CH. CHARAN SINGH UNIVERSITY, MEERUT MASTER OF COMMERCE (M.Com) REGULAR (CRIDGLAY CHUAN Seon BERET, EET SYLLABUS AND SCHEME OF EXAMINATION FOR M.COM, REGULAR (Etfeetive From Academie Year 2019-20 and Onwards)CH. CHARAN SINGH UNIVERSITY, MEERUT M,COM. SYLLABUS. (Effective From Academie Year 2019-20 and Onwards) Semester: | ~ | Internal | External | Total | Cede No. | ] I - Marks | Marks | Marks __ 1 L001 | Management concept and organizational & 30) SU, «100 [fs 1002 | Direct tax- Law and Practice [50 | 50. 100 | 1: 1003 Statistical Analysis _ 3050100 1: 1004 | anagement SHS 100 | — == _ Total] 400, Semester: I Code No [Title of Paper/Course © [Internal 7 Extemal Total fo - Marks | Marks Marks | 1: 2001 indirect T and Custom Law 50 30-100 (3002 Corporate Financial Accounting 50 3000 [T= 2003 Corporate Lews and Gavemance | 5050-100, I - — Total 300 Semester: 11 Code No. Title of Paper/Course laternal | External | Total _ Marks | Marks Marks 1s 3001 | _ Operations Research 30. 50 100 Vs 3002 | Research Methodology | 0 so) 100 123003 | Swategic Management 50100 Us 3004 | Project Based Viva-Voce {oT 10 I — Fotal I 400 Semester: 1V Code No. | Title of PaperiCourse———~| Internal | External - oe | Marks | Marks Lt: 4001 Managerial Economics 50 su |___Bleetive I of Hlective Group 30 Elective Il of the same Flective Group 50 a) oth Papers of any one Elective Group to be opted by the stadeat) - Total i 300 4 Ae I. Yor Ks ‘| ?- My” inteElective Groups Finance Group T4002 ‘Security Analysis & Portfolio Management 50 50 100 [14003 Securities Laws & Capital Markets 50, 30 100 Marketing Group 1: 4004 Marketing Management 30 30 00, 1: 4005, International Marketing 50 50 100 ‘Human Resources Management Group T= 4006 Human Resource Management 30 50 00. 1: 4007 Industrial Relations & Labour Laws 50 30 100‘Max. Marks 100 M.COM. I SEMESTER MANAGEMENT CONCEPT AND ORGANIZATIONAL BEHAVIOUR (1-1001) Learning Objectives: Yo help students to understand the conceptual framework of Management and Organisational Behaviour, Motivational Techniques, Leadership Traits and ‘Theories. Unit I: Managerial Functions: Planning-concept, significance, types; organising - concept, principles, Theories, Types of organisations, Authority, Responsibility, Power,Delegation, Decentralization, Staffing, Coordinating; Control-Nature, Process and techniques. Unit: Organisational Behavior : Organisational behaviour ~ concept and significance; Relationship between management and organisational behaviour; Emergence and ethical perspective; Attitudes; Perception; Learning ; Personality; Transactional Analysis. Unit II: Motivation: Process of motivation ; Theories of motivation-need bierarchy theory ; theory X and theory Y, Two factor theory, Alderfer’s ERG theory, McCleland’s learned need theory, Victor Vroom’s expectaney theory, Stacy Adams equity theory. UnitIV: Group Dynamics and Team Development: Group dynamics-definition and importance, Types of groups, Group formation; Group development, Group composition Group performance factors; Principle-centered approach to team development. Unit V: Leadership: Concept, Leadership styles, ‘Theories ~ trait theory, Behavior theory, Fielder’s contingency theory ; Harsey and Blanchard’s situational theory ; Managerial Likert’s four systems of leadership. Max. Marks 100 Direct Tax - Law and Practice (1: 1002) Learning Objective: This course aims at making students conversant with the concept of corporate tax Unit I: Unie Ht: Unit 1: Unit IV: Unit Vz planning and also its implications for corporate management. it also aims at the filing of ITR and taxation of international transactions and non-residents. Income Tax Act, 1961 — special provisions relating to assessment of companies only. Introduction to tax management: concept of tax planning, tax avoidance and tax evasion, tax planning for new business-tax planning with reference to location, nature and form of organization of new business, Tax planning for financial management decisions: tax planning relating to capital structure decisions and dividend policy. Filing of retum of Income: Types of ITRs and procedure of their filing. Return of income, compulsory filing return of income, Retum of loss, provision relating to belated return, revised return ete, fee and interest to default in furnishing return of income. Taxation of international transactions and non-residents under the Income tax act, 1961: Specific provisions relating o non residents: double taxation relief transfer pricing and Advance rulings.Max. Marks 100 STATISTICAL ANALYSIS (I- 1003) Learning Objective: To learn the tools of decision making, Forecasting, Planning and teaching the Unit I: Uait it: Unit 1: Unit IV: Unit V: Practical Use of Statistics in Research. Probability Theory: Classical, Relative and subjective probability, Addition and Multiplication Rules, Conditional probability, Baye’s Theorem, Bernoulli’s Theorem and Mathematical Expectation. Theoretical Frequency Distribution: Binomial Distribution, Poisson distribution and ‘Normal Distribution, their Characteristics and Application. Statistical Decision Theory:Decision Environment, Expected Profit Under Uncertainty, Expected Monetary Value, Risk, Decision Tree, Utility Theory. Sampling: Large Sample:Test of Hypothesis in Variables and Attributes-Z. Test Small Samples: Test of Significance in test, F-test, and Z-test Analysis of Variance: One way and Two Way Classification, Design of Experiment, Simulation ; Process of Simulation, Monte Catfo Simulation, Simulation of an Inventory System. Association of Attributes: Two Attributes Only, Chi Square Test Interpolation And Extrapolation : Binominal, Newton and Langrange’s Method. t Mower!Learning Objective: To provide expert knowledge and application of Financit Unit I: nit 1: Unit tv: Unit V: Max. Marks 100 FINANCIAL MANAGEMENT (I- 1004) Management in present business environment, Introduction: Meaning, Nature, Scope and objectives of financial Management; Finance Functions; Time Value of Money; Risk and Return Capital Budgeting Decisions : Nature, Importance and process of Capital Budgeting; Techniques ~ Pay Back Method, Discounted Pay- Back Method ; ARR Method ; NPV Method ; IRR Method ; Terminal Value Method ; Capital Method ; Capital Rati and Risk Analysis in Capital Budgeting Cost of Capital and Financing Decisions:- Cost of Long Term Financing ; Estimation of components of Cost of capital; Methods of calculating cost of Debt, Cost of Preference shares, Cost of Equity, Cost of Retained Eamings, Weighted Average Cost of Capital and Marginal Cost of capital, Theories of capital Structure, Leverage- Measurement and effects on Profit; Determinants of capital Structure. Working Capital Decisions: Concept of working capital; Operating cycle & cash cycles; Risk Return trade off ; Sources of short term Finance ; Working capital Estimation, Dividend Decisions Issues in dividend decisions; Walter's valuation Mode! , Gordon's. Growth Model, Capital Asset Pricing Model, Modigliani and Miller Theory, Cash and stock dividends, Dividend Policy and Determinants of dividend.Max. Marks 100 M.COM. I SEMESTER Indirect Taxes- GST & Custom Law (J: 2001) Learning objective : To provide the expert knowledge of GST and Custom Law. Unit I: Unit H: Unit UH: Unit IV: Unit V: Introduction: Constitutional framework of Indirect Taxes before GST (Taxation Powers of Union & State Government); Major Defeat in the structure of Indirect Taxes prior to GST; Structure of GST (SGST,CGST,UTGST & IGST); GST Council, GST Network, State Compensation Mechanism. Levy and collection of GST: Taxable event- ‘‘Supply”” of Goods and Services; Place of Supply: Within state, Interstate, Import and Export; Time of supply; Valuation for GST- Valuation rules, taxability of reimbursement of expenses; Exemption from GST: Small supplies and Composition Scheme; Classification of Goods and Services: Composite and Mixed Supplies. Input Tax Credit & Value of Supply: Eligible and Ineligible Input Tax Credit Apportionments of Credit and Blocked Credits; Tax Credits in respect of Capital Goods, Recovery of Excess Tax Credit; Availability of Tax Credit in special circumstances; Transfer of Input Credit (Input Service Distribution); Payment of Taxes; Refund; Doctrine of unjust enrichment; TDS, TCS. Reverse Charge Mechanism, fob work, Valuation Procedure. Registrations & Assessment Procedures Registrations, Tax Invoice, Credit and Debit Notes, GST Returns, Audit in GST, Assessment: Self-Assessment, Summary and Scrutiny, Customs Law: Introduction Levy and collection duties: Taxable Events: custom duties Classification and Valuation of Import and Export Goods; Assessment; Abatement and Remission of Duty; Exemptions; Refund and recovery,Max. Marks 100 CORPORATE FINANCIAL ACCOUNTING (1-2002) Learning Objective: To make students understand Advanced Accounting issues and practices. Unit I: Unit I: Unit HI: Unit IV: Unit V: Corporate Restructuring: Accounting Issues relating to Amalgamation and Reconstruction as per Accounting Standards; Merger and Demerger; Accounting in the books of Transferor and Transferee companies, Internal Reconstructions Consolidation of Accounts : Accounting Treatment and Consolidated Financial Statements of Holding companies having more than one subsidiary company, Chain Holdings. Valuation of Intangible Assets : valuation of Goodwill and other intangible Assets Technique and Methods. Corporate Financial Reporting : Various requirements of Corporate Reporting , Value Added Statement, Economic value added, Market value added, share holder's Value added. Inflation Accounting Liquidation of Companies.Max. Marks 100 CORPORATE LAWS AND GOVERNANCE: (1-203) Learning Object: To have a good understanding of recent corporate laws and Corporate Governance Unit: ‘The tnsolveney and Bankruptey Code , 2016 ~ Important definitions . Powers and Tiunetions of Insolvency and Bankruptey Board of India (JBB2). Process of Insolvency and Bankruptey. concept of Information Litility and Insolvency Professionals Resolution Plan . Liquidation Under IBC. Process of Voluntary Winding up under the lusolveney and Bankruptey Code. 2016 Unit 1: ‘The Competition Aet , 2002- Important Definitions and Provisions of the Act the Companies Act , 2013 ~ Procedural Aspects relating to preparation and alteration of Memoranduint of Association and Articles of Association; Appointment and Removal of Directors and Auditors : Meetings of the company- Procedure. Unie IV: Corporate Governance I: Conceptual Framework of Corporate Governance: Prineiples of Corporate Governance: Theories of Corporate Governance: Lexislative and Regulatory Frameworks of Corporate Governance in (nia, . Business ethies Vis-a-vis Corporate Governasice. Corporate Governance H: Codes and Practices in Corporate Governance in India : Best Practices of Corporate Governance : Case studies on corporate Governance in Indian Perspective VER wiMax. Marks 100 ‘M.COM. II SEMESTER OPERATIONS RESEARCH 1 - 3001 Learning Objective: The students should know the Applicability and use of Operations Research in Unit i: Unit Il: Unit 1: Unit IV: Unit V: diverse field, The need for Operation Research in making effective decisions and to classify models frequently used in Operations Research. Introduction : Meaning and Importance of Operations Reserch, Production Planning and Control, Leaming Curve theory : Learning Curve Ratio, Learning Coefficient, Learning Curve Equation , Learning Curve Application. Linear Programming I: Mathematical Forntulation of the Problem, Graphic Solution, ‘Simplex Method — Maximization and Minimization. Linear Programming II: Transportation Problem : [nitial Solution, North West Corner Rule, Least Cost Method, Vogel’s Approximation Metiiod, Optimality Test , Degeneracy, unbalanced Problems. Assignment Problem; Assisgnment Algorithm, Unbalanced Assignment Problem, Maximization Problems, Queuing Theory : Introduction, Benefits, Single Channel Queuing Model. Job Sequeneing : Introduction, Solution of Sequencing Problem, Johnsan’s Algorithm of scheduling n-Jobs on two machines.‘Max. Marks 100 EARCH MI |ODOLOGY (1-3902) Learning objective: To make the student aware of the methodology of research. Unit I: Unit I: Unit HI: Unit IV: Unit V: Understanding Research : Definition, Meaning, Characteristics, Objective and Motivation Research, Types of Research, Research in Decision Making, Role of Research in Various Areas, Limitations of Research. Scientific Methods of Research: Definition, Characteristic and Basis of Scientific Method, Basis of Scientific Method, Components of Scientific Approach, Bias and Prejudice in Scientific Research, Formulating Research Problem and Hypothesis ; Research Process/ Planning Process, Research Problem-Need of Defining, Points to Ponder on Research Problem, Time and Space of Co-ordination, Environment Conditions, Hypothesis Testing, Research Design. Methods of Research : Interview-Definition, Meaning, Type,Advantage and Limitation; Questionnaire-Meaning Purpose, Types, Formulation, Advantage and Disadvantage; Survey- Definitions, Meaning, objective, Characteristics, types, planning, limitation and advantages; Experiment —Meaning, objective, Advantage and Disadvantage; Basic Principles of Experimentation, Experimental Designs. Sealing and Attitudes Measurement Techniques : Attitudes, Attributes and Beliefs, Attitudes Measurement, Scaling Techniques, Types of Scales, Selection of an ‘Approximate Scale, Limitations of Attitudes Measurement Seales. Data Presentation Processing and Analysis: Editing, Coding, Classification, Tabulation, Analysis and Interpretation of Data.Max. Marks 100 STRATEGIC MANAGEMENT: I 3003 Learning Objective: To enhance decision making abilities of students with situation of a dynamic Unit I: Unit I: Unit 1: Unit Iv: Unit Vr business environment, Introduction to strategic Management Introduction, Concept, Importance & Nature of Strategic Management, Strategic Evaluation and Control Process, Strategic Planning Process. Issue in Strategic Evaluation and Control Process. Issue in Strategic Decision- Making Strategic Management in Different Functions of Management. Organization’s Vision and Mission, Goals and objective. Value & Ethics. Data Vs, Information, Corporate Level Strategies «Concept and Significance. Strategy vs. synergy, Strategic Jevels in Organization, Need and types : Stability strategies, Diversification strategies, Retrenchment strategies, Turnaround strategies, Divestment strategies, Business level strategies, Functional Strategies : Need & Types of Functional Strategy- Human Resource Strategy, Marketing Strategy, Production Strategy, R & D Strategy, Strategic Alliance , Mergers & Acquisitions Environmental Seanning and Appraisal Intemal and External Environment , Environmental Scanning, Environmental Analysis, Environmental Appraisal. Strategic Choices & Implementations. ‘Model for Strategie Analysis :Me Kinsey 7s Model, The Emerging Theory of Manufacturing, Michael Porter's Model for Industry Analysis, Value Chain Approach , BCG Matrix, GE Model, PIMS Model, SWOT Analysis. A MoweMax. Marks 100 Project based Viva Voce (I: 3004) Students will select a topic of his/her choice to prepare a project report which will be submitted by the student to the Department/College before Hird semester examination. This project report in to be evaluated by a board of examiners appointed by the University, consisting of one internal and one external examiner. The board of examiners will conduct the Viva-Voce based on the project report of the student. outUnit I: Unit Unit HI: Unit £V: Max, Marks 100 M.COM. iV SEMESTER MANAGERIAL ECONOMICS (I- 4001) This course develops managerial perspective to economic fundamentals as aid to decision making under given environmental constraints. Introduction: Nature and scope of managerial economics, Fundamental economic concepts-incremental principle, Opportunity cost principle, Discounting principle, Objectives of a firm, Economic theory and managerial theory, Demand and the Firm : Consumer Behaviour - Cardinal and Ordinal approaches, Indifference approach, Equi-marginal Principte, Revealed preference approach, Consumer's Equilibrium, Demand for consumer durables, Demand forecasting techniques. Production and Cost : Production-Law of variable proportion, Retums to scale. Production function, Producer's Equilibrium, Isoquants, Isocost. Cost function: Classification of costs, Short run cost functions, Relationship between return to scale and return to a factor, long run cost functions. Market and Pricing : Characteristics of different market structures, Price determination and firm’s equilibrium in short-run and long-run under perfect competition Monopolisti competition, Oligopoly and monopoly. Pricing practices, Price discrimination, International price discrimination and dumping, Transfer pricing. Business eycle : Nature and phases of a business cycle, Theories of business cycle- Cobweb, Samuelson and Hicks theories.Max. Marks 100 SECURITIES ANALYSIS & PORTFOLIO MANAGEMENT (I- 4002) Learning objective: Student should have an expert knowledge of securities analysis and portfolio Unit I: Unit IV: Unit V: ‘management. Introduction: Nature and scope of investment analysis, elements of investment, avenues of investment, approaches (0 investment analysis, concept of return and risk, ‘measurement of return and risk. Financial assets: types and their characteristies, sources of financial information. New Financial Instruments. Valuation of Securities: Bonds, debentures, preference shares and equity shares, fundamenta! anatysis- Economic analysis, industry analysis and company analysis. Technical Analysis: trends, indicators, indices and moving averages applied to technical analysis. Efficient market hypothesis: weak, semi-strong and strong market and its testing techniques. Portfolio Analysis : estimating rate of retum and standard deviation of portfolio, effect of combining the securities, Markowitz risk-return optimization, single index model or market model, portfolio total risk, portfolio market risk and unique risk,. Simple Sharpe’s optimization solution. Portfolio Performance Evaluation: Measure of return, risk adjusted measure of return. market timing, evaluation criteria and procedures, Portfolio diversification.Max. Marks 100 SECURITIES LAWS & CAPITAL MARKETS (1- 4003) ‘Learning objective: To make the learners aware of the prevailing Securities laws and have an Unit f: Unit tt: Unie I: Unit V understanding of Indian capital market. Securities Contracts(Regulations)Act 1956 : Objectives of the Act, Important Definitions, Provisions relating to Public issue and listing of securities. Securities and Exehange Board of India Aet, 1992: Objectives, powers and functions of SEBI; Securities Appellate Tribunal; Penalties and Appeals. Depositories Act, 1996: Gijectives and important provisions of the Act; Dematerialization & Re-materialisation; Depository Process. Primary Capital Market : Important instruments and intermediaries, capital Market Investors-Domestic Financial Institutions(DFI), Qualified Institutional Buyers(QIB), Foreign Portfolio Investors(FPI), Private Equity, Angel Funds, High Net Worth Individuals, Venture Capital, Pension Funds, Alternative Investment Funds, Capital Market Instruments- Equities, Preference Shares, Shares with Differential Voting Rights, Corporate Debt, Foreign Currency Exchangeable Bonds (FCEB), Indian Depository Receipts (IDR), Derivatives and Warrants. Aspect of Primary Market-Book Building, Green Shoe Option. Secondary Capital Market : Development of Stock Market in India, Stock Market and its operations, Trading Mechanism, Basis of Sensex and Nifty, Surveillance Mechanism, Risk management in secondary market.Max. Marks 100 ING MANAGEMENT I- 4004 Learning Objective: The objective of this course is to facilitate the understanding of the conceptual Unit I: Unit Hs Unit I: Unit IV: Unit V: framework of marketing and its application in decision making under various environmental constraints. Introduetion: Nature and Scope of marketing, Core Concepts, Marketing environment - ‘macro and micro components and their impact on marketing decisions, Buyer behavior and factors affecting buyer behavior, Consumer buying decision process, industrial buying decision process. Market segmentation, targeting and positioning, Product and Pricing decision : Concept and Classification of product, Product mix Major product decisions- branding, packaging, labeling, New product development, product life eycle.Pricing: pricing adjectives, factors affecting pricing, pricing strategies: Distribution(Place) and Promotion decision : Concept of Channels of Distribution , Functions and types of distribution channels, Channel management decisions, Distribution logistics, channel integration. Promotion: Concept of Integrated marketing communication, promotion mix- Advertising, Personal selling, Sales promotion, Publicity and public relatio Marketing Planning, Organization and control: marketing planning process, methods of organizing marketing department, Ethical and legal aspects of marketing, marketing. audit and marketing control. Trends in marketing: Social marketing, marketing of services, Green marketing digital marketing, customer relationship marketing, rural marketing and other emerging trends in marketing.‘Max. Marks 100 International Marketing (1- 4005) Learning Objective: ‘The objective of this course is to make the students understand the conceptual framework of international business and familiarize them with trends and developments in the international arena. Unit I: Unit It: Unit 111: Unit IV: Unit V: Introduction to international marketing: Nature and Importance of international marketing, Transition from domestic to international marketing, Modes of entry in international markets, International market orientation-EPRG framework, Characteristics of MNCs, International Product life cycle. International marketing environment: Internal environment, Extemal environment: geographical, Demographic, Economic, Socio-cultural, Political and legal environment. Business culture around the world, marketing strategy adaptations. International marketing planning: international market seiection, international marketing research. International Organizing and conteal: issues in international marketing planning, International marketing information system, Organizing and controlling, International marketing operations. International marketing Mix Decisions: Product decisions : Product planning for global markets, Standardization ys. product adaptation, New product development, Management of international brands, Packaging and labeling Pricing decisions: Intemational pricing policies and strategies. Promotion decisions: International advertising, Personal selling, Sales promotion and public relations. Distribution channels and logisties: functions and types of channels, Channel selection decision, international logistics decisions, Emerging issues and developments in international marketing: ethical and social issues in international marketing , information technology and international marketing, Development and scope of international law: and regional economic groupings.‘Max. Marks 100 Human Resource Management (1- 4006 Learning Objective: To Provide expert knowledge of principles and practices of Human Resource Unit I: Mm: Unit IV: Unit Ve Management required for management of business organizations. Introduction: Concepts and evolution of Human resource management, Human resource martagement functions, Human resource management in dynamic environment. Human Resource Planning :-Concept, Process of Human resource Planning, Forecasts- demand analysis, Quantitative and Qualitative aspects of Human resource planning, Concept of Job analysis and Job description. Recruitment and selection:- Process and policies, Induction and Placement. Human Resource Training and Development : Identification of training needs, Learning Principles of Training, Types of Training, Training Methods Executive Development Programmes, Training vs Development, Carrer planning and suocession planning. ‘Compensation Management : Nature of employee benefits-statutory and customary, Wage plans and policies, Profit sharing and incentive plan, Compensation package and terminal benefits, Impact of compensation and Employees benefits and Organizational effectiveness, Employee benefit programmes. Performance Appraisal : Concept, Process of Performance Appraisal, Methods and Limitations, Performance Appraisal Practices in India. Human Resource Organisation: Line and staff relationship, Morale and Productivity, Creating conductive work environment =Learning Objectiv Unit I: Unit Unit U Unit IV: Unit V: ‘Max. Marks 100 INDUSTRIAL RELATIONS & LABOUR LAWS (I-4007) To Provide conceptual frame work of Industrial Relation, To make Student aware with the Indian Labour legislation and To make students aware with the basic requirement and mandate of labour legislations, Structure and Evolution of Industrial Relations: Concept, Nature and models of IR: Major contemporary developments in global economy and its impact on industrial relations scenario in India, Trade Unionism, Negotiations and Collective bargaining: Concept of ‘Trade unionism , Development of trade unionism, Functions, Types and structure, Problem and Suggestive remedial measures of trade unions. Collective bargaining: Nature and factions; Types of bargaining; Collective bargai in the Indian context; Negotating a collective bargaining agreement. Industrial conflict & disputes Resolutions - Concept , forms of Industrial conflicts, Dynamics of conflicts and collaborations, Trends in industrial conflict Nature, Causes, and Types of Industrial disputes. Industrial disputes : preventive machinary Industrial disputes : settlement machinary Factories Act, 1948 and the Employee’s compensation Act, 1948, Important provisions ‘Trade Union Act 1926 and the Industrial Disputes Act,1947, Important provisions