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M.Com Syllabus final

M.Com Syllabus final



Re-Accredited With ‘A++’ Grade and 3.79/4 CGPA by NAAC
Recognised by

UGC as College of Excellence


M.Com Syllabus
2018-19 0nwards

SL No Contents Page number
1 Title
2 Preamble
3 3
4 Vision 3
5 Mission statement 3
6 Focus of the paper 4
7 Pedagogy 5
8 Course matrix 6
9 Electives 6
10 List of CBCS 6
11 Eligibility 6
12 Duration of Course 7
13 Attendance 7
Assessment and evaluation criteria 9- 36



Understanding the dynamic changes in the field of commerce, in general and the Indian context,
in particular, the management of St Joseph’s College has realized the need to offer post graduate
courses in Commerce. Henceforth, Department of Commerce introducing M.Com, two years
Post Graduate Programme from the academic year 2018 – 2019. The main objective of this
course is to provide wide opportunity to develop managerial and analytical skills in order to meet
the challenges of business at the national and global level. The course provides an extreme and
rigorous base for teaching, research and allied business administration. The curriculum provides
preparation for careers in research, business, academics and administration in India and abroad.

To impart value based quality education to serve the ever-changing global needs in the field of
commerce by preparing men and women who will be agents of change.

The Department of Commerce strives to provide quality Commerce education by adopting
effective teaching – learning processes along with developing the required values, skills and
attitudes to create business leaders with a passion for the world of business who will understand
the economic, social, and global context of business.

1. The course offers subjects accounting, finance, economics, human resource management,

Marketing, organisation behaviour, tax, research methodology, Business ethics and
corporate governance and GST.
2. This course includes value added courses like E-Commerce and M-Commerce, Advanced
Excel, Aptitude coaching for competitive examination and for KSET and UGC-NET,
Tally software, Financial Analysis and GST.
3. The program contains electives i) Accounting and Taxation (ii) Finance in the semester
III and semester IV.


4. The choice based credit course offers a paper for non-commerce post graduate students
namely Introduction to Income Tax and Introduction to Financial Markets.

5. Students are required to undergo a Teaching assignment or internship with an external
agency after the second semester examination.

6. One of the most important aspects of practical application of research is to encourage
new ways of thinking about the critical issues in the field of Commerce. Student will
choose business research project/live business problem in a business organization or
industry, and prepare a dissertation report during the semester IV.

7. Research based study enable students to present their thesis in seminars and conferences
that will constitute significant academic achievement.


Pedagogy promotes higher order thinking skills. Post graduate course in Commerce is to
impart professional education and training in various aspects of business and its
environment and provide them with opportunities to develop managerial and analytical
skills in order to meet the challenges of business at the national and global level.

The syllabus contents provide deeper insights in the field of commerce to equip the
students with conceptual and analytical skills. The two year, four semester M.Com
program with thesis presentation and publication in Scopus or UGC listed journals aims
to provide a strong foundation in the field of Accounting and Finance along with general
allied papers of Commerce. This course includes value added subjects, Choice Based
Credit System, Electives and self study reading list.

Teaching assignment or Internship with external agency gives an opportunity to work
with various reputed academic institutions and organisations enable them to blend their
research and organisation dynamics. The department of commerce encourage students to
present and publish their research outcomes in Scopus or UGC listed journals. This will
help students to pursue other specialisations and Doctoral study in India and abroad.



PAPER CODE Subject No of hours/week Credits SEM To
Hours tal
CO7118 Financial ed
Analysis and its
CO7218 Reporting 4 4 60
4 4 60 22
se CO7318 Monetary 4 4 60
system 22
me 4 4 60
International 4 4 60 20
ste CO7418 Business
r1 2 2 30
Principles and
CO7518 Practices of 4 4 60
CO7618 4 4 60
Organization 4 4 60
CO8118 Management 4 4 60
4 4 60
CO8218 E-Commerce 2 2 30
and M- 4 4 60
Se Commerce
4 4 60
me CO8318 Cost & 2 2 30
ste Management
r 2 CO8418
CO8518 Financial
Se CO9118 Research
ste Methodology

r 3 CO9218 Business


Direct Tax

Ethics and

CBCS (Open


CO9618 Elective) 4 4 60
4 4 60
CO0118 Elective 1 2
2 30
CO0218 Elective 2 4
Se Competitive 4 60
me Assessment 4
ste Financial 4 4 60
r4 Markets & 4
Services 4 60 26
CO0618 Strategic 2 4 60
8 2 30
Electives 1 90
8 120
Electives 2 90 90
Tally software-
and GST


Credits Total 90
Subjects total 2
Outreach 4
Ignitors 4
Teaching Assignment or Internship 100

Total credits

Elective: Accounting and taxation

CODEA9318 Advanced corporate Accounting

CODEA9418 Corporate Taxation

CODEA0318 Accounting for Managerial Decision

CODEA0418 Corporate Reporting Practices and Ind AS

Elective: Finance Security Analysis and portfolio management
Risk Management and Forex Management
CODEF9318 Strategic Financial Management
CODEF9418 Financial and Commodity Markets

List of CBCS (Open Elective offered to other PG Courses) Hours Credits
Choice Based Credit System (CBCS) 2 2

Introduction to Financial Markets


Introduction to Income Tax 22

Teaching assignment

15 hours of teaching assignment can fulfill by students during their III semester of M.Com.


Candidates who have completed graduate programme in commerce or management from any
university which is approved and recognized by UGC or its equivalent are eligible for admission
into this course.
A candidate has secured not less than 50% of the marks in the aggregate in all the Commerce
subjects of Business Education in all the years (Examinations of the B.Com/BBM/BBS/BBA
course) shall be eligible for admission to the course. In the case of SC/ST students and blind
students the minimum percentage of marks required shall be less by 5%

The course of study for M.Com, degree shall extend over a period of two years divided into 4
(four) semesters.



1. Each course (theory/practical) shall be treated as an independent unit for the purpose of
attendance. A student shall attend a minimum of 75% of the total instruction hours in a
course (theory/practical) including tutorials and seminars in each semester.

2. Any student who is not complying with this requirement will not be allowed to appear for
End Semester Examination.

3. In case a student does not appear for the examination due to shortage of attendance, the
student has to repeat that semester to make up for the attendance and the student will
have to pay the fees for that semester as applicable.

4. A student who participates in co-curricular and extra-curricular activities is eligible to get
attendance provided if he/she submits the requisition form with prior approval from the
concerned faculty-in-charge and Association in-charge.


Evaluation is based on Continuous Internal Assessment (CIA) and End Semester Examination.

Component Marks

Continuous Internal Assessment (CIA) 30

End semester examination 70

Total mars 100

End Semester Examination (ESE)
The semester examination for the theory and practical will be held at the end of the semester.
The time table will be notified three weeks before the examination. The duration of the
examination will be 21/2 hours. It will be conducted for 70 marks.

Question paper pattern

Section Marks of each Number of questions
Total Should Total marks
A2 12 10 15
B5 20
C 10 53 15
D 15 70


End semester Examination Question Paper Pattern.

Time: 2 hours 30 minutes.
Maximum marks: 70

The evaluation system comprises of both internal faculty for question paper setting and for
valuation of papers.

Question papers received will go through the Board of Examiners for scrutiny for content,
suitability of marks, inclusion of topics and typological / mistakes and language.


Section A: Conceptual (10x2 marks = 20) 10/12 questions
In this section questions seek to test a student’s conceptual knowledge of the subject and fact
retaining abilities
Section B: Analytical (3x5marks = 15) 3/5 questions
Questions in this section are to test whether students can analyse.
Section C: Descriptive (2 x10 marks =20) 2/3 questions
In this section, students are required to use a combination of facts, concepts, theories and
judgement to explain the subject matter. Writing skills are also tested in this section.
Section D: Case Study/ Compulsory Question (1 x 15 marks = 15)
This section tests a student’s ability to practically apply their theoretical knowledge of the
For papers theory based papers, either a case study of compulsory question can be asked. For
practical based papers, questions are numerical in nature.


I Semester

Course Code Course Title Credits Hours

CO7118 Financial Analysis and Reporting 4 60


 To develop theoretical foundation for the preparation and presentation of financial statements.
 To develop the understanding of rules of measurement and reporting relating to various types

of business entities.

Course Contents

Unit 1 Introduction to Accounting 10 Hours

Accounting-meaning, definition, objectives, functions, limitations, users of accounting information, branches

of accounting, scope, accounting cycle; Meaning, Need Nature, Classification, Evaluation, Role and Users of

Accounting and Accounting Theory, History of Accounting Thoughts. Approaches to Accounting Theory,

Accounting Postulates, Concepts and Principles.

Unit 2 Financial statement 12 Hours

Capital and revenue concepts-expenditure, loss, income, comparison; Final accounts of joint stock companies
as per revised schedule VI of companies Act;

Unit 3 Computerized Financial statement Analysis 12 Hours

Financial statement Analysis Meaning, types, methods & techniques - Common size, Comparative, Trend

analysis, Funds Flow Analysis, Cash Flow analysis, Ratio analysis.

Unit 4 Accounting Standards (Ind AS) 12 Hours

Evolution and Convergence of International Financial Reporting Standards (IFRS) in India: GAAP in India

and Hierarchy of GAAP in India, International Financial Reporting Standards, First time adoption (IFRS 1)

Convergence with IFRS Stage-wise Approach, Advantages of converting to IFRS, Significant Criticisms of

IFRS, Key Business issues that will need to be addressed for successful implementation of IFRS, challenges

and opportunities faced by India in the implementation of IFRS - An overview of IND ASs: list of converged

Indian Accounting Standards notified by Ministry of Corporate Affairs (MCA) - Comparison of IFRS with

Ind AS

Unit 5 Financial Reporting 14 Hours

Outline for the preparation of financial statements - Statement of financial position; Comprehensive income
statement; Statement of changes in equity (SOCE), IAS 18 – Revenue. Elements of financial statements as
per IFRS – Non-current assets; current assets; equity; non- current liability; current liability; revenue; cost of
sales; distribution costs; administrative expenses; financial costs – profits attributable to owners of controlling
interest and non-controlling interest – Practical problems on each element.


 IFRS for finance executives , Ghosh T P, taxman allied services private limited
 IFRS concepts and applications, Kamal Garg, Bharath law house private limited
 IFRS: A Quick Reference Guide , Robert J. Kirk, Elsevier Ltd.
 First lesson to IND-AS Standards beginners guide ,MP Vijay Kumar, Prime knowledge services.
 A student’s guide to international financial reporting standards , Clare Finch, Kalpan



I Semester

Course Code Course Title Credits Hours

CO7218 Monetary System 4 60


 To expose students to domestic and international monetary systems
 To enable students to understand principles & systems of note issue
 To familiarize with issues relating to conversion of currencies

Course Contents

Unit 1 Introduction 10 Hours

Money: Meaning, definition, functions. Role of money, value of money, theories of Value of money;

quantitative theory, Friedman‘s restatement of the quantitative theory –Keynes theory of money.

Unit 2 Monetary system 12 Hours

Monetary system: The Gold standard –paper currency standard –Principles of note issue; systems of note

issue –essentials of a sound currency system –paper gold or SDR

Unit 3 International monetary system 12 Hours

Evaluation of International monetary system, Bi –metallion; –classical gold standard –interwar period Breton

woods system –The flexible exchange rate –current exchange rate regime –fixed vs flexible exchange rates.

Unit 4 International financial system 12 Hours

Introduction –role of financial markets -participants –elements –forex market –Euro currency market –Euro

bond market –forward and future markets for foreign exchange.

Unit 5 Balance of payment 14 Hours

Balance of payment –Balance of Trade, Equilibrium in BOP –Devaluation and Depreciation; Current and

Capital account convertibility–Recent development in foreign capital flows.


 V.K. Bhatta, International Financial Management, Anmol publication Pvt. Ltd. New Delhi.
 Madhu Vij, Multinational Financial Management, Excel Books, New Delhi.
 Cheol S. Eun & Bruce G. Resman, International Financial Management, Tata Mc Graw Hill,

New Delhi.
 K.K. Dewet, Modern Economic Theory, Shyam Lal chaintable Trust, Ramnagar, New Delhi.
 Apte P.G, International Financial Management, TMH
 Lavi Maurice, International Finance, Mc Graw Hill.


I Semester

Course Code Course Title Credits Hours

CO7318 International Business 4 60


 To familiarize the students with the concepts, functions and practices of international business.

 To enable them get global perspective on issues related to business.

Course Contents

Unit 1 Nature of International business 10 Hours

Meaning and nature of International Business, Evolution of IB - Drivers of IB- IB vs Domestic business-

Routes of globalization- players in International Business- forms of international trade – objectives and

challenges of IB. Theories of IB: Mercantile theory, Theory of Absolute Advantage, Theory of Comparative

Advantage and national Competitive Advantage

Unit 2 Global Environment 12 Hours

Analysis of Global Environment - Political Environment - Economic Environment; Socio- Cultural: Elements

of Culture, Impact of culture on Business; Legal, Technological, Natural Environments – scanning global

environment, international strategic management, meaning and process.

Unit 3 Regional blocks 12 Hours

Regional Economic Groupings in Practice- Levels of Regional Economic Integration-Regionalism vs.

Multilateralism- Important Regional Economic Groupings in the World- EU, NAFTA, APEC, CAEU,

ASEAN, SAARC, BRICS - FTAs, Tariff and Non-Tariff Barriers-Subsidies -Dumping and Anti-dumping

measures. Structure, evolution and objective of WTO

Unit 4 International marketing 12 Hours

International Marketing: Meaning, Nature and Importance- EPRG; An overview of the International

Marketing Management Process-International Marketing Environment, Benefits from international

marketing- Major activities – market assessment, product decisions, promotion decisions, pricing decisions,

distribution decisions.

Unit 5 IHRM 14 Hours

International Human Resource Management (IHRM) - IHRM and domestic HRM compared- Scope of

IHRM- HR planning- Selection of expatriates-Expat training. Expat remuneration-Expat failures and ways of

avoiding- Repatriation.


 Darrell Mahoriy, etal, International Business, Longman.

 Charles W.L. Hill, International Business, McGraw – Hill.

 Czinkota, etal, Global Business, Dryden Press.

 John D. Daniels, etal, International Business, Pearson Education.


I Semester

Course Code Course Title Credits Hours

CO7418 Principles and Practices of Insurance 4 60


 To enable the students to understand various aspects of Life & General Insurance

Course Contents

Unit 1 Introduction to Risk Management 10 Hours

Risk, Peril, Hazard, Types of Risk - pure and speculative Risks, Other types of Risk – Dynamic, Static,

Fundamental and Particular Risks, Risk Management, Techniques, Insurance as a tool of Risk management.

Unit 2 Introduction to Insurance 10 Hours

Classification of Insurance, Difference between Life and Non-Life Insurance. Principles of Insurance, Indian
Contract Act in relation to insurance, Study of history of Insurance, PFRDA and Pension Schemes,
restructuring of insurance business in India – FDI in insurance sector

Unit 3 Life and Non-life Insurance 14 Hours

Life Insurance Products, Basic Products, Traditional Products, Endowment, Whole Life, Money Back, Unit

linked products. Pension and Annuity – Principles of product development, Group Insurance. NonLife

Products, Fire, Marine, Motor, Liability, Personal Accident, Health Insurance, Crop Insurance, Reinsurance –

government schemes, valuation methods, Life fund – Bonus.

Unit 4 Underwriting, Insurance documents and Claims 12 Hours

Underwriting, factors Considered: Physical Hazard, occupational Hazard and Moral Hazard, Numerical

method of Underwriting, terms of acceptance, documentation. Insurance documents: Principles of risk

management, financial support to families and society, Rating – Mortality table - premium calculations,

factors considered in rating of Non-life products, tariff and non-tariff, market agreements. Servicing of

policies, claim settlement in insurance, IRDA regulation relating to claim settlement.

Unit 5 Insurance Regulations. 14 Hours

IRDA Journal and Annual reports – its analysis and data interpretation, Micro Insurance products – its
awareness, distribution, social insurance. Insurance laws – its amendments and effect on the insurance
market, Intermediaries in Insurance – regulation governing them and alternative channels – on line marketing,
e-marketing – principles – safety measures. Income tax and Insurance. Customer education


 M N Mishra and S B Mishra ,“Insurance Principles and Practice”- 22nd edition- Sultan Chand

 M N Srinivasan and K kannan-“Principles of Insurance Law”- tenth edition-Volume 1-Lexis

Nexis publication- 2012
 Dorfman Marks S., “Introduction to Risk Management and Insurance”, 5th Edition, Prentice

Hall Inc, Englewood Cliffs N.J.-2010
 Nicholas Legh – Jones, John Birds and David Owen, “MacGillivray on Insurance Law”, 11th

Edition, Sweet & Maxwell, London., 2008.
 Dr. P. Periaswamy- “Principles and Practices of Insurance”-HPH-2016

I Semester Course Title Credits Hours
Course Code Organization Management 4 60



 To understand and appreciate the importance of the human resources vis- a-vis other resources

of the organization

Course Contents

Unit 1 Introduction to Human resource management 10 Hours

Introduction, meaning, nature, scope of HRM. Importance and Evolution of the concept of HRM. Major

functions of HRM, Principles of HRM, Organization of Personnel department, Role of HR Manager. HRM’s

evolving role in the 21st century

Unit 2 Organizational Behaviour 12 Hours

Organizational behaviour Contributing disciplines to the OB. Individual Behaviour: Foundations of

individual behaviour, values, attitudes, personality and emotions. Theory X and Theory Y, Chris Argyris

behaviour patterns, Perceptual process.

Unit 3 Group Decision making and Communication 12 Hours

Concept and nature of decision making process, Individual versus group decision making, Nominal group

technique and Delphi technique, models of communication, communication effectiveness in organizations.

Feedback, TA, Johari Window.

Unit 4 Motivation 12 Hours

Need hierarchy, Maslow’s Need Hierarchy, Two factor theory, Contemporary theories of motivation (ERG,

Cognitive evaluation, goal setting, equity) expectancy model. Behavior modification, Motivation and

organisational effectiveness

Unit 5 Leadership, Power and Conflict: 14 Hours

Concept and theories, Behavioral approach, Situational approach, Leadership effectiveness, Contemporary

issues in leadership. Power and conflict. Bases of Power, power tactics, sources of conflict patterns, levels

and conflict resolution strategies.


 Venkata Ratnam C. S. & Srivatsava B. K.,Personnel management and human resources, Tata

Mc-Graw Hill, NewDelhi

 Aswathappa, Human resource mangement, Tata McGraw Hill, NewDelhi, 2010

 Garry Dessler &Varkkey, Human resource management, Pearson, New Delhi, 2009

 Pravin Durai, Human resource mangement, Pearson, New Delhi,2010

 Snell, Bohlander & Vohra, Human resources management, Cengage, NewDelhi, 2010


I Semester

Course Code Course Title Credits Hours

CO7618 E-Commerce and M-Commerce 2 30


 To provide an analytical and technical framework to understand the emerging world of e-commerce
and mobile commerce.

Course Contents

Unit 1 Introduction to E- Commerce 6 Hours

Introduction to E commerce – need and importance – threats- Encryption overview, Elements of an

encryption system, Secret key encryption, Public-key encryption, Cryptographies & Block Chain,

Digital signatures, Digital Certificates, Smart Cards and its applications. Electronic Data Interchange

Evolution, uses, Benefits

Unit 2 Overview of Electronic Payment Systems 6 Hours

Cyber-cash, Smart Cards, Electronic Banking - types, Electronic Fund Transfers - Digital Token-based EPS,
E-cash, e-Cheque, Payment Systems on internet- Risk of Electronic Payment Systems. Secure Electronic
Transactions (SET) Protocol.

Unit 3 Introduction to M-Commerce 8 Hours

Infrastructure of M–Commerce – Types of Mobile Commerce Services – Technologies Of Wireless Business

– Benefits And Limitations, Mobile Marketing & Advertisement, Non – Internet Applications/services in M–

Commerce – Wireless/Wired Commerce Comparisons.

Unit 4 Framework and ecology of M-Commerce 10 Hours

Legal Framework For the Study of Mobile Commerce– Mode – Wireless Devices for Mobile Commerce –

The impact of Technology Advances on Strategy Formulation in Mobile Communications Networks, 2G, 3G

and 4G technology -The Wireless Application Protocol – Mobile Business Services – Mobile Portals – The

Role of Mobile Advertising in building a brand – M–Commerce Business Models


 Dave Chaffey, E-Business and E-Commerce Management‖, Third Edition, 2014, Pearson

 Brian E. Mennecke, Troy J. Strader, Mobile Commerce: Technology, Theory and Applications,
Idea Group Inc., IRM press, 2013.

 P. J. Louis, M . Commerce Crash Course‖, McGraw – Hill Companies February 2013.
 Paul May, Mobile Commerce: Opportunities, Applications, and Technologies of Wireless

Business Cambridge University Press March 2013.
 Michael P. Papazoglou, Peter M.A. Ribbers, e – business organizational and Technical

foundation Wiley India 2015


II Semester

Course Code Course Title Credits Hours

CO8118 Cost & Management Accounting 4 60


 To enable students acquire skills needed to analyze and interpret the performance of the firm
for the purpose of reporting

 To enable students to understand the various techniques of business decisions.

Course Contents

Unit 1 Marginal costing & CVP Analysis 10 Hours

Marginal costing (practical application technique), key or limiting factors analysis, profit planning,

optimizing product mix, make or buy decision, price fixation, discontinuance of product, diversification of

product line, accept or reject new order, close down of operations. Relevant Cost Analysis, incremental

costing, short term decision making. Uses of CVP analysis, simple, elaborate, cash, control, profit volume


Unit 2 Activity based management 10 Hours

Introduction to traditional methods of overhead absorption, problems of overhead absorption system under
Traditional System, introduction to ABC, Kaplan and Coopers approach to ABC, cost drivers and cost
activities, allocation of overheads under ABC, Characteristics of ABC, benefits from adaptation of ABC
System, problems on comparison between traditional system and ABC system.

Unit 3 Budgeting and Budgetary Control 14 Hours

Budget Concepts and Budget Preparation, Fixed and Flexible Budgets, Fixed, variable, semi-variable and

activity-based categorizations of cost and their application in projecting financial Results, Zero Base

Budgeting (ZBB), Budgetary Control.

Unit 4 Variance analysis 12 Hours

Variance analysis, classification of variances – materials, labor and overheads variances – fixed and variable

overhead variances (Problems), Sales variances.

Unit 5 Contemporary concepts 14 Hours

Lean accounting, Life cycle costing, target costing, throughput costing, Cost of quality and TQM ,
Responsibility accounting & divisional performance measurement, Financial and nonfinancial performance
measurement(ROI, RI, EPS, NPV etc.), target costing, Kaizen costing, Balance Score Card.

Suggested readings:

 Arora M. N, A Text Book of Cost Accountancy, Vikas Publishing Pvt. Ltd.
 Saxena & Vashist, Cost Accounting (Text), Sultan Chand.
 M.N Arora (2015), “Cost and Management Accounting”, Himalaya Publishing House, Mumbai.
 Saxena V. K. & C. D. Vashist, Advanced Cost & Management Accounting – Problems &

Solutions, Sultan Chand.
 Jain and Narang, Cost Accounting. Kalyani Publishers, Mumbai.
 Nicholas Legh , Jones, John Birds and David Owen, “MacGillivray on Insurance Law”, 11th

Edition, Sweet & Maxwell, London., 2008.
 Dr. P. Periaswamy, “Principles and Practices of Insurance”,HPH-2016

II Semester


Course Code Course Title Credits Hours

CO8218 Advanced Financial Management 4 60


 To impart the knowledge in advanced techniques of financial management.

 To comprehend the capital structure and assess the dividend policy of the firm

Course Contents

Unit 1 Introduction 10 Hours

Introduction – Finance Functions – Financing decisions – Capital structure theories – net income

approach, Net operating income approach – The Traditional approach – Modigliani – Miller

hypothesis – capital structure planning and policy – elements of capital structure EBIT – EPS

approach, Valuation approach, cash flow approach.

Unit 2 Capital Budgeting 14 Hours

Investment Decisions – Capital Budgeting decisions – Nature – type – Evaluation criteria – DCF – NPV –

IRR – Reinvestment assumption and modified IRR – Varying opportunity cost of capital – Investment

decision under inflation – Investment Analysis under inflation. Complex investment decisions – projects unit,

different project lives, investment timing and duration – Replacement of an existing asset – Investment

decisions under capital rationing.

Unit 3 Risk Analysis in Capital budgeting 14 Hours

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.

Unit 4 Corporate Restructuring 12 Hours

Corporate Restructuring – Mergers and Acquisitions, Corporate Restructuring – Valuation under M&A: DCF

approach Financing a merger – significance of PE Ratio and EPS analysis – Accounting for M&As –

Leveraged buyouts.

Unit 5 Dividend Models 10 Hours

Meaning – Theories of dividend policy : relevance and irrelevance dividend decision. Walter’s & Gordon’s

model, Modigliani & Miller approach. Dividend policies – stable dividend, stable payout and growth. Bonus

shares and stock split corporate dividend behavior. Legal and procedural aspects of dividends Corporate

Dividend Tax.

Suggested readings:

 Brealey & Myres, Principles of Corporate Finance, McGraw Hill, New York.
 Prasanna Chandra, Financial Management, Theory and Practice, Tata McGraw Hill.
 Khan & Jain, Financial Management, Tata McGraw Hill.
 I.M. Pandey, Financial Management, Viaks Publishing House.
 S.C. Kuchal, Financial Management, Chaitanya Publishers, Allahabad.
 Chakraborthy & others, Financial Management and Control, Mcmillan India Ltd.

II Semester

Course Code Course Title Credits Hours
4 60
CO8318 Operation Research


To impart knowledge in concepts and tools of OR

To make students apply these in managerial decision making.


Course Contents

Unit 1 Introduction 10 Hours

Meaning of OR- - Models of OR- Operations techniques -Role of OR in business & industry- OR & business

management- Limitations of OR-Application

Unit 2 Linear programming 10 Hours

Formulation of LP problem- Characteristics of LP Problem-Solution by graphical method-Simplex method-

Dual of a linear programming- Application

Unit 3 Transportation and assignment 14 Hours

The general structure of the problem- solving a transportation problem- optimal solution; degeneracy-

Variations in transportation problem-Post optimality analysis; assignment problem- Application

Unit 4 Network analysis 12 Hours

Network analysis-CPM and PERT-Network concepts-construction of network diagram -numbering the

events (Fulkerson’s Rule)-PERT Network calculations -Concept of float -probability considerations in

PERT-calculation of float/slack under PERT- CPM-points of similarities and dissimilarities between

PERT and CPM-limitation of PERT and CPM.- Application

Unit 5 Decision theory 14 Hours

Decision theory-Quantitative approach to management decision making-decision making under

conditions of uncertainity –Maximin -Maximax- Laplace and Minimax regret criteria-Decision making

under risk-EMV-EOL-EVPI criteria-decision tree analysis-Areas of Application- Application


 Srivastava V. K. etal , Quantitative Techniques for Managerial Decision Making, Wiley Eastern

 Richard, I.Levin and Charles A.Kirkpatrick , Quantitative Approaches to Management,
McGraw Hill, Kogakusha Ltd

 Budnik, Frank S Dennis Mcleaavey, Richard Mojena , Principles of Operation Research , AIT
BS New Delhi.

 Sharma J K ,Operation Research, theory and applications,Mc Millan,New Delhi
 Kalavathy S, Operation Research , Vikas Pub Co.


II Semester

Course Code Course Title Credits Hours

CO8418 Research Methodology 4 60


 To develop the research skills of the students in investigating into the business problems
 To interpret the results of investigation in the form of systematic reports.

Course Contents

Unit 1 Basic Research Concepts 10 Hours

Business Research – Meaning, types, process of research- management problem, defining the research

problem, formulating the research Hypothesis, developing the research proposals, research design

formulation, sampling design, planning and collecting the data for research, data analysis and interpretation.

Research Application in business decisions, Features of good research study.

Unit 2 Research Design 10 Hours

Types of Business Research Design: Exploratory and Conclusive Research Design - Exploratory Research:
Meaning, purpose, methods –secondary resource analysis, comprehensive case methods, expert opinion
survey, focus group discussions. Conclusive research Design - Descriptive Research - Meaning, Types –
cross sectional studies and longitudinal studies. – Experimental research design – Meaning and classification
of experimental designs- Pre experimental design, Quasi-experimental design, True experimental design,
statistical experimental design. Observation Research – Meaning – Uses – Participation and Non-
participation – Evaluation – Conducting an Observation study – Data collection

Unit 3 Sampling techniques 14 Hours

Sampling: Concepts- Types of Sampling - Probability Sampling – simple random sampling, systematic

sampling, stratified random sampling, cluster sampling -Non Probability Sampling – convenience sampling-

judgmental sampling, snowball sampling- quota sampling - Errors in sampling.

Unit 4 Data collection 12 Hours

Primary and Secondary data Primary data collection methods - Observations, survey, Interview and

Questionnaire, Qualitative Techniques of data collection. Questionnaire design – Meaning - process of

designing questionnaire. Secondary data -Sources – advantages and disadvantages. Scaling and

measurements. Preparing the Data for Analysis: Editing, Coding, Classification, Tabulation, Validation

Analysis and Interpretation

Unit 5 Hypothesis analysis and report Presentation 14 Hours

Hypothesis: Meaning, Types, characteristics, source, Formulation of Hypothesis, Errors in Hypothesis
Parametric and Non Parametric Test: T-Test, Z-Test, F-Test, U-Test, K-W Test. Statistical Analysis: Bivarate
Analysis (Chi-Square only), Multivariate Analysis – Factor analysis - ANOVA: One- Way and Two Way
Classification. Referencing and Citation.


 C R Kothari, Research Methodology, Vishwa Prakashan,2015
 Donald R. Cooper & Pamela s Schindler, Business Research Methods, 9/e, TMH /2014
 Deepak Chawla and Neena Sondhi, Research Methodology – concepts and cases , Vikas

 Uma Sekaran & Roger Bougie, Research Methods for Business, Wiley, 2013
 SL Guptah and Hetesh Guptha, Business Research Methods, McGraw hill - 2012
 Naresh K Malhotrs, Marketing Research, Pearson Education /PHI 2014Sweet & Maxwell,

London., 2008.


II Semester

Course Code Course Title Credits Hours

CO8518 Business Marketing 4 60


 To expose students with understanding of rural & industrial marketing
 To familiarize students with elements of supply chain & Logistics

Course Contents

Unit 1 Industrial Marketing 10 Hours

Meaning and Characteristics of Industrial Marketing, differences between Industrial and Consumer

Marketing, Types of Industrial Customers, Types of Industrial Goods and Services, Purchasing Practices of

Industrial Customers, Industrial Buying Behaviour, Key Members in Buying Organization, Modern

Purchasing Activities, Elements of marketing mix for industrial goods - Pricing, Product development,

promotion and distribution methods & strategies for industrial goods, Industrial Product Life Cycle &


Unit 2 Rural Marketing 10 Hours

Characteristics of Rural Economy, Rural Marketing- Meaning and Scope, Constraints in Rural Marketing and
Strategies to overcome constraints, Classification of Rural Consumers, Bases of Segmentation for rural
markets, Rural consumer behaviour, Elements of marketing mix for rural markets - Pricing, Product
development, promotion and distribution methods & strategies for rural markets, Marketing of agricultural
produce, marketing strategies for the development of rural artisan sector, Emerging Profile of Rural Markets
in India.

Unit 3 Marketing Channel Systems 14 Hours

Meaning, structure and importance of marketing channel, Flows in marketing channels, The channel

participants & their role, Communication processes in the marketing channel, Steps in designing the

marketing channels, Bull Whip Effect, Reverse Logistics, Evaluating channel member performance.

Unit 4 Introduction to Supply Chain Management 12 Hours

Meaning, objectives, components & Scope of supply chain, Drivers of supply chain management, Typology

of Supply Chains, Cycle View of Supply Chain, Problems in SCM, Supply Chain Benchmarking- Process

and Procedure.

Unit 5 Logistics Management 14 Hours

Definition of Logistics and Logistics Management, Types of Logistic Activities, Importance of Logistics
Management, Integrated Logistics and its Support, Determinants of Designing Logistical System,
Transportation, Warehousing, Packaging.


 Dr. Shajahan. S; Service Marketing (Concept, Practices & Cases); Himalaya Publishing House;
Mumbai,Financial Service in India

 Philip Kotler ,Marketing Management, PHI
 Rekha. M.P. & Vibha V,Marketing & Services Mgt ,VBH.
 Sunil B. Rao ,Marketing & Services Mgt ,HPH.
 Dr. Alice Mani, Marketing & Services Management, SBH.
 J.C. Gandhi ,Marketing Management, TMH


II Semester Course Title Credits Hours
Course Code ADVANCED EXCEL 2 30


 To understand excel functions in a spread sheet to make the data easier to identify and explain.

 Finding solutions to complicated problems involving spreadsheet data and formulas.

Course Contents

Unit 1 Functions and Formulas 5 Hours

Formulas with Multiple Operators • Inserting and Editing a Function • AutoCalculate and Manual Calculation

• Defining Names • Using and Managing Defined Names • Displaying and Tracing Formulas • Understanding

Formula Errors • Using Logical Functions (IF) • Using Financial Functions (PMT) • Using Database

Functions (DSUM) • Using Lookup Functions (VLOOKUP) • User Defined and Compatibility Functions •

Financial Functions • Date & Time Functions • Math & Trig Functions • Statistical Functions • Lookup &

Reference Functions • Database Functions • Text Functions • Logical Functions • Information Functions •

Engineering and Cube Functions

Unit 2 Data Ranges 10 Hours

Sorting by One Column • Sorting by Colors or Icons • Sorting by Multiple Columns • Sorting by a Custom
List • Filtering Data • Creating a Custom AutoFilter • Using an Advanced Filter. PivotTables • Creating a
PivotTable • Specifying PivotTable Data • Changing a PivotTable’s Calculation • Filtering and Sorting a
PivotTable • Working with PivotTable Layout • Grouping PivotTable Items • Updating a PivotTable •
Formatting a PivotTable • Creating a PivotChart • Using Slicers • Sharing Slicers Between PivotTables

Unit 3 Analyzing and Organizing Data 15 Hours

Web and External Data • Inserting a Hyperlink • Importing Data from an Access Database or Text File •

Importing Data from the Web and Other Sources • Working with Existing Data Connections Working with

Macros • Recording a Macro • Playing and Deleting a Macro • Adding a Macro to the Quick Access Toolbar

• Editing a Macro’s Visual Basic Code • Inserting Copied Code in a Macro • Declaring Variables and Adding

Remarks to VBA Code • Prompting for User Input • Using the If…Then…Else Statement Customizing Excel

• Customizing the Ribbon • Customizing the Quick Access Toolbar • Using and Customizing AutoCorrect •

Changing Excel’s Default Options • Creating a Custom AutoFill List • Creating a Custom Number Format


 Microsoft Excel 2016 – Data Analysis and Business Modeling by Wayne L. Winston, PHI
Learning Pvt Ltd.

 Advanced excel Essentials by Jordon (2014) Apress


III Semester M.Com

Course Code Course Title Credits Hours



 To give an integrated view of direct tax planning and apply the provisions of law to business


Course Contents

Unit 1 Foundation to Tax Planning 10 Hours

Introduction to tax planning, Distinguish between Tax Planning, Tax Evasion, Tax Avoidance and Tax

Management, Objectives of Tax Planning, Essentials of Tax Planning, Areas of Tax Planning.

Unit 2 Tax planning for managerial decisions – I 12 Hours

Tax Implications and incentives based on forms of business organisations, Capital Structure Decisions,

Dividend Policy, Bonus Share, Tax Planning with reference to receipt of insurance Compensation, Tax

provisions for certain types of businesses, Tax Planning with reference to distribution of assets at the time of

liquidation [Problems on all concepts]

Unit 3 Tax planning for managerial decisions – II 14 Hours

Purchasing of an asset out of own funds or out of borrowed capital, Owning or leasing of an asset, Purchase

of assets by installment system or hire system, Purchase of assets by installment system or hire system,

Purchase of assets by installment system or hire system, Sale of assets used for scientific research. [Problems

on all concepts].

Unit 4 Tax Planning with Reference to Employee Remuneration 12 Hours

Meaning and basis of charge for salary, Planning retirement benefits for employee – Gratuity, NPS,

Retrenchment Compensation, Provident fund and leave encashment, Designing salary structure- Allowances,

Perquisites, deductions from salary. [Problems on all concepts]

Unit 5 International Taxation 12 Hours

Double taxation relief-meaning and types, Tax implication of agreement with foreign countries & countries

with which no agreement exists, determination of arm's length price. Investment income derived from foreign

exchange assets and. Long-term capital gains on sale or transfer of “foreign exchange assets. [Problems on all


Composition of the question paper [60% problems and 40% Theory]

Suggested readings:

 Vinod K. Singhania and Monica Singhania, Corporate Tax Planning. Taxmann Publications

Pvt. Ltd., New Delhi.

 Girish Ahuja and Ravi Gupta, Corporate Tax Planning and Management, Bharat Law House,


 E.A. Srinivas, Corporate Tax Planning, Tata McGraw Hill.

 Kaushal Kumar Agrawal, Corporate Tax Planning, Atlantic Publishers.

III Semester

Course Code Course Title Credits Hours
4 60

Objective : To inculcate in students a sense of ethical values in business practices

Unit 1 Course Contents 10 Hours
Ethics in Business and Ethical Theories:

Nature, Sources of Ethics: Religion, Philosophical System. Types and codes of ethics, importance of
ethics in business. Managerial values and attitudes

Kantianism v/s Utiliarianism, Individualism v/s Collectivism. Cognitivism and non- cognitivism;

consequentialism versus non-consequentialism- Ethical Decision Making Model.

Unit 2 Ethics in Marketing and HRM 15 Hours

Ethics in Marketing: Ethical dilemmas in marketing- unethical marketing practices- ethical and social
issues in advertising- common deceptive marketing practices-role of consumerism. Product Safety -
Due Care theory -Contractual theory – Strict Liability Theory.

Ethics in Human Resources Management: Human resource system- psychological expectancy model-

Human resource management practices and ethical implications: Ethical hiring, equality of

opportunity, Ethics and Remuneration; Ethics in Retrenchment. Individualism versus collectivism in

human resource management practices

Unit 3 Ethics in Finance and Accounting 9 Hours

Unethical financial practices creative accounting- hostile takeovers- tax evasion- corporate crimes. Ethical
issues in Mergers and Acquisition, Insider trading, Money Laundering. Banking Ombudsman Scheme

Unit 4 Corporate Social Responsibility 12 Hours

Definition – importance – Scope – Advantages – Steps- Theoretical Justification for CSR- CSR as a Business

strategy for sustainable Development- External Standards on CSR- Indian perspective- Ethics and CSR of

business. Companies Act (Amendment) 2013 on CSR- CSR Audit

Unit 5 Corporate Governance 14 Hours

Concept of corporate governance importance - Corporate governance and agency theory. Benefits of good
corporate governance - present scenario in India.
Reforming Board of Directors, Birla committee, Naresh Chandra Committee, Narayana Murthy committee,
Corporate Governance code future scenario. Changes is corporate governance issues as per new Companies
Act 2013

Suggested readings:
 Beanchamp Tom L, Ethical Theory and Business, Prentice Hall.
 Bowie, Norman , Business Ethics, Prentice Hall.
 Buckholz, Rogene A, Fundamental concepts and problems in business Ethics, Prentice Hall.
 Donaldson, Thomas, Ethical Issues in Business, Prentice Hall.
 Ferrethoc, Business Ethics, Prentice Hall.


III Semester

Course Code Course Title Credits Hours





To enable the students to gain ability to solve problems relating to Holding Company Accounts,

Liquidation of Companies and various other Accounts.

To provide theoretical knowledge of corporate accounting concepts and their practical application.

Unit 1 Introduction Course Contents
06 Hours

Meaning & Types of shares – procedure for issue of shares - Advanced problems in share capital issues and

debenture issue transaction - underwriting - buyback of shares by companies.

Unit 2 Accounting for Group 14 Hours


Meaning of amalgamation- Mergers and Acquisitions; Types of Amalgamation .Introduction to IND-AS

101- Business Combinations; Methods of accounting for amalgamation- purchase method; Accounting

treatment in the books of Transferor and Transferee companies. Treatment of various adjustments such as

intercompany owing- unrealized profit on stock- intercompany holdings-purchasing company in the books

of the selling company- selling company in the books of purchasing company- by both companies in the

books of each other.

Unit 3 Accounting for Hotel 16 Hours

companies &

Electricity companies

Hotel Companies: Heads of Revenue and Expenditure; Classification of Guests; Important Terms-

System of Book Keeping-Proforma of Visitor’s or Guest’s Ledger-Internal Control System in

hotels-Night Audit-Final accounts-Significant accounting policies. Electricity companies: Meaning

of Double account system; Accounts of electricity companies; Treatment of depreciation;

Contingency reserve; Development reserve-tariff and dividend control reserve; General reserve-

reasonable return; Final accounts.

Unit 4 Accounts of 12 Hours



Meaning, Maintenance of books of accounts; Annual report of Government companies; Application of

provisions of Companies Act; Accounts of statutory corporations – Meaning, Annual reports of statutory

companies. Corporate valuation and Restructuring- Theoretical aspects.

Unit 5 Recent trends in 12 Hours

Corporate Accounting

Human Resource Accounting - Objectives – Methods of valuation - Advantages and Disadvantages.

Accounting for Price Level Changes – CPP – CCA and Hybrid Accounting for price level changes(Inflation

Accounting) Social responsibility accounting. Forensic Accounting ( theory only )


Suggested readings:
Jain S.P, Narang K.L, Advanced Accountancy Corporate Accounting, Kalyani Publishers.
S.P. Jain and K.L.Narang, Advanced Accounts, Ludhiana, Kalyani Publishers.
Maheshwari, S. N, Advanced accountancy, Vikas Publishing House Pvt Ltd.
Gupta R.L, Radhaswamy M, Advanced accountancy, Sultan Chand publications.
M.C. Shukla and T.S.Grewal, Advanced Accounts, New Delhi, S. Chand and Co.

III Semester M.Com

Course Code Course Title Credits Hours




 To give an integrated view of corporate tax and apply the laws to business decisions.

Course Contents

Unit 1 Foundation to 08 Hours

Corporate taxation

Meaning & purpose of tax, Classification of taxes, Basis of charge for various heads of incomes, appraisal of

annual finance act specific to corporate taxation, Definition of Company u/s 2(17), Residence of a Company,

Incidence of Tax for a company.

Unit 2 Depreciation 10 Hours

Depreciation – conditions for charging depreciation, rates of Depreciation, normal depreciation, additional

depreciation, unabsorbed depreciation, calculation of capital gain on sale of depreciable assets, depreciation

in case of power generating units, WDV in case of slump sale.

Unit 3 Computation of 22 Hours

business income of


Income from business – meaning and basis of charge, provisions related to admissible & inadmissible

incomes & expenses, problems on computation of income from business of companies, set - off and carry

forward of losses (theory and problems including section 79), Deductions out of Gross Total Income - 80G,


Unit 4 Minimum Alternative 10 Hours


Procedure and problems on computation of total income of companies as per IT provisions, MAT – features

and applicability of MAT, procedure and problems on computing MAT, MAT credit – theory and problems,

computation of DDT.

Unit 5 Taxation for Business 10 Hours


Tax implications of Amalgamation on amalgamating company and amalgamated company and its

shareholders, Demerger and Shareholder of demerged company, Cost of acquisition of the shares in the

resulting company, Cost of acquisition of the shares in demerged company, Tax implication of slump sale and

conversion of sole proprietary business or firm into company. Problems on treatment of capital gains and

depreciation pertaining to business restructuring, Problems on capital gain on buy back of own shares or other

specified securities.


Suggested readings:
 Singhania, Vinod K. and Monica Singhania, Students’ Guide to Income Tax. Taxmann
Publications Pvt. Ltd., New Delhi.
 Dr. Mehrotra and Dr. Goyal,Direct Taxes Law and Practice. Sahitya Bhavan Publication.
 Gaur & Narang, Income Tax. Kalyani Publishers.
 Lal, B.B, Income Tax Law and Practice. Konark Publications, New Delhi.

III Semester

Course Code Course Title Credits Hours



1. To Provide Students with a Conceptual & Analytical Framework of Evaluating a Security.

2. To Provide Students with a Framework of Different Financial Instruments, their Risk & Returns &

Strategies in Managing Funds.

Course Contents

Unit 1 Introduction to Securities and Investments 14 Hours

Meaning- Nature, Scope and concept- Selection of Investment- Investment planning and Process-

Investment Vs. Speculation, Arbitrage, Gambling, Investment Constraints, Investment Strategy,

Selection of Securities, Buying, Selling, & Holding Decisions & Strategies, Market Indices, Credit

Rating Agencies – Process and Functions.

Unit 2 Risk and Return 12 Hours

Expected Return, Historical Return, Systematic & Unsystematic Risk, Beta Coefficient, CAPM, SML &

CML, Factor Model & Arbitrage Pricing Theory

Unit 3 Security Analysis 12 Hours

Securities analysis- analysis of variable income securities - Fundamental Analysis- Economic Analysis-

Economic Forecasting- Industry Analysis- Company Analysis- Technical Analysis- Advanced Declined

Theory- Dow theory-Efficient Market Hypothesis, Random Walk Theory

Unit 4 Portfolio Analysis and Management 12 Hours

Risk & Return, Markowitz Model, Risk Return Optimization, Sharpe Portfolio Optimization, Treynor’s

portfolio performance measure, Jensen’s investment performance measure, Portfolio Investment Process,

Investment Timing & Evaluation.

Unit 5 Portfolio Evaluation and Review 10 Hours

Portfolio theory- Portfolio insurance- portfolio management for individuals and institutions- Portfolio

Revision, Mutual Funds, Managed Portfolio & Performance- Portfolio performance evaluation


Suggested readings:

 Prasanna Chandra, Investment Analysis & Portfolio Management, Tata McGraw Hill
 Avadhani. V. A, Security Analysis & Portfolio Management, Himalaya Publishing House
 Bhalla. V. K., Investment Management, S. Chand
 Fischer & Jordan, Security Analysis & Portfolio Management, Prentice Hall.

III Semester

Course Code Course Title Credits Hours




 To understand diverse types of risks and the techniques of risk management.

 To study the foreign exchange market, the various types of exposures and risk management of foreign


Course Contents

Unit 1 Introduction to risk management 12 Hours

Concept of Risk, Distinction between Risk and Uncertainty, Risk classification, Types of Risk, including

Strategic and Operational Risks, Business Risk, Financial Risk, Information Risk, Liquidity Risk; Concept of

Risk management, Objective and Process of Risk Management, Importance of Risk Management, Risk

Management techniques.

Unit 2 Credit risk, Enterprise risk and Operational risk 12 Hours

Understanding the component of credit risk, evaluating credit risk, Mitigating Credit risk, Qualitative and
Quantitative techniques to manage credit risk; Enterprise risk Management - Definition, Scope and
Techniques; Operational risk management - Definition, Scope and Techniques.

Unit 3 Foreign Exchange Markets, Foreign Exchange Rate Exposure and Risk 16 Hours


Spot and Forward Foreign Exchange Markets, Quotations and Market Rules, direct and indirect quotes, bid

and ask quote, spot and forward quote, cross rates, Speculation and Arbitrage in Foreign Exchange Markets,

Transaction, Translation and Operating Exposure, Hedging tools for Management of Transaction Exposure.

Unit 4 Exchange rate determination and forecasting 10 Hours

Setting the equilibrium spot exchange rate – theories of exchange rate determination – exchange rate


Unit 5 Management of interest rate exposure 10 Hours


Nature and measurement – forward rate agreements (FRA’s) interest rate options, caps, floors and collars, cap
and floors – options on interest rate futures, some recent innovations – financial swaps.
Suggested readings:

 Shapiro Alan. C., Multinational Financial Management, Prentice Hall, New Delhi.
 Hull, J. C. 1999, Introduction to Futures and Options Markets, Prentice Hall of India.
 McRae T.N and D.P Walkar, Foreign Exchange Management, Prentice Hall.
 Evilt H.E, Manual of Foreign Exchange.
 Rajwade A.V., Foreign Exchange Risk Management, Prentice Hall of India.

III Semester

Course Code Course Title Credits Hours



 To develop and train students for the preparation of various competitive exams.

Course Contents

Unit 1 Aptitude Development-I 11Hours

Quantitative Aptitude: Profit and loss- Ratio, Proportion and Percentages-Sequence and series-Data

interpretation-Work and time-Time and distance-Logical reasoning: Alphanumeric series-Puzzles-

Tabulation-Blood Relation-Coding, Decoding.Types of Assessment Test

Unit 2 Aptitude Development-II 11Hours

Research and teaching aptitude-English Language :Reading Comprehension-Paragraph Completion-Phrases

and idioms-Synonyms and antonyms-General Knowledge :Current Affairs-Financial Awareness

Unit 3 Theoretical concepts 08 Hours

Key concepts of Principles of Management- HRM-Marketing Management-Financial Management-

Organisational Management-Banking operations-International Business-IFRS-Financial Accounting-

Corporate Accounting-Cost Accounting-Management Accounting-Income Tax-GST

Suggested Readings:

 R.S.Agarwal,Quantitaive Aptitude for Competetive Examinations,S.Chand Publishers
 B.S.Sijwali,A new approach to Reasoning-Verbal and non verbal,Arihant Publishers
 Trueman’s UGC NET Commerce
 S.P.Bakshi,Objective General English,Arihant Publishers
 L.N,Koli, UGC NET Commerce,Upkar Publishing


III Semester Course Title Credits Hours
Course Code 2 30


 To familiarize students with the functioning and recent trends in financial markets and

Course Contents 08 Hours
Unit 1 Introduction to Financial Market

Introduction to Financial market- Money market and capital market; money market instruments; Introduction
to capital market, types of capital market; Primary Market - Meaning – Features - Players of Primary Market
– Instruments in Primary Market (Meaning only)

Unit 2 Secondary market 14 Hours

Secondary Market– Trading and Settlement System of Stock Exchange Transactions - Players in the Stock
Market – Merits and Demerits of Stock Markets – Reforms in Stock Market – OTCEI and NSE and BSE–
Origin – Function – Merits – Demerits –Practical approach

Unit 3 Financial Services 08 Hours

Mutual Funds-Merchant Banks - Hire Purchase Finance - Lease Finance - Housing Finance - Venture
Capital Funds and Factoring. Credit Rating -Meaning and process.

Suggested Readings:

 Gordon & K Natarajan, Financial Markets & Services, HPH.
 K.Nanje Gowda, Financial Markets & Financial Services , VBH.
 L M Bhole, Financial Institutions and Markets, Tata Mc Graw Hill
 Meir Kohn, Financial Institutions and Markets, Tata Mc Graw Hill
 R.M Srivastava / D. Nigam, Dynamics of Financial Markets & Institutions in India, Excel



III Semester PG

Course Code Course Title Credits Hours



 To expose the students to the various provision of Income Tax Act relating to computation of Income

of individual assesse only with a focus on salaried individuals.

Course Contents

Unit 1 Introduction to Income Tax 06 Hours

Meaning and Classification of taxes, Brief history of Income Tax, legal frame work, cannons of taxation;

Finance Bill; Scheme of income tax; Definitions - Assessee, person, assessment year, previous year; Income,

gross total income, total income, agricultural income, exempted incomes u/s 10 (restricted to individual

assesse). Residential Status and Tax Incidence (Theory with Illustration )

Unit 2 Income from Salary – I 04 Hours

Concept of salary income, basis of charge, incomes forming part of salary, retirement benefits- computation

of Gratuity, Pension, Leave encashment and Provident Fund. (Theory with illustration )

Unit 3 Income from Salary – II 12 Hours

Computation of salary income - concept of allowances, various income tax provisions for computing taxable

value of allowances, concept of perquisites, classification of perquisites for their tax treatment, valuation of

perquisites, computation of income from salary after deductions u/s 16.

Unit 4 Other Heads & Assessment of Individual 08 Hours

Income house property, Profits and gains from business and profession, Income from capital gains and

Income from other sources (Theory – Meaning and Basis of Charge only). Deduction u/s 80C, 80D, 80TTA

Computation of total income and tax liability of Individual salaried assesse, problems - In case of Income

from other heads except salary (Computed income shall be given).

Preparation of return of income: Manually - On-line filing of returns of income & TDS.

Suggested readings:
 Singhania, Vinod K. and Monica Singhania, Students’ Guide to Income Tax. Taxmann
Publications Pvt. Ltd., New Delhi.
 Dr. Mehrotra and Dr. Goyal, Direct Taxes Law and Practice. Sahitya Bhavan Publication.
 Gaur & Narang, Income Tax. Kalyani Publishers.
 Lal, B.B, Income Tax Law and Practice. Konark Publications, New Delhi.


IV SemesterM.Com

Course Code Course Title Credits Hours


 The course aims at providing the students, advanced knowledge about the Finance markets, and

various services provided in those markets. The syllabus is structured in a way whichprovides
adequate information about the roles of intermediaries and its regulating bodies. The course also

provides information about the prevailing financial system in India.

Course Contents

Unit 1 Equity Markets 14 Hours

Meaning, Features, Classification of Capital Markets; Functional importance of capital markets;

Methods of Floating New Issue; Advantages & Disadvantages of Going Public& private placement; Steps
or Procedure for Issue of shares (In Detail); Difference between Fixed price and Book Building; Types of

Bidders in Public issue; Benefits of Listing; Procedure & Eligibility for issue of IDRs, Debentures and
Masala bonds. Buy Back of Shares- Meaning & Definition; Reasons for Buy Back of Shares;Methods of

buyback of shares; Procedure of Buy Back of shares; Players in the New Issue Market and their
functions; Role of SEBI in New Issue Market; SEBI Criteria for issue of shares.

Unit 2 Stock Markets 14 Hours

Concept of Stock Markets; Difference between Primary market and Secondary Market (Stock Market);

Features of Stock markets; History of Stock Markets; Organization of Stock Exchanges; Difference
between Mutualization & Demutualization of stock exchange; Regulatory framework of stock exchanges

in India; Governing Body of Stock Exchange; Membership criteria in a Stock Exchange;Overview of Major
Stock Exchanges in India; Role, Function and Importance of Stock Exchanges; Role &Functions of SEBI in

Monitoring the Stock Exchange.

Unit 3 Trading in Stock Exchange 14 Hours

Concept of Stock Trading; Locating a Broker; Selecting Method of Trading; Placement & Execution of
order; Selecting pattern of trade; Preparation of contract notes; Settlement of Transactions (Settlement

Procedure-NSE and BSE); Reasons for using circuit breakers, Calculation of Index, Criteria of selection
for BSE 50 Speculators in Stock Exchange; Types of Stock Brokers and their activities; Stock Market

Classification of Shares; Depository-Meaning, Constituents, Depositories in India, Functions of
depository (NSDL and CDSL); Factors affecting stock markets;

Unit 4 Financial Services - I 10 Hours

Meaning and Classification of financial services, Securitization of Debts –Introduction of securitization,

features, advantages and the steps involved in the securitization process. Credit rating: Definition and
meaning, Process of credit rating of financial instruments, Rating methodology, Rating agencies, Rating

symbols of different companies.

Unit 5 Financial Services - II 08 Hours

Factoring: Origin, Types, Factoring mechanism, advantages, factoring charges, International factoring,
Factoring in India; Forfeiting: Origin, characteristics, benefits, difference between factoring and

forfeiting, growth of forfeiting in India.

Suggested readings:

 Financial Markets And Services , E. Gordon, K. Natarajan, Himalaya Publishing House
 Financial Services and Markets , Punithavathy Pandian, Vikas Publishing House

 Financial Markets, Institutions and Financial Services , Gomez, Clifford, Prentice Hall India
 Financial Services , M Y Khan, McGraw Hill Education


IV Semester

Course Code Course Title Credits Hours



 To enlighten the students with the concepts and practical applications of Strategic Management and

Corporate Governance.

 To instill a comprehensive and step-wise understanding of the principles of strategy formulation and

competitive analysis

Course Contents

Unit 1 Strategy and Process 10 Hours

Historical perspective of Strategic management, Conceptual framework for strategic management, the Concept of

Strategy and Strategy Formation Process – Stakeholders in business –Vision, Mission and Purpose – Business
definition, Objectives and Goals. The SM model

Unit 2 Competitive Advantage 14 Hours

External Environment – PESTEL Analysis, SWOT Analysis, Porter’s Five Forces Model ,The Competitive

Profile Matrix (CPM) ,Globalization and Industry Structure – Resources, Capabilities and competencies – Value
Chain Analysis – Core competencies, generic building blocks of Competitive Advantage- Distinctive

Competencies - Avoiding failures and sustaining competitive advantage

Unit 3 Strategic Alternatives 16 Hours

Corporate Level Strategies – Stability, Expansion, Retrenchment and Combination strategies - Business level
strategy: Cost, Differentiation, and Focus Strategies- Strategy in the Global Environment - Corporate Strategy -

Vertical Integration - Diversification and Strategic Alliances- Building and Restructuring the corporation-
Strategic analysis and choice – Environmental Threat and Opportunity Profile (ETOP) – Organizational

Capability Profile - Strategic Advantage Profile - Corporate Portfolio Analysis – GAP Analysis - Mc Kinsey's 7s
Framework - GE 9 Cell Model – BCG Matrix - Balance Score Card, Internal Factor Evaluation (IFV) Matrix.

Unit 4 Strategy Implementation and Evaluation 10 Hours

The implementation process, Resource allocation, designing organizational structure - Designing Strategic

Control Systems - Matching structure and control to strategy - Implementing Strategic change-Politics-Power and
Conflict-Techniques of strategic evaluation & control.

Unit 5 Current Strategic Isuues 10 Hours

Managing Technology and Innovation- Blue Ocean Strategy, managing in an economic crisis, new directions in
strategic thinking, Strategic issues for Non Profit organizations, Small Scale Industries, New Business Models
and strategies. Sustainability strategies.

Suggested readings:

 Hill. Strategic Management ,An Integrated approach, Edition Wiley

 John A.Parnell, Strategic Management, Theory and practice Biztantra .

 Azhar Kazmi, Strategic Management and Business Policy, Tata McGraw Hill,

 Adriau HAberberg and Alison Rieple, Strategic Management Theory & Application, Oxford University Press,

 Lawerence G. Hrebiniak, Making strategy work, Pearson,

 Gupta, Gollakota and Srinivasan, Business Policy and Strategic Management – Concepts and Application, Prentice Hall of



IV Semester

Course Code Course Title Credits Hours






To facilitate a strong conceptual understanding of the fundamentals of Decision making concepts.

To acquire adequate knowledge of cost accounting theory in management decision making.

Course Contents

Unit 1 Managerial Decision 08 Hours


Decision making process, Database for decision-making, Cost-based Decision making.

Unit 2 Cost Behaviour and 12 Hours

profit analysis

Marginal Costing and Short term Decisions and pricing, Application of short term decision models: key

factors, diversification of products, profit planning, Product mix decision, contribution analysis, make or buy

decisions, discontinuation of product, diversification of product line, accept or reject special order, break-even

analysis, cost-volume profit analysis.

Unit 3 Responsibility 14 Hours

Accounting and

Divisional Performance


Responsibility accounting: meaning and definition, process in implementation, responsibility reporting,

centres for control, benefits of responsibility accounting, difficulties in the implementation of

responsibility accounting, methods for measuring divisional performance, divisional performance


Unit 4 Budgetary Control and 14 Hours

Variance Analysis

Steps in Preparation of master budget, zero based budgeting (ZBB): meaning, requisites for implementation,

features, ZBB vs Traditional budgeting, benefits, criticism. Planning, programming budgeting system (PPBS):

meaning, definition, PPBS vs conventional budgeting, stages in PPBS, advantages. Performance budgeting:

meaning, reasons of performance budget, requisites, and steps in implementation. Monitoring results and control

variances: planning and operational variances, interpretation of variances. (Theory only).

Unit 5 Uniform Costing and 12 Hours

inter firm comparison

Meaning, objectives, requisites for the installation of Uniform costing, uniform costing manual, advantages and

disadvantages. Inter-firm comparison: meaning, requisites, Procedure involved under inter-firm comparison,

advantages and disadvantages


Suggested readings:
Vashist and Saxena, Advanced Cost and Management Accounting, Sultan Chand and sons.
Jain and Narang, Advanced Cost Accounting, Kalyani publishers.
Jawaharlal, Cost Accounting, TMH.
Khan and Jain, Theory and Problem of Management and Cost Accouting, TMH.
Arun Prasad Roy Chowdhury, Cost and Management Accountancy, New Central Book Agency.
ICWA, Calcutta, Advanced Cost and Management Accountancy Methods, Techniques and Applications.

IV Semester Course Title Credits Hours
Course Code


 To understand and apply corporate reporting practices and be able to prepare financial
statements in line with Indian Accounting Standards.

Course Contents

Unit 1 Evolution and Convergence of International Financial 08 Hours

Reporting Standards (IFRS) in India

GAAP in India and Hierarchy of GAAP in India, Convergence with IFRS – Stage-wise Approach,

Advantages of converting to IFRS, Significant Criticisms of IFRS, Issues in successful implementation of
IFRS in India, an overview of IND ASs: list of converged Indian Accounting Standards notified by

Ministry of Corporate Affairs (MCA) - Comparison of IFRS with Ind AS.

Unit 2 Accounting and Reporting for Business Combinations 15 Hours

Relevant Terms, Types of merger, methods of accounting, treatment of Goodwill arising on
merger, purchase consideration and settlement; Accounting in books of vendor/transferor

company, Accounting for investment in subsidiary, Accounting for holding companies (including
chain holdings, multiple holdings), Corporate Financial Restructuring (including intercompany

holdings), Reconstruction schemes, De-merger.

Unit 3 Group Financial Statements/ Consolidated Financial 15 Hours

Concept of a group, Purposes of consolidated financial statements, consolidation procedures-
Minority interest, Goodwill, Treatment pre-acquisition profit and concept of Fair value at the

time of acquisition, Preparation of group financial statements.

Unit 4 Accounting for investment in Associate and Joint 14 Hours


Meaning and scope of investment in associates in consolidated financial statements, significant

influence, application of the equity method of accounting, Disclosure requirements; Joint arrangement –
determination, Meaning and types of joint arrangements, accounting treatment- Equity method,

Proportionate method.

Unit 5 Accounting for Industry based standards (Theory only) 08 Hours

Agriculture –Insurance Contracts-Exploration for and Evaluation of Mineral Resources-Regulatory
Deferral Accounts.


Suggested readings:

 Dr.A.L.Saini., IFRS for India, Snow white publications
 CA Shibarama Tripathy., Roadmap to IFRS and Indian Accounting Standards
 IFRS explained – A guide to IFRS by BPP learning Media
 Kamal Garg., IFRS concepts and applications, Bharath law house private limited
 MP Vijay Kumar., First lesson to IFRS beginners guide, Prime knowledge services.

IV Semester

Course Code Course Title Credits Hours



 To familiarize the students with the concepts of Financial management from a Strategic

 To enable the students have a comprehensive understanding of financial policies and strategies.

Course Contents

Unit 1 Foundation to SFM 10Hours

SFM-Meaning, definition, characteristics, scope, importance; success factors of SFM, Constraints to SFM.

Financial policy and strategic planning: meaning, importance, steps, characteristics of financial planning;

Estimating financial requirements.

Unit 2 Strategic financing decisions 14 Hours

Capital structure and value in a perfect world – imperfections and capital structures –signaling theory – tools
for developing an effective capital structure – Guidelines for capital structure planning – dividend policy and
firm value – implication of real world imperfections – dividend policy formulation – rationale and objections
to share buyback – share buy backs and valuation.

Unit 3 Corporate Valuation 14Hours

Meaning and approaches to Corporate Valuation – Adjusted book value approach, Stock and debt approach,

Comparable companies approach, discounted cash flow approach; Concept of free cash flow to the firm, two

and three stage valuation models.

Unit 4 Value Metrics 12 Hours

Shareholder Value Creation – Traditional and modern approaches; Value Drivers, Approaches to Value

Based Management – Marakon Approach, Alcar Approach, McKinsey Approach, EVA Approach, BCG

Approach; Metrics for Measurement of Performance – EPS, ROI, EBIT, EBITDA, RONA, ROCE, TSR,

TBR, MVA, CVA,CFROI Concept of Economic Depreciation; Executive Compensation and value creation;

Employee stock option plan; Balanced score card.

Unit 5 Corporate Restructuring 10 Hours

Meaning and forms of corporate Restructuring – M&A, Types of Merger, Reasons for Merger, LBO,
buyback of shares, divestiture (sell off, spin off, equity carve-out), demerger (theory only).

Suggested Readings:
 Allen,. Introduction to Strategic Financial Management, Tata McGraw Hill Publications.
 Jakhotiya, G.P, Strategic Financial Management, Vikas Publishing House Private Limited.
 Vedpuriswar,A.V, Strategic Financial Management – Achieving Sustainable Competitive
Advantage, Vision Books.
 Prasanna Chandra,Corporate Valuation, Tata Mc Graw Hill education private Limited.


IV Semester M.Com

Course Code Course Title Credits Hours


 To give an integrated view of corporate tax and apply the laws to business decisions.

Course Contents

Unit 1 Financial Derivatives - Overview 08 Hours

Financial Derivatives - Introduction, economic benefits of derivatives - Types of financial derivatives -
Features of derivatives market - Factors contributing to the growth of derivatives - functions of

derivative markets - Exchange traded versus OTC derivatives -traders in derivatives markets -
Derivatives market in India.

Unit 2 Commodities Market - Overview 10 Hours

Growth of Global and Domestic Commodities Derivatives Markets, Agricultural Commodities Market

and Non-Agricultural Commodities Markets Commodity Exchanges: Exchanges around the World and
its Importance, Commodity Exchanges in India. National Exchanges and Regional Exchanges, platform –

Structure, Exchange membership, Capital requirements, commodities traded on National exchanges,
instruments available for trading and Electronic Spot Exchanges

Unit 3 Futures and forwards Market 22 Hours

Futures and forwards - differences-valuation of futures, valuation of long and short forward contract.

Mechanics of buying & selling futures, Margins, Hedging using futures -specification of futures -
Commodity futures, Index futures, interest rate futures – arbitrage opportunities. Financial Swaps -

features and uses of swaps - Mechanics of interest rate swaps – valuation of interest rate swaps –
currency swaps – valuation of currency swaps. [Problems on valuation and hedging]

Unit 4 Options trading and valuation 10 Hours

Options: Types of options, option pricing, factors affecting option pricing – call and put options on

dividend and non- dividend paying stocks put-call parity - mechanics of options -stock options -
options on stock index - options on futures – interest rate options. Concept of exotic option. Hedging &

Trading strategies involving options, valuation of option: basic model, one step binomial model, Black
and Scholes Model, option Greeks. Arbitrage profits in options.

Unit 5 Trading, Clearing and Settlement in Derivatives Market and Types of Risk 10 Hours

(a) Trading, Clearing and Settlement in Derivatives Market: Meaning and Concept, SEBI Guidelines,

Trading Mechanism – Types of Orders, Clearing Mechanism – NSCCL – its Objectives and
Functions, Settlement Mechanism – Types of Settlement. (b) Types of Risk: Value at Risk, Methods of

Calculating VaR, Risk Management Measures, Types of Margins, SPAN Margin.

Suggested readings:

 Nitty Nandhini Chatnani,Commodity Markets, TMH
 Prasanth, NeenaPandian, Commodity Markets, Subhas publications

 Amuthan, Financial Derivatives-R , Himalaya Publications
 Shri O.P. Agarwal, Financial Derivatives and Risk Management, Himalaya Publications

 Prafulla Kumar Swain, Fundamentals of Financial Derivatives, Himalaya Publications


Course Code Course Title Credits Hours

CO0618 TALLY ERP 9 2 30


 To have practical knowledge of financial tools used by companies

 To create and pass accounting entries in Tally

Course Contents

Unit 1 Creation of Company 5 Hours

Introduction to computerized accounting, Tally ERP 9, creation of company, features and configuration,

Creating accounting ledger groups, Creating accounting ledgers(single and multiple)

Unit 2 Creation of accounting and inventory vouchers 20 Hours

Creation of accounting vouchers- Contra vouchers, payment vouchers, receipt vouchers, journal

vouchers, purchase vouchers, sales vouchers, credit note, debit note.

Inventory vouchers: Purchases order, sales order, rejections out, rejections In, stock Journal, delivery

note, receipt note.

Unit 3 Generation of Accounting Reports and Analysis 5 Hours

Basic features of reports, financial statements, balance sheet, books and registrars, ratio analysis

 NICT Computer Education, Tally.ERP 9 Series A Reference Manual


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