revised syllabus...2015/07/17 · st. philomena’s college (autonomous) mysore. m. com., syllabus...

St. Philomena’s College (Autonomous) Mysore. M. Com., Syllabus 2015-16

ST. PHILOMENA’S COLLEGE (AUTONOMOUS)

MYSORE

P G DEPARTMENT OF COMMERCE

MASTER OF COMMERCE – M.Com

REVISED SYLLABUS

Effective from the Academic Year 2015-16

Choice Based Credit System (CBCS) and Continuous Assessment Grading

Pattern (CAGP) under the existing regulations governing two year- four

semesters Choice Based Credit System (CBCS) and Continuous Assessment

Grading Pattern (CAGP) Master’s Degree Programmes under Autonomous

Structure.


ST.PHILOMENA’S COLLEGE (Autonomous) MYSORE

Master of Commerce -M.Com

The course will be started under the existing regulations governing two

year- four semesters Choice Based Credit System (CBCS) and Continuous

Assessment Grading Pattern (CAGP) Master’s Degree Programmes under

Autonomous Structure.

Existing Guidelines/Regulations

1. Eligibility for Admission

Candidates shall have studied B.Com or Equivalent Degree course of any recognized

University with not less than 45 % ( 40% for SC/ST and Category - I Candidates) of the

aggregate marks of all the years of course of study excluding the languages and foundation

course papers. The qualification and the percentage marks for admission shall be as per the

guidelines issued by University of Mysore from time to time

Note: - In case of candidates who have taken more than three years to complete their

Bachelors Degree, the percentage of mark is arrived as per the guidelines issued by

University of Mysore from time to time

2. Duration of the Programmes

The duration of Programme shall extend over 4 semesters (two academic years) of 20 weeks

each including instructions and examinations.

3. Maximum Period for Completion of the Programmes

The candidates shall complete the Programme within 4 years from the date of admission. The

term completing the programmes means passing all the prescribed examinations of the

programme to become eligible for the degree. No candidate shall be permitted to appear for

the examinations after the prescribed period for completing the programme. Whenever a

candidate opts for blank semesters/ dropped papers, he/she have to study the prevailing

papers offered by the department when he /she continues his /her studies.

4. Medium of Instruction

The medium of instruction shall be English.

5. Hours of Instruction per Week


There shall be 24-30 hours of instructions per week in subjects without practicals/field-work

and 28-34 hours of instructions per week in subjects with practicals/field-work. These hours

may be distributed for lectures, seminars, tutorials, practicals, project-work and other modes

of instruction which individual courses may demand.

6. Attendance

Each paper (theory/practical) shall be treated as an independent unit for the purpose of

attendance. A student shall attend a minimum of 75% of the total instruction hours in a paper

(theory/practical) including tutorials and seminars in each semester. There shall no provision

for condonation of shortage of attendance and a student who fails to secure 75% attendance

in a paper shall be required to repeat that semester with the payment of semester fees.

7. Guidelines to Implement CBCS & CAGP Masters Degree Programme

Course: Every paper offered will have three components associated with the teaching-

learning process, namely

(a) L - Lecture (b) T - Tutorial (c) P - Practicals

Where

L - Stands for Lecture session.

T - Stands for Tutorial session consisting participatory discussion/self study/desk work/ brief

seminar presentations by students and such other novel methods that make a student to absorb

and assimilate more effectively the contents delivered in the Lecture classes.

P -Stands for Practical session and it consists of Hands on experience / Laboratory

Experiments/Field Studies/Case studies that equip students to acquire the much required skill

component.

In terms of credits, every one hour session of L amounts to one credit per semester

and a minimum of two hour session of T or P amounts to one credit per semester,

over a period of one semester of 16 weeks for teaching – learning process. The total

duration of a semester is 20 weeks inclusive of semester end examination.

A paper shall have either one or two or all the three components. That means a may have

only lecture component, or only practical component or combination of any two or all the

three components.

The total credit earned by a student at the end of the semester upon successfully completing

the course is equal to L + T + P of each paper.

Different papers of study are labeled and defined as follows:

Hard Core Paper

A paper which should compulsorily be studied by a candidate as a core requirement is termed

as a Hard Core Paper.

Soft Core Paper

If there is a choice or an option for the candidate to choose a paper from a pool of papers

from the main discipline subject of study or from a sister/related discipline / subject which

supports the main discipline/ subject is termed as a Soft Core Paper.


Elective Paper

Generally a paper which can be chosen from a pool of papers and which may be very specific

or specialized or advanced or supportive to the discipline / subject of study or which provides

an extended scope or which enables an exposure to some other discipline / subject / domain

or nurtures the candidate’s proficiency / skill is called an Elective Paper. Elective papers may

be offered by the main discipline / subject of study or by sister / related discipline / subject of

study. A Soft Core paper may also be considered as an elective.

Open Elective

An elective paper chosen generally from an unrelated discipline / subject, with an intention to

seek exposure is called an open elective. A core paper offered in a discipline / subject may

be treated as an elective by other discipline / subject and vice versa.

Project work / Dissertation work It is a special paper involving application of knowledge in solving / analyzing / exploring a

real life situation / difficult problem.

Minor Project Work

A project work up to 4 credits is called Minor Project work.

Major Project Work

A project work of 6 to 8 credits is called Major Project Work.

Dissertation Work A project work can be of 10 – 12 credits. A Project /Dissertation work may be a hard core or

a soft core as decided by the BOS concerned.

8. Scheme of Instruction

8.1 A candidate has to earn a minimum of 76 credits, for successful completion of a

Master’s Degree with a distribution of credits for different papers as given in the following

table.

Paper Type Credits

Hard Core A minimum of 42, but not exceeding 52

Soft Core A minimum of 16

Open Elective A minimum of 08

8.2 A candidate can enroll for a maximum of 24 credits per semester.

8.3 Only such candidates who register for a minimum of 18 credits per semester and

complete successfully 76 credits in 4 successive semesters shall be considered for

declaration of ranks, medals and are eligible to apply for student fellowship,

scholarship, free ships and hostel facilities.

9. Continuous Assessment, Earning of Credits and Award of Grades

The evaluation of the candidate shall be based on continuous assessment. The structure for

evaluation is as follows:


9.1 Assessment and evaluation processes happen in a continuous mode. However, for

reporting purposes, a semester is divided into 3 distinct components identified as

C1, C2, and C3

9.2 The performance of a candidate in a paper will be assessed for a maximum of 100 marks

as explained below.

a) The first component (C1) of assessment is for 15 marks. This will be based on test,

assignment, seminar and attendance (Class Participation).During the first half of the

semester, the first 50% of the syllabus will be completed. This shall be consolidated

during the 8th

week of the semester. Beyond 8th

week, making changes in C1 is not

permitted. The marks for the class participation - 91-100 % -05 marks, 81-90% - 04

marks and 75-80% -03 marks.

b) The second component (C2) of assessment is for 15 marks. This will be based on

test, assignment, seminar and attendance (Class Participation). The continuous

assessment and scores of second half of the semester will be consolidated during the

16th

week of the semester. During the second half of the semester, the remaining

units in the paper will be completed. The marks for the class participation- 91-100

% -05 marks, 81-90% 04 marks and 75-80% -03 marks

c) The outline for continuous assessment activities for Component – I (C1) and

Component – II (C2) will be proposed by the teacher(s) concerned before the

commencement of the semester and will be discussed and decided in the respective

Departmental Council. The students should be informed about the modalities well

in advance. The evaluated papers / assignments during component - I (C1) and

component - II (C2) of assessment are immediately returned to the candidates after

obtaining acknowledgement in the register maintained by the concerned teacher for

this purpose.

d) During the 18th

– 20th

week of the semester, a semester end examination of 2 hours

duration shall be conducted for each paper. This forms the third/final component of

assessment (C3) and the maximum marks for the final component will be 50.

10. Setting Question Papers and Evaluation of Answer Scripts.

a) Question papers in three sets shall be set one by the internal and two by the external

examiners. While selecting the examiners the University Guidelines to be followed.

Whenever there are no sufficient internal examiners, the Chairman of Board of

Examination [BOE] shall get the question papers set by external examiners.

b) The Board of Examiners shall scrutinize and approve the question papers and

scheme of valuation.

c) There shall be single valuation for all theory papers by external examiners. A

detailed scheme of valuation to be prepared by the department and to be provided to

the external examiner along with the answer scripts


d) The examination for Practical Work / Field Work / Project Work will be conducted

jointly by internal and external examiners. However, the BOE on its discretion can

also permit two internal examiners from the College.

e) If a paper is full of (L = 0): T: (P=0) type, then the examination for C3 component

will be as decided by the BOS concerned.

i) The details of continuous assessment are summarized in the following Table

Component Syllabus in a paper Weightage Period of continuous

assessment

C1 First 50%

of the Syllabus 15%

First half of the semester

To be consolidated by 8th

week

C2 Remaining 50%

of the Syllabus 15%

Second half of the semester

To be consolidated by

16th

week

C3 Semester-end examination ( all

units of the paper) 70%

To be completed during

18th

– 20th

Week

Final grades to be announced latest by 24th

week

k) A candidate’s performance from all 3 components will be in terms of scores, and the

sum of all three scores will be for a maximum of 100 marks (15 + 15 + 70).

m) Finally, awarding the grades should be completed latest by 24th

week of the

Semester.

11. Minor / Major Project Evaluation

Right from the initial stage of defining the problem, the candidate has to submit the

progress reports periodically and also present his / her progress in the form of

seminars in addition to the regular discussion with the guide. Components of

evaluation are as follows:

Component – I(C1): Periodic Progress and Progress Reports ( 15)

Component – II (C2): Results of Work and Draft Report (15)

Component – III(C3): Final Viva Voce and evaluation (70). The report evaluation is

for 40 and the Viva –voce examination is for 30.

12. In case a candidate secures less than 30% in C1 and C2 put together in a paper, the

candidate is said to have DROPPED that paper, and such a candidate is not allowed

to appear for C3 in that paper.

In case a candidate’s class attendance in a paper is less that 75% or as stipulated by

the College, the candidate is said to have DROPPED that paper, and such a candidate

is not allowed to appear for C3 in that paper.

Teachers offering the papers will place the above details in the P G Department

Council meeting during the last week of the semester, before the commencement of

C3 and subsequently a notification pertaining to the above will be brought out by the

Principal before the commencement of C3 examination. A copy of this notification

shall also be sent to the office of the Controller of Examinations.


12.1 In case a candidate secures less than 30% in C3 he/she may choose DROP/MAKEUP

option.

In case a candidate secures more than or equal to 30% in C3 but his/her grade (G) = 4,

as per section 12.5 below, then he/she may be declared to have been conditionally

successful in that paper, provided that such a benefit of conditional clearance based on

G = 4 shall not be availed for a maximum of 8 credits for the entire programme of

Master’s Degree of two years.

A candidate exercising his/her option to MAKEUP examination shall be declared

passes if he/she secures more than or equal to 30% in C3 provided he/she fulfils the

conditions mentioned in the Para 12.1 & 12.5. To a candidate who does not pass in

MAKE UP examination , no separate MAKEUP examination shall be conducted.

Such a candidate has to appear for the examination as and when the C3 component

examination is conducted for Odd & Even semester of that academic year along with

the regular candidates..

12.2 A candidate has to re-register for the DROPPED paper when the paper is offered

again by the department if it is a hard core paper. The candidate may choose the same

or an alternate core/elective in case the dropped paper is soft core/ elective paper. A

candidate who is said to have DROPPED project work has to re-register for the same

subsequently within the stipulated period. The details of any dropped paper will

not appear in the grade card.

12.3 The tentative / provisional grade card will be issued by the Registrar (Evaluation) at

the end of every semester indicating the papers completed successfully. This

statement will not contain the list of DROPPED papers.

12.4 Upon successful completion Master’s degree a final grade card consisting of grades

of all papers successfully completed by the candidate will be issued by the Registrar

(Evaluation).

12.5 The Grade (G) and the Grade Point (GP) earned by the candidate in the subject will be

as given below.

P G GP = V x G

90 – 100 10 V x 10

80 – 89 9 V x 9

70 – 79 8 V x 8

60 – 69 7 V x 7

50 – 59 6 V x 6

40 – 49 5 V x 5

30 – 39 4 V x 4

0 – 30 0 V x 0

Here, P is the percentage of marks P= [(C1+C2) + C3] secured by a candidate in a

paper which is rounded to nearest integer. V is the credit value of paper. G is the

Grade and GP is the Grade Point.


12.6 A candidate can withdraw any paper within ten days from the date of notification of

final results of that semester. Whenever a candidate withdraws a paper, he/she has to

register for the same paper in case it is hard core paper, the same paper or an alternate

paper if it is soft core/open elective.

A DROPPED paper is automatically considered as a paper withdrawn.

12.7 The Semester Grade Point Average (SGPA) of a candidate after successful

completion the required number of credits (76) is given by

SGPA = creditsofnumberTotal

GP

12.8 The Final Semester Grade Point Average (SGPA) of a candidate after successful

completion the required number of credits (76) is given by

CGPA = SemesterstheallofCredits

SemestersfourtheallofGP

13. Classification of results The Final Cumulative Grade Point (FGP) to be awarded to the student is based on

CGPA secured by the candidate and is given as follows:

CGPA FGP

Numerical Index Qualitative Index

4< = CGPA < 5 5 SECOND CLASS

5< = CGPA < 6 6

6< = CGPA < 7 7 FIRST CLASS

7< = CGPA < 8 8

8< = CGPA < 9 9 DISTINCTION

9< = CGPA < 10 10

Overall percentage = 10 x CGPA or is said to be 50% in case CGPA < 5


CHOICE BASED CREDIT SYSTEM

M.COM COURSE STRUCTURE AND SYLLABUS

FROM THE ACADEMIC YEAR 2015-16 ONWARDS

COURSE CREDIT STRUCTURE

Semester

Hard Core

Credits

Soft Core

Credits

Open Elective

Credits

Total

Credits

I 16 4 - 20

II 12 4 4 20

III 08 8 4 20

IV 08 8 - 16

Total 44 24 8 76

Sl.No Code Title

Pa

per

Ty

pe

(HC

/SC

)

L:T

: P

Credit

Pa

per

Sem

este

r

To

tal

I Semester- Four HC and any one SC

20 20

1 Accounting Theory HC 3:1:0 4

2 Corporate Governance HC 3:1:0 4

3 Financial Management HC 3:1:0 4

4 Marketing Management HC 3:1:0 4

5 Business Policy and Environment SC 3:1:0 4

6 Statistics for Business Decisions SC 3:1:0 4

II Semester - Three HC and any one SC and any one OE from other department 1 Financial Market Instruments HC 3:1:0 4

16

+

4

20

2 Human Resource Management HC 3:1:0 4

3 Organizational Behavior HC 3:1:0 4

4 Computer Applications in Commerce SC 3:1:0 4

5

Strategic Management SC 3:1:0 4

7 From other department OE 3:1:0 4

III Semester – Two HC and any one SC & any one SC elective & any one OE from other department

1 Business Research Methods HC 3:1:0 4

16

+

4

20

2 International Business HC 3:1:0 4

3 Management of Non- Profit Organizations SC 3:1:0 4

4 Security Analysis and Portfolio Management SC 3:1:0 4

5

Group –A:Business Taxation- Indirect Tax Law

and Practice ( Elective: Paper 1 )

or

Group-B: Management Accounting - Marginal

Costing and Decision Making (Elective: Paper 1)

SC 3:1:0 4

6

SC 3:1:0 4

7 From other department OE 3:1:0 4


IV Semester- Two HC, any one SC and any one SC elective

1 International Accounting HC 3:1:0 4

16

16

2 Mergers and Acquisitions HC 3:1:0 4

3 Project Work SC 3:1:0 4

4 International Financial Management SC 3:1:0 4

5 International Human Resource Management SC 3:1:0 4

6 Group-AS: Business Taxation- Corporate Tax

Law and Planning (Elective:Paper2)

or

Group-B: Management Accounting - Tools and

Techniques of Control ( Elective: Paper 2 )

SC 3:1:0 4

7

SC 3:1:0 4

Open Electives – To be offered to the students of other departments

1

Personality Development OE 3:1:0 4

2 Retail Banking OE

3:1:0

4

Elective Groups:

Any one group from the available electives shall be selected by a student at the

commencement of III Semester. Once a group has been selected, no change in the selected

group will be allowed later.

Project Work / Dissertation: A student in the fourth semester shall register for a Project

Work/Dissertation which is optional. It carries 4 credits. Students who do not opt for Project

Work will have to choose a soft core subject from the list of soft core subjects offered in the

fourth semester.

Syllabus

M.Com I SEMESTER

Title: ACCOUNTING THEORY

1. Course Description:

The course provides the coverage of the meaning of accounting theory, its types,

approaches to formulate accounting theory; the IASB’s conceptual framework; definition,

recognition, measurement and disclosure of elements of financial statements; accounting

regulation and policy in India

2. Course Objectives:

The goal of this course is to provide the knowledge of accounting theory based on

conceptual framework of accounting theory and also the critical thinking skills necessary to

analyze and interpret accounting related transactions in accordance with accounting theory,

and the financial reports generated by the accounting system.

3. Pedagogy:


Course activities consist of lectures, case study analysis, group discussions, seminar

presentation, assignment writing and tests. Reading and analysis of annual reports of

companies will be the integral part of instruction.

4. Course Contents:

Module 1:

The Meaning of Accounting Theory: The meaning of accounting theory; Nature of

accounting theory; limitations of accounting theory; relationship with accounting research

and practice. Syntactical, Semantical and Behavioural accounting theories. Approaches to

formulation accounting theory. Ownership theories - Proprietary, Entity and Fund theories.

Accounting Standards- Concept, formulation, applicability and compliance. Case Study

Analysis.

Module 2:

The IASB Framework for the Preparation and Presentation of Financial Statements:

Preface, purpose and scope; Users and their information needs; Objectives of financial

statements; Underlying concepts and assumptions; Qualitative characteristics of financial

statements; Constraints on relevant and reliable information; Structure and format of

financial statements. Physical and financial capital maintenance concepts. Case Study

Analysis.

Module 3:

Definition, Recognition, Measurement and Disclosure of Elements in Financial

Statements and an Overview of Depreciation Accounting ( AS 6 ), Accounting for

amalgamations ( AS 14 )- The concept of revenue and expense; their recognition principles

and processes, measurement methods and disclosure issues. Gains and losses from

extraordinary items, discontinued operations, effects of changes in accounting principles and

prior period items. An overview of Depreciation Accounting ( AS6 )- Problems. An

overview of Accounting for Amalgamations ( AS 14 ) . Case study analysis.

Module 4:

The Framework of Accounting Regulation and Policy: Need for and evolution of

accounting regulation in India. Regulatory provisions of accounting in Indian Companies

Act. Role of MCA, NFRA, NACAAS, ICAI, SEBI and RBI in framing and enforcing

accounting regulation in India.Meaning and objectives of accounting policy. Economic and

social consequences of accounting regulation and policies. Analysis of Significant

Accounting Policy Statements disclosed by the companies in their annual reports.

References:

1. Anthony R.N., D.F. Hawkins and K.A. Merchant, Accounting: Text and Cases ,

McGraw Hill, 1999

2. Ahmed RiahiBelkaoui, Accounting Theory, Quorm Books, 2000.

3. JawaharLal, Accounting Theory and Practice, Himalaya Publishing House, 2008.

4. L.S. Porwal, Accounting Theory, TMH, 2000.

5. Thomas R.Dyckman, Charles J Davis, Roland E.Dukes, Intermidate Accounting,

Irwin McGraw-Hill.

6. www.iasb.org.

http://www.iasb.org/


7. www.icai.org.

8. www.dca.gov.in

****

M.Com I SEMESTER

Title: CORPORATE GOVERNANCE


The course provides coverage of concept of corporate governance, ethics , Corporate

Social responsibility and corporate governance in India and reforming of BOD and

different committees


This subject aims to:

a. Enable the student to understand the concept of corporate governance;

b.Help students to know about corporate ethics and cultural influences;

c. Impart knowledge of corporate social responsibility and accountability; and

d.Give information about the corporate governance reforming committee reports

in India.

3. Pedagogy:

The subject matter will be presented through lecture, class discussion, student

presentation, guest lectures and laboratory experiences.

4. Course Contents:

Module 1:

Concept of Corporate Governance: Definition, concept, importance. Difference between

governance and management. Potential consequences of poor corporate governance.

Corporate governance and Agency theory- Elements and benefits of good corporate

governance-present scenario-case studies.

Module 2:

Board and Shareholders competence in ensuring good Corporate Governance: Board of

Directors- meaning, types, role and responsibilities. Non- executive directors and their

contribution to good corporate governance. Composition of the Board-Board Committees-

Audit Committee, Shareholders Grievance Committee, Corporate Governance Committee.

Corporate Governance and Shareholder Rights, Challenges in exercising Shareholders rights.

Shareholders meetings- case studies.

Module 3:

Corporate Ethics and Corporate Social Responsibility: Concept and Importance –benefits

of corporate ethics-corporate philosophy and culture-managing ethics and legal compliance-

case analysis rate accountability-business and ecology. Corporate Social Responsibility-

Provisions in Companies Act 2013- Corporate crimes-company and society relations-

corporate social challenges-corporate accountability-business and ecology-case analysis.

Module 4:

http://www.icai.org/

http://www.dca.gov.in/


Corporate Governance in India: Legislative Framework- Under Listing Agrement- clause

49, SEBI guidelines, Companies Act 1956. ICSI initiative in ensuring good corporate

governance.Reforming BOD- Birla Committee- Naresh Chandra Committee-

Narayanamurthy committee-Audit committee-Corporate governance code-The future

scenario-case studies.

References:

1. Business ethics by L.P. Hartman, Tata McGrawhill.

2. Corporate management and Accountability by L.C. Gupta (McMillan Institute for

FM and Research, Chennai-1974)

3. Business and society by Keith Davis (McGraw Hill)

4. Corporate governance, principles, mechanisms and practice- Parthasarthy

5. Corporate governance; global concepts and practices- Dr. S. Singh

6. Corporate governance; ethics and social responsibility- V. Balachandran, V

Chandrasekaran

7. Corporate governance- Satheesh Kumar

******

M.Com I SEMESTER

Title: FINANCIAL MANAGEMENT

1.Course Description:

Financial management is a functional area in general management. This subject is

focusing on introduction, scope and importance of financial management, investment

decisions, capital structure decisions, dividend decisions and working capital

management.


Candidates will be able to understand financial management concepts and its

important functions taking into account other relevant financial issues.

3. Pedagogy:

Students must work out assigned individual topics, present seminars and participate in

case studies or group discussions.

4. Course Contents:

Module 1:

Introduction: Meaning, Scope, functions and importance of Financial Management.

Approaches to Financial Management. Corporate Objectives - Profit Maximization and

Wealth Maximization, Drawbacks of profit maximization and Favourable arguments for

wealth maximization. Concept of Cash Flow and Time value of money- case studies.

Module 2:

Capital Budgeting Decisions: Need and importance of capital budgeting, Methods of

Capital Budgeting of Evaluation – Discounted Pay-back period, Accounting rate of return,


Net present value, Internal rate of return, Multiple IRRs. Capital rationing. Risk and

Uncertainly in Capital Budgeting- case studies.

Module 3:

Capital Structure and Cost of Capital : Meaning of capital structure, Optimum Capital

Structure - Objectives of capital structure, Forms of capital structure. Factors Determining

Capital Structure and Capital Structure Theories. Meaning and Importance of cost of capital,

Computation of Cost of Capital - Cost of equity, Cost of debt, Cost of preference share

capital, Cost of retained earnings, Measurement of overall cost of capital- case studies.

Module 4: Working Capital Management: Meaning, concept and types of Working

Capital, Factors Determining Working Capital Requirements, Sources of Working Capital.

Inventory Management - Economic order quantity (EOQ). Cash Management - Motives for

holding cash. Cash management models - Baumol and Miller Orr Models. Receivables

Management- case studies.

References:

1. Pandey, I.M. financial Management, Vikas Publishing House, New Delhi.

2. Khan M.Y. and Jain P.K. Financial Management, Tata McGraw Hill, New Delhi.

3. Kotrappa G. Investment Decision Making, Deep &Deep Publishing House, New

Delhi.

4. Chandra, Prasanna; Financial Management TMH, New Delhi.

5. 5. V K Bhalla, Financial Management and Policy: Text and Cases, Annual Publishers,

2002.

6. Financial management; principles and practice- Sudhindra Bhatt

7. Financial management; theory and practice- Prasanna Chandra

M.Com I SEMESTER

Title: MARKETING MANAGEMENT

1. Course Description: This course provides the coverage of marketing concepts, marketing in 21

st Century,

marketing environment, and market oriented strategic planning, E- commerce, online

marketing.

2. Course objective:

The subject is designed to give insights to the students about the applications of

marketing concepts in business to business marketing scenario as it is different from

consumer marketing due to some inherent characters. As industrial or business

marketing is emerging as one of the major employment provider, the subject needs a

special attention.

3. Pedagogy:

The subject matter will be presented through lecture, class discussion, student

presentation, guest lectures and laboratory experiences.


4. Course Contents:

Module 1:

Basics of marketing Management: Marketing concepts, nature scope and importance of

marketing, marketing myopia, concept of value-value chain, customer satisfaction, the

marketing environment scanning. Indian business environment and MNC’s in India.

marketing in 21st century – e-commerce, advantages and disadvantages of direct marketing

and online marketing- case studies.

Module 2:

Marketing Environment & consumer behavior: macro and micro components and their

impact on marketing decisions; Market segmentation and positioning; Buyer behavior;

consumer versus organizational buyers; Consumer decision making process. Theories of

Collective Consciousness, Theories of Social Status, Theories of Perception, Indifference

Preference Theory- case studies.

Module 3:

Marketing strategies and product decisions: Defining the Mission, Defining SBUs,

assigning resources to SBUs, Contents of a Marketing Plan. Product and product lines,

Product life cycle, product differentiation and positioning- case studies.

Module 4:

Pricing, distribution and promotion decisions: Factors affecting price determination;

Pricing policies and strategies; Discounts and rebates. Nature, functions, and types of

distribution channels; Distribution channel intermediaries; Channel management decisions;

Retailing and wholesaling. Communication Process; Promotion mix – advertising, personal

selling, sales promotion, publicity and public relations; Sales promotion – tools and

techniques- case studies.

References:

1. Philip Kotler, Marketing Management, PHI , New Delhi.

2. RajanSaxena, Marketing Management, TMH , New Delhi.

3. Stanton, Fundamentals of Marketing, TMH, New Delhi.

4. Gandhi, marketing: A Managerial introduction, TMH, New Delhi.

5. Marketing management- S. Ramesh, C.S Jayanthi Prasad

6. Marketing management; text and cases- Tapan K. Panda

7. Marketing management; concepts and cases- S.A Sherlekar, R. Krishnamoorthy.

*******

M.Com I SEMESTER

Title: BUSINESS POLICY AND ENVIRONMENT



This course provides the coverage of business as a social system, internal and external

environment, business ethics, social responsibility and business policy.


The objective of this course is to provide the student the knowledge about human resources,

their significance and managing them in organisations

3. Pedagogy:

Teaching method comprises of lecture sessions and tutorials. Lecture sessions focus on

providing conceptual understanding and analytical setting for select aspects of the course

content.

4. Course Contents:

Module 1:

Introduction: Business in a social system; business and economic system; Business

objectives; internal environment and external environment- case studies.

Module 2:

Business Ethics: Principles of Business Ethics; Doctrine of trusteeship; unethical practices;

good ethics and good business. Social responsibility of business; Doctrine of social

responsibility: Rationale of social responsibility; control of monopoly and restrictive and

unfair trade practices- case studies.

Module 3:

Business Environment: Business in a social system-internal environment or business-

external environment- Economic- political- socio-cultural-technological environment –case

studies- case studies.

Module 4:

Business Policy: Importance of business policy-essentials of business policy-classification or

business policy-Production policy-personnel policy- Financial policy-Marketing Policy-case

studies- case studies.

References:

1. Business policy and strategic management- Tokyo, McGraw hill

2. Strategic Management-Text and Cases- V.S.P. Rao and V. Harikrishna

3. Strategic Management- AzarKazmi

4. Strategic Management-Francis Cherunillam

5. Strategic Management- Subba Rao.

******


M.Com I SEMESTER

Title: STATISTICS FOR BUSINESS DECISIONS


The course comprises of probability theories, sampling techniques, time series

analysis and multivariate analysis.


The aim of this course is to enable a student to have knowledge about application of

probability theory and sampling in different areas of commerce, time series analysis

and application of multiple correlation and regression analysis.

3. Pedagogy:

Class room teaching of basic statistical models shall be followed by solving problems

involving business applications. Assigned problems are to be worked on an

individual basis, followed by group discussion of case problems.

4. Course Contents:

Module 1:

Probability: Meaning, terminology, types and rules. Random variables and use of expected

value in decision making. Binomial, Poisson and Normal probability distributions- their

characteristics and applications in business decisions- case studies.

Module 2:

Sampling: Meaning of sample and population. Probability and non-probability methods of

sampling. Use of random digits to choose random samples. Sampling from normal and non-

normal populations. The Central limit theorem. Use of sampling in business decisions- case

studies.

Module 3:

Time Series Analysis : Variations in time series. Cyclical, seasonal and irregular variations.

Trend analysis. Application of time series analysis in forecasting- case studies.

Module 4:

Multivariate Analysis: Multiple regression and correlation analysis. Analysis of Variance.

Application of multivariate analysis in business decisions. Using Statistical Package for

Social Sciences (SPSS) to solve problems- case studies.

References:

1. Sanchetti and Kapoor: “Statistics”

2. Statistics for managerial decision making- Dr. S.K Khandelwal

3. Richard Livin and David Robin: “Statistics for Management’’

4. Statistics for management- Anand Sharma

5. Statistics for management- T.N Srivastava, Shailaja Rao


M.Com II SEMESTER

Title: FINANCIAL MARKET INSTRUMENTS


Financial markets in recent times are flooded with new and innovative instruments

enhancing vibrancy and volume of Financial markets. Every advanced programme in

commerce should consist of a course in analysis and evaluation of various instruments

traded in financial markets today.


The course intended to equip students an opportunity to understand:

1. Comprehend the role of financial markets

2. Evaluate the various financial markets instruments.

3. The basics of new instruments like futures and options.

3. Pedagogy:

Teaching method comprises of lecture sessions and tutorials. Lecture sessions focus

on providing conceptual understanding and analytical setting for select aspects of the

course content.

4. Course Contents:

Module 1:

Overview of Financial System Financial system structure and its functions. Financial

markets and their economic functions. Financial markets structure - Financial instruments -

Classification of financial markets. SEBI & RBI Regulations on financial markets- case

studies.

Module 2:

Money Market and Capital Market Instruments :Money market – Concept, importance

and its instruments - Treasury bills, Commercial papers, Certificates of deposit, interbank market

loans. Capital market - Concept, importance and its instruments – Shares and its types,

Debentures and bonds, CD’s. Valuation of Shares and bonds- case studies.

Module 3:

Derivatives market Derivatives contracts – Concept and its importance in risk management.

Types of derivative contracts – Forwards and Futures – Basic features –Classification of

Futures market - Role of Futures Market. Options – Concept features and Types of options

contracts - Options payoff Diagrams. Swaps –Meaning and its types – Currency swaps –

Interest Rate Swaps- case studies.


Module 4:

Resource mobilisation in international markets :International capital market instruments –

ADR and GDR – Concept, Basic features, importance and procedure for issue. ECB and

FCCB’s - Concept, Basic features & importance. Guidelines relating to international issues-

recent trends- case studies.

References:

1. Risk Management – Insurance and Derivatives – By G.Kotreshwar (HPH)

2. Financial Derivatives – By Gupta (PHI)

3. Investment and securities markets in India- V.A Avadhani

4. Futures and Options – By Edwards and Ma (McGraw Hill)

5. Financial Instruments and markets- L.M Bhole, Jitendra Mahakud

6. Financial derivatives- G. Kotreshwar

****

M.Com II SEMESTER

Title: HUMAN RESOURCE MANAGEMENT

1. Course Descriptions:

This course provides the coverage of concept of HRM, Human resources planning and

procurement, human resource development and compensation and rewards system.

2. Course Objective:

The objective of this course is to provide the student the knowledge about human resources,

their significance and managing them in organisations.

3. Pedagogy:



content.

4. Course Contents:

Module 1:

Environmental Context: New economic policy and changing business-technological –socio-

economic and political and legal environment, structural reforms and their implications for

HRM in India-Response of the management-worker and unions to structural reforms and

their implications for HRM in India- Concepts of human resource management-Meaning-

Objectives-Scope and functions-Perspective of HRM: linking corporate strategies and

policies with HRM Organization of HRM department- case studies.


Module 2:

Employment of Human Resources: Human resource planning- objectives of human

resource planning, human resource planning at different levels. Concept of Job analysis -job

description-job specification -job rotation and job enrichment. Recruitment-meaning-

recruitment policy, sources –factors affecting selection decision-selection procedure. Human

resource information system. Socialization- process of socialization- different socialization

strategies- case studies.

Module 3:

Management and development of human resources: Managing careers- concept of career-

elements of career planning programme. Meaning- concepts of HRD- objectives of training-

organization of training programmers- methods- advantages and limitations of training.

Significance of reward system in business organization. Compensation system in practice-

performance appraisal- performance appraisal methods- case studies.

Module 4:

Employee relations: Grievance handling- concept- causes of grievance- steps in grievance

redressal procedure. Trade union- concept- types of trade unions- issues in trade unions.

Collective bargaining concept- collective bargaining process- case studies.

References:

1. Human Resource Management -Dr.Ashwathappa

2. Human Resource Management- Prof. P.K Gupta

3. Personnel Management - Edwin Phillip

4. Human Resources Management—L.M. Prasad

5. Human Resource Development- Dr. Nagaraju Bhattu

6. Essentials of Human Resource Management and Industrial Relations- P. Subba Rao

****

M.Com II SEMESTER

Title: ORGANISATIONAL BEHAVIOUR


This course provides the coverage of scope of OB, different contributing discipline to

OB, foundational of individual behavior, motivational theories and foundations of

group behavior


The objective of this course is to provide the student the knowledge about

organisations, their constitution and the behaviour of people in organisations.

3. Pedagogy:



content.

4. Course Contents


Module1:

Introduction: Meaning-Definitions and scope of organisational behaviour – Fundamental

Concepts of OB – Key elements of OB: people-Organisational structure-technology and

environment - Contributing Disciplines to OB-Psychology-Sociology-social psychology-

Anthropology- Political science-OB and Management-Comparative roles in organisation-

Formal and Informal organisation - Case studies.

Module 2:

Foundations of Individual Behaviour: Biological Characteristics-Age-Sex-Marital Status-

Number of Dependents-Tenure-Ability-Intellectual Abilities- Physical Abilities-The Ability-

Job fit personality-personality determinants-Personality Traits-Major Personality Attributes

influencing OB-Matching personality and Jobs-learning –Theories of learning shaping-

Values, attitudes, and Job satisfaction: Importance of Values-Sources of Value system-

Sources and types of Attitudes-case studies.

Module 3:

Foundations of group behaviour: Defining and classifying groups- formal and informal

groups; group process-group tasks-cohesive groups-group dynamics-Leadership-nature and

importance-functions styles- Communication: Nature and Types-Effective communication-

Roles of Formal and Informal communication-Conflict management-The process of conflict-

Types of conflict -Functional and Dysfunctional conflict-Resolution of conflict-Case studies.

Module 4:

Motivation: The concept of Motivation-Early Theories of Motivation-Hierarchy of Needs

theory, Theory X and Theory Y, Hygiene theory-Contemporary theories of motivation-ERG

Theory, Three needs theory, Cognitive evaluation theory, Goal setting theory, Vroom’s

Expectancy theory –case studies.

References:

1. OrganisationalBehaviour: Concept, Theory and Practice-Nirmal Singh

2. Organisation Theory and Behaviour - V S P Rao and PS Narayana

3. OrganisationalBehaviour - Niraj Kumar

4. OrganisationalBehaviour – K. Aswathappa

5. Management of organisational change –Harigopal

6. Organisational Behaviour- M.N Mishra

7. Organisational Behaviour; Text and Cases- Uma Sekaran

*****


M.Com II SEMESTER

Title: COMPUTER APPLICATIONS IN COMMERCE


This course is designed to provide knowledge and skills in computer applications in

commerce. It focuses on computer applications in Accounting, Finance, Taxation, Statistics

and Operations Research.


The objective of the course is to enable to students to understand online trading, online

banking, online submission of income tax and indirect tax returns. Tally and XBRL

applications in Accounting.SPSS applications in statistical analysis.

3. Pedagogy:

Lectures, assignments, presentation, case analysis, online demonstrations and computer

practicals

4. Course Contents:

Module 1:

Computer Applications in Financial Accounting: Features of Tally ERP.9. Setting up a

new company and creating Masters in Tally.ERP9. Data Management, security levels and

controls. Technological advantages of Tally.ERP9.Evolution and features of extensible

Business Reporting Language (XBRL).XBRL Taxonomy of Ministry of Corporate Affairs.

Filling of Financial statements using XBRL Software.

Module 2:

Computer Applications in Financial Management and Taxation: Using MS Excel to

solve financial management problems- Present Value, Future Value, NPV etc. Online

Trading of Securities.Online Banking.Filing of Online Application for PAN and TAN. Online

submission of Income Tax Returns and TDS Return. E-filing of indirect taxes return.

Module 3:

Computer Applications in Statistical Analysis :Features of SPSS. Creating files and data

entry in SPSS.Preparation of frequency tables and graphs. Computation and interpretation of

Mean, Standard Deviation, Standard Error, Simple and multiple correlation, regression.

Analysis of variance.t-Test, Chi-Square Test.

Module 4:

Computer Applications in Operations Research: Mathematical formulation of Linear

Programming and IntegerProgramming problems and solving them using computer

software.

Computer Lab Practicals:

1. Computation of Present value, future value, Net Present Value using MS Excel.


2. Filing of online application for PAN, TAN.

3. Online submission of Income Tax Returns and Indirect Tax Returns.

4. Online Banking

5. Online Trading.

6. Completing accounting cycle using Tally ERP 9.

7. Online submission of Financial Statements using XBRL

8. Computation of descriptive statistics, correlation, regression using SPSS.

9. Solving Linear Programming and Integer Programming problems.

References:

1. Tally.ERP 9 Essentials, 2009, Tally Solutions Pvt. Ltd.

2. www.xbrl.org.

3. www.iasb.org.

4. www.spss.org

5. www.rbi.org.

6. www.incometax.india.gov.in.

7. www.xbrl.icai.org.

8. www.mca.gov.in

9. www.icai.org.

******

M.Com II SEMESTER

Title: STRATEGIC MANAGEMENTS


This course provides the coverage of concept of strategic management, vision, mission and

purpose of business definition, strategic analysis and choice strategic implementation and

evaluation.


Apart from general management, strategic management is acquiring importance in the

business due to the increased competition. Students of commerce will have to have the

knowledge of strategic management. With this objective of this course is introduced to the

students at post-graduate level.

3. Pedagogy:



content.


4. Course Contents:

Module 1:

Strategic Management - An Introduction - Concept of strategic management -

Characteristics of strategic management - Defining strategy, Strategy formulation -

Stakeholders in business - Vision, mission and purpose - Business definition, objectives and

goals - Environmental appraisal - Types of strategies - Guidelines for crafting successful

business strategies, Tailoring strategy to fit specific industry- case studies.

Module 2:

Strategic Analysis and Choice - Environmental Threat and Opportunity Profile(ETOP) -

Organizational Capability Profile - Strategic Advantage Profile – Corporate Portfolio

Analysis - SWOT Analysis - Synergy and Dysergy – GAP Analysis - Porter's Five Forces

Model of competition - McKinsey's 7s Framework - GE 9 Cell Model - Distinctive

competitiveness - Selection of matrix.- case studies.

Module 3:

Strategy Implementation: Issues in implementation - Project implementation – Procedural

implementation - Resource Allocation - Budgets - Organization Structure - Matching

structure and strategy - Behavioural issues - Leadership style - Corporate culture - Values -

Power - Social responsibilities – Ethics- case studies.

Module 4:

Strategy Evaluation - Importance - Symptoms of malfunctioning of strategy - Organization

anarchies - Operations Control and Strategic Control - Measurement of performance -

Analyzing variances - Role of organizational systems in evaluation,. New Business Models

and strategies for Internet Economy - Shaping characteristics of E-Commerce environment -

E-Commerce Business Model and Strategies - Internet Strategies for Traditional Business -

Key success factors in E-Commerce- case studies.

References:

1. Business policy and strategic management- Tokyo, McGraw hill

2. Strategic Management-Text and Cases- V.S.P. Rao and V. Harikrishna

3. Strategic Management-AzarKazmi

4. Strategic Management-Francis Cherunillam

5. Strategic Management- SubbaRao

6. Strategic Planning Formulation of Corporate Strategy - Ramaswamy

7. Management Policy and Strategic Management (Concepts, Skills and Practices) -

R.M.Shrivastava

8. Strategic Management and Business Policy- C. Appa Rao

9. Strategic Management- Dr. S.P Singh


M.Com III SEMESTER

Title: BUSINESS RESEARCH METHODS


This course provides the coverage of business research methods, ethical issues in

business research methods, research process, data collection methods, designing of

questionnaire and various statistical tools like univariate and bivariate analysis


The course is envisaged to provide the student the knowledge and skill related to

conduct of research related to business. This basic course familiarizes the student

with the technicalities of executing a research assignment, in particular the applied

research domain.

3. Pedagogy:

The lecture sessions focus on providing conceptual understanding and analytical

setting for select aspects of the course content. This session focuses on student

involved and student driven content study. Identified groups of students make

presentations and interact with both the faculty and the other students. The aspects

reinforced through lecture and tutorial is taken up for practical study. Here the

students would undertake field exercises related to different aspects of the course

content.

4. Course Content:

Module 1:

Introduction: Objectives and Role of Business Research–Distinct Features of Business

Research-Theoretical Setting for Business Research–Ethical Issues in Business Research-

case studies.

Module 2:

Research Process: Developing a Research Proposal–Exploratory Research and Qualitative

Analysis–Sources of Data- Methods of data collection–Techniques of Communicating with

Respondents- case studies.

Module 3:

Managing Research Assignment: Questionnaire Design-Sampling and Fieldwork

Techniques-Measurement and Scaling Concepts-Attitude Measurement- case studies.

Module 4:

Data Processing, analysis and Presentation- Coding, tabulation, data presentation and

inferences from sample data. Designing and testing of hypothesis-Application of Univariate,

Bivariate and Multivariate methods of Statistical Analysis- Methods of Business Research-

Report Writing- Language- Referencing- Bibliography- case studies.


References:

1. Research for Development: A Practical Guide, Sophie Laws, VISTAAR Publications

2. Methodology in Social Research, Parthanath Mukherjee, Sage Publications

3. Business Research Methods- Naval Bajpai

4. Business Research Methodology- T.N Srivastava, Shailaja Rao

5. Research Methods for Business- Umasekaran and Roger Bougie

****

M.Com III SEMESTER

Title: INTERNATIONAL BUSINESS


This course provides the coverage of international marketing, international trade,

international- global sourcing, international business environment, multinational

corporations and India in the global setting.


This specialization course on International Business is designed to equip the student

with policy and practice skills related to international business. Upon completing this

course, the student will be able to understand the intricacies of running business

across the political territories. He/She would also get an insight in to the policy

environment in India regarding the international business.

3. Pedagogy:

The course would be taught under LTP method. The lecture sessions are designed to

be interactive with the student expected to come prepared with basic reading

suggested before every session. The tutorial sessions are basically group exercises

with each designated group handling a prescribed module for presentation and

interaction, in a three-way interactive process. It basically involves preparing field

reports and presenting them for plenary discussions.

4. Course Contents:

Module 1:

Introduction: International Marketing-Trends in International Trade-Reasons for

Going International- theories of international trade-theory of absolute advantage-

theory of comparative advantage- Heckscher-ohlin theory-Trade barriers. Global

Sourcing and Production Sharing-International Orientations-Internationalization

Stages and Orientations-Growing Economic Power of Developing Countries-

International Business Decision-Case Studies.

Module 2:

International Business Environment: Trading Environment-Commodity

Agreements-Castes-State Trading-Trading Blocks and Growing Intra-Regional Trade-


Other Regional Groupings-SAARC-GATT/WTO and Trade Liberalization-The

Uruguay Round-Evaluation- UNCTAD-DOHA ROUND- Case Studies.

Module 3:

Multinational Corporations: Definition-Organizational Structures-Dominance of

MNC’s-Recent Trends-Code of Conduct-Multinationals in India-Case Studies.

Module 4:

India in the Global Setting: India an Emerging Market-India in the Global Trade-

Liberalization and Integration with Global Economy-Obstacles in Globalization-

Factors Favoring Globalization-Globalization Strategies. Trade Policy and Regulation

in India: Trade Strategies-Trade Strategy of India-Export-Import Policy-Regulation

and Promotion of Foreign Trade in India-Case studies.

References:

1. Chadha.G.K : WTO and Indian Economy

2. G.S.Batra &R.C.Dangwal : International Business : New Trends

3. Francis Cherunilam: International Business

4. Charles Hill: International Business

5. Rathod: Export Management

6. Justin Paul: International Business

*****

M.Com III SEMESTER

Title: MANAGEMENT OF NONPROFIT ORGANISATIONS


This course provides the coverage of non-profit enterprises, accounting and finance in

the non-profit organizations, human resource management in non-profit organization

and governance and professionalism in NPO


This is an introductory course designed to give the student basic inputs related to

management of nonprofit organizations. The place of nonprofit sector vis-à-vis State

and Business and different functional dimensions of professionally managing the

nonprofit organizations are introduced to the students.

3. Pedagogy:

In the LTP framework the Lecture sessions focus on building conceptual clarity and

providing basic information on the nature and role of nonprofit sector. The

reinforcement through Tutorial sessions focus on group exercises related to Indian


nonprofit sector. Practical exercises involve field reports by students, both at

individual and group levels.

4. Course Contents:

Module 1:

The World of Non-Profit Enterprises – third sector, nonprofits sector, social enterprises;

Economic, Sociological and Structural theories of nonprofits; Contemporary role of

nonprofits; Nonprofits vis-à-vis State and Business- case studies.

Module 2:

Accounting & Finance – Financial reporting in nonprofits; Distinct needs of nonprofit

accounting; Sources of funds and their implications; Basic tenets of fund management in

nonprofits- case studies.

Module 3:

Human Resource Management – Volunteers & Staff, Critical issues of compensation,

quality and retention, Training and development, Incentives and Motivation-case studies.

Module 4:

Governance and Professionalism– Governance process and Board role; Credibility and

legitimacy issues; Professionalism, Productivity and measurement of quality- case studies.

References:

1. NGO Management, Michael Edwards & Allan Fowler (Eds), Earthscan

2. Global Civil Society: Dimensions of the Non-Profit Sector,LesterSolamon& Helmut

Anheier, John Hopkins Centre for Civil Society, Baltimore

3. Helmut Anheier, The Nonprofit Sector, Routledge

4. The Third Sector, Jacques & Jose L. Monzon Campos (Eds), De Boeck.

*****

M.Com III SEMESTER

Title: SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT


Portfolio analysis and management is a course in financial management. This includes

portfolio investment analysis, risk analysis and optimal combinations of securities

which lead to create effective return on investment.


Candidates will be able to apply appropriate portfolio decisions and recommend

relevant methods of evaluation techniques taking into account other factors affecting

investment decisions.


3. Pedagogy:

Students must work out assigned individual topics, present seminars and participate in

case studies or group discussions.

4. Course contents:

Module 1:

Concept of Investment and Measurement of risk :Meaning, characteristics and objectives

of investment, Types of investors. Investment v/s speculation. Risk – Meaning, elements and

types and its measurement- case studies.

Module 2:

Techniques of Securities analysis : Meaning of fundamental analysis. Economic analysis –

economic factors and economic life cycle. Industry analysis – Concept of industry and

industry life cycle. Company analysis – Share valuation modules and pricing of bonds and

bond duration. Technical analysis – Meaning, uses and basic principles of technical analysis.

Efficient Market Hypothesis - Random walk theory, forms of market efficiency – Weak, semi

strong and strong- case studies.

Module 3:

Portfolio Analysis and selection:Meaning of portfolio analysis and its importance – Risk

and Return calculation of portfolios. Portfolio selection – selection of optimal portfolio –

Measuring security return and risk using Single index model and multiple index model.

CAPM – Pricing of securities using CAPM- case studies.

Module 4:

Portfolio Revision & Evaluation :Meaning, need and constraints of Portfolio revision.

Portfolio evaluation – Meaning and its need. Measuring portfolio return using Sharpe and

Treynor ratio and Jensen measure- case studies.

References:

1. Security Analysis and Portfolio Management – V. A. Avdhani

2. Financial Engineering: A complete guide to financial innovation – Marshal / Bansal

3. Security Analysis and Portfolio Management- Kevin

4. Investment Management- V.K Bhalla

5. Investement Management- V.A Avadhani

6. Security Analysis and Portfolio Management- Dr. Suyash N. Bhatt


M.Com III SEMESTER ELECTIVE GROUPS

GROUP A: BUSINESS TAXATION

PAPER-1 . Title: INDIRECT TAX LAW AND PRACTICE


This paper is to educate the students regarding the importance of the indirect taxes in

the Indian economy. The role of indirect taxes by comparing it with direct taxes.


1. To understand the importance of indirect taxes in the Indian economy

2. To know the impact, shifting and incidence process of indirect taxes from

manufacturer to consumer

3. To understand the implications of indirect taxes on the taxable capacity of the society

at large.

4. To compare the relevance of excise and customs duties, to calculate the assessable

value and incidence of tax.

5. Practical assessment of tax burden.

6. As a tax consultant the students must comprehend company tax planning and

payment of tax.

7. To make the students to understand the concept of indirect tax with the multi

dimension as a tax consultant and tax authority

3. Pedagogy:

1. Lecture

2. Tutorial

3. case study

4. Course Contents:

Module 1:

Introduction: Constitutional Provision for Indian tax system, structure of Indian tax system.

Public finance, public expenditure and public revenue. Principles and objectives of taxations

in the modern welfare government system. Different types of taxes, methods of taxations, tax

reforms and recent tax reforms committees and its recommendations- case studies.

Module 2

Excise Duty: Basis of Duty Payable- determination of Assessable Value-Transaction Value

as Assessable Value-Inclusions in and Exclusions Excise Duty on Small Scale Industries.

Concept of value added tax Cascading Effect of Taxes CENVAT, CENVAT on Inputs-

CENVAT on Capital Goods- Dealers’ and Exemptions from Excise Duty and its

administration- case studies.


Module 3:

Customs Duty: Customs Act, 1962 and Rules, regulations ,Circulars and Notifications;

Customs Tariff Act, 1975 and the related Rules. Principles governing levy of customs duty,

types of customs duties. Basic principles of classification of goods and valuation of goods,

customs authorities, prohibition on importation and exportation of goods, special provisions

regarding baggage, goods imported or exported by post, and stores. Duty drawback-types of

duty drawback, duty drawback on re-export- case studies.

Module-4:

Service Tax :Scope of Service Tax-Taxable Service- Administration of the Act-Exemptions

from Service Tax-Rate of Service Tax- Computation of Service Tax in Case of Advertising

Agency Services: Banking and Financial Services-General Insurance Services-Telephone and

Pager Services-Tour Operating Services- case studies.

References:

1. V.S.Datey - Indirect Taxes- Law and Practice

2. Karnataka VAT Manuals

3. Vinod K. Singania - Service Tax

4. Bare Acts of Excise, VAT, CENVAT

5. Indirect Taxes- H.C Mehrotra, S.P Goyal

******

M.Com III SEMESTER ELECTIVE GROUPS

GROUP B: MANAGEMENT ACCOUNTING

PAPER-1 . Title: MARGINAL COSTING AND DECISION MAKING


This course provides the coverage of concept of cost behavior analysis, break even

analysis, multi product break even analysis, graphs, marginal costing and managerial

decisions and direct costing.


The course in marginal costing and decision making is aimed at equipping the

students with the knowledge and skill relating to marginal costing as a tool for

evaluating a wide range of managerial decisions involving make-or-buy, pricing,

export offers, temporary short-term of operations, discontinuance of a product line,

etc,.

3. Pedagogy:


presentation, assignment writing and tests. Solving problems and evaluating decisions


involving the financial and cost data of selected firms will be integral part of

instruction

4. Course Contents:

Module 1:

Meaning- terminology- Scope & Concepts- Cost Behavior Analysis- Break Even Analysis-

Approaches of Break Even Analysis in relation to cost & revenue. Factors- Multi-product

Break Even Analysis- Assumptions Underlying Break Even Analysis- Limitations of Break

Even Analysis- Case Studies.

Module 2:

Contribution Concepts & Sort term Profitability Analysis: Profitability Analysis under

Constrained Conditions- Profit- Volume Ratio & its Uses- Profit Volume Graphs – Case

Studies.

Module 3:

Marginal Costing & Managerial Decisions: Profit Planning- Pricing Decision – Production

Decision – Make and Buy Decision Joint & By-product Decision – Distribution Cost

Analysis- Case Studies.

Module 4:

Direct Costing: Meaning- Importance & Preparation of income statements- Comparison with

Absorption Costing- Arguments in Favour of Direct Costing- Criticisms of Direct Costing.

Value Analysis & Value Engineering: Basic Concept of Value- Constitution of a Value

Analysis Team-Procedures Underlying Value Analysis Study- Benefits From & Resistance to

Value Analysis Study- Reporting to Management- Objectives of Reporting- Reporting Needs

of Different Management Levels- Types of Reports- General Principles of Reporting- Modes

of Reporting- Reports to the Board of Directors- Reports to Top Management- Reporting to

top Divisional Management- Reports to Junior Management Level- Preparation of Reports-

use of Reports by Management- Case Studies.

References:

1. M.R.S. Murthy : Cost Analysis for Management Decisions, Tata McGraw Hill

2. M.Y Khan, P.K Jain: Management Accounting; theory and problems

3. Lal Jawajar: Advanced Management Accounting; Text and Cases

4. Patankar, Sanjay Nirali: Management Accounting

5. S.P Jain and K.L Narang: Cost and Management Accounting

6. Dr. Mahesh Kulkarni: Management Accounting


M.Com IV SEMESTER

Title: INTERNATIONAL ACCOUNTING


This course is designed to provide a deeper understanding of international accounting issues

related to global financial reporting. It focuses on major diversities and challenges of

financial reporting in the global arena, harmonization and international financial reporting

standards. It also covers accounting for foreign currency transactions and major translation

methods. It focuses on main issues in international financial statement analysis.


The aim of this course to provide knowledge and skills to the students on areas of accounting

at international level and to bring attitudinal changes to meet challenges and issues of

international accounting.

3. Pedagogy:

Method of instruction consists of lectures, analysis of international financial statements,

group discussions, seminar presentations, writing assignments and tests. Reading and analysis

of annual reports of multi-national organisations will be integral part of instruction.

4. Course Contents:

Module 1:

International Financial Reporting: Definition and scope of international accounting. Main

causes of diversity in international financial reporting. International Accounting

Harmonization and Standardization. Role of IASB, IFAC, IOSCO, and U.N. International

Financial Reporting Standards. IFRS adoption or convergence in countries around the

world.Case study analysis.

Module 2:

Accounting for Foreign Exchange Rate Fluctuations: An overview of foreign currency

markets and exchange rates. Accounting for spot and forward foreign currency transactions.

Foreign currency translation methods- current rate method, current/non-current method,

monetary/non-monetary method and temporal method. IFRS on foreign currency exchange

accounting. Problems and Case study analysis.

Module 3:

International Transfer Pricing: Evolution,meaning and objectives of transfer pricing.

Major stakeholders affected by transfer pricing policies. Transfer pricing methods. Problems

and Case study analysis.

Module 4:

XBRL for International Financial Reporting: Framework of extensible Business

Reporting Language (XBRL). IFRS Taxonomy. Role of XBRL International in adoption of

XBRL in different countries around the world. XBRL adoption in India.Case study analysis.


References:

1. International Accounting by ShirinRathore, Prentice-Hall of India, New Delhi

2. Comparative International Accounting by Christopher Nubs and Robert Parker,

Pearson Education Asia, New Delhi.

3. International Accounting by A.K.DasMohapatra, Prentice-Hall of India, New Delhi

4. The Economic Times, The Business Line and Financial Express daily papers.

5. Journals on International Accounting.

6. Internet Sources; www.iasb.org. www.worldbank.org. www.unctad.org. etc,.

7. Xbrl.org

****

M.Com IV SEMESTER

Title: MERGERS AND ACQUISITIONS

Course Description:

This course provides the coverage of motives for Mergers and Acquisitions, theories of

Mergers and Acquisitions, methods of Valuation of firms and Mergers and Acquisitions in

India.


The aim of this course is to enable a student to have knowledge about Mergers and

Acquisitions in India and to know the motives of firms behind such Mergers and

Acquisitions.

2. Pedagogy:

Lecture, tutorial and practical method of teaching will be used for delivering the course with

a focus on case study analysis.

3. Course Contents:

Module 1:

An overview of Mergers and Acquisitions: Motives for and various forms of Mergers and

Acquisitions. Theories of Mergers and Acquisitions- case studies.

Module 2:

Methods of Valuation of Firms: Approaches to Valuation- Role of Valuation- Discounted

Cash Flow Model- Equity Valuation Model- Firm Valuation Model- Comparable Company

Approach Option- Pricing Method- Chasing the Right Valuation Method- case studies.

Module 3:

Mergers and Acquisitions in India: Recent Mergers and Acquisitions in India. Future

scenario. Evaluation of pre- merger and post-merger performance of merged or acquired

entities. SEBI regulations governing Mergers and Acquisitions in India- case studies.

Module 4:

International Mergers and Acquisitions: Motives for various forms of International

Mergers and Acquisitions. Regulatory issues in cross-border Mergers and Acquisitions.

http://www.iasb.org/

http://www.worldbank.org/

http://www.unctad.org/


Evaluation of pre- merger and post-merger performance of cross-border merged or acquired

entities- case studies.

References:

1. Weston: “ Mergers, Restructuring and Corporate Control”- Prentice Hall India

2. Venkateshwaran: “ towards and Indian Market for Corporate Control”- Vikalpa

3. Kaveri V.S: “ Financial Analysis of Company Mergers in India”- Himalaya Publishing

House.

4. Mergers and Acquisitions- Kamal Ghosh Ray

5. Taxmann’s Financial Management- Ravi M. Kishore

*****

M.Com IV SEMESTER

Title: PROJECT WORK

A student in the fourth semester shall register for a Project Work which is optional. It carries

4 credits. Work load for Project Work tutorial class is 1 hour per batch of 6 students per

week for the teacher. The student shall do field work and library work in the remaining 3

hours per week.

Continuous assessment criteria for major project work include:

Component-I(C 1): Periodic Progress and Progress Reports – 15 Marks

Component- II(C 2): Results of Work and Draft Report – 15 Marks.

Component-III (C3): Final Viva-voce and Project Report Evaluation- 70 Marks.

The Project Report evaluation is for 50 Marks and the Viva –Voce examination is for 20

Marks.

****

M.Com IV SEMESTER

Title: INTERNATIONAL FINANCIAL MANAGEMENT

1.Course Description: As there has been a significant increase in multinational corporate

activities; multinational finance is an added dimension of every advanced course in the area

of finance. Hence this course has been designed to highlight the important finance functions

of an MNC operating in India.

2. Course Objective: to enable students to understand the reasons, problems in internal

finance management, foreign currency management, modes of payment, source of finance

available etc as far as MNC operations/ firms concerned

3. Pedagogy:


The lecture sessions focus on providing conceptual understanding and analytical setting for

select aspects of the course content. This session focuses on student involved and student

driven content study. Identified groups of students make presentations and interact with both

the faculty and the other students. The aspects reinforced through lecture and tutorial is taken

up for practical study. Here the students would undertake field exercises related to different

aspects of the course content.

4. Course Contents:

Module 1:

Environment of International Financial Management: Introduction- Multinational

Enterprise and MNC financial management- Foreign Exchange Market- Determination of

Exchange Rates – International Monetary System- Balance of Payments and International

Economic Linkages- Parity Conditions- case studies.

Module 2:

Financing foreign operations- International financing and International Financial Markets-

Special Financing Vehicles- Designing a global financing strategy- case studies.

Module 3:

MNC Investment- Analysis- International Portfolio Investment- foreign Direct Investment-

Capital budgeting for the MNC- The cost of capital for the foreign investments- management

of political risk- International Tax Planning- case studies.

Module 4:

Foreign Exchange Risk Management: Principles of Exposure Management- Foreign

exchange rate- Determinants of foreign exchange rate. Foreign exchange exposure- types of

exposures- internal and external techniques of exposure management- case studies.

References:

1. Shapir, Multinational Financial Management, Prentice-Hall of India

2. Weston and Brigham, Managerial Finances

3. Buckly, International Capital Budgeting- Prentice- Hall, India

4. Buckley, International Finance- Prentice Hall, India

5. International financial management- V. Sharan

6. International financial management- V.S Somanath

*****

M.Com IV SEMESTER

Title: INTERNATIONAL HUMAN RESOURCES MANAGEMENT

1.Course Objective:

The course is envisaged to provide the student the knowledge related to management of

human resources in business enterprises. This course familiarizes the student with various

facets of human resources and their management.


2. Pedagogy:



content.

3. Course Contents:

Module 1:

Nature of international Human Resource Management (HRM)-approaches to HRM-

differences between domestic HRM and IHRM- case studies.

Module 2:

Human Resource Planning in HRM:recruitment and selection-issues in staff selection of

expatriates. Training and development-expatriate training-developing international staff and

multinational teams- case studies.

Module 3:

Performance Management: Factors associated with individual performance and appraisal

criteria used for performance appraisal of international employees –appraisal of host country

nationals. Compensation-objectives of international compensation-approaches of

international c compensation- case studies.

Module 4:

Expatriate Failure: Causes of failure, Repatriation-Repatriation process. Labor relations-

Key issues in international relations –strategic choices before firms-strategic choices before

unions-union tactics- case studies.

References:

1. Burl Dabler and standing, world class supply management-Tata McGraw Hill.

2. International Human Resource Management- Dr. P. Subba Rao

3. International HRM, S C Gupta, Publisher-Mac Millan.

4. International Human Resource Management, Chris Rees and Tony Edwards-Perarson

publications.

5. International Human Resource Management; Text and cases- P.L Rao

6. A.V Phatak; International Dimensions of Management, Cincinnati, South Western

College

*****


M.Com IV SEMESTER ELECTIVE GROUPS

GROUP A: BUSINESS TAXATION

PAPER-2 . Title: CORPORATE TAX LAW AND PLANNING


This course isfocus on different heads of income, taxable in the hands of companies,

computation of grass total income, deduction, exemptions, set off and carry forward of loss.

Tax planning relating to various managerial decisions for reducing the tax burden, allocation

of investments, and maximize the company wealth. As a tax consultant of the corporate tax

laws of the company to give advice to the drawing officers regarding TDS, advance payment

of tax and remittances of tax, for his employees.

2. course objective:

After study this paper the students are able to interact with the followings:

1. Understand the incidence of based on residential status of the companies.

2. Understand the deferent types of companies under corporate income tax act.

3. To known the deferent sources of income for corporate assesses.

4. To educate as a manger of a company/as tax consultant how reduce the tax burden and

maximize the company wealth.

5. Understand the impudence of tax planning with various managerial decisions.

6. They must be able understand his role as tax consultant for a company relating TDS,

Advance payment of Tax, remittance of corporate income tax.

3. Pedagogy:

The course content is covered class room lecture, remedial class for non tax students,

student’s seminar, case discussion, and work out the problem on the company problems as

student, as consultant and as a tax authority and also visiting company and tax office for

practical exposure.

4. Course Contents:

Module 1:

Introduction- Definition of Company- types of Companies- Indian Company, Domestic

Company, Foreign Company, Widely Held Company, Closely Held Company- Residential

Status of a Company and Incidence of tax. An overview of Double Taxation Agreement-

meaning and implications- case studies.

Module 2:

Computation of Taxable income of companies- Computation of table income under

different heads of income-House property, Profit and gain from business or profession,

Capital gain and income other sources, carry forward and set off of losses in case of

companies. Deduction from Gross Total income.Minimum Alternative Tax- case studies.


Module 3:

Tax Planning- Tax avoidance and tax evasion.Tax planning with corporate dividend,

Dividend policy- bonus shares. Tax planning with reference to specific managerial decisions-

Make or Buy, Own or Lease, Purchase by installment or by Hire, Repair, Replace, Renewal

or Renovation, shout down or continue- case studies.

Module 4:

Procedure for assessment- Deduction of Tax at Source and remittance of tax, Advance

payment of Tax, Tax returns, refunds appeals and revision, Duties and responsibilities of

TDS officer, Preparation and issue of FORM-16 and FORM-C- case studies.

References:

1. Direct Taxes- Dr.H.C. Mehrotra and Dr.S.P.GoyalSahityaBhavan New Delhi.

2. Direct Taxes law and practice- Bhagavathi Prasad, VishvaPrakashana, New Delhi.

3. Direct Taxes Aggarval P.K “Tax Planning for Companies” Hind Law Publishers,

New Delhi.

4. Corporate Tax Planning and Management, Lakhotia, Vision Publishers.

5. Taxman’s Direct Tax Laws and Practice, Dr.Vinod K Singhania and KapilSingania

Taxman’s Publications(p)Ltd., New Delhi.

******

M.Com IV SEMESTER ELECTIVE GROUPS

GROUP B: MANAGEMENT ACCOUNTING

PAPER-2 . Title: TOOLS AND TECHNIQUES OF CONTROL

1.Course Descriptions:

This course provides the coverage of budgetary control, types of budgets, standard costing,

variance analysis, uniform and inter-firm comparison


The course is aimed at helping the students to:

1. Understand the scope and need for cost control.

2. Familiarize themselves with the basic management accounting tools like standard

costing, budgetary control, activity based costing, value analysis, etc.,

3. Understand the role of cost audit and management audit in achieving cost efficiency.

3. Pedagogy:


presentation, assignment writing and tests. Analysis and evaluation of scope for cost

reduction involving the value engineering and ABC activities of selected firms will be

integral part of instruction.


4. Course Contents:

Module 1:

Budgetary Control: Objectives of Budgetary Control-Preparation of the Budget-Functional

Budgets-Sales Budgets-Production Budget-Cost Budget-Plant Utilization Budget Capital

Expenditure Budget-Selling & Distribution Cost Budget-Purchasing Budget & Cost Budget-

The Master Budget-Operation of Budgetary Control-Flexible Budgetary Control-Zero-Base

Budgeting-Case Studies.

Module 2:

Standard Costing: Objectives-Principles-Determination of Standards for Material-Labor-

Direct Expenses & Overhead Costs-Variable and Fixed Costs-Case Studies.

Module 3:Variance Analyses: Material, Labor, and Overhead Variances-sales & Profit

Variances-Disposition of Variances-Assessing the Significance of Standard Cost Variance-

Standard Cost Accounting-Case Studies.

Module 4:

Uniform Costing &Inter firm Comparisons: Objectives and Purposes Underlying

Uniform Costing-Development of Uniform Costing-Cost Audit-Meaning & Definition-

Inclusion of Clause B to Sec.208 to Sub Sec. (d) to Sec. 209-Indian Companies Act 1956-

Appointment of Cost-Cost Audit Programme- Records Relating to Materials-Labor

Overhead-Depreciation-Stores & Spare Parts-Work-in-progress and Incomplete Contracts-

Cost Auditor’s Report-Application of Cost Audit Report Rules, 1963-Sachar Committee’s

Report. Management Audit: Meaning & Definition-objectives & Criticisms-Types of Audits-

Arguments for & Against Management Audit-Social Audit-Steps Underlying Social Audit

Programme- Social Audit Report-Limitations of Social Audits-Case Studies.

References:

1. M.R.S. Murthy : Cost Analysis for Management Decisions, Tata McGraw Hill

2. M.Y Khan, P.K Jain: Management Accounting; theory and problems

3. Lal Jawajar: Advanced Management Accounting; Text and Cases

4. Patankar, Sanjay Nirali: Management Accounting

5. S.P Jain and K.L Narang: Cost and Management Accounting

6. Dr. Mahesh Kulkarni: Management Accounting

*****


OPEN ELECTIVE TO OTHER DEPARTMENTS

Title: PERSONALITY DEVELOPMENT

1. Course Descriptions: This course provides the coverage of the basics of personality,

communication skills, leadership skills and various techniques in personality development.

2. Course Objective:The objective of this course is to enable students to understand the

need for personality development in the context of globalization and to help them work

towards achieving it.

3. Pedagogy:Teaching method comprises of lecture sessions and tutorials. Lecture sessions

focus on providing conceptual understanding and analytical setting for select aspects of the

course content.

4 .Course contents.

Module-1:Introduction: Behaviour, model of behaviour, causation in behaviour, individual

differences. Attitudes, Perception, Learning.Basics of Personality - Human growth and

Behavior - Theories in Personality - Motivation – Theories of Motivation – Maslow’s Need

hierarchy theory, Theory X and Theory Y. Preparation of self introduction- case studies.

Module-2:Communication skills and Personality Development: Communication -

definition, meaning. Process of communication. Communication barriers and overcoming

these barriers, requirements of effective communication. Listening, Building self- esteem

and self-confidence. Inter- personal communication – working on attitude i.e., aggressive,

assertive and submissive- case studies.

Module-3:Techniques in Personality development I: Groups- formal and informal,

Leadership Skills - Team Building and public speaking - Body Language - Self confidence -

Goal setting - Time Management and effective planning- case studies.

Module-4:Techniques in Personality Development II: Stress Management- causes, impact

and managing stress - concentration techniques. Conflict management. Time management-

concept – importance & need – steps towards better time management- case studies.

References:

1.Personality Development by Rajiv K. Mishra. Rupa & Co.

2. Stress Management by Dr. Satish Pai, Dr. S Ravishankar

3. Organisational Behaviour by Dr. C B Gupta.

4. Organisational Behaviour- M.N Mishra

5. Human Resource Management- Prof. P.K Gupta

*****

OPEN ELECTIVE TO OTHER DEPARTMENTS

Title: RETAIL BANKING

1.Course Description:This course is designed to provide a basic understanding of Personal

Banking. It focuses on functions of banks, banker and customer relationship, Opening of

bank accounts and their operations, bank deposits and loans and banking technology.


2. Course Objectives: The aim of this course is to acquire knowledge various functions

associated with banking, principles and practices/procedures relating to deposits and loans,

and banking technology.

3. Pedagogy:Method of instruction consists of lectures, case study design and analysis, group

discussions, seminar presentation, writing assignments and tests. Interaction with customers

of banks, managers and employees of banks.

4.Course Contents:

Module 1:Functions of Banks: Functions of Reserve Bank of India, Commercial Banks,

Private Sector Banks, and Grameena Banks- case studies.

Module 2:Banker and Customer Relationship: Know your Customer [KYC] guidelines-

Opening of different bank accounts and procedures for their operations- case studies.

Module 3:Bank Deposits and Loans: Different Deposit and Loan Products of Banks, Rate

of Interest- Fixed and Floating, Documentation Procedures- case studies.

Module 4: Banking Technology: Electronic Banking, Core Banking Technology, Debit and

Credit Cards, ATMs- case studies.

References:

1. Machiraju, H.R., Indian Financial System, Vikas, New Delhi.

2. Verma, J.C. Merchant Banking, TMH, New Delhi.

3. Mithani and Gordeon, Banking Theory and Practice, Himalaya, Bombay.

4. Bhole, L.B., Financial Institutions and Markets, TMH, New Delhi.

5. Banking Law and Practice- P.K Srivastava

revised syllabus...2015/07/17 · st. philomena’s college (autonomous) mysore. m. com., syllabus...

Documents