SCHOOL OF COMMERCE,GRAPHIC ERA HILL UNIVERSITY

DEHRADUN Course Code: BCH 301 L T P C Course Name: BUSINESS MATHEMATICS 5 1 0 6 Objective: The objective of this course is to familiarize the students with the basic mathematical tools, with an emphasis on applications to business and economic situations. Unit I: Matrices and Determinants (Lectures 11) a. Algebra of matrices. Inverse of a matrix, Matrix Operation – Business Application b. Solution of system of linear equations (having unique solution and involving not more than three variables) using matrix inversion Method and Cremer’s Rule, The Leontief Input Output Model (Open Model Only). Unit II: Calculus I( Lectures 10) a. Mathematical functions and their types- linear, quadratic, polynomial, exponential, b. Logarithmic function Concepts of limit, and continuity of a function c. Concept and rules of differentiation, Maxima and Minima involving second or higher order derivatives. d Concept of Marginal Analysis, Concept of Elasticity, Applied Maximum and Minimum Problems including effect of Tax on Monopolist’s optimum price and quantity, Economic Order Quantity. Unit III: Calculus II (Lectures 16) a. Partial Differentiation: Partial derivatives up to second order; Homogeneity of functions and Euler’s theorem; Total differentials; Differentiation of implicit functions with the help of total differentials b. Maxima and Minima: Cases of two variables involving not more than one constraint including the use of the Lagrangian multiplier. c. Integration: Standard forms. Methods of integration – by substitution, by parts, and by use of partial fractions; Definite integration; Finding areas in simple cases d. Application of Integration to marginal analysis. Consumer’s and Producer’s Surplus, Rate of Sales and the Learning Curve Unit IV: Mathematics of Finance (Lectures 5) a. Rates of interest-nominal, effective– and their inter-relationships in different compounding situations. b. Compounding and discounting of a sum using different types of rates. c. Types of annuities, like ordinary, due, deferred, continuous, perpetual, and their future and present values using different types of rates of interest. Depreciation of Assets. (General annuities to be excluded) Unit V: Linear Programming( Lectures 10) a. Formulation of linear programming problem (LPP). Graphical solution to LPP. Cases of unique and multiple optimal solutions. Unbounded solutions, infeasibility, and redundant constraints. b. Solution to LPP using Simplex method – maximization and minimization cases. Shadow prices of the resources. Identification of unique and multiple optimal solutions, unbounded solution, infeasibility and degeneracy. Suggested Readings: 1. Mizrahi and Sullivan. Mathematics for Business and Social Sciences. Wiley and Sons. 2. Budnick, P. Applied Mathematics. McGraw Hill Education. 3. R.G.D. Allen, Mathematical Analysis For Economists 4. Ayres, Frank Jr. Schaum’s Outlines Series: Theory and Problems of Mathematics of Finance. McGraw Hill Education. 5. Dowling, E.T., Mathematics for Economics, Schaum’s Outlines Series. McGraw Hill Education.

Course Code: BCH 302 L T P C Course Name: CORPORATE ACCOUNTING 5 1 0 6 Objective: To help the students to acquire the conceptual knowledge of the corporate accounting and to learn the techniques of preparing the financial statements. Unit I: Accounting for Share Capital & Debentures (25 Lectures) Issue, forfeiture and reissue of forfeited shares: concept & process of book building; Issue of rights and bonus shares; Buy back of shares; Redemption of preference shares; Issue and Redemption of Debentures Unit II: Final Accounts (6 Lectures) Preparation of profit and loss account and balance sheet of corporate entities, excluding calculation of managerial remuneration Unit III :Valuation of Goodwill and Valuation of Shares (6 Lectures) Concepts and calculation: simple problem only Unit IV: Amalgamation of Companies (15 Lectures) Concepts and accounting treatment as per Accounting Standard: 14 (ICAI) (excluding inter-company holdings). Internal reconstruction: concepts and accounting treatment excluding scheme of reconstruction. Unit V: Accounts of Holding Companies/Parent Companies (8 Lectures) Preparation of consolidated balance sheet with one subsidiary company. Note: 1. The relevant Indian Accounting Standards in line with the IFRS for all the above topics should be covered. 2. Any revision of relevant Indian Accounting Standard would become applicable immediately. Suggested Readings: 1. J.R. Monga, Fudamentals of Corporate Accounting. Mayur Paper Backs, New Delhi. 2. M.C. Shukla, T.S. Grewal, and S.C. Gupta. Advanced Accounts. Vol.-II. S. Chand & Co., New Delhi. 3. S.N. Maheshwari, and S. K. Maheshwari. Corporate Accounting. Vikas Publishing House, New Delhi. 4. Ashok Sehgal, Fundamentals of Corporate Accounting. Taxman Publication, New Delhi. 5. V.K. Goyal and Ruchi Goyal,. Corporate Accounting. PHI Learning. 6. Jain, S.P. and K.L. Narang. Corporate Accounting. Kalyani Publishers, New Delhi. 7. Bhushan Kumar Goyal, Fundamentals of Corporate Accounting, International Book House 8. P. C. Tulsian and Bharat Tulsian, Corporate Accounting, S.Chand 9. Amitabha Mukherjee, Mohammed Hanif, Corporate Accounting, McGraw Hill Education 10. Compendium of Statements and Standards of Accounting. The Institute of Chartered Accountants of India, New Delhi.

Course Code: BCH 303 L T P C Course Name: CORPORATE LAW 5 1 0 6 Objective: The objective of the course is to impart basic knowledge of the provisions of the Companies Act 2013 and the Depositories Act, 1996. Case studies involving issues in corporate laws are required to be discussed. Unit I: Introduction (15 Lectures) Characteristics of a company; lifting of corporate veil; types of companies including one person company, small company, and dormant company; association not for profit; illegal association; formation of company, on-line filing of documents, promoters, their legal position, pre-incorporation contract; on-line registration of a company. Unit II: Documents (15 Lectures) Memorandum of association, Articles of association, Doctrine of constructive notice and indoor management, prospector-shelf and red herring prospectus, misstatement in prospectus, GDR; book-building; issue, allotment and forfeiture of share, transmission of shares, buyback and provisions regarding buyback; issue of bonus shares. Unit III: Management (15 Lectures) Classification of directors, women directors, independent director, small shareholder’s director; disqualifications, director identity number (DIN); appointment; Legal positions, powers and duties; removal of directors; Key managerial personnel, managing director, manager; Meetings: Meetings of shareholders and board of directors; Types of meetings, Convening and conduct of meetings, Requisites of a valid meeting, postal ballot, meeting through video conferencing, e-voting. Unit IV: (15 Lectures) Dividends, Accounts, Audit: Provisions relating to payment of Dividend, Provisions relating to Books of Account, Provisions relating to Audit, Auditors' Appointment, Rotation of Auditors. Winding Up: Concept and modes of Winding Up. Insider Trading, Whistle Blowing: Insider Trading; meaning & legal provisions; Whistleblowing: Concept and Mechanism. Unit V: Depositories Law(5 Lectures) The Depositories Act 1996 – Definitions; rights and obligations of depositories; participants issuers and beneficial owners; inquiry and inspections, penalty. Suggested Readings: 1. MC Kuchhal, Modern Indian Company Law, Shri Mahavir Book Depot (Publishers), Delhi. 2. GK Kapoor and Sanjay Dhamija, Company Law, Bharat Law House, Delhi. 3. Anil Kumar, Corporate Laws, Indian Book House, Delhi 4. Reena Chadha and Sumant Chadha, Corporate Laws, Scholar Tech Press, Delhi. 5. Avtar Singh, Introduction to Company Law, Eastern Book Company 6. Ramaiya, A Guide to Companies Act, LexisNexis, Wadhwa and Buttersworth. 7. Manual of Companies Act, Corporate Laws and SEBI Guideline, Bharat Law House, New Delhi.

Course Code: BCH 304 L T P C Course Name: MACRO ECONOMICS 5 1 0 6 Objective: The course aims at providing the student with knowledge of basic concepts of the macro economics. The modern tools of macro-economic analysis are discussed and the policy framework is elaborated, including the open economy. Unit I: Introduction (5 Lectures) concepts and variables of macroeconomics, income, expenditure and the circular flow, components of expenditure. Static macroeconomic analysis short and the long run –determination of supply, determination of demand, and conditions of equilibrium Unit II: Economy in the short run (20 Lectures) IS–LM framework, fiscal and monetary policy, determination of aggregate demand, shifts in aggregate demand, aggregate supply in the short and long run, and aggregate demandaggregate supply analysis. Unit III: Inflation, Unemployment and Labour market( 20 Lectures) Inflation: Causes of rising and falling inflation, inflation and interest rates, social costs of inflation; Unemployment – natural rate of unemployment, frictional and wait unemployment. Labour market and its interaction with production system; Phillips curve, the trade-off between inflation and unemployment, sacrifice ratio, role of expectations adaptive and rational Unit IV: Open economy(13 Lectures) Open economy – flows of goods and capital, saving and investment in a small and a large open economy, exchange rates, Mundell – Fleming model with fixed and flexible prices in a small open economy with fixed and with flexible exchange rates, interest-rate differentials case of a large economy. Unit V: (7 Lectures) Behavioral Foundations- Investment –determinants of business fixed investment, effect of tax, determinants of residential investment and inventory investment. Demand for Money – Portfolio and transactions theories of demand for real balances, interest and income elasticities of demand for real balances. Supply of money Suggested Readings: 1. Mankiw, N. Gregory. Principles of Macroeconomics. Cengage Learning 2. Robert J Gordon, Macroeconomics, Pearson Education 3. Branson, William H. Macroeconomic Theory and Policy. HarperCollins India Pvt. Ltd. 4. Rudiger Dornbusch and Stanley Fischer, Macroeconomics. McGraw-Hill Education. 5. Rudiger Dornbusch, Stanley Fischer, and Richard Startz, Macroeconomics. McGraw-Hill Education 6. Oliver J. Blanchard, Macroeconomics, Pearson Education 7. G. S. Gupta, Macroeconomics: Theory and Applications, McGraw-Hill Education 8. Shapiro, Macroeconomic Analysis,

Course Code: BCH 305 L T P C Course Name: E-COMMERCE 4 0 0 4 Objective: To enable the student to become familiar with the mechanism for conducting business transactions through electronic means Unit I: Introduction: (8 Lectures) Meaning, nature, concepts, advantages, disadvantages and reasons for transacting online, types of E-Commerce, e-commerce business models (introduction , key elements of a business model and categorizing major E-commerce business models), forces behind ecommerce. Technology used in E-commerce: The dynamics of world wide web and internet( meaning, evolution and features); Designing, building and launching e-commerce website (A systematic approach involving decisions regarding selection of hardware, software, outsourcing vs. in-house development of a website) Unit II: Security and Encryption: (8 Lectures) Need and concepts, the e-commerce security environment: (dimension, definition and scope of esecurity), security threats in the E-commerce environment (security intrusions and breaches, attacking methods like hacking, sniffing, cyber-vandalism etc.), technology solutions (Encryption, security channels of communication, protecting networks and protecting servers and clients) Unit III: IT Act 2000 and Cyber Crimes (8 Lectures) IT Act 2000: Definitions, Digital signature, Electronic governance, Attribution, acknowledgement and dispatch of electronic records, Regulation of certifying authorities, Digital signatures certificates, Duties of subscribers, Penalties and adjudication, Appellate Tribunal, Offences and Cyber-crimes Unit IV: E-payment System: (8 Lectures, 4 Practical Lab) Models and methods of e–payments (Debit Card, Credit Card, Smart Cards, e-money), digital signatures (procedure, working and legal position), payment gateways, online banking (meaning, concepts, importance, electronic fund transfer, automated clearing house, automated ledger posting), risks involved in e-payments. Unit V: On-line Business Transactions: (8 Lectures, 4 Practical Lab) Meaning, purpose, advantages and disadvantages of transacting online, E-commerce applications in various industries like {banking, insurance, payment of utility bills, online marketing, e-tailing (popularity, benefits, problems and features), online services (financial, travel and career), auctions, online portal, online learning, publishing and entertainment} Online shopping (amazon, snapdeal, alibaba, flipkart, etc.) Unit VI: Website designing (18 Practical Lab) Introduction to HTML; tags and attributes: Text Formatting, Fonts, Hypertext Links, Tables, Images, Lists, Forms, Frames, Cascading Style Sheets. Suggested Readings: 1. Kenneth C. Laudon and Carlo Guercio Traver, E-Commerce, Pearson Education. 2. David Whiteley, E-commerce: Strategy, Technology and Applications, McGraw Hill Education 3. Bharat Bhaskar, Electronic Commerce: Framework, Technology and Application, 4th Ed., McGraw Hill Education 4. PT Joseph, E-Commerce: An Indian Perspective, PHI Learning 5. KK Bajaj and Debjani Nag, E-commerce, McGraw Hill Education 6. TN Chhabra, E-Commerce, Dhanpat Rai & Co.

Course Code: XCH301 L T P C

Course Name: CAREER SKILLS 2 0 0 2

Objective: To equip students of the B.Com (Hons.) course effectively to acquire occupational ability

skills .

UNITI (7 LECTURES)

Introduction to Reasoning, basics, concepts and practice of Arrangement based questions

(Linear, Vertical, Circular, any other). Concepts and practice of Tabular or Grid based

questions.

UNIT II(7 LECTURES)

Blood Relations concepts, types of questions and their practice. Concepts and practice of

Grouping or condition based questions.

UNIT III(6 LECTURES)

Concepts and practice of Direction Sense, Coding-Decoding and Series Completion.

UNIT IV (5 LECTURES)

Syllogism and Mathematical Reasoning.

UNIT V(5 LECTURES)

Miscellaneous problems including Cubes and basic Puzzles

Suggested Readings:

1. Dr. R.S.Aggarwal, Verbal and Non-Verbal Reasoning for Competitive exams.

2. Shakuntala Devi, Puzzles to puzzle you, Orient Paperbacks.

3. George Summers, Puzzles and Teasers, Jaico Publishing.

4. P.A.Anand, A Textbook of Reasoning, Savera Publications compiled for Graphic Era

Educational Society.

Course Code : BCH 501 L T P C

Course Name : MANAGEMENT ACCOUNTING 3 1 0 4

UNIT I 8 Hours

Nature and Scope, Difference between Financial Accounting and Management Accounting,

tools and techniques of Management Accounting- Ratio-Analysis, Fund Flow Analysis and

Cash Flow Analysis as per revised AS. UNIT II 8 Hours

Budgeting and Budgetary control: Concept of budget and budgetary control objectives, merits,

and limitations, Budget administration, Functional budgets, Fixed and flexible budgets, Zero base budget and performance budgets.

UNIT III 9 Hours

Standard costing and variance analysis: Meaning of standard cost and standard costing: Advantages, limitations and applications, Variance analysis – material, labour, overhead and

sales variances.

UNIT IV 8 Hours

Absorption versus variable costing: Distinctive features and income determination. Cost-Volume-Profit Analysis: Break-even analysis-algebraic and graphic methods.

Contribution / sales ratio, key factor. Margin of safety.

UNIT V 9 Hours

Decision making: Costs for decision making, variable costing and differential analysis as aids in making decisions – fixation of selling price, exploring new

market, make or buy, product mix, operate or shut down.

Suggested Readings:

1. Maheshwari, S.N: Management Accounting- Vikas Publication, New Delhi. 2. Ravi M Kishore, Management Accounting, Taxman Publication, New Delhi.

3. Mittal, D.K. and Luv Mittal. Cost Accounting. Galgotia Publishing Co., New Delhi.

4. Arora, M.N. Cost Accounting – Principles and Practice. Vikas Publishing House, New Delhi.

5. Shukla, M.C., T.S. Grewal and M.P. Gupta. Cost Accounting, Text and Problems. S. Chand & Co. Ltd., New Delhi.

6. H.V. Jhamb, Management Accounting, ANE Books Pvt. Ltd. New Delhi

Course Code : BCH 502 L T P C

Course Name : INVESTMENT MANAGEMENT 3 0 0 3

UNIT I 8 Hours

The Investment Decision Process: Types of Investments – Commodities, Real Estate and

Financial Assets, the Indian securities market, the market participants and trading of

securities, security market indices, sources of financial information, Concept of return and risk

(including Capital Asset Pricing Model).

UNIT II 8 Hours

Fixed Income Securities - Bond features, types of bonds, estimating bond yields,

types of bond risks, default risk and credit rating.

UNIT III 10 Hours

Approaches to Equity Analysis: Introductions to Fundamental Analysis, Technical Analysis and Efficient Market Hypothesis, dividend capitalisation models, and price-earnings multiple

approach to equity valuation.

UNIT IV 8 Hours

Portfolio Analysis and Derivatives: Portfolio and Diversification, Portfolio Risk and Return.

Commodities, real estate, and mutual funds. Introduction to Financial Derivatives, Financial Derivatives Markets in India.

UNIT V 8 Hours

SEBI & role of stock exchanges in investor protection, investor grievances and their redressal

system, insider trading and investors awareness.

Suggested Readings:

1.Jones, C.P., Investments Analysis and Management, Wiley, 8th ed.

2. Bhalla, V.K., Investment Management, S. Chand & Co.

3. Singh, Preeti., Investment Management, Himalaya Publications.

4. Prasanna, Chandra., Investment Analysis and Portfolio Management, Tata McGraw Hill.

5.Vohra, N.D., and B.R. Bagri, Futures and Options, 2nd ed. (2003), Tata McGraw

Hill Publishing Company Ltd.

6.Prasanna, Chandra., How to Win Investment Game, Tata McGraw Hill.

Course Code : BCH 503 L T P C

Course Name : RISK MANAGEMENT AND INSURANCE 3 1 0 4

UNIT I 7 Hours

Concept of risk; objective of risk management; need for a risk management; types of risk; Identification and measurement of risk; risk evaluation and prediction.

UNIT II 9 Hours

Risk Aversion and Risk Management: Risk aversion and demand for insurance by individual;

business risk management and demand for insurance; Application of statistical techniques in risk avoidance; disaster risk management; Insurability of risk contractual provisions and legal

doctrines; premium loading; moral hazards; deductibles and claim processing costs; risk

retention and transfer; legal aspects of insurance contract; principle of indemnity; estoppels.

UNIT III 10 Hours

Insurance Types : Fire and motor insurance; health insurance; social insurance; home-owners insurance; life insurance and annuities; term insurance; endowment insurance; whole

life insurance; life insurance pricing; employees benefits group; medical coverage; retirement

plans; marine insurance; ships and goods policy; marine risk institute cargo clauses reinsurance.

UNIT IV 8 Hours

Assessment and Control: control of malpractices; negligence, loss assessment and loss

control; exclusion of perils, actuaries, computation of insurance premium.

UNIT V 8 Hours

Globalization of insurance sector; Regulation of risk reduction by IRDA; Reinsurance; coinsurance assignment.

Suggested Readings:

1. Scott Harrington and Gregory Niehaus, Risk Management and Insurance, 2nd ed., Tata

McGraw- Hill, 2004.

2. Dorfman, Risk Management and Insurance, PHI 3. Gupta, PK, Insurance and Risk Management,Himalaya Publishing House, 2004

4. Mishra, MN, Principles and Practices of Insurance, S. Chand and Co., 2004

5. Panda, GS, Principles and Practices of Insurance, Kalyani Pub. 2004

Course Code : BCH 504 L T P C

Course Name : AUDITING 3 1 0 4

UNIT I 8 Hours

Introduction: Meaning, Objects, Basic Principles and Techniques. Classification of

Audit. Audit Planning. Internal Control – Internal Check and Internal Audit.

UNIT II 6 Hours

Audit Procedure: Vouching and verification of Assets & Liabilities.

UNIT III 10 Hours

Audit of Limited Companies:

i) Company Auditor: Qualifications and disqualifications, Appointment,

Removal, Remuneration, Rights, Duties and Liabilities. ii) Audit Committee

iii) Auditor’s Report: Contents and Types. Auditor’s certificates

iv) Emphasis on Companies (Auditors Report) order, 2003 (CARO – 2003).

UNIT IV 8 Hours

Special Areas of Audit: Special features of Cost audit. Tax audit and Management Audit.

UNIT V 10 Hours

Recent Trends in Auditing: Basic considerations of audit in EDP Environment and Relevant

Auditing and Assurance Standards (AASs).

Suggested Readings:

1. Jha, Aruna. A Students Guide to Auditing. Taxman.

2. Tandon, B. N., S. Sudharsanam and S. Sundharabahu. A Handbook of Practical Audiditng. S. Chand and Co. Ltd., New Delhi.

3. Institute of Chartered Accountants of India. Auditing and Assurance Standards. ICAI, New Delhi.

4. Gupta, Kamal and Ashok Arora. Fundamentals of Auditing. Tata Mc-Graw Hill

Publishing Co. Ltd., New Delhi.

5. Ghatalia, S.V. Practical Auditing. Allied Publishers Private Ltd., New Delhi. 6. Singh, A. K. and Gupta Lovleen. Auditing Theory and Practice. Galgotia Pub.

Company.

Course Code: BCH 505 L T P C

Course Name: INCOME TAX LAW & ACCOUNTS 3 1 0 4

UNIT I 8 Hours

Important definitions including Income, Agricultural Income, Assessee, Previous year,

Assessment year, Person, Residential status and Incidence of residence on Tax Liability.

UNIT II 8 Hours

Computation of total income with reference to the residence, Exemption and Exclusion:

Exempted Incomes and Incomes included in total income but not taxable.

UNIT III 9 Hours

Computation of Income: Salaries Income from house property : Profits and gains from business

or profession, Capital gains and Income from other sources, Provision of Carry forward and set

off.

UNIT IV 9 Hours

Deductions and reliefs: Deductions to be made in computing Total Income: Provisions

regarding rebates of Income tax and relief. Deductions and collection of Tax at source: Advance

payment of tax and payment of tax after Assessment.

UNIT V 8 Hours

Assessment of Individuals and Hindu Undivided Family and Computation of Tax

Liability

Suggested Readings:

1. Singhania.V.K, Taxman- Students guide to Income Tax.

2. Dr. Ahuja, G. Bharat Publication: Systematic approach to Income tax, service tax and

VAT. 3. Mehrotra, H.C: Direct Taxes law and practices: Manual

Course Code: XCH501 L T P C

Course Name: CAREER SKILLS 2 0 0 2

Objective: To equip students of the B.Com (Hons.) course effectively to acquire occupational ability

skills .

UNITI(6 LECTURES)

Understanding Numbers, Divisibility rules, properties of remainders, LCM-HCF and their

applications, concept of the last digit, Concepts and application of Percentages.

UNIT II(6 LECTURES)

Profit, loss and discount, simple and compound interest, ratio-proportion and it’s application.

UNIT III(5 LECTURES)

Averages, ages, mixtures and solutions.

UNITIV(5LECTURES)

Concepts of time, speed, distance, concepts of time and work and it’s applications.

UNIT V(8 LECTURES)

Permutation, combination and probability.Set theory, clocks, calendar, basic Data

Interpretation and Data Sufficiency it’s applications.

Suggested Readings:

1. R.S.Aggarwal, Quantitative Ability for MBA

2. Nishit Sinha, Number System for Competitive exams.

3. Question Bank and Practise Exercise (created for internal use).