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INTERNATIONAL COLLEGE FOR GIRLS SFS, GURUKUL MARG, MANSAROVAR, JAIPUR

Course of Study

for

M.Com.

(Accounting & Taxation/Business Studies/Financial Studies specialization)

(2009-10 & 2010-11)

I Semester Examination November 2009

II Semester Examination April 2010

III Semester Examination November 2010

IV Semester Examination April 2011

Syllabus applicable for the students seeking admission to the M.Com. degree

Course in the academic year 2009-10

M.Com. (Business Studies)

2009-10 & 2010-11

Course Structure

Session 2009-10

Semester-I (Common for all students)

Sr. Paper nomenclature Paper code

1. Taxation Law & Practice MCM-121

2. General Management-I MCM-122

3. Economic Analysis-I MCM-123

4. Research Methodology-I MCM-124

Semester-II (Common for all students)


1. Management Accounting MCM-221

2. General Management-II MCM-222

3. Economic Analysis-II MCM-223

4. Research Methodology-II MCM-224

Session 2010-11

Semester-III

(Accounting & Taxation specialization)


1. Corporate Accounting MCM-321 A

2. Indirect Tax Laws-I MCM-322 A

3. Operation Research & Quantitative Techniques MCM-323 A

4. Cost & Management Audit MCM-324 A

5. Dissertation (Synopsis preparation) MCM-325 A

(Business Studies specialization)


1. Retail Management-I MCM-321 B

2. Organization behavior-I MCM-322 B

3. Business Environment-I MCM-323 B

4. Rural Marketing-I MCM-324 B

5. Dissertation (Synopsis preparation) MCM-325 B

(Financial Studies specialization)


1. Indian Financial System-I MCM-321 F

2. Foreign Exchange Management-I MCM-322 F

3. Indian Economy-I MCM-323 F

4. Financial Market & Services-I MCM-324 F

5. Dissertation (Synopsis preparation) MCM-325 F

Semester-IV

(Accounting & Taxation specialization)


1. Advanced Financial Accounting MCM-421 A

2. Indirect Tax Laws-II MCM-422 A

3. Tax Planning MCM-423 A

4. Cost Analysis & Control MCM-424 A

5. Dissertation (Thesis presentation) MCM-425 A

(Business Studies specialization)


1. Retail Management-II MCM-421 B

2. Organization behavior-II MCM-422 B

3. Business Environment-II MCM-423 B

4. Rural Marketing-II MCM-424 B

5. Dissertation (Thesis presentation) MCM-425 B

(Financial Studies specialization)


1. Indian Financial System-II MCM-421 F

2. Foreign Exchange Management-II MCM-422 F

3. Indian Economy-II MCM-423 F

4. Financial Market & Services-II MCM-424 F

5. Dissertation (Thesis presentation) MCM-425 F

Semester-I (2009-10)

Department of Accounting & Taxation

Course: M.Com (I Semester)

Paper-: Taxation Law & Practice

Code: (MCM-121)

Total Number of Lectures Allocated: 45

Time: 3 Lecture Hours/Week Objective-The Objective of this course is to gain knowledge of Wealth Tax and Corporate Tax and their

application

Credit-3

Unit Content No of

Lectures

I Wealth Tax Act and Rules: Definition of Wealth Tax, Charge and Scope

of Wealth Tax, Deemed Assets, Exempted Assets, Valuation of Assets as

per wealth tax act

09

II Computation of Net Wealth and Wealth Tax, Procedure of Assessment,

Liability for Assessment in special cases, Appeals, Revisions and

References, Payment , Recovery and Refund of Wealth Tax.

09

III Assessment of Companies- Detailed Study of Income Tax law and rules

with reference to assessment of companies. Computation of Tax Liability.

Assessment Procedure.

Assessment of Fringe Benefits

09

IV Assessment of Co-Operative Societies- Detailed Study of Income Tax law

and rules with reference to assessment of Co-Operative Societies.

Computation of Tax Liability. Assessment Procedure.

09

V Assessment of Non- Residents& Charitable Trust- Detailed Study of

Income Tax law and rules with reference to assessment of Non-Residents

and Charitable Trust. Computation of Tax Liability. Assessment Procedure.

09

Essential Readings: 1. Professional Approach to Direct Taxes- Girish Ahuja& Ravi Gupta( Bharat Law House Pvt Ltd, New Delhi

2. Wealth Tax and Corporate Tax- Patel, Chouduhary, Sharma, Modi, Bardiya(Choudhary Praskashan)

3. Income Tax and Central Sales Tax- B.B Lal, N Vashisht (Peasosn Educatio)

Reference Books 1. Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd

2. Direct Tax Law and Practice- V.K Singhania (Taxmann Publication, New Delhi)

3. Law and Practice of IncomeTax, Mr Dinkar Pagare, (M/S Sultan Chand& Sons)

4. Income Tax for Students-Sharad Bhargav, (Mashbara Industries)

5. Income Tax; Law and Accounts:- H.C Mehrotra(Sahitya Bhawan)

Note- The candidate shall be permitted to use battery operated pocket calculator that should not

have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

Department of Business Studies

Course: M.Com (Semester-I)

Paper- 2: General Management-I

Code: (MCM 122)


Time: 3 Lecture Hours/Week

Unit Contents Lectures

I Management: Concept, Meaning, Nature, Scope, and

significance, Principles of Management, Management

Functions, Roles and Skills of a manager

09

II Development of Management Thought: (Brief study)

Management in ancient civilizations, Management during the

Medieval Period, Management during Industrial Revolution,

The Period of Systematic Development of Management

Schools of Management Thought

09

III Planning: Concept, Types and Process; Principles of

Planning, MBO

Decision Making: Types and process

09

IV Organizing: Concept, Types, Process and Principles, Various

forms of Organizational structures and their merits-demerits,

Formal and informal Organization, merits and demerits.

09

V Authority and Responsibility, Delegation of Authority, Span

of control, Centralization and Decentralization 09

Essential Reading: 1. Koontz and Wechrich H, Essentials of Management, Tata McGraw-Hill, New Delhi.

2. Stoner, Freeman, and Gilbert, Management, Prentice Hall of India, New Delhi.

Reference books: 1. Terry and Franklin, Principles of Management, Prentice Hall of India, New Delhi

2. Mathew, M. J., Business Management, Sheelsons, Jaipur

3. Sudha, G.S., Business Management, RBSA Publishers, Jaipur

Department of Financial Studies

Course : M.Com. (Prev.)- (I Semester)

Paper Title: Economic Analysis - I

Paper Code : MCM 123


Credit :

Objective

The objective of this course is to acquaint the students with concepts and techniques used in

economic theory and to enable them to apply this knowledge in business decision-making.


I

Micro Economics: Meaning and Definition, Types of Micro

Economic Analysis. Role of Micro and Macro Economic Analysis in

Formulation of Business Policy. Difference and Inter Dependence of

Micro and Macro Economics.

07

II

Indifference curve Approach: Meaning, Assumptions, Properties

of Indifference curves. Budget Line. Consumer Equilibrium- Price,

income and substitution effect. Giffen’s Paradox.

10

III

Cost Analysis: Real cost, Opportunity cost, Money cost, Explicit

and Implicit cost. Short run cost curves and Long run cost curves 10

IV

Law of Production- Meaning of Production, Law of Variable

Proportions, Returns to scale, Production and Equal product curves

(Isoquants) Least cost combination.

Revenue analysis: Concept and types

8

V

Market: Meaning, Characteristics of Market.

Price and Output determination under: Perfect Competition,

Monopoly, Discriminating Monopoly, Monopolistic Competition.

10

Essential Reading • Somdeo, Business Economics, RBD, Jaipur

• Mathur, N.D, Business Economics, Shivam Publication, Jaipur

• Baumol, W J. Economic Theory and Operations Analysis.3rd

ed,New Delhi, Prentice Hall 1996

References books: • Dwivedi D.N, Managerial Economics, Vikas Publications, Delhi

• Koutsoyiannis, Modern Economics, New York, Macmillan,1991

• Keat Paul G &K.Y.Young, Managerial Economics, Prentice Hall, New Jersey


Course: M.Com (I Semester)

Paper-: Research Methodology-I

Code: (MCM-124)



Objective

To understand the types, tools and methods of research and develop the ability to construct data

gathering instruments appropriate to the research design


I Research: Definition and concept of research,

objectives of research, importance of research.

Types of Research- Descriptive vs Analytical,

Applied vs Fundamental, Quantitative vs

Qualitative, Conceptual vs Empirical, Historical,

Longitudinal Research.Research Approaches,

Significance of Research.

09

II Research Design: Meaning, Need and

Characteristics of a good research design.

Identification of a Research problem. Selection of a

Research problem.

Hypothesis- Purpose, Characteristics, Types and

Criteria of Hypothesis.

09

III Data gathering instruments: Observation,

Interview, Questionnaires and Schedules, their

construction, Technique of data collection, Scrutiny

of data accuracy of measurements, testing of a

questionnaire.

Scaling Techniques: Purpose of scaling

techniques, Types of scales- Nominal, Ordinal,

Interval and Ratio scales.

09

IV Statistics- Meaning, Importance, Limitations,

Classifications and Tabulation of data, Variables-

Meaning and Concept, Types of Variables.

Frequency Distributions and Cumulative Frequency

Distribution,

Measure of Central Tendency- Mean, Median

and Mode, Geometric and Harmonic Mean their

Properties, Merits and Demerits.

Measure of Dispersion- Range, Quartile

Deviation, Mean Deviation and Standard

Deviation, Coefficient of Variation.

Skewness : (their absolute and relative measures)

09

V Correlation Analysis- Definition and Concept,

types and measures of studying Correlation (Karl

Pearson’s coefficient of correlation, its

09

assumptions, properties, merits and demerits,

Spearman’s Rank correlation & Con-Current

Deviation Method)

Regression Analysis- Definition, Concept, Uses

and Properties. Least Square Method, Regression

Coefficients, Fitting of Regression lines.

Essential Reading: 1. Badarkar, P.L. and Wilkinson T.S. (2000), Methodology and Techniques of Social Research, Himalaya

Publishing House, Mumbai

2. Kothari , C.R.( Second Edition), Research Methodology- Methods and Techniques, Wishwa Publication, New

Delhi.

Reference books: 1. Bhatnagar, G.L., Research Methods and Measurements in Behavioural and Social Sciences, Agri. Cole

Publishing Academy, New Delhi, 1990.

2. Dwivedi, R.S.(1997), Research Methods in Behavioural Sciences, Macmillan India, Delhi, 1997.

3. Agarwal, J.C., Educational Research- An Introduction, Arya Book Depot, New Delhi.

4. Best, J.W., Research in Education, Prentice Hall of India, New Delhi.

5. Chandra, S.S. and Sharma, R.K., Research in Education, Atlantis Publishers, New Delhi.

Semester-II (2009-10)


Course: M.Com (II Semester)

Paper-: Management Accounting

Code: (MCM-221)



Objective-The objective of this course is to provide the students understanding of application of

accounting for managerial purpose

Unit Particulars No. of Periods

I Introduction: Meaning of Management Accounting,

Functions of Management Accounting, Difference between

cost accounting and management accounting.

Management of Working Capital: Concepts and

Significance, Factors affecting working capital

requirements, Ascertainment of working capital

requirements using Operating Cycle Method, Net Current

Assets or Forecasting Method, Projected Balance Sheet

Method, Salient features of Tandon Committee and Chore

Committee. Ratios relating to working capital. Case Study

of working capital requirement for various industries.

09

II Funds Flow Analysis :Introduction, Concept of Funds,

Need of Funds Flow Statement, Construction of Funds

Flow Statement

Cash Flow Analysis: Introduction, Concept of Cash, Use

of Cash Flow Analysis, Construction of Cash Flow

Statement

09

III Capital Budgeting : Meaning, Importance, Kinds of

Capital Budgeting Decision: Accept, Reject Decision,

Mutually Exclusive Project Decision,

Methods of Ranking Investment Proposals: Traditional

Techniques, Discounted Cash Flow Methods, Limitations

of Capital Budgeting

Cost of Capital: Definition and Meaning, Significance,

Classification, Historical Cost and Future Cost, Specific

Cost of Capital for various Sources of Finance: Cost of

Debt , Cost of Preference Capital, Cost of Equity Capital,

Cost of Retained Earnings, Weighted Average Cost of

Capital

09

IV Financial Statement Analysis and Tool Kit of the

Analyst:

Multi-Step, Horizontal, Vertical and Trend Analyses

and Analytical Balance Sheet: Introduction, Objectives

of Analysis, Multi -Step Income Statement, Horizontal

Analysis, Common Sized Analysis, Trend Analysis,

09

Analytical Balance Sheet

Ratio Analysis: Introduction, Ratio Analysis,

Classification of Ratios, Structure of Discussion of Ratios,

Liquidity Ratios, Solvency Ratios, Resources Efficiency or

Turnover Ratios, Profitability/ Profit Margin Ratios, Du

Point Analysis, Valuation or Capital Market Ratios

V Basic Cost Concept, Cost Sheet,

Cost Volume Profit Analysis: Break-Even Analysis,

Algebraic and Graphic Methods,

Standard Costing and Variance Analysis: Meaning of

Standard Cost and Standard Costing, Advantages,

Limitations and Applications, Variance Analysis- Material,

Labour, Overhead and Sales Variances.

Budgeting and Budgetary Control: Concept of Budget

and Budgetary Control objectives, merits, and limitations,

Functional Budgets, Fixed and Flexible Budgets, Zero

Base Budget.

09

Essential Readings 1. Mangement Accounting-Agrawal, Agrawal(Ramesh Book Depot)

2. Management Accounting-Khan and Jain(Tata Mc Graw Hill)

3. Management Accounting-M.R Agarwal(Malik and Company)

4. Management Accounting: S. K Singh( Sun India Publications)

Reference Books 1. Management Accounting-H.Chakraborty and S. Chakraborty(Oxford University Press)

2. Management Accounting and Financial Analysis-Dr S.N Maheshwari(S.Chand& Sons)

3. Management Accounting- N. Vinayakkam& IB Sinha (Himalaya Publishing House)

4. Advance Management Accounting-R.S Kaplan& A.A Atkinson (Prentice Hall India New Delhi)

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have

more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

Department of Business studies

Course: M.Com (Semester-II)

Paper- 2: General Management-II

Code: (MCM 222)




I Staffing:

Manpower planning, Job analysis-job specification,

job description, Recruitment, Sources of

recruitment, Selection process, Training-objectives

& methods.

09

II Leadership: Functions, Qualities, Leader vs.

manager, Leadership theories- Trait theory,

Situational behavioral theories, Leadership styles

(Autocratic, Democratic, Laissez Faire)

09

III Motivation: Concept, Elementary study of

Motivation theories (Maslow’s-Need hierarchy,

McGregor-X-Y theory, Herzberg-Motivation-

Hygiene theory), Types of motivation, techniques,

essentials of a good motivation plan.

09

IV Coordination: Meaning, types, Principles,

Techniques

Communication: Meaning, Importance, Process,

types, barriers, essentials of effective

communication

09

V Controlling: Nature of control in organizations,

Types of control, Steps in the control process,

Controlling Techniques, Characteristics of Good

Control System, Problems and Limitations of

Control, MBE

09

Essential Reading: 1. Koontz and Wechrich H, Essentials of Management, Tata McGraw-Hill, New Delhi.

2. Stoner, Freeman, and Gilbert, Management, Prentice Hall of India, New Delhi.

Reference books:

1. Terry and Franklin, Principles of Management, Prentice Hall of India, New Delhi

2. Mathew, M. J., Business Management, Sheelsons, Jaipur

3. Sudha, G.S., Business Management, RBSA Publishers, Jaipur


Course : M.Com. (Prev.)- (II Semester)

Paper Title: Economic Analysis - II

Paper Code :MCM 223


Credit :

Objective To explain the advanced concepts of Macroeconomics and various aspects of

consumption, investment function, multiplier concept and business cycle


I

Macro Economics- Meaning, Definition, Nature, Scope, Importance

and Limitations and Types of Macro Economics-Macro Static,

Macro Dynamic and Comparative Static

07

II

Consumption function – Meaning, Properties of Technical

Attributes of Consumption functions, Significance of MPC,

Determination of consumption functions

10

III

Investment functions – Meaning of Capital and Investment, Types

of Investment, Determination of Investment function, Marginal

efficiency of Investment 10

IV

Concept of Multiplier – Working of Multiplier, Assumptions of

Multiplier, Leakages of Multiplier, Significance and Limitation of

Multiplier.

8

V

Business Cycles – Meaning and Nature, Phases of Business Cycle –

Recovery, Propriety, Recession, Depression

Theory of Trade Cycle – Schumpeter Theory and Keynesian

Theory, Criticism

10

Essential Reading 1. Macro Economic analysis - Edward Shapiro, Galgotia Publication, Delhi

2. Macro Economic theory - M.L. Seth, Laxmi Narayan Agarwal, Agra

3. Macro economic Theory – M.C. Vaish,Wishwa Prakashan, New Delhi

4. Macro Economic Theory, H.L.Ahuja, S.Chand & Sons Publication, Delhi

Department of Accounting and Taxation

Course: M.Com- (II Semester)

Paper-Research Methodology-II

Code: (MCM-224)



Objective

To understand the concept of measurement in empirical systems & its validity and reliability . To

use statistical techniques for analysis of research data. To realize the applications of Business

research.To understand the types, tools and methods of research and develop the ability to

analyze data gathered to draw precise and relevant conclusions and write it in the form of a

Research report.


I Concept of Permutation and Combinations

Probability- Basic Concepts, Importance of Concept of

Probability, Theorem of

Probability (Additional Theorem and Multiplication

Theorem), Conditional

Probability, Bayes’ Theorem, Mathematical Expectation

Probability Distribution: Binomial, Poisson’s and

Normal.

09

II Sampling- Meaning of census and sample.

Characterstics of a good sample, Need for sample, Types

of samples based on Probability and Non-Probability

sampling.

Probability Sampling- Idea of Simple Random Sampling,

Stratified and Cluster sampling

Non- Probability Sampling- Purposive and Quota

sampling.

Sampling Distribution and Standard Error. Element

of Testing a Statistical Hypothesis- Formulation of the

problem, Types of Errors. Level of Significance, Test of

Significance for Large and Small samples.

09

III Chi-square test- Chi-square test for population variance.

Chi-Square Test ( as goodness of fit, independence of

attributes using 2x2 and rxc contingency tables).

Non-Parametric Test- Introduction, Advantages of non-

parametric test, The Sign Test, A Rank Sum Test- The

Mann-Whitney U test, The Kruskal Wallis Test or H

Test, The Runs Test for Randomness

09

IV Analysis of Variance- Application of F-test. One-way

and Two-way classification.

Interpolation and Extrapolation: Meaning and

Importance, Assumptions. Graphics Methods of Curve

Fitting, Algebraic, Binomial, Langrage, Newton’s

09

Method for advancing Difference, Newton’s Method of

Divided Difference.

V Time Series Analysis: Introduction, Utility of Time

Series Analysis, Components of Time Series Analysis,

Measurement of Trend:

Freehand or Graphic Method, Method of Semi Averages,

Methods of Moving Averages, Method of Least Square,

Shifting the Trend Origin,

Measurement of Seasonal Variations:

Method of Simple Average, Ratio to Trend, Ratio to

Moving Average Method, Link Relative Method

Research Report Writing:

Format of Research Report, Presentation, Footnote-

Endnote, Bibliography, References.

09

Essential Reading: 1. Simpson and Kafka: Basic Statistics, Oxford and IBH Publishers.

2. Badarkar, P.L. and Wilkinson T.S. (2000), Methodology and Techniques of Social Research,

Himalaya Publishing House, Mumbai

3. Business Statistics-Gupta, Goyal, Jain, Biyani, Gupta( Ajmera Book Company)

4. Kothari , C.R.( Second Edition), Research Methodology- Methods and Techniques, Wishwa Publication, New

Delhi.

5. Spiegel, Schiller and Srinivasan- Theory and Problems of Probability and Statistics-Tata Mc Graw Hill

Reference books: 1. Goon, Gupta and Das: Fundamentals of Statistics, Vol. I and II.

2. Snedecor and Cochran, Statistical Methods, Oxford and IBH Publishers.

3. Shukla,M.C. and Gulshan S.S., Statistics Theory and Practice, Sultan Chand and Sons, New Delhi.

4. Gupta, S.P., Statistical Methods, Sultan Chand and Sons, New Delhi.

5. Gupta, S.C. and Kapoor V.K., Fundamental of Mathematical Statistics, Sultan Chand and Sons, New Delhi

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12

digits, 6 functions and 2 memories and should be noiseless and cordless

Semester-III (2010-11)

Specialization subject

Accounting and Taxation


Course: M.Com (III Semester)

Paper-: Corporate Accounting

Code: (MCM-321 A)



Objective- The objective this course is to gain expert knowledge of principle and procedure of corporate accounting

and their application in different practical situations.

Unir Content No of

Lecture

I Internal and External Reconstruction- Alteration of Share Capital,

Conversion of Fully Paid Shares into Stock and Stock into Shares,

Objectives of Capital Reduction, Procedure, Accounting Arrangement

09

II Amalgamation- Forms of Amalgamation, Motive for Amalgamation,

Calculation of Purchase Consideration,

Methods of Accounting for Amalgamation: Pooling of Interests Method,

Purchase Method

Distinction between Pooling of Interests Method and Purchase Method,

Accounting for Amalgamation (Including Inter Company Investments)

09

III Liquidation: Meaning of Liquidation, Winding up by Court, Voluntary

Winding Up, Preferential Payments, Preparation of Statement of Affair,

Deficiency/Surplus Account, Liquidator’s Final Statement of Account,

Receiver for Debenture Holder, B List of Contributories

Double Accounts System Including Electricity Supply Companies: Introduction, Double Account System, Final Account of Electricity Supply

Companies, Accounting for Replacement, Calculation of Disposal of

Surplus of Electricity Companies

09

IV Accounts of Insurance Companies: Meaning of Insurance, Financial Statement

of Insurance Companies, Accounts of Life Insurance Business, Accounts of

General Insurance Business

Banking Company Accounts: Meaning of Banking, Types of Banks,

Requirement as to strong financial management, Preparation and Presentation of

Financial Statements of Banks, Collection of Bills of Exchanges of Customers,

Discounting of Bills of Exchange of Customer, Rebate on Bills of Exchange

Discounted, Classification of Assets

09

V Accounting for Holding Companies-Consolidated Financial Statements

including inter company transactions and investments. 09

Essential Readings 1. Advance Accountancy- Jain, Khandelwal Pareek( Ajmera Book Company)

2. Modern Accountancy- A Mukharjee& M Hanif(Tata Mc Graw Hill)

3. Corporate Accounting-S.N Maheshwari and S.K Maheshwari(Vikash Publishing House Pvt Ltd)

Reference Books 1. Advanced Accounting-R.L Gupta, M Radhaswamy(S. Chand& Sons New Delhi)

2. Accounting Theory-L.S Porwal(Tata,Mc Graw Hill)

3. Advanced Accounts-Shukla, Grewal, Gupta(S.Chand)

4. Advanced Accountancy-S.N Maheshwari(Vikas Publishing House Pvt Ltd)





Paper-: Indirect Tax Laws-I

Code: (MCM-322 A)



Objective-The objective of this course is to gain knowledge of the provisions of Central Excise

and Customs as mentioned below.

Unit Content No of

Lectures

I Central Excise Duty Introduction and Definitions

Classification of Goods and Valuation of Excisable Goods

10

II Computation of Central Excise Duty, Central Excise Duty and

Small Scale Industries, Central Excise Duty-Administration

and Appeal Procedure

12

III Customs Duty

Customs Act, 1962: Brief Introduction, Important Definitions,

Tax Liability and Valuation of Goods

08

IV Computation of Customs Duty 07

V Customs Duty Authorities and their powers, Penalty and

Prosecutions, Appeals and Revision, Procedure for Import and

Export

08

Essential Readings 1. Indirect Tax—Yogendra Bangar, Vandana Bangar(Aadhya Prakashan Pvt Ltd Jaipur) .

2. Indirect Taxes-Ajay Jain (Published byAVJ Institute and Distributed by Pooja Law House Delhi)

3. Indirect Taxes-Tamboli, Ranga, Sharma, Bangar, Kothari (Ajmera Book Co)

Reference Books 1. Indirect Taxes Law and Practice, V.S Datey,( Taxmann Publications, New Delhi)

2. Indirect Taxes Made Easy, Prof N.S Govindan, (C. Sitaraman& Co Pvt Ltd)

3. The Law of Central Excise (Vol I&II), V.J Taraporevala and S.N Parikh, (Orient Law House, New Delhi)

4. Customs Manual- R.K Jain(Centax Publications P. Ltd)

5. Guide to Central Excise and Modvat Procedures, Arvind P. Datar(Wadhwa& Co Nagpur)





Paper-: Operation Research and Quantitative Techniques

Code: (MCM-323 A)


Time: 3 Lecture Hours/Week Objective- The objective of this course is to acquaint the students with the use of operational

research &quantitative techniques in decision-making

Unit Content No of

Lectures

I Operational Research: Basic Concepts and Definitions

Linear Programming: Mathematical formulation of Linear Programming

problems and their solution using Graphic approach and Simplex method,

Duality Sensitivity analysis.

09

II Transportation: Solving the problem. Testing the optimality MODI method.

Cases of unbalanced problems, Degeneracy, Maximization objective, Multiple

solutions and Prohibited Routes

Assignment: Solving the problem. Cases of unbalanced problems, multiple

optimum solutions, maximization objective and unacceptable assignments

09

III Net Work Analysis(Pert/CPM): Introduction, Basic Concept, Drawing a net

work diagram, Concept of Critical Path, Probability Consideration under Pert,

Crashing a Net Work and determining project cost trade off, scheduling a

network with various constraints like manpower equipment etc.

09

IV Game Theory: Games of Pure strategy, Games of Mixed strategy, Law of

Dominance, Sub Game

Queuing Theory: Elements of Queuing theory, Single Channel Queuing

Problem.

09

V Decision Theory: Maximin, Minimax, and Maximax expected pay off and

regret, Expected value of Perfect Information, Decision Tree Analysis, Theory Simulation- Methodology and Application of Simulation technique. Solution of

elementary inventory and queuing problems by using Monte Karlo Simulation Model

09

Essential Readings 1. Operational Research-Mathur, Khandelwal Gupta,Gupta (Ajmera Book Company)

2. Operational Research-V.K Kapoor (Sultan Chand)

Reference Books

1. Operational Research-Prof N.P.Agarwal ( Ramesh Book Depot)

2. Qunatitative Techniques- C.R Kothari(Vikas Publishing House Pvt Ltd)

3. Vohra N.D, Quantitative Techniques in Management, (Tata McGraw Hill New Delhi )

4. Taha, Hamady A, Operational Research- An Introduction, Prentice Hall of India

5. Quantitative Methods- N.K Nag (Kalyani Publishers)

6. Qunatitative Techniques for Managerial Decsionos – U.K Srivastava, G.R Shenoy, S.C

Sharma(New Age International)

7. Operation Research: Anand Sharma( Himalaya Publishing House)

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have

more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless



Paper-: Cost and Management Audit

Code: (MCM-324 A)


Time: 3 Lecture Hours/Week Objective-The Objective of this course is to gain knowledge of Cost and Management Audit procedures

and techniques and their application

Unit Content No of

Lectures

I Cost Audit: Meaning, Object, Advantage Cost Audit of Material, Labour

and Overhead. Appointment, Rights, Duties and Liabilities of Cost Auditor

under the companies Act 1956

09

II Relationship between statutory financial auditor, Cost Auditor and Internal

Auditor.

Professional ethics and misconduct, special penal provision for cost

Auditor.

09

III Preparation of the Cost Audit Programme: Evaluation of internal control

system including material inventory, capacity utilization, management

information system and internal audit.

Cost Audit Report. Audit and Investigation for specify purpose. Advance

Report writing with reference to specific situations and problems

09

IV Management Audit: Meaning, Nature, and Scope, Qualities of Management

Auditor, Concept of Efficiency Audit, Proprietary Audit and Operational

Audit

09

V Specific areas of Management Audit involving review of internal control,

review of purchasing control, review of selling and distribution policies and

programmes, review of manufacturing operations

09

Essential Readings 1. Auditing: Jain, Khandelwal(Shivam Publisher)

2. Students Guide to Auditing: Aruna Jha(Taxmann)

3. Auditing: Jain, Khandelwal, Pareek(Ramesh Book Depot)

4. Auditing Theory & Practice: A.K Singh ( Galgotia Publishing Company New Delhi)

Reference Books 1. Contemporary Auditing: Kamal Gupta(Tata Mc-Graw Hill)

2. Auditing: Principle and Practice, S.D Sharma(Taxmann)

3. Auditing Principles and Problems: T.R Sharma (Sahitya Bhawan Agra)

4. Practical Auditing: Spicer& Pegler

5. Fundamental of Auditing: Gupta & Arora(Tata Mc Graw Hill)



Paper-: Dissertation

Code: (MCM-325 A)


Students have to select a topic of dissertation in consultation with the respective Head of the

department, and prepare a synopsis. Evaluation will be done on the basis of the synopsis

submitted to the respective Head of the department along with a PowerPoint presentation by the

student.


Business Studies


Course: M.Com (Business Studies) – III Semester

Elective Paper- 1: Retail Management-I

(Elective Group: Business Studies specialization)

Code: (MCM-321 B)



Objective : The course aims at apprising the students with the functional aspect associated with the

management of retail operations. Unit Contents Lectures

I Introduction to retailing:

Concepts, meaning, importance

Types of retailers: Food retailers, General

merchandize retailers, Non-store retail formats,

Services retailing, Types of retail ownership

09

II Retail consumer behaviour:

Types of buying decisions, Retail buying process,

factors influencing buying behaviour, buying

motives

Market segmentation: Meaning, segmentation

criteria, pattern of segmentation.

09

III Retailing strategy:

Strategies to sustain competition, growth strategies,

Strategic retail planning process

Financial strategy, Strategic profit model

09

IV Retail locations:

Shopping centers, City & town locations, Location

and retail strategy.

Retail site selection: Demand analysis for a trade

area, factors affecting attractiveness of a site,

estimating demand for a new retail site

09

V Retail human resource management:

Retail organization structures, organization design

issues, recruitment and selection of store

employees, Induction, Training, Retail employee

motivation, Performance appraisal, Compensation

& reward, Shrinkage management.

09

Essential Reading: 1. Levy, Michael and Weitz, Barton A, Retailing Management, Tata McGraw-Hill Publishing Company Limited, New

Delhi, 2008, 5th ed.

2. Pradhan, Swapna, Retailing Management Text and Cases, Tata McGraw-Hill Publishing Company Limited, New

Delhi, 2008, 2nd

ed.

References: 1. Berman, Barry and Evans, Joel R., Retail Management- A strategic approach, Pearson Education.

2. Bajaj, Chetan et. al., Retail Management, Oxford University Press

3. Vedmani, Gibson G., Retail Management-Functional principles & practices, Jaico Publishing House.



Elective Paper- 2: Organization Behavior-I


Code: (MCM-322 B)



Objective The course aims at exposing the students to the individual and group behavior in corporate

enterprises, and help them understand the ways to manage these behavioral patterns and canalize

them towards the achievement of the common organizational goal.


I Introduction to Organization behavior:

Concepts, meaning, importance, Types of

organizations, Hawthorne experiments, Challenges

and opportunities for Organization behavior.

09

II Individual behavior:

Biographical characteristics of an individual,

Personality: Meaning, Determinants, Personality trait.

Learning: Meaning, Theories of learning (Classical

conditioning, Operant conditioning, Social learning)

09

III Perception:

Meaning, Determinants of perception, Attribution

theory, Judgment shortcuts (Selective perception,

Halo effect, Contrast effect, Projection,

Stereotyping)

09

IV Decision making:

Meaning, Intuitive model, Optimizing model,

Alternative decision making model, Satisficing

model, Bounded rationality, Implicit favorite

model, Group decision making techniques

09

V Theories of motivation: Concept, Content & process theory,

McClelland’s theory of achievement & motivation, Equity

theory, Vroom’s expectancy theory, ERG theory, Porter &

Lawler model, William Ouchi’s Z theory

09

Essential Reading: 1. Robbins, Stephen P. and Sanghi, Seema, Organizational behavior, Pearson Education, Delhi, 2005.

2. Mehta, Anil and Chouhan, Bhumija, Organisational behaviour, Ramesh Book Depot, Jaipur, 2008-09, 1st ed.

3. Prasad, L. M., Organization behaviour, Sultan Chand & Sons, Delhi

References: 1. Drummond, Helga, Introduction to Organization behaviour, Oxford University Press, New York, 2000.

2. Luthans, Fred, Organizationnal behavior, McGraw-Hill Irwin, 2002, 9th ed.

3. Hersey, Paul, Blanchard, Kenneth H. and Johnson, Dewey E., Management of organizational behavior Leading human

resources, Pearson Education, Delhi, 2003, 8th ed.

4. Newstrom, John W. and Davis, Keith, Organizational behavior: Human behavior at work, McGraw-Hill-Irwin, June,

2002, 11th ed.

5. Rao, V.S.P. and Narayana, P.S., Organizational theory & behaviour, Konark Publishers Pvt. Ltd., Delhi.



Elective Paper- 3: Business Environment-I


Code: (MCM-323 B)



Objective Business organizations are influenced by the dynamic nature of the environmental forces surrounding it. The aim of

this paper is to help students identify the different environmental forces and their impact on the corporate

enterprises. Unit Contents Lectures

I Introduction to Business Environment:

Meaning, Components of business environment:

Micro, Macro, Internal and External environment

components

Business objectives: Economic, Social, Long term,

Short term objectives

09

II Economic Environment: Classification of global

economies, Economic indicators (GNP, GDP,

Income distribution, Inflation and Index, Interest

rates, Unemployment, FOREX reserves), Economic

Integration, Levels of Economic integration (FTA,

Customs Union, Common market, Economic

Union)

09

III Political Environment: Classification of political

systems, Political risks to business, factors

contributing to political risk, techniques of

management of political risk

09

IV Socio-cultural Environment:

Social class, characteristics, Family, Family life-cycle

Culture: Meaning, characteristics, Influence of culture on

purchase pattern, Influence of culture on communication

process, Managing cross-cultural differences

09

V Technological Environment: Meaning, Technology transfer,

Characteristics of new technologies, Impact of internet on

business.

09

Essential Reading: 1. Cherunilam, Francis, Business Environment Text & Cases, Himalaya Publishing House, Mumbai, 2008.

2. Global Business Environment, ICFAI Center for Management Research, Road # 3, Banjara Hills, Hyderabad.

References: 1. Paul, Justin, Business Environment Text and Cases, Tata McGraw-Hill Publishing Co. Ltd., New Delhi, 2

nd ed.

2. Aswathappa, K., Essentials of Business Environment, Himalaya Publishing House, Mumbai, 2009, 10th ed.



Elective Paper- 4: Rural Marketing-I


Code: (MCM-324 B)




I Rural Economy - Rural - Urban disparities-policy

interventions required - Rural face to Reforms -

The Development exercises in the last few decades.

10

II Introduction to rural Marketing. Behavior of Rural

consumers. Economic, Social, Legal and Cultural

aspects of rural marketing.

09

III Rural Market Environment:

Population, occupational pattern, income

generation, location of rural population,

expenditure pattern, literacy level, land distribution,

land use pattern, irrigation, development

programmes, infrastructure facilities, rural retail

outlets, print media in rural areas.

10

IV Rural Market Segmentation: Concepts, meaning

and bases of market segmentation, multiattribute

segmentation, Thompson rural market Index and

selection of market.

06

V Rural consumer behavior:

Rural consumers, Profile, Buying decision process,

factors influencing buying behavior of rural

consumers, Buying motives

10

Essential reading: 1. Gopalaswamy, T.P., Rural Marketing-Environment, Problems and Strategies, Vikas Publishing House,

Mumbai, 2nd

ed.

2. Singh, Awadhesh Kumar and Pandey, Satya Prakash, Rural Marketing: Indian perspective, New Age

International, New Delhi, July, 2007, 1st ed.

3. Habeeb-ur-rahman, K.S., Rural Marketing in India, Himalaya PublishingHouse, Mumbai, 2008, 3rd

ed.

References:

1. Singh, Sukhpal, Rural Marketing management, Vikas Publishing House Pvt. Ltd., New Delhi, 2003.

2. Rajagopal, Understanding rural marketing, Daya Publishing House, Delhi.




Code: (MCM-325 B)



department, and prepare a synopsis. Evaluation will done on the basis of the synopsis submitted

to the respective Head of the department along with a PowerPoint presentation by the student.


Financial Studies


Course : M.Com. (Final)- (III Semester)

Paper Title: Indian Financial System - I

Paper Code :MCM 321 F


Credit :

Objective To acquaint the students with the fundamental of Banking. And to enrich them with the

knowledge of structure and operations of Indian Financial System.

.Unit Contents Lectures

I

Indian Financial System- Meaning & Structure of Indian Financial

System, Recent developments in the Indian Financial System,

Financial Innovations.

07

II

Central Banks- Definition, Nature, Functions, Recent Trends in

Central Banking, Central Banking in U.K, America and India.

10

III

Commercial Banking:- Introduction, Growth, Present Structure of

Indian Banking System, Recommendation of Narasimham

Committee. 10

IV

Non Banking Finance Companies- Nature and significance,

Types, NBFC in India, Performance of NBFC in India.

Universal Banking:- Introduction, Features and future of Universal

Banking in India.

8

V

Relationship Banking:- Introduction, Features, Process of

Developing Relationship with Customers, Formulating Relationship

Banking Strategy.

10

Essential Reading • P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi

• B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited

• Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.

• Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New

Delhi

• L.M.Srivastava and Divya Nigam- “ Management of Indian Financial Institutions”,

hihalaya Publishing House

• Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi

• Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay

• Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions” Himalaya

Publishing House, New Delhi

• Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi

• Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.

• Ghosh, D ., Banking Policy in India, Allied Publications, Delhi



Paper Title: Foreign Exchange management I



Credit :

Objective

. To acquaint students with the theory of Foreign exchange market and transactions


I

International Monetary System- Gold Standard, Gold Bullion

Standard, Bretton Woods System, Post Bretton Wood agreements.

07

II

Foreign Exchange Market- Meaning, Determination of Exchange

Rate, theories of Exchange Rate- PPP theory, Balance of Payment

theory. Types of Exchange Rate

10

III

Exchange Risk Management:- Introduction, Types of Risk, Risk in

Foreign Exchange, Recent trends of FEMA. 10

IV

International Financial Market- meaning, Instruments (Euro

Notes, Euro Commercial Papers, Medium of notes, Floating Rate

Notes Euro Bonds, GDRs, ADRs, Repo).

8

V IMF & World Bank-Objectives, Roles, Achievements, Recent

developments, Progress and Criticism 10

Essential Reading • Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New

Delhi.

• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.

• Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited,

new Delhi

• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited,

new Delhi

• Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.

Reference Books:

• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.

• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.

• Sodersten B, “International Economics”, Macmillan, London.

• Dominick, “ International Economics”, Macmillan Publication Company, New York.

• Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai

• Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal

Educational Publisher, Arga.



Paper Title: Indian Economy - I



Credit :

Objective The paper aims to cover different spheres of Indian Economy so to make students

aware of achievements and problems of our economy


I

India as a Developing economy- Meaning, features, Major issues

of development.

Human development in India – concept, National human

development report, Progress of human development in India.

07

II Infrastructure in the Indian Economy- Growth of Indian railways,

road transport , Water transport and Urban infrastructure. 10

III

Globalization , Privatization and Disinvestment- Meaning,

Objectives, Positive & Negative impacts

Population: Meaning, Causes of Population explosion in India,

Main Features of census 2001.

10

IV

Indian Agriculture- Features & Significance of Indian Agriculture,

Modernisation of Agriculture. Agriculture Price Policy – Role of

CACP

8

V

Rural Economy- Concept, Features of Rural Economy.

Rural Development -Economic, social & political Development.

Rural Indebtedness & Rural Credit- Causes & Extent of Rural

Indebtedness, Role of RBI in Rural Credit

10

Essential Reading • Swami &Gupta ,“Economic Environment in India” ,RBD,Jaipur

• Sundaram &Dutt, “Indian Economy” ,S Chand & Sons, New Delhi

Reference Books • Mathur, Mishra, Vyas – “Economic Environment in India”, RBSA Publication, Jaipur

• A N Agarwal , “Indian Economy”, New India International Ltd, Chennai

• Ishwar C. Dhingra- The Indian economy, Sultan Chand and sons



Paper Title: Financial Market and Services - I



Credit :

Objective

. To provide an in-depth knowledge on operations of financial markets in India


I

Financial Market: Concept, Classification- Money Market, Capital

Market, Mortgage Market, Long Term Loan Market, Short Term

Loan Market, Money Market vs. Capital Market.

07

II

Financial Services- Introduction, Scope, Causes of financial

Innovation, new financial services, Innovative financial Instruments,

challenges in the financial service sector.

10

III

Primary Market

Meaning, distinction and Relationship between New Issue Market

and Stock Exchange, Functions of Primary Market, Recent Trends. 10

IV

Secondary Market

Introduction, Services of Stock Exchange, listing of Securities,

Online Trading- concept, Features and Advantages, Recent

Development of Stock Exchange.

8

V SEBI: Objectives, functions, powers.

Guidelines for issue of shares, Recent reforms in SEBI 10

Books Recommended:

Essential Reading • Bhole. L.M. “Financial Markets and Institutions’ Tata Mc Graw Hill, New Delhi

• Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication,

New delhi

• Vasant Desai, “Indian Financial System”, Himalayan Publication

References Books • Gold Smith.R.W. “Financial Institutions”

• Khan M.Y “Indian Financial Theory and Practice”, Vikas Publishing House.




Code: (MCM-325 F)



department, and prepare a synopsis. Evaluation will be done on the basis of the synopsis

submitted to the respective Head of the department along with a PowerPoint presentation by the

student.

Semester-IV (2010-11)


Accounting & Taxation


Course: M.Com (IV Semester)

Paper-: Advanced Financial Accounting

Code: (MCM-421 A)


Time: 3 Lecture Hours/Week Objective- The objective this course is to gain expert knowledge of principle and procedure of

advance accounting and their application in different practical situations.

Unit Particulars No. of

Periods

I Departmental Accounts: Advantage of Departmental Accounting,

Allocation of Departmental Expenses, Distinction between

Departmental Accounts and Branch Accounts, Cost Based Transfer

Price, Market Based Transfer Price, Ascertainment of Departmental

Profit

Branch Accounts: -Difference between Branch and Departmental

Accounts,

Dependent Branches: Method of Accounting for Branch

Transactions

Debtors System, Stock and Debtors System, Final Account System

Independent Branches: Incorporation of Branch Assets and

Liabilities, Abridged Incorporation

Foreign Branches

09

II Accounting for Investment: Fixed Income Bearing Securities,

Variable Income Bearing Securities, Accounting Arrangement of

Fixed Income Bearing Security, Purchase/Sale of Investment on the

Date of Payment of Interest

Purchase/Sale of Investment before the Date of Payment of Interest

Adjustment for Equity Shares Investment Account

Insurance Claims-Claims under fire insurance policies, Claim for

Loss of Stock, Claim for Loss of Profit

09

III Value Added Accounting-Concept and Technique, Economic

Value Added, Market Value Added

Human Resources Accounting-Concept and Methods

Accounting for Price Level Changes: Meaning, Significance and

Limitation, Various approaches and methods of accounting under

changing price levels

09

IV Hire Purchase and Installment Sale Transaction: Nature of Hire

Purchase Agreement, Ascertainment of Total Cash Price,

Accounting Arrangement of Hire Purchase Transaction in the Books

of Hire Purchaser and Hire Vendor, Hire Purchase Agreement for

Goods of Small Value

Installment Payment System: Difference between Hire Purchase

System and Installment Payment System, Accounting Arrangement,

In the Books of Buyer and Seller

09

V Corporate Reporting and Information Disclosures: Concept of

adequate disclosures, Methods of Disclosures, Indian Company Law

and Disclosure Practice, Reporting for Investor and Employees.

Social Responsibility Accounts.

Accounting Standards- Accounting Standards and Guidance Notes

on Various Accounting Aspects issued by the ICAI and Advanced

Problems thereon

09

Essential Readings 1. Advance Accountancy: Jain, Khandelwal, Pareek

2. Advanced Accounts:R. L Gupta & R Radhaswamy( S.Chand& Sons)

3. Corporate Accounting-S.N Maheshwari and S.K Maheshwari(Vikash Publishing House Pvt Ltd)

Reference Books 1. Modern Accountancy- A Mukharjee& M Hanif (Tata Mc Graw Hill)

2. Accounting Theory-L.S Porwal(Tata,Mc Graw Hill)

3. Advanced Accounts-Shukla, Grewal, Gupta(S.Chand)

4. Advanced Accountancy-S.N Maheshwari(Vikas Publishing House Pvt Ltd)

Note- The candidate shall be permitted to use battery operated pocket calculator that should not

have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless



Paper-: Indirect Tax Laws-II

Code: (MCM-422 A)


Time: 3 Lecture Hours/Week Objective- The objective of this course is to gain knowledge of the provisions of Service Tax

and Value Added Tax as mentioned below.

Unit Content No of Lectures

I Service Tax

Concepts and general principles

Charge of service tax and taxable services

Valuation of Taxable Services

Payment of Service Tax and Filling of Returns

09

II Central Sales-Tax

Introduction and Definitions, Inter State Sales, Declared

Goods, Liability To Tax on Inter State Sales and Rates of

Tax

09

III Determination of Taxable Turnover and Computation of

Sales Tax, Registration of Dealers, Procedure of Assesment

and Collection of Tax, Penalties and Prosecution, Prescribed

Forms, Liability in Special Cases, Appeals

09

IV Rajasthan Value Added Tax

Introduction and Definitions, Incidence of Tax, Levy of Tax

and Exemption of Tax

09

V Determination of Taxable Turnover and Computation of Tax,

Registration of Dealers, Filing of Returns, Procedure of

Assesment, Tax Liability, Payment, Recovery and Refund of

Tax, Interest, Penalties, Prosecution and Composition,

Appeals, Revision and Settlement, Value Added Tax

Authorities and their Rights

09

Essential Readings 1. Indirect Tax—Yogendra Bangar, Vandana Bangar(Aadhya Prakashan Pvt Ltd)

2. Indirect Taxes-Ajay Jain (AVJ Institute)

3. Indirect Taxes-Tamboli, Ranga, Sharma, Bangar, Kothari (Ajmera Book Co)

Reference Books 1. Indirect Taxes Law and Practice, V.S Datey,( Taxmann Publications, New Delhi)

2. Indirect Taxes Made Easy, Prof N.S Govindan, C. Sitaraman& Co Pvt Ltd

3. The Law of Central Excise (Vol I&II), V.J Taraporevala and S.N Parikh, Orient Law House, New Delhi





Paper-: Tax Planning

Code: (MCM-423 A)


Time: 3 Lecture Hours/Week Objective-The objective of this course is to familiarize the students with latest provisions of

Indian Tax Laws to derive maximum possible tax benefits admissible under the law.

Unit Content No of

Lectures

I Meaning of tax planning, tax avoidance and evasion of tax Object

of tax planning, concept of maximization of after-tax income,

concept of diversion of income and application of income.

09

II Recognized methods of tax planning: Legal diversion of income,

implications of the provisions of aggregation of income, getting

maximum advantage of tax incentive, tax holidays, allowable

deductions and reliefs, set off and carry forward of losses.

09

III Specific areas of tax planning: Tax Planning in respect of capital

gains, investment income and structure of salaries and perquisites

Planning of income tax of an individual through specific savings

and investments and effect of such planning on after tax income

09

IV Tax Planning through Hindu Undivided Family and creation of

trust. Tax implications in planning the legal status of business unit,

partnership firm, private limited company or public limited

company

09

V Tax considerations in specific decisions:

a. To own an asset or take on lease

b. To issue share or debentures

c. To employ or make partner

d. Export v/s Domestic sales

e. Repair of Replace

Problems arising from different concepts of income-legal, economic and

accounting

09

Essential Readings 1.How to save income tax by tax planning-R.N Lakhotia(Vision Books New Delhi)

2.Direct Tax Planning and Management- Vinod. K. Singhania(Taxmann’s

3.Tax Planning- N. K Sharma(Ramesh Book Depot)

Reference Books

1.Tax Management- R.N Lakhotia

2.Tax Planning via Status in Direct tax matters-Bhargava S.R ,& Jain N.L

3.Corporate Tax Planning-E.A Shrivastva

4.Law of Income Tax- A.C Sampath, Iyenger(Bharat Publishing House Allahabad)





Paper-: Cost Analysis & Control

Code: (MCM-424 A)



Unit Content No of

Lectures

I Organizations of the costing department and its integration with

other departments. Installation of costing system and modification

thereof. Management control and cost information system.

Performance reporting at various level of management. Process

costing emphasis on inter-process profit and equivalent production

09

II Standard Costing-Emphasis on Overhead Variances. Budgetary

Control, Zero-base Budgeting and Performance Budgeting 09

III Marginal Costing and Break-Even Analysis. Marginal Costing and

Managerial Decisions -Divisional Performance and Transfer

Pricing. Corporate View Point. Transfer Pricing Determination.

Transfer Pricing in International Business

09

IV Cost Control Accounts, Integral Accounts, Cost Reduction

Programme and Planning 09

V Pricing Decisions, Marketing and Distribution Decisions:

Differential Pricing Lowest Bid Tender Pricing. Treatment and

Control of Rejections, Defectives, Obsolescence, Wastage and

Spoilage.

Treatment of Research and Development costs

09

Essential Readings 1. Cost Accounting-Bhabhatosh Banerjee ( World Press P Ltd)

2. Cost Accounting and Cost Control-Oswal, Bidawat and Mangal ( Ramesh Book Depot)

Reference Books 1. Principles and Practice of Cost Accounting (N.K Prasad(Book Syndicate Pvt ltd)

2. Cost Accounting: A Managerial Emphasis-C.T Horn Green (Prentice Hall of India)

3. Cost Audit and Management Audit-J Tikhe(Baglore Chapter of Cost Accountants)

4. Cost Accountig Planning and Control-Mariz A and Usry, M.F

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than

12 digits, 6 functions and 2 memories and should be noiseless and cordless




Code: (MCM-425 A)


Students will have to conduct a thorough research study on the topic approved by respective

Head of the department, and prepare a dissertation thesis report. Student will be evaluated on the

basis of the dissertation report submitted by her for evaluation, along with a PowerPoint

presentation.


Business Studies


Course: M.Com (Business Studies) – IV Semester

Elective Paper- 1: Retail Management-II


Code: (MCM-421 B)



Objective The course aims at apprising the students with the functional aspect associated with the

management of retail operations.


I Merchandize planning:

Organization of buying process, category

management, Sales forecasting, Assortment

planning process

Retail merchandize purchase:

Branding strategies, Sourcing vendors, Negotiating

with vendors, Vendor relationships

09

II Retail merchandize pricing:

Pricing strategies, approaches for setting price,

price adjustments, Leader pricing, Price lining, Odd

pricing.

09

III Store layout & design:

Objectives, Types of store layouts, Space planning,

Merchandize presentation technique, Atmospherics

09

IV Retail customer service:

Customer service strategies, Service quality

appraisal, SERVQUAL GAPS model, Service

recovery

Customer relationship management:

Concepts, meaning, CRM process, Customer data

collection, customer targeting, Development of

CRM program.

09

V Retail Communication mix:

Building customer loyalty, Methods of

communicating with customers, Planning retail

communication process

09

Essential Reading: 1. Levy, Michael and Weitz, Barton A, Retailing Management, Tata McGraw-Hill Publishing Company Limited, New

Delhi, 2008, 5th ed.

2. Pradhan, Swapna, Retailing Management Text and Cases, Tata McGraw-Hill Publishing Company Limited, New

Delhi, 2008, 2nd

ed.

References:

1. Berman, Barry and Evans, Joel R., Retail Management- A strategic approach, Pearson Education.

2. Bajaj, Chetan et. al., Retail Management, Oxford University Press

3. Vedmani, Gibson G., Retail Management-Functional principles & practices, Jaico Publishing House.



Elective Paper- 2: Organization Behavior-II


Code: (MCM-422 B)



Objective The course aims at exposing the students to the individual and group behavior in corporate enterprises, and help

them understand the ways to manage these behavioral patterns and canalize them towards the achievement of the

common organizational goal. Unit Contents Lectures

I Leadership:

Concepts, Theories of leadership (Michigan State

Studies, Leadership continuum, Managerial Grid,

Likert’s model, Fiedler’s contingency theory, Path

goal theory)

09

II Group behavior:

Concepts, meaning, Types of Groups, Rationale

behind formation of groups, Five stage model of

group formation, Group cohesiveness, Factors

affecting group cohesiveness

09

III Conflict management:

Meaning, types, process, Theories and causes of

conflict, Conflict stimulation and resolution

techniques

09

IV Stress management:

Meaning, Causes of stress (Individual, Group,

Organizational), Consequences of stress, Stress management

strategies (Individual, Organizational).

09

V Organization change:

Meaning, Types of change, Kurt Lewin’s model of change,

Resistance to change (Individual, Organizational), Techniques

to overcome resistance to change, ADKAR model of Change

management

09

Essential Reading: 1. Robbins, Stephen P. and Sanghi, Seema, Organizational behavior, Pearson Education, Delhi, 2005.

2. Mehta, Anil and Chouhan, Bhumija, Organisational behaviour, Ramesh Book Depot, Jaipur, 2008-09, 1st ed.

3. Prasad, L. M., Organization behaviour, Sultan Chand & Sons, Delhi

References: 1. Drummond, Helga, Introduction to Organization behaviour, Oxford University Press, New York, 2000.

2. Luthans, Fred, Organizationnal behavior, McGraw-Hill Irwin, 2002, 9th ed.

3. Hersey, Paul, Blanchard, Kenneth H. and Johnson, Dewey E., Management of organizational behavior Leading human

resources, Pearson Education, Delhi, 2003, 8th ed.

4. Newstrom, John W. and Davis, Keith, Organizational behavior: Human behavior at work, McGraw-Hill-Irwin, June,

2002, 11th ed.

5. Rao, V.S.P. and Narayana, P.S., Organizational theory & behaviour, Konark Publishers Pvt. Ltd., Delhi.



Elective Paper- 3: Business Environment-II


Code: (MCM-423 B)



Objective Business organizations are influenced by the dynamic nature of the environmental forces surrounding it. The aim of this paper is

to help students identify the different environmental forces and their impact on the corporate enterprises.


I Legal environment:

Purpose of regulation, Labour laws in India (Main Provisions &

benefits only)-

• The Trade Union Act, 1926

• The Industrial Disputes Act, 1947

• The Factories Act, 1948

• The Employee State Insurance Act

• The Workmen’s compensation Act, 1923

• The Payment of Bonus Act, 1965

• The Payment of Wages Act, 1936

• The Minimum Wages Act, 1948

• The Payment of Gratuity Act, 1972

• Employees Provident Fund & Misc. Provisions Act, 1952

09

II Regulatory environment: Tariffs, types of tariffs, Non-tariff

barriers, Anti-dumping laws, Foreign Investment regulations in

India, Litigation and dispute settlement, Cyber Laws in India,

INCO terms

09

III Demographic environment: Meaning, Influence of population size,

falling birth rate, changing age structure, migration and ethnicity

on global business.

09

IV Corporate Governance: Meaning, need, importance, pre-requisites.

Corporate Social responsibility: Classical and contemporary views,

business ethics, arguments for and against CSR, Social audit

09

V Liberalization, Privatization, Globalization (LPG): Concepts,

meaning, impact on Indian economy, merits & demerits, Stages of

globalization, Foreign market entry strategies.

Multi National Corporations: Meaning, organizational model,

merits & demerits, MNCs in India.

Global economic meltdown-Issues & challenges

09

Essential Reading: 1. Cherunilam, Francis, Business Environment Text & Cases, Himalaya Publishing House, Mumbai, 2008.

2. Global Business Environment, ICFAI Center for Management Research, Road # 3, Banjara Hills, Hyderabad.

References: 1. Paul, Justin, Business Environment Text and Cases, Tata McGraw-Hill Publishing Co. Ltd., New Delhi, 2

nd ed.

2. Aswathappa, K., Essentials of Business Environment, Himalaya Publishing House, Mumbai, 2009, 10th ed.

3. Bhagwati, Jagdish, In defense of globalization, Oxford University Press, United States of America, July, 2007.

4. Stiglitz, Joseph E., Globalization and its discontents, W.W. Norton, New York, London, 2002.



Elective Paper- 4: Rural Marketing-II (Elective Group: Business Studies specialization)

Code: (MCM-424 B)




I Product Strategy - Product mix Decisions - Competitive

product strategies for rural markets, Product positioning,

Product differentiation, New Product development.

10

II Pricing strategy - pricing polices - innovative pricing methods

for rural markets - promotion strategy - appropriate media -

Designing right promotion mix - promotional campaigns.

10

III Distribution -' Logistics Management - Problems encountered -

selection of appropriate channels - New approaches to reach

out rural markets.

06

IV Rural Promotion: Traditional media, Modern media vehicles

available (Print, Electronic media, Outdoor media), media

effectiveness, rural audience profile, media preferences,

channels & programmes viewed, rural audience behaviour.

Rural communication: Challenges & strategies, Information &

communication technology in rural India.

10

V Problems in rural Marketing

Underdeveloped market, Future of rural marketing, lack of

physical communication facilities, media for rural

communication, Rural languages and Dialects with reference

to Rajasthan, low per capita income, product positioning,

hierarchy of markets, low level of literacy, seasonal demand.

09

Essential reading: 1. Gopalaswamy, T.P., Rural Marketing-Environment, Problems and Strategies, Vikas Publishing House,

Mumbai, 2nd

ed.

2. Singh, Awadhesh Kumar and Pandey, Satya Prakash, Rural Marketing: Indian perspective, New Age

International, New Delhi, July, 2007, 1st ed.

3. Habeeb-ur-rahman, K.S., Rural Marketing in India, Himalaya PublishingHouse, Mumbai, 2008, 3rd

ed.

References: 1. Singh, Sukhpal, Rural Marketing management, Vikas Publishing House Pvt. Ltd., New Delhi, 2003.

2. Rajagopal, Understanding rural marketing, Daya Publishing House, Delhi.




Code: (MCM-425 B)


Student will have to conduct a thorough research study on the topic approved by respective Head

of the department, and prepare a dissertation thesis report. Student will be evaluated on the basis

of the dissertation report submitted by her for evaluation, along with a PowerPoint presentation.


Financial Studies


Course : M.Com. (Final)- (IV Semester)

Paper Title: Indian Financial System -II

Paper Code : MCM 421 F


Credit :

Objective The students would be able to acquire knowledge related to functions associated with banking and

banking services and technology


I

Financial Institutions in India- Genesis of Financial Institutions in

India. Mission and Objectives of Financial Institutions in India.

Performance, Provision of Assistance by Financial Institutions.

Strength and challenges.

07

II

Management of deposits- A Marketing Approach- Concept of Bank

Marketing. Formulating Marketing Strategies for a Commercial

Bank. Marketing Strategic Decisions. Implementing Marketing

Strategy.

10

III

Management of Loans in Commercial Banks- Characteristics of

commercial Banks Loans in India. Formulating Loan Policy in a

commercial Bank. Contents of Bank Loan policy. Organizing of

Bank Lending.

10

IV

Asset –Liability Management in commercial Banks- Concept,

Objectives, Functions and Process of ALM.. Management of Risk,

Utility of ALM for Commercial Banks.

8

V

Management of Non-Performing assets in commercial Banks-

NPAs in Indian Commercial Banks. Impact of Priority Sector

Advances on NPAs. Factors for the NPAs in Commercial Banks.

Steps taken by RBI for containing NPAs.

10

Books Recommended: Essential Readings:

• P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi



• Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New Delhi

• L.M.Srivastava and Divya Nigam- “ Management of Indian Financial Institutions”, hihalaya

Publishing House

• Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi

• Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay

• Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions” Himalaya

Publishing House, New Delhi

• Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi

• Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi.

• Ghosh, D ., Banking Policy in India, Allied Publications, Delhi

Reference Books: • Principles of Banking, Macmillan (India) Limited, New Delhi

• General Banking Management, Macmillan (Indian) Limited, New Delhi

• Banking and Finance, Jain Khanna Tiwari, VK India Enterprices, New Delhi

• Banking in India, Khan Masood Ahmed, Anmol publication, New Delhi

• Principles of Banking, macmillian (India) Limited, New Delhi



Paper Title: Foreign Exchange Management - II



Credit :

Objective To acquaint students with the role of international institutions and monetary system.


I

International Trade- Concepts, Characteristics, Advantages and

Disadvantages of International Trade. Theories of IT- Absolute cost

advantage and comparative cost advantages and Heckscher-ohlin

theory

07

II

Foreign Exchange Market- Meaning, Functions, Dealing in

Foreign Exchange Market- Spot, Forward, Futures, Options and

Arbitrage

10

III

Balance of Payment- Concept, Components, Equilibrium in BOP,

Measures to correct disequilibrium, Recent trends. 10

IV IFC & IDA, ADB- Objectives, Roles, Functions and Achievements 8

V

United Nation Conference on Trade and Development

(UNCTAD)- Introduction, Organization, Membership, Function,

Principles and Achievement

WTO- Introduction, Objectives, Functions and India & WTO

10

Essential Reading • Avadhani,V.A,” International Finance, Theory and Practice”, Himalaya Publishing Company, New

Delhi.

• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.

• Cherunilam Francis “International Economics”, Tata McGraw-Hill Publishing Company Limited, new

Delhi

• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new

Delhi

• Maurice, Levi, “ International Finance”, McGraw Hill, Int. Ed. New York.

Reference Books: • Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.

• Wood, D. and J Byrne: International Business Finance, Macmillan, New York.

• Sodersten B, “International Economics”, Macmillan, London.

• Dominick, “ International Economics”, Macmillan Publication Company, New York.

• Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai

• Seth M.L.,” Money, Banking, international Trade and Public finance”, Lakshmi Narain Agarwal Educational Publisher


Course: M.Com. (Final)- (IV Semester)

Paper Title: Indian Economy -II

Paper Code: MCM 423 F


Credit:

Objective To provide knowledge of rural economy and problems related to it. It covers various

aspects of rural development and co-operation


I

Economic Planning: Meaning & Significance, Objectives,

Techniques, Progress During various Five Year Plans, Features of X

& XI Five Year Plan.

07

II

Industrial Policy:- Introduction, Recent Policy of India, Industrial

Licensing in India. Public Enterprises- Meaning, Growth

performance and Privatization of Public Enterprise.

10

III Public Finance: Meaning and Scope, Distinction between Private

and Public finance, Principles of Maximum Social Advantage. 10

IV

Public Expenditure: Meaning, Nature & Canons of Public

expenditure, Effects of Public Expenditure on economic

stabilization, production, distribution and economic growth.

Public Revenue: Meaning, Canons of taxation, Incidence and Effect

of Taxation and Classification of Taxes: Single vs. Multiple,

Proportional vs. Progressive, Direct and Indirect Tax

8

V

Federal Finance: Meaning of federal finance, Center- State financial

relations in India. Finance Commission-Recommendations of recent

Finance Commission Fiscal Policy of Government- Meaning and

Instruments of Fiscal Policy.

10

Essential Reading • Sundaram & Dutt, “Indian Economy”, S Chand & Sons ,New Delhi

• Gupta & swami, “Rural Development & Co-operation”, RBD publications, Jaipur-New Delhi

• H.L.Bhatia – Public Finance, Vikas Publishing House Pvt Ltd.,Delhi

• B.P.Tyagi – Public Finance, Jai Prakash Nath & Co., Meerut.

• Jain, Khanna and Tiwari, “Banking and Public Finance”, V.K.India Enterprises, New Delhi.

• Desai Vasant, “Study of Rural Economics” Himalaya Publication, New Delhi

• Agarwal. A.N, “Indian Economy”, New India International Ltd , Chennai

• Musgrave R.A. and Musgrave P.A. – Public Finance in Theory and Practice., Tata Mc graw Hill

• M.L.Seth, Money, Banking, International Finance and Public Finance, Educational Publication, Agra.



Paper Title: Financial Market and Services II



Credit :

Objective ; To acquaint students with the process of managing the Financial Services.


I

International Markets:- Introduction, Types of instruments in

International Markets, India’s Preference in International Markets,

Concept of Euro-dollar market.

07

II

Factoring - Meaning, Functions, Types, Factoring in India.

Forfaiting - Meaning , Working, Benefits, Drawbacks and Factoring

in India.

10

III

Mutual Funds- Meaning, Types, importance, General Guide lines.

Securitisation of Debt- Meaning, Structure, Benefits, Securitisation

vs Factoring, Securitisation in India and Reasons for its unpopularity

in India.

10

IV

Venture capital- Meaning, Features & Methods.

Credit cards- meaning, Types, Parties, Procedure & Facilities,

Benefits & Demerits.

8

V Credit Rating – Meaning , Functions, origin and benefits. 10

Essential Reading

• Bhalla V.K.-“Financial Markets &Services” Anmol Publications, Delhi

• Srivastava R.M.-“Management of Indian Financial Institutions”Himalaya Publication, New Delhi


• Natarajan S, Parameshwaran R, “ Indian Banking” S.Chand & Company LTD, New Delhi

• Investment Banking and Financial Services- The ICFAI University, Hydrabad.

• International Finance and Trade- The ICFAI University, Hydrabad

Reference Books :

• Khan M.Y. - “Indian Financial System” Vikas Publishing house, New Delhi

• Sinha, S.L.N., “Development Banking in India”, (Madras: Institute of Financial Management and

Research, 1976).

• Khan and Jain, “Financial Services,” 2nd ed. Tata McGraw Hill, 2004.

• P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi





Code: (MCM-425 F)


Student will have to conduct a thorough research study on the topic approved by respective Head

of the department, and prepare a dissertation thesis report. Student will be evaluated on the basis

of the dissertation report submitted by her for evaluation, along with a PowerPoint presentation.

***

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