PSGR KRISHNAMMAL COLLEGE FOR WOMEN An Autonomous ... · PSGR KRISHNAMMAL COLLEGE FOR WOMEN An...

PSGR KRISHNAMMAL COLLEGE FOR WOMEN

An Autonomous Institution Affiliated to Bharathiar University

Re –Accredited With ‘A’ Grade by NAAC

An ISO 9001:2008 Certified Institution

Peelamedu, Coimbatore – 641 004

B.COM (ACTUARIAL MANAGEMENT)

DEPARTMENT OF B.COM (AM) & (FS)

2017-2018 BATCH

SYLLABUS FOR B.Com (ACTUARIAL MANAGEMENT)

Applicable to students admitted during the academic year 2017 – 18 and onwards

Scheme of Examination

Sem Par

t

Sub. Code Title of the Paper Instr.

Hrs. /

Week

Cont

act

hours

Tutor

ial

hours

Durati

on

CIA ESE Total Credit

s

I I

TAM1701/

HIN1701/

FRE1701

Language I

Tamil I

Hindi I

French I

6 86 4 3 40 60 100 3

I II ENG1701

ENG17F1

English Paper I /

Functional English

Paper I

6 86 4 3 40 60 100 3

I III AM17C01 Financial Accounting 5 71 4 3 40 60 100 4

I III TH17I01 Mathematics I 6 86 4 3 40 60 100 4

I III

AM17A01/

AM17A02

Allied

Business Organization and

Office Management /

Introduction to Information

Technology

5 71 4 3 40 60 100 5

I IV NME16B1/

NME16A1

NME12WS

NME12AS

NME12GS

Basic Tamil I/

Advanced Tamil I

Women Studies /

Ambedkhar Studies/ Gandian

studies

2

28

28

26

26

26

2

2

2

2

2

2

2

-

-

-

50

50

50

50

---

---

---

100

100

100

100

100

2

II I

TAM1702/

HIN1702/

FRE1702

Language II

Tamil II

Hindi II

French II

6 86 4 3 40 60 100 3

II II ENG1602/

ENG16F2

English Paper II/

Functional English

Paper II

6 86 4 3 40 60 100 3

II III AM17C02/

FS17C04

Principles and Practice of

Insurance

5 71 4 3 40 60 100 4

II III TH16I02 Mathematics II 6 86 4 3 40 60 100 4

II III

AM17A03/

AM17A04

Allied:

Business Communication /

Business Management

5 71 4 3 40 60 100 5

II IV Open Course:(Self study-

Online Course)

- - - - - - - 2

**Advance Tamil/Basic

Tamil

- - - Gr.

II VI Effective English

Communication

2 - - - - - - Gr.

II VI NM12GAW General Awareness Self

Study

- - Online

Test

100 - 100 Gr.

III III AM16C03 Corporate Accounting 7 101 4 3 40 60 100 4

III III TH16I03 Probability and Statistics I 7 101 4 3 40 60 100 4

III III AM16C04/

FS17C06

General Insurance 6 86 4 3 40 60 100 4

III III

BP16A01

BP16A02

EC16A01

AM17A05

RM16A01

IB16A01

Allied Group

1. Principles of Taxation

2. Indian Banking

3. Industrial Relations

4. Principles of Insurance

5. Human Resource

Management

6. Organizational Behavior

5 71 4 3 40 60 100 5

III IV SB17AM01

SB17AMP1

Skill Based Subject I

Theory & Practical

2

1

29

15

1

-

-- -- -- -- --

III IV NM15VHR Value Education and Human

Rights

2 26 4 3 100 -- 100 2

III IV NM14EVS Environmental studies (self

study)

- - - - - -

IV III AM16C05 Finance and Financial

Reporting

6 86 4 3 40 60 100 4

IV III TH16I04 Operational Research 7 101 4 3 40 60 100 4

IV III TH16I05 Probability and Statistics II 7 101 4 3 40 60 100 4

IV

III

BP16A03

BP16A04

EC16A02

AM17A06

IB16A05

RM16A05

Allied Group

Enterprise Resource planning

Financial markets and

institutions

Security analysis and

portfolio management

Customer Relationship

Management

Management Information

System

Business Ethics

5

71

4

3

40

60

100

5

IV IV

SB17AM01

SB17AMP1

Skill Based Subject II

Theory

Practical

2

1

29

13

1

2

3

3

25

40

75

60

100

100

4

2

IV IV NM14EVS Environmental studies 2 26 4 3 100 -- 100 2

IV V Extension Activities

NSS, NCC, YRC and Sports

& Games, Eco Watch, YI

Net, Rotaract

-- -- -- -- 100 -- 100 1

AM17C01

FINANCIAL ACCOUNTING

Category L T P Credit

Core 71 4 - 4

Preamble

To make the students to understand the accounting concepts, conventions and standards

To enable the students to learn the procedure of preparing different accounting systems

Course Outcomes On the successful completion of the course, students will be able to

Co No. Co Statement Knowledge Level

Co1 Explain the different accounting terms, concepts,

conventions and accounting standards

K1

Co2 Describe the procedure of preparing different accounting

system

K2

Co3 Practicing the different accounting system K3

Mapping with Programme Outcome Cos Po1 Po2 Po3 Po4 Po5

Co1 L M M S S

Co2 L S S M S

Co3 M L M L S

S-Strong M- Medium L-Low

Syllabus UNIT I (14 Hrs)

Accounting Concept and Conventions – Journal – Ledger – Accounting standards – AS1, AS5,

AS6, AS10 (Theory only)

UNIT II (14 Hrs)

Rectification of errors - Subsidiary books – Trial balance - Bank Reconciliation Statement – final

accounts

UNIT III (14 Hrs)

Royalty – Depreciation accounting

UNIT IV (14 Hrs)

Insurance Claims – Loss of Stock and Loss of Profit – Departmental accounting

UNIT V (15 Hrs)

Accounting for non trading organization – International Financial Reporting Standards (IFRS)

Text Books S.No. Author/s Title of the book Publishers Year of

publication

1. 1 K.S.Reddy & A.Murthy Financial accounting Margam

Publications

2015

2. 2 Jain & Narang Financial Accounting Kalyani Publishers 2015

Reference Books

S.No. Author/s Title of the book Publishers Year of

publication

3. 1 V.Rajasekaran Financial Accounting Pearson Education

India

2011

4. 2 S. N. Maheshwari &

Suneel K Maheswari

Financial Accounting for

B.Com, CA, CS and

ICWA (Foundation)

Courses

Vikas publishing

house

5th edition,

2013

5. 3 Hanif Financial Accounting -

Vol. II

McGraw Hill

Education (India)

Private Limited

2011

Pedagogy

Chalk and talk , PPT, Discussion , Assignment, Demo, Quiz, Case study

Preamble

To provide actuarial management students with a solid background of probability,

matrices, algebra and complex numbers.

Knowledge and the ability to work with these concepts is essential for further studies

To focus on understanding the concepts, analytical reasoning and developing crucial

skills in order to calculate, analyze, interpret and communicate the results clearly

Course Outcomes

Upon the successful completion of the course students

Mapping with Programme Outcome

COs PO1 PO2 PO3 PO4 PO5

CO1. S

S S S S

CO2. S

M S S S

CO3. S S M

S S

CO4. M S S

M S

CO5. S S S

M S

S- Strong; M-Medium; L-Low

Syllabus

Unit I (16 Hrs)

Sets and Set Operations - Venn Diagram - Set relations Permutation and Combination.

TH17I01 MATHEMATICS I CATEGORY L T P CREDIT

Core 86 4 - 4

CO

Number CO Statement Knowledge

Level

CO1. Understanding the concepts of various sets in the mathematics. K1

CO2. Students will be able to set up and solve linear systems/linear inequalities

graphically/geometrically and algebraically (using matrices). K2

CO3. Demonstrate and justify standard and alternative algorithms for addition,

subtraction, multiplication and division of the complex numbers. K2

CO4. Construct and interpret confidence intervals to estimate means and

proportions for populations K3

CO5. Able to compute probabilities and conditional probabilities in appropriate

ways. K3

Unit II (19 Hrs)

Algebra - Theory of equations - An nth

degree equation has got only n roots - Relation

between roots and coefficients - Forming equation by given roots - Finding roots by trial and

error - Partial fractions - Expansion of (a+bx)n - Using the sigma notation to express the sum of a

series - Summing the terms of an arithmetic progression and a geometric progression.

Unit III (17 Hrs)

Algebra - Determinants -properties of Determinants - Multiplication of a Determinant by

a Scalar - Solving simultaneous equations by use of Determinants. Matrices - Definitions of

different types of matrices -Sum and difference of matrices- Multiplication of a matrix by a

Scalar - Transpose of a matrix -Cofactors - Adjoint of a matrix - Inverse of a square matrix.

Unit IV (17 Hrs)

Solving simultaneous equations by use of matrices - Complex Numbers - Definition of a

Complex number - Addition and multiplication of two Complex numbers - Conjugate of a

Complex number - Division of one Complex number by another Complex number - Absolute

value of a Complex number - |z1+z2| |z1| + |z2| and |z1 - z2| |z1| - |z2| - |z1.z2| = |z1| . |z2| - |z1/z2|

|z1| / |z2| - Finding r and when Z = r (cos + i sin)

Unit V (17 Hrs)

Linear difference equation with constant coefficients: Introduction - Order - Degree -

Solution - Formation - Linear difference equations - Homogeneous - Non homogeneous -

Constant coefficients

Text Books

S.

No

Author Title of the book Publishers Year of

Publication

1. Murray R.Spiegel Theory and problems

of college algebra

Schaum Publishing

Co, New York.

1956

Unit II : Chapter 20 sections 20.1,20.2,20.3

Chapter 32 sections 32.1,32.2,32.3,32.4,32.5,32.6

Chapter 26 sections 26.1,26.2

Unit I : Chapter 22 sections 22.1,22.2,22.3,22.4,22.5

2. Narayanan &

Others

Complex Numbers

Unit IV

S.Viswanathan

Publishers

1995

3. Natarajan & Others Algebra Volume II

Unit III : Chapter 1 &

Chapter 2

S.Viswanathan

Publishers

1996

4. V.N. Vedamurthy

& Dr.Iyengar

Numerical Methods Vikas Publishing house 1998

Unit V : Chapter 10 sections : 10.1,10.2,10.3,10.4,10.5,10.6,10.7,10.8

Reference Books

S. No Author Title of the book Publishers Year of

Publication

1. Dr.P.R.Vittal Business Mathematics

and Statistics

Margham Publications 2000

2. Sujith singh Modern Algebra Vikas publication 1990

3. Serge Lang Algebra Springer Publication 2005

4. Steven Roman Advanced linear

Algebra

Springer Publication 2000

5. Thomas. W.

Hungerford

Algebra Springer Publication 2000

Course Designers

1. Mrs. K.Sharmilaa

2. Mrs.C.R.Parvathy

AM17A01 BUSINESS ORGANIZATION AND

OFFICE MANAGEMENT


Allied 71 4 - 5

Preamble

To enable the students to understand the functions of different business organization and

its fund mobilization

To impart knowledge on office environment

Course Outcomes

On the successful completion of the course, students will be able to

Co

Number

Co Statement Knowledge level

Co1 Define the different forms of business and its

sources of finance

K1

Co2 Illustrate the various functions of office K2

Co3 Employ the practical aspect of business K3

Mapping with Program Outcomes

Cos Po1 Po2 Po3 Po4 Po5

Co1 S M L L S

Co2 M M L L S

Co3 L L L L S


Syllabus

UNIT I (14 Hrs)

Nature and Scope of Business - Business versus Profession and Employment -

Characteristics of business, - Objectives and essentials of business. Forms of Business

Organization – Sole Trader, Partnership Firm, Joint Stock Company and Co-operative Society –

Public Enterprises.

UNIT II (14Hrs)

Location of Business – Factors influencing location - Localization of industries- Size of

Firms- Sources of Finance – Shares - Debentures, Public Deposits, Bank Credit and Trade

Credit – Ploughing back of profits - Merits and Demerits.

UNIT III (14 Hrs)

Office - Meaning and Definition – Evolution of office in modern environment –

Functions and Significance –Office Accommodation – Office Machines and Equipments - Filing.

Kind of reports, report preparation, enquiries.

UNIT IV (15 Hrs)

Data Processing System – EDP –Uses and Limitations – Rationalization and Automation

(Business Firm, Industry and Technological Change) – e-commerce – M-commerce

UNIT V (14 Hrs)

Stock Exchange –Meaning and Functions – Listing of Securities - Procedure of Trading –

(Functions of SEBI)* –DEMAT of Shares- Trade Association - Chamber of Commerce –

NASSCOM, ASSOCHAM.

*Self Study

Text Books


publication

6. 1 Bhushan Y.K. Business

Organisation and

Management

Sultan Chand & Sons 2009

Reference Books


publication

1. P. C. Tulsian

Business

Organisation and

Management

Pearson Education

2009

7. 2. Shukla Business

Organisation and

Management

Sultan Chand &

Sons

2008

3. Sanjay Gupta Business

Organisation and

Management

SBPD Publication 2015

Pedagogy


Course Designers

1. Mrs. S.Brindha

2. Ms. M. Harini

AM17A02 INTRODUCTION TO

INFORMATION TECHNOLOGY


Allied 71 4 - 5

Preamble:

To introduce the importance of computer literacy among students and exposing them to

the algorithms, flow charts, programming and computer networks.

To build familiarity in accessing information through Internet, Intranet, E-mail and e-

payment system.

Course Outcomes



Co1 Define the concepts in

information technology

K1

Co2 Describe the programming languages and

data processing methods

K2

Co3 Demonstrate the Application of computer

in business

K3



Co1 L L L L S

Co2 L L L L S

Co3 M M M M S


Syllabus

UNIT I (15 Hrs)

Introduction to Computers – Classification of Computers – Computer applications in

Various Areas of Business - Basic Principles of Operation of Digital Computers – History &

Development of Computers – (Computer Generations)* – Hardware, Software & Humanware.

UNIT II (14 Hrs) Components of Computer System – Input, Output & Storage Devices – Software –

System Software & Application Software – Programming Languages – Machine, Assembly &

High Level Languages – Flowchart – Preparation of Flowcharts – Steps in Developing a

Computer Program.

UNIT III (14 Hrs)

Data Processing – Methods of Data Processing – Data Structure – File Organization –

File Creation – Sorting – Merging – File Maintenance – Updation – Reporting.

UNIT IV (14 Hrs)

Communication Technology: -WWW - Intranets - Extranets - Voice Networks Data

Communication Networks - Last Mile - Wireless System - Web Hosting - Application Service

Providers.

UNIT V (14 Hrs)

Electronic Banking - Electronic Payments Systems- Credit Cards - Debits Cards- Digital

Cash- (Mobile Payments)*- SWIFT – Mobile Computing-Cloud computing – Grid Computing.

*Self Study

Text Books


publication

1. R. Saravana kumar,

R. Parameswaran

T.Jayalakshmi

ATextbook of

Information

Technology

Sultan Chand &

Sons,

2010

Reference Books:

1. R. Parameswaran Computer

Applications in

Business

S.Chand and Co.

Ltd.

2010

2 Dr. S.V. Srinivasa

Vallabhan

Computer

Applications in

Business

Sultan Chand &

Sons

2011

3 Renu Gupta and

Gaurav Gupta

Computer

Applications in

Business

Mahavir

Publications,

2015

4 Alexis Leon ,

Mathews Leon

Computer

Applications in

Business

Vijay Nicole 2012

Pedagogy


Course Designers

1. Mrs. C. Anithamary

2. Ms. P.Keerthika

AM17C02/

FS17C04

PRINCIPLES AND

PRACTICE OF INSURANCE


Core 71 4 - 4

Preamble

To understand the basic concept of insurance, functions and its principles

To enable the students to learn the practical aspects of insurance

Course Outcomes



Co1 Define the fundamental concepts of insurance K1

Co2 Interpret the various principles and functions

of insurance, document preparation and the

role of professionals and intermediaries

K2

Co3 Sketch the practical aspects of insurance K3



Co1 M L S L S

Co2 L L S L S

Co3 L L S L S


Syllabus

UNIT I (14 Hrs) Concept of Risk – Classification of Risk, Peril, Hazard – Types of Risks – Techniques of

Risk Management- Risk Identification- case studies in identification of risk –Sources of risk-

Measurement of risk-guidelines of assessing risk.

UNIT II (14 Hrs)

Types of Risk Financing and funding – Retention of risks – Risk Control Techniques-

Factories Act of 1948 – Chapter IV-Safety, Chapter IVA- Provisions relating to Hazardous

processes.

UNIT III (14 Hrs)

Concept of Insurance – Classification of insurance – Life Insurance, LIC as a public

player in the market (leading role and influence) *- Types of Life Insurance – Legal principle of

Insurance under the Insurance Contract Act 1872 – Essential elements of valid contract –

Principles of Insurable Interest , Utmost Good faith , Indemnity , Subrogation , Contribution ,

Proximate Cause- Assignment and Nomination.

UNIT IV (14 Hrs)

Application and Acceptance: Documents related to insurance – Medical examination –

Age proof. Policy Document: Need and Format – Policy preamble – Schedule – Attestation –

Conditions and Privileges – Alteration. Duplicate policy - Premium payment: lapse and Renewal

-Policy claims – Maturity claims – Survival Benefits – Death claims – Claim concessions -

Presumption of Death – Valuation of Reserves and Surplus – Loans, Surrenders and

Foreclosures. Theory of Rating – Mortality tables

UNIT V (15 Hrs)

Calculation of Insurance Premium - Insurance Professionals and Intermediaries: Agents,

Brokers, Loss Assessors, Surveyors, Development Officers Third party Administrators and

Insurance Ombudsman – Actuarial Profession – Overview – Introduction to Profession and

Professionalism – Evolution of Actuarial Profession – Characteristics of an Actuarial Profession.

*Self Study

Text Books


publication

1. Dr.P.Periasamy

Principles And

Practice Of

Insurance

Himalaya

Publishing House

2015

Reference Books:

1.

M.N.Mishra and

Dr.S.B.Mishra

Insurance Principles

And Practice

S.Chand and

Company Ltd

2011

2. NA

Practice of Life

insurance (IC 02)

Insurance Institute

of India

2011

3.

Alka Mittal ,

S.L.Gupta,S.

Principles of

Insurance and Risk

Management

S. Chand & Sons 2010

4.

Inderjit Singh,

Ralvest Katyal,

Sanjay Arora

Insurance principles

and practices

1. Kalyanin

Publsihers,

2. 2010

Pedagogy


Course Designers

1. Ms. M.Harini


Preamble

To provide actuarial management students with a solid background of calculus of one and

several variables

Main concepts of calculus are derivatives and integrals. Knowledge and the ability to

work with these concepts is essential for further studies

To focus on understanding calculus concepts, analytical reasoning and developing crucial

skills in order to calculate, analyze, interpret and communicate the results clearly

Course Outcomes

Upon the successful completion of the course students

TH16IO2 MATHEMATICS II

CATEGORY L T P CREDIT

Core 86 4 - 4

CO


Level

Mapping with Programme Outcomes


CO1 S S S S M

CO2 S M S S S

CO3 S S S S M

CO4 S M S S S

CO5 S S M S S


Syllabus

Unit I (17 Hrs)

Differential calculus - The idea of a limit- Differentiation of a polynomial - Exponential

and Logarithmic functions - Product - quotient and “function of a function” rule for

differentiation - Problems.

Unit II (17 Hrs)

Indefinite Integration of Polynomials - Exponential functions - Integrals of functions

involving a 2 x

2 - Integrals of the form

dxxxf nn 1)( , dxxfxf n )('))(( - Integration of

rational algebraic functions - Integration by parts - Integration by Substitution.

Unit III (17 Hrs)

Integration of Irrational functions:

,1

22dx

xa

,

1

22dx

xa

,

1

22dx

ax ,22 dxxa ,22 dxax

,

2dx

cbxax

qpx

dxxx ))((

1

- Properties of Definite Integrals.

Unit I (17 Hrs)

CO1 Understand the concepts of total differentiation, integration and related the

formulas K1

CO2 Demonstrate understanding by explaining in written or oral form the

meanings and important applications of concepts of Integration. K2

CO3 Evaluate various kinds of limits, and determine continuity and

differentiability of functions. K2

CO4 Select the proper method for integration by parts, reduction formulas,

multiple integrals K3

CO5 Distinguish between beta and gamma integrals and make judgments about

the appropriateness of the choice for a given problem based on their

applications. Apply advanced rules/techniques of differentiation and

integration to compute derivatives and integrals.

K3

ReductionFormula

xdxxxdxxxdxxxdxxdxxdxdxex nmnnnnnaxn cossin,cos,sin,tan,cos,sin, -

Integration as a summation - Problems based on

n

rn

dxxfn

rf

1

1

0

)(lim

Unit V (18 Hrs)

Gamma Integrals and Beta integrals (problems only) - Double Integrals.

Note: Simple Problems only. No derivations.

Text Book

S.

No


Publication

1.

Narayanan and

T.K.Manicavachagom

Pillay

Calculus - Volume I Printers and

Publishers Pvt.

Ltd. – Chennai,

2004

2004

Unit I : Chapters 1, 2 & 3 - Sections :1 -9, 2.1 -2.6, 3.1 - 3.8

2.

Narayanan and

T.K.Manicavachagom

Pillay

Calculus - Volume II Printers and

Publishers Pvt.

Ltd. – Chennai,

2004

1998

Unit II : Chapter 1 - Sections : 1 -5, 6.1 -6.6, 7.1 -7.5, 12

Unit III : Chapter 1 - Sections : 8 -11

Unit IV : Chapter 1 - Sections : 13.1 -13.10,15.2

Unit V : Chapter 7 - Sections : 2.1 -6,2.1(simple problems only)

Reference Books:

S.

No


Publication

1. N. Piskunov Differential and Integral

Calculus, Volume I

Mir Publishers,

Moscow and CBS

Publishers &

distributors, India

1996

2. N. Piskunov Differential and Integral

Calculus, Volume II

Mir Publishers,

Moscow and CBS

Publishers &

distributors, India

1996

3. A.K. Sharma Text Book Of Integral

Calculus

Discovery Publishing

House

2005

4. N.P.Bali Integral Calculus Laxmi Publication Pvt

limited

2008

5. Kantish

Chandra

Maity

Integral Calculus New Central Book

Agency

2011

http://www.amazon.in/s/ref=dp_byline_sr_book_1?ie=UTF8&field-author=N.+Piskunov&search-alias=stripbooks

http://www.amazon.in/s/ref=dp_byline_sr_book_1?ie=UTF8&field-author=N.+Piskunov&search-alias=stripbooks

https://www.google.co.in/search?tbo=p&tbm=bks&q=inauthor:%22A.K.+Sharma%22

http://www.uread.com/author/kantish-chandra-maity



http://www.uread.com/publisher/new-central-book-agency

http://www.uread.com/publisher/new-central-book-agency

Pedagogy: Lecture-Chalk and talk, PPT, Group discussion, Seminar, Assignment, Quiz

Course Designers

1. Mrs. M. Mohanapriya

2. Mrs. R. Sakthikala

AM17A03

BUSINESS COMMUNICATION Category L T P Credit

Allied 71 4 - 5

Preamble

To make the students to understand the basic concepts of communication and their

importance in different forms of business

To equip the students in writing different forms of business correspondence, reports and

enhancing their speaking skills

Course Outcomes


Co No. Co Statement Knowledge

Level

Co1 Explain the different terms in Business

Communication

K1

Co2 Describe the hints for drafting different forms of

business correspondence

K2

Co3 Illustrate the different forms of business

correspondence

K3



Co1 M L L L S

Co2 L L L L S

Co3 L L L L S

L-Low M- Medium S-Strong

Syllabus

UNIT – I (14 hrs)

Business Communication: Meaning – Importance of Effective Business Communication-

Modern Communication Methods – Business Letters: Need – Functions - Kinds - Essentials of

Effective Business Letters – Layout-Business Miscommunication (Barriers); Improving

communication,

UNIT – II (14 hrs)

Trade Enquiries - Orders and their Execution - Credit and Status Enquiries – Complaints

and Adjustments - Collection Letters – Sales Letters – Circular Letters – Case Studies

UNIT – III (14 hrs)

Banking Correspondence - Insurance Correspondence - Agency Correspondence-

UNIT – IV (14 hrs)

Company Secretarial Correspondence (Includes Agenda, Minutes and Report Writing)

UNIT – V (15 hrs)

Application Letters – Preparation of Resume - Interview: Meaning – Objectives and

Techniques of various types of Interviews – (Public Speech)*– Characteristics of a good speech

– Public relations letters.

*Self Study

Text books


publication

8. 1 Rajendra Pal

J.S. Korlahalli

Essentials of

Business

Communication

Sultan Chand &

Sons,

New Delhi

2012

Reference books


publication

1 N.S. Pradhan Business

Communication

3. Himalaya

Publishing House

2010

9. 2 Vikas Arora, Sheetal

Khanka, Pallavi

Thakur

Business

Communication

Global Vision

Publishing House

2010

10. 3 Meenakshi Raman,

Prakash singh

Business

Communication

4. Oxford

Univeristy Press,

New Delhi

2010

Pedagogy


Course Designers

1. Ms.P.Keerthika

2. Mrs. S.Brindha

AM17A04 BUSINESS MANAGEMENT Category L T P Credit

Allied 71 4 - 5

Preamble:

To make the students to understand the management concepts and its theories

To explore the functions of management and its importance in the decision making

process

Course Outcomes


Co

No.

Co Statement Knowledge

Level

Co1 Define the concepts in Business Management K1

Co2 Describe the Functions of Management K2

Co3 Apply management theories and practices in the

decision making process

K3



Co1 M L L L S

Co2 S L L L S

Co3 S M M M S


Syllabus

UNIT I (14 Hrs)

Definition of Management – Nature and scope – Levels of management – Contributions

of Henry Fayol, F.W.Taylor and others – Management Vs. Administration.

UNIT II (14Hrs)

Functions of Management – Planning – Meaning, Nature and Importance of Planning –

Advantages and Limitations – Types of planning – MBO, MBE, SWOC Analysis-Decision

making –Different types-Process

UNIT III (14Hrs)

Organizing – Meaning, Nature and Importance – Principles of sound organization –

Organization structure – Key elements of organization process: Departmentation, Delegation

and Decentralization – Authority and responsibility – Span of control.

UNIT IV (14Hrs)

Staffing-Recruitment, Selection, Training –Directing- Supervision- Motivation – Nature

–Maslow’s theory of motivation – X, Y, and Z theories – Leadership functions – Qualities –

Types of leaders -Manager vs leader; leadership and motivation; leadership styles.

UNIT V (15Hrs)

Communication in Management – Types of communication – (Barriers to

communication)*– Co-ordination – Need and techniques – Control – Nature and process of

control – Techniques of control.

*Self Study

Text books


publication

11. 1 C.B.Gupta Business organization and

management

Sultan Chand

and Sons

2013

Reference Books


publication

1 Dinkar Pagare Business Management 5. Sult

an Chand

and Sons

6. 201

3

12. 2 Dr. Sharma F.C Principles of Management Shree

Mahavir

Book Depot

2011

13. 3 K. Sundar Principles of Management 7. Vija

y Nicole

Imprints

8. 201

4

Pedagogy


Course Designers

1. Mrs.G.Indrani

2. Ms.P.Keerthika

https://www.google.co.in/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwigjcra5-zKAhUC4aYKHeW6BU4QjhwIBQ&url=http%3A%2F%2Fwww.vijaynicole.co.in%2Fbook.php%3FISBN%3D9788182093119&psig=AFQjCNF48baSukJRZS4u454MneA7CqvsyQ&ust=1455180271279935



SEMESTER -III

AM16C03

CORPORATE ACCOUNTING


Core 101 4 - 4

Preamble

To help the students to understand the preparation of company accounts.

To enable the students to understand the revised

schedule VI of companies act.

Course outcomes

On the successful completion of the course, students will able to

Co No Co Statement Knowledge Level

Co 1 Explains the different kinds of shares and the procedure for

issues.

K1

Co 2 Describe the procedure of preparing final accounts in the

revised schedule VI

K2

Co 3 Practicing the accounting procedures for insurance

companies both Life and General.

K3

Mapping with programme objectives


Co1 S S M S M

Co2 S S M M S

Co3 S S M M S

Syllabus

UNIT I ( 20 Hrs)

Issue of shares and debentures-Forfeiture and re-issue of shares-Surrender of shares-

Rights Issue.

UNIT II (20 Hrs)

Preparation and presentation of final accounts - (Legal requirements)*.- Compliance with

revised schedule VI of Companies Act

UNIT III (20 Hrs)

Valuation of shares and goodwill - Liquidation of companies- statement of affairs and

deficiency account – Liquidator’s statement of account

UNIT IV ( 20 Hrs)

Insurance Companies Accounts. – Life insurance –General insurance

UNIT V (21 Hrs)

Accounts of Holding Companies (excluding intercompany holdings)

*Self Study

Text Books

S.No Author Title of the book Publishers Year of

Publications

1. K.S.Reddy&A.Murthy Corporate

Accounting

Margham Publications 2015

Books for reference


publication

1 Jain & Narang Advanced

Accountancy

Kalyani Publishers 2014

2 M.C.Shukla Advanced

Accountancy

Sultan Chand & sons 2016

3 R.L.Gupta &

Radhasamy

Advanced

Accountancy

Sultan Chand & sons 2015

Distribution of marks – Theory 20% Problems 80%

Preamble

To impart the students with knowledge in basic Probability and statistical concepts.

To present the fundamental basis for many other areas in the mathematical sciences

including statistics, modern optimization methods and risk modeling.

Course Outcomes Upon the successful completion of the course, students will be able to



CO1 S M S S M

CO2 S S S S M

CO3 S S S S S

CO4 S S S M S

CO5 S S M S S


TH16I03 PROBABILITY AND STATISTICS I


CORE 101 4 - 4

CO


Level

CO1 Demonstrate basic probability axioms, rules and the moments of discrete

and continuous random variables.

K1

CO2 Derive the probability density function of transformations of random

variables and use these techniques to generate data from various

distributions.

K2

CO3 Describe the properties of discrete and continuous distribution functions K3

CO4 Ability to bring together and flexibly apply knowledge to characterize,

analyze and solve a wide range of problems

K3

CO5 To understand the balance between the complexity / accuracy of the

mathematical / statistical models used and the timeliness of the delivery of

the solution

K3

Syllabus

Unit I (20Hrs)

Frequency distribution—Diagrams-Graphs—Mean - Median – Mode – S.D—Range-

Interquartile range – Skew ness—Concepts of probability- * Addition rule for probability * –

Conditional probability—Bayes theorem—Independence of two events.

Unit II (21Hrs) Concepts of random variables (discrete and continuous) – Probability distribution-

Expected value – Variance – Moments – Mean- Variance – S.D – Coefficient of skew ness-

Moments of random variable-Probability generating function- MGF – Cumulative generating

function .

Unit III (20Hrs) Concepts of independence, jointly distributed random variables, conditional distributions

– Marginal distribution- independent random variables – Two-dimensional random variables-

Covariance – Mean and variance of linear combination of random variables.

Unit IV (20Hrs)

Discrete Distributions: Binomial – Negative binomial— Poisson Distributions.

Unit V (20 Hrs) Continuous Distributions: Normal – Log normal – Exponential - Gamma and Beta(1

st kind).

Text book


Publication

1. S.C.Gupta and

V.K.Kapoor

Fundamentals of

Mathematical

Statistics

Sultand chand &

sons

2014

UNIT : I – Chapters 2 & 3 : Sections : 2.2 – 2.7, 2.12, 2.13.1,2.13.2, 2.13.4,

2.16, 3.1 – 3.5, 3.8.2, 3.8.5, 3.9.1, 3.9.2, 3.10, 3.11, 3.12

UNIT : II – Chapters 5 & 7: Sections : 5.1 -5.4, 7.1,7.2, 7.9

UNIT : III – Chapters 5 & 6: Sections : 5.5.1 – 5.5.5, 5.5.7, 6.2 – 6.6, 6.6.1

UNIT : IV – Chapter 8: Sections : 8.4.1, 8.4.5, 8.4.6, 8.5.1 – 8.5.5, 8.6.1 –

8.6.2

UNIT : V – Chapter 9: Sections : 9.2.1 – 9.2.5, 9.2.14 - 9.2.15, 9.5.1, 9.5.3,

9.6.1, 9.8.1

Reference Books

S.

No

Author Title of the

book

Publishers Year of

Publication

1 S.C.Gupta Fundamentals of

Statistics

Himalaya

Publishing House

2015

2. MAJUMDAR V K Statistics Rawat publications

2002

3 BAISNAB A P AND

MANORANJAN JAS

Elements of

probability and

statistics Tata mc Graw Hill

2006

4 ELHANCE D N Fundamentals of

statistics Kitab Mahal

1987

5 SHUKLA M S AND Elements of S. Chand and co

1971

http://opac.psgrkc.com/web_opac/Basicsearch2.aspx?title=MAJUMDAR

http://opac.psgrkc.com/web_opac/Basicsearch2.aspx?title=ELHANCE

http://opac.psgrkc.com/web_opac/Basicsearch2.aspx?title=SHUKLA

GULSHAN S S statistics

Pedagogy Chalk and talk, Group Discussion, PPT, Seminar, Quiz, Assignment

Course Designers 1. Ms.R.Meenambigai, Asst. Professor

2. Ms.S.Aiswarya, Asst. Professor

Distribution of marks – Theory 20% Problems 80%

AM16C04/FS17C06 GENERAL INSURANCE Category L T P Credit

Core 86 4 - 4

Preamble

To understand the bascic concepts and functions of General insurance.

To enable the students to understand the claim settlements of various policies.

Course Outcomes




CO1. M S M L M

CO2. S L M M S

CO3. S S S M S


Syllabus

UNIT I (DL 14 Hrs) General Insurance: Introduction – Principles of General Insurance– General Insurance

business (Nationalization) Act 1972 – General Insurance Corporation – Insurance Regulatory

and Development Authority [IRDA] – Constitution, objectives, duties and powers of IRDA –

Insurance councils other laws relating to insurance business.

UNIT II (DL 15 Hrs) Marine Insurance: Introduction – Nature of Marine Insurance contract – Kinds of Marine

Insurance policies – Premium Calculation – Important clauses in Marine Policy – Marine losses

and Abandonment Fire Insurance: Introduction – Nature and uses of Fire Insurance Contract –

Types of Fire Insurance policies – Fire Insurance Claims – Rate Fixation in Fire Insurance.

Specialized classes of General Insurance: Industrial all risk insurance – Aviation Insurance –

Airline Insurance – *Oil and gas Insurance*

UNIT III (DL 14 Hrs)

Co No CO Statement Knowledge Level

Co 1 Understand the fundamental concepts and principles of general

insurance K1

Co 2 Acquire specialized knowledge about Various policies in general

Insurance K2

Co 3 Familiarize the procedures and practices of claims management K3

Motor Vehicle Insurance (both heavy and light vehicle) –Various plans –Third party,

personal accident etc. Property Insurance – Burglary, Building, Engineering Insurance and health

Insurance.

UNIT IV (DL 14 Hrs) Miscellaneous Insurance :– Cattle Insurance – Public Liability Insurance – Jeweller's

Block polices – Blood stock (horse) Insurance – Sports Insurance – Fidelity Guarantee Insurance

– Money Insurance – Baggage Insurance – Pedal Cycle Insurance – Neon Sign Insurance –

(Householder’s Insurance – Banker’s Blanket policies) – Special Contingency policy –

Executive Travel policy – Employer’s Liability policy – Natural and Agricultural Insurance

Schemes.

UNIT V (DL 14 Hrs) New Insurance Schemes – Income bonds, Terrorism Insurance, Single premium bonds,

Building, society linked saving plans, Mutual fund plans along with insurance, Contingent

Business, Interpretation Insurance.

Text Book

S.no Author Title Publisher Edition

1 Dr. Periayasamy.P Principles and

Practice of

Insurance

Himalaya

Publishing

House

2015

Reference Books


1 Alka Mittal ,

S.L.Gupta,S.

Principles of

Insurance and

Risk Management

S. Chand &

Sons

2014

2 Inderjit Singh, Ralvest

Katyal, Sanjay Arora

Insurance

principles and

practices

Kalyanin

Publsihers,

2014

AM17A05 PRINCIPLES OF INSURANCE Category L T P Credit

Allied 71 4 - 5

Preamble

To make the students to understand the basic concept of insurance.

To enable the students to learn the practical aspects of insurance

To understand various policies and schemes of general insurance.

Course Outcomes



Co1 Understand the basic functions of insurance K1

Co2 Interpret the various principles of insurance,

document preparation and the role of

intermediaries

K2

Co3 Outline the various policies of general

insurance

K3



Co1 M L S L S

Co2 L L S L S

Co3 L L S L S


Syllabus

UNIT I (14 Hrs) Insurance – definition- functions – benefits – types – principles of insurance – insurance

documents

UNIT II (14 Hrs) General insurance – law relating to general insurance – GIC – organization structure –

functions- Life insurance – meaning – difference between insurance and assurance – features of

life assurance – partnership insurance.

UNIT III (14 Hrs)

Classification of life insurance policies – on the basis of duration – on the basis of

premium payment – on the basis of number of persons assured – group insurance schemes.

UNIT IV (14 Hrs)

Assignment – meaning – procedure – nomination – difference between assignment and

nomination. (Role of insurance agent and development officer)* – IRDA

UNIT V (15 Hrs)

Marine insurance – definition – kinds – fire insurance – meaning – types – miscellaneous

insurance – personal accident – crop insurance – fidelity guarantee – property insurance – motor

vehicle insurance – cattle insurance – engineering insurance.

Text Books


publication

1. Dr.P.Periasamy

Principles And

Practice Of Insurance

Himalaya Publishing

House

2013

2. M.N.Mishra and

Dr.S.B.Mishra

Insurance Principles

And Practice

S.Chand and

Company Ltd

2011

Reference Books:


publication

1. NA Practice of Life insurance

(IC 02)

Insurance Institute

of India

2011

2. Inderjit Singh,

Ralvest Katyal,

Sanjay Arora

Insurance principles and

practices

1. Kalyani

Publishers,

2. 2010

Pedagogy


Course Designers

1. Ms. M.Harini


AM16C05

FINANCE AND FINANCIAL REPORTING


Core 86 4 - 4

Preamble

To understand the basic concepts of financial management and its functions.

To enable the students to understand the financial reporting.

Course Outcomes




Co 1 S S S M M

Co 2 M S M M S

Co 3 S S M M S


Syllabus

UNIT I: (DL 17 Hrs)

Introduction to Finance and Financial Management- Key Principles of Finance. Functions

of Financial Management-Objectives of Financial Management –Factors Influencing Financial

decision- Functions of a Finance Manager– Concept of Time Value of money- Compounding

and Discounting methods (Simple problems).

UNIT II: (DL 17 Hrs)

Sources of Finance for an Organization: Short term sources: Bank overdraft-trade credit-

factoring- bill of exchange- commercial paper. Medium term sources: Hire purchase- credit sale-

leasing-bank loans. Long term sources: Shares, Debentures and Loans from financial institutions.

UNIT III: (DL 18 Hrs)

Capital structure: Meaning and concept –.Net Income approach, Net operating Income

approach – M M approach Traditional approach - Factors influencing capital structure and

dividend policy

UNIT IV: (DL 17 Hrs)

Concept of cost of capital – factors affecting cost of capital – specific and overall cost of

capital– Capital Budgeting- Process-Traditional methods-Discounting Methods.

UNIT V: (DL 17 Hrs)

Financial reporting – Accounting principles – types – basic financial statement – kinds of

reports – Nature of reports – guiding principles of reporting – necessary steps for good reporting.

Text Book


1 Sharma and Gupta Financial

Management:

Kalyani Publishers 2014

Reference Books


1 Prasanna Chandra

Financial

Management

McGraw-Hill

Education

2015

2 I M Pandey Financial

Management

Vikas Publishing

House Pvt Ltd

2010

3 Maheshwari S.N. Financial Sultan Chand & 14th Edition, 2014

Co No CO Statement Knowledge Level

Co 1 Familiarise with the key principles of finance K1

Co 2 Describe the basic concepts of Dividend Policy and Capital

Budgeting K2

Co 3 Understand about the financial statement and preparation of

different financial reports K3

Management-

Principles &

Practice

Sons

Distribution of marks –Theory 80% Problems 20%

Preamble

To present students the elements and importance of Understanding the meaning,

purpose, and tools of Operations Research

To define and recognize the basic concepts of Operation Research.

To enable the students to know the applications and the Limitations of Operation

Research and simulation.

Course Outcomes On the successful completion of the course, students will be able to



CO1 S S S M S

CO2 S S S S S

CO3 S S M S M

CO4 S M S S M

CO5 S S M S S


Syllabus

Unit I (20 Hrs)

Linear Programming - Simplex method - Big M Method - Two -phase method.

Unit II (19 Hrs)

Transportation model - Assignment model -* Travelling Salesman problem*.

Unit III (20 Hrs)

Project scheduling by PERT - CPM.

Unit IV (21 Hrs)

TH16I04 OPERATIONS RESEARCH


CORE 101 4 - 4

CO

Number

CO Statement Knowledge

Level

CO1 Understand the characteristics of different types of decision-making

environments and the appropriate decision making approaches and tools to

be used in each type.

K1

CO2 Know how to use variables for formulating complex mathematical models in

management science, industrial engineering and transportation science and

in real life.

K2

CO3 Design new simple models, like: CPM, PERT to improve decision –making

and develop critical thinking and objective analysis of decision problems. K2,K3

CO4 Apply simulations in real sciences K3

CO5 Apply the stochastic process and Markov Chain in predictions of future events. K3

Markov analysis - Stochastic process - Markov process - Transition probabilities - first

order and higher order Markov process - n -step transition probabilities - Markov chain - Steady

state - Markov analysis.

Unit V (21 Hrs)

Simulation - Generation of random numbers - Monte -carlo simulation - Applications to

inventory control - Applications to capital budgeting - Applications to queuing problems.

* ---------*: Self Study

Text Books


Publication

1.

Kanti swaroop,

P.K.Gupta and

Manmohan

Operations research McMillan Publishers,

New York

2005

UNIT I : Chapter -2 Sections 2.1 -2.2

Chapter -3 Sections 3.1 -3.6

Chapter -4 Sections 4.1, 4.3, 4.4 (simple problems)

UNIT II : Chapter -10 Sections 10.1 -10.3,10.8(176 -178)10.11,10.12,10.14.

Chapter -11 Sections 11.1 -11.4, 11.6.

UNIT III: Chapter - 21 Sections 21.1,21.2,21.4 -21.7

2.

J.K.Sharma Operations research Second Edition 2004

UNIT IV: Chapter -21 pg. no: 735-756

UNIT V : Chapter -22 pg. no: 761-788

Reference Book

S. No Author Title of the book Publishers Year of Publication

1. V.Sunderesan,

K.S.Ganapathy

Subramaniam,

K.Ganesan

Operations

research

A.R.Publications 2005

Pedagogy

Lecture-Chalk & talk, LCD, Group discussion, Seminar, Quiz

Course Designer

1. Ms.K.Sharmilaa, Assistant Professor

2. Ms.M. Deepa. Assistant Professor

Preamble

To impart the students with knowledge in basic Probability and statistical concepts.

To present the fundamental basis for many other areas in the mathematical sciences including

statistics, modern optimisation methods and risk modelling.

Course Outcomes Upon the successful completion of the course, students will be able to

TH16I05 PROBABILITY AND STATISTICS II


CORE 101 4 - 4



CO1 S M S S M

CO2 S S S S M

CO3 S S S S S

CO4 S S S M S

CO5 S S M S S


Syllabus

Unit I (20 Hrs)

Central limit theorem (statement only) - Concepts of random sampling-sampling distributions–

standard error – Unbiased estimators of mean and variance – Estimation by MME and MLE.

Unit II (21 Hrs)

Testing of statistical hypothesis – Null and alternate hypothesis – type 1 and type 2 errors – level

of significance - power of a test –– critical region - uniformly most powerful test – one tailed

test – critical value – large sample test – test of significance for mean and standard deviation.

Unit III (20 Hrs)

Small sample tests based on t , F, Chi-square – Confidence Intervals: Intervals based on t, F

and Chi-square distributions.

Unit IV (20 Hrs) Analysis of variance – one and two-way classification – randomized block design -Latin Square

address Randomized block VS Latin square – Latin cubes - definitions and problems only.

Unit V (20Hrs)

Correlation and regression analysis- *scatter diagram *– Karl Pearson’s coefficient of

correlation – calculation of rank correlation coefficient – probable error – regression – linear

regression.

Text books

S. No Author Title of the

book

Publishers Year of

Publication

1. S.C.Gupta and

V.K.Kapoor

Fundamentals of

Mathematical

Statistics

Sultand chand &

sons

2014

UNIT : I - Chapters 9, 14 & 17: Sections: 9.13 (statement only)

14.1 - 14.3.2, 14.8.1,

17.1-17.2.3, 17.6, 17.6.3

UNIT : II – Chapters 14 & 18: Sections: 14.4– 14.8.5,

18.2.1 – 18.2.7, 18.3 – 18.4

CO

Number


Level

CO1 Understand the meaning and utility of sampling in statistics. K1

CO2 To demonstrate a frame work for testing of hypothesis. K2

CO3 Identify the right probability distribution (normal, t, binomial, etc.) for

analysis

K3

CO4 Emphasis the need for various applications of distributions K3

CO5 Apply concepts of correlation in their computation and interpretation K3

UNIT: III – Chapters 15 & 16: Sections: 15.1 - 15.2, 15.6 - 15.6.3

16.1- 16.3.3, 16.5 -16.6.1

UNIT :V – Chapters 10 &11: Sections : 10.1 – 10.7, 11 – 11.2.2, 11.2.5

2. Statistical Methods by S.P.Gupta for unit (IV).

UNIT: IV – Volume II Chapter 5 & 6

Reference Books S. No Author Title of the

book

Publishers Year of

Publication

1 S.C.Gupta Fundamentals of

Statistics

Himalaya Publishing

House

2015

2. MAJUMDAR V K Statistics RAWAT

PUBLICATIONS

2002

3 BAISNAB A P AND

MANORANJAN

JAS

Elements of

probability and

statistics

TATA MC GRAW

HILL

2006

4 ELHANCE D N Fundamentals

of statistics KITAB MAHAL

1987

5 SHUKLA M S AND

GULSHAN S S Elements of

statistics S. CHAND AND CO

1971

Pedagogy Chalk and talk, Group Discussion, PPT, Seminar, Quiz, Assignment.

AM17A06

CUSTOMER RELATIONSHIP

MANAGEMENT


Allied 71 4 - 5

To help the students to understand the concepts of CRM and e-CRM.

To know the CRM practices in service sectors.

To understand the values of customer.

Course Outcomes




Preamble

CO

Number


Level

CO6. Understanding the insight knowledge in CRM practices K1

CO7. Describe the concepts of e-CRM K2

CO8. Apply CRM in service sectors. K3


CO6. S M L L S

CO7. S M L L M

CO8. M L L L M

http://opac.psgrkc.com/web_opac/Basicsearch2.aspx?title=MAJUMDAR

http://opac.psgrkc.com/web_opac/Basicsearch2.aspx?title=ELHANCE



Syllabus

UNIT I (DL 14 hrs)

Introduction to CRM - Definition of a customer – Definition of CRM- Importance of

CRM- Architecture of CRM-CRM Process- CRM Strategy: objectives –segments, effective

interaction

UNIT II (DL 14 hrs)

Customer satisfaction –meaning and definition –components of customer satisfaction –

need to measure customer satisfaction. Customer loyalty-Introduction –defining customer

loyalty-concepts and significance- advantages of customer loyalty-determinants of customer

loyalty-factors affecting customer loyalty-difference between customer satisfaction and customer

loyalty.

UNIT III (DL 15 hrs)

Definition of E-CRM -Need of E-CRM- Framework of E-CRM -Features of E-CRM-

advantages of E-CRM-Various stages in evolution of E-CRM - Six e’s of E-CRM – (CRM Vs E-

CRM )*-Architecture of E-CRM

UNIT IV (DL 14 hrs)

Customer service –essentials of customer service. Customer relationship management

practices in Indian service sectors-Banking and Financial Sector- Hospitality industry-Aviation

Industry-Indian Telecom industry.

UNIT V (DL 14 hrs)

CRM emerging concepts and perspective –introduction : A cost benefit analysis –CRM

benefits- CRM Cost-customer value- customer life time value-issues in calculating CLV-

Customer profitability

Text Book

S.No Author Name Title of the Book Publisher Year and

edition

1 Alok Kumar Rai


Management: concepts

and cases

PHI learning

pvt. Ltd.

2013

2 S.Shanmugasundaram


Management: modern

trends and perspectives

PHI learning

pvt. Ltd.

2008

Reference Book


edition

1 H.Peeru Mohammed,

A. Sagadevan

Customer relationship

marketing: A step by step

approaches

Vikas

Publishing

House

2009

2. Sheth, Parvatiyar,

Shainesh

Customer relationship

management: Emerging

Concepts, Tools and

Applications

Tata Mc Graw

Hill Publishing

Ltd

2008

DATA ANALYSIS USING EXCEL AND R PROGRAMMING

SEMESTER III & IV

SKILL BASED SUBJECT

PAPER-I - INTRODUCTION TO FINANCIAL MODELING

SUBJECT CODE- SB17AM01

Objective:

To enable the students to construct spreadsheet for basic financial applications using

financial functions available in spreadsheet.

Credits: 4 Hours: 58

UNIT-I (DL 11 Hrs)

Introduction to Excel- The Excel 2007 window- Starting Excel- Navigating within a

worksheet- Entering data- Editing data- Inserting or deleting cells, rows and works sheet-

Formatting data- Hiding rows and columns- Keeping row and column headings in view.

UNIT –II (DL 12 Hrs)

Formulas- Creating a formula- Relative cell referencing- Absolute cell referencing-

Functions- Using AutoSum- The IF() function- Printing- Printing a worksheet- Charts-

Modifying a chart- Data manipulation- Sort- Filter

UNIT-III (DL 12 Hrs)

Introduction to Financial Modeling-Difference between a Spread Sheet and Financial

model. Types and purpose of financial model-Tools for financial modeling-Grouping-Goal

Seeking-Pivot Table-Macros.

UNIT-IV (DL 12 Hrs)

Financial Statements Modules Types-Links between the Financial Statements-Financial

Statement Impacts-Accounting Standards.

UNIT-V (DL 11 Hrs)

Income Statement Module-Balance Sheet Module-Cash Flow Statement Module-Direct

Cash Flow Statement Layout-Indirect Cash Flow Statement Layout.

Text Books

S.No Name of the Author Title of the Book Publication & Year of

Edition

1 Danielle Stein Fairhurst Using Excel for Business

Analysis: A Guide to Financial

Modeling Fundamentals

2012 Ed

John Wiley & Sons Inc

Publications

2 Chandan Sengupta Financial Modeling Using

Excel and VBA

2009 Ed

John Wiley & Sons Inc

Publications

DATA ANALYSIS USING EXCEL AND R PROGRAMMING

SEMESTER III&IV - SKILL BASED SUBJECT

PRACTICAL I – MODEL PRACTICAL LIST

FINANCIAL MODELING USING EXCEL

SUBJECT CODE- SB17AMP1


1. Preparation of Income Statement:

Input: Receipts & Payments. Functions to be used: Data validation, Audit Toolbar,

‘fx’ – functions, Conditional Formatting, Combo Boxes, Controls, Scenarios,

Goal Seek, Auto Correct.

Expected Output: Income Statement

2. Time Value of money:

Input: Cash Flows. Functions to be used: FV, NPER, PMT, PV, TYPE,

Expected Output: NPV, IRR, ROI

3. Estimating the share price:

Input: Share Prices. Functions to be used: Graph, Trend Setting.

Expected Output: Trend line

4. Calculation of Risk Adjusted Rate

Input: Share Prices.Functions to be used: CAPM Functions

Expected Output: Beta value and Trend line

https://www.bookdepository.com/publishers/John-Wiley-Sons-Inc

https://www.bookdepository.com/publishers/John-Wiley-Sons-Inc

5. Capital Rationing.

Input: Cash Flows.

Functions to be used: Solver Parameters

Expected Output: Ranking based on Pay-back period

6. Leverage

Input: Various Costs.

Functions to be used: Goal Seek.

Expected Output: DOL, DFL and DCL; BEP graph

7. Designing Capital Structure

Input: Summarized Income Statement.

Functions to be used: Goal Seek

Expected Output: EPS, EPS growth rate.

8. Inventory Management

Input: Inventory data. Functions to be used: Scenarios

Expected Output: EOQ, Max level, Min level, Graph.

9.Credit Policy

Input: Opening and Closing Receivables.

Functions to be used: Min, Max.

Expected Output: Aging Schedule

10.Cash flow Estimation

Input: Cash flows.

Functions to be used: Auto correct

Expected Output: Cash Budget

Note: Theory combined with problems using formulas are taught simultaneously in Computer

lab using MS Excel software.

SEMESTER-V

Preamble

To provide the fundamental knowledge and techniques in Management Accounting

To apply the tools and techniques used to plan, control and make decisions

To learn the Budgetary control procedures, reporting of organizational performance

and calculation of variances

Prerequisite

Basic Knowledge in Financial Statements

Course Outcomes

On the successful completion of the course, students will be able to prepare and

present information for management decision making and control process

CM16C11/AM16C06 MANAGEMENT ACCOUNTING Category L T P Credit

Core 71 4 - 4



CO1 S S S S S

CO2 S S S S S

CO3 S S S S S


Syllabus

UNIT I (15 Hrs)

Management Accounting- Meaning, Objectives & Scope - Need and Significance -

Relationship between Management Accounting, Cost Accounting & Financial Accounting.

Financial Statement and their importance- Tools for Analysis and Interpretation- Common Size

Statements, Comparative statement and Trend Analysis

UNIT II (14 Hrs)

Ratio Analysis - Significance of Ratios - Ratios for Long term and Short term - Financial

Position – Profitability, Liquidity - Uses and Limitations of Ratios

UNIT III (14 Hrs)

Fund Flow & Cash Flow Analysis – AS 3

UNIT IV (14 Hrs)

Budgeting and Budgetary Control - Definition, Importance, Essentials and Classification

of Budgets, Master Budget, Preparation of Different Budgets- Budgetary control-Steps in

Budgetary Control – Zero Base Budgeting.

UNIT V (14 Hrs)

Marginal Costing - CVP Analysis and Break-Even Analysis, Managerial Applications of

Marginal Costing including transfer pricing -Significance and limitations of Marginal Costing.

Standard Costing - Meaning- suitability as a management tool- limitation- Variance Analysis-

Material and Labour Variances only

Distribution of Marks Theory 20% and Problems 80%

Text Book:

Sl.No. Author Name Title of the book Publishers Year and

Edition

1 Sharma R.K

Sashi K.Gupta

Neeti Gupta

Management

Accounting

Kalyani

Publishers

Reprinted

2016, IV

edition

Books for Reference:

Sl.No. Author Name Title of the book Publishers Year and

Edition

1 Jain and Narang Cost and Management

Accounting

Kalyani

Publishers

2013, 21st

Edition

CO

Number


Level

CO1 Find and Apply tools and techniques used to plan, control and make

decision K1, K3

CO2 Prepare budgets and demonstrate budget control techniques K2, K3

CO3 Illustrate and Build the knowledge of break-even analysis and profit

maximization K2,K3

2 Maheswari S.N Management

Accounting

Sultan Chand and

Sons

2013,

Reprint

3 Reddy T.S and

Reddy H.P

Management

Accounting

Margham

Publications

2013, VIII

Edition

Course Designers

1. Dr.G.Kavitha – Department of Commerce

2. Dr.S.Sujatha - Department of Commerce

TH16I06 FINANCIAL MATHEMATICS I


Core 86 4 - 4

Preamble

To provide a grounding in interest rates and their simple applications.

To concentrate on understanding the concepts of accumulation and present value of

annuities.

To impart a fundamental skill in constructing loan schedule.

Prerequisite

Basic Knowledge in Financial terms

Course Outcomes



Co1 Illustrate how to take into account the time value of money

using the concepts of compound interest and discounting

K1

Co2 Characterize and use the more important compound interest

functions, including annuities certain

K2

Co3 Describe how a loan may be repaid by regular instalments

of interest and capital.

K3



Co1 L S S S M

Co2 L M S S M

Co3 M M M S M


Syllabus

UNIT I (17 Hrs) Rates of interest – Simple and Compound interest rates –Effective rate of interest -

Accumulation and Present value of a single payment – Nominal rate of interest – Constant force

of interest - Relationships between these rates of interest - Accumulation and Present value of

single payment using these rates of interest – accumulation and present value of a single payment

using these symbols - when the force of interest is a function of t, (t). Definition of A(t1, t2),

A(t), v(t1, t2) and v(t). Expressing accumulation and present value of a single payment using

these symbols - when the force of interest is a function of t, (t).

UNIT II (15 Hrs) Series of Payments(even and uneven) - Definition of Annuity*(Examples in real life

situation)* – Accumulations and Present values of Annuities with level payments and where the

payments and interest rates have same frequencies - Definition and Derivation of n

a , n

s , ,

, Definition of Perpetuity and derivation for

a and

a -Examples.

UNIT III (19 Hrs)

Accumulations and Present values of Annuities where payments and interest rates have

different frequencies. Definition and derivation of )( p

na , ,

)( p

ns , Increasing and

Decreasing annuities – Definition and derivation for n

Ia)( , n

Is)( and n

Da)( .

UNIT IV (17 Hrs)

Annuities payable continuously - Definition and derivation of na , n

aI )( , ns ,

nsI )( - Annuities where payments are increasing continuously and payable continuously –

definition and derivation of n

aI )( , n

sI )( .- Annuities where payments and interest both are

varying continuously : Evaluation of n

dttvt0

)()(

UNIT V (18 Hrs)

Loan schedules- Principal and interest portion of annuity payments- Purchase price of

annuities net of tax- Consumer credit transactions: Definition of flat rate of interest- total charge

for credit and the annual percentage rate of return- Derivation for the approximate relationship

between the flat rate of interest and the effective rate of interest in the consumer credit

transactions.

*Self Study

Text Books


publication

1. NA CT 1 Financial

Mathematics

Institute of Actuaries

ActEd. Study Materials.

2015

Chapter : 2,3,5,6,7,9

Reference Books:


publication

3. McCutcheon, J.J.

Scott- William F

An Introduction to

Mathematics of

Finance

Oxford,

Butterworth-

Heinemann

2015

Unit 1,2,3,4,5

4. Eugene Don and Joel

Lerner,W.Taylor

Basic Business

Mathematics

Schaum’s Outline

Series, McGraw Hill

2015

Course Designers

1. Ms. M.Harini

2. Mrs.G.Indrani

AM16C07

LIFE CONTINGENCIES


Core 56 4 - 4

Preamble

To formulate the students to understand the basic concept of life table and insurance.

To provide students with an understanding of the mathematical concepts and techniques

that are used to model and value cash flows contingent on survival and death

Prerequisite

Basic Knowledge in Insurance

Course Outcomes



Co1 Depict practical methods of evaluating

expected values and variances of the simple

assurance and annuity contracts

K1

Co2 Describe and compute net premiums and net

premium reserves of simple insurance

contracts.

K2

Co3 Illustrate the computation of net premiums and

net premium reserves for with-profit policies.

K3



Co1 M L S M S

Co2 L L S S S

Co3 L L S M S


Syllabus

UNIT I (11 Hrs)

The life table: Constructing a life table – Using the life table - The pattern of human

mortality - Life table functions at non-integer ages - Method 1 – uniform distribution of deaths

(UDD) - Method 2 – constant force of mortality (CFM) - The general pattern of mortality -

Mortality characteristics - The shape of qx, lx, dx - Using the life table to evaluate means and

variances - Evaluating means and variances without use of the life table - Select mortality -

Displaying select rates - Constructing select and ultimate life tables - Using tabulated select life

table functions - Evaluating means and variances using select mortality.

UNIT II (11 Hrs)

Life assurance contracts: Pricing of life insurance contracts - Equations of value -

Allowance for investment income - Present value random variable - Expected present value -

Variance of the present value random variable for life assurance contracts – Life assurance

benefits payable immediately on death - Claim acceleration approximation.

UNIT III (11 Hrs)

Life annuity contracts: Immediate annuity - Present value random variable - Expected

present value - Variance of the present value random variable - Annuity-due - Temporary

annuity - Temporary annuity-due - Deferred annuities - Deferred annuities-due - Continuous

annuities.

UNIT IV(11 Hrs)

Net premiums and Reserves: Premiums - The net premium – Determination of Net

Premium for Assurance contracts- Insurer’s loss random variable – Reserve- Prospective reserve

- Retrospective reserve - Conditions for equality of prospective and retrospective reserves- Net

Premium reserve- Net Premium reserve for assurance contracts- Mortality profit - Death strain at

risk (DSAR) - Expected death strain (EDS) - Actual death strain (ADS) - Mortality profit -

Mortality profit on a portfolio of policies - Allowing for survival benefits – Annuities - Thiele’s

differential equation.

UNIT V (12 Hrs)

Variable benefits and with-profit policies: Variable payments - Payments varying at a

constant compound rate - Payments changing by a constant monetary amount - Whole life

assurance - Term assurance - Whole life annuity payable annually in arrears - Whole life annuity

payable annually in advance - Temporary annuities - With-profit contracts – *(Types of bonus)*

- Calculating net premiums and net premium reserves for with-profit contracts - Net future loss

random variable - Net premiums - Net premium reserves.

*Self Study

NOTE: No derivations. Only problems

Text Books


publication

1. NA CT 5 Contingencies Institute of Actuaries

ActEd. Study

Materials.

2016

Chapter : 1,2,3,4,5,6

Reference Books:


publication

1. Bowers, Newton L et

al. –

Actuarial

mathematics

2015 2nd ed

2. Neill, Alistair. –

Heinemann,

Life contingencies 3. 2010

Course Designers

o Ms. M.Harini

o Mrs.C.Anitha Mary

Preamble

To know about the Indian contract Act

To understand the technical elements of a contract and sale of goods act.

To familiarize various types of contract

Prerequisite

Basic knowledge in business terms

Course Outcomes


CO

Number CO Statement

Knowledge

Level

ACL16E1

COMMERCIAL LAW


CORE 71 4 - 5

CO1. Determine and understand the various rules and regulations in Indian

contract Act K1

CO2. Discriminate different elements of sales K2

CO3. Interpret the different kinds of contracts K2, K3


Cos PO1 PO2 PO3 PO4 PO5

CO1. S M L S L

CO2. S M L S L

CO3 S M M M L


Syllabus

UNIT –I (14 Hrs)

Indian contract Act, 1872 – Contract – Definition – Essential elements of a contract –

kinds of contract - Offer and Acceptance – Consideration – Capacity to contract.

UNIT – II (14 Hrs)

Free consent – Unlawful agreements – Quasi contracts – Different modes of discharge of

contract – Remedies for breach – Principles of awarding damages.

UNIT – III (14 Hrs)

Contract of indemnity and guarantee – case studies related to indemnity and guarantee -

Bailment and pledge

UNIT- IV (14 Hrs)

Sale of goods act 1930 – Definition of sale –distinction between sale and

agreement to sell – essential elements of a valid sale – Conditions and warranties – Rules

regarding passing of property in goods – principle of “Caveat Emptor” and its limitations.

UNIT – V (15 Hrs)

Creation of agency – classification of agents – Relations of principal and agent –

delegation of authority- Relation of principal with third parties – (Personal liability of agent )*–

Termination of agency.

*self study

Text Book


publication

1 N.D. Kapoor Business law Sultan Chand &

sons

2016



publication

1 R.S.N Pillai &Bagavathi Business law Sultan Chand &

sons

2015

2 S.Kathiresan&DR.V.Radha Business law Prassana publishers 2015

Course Designers

1. Mrs.S.Brindha

2. Mrs.P.Keerthika

ACL16E2 RESEARCH METHODOLOGY


ELECTIVE 71 4 - 5

Preamble

T o understand the objectives of Research.

To know the tests of significance and preparation of report

To gain a working knowledge in Research methodology

Prerequisite

No prerequisite required

Course Outcomes




Syllabus

UNIT I(DL 14 Hrs)

Introduction Meaning and Definitions of Research, Objectives of Research, Qualities of

good researcher –Types of research –Research process- Research Problem: Identification and

formulation, criteria for good research problem. Research Design-Components of Research

Design

UNIT –II (DL 14 Hrs)

Sampling –Methods and techniques –Sample size –Sampling error –Steps in sampling -

criteria for good sample design - Types of sample designs –Tools of data collection –Interview

schedule –Questionnaire. Interview schedule -Observation, interview and mailed questionnaire.

Pilot study and final collection of data- editing - and tabulation of data

UNIT –III (DL 14 Hrs)

Hypothesis: - meaning - sources – Types-Measurement - meaning - need Errors in

measurement - Types of scales - scale construction techniques -Tests of sound measurement

Techniques of measurement - scaling Techniques - meaning -Types of scales - scale construction

techniques.

UNIT –IV (DL 14 Hrs)

Measures of Central tendency –Standard deviation –Correlation–Test of significance –T-

Test and F- Test, test of significance for attributes analysis of variance (ANOVA) –Chi-square

test.(Simple Problems only)

CO

Number CO Statement

Knowled

ge Level

CO1. To understand the meaning of research and its methods K1

CO2. To determine the Sampling size and methods K2

CO3. To prepare the report of the research K3

Cos PO1 PO2 PO3 PO4 PO5

CO1. S S M S M

CO2. S M S M S

CO3. M S S S S

UNIT –V (DL 15 Hrs) Interpretation - meaning - Techniques of interpretation - Report writing:- Significance -

Report writing:- Steps in report writing - Layout of report - Types of reports - Precautions for

writing report - Norms for using Tables, charts and diagrams – (Appendix:- norms for using

Index and Bibliography)*

* Self Study

Distribution of Marks Theory 80% and Problems 20 Text Book:

Sl.No. Author name Title of the book Publisher Year &Edition

1 C.R. Kothari, Gaurav

Garg Research Methodology

New Age

International

Publishers

2015-4th

edition



publication

1 R. Panneerselvam Research

Methodology

PHI Learning Pvt.

Ltd.

2014 2nd

ed.

2 Donald Cooper

Business Research

Methods

McGraw-Hill Higher

Education, 2013

12th

Edition.2013

Course Designers

1. Mrs. C.Anitha Mary

2. Mrs.G.Indrani

ADVANCED LEARNERS PAPER (SELF STUDY)

AM16AC1

UNDERWRITING AND CLAIM

MANAGEMENT


ALC - - - 5

Objectives

T o understand the fundamentals of Underwriting.

UNIT I

Underwriting Management- Meaning and Fundamentals of Underwriting –

Underwriting Policy, Sources of Underwriting Information - Classes of Business- Product

Design,. Underwriting of Life Insurance – Underwriting of General Insurance

UNIT II

Underwriting and Pricing of Product, Assessment and Management of Exposure –

Perils and Clause of Insurance Policies, Operational Control

UNIT III

Claim Management – Concept and Classification of Claim – Essential Elements of

Claim – Claim Procedure – Role of Insured and Insurer in Claim Management- Claim

Settlement and its Significance

UNIT IV

Nature of Claim for Various Classes of Insurance – Dispute, Litigation and Arbitration-

Insurance Ombudsman.

UNIT V

Trends in Claim – Role of IT in Claim Settlement – Customer Service – Quality Aspect

– Insurance Business and Claim Management in Other Countries.

Text books:

https://www.amazon.in/s/ref=dp_byline_sr_book_1?ie=UTF8&field-author=C.R.+Kothari&search-alias=stripbooks

https://www.amazon.in/s/ref=dp_byline_sr_book_2?ie=UTF8&field-author=Gaurav+Garg&search-alias=stripbooks

https://www.amazon.in/s/ref=dp_byline_sr_book_2?ie=UTF8&field-author=Gaurav+Garg&search-alias=stripbooks

https://books.google.co.in/url?id=-pBeBAAAQBAJ&pg=PP1&q=http://www.phindia.com&linkid=1&usg=AFQjCNHMIWVRSLHd03bWD1Ag0bla_5edjA&source=gbs_pub_info_r

https://books.google.co.in/url?id=-pBeBAAAQBAJ&pg=PP1&q=http://www.phindia.com&linkid=1&usg=AFQjCNHMIWVRSLHd03bWD1Ag0bla_5edjA&source=gbs_pub_info_r

https://www.google.co.in/search?tbo=p&tbm=bks&q=inauthor:%22Donald+Cooper%22&source=gbs_metadata_r&cad=4


publication

1 George E.Rejda Principles of Risk

Management and

Insurance

Sultan Chand &

sons

2010 Edition

Books for reference


publication

1 Scott Harington Risk Management

and Insurance

Tata Mcgrawhill,

2012 8th

edition

AM16AC2 MARKETING Category L T P Credit

ALC - - - 5

Objectives

To understand the principles and practices of marketing

UNIT I

Introduction – Marketing as an exchange process – Market – Definition – classification

of markets- marketing – definition – features – Nature and elements –objectives and

importance – marketing an art or science – functions and scope of marketing.

UNIT II

Evolution Of Modern Marketing – Concept – components of marketing – benefits –

limitations – elements of marketing – marketing mix – concept of marketing mix.

UNIT III

Product mix – product policy – element of product policy – product life cycle

UNIT IV

Price mix – objectives of pricing – factors affecting pricing decisions- promotional mix

– personal selling – sales promotion - advertising - objectives and kinds – publicity.

UNIT V

Physical distribution mix – channels of distribution – kind of channel member. E-

Marketing

Text books


publication

1 R.S.N. Pillai and

Bagavathi

Marketing Sultan Chand &

sons

2016

Edition

Books for reference


publication

1 Sherlaker- Modern marketing Himala publishing

house

2016 edition

SEMESTER - VI

Preamble

CM16C14/

AM16CO8 COST ACCOUNTING


CORE 86 4 - 4

To provide an in depth study of the Cost Accounting Principles and Techniques for

identification, analysis and classification of cost components

To Explain the basic concepts and processes in determination of cost of products and

services

To facilitate managerial decision making process

Prerequisite

Knowledge on Classification of Material, Labour and Overheads

Course Outcomes


CO

Number


Level

CO1 Understand and explain the conceptual framework of Cost

Accounting K1 & K2

CO2 Familiarize concept and role of cost accounting in the business

management of manufacturing and non-manufacturing companies

K2

CO3 Provide an in depth knowledge on cost ascertainment.

And to identify the areas of application of costing techniques. K3



CO1 S S S S S

CO2 S S S S S

CO3 S S S S S

Syllabus

Unit I (18 Hrs)

Cost Accounting – Definition, Meaning & Scope – Relationship of Cost Accounting

with Financial Accounting and Management Accounting – Methods of Costing – Cost

Analysis, Concepts and Classifications – Elements of Cost, Preparation of Cost Sheet and

Tender – Costing as an Aid to Management – Limitations and Objections Against Cost

Accounting - Reconciliation of Costs and Financial Accounts. Unit II (17 Hrs)

Materials – Purchasing of Materials, Procedure and Documentation Involved in

Purchasing – Requisitioning for Stores – Methods of Valuing Material Issues – Maximum,

Minimum & Re-ordering Levels – EOQ – Perpetual Inventory.

Unit III (17 Hrs)

Labour – Systems of Wage Payment, Idle Time, Control Over Idle Time – Labour

Turnover

Unit IV(18 Hrs)

Overhead – Classification of Overhead – Allocation and Absorption of Overheads.

Activity Based Costing.

Unit V(17 Hrs)

Process Costing – Features – Process Losses, Waste, Scrap, Normal Process Loss,

Abnormal Process Loss, Abnormal Gain and Inter-process Profit (Excluding Equivalent

Production) – Accounting for Joint and By-products.

Distribution of Marks Theory 20% and Problems 80%.

Text book:

S.

No

Authors Title Publishers Year of

Publication

1. Jain and Narang Cost Accounting Kalyani Publishers Reprint2015


S.

No

Authors Title Publishers Year of

Publication

1. Pillai R.S.N and

Bagawathi

Cost Accounting S Chand & co 2015ed

2 Maheswari. S N Principles of

Cost Accounting

Sultan Chand &

sons

Reprint 2016

Preamble

To introduce the concept of strategic approach for optimal decision-making.

To understand loss distributions and its applications in insurance.

Course Outcomes

Upon the successful completion of the course, students will be able to



CO1 S S S M S

CO2 S S S S S

CO3 S S M S M

TH16I07 RISK MODELS Category L T P Credit

CORE 86 4 - 5

CO

Number

CO Statement Knowled

ge Level

CO1 To understand the importance of competitive and cooperative

factors in a variety of decision problems. K1

CO2 Demonstrate how Bayesian Methods can be used to solve real

world problems. K2

CO3 Apply various distributions to reduce excess loss function. K2

CO4 Aggregating all risk distributions, reflecting correlations and

portfolio effects, and expressing results in terms of impact on the

organization’s key performance indicators

K3

CO5 Developing strategies for controlling or exploiting the various risks

related to insurance. K3

CO4 S M S S M

CO5 S S M S S


Syllabus

UNIT I (16 Hrs)

Joint and Marginal Densities - Conditional Distributions - Building Models - Bayesian

Estimator Bayesian Models.

UNIT II (18 Hrs)

Loss distributions: Introduction - The exponential, Pareto, gamma, Weibull, Lognormal

– Loss distributions and reinsurance – proportional reinsurance - Excess of loss Reinsurance

and its related problems.

UNIT III (18 Hrs)

The Collective Risk Models: Basic properties of compound distribution- compound

Poisson, binomial and negative binomial distributions – sums of compound Poisson

distribution – exact expressions for the distribution of S – approximations for the distribution

of S.

UNIT IV (18 Hrs)

Individual Risk Models for S: Basic properties of the individual risk models –

compound binomial distribution and individual risk models – compound Poisson

approximations for individual risk models – reinsurance for aggregate claims – proportional

reinsurance – excess of loss reinsurance – stop-loss reinsurance.

UNIT V (16 Hrs)

Decision and Game theory: Introduction to Game theory – zero sum-two person games-

The minimax criterion-Saddle point- Randomized strategies- Decision making and risk-

minimax criterion – the Bayes criterion.

Text Book


Publication

1. Robert W.

Keener

Theoretical Statistics Springer, New

York

2010

Unit I Chapter – 6 Sections : 6.1 - 6.3

Chapter – 7 Sections : 7.1 -7.2

2. Philip J.

Boland

Statistical and Probabilistic

Methods in Actuarial

Science

CRC Press,

Taylor and

Francis Group

2007

Unit II Chapter – 2 Sections : 2.1 -2.2, 2.5, 2.6

Unit III Chapter -3 Sections : 3.2.1 – 3. 2.5

Unit IV Chapter -3 Sections : 3.3.1 -3.3.3, 3.5.1 -3.5.3

Unit V Chapter -8 Sections : 8.1 - 8.3

Reference Books


Publication

1. Hossack,Ian B,

pollard, John_ H ,

Zerhwirth, Benjauin

Intoductory statistics

with application in

general Insurance-

2nd

Edition

Cambridge

University press.

2. Newton L_ Bowers

Hans U_

Risk Theory Society of

Actuaries, USA

Gerber_James C

Hickman Doneld A

James and cecil J

Nesbitt

3. Shailaja R Deshmukh Actuarial Statistics-

An introduction using

R –, (2009).

University Press 2009

Course Designer

1. Mrs.S.Aiswarya, Asst. Professor

2. Mrs.C.R.Parvathy, Asst. Professor

TH16I08

FINANCIAL MATHEMATICS II


Core 86 4 - 5

Preamble

To understand the procedure related to Financial instruments Valuation.

To impart knowledge and the ability to measure the investment performance of a fund.

To enlarge the idea of interest rates that varies by term and stochastic interest rates.

Prerequisite

Basic Knowledge in Investment model.

Course Outcomes


CO No. Co Statement Knowledge Level

CO1 Evaluate elementary compound interest problems K1

CO2 Illustrate the discounted cashflow techniques that can be

used in investment project appraisal.

K2

CO3 Demonstrate an understanding of the term structure of

interest rates and simple stochastic interest models for

investment returns.

K3


COs Po1 Po2 Po3 Po4 Po5

CO1 L M M S M

CO2 M S M S M

CO3 L M S S M


Syllabus

UNIT I (16 Hrs)

Valuation of Financial instruments: Fixed interest securities- Evaluating the securities-

Calculating yields- the effect of the term to redemption on the yield- Optional redemption

rates- uncertain income securities- Evaluation of purchase price subject to income tax and

capital gains tax.

UNIT II (17 Hrs)

Project appraisal: Definition of net present value (NPV) and interest rate of return

(IRR)- Comparison of two investment projects based on NPV and IRR- Discounted payback

period (DPP)- Money weighted rate of return (MWRR)- Time weighted rate of return

(TWRR)- Linked internal rate of return (LIRR).

UNIT III (19 Hrs)

Term structures of interest rates- Theory of interest rates- Discrete time n-year spot

rate- n-year discounting factor corresponding to n-year spot rate- Relationship between gross

redemption yield and spot rate of interest- Continuous time spot rate- Discrete time forward

rate of interest- Continuous time forward rate of interest- n- year par yield .

UNIT IV (17 Hrs)

Matching of assets and liabilities- Absolutely matched business- Volatility or effective

duration- Discounted Mean Term (DMT) or duration- the DMT of fixed- interest securities-

Variation of DMT with respect to n year- DMT of zero coupon bond- Convexity- Redington’s

theory of Immunization-* (Application of Redington’s Immunization theory) *

UNIT V (17 Hrs)

Stochastic interest rate of models: Independent interest rates- Definition of Sn - Mean

and Variance of Sn - Definition of An - Mean and Variance of An - Definition of Vn - Mean and

Variance of Vn - Simple problems.

* Self Study

Text Books


publication

1. NA CT 1 Financial

Mathematics

Institute of Actuaries

ActEd. Study

Materials.

2008

Chapter : 10,12,14,15

Reference Books:


publicati

on

1. Mc Cutcheon,

J.J. Scott, William F

An Introduction to

Mathematics of Finance

Oxford, Butterworth-

Heinemann.

2015

Unit 1,2,3,4,5

2. Shailaja R Deshmukh Actuarial Statistics-

An introduction

using R

University Press 2011

Course Designers

Ms. M.Harini

Mrs.G.Indrani

Preamble

To acquaint with microeconomic and macroeconomic concepts

To familiarize various economic theories and market structures

To interpret and examine the monetary and fiscal policy

Prerequisite

AM16C09 BUSINESS ECONOMICS Category L T P Credit

CORE 56 4 - 4

Basic knowledge in economics

Course Outcomes


CO

Number CO Statement

Knowledge

Level

CO1 Determine and understand the various laws of economics K1

CO2 Discriminate different market structure and pricing policy K2

CO3 Interpret economic theories and policies K2, K3



CO1. S M L S L

CO2. S M L S L

CO3 S M M M L


Syllabus

Unit I (11 hrs)

Business Economics: Meaning- definitions- characteristics - distinction between

business economics and economics - scope of business economics - uses/objectives of

business economics – (role and responsibilities of business economist.)*

Unit II (11 hrs)

Theory of Demand and Analysis: Demand- Types of demand-extension and

contraction of demand-demand determinants - law of demand- exceptions -elasticity of

demand -price elasticity of demand - types of price elasticity of demand –factors determining

price elasticity of demand-measurement of price elasticity of demand-business applications of

price elasticity of demand-concepts of income and cross elasticity of demand.

UNIT III (11 hrs)

Supply analysis: Law of Supply – change in supply curve – types of supply curve-

determinants of supply-measurement of elasticity of supply-factors affecting elasticity of

supply. Cost Analysis: cost concepts and classifications. Production Function: law of variable

proportions, Isoquants and returns to scale - economies of large scale of production-

diseconomies of large scale production.

UNIT-IV (11hrs)

Market Structure: Classification of market-perfect competition-monopoly –monopolistic

competition-price discrimination-oligopoly-features. National Income – Methods of

Measurement – Fiscal and Monetary Policies-Macro - economic policy. International trade-

Balance of payments- Public Finances: Public expenditure-Sources of Public revenue-taxation-

direct and indirect taxes.

UNIT-V (12 Hrs)

Money market and money supply: Supply of money-demand for money-Keynes three

reasons for holding money-interest rates-factors affecting interest rate-IS-LM model-

equilibrium-shifts in IS-LM curves.-Inflation-demand pull inflation-cost push inflation-

Phillips curve.

*Self study

Text Books


publication

1 Sundharam KPM,

Sundharam EN

Business Economics

Sultan Chand &

Sons - New Delhi –

02.

4th

Edition,

2016



publication

1 Shankaran.S Business Economics

Margham

Publications

Ch -17

2016

Course Designers

1. Mrs.S.Brindha

2. Mrs.K.Pavithra

ACL16E3

FINANCIAL SERVICES Category L T P Credit

Elective 71 4 - 5

Preamble

To know the concepts of Financial Services.

To understand the various kinds of Financial Services.

Course Outcomes


CO

NO.


ge Level

CO1. Know the framework of Financial Markets in India. K1

CO2. Familiar with the functions of Financial Services. K2

CO3. Be an expertise in various Financial markets and its Services. K3



CO1. S L M S S

CO2. S M M S S

CO3. S M M M S


Syllabus

UNIT I (DL 14 Hrs)

Introduction to Financial Services – concept – objectives – characteristics –

classification of financial services-Scope-Causes– constituents - growth of Financial Services

in India – new Financial products and services, Innovative Financial Instruments- Financial

Service sector in India - problems faced-Cyber Crimes in Financial Services.

UNIT II (DL 14 Hrs)

Merchant Banking - meaning - definition - scope- functions - merchant banker’s code

of conduct – qualities for merchant bankers- SEBI guidelines-Merchant banker’s commission-

Merchant bankers in market making process-Progress of merchant banking in India-Scope -

Problems of merchant bankers. Securitization-features-need-process of securitization-

Securitization in India.


Lease Financing - definition, characteristics, types of lease, *financial lease vs.

operating lease* - test for financial lease- participants - leasing process - services of the lessor

- advantages of leasing - limitation of lease financing – the Indian leasing scenario.

Hire purchasing - Definition and features –Concept of hire purchasing - Rights of

hirer– Bank credit for hire purchase-difference between Hire Purchasing and Lease Finance.

UNIT IV (DL 14 Hrs)

Venture capital- meaning- features-scope of venture capital- importance- origin-

Venture capital guidelines- stages of venture capital financing- The Indian Scenario: methods

of venture financing-Suggestions for growth of venture capital.

Credit Rating – Functions- origin – credit rating in India – benefits - credit rating

Agencies in India: CRISIL - ICRA – CARE.

UNIT V (DL 15 Hrs)

Mutual Funds - meaning – Fund unit vs. share- origin -types of mutual fund-

importance-Functions, advantages and growth. Factoring: Meaning, terms and conditions-

Functions-benefits-Cost of factoring-types of factoring-Discounting-Difference between

factoring and discounting – Advantages and Disadvantages of factoring. Derivatives:

Meaning, definition, importance, kinds of financial derivatives-Forward vs. Future derivative.

* Self Study

Text Book

S.No

Author Name Title of the Book Publisher Year and

edition

1 E.Gordon

K.Natarajan

Financial Markets and

Services

Himalaya

publishing

House

2016, Revised

Edition

Reference Books


edition

1 Gurusamy Financial Markets and

Services

Tata Mc Graw

Hill Education

Pvt Ltd

2009-2nd

Edition

2.

Bharati V.

Pathak

The Indian Financial

System: Markets,

Institutions and Services

Pearson

Education India

2011- 3rd

Edition

Course Designers

1. Mrs.G.Indrani

2. Mrs.C.Anitha Mary

ACL16E4 SECURITY ANALYSIS AND

PORTFOLIO

MANAGEMENT

Category L T P Credits

Elective 71 4 - 5

Preamble

To be familiar with the concepts of security market and types of analysis.

To provide the use of own approach to valuation and portfolio management

techniques.

Prerequisite

Basic knowledge of Security Market

Course Outcomes


CO

Number


ge Level

CO1 Understand the Concepts of Investment programme, Risk and

Returns K1

CO2 Categorize and correlate various Investment Alternatives K2

CO3 Exemplify and apply the Portfolio Management Techniques K3



CO1 S M S S S

CO2 M L S S M

CO3 S M S M S


Syllabus

UNIT I (DL 14 Hrs)

Investments: Nature and scope-Investment and Speculation – Investment and

Gambling – Investment and Arbitrage – Real and Financial Assets – Important of Investment –

Factors favorable for Investment – Investment Media - Feature of an investment programme -

Investment Process.

UNIT II (DL 14 Hrs)

Returns - Risk: Risk Classification – systematic, unsystematic risk Measurement -

investor’s attitude towards return and risk. Returns – Measurement of Returns – Traditional

Techniques – Modern Technique – Holding period yield. Investment Alternatives: Investor

Classification - Life insurance, investment in units, investment in land, Gold, Silver,

Diamonds, Stamps and Antiques.


Fundamental Analysis: Economic analysis - Industry analysis – Company Analysis –

Company Financial Statement – Ratio relevant for equity shareholders – Economic Value

Added (EVA) – Fundamentals Valuation Models. Technical Analysis: Assumptions – Dow

Theory Charts and Signals – Technical Indicators.

UNIT IV (DL 14 Hrs)

Efficient Market Theory: Efficient Market Hypothesis – Weak Form – Semi Strong

form - Strong form of Market - Empirical Analysis. Portfolio Analysis: Traditional Vs

Portfolio Analysis - The Rationale for Diversification of Investments. Markowitz’s theory –

Efficient Frontiers – Sharpe’s Single Index Model – Sharpe’s Optimal Portfolio.

UNIT V (DL 15 Hrs)

Portfolio Selection International Diversification: Importance of Beta – Capital Market

Theory – Capital Asset Pricing Model – Security Market Line – Limitations of CAPM Model

– Distinction between Capital Market Line and Security Market Line – Validity of CAPM

Model. Techniques of Portfolio revision: Formula Plans- Constant Rupee Value – Constant

Ratio – Variable Ratio – Rupee Cost Averaging.

* Self Study

(100 % Theory Paper.)

Text Book

Sl.No Author Name Title of the book Publisher Year and edition

1 Investment Management

Security Analysis &

Portfolio Management

Preeti Singh Himalaya

Publishing

House

2017 & 19th

edition

Reference Books

S.

No

Author Name Title of the book Publisher Year and edition

1 Security Analysis &


Kevin .S PHI Learning

Private Limited

2013 & 10th

Edition

2 Investment Management K. Bhalla S. Chand

Publishers

2017 & 19th

Edition

3 Portfolio Management Prasanna

Chandra

Tata MC Graw

Hill Publishers

2017 & 5th

Edition

4 Security Analysis &


Punithavathy

Pandian

Vikas

Publishers

2013 & 2nd

Edition

Course Designers:

1. S.Sangeetha

2. K. Pavithra

SEMESTER VI

ADVANCED LEARNERS PAPER - (SELF STUDY)

AM16AC3 REINSURANCE AND

INSURANCE MARKETING


ALC - - - 5

Objectives

To understand the concept of Reinsurance and its clauses

Syllabus

UNIT I Reinsurance – Meaning- History- Function – Nature – Types of Reinsurance – Laws

and Documents of Reinsurance – Reinsurance – Special factors related to different kinds of

insurance

UNIT II Setting Retention – Reinsurance Program Design – Negotiation and Placement of

Reinsurance – Reinsurance Clauses

UNIT III

Reinsurance Accounting – Reinsurance Market – Reinsurance Financial Security –

Alternative to Reinsurance – Inward Reinsurance Business – Processing of Information for

Reinsurance

UNIT IV

Insurance marketing – service marketing – market research – insurance market –

intermediaries – marketing program

UNIT V

Principle of Ratemaking – Data Required For Rate Making – Premium Loss and

Expense Reserve – Insurance Model –Application of Models

Text Books


publication

1. - Insurance Marketing ICFAI Publishers -

2. - Reinsurance – III Mumbai -

Reference Books:


publication

1 George E.Rejda Principles of Risk

Management &

Insurance

Sultan Chand &

sons

2010

Edition

2 Scott Harington Risk Management

and Insurance

Sultan Chand &

sons

2010

Edition

Course Designers

1. Ms. M.Harini

ADVANCED LEARNERS PAPER - (SELF STUDY)

AM16AC4

SERVICE MARKETING


ALC - - - 5

Objectives

To familiar with the concept of service marketing and its importance

Syllabus

UNIT I Introduction – Reasons for growth in service sector – Role of services in an

economy – Services: Indian Scenario - Types of services - Characteristics of services -

Difference between goods and services - Need for service.

UNIT II Marketing management process for services: Organisation marketing planning,

Analysing marketing opportunities, Selecting target market, Developing the service marketing

mix, Managing and Controlling marketing effort.

UNIT III

Consumers in Service Industry - Introduction - Buyer characteristics: Cultural Factors,

Social Factors, Personal Factors, and Psychological Factors

UNIT IV

Buyer Decision – making process: Problem recognition, Information search,

Evaluation of alternatives, Purchase of service, Post –Purchase decision - Comparison of

individual consumer and organizational buyer behaviour for services.

UNIT V

Service Marketing Mix - Introduction - Elements of service marketing mix: Service

Product, Price, Place, Promotion, People, Process, and Physical evidence- Consumer

Protection Act.

Text Books


publication

1. Vasanti Venugopal

and Raghu V.N, ,

Services Marketing Himalaya

Publishing House

Edition:

First Edition

Reprint on

2006.

Reference Books:


publication

1 Rajendra

Nargundkar

Services Marketing Tata Mc Graw Hill

Publishing

Company ltd

Second

Edition, 2012

Course Designers

1.Ms. M.Harini

SEMESTER V&VI - PAPER-II - R PROGRAMMING SUBJECT CODE-SB16FM02

Objective:

To introduce R Programming concepts and to develop programming skills in R Programming Credits: 4 Hours: 58

UNIT-I

Introduction to R -How R works ?Creating, listing and deleting the objects in memory -

The on-line help- Data with R -Objects -Reading data in a file - Saving data -Generating data.

UNIT-II

Regular sequences .- Random sequences - Manipulating objects - Creating objects -

Converting objects -Operators -Accessing the values of an object: the indexing system -

Accessing the values of an object with names -The data editor -Arithmetic’s and simple

functions.-Matrix computation

UNIT-III

Graphics with R -Managing graphics -Opening several graphical devices -Partitioning a

graphic -Graphical functions -Low-level plotting commands - Graphical parameters -A practical

example . -The grid and lattice packages

UNIT-IV

Statistical analyses with R. A simple example of analysis of variance -Formulae -Generic

functions -Packages.

UNIT-V

Programming with R in practice -Loops and vectorization - Writing a program in R -

Writing your own functions.

SEMESTER V&VI - PRACTICAL II –MODEL PRACTICAL LIST

DATA ANALYSIS USING R

SUBJECT CODE: SB16FMP2


1. Creating vector and matrices using R program.

2. Summary statistics: Mean, standard deviation, frequency test.

3. Perform linear model and plot the graph.

4. Perform One Sample T Test and plot the graph.

5. Perform One Way Anova test and plot bar chart and pie chart.

6. Perform Two Way Anova test and plot bar chart and pie chart.

7. Perform chi-square test and plot histogram.

8. Perform Correlation using R

9. Perform Regression using R

10. Perform mann-whitney/rank test using R

PSGR KRISHNAMMAL COLLEGE FOR WOMEN An Autonomous ... · PSGR KRISHNAMMAL COLLEGE FOR WOMEN An...

Documents

Transcript of PSGR KRISHNAMMAL COLLEGE FOR WOMEN An Autonomous ... · PSGR KRISHNAMMAL COLLEGE FOR WOMEN An...