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KADI SARVA VISHWAVIDYALAYA
B.COM – SEMESTER - 6
B.COM 601 Management Accountancy
[A] RATIONALE
As students have already learnt Financial Accounting, corporate accounting and cost
accounting.it is necessary now to teach them accounting for Management. As Management
accountancy is a special branch of accounting students should learn the basics of it at a under
graduate level.
So the syllabus is to be designed in such a way which shows the students that how this
principles are variedly applied to the managers for decision making.
Another aspect to design this syllabus is to familiarize the students with the various
Management accounting principles and its treatment.
[B] OBJECTIVES
(a) To teach the basics of Management accountancy
(b) To teach basic principles, standards and its applications of Management accounting.
(c) To give knowledge of the Risk, Return and Leverage.
(d) To teach the budgeting and various budgets as tool of management accounting.
(e) To develop an in-depth understanding of working capital management.
[C] EXPECTED LEARNING OUTCOMES OF THE PROGRAM
1. Students will learn basic accounting procedure for Management accountancy.
2. Students will learn basic principles, standards and its applications of Management accounting.
3. Students will learn the Risk, Return and Leverage.
4. Students will learn in-depth procedure budgeting and various budgets as tool of management
accounting.
5. Students will get in-depth knowledge about working capital management.
[D] SCHEME OF TEAXCHING AND ASSESSMENT:
UNITS TOPICS INSTRUCTIONAL HRs. WEIGHTAGE (%)
1. Introduction of Management Accountancy
and time value of money
2 20%
2. Risk, Return and Leverages 6
3. Budgeting and various types of Budgets 8 20%
4. Cash Budget 10 20%
5. Capital Budgeting 10 20%
6. Flexible Budgeting 9 20%
TOTAL 45 100%
Sr.
No./
Subject
Code
Subject Title & Code
Teaching
Scheme
Exam Scheme
Theory/
Practical Tut
University
Theory
Internal Theory
(sessional &
objective)
Internal
practical
work
Total
Marks
Hrs. Max
Marks
Hrs. Max
Marks
Max
Marks
B.COM 601 Management
Accountancy(601)
3(Th) 0 3 60 3 20 20 100
Note: As practical Assignment and Presentation is introduced having weightage of 20 internal marks
carrying 10 marks each.
[E] COURSE CONTENT:
1. Introduction of Management Accountancy and time value of money
The role of time value in finance; present and future values of single amounts; present and future values of annuities; present value of cash flow streams; loan amortization; perpetuity; growth rate calculations
No of Lectures:-02
2. Risk, Return and Leverages
Types of risk and return, operating leverage, financial leverage, and total leverage; fixed costs and operating leverage; business and financial risk
No of Lectures:- 06
3. Budgeting and various types of Budgets
Introduction; Meaning of Budget and Budgetary Control; Types of Budgets; Preparation
of following Functional Budgets only: Sales Budget, Selling and Distribution costs
Budget, Production Budget, Materials Budget, Labor Cost Budget, Factory Overheads
Budget, Administrative Overheads Budget and Cash Budget, Flexible Budget. (R <& D
Budget, projected Profit & Loss A/c and Balance Sheet are not included).
No of Lectures:- 08
4. Cash Budget
Advantages of Cash Budget, Limitations of Cash Budget, Methods of Preparing Cash Budget, Adjusted Earning Method, Balance-Sheet Projection Method, Working Capital Differential Method.
No of Lectures:- 10
5. Capital Budgeting
Following methods are covered, Accounting rate of return, Payback Method, Net
Present Value Profitability Index (P.V. factors and Annuity factors must be provided in
the question. Advanced level problems are not expected)
No of Lectures:- 10
6. Flexible Budgeting
No of Lectures:- 09
Notes:
1. A multiple choice question [Divided into 5 Sub questions] carrying 20% marks shall be
asked as a compulsory question, requiring the students to select option supported by
necessary working.
2. Practical problems in addition to the Multiple choice questions] carrying no less than
60% marks shall be asked.
TEXT BOOK:
Cost accounting tax and problems by M.C. Shukla, T.S. Grewal, M.P Gupta, S. Chand & Co.
[F] RECOMMENDED BOOKS & REFERENCE MATERIALS
1. Financial Management and Policy (Ninth Edition), Van Horne and C. James, Prentice Hall of India Pvt. Ltd., New Delhi
2. Financial Management, S.C. Kuchhal, Chaitanya Publishing House, Allahabad
3. Management Accounting & Financial Analysis Ist Edition, Dr. S.N. Maheshwari, S. Chand & Sons
4. Financial Management - Theory and Practice, Prasanna Chandra, Tata McGraw Hill Book Co., New Delhi
5. Financial Management, I.M. Pandey, Vikas Publishing House New Delhi
6. Financial Management Text & Problems, M.Y. Khan & R.K. Jain, Tata McGraw Hill Publishng Co. Ltd
[G] PAPER SCHEME:
QUE: 1 Objective Questions (COMPULSORY)
QUE: 2 Introduction of Management Accountancy and time value of money
QUE:3Risk, Return and Leverages
OR
QUE: 3 Risk, Return and Leverages
QUE: 4 Budgeting and various types of Budgets & Cash Budget
OR
QUE: 4 Budgeting and various types of Budgets & Cash Budget
QUE: 5 Capital Budgeting&Working Capital Management
OR
QUE: 5 Capital Budgeting&Working Capital Management
NOTE: Chapters shown in QUE:2 to QUE:5 are interchangeable among all the four questions but format
of QUE:1 will remains same
KADI SARVA VISHWAVIDYALAYA
B.COM – SEMESTER VI
B.COM 602: Advance financial management
Effective from June: 2011
[A] RATIONALE
The knowledge of this subject is required for Final year undergraduate commerce students who wish to choose higher education or Industry/field as their career. This course is designed to develop understanding of advance concepts of Financial Management, financial system in India and stock exchanges of India.
[B] OBJECTIVES
The knowledge of this subject is required for all undergraduate commerce students who wish to choose higher education or Industry/field as their career. The course is designed to deliver the advance concepts of financial management.
[C] EXPECTED LEARNING OUTCOMES OF THE PROGRAM
Students will:
1. Get awareness about the advance concepts of financial management, financial system in India and stock exchanges in India.
2. Get awareness about various money market and capital market to be required in the field of financial management in routine life.
3. Get awareness about the changes taking place in the field of financial environment in primary market, secondary market.
4. Will be able to understand the elements of finance such as stock exchanges in India, depository system and merchant banking, mutual funds, credit card.
5. Will be able to understand the advance concepts of SEBI and kinds of financial derivatives.
[D] SCHEME OF TEACHING AND ASSESSMENT:
UNIT Examination Scheme
% weight age
Teaching Scheme
No. Of theory
Unit 1 10 3
Unit 2 10 6
Unit 3 10 4
Unit 4 10 8
Unit 5 10 7
Unit 6 10 3
Unit 7 10 5
Unit 8 10 3
Unit 9 10 3
Unit 10 10 3
TOTAL 100% 45
Sr.
No./
Subject
Code
Subject Title & Code
Teaching
Scheme
Exam Scheme
Theory/
Practical Tut
University
Theory
Internal Theory
(sessional &
objective)
Internal
practical
work
Total
Marks
Hrs. Max
Marks
Hrs. Max
Marks
Max
Marks
B.COM 602 ADVANCE FINANCIAL
MANAGEMENT (602)
3(Th) 0 3 60 3 20 20 100
Note: As practical Assignment and Presentation is introduced having weightage of 20 internal marks
carrying 10 marks each.
[E] COURSE CONTENT:
Serial Number
Unit/ Title Of Unit Required Lectures
1. The financial system in India
Functions of the financial system, financial concepts, development of financial system in India, weaknesses of Indian financial system.
3
2. Money market
Definition, money market Vs. capital market, features of a money market, characteristic features of a development money market, importance and composition of money market, certificate of deposit (CD), interbank participation certificate, REPO instruments, deficiencies of Indian money market, recent developments.
6
3. New issue market
Meaning, stock exchange, distinctions and relationship between new issue market and stock exchange, functions of new issue market, general guidelines for new issue, principal steps of a public issue, instruments of issue, players in the new issue market, recent trends in new issue market.
4
4. Secondary market
Functions of stock exchanges, Recognition of stock exchanges-procedure, organization of stock exchanges in India, listing of securities, listing procedure, registration of stock brokers, functions of brokers, registration of sub-brokers, kinds of brokers and their assistants, methods of trading in a stock exchange, current settlement procedure of trading transactions, on line trading, kinds of speculators, indices of NSE, defects of Indian stock/capital market, recent developments, securities lending(SLB)-recent reforms.
8
5. Securities and Exchange Board of India(SEBI)
Controller of capital issue (CCI), securities contracts act, malpractices in securities market, deficiencies in the market, SEBI, SEBI guidelines, recent
7
guidelines.
6. Depository system
Definition and meaning, objectives and activities of the depository, interacting institutions, depository process, trading in a depository system, SEBI regulation act-1996, depository process in India, benefits of depository system, NSDL and CDSL, drawbacks, remedial measures.
3
7.
8. 9. 10.
Merchant banking
Definition, merchant banking in India, merchant banks and commercial banks, services of merchant banks, merchant bankers as lead managers, guidelines for merchant bankers, process of merchant banking in India, problems and scope for merchant banking in India.
Mutual funds
Mutual fund meaning, scope, definition, types of funds, importance of mutual funds, risks, organization of the fund, facilities available to investors, performance evaluation of mutual funds, investors rights, general guidelines, commercial banks and mutual funds, mutual funds in India, reasons for slow growth, future of mutual funds industry.
Derivatives
Meaning, definition ,kinds of financial derivatives, financial forwards, futures, types of futures, options, benefits, SWAP, inhibiting factors, derivatives in India, recent developments.
Credit card
Meaning, who can be a credit card holder? Types of credit card, parties to a credit card, procedure for reimbursement, facilities offered to card holders, benefits of credit card, demerits of credit card, credit card business in India, future prospects.
5
3 3 3
Total Hours 45
[F] RECOMMENDED BOOK & REFERENCE MATERIALS GORDON,E., AND Dr. NATARAJAN, K.,FINANCIAL MARKETS AND SERVICES,
HIMALAYA PUBLISHING HOUSE, SIXTH EDITION, NEW DELHI
KHAN.,M.Y., JAIN.P.K.,FINANCIAL MANAGEMENT, TATA MA CGRAW HILL, NEW DELHI.
Methodology of Teaching
• Models
• Charts
• LCD Projector
[G] PAPER SCHEME:
Kadi Sarva Vishwavidyalaya Seat No.______ Class:_______
Date: __ /___ /____ B.Com. - Sixth semester Time: 3 Hour
Day: ________ Sub: Advance financial management Marks: 60
CODE – B.COM 602
Q-1 Essay type question (Two Question with 100% Option) 12 Marks
Q-2 Essay type question (Two Question with 100% Option) 12 Marks
Q-3 Essay type question (Two Question with 100% Option) 12 Marks
Q-4 Essay type question (Two Question with 100% Option) 12 Marks
Q-5 (a) Explain the terms: Any Four 04 Marks
(b) Explain the statements: Any Four 04 Marks
(c) Answer in brief: Any Four 04 Marks
KADI SARVA VISHWAVIDYALAYA
B.COM – SEMESTER - 6
B.COM 603 International Economics
[A] RATIONALE International economics helps students to learn about Global economy. They will come to know about the trade and tariff, various exchange rate theories and policies which helps the students to understand the current affairs of the economy. [B] OBJECTIVES The objective of the International Economics is to help to understand how the economy works, helps to interpret the past, it makes our world comprehensive and help us to think intelligently about the future. It helps us to make better commercial and financial decision and participate more fully in democratic life. It helps to students to understand the international fluctuations of the world economies. [C] EXPECTED LEARNING OUTCOMES OF THE PROGRAM Students will: Learn about the good understanding of the world Economy. Will be able to understand how economic decision impacts the world Economy. [D] SCHEME OF TEACHING AND ASSESSMENT:
UNITS TOPICS INSTRUCTIONAL HRs.
WEIGHTAGE (%)
1. Free trade Vs Protection 13 20%
2. Theory of Intervention 14 30%
3. Foreign Exchange rate and policies 08 25%
4. IMF and World Bank 10 25%
Sr. No./ Subject Code
Subject Title & Code
Teaching Scheme
Exam Scheme
Theory/ Practical Tut
University Theory
Internal Theory (sessional & objective)
Internal practical work
Total Marks
Hrs. Max Marks
Hrs. Max Marks
Max Marks
B.com-603 International Economics
3(Th) 0 3 60 3 20 20 100
Note: As practical Assignment and Presentation is introduced having weightage of 20 internal marks carrying 10 marks each. [E] COURSE CONTENT: Unit 1:Free trade and Protection- Cases for and against Free Trade and Protection Unit 2: Theory of Intervention- A) Tariff- Meaning, Types and Effects
B) Import quotas-Meaning, Types and Effects C) Comparison between A and B Unit 3: Foreign Exchange rate and policies-Meaning, Fixed and Flexible Exchange rate polices and Exchange rate in practice Unit 4:IMF and World Bank working since last 25 years. [F] RECOMMENDED BOOKS & REFERENCE MATERIALS International Trade By M.L.Jhingan International Trade by Chacholedes Indonomics from CHRONICLE MARCH 2009 [G] Paper Pattern: Ques 1 Compulsory Ques 2
OR Ques 2 Ques 3 OR Ques 3 Ques 4 OR Ques 4 Ques 5 (Any Two/Five)
KADI SARVA VISHWAVIDYALAYA
B.COM – SEMESTER VI
B.COM (604): Commercial Communication -V
Effective from Academic Year: 2011-12
A. RATIONALE:
At present most of the major industries of the world are controlled. To overcome lack of
Entrepreneurship, it is imperative for a Commerce Degree Holder to promote
“Advanced Commercial communication Education”. In such situation it is important
for the Commerce students to get in touch with Office Management and to
acquire proficiency in oral and written communication skills. Hence this subject
is added in the curriculum.
B. OBJECTIVES:
Commercial Communication is designed to develop the communication skills of
the participants and to maintain the academic excellence that was once its
hallmark and infuse new energy into all the academic programmes.
At the end of the course, the participants should be able to:
1. Improve the organization and structure of the written communication.
2. Write effective letters and reports using prescribed stages and steps for effective
business writing.
3. Apply basic rules of grammar.
4. Apply guidelines in using effective writing style.
5. Reduce time spent in writing communications.
6. Have the advantage of the influencing people with enthusiasm of the
presentation skill.
7. Furnish Email technologies, which allow fast and widespread adoption in modern
era
8. Improve confidence in writing letters.
C. EXPECTED LEARNING OUTCOMES OF THE PROGRAM:
1. Students will get idea about the hurdles of the language.
2. Students will able to understand about communicative techniques.
3. Describe and use effective interpersonal communication and listening skills.
4. Identify the various aspects of the organizational setting for business
communication
5. They will get the knowledge of how to write an application for a particular post
6. They will develop their vocabulary skill.
7. Students will easily get in touch with their communicative aspects.
8. Students will become more relevant to contemporary market demands.
9. Students will create skills that can raise their employability level.
10. They will enable to better understand where they can go to learn knowledge, skills
and attitudes.
D. SCHEME OF TEACHING AND ASSESSMENT:
TOPICS THEORY
HOURS
WEIGHTAGE
Segment I Presentation skill
09 12 Marks(20%)
Segment I Public Relation 09 14
Marks(23.33%)
Segment II Modern Technology 12 12 Marks(20%)
12 Marks(20%)
10
Marks(17.67%)
60 Marks
Segment II Business Reports 08
Segment III Stock Market Reports (Comprehension) 07
Total 45
Sr.
No./
Subject
Code
Subject Title & Code
Teaching
Scheme
Exam Scheme
Theory/
Practical Tut
University
Theory
Internal Theory
(sessional &
objective)
Internal
practical
work
Total
Marks
Hrs. Max
Marks
Hrs. Max
Marks
Max
Marks
B.COM 604 Commercial
Communication -V
3(Th)+2=
5
0 3 60 3 20 20 100
[E] COURSE CONTENT:
Segment I 1. Presentation skill
1.1.Purpose 1.2.Kinds of presentation 1.3.Factors of presentation 1.4.How to give effective presentation?
1.5.Strategies of presentation skill 1.6. Structure of presentation 1.7.Support
Segment I 2. Public Relation
2.1.Interview
2.1.1. A letter asking the applicant to appear for an
interview for the post of a steno-typist 2.1.2. A letter asking the candidate to appear for an
interview for the post of an assistant accountant
2.1.3. A letter asking the applicant to appear for an interview for the post of probationary officer
2.1.4. A letter asking a candidate to appear for general interview.
2.1.5. A letter asking a candidate to appear for a general interview
2.2.Reference 2.2.1. A letter from a prospective employer to a
referee. 2.2.2. Another form of a letter asking for a
reference 2.2.3. Reply from the reference ( A favorable reply) 2.2.4. An unfavorable reply from the referee
2.3.Testimonial
2.3.1. A testimonial by a person of high position 2.3.2. A testimonial by the principal of a college 2.3.3. A testimonial by an employer
2.4.Letters of appointment
2.4.1. An appointment letter
2.5.Conformation 8.4.1. A letter of confirmation
2.6.Promotion 2.6.1. A letter of promotion
2.7.Retrenchment
2.8.Resignation
2.8.1. A letter of resignation
Segment II 3. Modern Technology
3.1.Introduction 3.2.Internet
3.2.1. Access to Internet 3.2.2. World wide web (WWW)
3.3.Multimedia 3.4.Pagers 3.5.Mobile phones
3.5.1. Advantages of Mobile Technology 3.5.2. History of SMS 3.5.3. Short Message Service (SMS)
3.6.Electronic Mail 3.6.1. Disadvantage 3.6.2. Guidelines for Writing E-mail Messages 3.6.3. E-Mail Abbreviations and Acronyms
3.7.Netiquette Segment II
4. Business Reports
Individual Reports/Committee Reports
Segment III 5. Stock Market Reports (Comprehension)
Format of University Question Paper with
the allocation of Mark
Commercial Communication III
1. Presentation skill (Long Question) (Any one out of Two) [12]
2. Public Relation (Any Two letters out of Four) [14]
3. Modern Technology (compulsory) Long Question [12] 4. Business Reports (Any One out of Two) [12]
5. Stock Market Reports (Comprehension) [10]
Total 60
Suggested Readings:
Easily confused and misused words, Tata Mc Grawhill publishing co. ltd., Delhi, 2006. Print.
Rai. S.M, Urmila Rai, Business Communication, Himalaya Publishing House, Delhi, 2002. Print.
Rao, Babu, Communication Today, Babu Rao, Himalaya Publishing House, Delhi, 2003. Print.
Sehgal, M.K , Vandana Khetarpal , Nature and Scope of Business Communication, Delhi, Excel Books,
2003. Print.
Kaul, Asha, Effective Business Communication, Prentice Hall of India, Delhi, 2005. Print.
Bhatia, R.C., Bussiness Communication, Ane Books Pvt.Ltd., New Delhi, 2009. Print.
Raman, Meenakshi, Prakash Singh, Business Communication, OUP, New York, 2006.
Print.
Gupta, C.B, Bussiness Communication and Organization and Management, Sultan Chand
& Sons, New Delhi, 2004. Print.
Pal, Rajendra, J.S.Korlahalli, Bussiness Communication, Sultan Chand & Sons, New Delhi,
2004. Print.
Suggested Web Links: www.vanik.com/letters.htm
KADI SARVA VISHWAVIDYALAYA
B.COM – SEMESTER - 6
B.COM 605 Financial Statement Analysis
[A] RATIONALE
At the graduation level students should have the knowledge and understanding of information
reported in the financial statements with this logic this syllabus is designed.
[B] OBJECTIVES
(f) To teach the basics of financial statement analysis.
(g) To teach interpretation of financial statements.
(h) To give the knowledge of accounting ratios and their interpretation.
(i) To teach the cash flow statement as a one of the financial statements.
(j) To develop an in-depth understanding reporting and measurement.
[C] EXPECTED LEARNING OUTCOMES OF THE PROGRAM
6. Students will learn basic of financial statement analysis.
7. Students will get the information and basic knowledge about interpretation of financial
statements.
8. Students will learn the applications of basic of accounting ratios and their interpretation.
9. Students will learn in-depth procedure cash flow statement.
10. Students will get in-depth knowledge about reporting and measurement.
[D] SCHEME OF TEAXCHING AND ASSESSMENT:
UNITS TOPICS INSTRUCTIONAL HRs. WEIGHTAGE (%)
1. Introduction to financial statement analysis 2 20%
2. Analysis and Interpretation of Financial
Statements
6
3. Accounting Ratios and their Interpretation 8 20%
4. Cash Flow Statement 10 20%
5. Working Capital Management 10 20%
6. Reporting and Measurement 9 20%
TOTAL 45 100%
Sr.
No./
Subject
Code
Subject Title & Code
Teaching
Scheme
Exam Scheme
Theory/
Practical Tut
University
Theory
Internal Theory
(sessional &
objective)
Internal
practical
work
Total
Marks
Hrs. Max
Marks
Hrs. Max
Marks
Max
Marks
B.COM 605 Financial Statement
Analysis (605)
3(Th) 0 3 60 3 20 20 100
Note: As practical Assignment and Presentation is introduced having weightage of 20 internal marks
carrying 10 marks each.
[E] COURSE CONTENT:
7. Introduction to financial statement analysis: Financial Statement Analysis: Meaning, significance, types, and limitations of financial statements; Accounting policies, regulations of financial accounting, and accounting choices/practices; Window dressing -meaning, and ways and means to check window dressing.
No of Lectures:- 02
8. Analysis and Interpretation of Financial Statements
Concept, Nature, Objectives and Limitations of Financial Statements, Analysis and
Interpretation of Financial Statements; Types of Analysis and Interpretations; Methods of
Analysis and Interpretation; Comparative Financial Statements; Common Size Statements,
Trend Analysis and Fund Flow Analysis (in Theory Only)
No of Lectures:- 06
9. Accounting Ratios and their Interpretation (Including Concept of EPS as per AS-20):
Definition; Mode of expression and Interpretation of Ratios; Classification of Ratios;
Practical Problems on the following Ratios Only : Current Ratio; Liquid Ratio; Turnover
Ratios relating to Stock, Debtors; Creditors, Net Assets, Fixed Assets and Working
Capital; Gross Profit Ratio, Net Profit Ratio, Operating Ratio, Expense Ratios, Rate of
Return on Investment, Return on Shareholders' Funds, Earning per share and Price-
Earnings Ratio, Leverage Ratio (Trading on Equity or Capital Gearing); Advantages and
Limitations of Ratio Analysis; Note : Preparation of Financial Statements from given
ratio may be expected; Emphasis is to be given on interpretations.
No of Lectures:- 08
10. Cash Flow Statement
Concept and Significance of Funds Flow Statement; Sources and Applications of Cash; Cash
from Operation; Income and Expenditure Approach and Net Profit Approach; Difference
between Fund Flow Statement and Cash Flow Statements; Preparation of Cash Flow
Statement as per AS-3.
No of Lectures:- 10
11. Working Capital Management
Principles of Working Capital Management, Various Approaches, Estimation of Working Capital, Managements of Components of Working Capital; Cash, Receivables, Inventory and Sources of Working Capital Finance
No of Lectures:- 10
12. Reporting and Measurement Income concepts for financial reporting; Measurement and reporting of revenue and expenses, and gains and losses; Measurement of assets and liabilities.
No of Lectures:- 09
Notes:
3. A multiple choice question [Divided into 5 Sub questions] carrying 20% marks shall be
asked as a compulsory question, requiring the students to select option supported by
necessary working.
4. Practical problems in addition to the Multiple choice questions] carrying no less than
60% marks shall be asked.
TEXT BOOK:
Cost accounting tax and problems by M.C. Shukla, T.S. Grewal, M.P Gupta, S. Chand & Co.
[F] RECOMMENDED BOOKS & REFERENCE MATERIALS
7. Foster G: Financial Statement Analysis; Prentice Hall, New Delhi.
8. Institute of Chartered Accountants of India; Various Publications.
9. International Accounting Standards Committee; Various Publications.
10. Pandey I.M.: Essentials of Management Accounting; Vikas Publishing House Pvt Ltd.
11. Porwal, L.S. "Accounting Theory: An Introduction"; (3rd Ed), Tata McGraw Hill, New Delhi.
[G] PAPER SCHEME:
QUE: 1 Objective Questions (COMPULSORY)
QUE: 2 Analysis and Interpretation of Financial Statements (COMPULSORY)
QUE:3 Accounting Ratios and their Interpretation & Reporting and Measurement
OR
QUE: 3 Accounting Ratios and their Interpretation & Reporting and Measurement
QUE: 4 Cash Flow Statement
OR
QUE: 4 Cash Flow Statement
QUE: 5 Reporting and Measurement
OR
QUE: 5 Reporting and Measurement
NOTE: Chapters shown in QUE:2 to QUE:5 are interchangeable among all the four questions but format
of QUE:1 will remains same
KADI SARVA VISHWAVIDYALAYA
B. Com. – Semester VI
B. Com. 606 : Operation Research
Effective from June: 2011
[A] RATIONALE :
The knowledge of this subject is required for all under graduate commerce students who wish to
choose higher education or Industry/field as their career. The course is designed to deliver the
basic fundamental concepts of Operation Research, and application of it in commerce.
[B] OBJECTIVES :
1. To familiarize the students with concepts and tools of Operation Research.
2. To acquire knowledge and understanding of various techniques of Operation Research.
3. To develop skill for various applications of skills related with Business.
4. To grasp the meaning and significance of various skills of Operation Research.
[C] EXPECTED LEARNING OUTCOMES OF THE PROGRAM :
Students will:
1. Get awareness about the fundamentals of Operation Research.
2. Get awareness about various Analytical skills to be required in the field of statistics in
routine life.
3. Get awareness about various techniques of Operation Research in the field of commerce.
4. Will be able to understand the importance of planning, controlling and distributions.
5. Get awareness about the modern techniques of Operation Research by teaching learning
process.
[D] SCHEME OF TEACHING AND ASSESSMENT:
UNITS TOPICS INSTRUCTIONAL HRs.
WEIGHTAGE (in %)
1. 1.1 Introduction of O. R.
1.2 P. E. R. T. & C. P. M. 08 20
2. 2.1 Transportation Problem
2.2 Assignment Problem 10 20
3. Decision Theory 08 20
4. 4.1 Game Theory
4.2 Replacement Problem 11 20
5. Linear Programming 08 20
TOTAL 45 100
Sr. No./
Subject Code
Subject Title & Code
Teaching Scheme
Exam Scheme
Theory/ Practical
Tut.
University Theory
Internal Theory (sessional & objective)
Internal practical
work Total
Marks Hrs.
Max. Marks
Hrs. Max.
Marks Max.
Marks
B. Com.-606 Operation Research 3(Theory) 0 3 60 3 20 20 100
Note: As practical Assignment and Presentation is introduced having weightage of 20 internal marks carrying 10 marks each.
[E] COURSE CONTENT:
UNIT – 1 20%
1.1 Introduction and History of Operation Research. (2 Hours)
1.2 PERT and CPM (6 Hours)
Meaning and characteristics of PERT, PERT chart with explanation of Activities and Events, D.
R. Fulkerson's rule for numbering the events, Dummy activity, Expected activity time, Earliest
Start Time (EST), Earliest Finish Time (EFT), Latest Start Time (LST), Latest Finish Time
(LFT), Float Time. Meaning of Critical Path Method (CPM), Difference between PERT and
CPM, uses and limitations of PERT and CPM Network. Simple PERT & CPM Network (simple
example).
UNIT - 2 20 %
2.1 Transportation Problem (6 Hours)
Definition of balanced transportation problem. Its formulation, different methods of obtaining initial basic feasible solution by North – West corner rule. Matrix Minima Method, Vogel’s Approximations Method and its applications.
2.2 Assignment Problem (4 Hours)
Definition of balanced Assignment Problem. Formulation of the problem. Hungarian Method of solving an Assignment Problem and its application.
UNIT – 3 Decision Theory (8 Hours) 20%
Meaning and Basic structure of decision theory, classical basis of pay-off matrix models, pay-off
matrix under conditions of risk, Expected value, Maxi-mini, Maxi-max, Horwitch and Laplace
criteria to decide best strategy, Expected Monetary Value (E.M.V.) Expected Value of Perfect
Information (E.V.P.I.),
UNIT – 4 20%
4.1 Game Theory (6 Hours)
Introduction and uses of the Game Theory. 2 × 2 game problems with and without saddle point
with simple illustrations.
4.2 Replacement Problem ( 5 Hours)
Importance of Replacement Models. Simple replacement problem, when units get deteriorate as
per passage of time. Value of Money remains the same – simple illustrations.
UNIT – 5 Linear Programming (8 hours) 20%
Definition and formulation of Linear Programming Problem (L. P. P.)., solution by graphical
method up to two variable, applications and uses of L. P. P..
[F] RECOMMENDED BOOKS & REFERENCE MATERIALS (1) J. K. Sharma : “O. R. Theory and Applications” Macmillan India Ltd., 2nd Edition (2003).
(2) H. A. Taha : “ Operation Research”, Macmillan India Ltd., 6th Edition (1999).
(3) S. D. Sharma : “O. R. Theory and Applications” Sultan Chand Publication, New Delhi
[G] PAPER PATTERN: As per the guidelines of the Kadi Sarva Vishwavidyalaya.