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JECRC University, Jaipur

Department of Commerce

M.Com (Financial Markets)

Two year full time postgraduate Course

Curriculum 2013- 14

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INTRODUCTION

JECRC University Jaipur is launching a M.Com (Financial Markets) Programme during the year

2013 - 2014 to be offered through Department of Commerce.

1. TITLE OF THE PROGRAMME

The Course shall be called Master of Commerce in Financial Markets which is abbreviated as

MFM.

2. OBJECTIVE

The basic objective of the M.Com program is to provide Advance / Practically knowledge of

the commerce stream of competent young men and women with the necessary knowledge,

skills, values and attitudes to occupy key operational positions

The course structure of the given M.Com program is designed keeping in view the basic

requirements of the industries. Consequently essential features and structure of such

model program would be:

a) To impart to the students latest and relevant knowledge from the field of Finance,

Accounting, Taxation, Banking, etc. management theory and practice.

b) To provide opportunities to the students. Within and outside the institution, for

developing necessary operating skills relating to the Industry.

M.Com is offered by MUJ in three Specialize Areas:- Accounting & Taxation , Banking

Management , Financial Markets.

To develop the right kind of values and attitudes to function effectively in the competitive

environment.

3. DURATION OF THE COURSE

The MFM course shall be of Two years duration in Four Semesters.

The Maximum duration for a student for complying with the degree requirement is twice

(4 Years) the duration of the academic Programme for date of first registration for his /

her first semester.

4. CREDIT REQUIREMENT FOR THE AWARD OF DEGREE:-

M.Com (MFM) 100 Credits.

The Credit distribution in four semester are as follows:

Semester No. of Total credit per semester Cumulative

Credits

I 21 21

II 22 43

III 23 66

IV 24 90

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5. ELIGIBILITY FOR ADMISSION

Admission to the M.Com course is open to all candidates those who possess a B.Com

education from recognized University.

Those who secure 50 percent aggregate marks in a B.Com from a recognized University

are eligible to apply for the Programme.

The selection for the M.Com course is purely on merit basis.

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JECRC University, Jaipur.

Course Structure M.Com (Financial Markets)

PREVIOUS YEAR:

SEMESTER – I

Paper Code Subject L T P C

CO 11002 Business Statistics 2 1 - 3

CO11201 Financial Management 2 1 - 3

CO11202 Capital Market 3 - - 3

CO11203 Regulatory aspects of Financial Markets 2 1 - 3

CO11204 Security Analysis & Valuation – I 3 - - 3

G 11007 Research Methodology 3 1 - 4

CO11205 Seminars / Presentations - - 4 2

TOTAL 15 4 4 21

SEMESTER – II

Paper Code Subject L T P C

CO12201 Financial Derivatives 2 1 - 3

CO12202 Security Analysis – II 2 1 - 3

CO12203 Commodity Markets 2 1 - 3

CO12204 Customer Relationship Management 3 - - 3

CO12205 Financial Institutions 3 1 - 4

CO12206 Working Capital Management 3 1 - 4

CO12207 Seminars / Presentations - - 4 2

TOTAL 15 5 4 22

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FINAL YEAR:

SEMESTER – III

Paper Code Subject L T P C

CO13201 World Financial Markets & Institutions 2 1 - 3

CO13202 Portfolio Management 2 1 - 3

CO13203 Forex Market 2 1 - 3

CO13204 Risk Management 3 - - 3

G 13002 Computer Applications 3 - - 3

G13003 Computer Applications (Lab) - - 2 1

CO 13205 Summer Training Report - - 8 4

G13004 Communication Skills 3 - - 3

TOTAL 15 3 10 23

SEMESTER – IV

Paper Code Subject L T P C

CO14201 Tax Planning 3 1 - 4

CO14202 Stock Markets Analysis 3 - - 3

CO14203 Corporate Accounting 3 1 - 4

CO14204 Options & Futures Market 3 - - 3

CO14205 Mutual Funds 3 - - 3

CO14206 Seminars / Presentations - - 4 2

CO14207 Project - - 10 5

TOTAL 15 2 14 24

Total Credits 21+ 22 + 23 + 24 = 90

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M.Com (Financial Markets)

SEMESTER – I

Paper Code: CO11002 Business Statistics - II { 2- 1- 0 3 }

Objective:-

This course will introduce students to different types of statistics & statistical methods.

After the completion of the course the students will able to apply the appropriate statistic

/ or method to real world business problems.

Unit 1 Index number : concept , utility, methods ( simple and weighted average of

relatives and Aggregative Index Numbers)

Time Series Analysis: meaning, Theorems of time series, decomposition of time

series, Analysis of Trend, Application of Time Series in Business.

Unit 2 Forecasting: Meaning, concept, types, importance and Methods of forecasting,

General Approach to forecasting.

Theory of Probability : Concept, meaning, three approaches to determining

Probability, Laws of Probability.

Unit 3 Probability Distribution; Probability distribution as a concept; Binomial, Poisson, and Normal distributions –their properties and parameters. Empirical distribution- generating;

Applications to business, Sampling:- Meaning, Basic concept of sampling distribution, sampling distribution of means and proportion for large samples.

Suggested

Readings

Hooda, R.P. Statistics for Business and Economics, Macmillan, New Delhi.

S.P. Gupta ; Statistics, Sultan Chand & Sons.

Levin and Rubin: Statistics for Management; Pearson Publication, New Delhi.

Paper Code: CO11201 Financial Management (2 - 1- 0 3)

Objectives:-

To provide an exposure to the conceptual framework and significance of financial management in the corporate organization.

To develop an understanding of the tools, techniques & processes involved in financial

planning & taking financing & investment decisions.

Unit 1 Financial Management: Meaning, Scope, Importance and Limitations. Tasks and

responsibilities of Modern finance manager, Ratio Analysis: Liquidity,

Profitability, Activity and Leverage Ratios. Cost of Capital. Operating & Financial

Leverages. Dividend policy.

Unit 2 Capital Structure: Planning & Theories. Capital Budgeting: Meaning, Traditional

& Modern Techniques. Risk Analysis in Capital Budgeting – Nature of

Risk/statistical techniques for risk analysis – Risk analysis in practice – sensitively

analysis – Scenario analysis simulation analysis – Decision trees for sequential

investment decisions – Utility theory and capital budgeting

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Unit 3 Fund Flow Analysis, Cash Flow Analysis, difference between Fund Flow and

Cash flow, difference between Cash Budget and Cash Flow. Management of

Working Capital : Concept, Nature, types, methods of estimating WC.

Suggested

Readings I.M. Pandey, Financial Management, Vikas Publication. ( 4

th Edition)

M.R. Agarwal, Financial Management, Garima Publications, Jaipur.

Bhattacharya (2003). Financial Accounting for Business Managers. Prentice Hall of

India, New Delhi.

Saraswat, Bhatnagar; Financial Management, Ramesh Book Depot. Jaipur.

Paper Code: CO11202 Capital Market { 3– 0 - 0 3 }

Objectives:-

To familiarize the students with basics of capital market, the role & current scenario of capital market in India.

To understand the capital market trading operations of NSE.

To understand the clearing, settlement & risk management processes.

Unit 1 Introduction – Capital Market in India, Structure of Capital Market, the Historical

Backdrop.

Role of Capital Markets – Growth of Capital Market in India, Factors contributing

to growth of capital market in India .Role of Capital Markets in India’s Industrial

Growth.

Indian Capital Market – Problems – The Pre – Reform Phase: Problems of the

Equity Market, Problems of the Debt Market. Current Capital Market Scenario.

Unit 2 Stock Brokers, NSE Membership, Trading – Introduction, Neat system, Market

types, order management, trade management, Retail Debt Management, Block

Trading session, Clearing, settlement & Risk Management, Time value of Money,

Financial Statement analysis.

Unit 3 Strengthening The Capital Market – The Post Reform Phase: Steps taken to

strengthen the Government Securities Market. Security and Exchange Board of

India (SEBI), National Stock Exchange (NSE), National Securities Clearing

Corporation, Dematerialization.

Suggested

Readings

Gopal Swami, “ Capital Markets in India” Macmillian India Ltd. (2005)

Khan M Y, Indian Financial System, Tata Mcgraw Publication, New Delhi

Vasant Desai, Indian Financial System & Development, Himalaya Publication,

Mumbai

Paper Code: CO11203 Regulatory Aspect of Financial Markets { 2- 1- 0 3 }

Objectives:-

To familiarize students with various regulatory aspects governing financial markets.

To understand the role of SEBI in governing the same.

Unit 1 Regulating the Business in Stock Exchange and any other securities market.

Security and Exchange Board of India. The Securities Contracts (Regulation) Act,

1956.

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Unit 2 Registering and regulating the working of collective investment schemes,

including mutual funds.

Prohibiting fraudulent and unfair trade practices relating to securities markets.

Unit 3 Insider Trading in Securities – Relevant regulations.

Guidelines issued by Reserve Bank of India for Regulation of Financial Markets.

Suggested

Readings

Tapash Ranjan, Capital Markets and SEBI Regulations –Excel, New Delhi.

K Natarajan, Capital Markets In India –Himalaya, Mumbai.

H.R. Machiraju, Indian Financial System, 4th

Edition, Vikas Publication.

Paper Code: CO11204 Security Analysis & Valuation – I { 3- 0- 0 3 }

Objectives:-

To understand the fundamental concepts of security analysis & valuation.

To familiarize students with various tools of security analysis and the importance of portfolio management for better investment of savings.

Unit 1 Analysis and Valuation of Debt-Bond Pricing, Bond Yield, Risk in debt,

Interest rate risk, Duration, Immunization, Yield Curve.

Unit 2 Term structure of interest rates-Theories explaining term structure of interest

rates, determinations of interest rates.

Equity Valuation – Balance sheet valuation, Dividend Discount Model,

Unit 3 Earnings Multiplier Approach. Earnings to Price Ratio. Expected Return and

Growth , Equity Portfolio Management.

Suggested

Readings

Donald Fischer, Ronald J. Jordan, Security Analysis and Portfolio

Management, Pearson Publication, New Delhi

M. Ranganatham, R. Madhumathi, Security Analysis & Portfolio Management,

Pearson Publication

Sudhindra Bhat, Security Analysis –Tata Mc-Graw New Delhi. (2008)

Paper Code: G11007 Research Methodology { 3- 1- 0 4 }

Objectives :-

To impart knowledge about various stages of the research processes & their application in decision making.

To gain the practical knowledge of SPSS software.

Unit 1 Nature and Scope of Research Methodology; Problem Formulation and Statement

of Research Objectives; Research Process; Research Designs - Exploratory, Descriptive and Experimental Research Designs;

Unit 2 Methods of Data Collection - Observational and Survey Methods; Questionnaire

Design, Attitude Measurement Techniques; Administration of Surveys; Sample

Design, Analysis of Data: Selecting an Appropriate Statistical Technique; Field

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work and Tabulation of Data,

Unit 3 Techniques for Data Analysis- ANOVA, nonparametric tests: chi square, sign test,

Mann Whitney U test, Kruskal Wallis H test; Report writing. Practical Training of

SPSS Software.

Suggested

Readings

Donald R. Cooper, Pamela S. Schindler. Business Research Methods, Tata McGraw Hill Publication, New Delhi.

Kothari C.R. (2006). Research Methodology Methods and Techniques, New Age

International Publication, New Delhi

Paper Code: CO11205 Seminars / Presentations { 0 – 0 - 4 -2 }

The Seminars / Presentations are the part and parcel of regulatory aspects of

Financial Markets & Capital Market Subjects.

SEMESTER – II

Paper Code: CO12201 Financial Derivatives { 2- 1- 0 3}

Objectives:-

To familiarize students with the fundamental of derivatives, role & functioning of derivatives segments in the financial markets.

To learn about trading platform of the currency derivatives segments of stock exchange.

To understand the currency futures as a risk management tool.

Unit 1 Derivatives: Meaning, Concept, Forward Contracts, Future Contracts, Other

Derivative Securities, Types of Traders, Currency Market : Exchange Rate, Types

of Exchange Rate, Factors affecting Exchange Rate, NSE – Currency Derivatives- Hedging & speculation.

Unit 2 Forward Contract and Futures Contract , Pricing of Future Contracts, Interest Rate

Futures, Swaps, Options Markets, Properties of Stock Option Prices, Trading:-

Membership, Categories of Membership (NSE), Trading System, Strategies

Involving Options, Black-Scholes Option Model, Binomial Model.

Unit 3 Options on Stock Indices, Currencies and Futures Contracts, General Approach to

Pricing Derivatives Securities, Interest Rate Derivative Securities, Derivatives

Market in India.

Suggested

Readings

Gupta S.L., Financial Derivatives – Theory Concepts and Problems, Prentice Hall of

India. Hull, Introduction to Futures and Options Markets, Prentice Hall of India. Bell E David, Schleifer, Risk Management Thomson Learning. Bell E David, Schleifer, Decision Making under Uncertainty, Thomson Learning.

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Paper Code: CO12202 Security Analysis – II { 2- 1- 0 3 }

Objectives:-

To understand the advanced concepts on security analysis & valuation.

To enable the students to get acquainted with security analysis with case studies.

Unit 1 Security Analysis – Fundamental analysis which includes Economic, Industry and

Company analysis.

Unit 2 Technical Analysis – Dow Theory, important chart formations, Point and Figure

chart, Moving average analysis, Relative strength analysis, Breadth and Market

sentiment indicators, Evaluation.

Unit 3 Random Walk Hypothesis – Efficient Market Theory, Empirical Evidence on

weak form, semi-strong form and strong form efficient market hypothesis,

Implications for investment analysis.

Suggested

Readings

Donald Fischer, Ronald J. Jordan Security Analysis and Portfolio Management,

Pearson Publication.

M. Ranganatham, R. Madhumathi, Security Analysis & Portfolio Management,

Pearson Publication

Sudhindra Bhat, Security Analysis and Valuation –Tata Mc Graw Hill

Education, New Delhi.

S. Kevin, Security Analysis & Portfolio Management, PHI Learning, New Delhi.

Paper Code: CO12203 Commodity Market { 2- 1- 0 3 }

Objectives:-

To provide basic insight into the role & functioning of commodities markets with particular reference to India.

To know the usage of commodity futures & understand the pricing mechanism of commodity futures

To learn about the NCDEX trading platform, clearing & settlement operations.

Unit 1 Evolution of Commodity Exchanges – Meaning, Role of Commodity Exchanges,

Commodity Derivatives Market in India. Indian Commodity Exchanges. Global

Commodity Derivative Exchanges.

Unit 2 Commodities Traded on NCDEX Platform

Instrument available for Trading – Forward contracts, Limitations of forward

contracts. Option Terminology.

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Unit 3 Pricing Commodity Futures : Spot Trading, Forward contract, Future Contract,

Hedging, Delivery & Condition Guarantees.

Regulatory Framework – Rules governing commodity derivative

exchanges/participants. Rules governing trading on exchanges. Rules governing

investor grievances, Arbitration.

Suggested

Readings

Rajesh Chakraborthy – Capital Markets in India –Response Books, New Delhi.

Ankit Gala, Guide to Indian Commodity Market – Buzzing Stock Publishing

House.

Paper Code : CO12204 Customer Relationship Management { 3- 0- 0 3 }

Objectives:-

To familiarize students with the concept of Customer Relationship Management.

To know its role, functions & importance in the field of financial markets.

Unit 1 Customer Relationship Management:- Introduction, Need, Meaning, Tools,

Process, Customer Marketing Organizations, CRM Success factors

The Customer Service/ Sales Profile:- The Three level of Service, The shape of

Customer Service, CRM creating demand for Hospitality & Tourism. Choosing

CRM strategy:- CRM strategy starting point, CRM strategy creation, Identify

potential strategies.

Unit 2 Customer Retention:- Managing Customer Information, Ethics & Legalities of

Data use, Tools for capturing Customer Information, Interaction between CRM

technology. Relationship Marketing:- Introduction, approaches and growth, CRM

on internet, Choosing the right niche, Rules for the success on the road to E-

commerce

Managing Relationship through Conflict:- Managing relationship through

conflicts, Managing the movement of conflict, Understanding Customers

(Problems & Solutions).

Unit 3 CRM in Marketing:- Initiatives, Cross selling & Upselling, Customer relation,

Behavior Prediction, Customer Profitability and Value Modeling.

Delivering CRM :- Planning CRM program, Managing CRM projects. Tools for

Capturing Customer Information:- Data & Information, Retaining Customer.

Suggested

Readings

Makker, Customer Relationship Management –Tata Mcgraw, New Delhi.

Roberts Galka, Customer Relationship Management –South Western (2008)

Mukherjee Kaushik, Customer Relationship Management – A Strategic

Approach to Market, PHI, New Delhi.

R.P. Singh, Customer Relationship Management, Sumit Enterprises (2009)

Paper Code: CO12205 Financial Institutions { 3- 1- 0 4 }

Objectives:-

The objective of this paper to provide required level of basic knowledge in banking & financial services, banking technology.

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To understand the functioning of various banks in India.

Unit 1 Financial Institution: Meaning, Nature, Role of Financial Institutions, Types of

Financial Institution: Kinds of Money Market and Capital Market Institutions,

Challenges before Financial Institution in India.

Unit 2 Management of Commercial Banks in India: Overview of Commercial banks in

India, Corporate Governance in banks, Liquidity Management, Management of

Deposits, Management of Loans and Asset-Liability Management in Commercial

Banks, Non Performing Assets in Banks.

Unit 3 Management of Development Banks & Investment Institutions: Overview of

Development Banks and Investment Institutions in India, Resource Planning,

Resource Mobilisation and Project Evaluation by Development Banks in India.

Suggested Readings

M.Y. Khan “ Financial Services, Mcgraw Hill Education (2012) Ennew,C, Trevor Watkins & Mike Wright: Marketing of Financial Services, Heinemann Professional Pub.,1990

Paper Code: CO12206 Working Capital Management { 3- 1- 0 4 }

Objective:-

The objective of the curse is to acquaint the students with the importance of the working capital and the techniques used for effective working capital management.

Unit 1 Working Capital management: Meaning, Concept, Nature, Significance, Types,

Principles of Working Capital, Circular Flow of WC, Working Capital

Requirement method (Operating Cycle, Forecasting Net Assets Methods),

Difference between WCM & WCR, Zero Base Working Capital, Determining the

optimum levels of Cash Balance- Baumol Model, Beranek Model, Miller-Orr

Model, Stone Model,

Unit 2 Receivable Management –Meaning, Cost Associate with Receivables, 5Cs,

Formulation & Execution of Credit Policy, Determining & Execution of Collection Policy (including Practical aspect). Types of Credit Policy.

Unit 3 Inventory Management: Kinds of Inventories, Benefits and Costs of Holding

Inventories, Inventory Valuation Techniques, Calculation of Total Cost of

Inventory, Inventory Control Models, Inventory Systems, Determination of various Stock Levels. Stock Turnover Ratio.

Suggested

Readings

Bhalla V.K., Working Capital Management: Text and Cases, Anmol, New Delhi Mathur S B, Working Capital Management and Control: Principles and practice, New

Age International Publication, New Delhi Sharma Dheeraj, Working Capital Management: A conceptual approach, Himalaya Publishing House, New Delhi

Paper Code: CO12207 Seminars / Presentations { 0 – 0 - 4 = 2 }

The Seminars / Presentations are the part and parcel of Customer Relationship

Management & Financial Institutions Subjects.

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SEMESTER – III

Paper Code: CO13201 World Financial Markets & Institutions { 2 1- 0 3 }

Objectives:-

To familiarize students with working of World Financial markets, various players in

world.

To understand the basic concept of International equity bond markets.

Unit 1 International Monetary System – Evolution of International Monetary System,

The flexible Exchange Rate Regime, European Monetary System, Monetary

Union – Benefits and Costs. Role of World Bank, IMF and Other developmental

Institutions.

International Banking & Money Markets – Reasons for International Banking,

Types of International Banking offices, Offshore Banking Centers. International

Money Markets.

Unit 2 International Bond Market – Foreign Bonds and Eurobonds. National Security

Regulations. Global Bonds – Zero Coupon Bonds, Dual Currency Bonds,

Composite Currency Bonds. International Bond Markets Credit Ratings.

Eurobond Market Structure and Practices.

Unit 3 International Equity Markets – International Equity Markets Benchmarks. Market

Structure and Trading Practices. Trading in International Equities. American

Depository Receipts. Factors affecting International Equity Returns.

Suggested

Readings

International Financial Management – Eun Resnick, Irwin Mcgraw, California

International Financial Management – P G Apte, Tata Mcgraw, New Delhi.

Paper Code : CO13202 Portfolio Management { 2- 1- 0 3 }

Objective:-

To familiarize the students with the concepts of diversification of investment and building up a portfolio of scripts & stocks.

Unit 1 Portfolio Analysis – Portfolio Theories –CAPM.

Markowitz Theory, Single Index Model, Two Factor Model Theory, Arbitrage

Pricing Theory.

Unit 2 Efficient Market Hypothesis. Portfolio Management framework – Specification of

Investment objectives and constraints, choice of asset mix.

Unit 3 Formulation of portfolio strategy, selection of securities, portfolio execution,

portfolio rebalancing. Portfolio Performance Evaluation and Revision.

Suggested

Readings

Portfolio Mnagagement, J Kevin, PHI, New Delhi.

Wealth Management, Uma S & Sunitha A, Mumbai

Portfolio Management, Murthy EN, ICFA, Hyderabad

Portfolio Management, Prasanna Chandra, TataMcgrw, New Delhi.

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Paper Code: CO13203 Forex Market { 2- 1- 0 3 }

Objective:-

To equip the students with the intricacies involved in the forex domain to take advantage of the market movements.

Unit 1 Nature and Scope of International Finance. International Business Methods.

Function and Structure of Forex Market. Forex Market participants. Spot Market,

Spot Rate Quotations, Direct, Inverse, Synthetic quotes. Bid Ask Rates Cross

Exchange rate quotation. Swap Transactions.

Unit 2 Arbitrage - Local, Triangular and Covered Interest arbitrage. Exchange Rate

Determination – Types of exchange rate systems. Parity theories, Fischer Effects.

Forecasting Techniques & Models.

Unit 3 Principles of Accounting – Foreign exchange rate changes - Accounting for

re organizations and capital reconstruction schemes. Foreign currency

translation (IAS 21), to include overseas transactions and investments in

overseas subsidiaries.

Suggested

Readings

Rebarier G, Theory of International Trade

Jeevanandan C, Foreign Exchange

Chaudhary B.K, Financing of Foreign Trade & Foreign Exchange

K.K. Andley, Foreign Exchange Principles & Practices

K.V Prabhu, Finance of Foreign Trade & Foreign Exchange

Paper Code: CO13204 Risk Management { 3- 0- 0 3 }

Objectives:-

To understand the presence of various types of risks involved in business.

To acquainting students with the various techniques & tools available of mitigate risks.

Unit 1 Overview of risk, Risk Identification, Risk evaluation. Risk assessment and

management, Risk analysis and exposure, Exposure of physical assets, financial

assets, human assets, Exposure to legal liability.

Unit 2 Risk Measurement, basics concepts of probability used in risk measurement, Risk

control, Risk retention and risk reduction., Risk management and Shareholder

wealth, Financial reporting, Tax and Regulatory factors affecting corporate risk

management, Alternative risk transfer, Analysis of tools used in Corporate risk

management.

Unit 3 Risk Management using futures and forwards, Risk management using swaps,

derivatives and other exotic options particularly with reference to Forex

management.

Suggested

Readings

Introduction to Risk Management, Dorfan Mark, PHI, New Delhi

Risk Management – An Introduction, Seethapati, ICFAI, Hyderabad.

Risk Management, William Arthur, Irwin, Boston.

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Paper Code: G13002 Advanced Computer Application { 3 – 0 – 2= 4}

Objectives:-

Understand applications of Computer.

Unit 1 Introduction to Visual Basic

Introduction Graphical User Interface (GUI), Programming Language (Procedural,

Object Oriented, Event Driven), The Visual Basic Environment, How to use VB

complier to compile / debug and run the programs.

Introduction to VB Controls

Textboxes, Frames, Check Boxes , Option Buttons, Images, Setting a Border &

Styles, The Shape Control, The line Control, Working with multiple controls and

their properties, Designing the User Interface, Keyboard access, tab controls,

Default & Cancel property, Coding for controls.

Unit 2 Variables, Constants, and Calculations

Variables, Variables Public, Private, Static, Constants, Data Types, Naming

rules/conventions, Constants, Named & intrinsic, Declaring variables, Scope of

variables, Val Function, Arithmetic Operations, Formatting Data.

Decision & Conditions

If Statement, If ?then-else Statement, Comparing Strings, Compound

Conditions(And, Or, Not), Nested If Statements, Case Structure ,Using If

statements with Option Buttons & Check Boxes, Displaying Message in Message

Box, Testing whether Input is valid or not.

Unit 3 Menus, Sub-Procedures and Sub-functions

Defining / Creating and Modifying a Menu, Using common dialog box, Creating a

new sub-procedure, Passing Variables to Procedures, Passing Argument ByVal or

ByRef, Writing a Function Procedure,

Multiple Forms

Creating , adding, removing Forms in project, Hide, Show Method, Load, Unload

Statement, Me Keyword, Referring to Objects on a Different Forms,

Suggested

Readings

Ivan Bayross; Programming in Visual Basics, Bpb Publication.

Phil Jones; Visual Basic a complete Course, Continum Publications.

Rajesh Trehan; Introduction to Visual Basics, Cyber Tech Publications.

Paper Code: CO13205 Summer Industrial Training {0 -0- 8 = 4}

Objective:-

The objective of the summer training programme is to impart training to the students in business

units. During the period of training a student undergoes training in acquiring skills for managing

business in the light of the theoretical concepts, tools, techniques which they acquire in the classroom teaching.

In the end of second semester the students has to go for industrial training for a

period of 8 weeks, in Government/ Private Industries & Offices. The students have

to go for training on the subject of their related course. The student shall maintain a

logbook on daily basis At the end of the industrial training the student shall submit

a training report along with the logbook maintained on daily basis during the period

of training and the performance appraisal from Industry / Office. The training report

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is to be prepared by the student in two typed copies and one copy to be submitted to

the HOD within the stipulated time for assessment.

The report will be assessed by the internal examiner and only on the basis of a

certificate of the examiner concerned that the training has been satisfactorily

completed would the student be allowed to appear for the viva-voce of the third

semester. The training report will be assessed by a panel of examiners comprising

of one / two external examiners and one internal examiner.

Communication Skills (Technical Writing)

G13004 Credit(s): 3-0-0-3

Unit- 1

Communication: Language and communication, differences between speech and writing, distinct

features of speech, distinct features of writing.

Unit- 2

Writing Skills: Selection of topic, thesis statement, developing the thesis; introductory,

developmental, transitional and concluding paragraphs, linguistic unity, coherence and cohesion,

descriptive, narrative, expository and argumentative writing.

Unit- 3

Technical Writing: Scientific and technical subjects; formal and informal writings; formal

writings/reports, handbooks, manuals, letters, memorandum, notices, agenda, minutes; common

errors to be avoided.

Suggested Books

1. M. Frank. Writing as thinking: A guided process approach, Englewood Cliffs, Prentice Hall

Reagents.

2. L. Hamp-Lyons and B. Heasely: Study Writing; A course in written English. For academic and

professional purposes, Cambridge Univ. Press.

3. R. Quirk, S. Greenbaum, G. Leech and J. Svartik: A comprehensive grammar of the English

language, Longman, London.

4. Daniel G. Riordan & Steven A. Panley: “Technical Report Writing Today” - Biztaantra.

Additional Reference Books

1. Daniel G. Riordan, Steven E. Pauley, Biztantra: Technical Report Writing Today, (2004).

2. Contemporary Business Communication, Scot Ober, Biztantra, 5th Edition (2004).

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SEMESTER – IV

Paper Code: CO14201 Taxation & Tax Planning { 3- 1- 0 4 }

Objective:-

The course aims basically to sharpen the skills of the students to enable them to plan & manage their tax affairs.

Unit 1 Meaning of tax planning, Tax Avoidance and evasion of Tax. Objective of tax

planning, concept of maximization of after-tax income, concept of diversion of

income and application of income. Recognized methods of tax planning for

salaries. Tax incentive for industrial growth.

Unit 2 Tax planning in respect of capital gain, investment income. Getting maximum

advantage of tax incentives, tax holidays, allowable deductions and reliefs, Set off

and carry forward of losses.

Unit 3 Tax consideration in Specific Decisions: to own an asset or take on lease, to issue

shares or debentures, to employ or make partner, export v/s domestic sales, Repair

or Replace. Basic framework of direct tax laws in India

Inter relation between different direct taxes. Impact of direct taxed on economic

growth.

Suggested

Readings

Ahuja Girish, Gupta Ravi; Systematic approach to Income Tax, service Tax &

VAT, Bharat Law House pvt. Ltd. New Delhi.

Taxmann; Indirect Taxes Laws, Taxman Publications Pvt. Ltd. (2011)

Kamal Grag; Goods & service Tax, Bharat Law House Pvt. Ltd. (2009).

Paper Code: O14202 Stock Markets Analysis { 3- 0- 0 3 }

Objectives:-

To understand the basic concepts of stock markets, its role & functions.

To impart the knowledge about the price trading & various trading strategies.

Unit 1 Stock Markets: Meaning, characteristics, importance, types of stocks, common

stock, preferred stock, difference between Bull Markets & Bear Markets,

Difference between Stock & Mutual Funds, difference between stock & Bonds,

Basic concepts of Pink Sheet stocks, Penny Stock, Understanding the different

stock options :- Call option, Put option. Pricing Methods of Stock, Causes of

Stock Price Change.

Unit 2 Fundamental Analysis:- EPS, Price to Earning Ratio, Price to Sales Ratio, Price to

Book Ratio, Dividend Yield, Financial Statements, Auditor’s Report, Balance

Sheet, Income Statement, Cash Flow. Types of Stock Brokers, Stock Split:

Meaning, Procedure, Advantage of stock splits, Stock Trading Signals.

Unit 3 Different Types of Trading Strategies – Hedging, Dogs of the Dow, Buying on

Margin, Dollar Cost & Value Averaging. Different types of stock trading – short

term trading (Position trading, swing trading & Day Trading) , various types of

stock indexes.

Technical Analysis :- Predicting future stock market movement ( Charts, Patterns,

Indicators)

Suggested Jack D. Schwager; Stock Market Wizard, Harper Paper books.

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Readings Norman G. Fosback; Stock Market Logic.

Saloni Gupta; Stock Market in India: Working & Reforms, New century

Publication.

Paper Code: CO14203 Corporate Accounting { 3- 1- 0 4 }

Objectives:-

The course aims at to impart and indicate the knowledge of detailed accounting process & reporting requirements of companies.

Unit 1 Issue of shares and forfeiture of shares, Types of shares, Re- issue of shares, Issue

& redemption of Preference shares and debentures, Buy Back shares. Statement of

change in Financial Position – on cash basis and working capital basis. Familiarity

with Indian Accounting Standard 3.

Unit 2 Amalgamation of companies as per Indian Accounting Standard 14, Reconstruction

of companies and their accounting implication (Excluding inter – company

holding). Accounting of holding and subsidiary companies in India, consolidated

B/S and P.&.L. a/c.

Unit 3 Valuation of Goodwill and Shares. Purchase of Business, treatment of profit pre

and post incorporation, disposals of profits ( including Managerial Remuneration).

Suggested

Readings Maheshwaari S.N.; Corporate Accounting, Vikas Publication House, New Delhi.

Jain Kandelwal Pareek; Corporate Accounting, Ajmera Book Co. Jaipur.

Gupta R.L. and Radhaswamy M; Company Accounts, Sultan Chand & Sons,

New Delhi.

Paper Code: CO14204 Options & Future Markets { 3- 0- 0 3 }

Objective:-

To give an depth knowledge of the functioning of future markets, forward contracts &

swap markets.

Unit 1 Future Markets:- meaning, nature of contact, central counterparty , Margin and

Mark – to – Markets. Spot Market: Meaning, Characteristics, types (Exchange,

OTC) Over the counter: Meaning Traded stock, OTC contracts, Counter Party

Risk, Importance of OTC, Derivatives in Modern Banking.

Unit 2 Forward Contract : Meaning, Pay off, forward prices, spot forward parity

(Invest assets, Consumption assets, cost of carry) Relationship between forward

Price & the expected future spot price, Rational Pricing, Theories of Forward

contracts exists.

Unit 3 Swap Markets :- meaning, types of swaps ( interest rate swaps, currency swap,

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commodity swap, credit default swaps & others variations), Valuation of swaps.

Options:- meaning, types ( exchange – traded options, OTC, other option types ,

option style), Valuation Models, Risks – meaning, Pin Risk, Counter Party Risk,

Options Strategies.

Suggested

Readings

Bharti V. Pathak, The Indian Financial System: Market, Institutions & services

by Pearson Publication.

Shukla; An Introduction to Economics of Financial Markets, Cyber Tech

Publication.

Paper Code: CO14205 Mutual Funds { 3- 0- 0 3 }

Objectives:-

To understand the concept of Mutual Funds.

To learn about the tax & regulatory issues related to mutual funds.

To understand the fundamentals of Net Assets Value ( NAV) computation & various investment plans.

Unit 1 Introduction – Concept, History and Types of Mutual Funds, Products & Features-

Equity funds (open & close ended funds) , index funds, diversified large capital

funds, MID cap funds, Sectorial funds, other equity schemes. Portfolio turnover,

expense Ratio, Analysis of cash level in operations.

Unit 2 Legal and Regulatory Framework, investor’s Money, Investor’s rights &

obligations, procedure for investing in an NFO ( new fund offer).

Offer Document, Mutual Fund distribution and Sales Practices. Business Ethics

for Mutual Funds.

Unit 3 Return, Risk, Performance and Fund Selection. Exchange traded funds:- Meaning,

features, working process, debt funds – meaning, features, interest rate risk, credit

Risk, pricing of debt instrument priced, debt mutual fund scheme. Liquid funds –

meaning, features, floating rate scheme, Association for Mutual Munds Industry –

objectives, advantages, plans.

Suggested

Readings

Understanding Mutual Funds, Sunita Abhraham, Uma S, Mumbai

Introduction to Mutual Funds, S Sankaran, Vision, New Delhi.

Paper Code: CO14206 Seminars / Presentations { 0 – 0 - 4 = 2 }

The Seminars / Presentations are the part and parcel of Stock Market Analysis and

Options & Future Market Subjects.

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Paper Code: CO14207 Project Study { 0- 0- 10 5 }

Objective:-

The objective of the project study is to help the student develop ability to apply multi- disciplinary concepts, tools and techniques to solve organizational problems.

Students have to select a topic for research project from the elective course under

the guidance of an internal Teacher and submit the same to the HOD. The project

report is to be prepared by the student in two typed copies and to be submitted to the

HOD within the stipulated time for assessment. The report will be assessed by the

internal examiner and only on the basis of a certificate of the examiner concerned

that the project report has been satisfactorily completed that would the student be

allowed to appear for the viva-voce of the fourth semester.

The evaluation and viva voce will be after the completion of the project work and

submission of the project report. The final evaluation and viva voce will be

conducted by a panel of examiners including the internal guide.