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COURSE STRUCTURE YEARLY SCHEME OF EXAMINATION B.COM COURSE I YEAR PAPER PAPER TITLE EXAMINATION MARKS CODE DURATION MAX. MIN. B.Com 101 Financial Accounting 3 Hrs 100 35 B.Com 102 Cost Accounting 3 Hrs 100 35 B.Com 103 Principles of Management 3 Hrs 100 35 B.Com 104 Regulatory Framework of Business 3 Hrs 100 35 B.Com 105 Business Economics 3 Hrs 100 35 B.Com 106 Economic Environment 3 Hrs 100 35 B.Com 107 Business Communication and Computer Application 3 Hrs 100 35 COURSE STRUCTURE YEARLY SCHEME OF EXAMINATION B.COM COURSE II YEAR PAPER PAPER TITLE EXAMINATION MARKS CODE DURATION MAX. MIN. B.Com 201 Management Accounting And Statistics 3 Hrs 100 35 B.Com 202 Auditing Principles and Practice 3 Hrs 100 35 B.Com 203 Business Ethics 3 Hrs 100 35 B.Com 204 Event Management 3 Hrs 100 35 B.Com 205 Banking and Finance 3 Hrs 100 35 B.Com 206 Financial Management 3 Hrs 100 35 B.Com 207 Principle and Practice of Insurance 3 Hrs 100 35 COURSE STRUCTURE YEARLY SCHEME OF EXAMINATION B.COM COURSE III YEAR PAPER PAPER TITLE EXAMINATION MARKS CODE DURATION MAX. MIN. B.Com 301 Income Tax 3 Hrs 100 35 B.Com 302 Company Law 3 Hrs 100 35 B.Com 303 Business Budgeting 3 Hrs 100 35 B.Com 304 Project Management 3 Hrs 100 35 B.Com 305 Environmental Management 3 Hrs 100 35 B.Com 306 International Finance 3 Hrs 100 35 B.Com 307 Macro Economics 3 Hrs 100 35

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COURSE STRUCTURE

YEARLY SCHEME OF EXAMINATION – B.COM COURSE I YEAR

PAPER

PAPER TITLE

EXAMINATION MARKS

CODE DURATION MAX. MIN.

B.Com 101 Financial Accounting 3 Hrs 100 35

B.Com 102 Cost Accounting 3 Hrs 100 35

B.Com 103 Principles of Management 3 Hrs 100 35

B.Com 104 Regulatory Framework of Business 3 Hrs 100 35

B.Com 105 Business Economics 3 Hrs 100 35

B.Com 106 Economic Environment 3 Hrs 100 35

B.Com 107 Business Communication and Computer Application 3 Hrs 100 35

COURSE STRUCTURE

YEARLY SCHEME OF EXAMINATION – B.COM COURSE II YEAR

PAPER

PAPER TITLE

EXAMINATION MARKS

CODE DURATION MAX. MIN.

B.Com 201 Management Accounting And Statistics 3 Hrs 100 35

B.Com 202 Auditing – Principles and Practice 3 Hrs 100 35

B.Com 203 Business Ethics 3 Hrs 100 35

B.Com 204 Event Management 3 Hrs 100 35

B.Com 205 Banking and Finance 3 Hrs 100 35

B.Com 206 Financial Management 3 Hrs 100 35

B.Com 207 Principle and Practice of Insurance 3 Hrs 100 35

COURSE STRUCTURE

YEARLY SCHEME OF EXAMINATION – B.COM COURSE III YEAR

PAPER

PAPER TITLE

EXAMINATION MARKS

CODE DURATION MAX. MIN.

B.Com 301 Income Tax 3 Hrs 100 35

B.Com 302 Company Law 3 Hrs 100 35

B.Com 303 Business Budgeting 3 Hrs 100 35

B.Com 304 Project Management 3 Hrs 100 35

B.Com 305 Environmental Management 3 Hrs 100 35

B.Com 306 International Finance 3 Hrs 100 35

B.Com 307 Macro Economics 3 Hrs 100 35

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-101 Marks (Max. 100, Min. 35)

FINANCIAL ACCOUNTING

Objective : To provide knowledge about company accounts and different valuation regarding company.

Module I : A General Knowledge of the framing of the accounting standards, national and

international accounting authorities, adoption of international financial reporting standards

Module II : Accounting Standards, Disclosure of Accounting Policies , Valuation of Inventories

Module III : Cash Flow Statements, Depreciation Accounting

Module IV : Construction Contracts (Revised 2002) , Revenue Recognition

Module V : Accounting for Fixed Assets, Accounting for Investments, Accounting for Amalgamations

Module VI : Issue of Shares and Debentures : Meaning, Types, Methods of issue, forfeit of

shares and reissue of forfeited shares, treatment of interest on debentures.

Module VII : Redemption of Preference Shares and Debentures : Meaning, Legal provision

and methods of redemption, preparation of balance sheet after redemption.

Module VIII : Valuation of Goodwill : Meaning, types of Goodwill, Method of valuation of Goodwill

and object of valuation of goodwill.

Module IX : Valuation of Shares : Meaning, Need of valuation of shares, methods of valuation of

shares, valuation of right shares.

Module X : Internal reconstruction : Meaning, Objective, Procedure, method and accounting

treatment. Preparation of balance Sheet after Reconstruction.

Module XI : Amalgamation : Meaning, objective and types. Calculation of Purchase consideration.

Module XII : Accounting in the books of Vendor and Purchasing Company.

Module XIII : Goodwill and Capital Reserve. Treatment of inter- company debts, stock and

investment. Preparation of Balance Sheet

Module XIV : Liquidation : Meaning and types. Preparation of Statement of affairs and

liquidators final statement of account.

Module XV : Calculation of liquidator’s commission. Calculation of liability of contributories.

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-102 Marks (Max. 100, Min. 35)

COST ACCOUNTING

Objective : To develop an understanding of cost classification, allocation and how the costing

techniques are useful in the process of managerial decision-making.

Module I : Cost Accounting : Meaning, Objectives, Importance and Advantages of Cost

Accounting, cost concepts, Types of costing; Installation of a costing system; Essentials of a

good Cost Accounting system

Module II : Financial and Cost Accounting : Distinction between financial accounting and

cost accounting, Elements of Cost. Module III : Material Cost Control : Purchasing, storing and pricing of stores issued. Inventory control.

Module IV : Material accounting : Procurement procedures; Store procedures and

Documentation in respect of receipts, Issues of stock, Stock verification.

Module V : Inventory Control : Inventory control; Conventional techniques such as fixing of

minimum/ maximum and re-order levels.

Module VI : Valuation of receipts, issues of inventories. Consumption; Identification with products

of cost centers; Basis for consumption entries in financial accounts; monitoring consumption.

Module VII : Employee-related cost : Attendance and Payroll procedures; Overview of statutory

requirements; Overtime and incentives.

Module VIII : Direct expenses : Sub-contracting; Control on material movements; identification

with the main product or services; Documentation requirements.

Module IX : Overheads : Functional analysis; Factory Administration, Selling, Distribution,

Research and development.

Module X : Labor & Overhead Costing : Meaning, Objectives, Labor Cost Control :

Recording of time and wages, Methods of remuneration, incentive plans, allocation of wages,

labor turn-over and treatment of idle-time, over-time.

Module XI : Overhead Cost Control : Meaning, Collection, Classifications, Apportionment

allocation and absorption of overheads.

Module XII : Costing Methods : Single output or unit costing. Operating costing

Module XIII : Job and Contract Costing : Determination of profit or loss of complete and

incomplete contracts.

Module XIV : Process Costing : Accounting of process costing. Wastage and effectives. Inter

process profit.

Module XV : Variance Analysis : Meaning, Advantages, Limitations and types of variance.

Analysis of material and labor variance.

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-103 Marks (Max. 100, Min. 35)

PRINCIPLES OF MANAGEMENT

Objective : To familiarize the students with concepts and principles of Management.

Module I : Principal of Management : Nature and Scope of Management process –

Management Science, Art – Development of Management – Scientific Management –

Module II : Management : Concept, Objective, Principles, Importance, process and Functions.

Module III : Planning : Planning; The meaning and purpose of Planning – Steps in Planning –

Types of Planning – Objectives and policies

Module IV : MBO. Planning : Nature, type, importance, principles and techniques of decision making.

Module V : Decision making : Process of Decision making - Types of Decisions - Problems

involved in Decision making.

Module VI : Organization : Structure, importance, process and principles. Types of an organization.

Module VII : Organization design, Types of authority, Delegation of authority.

Module VIII : Communication : Significance, Channels of communication, types and process

of communication, barriers and remedies.

Module IX : Leadership : Functions, qualities.

Module X : Co-ordination and co-operation, co-ordination as essence of management,

principles and techniques, obstacles in co-ordination, essential of effective co-ordination.

Module XI : Direction : Concept, nature, importance and principles.

Module XII : Motivation : Importance, type process and techniques.

Module XIII : Control : Nature, process, techniques and essentials of effective control.

Module XIV : Business Organization : Significance and establishment of business

organization, Different types of business organization.

Module V : Finance : Need and importance of Finance. Sources of Finance. SIDBI, RFC and RIICO.

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-104 Marks (Max. 100, Min. 35)

REGULATORY FRAMEWORK OF BUSINESS

Objective : To provide insight into the Indian Contract Act, Sale of Goods Act, Indian

Partnership act and Consumer Protection Act. Module I : Legal and regulatory Framework of business : Relationship between Business and its

Environment; Legal Aspects of Business; Sources and Scope of Mercantile Law; Objectives and

Scope of Business & Commercial Law; Regulatory Framework and Legal Systems in Business. Module II : The Constitution of India and Directive Principles of State Policy : Peculiar features of Indian

Federalism/Constitution, Constitutional Environment of Business; Directive Principles of State Policy;

Regulatory Environment and Government’s Policy; Rationale of State’s influence in a Planned Economy. Module III : Law of Contract : Nature of Contract, Classification, Capacity to Contract, Free

Consent, Consideration, Legality of object, Performance of Contract, Discharge of Contract,

Remedies for breach contract.

Module IV : Offer and Acceptance : Offer and Acceptance; Law Relating to Offer and

Acceptance; Circumstances of Revoking an Offer and Acceptance; Law relating to Contract by

Post, Telephone, E-mail, etc., Differences between an Offer and Invitation to Offer.

Module V : Consideration and Capacity : Meaning and Legal Rules of Consideration;

Meaning of Contractual Capacity; Legal Disability of a Minor/Infant; Legal Position of a Person

of Unsound Mind; Legal Disability of a Person on the ground of Status.

Module VI : Free Consent : Meaning of Free and Genuine Consent; Circumstances of Flaw in

Consent; Characteristics of Coercion, Fraud, Mistake, etc. Legal Remedies to a person in case of

Flaw in Consent; Legal Consequences of Flaw in Consent.

Module VII : Object and Public Policy : Legality of Object and Consideration; Legal Rules for

Lawful Objects and Consideration; Heads of the Doctrine of Public Policy; Rules as to restrained

of Trade; Differences between Void Agreement and Illegal Agreement. Module VIII : Contingent and Quasi Contracts : Meaning & Essentials of Contingent & Quasi Contracts;

Legal Rules of Contingent and Quasi Contracts; Circumstances of Quasi Contractual Obligations; Clarify the

Legal Position of Finder of Lost Goods; Cases in which the Claim of Quantum Meruit arising. Module IX : Discharge of Contract : Different Modes of Discharging a Contract; Rules as to Performance of

a Contract; Contracts which need not be performed; Rules as to Appropriation of Payments; Meaning of

Discharge by New Agreement, Operation of law, Frustration and Superveining Impossibility. Module X : Sale of Goods Act : Formation of Contract of sale, Goods and their classification,

Price, conditions & warranties, Passing of property in goods, performance of contract of sale,

unpaid seller, sale by auction.

Module XI : Pledge : Meaning, Essentials, Rights and duties of Pawnor and Pawnee.

Module XII : Agency : Formation & termination methods of Agency. Rights & duties of agent.

Module XIII : Bailment : Meaning, Essentials, Rights & duties of Bailer & Bailee.

Module XIV : Indian Partnership Act : Introduction to partnership, Types of partnership and

partners, Registration of partnership firm, Rights and duties of Partners, Dissolution of firm. Module XV : Consumer Protection Act : Introduction, Rights of Consumers, Consumer protection

councils, Dispute Redressal agencies- The district forum, the state and national commission.

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-105 Marks (Max. 100, Min. 35)

BUSINESS ECONOMICS

Objective : To provide the knowledge of economic theories and their application for managerial decisions.

Module I : Business Economics : Meaning, nature and scope. Difference between Traditional

economics and business economics. Role of Micro & Macro analysis in formulation of business

policy; Inductive & deductive methods.

Module II : Consumer Behavior : Utility Analysis, Law of Diminishing Marginal Utility, Equi-

marginal utility, Consumer’s surplus, Indifference curve analysis, consumer equilibrium – price,

income & substitution effect.

Module III : Demand analysis : Determinants and Changes in Demand. Law of Demand,

Elasticity of Demand & its Measurement. Demand Forecasting.

Module IV : Demand Forecasting : Methods : a) survey of buyers intention b) collective opinion c)

trend projection d) economic indicator. Demand forecasting methods for a new product

Module V : Supply analysis : Determinants and Changes in Supply, Elasticity of Supply.

Module VI : Law of Supply : - meaning- determinants of supply and its influence on cost of production.

Module VII : Production Function : Equilibrium through Isoquants and Isocosts- managerial

uses of production function.

Module VIII : Production : Law of variable proportions – economies of large scale of

production-diseconomies of large scale production.

Module IX : Production Analysis : Production Function in Short-Run and Long Run,

Module X : Cost Classification : Cost Concepts : Social and Private costs, Economic and

Accounting Costs, Fixed and Variable Costs

Module XI : Opportunity Cost – Behavior of Cost Curves : Short Run and Long Run –

Producer’s Surplus

Module XII : Law of Variable proportions : Returns to scale, production and Equal product

curves, least cost combination. Cost concepts and Revenue Analysis.

Module XIII : Markets : Meaning and structure. Price and output determination under

Module XIV : Product Pricing : Price and Output Determination under Perfect Competition,

Monopoly, Discriminating Monopoly, Monopolistic competition and Oligopoly.

Module XV : Revenue Analysis : Revenue Concepts : Total Revenue Average revenue and

Marginal Revenue under Perfect Competition and Monopoly – Objectives of a Firm : Profit,

Sales and Growth Maximization –Types of Profit – Break Even Analysis

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-106 Marks (Max. 100, Min. 35)

ECONOMIC ENVIRONMENT

Objective : To assess external environment and evaluate their implication on business.

Module I : Business : Meaning, Scope, Characteristics, Goals, Objectives, Mission and Vision.

Module II : Environment : Meaning, objective and need. Indian Constitution : Fundamental

Right, Directive Principles of state policy.

Types of Environment : Social-Cultural Environment, Technological environment and Political

environment. Business and society. Corporate social responsibility.

Module III : Economic Environment : Nature of Economic Environment. Economic Factors

affecting environment.

Module IV : Philosophy and strategy of planning in India; Problem of poverty; Concept of

mixed economy : the public sector and the private sector, their changing roles;

Module V : Industrial policy in India in recent years; Policy with regard to small scale

industries and labour, The monetary policy, fiscal policy and union budget as an instrument of

growth and their impact on business.

Module VI : Financial institutions : Financial institutions and their relevance to business

operations; Multinational corporations (MNC)

Module VII : Technological and socio-cultural environment : Policy for research and

development in India; Problem of selecting appropriate technology; Multinationals as source of

technology; foreign collaborations and joint ventures

Module VIII : Impact of culture and values : Salient features of Indian culture and values and their

implications for industrialisation and economic growth; Emergence of middle class and consumerism;

Development of business entrepreneurship in India; Social responsibility and Indian business

Unit IX : Liberalisation in India : The New Economic Policy; Globalisation; Policy changes

for liberalisation-Industrial policy; Exim policy; Banking policy; FDI policy; Reforms in capital

market; Structural reforms; Impact of reform measures, Salient Features of WTO

Module X : Politico-legal environment : Relationship between business and Government of

India; Constitutional provisions affecting business;

Module XI : Introduction to some important business laws : MRTP, Industrial (development and

regulation) Act 1951, FEMA, SEBI Act

Module XII : Consumer Protection Act; Changing dimensions of these laws and their impact on business.

Module XIII : Various Policies : Industrial Policy, Agriculture Policy, Monetary Policy, Fiscal

Policy and EXIM Policy.

Module XIV : Industrial growth : Meaning, features and latest trend. Small and medium

industries : Problems and suggestions. Industrial sickness. Globalization and Privatization.

Module XV : Economic Planning : Salient features of India’s five year plans. Planning

machinery in India. Unemployment and Poverty in India. India’s foreign trend.

SYLLABUS 2015-16

B.Com. I YEAR Duration : 3Hrs. B.COM.-107 Marks (Max. 100, Min. 35)

BUSINESS COMMUNICATION AND COMPUTER APPLICATIONS

Objective : To enable the students to understand the application of computers in Business

Environment with an emphasis on Accounting.

Module I : Communication : Concept, objectives, importance, process and effectiveness.

Module II : Types of Communication – upward & downward horizontal and grapevine. Media

of Communication : Written, oral, face to face, visual, audiovisual, modern media-telex, fax

teleconferencing, mail. Media of nonverbal communication.

Module III : Communication Barriers : Wrong choice of medium, Physical barriers, Semantic

barriers, Socio-psychological barriers, remedies to overcome barriers.

Module IV : Trade Enquiries - Orders and their Execution - Credit and Status Enquiries –

Complaints and Adjustments - Collection Letters – Sales Letters – Circular Letters.

Module V : Resume : Resume writing, preparing the resume, Do’s and Don’ts of resume.

Module VI : Presentation : Presentation skill, tools and techniques of effective presentation.

Styles/ Types of presentation, body language, interview preparation.

Module VII : Banking Correspondence - Insurance Correspondence - Agency Correspondence.

Module VIII : Application Letters – Interview : Meaning – Objectives and Techniques of various types

of Interviews

Module IX : Public Speech – Characteristics of a good

Module X : Speech – Business Report Presentations – Video conferencing and e-communication Methods

Module XI : Company Secretarial Correspondence (Includes Agenda, Minutes and Report Writing)

Module XII : Computers : Meaning and classification of computers, input and output device,

central processing unit, types of software, windows operating system

Module XIII : Desktop : Elements of desktop, Task bars, Control panel, Accessories

(Calculator, paint, system tools, note pad).

Module XIV : MS office : Introduction to Ms-Word – Editing and Formatting text, Finding and Replacing

text and spelling checking,

Module XV : Tables and mail merge. MS Excel : Features of spread sheet, range, formula and

functions.

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-201 Marks (Max. 100, Min. 35)

MANAGEMENT ACCOUNTING AND STATISTICS

Objective : To develop an understanding of the importance, language and techniques of

Management accounting. Module I : Management Accounting : Meaning, functions, importance and limitations. Management

accounting vs. traditional accounting. Responsibilities and qualities of a management accountant. Module II : Analysis of Financial Statements : Introduction of financial statement,

Comparative and Common size Income statements and Balance Sheets. Trend analysis. Ratio

Analysis : Types, uses and interpretation.

Module III : Fund flow statement : Meaning, concept and preparation.

Module IV : Cash flow statements : Meaning, concept and preparation. Comparison between

fund flow and cash flow statement.

Module V : Introduction to Statistics : Statistics – Types. Types of variables – Organising data

- Descriptive Measures.

Module VI Statistics : Definition, scope, uses and limitations of statistics, Collection of primary

and secondary data.

Module VII Probability : Rules for probability, conditional probability independence of events,

Baye’s theorem, and random variables, Probability distributions : Binomial, Poisson, Uniform

and Normal distributions.

Module VIII Sampling Distribution : Introduction to sampling distributions, sampling

distribution of mean and proportion, application of central limit theorem, sampling techniques.

Module IX Estimation : Estimation : Point and Interval estimates for population parameters of

large sample and small samples, determining the sample size.

Module X Module Testing of Hypothesis : Hypothesis testing : one sample and two sample

tests for means and proportions of large samples (z-test), one sample and two sample tests for

means of small samples (t-test), F-test for two sample standard deviations. ANOVA one and two

way – Design of experiments.

Module XI Non-Parametric Methods : Chi-square test for single sample standard deviation. Chi-

square tests for independence of attributes and goodness of fit. Sign test for paired data. Rank sum

test. Kolmogorov-Smirnov – test for goodness of fit, comparing two populations.Mann – Whitney U

test and Kruskal Wallis test. One sample run test, rank correlation.

Module XII Correlation, Regression, Index Numers And Time Series Analysis :

Correlation analysis, estimation of regression line. Time series analysis : Variations in time

series, trend analysis, cyclical variations, seasonal variations and irregular variations. Index

Numbers – Laspeyre’s, Paasche’s and Fisher’s Ideal index.

Module XIII Arithmetic Mean, Median, Quartiles, Decides Percentiles and Mode.

Module XIV Dispersion : Measures of Dispersion; range, quartile deviation, mean deviation,

standard deviation and their co-efficient; uses and interpretation of measures of dispersion. Module XV Correlation : meaning and significance, Karl Pearson’s coefficient of linear correlation,

coefficient of correlation by Spearman’s rank differences method. Linear Regression.

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-202 Marks (Max. 100, Min. 35)

AUDITING – PRINCIPLES & PRACTICE

Objective : To impart knowledge about the principles and methods of auditing and their applications.

Module I : Auditing : Meaning, Objects, Fraud, errors : Book-keeping, Accounting and

auditing; Classification of audits; Planning and procedure of audit; Audit programmes; Auditor’s

working papers, Test checking; Routine checking.

Module II : Internal control : Meaning, objective and evaluation of internal control; internal

check and internal audit;

Module III : Internal control Audit : Internal control regarding sales, purchases, assets,

liabilities and salaries and wages; vouching.

Module IV : Nature of Internal Control, Internal check & Internal audit, Types of Internal

controls, COSO model of Internal control, Module V : Evaluation of Internal control systems : Techniques for evaluation of internal controls :

Questionnaire, flow chart, interview and Control Self Assessment (CSA) methods

Module VI : Principles governing audit : Auditing standards and code of Ethics, Planning and

audit, Materiality, Assessing risks, Working papers, Audit evidence, Control of quality of audit work

Module VII : Verification and Valuation : Verification and valuation of assets and liabilities.

Module VIII : Audit of Educational institutions, Cinemas, Clubs and Hospitals. Audit of

joint stock companies : Appointment, removal and remuneration of company auditor; rights,

duties and liabilities of an auditor. Module IX : Audit Reports : Audit reports and audit certificates. Investigation : meaning, objectives,

procedures; Investigation on behalf of perspective purchaser of business, Banker and prospective investor.

Module X : Mandate, Standards & Types of Audit : The Comptroller & Auditor General of

India : Constitutional provisions relating to the Comptroller and Auditor General of India.

CAG’s Duties Powers & Conditions of Service Act 1971

Module XI : Auditing Standards : CAG’s Auditing Standards, Types of Audit in IA&AD :

Financial Audit, Performance Audit, Regularity, Compliance and Propriety Audit, Performance Audit

Module XII : Theory & Practice : Principles of performance auditing, Planning stage,

Implementation stage, Reporting stage, Follow-up stage, Quality assurance in performance audit.

Module XIII : The principles and philosophy of Government Audit : INTOSAI code of

ethics, Concepts of Governance & Accountability, Role of audit in legislative control,

Module XIV : Auditor’s role in corporate governance and evolution of Audit Committee, Current

developments and legislation in India and abroad, Company’s Act and Sarbanes Oxley Act Module XV : International Declarations on Audit : Lima declaration on INTOSAI, Bali Declaration

on ASOSAI

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-203 Marks (Max. 100, Min. 35)

BUSINESS ETHICS

Objective : The course aims at bringing the students closer to reality by developing their

understanding of the professional prerequisites to practice of management in terms of required

skills and attitude to respond proactively to rapid discontinuous change in business environment. Module I : Business Ethics : Introduction, Values, Morals and Business Ethics, Levels of Business Ethics,

Myths of Business Ethics, Relationship between values, morals and ethics, Ethical Decision Making.

Module II : Concepts and theories of Business Ethics : Introduction, Definitions of Ethics, Personal

Ethics and Business Ethics,

Module III : Morality and Law : How Are Moral Standards Formed, Religion and Morality,

Morality, Etiquette and Professional Codes Module IV : Management and Ethics : Normative Theories, Ethical Theories in Relation to Business,

Some More Normative Theories of Business Ethics, Teachings of the Church, Indian Ethical Traditions Module V : Ethics of Consumer Protection : Introduction, Consumer—An Important

Stakeholder, Hidden Taxation on Society, Stakeholder Alliance Module VI : Consumer and Consumer Protection, Parties to Consumer Protection, History and

Growth of Consumer Protection, Ralph Nader’s Contribution to Consumer Protection, Consumer

Protection, Why and How, Consumer Duties and Responsibilities, Consumer Protection : Indian

Scenario, Spate of Consumer-oriented Legislations, How Are Indian Consumers Exploited, Module VII : Consumer Protection in India : Legal Protection to Consumers, Consumer Protection

Act, 1986, Consumer Protection (Amendment) Act, 2002, Prevention of Food Adulteration Act, 1954,

Institutional Arrangements Under COPRA, Quality Standards Standards of Weights and Measures, Role

and Initiatives of Voluntary Organizations Other Initiatives to Promote Consumer Protection Module VIII : Environmental Ethics : Introduction, Environmental Concerns, History of Environmentalism, Environmental Philosophy

Module IX : Environmental Preservation : Role of Stakeholders, Future Outlook on

Environment, Partnerships, International Issues, Sustainable Development, Costs and Benefits of

Environmental Regulation, Trade and the Environment, Industrial Pollution, Role of

Corporations in Environmental Management, Module X : Employee and Corporation : Changing workforce, Employee’s Employer rights and responsibilities,

Discrimination, Equal Employment opportunity and Affirmative Action, organizational politics. Module XI : Ethical Issues in Human resource Management : Introduction, Definition,

Genesis and Growth of Human Resource Management, Scope of Human Resource Management,

Different Aspects of Human Resource Management Module XII : Functional Areas of HRM : Different Functional Areas of HRM, Emerging

Challenges of HRM, Changing Profile of HR Professionals, HR-related Ethical Issues, Role of

HRM in Creating an Ethical Organization, Institutional Culture, Creating an Ethical Organization Module XIII : Human Resource Development in India, Functions, Human Development Index

Module XIV : Ethical Issues in Financial Management : Introduction, Financial Accounting,

Management Accounting, Financial Management, Ethical Issues in Finance Module XV : Frauds : Frauds in Banks, Measures Against Bank Frauds, Constraints to Ethical

Practices in Indian Nationalized Banks, Frauds in the Insurance Sector, Ethical Issues Arising

out of Activities of Professional Players

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-204 Marks (Max. 100, Min. 35)

EVENT MANAGEMENT

Objective : To make students capable enough to understand the management and operational

aspects pertaining to event management.

Module I : Event Management : Concept, Importance and Advantages, Type of events-

Cultural, festivals, religious, business etc. Qualities of Event managers. Sponsorship : concept,

benefits and approaching sponsors, event management services.

Module II : Event Planning : Concept and Design- purpose of an event, Analysis of need of

audience, Process of event planning. Event Planning Tips : - 5 W’s of event planning & and 1 H,

Venue selection and Contracting Event Venue.

Module III : Event Analysis : Market Research, Market Analysis, Competitor’s Analysis in

Event Planning. SWOT Analysis in Event Planning. Project planning and development

Module IV : Principles of event Management, concept & designing. Analysis of concept,

Logistics of concept.

Module V : Feasibility, Keys to success, SWOT Analysis

Module VI : Event Planning & Team Management : Aim of event, Develop a mission,

Establish Objectives, Preparing event proposal, Use of planning tools

Module VII : Protocols, Dress codes, staging, staffing

Module VIII : Leadership, Traits and characteristics

Module IX : Event Marketing : Introduction, Steps involved in creating a promotional

campaign. Event promotion, advertising and public relation.

Module X : Formulation of event marketing, budget and budget plan. Identifying funding

resources, Incentives to attract the sponsors. Tactics and methods of successful event marketing.

Evaluation of marketing efforts.

Module XI : Event Leadership : Leadership skills, Managing team, Group development,

Managing meetings

Module XII : Communication : Written communications, (Official, demi-official, Invoice).

Verbal communications

Module XIII : Meetings and Exhibitions : Introduction, Trade shows and exhibitions, principal

purpose, types of shows, benefits, major participants, organization and membership, evaluation

of attendees. Convention/exhibition facilities; Benefits of conventions facilities.

Module XIV : Event Safety and Security : Security, Occupational safety, Crowed management,

Major risks and emergency planning, Incident reporting, emergency procedures

Module XV : Basic Event Accounting : Budget, break even point, cash flow analysis, Profit &

loss statement, balance sheet, Panic payments, financial control system

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-205 Marks (Max. 100, Min. 35)

BANKING AND FINANCE

Objective : The objective of this course is to familiarize the students with regard to structure,

organization and working of financial system in India.

Module I : Indian Financial Markets : Indian Capital Market - Features, Working, Defects and

Suggestions for improvement in Indian Capital Market. Indian Money Market- Meaning, Nature,

Functions, Constituents, Defects and Suggestions to improve Indian Money Market. Recent

Trends in Indian Money Market.

Module II : Development Banking in India : Introduction, Meaning, Functions and Importance of

Developments Banks in India-IFCI, IDBI, ICICI, IRBI, SIDBI, EXIM Bank, SFCs, SIDCs.

Module III : Merchant Banking In India : Origin, Meaning and Functions.

Module IV : Non Banking Financial Intermediaries : Development Banks, Insurance

Companies, Common Trust Funds, Post Offices, Mutual funds, Pension Fund, Provident Funds,

Savings and Loan Companies, Hire Purchase Companies, Chit Funds Companies.

Module V : Functions of Banks Deposits : Various functions associated with banking, deposit

and credit, documentation, monitoring and control. Module VI : Retail Banking : Approach, Products, Marketing, Wholesale Banking; International Banking

Module VII : Role and Functions of Insurance Companies - Bancassurance, Importance of

Risk Management in Banks types of Risk-Impact and Management Factoring & Forfeiting.

Module VIII : Banker-Customer relations - Know your Customer (KYC) guidelines-Different

Deposit, Products - services rendered by Banks - Mandate and Power of Attorney Module IX : Credit Appraisal Techniques - Approach to lending; - credit management - credit monitoring

– NPA Management Different types of documents; Documentation Procedures; Stamping of

documents Securities

Module X : Different modes of charging - types of collaterals and their characteristics Priority

Sector, Lending - sectors - targets - issues / problems - recent developments - Financial Inclusion

Module XI : Financial System : Institutions, Markets – primary, secondary, money and Capital

markets, Instruments of Money Market, Functions and their Economic Significance. Financial

Services : An Introduction. Module XII : Negotiable Instruments : Relationship between Banker & Customer, Cheques, Bills of

Exchange & Promissory Notes. Endorsement & Crossing. Presentation, collection & payment of Negotiable

Instruments, Dishonor of cheques & its legal provisions, Salient Features of the Banking Regulation Act.

Module XIII : Regulatory and Financial Institutions : RBI, NABARD. The Securities and

Exchange Board of India. Commercial Banks : SFCS, LIC, Mutual Fund, EXIM Bank.

Module XIV : Public Finance : Nature and scope. Principle of maximum social advantage, Public

expenditure : reasons and effects. Major trends of Public expenditure in India. Canons of taxation.

Module XV : Finance : Public debt in India, Centre-state financial relations, constitutional

provisions and finance commission, deficit financing, Budeget.

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-206 Marks (Max. 100, Min. 35)

FINANCIAL MANAGEMENT

Objective : To familiarized student basic knowledge of financial management that can be

helpful for a beginner in financial decision making.

Module I : Financial Management : Meaning, importance and objectives. Financial decisions.

Financial plannings – objectives and principles of sound financial planning.

Module II : Financial Management Decisions : Capital structure theories and planning, Cost of

capital, Designing Capital Structure, Capital budgeting, Lease financing

Module III : Financial management in public sector, Role of Treasury function in terms of

setting corporate objectives, funds management– national and international,

Module IV : Contemporary developments– WTO, GATT, Corporate Governance, TRIPS,

TRIMS, SEBI regulations as amended from time to time

Module V : Capital structure : Factors influencing capital structure, EBIT, EPS analysis.

Types of leverages.

Module VI : Management of working capital : Meaning, importance of working capital,

excess or inadequate working capital, determinants of working capital requirements.

Module VII : Management of Cash, Management of inventory

Module VIII : Break Even Analysis : Meaning, importance, objectives and practical

approaches of break even analysis,

Module IX : Dividend policy : Introduction, importance, objectives and determinants of

dividend policy, types of divided.

Module X : Capital Budgeting : Capital expenditure decisions, Pay-back period, return on

investment, discounted cash flow. Cost of capital.

Module XI : Financial Analysis & Planning : Funds flow and cash flow analysis, Financial

ratio analysis, Ratios in the areas of performance, profitability, financial adaptability

Module XII : Operation & Financial Leverages : Analysis of operating and financial

leverages, Concept and nature of leverages operating risk and financial risk and combined

leverage, Operating leverage and Cost volume

Module XIII : Profit analysis–Earning Before Interest and Tax (EBIT) and Earning Per Share

(EPS), indifference point.

Module XIV : Estimation of Working Capital Needs : Objectives of Working Capital

(Conservative vs Aggressive Policies), Static vs Dynamic View of Working Capital - Factors

Affecting the Composition of Working Capital Independence among Components of Working

Capital -Operating Cycle Approach to Working Capital and Cash Management.

Module XV : Receivables Management : Purpose of Receivables - Cost of Maintaining

Receivables -Credit Policy Variables (Credit Standard, Credit Period, Cash Discount, Collection

Program), Credit Evaluation - and Monitoring Receivables. Financing Current Assets : Behavior

of Current Assets and Pattern of Financing -Accruals - Trade Credit - Provisions - Short-Term

Bank Finance - Public Deposits, Commercial Paper - Factoring

SYLLABUS 2015-16

B.Com. II YEAR Duration : 3Hrs. B.COM.-207 Marks (Max. 100, Min. 35)

PRINCIPLES & PRACTICES OF INSURANCE

Objective : To make students familiarize with the fundamental principles on Non Life

Insurance. To give an in-depth knowledge on practice of Life Insurance.

Module I : Insurance : Meaning, function and importance. Classification of insurance – Life

and non-life insurance. General Insurance and its types. Basic terminology- premium, insured,

insurer, peril, cover note, insurable interest, Uberrima fides, Baile. Reinsurance

Module II : Insurance Regulatory development Authority : Objectives, duties and powers.

Module III : Risk Management : Dynamic risk, static risk, moral hazard, physical hazard,

compulsory and voluntary insurance, bonus- malus

Module IV : Banking : Basic Concepts, Need for Banks, Banking as an ancestral Service, Main

functions and other Services, Legal ( Framework Different Types of Banks-Their structure,

organisations and working, Need for proper Regulation and Supervision.

Module V : Other Financial Services : Investment Market, Debt and Equity Market, Primary

and Secondary Market Risks Non Bank Finance Companies, Non-funds Activities and services,

Foreign Exchange. Module VI : General Insurance : Health insurance, Fire insurance, Marine insurance, Motor insurance.

Module VII : Life Insurance : Insurance and Assurance, Life insurance policy, marketing of

life insurance, benefits of life insurance, Group life insurance.

Module VIII : Recent Trends : Privatization of insurance business, Changing scenario of

insurance industry,

Module IX : Contract : Principle of contract of insurance, Self insurance, Insurance

ombudsman, Subrogation. Module X : General Insurance Contract Design : Introduction to Insurance, Definition of a contract,

Requirements of an Insurance contract, Fundamental Principles of General Insurance contracts Module XI : Insurance Legislation : Introduction, General Insurance Business Nationalization

Act, 1972, The Insurance Act, 1938, Insurance Regulatory Authority, Insurance Regulatory and

Development Authority, Other legislations governing insurance business in India Module XII : Under Writing : Introduction, Objectives of underwriting, Principles of underwriting,

Underwriting process, Need for underwriting, Underwriting authority, Underwriting activities, Underwriting

policy, Underwriting guides, Rate making, Underwriting results, Underwriting in Special policies Module XIII : Insurance Forms : Introduction, Proposal forms, Cover notes, Certificate of

insurance, Policy forms, Endorsements, Interpretation of policies, Co-insurance, Renewal notice,

General Insurance policy provisions and conditions.

Module XIV Property and Casualty Insurance : Introduction, Nature and Scope of Standard

Fire and special perils policy, Nature and Scope of Marine Insurance policy, Nature and Scope of

Motor Insurance policy. Module XV Engineering Insurance : Introduction, Storage-Cum-Erection Insurance Policy, Contractors

all risks Insurance Policy, Contractor’s Plant and Machinery Insurance Policy, Boiler and Pressure Plant

Insurance Policy, Machinery Breakdown Insurance Policy, Machinery Loss of Profits Insurance Policy,

Electronic Equipment Insurance Policy, Advance Loss of Profits Insurance policy.

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-301 Marks (Max. 100, Min. 35)

INCOME TAX

Objective : The students should be able to demonstrate an understanding of the tax provisions

enabling them to make use of legitimate tax shelters, deductions, exceptions, rebates and allowances.

Module I : Basic concept : Income, Agricultural income, Person, Assesses, Assessment year,

previous year, Gross totals income, Total income, and Maximum marginal rate of tax.

Module II : Income Tax : Introduction, definitions under the Income Tax Act.

Module III : Residential Status : Rules for determining residential status of Individual, HUF,

Firm and Company, need to determine residential status, Incidence of tax and residential status.

Module IV : Income from Salary : Salary, Allowances, perquisites and retirement benefits, deductions,

computation of salary income.

Module V : Income from House Property : Computation of Annual Value of House, Deductions and

taxable income of House Property.

Module VI : Income from Business : Depreciation and other permissible deductions, Disallowable

expenses, income and expenses of illegal business, computation of Business income.

Module VII : Income from Profession : Computation of Doctors, Lawyers, Chartered Accountants,

Civil Engineers, Practical problems.

Module VIII : Income from Capital Gain : Meaning of capital assets, transfer of capital assets,

short term - long term capital gain, Exemption and computation of taxable income from capital gain.

Module IX : Income from other sources : Provisions related to different types of income.

Module X : Clubbing of Income : Set off and Carry Forward of Losses.

Module XI : Deductions : Deduction available for individual and HUF under section 80.

Module XII : Assessment of Individual : Procedure for computing total income, rates of tax, practical

problems.

Module XIII : Hindu Undivided Family : Computation of taxable income of Individual and

HUF, adjustment of agricultural income, tax rates and computation of tax liability.

Module XIV : Income Tax Authorities : Appeals and Procedures of Assessment, Form of tax returns,

submission of tax returns and PAN

Module XV : Assessment of Partnership firm and partners : Assessment of firms, provision

of sections 184 and 40(b), computation of book profit set off and carry forwards, computation of

total income of firm, Computation of taxable income of partners.

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-302 Marks (Max. 100, Min. 35)

COMPANY LAW

Objective : To provide complete knowledge of Indian Companies Act 1956, so that students can

handle every legal matter of corporate sector.

Module I : Meaning and Nature of a company : kinds of companies (Public, Private, Limited

– Unlimited, holding, subsidiary, Govt., Foreign, Defunct, illegal association, Non Profit making

companies etc).

Module II : Corporate law : Meaning and Nature of Company, Classification of companies, Principle of

separate legal existence, Functions, Duties, Liabilities and Rights of Promoters, Formation of company

Difference between private company and public company, Privileges and exemptions of private company. Module III : Formation and Incorporation of Company : Memorandum of Association – Main clauses

and Contents, Alteration.

Module IV : Articles of Association : Contents, alteration, Doctrine of constructive notice,

Doctrine of Indoor Management, ultra vires.

Module V : Prospectus : Meaning, contents, Abridged Form of Prospectus, Prospectus by

implication/ Deemed Prospectus Information Memorandum, Golden Rules framing, Prospectus,

Mis-statement and their consequences statement in lieu of prospectus, SEBI Guidelines.

Module VI : Issue of Shares : SEBI Guidelines, Book Building process, IPO/FPO,

underwriting, Brokerage, Allotment of shares, irregular allotment, right of Bonus issue.

Module VII : Shares & Share Capital : Kinds, Non-voting shares, alteration in share capital-

Raising and Reeducation in share capital, Buy back of Shares, Transfer of share and Depository.

Module VIII : Borrowing Powers of Company : Debentures, charges and its modification,

Debenture trust Deed, Public Deposit.

Module IX : Directors : Power, Duties, Appointment and Removal of Directors.

Module X : Winding up of Company : Modes of winding up, winding up by the tribunal and

voluntary winding up. Module XI : Prevention of oppression and Mismanagement : Company Law Administrations, ROC,

NCLT & Appellant Tribunals.

Module XII : Company Meetings : General Rules, Types of Meeting & their Legal Provisions –

Statutory Meeting, Annual General Meeting, Extra ordinary General meeting, Directors meeting.

Module XIII : Drafting : Memorandum of Associations, Articles of Association, Statutory

declaration for incorporation & Commencement of Business, Certificate of Incorporation &

Commencement of Business, Allotment of return.

Module XIV : Meeting Notice : Agenda, Minutes, and Resolution/Motion Resolution by

circulation, Statutory Report, Annual Return (Sec. 159 to 161) & Chairman Speech etc.

Module XV : Majority powers and minority rights : Prevention of oppression and mismanagement.

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-303 Marks (Max. 100, Min. 35)

BUSINESS BUDGENTING

Objective : To develop a basic understanding about the meaning, methods and preparations of

budgets in important functional areas of business.

Module I : Budgeting : Meaning, Nature, objectives, advantages and limitations of budgeting, budget

terminology, preparation of budgets, budget co-ordination, Essential of an effective budgeting.

Module II : Types of Budgets : Fixed and flexible budget, Functional Budget : Sales budget, production

budget, cost of production budget- Direct material budget, direct labor budget and overhead budget.

Module III : Budget Organization : Introduction, Budget Committee and Budget Manual,

Time framework : Annual, Half yearly, Quarterly, Monthly, Weekly and Daily Budget.

Module IV : Performance Budgeting : Concept, Evolution and its uses in Business Decisions-

Preparation of Performance Budgets, Follow-up and Monitoring. Module V : Zero Base Budgeting : Concept, Evolution and its Practical Utility in Business Decisions.

Module VI : Cash Budgeting : Meaning, importance and forms of cash budget, preparation of

cash budget, Methods of preparing cash budget.

Module VII : Business Forecasting : Meaning, Theories, Techniques of business forecasting,

and Essentials of business forecasting.

Module VIII : Operating Business Budgets : Sales Budget, Production Budget, Materials

Budget, Labor Budget, Overheads Budget, Financial Budgets-Cash Budget, Master Budget,

Human Resource Budget, Research and Development Budgets

Module IX : Capital Budgeting : Types of Capital Expenditure, Capital Expenditure and Investment

Banking Techniques Pay Back, Average Rate of Return, Net Present Value and Internal Rate of Return.

Module X : Project Planning and Feasibility Study : Types of Projects, Appraisal of Projects,

Profitability Estimates of Projects, Feasibility : Economic, Financial and Technical.

Module XI : Analysis of Risk and Uncertainty : Introduction, Description of basic risk

concept, Risk evaluation approaches. Module XII : Budgetary Control : Meaning, Characteristics, Objects and Benefits of Budgetary control;

Budgetary control v/s Standard Costing,

Module XIII : Variance Analysis : Materials, Labor; Sales and Overhead Variance.

Module XIV : Value Analysis : Meaning of Value Analysis, Objectives of Value Analysis : A Fresh look.

Module XV : Product and Production Decision : Meaning and product decision areas, use of

alternative production facilities, determination of the profitable level of production, utilization of

full production capacity, new product decision, key factors for product mix.

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-304 Marks (Max. 100, Min. 35)

PROJECT MANAGEMENT

Objective : The objective of the course is to make the students familiar with the planning,

analysis, selection, and implementation of projects.

Module I : Project : Project identification and formulation, Different types of projects under

modernization, Replacement, expansion and diversification and feasibility analysis.

Module II : Project Survey : Resource surveys, Need analysis, Market research, Market Planning.

Module III : Project Life Cycle : Introduction, Project ideas and Innovation.

Module IV : Project Selection Factors : Analysis of infrastructure, Elements of economic

geography location, Manpower, Inputs, Transport, Site selection

Module V : Industrial policy for Projects : Introduction, Government incentives and regulation, Techno

economic analysis

Module VI : Technology for Projects : Choice of technology, choice of process, appropriate Technology.

Module VII : Project Appraisal : Different type of appraisal, Capital Budgeting.

Module VIII : Project Planning : Introduction, pattern of financing, Sources of Finance, Direct financial

assistance.

Module IX : Managing Project Teams : Team development process, team building process,

stages in developing a high performance project team, project team pitfalls.

Module X : Project Finance : Introduction, Public Sector project financing, Role of tax planning in

project financing.

Module XI : Project Administration : Progress payments, expenditure planning, system,

project scheduling and network planning, use of PERT and CPM.

Module XII : Project Quality Management : Concept of project quality, responsibility for

quality in projects, quality management at different stages of project, tools and techniques,

Quality Management Systems, TQM in projects.

Module XIII : Project Monitoring : Projects Scheduling and Monitoring tools and Techniques

- Project management, Information system and Documentation.

Module XIV : IT in Projects : Overview of types of software for projects, major features of

software like MS Project, criterion for software selection.

Module XV : Project Evaluation : Review techniques, Audit, post project evaluation.

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-305 Marks (Max. 100, Min. 35)

ENVIRONMENTAL MANAGEMENT Objective : To sensitize students to the various facts of natural environment and its implications on business

environment and to create an understanding of various policies and practices of Environmental Management Module I : Environmental Management : Fundamentals; Sustainable Development,

Implications of Human Population Growth, Limits to Growth, Role of Environmental Studies.

Study of Environmental Management in Management Schools

Module II : Social Issues : Energy Management; Fundamentals, Types of Energy Resources,

Fossil Fuels Use, Energy Production and Trade,

Module III : Ecosystem Concepts : Basic Concepts, Kinds of Eco System and their

Applications in Business, and Industrial Ecology;

Module IV : Functions of Ecology : Energy flow in ecosystems, food chain, food web, trophic

levels, ecological pyramids; Ecotone;

Module V : Ecological Niche : Introduction, Hydrologic cycle, Biogeochemical cycles —

carbon, nitrogen, and phosphorus cycles. Module VI : Environmental Management System : EMS Standards, ISO 14000.Environmental Clearance/Permissions for Establishing Industry.

Module VII : Environmental Management and Valuation : Environmental Accounting Objectives of

Environment Accounting, Environmental Audit and Environmental Ethics.

Module VIII : Environmental Laws : Acts relating with Air and Noise Pollution, Water and

Land Pollution. Wastes Management,

Module IX : Biodiversity : The patent and Intellectual Property Right, Convention on

Biological Diversity and its implementation, Module X : Major Climatic Zones Of The World : Climates of India, Climate and vegetation, Climatic

extremes - environmental implications, Global climate change and its impact on environment

Module XI : Man and Environment : Environment, human culture and livelihood; Human

impact on ecosystems, General relationship between landscape, biomes and climate. Concept of

sustainable development, Environmental ethics

Module XII : Population Growth : - laws of population growth, biological growth curves and

carrying capacity; Population regulation – biotic potential and environmental resistances; Factors

of population regulation – density dependent and density independent; Population crash and

carrying capacity; Human population growth and environmental constrains

Module XIII : Natural Resources : Air, Water, Soil, Minerals, Forests and Energy resources;

Concept of reserve and resources; Problems with the exploitation of resources

Module XIV : Environmental Risk and Hazards : Risk and hazards; Chemical hazards,

Physical hazards, Biological hazards, Basics of hazard management and mitigation

Module XV : Environmental Issues : Green House effect, Ozone layer depletion, Acid rain,

Desertification, Deforestation and loss of bio-diversity

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-306 Marks (Max. 100, Min. 35)

INTERNATIONAL FINANCE

Objective : To familiarize students with the International Financial aspects of global marketing.

Module I : International Trade : Meaning, importance. International Trade : need and

importance, problems of international trade, Gains from international trade. The International

Monetary System – The Internationalization Process

Module II : Trade Theories : Absolute, comparative cost and modern theory.

Module III : Foreign Exchange : meaning, types, importance and determination of exchange

rate. Exchange rate theories, Fixed vs. Floating Exchange rate, Exchange control.

Module IV : Balance of Payment : Balance of trade vs. Balance of payment, method of

correcting, adverse balance of payments, Free trade vs. protection, tariff and growth. Module V : Introduction to International Financial System : Breton Wood Conference and Afterwards

- European Monetary Systems

Module VI : International Financial Markets and Instruments : International Capital and

Money Market Instruments and Their Salient Features - Integration of Financial Intermediaries

Module VII : International Money Market Instruments And Institutions : GRDS, ADRS,

IDRS, EURO LOANS, REPOS, CPS, Derivatives, Floating Rate Instruments, Loan Syndication

And Euro Deposits, IMF, IBRD, Development Banks

Module VIII : Multinational Financial Management : Complexities and Issues in Managing Financial

Function in an International Firm

Module IX : International Institution : IMF, International liquidity and SDRs, World Bank,

IFC, IDA, Asian Development Bank, WTO, UNCTAD. Module X : Economic Integration : Concept, customs union, EU, SAARC, NAFTA. Foreign Currency

Translation, Multinational Transfer Pricing and Performance Measurement, Consolidated Financial Reporting

Module XI : International Payments : Methods, documentary credit, ECGC and EXIM Bank

of India.

Module XII : Multinational Working Capital Management : Cash - receivable and Inventory

Management of Short-term Overseas Financial Sources

Module XIII : Hedging : Principles of Exposure Management, Internal Techniques Of

Exposure Management, External Techniques Of Exposure Management

Module XIV : Derivatives : SWAPS, Financial Futures and Foreign Exchange, Currency

Options, Interest Rate Risk, Financial Engineering

Module XV : Foreign Investment and Financial Decisions : capital budgeting for

Multinational Corporations, International Financing Sources and Financial structure, Cost of

Capital for Overseas Investment

SYLLABUS 2015-16

B.Com. III YEAR Duration : 3Hrs. B.COM.-307 Marks (Max. 100, Min. 35)

MACRO ECONOMICS

Objective : To familiarize students with the Macro Economic aspects of Indian Economy.

Module I : National Income : Accounts, Circular flow, Different concepts, methods of

estimating national income, National Income and Economic welfare.

Module II : National Income Accounting : Introduction, Concepts of GDP and National

Income; Measurement of National Income and Related Aggregates : Nominal and Real Income :

Limitations of the GDP concept. Module III : GDP : Actual and potential GDP : Aggregate Expenditure, Consumption Function, Investment Function : Equilibrium GDP : Concepts of MPS, APS, MPC, APC. Autonomous Expenditure : The Concept of Multiplier.

Module IV : National Income Determination : Determination in an Open Economy with

Government Fiscal Policy, Impact of Changes in Govt. Expenditure and Taxes : Net Export

Function : Net Exports and Equilibrium GDP. Module V : GDP and Price Level in Short and Long Run : Aggregate Demand and Aggregate Supply

: Multiplier Analysis with AD Curve and Price level Changes : Aggregate Supply in Short Run

and Long Run.

Module VI : Employment : Classical Theory of Employment, Keynesian theory, Aggregate

demand - Determinants of aggregate demand Multiplier, Aggregate supply, Short-run and long-

run analyses, Prices Determinants of aggregate supply.

Module VII : Macroeconomic Equilibrium : Real output and price level. Actual versus full-

employment output Economic fluctuations

Module VIII : Financial Sector : Money, banking, and financial markets Definition of financial

assets : money, stocks, bonds Time value of money (present and future value)

Module IX : Money Market : Introduction, Measures of money supply, creation of money.

Loan-able funds market, Central bank and control of the money supply

Module X : Inflation : Characteristics, types, mechanism (Demand pull, cost push), Inflationary

gap, causes of inflation, impact of inflation, control of inflation.

Module XI : Money in a Modern Economy : Concept of Money in a Modern Economy;

Monetary Aggregates : Demand for Money; Quantity Theory of Money; Liquidity Preference

and Rate of Interest; Money Supply and Credit Creation and Monetary Policy.

Module XII : IS – LM Analysis : Derivation of IS and LM Functions : IS-LM and Aggregate

Demand : shifts in AD Curve.

Module XIII : Balance of Payment and Exchange Rate : Balance of Payments : Market for

Foreign Exchange; Determination of Exchange Rates.

Module XIV : Business Cycles : Meaning, Characteristics, Phases, Control of Business Cycle.

Module XV : Business Theories : Introduction, Monetary, Psychological, overinvestment,

under consumption, innovation, Keynesian Theory.