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CHRIST UNIVERSITY
HOSUR ROAD
BANGALORE – 560029
Department of Commerce
M COM
COURSE STRUCTURE & SYLLABUS
[Effective from June 2012 new batch]
February 2013
CHRIST UNIVERSITY
BANGALORE: 560 029
2
MASTER OF COMMERCE (M.COM)
Christ University is pleased to announce an innovative post-graduate program on Commerce
offered by the Department of Commerce. The program is intended to support students who
wish to pursue a professional career in academics. Choice of career in academics is less seen
as a preference particularly due to its requirement to acquire higher research qualifications to
reach a position of standing and also due to existence of better paying job avenues.
Nevertheless, the career is well rewarding and satisfying for those who have a liking for
teaching and are inclined to stay in academics to excel in their knowledge areas.
Objectives
There is a need to transform teaching as a profession more than a mere career to bring in the
right skills, capability and attitude in the field of academics in the larger interest of
sustainable education. The program aims to create faculty of quality and competence in the
subject areas of Commerce & Management.
The objective of the program is:
To develop teaching and research talent
To create academic expertise suiting to contemporary needs of the Society.
Program
The M.Com program of Christ University is of 24 months’ duration (4 Semesters) with
significant emphasis on Research. The program is career oriented in its design, course
structure and teaching-learning process, as compared to traditional M.Com. The program
includes value-adding modules on teaching methodology and student behavior, in addition to
descriptive research oriented study modules on various subjects of commerce & management,
with options for specialization. The curriculum is developed duly considering the desired
level of knowledge exposure in the context of ever changing environment in global business.
Research paper on a chosen functional area based on industry/ organizational
interaction/internship, is included to bridge the gap between theory and practice.
Eligibility
Admission to the program is open to B.Com/ BBM graduates from any of the universities
under UGC, with a minimum of 50% marks, in aggregate.
Number of Seats
The course will have an intake of 60 students.
Admission Procedure
Admission will be based on an interview of candidates short-listed on merit. The interview
will be to assess the academic aptitude and learning / teaching interest. Weight age for
selection will be 65% for marks in the qualifying examination and 35% for performance in
the interview.
3
Christ University
Under Section 3 of UGC Act, 1956
Bangalore: 560 029
Course Structure for M.COM
Semester – I
Subject
Code Existing
No.
Hours
Max.
Marks Credits
MCO101 Accounting Theory & Standards 04 100 03
MCO
102
Organization Behaviour 04 100 03
MCO
103
Cost Accounting 04 100 03
MCO
104
Research Methodology 04 100 03
MCO
105
Quantitative Techniques 04 100 03
MCO
106
Managerial Economics 04 100 03
MCO
111
Holistic Education 01 Grade 1
Totals 25 600 19
Semester – II
Subject
Code Existing
No.
Hours
Max.
Marks Credits
MCO
201
Business Ethics and Corporate Governance (by
research) 04 150 04
MCO
202
Business Information System 04 100
03
MCO
203
Direct Taxes 04 100
03
MCO
204
Financial Management 04 100
03
MCO
205
Marketing Management 04 100
03
MCO
206
Human Resources Management 04 100
03
MCO
211
Holistic Education 1 Grade
1
Totals 25 650 20
4
Semester – III
Subject
Code Existing No. Hours
Max.
Marks Credits
MCO 301 Project & Operations Management 04 100 03
MCO 302 Strategic Management & Policy Making
(by research) 04 150 04
MCO 303 Entreprenuership 04 100 03
MCO 304 Teaching methods 02 50 02
Elective – I Or II (Paper – I ) 04 100 03
Elective – I Or II (Paper – II) 04 100 03
Elective – I Or II (Paper – III) 04 100 03
Totals 26 750 21
Semester – IV
Subject
Code Existing
No.
Hours
Max.
Marks Credits
MCO 401 International business 04 100 03
MCO 402 Corporate Business Law 04 100 03
MCO 403 Internship and Teaching Practices(50+50) 100 04
MCO 404 Project and viva (based n the
specialization)
02 100 04
Elective – I Or II (Paper – I ) 04 100 03
Elective – I Or II (Paper – II) 04 100 03
Elective – I Or II (Paper – III) 04 100 03
Total 700 23
Electives – I Accounting & Taxation Electives – II Finance & Banking
Paper – I
MCO 305B
Banking Management Paper – I MCO 305A Management Accounting
& Financial Analysis
Paper – II
MCO 306B
Insurance Management Paper – II
MCO 306A
Advanced Cost Accounting
Paper – III
MCO 307B
Management of Financial
Services
Paper – III
MCO 307A
Advanced Taxation
Paper – IV
MCO 405B
International Finance &
Institutions
Paper – IV
MCO 405A
Advanced Financial Accounting
Paper – V
MCO 406B
Security Analysis & Portfolio
Management
Paper – V
MCO 406A
International Accounting
Paper – VI
MCO 407B
Capital Markets Paper – VI
MCO 407A
Indirect Taxes
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COURSE: ACCOUNTING THEORY AND STANDARDS
CODE: MCO 101 CREDITS: 03
Course Description
This is a core paper which gives in-depth knowledge to students on various Accounting
theory and standards like Inventory, fixed assets, cash flow, investments etc.
Learning Outcomes
To enable the students to have a deep understanding to the theoretical framework of
Accounting.
To help the students to have an in-depth knowledge of Accounting Standards to be
followed.
To motivate students for research in accounting area.
Level of Knowledge:
As a prerequisite, the students should be having basic knowledge about various accounting
concepts and principles in detail and also the various accounting standards which are
applicable as per Indian Accounting Standards.
Unit-I Accounting Theory: 06 hours
Focus: Basic Knowledge
Concept of theory and accounting theory; Role of Accounting theory, Classification of
Accounting theory – Accounting Structure theory, Interpretational theory and Decision
usefulness theory; Deductive and inductive approach in theory formulation, Events approach,
Value approach and predictive approach, pragmatic approach, Authoritarian approach,
Ethical, sociological, economical approach. Methodology in accounting theory - Positive
Methodology, Normative Methodology.
Unit- II Accounting Concepts And Principles: 04 hours
Focus: Basic And Conceptual
GAAP, Materiality concept, Money measurement concept, Cost concept, Conservatism
concept, Consistency concept, Business Entity concept, Going concern concept, Duality or
Accounting equivalence concept, Realization concept, Matching concept, Full disclosure.
Accounting principles, Selection of accounting principles, Measurement in accounting,
Measurement Constraints in accounting, accounting principles vs. Accounting policies.
Accrual Vs Periodicity.
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Unit- III Accounting Standards: 02 hours
Focus: Basic And Conceptual
Meaning, Objectives, Advantages, disadvantages, Procedure for issuing Accounting
Standards by the ICAI, Scope of Accounting Standards: - Level-I Enterprises, Level- II
Enterprises and Level- III Enterprises. Accounting Standards as per Companies Act 1956
and Income Tax Act 1961.
Disclosure Of Accounting Policies AS -1 01 hours
Focus: Basic and Conceptual
Scope, Need, Various areas where disclosure is mandatory, Change in Accounting Policies.
Valuation Of Inventories AS -2 03 hours
Focus: Conceptual And Analytical
Objective, Definition, Measurement of Inventory – Cost inventories, Exclusion from the cost
of inventories, Valuation of inventory – Specific identification method, First-in First- out
method, Weighted Average cost, Standard cost, Retail inventory method, Net realizable
value, Valuation of containers and empties, Corporate Accounting practices. (Problems)
Accounting For Cash Flow Statement AS -3 04 hours
Focus: Conceptual And Analytical
Cash flows- Defined- Cash flows components- Operating activities, Investing activities,
Financing activities, Cash flow from foreign currency transactions. Treatment of tax,
Investment in associates, subsidiaries and joint ventures, Acquisition and disposal of
subsidiaries, Non- cash transactions, Cash and cash equivalents, Advantages of cash flow
statements, Preparation of cash flow statements.
Revenue Recognition AS -9 03 hours
Focus: Basic And Conceptual
Revenue definition- Exclusions- Revenue from sale of goods, Revenue from rendering
services, Revenue from use of resources by others- Disclosure requirements- Timing of
revenue recognition.
Accounting For Fixed Assets AS -10 04 hours
Focus: Conceptual And Analytical
Definition, Gross and net book value, Composition of cost, components of cost,
Improvements and repairs to fixed assets, Retirement and disposal. Revaluation, Principles
governing the revaluation. Disclosure; Corporate practices. (Problems)
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Effects Of Changes In Foreign Exchange Rates AS- 11 04 hours
Focus: Basic And Conceptual
Need and objective, Scope and applicability, foreign currency transactions, Definitions,
Classification for accounting treatment - Category- I-Foreign currency transactions;
Category- II-Foreign operations; Category- III-Forward exchange contracts. Accounting
treatments and disclosure.
Accounting For Investments AS-13 03 hours
Focus: Conceptual And Analytical
Investment defined, Exception, Classification of investment, Cost of investments, and
Valuation of investments. Disposal of investments, Re-classification of investment,
Disclosure of investment in the financial statements. (Problems)
Accounting for Retirement Benefits AS-15 04 hours
Focus: Conceptual And Analytical
Meaning, Accrual system of accounting for retirement benefits, Types of retirement benefits-
Defined contribution scheme, Defined benefit scheme and their accounting principles and
accounting treatment. Employee Stock Option and its accounting treatment.
Borrowing Cost AS- 16 04 hours
Focus: Conceptual And Analytical
Meaning and coverage, Qualifying asset, Recognition of borrowing cost, Eligible items for
borrowing cost, Specific borrowing, General borrowing, Capitalisation ceiling,
Commencement of capitalisation, Conditions for capitalisation, Suspension of capitalisation,
Cessation of capitalisation. (Problems)
Segment Reporting AS- 17 05 hours
Focus: Basic And Conceptual
Meaning, Objective, Need for segment reporting. Types: Business segment, Geographical
segment, Segment revenue, Segment expenses, Segment result, Segment assets, Segment
liabilities, Primary and secondary segments. Corporate practices.
Earnings Per Share AS- 20 04 hours
Focus: Conceptual and Analytical
Financial instrument, Financial asset, Financial liability, Potential equity share. Basic
earnings, Basic EPS, Diluted earnings, Diluted EPS, Weighted average, number of equity
shares, Concept of equivalent units: Partly paid shares, Bonus issue, Right issue, Splits or
consolidation. Buy back of shares, Disclosure requirements. (Problems)
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Interim Financial Reporting AS- 25 04 hours
Focus: Basic And Conceptual
Meaning, Financial statements, Need, Principles of recognition and measurements, Form and
contents of interim financial statements. Disclosure requirements.
Intangible Assets AS- 26 05 hours
Focus: Basic And Conceptual
Asset- Meaning, Types – Intangible assets- Meaning, Unidentifiable, Acquired identifiable,
Internally generated identifiable intangible asset, Characteristics, Cost of intangible assets,
Research and development, Accounting treatment of research and development cost,
Determination of cost of internally generated brands, Amortization of intangibles – Different
methods, Retirement and disposal, Disclosure of corporate practices.
Prescribed Text Book:
D.S, Rawat. (2012). Accounting Standards. New Delhi: Taxmann Allied Services (p) Ltd.
References:
Anthony R. N., James (2012). Accounting Principles. New Delhi: AITIBS.
Jawaharlal. (2012). Accounting Theory. Bombay: Himlaya Publishing House.
M.P, Vijay Kumar. (2012). First Lessons on Accounting Standards. Mumbai: Snow
White Publications Pvt. Ltd.
N.D, Gupta. (2012). Accounting Standards. New Delhi: Sultan Chand and Sons.
Jain., Narang. (2012). Accounting Theory. New Delhi: Kalyani Publishers.
Porwal, L. S. (2012). Accounting Theory. New Delhi: TMH.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Individual Assignments with Annual Reports of Companies (10 marks):
Procuring Annual Reports of Companies -Individual Copies- Analysis and
Interpretation of Financial Statements as per Accounting Standards.
Understanding the Application of Accounting Principles & Concepts in Annual
Reports.
Preparing Cash Flow Statement from Annual Report and Interpretation.
Identification of Various Methods of Inventory Valuation as per Accounting
Standards.
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Online Test Using Moodle- 10 marks
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz. The test will be conducted online using the course Moodle
page.
Case Studies
Analysis of cases relating to each unit. Detailed discussion and analysis. Evaluation
based on active participation during discussions.
Moodle Discussion Forums (10 Marks):
To continue classroom discussions and share relevant insights, the instructor would
start some online discussion in the course’ Moodle page. Students are required to
contribute to the discussion with their original ideas. Copy & Paste from any source is
strictly forbidden. Original posts should contain a minimum of 150 words and
comments to others posts should have a minimum of 75 words. Grading will be on the
basis of quality of the reflections.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions and problems 10 x 2 = 20
C Case Study 10 x 1 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 X 5= 35
B Conceptual / Descriptive Type questions and Problems 10 x 5= 50
C Case Study 15x1=15
COURSE: ORGANIZATIONAL BEHAVIOUR
CODE: MCO 102 CREDITS:03
Course Description:
Effective management of human resources within organizations requires an understanding of
various behaviour and processes. Organizational Behavior is a study that investigates the
impact that individuals, groups and structure have on behavior within an organization, and
then applies that knowledge to make organizations work more effectively. The course will
focus on how managers can improve productivity, reduce absenteeism and turnover, and
increase employee citizenship and job satisfaction. This knowledge of individuals'
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perceptions, motivational attitudes and behaviour will enable students to not only understand
themselves better, but also to adopt appropriate managerial policies and leadership styles to
increase their effectiveness. The focus of instruction will move progressively through the
individual, group and organizational levels of behaviour and will examine the
interrelationships of behavioural phenomena among these levels. Additionally, concepts such
as motivation, conflict and negotiation, organizational culture, organizational change, group
dynamics, and leadership and their relevance to organizational behaviour will be examined in
detail.
Learning Outcomes
Upon completion of this course, the student will be able to:
Develop an understanding of the key concepts, research and theories of organizational
behaviour.
Learn how managers deal with the challenges of globalization, diversity, ethics and
technology.
Explain how individual differences in personality, perception and attribution
contribute to organizational behavior.
Learn the theories of work, motivation, and behavior.
Describe the effect of learning, goal setting, and performance in organizations.
Recognize the concepts of stress, conflict, well-being, and the consequences within
the organizational setting.
Explore deeply one’s perceptions and understand its influence on forming prejudices
and biases.
Enhance the interpersonal processes of communication, team work, and decision
making.
Develop group dynamic and team skills.
Understanding how power and politics influence organizational behavior.
Describe the traits of effective organizational leadership and followership.
Learn about the nature of conflict and negotiation in organizations.
Understanding organizational processes, design, structure and culture.
Understand how organizational culture and change contribute to the behavior of the
organization.
Gain tools for managing your own career within the world of business.
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts
relating to organizations, business, and business management.
Unit – I Organizational Behavior: 12 hours
Focus: Conceptual And Analytical
Meaning and Definition– nature – goals – elements – Fundamental concepts –approaches to
the study of Organizational Behavior. Historical development of Organizational Behavior.
Model of Organizational Behavior. Challenges and opportunities for OB – Responding to
Globalization-Managing work force diversity-Improving Customer Service-Coping with
―Temporariness‖-Helping Employees Balance Work-Life Conflicts-Improving Ethical
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Behavior. Meaning of stress – stress levels - sources of stress – consequences of stress –
stress management techniques.
Unit – II Individual Behavior: 03 hours
Focus: Conceptual And Analytical
Factors Influencing Individual Behavior-Environmental Factors-Personal Factors-
Organizational Systems and Resources-Psychological
Unit – III Personality: 07 hours
Focus: Conceptual And Analytical
Meaning and Definition – determinants of personality – personality traits-Authoritarianism,
Locus of Control, Machiavellianism, Introversion and Extroversion, Achievement
Orientation, Self-Esteem, Risk-taking, Self-Monitoring. Theories of Personality-Type
Theory-Trait Theory-Psychoanalytic Theory-Social Learning Theory. The shaping of
Personality-Freudian Stages-Neo-Freudian Stages-Cognitive Stages, Personality Job-fit
theory.
Unit – IV Perception 04 hours
Focus: Conceptual And Analytical
Meaning and Definition-Perceptual Process–factors influencing perception-The link between
perception and Individual Decision Making – perceptual biases/errors – honing perceptual
skills
Unit – V Learning: 03 hours
Focus: Conceptual And Analytical
Meaning – Theories of learning-Classical Conditioning, Operant Conditioning, and Social
Learning. Principles of learning
Unit – VI Motivation: 06 hours
Focus: Conceptual And Analytical
Meaning – Theories of motivation (Content theories: Maslow’s, Herzberg’s, Alderfer’s and
Mc Clelland’s theories) Process theories: Equity theory of Stacy Adam’s and Vrooms
Expectancy theory
Unit – VII Group Dynamics: 10 hours
Focus: Conceptual And Analytical
Meaning and definition of a Group-Classification of Groups-formal groups – informal groups
– command group – task group – interest group – friendship group. Stages of group
development. Group properties: roles, Norms, Status, Size and Cohesiveness. Group
behavior: required and emergent behavior. Group Decision Making – group versus the
individual – strengths and weaknesses of group decision making. Groupthink and Group
shift. Group decision-making techniques. Group effectiveness.
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Unit – VIII Conflict And Negotiation: 06 hours
Focus: Conceptual And Analytical
Meaning and Definition of Conflict – The conflict process. Functional and Dysfunctional
conflict – Levels of Conflict – Intra-individual conflict – Inter-personal conflict – inter-group
conflict. Conflict Resolution Strategies. Negotiation – Bargaining Strategies. The Negotiation
process. Issues in Negotiation.
Unit – IX Organizational Culture: 05 hours
Focus: Conceptual And Analytical
Definition – Strong versus weak cultures – culture versus formalization. Culture’s functions.
Culture as a Liability. Creating and Sustaining Culture. Creating an Ethical Organizational
Culture. Creating a Customer-Responsive Culture. Spirituality and Organizational Culture.
Unit – X Organizational Change 04 hours
Focus: Conceptual And Analytical
Meaning of Change – forces for change. Managing planned change. Resistance to change –
overcoming resistance to change. Approaches to Managing Organizational Change.
Essential Reading:
Robbins, S., Judge, T., & Vohra, N. (2011). Organisational Behaviour (14 ed.). Delhi:
Pearson /Prentice Hall.
References:
1. Robbins, S. P., & Judge, T. (2007). Organizational behavior. Upper Saddle River,
N.J: Pearson/Prentice Hall.
2. Fred Luthans (2008). Organizational behavior (11 ed.). Mass, Boston: McGraw-
Hill/Irwin.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
CIA Components
Multiple Choice Quizzes (20 Mks)
This component tests familiarity and understanding the content of the course. Students who
regularly attend classes and read the text and other relevant materials will be able to do well
in the Quiz.
OB Journal (10 Mks): The purpose of OB journal is the active participation in the
class and developing analytical and critical thinking on various topics of the course.
This is achieved through regular note-taking, add insights from your related library
and online research, write case study answers and other reports assigned by the
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instructor. The grading will be on the basis of relevant content, depth of analysis,
grammar, spelling, and neatness.
Moodle Discussion Forums (10 Mks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Writing Assignments (20 Mks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (40 Mks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about OB and to work in teams with a deadline.
Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 x 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study 1 x 10 = 10
End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 x 5 = 35
B Conceptual / Descriptive Type questions 5 x10 = 50
C Case Study 1 x 15 = 16
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COURSE: COST ACCOUNTING
CODE: MCO 103 CREDITS: 03
Course Description:
This paper is offered as a core paper in the first semester. It develops cost control attitude and
prepares students for careers in the areas of finance and costing. Preparation of cost sheet,
understanding the different types of cost involved, methods of valuing material and inventory
control, risks involved in managing the labour and methods used for valuing the labour cost,
labour turnover and causes of labour turnover fixation of wages with and without bonus
plans, identification of various overheads incurred combinedly for both production and
service departments and allocation of these on various basis to individual departments in
order to find out the total overhead incurred.
Objectives:
To enable the students to have an in-depth knowledge about cost concepts and
elements of cost.
To help them to understand its application in various organizations
Learning Outcomes:
1. Students should acquire an in-depth knowledge on material management and should
be able to advice the clients the ways by which cost reduction can be adhered through
effective material management.
2. Students should acquire an in-depth knowledge on labour management and should be
able to advice on controlling the labour cost.
3. They must be well versed in overhead accounting and recovery of overheads and also
should be in a position to advice clients in respect of effective overhead management
Level Of Knowledge
To do this course the students should be from B.com or BBM background.
Unit – I Introduction: 06 hours
Focus: Conceptual
Meaning, objectives, advantages, costing system, characteristics of ideal costing system,
methods of costing, types of costing, elements of cost, classification of cost, cost concepts –
cost, cost centre, profit centre, cost accounting Vs financial accounting, cost accounting Vs
management accounting
Unit – II Material Cost: 18 hours
Focus: Advanced
Meaning, classification, material control, need or objectives of material control; Purchase
control – Purchase department, objectives of a separate purchase department, purchase
officer’s functions of purchase department, purchase procedure, centralized purchasing;
Stores control – stores department, its location and layout, classification and codification,
15
Standardization and simplification; Types of stores – Centralized, decentralized, centralized
stores with sub stores.
Stores records – Bin card, stores ledger, control over material issues – material requisition,
bill of materials, different methods of valuing material issues; Techniques of material control
– different stock level setting, EOQ, just in time inventory system, ABC analysis, VED
analysis, perpetual inventory system, FNSD analysis; Material losses – different types of
losses and their accounting treatment; Corporate practices with respect to: Purchase
procedure, different stock level setting and issue procedure of pricing, Application of ERP
system for the material management.
Unit – III Labour Cost – Accounting And Control: 18 hours
Focus: Advanced
Direct and Indirect labour, labour cost – various components, controlling the labour cost, role
of personnel department, time keeping department, payroll department, cost accounting
department. Labour turnover – causes and effects, cost of labour turnover – preventive cost,
replacement cost, labour productivity and its measurement, Measures of labour performance
and cost; Idle time, overtime, accounting treatment; Remuneration of incentives – essentials
of a good wage system, systems of wage payment – time rate, piece rate, premium and bonus
plans. Corporate practices with respect remuneration and incentives in manufacturing sector
services sectors. Labour turnover rate in different industries, Application of ERP system for
labour cost management.
Unit – IV Overhead Cost: 18 hours
Focus: Advanced
Meaning, classification of overhead costs – functional, behaviour, nature, element wise
allocation and apportionment of production overheads, basis of apportionment, methods of
re-apportionment, absorption of overhead- meaning, overhead, absorption rates, different
methods of absorption of manufacturing overhead – direct material, cost method, direct
labour cost method, prime cost method, direct labour hour method, machine hour rate, rate
per unit of production, sales price method, under-absorption and over absorption of overheads
accounting for administration overheads, accounting for selling and distribution overheads,
control of selling and distribution overheads. Corporate practices with respect to overhead
accounting and recovery, Application of ERP system for Overhead Cost management.
Essential Reading
1. Narang, J. (2012). Cost accounting. (23rd Rev ed.). New Delhi: Kalyani Publishers.
2. Arora , M. N. (2012). Cost accounting. (3rd ed Reprinted ed.). Mumbai: Himalaya
Publishing House.
References
Wilson, M. (2012). Cost accounting. (4 th ed.). Mumbai: Himalaya Publishing House.
Lal, J. (2009). Cost accounting. (4 th ed.). New Delhi: Tata Mc Graw Publishing
Company Ltd.
16
Evaluation Pattern
CIA-1: Mid Semester Exams 50 marks paper for 2 hours.
Sections Type Marks
A 4 Out of 6 = 4*5 20
B 2 Out of 4 = 2*10 20
C 1 case study = 1*10 10
Total 50
CIA-2: Moodle Test -10 marks
Individual Presentation- 10 marks
CIA-3: Individual Presentation based on Course Topic- 20 marks
End Semester Exams: 100 marks paper for 3 hours.
Sections Type Marks
A 7 Out of 10 = 7*5 35
B 5 Out of 7 =5*10 50
C 1 case study = 1*15 15
Total 100
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COURSE: RESEARCH METHODOLOGY
CODE: MCO104 CREDITS: 03
Course Description:
Research Methodology introduces the nature of Social and Business research, and provides
the techniques of research. It helps the students to understand the Research Design, methods
of Data Collection, Sampling, Hypothesis, processing and Interpretation of data and
preparation of reports. It also introduces the learner to the various methods for testing of
hypotheses and software packages used in research.
Learning Outcomes:
Provide an overview of the research process
State clearly their research problem and associated research questions arising,
including both descriptive and either explanatory or exploratory questions
Conduct a preliminary literature review of the concepts comprising the research
questions
Set out the main elements of a potential research instrument for testing the hypotheses,
including a critical and comparative analysis of the proposed instrument
Understand how to classify and present data associated with hypothesis testing
Understand how to interpret data gathered to test proposed theory
Set out limits and implications of a research study in preliminary form
Prepare a mini-dissertation research proposal
Prepare a research plan
Level Of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts
relating to research & research methodology.
UNIT-I Introduction 15 hours
Focus: Basic And Conceptual
Research: Meaning – Purpose- Types of research-significance of research in Social and
Business Sciences. Steps in Research: Identification, selection and formulation of research
problem- Research questions-Research design- Formulation of hypothesis- Review of
literature
Unit – 2 Collection Of Data 14 hours
Focus: Conceptual And Analytical
Data for Research: Primary data-Meaning-Collection methods-Observation – Interview-
Questionnaire-Schedule-Pretest-Pilot study –Experimental and case studies- Secondary data-
Meaning – Relevance, limitations and cautions
Unit – 3 Sampling 10 hours
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Focus: Basic And Conceptual
Sampling Technique: Sampling theory-Types of sampling-Steps in sampling- Sampling and
Non-sampling error-Sample size –Advantages and limitations of sampling
Unit 4 Data Analysis 15 hours
Focus: Conceptual And Analytical
Processing Data: Checking- Editing-Coding- transcriptions and Tabulation- Data analysis-
Meaning and methods- Quantitative analysis: measurement scales, Application of statistical
tools in social science research- Correlation, Regression, T-test, F-test, Z-test, chi-square,
Anova - Hypothesis testing and estimation, important parametric and non-parametric tests,
and Qualitative analysis.
Unit 5 Research Report 06 hours
Focus: Conceptual And Working
Introduction, target audience - types of report-contents of report – style of reporting -
planning of report- steps in drafting reports - format of research report - Documentation:
Foot notes and Bibliography, Evaluation of report-writing.
Essential Reading
Krishnaswami, O.R (2011). Methodology of Research in Social Science. Himalaya
Publishing House.
References
Kothari,C.K (2009). Research Methodology. New age international.
Saravanavel, P.P (2012). Research Methodology. Kitab Mahal Distributors.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Quizzes (20 Marks:) This component tests familiarity and
understanding the content of the course. Students who regularly attend classes and
read the text and other relevant materials will be able to do well in the Quiz.
RM Journal (10 Marks): The purpose of RM journal is the active participation in the
class and developing analytical and critical thinking on various topics of the course.
This is achieved through regular note-taking, add insights from your related library
and online research, write case study answers and other reports assigned by the
19
instructor. The grading will be on the basis of relevant content, depth of analysis,
grammar, spelling, and neatness.
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (40 Marks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about RM and to work in teams with a deadline.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 4 x 5 = 20
B Analytical / Essay Type Questions 2 x 10 = 20
C Case analysis 1 x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual/descriptive Type questions 7X 5 = 35
B Analytical / Essay Type Questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
20
COURSE: QUANTITATIVE TECHNIQUES
CODE: MCO 105 CREDITS: 03
Course Description:
This course enables the students to know the scientific approach to decision making when
solving business problems. Several methods are introduced in applying mathematics to solve
management problems quantitatively. The determination of the most efficient use of limited
resources in maximizing some measure of benefits could be solved using the graphical
method or algebraic method. Determining the most profitable distribution pattern for
transporting products from factories to markets, and determining the best way to assign a
number of objects to a number of other objects are other major problems handled in this
course. Models are presented for making decisions when the payoff to the decision maker
depends on the decision made and an event occurs after the decision is made.
Learning Outcomes
Understanding quantitative techniques for solving business problems pertaining to different
functional areas of an organization. Critically evaluate the applicability of various quantitative techniques in different business
environment setups. Assimilate various business situations in applying quantitative techniques to get optimal
solutions for the organizations
Level Of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to
quantitative techniques.
Unit 1: Quantitative Techniques 06 Hours
Focus: Basic And Conceptual
An introduction ; Meaning of QT; Classification of QT; Statistical techniques; Operations
techniques ;Role of QT in business & industry; QT & business management; Limitations of
QT.
Unit 2: Liner Programme 12 Hours
Focus: Conceptual And Analytical
Formulation of LP problem; Characteristics of LP Problem; Solution by graphical method;
Simplex method; Dual of a linear Programming; Sensitivity analysis
Unit 3: The Transportation Problem 14 Hours
Focus: Conceptual And Analytical
21
The general structure of the problem; solving a transportation problem; to find an optimal
solution; Variations in transportation problem; Post optimality analysis; the assignment
problem
Unit 4: Networking Analysis: PERT & CPM 14 Hours
Focus: Conceptual And Analytical
PERT – background & development; Networking; Estimating the activity time;
Determination of earliest expected & latest allowable times; Determination of critical path
method; Crashing a project; Scheduling of a project; Applications of PERT & CPM
Unit 5: Decision Making Under Uncertainty 08 Hours
Focus: Conceptual And Analytical
Different decision criteria; Decision tree; Simulation – model building; Areas of application
Unit 6: Statistical Quality Control 06 Hours
Focus: Conceptual And Analytical
Introduction; SQC technique; Process control – control charts Control charts for variables –
X chart & R chart; Advantages of SQC
Essential Reading
Srivatasava,U.K, Shenoy and Sharma, (2012), 'Quantitative Techniques for Managerial Decision
Making', 3rd Ed., Wiley Eastern,.
References:
Anderson, Sweeney, Williams (2006), Quantitative Methods for Business, 10e, India Edition,
South Western, Cengage Learning
Sharma, J.K. (2001), Quantitative Techniques for Managerial Decisions, MacMillan
Wiseneisnki, M. (2009), Quantitative Methods for Decision Making, 5e, Pearson Education
Anderson, Sweeney, Williams (2005), An Introduction to Management Science, India Edition,
South Western, Cengage Learning
Taha, Natarajan, Balasubramanie, Tamilarasi (2008), Operations Research: An Introduction,
8e, Pearson- Prentice Hall
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
22
1. CIA Components
Multiple Choice Quizzes (20 Marks): This component tests familiarity and
understanding the content of the course. Students who regularly attend classes and
read the text and other relevant materials will be able to do well in the Quiz.
QT Journal (10 Marks): The purpose of QT journal is the active participation in the
class and developing analytical and critical thinking on various topics of the course.
This is achieved through regular note-taking, add insights from your related library
and online research, write case study answers and other reports assigned by the
instructor. The grading will be on the basis of relevant content, depth of analysis,
grammar, spelling, and neatness.
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (40 Marks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about QT and to work in teams with a deadline.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 4 x 5 = 20
B Analytical / Essay Type Questions 2 x 10 = 20
C Case analysis 1 x 10 =10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual/descriptive Type questions 7X 5 = 35
B Analytical / Essay Type Questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
23
COURSE: BUSINESS ETHICS AND CORPORATE GOVERNANCE
CODE: MCO201 CREDITS: 03
Course Description:
Business ethics and corporate governance is a paper by research. It is designed to give the
students an insight of the governance in the business. It ensures that students get a clear
understanding as to what ethics are and how they should be incorporated in the business. This
paperenable’s students to critically examine ethical dilemmas and to understand the
importance of governance mechanisms in a globalized economy.
Learning Outcomes:
Evaluate the importance of ethics.
Understand the method of implementing ethics in business.
Analyze the sources of ethics.
Gain insight into the philosophies of ethics.
Comprehend strategic business unit
Ascertain the ethical dilemmas.
Understand the procedure of ethical decision making.
Compare the corporate governance worldwide.
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to
business ethics, and corporate governance.
Unit 1: Nature of Business Ethics And values 06 Hours
Focus: Basic And Conceptual
Ethics, ethics in business-Sources of ethics- religion, philosophical systems, cultural
experience, legal system – importance of ethics. Factors influencing business ethics-
leadership, strategy and performance, environment, corporate culture, individual
characteristics.
Categorical imperative of Immanuel Kant, conventional ethics of Albert Z. Carr, the doctrine
of the mean Aristotle, the ends – means ethics of Machiavelli, might- equals –right approach
of Marx, utilitarian ethics of Stuart mill
Unit 2: Theories Of Business Ethics 06 Hours
Focus: Basic And Conceptual
24
-The institutionalization of business ethics-Implementing business ethics in global economy,
Adapting Ethical Systems to a Global Framework, globalvalues, World trade organization-
External context ecology, ethics of control-Emerging business ethics issues.
Unit 3: Ethical Decision Making 10 Hours
Focus: Basic And Conceptual
-Attitudes and beliefs, decision process of groups, market forces, listening to inner voice,
decision process in competitive pressures, ethical decision making, -Difficulties in decision
making- dilemmas -Power and politics in organizations- suggestions for ethical decision
making
Unit 4: Managing Ethics 06 Hours
Focus: Basic And Conceptual
-Codes of ethics, building value system, setting standards from the top –why do people do
wrong-ethics committees, ethics hotlines, and ethics training programmes laws enforcing
ethical conduct.
Unit 5: Ethics In Marketing, HRM, Finance And Accounting 10 Hours
Focus: Basic And Conceptual
Ethics in HRM, Marketing, Finance and Accounting, HRM functions , Ethics in HRM, Cash
and incentive plans, performance appraisal, race and disability, employment issues, privacy
issues, restructurings and layoffs, wages. Empowerment of the weakest and unique and
balance of power– sexual harassment.
Ethics in marketing- marketing today, ethics in marketing Process relative ethics (use of
marketing strategies), product relative ethics (appropriateness of marketing certain products),
competition relative ethics (pricing, advertising, piracy, predatory.)
Ethics in finance and accounting- Finance functions, ethics in Finance and accountancy,
investment decisions, disclosure norms, insider trading norms- disclosures in financial
statements.
Unit 6: Ethics In Global Business 08 Hours
Focus: Basic And Conceptual
-Ethical principles governing global business (Model Business principles by US department
of Commerce. The Caux Principles, International codes), ethics, relation to adapting host
countries culture and norms, issues relating negotiators and gift giving, providing access to
less developed countries, avoiding sanctions, protection of intellectual properties.
-National differences in business ethics, pressures for ethical convergence, ethical principles
governing global business.
-Ethical principles governing global business (Model Business principles by US department
of Commerce. The Caux Principles, International codes), ethics, relation to adapting host
countries culture and norms, issues relating negotiators and gift giving, providing access to
less developed countries, avoiding sanctions, protection of intellectual properties.
-National differences in business ethics, pressures from ethical convergence, ethical
principles governing global business.
25
Unit 7: Corporate Governance 08 Hours
Focus: Basic And Conceptual
– Defining Corporate Governance –the contest, Socio-economic character of business, core
values, business purpose, structural and organizational aspects ,International experiences-
Corporate governance in France, UK, Germany, USA, Japan. The agenda for India.
-Codes of Corporate Governance as recommended by the Confederation of Indian Industry
(CII) for effective corporate Governance in India.
Essential Reading
Hartman, Laura P. (2011). Perspectives In Business Ethics (2nd
ed.).Los Angeles,McGraw-
Hill.
References:
Fernando A.C. (2010). Business Ethics And Corporate Governance .Upper Saddle
River, N.J: PublisherPearson Education.
Steiner and Steiner( 2010). Government and Society(12th
ed.). Los Angeles, McGraw-
Hill.
Evaluation Pattern
Grading in the course will be out of 150 marks, out of which 50 marks are allotted to the
research work, i.e. 30 marks for research material, 10 marks for attending the library and 10
marks for interaction with the guide.100 marks will be for the end semester examination and
CIA.
CIA Components:
CIA1-Midsemester exam
CIA2-Class test and Moodle test
CIA3-Individual Presentation
1. CIA Research Component
Library work (10 Marks): The purpose of library work is to instill in students
research culture. Here the students will be spending time in library and researching
their topics which they will write in a journal. The grading will be on the basis of
relevant content, depth of analysis, grammar, and citation.
Student Interaction (10 Marks): the students will be interacting with the guide and
will discuss about the progress of their research. The students should raise any issues
faced while the research is being conducted by them.
Written test (10 marks): A written test will be conducted for the students as one of the
components. Only the portion assigned to them for research, will be included for this
purpose.
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
26
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Presentations (20 Marks): The objective is to develop presentation skills
of the students. The students are required to present the topic which they researched in
library in detail. Marks are allotted on the basis of content and innovative presentation
style.
Strategic management Research Material (30 Marks): At the end of the
presentations, all the material collected by the students will be compiled in a book.
This will be the final research material, with uniform style covering the entire course
work done by students.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The groups will have questions only from the topics assigned to them for mid-
semester examination.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 5 X 4 = 20
B Analytical\Essay type questions type questions 2 x 10 = 20
C Case analysis 1x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 X 5 = 35
B Analytical\Essay type questions type questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
COURSE: BUSINESS INFORMATION SYSTEMS
CODE: MCO 202 CREDITS: 03
Course Description:
The course Business Information system introduces the learners to the vital concepts of
information systems, hardware and software components, data and information,
27
telecommunications, e-commerce and decision support systems.
Learning Outcomes:
To familiarize the students with fundamental framework for information system
application organizations.
To enable the students to identify various information systems solutions in business
operations
Level Of Knowledge
Basic and Conceptual
Unit – I: An Introduction To Information Systems In Organizations 07 hours
Focus: Conceptual
Definition – Components of MIS - Purpose – Objectives – Need – Data Vs information –
data administration – data planning- Database administration – organizational dimensions of
information – global technological footprint – BPO’s & KPO’s – information outsourcing –
horizontal & vertical integration of information systems.
Unit – II Hardware And Software 04 hours
Focus: Conceptual
Computers by size – PDA’a, notebooks, Desktops, Minicomputers, mainframe computers,
super computers – Application software – System Software – Hardware Common input
devices, output devices, CPU’s, RAM, storage devices, Telecommunication Devices.
Unit – III Organizing Data And Information 05 hours
Focus: Conceptual
Data – file concepts – database – file management vs database management - Hierarchical
model - Network Model - Relational Database Model – Database Management System Tools
– Data warehousing – Data Mining – Managing information resource in an organization –
online transaction processing – batch processing – real-time processing.
Unit – IV Telecommunications, The Internet, Intranets, And Extranets 08 hours
Focus: Conceptual
World wide web – websites, blogs, , P2P, C2C – Search engines, Ajax, Online applications –
web OS – Web 2.0 – Communication software – lan, wan, man, Internet – Components of
Internet – Business use of the Internet – Categories of Internet – Introduction to Intranet –
28
Advantages and disadvantage of Intranet – Components of Internets Information Technology
Structure – Introduction to Extranet – Definition of Extranet – Application of Extranet –
Relationship between Internet, Intranet and Extranet – Difference between Internet and
Extranet
Unit – V Application Of E-commerce 10 hours
Focus: Conceptual
Basic in E-commerce – Introduction to E - commerce Modules – B2B Modules, Advantages
and disadvantages of B2B – B2C Modules – Electronic Retailing and malls. The process of
electronic shopping, Electronic Catalogs, interactive advertising and marketing – Benefits
and limitations of internet advertising – Impact of E- commerce on business, opportunities in
E- commerce
Unit – VI Information And Decision Support Systems 08 hours
Focus: Conceptual
Decision support systems – Group Decision support systems – Executive Support Systems –
DSS tools – DSS software. Specialized Information Systems: Artificial Intelligence, Expert
Systems, Virtual Reality, and Other Systems:
Unit – VII Portals And Gateway 06 hours
Focus: Conceptual
Introduction to Portals – Definition of Portal – Function of Portals – Portal Technologies –
Features of Portals – Portals in India – Advantages of Portals – Electronics Commerce Portals
– Introduction to Gateway – Proxy Application Gateway – Proxy Gateway Advantages – EDI
Gateways – Payment
Unit – VIII Systems Development And E-Commerce Supporting Functions 06 Hours
Focus: Conceptual
Systems development cycle – knowledge workers and their role in the cycle. Enterprise
resource planning – computer aided design. Purchase and sale procedure, Supply Chain
Management [SCM], Definition of SCM – Value chains in e-commerce, Value chain
management – Electronic Payment system authentication of payment, mode of payment.
Electronic credit and debit cards, smart cards and electronic cash – digital signature,
electronic certificate, secure electronic transaction protocol. ERP, CRM, TQM, business
process reengineering (BPR), SWOT analysis.
Unit – IX Internet Security 06 hours
Focus: Conceptual
Introduction to Internet Security – Secure Transactions – Computer Monitoring –
Privacy Issues – Privacy on the Internet – Corporate E-mail privacy – Computer
Crimes – Types of Computer Crime – Specific Threats – Attacks on Computer
29
Systems – Major types of Security Problems/Common Threats – E-Commerce
and Security – Security for Internet Trading – Electronic Security Challenges
Essential Reading
Stephen Haag, Maeve Cummings, McCubbrey J,(2002), Management Information Systems
for the Information Age, McGraw-Hill Companies.
Recommended Reading
Murthy C.S.V, (2009), Management Information Systems, Himalaya Publishing
house.
Leonard Jessup & Joseph Valacich, (2007), Information Systems Today: Managing in
the Digital World (3rd Edition), Prentice Hall.
Murthy C.S.V, (2002), E-commerce: Concepts Model Strategies, Himalaya
Publishing House
Whiteley D, (2000), E-Commerce: Strategy, Technologies and Applications, McGraw
Hill,
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
CIA Components
CIA 1: Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 4 x 5 = 20
B Analytical / Essay Type Questions 2 x 10 = 20
C Case analysis 1 x 10 = 10
CIA 2: Components:
Multiple Choice Quizzes (10 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Individual Presentation (10 Marks)
This component tests the understanding of the latest technology in business
information system
CIA 3 Components:
Subject Teaching (5 Marks)
30
Topics relevant to the curriculum will be assigned well in advance to the learners. The
learners go refer various literatures on the topic and actively participate in the class
room discussion. This component helps in improving class participation.
Group presentation (15 Marks) Group presentations will involve working with your peers outside of class on specific
topics. It gives the opportunity to apply what is learnt about international business and
to work in teams
End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual/descriptive Type questions 7 x 5 = 35
B Analytical / Essay Type Questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
COURSE - DIRECT TAXES
CODE - MCO 203 CREDITS: 03
Course Description:
The subject equips students with tools to effectively manage income and expenditure and
offers a better understanding of tax savings. It provides basic understanding of tax concepts
and familiarize with filing of tax returns for different heads of income. Students will be
gaining knowledge about taxation and methodology based on practical aspects.
Learning Outcomes:
To familiarize the students in computation of Total income and Tax liabilities.
To know applications of tax provisions in various cases
To get knowledge of various tax incentives and benefits under direct taxes
To gain knowledge on procedural aspects for filing tax returns for various assesses
and other statutory compliances
Level Of Knowledge
Should know the basic taxation. (Background in commerce)
Unit – I Introduction 08 hours
Focus – Basic And Conceptual
The Income Tax Act 1961 The Finance Act Benami Transactions Act 1988 Tax Planning;
Basic concepts : Agricultural income, Assessee, Assessment year, Average rate of tax,
income of person, gross total income, Previous year, Charge of income Tax; Capital and
31
Revenue : Receipts capital or revenue expenditure, residence and Incidence of Tax:
Residence Determination of the Residential status Tax Free Incomes.
Unit – II Heads Of Income 25 hours
Focus – Understanding of Filing Of Income Tax Returns
Computation of Income from salaries, Income from house property Profits and gains of
business or profession, Capital gains, Income from other sources; computation of total
income and Tax liability
Unit – III Depreciation 04 Hours
Focus – Valuation Concepts
Conditions for charge of depreciation-Assets-used for business-New method of charging
depreciation-Block of assets-Rates of depreciation-Actual cost of assets-written down value
of assets-Types of depreciation- computation of depreciation-Misc. provisions about
depreciation
Unit – IV Clubbing, Aggregation And Set-off 08 Hour
Focus – Basic And Conceptual
Clubbing, aggregation and set off:
Clubbing of Income, Transfers Income of individual to include income of spouse etc.
Liability of person in respect of income included in the income of another person,
aggregation of income set off losses; Early forward and set of losses, Deductions from gross
total income and rebate of Tax.
Unit – V Assessment 04 Hours
Focus – Basic And Conceptual
Assessment of individuals, Hindu undivided families, partnership firms and companies-
theory only
Unit – VI Tax Administration 08 Hours
Focus – Basic And conceptual
Income tax authorities Procedure for assessment Deduction of tax at source: salaries, interest
on securities. Dividends, winnings from lottery or cross word puzzles, winnings from horse
races. Insurance commission Penalties imposable and prosecution.
Unit – VII 03 Hours
Focus – Basic And conceptual
32
Tax audit as per the provisions of section 43 B of Income tax act, 1961: Tax audit report and
non-compliance with the legal requirements
Essential Reading
Bhagawath Prasad, (2012), Direct Taxes Law and Practice,(29
ed), Wishwa
Prakashan, New Delhi.
S.Bhattacharya & H.R. Garg, Handbook of Direct Taxes (2012) Eastern Law House,
Calcutta.
Dinkar Pagare, (2012). Income Tax Law and Practice Sultan Chand & Sons, New
Delhi.
Singhania V.K.(2012). Direct Taxes Law & Practice, Taxman Allied Services
Pvt.Ltd, New Delhi
Recommended Reading
1. Kanga and Palkiwala, The Law and Practice of Income Tax (2012), Wadha, Nagpur.
2. K. Parameswaran, Power of Taxation under the Constitution (2012), Eastern,
Lucknow
3. Remesh Sharma, Supreme Court on Direct Taxes (2008), Bharath Law House,
New Delhi.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Component
Multiple Choice Quiz Moodle test (20 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Income Tax text books and cases (10 Marks): The purpose of this MCQ is to
develop students to understand the subject in depth and know the minute details of
Taxation Laws.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Individual presentation (10 Marks): students are assigned current and contemporary
topics relevant to the subject and course to make individual presentation. This
enhances the communication skill and improves the confidence of the student.
Case writing (10 marks): students are assigned topics to read a case study on a
particular topic and asked to condensed the case into small case lets. This enables
students to comprehend the case and present it in simple form.
.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
33
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 5X4= 20
B Analytical / Essay Type Questions and problems 2 X10 = 20
C Case study 1X10 = 20
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 5X7=35
B Analytical / Essay Type Questions 10X5=50
C Case study 1X15=15
COURSE: FINANCIAL MANAGEMENT
CODE: MCO 204 CREDITS: 03
Course Description:
Financial Management provides the knowledgebase for understanding the in-depth
knowledge of managing finance and enables students to understand the importance of time
value of money and the concept of wealth maximization. The subject equips students to apply
the right approach in terms of decision making in different situation to manage finance more
effectively.
Learning Outcomes:
Understand various concepts and problems of financial management
Better utilization of FINANCIAL resources and management of wealth
Awareness about the time value of money and wealth maximization
Explore different alternatives in different situations to maximize earning per share and
also dividend decision
Level Of Knowledge
As perquisites student should know basics of finance, source of finance and working capital
of the business organizations.
Unit – I Nature and Scope Of Financial Management: 05 Hours
Focus –Conceptual and Working Knowledge
34
Introduction; Definition and Scope of Corporate Finance; Importance of Corporation finance;
Finance function; Approaches to finance functions; Financial Management; Objectives of
Financial Management – Wealth Maximization, Profit Maximization & Maximizing the
Earning Per Share; Financial Decision; Financial Management Process; Functional Area of
Financial Management; Functions of Finance Manager; Organization of the Finance
Function.
Unit –II Time Value Of Money And Valuation Concepts: 05 Hours
Focus –Conceptual and Working Knowledge
Introduction; Concept of Time Value of Money; Techniques of Time value of Money;
Multiply Compounded periods; Doubling Periods; Effective Rate of Interest; Future Value of
an Annuity; Compound Value of an Annuity; Present Value Techniques.
Unit –III Cost Of Capital 08 Hours
Focus –Conceptual and Working Knowledge
Meaning, Concept and Definition; Significance of Cost of Capital; Cost of Debt and
Preference; Cost of Equity; Cost of Retained earnings; Determination of cost of Capital;
Weighted Average Cost of Capital; Floatation cost and Weighted average cost of capital.
Unit – IV Long Term Financing Decision: 10 Hours
Focus –Conceptual and Working Knowledge
Introduction; Sources of Long term Finance; Raising of Long term Finance – Venture
Capital, IPO, Right Issue, etc.; Meaning of Capitalisation; Need of Capitalisation; capital and
capitalisation; Over, Under and Fair Capitalisation their problems and benefits; Concept of
Capital Structure; Importance of Capital Structure; Assumptions of Capital Structure – Net
Income Approach, Net Operating approach, Traditional Approach; Essentials of a Sound
Capital Structure; Optimum capital structure; Point of Indifference; Capital Structure Policies
in Practice; Factoring Determining Capital Structure; Leverages – Meaning, Significance of
Leverages; Types of Leverages and Risk Factor.
Unit – V Investment Decision: 12 Hours
Focus –Conceptual and Working Knowledge
Meaning; Need and Significance of Capital Budgeting; Capital Budgeting Process; Project
Classification; Methods of Evaluation; Investment Criteria; Traditional Methods and
Discounted Cash flows Methods; Factors determining capital budgeting; Limitation of
Capital Budgeting; Risk Analysis in Capital Budgeting – Sensitivity Analysis, Break Even
Analysis, Simulation Analysis, Decision Tree Analysis.
Unit – VI Working Capital Management: 12 Hours
Focus –Conceptual and Working Knowledge
35
Meaning; Concept; Objectives; Kinds of Working Capital; Operating Cycle; Importance of
Working Capital; Dangers of Inadequate and Excessive Working Capital; Management of
Working Capital; Factors determining Working capital; Estimation of Working capital
Requirement. (Illustrations)
a. Cash Management – Motive of Holding cash; Cash budgeting; Cash collections and
disbursement; Options and Strategies for investing and Managing Surplus cash; Cash
Management Models. (Illustrations)
b. Inventory Management – Purpose/Benefits of holding inventory; Risk and cost of
holding inventories; Objectives of Inventory Management; Tools and Techniques of
Inventory Management. (Illustrations)
c. Credit Management – Cost of maintenance of Accounts Receivables; Forecasting the
receivables; Terms of Payments; Credit policy; Credit evaluation; Credit granting;
Collection policy; Controls of Accounts receivables. (Illustrations)
Unit – VII Dividend Policy: 08 Hours
Focus –Conceptual and Working Knowledge
Why firms pay dividends? Valuation of Firms; Types of dividends; Forms of Dividend;
Problems of irregular dividend; Determinants of Dividend Policy; Legal and Procedural
aspect; The Theory of Irrelevance; Residual Approach; Modigliani and Miller Approach; The
Theory of Relevance; Walter’s Approach and Gordon’s Approach.
Essential Reading
Shashi K. Gupta, Sharma R.k(2011). Financial management Theory and Practice (7 th
ed.).Delhi, India: Kalayani Publishers.
References:
Pandey I M (2009). Financial Management(9 th
ed.).India: Vikas Publishing House
Pvt Ltd .
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Quizzes (20 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
36
Financial management text books and cases (10 Marks): The purpose of this
MCQ is to develop students to understand the subject in depth and know the minute
details of financial management
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (40 Marks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about Cost Accounting and to work in teams with a deadline.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions and problems 102 x 2 = 20
C Case Study 10 x 1 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 X 5= 35
B Conceptual / Descriptive Type questions and Problems 10 x 5= 50
C Case Study 15x1=15
COURSE: MARKETING MANAGEMENT
CODE: MCO 205 CREDITS: 03
Course Description:
37
Marketing is a value-enhancing function that identifies opportunities, develops markets, and
builds brands. Consequently, good marketing enables companies to charge price premiums,
sustain competitive advantage and maintain long-run profitability. To this end, the course is
designed to equip their analytical skills and to practically apply the concepts and make the
students understand the buying decisions of the consumers.
Learning Outcomes:
State the role and functions of marketing within a range of organizations.
Describe key marketing concepts, theories and techniques for analyzing a variety of
marketing situations.
Identify and demonstrate the dynamic nature of the environment in which marketing
decisions are taken and appreciate the implications for marketing strategy
determination and implementation.
Apply the introduced conceptual frameworks, theory and techniques to various
marketing contexts.
Analyze the relevance of marketing concepts and theories in evaluating the impacts of
environmental changes on marketing planning, strategies and practices.
Demonstrate the ability to carry out a research project that explores marketing
planning and strategies for a specific marketing situation.
Synthesise ideas into a marketing plan.
Demonstrate the ability to justify marketing strategies and advocate a strategically
informed position when considering marketing plan implementation.
students to be able to take a joint view of different marketing decisions, i.e., product
and brand, pricing, promotions and distribution (placing) and understand how they are
interlinked.
Understand how marketing decisions need to be continuously adapted to changes in
the micro and macro environments that businesses operate in.
To develop insights into the step-by-step processes involved in the development of
new products
To plan, ensuring the successful future positioning and launch of new
products/services in the market place.
To understand the dynamics of competitors role in marketing and developing
strategies to deal with it
Level of knowledge:
As a prerequisite, the students should be having a basic knowledge about customers, markets,
business environment, and
Unit – I Introduction to Marketing Management: 08 hours
Focus: Conceptual and Analytical
Marketing management – meaning, four eras in the history of marketing, importance,
concepts, nature and importance of services marketing, characteristics of services marketing
– marketing myopia – avoiding marketing myopia.
38
Unit – II Marketing Environment and Marketing Research: 06 hours
Focus: Conceptual and Analytical
Gathering Information and scanning the environment, meaning and concept of Macro/Micro
environment – Introduction to Marketing Research – Objective, scope, limitations and
applications.
Unit – III Identifying and selecting market: 08 hours
Focus: Conceptual and Analytical
Consumer Buying Behavior, consumer decision making process, business market and buying
decision process, Market segmentation: targeting, segmenting consumer markets and
business markets, Positioning.
Unit – IV Product Planning and development: 08 hours
Focus: Conceptual and Analytical
Product concept, Product hierarchy, new product development, Product life cycle, product
mix strategies, Branding, Packaging and labeling.
Unit – V Pricing: 05 hours
Focus: Conceptual and Analytical
Importance of Pricing, objectives, pricing methods and pricing simulation, special pricing
strategies and situations.
Unit – VI Distribution: 08 hours
Focus: Conceptual and Analytical
Channels of distribution, selection of channel for consumer and business market, factors
influencing channel selection, channel design, channel conflicts and channel control
Unit – VII Promotion: 08 hours
Focus: Conceptual and Analytical
Integrated Marketing Communication (IMC), introduction to personal selling, sales
management, advertising, sales promotion, publicity and public relations. Basics of CRM,
focus on customer relationship, building relationship, an insight into CRM and ECRM
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Unit – VIII Competitors: 04 hours
Focus: Conceptual and Analytical
Identifying competitors, analyzing competitors, designing competitor intelligence systems,
designing competitive strategies
Unit – IX Marketing Strategy planning: 05 hours
Focus: Conceptual and Analytical
Marketing strategic plan – meaning, selecting a market oriented strategy, creative strategic
plan, implementing and controlling market plans.
Unit –X Service Learning Concept
Focus: Conceptual and analytical
Meaning-Stages in Service learning process, Areas for implementation, Methodology ,
Assessment & evaluation
Books for Reference:
1. Marketing Management – Jerome Mc Carthy
2. Fundamentals of Marekting Management, M J Eztel, B J Walker, William J Stanton,
TMH, 13th
Edition, 2005
3. Principles of Marketing, Philip Kotler, Gary Armstrong, Pearson / PHI 12th
Edition, 2005
4. Marketing Management: The Indian context, Ramaswamy and Namakerni – Mc Millan
India ltd, 2004
5. Customer Relationship management by Peru Mohamed Vikas Publication
Essential reading:
Kotler, P., armstrong, G., Agnihotri, P. Y., & Haque, E. U. (2011). Principles of marketing.
(13 ed.). Delhi: Pearson Publication.
References:
Kotler, P., & Armstrong, G. (2005). Principles of marketing. (12 ed.). Delhi: Pearson
Publication.
Eztel, MJ., Walker, BJ., Stanton, William. (2005). Fundamental of marketing
management. (13 ed.). Delhi: Tata McGraw Hills.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
40
1. CIA components
Multiple Choice Questions and Crossword puzzles (20 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Marketing Journal (10 Marks): The purpose of Marketing journal is the active
participation in the class and developing analytical and critical thinking on various
topics of the course. This is achieved through regular note-taking, add insights from
your related library and online research, write case study answers and other reports
assigned by the instructor. The grading will be on the basis of relevant content, depth
of analysis, grammar, spelling, and neatness.
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (40 Marks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about OB and to work in teams with a deadline.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 x 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study 1 x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 x 5 = 35
B Conceptual / Descriptive Type questions 5 x10 = 50
C Case Study 1 x 15 = 16
41
COURSE: HUMAN RESOURCE MANAGEMENT
CODE: MCO 206 CREDITS: 03
Course Description
Human Resource Management views organization’s manpower as its most important
resource and the modern outlook considers human resource as an asset to the organization. In
the present complex and rapidly changing socio-economic environment, no business or
organization can exist or grow without effective management of human resources. This
course exposes to students the broad areas in Human Resources Management in a systematic
manner beginning with the understanding of basic concepts progressing to human resource
planning, recruitment, selection, training & development, performance appraisal functions of
HRM. It also provides knowledge of Industrial Relations, Trade Unions and Compensation
management aspects.
Learning Outcomes
Awareness of HR and its importance in every organization.
Develop necessary skills to manage HR effectively.
Understand the techniques of recruitment and selection and the related industry
practices
Appreciate the importance of performance appraisal and critically evaluate the various
methods of appraisals
Analyze training needs and adopt appropriate training methods
Understand Industrial relations & Trade Unions
Enhance conflict management and resolution skills
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to
organizations, business, and business management.
Unit I: Introduction 10 Hours
Focus: Basic and Conceptual
Meaning and definition of HRM –Nature of HRM – Importance – Objectives – Role and
status of HRM, Personnel Management and HRM, Functions of HRM ; Strategic HRM;
Role, duties and Responsibilities of HR managers; Human Resource Planning – Process of
HRP; Job Analysis - objectives of job analysis – process of job analysis; Job description –
guidelines for effective job description.
42
Unit 2: Recruitment and Selection 12 Hours
Focus: Basic and Conceptual
Meaning and importance – factors affecting recruitment – Constraints and challenges in the
recruitment process – steps in recruitment process-Sources of recruitment – internal and
external – electronic recruiting. Selection – meaning – steps in selection process;
Socialization and Induction- Importance; Promotion – Transfers – Retirement, Resignation
and other Separations.
Unit 3: Performance Appraisal 10 Hours
Focus: Basic and Conceptual
Introduction- meaning & definition – objectives – benefits and uses- Appraisal process –
Methods of performance appraisal – Problems with performance appraisal – Errors in the
appraisal process; Essentials of an effective appraisal system; Coaching and Mentoring –
meaning, purpose, differences; Job Evaluation – Methods of Job evaluation.
Unit 4: Training and Development 10 Hours
Focus: Basic and Conceptual
Meaning and importance –Training methods – On the job/Off the job – Evaluation of
training; E-learning – benefits of e-learning – weakness of e-learning; Emerging issues in
training. Human Resource Development (HRD) – introduction; Process of career
development – Career counseling.
Unit 5: Industrial Relations and Trade Unions 10 Hours
Focus: Basic and Conceptual
Importance & scope of IR; Grievance Handling and Industrial Discipline; Industrial
Disputes; Meaning of Industrial Conflicts, Causes and Types of IC-Strikes & Lockouts;
Settlement of Industrial Disputes; Objectives & Importance of Trade Unions- Reasons for
employees to join a trade union- Problems of Trade Unions & Remedies; Collective
Bargaining-Meaning, definition & concept of CB; CB Process; Essential conditions for the
success of CB.
Unit 6: Compensation Management 05 Hours
Focus: Basic and Conceptual
Wages –Salary- Incentives – meaning, objectives, principles, factors influencing Wage and
Salary Administration- concept of minimum wage, fair wage, living wage; Brief overview of
incentive plans- Essentials of a good incentive plan.
43
Unit 7: Recent Development in HRM 03 Hours
Focus: Basic and Conceptual
Human Resource Accounting (HRA) – Meaning- Definition- Significance- objectives –
overview of methods; Human Resource Management Information System (HRIS) –
Introduction – need – objectives – Computerised HRIS.
Unit 8: Service Learning Concept
Meaning-Stages in Service learning process, Areas for implementation, Methodology,
Assessment & evaluation
Essential Reading
Rao, V.S.P., (2002). Human Resource Management - Text & Cases, New Delhi, Excel Books
References
1. Gupta, S. K. & Joshi, K. (2010). Human Resource Management. (4th ed.). New
Delhi: Kalyani Publishers.
2. Rao, S. (2010). Essentials of HRM and Industrial Relation. (3 ed.). Mumbai:
Himalaya Publishing House. DOI: www.himpub.com
3. Flippo, E. B. (1984). Personnel Management. (6th ed.). singapore: Tata Mc Graw
Hill.
4. Armstrong, M., & , H. (2008). Essential Human Resource Management Practice.
(10th ed.). Uttar Pradesh: Kogan Page ltd.
5. Ashwathappa, K. (2009). International Human Resource Management. (3RD ed.).
Noida: Tata Mc Graw Hill. ,
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Group Exercises (20 Marks)
Based on an organization study and its HR practices presentations on various aspects
such as human resource planning, human resource policies of the organization,
recruitment and selection policies, methods of performance appraisal, training
techniques etc.
Group Exercises in developing Job Description and Job Specifications for specific
Job positions.
Designing a newspaper advertisement copy for specific job positions.
Role Plays – conducting selection interviews for the job; performance appraisal
discussion, exit interviews, trade union- management negotiations
44
Case Studies- Analysis of cases relating to each unit. Detailed discussion and
analysis. Evaluation based on active participation during discussions.
Multiple Choice Quizzes (20 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz. The test will be conducted online using the course Moodle
page.
Moodle Discussion Forums (10 Marks):
To continue classroom discussions and share relevant insights, the instructor would
start some online discussion in the course’ Moodle page. Students are required to
contribute to the discussion with their original ideas. Copy & Paste from any source is
strictly forbidden. Original posts should contain a minimum of 150 words and
comments to others posts should have a minimum of 75 words. Grading will be on the
basis of quality of the reflections.
Individual Writing Assignments (20 Marks):
The objective is to develop writing and research skills of the students. Students are
required to follow APA format for any referencing. General rubrics for assessing
essays will be followed for grading purpose. Online submission of assignment
through course Moodle page.
COURSE: PROJECT AND OPERATIONS MANAGEMENT
CODE: MCO 301 CREDITS: 03
Course Description:
The course project and operations management gives a conceptual framework for conceiving
a project. It helps the students to understand the steps involved in setting up a sound project
through market, technical and financial analysis. It also introduces the learner to the basic
concepts in operations management.
Learning Outcome:
To help the students to understand the basics of project management
To expose the students to market and technical analysis of a project
Provide an overview of the financial analysis of a project.
Understand how the network techniques are implemented
Understand inventory and material management principles
Level of Knowledge
As perquisites students should have basic knowledge about how to start a business,
requirement of initial set up of business, basics of project report.
45
Unit 1: Introduction to Project Management 06 Hours
Focus: Conceptual
Concepts of project management, project identification, project formulation, project analysis
project risk, project planning, feasibility study – schematic diagram
Generation and screening of project ideas – Generation of ideas, monitoring the environment,
corporate appraisal, scouting for project ideas, preliminary screening
Unit 2 Analysis: Market and Demand Analysis 06 Hours
Focus: Conceptual and Analytical
Situational analysis- collection of secondary information- market survey demand forecasting-
market planning technical analysis, manufacturing process/technology- product mix –plant
capacity location and site- machineries and equipment
Unit 3: Technical Analysis 06 Hours
Focus: Conceptual and Analytical
Material Inputs and Utilities, Manufacturing process for technology, Product Mix, Plant
Capacity, Location and Site, Machineries and Equipments, Project Charts and Layouts, Work
Schedule and need for considering alternatives
Unit 4: Financial Analysis 10 Hours
Focus: Conceptual and Analytical
Cost of project, means of finance estimates of sales and production, cost of production,
working capital requirements, financial, profitability projections or estimates of working
capital results, break even point, projected cash flow statements, projected Balance Sheets,
Multi – Year Projections
Unit 5: Project Planning 06 Hours
Focus: Conceptual
Project planning—functions – project objectives and polices identifying strategic project
variable - statement of work- mile stone schedules tools for planning hierarchy of plans,
forms of project organisation
Unit 6: Project Direction, Co-Ordination And Control 06 Hours
Focus: Conceptual
Project direction, communication in a project, project co- ordination, project control,
scope/progress schedule control, cost control, performance indicators, performance
improvement, and project management environment
46
Unit 7: Project Implementation 06 Hours
Focus: Conceptual
Project control, human aspects of project management, pre requisite for successful project
implementation
Classification of projects- activities in project implementation—project management
organisation—experiences of actual execution of project – highlights if achievements—
importance of project management organisation salient features of good project management
organisation important conclusions of project management.
Unit 8 Introduction to Operations Management 06 Hours
Focus: Working Knowledge
Basic concepts of operations management, Production Planning and control, Maintenance
Management, Quality Control, Best Practices in the industry – ISO, 6-Sigma, Total Quality
Management
Unit 9 Factory Design and Inventory Management 08 Hours
Focus: Conceptual
Operation strategy in formation of location of an enterprise, factory design and layout
Inventory Functions and Types of Inventories – Inventory Planning, Inventory Cost, EOQ,
Modification of EOQ, JIT concepts (deterministic and probabilistic models)
Material handling principles and practices product design, process design - project charts and
layouts- schedule of project implementation –need for considering alternatives- financial
estimates and projects
Essential Reading
Prasanna Chandra, (2009), Projects planning analysis selection implementation and review,
Tata McGraw- Hill
Recommended Reading
Vasant Desai, (2000), Project Management and Entrepreneurship, Himalaya
Publishing House
K Nagarajan, (2004), Project Management (2nd
ed.), New Age International
Publishers
R C Mishra & Tarun Soota (2005), Modern Project Management, New Age
International
Publishers
Sarin K & Buffa S (2009), Production and Operations management (8th
ed.), Wiley –
India
William Stevenson (2011), Operations Management (11th
ed.), McGraw-Hill
47
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Cia-1 Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 4 x 5 = 20
B Analytical / Essay Type Questions 2 x 10 = 20
C Case analysis 1 x 10 = 10
2. CIA 2 Components:
Multiple Choice Quizzes (10 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Case Analysis (10 Marks)
This component tests the understanding of theoretical concepts and practical
application of the same.
3. CIA 3 Components:
Subject Teaching (5 Marks)
Topics relevant to the curriculum will be assigned well in advance to the learners. The
learners go refer various literatures on the topic and actively participate in the class room
discussion. This component helps in improving class participation.
Group Presentation (15 Marks)
Group presentations will involve working with your peers outside of class on specific topics.
It gives the opportunity to apply what is learnt about international business and to work in
teams
End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual/descriptive Type questions 7 x 5 = 35
B Analytical / Essay Type Questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
48
COURSE: STRATEGIC MANAGEMENT & POLICY MAKING
CODE: MCO302 CREDITS: 04
Course Description:
Strategic management and policy making is a paper by research. It introduces core concepts
of strategic management such as strategy formulation, implementation and control. The
course will provide an integrated approach and allow students to bring together all their
learned functional skills (i.e., accounting, finance, marketing, etc.) and use them to study
organizational problems within the context of real-world business case studies. Being a paper
by research it will help the students to enhance their research skills.
Learning Outcomes
Evaluate the impact and influence of the external environment on an organization and
its strategy
Better skilldevelopment about how to manage relationships with stakeholders
Understand how to interact with suppliers and customers
Gain insight into the enormous strategic environment
Comprehend strategic business unit
Ascertain the leadership styles
Understand the procedure of social audit
Better control on strategy management
Be acquainted with how NGO’s work
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to
business, and Strategy management.
Unit 1: Overview of Strategic Management 06 Hours
Focus: Basic and Conceptual
Overview of Strategic Management – Nature & Scope- Defining Strategy - Concept of
Strategic Management – Characteristics of Strategic Management- Approaches to Strategic
Decision-making - Elements in Strategic Management Process.
Unit 2: Strategy Formulation 06 Hours
Focus: Basic and Conceptual
Strategy Formulation –Corporate level Strategy - Corporate vision, mission and objectives -
Types of strategies - Guidelines for crafting successful business strategies- Strategy
formulation Process & Tools.
49
Unit 3: Environment of Strategic Management 10 Hours
Focus: Basic and Conceptual
Environment of Strategic Management - Environmental Analysis –External Environment –
Social , Technological, Economic & Political Environment–.-Internal Environment –
Resource Based Strategy – Approaches to Internal Analysis - SWOT Analysis – GAP
Analysis - Industry Analysis - Porter's Five Forces Model of competition - Competitive
Advantage – Resources, Capabilities & Competencies – Core Competency.
Unit 4: Strategic Business Unit 06 Hours
Focus: Basic and Conceptual
Strategic Business Units (SBU)- Operational Strategy – Financial Strategy – Marketing
Strategy – Human Resource Strategy.
Unit 5: Strategic Implementation 10 Hours
Focus: Basic and Conceptual
Strategy Implementation -Issues in implementation - Project implementation- Procedural
Implementation - Resource Allocation - Budgets - Organization Structure - Matching
structure and strategy - Behavioral issues - Leadership style - Corporate Culture - Values -
Power - Social Responsibilities - Ethics - Building a capable organization. - Functional
issues.
Unit 6: Strategic Evaluation and Control 08 Hours
Focus: Basic and Conceptual
Strategy Evaluation & Control - Importance - Symptoms of malfunctioning of strategy –
Establishing Strategic Controls - Operations Control and Strategic Control - Role of
organizational systems in evaluation
Unit 7: Organizational Development and Change 08 Hours
Focus: Basic and Conceptual
Implementing Strategic Change – Need for change - Strategic alternatives - Diversifications -
Mergers and Acquisitions - Turnaround, Divestment and Liquidation strategies.
50
Unit 8: Emerging issues in strategic management 06 Hours
Focus: Basic and Conceptual
Emerging issues in strategic management - Social audit - Corporate transparency –
Management of NGOs.
Essential Reading
Arthur A. Thompson Jr. and A.J.Strickland.(2010). Strategic Management( 12 ed.)Mcgraw-
Hill/Irwin
References:
John A Pearce II, Richard B. Robinson Jr.(2010) Strategic Management – Formulation
Implementation & Control.( 12 ed.) New Delhi:Tata McGraw-Hill.
S.C. Bhattacharya.(2005)Strategic Management – Concepts & Cases( 4 ed.).New
Delhi; Wheeler Publishing.
Evaluation Pattern
Grading in the course will be out of 150 marks, out of which 50 marks are allotted to the
research work, i.e. 30 marks for research material, 10 marks for attending the library and 10
marks for interaction with the guide.100 marks will be for the end semester examination and
CIA.
1. CIA Components
CIA1-Midsemester exam
CIA2-Class test and Moodle test
CIA3-Individual Presentation
CIA Research Component:
Library Work (10Marks): The purpose of library work is to instill in students
research culture. Here the students will be spending time in library and researching
their topics which they will write in a journal. The grading will be on the basis of
relevant content, depth of analysis, grammar, and citation.
Student Interaction (10 Marks): the students will be interacting with the guide and
will discuss about the progress of their research. The students should raise any issues
faced while the research is being conducted by them.
Written Test (10 Marks): A written test will be conducted for the students as one of
the components. Only the portion assigned to them for research, will be included for
this purpose.
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
51
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Presentations (20 Marks): The objective is to develop presentation skills
of the students. The students are required to present the topic which they researched in
library in detail. Marks are allotted on the basis of content and innovative presentation
style.
Strategic Management Research Material (30 Marks): At the end of the
presentations, all the material collected by the students will be compiled in a book.
This will be the final research material, with uniform style covering the entire course
work done by students.
2. Mid Semester Exams:50 marks paper to be completed in 2 hours duration.
The groups will have questions only from the topics assigned to them for mid-
semester examination.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 5 X 4 = 20
B Analytical\Essay type questions type questions 2 x 10 = 20
C Case analysis 1x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 X 5 = 35
B Analytical\Essay type questions type questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
52
COURSE: ENTREPRENEURSHIP
CODE: MCO 303 CREDITS: 03
Course Description:
The course Entrepreneurship gives the learners a conceptual framework of the
business environment in which the entrepreneurs operate. It gives insights
about the ways to start a new venture, creating organizational and business
plan and creating strategies for growth of the venture
Learning Outcomes:
To understand the concepts of entrepreneurship
To help the students to identify opportunities to start a new venture
To help the learners to understand the ways to formulate business plans
To understand the strategies to sustain and grow
Level of Knowledge:
To do this course the students should be from B.com or BBM background.
Unit -1 The Entrepreneurial Perspective (8 Hours)
Focus: Conceptual
Nature and development of Entrepreneurship, Definition of Entrepreneur today, The
Entrepreneurial Decision Process, Types of Start-Ups, Role of Entrepreneurship in Economic
Development, Entrepreneurial careers and Education, Ethics and social responsibility of
entrepreneurs, the future of entrepreneurship, the entrepreneurial process, managerial versus
entrepreneurial decision making, causes for interest in intrapreneurship, corporate versus
intrapreneurship, intrapreneurial leadership characteristics, establishing intrapreneurship in
the organization, problems and successful efforts
Unit-2 The Individual Entrepreneur (6 Hours)
Focus: Conceptual
Entrepreneurial feelings, entrepreneur background and characteristics, motivation, role
models and support systems, male versus female entrepreneurship, entrepreneurs versus
inventors, the nature of international entrepreneurship, the importance of international
business to the firm, international versus domestic entrepreneurship, entrepreneurial entry
into international business, barriers to international trade.
Unit-3 Creating And Starting The Venture (8 Hours)
53
Focus: Conceptual & Analytical
Sources of new ideas, methods of generating ideas, creative problem solving, opportunity
recognition, product planning and development process, E-commerce and business start-ups,
intellectual property, need for a lawyer, legal issues in setting up the organization, patents,
business methods patents, trademarks, copyrights, trade secrets, licensing, product safety and
liability, insurance, contracts.
Unit-4 Business Plan for Creating And Starting The Venture
(8 Hours)
Focus: Conceptual
Planning as part of business operation, what is the business plan, who should write the plan,
scope and value of business plan, presenting the plan, information needs, using the internet as
a resource tool , writing the business plan, using and implementing the business plan, why
some business plan fail, industry analysis, marketing research for new venture, understanding
the marketing plan, characteristics of a marketing plan, the marketing mix, steps in preparing
the marketing plan, contingency planning, why some plans fail.
Unit-5 The Organizational Plan (8 Hours)
Focus: Conceptual & Working
Developing the management team, Legal forms of business, Tax attributes of forms of
business, Tax incentives for new ventures, statutory requirements and operational
compliances, the limited liability company versus the S corporation, the limited liability
company, building the management team and a successful organization culture, the role of a
board of directors, the board of advisors, the organization and use of advisors, an overview of
financing the new venture, personal funds, family and friends, commercial banks, role of
SBA in small business financing, R&D limited partnerships, government grants, private
placement, bootstrap financing, financing the business, informal risk capital market, venture
capital, valuing your company, deal structure.
Unit-6 Managing And Growing The New Venture (9 Hours)
Focus: Conceptual
New entry, generation of new entry opportunity, assessing eh attractiveness of a new entry
opportunity, entry strategy for new entry exploitation, risk reduction strategies for new entry
exploitation, growth strategies, economic implications of growth, implications of growth for
the firm, overcoming pressures on existing financial resources, financial control, overcoming
pressures on existing human resources, overcoming pressures on the management of
employees, overcoming pressures on entrepreneurs time, implications of firm growth to the
entrepreneur.
Unit-7 Accessing Resources For Growth From External Sources (8 Hours)
54
Focus: Conceptual
Using external parties to help grow a business, franchising, investing in a franchise, joint
ventures, acquisitions, mergers, leveraged buyouts, overcoming constraints by negotiating for
more resources, advantages and disadvantages of going public, the alternatives to go public,
timing of going public and underwriter selection, registration statement and timetable, legal
issues and blue-sky qualifications, after going public, myths concerning going public
Unit-8 Exit Strategies ( 5 Hours)
Focus: Conceptual
Sickness and prevention, bankruptcy-an overview, reorganization, extended
time payment plans, liquidation, strategy during reorganization, keeping he venture going,
warning the signs of bankruptcy, starting over, the reality of failure, business turnarounds,
exit strategy, succession of business, harvesting strategy.
Essential Reading :
Robert D Hisrich, Michael P Peters, Dean A Shepherd (2009) ENTREPRENEURSHIP, (6th
ed) Tata McGraw Hill publications.
Recommended Reading:
Vasant Desai (2002), Dynamics of Entrepreneurial Development and Management, Himalaya
Publishing House
C B Gupta & N P Srinivasan (1999), Entrepreneurial Development, Sultan Chand & Sons
55
COURSE: MANAGEMENT ACCOUNTING AND FINANCIAL ANALYSIS
CODE: MCO 305A CREDITS : 03
Course Description
This paper is offered as a core paper in forth semester. It develops and understanding among
the students towards management accounting activities
Learning Outcomes
To develop in students a knowledge and Understanding of the Management
Accounting Concepts and Techniques associated with the Internal Management of a
Business within a Changing Environment.
To enable students to identify appropriate Management Accounting Techniques for
Decision Making, Planning and Control; and apply these Techniques in the
generation of Management Accounting Reports.
To develop in students a critical appreciation of the various Management Accounting
Techniques adopted for Planning, Decision Making and Control.
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts
relating to Management Accounting Concepts and Techniques associated with the
Internal Management of a Business within a Changing Environment.
This is designed to equip students with the skills and knowledge demanded by
employers and will give a competitive edge.
Unit I: Foundations of Financial Statement Preparation & The Institutional
Influences on the Development of Financial Statements Preparation 15 Hours
Focus: Conceptual and Working Knowledge
Basic terminology ,The income statement ,The balance sheet ,Statement of changes,
generally accepted accounting principles and financial statements, The financial
accounting standards board, Techniques of analyzing financial statements
Interpretation of financial statements via the analysis of corporate reports, The
financial accounting standards board, Techniques of analyzing financial statements
Interpretation of financial statements via the analysis of corporate reports.
Unit II: Funds Flow Statement 12 Hours
Focus: Conceptual and Working Knowledge
Concept of funds, working capital ,Objectives of funds flow statement , Uses & significance,
56
Uses & significance, Calculation of funds from operation, Calculation of funds from
operations , Preparation of funds flow statement (advanced problems)
Unit III: Ratio Analysis 12 Hours
Focus: Conceptual and Working Knowledge
Introduction, classification of ratios , Ratios in the areas of performance, growth,
profitability, financial adaptability, liquidity, activity and gearing of business, segmental
analysis; inter firm comparison
Unit IV: Management Reporting 08 Hours
Focus: Conceptual and Working Knowledge
Reporting to management, Types of reports, Principles of reports, disclosures, productivity
and profitability reporting, Performance measurement/development reports.
Unit V: Responsibility Accounting 08 Hours
Focus: Conceptual and Working Knowledge
Definition ,Principles ,Process, Responsibility reporting , Centers of control , Benefits ,
Implementation of responsibility accounting , Measuring managerial performance
Unit VI: Developments in Management Accounting 05 Hours
Focus: Conceptual and Working Knowledge
Introduction, Total quality management, Optimized production technology, Just in time
concept.
References:
Monilal, Das,(2009), Practice in Management Accountancy, Rabindra Library Publication,
New Delhi.
Prescribed Text Books
Gupta, S.P. (2012), Management Accounting, Sahitya Bhavan Publications, New Delhi
Khan, M.Y. and Jain, P.K.(2010), Management Accounting, Tata McGraw Hill, New Delhi
Shashi, K.Gupta and R.K.Sharma,(2011) Management Accounting, Kalyani Publishers, New
Delhi
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
57
1. CIA Components
Individual Assignments with Annual Reports of companies:
Procuring annual reports of companies -individual copies- Analysis and interpretation
of Financial Statements.
Understanding the application of accounting principles & concepts in annual reports.
Preparing funds flow statement from annual report and interpretation.
Calculating ratios from annual report and interpretation.
Online Discussion forum participation - 05 marks.
Online test using Moodle- 10 marks
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz. The test will be conducted online using the course Moodle
page.
Case studies
Analysis of cases relating to each unit. Detailed discussion and analysis. Evaluation
based on active participation during discussions.
Moodle Discussion Forums (10 Marks):
To continue classroom discussions and share relevant insights, the instructor would
start some online discussion in the course’ Moodle page. Students are required to
contribute to the discussion with their original ideas. Copy & Paste from any source is
strictly forbidden. Original posts should contain a minimum of 150 words and
comments to others posts should have a minimum of 75 words. Grading will be on the
basis of quality of the reflections.
COURSE: ADVANCED COST ACCOUNTING
CODE: MCO 306A CREDITS : 03
Course Description:
Advanced Cost Accounting provides the knowledgebase for understanding the in-depth
knowledge of advanced approach of cost accounting to enable students to apply costing
techniques to assist management for taking appropriate decisions. The subject equips students
to apply the cost-benefit approach in an organization and be more effective.
Learning Outcomes
Understand various concepts and problems of Advanced cost Accounting to apply
them in cost reduction and maximizing the profits in organizations.
Better utilization of resources and ascertainment of cost in both manufacturing and
services sector
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Awareness about the costing procedure with reference to Hotels,
hospitals and IT sectors
Explore deeply techniques adopted to strategize the cost-effective methods and help the
management in decision making
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to Cost
Accounting Methods and Techniques
Unit I- Process Costing 10 Hours
Basic features of process costing – Costing procedure under process costing- work in
progress valuation- Accounting with opening and closing work in progress, under FIFO
method and weighted average methods of accounting. Inter process costing profit -
accounting for joint products and by products.
Unit II--Service Costing 10 Hours
Classification of costs, selection of units, and ascertainment of cost for Hospitals, Hotels,
Transportation undertakings, (Problems) and IT services.
Unit III- Integrated Accounting ( 6 Hours)
Integrated accounting vis-à-vis cost accounting and financial accounting Principles of
integrated accounts- Essential features of integral accounting- practical problems
Unit IV- Cost Analysis for Managerial Decision Making 12 Hours
Marginal costing and absorption costing - Concepts in decision making Relevant cost and
irrelevant costs Differential cost Difference between Differential cost analysis and Marginal
costing Practical application of differential costing. – determination of most profitable level-
Accept or reject decisions make or buy decisions Sell or process decisions , level of activity
planning , purchasing or leasing.
Unit V- Budgetary Control 10 Hours
Budget and Budgetary control, objective of budgetary control- Essential requirements of
Budgetary control- Organization of Budgetary control- Types of Budget; Functional budget -
Master budget- Fixed budget and Flexible budget, Budgetary control and Reporting-
Performance budgeting – Zero based Budgeting, Advantage and limitations of budgetary
control-
Unit VI- Standard costing and variance Analysis (12 Hours)
Standard Cost and Standard Costing – Standard costing and budgetary control- Std costing
and Estimated cost – Standard costing and Marginal costing – Preliminaries to the
establishment of standard costs-Analysis of Variances: Direct Material variances, Direct
Labour variances , Overhead variances- Sales variances advantages and limitations of
standard costing.
Essential Reading
Jain. S.P,Narang, K. L &Simmi Agrawal(2010). Advanced Cost Accounting (12th
ed.).Delhi ,
India: Kalayani Publishers.
References:
59
Maheshwari.S.N (2009).Advanced problems and solutions in Cost Accounting(20th
ed.).India: Vikas Publishing House Pvt .
Madegowda J(2012). Advanced Cost Accounting (2nd
ed.) Mumbai, India:
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
Multiple Choice Quizzes (20 Mks)
This component tests familiarity and understanding the content of the course. Students who
regularly attend classes and read the text and other relevant materials will be able to do well
in the Quiz.
Cost Accounting text books and cases (10 Marks): The purpose of this MCQ is to
develop students to understand the subject in depth and know the minute details of cost
accounting
Moodle Discussion Forums (10 Marks): To continue our classroom discussions and
share your relevant insights, the instructor would start some online discussion in the
course’ Moodle page. You are required to contribute to the discussion by your
original ideas. Copy & Paste from any source is strictly forbidden. Original posts
should contain a minimum of 150 words and comments to others posts should have a
minimum of 75 words. Grading will be on the basis of quality of the reflections.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (40 Marks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about Cost Accounting and to work in teams with a deadline.
Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions and problems 10 x 2 = 20
C Case Study 10 x 1 = 10
End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7 X 5= 35
B Conceptual / Descriptive Type questions and Problems 10 x 5= 50
C Case Study 15x1=15
60
COURSE: ADVANCED TAXATION
CODE: MCO 307A CREDITS: 03
Course Description:
Advance Taxation is offered as a core paper in the third semester M.com students. It
primarily deals with various tax incentives given to SEZ and assessment of various entities. It
prepares students with Income Tax Act on aspects of returns assessment and penalties. It
provides thorough knowledge of various concepts and their application relating wealth tax
and advance tax payable.
Learning Outcomes:
To familiarize of various tax incentives and benefits under income tax act
To enable students to gain knowledge on assessment of various entities.
To provide knowledge on aspects of returns, assessment, penalties.
To acquaint with FBT and advance tax obligations
To familiarize with the wealth tax provisions and computation.
Level of Knowledge
As a prerequisite, the students should be having a Basic knowledge about computation of
total income and tax liability of individual and other Tax provisions prevailing in India.
Unit I: Exempted Income of Specific Assesses
Focus: Conceptual & Analytical 06 Hours
Exemptions for Undertakings in Free trade zones, Units in Special Economic Zones, 100% EOU,
Industries exporting certain articles/things, Undertakings in North eastern regions. (sec 10A,
10AA, 10B, 10BA,10BB, 10C). Charitable Trusts: Conditions, Registration, income exempted,
Non applicability(Sec 11, 12, 12AA & 13), Income of political parties(Sec 13) (Simple
problems)
Unit II: Assessment of Individuals, HUF, Partnership Firms, AOP/BOI. 11 Hours
Focus: Conceptual & Analytical
Individuals: Computation of total income and tax liability with incomes chargeable to special
rates of tax, Capital Gains from GDR. Special provisions applicable to Non Resident Indians.
Computation of total income and tax liability.
HUF: Schools of Hindu Law, Partition of HUF, Assessment after partition
61
Partnership Firm: Conditions for firm to be assessed as FIRM, Book profits u/s 40(b), Set off
and carry forward of losses, Computation of total Income and tax, Change in Constitution,
Dissolution, Succession, liability of partners
AOP/BOI: Method of computing total income and tax payable (sec 67A)
Unit III 09 Hours
Focus: Conceptual & Analytical
Assessment of Companies - Definitions, Carry forward and set off of losses, Minimum Alternate
tax, Credit of MAT, Corporate dividend tax, Tax on income distributed to unit holders of UTI or
mutual funds. Computation of total income and tax and interest liability. Liability of liquidator,
liability of directors of private company.
Unit IV 04 Hours
Focus: Basic and Conceptual
Return of Income and assessment - PAN, Obligation to file, Types of returns, Self assessment,
Regular Assessment, Best judgment assessment, Income escaping assessment, Time limits(sec
139 to 154).
Unit V 06 Hours
Focus: Conceptual & Analytical
Advance Tax, FBT & Interest - Liability of advance tax, installments, consequence of more or
less payment, assessee deemed to be in default. Fringe Benefit Tax: Definitions, Scope of
chargeability, Fringe benefits, Computation of FBT, Advance payment of Tax, Returns,
Assessments.Interest for default in furnishing return of income, payment of Advance tax and
FBT.
Unit VI 02
Hours
Focus: Basic and Conceptual
Assessment of Search Cases - Search and seizure, Applicability of scheme, block period,
undisclosed income, Procedure for assessment, Rate of tax, interest and penalty, time limit,
appeal.
Unit VII 03 Hours
Focus: Basic and Conceptual
Double Taxation relief, Appeals, revision and reference- Agreement with foreign countries,
countries with which no agreement exists. First appeal, Appellate Tribunal, Appeals to Appellate
tribunal, High court, Supreme court. Revision by Commissioner.
Unit VIII 02 Hours
Focus: Basic and Conceptual
62
Penalties and prosecutions-Concept of Mens-rea, Penalties, power to reduce penalties, procedure,
compounding of offence, prosecutions.
Unit IX 03 Hours
Focus: Basic and Conceptual
Miscellaneous Provisions-Income from international transactions, Arms length price and transfer
pricing. Refunds, Advance Rulings, Purchase of immovable properties by Central Government
Mode of acceptance and repayment of loans, Void Transfers,
Unit X Wealth Tax 10 Hours
Focus: Conceptual & Analytical
Definitions, Valuation date, Scope of chargeability, Deemed assets, Valuation of assets, Returns,
assessment, time limits, Reference to valuation, penalties and prosecution. Problems on
computation of net wealth and tax liability.
Unit XI Wealth Tax 4 Hours
Focus: Conceptual & Analytical
Tax planning for salaries on accommodation, allowances or perquisites, retirement benefits.
Simple case studies on all heads of income.Tax liability on death, Rights, duties and liabilities of
representative assessee and executors
Essential Reading
1. Vinod.K.Singhania. (2012). Direct Taxes-Law && Practice. Taxman Publication.
2. Mehrotra.H.C.(2012). Income Tax Law and Accounts Including Tax Planning.
Sahitya Bhawan publications.
3. Narang. & Gaur. (2012). Income Tax. Himalaya Publication House.
References
1. Prasad, B. (2012). Direct Taxes-Law & Practice. Wishwa Prakashana.
2. T.N.Manoharan. (2012). Students Handbook on Income Tax Law. Snow White
Publication.
3. Harshad.C.Chowdhry. (2012). Central Excise & Customs. Ashoda Publications.
4. Jain, J. &.Jain.A (2012). Law of Central Sales Tax in India. Jaipur: Anand Prakashan.
5. Narang. & Gaur. (2012). Income Tax. Himalaya Publication House.
6. V.Balachandran. (2012). Indirect Taxes. New Delhi: Sultan Chand Sons.
63
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Component
Multiple Choice Quiz Moodle test (20 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Income Tax text books and Cases (10 Marks): The purpose of this MCQ is to
develop students to understand the subject in depth and know the minute details of
Taxation Laws.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Individual Presentation (10 Marks): students are assigned current and contemporary
topics relevant to the subject and course to make individual presentation. This
enhance the communication skill and improves the confidence of the student.
Case Writing (10 marks): students are assigned topics to read a case study on a
particular topic and asked to condensed the case into small case lets. This enables
students to comprehend the case and present it in simple form.
.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 5X4= 20
B Analytical / Essay Type Questions and problems 2 X10 = 20
C Case study 1X10 = 20
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 5X7=35
B Analytical / Essay Type Questions 10X5=50
C Case study 1X15=15
64
COURSE: BANK MANAGEMENT
CODE: MCO 305B CREDIT: 03
Course Description
Bank Management helps the students to learn how opportunities and threats that coincide
with change in Banks. This course aims to provide an understanding of the essential elements
in the process of banking business in Domestic and International Banking. This paper
introduces the legal and regulatory framework, financial management, Information
Technology, Security and control system, marketing of product and services in Banks.
Learning Outcome:
Provides an overview of banking business in India and offshore
To equip the students with the skill of managing bank funds (Risk, Returns and
employment of bank
funds)
To enable the students to understand the latest developments and Modern Banking
Practices.
To learn Security and control systems in banks
To learn the various strategies to retain Customers.
Learning Knowledge:
As a prerequisite, the students should be having basic knowledge about concepts relating to
Bank, Bank operation, Role of Central Bank and basic of Electronic banking.
Unit – I: Introduction to Legal and Regulatory Framework 08 Hours
Focus – Conceptual
Banking Regulation Act, 1949 – Definition of Bank – Functions of banking companies –
Restrictions of business of Banking Companies – Capital structure of Banking Companies in
India – Powers of RBI – Winding-up of a banking company – The Negotiable Instrument
Act, 1881 – Definitions of Negotiable Instrument – Types of Negotiable Instruments –
Penalties in case of dishonor of certain cheques for insufficiency of funds in account (Section
138 to 147)
Unit – 2: Financial Management in Banks 12 Hours
Focus – Conceptual and Evaluation
Introduction to financial Management in Banks – Definition of Assets and Liabilities –
Management of owned funds, Borrowed Funds – cost of funds – Management of Loan
Portfolio (short term & Long term) – Risk Management – Estimating of risks – Measuring –
Risks – NPA – Regulatory Aspects of NPA.
65
Unit – 3: Information Technology in Banks: 10 Hours
Focus – Conceptual and Working Knowledge
Computer based information System in Banks – Electronic Banking – Phone Banking –
Mobile Banking – Internet Banking – Debit Cards – Credit cards – ATM – Fund Transfer –
Electronic Clearing System – Customer Relationship Management – Electronic Fund
Management – Implementing computerization – Computer Security.
Unit – 4: Securities and Control System in Banks 12 Hours
Focus – Conceptual
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest
Act, 2002 – Regulation of Securitization – Reconstruction of Financial assets and Financial
institutions – Enforcement of Security Interest – Offences and Penalties ––Disaster
Management in Banks
Unit – 5: International Banking/ Multinational Banks 14 hours
Focus – Conceptual and Evaluation
Institutions in International Banking – Characteristic of International Banks – Rationale and
Scope – Capital Adequacy, Loan Loss Provisioning and Regulatory – Legal and Accounting
issues in International Banking – Forex Currency Accounts – Offshore Banking centers –
Offshore centers in India – EURO Dollar Market – Mechanism – Syndicated Credit
Procedures – External Commercial Borrowings – Mergers and Acquisitions – Cases of
Recent Merger, Acquisitions and Bank Failures
Unit – 6: Marketing Of Banking Products and Services: 04 Hours
Focus – Conceptual and Working Knowledge
Types of Banking Products and Services – Price and Promotion of different Products and
Services – Strategy in retaining Bank Customers.
Essential Reading
Varshney, P.N. (2012). Banking law and Practice,Delhi: Sultan Chand & Sons (P) Ltd.
References:
Padmalatha Suresh .& Justin Paul (2011). Management of Banking and Financial
Services. Noida: Dorling Kindersley (India)
Tannan.M.L(2010).Banking law and Practice in India,Gurgaon: Lexis-Nexis India
Timothy W. Koc & Scott MacDonald .S (2010).Bank Management (7th
ed).USA:jao
sabatino
66
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Test (20 Mks) This component tests familiarity and understanding
the content of the course. Students who regularly attend classes and read the text and
other relevant materials will be able to do well in the Quiz.
Individual Writing Assignments (20 Mks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (20 Mks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about Bank Management and to work in teams with a deadline.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study - Compulsory 1x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7x5=35
B Conceptual / Descriptive Type questions 5x10=50
C Case Study - Compulsory 1x15=15
COURSE: INSURANCE MANAGEMENT
CODE: MCO306B CREDIT: 03
Course Description
This subject contains the different risks faced by business organization and insurance
organization. Risk management methods and its applications also included. This program
gives in depth knowledge in the area of insurance principles, types of insurance life and non
life insurance policies and settlement of insurance claims. The new marketing methods
followed and issues faced by insurance organization also incorporated in the subject.
67
Learning Outcomes
Understand the risk concepts and risk management techniques.
Familiar with principles of insurance and terms are used in the insurance contract
To understand the fundamental legal requirements, principles and procedures
involved in insurance.
Apply the concepts at a practical level about the different types of life and non life
insurance products
Know about the contemporary issues and marketing methods of insurance companies
in India
Understand the claim settlement methods and process
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to
uses of insurance, different risks, basics of the contracts, insurance requirements.
Unit: 1 Introduction to Risk 10 Hours
Focus: conceptual and working knowledge
Fundamentals of Risk – The History of modern risk management – Meaning of risk
management – tools – risk management as a business function – difference between risk
management and general management – difference between risk management and insurance
management , Risk management’s contribution to the organization, The risk managers’ job –
The Process of risk management.
Unit: 2 Principles of Insurance 10 Hours
Focus: conceptual and working knowledge
Meaning of Insurance – Purpose and need for insurance – How does insurance work –
Important principles of insurance-Principles of utmost good faith and insurable interest, its
important on insurability. The Business of insurance (Pooling of risk and resources) –
Insurance as a social security tool – Role of Insurance in Economic development. Contract of
Insurance – Special and general elements necessary for a contract- difference between life
and general insurance – contractual duty – contribution under policy conditions - Insurance
Documents, Premium and bonuses – meaning of premium – premium calculation and
Actuarial valuation. Legislative and Regulatory Matters- InsuranceAct, 1938, the Insurance
(Amendment) Act 2002, General Insurance Business (Nationalization) Amendment Act,
2002 & IRDA Regulations 2002.
Unit: 3 Types of Insurance 10 Hours
Focus: Conceptual and Working Knowledge
Fire Insurance - The Standard Fire & Special Perils Policy – terrorism cover –tariff system –
special policies. Marine Insurance - Marine Policies – duration of cover – claims. Motor
Insurance - Motor Vehicle Act, 1988 – Personal Accident Cover for Owner – Driver, theft
claims. Personal Accident Insurance - Types of Disablement, Claims, Extended coverage.
Health Insurance - Mediclaim Policy(Individual), Domiciliary Hospitalisation Benefit,
68
Liability Insurance - Compulsory public liability Policy, Products liability Policy, Employer
Liability Policy. Engineering Insurance - Contractors All Risks (C.A.R.)Policy, Marine-Cum-
Erection (MCE) Policy, Machinery loss of Profits(MLOP) Policy , Advance Loss of Profits
(Alop) Policy, Electronic Equipment Policy, Group insurance and types of group insurance
Unit: 4 Miscellaneous Insurance 06 Hours
Focus: Conceptual and Working Knowledge
Burglary Insurance, Baggage Insurance, Fidelity insurance, Television Insurance,
Householders Insurance, Shopkeepers Insurance, Banker’s Insurance Policies, Jeweller’s
Block Policies, Sport Insurance, Special contingency Policy. Rural Insurances - Rural
policies, The Role of government, Cattle insurance, Poultry Insurance, Inland Fish Insurance
Schemes, Agricultural Pump Set policy and Hut Insurance
Unit: 5 Marketing & Placement of Insurance 08 Hours
Focus: Conceptual and Working Knowledge
Market Sectors – Marketing process – Insurance Marketing Strategies in India, Relationship
marketing – Financial security of Insurer – Selection criteria – Channels of distribution ––
Coinsurance & Reinsurance Procedure – Duties of broker in placing business – Information
to be disclosed to clients, insurers & reinsurers –. Customer service - Efficient & Effective –
Continuing service programme – Customer service manuals. (As per IRDA Benchmarks) –
Comparison of products – Developing Client – Product portfolios – Relationship of each
product to overall programme. Ethical practices in liberalized economy, FDI in Insurance,
Intermediaries roles.
Unit: 6 Insurance Claims Service 08 Hours
Focus: conceptual and working knowledge
Claim documentation - Procedure for claim settlement (Life & Non-life) – Responsibility of
Broker to Insurer – Claims procedure – Direct business claims procedure – Coinsurance and
Reinsurance – Role of Broker, insurer, Surveyor and loss assessors in claim management –
process of negotiation and settlement – Rights & Obligations of Clients – Servicing Claims.
Unit: 7 Fundamentals of Agency & Contemporary Issues 8 Hours
Focus: Conceptual and Working Knowledge
Definition of an Agent – Insurance Agent under Insurance Act 1938, Procedure for becoming
an agent – IRDA (licensing of Insurance Agent) Regulations 2000 – Prerequisite for
obtaining license, functions of an agent – proposals and other forms. Marketing Issues and
opportunities in the Insurance sector, Liberalization of insurance business in India, Insurance
Business outside India
Essential Reading
Gupta, P. (2012). Insurance and risk management. (2 ed.). Himalaya Publishing house: New
Delhi.
69
References
Gulati, N. (2010). Principles of risk management and insurance. (1 ed.). New Delhi:
Excel Books.
Bodla, B., Garg, M., & Singh, K. (2003). c) Insurance fundamentals, environment and
Procedures . (1 ed.). New Delhi: Deep and Deep Publication Pvt Ltd.
Pal, K., Bodla, B., & Garg, M. (2007). Insurance management: Principles and
practices . (2 ed.). New Delhi: Deep and Deep Publications.
Krishnaswamy, G. (2009). d)A textbook on principles & practice of life insurance . (1
ed.). New Delhi: Excel Books.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Test (20 Marks This component tests familiarity and understanding
the content of the course. Students who regularly attend classes and read the text and
other relevant materials will be able to do well in the Quiz.
Individual Writing Assignments (10 Marks): The objective is to develop writing and
research skills of the students. Students are required to follow APA format for any
referencing.
Group Projects (20 Marks): Group projects will involve working with peers outside
the class on a specific project. It gives the opportunity to apply what is learnt about
International finance and institution and to work in teams with a deadline.
Group discussion (10 Marks): The objective is to develop the confidence among
students and improvement in their presentation skills.
Case study discussions (10 Marks): Students will be asked to collect the case study
on a particular area related to subject and discuss the various aspects of case .The
discussion will help them to develop analytical skill.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study - Compulsory 1x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7x5=35
B Conceptual / Descriptive Type questions 5x10=50
C Case Study - Compulsory 1x15=15
70
COURSE: MANAGEMENT OF FINANCIAL SERVICES
CODE: MCO307B CREDIT 03
Course Description:
This course is designed to introduce the students to Financial Services and all areas within.
This course will provide an in-depth understanding of various financial services, their
structure, working and latest development in Indian Financial System .
Learning Outcomes:
1. Demonstrate knowledge and understanding of financial institutions and be able to
identify the different types of service that they provide to meet the needs of their
customers.
2. Introduction to the environment within which the financial services industry operates
and recent developments in various financial services in India.
3. Understanding of the working of various financial services operating in Indian
Financial System.
4. Demonstrate an understanding of regulation placed by the financial services industry
with particular reference to SEBI regulation and guidelines.
Learning Knowledge:
As a prerequisite, the students should be having basic knowledge about concepts relating to
various financial institutions and services provided by these institutions.
Unit -1: Financial Services – An Introduction: 06 Hours
Focus: Basic and Conceptual
Role of financial services in Indian economic system ,classification of financial services ,
Brief introduction to role of Banking, Insurance and Financial Market services in the
economic system ,Regulatory frame work for financial services in India-role of RBI & SEBI
.
Unit -2: Merchant Banking 10 Hours
Focus: Basic and Conceptual
Meaning and definition, , investment banking (brief introduction) ,difference between
investment banking and merchant banking. Permitted functions of a merchant banker, Role of
Merchant Banker in Managing public issue of securities, Concept of Due Diligence, Post
issue Responsibility of a merchant banker, Role of merchant banker in substantial acquisition
and takeover of companies, SEBI Merchant Bankers Regulations.
Case study: Comparative study of the growth and performance of major merchant banking
companies in India.
Unit -3: Credit Rating: 10 Hours
Focus: Basic and Conceptual
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Concept & overview of credit rating , Factors considered for rating of Manufacturing
companies ,Financial Service Companies, CAMEL model , Uses of credit Rating, Rating
process, Rating Symbols , Recent Developments in credit Rating – IPO rating, Corporate
governance rating, Real estate rating,
Case study: Analysis the role of rating agencies in corporate failures and frauds in India.
Unit -4: Mutual Funds: 10 Hours
Focus: Basic and Conceptual
Concept and Definition, Constitution and management of mutual funds –Sponsor, trustee
,Asset management companies, custodian, Schemes of Mutual Funds, Cost of Mutual fund
schemes, Concept of units and Net Asset Value ,Advantages and limitations of Mutual Fund
schemes, Risk and return of mutual fund(in brief),How to invest in a scheme of mutual
fund.Recent developments in mutual fund industry-exchange traded funds, gold exchange
traded funds, Real estate mutual funds,
Case Study: The history and current position of various Mutual Funds in India
Unit – 5: Venture Capital: 08 Hours
Focus: Basic and Conceptual
Meaning and Concept, Domestic and International scenario, Specialty features of venture
capital, Categorization of venture funds, Forms of venture capital financing, Stages of
venture financing, Registration and Eligibility of venture capital funds, Investment conditions
and restrictions, Winding up of venture capital fund, SEBI guidelines on venture capital,
Venture capital industry in India.
Unit –6: Leasing and Hire Purchase: 06 Hours
Focus: Basic and Conceptual
Concept of Leasing ,Types of Lease, Merits and demerits of Lease, Current position of
leasing industry India, Factors contributing to the decline of leasing industry in India,
Concept of hire purchase, Leasing Vs Hire purchase, Current scenario of Hire purchase
industry in India.
Unit –7: Factoring and Forfeiting: 06 Hours
Focus: Basic and Conceptual
Concept, Types of factoring, functions of factoring, Advantages and disadvantages,
Forfaiting- concept and operation, Indian scenario.
Case study: Critical appraisal of the performance of factoring companies in India
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Unit –8: India Based Financial Services: 04 Hours
Focus: Basic and Conceptual
Collective investment schemes-Meaning and concept, SEBI guidelines applicable to
collective investment schemes, Chit funds, Mutual Benefit societies (u/s 620 A of the
Companies Act 1956.)
Essential Reading
1. Pathak,B. V. (2011). Indian Fianacial System. Delhi: Pearson.
2. K.sasidharan, & Mathew, A. (2011). Financial services and system. Noida: Tata
McGraw Hill.
3. M.Y.Khan. (2012). Fianacial Services. Noida: Tata McGraw Hill.
References:
K.Natarajan, & Gordon, E. (2012). Financial markets and services. Mumbai: Himalaya
Publishing House.
Shashi.K.Gupta. (2012). Fianacial Services. Mumbai: Himalaya Publishing House.
Tripathy, N. P. (2011). Financial Services. Delhi: Prentice Hall.
RBI & SEBI- Act ,Rules and regulations.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA components
Multiple Choice Test (20 Marks) This component tests familiarity and
understanding the content of the course. Students who regularly attend classes and
read the text and other relevant materials will be able to do well in the Quiz.
Individual Writing Assignments (10 Marks): The objective is to develop writing and
research skills of the students. Students are required to follow APA format for any
referencing.
Group Projects (20 Marks): Group projects will involve working with peers outside
the class on a specific project. It gives the opportunity to apply what is learnt about
International finance and institution and to work in teams with a deadline.
Individual Presentation (10 marks): The objective is to develop the confidence
among students and improvement in their presentation skills.
Case study discussions (10 marks): Students will be asked to collect the case study on
a particular area related to subject and discuss the various aspects of case .The
discussion will help them to develop analytical skill.
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2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study - Compulsory 1x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7x5=35
B Conceptual / Descriptive Type questions 5x10=50
C Case Study - Compulsory 1x15=15
COURSE: INTERNATIONAL BUSINESS
CODE: MCO 401 CREDITS: 03
Course Description:
The course International Business gives the learners a conceptual framework of the global
environment in which the companies operate. It gives insights about multinational
corporations, foreign trade policies and the various foreign institutions that protect
international business.
Learning Outcomes:
To understand the environment in which the organizations operate.
To familiarize the students on globalization, multinational corporations and foreign
direct investments
To help the learners to understand the various theories of international trade
Understand the various policies that impel foreign trade.
Level of Knowledge:
To do this course the students should be from B.com or BBM background.
Unit I International Business 10 Hours
Focus: Conceptual
Nature, importance and scope; Framework for analyzing international business environment,
geographical, economic, socio-cultural, political and legal environment.
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Unit II Globalisation 15 Hours
Focus: Conceptual
Globalization - Forces, Meaning, dimensions and stages in Globalization - Kenchi Ohmae
Model - Introduction to theories of International Trade by Adam Smith, Ricardo and Ohlin &
Heckler Trading Environment of International Trade - Tariff and Non-tariff Barriers - Trade
Blocks -Rise of new economies like Japan, South East Asia and BRIC countries
Unit III Multinational Corporations 08 Hours
Focus: Conceptual
Managing Multinational Enterprises - Problems and Potential – Technology Transfer – host
and home country relations - Multinational Service Organizations - Indian companies
becoming Multinationals - Potential, Need and Problems
Unit IV Foreign Trade Policies and Practices 15 Hours
Focus: Conceptual
Recent Trends in India’s Foreign Trade, Export and Import Policy, Trade Policy, Balance of
Payment, Custom and Tariff Rationalization. Identifying Foreign Markets and Overseas
markets, International Marketing Mix, Product Development, Transfer Logistics and
Distribution Channels, Role of Documentation in International Trade, Export Pricing,
Methods of International Payments.
Unit V International Capital Movement 08 Hours
Focus: Conceptual
Risk in International Operations, International Investment, Financing of Foreign trade, Factor
Mobility and Direct Foreign Investment. Export Finance, Pre and post Shipment credit,
Introduction to FEMA, Insurance, Role of ECGC and export Promotion Councils,
Eurocurrency Market.
Unit VI International Institutions 04 Hours
Focus: Conceptual
Role of International Institutions like GATT, WTO, IMF, IBRD, IDA, IFC, UNCTAD, In
International Business, Recent Trends in World trade
Essential Reading:
Dr Subha Rao P, (2008), International Business – Text and Cases, (4th
ed.), Himalaya
Publishers
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Recommended Reading
Sundaram J & Black, (1995), International Business Environment: Text and case,
Prentice Hall of India
Bhalla V K, (2006), International Business: Environment and Management, Anmol
Publications
Taggart & McDermott, (1995), The Essence of International Business, Prentice - Hall
of India
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
CIA 1 Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 4 x 5 = 20
B Analytical / Essay Type Questions 2 x 10 = 20
C Case analysis 1 x 10 = 10
2. CIA 2 Components:
Multiple Choice Quizzes (10 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Case Analysis (10 mks)
This component tests the understanding of theoretical concepts and practical
application of the same.
3. CIA 3 Components:
Subject Teaching (5 Mks)
Topics relevant to the curriculum will be assigned well in advance to the learners. The
learners go refer various literatures on the topic and actively participate in the class room
discussion. This component helps in improving class participation.
Group presentation (15 Mks)
Group presentations will involve working with your peers outside of class on specific topics.
It gives the opportunity to apply what is learnt about international business and to work in
teams
End Semester Exams: 100 marks paper to be completed in 3 hours duration.
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The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual/descriptive Type questions 7 x 5 = 35
B Analytical / Essay Type Questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
COURSE: CORPORATE BUSINESS LAWS
CODE: MCO 402 CREDITS:03
Course Description:
The course Corporate and Business Laws provides the students with the conceptual
framework on the nature of a company, capital structure, corporate governance, restructuring
and winding up of companies, foreign exchange management, intellectual rights and
environmental protection laws and consumer protection act.
Learning Outcomes:
To develop an expert understanding of the regulation of companies in India
To have a thorough knowledge of the various other corporate laws in India
Understand the significant influence of corporate laws in the decision making process
Level of Knowledge:
The course seeks to provide advanced level of knowledge to the learners as fundamentals of
corporate and business laws have been covered during their undergraduation.
Unit 1 – Company 06 Hours
Focus: Conceptual
Definition and nature, Types of companies and their incorporation , Memorandum and
Articles of association and their alteration, Comparative study of the suitability of a Private
Limited , Public limited and an unlisted company for a Promoter .
Unit 2 - Concept of Capital and Financing of Companies 08 Hours
Focus: Conceptual
Sources of capital, Types of shares, Equity with differential rights, Procedure connected with
bonus issues; rights issues; issue of sweat equity , Employees stock option , Private
placement and Buy back of shares,Prospectus and its role in resource mobilization .
Unit 3 - Corporate Governance 08 Hours
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Focus: Conceptual
Evolution, concept, principles and development,Provisions of the Companies Act and listing
agreement connected with Corporate Governance, Role of Directors in corporate
governance:-Appointment,Qualifications, Remuneration, Vacation of office, Retirement,
Removal, Loans to directors, Powers and Duties, Office or Place of Profit,Contracts in which
directors are interested Role of Managing ,Executive ,Non Executive and Independent
Directors in a company.
Unit 4 - Corporate Restructuring and Winding Up 09 Hours
Focus: Conceptual
Meaning of corporate restructuring, Need, Scope and Modes of restructuring, Mergers and
Amalgamations: Meaning and concept, Legal, Procedural, aspects of mergers and
amalgamations, Takeovers :Meaning and concept, Types of takeovers, Legal aspects, SEBI
takeover regulations, Procedural aspect of Demerger and Reverse Mergers, Concept of
Demerger, Modes of Demerger, Reverse Mergers – Procedural aspects and tax implications,
WINDING UP: Concept, modes of winding up; administrative machinery for winding
up,Detailed study of Winding up process and procedure.
Unit 5 - Foreign Exchange Management 09 Hours
Focus: Conceptual
Objectives and definitions under FEMA, Current account transactions, Capital account
transactions, Foreign Direct Investment in India and abroad, Acquisition and transfer of
immovable property, Establishment in India of branch ,Export of goods and services,
Realisation and repatriation of foreign exchange,Authorised Person, Penalties and
enforcement ,Foreign contributions ,Exemptions, Powers of Central Government,
adjudication and appeal, Offences and Penalties.
Unit 6 - Environmental Protection Laws 05 Hours
Focus: Conceptual
Concept of sustainable development, Government policy regarding environment, Law
relating to Prevention and Control of Air Pollution and Water pollution, Environment
(Protection) Law, Introduction of UN regulation/Kyoto declaration/Protocol, Measures
adopted for Global Warming
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Unit 7 - Intellectual Property Laws 05 Hours
Focus: Conceptual
Concept and development of intellectual property law in India, Law and procedure relating to
patents, trade marks and copyrights, Overview of laws relating to other related intellectual
property rights.
Unit 8 - Consumer Protection Act 05 Hours
Focus: Conceptual
Consumer protection in India, Genesis of the law, objects, Rights of consumers, Nature and
scope of remedies.
Unit 9: Overview 05 Hours
Focus: Conceptual
Limited Liability Partnership ,Trust and Societies
Essential Reading
Dr Avtar Singh (1989), Company law (9th
ed.), Eastern Book Company
Recommended Reading:
Datey V.S, (2003), Students Guide to Corporate Law, Taxmann Allied Services (P)
Ltd
Kapoor N D & Dinkar Pagare (2006), Business law and Management (3rd
ed.),S
Chand
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
CIA 1 Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 4 x 5 = 20
B Analytical / Essay Type Questions 2 x 10 = 20
C Case analysis 1 x 10 = 10
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2. CIA 2 Components:
Multiple Choice Quizzes (10 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Case Analysis (10 Marks)
This component tests the understanding of theoretical concepts and practical
application of the same.
3. CIA 3 Components:
Subject Teaching (5 Marks)
Topics relevant to the curriculum will be assigned well in advance to the learners. The
learners go refer various literatures on the topic and actively participate in the class room
discussion. This component helps in improving class participation.
Group presentation (15 Marks)
Group presentations will involve working with your peers outside of class on specific topics.
It gives the opportunity to apply what is learnt about international business and to work in
teams
End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual/descriptive Type questions 7 x 5 = 35
B Analytical / Essay Type Questions 5 x 10 = 50
C Case analysis 1 x 15 = 15
COURSE: ADVANCED FINANCIAL ACCOUNTING
CODE: MCO 405A CREDITS:03
Course Description:
This course is offered under the Accounting &Taxation elective. The course deals with the
various accounting aspects pertaining to valuation of shares & goodwill, mergers &
acquisitions, Holding company accounts, Accounting treatment for foreign branches and also
the emerging areas in Accounting.
Learning Outcomes:
1. Be able to independently value the firms goodwill and shares from the given Annual
report.
2. Be able to evaluate the mergers & acquisitions taken place recently.
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3. Be able to finalize the consolidated Balance sheet for a client.
4. Be able to incorporate the foreign branch details in Head Office books and get the
final accounts of the firm on a real time basis.
5. Be well versed with latest developments in the Accounting area
Level of Knowledge
To do this course the students should be from B.com or BBM background.
Unit 1 : Valuation Of Goodwill And Shares 10 Hours
Focus: Advanced Level
Meaning of goodwill, factors influencing the goodwill, different methods of valuation of
goodwill. Adjustment to profit on the basis of revaluation of assets, additional deprecation,
excess deprecation, tax adjustments etc.
Valuation of shares : need for valuation, different methods of valuation of shares.
Unit 2: Accounting Aspects of Mergers and Acquisitions 14 Hours
Focus: Advanced Level
Meaning of amalgamation and reconstruction. Types of amalgamation – AS 14.
Amalgamation in the nature of Merger, Amalgamation in the nature of Purchase. Methods of
accounting for amalgamation;
- the pooling of interest method and
- the purchase method
accounting treatment in the books of Transferor and transferee companies Treatment of
various adjustments such as inter company owing, unrealized profit on stock, inter company
holdings -purchasing company in the shares of the selling company, selling company in the
shares of purchasing company, by both companies in the shares of each other.
Unit 3: Holding Company Account AS 21 16 Hours
Focus: Advanced Level
Holding and subsidiary companies – definition and legal requirements for the preparation of
accounts – rules for the preparation of consolidated balance sheet – investment in the
subsidiary company, minestry interest, cost control, capital profit and revenue profit.
Accounting treatment for various adjustment such as inter company unrealized profit,
revaluation of assets and liabilities, preference shares in subsidiary company, dividend
declared by subsidiary company.
Holding company with more than one subsidiary, cross holding and chain holding.
Preparation of consolidated profit and loss accounts
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Unit 4 : Accounting For Branch 10 Hours
Focus: Advanced Level
Independent branches, accounting treatment in the book of branch and head office. Final
account in the books of branch and in the book H.O after incorporating the branch trial
balance. Foreign Branches – Rules for converting branch trial balance in the HO’s books
Unit 5: Current Developments in Accounting 10 Hours
Focus: Advanced Level
1. Accounting for price level changes: meaning of inflation accounting, disadvantages
of historical cost accounting, methods of inflation accounting-CPP &CCA (Simple
problems on both the methods) limitations of inflation accounting.
2. Human resource accounting: meaning of HRA, need and objectives of HRA, various
approaches of Human resource accounting, HRA practices in Indian corporate.
3. Environmental accounting: Meaning, need and objectives of environmental
accounting, practices in Indian corporate.
4. Social responsibility accounting: Meaning, need and objectives of Social
responsibility accounting, practices in Indian corporate.
5. Enterprise resource planning: meaning, features need and benefits of ERP.
Essential Reading
Gupta, R. L. (2011). Advanced accountancy. (Vol. II). New Delhi: Sultan Chand
publications.
Narang, J. (2011). Advanced accountancy. (Vol. II). New Delhi: Kalyani Publishers.
References
Mukergee. , & Hanif , (2003). Modern accountancy . (Vol. II). New Delhi: Tata Mc Graw
Publishing Company Ltd.
Maheshwari, S. N. (2007). Advanced accountancy. (9th ed., Vol. II). New Delhi: Vikas
PUblishing House Pvt Ltd
Evaluation pattern
CIA-1: Mid Semester Exams 50 marks paper to be completed in 2 hours.
Section A 4 out of 6 =4*5 20
Section B 2 out of 4 =2*10 20
Section -C 1 case study =1*10 10
Total 50
CIA-2: Moodle test -10 marks
Individual presentation- 10 marks
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CIA-3: individual presentation based on course topic- 20 marks
End semester Exam : 100 marks paper to be completed in 3 hours.
Section A 7 out of 10 =7*5 35
Section B 5 out of 7 =5*10 50
Section -C 1 case study= 1*15 15
Total 100
COURSE: INTERNATIONAL ACCOUNTING
CODE: MCO 406A CREDITS:03
Course Description:
This paper is offered as a core paper in forth semester. It develops and understanding among
the students towards international accounting. It helps to study the role and responsibilities in
the international dimensions in the field of accountancy.
Learning Outcomes:
To enable the students to acquire the knowledge of world trade and investment.
To give understanding to the students the various areas of flow of capital from one
country to another
To develop knowledge of sources of mergers and acquisitions
To give insight into financial decisions relating to foreign currency translations,
recording the foreign exchange gain and loss.
Level of Knowledge
As a prerequisite, the students should be having basic knowledge about concepts relating to
foreign currency transactions, international trade and international accounting.
Unit 1: Introduction 05 Hours
Focus: Conceptual and Working Knowledge
Causes of International Differences – Some major differences in Financial Reporting
Unit II: International Classification of Financial Reporting 06 Hours
Focus: Conceptual and Working Knowledge
International Classification of Financial Reporting – International Harmonization of
Accounting – The Requirements of International Accounting Standards
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Unit III: Financial Reporting in USA 09 Hours
Focus: Conceptual and Working Knowledge
Financial Reporting in USA
Unit IV: IFRS 16 Hours
Focus: Conceptual and Working Knowledge
International Financial Reporting Standard (IFRS)
Unit V: Issues in International Accounting 10 Hours
Focus: Conceptual and Working Knowledge
Issues in International Accounting – Consolidation – Foreign Currency Translation –
Segmental Reporting – Foreign Exchange risk management
Unit VI: Multinational Transfer Pricing 10 Hours
Focus: Conceptual and Working Knowledge
Multinational Transfer Pricing – Objectives of transfer pricing – Selecting a Transfer price –
Internal Revenue Code and Transfer Pricing
Unit VII: Ethical Issues in International Accounting 04 Hours
Focus: Conceptual and Working Knowledge
Ethical issues in international Accounting – Incidence and implications of window dressing
(cases).
Prescribed Text Books
1. Timothy, S. Doupnik, and Hector, Perera,(2005), International Accounting, Irwin
Professional Publishers, New York.
2. Shahrokh, M. Saudagaran,(2003) International Accounting : A User Perspective (2nd
Edition), South-Western Publishers, New York.
3. Frost , Frederick, D. S. and Choi, ;Meek,(2006) International Accounting ,Academic
Internet Pub Inc. New York.
References:
International Financial Reporting Standards (IFRS) , (2009),Taxman Publications,
New Delhi.
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Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
CIA Components
Multiple Choice Quizzes (20 Marks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Individual Presentations (40 Marks):
The objective is to develop writing and research skills of the students. Students are
required to follow APA format for any referencing..
Group Projects (40 Marks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about international accounting and to work in teams with a deadline.
COURSE - INDIRECT TAXES
CODE-MCO 407A CREDITS:03
Course Description
The subject aims to facilitate the students by providing specialized and updated knowledge in
the area of Indirect Taxes in a systematic manner and enhancing analytical and problem
solving skills for decision making.
Learning Outcomes:
To have working knowledge of Indirect taxes.
To know applications of tax provisions in relating to Central Excise, KVAT.
To get knowledge of various tax incentives and benefits under indirect taxes in
respect of service tax.
To gain knowledge on procedural aspects for filing returns for various taxation like
VAT, Sales Tax and other statutory compliances.
Level of Knowledge:
Should know the basic taxation. (Background in commerce)
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Course Contents -
Syllabus is divided into Four parts as Part I - Central Excise (19 Hours & 35 Marks), Part II
– Servicetax & Cenvat Credit (19 Hours and 35 Marks), Part III- Customs (10 hours & 15
Marks, Part IV – Vat & Profession Tax ( 12 hours & 15 Marks)
Part : 1 – Central Excise
Unit 1: Central Excise 02 Hours
Focus – Basic Concepts, Awareness and Impact
Introduction
Basic overview of Indirect Taxes; Definitions – Adjudicating Authority; Central excise officer;
excisable goods; Factory Assessee. Conditions for levy of excise; Charging Section – Sec 3;
Central Excise Tariff Act; Schedules of Central Excise Tariff Act.
Unit II: Manufacture 03 Hours
Focus – Basic and Conceptual
Detailed study on manufactures including cases. Deemed Manufacture; The following case laws
on manufacture: Delhi Cloth and General Mills Ltd, Gujrat Steel Tubes, Kiran Spinning Mills,
Aman Marble industries, Gramaphone Recording Company, J.G.Glass industries, Brakes India
Ltd. Forms of levies; Types of Duties – Cenvat Duty, Special excise duty; Additional duties;
Education cess.
Unit III: Valuation 06 Hours
Focus – Basic and Conceptual
Section 4 – Transaction value, requirements for transaction value, packing charges, discount,
Taxes, Purchased goods sold with manufactured goods. Central Excise Valuation Rules 2000
including job works. Section 4A – Valuation with reference to retail price. Problems on
computation of transaction value and excise duty. Exemption from Excise duty.
Unit IV: Small Scale Industries & Exports 03 Hours
Focus – Basic and Conceptual
Eligibility; Quantum; option; Cenvat Credit; Value; Brand Name; Clearances. Export procedures;
Eligibility; Conditions; Export to Nepal and Bhutan.
Unit V: Miscellaneous 05 Hours
Focus – Basic and Conceptual
Person requiring registration; Payment of Duty; Interest; filing of returns; Assessments – Self
assessment, Re-assessment (demands of excise), Provisional Assessment; Provisional
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Attachment; Consumer welfare fund; Punishment; Penalties; Power to arrest; Summons; Special
Audit; Basics of appeals, settlement commission and advance ruling.
Part: 2 - Service Tax and Cenvat Credit
Unit VI: Introduction 03 Hours
Focus – Basic and Conceptual
Constitution, Charging section – Sec 66. Reverse charge - Sec 66A; Liability for payment.
Valuation – Sec 67 Service Tax (Determination of Value) Rules, 2006; Rate of Service Tax.
Unit VII: Services Liable for Service Tax 05 Hours
Focus – Basic and Conceptual
Taxable service & definition pertaining to Banking and Financial Services, Consulting
Engineers, Franchise Service, Commercial Training & Education, Management consultant,
Chartered Accountant, Interior Decorator, Manpower recruitment or supply agency, Renting of
Immovable property, Business Auxiliary Service, Business Support Service, security agency.
Services on which abatement available.
Unit VIII: Miscellaneous 03 Hours
Focus – Basic and Conceptual
Exemptions; Small Service Providers; Payment of Service tax – Sec 68; Furnishing of returns –
Sec 70; Penalty u/s 76, 78 & 80; Small service providers; Exempted Services.
Unit IX: Cenvat Credit 08 Hours
Focus – Basic and conceptual
Concept of Cenvat Credit. Cenvat Credit Rules, 2004. Definitions - Capital Goods, Exempted
Goods, Exempted Services, Input,Input Service. Duties eligible for claiming credit, Conditions
for claiming credit. Refund of Cenvat Credit. Credit in case of dutiable and exempted goods,
taxable and exempted service. Records to be maintained. Problems on computation of net excise
duty or service tax.
Part: 3 - Customs
Unit : VIII Introduction 02 Hours
Focus – Basic and Conceptual
Levy, Definitions, Types of Duties, Export Duty Classification
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Unit IX: Valuation 03 Hours
Focus – Basic and Conceptual
Analysis of Section 14, Rate of exchange, Tariff value, Customs Valuation Rules 2007,
Unit X : Import, Exports and miscellaneous: 05 Hours
Focus – Basic and Conceptual
Rate of Duties, Import and Export procedure, Bill of Entry, Assessments, Examination,
Provisional assessment, Re-import. Baggage. Baggage Exempt, Personal effects, Tourist. Goods
damaged, lost, destroyed or abandoned. Exemption. Interest & Demands.Duty Draw back. Basics
of warehousing. SEZ. Powers and penalties.
Part: 4 – Vat & Profession Tax
Unit XI : Karnataka Value Added Tax 10 Hours
Focus – Basic and Conceptual
White Paper on Vat; Introduction to KVAT Act, 2003; Definitions – Agriculture, Agriculture
produce, Business, Capital Goods, Dealer, Goods, Sale, Turnover, Total turnover, Taxable
turnover; Charging section – Sec 3; Liability to tax and tax rates – Sec 4; Exemption – Sec 5;
Output tax, Input tax, net tax – Sec 10; Input credit restrictions – Sec 11; Deduction of Input tax
on capital goods –Sec 12; Registration – Sec 22 to Sec 28 (Basics only); Returns – Sec 35;
Simple problems on computation of taxable turnover and net tax liability.
Unit XII: Profession Tax 02 Hours
Focus – Basic and conceptual
Chargeability, Persons liable, Registration, Slabs of Profession tax, Payment, Returns.
Books for Reference:
1. Datey V.S, Student’s Workbook on Indirect Taxes,Taxman Publications Private Limited
2008. New Delhi.
2. Datey V.S - Indirect Taxes Law and Practice, (2008), Taxman Publication, New Delhi.
3. Vaitheeswaran. K, Student’s handbook on Indirect Taxes, (2012) Snowwhite
Publications, New Delhi.
Recommended Reading:
1. Central Excise Act 1944.
2. Commentary on KVAT – KLJ Publications.
3. Customs Act 1962.
4. Finance Act 1994.
5. KVAT Act 2003.
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6. Latest Updates and amendments on Indirect taxes by Tax Department, Government of
India.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Component
Multiple Choice Quiz Moodle test (20 Mks)
This component tests familiarity and understanding the content of the course. Students
who regularly attend classes and read the text and other relevant materials will be able
to do well in the Quiz.
Income Tax text books and cases (10 Marks): The purpose of this MCQ is to
develop students to understand the subject in depth and know the minute details of
Taxation Laws.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Individual presentation (10 Marks): students are assigned current and contemporary
topics relevant to the subject and course to make individual presentation. This
enhanceSthe communication skill and improves the confidence of the student.
Case writing (10 marks): students are assigned topics to read a case study on a
particular topic and asked to condensed the case into small case lets . This enables
students to comprehend the case and present it in simple form.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 5X4= 20
B Analytical / Essay Type Questions and problems 2 X10 = 20
C Case study 1X10 = 20
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Conceptual / Descriptive Type questions 5X7=35
B Analytical / Essay Type Questions 10X5=50
C Case study 1X15=15
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COURSE: INTERNATIONAL FINANCE AND INSTITUTIONS
CODE: MCO 405B CREDIT: 03
Course Description:
International Finance and Institutions helps the students to learn the environment of
international finance and its management. The topics covered include the international
Monetary system, foreign exchange risk management, international parity conditions,
international financing, international financial markets, Balance of Payment, and
Management of foreign exchange risk.
Learning Outcomes:
Extensive understanding of various concepts of International fiancé and International
financial institutions
Insight into functioning of various International financial institutions
Understanding various types of exposures
Insight into functioning of forex markets and forex rate determination, theories.
Learning Knowledge:
As a prerequisite, the students should be having basic knowledge about concepts relating to
various economies, Derivatives market, Currencies.
Unit-1: International Financial Management: 06 Hours
Focus – Conceptual
Scope of international finance, global links, objectives of MNCs, Distinguishing features of
International finance, International business activities, trends of FDI in India, International
business methods, Motivations for international business, field of international business.
Unit-2: International Monetary System: 06 Hours
Focus – Conceptual
The gold standard, Price specie flow Mechanism, Decline of the gold standard, the inter war
years, The Bretton wood system, Smithsonian agreement, the flexible exchange rate regime,
alternative exchange rate systems, Evaluation of floating rates, classification of currency
arrangements, the European monetary system. Introduction to GATT Agrements.
Unit-3: International Financial Institutions/Development Banks: 04 Hours
Focus – Conceptual The World Bank, Economic reform programmes. IMF, financial policies of IMF, its
supported programmes, Asian development bank
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Unit-4: Balance of Payments: 06 Hours
Focus – Conceptual and Evaluation
BOP accounting, debits and credits, BOP statement, disequilibrium of BOP, types of
disequilibrium, ways to overcome disequilibrium, Capital account convertibility, current
account convertibility, causes of convertibility, problems of BOP statement
Unit-4: Foreign Exchange Market: 06 Hours
Focus – Conceptual and Working Knowledge
Information and communication systems, functions of the foreign exchange market, the
foreign exchange rates, arbitrage, foreign exchange markets, spot markets, cross rates of
exchange, Bid-Ask spreads, forward market, Interest arbitrage, covered interest arbitrage and
interest parity theory
Unit-5 Theories of Foreign Exchange Rate Movement and International Parity
Conditions,
06 Hours
Focus – Conceptual
Purchasing power parity, absolute purchasing power parity, relative purchasing power parity,
graphic analysis of the international Fisher, comparison ppp, IFE, and IRP theories
Unit-6: Management Of Foreign Exchange Risk: 06 Hours
Focus – Conceptual and Working Knowledge
Exchange risk, types of exposure, tools and techniques of foreign exchange risk management.
Unit-7: Management of Translation Exposure 06 Hours
Focus – Conceptual and Working Knowledge
Translation methods, functional versus reporting currency, comparison of four translation
methods according to Accounting Standards 11
Unit-8: Management Of Transaction Exposure: 08 Hours
Focus – Conceptual and Working Knowledge
Measurement of transaction exposure, transaction exposure based on currency variability,
managing transaction exposure, Hedging, Risk management products, currency correlation
and variability as hedging tools, currency volatility over time.
91
Unit-9: Management of Economic Exposure 06 Hours
Focus – Conceptual and Working Knowledge
Transaction exposure versus economic exposure, measuring economic exposure, managing
economic exposure, marketing management of exchange risk, production management of
exchange risk, corporate philosophy for exposure management.
Essential Reading
Madhu Vij. (2011). International Financial Management.(3rd
ed). New Delhi: Excel Books.
Refernces:
1. Bhalla V.K.(2011).International Financial Management, New Delhi: Anmol
Publications.
2. Apte P.G.(2010), International Financial Management. Noida: Tata Mcgraw.
3. Madura (2010), International Financial Management, New Delhi : Vikas
Publications.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Test (20 Marks) This component tests familiarity and
understanding the content of the course. Students who regularly attend classes and
read the text and other relevant materials will be able to do well in the Quiz.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. You are required to follow APA format for any
referencing. General rubrics for assessing essays will be followed for grading
purpose.
Group Projects (20 Mks): Group projects will involve working with your peers
outside of class on a specific project. It gives the opportunity to apply what is learnt
about International finance and institution and to work in teams with a deadline.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study - Compulsory 1x 10 = 10
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3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7x5=35
B Conceptual / Descriptive Type questions 5x10=50
C Case Study - Compulsory 1x15=15
93
COURSE: SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
CODE: MCO406B CREDIT 03
Course Description
This program focuses on the securities market and different securities available to invest.
Different approaches to analyze these securities like fundamental analysis, technical analysis
and valuations of bond and shares also included. This course covers different portfolio
selection methods, forecasting of portfolio’s performance and styles of portfolio management
Learning Outcomes:
Understand the nature of investment, investment process and different activities
involved in the securities market.
Familiar with different securities available to invest international market and
domestically
Able to value fixed income securities like bond.
Understand to compare the intrinsic value with current market price of the equity
Learn how logically and systematically estimate the future dividend and share price.
Able to analyze past price movement of securities and predict future price movement
Able to select best portfolio with help of different portfolio selection models
Predict the performance of the portfolio with different techniques
Understand different styles of portfolio management.
Unit 1: Introduction to Securities. 08 Hours
Focus: Basics and Conceptual
Indian Market-overview ,players ,participants and stock exchanges, Investment meaning,
definitions, Investment v/s speculation, Investment process, investment categories,
characteristics of investments, objectives of investments, types of investors, Hedging,
Innovative financial instruments.
Unit-2: Debt Instruments and Their Valuations. 08 Hours
Focus: Working and Conceptual Knowledge
Players in the debt market, valuation of debt instruments, running yield, simple yield to
maturity, redemption yield, holding period yield, yields to call/put, yields on index linked
bonds, yield curves, risk management, in bonds, bonds duration, convexity and dispersion.
Unit 3: Fundamental Analysis 08 Hours
Focus: Working and Conceptual knowledge
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EIC analysis, Economic analysis, tools for economic analysis, Industry analysis, standard
industrial classification, tools for industry analysis, quantitative industry analysis, company
analysis, tools for company analysis.
Unit 4: Equity Instruments and Their Valuation: 12 Hours
Focus: Working and Conceptual Knowledge
Share valuation, earnings valuation, revenues valuation, cash flow valuation, asset valuation,
yield valuation, member valuation, and valuation of private company
Unit 5: Technical Analysis 08 hours
Focus: Working and Conceptual Knowledge
Charting tools, charts, line charts, line and volume charts, reversal patterns, continuation
patterns, bar chart, candle stick chart, point and figure chart, Dow theory, Elliot wave theory,
tools of technical analysis, market structure, market indicators.
Unit 6: Portfolio Selection. 10 Hours
Focus: Working and Conceptual Knowledge
Efficient market theory, Random Walk theory, Portfolio risk/return, Traditional portfolio
selection, CAPM, Arbitrage pricing theory (APT)
Unit 7: Portfolio Management and Evaluation. 06 Hours
Focus: Working and Conceptual Knowledge
Growth investing, value investing, passive and active portfolio management. Rupee cost
averaging formula plans, performance Index, Portfolio revision, Sharpe’s ,Traynor’s and
Jensen’s measures of portfolio evaluation, portfolio hedging.
Unit 8: Contemporary Theories of Investment and Global Investment 04 Hours
Focus: Basic and Conceptual
Artificial neural net works, Ferzzy theory, Behavioral models. Global investments, global
bond and equity market return
Essential Reading
Kevin, S. (2010). Security Analysis and Portfolio anagement. (2nd ed.). New Delhi: PHI
learning Pvt Ltd.
95
References:
1. Pandian, P. (2005). Security analysis and port folio management. (2nd ed.). Noida:
Vikas publishing house Pvt Ltd.
2. Bhat, S. (2008). Security analysis and portfolio management. (1st ed.). New Delhi:
Excel Books.
3. Fischer, D. E., & Ronald J., J. (1994). Security analysis and portfolio management. (5
ed.). New Delhi: Prentice-Hall of India.
4. Chandra,P. (2011). Security Analysis And Portfolio Management.(4 ed).New
Delhi:TataMcGraw Hill Publising company.
5. Ranganatham, M., & Madhumathi, R. (2004). Investment analysis and portfolio
management. (4 ed.). New Delhi: Pearson Education.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Test (20 Marks:) This component tests familiarity and understanding
the content of the course. Students who regularly attend classes and read the text and
other relevant materials will be able to do well in the Quiz.
Individual Writing Assignments (10 Marks): The objective is to develop writing and
research skills of the students. Students are required to follow APA format for any
referencing.
Group Projects (20 Marks): Group projects will involve working with peers outside
the class on a specific project. It gives the opportunity to apply what is learnt about
International finance and institution and to work in teams with a deadline.
Group discussion (10 Marks): The objective is to develop the confidence among
students and improvement in their presentation skills.
Case study discussions (10 Marks): Students will be asked to collect the case study
on a particular area related to subject and discuss the various aspects of case .The
discussion will help them to develop analytical skill.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study - Compulsory 1x 10 = 10
96
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7x5=35
B Conceptual / Descriptive Type questions 5x10=50
C Case Study - Compulsory 1x15=15
97
COURSE: CAPITAL MARKET
CODE: MCO407B CREDITS: 03
Course Description:
This course is designed to provide the students with a conceptual understanding of how
financial markets ―work‖, how they are structured, and provide insight into the functioning of
various components of financial market.
Learning Outcomes:
Impart a sound understanding of the capital market. .
Familiarize the candidates with the role of Participants in Capital Markets.
Demonstrate an understanding of legal and regulatory framework affecting the
development Capital Markets in India.
Learning knowledge:
As a prerequisite, the students should be having basic knowledge about concepts relating to
various financial institutions and financial markets operating in India.
Unit-1: Overview of Indian Financial System & Capital Market 04 Hours
Focus – Basic and Conceptual
Structure of Indian Financial System - Objectives and Functions of Financial System,
Financial System and Economic development. Financial markets – classification financial
assets and Instruments – classification and financial innovation.
Unit -2: Security Markets - Legal Environment: 05 Hours
Focus – Basic and Conceptual
SEBI–introduction, objectives and functions ,SEBI Act, 1992, Securities Contract Regulation
Act 1956, RBI rules and guidelines for Fll's.
Case study –Critically analyse the role of SEBI in capital market.
Unit – 3 Primary Markets: 10 Hours
Focus – Basic and Conceptual
Primary market - its role and functions; Methods of selling securities in primary market; New
financial instruments; New Issues: SEBI guidelines for public issues - pricing of issue –
Green shoes option – Book Building, Reverse Book building, promoters contribution,
appointment and role of merchant bankers, underwriters, brokers, registrars and managers,
bankers etc; Underwriting of issues; Allotment of shares; Procedures for new issues; e-
trading.
Unit – 4 Secondary Markets: 10 Hours
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Focus – Basic and Conceptual
Organization of stock exchanges, Role, importance, Functions of a Stock Exchange, listing of
securities in stock exchanges, Stock Brokers, eligibility criteria trading in Stock Exchanges -
Margin Trading, Regulations Relating to Stock Exchanges, Stock Index, Bombay Stock
Exchange, National Stock exchange, Calcutta Stock Exchange, Over the Counter Exchange
of India, leading stock exchanges of the world.
Unit – 5 Secondary Market Operations: 12 Hours
Focus – Basic and Conceptual
Trading mechanism – intraday and delivery based transactions, badla trading (brief
introduction) ,screen based system; Insider trading; Take-over; Internet based trading.
Settlement procedures – trading requirement - Demat and Trading account - Trading
documents – contract note – delivery notes – account statement.
Depository: Role and need; The Depositories Act, 1996; SEBI (Depositories and Participants
Regulation) 1996; SEBI (Custodian of Securities) Regulation 1996; National Securities
Depository Ltd. (NSDL); Depository participant.
Unit - 6: Money Market Operations 10 Hours
Focus – Basic and Conceptual
Definition - Money market V/s Capital Markets – composition of Money market - Sub-
Markets – Bill market in India – New Money Market Instruments - Classification of Money
Market Instruments – Money Market Rates – Commercial Paper – Certificate of Deposits –
Participation Certificates – New Instruments – Money Market Mutual Funds.
Unit -7: Fixed Income Securities Markets: Overview 05 Hours
Focus – Basic and Conceptual
Features - types – Debt market in India - Institutional Arrangements - Market Participants and
Instruments - Investors Perspectives: Risk and Rewards - Treasury Securities Auction -
Government Bond Markets - Auction Mechanisms - Uniform vs Discriminatory Auction -
Auction and Repo Markets - Markets Implications of Auctions
Unit -8: Latest Developments in Indian And Global Capital Market 04 Hours
Focus – Basic and Conceptual
99
International Markets: FIIs, Euro issues,ECB, , latest guidelines of ECB, ADR's, GDR's, IDR
,FCEB and FDI; Guidelines for raising funds from the international markets through various
instruments; International bonds – Bulldog ,Yankee ,Samurai ,Bunny Bonds.
Essential Reading
1. Pathak,B. V. (2011). Indian Fianacial System. Delhi: Pearson.
2. Natarajan ,K. & Gordon, E. (2012). Financial markets and services. Mumbai:
Himalaya Publishing House.
3. Guruswamy, S. (2010). Financial markets and institution. New Delhi: Tata McGraw
Hill.
References:
1. Machiraju, H.R. (2009). Indian Fianacial Syatem. Noida: Vikas Publishing House.
2. Machiraju, H.R. (2011). Working of Stock Exchanges in India. New Delhi: New Age
International.
3. sasidharan, K. & Mathew, A. (2011). Financial services and system. Delhi: Tata
McGraw Hill.
4. Avadhani, V.A. (2012). Investment and Seurities Market in India. Mumbai: Himalaya
Publishing House.
5. Bhole,L.M.,& Mahakud.J.(2009).Financial institutions and Markets. New Delhi: Tata
McGraw Hill.
Evaluation Pattern
Grading in the course will be dependent on CIAs (20%), Mid Term (25%), End Term (50%)
and attendance (5%). CIAs are opportunities to engage in the course and learn continuously
as the course progresses, and will have multiple components.
1. CIA Components
Multiple Choice Test (20 Marks): This component tests familiarity and understanding
the content of the course. Students who regularly attend classes and read the text and
other relevant materials will be able to do well in the Quiz.
Individual Writing Assignments (20 Marks): The objective is to develop writing and
research skills of the students. Students are required to follow APA format for any
referencing.
Group Projects (20 Marks): Group projects will involve working with peers outside
the class on a specific project. It gives the opportunity to apply what is learnt about
International finance and institution and to work in teams with a deadline.
Individual Presentation (10 mks): The objective is to develop the confidence and
improvement in presentation skills.
Case study discussions (10 mks): Students will be asked to collect the case study on a
particular area related to subject and discuss the various aspects of the case .The
discussion will help them to develop analytical skill.
2. Mid Semester Exams: 50 marks paper to be completed in 2 hours duration.
100
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 4 X 5 = 20
B Conceptual / Descriptive Type questions 2 x 10 = 20
C Case Study - Compulsory 1x 10 = 10
3. End Semester Exams: 100 marks paper to be completed in 3 hours duration.
The question paper pattern will be as specified below:
Sections Type Marks
A Short Answer Questions 7x5=35
B Conceptual / Descriptive Type questions 5x10=50
C Case Study - Compulsory 1x15=15
Master of Commerce (M Com)
Method of Evaluation
Students are evaluated for each paper on the basis of written examination and continuous
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 Examination
Mid Semester Exam – 50 marks (2 hours)
End Semester Exam – 100 marks (3 hours)
Mid Semesters Exam marks will be taken for Internal Assessment
(CIA - 1)
101
End Semester Exam marks will be reduced to 50 for deciding the promotion criteria
along with CIA marks.
CIA – 1 : MSE marks will be reduced to 25 for this purpose
CIA – 2 : Continuous Internal Assessment
Continuous Internal Assessment – 2
CIA – 2 will have three components
Written (reports) – Individual
Presentation and VIVA
Parameters of evaluation:
Written – content, relevance of information
Presentation & VIVA – Knowledge & understanding of the concept
Written & presentation/ VIVA will carry 50% marks each respectively
Attendance
The marks distribution for attendance is as follows:
95 – 100% - 5 marks
90 – 94% - 4 marks
85 – 89% - 3 marks
80 – 84% - 2 marks
76 – 79% - 1 mark
PAPER BY RESEARCH –LEARNING METHODOLOGY - ASSESSMENT AND
EVALUATION
Continuous Internal
Assessment
CIA -1 (For 25 marks)
CIA – 2 (For 20 marks)
Attendance (for 5 marks)
102
1. The faculty will briefly explain the various topics to be covered with respect to the
content, scope, area to be covered under each topic and the courses of information etc
during the first 8 to 10 hrs of the respective semester.
2. The class is divided into groups of 3 to 4 students and each group is assigned specific
topic to carry out the research. The research work will be carried out under the
supervision of the faculty in the library during the allotted time. Groups are allotted
specific time to meet the guide with in the allotted time schedule for guidance.
3. The faculty guide will keep a record of discussions he had with the groups and will be
entered in the work diary. This will continue for about 2 to 25 hours.
4. On the basis of the research and continuous discussion with the guide, the group will
prepare the course material for the respective topics assigned for them. This will be
revised by the guide in discussion with the group. Once the course materials for all
groups are reviewed and finalized, it will be combined to make up the course material
of the research paper.
5. For the next 20 hrs presentation of the papers by the students will go on. Every
student will make the presentation. About the topic he/she has done with the group.
The class will actually interact with the presentation and will be supplemented by
faculties observation and suggestions. Students presentation will be assessed for CIA3
6. The groups will have questions only from the topics assigned to them for Mid-
semester examination.
7. Research papers carry 150 marks each. 50 marks allotted to the research work: - For
research material 30 Marks, Attending the library 10 marks and for the interaction
with the guide 10 marks. 100 marks will be for End semester examination and CIA
QUESTION PAPER PATTERN
Section A
Short answer questions – 7 questions (out of 10) – 5 marks each
(35 marks)
Section B
Analytical / Essay type questions – 5 questions (out of 7) – 10 marks each
(50 marks)
Section C
Case Analysis – 1 question x 15 marks (15 marks)
GUIDELINES FOR ASSESMENT & EVALUATION FOR INTERNSHIP REPORT
AND VIVA
Each student should undertake an internship study of the organization for a period of
two months during May & June & carry out a detailed analysis.
103
This study will help the student to have a clear knowledge of what an organization is
& the major factors that lead to structuring of the organization & how good an
organization structure will enable in achieving the objectives effectively & efficiently.
The study will also reinforce the theoretical knowledge acquired in terms of
applications.
Faculty mentor will be nominated for each student by the department.
The study should cover the following topics :
o Profile of the organization.
o Mission, objectives & strategies of the organization.
o Organization design & structure
o Policies & procedures followed.
o SWOT analysis of the organization.
o Key result areas of the organization.
o System of accounting followed.
o Significant factors for success.
o Performance appraisal system.
o Financial highlights.
o Future plans for growth of the organization..
Students should interact with the faculty guide every week & report the progress
made.
The report has to be submitted latest by July 15th
,
Students will be assessed & evaluated on the basis of the following criteria :
o Report will be evaluated for 50 marks.
o Presentations/viva for 50 marks.
S.No Reg
No
Name Introduction
(5)
Functional
areas(10)
SWOT
(10)
Financial
Analysis(10)
Findings &
Suggestions
(10)
Certificates
Formats (5)
Total (50)
GUIDELINES FOR ASSESMENT & EVALUATION FOR TEACHING PRACTICE
MAXIMUM MARKS: 50
1. Thirty hours of teaching assignments for B.Com shall be undertaken by each student
during the 4th
semester
2. Each student shall be under the supervision of a faculty mentor /guide.
3. The 30 hrs may be distributed among 3 or 4 subjects, which shall be a combination of
theory and problem based papers.
4. A Structured Plan stating the Topic, Objectives, Methodology and Evaluation shall be
prepared in advance by the student for each class session and submitted to the faculty
mentor/guide.
5. Faculty guides shall maintain an assessment register for their respective students and
record assessment for each session on the given parameters.
Assessment Criteria:
1. Preparation of the material, its content, coverage & quality 25
104
2. Presentation 20
- Contents
- Confidence
- Convincing
3. Summation Question Answers 5
-------
50
-------
Total marks scored for 30 hours will be converted out of 50 will be calculated out of
50 marks.
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