First Year B.Com.

1. 2. 3. 4. 5. 6. 7. Business Economics: Paper -I Environmental Studies Mathematics & Statistical Techniques Foundation Course : Paper I Business Communication Accounting & Financial Management Commerce : Paper - I

BUSINESS ECONOMICS : PAPER - I

SECTION I Model 1 - Demand Analysis Utility : Cardinal and Ordinal approaches - Indifference Curve Approach : Properties of Indifference Curves, Consumer's Equilibrium, Price effect, Derivation of demand curve from PCC - Consumer's Surplus Elasticity of demand, Income, Cross and Promotional-Case Studies - Demand Forecasting: meaning, significance and methods - Case Studies. Module 2 - Theory of Production Production function, Short Run and Long Run - Law of Variable Proportions - Iso-quant-Producer' Equilibrium-Returns to Scale-Economies of Scale-Economies of Scope-Case Studies. Module 3 - Cost Analysis A. Concepts : Scoial and Private costs, Economic and Accounting Costs, Fixed and Variable Costs Opportunity Cost. B. Behavior of Cost Curves : Short Run and Long Run. C. Learning Curve-Producer's Surplus - Case Studies. SECTION II Module 4 - Revenue Concepts Total Revenue - Average revenue and Marginal Revenue under Perfect Competition and MonopolyRelationship between Average Revenue, Marginal Revenue and Elasticity of Demand-Objectives of a Firm Profit, Sales and Growth Maximization - Break - Even Analysis - Case Studies. Module 5 - Markets Equilibrium under Perfect Competition and Monopoly in Long Run, Monopolistic Competition Features Oligopoly Features - Case Studies. Module 6 - Pricing Methods a) Marginal Cost, Full Cost, Discriminatory, Dumping, Multi-Product and Transfer Pricing b) Capital Budgeting - Meaning and Importance - Investment Criteria : Pay back Period Method, net Present Value Method and Internal Rate of Return Method - Case Studies List of books for reference : 1. Principles of Microeconomics - H. L. Ahuja, S. Chand Company Ltd. 2. A Course in Micro Economic Theory - David M. Kreps - Prentice Hall of India 7

3. 4. 5. 6. 7. 8.

Modern Micro Economics - A. Koutsoyranms - Mac Millian Press Ltd. Pridyck R. S. and D. L. Rulnfed. "Microeconomics" Prentice Hall of India Ltd. Barmol. William J. "Economic Theory and Operations Analysis" Prentice Hall of India Pvt. Ltd. New Delhi Advanced Economic Theory - H. L. Ahuja S. Chand Company Ltd. Latest Edition. Micro Economic Theory - M. L. Jhingan Mac Millian Press Ltd. Micro Economic Principles - Mankiw N. Gregory - Mac Millan Worth Publishers, New York.

ENVIROMENTAL STUDIES
FIRST TERM Unit - 1 - Nature of Environmental Studies : a) Definition, scope and importance of environmental studies, Interdisciplinary nature, Natural (Living Non-Living only) and Anthropogenic components of environment. b) Energy cycles - bio-geochemical cycles - water carbon and nitrogen - role and importance. c) Bio-diversity-meaning - bio-geo graphical classification of India. Unit - 2 - Natural Resources : a) Introduction, meaning, importance, classification of Nautral resources. b) Water Resources : Glabal distribution conflict over water, big dams-benefits and problems - National water policy of India - Methods of water conservation (case study). c) Forest Resources - Global distribution - Causes of degradation, Methods of conservation - Forest policy of India (case study). d) Energy Resources - Classification - Global distribution - Global pattern of energy consumption and its effect - Energy crisis - Alternative energy resources - Energy policy of India (case study). (NOTE : Any one policy be covered from b, c and d). Unit - 3 - Food and environment : a) Sources and production of food in India and World b) Pattern of food trade c) Food security and global pattern of poverty in India and World d) Agricultural policy of India Unit - 4 - Population and Environment : a) Man environment relationship - changing patterns b) Growth and world pattern of distribution of population c) Influence of man on environment - positive & negative effects d) Environment and human health e) Human development index of India and World, Population policy of India Map Work : a) Map filling - Environmentally significant features - Mumbai and World. SECOND TERM Unit - 5 - Secondary and Tertiary Sectors : a) Contemporary world pattern of manufacturing and services in developed and developing countries. b) Definition, Nature and concept of tourism, New tourism, tourism as an invisible trade. c) Impact of tourism : Economic - Socio-Cultural-Environmental. d) Tourism potential in Konkan region (case study). Unit - 6 - Disaster - Natural & Man-made : a) Concepts of Disaster, Hazard, Risk & vulnerability. 8

b) c) d)

natural hazard/ Disasters : Types, Causes, Patterns of distribution, Consequences & mitigation of Earthquake, Tsunami, Cyclone, Flood, Drought, landslide (any one in detail) (case study). Man-made disaster-Types, causes, patterns of distribution, Consequences and Mitigation for nuclear accidents wastes, Oil spill and leakage, Industrial. Disaster Management.

Unit - 7 - Global and Local Environmental issues : a) Environmental problems - Causes and Effects. b) Global issues - Depletion of Ozone layer, Green House effect and global climate changes, c) Regional issues - Acid rain, Desertification. d) Local issues - (pertaining to Mumbai and konkan), Power generation - Industry, Waste disposal, Forest, Transport, CRZ implementation, SEZ, Pollution - Water, Air, Noise, Land (any three). Unit - 8 - Environmental Management : a) Environmental management - concept & need. b) International and National efforts towards environmental protection - role of WTO. c) Environmental movements in India and world (case sutyd). d) Environmental audit, ISO 14000, ISO 16000, Environmental Impact Assessment. e) Role of technology in environmental management (GIS, GPS, Remote sensing as tools). f) Environmental education, Environmental legislations. g) Carbon bank and Carbon Credit (case study). Map Work : Map filling Map reading -

Environmentally significant features in Konkan. Bar Diagram, Choropleth, Isopleth, Dot map, Flow map, Located Circles, Pie diagram, Pictogram.

List of books for reference : 1. Environmental Science - William P. Cunniugham - Barbara Woodworth Saigo W. B. C. Publishers. 2. Environmental Science The Way The Warld Works - Bernard J. Nebel & Richard T. Wright - Prentice Hall 3. Environmental Science System & Solution Michaell LL. Mc Kinney Robart M. Schoch - Jones & Bartlett Publication. 4. Introduction To Environmental Science - Turk J. Sundees College Pub. Company. Philadelphia. 5. Ecology and Development in the Third World Countries - Routeledge - London. 6. Environmental Policy in India : S. Singh C.S.E. New Delhi. 7. The fight For Survival C.S.E. New Delhi.

MATHEMATICAL AND STATISTICAL TECHNIQUES

First Term Mathematics (20 marks) Unit I : Commission, Brokerage, Discount and partnership. Commission and Brokerage : Simple examples on calculation of Commission and Brokerage. Discounts : Trade Discount, Cash Discount, Profit and Loss. Sharing of profits in partnership. Problems involving mixture of discounts, commission and profit are expected . Unit II: Shares and Mutual funds : Concept of share, face value, market value, dividend, equity shares, preferential shares, Bonus Shares. Simple examples Mutual funds, simple problems on calculations of net income after considering entry load, dividend, change in Net Asset Value (NAV) and exit load. Averaging of price under the Systematic Investment Plan (SIP). 9

Linear Programming problems: Sketching of graphs i) Linear Equations Ax + By +C = 0 ii) Linear inequalities : Mathematical formulations of Linear Programming problems upto 3 variables. Solution of Linear programming problems by graphical method upto 2 variables. Statistics (30 marks) Unit III : Introduction : Meaning, Scope and Limitations of Statistics. Basic Statistical Concepts : Population, Sample, Variable, attribute, parameter, statistics Collection of Data : Primary and Secondary, Sample and Census, Survey (Concept only), Tabulation of data upto 3 characteristics (Simple examples) Diagrams and graphs : Given a diagram, interpretation of it. Simple bar diagram, Multiple bar diagram, Percentage bar diagram, Pie Diagram (Construction of diagram not to be asked) Drawing of frequency curve, frequency polygon, Histograms (Class - intervals of equal lengths only) and ogives. Unit IV : Measures of Central Tendency : Arithmetic mean, Weighted mean, Median, Mode without grouping, Quartiles. (Examples on one missing frequency to be done only in case of Arithmetic Mean, Weighted mean and Mode). Measures of Dispersion : Range, Quartile deviation, Mean deviation from mean, Standard deviation and their coefficients. (Concepts of shift of origin and change of scale are not to be done).

Unit V :

Elementary Probability Theory Concept of Random experimental/trial and possible outcomes; Sample Space and Discrete Sample Space; Events and their types, Algebra of Events, Mutually Exclusive and Exhaustive Events; working knowledge of notations nCr, and nPr. Classical definition of probability, Addition theorem (without proof) Independence of Events : P(A B) = P(A) P(B). Simple examples : Random Variable : Probability distribution of a discrete random variable; Exception and Variance; Simple examples on probability distributions; Concept of Normal distribution and Standard Normal Variate (SNV), simple examples. Second Term

Mathematics (20 marks) Unit VI : Functions, Derivatives and their applications Concept of real functions : Constant Functions, linear Function, xn, ex, ax, log x. Demand, Supply, Total Revenue, Average Revenue, Total Cost, Average Cost and Profit function, Equilibrium Point, Break-even Point. Derivative as rate measure Derivatives of functions : Constant Function, xn, ex, ax, log x. Rules of derivatives : Scalar multiplication, sum, difference, product, quotient, simple problems. Second Order derivatives Applications : Marginal Cost, Marginal Revenue, Elasticity of Demand, Maxima and Minima for functions in Economics and Commerce. Unit VII Interest and Annuity Simple Interest and Compound Interest Interest Compound more than once a year. Calculations involving upto 4 time periods. Equated Monthly Installments (EMI) using reducing and flat interest system. Present value, Future Value. Annuity immediate and due : Simple problems with with n 4. 10

Statistics (30 marks) Unit VIII : Bivariate Linear Correlation : Scatter Diagram, Computation of Karl Pearson's Coefficient of Correlation (Case of Bivariate Frequency Table to be excluded), Computation of Spearman's Rank Correlation (Case of repeated ranks upto 2 repitition Only) Bivariate Linear Regression : Finding Regression lines by method of least squares. Properties of Regression Coefficientsi) Unit IX :

ii)

(x, y) is point of intersection of two regression lines.

Time Series : Concept and Components of a time series, Estimation of Trend using Moving Average Method and Least Squares Method (Only Linear Trend) Estimation of Seasonal Component using Simple Arithmetic Mean (For Trend Free data only) Concept of Forecasting using Least Squares Method. Index Numbers : Concept and uses. Simple and Composite Index no. (unweighted, weighted), Laspeyre's Price Index No., Paasche's Price Index No., Fisher's Price, Index No., Cost of Living Index No., Real Income, Simple Examples. Concept Wholesale Price Index No. (Examples on missing values should not be done) Decision Theory Decision Making situation, Decision maker, Course of Action, States of Nature, Pay-off and Pay-off Matrix, Decision Making under Uncertainty, Maximin, Maximax and Laplace criteria; simple examples to find optimum decision. Decision making under Risk, Expected Monetary Value (EMV), Decision Tree; simple examples based on EMV.

Unit X :

List of books for reference : 1. Mathematics for Economics and Finance : Methods and Modelling, martin Anthony and Norman Biggs, Cambridge University Press, Cambridge low-prices edition 2000, Chapters 1, 2, 4, 6 to 9 & 10 2. Applied Calculus, Stefan Waner and Steven R. Constenoble, Brooks/Cole Thomson Learning Second Edition, Chapter 1 to 5. 3. Business Mathematics, D. C. Sancheti and V. K. Kapoor, Sultan Chand & Sons, 2006, Chapter 1, 5, 7, 9, 10 4. Mathematics for Business and Economics, J. D. Gupta, P. K. Gupta and Man Mohan, Tata McGraw Hill Publishing Co. Ltd. 1987, Chapters 9 to 11 & 16. 5. Quantitative Methods - Part I, S. Saha and S. Mukerji, New Central Book Agency, 1996, Chapters 7 & 12 6. Mathematical Basic of Life Insurance, S. P. Dixit, C. S. Modi and R. V. Joshi, Insurance Institute of India, Chapter 2 : Units 2.6, 2.9, 2.20 and 2.21 7. Securities Laws and Regulation of Financial Market : Intermediate Course Paper & Institute of Company Secretaries of India, Chapter 11 8. Investments by J. C. Francis and R. W. Taylor, Shaum's Outlines, Tata McGraw-Hill Edition, 2000,Chapters 2, 4 and section 25.1 9. Indian Mutual Funds Handbook, Sundar Shankaran, Vision Books, 2006, Sections 1.7, 1.8.1, 6.5 & Annexures 1.1 and 1.3 10. Statistics by Schaum Series 11. Operations Research by Gupta & Kapoor 12. Operations Research by Schaum Series

11

FOUNDATION COURSE : PAPER - I

Social Awareness and Personality Development SECTION - I
A. Indian Society and Contemporary issues: An Overview 1. Analysis of Indian Society: Indian Society as pluralistic: Multi-lingual, multi-ethnic, multi-religious and multi-cultural society; regional differences; rural, urban, tribal dimensions. 2. Concept of Diversity and Disparity and related Social Issues: a. Understand diversity as difference and disparity as inequality; Inter-group conflicts: Communalism, Casteism, linguistic differences, regionalism b. Patriarchy and gender disparity: declining sex ratio, violence against women, women and mass media c. Disparities arising due to disability: issues of the physically and mentally challenged, services available 3. Unifying factors in Indian Society: a. The Indian Constitution - Basic features, strengths and fundamental duties of the Indian Citizen b. Promotion of National Integration and tolerance as crucial to maintain the pluralistic and social fabric of Indian Society - Role of youth in promoting communal harmony Growing Social Problems and Role of NGOs a. Substance abuse - tobacco, alcohol, drugs - impact on youth and challenges for the future b. HIV/AIDS- awareness and redressal c. Problems of the elderly - causes, implications and response d. Problem of child labour - magnitude, causes, effects and response Globalisation and Indian Society: Emerging Issues 1. Concepts of Liberalisation, Privatisation and Globalisation; role of MNCs 2. Economic and Socio-cultural impact of globalization a. Impact or employment: Privatisation and labour in organised and unorganized sectors; emerging issues of employment: outsourcing, growth of contractual labour, migration. b. Impact on culture: growth of consumerism and market orientation; changing values and lifestyles. Positive and negative impact on culture due to media explosion c. Impact of globalisation on agriculture: changing land use; agrarian crisis d. Impact on urbanization and effects on health, housing and Sanitation SELF AND SOCIETY 1. Role of Heredity and Environment in individual Development a. Nature and nurture; agents of socialization; role of ethics, values and prejudices in the development of the individual b. Maslows Theory of Self-Actualisation 2. Management of conflicts and stress in individual and public domain a. Conflict and stress management and the use of coping mechanisms b. Aggression and violence as public displays of conflict and stress and efforts towards communal harmony and peace 3. Career planning a. Realistic goal setting b. Time management c. Significance of Aptitude tests d. IQ and EQ 12

B.

C.

D.

SECTION - II
Project: The student must be encouraged to take up project/ assignment on current issues related to the topics in Section I. The assignment may be done individually or in a group of not more than eight students. The presentation of the assignment may be in the form of Written assignments; Power point presentation: exhibition aided with charts, posters and collages; skits and dramatic presentations; documentation files using case narratives etc. the mode and methodology of presentation or combination thereof may be left to the concerned college. The project participation is compulsory for all students and be assessed on the basis of content, presentation and viva-voce for 20 marks, at the end of the academic year. List of books for reference : 1. Communal violence and Minorities (Ed) Lancy Lobo/ Biswaroop Das, Rawat Publications, 2006 2. Tribals and the Indian Constitution by N.K Barua/ Nilakantha Panighra, Rawat Publications, 2006 3. The Sociology of Culture by -Boris Erasov, Yogendra Singh, Rawat Publications, 2006. 4. Social Problems and Welfare in India by Jogan Shankar ( Ed) 1992 5. Communal Riots in India by Asghar Ali Engineer 6. India, Globalisation and Change by Pamela Schrumer Smith. Portsmouth University (Indian Ed. ) 7. Globalisation, culture &Women's Development Edited by Raj Mohini . Rawat Publications 8. Sociology of the Environment by Pawar/ Patil. Rawat Publications, 1998 9. Everybody Loves a Good Drought by P. Sainath. Published by Penguin, 1996 10. Labour and Gender: Survival in Urban India by U. Kalpagam, Sags Publications 1994 11. Economic Transition with a Human. Face. Edited by Thakur Venkataratnam. FAS Publications.

BUSINESS COMMUNICATION
1st Term
Component A : Communication Theory: Topic I The Concept of Communication Definitions. The Process and the Importance of feedback How to achieve effective communication. Importance of communication in business. Topic II Objectives of Communication: Information, Orders and Instructions, Education and Training, Motivation and Raising of Morale. Suggestion, Counseling, Advice (To be related to Public Relations.) Persuasion (To be related to sales and collection letters.) Warning (To be related to collection letters.) . Methods of Communication: a) Verbal Communication - Oral & Written: Definition; Types; Advantages; Disadvantages; How to make Oral/Written communication effective. b) Non-verbal Communication - Definition & Importance Non-verbal communication media: Body Language - Posture, gestures, expressions, dress & grooming, space and proxemics. Communication through signs & symbols-signs, colours, posters, charts,maps & graphs. Media and Modes : Importance, advantages and disadvantages of these modes. Landline, wireless and cellular phones. Facsimile Transmission (Fax) Computers Multimedia, Internet, E-mail. Satellite Teleconferencing, Videoconferencing. 13

Topic III

Topic IV

Topic V

Channels of Communication : Formal Channels Vertical (And Upward), Horizontal, Consensus. Informal Channel Grapevine. Barriers to Communication and how to overcome them : Physical Barriers, Language Barriers, Socio-psychological Barriers, Cross-Cultural Barriers Listening skills and the Use of Silence in Communication

Topic VI

Topic VII

Component B: Written Communication : Topic VIII Written Communication : Theory, Parts of a Letter, Forms of Layout, Essentials of effective Letter-writing. Letters : Personnel Letters: Job application and Bio-data (Resume/C.V.), Goodwill Letters.

Topic IX

Component C: Writing Skills 1. Commercial terms used in Business Communication 2. Paragraph Writing

2nd Term
Component A : Communication Theory Topic X Group Communication: Meeting Definition; Types; Purpose. Preparation and conduct of a meeting Drafting of Notice, Agenda & Resolutions of Joint Stock Companies (First Board Meeting, Board Meeting Prior to the AGM and the AGM). Committees Definition; Types; Purpose. Conferences Definition; Purpose; Preparation and Conduct of a conference. Topic XI Interviews : Purpose and types, Techniques of conducting interviews. Role of the interviewer and the interviewee Public Relations: Need and Importance., Internal Public Relations, Suggestion schemes, Advice, Counseling, Publications: House Organs, Bulletins, etc. External Public Relations: Image Building: Open house, Exhibitions, Fairs, Shows, Conferences. Seminars, Visits, etc. Use of Mass Medias Press Releases, Newsletters, Press Handouts.

Topic XII

Component B: Written Communication Topic XIII Trade Letters : Inquiries, Replies to Inquiries, Status Inquiries and Credit Letters, Complaints, Claims and Adjustments, Collection Series. Sales Letters. Theory of Consumer Guidance Cell (should be taught for use in letters but no direct question should be asked.) Redressal Letters : Consumer Grievances redressal Letters.

Topic XIV Topic XV

Component C : Writing Skills 14

1. 2.

Report Writing: Parts of a Report, Individual Reports, Committee Reports. Summarization: Ability to identify main points and supporting points and to present thesis in a cohesive manner. 1st Term

1) 3)

Reading Skills Skimming, Scanning, etc. 2) Speeches 4) 2nd Term

Dialogues Summrisation

1) 3) 5)

Mock interviews 2) Group Discussions Presentations 4) SWOT Analysis Paragraph Writing Developing an idea, using appropriate linking devices.

Tutorial Testing Each Term-End Examination will be of 40 marks Tutorials will be of 20 marks Tutorials will be tested term-wise, allocating 10 marks per term. A student will have to secure a minimum of 7 marks out of 20 in tutorials. A student failing to submit in the I term will be allowed to take the First-Term End examination. A student failing to secure the required minimum 7 marks out of 20 in the tutorials will not be allowed to appear for the II term-end examination. Passing Criteria : Theory Examination : 80 marks and Tutorial Testing 20 marks Theory & Tutorials are separate heads of passing. Minimum Pass Marks Theory : 28 out of 80 Tutorial : 7 out of 20 Total 35 out of 100. Due to implementation of credit system from next year, the marking scheme which was 40 mrks (written exam) and 10 mks (tutorial test) per term will change. List of books for reference : 1. Aggarwal, Anju D. (1989) A Practical Handbook for Consumers. IBH. 2. Allen, R.K (1977) Organisational Management through Communication. 3. Ashley A (1992) A Handbook of Commercial Correspondence. Oxford University Press. 4. Aswalthappa, K (1991) Organisational Behaviour, Himalaya Publications, Mumbai. 5. Athreya N and Guha (1994) Effective Credit Management, MMC School of Management, Mumbai. 6. Bahl, J.C and Nagamia, S.M. (1974) Modern Business Correspondence and Minute Writing. 7. Balan, K.R. and Rayudu, C.S. (1996) Effective Communication, Beacon New Delhi. 8. Barker, Alan (1993) Making Meetings Work. Sterling Publications Pvt.Ltd., New Delhi. 9. Basu C.R (1998) Business Organisation and Management. T.M.H New Delhi. 10. Bangh, L. Sue; Fryar, Maridell and Thomas, David A. (1998) How to Write First Class Business Correspondence. N.T.C Publishing Group USA. 11. Benjamin, James (1993) Business and Professional Communication Concepts and Practices. Harper Collins College Publishers, New Work. 12. Bhargava & Bhargava (1971) Company Notices Meetings and Regulations. Taxman Publication. 13. Black. Sam (1972) Practical Public Relations, E.L.B.S.London. 14. Bovee Courtland. L and Thill, John V (1989) Business Communication Today, McGraw Hill, New York. 15. Burton, G and Thakur, M (1995) Management TodayPrinciples and Practices. T.M.H. New Delhi. 16. Ghanekar A (1996) Communication Skills for Effective Management, Everest Pub. House Pune. 17. Frailey L. E. (1982) Handbook of Business Letters. Revised Edition, Prentice Hall Inc. 18. Iyer, Venkata (1988), Writing Business Reports, Sterling Publishers, New Delhi 15

ACCOUNTANCY AND FINANCIAL MANAGEMENT : PAPER - I

FIRST TERM I. Accounting Standards Issued by I.C.A.I. 1) 2) 3) 4) 5) 1) AS I : Disclosure of Accounting Policies AS 2: Valuation of Stock AS 6 : Depreciation Accounting AS 9 : Revenue Recognition AS 10 : Accounting for Fixed Assets II. 1) e) Self constructed Fixed Assets f) Non-monetary Consideration. g) Improvements, Repairs, Additions and Extensions. h) Revaluation. i) Sale or Retirement. j) Valuation of Fixed Assets in Special Cases. k) Special types of Fixed Assets. l) Disclosure. Capital, Revenue and Deferred Revenue Expenditure and Receipts Expenditure, Importance and Tests a) Capital b) Revenue c) Distinction between Capital Expenditure and Revenue Expenditure. d) Deferred Revenue. e) Unusual Expenses. f) Effect of Error g) Criteria Tests Receipts a) Capital b) Revenue c) Distinction between Capital Receipt and Revenue Receipt. Profits or Loss a) Revenue. b) Capital Depreciation 1) Practical problem based on accounting treatment by Provision for Depreciation using SLM and RBM 2) Presentation of Fixed Assess in the Final Accounts of a sole trader Final Accounts of a sole Proprietor trader Introduction Adjusting and closing Entries a) Outstanding expenses and Incomes received in advance. b) Prepaid expenses and Incomes received in advance. c) Depreciation d) Bad debts. Provision for Bad and Doubtful Debts. Reserve for discount on debtors/ creditors. e) Goods or material or cash withdrawn by proprietor.

2)

3)

4)

5)

AS 1: Disclosure of Accounting Policies a) Meaning of accounting policies. b) Purpose c) Different Policies d) Areas of Policies e) Disclosure of Policies f) Disclosure of change in policies g) Simple Illustrations AS 2: Valuation of inventories stock a) Meaning. definition b) applicability c) Measurement of Inventory d) Disclosure in Final Account e) Explanation with simple Illustrations AS 6: Depreciation Accounting a) Meaning b) Definitions. c) Importance d) Factors e) Useful life of a depreciable asset. f) Estimating Useful Life. g) Additions h) Residual Value i) Methods j) Disclosure of Surplus k) Change in Method l) Simple Illustrations AS 9: Revenue Recognition a) Meaning and Scope b) Transactions excluded c) Sale of Goods d) Rendering of services e) Effect of Uncertainties f) Disclosure g) Simple Illustrations AS 10: Accounting for Fixed Assets a) Meaning b) Definitions c) Importance d) Cost of Fixed Assets 16

2)

3)

III.

IV. 1) 2)

f) Sales or Purchase include Fixed Assets and Investments. g) Goods or materials lost by fire, theft etc Goods sent on sales or return basis. h) Rectification of Errors. 3) Preparation of final accounts in Horizontal Format. a) Manufacturing Account b) Trading Account c) Profit and Loss Account d) Balance Sheet Final Accounts of Non-Profit making Organisation Meaning Accounts of Non Profit Making Organisation Various books of Account and other registers to be maintained a) Cash Hook b) General Ledger c) Journal Book d) Membership Register e) Donation Register f) 1ropertv Register g) Other Register

V. 1) 2) 3)

Treatment of some special items a) Subscriptions. b) Life Membership Fees. c) Legacies. d) Entrance Fees. e) Donations. f) Government Grants. g) Special Funds. h) Sale of Old New Papers. i) Specific Collections & Expenses. j) Sale of old Sports Materials. k) Purchase of Sports Materials. 1) Sale of fixed Assets and Investments. m) Purchase of Sale of fixed Assets and Investments. n) Payment of Honorarium o) Calculation of Income. p) Calculation of Expenses. q) Calculation of stationery used. r) Proceeds of concerts and lectures. 5) Preparation of Income and Expenditure a/c and Balance Sheet from the Receipts and Payments a/c and opening balance Sheets Preparation of Receipt and Payments a/c from the Income and Expenditure and Balance Sheet SECOND TERM VI. Stock Vaiuation a) Methods of stock valuation as per AS-2 b) Problems on stock valuation on FIFO and Weighted average Method c) Problems on Reconciliation of physical stock and stock as per stock register. 17

6)

VII. Preparation of Ledger Accounts and a Trial Balance from the given Opening Balance Sheet. Journal and Subsidiary Books, Preparation of a Trial Balance (Not Exceeding Eight Transactions) Preparation of Subsidiary books, journal books and ledger from the given transactions and or opening balance sheet of the Proprietory trading concern and drawing a trail balance from the ledger. VIII. Departmental Accounts 1) Meaning 2) Basis of allocation of expenses and incomes / Receipts 3) Inter Departmental Transfer a) At cost Price. b) At Invoice Price. 4) Stock Reserve 5) Problems based on Departmental Trading and Profit and Loss account and IX. 1. 2.

balance sheet

3.

Single entry System Double entry system Incomplete Records a) Introduction b) Features c) Limitations Problems based on conversion single entry into double entry. (For Proprietary trading concern only.) Accounting in computerised environment a) An overview of computerised environment. b) Features of computerised accounting system. c) Concept of grouping of accounts. d) Codification of accounts. e) Maintaining the hierarchy and ledgers. f) Accounting Packages and consideration of them in selection.

COMMERCE PAPER - I
BUSINESS DEVELOPMENT SECTION - I
1. 2. Role and Importance of Business : Business Environment. Components / elements - Interdependence of Business and its Environment - Economic Environment - Political Environment - Technological - International Environment with respect to OPEC, WTO, European Union, NAFTA, ASEAN, SAARC, Environmental Scanning and its Importance. Business Objectives : -Types - Formulation - Reconciliation of Economic and Social Objectives. Setting up of Business Unit : Steps / procedure - project and feasibility studies. - Entrepreneurship - Government Incentives and Assistances to entrepreneurs - Entrepreneurship Development / Training Centers - Challenges before Indian Entrepreneurs. 18

3.

4.

5.

Restructuring and Growth Strategies : Internal Growth Strategies : Intensification - Diversification. External Growth Strategies. Foreign Collaborations - Mergers - Takeovers. Corporate Restructuring Strategies, Turnaround Strategy. Case/Case Studied relating to the above topics. SECTION - II

6.

Banking : Banking System in India - Banker-Customer Relationship - Changing role of banks - Non Banking Activities - Concept of Development Banking, Universal Banking, Merchant Banking - Priority Sector Lending. RBI Guidelines and Schemes Ombudsman-Banking Through Technology - FDI in banking sector in India, Banking, as a Career. General Insurance : Types, Principles and Terms in Insurance in Brief - Settlement of Claims - Procedure - Claim Tribunals - Ombudsman-IRDA 1999 FDI in Insurane sector-Performance and Prospects in India - Career options in insurance sector. Transport and Communication : Recent developments in aviation, roadways, railways, and shipping transport - Career options in transport sector. Telecommunications Recent Developments in E-Communication - Performance and Prospects in India - Career Options Tourism and Hospitality Industry : Measures to promote the industry - Performance and Prospects - Career options. Retail Management : Trends in retailing - Organised V/s. Unorganised Retailing - Factors responsible for Growth of Organised Retailing in India - FDI in Retailing - Survival Strategies for Unorganised Retailers in India - Ethics in Retailing - Careers in Retailing. Business Process Outsourcing : BPO, KPO future prospects, career options - Case Studies. Case/case studies relating to above topics.

7.

8.

9.

10.

11.

List of books for reference : 1. Retailing Management, Text and Cases : Savapna Pradhan, 2ND ed. 2007 The MC Grawhill Campanies. 2. Retail Management - Functional Principles and Practices - 2nd Edition. Gibson G. Vedamani, Junco Publishing House. 3. Banking Law and Practice, P.N. Varsiney, Sultan Chand and Sons. 4. Economic Environment of Business, Biswanath Ghosh, Vikas Publishing House. 5. Tourism and Hotel Management, A.K. Zulfikar, Vikas Publishing House. 6. Dynamics of Entrepreneurial Development and Management, Vasant Desai. 7. Business Environment: Text and Cases, Francis Cherunilam, Himalaya Publishing House. 8. Business Organisation and Management, Y.K. Bhushan, Sultan Chand and Sons. 9. Business Policy : Strategic Management, L.M. Prasad, Sultan Chand and Sons. 10. Economic Survey 2007, 2008.

19

Second Year B.Com.

COMPULSORY SUBJECTS 1. Foundation Course : Paper II 2. Business Economics : Paper II 3. Commerce Paper II : Management and Finance 4. Accountancy & Financial Management : Paper II 5. Business Law 6. Applied COMPONENTS (Select any one of the following ) a. Advertising b. Computer Programming c. Co-operation d. Travel & Tourism

FOUNDATION COURSE : PAPER - II

HUMAN RIGHTS SECTION I
1. Meaning, development and evolution of human rights. Important Land marks the American Declaration of Independence and the Bill of Rights. The French Declaration of the Rights of Man, the Universal Declaration of Human Rights. Human Rights and its Constituents Political, Civil, Economic and Social Rights. Human Rights Practice in the International Context, The International Covenant on Civil and Political Rights. Convention on the Elimination of All forms of Discrimination Against women. United Nations Declaration on Children Right to Development. Enforceability of Human Rights. International Court of Justice. United Nations High Commission on Human Rights. Rights and duties in the social and political context with special reference to Fundamental Duties incorporated in the Indian Constitution.

2. 3.

4. 5.

SECTION II
6. 7. Fundamental Rights and Directive Principles of State Policy. (a) Civil Liberties in India and special reference to Freedom of Speech and Expression (including Free Press). (b) Repressive Laws such as National Security Act, Armed Forces Special Powers Act. Rights of disadvantaged groups including women, children, scheduled castes & minorities. Nature and functioning of the National Human Rights Commission of India. (a) The role of Non-Governmental Organisations (such as Peoples Union for Civil Liberties) and Movements (such as Chipko, Narmada Bachao Andolan) in protecting Human Rights. (b) Citizens efforts at securing human rights, relevant instances in the present context.

8. 9. 10.

List of Books for Reference : 1. Aggarwal H.D., Implementation of Human Rights Contents with Special reference to India, New Delhi, D.K. Publishers, 1997 2. Chitins V Madan, C.M. and Hirani, M H. (Eds.) Human Rights, and the Law National and Global Perspective, Mumbai, Snow White, 1997 20

3. 4. 5. 6. 7. 8. 9. 10. 11.

Dev, Arjun, Dev, Indiara Arjun and Das Gupta (Ed.) Human Rights, A Source Book. New Delhi National Council of Educational Research and Training 1996 Diwan, Paras, Human Rights and the Law, Universal and Indian, Deep and Deep Publications, 1994 Haragopal G., Political Economy of Human Rights, Emerging Dimensions, Himalaya Publishing . National Human Rights Commission, Annual Reports, New Delhi. Poonacha, Veena, Gender within the Human Rights Discourse. Research Centre for Women Studies, S.N.D.T. University, Mumbai 1995. Raman, Kannamma S., Universality of Human Rights Discourse, An Overview, Mumbai, Department of Civics and Politics. University of Mumbai, 1998. Saksena K.P., Teaching Human Rights, A Manual for Adult Education. New Delhi, Institute for World Conference for Human Rights, 1995. Saksena K.P. Human Rights, A Perspective and Challenges. New Delhi, Institute to World Conference for Human rights, 1995. Sen, Sankar, Human Rights in a Developing Society, A.P.H. Publishing, New Delhi, 1998.

BUSINESS ECONOMICS - PAPER II

SECTION I
1. Introduction to Macro Economics : Circular Flow of Income : Closed (to and three sector models) and Open Economy Models Trade Cycles : Features and Phases - Changing Sectoral Composition of India's National Income. Economy in the Short-Run Meaning of Aggregate Demand and Equilibrium National Income (Y=E), Concept of MultiplierSupply of Money : Constituents, Determinants, Velocity of Circulation of Money; RBI's Approach to Money Supply-Demand for Money, Liquidity Preference Approach. IS-LM Framework Issues in Inflation, Employment and Unemployment : Demand Pull and Cost push Inflation, Causes and Effects of Inflation, Measures to control inflation in India. Impact of globalization on employment in India, Nature of unemployment in India, Employment Policy since 1991.

2.

3.

SECTION - II
4. Economic Transition in India A. Agriculture : Importance of agriculture in Indian economy, Recent issues and Policies in Indian agriculture - Impact of WTO on Indian Agriculture. B. Industry : Structural changes and Composition of Industry since 1991 - Small Scale Industries: Role, Problems and Policies since 2000 - Disinvestment : Policies and issues - SEZ: Concept, Role and Impact. Economy in the long-run : Sources of Growth - Concept and Importance of Knowledge Economy : Knowledge - Based Exports from India. Inclusive Growth : Meaning and Importance, Overview of Millennium Development Goas - Government Policy to Promote Human Development in India with reference to Education, Health and Family Welfare National Population Policy 2000. 21

5.

6.

List of Books for Reference : 1. Datt R. & K.P.M. Sundaram, Indian Economy, S. Chand & Co. 2. Dornbusch R. & S. Fischer, Economics, Tata McGraw Hill. 3. Dornbusch R. & S Fischer, Macroeconomics, Tata McGraw Hill. 4. Economic & Political Weekly : Various Issues. 5. Mishra S.K. & V.K. Puri, Macroeconomics, Himalaya Publishing House. 6. Nagesh Kumar & K.J. Joseph (ed). International Competitiveness and Knowledge - based Industries in India, Oxford University Press, 2007. 7. Prasad C.S., Mathur V. & Chaterjee A, 60 Years of Indian Economy 1947-2007 Vol. I & II, New Century Publications, New Delhi. 8. World Bank, Building Knowledge Economics : Advanced Strategies for Development, 2007. 9. World Development Report : Various Issues.

COMMERCE : PAPER II
Management and Finance Section I
1) Management: Definition Importance Characteristics Principles functions levels of management. Planning: Definition, Process, Components, advantages and constrains, essentials of a good plan. Organizing: Process, Formal & Informal Organization, Organization structure, Line Organization, Line & Staff Organization, Span of Control, Factors, Graicunas Theory, Departmentalization, Meaning, Bases of Departmentalization, Delegation, Process, Barriers to Delegation, Delegation v/s Decentralization, Matrix Organization. Production Management: Scope, Functions, Production Planning & Control, Objectives & Steps, Factors for location of production unit quality control Inspection, SQC, Concepts of Productivity and Efficiency, Total Quality Management, Quality Circle, Quality Assurance, ISO 9001, Production Systems, Intermittent, Continuous, Flexible Manufacturing System, selection of suitable production system. Inventory Management: Objectives, Functions, Systems, Periodical & Perpetual control system, Technique of Inventory Control. Case Study / Recent Trends in the above Topics.

2) 3)

4)

5)

6)

Section II 1. Corporate Finance: Objectives, Financial Management, Functions, concept of Shareholders Wealth Maximization, Risk and Return. Capital Structure: Components, Policies, Factors affecting Capital Structure, Concept of Trading on Equity. Indian Finance System: Primary Markets, Secondary Markets, Stock Exchanges, Company Law Board, Corporate Governance, SEBI, Formation,Functions. 22

2.

3.

4.

Contemporary Issues in Securities Market: Fundamental and Technical Analysis, Venture Capital, Private Placement, Forward Contracts, Leasing, Role of Credit Agencies, Demat Trading, Merchant Banking, Foreign Direct Investing, Protection of Investors Interest. Case Study/ Recent Trends in above Topics.

5.

ACCOUNTANCY AND FINANCIAL MANAGEMENT : PAPER - II

FIRST TERM 1. Admission of Partner : Revaluation of assets / liabilities through Profit & Loss Adjustment Account. Accumulated profits / Losses and fictitious assets appearing in the Balance Sheet. Computation of Sacrifice ratio / New Profit sharing ratio. Treatment of goodwill brought in cash/goodwill raised in books / goodwill raised and written off. Adjustment of Capitals. Preparing journal/ledger accounts, revised Balance sheet. Excluding. Admission / retirement / death included in the same question. Retirement / Death of Partner : Revaluation of assets / liabilities through Profit & Loss Adjustment Account. Accumulated Profits / Losses and fictitious assets appearing in the Balance sheet. Computation of gain ratio / new profit sharing ratio. Treatment of goodwill brought in cash/goodwill raised in books / goodwill raised and written off. Adjustment of Capitals. Preparing journal / ledger accounts, revised Balance sheet. Excluding. Admission / retirement / death included in the same question Repayment of partners dues in installments. Dissolution of firm : Entries to close the books of accounts / Ledger accounts Insolvency of one or all the partners. Adjustment of partners based on Profit sharing ratio. Treatment of unrecorded assets / liabilities. Excluding: Garner V. Munay Piecemeal distribution of cash : Excess Capital Method only. Asset taken over by a partner. Treatment of past profits or past losses in the Balance sheet. Contingent liabilities / Realisation expenses / amount kept aside for expenses and adjustment of actual. Treatment of secured liabilities. Treatment of preferential liabilities like Govt. dues / labour dues etc. Excluding : Insolvency of Partner and Maximum Loss Method. Partnership final accounts based on adjustment of admission or retirement of a partner during the year. Simple final accounts questions to demonstrate the effect on final. Accounts when a partner is admitted during the year or when partner Retires / dies during the year. Allocation of gross profit prior to and after admission / retirement / death when stock on the date of admission / retirement is not given and apportionment of other expenses based on time/sales/other given basis. Ascertainmentof gross profit prior to and after adminission / retirement / death when stock on the date of admission / retirement is given and apportionment of other expenses based on time / Sales / Other given basis. Excluding : Admission /retirement / death in the same year. 23

2.

3.

4.

5.

SECOND TERM 6. Amalgamation of Partnership firms : Realization method only Calculation of purchase consideration Journal / ledger accounts of old firms. Preparing Balance sheet of new firm Adjustment of goodwill in the new firm. Realignment of capitals in the new firm by current Accounts / cash or a combination thereof Excluding : Common transactions between the amalgamating firms. Branch Accounts : Meaning of Branch / Classification of branch Accounting for dependent branch not maintaining full books by a) Debtors method b) Stock and debtors method. Consignment Accounts : Accounting for consignment transactions. Valuation of stock. Invoicing of goods at higher price Exclude : Overriding commission. Normal / abnormal losses Hire Purchase Transactions : Meaning of hire purchase Contents of Hire Purchase agreement. Calculation of interest Accounting for hire purchase transactions by Asset purchase method based on full cash price only. Preparation of Ledger accounts / Journal in the books of buyer as well as seller. Exclude. Interest Suspense Method. Asset Accrual method. Repossession Calculation of cash price by working back. Fire Insurance Claims : Computation of loss of stock by fire. Ascertainment of claim as per the insurance policy Exclude: Loss of profit and consequential loss.

7.

8.

9.

10.

BUSINESS LAW
First Term 1) The Contract Act a) Nature of Contract : Essential Elements of a valid contract, agreements and contracts b) Offer and Acceptance c) Consideration and legality of the object and consideration d) Capacity to contract e) Free Consent f) Void Agreements g) Contingent Contracts h) Performance of Contracts and Appropriation of payments i) Discharge of Contract j) Quasi Contracts k) Remedies for Breach of Contract 24

2)

The Special Contracts a) Law of Indemnity and Guarantee b) Bailment and Pledge c) law of Agency The Sale of Goods Act a) Formation of the contract of Sale :- Sale and agreement to sell, Hire Purchase agreement, subject matter of Contract of Sale, Document of title of goods. b) Conditions and Warranties c) Transfer of Property : Passing of property, Sale by non-owners d) Performance of Contract :- Delivery of Goods, Rights and duties of the buyer and seller e) Unpaid Seller : Definition Rights of an unpaid Seller f) Auction Sales. The Negotiable Instruments Act. a) Definition, Characteristics of a Negotiable Instrument b) Promissory Notes, Bills and Cheques :- Definition and features, Types of Cheques, bankers and Customers, Classification of negotiable Instrument, Bill in Sets, Maturity of an instrument, payment in due course. c) Parties to Negotiable Instrument d) Negotiation and Endorsement e) Presentment f) Discharge of parties from liability g) Operational rules of evidence presumptions as to Negotiable Instruments Second Term

3)

4)

5)

The Companies Act a) Formation of Company - Incorporation of Company, Certificate of Incorporation, Promoter, Pre-incorporation or preliminary contracts. b) Types of Companies. - Definition, Characteristics, advantages, lifting or Piercing the corporate veil. c) Memorandum of Association- Definition, Contents, alteration and Doctrine of Ultra Vires. d) Articles of Association : Definitions, Contents, alterations and Doctrine of Indoor Management and Constructive Notice. e) f) g) Prospectus - Definition, Contents, Mis-statements in Prospectus and their consequences, statement in lieu of prospectus and commencement of business. Membership of a Company - Acquisition and cessation, Rights and duties of members, Register of members. Directors - Definition, Appointment and Removal, Position, Vacation of office, Disqualifications, Powers, Rights, Duties and liabilities, Remuneration.

6.

Partnership Act. a) Definition, Characteristics, Test for determining the existence of partnership and Types of partnership. b) Relation of Partners to one another and to third parties - Rights, duties and liabilities of a partner, Types of partners. Implied authority of a partner. c) Minor's position in partnership d) Incoming and Outgoing partners e) Dissolution of firm f) Registration of a firm - Effects of Non-Registration. 25

Maharashtra Co- operative Societies Act. a. Definition and features of a Co. operative society. b. Formation and registration (Bye laws and model by laws) c. Types of Co-operative Societies. d. Membership i. Types of membership ii. Acquisition of membership iii. Termination of membership iv. Rights and duties of members e. Management i. Managing Committee a) Its composition by nomination and by election b) Powers and functions of the Managing Committee c) Removal of Managing Committee ii. Meetings - Annual General meeting, Special General Meeting iii. a) Audit, enquiry inspection and supervision. b) Disputes, judicial powers - Registrars powers, Co-operative courts and Appellate courts. Consumer Protection Act 1. Definition, Consumer and Comsumer Dispute 2. Consumer Protection Councils Chapter 11 (Sections 4 to 8) 3. Consumer Disputes Redressal Agencies (Section 9 To 15) 4. District forums, State Commission and National Commission - jurisdiction and compositions Terms and conditions of service and removal of the President or member of the National Commission from office in certain circumstances (Rules 12 and 13 of the consumer Protection Rules, 1987).

26

APPLIED COMPONENTS
ADVERTISING
1. Introduction to Advertising (a) Introduction to integrated Marketing Communications - Pubilcity - Public Relations Salesmanship - Salesmanship - sponsorship - Advertising - Sales promotion. - Advertising Features, Active participants, Role of Advertising in Marketing Mix, Communication and society - Advertising and brand building (b) Classification of Advertising On the basis - Area, Audience, Advertisers, Media, Objective. Social Advertising, Political Advertising, Advocacy Advertising, Retail Advertising. Financial Advertising, Corporate Image Advertising, Primary & Selective Advertising. (c) Media in Advertising Comparative analysis of Media options for advertising - Television ( cable / satellite / DD), Radio (special reference to FM), Internet, Print, Film (Product Placement) and Outdoor advertising. Emerging Media Options - New Options of Transit Advertising, Marketing Through Social sites,, Advertising through cell phones. Media planning - media scheduling strategies and media objectives - Reach, frequency and GRP Concepts - Media buying, Media Selling, Media Mix. Clutter, Zipping & Zapping. Need for media research and Organisations conducting media research, Media survey, National Readership Survey (NRS), Television Rating Posting (TRP) Economic & Social Aspects of Advertising (a) Economic aspects of advertising - Impact on production, distribution and consumer cost, advertising and competition, waste in advertising. (b) Social aspects of advertising - advertising and culture (values, festivals, customs), standard of living, ethics in advertising. (c) Regulation and control on advertising in India - Advertising Standard Council of India (ASCI) Advertising Agencies Association of India (AAAI), Information & Broadcasting Ministry Advertising Agencies (a) Advertising Agency - definition, types of services offered, types of advertising agencies, structure of ad agencies, agency selection criterion, ways of getting clients with special reference to creative pitch, agency accreditation and client turnover, current advertising agency's scenario. (b) Career options available in advertising field - advertising agency, media, production houses, research and allied fields - printing, graphics and animation, modeling and dubbing. Planning and Advertising campaign Meaning of advertising campaign Important aspects of campaign planning The target audience - need for segmenting the market and bases of market segmentation Objectives of ad campaign - communication (DAGMAR) versus sales objectives Media Selection & factor determining selection of Media Advertising budget - Factors affecting budget / Methods Requisite of an advertisement - AIDA, role of persuasion Determining the message theme - USP Decision on advertising appeals and selling styles (soft selling / Hard selling skills) 27

2.

3.

4.

5.

Creativity in advertising (a) Psychology in advertising - perception, attitudes and values, personality, motivations, (including buying motives) and beliefs. (b) Visualization techniques (c) Copy - types and essentials (d) Elements of copy - headline (functions and types), overline, underline, body copy, captions, taglines, slogans, call to action, logo, company name and signature (e) Illustrations - functions and types (f) Layouts - stages, functions, types and essentials Types of advertising options - dramatization, animation, testimonials, demonstration (informative, education and fantasy) Copy writing for print, outdoor, radio, web and television (concept of storyboards) Advertising research Valuating advertising effectiveness Importance of research in advertising Types of research - copy research and behavioral research Pre-testing and Post-testing methods of evaluation : Pre-testing methods - methods for concept testing and copy testing Post-testing methods - sales and response rates, recognition tests and attitude and opinion tests

6.

List of books for reference : 1. Advertising Management, 5th ed., Batra Rajeev, Myers John G. and Aaker David A., Prentice Hall India, New Delhi, 2004. 2. Advertising and Promotion, An Integrated Marketing Communications Prespective, 6th ed., Belch G. and Belch M., Tata McGraw-Hill Publishing Company Limited, New Delhi, India, 2003. 3. Advertising Principles, Bergh B.G.V. and Katz H., NTC Business Books, Lincolnwood, Illinois, USA, 1999. 4. Integrated Advertising, Promotion and Marketing Communications, Clown Kenneth E. and Baack Donald, Pearson Education Inc., 2002. 5. Advertising and Sales Promotions, 2nd ed., Kazmi S. H.H. and Batra Satish K., Excel Books, New Delhi, India, 2004 6. Strategic Brand Management, 2nd ed., Keller Kevin L. Pearson Education Inc., 2007. 7. Advertising, Principles and Practice, 7th ed., Wells William, Moriarty Sandra and Burnett John, Pearson Education Inc., 2006.

TRAVEL AND TOURISM

1. 2. Tourism : Meaning and Scope The Framework of Tourism : Natural, Socio-economic and political factors affecting Tourism National and International factors Impact of tourism industry on the Indian Economy and environment. Tourist Resources in India : a) Tourist sites and places of historical importance. b) Scenery, resort, wild life, crafts, folk arts, painting, sculpture, archaeological and architectural sights. c) Shopping & Sports attractions. 28

3.

4.

Types of Tours : (1) Cultural / Pilgrim Tours (2) Special interest Tours (3) Business Tours (4) Incentive Tours (5) Adventure Tours (6) Leisure Tours & Recreational Tours (7) Conference / Convention Tours The types of tours should be studied with special reference to Indian Tour packages. Organisation of Tourism : Need for organisation, Indian Tourist organisation at global, National and State levels. Planning for Tourism : Need for planning assessment of demand and Supply of tourism / Publicity and Promotion. Accommodation Facilities : a) The Hotel Industry Growth-organisation and management of Hotels. Categories of Hotels. b) Supplementary / Accommodation Low-cost lodging Pilgrim accommodation Youth Hostels health Resorts Sanitoria. Transport and Modes of Travels : Roles of different modes of Transport and Communication in Tourism. Regulations relating to Domestic and International Travel. Travel Agency : Functions of a Travel Agency and a Tour Operator. Packaging and selling of tours setting up a Travel Agency. Ticketing and Documentation : Reserve Bank of India / Passport / Visa formalities Emigration and Immigration rules. Use of Computers.

5.

6.

7.

8.

9.

10.

List of books for reference : 1. Tourism and Hotel Industry in India, New Delhi Prentice Hall of India, 1916. 2. Tourism Development, Principles and Practices, New Delhi, Sterling Publisher Pvt. Ltd., 1991 3. The Management of Tourism, London, Heimnam, 1979 India, Plan your own holiday, Bombay Nirvana 4. India, Plan your own holiday, Bombay Nirvana Publications, 1988 Jagannathan S. 5. Successful Tourism Planning and Management, New Delhi, Fross Section Publications, 1978 6. Tourism Management, London, Tourism International Press, 1975. 7. Profile of Indian Culture. 8. Fairs and Festivals in Maharashtra 9. Dynamic of Tourism and Recreation, Inter-India Publications, New Delhi, (1985) 10. A Geography of Tourism, MacDonal & Evens, London (1976) 11. Geography of Tourism and Recreation with Special reference to Varanasi, Inter-India Publications, New Delhi. (1986) 12. Marketing for Tourism 13. Tourism Marketing 14. Tourism Development in India 15. The Management of International Tourism Z. Brooke, Peter J. Buckley

Anand M.M Bhatia A. K. Burkart A.J.

Seth P.N. Wahab S. Krishna Chaitanya Kaul R.K. Robinson H. Singh S.N Wahab Holloway & Plant Shelley Stephan F.Witt Micheal.

29

Magazines Indian Destination Traveller Travel Agent Some-in-house magazine of Oberois Taj Magazine Travel Talk The World of India Travel Review Indian Tourism Monitor Travel Scene Asia

Asian Panorama India Magazine Foreign Travel Trade Gazette- Asia Asia Pacific Travel Executive Travel Tourism International (Asia) Asia Travel Trade Asia Pacific News Travel News Asia

CO-OPERATION
1. Introduction a) Meaning and definition of Co-operation b) Salient Features of Co-operation. c) Benefits of Co-operation - Evaluation of Principle of Co-operation d) Role of Co-operation in Economic Development e) Co-operation in Mixed Economy Structure and Organization of Co-operation Organisation, Progress and Problems with special reference to India a) Processing Co-operative Societies. b) Agricultural Marketing Societies. c) Consumers Cooperative Societies. d) Industrial Cooperative Societies. e) Housing Cooperative Societies. f) Self help group Role function and problems of cooperative banking in India a) Primary Agricultural Credit Society b) Central Co-operative Banks. c) State Co-operative Banks. d) Land Development Banks. e) Framers Service Societies. f) Urban Co-operative Banks and Credit society Co-operative Management a) Administrative functions of cooperative department. i) Registration, Administration, supervision Legislation, Audit, ii) Professionalisation of Co-operative Managements iii) Types and Procedure of General Body Meetings iv) Duties of Board of Directors in co-operatives v) Role of Secretary / Managing Director vi) Role of Registrar : Power and function b) Participation of State in Co-operative Movement i) Central Government ii) State Government iii) Reserve Bank of India iv) NABARD

2.

3.

4.

30

5)

a)

b)

Human Resource Development in Co-operation i) Need and importance of HRD ii) HRD - Education and Training Facility. iii) Worker's Participation in Managements Leadership in Co-operatives i) Role of Leadership ii) Leadership Qualities iii) Leadership Development Programmes

6)

Challenges of Co-operative Sector Survival of Co-operatives under gobalisation Need to strengthen the co-operative sector List of books for reference : 1. Mathur B.S. - 1999 Co-operative in India 2. Tyagi R.B. Recent - Funds in the co-operative movement in India 3. Kamat G.S. - New dimension in co-operative - Himalaya. 4. Hajela T. N. Principle, problems and practices of co-operation 5. Bhatnagar and others co-operation in India 6. Bedi R. D. Theory, History and Practice of co-operation 7. Dr. Gadgil writings on co-operative movement in India 8. Goel S.L. and Goel B.B. Co-operative administration (Sterling - New Delhi) 9. Taimani K.K. - Training and Development of Human Resources in co-operatives (Savin Brothers New Delhi) I.C.A. Co-operative Management and Administration. 10. Taimani K.K. co-operative Organization and Management 11. Stephenson, Management in co-operatives (Himalaya Publishing House) 12. Govt. of Maharashtra, Report on co-operatives movement in Maharashtra Yashwantrao Mohite Committee Report. 13. Bhatia B.S. Verma H.L. and others co-operatives and Human Resources Development Vol 1 to 5 (Deep and Deep Publication) 14. Dalayer and Subnis Co-operation in Maharashtra 15. Patnaik and Roy, co-operation and co-operative management (Kalyani Publishers, New Delhi)

COMPUTER PROGRAMMING
SECTION - I
1. Introduction to Computer System : Computer System Organisation & Peripherals : CPU, Memory (RAM, ROM), Keyboard & monitor, mouse, floppy disks, floppy disk drives and Winchester disk drives, Dot matrix, laser and inkjet printers, scanner. Object & Features of Different Operation Systems : DOS 6.0, Windows 3.1, Windows 95, Unix. DOS Commands Use & syntax of internal commands : CD, CLS, COPY, DATE, DEL, DIR, ERASE, EXIT, MD, RD, PATH, REN, TIME, TYPE, VER. Meaning of external commands : CHKDSK, COMP, DELTREE, DISKCOMP, DISKCOPY, EDIT, MORE, MOVE, TREE, SCANDISK, XCOPY.

2. 3.

31

SECTION - II
A. BASIC Programming Language : (GWBASIC) 1. Introduction to BASIC Programming and Simple Programs. Simple BASIC commands: RUN, LIST, NEW, AUTO, CLS, EDIT, DELETE, REM, statement. 2. Arithmetic Operators : + - * / ^, variables and assignment statement. 3. Control statement : GOTO, FOR, NEXT, FOR/NEXT/STEP, STOP, END 4. Simple input / output statements ; READ/DATA, RESTORE, INPUT, PRINT and use of; and, in PRINT 5. Relational operators : =, < >, , >= 6. Logical Operators : AND, OR, XOR, NOT 7. Conditional Statements : IF/THEN, IF/THEN/ELSE, ON/GOTO, ON/GOSUB, WHILE, WEND. 8. Additional Statements for PRINT: PRINT TAB, PRINT USING #, ., $, I, AND,\ 9. Instructions for using printer : LPRINT, LPRINT USING, LLIST 10. Library functions : MOD, ABS, INT, FIX, SGN, RND, SWAP 11. String variables string input/output statement (READ, PRINT)String companion statements, string operation, PRINT USING for string. 12. String functions : LEFT$, MIDS$, Right, LEN, VAR, STR$, SC, CHR$, SPACE, SPC. 13. Integer variable, Single and Double precision variables. 14. Type definition statements : DEFINT, DEFSNG, DEFDBL, DEFSTR 15. Subscripted variables : String arrays, DIM 16. Sub outlines : GOSUB, RETURN, ON/GOSUB 17. Basic commands relating to disk : LOAD, SAVE, KILL, FILES, NAME 18. Sequential and random access files instructions: OPEN, FILED, CLOSE, INPUT #, PRINT#, WRITE#, LINE INPUT#, EOF, PUT, FET, RSET, LSET, CDI, CVS, CVD. 19. Graphic display commands : COLOR, PSET, PRESET, CIRCLE, LINE, PAINT, BOX. Program writing in BASIC Language : 1. Preparation of class-wise result and summary. 2. Saving calculation in fixed and recurring deposits. 3. Given a sentence / paragraph count the number of words/sentences and arrange words / sentences in special order fix alphabetical/length of words in a Para and rewrite the sentence/ sentences. 4. Calculation of mean, median, standard deviation. 5. Calculation of correlation, regression and fitting of a straight line using Least Square Method. 6. Creating, updating and Appending a sequential and random access data file. 7. Reading, Printing, copying, processing a sequential and random access data file. 8. Selection of resolution & color schemes and contribution of the diagrams.

B.

List of books for reference : Computers Today Introduction to computers Programming in BASIC including IBM PC Programming in BASIC Programming in GWBASIC Sanders. Hunt and Shelly Balguruswamy Subramaniam N. Ahamad A.

32

Third Year B.Com.

1. 2. 3.& 4. Commerce : Paper - III Business Economics : Paper - III Special Group Two Papers. (Any one group). a) Financial Accounting and Auditing. 1) Financial Accounting : Paper - III 2) Auditing and Cost Accounting : Paper IV OR b) Business Management 1) Management and Organisational Development : Paper I 2) Financial Management : Paper II Related Applied Component to the Special Group a) Introduction to Management Accounting : Paper - V OR b) For Management Marketing Management Any two of the following Applied Component Papers a) Export Marketing b) Marketing Research c) Direct & Indirect Taxation d) Investment Analysis & Portfolio Management e) Computer System & Applications

5.

6 & 7.

COMMERCE : PAPER - III

(Marketing and Human Resource Management)
Marketing Unit I : Introduction to Marketing a) Marketing - Nature, Importance and Scope. Concepts : Selling Concept, Marketing Concept and Societal Concept. Role of Marketing Managers in Changing Marketing Environment. b) Market Opportunity Analysis - Marketing Research and Marketing Information System (MIS) Concepts, nature and importance in marketing decisions. Unit II : Consumer Behaviour and Market Segmentation Consumer Behaviour - Nature and factors influencing it. Consumer's buying decisions process. Market Segmentation - Nature, importance and basis of segmentation. Niche Marketing; Customer Relationship Management (CRM) - Need and importance - Techniques of building CRM. Unit III : Marketing Mix : Nature and Importance. a) product Mix - Product Life Cycle (PLC) - Branding - Brand Selection - Brand Extension - Brand Positioning and Brand Equity. b) Price Mix - Factors influencing the price - Pricing Methods. c) Place Mix - Direct and Indirect Marketing - Factors influencing channel decisions - Managing channel intermediaries (Distribution Network) d) Promotion Mix Elements - Role of Advertising, Salesmanship and Public relations in promotion Recent Promotion Tools used in Indian Companies.

33

Unit IV : Recent Trends in Marketing : a) Service Marketing - Special features - Problems in marketing of services. b) Rural Marketing - Nature and Growth - Problems of Rural Marketing in India - Measures for effective Rural Marketing. c) Social Marketing d) Green Marketing e) Event Marketing f) Internet Marketing g) Telemarketing h) Retail Marketing List of books for reference : 1. Principles of Marketing, Philip Kotler and Gary Armstrong, Prentice Hall of India Pvt. Ltd. 2. Basic Marketing, Jerome McCarthy 3. Fundamentals of Marketing, William Stanton, McGraw Hill 4. Marketing Management, V. S. Ramaswamy and S. Namakumari, Macmillian India Ltd. 5. Marketing Mangement - Rajan Saxena, TataMcGraw-Hill 6. Marketing, Paul Baines, Chris Fill and Kelly Page, Oxford University Press 7. Marketing Management, S. K. Sarangi, Asian Books Pvt. Ltd. New Delhi 8. Marketing Management - Texts and Cases, Douglas Darymple and Leonard Parsons, John Wiley & Sons 9. Marketing Management - Cases and Concepts, Nikhilesh Dholakia, Rakesh Khurana, Labdhi Bhandari and Abhinandan Jain, Macmillan India Ltd. Human Resource Management (HRM) Unit I : Introduction to Human Resource Management a) concept of HRM - its Nature, Importance and Functions - Role of HR Managers in the changing Business Environment. b) Human Resource Planning : Importance and Steps in HRP - Job Analysis - Meaning and Uses Recruitment and its sources - Selection Procedure - Employment Tests & Interviews - their roles and types - Importance of Placement and Induction. Unit II : Human Resource Development (HRD) Concept and Scope of HRD - Training and Development - Importance, Types and Methods - Performance Appraisal - benefits, limitations and techniques of appraisal. 360 Degree Appraisal, Employee Retention - Compensation and Incentives - Performance related pay. Unit III : Human Relations Nature and Importance of human relations - Leadership - traits and Styles. Motivation - Factors of Motivation - Theories of Motivation - Maslow's Theory, Herzberg's Theory and McGregor's X & Y Theory. Employee Morale - Nature and Importance. Grievance Handling and Procedure. Unit IV : Current Issues in HR: Human Resource Planning - Concept, advantages and limitations Human Resource Audit, Objectives and scope. Group Dynamics and Team Building - nature and significance Emotional Quotient and Mentoring - meaning and importance Career Planning and Development - nature and importance - Need for succession planning. Empowerment and Participation - meaning and significance Emerging Challenges in HRM - managing workforce diversity-managing downsizing, outsourcing Safety and Security Management - Importance. List of books for reference : 1. Human Resource Management, C. B. Gupta, Sultanchand & Sons 2. Human Resource Management, L. M. Prasad, Sultanchand & Sons 3. Personnel Management, C. B. Mamoria and S. V. Gankar, Himalaya Publishing House 34

4. 5. 6. 7. 8. 9. 10. 11.

Principles of Personnel Management, Edwin Flippo, McGraw Hill Personnel Management - Texts and Cases, S. Ghosh, Oxford and IBH Personnel Management : Theory and Practice, MacFarland D. E., MacMillan & Company. Personnel Management, A. Monappa and M. S. Saiyaddin, Tata McGraw-Hill Management of Human Resources, Pigors Paul, Myres Charles A., McGraw-Hill Personnel Management : Principles and Practice, Scott Walter, Clotheier Robert and Spriegel William, Tata McGraw-Hill Human Resource Management - Text and Cases, K. Aswathappa, Tata McGraw-Hill Human Resource Management, H. John Bernadin, Tata McGraw-Hill.

BUSINESS ECONOMICS - PAPER III

Section - I
Module 1 : Commercial Banking a) Commercial Banking - Assets and Liabilities of Commercial banks - Trade - off between Liquidity and Profitability. b) Banking Sector Reforms : Measures, Performance with respect to Public. New Private and Foreign Banks in the Post Reforms Period - New Technology in Banking in India. Module 2 - Central Banking Changing Trends in Monetary Policy in India - RBI's Short Term Liquidity Management - Role and Performance of Micro Finance, Self Help Groups and Composite Credit. Module 3 - Financial Markets a) Money Market : Components and Features of Indian Money Market - Money Market Reforms in India b) Capital Market : Significance in Economic Development - Capital market Reforms - Role of SEBI Role and Importance of Mutual Funds, Equity Market, Future and Commodity Market

Section II
Module 4 - Public Finance Changing Trends in Tax and Non-Tax in India - Public Expenditure: Classification of Public Expenditure, Causes for Increase in Public Expenditure in India - Public Debt :Meaning and Classification - Burden of Internal and External Debt -Concepts of Deficits:Revenue, Budgetary, Fiscal and Primary Deficits - FRBM Act. Module 5 - International Trade and WTO Gains from International Trade - Balance of Trade and Payments - Causes of Disequilibrium in BOP Measures to correct disequilibrium in BOP - Emerging Trends in India's BOP position since 1991 - WTO : Functions and agreements with reference to TRIPS, TRIMS and GATS. Module 6 - Exchange Rate Determination Exchange Rate Determination - Purchasing Power Parity Theory - Foreign Exchange Market - Functions and Dealers - Spot and Forward Exchange Rates - RBI's Intervention and Foreign Exchange Rate Management. List of books for reference : 1. L. M. Bhole - Financial Institutions and Markets - Tata Mc Graw Hill Publishing Company, New Delhi. 2. Invest Banking - An Odyssey in High Finance, Pratap G. Subramanyam, Tata Mc Graw Hill Publishing Company, New Delhi. 3. Principles of Economics, R. G. Lipsey and K. A. Chrystal, Oxford University Press 4. Indian Economics, Mishra and Puri, Himalayan Publishing House, Latest Edition 35

5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16.

International Economics, Salvatore and Dominik, John Wiley and Sons, Singapore Series on Indian Economy since Independence, Uma Kapila, Academic Foundation, Latest Edition. Macroeconomics, Domdusch & Fisher, Mc Graw Hill, New York, Latest Edition Modern Banking, Sayers R. S., Oxford University Press, New Delhi Central Banking, De Kock M. H., Staples Press London Macroeconomics for Business and Management, H. l. Ahuja, Sultan Chand and Co., New Delhi Indian Economy, Datt R. and Sundaram, Sultan Chand and Company, New Delhi, Latest Edition. Public Finance and Theory and Practice, Musgrave P. A. Musgrave P. G., Mc Graw Hill, Tokyo, Latest Edition Latest Annual Economics Surveys, RBI Staff Papers, Monthly issues of CMIe, Economic Journals and reports Government of India. Economic Survey (Latest) Government of India. Five Year Plan (Latest) Government of india. Finance Commission Report. (Latest)

FINANCIAL ACCOUNTING AND AUDITING: PAPER - III

1. COMPANY ACCOUNTS : (Including provisions of Companies Act relevant to the specific sub-topics). 1.1 Shares (Objectives, Accounting, Presentation, Disclosure) (i) Shares & share capital. (ii) Issue of shares - by different modes IPO, Private Placements, Preferential, Rights, ESO, SWEAT and ESCROW account. (iii) Issue of shares at par, premium and discount. (iv) Application for shares including minimum subscription, price band. (v) Allotment of shares including over and under subscription and calls in arrears / received in advance. (vi) Issue of shares for cash including forfeiture and reissue of forfeited shares. (vii) Issue of shares for consideration other than cash. (viii) Capitalisation of reserves & issue of bonus shares. 1.2 Debentures (Objectives, Accounting, Presentation, Disclosure). (i) Issue of debentures at par, premium and discount. (ii) Issue of Debentures with consideration of Redemption. (iii) Issue of debentures for cash receivable in installments or at a time. (iv) Issue of debentures for consideration other than cash. 1.3 Redemption of Preference Shares : (i) Company Law / Legal Provisions for redemption. (ii) Sources of redemption including divisible profits and proceeds of fresh issue of shares. (iii) Premium on redemption from security premium and profits of company. (iv) Capital Redemption Reserve Account - creation and use. 1.4 Redemption of Debentures (including purchase or Buy-back of own debentures). (i) By payment from sources including out of capital and/or out of profits. (ii) Debenture redemption reserve & debenture redemption sinking fund excluding insurance policy. (iii) By conversion into new class of shares or debentures with options including at par, premium and discount. (iv) Purchase / buy back of own debentures for immediate cancellation or holding including ex and cum interest for purchase / sale price (excluding brokerage thereon). 1.5 Buy Back of Equity Shares : (i) Company Law / Legal Provisions (including related restrictions, power, transfer to capital redemption reserve account and prohibitions). (ii) Compliance of conditions including sources, maximum limits & debt equity ratio. 36

1.6

Amalgamation of Companies (w.r.f. AS 14) (excluding inter company holdings). (i) In the nature of merger and purchase with corresponding accounting treatments of pooling of interests and purchase methods respectively. (ii) Computation and managing of purchase consideration. (iii) Problems base on purchase method of accounting only. 1.7 Capital Reduction and Internal Reconstruction : (i) Need for reconstruction and Company Law provisions. (ii) Distinction between internal and external reconstructions. (iii) Methods including alteration of share capital, variation of share holder rights, sub divisional, consolidation, surrender and reissue / cancellation, reduction of share capital, with relevant legal provisions and accounting treatments for same. 1.8 Ascertainment and Treatment of Profit Prior to Incorporation with : (i) Principles for ascertainment. (ii) Preparation of separate, combined and columnar profit & loss a/c. including different basis of allocation of expenses / incomes. 1.9 Preparation of Final Accounts of Companies : (i) Relevant provisions of Companies Act related to Final Account (excluding cash flow statement). (ii) Vertical and horizontal formats of profit & loss a/c. and balance sheet. (iii) AS I in relation to final accounts of companies (disclosure of accounting policies). 2. INVESTMENT ACCOUNTING w.r.f. AS 13 : 2.1 (a) For shares (variable income bearing securities). (b) For debenture bonds etc. (fixed income bearing securities). 2.2 Accounting for transactions of purchase & sales of investments with ex and cum interest prices and finding cost of investment sold and carrying cost as per weighted average method. 2.3 Columnar format for investment account. ACCOUNTING FOR TRANSLATION OF FOREIGN CURRENCY TRANSACTIONS VIDE AS 11 (EXCLUDING FOREIGN BRANCHES AND FORWARD EXCHANGE CONTRACTSAND HEDGING CONTRACTS). 3.1 In relation to purchase and sale of goods, services and assets and loan and credit transactions. 3.2 Computation and treatment of exchange differences.

3.

List of books for reference : 1. Advanced Accounting, R.L. Gupta & M. Radhaswami, Sultan Chand & Sons 2. Advanced Accounts, M.C. Shukla & T.S. Grewal, S. Chand & Co. 3. Advanced Accounting, H. Chakraborthy, Navbharat 4. Financial Accounts, S.N. Maheshwari, Vikas 5. Advanced Accounting & Financial Accounting. Sehgal Ashok, Taxmann 6. Financial Accounting, Warren Carl, Thomson 7. Advanced Financial Accounting, Paul, New Central Book Agency 8. Financial Accounting for Management, Ambrish Gupta, Pearson Education

AUDITING : PAPER - IV
SECTION - I AUDITING
1. Introduction to Auditing : 1.1 Basics : Financial Statements, Users of Financial Information, Definition of Auditing, Objectives of Auditing - Primary & Secondary, Expression of opinion, Detection of Frauds and Errors, Inherent limitations of Audit. 1.2 Errors and Frauds : Definition, Reasons & Circumstances, Types of Errors- Commission, 37

2.

Omission, Principle & Compensating, Types of Frauds, Risk of fraud and Error in Audit, Auditors Duties & Responsibilities in respect of fraud. 1.3 Principles of Audit : Integrity, Objectivity and Independence, Confidentiality, skills and Competence, Work Performed by Others, Documentation, Planning, Audit Evidence, Accounting System and Internal Control, Audit Conclusions and Reporting. 1.4 Audit Types : Meaning, Advantages and Disadvantages of Balance Sheet Audit, Interim Audit, Continuous Audit, Concurrent Audit, Annual Audit. 1.5 Miscellaneous : Advantages of Independent Audit, Qualities of Auditors, Auditing Vs Accounting, Auditing Vs Investigation, True and Fair. 1.6 Accounting Concepts relevant to auditing. Materiality, Going Concern. Audit planning, procedures and Documentation. 2.1 Audit Planning : Meaning, Objectives, Factors to be considered, Sources of obtaining information, Discussions with Client, Overall Audit Plan. 2.2 Audit Programme : Meaning, Factors, Advantages, Disadvantages, Overcoming Disadvantages, Methods of Work, Instruction before commencing work, Overall Audit Approach. 2.3 Audit working Papers : Meaning, importance, Factors determining Form & Contents, Main Functions / Importance, Features, Contents of Permanent Audit File, Temporary Audit File, Ownership, Custody, access of Other Parties to Audit Working Papers, Auditors Lien on Working Papers, Auditors Lien on Client's Books. 2.4 Audit notebook Meaning, Structure, Contents, General Information Current Information Importance. Auditing Techniques and Internal Audit introduction : 3.1 Test Check : Test Checking Vs Routing Checking, test Check meaning, features, factors to be considered, when Test Checks can be used, advantages, disadvantages precautions. 3.2 Audit Sampling : Audit Sampling, meaning, purpose, factors in determining sample sizesampling Risk, Tolerable Error and expected error, methods of selecting Sample items. Evaluation of Sample Results auditors Liability in conducting audit based on Sample. 3.3 Internal control : Meaning and purpose, review of internal control, advantages, auditors duties, review of internal control, Inherent Limitations of Internal Control, internal control samples for sales & debtors, purchases & creditors, wages and salaries. 3.4 Internal Checks Vs Internal Control, Internal Checks Vs Test Checks. 3.5 Internal audit. Meaning, basic principles of establishing Internal audit, objectives, evaluation of internal Audit by statutory auditor, usefulness of internal Audit, Internal Audit Vs External Audit, Internal Checks Vs Internal Audit. Auditing Techniques : Vouching. 4.1 Vouching. 4.2 Audit of Income : Cash Sales, Sales on Approval, Consignment Sales, Sales Returns Recovery of Bad Debts written off, Rental Receipts, Interest and Dividends Received Royalties Received. 4.3 Audit of Expenditure Purchases, Purchase Returns, Salaries and Wages, Rent, Insurance Premium, Telephone expense Postage and Courier, Petty Cash Expenses, Traveling Commission Advertisement, Interest Expense. Auditing Techniques : Verification. 5.1 Audit of assets : Book Debts / Debtors, Stocks - Auditors General Duties, Patterns, Dies & Loose Tools, Spare Parts, Empties & Containers Quoted Investments and Unquoted Investment Trade Marks / Copyrights Patents Know - How Plant and Machinery Land & Buildings Furniture & Fixtures. 5.2 Audit of Liabilities Outstanding Expenses, Bills Payable Secured loans Unsecured Loans Contingent Liabilities. Introduction to Company Audit. 6.1 Qualifications, Disqualifications, appointments, reappointments and removal of auditors. Qualifications. Disqualifications. Appointments - First and subsequent auditors. Reappointment. Removal of auditor. 38

3.

4.

5.

6.

Section - II - Cost Accounting

1. Introduction to Cost Accounting : (a) Objectives and scope of Cost Accounting. (b) Cost centers and Cost Units. (c) Cost classification for stock valuation, Profit measurement, Decision making and control. (d) Coding systems. (e) Elements of Costs. (f) Cost behavior pattern, Separating the components of semi-variable costs. Cost Ascertainment : 2.1 Material Cost (i) Procurement procedures - Store procedures and documentation in respect of receipts and issue of stock, Stock verification. (ii) Inventory control - Techniques of fixing of minimum, maximum and recorder levels, Economic Order Quantity, ABC classification; Stocktaking and perpetual inventory. (iii) Inventory accounting. 2.2 Labour Cost : (i) Attendance and payroll procedures, Overview of statutory requirements, Overtime, Idle time and Incentives. (ii) Labour turnover. (iii) Utilization of labour, Direct and indirect labour, Charging of labour cost, identifying labour hours with work orders or batches or capital jobs. (iv) Efficiency rating procedures. (v) Remunerations systems and incentive schemes. 2.3 Overheads : Functional analysis - Factory, Administration, Selling, Distribution, Behavioural analysis - Fixed, Variable, Semi variable cost. Note : No practical problems on material, labour, voverheads. Cost Book - keeping : Reconciliation of cost and financial accounts. Note : Practical problems based on reconciliation of cost and financial accounts. Costing Systems : 4.1 Job and batch costing : Job cost cards and databases, Collecting direct costs of each job, Attributing overhead costs to jobs, Applications of job costing. 4.2 Contract Costing : Progress payments, Retention money, Contract accounts, Accounting for material, Accounting for Tax deducted at source by the contractee, Accounting for plant used in a contract, treatment of profit on incomplete contracts, Contract profit and Balance sheet entries. Excluding Escalation clause. 4.3 Process Costing : Process loss, Abnormal gains and losses, Joint products and by products. Excluding Equivalent units, Inter-process profit. Note : Practical problems based on cost sheet, Process Costing and Contract Costing. Introduction to Standard Costing : Marginal costing meaning, application, advantages, limitations, Contribution, Breakeven analysis and profit volume graph. Introduction to Standard Costing : Various types of standards, Setting of standards, Basic concepts of material and Labour. Variance analysis.

2.

3. 4.

5.

6.

List of books for reference : 1. Cost Accounting Principles and Practice. M.N. Arora. Vikas New Delhi. 2. Cost Accounting. S.P. Jain and K.L. Narang. Kalyani - New Delhi 3. Cost Accounting - A Managerial emphasis. Horngren, Charles, Foster and Datar. Prentice Hall 4. Management Accounting. Khan and Jain. Tata McGraw Hill 5. Practical Costing. P.C. Tulsian. Vikas New Delhi 6. Advanced problems and Solutions in cost Accounting. S.N. Maheshwari. Sultan Chand New Delhi. 39

INTRODUCTION TO MANAGEMENT ACCOUNTING : PAPER - V

1. Analysis and Interpretation of Financial Statements. 1.1 Study of Balance Sheet and Income Statements / Revenue Statements in Vertical Form suitable for analysis. 1.2 Relationship between items in Balance Sheet and Revenue Statement. 1.3 Tools of analysis of Financial Statements. (i) Trend Analysis. (ii) Comparative Statement. (iii) Common Size Statement. Ratio Analysis and Interpretation (Based on Vertical Form of Financial statements) Including Conventional and Functional Classification Restricted to 2.1 Computation and analysis of ratios : A. Balance Sheet Ratios : (i) Current Ratio (ii) Liquid Ratio (iii) Stock Working Capital Ratio (iv) Proprietary Ratio (v) Debt Equity Ratio (vi) Captial Gearing Ratio B. Revenue Statement Ratios : (i) Gross Profit Ratio (ii) Expenses Ratio (iii) Operating Ratio (iv) Net Profit Ratio (v) Net Operating Profit Ratio (vi) Stock Turnover Ratio C. Combined Ratios : (i) Return on Capital employed (ii) Return on proprietor's fund. (iii) Return on Equity Capital (iv) Earning per share (EPS) (v) Price Earning Ratio (P/E Ratio) (vi) Dividend Pay out Ratio (vii) Debt Service Ratio (viii) Debt service coverage Ratio (ix) Debtors Turnover Ratio (x) Creditors Turnover Ratio 2.2 Different Modes of Expressing Ratios : Rate, Ratio, Percentage, Number etc. Limitations on the use of the Ratios, Inter-action of Ratios. 2.3 Projection of the Financial Statements from the given ratios and other information. Preparation of Statement of Sources and Application of Cash with Balance to Accounting Standard No.3.(Cash Flow Statement). Working Capital Concept. Preparation / Projection of requirements in case of trading and manufacturing organisations. Capital Budgeting : 5.1 Introduction : (i) Types of capital (ii) Sources of capital 5.2 (i) Evaluation of Capital Expenditure Proposals from given cash flow Concept of Present Value. (ii) Techniques of appraisal of investment proposal Pay back period method, Average Rate of Return Method, Net Present value method Profitability Index method. Concept of MIS Reports in Computer Environment. 6.1 Concept of MIS, Need for MIS, characteristics of MIS, Role of MIS, problems in MIS, Knowledge required for studying MIS. 6.2 MIS and Business, MIS and Computer.

2.

3. 4. 5.

6.

List of books for reference : 1. Cost & Management Accounting. Ravi M. Kishore. Taxmann 2. Essential of Management Accounting. P.N. Reddy. Himalaya. 3. Advanced Management Accounting. Robert S. Kailar. Holl 4. Financial Management Accounting. S.R. Varshney. Wisdom 5. Introduction of Management Accounting. Charles T Horngren. Pearson Education

40

BUSINESS MANAGEMENT MANAGEMENT AND ORGANISATION DEVELOPMENT (MOD) : PAPER - I

I. Introduction a. Management Definition and characteristics b. Management as a science as an art as a profession Levels of management and managerial skills c. Evolution of Management Thought d. Schools of Management Scientific Approach Administrative School Behavioural School Systems Approach Contingency Approach e. Functions of Management in Business Organization Planning a. Nature, characteristics, merits and limitations of planning b. Classification and components of plans c. Decision making and problem solving meaning, importance and steps d. Planning process e. Essentials of a good plan f. Management by objectives (MBO) Organization a. Definition and Principles b. Formal and informal organizations c. Departmentation d. Span of control e. Authority, responsibility and accountability f. Delegation of authority and decentralization g. Formal Organisations Line Functional Line and staff Matrix Committees h. Informal Organizations relevance and importance i. Organization charts-types and their importance Staffing a. Estimation of human resource requirement b. Human Resource Management Job Analysis Recruitment and selection Training and Development Performance Appraisal 41

II.

III.

IV.

c.

Motivating Theories of Motivation Maslows theory Herzbergs theory McGregors theory Financial and non-financial motivators

V.

Directing a. Communicating Communication process Barriers to communication b. Leading Leadership Styles Qualities of a good leader Leadership in teams Coordinating a. Meaning and importance Controlling a. Definition and steps in controlling b. Control Techniques c. Requirements of an effective control sytem Contemporary issues in Management a. Change management b. Time management c. Organization Development Meaning, importance and methods.

VI.

VII.

VIII.

List of books for reference : 1. Essentials of Management by Koontz and Weihrich / McGraw Hill 2. Principles of Management by Koontz and Weihrich / McGraw Hill, New Delhi 3. Principles of Management : Theory and practices by Sarangi S. K. VMP Publishers and Distributors 4. Guide to Management Ideas by Tim Hindle, The Economist 5. Principles of Management by Terry G. R. AITBS 6. Business Organisation and Principles of Management by Dutta Choudhary, Central Education. 7. Principles of Management, Daver Rustoms, Crown 8. Principles of Management, Tripathi P. C. Tata, McGraw Hill, New York 9. Management Theory and Practice by Dale, Ernest / McGraw Hill, New York 10. Practice of Management by Peter Drucker / Allied Publisher, New Delhi 11. Management by Ricky W Griffin / Houghton Mifflin Company 12. Management by Gary Dessler / Prentice Hall 13. Management by Stephen Robbins, Mary Coulter / Prentice Hall. 14. Management by James Stoner, Edward Freeman / Prentice Hall.

42

BUSINESS MANAGEMENT FINANCIAL MANAGEMENT : PAPER - II

1. Nature of Financial Management : a) Meaning and definition b) Scope of Financial Management c) Functions of Finance d) Objectives of Financial Management Study of Financial Statements a) Meaning and Definitions b) Purpose and objectives of Financial Statements c) Preparation of financial Statements - Balance Sheet and Revenue statements d) Statutory Requirements for constructing financial statements by limited companies e) Limitations of Financial Statements f) Relationship between items of Revenue statements and Balance sheet Study of Financial Statements ( Comparative Statement, Common size Statement, Trend Analysis) a) Parties Interested in the Financial Statements. b) Objectives and Purposes of Financial Analysis and Interpretation c) Relation between Analysis and Interpretation. d) Steps involved in the Analysis of Financial Statements Ratio Analysis a) Ratio Analysis - Meaning and definition b) Different modes of expressing an Accounting Ratio c) Comparison by Ratios d) Objectives of Ratio Analysis e) Classification of Ratios i) Traditional classification ii) Functional classification iii) Classification from the viewpoint of Users f) Compilation of Ratios i) Balance Sheet Ratios Current Ratio Liquid Ratio Proprietary Ratio Stock-working Capital Ratio Capital Gearing Ratio Debt Equity Ratio ii) Revenue Statement Ratios Gross Profit Ratio Operating Ratio Expense Ratios Net Profit Ratio Stock Turnover Ratio

2.

4.

43

iii)

g) h) 5.

Combined Ratios Return on Capital Employed Return on Proprietors Funds Return on Equity Share Capital Debtors Turnover Ratio (Debtors Velocity) Uses of Accounting Ratios Limitations of Ratio Analysis

b) c) d) 6.

Sources of Finance a) Classification of Sources of Finance i) According to period ii) According to ownership iii) According to Source of generation Internal Financing Loan Finance Choice of Securities Statement of Sources and Application of Funds a) Nature and Meaning of Funds b) Concept of Flow c) Purposes of Funds Flow Statements d) Difference between Funds Flow Statements and Income Statements e) Preparation of Funds Flow Statements i) Calculation of Funds from Operations. ii) Schedule of Changes in Working Capital or Statement of Changes in Working Capital iii) Format of Funds Flow Statement f) Uses of Funds Flow Statement g) Limitations of Funds Flow statements Capital Budgeting 1) Meaning 2) Importance 3) Evaluation techniques - DCF, NPV. Profitability index. Pay-hack method, IRR (Practical problem to be asked only on NPV and Pay-back) Working Capital a) Importance of Working Capital b) Working Capital cycle c) Classification Working Capital Gross and Net Working Capital Permanent and Variable Working Capital Positive and Negative Working Capital Cash and Net Current Assets concept of Working Capital d) Factors determining Working Capital requirements e) Management of Working Capital f) Statement showing the requirement of Working Capital Receivable Management a) Meaning and Importance b) Aspects of Receivable Management c) Credit Policy d) Credit Evaluation e) Credit granting decision f) Control of Accounts receivables 44

7.

8.

9.

10.

Cash a) b) c) d) e) f) g)

h) i) j) k) l) m) n) o) p) 11.

and Marketable Securities Management Motives of Holding Cash Aspects of Cash Management Speeding up collections Optimal Cash Balances Options for Investing Surplus Cash Cash Management Models Marketable Securities i) Meaning ii) Selection Criteria Money Market Instruments Treasury Bills (T. bills) Repurchase Agreements (REPOS) Certificate of Deposits (CDs) Commercial Paper (CPs) Corporate Debentures and Bonds Bankers Acceptances Inter-Corporate Deposits Bills Discounting

Basic Principles of Cost Accounting Introduction - Meaning and definitions Concept of Cost Centre and Cost Unit Financial and Cost Accounting Classification of Cost Determination of Total Cost Non-cost items Cost sheet

12. Marginal costing Meaning, Features, Advantages and Limitations of marginal costing Concept of profit Contribution Absorption vs. marginal costing Profit / volume ratio Break even point Margin of safety Break even chart Angle of incidence Cost volume profit analysis Key factor Application of marginal costing

List of books for reference : 1) Financial Management - James C. Van Horne 2) Financial Management - by I. M. Pandey 3) Financial Management - by Prasanna Chandra 4) Financial Management - by S. C. Kucchal 5) Principles of Management Finance - by Lawrence J. Gitman, Harper 6) Financial Management - by Ravi Kishore 7) Techniques of Financial Analysis - Ekrich A Helfert, Donjone's

45

RELATED APPLIED COMPONENT PAPER

MARKETING MANAGEMENT : PAPER - III
1. Marketing Management- Definition-need and importance-core concepts-need, wants, demand, value, satisfaction, exchange and transaction-supply chain-customer satisfaction-retention-case studies Current Marketing Environment in India with special reference to Liberalization, Globalization and Privatization- economic environment-demographic-technological - natural - political - socio cultural. Change in market practices- e-marketing -global marketing- case studies Product Positioning - meaning - importance - strategies product life cycle marketing strategies - total offering of a product- case studies Promotion Mix- Meaning- objectives- elements-factors influencing-promotion strategy- case studies Pricing- meaning-objectives-methods-strategies- case studies Sales Forecasting- meaning- importance - methods analyzing consumer markets and buyer behaviour- buying decision process - organizational buying behaviour Strategic Marketing Process - Meaning- importance - steps - corporate mission - SBU - BCG model - SWOT analysis strategic formulation - strategic alliances - implementation - feedback and control Dealing with Competition - competitive forces - identifying competitors - designing competitive strategies- case studies Services Marketing - meaning- characteristics of services and their marketing implications strategies for service firms - managing service quality - managing productivity - managing product support services - marketing mix for service marketing Rural Marketing - meaning - current Indian rural market scenario - scope - difficulties - strategies to cope up- case studies

2.

3.

4. 5. 6.

7.

8.

9.

10.

List of books for reference : 1) Philip Kotler (2003) Marketing Management : Eleventh Edition, New Delhi : Pearson Education 2) V. S. Ramaswami and S Namakumari (2002) Marketing : Planning, Implementation and Control (3rd Edition) New Delhi, Macmillan India 3) Michael Porter Competitive Advantage 4) Theodore Levitt Marketing Management 5) Fundamentals of Marketing William Stanton 6) Philip Kotler and Keller (2003) Marketing Management : 12th Edition, New Delhi : Pearson Education 7) Customer Driven Services Management (1999) Response Books.

46

APPLIED COMPONENT SUBJECTS AT T. Y. B. COM.

EXPORT MARKETING
1. Introduction to Export Marketing Meaning and features of Export Marketing - Importance of Exports for a nation and a firm- Difference between domestic marketing and export marketing- Motivations for export marketing - Present problems faced by Indian exports - Trends in World Trade - the sunrise exports, review of Services Export, Composition and Direction of India's Export trade since 2000, Reasons for India's poor share in world trade. 2. International Marketing Meaning, trade barriers- tariffs and non-tariffs- WTO and its implications on International Marketing with reference to agreements : TRIPS, TRIMS, GATS, Agreements on Agriculture and its implications on developing Nations- Regional Economic Groupings - Implication of Trade blocs for International MarketingMajor regional economic grouping - EU, NAFTA, ASEAN, SAARC- Global System of Trade Preferences among Developing Countries (GSTP) 3. Preliminaries for Starting Export Business Overseas market research - Identifying foreign markets- factors for selecting foreign markets - Products planning strategies for export- New product development Process- International Product Life cycle- Methods of entry in foreign markets- Channels of Distribution in export markets- Warehousing and its Case Studies. 4. Export Marketing and Promotional Organizations in India Export Marketing Organisation - Export Promotion Organisations- Export Promotion Councils- Commodity Boards- MPEDA- APEDA- FIEO- IIFT- National Council for Trade Information (NCTI)- ITPO- EIC- IIPICA- Department of Commercial Intelligence and Statistics- Directorat General of Foreign Trade- Chamber of Commerce- STPs- EOUs- SEZs- Sales in DTA- Incentives to nits in SEZs-Contributor of SEZs in India's exports. 5. Foreign Trade Policy (FTP) Main objective- Highlights of FTP 2009-2014- Special Focus Initiative- Towns of Export Excellence- Eligibility Criteria for Export Houses/ Star Export Houses/ Trading Houses / Star Trading Houses / Premier Trading Houses- Privileges of Export and Trading House Status Holders- Negative list of exports. 6. Export Pricing Factors determining export price- Basic data required for export pricing decisions, Marginal cost pricingExport Pricing Strategies- Main Export Pricing Quotations- Break even point- Simple problems on FOB Pricing 7. Export Finance Meaning and types of export finance- Features of Pre-shipment and Post-shipment Finance- Role of Commercial banks, EXIM bank, SIDBI and ECGC in Export Finance scheme of EXIM bank- Methods of payment used in international trade- Terms of Payment an factors determining payment terms- Letter of Credit- Procedure for opening L/C, Parties involved, Important types of L/C. 8. Export Procedure Stages in export procedure- Excise clearance procedure- Role of Custom House Agents (CHA)- Shipping and Customs formalities- Marine Insurance- Negotiation of Export Documents- Realization of Export Proceeds- ISO Certification- Procedure for obtaining ISO Certification. 47

9. Export Documentation Main documents used in export trade and their importance in export trade- Commercial Invoice- Shipping Bill- Certificate of Origin- Consular Invoice- Mate's Receipt- Bill of Lading- GR Form. 10. Export Assistance and Incentives Main export incentives extended to Indian exporters by the Indian government- Duty Drawback- EPCG Scheme- MDA- MAI- DEPB Scheme- Deemed Exports- ASIDE- Other incentives available to Indian exporters. List of books for reference : 1. International Marketing- P K Vasudeva- Excel Books, New Delhi. 2. International Marketing Management- An Indian Perspective- R.L.Varshney & B.Bhattacharya, Sultan Chand & Sons, New Delhi. 3. Foreign Trade Policy 2009-14, Government of India, Ministry of Commerce and Industry.

MARKETING RESEARCH
Unit I - Introduction to Marketing Rsearch Marketing Research - Definition and Growth - Marketing Information System and Marketing Research Growing importance of Marketing Rsearch - Advantages and Problems of Marketing Research Liberalisation and Marketing Research. Unit II - Branches of Marketing Research Importance - Components with reference to Product Research, Price Research, Placing Researcgh, Promotion Research, Sales and Advertising Research, Consumer's Research, Test Marketing - Shop Audit, Research for Marketing Events. Unit III - Methods of Conducting Marketing Research Desk Research - Field Investigation - Observation - Garbage Analysis - Experimentation - Consumer Panel - Shop Audit. Unit IV - Techniques of Conducting Marketing Research a. Detailed study of steps involved in Marketing Research - Population - Sampling - Methods of Sampling - Comparative study of Methods of Sampling. b. Sources of Collection of data - Primary Sources - Secondary Sources - Comparative Advantages and Disadvantages - Methods of Collecting Primary and Secondary Data - Questionnaire - Pilot and Final Questionnaire - Types of Questions - Why Test - Advantages of Questionnaire. c. Data Processing - Editing - Classification - Tabulation - Interpretation - Use of Popular Statistical Methods - SPSS - Technology in Data Processing. d. Reporting - Types - Contents - Essentials - Significance. Unit V - Organising Marketing Research Activity Separate Research Department - Professional Agencies - Advantages and Limitations - Professional Marketing Research Agencies in India. Comparative Study between Owned and Hired Marketing Research activities. Unit VI - Rural Marketing and Marketing Research Features of Rural Market - Factors contributing to the growth of Rural Marketing - Significance of Marketing Research in Rural Marketing. Unit VII - Current Issues Profile of Marketing Research in Commodity Marketing - Financial Security Marketing - Service Marketing - International Marketing Professional Standards in Marketing Research - Ethics - Social Responsibility in Marketing Research. 48

List of books for reference : 1. Marketing Research - G. C. Beri, Tata McGraw, Hill Publishing Com. Ltd. New Delhi 2. Modern Marketing Research, Prof. M. N. Mishra, Himalaya Publishing House 3. Marketing Research, David J. Luck, Ronald S. Robin 4. Research Methodology, R. Panneerselvam, Prentice - Halls of India Pvt. Ltd. New Delhi 5. Research Methodology in Social Sciences, Prof. Dr. D. G. Girdhari, Uday Publication, Aurangabad 6. Marketing Management, Philip Kotler

DIRECT & INDIRECT TAXATION

Section - I Direct Tax - Income Tax
1. Basic Terms (S : 2, 3, and 4). Assessee. Assessment Assessment year Annual value Business Capital Assets Income Person Previous year Transfer Scope of Total Incovme (S : 5) Residential Status (S:6) Heads of Income (S: 14; 14A) a. Salary (S : 15 to 17). b. Income from House Properties (S : 22 to 27). c. Profit & Gain from Business (S:28, 30, 31, 32, 35, 35D, 36, 37, 40, 40A & 43B). d. Capital Gain (S: 45, 48, 49, 50, 54). e. Income from Other Sources (S: 56 to S: 59) Exclusions from Total Income (S: 10) Exclusion related to specified heads to be covered with relevant head, e.g. Salary, Business Income, Capital Gain, Income from Other Sources. 4. 5. Deduction from Total Income : S 80C, 80CCC, 80D, 80DD, 80E, 80U Computation of Total Income for Individual.

2. 3.

Section - II - Indirect Taxes

1. Service Tax : 1.1 Basic Terms Taxable Service Input Service Output Service 1.2 Provision Related to some important services : Practicing Chartered Accountants Business auxiliary Commercial Training and Coaching Renting of immovable property Mandap Keeper Works Contract. 49

1.3

Other Important aspects Computation of tax of above Taxable Services (Incl. Abatements) Service Tax & Cess Payable CENVAT Credit related to Service Tax (Only Basic Principles) Registration & Returns.

2.

MVAT 2.1 Definitions Section : 2(4) Business 2(8) Dealers 2(12) Goods 2(13) Importer 2(15) Manufactuer 2(20) Purchase Price 2(22) Resale 2(24) Sales 2(25) Sales Price 2(27) Service 2(33) Turnover of Sales & Rule 3. 2.2 Incidence of Levy of Tax : Sec 3. Incidence of Tax Sec 4. Tax Payable Sec 5. Tax Not Leviable on Certain Goods Sec 6. Levy of Sales Tax on goods specified in the schedule Sec 7. Rate of tax on Packing Material Sec 8. Certain Sale & Purchase Not liable for Tax. Payment of Tax and Recovery : Section : 42 - Composition of Tax & Notification 1505 / CR-105 / Taxation-1. Set Off, Refund etc. Section 48 & 49 Set Off. Refund etc. along with rules 52, 53, 54 & 55.

2.3

2.4

Notes : 1. The Syllabus is restricted to study of specified sections, specifically mentioned rules and notifications only. 2. All Topics include Computational problems / Case Study. 3. The Law in force on 1st April immediately preceding the commencement of Academic year will be applicable for ensuing Examinations. List of books for reference : 1. Students guide to Income Tax. V.K. Singhania. Taxmann 2. Systematic approach to Income Tax. Ahuja & Gupta. Bharat Law Publication 3. Income Tax. T.M. Manorahan. Snow White 4. Direct Tax ready Reckoner. N.V. Mehta. Kuber Publication 5. Indirect Taxes. V.S. Datey. Taxmann 6. Service Tax. S.S. Gupta. Taxmann 7. Commentary on M.V.A.T. ACT, 2002. M.S. Mathuria & Dilip Phadke. Maharashtra Sales Tax Vol. News 8. Indirect Taxes. V.S. Balchandra. Sultanchond 9. Direct Taxes. B.B. Lal and N. Vashishta. Pearson Education 50

INVESTMENT ANALYSIS & PORFOLIO MANAGEMENT

1. 2. 3. 4. 5. 6. 7. 8. Introduction to Portfolio Management Time Value of Money Security Market Spectrum of Investments or Investments Avenues Variables for Investment Decision Fundamental Analysis (Economy, Industry, Firm) Valuation of Equity Shares Portfolio Mix a) Traditional Theory b) Modern Portfolio Theory i) Evaluation of Risk & Return ii) Random Walk Theory iii) Capital Assets Primary Model iv) Efficient Market Hypothesis c) Flexible Model on Portfolio Assets allocation & Portfolio Design Taxes & Investments Evaluation of Portfolio Performance Investment decision, Practical Aspects : i) Blue Chips ii) Growth Stocks iii) Personal Investments iv) Institutional Portfolio v) Investment Counselling vi) Investment Abroad vii) N.R.I. Investments/Action Guideline

9. 10. 11. 12.

List of books for reference : 1. Portfolio Management, Sarin Barua 2. Portfolio Management, J. R. Varun 3. Portfolio Management, V. Raghunathan 4. Investment Game, Prasanna Chandra

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COMPUTER SYSTEM AND APPLICATIONS

Unit I : Data Communication , Networking and Internet (a) Data Communications Components, Data representation, Distributed processing (Concepts only) (b) Network Basics and Infrastructure i. Definitions, Types (LAN, MAN, WAN) Advantages. ii. Network Structure - Server Based, Client server, Peer to Peer iii. Topologies - Star, Bus, Ring iv. Network Media, Wired and Wireless v. Network Hardware : Hubs, Bridges Switches, Routers vi. Network Protocols - TCP/IP, OSI Model (c) Internet I. Definition, Types of connections, Sharing internet connection, Sharing internet II. Services on net- WWW, Email- Blogs III. IP addresses, Domain names, URLs IV. Searching Directories, Search engines, Boolean search (AND, OR, NOT) V. Advanced search, Meta Search engines. VI. E-mail - POP-SMTP accounts in Email, Different parts of an Email address. VII. Receiving and sending emails with attachments by scanning attachments for viruses. Unit II : E-Commerce a) Definition of E-commerce b) Features of E-commerce c) Types of E-commerce (B2C, B2B, C2C, P2P) d) Business Models in E-Commerce (Advertising, Subscription, Transactional Sales Revenue, affiliate Revenue) e) Major B2C models (Portal, Etailer, Content Provider, Transaction Broker, Market Creator, Service provider, Community provider). f) E-Commerce Security: Integrity, Non repudiation, Authenticity, Confidentiality, Privacy Availability g) Encryption : Definition, Digital signatures, SSL h) Payment Systems : Digital Case, Online stored value, digital accumulating balance payment, Digital credit accounts, digital checking. i) How an Online credit card transaction works. SET protocol. j) Limitations of E-commerce. k) M-Commerce (Definition and Features) Unit III : Database and SQL 1) Introduction to Databases, Relational and Non relational database, SQL as a Non-procedural Language, Views of data. 2) SQL Basics: Statements (Schema Statements, Data statements, Transaction statements, names (table & column names), data types (Char, Varchar, Text, Mediumtext, Longtext, Smalltext, Biginit, Boolean, Decimal, Float, Double, Date Time, Time Stamp, Year, Time, Creating Database, inserting data, Updating data, Deleting data, expressions, built in functions, missing data (NULL and NOT NULL, DEFAULT values), CREATE, USE, ALTER (Add, Remove, Change columns), RENAME, SHOW, DESCRIBE (CREATE TABLE, COLUMNS, STATUS AND DATABASES only) and DROP (TABLE, COLUMN, DATABASES statements), PRIMARY KEY, FOREIGN KEY (One and more columns), Simply Validity checking using CONSTRAINTS. 3) Simple queries : The SELECT statement (From, Where, Group By, Having, Order B, Distinct, Filtering Data by using conditions. Simple and complex conditions using logical, arithmetic and relational operators (=, !=, <,>,<>,AND, OR, NOT, LIKE, BETWEEN) 4) Multi-table queries : Simple joins (INNER JOIN), SQL considerations for multi-table queries (table aliases, qualified column names, all column selection, self joins). 52

5)

Nested Queries (Only upto two levels) : Using sub queries, sub query search conditions, sub queries & joins, nested sub queries, correlated sub queries, sub queries in the HAVING clause. Simple Transaction illustrating START, COMMIT, and ROLLBACK.

UNIT IV : Introduction to C Programming 1) Introduction: c-character set, reserved words, identifiers, c-data types, c-type modifiers, constants, variables, expressions, operators (unary, binary, relational, logical), c-assignment statements, operator precedence, concept of header files (stdio.h.math.h, conio.h only). 2) Simple programming concepts: Form of a c-program, printf() (%d, %f, %c, %s, %lf, %ld), scanf(), gets(), getchar(), puts(), putchar), getch(), getche(), putch(), pow(), sqr(), clrscr(); storage class specifiers. Preprocessor directive # include<> 3) Control statements: If else, for, while, do while, switch, break, continue. 4) Arays: Concepts of one dimensional array (character and integer), sorting array of numbers, printing array of numbers.

OR
Unit IV : VISUAL BASIC a) Introduction to Visual Basic, Introduction Graphical User Interface (GUI), Programming Language (Procedural, Objects Oriented, Event Driven), Writing VB projects, The Visual Basic Environment, Finding and fixing errors [Chapter 1 of 19] b) Introduction to VB Controls : Textboxes, Frames, Check Boxes, Option Buttons, Images, Setting a Border & Styles, The Shape Control, The line Control, Working with multiple controls and their properties, Designing the User Interface, Keyboard access keys, Default & Cancel property, tab order, Coding for controls using Text, Caption, Value property and Set Focus method [Chapter 2 of 19] c) Variables, Constants, and Calculations : Variable and Constant, Data Types (Boolean, Byte, String, Integer, Currency, Single, Double, Date), Naming rules/ conventions, Constants (Names & Intrinsic), Declaring variable, Scope of variables, Val Function, Arithmetic Operations, Formatting Data [Chapter 3 of 19] d) Decision and Condition : Condition, Comparing numeric variables and constants, Comparing Strings, Comparing IF Statement, IF, then-else statement, Nested IF Statements, LCase and UCase function, Using IF statements with Option Buttons & Check Boxes MsgBox (Message Box) statement Input Validation : IsNumeric function. Planning the project [Chapter 4 of 19] e) Menus, Sub-Procedures and Sub-functions, Defining / Creating and Modifying a Menu, Using common dialog box, Creating a new sub-procedure, Passing Variables to Procedure, Passing Argument By Val or ByRef, Writing a Function Procedure [Chapter 5 of 19] f) Lists, Loop and Printing: List Boxes and Combo Boxes Do/Loop, For/Next Loop Functions: MsgBox with multiple buttons, Strings Sending information to the printer using Printer.Print, Printer New Page, Printer.EndDoc methods. [Chapter 7 of 19]

53

Unit V : Spreadsheet a) Creating and Navigation worksheets and adding information to worksheets i. Types of data, entering different types of data such as texts, numbers, dates, functions. ii. Quick ways to add data, Auto complete, Autocorrect, Auto fill, Auto fit, Undo and Redo. iii. Moving data, contiguous and non contiguous selections, Selecting with keyboard, Cut-copy Paste, Adding and moving columns or rows, Inserting columns and rows. iv. Find and replace values. Spell check. v. Formatting Cells, Numbers, dates, times, Font, Color, borders, fills. b) Multiple spreadsheets i. Creating and Using templates ii. Creating and linking multiple spreadsheets iii. Adding, removing, hiding and renaming worksheets. iv. Add headers/ Footers to a Workbook, page breaks, previews. v. Creating formulas, inserting functions, cell references, Absolute, Relative (within a worksheet, other worksheets and other workbooks), logical operators. vi. Creating and using named ranges c) Functions i. Financial functions : FV, PV, PMT, PPMT, IPMT, NPER, RATE, NPV, IRR. ii. Database functions LOOKUP, VLOOKUP, HLOOKUP iii. Conditional Logic functions IF, COUNTIF, SUMIF iv. Mathematical and statistical functions. ROUND, ROUNDDOWN, ROUNDUP, CEILING, FLOOR, INT, MAX, MIN, MOD, SORT v. ABS, AVERAGE vi. Date functions. TODAY, NOW, DATE, TIME, DAY, MONTH, YEAR, WEEKDAY, DAYS360 d) Data Analysis i. Sorting, filter with customized conditional, subtotal ii. The Graphical representation of data iii. Pivot Tables- Building Pivot Tables, Pivot table regions, Rearranging Pivot Table. List of books for reference : Unit I : Data Communication, Networking and Internet 1. Data Communications and Networking by Behrouz A Forouzan 2. Introduction to Computers - Peter Norton, Tata McGraw Hill. Unit II : E-Commerce 3. E-Commerce - Kenneth Laudon Carol Traver, Pearson Education 4. Frontiers of Electronic Commerce - Kalakota & Whinston 5. E-Commerce - Rajaram 6. E-Commerce - Whitley 7. E-commerce concept and cases - Rao and Deshpande. Unit III : Database and SOL 8. Fundamentals of Database Systems, Elmasri, Navathe, Somayajulu, Gupta 9. Database Systems and Concepts, Henry F. Korth, Silberschatz, Sudarshan,McGeaw Hill 10. DBMS by Date

54