SFS, GURUKUL MARG, MANSAROVAR, JAIPUR
CREDIT TEMPLATE
AND
OUTLINES OF THE SYLLABI
FOR
M.Phil. COMMERCE EXAMINATION
I Semester Examination November 2009
II Semester Examination April 2010
Faculty of Commerce
M.Phil. (Commerce)
Total credits:
30
Semester-I Total marks: 500
Contact Hrs. Per
Week Paper Code Title Per
Sem L∞ C
@
Credit Max
marks
Compulsory papers
COM 141 Research Methodology-I 90 4 2 6 100
COM 142 Thesis* (Synopsis & Presentation) 90 4 2 6 100
COM 143 Communication skills 60 4 4 100
COM 144 Communication skills (Practical - Classroom teaching)
30 2 2
Elective Groups (Student will have to elect two papers of one of the following groups)
Accounting & Taxation Group
COM 145 A Techniques of Financial Analysis 90 4 2 6 100
COM 146 A Management of Working capital 90 4 2 6 100
Business Studies Group
COM 145 B Marketing Management 90 4 2 6 100
COM 146 B Consumer Behaviour 90 4 2 6 100
Financial Studies Group
COM 145 F Management of Financial Institutions in India
90 4 2 6 100
COM 146 F Economic Policies & Performance in India
90 4 2 6 100
* Every student will be required to select a topic of research for thesis in consultation with her
guide and prepare a synopsis along with a computer aided presentation. The student will be
awarded marks on the basis of evaluation of the synopsis and corresponding presentation by
the Departmental Research Committee (DRC).
Total credits:
30
Semester-II Total marks: 400
Contact Hrs. Per
Week Paper Code Title Per
Sem L C
Credit Max
marks
Compulsory papers
COM 241 Research Methodology-II 90 4 2 6 100
COM 242 Thesis** 240 16 12 100
COM 243 Viva voce# - - - 6 100
Elective Groups (Student will have to elect one of the following groups)
Accounting & Taxation Group
COM 244 A Cost Management 90 4 2 6 100
Business Studies Group
COM 244 B Human Resource Management 90 4 2 6 100
Financial Studies Group
COM 244 F International Finance 90 4 2 6 100
Industrial visit (Compulsory for all the students)
∞L = Classroom Lecture
@ C = Classroom interaction
** Thesis will be sent to external expert for evaluation. There will be no Internal assessment in
Thesis and Viva-voce.
# Viva voce will be conducted by a panel of experts comprising of one external expert, Head of
the corresponding department and Thesis Supervisor. The panel will evaluate the students on
the basis of thesis, presentation and elementary knowledge of the optional group papers opted
by the student.
The division of 100 marks allotted to each Theory paper shall be as follows:
Semester End Examination 70 Marks
Continuous Assessment 30 Marks
Eligibility: Students having completed M.Com. (ABST, Business Adm., EAFM or GPEM),
MIB, MHRM or MBA degree course with a minimum of 55% of marks in aggregate are
eligible for M.Phil. (Commerce) degree course.
INTERNATIONAL COLLEGE FOR GIRLS (AUTONOMOUS)
SFS GURUKUL MARG, MANSAROVAR, JAIPUR
DEPARTMENT OF COMMERCE
COURSE OF STUDY
AND
RELATED INFORMATION
on M.Phil. in Commerce
I Semester Examination November 2009
II Semester Examination April, 2010
Syllabus applicable for the students seeking admission to the M. Phil.
(Commerce) course in the academic year 2009-10
Course: M.Phil. (Commerce) (Semester I)
Compulsory Paper- 1: Research Methodology-I
Code: (COM 141)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit –I Introduction to Research Methodology:
i. Meaning and definition of research, process of research, types of research (Basic
and Applied).
ii. Approaches to research: Positivist, Interpretive and Critical: basic assumptions.
12 Lecture Hours
Unit –II Planning of Research:
i. Research Design: Purpose of research and time dimensions based research design:
Explorative, Descriptive and Explanatory, Cross-sectional and Longitudinal
research studies.
ii. Sampling Techniques: Census and Sampling methods, Probability and Non-
Probability sampling procedures.
iii. Sample size determination.
12 Lecture Hours
Unit –III Measurement and Scaling Techniques:
i. Variables: Meaning, Types of Variables.
ii. Hypothesis: Meaning, Types and criteria of construction of hypothesis.
iii. Scaling Techniques: Purpose of Scaling Techniques, Types of scales: Nominal,
Ordinal, Interval and Ratio Scales.
12 Lecture Hours
Unit –IV Data Collection Techniques:
i. Questionnaire
ii. Schedule
iii. Interview
iv. Observations
v. Case Study
vi. Content Analysis.
12 Lecture Hours
Unit –V Data Processing and Data Analysis:
i. Classification and Tabulation
ii. Report Writing
iii. The elements of research project
12 Lecture Hours
Essential Readings: Kothari, C.R.(Second Edition) :- Research Methodology: Methods and Techniques,
Wishwa Publication, New Delhi.
Reference book: Badarkar, P.L. and Wilkinson, T.S.(2000): Methodology and Techniques of Social
Research, Himalaya Publishing House, Mumbai.
Bhatnagar, G.L.(1990): Research Methods and Measurements in Behavioural and Social
Sciences, Agri. Cole Publishing Academy, New Delhi.
Dwivedi, R.S.(1997): Research Methods in Behavioural Sciences, Macmillian India,
Delhi.
Agarwal, J.C.: Educational Research- An Introduction, Arya Book Depot, New Delhi.
Best, J.W.: Research in Education, Prentice Hall of India, New Delhi.
Chadra, S.S. and Sharma, R.K.: Research in Education, Atlantis Publishers, New Delhi.
Course : M.Phil. (Commerce) (Semester I)
Thesis (Synopsis and Presentation)
Code: (COM 142)
Credit: 6 Time Allotted: 90 hours
MM: 100
Every student will be required to select a topic of research for thesis in consultation with
her guide and prepare a synopsis along with a computer aided presentation. The student
will be awarded marks on the basis of evaluation of the synopsis and corresponding
presentation by the departmental research committee (DRC)
Course M.Phil (Commerce) Semester I
Compulsory Paper III Communication Skills
Code: COM 143
Total No. of Lectures allotted: 90 Hrs (4 hrs/week)
02 contact hrs per week(for teacher interaction)
MM: 100
Credit: 06
Needs of the Learners: 1. Presentations (Writing and Speaking)
2. Participation in Seminars/Conferences
3. Participation in Group Discussion
4. Writing Reports (for Academic Purposes, on Projects / Experiments, etc.)
5. Teaching.
Language-skills required:
1. Reading
2. Writing
3. Speaking
Unit I
Grammar 12 hrs
Conditionals
Relative Clauses
Subject – Verb Agreement
Passive Voice
Unit II
Written Communication – I 12 hrs
Discuss a topic of general interest, but related to commerce in about 300 words.
(Analyse, Comment, Argue, Reflect, Persuade, etc.)
(can also be used for an oral presentation, followed by discussion)
Unit III
Written Communication – II 12 hrs
Writing a Report on a project undertaken
Unit IV
Oral Communication I 12 hrs
(a) Consulting a dictionary for correct pronunciation (familiarity with Phonemic
Symbols and Stress-marks only) (9 hrs)
(b) Making a Presentation (Powerpoint) (3 hrs)
Unit V
Oral Communication – II 12 hrs
(a) Group Discussion (9 hrs)
(b) Interviews (3 hrs)
Text/References: 1. Advanced English Usage; Quirk & Greenbaum; Pearson Education.
2. Developing Communication Skills; Banerjee Meera & Mohan Krishna;
Macmillan Publications, 1990.
3. Business Communication; Chaturvedi, P.D.; Pearson Publications.
4. Business Communication; Mathew, M.J.; RBSA Publications, 2005.
5. Communication of Business; Taylor, Shirley; Pearson Publications.
Course: M. Phil. (Commerce) Sem-I
Communication Skills (Practical – Classroom teaching)
Code: COM 144
Credit: 2 Time allotted : 30 Hours.
This course is aimed at developing and grooming the presentation skills of the students.
Every student will be required to prepare (MS PowerPoint as well as OHP) presentations
and present the same in front of the subject teacher in the class.
ELECTIVE GROUPS
Students will have to elect two papers of one of the following
groups
1. Accounting and Taxation group 2. Business Studies group 3. Financial Studies group
Department of Accounting & Taxation
Course: M.Phil. (Commerce) (Semester-I)
Elective Paper- I: Techniques of Financial Analysis (Elective paper of Accounting & Taxation Group)
Code: (COM- 145 A)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Objective- Preparing the students with the conceptual and detailed knowledge and
technique of financial analysis
Unit I
Financial Statement Analysis: Introduction:, Meaning and Objective, Types of
Financial Analysis: Devices used in Analyzing Financial Statements: Comparative
Financial Statements, Comparative Balance Sheet, Comparative Income Statement
12 Lecture Hours
Unit II
Financial Statement Analysis:
Trend Percentages: Computation of Trend Percentages: Evaluation
12 Lecture Hours
Unit III
Financial Statement Analysis: Ratio Analysis: Meaning and Rationale, Basis of Comparison, Types of Ratios,
Importance and Limitation of Ratio Analysis
12 Lecture Hours
Unit IV
Statement of Changes in Financial Position
Funds Flow Analysis Introduction: Concept of Funds: Concept of Flow: Funds Flow Statement, The Need:
Managerial Uses: Limitations: Construction of the Funds Flow Statement:
12 Lecture Hours
Unit V
Statement of Changes in Financial Position:
Cash Flow Analysis: Introduction: Concept of Cash, Actual and Notional, Construction
of Cash Flow Statement: Use of Cash flow Analysis
12 Lecture Hours
Essential Readings • Management Accounting-Khan and Jain(Tata Mc Graw Hill)
• Financial Management and Policy-Walker and Baugh(Harper and Row)
• Management Accounting: S. K Singh( Sun India Publications)
Reference book: • Management Accounting-H.Chakraborty and S. Chakraborty(Oxfor University Press)
• Management Accounting and Financial Analysis-Dr S.N Maheshwari(S.Chand& Sons)
• Management Accounting- N. Vinayakkam & IB Sinha (Himalaya Publishing House)
• Advance Management Accounting-R.S Kaplan& A.A Atkinson (Prenti
• Financial Management-I.M Pandey (Vikas Pub House New Delhi)
• Corporate Financial Management -Basant Raj(Tata Mc Graw Hill)
Department of Accounting & Taxation
Course: M.Phil. (Commerce) (Semester-I)
Elective Paper- 2: Management of Working Capital (Elective paper of Accounting & Taxation Group)
Code: (COM- 146 A)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Objective- Preparing the students with the conceptual and detailed knowledge and
technique of managing working capital
Unit I
Working Capital Management An overview, concepts of working capital and its determinants, Risk Return Trade Off,
Working capital Trends in India 12 Lecture Hours
Unit II
Inventory Management
Need and objective, Holding Inventory, Inventory Management Techniques, Selective
Inventory control, Financial Manager’s Role in Inventory Management, Inventory
Turnover
12 Lecture Hours
Unit III
Management of Cash & Marketable Securities Facts of cash management, Cash planning, Investment in Marketable Securities, Cash
Flow Analysis.
12 Lecture Hours
Unit IV
Management of Receivables
Goals of Credit Management, Optimum Credit Policy, Aspects of Credit Policy, Debt
Collection Period. 12 Lecture Hours
Unit V
Negotiable Short Term Finance with Banks and working capital gap, Public Deposits as a
source of financial working capital. 12 Lecture Hours
Essential Readings
• Financial Management-I.M Pandey (Vikas Pub House New Delhi)
• Corporate Financial Management -Basant Raj(Tata Mc Graw Hill)
• Management Accounting-Khan and Jain(Tata Mc Graw Hill)
Reference book: • Financial Management and Policy-Walker and Baugh(Harper and Row)
• Management Accounting: S. K Singh( Sun India Publications)
• Management Accounting-H.Chakraborty and S. Chakraborty (Oxford University Press)
• Management Accounting and Financial Analysis-Dr S.N Maheshwari (S.Chand& Sons)
• Management Accounting- N. Vinayakkam & IB Sinha (Himalaya Publishing House)
• Advance Management Accounting-R.S Kaplan& A.A Atkinson (Prentice Hall India New Delhi)
Department of Business Studies
Course: M.Phil. (Commerce) (Semester I)
Elective Paper- 1: Marketing Management (Elective paper of Business Studies Group)
Code: (COM 145 B)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit-I 8 Lecture hours
Introduction: Definition, Importance, Scope of Marketing, Evolution of Marketing
concepts (Production concept, Product concept, Selling concept, Marketing concept,
Holistic marketing concept), Selling Vs. Marketing
Marketing mix: Definition, 4 Ps of Marketing
Contemporary issues in Marketing: Green Marketing, Social marketing, E-marketing.
Unit-II 14 Lecture hours
Product
Product concept, classification, levels of product, New product development process.
Product differentiation, importance, basis of differentiation
Product life cycle, Stages, Marketing strategies for different stages of Product Life Cycle.
Product line concept, product line policies, Standardization Vs adaptation.
Unit-III 12 Lecture hours
Price
Pricing: Meaning, pricing objectives, Process of setting price of a new product, methods
of pricing (Markup pricing, Target return pricing, Perceived value pricing, Value pricing,
Going rate pricing, Auction type pricing, group pricing), Price adaptation (Geographical
pricing, Price discounts and allowances, Promotional pricing, Differentiated pricing)
Unit-IV 14 Lecture hours
Promotion:
Promotion mix: Meaning, components
Advertising-Definition, advertising decision areas (5M model)
Sales Promotion- Meaning, tools of dealers and consumer promotion
Direct Marketing-Meaning, tools
Personal Selling- Meaning, process
Public relations- Meaning, tools & techniques.
Comparison between Advertising, Sales Promotion, Direct Marketing, Personal Selling,
Public relations.
Unit-V 12 Lecture hours
Physical distribution: Meaning, importance, functions of channel partners, Distribution
channel levels, factors influencing choice of distribution channel, Channel design
decisions, Channel management decisions, Vertical Marketing Systems, Horizontal
Marketing systems, Multi-channel Marketing systems, types and causes of channel
conflicts.
Essential Reading:
1. Kotler, Philip and Keller, Kevin Lane, Marketing Management, Pearson Education
(Singapore) Pte. Ltd., Delhi, 12th
ed.
2. Varshney, R. L. and Gupta, S. L., Marketing Management: Text and Cases-An Indian
Perspective, Sultan Chand & Sons, New Delhi, 2005, 3rd
ed.
3. Ramaswamy, V.S. and Namakumari, S, Marketing Management: Planning
Implementation and Control, Delhi: Macmillan India Ltd., 3rd
ed.
4. Kothari, Rakesh; Mehta, Anil and Sharma, Ashok, Marketing Management¸ Ramesh
Book Depot, Jaipur
5. Panda, Tapan K., Marketing Management: Text and Cases Indian Context, Excel
Books Pvt. Ltd., New Delhi, 2nd
edition.
Reference books:
1. Saxena. Rajan, Marketing Management, Tata McGraw-Hill Publishing Co. Ltd., New
Delhi, 7th
ed.
2. Sherlekar, S., Marketing Management, Himalaya Publishing House, Mumbai, 2006,
13th
ed.
3. Gandhi, J. C., Marketing Management –An Introduction, Tata Mc-Graw Hill
Publishing Co. Ltd., New Delhi, 1995.
4. Stanton, William, J. Fundamentals of Marketing, New York, McGraw Hill, 1994
5. Kotler, Philip and Armstrong, Principles of Marketing, Prentice Hall of India, New
Delhi, 1997.
Department of Business Studies
Course: M.Phil. (Commerce) (Semester I)
Elective Paper- 2: Consumer Behaviour (Elective paper of Business Studies Group)
Code: (COM 146 B)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit-I 12 Lecture Hours
Introduction: Definition, Importance, Scope, Ethics in marketing, Concept of
relationship marketing, 7Os of consumer behaviour study.
Consumer research: Consumer research process, Research methods and tools.
Market segmentation: Definition, Importance, Bases of segmentation, Segmentation
strategies.
Consumer needs and motivation: Concept of Need, wants and demand, Motivation-
meaning, nature, motives, types of motivation, Motivation process
Unit-II 12 Lecture Hours
Personality: Definition, Theories of personality (Freudian theory, Neo-Freudian
personality theory, Trait theory)
Perception: Meaning, Exposure, Attention, Interpretation
Learning: Meaning, Behavioural learning theories, Cognitive learning theories,
developing brand loyalty and brand equity.
Unit-III 12 Lecture Hours
Reference Group: Meaning, types, applied aspect of reference group concept, Word of
mouth communication, Opinion leadership
Family: Concept, functions, roles of different members of family in buying, Family Life
Cycle.
Social class: Meaning, Social class categories, measurement parameters, mobility in
social class, applied aspect of study of social class.
Unit-IV 12 Lecture Hours
Culture: Meaning, characteristics, measurement, Subculture concept and categorization.
Individual decision making: Model of consumer buying decision, Levels of Consumer
decision making,
Unit-V 12 Lecture Hours
Applications of consumer behaviour study: Health care marketing, Political marketing,
Marketing of social causes, Environmental marketing.
Deceptive advertising, Consumer education, Advertising Standards Council of India
(ASCI) and its objectives.
Essential reading:
1. Schiffman, Leon G., and Kanuk, Leslie Lazar, Consumer behaviour, Prentice Hall of
India Private Limited, New Delhi
2. Solomon, Michael R., Consumer behavior: Buying, Having and Being, Delhi,
Pearson Education (Singapore) Pte. Ltd., Indian branch, 2003, 5th
ed.
Reference book:
1. Loudon, David L. and Bitta, Albert J. Della, Consumer behavior, New Delhi, Tata
McGraw-Hill Publishing Company Limited, 2002, Fourth ed.
2. Nair, Suja R., Consumer behaviour – Text Cases, Himalaya Publishing House,
Mumbai, 2006, 7th
ed.
3. Chunawalla, S. A., Commentary on Consumer Behaviour, Himalaya Publishing
House, Mumbai, 2005, 3rd
ed.
Department of Financial Studies
Course: M.Phil. (Commerce) (Semester I)
Elective Paper- 1: Management of Financial Institutions in India (Elective paper of Financial Studies Group)
Code: (COM 145 F)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit I 12 Lecture hours
Indian Financial Institutions- Meaning and Structure.
Banking System in India- Evolution, Development of Banking, Classification and
Nationalization of Banks in India.
Unit-II 12 Lecture hours
Reserve Bank of India- Management and Administration, Functions, Credit Control
measures, RRBs and NABARD.
Banking Regulation Act 1949
Unit-III 12 Lecture hours
Recent Trends in Indian Banking- ATM, Credit Cards, Phone Banking, Banknet,
Deposit Insurance Scheme, Debit cards.
E- Banking- Meaning, Significance, Features and Instruments
Unit-IV 12 Lecture hours
Financial Services- Introduction, Scope, Causes of Financial Innovations, New Financial
Services and challenges.
Unit-V 12 Lecture hours
Types of Financial Services- Leasing, Hire- Purchase, Mutual Funds.
Essential reading-
1. P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi
2. B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited
3. Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New
Delhi.
4. Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New
Delhi
Reference books:
1. Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi
2. Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay
3. Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions”
Himalaya Publishing House, New Delhi
4. Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi
5. Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.
6. Ghosh, D ., Banking Policy in India, Allied Publications, Delhi
Department of Financial Studies
Course: M.Phil. (Commerce) (Semester I)
Elective Paper- 2: Economic Policies & Performance in India (Elective paper of Financial Studies Group)
Code: (COM 146 F)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit-I 12 Lecture hours
Economic Environment- Meaning, Factors, Features. Basic Structure of Indian
Economy, India’s position in world economy.
Unit-II 12 Lecture hours
Economic Policy- Meaning, Objectives, Dimensions, India’s Agriculture policy,
Industrial policy, EXIM policy, Fiscal policy.
Unit-III
Economic Planning- Meaning, Importance, Objectives, Techniques, India’s Five Year
Plans (X and IX).
Unit-IV 12 Lecture hours
Public Sector in India- Role, Importance and its problem. Liberalization and
Privatization in Indian Economy.
Unit-V 12 Lecture hours
Foreign Trade of India- Volume, Composition, Direction and Export Promotion.
Indian Economic Problems- Poverty and Unemployment.
Essential Reading: 1. Sundaram & Dutt, “Indian Economy”, S Chand & Sons ,New Delhi
2. Gupta & swami, “Rural Development & Co-operation”, RBD publications, Jaipur-
New Delhi
Reference Books:
1. Desai Vasant, “Study of Rural Economics” Himalaya Publication, New Delhi
2. Agarwal. A.N, “Indian Economy”, New India International Ltd , Chennai
3. Swami &Gupta ,“Economic Environment in India” ,RBD,Jaipur
4. Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur
Course: M.Phil. (Commerce) (Semester II)
Compulsory Paper- 1: Research Methodology-II
Code: (COM 241)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit I Statistics- Meaning, Importance, Limitations, Classifications and Tabulation of data,
discrete and continous variables. Frequency Distributions and Cumulative frequency
distribution, Diagrammatic(one- dimensional and two- dimensional) and Graphical
presentation of data( Histogram, Frequency Polygon, Frequency curve and ogives)
Measure of Central Tendency- Mean, Median and Mode, their properties, merits and
demerits.
Measure of Dispersion- Range, Quartile Deviation, Mean Deviation and standard
deviation, coffecient of variation. Moments, Skewness and Kurtosis (their absolute and
relative measures)
Unit II 12 Lecture Hours
The formal and empirical concept of Probability. Idea of Binomial distribution, Poisson
Distribution. Properties of Normal Probability Curve and its applications.
Correlation Analysis- Definition and concept, types and measures of studying
correlation (Karl Pearson’s coefficient of correlation, its assumptions, properties, merits
and demerits, Spearman’s Rank correlation coefficient)
Regression Analysis- Definition, concept, uses and properties. Least Square Methods,
Regression Coefficients, Fitting of Regression lines.
Unit III 12 Lecture Hours
Sampling Distribution and Standard Error. Element of Testing a Statistical Hypothesis-
Formulation of the problem, Types of errors . Level of significance, large sample test for
proportions, single mean and difference in two means. Small sample test- Application of
Student’s t- test for small sample for single mean, difference in two means ( independent
and paired-t). Chi-square test for population variance.
Unit IV 12 Lecture Hours
Non-Parametric Test- Sign, Median, Run Test and Chi-Square Test ( as goodness of fit,
independence of attributes using 2x2 and rxc contingency tables).
Unit V Analysis of Variance- One-way and two-way classification
Design of Experiment- Basic ideas, Completely Randomised Design, Randomised Block
Design, Latin Square Design.
12 Lecture hours
Essential readings:
1. Simpson and Kafka: Basic Statistics, Oxford and IBH Publishers.
2. Goon, Gupta and Das: Fundamentals of Statistics Vol. I and II.
3. Snedecor and Cochran: Statistical Methods, Oxford and IBH Publishers.
4. Shukla,M.C. and Gulshan S.S.: Statistics Theory and Practice, Sultan Chand and
Company, New Delhi.
Reference books:
1. Gupta, S.P.: Statistical Methods, Sultan Chand and Company, New Delhi.
2. Gupta, S.C. and Kapoor V.K.: Fundamental of Mathematical Statistics, Sultan Chand
and Company, New Delhi
.
Course: M.Phil. (Commerce) (Semester II)
Thesis
Code: (COM 242)
Credit : 12 Time allotted : 240 Hours
M. M. : 100
Thesis will be sent to external expert for evaluation. There will be no
internal assessment in Thesis and viva voce.
Course: M.Phil. (Commerce) (Semester II)
Viva voce
Code: (COM 243)
Credit : 6 M. M. : 100
Viva voce will be conducted by a panel of experts comprising of one
external expert, Head of the corresponding department and thesis supervisor.
This panel will evaluate the student on the basis of thesis, presentation and
elementary knowledge of the option group papers opted by the students.
ELECTIVE GROUPS
Students will have to elect two papers of one of the following
groups:
1. Accounting and Taxation group 2. Business Studies group 3. Financial Studies group
Department of Accounting& Taxation
Course: M.Phil. (Commerce) Semester II
Elective Paper: Cost Management (Elective paper of Accounting & Taxation Group)
Code: (COM 244 A)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Objective- To give detailed knowledge and techniques, which are used to manage the
cost of various companies.
Unit I
Concept and Type of Cost:
Concept of cost, expenses and losses, Direct and Indirect Cost, Variable and Fixed Cost,
Controllable and Non Controllable Cost, Production Cost and Period Cost, Traceable and
Untraceable cost, Research Cost, Development Cost, Conversion Cost, Pre Production
Cost, Cost Reduction and Cost Control, Shut Down and Sunk Cost, Out of Pocket Cost,
Imputed or Hypothetical Cost, Avoidable and Unavoidable Cost, Relevant and Irrelevant
Cost
12 Lecture hours
Unit II
Personnel Cost Analysis:
Payment of Salaries, Compensation and Bonus to Employees and Managerial Personnel,
Compensation to Foreign technicians, Profit sharing plans to executives, Cost Analysis
for such areas as labour and executive turnover, Recruitment training and development,
Employee Welfare and Fringe Benefits, Overtime Cost Analysis for committee
management.
12 Lecture hours
Unit III
Budgetary Control System: Performance Report, Analysis of Budget variance, Revision of Budgets, Budget follow
up, Budget Audit, Neo-tric trends in Budgetary Control, Zero Base Budgeting,
Programme Budgeting,Performance Budgeting, Rolling System, Preparation of
Functional and Master Budget, Determination of Budget Allowance.
12 Lecture hours
Unit IV
Costing and Pricing Decisions: Terms relevant to pricing: Uniform pricing, Dual pricing, retention pricing, zonal price
system, Leader pricing, Differential pricing skimming pricing & shadow pricing, Pricing
Techniques, Transfer pricing comparative analysis. Economist’s and Accountant’s view
of transfer pricing, Methods of transfer pricing under intermediate imperfect market.
12 Lecture hours
Unit V
Differential Costing and Short Term Decision Making: Marginal Costing Concepts,
Construction of different types of B.E Charts. Price indifference point, Cost Indifference
Point. Decision involving (a) Sell or process further (b) Make or Buy (c) Retain or
Replace (d) Elimination of unprofitable segments (e) To shift down facilities (f) Changes
vs status quo (g) Adding a new product line (h) Decision making under limiting factor (i)
Acceptance of Offer
12 Lecture hours
Essential Readings
Costing: M.L Basu
Differential Cost and Management Decisions: Harrison
Managerial Cost Accounting and Analysis: Nickerson
Reference book:
Cost Accounting A Managerial Emphasis: Charles T Horngren
Cost Accounting for Management: Terill & Pattrick
Advanced Cost Accounting and Cost Control: Oswal, Maheshwari, Modi
Department of Business Studies
Course: M.Phil. (Commerce) Semester II
Elective Paper: Human Resource Management (Elective paper of Business Studies Group)
Code: (COM 244 B)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit-I 7 Lecture hours Human Resource Management: Concept, Functions of HRM, Importance, Objectives, Policies.
Difference between HRM and personnel management.
Human Resource Environment-Meaning, Importance, Types -Internal and external
Environment that effect HRM Programmes
Unit-II 13 Lecture hours Human resources Planning: Concept, Importance Process of human resource planning,
Quantitative and Qualitative aspect of human resource planning, Levels of HRP, Limitations of
HRP.
Job Analysis -Meaning, Benefits, Process, techniques
Job design-Meaning, approaches, methods of job design.
Recruitment: Concept, Importance, Objectives,
Sources of recruitment –internal and external recruitment. HR recruitment practices in India.
Unit-III 14 Lecture hours Selection-Meaning, Importance, Selection criteria ,Steps in selection process, Selection tools
Placement and Induction
Training & Development: Meaning, Importance, benefits, types, process, methods of executive
development, Evaluation, Training need assessment.
Career Planning : Concept, Process of career planning, career counseling, limitations
Performance Appraisal-Meaning, Objectives, Importance, Process of performance appraisal,
techniques of performance appraisal
Unit-IV 16 Lecture hours Conceptual knowledge of job changes-transfers, promotions and demotions.
Job Evaluation-Meaning, Objectives, Process of job evaluation, Scope and methods of Job
Evaluation
Compensation- Meaning, types of compensation-basic (essentials of a sound wage and salary
administration, methods of basic compensation), supplementary compensation.
Work Environment-Meaning, Nature, Importance and types, Fatigue, Monotony, Boredom
(brief knowledge only)
Discipline and Grievance-Meaning, Types, Causes, Hot-stove rule, Grievance redressal
procedure.
Morale-Meaning, importance, factors and impact of morale on productivity.
Unit-V 10 Lecture hours Emerging horizons in HRM.
HRM strategies for the new millennium-Human capital, mentoring, 360 degree appraisal
technique, TQM and Top-Quality Circles, Kaizen (a brief knowledge)
E –HRM recruitment techniques (e recruitment selection development training)
*Case studies related to entire topics are to be taught.
Books Recommended:
Essential Readings: 1. Aswathappa K “Human Resource and Personnel Management”. Tata Mc Graw Hill, New
Delhi.3rd
edition
2. Gupta C B , “ Human Resource Management”, Sultan Chand and Sons, New Delhi.
3. V S P Rao- “ Human Resource Management-Text and Cases”, Excel Publications, New
Delhi, 2nd
edition
Reference Books:
1. Bhatia S K & Singh Nirmal, “Principles and Techniques of Personnel Management and
Human Resource Management”, Deep & Deep Publications, New Delhi.
2. Garry Dessler “Human Resource Management” Prentice Hall of India, New Delhi.7th edition
Department of Financial Studies
Course: M.Phil. (Commerce) (Semester II)
Elective Paper-: International Finance (Elective paper of Financial Studies Group)
Code: (COM 244 F)
Total Number of Lectures Allocated: 90
Credit: 6 Time: 4 Lecture Hours/Week
2 Contact Hours/Week (for teacher interaction)
MM: 100
Unit-I 12 Lecture hours
International finance- Meaning, Scope, Importance, Methods of International Payment,
Sources of International Finance, Problems, Measures to solve problems.
Unit-II 12 Lecture hours
International Monetary System- Bretton Woods Coference & Post Bretton Wood
agreements and managed floating system.
Balance of Payment- Concept, Components, Equilibrium in BOP, Measures to correct
disequilibrium, Recent trends
Unit-III 12 Lecture hours
Foreign Exchange Market- Meaning, Determination of Exchange Rate, theories of
Exchange Rate- PPP theory, Balance of Payment theory. Types of Exchange Rate.
Unit-IV 12 Lecture hours
Exchange Control- Meaning, Features, Objectives, Methods, Merits & Demerits,
Exchange control in India and Foreign Exchange Reserves in India.
Unit-V 12 Lecture hours
Foreign Exchange Transactions- Introduction, Exchange Rate Quotations & Methods
of Quotations, Spot & Forward Exchange, Futures, Options and Arbitrage..
Essential Reading:
1. Avadhani,V.A, “International Finance, Theory and Practice”, Himalaya Publishing
Company, New Delhi.
2. S.K. Mathur, “International Trade and Finance”, Shivam Book House, Jaipur.
3. Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing
Company Limited, new Delhi
4. Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing
Company Limited, new Delhi
5. Buckley, Adrian, “Multinational Finance, Prentice Hall of India”, New Delhi.
6. Eitman, O.K. and A.I Stenehill, “ Multinational Business Cash Finance”, Addison
Weslay, Massachusetts
7. Henning, C.N., Piggot, W. and Scott, W.H, “International Financial Management”,
McGraw Hill, Int. Ed. New York.
8. Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.
9. Rodriqufe, R.M. and E.E Carter, “ International Financial Management”, Prentice
Hall of India, Delhi.
Reference Books:
1. Shaprio, A.C: Multinational Financial Management, Prentice Hall of India, New
Delhi...
2. Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.
3. Wood, D. and J Byrne: International Business Finance, Macmillan, New York.
4. Zeneff, D. and J Zwick, “International Financial Management”, Prentice Hall, Int. Ed.
New York.
5. Sodersten B, “International Economics”, Macmillan, London.
6. Dominick, “ International Economics”, Macmillan Publication Company, New York.
7. Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing
House, Mumbai
8. Seth M.L.,” Money, Bankong, international Trade and Public finance”, Lakshmi
Narain Agarwal Educational Publisher, Agra.
***