Mandsaur University

B.Com III

Semester

Syllabus

Mandsaur University

Objectives:

● To cover the basics of share capital, debenture and its accounting process.

● Describe in detail the purpose of accounting information systems and the links

between business structure, processes, performance, and information systems.

● To understand the calculation of remuneration determination of managers.

● To prepare final accounts for banking and insurance firms

Unit-1

Share capital and its treatment:- : Share and its types, debentures and its

classification, Sources of capital, Issue of Shares, forfeiture, Reissue of shares and buy

back of shares.

Unit-2

Preference share and debenture: - Redemption of Preference Shares, Issue &

Redemption of Debentures

Unit -3

Acquisition of business and profits prior and after incorporation

Unit -4

Final Accounts of companies (including calculation of managerial remuneration).

Declaration of dividend, Profit and loss appropriation account and disposal of profit. Final

Accounts of Banking and Insurance Companies.

Unit-5

Accounting for Merger as per AS 14. Internal reconstruction of a company as per

Indian accounting standard 14 (Excluding intercompany holdings and reconstruction

scheme.)

Outcomes:

● After completion of this course students will be able to

● Demonstrate comprehensive and accurate knowledge and understanding of those

areas of company accounts in the indicative syllabus above.

● Calculate financial position of banking firms

● Apply the company account techniques in real life situations.

Understand the accounting treatment of Internal reconstruction of a company as

per Indian accounting standard 14.

Text books:

1. M.C. Shukla, T.S. Grewal : Advanced Accounts Vol. II; S. Chand & Company Ltd.,

7361, Ram Nagar, & S.C. Gupta New Delhi-110 055.

2. R.L. Gupta & : Company Accounts; Sultan Chand & Sons,23, Daryaganj, New

DelhiM. Radhaswamy 110 002.

Reference books:

1. S.P. Jain & K. L. Narang : Advanced Accountancy-Vol.II; Kalyani Publishers, 23,

Daryaganj, New Delhi - 110 002. . S. N. Maheshwari & : Advance Accounting Vol.

II; Vikas Publishing House (Pvt.) Ltd., A-22, S.K. Maheshwari Sector 4, Noida –

201 301.

2. Ashok Sehgal & : Advanced Accounting Vol. 2; Taxmann’s,59/32, New Rohtak

Road, Deepak Sehgal New Delhi-110 005

Subject Name L T P Credit

COM070 - Company Accounts 3 1 0 4

Mandsaur University

Objectives:

● To disseminate knowledge among the students inculcate I them their theoretical

structures about banking and insurance.

● To provide adequate basic understanding about Banking, Insurance & other

financial services to the students and to give an adequate exposure to operational

environment in the field of Banking, Insurance & other related financial services.

● To give practical exposure of E- banking, M- Banking

● To understand the role of RBI and IRDA in regulating Banking and Insurance

sector in India.

Unit-1

Introduction to Banking: Basic Concepts: Origin, Need, Types, Scope and Functions

of Banking – Need for Regulation and Supervision.

Unit-2

Banking Scenario in India: Banking operations – Types of accounts, Banking Services

– Current scenario, Financial Inclusion and Banking regulations and role of RBI

Unit -3

Cooperative Societies: Principles of Cooperative societies, types of cooperative

society; Cooperative society act and rules.

Unit -4

Introduction to Insurance: Understanding of Risk – Kinds of business risk – Need and

Scope of Insurance – Evolution of Insurance – Principles of Insurance – Types of

Insurance and Policies – Risk and Return Relationship.

Unit-5

Insurance Business Environment in India: Growth of Insurance Business – Actuarial

Role – Claim and Settlement Procedures – Insurance Regulation Role of IRDA.

Outcomes:

● The students are expected to develop a clear understanding and knowledge about

the functioning of a Banking and Insurance Companies.

● Able to Work in Banking and Insurance Sector

● Able to operate NEFT, RTGS, IMPS and other E- banking Services

● Able to make compliances with RBI and IRDA.

● Students with the dextry of skills with which modern banking and insurance is

run. For this purpose, after theoretical inputs, the students will be taken for

trainings to banks and insurance companies

Text books:

1. Management of banking and Financial Services, by Padmalatha Suresh & Justin

Paul, Pearson India Ltd, New Delhi.

2. Management of Banking and Financial Services by Padmalatha Suresh & Justin

Paul, 2nd Ed Pearson India 2010.

3. Varshney and Malhotra , “Principles of Banking”, Sultan Chand & Sons

Reference books:

1. Chabbra.T.N.; Banking, Theory & Practice; Dhanpat Rai & Co

2. Shelagh Heffernan Modern Banking in Theory and Practice John Wiley & Sons

Subject Name L T P Credit

COM080 - Principles and Practice of Banking &

Insurance 3 1 0 4

Mandsaur University

Objectives:

● The course is designed to primarily acquaint the students with the conceptual and

operational parameters of banking law and to help students understand recent

statutory and policy developments in this area with the help of case laws

● Basic objectives of the various legislations on the subject of banking and other

financial institutions.

● To prepare students to exploit opportunities, being newly created, in the field of

Banking & Insurance due to Globalization, Privatization & Liberalization

Unit-1

Banking Regulation Act, 1949 : Basic Terms -Business Permitted -Business Prohibited

-Capital -Reserves -Indian Banks Licensing -Branches -Maintain Liquid Assets -Advances

-Management –Liabilities- Credit Creation- Cooperative Banks- Fines & Penalties- Credit

Control. Cooperative Banking, types of cooperative banks & their regulators. RBI rules

for cooperative banks.

Unit-2

Reserve Bank of India, 1935 : Introduction-Role-Scheduled banks-Departments-

Credit Information-Non Banking Financial Institutions(NBFC)-Liabilities under Section 45-

Prudential Norms-Chit fund Act- NBFC & Public Deposits

Unit -3

Indian Insurance Act, 1949 : Basic Terms-Registration-Capital Requirement Deposits-

Accounts & Audit-Registers & Returns-Investments-Social & Rural Insurance

Management Expenses-Assignment & Nomination-Licensing-Agent Commission-Rebate &

Bonus-Tariff Advisory Committee-Surveyors-Reinsurance-Surrender-Public grievances

Obligations of Insurer.

Unit -4

IRDA: Introduction-Objectives-Powers-Duties-Functions-Advisory Committee Central

Government Powers-Deposit-Advertising Disclosures-Inspections and Investigations

Surplus Distribution-Code of Conduct of Agents.

Unit-5

Other Related Acts:

Actuary: Appointment-Powers-Duties-Meeting-Registration-Investment-Prudential Norms

Financial Statements-Code of Conduct for Surveyors and loss assessors-Third Party

Administration-Code of Conduct for TPA-Content of Policy Documents- Remuneration of

Brokers and claims.

Indian Stamp Act: Terms-Instruments-Mode and time

Indian Registration Act: Terms-Rules-Place and Procedures

Ombudsmen Act: Introduction and elementary level knowledge

Outcomes:

● After completion of the course, students are expected to have good command

understanding of banking system and banks.

● The students are expected to develop a clear understanding and knowledge about

the functioning of a Banking and Insurance Companies as per legislations.

● Able to Work in Banking and Insurance Sector in India.

● Able to operate NEFT, RTGS, IMPS and other E- banking Services.

Subject Name L T P Credit

COM090 - Laws Relating to Banking and

Insurance 4 0 0 4

Mandsaur University

Text books:

1. M.L. Tannan, Banking Law and Practice in India, Lexis Nexis, 23rd Ed., 2010.

2. ICSI, Banking and Insurance Law and Practice, Institute of Company Secretaries

of India, Taxmann Publishers, 2010.

Reference books:

1. K.C. Shekhar, & Lekshmi Shekhar, Banking Theory and Practice, Vikas Publishing

House, 19th Ed., 2005. Jyotsana Sethi & Nishwar Bhatia, Elements of Banking

and Insurance, PHI Publishers, 2nd Ed., 2013.

2. O. P. Faizi & Ashish Aggarwal, Khergamvala on The Negotiable Instruments Act,

20th ed., 2008.

3. Avtar Singh, Negotiable Instruments, 4th ed., 2005

Mandsaur University

Objectives:

● The course is designed to make the students aware of the Income tax laws of

India as per IT Act 1961.

● The objective of course is to make students aware about Gross Total Income

Calculations.

● To demonstrate knowledge of the concept, principles, and rues of taxation of an

Individual.

● The course aims to provide knowledge to the students about use of the tax

planning methods to minimize tax liability.

● The course is designed so that the students are aware E- Tax Filing and

Assessment.

Unit-1

Income Tax: An introduction and Important Definitions, Agriculture Income, Residence

& Tax Liability (Basis of charge), Exemptions from Tax (Non-Taxable income), Various

Heads of Income.

Unit-2

Income from Salaries- Provisions, Allowances, retirement benefits and its calculation as

per Income tax Act 1961.

Unit -3

Income from House Property- Introduction, essential elements, calculation of NAV in self

occupied and let out house, Exemptions.

Unit -4

Income from capital gains- calculation of STCG and LTCG and exemptions, Profits and

Gains from Business or Profession- Introductions and different types of income.

Unit-5

Income from other sources, clubbing of incomes & Aggregation of incomes, set off and

carry forward of Losses, Deductions to be made in computing total income. Online filing

of ITR.

Outcomes:

● Students who complete this course will be able identify the history of Income tax

in India

● By the end of the course students will able to describe how the provisions in the

Income tax laws can be used for tax planning.

● Students of the course will able to explain different types of incomes, their

taxability, expenses and their deductibility.

● Students who complete this course will be able to file income tax returns.

● Students of the course will able to state the use of deductions of expenses to

reduce the taxable income.

Subject Name L T P Credit

COM100 - Business Taxation - I 3 1 0 4

Mandsaur University

Text books:

1. Income tax Law and Accounts bt Dr. R.K. Jain, SBPD, 22nd Edition

2. Corporate Tax Planning & Management by H. C. Mehrotra & S. P. Goyal

3. Corporate Tax Planning and Business Tax Procedures by V. K. Singhania

Reference books:

1. Students Guide to Income Tax by. V. K. Singhania,

2. Direct Taxes Law & Practice by V. K. Singhania

Mandsaur University

Objectives:

The objective of this course is to enhance managerial skills. Specifically, this course will

enable students to:

● Cover the basic concepts of management.

● Identify the key competencies needed to be an effective manager.

● Provide the students with the capability to apply theoretical knowledge in

simulated and real-life settings.

● Develop the students’ ability to work in teams

Unit-1

Introduction: - Concept of Management, Scope, Functions and Principles of

Management, Evolution of Management thought. Scientific Management, Administrative

Management

Unit-2

Planning: - Meaning, Process of Planning, Objectives, Policy and Procedures,

Forecasting and Decision Making.

Unit -3

Organizing: - Meaning, Importance and Principles, Span of Management, Centralization

and Decentralization, Patterns of Organization, Line and Staff Relationships.

Unit -4

Staffing: - Nature & Scope of Staffing, Manpower Planning, Selection & Training,

Performance Appraisal.

Unit-5

Controlling: - Concept or Managerial Control, Control aids, Score Responsibilities of

Managers, techniques of controlling.

Outcomes:

By the end of the course, students should have a firm understanding of the diverse roles

of a manager in an organization, as well as of the business environment in which

organizations exist.

● Think strategically about the role and functions of management;

● Understand the different perspectives used in management theory.

● Apply management concepts to analyse and deal with key organisational and

managerial issues.

● Understand the environmental context in which organizations operate;

● Apply a variety of concepts and models used in the various subfields of

management;

● Enhance their skills as collaborative and self-managed learner

Text books:

1. Management Theory & Practice - J.N.Chandan

2. Essential of Business Administration - K.Aswathapa Himalaya Publishing House

3. Principles & practice of management - Dr. L.M.Parasad, Sultan Chand & Sons -

New Delhi

4. Business Organization & Management - Dr. Y.K. Bhushan

Subject Name L T P Credit

COM150 - Management Concepts and

Applications 3 0 0 3

Mandsaur University

Reference books:

1. Stephen P. Robbins & Mary Coulter, Management.

2. Essential of Management - Horold Koontz and Iteinz Weibrich - McGrawhills

International

Mandsaur University

Objectives:

● 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.

● Synthesize ideas into a marketing plan.

● Demonstrate the ability to justify marketing strategies and advocate a

strategically informed position when considering marketing plan implementation

Unit-1

Introduction: Nature and scope of marketing, Evolution, Various marketing

orientations, Core concepts of marketing. Marketing challenges in the globalized

economic scenario.

Understanding Consumer Behavior: Buying motives, factors influencing buying

behavior, stages in consumer buying decision process.

Unit-2

Market Segmentation, Targeting and Positioning: Meaning, Factors influencing

segmentation, Basis for segmentation.

Targeting: Meaning, Basis for identifying target customers, Target Market Strategies.

Positioning: Meaning, product differentiation strategies.

Branding: Concept of Branding & its elements, Brand equity, Branding Positioning.

Unit -3

Marketing Mix: Concept, Four P’s of Marketing mix.

Product Decisions: Concept, new product development, Product Life cycle.

Pricing Decisions: Pricing concepts, Pricing strategies.

Unit -4

Distribution Decision: Meaning, Nature, Functions, Channel alternatives, Factors

affecting channel choice.

Unit-5

Promotional Decision: Meaning, Promotion Mix, Advertising effectiveness, Integrated

Communication

Outcomes:

After completion of subject students will be able to

● Identify core concepts of marketing and the role of marketing in business and

society.

● Get Knowledge of social, legal, ethical and technological forces on marketing

decision-making.

● Appreciate for the global nature of marketing and appropriate measures to

operate effectively in international settings.

● Develop marketing strategies based on product, price, place and promotion

objectives.

● Create an integrated marketing communications plan which includes promotional

strategies and measures of effectiveness.

● Communicate the unique marketing mixes and selling propositions for specific

product offerings.

● Construct written sales plans and a professional interactive oral sales

presentation.

Subject Name L T P Credit

COM160 - Principles of Marketing 3 0 0 3

Mandsaur University

Text books:

1. Marketing – A Managerial Introduction By Gandhi

2. Marketing Information System By Davis – Olsan

3. Consumer Behavior By Schiffman – Kanuk

4. Principles and practice of Marketing By John Frain.

Reference books:

1. Marketing Management By Philip Kotlers

2. Marketing Management Cravens By Hills – Woodruff