Commerce Cbcss Syllabus-1

COURSES OF STUDIES
FOR
B.COM HONS
CBCS pattern under the guidelines of Utkal University
For the Academic Year 2016-17 onwards
PRANANATH COLLEGE (AUTONOMUS),

KHORDHA
B.Com (Hons) CBCS P. N. College (Autonomous), Khordha
COURSE STRUCTURE
Marks
SEMESTERS Category Practical / Credits
Theory Total
Internal
Semester-I
BCH-1.1 Environmental Science AECC-1 80 20 (I) 100 4
BCH-1.2 Financial Accounting Core -1 80 20 (I) 100 6
BCH-1.3 Business Law Core -2 80 20 (I) 100 6
BCH-1.4 Micro Economics GE-1 80 20 (I) 100 6
Total 320 80 400 22
Semester-II
BCH-2.1 English Communication AECC-2 80 20 (I) 100 4
BCH-2.2 Corporate Accounting Core -3 80 20 (I) 100 6
BCH-2.3 Corporate Laws Core -4 80 20 (I) 100 6
BCH-2.4 Macro Economics GE-2 80 20 (I) 100 6
Total 320 80 400 22
Semester-III
BCH-3.1 Human Resource Management Core-5 80 20 (I) 100 6
BCH-3.2 Income-tax Law and Practice Core -6 80 20 (I) 100 6
BCH-3.3 Management Principles and Application Core -7 80 20 (I) 100 6
BCH-3.4 Business Statistics GE-3 80 20 (I) 100 6
BCH-3.5 E-Commerce(Compulsory) SEC-1 80 20 (I) 100 4
Total 400 100 500 28
Semester-IV
BCH-4.1 Cost and Management Accounting Core -8 80 20 (I) 100 6
BCH-4.2 Business Mathematics Core -9 80 20 (I) 100 6
BCH-4.3 Computer Applications in Business Core -10 50 30(P)+20 (I) 100 6
BCH-4.4 Indian Economy - Performance and GE-4 80 20 (I) 100 6
Policies
BCH-4.5 Entrepreneurship(Compulsory) SEC-2 80 20 (I) 100 4
Total 400 100 500 28
1
Semester-V
BCH-5.1 Principles of Marketing Core-11 80 20 (I) 100 6
BCH-5.2 Fundamentals of Financial Management Core-12 80 20 (I) 100 6
BCH-5.3 DSE-1 (Any one of the following) DSE-1 80 20 (I) 100 6
A. Accounting and Finance : Financial
Markets, Institution and Services.
B. Banking and Insurance : Indian
Banking and Insurance System.
C. Financial Markets : Indian Financial
System.
A. Accounting and Finance : Financial
Statement Analysis and Reporting
B. Banking and Insurance : Merchant
Banking and Financial Services.
C. Financial Markets : Financial
Institutions and Services.
Total 320 80 400 24
Semester-VI
BCH-6.1 Auditing and Corporate Governance Core-13 80 20 (I) 100 6
BCH-6.2 Indirect Tax Law Core-14 80 20 (I) 100 6
A. Accounting and Finance : Corporate
Tax Planning.
B. Banking and Insurance :
Fundamentals of Investment.
C. Financial Markets : Financial
Market Operations.
BCH-6.4 Business Research Methods and Project DSE-4 50 50 (I) 100 6
work*
Total 290 110 400 24
Grand Total 2600 148
Notes:
 AECC- Ability Enhancement Compulsory Course
 GE- Generic Elective Course
 DSE- Discipline Specific Elective Course
 SEC- Skill Enhancement Course
 For a 6 credit course, the total teaching hours are: Minimum- 50 Hours, Maximum-65 Hours
 For a 2 credit course, the total teaching hours are: Minimum- 20 Hours, Maximum-30 Hours
 Paper No.BCH-6.4 (Business Research Methods & Project Work) will have 50 marks written
examination and 50 marks project report.
2
SEMESTER-I
AECC-1 : Environmental Science
Duration: 3 hrs.
Marks: 100 (80+20) Lectures: 65
Objectives : To provide information on environmental science, its resources and

Management.
Unit - I
The Environment: The Atmosphere, Hydrosphere, Lithosphere, Biosphere, Ecology,
Ecosystem, Biogeochemical Cycle (Carbon Cycle, Nitrogen Cycle).
Unit – II
Environment Pollution: Air Pollution, Water Pollution, Soil Pollution, Noise Pollution,
Thermal Pollution, Radiation Pollution, Natural Disasters and their Management.
Unit – III
Population Ecology: Individuals, Species, Pollution, Community, Control Methods of
Population, Urbanization and its effects on Society, Communicable Diseases and its
Transmission, Non- Communicable Diseases.
Unit- IV
Environmental Movements in India: Grass root Environmental movements in India, Role of
women, Environmental Movements in Odisha, State Pollution Control Board, Central
Pollution Control Board.
Unit – V
Natural Resources: Conservation of Natural Resources, Management and Conservation of
Wildlife, Soil Erosion and Conservation, Environmental Laws: Water Act, 1974, Air Act,
1981, The Wildlife (Protection) Act, 1972, Environment Protection, 1986.
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BOOKS FOR REFERENCE:

1. Text Book of Environmental Studies, D. K. Asthana, Dr Meera Asthana, S.Chand
2. Environmental Studies – Sanjay Ku. Batra / KanchanBatra/ H.K.Kaur / Parul Pant –
Taxmann Pub.
3. Principles of Environmental Studies−P. C. Manoharachary & P. J. Reddy B. S. Pub.,
2004
4. Introduction to an Environmental Science−Y. Anjaneyulu, B. S. Pub. 2004.
5. Ecology−Subramanyam & Sambamurty, Narosa Pub. House, 2000.
6. A Text Book in Environmental Science−V. Subramaniam, Narosa Pub. House, 2000
7. Managing Industrial Pollution –S. C. Bhatia, Mac Millan, 2003.
8. Man and Environment−Dash and Mishra, Mac Millan
9. Environment and Society−Mishra and Dash, Mac Millan
10. Text Book of Environmental Science−Panigrahi and Sahu, Sadgranth Mandir.
11. Environment and Ecology, De and De, S. Chand
12. Environmental Management, G.N. Pandey, Vikash Publishing
4
SEMESTER - I
CC-1 : Financial Accounting
Duration: 3 hrs.
Objectives: The objective of this paper is to help students to acquire conceptual knowledge
of financial accounting and to impart skills for recording various kinds of business
transactions.
Contents
Unit-I. (a) Theoretical Framework
i. Accounting as the language of business and an information system, the users of
financial accounting information and their needs. Qualitative characteristics of
accounting information. Functions, advantages and limitations of accounting. Branches
of accounting. Bases of accounting; cash basis and accrual basis.
ii. The nature of financial accounting principles – Basic concepts and conventions: entity,
money measurement, going concern, cost, realization, accruals, periodicity, consistency,
prudence (conservatism), materiality and full disclosures and Accounting Equation.
(b)Accounting Process
From recording of business transactions to the preparation of trial balance including
adjustments: journal, sub-division of journal, ledger accounts, trial balance.
Unit –II : Business Income

i. Measurement of business income-Net income: the accounting period, the continuity
doctrine and matching concept. Objectives of measurement and revenue recognition.
ii. Depreciation Accounting: The accounting concept of depreciation. Factors in the
measurement of depreciation. Methods of computing depreciation: straight line
method and diminishing balance method; Disposal of depreciable assets-change of
method. Salient features of Accounting Standard 6 (AS- 6) issued by ICAI
iii. Accounting from incomplete records (single entry system).
Unit-III : Final Accounts

Capital and revenue expenditures and receipts: general introduction only. Preparation of
financial statements of Sole Trade and Partnership Business with adjustments
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Unit-IV : Hire Purchase and Installment Systems and Accounting for Branch &
Department
i. Royalty Accounts.
ii. Departmental Accounting and Branch Accounting including foreign branch (Theory
and Problem)
Unit-V : Accounting for Partnership Firm

Accounting of Admission of partner, Retirement and Death of partner and Dissolution of the
Partnership Firm Including Insolvency of partners
Suggested Readings:
1. Anthony, R.N. Hawkins, and Merchant, Accounting: Text and Cases. McGraw-Hill
Education.
2. Bal Ranjan Kumar, Financial Accounting – S. Chand
3. Bansal.K.M - Financial Accounting – Taxman Publication
4. Deepak Sehgal, Financial Accounting – Vikash Publication
5. Horngren, Introduction to Financial Accounting, Pearson Education.
6. Monga, J.R. Financial Accounting: Concepts and Applications. Mayoor Paper Backs,
New Delhi.
7. Shukla, M.C., T.S. Grewal and S.C.Gupta. Advanced Accounts. Vol.-I. S. Chand &
Co., New Delhi.
8. Maheshwari, S.N. and. S. K. Maheshwari. Financial Accounting. Vikas Publishing
House, New Delhi.
9. Sehgal, Ashok, and Deepak Sehgal. Advanced Accounting. Part –I.Taxmann Applied
Services, New Delhi.
10. Bhushan Kumar Goyal and HN Tiwari, Financial Accounting, International Book
House
11. Goldwin, Alderman and Sanyal, Financial Accounting,Cengage Learning.
12. Tulsian, P.C. Financial Accounting,S. Chand.
13. Jain, S.P. and K.L. Narang. Financial Accounting, Kalyani Publishers, New Delhi
14. Gupta, Nirmal. Financial Accounting,SahityaBhawan, Agra.
15. Compendium of Statements and Standards of Accounting. The Institute of Chartered
Accountants of India, New Delhi
6
SEMESTER - I
CC-2 : Business Law
Duration: 3 hrs.
Objective: The objective of the course is to impart basic knowledge of the important
business laws along with relevant case laws.
Contents:
Unit I: The Indian Contract Act, 1872: General Principle of Law of Contract
a) Contract – meaning, characteristics and kinds
b) Essentials of valid contract - Offer and acceptance, consideration, contractual capacity,
free consent, legality of objects.
c) Void agreements
d) Discharge of contract – modes of discharge including breach and its remedies.
e) Contingent contracts
f) Quasi - contracts
Unit II: The Indian Contract Act, 1872: Specific Contracts

a) Contract of Indemnity and Guarantee
b) Contract of Bailment
c) Contract of Agency
Unit III: The Sale of Goods Act, 1930

a) Contract of sale, meaning and difference between sale and agreement to sell.
b) Conditions and warranties
c) Transfer of ownership in goods including sale by non-owners
d) Performance of contract of sale
e) Unpaid seller – meaning and rights of an unpaid seller against the goods and the buyer.
Unit IV: Partnership Laws The Partnership Act, 1932

a) Nature and Characteristics of Partnership
b) Registration of Firms
c) Types of Partners
d) Rights and Duties of Partners
e) Implied Authority of a Partner
f) Incoming and outgoing Partners
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g) Mode of Dissolution of Partnership
Unit V: The Negotiable Instruments Act 1881

a) Meaning and Characteristics of Negotiable Instruments : Promissory Note, Bill of
Exchange, Cheque
b) Holder and Holder in due Course, Privileges of Holder in Due Course.
c) Negotiation: Types of Endorsements
d) Crossing of Cheque
e) Bouncing of Cheque
Suggested Readings:
1. Arora Sushma – Business Law – Taxmann Publication
2. Kuchhal, M.C. and Vivek Kuchhal, Business Law, Vikas Publishing House, New
Delhi.
3. Tulsian, P.C, Business Law, S.Chand
4. Gogna P.P.S, Business & Industrial Law, S.Chand
5. Singh, Avtar, Business Law, Eastern Book Company, Lucknow.
6. Maheshwari & Maheshwari, Business Law, National Publishing House, New Delhi.
7. Chadha, P. R., Business Law Galgotia Publishing Company, New Delhi.
8. Aggarwal S K, Business Law, Galgotia Publishers Company, New Delhi.
9. GoyalBhushan Kumar and Jain Kinneri, Business Laws, International Book House
10. Ravinder Kumar, Legal Aspects of Business, Cengage Learning
8
SEMESTER - I
GE-1 : Micro Economics
Duration: 3 hrs.
Objective: Objective of the course is to acquaint the students with the concepts of
microeconomics dealing with consumer behaviour. The course also makes the student
understand the supply side of the market through the production and cost behaviour of firms.
Contents:
Unit I: Demand and Consumer Behaviour
Concepts of revenue: Marginal and Average: Revenue under conditions of Perfect and
imperfect competition, Elasticity of demand: price, income and cross. Consumer Behaviour:
Indifference curve analysis of consumer behavior; Consumer’s equilibrium, Price elasticity
and price consumption curve, income consumption curve and Engel curve, price change and
income and substitution effects.
Unit II: Production and Cost

Production iso-quants, marginal rate of technical substitution, economic region of
production, optimal combination of resources, the expansion path, returns to scale using iso-
quants Cost of Production: Social and private costs of production, long run and short run
costs of production.
Unit III: Perfect Competition

Perfect competition: Assumptions, Equilibrium of the firm and the industry in the short and
the long-runs, including industry’s long run supply curve. Measuring producer surplus under
perfect competition
Unit IV: Monopoly

Monopoly: Monopoly short run and long run equilibrium. Shifts in demand curve and the
absence of the supply curve. Measurement of monopoly power and the rule of thumb for
pricing, Horizontal and vertical integration of firms
Unit V: Imperfect Competition

Monopolistic Competition and Oligopoly: Monopolistic competition price and output
decision equilibrium. Monopolistic Competition and economic efficiency Oligopoly and
Interdependence.
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Suggested Readings:
1. Ahuja, H.L, Micro Economics, S.Chand
2. Dwivedi, D.N. Micro Economics, Vikash Publication
3. Mehta P.K, Singh M. – Micro Economics – Taxmann Publication
4. Pindyck, R.S., D. L. Rubinfeld and P. L. Mehta; Microeconomics, Pearson Education.
5. N. Gregory mankiw, Principles of Micro Economics, Cengage Learning
6. Browining, E.K. and J.M. Browning; Microeconomic Theory and Applications,
Kalyani Publishers, New Delhi.
7. Gould, J.P. and E.P. Lazear; Microeconomic Theory, All India Traveller Bookseller,
New Delhi.
8. Lipsey, R.G. and K.A. Chrystal; Economics, Oxford University Press.
9. Maddala G.S. and E. Miller; Microeconomics: Theory and Applications, MCGraw-
Hill International.
10. Salvatore, D. Schaum’s Outline of Theory and Problems of Microeconomic Theory,
McGraw-Hill, International Edition.
11. Bilas, Richard A. Microeconomic Theory: A Graphical Analysis, McGraw-Hill Book
Co. Kogakusha Co. Ltd.
12. AmitSachdeva, Micro Economics,KusumLata Publishers.
10
SEMESTER - II
AECC-2 : English Communication
Duration: 3hrs.
UNIT -I Introduction [20

1. What is communication ?
2. Types of Communication
 Horizontal. Vertical. Interpersonal. Grapevine
3. Uses of Communication
Prescribed Reading: Chapter 1 Applying Communication Theory for Professional Life: A
Practical Introduction by Dainton and Zelley.
UNIT-II Language of Communication [20

1. Verbal: Spoken and Written
2. Non-verbal
 Proxemies .Kinesics. Haptics .Chronemics .Paralinguistics
3. Barriers to communication
UNIT -III Reading Comprehension (Based on a Passage from Prescribed Text Book)[20
 Locate and remember the most important points in the reading
 Interpret and evaluate events, ideas and information
 Read ‘between the lines’ to understand underlying meanings
 Connect information to what they already know.
Unit-IV Writing [20
1. Expanding an idea
2. Writing a memo
3. Report writing
4. News story
5. Setting in creative writing
6. Writing a business letter
7. Letters to the editor
8. Précis writing
9. CV & Resume writing
10. Dialogue writing
11. Writing formula email
12. Note making
13. Elements of story writing
14. Interviewing for news papers.
11
Unit-V A. Presenting views on a Debatable Topic [10

B. Grammer and Usage [10
1. Simple and compound Sentences
2. Complex Sentences
3. The conditionals in English
4. The Second Conditional
5. The Third Conditional
6. Words and their features
7. Using Modals
8. Use of prepositions
9. Use of Passives
10. Subject-verb Agreement
11. Sentence as a system
12. Common errors in English Usage.
Mid Term Test

Unit-I (preferably short questions on types and uses of communication) [20
Final Semester Examination Total Marks =80 Marks
Unit-2 : One long question with choice & Two short notes with choice [10+2x5=20
Unit-3 : Reading : 04 questions (2 prose & 2 poetry questions) [4x5=20
Unit-4 : Writing : 02 questions [2x10=20
Unit-5 : Grammar & usage [1x10=20
Books prescribed :
Vistas and Visions : An Anthology of Prose and Poetry (Ed.) Kalyani Samantaray, Himansu
S. Mohapatra, Jatindra K. Nayak, Gopa Ranjan Mishra & Arun Kumar Mohanty. OBS
Texts to be studied :
Prose :
1. The last leaf
2. Ecology and Society
3. How Wealth Accmulates and Men Decay
4. The open Window
Poetry :
1. Sonnet 46
2. Extract from Paradise Lost
3. Last Sonnet
4. Pigeons
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SEMESTER - II
CC-3 : Corporate Accounting
Duration: 3 hrs.
Marks: 100(80+20) Lectures: 65
Objectives: To help the students to acquire the conceptual knowledge of the corporate
accounting and to learn the techniques of preparing the financial statements.
Contents:
Unit-1 : Accounting for Share Capital & Debentures
Issue of shares, forfeiture and reissue of forfeited shares- concept & process of book
building, Issue of rights and bonus shares; Buy back of shares, Redemption of preference
shares. Issue and Redemption of Debentures.
Unit 2 Final Accounts

Preparation of profit and loss account and balance sheet of corporate entities (excluding
calculation of managerial remuneration) Disposal of company profits.
Unit 3. Valuation of Goodwill and Valuation of Shares

Concepts and calculation - simple problem only.
Unit 4 Amalgamation of Companies

Concepts and accounting treatment as per Accounting Standard: 14 (ICAI) (excluding
intercompany holdings). Internal reconstruction: concepts and Accounting treatment
excluding scheme of reconstruction.
Unit 5 Liquidation of Company

Meaning of liquidation, modes of winding up, consequences of winding up, statement of
affairs, liquidator’s final statement of account, list ‘B’ contributories
Suggested Readings:
1. Monga, J.R. Fudamentals of Corporate Accounting. Mayur Paper Backs, New Delhi.
2. Tulsian, P.C, Corporate Accounting, S. Chand
3. Shukla, M.C., T.S. Grewal, and S.C. Gupta. Advanced Accounts. Vol.-II. S. Chand &
Co., New Delhi.
4. Maheshwari, S.N. and S. K. Maheshwari. Corporate Accounting. Vikas Publishing
House, New Delhi.
13
5. Sehgal, Ashok and Deepak Sehgal. Corporate Accounting. Taxman Publication, New
Delhi.
6. Gupta, Nirmal. Corporate Accounting. Sahitya Bhawan, Agra.
7. Jain, S.P. and K.L. Narang. Corporate Accounting. Kalyani Publishers, New Delhi.
8. Compendium of Statements and Standards of Accounting. The Institute of Chartered
Accountants of India, New Delhi.
9. Bhushan Kumar Goyal, Fundamentals of Corporate Accounting, International Book
House
14
SEMESTER - II
CC-4 : Corporate Laws
Duration: 3 hrs.
Objectives: The objective of the course is to impart basic knowledge of the provisions of
the Companies Act, 2013 and the Depositories Act, 1996. Case studies involving issues in
corporate laws are required to be discussed.
Contents:
UNIT I Introduction
Administration of Company Law [including National Company Law Tribunal (NCLT),
National Company Law Appellate Tribunal (NCLAT), Special Courts]; Characteristics of a
company; types of companies including one person company, small company, dormant
company and producer company; association not for profit; formation of company, on-line
filing of documents, promoters, their legal position. (As per companies Act, 2013)
UNIT II Documents
Memorandum of association, articles of association, GDR; book building; issue, allotment
and forfeiture of share, transmission of shares, buyback and provisions regarding buyback;
issue of bonus shares(As per companies Act, 2013)
UNIT III Management

Classification of directors, women directors, independent director, disqualifications, directo
identity number (DIN); appointment; Legal positions, powers and duties; removal of
directors; managing director, meetings of shareholders and board; types of meeting, meeting
through video conferencing, e-voting. Audit Committee, Nomination and Remuneration
Committee, Stakeholders Relationship Committee, Corporate Social Responsibility
Committee. (As per companies Act, 2013)
UNIT IV Dividends, Accounts, Audit–

Provisions relating to payment of Dividend, Provisions relating to Books of Account,
Provisions relating to Audit, Auditors' Appointment, Rotation of Auditors, Auditors' Report.
Winding Up - Concept and modes of Winding Up.
Whistle Blowing –Whistle blowing: Concept and Mechanism.
15
UNIT V Depositories Law:

The Depositories Act 1996 – Definitions; rights and obligations of depositories; participants
issuers and beneficial owners; inquiry and inspections, penalty
Suggested Readings:
1. Arora &Banshal, Corporate Law – Vikash Publication
2. Gogna, P.P.S – Company Law, S. Chand
3. MC Kuchhal Corporate Laws, Shri Mahaveer Book Depot. (Publishers).
4. GK Kapoor& Sanjay Dhamija, Company Law, Bharat Law House.
5. Reena Chadha and Sumant Chadha, Corporate Laws, Scholar Tech Press.
6. Gowar, LCB, Principles of Modern company Law, Stevens & Sons, London.
7. Ramaiya, A Guide to Companies Act, LexisNexis, Wadhwa and Butters worth.
8. A Compendium of Companies Act 2013, along with Rules, by Taxmann Publications.
9. Avtar Singh, Introduction to company Law, Eastern Book Company
16
SEMESTER - II
GE-2 : Macro Economics
Duration: 3 hrs.
Objectives: The course aims at providing the student with knowledge of basic concepts of
the macro economics. The modern tools of macro-economic analysis are discussed and the
policy framework is elaborated, including the open economy.
Contents:
Unit I
Introduction – concepts and variables of macro-economics, income, expenditure and the
circular flow, components of expenditure. Static macro economic analysis short and the long
run – determination of supply, determination of demand, and conditions of equilibrium
Unit II
Economy in the short run – IS–LM framework, fiscal and monetary policy, determination of
aggregate demand, shifts in aggregate demand, aggregate supply in the short and long run,
and aggregate demand- aggregate supply analysis.
Unit III
Inflation, causes of rising and falling inflation, inflation and interest rates, social costs of
inflation. Unemployment – natural rate of unemployment, frictional and wait
unemployment. The trade-off between inflation and unemployment
Unit IV
Open economy – flows of goods and capital, saving and investment in a small and a large
open economy, exchange rates, Mundell – Fleming model with fixed and flexible prices in a
small open economy with fixed and with flexible exchange rates, interest-rate differentials
case of a large economy.
Unit V
Behavioral Foundations - Investment –determinants of business fixed investment, effect of
tax, determinants of residential investment and inventory investment. Demand for Money –
Portfolio and transactions theories of demand for real balances, interest and income elasticity
of demand for real balances, Supply of money.
17
Suggested Readings
1. Ahuja H.L – Macro Economics – S.Chand
2. Mankiw, N. Gregory. Principles Macroeconomics.Cengage Learning
3. Dornbusch, Rudiger, and Stanley. Fischer, Macroeconomics. McGraw-Hill.
4. Dornbusch, Rudiger., Stanley. Fischer and Richard Startz, Macroeconomics.
Irwin/McGraw-Hill.
5. Deepashree, Macro Economics, Scholar Tech. New Delhi.
6. Barro, Robert, J. Macroeconomics, MIT Press, Cambridge MA.
7. Burda, Michael, and Wyplosz. Macroeconomics A European Text. Oxford University
Press, Oxford.
8. Vaish – Macro Economics – Vikash Publication
9. Salvatore, Dominick. International Economics. John Wiley & Sons Singapore.
10. Branson, William H. Macroeconomic Theory and Policy. HarperCollins India Pvt.
Ltd.
18
SEMESTER - III
CC-5 : Human Resource Management
Duration: 3 hrs.
Objective: The objective of the course is to acquaint students with the techniques and
principles to manage human resource of an organization.
Contents:
Unit I:
Human Resource Management: Concept and Functions, Role, Status and competencies of
HR Manager, HR Policies, Evolution of HRM. Emerging Challenges of Human Resource
Management; workforce diversity, empowerment, Downsizing; VRS; Human Resource
Information System;
Unit II
Acquisition of Human Resource: Human Resource Planning- Quantitative and Qualitative
dimensions; job analysis – job description and job specification; Recruitment – Concept and
sources; Selection – Concept and process; test and interview; placement induction.
Unit III
Training and Development; Concept and Importance; Identifying Training and Development
Needs; Designing Training Programmes; Role Specific and Competency Based Training;
Evaluating Training Effectiveness; Training Process Outsourcing; Management
Development; Career Development.
Unit IV
Performance appraisal; nature and objectives; Modern Techniques of performance appraisal;
potential appraisal and employee counseling; job changes - transfers and promotions.
Compensation: concept and policies; job evaluation; methods of wage payments and
incentive plans; fringe benefits; performance linked compensation.
Unit V
Maintenance: employee health and safety; employee welfare; social security; Employer
Employee relations- an overview. Grievance handling and redressal Industrial Disputes
causes and settlement machinery.
19
Suggested Readings:
1. Bohlendar and Snell, Principles of Human Resource Management,Cengage Learning
2. Chhabra, T.N. Essentials of Human Resource Management. Sun India Publication
New Delhi.
3. DeCenzo, D.A. and S.P. Robbins, “Personnel/Human Resource Management”,
Prentice Hall of India, New Delhi.
4. Khanka S.S. Human Resource Management. S Chand.
5. Rao V.S.P - Human Resource Management. Vikash Publication
6. SanghiSeema, Human Resource Management – Vikash Publication
7. Ivancevich, John M. Human Resource Management. McGraw Hill.
8. Wreather and Davis. Human Resource Management. Pearson Education.
9. Robert L. Mathis and John H. Jackson. Human Resource Management. Cengag
Learning.
20
SEMESTER - III
CC-6 : Income Tax Law and Practice
Duration: 3 hrs.
Objective: To provide basic knowledge and equip students with the application of principles
and provisions of Income Tax Act 1961.
Contents:
Unit I
Basic concept: Income, agricultural income, person, assessee,assessment year, previous year,
gross total income, total income, Maximum marginal rate of tax. Permanent Account
Number (PAN), Residential status; Scope of total income on the basis of residential Status
Exempted income under section 10.
Unit II Computation of income under different heads

- Salaries
- Income from house property.
Unit III Computation of income under different heads

- Profits and gains of business or profession
- Capital gains
- Income from other sources.
Unit IV Total income and tax computation

Income of other persons included in assessee’s total income- Aggregation of income and set-
off and carry forward of losses Deductions from gross total income, Rebates and reliefs
- Computation of total income of individuals and firms
- Tax liability of an individual and firm
- Five leading cases of Supreme Court
Unit V Preparation of return of income:

- Manually On-line filing of Returns of Income & TDS.
- Provision & Procedures of Compulsory On-Line filing of returns for specified
assesses.
- Income Tax Authorities.
21
Suggested readings:
1. Singhania, Vinod K. and Monica Singhania. Students’ Guide to Income Tax,
University Edition. Taxmann Publications Pvt. Ltd., New Delhi.
2. Ahuja, Girish and Ravi Gupta. Systematic Approach to Income Tax. Bharat Law
House, Delhi.
3. Pagare, Dinkar. Law and Practice of Income Tax. Sultan Chand and Sons, New Delhi.
4. Lal, B.B. Income Tax Law and Practice. Konark Publications, New Delhi.
Journals
1. Income Tax Reports. Company Law Institute of India Pvt. Ltd., Chennai.
2. Taxman. Taxman Allied Services Pvt. Ltd., New Delhi.
3. Current Tax Reporter. Current Tax Reporter, Jodhpur.
Software
1. Dr. Vinod Kumar Singhania, e-filing of Income Tax Returns and Computation of Tax,
Taxmann Publication Pvt. Ltd, New Delhi. Latest version
2. Excel Utility available at incometaxindiaefiling.gov.in
22
SEMESTER - III
CC-7 : Management Principles & Applications
Duration: 3 hrs.
Objective: The objective of the course is to provide the student with an understanding of
basic management concepts, principles and practices.
Unit 1: Introduction
Concept: Need for Study, Managerial Functions – An overview; Co-ordination: Essence of
Managership, Evolution of the Management Thought, Classical Approach – Taylor, Fayol,
Neo- Classical and Human Relations Approaches – Mayo, Hawthorne Experiments,
Behavioural Approach, Systems Approach, Contingency Approach – Lawerence & Lorsch,
MBO - Peter F. Drucker.
Unit 2: Planning
a. Types of Plan – An overview to highlight the differences b. Strategic planning – Concept,
process, Importance and limitations c. Environmental Analysis and diagnosis (Internal and
external environment) –Definition, Importance and Techniques (SWOT/TOWS/WOTSUP,
BCG Matrix, Competitor Analysis), Business environment; Concept and Components d.
Decision-making – concept, importance
Unit 3: Organising
Concept and process of organising – An overview, Span of management, Different types of
authority (line, staff and functional), Decentralisation, Delegation of authority Formal and
Informal Structure; Principles of Organising; Network Organisation Structure
Unit 4: Staffing and Leading

a. Staffing: Concept of staffing, staffing process b. Motivation: Concept, Importance,
extrinsic and intrinsic motivation; Major Motivation theories - Maslow’s Need-Hierarchy
Theory; Hertzberg’s Two-factor Theory, Vroom’s Expectation Theory. c. Leadership:
Concept, Importance, Major theories of Leadership (Likert’s scale theory, Blake and
Mouten’s Managerial Grid theory) d. Communication: Concept, purpose, process; Oral and
written communication; Formal and informal communication networks, Barriers to
communication, Overcoming barriers to communication.
23
Unit 5: Control
a. Control: Concept, Process, Limitations, Principles of Effective Control, Major
Techniques of control - Ratio Analysis, ROI, Budgetary Control, EVA,PERT/CPM.
b. Emerging issues in Management
Suggested Readings:
1. Chandan J.S – Management Concepts of Strategy – Vikash Publication
2. Pillai RSN – Principles & Practice of Management – S. Chand
3. Harold Koontz and Heinz Weihrich, Essentials of Management: An International and
4. Leadership Perspective, McGraw Hill Education.
5. Stephen P Robbins and Madhushree Nanda Agrawal, Fundamentals of Management:
Essential
6. Concepts and Applications, Pearson Education.
7. George Terry, Principles of Management, Richard D. Irwin
8. Newman, Summer, and Gilbert, Management, PHI
9. James H. Donnelly, Fundamentals of Management, Pearson Education.
10. B.P. Singh and A.K.Singh, Essentials of Management, Excel Books
11. Griffin, Management Principles and Application, Cengage Learning
12. Robert Kreitner, Management Theory and Application, Cengage Learning
13. TN Chhabra, Management Concepts and Practice, DhanpatRai& Co. (Pvt. Ltd.), New
Delhi
14. Peter F Drucker, Practice of Management, Mercury Books, London
15. Gupta R.N - Principles & Practice of Management – S. Chand
24
SEMESTER - III
GE-3 : Business Statistics
Duration: 3 hrs.
Objective: The objective of this course is to familiarize students with the basic statistical
tools used for managerial decision-making.
Contents:
Unit 1 Statistical Data and Descriptive Statistics
Nature and Classification of data: univariate, bivariate and multivariate data; time-series and
cross-sectional data Measures of Central Tendency
a) Mathematical averages including arithmetic mean, geometric mean and harmonic
mean. Properties and applications.
b) Positional Averages
Mode and Median (and other partition values including quartiles, deciles, and
percentiles) (including graphic determination)
Unit 2
Measures of Variation: absolute and relative. Range, quartile deviation, mean deviation,
standard deviation, and their coefficients, Properties of standard deviation. Measures of
skewness, kurtosis and moments.
Graphic and diagrammatic representation of statistical data.
Unit 3 Simple Correlation and Regression Analysis

Correlation Analysis: Meaning of Correlation: simple, multiple and partial; linear and non-
linear, Correlation and Causation, Scatter diagram, Pearson’s co-efficient of correlation;
calculation and properties (proofs not required). Correlation and Probable error; Rank
Correlation Regression Analysis: Principle of least squares and regression lines, Regression
equations and estimation; Properties of regression coefficients; Relationship between
Correlation and Regression coefficients; Standard Error of Estimate
Unit 4 Index Numbers

Meaning and uses of index numbers: Construction of index numbers: fixed and chain base:
univariate and composite. Aggregative and average of relatives – simple and weighted Tests
of adequacy of index numbers, Base shifting, splicing and deflating. Problems in the
construction of index numbers Construction of consumer price indices, important share price
indices.
25
Unit 5 Time Series Analysis

Components of time series, Additive and multiplicative models Trend analysis, Fitting of
trend line using principle of least squares – linear, second degree parabola and exponential.
Conversion of annual linear trend equation to quarterly/monthly basis and vice-versa;
Moving averages Seasonal variations- Calculation of Seasonal Indices using Simple
averages, Ratio-to-trend, and Ratio-to-moving averages methods. Uses of Seasonal Indices
Suggested Readings:
1. Sharma J K, Fundamentals of Business Statistics – Vikash Publication
2. Levin, Richard, David S. Rubin, Rastogi, and Siddiqui. Statistics for Management. 7th
Edition. Pearson
Education.
3. Berenson and Levine. Basic Business Statistics: Concepts and Applications. Pearson
Education.
4. Siegel Andrew F. Practical Business Statistics. McGraw Hill.
5. Hazarika P. Business Statistics – S. Chand
6. Vohra N. D., Business Statistics, McGraw Hill.
7. Spiegel M.D. Theory and Problems of Statistics. Schaum’s Outlines Series. McGraw Hill
Publishing Co.
8. Gupta, S.P., and Archana Gupta. Statistical Methods. Sultan Chand and Sons, New Delhi.
9. Gupta, S.C. Fundamentals of Statistics. Himalaya Publishing House.
10. Arora – Business Statistics – S.Chand
26
SEMESTER - III
SEC-1 : E-Commerce
Duration: 3 hrs.
Objectives: To enable the student to become familiar with the mechanism for conducting
business transactions through electronic means.
Contents
Unit-1 : Introduction to E-Commerce
Introduction: Meaning, nature, concepts, advantages and reasons for transacting online,
categories of E-Commerce, Supply Chain Management, Customer Relations Management &
e-CRM.
Unit 2 : Planning; E-business

Planning Online-Business: Nature and dynamics of the internet, pure online vs. brick and
click business; assessing requirement for an online business designing, developing and
deploying the system, one to one enterprise, planning for market, destination marketing.
Unit 3 Technology for Online-Business:

Internet, IT Infrastructure, Middle ware contents: Text and Integrating E-business
applications.
Security and Legal Aspects of E-Commerce:

Threats in E-Commerce, Security of Clients and Service-Provider; Cyber Law - Information
Technology Act 2000: An overview of major provisions and virus & antivirus use.
Unit 4: Mechanism of making payment through internet:

Online-payment mechanism; Electronic Payment systems; payment Gateways; Visitors to
website; Plastic Money: Debit Card, Credit Card;
Unit 5: Applications in E-Commerce:

E-commerce applications in manufacturing, Trading in Wholesale, retail and service sector,
banking, insurance, hospital, tourism, transport etc.
Suggested Readings:
1. Pandey U.S – E.Commerce & Mobile Commerce Technology – S. Chand.
27
SEMESTER – IV
CC-8 : Cost and Management Accounting
Duration: 3 hrs.
Marks: 100 (80 + 20) Lectures: 65
Objective: To acquaint the students with basic concepts used in cost accounting, various
methods involved in cost ascertainment.
Contents:
Unit 1: Introduction
Meaning, objectives and advantages of cost accounting; Difference between cost accounting
and financial accounting; Cost concepts and classifications; Elements of cost including cost
sheet.
Unit 2: Materials, Labour and Overhead

Materials: Material/inventory control- concept and techniques, Accounting and control of
purchases, storage and issue of materials. Methods of pricing of materials issues – FIFO,
LIFO and Average
Labour: Accounting and Control of labour cost. Time keeping and time booking. Concept
and treatment of idle time, over time, labour turnover and fringe benefits. Methods of wage
payment and the Incentive schemes- Halsey, Rowan, Taylor’s Differential piece wage.
Overhead: Classification, allocation, apportionment and absorption of overhead. Under- and
over-absorption.
Unit 3: Methods of Costing

Methods of Costing: Contract Costing, Process costing (excluding inter process profit)
reconciliation of cost and financial accounts.
Unit 4: Budgeting and Standard Costing

Budgeting and budgetary control: Concept of budget and budgetary control, objectives,
merits, and limitations, Budget administration, Functional budgets, Fixed and flexible
budgets, Zero base budget Standard costing and variance analysis: Meaning of standard cost
and standard costing: advantages, limitations and applications, Variance analysis – material,
labour and overhead.
28
Unit 5: Marginal Costing

Absorption versus variable costing: Distinctive features and income determination. Cost-
Volume- Profit Analysis: Break-even analysis-algebraic and graphic methods. Contribution,
Margin of safety and Angle of incidence.
Suggested Reading:
1. Horngreen, Charles T., George Foster and Srikant M. Dattar. Cost Accounting: A
Managerial Emphasis. Prentice Hall of India Ltd., New Delhi.
2. Horngreen, Charles T., Gary L. Sundem. Introduction to Management Accounting.
Prentice Hall.
3. Jain, S.P. and K.L. Narang. Cost Accounting: Principles and Methods. Kalyani
Publishers, Jalandhar.
4. Lal, Jawahar. Cost Accounting. Tata McGraw Hill Publishing Co., New Delhi.
5. Nigam, B.M. Lall and I.C. Jain. Cost Accounting: Principles and Practice. Prentice
Hall of India, New Delhi.
6. Arora, M.N. Cost Accounting – Principles and Practice. Vikas Publishing House, New
Delhi.
7. Maheshwari, S.N. and S.N. Mittal. Cost Accounting: Theory and Problems. Shri
Mahabir Book Depot, New Delhi.
8. Singh, S. K. and Gupta Lovleen. Management Accounting – Theory and Practice.
Pinnacle Publishing House.
9. Usry, Milton E. and Lawrence H. Hammer. Cost Accounting: Planning and Control.
South Western Publishing Co.
10. Barfield, Jesset T., Cecily A. Raibarn and Michael R. Kinney. Cost Accounting:
Traditions and Innovations. Thomson Learning.
11. Lucey, T. Costing. ELST, London.
12. Garrison H., Ray and Eric W. Noreen. Managerial Accounting. McGraw Hill.
13. Drury, Colin. Management and Cost Accounting. Cengage Learning.
14. Lal, Jawahar. Advanced Management Accounting Text and Cases. S. Chand & Co.,
New Delhi.
15. Khan, M.Y. and P.K. Jain. Management Accounting. Tata McGraw Hill, Publishing
Co., New Delhi.
16. Hansen, Managerial Accounting, Cengage Learning
29
SEMESTER - IV
CC-9 : Business Mathematics
Duration: 3 hrs.
Marks: 100 (80 + 20) Lectures: 65
Objective: The objective of this course is to familiarize the students with the basic
mathematical tools with emphasis on applications to business and economic situations.
Contents:
Unit 1. Matrices and Determinant
Algebra of matrices, Inverse of a matrix, Matrix Operation – Business Application Solution
of system of linear equations (having unique solution and involving not more than three
variables) using matrix inversion Method and Cremer’s Rule.
Unit 2. Calculus I
Mathematical functions and their types- linear, quadratic, polynomial, exponential,
logarithmic and logistic function. Concepts of limit, and continuity of a function, Concept
and rules of differentiation, Maxima and Minima involving second order
Unit 3. Calculus II
Integration: Standard forms, Methods of integration – by substitution, by parts and by use of
partial fractions, definite integration, finding areas in simple cases
Unit 4. Mathematics of Finance

Simple and compound interest. Types of annuities, like ordinary, due, deferred, continuous,
perpetual, and their future and present values using different types of rates of interest,
Depreciation of Assets. (General annuities to be excluded).
Unit 5. Linear Programming

Formulation of linear programming problems (LPP): Graphical solution to LPPs. Cases of
unique and multiple optimal solutions, Unbounded solutions and infeasibility, and redundant
constraints, Solution to LPPs using Simplex method – maximization and minimization cases.
Suggested Readings:
1. Arora P.N. Business Mathematics – S.Chand
2. Anthony, M. and N. Biggs. Mathematics for Economics and Finance. Cambridge
University Press.
30
3. Arora S.R & Gupta K. – Business Mathematics – Taxmann Publication

4. Ayres, Frank Jr. Theory and Problems of Mathematics of Finance. Schaum’s Outlines
Series. McGraw Hill Publishing Co.
5. Budnick, P. Applied Mathematics. McGraw Hill Publishing Co.
6. Dowling, E.T. Mathematics for Economics, Schaum’s Outlines Series. McGraw Hill
Publishing Co.
7. Mizrahi and John Sullivan. Mathematics for Business and Social Sciences. Wiley and
Sons.
8. Zamirudeen & Bhambri – Business Statistics – Vikash Publication
9. Wikes, F.M. Mathematics for Business, Finance and Economics. Thomson Learning.
10. Prasad, Bindra and P.K. Mittal. Fundamentals of Business Mathematics. Har-Anand
Publications.
11. Thukral, J.K. Mathematics for Business Studies. Mayur Publications.
12. Vohra, N.D. Quantitative Techniques in Management. Tata McGraw Hill Publishing
Company.
13. Soni, R.S. Business Mathematics. Pitambar Publishing House.
14. Singh J. K. Business Mathematics. Himalaya Publishing House
15. Hazarika P. Business Mathematics – S.Chand
31
SEMESTER - IV
CC-10 : COMPUTER APPLICATIONS IN BUSINESS
Duration: 3 hrs.
Marks: 100(50+20+30) Lectures: 65
Objectives: To provide computer skills and knowledge for commerce students and to
enhance the student understands of usefulness of information technology tools for business
operations.
Contents:
Unit-1 : Word Processing
Introduction to word Processing, Word processing concepts, Use of Templates, Working
with word document: (Opening an existing document/creating a new document, Saving,
Selecting text, Editing text, Finding and replacing text, Closing, Formatting, Checking and
correcting spellings)Bullets and numbering, Tabs, Paragraph Formatting, Indent, Page
Formatting, Header and footer, Mail Merge including linking with Access Database, Tables:
Formatting the table, Inserting filling and formatting a table Creating Documents in the
areas: Mail Merge including linking with Access Database, Handling Tables, Inserting
Pictures and Video
Unit 2. Preparing Presentations:

Basics of presentations: Slides, Fonts, Drawing, Editing; Inserting: Tables, Images, texts,
Symbols, Media; Design; Transition; Animation; and Slideshow
Unit 3. Spreadsheet and its Business Applications

Spreadsheet concepts, Creating a work book, Saving a work book, Editing a workbook,
Inserting, deleting work sheets, Entering data in a cell, Formula Copying, Moving data from
selected cells, Handling operators in formula, Rearranging Worksheet, Project involving
multiple spreadsheets, Organizing Charts and graphs, Printing worksheet, Generally used
Spread sheet functions: Mathematical, Statistical, Financial, Logical, Date and Time,
Lookup and reference, Text functions.
Unit 4. Creating spreadsheet in the following areas:

Internet, E-mail, web, HTML, www, e-banking, i-banking, m-banking, m-banking.
32
Unit 5. E-Accounting System (Practical)

Creating Company, Editing a Database using Forms, Generating Reports Creating DBMS in
the areas of Accounting, Employees, Suppliers and Customer, journal, ledger, cash book,
trial balance and trading & P/L Account with balance sheet, e-accounting package, online
payments.
Suggested Readings:
1. Saxena& Chopra – Computer Application in Management – Vikash Publication
2. Nagpal – Computer Fundamental – S.Chand
33
SEMESTER - IV
GE-4 : INDIAN ECONOMY – Performance and Policies
Duration: 3 hrs.
Objective: This course seeks to enable the student to grasp the major economic problems in
India and their solution.
Contents:
Unit 1: Basic Issues in Economic Development:
Concept and Measure of Development and Underdevelopment; Human Development.
Unit 2: Basic Features of the Indian Economy at Independence:

Composition of national income and occupational structure, the agrarian scene and industrial
structure.
Unit 3: Policy Regimes:

a) The evolution of planning and import substituting industrialization.
b) Economic reform and liberalization.
Unit 4: Growth, Development and Structural Change:

a) The experience of Growth, Development and Structural Change in different phases of
growth and policy regimes across sectors and regions.
b) The Institutional Framework: Patterns of assets ownership in agriculture and
industry; Policies for restructuring agrarian relations and for regulating concentration
of economic power;
c) Changes in policy perspectives on the role of institutional framework after 1991.
d) Growth and Distribution; Unemployment and Poverty; Human Development;
Environmental concerns.
e) Demographic Constraints: Interaction between population change and economic
development.
Unit 5: Sectoral Trends and Issues:

a) Agriculture: Agrarian growth and performance in different phases of policy regimes
i.e. pre green revolution and the two phases of green revolution; Factors influencing
productivity and growth; the role of technology and institutions; price policy, the
public distribution system and food security.
34
b) Industry and Services: Phases of Industrializations – the rate and pattern of industrial
growth across alternative policy regimes; Public sector – its role, performance and
reforms; The small scale sector; Role of Foreign capital.
c) The Financial Sector: Structure, Performance and Reforms. Foreign Trade and
balance of Payments: Structural Changes and Performance of India’s Foreign Trade
and Balance of Payments; Trade Policy Debate; Export policies and performance;
Macro Economic Stabilization and Structural Adjustment; India and the WTO.
Readings:
1. Gaurav Dutt and KPM Sundarum, Indian Economy, S. Chand & Company.
2. GopalJi, Suman & Anisha Bakhri – Indian Economy, Vikash Publication
3. Mishra and Puri, Indian Economics, Himalaya Publishing House
4. Deepashree, “Indian Economy, Performance and Polices”, Scholar Tech. New Delhi
5. Bettleheim. Charles India Independent. Chapters 1, 2 and 3.
6. Bhagwati, J. and Desai, P. India: Planning for industrialization, OUP, Ch 2.
7. Patnaik, Prabhat. Some Indian Debates on Planning. T. J. Byres (ed.). The Indian
Economy: Major Debates since Independence, OUP.
8. Ahluwalia, MontekS. State-level Performance under Economic Reforms in India in A.
O Krueger. (ed.). Economic Policy Reforms and the Indian Economy, The University
of Chicago Press.
9. Nagaraj, R. Indian Economy since 1980: Vitrious Growth or Polarisation? Economic
and Political Weekly. pp. 2831-39.
10. Ray, S. K. Land Systems and its Reforms In India. Sections II & III, Indian Journal of
Agricultural Economics. Vol. 51. Nos. 1 & 2.
11. Visaria, Pravin. Demographic Aspects of Development: The Indian Experience. Indian
Journal of Social Sciences.Vol. 6.No. 3.
12. Dreze, Jean and Amartya Sen. Economic Development and Social Opportunity. Ch. 2.
OUP.
13. Vaidyanathan, A. India’s Agricultural Development Policy. Economic and Political
Weekly.
14. Sawant, S. D. and C. V. Achuthan. Agricultural Growth across Crops and Regions:
Emerging Trends and Patterns. Economic and Political Weekly. Vol. 30 A2-A13.
15. Krishnaji, N. Agricultural Price Policy: A Survey with Reference to Indian Foodgrain
Economy. Economic and Political Weekly. Vol. 25. No. 26.
16. Chaudhuri, Sudip. Debates on Industrialisation.in T.J. Byres (ed.). The Indian
Economy : Major Debates since Independence, OUP.
17. Chandra, Nirmal K. Growth of Foreign Capital and its Importance in Indian
Manufacturing. Economic and Political Weekly. Vol. 26. No. 11.
35
18. Khanna, Sushil. Financial Reforms and Industrial Sector in India. Economic and
Political Weekly. Vol. 34. No. 45.
19. Vaidyanathan, A. Poverty and Development Policy. Economic and Political Weekly.
20. Deaton, A and Jean Dreze. Poverty and Inequality in India. Economic and Political
Weekly.
21. Planning Commission, Task Force on Employment Opportunities. Ch 1 and 2
22. Uma Kapila (ed), “Indian Economy since Independence”, Relevant articles.
23. Rangarajan, C. and N. Jadhav. Issues in Financial Sector Reform. BimalJalan. (ed).
The Indian Economy. Oxford University Press, New Delhi.
24. Chakravarty, Sukhamoy. Development Planning – The Indian Experience. Oxford
University Press, Delhi.
36
SEMESTER - IV
SEC-2 : Entrepreneurship
Duration: 3 hrs.
Objective: The purpose of the paper is to orient the learner toward entrepreneurship as a
career option and creative thinking and behavior for effectiveness at work and in life.
Contents:
Unit-1
Meaning, elements, determinants and importance of entrepreneurship and creative behavior
Entrepreneurship and creative response to the society’ problems and at work, Dimensions of
entrepreneurship: intra-preneurship, techno-preneurship, cultural entrepreneurship,
international entrepreneurship, net-preneurship, eco-preneurship, and social
entrepreneurship.
Unit-2 : Entrepreneurship and Micro, Small and Medium Enterprises:

Concept of business groups and role of business houses and family business in India, The
contemporary role models in Indian business: their values, business philosophy and
behavioral orientations. Conflict in family business and its resolution
Unit-3
Public and private system of stimulation, support and sustainability of entrepreneurship,
Requirement, availability and access to finance, marketing assistance, technology, and
industrial accommodation, Role of industries/entrepreneur’s associations and self-help
groups. The concept, role and functions of business incubators, angel investors, venture
capital and private equity fund.
Unit-4 : Sources of business ideas and tests of feasibility:

Significance of writing the business plan/ project proposal, Contents of business plan/
project proposal. Designing business processes, location, layout, operation, planning &
control; preparation of project report (various aspects of the project report such as size of
investment, nature of product, market potential may be covered). Project submission/
presentation and appraisal thereof by external agencies, such as financial/non-financial
institutions.
37
Unit 5
Mobilizing resources for start-up, Accommodation and utilities, Preliminary contracts with
the vendors, suppliers, bankers, principal customers; Contract management: Basic start-up
problems.
Suggested Readings:
1. SS Khanka, Entrepreneurial Development, S. Chand & Co, Delhi.
2. Kuratko and Rao, Entrepreneurship: A South Asian Perspective, Cengage Learning.
3. Rao, V.S.P – Business Entrepreneurship & Management – Vikash Publication
4. Desai, Vasant. Dynamics of Entrepreneurial Development and Management. Mumbai,
Himalaya Publishing House.
5. Dollinger, Mare J. Entrepreneurship: Strategies and Resources. Illinois, Irwin.
6. Holt, David H. Entrepreneurship: New Venture Creation. Prentice-Hall of India, New
Delhi.
7. Jain, Arun Kumar. Competitive Excellence: Critical Success Factors. New Delhi:
Viva Books Limited. ISBN-81-7649-272-8.
6. Panda, ShibaCharan. Entrepreneurship Development. New Delhi, Anmol
Publications. (Latest Editions)
7. Plsek, Paul E. Creativity, Innovation and Quality. (Eastern Economic Edition), New
Delhi: Prentice-Hall of India. ISBN-81-203-1690-8.
8. SIDBI Reports on Small Scale Industries Sector.
9. Singh, Nagendra P. Emerging Trends in Entrepreneurship Development. New Delhi:
ASEED.
38
SEMESTER-V
CC-11 : PRINCIPLES OF MARKETING
Duration: 3 hrs.
Objective: The objective of this course is to provide basic knowledge of concepts, principles,
tools and techniques of marketing.
Contents:
Unit-1
Introduction: Nature, scope and importance marketing; Evolution of marketing concepts;
Marketing mix, Marketing environment.
Consumer Behavior – An Overview: Consumer buying process; Factors influencing
consumer buying decisions.
Unit-2
Market Selection: Market segmentation – concept, importance and bases; Target market
selection; Positioning concept, importance and bases; Product differentiation vs. market
segmentation;
Product: Meaning and importance. Product classifications; Concept of product mix;
Branding, packaging and labeling; Product-Support; Product life-cycle; New Product
Development.
Unit-3
Pricing: Significance, Factors affecting price of a product; Pricing Policies and strategies;
Promotion: Nature and importance of promotion; Communication process; Types of
promotion: advertising, personal selling, public relations & sales promotion, and their
distinctive characteristics; Promotion mix and factors affecting promotion mix decisions.
Unit-4
Distribution: Channels of distribution - meaning and importance; Types of distribution
channels; Wholesaling and retailing; Factors affecting choice of distribution channel;
Physical Distribution.
Retailing: Types of retailing – store based and non-store based retailing, chain stores,
specialty stores, supermarkets, retail vending machines, mail order houses, retail
cooperatives; Management of retailing operations: an overview; Retailing in India: changing
scenario.
39
Unit-5
Rural marketing: Growing Importance; Distinguishing characteristics of rural markets;
Understanding rural consumers and rural markets; Marketing mix planning for rural markets.
Recent developments in marketing: Social marketing, on line marketing, direct
marketing, services marketing, green marketing,
Suggested Readings:
1. Kotler, Philip, Gary Armstrong, Prafulla Agnihotri and AhsanUlHaque. Principles of
Marketing. 13thedition. Pearson Education.
2. Mahajan & Mahajan – Principles of Marketing – Vikash Publication.
3. Michael, J. Etzel, Bruce J. Walker, William J Staton and Ajay Pandit. Marketing
Concepts and Cases. (Special Indian Edition).
4. Rudani R.B – Basics of Marketing Management – S. Chand
5. McCarthy, E. Jerome., and William D. Perreault. Basic Marketing. Richard D. Irwin.
6. Lamb, Charles W., Joseph F. Hair, Dheeraj Sharma and Carl McDaniel. Marketing: A
South Asian Perspective. Cengage Learning.
7. Pride, William M., and D.C. Ferell. Marketing: Planning, Implementation & Control.
Cengage Learning.
8. Majaro, Simon. The Essence of Marketing. Prentice Hall, New Delhi.
9. Zikmund William G. and Michael D’Amico. Marketing; Creating and Keeping
Customers in an E-Commerce World. Thomson Learning.
10. Chhabra, T.N., and S. K. Grover. Marketing Management. Fourth Edition. Dhanpat
Rai & Company.
11. The Consumer Protection Act 1986.
12. Iacobucci and Kapoor, Marketing Management: A South Asian Perspective. Cengage
Learning.
13. Arun Kumar – Marketing management – Vikash Publication
40
SEMESTER-V
CC-12 : Fundamentals of Financial Management
Duration: 3 hrs.
Objective: To familiarize the students with the principles and practices of financial
management.
Contents:
Unit-1
Introduction to Financial Management: Scope and objective, Time value of money, Risk
and return, Valuation of securities Finance, Function, Bonds and Equities.
Unit-2
Long Term Investment Decisions: The Capital Budgeting Process, Cash flow Estimation,
Payback Period Method, Accounting Rate of Return, Net Present Value (NPV), Net
Terminal Value, Internal Rate of Return (IRR), Profitability Index
Unit-3
Financing Decisions: Sources of long-term financing, Estimation of components of cost of
capital. Methods for Calculating cost of equity capital, Cost of Retained Earnings, Cost of
Debt and Cost of Preference Capital, Weighted Average cost of capital (WACC) and
Marginal cost of capital. Capital structure –Theories of Capital Structure (Net Income, Net
Operating Income, MM Hypothesis, Traditional Approach). Operating and financial
leverage, Determinants of capital structure
Unit-4
Dividend Decisions: Theories for Relevance and irrelevance of dividend decision for
corporate valuation. Cash and stock dividends, Dividend policies in practice
Unit-5
Working Capital Decisions: Concepts of working capital, the risk-return trade off, sources
of short-term finance, working capital estimation, cash management, receivables
management, Inventory management and payables management.
41
Suggested Readings
1. Bhalla V.K – Financial Management – S.Chand
2. Horne, J.C. Van and Wackowich. Fundamentals of Financial Management. 9thed.
New Delhi Prentice Hall of India.
3. Johnson, R.W. Financial Management. Boston Allyn and Bacon.
4. Joy, O.M. Introduction to Financial Management. Homewood: Irwin.
5. Khan and Jain. Financial Management text and problems. 2nd ed. Tata McGraw Hill
New Delhi.
6. Pandey, I.M. Financial Management. Vikas Publications.
7. Chandra, P. Financial Management- Theory and Practice. (Tata McGraw Hill).
8. Rustagi, R.P. Fundamentals of Financial Management. Taxmann Publication Pvt. Ltd.
9. Singh, J.K. Financial Management- text and Problems. 2nd Ed. DhanpatRai and
Company, Delhi.
10. Singh, Surender and Kaur, Rajeev. Fundamentals of Financial Management. Book
Bank International.
11. Brigham and Houston, Fundamentals of Financial Management, 13th Ed., Cengage
Learning
42
SEMESTER-V
DSE-1 (A): Financial Markets, Institutions and Services
Duration: 3 hrs.
Objective: To provide the student a basic knowledge of financial markets and institutions
and to familiarize them with major financial services in India.
Contents
Unit-1
An Introduction to Financial System, its Components – financial markets and
institutions, financial intermediation, Flow of funds matrix, financial system and economic
development, an overview of Indian financial system
Unit-2
Financial Markets: Money market – functions, organization and instruments. Role of
central bank in money market; Indian money market – An overview Capital Markets –
functions, organization and instruments. Indian debt market; Indian equity market – primary
and secondary markets; Role of stock exchanges in India
Unit-3
Financial Institutions: Commercial banking – introduction, its role in project finance and
working capital finance, Development Financial institutions (DFIs) – An overview and role
in Indian economy, Life and non-life insurance companies in India; Mutual Funds –
Introduction and their role in capital market development. Non-banking financial companies
(NBFCs).
Unit-4
Overview of financial services industry: Merchant banking – pre and post issue
management, underwriting. Regulatory framework relating to merchant banking in India
Unit-5
Leasing and Hire–purchase: Consumer and housing finance; Venture capital; Factoring
services, bank guarantees and letter of credit; Credit rating; Counseling.
43
Suggested Readings:
1. Bhole, L.M. Financial Markets and Institutions. Tata McGraw-Hill Publishing
Company.
2. Pandian P. – Financial Service and Markets. Vikas Publishing House.
3. Dhanekar. Pricing of Securities. New Delhi: Bharat Publishing House.
4. NibasaiyaSapna – Indian Financial System – S.Chand
5. Prasanna, Chandra. Financial Management: Theory and Practice. Tata McGraw Hill \
Publishing Company Ltd., New Delhi.
6. Simha, S.L.N. Development Banking in India. Madras: Institute of Financial
Management and Research
7. Khan and Jain. Financial Services. 2nd ed. Tata McGraw Hill
8. Singh, J.K. Venture Capital Financing in India. Dhanpat Rai and Company, New
Delhi.
9. Annual Reports of Major Financial Institutions in India
44
SEMESTER-V
DSE-1 (B): BANKING AND INSURANCE SYSTEM
Duration: 3 hrs.
Objectives: To enable the students to acquire knowledge about basics of banking and
insurance.
Unit-1
Concept of Bank and Banking: Historical Evolution of Banking: Origin and Development
of Banking - Structure of Banking in India – Banks and Economic Development –Functions
of Commercial banks (conventional and innovative functions) – Central Bank – RBI –
functions – Emerging trends in Banking.
Unit-2
Types of Customers and Account holders: Procedure and practice in opening and
operating the accounts of customers - individuals including minors - joint account holders –
Partnership firms - joint stock companies - executors and trustees-clubs and associations.
Unit-3
Introduction to insurance: Purpose and need of insurance, insurance as a social security
tool - insurance and economic development - Principles of insurance -various kinds of
insurance - life, marine, fire, medical, general insurance - features.
Unit-4
Life Insurance - Law relating to life Insurance; General Principles of Life Insurance
Contract; Proposal and policy; assignment and nomination; title and claims; General
Insurance – Law relating to general insurance; different types of general insurance; general
insurance Vs life insurance – Insurance business in India.
Unit-5
Fundamentals of Agency Law: Definition of an agent; Agents regulations; Insurance
intermediaries; Agents' compensation. Procedure for Becoming an Agent: Pre-requisite for
obtaining a license; Duration of license; Cancellation of license; Revocation or
suspension/termination of agent appointment; Code of conduct; Unfair practices. Functions
of the Agent: Proposal form and other forms for grant of cover; Financial and medical
45
underwriting; Material information; Nomination and assignment; Procedure regarding

settlement of policy claims.
Reference Books:
1. Mishra S. Banking Law and Practice – S Chand
2. Sheldon H.P :Practice and Law of Banking.
3. Bedi. H.L :Theory and Practice of Banking.
4. Maheshwari. S.N. :Banking Law and Practice.
5. Shekar. K.C :Banking Theory Law and Practice.
6. Pannandikar&Mithami': Banking in India.
7. Radhaswamy&Vasudevan: Text Book of Banking.
8. Indian Institute of Bankers (Pub) Commercial Banking Vol-I/Vol-II (part I&II) Vol-
III.
9. Varshaney: Banking Law and Practice.
10. Dr. P. Periasamy: Principles and Practice of Insurance
11. Himalaya Publishing House, Delhi.
12. Inderjit Singh, RakeshKatyal& Sanjay Arora: Insurance Principles and Practices
13. Kalyani Publishers, Chennai.
14. M.N. Mishra: Insurance Principles and Practice, S. Chand & Company Ltd, Delhi.
15. G. Krishnaswamy : Principles & Practice of Life Insurance
16. Kothari &Bahl : Principles and Pratices of Insurance.
17. Prasad – Banking Insurance – Vikash Publication
46
SEMESTER-V
DSE-1 (C): INDIAN FINANCIAL SYSTEM
Duration: 3 hrs.
Objectives: To enable the students to understand the basic knowledge about the structure,
organization and working of financial system in India.
Unit-1
Financial System: Meaning and Significance-Functions of the financial system –Financial
Assets- Financial markets- Classification-Financial instruments-weakness of Indian
Financial System.
Unit-2
Money market: Definition-Features-Objectives-Features of a developed money market-
Importance of Money market-Composition of Money market-Operations and Participants-
Money market Instruments-features of Indian money market-Recent developments.
Unit-3
Primary, Secondary and Capital Markets: New issue market-meaning-functions-methods
floating new issue - intermediaries in the new issue market-merchants bankers and their
functions -Recent trends in new issue market - Stock Exchanges-Functions-Structure of
stock exchanges-BSE-NSE- listing of securities-Advantages of listing-methods of trading in
stock exchanges-on line trading-stock indices.
Unit-4
Financial Institutions: commercial banks- development financial institutions- Nonbanking
financial corporation’s-Mutual Funds, insurance companies – Objectives and functions (only
a brief outline).
Unit-5
Regulatory Institutions: RBI – Role and Functions. The Securities and Exchange Board of
India-objectives-function-powers-SEBI guidelines for primary and secondary market
Reference Books:
1. Kohn, Meir: Financial Institutions and Markets, Tata McGraw Hill.
2. Bhole L.M: Financial Institutions and Markets, Tata McGraw Hill.
47
3. Desai, Vasantha: The Indian Financial System, Himalaya Publishing House.

4. Machiraju.R.H: Indian Financial System, Vikas Publishing House.
5. Khan M.Y: Indian Financial System, Tata McGraw Hill.
6. Varshney, P.N., & D K Mittal, D.K.: Indian Financial System, Sulthan Chand & Sons
7. Gordon E. &Natarajan K.: Financial Markets & Services, Himalaya Publishing House.
8. Pathak, V. Bharati: Indian Financial System, Pearson Education.
48
SEMESTER – V
DSE-2 (A): FINANCIAL STATEMENT ANALYSIS & REPORTING
Duration: 3 hrs.
Objectives: To enable the students to understand the basic knowledge about the financial
statement analysis and reporting for economic decision making.
Unit-1
Introduction Concepts of financial statements – Nature of financial statements –
Objectives of financial statements – Different types of financial statements: income
statement, balance sheet, statement of retained earnings, fund flow statement, cash flow
statement, schedules – Limitations of financial statements.
Unit-2
Analysis & Interpretation of Financial Statements: Traditional Approaches Vs. Modern
Approaches to financial statement analysis – Classification of financial statement analysis:
based on modus operandi and based on materials used – Techniques of financial statement
analysis: Comparative Statements, Common-size Statements, Trend Ratios and Ratio
Analysis – Problems encountered in financial statement analysis.
Unit-3
Ratio Analysis: Classification of ratios – Ratio formation – Ratio interpretation – Practical
methods of ratio analysis: Time Series (intra firm) Analysis, Cross Sectional (inter firm)
Analysis, Residual Analysis and Multivariate Analysis.
Unit-4
Multivariate Ratio Analysis: Concept, objectives, uses and limitations – Univariate
analysis Vs. Multivariate ratio analysis – Application of statistical tools in financial
statement analysis.
Unit-5
Corporate Reporting: Cash Flow statement Analysis (AS 3) and Statutory and Non
Statutory Reports, Integrated Reporting
49
Suggested Readings:
1. Foster, G.: Financial Statement Analysis, Englewood Cliffs, NJ, Prentice Hall.
2. Sahaf M.A – Management Accounting – Principles & Practice – Vikash Publication
3. Foulke, R.A.: Practical Financial Statement Analysis, New York, McGraw-Hill.
4. Hendriksen, E.S.: Accounting Theory, New Delhi, Khosla Publishing House.
5. Kaveri, V.S.: Financial Ratios as Predictors of Borrowers’ Health, New Delhi, Sultan
Chand.
6. Lev, B.: Financial Statement Analysis – A New Approach, Englewood Cliffs, NJ,
Prentice Hall.
7. Maheswari, S.N.: Management Accounting & Financial Control, New Delhi, Sultan
Chand.
8. Myer, J.N.: Financial Statement Analysis, NJ, Prentice Hall. 8. Porwal, L.S.:
Accounting Theory – An Introduction, New Delhi, Tata-McGraw-Hill
50
SEMESTER – V
DSE-2 (B): MERCHANT BANKING AND FINANCIAL SERVICES
Duration: 3 hrs.
Objectives: To enable the students to understand the basic knowledge about the financial
services available in India.
Unit-1
Merchant Banking: Nature and scope of Merchant Banking - Regulation of Merchant
Banking Activity - overview of current Indian Merchant Banking scene - structure of
Merchant Banking industry - primary Markets in India and Abroad - - professional Ethics
and code of conduct - current Development.
Unit-2
Financial Services: Meaning and Definition, Role of Financial Services in a financial
system. Leasing: Meaning and features. Introduction to equipment leasing: Types of Leases,
Evolution of Indian Leasing Industry. Legal Aspects of Leasing: present Legislative
Framework. Hire purchase: concept and characteristics of Hire purchase. Difference between
hire purchase and leasing.
Unit-3
Factoring: concept, nature and scope of Factoring - Forms of Factoring - Factoring vis-à-vis
Bills Discounting - Factoring vis-à-vis credit Insurance Factoring vis-à-vis Forfeiting-
Evaluation of a Factor - Evaluation of Factoring - Factoring in India current Developments.
Unit-4
Securitization / Mortgages: Meaning, nature and scope of securitization, securitization as a
Funding Mechanism, securitization of Residential Real Estate - whole Loans - Mortgages -
Graduated-payment. Depository: Meaning, Evolution, Merits and Demerits of Depository.
Process of Dematerialization and Dematerialization, Brief description of NSDL and CDSL
Unit-5
Security Brokerage: Meaning of Brokerage, types of brokers. Difference between broker and
jobber, SEBI Regulations relating to brokerage business in India.
51
Suggested Readings:
1. M.Y.Khan, Financial Services, Tata McGraw-Hill, 11th Edition, 2008
2. Gopal C.R – Management Financial Service – S.Chand
3. NaliniPravaTripathy, Financial Services, PHI Learning, 2008
4. Machiraju, Indian Financial System, Vikas Publishing House, 2nd Edition, 2002.
5. J.C.Verma, A Manual of Merchant Banking, Bharath Publishing House, New Delhi.
6. Varshney P.N. & Mittal D.K., Indian Financial System, Sultan Chand & Sons, New
Delhi.
7. Sasidharan, Financial Services and System, Tata Mcgraw Hill, New Delhi, 1st
Edition, 2008.
8. Website of SEBI.
52
SEMESTER – V
DSE-2 (C): FINANCIAL INSTITUTIONS AND SERVICES
Duration: 3 hrs.
Objectives: To enable the students to understand the financial institutions operating in

India and services provided by them.
Unit-1
Basic Theoretical Framework: The financial system and its technology; The factors
affecting the stability of the financial system; Development finance vs. universal banking;
Financial intermediaries and Financial Innovation; RBI-Central Banking.
Unit-2
Financial Institutions: A brief historical perspective. An update on the performance of
IDBI, ICICI, IFCI and SFCs, LIC & GIC. The banking Institutions: Commercial banks - the
public and the private sectors - structure and comparative performance. The problems of
competition; interest rates, spreads, and NPAs. Bank capital - adequacy norms and capital
market support.
Unit-3
Non-banking financial institutions: Evolution, control by RBI and SEBI. A perspective on
future role, Unit Trust of India and Mutual Funds, Reserve bank of India Framework
for/Regulation of Bank Credit . Commercial paper: Features and advantages, Framework of
Indian CP Market, effective cost/interest yield.
Unit-4
Financial services: Asset/fund based Financial services - lease finance, consumer credit and
hire purchase finance, factoring definition, functions, advantages, evaluation and forfeiting,
bills discounting, housing finance, venture capital financing. Fee-based / Advisory services
Stock broking, credit rating.
Unit-5
Operations: Financial Assets/ Instruments Rights issues, issue of Debentures, issue of
Equity shares - pre-issue activity, post-issue activities. The regulatory framework: SEBI and
Regulation of Primary and Secondary Markets, Company Law provisions.
53
Book References
1. M.Y.Khan, Financial Services, Tata McGraw-Hill, New Delhi, 2004.
2. Harsh V.Verma, Marketing of Services, Global Business Press, 2002
3. Sames L .Heskett, Managing In the Service Economy, Harvard Business School Press,
Boston, 2001.
4. M.Y.Khan, Indian Financial System, 4/eTataMcGraw-Hill, New Delhi, 2004
5. Frank.J.Fabozzi& Franco Modigliani, Foundations of Financial Markets and
Institutions, 3/e, Pearson Education Asia, 2002.
6. H.R Machiraju, Indian Financial Systems, Vikas Publishing House Pvt. Ltd.2002.
7. Meir Kohn, Financial Institutions and Markets, Tata McGraw-Hill, New Delhi, 2003.
8. Pathak: Indian Financial Systems Pearson Education
9. NibasaiyaSapna – Indian Financial System – S. Chand
54
SEMESTER-VI
CC-13 : AUDITING AND CORPORATE GOVERNANCE
Duration: 3 hrs.
Objective: To provide knowledge of auditing principles, procedures and techniques in

accordance with current legal requirements and professional standards and to give an
overview of the principles of Corporate Governance and Corporate Social Responsibility
Unit-1
Auditing: Introduction, Meaning, Objects, Basic Principles and Techniques; Classification
of Audit, Audit Planning, Internal Control – Internal Check and Internal Audit; Audit
Procedure – Vouching and verification of Assets & Liabilities.
Unit-2
Audit of Limited Companies: Company Auditor- Qualifications and disqualifications,
Appointment, Rotation, Removal, Remuneration, Rights and Duties Auditor’s Report-
Contents and Types. Liabilities of Statutory Auditors under the Companies Act 2013
Unit-3
Special Areas of Audit: Special features of Cost audit, Tax audit, and Management audit;
Recent Trends in Auditing: Basic considerations of audit in EDP Environment; Standard on
Auditing(SA); Relevant Case Studies/Problems;
Unit-4
Corporate Governance: Conceptual framework of Corporate Governance, Corporate
Governance Reforms. Major Corporate Scandals in India and Abroad: Common Governance
Problems Noticed in various Corporate Failures. Codes & Standards on Corporate
Governance
Unit-5
Corporate Social Responsibility (CSR): Strategic Planning and Corporate Social
Responsibility; Corporate Philanthropy, Meaning of CSR, CSR and CR, CSR and Corporate
Sustainability, CSR and Business Ethics, CSR and Corporate Governance, Environmental
Aspect of CSR, CSR provision under the Companies Act 2013, CSR Committees
55
Suggested Readings:
1. Gupta, Kamal and Ashok Arora. Fundamentals of Auditing. Tata Mc-Graw Hill
Publishing Co. Ltd., New Delhi.
2. Gadada Siddheswar T & Rachchh Gunvantrai – Introduction to Auditing – Vikash
3. Jha, Aruna. Auditing. Taxmann.
4. Tandon, B. N., S. Sudharsanam and S. Sundharabahu. A Handbook of Practical
Auditing. S. Chand and Co. Ltd., New Delhi.
5. Ghatalia, S.V. Practical Auditing. Allied Publishers Private Ltd., New Delhi.
6. Singh, A. K. and Gupta Lovleen. Auditing Theory and Practice. Galgotia Publishing
Company.
7. Alvin Arens and James Loebbecke, Auditing: an Integrated Approach
8. Ravinder Kumar and Virender Sharma, Auditing Principles and Practice, PHI
Learning Christine A Mallin, Corporate Governance (Indian Edition), Oxford
University Press, New Delhi.
9. Bob Tricker, Corporate Governance-Principles, Policies, and Practice (Indian
Edition), Oxford University Press, New Delhi.
10. The Companies Act 2013 (Relevant Sections)
11. MC Kuchhal Corporate Laws, Shri Mahaveer Book Depot. (Publishers). (Relevant
Chapters)
12. Relevant Publications of ICAI on Auditing (CARO).
13. Khanka – Business Ethics & Corporate Governance – Vikash Publication
56
SEMESTER VI
CC-14 : INDIRECT TAXES
Duration: 3 hrs.
Objective: To provide basic knowledge and equip students with application of principles
and provisions of Service Tax, VAT, Central Excise, and Customs Laws.
Unit-1
Service tax – concepts and general principles, Charge of service tax and taxable services,
Valuation of taxable services, Payment of service tax and filing of returns, Penalties,
CENVAT Credit.
Unit-2
VAT – concepts and general principles, Calculation of VAT Liability including input Tax
Credits, Small Dealers and Composition Scheme, VAT Procedures
Unit-3
Central Excise Law in brief – Goods, Excisable goods, Manufacture and Manufacturer,
Valuation, CENVAT, Basic procedures, Export, SSI, Job Work
Unit-4
Basic concepts of customs law, Territorial waters, high seas, Types of custom duties – Basic,
Countervailing & Anti- Dumping Duty, Safeguard Duty, Valuation, Customs Procedures,
Import and Export Procedures, Baggage, Exemptions
Unit V
Emerging Issues in Indirect Taxes: Goods and Services Tax (GST) – Scope of GST,
Modalities of GST
Suggested Readings:
1. SinghaniaVinod K. and Monica Singhania, Students’ Guide to Indirect Taxes,Taxmann
Publications Pvt. Ltd., Delhi.
2. V.S. Datey. Indirect Tax Law and practice,Taxmann Publications Pvt. Ltd., Delhi,
Latest edition.
3. Sanjeev Kumar. Systematic Approach to Indirect Taxes, Latest edition.
57
4. S. S. Gupta. Service Tax -How to meet your obligationTaxmann Publications Pvt. Ltd.,
Delhi, Latest edition.
5. GrishAhuja& Dr. Ravi Gupta, Indirect Taxes, Flair Publication Pvt. Ltd.
58
SEMESTER-VI
DSE-3 (A): CORPORATE TAX PLANNING
Duration: 3 hrs.
Objective: To provide Basic knowledge of corporate tax planning and its impact on
decisionmaking.
Contents:
Unit-1
Tax planning, tax management, tax evasion, tax avoidance, corporate tax in India, Types of
companies, Residential status of companies and tax incidence, Tax liability and minimum
alternate tax, Tax on distributed profits.
Unit-2
Tax planning with reference to setting up of a new business; Locational aspect, nature of
business, form of organization; Tax planning with reference to financial management
decision; Capital structure, dividend including deemed dividend and bonus shares; Tax
planning with reference to sale of scientific research assets.
Unit-3
Tax planning with reference to specific management decisions; Make or buy; own or lease;
repair or replace; Tax planning with reference to employees’ remuneration; Tax planning
with reference to receipt of insurance compensation; Tax planning with reference to
distribution of assets at the time of liquidation.
Unit-4
Special provisions relating to non-residents; double taxation relief; Provisions regulating
transfer pricing; Advance rulings; Advance pricing agreement.
Unit-5
Tax planning with reference to business restructuring: - Amalgamation, Demerger, Slump
sale, Conversion of sole proprietary concern/partnership firm into company, Conversion of
company into LLP, Transfer of assets between holding and subsidiary companies.
59
Suggested Readings:
1. Singhania, Vinod K. and Monica Singhania. Corporate Tax Planning. Taxmann
Publications Pvt. Ltd., New Delhi.
2. Ahuja, Girish. and Ravi Gupta. Corporate Tax Planning and Management. Bharat
Law House, Delhi.
3. Acharya, Shuklendra and M.G. Gurha. Tax Planning under Direct Taxes. Modern
Law Publication, Allahabad.
4. Mittal, D.P. Law of Transfer Pricing. Taxmann Publications Pvt. Ltd., New Delhi.
5. IAS – 12 and AS – 22.
6. T.P. Ghosh. IFRSs.Taxmann Publications Pvt. Ltd. New Delhi.
60
SEMESTER - VI
DSE-3 (B): FUNDAMENTALS OF INVESTMENT
Duration: 3 hrs.
Objective: To familiarize the students with different investment alternatives, introduce them
to the framework of their analysis and valuation and highlight the role of investor protection.
Contents
Unit-I:
The Investment Environment - The investment decision process, Types of Investments –
Commodities, Real Estate and Financial Assets, the Indian securities market, the market
participants and trading of securities, security market indices, sources of financial
information, Concept of return and risk, Impact of Taxes and Inflation on return.
Unit-II:
Fixed Income Securities - Bond features, types of bonds, estimating bond yields, Bond
Valuation types of bond risks, default risk and credit rating.
Unit-III:
Approaches to Equity Analysis: Introductions to Fundamental Analysis, Technical
Analysis and Efficient Market Hypothesis, dividend capitalization models, and price-
earnings multiple approach to equity valuation.
Unit-IV:
Portfolio Analysis and Financial Derivatives: (a) Portfolio and Diversification, Portfolio
Risk and Return. (b) Mutual Funds. (c) Introduction to Financial Derivatives, Financial
Derivatives Markets in India.
Unit-V:
Investor Protection – Role of SEBI and stock exchanges in investor protection; Investor
grievances and their redressal system, insider trading, investors’ awareness and activism.
61
Suggested Readings
1. Bhalla – Fundamentals of Investment – S.Chand
2. Pandian P. – Security Analysis & Portfolio Management – Vikash Publication
3. Jones, C.P., “Investments Analysis and Management”, Wiley, 8thed.
4. Prasanna, Chandra., “Investment Analysis and Portfolio Management”, Tata McGraw
Hill.
5. Rustogi, R.P., Fundamentals of Investment, Sultan Chand & Sons, New Delhi.
6. Vohra, N.D., and B.R. Bagri, “Futures and Options”, McGraw Hill Publishing
7. Mayo, An Introduction to Investment,Cengage Learning.
62
SEMESTER - VI
SEC-3 (C): FINANCIAL MARKET OPERATIONS
Duration: 3 hrs.
Objective: This course aims at acquainting the students with the working of Financial
Markets in India.
Unit-1
An overview of financial markets in India: Money Markets: Indian money markets
composition and structure; (a) Acceptance houses, (b) Discount houses, and (c) Call money
markets; Recent trends in India money markets.
Unit-2
Capital Market: Security market – (a) New issue market. (b) Secondary market: Functions
and role of stock exchange: listing procedure and legal requirements: Public Issue – pricing
and marketing: Stock exchanges – National Stock Exchange and over-the-counter
exchanges.
Unit-3
Securities Contract and Regulations Act: Main provisions. Investors Protections:
Grievances concerning stock exchange dealing and their removal: Grievances cells in stock
exchanges: SEBI: Company Law Board: Press: Remedy through courts.
Unit-4
Functionaries on Stock Exchanges: Brokers, Sub brokers, market makers, jobbers, and
NRIS.
Unit-5
Financial Services: Concept, functions, and types. Financial Services: Meaning and
Definition, Role of Financial Services in a financial system. Leasing: Meaning and features.
Introduction to equipment leasing: Types of Leases, Evolution of Indian Leasing Industry.
Legal Aspects of Leasing: present Legislative Framework. Hire purchase: concept and
characteristics of Hire purchase. Difference between hire purchase and leasing, SEBI
guidelines: Credit rating.
63
Suggested Readings:
1. Chandler M. V. and Goldfeld S. M: Economics of Money and Banking: Harper and
Row, New York.
2. Vaish M.C – Monetary Theory – Vikash Publication
3. Gupta Suraj B: Monetary Economics: S. Chand and Co., New Delhi
4. Gupta Suraj B: Monetary Planning in India: Oxford, Delhi.
5. Bhole I. M.: financial Markets and Instructional: Tata McGraw Hill, New Delhi.
64
SEMESTER - VI
DSE-4 : BUSINESS RESEARCH METHODS AND PROJECT WORK
Duration: 3 hrs.
Objective: This course aims at providing the general understanding of business research
and the methods of business research. The course will impart learning about how to collect,
analyze, present and interpret data.
Section A: Business Research Methods 50 Marks

Unit-1
Introduction: Meaning of research; Scope of Business Research; Purpose of Research –
Exploration, Description, Explanation; Unit of Analysis – Individual, Organization, Groups,
and Data Series; Conception, Construct, Attributes, Variables, and Hypotheses.
Unit-2
Research Process: An Overview; Problem Identification and Definition; Selection of Basic
Research Methods- Field Study, Laboratory Study, Survey Method, Observational Method
Existing Data Based Research, Longitudinal Studies, Panel Studies.
Unit-3
Measurement: Definition; Designing and writing items; Uni-dimensional and Multi-
dimensional scales; Measurement Scales- Nominal, Ordinal, Interval, Ratio; Ratings and
Ranking Scale, Thurst one, Likert and Semantic Differential scaling, Paired Comparison;
Sampling –Steps, Types, Sample Size Decision; Secondary data sources.
Hypothesis Testing: Tests concerning means and proportions; ANOVA, Chi-square test and
other Non-parametric tests; Testing the assumptions of Classical Normal Linear Regression.
Section B – Project Report Marks 50

Unit-4
Report Preparation: Meaning, types and layout of research report; Steps in report writing;
Citations, Bibliography and Annexure in report; JEL Classification
Note:
4. There shall be a written examination of 50% Marks on the basis of Unit I to III.
5. The student will write a project report under the supervision of a faculty member
assigned by the college/institution based on field work. The Project Report carries 50%
Marks and will be evaluated by University appointed examiners.
65
Suggested Readings:
1. Chawla Deepak – Research Methodology – Vikash Publication
2. Upagade&Shende – Research Methodology – S.Chand.
66

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COURSES OF STUDIES

For the Academic Year 2016-17 onwards

PRANANATH COLLEGE (AUTONOMUS),

AECC-1 : Environmental Science

Objectives : To provide information on environmental science, its resources and

BOOKS FOR REFERENCE:

Unit –II : Business Income

Unit-III : Final Accounts

Unit-V : Accounting for Partnership Firm

Unit II: The Indian Contract Act, 1872: Specific Contracts

Unit III: The Sale of Goods Act, 1930

Unit IV: Partnership Laws The Partnership Act, 1932

g) Mode of Dissolution of Partnership

Unit V: The Negotiable Instruments Act 1881

Unit II: Production and Cost

Unit III: Perfect Competition

Unit IV: Monopoly

Unit V: Imperfect Competition

UNIT -I Introduction [20

UNIT-II Language of Communication [20

Unit-V A. Presenting views on a Debatable Topic [10

Mid Term Test

Unit 2 Final Accounts

Unit 3. Valuation of Goodwill and Valuation of Shares

Unit 4 Amalgamation of Companies

Unit 5 Liquidation of Company

UNIT III Management

UNIT IV Dividends, Accounts, Audit–

UNIT V Depositories Law:

Unit II Computation of income under different heads

Unit III Computation of income under different heads

Unit IV Total income and tax computation

Unit V Preparation of return of income:

Unit 4: Staffing and Leading

Unit 3 Simple Correlation and Regression Analysis

Unit 4 Index Numbers

Unit 5 Time Series Analysis

Unit 2 : Planning; E-business

Unit 3 Technology for Online-Business:

Security and Legal Aspects of E-Commerce:

Unit 4: Mechanism of making payment through internet:

Unit 5: Applications in E-Commerce:

Unit 2: Materials, Labour and Overhead

Unit 3: Methods of Costing

Unit 4: Budgeting and Standard Costing

Unit 5: Marginal Costing

Unit 4. Mathematics of Finance

Unit 5. Linear Programming

3. Arora S.R & Gupta K. – Business Mathematics – Taxmann Publication

Unit 2. Preparing Presentations:

Unit 3. Spreadsheet and its Business Applications

Unit 4. Creating spreadsheet in the following areas:

Unit 5. E-Accounting System (Practical)

Unit 2: Basic Features of the Indian Economy at Independence:

Unit 3: Policy Regimes:

Unit 4: Growth, Development and Structural Change:

Unit 5: Sectoral Trends and Issues:

Unit-2 : Entrepreneurship and Micro, Small and Medium Enterprises:

Unit-4 : Sources of business ideas and tests of feasibility: