Maulana Azad National Urdu University

Course Name: M.Com Semester: - I

Course: Title: Management Theory and Course Code: MMCM101CCT
Organizational Behavior
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To explain the various concepts of management
• To gain an in-depth understanding of human behavior in the workplace from an individual,
group, and organizational perspective.
Learning Outcomes:
• The student is able to understand the concept of management & organization.
• The student is able to understand individual, group & organizational behavior.

Unit -I Introduction:
Organization- definition meaning and nature of organizations. Types of organizations, management-
definition, nature and scope of management. Difference between administration and management.
Management as an art and science. Functions of management- planning, organizing, staffing,
directing and controlling. Henry Fayol’s 14 principles of Management. Organisational Behaviour:
Concept, Meaning, Definition, Objectives, Importance, Limitations of OB, Interdisciplinary approach
to Organizational Behavior.

UNIT- II Planning and Organizing:

Meaning Definition and Nature of planning. Planning process, Types of plans. Management by
objective. Decision making, types of decisions, group decision making techniques: Brain storming,
Delphi, Nominal group techniques. Meaning nature and definition of organizing. Authority and
responsibility, delegation of authority and its benefits, decentralization-concept and meaning of
decentralization. Difference between delegation and decentralization, span of management, line
and staff functionaries. Departmentation.

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UNIT- III Directing and Controlling:

Motivation meaning and definitions, theories of motivation, positive and negative motivation,
theories of motivation, leadership, meaning, difference between a leader and a manager, theories
of leadership, leadership styles. Characteristics of an effective leader. Controlling; meaning
definitions and nature of controlling, controlling process, types of controlling- pre control, concurrent
control, and post control techniques. Requirements for a good control system.

UNIT -IV : Organizational Conflict ,Climate ,Culture Change and Development:

Concept of Conflict , Positive and Negative Aspects of Conflict, Individual level Conflict, Goal
Conflict , Role Conflict, Interpersonal, Group level Conflict, Organizational level Conflict ,Conflict
Management. Organizational Climate and Culture: Organizational Climate: Concept of
Organizational Climate, Developing a sound organizational Climate, Participation and
organizational Climate, Participation of Indian organizations , Morale , Organizational Culture, Socio
– Cultural Features of India and their Impact. Organizational Change and Development:Concept-
Objectives- Reasons for organisational Change- Resistance to change- Measures to overcome
Change- Stress management: Definition, Causes, Consequences Managing Stress, Stress as a
motivator-Positive and Negative Stress- -Organizational Development: Concept-Process-
Techniques of OD.

Suggested readings:

1. Cook, Curtis, Phillip Hunsaker and Robert Coffey, Management and Organisation Behaviour,
McGraw Hill Co., New York, 2000.2. Ivancevich, John and Michael T. Matheson, Organisational
Behaviour andManagement, Business Publication Inc., Texas.
3. Koontz, Harold, Cyril ‘O’ Donnell, And Heinz Weihrich, Essentials of Management,Fourth
Edition, McGraw-Hill, Singapore.
4. Sharma, R.A., Organizational Theory and Behaviour, Tata McGraw -Hill, New Delhi.
5.Ramasamy.T. - Principles Of Management, Himalaya Publishing House, New Delhi, 2000.
6. Reddy, Tripathi & Appannaih - Essentials Of Management, Himalaya Publishing, 2000.
7. Srinivasan & Chunawalla - Management Principles and Practice, Himalaya Publishing House,
2004.

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Course Name: M.Com Semester - I

Course Title: MANAGERIAL ACCOUNTING Course Code: MMCM102CCT
Scheme of Examination Scheme of Instruction
Maximum: 100 marks Total Duration: 60 Hrs.
Internal Evaluation: 30 Periods/week: 3+1 L/t
End/ Ext Examinations: 70 Credits: 4
Exam Duration: 3 Hours Instruction Mode: Lecture + tutorial

Course Objective:
• To understand the basic concepts of management accounting.
• To know various tools of accounting for decision making.
• To develop analytical abilities to face the business situations.

Learning Outcomes:
• The student is able to understand the concept , tools and techniques of Managerial
Accounting and is able to differentiate between the relevance of various tecniques.

Unit – I : Management Accounting: Meaning and Definition-Nature and Scope – Difference

between Management Accounting and Financial Accounting –Management Accounting and
Cost Accounting – Role of Management Accounting – Organization of Management Accounting
system – (Theory)

Unit – II : Cost Analysis for Decision Making : Elements and classification of cost - Managerial
uses of cost accounting Marginal costing and CVP analysis, Meaning and Objectives -
Differential costing and managerial decision making – Selection of Product mix, Make or Bu
Decisions Profit Planning-Alternative methods of production (Including Problems).

Unit- III : Funds Flow Statement and Analysis: Meaning and Significance of funds flow –
Distinction between funds and cash – Assumptions – Preparation of funds flow statements-Cash
flow statement (Including Problems)

Unit –IV : Budgetary Control & : Standard Costing : Meaning and Significance – Need and
Limitations– Organizational requirements of Budgetary control – Preparation of Budgets: Master,
Partial and Flexible budgets – functional budgets: Sales budgets, Cash budgets,Purcahse
budgets – (Including Problems)Standard Costing : Meaning, Need, Advantages, Limitations-
Distinction between Budgetary control and standard costing – Variance analysis:
Material,Labour,Overhead,Sales variances.(Including Problems).

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Suggested Readings:

1. S.N.Maheswari,Priciples of Management Accounting, Sultan Chand & Sons,New Delhi.

2. Khan and Jain,Management Accounting; Tata McGraw Hill,New Delhi.
3. Sharma and Gupta; Management Accounting,Kalyani Publishers
4. SP Jain and KL Narang, Cost Accounitng; Kalyani Publications,New Delhi.
5. Lal Nigam,Advanced Cost Accounting,Himalaya Publishing House,New Delhi.
6. Introduction to Management Accounting - Horngreen and Sundlem.

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Course Name: M.Com Semester - I

Course Title: BUSINESS ENVIRONMENT Course Code: MMCM103CCT
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To introduce a systematic understanding of business environment
• To introduce various Environmental issues in business Management.

Learning Outcomes:
• The student is able to understand the concept Business & Business Environment and its various
sub-systems

UNIT-I: Introduction to Business & Business Environment: Concepts-Meaning-Definitions of

Business-Traditional and Modern Characteristics of Business- Objectives of Business-
Organic Objectives-Economic Objectives-Social Objectives- Human Objectives – National
Objectives. Business Environment: Concept of Business Environment-Meaning and
Definitions of Business Environment-Nature and Scope of Business Environment-
Importance of Business Environment-Limitations of Business Environment- Factors
Influencing the Business Decisions of the Business Firm – Environmental Scanning-Process
of Scanning.

UNIT-II: Economic Environment: Concept of Economic Environment-Economic Systems-Capitalism-

Socialism –Mixed Economy- Features and Merits and Demerits of the respective systems-
Economic Planning in India-Objectives and limitations of Planning-Economic Policies-
Industrial Policy(Latest)-Monetary Policy-Fiscal Policy-Exim Policy of India.

UNIT-III: Political, Social and Cultural Environment: Concept and Meaning of Political Environment-
Political Institutions –Legislature-Executive-Judiciary- impact of political Environment of
Business Decisions-Social and Cultural factors influencing the Business Decisions-Social
Responsibility of Business-Impact of Social Responsibility on Business-Business Ethics and
Corporate Governance.

UNIT-IV: Technological and International Environment: Concept of Technological Environment-

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Features-Impact of Technological Environment-Technology and Society-Restrictions on

Technological Growth – International Environment: Concept-Multinational Corporation-
Growth-Problems-Foreign Direct Investment- role of FDI in India-International Economic
institutions-World Bank-IMF-WTO- their impact on Business Decisions.

References/Suggested Readings:

1. Francis Cherunillam
: “Business Environment”-Himalaya Publishers,Mumbai
: Essential of Business Environment, Himalaya Publishers,
2. K.Aswathappa Mumbai
: Economic Environment of Business, Sultan Chand &Sons,
3. Adhikary.M Delhi
4. Sundarm and Dutt : Indian Economy, Sultan Chand & Sons, Delhi.
: Business Environment,-Text and Cases, McGrawhill
5. Justin Paul Publications
6. Sengupta : Government and Business, Vikas Publishing House, Delhi.

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Course Name: M.Com Semester - I

Course Title:QUANTITATIVE Course Code: MMCM104CCT
TECHNIQUES Scheme of Examination
Scheme of Instruction Maximum: 100 marks
Total Duration: 60 Hrs. Internal Evaluation: 30
Periods/week: 3+1 L/t End/ Ext Examinations: 70
Credits: 4 Exam Duration: 3 Hours
Instruction Mode: Lecture + tutorial
Course Objective:
• To understand role of quantitative techniques in managerial decision making.
• To understand applications of various quantitative techniques in managerial settings.

Learning Outcomes:
• The student is able to judge between the use and relevance of the various statistical /
quantitative techniques and their applications in Business Decision making

UNIT-I: Quantitative Techniques & Statistics for Business: Measuring Classification of Q.T:
statistical techniques Programming and operations research techniques Role of Q.T in Business
& Industry limitations of Q.T. Statistics for Business: Meaning, Characterization of Statistics,
Importance & Limitations of Statistics, Measures of Central tendency; Mean, Median, Mode,
Measures of Central Trendy; Mean, Median, Mode. Measure of Dispersion: Range, Quintile
deviation: correlation and regressions.

UNIT-II: Probability: Basic terminology in probability types of probability, Bays therein,

Probability distributions; Binomial Poisson and Normal distribution. Sampling theory, methods of
Sampling.

UNIT-III: Testing Hypothesis: Hypothesis testing procedure, large sample and small sample
test, chi-square analysis, Analysis of Variance.

UNIT-IV: Decision Theory: Decision Trees, utility theory for decision making, Game theory:
Types of Game, value of the game, Saddle point, Methods for determining the value of the Game
Limitations of Game Theory.

References:

1. Quantitative Techniques in Management by N.D.Vohra Publisher – Tata MC Graw hill

New Delhi.
2. Quantitative techniques for Decision Making by Anand Sharma Publisher-Himalaya
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Publishing House.
3. Quantitave Techniques by C.R.Kothari Publisher-Vikas Publishing House.
4. Statistics for Management by Richard I, Levin
5. Statistics- Theory methods & Applications by D.C Sachet and V.K.Kapoor Publisher:
Sultan Chand & Sons.

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Course Name: M.Com Semester - I

Course Title: PRINCIPLES & PRACTICES OF AUDITING Course Code: MMCM101DST
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To Familiarize the students with the important task of Auditing and corporate Governance.
• To Familiarize the students with the Audit trail and procedures

Learning Outcomes:
• The Student is able to understand concept of auditing , scope ,powers and qualifications of
Auditors
• The student is able to apply the audit procedures and integrate these with the Accounting
process

PRINCIPLES & PRACTICES OF AUDITING

UNIT - I : Introduction to Auditing Auditing: Meaning-Definition-Evolution-Objectives-importance.

Types of audit: Based on ownership (Proprietorship, Partnership, Companies, Trusts, Cooperative
Societies. Government Departments) - Based on time (Interim, Final, Continuous, Balance Sheet)-
Based on objectives (Independent, Financial, Internal, Cost, Tax. Government, Secretarial).

UNIT - II: Planning of Audit and Control Auditor: Qualifications and disqualifications - Qualities -
Appointment and Reappointment -Remuneration - Removal - Rights - Duties - Liabilities. Audit
planning: - Engagement letter - Audit programme -Audit note book -Audit papers -Audit work book
- Audit contents - Audit markings - Internal check- Internal control -(Sales-Purchases-Fixed assets-
Cash Bank-Pay Roll) -Accounting controls and Sampling in audit. (Lab Work: Preparation of Audit
programme for an organization.)

UNIT - III : Vouching and Audit of Financial Statements Vouching: Meaning- Vouching of cash and
trading transactions - Investigation, Verification and Valuation of assets and liabilities Differences
between vouching, investigation, verification and valuation. Audit of Financial Statements: Receipts
- Payments - Sales -Purchases - Fixed assets - Investments -Personal ledger- Inventories - Capital
and Reserves -Other assets - Other liabilities. (Lab Work: Vouching of cash book of a local business
unit.)

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UNIT - IV : Audit of Institutions Audit of institutions: Partnership - Manufacturing and Other

Companies -Non-trading concerns. Audit Report: Contents - Preparation of audit report- Fair report
- Qualified report. Lab Work: Collection of Model Audit Reports from Local Auditor and Preparation
of similar reports.

Suggested Readings :
1. Practical Auditing (Himalaya Publication) : R.G. Saxena
2. Contemporary Auditing : Kamal Gupta
3. Auditing : N.D. Kapoor
4. Practical Auditing : T.N. Randon
5. Auditing : Dinkar Pagare
6. Fundamentals of Auditing : Kamal Gupta and Ashok Gupta
7. Auditing Principles & Practice : Kumar Sharma, PHI

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Course Name: M.Com Semester - I

Course Title: COMMUNICATIVE ENGLISH (AECC) Course Code: MMCM101AET
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:

Learning Outcomes:

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Course Name: M.Com Semester - II

Course Title: ADVANCED FINANCIAL Course Code: MMCM201CCT
ACCOUNTING
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To understand the basic concepts of financial accounting.
• To know various tools of financial accounting for decision making.

Learning Outcomes:
• The student is able to prepare the Financial statements of Firms ,and various types of
corporations
• The Students is able to make judicious use of various Financial analyses
Unit1: Financial statement and financial analysis
The cash flow statement, financial flow statement, cash vs. profit, the structure of cash flow
statement, link between three accounting statement, profit and loss account and balance sheet.

Unit 2: Financial Statements- Company

Introduction-types of control; legal definition; preparation of accounts; financial year of holding
company and its subsidiary rules of preparation of consolidated balance sheet; investment in
subsidiary company ;minority interest ;cost of control; good will or reserve.

Unit3: Partnerships: Formation, Operations and Termination

partnership versus the corporate form of business, articles of partnership , Prepare the journal entry
, bonus method , goodwill method ,maintenance of capital account, preparation of final account,
admission of partner, retirement of partner, death of partner, dissolution of a firm.

Unit 4: Final account of life insurance & general insurance

Meaning-insurance term; premium ; consideration for annuities granted ; policies becoming ; claim
re-insurance ; bonus ;cash bonus ;bonus in reduction of premium ; reversionary bonus ; valuation
preparation of revenue a/c in form A. general insurance revenue account for fire and marine –
treatment reserve and provision ; preparation of profit and loss account in form B, form C-preparation
of balance sheet.

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Course Name: M.Com Semester - II

Course Title: Marketing Management Course Code: MMCM202CCT
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To introduce the concept of Marketing Mix as a framework for Marketing Decision making.
• To emphasize the need, importance and process of Marketing Planning and Control
Learning Outcomes:
• The Student is able to understand the marketing concepts and the Marketing environment as
well as the consumer behavior process

UNIT-I Marketing:
Concept importance of Marketing, evolution of marketing concepts. Marketing-Mix, The marketing
environments, Marketing Challenges in the new Millennium. Process of Marketing managements,
Strategic Marketing Planning, Segregation, Targeting, Positioning International Marketing, Cyber
Marketing ethics and social responsibility.

UNIT-II: Product and Price: Concept of Product classification of Product Individual Product
decisions, Product line decisions product Mir decisions, Product life cycle New product
development. Pricing: significance of pricing objectives, Pricing Procedure, Pricing Strategies.

UNIT-III: Promotion and Distribution: Marketing communication, Promotion-Mix: Advertising

Personal selling, sales promotion, Publicity, Public relations, Nature and Importance of Marketing
Channels, Channel Levels, Managing retailer’s whole sellers and Market Logistics.

UNIT-IV: Consumer Behavior: Consumer Behavior & Industrial buyer of services source
Marketing Growth and importance of Services in India, Rural Marketing in India-an overview.

References: Marketing – An Introductory text-by Martin Christopher and Malcolm Mc Donald

Macmillan Press Ltd.
Marketing = An Introductory by Gary Armstrong and Philip Kortler 6 th edition Publisher Pearson
education Inc.
Principles of Marketing by Kotlar&Armstong 11 th edition Published by Pearson Inc.
Marketing Management by Kotler&Kellar 12 th edition-Pearson education Inc.
Marketing Management by V.S.Ramaswamy and S.Nama
Course Name: M.Com Semester - II
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Course Title: HUMAN RESOURCE Course Code: MMCM203CCT

MANAGEMENT
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To understand the role of HRM in an organization
• To learn to gain competitive advantage through people
• To learn to study and design HRM system3 To sensitize the students to the dynamic nature of
Marketing Function
Learning Outcomes:
• The student understands the significance of the Human Resource function and its significance
to Industrial relations
UNIT-I: Introduction to Human Resource Management:
Nature and Scope, Objectives and Functions of HRM. Role and responsibility of Human Resource
Manager, Concept of International HRM and Strategic HRM, Contemporary issues and Challenges
faced by HRM.

UNIT-II: Human Resource Planning & Development :

Meaning, Process of HRP, Job analysis, job evaluation, Job description, job specifications, Methods
of Recruitment-Selection, Concept of Induction-Placement-Promotions-Succession planning, HRIS.
Meaning and Importance of HRD, Training: Objectives, Methods of Training, Career Planning and
Development-Performance Appraisal: Techniques, of Performance Appraisal, Organizational
Development.

UNIT-III: Compensation and Welfare Measures:

Wages and salary administration, Quality of work life, Quality circles, Health and safety measures:
P.F.,ESI Schemes, Absenteeism, Employee turnover, Employee Retention and Performance
Management.

UNIT-IV: Management of Industrial Relations:

Objectives and Importance of Industrial Relations- Prevention and Settlement of Industrial Disputes-
Grievance Redressal, Trade Unions: Evolution and responsibilities, Collective Bargaining and
worker’s participation in Management.

Course Name: M.Com Semester - II

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Course Title: MANAGERIAL ECONOMICS Course Code: MMCM204CCT

Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To equip the students of management with time tested tools and techniques of managerial
economics to enable them to appreciate its relevance in decision making.
• To explore the economics of information and network industries and to equip students with
an understanding of how economics affect the business strategy of companies in these
industries.
• To develop economic way of thinking in dealing with practical business problems and
challenges
Learning Outcomes:
• The student is able to understand both the Micro economic theory and major macroeconomic
phenomena
• The student is able to apply micro economic tools for Managerial Decisions
UNIT-I: Introduction to Managerial Economics:
Nature and Scope, Fundamental Concepts: Incremental reasoning, Concept of Time perspective,
Discounting Principle, Opportunity Cost, Equi -marginal Concept, Theory of firm: Objectives
Constraints, Limitations, Role of Managerial Economics in decision making.

UNIT-II: Demand Analysis and Forecasting:

Concepts of Demand, Supply, Determinants of Demand and Supply, Demand Analysis, Elasticities
of Demand and Supply, Demand Estimation, Methods of Demand forecasting for established and
new products.

UNIT-III: Cost , Production & Theory of Pricing : Concept and types of Cost, Cost-Output
relationships, Cost Estimation, Reduction and Control, Economies and Diseconomies of scale, Law
of variable proportions, Returns to Scale, Isoquants, Cobb-Douglas and CES Production functions,
Break –even Analysis. Theory of Pricing: Price determination under perfect competition,
Monopoly, Oligopoly and Monopolistic competitions, Equilibrium of the Firm and Industry, Theory of
Profit maximization, Game theory basics, dominant strategy, Nash Equilibrium and Cooperative and
Non-cooperative Games.
UNIT-IV: Macro Economics and Business cycles: Concept, Nature and Measurement of National
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Income, Inflation: Types, Causes and measurement of inflation. Philips curve, Stagflation, Business
cycles: Policies to counter Business cycles.

Suggested Readings:

1. Mehta P.L. : Mangerial Economics, Sultan Chand & Sons 2001.

2. H.Craig Peterson, W.Cris Lewis : Managerial Economics, PHI -1994
3. Gupta G.S. : Managerial Economics, TMH -1988
4. Varshney,R.L. & Maheshwari, K.L. :Mangerial Economics, Sultan Chand & Sons 2002
5. Dawett K K : Modern Economic Theory Sultan Chand & Sons.
7. Dwivedi D.N. :Managerial Economics 7th Ed Vikas Publishing.
8. Rangarajan and Dholkia : Macroeconomics, TMH.
9. Hirshey : Economics for Mangers, Cengage Learning 2008
10. Mithani. D.M. : Managerial Economics, HPH - 2008.

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Course Name: M.Com Semester - II

Course Title: PRINCIPLES PRACTICE OF Course Code: MMCM201DST
INSURANCE Scheme of Examination
Scheme of Instruction Maximum: 100 marks
Total Duration: 60 Hrs. Internal Evaluation: 30
Periods/week: 3+1 L/t End/ Ext Examinations: 70
Credits: 4 Exam Duration: 3 Hours
Instruction Mode: Lecture + tutorial
Course Objective:
• To understand the various operations involved in managing insurance.
• To understand the pricing, financing and risk diversification strategies of insurance companies.
Learning Outcomes:
• The student is able to understand the nature of Insurance and Insurance Sector Regulatory
framework.

UNIT-I :Concept of Insurance: -

Purpose and Need of Insurance – Working of Insurance - The Business of Insurance – Pooling of
& Resources.- Insurance as a Social Security Tool - Role of Insurance in Economic Development.
Types of Insurance – Life Insurance and General Insurance Products including unit linked plans
– Re-Insurance – Nature of Re-Insurance risk – Legal framework of life and general insurance Bank
insurance- concepts – critical issues – functional aspects – Indian Scenario – Future Prospects –
Insurance Accounting – Financial Analysis and valuations- Solvency and performance measures.

UNIT-II :
Life insurance policy - application & acceptance - prospectus, proposal forms & other related
documents, age proof, special reports policy document - operative clauses, proviso, schedule,
attestation, conditions & privileges, alteration, forfeiture options, lapse and revival schemes,
pensions & annuities, actuarial applications, assignment nomination – loans - surrenders -
foreclosure - married women`s property act policy, calculations

UNIT-III:
Policy claims, maturity claims, survival benefit payments, death claims, waiver of evidence of title,
early claims, claim concession, presumption of death, acident benefit and disability benefit,
settlement options, valuations and bonus, distribution of surplus, types of re-insurance, exchange
control regulations, payment of premia, payment of claims etc., assignment in favor of non-
residents.
UNIT-IV:
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Insurance Act 1938, Insurance Regulatory and Development Authority Act 1999, Important
Amendments, The Insurance (Amendment) Act 2002. Commission Brokerage or Fee to
Intermediary or Insurance Intermediary, General Insurance Business (Nationalization) Amendment
Act, 2002. IRDA Regulations 2002, Contents of a General Insurance Policy Consumer Protection
(Amendment) Act 2002, Ombudsman, Recommendations.

Suggested Books:
1. Principles & Practice Of Life Insurance: Krishnaswamy
2. Insurance Management : Principles and PracticesM.C. B.S. Garg Bodla K. Pal, Mahesh
Chand Garg - 2007
3. Banking and Insurance: Principles and Practices Neelam C. Gulati - 2011
4. Principles of Risk Management and Insurance: George E. Rejda – 2011
5. Theory and Practice of Insurance: J. Francois Outreville – 1998
6. Insurance Principles And Practice: M.N. Mishra & S. B. Mishra - 2008

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Course Name: M.Com Semester - III

Course Title: INFORMATION TECHNOLOGY Course Code: PGCS201SET
FOR BUSINESS
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To learn Information technology and their components types and its applications
• To learn Emerging Technologies useful for an entrepreneur
• To have hands on experience on various software tools IN MS OFFICE like Excel used
by the organization.

Learning Outcomes:
• The students are able to use the computers in their functional areas
UNIT-I: Computer Concepts and Applications:
Introduction to Information Technology, Scope of IT in business, Categories of Machines, Servers,
How Computers work, Hard ware-Input Hardware Processing and Memory Hardware, Storage
Hardware, Output hard ware, Software-System software, Application Software, History Input-Output
devices, how the processor or CPU works- Control unit, ALU and Registers – How memory works
– RAM, ROM, Flash, Floppy Disks, Hard disks, Optical Disks, Magnetic Tapes, Smartcards, Flash
Memory Cards

UNIT-II: Introduction to Software Programming Concepts and Tools :

Introduction to Software: System Software- components of System software-The operating system,

what it does-Booting, User interface, CPU Management, File Management, Task Management-
Multitasking,Multiprogramming,Timesharing,Multiprocessing,Formating,
System software-Device Drivers and Utility Programs, Desktop and Laptop. Operating Systems-
DOS, Network operating systems, windows versions, UNIX, Linux. Programming Concepts and
Tools: : Programming Concepts and tools:-Introduction to Programming Concepts-Programming:
Five step programming, Design the program, code the program, test the program, Document and
maintain the program, Five generations of programming languages, Programming languages used
today, Pseudo Code.

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UNIT-III: Application of IT in functional Areas:

IT and Marketing, IT and Finance, IT and Operational Management, IT and Human Resource
Management, Enterprise Systems, Knowledge Management

UNIT-IV: Data Communication, Networks and Internet Concepts:

Data Communication, Networks and Internet Concepts: Benefits of Networks, Types of networks,
Types of LAN, Components of LAN, Topology of LAN, Analog and Digital signal. Internet Concepts-
The internet and World Wide Web, Sending and Receiving E-mail, Search Engines, Other Internet
Resources-FTP, Telnet, E-Commerce. Network and internet security issues, Extranet and Intranet.

Suggested Readings:
1. Alexis Leon & Mathew Loen: Introduction to Computers with MS-OFFICE-2000, TMH, -2001.
2. Williams/Sawyer: Using Information Technology
3. Peter Norton: Introduction to Computers
4. Introduction to Information Technology – Breaking Wave
5. Morley, D. and Parker, C. S., Understanding Computers: Today and Tomorrow, ed xi,
2007,Thomson Learning.

Course Name: M.Com Semester - III

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Course Title: RESEARCH METHODOLOGY Course Code: MMCM301CCT

Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To understand the concept and process of business research

Learning Outcomes:

• The students are able to understand the various types of research

• The students are able to judge as to which tool or method of research is relevant to a
particular situation

UNIT-I :- Introduction to Business Research: Meaning, Scope, Role of Business Research,

Objectives of Business Research, Ethics of Research, Types of Business Research, Scientific
Method, Stages of Research Process.

UNIT-II:-Research Design : Formulation of Business Research Problem, Problem identification,

Literature Survey, Research Design, Types of Research Design, Exploratory Research, Descriptive
Research, Casual Research.

UNIT III:- Sampling Technique & Data Collection: Methods & Forms: Sampling Procedure,
Types of Samples, Sample Size determination, Measurement & Scaling Techniques, Types of
Scales, Attitude Measuring Scales, Reliability & Validity of Scales.Data Collection: Methods &
Forms :Primary Data, Sources, Merits & Demerits of Primary Data; Secondary data, Sources Merits
& Demerits, Questionnaire Design, Questionnaire Types.

UNIT IV:- Data Analysis Presentation of Data & Report Writing: Analysis of Date Using various
Quantitative Techniques, Editing, Coding, Classification and Tabulation. Types of Reports, Stages
in Preparation of Report, Characteristics of good Report, Structure of Report.

Suggested Readings:
Department of Commerce-Syllabus –Mcom-2017 Page 21
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1. William G Zikmund : Business Research Methods 7th Edition Cengage Learning.

2.Tull Donald and Hawkins : Marketing Research, PHI.
: Research Methods for Business students, Pearson Adrian
3. Mark Saunders, Philip Lewis Thornhill
‘ Education-2003
4.Luck David and Rubin Ronal : Marketing Research, PHI.
5.Ajai S Gaur& Sanjay S. Gaur : Statistical Methods for Practice & Research-A guide to data
Analysis using SPSS. Response books-2006.
6.Green E. Paul, Tull S. Donald : Research for Marketing decisions”- 6th Edition. PHI
Albaum Gerald
: Marketing Research, A South Asian Perspective- Cengage Learning-
7.Churchill, Locobucci, Israel 2009.

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Course Name: M.Com Semester - III

Course Title: CORPORATE TAX PLANNING Course Code: MMCM302CCT
AND MANAGEMENT
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To understand the concept of tax planning.
• To understand the basic concepts in Corporate tax.
Learning Outcomes:
• The student is able to guage the significance of Tax Planning and various legal provisions
available in the tax laws for various Business situation

Unit 1: Introduction:

Tax planning, tax management, tax evasion, tax avoidance; Corporate tax in India; Types of
companies; Residential status of companies and tax incidence; Tax liability and minimum alternate
tax; Tax on distributed profits

Unit 2: Tax planning for New Business:

Tax planning with reference to setting up of a new business: Locational aspect, nature of business,
form of organization; Tax planning with reference to financial management decision - Capital
structure, dividend including deemed dividend and bonus shares; Tax planning with reference to
sale of scientific research assets.

Unit 3: Tax planning Specific Management Decisions:

Tax planning with reference to specific management decisions - Make or buy; own or lease; repair
or replace Tax planning with reference to employees’ remuneration Tax planning with reference to
receipt of insurance compensation Tax planning with reference to distribution of assets at the time
of liquidation.
Unit 4: Tax planning with reference to Business Restructuring & Non-Residents:
Amalgamation, Demerger-Slump sale, Conversion of sole proprietary concern/partnership firm into
company- Conversion of company into LLP- Transfer of assets between holding and subsidiary
companies. Non-Residents: Double taxation relief; Provisions regulating transfer pricing; Advance
rulings; Advance pricing
Agreement.
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Course Name: M.Com Semester - III

Course Title: ISLAMIC BANKING AND Course Code: MMCM301DST
FINANCE Scheme of Examination
Scheme of Instruction Maximum: 100 marks
Total Duration: 60 Hrs. Internal Evaluation: 30
Periods/week: 3+1 L/t End/ Ext Examinations: 70
Credits: 4 Exam Duration: 3 Hours
Instruction Mode: Lecture + tutorial
Course Objective:
• To understand the concept of Islamic banking.
• To know tools of Islamic banking.
Learning Outcomes:
• The students understand and compare the Islamic Banking and Financial system
with conventional banking & Financial systems
•
Unit I –Convention Financial System and Banking
Component of Financial System- Financial Instrument, Financial Market, Financial
Intermediaries; Regulators of Financial Market – RBI, SEBI, IRDA; Indian Banking system
and its structure; Money Market – types and instruments; Capital Market – types &
instrument; Financial intermediaries – Merchant Bank, Stock Exchanges, Credit rating,
Mutual Fund, Venture Capital.

Unit II –Introduction to Islamic Economic and Finance

Principles of Islamic Economic system- Property right, Property obligations, Contracts,
Trust, Work, Wealth, Risk Sharing; Factors of production; Principles of consumption;
Business and commercial ethics in Islam; Islamic system of Wealth distribution; Role of
state.
Shariah and its sources; Principles and Objectives of Shariah; Major Prohibitions- Riba,
Gharar, Maysir.
Unit III - Islamic Financial Contracts:
Conditions of contract;Waad, Muwaahda, Aqd; Elements of contract; Contracting parties,
subject matter, offer and acceptance; Types of contract:Mudaraba, Musharaka, Murabaha,
Ijara, Salam, Istisna, Wakala (Agency contract)
Unit IV- Islamic Capital Market & Islamic Banking Operation
Basic concept of financial market; Capital market instruments; Islamic capital market (ICM)
– Features and instruments, Shariah Screening of stocks, Dividend Purification; Islamic
Mutual Fund; Sukuk and its features; Role of Islamic capital market; Islamic Banking
Operation Islamic appraisal of conventional banking; Operating structure of an Islamic
Bank- Sources and Applications of Funds; Products offered by Islamic Banks.

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Course Name: M.Com Semester - III

Course Title: ADVANCE FINANCIAL Course Code: MMCM304CCT
MANAGEMENT
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To understand various concepts related to advance financial management.
• To study in detail, various tools and techniques in the area of finance.
• To develop the analytical skills this would facilitate the decision making in
Business situations.
Learning Outcomes:
• The student develops an understanding of Financial tools and techniques and is able
to make Financial decision making

Unit – I Introduction

Concept, Scope, Function and Objective of financial management – Financial planning,

Concept and Types – Profit Maximisation Vs Wealth Maximisation – Capitalisation Theories,
Over and Under Capitalisation, Cause and Remedial measures (Theory only)

Unit – II Financing Decision

Concept of Capital Structure, Determinants of Capital, Capital Structure Theories, Net
Income Approach, Net Operating Income Approach – M M Approach – Leverage –
Operating, Financial Leverage – EBIT and EPS Analysis(Theories and Problems)

Unit – III Working Capital Decision & Dividend Decision :

Concept, Components and Determinants of Working Capital – Operating Cycle –
Forecasting Working Capital requirements – Management of Inventory, Receivable and
Cash Dividend Decision:Concept of Dividend – Types of Dividends – Dividend Decision –
Dividend Vs Profit retention decision – Dividend Policies – Factor influencing on dividend
decision policies – Dividend Theories, Relevance and Irrelevance of dividend – Walter,
Gordon and M.M Approach(Theories and problems)

Unit – IV Investment Decision

Nature of Capital Budgeting Decision – Investment Evaluation Criterion – Traditional
Technique – Pay Back Period, Accounting Rate of Return – Discounted Cash flow
techniques
– Net Present Value – Profitable Index, Internal Rate of Return(Theories and Problems)

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Course Name: M.Com Semester - III

Course Title: COST ACCOUNTING Course Code: MMCM303CCT
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:

• To understand the basic concepts of cost accounting

• To know various tools of cost accounting to facilitate the decision making.
• To develop analytical abilities to face the business situations.

Learning Outcomes:
• The students understand concept of Cost accountancy and are able to applythe the
same to Managerial Decision Making.

Unit I : INTRODUCTION
Introduction – Meaning of Cost. Costing & Cost Accounting - - Differences between
Financial Accounts and Cost Accounts – Application of Cost Accounting Cost Concept and
classification of costs- cost unit – Cost centre – element of Cost Preparation of Cost Sheet
– Tender and Quotation – Problems

Unit II: MATERIAL COSTING

Classification of Material – Material Control – Purchasing procedure – Store keeping –
techniques of Inventory Control – Setting of Stock level – EOQ – Methods of Pricing
materials issues – Problems.

Unit III : LABOUR COSTING

Control of Labour Cost – Labour Turn over – Causes and Effects of Labour turnover –
Meaning of time and motion study, Merit rating Job Analysis, Time keeping and time
booking – Idle time, Causes and treatment – Overtime - methods of Wage Payment, Time
rate & Piece rate – Problems.

Unit IV : OVERHEAD COSTING

Classification of Overhead – Procedure for Accounting and control of overheads –
Allocation of Overheads – Apportionment of Overheads – Machine Hour rate – Problems.

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Course Name: M.Com Semester: III

Course Title: COMMUNICATIVE Course Code: PGEN301AET
ENGLISH-II Scheme of Examination
Scheme of Instruction Maximum: 100 marks
Total Duration: 60 Hrs. Internal Evaluation: 30
Periods/week: 3+1 L/t End/ Ext Examinations: 70
Credits: 4 Exam Duration: 3 Hours
Instruction Mode: Lecture + tutorial
Course Objective:

Learning Outcomes:

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Course Name: M.Com Semester: III

Course Title: ENTREPRENEURSHIP Course Code: PGCM301GET
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To instill a spirit of entrepreneurship among the student participants.
• To provide an overview of the competences needed to become an entrepreneur
• To give insights into the Management of Business Enterprise

Learning Outcomes:
• The Students understand the Significance of being an entrepreneur and are able to
compare and contrast the same with being a leader and the attributes of both the
inclinations

Unit I-Introduction: Concept and Definitions, Entrepreneur v/s Intrapreneur; Role of

entrepreneurship in economic development; Entrepreneurship process; Factors impacting
emergence of entrepreneurship; Managerial versus entrepreneurial Decision Making;
Entrepreneur v/s Investors; Entrepreneurial attributes and characteristics; Entrepreneurs
versus inventors; Entrepreneurial Culture; Women Entrepreneurs; Social Entrepreneurship;
Classification and Types of Entrepreneurs; EDP Programmes; Entrepreneurial Training;
Traits/Qualities of an Entrepreneurs.

Unit II- Creating Entrepreneurial Venture: Generating Business idea- Sources of

Innovation, methods of generating ideas, Creativity and Entrepreneurship; Challenges in
managing innovation; Business planning process; Drawing business plan; Business plan
failures; Entrepreneurial leadership- components of entrepreneurial leadership;
Entrepreneurial Challenges; Legal issues – forming business entity, considerations and
Criteria, requirements for formation of a Private/Public Limited Company, Intellectual
Property Protection- Patents Trademarks and Copyrights – importance for startups, Legal
Acts Governing Business in India.

Unit III-Functional plans: Marketing plan– for the new venture, environmental analysis,
Department of Commerce-Syllabus –Mcom-2017 Page 28
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steps in preparing marketing plan, marketing mix, contingency planning; Organizational plan
– designing organization structure and Systems; Financial plan – pro forma income
statements, pro forma cash budget, funds Flow and Cash flow statements; Pro forma
balance sheet; Break Even Analysis; Ratio Analysis.

Unit IV- Entrepreneurial Finance Management: Debt or equity financing, Sources of

Finance- Commercial banks, private placements, venture capital, financial institutions
supporting entrepreneurs; Lease Financing; Funding opportunities for Startups in
India.Management :: Managing growth and sustenance- growth norms; Factors for growth;
Time management, Negotiations, Joint ventures, Mergers & acquisitions.

Suggested Readings:

1. Kumar, Arya, Entrepreneurship: Creating and Leading an Entrepreneurial

Organization, Pearson, India.
2. Hishrich., Peters, Entrepreneurship: Starting, Developing and Managing a New
Enterprise, Irwin
3. Taneja, Entrepreneurship, Galgotia Publishers.
4. Barringer, Brace R., and R. Duane Ireland, Entrepreneurship, Pearson Prentice Hall,
New Jersy (USA)
5. Hisrich, Robert D., Michael Peters and Dean Shephered, Entrepreneurship, Tata
McGraw Hill, New Delhi
6. Lall, Madhurima, and Shikha Sahai, Entrepreneurship, Excel Books, New Delhi
7. Charantimath, Poornima, Entrepreneurship Development and Small Business
Enterprises, Pearson Education, New Delhi
8. Natarajan., K and E. Gordon, Entrepreneurship Development, Himalya Publication,
India.
9. Vasant, Desai., Small- Scale Industries and Entrepreneurship, Himalya Publication,
India.
10. Kuratko, D.F., and T. V. Rao, Entrepreneurship: A South-Asian Perspective,
Cengage Learning

Course Name: M.Com Semester: IV

Course Title: BUSINESS ETHICS Course Code: MMCM401CCT
Department of Commerce-Syllabus –Mcom-2017 Page 29
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Scheme of Instruction Scheme of Examination

Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To provide the background of Indian culture and to give students a solid foundation
for understanding and managing cultural diversity in the workplace
• To learn to apply ethical behavior to our professional interactions
• The course enables students to understand issues related to cross-cultural
management and teaches how to recognize, analyze and implement ethical
decisions
Learning Outcomes:
• The students are able guage the significance of Social responsibilities of a Business
and the needed Business ethics in discharge of these responsibilties
UNIT–I:Business Ethics - Definition and nature - Objectives of Ethics – Need and
Importance of Ethics in Business -–Relationship between ethics and business – Integrated
view of ethics – Stages of Ethical Consciousness.

UNIT – II:Ethical Organization and its Corporate Code & Ethical Dilemmas at work
place – Characteristics of ethical organization -– Stakeholders – Corporate Governance –
Corporate Code – Implementation of Corporate Codes- Ethical responsibility towards
competitors and business partners Ethical Dilemmas at work place power – authority –
secrecy – confidentiality – trust and loyalty - Ethical Leadership – Managerial integrity and
decision making.

UNIT – III:Corporate Social Responsibility-Historical perspective of CSR from industrial

revolution to social activism – Stakeholders – Shareholders – Employees
– Management – External Stakeholders - Consumers – Suppliers – Competitors – Creditors
– Community – Corporation as a ‘Moral person’ – Corporate expectations of Society- Current
CSR Practices of Firms in India.

UNIT –IV:Corporate Governance –– Committees of Corporate Governance – Role and

functions of Chairman and Managing Director – Role and functions of Committees – Audit
Committee –– Cadbury Committee – OECD Committee – K.M Birla Committee on Corporate
Governance.

Course Name: M.Com Semester: IV

Course Code: MMCM402CCT

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Course Title: COMPUTER Scheme of Examination

APPLICATIONS IN ACCOUNTING Maximum: 100 marks
Scheme of Instruction Internal Evaluation: 30
Total Duration: 60 Hrs. End/ Ext Examinations: 70
Periods/week: 3+1 L/t Exam Duration: 3 Hours
Credits: 4
Instruction Mode: Lecture + tutorial
Course Objective:
• To provide overview of computer application.
• To Expose students to usage of computer application in business.
• To develop practical insight of computer application for effective business.
Learning Outcomes:
• The Learners are able to apply the Knowledge of Spreadsheets for business
Analytics in the Areas of Finance and Cost Accountancy
• The Learners are able to use Accounting Packages covering the whole of the
Accounting process and Cycle

UNIT – I Introduction : Importance of Computer Applications in Accounting – MS Excel

Application in Financial Management : Calculation of Operating and financial Leverage –
EBIT and EPS – NPV – IRR – Preparation of Statement of Working Capital Forecast.

UNIT – II MS Excel Application in Cost Accounting: Calculation and preparation of Marginal

Costing Statement –BEP and CVP analysis – BEP Charts – Profit Planning – Production
and Sales Budgets. Functional Budgets: Flexible Budgets- Preparation of Projected Income
Statement and Balance sheet.

UNIT – III Accounting Packages: Features Importance – Differences in Accounting

Packages and Spread Sheet Applications – Creation of Accounts – Voucher – Voucher
Number – Journal Subsidiary Journals– Ledger- Preparation of Bank Reconciliation
Statement.Calculation of Depreciation – Preparation of Trial Balance – Income Statement –
Balance sheet (Sole Proprietor Partnership and Joint Stock Companies.)

UNIT –I V Inventory Stock levels – Stock Ledger – Tax Registers – Audit Feature – Security
in Accounting Packages – Problems of Accounting Packages: Power Problems -Virus
Problems
(For Units III, IV, Accounting Packages : Tally or Wings may be used)

SUGGESTED READINGS:
5. Peter Norton : Introduction to Computers, TMH, New Delhi 1998.
6. Maheswari , S N. Financial Management ,Sultan Chand Publications Pvt.Ltd New

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Course Name: M.Com Semester: IV

Course Title: PROJECT WORK Course Code: MMCM450CCP
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To enable the Students to prepare Project reports for Business Purposes encorporating the
Conceptual, Analytical understanding of Business issues
• To Develop comprehensive Communication and presentation skills
• To prepare and introduce the students for future Academic Research.

Learning Outcomes:
• The students are able to prepare project reports on their own
• The students are ready to face interview-like situations
• The students develop a research orientation

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Course Name: M.Com Semester: IV

Course Title: PROJECT VIVA VOCE Course Code: MMCM450CCP
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To Develop comprehensive Communication and presentation skills
• To prepare and introduce the students for future Academic Research.

Learning Outcomes:
• The students are ready to face interview-like situations
• The students develop a research orientation

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Course Name: M.Com Semester: IV

Course Title: INTERNATIONAL FINANCE Course Code: MMCM412DST
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours

Course Objective:
• To make students familiar with the operations in foreign exchange markets.
• To sensitize students with complexities of managing finance of multinational firm.
• To highlight the importance of the regulatory framework within which international
financial transactions can take place, with special reference to India.

Learning Outcomes:
• The students are able to understand the significance of Financing in a Globalized world
• The student is able to understand the peculiarities of Finance in an International Business
Environment

UNIT – I International Financial System:

Evaluation of International Financial System – Gold Standard; Breton wood Standard; Floating
Exchange Rate; Currency Board; Euro Currency Market; Bond Market; International Money
Market; International Financial Institutions – IMF; Foreign Bonds; Global Bonds; Euro Equity.

UNIT – II Foreign Exchange Market: Structure of Foreign Exchange Market in India; Spot
Market; Forward Market; Arbitrage; Nominal Effective Exchange Rate (NEER); Real Effective
Exchange Rate (REER); Balance of Payment (BOP), BOP Trends in India; Purchasing Power
Parity (PPT); Interest Rate Parity; International Fisher Effect.

UNIT – III Risk Management & Corporate Decision in MNCs: Types of Risk; Currency Risk;
Interest Rate Risk; Political Risk; Financial Risk; Risk Management through Hedging; Hedging
with Currency; Forward Market Hedge; Options Market Hedge; Money Market Hedge.: Foreign
Direct Investment (FDI); FDI Theories; Modes of Foreign Investment; Financial Goals of MNC;
Financial Performance Measurement; International Cash Management; Multinational Capital
Structure Decision.

UNIT – IV International Tax Environment: Sources of Tax; Types of Tax; Value Added Tax
(VAT); Taxation Methods; Foreign Tax Credit; Taxes and Location of Foreign Operations;
Taxation of Foreign Sources of India; Taxation Rates and Methods.

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Course Name: M.Com Semester: IV

Course Title: SECURITY ANALYSIS Course Code: MMCM411DST
AND PORTFOLIO MANAGEMENT Scheme of Examination
Scheme of Instruction Maximum: 100 marks
Total Duration: 60 Hrs. Internal Evaluation: 30
Periods/week: 3+1 L/t End/ Ext Examinations: 70
Credits: 4 Exam Duration: 3 Hours
Instruction Mode: Lecture + tutorial
Course Objective:
• To understand the concept of securities.
• To understand the concept of Portfolio Management.
• To understand various tools and methods of evaluating the portfolio

Learning Outcomes:
• The students are able to apply the Knowledge of Investment Management in Practical
situations.
• The students are in a position provide Investment advisory.

UNIT: I: - Investment:-
Nature and scope of investment Analysis:- Characteristics of investment Gambling :– Investment Vs
Speculation :–types of investment – Investment Avenues: Financial and non-financial investment
avenues –Approaches to investment Analysis – sources of financial information.

UNIT: II: - (A) Elements of investment:- Return and Risk; Elements – systematic Risk and
unsystematic Risk-measurement of Return and Risk
(B) Valuation of Securities:- Concept of present value – Valuation of bounds /Debentures,
preference shares, and Equality shares

UNIT: III: - (A) Fundamental Analysis:- Economic Analysis, Industry Analysis and Company
Analysis
(B) Technical Analysis: - Meaning and principal of technical Analysis; Dow theory-Trends,
indicator, indices and moving Average applied in Technical Analysis.

UNIT: IV: - (A) Efficient Market Hypothesis: weak, semi – strong and strong market and its testing
techniques.
(B) Portfolio Analysis: - Estimating Rate of Return and standard Deviation of portfolio-Effect of
Combing the securities- Markowitz Risk – Return Optimisation - Single index model or Market model
–portfolio total risk, portfolio market risk and unique risk – measurement of portfolio performance.

( C ) Capital Market Theory:- Capital market line - Security marketing – Risk free lending and
borrowings – Factor model Arbitrage pricing theory-Two factors and multi factor: model – Principal
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of Arbitrage, Arbitrage portfolios.

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Course Name: M.Com Semester: IV

Course Title: INDIAN FINANCIAL SYSTEM Course Code: MMCM421DST
Scheme of Instruction Scheme of Examination
Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To enlighten the students with the Concepts & Practical dynamics of the Indian Financial System,
• To highlight financial Markets, Institution and Financial Services.
Learning Outcomes:
• The students are able to understand the players in the Indian Financial sector
• The students are able to understand the regulatory framework for various segments of the
Financial Sector

UNIT – I Financial System:

The Structure of Financial System; Features; Components; Functions of Financial System; Money
Market; Capital Market; Financial System and Economic Development; Financial Reforms; External
Financial Market Reforms.

UNIT – II Banking and Non-Banking Institutions:

Commercial Banks; Role of Commercial Banks; Function of Commercial Banks; Public Sector
Banks; Private Sector Banks; Interest Rate; Banking Innovations.
Non-Banking Institution: Function of Co-operative Banks; Characteristics; Sources of Fund; Types
of Non-Banking Financial Entities; UTI ; Operation of UTI; Strength; Weaknesses and Structure of
UTI.

UNIT – III Financial Services Based Assets / Funds & Investment Banking:Concept of
Leasing; Classification of Lease; Steps involved in Leasing Transaction; Factoring – Mechanism;
Functions; Advantages; Housing
Investment Banking:
Introduction; Functions; Activities; Underwriting Bankers to an Issue; Debenture Trustees; Portfolio
Managers; Opportunities in Investment Bankers; Challenges faced any Investment BankersFinance;
Venture Capital Financing; Forfeiting – Parties; Cost; Benefits of forfeiting.

UNIT – IV Financial and Securities Markets:

Call Money Market – Functions; Advantages & Drawback of Call Money Market; Govt. Securities
Market – Role of RBI in Govt. Securities; Treasury Bill Market; Commercial Bill Market. Securities –
Functions of Securities Market; Structure Segments; Listing of Securities; Trading and Settlement;
Role of SEBI – in Primary & Secondary Market.
Course Name: M.Com Semester: IV

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Course Title: INTERNATIONAL Course Code: MCMM422DST

ACCOUNTING AND AUDITING Scheme of Examination
STANDARDS Maximum: 100 marks
Scheme of Instruction Internal Evaluation: 30
Total Duration: 60 Hrs. End/ Ext Examinations: 70
Periods/week: 3+1 L/t Exam Duration: 3 Hours
Credits: 4
Instruction Mode: Lecture + tutorial
Course Objective:
• To understand the international accounting aspects.
• To make students aware of International accounting standards.
• To develop the knowledge of the concept of auditing and its applicability as performance
management tool
Learning Outcomes:

Unit – I: International Dimensions of Accounting – Definition and Importance of

International Accounting – Scope of International Accounting – Status of International
Accounting in India.

Unit – II: Internationalization of Accounting Profession – Harmonization of Accounting

Practices – Comparative Analysis between US GAAP, Indian GAAP and IAS – Models of Uniformity
in Accounting.

Unit – III: Accounting for Currency Translation – Need – Foreign Exchange and Procedural Issues
– Practices. Transfer Pricing – Definition – Evolution and Approaches to Transfer Pricing in
International Business with Special Reference to Multinational Corporations – Indian Experience.

Unit – IV: Auditing: Meaning – Definition – Evolution – Objectives – Importance - Types of audit-
Standards of auditing - Procedure for issue of standards by AASB - Appointment of auditor –
Qualification- Qualities- Remuneration- Removal - Rights- Duties - Civil and Criminal liabilities of
auditor - Commencement of audit - Engagement letter - Audit programme –Audit note book - Audit
work book - Audit marking- Internal control: Meaning –Objectives - Internal check and internal audit-
Internal check vs. Internal audit - Internal control vs. Internal audit.-Vouching: Meaning – Objectives-
Types of vouchers - Vouching of trading transactions – Vouching cash transactions – Auditing in an
EDP environment. Verification and Valuation of Assets: Meaning and definition – Distinction-
Verification and Valuation of various Assets and Liabilities - Audit Committee – Audit Report.

Course Name: M.Com Semester: IV

Course Title: INDIAN ECONOMY Course Code: PGCM401CET

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Scheme of Instruction Scheme of Examination

Total Duration: 60 Hrs. Maximum: 100 marks
Periods/week: 3+1 L/t Internal Evaluation: 30
Credits: 4 End/ Ext Examinations: 70
Instruction Mode: Lecture + tutorial Exam Duration: 3 Hours
Course Objective:
• To expose learners to the Indian business environment
• Focus will be on understanding micro and macro environmental forces and their impact
on business in India.

Learning Outcomes:
• The Learners are able know the Players in the Indian Economy.
• The Learners realize the significance of Economic Policies and Legislations of the Union and
Provincial Governments.

UNIT I: STRUCTURE OF THE INDIAN ECONOMY & Economic Planning:

Indian Economy: Characteristics - Developmental issues - Structural changes in the Indian
Economy - Human Development - Concept and measures - Occupational Distribution and
Economic Development - Natural Resource: Land, Forest, Water & Minerals - Environmental
degradation - Infrastructure: Energy, Power, Transport-Social infrastructure. Indian Planning:
Objectives, Aims, Problems - Development strategy in India - Liberalization – Privatization –
Globalization – Poverty - Unemployment: nature and problems - Government schemes - Social
change - Redefining the role of the state - Parallel economy.

UNIT II: AGRICULTURE IN INDIA:

Place of agriculture: Progress - Green revolution - Present state- New thrust areas -Food security:
Legislation – Schemes - Public distribution system - Agricultural Marketing: Types – Warehousing
- Agricultural Labour - Minimum wages - Rural credit – RRBs - NABARD.

UNIT III: INDUSTRIES IN INDIA:

Industrial Policy - Role and Pattern of Industrialization - Large-scale Industry - Small-scale Industry
- Information Technology Industry - Labour Problems - Labour Policy - Social Security - Trade
Union Movement - Industrial Disputes - Unorganized Sector.

UNIT IV: TERTIARY SECTOR IN INDIA:

Foreign Trade - Balance of Payments – SEZs - WTO - Foreign Exchange – Convertibility - Banking
Sector - Money Market - Monetary Policy - Public Finance - Financial relations between Centre and
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Course Name: M.Com Semester: III

Course Title: CONSUMER Course Code: MMBA302DST
BEHAVIOUR Scheme of Examination
Department of Commerce-Syllabus –Mcom-2017 Page 39
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Scheme of Instruction Maximum: 100 marks

Total Duration: 60 Hrs. Internal Evaluation: 30
Periods/week: 3+1 L/t End/ Ext Examinations: 70
Credits: 4 Exam Duration: 3 Hours
Instruction Mode: Lecture + tutorial

Course objective:
• Objective of this course on Consumer Behavior is not only will make the students to understand
the complexities of consumers needs and perceptions but also will help them to implement the
same into effective Marketing Strategies.
• The course will be focusing on real life case-studies from Indian business environment.

Learning outcomes:
• The course not only made the students to understand the complexities of consumer needs and
perceptions but also helped them to implement the same into effective Marketing Strategies.
• The course focused on real life case-studies from Indian environment.

UNIT-I:Introduction: Consumer Behavior: Concept, Definition and Importance -A conceptual

overview of Customer and understanding Consumer Behavior- Meaning and Concept of Consumer
and Customer, Consumer Decision making process-Concept of Consumer Decision; Models and
Levels of Consumer Decision Making, Organizational Buying Behaviors. Consumers – Applying
Consumer Behavior knowledge – Interdisciplinary influence on the study of Consumer Behavior –
Online.

UNIT-II: Personality: Personality: Concept, Definition, Nature –Personality and Consumer

Behavior – Marketing Application of Consumer Behavior

UNIT-III: Consumer Perception: Concept and Definition of Perception –Elements of Perception –

Dynamics of Perception –Consumer Learning – Elements of Behavioral learning – Behavioral
Learning Theories –Cognitive Learning Theory – Measures of Consumer Learning – Attitude –
Attitude Formation – Strategies of Attitude Change.

UNIT-IV: Socio-Cultural Influence on Consumer Behavior: Family influence – Reference Groups

– Opinion Leadership –Social Class – Cultural and Sub-Cultural – Cross-Cultural influences. Indian
Core Values; Cultural aspects of emerging markets, Values, Lifestyles, and Psychographics- Impact
of Values, Lifestyles and Psychographics on buying behavior; Demographics, Lifestyles and
Psychographics; Values and Value Systems, Group Influence on Consumption- Role of reference
groups; Effect of reference groups on consumer decision making; Celebrity endorsements.

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 Maulana Azad National Urdu University

UNIT-V: Consumer Decision Process: Problem Recognition – Information Search – Evaluation of

Alternatives – Outlet Selection and Purchase –Consumption – Post-Purchase Consumption Behaviour
–Models of Consumer Behavior.

References:
1. Schiffman and Kanuk, Consumer Behaviour, 5Ed, PHI, 2005.
2. Michael R.Solman, Consumer Behaviour, 8Ed, PHI, 2004.
3. Loudon and Bitta, Consumer Behaviour, TMH, 2002.
4. Frank R.Kardes, Consumer Behaviour and Managerial Decision Making, 2Ed, PHI,2003.
5. Srivastava &Sujata Khandai, Consumer Behaviour in Indian Context, Galgotia Publishing
Company, 2003.

6. D. L. Loudon, J. Albert Della Bitta: Consumer Behavior; Concepts and Applications, Tata McGraw
Hill Publishing Company Limited .

7. Rai Alok K., Srivastava M., “The Character of Customer Loyalty”, TATA MCGraw Hill .

8. Kazmi & Batra- Consumer Behaviour (ExcelBooks)

9. Henry A.: Consumer Behavior and Marketing Action, Thomson Asia Pte Ltd.

10. M. Evans, A. Jamal, & G. Foxall : Consumer Behavior, John Wiley & Sons LTD. 11. M. Khan:
Consumer Behavior, New Age International Publishers.

12. Memoria, C.B, Joshi RL and Mulla NI, Principles and Practice of Marketing in India, Kitab
Mahal, New Delhi

Department of Commerce-Syllabus –Mcom-2017 Page 41