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Hosur RoadBangalore-560029

Syllabus for B.ComFinance and Accountancy

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COURSE STRUCTURE & SYLLABUSB.Com (Finance and Accountancy) of Christ University

Department of Professional Studies

SEM REFCODE

PAPERCODE

TITLE OF THE PAPER HOURSPERWEEK

MAXIMUMMARKS

CREDITS

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ENG 131 LANGUAGE: ENGLISH 04 100 3LAN 131 LANGUAGE:

KANNADA/ADDITIONAL ENGLISH/ HINDI

04 100 3

COC 131 FINANCIAL ACCOUNTING - I 04 100 3COC 132 BUSINESS STATISTICS 04 100 3COC 133 BUSINESS LAW 04 100 3COC 134 MICRO ECONOMICS 04 100 3COC 111 HOLISTIC EDUCATION

DEVELOPMENT - I02 50 1

TOTAL 26 650 19

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ENG 231 LANGUAGE: ENGLISH 04 100 3LAN 231 LANGUAGE: KANNADA/

ADDITIONAL ENGLISH / HINDI04 100 3

COC 231 MACRO ECONOMICS 04 100 3COC 232 FINANCIAL ACCOUNTING – II 04 100 3COC 233 BUSINESS MATHS 04 100 3COC 234 MARKETING MANAGEMENT 04 100 3COC 235 BUSINESS MANAGEMENT 04 100 3COC 211 HOLISTIC EDUCATION

DEVELOPMENT - II02 50 1

TOTAL 30 750 22

LAN 331 LANGUAGE: ENGLISH 04 100 3

III

LAN 332 LANGUAGE: KANNADA/ADDITIONAL ENGLISH / HINDI

04 100 3

COC 331 AUDITING-1 04 100 3COC 332 FINANCIAL MANAGEMENT 1 04 100 3COC 333 BUSINESS COMMUNICATION ,

POLITICS, ETHICS & SOCIALRESPONSIBILITY OF BUSINESS

04 100 3

COC 334 MANAGEMENT ACCOUNTING 04 100 3COC 311 HOLISTIC EDUCATION

DEVELOPMENT - III02 50 1

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TOTAL 26 650 19

COC 431 COSTING -II 04 100 3

IVLAN 431 LANGUAGE: (including

Communication)KANNADA/ADDITIONAL ENGLISH/ HINDI

04 100 3

COC 432 CORPORATE ACCOUNTING 04 100 3COC 433 CORPORATE LAW 04 100 3COC 434 BUSINESS ENVIRONMENT AND

ENTREPRENEURSHIP04 100 3

COC 435 ORGANIZATIONAL BEHAVIOR 04 100 2COC 411 HOLISTIC EDUCATION

DEVELOPMENT - IV02 50 1

TOTAL28 650 18

COC 531 BANKING 04 100 3COC 532 INCOME TAX - I 04 100 3COC 533 INVESTMENT MANAGEMENT 04 100 3

VCOC 535 FINANCIAL MANAGEMENT II 04 100 3COC 536 ADVANCED FINANCIAL

ACCOUNTING I04 100 3

COC 537 AUDITING II 04 100 3TALLY 511 SKILL DEVELOPMENT-

ACCOUNTING SOFTWARECERTIFICATION (30 HRS)

02 50 2

TOTAL 26 650 20

COC 631 ADVANCED FINANCIALACCOUNTING II

04 100 3

COC 632 HUMAN RESOURCEMANAGEMENT

04 100 3

COC 633 International Business &Politics of Globalization

04 100 3

VI COC 634 Corporate Tax Planning , FinancialMarkets, Institutions andFinancial Services

04 100 3

COC 635 PRINCIPLES OF INSURANCE 02 50 1

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COC 636 RESEARCH PROJECT (TEAMWORK)/ VIVA

04 100 2

COC 611 INDUSTRY TRAINING REPORT(TEAM WORK)

02 50 1

COC 612 ENVIRONMENTAL MANAGEMENT 02 50 1TOTAL 26 650 17GRAND TOTAL 3950 114

DETAILED SYLLABUS:Note: Detailed Syllabus is given for Semester I , II, III, IV

For rest of the Semesters abridged Syllabus is given. Detailed Syllabus will be placed forapproval in the next BOS on recognition of the New Course. Syllabus for English andother Languages will be the same as for B.Com Regular, as already approved.

THE COURESE IS EXCLUSIVELY FOR THOSE STUDENTS PURSING CACOURSE.

The CA students find most of the syllabi similar to their CPT and ICCE programs.

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COC 131 FINANCIAL ACCOUNTING - I

OBJECTIVE:The objective of this course is to acquaint students with the accounting concepts,tools and techniques and preparation of accounts for certain businesses.LEVEL OF KNOWLEDGEWorking KnowledgeUNIT: 1: FUNDAMENTALS (REVISION): 03hoursAccounting Concepts, Accounting Standards and Accounting Policies – introduction andprinciple of disclosure.UNIT: 2:TRIAL BALANCE & BANK RECONCILIATION: (REVISION) 04 hoursMeaning - Errors in Trial Balance – Rectification journal entries- Suspense account.Bank Reconciliation statements- advanced problems.UNIT: 3: BILLS OF EXCHANGE: (REVISION) 04 hoursRecording of Bills discounted, endorsed and dishonored in the books of the drawerand drawee.UNIT: 4: CONSIGNMENT & JOINT VENTURE ACCOUNTS: 08hoursFinal accounts in the books consignor and consignee –commission calculation,Valuation of stock- Joint Venture Account and Memorandum Joint Venture Account.UNIT: 5:SELF BALANCING LEDGERS: 5 hoursMeaning-advantages-sectional balancing-Bought Ledger, Sales Ledger, GeneralLedger

UNIT: 6: PREPARATION OF FINAL ACCOUNTS FROM SINGLE ENTRY: 8 hours.Conversion from Single Entry to Double Entry, Balance Sheet –AdvancedProblems.UNIT-7: ACCOUNTS OF NON-TRADING ORGANISATIONS: 10 hoursCapital and revenue – Receipts and Payments account; Income & Expenditureaccount; preparation of one from the other-Balance Sheet. Advanced Problems.UNIT: 8: INSURANCE CLAIMS: 06 hoursCalculation of claims for loss of stock & Loss of Profit; Average Clause, Abnormalitems.UNIT: 9: HIRE PURCHASE & INSTALMENT SYSTEMS: 12 hoursIntroduction – Meaning – Hire Purchase Act 1972 – Important Definitions – HirePurchase Agreement- Hire Purchase Price – Cash Price, Hire Purchase Charges, NetHire Purchase Price – Net Cash Price – Net Hire Purchase – Important Provisions –Right of the hirer to purchase with rebate –Termination of the agreement – Rights ofthe owner on termination - Calculation of interest when both the cash price and therate of interest are given – calculation of interest when cash price is given but rate ofinterest is not given – calculation of interest when both the cash price and the rate ofinterest are not given – calculation of cash price – calculation of amount ofinstallment – use of annuity value to find cash price – Journal entries and Ledgeraccounts in the books of Hire Purchaser and Hire vendor under Asset Accrualmethod. INSTALMENT PURCHASE METHOD

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Introduction – Meaning – Difference between Hire Purchase and InstallmentPurchase system – Treatment of Interest Suspense Account - Journal entries andLedger account in the books of both parties.SKILL DEVELOPMENT● Collection and recording of information relating to Insurance Claims for loss of

stock..● Collection and recording of Hire Purchase Agreement.● Prepare a joint venture scheme for any limited time business and draw the accounts

with assumed figures.● Prepare an Account Sales as done by a Consignee with imaginary details.● Draw out various details pertaining to a school, hospital and a community club.

BOOKS FOR REFERENCE:1. Dr. S.N. Maheswari, Financial Accounting2. Grewal and Shukla, Advanced Accounting3. P.C. Tulasian, Pearson Editions, Introduction to Accounting4. Jain & Narang. Financial Accounting5. Accounting Standards - Institute of Chartered Accountants of India

External Experts

1. Mr. A.G. Krishanan CA, CS, ICWA

2. Dr Poornima Maheshwari

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COC 132 Business Statistics

Objective:The objective of this course is to familiarize students with the basic statistical tools usedtosummarize and analyze quantitative information for decision making.Expected Learning Outcomes:The student is expected to be equipped with the tools of processing and description ofstatistical data. In addition, the student would develop competence to use computer forstatistical calculations especially for comparatively large-sized problems.

Unit 1

Statistical Data and Descriptive Statistics1.1 Types of statistical data, Preparation of frequency distributions and their graphicpresentation including histogram, frequency polygon, frequency curve and ogives.3 Lectures1.2 Measures of Central Tendencya) Mathematical averages including arithmetic mean, geometric mean and harmonicmean. Properties and applications.b) Positional AveragesModeMedian (and other partition values including quartiles, deciles, and percentiles).11 Lectures1.3 Measures of Variation: absolute and relative.Range, quartile deviation, mean deviation, standard deviation, and their co-efficients,Properties of standard deviation/variance.3 Lectures1.4 Moments: calculation (including Sheppard’s corrections) and significance. Skewness,Kurtosis and Moments. 6 LecturesUnit 2 (Nos. of Lectures: 18)Probability, Probability Distributions and Decision Theory2.1 Theory of Probability. Approaches to the calculation of probability 2 Lectures2.2 Calculation of event probabilities. Addition and multiplication laws of probability.3 Lectures2.3 Conditional probability and Bayes’ Theorem. Expectation and variance of a randomvariable. 3 Lectures2.4 Probability distributions: Binomial, Poisson and Normal. 5 Lectures2.5 The decision environment. Pay-off and regret matrices. Criteria of decision-making:Laplace, Maximin/Minimax, Maximax/Minimin, Savage; and Expectation. (ExcludingBayesian analysis)EVPI and its calculation. 3 Lectures2.6 Decision Trees. 2 LecturesUnit 3 (No. of Lectures:10)Simple Correlation and Regression Analysis3.1 Correlation Analysis. Meaning of Correlation: simple, multiple and partial; linear and

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non-linear. Causation and correlation. Scatter diagram. Pearson’s co-efficient ofcorrelation:calculation and properties (proofs not required). Probable and standard errors. RankCorrelation. 5 Lectures3.2 Regression Analysis. Principle of least squares and regression lines. Regressionequationsand estimation. Standard Error of Estimates. 5 LecturesUnit 4Index Numbers (No. of Lectures: 12)4.1 Meaning and uses of index numbers. Construction of index numbers: fixed and chainbase; univariate and composite. Aggregative and average of relatives – simple andweighted.5 Lectures4.2 Tests of adequacy of index numbers. Base shifting, splicing and deflating. Problemsinthe construction of index numbers. 3 Lectures4.3 Construction of consumer price indices. Important share price indices including BSESENSEX and NSE NIFTY. 4 LecturesUnit 5Time Series Analysis (No. of Lectures: 12)5.1 Components of time series. Additive and multiplicative models. 2 Lectures5.2 Trend analysis. Fitting of trend line using principle of least squares – linear, seconddegree parabola and exponential. Conversion of annual linear trend equation toquarterly/monthly basis and vice-versa. Moving averages. 6 Lectures5.3 Seasonal variations- calculation and uses. Simple averages, ratio-to-trend, ratio-tomoving averages and link-relatives methods. 4 Lectures

Suggested Readings:1. Levin, Richard and David S. Rubin, ‘‘Statistics for Management’’, 7th

Edition, Prentice Hall of India.2. Siegel, Andrew F., ‘‘Practical Business Statistics’’, International Edition (4th

Ed.), Irwin McGraw Hill.3. Berenson and Levine, ‘‘Basic Business Statistics: Concepts andApplications’’, Prentice Hall.4. Frank , Harry and Steven C. Althoen, ‘‘Statistics: Concepts andApplications’’, Cambride Low-priced Editions, 1995.5. Spiegel M.D., ‘‘Theory and Problems of Statistics’’, Schaum’s OutlinesSeries, McGraw Hill Publishing Co.6. Gupta, S.P., and Archana Gupta, ‘‘Statistical Methods’’, Sultan Chand andSons, New Delhi.7. Dhingra, I.C., and M.P. Gupta, ‘‘Lectures in Business Statistics’’, SultanChand.8. Gupta, S.C., ‘‘Fundamentals of Statistics’’, Himalaya Publishing House.

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COC 133BUSINESS LAW

OBJECTIVE:To impart essential knowledge about relevant laws concerning and affecting businessOrganizations in operation, including industrial law.To familiarize the student with certain statutes that may apply in the context.LEVEL OF KNOWLEDGE:Working Knowledge in respect of Units 1 to 4 and Conceptual & Basic Knowledge inrespect of Units 5 to 7. Case Law citations only for better explanation.Source: The relevant Acts – as amended up to date, texts and case laws.(Amendments pertaining to the syllabus, up to last six months prior to the end semesterexamination would apply).UNIT – 1. INDIAN CONTRACT ACT, 1872: (14 HOURS)Definition – Agreement, Contract, Proposal, Promise: Types of Contracts, Essential

elements of a Valid Contract: Offer and essential of valid offers: Acceptance andessentials of Acceptance: Communication of Offer and Acceptance: Revocation ofOffer and Acceptance: Consideration and Essentials of Consideration: Exception tothe concept – No Consideration no Contract: Contractual Capacity Effects of Minors,Persons of Unsound mind, Persons disqualified from contracting by any other law:Free Consent, Coercion, Undue Influence,.Fraud,Misrepresentation,Mistake.Legalityof Object and Consideration. Contingent Contract and Essentials of ContingentContract: Performance of Contract. Discharge of Contract - By Agreement, ByOperation of law, By Breach, By Performance, By Impossibility, By Lapse of time.Wagering Agreement and Quasi Contract. Breach of Contract and Remedies forBreach of Contract.UNIT – 2. SALE OF GOODS ACT, 1930. (9 HOURS)Definitions.: Buyer and Seller, Goods / Existing Goods / Future Goods / SpecificGoods, Document of Title to goods, Mercantile Agent. Contract of Sale andEssentials of Contract of Sale; Sale and Agreement to Sell; Price and mode of fixingof Price; Conditions and Warranties Essentials of Conditions and Warranties;Caveat Emptor and Exceptions to the Rule of Caveat Emptor; Transfer ofOwnership and Rules regarding Passing of Property; Sale by Non – Owners;Unpaid Seller and Rights of Unpaid Seller; Rights of a buyer.UNIT – 3. THE PARTNERSHIP ACT, 1932:(6 HOURS)Definitions: Partnership, Partner, Firm. Essential elements of Partnership Firm;Types of Partners; Minors Position in Partnership; Rights of Partners; Duties ofPartners; Liability of Partners; Limited Liability Partnership Bill 2006. (Briefinformation about)UNIT – 4 THE COMPETITION ACT, 2002 (8 HOURS)Object of the Act.; Competition Act Vs The Monopolistic Restrictive TradePractices Act, Transition stage.; Definitions: Acquisition, Agreement, Cartel,Commission, Consumer, Enterprise, Price, Relevant, market Trade ,Turnover’Prohibition of certain agreements, abuse of dominant position and regulation ofcombinations; Establishments of Competition Commission; Duties Powers andFunctions of Commission.UNIT – 5. THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999. (4 HOURS)

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Object, Definitions: Adjudicating Authority, Authorized Person, Capital AccountTransaction, Current Account Transaction, Currency, Currency Notes, ForeignCurrency Foreign Exchange, Person Resident In India Person Resident outsideIndia.Current Account Transactions – Compliances - Government of India Rules,Prohibited List, matters which requires approval from Government of India and/orRBI, ComplianceCapital Account Transactions - Compliances - Permissible Transactions by Personsresident outside India. Prohibition on Investment Outside India of Capital AccountTransaction,

UNIT-6.INDUSTRIAL LAW (10hours)The Industrial Disputes Act, 1947; The Payment of Wages Act, 1936; Workmen’s

Compensation Act, 1923

UNIT-7 Information Technology Act 2000 (10 Lectures)(a) Definitions 3 lectures(b) Digital signature 1 lecture(c) Electronic governance 2 lectures(d) Attribution, acknowledgement and dispatch of electronic records.2 lectures(e) Regulation of certifying authorities 3 lectures(f) Digital signatures certificates 2lectures(g) Duties of subscribers 1 lectures(h) Penalties and adjudication 1 lectures(i) Appellate Tribunal 3 lectures(j) Offences 2 lectures

SKILL DEVELOPMENT:1.Draft simple contract for supply of goods, renting a godown etc showing the

essential elements.2.Prepare a contract of guarantee.3.Prepare a partnership deed for an imaginary business.4.Discuss the trade practices of FMCG companies and assess its validity under theCompetition Act5. Discuss an Industrial Dispute

BUSINESS & INDUSTRIAL LAW

BOOKS FOR REFERENCE:1.Mercantile Law - Avatar Singh2.Elements of Mercantile Law – N.D.Kapoor3. Industrial Law -P.L. Malik4.Relevant Bare Acts.5. Singh, Avtar, “The Principles of Mercantile Law” , Eastern Book Company,

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Lucknow.6. Maheshwari & Maheshwari, “Business Law” , National Publishing House, NewDelhi.7. Kapoor, N. D., “Business Law” , Sultan Chand & Sons, New Delhi.8. Chadha, P. R., “Business Law” Galgotia Publishing Company, New

External Experts

1. Dr Poornima Maheshwari

2. Dr Jacob Varghese

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COC 134 MICROECONOMIC THEORY AND APPLICATIONS –I

Objective : Objective of the course is to acquaint the students with the concepts ofmicroeconomics dealing with consumer behaviour. The course also makes the studentunderstand the supply side of the market through the production and cost behaviour offirms.Learning Outcomes: The students would be able to apply tools of consumer behaviourandfirm theory to business situations.

COURSE CONTENTSUnit-I1. The concept of demand and the elasticity of demand and supply: Demand curves:individual’s demand curve, market demand curve. Movements along versus shifts inthe demand curve. Elasticity of demand: price, income and cross. Concept of revenue:Marginal and Average; Revenue and elasticity of demand.11 lecturesUnit-II2. Consumer Behaviour: Notion of indifference and preference. Indifference curveanalysis of consumer behaviour; Consumer’s equilibrium (necessary and sufficientconditions). Price elasticity and price consumption curve, income consumption curveand Engel curve, price change and income and substitution effects. Consumer surplus.Indifference curves as an analytical tool (cash subsidy Vs kind subsidy). RevealedPreference.22 lecturesUnit-III3. Production: Fixed and variable inputs, production function, total, average andmarginal products, law of variable proportions. Linear homogeneous productionfunction. Production isoquants, marginal rate of technical substitution, economicregion of production, optimal combination of resources, the expansion path, isoclines,returns to scale.10 lecturesUnit-IV4. Cost of Production: Social and private costs of production, difference betweeneconomic and accounting costs, long run and short run costs of production.Economies and diseconomies of scale and the shape of the long run average cost.Learning curve10 lecturesUnit-V5. Perfect Competition: Assumptions, price and output decisions. Equilibrium of thefirm and the industry in the short and the long runs, including industry’s long runsupply, difference between accounting and economic profits, producer surplus.Stability analysis – Walrasian and Marshallian. Demand -supply analysis.22 lecturesSuggested Readings:1. Pyndyck, R.S., and D.L. Rubinfeld, ‘‘Microeconomics’’, Pearson

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Education (Singapore) Pvt. Ltd., Delhi2. Bilas, Richard A., ‘‘Microeconomic Theory: A Graphical Analysis’’,McGraw-Hill Book Co. Kogakusha Co. Ltd.3. Browning Edgar K., and JacqueLine M. Browning, ‘‘MicroeconomicTheory and Applications’’, Kalyani Publishers, New Delhi.4. Green, H.A.J., ‘‘Consumer Theory’’, The Macmillan Company Of IndiaLtd., New Delhi.5. Gould, John P., and Edward P. Lazear, ‘‘Microeconomic Theory’’, AllIndia Traveller Bookseller, New Delhi.6. Maddala, G.S., and E. Miller, ‘‘Microeconomics: Theory andApplications’’, McGraw- Hill International Edition, Singapore.7. Salvatore, D., ‘‘Schaum's Outline of Theory and Problems ofMicroeconomic Theory’’, McGraw-Hill, International Edition,New Delhi.8. Varian, H.R., ‘‘Intermediate Microeconomics: A Modern Approach’’,Affiliated East-West Press, New Delhi.

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COC 231 MACROECONMICS

Objectives: The course aims at providing the student with knowledge of basic conceptsofthe macro economics. The modern tools of macro-economic analysis are discussed andthepolicy framework is elaborated, including the open economy.Learning Outcome: The course would make the student understand the impact of macropolicies on an economy and business, in the context of the international economy.COURSE CONTENTSUnit-I1. Introduction – concepts and variables of macroeconomics, income, expenditure andthe circular flow, components of expenditure. Static macro economic analysis shortand the long run – determination of supply, determination of demand, and conditionsof equilibrium.6 lecturesUnit-II2. Economy in the short run – IS–LM framework, fiscal and monetary policy,determination of aggregate demand, shifts in aggregate demand, aggregate supply inthe short and long run, and aggregate demand- aggregate supply analysis.22 lecturesUnit-III3. Inflation, causes of rising and falling inflation, inflation and interest rates, social costsof inflation. Unemployment – natural rate of unemployment, frictional and waitemployment. Labour market and its interaction with production system. Phillipscurve, the trade-off between inflation and unemployment, sacrifice ratio, role ofexpectations adaptive and rational.22 lecturesUnit-IV4. Open economy – flows of goods and capital, saving and investment in a small and alarge open economy, exchange rates, Mundell – Fleming model with fixed andflexible prices- small open economy with fixed and with flexible exchange rates,interest-rate differentials case of a large economy.16 lecturesUnit-V5. Behavioural Foundations- Investment –determinants of business fixed investment,effect of tax, determinants of residential investment and inventory investment.Demand for Money – Portfolio and transactions theories of demand for real balances,interest and income elasticities of demand for real balances. Supply of money.9 lecturesSuggested Readings1. Mankiw, N. Gregory., “Macroeconomics”, Macmillan Worth Publishers New York,Hampshire U.K.2. Dornbusch, Rudiger., and Stanley. Fischer “Macroeconomics”, McGraw-Hill.3. Dornbusch, Rudiger., Stanley. Fischer and Richard Startz, “Macroeconomics”,Irwin/McGraw-Hill, Singapore.

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4. Barro, Robert J., “Macroeconomics”, MIT Press, Cambridge MA.5. Burda, Michael , and Wyplosz “Macroeconomics A European Text”,Oxford University Press, Oxford.6. Salvatore, Dominick, “International Economics”, John Wiley & SonsSingapore.7. Branson, William H., “Macroeconomic Theory and Policy”, HarperCollinsIndia Pvt. Ltd.

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COC 232 FINANCIAL ACCOUNTING – IIOBJECTIVE:The objective of this course is to acquaint students with diverse accountingrequirements in select business organizational forms and situations.

LEVEL OF KNOWLEDGEWorking KnowledgeUNIT 1: ROYALTY ACCOUNTS: 08 hoursIntroduction – Meaning – Technical Terms – Royalty – Landlord – Tenant –Minimum Rent – Short workings – Recoupment of Short working under FixedPeriod – Floating Period – Recoupment within the Life of a Lease – Treatment ofStrike and Stoppage of work –Accounting Treatment – in the books of Lessee(Tenant) – when royalty is less than Minimum Rent – When royalty is equal toMinimum Rent – When the right of recoupment is lost, when Minimum RentAccount Method is followed – Preparation of ledger accounts – Royalty Account,Landlord Account – Short workings Account - Minimum Rent Account whenMinimum Rent Account is followed.

UNIT 2: PARTNERSHIP ACCOUNTS:(6+8+8+6+8) 36hours.Admission – goodwill, profit sharing ratio, revaluation account, balance sheet.Retirement & Death- goodwill profit sharing ration, revaluation, loan and executor’saccounts, balance sheet.Dissolution and piecemeal distribution- insolvency of partners-Garner VsMurray-applicability in India, deficiency account, treatment of un-recorded assetsand liabilitiesAmalgamation-Conversion to a limited Company and Sale to a limited Company -all related accounts, journal entries and final balance sheet – treatment of un-recorded assets & liabilities, contingent liabilities, issue of shares/debentures forpurchase consideration (conversion/sale to a company)UNIT 3: BRANCH ACCOUNTS: 10 hoursIntroduction – Inland Branches – Types – Dependant – Preparation of BranchAccounts in Head Office Books – Treatment of Cost Price – Invoice Price - DebtorsAccount – Creditors Account – treatment of Petty cash – prepaid insurance –creation of stock reserve – independent branches – preparation of Head OfficeAccount in Branch Books – Branch Account in Head Office Books – MemorandumTrading and Profit and Loss Account in Head Office books - Incorporation of TrialBalance of branch in Head Office Books - Adjustment entries – goods-in-transit -cash-in-transit –depreciation of Branch Assets- services rendered by Branch toHead Office and vice versa – Receipts and payments by Branch on behalf of HeadOffice and vice versa – Reconciliation of Branch and Head office Current Accounts.UNIT 4:ACCOUNTING STANDARDS:06hoursAccounting Standards and Guidance Notes on various accounting aspects issued bythe ICAI and simple problems based thereon – (AS relating to inventory,depreciation, valuation of assets and liabilities including contingent liabilities andexchange rate fluctuations only)

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SKILL DEVELOPMENT● Collection and recording of Royalty agreement with regard to any suitable situation.● Collection and recording of relevant details for admission of a new partner.● Prepare a scheme of amalgamation of two independent firms with imaginary details.● Prepare a scheme for conversion of a partnership firm to a limited company and list

the required legal compliances.

BOOKS FOR REFERENCE:6. Dr. S.N. Maheswari, Financial Accounting7. Grewal and Shukla, Advanced Accounting8. P.C. Tulasian, Pearson Editions, Introduction to Accounting9. Jain & Narang. Financial Accounting5. Accounting Standards - Institute of Chartered Accountants of India

External Experts

1. Mr. A.G. Krishanan CA, CS, ICWA

2. Mr B.P. Patil

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COC 233 BUSINESS MATHEMATICS

Objective: The objective of this course is to familiarize students with the basicmathematicaltools with emphasis on applications to business and economic situations.Expected Learning Outcomes: The student would acquire fair degree of proficiency informulating and solving diverse problems related to business and economics with thehelp ofmathematical tools.Unit – 1Matrices and Determinants (No. of Lectures: 7)1.1 Algebra of matrices. Inverse of a matrix. 3 Lectures1.2 Solution of system of linear equations (having unique solution and involving notmorethan three variables) using matrices. 4 LecturesUnit – 2Calculus I (No. of Lectures: 10)2.1 Mathematical functions and their types- linear, quadratic, polynomial, exponential,logarithmic and logistic function. Concepts of limit, and continuity of a function. 2Lectures2.2 Concept and rules of differentiation. 3 Lectures2.3 Maxima and Minima involving second or higher order derivatives. 5 LecturesUnit –3Calculus II (No. of Lectures: 20)3.1 Partial Differentiation. Partial derivatives up to second order. Homogeneity offunctionsand Euler’s theorem. Total differentials. Differentiation of implicit functions with thehelp oftotal differentials. 8 Lectures3.2 Maxima and Minima in cases of two or three variables involving not more than oneconstraint including the use of the Lagrangean multiplier. 4 Lectures3.3 Integration. Standard forms. Methods of integration – by substitution, by parts and byuse of partial fractions. Definite integration. Finding areas in simple cases. 8 LecturesUnit- 4Mathematics of Finance (No. of Lectures: 12)4.1 Rates of interest-nominal, effective and continuous – and their inter-relationships.3 Lectures4.2 Compounding and discounting of a sum using different types of rates. 3 Lectures4.3 Types of annuities, like ordinary, due, deferred, continuous, perpetual, and theirfutureand present values using different types of rates of interest. Depreciation of assets.Valuationof simple loans and debentures. Sinking funds. (General annuities to be excluded)6 LecturesUnit- 5Linear Programming (No. of Lectures: 26)

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5.1 Formulation of linear programming problems(LPP). Graphical solution to LPPs.Casesof unique and multiple optimal solutions. Unbounded solutions and infeasibility, andredundant constraints.6 Lectures5.2 Solution to LPPs using simplex method – maximization and minimization cases.Shadowprices of the resources and the ranges of their validity. Identification of unique andmultipleoptimal solutions, unbounded solution, infeasibility and degeneracy. 8 Lectures5.3 The dual problem. Formulation of the dual. Primal-Dual solutions: (excludingsolution ofdual problem when the primal problem involves mixed constraints). 4 Lectures5.4 Transportation and assignment problems. 8 Lectures

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COC 234 MARKETING MANAGEMENTOBJECTIVES:To help students to understand the concept of marketing and its applications. Also toexpose the students to the latest trends in marketing.LEVEL OF KNOWLEDGE:Working KnowledgeUNIT 1: INTRODUCTION: 12hoursNature and scope of marketing- Importance of marketing as a business function -and in the economy - Marketing concepts -Traditional and Modern, Selling V/Smarketing - Marketing Environment –Retail Marketing-types-Marketingdepartment-Marketing outsourcing.UNIT 2: MARKETS AND SEGMENTATION: 10 hoursMeaning of Market - Various types of markets and their characteristics. Concept ofmarket segmentation and its Importance - bases for market segmentation. Targetmarketing and positioning-types of positioning-product differentiation.UNIT 3: PRODUCT & PRICE 8hoursConcept of product - consumer and Industrial goods -product planning anddevelopment packaging - role and functions - Brand name and Trademark - aftersale service - product life cycle concept. Importance of price in the marketing mix,factor affecting price of a product / service,UNIT 4: MARKETING / DISTRIBUTION CHANNELS: 6hoursConcept and role - types of distribution channels - Factors affecting choice of adistribution channel-Retail Network- Promotion: Method of promotion - optimumpromotion mix. -Sales CoordinationUNIT 5: CUSTOMER: 6hoursMeaning and importance-customer value and satisfaction-meaning and methods-retaining customers-customer profitability-customer relation management.UNIT 6: CONSUMER BEHAVIOUR: 4hoursNature, scope & significance of consumer behavior - factors affecting consumerbehavior.UNIT 7: SALESMANSHIP & SELLING PROCESS: 4hoursSalesman - qualities of successful salesman - functions of a salesman - sellingprocess.UNIT 8: ADVERTISING AND PUBLICITY: 6hoursMeaning - importance of advertising -advertising medias - ethics of goodadvertising.UNIT 9: MARKETING RESEARCH & MIS: 4hoursMeaning - steps involved in marketing research- areas of marketing research.Marketing Information System (MIS): Need, Importance - Elements of good MIS -components of MIS.

SKILL DEVELOPMENT: Draw a plan of distribution network for a consumer product. Prepare a marketing organization chart and specify roles of each position. Develop a media plan for introducing a new product. Develop a unique plan for CRM.

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BOOKS FOR REFERENCE:1) Philip Kotler: Marketing Management, Prentice Hall of India Ltd, New Delhi.2) Marchannd & B. Vardharajan: An introduction to Marketing, Vikas Publishing House,New Delhi.3) Maurice & Mondell & Larry Rosenberg - Marketing: Prentice Hall of India Ltd. NewDelhi.4) Mohammad Amanatuallh: Principles of Modern Marketing. Kalyani Publications NewDelhi.5) Dr. C. N. Sontakki: Marketing Management Kalyani Publications New Delhi.

External Experts

1. Mr. A.G. Krishanan CA, CS, ICWA

2. Mr. Hegde ACS, CA

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COC 235 BUSINESS MANAGEMENTOBJECTIVES:To familiarise the students with concepts and principles of Management as applied inbusiness organizations, organizational behavior and entrepreneurial skills.LEVEL OF KNOWLEDGE:Working Knowledge for Units 1 to 3 and Basic knowledge for Unit 4 to 6UNIT – 1: MANAGEMENT& PRINCIPLES: 12 hoursManagement: Meaning, nature and characteristics - Scope and functional areas ofmanagement -Management as a science art or profession - Management &Administration – Management Process- Management Principles-evolution of-System Approach to management in detail (in domestic & international context)planning, organizing, staffing, Directing, coordination, controlling and innovation(creativity)UNIT – 2: PLANNING: 06 hoursNature importance and purpose of planning - Planning process, Objectives - Typesof plans - Nature & hierarchy of objectives. Management by objectives.Management by exceptions,Management by moving around. Decision-making – importance & steps.UNIT – 3:ORGANISATION:10hoursOrganizing: Nature and purpose of organization, Principles of organization - Typesof organization – Formal and Informal-- Centralization Vs decentralization ofauthority and responsibility - Span of Control – Organizational Behaviour – natureand significance.UNIT – 4:DIRECTING: 14hoursMeaning and nature of directing - Leadership styles -. Theory X and Y;Management of productivity-an overview-Concept & application in manufacturing& service industries application in different areas. Measurement of productivity,partial, multifactor & total factor models –Creativity Based Techniques -– Brainstorming. Whole brain thinking, NominalGroup techniques, use in creative problem solving with practical applications.Learning Curves -– Concept of learning curve, its applicability, barriers to itsapplication.UNIT – 5: CONTROL: 04hoursMeaning and importance -Meaning and steps in controlling - Essentials of a soundcontrol system - Methods of establishing control (in brief).UNIT-6: TOTAL QUALITY MANAGEMENT: 06 hoursImportance & relevance in the context of globalization of Indian economy.Techniques used to inculcate the quality approach in an organization-role oforganizational behaviour-Quality Standards-ISO 9000/14000, SQC ERP MRP/MRPII (Brief introduction)UNIT- 7:ENTREPRENEURSHIP: 08 hoursIntroduction - the entrepreneur; Definitions; Emergence of entrepreneurial class;Characteristics of entrepreneur. Leadership; Risk taking; Decision-making andbusiness planning. Self-actualization. Management of conflicts, stress & time.Psychology of winning -Entrepreneurial Development Programmes (EDP)- their role,relevance, and achievements- EDP & Strategic Management

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SKILL DEVELOPMENT:● Preparation of Organization Chart depicting Line & Staff Relationship● Chart of Delegated Authority in a Bank, Insurance Company and a Manufacturing

Company-clearly stating functional roles.● Chart on sources of recruitment.● Draft Control chart for different industry / business groups.● Quality Control specification in a service organization● ISO 9000 Application form filling.

BUSINESS MANAGEMENT

BOOKS FOR REFERENCE:1. Koontz & O’Donnell, Management.2. L M Prasad, Principles of management.3. Rustum & Davan, Principles and practice of Management.4. Srinivasan & Chunawalla, Management Principles and Practice.5. Shrinivasan. - Entrepreneurial Development -.6. Lal-Sudarshan. How to start your own -small Industrial unit.7. Fred Luthans Organizational Behaviour - McGraw Hill, New York8. Louis A. Allen: Management and Organization - - McGraw Hill, Tokyo

External Experts

1. Dr Prakash

2. 1. Dr Poornima Maheshwari

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COC 331 Auditing–11. Introduction

Introduction – Meaning and Definition of Audit – Objectives of Audit – Aspectsto be covered in Audit – Basic principles governing an Audit Scope of Audit –Inherent limitations of Audit – Qualities of an Auditor – Auditing andInvestigation – Types of audit – Distinctions between them – Balance Sheet Audit– Advantages of independent audit.

2. Basic concepts in Auditing

Accounting concepts in Auditing – Auditing concepts – Concept of Auditor’sIndependence – Concept of materiality – concept of true and fair, usefulness –Importance – Independence – obligation for audit – Disclosure of AccountingPolicies.

3. Auditing and Assurance standards

Indian Auditing and Assurance Standard Board – International AuditingAssurance Standards Board – Audit Assurance Standards – Internal AuditStandard – Quality Control Standard.

4. Preparation for an Audit

Auditor’s Engagement – Audit Process – Audit techniques – Audit procedure –Audit planning – Audit Program – Audit working papers – Quality control foraudit work – Elements of Statistical sampling – Audit Risk.

5. Internal Control

Concept of internal control – Environment of Internal control – Inherentlimitations of inherent control – Accounting and Financial Record – Internalcontrol and management – Internal control and auditor – Review of internalcontrol by the auditor – Testing of internal control – Examination in depth –Relationship between the assessments of Inherent and Control Risks –Communication of weakness in internal control – Internal check – Internal Audit– Standard on Internal Audit.

6. Audit Evidence

Introduction – Audit procedures to obtain audit evidence - Types of auditevidences – Reliability of Audit evidence – Methods to obtain audit evidence.

7. Vouching, Verification and Valuation

Meaning – Vouching Vs Verification – Confirmation Vs Verification – Testcheck – Surprise check – Verification of Cash in hand - verification of Bank

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balance – Bank Reconciliation Statements – General principles – Valuation ofassets – Verification of assets –

8. Audit process for P/L items

Audit of cash payments – Audit of purchases – Audit of Expenditure – Audit ofcash receipts – Audit of Sales – Audit of Other Income – Cutoff arrangement –Audit of depreciation – Audit of ledgers – Audit of outstanding liabilities –outstanding assets – General scrutiny – Variance Analysis – QuantitativeReconciliation in trading and manufacturing companies.

9. Audit process for Balance Sheet items

Audit of fixed assets – Fixed assets & requirements of CARO – Audit ofInvestments – Audit of Current Assets – Audit of Miscellaneous expenditure –Audit of liabilities – General consideration – Loans and Borrowings – Provisions –Contingent Liabilities – Events occurring after the Balance Sheet date – Priorperiod and extraordinary items and changes in accounting policies.

10. Tax Audit under Income Tax Act

11. Summary of the significant legal decisions

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Skill Development1. Power point presentation of different Audit Standards

2. Drafting of internal Control Questionnaire.

3. Draft Audit Programme.

4. Comparative Study of significant Legal Decisions regarding Auditor.

5. Write a Tax Audit Report under Income Tax Act.

Recommended Books1. Fundamentals of Auditing by Kamal Gupta, Ashok Arora published by Tata

McGraw Hill.

2. Auditing by B N Tandon published by S Chandra & Co. Ltd, Delhi

3. Auditing and Assurance by Aruna Jha Published by Taxmann Publications Pvt.Ltd.

External Experts

1. Mr. George

2. Dr. Poornima Maheshwari

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COC 332 FINANCIAL MANAGEMENT

Objective: To familiarize the students with the principles and practices of financialmanagement.COURSE CONTENTSUnit-I:1. Scope and objective, Time value of money, Risk and return, Valuation of securities –Bonds and Equities(8 Lectures)Unit-II:2. The Capital Budgeting Process, Cash flow Estimation, Payback Period Method,Accounting Rate of Return, Net Present Value (NPV) Net Terminal Value, InternalRate of Return (IRR), Profitability Index, Capital budgeting under Risk – CertaintyEquivalent Approach and Risk- Adjusted Discount Rate.(20 Lectures)Unit-III:3. Cost of Capital and Financing Decision: Estimation of components of cost of capital;equity capital and external & internal retained earnings, Debt and Preference Capital,Weighted average cost of capital (WACC) and marginal cost of capital. Sources oflong-term financing: capital structure, operating and financial leverage, determinantsof capital structure.(20 Lectures)Unit-IV:4. Dividend Decision – relevance and irrelevance of dividend decision for corporatevaluation. Cash and stock dividends, dividend policy in practice.(12 Lectures)Unit-V:5. Working Capital Decisions: concepts of working capital, the risk-return trade off,sources of short-term finance, financing mix, cash management, receivablesmanagement, inventory management and payables management.(15 Lectures)Spreadsheet is the recommended software for doing basic calculations infinance and hence can be used for giving students subject related assignmentsfor their internal assessment purposes.The weightage of the topics and the software to be used for practical work inthis paper will be prescribed in the guidelines by the Committee of Courses andStudies in Commerce (Hons., P.G. and Research) every three years.Suggested Readings1. Horne, J.C. Van., “Financial management and policy” , 10th ed. (New Delhi PrenticeHall of India 1995).2. Horne, J.C. Van., “Fundamentals of Financial Management” , 9th ed. (New DelhiPrentice Hall of India 1995).3. Levy H. and M. Sarnat , “Principles of Financial Management” , (Engelwood Cliffs,Prentice hall 1988).4. Johnson, R.W., “Financial Management” , (Boston Allyn and Bacon, 1977).5. Joy ,O.M., “Introduction to Financial Management” , (Homewood: Irwin, 1977).

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6. Khan and Jain., “Financial Management text and problems”, 2nd ed. ( Tata Mc GrawHill New Delhi 1992).7. Pandey, I.M., “Financial Management” , Vikas Publications.8. Bhalla, V.K., “Financial Management & Policy,” (Anmol Publications, Delhi).9. Chandra, P., “Financial Management- theory and practice” , (Tata Mc Graw Hill).10. Rustagi, “Fundamentals of Financial Management” ,( Galgotia Publishing House,Delhi)11. Singh, J.K., “Financial Management- text and Problems”, 2nd ed. 2003 Dhanpat Raiand Company, Delhi.12. Sharma, G.L. and Y. P.Singh (ed.) “Contemporary Issues in Finance and Taxation” ,(Academic Foundation Delhi 1993).

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COC 333 Business Communication

Objective: To equip students of the B.Com course effectively to acquire skills inreading, writing, comprehension and communication, as also to use electronic media forbusiness communication.

To provide knowledge and impart structured experiences that will give edge bydeveloping their individual strength which will enhance and equip their skills todeal in day to day businessLevel Of Knowledge : Expert

Unit 1Vocabulary and language skills- choice of words, grammar, spellings andpronunciation, punctuation marks, Tenses. 2 Hrs

Unit 2Meaning and definition of communication. Business Communication, Means andmode of Communication, Requirement of effective Communication, importance ofcommunication in business, Communication Process Models, Barriers toCommunication, Essentials of effective Communication, Communication Flows. 4Hrs

Unit 3Business Letters and Personal Letters, Functions Of Business letters, Parts ofbusiness Letters. Format of Business Letters. 2 Hrs

Unit 4Purchase Correspondence- Enquiries, Practical requirement for drafting a letter ofenquiry, Types of enquiries, Purpose of enquiries and Enquiry Letters/QUOTATION, Reply to the quotation/ enquiry letter, Tender notices. LimitedTender, Tabulated Tender, Status Enquiries and replies. Letter to Banker forascertaining Credit worthiness, letters for third party seeking opinion. Referenceletters. Letters from bank. Complaint letters. Inability to execute orders. Complaintregarding bad quality of goods supplied. 7 Hrs

Unit 5Sales Correspondence- Sales letters- Sales circular,Circular informing seasonal

discount, announcement of Special incentive Schemes, circular informing increasein the price of goods, circular informing special concessions. Circular informingprize scheme, Franchising, sole selling agency distributorship. 6 Hrs

Unit 6Bank Correspondence – Opening of Bank account, Applying for various loan, Stoppayment of Cheques, Reply letters from the Bank. Sanction letter from the bank,

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Request for overdraft facility, Letters on overdrawing of account, Request letter forissue of drafts. Letter enquiring from the bank about position of a party. Delay insanctioning loan.5 Hrs

Unit 7Secretarial Correspondence – Non receipt of Share certificate, letter complainingthat no allotment of shares was made, Letters regarding non receipt of refundorders, letters regarding non – receipt of Dividend Warrant/ Balance sheet, Letterfor dematerialization / Re materialization of shares .5 Hrs

UNIT 8Interdepartmental Communication – Memos, Internal Memos, Office Circulars,Office Orders, Office Notes. 6 Hrs

Unit 9]Reports and Presentation – Meaning, Objectives of report, Features of Report,Business Reports, Types of Business Reports, Steps in preparing the report, SalesReport, Financial Report.7 Hrs

Unit 10Personnel Correspondence – interview letters, Appointment letters, Confirmationletters, Showcase notice, Charge sheets, letter of dismissal. 4 Hrs

Unit 11Personality Skills – Communication skills in letter writing. Equipments in moderncommunication – telegraphic messages, Email, Fax messages, Short MessagingService , Representations, Public Notices, Invitation.3Hrs

Unit 12Communication Styles – International communication styles by Mr. Norton and Mr.Comstock and Higgins.3 Hrs

Unit 13Development of Soft skills – Meaning of soft skills. Types of soft skills, Personalskills, interpersonal skills, Cross – cultural skills, Corporate skills, EnglishLanguage skills. How to improve soft skills at work, Areas to provide training forsoft skills.6 Hrs

Book for reference

1. C.S Rayudu, “ Communication” HPH2. Myer& Myer Communication Mcgraw Hill.3. Rai & Rai, Business Communication – HPH

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External Experts

1. Mr. A.G. Krishanan CA, CS, ICWA

2. Dr Poornima Maheshwari

Politics, Ethics and Social Responsibility of Business

1. Thinking conceptually about Politics: Liberty, Equality, Justice, Rights andRecognition,The Idea of a Good society. Concept of Business Ethics and Corporate SocialResponsibility.Lectures 122. Domain of Politics and Ethics: Democracy and Welfare state, Market andGlobalisation.Lectures 83. Approaches to Moral Reasoning: Consequentialism, Deontologism, Teleologicalreasoning.Lectures 64. Politics and Ethics in Business: Corporate Code of Ethics.a) Environmentb) Accountabilityc) Responsibilityd) Leadershipe) DiversityLectures 105. Corporate Social Responsibility. Arguments For and Against; Strategic Planning andCorporate Social Responsibility; Corporate Philanthropy.Lectures 66. Cases of corruption, Corporate Scandals, Whistle Blowing, Insider Trading,Discrimination, Advertising, Consumer Rights etc.Lectures 8Suggested Readings:1. Best Internet Source for Ethics,http:/ /www.josephsoninstitute.org/jilinks.htm2. Bok, Sissela, Lying: Moral Choice in Public and Private Life, Random House Inc.,1990,Ch. 7, 8, 12 and 163. Bok, Sissela. Secrets, on the Ethics of Concealment and revelation, Random HouseInc.,1990. Chapter on “Whistle blowing and Leaking: Undercover Police Operations”, pp.265-280.4. Desjarding, Joseph, An Introduction to Business Ethics, McGraw-Hill, 2003.

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5. Dworkin, Ronald, Sovereign Virute, Harvard, 2000.6. Frederick, Davis and Post, Business and Society. McGraw-Hill.7. Gardner, John, On Leadership, pp. 67-80, 112-120.8. Goodin Robert E. and Philip Pettit, Edited, A Companion to Contemporary PoliticalPhilosophy, OUP, 1993.9. Jagdish Bhagwati, In Defense of Globlization, 2004.10. Joseph E. Stiglitz, Globalization and its Discontents, 2003. WW Norton.11. LaFollettee, Hugh, Ethics in Practice, Massachusetts, 1997.12. Manuel G. Velasquez, Business Ethics, (5th edition).13. Maria Mies, And Vandana Shiva, EcoFeminism Delhi, Kali for Women 1993.14. OECD Principles of Corporate Governance. See the Website of OECD.15. Paul, Richard and Linda Elder, Ethical Reasoning: The Foundation for CriticalThinking,2003.16. Purushottma Bilimoria, Joseph Prabhu, And Renuka Sharma, Companion for IndianEthics: An Anthology on Classical, Contemporary and Applied Moral Thinking in andfrom India, Ashgate Pub. Co., 2004.17. Richard T. and E George, Business Ethics. Macmillan.18. Taylor, Charles, Sources of the Self-Harvard, 1989.19. Thompson, Denis, Political Ethics and Public Office, Harvard Mass, HarvardUniversityPress, 1997.

Additional Readings1. Bhargava, Rajeev, (ed.) Multiculturalism, Liberalism and Democracy, OxfordUniversityPress, 1999.2. Harris, John, Depoliticizing Development: The World Bank and Social Capital, NewDelhi, Manohar, 2001.3. Nayar, Baldev Raj, Globalisation and Nationalism : The Changing balance of India’sEconomic Policy 1950-2000, New Delhi, Sage 2001.4. Parekh, Bhikhu, Rethinking Multiculturalism: cultural Diversity and Political Theory,London, Macmillan, 2000.5. Habermas, Jurgen. Moral Consciousness and Communicative Action. (Translated byChristian Lenhardt and Shierry Weber Nicholsen), Cambridge: Polity Press, 1992.

Journals1. Alternatives, Centre for Study of Developing Society2. Harvard Business Review3. Journal of Business Ethics

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COC 335 MANAGEMENT ACCOUNTING

Objective: To provide the students knowledge about use of costing data for planning,control and decision making.__Unit I:1. Nature and Scope, Difference between cost accounting and managementaccounting, cost control, cost reduction, cost management.(8 Lectures)Unit II:2. Budgeting and budgetary control: Concept of budget and budgetary controlobjectives, merits, and limitations, Budget administration, Functional budgets,Fixed and flexible budgets, Zero base budget, Programme and performancebudgets.(12 Lectures)Unit III:3. Standard costing and variance analysis: Meaning of standard cost and standardcosting: advantages, limitations and applications, Variance analysis – material,labour, overhead and sales variances, Disposition of variances, Control ratios.(15 Lectures)Unit IV:4. Absorption versus variable costing: Distinctive features and incomedetermination. (5 Lectures)Cost-Volume-Profit Analysis: Break-even analysis-algebraic and graphicmethods. Contribution / sales ratio, key factor. Margin of safety. Angle ofincidence. Determination of cost indifference point.(10 Lectures)Unit V:5. Decision making: Costs for decision making, variable costing and differentialanalysis as aids in making decisions – fixation of selling price, exploring newmarket, make or buy, product mix, operate or shut down, sellor process further.(20 Lectures)__Unit VI:6. Responsibility Accounting: Concept, Significance, Different ResponsibilityCenters, Divisional Performance Measurement – Financial Measures.(5 Lectures)Suggested Reading:1. Nigam, B.M. Lall., and I.C. Jain, “Cost Accounting, Principles and Practice,Prentice,” Hall of India, New Delhi.2. Mittal, D.K., and Luv Mittal, “Cost Accounting,” Galgotia Publishing Co.,New Delhi.

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3. Lal, Jawahar., “Cost Accounting” , Tata McGraw Hill Publishing Co., NewDelhi.4. Arora, M.N., “Cost Accounting – Principles and Practice” , Vikas PublishingHouse, New Delhi.5. Shukla, M.C., T.S. Grewal and M.P. Gupta, “Cost Accounting, Text andProblems” , S. Chand & Co. Ltd., New Delhi.6. Maheshwari, S.N., and S.N. Mittal, “Cost Accounting” , Theory and Problems,Shri Mahabir Book Depot, New Delhi.7. Jain, S.P., and K.L. Narang, “Cost Accounting, Principles and Methods” ,Kalyani Publishers, Jalandhar.8. Iyengar, S.P., “Cost Accounting” , Sultan Chand & Sons, New Delhi.

References:1. Usry, Milton E., and Lawrence H. Hammer, “Cost Accounting, Planning andControl” , South Western Publishing Co.2. Horngreen, Charles T., George Foster and Srikant M. Dattar, “CostAccounting, A Managerial Emphasis” , Prentice Hall of India Ltd., New Delhi.3. Horngreen, Charles T., Gary L. Sundem, “Introduction to ManagementAccounting” , Prentice Hall.4. Garrison H., Ray and Eric W. Noreen , “Managerial Accounting” , McGrawHill.5. Drury, Colin., “Management and Cost Accounting” , Thomson Learning.6. Lal, Jawahar., “Advanced Management Accounting Text and Cases” , S.Chand & Co., New Delhi.7. Khan, M.Y., and P.K. Jain, “Management Accounting” , Tata McGraw Hill,Publishing Co., New Delhi.

External Experts

1. Mr. A.G. Krishanan CA, CS, ICWA

2. Mr B.P. Patil

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COC 431 Auditing–II

1. Audit procedure and process

Audit of sole Proprietors – Audit of Partnership Firms – Audit oftrading Companies – Audit of Manufacturing Companies – Audit ofCinema Hall – Audit of Leasing and Hire Purchase Company –Audit of Hotel – Audit of Hospital – Audit of Library – Audit of Co-operative Consumer Store – Audit of Club – Audit of CharitableInstitution – Audit of Educational Institution – Audit of PublicEnterprises – Audit of Government Companies – Audit of Localbodies.

2. Company Audit

Qualifications and disqualifications – Appointment of Auditors –Re-appointment of Auditors – Removal of Auditors – Duties ofCompany Auditor – Branch Audit – Special Audit u/s 233A – CostAudit u/s 233B – Ceiling on the number of Audits – Remunerationof Auditors – Joint Auditors – Statutory Report.

3. Company Audit process

Share capital – Authorised, Issued and Paid up – New issue ofShares for Cash – Issue for non-cash considerations – Issue atpremium – Issue at Discount – Sweat Equity Shares – Buy Back ofShares – Calls in Advance – Calls in Arrears – Alteration of ShareCapital – Reduction of Share Capital – Unissued Share Capital –Forfeiture of Shares – Re-issue of Forfeitured Shares – PreferenceShare Capital – Rights Issue – Bonus Issue – Share Transfer Audit– Reserve Capital - Reserves and provisions – Divisible profits –Verification of Dividend payments – Interim and ProposedDividends – Managerial remuneration – Compliance with therequirements of Schedule VI to the Act.

4. Audit Report

Title – Addressee – Introductory Paragraph – Scope Paragraph –Opinion Paragraph- Date of Report – Place of Signature – AuditorsSignature – Types of Audit Report – Unqualified/Clean Opinion –Modified opinion – Qualified opinion – Adverse or negative opinion– Disclaimer of Opinion – Features of a good Report – features ofQualified Report – Audit Certificates vs. Audit Reports –Explanatory Notes vs. Qualificatory Notes.

5. Report u/s 227 of the Companies Act

Inquiry and Reporting u/s 227 (1A) – Financial Statements u/s227 (2) – Information and Explanations u/s 227 (3)(a) – Properbooks of Accounts u/s 227(3)(b) – Branch Auditors Report u/s

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227(3)(bb) – Books and Financial Statements u/s 227(3)(c) –Accounting Standards Compliance u/s 227(3)(d) – Directors’Disqualification u/s 227(3)(f) – Cess u/s 441A – 227(3)(g) – CARO2003 matters u/s 227(4A) – Special Consideration for BankingCompany – Directors Report and Auditors Duties – Knowledge ofSubsequent Events after Signing the Audit Report – SEBIguidelines concerning audit report international reportingrequirements (familiarization).

6. Auditors Liability

Liability under Companies Act – Liability under CharteredAccountant Act – Liability under any other Act – Nature of Liability– Decisions of Significant Cases.

Skill Development1. Analyze the Schedule VI Compliance in respect of different listed

companies and make a comparative statement.

2. Analyze the Disclosure of Accounting Policies of various listedCompanies.

3. Compile disqualificationary notes from various listed companiesand make a report.

4. Analysis of CARO Audit Report of different type of companies.

Recommended Books1. Fundamentals of Auditing by Kamal Gupta, Ashok Arora published

by Tata McGraw Hill.

2. Auditing by B N Tandon published by S Chandra & Co. Ltd, Delhi

3. Auditing and Assurance by Aruna Jha Published by TaxmannPublications Pvt. Ltd.

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COC 432 CORPORATE ACCOUNTING

Level of Knowledge: Working knowledgeLearning objectives :To help the students to acquire the conceptual knowledge of thefundamentalsof the corporate accounting and to learn the techniques of preparing thefinancial statements.COURSE CONTENTS1. ACCOUNTING FOR SHARE CAPITAL 10 LecturesIssue, forfeiture and reissue of forfeited shares- Issues of rights and bonusshares-SEBI Guidelines-Concepts of book building, demat shares andEmployee Share option Scheme (ESOS), Redemption of preference sharesand buy back of shares.2. ISSUES AND REDEMPTION OF DEBENTURES. 8 Lectures3. FINAL ACCOUNTS 7 LecturesPreparation of profit and loss account and balance sheet of corporateentities, excluding calculation of managerial remuneration. Disposal ofcompany profits.4. VALUATION OF GOODWILL AND VALUATION OF SHARES10 LecturesConcepts and calculation - simple problem only.5. AMALGAMATION OF COMPANIES 12 LecturesConcepts and accounting treatment as per Accounting Standard: 14 (ICAI)(excluding inter company holdings). Internal reconstruction: concepts andaccounting treatment excluding scheme of reconstruction.6. ACCOUNTS OF HOLDING COMPANIES/PARENT COMPANIES12 LecturesPreparation of consolidated balance sheet with one subsidiary company.Relevant provisions of Accounting Standard: 21 (ICAI).7. BANKING COMPANIES 8 LecturesPreparation of final account from a given trial balance. Concept ofnonperformingassets (NPA).8. CASH FLOW STATEMENT 8 LecturesConcepts of funds. Preparation of cash flow statement as per AccountingStandard (AS): 3 (Revised)(ICAI): Indirect method only.Suggested Readings:1. Monga, J.R., ‘‘Fudamentals of Corporate Accounting’’, Mayur Paper Backs, NewDelhi.

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2. Shukla, M.C., T.S. Grewal, and S.C. Gupta, ‘‘Advanced Accounts’’, Vol-II, S. Chand&Co.,New Delhi.3. Gupta, R.L. and M. Radhaswamy, ‘‘Advanced Accountancy’’, Vol-II, Sultan ChandandSons, New Delhi.4. Maheshwari, S.N. and S. K. Maheshwari, ‘‘Corporate Accounting’’, Vikas PublishingHouse, New Delhi.5. Sehgal, Ashok and Deepak Sehgal, ‘‘Corporate Accounting’’, Taxman Publication,NewDelhi.6. Gupta, Nirmal, ‘‘Corporate Accounting’’, Sahitya Bhawan, Agra.7. Jain, S.P. and K.L. Narang, ‘‘Corporate Accounting’’, Kalyani Publishers, New Delhi.

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COC 433 CORPORATE LAW & PRACTICE -I

Objective: To familiarize students with corporate law and to make them appreciate theimportance of corporate governance in the management of organizations

Level of Knowledge: Advance Knowledge on Module 1 and 2 working knowledge onrest of the syllabus.

Module I- Corporate Form of Organizations: Nature and form of Business Enterprises,Types of Business Enterprises, history and development of corporate concepts,Emergence of principle of limited liability, Corporate veil and its lifting. Different typesof companiesIncorporation of different types of Companies.Promoters- Meaning importance, position, duties and liabilities, Pre incorporationcontracts. Memorandum and Articles of Association, certificate of incorporation,certificate of commencement of Business. The Doctrine of ultra-vires, constructive noticeand indoor management. Procedure for alteration. Of Memorandum and Articles ofAssociation, Effect of alteration (5hrs)

Module II – Financial structure: sources of capital, classes and types of shares, equitywith differential rights, issue of shares at par, premium and discount, forfeiture andsurrender of shares, bonus issues, right issues, issue of sweat equity shares, employeesstock option scheme, private placement , Alteration of share capital, reduction of sharecapital, buys back of shares. Dividend

Debt capital- debentures, debentures stock, bonds and new development in corporate debtfinancing, debenture trust deed and trustees, conversion and redemption of debentures.

Prospectus-definition abridged prospectus, red- herring prospectus, shelf prospectusinformation memorandum, contents, registration, misrepresentation and penalties

Membership , Depositories Transfer and transmission,. Modes of acquiring membership,rights and privileges of members, register of members, dematerialization andrematerialization of securities, transfer and transmission of securities in physical anddepository modes, nominations. (16 hrs)

Module- III- Management and control of companies: Directors=-appointment,reappointment qualifications and disqualifications, remuneration, vacation of office,retirement, resignation and removal , loans to directors, powers and duties, office or placeof profit role of directors, contract in which directors are interested . Managing andwhole-time directors and manager,Company secretary – appointment role and responsibilities, company secretary asprincipal officer, meetings of directors and committees-frequency, convening andproceeding of board/ committee meetings, video conferencing of board/committeesresolution by circulation (10 hrs)

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Module- IV Company Meetings- General meetings, Statutory meeting and Statutoryreport. Annual general meeting, Extra ordinary general meeting, EGM on requisition,Class meeting; notice, quorum for meeting, chairman, proxies voting,, demand for poll,procedures connected with poll, representation of coporate, president and governor inmeetings, ordinary and special resolution and agreements, postal ballot, rules andprocedure relating to postal ballot, minutes of proceedings of general meetings.

Secretarial Practice with regard to convening and management to borro, restriction withregard to borrowing, provisions with regard to inter corporate loans and investment.Public deposit – invitation, acceptance, renewal,repayment,default and remedies. Smalldepositor,

Charges-procedure for creation, modification satisfaction of charges and registrationthereof,register of charges, inspection of charges.

Module – V- Majority Rule and Minority rights- Law relating to majority powers andminority rights. Shareholder remedies- actions by shareholders, statutory remedies,prevention oppression and mismanagement.winding up of companies – concept and modes of winding up. Winding up by tribunal,

official liquidator, procedure under members voluntary winding up & creditors windingup. Preferential Payment.

Module – VI Filling and filing of returns under companies Act- Procedure for filling andfiling of returns and documents, annual filing- annual accounts, compliance certificate,annual return. Event based filing.,OFFENCES AND PENALTIES UNDER COMPANIES ACT

company law authorities- MCA.CLB.OL.ROC.RD 3 HrsSKILL DEVELOPMENT:

1. Prepare Memorandum of Association of a company limited by shares.2. Prepare Articles of Association of company Limited by shares3. Compare the articles of Association of a private company and listed

company4. Analyze the corporate governance Report of 3 listed company5. Study the important information provided in a red herring Prospectus of a

company which is going to IPO.6. Prepare debenture trust deed for a company

Books for reference1. N.D. Kapoor: Elements of Company Law.2. M.C Bhandari: Guide to company Law procedure3. A. Ramaiya: Guide to the companies Act.4. Mamta Bhargava:Guide to the companies ACT.

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External Experts

1. Mr. A.G. Krishanan CA, CS, ICWA

2. Mr. Hegde ACS, CA

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COC 434 ENTREPRENEURSHIP DEVELOPMENT

Learning Objective: The purpose of introducing this stream as an area of specializationin isto impart an ‘occupational process’ orientation to the course with a view to engenderinginthe students a craving for individual freedom, initiative and enterprise by pursuingselfemploymentand small business entrepreneurship as a viable alternative to salariedemployment.The purpose of this paper is to enable student develop understanding of entrepreneurshipasan eclectic discipline/ applied commerce as well as to familiarize him with the policy andinstitutional support system prevalent in India as a precursor to his/her eventual plungeintothe vortex of entrepreneurship.Course Contents:1. Entrepreneur-entrepreneurship-and-enterprise: conceptual issues. Entrepreneurshipversus Management. Entrepreneurship versus Intrapreneurship. Role ofentrepreneurship in economic development. Role and functions of entrepreneur inrelation to new venture creation, especially in the developing country context. Smallbusiness as the seedbed of entrepreneurship-contemporary discourse on small andmedium enterprises (SMEs).(5 Lectures)2. Theories of Entrepreneurial Emergence: Economic, Sociological and PsychologicalPerspectives. Theory of population ecology and theory of strategic choices- resourcebased theory. Entrepreneurial competencies, motivations, performance and rewards:the concept, metrics and role in entrepreneurial manifestation and sustenance. Thedynamics and techniques of directed creativity and innovation: entrepreneurship as acreative and dynamic process. Innovastion and entrepreneurial orientation in adeveloping economy. (The teachers may make use of Entrepreneurship DevelopmentInstitute of India’s Inventory of Entrepreneurial Competencies and National Instituteof Entrepreneurship and Small Business Development’s training kit for arousingentrepreneurial motivation and capacity and capability building).(10 Lectures)3. Global Entrepreneurship Monitor (GEM) Project and Total Entrepreneurship Index(TEI). India’s rank and the issues facing Indian Entrepreneurship: Prominent businessfamilies and communities. Issues involved in family business, especially thosepertaining to accessing support for one’s business ideas, assuming and asserting one’srole in family business, and, leadership succession. The contemporary role models inIndian business: their values, business philosophy and behavioural orientations. (Thestudents may be advised to develop a structured instrument (questionnaire) forinterviewing the existing entrepreneurs and conducting survey of the various aspectsof their enterprise. Alternatively, the entrepreneurs may be invited to the classroomfor sharing their experiences by means of seminars and symposia.)

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(10 Lectures)4. Policy for entrepreneurship and small business development in India. Genesis and theevolution of the Government of India’s small-scale sector policy: Gandhianphilosophy and the recommendations of the Ford Foundation team. Industrial PolicyResolutions 1956, 1977, 1991 and the reports of the relevant committees. Policyupdates. Entrepreneurial environment in India in the Post WTO scenario. Thecontemporary perspectives on Infrastructure Development, Product and ProcurementReservation, Marketing Assistance, Subsidies and other Fiscal & MonetaryIncentives. Policy shift from individual entrepreneurs/units to cluster development.Role of Industrial estates, technology parks and special economic zones in fosteringentrepreneurship development.a. Ministry of Small-scale Industries and role of the Small IndustriesDevelopment Organisation (SIDO). Ministry of science and technology.National-level financial and non-financial institutions for entrepreneurshipand small business development and their roles, functions and schemes: SmallIndustries Development Bank of India (SIDBI), National Small IndustriesCorporation (NSIC), National Institute of Small Industries andEntrepreneurship Development (NIESBUD), Entrepreneurship DevelopmentInstitute of India (EDII), National Institute of Small Industries ExtensionTraining (NISIET). Technology commissions, Commodity boards and exportspromotion councils.b. State and grass root level policies and institutions with special references toNational Capital Region. Roles, functions and schemes of Directorate ofIndustries, Institutes of Entrepreneurship Development (IEDs), State FinanceCorporations (SFCs), State Industrial Development Corporations (SIDCs),Small Industries Services Institutes (SISIs), Technical ConsultancyOrganisations (TCOs), Product and Process Development Centres, TestingLaboratories, etc. State Industrial Investment Corporations (SIICs). Nongovernmentinitiatives and government-private sector partnering.(15 Lectures)5. Reach of the various promotional programmes, evaluation of their effectiveness andthe ways and means of accessing the available help. Role of industries/entrepreneur’sassociations and self-help groups. The concept and importance of common facilities,subcontracting exchanges, vendor development cells, business incubators and venturecapital, and, their interface with the entrepreneur. (The teachers may advise thestudents to visit various financing/non-financing support agencies to familiarizethemselves with their policies/programmes and procedures and the availableschemes.)(10 Lectures)6. The idea of business and sources of business ideas. Opportunity sensing via personalobservation, vicarious experience, primary surveys and secondary data analysis. Roleof business consultants/mentors, entrepreneurship trainers, and, family-andcommunitynetworks in identifying business opportunities. Compatibility of thebusiness idea with the personal profile of the entrepreneur. Tools and techniques ofEconomy-Sector- Industry analysis and projections.(10 Lectures)

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7. Testing the idea for feasibility: technical, economic, commercial,organizational/administrative, financial. Social and environmental issues having abearing on the project. Assessing the technical feasibility of the proposed idea:business process, the extent of outsourcing/self-assumption, technical collaboration,technology transfer from domestic/overseas sources. Assessing the economicviability: private and social cost benefit analysis, break-even analysis. Assessing thefinancial feasibility: terms and conditions of financial support, analysis of overallprofitability and payback period. Commercial sustainability in terms of market-size,market-share, branding, stage in the product life cycle and distribution logistics.(15 Lectures)

SMALL BUSINESS VENTURING AND MANAGEMENT

Significance of writing the business plan. Contents of business plan. Designingbusiness processes, location, layout, operation, planning & control; preparation ofproject report (various aspects of the project report such as size of investment,nature of product, market potential etc. may be covered). Project appraisal byexternal agencies, such as financial/non-financial institutions.(10 Lectures)2. Procedure for setting up small business in India. Preliminary registration with theDirectorate of Industries (DIs)/District Industry Centre (DIC): its requirementsand benefits. Single window clearance scheme. Getting the allotment of industrialspace/shed and other utilities. Preliminary contracts with the vendors, suppliers,bankers, principal customers and the aspects of contract management. Basic startupproblems.

Business Environment:

Business Structure:Evolution from local to global state- Changing Scenario since liberalization – Concept ofBusiness Structure- Structural relationship of Business components – like trade, Industry,commerce & services – role of business associationsBusiness Environment:Concept & Significance - Economic - political - Social -Technological - Legal - Cultural& Ecological Environment. Inter - dependence of Business& Environment- Nationalpriorities & fiscal concessionsInternational Environment:International trading environment (overview); Trends in world trade and the problems ofdeveloping countries; foreign trade and economic growth; International Economicgroupings; International economic institutions - GATT, WTO. UNCTAD, World Bank,IMF, GSTP; Counter trade.

Suggested Readings:1. Brandt, Steven C., “The 10 Commandments for Building a Growth Company”,Third Edition, Macmillan Business Books, Delhi, 1977.

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2. Bhide, Amar V., “The Origin and Evolution of New Businesses” , OxfordUniversity Press, New York, 2000.3. Desai, Vasant., “Small Scale Enterprises Vols. 1-12” , Mumbai, HimalayaPublishing House. (Latest edition).4. Desai, Vasant., “Dynamics of Entrepreneurial Development and Management,”Mumbai, Himalaya Publishing House. (Latest edition).5. Dollinger, Mare J., “Entrepreneurship: Strategies and Resources” , Illinois,Irwin, 2004.6. Holt, David H., “Entrepreneurship: New Venture Creation”, Prentice-Hall ofIndia, New Delhi, latest Edition.7. Jain, Arun Kumar., “Competitive Excellence: Critical Success Factors” , NewDelhi: Viva Books Limited, 2002. ISBN-81-7649-272-8.8. Kao, John J., “The Entrepreneurial Orgasnisation”, Englewood Cliffs, NewJersey: Prentice-Hall, 1991.9. Langois, Richard N., Yony Fu-Lai Yu and Robertson, (Eds.), “The InternationalLibrary of Critical Writings in Economics” , Vols. I-III, Cheltenham, UK: Elgar,2002. ISBN-1-8598-758 X.10. McIntyre and Bruno Dallago, (Eds.), “Small and Medium Enterprises inTransitional Economies” , New York: Palgrave MacMillan in association with theUnited Nations University/ World Institute for Development Economics Research(UNU/WIDER), 2003.11. Panda, Shiba Charan., “Entrepreneurship Development” , New Delhi, AnmolPublications. (Latest Editions)12. Patel, V. G., “The Seven Business Crises and How to Beat Them”, Tata-McGraw,New Delhi, 1995.13. Plsek, Paul E., “Creativity, Innovation and Quality” , (Eastern Economic Edition),New Delhi: Prentice-Hall of India, 2000. ISBN-81-203-1690-8.14. Roberts, Edward B., (Ed.), “Innovation: Driving Product, Process and MarketChange” , San Francisco: Jossey Bass, 2002. ISBN-0-7879-6213-9.15. SIDBI Report on Small Scale Industries Sector (Latest Editions)16. Singh, Nagendra P. , “Emerging Trends in Entrepreneurship Development” , NewDelhi: ASEED, 1995.17. Storey, D. J., “Small Business: Critical Perspectives on Business andManagement” , London: Routledge, 2000.18. Taneja, Satish and S.L Gupta,. “Entrepreneurship Development-New VentureCreation” , Galgotia Publishing House, New Delhi, Latest Edition.19. Verma, J.C., and Gurpal Singh, “Small Business and Industry-A Handbook forEntrepreneurs” , New Delhi, Sage, 2002.20. Vesper, Karls H, “New Venture Strategies” , (Revised Edition), New Jersey,Prentice-Hall, 1990.Articles1. Greiner, Larry E., “Evolution and Revolution As Organisations Grow” , HarvardBusiness Review, July-August 1972, pp. 37-46.2. Kazmi, Azhar, “What Young Entrepreneurs Think and Do: A Study of SecondGeneration Business Entrepreneurs,” The Journal of Entrepreneurship, 8, No. 1,1999, pp. 67-78.

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3. LeBraseur, Rolland, Zatubbi, Louis and Zinger, J.Terrence, “Growth Momentum inthe Early Stages of Small Business Start-ups,” International Small Business Journal,21 (3), pp.315-330.4. Levinson, Harry, “Conflists that Plague Family Business,” Harvard BusinessReview, March-April 1971.5. Levitt, “Marketing Myopia, “ Harvard Business Review, July-August 1960, Reprintsof Selected Articles: McKinsey Award Winners, pp. 123-134.6. Manimala, Mathew J, “Emergence of Pioneering-Innovative (PI) Entrepreneurship:A Psychological Model,” Abhigyan, Spring 1989, pp. 85-113.7. McClelland, “Achievement Motivation Can Be Developed,” Harvard BusinessReview, 43, No. 6, Nov.-Dec. 1965, pp. 6-16, 20-25, 178.8. McClelland, David C., “Business Drive and National Achievement” , HarvardBusiness Review, July-august 1962, in Reprints of Selected Articles on InternationalBusiness ,pp. 41-53.9. Nafziger, Doughlas W., Jeffrey S. Hornby and Donald Kuratko, “A ProposedResearch Model of Entrepreneurial Motivation,” Entrepreneurship Theory andPractice 18, No. 3, Spring 1994, pp. 29-42.10. Shastri, Ranjit, “angels for New Financial Heights,” Swagat, Vol. 22, No. 2,February 2001.11. Stavrou, Eleni T., “Leadership Succession in Owner-managed Firms through theLens of Extraversion,” International Small Business Journal, 21 (3), pp. 331-347.12. Tripathy, Dwijendra, “Indian Entrepreneurship in Historical Perspective,” Economicand Political Weekly, 6 No. 22, May 29, 1971, pp. M59-M66.

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COC 435 Organizational Behavior

1. Organizational Behaviour - Definition - Importance - Historical Background -Fundamental concepts of OB - 21st Century corporates - Different models of OB i.e.autocratic, custodial, supportive, collegial and SOBC

2. Perception Process - Nature & Importance - Perceptual Selectivity - PerceptualOrganization - Social Perception - Impression Management ( 8 Hours)

3. Personality & Attitudes - Meaning of personality - Development of personality -Nature and dimensions of attitude - Job Satisfaction - Organizational Commitment

( 7 Hours)

4. Learning - Process of Learning - Principles of Learning - Organizational RewardSystems - Behavioural Management

5. Motivation - Motives - Characteristics - Classification of motives - Primary Motives -Secondary motives - Morale - Definition and relationship with productivity - MoraleIndicators ( 8 Hours)

6. Theories of Work Motivation - Maslow's theory of need hierarchy - Herzberg's theoryof job loading

7. Stress Management - Concept of stress - Sources of stress - Effects of stress on humans- Management of Stress ( 7 Hours)

8. Group Dynamics and Teams - Theories of Group Formation - Formal Organization andInformal Groups and their interaction - Importance of teams - Formation of teams - TeamWork

9. Organizational Design - Various organizational structures and their effects on humanbehaviour - Organizational Climate - Organizational Culture - OrganizationalEffectiveness ( 10 Hours)

10. Leadership - Definition - Importance - Leadership Styles - Models and Theories ofLeadership Styles

11. Management of Change - Importance - Forces responsible for change - Resistance tochange - Overcoming resistance to change - Introduction of change in the organization -Organizational Development as a toll for introduction of change ( 9 Hours)

12. Conflict Management - Traditional vis-a-vis Modern view of conflict - Constructiveand Destructive conflict - Conflict Process - Strategies for encouraging constructiveconflict - Strategies for resolving destructive conflict

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13. Total Quality Management - Techniques of TQM - Reengineering - Empowerment -Benchmarking - Down Sizing - Learning Organizations ( 10 Hours)

Books Recommended

1. Organizational Behaviour, 9th Ed. - Stephen Robbins

2. Human Behaviour at work - Davis and Newstorm

3. Organizational Behaviour - Uma Sekaran

4. Organizational Behaviour - Fred Luthans

5. Organizational Behaviour - K.Aswathappa

6. Human Behaviour at Work - Keith Davis

7. Organizational Behaviour - Jit S.Chandran

8. Human Relations & Organizational Behaviour - R.S.Dwivedi

9. Organizational Behaviour - McShane

10. Organizational Behaviour – Sharma

11. Organizational Behaviour – Debra L. Nelson

12. Organizational Behaviour – Hick (Wiley Publishers)

External Experts

1. Mr. George

2. Dr. Poornima Maheshwari

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COC 531 BANKING LAW & PRACTICE:

OBJECTIVE:The objective of this course is to acquaint students with the theoretical, legal andpractical aspects of modern banking.

LEVEL OF KNOWLEDGEBasic Knowledge on the rest

UNIT 1: Introduction to Banking: 10 Hrs.

Bank-significance of banks-brief history of banking in India- Laws affecting banking-Banking defined-Different types of Banks and functions. Distinction between NBFC andBanks. Brief discussion on commercial banks, Development Banks and CooperativeBanks; Commercial banks-nationalized banks and private banks-types of commercialbanking-unit branch-universal-virtual etc. information technology in banking- modernbanking services- standing instructions, remittances, core banking, debit credit andbranded cards- ATM- Portfolio, investment, insurance, lockers etc- includinginternational practices. ( Selective)

UNIT 2: Bank Deposits and Lending: 12 Hr’s

Different types of deposits accepted by banks – current-savings-recurring-reinvestmentetc. usefulness and usage – Bank Lending-types-Loans, Overdraft and Cash credits-Concept of ‘Loan creates deposits’ – limitation of lending- non funded advances-guarantees and letter of credits –general lending aspects-securities foa loans-workingcapital facilities –margin money and drawing power-export credits (brief)-RBI role incontrol of banking operations-credit control and types of (brief) (overlapping of topicscovered in COP233 must be avoided)

UNIT 3: Bank Management ( Statutory Regulations): 2 HrsDemand and Time Liabilities and Reserve Rations- Tier system of Capital- BaselCommittee norms- Non- performing Assets

UNIT 4: Banker & Customer: 14 Hrs.

Banker and Customer- meaning and definitions-relevant provisions of BankingRegulations Act – Case Laws applicable- Relationships between-general and special (allspecifics)-rights and duties of banker and customer- cessation of relationship-types ofaccount holders-and account opening- special considerations in opening and operating ofaccounts of individuals-firms-HUF- trusts-clubs-receivers-companies; minors, mentallyand physically challenged-operating procedures in the event of death, insanity andinsolvency of the customer-Non Resident accounts-Bank Pass books and statements-effect of entries there on – Bankers book of evidence. Simple case related problems onany of the topics.

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UNIT 5: Negotiable Instruments:10 Hrs.

Meaning of – meaning of negotiation and its features – characteristics of negotiableinstruments – Cheque and it’s distinction from bill of exchange and promissory note-truncated instruments- quasi negotiable instruments-relevant sections of the negotiableinstruments Act – Endorsements - -types of and effect of endorsements – crossing ofCheques – types and effect of crossing-practices- case laws.

UNIT6: Paying Banker: 6 Hrs.

Meaning of paying banker – duty of a paying banker- payment in due course – groundsfor dishonor of Cheques- stop payment and garnishee order- protection to a payingbanker under the negotiable instruments Act for open and crossed Cheques- conditions tobe satisfied- marking of Cheques- case Laws- simple case related problems on any of thetopics

UNIT 7: Collecting Banker: 6 Hrs.

Meaning of Collecting Banker – duties of collecting banker- liability for conversionHolder, Holder in due course and Holder for value – privileges of a Holder inDueCourse-protection to a collecting banker under the Negotiable Instruments Act- CaseLaws. Simple case related problems on any of the topics.

SKILL DEVELOPMENT: List down with features, the different Credit Cards offered by two different banks. Trace the history of development of Credit Cards. Analyze the Balance Sheet of a Bank and its major sources of income. Compare A/c opening form for SB A/c and Current A/c of two different Banks. Assuming you be a banker list down the questions you will ask a prospective

customer seeking a business loan. Draw specimen of Cheques with different types of crossing and endorsements. Collect loan applicant form of a bank ( for at least two types of loans) and list

down significant information required therein.

BOOKS FOR REFERENCE

1. Tannan M.L: Banking Law and Practice in India2. Bedi h.l & Haridar V.K: Practical Banking Advances3. Sheldon H.P: Practice and Law of Banking.4. Bedi H.L: Theory and Practice of Banking5. Shekar K.C: Banking Theory Law and Practice6. Varshaney: Banking Law and Practice.

External Experts

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1. Dr Prakash

2. 1. Dr Poornima Maheshwari

COC 532 Income Tax Law and Practice

Duration: 3 hours Max. Marks: 75Objective: To provide basic knowledge and equip students with application ofprinciplesand provisions Income-tax Act, 1961.Expected learning outcome: Students will gain a working knowledge regardingcomputation of taxable income and tax liability pertaining to individuals/firms.Unit S. No. Contents Number oflecturesUnit I 1.1 Basic concept: income, agricultural income, person,assessee, assessment year, previous year, gross totalincome, total income, maximum marginal rate of tax.3Unit II 2.1 Residential status 42.2 Scope of total income on the basis of residentialstatus22.3 Exempted income under section 10 2Unit III 3.1 Computation of income under different heads- Salaries 143.2 - Income from house property 43.3 - Profits and gains of business or profession 93.4 - Capital gains 113.5 - Income from other sources 2Unit IV 4.1 Total income and tax computation- Income of other persons included in assessee’s totalincome24.2 - Aggregation of income and set-off and carryforward of losses24.3 - Deductions from gross total income 74.4 - Rebates and reliefs 24.5 - Computation of total income of individuals andfirms44.64.7- Tax liability of an individual and firm

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- Five leading cases of Supreme Court12Unit V 5.1 Preparation of return of income- Manually 25.2 - Through software 2Suggested readings:1. Singhania, Vinod K., and Monica Singhania,., “Students’ Guide to Income Tax” ,Taxmann Publications Pvt. Ltd., New Delhi.2. Ahuja, Girish and Ravi Gupta, “Systematic Approach to Income Tax,” Bharat LawHouse, Delhi.3. Chandra, Mahesh., S.P. Goyal and D.C. Shukla, “Income Tax Law and Practice” ,Pragati Prakashan, Delhi.4. Pagare, Dinkar., “Law and Practice of Income Tax” , Sultan Chand and sons, NewDelhi.5. Mehrotra, H.C., “Income Tax Law” , Sahitya Bhawan, Agra.6. Lal, B.B., “Income Tax Law and Practice” , Konark Publications, New Delhi.7. Singhania, Vinod K. and Kapil Singhania, “Tax Computation on CD” , TaxmannPublications Pvt. Ltd., New Delhi.Journals1. Income Tax Reports, Company Law Institute of India Pvt. Ltd., Chennai.2. Taxman, Taxmann Allied Services Pvt. Ltd., New Delhi.3. Current Tax Reporter, Current Tax Reporter, Jodhpur.

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COC 532 INVESTMENT MANAGEMENTObjectives

Understand the meaning, nature and role of investment companies/mutual funds..

Understand how mutual funds are organized

Understand the process of computation of net asset value

Understand the portfolio management process in investment companies

Understand the marketing aspects of management of investment companies

Understand the regulatory environment of investment companies

Detailed contents

Unit 1 (5 hours)

The Origins of Pooled Investing and Investment

Investment Companies-Mutual Funds, Closed-end funds, Unit Investment Trusts, Exchange

Traded Funds

Nature of operations of investment companies

Role of investment companies in economic growth; Benefits to the economy

Unit 2

Mutual Fund Organizations (10 hours)

Meaning

Organization of a Mutual Fund

Types of funds

Classification by structure- Open ended, closed ended and interval funds

Classification by investment objective- Growth Funds, Income Funds, Balanced Funds,

Money Market Funds

Classification on the basis of composition-Debt, Equity and Hybrid

Classification on the basis of expense load- Load funds and non-load funds

Specialty funds-Sector funds

Large Cap, Mid-cap/Small cap funds

Index Funds, Exchange Traded Funds, Gilt Funds, Fund of funds, Real estate funds

International mutual funds

Concept of NAV-Computation-Simple problems on NAV computation

Unit 3

Management of investment companies- portfolio management (15 hours)

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Portfolio Management Process in Mutual funds-Setting investment goal, identification of specific

securities, portfolio design and portfolio revision-Simple problems

Performance measures of mutual funds-Sharpe’s Measure, Treynor’s Measure, Jensen’s Measure-

Simple problems

Unit 4

Management of investment companies -marketing aspects (10 hours)

Marketing plan-Product Design and Range, Brand policy, Pricing, Costs, Customer Service,

Distribution Channels, Cross selling

Market Analysis for mutual funds-Environment, Industry, company and customer related factors

Unit 5

Management of investment companies -Legal Aspects and Obligations (10 hours)

Regulatory Framework in India- Salient Features of SEBI (Mutual Funds) Regulations 1996-

Constitution and management of mutual funds, asset management companies, launching of

mutual funds, disclosure in offer documents, advertisement code, investment restrictions and

valuation of assets, limits on expenses, periodic disclosures.

Association of Mutual Funds in India (AMFI)-Role- Code of Ethics

Case studies should form part of the instruction.

Skill Building

Collect advertisements of some mutual funds and analyse the extent of compliance with SEBI

Regulations.

Collect the offer documents of some mutual funds and analyse their contents with reference to

SEBI regulations.

Select a mutual fund offering and analyse the strategies adopted to market the mutual fund units.

Collect the NAV information on some mutual fund units and understand the calculation process.

Reference Books:

The Mutual Funds Business- Robert C.Pozen (Cengage)Mutual Funds in India- Amitabh Gupta (Anmol Publications)1. Mutual Funds in India- Daryab Singh (Rajat Publications)2. Indian Mutual Funds Handbook- Sankaran S (Vision Books)3. Mutual Funds in India: Marketing Strategies and Investment Practices- H. Sadhak (Sage

Publications)

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External Experts

1. Mr. George

2. Dr. Poornima Maheshwari

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COC 534 FINANCIAL MANAGEMENT - 1HOURS : 60

Course Objective: To provide an in –depth understanding of managementtools and techniques used in Financial Management of organizations.

Module-I: Nature of Financial Management:Meaning, Significance & Objectives of Financial Management,The Art andScience of Financial Management, Concept of Profit Maximization and WealthMaximization,Risk-Return Trade-off, Present Value of Money, Finance Manager-Role and Responsibilities, Scope of Financial Management in an Organization.

5hrs

Module -2:Working Capital Management:Concept and Definition of Working Capital, Needs for Working Capital,Permanent and Temporary Working Capital, Determinants of Working CapitalWorking Capital Policies, Operating Cycle Concept, Working Capital Financing.Management of Cash and Marketable Securities: Motives of Holding Cash,Objectives of Cash Management, Cash Budget, Basic Strategies of CashManagement. Marketable Securities: Meaning and Characteristics .Receivables Management : Concept and Objectives. Inventory Management:Concept and Techniques.Problems :1.Advanced problems in estimation of working capital Requirements oforganizations .2.Estimation of Operating Cycle.3.Advanced problems in preparation of Cash Budgets4.Basic problems in Receivable and Inventory Management.Case Analysis : A study on working capital Management strategies adoptedby different Companies in India. 20hrsModule -3:Capital Budgeting:Nature of Capital Budgeting :Meaning and Importance,Evaluation Techniques:Non-discounted and discounted cash flow approaches, Pay Back Period,Average Rate Return, Net Present Value, Internal Rate Return, ProfitabilityIndex, Ranking of competing projects using different TechniquesProblems : Advanced Problems in various capital Budgeting Techniques .

20hrsModule 4 - Cost of capital & Capital structures:Concept and Measurement of Cost of capital: Cost of Debt, Equity Capital,Retained Earnings, Preference Share Capital, weighted Average Cost of Capital,Capital Structure: Introduction, Net Income Approach, Net operating incomeApproach ,Modigiliani-Miller Approach ,Traditional Approach,

Problems: Basic problems in Cost of Capital and Capital Structure Theories.10hrs

Module 5- Leverages:

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Concept of Business and Financial Risk, Operating Leverage, FinancialLeverage,Combined Leverage-suitability of Leverages for different businesssituations, Concept of Trading on Equity.Problems :Basic Problems using various Leveraging Techniques.

Case Analysis:Study on Leveraging techniques adopted by leading companiesin India 5hrsRecommended Reading:1.M.Y. Khan &P.K Jain: Financial Management -Tata Mcgraw-Hill publishingcompany2.James C.Van Horne: Fundamentals of Financial Management,- Prentice- HallIndia.3.Ravi.M.Kishore: Financial Management-Taxman Publications4.Institute of Company Secretaries of India: Financial Treasury and ForexManagement.

SKILL DEVELOPMENT:

1.Design a working capital policy suitable for a manufacturing unit.2.Study the wealth maximization techniques adopted by various corporates inIndia.3 Compare the performance of a highly leveraged and a low leverage

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COC 535 ADVANCED FINANCIAL ACCOUNTING-I

ObjectiveTo acquire knowledge in company accounts

Level of KnowledgeAdvanced Knowledge

UNIT 1 Underwriting:Meaning & Terms used in Underwriting; Statutory provisions; Sebi Guidelines; Markedand unmarked applications; Types of underwriting; Firm underwriting; Problems ofComputation of Gross liability, commission and Net liability with journal entries in thebooks of company and underwriter

UNIT 2. Redemption:Redemption of preference shares- Statutory provisions; problems with journal entries onredemption of preference shares. Redemption of debentures – redemption by purchase;redemption by annual drawings; redemption by conversion; sinking fund method. Buyback of shares- statutory provisions, simple questions on buy back

UNIT 3. Profits prior to incorporation; Problems on computation of profits prior toincorporation

UNIT 4. Final AccountsStatutory requirement on books of accounts, [profit and loss account, Balance sheetDividends $ disclosures; Presentation formats; [problems on final accounts withtreatment of special items taxation, dividends, corporate dividend tax. Managerialremuneration – Statutory provisions; calculation of profits for managerial remuneration;Simple problems on calculating maximum permissible remuneration.

UNIT 5. Amalgamation, Absorption & External reconstructionMeaning; Statutory provisions ; AS-114; Types of Amalgamation; Purchaseconsideration; Methods of Calculating purchase consideration; Problems on accountingentries in the books of amalgamation and amalgamated company with relevant ledgeraccounts and balance sheet; Problems based on intrinsic value of shares.

UNIT 6. Internal ReconstructionMeaning 7 Objective; Statutory provisions; Problems on accounting entries andpreparation of balance sheet after reconstruction

UNIT 7. Liquidation Of Companies

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Meaning; Statutory provisions on liquidation, preferential creditors & overridingpreferential payments; format of statement of affairs; problems on preparation ofstatement of affairs and preparation of liquidators final statement of account; list Bcontributories.

Skill Development

1. Collect information regarding under writing terms and clauses and withreference to sebi guidelines by referring the red herring prospectus ofrecent IPOs.

2. Collect information of companies which recently got amalgamated andinformation of their

Taxation Valuation of shares and terms of merger Balance sheet and profit and loss account after amalgamation

Books for Reference:

1. Financial Accounting Dr. S.N. Maheswari2. Advanced Accounting Grewal and Shukla3. Advanced Accounting P.C. Tulasian4. Financial Accounting Jain & Narang5. Accounting Standards Institute of Chartered Accountants of India

External Experts

1. A.G. Krishnan

2. Mr. Srinivas

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COC 631 ADVANCED FINANCIAL ACCOUNTING – II

UNIT 1. Holding Company AccountsMeaning of holding &subsidiary company; statutory provision on accounts of HoldingCompany& subsidiary Company ;Problems of preparation of CONSOLIDTAEDACCOUNTS WITH adjustments pertaining to debentures , inter company dividends,proposed dividends, unrealized profit on stocks, issue of bonus shares , preference sharesheld etc.

UNIT 2. Accounts of Banking Companies:Introduction and meaning- books of accounts to be maintained by banking companies-special features of bank accounting – items requiring special attention in preparing finalaccounts rebate on bills discounted statutory reserves statutory liquidity Ratio cashreserve RATION INCOME FORM NON – PERFORMING ASSTES basis of treating acredit facility as NPA assets classification and provisions preparation of final accountsaccording to the guidelines of RBI and banking regulation Act of 1949. Capital adequacynorms- tier I and II.

Unit 3. Accounts of Insurance Companies:Meaning type of insurance Life insurance general insurance accounts of life insurancebusiness statutory and subsidiary books determination of net liability and amount due topolicy holders preparation of revenue accounts and balance sheet according to IRDAguidelines general insurance companies – fire insurance marine insurance andmiscellaneous insurance provisions relating to the treatment of reserves fund preparationof revenue account, Profit and loss account, profit and loss appropriation account andbalance sheet account to the guidelines of IRDA. Relevant provisions of insurance Act1938 and IRDA, 1999.

Unit 4. Double Account System:Introduction characteristics and features of double account system formats differencesbetween double account and single account system advantages and limitations of doubleaccount system replacement of account under double account system (journal entries &ledger accounts ) Accounting treatment under Double Account System Final Accounts ofElectricity Supply Companies Revenue Account Net Revenue Account Capital Accountgeneral Balance sheet – important provisions

Unit 5. Investment AccountsTypes of investments ; AS-13; Simple Problems on Accounting for investment in thebooks of investor and broker

Unit 6. Human Resource Accounting ( Theory only) 4 HrsMeaning;Concept;Valuation; Types of Valuation

Unit 7. International Accounting Standards 7 HrsInternational Financial Reporting Standard ( IFRS) (THEORY ONLY)Overview of International Reporting Interpretation Committee (IFRIC)

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Significant difference vis-avis Indian Accounting Standards

SKILL DEVELOPMENT1. Collect information of holding companies, their presentations and formats of

financial statements2. Collect information of items appearing under schedule 12 of banking company

balance sheet3. Analyze schedule 9- advances of any banking companies balance sheet for three

years4. Procure information relating to non performing assets of any banking company5. Collect information of insurance companies, their presentations and formats of

financial statements6. Collection of details with respect to Indian GAAP and US GAAP and IFRS of

Indian companies listed outside India by referring to Financial statements andtheir reports

BOOKS FOR REFRENCE1. Financial Accounting Dr. S.N. Maheswari2. Advanced Accounting Grewal and Shukla3. Advanced Accounting P.C.Tulasian4. Fainancial Accounting Jain & Narang5. Accounting Standards Institute of Chartered Accountants of India

External Experts

1. Mr. Srinivas

2. Mr A.G. Krishnan

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COC 632 HUMAN RESOURCES MANAGEMENT:

Course Objective:

To understand the basic concepts or Human Resource Management and its relevance incorporate world. The course explores the present national and International scenario.

Level of Knowledge:

Students are expected to have a thorough knowledge on the first three modules andreasonably good awareness in the remaining modules.

Module-1

Perspectives in human Resource management:

Meaning and definition of HRM – Purpose and Role of HRM – HR policies- traditionalrole of HR. 08 hrs

Module-2

Meeting Human Resource requirements:

Job Analysis, Job Description, Human Resource Planning, Recruitment, Sources ofRecruitment, selection Process, Methods – Interview, placement and Inductionseparation. 10 hrs

Module-3

Training and developing Employees:

Training needs assessment, methods of training, types of training, development,performance appraisal, and various types of performance appraisal, career development

10 hrs

Module-4

Motivation and leadership

Motivation-moral-theories of motivation-Leadership-theories of Leadership-promotion-transfer Deviant workplace behaviour-attrition.

Module-5

Labour relations

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Overview of Industrial Relation- Industrial disputes- Negotiation-Discipline-Disputesettlement. 10 hrs

Module-6

Recent Challenges in HR

Recent developments in HR-Strategic Human resource Management- Global trend &their influence on Practices. 10 hrs

Skill Development:

1. Prepare a chart comparing the methods of recruitment done in tow differentcompanies.

2. Compile a list of companies where freshers with Commerce and Managementbackground apply to kick-start their career. Analyse the jobs they do, minimumyears spent with the first company.

3. Study the process of performance appraisal done in a company. Report thecommensurate improvements if any after the appraisal on the employees.

4. Identify the measures adopted by the BPO and IT sector to check the level ofattrition.

5. Prepare a list of all the finance officials in a company; enlist their roles, writedown their job description, approx. salary. Also compare specifically the changesin job description and remuneration package with respect to last five years.

Books for reference

1. Edwin Flippo Personal management.2. Dr. C.B Gupta Human Resource Management.3. V.S.P Rao Human Resource Management.4. Gray Dessler.

External Experts

Mr. Rahul CAIB

Mr. Srinivas

Suggested Readings:

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1. Pramod Verma: Personnel Management in the Indian Organizations Oxford &IBM Publishing Co. Ltd.

2. Sadri s: A case study Approach to HRM3. S.S Khanna Human Resource Management (Text and Cases)

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COC 633 International Business and GlobalizationInternational Business

Objective: The objective of the course is to expose students to the concept, importanceanddynamics of international business and India’s involvement with global businessoperations.The course also discusses theoretical foundations of international business to the extenttheseare relevant to understand the mechanics of global business operations and development.No. ofLecturesUnit – I1. Introduction to International Business: Globalisation and its growingimportance in world economy; Impact of globalization; International businesscontrasted with domestic business - complexities of international business;Modes of entry into international business.62. International Business Environment: National and foreign environments andtheir components - economic, cultural and political-legal environments;Global trading environment - recent trends in world trade in goods andservices; Trends in India’s foreign trade.8Unit –II3. Theories of International Trade – an overview; Commercial PolicyInstruments - tariff and non-tariff measures; Balance of payment account andits components.74. International Organisations and Arrangements: WTO – Its objectives,principles, organizational structure and functioning; An overview of otherorganizations – UNCTAD, World Bank and IMF; Commodity and othertrading agreements.8Unit –III5. Regional Economic Co-operation: Forms of regional groupings; Integrationefforts among countries in Europe, North America and Asia.76. International Financial Environment: International financial system and 9institutions; Foreign exchange markets and risk management; Foreigninvestments - types and flows; Foreign investment in Indian perspective.Unit –IV7. Organisational structure for international business operations; Key issuesinvolved in making international production, finance, marketing and humanresource decisions; International business negotiations.98. Developments and Issues in International Business: Outsourcing and its

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potentials for India; Strategic alliances, mergers and acquisitions; Role of ITin international business; International business and ecologicalconsiderations.7Unit –V9. Foreign Trade promotion measures and organizations in India; Specialeconomic zones (SEZs) and 100% export oriented units (EOUs); Measuresfor promoting foreign investments into and from India; Indian joint venturesand acquisitions abroad.810. Financing of foreign trade and payment terms.6Suggested Readings:1. Charles, W.L. Hill., “International Business” , New Delhi: Tata McGraw-Hill, 2003.2. Johnson, ,Derbe., and Colin Turner, “International Business - Themes & Issues in theModern Global Economy”, London: Roultedge, 2003.3. Cherunilam, Francis., “International Business: Text and Cases” , Prentice Hall ofIndia Ltd., 2004.4. John, H. Daniels and Lee H. Radenbaugh,” International Business Environments andOperations, Delhi: Pearson,” (2001).5. Justin, Paul., “International Business” , Prentice Hall of India Ltd., 2003.6. Michael R. Czinkota., et. al., “International Business” , Fortforth: The Dryden Press,2002.7. RBI, Report on Currency & Finance, various issues.8. Griffin ,Ricky and Michael W. Pustay, “International Business - A ManagerialPerspective” , Upper Saddle River, NJ: Prentice Hall, 2003.9. Bennett, Roger, “International Business” , Delhi: Pearson, 1999.10. UNCTAD Reports.11. WTO, Annual Report, various issues.

POLITICS OF GLOBALISATION

1. Concept of Globalisation: Globalisation debate; for and against.2. Approaches to understanding globalisation:a. Liberal approachb. Radical approach3. International Institutions/Regimesa. World Bankb. International Monetary Fundc. The World Trade Organisation4. Issues in Globalisation: Alternative Perspectives on its nature and character, criticaldimensions: economic, political and cultural5. Globalisation and democracy: State, sovereignty and the civil society.6. Globalisation and Politics in developing countriesa. Globalisation and social movementsb. Globalisation and the demise of Nation State

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c. Globalisation and human migration7. The inevitability of globalisation: Domestic and Global responses

Suggested Reading:1. Anthony Giddens, The Globalizing of Modernity.2. Arjun Appadurai, Modernity at Large: Cultural Dimensions of Globalisation,University of Minnesota Press, 1996.3. David E. Korten, Niconor Perlas and Vandana Shiva (ed.), International Forum ofGlobalisation.4. Deepak Nayyar (ed.) Governing Globalisation: Issues and Institutions, OxfordUniversity Press, 2002.5. Held, David and Anthony Mc grew (ed.), The Global Transformation Reader: Anintroduction to the Globalisation Debate, 2nd Cambridge, Polity Press, BlackwellPublishing.6. Jagdish Bhagwati, In defense of Globalisation, Oxford University Press, 2004.7. John Stopford, Multinational Corporations, Foreign Policy, Fall, 19988. Joseph E Stiglitg, Globalisation and its discontents.9. Keohane Rebert and Joseph S. Nye Jr., Globalisation: What is new, what is not.10. Kofi Annan, The politics of Globalisation,11. Marc Lindenberg and Coralie Bryant, Going Global: Transforming Relief andDevelopment NGOs, Bloomfield, Kumarian Press.12. Noreena Hertz, The silent take over: Global Capitalism and the death of Democracy,Praeger, 2000.13. Nye Joseph S and John D. Donanu (ed.) Governance in a Globalizing World,Washington dc, Brookings.14. Nye Jr. Joseph S, Globalisation and American Power.15. Pilpin Robert, The National State in the Global Economy.16. Samuel Huntington, the clash of Civilizations and the Remaking of world order.17. Stanley Hoffman, Clash of civilizations,18. Tyler Cowen, Creative Destruction: How Globalisation is changing the world’sculture, New Jersey, Princeton University Press, 2000.Additional Reading1. Brahis John and Steeve Smith (ed.) The Globalisation of World Politics: AnIntroduction to International Relations, Oxford University Press, 2001.2. John Clark (ed.), Globalising Civic Engagement: Civil Society and TransnationalAction, London, Earthscan, 2003.3. Sanjeev Khagram, James Riker and Korthrxu Sikkink (ed.) Restructuring WorldPolitics: Transnational Social Movements, MN, University of Minnesota Press, 2002.4. Bernard Hoelkman and Michel Kostecki, the Political Economy of the WorldTrading System: From GATT to WTO, New York, OUP, 1995.

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COC 634 Financial Institutions, Services

FINANCIAL MARKETS, INSTITUTIONS AND FINANCIAL SERVICES

Objective: To provide the student an overview of financial markets and institutions inIndiaand to familiarize them with important fee and fund based financial services in India.COURSE CONTENTSUnit-I:1. An Introduction to Financial System, its Components – financial markets andinstitutions. Financial intermediation. Flow of funds matrix. Financial system andeconomic development. An overview of Indian financial system. (8 Lectures)Unit-II:2. Financial Markets: money market – functions, organization and instruments. Roleof central bank in money market. Indian money market – an overview.Capital Markets – functions, organization and instruments. Indian debt market.Indian equity market – primary and secondary markets. Role of stock exchanges inIndia. SEBI and investor protection. (17 Lectures)Unit-III:3. Financial Institutions: commercial banking – introduction, its role in project financeand working capital finance. Development Financial institutions (DFIs) – overviewand role in Indian economy. Life and non-life insurance organizations in India.Mutual Funds – introduction, and their role in capital market development. Nonbankingfinancial companies (NBFCs). (20 Lectures)Unit-IV:4. Overview of financial services industry. Merchant banking – pre and post issuemanagement, underwriting. Regulatory framework relating to merchant banking inIndia. (8 Lectures)Unit-V:5. Leasing and hire – purchase. Consumer and housing finance. Venture capital finance.Factoring services, bank guarantees and letter of credit. Credit rating. Financialcounseling. (22 Lectures)

Suggested Readings:1. Bhole, L.M., “Financial Markets” , and Institutions Tata McGraw-Hill PublishingCompany, 1982).2. Khan, M.Y., “Indian Financial System – Theory and Practice”, (New Delhi: VikasPublishing House, 1980).3. Avadhani, V.A., “ (Bombay: Jaico Publishing Company, 1978).4. Dhanekar, “Pricing of Securities”, (New Delhi: Bharat Publishing House, 1994).5. Prasanna, Chandra., “Financial Management: Theory and Practice”, (Tata McGraw-Hill Publishing Company Ltd., New Delhi, 1994).6. IDBI Annual Reports.7. Sinha, S.L.N., “Development Banking in India” , (Madras: Institute of FinancialManagement and Research, 1976).8. Sharma, G.L., and Y.P. Singh, (eds.) “Contemporary Issues in Finance and

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Taxation”, (Academic Foundation, Delhi, 1993).9. Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.10. Singh, J.K., “Venture Capital Financing in India,” – Dhanpat Rai and Company, NewDelhi.

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COC 634 CORPORATE TAX PLANNING

Objective: To provide in-depth knowledge of direct tax laws and their impact ondecisionmaking.Expected learning outcome: Students will get working knowledge regarding legitimatewayof tax planning under different provisions of the Income-tax Act, 1961. A study of thispaperwill be helpful in taking different financial/managerial decisions after taking intoconsideration the impact of direct tax laws.Unit S.No.Contents Numberof lecturesUnit I 1.1 Tax planning, tax management, tax evasion, tax avoidance. 2Unit II 2.1 Corporate tax in India 12.2 Types of companies 22.3 Residential status of companies and tax incidence 22.4 Tax liability and minimum alternate tax 22.5 Tax on distributed profits 1Unit III 3.1 Tax planning with reference to setting up of a new business:Locational aspect, nature of business, form of organisation.123.2 Tax planning with reference to financial management decision -Capital structure, dividend including deemed dividend andbonus shares43.3 Tax planning with reference to specific management decisions -Make or buy; own or lease; repair or replace73.4 Tax planning with reference to employees’ remuneration 53.5 Tax planning with reference to sale of scientific research assets 23.6 Tax planning with reference to receipt of insurancecompensation33.7 Tax planning with reference to distribution of assets at the timeof liquidation2Unit IV 4.1 Special provisions relating to non-residents 44.2 Doubt taxation relief 24.3 Provisions regulating transfer pricing 44.4 Advance rulings 2Unit V 5.1 Tax planning with reference to business restructuring- Amalgamation 45.2 - Demerger 45.3 - Slump sale 4

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5.4 - Conversion of sole proprietary concern/partnership firm intocompany45.5 - Transfer of assets between holding and subsidiary companies 2__Suggested Readings:1. Singhania, Vinod K., Kapil Singhania and Monica Singhania, “Direct Taxes Planningand Management” , Taxmann Publications Pvt. Ltd., New Delhi.2. Ahuja, Girish., and Ravi Gupta, “Corporate Tax Planning and Management” , BharatLaw House, Delhi.3. Pagare, Dinkar., “Direct Tax Planning and Management” , Sultan Chand and sons,New Delhi.4. Goyal, S.P., “Direct Tax planning” , Sahitya Bhawan, Agra.5. Acharya, Shuklendra and M.G. Gurha, “Tax Planning under Direct Taxes” , ModernLaw Publication, Allahabad.6. Mittal, D.P., “Law of Transfer Pricing” , Taxmann Publications Pvt. Ltd., New Delhi.Journals1. Income Tax Reports, Company Law Institute of India Pvt. Ltd., Chennai.2. Taxman, Taxmann Allied Services Pvt. Ltd., New Delhi.3. Current Tax Reporter, Current Tax Reporter, Jodhpur.

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COC 635 INSURANCE AND RISK MANAGEMENTDuration: 3 hours Max. Marks: 75Objective: Now a days, insurance is a booming industry providing a lot of jobopportunitiesto young educated youths. Keeping this in view, the university has thought of addinginsurance as one of the subject at graduate level. It will help the students to learn thebasicsand fundamentals of insurance principles and practices being practiced in the insuranceindustry. The knowledge in this field of insurance may help the students to adopt this as acareer.Expected Learning Outcome: The study of insurance subject would enable the studentstounderstand the basic and fundamental principles of Insurance and risk Managementwhichthey can understand and apply in their individual lives or in the insurance professionaltheyintend to adopt as a career.Unit IIntroduction: No. of Lectures 5History of insurance in general and in India in particular.Basic nature of insurance.Definition of insurance and its legal position in India.Comparison of Life Insurance with other forms of insurance.Principles of contract and its applicability to the valid insurance contract.Unit 2Principles and Practices of Insurance No. of lectures 21Principles of Life insurance – economic principles, legal principles, actuarialprinciples. 2The basic principles of utmost good faith and insurable interest and its impact oninsurability. 2Basic elements in computation of premium. 2Objective of selection and classification of risks. Factors affecting mortality andunderwriting of risk-Male and Female 3Peculiarities of life insurance product and the classification 3Nature of group insurance and types of group Insurance covers 3Policy claims and its procedures for settlement of various type of claims.2Policy document and its various components including conditions and privilegesunder the policy. 2Life Insurance organization – the distribution system and regulatory requirement.2Unit-3Principles and Practices of General Insurance No. of Lectures-29Principles of indemnity, proximate cause, subrogation, contribution and sharing.3Study of various proposal and policy forms used in general Insurance

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3Classification of various non life insurance products and the scope of coverage of fireinsurance and marine insurance. 4Discuss the various kinds of miscellaneous insurances 4Describe the classes of insurances requiring specialized knowledge i.e industrial allrisk insurance, aviation insurance, oil and gas insurance 4Regulatory provisions under Insurance Act 1938, and IRDA Act 1999. 4Underwriting practice and procedures, types and classification of hazards3Settlement of claims, its procedures, different ways of settlement of claims. Policy ofconditions having a bearing on. Role of surveyors and loss assessors. 4Unit 4Fundamentals of Risk and Insurance No. of Lectures-10Basic concept of risk, classifications of risks, and process of risk management 2Identification and evaluation of risk – risk analysis. 2Risk control – loss prevention and its importance. 2Risk financing and transfer of risks. 2Risk retention and its importance/basis of reinsurance. 2Unit 5Principles of Actuarial Science No. of Lectures-10The theory of probability. 1Mortality tables and construction of mortality tables. 1Well known mortality table and indices for comparison of different mortality tables.2Life insurance premium- general consideration. 2Methods of valuation, data for valuation. 2Special reserves and adjustments. 1Surplus and its distribution. 1Suggested Readings:1. Books published by Insurance Institute of India.2. “Life Insurance”, - By Kenneth Black (Jr.) and Harold Skipper (Jr.),3. “Fundamentals of Risk and Insurance”, by Emmett J. Vaughan, TheraseVaughan

4. “Principles of Risk management and Insurance”, by George E. Rejda

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Method of EvaluationStudents are evaluated for each paper on the basis of written examination andcontinuous internal assessment.Each paper carries maximum of 100 marks and is evaluated as follows:End Semester Exam (ESE) : 50 %Mid Semester Exam : 25%Continuous Internal Assessments (CIA) : 25%Total : 100%

Written ExaminationMid Semester Exam – 50 marks (2 hours)End Semester Exam – 100 marks (3 hours)

Mid Semester Exam marks will be taken for Internal AssessmentEnd Semester Exam marks will be reduced to 50 for deciding the promotion criteria to

meet the next semester along with CIA.

CIA – 1 : MSE marks will be reduced to 25 for this purpose CIA – 2 & 3 : Continuous Internal Assessment

Continuous Internal Assessment – 2

CIA -2 will have three components Written (reports) – Group or Individual Presentation and VIVAObjectives:

Encourage team work, subject knowledge and conceptual clarity.

Parameters of evaluation:

Written – content, relevance of information Presentation & VIVA – Knowledge & understanding of the concept Written & presentation/ VIVA will carry 50% marks each respectively

Continuous InternalAssessment

CIA-1(For 25 marks)

CIA -2(For 10 marks)

CIA – 3(For 10 marks)

Attendance(For 5 marks)

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Continuous Internal Assessement – 3

CIA – 3 Examines the following:

Understanding of the subjects Participative learning

Methodology

* Ask questions at the beginning of the class* Summarizing at the end of the hour* Quiz* Multiple choice based test

AttendanceThe marks distribution for attendance is as follows:

95 – 100% - 5 marks90 – 94% - 4 marks85 – 89% - 3 marks80 – 84% - 2 marks76 – 79% - 1 mark

QUESTION PAPER PATTERN

Section AMultiple choice questions – 15 questions of 1 marks each wrong answer .25

deduction

Section BAnalytical / Essay type questions with Internal choice – 5 questions of 5 marks

each

Section CAnalytical/ Essay type questions with Internal choice – 3 questions of 12 marks

each

* * * * * * * * * *