ASSUMPTION COLLEGE

Autonomous Reaccredited by NAAC with ‘A’ Grade Changanacherry

Affiliated to Mahatma Gandhi University , Kottayam

RESTRUCTURED SYLLABUS FOR POST-GRADUATE PROGRAMME

IN

COMMERCE (M COM)

UNDER CHOICE BASED CREDIT SYSTEM

2017 Admission onwards

 ASSUMPTION COLLEGE (AUTONOMOUS), CHANGANACHERRY
DEPARTMENT OF COMMERCE&DEPARTMENT OF BUSINESS STUDIES
BOARD OF STUDIES

1. Dr Job Joseph M Com M Phil Ph. D Chairman

Course Co-ordinator.
Department of Commerce,
Assumption College
2. Smt. Siji Thomas M Com , M Phil, B Ed HOD-Commerce
Dept of Commerce
Assumption College
3. Smt Lolitha N MBA PGDT B Ed HOD- Business Studies
Department of Business Studies,
Assumption College
4. Dr. B Harilal , M Com , M Phil, Ph D Member
Course Co-ordinator. Dept. of Business Studies
Assumption College
5. Dr Antony Joseph, M Com MPhil, Ph D Subject Expert

Department of Commerce,
St Berchmans Autonomous College
Changanacherry
6. Dr .B Gopakumar, M Com Ph. D Subject Expert

Associate professor,
Department of Commerce
N S S College
Pandalam

7. Prof. Sooraj S, Subject Expert

Assistant Professor,
Department of Business Administration,
SAS SNDP Yogam College, Konni, Pathanamthitta.

8. Mr.Prem Sebastian Antony FCA Industry Expert

Thomas & Associates,
Business & Finance Solutions,
Changanacherry
 9. Prof. Binu M Job Member
Associate Professor ,
Department of Commerce,
St Berchmans College

ASSUMPTION COLLEGE (AUTONOMOUS), CHANGANACHERRY

FACULTY MEMBERS WHO HAVE CONTRIBUTED TOWARDS CURRICULUM AND
SYLLABI FOR B COM, BBA & M COM

Faculty of Commerce

1. Dr Job Joseph M Com M Phil Ph. D( Course Co-ordinator ) Department of Commerce, Assumption
College( Autonomous)
2. Smt. Siji Thomas M Com M Phil B Ed ( HOD) Department of Commerce, Assumption College(
Autonomous)
3. Smt Sincy Kuriakose M Com B Ed Department of Commerce, Assumption College
( Autonomous)
4. Smt Jincy Jacob M Com M Ed, Department of Commerce, Assumption College( Autonomous)
5. Smt. Varsha Varghese M Com B Ed , Department of Commerce, Assumption College
( Autonomous)
6. Ms Thara Ann Thomas M Com, M BA Department of Commerce, Assumption College
( Autonomous)
7. Ms Anu Kuruvilla M Com Department of Commerce, Assumption College( Autonomous)
8. Ms Binta Elizebeth Thomas M Com, Department of Commerce, Assumption College
( Autonomous)
9. Ms Reshma Raju M Com MBA , Department of Commerce, Assumption College( Autonomous)
10. Ms Sneha Mary Zacharias M Com , Department of Commerce, Assumption College( Autonomous)
11. Ms Reenu Sebastian M Com MBA, Department of Commerce, Assumption College( Autonomous)
12. Smt Seena S M Com M Ed PGDM, , Department of Commerce, Assumption College( Autonomous)

Faculty of Business Studies

1. Dr B Harilal(M Com M Phil MBA Ph. D ( Course Co-ordinator ) Department of Business Studies ,
Assumption College( Autonomous)
2. Smt Lolitha N MBA PGDT B Ed (HOD) Department of Business Studies , Assumption College
( Autonomous)
3. Smt Elma George MBA Department of Business Studies , Assumption College( Autonomous)
4. Smt Vijayalakshmi P M Sc ( Maths) MPhil Department of Business Studies , Assumption College(
Autonomous)
5. Smt Blessy Maria Joseph MBA Department of Business Studies , Assumption College( Autonomous)
6. Mis Vidhyasree V M Sc (Microbiology) MBA Department of Business Studies , Assumption
College( Autonomous)
 ASSUMPTION COLLEGE (AUTONOMOUS), CHANGANACHERRY

MINUTES OF THE MEETING OF BOARD OF STUDIES IN COMMERCE HELD AT ASSUMPTION

COLLEGE, CHANGANACHERRY, ON 15-12-2016

Assumption College (Autonomous) conducted the meeting of Board of Studies in

Commerce as per the guidelines of UGC on 15-12-2016 at 10.30 a.m.
The following members attended the meeting:
1. Dr Job Joseph M Com M Phil Ph. D Chairman
Course Co-ordinator.
Department of Commerce,
Assumption College
2. Smt. Siji Thomas M Com , M Phil, B Ed HOD-Commerce
Dept of Commerce
Assumption College
3. Smt Lolitha N MBA PGDT B Ed HOD- Business Studies
Department of Business Studies,
Assumption College
4. Dr. B Harilal , M Com , M Phil, Ph D Member
Course Co-ordinator. Dept. of Business Studies
Assumption College
5. Dr Antony Joseph, M Com MPhil, Ph D Subject Expert

Dept of Commerce, St Berchmans Autonomous College

Changanacherry
6. Dr .B Gopakumar, M Com Ph. D Subject Expert

Associate professor,
Departmen of Commerce
N S S College Pandalam

7. .Prof. Sooraj S, Subject Expert

Assistant Professor,
Department of Business Administration,
SAS SNDP Yogam College, Konni, Pathanamthitta.

8. Mr.Prem Sebastian Antony FCA , Industry Expert

Thomas & Associates,
Business & Finance Solutions,
Changanacherry Subject Expert
 9. Prof. Binu M Job Member
Associate Professor ,
Department of Commerce,
St Berchmans College
Dr Job Joseph, Chairman welcomed the members of board of studies. He also thanked the
members for their cooperation in formulating the syllabus and curriculum for B Com, BBA
and M Com for the admissions from 2017 onwards.
The meeting proceeded to the matters in Agenda.
ITEM 01/BOS/COM/16-01/01- Approval of the minutes of the previous Board of
Studies meeting held on 30/05/2015
The Board of Studies approved the minutes of the previous meeting held on 30/05/2015
ITEM 02/BOS/ COM/16.01/02- Course regulations and Syllabus approval for M. Com
Programme and recommendation of text books and books for reference.
The revised M Com Syllabus to be effective from 2017 admissions was discussed in detail
and approved. Decided to submit to the Academic Council. The Books recommended for
reference were approved.
ITEM 03/BOS/ COM/16.01/03- Course regulations and Syllabus approval for B Com
Programme and recommendation of text books and books for reference.
The revised B Com Syllabus (Finance& Taxation) and B Com Syllabus (Computer
Applications) to be effective from 2017 admissions were discussed in detail and approved.
Decided to submit to the Academic Council. The Books recommended for reference were
approved.
ITEM 04/BOS/ COM/16.01/04- Course regulations and Syllabus approval for B Com
Programme and recommendation of text books and books for reference.
The revised BBA Syllabus to be effective from 2017 admissions was discussed in detail and
approved. Decided to submit to the Academic Council. The Books recommended for
reference were approved.
ITEM 05/BOS/COM/16.01/05Approval of Panel of examiners for the second semester
(U.G and P.G) Examination.

The meeting approved the panel of the Examiners for Second Semester of both UG and PG
programmes. Decided to submit to the Academic council for the approval.
The meeting came to an end at 03:30 pm.
Read and confirmed.

Dr Job Joseph
Chairman

7. Dr Job Joseph M Com M Phil Ph. D Chairman Signed

Course Co-ordinator.
Department of Commerce,
Assumption College
8. Smt. Siji Thomas M Com , M Phil, B Ed HOD-Commerce Signed
Dept of Commerce
Assumption College
9. Smt Lolitha N MBA PGDT B Ed HOD- Business Studies Signed
Department of Business Studies,
Assumption College
10. Dr. B Harilal , M Com , M Phil, Ph D Member Signed
Course Co-ordinator. Dept. of Business Studies
Assumption College
11. Dr Antony Joseph, M Com MPhil, Ph D Subject Expert Signed

Dept of Commerce, St Berchmans Autonomous College

Changanacherry
12. Dr .B Gopakumar, M Com Ph. D Subject Expert Signed

Associate professor,
Departmen of Commerce
N S S College Pandalam

7. .Prof. Sooraj S, Subject Expert Signed

Assistant Professor,
Department of Business Administration,
SAS SNDP Yogam College, Konni, Pathanamthitta.

8. Mr.Prem Sebastian Antony FCA , Industry Expert Signed

Thomas & Associates,
Business & Finance Solutions,
Changanacherry Subject Expert
 9. Prof. Binu M Job Member Signed
Associate Professor ,
Department of Commerce,
St Berchmans College

CONTENTS

Sl.No Title Page No.

1 Preface

2 Acknowledgment

3 About the Programme

4 Regulations for Post Graduate Programme under Choice Based Credit

System 2017

5 Programme Structure and Syllabi of M Com ( Finance Stream)

6 Appendix

PREFACE

The aims of Higher Education can be achieved only through qualitative

changes in the curriculum. To meet the needs and requirement of the society and in order to
enhance the quality and standards of education, updating and re-structuring of the curriculum
must be a continuous process. This is more essential in an autonomous environment.

Commerce has been a versatile subject of study right from its beginning. A
continuous revision of the syllabi is required to make the subject socially relevant in the
present context of the fast developing economy of India. The employability of the students
also must be augmented.

The course contents of the programme have been updated as possible

within the guidelines prescribed by the University and the College. The professional content
of the programme has also been made as competitive as the changing business and economic
scenario in the country necessitates.

ASSUMPTION COLLEGE (AUTONOMOUS) CHANGANACHERRY

ACKNOWLEDGEMENT

We thank God, the Almighty, for His showers of blessings in the successful
completion of the syllabus in M Com. Programme.

The board of studies in Commerce expresses our deepest gratitude to the Patron of the
College His Grace Mar Joseph Perumthottam, Arch Bishop of Changanacherry for the moral
support and encouragement.

We place our special gratitude to Rev. Dr. James Palackal, our manager for
stimulating suggestions and encouragement and also for sharing his vision of Higher
Education.

We put on record our sincere thanks to the Honorable Vice Chancellor, Pro Vice Chancellor,
Registrar and the members of the syndicate and all the academic bodies of Mahatma Gandhi
University, for the guidance and help extended towards the college.

We acknowledge with much appreciation Rev. Dr. Amala SH, Principal, Assumption
College for her imparted enthusiasm and willingness to support in all the junctures of our
venture.
 We express our special gratitude to Rev. Sr. Cherukusumam CMC and Dr. Regimol C
Cherian, the Vice Principals of the college, for their stimulating suggestions and
encouragement.

We wish to express our sincere thanks to all the board of studies members for their
help and expert guidance rendered by them to restructure the syllabus. We are indebted to all
the subject experts for their helpful comments & suggestions.

Our heartfelt gratitude towards the Governing Council and Academic Council for
their support and motivation in this regard.

The Board of studies acknowledges the contribution of the faculty members of the
department for their contribution towards the curriculum and syllabus restructuring.

Dr Job Joseph M Com, M Phil, Ph. D

Chairman, Board of Studies in Commerce
Assumption College (Autonomous)

About M COM Programme

Commerce education plays a very important role in the changing world. It is the
most important driving force which leads to success in all sectors of economy. As a branch
of knowledge commerce education imparts experience of business world at large in all its
manifestations. Commerce education is that form of instruction which both directly and
indirectly prepares the aspirant for his calling. It is primarily meant for providing the students
in-depth knowledge of different functional areas of business so as to prepare them as required
by the community for the efficient functioning of service and industry.
Commerce is considered as one of the most popular career options all over the
world. After post-graduation in commerce, a student can opt for a career. The curriculum is
judiciously designed so as to equip the students with strong self-confidence to face the
challenges either in professional field or in employment market. The career options for a
Post graduate in commerce are Civil Services, Government Departments, Banking,
Insurances, Railways, Income Tax Department, Accounts Services, and Defence Services etc.
M.Com or Master of Commerce will help graduates after B.Com to develop in-depth
knowledge in areas like accounting and finance and a stepping stone to Teaching Profession.
 ASSUMPTION COLLEGE (AUTONOMOUS) CHANGANACHERRY

REGULATIONS FOR POST GRADUATE PROGRAMME IN COMMERCE

M COM (FINANCE STREAM)

UNDER CHOICE BASED CREDIT SYSTEM-2017.

1. SHORT TITLE

1.1 These Regulations shall be called Regulations for Post Graduate Programme in
Commerce (Elective- Finance) under the Choice Based Credit System 2017, Assumption
College, (Autonomous)
1.2 These Regulations shall come into force from the Academic Year 2017-2018 onwards.

2. SCOPE

2.1 The regulation provided herein shall apply to all Regular Post-Graduate programmes,
with effect from the academic year 2017-2018 admission onwards.

2.2 The provisions herein supersede all the existing regulations for the Regular
post-graduate programmes conducted by the College.

3. DEFINITIONS
3.1 Academic Committee means the Committee constituted by the Principal under this
regulation to monitor the running of the Post Graduate programmes under the Choice Based
Credit System.

3.2 College Coordinator is a teacher nominated by the College Council to co-ordinate the
continuous evaluation undertaken by various departments within the college. She shall be
nominated by the College Principal.
3.3 Course means a complete unit of learning which will be taught and evaluated within a
semester.
3.4 Credit (Cr) of a course is the numerical value assigned to a paper according to the
relative importance of the content as in the syllabus of the programme.
3.5CreditPoint (CP) of a course is the value obtained by multiplying the grade point (GP) by
the Credit (Cr) of the course CP=GP x Cr.

3.6 Cumulative Grade Point Average (CGPA) is the value obtained by dividing the sum of
credit points in all the courses taken by the student for the entire programme by the total
number of credits and shall be rounded off to two decimal places.

3.7 Department means any teaching Department in the College.

3.8 Department Council means the body of all teachers of a Department in a College.

3.9 Duration of Programme means the period of time required for the conduct of the
programme. The duration of post-graduate programmes shall be 4 semesters.
3.10 Evaluation means every course shall be evaluated by 20% internal assessment and 80%
external assessment.
3.11 Extra Credits are additional credits awarded to a student over and above the minimum
credits required for a programme for achievements in co-curricular activities carried out
outside the regular class hours as directed by the College.

3.12 Faculty Advisor is a teacher nominated by a Department Council to coordinate the

continuous evaluation and other academic activities undertaken in the Department.
3.13 Grace Marks means marks awarded to course/s, as per the UO’s issued from time to
time, in recognition of meritorious achievements in NCC/NSS/Sports/Arts and cultural
activities.
3.14 Letter Grade or simply ‘Grade’ in a course is a letter symbol (S, A, B, C, D, etc.)
which indicates the broad level of performance of a student in a course.
3.15 Each letter grade is assigned a ‘Grade point’ (GP) which is an integer indicating the
numerical equivalent of the broad level of performance of a student in a course.
3.16 Parent Department means the Department which offers a particular Post Graduate
programme.
3.17 Programme means the entire course of study and examinations.

3.18 Programme Credit means the total credit of the PG Programmes, i.e.; 80 credits.

3.19 Programme Core Course means a course that the student admitted to a particular
programme must successfully complete to receive the Degree and which cannot be
substituted by any other course.

3.20 Programme Elective Course means a course, which can be chosen from a list of
electives and a minimum number of courses, is required to complete the programme.

3.21 Programme Project means a regular project work with stated credits on which the
student undergoes a project under the supervision of a teacher in the parent department /
any appropriate Institute in order to submit a dissertation on the project work as
specified.

3.22 Plagiarism is the unreferenced use of other authors’ material in dissertations and is a
serious academic offence.

3.23 Repeat course is a course that is repeated by a student for having failed in that course
in an earlier registration.
3.24 Semester means a term consisting of 90 working days, inclusive of tutorials,
examination and other academic activities within a period of 6 months.
3.25 Semester Grade Point Average(SGPA) is the value obtained by dividing the sum of
credit points (CP) obtained by a student in the various courses taken in a semester by the
total number of credits taken by her in that semester. The grade points shall be rounded
off to two decimal places. SGPA determines the overall performance of a student at the
end of a semester.
3.26 Seminar means a lecture expected to train the student in advanced self-study, through
original contributions and discussions by availing (e) resources.
3.27 Tutorial means a class to provide an opportunity to interact with students at their
individual level to identify the strength and weakness of individual students.

3.28 University means Mahatma Gandhi University, Kottayam, Kerala.

3.29 Words and Expressions used and not defined in this regulation shall have the meaning
assigned to them in the Act and Statute of the University.
4. ACADEMIC COMMITTEE

4.1 There shall be an Academic Committee constituted by the Principal to manage and
monitor the working of the Regulations for Post Graduate Programmes under the
Choice Based Credit System 2017, Assumption College(Autonomous)
4.2 The Committee consists of
 (a) The Principal
(b) The Vice Principal
(c) The Controller of Examinations
(d) Two senior teachers from Commerce Department

4.3 There shall be a subcommittee nominated by the Principal to look after the day to day
affairs of the Regulations for Post Graduate Programmes under the Choice Based Credit
System 2017 programme.

5. PROGRAMME STRUCTURE
5.1 Students shall be admitted into M com Programme under the Department of Commerce

5.2 The programme shall include two types of courses, Programme Core (C) courses and
Programme Elective (E) Courses. There shall be a Programme Project/dissertation (D) to be
undertaken by all students. The programme will also include Assignments, Seminars,
Dissertation and Viva Voce.The elective courses are in fourth semester.
5.4 Project work
5.4.1 Project work shall be completed by working outside the regular teaching hours.

5.4.2 Project work shall be carried out under the supervision of a teacher in the concerned
department.

5.4.3. A candidate may, however, in certain cases be permitted to work on the project in an
industrial / Research Organization/ Institute on the recommendation of the Supervisor.

5.4.4 There should be an internal assessment and external assessment for the project work in
the ratio 1:4.
5.4.5 The external evaluation of the Project work is followed by presentation of work
including dissertation and Viva-Voce.

5.4.6 The mark and credit with grade awarded for the programme project should be entered in
the grade card issued by the College.

5.5. Assignments: Every student shall submit one assignment as an internal component for
every course.
5.6.Seminar Lecture: Every PG student shall deliver one seminar lecture as an internal
component for every course. The seminar lecture is expected to train the student in
 self-study, collection of relevant matter from the books and Internet resources, editing,
document writing, typing and presentation.
5.7 Every student shall undergo two class tests as an internal component for every course.
5.8 The attendance of students for each course shall be another component of internal
assessment.
5.9 Comprehensive Viva-Voce shall be conducted at the end semester of the programme
which covers questions from all courses in the programme.

6. ATTENDANCE

6.1 The minimum requirement of aggregate attendance during a semester for appearing at the
end semester examination shall be 75%. Condonation of shortage of attendance to a
maximum of 10 days in a semester subject to a maximum of two times during the whole
period of Post Graduate programme may be granted by the College.

6.2 If a student represents her institution, University, State or Nation in Sports, NCC,
NSS or Cultural or any other officially sponsored activities such as College Union /
University Union activities, she shall be eligible to claim the attendance for the actual
number of days participated subject to a maximum of 10 days in a Semester based on
the specific recommendations of the Head of the Department and Principal of the
College concerned.

6.3 A student who does not satisfy the requirements of attendance shall not be permitted
to take the end Semester examinations.
6.4 Those students who are not eligible even with condonation of shortage of attendance
shall repeat the course along with the next batch.
7. BOARD OF STUDIES AND COURSES

7.1 The Board of Studies in Commerce shall design all the courses offered in the M Com
programme. The Boards shall design and introduce new courses, modify or re-design existing
courses and replace any existing courses with new/modified courses to facilitate better
exposure and training for the students.

7.2 The syllabus of a course shall include the title of the course, contact hours, the number of
credits and reference materials.
 7.3 Each course shall have an alpha numeric code number which includes abbreviation of
the subject in two letters, the semester number, the code of the course and the serial
number of the course (‘C’ for Programme Core course, ‘E’ for Programme Elective
course, ‘O’ for Open Elective course, ‘P’ for Practical and ‘D’ for Project/
Dissertation and ‘V’ for comprehensive Viva voce.)

7.4 The Programme conducted under Choice Based Credit System shall be monitored by
the College Council.

8. REGISTRATION.

8.1 A student shall be permitted to register for the programme at the time of admission. The

duration of the M Com Programme shall be 4 semesters.

8.2 A student who has registered for the course shall complete the course within a period of

eight continuous semesters from the date of commencement of the programme.

9. ADMISSION

9.1 The admission to M Com programme shall be as per the rules and regulations of the
University.
9.2 Separate rank lists shall be drawn up for reserved seats as per the existing rules.

9.3 The college shall make available to all students admitted a prospectus listing all the
courses offered including programme elective during a particular semester. The
information provided shall contain title of the course and credits of the course.

10. ADMISSION REQUIREMENTS

10.1 Candidates for admission to the first semester of the M Com programme through
CBCS shall be required to have passed B Com/ BBA Degree Examination of
Mahatma Gandhi University as specified or any other examination of any recognized
University or authority accepted by the Academic Council of Mahatma Gandhi
University as equivalent thereto.

10.2 The candidate must forward the enrolment form to the Controller of
Examinations of the College through the Head of the Institution, in which she is
 currently studying.

10.3 The candidate has to register all the courses prescribed for the particular semester.
Cancellation of registration is applicable only when the request is made within two
weeks from the time of admission.
10.4 Students admitted under this programme are governed by the Regulations in force.

11. PROMOTION
A student who registers for the end semester examination shall be promoted to the next
semester.
12 EXAMINATIONS
12.1 There shall be examination at the end of each semester.

12.2 The answers must be written in English except for those coming under Faculty of
languages.

12.3 Project evaluation and Comprehensive Viva -Voce shall be conducted at the end of the
programme only. Project evaluation and Comprehensive Viva-Voce shall be conducted
by two external examiners.

12.4 End-Semester Examinations: The examinations shall normally be at the end of each
semester.

12.5 There shall be one end-semester examination of 3 hours duration in each lecture based
course (Theory).

12.6 A question paper for theory may contain short answer type/annotation, short essay type
questions/problems and long essay type questions. Different types of questions shall
have different marks, but a general pattern may be followed by the Board of Studies.

13. EVALUATION AND GRADING

13.1 Evaluation: The evaluation scheme for each course shall contain two parts; (a)
internal evaluation (ISA) and (b) external evaluation (ESA). 20 marks shall be given to
internal evaluation and 80 marks to external evaluation so that the ratio between
internal and external mark is 1:4. Both internal and external evaluation shall be carried
out in mark system. Both internal and external marks are to be mathematically rounded
to the nearest integer.
13.2 Internal evaluation: The internal evaluation shall be based on predetermined
transparent system involving periodic written tests, assignments, seminars and
attendance in respect of theory courses and based on written tests, lab skill/records/viva
and attendance in respect of practical courses. The marks assigned to various
components for internal evaluation is a follows.

13.3 Components of Internal Evaluation

All the components of the internal evaluation are mandatory
a) For Theory

Components Marks
i. Assignment 4
ii Seminar 4
iii Attendance 4
iv Two Test papers(2x4) 8
Total 20

b) For Project

Components Marks
Topic/Area selected 2
Experimentation/Data collection 4
Punctuality 2
Compilation 4
Content 4
Presentation 4
Total 20

13.4 Evaluation of

a) Attendance

% of attendance Mark
4
Above 95%
 Between 85 and < 95 3
Between 80 and below 85 2
Between 75 and below 80 1
< 75 0

b) Assignment

Components Marks
Punctuality 1
Content 1
Conclusion 1
Reference/Review 1
Total 4

c) Seminar

Components Marks
Content 1
Presentation 2
Reference/Review 1
Total 4

13.5 To ensure transparency of the evaluation process, the internal assessment marks
awarded to the students in each course in a semester shall be published on the notice
board at least one week before the commencement of external examination. There shall
not be any chance for improvement for internal mark.

13.6 The course teacher and the faculty advisor shall maintain the academic record of each
student registered for the course which shall be forwarded to the Controller of
Examination and a copy should be kept in the department for at least three years for
verification.

13.7 External Evaluation: The external Examination in theory courses is to be conducted by

 the College with question papers set by external experts. The answers must be written
in English except those for the Faculty of languages. The evaluation of the answer
scripts shall be done by examiners based on a well-defined scheme of valuation given by
the question paper setters.
13.8 Photocopies of the answer scripts of the external examination shall be made available
to the students for scrutiny on request and revaluation/scrutiny of answer scripts shall be
done as per the existing rules prevailing in the University.
13.9 The question paper should be strictly on the basis of model question paper set by BOS
and there shall be a combined meeting of the question paper setters for scrutiny and
finalisation of question paper. Each set of question should be accompanied by its scheme
of valuation.
13.10 For all courses (theory & practical), Letter grades and grade point are given on a
10-point scale based on the total percentage of marks, (ISA+ESA) as given below:

Percentage of Marks Grade Grade Point (GP)

95 and above S Outstanding 10
85 to below 95 A+ Excellent 9
75 to below 85 A Very Good 8
65 to below 75 A- Good 7
55 to below 65 B +Above Average 6
50 to below 55 B Average 5
40 to below 50 C Pass 4
Below 40 F Fail 0
Ab Absent 0
Grades for the different semesters and overall programme are given based on the corresponding
GPA as shown below:

GPA Grade

Equal to 9.5 and above S Outstanding

Equal to 8.5 and below 9.5 A+ Excellent

Equal to 7.5 and below 8.5 A Very Good

Equal to 6.5 and below 7.5 A- Good

Equal to 5.5 and below 6.5 B+ Above Average

Equal to 5.0 and below 5.5 B Average

Equal to 4.0 and below 5.0 C Pass

Below 4.0 F Failure

13.11 A minimum of 40% marks (C grade) is required for a pass for both internal
evaluation and external evaluation separately for every course.
13.12 A candidate who has not secured minimum marks/credits in internal examinations can
re-do the same registering along with the examination for the same semester, subsequently.
13.13 A student who fails to secure a minimum marks/grade for a pass in a course will be
permitted to write the examination along with the next batch.
There will be no supplementary examinations. A candidate will be permitted to improve
the marks/CGPA of a programme within a continuous period of four semesters immediately
following the completion of the programme. If a candidate opts for the betterment of a
programme, she has to appear for the entire semester. The consolidation of marks/grade/grade
points after the betterment examination is limited to one time.

13.14 After the successful completion of a semester, Semester Grade Point Average (SGPA)
of a student in that semester is calculated using the formula given below. For the successful
completion of semester, a student should pass all courses and score a minimum SGPA of 4.0
However, a student is permitted to move to the next semester irrespective of her SGPA.
Credit Point (CP) of a course is calculated using the formula

CP = Cr x GP, where Cr = Credit; GP = Grade point

Semester Grade Point Average (SGPA) of a Semester is calculated using the formula
SGPA = TCP/TCr, where
𝑛
TCP = Total Credit Point of that semester = ∑ 𝐶𝑃𝑖;
1

𝑛
TCr = Total Credit of that semester = ∑ 𝐶𝑟𝑖
1

Where n is the number of courses in that semester

Cumulative Grade Point Average (CGPA) of a Programme is calculated using the formula

∑(𝑇𝐶𝑃×𝑇𝐶𝑟)
CGPA = 𝐺𝑃𝐴 𝑠ℎ𝑎𝑙𝑙 𝑏𝑒 𝑟𝑜𝑢𝑛𝑑 𝑜𝑓𝑓 𝑡𝑜 𝑡𝑤𝑜 𝑑𝑒𝑐𝑖𝑚𝑎𝑙 𝑝𝑙𝑎𝑐𝑒𝑠
∑𝑇𝐶𝑟

13.15 PATTERN OF QUESTIONS

Questions shall be set to assess knowledge acquired, standard, and application of knowledge,
application of knowledge in new situations, critical evaluation of knowledge and the ability to
synthesize knowledge. The question setter shall ensure that due weightage shall be given to
each module based on content/teaching hours allotted to each module. She shall also submit
a detailed scheme of evaluation along with the question paper.

A question paper shall be a judicious mix of short answer type, short essay type /problem
solving type and long essay type questions.

Pattern of questions for external examination for theory paper

Number of
Total no. of Marks of each
questions to be Total marks
questions question
Type of Questions answered

Section A – Short
10 7 2 14
Answer

Section B- Short
8 6 6 36
essay/ Problems

Section C- Long
essay 6 3 10 30

24 16 80
14. GRADE CARD

14.1 The University under its seal shall issue to the students, a grade card on completion
of each semester, which shall contain the following information.
a) Name of the College
b) Name of the University
c) Title of the Postgraduate Programme
d) Name of the Semester
e) Name and Register Number of the student
f) Code, Title, Credits and Max. Marks (Internal, External & Total) of each course
(theory& Practical) in the semester.
g) Internal, External and Total Marks awarded, Grade, Grade point and Credit point in
each course in the semester
h) The total credits, total marks (Max. & Awarded) and total credit points in the semester
i) Semester Grade Point Average (SGPA) and corresponding Grade.
j) Cumulative Grade Point Average (CGPA)
k) The final Mark cum Grade Card issued at the end of the final semester shall contain
the details of all courses (theory & practical) taken during the final semester
examination and shall include the final grade/marks scored by the candidate from 1st
to 3rd semester, and the overall grade/marks for the total programme.

15. AWARD OF DEGREE

The successful completion of all the courses with ‘C’ grade (40%) shall be the minimum
requirement for the award of the degree.
16. MONITORING COMMITTEE

There shall be a Monitoring Committee constituted by the Principal to monitor the internal
evaluations conducted by College. The Course teacher, Faculty Advisor, and the College
Coordinator should keep all the records of the internal evaluation, for at least a period of
three years, for verification.
17. GRIEVANCE REDRESSAL COMMITTEE

17.1 Department level: The College shall form a Grievance Redress Committee in each
 Department comprising of course teacher and one senior teacher as members and the
Head of the Department as Chairman. The Committee shall address all grievances
relating to the internal assessment grades of the students.
17.2 College level: There shall be a college level Grievance Redress Committee
comprising of Faculty advisor, two senior teachers and two staff council members
(one shall be an elected member) and the Principal as Chairman.

Models of distribution of course and credit are given in the following tables.

The total credit of the programme shall be 80 (Total marks: 2200). The maximum credits in
first three semesters shall be limited to 25.

COURSE STRUCTURE
M.COM (Elective –Finance)
Total Credits 80 Total Marks: 2200
Semester I

SI Course Code Course name Credit Instructiona

No. l Hours
1 PCO1CT01 Advanced Financial Accounting –I 4 90
2 PCO1CT02 Organisational Behaviour 4 90
3 PCO1CT03 Principles of Financial Management 4 90
4 PCO1CT04 Research Methodology 4 90
5 PCO1CT05 Quantitative Techniques 4 90
Total 20

Semester II

SI Course Code Course name Credit Instructiona

No. l Hours
6 PCO2CT06 Advanced Financial Accounting –II 4 90
7 PCO2CT07 Human Resource Management 4 90
8 PCO2CT08 Strategic Management 4 90
9 PCO2CT09 Corporate Financial Management 4 90
10 PCO2CT10 Operations Research 4 90
Total 20

Semester III

SI Course Code Course name Credit Instructiona

No. l Hours
11 PCO3CT11 Management Accounting 4 90
12 PCO3CT12 Direct Tax- Law& Practice 4 90
13 PCO3CT13 International Business 4 90
14 PCO3CT14 Service Marketing 4 90
15 PCO3ET01 Security Analysis& Portfolio 3 90
Management
Total 19

Semester IV

SI Course Code Course name Credit Instructiona

No. l Hours
16 PCO4CT15 Advanced Cost Accounting 4 90
17 PCO4CT16 Direct Tax: Assessment and Procedures 4 90
18 PCO4CT17 Business Environment 3 90
19 PCO4ET02 Financial Derivatives 3 90
20 PCO4ET03 International Financial Management 3 90
21 PCO4D001 Dissertation 2
22 PCO4V001 Viva-Voce 2
Total 21
 Course structure, credit and hours

SI Course Code Course name Credit Instructiona

No. l Hours
1 PCO1CT01 Advanced Financial Accounting –I 4 90
2 PCO1CT02 Organisational Behaviour 4 90
3 PCO1CT03 Principles of Financial Management 4 90
4 PCO1CT04 Research Methodology 4 90
5 PCO1CT05 Quantitative Techniques 4 90
6 PCO2CT06 Advanced Financial Accounting –II 4 90
7 PCO2CT07 Human Resource Management 4 90
8 PCO2CT08 Strategic Management 4 90
9 PCO2CT09 Corporate Financial Management 4 90
10 PCO2CT10 Operations Research 4 90
11 PCO3CT11 Management Accounting 4 90
12 PCO3CT12 Direct Tax- Law& Practice 4 90
13 PCO3CT13 International Business 4 90
14 PCO3CT14 Service Marketing 4 90
15 PCO3ET01 Security Analysis& Portfolio 3 90
Management
16 PCO4CT15 Advanced Cost Accounting 4 90
17 PCO4CT16 Direct Tax: Assessment and Procedures 4 90
18 PCO4CT17 Business Environment 3 90
19 PCO4ET02 Financial Derivatives 3 90
20 PCO4ET03 International Financial Management 3 90
21 PCO400D Dissertation 2
22 PCO400V Viva-Voce 2
Total 80
Courses under Elective -Finance

SI Course Code Course name Credit Instructiona

No. l Hours
1 PCO3ET01 Security Analysis& Portfolio 3 90
Management
2 PCO4ET02 Financial Derivatives 3 90
3 PCO4ET03 International Financial Management 3 90

SEMESTER 1

Credit-4 Instructional Hours -90

PCO1CT01 -Advanced Financial Accounting-1

Objectives:-
1. To learn Indian and International Accounting Standards
2.To learn the valuation of goodwill and shares and accounting treatment of amalgamation
and reconstruction.
Module-1– Indian Accounting standards (In-AS)– Meaning- objectives- Detailed Study on AS 1 –
Disclosure of Accounting Policies; AS 2 – Valuation of Inventories; AS 3 - Cash Flow Statements; AS
6 Depreciation Accounting; AS 9 – Revenue Recognition; AS 10- Accounting for Fixed Assets; AS
14- Accounting for Amalgamation and Absorption; AS 20- Earning Per Share; AS 26 – Intangible
Assets

Module 2-International Financial Reporting Standards-need for IFRS-convergence of accounting

standards with IFRS-major reporting standards adopted in India.

Module 3.Valuation of Goodwill and shares

a) Goodwill- meaning and definition, Factors affecting goodwill,-Methods of valuing

goodwill- Average profit method-Super profit method, Annuity method and capitalization
method.
b) Valuation of share-Need for valuation-Methods of valuation-Net asset method or intrinsic
value method-yield method-earning capacity method-fair value. (15Hrs)
Module4- Amalgamation, Absorption and External Reconstruction-
Amalgamation in the nature of merger and Amalgamation in the nature of purchase- Purchase
consideration-Net payment method-Net Asset method-share exchange method-Entries in the
books of purchasing company- entries in the books of vendor company –consolidated balance
sheet-Inter-company Owings and holdings-(Advanced problems)
 (25 Hrs)
Module-5- Alteration of share capital and internal reconstruction-Procedure for reducing
share capital- Re-organisation-Scheme of reconstruction- Accounting entries on Internal
reconstruction.-(Advanced problems)
(15 Hrs)
REFERENCE BOOKS
1. Shukla. M.C., Grewal T.S., and Gupta, S.C.: Advanced Accounts: S. Chand & Co. New
Delhi.
2. Arulanandam & Raman ,Advanced accountancy, Himalya Publishing House
3. Gupta. R.L.and Radhaswamy. M: Financial Accounting; Sultan Chand and Sons, New
Delhi.
4. Narayana Swami R Financial Accounting – A Managerial Perspective –– Prentice Hall
India, New Delhi
5. Maheswari S N & Maheswari, V L Advanced Accountancy – I, Vikas Publishing House,
2010, 3 rd Edition, New Delhi.
6. Jain SP, Grewal T.S., S.C. Gupta S.C, Advanced Accountancy. Sultan Chand and sons, New Delhi.
(2010)

PCO1CT02 Organisational Behaviour

Credit-4 Instructional Hours -90
Objectives:-
1.To develop a theoretical understanding about the structure and behaviour of organization
2. To learn he intra and intergroup behaviour of people in the organisation
Module 1 -Organizational Theories and Behaviour:
(A) Classical, Neo-classical and contemporary theories - formal and informal structure- Flat
and Tall structures- Organisational Behaviour-concepts, determinants, models, challenges and
opportunities of OB.
(B) Individual Behaviour: Foundations of individual behaviour- values- attitudes- personality
and emotions- Theory X and Theory Y- Chris Argyris behaviour patterns, Perceptual process.
(20 Hrs)

Module 2. Group Decision making and Communication: Concept and nature of decision
making process, Individual versus group decision making, Nominal group technique and
Delphi technique, models of communication, communication effectiveness in organizations.
Feedback, TA, Johari Window.
(15 Hrs)
Module 3. Motivation: Need hierarchy, Maslow’s Need Hierarchy, Two factor theory,
Contemporary theories of motivation (ERG, Cognitive evaluation, goal setting, and equity)
expectancy model. Behaviour modification,
(15 Hrs)
Module 4. Leadership, Power and Conflict: Concept and theories, Behavioural approach,
Situational approach, Leadership effectiveness, Contemporary issues in leadership. Power
and conflict. Bases of Power, power tactics, sources of conflict patterns, level sand conflict
resolution strategies.
(20 Hrs)
Module 5. Organisational Culture, Organisational Development and Stress Management:
Concept and determinants of organisational culture, Organisational Development: concept
and intervention techniques. Individual and organisational factors to stress, consequences of
stress on individual and organisation, management of stress.
(20 Hrs)
REFERENCE BOOKS
1. Robbins; S.P., Organisational Behaviour (13th edition), Prentice Hall of India Pvt.Ltd
2.KumarParanit, Organisational Behaviour, Gen Next Publication
3.Jai B.P. Sinha ,Culture and Organizational Behaviour, Sage India.
4.Organisational behaviour, Aswathappa, Himalaya Publishing House
5.Human relations and organizational behaviour, RS. Dwivedi, Macmillain India Ltd.

PCO1CT03 -Principles of Financial Management

Credit-4 Instructional Hours -90

Objectives:
1. To learn the theoretical base of financial management
2.To learn the practical methods and techniques of financialmanagement.
Module1- Financial management-meaning-goals and objectives-Functions of afinancial
manager-financial decision making-financial planning-conceptand relevance of time value of
money-compoundingtechnique-discounting technique.
(15 Hrs)
Module 2- Cost of capital-concepts-importance-computation-cost of debt-cost ofpreference
capital-cost of equity- cost of retained earnings-weightedaverage cost of capital-book value
and market value weights-marginalcost of capital
(15 Hrs)
Module 3- Financing decision and capital structure-finance structure-pattern ofcapital
structure-concept of balanced capital structure-determinantsof capital structure-optimum
capital structure-theories of capitalstructure-net income approach-net operating income
approach- traditionalapproach-MM approach.
(20 Hrs)
MODULE-4 Long term investment decisions-capital budgeting-nature features and
significance of capital budgeting-traditional methods-payback period-ARR-Discounted cash
flow methods-Bailout pay back period-NPV-IRR-Profitability index-Risk analysis in capital
budgeting- techniquesof risk analysis.
(25 Hrs)
MODULE-5 Leverage analysis-concept-meaning and measurement of financialleverage.
Operating leverage-Financial risk and operating risk-EBITEPS-Indifference point.
(15 Hrs)
REFERENCE BOOKS
1. Rajesh Kothari, Contemporary financial management, Macmillain India limited.
2. Financial management, PV.Kulkarni, Himalya Publishing House.
3. Financial management, Srivastava, Himalya Publishing House

4. Financial management, Knott, Palgrave Macmillian.

5. Financial management, S.N.Maheswari, Sultan Chand Co;
6. Financial Management, Khan MY, Jain PK, Tata Macgraw Hill publishing Co
7. Financial Management, Pandey IM, Vikas publishing ho
 PCO1CT04- Research Methodology

Credit-4 Instructional Hours -90

Objectives :
1. To help the students to understand how to do research in the area of commerce and
management.
2. To learn the process of conducting research.

Module-1- Research-meaning-significance-objectives-types of research-research methods Vs

methodology-steps in research.
(10Hrs)
Module-2- Research problem-definition-nature-formulation--research
design-meaning-needs-Types of research design- Review of literature ; Operational
definitions variables-dependent and independent variables -extraneous variables-intervening
variable-dichotomous variable- research proposal -Research hypothesis-types of hypotheses.
(20 Hrs)
Module-3-Sampling design-census and sample survey-sample frame- adequacy of sample
size- methods of sampling- random sampling-non random sampling.
(15 Hrs)
Module-4- Collection and analysis of data-Data- types of data- major sources of secondary
data-methods of data collection - instrument development and validation -measurement and
scaling techniques-nominal data-interval data ordinal data –ratio data- different types of
scales - Reliability analysis and its need-analysis of data- uni-variate analysis-bi-variate
analysis-multi-variate analysis - Introduction to SPSS-constructing variable view-data
entry-tabulation.
( 30Hrs)
Module-5 -Research reporting-relevance-characteristics of a good research reports- contents
of a report-citing references using APA style-MLA style-Chicago style-plagiarism
(15 Hrs.)

REFERENCE BOOKS
1. Statistical methods for research, Prof.K.Kalyanaraman, Prentice Hall Pvt.Limited
2. Business research, Collis, Palgrave Macmillian.
3. Business Research Methodology, Sasi K Gupta&PraneetRangi, Kalyani Publishers
4. Research methodology, CR.Kothari, New Age International publishers
5. Research methodology, R.Paneerselvam, Prentice Hall of India.

PCO1CT05 -QUANTITATIVE TECHNIQUES

Credit-4 Instructional Hours -90

Objectives:
1. To learn statistical tools for quantitative analysis
2. To learn the statistical tools for research and business decision making.

MODULE-1 Introduction to Probability

A.)Meaning of quantitative techniques, Classification of QT-application of QT in business,
Industry and management-merits and limitations of QT.

B)Probability – Basic concepts- Addition theorem, Multiplication theorem- Conditional

Probability- Bayes Theorem- Mathematical Expectation
(15 Hrs)
MODULE-2 - Association of attributes-consistency of data-association
anddisassociation-methods to study association-comparison of actual andobserved
frequency-comparisonof proportion and products-Yule’s co-efficient of
association-co-efficient of Colligation-co-efficient of contingency.
(20Hrs)
MODULE-3- Sampling theory and statistical inference
Sampling – Methods of Sampling- Standard error and Sampling distribution – Central Limit
Theorem-Statistical inference- Test of hypotheses-Procedure- Statistical Tests- parametric
tests-Z Test, t Test , F test- ANOVA- one way, two way-latin square technique.
(25 Hrs)
MODULE-4 Non- parametric tests-
Chi-square test-Sign test-Run test-Mann Whitney U test-Kruskalwallis H test
(20 Hrs)
MODULE-5 Statistical Quality Control –
Techniques of SQC – Control charts – Control charts for variables – X chart, R chart –
Control chart for attributes p chart, np – chart and c chart

(10 Hrs)
REFERENCE BOOKS
1. Statistics for Management by Levin, Richard and David S. Rubin- Prentice Hall
2. Statistical Methods by Gupta S P -Sultan Chand and Sons, New Delhi.
3. Fundamentals of Statistics by Gupta, S.C. Himalaya Publishing House.
4. Fundamentals of Statistics by Elhance D N- KitabMahal Publications
5. Fundamentals of Business Statistics by Sharma J K - Pearson Education India
6. Basic Statistics by Agrawal B.L. -New Age International Publishers.
7. Business Statistics by Sharma J K , Pearson Education India.

SEMESTER 11

PCO2CT06-Advanced Financial Accounting – II

Credit-4 Instructional Hours -90

Objectives:
1. To learn the preparation of accounts of holding companies, public utility
undertakings etc
2. To learn accounting procedure of liquidation

Module-1 Accounts of Holding Companies

Concept of Holding Company, Subsidiary Company, Consolidated Financial Statements –
Need for Consolidation – Documents to be filed along with consolidated financial statements
– Procedures to adopted for consolidation – Preparationof Consolidated balance sheet.
(30 Hrs)
Module- 2 Accounts of Public Utility Undertakings
Double account system – Features - Difference between Double Account and Single
Accounts – Advantages and Dis advantages of the Double Accounts - Final Accounts of
Electricity Concerns – Reserves to be created by Electricity Companies - Computation of
Reasonable Return and Clear profit and Disposal of Surplus of Electricity Companies
(20 Hrs)
Module-3 Liquidation Accounts
Modes of Winding up- Procedures to be followed under different modes – Preparation of
Statement of Affairs – List A and List B Contributories – Deficiency/Surplus Accounts –
Preferential Creditors - Liquidators Final Statement of Accounts.
 (15 Hrs)
Module-4 Accounting for specialized types of business:
a) Voyage accounts- need-Account preparation
b) Farm Account- Need- preparation ofFinal Accounts.
c) Green Accounting(Theory only)
(15 Hrs )
Module– 5-Human Resource accounting-Meaning- Approaches to valuation of Human
Assets- Human Resource cost Accounting- Human Resource Value Accounting.

(10 Hrs)
REFERENCE BOOKS
1.Corporate Accounting, A. Mukharjee and M. Hanif, Tata McGrawHill Co
2.Students Hand Book on Advanced Accounting, G.Sekar and B. SaravanaPrasath, C.
Sitaraman& Co. Pvt Ltd;
3. Advanced accountancy, Arulanandam& Raman, Himalya Publishing House
4.Fundamentals of Financial accounting, Nassem Ahmed, Ane books Pvt, Limited
5.Advanced Financial Accounting, R.L.Gupta&Radhaswami, Sultan Chand CO;
6.Advanced Financial Accounting, S.N.Maheswari
7. Advanced Financial Accounting, Paul & Kaur
8.Advanced Financial Accounting, S.P.Jain&K.L.Narang;

PCO2CT07- Human Resource Management

Credit-4 Instructional Hours -90

Objectives

1. To learn the complexities in managing human resources

2. To learn how practically human resources are managed in an organisational context.

Module I-Human Resource Management (HRM): Functions of HRM- role and status of HR
Manager-HR policies- HR Planning Process- Recruitment- Selection process- Performance
appraisal-methods or techniques of Performance appraisal-Promotion and demotions-
Transfer- Separations- resignation- discharge- dismissal-suspension- retrenchment- lay off;-
Job analysis and job evaluation-. Emerging issues in HRM.

(20 Hrs )

Module 2.Human Resource Development -Concept of HRD- Training and development:

Training process- Role, responsibilities and challenges to training managers and employees;
Organisation and management of training function; training needs assessment and action
research; instructional objectives and lesson planning- learning process.

(15 Hrs )

Module 3-Training climate and pedagogy: developing training modules; training methods and
techniques; facilities planning and training aids. Technical training: training for TQM;
attitudinal training; training for management change; training for productivity, training for
creativity and problem solving; training for leadership and training for trainers.

(20 Hrs )

Module 4-Grievance handling: Grievance-meaning and causes of grievance – importance and

procedure of grievance handling; Hot stove rule; code of discipline, Employee participation
in management-techniques- sweat equity shares, ESOP.

(15Hrs )

Module 5-(a) HR outsourcing: legal requirements: contractor’s liabilities; liabilities of the

company towards contractor’s labourers.(b) H R records : objectives of H R records;
absenteeism; (c) HR appraisal and audit: concept, scope, methods and importance of HR
audit;

(20 Hrs )

REFERENCE BOOKS

1. Aswathappa K.,: Human Resource and Personnel Management; Tata McGraw Hill,

2. Gupta, C.B.: Human Resource Management;

3..Heneman and Schwal: Human Resource Management;

4. Prasad, L.M., Human Resource Management

 PCO2CT08 - STRATEGIC MANAGEMENT

Credit-4 Instructional Hours -90

Objectives:

1. Tolearn the frame work of strategic analysis and strategy formulation

2. To learn the issues in implementation of business strategies.

Module-1 Basic concept of strategy and strategic management- strategicmanagement

process-models of strategic management-approaches to strategic decision making-
-vision-mission-objectives-goals-strategic levels in an organization-SBU

(15 Hrs)

Module-2 Environmental analysis-concept of environment-micro and macro

environment-environmental scanning-models for environmental analysis-value chain
analysis-SWOT analysis-BCG matrix-GE’s spotlight matrix-Tows Matrix.

(15 Hrs)

Module-3 Strategic planning and formulation-stages of strategic

planningstrategicalternatives- types of strategies-growth strategies –dependency and
reduction strategies-horizontal and vertical integration-backward and forward
integration-diversification and defensive strategies-generic strategies-grand
strategies-portfolio strategies-turn around strategies.

( 25 Hrs)

Module-4 Organizational level strategies-capacity expansion-mergers-joint

ventures-acquisition,-takeovers-consortia-networking-franchising - licensing-sub
contacting-concentric diversification-conglomerate diversification-7S framework-competitive
analysis and strategies.

(20 Hrs)

Module-5 Strategy implementation-evaluation and control-various approaches to

implementation of strategy-strategic choice-strategy and structure strategic control
process-operational control-performance gap analysis-models and tools of control-future of
strategic management.

(15 Hrs)

REFERENCE BOOKS
1. Text book of strategic management, U.C. Mathur, ,Macmillain India limited.

2. Strategic Management: An Integrated Approach, Hill.

3. Strategic Management, CN.Sontakki, Kalyani Publications

4. Strategic Management: Theory and Practice, Parnell.

5. Fundamentals of Strategic Management, Parthasarthy.

6. Strategic Management, White, Palgrave Macmillian,

7. Strategic Management, Francis Cherunilam, Himalaya Publishing House.

PCO2CT09. Corporate Financial Management

Credit-4 Instructional Hours -90

Objectives:
1. To acquaint students with the advanced concept of financial management
2. To develop financial strategies for the organization.
Module-1 -Working capital management- concept of working
capital-types-determinants-optimum level of current assets-liquidity Vs profitability-risk
return trade off-working capital financingestimatingworking capital needs.( Problems)
(20 Hrs)
Module-2- Inventory management-nature of inventory-objectives of inventory
management-inventory control-systems and methods of inventorycontrol-inventory
valuation.(Problems)
(20 Hrs)
Module-3- Receivables management-need and importance-levels of receivables–selectionand
evaluation of receivables- credit policy-credit evaluationcreditterms-collection of
receivables-cost benefit analysis-average ageof receivables-credit risk and default risk
analysis-monitoring ofreceivables-factoring
(15 Hrs)
Module-4 Cash management-meaning-motives for holding cash-cash planningmanagingcash
flows-inflows and outflows-investing surplus cashdeterminingoptimum cash
balance-liquidity profitability analysis.( Problems )
 (15 Hrs)
Module-5-Dividend decisions-internal financing-forms of dividend-dividendpolicy and its
objectives-stability of dividend-dividend theories –relevancetheory-water’s model-Gordon’s
model-dividend uncertaintyirrelevancetheory-MM theory.
(20 Hrs)
REFERENCE BOOKS
1. Contemporary financial management, Rajesh kothari, Macmillain India limited.
2. Fundamentals of financial management, Preetisingh, Ane books private limited.
3. Essentials of Financial Management, Sudarsana Reddy, Himalaya Publishing House
4. Financial management, S.N.Maheswari, Sultan Chand Co;
6. Van Horn, James C, Financial management, Prentice Hall India, Limited.
7. Khan MY, Jain PK, Financial Management, Tata McGraw Hill publishing Co;
8. Pandey IM, Financial Management, Vikas publishing house.

PCO2CT10- OPERATIONS RESEARCH

Credit-4 Instructional Hours -90

Objectives
1.To learn various techniques used in operation management decisions.
2. To learn how rational decisions are taken at operational level .
Module-1 - Introduction -Operations research-meaning-origin and development -OR in India-
Scope of OR as a tool in decision making -Features and methodology of OR-Phases of OR
study-Types of OR models - Limitations of OR.
(5 Hrs)
Module-2 -Linear Programming -meaning-concepts- Basic assumptions - uses and
applications-formulation-graphical Analysis -simplex method -Duality.
(30 Hrs)

Module-3 Transportation problems-Introduction – Formulation of TP- Initial basic feasible

solution – NWCM method, Matrix Minima Method, Vogels Approximation method-move
towards optimality-MODI method of solving transportationproblems. Assignment
problems-solutions-variations in assignment problems.
 (20 Hrs)
Module-4 Decision theory-Quantitative approach to management decision making-decision
under conditions of uncertainty-Maximin-Maximax- Hurwics, Laplace and Minimax regret
criteria-Decision making under risk-EMV-EOL-EVPI criteria-decision tree analysis-
(20 Hrs)
Module-5 Network analysis-CPM and PERT-Network concepts-construction of network
diagram-numbering the events (Fulkerson’s Rule), requirements-Network
calculations-CPM-Concept of float-PERT -probability considerations in PERT-calculation of
float/slack under PERT-PERT calculations-points of similarities and dissimilarities inPERT
and CPM-limitation of PERT and CPM.
(15 Hrs)
REFERENCE BOOKS
1. Operation research, theory and applications, J.K.Sharma, Macmillain India limited.
2. Operations Research: Principles and Practice, Ravindran.
3. Research methodology and OR, H.R.Ramanath, Himalaya Publishing House
4. Operation Research, VK.Kapoor, Sultan Chand Co;
5. OR, Sarmma&Ananad, Himalaya Publishing House
6. Operation Research, KanthiSwarup, Sultan Chand Co;
7. Operation Research, SD. Sharmma, Kedarnath Co;
8. Operation Research-problem and solutions, J.K.Sharma, Macmillain India
9. Operations Research, K.K. Chawla, Gupta & Sharma; Kalyani Publishers
 Semester –III

PCO3CT11- Management Accounting

Credit-4 Instructional Hours -90

Objectives
1. To understand accounting methods and techniques used for managerial decision making.
2. To take managerialdecisions based on accounting data.

Module-1 (A) Nature, Meaning, Functions, Scope, Objectives, Tools and Techniques of
Management Accounting-Advantages and Limitations of Financial Accounting and Cost
Accounting- Management Accounting VS Financial Accounting-Management Accounting
VS CostAccounting.
(10 Hrs)
Module 2-Financial statement analysis-Financial statements-Types of financial
analysis-methods of financial analysis-Comparative statements-Trend analysis-Common size
statement-advantages and limitations of financial statement analysis.
(10 Hrs)

Module-3- Ratio analysis-meaning-significance-advantages and limitations of ratio analysis-

classification of ratios-income statement ratios-balancesheet ratios-inter statement
ratios-liquidity ratios-profitability ratios-ROI- turnover ratios-solvency ratios-leverage
ratios-miscellaneous ratios-preparation of Trading and P&L account and balance sheet on the
basis of ratios-Advanced problems.
(25 Hrs)
Module-4 Statement of Changes in Financial Position-Fund Flow Analysis-
(25 Hrs)
Module 5-CashFlow Analysis-Advanced Problems- (20 hrs)

REFERENCE BOOKS
1. Management Accounting, MadhuVij, Macmillain India limited
2. Management Accounting, SN.Maheswari, Sultan Chand Co;
3. Management accounting, Gordon, Himalaya Publishing House
4. Management accounting, Wilson, Himalaya Publishing House.
5. Management Accounting, Dr.SP.Gupta, SahityaBhavan, Agra.
6. Management Accounting, RSN Pillai.
7. Management accounting, Mamtasha, Ane books private limited.
8. Management Accounting, Sharma & Gupta; Kalyani Publishers

PCO3CT12-Direct Tax- Law and Practice

Credit-4 Instructional Hours -90

Objectives

1. To impart basic knowledge and equip the students with Income Tax Act 1961
2. To enable them to compute taxable income under the heads of Income.

MODULE-I - Introduction

Brief History of Income tax in India - Basic Concepts- Finance Act- Definitions -Rates of
Income Tax- Accelerated Assessment. Agricultural Income- Partly Agricultural Income -
Capital and Revenue.- Residential Status- Incidence of tax- Income Exempt from tax- Heads
of Income.

(20 Hours)

MODULE-2 - Salary & Income from House Property - Salary - Chargeability –Definition-
Allowances, Perquisites, Profit in lieu of salary- Deductions from salary- Provident funds
and treatment- Computation of income from salary -Income from House Property- Basis of
Charge- Deemed ownership –Exemptions -Annual value determination in various cases-
Deductions –Treatment of Unrealised rent, recovery of unrealized rent and arrears of rent-
Computation of Income from House Property.

(25 Hours)
MODULE-3 Profit and Gains of Business or Profession -Chargeability- Deductions expressly
allowed -General Deductions – Treatment of depreciation- Computation of Profits and Gains
of business or profession.

(15 Hours)

MODULE-4- Capital gains & Income from other sources- Basis of charge- Capital Assets -
Short-term and Long- term capital gains- Transfer- Cost of Acquisition under special cases-
Computation of capital gain under Section 45(2), 45(5) and 50- Capital Gains exempt from
tax- -Computation of Income from Capital Gain.Income from other sources:- General
chargeability -Specific Chargeability, Kinds of securities & Grossing up of interest- Bond
washing transaction - Deductions allowed -Deduction not permitted- Computationof income
under the head Income from Other Sources

(20 Hours)

MODULE-5- (A) Aggregation and Clubbing of income of other persons - Set off and carry
forward of losses-Order of set off - Computation of Gross Total Income –Deductions under
Chapter VI A.

( B)Computation of Total Income - Assessment of Individual- Treatment of agricultural

income- Relief under Sec 89(1)-

(10 Hours)

REFERENCES BOOKS

1. Direct Taxes Law and Practice- Dr H C Mehrotra and Dr S P Goyal- Sahitya

BhawanPublications

2. Direct Taxes Law and Practice- Singhania V K, Taxmann Publications Ltd.

3. Direct Taxes Law and Practice- Dr.GirishAhuja ;Dr. Ravi Gupta, Bharat Law House

4. Direct Taxes Sri T N Manoharan- Snow White Publications

5. Direct Taxes – Law and Practice, Bhagwathi Prasad- WishwaPrakashana.

PCO3CT13- International Business

Credit-4 Instructional Hours -90

Objectives:

1. To familiarize the students to the basic concepts of international business

2. To provide the students an opportunity to learn and understand how business is conducted
in the international arena

Module I – International Business- Meaning- features-importance- motives- Domestic

Business v/s International Business- international business environment- methods of going
international ( 10hrs)

Module 2-International Trade and Investment Theories: Absolute Cost theory- Comparative
Cost theory -Opportunity Cost theory, Factor Endowment theory -Complimentary trade
theories –International Product life Cycles- Investment Theories – Theory of Capital
Movements- Market Imperfections theory- Internationalization Theory- Location Specific
Advantage Theory -Eclectic Theory.

(20 Hrs)

Module 3(A) Internationalisation- Push factors-Pull factors-International

orientation-Globalization- Concept and Practice- Drivers of Globalisation-Pros and cons of
globalisation – Globalisation in India

(B)Multinational Corporations- Transnational corporations- merits and demerits of MNCs-

International Investment- meaning- FDI- FPI- International investment in India

(25Hrs )

Module 4.International Economic Organisation-WTO- GATT& WTO-Functions and

Principles of WTO-.WTO agreements( brief study)- World Bank-ADB- IMF (objectives&
functions only)

(25 Hrs ).

Module 5- Balance of Payment- Structure-Major components- Causes for dis-equilibrium in

Balance of Payments, correction measures

(10 Hrs)

RECOMMENDED BOOKS

1. Charles W.I. Hill and Arun Kumar Jain, International Business, Tata Mc GrawHill,
2. John D. Daniels and Lee H. Radebaugh, International Business, Pearson,New Delhi,

3. K. Aswathappa, International Business, Tata Mc Graw Hill, New Delhi,.

4. Michael R. Czinkota, Ilkka A. Ronkainen and Michael H.Moffet, International Business.

5. Francis Cherunilam – International Business, PHI Learning , Delhi.

PCO3CT14- Service Marketing

Credit-4 Instructional Hours -90

Objectives:

1.To understand the meaning of services and the significance of marketing the services.

2.To enable the application of the concepts of services marketing in promoting services.

Unit 1- Introduction-Definition – Service Economy – Evolution and growth of service sector

– Nature and Scope of Services – Unique characteristics of services - Challenges and issues
in Services Marketing.

( 15 Hrs)

Unit 2- Service Marketing Opportunities -Assessing service market potential - Classification

of services – Expanded marketing mix – Service marketing – Environment and trends –
Service market segmentation, targeting and positioning.

( 15 Hrs)

Unit 3 -Service Design and Development -Service Life Cycle – New service development –
Service Blue Printing – GAP model of service-quality – measuring service quality –
SERVQUAL – Service Quality function development.

(20 Hrs)

Unit 4.Service Delivery and Promotion -Positioning of services – Designing service delivery
System, Service Channel – Pricing of services, methods – Service marketing triangle -
Integrated Service marketing communication.
 ( 20 Hrs)

Unit 5- Service Strategies-Service Marketing Strategies for health – hospitality – Tourism –

Financial – Logistics -Educational – Entertainment & public utility Information technique
Services

( 20 Hrs)

REFERENCE BOOKS

1. ChiristropherH.Lovelock and JochenWirtz, Services Marketing, Pearson Education, New

Delhi.

2. Hoffman, Marketing of Services, Cengage Learning.

3.Adrhian Payne, The Essence of Marketing , Prentice Hall of India Pvt. Ltd

4. K. Douglas Hoffman, John. E.G. Bateson, Essentials of Service Marketing, Thomson –

South Western.

5. S.M. Jha, Services Marketing, Himalaya Publishing House.

PCO3ET01- SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

Credit-3 Instructional Hours -90
Objectives
1. To give a detailed theory base of portfolio management
2. To learn how to analyse securities

Module-1- Investment; Importance-investment Vs speculation and gambling investment

process-risk-systematic risk-steps in investment process designing investment
portfolio-rational considerations-components of investment portfolio.
(15 Hrs)
Module-2 Security analysis-Fundamental analysis ( company, industry and macro economic
analysis) economic forecasting-industry analysis industry life cycle-company analysis-micro
company factors-methods of forecasting earnings.
(15 Hrs)
Module-3 Technical analysis-Dow theory-Elliot wave theory-charting techniques-moving
averages-MACD-RSI-Technical indicators breadth-sentiments-limitations of technical
analysis-Efficient market hypotheses-forms of market efficiency-investment implications
empirical tests-EMH Vs fundamental and technical analysis.
(25Hrs)
Module-4 Portfolio theory-portfolio risk and return-optimal portfolio measurement of risk
and return of portfolio-markowitz model-sharp single index model-risk reduction through
diversification.
(20 Hrs)
Module-5 Portfolio selection-portfolio utility theory-sharp’s portfolio optimization-capital
asset pricing model-CML-SML-Portfolio evaluation-portfolio revision.
(15 Hrs)
REFERENCE BOOKS
1. Investment management, Bhalla VK,.
2. Security analysis and portfolio management, Avadhani, Himalaya Publishing House
3. Investment & security markets in India, Avdhani, Himalaya Publishing House
4. Security analysis and portfolio management, Jorden, Fisher
5. Portfolio management, Kevin.
6. Security Analysis and Portfolio Management, Bhatt.
7. Managing Investment, Prasanna Chandra.
8. Investment Analysis and portfolio management, Ranganathan

Semester IV

PCO4CT15- Advanced Cost Accounting

Credit-4 Instructional Hours -90

Objectives

1. To learn about the higher application of cost accounting techniques andmethods.

2.To know the application of cost control techniques.

Module-1 Advanced Unit Costing-

Preparation of Cost Sheet - Cost and Profit estimation of different industries at different
levels of output – Preparation of Quotation and Tenders (15 hours)

Module-2 Process costing-Normal loss-Abnormal loss- Abnormal gain-Inter -Process

Profit-Equivalent production-Valuation of work in progress-Joint product-Bye
product-Advanced problems

(20 Hrs)

Module-3 Marginal costing-Breakeven analysis-Cost Volume Profit analysis–Application of

marginal costing in business decisions- Fixation of selling prices –Key or Limiting factor
–Make or buy decisions –Maintaining a desired level of profit -Diversification of Products
–Closing down or suspending activities - Application of differential costing in business
decisions- Determination of the most profitable level of production and price- Accept or
Reject Decisions –Sell or Process Decisions –Level of activity planning Advantages and
Limitations-.

(20 Hrs)

Module-4- Budgetary control-Budget and budgetary control-preliminary stepsfor the

adoption of a system of budgetary control-types of budgets-functional budget-cash
budget-fixed and flexible budgeting-Zero base budgeting-Performance budget-Responsibility
accounting-Advantages and limitations of budgetary control.

(15 Hrs)

Module-5-Standard Costing-Standard Cost-Standard Costing Vs Budgetary Control-Variance

Analysis-Material, Labour, Overhead, Sales Variances –Advantages and Limitations of
Standard Costing.

(20 Hrs)

REFERENCE BOOKS

1. Advanced cost accounting, M.L.Agarwal, Sahityabhavan, Agra.

2. Advanced cost accounting, SN.Maheswari& Mittal.

3. Cost and management accounting, MN.Arora, Himalaya Publishing House.

4. Advanced cost accounting, Gowda, Himalaya Publishing House.

5. Advanced cost accounting, Nigam &Sharmma.

6. Advanced cost accounting, NK.Prasad.

7. Cost and Management accounting, SN.Maheswari.

8. Advanced cost accounting, SP.Iyengar.

9. Advanced cost accounting, Saxena&Vasisht.

10. Advanced Cost Accounting, S.P.Jain&K.L.Narang; Kalyani Publishers

PCO4CT16- DIRECT TAXES-ASSESSMENT & PROCEDURES

Credit-4 Instructional Hours -90

Objectives

1. To learn the legal procedures for assessing income tax.

2. To learn how to compute Income tax.

Module-1 - Assessment of HUF- Firms-AOP/BOI

(15 Hrs)

Module-2- Assessment of Companies-MAT-Rebate under Sec 87

(10 Hrs)
Module-3 -Assessment procedures- Types of Assessment- Return-types of return-e-filing of
return- due dates for filingreturns-defective return-interest for default-PAN- TAN-TIN-
TRP-rectification of mistakes.-Deduction and collection of tax atsource-advance payment of
tax-refund of tax- Double taxation
(15Hrs)
Module-4-Income tax authorities and powers- -survey search andseizure-appeals and
revision-penalties and offences-
(10 Hrs)

Module-5-Tax planning Concepts -Tax planning-Tax avoidance-tax evasion-tax

management-need of taxplanning-tax planning based on residential status-tax planning of
Individuals, HUF, Firms and Companies – Tax planning under different heads- Tax -
limitations of tax planning.
(15Hrs)
REFERENCE BOOKS
 1. Direct Taxes Law and Practice- Dr H C Mehrotra and Dr S P Goyal- Sahitya
Bhawan Publications
2. Direct Taxes Law and Practice- Singhania V K, Taxmann Publications Ltd.
3. Direct Taxes Law and Practice- Dr.Girish Ahuja ; Dr. Ravi Gupta, Bharat Law House
Pvt. Ltd
4. Direct Taxes Sri T N Manoharan- Snow White Publications
5. Direct Taxes – Law and Practice, Bhagwathi Prasad-WishwaPrakashana.

PCO4CT17-Business Environment

Credit-4 Instructional Hours -90

Objectives:-

1.To familiarise the students with various aspects of economic, social, political and cultural
environment of India.

2. To help the students in gaining a deeper understanding of the environmental factors

influencing Indian business organizations.

Module- I -Business Environment-Meaning-Importance- features- relevance-Environmental

Factors – different layers of business environment –internal –external –micro –macro-
components of micro & macro environment –PESTEL frame work.

(10 Hrs)

Module 2-Political environment - element of political system –legislative, judiciary and

executive -functions – legal environment -overview of industrial policy of central and state
governments - Industrial Licensing in India – need and forms of government control.

(15 Hrs)

Module -2-Economic environment – components- economic policies –system and condition

– different forms of economic system and their pros and cons. Indian Financial System :
Monetary And Fiscal Policy – national income & per capita income - Role of Industry in
Economic Development-Poverty in India, Unemployment in India, Inflation, Human
Development, Rural Development, Problems of Growth

( 25Hrs)

Module- 3-Socio – cultural environment – elements – connection between business and socio
–cultural environment – CSR – classical & modern views –arguments against and in favour
of CSR – social audit

(20 Hrs)
Module 4. Technological Environment- Features - impact of Technology-management of
Technology- Technology transfer-methods of Technology transfer.

(15 Hrs )

Module 5- Environmental and Legal factors - Environmental management-sustainable

development-Environmental impact assessment and its relevance-Environmental ethics-EIA
inputs to project life cycle- environmental accounting-assessing the components of
environmental costs. (20 Hrs )

RECOMMENDED BOOKS

1. Francis Cherunilam – Business Environment, Text and Cases, Himalaya Publishing House,

2. Mishra S K &Puri V K - Economic Environment of Business (Himalaya Publishing House,

3. Paul Justin - Business Environment Text and Cases (Tata Mc Graw Hill)

PCO4ET02- FINANCIAL DERIVATIVES

Credit-3 Instructional Hours -90
Objectives
1. To learn the nature and complexities of Derivatives markets
2. To understand options trading.

Module 1 -Derivatives-meaning-types-forwards-forward prices-continuous

compounding-currency forwards-exchange rate quotation-direct and indirect-bid and offer
rates-spot market and forward rate-foreign exchange risk-hedging through
forwards-speculation- option forward deals-closing forward contracts-currency forwards and
banks- advantages and disadvantages of forwards.
(20 Hrs)
Module 2-Futures contracts-features-delivery terms-price and price limit-long and short
positions-open interest-uses of futures- pricing-cost of carry model in perfect market
environment and imperfect market environment-deviations from model expectation-model of
futures pricing-price patterns-difference between future and forwards.
(20 Hrs)
Module 3-Commodity futures-trading mechanism-forward market commission- important
commodity exchanges in India-role of futures market- currency futures-clearing and
settlement- margin-market to market- use of currency futures-stock futures-hedging with
futures-stock futures trading in India-index futures trading-uses-interest rate futures.
(20 Hrs)
Module 4-Options-types-trading-uses-currency options-combination of options- exotic
options-option pricing-black Scholes model- assumptions - notations-calculation of option
price-using put call party-dividends anticipated-pricing of American option-binomial model
of option pricing-financial swaps- interest rate swaps-swapping through
intermediaries-motivation for coupon swap-currency swaps.
(15Hrs)

Module 5- Risk –Return Analysis - Sources and Types of business risk ––Systematic and
Unsystematic Risk- Implications of business risk-risk perception of individuals and
institutions-Alternatives for managing financial risk –diversification –reinsurance
–contingency contracts.
(15Hrs)

REFERENCE BOOKS
1. Commodity and financial derivatives, S.Kevin, PHI Learning PVT.LTD.
2. Financial derivatives, SSS. Kumar, PHI Learning PVT.LTD.
3. Fundamentals of Financial Derivatives, Parasuraman.
4. Derivatives and financial market, Gopalakrishnan, Himalaya Publishing House
5. Fundamentals of derivatives market. Prabhullakumar.
6. Understanding futures market, Robert W Kolb, PHI Learning PVT.LTD.
7. Financial derivatives, Redhead Keith, PHI Learning PVT.LTD.
8. Options, Futures and other derivative securities, Hull John C, PHI Learning
PVT.LTD.
9. Financial Instituitions and Markets, Shashi. K.Gupta etc.. ; Kalyani Publishers

PCO4ET03-International Financial Management

Credit-3 Instructional Hours -90

Objectives
1.To introduce the environment of international finance and its implications on international
business.
2.To analyse the nature and functioning of foreign exchange markets, determination of
exchange rates and interest rates and their forecasting.

Module 1- International finance-meaning-dimensions-importance- International Financial

system- International Sources of Finance - Bond Financing (Fixed and Floating Rate Notes) -
Loan Financing (Syndicates Loans) - Securitised Financing (Euro note) - Equity Financing
(GDR and ADR) Features of Loan Agreements- Loan Negotiations
(20 Hours)
Module 2-Foreign Exchange Market- exchange rate- types of exchange rates-Exchange Rate
Determination-Exchange rate movements-Fundamental Factors Affecting Exchange Rates
-Spot and Forwards Exchange Rates - Eurocurrency and Domestic Interest Rates.
( 20Hrs)
Module 3-Foreign Exchange Risk Management -Conceptual Overview - Nature of Exposure
(Economic, Transaction, Translation) - Hedging and Speculation
(10 Hrs)
Module 4- International cash management- Objectives- international dimensions of cash
management- International portfolio investment- International Financing Decision - Issues in
Overseas Funding Choices - Economic Circumstances and overall Funding Choices -
Funding and Risk Management Aspects.
(20 Hours)
Module 5-Derivatives and Exposure Management - Currency Forwards - Currency Options -
Currency Futures -Currency Swaps -Interest Rate Risk Management

(20Hrs)

REFERENCE Texts

1. International finance, Levi, T&F Ane.

2. International Finance, O S. Srivastava.

3. International Finance, MS. Vijayakumari

4. International finance, Avadhani, Himalaya Publishing House

5. International financial management, Agarwal, Himalaya Publishing House

6. International Finance: A Casebook, Desai.

7. International financial management, P K. Jain, Macmillain India limited

8. Global Financial Management, Anbarasu, Ane books private limited.

9. International Finance, Parul Khanna, RubeenaBujwa; Kalyani Publishers