reporting

Unit II: International Classification of Financial Reporting 06 Hours


International Classification of Financial Reporting – International Harmonization of

Accounting – The Requirements of International Accounting Standards

83

Unit III: Financial Reporting in USA 09 Hours


Financial Reporting in USA

Unit IV: IFRS 16 Hours


International Financial Reporting Standard (IFRS)

Unit V: Issues in International Accounting 10 Hours


Issues in International Accounting – Consolidation – Foreign Currency Translation –

Segmental Reporting – Foreign Exchange risk management

Unit VI: Multinational Transfer Pricing 10 Hours


Multinational Transfer Pricing – Objectives of transfer pricing – Selecting a Transfer price –

Internal Revenue Code and Transfer Pricing

Unit VII: Ethical Issues in International Accounting 04 Hours


Ethical issues in international Accounting – Incidence and implications of window dressing

(cases).

Prescribed Text Books

1. Timothy, S. Doupnik, and Hector, Perera,(2005), International Accounting, Irwin

Professional Publishers, New York.

2. Shahrokh, M. Saudagaran,(2003) International Accounting : A User Perspective (2nd

Edition), South-Western Publishers, New York.

3. Frost , Frederick, D. S. and Choi, ;Meek,(2006) International Accounting ,Academic

Internet Pub Inc. New York.

References:

International Financial Reporting Standards (IFRS) , (2009),Taxman Publications,

New Delhi.

84

Evaluation Pattern




CIA Components





Individual Presentations (40 Marks):

The objective is to develop writing and research skills of the students. Students are

required to follow APA format for any referencing..



about international accounting and to work in teams with a deadline.

COURSE - INDIRECT TAXES

CODE-MCO 407A CREDITS:03

Course Description

The subject aims to facilitate the students by providing specialized and updated knowledge in

the area of Indirect Taxes in a systematic manner and enhancing analytical and problem

solving skills for decision making.

Learning Outcomes:

To have working knowledge of Indirect taxes.

To know applications of tax provisions in relating to Central Excise, KVAT.

To get knowledge of various tax incentives and benefits under indirect taxes in

respect of service tax.

To gain knowledge on procedural aspects for filing returns for various taxation like

VAT, Sales Tax and other statutory compliances.

Level of Knowledge:

Should know the basic taxation. (Background in commerce)

85

Course Contents -

Syllabus is divided into Four parts as Part I - Central Excise (19 Hours & 35 Marks), Part II

– Servicetax & Cenvat Credit (19 Hours and 35 Marks), Part III- Customs (10 hours & 15

Marks, Part IV – Vat & Profession Tax ( 12 hours & 15 Marks)

Part : 1 – Central Excise

Unit 1: Central Excise 02 Hours

Focus – Basic Concepts, Awareness and Impact

Introduction

Basic overview of Indirect Taxes; Definitions – Adjudicating Authority; Central excise officer;

excisable goods; Factory Assessee. Conditions for levy of excise; Charging Section – Sec 3;

Central Excise Tariff Act; Schedules of Central Excise Tariff Act.

Unit II: Manufacture 03 Hours

Focus – Basic and Conceptual

Detailed study on manufactures including cases. Deemed Manufacture; The following case laws

on manufacture: Delhi Cloth and General Mills Ltd, Gujrat Steel Tubes, Kiran Spinning Mills,

Aman Marble industries, Gramaphone Recording Company, J.G.Glass industries, Brakes India

Ltd. Forms of levies; Types of Duties – Cenvat Duty, Special excise duty; Additional duties;

Education cess.

Unit III: Valuation 06 Hours


Section 4 – Transaction value, requirements for transaction value, packing charges, discount,

Taxes, Purchased goods sold with manufactured goods. Central Excise Valuation Rules 2000

including job works. Section 4A – Valuation with reference to retail price. Problems on

computation of transaction value and excise duty. Exemption from Excise duty.

Unit IV: Small Scale Industries & Exports 03 Hours


Eligibility; Quantum; option; Cenvat Credit; Value; Brand Name; Clearances. Export procedures;

Eligibility; Conditions; Export to Nepal and Bhutan.

Unit V: Miscellaneous 05 Hours


Person requiring registration; Payment of Duty; Interest; filing of returns; Assessments – Self

assessment, Re-assessment (demands of excise), Provisional Assessment; Provisional

86

Attachment; Consumer welfare fund; Punishment; Penalties; Power to arrest; Summons; Special

Audit; Basics of appeals, settlement commission and advance ruling.

Part: 2 - Service Tax and Cenvat Credit

Unit VI: Introduction 03 Hours


Constitution, Charging section – Sec 66. Reverse charge - Sec 66A; Liability for payment.

Valuation – Sec 67 Service Tax (Determination of Value) Rules, 2006; Rate of Service Tax.

Unit VII: Services Liable for Service Tax 05 Hours


Taxable service & definition pertaining to Banking and Financial Services, Consulting

Engineers, Franchise Service, Commercial Training & Education, Management consultant,

Chartered Accountant, Interior Decorator, Manpower recruitment or supply agency, Renting of

Immovable property, Business Auxiliary Service, Business Support Service, security agency.

Services on which abatement available.

Unit VIII: Miscellaneous 03 Hours


Exemptions; Small Service Providers; Payment of Service tax – Sec 68; Furnishing of returns –

Sec 70; Penalty u/s 76, 78 & 80; Small service providers; Exempted Services.

Unit IX: Cenvat Credit 08 Hours

Focus – Basic and conceptual

Concept of Cenvat Credit. Cenvat Credit Rules, 2004. Definitions - Capital Goods, Exempted

Goods, Exempted Services, Input,Input Service. Duties eligible for claiming credit, Conditions

for claiming credit. Refund of Cenvat Credit. Credit in case of dutiable and exempted goods,

taxable and exempted service. Records to be maintained. Problems on computation of net excise

duty or service tax.

Part: 3 - Customs

Unit : VIII Introduction 02 Hours


Levy, Definitions, Types of Duties, Export Duty Classification

87

Unit IX: Valuation 03 Hours


Analysis of Section 14, Rate of exchange, Tariff value, Customs Valuation Rules 2007,

Unit X : Import, Exports and miscellaneous: 05 Hours


Rate of Duties, Import and Export procedure, Bill of Entry, Assessments, Examination,

Provisional assessment, Re-import. Baggage. Baggage Exempt, Personal effects, Tourist. Goods

damaged, lost, destroyed or abandoned. Exemption. Interest & Demands.Duty Draw back. Basics

of warehousing. SEZ. Powers and penalties.

Part: 4 – Vat & Profession Tax

Unit XI : Karnataka Value Added Tax 10 Hours


White Paper on Vat; Introduction to KVAT Act, 2003; Definitions – Agriculture, Agriculture

produce, Business, Capital Goods, Dealer, Goods, Sale, Turnover, Total turnover, Taxable

turnover; Charging section – Sec 3; Liability to tax and tax rates – Sec 4; Exemption – Sec 5;

Output tax, Input tax, net tax – Sec 10; Input credit restrictions – Sec 11; Deduction of Input tax

on capital goods –Sec 12; Registration – Sec 22 to Sec 28 (Basics only); Returns – Sec 35;

Simple problems on computation of taxable turnover and net tax liability.

Unit XII: Profession Tax 02 Hours

Focus – Basic and conceptual

Chargeability, Persons liable, Registration, Slabs of Profession tax, Payment, Returns.

Books for Reference:

1. Datey V.S, Student’s Workbook on Indirect Taxes,Taxman Publications Private Limited

2008. New Delhi.

2. Datey V.S - Indirect Taxes Law and Practice, (2008), Taxman Publication, New Delhi.

3. Vaitheeswaran. K, Student’s handbook on Indirect Taxes, (2012) Snowwhite

Publications, New Delhi.


1. Central Excise Act 1944.

2. Commentary on KVAT – KLJ Publications.

3. Customs Act 1962.

4. Finance Act 1994.

5. KVAT Act 2003.

88

6. Latest Updates and amendments on Indirect taxes by Tax Department, Government of

India.

Evaluation Pattern




1. CIA Component

Multiple Choice Quiz Moodle test (20 Mks)




Income Tax text books and cases (10 Marks): The purpose of this MCQ is to


Taxation Laws.




purpose.

Individual presentation (10 Marks): students are assigned current and contemporary


enhanceSthe communication skill and improves the confidence of the student.

Case writing (10 marks): students are assigned topics to read a case study on a

particular topic and asked to condensed the case into small case lets . This enables




Sections Type Marks






Sections Type Marks




89

COURSE: INTERNATIONAL FINANCE AND INSTITUTIONS

CODE: MCO 405B CREDIT: 03

Course Description:

International Finance and Institutions helps the students to learn the environment of

international finance and its management. The topics covered include the international

Monetary system, foreign exchange risk management, international parity conditions,

international financing, international financial markets, Balance of Payment, and

Management of foreign exchange risk.

Learning Outcomes:

Extensive understanding of various concepts of International fiancé and International

financial institutions

Insight into functioning of various International financial institutions

Understanding various types of exposures

Insight into functioning of forex markets and forex rate determination, theories.

Learning Knowledge:


various economies, Derivatives market, Currencies.

Unit-1: International Financial Management: 06 Hours


Scope of international finance, global links, objectives of MNCs, Distinguishing features of

International finance, International business activities, trends of FDI in India, International

business methods, Motivations for international business, field of international business.

Unit-2: International Monetary System: 06 Hours


The gold standard, Price specie flow Mechanism, Decline of the gold standard, the inter war

years, The Bretton wood system, Smithsonian agreement, the flexible exchange rate regime,

alternative exchange rate systems, Evaluation of floating rates, classification of currency

arrangements, the European monetary system. Introduction to GATT Agrements.

Unit-3: International Financial Institutions/Development Banks: 04 Hours

Focus – Conceptual The World Bank, Economic reform programmes. IMF, financial policies of IMF, its

supported programmes, Asian development bank

90

Unit-4: Balance of Payments: 06 Hours


BOP accounting, debits and credits, BOP statement, disequilibrium of BOP, types of

disequilibrium, ways to overcome disequilibrium, Capital account convertibility, current

account convertibility, causes of convertibility, problems of BOP statement

Unit-4: Foreign Exchange Market: 06 Hours


Information and communication systems, functions of the foreign exchange market, the

foreign exchange rates, arbitrage, foreign exchange markets, spot markets, cross rates of

exchange, Bid-Ask spreads, forward market, Interest arbitrage, covered interest arbitrage and

interest parity theory

Unit-5 Theories of Foreign Exchange Rate Movement and International Parity

Conditions,

06 Hours


Purchasing power parity, absolute purchasing power parity, relative purchasing power parity,

graphic analysis of the international Fisher, comparison ppp, IFE, and IRP theories

Unit-6: Management Of Foreign Exchange Risk: 06 Hours


Exchange risk, types of exposure, tools and techniques of foreign exchange risk management.

Unit-7: Management of Translation Exposure 06 Hours


Translation methods, functional versus reporting currency, comparison of four translation

methods according to Accounting Standards 11

Unit-8: Management Of Transaction Exposure: 08 Hours


Measurement of transaction exposure, transaction exposure based on currency variability,

managing transaction exposure, Hedging, Risk management products, currency correlation

and variability as hedging tools, currency volatility over time.

91

Unit-9: Management of Economic Exposure 06 Hours


Transaction exposure versus economic exposure, measuring economic exposure, managing

economic exposure, marketing management of exchange risk, production management of

exchange risk, corporate philosophy for exposure management.

Essential Reading

Madhu Vij. (2011). International Financial Management.(3rd

ed). New Delhi: Excel Books.

Refernces:

1. Bhalla V.K.(2011).International Financial Management, New Delhi: Anmol

Publications.

2. Apte P.G.(2010), International Financial Management. Noida: Tata Mcgraw.

3. Madura (2010), International Financial Management, New Delhi : Vikas

Publications.

Evaluation Pattern




1. CIA Components

Multiple Choice Test (20 Marks) This component tests familiarity and






purpose.



about International finance and institution and to work in teams with a deadline.



Sections Type Marks




92



Sections Type Marks




93

COURSE: SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

CODE: MCO406B CREDIT 03

Course Description

This program focuses on the securities market and different securities available to invest.

Different approaches to analyze these securities like fundamental analysis, technical analysis

and valuations of bond and shares also included. This course covers different portfolio

selection methods, forecasting of portfolio’s performance and styles of portfolio management

Learning Outcomes:

Understand the nature of investment, investment process and different activities

involved in the securities market.

Familiar with different securities available to invest international market and

domestically

Able to value fixed income securities like bond.

Understand to compare the intrinsic value with current market price of the equity

Learn how logically and systematically estimate the future dividend and share price.

Able to analyze past price movement of securities and predict future price movement

Able to select best portfolio with help of different portfolio selection models

Predict the performance of the portfolio with different techniques

Understand different styles of portfolio management.

Unit 1: Introduction to Securities. 08 Hours

Focus: Basics and Conceptual

Indian Market-overview ,players ,participants and stock exchanges, Investment meaning,

definitions, Investment v/s speculation, Investment process, investment categories,

characteristics of investments, objectives of investments, types of investors, Hedging,

Innovative financial instruments.

Unit-2: Debt Instruments and Their Valuations. 08 Hours

Focus: Working and Conceptual Knowledge

Players in the debt market, valuation of debt instruments, running yield, simple yield to

maturity, redemption yield, holding period yield, yields to call/put, yields on index linked

bonds, yield curves, risk management, in bonds, bonds duration, convexity and dispersion.

Unit 3: Fundamental Analysis 08 Hours

Focus: Working and Conceptual knowledge

94

EIC analysis, Economic analysis, tools for economic analysis, Industry analysis, standard

industrial classification, tools for industry analysis, quantitative industry analysis, company

analysis, tools for company analysis.

Unit 4: Equity Instruments and Their Valuation: 12 Hours


Share valuation, earnings valuation, revenues valuation, cash flow valuation, asset valuation,

yield valuation, member valuation, and valuation of private company

Unit 5: Technical Analysis 08 hours


Charting tools, charts, line charts, line and volume charts, reversal patterns, continuation

patterns, bar chart, candle stick chart, point and figure chart, Dow theory, Elliot wave theory,

tools of technical analysis, market structure, market indicators.

Unit 6: Portfolio Selection. 10 Hours


Efficient market theory, Random Walk theory, Portfolio risk/return, Traditional portfolio

selection, CAPM, Arbitrage pricing theory (APT)

Unit 7: Portfolio Management and Evaluation. 06 Hours


Growth investing, value investing, passive and active portfolio management. Rupee cost

averaging formula plans, performance Index, Portfolio revision, Sharpe’s ,Traynor’s and

Jensen’s measures of portfolio evaluation, portfolio hedging.

Unit 8: Contemporary Theories of Investment and Global Investment 04 Hours


Artificial neural net works, Ferzzy theory, Behavioral models. Global investments, global

bond and equity market return

Essential Reading

Kevin, S. (2010). Security Analysis and Portfolio anagement. (2nd ed.). New Delhi: PHI

learning Pvt Ltd.

95

References:

1. Pandian, P. (2005). Security analysis and port folio management. (2nd ed.). Noida:

Vikas publishing house Pvt Ltd.

2. Bhat, S. (2008). Security analysis and portfolio management. (1st ed.). New Delhi:

Excel Books.

3. Fischer, D. E., & Ronald J., J. (1994). Security analysis and portfolio management. (5

ed.). New Delhi: Prentice-Hall of India.

4. Chandra,P. (2011). Security Analysis And Portfolio Management.(4 ed).New

Delhi:TataMcGraw Hill Publising company.

5. Ranganatham, M., & Madhumathi, R. (2004). Investment analysis and portfolio

management. (4 ed.). New Delhi: Pearson Education.

Evaluation Pattern




1. CIA Components

Multiple Choice Test (20 Marks:) This component tests familiarity and understanding





referencing.




Group discussion (10 Marks): The objective is to develop the confidence among

students and improvement in their presentation skills.

Case study discussions (10 Marks): Students will be asked to collect the case study

on a particular area related to subject and discuss the various aspects of case .The




Sections Type Marks




96



Sections Type Marks




97

COURSE: CAPITAL MARKET

CODE: MCO407B CREDITS: 03

Course Description:

This course is designed to provide the students with a conceptual understanding of how

financial markets ―work‖, how they are structured, and provide insight into the functioning of

various components of financial market.

Learning Outcomes:

Impart a sound understanding of the capital market. .

Familiarize the candidates with the role of Participants in Capital Markets.

Demonstrate an understanding of legal and regulatory framework affecting the

development Capital Markets in India.

Learning knowledge:


various financial institutions and financial markets operating in India.

Unit-1: Overview of Indian Financial System & Capital Market 04 Hours


Structure of Indian Financial System - Objectives and Functions of Financial System,

Financial System and Economic development. Financial markets – classification financial

assets and Instruments – classification and financial innovation.

Unit -2: Security Markets - Legal Environment: 05 Hours


SEBI–introduction, objectives and functions ,SEBI Act, 1992, Securities Contract Regulation

Act 1956, RBI rules and guidelines for Fll's.

Case study –Critically analyse the role of SEBI in capital market.

Unit – 3 Primary Markets: 10 Hours


Primary market - its role and functions; Methods of selling securities in primary market; New

financial instruments; New Issues: SEBI guidelines for public issues - pricing of issue –

Green shoes option – Book Building, Reverse Book building, promoters contribution,

appointment and role of merchant bankers, underwriters, brokers, registrars and managers,

bankers etc; Underwriting of issues; Allotment of shares; Procedures for new issues; e-

trading.

Unit – 4 Secondary Markets: 10 Hours

98


Organization of stock exchanges, Role, importance, Functions of a Stock Exchange, listing of

securities in stock exchanges, Stock Brokers, eligibility criteria trading in Stock Exchanges -

Margin Trading, Regulations Relating to Stock Exchanges, Stock Index, Bombay Stock

Exchange, National Stock exchange, Calcutta Stock Exchange, Over the Counter Exchange

of India, leading stock exchanges of the world.

Unit – 5 Secondary Market Operations: 12 Hours


Trading mechanism – intraday and delivery based transactions, badla trading (brief

introduction) ,screen based system; Insider trading; Take-over; Internet based trading.

Settlement procedures – trading requirement - Demat and Trading account - Trading

documents – contract note – delivery notes – account statement.

Depository: Role and need; The Depositories Act, 1996; SEBI (Depositories and Participants

Regulation) 1996; SEBI (Custodian of Securities) Regulation 1996; National Securities

Depository Ltd. (NSDL); Depository participant.

Unit - 6: Money Market Operations 10 Hours


Definition - Money market V/s Capital Markets – composition of Money market - Sub-

Markets – Bill market in India – New Money Market Instruments - Classification of Money

Market Instruments – Money Market Rates – Commercial Paper – Certificate of Deposits –

Participation Certificates – New Instruments – Money Market Mutual Funds.

Unit -7: Fixed Income Securities Markets: Overview 05 Hours


Features - types – Debt market in India - Institutional Arrangements - Market Participants and

Instruments - Investors Perspectives: Risk and Rewards - Treasury Securities Auction -

Government Bond Markets - Auction Mechanisms - Uniform vs Discriminatory Auction -

Auction and Repo Markets - Markets Implications of Auctions

Unit -8: Latest Developments in Indian And Global Capital Market 04 Hours


99

International Markets: FIIs, Euro issues,ECB, , latest guidelines of ECB, ADR's, GDR's, IDR

,FCEB and FDI; Guidelines for raising funds from the international markets through various

instruments; International bonds – Bulldog ,Yankee ,Samurai ,Bunny Bonds.

Essential Reading

1. Pathak,B. V. (2011). Indian Fianacial System. Delhi: Pearson.

2. Natarajan ,K. & Gordon, E. (2012). Financial markets and services. Mumbai:

Himalaya Publishing House.

3. Guruswamy, S. (2010). Financial markets and institution. New Delhi: Tata McGraw

Hill.

References:

1. Machiraju, H.R. (2009). Indian Fianacial Syatem. Noida: Vikas Publishing House.

2. Machiraju, H.R. (2011). Working of Stock Exchanges in India. New Delhi: New Age

International.

3. sasidharan, K. & Mathew, A. (2011). Financial services and system. Delhi: Tata

McGraw Hill.

4. Avadhani, V.A. (2012). Investment and Seurities Market in India. Mumbai: Himalaya

Publishing House.

5. Bhole,L.M.,& Mahakud.J.(2009).Financial institutions and Markets. New Delhi: Tata

McGraw Hill.

Evaluation Pattern




1. CIA Components

Multiple Choice Test (20 Marks): This component tests familiarity and understanding





referencing.




Individual Presentation (10 mks): The objective is to develop the confidence and

improvement in presentation skills.

Case study discussions (10 mks): Students will be asked to collect the case study on a

particular area related to subject and discuss the various aspects of the case .The



100


Sections Type Marks






Sections Type Marks




Master of Commerce (M Com)

Method of Evaluation

Students are evaluated for each paper on the basis of written examination and continuous

internal assessment.

Each paper carries maximum of 100 marks and is evaluated as follows:

End Semester Exam (ESE) : 50%

Mid Semester Exam : 25%

Continuous Internal Assessments (CIA) : 25%

Total : 100%

Written Examination

Mid Semester Exam – 50 marks (2 hours)

End Semester Exam – 100 marks (3 hours)

Mid Semesters Exam marks will be taken for Internal Assessment

(CIA - 1)

101

End Semester Exam marks will be reduced to 50 for deciding the promotion criteria

along with CIA marks.

CIA – 1 : MSE marks will be reduced to 25 for this purpose

CIA – 2 : Continuous Internal Assessment

Continuous Internal Assessment – 2

CIA – 2 will have three components

Written (reports) – Individual

Presentation and VIVA

Parameters of evaluation:

Written – content, relevance of information

Presentation & VIVA – Knowledge & understanding of the concept

Written & presentation/ VIVA will carry 50% marks each respectively

Attendance

The marks distribution for attendance is as follows:

95 – 100% - 5 marks

90 – 94% - 4 marks

85 – 89% - 3 marks

80 – 84% - 2 marks

76 – 79% - 1 mark

PAPER BY RESEARCH –LEARNING METHODOLOGY - ASSESSMENT AND

EVALUATION

Continuous Internal

Assessment

CIA -1 (For 25 marks)

CIA – 2 (For 20 marks)

Attendance (for 5 marks)

102

1. The faculty will briefly explain the various topics to be covered with respect to the

content, scope, area to be covered under each topic and the courses of information etc

during the first 8 to 10 hrs of the respective semester.

2. The class is divided into groups of 3 to 4 students and each group is assigned specific

topic to carry out the research. The research work will be carried out under the

supervision of the faculty in the library during the allotted time. Groups are allotted

specific time to meet the guide with in the allotted time schedule for guidance.

3. The faculty guide will keep a record of discussions he had with the groups and will be

entered in the work diary. This will continue for about 2 to 25 hours.

4. On the basis of the research and continuous discussion with the guide, the group will

prepare the course material for the respective topics assigned for them. This will be

revised by the guide in discussion with the group. Once the course materials for all

groups are reviewed and finalized, it will be combined to make up the course material

of the research paper.

5. For the next 20 hrs presentation of the papers by the students will go on. Every

student will make the presentation. About the topic he/she has done with the group.

The class will actually interact with the presentation and will be supplemented by

faculties observation and suggestions. Students presentation will be assessed for CIA3

6. The groups will have questions only from the topics assigned to them for Mid-


7. Research papers carry 150 marks each. 50 marks allotted to the research work: - For

research material 30 Marks, Attending the library 10 marks and for the interaction

with the guide 10 marks. 100 marks will be for End semester examination and CIA

QUESTION PAPER PATTERN

Section A

Short answer questions – 7 questions (out of 10) – 5 marks each

(35 marks)

Section B

Analytical / Essay type questions – 5 questions (out of 7) – 10 marks each

(50 marks)

Section C

Case Analysis – 1 question x 15 marks (15 marks)

GUIDELINES FOR ASSESMENT & EVALUATION FOR INTERNSHIP REPORT

AND VIVA

Each student should undertake an internship study of the organization for a period of

two months during May & June & carry out a detailed analysis.

103

This study will help the student to have a clear knowledge of what an organization is

& the major factors that lead to structuring of the organization & how good an

organization structure will enable in achieving the objectives effectively & efficiently.

The study will also reinforce the theoretical knowledge acquired in terms of

applications.

Faculty mentor will be nominated for each student by the department.

The study should cover the following topics :

o Profile of the organization.

o Mission, objectives & strategies of the organization.

o Organization design & structure

o Policies & procedures followed.

o SWOT analysis of the organization.

o Key result areas of the organization.

o System of accounting followed.

o Significant factors for success.

o Performance appraisal system.

o Financial highlights.

o Future plans for growth of the organization..

Students should interact with the faculty guide every week & report the progress

made.

The report has to be submitted latest by July 15th

,

Students will be assessed & evaluated on the basis of the following criteria :

o Report will be evaluated for 50 marks.

o Presentations/viva for 50 marks.

S.No Reg

No

Name Introduction

(5)

Functional

areas(10)

SWOT

(10)

Financial

Analysis(10)

Findings &

Suggestions

(10)

Certificates

Formats (5)

Total (50)

GUIDELINES FOR ASSESMENT & EVALUATION FOR TEACHING PRACTICE

MAXIMUM MARKS: 50

1. Thirty hours of teaching assignments for B.Com shall be undertaken by each student

during the 4th

semester

2. Each student shall be under the supervision of a faculty mentor /guide.

3. The 30 hrs may be distributed among 3 or 4 subjects, which shall be a combination of

theory and problem based papers.

4. A Structured Plan stating the Topic, Objectives, Methodology and Evaluation shall be

prepared in advance by the student for each class session and submitted to the faculty

mentor/guide.

5. Faculty guides shall maintain an assessment register for their respective students and

record assessment for each session on the given parameters.

Assessment Criteria:

1. Preparation of the material, its content, coverage & quality 25

104

2. Presentation 20

- Contents

- Confidence

- Convincing

3. Summation Question Answers 5

-------

50

-------

Total marks scored for 30 hours will be converted out of 50 will be calculated out of

50 marks.