PROGRAM : M.Com Course Name First Semester Name First Semester L P C PCO101 Managerial Economics 4 0...

1

PROGRAM

: M.Com

Course

Code Course Name

First Semester L P C

PCO101 Managerial Economics 4 0 4

PMA108 Statistics For Management 3 0 3

PCO102 Modern Accounting Theory & Reporting Practices 4 0 4

PBA103 Organizational Behaviour 3 0 3

UCO304 Marketing Management 4 0 4

UBA405 Management Information System 4 0 4

PCO103 Comprehensive Viva Voce And Presentation 0 0 5

Total 22 0 27

Second Semester L P C

UCO204 Business Environment 4 0 4

UBA309 Research Methodology 4 0 4

PBA202 Financial Management 4 0 4

PBA341 Materials Management 3 0 3

PMA207 Operations Research 4 0 4

PBA208 Strategic Management 3 3


Total 22 0 27

Third Semester L P C

PBA360 Business Performance Measurement 4 0 4

PCO302 Tax Planning And Management 4 0 4

PCO303 Strategic Cost Management 4 0 4

PCO304 International Accounting 4 0 4

PCO305 Bank Management 4 0 4

PCO306 Insurance Management 4 0 4

2


Total 24 0 29

Fourth Semester L P C

PBA344 Project Management 3 0 3

PCO401 Global Financial Management 4 0 4

PBA401

Business Ethics, Corporate Social Responsibility And

Governance 5 0 5

PCO402 Advance Corporate Accounting 4 0 4

PCO403 Advance Auditing 5 0 5

PBA321 Security Analysis And Portfolio Management 3 0 3

PCO406 Dissertation - - 12

Total 24 0 36

Total Credits =

119

3

PROGRA

M : M.Com

Course

Code Course Name

First Semester L P C






UCO405 Management Information System 4 0 4


Total 22 0 27

4


Objective: The objective of the course is to acquaint students with the concepts of micro–

economic theory and their use in business decision making. The effort is to make them

capable of using various concepts to deal with business problems in a global economic

environment.

UNIT-I Nature and scope of managerial economics, relationship with economic theory, decision

sciences, and functional areas of business; Theory of the Firm: Reasons for existence of

the firms & their functions, the objective and value of the firm, constraints on the operation

of the firms, limitations of the theory of the firm; Nature & Functions of Profits: Business vs.

Economic Profits, theories of profit, functions of profit; Tools of Analysis: Marginal

Analysis, Optimization, Decision and Game Theory - Concepts; The International

Framework of Managerial Economics.

UNIT-II The demand for a commodity: Individual’s demand, Market demand, and the firm demand; Price, Income & Cross elasticity of demand; Using elasticity’s in managerial decisions; Theories of consumer behavior.

UNIT-III Pricing Practices and Risk Analysis: Price and Output relationship under different market structures; Pricing Theories; Pricing of multiple products; Price discrimination - International price discrimination & Dumping, Transfer Pricing; Risk and Uncertainties in managerial decision

making; Measuring risk with probability distribution; Utility Theory and risk aversion.

UNIT-IV Technological change and the global market economy: Impact of technological change on

productivity, labor and market structure; Industrial innovation and technology and

technological environmental forecasting. Reference Books: 1. Koutsyiannis, A., Modern Microeconomics, Macmillan Press Ltd. 2. Varian, Micro-Economic Analysis (ed. 3), Norton. 3. Pindyck Robert S. and Daniel L. Rubinfeld, Micro Economics, Third Edition, Prentice

Hall of India, New Delhi.


COURSE OBJECTIVE:

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To learn the applications of statistics in business decision making. COURSE OUTCOME: To facilitate objective solutions in business decision making under subjective conditions UNIT I INTRODUCTION Statistics – Definition, Types. Types of variables – Organising data - Descriptive Measures. Basic definitions and rules for probability, conditional probability independence of events, Baye‟s theorem, and random variables, Probability distributions: Binomial, Poisson, Uniform and Normal distributions. UNIT II SAMPLING DISTRIBUTION AND ESTIMATION Introduction to sampling distributions, sampling distribution of mean and proportion, application of central limit theorem, sampling techniques. Estimation: Point and Interval estimates for population parameters of large sample and small samples, determining the sample size. UNIT III TESTING OF HYPOTHESIS - PARAMETIRC TESTS Hypothesis testing: one sample and two sample tests for means and proportions of large samples (z-test), one sample and two sample tests for means of small samples (t-test), F-test for two sample standard deviations. ANOVA one and two way. UNIT IV NON-PARAMETRIC TESTS Chi-square test for single sample standard deviation. Chi-square tests for independence of attributes and goodness of fit. Sign test for paired data. Rank sum test. Kolmogorov-Smirnov – test for goodness of fit, comparing two populations. Mann – Whitney U test and Kruskal Wallis test. One sample run test, rank correlation. UNIT V CORRELATION, REGRESSION AND TIME SERIES ANALYSIS Correlation analysis, estimation of regression line. Time series analysis: Variations in time series, trend analysis, cyclical variations, seasonal variations and irregular variations, forecasting errors. UNIT VI CASE STUDY

10 Case studies to be analyzed TEXT BOOKS: 1. Richard I. Levin, David S. Rubin, Statistics for Management, Pearson Education,

7th

Edition, 2011. 2. Aczel A.D. and Sounderpandian J., “Complete Business Statistics”, 6

th edition, Tata

McGraw – Hill Publishing Company Ltd., New Delhi, 2012. REFERENCES: 2. Srivatsava TN and Shailaja Rego, Statistics for Management, Tata McGraw Hill,

2008. 3. Ken Black, Applied Business Statistics, 7

th Edition, Wiley India Edition, 2012.

4. Anderson D.R., Sweeney D.J. and Williams T.A., Statistics for business and economics,

11th

edition, Thomson (South – Western) Asia, Singapore, 2012. 5. N. D. Vohra, Business Statistics, Tata McGraw Hill, 2012.

6


Objective: In view of the convergence of the Indian Accounting Standards with the IFRS, it

is desirable to equip the students with the required knowledge of International financial

reporting standards and practices. The students are expected to achieve a clear

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conceptual understanding of the IFRS and possess sufficient knowledge expected out of

an expert.

UNIT-I The Regulatory and Financial Reporting Framework: The International Accounting Standards Board (IASB)-The role and the standard setting process. Progress towards international

harmonization. The IASB-Framework for the Preparation and Presentation of Financial

Statements; The first time adoption of international financial reporting standards :

Objective of financial statements, Qualitative characteristics of financial statements,

Elements of financial statements, Recognition and measurement of elements of financial

statements, Fair value basis of measurement, Concepts of capital and capital

maintenance.

UNIT-II Elements of financial statements as per International Financial Reporting Standards: (a)

Property, plant and equipment (b). Intangible assets inventories (c). Construction contracts

(d). Liabilities (e). Financial instruments (f). Provisions and contingencies (g). Employment

and post-employment benefits (h). Accounting for tax (i). Accounting for agriculture (j). Share based payment (k). IFRS- 6:

Exploration for and evaluation of mineral resources.

UNIT-III Presentation and additional disclosures as per International Financial Reporting Standards

(a). Events after the balance sheet date (b). Earnings per share (c). Related party

disclosures (d). Interim financial reporting (e). Effects of changes in foreign exchange rates (f.) Segment reporting.

UNIT-IV Preparation of external financial reports for single entities as per International Standards

(a) Income statements and discontinuing operations (b) Cash flow statements (c)

Statement of changes in equity(d) Preparation of external financial reports for combined

entities and joint ventures (e) Definitions of subsidiaries, investments in associates and

joint ventures (f) Exclusions from consolidations (g) Preparation of consolidated balance

sheets and income statements (h) Equity accounting (i) Proportionate consolidation and

joint ventures.

Reference Books:

8

1. Elliott, B. & Elliott, J. (2008), Financial Accounting and Reporting. 12th ed.

Harlow: Pearson/Prentice Hall.

2. Chartered Institute of Management Accountants. CIMA Dictionary of Finance and Accounting.

London: Bloomsbury. 3. S. Agarwal, Manual of Accounting Standards, Snow White. 4. T.P. Ghosh, Accounting Standards and Corporate Accounting Practices, Taxman. 5. Bhabatosh Banerjee, Regulation of Corporate Accounting and Reporting in India,

World Press. 6. Lev Baruch, Financial Statement Analysis - A New Approach, Prentice Hall. 7. Bernstein & Wild, Financial Accounting Theory - Issues and Controversies, McGraw

Hill. 8. K.S. Most, Accounting Theory, Holt, Rinehart & Winston.


COURSE OBJECTIVE: To provide an overview of theories and practices in organizational behavior in individual, group and organizational level.

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COURSE OUTCOMES: Students will have a better understanding of human behavior in organization. They will know the framework for managing individual and group performance. UNIT I FOCUS AND PURPOSE

Definition, need and importance of organizational behaviour – Nature and scope – Frame work – Organizational behaviour models.

UNIT II INDIVIDUAL BEHAVIOUR Personality – types – Factors influencing personality – Theories – Learning – Types of learners – The learning process – Learning theories – Organizational behaviour modification. Misbehaviour – Types – Management Intervention. Emotions - Emotional Labour – Emotional Intelligence – Theories. Attitudes – Characteristics – Components – Formation – Measurement-Values. Perceptions – Importance – Factors influencing perception – Interpersonal perception-Impression Management. Motivation – Importance – Types – Effects on work behavior. UNIT III GROUP BEHAVIOUR Organization structure – Formation – Groups in organizations – Influence – Group dynamics – Emergence of informal leaders and working norms – Group decision making techniques – Team building - Interpersonal relations – Communication – Control. UNIT IV LEADERSHIP AND POWER

Meaning – Importance – Leadership styles – Theories – Leaders Vs Managers – Sources of power

– Power centers – Power and Politics.

UNIT V DYNAMICS OF ORGANIZATIONAL BEHAVIOUR

Organizational culture and climate – Factors affecting organizational climate – Importance.

Job satisfaction – Determinants – Measurements – Influence on behavior.

Organizational change – Importance – Stability Vs Change – Proactive Vs Reaction

change – the change process – Resistance to change – Managing change.

Stress – Work Stressors – Prevention and Management of stress – Balancing

work and Life. Organizational development – Characteristics – objectives –.

Organizational effectiveness Developing Gender sensitive workplace

UNIT VI CASE STUDY 10 Case studies to be analyzed TEXT BOOKS 1. Stephen P. Robins, Organisational Behavior, PHI Learning / Pearson Education,

11th

edition, 2008.

2. Fred Luthans, Organisational Behavior, McGraw Hill, 11th

Edition, 2001. REFERENCES

1. Mc Shane & Von Glinov, Organisational Behaviour, 4th

Edition, Tata Mc Graw Hill, 2007.

2. Nelson, Quick, Khandelwal. ORGB – An innovative approach to learning and

teaching. Cengage learning. 2nd

edition. 2012 3. Ivancevich, Konopaske & Maheson, Oranisational Behaviour & Management, 7

th edition,

Tata McGraw Hill, 2008.

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4. Udai Pareek, Understanding Organisational Behaviour, 3rd

Edition, Oxford Higher Education, 2011.

5. Jerald Greenberg, Behaviour in Organization, PHI Learning. 10th

edition. 2011


COURSE OBJECTIVES: To understand the changing business environment To identify the indicators of management thoughts and practices to understand fundamental premise underlying market driven strategies

COURSE OUTCOMES:

knowledge of analytical skills in solving marketing related problems awareness of marketing management process

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UNIT I INTRODUCTION Marketing – Definitions - Conceptual frame work – Marketing environment : Internal and External - Marketing interface with other functional areas – Production, Finance, Human Relations Management, Information System. Marketing in global environment – Prospects and Challenges. UNIT II MARKETING STRATEGY Marketing strategy formulations – Key Drivers of Marketing Strategies - Strategies for Industrial Marketing – Consumer Marketing –– Services marketing – Competitor analysis - Analysis of consumer and industrial markets – Strategic Marketing Mix components. UNIT III MARKETING MIX DECISIONS Product planning and development – Product life cycle – New product Development and Management – Market Segmentation – Targeting and Positioning – Channel Management – Advertising and sales promotions – Pricing Objectives, Policies and methods. UNIT IV BUYER BEHAVIOUR Understanding industrial and individual buyer behavior - Influencing factors – Buyer Behaviour Models – Online buyer behaviour - Building and measuring customer satisfaction – Customer relationships management – Customer acquisition, Retaining, Defection. UNIT V MARKETING RESEARCH & TRENDS IN MARKETING Marketing Information System – Research Process – Concepts and applications : Product – Advertising – Promotion – Consumer Behaviour – Retail research – Customer driven organizations - Cause related marketing - Ethics in marketing –Online marketing trends. UNIT VI CASE STUDY

10 Case studies to be analyzed TEXT BOOKS

1. Philip Kortler and Kevin Lane Keller, Marketing Management, PHI 14th

Edition, 2012 2. KS Chandrasekar, “Marketing management-Text and Cases”, Tata McGrawHill-

Vijaynicole, First edition,2010

3. Paul Baines, Chris Fill and Kelly Page, Marketing, Oxford University Press, 2nd

Edition,2011.

4. Lamb, hair, Sharma, Mc Daniel– Marketing – An Innovative approach to learning and teaching-A south Asian perspective, Cengage Learning –– 2012

REFERENCES 1. Micheal R.Czinkota & Masaaki Kotabe, Marketing Management, Vikas Thomson

Learning, 2000. 2. Duglas,J.Darymple, Marketing Management, John Wiley & Sons, 2008. 3. NAG, Marketing successfully- A Professional Perspective, Macmillan 2008. 4. Boyd Walker, Marketing Management, McGraw Hill, 2002. 5 Paul Baines, Chriss Fill Kelly Pagb, Marketing, II edition, Asian edition.

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UCO405 Management Information System 4 0 4

COURSE OBJECTIVE To understand the importance of information in business To know the technologies and methods used for effective decision making in an organization.

COURSE OUTCOME

Gains knowledge on effective applications of information systems in business UNIT I INTRODUCTION Data, Information, Intelligence, Information Technology, Information System, evolution, types based on functions and hierarchy, System development methodologies,

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Functional Information Systems, DSS, EIS, KMS, GIS, International Information System. UNIT II SYSTEM ANALYSIS AND DESIGN Case tools - System flow chart, Decision table, Data flow Diagram (DFD), Entity Relationship (ER), Object Oriented Analysis and Design(OOAD), UML diagram. UNIT III DATABASE MANAGEMENT SYSTEMS DBMS – HDBMS, NDBMS, RDBMS, OODBMS, Query Processing, SQL, Concurrency

Management, Data warehousing and Data Mart

UNIT IV SECURITY, CONTROL AND REPORTING Security, Testing, Error detection, Controls, IS Vulnerability, Disaster Management, Computer Crimes, Securing the Web, Intranets and Wireless Networks, Software Audit, Ethics in IT, User Interface and reporting. UNIT V NEW IT INITIATIVES Role of information management in ERP, e-business, e-governance, Data Mining, Business Intelligence, Pervasive Computing, Cloud computing, CMM. TEXTBOOKS 1. Robert Schultheis and Mary Summer, Management Information Systems – The

Managers View, Tata McGraw Hill, 2008. 2. Kenneth C. Laudon and Jane Price Laudon, Management Information Systems –

Managing the digital firm, PHI Learning / Pearson Education, PHI, Asia, 2012. REFERENCES 1. Rahul de, MIS in Business, Government and Society, Wiley India Pvt Ltd, 2012 2. Gordon Davis, Management Information System : Conceptual Foundations,

Structure and Development, Tata McGraw Hill, 21st

Reprint 2008. 3. Haag, Cummings and Mc Cubbrey, Management Information Systems for the

Information Age, McGraw Hill, 2005. 9th

edition, 2013. 4. Turban, McLean and Wetherbe, Information Technology for Management –

Transforming Organisations in the Digital Economy, John Wiley, 6th

Edition, 2008.

5. Raymond McLeod and Jr. George P. Schell, Management Information Systems, Pearson Education, 2007.

6. James O Brien, Management Information Systems – Managing Information Technology in the E-business enterprise, Tata McGraw Hill, 2004.

7. Raplh Stair and George Reynolds, Information Systems, Cengage Learning, 10th

Edition, 2012

8. Corey Schou and Dan Shoemaker, Information Assurance for the Enterprise – A Roadmap to Information Security, Tata McGraw Hill, 2007.

9. Frederick Gallegor, Sandra Senft, Daniel P. Manson and Carol Gonzales,

Information Technology Control and Audit, Auerbach Publications, 4th

Edition, 2013.

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15

UEN004 Practical Communicative English - I 2 1

As Per Commonly decided syllabus by the University

16

Second Semester L P C








UEN005 Practical Communicative English - II 2 1

Total 22 0 28

17


Objective: The objective of the course is to acquaint students with the concepts of macro

– economics and the macro environment in which a business organization operates. The

course would also make the student capable of analyzing and understanding the macro

economic policies of the government implemented from time to time and assess their

impact on business.

UNIT-I

Business Environment: Cultural, social, political, technological, economic and legal

environment - scanning - techniques of environmental forecasting - SWOT – Internal

environment - their impact on policy formulation.

UNIT-II

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Economic reforms in India - Liberalization - privatization and globalization – Competitive Strength of Indian industry - Impact of liberalization policy on different sectors – Foreign Investments policy in India. Multi-national corporations - Their participation in India – Their strategies, competitive strengths policies and performance.

UNIT-III Industrial Policies: A brief review of industrial policies since independence, Industrial policy

of 1991 and recent developments, Policy on foreign direct investment in Indian industry.

Fiscal Policy: Public revenues, public expenditure, public debt, development activities

financed by public expenditure, an evaluation of recent fiscal policy of Government of India

– Monetary Policy: Demand for and supply of money, Objectives of monetary and credit

policy, recent trends - Role of Finance Commission. Integration of World’s economies and

its impact on Indian Business.

UNIT-IV Money and Capital market: Features and components of Indian Financial system,

objectives, features and structure of Money market and capital market, recent

developments - Stock Exchanges, Investor Protection and Role of SEBI. Legal

Framework: Consumer Protection Act, 1986, Right to Information and Right to Service

Acts and its implications for business. Reference Books: 1. Wheelen, Concepts of Strategic Management and Business Policy, Pearson

Education, New Delhi. 2. William Gluck & L R Jauch, Business Policy & Strategic Management, McGraw-Hill.,

New Delhi. 3. Kazhmi Azhar , Business Policy, TMH. 4. Gupta, Liberalisation - Its Impact on Indian Economy, Macmillan. 5. K.V.Sivayya and VBM Das: Indian Industrial Economy, Sultan Chand Publishers,

Delhi. 6. Suresh Bedi: Business Environment, Excel, New Delhi. 7. Francis Cherunilam: Business Environment - Text & Cases, Himalayan Publishing

House, Mumbai. 8. M. Adhikari: Economic Environment of Business, Sultan Chand & Sons, New Delhi. 9. Prof. Laxmi Narain : Globalization , Liberalization and Privatization of Public

Enterprises, Sultan Chand & Co., New Delhi.

10. Pandey, G.N., Environmental Management, Vikas Publishing House.

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COURSE OBJECTIVES: To familarise the students to the principles of scientific methodology in business enquiry; to develop analytical skills of business research; to develop the skills for scientific communications. COURSE OUTCOMES: Students would become acquainted with the scientific methodology in business domain. They would also become analytically skillful. They would become familiar with the nuances of scientific communications. UNIT I INTRODUCTION Business Research – Definition and Significance – the research process – Types of Research – Exploratory and causal Research – Theoretical and empirical Research – Cross –Sectional and time – series Research – Research questions / Problems – Research objectives – Research hypotheses – characteristics – Research in an evolutionary perspective – the role of theory in research. UNIT II RESEARCH DESIGN AND MEASUREMENT

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Research design – Definition – types of research design – exploratory and causal research design – Descriptive and experimental design – different types of experimental design – Validity of findings – internal and external validity – Variables in Research – Measurement and scaling – Different scales – Construction of instrument – Validity and Reliability of instrument. UNIT III DATA COLLECTION Types of data – Primary Vs Secondary data – Methods of primary data collection – Survey Vs Observation – Experiments – Construction of questionaire and instrument – Validation of questionaire – Sampling plan – Sample size – determinants optimal sample size – sampling techniques – Probability Vs Non–probability sampling methods. UNIT IV DATA PREPARATION AND ANALYSIS

Data Preparation – editing – Coding –Data entry – Validity of data – Qualitative Vs Quantitative data analyses – Bivariate and Multivariate statistical techniques – Factor

analysis – Discriminant analysis – cluster analysis – multiple regression and correlation

– multidimensional scaling – Application of statistical software for data analysis.

UNIT V REPORT DESIGN, WRITING AND ETHICS IN BUSINESS RESEARCH

Research report – Different types – Contents of report – need of executive summary – chapterization – contents of chapter – report writing – the role of audience – readability –

comprehension – tone – final proof – report format – title of the report – ethics in

research – ethical behaviour of research – subjectivity and objectivity in research.

UNIT VI CASE STUDY 10 Case studies to be analyzed

TEXTBOOKS 1. Donald R. Cooper, Pamela S. Schindler and J K Sharma, Business

Research methods, 11th

Edition, Tata Mc Graw Hill, New Delhi, 2012.

2. Alan Bryman and Emma Bell, Business Research methods, 3rd

Edition, Oxford University Press, New Delhi, 2011.

3. Uma Sekaran and Roger Bougie, Research methods for Business, 5th

Edition, Wiley India, New Delhi, 2012.

4. William G Zikmund, Barry J Babin, Jon C.Carr, Atanu Adhikari,Mitch Griffin,

Business Research methods, A South Asian Perspective, 8th

Edition, Cengage Learning, New Delhi, 2012.

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COURSE OBJECTIVES: Facilitate student to Understand the operational nuances of a Finance Manager Comprehend the technique of making decisions related to finance function

COURSE OUTCOMES: Possess the techniques of managing finance in an organization UNIT I FOUNDATIONS OF FINANCE: Financial management – An overview- Time value of money- Introduction to the concept of risk and return of a single asset and of a portfolio- Valuation of bonds and shares-Option valuation. UNIT II INVESTMENT DECISIONS: Capital Budgeting: Principles and techniques - Nature of capital budgeting- Identifying relevant cash flows - Evaluation Techniques: Payback, Accounting rate of return, Net Present Value, Internal Rate of Return, Profitability Index - Comparison of DCF techniques - Project selection under capital rationing - Inflation and capital budgeting - Concept and measurement of cost of capital - Specific cost and overall cost of capital

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UNIT III FINANCING AND DIVIDEND DECISION: Financial and operating leverage - capital structure - Cost of capital and valuation - designing capital structure. Dividend policy - Aspects of dividend policy - practical consideration - forms of dividend policy - forms of dividends - share splits. UNIT IV WORKING CAPITAL MANAGEMENT: Principles of working capital: Concepts, Needs, Determinants, issues and estimation of working capital - Accounts Receivables Management and factoring - Inventory management - Cash management - Working capital finance : Trade credit, Bank finance and Commercial paper. UNIT V LONG TERM SOURCES OF FINANCE: Indian capital and stock market, New issues market Long term finance: Shares,

debentures and term loans, lease, hire purchase, venture capital financing, Private

Equity.


TEXT BOOKS 1. M.Y. Khan and P.K.Jain Financial management, Text, Problems and cases

Tata McGraw Hill, 6th

edition, 2011.

2. M. Pandey Financial Management, Vikas Publishing House Pvt. Ltd., 10th

edition, 2012.

REFERENCES 1. Aswat Damodaran, Corporate Finance Theory and practice, John Wiley & Sons,

2011. 2. James C. Vanhorne –Fundamentals of Financial Management– PHI Learning,

11th

Edition, 2012.

3. Brigham, Ehrhardt, Financial Management Theory and Practice, 12th

edition, Cengage Learning 2010.

4. Prasanna Chandra, Financial Management, 9th

edition, Tata McGraw Hill, 2012. 5. Srivatsava, Mishra, Financial Management, Oxford University Press, 2011

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COURSE OBJECTIVE : Understand how material management should be considered for profitability COURSE OUTCOME : Student gains knowledge on effective utilisation of materials in manufacturing and service organisation UNIT I INTRODUCTION

Operating environment-aggregate planning-role, need, strategies, costs techniques, approaches-master scheduling-manufacturing planning and control system- manufacturing resource planning-enterprise resource planning-making the production plan

UNIT II MATERIALS PLANNING

Materials requirements planning-bill of materials-resource requirement planning- manufacturing resource planning-capacity management-scheduling orders-production activity control-codification.

UNIT III INVENTORY MANAGEMENT

Policy Decisions–objectives-control -Retail Discounting Model, Newsvendor Model; EOQ and EBQ models for uniform and variable demand With and without shortages -Quantity discount models. Probabilistic inventory models.

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UNIT IV PURCHASING MANAGEMENT

Establishing specifications-selecting suppliers-price determination-forward buying-mixed buying strategy-price forecasting-buying seasonal commodities-purchasing under uncertainty-demand management-price forecasting-purchasing under uncertainty- purchasing of capital equipment-international purchasing

UNIT V WAREHOUSE MANAGEMENT

Warehousing functions – types - Stores management-stores systems and procedures- incoming materials control-stores accounting and stock verification-Obsolete, surplus and scrap-value analysis-material handling-transportation and traffic management - operational efficiency-productivity-cost effectiveness-performance measurement


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TEXT BOOK 1. J.R.Tony Arnold, Stephen N. Chapman, Lloyd M. Clive, Materials Management,

Pearson, 2012. 2. P. Gopalakrishnan, Purchasing and Materials Management, Tata McGraw Hill, 2012 REFERENCES 1. A.K.Chitale and R.C.Gupta, Materials Management, Text and Cases, PHI

Learning, 2nd

Edition, 2006 2. A.K.Datla, Materials Management, Procedure, Text and Cases, PHI Learning, 2

nd

Edition, 2006 3. Ajay K Garg, Production and Operations Management, Tata McGraw Hill , 2012 4. Ronald H. Ballou and Samir K. Srivastava, Business Logistics and Supply Chain

Management, Pearson education,Fifth Edition 5. S. N. Chary, Production and Operations Management, Tata McGraw Hill , 2012

26


COURSE OBJECTIVE: To learn the concepts of operations research applied in business decision making. COURSE OUTCOME: To facilitate quantitative solutions in business decision making under conditions of certainty, risk and uncertainty. UNIT I INTRODUCTION TO LINEAR PROGRAMMING (LP) Introduction to applications of operations research in functional areas of management. Linear Programming-formulation, solution by graphical and simplex methods (Primal - Penalty, Two Phase), Special cases. Dual simplex method. Principles of Duality. Sensitivity Analysis. UNIT II LINEAR PROGRAMMING EXTENSIONS Transportation Models (Minimising and Maximising Problems) – Balanced and unbalanced Problems – Initial Basic feasible solution by N-W Corner Rule, Least cost and Vogel‟s approximation methods. Check for optimality. Solution by MODI / Stepping Stone method. Case of Degeneracy. Transhipment Models. Assignment Models (Minimising and Maximising Problems) – Balanced and Unbalanced Problems. Solution by Hungarian and Branch and Bound Algorithms. Travelling Salesman problem. Crew Assignment Models. UNIT III INTEGER PROGRAMMING AND GAME THEORY Solution to pure and mixed integer programming problem by Branch and Bound and cutting plane algorithms. Game Theory-Two person Zero sum games-Saddle point, Dominance Rule, Convex Linear Combination (Averages), methods of matrices, graphical and LP solutions. UNIT IV INVENTORY MODELS, SIMULATION AND DECISION THEORY Inventory Models – EOQ and EBQ Models (With and without shortages), Quantity Discount Models. Decision making under risk – Decision trees – Decision making under uncertainty. Monte-carlo simulation. UNIT V QUEUING THEORY AND REPLACEMENT MODELS Queuing Theory - single and Multi-channel models – infinite number of customers and infinite calling source. Replacement Models-Individuals replacement Models (With and without time value of money) – Group Replacement Models. TEXTBOOKS 1. Paneerselvam R., Operations Research, Prentice Hall of India, Fourth Print,

2008. 2. N. D Vohra, Quantitative Techniques in Management,Tata Mcgraw Hill, 2010. 3. Pradeep Prabakar Pai, Operations Research - Principles and Practice, Oxford

Higher Education, . REFERENCES 1. Hamdy A Taha, Introduction to Operations Research, Prentice Hall India,

Seventh Edition, Third Indian Reprint 2004. 2. G. Srinivasan, Operations Research – Principles and Applications, PHI, 2007.

27

3. Gupta P.K, Hira D.S, Problem in Operations Research, S.Chand and Co, 2007. 4. Kalavathy S, Operations Research, Second Edition, Vikas Publishing House,

2004. 5. Frederick & Mark Hillier, Introduction to Management Science – A Modeling

and case studies approach with spreadsheets, Tata Mcgraw Hill, 2005.

28


COURSE OBJECTIVE: To learn the major initiatives taken by a company's top management on behalf of corporates, involving resources and performance in external environments. It entails specifying the organization's mission, vision and objectives, developing policies and plan to understand the analysis and implementation of strategic management in strategic business units. COURSE OUTCOMES : This Course will create knowledge and understanding of management concepts principles and skills from a people, finance, marketing and organisational perspectives the development of appropriate organisational policies and strategies within a changing context to meet stakeholder interests information systems to learn from failure key tools and techniques for the analysis and design of information systems, including their human and organisational as well as technical aspects. UNIT I STRATEGY AND PROCESS Conceptual framework for strategic management, the Concept of Strategy and the Strategy Formation Process – Stakeholders in business – Vision, Mission and Purpose – Business definition, Objectives and Goals - Corporate Governance and Social responsibility-case study. UNIT II COMPETITIVE ADVANTAGE External Environment - Porter‟s Five Forces Model-Strategic Groups Competitive Changes during Industry Evolution-Globalisation and Industry Structure - National Context and Competitive advantage Resources- Capabilities and competencies–core competencies-Low cost and differentiation Generic Building Blocks of Competitive Advantage- Distinctive Competencies-Resources and Capabilities durability of competitive Advantage- Avoiding failures and sustaining competitive advantage-Case study. UNIT III STRATEGIES The generic strategic alternatives – Stability, Expansion, Retrenchment and Combination strategies - Business level strategy- Strategy in the Global Environment-Corporate Strategy-Vertical Integration-Diversification and Strategic Alliances- Building and Restructuring the corporation- Strategic analysis and choice - Environmental Threat and Opportunity Profile (ETOP) - Organizational Capability Profile - Strategic Advantage Profile - Corporate Portfolio Analysis - SWOT Analysis - GAP Analysis - Mc Kinsey's 7s Framework - GE 9 Cell Model - Distinctive competitiveness - Selection of matrix - Balance Score Card-case study. UNIT IV STRATEGY IMPLEMENTATION & EVALUATION The implementation process, Resource allocation, Designing organisational

29

structure-Designing Strategic Control Systems- Matching structure and control to strategy-Implementing Strategic change-Politics-Power and Conflict-Techniques of strategic evaluation & control-case study. UNIT V OTHER STRATEGIC ISSUES Managing Technology and Innovation-Strategic issues for Non Profit organisations. New Business Models and strategies for Internet Economy-case study

UNIT VI CASE STUDY 08 10 Case studies to be analyzed

TEXTBOOKS 1. Hill. Strategic Management : An Integrated approach, 2009 Edition Wiley (2012). 2. John A.Parnell. Strategic Management, Theory and practice Biztantra (2012).

3. Azhar Kazmi, Strategic Management and Business Policy, 3rd

Edition, Tata McGraw Hill,2008

REFERENCES 1. Adriau HAberberg and Alison Rieple, Strategic Management Theory & Application,

Oxford University Press, 2008. 2. Lawerence G. Hrebiniak, Making strategy work, Pearson, 2005. 3. Gupta, Gollakota and Srinivasan, Business Policy and Strategic Management –

Concepts and Application, Prentice Hall of India, 2005. 4. Dr.Dharma Bir Singh, Strategic Management & Business Policy, KoGent Learning

Solutions Inc., Wiley, 2012. 5. John Pearce, Richard Robinson and Amitha Mittal, Strategic Management,

McGraw Hill, 12th

Edition, 2012

30


31

UEN005 Practical Communicative English - II 2 1

As per commonly adopted syllabus by the University

32

Third Semester L P C








33


Objective: The objective of this paper is to make the students familiar with the

performance measurement techniques for business.

UNIT-I Corporate Performance Measurement - Need and Importance; Historical Overview;

Product Costing in price estimates and profit management; Techniques to measure and

enhance profitability and quality of products and services; Activity Based Management,

Target and Kaizen costing; benchmarking and environmental costing; Flexible

Budgeting, and Activity Based Budgeting.

UNIT-II Setting of performance goals and incentives, and the use of diagnostic tools and

control; systems to achieve the goals; Strategic Profitability Analysis; Measuring

performance using Economic Value Added (EVA) methodology; Comparison between

Return on Investment (ROI) and EVA methodology of measuring performance. UNIT-III

Measurement of Corporate Performance through Balanced Scorecard and its value

creation potential;. Rationality behind balance score card; performance dimensions of

the balance score card; Throughput Accounting; Comparison of Activity Based Costing.

UNIT-IV Information Systems aspects of management control; Control-needs of Information flow,

and its consolidation in multi-locational setting; Management Control System and its

applications; Responsibility Accounting - Meaning and Methodology, types of

responsibility centres, organizational structure of responsibility centres; objectives and

methods of transfer pricing, pricing corporate services and administration of transfer

pricing. Reference Books:

1. Anthomu, R.N. and Govindrajan, V., Management Control System, Tata

McGraw-Hill New Delhi. 2. Atkinson, A., R.S. Kaplan and S.M. Young, Management Accounting (4th ed).

New Jersey: Prentice Hall 3. Friedlob, George T, Lydia, L.F., Essentials of Corporate Performance

Measurement, John Wiley and Sons inc. 4. Manzoni, Alex, Islam Sardar, M.N, Performance Measurement in Corporate

Governance, Springer 5. Simon, R., Performance Measurement and Control System for

Implementing strategy-Text and Cases, Prentice Hall

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6. Merchant, K and Van-der-stede, W.A., Management Control System: Performance Evaluation and Incentives, Prentice Hall.

7. Marvin T. Howell, Actionable Performance Measurement - A Key to Success, American Society for Quality, Quality Press, Milwaukee.

8. Merchant, K.A., Modern Management Control System: Text and Cases, Pearson Education Inc.

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Objective : The aim of this course is to familiarize the student with major latest provisions of the Indian tax laws and related judicial pronouncements pertaining to corporate enterprises having implications for various aspects of Corporate planning with a view to derive maximum possible tax benefits admissible under the law. UNIT-I

Structure of Direct and Indirect Taxes in India. Concepts, Significance and Problems of Tax Planning, Tax Avoidance and Tax Evasion–Recognized methods of Tax Planning : Ensuring maximum claims for deduction for companies with special emphasis on depreciation allowance, expenses of scientific research, amortization of preliminary expenses and amounts not claimed otherwise. Taking advantages of available reliefs, rebates and tax free sources of income.

UNIT-II

Definition of various kinds of companies - Meaning of company under IT Act. Residential status of companies and implications for Tax Planning. Assessment of companies including carry forward and set off of losses. UNIT-III

Tax implications in planning of business unit as Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Tax planning in the context of exemptions, incentives, export promotions & various deductions under Chapter–VI of Income Tax Act. Setting up of a new Industrial Establishment: location aspects; nature of business; planning for tax holiday benefits. Specific management decisions such as (1) make or buy; (2) own or lease, (3) repair or replace; (4) export vs. local sale; (5) shut down or continue; (6) expand or contract.

UNIT-IV

Indirect Tax Planning: Central Excise Act – Planning in relation to nature of activity, use of power, commodity to manufacture, method of selling, scale of investment, number of workers, location of units, etc. Exemption from excise duty levy - nature and types of exemption, Special reliefs for exports and SSI units. Set-off of duties - meaning, schemes of set-off VAT / Sales Tax Act – Method of executing sales through branches, head office and factory; export contracts and implications on penultimate sales, canalized exports – implications.

Reference Books:

1.Singhania, V.K.: Direct Taxes: Laws and Practice , Taxman N. Delhi. 2.Singhania, V.K. : Direct Tax planning and Management Taxman N. Delhi. 3.Prasad, Bhagabati: Direct Tax Law & Practice, New Age Publ., N. Delhi. 4.Merhotra, H.C.: Direct Taxes Planning, Sahitya Bhavan, Agra. 5.Srinivas, E.A.: Corporate Tax Planning, TMG, New Delhi. 6.Lakhotia, R.N. Corporate Tax Planning, Vision Publications, N. Delhi

7.Ahuja, Girish & Gupta, Ravi: Systematic Approach to Income Tax; Central Sales Tax, Bharat Law House, N. Delhi. 8.Datey V.S.: Indirect Taxes - Law and Practice, Taxman Publications, New Delhi.

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Objective: This course aims to acquaint the students with concepts and various aspects of cost management from strategic perspective. UNIT-I

Conceptual framework of SCM, environmental influences in cost management practices, role of SCM in strategic positioning; cost management tools-life cycle costing, target costing, kaizen costing, JIT & theory of constraints, BPR and bench marking.

UNIT-II

Nature of activity-based costing (ABC); benefits and limitations of ABC; limitation of volume-based costing system, indicates of ABC; activity hierarchic; cost drivers; designing an ABC system, Activity- based management; operational and strategic application of ABC; customer profitability analysis, process value analysis, financial measures of activity efficiency; Nature of value-chain analysis; activity analysis an linkage analysis; application of linkage analysis in cost reduction and value addition.

UNIT-III

Functional-based planning and control; budgeting – nature, administration and effectiveness; budgeting cycle; activity-based budgeting; kaizen approach; ZBB; performance budgeting; human aspects of budgeting; responsibility centers and financial control - nature and role of responsibility centers; accounting and evaluation of responsibility centers, measuring the performance of investment centre – ROI, RI, EVA; transfer pricing and its applications.

UNIT-IV

Strategic-based performance measurement system: Balanced score card-prospective and limitations; establishing objectives and performance measures in different perspectives of balance score card; productivity measurement and control; productivity efficiency; partial and total productivity measurement; measuring changes in activity and process efficiency; quality cost management and reporting.

Reference Books:

1.Drury, Colin, Management Accounting and Control, Thomson Learning. 2.Horngren, Datar Foster, Cost Accounting, Pearson Education. 3.Hansen and Mowen, Cost Mangement, Thomson Learning. 4.Kaplan, Atkinson and Young, Management Accounting, Pearson Education. 5.Kaplan, Atkinson, Advanced Management Accounting, Pearson Education. 6.Anthony, Robert N., and Vijay, Management Control System, McGraw Hill.

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Objective: The objective of this course is to develop some conceptual knowledge and Understanding of international accounting issues among students. In addition, this course makes students capable of tackling issues in prevailing regulatory environments.

UNIT-I

International Dimensions of accounting and control: Multinational enterprise,Inter-nationalisation of capital markets, Internationalization of accounting profession. Operational and conceptual issue. Foreign currency translations, methods and practices.

UNIT-II

Specific Reporting Issues: Regulatory Disclosure Requirements; Foreign Operations Disclosure; Social Responsibility Disclosures. Managerial Accounting Issues: Strategic Planning; Management Control Systems; Performance Evaluation of foreign operations.

UNIT-III

International Accounting Standard Board and International Financial Reporting Standards (IFRS): Advantages, supporting and deterring forces; International and Regional Efforts in Standard Setting; International Standards setting process, Harmonization; Financial Statement Analysis of companies and countries differences in accounting principles, foreign currency statements and Ratio Analysis.

UNIT-IV

Transfer pricing, methods, objectives, strategies. Emerging issues in International Accounting.

Reference Books:

1.Radebaugh L. H. and S.J. Gray, International Accounting, and Multinational Enterprises, John Wiley & Sons. 2.Sandagaran S.M., International Accounting, South Western. 3.Gray, S.J., International Accounting and Transnational Decisions , Butterworth, London, U.K. 4.Holzer H. Peter, International Accounting, Horper and Row Publishers, New York. 5.Frederick D.S. Choi and Gary K. Meek, International Accounting, Pearson Education. 6.Shirin Rathore, International Accounting, Prentice Hall of India.

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UNIT-I

Banking structure in India - banking functions and services - Foreign commercial banks - Private commercial banks - capital adequacy. Principles of lending - financial adequacy assessing the borrower - project appraisal - structural and Infrastructural analysis – legal formalities - follow up loans, asset management companies.

UNIT-II

Non Performing Assets (NPAs) - Early Warning Signals - Management of NPAs - Remedies Available - Recent Measures - loan recovery tribunals - Provisions of Revenue Recovery Act.

UNIT-III

Investment management - priorities in allocation of bank funds - investment in governments securities - maturity and yield - quality and diversification, profitability management - profit planning.

UNIT-IV

Traditional Banking vs. E-Banking - facets of E-Banking - Internet Procurement - E - Banking Transaction - Electronic Delivery Channels - Truncated Cheque – Complete Centralized Solution - Features of CCS - Advances of E-Banking - Constraints in E-Banking - Security Measures.

Reference Books :

1.Varshney, PN. Banking Law & Practice, Sultan Chand, New Delhi. 2.S.N.Maheswari, Banking Law & Practice, Ludhiana, Kalyani Publications. 3.Vasant Desai, Principles of Bank Management, Mumbai, Himalaya Publications. 4.K.Subramanian, Banking Reforms in India, TMH, New Delhi.

5.Joseph Sinkey, Commercial Bank Financial Bank Financial Management, Pearson Education (Prentice Hall) 6.E.Gordon and Dr. K. Natarajan, Banking Theory Law and Practice – Himalaya Publishing House.

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Objective: This course aims at a familiarizing the participants with the concept of insurance, the risk and its management, various insurance policies and their structure along with the legal dimensions involved. This course also aims at providing the knowledge of Insurance Company’s Management.

UNIT-I

Conceptual Framework: Risk, Peril and hazard, classification and burden of risk. Insurance as a device to hedge risk. Elements of insurable risk. Development life. Functions of Insurer, Government as Insurer and a regular. Structure of Indian Insurance Industry. Principles and Practices of General Insurance: Meaning, Functions and Scope of Fire, Engineering, Accident, Marine and Aviation Insurance. Fire Insurance – Types of Policies – Floating Policies and Declaration Policies; Endorsements and Clauses – Fire Protection System, Discounts – Special Rating of Large Industrial Risks.

UNIT-II

Industrial Risk Insurance. Consequential Loss Insurance – Standard Consequential Loss Policy Form – Conditions. Engineering Insurance: Machinery Breakdown Insurance – Contractors All risks Insurance and various other policies – Miscellaneous Annual Policies – Advance Loss of Profits Insurance. Motor Insurance – type of: Vehicles and their Policies – Rules & Regulations – Policy Forms. Public Liability Policy: Professional Indemnities – Employers’ Liability Insurance. Personal Accident: Scope of Various covers. Miscellaneous (Accident) Insurance: Fidelity Guarantees and Bonds – Burglary Insurance – Money-in-transit Insurance, Banker’s Indemnity Insurance and other important insurance covers.

UNIT-III

Aviation insurance: Special Features – types of Cover, Marine Insurance including Inland Rail/Road transit insurance. Life and Health Insurance: Life Insurance and annuities broad classification of Life insurances, special purpose policies; Family income, Family maintenance, Family policy, Joint Life Policies, Classes of life insurance, Health Insurance: Medical Insurance Types of Health Insurance Coverages, types of losses covered. Health insurance contract. Buying a health insurance policy.

UNIT-IV

Legal frame work of Insurance: Insurance and Law of Contracts, characteristics of an Insurance Contract, Interpretation of the Contract, Doctrine of informal Warranties and beneficent interpretation, Exclusion of Coverage’s. Organization and Administration of Insurance: Management Organization: Departmentalisation, marketing, Claims, and loss control, underwriting and pricing of insurance, retention and re-insurance; Financial Structure, reserves of property and liabilities of insurer, earned surplus and profitability, Insurer’s Investments, Financial Reporting.

40

References Books:

1.W.A. Dinsdale, “Elements of Insurance”, Pitaman, 1971. 2.Dorfman Marks S., “Introduction to Risk Management and Insurance”, 5th Edition,

Prentice Hall Inc., Englewood Cliffs N.J . 3.Nicholas Legh – Jones, John Birds and David Owen, “MacGillivray on Insurance Law”,

11th Edition, Sweet & Maxwell, London, 2008. 4.Denis Riley, “Consequential Loss Insurance and Claims”, 4th edition, London: Sweet &

Maxwell, 1977.

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42

UEN006 Practical Communicative English - III 2 1

As per commonly approved syllabi by University

43

Fourth Semester L P C



PBA401 Business Ethics, Corporate Social Responsibility And

Governance 5 0 5




UEN007 Practical Communicative English - IV 2 1

PCO406 Dissertation - - 12

Total 26 0 37

44


Objective: The objective of the course is to provide the student with skills necessary to create, plan and control a new Enterprise. UNIT – I

Project Identification, Formulation and Planning : Understanding environment for business opportunities Idea generation, short listing and selection of product/service stages in Venture Appraisal- Technical, Financial, Economic and Social Appraisal Location, Factory Design and Layout. Commercial vs. National Profitability Social Cost - Benefit Analysis (broader concept only). Feasibility Report Preparation for new Enterprise - format and contents.

UNIT – II

Market and Financial Appraisal : Market Survey – Design, Data Sources and Methodology, Market Segmentation and product differentiation, Forecasting Future demand and Distribution Analysis, Preparation of the Sales Plan and Report Estimation of Financial Requirement.

UNIT – III

Application of Capital Budgeting Techniques, Risk and Uncertainty Analysis for the new enterprise, Planning Capital Structure and Financing Project Financial viability Study.

UNIT – IV

Project Implementation and Management : Project Organisation and Control Network Analysis – PERT & CPM Cost and Time Over-run Project Follow up and Monitoring. Reference Books:

1.Chandra, Prasanna : Project Prepartation, Appraisal and Implementation, Tata Mc Graw Hill, N. Delhi.

2.Desai, Vasant : Entrepreneurial Development, Vol.II Project Formulation Appraisal and Financing for Small Industry, Himalaya Publ. N. Delhi.

3.Nicholas : Project Management for Business and Technology: Principles and Practice (Prentice Hall of India, N. Delhi. 4.Pitala : Project Appraisal Techniques, Oxford & IBH Publication. 5.Yound, Trevour L. : Planning and Implementing Project, Sterling Publishing Ltd. 6.Krishnan and Moorthy : Text Book of Project Management, Mac Millan India Ltd. 7.Singh, Narendra : Project Management & Control, Himalaya Publ., N. Delhi.

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Global Financial Environment : Financial Goal and Corporate Governance - Macro & Micro Int’l. Finance, - Int’l Monetary System & Crisis - Balance of Payment. Foreign Exchange Theory and Market: The Foreign Exchange Market and Problem, The Foregin Exchange Rate Determination.

UNIT-II

Foreign Currency Derivatives: Forward, Future and Option Market, PPP, IRP IFE, and International Parity Condition: International Triangula Arbitrage-Covered Interest Arbitrage.

UNIT-III

Forex Exposure & Risk Management - Transaction, Operating/Economy & Translation/Accounting Exposure - Currency Hedging Strategy. Transaction Exposure Management : - International Financial Engineering; Working Capital Management in Multinational Corporations.

UNIT-IV

Financing the Global Firm : - Global Cost of Capital & Available of Capital – Sourcing Equity Globally - Financing Structure & International Debt - International Portfolio Theory - FDI Theory & Strategy.

Reference Books:

1.Madura J. : International Corporate Finance, 8th Edition, South Western Publishing Company.

2.Alan C. Shapiro, Multinational Financial Management, 6th Edition, Prentice-HallInternational Inc. 3.Solnik, B. McLeavey, D. : Global Investment, 6th edition, Pearson Addison Wesley. 4.Richard M. Levich, International Financial Market, Prices and Polices , McGraw-Hill. 5.Hamdy Hady, Manajemen Keuangan Internasional edisi 3, YAI dan PT. Hecca Mitra Utama.

46

PBA401 Business Ethics, Corporate Social Responsibility And

Governance 5 0 5

COURSE OBJECTIVE: To have grounding on theory through the understanding of real life situations and cases. COURSE OUTCOME: To understand ethical issues in workplace and be able to find solution for „most good‟.

UNIT I INTRODUCTION Definition & nature Business ethics, Characteristics, Ethical theories; Causes of unethical behavior; Ethical abuses; Work ethics; Code of conduct; Public good.

UNIT ETHICS THEORY AND BEYOND Management of Ethics - Ethics analysis [ Hosmer model ]; Ethical dilemma; Ethics in practice - ethics for managers; Role and function of ethical managers- Comparative ethical behaviour of managers; Code of ethics; Competitiveness, organizational size, profitability and ethics; Cost ofethics in Corporate ethics evaluation. Business and ecological / environmental issues in the Indian context and case studies. UNIT III LEGAL ASPECTS OF ETHICS Political – legal environment; Provisions of the Indian constitution pertaining to Business; Political setup – major characteristics and their implications for business; Prominent features of MRTP & FERA. Social – cultural environment and their impact on business operations, Salient features of Indian culture and values. UNIT IV ENVIRONMENTAL ETHICS

Economic Environment; Philosophy of economic grow and its implications for business, Main features of Economic Planning with respect to business; Industrial policy and framework of government contract over Business; Role of chamber of commerce and confederation of Indian Industries.

UNIT V CORPORATE SOCIAL RESPONSIBILITY AND GOVERNANCE Definition- Evolution- Need for CSR; Theoretical perspectives; Corporate citizenship; Business practices; Strategies for CSR; Challenges and implementation; Evolution of corporate governance; Governance practices and regulation; Structure and development of boards; Role of capital market and government; Governance ratings; Future of governance- innovative practices; Case studies with lessons learnt.

UNIT VI CASE STUDY 10 Case studies to be analyzed TEXTBOOKS 1. S.A. Sherlekar, Ethics in Management, Himalaya Publishing House, 2009. 2. William B. Werther and David B. Chandler, Strategic corporate social

47

responsibility, Sage Publications Inc., 2011 3. Robert A.G. Monks and Nell Minow, Corporate governance, John Wiley and

Sons, 2011. REFERENCES 1. W.H. Shaw, Business Ethics, Cengage Learning, 2007. 2. Beeslory, Michel and Evens, Corporate Social Responsibility, Taylor and Francis,

1978. 3. Philip Kotler and Nancy Lee, Corporate social responsibility: doing the most good

for company and your cause, Wiley, 2005. 4. Subhabrata Bobby Banerjee, Corporate social responsibility: the good, the bad

and the ugly, Edward Elgar Publishing, 2007. 5. Satheesh kumar, Corporate governance, Oxford University, Press, 2010. 6. Bob Tricker, Corporate governance- Principles, policies and practices, Oxford

University Press, 2009. 7. Larue Tone Hosmer and Richard D., The Ethics of Management, Irwin Inc., 1995. 8. Joseph A. Petrick and John F. Quinn, Management Ethics - integrity at work,

Sage, 1997.

48


Objectives: Corporation is the most important part of the economic development of a company. With pace of development of the emerging scenario, the corporate accounting is also becoming little bit tougher. This paper will enable the students to learn the advanced accounting in the field of corporate world.

UNIT-I

Business Acquisition and Conversion of partnership into limited company and Limited Liability Partnership (LLP): Profit/ loss prior to incorporation; Accounting for Acquisition of business. Conversion of Partnership into Limited Company – with and without same set of books Amalgamation of firms, accounting in the books transferor and transferee firm.

Investment Accounts : Maintenance of Investment Ledger; Preparation of Investment Account (transaction with brokerage, STT, cum & ex-interest), Valuation of Investment under FIFO and Average method; Investment Account for Shares (with Right Shares, Bonus Shares and Sale of Right). Relevant Accounting Standard.

UNIT-II

Company Merger and Reconstruction: Amalgamation, Absorption and Reconstruction– Meaning; relevant standard and meaning of different terms, Accounting in the books of Transferor Company. Accounting in the books of Transferee (both for amalgamation in the nature of Merger and of Purchase); inter-companytransactions ( including inter-company share holding). Internal reconstruction – meaning, provisions and Accounting, Surrender of Shares for redistribution; preparation of Balance Sheet after reconstruction.

UNIT-III

Valuation: Goodwill – Valuation using different methods i.e., Average Profit, Super Profit, Capitalization and Annuity. Shares – Valuation using different methods: Intrinsic, Earnings, Dividend Yield, Earnings- Price, Cum-div and Ex-div, Majority and Minority view and Fair Value.

UNIT-IV

Meaning of Holding Company & Subsidiary Company; relevant standard; Consolidation of Balance Sheets of Parent & Subsidiary (only one); Minority Interest – Basic principles and preparation of CBS; CBS with loss balance of Subsidiary Treatment for: Revaluation of Assets of Subsidiary, Intergroup Transactions, Holding of different securities. Consideration of dividend paid or proposed by Subsidiary in CBS; Bonus Shares issued or proposed to be issued by Subsidiary (excluding shares acquired on different dates by the Parent company, chain and cross holding).

Reference Books: 1.Sukla, Grewal, Gupta, Advanced Accountancy, Vol. II, S. Chand. 2.R. L.Gupta & Radheswamy, Advanced Accountancy Vol. II, S. Chand. 3.Maheshwari & Maheshwari, Advanced Accountancy Vol. II, Vikash Publishing. 4.Sehgal & Sehgal, Advanced Accountancy Vol. I II, Taxman Publication. 5.Hanif & Mukherjee, Corporate Accounting, TMH. 6.L.S.Porwal, Accounting Theory, Tata Mcgraw Hill.

49

7.Gokul Sinha, Accounting Theory & Management Accounting. 8.B. Banerjee, Regulation of Corporate Accounting & Reporting in India, World Press. 9.Frank Wood, Business Accounting Vol II, Pearson. 10.V.K.Goyal, Corporate Accounting, Excel Books.

50


Objectives: The basic purpose of this paper is to provide in-depth knowledge of the auditing contemporary issues particularly related to the company audit.

UNIT-I

Company Audit: Qualification, Disqualification, Appointment, Removal, Remuneration of Auditors. Audit Ceiling-Status, Power, Duties and Liabilities of auditors. Branch Audit - Joint Audit - Special Audit. Maintenance of Books of Account –Related Party Disclosures- Segment Reporting. Divisible Profit, Dividend and Depreciation (Companies Act, Standards on Accounting, Legal Decisions and Auditor’s Responsibility). Representations by Management - Contents of Annual Report (A Brief Idea).

UNIT-II

Audit Report and Certificate: Definition - Distinction between Report and Certificate - Types of Reports/Opinion 35 (Clean, Qualified, Disclaimer, Negative and Piecemeal) Contents of Audit Report (As per Companies Act and Standards on auditing). True and Fair View (Concept and Guiding Factors)- Materiality(Concepts and Relevance) - Limited Review- Disclosures. Certificate on Corporate Governance- Cash Flow Statement Reporting.

UNIT-III

Audit of Different Institutions: Banks - Legislation Relevant to Audit of Banks, Approach to Bank Audit, Internal Control Evaluation, Non-Performance Assets (Concept, Provisions), Long Form Audit Report. Insurance Companies - Legislation Relevant to Audit of Insurance Companies (Life and General Insurance), Review of Internal Control, Audit Report (Matters as per IRDA). Educational Institutions and Hospital Features and Basic Principles of Government Audit - Local Bodies and Non- Profit Seeking Organizations (including NGOs). Comptroller and Auditor General and its Constitutional Role. Investigation Meaning, Purpose - Distinction between Investigation and Auditing Approach to Investigation - Types of Investigations. Assessing a Business (Due Diligence Review, Valuation). Investigations to Detect Fraud, Misappropriations and Defalcations - Investigations with respect to Business Combinations.

UNIT-IV

Other Thrust Areas: Cost Audit - Concepts, Objectives, Advantages, Relevant Provisions of Comp. Act. Management Audit - Tax Audit - Systems Audit - Social Audit-Environment Audit Energy Audit - Forensic Audit-Peer review (Concepts, Objectives and Regulatory Requirements). Ethics in Auditing – Auditor’s Independence. Auditing in CIS Environment. Standards on Auditing (Concepts, Purpose and Present Position as to Number and Title as issued by ICAI).

Note: Topics to be studied with reference to Standards on Auditing and Accounting including Applicable Indian Financial Reporting Standards.

51

Reference Books :

1.Gupta, Kamal, Contemporary Auditing, TMH. 2.Tandon, B.N., Principles of Auditing, S. Chand & Co. 3.Sharma, T.R., Auditing Principles & Problems, Sahitya Bhavan, Agra. 4.Spicer & Pegler, Practical Auditing. 5.Woolf, Emile, Auditing Today. 6.Basu, Sanjib Kumar, Fundamentals of Auditing, Pearson. 7.Auditing Assurance Standards and Guidelines issued by ICAI.

52


OBJECTIVES : Enables student to Understand the nuances of stock market operations Understand the techniques involved in deciding upon purchase or sale of securities

OUTCOME Become a good investment analyst

UNIT I INVESTMENT SETTING Financial and economic meaning of Investment – Characteristics and objectives of Investment – Types of Investment – Investment alternatives – Choice and Evaluation – Risk and return concepts. UNIT II SECURITIES MARKETS

Financial Market - Segments – Types - - Participants in financial Market – Regulatory Environment, Primary Market – Methods of floating new issues, Book building – Role of primary market – Regulation of primary market, Stock exchanges in India – BSE, OTCEI , NSE, ISE, and Regulations of stock exchanges – Trading system in stock exchanges – SEBI. UNIT III FUNDAMENTAL ANALYSIS Economic Analysis – Economic forecasting and stock Investment Decisions – Forecasting techniques. Industry Analysis : Industry classification, Industry life cycle – Company Analysis Measuring Earnings – Forecasting Earnings – Applied Valuation Techniques – Graham and Dodds investor ratios UNIT IV TECHNICAL ANALYSIS

Fundamental Analysis Vs Technical Analysis – Charting methods – Market Indicators. Trend – Trend reversals – Patterns - Moving Average – Exponential moving Average –

Oscillators – Market Indicators – Efficient Market theory.

UNIT V PORTFOLIO MANAGEMENT Portfolio analysis –Portfolio Selection –Capital Asset Pricing model – Portfolio Revision – Portfolio Evaluation – Mutual Funds.

UNIT VI

CASE STUDY 10 Case studies to be analyzed TEXTBOOKS 1. Donald E.Fischer & Ronald J.Jordan, Security Analysis & Portfolio Management,

PHI Learning., New Delhi, 8th

edition, 2011. 2. Prasannachandra, Investment analysis and Portfolio Management, Tata

McGraw Hill, 2011. REFERENCES 1. Reilly & Brown, Investment Analysis and Portfolio Management, Cengage

Learning, 9th

edition, 2011. 2. S. Kevin , Securities Analysis and Portfolio Management , PHI Learning , 2012.

3. Bodi, Kane, Markus, Mohanty, Investments, 8th

edition, Tata McGraw Hill, 2011.

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4. V.A.Avadhan, Securities Analysis and Portfolio Management, Himalaya Publishing House, 2011.

5. V.K.Bhalla, Investment Management, S.Chand & Company Ltd., 2012.

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As per commonly approved syllabi of the University

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