MBA (Financial Administration) IInd Semester (2012-14)

FA 201C FINANCIAL MANAGEMENT

Objective The objectives of this course are to help the students learn the concepts, tools and skills of financial analysis and financial management, and application in the efficient conduct of business Examination Scheme:

The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be worth 60 marks. Contents

Introduction: Concept of Finance, Corporate Finance, Finance Functions and other functions. Structures of the Financial System. Meaning and Objectives, of Financial Management, Scope and Functions of Financial Management, Wealth Maximization v/s Profit Maximization. Short Term and Long Term Sources of Finance in India. Investment Decisions : Time Value of Money, DCF and Non DCF Methods for Evaluating Projects, Cost of Debt, Cost of Preference, Cost of Equity, Weighted Average Cost of Capital. Leverage Analysis: Determination of operating leverage, financial leverage and total leverage, Leverage and Financial Distress. Statement of Changes in Financial Position: Funds Flow Statement; Total Resource Method, Working Capital Method and Cash Method, Cash Flow Analysis. Capital Structure and Firms Value: Net Income Approach, Net Operating Income Approach, Traditional Approach, MM Approach. EBIT --- EPS Analysis, ROI --- ROE Analysis. Dividend Policy: Relevance and Irrelevance Theories of Dividend, Factors affecting the dividend policy, Alternative Forms of Dividend.. Working Capital Management: Cash and Liquidity Management, Credit Management, Determination of Working Capital and its Financing , CMA form for Working Capital Reference Books (Latest Edition)

1. Pandey, I.M. financial Management, Vikas Publishing House, New Delhi. 2. Khan M.Y. and Jain P.K. Financial Management, Tata McGraw Hill, New Delhi. 3. Keown, Arthu J., Martin, John D., Petty, J. William and Scott, David F, Financial Management. Pearson Education. 4. Chandra, Prasanna; Financial Management TMH, New Delhi. 5. Van Horn, James C., Financial management and Policy, Prentice Hall of India. 6. Brigaham & Houston, Fundamentals of Financial Management, Thomson Learning, Bombay. 7. Kishore, R., Financial Management, Taxmans Publishing House, New Delhi.

MBA (Financial Administration) IInd Semester (2012-14)

FA 202C FINANCIAL PRODUCTS AND SERVICES

Course Objective To enable the students to gain acumen, insight and through knowledge relating to the various aspects of corporate finance, emerging financial services and their regulatory frameworks.

Examination Scheme:

The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be worth 60 marks. Course Contents Financial Services: Nature and Scope of Financial Services, Fund based and fee based services. Lease and Hire purchase- – Meaning and Types of leasing – Legislative frameworks – Matters on Depreciation and Tax – Problems on leasing – Hire Purchasing- Concepts and features – Tax and Depreciation implications – Problems on Hire Purchasing. Credit rating and Securitization of debts - Definition and meaning- Process of credit rating of financial instruments- Rating methodology-Rating agencies – Rating symbols of different companies Securitization of debt- Meaning- Features- Special Purpose Vehicle- Pass Through Certificate & mechanism – Benefits of Securitization – Issues in Securitization Depository Service and Mutual funds: - Depositary services- Role of depositories and their services— Advantages of depository system –NSDL and CDSL- Depository participants and their role- Stock Broking Services including SEBI guidelines - Mutual Funds – Structure of Mutual Funds- Types Mutual Funds – Advantages of mutual funds - Exchange Traded Funds – Hedge funds- Regulations on mutual funds – Accounting aspects –Performance Evaluation. Factoring and Forfeiting: Concepts, types, mechanism, advantages, disadvantages. Credit Cards: Concepts, operational procedure, advantages, disadvantages. Venture Capital Finance: Concepts, Procedure, and Importance.

Text Readings (Latest Edition)

1. M.Y.Khan, Financial Services, Tata McGraw-Hill, New Delhi. 2. Harsh V.Verma, Marketing of Services, Global Business Press 3. Sames L .Heskett, Managing In the Service Economy, Harvard Business School

Press, Boston. 4. M.Y.Khan, Indian Financial System, 4/eTata Mc Graw-Hill, New Delhi. 5. Frank.J.Fabozzi & Franco Modigliani, Foundations of Financial Markets and

Institutions, 3/e, Pearson Education Asia. 6. H.R Machiraju, Indian Financial Systems, Vikas Publishing House Pvt. Ltd. 7. Meir Kohn, Financial Institutions and Markets, Tata McGraw-Hill, New Delhi. 8. Pathak : Indian Financial Systems Pearson Education

MBA (Financial Administration) IInd Semester (2012-14)

FA 203C MACRO-ECONOMICS

Course Objectives

The objective of the course is to conversant the students with the concept of macro-economics to enable them to analyze Macro Economic factors relevant to business management. Examination Scheme:

The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be worth 60 marks.

Course Contents

1. Nature & Scope of Macro economics, importance of Macroeconomic limitations of Macroeconomics, stock & flow concepts.

2. Classical Theory employment, Say's law of markets & its criticism.

3. Keynesian theory of employment:– determination of effective demand, aggregate supply & aggregate demand.

4. Investment in Keynesian Theory, The concept of multiplier:– Investment multiplier, Government budget Multiplier, Tax Multiplier, Foreign Trade Multiplier.

5. The Consumption Function: Meaning of Consumption function, significance of MPC, Keynesian Psychological law of consumption.

6. Money:- Nature & Definition, classification of money, Fisher's quantity theory of money.

7. Theories of Interest Rates:- Classical theory of interest, Keynesian Liquidity Preference theory of interest.

8. Monetary Policy:- Objectives of monetary policy, its instruments and overview of latest Monetary Policy.

9. Fiscal Policy:- Objectives, Significance and overview of latest Fiscal Policy. 10. Business Cycle:- Meaning and Nature of Business Cycles, Types of Business

Cycles, Theories of Business Cycles.

Text Readings (Latest Edition) 1. "Macro-Economics" M.L. Jhenigan 2. "Macro-Economics" M.L. Seth 3. "Macro-Economics" Mishra & Puri

Suggested Reading(Latest Edition) 1. “Macro-Economics Theories and Policies" Dornbusch, Fischer, Stanley. 2. "Macro-Economics" L. Frayon.

MBA (Financial Administration)

IInd Semester (2012-14) FA- 204C

BUSINESS LAW Objectives The objective of this course is to provide the students with practical legal knowledge of general business law issues and topics to help become more informed, sensitive and effective business leaders. Examination Scheme: The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be of 60 marks. Contents:

1. The Indian Contract Act 1872:- Essentials of a valid Contract, void & voidable agreements, Contingent Contracts, Performance of Contracts, Quasi Contracts, Breach of Contracts & its Remedies, Indemnity, Guarantee, Bailment & Pledge

2. Indian Partnership Act 1932:- Nature of Partnership, Relations of Partners and with third Persons, Incoming and outgoing partners, Dissolution.

3. Indian Sales of goods Act 1930 (Essentials only) 4. The Negotiable Instruments Act 1881:- Nature & Types, Negotiation & liability,

Presentment, Discharge from liability, Dishonor of Negotiable Instruments, Crossed Cheques, Penalties.

5. The Companies Act:- Nature & types of Companies, Memorandum & Article of Association, Prospectus, Shareholders & Debenture Holders, Minority Protection, Winding Up.

6. Law of Insurance: - Concept and guideline of marine, fire and life Insurance. 7. Law of Intellectual Property:- Patent, Copyright, Industrial Design, Trade Mark,

Geographical Indications 8. Consumer Protection Act 1986:- Consumer, Protection of Consumers, Central

consumer Protection Council, Consumer Dispute Redresssal Agencies (District Forum, State Commission, National Commission).

9. Competition Act 2002:- Competition Commission of India, Powers, Functions & Duties of Commission, Prohibition of certain Agreements, abuse of Dominant Position, Penalties

10. Banking Law:- History, nature & development of Banking in India, Kinds of Banks and functions, Reserve Bank Of India, functions of RBI

11. FEMA:-Features, Contravention and Penalties , Evaluation 12. SEBI: - Objective, Powers & Functions, guideline – for investors protection, new

issue & Stock Exchange

Text Reading 1. Chawala and Garg, Mercantile Law, New Delhi, Kalyani Publications, Latest

Edition. 2. M.C. Shukla, A Manual of Mercantile Law, New Delhi, S. Chand & Co. Ltd.,

Latest Edition. 3. S.K. Mishra and V.K. Puri, Economic Environment of Business, New Delhi,

Himalaya Publishing House, Latest Edition. 4. Francis Cherunilam, Business Environment, New Delhi, Himalaya Publishing House,

Latest Edition.

MBA (Financial Administration) IInd Semester (2012-14)

FA 205C INSURANCE AND BANK MANAGEMENT

Course Objective To enable the students to gain acumen, insight and through knowledge relating to the various aspects of corporate finance, emerging financial services and their regulatory frameworks. Examination Scheme The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be worth 60 marks. Banking Evolution of Banking, Banking in India, Types of Banks, Roles of Banks (viz. Intermediation, Payment system, financial services), Banking Regulations, BASEL Norms, Banking Products – Fee based and fund based. Banking Structure in India- RBI, Commercial, Rural and Co-operative banks their role and significance, Capital Adequacy norms for banks, SLR, CRR, CAR. Bank Management: Liquidity Management, Investment Management, Loan Management , Liability Management, Credit Management, Risk Management . Commercial banks Balance Sheet and Income Statement, Relationship between B/S and Income Statement, Return on Equity Model, Important ratios used in Balance Sheet Analysis CAMELS rating and Key ratios involved Insurance Definition of Risk, Classification of Pure Risks, Personal Risks, Property Risks, Liability Risks, Overlapping Risks; Rules of Risk Management, Risk Management Technique. Overview of insurance industry in India and comparison with US, UK and other developed markets . General Principles of Insurance. Insurance Application and Acceptance Procedure, Insurance Terminology. Life Insurance: Life Insurance, General Insurance, Health & Medical Insurance, Property related Insurance, Liability Insurance, Reinsurance. Principles governing marketing of insurance products. Insurance Regulation and Role of IRDA. Under writing TPA basic assessment, Claim management of Claim settlement General Insurance: Products Fire, Marine, Motor Vehicles, Public Liability, Third Party Insurance, Miscellaneous- Mediclaim and Health Policies, Group Insurance, Burglary Insurance, Analysis of Balance Sheet of a General Insurance Company Recommended Books (Latest Edition) 1. Banking Theory, Law & Practice, Gordon Natrajan, HPH, Latest Edition. 2. Insurance Management, S.C.Sahoo & S.C.Das, HPH, Latest Edition. 3. Bank Management & Financial Services, Rose, Hudgins, McGraw Hill 4. Risk Management & Insurance, Trieschmann, Hoyt, Sommer, Cengage 5. Banking and Insurance, Mohapatra and Acharya, Pearson, Latest Edition.

MBA (Financial Administration) IInd Semester (2012-14)

FA 206C COST AND MANAGEMENT ACCOUNTING

Course Objectives: The objectives of this course are to help students to gain an understanding of Cost and Management Accounting in Managerial Decision Making. Examination Scheme: The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be worth 60 marks.

Course Contents: PART – A : COST ACCOUNTING

1 Introduction to Cost Accounting: Nature, Role, Scope, concept of cost centers and cost units, Classification of cost by nature and behavior, material, labor and overheads, Essentials while establishing a cost system. Total costing, Cost reduction and cost control, Total cost management.

2 Various Costing Methods: Unit Costing, Job and Batch Costing, Contract, Process Costing and Operating Costing.

3 Standard Costing and Variance Analysis: Concept of Standard Costing, Setting and revision of cost standards, Concept of variance, calculating & analyzing material, Labor and overhead variance.

PART – B : MANAGEMENT ACCOUNTING

1 Management Accounting: Concept, definition, scope, objectives, functions and limitations, Relationship of Management Accounting with Financial Accounting and Cost Accounting. Role of Management Accounting in Decision Making.

2 Financial Statement Analysis-I: Ration Analysis: Concept and Important ratio of analysis, Numerical problems on liquidity, Profitability, Turnover and Solvency ratios (including preparation of final accounts from ratios)

3 Financial statement Analysis-II: Cash Flow Analysis (As per Accounting Standard 3) & Funds Flow Analysis.

4 Cost – Volume Profit Analysis & Marginal Costing: Calculating BEP, Margin of Safety, desired sales, Calculation and Interpretation of BEP under different situations.

5 Budgeting & Budgetary Control: Introduction, Meaning and types of Budget, Objectives, Advantages & Limitations of Budgetary Control, Preparation of Various types of budgets.

6 Decision Making: Numerical. 7 Contemporary issues in Cost & Management Accounting.

Text Reading (Latest Edition): 1 Colin Drury; “Management & Cost Accounting” Thomson Learning. 2 Ravi M. Kishore; “Management Accounting & Financial Analysis” Taxman

Publication. 3 Khan & Jain; “Management Accounting” Tata McGraw Hill. 4 D.K. Mittal; “Cost Accounting” Galgotia Publishing Company. 5 Ravi M. Kishore; “Management Accounting” Taxman Publication.

MBA (Financial Administration) IInd Semester (2012-14)

FA 207C ORGANIZATIONAL BEHAVIOUR

Course Objectives Objective of this course is to help students to understand human Behaviour in organizations so that they improve their managerial effectiveness. Examination Scheme:

The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be worth 60 marks. Course Contents

1 Focus and Purpose: Definition, need and importance of O.B, Organization Behaviour Models.

2. Foundations of Individual Behaviour: Basics of Personality, Learning, Perception,

Attitudes and Cognitive Dissonance theory. 3 Motivation: Concept and theories of motivation: McGregor, Maslow’s , Herzberg's ,

Aldefer , Vroom's . 3 Group Dynamics: Group Structure types and processes, Team Building and Group

Decision Making. 4 Leadership and Power: Meaning, Importance, Style, Theories, Trait, Managerial

Grid. Fiedler’s Model, Hersey and Blanchard's Situational theory, Path Goal theory. 5 Dynamics of OB: Power and Politics, Conflict and Conflict Management, Work

Stress, Organizational Change.

Text Reading (Latest Edition) 1. Stephen P. Robbins,, Seema Sanghi “Organizational Behaviour”, Pearson Education,

Latest Edition. 2. Nelson, Organisational Behaviour, Latest Edition, Cengage Learning, India 3. R.S.Dwivedi, “Human Relations and Organizational Behavior: A Global

Perspective”, Macmillan, Latest Edition. 4 Fred Luthans, “Organizational Behaviour”, New York, McGraw Hill, Latest Edition. 5 Newstrom “Organizational Behaviour: Human Behaviour at work”, Tata McGraw Hills, Latest Edition. Suggested Reading (Latest Edition)

1. Jerald Greenberg and Robert A.Baron, Behaviour in Organisations, PHI Learning Latest Edition.

2. Hitt, Millar, Colella, Organizational Behaviour A Strategic Approach, Wiley India edition

3. Udai Pareek, Understanding Organzational Behavior, Oxford, 2nd Edition, Latest Edition.

4. Jai B P Sinha, Culture and Organizational Behaviour, Sage Publication , Latest Edition.

5. Kavita Singh Organizational Behaviour Text and Cases, New Delhi, Pearson Education, Latest Edition.

MBA (Financial Administration) IInd Semester (2012-14)

FA 208C MARKETING MANAGEMENT

Course Objectives The objectives of this course are to provide the students exposure to modern marketing concepts, tools, and techniques, and help them develop abilities and skills required for the performance of marketing functions.

Evaluation Scheme:

The faculty member will award internal marks out of 40 based on three assessments of 20 marks each of which best two will be considered. The end semester examination will be of 60 marks.

Course Contents

1. Marketing Concepts: Customer Value and Satisfaction, Customers Delight, Conceptualizing Tasks and approaches to Marketing Management, Value chain, scanning the Marketing Environment.

2. Market Segmentation, Targeting, Positioning: Market segmentations, patterns, procedures, requirement for effective segmentation, Niche Marketing, selecting the market segments, tool for competitive differentiation, developing a positioning strategy.

3. Marketing Information System and Marketing Research Process. 4. Product Decision: Objectives, Product classification & Product Portfolio, Product

life cycle strategies, branding, packaging, labeling,. 5. Pricing Decision: Factors affecting price, pricing methods and strategies, Types of

competition. 6. Distribution Decisions: Importance and Functions of Distribution Channel,

Considerations in Distribution Channel Decisions, Types of Channel Members, Retail formats.

7. Promotion Decisions: A view of Communication Process, developing effective communication, Promotion-Mix elements – Advertising, Personal Selling, Sales Promotion and Public Relation.

8. Introduction to International Marketing : EPRG framework, Deciding to go abroad, deciding which markets to enter, Deciding on the marketing program, Country of origin effect.

9. Emerging Trends in Marketing: An introduction to Internet Marketing, Multi level Marketing, and Introduction of CRM & EVENT marketing. Rural, Services Marketing.

Text Readings (Latest Edition)

1. Philip Kotler, Kelvin & Keller, Abraham Koshy, Mithileshwar Jha “Marketing Management”, A South Asia perspective –New Delhi : Pearson Education Latest Edition.

2. Rajan Saxena – Marketing Management, TMH Latest Edition. 3. Dhiraj Sharma, Marketing – Cengage Latest Edition. 4. Czinkota & Kotabe – Marketing Management – Cengage Latest Edition. 5. Baines, Fill & Page – Marketing Management, Oxford University Press Latest

Edition.