Syllabus All

DATE OF BOARD OF STUDIES MEETING: 29.01.
2020
B.Com. (Hons.) I Semester (CBCS)

S. No. Course Title Course Code
1. Corporate Accounting CMB151

2. Management Concept CMB152
3. Fundamentals of Business Mathematics CMB153
4. Business Economics CMB154
Elective:
5. Principles of Marketing CMB155
5. Industrial Relations CMB156
B.Com. (Hons.) II Semester (CBCS)

1. Specialized Accounting CMB251

2. Business Mathematics CMB252
3. Auditing CMB253
4. Business Environment CMB254
Optional:
5. Advertising & Sales Management CMB255
5. Insurance Management CMB256
B.Com. (Hons.) III Semester (CBCS)

1. Business Statistics CMB351

2. Cost Accounting CMB352
3. Compute Application & E-Business CMB353
Elective:
4. Public Finance CMB354
4. Indirect Taxes CMB355
DATE OF BOARD OF STUDIES MEETING: 29.01.2020
B.Com. (Hons.) IV Semester (CBCS)

1. Management Accounting CMB451

2. International Business CMB452
3. Management of Banking & Insurance CMB453
4. Personality Development Programme CMB455
5. Indian Economy CMB458
Elective:
6. Marketing of Services CMB456
6. Labour Economics CMB457
B.Com. (Hons.) V Semester (CBCS)

1. Human Resource Management CMB552

2. Corporate Law and Regulatory Framework CMB553
3. Indian Financial System CMB554
4. Corporate Governance CMB555
5. Income Tax – I CMB556
Elective:
6. Human Resource & Inflation Accounting CMB591
6. Computerized Accounting CMB592
B.Com. (Hons.) VI Semester (CBCS)

1. Project-Cum-Presentation CMB651
2. Fundamentals of Investment CMB652
3. Corporate Social Responsibility CMB653
4. Customer Relationship Management CMB655
5. Entrepreneurship CMB656
6. Income Tax – II CMB657
DEPARTMENT OF COMMERCE
ALIGARH MUSLIM UNIVERSITY, ALIGARH
CORPORATE ACCOUNTING (CMB151)
B.Com (Hons.) I Semester (CBCS)
Credit – 04
Max. Marks -100
Sessional - 30 Marks
Examination - 70 Marks
Objective: This course is to provide knowledge of Corporate Accounting and its application in business.
Course outcomes
At the end of the course students are able to:
1. Demonstrate in-depth knowledge and understanding about the fundamental concepts, principles
and processes of corporate accounting and its application.
2. Recognize and appreciate the importance of accounting standards and its convergence with IFRS.
3. Have knowledge for preparation of Balance Sheet and Statement of Profit and Loss Account in
accordance of schedule VI of the Companies Act, 2013.
UNIT-I ACCOUNTING FOR SHARE CAPITAL & DEBENTURES: Issue, Forfeiture and Reissue of
Forfeited Shares- Concept & Process of Book Building, Issue of Rights and Bonus Shares,
Buy Back of Shares, Redemption of Preference Shares, Issue and Redemption of
Debentures.
UNIT-I VALUATION OF SHARES: Need for valuation of shares, Factors effecting valuation of
Shares, Method of Valuation – Net Assets Basis, Earning Capacity Method, Fair Value
Method etc.
Financial Accounting Standards: Concept, Benefits, Procedure for issuing Accounting
Standards in India. International Financial Reporting Standards (IFRS)- Need and
procedures, Convergence to IFRS.
UNIT-III PROFIT PRIOR TO INCORPORATION: Introduction, Methods of Computing Profit or

Loss to Incorporation, Basis of Apportionment, Pre-incorporation Profits or Losses,
Debtors and Creditors Suspense Accounts.
FINAL ACCOUNTS OF COMPANIES: Legal position regarding Final Accounts of
Companies, Preparation of Balance Sheet and Statement of Profit and Loss Account in
accordance of schedule VI of the Companies Act, 2013.
UNIT-IV AMALGAMATION OF COMPANIES: Meaning & Types of Amalgamation, Purchase

Consideration, Methods Of Accounting for Amalgamations as per Accounting Standard
14 (ICAI) excluding Inter-Company Holdings, Journal Entries to close the books of the
vendor companies, Journal Entries in the books of the purchasing companies.
INTERNAL RECONSTRUCTION: Concepts and Accounting treatment excluding scheme
of Reconstruction.
Suggested Readings
1. Monga, J.R. Fudamentals of Corporate Accounting. Mayur Paper Backs, New Delhi.
2. Shukla, M.C., T.S. Grewal, and S.C. Gupta. Advanced Accounts. Vol.-II. S. Chand & Co., New Delhi.
3. Maheshwari, S.N. and S. K. Maheshwari. Corporate Accounting. Vikas Publishing House, New Delhi.
4. Sehgal, Ashok and Deepak Sehgal. Corporate Accounting. Taxman Publication, New Delhi.
5. Naseem Ahmed, “ Corporate Accounting”, ANE Books Pvt. Ltd. New Delhi.
6. Gupta, Nirmal. Corporate Accounting. SahityaBhawan, Agra.
7. Jain, S.P. and K.L. Narang. Corporate Accounting. Kalyani Publishers, New Delhi.
8. Compendium of Statements & Standards of Accounting. The Institute of Chartered Accountants of India, New Delhi.
09. R.L. Gupta &Radhaswamy, Advanced Accountancy
10. Jain &Narang, Advanced Accounts
11. R.L. Gupta &Radhaswamy, Financial Statement Analysis
12. Arulanandam& Raman, Advanced Accountancy
13. Anthony, R.N. and Reece, J.S, Accounting Principles; Richard Irwin
14. Naseem Ahmad, Nawab Ali Khan and M.L. Gupta, Financial Accounting
15. S.M. Shukla and S.P. Gupta, Advanced Accounting
MANAGEMENT CONCEPT (CMB152)
B.Com (Hons.) I Semester(CBCS)
Credit – 04
Max. Marks -100
Objective: Imparting students a basic & state of the art understanding of Mgt. & Business Concepts &
practices with a view to prepare them to face the emerging challenges of managing resources, business
processes & managers successfully.
Course outcomes
1. Providing assistance in Managerial decision-making practices.
2. Explain the various motivational theories and leadership styles that are going to be helpful in
academics and industry.
3. Communicate the concept and process of effective control system and various control techniques.
UNIT - I MANAGEMENT THOUGHTS & DECISION MAKING: Development of

Management thoughts; Classical, Neo-classical, Systems, Contingency &
contemporary approaches to Management, Managerial roles (Mintzberg).
Decision making process, Techniques, Information Technology, Decision Support
System. Strategy formulation, Strategic Management. MBO, MBE, MBT, Bounded
rationality.
UNIT - II MOTIVATION & LEADERSHIP: Motivating & leading people at work, Motivation
– Concept & Theories; Maslow, Herzberg, McGregor’s Theory, McClelland’s
Theory, Financial & Non-Financial incentives.
Leadership – Concept, Styles, & Theories (Tannenbaum, Schmidt and Trait
theory of Leadership) Leadership continuum, Managerial Grid, Situational,
Transactional & Transformational leadership, Likert’s Systems Management.
UNIT - III MANAGERIAL CONTROL: Concept & Process, Effective Control System,
Traditional & Modern Techniques – Stakeholder Approaches (Balanced Score
Card), Controlling Techniques, Budget Controlling Devices, Budget Formulation,
Process Model.
UNIT - IV BEHAVIOURAL ASPECTS OF MANAGERIAL CONTROL: Concept, Nature &
Process of Planned Change, Resistance to Change, Approaches to overcome
resistance to change, Emerging horizons of Management in a changing
environment.
Books Recommended
1. Basu. Business Organisation and Management. Tata McGraw Hill, New Delhi.
2. Prasad, Lallan and S.S. Gulshan. Management Principles and Practices. S. Chand & Co. Ltd., New
Delhi.
3. N.K. Sahani, Management Concept and Organizational Behaviour, Kalyani Publisher, N. Delhi.
4. Chhabra, T.N. Principles and Practice of Management. DhanpatRai& Co., Delhi.
5. Singh, B.P. and T.N. Chhabra. Business Organisation and Management. DhanpatRai& Co., Delhi.
6. Jim, Barry, John Chandler, Heather Clark. Organisation and Management. Thomson Learning.
7. Allen L.A. Management and Organisation. McGraw Hill, New York.
8. Ansoff, H.J. Corporate Strategy. John Wiley, New York.
9. Burton Gene and Manab Thakur. Management Today Principles and Practice. Tata McGraw Hill,
New Delhi.
10. Ivancevich M., Organizational Behavour and Management, McGraw Hill.
FUNDAMENTALS OF BUSINESS MATHEMATICS (CMB153)
B.Com (Hons) I Semester(CBCS)
Credit – 04
Max. Marks -100
Course outcomes
1. Apply the principles of differentiation, marginal analysis and profit maximization in
business.
2. Explain the methods of integration and its application in business mathematics.
3. Exhibit knowledge about matrices and determinants.
Unit – I DIFFERENTIATION: Elementary Functions; Concepts of Limit and

Continuity; Differentiations; Chain rule; Differentiation of Implicit
Functions; Higher derivatives; Maxima and Minima and its
applications in Business Mathematics (Marginal Analysis, Profit
Maximizations etc.).
Unit – II INTEGRATION: Standard Forms; Methods of Integration – by

substitution, by parts, by partial fractions; Definite Integration;
Finding area in simple cases; Applications in Business Mathematics
(Consumers and Producers surplus etc.).
Unit – III MATRICES AND DETERMINANTS I: Algebra of Matrices; Properties

of Determinant and calculation upto Third Order; Adjoint of a Matrix;
Elementary Row and Column Operations.
Unit – IV MATRICES AND DETERMINANTS II: Inverse of a Matrix; Solution of

a system of Linear Equations (having unique solution and involving
not more than three variables) using Inversion Method and Cremer’s
Rule.
Suggested Readings
1. Allen R.G.D.: Basic Mathematics; Macmillan, New Delhi.
2. Khan, M. Shadab: Business Mathematics, Anmol Publication, New Delhi.
3. Dowling, E.T.: Mathematics for Economics; Schaum Series, McGraw Hill London.
3. Loomba, Paul: Linear Programming; Tata McGraw Hill, New Delhi.
4. Soni, K.S.: Business Mathematics,;Pitamber Publication House.
5. Holden: Mathematics for Business and Economics; Macmillan India, New Delhi.
BUSINESS ECONOMICS (CMB154)
B.Com. (Hons) I Semester (CBCS)
Credit – 04
Max. Marks -100
Objective: This course is meant to acquaint the students with the principles of Micro-Economic
Theory as are applicable in business.
Course outcomes
1. Learn the basic theories in economics in connection with business.
2. Demonstrate about various economic models and tools to run the business.
3. Describe mechanisms of multiplier and accelerator and skills to find the solution of
various economic problems.
UNIT- I MARKET STRUCTURE: Objectives of a Business Firm; Monopoly: Determination of
Equilibrium Price and Output under Monopoly, Multi-plant Monopoly, Price
Discrimination, Monopolistic Competition; Determination of Equilibrium Price
and Output, Selling Costs. Oligopoly; Kinked Demand Curve, Collusive Oligopoly.
UNIT - II FACTOR PRICING: Marginal Productivity Theory of Distribution, Determination
of Factor Pricing under Imperfect Competition.
Wages: Marginal Productivity Theory of Wages, Modern Theory of Wages.
Rent: Ricardian Theory of Rent, Modern Theory of Rent.
Interest: Classical Theory of Rate of Interest, Liquidity Preference Theory of
Rate of Interest.
Profit: Concepts and Theories of Profit: Dynamic Theory of Profit, Risk Theory,
Innovation Theory.
UNIT-III NATIONAL INCOME: Concept and Components of National Income;
Measurement of National Income, Problems in Measuring National Income,
Determination of National Income, Inflationary and Deflationary Gaps.
UNIT-IV MULTIPLIER: Concept and Limitations, Keynes’ Income and Investment
Multiplier, Leakages in Income stream and their effect on the multiplier.
ACCELERATOR: Concept and Working.
TRADE CYCLES: Meaning, Phases, Theories of Trade Cycles, Remedial Measures.
Suggested Readings
1. Dewett K.K.: Modern Economic Theory; S. Chand & Co. New Delhi.
2. Singh S.K.: Business Economics; SahityaBhawan, Publication, Agra.
3. Dwivedi D.N.: Essentials of Business Economics, Vikas Publication House Pvt. Ltd., New Delhi.
4. Dwivedi D.N.: Micro-Economic Theory, Vikas Publication House Pvt. Ltd., New Delhi.
5. Ahuja H.L.: Business Economics; S.Chand& Co., New Delhi.
6. Browning Edger K. and Browning Jacquenlence M: Microeconomic Theory and Applications; Kalyani Publications, New
Delhi.
7. Watson Donald S. and Getz Molcolm: Price Theory and Its Uses; Khosla Publishing House, New Delhi.
8. Koutsoyianni A.: Modem Microeconomics; Macmillan, New Delhi.
9. Richard G, Lipsey: An Introduction to Positive Economics; ELBS, Oxford.
10. Stigler G: The Theory of Price; Prentice Hall of India.
11. Nellis& Parker: The Essence of Business Economics; Prentice Hall, New Delhi.
12. Ferguson P.R., Rothschild R., and Ferguson G.J.: Business Economics; Macmillan, Hampshire.
13. John P, Gould, Jr. and Edward P. Lazear: Micro-economic Theory; All India Traveller, Delhi.
PRINCIPLES OF MARKETING (CMB155) (Elective)
Credit – 02
Max. Marks -100
Objective: The venture of this course outline is to disseminate the students with the
fundamental understanding of Marketing principles and concepts.
Course outcomes
1. Apply the principles of marketing in market segmentation, targeting and positioning
(STP).
2. Learn the marketing concepts.
3. Understand the sales management and its practices.
Unit I AN OVERVIEW OF MARKETING: Meaning, Functions and Role of

Marketing, Evolution of Marketing Concept; Marketing Mix: Meaning and
Elements.
MARKET SEGMENTATION, TARGETING, AND POSITIONING (STP
STRATEGIES): Basis of Segmentation and its benefits, Effective
Segmentation Criteria, Concept of Target Market and Product Positioning.
Unit II PRODUCT PLANNING AND DEVELOPMENT: Concept and New Product

Development Product classification. Product Mix decisions, Packing &
Labelling, Product Support Services. Branding decisions and theory of
Product life Cycle.
PRICING DECISIONS & STRATEGIES: Factors affecting Price
Determination and Pricing Mix Decisions, Strategies related to Pricing,
Pricing in a competitive market.
Unit III DISTRIBUTION DECISIONS: Functions, Types and Importance of

Distribution Channels, Physical Distribution/Logistic Decisions.
PROMOTION DECISIONS: Promotion Tools and their Characteristics,
Promotion Mix Decisions, Personal Selling and Advertising.
Unit IV DEVELOPMENT & ISSUES IN MARKETING: Rural Marketing, Social

Marketing, Online Marketing, Direct Marketing, Services Marketing, Green
Marketing, Relationship Marketing, Marketing Ethics.
Suggested Readings:
1. C.B. Gupta, Marketing Management, S. Chand& Co.
2. C.N. Sontakki, Marketing Management, Kalyani Publications, New Delhi.
3. J.C. Sinha, Principles of Marketing & salesmanship, R.Chand& Co. Delhi
4. Kotler & Gary, Principles of Marketing, prentice hall of India, New-Delhi
5. Philip Kotler, Marketing Management, Prentice Hall, NJ.
6. R.L. Varshney, Marketing Management, Sultan Chand & Sons, New-Delhi.
INDUSTRIAL RELATIONS (CMB156)
Credit – 02
Max. Marks -100
Objective: The objective of this course is to cover all relevant new dimensions that have
emerged in the field of Industrial relations in the current environment.
Course outcomes
1. Understand the Indian approaches to industrial relations.
2. Understand grievance handling procedures and redressal machinery in India.
3. Know the collective bargaining techniques and employ welfare schemes.
UNIT- I INTRODUCTION: Concept, Definitions and some basic facts about Indian
Relations, Objectives and Scope of Industrial relations, Approaches to Industrial
Relations.
TRADE UNIONISM: Meaning & Concept, Characteristics of trade union,
Functions of Trade Union, Problems of trade unions in India, Workers
empowerment – Concept, elements, importance and barriers; Discipline &
grievances.
UNIT- II DISCIPLINE & GRIEVANCE REDRESSAL: Discipline: Causes of indiscipline,

Maintenance of discipline and misconduct, Highlights of domestic enquiries;
Principle of Natural Justice; Labour Turnover; Absenteeism;
Grievance: Meaning of Grievance, Grievance redressal machinery in India,
Grievance Handling Procedure.
UNIT- III COLLECTIVE BARGAINING & WORKERS PARTICIPATION IN MANAGEMENT

Collective Bargaining: Meaning, Objectives and Importance of collective
bargaining, Workers participation in Management – Concept objectives,
Importance and forms.
Workers’ Participation in Management: Concept, Practices in India, Works
Committee, Joint Management Councils, Participative Management and co-
ownership, Productive Bargaining and Gain Sharing.
UNIT- IV SOCIAL SECURITY & EMPLOYEES’ WELFARE: Employees welfare – Meaning,

Significance and Type, Social Security – Concept, Scope and Social Security in
India.
INDUSTRIAL DISPUTES – Definition, Classification and causes of Industrial
Dispute, Settlement Methods – Negotiation, Conciliation, Mediation, Arbitration
and Adjudication.
References:
1. AM Sarma – Industrial Relations – Conceptual & Legal Framework – Himalaya Publication House, New
Delhi.
2. AL Ahuja – Industrial Relations – Kalyani Publishers, Ludhiana.
3. Reylonds L. – Labour Economics & Labour Relations – Prentice Hall Inc., New Jercy.
4. Yoder Dale – Personnel Management and Industrial Relations – Prentice Hall, New Delhi.
5. Myers Charles – Industrial Relations India, Asia Publishing House, Mumbai.
SPECIALISED ACCOUNTING (CMB251)
Credit – 04
Max. Marks -100
Objective: The purpose of this course is to disperse the understanding of emerging accounting
concepts and their applicability in business situations.
Course outcomes
1. Understand the Royalty Accounts and its various aspects.
2. Prepare various specialized accounts like Consignment and Investment.
3. Understand the purpose of Specialized Accounts.
Unit – I ROYALTY ACCOUNTS: Definition, Difference between Rent and Royalty. Types of
Royalties, Minimum Rent, Redeemable Minimum Rent, Accounting Records for
Mining Royalties, Treatment of Shortworkings, Accounting Records in the books of
Lessee, Strike and Lockout, Sub-lease, Payment of Nazarana.
Insolvency: Meaning of Insolvency, Insolvency Law, Procedure of Insolvency,
Realization of Property, Statement of Affairs, Details of Statement of Affairs,
Liabilities; List A, List B, List C, List D, Sole Trader and Preferential Creditors,
Assets; Insolvency of Sole Trader, Insolvency when assets are more than liabilities,
Omission of items from Record, Insolvency of Partnership.
Unit – II CONSIGNMENT ACCOUNTS: Recording in books of Consignor and Consignee,
Valuation of Closing Stock.
INVESTMENT ACCOUNTING: Cum-Interest, Ex-Interest, Cum-dividend, Ex-
dividend, Preparation of Investment Accounts (as per AS-13), Treatment of Bonus
Shares, Right Shares.
Unit – III BRANCH ACCOUNTING: Concept of Dependent & Independent Branches,
Accounting Treatment, Important Adjustment, Entries and Preparation of
consolidated P/L Account and Balance Sheet.
DEPARTMENTAL ACCOUNTS: Basis of allocation of common expenditure among
different departments, inter departmental transfers.
Unit – IV ACCOUNTS OF BANKING COMPANIES: Accounting records in the books of Banks,
Profit & Loss Account and Balance Sheet of Bank (revised formats), Explanation of
various heads of Balance Sheet.
HIRE PURCHASE AND INSTALMENT SYSTEM: Concept, Accounting treatment in
the books of Hire Purchaser and Vendor, Records under Instalment Payment
System.
Suggested Readings:
1. Jain, S.P &Narang, K.L. Corporate Accounting, Kalyani Publishers-New Delhi
2. Gupta, S.P. & Shukla, S.M., Corporate Accounting, SahityaBhawan Publications.
3. Ahmad,N. et.al., Financial Accounting
4. Gupta,S.P. & Shukla, S.M., Advanced Accounting, SahityaBhawan Publications.
5. Shukla, M.C., Advanced Accounts, S.Chand Publications-New Delhi
6. Singhal,A.K., Financial Accounting, Vayu Publication of India-New Delhi
7. Tulsian, P.C., Advanced Accounting. Tata McGraw Hill, New Delhi.
8. Rathore, S., International Accounting. Prentice Hall of India.
9. Maheshwari&Maheshwari., Financial Accounting. Vikas Publishing House, New Delhi.
BUSINESS MATHEMATICS (CMB252)
Credit – 04
Max. Marks -100
Course outcomes
1. Apply knowledge of Mathematics in business problem solving.
2. Understand Techniques, Skills and Tools of Business Mathematics.
3. Facilitate the understanding of Differential Equations and its application in business.
Unit – I MATHEMATICS OF FINANCE: Different types of Interests;

Compounding and Discounting of a sum using different types of
rates; Types of Annuities; Future and Present values of Annuities
using different type of Rates of Interest including the case of
Continuous Compounding; Valuation of Simple Loans and
Debentures; Sinking Funds.
Unit – II LINEAR PROGRAMMING: Formulation of LPP; Graphical method of

solution; Cases of unique, multiple optional solutions, unbounded
solution and redundant constraints.
Simplex method – solution to LPP using simplex method upto three
variables, including cases of mixed constraints.
Duality - Formulation of the dual; Prime-dual solutions (excluding
solution of dual problem when the primal problem involves mixed
constraints); Economics interpretation of the dual; Transportation
problem.
Unit – III DIFFERENTIAL EQUATIONS I: Ordinary differential equations of

first order and first degree; Solution of DE – by the method of
variable separation.
Unit – IV DIFFERENTIAL EQUATIONS II: Linear Differential Equations and

their solution; Homogeneous differential equations and their
solutions; Applications in business.
Suggested Readings
1. Allen R.G.D.: Basic Mathematics; Macmillan, New Delhi.
2. Khan, M. Shadab: Business Mathematics, Anmol Publication, New Delhi.
3. Dowling, E.T.: Mathematics for Economics; Schaum Series, McGraw Hill London.
3. Loomba, Paul: Linear Programming; Tata McGraw Hill, New Delhi.
4. Soni, K.S.: Business Mathematics,;Pitamber Publication House.
5. Holden: Mathematics for Business and Economics; Macmillan India, New Delhi.
AUDITING (CMB253)
Credit – 04
Max. Marks -100
Objective: This course aims at imparting knowledge about the principles and methods
of Auditing and their application
Course outcomes
1. Understand the various methods of Auditing the accounts.
2. Understand the role of an Auditor in an organization.
3. Have an in-depth knowledge about special areas of audit and their audit report.
UNIT – I FUNDAMENTALS OF AUDITING: Nature, Objective, Techniques and Auditing,

Importance of Auditing, Classification of Auditing, Limitations of Auditing,
Classes of Errors & Frauds Concept of Auditor’s Independence, Relationship of
Auditing with other Disciplines. Verification Programme- Selection Verification;
Audit in Depth test Checking, Routine Checking and Vouchers. Audit Procedure:
Vouching; Verification of Assets and Liabilities.
UNIT – II INTERNAL CONTROL AND INTERNAL CHECK: elements of internal control,
evaluation of internal control system, internal control check list, tests of control,
concept of internal audit.
AUDIT OF LIMITED COMPANIES: Company Auditors Qualifications,
Disqualifications Appointment Removal, Remuneration, Rights, Duties and
Liabilities; Audit of Share Capital, Share Transfer; Auditors Report-contents and
types Auditor’s certificate.
UNIT – III AUDIT SAMPLING: Types of sampling, Test Checking, Techniques of Test Check,
Sampling Risk, Audit Sampling and Sampling Methods, Compliance Tests and
Substantive Tests, Auditing in Depth. Analytical Review Procedure. Audit Report;
Disclosures, Auditor’s Reports and Certificates.
UNIT – IV SPECIAL AREAS OF AUDIT AND THEIR AUDIT REPORT: Internal Audit, Cost
Audit, Tax Audit, Audit of Banks, Audit of Public Sector Undertakings statutory
Corporations, Govt. Companies, and Audit of Non-profit Companies.
Suggested Books:
1. Auditing and Assurance Standards issued by the ICAI, New Delhi.
2. Principles of Audit and Internal Auditing by Dhruba Duta chowdhury, New Central Book Agency P. Ltd.
Kolkata-700009.
3. Principles and Practice of Auditing by R.G. Saxena, Himalaya Publishing House, Mumbai.
4. Ashraf Ali M., Principles & Practices, Regal Publications, New Delhi, 2013.
5. Ravinder Kumar &Virendar Sharma, Principles & Practice, PHI – Publication, 2011.
6. Kumar Arur&Rachana Sharma, Audtiting Theory Practice.
7. Sharma, T.R., uditing, SahityaBhawan, Agra, 2009.
8. Tandon B.N. & Others, A hand book of Practical Auditing, S. Chand & Co., New Delhi, 2010.
9. Basu, S.K., Auditing Principles & Techniques, Pearson Education, 2008.
10. Gupta, Kamal, Contemporary Auditing (5th edition), Tata Mcgraw Hill, 1999.
BUSINESS ENVIRONMENT (CMB254)
Credit – 04
Max. Marks -100
Objectives: This course aims at acquainting the students with the emerging environment of
business at the national and the international level in the light of the policies of liberalization and
globalization.
Course outcomes
1. Understand the internal and external environment of abusiness enterprise.
2. Understand the economic environment and government policies related to economy.
3. Take evidence-based decisions as per economic, social and political factors.
Unit – I THEORETICAL FRAMEWORK OF BUSINESS ENVIRONMENT: Concept,

significance and nature of business environment; environmental scanning,
elements of business environment – internal and external environment.
Unit – II ECONOMIC TRENDS (OVERVIEW): Income; Savings and investment; Trends

in selected macroeconomic indicators such as GDP, NNP, Inflation, Trade
Balance, components of balance of payments, Money; Finance; Prices.
Unit – III PROBLEMS OF GROWTH: Unemployment, Poverty, Regional imbalances,

Inflation, Parallel economy, Industrial sickness.
ROLE OF GOVERNMENT: Monetary and Fiscal policy, Industrial Policy,
Industrial Licensing, Privatization, Export-Import Policy, Regulation of
Foreign Investment.
Unit – IV INTERNATIONAL ENVIRONMENT: International trading environment
(overview), Trends in world trade and the problems of developing countries,
foreign trade and economic growth, International economic groupings: like
EU, OPEC, SAARC, ASEAN, and NAFTA. International economic institutions -
GATT, WTO, UNCTAD, World Bank, IMF.
Suggested Reading:
1. Sundaram& Black: The International Business Environment; Prentice Hall, New Delhi.
2. Agarwal A.N.: Indian Economy; Vikas Publishing House, Delhi.
3. Khan Farooq A: Business and Society; S. Chand,. Delhi.
4. Dutt R. and Sundharam K.P.M; Indian Economy; S.Chand, Delhi.
5. Hedge Ian: Environmental Economics; MacMillan, Hampshire.
6. DuttRuddar: Economic Reforms in India - A Critique; S.Chand, New Delhi.
7. Cherunilam Francis: Business Environment, Himalaya Publishing House, New Delhi.
8. Aswathappa K: Essentials of Business Environment, Himalaya Publishing House, New Delhi.
9. AhujaH.L:Economic Environment of Business, S. Chand & Company Ltd. New Delhi.
10. Bezborah P. & Singh Ranjit, Business Environment, Kalyani Publishers.
ADVERTISING AND SALES MANAGEMENT (CMB255) (Optional)
Credit – 04
Max. Marks -100
Objective: The course aims at enabling the students to develop an in-depth understanding of the
modern concepts and latest techniques of advertising and personal selling and sales force management
which constitute a fast-growing area of marketing.
Course outcomes
1. Interpret the concept of Advertising and its role in Business Growth.
2. Gain knowledge about various media tools used for Advertising.
3. Understand the functioning of Sales Force Management and its role in effective Sales Management.
Unit – I ADVERTISING: Concept, Nature, Scope, Objectives, Types, Social and Economic
Aspect of Advertising, Relationship with Product Life Cycle (PLC), Advertising as
a communication Process.
ADVERTISING CAMPAIGN: Types, Planning and Managing Advertising
campaign, Advertising strategies.
ADVERTISING BUDGET: Budget process, Administering the Budget.
Unit – II MEDIA: Types, Media Planning process, Media Selection and Multi-Medial
Strategies.
ADVERTISING LAYOUT: Components and its position, Evaluation of
Advertisements, Measuring advertising effectiveness.
ADVERTISING AGENCIES: Structure, Functions and Client Relationship, Laws
and ethics of advertising in India.
Unit – III SALES MANAGEMENT: Concept, Objectives, Selling process, Personal Selling
objectives, Determining Sales related marketing Policies.
PROMOTION DECISIONS: Communication Process; Promotion mix -advertising,
personal selling, sales promotion, publicity and public relations; Determining
advertising budget; Copy designing and testing; Media selection; Advertising
effectiveness; Sales promotion –tools and techniques.
Unit – IV SALES FORCE MANAGEMENT & SALES ORGANIZATION STRUCTURES:

Sales Force Management: Recruiting and selecting sales personnel, Training
sales force Motivating Sales Personnel, Compensating Sales Personnel, Managing
expenses of sales personnel, Staff meeting and Sales Contests.
Sales Organization Structures: Types of sales organization structure,
Relationship of sales department with other departments, Distributive network
relations, Organization challenges in Sales Team, Recent trends in Sales
Organization.
Suggested Readings:
1. Chunawalla, S.A., “Advertising, Sales and Promotion Management”, Himalaya Publishing House, Mumbai.
2. Mohan, Manendra., “Advertising Management”, Tata McGraw Hill, New Delhi.
3. Rathor, B.S., “Advertising Management, Himalaya Publishing House, New Delhi.
4. Aaker, David A., Rajeev Batra and John G. Mayers, Advertising Management, Prentice Hall of India, New
Delhi.
5. Belch, G.E. and Belch, M.A., “Advertising and Promotion”, Tata McGraw Hill, New Delhi.
6. Jones, J.P., “What’s in a brand”, Tata McGraw Hill, New Delhi.
INSURANCE MANAGEMENT (CMB256) (Optional)
Credit – 04
Max. Marks -100
Objective: The course aims at a familiarizing the participants with the concept of insurance
and its management, various insurance policies and their structure along with the legal
dimensions involved.
Course outcomes
1. Get knowledge about Insurance and its management.
2. Understand the scope and principles of Insurance Management.
3. Know about the various types of Insurance Policies like fire, marine and life insurance.
Unit – I INTRODUCTION AND SCOPE OF INSURANCE: Origin and Development,

Meaning, Characteristics, Function and Scope of Insurance.
FUNDAMENTAL PRINCIPLES OF INSURANCE: Socio–Economic
significance of Insurance, Risk and Hazards, Management of Risks.
FIRE INSURANCE: Meaning, Scope, Issue of Fire Insurance Policy, Types of
Plans, Conditions of Fire Insurance Policy.
Unit – II MARINE INSURANCE: Meaning, Scope, Procedure of Issuing policy, Types
of Marine Insurance Policy, Condition, Calculation of Premium, Marine
Losses and Settlement of Claims.
LIFE INSURANCE: Meaning, Need, Functions and Development of Life
Insurance in India Fundamental Principles, Kinds of Policies, Procedure
for taking a policy, Mortality table, Factors entering into calculation of
premium (problems).
Unit – III LEGAL FRAME WORK OF INSURANCE: Insurance and Law of Contracts,
Characteristics of an Insurance Contract, Interpretation of the Contract,
Doctrine of informal Warranties and beneficent interpretation.
Unit – IV MANAGEMENT AND ADMINISTRATION OF INSURANCE: Claims and
Loss Control, Underwriting and Pricing of Insurance, Retention and Re-
Insurance; Financial Structure, Reserves of Property and Liabilities of
Insurer, Earned Surplus and Profitability, Insurer’s Investment, Financial
Reporting.
Suggested Readings:
1. Dr. P.K. Gupta., “Insurance and Risk Management”, Himalaya Publishing House.
2. Tripathy, N.M. and Pai, P., “Insurance, Theory and Practice”, Prentice Hall.
3. Mishra, M.N., “Insurance Principles and Practice, Sultan Chand, New Delhi.
4. Khan, A., “Theory and Practice of Insurance”, Educational Book House.
5. D.C., Shrivastav., Indian Insurance Industry, Transition and Prospects, Shashank Srivastava
Publisher, New Centaury Publication.
6. Dorfman, M.S., “Introduction to Risk Management and Insurance”, Prentice Hall.
BUSINESS STATISTICS (CMB351)
Credit – 04
Max. Marks -100
Objective: This course enables the students to gain understanding of statistical

techniques as are applicable to business.
Course outcomes
1. Apply statistical techniques for business applications.
2. Have a strong foundation in the principles of statistics.
3. Understand the importance, uses and limitations of statistical methods.
UNIT - I MEASURES OF CENTRAL TENDENCY& DISPERSION: Concept of Central Tendency:
Mean, Median and Mode.
Dispersion: Range, Inter Quartile Range, Quartile Deviation, Mean Deviation and
Standard Deviation, Coefficient of variation, Lorenz Curve.
Skewness: Concept and its Measures.
UNIT - II ANALYSIS OF TIME SERIES AND FORECASTING:
Time Series: Meaning and importance, Causes of variation in time series data,
Components of a time series: Determination of trend - Moving averages method and
method of least squares (including linear, second degree, parabolic, and exponential
trend). Computation of Seasonal Indices: Simple average method, ratio-to-trend
method, ratio-to-moving average method.
Forecasting: Concept and Methods of Forecasting.
UNIT - III CORRELATION AND REGRESSION ANALYSIS:
Correlation: Meaning of Correlation, Simple, Multiple and Partial; Linear & Non-
linear, Correlation & Causation, Scatter diagram, Pearson’s co-efficient of
correlation, Calculation & Properties (proofs not required), Correlation, Standard
and Probable error, Rank Correlation.
Regression: Principle of Least Squares and Regression lines, Regression equations
and estimations, Properties of Regression Coefficients, Relationship between
Correlation and Regression Coefficients; Standard Error of Estimate.
UNIT - IV INDEX NUMBER: Meaning, Types and Uses; Methods of constructing Price and
Quantity indices (simple and aggregate); Tests of Adequacy; Chain-base index
numbers; Base shifting, Splicing, and deflating; Problems in constructing index
numbers.
THEORY OF PROBABILITY: Concept; The three approaches to defining probability;
Addition and multiplication laws of probability, Types of events, Conditional
probability; Baye’s Theorem; Mathematical Expectation, Concept of Combination
and Permutation.
Suggested Readings
1. Ahmad, M.M., ‘Probability and Probability Distributions’, AMU Press, Aligarh.
2. Hooda, R.P .: Statistics for Business and Economics; Macmillan, New Delhi.
3. Ya-lun Chou: Statistical Analysis with Business and Economic Applications, Holt; Rinehart & Winster, New
York.
4. lewin and Rubin: Statistics for Management; Prentice-Hall of India, New Delhi.
5. Hoel&Jessen: Basic Statistics for Business and Economics; John Wiley and Sons, New York.
6. Saur S. Ajay & Gaur S.S., Statistical Method for Practice & Research Response Books, New Delhi.
7. Patri D.N., Statistical Methods, Kalyani Publication, New Delhi, 2011.
8. Elthans D.N., Fundamental of Statistics
9. Shukla S.M. and Sahai S.P., Business Statistics, SahityaBhawan Publication, 2012.
10. Douglas, Statistical Techniques in Business of Economics Lind, Tata McGrew Hill, New Delhi, 2010.
COST ACCOUNTING (CMB352)
Credit – 04
Max. Marks -100
Objective: This course exposes the students to the basic concepts and the tools used in Fundamentals
of Cost Accounting.
Course outcomes
At the end of the course students are able to
1. Understand the basic concepts and methods of Cost Accounting and Decision Making.
2. Understand the calculation of material and labor control techniques.
3. Prepare the cost sheets and reconciliation statement.
Unit - I INTRODUCTION: Meaning of Cost, Costing and Cost Accountancy; Methods and Techniques,
Scope, Objectives, Advantages and Limitation of Cost Accounting; Cost Accounting vis-à-vis
Financial Accounting; Installation of Costing System; Classification of Costing Methods and
Techniques and their Merits & Demerits; Elements of Cost, Preparation of Cost Sheet.
RECONCILIATION OF COST & FINANCIAL ACCOUNT: Need for Reconciliation, Reasons for
Disagreement in Profit, Preparation of Reconciliation Statement.
Unit - II ELEMENTS OF COST: MATERIALS, LABOUR & EXPENSES

Materials: Importance and need for material control; Material purchase procedure; Stores
functions: receiving, inspecting, storing, issue of materials; materials costing – pricing of
receipts, pricing of issues; LIFO and FIFO methods, stores ledger, inventory control
techniques: EOQ, Level setting.
Labour: Labour cost, remuneration and incentive different methods of labour
remuneration, incentive schemes – (Halsey & Rowan). Labour turnover – causes and effects,
and its measurement, Meaning of idle time, overtime, work study, method study, method
study, Time and Motion Study.
Expenses: Direct and Indirect Expenses, Treatment of Interest on capital, depreciation, idle
facilities and research and development expenses.
Unit - III METHODS OF COSTING I

Job Costing: Meaning, Features, Objectives, Recording of Costs (Preparation of Job Cost
Sheet).
Batch Costing: Meaning, Difference between Job Costing and Batch Costing, Preparation of
Batch Cost Sheet and Calculation of Economic Batch Quantity.
Contract Costing: Meaning, Comparison between Job and Contract costing, Recording of
Costs of Contract, Recording of Value and Profits on Contracts- Certificate of Work Done,
Profit on Uncompleted Contract, Valuation of Work in Progress.
Unit - IV METHODS OF COSTING II

Process Costing: Meaning, Features, Advantages and Disadvantages, Cost procedure:
Preparation of Process Cost Account and other necessary Account; Wastage and its
Treatment: Normal Loss, Abnormal Loss, Abnormal Gain, Scrap & Defectives.
Service Costing: Meaning, Classification of Cost and Preparation of Operating Cost Sheet of
Transport Companies.
Suggested Books:
1. Sharma, R. K. & Gupta, S. K., Management Accounting Kalyani Publishers, Ludhiana.
2. Khan, M. Y. & Jain, P. K., Cost Accounting - Tata McGraw Hill Co.
3. Arora M.N., Cost Accounting-Principles and Practices; Vikas, New Delhi.
4. Jain S.P.&Narang K.L., Cost Accounting; Kalyani, New Delhi.
5. Khan M.Y.and Jain P.K., Management Accounting; Tata McGraw Hill, New Delhi.
6. Pillai, R.S.N., Management Accounting, S. Chand & Co. Ltd., New Delhi.
7. Gupta, S.P., Management Accounting, Kalyani Publication, New Delhi.
8. Gupta, K.L., Management Accounting, SahityaBhawan Publications, Agra.
9. Banarjee, B., Cost Accounting, Prentice Hall of India Pvt. Ltd., New Delhi.
COMPUTER APPLICATION AND E-BUSINESS (CMB353)
Credit – 04
Max. Marks -100
Objective: The objectives of this course are to develop the understanding regarding the
Information technology and E-Business along with enhancing the presentations and data
analysis skills of the students for business activities.
Course outcomes
1. Understand the fundamentals of information technology.
2. Use information technology in e-business.
3. Understand modern software programs and packages.
Unit - I: Meaning and Features of IT, Application and Impact of IT on Business, Computer
System, Types, Features and Limitations of Computers, Applications Areas of
Computers in Business, Concept of Hardware and Software, Types of software,
Introduction and Applications of Internet, Web Client and Web Server, Domain
Name System, WWW, Wired and Wireless Media, Network, Types (LAN, MAN,
WAN), Topologies and Protocols, WiFi and WiMax.
Unit - II: Data Hierarchy, Meaning and Structure of Database, Database Management
System (DBMS), Database Model. Data & Information, Information System and
Types, Need of Information System in Business. E-business; Meaning, Business
Models, Traditional Versus E-business, Features and Limitations of E-Business.
Unit - III: E-payment systems: Models and methods of e-payments (Debit card, Credit
Card, Smart card, e-money), Payment Gateways, Online Banking (Concept,
Importance, Automated Clearing House, Automated Ledger Posting), Risk
involved in e-Payments, Security Issues, Security Mechanism, Digital Signature
(Procedure and Legal Position).
Unit - IV: Introduction to Word Processing, Applications in Business, Basic Commands,
Document Formatting, Inserting and Formatting Tables/Objects, Equations,
Hyperlink, Macro, Mail, Merging, Power Point Presentation, Tools and Utility in
Business, Formatting Slides, Sound Effect and Animation. Introduction to Spread
Sheets, Basic Commands, Spread Sheet Formatting, Wrapping Text, Merging
Cells, Fill Handle, Summing of a Row or Column, Freezing Panes, Formulas,
Charting, Sorting and Filtering, Goal Seek, Scenario Manager.
Suggested Readings:
1. Sinha, Pradeep K. and Preeti Sinha. Foundation of Computing. BPB Publication.
2. Rajaraman,V. Introduction to Information Technology. PHI.
3. Leon A. and Leon M. Fundamentals of Information Technology. Leon, Vikas (4) Software manuals.
4. Basandra, Suresh K. Management Information System. Wheeler Publication, New Delhi-Allahabad.
5. Kumar, Muneesh. Business Information System. Vikas Publishing House.
6. Fizgerald& Dennis – Wiley. Business Data Communication and Networking.
7. Laudon, Kenneth C. and Jane P. Laudon (2003). Management Information Systems. PHI.
8. P. T. Joseph, E-commerce, A managerial perspective.
9. Dienes Sheila S. MS office, Professional for window 95, BPB Publication, Delhi.
10. TorbenLageFrandsen, Microsoft Office Word.
11. John Walkenbach, Excel 2007 Bible 1st Edition.
12. Conrad Carlberg, Excel for Accountants.
PUBLIC FINANCE (CMB354)
Credit – 04
Max. Marks -100
Objective: To prepare students to be informed consumers of public finance data, and thus,
equip students to engage constructively in the formulation, implementation, and evaluation of
public finance policies.
Course outcomes
1. Understand the public budget and budgeting techniques.
2. Understand the public revenue and public debts.
3. Acquire knowledge about Indian Public Finance System, Finance Commission and Finance
Control in India.
Unit - I: Meaning& Scope of Public Finance, Origin and Development of Public
Finance, Public goods vs. Private goods, Principle of Maximum Social
Advantage, Public Budget, Techniques of Budgeting (ZBB PBB), Deficit
Financing.
Unit - II: Public Expenditure: Meaning & Nature, Wagner’s views on increasing state
activities Wiseman-peacock hypothesis, Canons and classification of public
expenditure effects on production, distribution and economic stability.
Unit - III: Benefit approach, allocation of public goods, ability to pay approach,
excess burden of taxes, Sources and classification of public revenues,
incidences and shifting of taxes.
Public Revenue: Main sources of revenue, Tax revenue, Direct and Indirect
Taxes, Progressive, proportional & Regressive Taxes, Goods and Service
Tax (GST), the Division of tax burden, incidence of a tax, effects on
production & distribution.
Unit - IV: Public Debts: Role and classification of Public debts and methods of their
redemption, Fiscal Deficit, Fiscal Policy, relation between planning and
central budgeting.
Indian Public Finance: Financial Federalism under constitution, Financial
Adjustments in India, Finance Commission, review of Indian Tax System.
Budgetary Procedure and Financial Control in India.
Suggested Readings:
1. Richard A. and Peggy B. Musgrave, Public Finance in Theory and Practice, Fifth Edition (New York: McGraw
Hill, 1989).
2. Richard W. Tresch, Public Sector Economics (New York: Palgrave Macmillan, 2008).
3. Harvey S. Rosen and Ted Gayer, Public Finance, Eighth Eiftion 9New York: McGraw Hill/Irwin, 2007).
4. Jonathan Gruber, Public Finance and Public Policy, Second Edition (New York: Worth Publishers, 2007).
5. A.R. Pest, Public Finance in Developing Countries, Third Edition (New York: St. Martin’s Press, 1985).
6. Sanjeev Gupta, Benedict Clements, and Gabriela Inchauste, eds., Helping Countries Develop: The Role of
Fiscal Policy (Washington, D.C.: International Monetary Fund, 2004).
7. Ronald C. Fisher, State and Local Public Finance, Third Edition (South-Western College Pub, 2006)
8. Gruber, Jonathan, Public Finance and Public Policy, 3rd ed. Worth Publishers, 2009.
Aligarh Muslim University, Aligarh
INDIRECT TAXES (CMB355)
Credit – 04
Max. Marks -100
Objective: This course aims at imparting basic knowledge about major Indirect
Taxes.
Course outcomes
1. Impart knowledge about basic principles of Indirect Tax laws.
2. Understand the GST law, collection and administration of GST according to GST Act
2017.
3. Gain the knowledge about Custom Act and role of Custom Duty in International
Trade.
Unit - I GST law as contained in CGST Act 2017 and IGST Act
2017:Constitutional Aspects, Procedure under GST – Registration,
Tax Invoice, Credit & Debit Notes, Electronic way bill, Accounts and
record, Returns, Payment of tax including reverse charge, Refund, job
work.
Unit - II Levy and Collection of CGST and IGST, Place of Supply, Time and
Value of supply, Input tax credit, Computation of GST Liability.
Unit - III Administration of GST – Assessment & Audit, Inspection, Search,
Seizure and Arrest; Demand and Recovery; Offence and Penalties;
Advance Ruling; Appeals and Revision.
Unit - IV Customs Act, 1962: Brief history of Custom Duty; Important Terms
and Definitions under Customs Act; Types of Custom Duty;
Documents required for Import and Export procedure: Export
Promotion Scheme, Role of Custom Duty in International Trade;
Customs Authority and their powers; Computation of Assessable
Value and Customs Duty; Penalties, Offences and Prosecutions.
Suggested Readings:
1. Ahuja Girish& Gupta Ravi: Practical Approach to Income Tax, Wealth tax and Central Sales Tax;
Bharat Law House Pvt. Ltd., New Delhi.
2. Sareen, V.K. & Sharma Ajay: Indirect Taxes; Kalyani Publishers, New Delhi.
3. Datey, V.S.: Indirect Taxes, Law & Practice, Taxman Publications, New Delhi, 2012.
4. Malhotra, H.C. & Agarwal, V.P.: Indirect Taxes, SahityaBhawan, Agra, 2014.
5. Ashraf, M. Ali, Indirect Taxes, V.K. Global Publishers Pvt. Ltd., New Delhi, 2011-2012
MANAGEMENT ACCOUNTING (CMB451)
Credit – 04
Max. Marks -100
Objective: This course provides the students an understanding of the application of

accounting techniques for managerial decision making.
Course outcomes
1. Understand the theoretical concepts of Management Accounting.
2. Enable the students to gain knowledge in the application of accounting to
Management.
3. Infer knowledge about Budget and Budgetary Control System.
Unit-I INTRODUCTION: Concept, Meaning, Objectives, Nature Scope and Functions of

Management Accounting. Role of Management Accounting in Decision Making,
Management Accounting V/S Financial and Cost Accounting. Management
Accounting Process, Tools and Techniques of Management Accounting.
Unit-II MARGINAL COSTING: Concept of Marginal Costing, Advantages and Limitations
of Marginal Costing, Difference between Absorption and Marginal Costing. Cost-
Volume-Profit Analysis: Marginal Cost Equation, Contribution, Profit-Volume
Ratio, Break-Even Analysis, Margin of Safety.
STANDARD COSTING: Meaning of Standard Cost and Standard Costing,
Advantages, Limitations and Applications, Variance Analysis- Material, Labour,
Overheads and Sales Variances. Disposition of Variances, Control Ratios.
Unit-III BUDGET AND BUDGETARY CONTROL SYSTEM: Meaning and Objectives of
Budget, Budgetary Control: Essentials of Successful Budgetary Control, Merits,
and Limitations of Budgetary Control, Fixed and Flexible Budget. Zero Base
Budgeting, Programme and Performance Budgeting.
Unit-IV CONTEMPORARY ISSUES: Responsibility Accounting: Concept, Significance,
Different Responsibility Centres.
Divisional Performance Management: Financial and Non-Financial Measures.
Transfer Pricing.
Suggested Books:
1. Sharma, R. K. & Gupta, S. K., Management Accounting Kalyani Publishers, Ludhiana.
2. Yameen, M., Managerial Accounting & Financial Analysis, Tanishq Publication House, New
Delhi.
3. Sikidar, S &Gautam, H. C., Financial Statement Analysis,
4. Khan, M. Y. & Jain, P. K.,Management Accounting - Tata McGraw Hill Co.
5. Arora M.N., Cost Accounting-Principles and Practices; Vikas, New Delhi.
6. Jain S.P.&Narang K.L., Cost Accounting; Kalyani, New Delhi.
7. Khan M.Y.and Jain P.K., Management Accounting; Tata McGraw Hill, New Delhi.
8. Pillai, R.S.N., Management Accounting, S. Chand & Co. Ltd., New Delhi.
9. Gupta, S.P., Management Accounting, Kalyani Publication, New Delhi.
10. Gupta, K.L., Management Accounting, SahityaBhawan Publications, Agra.
INTERNATIONAL BUSINESS (CMB452)
Credit – 04
Max. Marks -100
Objectives: This course aims at acquainting the students with the emerging
environment of business at the national and the international level in the light of
the policies of liberalization and globalization.
Course outcomes
1. Familiarize with the nature of the International business environment.
2. Understand the International Trade Theories and its applications.
3. Gain knowledge about role of International Financial Institution in International
Business.
Unit – I THEORETICAL FRAMEWORK OF INTERNATIONAL BUSINESS: Meaning,

Nature and Importance. Types of International Business, International
Business Approaches: Classical, Neo-Classical Approach, Modern
Approach.
MULTINATIONAL CORPORATIONS: Meaning of Multinational Corporations, Role and
importance of Multinational corporations in international business, FDI
and MNCs, Home and Host Country issues.
Unit – II INTERNATIONAL BUSINESS ENVIRONMENT: Globalization- Forces,

Meaning, Dimensions and Stages in Globalization, Protectionism and
Trade Barriers.
FOREIGN EXCHANGE: Determination of Exchange Rate – Fixed, Flexible
and Managed. Foreign Exchange and Balance of Payments adjustment.
Unit – III THEORIES OF INTERNATIONAL TRADE: Absolute Advantage Theory,

Comparative Cost Advantage Theory, Factor Endowment Theory, Leontief
Paradox, New Trade Theory.
Unit – IV INTERNATIONAL BUSINESS DECISIONS & ORGANISATIONS: Modes of

Entry, Marketing Mix, Factors Affecting Decision for International
Business, Tariff and Non-tariff barriers- Trade Blocks. Role of
International Institutions (WTO, IMF, IBRD, IDA, IFC, UNCTAD) in
International Business.
Suggested Reading:
1. Sundaram& Black: The International Business Environment; Prentice Hall, New Delhi.
2. International Business - Governance Structure :Ramu S Shiva
3. International Finance : P. G. Apte
4. International Marketing Management :Varshney and Bhattacharya
5. International Business : Francis Cherulinam Himalaya Publishing House, Mumbai
6. InternationaBusiness : Rao and Rangachari
7. Economic Environment of Business : Mishra, Puri. Himalaya Publishing House, Mumbai
8. International Business : P. Subba Rao, Himalaya Publishing House, Mumbai
9. International Economics : M. L. Jhingan, Vrinda Publications, Delhi
MANAGEMENT OF BANKING & INSURANCE (CMB453)
Credit – 04
Max. Marks -100
Course outcomes
1. Provide an understanding of banking law and practices.
2. Know the banker and customer relationships.
3. Educate the students on practical application of the banking services.
Unit – I Indian Banking System, Evaluation of Indian Banking, Types of Banks,

Nationalization of Banks, Indian Banking before reforms and after
reforms, Commercial Banks, Private Foreign Banks, RBI, Banking
Regulation Act 1949, Rural Banking, Regional Rural Banks, and
Cooperative Banks.
Unit – II Definition of Insurance, Nature of Insurance, Evaluation of Insurance,

Classification and Role of Insurance Policies, Insurance Contract, LIC Act
1956, GIC Act 1972, IRDA 1999, Prospects of Insurance, Privatization of
Insurance, Insurance Procedure in India, Banc. Assurance.
Unit – III Internet Banking and its benefits, Home Banking, Mobile Banking, Virtual
Banking, Electronic Clearing System (ECS), E-payments, Plastic Money,
Electronic Fund Transfer (EFT), E-money: Electronic Purse, Digital Cash,
Safeguards for Internet Banking, Critical comparison of traditional
banking methods and e-banking.
Unit -IV Lending: Principles of sound lending, Secured vs. unsecured advances,
Types of advances, Advances against various securities. Internet Banking:
Meaning, Benefits, E-payments.
Cheques and Paying Banker: Crossing and Endorsement: meaning,
definition, types and rules of crossing. Collecting Bankers: duties, statutory
protection for holder in due course, concept of negligence .
Suggested Readings:
1. Bhasin, Niti. Indian Financial System: Evolution and Present Structure, New Century Publications.
2. Agarwal, O.P. Banking and Insurance. Himalya Publication House.
3. Suneja, H.R. Practical and Law of Banking. Himalaya Publishing House.
INDIAN ECONOMY (CMB458)
Credit – 04
Max. Marks -100
Objective: This subject aims at giving students a reasonable introduction to Indian
economy.
Course outcomes
1. Expose the students to different sectors and issues of the Indian Economy.
2. Understand the nature and structure of Indian Economy.
3. Know about the various contributing sectors of the Indian economy.
Unit-I Basic issues in Economic Development: Concept and Measures of

Development and Underdevelopment, Human Development.
Indian Economy at Independence: Composition of National Income and
Occupational Structure, The Agrarian scene and Industrial Structure.
Unit-II Structure of Indian Economy: Basic features of Indian economy, Broad

demographic features of India, Trend in National Income and Per capita
Income, Sectoral composition of output and employment. Five Year Plans:
An overview,
NITI Aayog - Structure, objectives and working, Regional disparities,
Poverty and Inflation: meaning, extent, causes and remedial measures.
Unit-III Agriculture: Trends in agricultural production and productivity, Factors

determining productivity, Institutional and technological reforms, Capital
formation, Agricultural price policy, Food security and Public Distribution
System.
Rural Sector and Industry: Rural credit and role of NABARD, Rural
employment schemes, Industrial growth during plans, Industrial policy of
1948, 1956 and 1991, Micro Small and Medium enterprises: problems and
prospects.
Unit-IV Foreign Trade: Trends, composition and direction, Causes and effects of
persistent deficit in the Balance Of Payments, Trade reforms in India,
Convertibility of Rupee, Features of New Trade Policy.
Public Finance: India’s tax system, Ratio of Direct And Indirect Taxes,
Goods and Services Tax (GST), Public expenditure in India-Classification
and Trends, Public Debt in India: Classification, Trends and Management.
Suggestive readings:
1. Agarwal A.N, India Economy, Wishwa Prakashan, 2012
2. Bansil P.C. Agricultural Problems of India, Vikas Publishing House Pvt. Ltd.
3. Bhalla, G.S, Indian Agriculture since Independence (2008), NBT. New Delhi
4. Dutt and Mahajan, India Economy, S. Chand & Company Ltd., 68th Edition
PERSONALITY DEVELOPMENT PROGRAMME (CMB455)
Credit – 04
Max. Marks -100
Objective: To groom the students  To impart oral and written communication skills that
contribute towards organizational effectiveness  To acquaint with the etiquettes of business
communication
Course outcomes
1. Help in grooming Personality and Stress Management.
2. Equip with Communication Skills and Business Writing.
3. Develop excellent Presentation and Public Speaking Skills.
Unit - I PERSONALITY DEVELOPMENT: Personality- Definition and Concept,

Personality v/s character, Personality v/s individuality, Role of heredity
and learning, Elements of personality patterns, Personality syndromes,
Personality determinants: physical, intellectual, emotional, social, gender
educational and family.
Unit - II PERSONALITY GROOMING: Formal and informal clothing, Office
etiquettes, Social etiquettes, Business etiquettes, Confidence-building,
Emotional intelligence, Time management, Effective Personality,
Overcoming hesitations. Stress Management: Causes, Impact and
Managing Stress.
Unit - III COMMUNICATION SKILLS & BUSINESS WRITING:
Skills: Listening, Communication Barriers, Overcoming Communication
Barriers.
Business Writing: Designing resume, letter/email of invitation, Notice-
board communication, Report-writing, Press note, Covering letters,
Handling interviews.
Unit - IV PRESENTATIONS & PUBLIC SPEAKING: Designing and delivering

presentations, Team Presentations. Group discussions, Public speaking:
Debate, Speech, Extempore, Body language and gestures, Creative
Thinking, Seminar, Symposiums.
Suggested Readings:
1. Kaul, Asha (2005)(, Effective Business Communication, PHI, New Delhi.
2. Munter, Mary (2002), Guide to Managerial Communication: Effective Writing & Speaking, PHI, New Delhi.
3. Mandal S.K. (2007), Effective Communication and Public Speaking, Jaico, Mumbai.
4. Ravi Aggarwal (2008): Communication Today & Tomorrow, Sublime Publications, Jaipur.
5. Atkinson and Hilgard’s, Introduction to Psychology, 14th Edition Edward E. Smith, Susan Nolen-Hoeksema,
Barbara Fredrickson, Geoffrey Loftus
6. Bernard M. Bass and Irwin A. Berg (1959). Objective Approaches to Personality Assessment, Princeton, New
Jersey.
MARKETING OF SERVICES (CMB456) (Elective)
Credit – 04
Max. Marks -100
Objective: This objective of this course is to develop insights into emerging trends in the
service sector in a developing economy and tackle issues involved in the management of
services.
Course outcomes
1. Understand the concepts about Service Marketing.
2. Gain the knowledge of intricacies of Service Marketing.
3. Understand Service Marketing Mix and its application in Business Growth.
UNIT - I Introduction: Concept, Difference between Product and Services

Marketing, Characteristics of Services Classification of Services, Paradigms
in Services Marketing.
Importance of Customer Relationship Management: Specific for
Service Industry.
UNIT - II Service Marketing System: Service Quality, Understanding Customer
Expectations and Zone of Tolerance, Segmentation and Zone of Tolerance,
Targeting and Positioning of Services, Importance of Service Marketing
System.
UNIT - III Services Marketing Mix: Augmented Marketing Mix, Developing the
Service Product/ Intangible Product, Service Product Planning, Service
Pricing Strategy, Services Promotions, Services Distributions.
Physical Evidence: Role of Communication in Service Marketing, People
and Internal Communication, Process of Operations and Delivery of
Services, Role of Technology in Services Marketing.
UNIT - IV Marketing of Financial Services: Deciding the Service Quality,
Understanding the Customer Expectations, Segmenting, Targeting and
Positioning of Financial Services, Devising Financial Services,
Marketing Mix Strategies with Special Reference to Credit Cards, Home
Loans, Insurance and Banking, Marketing of Telecom/Insurance Services.
Suggested Readings
1. Philip Kotler, Marketing Management, Analysis, Planning, Implementation and Control, Prentice Hall of India.
2. Verma, H.V., Marketing of Services, New Delhi, Global Business Press, 1993.
3. Varshney and Gupta, Marketing Management, Sultan Publications.
4. Varma, M.M. and Agarwal, R.K., Marketing Management, Forward Publishing Company.
5. Aradhani, Marketing of Financial Services, Himalaya Publications.
6. Lovelock, Christopher, H., Services Marketing, Englewood Cliffs, New Jersey, Prentice Hall, Inc. 1993.
7. Newton, M.P. Payne, The Essence of Services Marketing, New Delhi, Prentice Hall of India, 1996.
LABOUR ECONOMICS (CMB457) (Elective)
Credit – 04
Max. Marks -100
Objective: Labour Economics helps the students of Economics to understand the nature of
Labour Market, Issues related to employment, wage determination, Industrial relations and
the role of the state.
Course outcomes
1. Understand the Labor Economics and Indian Labor market.
2. Elaborate the employment and wage determination practices of Indian Labor market.
3. Gain knowledge about Industrial Relations and International Labor Organization.
UNIT - I Labour Economics: Meaning, Concepts, Importance of labour, Nature, Scope
&Importance of Labour Economics.
Labour Markets: Nature & Features of Labour Markets, Labour market policies,
Mobility of labour, Labour Marketing reforms.
Major issues of Indian labour market: Labour Absenteeism, Labour turnover,
Labour Productivity, Labour Migration and mobility.
UNIT - II Employment & Wage Determination:
Employment: Importance of employment in the context of poverty in
developing countries; Concept and measurement of unemployment Causes-
Issues relating to employment, rationalization, technological, change and
modernization.
Wage Determination: Classical, Neo classical and bargaining theories of wage
determination, Concepts of minimum wages, Living wage and fair wage in theory
and practice, Wage determination in various sectors, Rural, Urban, Organised
and unorganized policy.
UNIT - III Industrial Relations: Concept, Scope, Components and Importance, Factors
affecting Industrial Relations; Industrial disputes: causes & other settlement,
Preventive Mechanism.
UNIT - IV State and Social Security of Labour: Concept of Social Security
and its evolution; Special problems of labour: Child Labour, Female Labour.
Establishment of International Labour Organisation (ILO): Aims and
Objectives of ILO, Impact of ILO on India
Suggested Readings
1. Datt, G (1996), Bargaining Power, Wages and Employment: An Analysis of Agricultural, Labour; Markets in
India; Sage Publications, New Delhi.
2. Hajela, P.D. (1998), Labour Restructuring in India: A Cretique of the New Economic Policies, Common Wealth
Publishers, New Delhi.
3. Lester, R.A. (1964), Economics of Labour (2nd Edition), Miacmillan, New Delhi.
4. McConnell, C.R. and C.R. and S.L. Brue (1986), Contemporary Labour Economics, McGraw-Hill, New York.
5. VenkataRatnam, C.S. (2001), Globalization and Labour-Management Relations: Dynamics of Changes, Sage
Publications/Response Books, New Delhi.
6. Papola, T.S.P.P. Ghosh and A.N. Sharma (Eds) (1993), Labour, Employment and Industrial Relations in India,
B.R. Publishing Corporation, New Delhi.
7. P. Subbarao, (2005) Essentials of Human Resource Management & Industrial Relations, Himalaya Publishing,
New Delhi.
HUMAN RESOURCE MANAGEMENT (CMB552)
Credit – 04
Max. Marks -100
Objective: HRM has emerged as a distinct discipline. The objective of this course is to provide
systematised knowledge of policies and practices of Human Resource Management.
Course outcomes
1. Understand the concept of Managing Human Resources and work.
2. Identify effective Human Resources practices.
3. Impart knowledge about emerging horizonsof Human Resource Management.
UNIT-I Human Resource Management: Concept, Definition, Characteristics,
Objectives and Importance of HRM, Functions of HRM – Managerial,
Operative Scope of HRM, Human Resource Development – Concept
Objectives and significance, Difference between HRM and HRD, Human
Resource Policies and Planning – Concept, nature, Objectives and
Importance, Levels of Human Resource Planning.
UNIT-II Recruitment & Selection: Meaning, Process, Sources and Techniques of
Recruitment Selection; Meaning & Steps in Selection Process Induction
and Training; Concept, Objectives, Importance and Types of Training,
Career Planning.
UNIT-III Performance Appraisal & Compensation: Concept, Objectives and
Importance of Performance Appraisal, Methods & Technique of
Performance Appraisal, Job evaluation, Principles and Objectives of Wage
& Salary administration – Incentives and Fringe Benefits.
UNIT-IV Maintenance of Employees and Emerging Horizons of HRM: Employee
health and safety; Employee Welfare, Social Security (excluding legal
provisions); Employer-Employee relations- an overview, grievance
handling and redressal, Industrial disputes: Causes and settlement
machinery. E-HRM; Human Resource Information System and e-HRM,
Impact of HRM Practices on organisational performance; HR Audit;
Contemporary issues in Human Resource Management.
Suggested Readings
1. Dr. C.B. Gupta – Human Resource Management, Sultan Chand & Sons, New Delhi.
2. Rosy & Joshi – Human Resource Management – Kalyani Publisher, Ludhiana.
3. Beumont P.B. - Human Resource Management – Key Concepts & Skills – Eage Publication, New
Delhi.
4. John &Kussells – Human Resource Management – Macmillan, New York.
5. Dr. P.K.S. Menon – Human Resource Management and Organization Behaviour – Himalaya
Publishing House, New Delhi.
CORPORATE LAW & REGULATORY FRAMEWORK (CMB553)
Credit – 04
Max. Marks -100
Course outcomes
1. Understand the concept of corporate law.
2. Understand the procedure of application of the corporate law in various
transactions.
3. Impart knowledge about Negotiable Instrument Act 1881
UNIT-I Indian Contract Act, 1872: Contract, meaning, types of contract,

Essentials of a Valid contract. Discharge of contract, Remedies, damages,
special contract; Indemnity and Guarantee, Bailment and Pledge, Agency.
UNIT-II The Companies Act, 2013: Definitions, characterises, Types – Formation
of a company, Incorporation and commencement of Business –
Prospectus, Memorandum of Association and Article of Association, Share
capital and Membership, Meetings and Resolution, Corporate Social
Responsibility.
Company Management, Secretary, directors, Winding up, National
Company Law Tribunal and Appellate Tribunal.
UNIT-III The Sale of Goods Act, 1930: Formation of Contracts of Sales, Goods and
their classification, Price, Conditions and warranties, Transfer of Property
in goods, Performance of the contract of sales, Unpaid seller and his rights,
Sales by Auction. The Information Technology Act, 2000, Important
definitions and Provisions, Punishment. The Competition Act 2002,
Important definitions and courts, Punishment.
UNIT-IV The Negotiable Instruments Act, 1881: Definitions of Negotiable
Instruments, features of Negotiable Instruments, Promissory Note, Bill of
Exchange, Cheque, crossing of cheque, Types of crossing, Holder and
Holder in due course, Dishonour and discharge of Negotiable Instruments.
The Consumer Protection Act, 2019, Salient features Definition of
consumer, Grievance redressal machinery.
The Foreign Exchange Management Act, 1999, Definitions and Main
Provisions.
Suggested Readings
1. Bare Acts of All Laws
2. Dr. P.K. Bangia, Mercantile Law.
3. Dr. P.C. Tulsian, Business and Corporate Law
4. Singh Avtar, The Principle of Mercantile Law
5. Singh Avtar, The Company Law
6. Kuchal M.C. Business Law
7. Kapoor N.D., Business Law
8. Chandha P.R., Business Law
9. Business Regulatory Framework by Saini
10. Business Regulatory Framework by G.K. Varshney
11. Business Regulatory Framework and Corporate Law by K.G. Garg and Sareen V.K.
INDIAN FINANCIAL SYSTEM (CMB554)
Credit – 04
Max. Marks -100
Course outcomes
1. Acquire knowledge about Indian banking and financial Institutions.
2. Know about money, inflation and its impact on economy.
3. Understand various investment options for short term and long term.
UNIT-I Money,-its Functions, Meaning, High Powered money – its meaning

and uses, Finance – role of Finance in an economy, Kinds of finance,
Financial system, Financial intermediaries, Market and its
instrument & their functions. Inflation – impact of inflation and
inflationary situation in economy.
UNIT-II Indian Banking System – Definition of Banks Commercial Banks –

its importance and functions structure of commercial banks,
Regional Rural Banks, Cooperative banking in India, Credit Creation
process, Determination of money supply and total bank credit. RBI –
its functions, features, instruments of monetary control.
UNIT-III Developmental Banks and other Banking Financial Institutions,

Main features, Unregulated credit market in India-main features.
Problem between the government and the commercial sector. Inter
Sectoral & inter regional problems. Problems between Large and
Small borrowers.
UNIT-IV Regulators of Financial System: Regulations in Financial System,

Role and need of Regulations in Financial System-RBI, SEBI, IRDA,
RBI’s New Monetary Policy Committee, Recent Developments in
Indian Financial System.
Financial Markets: Functions and Organisations, Primary Market:
Activities, Intermediaries and Functions.
Suggested Readings:
1. The Economics of Money and Banking by Chandler I.V. and Goldfield S.M.
2. Monetary Planning of India by Gupta S.B.
3. Indian Financial System – Theory &Pracatice by Khan M.Y.
4. Money and Finance in World Economic Order by Panchmukhi V.R., Raipuria K.M.
and Tondon R.
CORPORATE GOVERNANCE (CMB55)

Credit – 04
Max. Marks -100
Objective: The aim of this course is to impart knowledge of corporate

governance among the students.
Course outcomes
1. Know about the Corporate Governance provisions in various parts of the world.
2. Understand the business ethics practices in India.
3. Understand the Corporate Social Responsibility provisions.
UNIT - I Introduction: Concept, Definition, Significance of Corporate

Governance, Issues in Corporate Governance, Principal of Corporate
Governance, Models of Corporate Governance - Indo American,
German, Japanese, Theoretical basis of Corporate Governance.
UNIT - II Corporate Governance in India: Evolution of Corporate
Governance in India, various Committees on Corporate Governance,
Regulatory Framework of Corporate Governance in India, Role of
SEBI, Corporate Governance Provisions in Companies Act 2013,
Future of Corporate Governance in India.
UNIT - III Business Ethics – Meaning, Origin & Nature, Objectives and
Importance of Business Ethics, Ethics in Functional Areas – Finance,
Marketing HR.
UNIT - IV Corporate Social Responsibility: Corporate Philanthropy, Meaning

of CSR, CSR and Corporate Sustainability, CSR and Business Ethics,
CSR and Corporate Governance, Environmental Aspect of CSR, CSR
Provision under the Companies Act 2013, CSR Committees.
Suggested Readings
1. A.C. Fernando, Corporate Governance Principles Policies & Practice, Pearson, New Delhi.
2. Kesho Prasad, Corporate Governance, PHI, New Delhi.
3. Jayati Sarkar, Corporate Governance in India.
4. N. Gopalsamy, A Guide to Corporate Governance, New Age International Publisher, N. Delhi.
5. Stephen Baenbridge, The New Corporate Governance in Theory & Practice, Oxford
University Press, London.
6. Marc Goergen, International Corporate Governance, Prentice Hall, N. York.
7. Randall K. Marck, A History of C.G. Around the World, University of Chicago Press Chicago,
USA.
INCOME TAX – I (CMB556)
Credit – 04
Max. Marks -100
Objective: This course is to equip the students with knowledge of the basics of Direct Tax
(Income Tax Act 1961) and its implications.
Course outcomes
1. Impart knowledge on the basic principles of direct tax laws.
2. Equip students about the computation of income and taxation under the heads of Salaries and
House Property.
3. Gain knowledge about Tax Administration and its assessing authorities.
UNIT - I Basic Concepts: Assessment year, Previous year, Person, Assessee, Deemed
Assessee, Assessee in default, Income, Gross total income, Agricultural Income and
Non-agricultural income, Casual income, Difference between exemption and
deduction, Capital and revenue receipts, Capital and revenue expenditure.
Residential status and its effect on tax incidence: Relevance, determination of
residential status of an individual, HUF & Company, Incidence of tax.
UNIT - II Income under the Head Salaries including retirement (Sec. 15-17): “Salaries”
and its computation, concept of salaries, basis of charge (U/S-15), Scope of salary,
different forms of salary – How Taxed: Basic salary, Dearness Allowance, Advance
Salary, Arrears, Leave encashment, salary of partner, fees & commission, Bonus,
Gratuity, Pension, Annuity, Retrenchment compensation, VRS, Remuneration for
extra duties, Profits in lieu of salary; Provident fund and its tax treatment;
Deduction U/S 16 and Deduction U/S 80C.
UNIT - III Income under the Head House Property (H.P): [Sec. 22-27]: Concept of house
property, Basis of Charge; Rental Value: fair rental value, real/actual rental value
(RRV), municipal rental value (MRV), expected rental value (ERV), Standard Rental
(SR) value (SRV); Exempted income of H.Ps; Definition of Annual value- U/S (23);
determination of (a) actual rent, & (b) expected, when (i) SR is not given (ii) SR is
given- Sec.(23), Computation of Annual value: (a) Let out/deemed to be let out H.Ps
(b) Self occupied H.Ps; deduction-U/S-(24): Computation of income of H.Ps in case of
(a) Let out (b) deemed to be let out & (c) self occupied.
UNIT – IV Income under the head Capital Gain [Sec. 45-55]: Basis of charges;
Capital assets: financial & nonfinancial assets- short term & long term; Transfer of
capital assets; short term or long term capital gain or loss; deductible expenses:
transfer cost, cost of acquisition & improvement cost; Computation of Capital gain
including special cases; Rates of taxes on capital gains U/S-111A, 112.
Income from other sources [Sec.56-58]: Basis of charges; Exempted income;
provision of deductible & non-deductible expenses; Computation of total income;
Rates of taxes.
Suggested Readings
1. Singhania V.K: Students’ Guide to Income Tax; Taxmann Publications, New Delhi, 2013-14.
2. Mehrotra H.C: Income Tax Law & Accounts; SahityaBhawan, Agra, 2013.
3. Girish Ahuja and Ravi Gupta: Systematic approach to income tax ; Bharat Law House,New Delhi, 2013
4. Chandra Mahesh and Shukla D.C.: Income Tax Law and Practice; Pragati Publications, New Delhi.
5. DinkerPagare: Income Tax Law and Practice; Sultan Chand & Sons, New Delhi.
6. Prasad, Bhagwati: Income Tax Law & Practice; Wiley Publication, New Delhi.
7. Gaur V.P., Income Tax Law & Practices, Kalyani Publisher, 2012.
HUMAN RESOURCE & INFLATION ACCOUNTING (CMB591) (Elective)
Credit – 02
Max. Marks -100
Course outcomes
1. Understand the concept of Human Resource Accounting.
2. Identify the effective Human Resource Accounting practices.
3. Impart knowledge about Inflation Accounting and its methods.
Unit - I Concept of Human Resource Accounting: Meaning, Concept &

Definition of HRA; its Evolution & Importance; Objectives of Human
Resource Accounting – Limitations of Human Resource Accounting.
Unit - II Human Resource Accounting for Managers & HR Professionals

Investment in Human Resources – Quality of Work Force and
Organizations – Efficient use of Human Resource – Enumerating the
Assets – Calculating the Market Value of Assets – Human Capital.
Unit – III Human Resource Planning – Human Capital Investment –

Expenditure vs. Productivity – Training Human Capital &
Productivity – Human Resource Accounting.
Measurement of Human Value Additional into Money Value –
Objectives of Human Resource Accounting; Approaches to Human
Resource Accounting.
Unit – IV Inflation Accounting: Meaning & Concept, Features and Objectives

of Inflation Accounting; Origin & Development of Inflation
Accounting; Merits & Demerits; Method of Accounting for changing
prices: Current Purchasing Power (CPP) Methods & Current Cost
Account (CCA) Method.
Suggested Readings
1. K,RajuKanaka:Human Resource Accounting, Scholars' Press Publication
2. Rao, DevisettiPrabhakara: Human Resource Accounting, Inter-India Publications
3. Shah, Pragnesh B. : Human Resource Accounting, Serials Publication
4. Ahmad, MohdRizwan:Inflation Accounting Practices in India's Corporate Sector,
Atlantic Publishers & Dist
5. SenGupta,AsimKumar: Inflation accounting in India, Finance Publications
COMPUTERIZED ACCOUNTING (CMB592) (Elective)
Credit – 02
Max. Marks -100
Objective: This course is to familiarize the students about the basics of computerized accounting
terminology with the accounting softwares applications for problem solving in record keeping
and presenting accounting information.
Course outcomes
1. Have knowledge about Computerized Accounting and Accounting Software.
2. Operate Tally ERP 9, MS excel and other software.
3. Understand Accounting Principles, Book Keeping and Inventory Management System.
UNIT - I Introduction to Computerized Accounting, System, Role of Computer in Accounting,
Comparison Between Manual and Computerized Accounting, Salient Features of
Computerized Accounting System (CAS), Advantages and Limitations of
Computerized Accounting System, Considerations before Sourcing Accounting
Software, Types of Accounting Software, Survey on Accounting Software Packages
Tally.ERP 9, Busy etc). Accounting Principles and Concepts, Classification of
Accounts- Traditional Modern, Groping/Classification and Codification of Account,
Requirements and Advantages of Coding System.
UNIT - II Introduction to Tally. ERP 9, Salient Features and advantages of Tally. ERP 9,
Installation of Tally. ERP 9, Getting Functional with Tally. ERP 9, Company
Creation/Setting Up/Selection, Company Alteration/Shut, Tally Vault Password/
Security Control, Backup and Restore of Data. Groups in Tally. ERP 9, Types of
Groups, Ledger, Ledger Creation, Ledger Alteration. Related Case Studies and
Assignments.
UNIT - III Voucher in Tally. ERP 9, Source Documents/Preparation of Vouchers, Types of

Voucher, Accounting and Inventory Vouchers, Voucher Entries. Accounting Reports
in Tally. ERP 9-Trial Balance, Profit and Loss Accounts, Balance Sheet, Cash/Fund
Flow, Ratio Analysis; Printing Tally Reports. Introduction to Good and Service Tax in
Tally.ERP 9, Types of GST Return. Related Case Studies and Assignments.
UNIT – IV Excel Based Accounting- Excel Accounting Features, Basic Accounting/Financial

Functions in Excel, Journal Entries, Preparation of Master Ledger, Trial Balance and
Balance Sheet using Multiple Excel Sheets, Payroll Accounting- Preparation of Salary
Statements, Automated Invoice Generation. Related Case Studies and Assignments.
Suggested Readings:
1. TALLY. ERP 9 (Level 1), The Institute of Computer Accountants, version 1.0, 2012.
2. Double Entry Book Keeping, T.S. Grewal’s, Sultan Chand & Sons (P) Ltd., 2017.
3. John Walkenbach, Excel 2007 Bible 1st Edition.
4. Conrad Carlberg, Excel for Accountants.
5. Financial Accounting, S.N. Maheshwari, S.K. Maheshwari & Shard K Maheshwari, Vikash Publishing House, 4 th
Edition, 2014.
6. Computerized Accounting, System, Manoj Bansal & Ajay Sharma, Shitya Bhawan Publications, Agra.
PROJECT-CUM-PRESENTATION (CMB651)
Credit – 04
Max. Marks -100
Project - 70 Marks
Presentation – 30 Marks
The student is required to prepare a handwritten project

(Maximum 50 pages in Spiral Binding) on the topic
assigned by the Department and deliver a
presentation on Power Point. The student will be
evaluated on:
1) Evaluation of Project will be done on the basis of
quality and content.
2) Presentation will be judged on the parameters of
Language, Content, Body Language and Skills.
FUNDAMENTALS OF INVESTMENT (CMB652)
Credit – 04
Max. Marks -100
Objective: This course exposes the students to the various concepts of investment and
provides an in-depth study of various issues there under.
Course outcomes
1. Understand the various sources of finance.
2. Impart knowledge about security return and risk analysis of financial resources.
3. Know the SEBI’s and stock exchange role in investors protection.
UNIT-I Investment: Nature and scope of investment analysis; Elements of investment

return, risk and time elements; Objectives of investment; Determinants of
Investment, Types of Investments: Financial investments -securities and
derivatives, deposits in banks, post offices and other institutions, tax- sheltered
investments; Non-financial investment -real estate, gold, commodities, precious
metals and other types and their characteristics; Sources of financial
information, Investment decision process, Golden rules of investment.
UNIT-II Security Return and risk analysis; Measurement of return and risk;
Classifications of Risk: Systematic and Unsystematic risk.
Valuation of Fixed Income Securities: Bonds, debentures, preference shares, and
convertible securities. Valuation of variable Income Securities: Equity shares.
Investment by Individuals: Investment policies of individuals; Tax saving
schemes in India.
UNIT- III Investment Analysis: Concept, process and Approaches of Investment Analysis:
Fundamental Approach: Economic analysis, industry analysis and company
analysis. Technical Analysis: Concept, assumptions and techniques, various
charts and patterns, indices; Interpretation of various types of trends and
indices.
Efficient Market Hypothesis: Concept and assumptions, Weak, semi-strong and
strong forms of market; Testing of different forms of market efficiency and their
significance.
UNIT-IV Investors Protection: SEBI’s regulations for investor education and protection,
Role of SEBI and stock exchanges in investors protection; Investor grievances
and their redressal system, Insider trading, Investors’ awareness and activism.
References
1. Fischer, Donald, E. and Ronald, J. Jordan: Security Analysis and portfolio Management, Prentice Hall, Delhi.
2. Avadhani V.A.: Investment Analysis and Portfolio Management, Himalaya Publishing House.
3. Chandra, Prasanna, Investment Analysis and Portfolio Management, Tata McGraw Hill.
4. Rustogi, R.P., Fundamentals of Investment, Sultan Chand & Sons, New Delhi.
5. Agarwala, K.N. and DeekshaAgarwala: Bulls, Bears and The Mouse, Macmillan, New Delhi.
6. Cheney, J. and E. Muses: Fundamentals of Investments, Paul, New York.
7. Clark, James Fransis: Investment- Analysis and Management, McGraw Hill, International Edition.
8. Dalton, John M: How the Stock Markets Works, Prentice Hall, Delhi.
9. Domodran: Investment Valuation, John Wiley, New York”
10. Fabozzi, Frank J: Investment Management, Prentice Hall, International Edition
11. Dhanesh Kumar Khatri, D.K.: Investment Management and Security Analysis, Trinity Press Pvt Ltd
CORPORATE SOCIAL RESPONSIBILITY (CSR) (CMB653)
Credit – 04
Max. Marks -100
Objective: This subject aims to impart basics of corporate social responsibility issues and
challenges.
Course outcomes
1. Introduce the concept of Corporate Social Responsibility in business.
2. Understand the global perspective towards the Corporate Social Responsibility in business.
3. Know about the legal issues related to Corporate Social Responsibility and its implications
in business.
Unit-I Introduction to CSR: Meaning & Definition of CSR, History & Evolution of
CSR. Concept of Charity, Corporate Philanthropy, Corporate Citizenship,
CSR-an overlapping concept. Concept of Sustainability & Stakeholder
Management.
Unit-II CSR Issues: CSR through triple bottom line and Sustainable Business;
Relation between CSR and Corporate Governance; Environmental aspect
of CSR; Chronological Evolution of CSR in India; Models of CSR in India.
Unit-III Global Perspective: International framework for Corporate Social

Responsibility, Millennium Development Goals, Sustainable Development
Goals, Relationship between CSR and MDGs.
Global Principles: United Nations (UN) Global Compact 2011, UN guiding principles on
business and human rights, OECD CSR policy tool, ILO tri-partite
declaration of principles on Multinational Enterprises and Social Policy.
Unit-IV Legal Issues: CSR - Legislation In India & the world, Section 135 of
Companies Act 2013, Scope for CSR Activities under Schedule VII,
Appointment of Independent Directors on the Board.
CSR Activism: The Drivers of CSR in India, Market based Pressure And
Incentives, Civil Society Pressure, Regulatory environment in India.
1. Blowfield, Michael, and Alan Murray, Corporate Responsibility, Oxford University Press.
2. Francesco Perrini, Stefano, and Antonio Tencati, Developing Corporate Social
Responsibility-A European Perspective, Edward Elgar. University of Delhi.
3. Sharma, J.P., Corporate Governance, Business Ethics & CSR, Ane Books Pvt Ltd, New Delhi.
4. Corporate Social Responsibility: Concepts and Cases: The Indian - C. V. Baxi, Ajit Prasad
CUSTOMER RELATIONSHIP MANAGEMENT (CRM) (CMB-655)
Credit – 04
Max. Marks -100
Objective: This subject aims to make students understand the importance and relevance of
CRM in the modern world.
Course outcomes
1. Understand and analyze the Customer Relationship Management.
2. Provide insights to students about technological revolution and corporate culture in
CRM.
3. Have knowledge about CRM implementation and managing customer relationship.
Unit-I CRM Concepts: Introduction, CRM defined - Success factors, Acquiring

customers, Customer Loyalty and optimizing Customer Relationships,
Service Level Agreements (SLAs).
CRM in Marketing: One-to-one Relationship Marketing, CRM with on line
customers, Cross Selling & Up Selling, Customer Retention, Event-based
Marketing, CRM and Customer Service.
Unit-II Analytical CRM: Managing and sharing customer data, Customer

Information and Databases, Ethics and Legalities of data use.
Data Warehousing and Data Mining concepts: Data analysis, Market
Basket Analysis (MBA), Click Stream Analysis, Personalization and
Collaborative Filtering.
Unit-III CRM Implementation: Defining success factors, Preparing a Business

Plan requirements, Justification and Processes. - Choosing CRM tools,
Defining functionalities - Homegrown versus Outsourced Approaches
Unit-IV Managing Customer Relationships: Conflict, Complacency, Resetting the

CRM Strategy, Selling CRM Internally, CRM Development Team, Scoping
and Prioritizing, Development and Delivery.
1. Alok Kumar Rai, Customer Relationship Management Concept & Cases, Prentice Hall of
India Private Limited, New Delhi. 2011
2. S. Shanmugasundaram, Customer Relationship Management, Prentice Hall of India Private
Limited, New Delhi, 2008
3. Kaushik Mukherjee, Customer Relationship Management, Prentice Hall of India Private
Limited, New Delhi, 2008
4. V. Kumar & Werner J., Customer Relationship Management, Willey India, 2008
ENTREPRENEURSHIP (CMB656)
Credit – 04
Max. Marks -100
Objective: This subject aims to develop the understanding of entrepreneurship and the
theoretical developments around it.
Course outcomes
1. Understand the skills required for an entrepreneur.
2. Understand the types of business and the way they are structured.
3. Know about the financial institutions supporting business enterprises and government
policies.
Unit-I Introduction: Meaning & characteristics of Entrepreneurship,

Classification of Entrepreneurships, Incorporation of Business –Role of
Entrepreneurship in economic development, Start-ups. Financing Options
for Startups: Individual funding, Angel funding, Crowd funding and
Venture capital.
Entrepreneur: Meaning of Entrepreneur, Skills required being an
Entrepreneur, Entrepreneurial Decision Process, Mentors and Support
System.
Unit-II Types of Business Entities: Entrepreneurship and Micro, Small and
Medium Enterprises. Concept of Business Groups and role of Business
Houses and Family Business in India. The Contemporary role models in
Indian Business: their values, business philosophy and behavioural
orientations. Conflict in Family Business and its resolution.
Unit-III Idea Generation and Opportunity Assessment: Ideas in
Entrepreneurships, Sources of New Ideas, Techniques for generating
ideas, Opportunity Recognition, Steps in tapping opportunities.
Project Formulation and Appraisal: Preparation of Project Report –
Content, Guidelines for Report preparation, Project Appraisal techniques –
Economic Analysis, Financial Analysis, Market Analysis, and Technical
Feasibility.
Unit-IV Institutions Supporting Small Business Enterprises: Central level
Institutions - NABARD, SIDBI, NIC, KVIC, SIDIO, NSIC, State level
Institutions –DICs, SFCs, SSIDC, Other financial assistance.
Government Policy and Taxation Benefits: Government Policy for SSIs-
Tax Incentives and Concessions, Make in India, Start Up India
1. Arya Kumar, Entrepreneurship, Pearson, Delhi, 2012.
2. Poornima M, Entrepreneurship Development –Small Business Enterprises, Pearson, Delhi, 2009
3. Michael H. Morris, et. al., Entrepreneurship and Innovation, Cengage Learning, New Delhi, 2011
4. KanishkaBedi, Management and Entrepreneurship, Oxford University Press, Delhi, 2009
INCOME TAX – II (CMB657)
B.Com. (Hons.) VI Semester
Credit – 04
Max. Marks -100
Objective: This course is to equip the students with knowledge of the basics of Direct Tax
(Income Tax Act 1961) and its implications.
Course outcomes
1. Impart knowledge on the basic principles of direct tax laws.
2. Equip students about the computation of income and taxation under the heads of capital
gain and other sources.
3. Gain knowledge about Tax Administration and its assessing authorities.
UNIT - I Income under the Head Profits & Gains of Business or Profession
(PGBP): [Sec.28-44]: Meaning of business, profession & vocation; Basis of
charge; scope of income; Basic principle for arriving at business income,
allowed & disallowed expenses; Provisions relating to specific business;
Computation of total business income & tax liability.
UNIT – II Aggregation / Clubbing of Income: Aggregation & clubbing of income –

Assessment of Individuals, HUF and Firm, Computation of Tax Liability.
UNIT – III Set off and Carry Forward of Losses: Method of Computation.
Deductions (U/S 80C to 80U), Tax Deduction at Source & Advance
payment of tax, Tax planning including evasion and avoidance, Tax
Management.
UNIT – IV Tax Administration: Income Tax authorities & their Powers-CBIT, Chief
Commissioner of Income Tax (CIT), CIT (Appeals), Assessing officers
(A.Os)- Deputy Commissioner, Assistant Commissioner, Income Tax
Officer; Appeals, penalties and prosecutions.
Suggested Readings
1. Singhania V.K: Students’ Guide to Income Tax; Taxmann Publications, New Delhi, 2013-2014.
2. Mehrotra H.C: Income Tax Law & Accounts; SahityaBhawan, Agra, 2013-2014.
3. Girish Ahuja and Ravi Gupta: Systematic approach to income tax ; Bharat Law House,New Delhi.
4. Chandra Mahesh and Shukla D.C.: Income Tax Law and Practice; Pragati Publications, New Delhi.
5. DinkerPagare: Income Tax Law and Practice; Sultan Chand & Sons, New Delhi.
6. Prasad, Bhagwati: Income Tax Law & Practice; Wiley Publication, New Delhi.
7. Gaur and Narang, Income Tax Law and Practice, Kalyani Publishers, New Delhi, 2013-2014.
8. H.C. Melhotra& S.P. Goyal, Income Tax Law & Accounts, SahityaBhawan Publications, Agra, 2013-
2014.

Syllabus All

Uploaded by

Copyright:

Available Formats

Syllabus All

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Syllabus All

Uploaded by

Copyright:

Available Formats

DATE OF BOARD OF STUDIES MEETING: 29.01.

B.Com. (Hons.) I Semester (CBCS)

1. Corporate Accounting CMB151

B.Com. (Hons.) II Semester (CBCS)

1. Specialized Accounting CMB251

B.Com. (Hons.) III Semester (CBCS)

1. Business Statistics CMB351

B.Com. (Hons.) IV Semester (CBCS)

1. Management Accounting CMB451

B.Com. (Hons.) V Semester (CBCS)

1. Human Resource Management CMB552

B.Com. (Hons.) VI Semester (CBCS)

UNIT-III PROFIT PRIOR TO INCORPORATION: Introduction, Methods of Computing Profit or

UNIT-IV AMALGAMATION OF COMPANIES: Meaning & Types of Amalgamation, Purchase

UNIT - I MANAGEMENT THOUGHTS & DECISION MAKING: Development of

Unit – I DIFFERENTIATION: Elementary Functions; Concepts of Limit and

Unit – II INTEGRATION: Standard Forms; Methods of Integration – by

Unit – III MATRICES AND DETERMINANTS I: Algebra of Matrices; Properties

Unit – IV MATRICES AND DETERMINANTS II: Inverse of a Matrix; Solution of

Unit I AN OVERVIEW OF MARKETING: Meaning, Functions and Role of

Unit II PRODUCT PLANNING AND DEVELOPMENT: Concept and New Product

Unit III DISTRIBUTION DECISIONS: Functions, Types and Importance of

Unit IV DEVELOPMENT & ISSUES IN MARKETING: Rural Marketing, Social

UNIT- II DISCIPLINE & GRIEVANCE REDRESSAL: Discipline: Causes of indiscipline,

UNIT- III COLLECTIVE BARGAINING & WORKERS PARTICIPATION IN MANAGEMENT

UNIT- IV SOCIAL SECURITY & EMPLOYEES’ WELFARE: Employees welfare – Meaning,

Unit – I MATHEMATICS OF FINANCE: Different types of Interests;

Unit – II LINEAR PROGRAMMING: Formulation of LPP; Graphical method of

Unit – III DIFFERENTIAL EQUATIONS I: Ordinary differential equations of

Unit – IV DIFFERENTIAL EQUATIONS II: Linear Differential Equations and

UNIT – I FUNDAMENTALS OF AUDITING: Nature, Objective, Techniques and Auditing,

Unit – I THEORETICAL FRAMEWORK OF BUSINESS ENVIRONMENT: Concept,

Unit – II ECONOMIC TRENDS (OVERVIEW): Income; Savings and investment; Trends

Unit – III PROBLEMS OF GROWTH: Unemployment, Poverty, Regional imbalances,

Unit – IV SALES FORCE MANAGEMENT & SALES ORGANIZATION STRUCTURES:

Unit – I INTRODUCTION AND SCOPE OF INSURANCE: Origin and Development,

Objective: This course enables the students to gain understanding of statistical

Unit - II ELEMENTS OF COST: MATERIALS, LABOUR & EXPENSES

Unit - III METHODS OF COSTING I

Unit - IV METHODS OF COSTING II

Objective: This course provides the students an understanding of the application of

Unit-I INTRODUCTION: Concept, Meaning, Objectives, Nature Scope and Functions of

Unit – I THEORETICAL FRAMEWORK OF INTERNATIONAL BUSINESS: Meaning,

Unit – II INTERNATIONAL BUSINESS ENVIRONMENT: Globalization- Forces,

Unit – III THEORIES OF INTERNATIONAL TRADE: Absolute Advantage Theory,

Unit – IV INTERNATIONAL BUSINESS DECISIONS & ORGANISATIONS: Modes of

Unit – I Indian Banking System, Evaluation of Indian Banking, Types of Banks,

Unit – II Definition of Insurance, Nature of Insurance, Evaluation of Insurance,

Unit-I Basic issues in Economic Development: Concept and Measures of

Unit-II Structure of Indian Economy: Basic features of Indian economy, Broad

Unit-III Agriculture: Trends in agricultural production and productivity, Factors

Unit - I PERSONALITY DEVELOPMENT: Personality- Definition and Concept,

Unit - IV PRESENTATIONS & PUBLIC SPEAKING: Designing and delivering

UNIT - I Introduction: Concept, Difference between Product and Services

UNIT-I Indian Contract Act, 1872: Contract, meaning, types of contract,

UNIT-I Money,-its Functions, Meaning, High Powered money – its meaning

UNIT-II Indian Banking System – Definition of Banks Commercial Banks –

UNIT-III Developmental Banks and other Banking Financial Institutions,