DEPARTMENT OF BUSINESS ADMINISTRATION,

COMAL UNIVERSITY, DERA ISMAIL KIIAN.

COST & MANAGERIAL ACCOUNTING

MBA-Exe II TERM Marks:80

INTRODUCTION:
Nature & Scope of Cost Accounting Accounting: The frame for planning and controlling management
activities Concepts, Uses and Classification of cost Cost of Goods Sold and Income Statement.

REFERENCE:

Matz & Usry, “Cost Accounting”, 7th Ed., Ch. 2&3, pp. 7-10, 39-52 (including Exercises 1-11 &
Prob. 2.1 to 2.3 and 2.5 to 2.7 of Ch.2 & Exercises 4-9 & Prob. 3.1 & 3.2 of Ch.3)

JOB ORDER COSTING:

rhe manufacturing cost accounting cycle - Job order cost accumulation procedures for materials, labor,
factory overhead, job completed and product sold The Job Order Cost Sheet.
REFERENCE:
Matz & Usry, “Cost Accounting”, 7th Ed., Ch. 5, pp. 70,93-104, (including Exercises 2&3, &
Prob. 5.1, 5.3 and 5.4)
DEPARTMENTALIZATION:
Departmentalization Concept Producing and Service Departments Direct and Indirect Departmental
Charges Proration of service department cost to producing departments Establishing Departmental
overhead rates.
REFERENCE:
J
Matz & Usry, “Cost Accounting”, 7th Ed., Ch. 10, pp.235-250,(including Exercises 4,5,7, 9-11.
& Prob. 10.1, and 10.7 of Ch. 10)

LABOR COST CONTROL:

Basic for labor cost control- Measuring efficiency and labor cost- Performance report- Procedures for
labor costing- Incentive Wage System: Straight price work. 100% bonus plan, Group bonus system,
Measured Daywork Plan.
(Theoretical Discussion including Ex. 2-4 & 6, Prob. 1&5 of ch. 14)

MATERIALS COST CONTROL.

Cost of acquiring materials- Costing materials into production Adjustment for departures from the costing
method used-Transfer of materials cost to finished production-Accounting for scrap,
waste, spoiled materials and defective work- Control classifications: ABC method, EOQ, Average method.
(Theoretical discussion including Ex: 1-14, Prob. 1-3&6 of Ch. 12 and Ex. 1-5, 8&9 and Prob. 1
only of Ch. 13)

FLEXIBLE BUDGET.

Objectives of budgetary control-Capacity and Volume- Setting up to the flexible budget-Flexible budget of a
service department-flexible marketing and administrative budget-Planning and budgeting for non-
manufacturing and non-profit organization-Budget building and human behavior.
(Theoretical discussion including Ex.2-6 and Prob. 2 only of Ch. 18, exclusive of the theoretical discussion as
well as Ex. and Prob. on Statistical Correlation Analysis and Methods).

STANDARD COSTING.
Definition & types of standard costs - Purposes of standard costs -Setting standards-Materials, Labor, and
Factory Overhead Costs standards-Mix & Yield variances-Managerial usefulness of variance analysis.
(Theoretical discussion including Ex:l-13 & Prob. 2 &9 of Ch. 19)

BREAK EVEN AND COST-VOLUMK-PROFIT ANALYSIS.

The nature of break-even analysis-Applying cost-volume-profit analysis- The fallacy of total cost analysis-
The break-even chart.
(Theoretical discussion including Ex.1-18 and Prob.1-4 and 12,13 only of Ch. of 24)

TEXT BOOK.
Adolph Matz, Milton F. Usry, “COST ACCOUNTING, PLANNING & CONTROL”, 7™ Edition.
 DEPARTMENT OF BUSINESS ADMN, GOMAL UNIVERSITY, DIKHAN.
FINANCIAL MANAGEMENT
MBA-Exc 2nd TERM

INTRODUCTION .

The Dimension of Financial Management.

Financial Management in Decision-making.
Objectives of Financial Manager.
Functions of Financial Manager.

REFERENCE: Flink Solomon, J. and Grawnwald Donal.

Financial Management, pp. 3-23

MANAGEMENT OF WORKING CAPITAL.

Meaning of Working Capital.

Working Capital Cycle Sources of Working Capital.
Determinants of the size of Working Capital.
Reasons for in-adequacy of Working Capital.
Uses of Working Capital.

REFERENCE : Kennedy Ralph D and Mullon Steart Y Mc,

Financial Statement Analysis, Forms, Analysis and Interception, 6th Ed.,
pp. 261-274

MANAGEMENT PF CASH.

Meaning of Cash and Near-Cash.

Nature of Cash Flow.
Factors influencing the changes in changes balances.
Managing cash efficiently.
Balancing alternative uses of cash.

REFERENCE: Johnson Robert W., Financial Management,

4lh Edition, pp. 87-105.

MANAGEMENT OF ACCOUNTS RECEIVABLE.

Forms of Receivables.
Objective in the Management of the investment in receivables. Major determinants of the size of
the investment in receivables. Controlling acquisition of receivables.
Policing the collection of outstanding credits.
Evaluating Management of receivables.

REFERENCES: 1. Hunt, William, Donaldson, Basic Business Finance,

4,h Edition, pp. 45-50.
 2. Johnson Robert W., Financial Management, 4th Ed., pp. 111- 126.
DEPARTMENT OF BUSINESS ADMINISTRATION,
GOMAL UNIVERSITY, DERA ISMAIL KHAN .
MBA-Exe 2 nd Term

MARKETING THEORY AND MANAGEMENT

CHAPTER 1. INTRODUCTION.

Definition.
Importance of Marketing in the Modern Business.
Marketing Management philosophies.
Career opportunities in marketing profession.
Consumerism vs. environmentalism. (Green Marketing)
Marketing Challenges in the new millennium

CHAPTER 2 ON LINE MARKETING AND E-COMMERCE

Meanings
Growth of on line marketing On line consumer
Benefits of On line marketing for consumer and for marketer

CHAPTER 3 DATA BASE MARKETING/DIRECT MARKETING

What is direct marketing?

Benefits of Direct Marketing
Mass Marketing vs One to One Marketing
Customer Data base Marketing
Forms of Direct Marketing Communication
l ace to Face Selling
Direct Mail
Direct Response Television Marketing
KIOSK Marketing
Catalogue Marketing
Tele Marketing

CHAPTER 4, MARKET SEGMENTATION

Introduction to Market Segmentation

Benefits of market segmentation.
Bases for Segmenting consumer markets.

CHAPTER 5. PRODUCTS AN1) ITYS CLASSIFICATION

Meaning of product.
Classification of product.
Stages of product development, product Image building factors
CHAPTER 6. AN INTRODUCTION TO PRICING.
What is price?
Pricing objectives.
Skimming the cream price policy.
Penetration price policy.
Concept of distribution/placement.

CHAPTER 7. THE MARKETING COMMUNICATION MIX

Definition of Marketing Communication

Short Summary of tools of total communication mix
Advertising (Definition / Types).

TEXT BOOK.

f undamentals of marketing by william j. Stanton(l 1th edit)

Reference book.

Principles of marketing (8th edit) by gary armstrong)

 DEPARTMENT OF BUSINESS ADMINISTRATION,
COMAL UNIVERSITY, DERA ISMAIL KHAN.

FINANCIAL STATEMENTS ANALYSIS

M.B.A -Exe(2 nd TERM)
INTRODUCTION.

Financial Statements: their nature and importance- Construction and contents of Financial Statements.
Different groups interested in Financial Statements and the nature of information required by each group-
Accounting Concepts and Principles Limitations of Financial Statements.

ANALYSING AND INTERPRETING FINANCIAL STATEMENTS.

Nature of interpretation and analysis- Need for analysis Standard of Comparison Recasting
Financial statements- Tools of analysis.

COMPARATIVE FINANCIAL STATEMENTS.

Comparative Balance Sheet, Income Statement and Statement of Retained Earnings and their interpretation-
Trend percentage. Computation and Evaluation- Common-size Statement: Computation and interpretation
Statement of variation in net income and gross profit-Statement of changes in financial position.

CURRENT POSITION ANALYSIS.

Working Capital Working Capital ratio- Quick ratio. Relationship of current assets to total assets-
Relationship of individual current assets to total current assets-Relationship of current liabilities to total
liabilities-Relationship of individual current liabilities to total current liabilities. Receivable Turnover-
Inventory Turnover Working Capital Turnover-Current Assets Turnover -A. P. Turnover.

STABILITY ANALYSIS.

Ratio of owner equity to total assets-Ratio of owner equity to fixed assets-Ratio of owners equity to total
liabilities-Ratio of fixed assets to long term liabilities-Ratio of total assets to total liabilities- Ratio of sales to
fixed assets-Ratio of sales to owners equity-Number of times bond interest requirements were earned-Number
of times Preferred Stock Dividend requirements were earned-Book value per share.

PROFITABILITY ANALYSIS.
Gross profit to sales percentage-Net profit to sales percentage-Net profit to owners equity-Nct profit to total
assets- Operating ratio-Cost of Goods Sold to sales percentage- Ratio of operating income to net sales-
Ratio of net sales to total operating assets-Earning per sale.

OVERALL VALUATION AND ASSESSMENT.

 Prince/Earning Ratio- Yield on Common Stock- Interpretation of analysis- Precautions in the
application of analysis.

RECOMMENDED BOOKS.
Kennedy & Mc.ullen, “FINANCIAL STATEMENTS”, 6™ EDITION.
 DEPARTMENT OF BUSINESS ADMN,
GOMAL UNIVERSITY, DERA ISMAIL KHAN.
METHODS IN BUSINESS RESEARCH.

M.B.A-Exe (II ND TERM)

INTRODUCTION.
Research: definition and characteristics-Steps in research Forms: Basic research, Applied research,
Action research.

RESEARCH PROBLEM.
Nature-Sources-Selection and analysis-Formulation of Statement Defining concepts and
operationalization Determining the feasibility of the project.

HYPOTHESES.
Definition and importance-Sources and types-Characteristics of Hypotheses.

SAMPLING.

Definition-Importance-Random Sampling-Stratified samples-Area or cluster samples-Systematic samples-

Nonprobability samples.

RESEARCH DESIGNS.
Descriptive studies & its kinds-Historical studies Experimental studies-Variable in experimental
studies.

DATA COLLECTION.
Observation Interviews-Interview schedules-Questionnaire-Second-hand data.

ANALYSIS AND INTERPRETATION OF DATA AND REPORT WRITING.

First page of the report- Presentation of date-Editing 0 Modes of Interpretation- Bibliography and foot-notes,
data analysis. Measurement of central tendency, Measurement of dispersion. Hypothesis Testing, Bavaria data
analysis, Linear Correlation, Simple Regression, The Chi-Square Test, The Cross-Tabular Tables, Elaboration
of relationships, Multivariate data analysis: Interdependence Methods, Factor analysis, Cluster analysis,
multidimensional analysis, Multivariate data analysis: Dependence methods, Multiple Regressions, Analysis
of Variance & Covariance, Discriminate analysis.
Research Project Proposal: Rationale for the study defining the problem, Research Objectives, Information
needs, Research design. Data collection procedure, Data processing & analysis, Research Team and its
profile. Budget. Time Table
TEXT BOOKS.
Saif,m.i., “the basic of research process”
Recommended books.
Goode & halt, “methods in social research”.
Kerlinger, fred n., “foundations of behavioral research”. Moser,c.a., “survey methods in
social investigation”. Lourchoff.r.. “the design of social research”.
Yound,p.v., “scientific socail surveys”.
Claire, settiz, “research methods in social relations”.
Best, john w., “research in education”, 5th edition.
 DEPARTMENT OF BUSINESS ADMINISTRATION,
COMAL UNIVERSITY, DERA ISMAIL KIIAN.

HUMAN RESOURCE MANAGEMENT

M.B.A-Exe (II ND TERM)

INTRODUCTION.

Definition of Personnel Management-I’he Personnel function.

(pp.75-91)
JOB DESIGN AND ANALYSIS.
Job design- Job information and personnel management-Analysing jobs (obtaining job information) Job
description and specifications- Administration of Job analysis program.
(pp. 194-210)

RECRUITMENT AND SELECTION.

Reasons for human resources planning-The planning process Recruitment and selection policy issues-Sources
of people-The selection process.
(pp.219-250)
SELECTION, TESTING AND INTERVIEWING.
Fundamental Guidance to testing Testing concept- Developing a testing program-Types of tests-The selection
Interview.
(pp.251-285)
PERFORMANCE APPRAISAL.
Basic consideration in appraisal- Appraisal methods-Appraisal and personal development- Management by
Objective (MBO).
(pp.311-341)
PROMOTION, TRANSFER, LAY-OFF AND DISCHARGE.
Promotion-'Transfer-Lay-off and Recall-Demotion, Termination and Discharge.
(pp.343-369)
TRAINING.
Training in the Organization-The Learning process-Training methods-Training programs- Evaluation of
Training efforts.
(pp.371-398)
TEXT BOOKS.
BEACH, DALE S., “PERSONNEL:The Management of People at work’',