University of Pune: Revised With Effect From June 2013
University of Pune: Revised With Effect From June 2013
From this point of view University of Pune has introduced Choice Base Credit
System of course structure. This system shall offer a flexible user friendly, opportunity to the
learner, will broader the horizon of Commerce education and will give a fair chance to every
single learner to exhibit his talent, acquired skills and enhance his personality. It will further
enhance his opportunity of global mobility, to acquire different knowledge inputs from different
global institutes.
1. Objectives :
a. To equip and train Post Graduate students to accept the challenges of Business
World by providing opportunities for study and analysis of advanced Commercial
and business methods and processes.
b. To develop independent logical thinking and facilitate personality development.
c. To equip the students for seeking suitable careers in management and
entrepreneurship.
d. To study by students methods of Data collection and their interpretations.
e. To develop among students Communication, Study and Analytical skills.
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2. Duration :
The M.Com. Course will be of Two Years duration consisting of Two part. i.e. Part I and
Part II. Each part is having Two Semesters. Thus the M.Com. Course is of Four
Semesters. For each Semester there will be Four Papers of 100 marks each. The M.Com.
Degree will be of 1600 marks in aggregate.
4. Eligibility :
The student who has passed any Bachelors degree of this University or any other
recognized University shall be held eligible to be admitted to M.Com. Course.
5. Course Structure:
The M.Com. degree course will be of two year duration consisting of four semesters and
of minimum 64 credits as below:
Four credits for project work at 4th Semester (This will include credits for fieldwork, data
presentation and report writing)
In each Semester, there will be four papers of 100 marks each out of which 50 marks will
be for Internal Assessment (attendance, home assignments, class tests, long term papers,
classroom presentation and 50 marks for University Examination. Thus M.Com. degree
examination, four Semesters shall be of 1600 marks and of minimum 64 credits
altogether. The following shall be the course structure.
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6. The Scheme of Papers: The following will be the Scheme of papers:
The List of Courses Semester I
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 101 Management 04 04 03 50 50 100
Compulsory Accounting
102 Strategic 04 04 03 50 50 100
Management
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 103 Advanced 04 04 03 50 50 100
Elective/ Accounting
Optional 104 Income Tax 04 04 03 50 50 100
Subjects/ Group B (Commercial Laws & Practices)
Special 105 Information system 04 04 03 50 50 100
Subjects and E-Commerce
Practices
106 Intellectual Property 04 04 03 50 50 100
Laws
Group C (Advanced Cost Accounting & Cost system)
107 Advanced Cost 04 04 03 50 50 100
Accounting
108 Costing Technique 04 04 03 50 50 100
and Responsibility
Semester
Accounting
I
Group D (Co-operation & Rural Development)
109 Co-operative 04 04 03 50 50 100
Movement in India
110 Organization of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
111 Organized Trades 04 04 03 50 50 100
and Markets
112 Business 04 04 03 50 50 100
Environment and
Policy
Group F (Business Administration)
113 Production and 04 04 03 50 50 100
Operation
Management
114 Financial 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
115 Legal Framework of 04 04 03 50 50 100
Banking
116 Central Banking 04 04 03 50 50 100
Group H (Advanced Marketing)
117 Marketing 04 04 03 50 50 100
Techniques
118 Consumer 04 04 03 50 50 100
Behaviour
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Semester II
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 201 Financial Analysis and 04 04 03 50 50 100
Compulsory Control/ Principals of
Semester Financial Accounting
II 202 Industrial Economics/ 04 04 03 50 50 100
Economic
Environment/Business
Statistics/ Quantitative
application
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 203 Specialized Areas in 04 04 03 50 50 100
Elective/ Accounting
Optional 204 Business Tax Assessment 04 04 03 50 50 100
Subjects/ & Planning
Special Group B (Commercial Laws & Practices)
Subjects 205 E- Security & Cyber 04 04 03 50 50 100
Laws
206 Laws Regulating to 04 04 03 50 50 100
Copyrights & Design
Group C (Advanced Cost Accounting & Cost system)
207 Application Cost 04 04 03 50 50 100
Accounting
208 Cost Control & Cost 04 04 03 50 50 100
System
Group D (Co-operation & Rural Development)
209 International Co- 04 04 03 50 50 100
operative Movement
210 Management of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
211 Modern Business 04 04 03 50 50 100
Practices
212 Business Environment 04 04 03 50 50 100
Analysis
Group F (Business Administration)
213 Business Ethics and 04 04 03 50 50 100
Professional Values
214 Elements of Knowledge 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
215 Banking Law & Practices 04 04 03 50 50 100
216 Monetary Policy 04 04 03 50 50 100
Group H (Advanced Marketing)
217 Customer Relationship 04 04 03 50 50 100
Management & Retailing
218 Services Marketing 04 04 03 50 50 100
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Semester III
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
301 Business Finance 04 04 03 50 50 100
Core 302 Research 04 04 03 50 50 100
Compulsory Methodology for
Business
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
303 Advanced Auditing 04 04 03 50 50 100
304 Specialized Areas in 04 04 03 50 50 100
Auditing
Group B (Commercial Laws & Practices)
305 Laws Relating to 04 04 03 50 50 100
International Business
306 World Trade 04 04 03 50 50 100
Core Organization –
Elective/ Norms & Practices
Optional Group C (Advanced Cost Accounting & Cost system)
Subjects/ 307 Cost Audit 04 04 03 50 50 100
Special 308 Management Audit 04 04 03 50 50 100
Subjects
Semester Group D (Co-operation & Rural Development)
III 309 Co-operative Credit 04 04 03 50 50 100
System
310 Co-operative and 04 04 03 50 50 100
Rural Banking
System
Group E (Business Practices & Environment)
311 Entrepreneurial 04 04 03 50 50 100
Behaviour
312 Entrepreneurship 04 04 03 50 50 100
Development Pattern
Group F (Business Administration)
313 Human Resource 04 04 03 50 50 100
Management
314 Organizational 04 04 03 50 50 100
Behaviour
Group G (Advanced Banking & Finance)
315 Foreign Exchange 04 04 03 50 50 100
316 International Finance 04 04 03 50 50 100
Group H (Advanced Marketing)
317 International 04 04 03 50 50 100
Marketing
318 Marketing Research 04 04 03 50 50 100
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Semester IV
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Type Code Week Hours
401 Capital Market and 04 04 03 50 50 100
Core Financial Services
Compulsory 402 A. Industrial Economic 04 04 03 50 50 100
Environment
Or
B. Operations Research
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
403 Recent Advances in 04 04 03 50 50 100
Accounting, Taxation
and Auditing
404 Project Work/ Case 04 04 03 50 50 100
Semester Studies
IV Group B (Commercial Laws & Practices)
405 Recent Advances in 04 04 03 50 50 100
Core Commercial Laws and
Elective/ Practices
Optional 406 Project Work/Case 04 04 03 50 50 100
Subjects/ Studies
Special Group C (Advanced Cost Accounting & Cost system)
Subjects 407 Recent Advances in 04 04 03 50 50 100
Cost Auditing and Cost
System
408 Project Work/Case 04 04 03 50 50 100
Studies
Group D (Co-operation & Rural Development)
409 Recent Trade in Co- 04 04 03 50 50 100
operative and Rural
Development
410 Project Work / Case 04 04 03 50 50 100
Studies
Group E (Business Practices & Environment)
411 Recent Advances in 04 04 03 50 50 100
Business Practices and
Environment
412 Project Work/Case 04 04 03 50 50 100
Studies
Group F (Business Administration)
413 Recent Advances in 04 04 03 50 50 100
Business
Administration
414 Project Work/Case 04 04 03 50 50 100
Studies
Group G (Advanced Banking & Finance)
415 Recent Advances in 04 04 03 50 50 100
Banking and Finance
416 Project Work/Case 04 04 03 50 50 100
Studies
Group H (Advanced Marketing)
417 Recent Advances in 04 04 03 50 50 100
Marketing
418 Project Work/Case 04 04 03 50 50 100
Studies
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7. Scheme of Examination:
The examination of regular students of M.Com. degree course of the University of Pune
admitted in the academic session 2013-14 and after shall be based on:
For each paper of 100 marks, there will be an Internal Assessment (1A) of 50 marks and
the University Examination (UE) of 50 marks/ 3 hours duration at the end of each
semester. A candidate who will secure at least 40% marks allotted to each paper will be
given 4 credits. A candidate who does not pass the examination is any subject or subjects
in one semester will be permitted to appear in such failed subject or subjects along with
the papers of following semesters.
The Internal Assessment for each paper will be 50 marks which will be carried out by the
department during the term. The Internal Assessment may be in the forms of written test,
seminars, term papers, presentations, assignments, orals or any such others. The
distribution of internal assessment marks shall be as follows:
Midterm Test 20
Presentation/Role Play 10
Case studies/ Group Discussion 10
Quiz / Home Assignment 10
Total 50
There shall be four semester examinations: first semester examination at the middle of
the first academic year and the second semester examination at the end of the first
academic year. Similarly, the third and fourth semester examinations shall be held at the
middle and the end of the second academic year, respectively.
A student cannot register for the third semester, if she/he fails to complete 50% credits of
the total credits expected to be ordinarily completed within two semesters.
There will be a Research Project to be prepared by a student during the fourth semester.
The objective of the project work is to introduce students to research methodology in the
subject and prepare them for pursuing research in theoretical or experimental or
computational areas of the subject. The project work is to be undertaken under guidance
of a teacher allotted to a student by the department.
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Division of marks Marks
A. Synopsis with working bibliography (Internal 40 marks
Assessment) 50 marks
Viva Voce (Internal Assessment) 10 marks
B. A full project Report (Minimum 50-80 pages) 40 marks
(Internal & External Assessment) 50 marks
Viva Voce (Internal & External Assessment) 10 marks
As the Research Project is based on the self study done by the candidate and evaluated
for 100 marks altogether, 04 credits will be awarded to a successful candidate in this
subject. The project may be evaluated by two examiners one internal and one external,
selected from the panel of PG examiners of the University. The Viva voce must be
conducted by the teachers selected out of the panel of PG examiners maintained by the
University.
The candidates have to submit the project 15 days before the commencement of the
fourth semester university examination. The project report shall be type-written and
submitted in duplicate. A candidate who fails to submit the project may resubmit the
same in the subsequent semester examination for evaluation. The project work activities
must be duly supported by documentary evidence to be endorsed by the Head or Guide.
9. Standard of passing:
A candidate shall be declared to have passed in the paper provided he/she has secured
minimum GP of 4.5 in the UNIVERSITY EXAMINATION and GRADE POINT
AVERAGE of 4.0 in aggregate of UNIVERSITY GRADE and INTERNAL
ASSESSMENT taken together.
Candidates who secured not less than 60% of aggregate marks (INTERNAL
ASSESSMENT +UNIVERSITY EXAMINATION ) in the whole examination shall be
declared to have passed the examination in the first class. All other successful candidates
shall be declared to have passed in second class. Candidates who obtain 70% of the
marks in the aggregate (INTERNAL ASSESSMENT +UNIVERSITY EXAMINATION
) shall be deemed to have passed the examination in first class with distinction.
A student who passess in all the courses will be declared to have passed the M.Com.
degree with the following honours.
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11. Scheme of Credits:
Sixty (60) hours of teaching will lead to three credits (which mean four hours per week
teaching in one semester) and long term paper as well as presentation will carry one
credit. Each semester shall have 16 credits.
At the end of each semester, student will be given a transcript showing the performance
and result in each course. The transcript shows, for each course the title of the course,
credit values, grade in UNIVERSITY EXAMINATION , grade in INTERNAL
ASSESSMENT , grade point index, result as pass or fail. Also, the semester grade point
average (SGPA) and cumulative grade point average (CPGA) will be shown. Further the
equivalent percentage of marks corresponding to SGPG or CGPA to equivalent
percentage is given by:
Page 9 of 43
13. Distribution of Periods:
There shall be 60 periods for each subject to cover the entire teaching of 4 credits. This
will be distributed as follows:
Particulars Periods
Teaching session per programme 48
Assignment/ Test 04
Role play/ Group Discussion 04
Case studies and presentation 04
Total 60
17. A student (Regular / External) will be admitted to Revised M. Com. Course with effect
from June 2013. For the students who have completed the terms for the First Year as per
Old Course will be admitted to the Second Year as per Old Course M. Com. The
examination as per Old Course will be held simultaneously for three years from April /
May 2014.
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18. Qualification of the Teachers :
The Teachers recognized to teach the subjects as per Old Course shall be deemed to be
recognized in the corresponding equivalent subjects under Revised Course.
In case of: A) Business Statistics, B) Industrial Economics, C) Co-operation and Rural
Development, D) Advanced Banking and Finance and E) Research Methodology and
Project Work- Paper-IV of each Special Subject, the following qualifications be made
applicable.
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M.Com. Part II Semester III
Compulsory Paper
Subject Name -: Business Finance.
Course Code -: 301.
(w.e.f. Academic Year: 2014-15)
Objective: To enable students to acquire sound knowledge of concepts, nature and structure of business
finance.
Recommended Books
1. P.V.Kulkarni: Business finance, Himalaya Publishing House
2. S.C.Kuchal: Corporate Finance, Chaitanya Publishing House, Allahabad
3. Prasana Chandra: Financial Management: Theory and Practice
4. William L. Maggiuson, Scott B. Smart, Lawrence J. Gitman : Principles of corporate
finance, Cengage Learning Private Limited, Dehli
5. Aswath Damodaram: Corporate Finance: Theory and Practice, Wiley International
Page 12 of 43
M.Com. Part II Semester III
Compulsory Paper
Subject Name -: Research Methodology for Business.
Course Code -: 302.
(w.e.f. Academic Year: 2014-15)
(Board of Studies in Business Practice)
Objectives:
1. To acquaint the students with the areas of Business Research Activities.
2. To enhance capabilities of students to conduct the research in the field of business and social
sciences.
3. To enable students, in developing the most appropriate methodology for their research studies.
4. To make them familiar with the art of using different research methods and techniques.
Unit Topics Periods
No.
Page 13 of 43
Books Recommended:
1. Alan Bryman & Emma Bell (2008), Business Research Methods, Oxford University Press, New
York.
2. Anil Kumar Gupta (2011), Research Methodology-Methods & Techniques, Vayu Education of
India, New Delhi.
3. Anwarul Yaqin (2011), Legal Research and Writing Methods, LexisNexis Butterworths
Wadhwa, Nagpur.
4. C. R. Kothari (2008), Research Methodology-Methods & Techniques, New Age International
Publishers, New Delhi.
5. Deepak Chawla & Neena Sondhi (2011), Research Methodology-Concepts and Cases, Vikas
Publishing House Pvt. Ltd., New Delhi.
6. Dipak Kumar Bhattacharyya (2013), Research Methodology, Excel Books, New Delhi.
7. Donald R. Cooper & Pamela S. Schindler (1999), Business Research Methods, Tata McGraw-
Hill Edition, New Delhi.
8. P. L. Bhandarkar, T. S. Wilkison & D. K. Laldas (1993), Methodology & Techniques of Social
Research, Himalaya Publishing House, Mumbai.
9. Pradeep Aaglave (2000). Sanshodhan Padhatishastra Va Tantre, Vidhya Prakashan, Nagpur.
10. Ram Ahuja (2003), Research Methods, Rawat Publications, Jaipur.
11. Russell K.. Schutt (2006), Investigating the Social World-The Process and Practice of Research,
Sage Publication, New Delhi.
Page 14 of 43
M.Com. Part II Semester III
Advanced Accounting and Taxation Special Paper V.
Subject Title -: Advanced Auditing.
Course Code -: 303
(w.e.f. Academic Year: 2014-15)
No. of Lectures
UNIT TOPIC in hours
I Introduction: 08
Auditing concepts. Basic principles governing an audit - Relationship of
auditing with other disciplines - Audit Programme - Vouching - Verification
and Valuation.
II Standards on Auditing: 08
Overview of Standard setting process - Role of Auditing and Assurance
Standard and Auditing and Assurance Standard Board in India. Brief study of
Standards on Auditing issued by the ICAI.
TOTAL - 48
Page 15 of 43
List of Books Recommended for Study:-
1 Quizzes/ Seminars/Presentations 04
2 Assignments/ Tutorials 04
3 Class Room Tests 04
Total 12
================================================================
Page 16 of 43
M.Com. Part II Semester III
Advanced Accounting and Taxation Special Paper VI.
Subject Title -: Specialized Areas in Auditing.
Course Code -: 304
(w.e.f. Academic Year: 2014-15)
Level of Knowledge - Expert Knowledge
Objective: To impart knowledge and develop understanding of methods of audit in Specialized areas.
No. of Lectures
UNIT TOPIC in hours
I Audit Under Tax Laws: 04
Tax Audit U/s 44 AB of Income Tax Act, 1961-Form 3 CA, 3 CB and 3 CD -
Audit under VAT Law - Steps to be taken by Auditor - Audit under Excise
Law - Excise Audit 2000 - Audit Procedure.
II Internal Audit: 06
Nature, Scope and Purpose of Internal Audit - Review of Internal Control -
Areas of Internal Audit - Purchase, sale, cash, bank transactions - Internal
Audit Report.
TOTAL - 48
Page 17 of 43
List of Books Recommended for Study:-
1 Quizzes/ Seminars/Presentations 04
2 Assignments/ Tutorials 04
3 Class Room Tests 04
Total 12
==================================================================
Page 18 of 43
M.Com. Part II Semester III
Commercial Laws and Practices Special Paper V.
Subject Title -: Laws Relating to International Business
Course Code -: 305
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To acquaint the students with basic principles of International Trade, Theories of International Trade
and Dispute resolution mechanism.
2. To study the impact of international business environment on foreign market operations and India’s
response to these developments.
Page 19 of 43
Dimensions, Provisions regarding Imports-Exports
Recommended Books:
1) Arunkumar Jain, “International Business - Competing in the Global Market”, Place-Charles Hill,
Tata McGraw Hill, New Delhi.
2) M.L.Jhingan, “International Economics”, Vrinda Publications, Delhi.
3) Malcolm N. Shaw, “International Law”, Cambridge University Press, New Delhi, (2007).
4) V. K. Bhalla, S. Shiva Ramu, “International Business, Environment and Management”,Anmol
Publication Pvt. Ltd., New Delhi. (2010).
5) Dr. Ram Singh, “International trade operations”, Excel Books, New Delhi, (2009).
6) Francis Cherunilam, “International Trade and Export Management”, Himalaya Publishing
House, Mumbai, (2000).
7) Dr. S. P. Gupta, “International Law and Human Rights”, Allahabad Law Agency, Haryana,
(2009).
8) Dr. S. R. Myneni, “International Trade Law”, Allahabad Law Agency, Haryana (2008).
9) Indira Carr, “International Trade Law”, Routledge, Abingdon, Oxon, (2014).
10) Macmillan, “International Banking Legal & Regulatory Aspects”, Macmillan India Ltd.,
Daryaganj, New Delhi, (2007).
11) Judith Evans, “Law of International Trade”, Old Baile Press, London, (2001).
12) Rajendra P. Maheshwari, “International Business”, International Book House Pvt. Ltd., New
Delhi, (2011).
13) Dr. S. K. Kapoor, “International Law and Human Rights”, Central Law Agency, Allhabad,
(2004).
14) K. C. Johsi, “International Law & Human Rights”, Eastern Book Company, Lucknow, (2006).
Page 20 of 43
M.Com. Part II Semester III
Commercial Laws and Practices Special Paper VI.
Subject Title -: World Trade Organisation Norms and Practices
Course Code -: 306
(w.e.f. Academic Year: 2014-15)
Objective:
To understand purpose and scope of GATT &WTO and to study their legal framework and disputes
settlement mechanism.
Page 21 of 43
Recommended Books:
Page 22 of 43
M.Com. Part II Semester III
Advanced Cost Accounting and Cost System Special Paper V.
Subject Title -: Cost Audit
Course Code -: 307
(w.e.f. Academic Year: 2014-15)
Objective -: To provide adequate knowledge on Cost Audit Practices.
Level of Knowledge – Advanced.
2014-15
Unit No. TOPIC Periods
Topic Introduction 08
I Meaning, Definitions, Objectives & Scope of Cost Audit, Advantages of Cost
Audit the concepts of Efficiency Audit, Proprietary Audit, Social Audit, System
Audit.
2. Cost Auditor 08
Qualifications, Disqualifications, Appointment, Remuneration & Removal of Cost
Auditor, Status, Relationship with financial Auditor – Rights, Duties,
Responsibilities & Liabilities of Cost Auditor under Company Act 2013.Cost &
Works Accountants Act. 1959, & other Statues as amended from time to time.
Note – 1. All the amendments made to the respective Laws before one year Of the examination should
be considered.
2. 80% marks for Theory and 20% marks f or Practical Problems.
Page 23 of 43
References
1. Cost Audit and Management Audit-By D.Datta Chowdhary publication central Publication
Kolkatta.
2. 2. I.C.W.A. of India’s publications
(A) Industry wise Cost Accounting Record Rules and Cost Audit Report Rules.
(B) Guidelines on Cost Audit.
(C) Cost Audit Reports Rules.
(D) Cost Audit Social Objectives.
3. Cost Audit and Management Audit – By V.K. Saxena and C.D. Vashist, Sultan Chand and Sons
Delhi.
4. Cost Audit & Management Audit – By N.P. Agarwal.
5. The Management Audit- By P. William, Leonar.
6. Efficiency Audit- Mohanlal Jain, Printwel Jaipur.
7. Efficiency Audit- By Laxmi Narayan – Lon gman.
8. Institute of Cost and Works Accountants of India- Cost Audit Social Objectives.
9. Laws on Cost Audit- By N. Banerjee, International Law Book Centre, Kolkatta .
10. Cost and Management Audit-By Rajnath, published by Tata MC Graw Hill.
Page 24 of 43
M.Com. Part II Semester III
Advanced Cost Accounting and Cost System Special Paper VI.
Subject Title -: Management Audit.
Course Code -: 308
(w.e.f. Academic Year: 2014-15)
Objective -: To equip the students with the knowledge of the techniques and methods of
planning and executing the Management Audit. Level of Knowledge: Advanced
2014-15
Note :-
1. All the amendments made of the respective Laws before one year of the examination should be
considered.
Page 25 of 43
List of books/material recommended for study:
Website -
www.myicwai.org , www.aicmas.com
Page 26 of 43
M.Com. Part II Semester III
Co-operation and Rural Development Special Paper V.
Subject Title -: Co-operative Credit System
Course Code -: 309
(w.e.f. Academic Year: 2014-15)
Objective :-
1. To acquaint students with the concept of Co-operative credit system
2. To study the organizational set-up of co-operatives system
3. Creating awareness about the problems of rural credit
Course Content :
Unit No. Topics Periods
1 Introduction 10
1.1 Definition of Credit
1.2 Importance of Agricultural Credit
1.3 Features of Credit
1.4 Types of Credit
1.4.1 Short Term Credit
1.4.2 Medium Term Credit
1.4.3 Long Term Credit
1.5 Need of Institutional Credit for Agricultural Limitations of
Credit System
Total Periods 48
Page 27 of 43
Recommended Books
Books :
1. G.S. Kamat. - New Dimensions of Co-operative Management
2. K.K. Taimani. - Co-operative Organization and Management.
3. G.S. Kamat. - Cases in Co-operative management.
4. S.L.Goyal Principle, Problems and Prospects of co-operative administration, Strerling
publishing pvt. Ltd, Jalandhar.
5. Samiuddin & Rahman – Co-operative sector in India, S.Chand & Co.
6. Kamat G.S. – New Dimension of Co-operative management, Himalaya Publishing.
7. Krihanaswami O.R. – Co-operative Audit, National council for Co-operative training, New
Delhi.
8. Khandelwal M.C. - Co-operative Audit, Patiyala Pustak Bhandar, Jaipur.
9. Samiuddin – Scope & Problems of Co-operative in India, Aligarh.
10. Samiuddin – C o-operative farming & its impact on Rural Industrialization, Aligarh
11. Dutt and Somsundaram- Indian Economy
Journals :
1. Journal of Rural Development, Hyderabad (Rajendranagar)
2. Journal of co-operative perspective, Pune
3. The Indian Journal of commerce, New Delhi
4. Journal of Sahakari Maharashtra, Pune
5. Journal of Southern Economics
Page 28 of 43
M.Com. Part II Semester III
Co-operation and Rural Development Special Paper VI.
Subject Title -: Co-operative and Rural Banking System
Course Code -: 310
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To understand the operational process of disbursement of loans and advances.
2. To understand the supervisory role of Maharashtra State Co-operative Bank.
3. To make students familiar with the role of NABARD and RBI.
4. To make them aware of the cooperative movement and inculcate co-operational attitude among
them.
TOTAL 48
Page 29 of 43
List of Books Recommended for Study
1. G.S. Kamat: New Dimensions of Co-operative Management
2. K.K.Taimani: Co-operative Organisation and Management
3. G.S. Kamat: Cases in Co-operative Management
4. Dr.G.H.Barhate, L.P.Wakale and B.G.Sahane , Sahakar Vikas, Seth Publication, Mumbai.
5. S.L.Goyal Principle, Problems and Prospects of Co-operative administration, strerling
publishing pvt. Ltd. Jalandhar.
6. Samiuddin & Rahman- Co-operative sector in India , S.Chand & co.
7. Kamat G.S. –New Dimension of Co-operative management, Himalaya Publishing
8. Krishanaswami O.R.-Co-operative Audit, National council for Co-operative training , New
Delhi.
9. Khandelwal M.C. - Co-operative Audit, Patiyala Pustak Bhandar, Jaipur.
10. Samiuddin-Scope & Problems of Co-operative sector in India , Aligarh.
11. Samiuddin- Co-operative farming & its impact of Rural Industrialization, Aligarh.
Journals:
1. Journal of Rural Development, Hyderabad (Rajendranagar).
2. Journal of Co-operative perspective, Pune.
3. The Indian Journal of Commerce, New Delhi.
4. Journal of Sahakari Maharashtra, Pune.
Page 30 of 43
M.Com. Part II Semester III
Business Practices and Environment Special Paper V.
Subject Title -: Entrepreneurial Behavior
Course Code -: 311
(w.e.f. Academic Year: 2014-15)
Objective :-
1. To develop understanding of entrepreneurial environment amongst the students.
2. To motivate students to inculcate in the modern values of entrepreneurship.
Recommended Books :
Page 31 of 43
M.Com. Part II Semester III
Business Practices and Environment Special Paper VI.
Subject Title -: Entrepreneurship Development Pattern.
Course Code -: 312
(w.e.f. Academic Year: 2014-15)
Objective :-
1. To expose the students to the various aspects of entrepreneurship.
2. To enable the students to do SWOT analysis of entrepreneurship as career options.
Recommended Books
Page 32 of 43
M.Com. Part II Semester III
Business Administration Special Paper V.
Subject Title -: Human Resource Management
Course Code -: 313
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To acquaint the students with in-depth knowledge of HRM.
2. To inculcate among students various practices followed by HR managers.
3. To create understanding about recent trends in HRM
TOTAL 48
Page 33 of 43
Recommended Books :
Page 34 of 43
M.Com. Part II Semester III
Business Administration Special Paper VI.
Subject Title -: Organizational Behaviour
Course Code -: 314
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To make the students understand various concepts of organisation behaviour
2. To provide in depth knowledge about process of formation of group behaviour in an organization
set up
TOTAL 48
RECOMMENDED BOOKS :
Page 35 of 43
M.Com. Part II Semester III
Advanced Banking & Finance Special Paper V.
Subject Title -: Foreign Exchange.
Course Code -: 315
(w.e.f. Academic Year: 2014-15)
Objective -:
1. To provide an understanding of various aspects of foreign exchange market.
2. To acquaint the students with financing of foreign trade.
3. To provide an understanding of exchange rate mechanism and factors affecting exchange rates.
4. To make students aware of development in foreign exchange market.
Page 36 of 43
• Revolving L/C
• Anticipatory L/C
• Draft, Types of draft.
• Mate’s Receipt. Bill of lading, Invoice. Insurance policy,
• Certificate of origin, consular’s invoice, bill of exchange
4 Methods of Financing Foreign Trade: 10
Bank Credit –
• Pre-shipment credit
• Post-shipment credit
• Medium-term credit
• Credit under duty draw back scheme
Export-Import Bank of India (EXIM Bank): Objectives, Functions,
Performance and Role, Export Credit Guarantee Corporation (ECGC)
Total 48
Recommended Books:
Page 37 of 43
M.Com. Part II Semester III
Advanced Banking & Finance Special Paper VI.
Subject Title -: International Finance.
Course Code -: 316
(w.e.f. Academic Year: 2014-15)
Objective -:
1. To Provide understanding of International Financial market.
2. To acquaint the students with International monetary system
3. To Provide understanding of operations of international Financial Institutions
Page 38 of 43
Recommended Books:
Page 39 of 43
M.Com. Part II Semester III
Advanced Marketing Special Paper V.
Subject Title -: International Marketing.
Course Code -: 317
(w.e.f. Academic Year: 2014-15)
Objectives
• The Course participants will become more familiar with the nature and practices of international
marketing. They should feel equally confident to be able to distinguish international marketing
mechanics from the domestic marketing models and approaches.
• They would be far more equipped to design and participate in designing an international
marketing strategy.
• The spin-off benefits to the participants should be to develop in them a right attitude, inject
enthusiasm and hone their interactive ability as they address the issues and challenges of
operating in the international markets.
Page 40 of 43
Recommended Books:
2. International Trade and Export Management – B.M. Wahi and A.B. Kalkundribar.
Page 41 of 43
M.Com. Part II Semester III
Advanced Marketing Special Paper VI.
Subject Title -:‘Marketing Research’.
Course Code -: 318
3 MARKET INFORMTION:
Meaning and Importance, Sources of Collecting Marketing
Information, Using Secondary Data Sources, Standardized
08
Sources of Collecting Data- Home Audit, Mail Diary, Shop
and retail audits, Readership surveys and viewer ship surveys.
Page 42 of 43
4 THE INTERNET AND MARKETING RESEARCH
TODAY:
Meaning, Importance, Advantages & Disadvantages of Web
Based Marketing Research, Primary & Secondary Data
08
Collection through Internet, Reach analysis, Marketing
Research in Social Media, Online Brand Perception Research,
Online Targeted Advertising.
Total 48
References:
1. Research for Marketing Decisions – Paul Green, Donald Tull, Gerald Albaurn
2. Marketing Research –Aakar, Kumar, Day
3. Marketing Research – Thomas C. Kinnear
4. Marketing Research – Nargundkar
5. Marketing Research – Measurement & Methods – Donald S. Tull, Del I. Hawkins
6. Marketing Research – Beri
7. Business Research Methods – Cooper.
8. Basic Marketing Research: Volume 1-Scott M. Smith Gerald S. Albaum.
9. Essentials of Marketing Research: Paurav Shukla.
Page 43 of 43
UNIVERSITY OF PUNE
Master of Commerce (M.Com.) Semester Pattern with Credit System
Revised with effect from June 2013
From this point of view University of Pune has introduced Choice Base Credit
System of course structure. This system shall offer a flexible user friendly, opportunity to the
learner, will broader the horizon of Commerce education and will give a fair chance to every
single learner to exhibit his talent, acquired skills and enhance his personality. It will further
enhance his opportunity of global mobility, to acquire different knowledge inputs from different
global institutes.
1. Objectives :
a. To equip and train Post Graduate students to accept the challenges of Business
World by providing opportunities for study and analysis of advanced Commercial
and business methods and processes.
b. To develop independent logical thinking and facilitate personality development.
c. To equip the students for seeking suitable careers in management and
entrepreneurship.
d. To study by students methods of Data collection and their interpretations.
e. To develop among students Communication, Study and Analytical skills.
Page 1 of 43
2. Duration :
The M.Com. Course will be of Two Years duration consisting of Two part. i.e. Part I and
Part II. Each part is having Two Semesters. Thus the M.Com. Course is of Four
Semesters. For each Semester there will be Four Papers of 100 marks each. The M.Com.
Degree will be of 1600 marks in aggregate.
4. Eligibility :
The student who has passed any Bachelors degree of this University or any other
recognized University shall be held eligible to be admitted to M.Com. Course.
5. Course Structure:
The M.Com. degree course will be of two year duration consisting of four semesters and
of minimum 64 credits as below:
Four credits for project work at 4th Semester (This will include credits for fieldwork, data
presentation and report writing)
In each Semester, there will be four papers of 100 marks each out of which 50 marks will
be for Internal Assessment (attendance, home assignments, class tests, long term papers,
classroom presentation and 50 marks for University Examination. Thus M.Com. degree
examination, four Semesters shall be of 1600 marks and of minimum 64 credits
altogether. The following shall be the course structure.
Page 2 of 43
6. The Scheme of Papers: The following will be the Scheme of papers:
The List of Courses Semester I
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 101 Management 04 04 03 50 50 100
Compulsory Accounting
102 Strategic 04 04 03 50 50 100
Management
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 103 Advanced 04 04 03 50 50 100
Elective/ Accounting
Optional 104 Income Tax 04 04 03 50 50 100
Subjects/ Group B (Commercial Laws & Practices)
Special 105 Information system 04 04 03 50 50 100
Subjects and E-Commerce
Practices
106 Intellectual Property 04 04 03 50 50 100
Laws
Group C (Advanced Cost Accounting & Cost system)
107 Advanced Cost 04 04 03 50 50 100
Accounting
108 Costing Technique 04 04 03 50 50 100
and Responsibility
Semester
Accounting
I
Group D (Co-operation & Rural Development)
109 Co-operative 04 04 03 50 50 100
Movement in India
110 Organization of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
111 Organized Trades 04 04 03 50 50 100
and Markets
112 Business 04 04 03 50 50 100
Environment and
Policy
Group F (Business Administration)
113 Production and 04 04 03 50 50 100
Operation
Management
114 Financial 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
115 Legal Framework of 04 04 03 50 50 100
Banking
116 Central Banking 04 04 03 50 50 100
Group H (Advanced Marketing)
117 Marketing 04 04 03 50 50 100
Techniques
118 Consumer 04 04 03 50 50 100
Behaviour
Page 3 of 43
Semester II
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 201 Financial Analysis and 04 04 03 50 50 100
Compulsory Control/ Principals of
Semester Financial Accounting
II 202 Industrial Economics/ 04 04 03 50 50 100
Economic
Environment/Business
Statistics/ Quantitative
application
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 203 Specialized Areas in 04 04 03 50 50 100
Elective/ Accounting
Optional 204 Business Tax Assessment 04 04 03 50 50 100
Subjects/ & Planning
Special Group B (Commercial Laws & Practices)
Subjects 205 E- Security & Cyber 04 04 03 50 50 100
Laws
206 Laws Regulating to 04 04 03 50 50 100
Copyrights & Design
Group C (Advanced Cost Accounting & Cost system)
207 Application Cost 04 04 03 50 50 100
Accounting
208 Cost Control & Cost 04 04 03 50 50 100
System
Group D (Co-operation & Rural Development)
209 International Co- 04 04 03 50 50 100
operative Movement
210 Management of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
211 Modern Business 04 04 03 50 50 100
Practices
212 Business Environment 04 04 03 50 50 100
Analysis
Group F (Business Administration)
213 Business Ethics and 04 04 03 50 50 100
Professional Values
214 Elements of Knowledge 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
215 Banking Law & Practices 04 04 03 50 50 100
216 Monetary Policy 04 04 03 50 50 100
Group H (Advanced Marketing)
217 Customer Relationship 04 04 03 50 50 100
Management & Retailing
218 Services Marketing 04 04 03 50 50 100
Page 4 of 43
Semester III
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
301 Business Finance 04 04 03 50 50 100
Core 302 Research 04 04 03 50 50 100
Compulsory Methodology for
Business
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
303 Advanced Auditing 04 04 03 50 50 100
304 Specialized Areas in 04 04 03 50 50 100
Auditing
Group B (Commercial Laws & Practices)
305 Laws Relating to 04 04 03 50 50 100
International Business
306 World Trade 04 04 03 50 50 100
Core Organization –
Elective/ Norms & Practices
Optional Group C (Advanced Cost Accounting & Cost system)
Subjects/ 307 Cost Audit 04 04 03 50 50 100
Special 308 Management Audit 04 04 03 50 50 100
Subjects
Semester Group D (Co-operation & Rural Development)
III 309 Co-operative Credit 04 04 03 50 50 100
System
310 Co-operative and 04 04 03 50 50 100
Rural Banking
System
Group E (Business Practices & Environment)
311 Entrepreneurial 04 04 03 50 50 100
Behaviour
312 Entrepreneurship 04 04 03 50 50 100
Development Pattern
Group F (Business Administration)
313 Human Resource 04 04 03 50 50 100
Management
314 Organizational 04 04 03 50 50 100
Behaviour
Group G (Advanced Banking & Finance)
315 Foreign Exchange 04 04 03 50 50 100
316 International Finance 04 04 03 50 50 100
Group H (Advanced Marketing)
317 International 04 04 03 50 50 100
Marketing
318 Marketing Research 04 04 03 50 50 100
Page 5 of 43
Semester IV
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Type Code Week Hours
401 Capital Market and 04 04 03 50 50 100
Core Financial Services
Compulsory 402 A. Industrial Economic 04 04 03 50 50 100
Environment
Or
B. Operations Research
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
403 Recent Advances in 04 04 03 50 50 100
Accounting, Taxation
and Auditing
404 Project Work/ Case 04 04 03 50 50 100
Semester Studies
IV Group B (Commercial Laws & Practices)
405 Recent Advances in 04 04 03 50 50 100
Core Commercial Laws and
Elective/ Practices
Optional 406 Project Work/Case 04 04 03 50 50 100
Subjects/ Studies
Special Group C (Advanced Cost Accounting & Cost system)
Subjects 407 Recent Advances in 04 04 03 50 50 100
Cost Auditing and Cost
System
408 Project Work/Case 04 04 03 50 50 100
Studies
Group D (Co-operation & Rural Development)
409 Recent Trade in Co- 04 04 03 50 50 100
operative and Rural
Development
410 Project Work / Case 04 04 03 50 50 100
Studies
Group E (Business Practices & Environment)
411 Recent Advances in 04 04 03 50 50 100
Business Practices and
Environment
412 Project Work/Case 04 04 03 50 50 100
Studies
Group F (Business Administration)
413 Recent Advances in 04 04 03 50 50 100
Business
Administration
414 Project Work/Case 04 04 03 50 50 100
Studies
Group G (Advanced Banking & Finance)
415 Recent Advances in 04 04 03 50 50 100
Banking and Finance
416 Project Work/Case 04 04 03 50 50 100
Studies
Group H (Advanced Marketing)
417 Recent Advances in 04 04 03 50 50 100
Marketing
418 Project Work/Case 04 04 03 50 50 100
Studies
Page 6 of 43
7. Scheme of Examination:
The examination of regular students of M.Com. degree course of the University of Pune
admitted in the academic session 2013-14 and after shall be based on:
For each paper of 100 marks, there will be an Internal Assessment (1A) of 50 marks and
the University Examination (UE) of 50 marks/ 3 hours duration at the end of each
semester. A candidate who will secure at least 40% marks allotted to each paper will be
given 4 credits. A candidate who does not pass the examination is any subject or subjects
in one semester will be permitted to appear in such failed subject or subjects along with
the papers of following semesters.
The Internal Assessment for each paper will be 50 marks which will be carried out by the
department during the term. The Internal Assessment may be in the forms of written test,
seminars, term papers, presentations, assignments, orals or any such others. The
distribution of internal assessment marks shall be as follows:
Midterm Test 20
Presentation/Role Play 10
Case studies/ Group Discussion 10
Quiz / Home Assignment 10
Total 50
There shall be four semester examinations: first semester examination at the middle of
the first academic year and the second semester examination at the end of the first
academic year. Similarly, the third and fourth semester examinations shall be held at the
middle and the end of the second academic year, respectively.
A student cannot register for the third semester, if she/he fails to complete 50% credits of
the total credits expected to be ordinarily completed within two semesters.
There will be a Research Project to be prepared by a student during the fourth semester.
The objective of the project work is to introduce students to research methodology in the
subject and prepare them for pursuing research in theoretical or experimental or
computational areas of the subject. The project work is to be undertaken under guidance
of a teacher allotted to a student by the department.
Page 7 of 43
Division of marks Marks
A. Synopsis with working bibliography (Internal 40 marks
Assessment) 50 marks
Viva Voce (Internal Assessment) 10 marks
B. A full project Report (Minimum 50-80 pages) 40 marks
(Internal & External Assessment) 50 marks
Viva Voce (Internal & External Assessment) 10 marks
As the Research Project is based on the self study done by the candidate and evaluated
for 100 marks altogether, 04 credits will be awarded to a successful candidate in this
subject. The project may be evaluated by two examiners one internal and one external,
selected from the panel of PG examiners of the University. The Viva voce must be
conducted by the teachers selected out of the panel of PG examiners maintained by the
University.
The candidates have to submit the project 15 days before the commencement of the
fourth semester university examination. The project report shall be type-written and
submitted in duplicate. A candidate who fails to submit the project may resubmit the
same in the subsequent semester examination for evaluation. The project work activities
must be duly supported by documentary evidence to be endorsed by the Head or Guide.
9. Standard of passing:
A candidate shall be declared to have passed in the paper provided he/she has secured
minimum GP of 4.5 in the UNIVERSITY EXAMINATION and GRADE POINT
AVERAGE of 4.0 in aggregate of UNIVERSITY GRADE and INTERNAL
ASSESSMENT taken together.
Candidates who secured not less than 60% of aggregate marks (INTERNAL
ASSESSMENT +UNIVERSITY EXAMINATION ) in the whole examination shall be
declared to have passed the examination in the first class. All other successful candidates
shall be declared to have passed in second class. Candidates who obtain 70% of the
marks in the aggregate (INTERNAL ASSESSMENT +UNIVERSITY EXAMINATION
) shall be deemed to have passed the examination in first class with distinction.
A student who passess in all the courses will be declared to have passed the M.Com.
degree with the following honours.
Page 8 of 43
11. Scheme of Credits:
Sixty (60) hours of teaching will lead to three credits (which mean four hours per week
teaching in one semester) and long term paper as well as presentation will carry one
credit. Each semester shall have 16 credits.
At the end of each semester, student will be given a transcript showing the performance
and result in each course. The transcript shows, for each course the title of the course,
credit values, grade in UNIVERSITY EXAMINATION , grade in INTERNAL
ASSESSMENT , grade point index, result as pass or fail. Also, the semester grade point
average (SGPA) and cumulative grade point average (CPGA) will be shown. Further the
equivalent percentage of marks corresponding to SGPG or CGPA to equivalent
percentage is given by:
Page 9 of 43
13. Distribution of Periods:
There shall be 60 periods for each subject to cover the entire teaching of 4 credits. This
will be distributed as follows:
Particulars Periods
Teaching session per programme 48
Assignment/ Test 04
Role play/ Group Discussion 04
Case studies and presentation 04
Total 60
17. A student (Regular / External) will be admitted to Revised M. Com. Course with effect
from June 2013. For the students who have completed the terms for the First Year as per
Old Course will be admitted to the Second Year as per Old Course M. Com. The
examination as per Old Course will be held simultaneously for three years from April /
May 2014.
Page 10 of 43
18. Qualification of the Teachers :
The Teachers recognized to teach the subjects as per Old Course shall be deemed to be
recognized in the corresponding equivalent subjects under Revised Course.
In case of: A) Business Statistics, B) Industrial Economics, C) Co-operation and Rural
Development, D) Advanced Banking and Finance and E) Research Methodology and
Project Work- Paper-IV of each Special Subject, the following qualifications be made
applicable.
------------o-----------
Page 11 of 43
M.Com. Part II Semester IV
Compulsory Paper
Subject Name -: Capital Market and Financial Services.
Course Code -: 401.
(w.e.f. Academic Year: 2014-15)
Objective:
To enable students to acquire sound knowledge, concept and structure of capital market
and financial services.
Unit No. Topic Periods
1 Capital market: 10
Meaning, Functions, Structure, Characteristics, Participants of capital market -
Capital market instruments, Equity share, Preferences shares, Debenture, Bonds
- Innovative debt instruments - Forward contracts, Futures contract - Options
contract, trends in capital market.
2 Stock Market 10
Stock exchange: organization-membership-governing body - Bombay stock
exchange, National Stock Exchange and Over the Counter Exchange of India
(OTECEI)
1. Primary market - Functions of primary market - issue mechanism,
participants
2. Secondary market : Objectives, functions of secondary markets, stock
broking, e-broking, depository system-functions and benefits stock market
trading-derivatives trading
3 Financial Services 16
Merchant banking-meaning-functions and services rendered Mutual funds:
Meaning, functions-Types-Open and closed ended funds-income funds balanced
fund, growth fund-index fund Portfolio management-meaning and services
Credit rating-meaning and need, various credit rating agencies. Foreign Direct
Investment
4 Securities and Exchange Board of India (SEBI) 12
Background, Establishment, functions, powers, achievements and Regulatory
aspects, recent changes & emerging trends.
Total 48
Recommended Books :
1. M.Y. Khan: Indian financial system-Tata Macgraw Hill Publishing Co. Ltd.
2. Frank J.Fabozzi & Franco Modigliani : Capital markets institutions and instruments - Prentice
Hall of India, New Delhi
3. Fredric Mishkin and Stanley Eakins, Financial Markets and Institutions, Pearson Prentice Hall,
Boston san Francisco, New York.
Page 12 of 43
M.Com. Part II Semester IV
Compulsory Paper
Subject Name -: Industrial Economic Environment.
Course Code -: 402-A
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To study the basic concepts of Industrial Finance.
2. To study the effects of New Economic Policy.
3. To study the impact of Labor reforms on Industries.
Page 13 of 43
6. Industrial Relations and Labour Reforms.
6.1 Meaning and Causes of industrial Disputes.
6.2 Machinery for Settlement of Industrial Disputes. 8
6.3 Labour Policy Reforms and Its Impact on Industries.
Recommended Books
Page 14 of 43
M.Com. Part II Semester IV
Compulsory Paper
Subject Name -: Operation Research.
Course Code -: 402-B
(w.e.f. Academic Year: 2014-15)
Objectives :
1) To understand and master the concepts of Operations Research.
2) To inculcate an attitude of enquiry , logical thinking about Quantitative techniques.
3) To develop skills of facing real life problems using operational research techniques .
4) To prepare students to understand the art of applying Operational research techniques.
5) To gain knowledge of Operations research.
Page 15 of 43
c. Vogel’s approximation method
3.3 Optimal solution by U-V method
3.4 Maximization and degeneracy in T. P.
3.5 Definition, balanced and unbalanced A.P.
3.6 Hungarian method
3.7 Variations of A.P (maximization and restrictions)
3.5 Numerical Problems
4. Project Management and Sequencing 12
4.1 Activity, Event, Loop, Network (definition and drawing)
4.2Critical Path Method(CPM): critical activity, critical path, float
(free, independent, total) , forward pass and backward pass
calculations
4.3 Programme Evolution and Review Technique PERT) : optimistic,
pessimistic, most likely time estimates, expected time estimate
and its variance
4.4 Numerical Problems
4.5 Assumptions in sequencing model, Basic terminology, n-jobs
through two machine problems.
Recommended Books:
Page 16 of 43
M.Com. Part II Semester IV
Advanced Accounting and Taxation Special Paper VII.
Subject Title -: Recent Advances in Accounting, Taxation & Auditing.
Course Code -: 403
(w.e.f. Academic Year: 2014-15)
No. of Lectures
UNIT TOPIC in hours
1 IFRS (International Financial Reporting Standards). 04
2 A Study of Managerial Discussion And Analysis as per Section 49 of 02
Listing agreement.
3 Corporate Governance Compliance by Companies. 02
4 Accounting and Taxation aspects of Carbon Credit Trading. 02
5 Environmental Accounting. 02
6 Forensic Accounting. 02
7 Lean Accounting. 02
8 Responsibility Accounting. 02
9 ESO (Employee Stock Options ) Accounting. 02
10 XBRL (Extensible Business Reporting Language). 02
11 Transfer Pricing. 02
12 Accounting for KPO (Knowledge Process Outsourcing) and BPO 02
(Business Process Outsourcing).
13 Accounting for NGO Grants. 02
14 Accounting for Local Self Governments. 02
15 Introduction of accrual method for Government Accounting. 02
16 Disclosures in Financial Statements- Recent Trends. 02
17 Accounting for Human resources. 02
18 Accounting for Intellectual Property Rights. 02
19 Inflation Accounting. 02
20 A Brief Study of 02
a) Accounting for Derivatives
Page 17 of 43
b) Accounting for Retirement Benefits as per AS-15.
21 Creative Accounting. 02
22 A brief study of provisions of proposed- 02
i) Direct Taxes Code,
ii) Goods and Services Tax,
iii) Companies Act, 2013 relating to Account and Audit.
23 Non- Financial Reporting Requirements– 02
i) Business Responsibility Reporting,
ii) Sustainability Reporting,
iii) A brief Study of National Voluntary Guidelines (NVG),
iv) Report on Corporate Governance.
TOTAL - 48
Journals suggested:-
A) The Accounting World :- The ICFAI University Press
B) The Chartered Accountant :- The ICAI New Delhi
C) Management Accountant :- ICWA Kolkatta
D) Journal of Accounting & Finance :- Accounting Research Foundation Jaipur
E) Journal of Indian Accounting Association, Jaipur
1 Quizzes/ Seminars/Presentations 04
2 Assignments/ Tutorials 04
3 Class Room Tests 04
Total 12
===================================================================
Page 18 of 43
M.Com. Part II Semester IV
Advanced Accounting and Taxation Special Paper VIII.
Subject Title -: Project Work / Case Studies.
Course Code -: 404
(w.e.f. Academic Year: 2014-15 Credit System)
A student can select any topic relating to principles practices and procedures of accounting auditing
taxation and management accounting. Any topic from the syllabus of the papers studied at M Com.
Part One or Part Two under special paper Accountancy & Taxation can be of a use. Pick up any unit
studied and try to connect it to commercial word around e.g. in taxation a student has studied taxation
of a company, then he can select a topic Tax Planning of a particular company or a study of taxation
of an educational institute. On this line following areas have been listed out for project work in
Accountancy.
5. Procedure of preparation of Consolidated Balance Sheet by Holding Company having two / three
subsidiaries companies.
8. A comparative study of Accounting System of Hotel industry – Five Star, Three star, large Hotel
and small Hotel.
9. Comparative study of Accounting of Hospitals from Private sector, Trust and Small Hospital.
Page 19 of 43
13. Preparation of Value Added Statements of a Company and its comparison with Conventional
Accounting Statement.
14. Preparation of Economic Value Added Statement of a Company and its comparison with
Conventional Accounting Statement.
22. A study of Perquisites and its impact on Taxable Income Employees from 10 different Companies.
23. A study of ten Export Oriented Units from Taxation point of view.
28. Comparative Study of Housing Loan Schemes of Banks and Financial Institutions.
29. Comparative Study of Fees Structure of Non-grant and Grant In Aid Educational Institutions.
32. Preparation of Project Report for Small Scale Industry, Hotel, Xeroxing business, Computer
Institute, Hospital, Transport Business, Petrol Pump.
Page 20 of 43
40. A comparative study of different Accounts Software e.g. Tally, SAP, ERP, Local Software etc.
42. A study of Significant Accounting Policies of different Companies from different Industries.
44. Comparative study of Advances of Credit Co-op. Societies and Urban Co-op Banks.
45. Preparation of Project Report of Agro based industries, Poultry Farming, Dairy business, Nursery,
Horticulture farm.
52. A study of Accounting of Electricity Company, (Tata Power, Ahmedabad Electricity Power Co.
Ltd.)
54. A comparative financial analysis of running of Luxury buses by private operators and State
Transport Corporation.
56. Comparative study of Annual Report of 3 Co-op Banks for the year ending 2008 - 09.
57. Comparative study of Annual Report of 3 Limited companies for the year 2008-09
59. Impact of IRAC Norms of financial position of any co-operative bank over last 3 years.
61. Determination of Taxable Income of a Charitable Hospital as per Section 11,12,12A & 35 of I..T.
ACT.. Act. 1961.
62. Accounting Standards, their application by the limited company to its annual accounts.
63. Comparative study of effect of Depreciation Allowance on Book Profit & taxable profits of a
limited company for 3 years including carried forward and set-off.
Page 21 of 43
65. Study of fraud cases detected by application of S.A.P.
67. A study on E filing of Tax Returns- Income Tax, VAT, Service Tax etc.
=========================================================================
Page 22 of 43
M.Com. Part II Semester IV
Commercial Laws and Practices Special Paper VII.
Subject Title -: Recent Advances in Commercial Laws & Practices
Course Code -: 405
(w.e.f. Academic Year: 2014-15)
Objective:
To acquaint the students with the Knowledge about recent changes / developments in commercial laws.
Page 23 of 43
Reference Books:
1. Taxman’s Corporate Law, Taxman Allied Services Pvt. Ltd., New Delhi. (Recent Edition).
2. Seth’s Commentaries on Banking Regulatory Act and Allied Banking Laws, Law Publishers
(India) Pvt. Ltd., Allahabad.
3. Taxman’s “Banking Law and Practice in India”, India Law House, New Delhi.
4. P. N. Varshney, “Banking Law and Practices”, Sultan Chand & Sons, New Delhi. (2012).
5. All bare Acts of respective legislations referred in the syllabus.
Page 24 of 43
M.Com. Part II Semester IV
Commercial Laws and Practices Special Paper VIII.
Subject Title -: Project Work
Course Code -: 406
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To develop research attitude in the minds of students.
2. To enrich the ability of research work among students.
Report Contents :
A. Cover page
B. Company Certificate
C. Acknowledgement
D. Declaration
E. Executive Summary
Page 25 of 43
M.Com. Part II Semester IV
Advanced Cost Accounting and Cost System Special Paper VII.
Subject Title -: Recent Advances in Cost Auditing and Cost System
Course Code -: 407
(w.e.f. Academic Year: 2014-15)
Objectives:
To provide knowledge on recent advances in cost accounting and cost systems.
Books Recommended :-
1. Indirect Taxes -: V.S. Datey
2. Indirect Taxes -: Ahuja.
Journals :-
Management Accountant - ICWAI, Publication
Cost Accounting Standards-Issued by ICWAI, Kolkatta
Page 26 of 43
M.Com. Part II Semester IV
Advanced Cost Accounting and Cost System Special Paper VIII.
Subject Title -: Project Work / Case Studies
Course Code -: 408
(w.e.f. Academic Year: 2014-15)
Project Work Will Carry 100 Marks. For Regular Students, Project Work Is Compulsory. The Option Of
Case Studies Is Only For The Students Registered As An External Student. ‘Students Are Expected To
Prepare The Project Report Based On The Field Work And Survey And Studying The Current Trends
Under The Guidance Of Their Guide Teacher’. They Will Have To Submit The Report On 31st March
Every Year. Project Viva Voce Will Be Conducted At The End Of IVth Semester But Before Theory
Examination.
3. VAT Audit: Visit to any Trading Concern offices Chartered Accountant and Cost Accountant,
Understanding the Actual Procedure of VAT audit, its Implication & Benefits.
4. Excise Audit: Study of Procedure of Audit (Eligible for Excise Audit) or Office Cost
Accountant, to understand the Actual Procedure of Excise audit, its Importance and Benefits.
5. Cost Audit: Audit Programme Understanding the Procedure of Cost Audit, Cost Accounting
Record Rules of the Respective Industry and Preparation of Cost Audit Report.
6. Process Costing: Visit to Sugar Industry & Understanding the Use of Process Costing Method
in the factory, Cost Analysis at Each Stage in Particular and Cost Analysis in General done in
the Sugar Factory.
7. Pricing Decisions: Visit to any Industry Understanding the different Methods and Techniques
used by the Concern in pricing different Products.
8. Cost Control and Cost Reduction: Visit to any Manufacturing Concern and Understanding the
different Methods used fruitfully by the Priority in Cost Control and Cost Reduction. ISO-
Procedure.
Page 27 of 43
10. Costing in Service Industry: Visit to any Hotel, Airlines, Hospitals or any other Service
Industry and Understanding the Costing Methods used in the Concerned Service Industry and
its Utility to Ascertain the Cost of Service Rendered as well as for controlling the Cost.
14. Application to Agro Based Industries i.e. fishery, dairy, poultry etc.
Page 28 of 43
M.Com. Part II Semester IV
Co-operation and Rural Development Special Paper VII.
Subject Title -: Recent Tread in Co-operative and Rural Development
Course Code -: 409
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To create awareness regarding globalization and its effects on a rural development.
2. To study and projects in the field of Co-operation and recent advances rural development.
Unit No. Name of the Topic Periods
1 Social & Economical Aspect: 12
1.1 Theory and practice of Co-operative principles.
1.2 Issue of economic viability of Co-operative institutions.
1.3 Issue of non-viability and sick co-operative units.
1.4 Social responsibility of Co-operative institutions.
1.5 Co-operative leadership in global era.
2 Globalization and Co-operatives : 12
2.1 Impact of globalization on co-operative institutions.
2.2 Challenges of global competition.
2.3 Meeting the global challenges.
2.4 New management technologies.
2.5 Quality enhancement through six Sigma.
3 Role of Self Help Groups in Rural Development 12
3.1 Formation & Organisation
3.2 SHGs an innovation for rural development.
3.3 Micro finance and SHGs.
3.4 Development of banking habits among rural people.
3.5 Rural artisans and SHGs.
3.6 Woman empowerment through SHGs.
3.7 Marketing of SHG products
3.8 Performance.
4 Rural distress and Government Measures. 12
4.1 Reports of various committees regarding farmers Suicides.
4.2 Causes of Farmer’s suicides.
4.3 Short and long term Governmental measures for redressing rural
distress.
4.4 Self-sustaining rural development.
TOTAL 48
Page 29 of 43
List of Books Recommended for Study
Books :
1. Krushnaswami O.R- Co-operative Audit.
2. Krushnaswami O.R- Co-operative Accounts
3. Bedi R.D. – Theory History and Practices of Co-operations.
4. Dubhashi P.R – Principles and philosophy of co- operation.
5. Dubhashi P.R-Rural development administration in India.
6. B.K.Sinha- Indian co-operation.
7. S.k.Day- power to the people.
8. Rajeshwar – community development, Panchayat raj, sahakari samaj.
9. S.K.Goyal – co-operative farming in India.
Journals:
1. Journal of Rural Development, Hyderabad (Rajendranagar)
2. Journal of co-operative perspective, Pune
3. The Indian Journal of commerce, New Delhi
4. Journal of Sahakari Maharashtra, Pune
5. Journal of Southern Economics
Page 30 of 43
M.Com. Part II Semester IV
Co-operation and Rural Development Special Paper VIII.
Subject Title -: Project Work
Course Code -: 410
(w.e.f. Academic Year: 2014-15)
Objectives :
1. To develop research attitude of the students.
2. To enrich the ability of research work among the students.
As a partial fulfillments of University of Pune requirement for M.Com Programme students have
to undergo in-plant training of 6 weeks in an organization of repute assigned by the institute or accessible
to student. The objective of this activity is to test students ability to apply theoretical knowledge to
practical business situation.
In the light of exposure to different functional areas and research methodology at M.Com. Part-
II curriculum the students have to collect the data relevant to their topic or problem, analyze the same
methodologically, make intelligent observations and offer some practical suggestions. In order to
complete the task following Report Contents and Chapter Scheme is suggested which can be adopted
with or without modification.
REPORT CONTENTS :
A. Cover Page
B. Company Certificate
C. Guide Certificate
D. Acknowledgement
E. Declaration
F. Executive Summary
Page 31 of 43
M.Com. Part II Semester IV
Business Practices and Environment Special Paper VII.
Subject Title -: Recent Advances in Business Practices and Environment.
Course Code -: 411
(w.e.f. Academic Year: 2014-15)
Objective :-
To provide knowledge and understanding of recent advances in Business Practices.
Page 32 of 43
M.Com. Part II Semester IV
Business Practices and Environment Special Paper VIII.
Subject Title -: Project Report.
Course Code -: 412
(w.e.f. Academic Year: 2014-15)
There will be a project work carrying 100 marks for internal students only. The students will have to
select a subject from any area of the syllabi for Business- Entrepreneurship. The students will have to
work under the guidance of concerned subject teacher.
The project will carry total 100 marks out of which Forty marks will be allotted for Project Report and 60
marks will be allotted for Project Viva Voce to be conducted by internal teacher and external teacher
(examiner) appointed by the University.
Note: The list of suggested areas for project work will be notified in due course.
Case Studies:
There will be a paper of case studies for external students. The paper will be set for 80 marks- to be
converted in to 100 marks. Total 20 cases will be selected from standard book for study. In the question
paper 3 cases out of 20 (twenty) cases will be covered, each carrying twenty (20) marks. One unseen case
also will be covered & it will carry twenty (20) marks.
Note: The paper of case studies will be offered only by external students only.
Page 33 of 43
M.Com. Part II Semester IV
Business Administration Special Paper VII.
Subject Title -: Recent Advances in Business Administration
Course Code -: 413
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To familarise the students with the recent advancements in business administration
2. To develop an understanding about tools and their application in the business.
TOTAL 48
Page 34 of 43
M.Com. Part II Semester IV
Business Administration Special Paper VIII.
Subject Title -: Project Work / Case Studies.
Course Code -: 414
(w.e.f. Academic Year: 2014-15)
There will be a project work carrying 100 marks for internal students only. The students will have to select a
subject from any area of the syllabi for Business- Administration. The students will have to work under the
guidance of concerned subject teacher. The project will carry total 100 marks out of which sixty marks will
be allotted for Project Report and 40 marks will be allotted for Project Viva Voce to be conducted by
internal teacher and external teacher (examiner) appointed by the University.
Note: The list of suggested areas for project work will be notified in due course.
Case Studies:
There will be a paper of case studies for external students. The paper will be set for 80 marks- to be
converted to 100 marks. Total 20 cases will be selected from standard book
for study. In the question paper 3 cases out of 20 (twenty) cases will be covered, each carrying twenty (20)
marks. One unseen case also will be covered & it will carry twenty (20) marks.
Note: The paper of case studies will be offered only by external students only.
Page 35 of 43
TOPICS
1. A empirical study on 360 degree Performance Appraisal in a Private sector organisation.
2. To study the Job Satisfaction of lower/middle/top level management in Banks/Private/Public
sector.
3. To study stress management related to work of the employees from IT Sector.
4. A Study on cross cultural management issues in an multinational company.
5. To study the ERP System of a Private/Public sector organisation.
6. A comparative study of the impact of team work in two departments of an organisation.
7. To study the overcoming of negative emotions and boosting motivation of Managers in
Private/Public sector organisation.
8. To study the Emotional Intelligence amongst female employees at workplace in Private/Public
sector employees.
9. To study the work-life balance of employees in an organisation.
10. To study the work culture and work ethics in an organisation.
11. To study the impact of Training of employees in an Bank/Private/Public sector organisation.
12. To study the impact and Role of Job Rotation for the Positive outcome.
13. To study the Pros and Cons of VRS to employer and employes in an organisation- A case study.
14. A study on the problems involved with the resignation of an employee to both employer and
employee.
15. A study on the prospects of Manpower Planning in organisation.
16. To study the awareness and utility of of HRD and HRM in an organisation.
17. A study on the problems related to job transfers of employees specially with reference to female
employees.
18. An overview of ethics in Performance Appraisal in an organisation.
19. To study the HR environment of two companies.
20. To study the HR challenges in employing Generation Y.
21. To study the HR Challenges in Indian Context.
22. To study the employee retention strategies of two companies.
23. To study the impact of change management of an organisation.
24. To study the techniques of turnaround management in an organisation.
25. To study the role and impact of information technology in indigenous and multinational
companies.
26. To study the financial position of a Company
27. To study the capital structure and Cost of capital of a company
28. To study the working Capital Management
29. To study the customer retention techniques adopted by Banks
30. To study the CSR practices adopted by Companies.
Page 36 of 43
M.Com. Part II Semester IV
Advanced Banking & Finance Special Paper VII.
Subject Title -: Recent Advances in Banking and Finance in India.
Course Code -: 415
(w.e.f. Academic Year: 2014-15)
Objectives:
1. To enable students understand new developments in banking industry.
2. To keep the students abreast with the innovative practices introduced in day to day banking.
Page 37 of 43
4 Recent Developments in Capital Market: 12
Recent reforms in the capital market with reference to primary
market : Book building, reverse book building mechanism (75%-
100%), Green shoe option, Online IPOs., Grading & IPO’s
Secondary market : organization, Regulation and functions of
stock exchanges, listing and trading of securities, the BSE, the
NSE, OTCEI, and the interconnected stock exchanges of India.
The working of these stock exchanges.
Changing trends in foreign institutional investments.
Introduction of depositories and custodian,
Options and futures trading in equity derivatives market.
Total 48
Recommended Books :
1. Financial Institution and Markets - a Global Perspective - Hazel J. Johnson
2. Foreign Exchange; International Finance-Risk Management-A.V. Rajwade
3. Financial Markets and Institutions- L.M. Bhole
4. International Financial Management-Eun/Resnick
5. International Financial Management, Markets, Institutions-James C. Baker-
6. Reserve Bank of India Bulletin-
7. Annual Reports of IMF, World Bank, ADB.
Page 38 of 43
M.Com. Part II Semester IV
Advanced Banking & Finance Special Paper VIII.
Subject Title -: Project Work in Banking & Finance.
Course Code -: 416
(w.e.f. Academic Year: 2014-15)
Note:
Clarity with respect to any topic mentioned above be given by the concerned subject teacher
/guide.
Student is required to choose one institution / scheme at a time.
The topics mentioned are for guidelines and the concerned subject teachers have the privilege to
choose and suggest any other topic other than the above
Page 39 of 43
M.Com. Part II Semester IV
Advanced Marketing Special Paper VII.
Subject Title -: Recent Advances in Marketing.
Course Code -: 417
(w.e.f. Academic Year: 2014-15)
Total 48
Page 40 of 43
Recommended Books:
1. Integrated Marketing Communications – Kenneth Clown & Donald Bach PHI, 2002
2. Strategic Marketing Management - David Aaker
3. Marketing Strategy, 3rd Ed. - Boyd Walker, Mulli Larrech
4. Relationship Marketing -S.Shajahan
5. Customer relationship Management - Shet Parvatiyar, Shainesh
6. Retail Management – Gibson Vedamani
7. Retailing Management – Swapna Pradhan
8. Service Marketing - Rampal & Gupta
9. Essence of Services Marketing - Ardian Payne
10. Services Marketing - S.M.Jha
Page 41 of 43
M.Com. Part II Semester IV
Advanced Marketing Special Paper VIII.
Subject Title -: Project Work / Case Studies.
Course Code -: 418
(w.e.f. Academic Year: 2014-15)
Objectives :
1. To develop research attitude of the students.
2. To enrich the ability of research work among the students.
REPORT CONTENTS :
a. Cover Page
b. Company Certificate
c. Guide Certificate
d. Acknowledgement
e. Declaration
f. Executive Summary
Note:
1) This project is strictly being undertaken under the guidance and concerned teacher:
2) Topics for Project are in general and student may modify or select the related subject in
consultation with the teacher.
Page 42 of 43
The Topics Suggested for Project Work :
Page 43 of 43
UNIVERSITY OF PUNE
Master of Commerce (M.Com.) Semester Pattern with Credit System
Revised with effect from June 2013
From this point of view University of Pune has introduced Choice Base Credit
System of course structure. This system shall offer a flexible user friendly, opportunity to the
learner, will broader the horizon of Commerce education and will give a fair chance to every
single learner to exhibit his talent, acquired skills and enhance his personality. It will further
enhance his opportunity of global mobility, to acquire different knowledge inputs from different
global institutes.
1. Objectives :
a. To equip and train Post Graduate students to accept the challenges of Business
World by providing opportunities for study and analysis of advanced Commercial
and business methods and processes.
b. To develop independent logical thinking and facilitate personality development.
c. To equip the students for seeking suitable careers in management and
entrepreneurship.
d. To study by students methods of Data collection and their interpretations.
e. To develop among students Communication, Study and Analytical skills.
Page 1 of 38
2. Duration :
The M.Com. Course will be of Two Years duration consisting of Two part. i.e. Part I and
Part II. Each part is having Two Semesters. Thus the M.Com. Course is of Four
Semesters. For each Semester there will be Four Papers of 100 marks each. The M.Com.
Degree will be of 1600 marks in aggregate.
4. Eligibility :
The student who has passed any Bachelors degree of this University or any other
recognized University shall be held eligible to be admitted to M.Com. Course.
5. Course Structure:
The M.Com. degree course will be of two year duration consisting of four semesters and
of minimum 64 credits as below:
Four credits for project work at 4th Semester (This will include credits for fieldwork, data
presentation and report writing)
In each Semester, there will be four papers of 100 marks each out of which 50 marks will
be for Internal Assessment (attendance, home assignments, class tests, long term papers,
classroom presentation and 50 marks for University Examination. Thus M.Com. degree
examination, four Semesters shall be of 1600 marks and of minimum 64 credits
altogether. The following shall be the course structure.
Page 2 of 38
6. The Scheme of Papers: The following will be the Scheme of papers:
The List of Courses Semester I
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 101 Management 04 04 03 50 50 100
Compulsory Accounting
102 Strategic 04 04 03 50 50 100
Management
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 103 Advanced 04 04 03 50 50 100
Elective/ Accounting
Optional 104 Income Tax 04 04 03 50 50 100
Subjects/ Group B (Commercial Laws & Practices)
Special 105 Information system 04 04 03 50 50 100
Subjects and E-Commerce
Practices
106 Intellectual Property 04 04 03 50 50 100
Laws
Group C (Advanced Cost Accounting & Cost system)
107 Advanced Cost 04 04 03 50 50 100
Accounting
108 Costing Technique 04 04 03 50 50 100
and Responsibility
Semester
Accounting
I
Group D (Co-operation & Rural Development)
109 Co-operative 04 04 03 50 50 100
Movement in India
110 Organization of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
111 Organized Trades 04 04 03 50 50 100
and Markets
112 Business 04 04 03 50 50 100
Environment and
Policy
Group F (Business Administration)
113 Production and 04 04 03 50 50 100
Operation
Management
114 Financial 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
115 Legal Framework of 04 04 03 50 50 100
Banking
116 Central Banking 04 04 03 50 50 100
Group H (Advanced Marketing)
117 Marketing 04 04 03 50 50 100
Techniques
118 Consumer 04 04 03 50 50 100
Behaviour
Page 3 of 38
Semester II
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 201 Financial Analysis and 04 04 03 50 50 100
Compulsory Control/ Principals of
Semester Financial Accounting
II 202 Industrial Economics/ 04 04 03 50 50 100
Economic
Environment/Business
Statistics/ Quantitative
application
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 203 Specialized Areas in 04 04 03 50 50 100
Elective/ Accounting
Optional 204 Business Tax Assessment 04 04 03 50 50 100
Subjects/ & Planning
Special Group B (Commercial Laws & Practices)
Subjects 205 E- Security & Cyber 04 04 03 50 50 100
Laws
206 Laws Regulating to 04 04 03 50 50 100
Copyrights & Design
Group C (Advanced Cost Accounting & Cost system)
207 Application Cost 04 04 03 50 50 100
Accounting
208 Cost Control & Cost 04 04 03 50 50 100
System
Group D (Co-operation & Rural Development)
209 International Co- 04 04 03 50 50 100
operative Movement
210 Management of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
211 Modern Business 04 04 03 50 50 100
Practices
212 Business Environment 04 04 03 50 50 100
Analysis
Group F (Business Administration)
213 Business Ethics and 04 04 03 50 50 100
Professional Values
214 Elements of Knowledge 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
215 Banking Law & Practices 04 04 03 50 50 100
216 Monetary Policy 04 04 03 50 50 100
Group H (Advanced Marketing)
217 Customer Relationship 04 04 03 50 50 100
Management & Retailing
218 Services Marketing 04 04 03 50 50 100
Page 4 of 38
Semester III
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
301 Business Finance/ 04 04 03 50 50 100
Core Financial System
Compulsory 302 Research 04 04 03 50 50 100
Methodology for
Business
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
303 Advanced Auditing 04 04 03 50 50 100
304 Specialized Auditing 04 04 03 50 50 100
Group B (Commercial Laws & Practices)
305 Laws Relating to 04 04 03 50 50 100
International Business
306 WTO – Norms & 04 04 03 50 50 100
Practices
Core Group C (Advanced Cost Accounting & Cost system)
Elective/ 307 Cost Audit 04 04 03 50 50 100
Optional 50 50
308 Management Audit 04 04 03 100
Subjects/
Special Group D (Co-operation & Rural Development)
Semester 309 Co-operative Credit 04 04 03 50 50 100
Subjects
III System
310 Co-operative Banking 04 04 03 50 50 100
System
Group E (Business Practices & Environment)
311 Entrepreneurial 04 04 03 50 50 100
Behaviour
312 Entrepreneurship 04 04 03 50 50 100
Group F (Business Administration)
313 Human Resource 04 04 03 50 50 100
Management
314 Organizational 04 04 03 50 50 100
Behaviour
Group G (Advanced Banking & Finance)
315 Foreign Exchange 04 04 03 50 50 100
316 International Finance 04 04 03 50 50 100
Group H (Advanced Marketing)
317 International 04 04 03 50 50 100
Marketing
318 Marketing Research 04 04 03 50 50 100
Page 5 of 38
Semester IV
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Type Code Week Hours
401 Capital Market and 04 04 03 50 50 100
Core Financial Services/
Compulsory Portfolio
Management
402 Industrial Economic 04 04 03 50 50 100
Environment/
Operations Research
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
403 Recent Advances in 04 04 03 50 50 100
Accounting,
Taxation, Taxation
Semester and Auditing
IV 404 Project Work/ Case 04 04 03 50 50 100
Studies
Group B (Commercial Laws & Practices)
Core 405 Recent Advances in 04 04 03 50 50 100
Elective/ Commercial Laws
Optional and Practices
Subjects/ 406 Project Work/Case 04 04 03 50 50 100
Special Studies
Subjects Group C (Advanced Cost Accounting & Cost system)
407 Recent Advances in 04 04 03 50 50 100
Cost Auditing and
Cost System
408 Project Work/Case 04 04 03 50 50 100
Studies
Group D (Co-operation & Rural Development)
409 Recent Advances in 04 04 03 50 50 100
Co-operative and
Rural Development
410 Project Work/Case 04 04 03 50 50 100
Studies
Group E (Business Practices & Environment)
411 Recent Advances in 04 04 03 50 50 100
Business Practices
and Environment
412 Project Work/Case 04 04 03 50 50 100
Studies
Group F (Business Administration)
413 Recent Advances in 04 04 03 50 50 100
Business
Administration
414 Project Work/Case 04 04 03 50 50 100
Studies
Group G (Advanced Banking & Finance)
415 Recent Advances in 04 04 03 50 50 100
Banking and Finance
416 Project Work/Case 04 04 03 50 50 100
Studies
Group H (Advanced Marketing)
417 Recent Advances in 04 04 03 50 50 100
Marketing
418 Project Work/Case 04 04 03 50 50 100
Studies
Page 6 of 38
7. Scheme of Examination:
The examination of regular students of M.Com. degree course of the University of Pune
admitted in the academic session 2013-14 and after shall be based on:
For each paper of 100 marks, there will be an Internal Assessment (1A) of 50 marks and
the University Examination (UE) of 50 marks/ 3 hours duration at the end of each
semester. A candidate who will secure at least 40% marks allotted to each paper will be
given 4 credits. A candidate who does not pass the examination is any subject or subjects
in one semester will be permitted to appear in such failed subject or subjects along with
the papers of following semesters.
The Internal Assessment for each paper will be 50 marks which will be carried out by the
department during the term. The Internal Assessment may be in the forms of written test,
seminars, term papers, presentations, assignments, orals or any such others. The
distribution of internal assessment marks shall be as follows:
Midterm Test 20
Presentation/Role Play 10
Case studies/ Group Discussion 10
Quiz / Home Assignment 10
Total 50
There shall be four semester examinations: first semester examination at the middle of
the first academic year and the second semester examination at the end of the first
academic year. Similarly, the third and fourth semester examinations shall be held at the
middle and the end of the second academic year, respectively.
A student cannot register for the third semester, if she/he fails to complete 50% credits of
the total credits expected to be ordinarily completed within two semesters.
There will be a Research Project to be prepared by a student during the fourth semester.
The objective of the project work is to introduce students to research methodology in the
subject and prepare them for pursuing research in theoretical or experimental or
computational areas of the subject. The project work is to be undertaken under guidance
of a teacher allotted to a student by the department.
Page 7 of 38
Division of marks Marks
A. Synopsis with working bibliography (Internal 40 marks
Assessment) 50 marks
Viva Voce (Internal Assessment) 10 marks
B. A full project Report (Minimum 50-80 pages) 40 marks
(Internal & External Assessment) 50 marks
Viva Voce (Internal & External Assessment) 10 marks
As the Research Project is based on the self study done by the candidate and evaluated
for 100 marks altogether, 04 credits will be awarded to a successful candidate in this
subject. The project may be evaluated by two examiners one internal and one external,
selected from the panel of PG examiners of the University. The Viva voce must be
conducted by the teachers selected out of the panel of PG examiners maintained by the
University.
The candidates have to submit the project 15 days before the commencement of the
fourth semester university examination. The project report shall be type-written and
submitted in duplicate. A candidate who fails to submit the project may resubmit the
same in the subsequent semester examination for evaluation. The project work activities
must be duly supported by documentary evidence to be endorsed by the Head or Guide.
9. Standard of passing:
A candidate shall be declared to have passed in the paper provided he/she has secured
minimum GP of 4.5 in the UNIVERSITY EXAMINATION and GRADE POINT
AVERAGE of 4.0 in aggregate of UNIVERSITY GRADE and INTERNAL
ASSESSMENT taken together.
Candidates who secured not less than 60% of aggregate marks (INTERNAL
ASSESSMENT +UNIVERSITY EXAMINATION ) in the whole examination shall be
declared to have passed the examination in the first class. All other successful candidates
shall be declared to have passed in second class. Candidates who obtain 70% of the
marks in the aggregate (INTERNAL ASSESSMENT +UNIVERSITY EXAMINATION
) shall be deemed to have passed the examination in first class with distinction.
A student who passess in all the courses will be declared to have passed the M.Com.
degree with the following honours.
Page 8 of 38
11. Scheme of Credits:
Sixty (60) hours of teaching will lead to three credits (which mean four hours per week
teaching in one semester) and long term paper as well as presentation will carry one
credit. Each semester shall have 16 credits.
At the end of each semester, student will be given a transcript showing the performance
and result in each course. The transcript shows, for each course the title of the course,
credit values, grade in UNIVERSITY EXAMINATION , grade in INTERNAL
ASSESSMENT , grade point index, result as pass or fail. Also, the semester grade point
average (SGPA) and cumulative grade point average (CPGA) will be shown. Further the
equivalent percentage of marks corresponding to SGPG or CGPA to equivalent
percentage is given by:
Page 9 of 38
13. Distribution of Periods:
There shall be 60 periods for each subject to cover the entire teaching of 4 credits. This
will be distributed as follows:
Particulars Periods
Teaching session per programme 48
Assignment/ Test 04
Role play/ Group Discussion 04
Case studies and presentation 04
Total 60
17. A student (Regular / External) will be admitted to Revised M. Com. Course with effect
from June 2013. For the students who have completed the terms for the First Year as per
Old Course will be admitted to the Second Year as per Old Course M. Com. The
examination as per Old Course will be held simultaneously for three years from April /
May 2014.
Page 10 of 38
18. Qualification of the Teachers :
The Teachers recognized to teach the subjects as per Old Course shall be deemed to be
recognized in the corresponding equivalent subjects under Revised Course.
In case of: A) Business Statistics, B) Industrial Economics, C) Co-operation and Rural
Development, D) Advanced Banking and Finance and E) Research Methodology and
Project Work- Paper-IV of each Special Subject, the following qualifications be made
applicable.
------------o-----------
Page 11 of 38
M.Com. Part I Semester I
Compulsory Paper
Subject Name -: Management Accounting
Course Code -: 101.
Objective -: The objective of the course is to enable students to acquire sound Knowledge of concepts,
methods and techniques of management accounting and to make the students develop competence with
their usage in managerial decision making and control.
Unit
Topic Lectures
No.
1. BASIC CONCEPTS: 06
Management Accounting- Meaning and Definition, Characteristics,
Objectives, scope and functions of Management Accounting Financial
Accounting, Cost Accounting and Management Accounting Tools and Techniques
of Management Accounting - Advantages and Limitations of Management
Accounting - Installation of Management Accounting System-Management Accountant
: functions and duties - Essential qualities.
2. FINANCIAL STATEMENT ANALYSYS: 04
Introduction - objectives of analysis of financial statement-tools of financial statement
analysis - Multi - step income statement, Horizontal analysis, Commonsized analysis,
Trend analysis, Analytical Balance Sheet.
3. RATIO ANALYSIS: 08
Ratio Analysis-Meaning and rationale, advantages and limitations. Types of Ratios -:
Liquidity Ratios, Solvency Ratios, Profitability Ratios, Efficiency Ratios, Integrated
Ratios.
4. FUND FLOW AND CASH FLOW STATEMENT: 12
A. Meaning of Fund flow statement -Uses of fund flow statement, Funds Flow
Statement and Income Statement. Preparation of Funds Flow Statement.
B. Meaning of Cash flow statement - Preparation of Cash Flow Statement.
Difference between Cash Flow Analysis and Funds Flow Analysis. Utility of Cash flow
Analysis. Limitations of Cash Flow Analysis.
5. WORKING CAPITAL MANAGEMENT: 12
Concept and definition of working capital - Determination of Working capital -
Assessment of Working Capital needs - Stud y of components of working capital,
such as cash management, accounts receivable management and inventory
management.
6. RESPONSIBILITY ACCOUNTING: 06
Meaning, objectives and structure of Responsibility Accounting as a divisional
performance measurement. Types of Responsibility Centers: Cost/Expense Centers,
Profit Centers, Investment Centers.
Total
Page 12 of 38
Recommended Books
Page 13 of 38
M.Com. Part I Semester I
Compulsory Paper
Subject Name -: Strategic Management
Course Code -: 102.
Unit
Topic Peroids
No.
1. Nature and Scope of Strategic Management: 06
Characteristics, Dimensions – Approaches to Strategic Decision Making, Strategic
Management Process – Components of Strategic Management Model, - Policy &
Strategic Management, Strategic role of Board of Directors and Top Management,
Strategic Implications of Social and Ethical Issues.
2. Strategy Formulation and Strategic Analysis: 06
Company’s Goals, Mission and Social Responsibility, Vision – Objectives Analysis
of Board Environment – External Environment Factors Economic, Social, Political,
Ecological, International, Industrial – Competitive Forces and Strategy, Industry
Analysis (Michael Porter’s Model) Analysis of Strategic advantage, - Resource
Audit, Value Chain Analysis, Core Competencies, SWOT Analysis, Analysis of
Stakeholders Expectations.
3. Strategic Planning: 10
Conceptual Understanding of Strategic Plan, - Meaning, Stages (Steps), Alternatives,
Advantages and Disadvantages of Strategic Planning, How to make it effective?.
4. Strategic Choices/Options: 06
Generating Strategic Alternatives, Strategic Options at Corporate (Company) Level –
Stability, Growth and Defensive Strategies, External Growth Strategies – Mergers,
Acquisition, Joint Ventures and Strategic Alliance, Evaluation of Strategic
Alternatives, - Product Port Folio Models, Selection of Suitable Corporate Strategy.
5. Strategy Implementation: 06
Implementation Issues, Planning and Allocating Resources, – Financing Planning,
Manpower Planning, Organizational Structures, - Factors affecting choice of
structure, Degree of Flexibility and Autonomy.
6. Functional Strategy: 08
i. Marketing Strategy – Nature, Significance, Formulating Marketing Strategy
ii. Production Strategy – Need, Formulation of Production of Strategy for an
organization.
iii. Research and Development (R&D) Strategy –Need, Formulating R and D
Strategy
iv. Human Resource (HR) Strategy – Acquisition of Human Resources,
motivation and maintenance of HR
v. Financial Strategy – Need, Financial Objectives, Making Strategic Financial
Decisions
vi. Logistics Strategy
7. Strategic Review: 08
Evaluating the Strategic Performance – Criteria and Problems –Concepts of
Corporate Restructuring, Business Process Reengineering, Benchmarking, TQM, Six
Sigma
Total
Page 14 of 38
Recommended Books
1. From Strategic Planning to Management -By Ansoff M.Igor, R. P. Declorch, R. I. Hayes (Willey
1976)
2. Cases in Strategic Management – By Buddhiraja S. B. and M. B. Athreeya (TMH Publishing
Company, New Delhi, 1996)
3. Business Policy:Strategic Planning and Management, By Ghosh P. K.8th Edition Sultan Chand and
Sons, New Delhi
4. Strategic Management -Formulation, Implementation and Control By John A PearceII, Richard B.
Robinson Jr. 9th Edition (The Mc-Graw Hill Companies)
5. Management Policy and Strategic Management (Concepts, Skills and Practices) By R. M.
Srivastava, Himalya Publishing House
6. Contemporary Strategy Analysis By Grant Robert M. 2nd Edition Blackwell Publisher (USA)
7. Strategic Management of Organizations and Stakeholders –Concepts and Cases By Harrison and St.
John, South western College Publishing, Ohio, USA-1998
8. Strategic Management By Hunger, J. David and Thomas Wheelar, 6th Edition, Addision Wesley
Longman Inc., USA
9. Strategic Management Concepts and Cases By J. Thomson, Athur and M. J. Strickland – III,
McGraw Hill 2001
10. Strategic Management -By Miller A , McGraw Hill 1998
11. Strategic Management -By Hitt MA et.al, South Western, 2001
12. Essence of Strategic Management –By Bowman, Cliff, Prentice Hall N. J.
Page 15 of 38
M.Com. Part I Semester I
Advanced Accounting and Taxation Special Paper I.
Subject Title -: Advanced Accounting.
Course Code -: 103
Objective -:
i. To lay a theoretical foundation of Accounting and Accounting Standards.
ii. To gain ability to solve problems relating to Company Accounts, Valuations and special types of
situations.
No. of Lecturers
UNIT TOPIC
in hours
I BASIC CONCEPTS: 08
Conceptual framework of Accounting - Accounting environment - Concept of
accounting theory - Role of accounting theory - Classification of
accounting theory - Approaches to accounting theory - Accounting Standards -
Generally Accepted Accounting Principles - Selection of Accounting
Principles - Professional Development of Accounting in India. Introduction to
IFRS & IND-AS.
II COSOL IDAT ED FINANCIAL STATEMENTS: 10
Consolidated Accounts of Holding and subsidiary Companies
Consolidation - Inter Company transactions - Issue of Bonus Shares -
Revaluation of Fixed Assets - Debentures and Preference Shares of
subsidiary Company- Dividend - (Holding company with two subsidiaries
only to be studied). AS.21.
III LIQUIDATION OF COMPANY: 04
Preparation of Statement of affairs including deficiency /surplus account.
IV VALUATION OF SHARES AND GOODWILL: 10
A. Valuation of Shares - Need for valuation - Methods of valuation of
shares- Net Asserts method, Dividend yield method, Earning yield
method, Return on Capital method, Price/Earning method and Fair value
method & DCF Method (Discounted Cash Flow Method).
B. Valuation of Goodwill - Need for valuation - Methods of valuing
Goodwill - Number of Years purchase of average profits method,
Capitalization method - Annuity method - Super profits method.
V LEASE ACCOUNTING: 08
Concept of Leasing: Important Steps in Leasing. Advantages and
disadvantages of Leasing. Types of Leasing - Finance Lease - Operating
Lease. Accounting treatment of Finance Lease and of Operating Lease. Sale and
Leaseback.
VI BRANCH ACCOUNTS: 08
Branch Accounts: Independent Branches- Accounting at Head Office-
Accounting at Branch- Some Special Transactions. Foreign Branches- Rules of
converting Trial Balance of the foreign Branch in Head Office Currency
TOTAL- 48
Page 16 of 38
Notes :
1. Shukla and Grewal: Advanced Accounts. (S. Chand & Co Ltd. New Delhi)
2. Jain and Narang: Advanced Accounts.(Kalyani Publishers, Ludhiana)
3. Sr. K. Paul: Accountancy, Volume-I and II.(New Central Book Agency, Kolkata)
4. R. K. Lele and Jawaharlal: Accounting Theory (Himalaya Publishers)
5. Dr. L. S. Porwal: Accounting Theory (Tata McGraw Hill).
6. Robert Anthony, D.F.Hawkins & K.A. Merchant: Accounting Text & Cases (Tata McGraw
Hill).
7. Dr.S.N. Maheshwari: Corporate Accounting (Viakas Publishing House Pvt. Ltd. New Delhi)
8. Dr.Ashok Sehgal & Dr.Deepak Sehgal: Advanced Accounting (Taxmann, New Delhi).
***************************************************************************************
Page 17 of 38
M.Com. Part I Semester I
Advanced Accounting and Taxation Special Paper II.
Subject Title -: Income Tax.
Course Code -: 104
Objective -:
i. To gain knowledge of the provisions of Income - tax including Rules pertaining there to, relating to
the following topics.
ii. To develop ability to calculate taxable Income of ‘Individual’, ‘Hindu Undivided Family’ and
‘Firm’ assesses.
INCOME TAX ACT, 1961
UNIT No. of Lecturers
TOPIC
in hours
06
I CONCEPTS AND DEFINITION
History of Income Tax in India - Introduction to DTC - Fundamental
Concepts and definitions under Income Tax Act, 1961 - Rates of taxes - Basis
of charge - Residential status and scope of total income -Income Exempt
from tax - Capital & Revenue
II HEADS OF INCOME: SALARIES & HOUSE PROPERTY: 08
A. Salaries: Chargeability -Allowances and Taxability - Perquisites -
Valuation of perquisites - Provident Funds - Deduction from
salaries (Theory & Advanced problems).
B. Income from House Property: Annual Value-Self occupied property
and let out property -deemed to be let out property - Permissible
deductions. (Theory & Advanced problems).
III HEADS OF INCOME : BUSINESS & PROFESSION: 10
Profits & Gains of Business or Profession: Meaning of Business Profession
and Vocation-deductions expressly allowanced Depreciation -Specific
disallowances - Method of accounting - Maintenance of Books of Account -
Audit of Accounts [Theory & Advanced Problems]
IV HEADS OF INCOME : CAPITAL GAINS & OTHER SOURCES: 08
A. Capital Gains: Meaning, Types and Exemptions
B. Income from Other Sources: Chargeability - Deductions - Amounts
not deductible.(Theory & Advanced Problems)
V COMPUTATION OF TAXABLE INCOME: 10
Clubbing of income - Set off and carry forward of losses - Deductions from
Gross Total Income - Computation of Taxable Income of an Individuals and
Hindu Undivided Families. (Theory & Advanced Problems)
VI ASSE SSMENT OF FIRMS AND THEIR PARTNERS : 06
(Theory & Advanced Problems)
TOTAL- 48
Page 18 of 38
Notes:
1. Amendments made prior to commencement of Academic Year in the relevant act should be
considered & studied.
2. The breakup of questions in the Examination will be as under:
a. Theory questions will carry 30% marks.
b. Problems will carry 70% marks.
1. Dr. Vinod Singhania: Direct Taxes, Law and Practice, Taxman Publication, New Delhi
2. Dr. Bhagawati Prasad: Direct Taxes
3. Girish Ahuja and Ravi Gupta: Direct Taxes, Bharat Law House, New Delhi.
4. T. N. Manoharan: Hand Book of Income Tax Laws
5. B.B.Lal & N.Vashisht: Direct Taxes (Pearson)
***********************************************************************************
Page 19 of 38
M.Com. Part I Semester I
Commercial Laws and Practices Special Paper I.
Subject Title -: Information Systems and E-Commerce Practices
Course Code -: 105
Objective -:
1. To get acquainted with the concepts and application of Information Systems used in Modern
Businesses.
2. To impart knowledge about E-Commerce and familiarize students with E-commerce Modern
Applications.
Unit
Name of the Unit / Topic Periods
No.
Introduction to Information Systems
System Concepts, Definition of a system, Basic Components of a system,
Elements and types of a systems, General Model of a system, The model of a
1.
Business system. 10
Information systems supporting major business functions.
Four major types of systems – Transaction Processing Systems, Management
Information systems, Decision Support Systems and Executive Support systems
Introduction to E-Commerce
Meaning and Definition of E-commerce, Benefits of E-Commerce to Businesses,
2.
Consumers and Society, Limitations of E-Commerce, Drivers of E-Commerce. 10
Categories of e-Commerce- B2B, B2C, C2C,B2G and G2B.
B2B applications, B2C applications and C2C applications.
Inter organizational Information Systems and Internet, Intranet and Extranet
Introduction, Role, benefits and structure of Inter organizational systems.
Introduction to Electronic Data Interchange (EDI), Definition, benefits of EDI. EDI
transactions and EDI Applications.
3. Electronic Fund transfer. 18
Introduction to Internet, Definition of Internet, Components of Internet, Services
offered by Internet.
Introduction to Intranet, Definition, advantages and disadvantages of intranet.
Introduction to extranet and definition and applications of Extranet.
E-Commerce Supporting functions
Purchase and sale Procedures, Supply Chain management, Value Chains in E-
Commerce.
4. 10
Electronic Payment Systems, Authentication of payment, Mode of Payments
E-Commerce Security. Security Requirements. Security Mechanisms-Encryption,
Digital Signature, E-Certificate, Secure electronic transaction protocol.
Total 48
[Note: Recent amendments in the Acts and relevant Landmark cases decided by courts are
expected to be studied]
Page 20 of 38
Books Recommended
1. E-commerce – Devid Whiteley- McGraw Hill
2. E-commerce – P.Joseph- PHI
3. E-commerce – The cutting edge of business – K.Bajaj and Nog TMH
4.System Analysis, Design and Introduction to Software Engineering – S.Parthasarathy, B.W.Khalkar
5.Text book on Intellectual property rights – N.K. Acharya, Asia Law House
6.Guide to Cyber Laws – B y Rohnay D. Ryder[Wadhwa, Nagpur]
7. Cyber Laws – Justice Yatindra Singh, Universal Law Publishing Co.
Page 21 of 38
M.Com. Part I Semester I
Commercial Laws and Practices Special Paper II.
Subject Title -: Intellectual Property Laws: Patents, Trade Marks & Biodiversity
Course Code -: 106
Objective -:
1. To make the students familiar with the concept of patents, trademarks, biodiversity;
2. To get the students acquainted with the regulatory regime concerning patents, trademarks,
biodiversity ;
3. To make the students realize the commercial significance of patents, trademarks, biodiversity as
Intellectual Property and understand the scheme of its protection.
Unit No. of
Title & Contents of the Topic
No. Periods
Intellectual Property – Origin, concept, Commercial/cultural dimensions, types/forms
(Intellectual Property Rights, IPR) International regulatory regime for IPR (references
1 6
to International legal Instruments viz. WTO,WIPO, GATT, TRIPS Paris Convention,
PCT, Budapest Treaty…)
Patents—Definition, concept , types of patents, patentable & non- patentable
inventions, Applications for patents, complete procedure for obtaining patents.
8
(Chapters 1 to 8 of Patents Act,1970 as amended), Patents of Additions, surrender &
revocation of patents.
Working of Patents , Compulsory licenses and revocation, use of patents for
2 government purposes and acquisition of patents, Infringement of patents, ( acts of
8
Infringement & defenses) reliefs for Infringement ( suits), appeals, Offenses &
penalties [Chapters 16 to 20 of Patents Act,1970 as amended]
Patents Offices, establishment, Controller of Patents ( functions and powers) Patent
Agents, , International arrangement [Chapters 14 & 21, 22 of the Act ], Issues and 4
concerns in patent regime
Trade Marks-- Definition, concept , types of Trade Marks, Registration of Trade
Marks [ Procedure, duration , effect ] Appellate Board [ Establishment, composition, 8
qualifications , procedure and powers, disposal of appeals]
3
Assignments and Transmission of Trade Marks, Provisions relating to collective &
certification Trade Marks, textile goods, Infringement of Trade Marks and remedies, 6
Offenses ( acts of violations, defenses) & Penalties
Biodiversity Act, 2002—Important relevant definitions of the terms like Biodiversity,
Biological Resources, Benefit Claims, Commercial Utilization, Fair & Equitable
4 Benefit Sharing, Sustainable Use—Regulation of Access to Biodiversity [ Ss 3 to 7], 8
Functions & Powers of National Biodiversity Authority & State Biodiversity Board [
Ss 18 to 25]
[Note: Recent amendments in the Acts and relevant Landmark cases decided by courts are
expected to be studied]
Page 22 of 38
Books Recommended
1. Intellectual Property Law – P. Narayan, Eastern Law House.
2. Text book on Intellectual Property Rights. – N.K. Acharya , Asia Law House, Hyderabad.
3. Law Relating to Intellectual Property – Dr. B.L. Waderha, Universal Law Publishing Co.
4. Intellectual Property Rights, (2011), - Dr. Sreenivasulu N. S., Regal Publications, New Delhi – 7.
5. Intellectual Property Law in India (2006) – Justice P. S. Narayana, Goigia Law Agency,
Hyderabad.
6. Universal’s “Intellectual Property Laws” (Bare Acts) Universal Law Publishing Co. Pvt. Ltd.
7. Law of Intellectual Property - Dr. S. R. Mynei – Asia Law House, Hyderabad (2011).
8. Intellectual Property Rights – Heritage, Science & Society Under International Treaties, A.
Subbian Deep & Deep Publications Pvt. Ltd., New Delhi (2007)
9. Intellectual Property Laws—Bextly & Sherman, Asia Law House
Page 23 of 38
M.Com. Part I Semester I
Advanced Cost Accounting and Cost System Special Paper I.
Subject Title -: Advanced Cost Accounting.
Course Code -: 107
Objectives:
1. To acquaint the students with the significance of Cost Accounting in Global Competitive
environment.
2. To enable students to learn application of different methods of costing in Manufacturing and
Service Industry.
Note:
The breakup of marks in the Examination will be as follows:
a. 50 % of marks for Theory & 50 % of marks for Practical.
b. Area of practical problems:
• Inventory turnover ratio, EOQ.
• Methods of Remuneration, Time rate, Piece rate, group bonus scheme,
Performance linked incentives.
• Primary and Secondary Distribution of Overheads (Repeated distribution method
only).
• Contract Costing, Process costing and Operating Costing.
c. Study of Cost Accounting standards: CAS 3 (Revised), CAS 6 and CAS 7.
Page 24 of 38
References:
1. Ravi Kishor: Advanced cost Accounting and cost systems, Taxman Allied services Pvt Ltd, New
Delhi.
2. N.K. Prasad: Principles and Practice of Cost Accounting, Syndicate Pvt Ltd, Calcutta.
3. Prof. Subhas: Practice in Advanced costing and Management, Nirali Prakashan, Pune.
4. Ravi Kishor: Students guide to Cost Accounting, Taxman’s allied services, New Delhi.
5. M. N Arora: Cost Accounting Principles and Practices, Vikas Publishing House, New Delhi.
6. S. N Maheshwari, Cost Accounting Theory and Problems, Mittal shree Mahvir Book Dept, New
Delhi.
7. Website: www.myicwai.com.
8. Advanced Cost Accounting and Cost Systems -: Ravi Kishor, P.V. Ratlam, M.L.Basu
Page 25 of 38
M.Com. Part I Semester I
Advanced Cost Accounting and Cost System Special Paper II.
Subject Title -: Costing Techniques and Responsibility Accounting.
Course Code -: 108
Objectives:
1) To equip the students for designing and implementing cost control, cost reduction programme
and different cost system.
2) Relevant Cost Accounting Standard are to be studied
3) Level of knowledge –Advanced Techniques of Costing
UNIT NO. NAME OF THE TOPIC PERIODS
1 Budgeting & Budgetary Control 12
Types of Budget, All Functional Budget & Master Budget,
Key and limiting factor, fixed and flexible, cash budget, Zero base Budget [ZBB]
2 Standard Costing – 12
Concept of Standard costs, Setting up of Standards: Variance analysis-Material
Labour, Overhead, Sales and profit.
3 Uniform Costing & Inter Firm Comparison 12
Reasons for differences in Cost and Costing Practices. The application of Uniform
Costing, Advantages and limitations of Uniform Costing.
Inter firm comparison Meaning, Advantages and Disadvantages
4 Responsibility Accounting and Reporting 12
Definition, Meaning, Principles, controllable and Non-controllable costs. Centers of
control, cost Centers, Revenue Center, Responsibility Center, Profit Center and
Performance Measurement of Business Center. Reporting to different levels of
Management.
Total 48
Note: - 50% Marks for Theory and 50% Marks for Practical Problems.
Areas of Practical Problems (Advanced)
1) Budgetary Control 3) Performance Measurement of Business Center
2) Standard Costing 4) Simple Problem of Responsibility Accounting
References:
1. Ravi Kishor: Advanced cost Accounting and cost systems, Taxman Allied services Pvt Ltd, New
Delhi.
2. N.K. Prasad: Principles and Practice of Cost Accounting, Syndicate Pvt Ltd, Calcutta.
3. Prof. Subhas: Practice in Advanced costing and Management, Nirali Prakashan, Pune.
4. Ravi Kishor: Students guide to Cost Accounting, Taxman’s allied services, New Delhi.
5. M. N Arora: Cost Accounting Principles and Practices, Vikas Publishing House, New Delhi.
6. S. N Maheshwari, Cost Accounting Theory and Problems, Mittal shree Mahvir Book Dept, New
Delhi.
7. Website: www.myicwai.com.
8. Advanced Cost Accounting and Cost Systems -: Ravi Kishor, P.V. Ratlam, M.L.Basu
List of Learning Activities and Allocation of Periods
Sr. No. Activities Learning Hours
1 Industrial Visits 04
2 Assignments 04
3 Class room tests 04
Total 12 hours
Page 26 of 38
M.Com. Part I Semester I
Co-operation and Rural Development Special Paper I.
Subject Title -: Co-operative Movement In India
Course Code -: 109
Objectives:
1. To acquaint the students with the Co-operative Movement.
2. To develop the capability of students for knowing different types of Co-operatives.
3. To aware the role of State and Central Govt. in development of co-operative sector.
4. To give basic knowledge about formation of Co-operative society and its administration.
Page 27 of 38
M.Com. Part I Semester I
Co-operation and Rural Development Special Paper II.
Subject Title -: Organization of Co-operative Business
Course Code -: 110
Objectives:
1. To acquaint the students with the Co-operative movement.
2. To develop the capability of students for knowing different types of Co-operatives.
3. To aware the role of state and central Govt. in development of co-operative sector.
TOTAL 48
Page 28 of 38
M.Com. Part I Semester I
Business Practices and Environment Special Paper I.
Subject Title -: Organized Trades and Markets
Course Code -: 111
Recommended Books:-
1. Principles of Business, Acharya, Govekar, A.R.Sheth & Co. Organization
2. Principles and Practice of Mamoria Joshi Kitab Mahal Marketing
3. Regulated Markets W.R.Natu
4. Marketing CO-operative, G.S.Kamat, Way Maharashtra State Co-op Union
5. Future Trading and Control Ram Desai
6. Bombay Money Market, H. parekh
7. Commodity Marketing and, P.L.Gadgil, Shubhada Saraswat Distributed Trade
8. Business Environment Text & Cases by Francis Cherybilam
9. Financial Derivatives & Risk Management by O. P. Agarwal.
Page 29 of 38
M.Com. Part I Semester I
Business Practices and Environment Special Paper I.
Subject Title -: Business Environment and Policy.
Course Code -: 112
Recommended Books
Global Economy and Business Environment Francis Cheranilan Himalaya publishing house Text &
Cases ( Edn 2001)
Business Environment Chllaaghan, Elliaon Edward Arnold
Economic Environment of Business SYBA k Misha, Puri Himalaya publishing house
Indian Business through ages F1CCI Oxford University Press
Business Environment Text & Cases by Francis CherubilamEnvironmental Pollution & Health by V. K.
Ahluwalia.
Page 30 of 38
M.Com. Part I Semester I
Business Administration Special Paper I.
Subject Title -: Production and Operations Management
Course Code -: 113
No. of Credit
Lectures 04
1. Introduction to Production & Operations Management 12 01
Meaning & Functions, Types of Production Systems Mass
Production/Flow line, Continuous, Intermittent, Batch production, Job
Lots etc, Service Systems, - Recent trends in production and service
system Plant layout – Objectives, basic principles, types, Safety
considerations and environmental aspects.
2. Product Design and Development 12 01
Product Design – Meaning – Responsibility, factors, determining the
design characteristics of good design, Production Department Stages of
Product Design, Factor responsible for product development, tools of
product development, product planning, standardization, simplification
and diversification. Techniques of Product Development.
3. Production Planning & Control
Production Planning and Control – Meaning, objectives, important 12 01
procedures, Production Planning, Routing, Scheduling, ERP integrated
system Dispatch, follow up, production control -meaning, objectives –
factors – factors affecting production control, problems and cases
4. Quality Management and Productivity
Meaning, measurement, techniques, factors affecting productivity 12 01
measures to boost productivity – ISO 9000 to ISO -4000 – role of NPC
Effects of liberalization & globalization on operations management
Problems of rationalization, automation, and computerization.
Preventive Maintenance, Inspection and Quality Control, Kizen five s’-
GMP (Good Manufacturing Practices) Quality Circles, TQM
48 04
List of Books Recommended: -
1. Production and operation Management – By B. S. Goel (Pragati
Prakashan)
2. Production and Operations Management – By S. N. Chary (Tata
Mcgraw Hill)
3. Modern Production and Operation Management –By Elword Buffa
4. Production Planning and Inventory Control –By Magee Budman
(Tata Mc Graw Hill)
5. ISO 9000 – A manual for TQM – By Suresh D. Saurabh (S. Chand
Publication)
6. Essentials of Business Administration By K. A. Shantappa
7. A Key of Production Management – By Kalyani Publication,
Lundhiyana
Page 31 of 38
M.Com. Part I Semester I
Business Administration Special Paper II.
Subject Title -: Financial management
Course Code -: 114
No of Lectures Credit 04
1. Introduction 12 01
Meaning & definition of Financial Management, Role of Finance
Manager, Goals of Financial Management, Financial systems (in
India) – Financial Assets, Financial Markets, Financial
Intermediaries, Regulatory infrastructure (RBI,SEBI), Trends in
Indian Financial System
2. Investment Decisions 12 01
Capital Expenditure Decisions, Capital budgeting-purpose,
process, types of capital investment decisions, capital budgeting
techniques, capital rationing, Investment Decision Methods –
Average Rate of Return (ARR), Pay Back, Internal Rate of
Return(IRR), Present Value Approach
12 01
3. Financial Statements and Financial Analysis
Financial Statements – Concept, their anatomy, Balance Sheet and
its utility, Income Statement and its utility, limitation of financial
statements. Financial Analysis –Types of analysis, utility,
Techniques of Financial Analysis _ Ratio Analysis & Fund Flow
Analysis 12 01
4. Management of Working Capital
Nature of working capital, understanding working capital
management- its significance –circular flow concept, Factors
affecting working capital requirements Financing of working
capital.Inventory management & Receivable management.
48 04
Page 32 of 38
M.Com. Part I Semester I
Advanced Banking & Finance Special Paper I.
Subject Title -: Legal Framework of Banking.
Course Code -: 115
Objectives:
1. To acquaint the students with legal framework in which the Indian banking is working today.
2. To make the students aware about the latest developments in the field of banking law.
3. To enable the students to understand modem banking practices.
4. To enable the students to establish a link between the legal provisions and the practical aspects
of banking.
Page 33 of 38
M.Com. Part I Semester I
Advanced Banking & Finance Special Paper II.
Subject Title -: Central Banking
Course Code -: 116
Objectives:
1. To study the functions of central bank
2. To understand monetary policy and its instruments
Page 34 of 38
M.Com. Part I Semester I
Advanced Marketing Special Paper I.
Subject Title -: Marketing Techniques
Course Code -: 117
Objectives :
To study and critically analyze the basic concepts & techniques of Marketing.
Page 35 of 38
6 People Process and Physical Evidence -- 08
People as a part of Marketing Mix, customer interaction, customer service
Process as part of the Marketing Mix,
Physical evidence/ Packaging
Total 48
Books Recommended
1. Philips Kotlers – Marketing Management
2. Marketing Management Cravens – Hills – Woodruff
3. Marketing – A Managerial Introduction – Gandhi
4. Marketing Info rmation System – Davis – Olsan
5. Consumer Behavior – Schiffman – Kanuk
6. Principles and Practice of Marketing – John Frain
Page 36 of 38
M.Com. Part I Semester I
Advanced Marketing Special Paper II.
Subject Title -: Consumer Behavior.
Course Code -: 118
Objective :
To impart knowledge regarding marketing management techniques and process; to develop
understanding of the marketing functions techniques and strategies
Page 37 of 38
Sources of Attitude Development
Structure Models of Attitudes
Strategies for Changing Attitudes and Intentions
TOTAL 48
Books Recommended
1. Consumer Behavior – Hawkins, Best, Coney – TMH, 9/e, 2004
2. Consumer Behaviour – Concepts Applications & Cases – M S Raju & Dominique Xardel
3. Consumer Behavior – Leon Schiffman, Leslie Lazar Kanuk – Pearson / PHI, 8/e
4. Consumer Behavior In Indian Perspective – Suja Nair – Himalaya Publishers
5. Customer Behavior – A Managerial Perspective – Sheth, Mittal – Thomson,
6. Cross cultural marketing – Robert Rugimbana and Sonny Nwankwo
7. Customer Relationship Management – Peeru Ahamed & Sagadevan – Vikas Publishing
8. Consumer Behaviour- Walker
9. Consumer behaviour- Louden, Delebeta
10. Consumer Behavior - J.Paul Peter
11. Consumer Behaviour – Concepts Applications & Cases – M S Raju & Dominique Xardel.
Page 38 of 38
UNIVERSITY OF PUNE
Master of Commerce (M.Com.) Semester Pattern with Credit System
Revised with effect from June 2013
From this point of view University of Pune has introduced Choice Base Credit
System of course structure. This system shall offer a flexible user friendly, opportunity to the
learner, will broader the horizon of Commerce education and will give a fair chance to every
single learner to exhibit his talent, acquired skills and enhance his personality. It will further
enhance his opportunity of global mobility, to acquire different knowledge inputs from different
global institutes.
1. Objectives :
a. To equip and train Post Graduate students to accept the challenges of Business
World by providing opportunities for study and analysis of advanced Commercial
and business methods and processes.
b. To develop independent logical thinking and facilitate personality development.
c. To equip the students for seeking suitable careers in management and
entrepreneurship.
d. To study by students methods of Data collection and their interpretations.
e. To develop among students Communication, Study and Analytical skills.
University of Pune, M.Com. [Semester II]
Page 1 of 38
2. Duration :
The M.Com. Course will be of Two Years duration consisting of Two part. i.e. Part I and
Part II. Each part is having Two Semesters. Thus the M.Com. Course is of Four
Semesters. For each Semester there will be Four Papers of 100 marks each. The M.Com.
Degree will be of 1600 marks in aggregate.
4. Eligibility :
The student who has passed any Bachelors degree of this University or any other
recognized University shall be held eligible to be admitted to M.Com. Course.
5. Course Structure:
The M.Com. degree course will be of two year duration consisting of four semesters and
of minimum 64 credits as below:
Four credits for project work at 4th Semester (This will include credits for fieldwork, data
presentation and report writing)
In each Semester, there will be four papers of 100 marks each out of which 50 marks will
be for Internal Assessment (attendance, home assignments, class tests, long term papers,
classroom presentation and 50 marks for University Examination. Thus M.Com. degree
examination, four Semesters shall be of 1600 marks and of minimum 64 credits
altogether. The following shall be the course structure.
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
Core 201 Financial Analysis and 04 04 03 50 50 100
Compulsory Control/ Principals of
Semester Financial Accounting
II
202 Industrial Economics/ 04 04 03 50 50 100
Economic
Environment/Business
Statistics/ Quantitative
application
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
Core 203 Specialized Areas in 04 04 03 50 50 100
Elective/ Accounting
Optional 204 Business Tax Assessment 04 04 03 50 50 100
Subjects/ & Planning
Special
Group B (Commercial Laws & Practices)
Subjects
205 E- Security & Cyber 04 04 03 50 50 100
Laws
206 Laws Regulating to 04 04 03 50 50 100
Copyrights & Design
Group C (Advanced Cost Accounting & Cost system)
207 Application Cost 04 04 03 50 50 100
Accounting
208 Cost Control & Cost 04 04 03 50 50 100
System
Group D (Co-operation & Rural Development)
209 International Co- 04 04 03 50 50 100
operative Movement
210 Management of Co- 04 04 03 50 50 100
operative Business
Group E (Business Practices & Environment)
211 Modern Business 04 04 03 50 50 100
Practices
212 Business Environment 04 04 03 50 50 100
Analysis
Group F (Business Administration)
213 Business Ethics and 04 04 03 50 50 100
Professional Values
214 Elements of Knowledge 04 04 03 50 50 100
Management
Group G (Advanced Banking & Finance)
215 Banking Law & Practices 04 04 03 50 50 100
216 Monetary Policy 04 04 03 50 50 100
Group H (Advanced Marketing)
217 Customer Relationship 04 04 03 50 50 100
Management & Retailing
218 Services Marketing 04 04 03 50 50 100
Semester Subject Course Title of the Paper Hrs/ Credit Exam. Maximum Marks
Types Code Week Hours
301 Business Finance/ 04 04 03 50 50 100
Core Financial System
Compulsory 302 Research 04 04 03 50 50 100
Methodology for
Business
To choose any one Group of the following
Group A (Advanced Accounting & Taxation)
303 Advanced Auditing 04 04 03 50 50 100
304 Specialized Auditing 04 04 03 50 50 100
Group B (Commercial Laws & Practices)
305 Laws Relating to 04 04 03 50 50 100
International Business
306 WTO – Norms & 04 04 03 50 50 100
Practices
Core Group C (Advanced Cost Accounting & Cost system)
Elective/ 307 Cost Audit 04 04 03 50 50 100
Optional 50 50
308 Management Audit 04 04 03 100
Subjects/
Special Group D (Co-operation & Rural Development)
Semester 309 Co-operative Credit 04 04 03 50 50 100
Subjects
III System
310 Co-operative Banking 04 04 03 50 50 100
System
Group E (Business Practices & Environment)
311 Entrepreneurial 04 04 03 50 50 100
Behaviour
312 Entrepreneurship 04 04 03 50 50 100
Group F (Business Administration)
313 Human Resource 04 04 03 50 50 100
Management
314 Organizational 04 04 03 50 50 100
Behaviour
Group G (Advanced Banking & Finance)
315 Foreign Exchange 04 04 03 50 50 100
316 International Finance 04 04 03 50 50 100
Group H (Advanced Marketing)
317 International 04 04 03 50 50 100
Marketing
318 Marketing Research 04 04 03 50 50 100
The examination of regular students of M.Com. degree course of the University of Pune
admitted in the academic session 2013-14 and after shall be based on:
For each paper of 100 marks, there will be an Internal Assessment (1A) of 50 marks and
the University Examination (UE) of 50 marks/ 3 hours duration at the end of each
semester. A candidate who will secure at least 40% marks allotted to each paper will be
given 4 credits. A candidate who does not pass the examination is any subject or subjects
in one semester will be permitted to appear in such failed subject or subjects along with
the papers of following semesters.
The Internal Assessment for each paper will be 50 marks which will be carried out by the
department during the term. The Internal Assessment may be in the forms of written test,
seminars, term papers, presentations, assignments, orals or any such others. The
distribution of internal assessment marks shall be as follows:
Midterm Test 20
Presentation/Role Play 10
Case studies/ Group Discussion 10
Quiz / Home Assignment 10
Total 50
There shall be four semester examinations: first semester examination at the middle of
the first academic year and the second semester examination at the end of the first
academic year. Similarly, the third and fourth semester examinations shall be held at the
middle and the end of the second academic year, respectively.
A student cannot register for the third semester, if she/he fails to complete 50% credits of
the total credits expected to be ordinarily completed within two semesters.
There will be a Research Project to be prepared by a student during the fourth semester.
The objective of the project work is to introduce students to research methodology in the
subject and prepare them for pursuing research in theoretical or experimental or
computational areas of the subject. The project work is to be undertaken under guidance
of a teacher allotted to a student by the department.
As the Research Project is based on the self study done by the candidate and evaluated
for 100 marks altogether, 04 credits will be awarded to a successful candidate in this
subject. The project may be evaluated by two examiners one internal and one external,
selected from the panel of PG examiners of the University. The Viva voce must be
conducted by the teachers selected out of the panel of PG examiners maintained by the
University.
The candidates have to submit the project 15 days before the commencement of the
fourth semester university examination. The project report shall be type-written and
submitted in duplicate. A candidate who fails to submit the project may resubmit the
same in the subsequent semester examination for evaluation. The project work activities
must be duly supported by documentary evidence to be endorsed by the Head or Guide.
9. Standard of passing:
A candidate shall be declared to have passed in the paper provided he/she has secured
minimum GP of 4.5 in the UNIVERSITY EXAMINATION and GRADE POINT
AVERAGE of 4.0 in aggregate of UNIVERSITY GRADE and INTERNAL
ASSESSMENT taken together.
Candidates who secured not less than 60% of aggregate marks (INTERNAL
ASSESSMENT +UNIVERSITY EXAMINATION ) in the whole examination shall be
declared to have passed the examination in the first class. All other successful candidates
shall be declared to have passed in second class. Candidates who obtain 70% of the
marks in the aggregate (INTERNAL ASSESSMENT +UNIVERSITY EXAMINATION
) shall be deemed to have passed the examination in first class with distinction.
A student who passess in all the courses will be declared to have passed the M.Com.
degree with the following honours.
Sixty (60) hours of teaching will lead to three credits (which mean four hours per week
teaching in one semester) and long term paper as well as presentation will carry one
credit. Each semester shall have 16 credits.
At the end of each semester, student will be given a transcript showing the performance
and result in each course. The transcript shows, for each course the title of the course,
credit values, grade in UNIVERSITY EXAMINATION , grade in INTERNAL
ASSESSMENT , grade point index, result as pass or fail. Also, the semester grade point
average (SGPA) and cumulative grade point average (CPGA) will be shown. Further the
equivalent percentage of marks corresponding to SGPG or CGPA to equivalent
percentage is given by:
17. A student (Regular / External) will be admitted to Revised M. Com. Course with effect
from June 2013. For the students who have completed the terms for the First Year as per
Old Course will be admitted to the Second Year as per Old Course M. Com. The
examination as per Old Course will be held simultaneously for three years from April /
May 2014.
------------o-----------
Objective -: The objective of the course is to enable students to acquire sound knowledge of
concepts, methods and techniques of management accounting and to make the students develop
competence with their usage in managerial decision making and control.
No. of Lectures
UNIT TOPIC
in hours
I LONG TERM INVESTMENT DECISIONS: 10
Capital budgeting - Meaning- Importance - Evaluation technique and methods
- Pay back, rate of Return, Discounted Pay Back Period- Discounted
Cash flow - Net present value - Internal Rate of Return, Modified Internal
Rate of Return- Profitability Index. Relationship between risk and returns.
II COST OF CAPITAL: 10
Meaning - Definition and assumptions - Explicit and implicit cost -
Measurement of specific cost - Cost of debt - Preference Shares - Equity
shares - Retained earnings - Weighted average cost of capital
VI STANDARD COSTING: 06
Concept, Advantages; Types of Standards-Variance analysis: Materials,
Labour, Overhead - Managerial uses of Variances
TOTAL - 48
***********************************************************************************
i. www.newagepublishers.com/samplechapter/000386.pdf
ii. www.indecon.com/
iii. Www.tudyingeconomics.ac.uk/industrial-economics
iv. http://en.wikipedia.org/wiki/Industrial_economics
v. http://encyclopedia2.thefreedictionary.com/Industrial+Economics
vi. http://studyingeconomics.ac.uk/industrial-economics/
vii. www.aiu.edu/publications/student/.../industrial%20economics.html
viii. www.investopedia.com/terms/i/industrial-organization.asp
Recommended Books :
1. Schaum’s outline series of Probability By Seymour Lipschutz
2. Probability and Statistics : R Walpole, S myers and K Ye
3. Fundamentals of Mathematical Statistics :S.C. Gupta and V.K. Kapoor
4. Fundamentals of Applied Statistics : S.C. Gupta
Objective -:
1. To develop competency of students to solve problems relating Special areas in accounting
including accounting for Services Sector.
2. To understanding of Financial Reporting Practices.
3. To familiarize the student with procedure of accounting for Taxation.
No. of Lectures
UNIT TOPIC
in hours
I ACCOUNTING FOR CONSTRUCTION CONTRACTS: 08
Introduction - Accounting Treatment - Percentage of Completion Method,
Completed Contract Method. Provision for foreseeable losses-Principles to
be followed while taking credit for profit on incomplete contracts,
valuation & disclosure of Work-in-progress, escalation clause, preparation
of contract accounts.AS7
TOTAL - 48
Notes:
1. Shukla and Grewal: Advanced Accounts. (S. Chand & Co. Ltd. New Delhi)
2. Jain and Narang: Advanced Accounts.(Kalyani Publishers, Ludhiana)
3. Sr. K. Paul: Accountancy, Volume-I and II.(New Central Book Agency, Kolkata)
4. R. K. Lele and Jawaharlal: Accounting Theory (Himalaya Publishers)
5. Dr. L. S. Porwal: Accounting Theory (Tata McGraw Hill).
6. Robert Anthony, D.F.Hawkins & K.A. Merchant: Accounting Text &
Cases (Tata McGrawHill).
7. Dr. S. N. Maheshwari: Corporate Accounting (Viakas Publishing House Pvt.
Ltd. New Delhi)
8. Dr.Ashok Sehgal & Dr .Deepak Sehgal: Advanced Accounting (Taxmann, New Delhi).
9. Guidance Notes issued by Institute of Chartered Accountants of India. on :
a. Accounting for State level Value Added Tax :
b. Accounting for Fringe Benefits Tax :
c. Accounting for Corporate Dividend Tax:
d. Accounting Treatment for Excise Duty:
10. Taxmann’s Journal on Service Tax : Volume 10.Part 7. (2007): Accounting
under Service Tax by Pravin Dhandharia
11. Relevant guidance notes issued by the ICAI.
***********************************************************************************
Objective -:
1. To provide understanding of Direct Taxes including Rules pertaining thereto and their
application to different business situations.
2. To understand principles underlying the Service Tax.
3. To understand basic concepts of VAT, Excise Duty and Customs Duty.
A] SERVICE TAX:
Service Tax: Applicability and Services covered - Valuation of taxable
services for service tax- Payment of Service Tax - Registration - Furnishing of
Return - Maintenance of Record - Other obligations (Theory and Problems)
B] VAT:
The Basic concept of VAT-how VAT operates-merits & demerits of VAT-a brief
overview of sate level VAT in India.
(VAT is not to be studied with reference to any particular State VAT Law.)
(Theory Only)
Notes:
1. Amendments made prior to commencement of Academic Year in the relevant act should be
considered.
2. Theory questions will carry 50% marks.
3. Problems will carry 50% marks
**********************************************************************************
Objective -:
1. To make the students aware of the cyber wrongs/crimes;
2. To impart knowledge of e-security and Internet Security amongst students
3. To make student familiar with various provisions of cyber Laws and I.T. Acts.
4. To get the students acquainted with the regulatory regime in computer field/e-business.
Unit No. Name of the Unit / Topic Periods
Introduction to Computer crimes.
Computer Crimes. Types of Computer crimes, Specific Threats, Attacks on Computer
Systems, Major types of Security Problems / Common threats,
Computer Frauds and abuse techniques. Characteristics and types of computer frauds.
1.
Preventing Computer Frauds and Ethical Considerations. 15
System Vulnerability and abuse – Internet Vulnerability.
Protecting Information systems from potential threats.
E-Commerce security issues. Risk Involved in E-Commerce. Protecting E-Commerce
System.
E-Security
Introduction to E-Security and Security Requirements.
Types of Intruders, attacking methods, Hackers and Crackers. Computer Viruses,
Spam, Denial of services. Security Policy, Secure E-Transactions. Types of
2. Information Systems Controls- General Controls – Physical Controls, Access Controls, 15
Biometric Controls, data Security Controls and Application Controls.
Security Tools and Methods- Password, Authentication, Access Control, Encryption,
Firewall, Antivirus Software, Digital Identity and digital Signature, Certificate
Certificates. Secure Socket Layer and Secure Electronic Transaction Protocols.
Cyber Laws --- Introduction to Cyber Laws—Meaning & scope of Cyber Laws, online
contracts, & requirements & legal aspects of e-contracts ( offer and acceptance in e-
form), Cyber Laws & legal issues ( cyber jurisprudence, & sovereignty, net neutrality,
freedom of speech in cyber space, governance)
Information Technology Act – 2002 Part-I
3. Digital Signature-definition ,meaning, functions, procedure, E- Governance ( Ss. 4 to 9 10
), E- Records ( Ss 11 to 16 ), Controller of Certifying Authority (powers, functions
u/s 17 to 20), Digital Signature Certificates --License to issue Digital Signature
Certificates, (suspension, revocation etc.--Ss.21 to 26), Duties of Certifying Authority (
Ss.30 to 34), Provisions relating to Digital Signature Certificates (Ss. 35 to 39), Duties
of subscriber( Ss.
Information Technology Act – 2002 Part-II
Penalties for Cyber Wrongs and Adjudication (Ss. 43 to 47) , Cyber Regulation
Appellate Tribunal ( Procedure and Powers(Ss.48 to 51, 57 to 64) Cyber
4. Crimes/Offences & punishment (u/s 65 to 79), offences by companies( S.85) 08
Amendments effected in IPC 1860,Indian Evidence Act,1872, Bankers Books
Evidence Act, 1891, Reserve Bank of India Act, 1934 pursuant to Ss. 91 to 94 of ITA,
2000.
Total 48
Books Recommended:
1. E-COMMERCE and ITS APPLICATIONS – Dr. U. S. Pandey, Rahul Srivastava and Saurabh
Shukla. S. Chand & Company, New Delhi
2. Management Information and Control Systems – Dr. Sushila Madan, TAXMANN’S.
3. Electronic Commerce from Vision to Fulfillment _ Elias M. Awad, Pearson Education.
4. Text book on Intellectual property rights – N.K. Acharya, Asia Law House.
5. Law of Information Technology (Cyber Law) – D. P. Mittal, TAXMANN’S
6. Guide to Cyber Laws – B y Rohnay D. Ryder[Wadhwa, Nagpur]
7. 6.. Cyber Laws – Justice Yatindra Singh, Universal Law Publishing Co.
8. Law of Information Technology—D.P. Mittal
9. Cyber Laws—Krishnakumar
10. 9 Encyclopedia of Cyber Laws—Sujeet Kumar
11. Handbook of Cyber Laws---Vakul Sharma
Objective -:
1. To understand the nature and scope of Intellectual Property laws
2. To get acquainted with various provisions of Intellectual property laws
3. To make the student familiar to Intellectual Property laws and their relevance in the changing
business environment.
Unit
Name of the Topic Periods
No.
The Copyright Act, 1957:-
Introduction and Evolution of the Law on Copy Right – Meaning, Scope and
1.(a) Characteristics of Copyright – Object of Copyright – Works in which Copyright 10
Subsists – Qualification for Copyright Subsistence – Author and Ownership of
Copyright and Rights of the Owner – International Copyright (Ss – 40-43)
Copyright (Procedure):-
Term of Copyright (Sections 22 to 29, 37(2), 38(2) – Assignment/ License of
1.(b) 06
Copyright (Sections 18 to 21, 30 To 32) – Registration of Copyright (Section 44 to
50-A along with rule 16 of chapter VI of Copyright Rules, 1958)
Copyright (Infringement and Regulatory Authorities):-
Infringement of Copyright - acts which Constitute Infringement, acts not
1.(c) 08
Constituting Infringement etc. (Section 51 to 53 A ) – Offence and Penalties,
Copyright Societies (Functions and Rights)
The Designs Act-2000: -
Industrial Designs: Introduction and Meaning – Registerability of a Design, who
2 can file an Application for Registration of a Design (Section 3 to 10) – Copyright in 08
Registered Designs (Sections 11 to 20) – Infringement (Piracy) of Copyright in
Design (Sec. 22) – Defenses which may be set up by the Defendant.
The Geographical Indications of Goods (Registration and Protection), Act,
1999: -
Geographical Indications: Introduction, Meaning and Content – Procedure for
3 Registrations – Duration, Renewal, Restoration (Section 11 to 18) – Rights 08
Conferred by Registration – Infringement and its Remedies (Section 20-24) –
Penalties for Infringement (Section 37 to 54) – Authorities: Registrar , Appellate
Board – Certificate of Validity – Powers of Central Government.
Protection of Plant Varieties and Farmers Rights Act-2001:-
Introduction Objective and Scope of the PPVFR Act, 2001 - Definitions [Plant,
Propagating Material, Seed, Germ Plasma, Plant Variety, New Plant Variety,
Farmer Etc.] Procedure of Registration, Who may apply? - What can be registered?
4 08
– What Cannot be Registered - Acceptances and Opposition of Application – Rights
and Privileges of Breeders and Researchers – Compulsory License – Period of
Validity of Registration – Surrender and Revocation of Certificate – Infringement of
Rights and its Remedies - Offences and Penalties – Authorities for Administration
Total Period 48
Objectives:
1. To provide knowledge on advanced cost accounting practices.
2. Relevant Cost Accounting Standard are to be studied.
Unit No. Name of the Topic Periods
1. Cost Book Keeping and Reconciliation between Cost and Cost financial 12
Accounts –
Book - keeping, Cost Ledgers, interlocking and integral Accounts.
Reconciliation of Cost and Financial Accounts, Reasons, needs, Methods.
2. Product Life Cycle Costing: 12.
Introduction, Product Life cycle,Phases and Characteristics of Product Life
Cycle, Stages of Product Life Cycle, Product Life Cycle Costing Features and
benefits of Product Life Cycle Costing.
3. Value Chain Analysis 12.
Introduction - Definition – Role of Management Accountant – Value Chain
Analysis – approach for assessing competitive advantages – value chain
analysis v/s conventional management accounting.
4. Productivity & Concept and Measurement 12.
i) Productivity
Meaning, Measurement of Material, Labour, Capital and Management
Productivity. Productivity V/s Efficiency. Capacity - Theoretical, Practical
and idle capacity, Capacity utilization and effect of same on cost.
ii) Concept and Measurement
Measures to improve productivity - Technical, Financial, Operational
Measures. Restructuring of activities - Business Process Re-engineering
elementary knowledge. Human aspect of productivity.
Total 48
Note: 50% Marks for Theory and 50% Marks for practical problems. Areas of Practical Problems :
1. Reconciliation of Cost and Financial Profit
2. Measurement of Productivity.
References:
1. Ravi Kishor: Advanced cost Accounting and cost systems, Taxman Allied services Pvt Ltd, New
Delhi.
2. N.K. Prasad: Principles and Practice of Cost Accounting, Syndicate Pvt Ltd, Calcutta.
3. Prof. Subhas: Practice in Advanced costing and Management, Nirali Prakashan, Pune.
4. Ravi Kishor: Students guide to Cost Accounting, Taxman’s allied services, New Delhi.
5. M. N Arora: Cost Accounting Principles and Practices, Vikas Publishing House, New Delhi.
6. S. N Maheshwari, Cost Accounting Theory and Problems, Mittal shree Mahvir Book Dept, New
Delhi.
7. Website: www.myicwai.com.
8. Advanced Cost Accounting and Cost Systems -: Ravi Kishor, P.V. Ratlam, M.L.Basu
Note: 50% Marks for Theory and 50% Marks for practical Problems.
Areas of Practical Problems:
1) Marginal Costing- Application oriented
2) Pricing Decisions
Level of knowledge will be advance and Practices
References:
1. Ravi Kishor: Advanced cost Accounting and cost systems, Taxman Allied services Pvt Ltd, New
Delhi.
2. N.K. Prasad: Principles and Practice of Cost Accounting, Syndicate Pvt Ltd, Calcutta.
3. Prof. Subhas: Practice in Advanced costing and Management, Nirali Prakashan, Pune.
4. Ravi Kishor: Students guide to Cost Accounting, Taxman’s allied services, New Delhi.
5. M. N Arora: Cost Accounting Principles and Practices, Vikas Publishing House, New Delhi.
6. S. N Maheshwari, Cost Accounting Theory and Problems, Mittal shree Mahvir Book Dept, New
Delhi.
7. Website: www.myicwai.com.
8. Advanced Cost Accounting and Cost Systems -: Ravi Kishor, P.V. Ratlam, M.L.Basu
Objectives:
1. To acquaint the students with the Co-operative Movement.
2. To develop the capability of students for knowing different types of Co-operatives.
Objectives:
1. To acquaint the students with the co-operative movement.
2. To develop the capability of students for knowing different types of Co-operatives.
3. To aware the role of state and central Govt. in development of co-operative sector.
4. To give basic knowledge about administration and management of Co-operatives.
4. Problems of Co-operatives: 12
a) Sugar Industry
b) Agricultural and Non-agriculture Credit Co-operative.
c) Dairy Co-operative
d) Co-operative Banking
TOTAL 48
Recommended Journals/Periodicals
1. Arth Vijnyan 2. The Economic Times 3. Economic and Political Weekly, ode: 203
Unit I Introduction 12 01
Nature , concept and definition of term Business Ethics , Profession and
Values, Indian Ethos, Ethics and Values – Work Ethos – Importance of
Human Values. Guidelines of Socio Ethical System at General Level.
Meaning of Social Ethics, Issues related to Socio Ethics Factors
affecting Social Ethics.
Unit- IV
Indian Approach to Business Ethics
Gandhian Approach in Management and Trusteeship 12 01
Gandhi’s Doctrine of Satya and Ahinsa , Concept , importance and
relevance of trusteeship Principle in Modern Business, Emergence of
new values in Indian Industries after economic reforms of 1991.
48 04
Books Recommended
Reference Books
1.Wg- Cdr – B.R.Chavala , Swastik Publishers .
2.Management by Values
3.S.K.Chakraborti , Oxford University Press
4.Foundations to Managerial Work – Contribution from Indian Thought
– S. K.Chakarborti , Himalaya Publications
5.A Study in Business Ethics
Rituparna Raj
6.Ethics in Management
S.A. Sherlekar , Himalaya Publication
7. Business Ethics and Corporate Governance S. K. Bhatia
Books Recommended
Sr.No. Author Title Publisher
01 Elias Award and Hassan Gazai Knowledge Management Pearson
2. Monetary management 10
Objectives of monetary policy: Price stability, Generation of employment, Exchange Rate
Stability, Balanced growth etc., conflict between objectives.
4. Development and promotional role of the Reserve Bank of India in Financial Inclusion and
its implications. 10
1. R.B.I. and rural credit: priority sector advance, regional rural banks, development of Farm
sector and non-farm sector.
2. R.B.I. and industrial finance: establishment of institutional, lending policy for Commercial
banks, coordination between term lending institutions, bridge loans, Rehabilitation of sick
industrial units.
3. R.B.I. and export credit: pre-shipment credit, post-shipment credit, measures to Promote
Exports.
TOTAL 48
Objective :
To impart knowledge regarding services marketing, process and tolls and develop understanding
of the services marketing functions techniques and strategies
Unit No. Name of Topic Periods
1 Introduction: Definition and character of Services. Origin of Services 08
Marketing. Types of Services./ Classification of Services. Difference
between goods and services . Reasons for growth of Service Sector
2 Understanding Customer Needs related to services, , The Purchase 08
Process for Services , The Service Offering , How Customers Evaluate
Service Performances
Understanding Customer Behaviour at Different Points in the Service
Experience ,Customer Expectations in Services
Customer Perceptions in Services
3 Product Mix and Services Marketing , Price Mix and Services 08
Marketing . Physical Distribution/ Place Mix and Services Marketing.
4 Physical Evidence and Services Marketing , People and Services 08
Marketing , Process and Services Marketing.
Use of Marketing by service firms, Problems and Strategies in Services
Marketing, The Financial and Economic Impact of Service
5 Organising for Service Leadership -- 08
Service Leadership , Inter functional Conflict ,
Ensuring that Service Encounters are Customer-Oriented
Listening to Customers through Research
6 CRM and Services 08
CRM practices in Indian Service Businesses:
Banking and Finance: recent customer service initiatives in the Banking
Industry, Customer involvement in Banking, Customer centric
communication in banks.
Hospitality Industry: Customer Centric initiatives by Hotels , Customer
Issues in hospitality industry,
Aviation Industry:
Customer Service initiatives by aviation sector
Total 48
Books Recommended
1. Services Marketing - Zeithaml & Bitner
2. Services Marketing: Integrating Customer Focus Across the Firm – Valarie A. Zeithaml
3. Services Marketing - Christopher Lovelock
4. Service Marketing - Rampal & Gupta
5. Essence of Services Marketing - Ardian Payne
6. Services Marketing - S.M.Jha
7. Services Marketing - Helen Woodruffe