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SFS, GURUKUL MARG, MANSAROVAR, JAIPUR

CREDIT TEMPLATE

AND

OUTLINES OF THE SYLLABI

FOR

M.Phil. COMMERCE EXAMINATION

I Semester Examination November 2009

II Semester Examination April 2010

Faculty of Commerce

M.Phil. (Commerce)

Total credits:

30

Semester-I Total marks: 500

Contact Hrs. Per

Week Paper Code Title Per

Sem L∞ C

@

Credit Max

marks

Compulsory papers

COM 141 Research Methodology-I 90 4 2 6 100

COM 142 Thesis* (Synopsis & Presentation) 90 4 2 6 100

COM 143 Communication skills 60 4 4 100

COM 144 Communication skills (Practical - Classroom teaching)

30 2 2

Elective Groups (Student will have to elect two papers of one of the following groups)

Accounting & Taxation Group

COM 145 A Techniques of Financial Analysis 90 4 2 6 100

COM 146 A Management of Working capital 90 4 2 6 100

Business Studies Group

COM 145 B Marketing Management 90 4 2 6 100

COM 146 B Consumer Behaviour 90 4 2 6 100

Financial Studies Group

COM 145 F Management of Financial Institutions in India

90 4 2 6 100

COM 146 F Economic Policies & Performance in India

90 4 2 6 100

* Every student will be required to select a topic of research for thesis in consultation with her

guide and prepare a synopsis along with a computer aided presentation. The student will be

awarded marks on the basis of evaluation of the synopsis and corresponding presentation by

the Departmental Research Committee (DRC).

Total credits:

30

Semester-II Total marks: 400

Contact Hrs. Per

Week Paper Code Title Per

Sem L C

Credit Max

marks

Compulsory papers

COM 241 Research Methodology-II 90 4 2 6 100

COM 242 Thesis** 240 16 12 100

COM 243 Viva voce# - - - 6 100

Elective Groups (Student will have to elect one of the following groups)

Accounting & Taxation Group

COM 244 A Cost Management 90 4 2 6 100

Business Studies Group

COM 244 B Human Resource Management 90 4 2 6 100

Financial Studies Group

COM 244 F International Finance 90 4 2 6 100

Industrial visit (Compulsory for all the students)

∞L = Classroom Lecture

@ C = Classroom interaction

** Thesis will be sent to external expert for evaluation. There will be no Internal assessment in

Thesis and Viva-voce.

# Viva voce will be conducted by a panel of experts comprising of one external expert, Head of

the corresponding department and Thesis Supervisor. The panel will evaluate the students on

the basis of thesis, presentation and elementary knowledge of the optional group papers opted

by the student.

The division of 100 marks allotted to each Theory paper shall be as follows:

Semester End Examination 70 Marks

Continuous Assessment 30 Marks

Eligibility: Students having completed M.Com. (ABST, Business Adm., EAFM or GPEM),

MIB, MHRM or MBA degree course with a minimum of 55% of marks in aggregate are

eligible for M.Phil. (Commerce) degree course.

INTERNATIONAL COLLEGE FOR GIRLS (AUTONOMOUS)

SFS GURUKUL MARG, MANSAROVAR, JAIPUR

DEPARTMENT OF COMMERCE

COURSE OF STUDY

AND

RELATED INFORMATION

on M.Phil. in Commerce

I Semester Examination November 2009

II Semester Examination April, 2010

Syllabus applicable for the students seeking admission to the M. Phil.

(Commerce) course in the academic year 2009-10

SEMESTER-I

Course: M.Phil. (Commerce) (Semester I)

Compulsory Paper- 1: Research Methodology-I

Code: (COM 141)

Total Number of Lectures Allocated: 90

Credit: 6 Time: 4 Lecture Hours/Week

2 Contact Hours/Week (for teacher interaction)

MM: 100

Unit –I Introduction to Research Methodology:

i. Meaning and definition of research, process of research, types of research (Basic

and Applied).

ii. Approaches to research: Positivist, Interpretive and Critical: basic assumptions.

12 Lecture Hours

Unit –II Planning of Research:

i. Research Design: Purpose of research and time dimensions based research design:

Explorative, Descriptive and Explanatory, Cross-sectional and Longitudinal

research studies.

ii. Sampling Techniques: Census and Sampling methods, Probability and Non-

Probability sampling procedures.

iii. Sample size determination.

12 Lecture Hours

Unit –III Measurement and Scaling Techniques:

i. Variables: Meaning, Types of Variables.

ii. Hypothesis: Meaning, Types and criteria of construction of hypothesis.

iii. Scaling Techniques: Purpose of Scaling Techniques, Types of scales: Nominal,

Ordinal, Interval and Ratio Scales.

12 Lecture Hours

Unit –IV Data Collection Techniques:

i. Questionnaire

ii. Schedule

iii. Interview

iv. Observations

v. Case Study

vi. Content Analysis.

12 Lecture Hours

Unit –V Data Processing and Data Analysis:

i. Classification and Tabulation

ii. Report Writing

iii. The elements of research project

12 Lecture Hours

Essential Readings: Kothari, C.R.(Second Edition) :- Research Methodology: Methods and Techniques,

Wishwa Publication, New Delhi.

Reference book: Badarkar, P.L. and Wilkinson, T.S.(2000): Methodology and Techniques of Social

Research, Himalaya Publishing House, Mumbai.

Bhatnagar, G.L.(1990): Research Methods and Measurements in Behavioural and Social

Sciences, Agri. Cole Publishing Academy, New Delhi.

Dwivedi, R.S.(1997): Research Methods in Behavioural Sciences, Macmillian India,

Delhi.

Agarwal, J.C.: Educational Research- An Introduction, Arya Book Depot, New Delhi.

Best, J.W.: Research in Education, Prentice Hall of India, New Delhi.

Chadra, S.S. and Sharma, R.K.: Research in Education, Atlantis Publishers, New Delhi.

Course : M.Phil. (Commerce) (Semester I)

Thesis (Synopsis and Presentation)

Code: (COM 142)

Credit: 6 Time Allotted: 90 hours

MM: 100

Every student will be required to select a topic of research for thesis in consultation with

her guide and prepare a synopsis along with a computer aided presentation. The student

will be awarded marks on the basis of evaluation of the synopsis and corresponding

presentation by the departmental research committee (DRC)

Course M.Phil (Commerce) Semester I

Compulsory Paper III Communication Skills

Code: COM 143

Total No. of Lectures allotted: 90 Hrs (4 hrs/week)

02 contact hrs per week(for teacher interaction)

MM: 100

Credit: 06

Needs of the Learners: 1. Presentations (Writing and Speaking)

2. Participation in Seminars/Conferences

3. Participation in Group Discussion

4. Writing Reports (for Academic Purposes, on Projects / Experiments, etc.)

5. Teaching.

Language-skills required:

1. Reading

2. Writing

3. Speaking

Unit I

Grammar 12 hrs

Conditionals

Relative Clauses

Subject – Verb Agreement

Passive Voice

Unit II

Written Communication – I 12 hrs

Discuss a topic of general interest, but related to commerce in about 300 words.

(Analyse, Comment, Argue, Reflect, Persuade, etc.)

(can also be used for an oral presentation, followed by discussion)

Unit III

Written Communication – II 12 hrs

Writing a Report on a project undertaken

Unit IV

Oral Communication I 12 hrs

(a) Consulting a dictionary for correct pronunciation (familiarity with Phonemic

Symbols and Stress-marks only) (9 hrs)

(b) Making a Presentation (Powerpoint) (3 hrs)

Unit V

Oral Communication – II 12 hrs

(a) Group Discussion (9 hrs)

(b) Interviews (3 hrs)

Text/References: 1. Advanced English Usage; Quirk & Greenbaum; Pearson Education.

2. Developing Communication Skills; Banerjee Meera & Mohan Krishna;

Macmillan Publications, 1990.

3. Business Communication; Chaturvedi, P.D.; Pearson Publications.

4. Business Communication; Mathew, M.J.; RBSA Publications, 2005.

5. Communication of Business; Taylor, Shirley; Pearson Publications.

Course: M. Phil. (Commerce) Sem-I

Communication Skills (Practical – Classroom teaching)

Code: COM 144

Credit: 2 Time allotted : 30 Hours.

This course is aimed at developing and grooming the presentation skills of the students.

Every student will be required to prepare (MS PowerPoint as well as OHP) presentations

and present the same in front of the subject teacher in the class.

ELECTIVE GROUPS

Students will have to elect two papers of one of the following

groups

1. Accounting and Taxation group 2. Business Studies group 3. Financial Studies group

Department of Accounting & Taxation

Course: M.Phil. (Commerce) (Semester-I)

Elective Paper- I: Techniques of Financial Analysis (Elective paper of Accounting & Taxation Group)

Code: (COM- 145 A)




MM: 100

Objective- Preparing the students with the conceptual and detailed knowledge and

technique of financial analysis

Unit I

Financial Statement Analysis: Introduction:, Meaning and Objective, Types of

Financial Analysis: Devices used in Analyzing Financial Statements: Comparative

Financial Statements, Comparative Balance Sheet, Comparative Income Statement

12 Lecture Hours

Unit II

Financial Statement Analysis:

Trend Percentages: Computation of Trend Percentages: Evaluation

12 Lecture Hours

Unit III

Financial Statement Analysis: Ratio Analysis: Meaning and Rationale, Basis of Comparison, Types of Ratios,

Importance and Limitation of Ratio Analysis

12 Lecture Hours

Unit IV

Statement of Changes in Financial Position

Funds Flow Analysis Introduction: Concept of Funds: Concept of Flow: Funds Flow Statement, The Need:

Managerial Uses: Limitations: Construction of the Funds Flow Statement:

12 Lecture Hours

Unit V

Statement of Changes in Financial Position:

Cash Flow Analysis: Introduction: Concept of Cash, Actual and Notional, Construction

of Cash Flow Statement: Use of Cash flow Analysis

12 Lecture Hours

Essential Readings • Management Accounting-Khan and Jain(Tata Mc Graw Hill)

• Financial Management and Policy-Walker and Baugh(Harper and Row)

• Management Accounting: S. K Singh( Sun India Publications)

Reference book: • Management Accounting-H.Chakraborty and S. Chakraborty(Oxfor University Press)

• Management Accounting and Financial Analysis-Dr S.N Maheshwari(S.Chand& Sons)

• Management Accounting- N. Vinayakkam & IB Sinha (Himalaya Publishing House)

• Advance Management Accounting-R.S Kaplan& A.A Atkinson (Prenti

• Financial Management-I.M Pandey (Vikas Pub House New Delhi)

• Corporate Financial Management -Basant Raj(Tata Mc Graw Hill)

Department of Accounting & Taxation

Course: M.Phil. (Commerce) (Semester-I)

Elective Paper- 2: Management of Working Capital (Elective paper of Accounting & Taxation Group)

Code: (COM- 146 A)




MM: 100

Objective- Preparing the students with the conceptual and detailed knowledge and

technique of managing working capital

Unit I

Working Capital Management An overview, concepts of working capital and its determinants, Risk Return Trade Off,

Working capital Trends in India 12 Lecture Hours

Unit II

Inventory Management

Need and objective, Holding Inventory, Inventory Management Techniques, Selective

Inventory control, Financial Manager’s Role in Inventory Management, Inventory

Turnover

12 Lecture Hours

Unit III

Management of Cash & Marketable Securities Facts of cash management, Cash planning, Investment in Marketable Securities, Cash

Flow Analysis.

12 Lecture Hours

Unit IV

Management of Receivables

Goals of Credit Management, Optimum Credit Policy, Aspects of Credit Policy, Debt

Collection Period. 12 Lecture Hours

Unit V

Negotiable Short Term Finance with Banks and working capital gap, Public Deposits as a

source of financial working capital. 12 Lecture Hours

Essential Readings

• Financial Management-I.M Pandey (Vikas Pub House New Delhi)

• Corporate Financial Management -Basant Raj(Tata Mc Graw Hill)

• Management Accounting-Khan and Jain(Tata Mc Graw Hill)

Reference book: • Financial Management and Policy-Walker and Baugh(Harper and Row)

• Management Accounting: S. K Singh( Sun India Publications)

• Management Accounting-H.Chakraborty and S. Chakraborty (Oxford University Press)

• Management Accounting and Financial Analysis-Dr S.N Maheshwari (S.Chand& Sons)

• Management Accounting- N. Vinayakkam & IB Sinha (Himalaya Publishing House)

• Advance Management Accounting-R.S Kaplan& A.A Atkinson (Prentice Hall India New Delhi)

Department of Business Studies


Elective Paper- 1: Marketing Management (Elective paper of Business Studies Group)

Code: (COM 145 B)




MM: 100

Unit-I 8 Lecture hours

Introduction: Definition, Importance, Scope of Marketing, Evolution of Marketing

concepts (Production concept, Product concept, Selling concept, Marketing concept,

Holistic marketing concept), Selling Vs. Marketing

Marketing mix: Definition, 4 Ps of Marketing

Contemporary issues in Marketing: Green Marketing, Social marketing, E-marketing.

Unit-II 14 Lecture hours

Product

Product concept, classification, levels of product, New product development process.

Product differentiation, importance, basis of differentiation

Product life cycle, Stages, Marketing strategies for different stages of Product Life Cycle.

Product line concept, product line policies, Standardization Vs adaptation.

Unit-III 12 Lecture hours

Price

Pricing: Meaning, pricing objectives, Process of setting price of a new product, methods

of pricing (Markup pricing, Target return pricing, Perceived value pricing, Value pricing,

Going rate pricing, Auction type pricing, group pricing), Price adaptation (Geographical

pricing, Price discounts and allowances, Promotional pricing, Differentiated pricing)

Unit-IV 14 Lecture hours

Promotion:

Promotion mix: Meaning, components

Advertising-Definition, advertising decision areas (5M model)

Sales Promotion- Meaning, tools of dealers and consumer promotion

Direct Marketing-Meaning, tools

Personal Selling- Meaning, process

Public relations- Meaning, tools & techniques.

Comparison between Advertising, Sales Promotion, Direct Marketing, Personal Selling,

Public relations.

Unit-V 12 Lecture hours

Physical distribution: Meaning, importance, functions of channel partners, Distribution

channel levels, factors influencing choice of distribution channel, Channel design

decisions, Channel management decisions, Vertical Marketing Systems, Horizontal

Marketing systems, Multi-channel Marketing systems, types and causes of channel

conflicts.

Essential Reading:

1. Kotler, Philip and Keller, Kevin Lane, Marketing Management, Pearson Education

(Singapore) Pte. Ltd., Delhi, 12th

ed.

2. Varshney, R. L. and Gupta, S. L., Marketing Management: Text and Cases-An Indian

Perspective, Sultan Chand & Sons, New Delhi, 2005, 3rd

ed.

3. Ramaswamy, V.S. and Namakumari, S, Marketing Management: Planning

Implementation and Control, Delhi: Macmillan India Ltd., 3rd

ed.

4. Kothari, Rakesh; Mehta, Anil and Sharma, Ashok, Marketing Management¸ Ramesh

Book Depot, Jaipur

5. Panda, Tapan K., Marketing Management: Text and Cases Indian Context, Excel

Books Pvt. Ltd., New Delhi, 2nd

edition.

Reference books:

1. Saxena. Rajan, Marketing Management, Tata McGraw-Hill Publishing Co. Ltd., New

Delhi, 7th

ed.

2. Sherlekar, S., Marketing Management, Himalaya Publishing House, Mumbai, 2006,

13th

ed.

3. Gandhi, J. C., Marketing Management –An Introduction, Tata Mc-Graw Hill

Publishing Co. Ltd., New Delhi, 1995.

4. Stanton, William, J. Fundamentals of Marketing, New York, McGraw Hill, 1994

5. Kotler, Philip and Armstrong, Principles of Marketing, Prentice Hall of India, New

Delhi, 1997.



Elective Paper- 2: Consumer Behaviour (Elective paper of Business Studies Group)

Code: (COM 146 B)




MM: 100

Unit-I 12 Lecture Hours

Introduction: Definition, Importance, Scope, Ethics in marketing, Concept of

relationship marketing, 7Os of consumer behaviour study.

Consumer research: Consumer research process, Research methods and tools.

Market segmentation: Definition, Importance, Bases of segmentation, Segmentation

strategies.

Consumer needs and motivation: Concept of Need, wants and demand, Motivation-

meaning, nature, motives, types of motivation, Motivation process

Unit-II 12 Lecture Hours

Personality: Definition, Theories of personality (Freudian theory, Neo-Freudian

personality theory, Trait theory)

Perception: Meaning, Exposure, Attention, Interpretation

Learning: Meaning, Behavioural learning theories, Cognitive learning theories,

developing brand loyalty and brand equity.

Unit-III 12 Lecture Hours

Reference Group: Meaning, types, applied aspect of reference group concept, Word of

mouth communication, Opinion leadership

Family: Concept, functions, roles of different members of family in buying, Family Life

Cycle.

Social class: Meaning, Social class categories, measurement parameters, mobility in

social class, applied aspect of study of social class.

Unit-IV 12 Lecture Hours

Culture: Meaning, characteristics, measurement, Subculture concept and categorization.

Individual decision making: Model of consumer buying decision, Levels of Consumer

decision making,

Unit-V 12 Lecture Hours

Applications of consumer behaviour study: Health care marketing, Political marketing,

Marketing of social causes, Environmental marketing.

Deceptive advertising, Consumer education, Advertising Standards Council of India

(ASCI) and its objectives.

Essential reading:

1. Schiffman, Leon G., and Kanuk, Leslie Lazar, Consumer behaviour, Prentice Hall of

India Private Limited, New Delhi

2. Solomon, Michael R., Consumer behavior: Buying, Having and Being, Delhi,

Pearson Education (Singapore) Pte. Ltd., Indian branch, 2003, 5th

ed.

Reference book:

1. Loudon, David L. and Bitta, Albert J. Della, Consumer behavior, New Delhi, Tata

McGraw-Hill Publishing Company Limited, 2002, Fourth ed.

2. Nair, Suja R., Consumer behaviour – Text Cases, Himalaya Publishing House,

Mumbai, 2006, 7th

ed.

3. Chunawalla, S. A., Commentary on Consumer Behaviour, Himalaya Publishing

House, Mumbai, 2005, 3rd

ed.

Department of Financial Studies


Elective Paper- 1: Management of Financial Institutions in India (Elective paper of Financial Studies Group)

Code: (COM 145 F)




MM: 100

Unit I 12 Lecture hours

Indian Financial Institutions- Meaning and Structure.

Banking System in India- Evolution, Development of Banking, Classification and

Nationalization of Banks in India.


Reserve Bank of India- Management and Administration, Functions, Credit Control

measures, RRBs and NABARD.

Banking Regulation Act 1949


Recent Trends in Indian Banking- ATM, Credit Cards, Phone Banking, Banknet,

Deposit Insurance Scheme, Debit cards.

E- Banking- Meaning, Significance, Features and Instruments


Financial Services- Introduction, Scope, Causes of Financial Innovations, New Financial

Services and challenges.


Types of Financial Services- Leasing, Hire- Purchase, Mutual Funds.

Essential reading-

1. P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi

2. B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited

3. Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New

Delhi.

4. Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New

Delhi

Reference books:

1. Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi

2. Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay

3. Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions”

Himalaya Publishing House, New Delhi

4. Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi

5. Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.

6. Ghosh, D ., Banking Policy in India, Allied Publications, Delhi



Elective Paper- 2: Economic Policies & Performance in India (Elective paper of Financial Studies Group)

Code: (COM 146 F)




MM: 100


Economic Environment- Meaning, Factors, Features. Basic Structure of Indian

Economy, India’s position in world economy.


Economic Policy- Meaning, Objectives, Dimensions, India’s Agriculture policy,

Industrial policy, EXIM policy, Fiscal policy.

Unit-III

Economic Planning- Meaning, Importance, Objectives, Techniques, India’s Five Year

Plans (X and IX).


Public Sector in India- Role, Importance and its problem. Liberalization and

Privatization in Indian Economy.


Foreign Trade of India- Volume, Composition, Direction and Export Promotion.

Indian Economic Problems- Poverty and Unemployment.

Essential Reading: 1. Sundaram & Dutt, “Indian Economy”, S Chand & Sons ,New Delhi

2. Gupta & swami, “Rural Development & Co-operation”, RBD publications, Jaipur-

New Delhi

Reference Books:

1. Desai Vasant, “Study of Rural Economics” Himalaya Publication, New Delhi

2. Agarwal. A.N, “Indian Economy”, New India International Ltd , Chennai

3. Swami &Gupta ,“Economic Environment in India” ,RBD,Jaipur

4. Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur

SEMESTER II

Course: M.Phil. (Commerce) (Semester II)

Compulsory Paper- 1: Research Methodology-II

Code: (COM 241)




MM: 100

Unit I Statistics- Meaning, Importance, Limitations, Classifications and Tabulation of data,

discrete and continous variables. Frequency Distributions and Cumulative frequency

distribution, Diagrammatic(one- dimensional and two- dimensional) and Graphical

presentation of data( Histogram, Frequency Polygon, Frequency curve and ogives)

Measure of Central Tendency- Mean, Median and Mode, their properties, merits and

demerits.

Measure of Dispersion- Range, Quartile Deviation, Mean Deviation and standard

deviation, coffecient of variation. Moments, Skewness and Kurtosis (their absolute and

relative measures)

Unit II 12 Lecture Hours

The formal and empirical concept of Probability. Idea of Binomial distribution, Poisson

Distribution. Properties of Normal Probability Curve and its applications.

Correlation Analysis- Definition and concept, types and measures of studying

correlation (Karl Pearson’s coefficient of correlation, its assumptions, properties, merits

and demerits, Spearman’s Rank correlation coefficient)

Regression Analysis- Definition, concept, uses and properties. Least Square Methods,

Regression Coefficients, Fitting of Regression lines.

Unit III 12 Lecture Hours

Sampling Distribution and Standard Error. Element of Testing a Statistical Hypothesis-

Formulation of the problem, Types of errors . Level of significance, large sample test for

proportions, single mean and difference in two means. Small sample test- Application of

Student’s t- test for small sample for single mean, difference in two means ( independent

and paired-t). Chi-square test for population variance.

Unit IV 12 Lecture Hours

Non-Parametric Test- Sign, Median, Run Test and Chi-Square Test ( as goodness of fit,

independence of attributes using 2x2 and rxc contingency tables).

Unit V Analysis of Variance- One-way and two-way classification

Design of Experiment- Basic ideas, Completely Randomised Design, Randomised Block

Design, Latin Square Design.

12 Lecture hours

Essential readings:

1. Simpson and Kafka: Basic Statistics, Oxford and IBH Publishers.

2. Goon, Gupta and Das: Fundamentals of Statistics Vol. I and II.

3. Snedecor and Cochran: Statistical Methods, Oxford and IBH Publishers.

4. Shukla,M.C. and Gulshan S.S.: Statistics Theory and Practice, Sultan Chand and

Company, New Delhi.

Reference books:

1. Gupta, S.P.: Statistical Methods, Sultan Chand and Company, New Delhi.

2. Gupta, S.C. and Kapoor V.K.: Fundamental of Mathematical Statistics, Sultan Chand

and Company, New Delhi

.


Thesis

Code: (COM 242)

Credit : 12 Time allotted : 240 Hours

M. M. : 100

Thesis will be sent to external expert for evaluation. There will be no

internal assessment in Thesis and viva voce.


Viva voce

Code: (COM 243)

Credit : 6 M. M. : 100

Viva voce will be conducted by a panel of experts comprising of one

external expert, Head of the corresponding department and thesis supervisor.

This panel will evaluate the student on the basis of thesis, presentation and

elementary knowledge of the option group papers opted by the students.

ELECTIVE GROUPS

Students will have to elect two papers of one of the following

groups:

1. Accounting and Taxation group 2. Business Studies group 3. Financial Studies group

Department of Accounting& Taxation

Course: M.Phil. (Commerce) Semester II

Elective Paper: Cost Management (Elective paper of Accounting & Taxation Group)

Code: (COM 244 A)




MM: 100

Objective- To give detailed knowledge and techniques, which are used to manage the

cost of various companies.

Unit I

Concept and Type of Cost:

Concept of cost, expenses and losses, Direct and Indirect Cost, Variable and Fixed Cost,

Controllable and Non Controllable Cost, Production Cost and Period Cost, Traceable and

Untraceable cost, Research Cost, Development Cost, Conversion Cost, Pre Production

Cost, Cost Reduction and Cost Control, Shut Down and Sunk Cost, Out of Pocket Cost,

Imputed or Hypothetical Cost, Avoidable and Unavoidable Cost, Relevant and Irrelevant

Cost

12 Lecture hours

Unit II

Personnel Cost Analysis:

Payment of Salaries, Compensation and Bonus to Employees and Managerial Personnel,

Compensation to Foreign technicians, Profit sharing plans to executives, Cost Analysis

for such areas as labour and executive turnover, Recruitment training and development,

Employee Welfare and Fringe Benefits, Overtime Cost Analysis for committee

management.

12 Lecture hours

Unit III

Budgetary Control System: Performance Report, Analysis of Budget variance, Revision of Budgets, Budget follow

up, Budget Audit, Neo-tric trends in Budgetary Control, Zero Base Budgeting,

Programme Budgeting,Performance Budgeting, Rolling System, Preparation of

Functional and Master Budget, Determination of Budget Allowance.

12 Lecture hours

Unit IV

Costing and Pricing Decisions: Terms relevant to pricing: Uniform pricing, Dual pricing, retention pricing, zonal price

system, Leader pricing, Differential pricing skimming pricing & shadow pricing, Pricing

Techniques, Transfer pricing comparative analysis. Economist’s and Accountant’s view

of transfer pricing, Methods of transfer pricing under intermediate imperfect market.

12 Lecture hours

Unit V

Differential Costing and Short Term Decision Making: Marginal Costing Concepts,

Construction of different types of B.E Charts. Price indifference point, Cost Indifference

Point. Decision involving (a) Sell or process further (b) Make or Buy (c) Retain or

Replace (d) Elimination of unprofitable segments (e) To shift down facilities (f) Changes

vs status quo (g) Adding a new product line (h) Decision making under limiting factor (i)

Acceptance of Offer

12 Lecture hours

Essential Readings

Costing: M.L Basu

Differential Cost and Management Decisions: Harrison

Managerial Cost Accounting and Analysis: Nickerson

Reference book:

Cost Accounting A Managerial Emphasis: Charles T Horngren

Cost Accounting for Management: Terill & Pattrick

Advanced Cost Accounting and Cost Control: Oswal, Maheshwari, Modi


Course: M.Phil. (Commerce) Semester II

Elective Paper: Human Resource Management (Elective paper of Business Studies Group)

Code: (COM 244 B)




MM: 100

Unit-I 7 Lecture hours Human Resource Management: Concept, Functions of HRM, Importance, Objectives, Policies.

Difference between HRM and personnel management.

Human Resource Environment-Meaning, Importance, Types -Internal and external

Environment that effect HRM Programmes

Unit-II 13 Lecture hours Human resources Planning: Concept, Importance Process of human resource planning,

Quantitative and Qualitative aspect of human resource planning, Levels of HRP, Limitations of

HRP.

Job Analysis -Meaning, Benefits, Process, techniques

Job design-Meaning, approaches, methods of job design.

Recruitment: Concept, Importance, Objectives,

Sources of recruitment –internal and external recruitment. HR recruitment practices in India.

Unit-III 14 Lecture hours Selection-Meaning, Importance, Selection criteria ,Steps in selection process, Selection tools

Placement and Induction

Training & Development: Meaning, Importance, benefits, types, process, methods of executive

development, Evaluation, Training need assessment.

Career Planning : Concept, Process of career planning, career counseling, limitations

Performance Appraisal-Meaning, Objectives, Importance, Process of performance appraisal,

techniques of performance appraisal

Unit-IV 16 Lecture hours Conceptual knowledge of job changes-transfers, promotions and demotions.

Job Evaluation-Meaning, Objectives, Process of job evaluation, Scope and methods of Job

Evaluation

Compensation- Meaning, types of compensation-basic (essentials of a sound wage and salary

administration, methods of basic compensation), supplementary compensation.

Work Environment-Meaning, Nature, Importance and types, Fatigue, Monotony, Boredom

(brief knowledge only)

Discipline and Grievance-Meaning, Types, Causes, Hot-stove rule, Grievance redressal

procedure.

Morale-Meaning, importance, factors and impact of morale on productivity.

Unit-V 10 Lecture hours Emerging horizons in HRM.

HRM strategies for the new millennium-Human capital, mentoring, 360 degree appraisal

technique, TQM and Top-Quality Circles, Kaizen (a brief knowledge)

E –HRM recruitment techniques (e recruitment selection development training)

*Case studies related to entire topics are to be taught.

Books Recommended:

Essential Readings: 1. Aswathappa K “Human Resource and Personnel Management”. Tata Mc Graw Hill, New

Delhi.3rd

edition

2. Gupta C B , “ Human Resource Management”, Sultan Chand and Sons, New Delhi.

3. V S P Rao- “ Human Resource Management-Text and Cases”, Excel Publications, New

Delhi, 2nd

edition

Reference Books:

1. Bhatia S K & Singh Nirmal, “Principles and Techniques of Personnel Management and

Human Resource Management”, Deep & Deep Publications, New Delhi.

2. Garry Dessler “Human Resource Management” Prentice Hall of India, New Delhi.7th edition



Elective Paper-: International Finance (Elective paper of Financial Studies Group)

Code: (COM 244 F)




MM: 100


International finance- Meaning, Scope, Importance, Methods of International Payment,

Sources of International Finance, Problems, Measures to solve problems.


International Monetary System- Bretton Woods Coference & Post Bretton Wood

agreements and managed floating system.

Balance of Payment- Concept, Components, Equilibrium in BOP, Measures to correct

disequilibrium, Recent trends


Foreign Exchange Market- Meaning, Determination of Exchange Rate, theories of

Exchange Rate- PPP theory, Balance of Payment theory. Types of Exchange Rate.


Exchange Control- Meaning, Features, Objectives, Methods, Merits & Demerits,

Exchange control in India and Foreign Exchange Reserves in India.


Foreign Exchange Transactions- Introduction, Exchange Rate Quotations & Methods

of Quotations, Spot & Forward Exchange, Futures, Options and Arbitrage..

Essential Reading:

1. Avadhani,V.A, “International Finance, Theory and Practice”, Himalaya Publishing

Company, New Delhi.

2. S.K. Mathur, “International Trade and Finance”, Shivam Book House, Jaipur.

3. Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing

Company Limited, new Delhi

4. Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing

Company Limited, new Delhi

5. Buckley, Adrian, “Multinational Finance, Prentice Hall of India”, New Delhi.

6. Eitman, O.K. and A.I Stenehill, “ Multinational Business Cash Finance”, Addison

Weslay, Massachusetts

7. Henning, C.N., Piggot, W. and Scott, W.H, “International Financial Management”,

McGraw Hill, Int. Ed. New York.

8. Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.

9. Rodriqufe, R.M. and E.E Carter, “ International Financial Management”, Prentice

Hall of India, Delhi.

Reference Books:

1. Shaprio, A.C: Multinational Financial Management, Prentice Hall of India, New

Delhi...

2. Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.

3. Wood, D. and J Byrne: International Business Finance, Macmillan, New York.

4. Zeneff, D. and J Zwick, “International Financial Management”, Prentice Hall, Int. Ed.

New York.

5. Sodersten B, “International Economics”, Macmillan, London.

6. Dominick, “ International Economics”, Macmillan Publication Company, New York.

7. Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing

House, Mumbai

8. Seth M.L.,” Money, Bankong, international Trade and Public finance”, Lakshmi

Narain Agarwal Educational Publisher, Agra.

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