Mcom Syllabus
Mcom Syllabus
For
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SYLLABUS OF TWO-YEAR FULL-TIME MASTER OF COMMERCE
(M.Com.) DEGREE PROGRAMME (SEMESTER SYSTEM)
3. A candidate who has passed the previous examination for the degree of Master of
Commerce of any other recognized University (following the Semester system) may
also be admitted to the final examination provided that he has offered, for his previous
examination, a course of an equivalent standard, with almost similar syllabus as is
required for the previous examination of this University and has attended a regular
course of study of one academic year. The cases of migration shall be considered by the
equivalence committee.
4. The M.Com Examination shall be in accordance with the syllabus. The maximum
marks for each paper shall be 100, of which 20 marks shall be awarded on the basis of
internal assessment in and 80 marks will be awarded on the basis of end semester
examination of 3 hours .
5. The minimum marks required to pass any paper in a semester shall be 40% in each
paper and 40% in aggregate of a semester.
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6. Division is to be determined as under
Division Criteria
Successful candidates will be classified on the basis of the combined results of all four
semesters , which is as follows:
Candidates securing 60% and above: I Division
Candidates securing 50% or more but less than 60%: II Division
Candidates securing 40% or more but less than 50%: III Division
7. Maximum Duration
No student shall be admitted as a candidate for the examination for any of the
Semesters after the lapse of four years from the date of admission to the Semester-I of
the M. Com. Programme.
8.Use of simple calculator is allowed for examination .Scientific Calculators are not
allowed .
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Assessment: Internal 20 marks, End semester exam 80 marks, Duration of End
semester Exam 3 Hours
Semester-I
S.No. Course Course Paper Marks Duration
Code (Hrs.)
Internal End Sem. Exam (End Sem. Exam)
1 M.Com.101 Corporate Accounting 20 80 3
2 M.Com.102 Management Principles & Practice 20 80 3
3 M.Com.103 Business Environment 20 80 3
4 M.Com.104 Managerial Economics 20 80 3
5 M.Com.105 E-Commerce 20 80 3
Semester-II
S.No. Course Course Paper Marks Duration
Code (Hrs.)
Internal End Sem. Exam (End Sem. Exam)
1 M.Com.201 Financial Management 20 80 3
2 M.Com.202 Marketing Management 20 80 3
3 M.Com.203 Human Resource Management 20 80 3
4 M.Com.204 Management Accounting 20 80 3
5 M.Com.205 Legal Aspects of Business 20 80 3
Semester-III
Core Paper
S.No. Course Course Paper Marks Duration
Code (Hrs.)
Internal End Sem. Exam (End Sem. Exam)
1 M.Com.301 International Business 20 80 3
2 M.Com.302 Research Methods & Statistics 20 80 3
Elective Group:
The Students have to opt either Finance Group or Marketing Group as specialization in M
.Com 3rd semester. Student has to opt for both the available papers in selected specialization
in examinations of 3rdsemester as well as in 4th semester .Once a student opts for Finance or
Marketing in 3rd semester he/she has to take the same specialization in 4 th semester.
Semester-IV
Core Paper
S.No. Course Course Paper Marks Duration
Code (Hrs.)
Internal End Sem. Exam (End Sem. Exam)
1 M.Com.401 Entrepreneurship Development 20 80 3
2 M.Com.402 Banking and Insurance 20 80 3
OR
20 80 __
Project Report (Dissertation)*
Note: * Students have to opt for either Banking or Insurance as a paper or Dissertation
(Project Report). Only those students can opt for dissertation, who has secured 60 % marks in
aggregate up to third semester.
Note: ** (M.Com.403) Seminar and Viva Voce (Seminar 20 marks, Viva-Voce 80 marks)
Elective Group: Students have to opt for same group of specialization which was opted in 3rd
Sem. Student has to opt for both the available papers in selected specialization in
examinations.
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Detailed Syllabus for M. Com
Semester-I
M.Com. 101: Corporate Accounting
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Objectives: The objective of the course is to apprise the students with the
Accounting of companies as per Provisions of the Companies act 2013.
Course Outline:
Unit 1: Preparation of Final Accounts of Companies: Preparation of Final Account with
adjustments as per revised schedule III. Profit Prior and after Incorporation of a company.
Managerial Remuneration.
Unit II: Valuation of Goodwill and Share: Valuation of Goodwill and Shares with all the
available methodology.
Unit III: Accounting for Redemption : Redemption of Preference Shares and Debentures.
Unit IV: Holding Companies: Preparation of Consolidated Profit & Loss Accounts and
Balance-sheet.
Suggested Reading:
1. Shukla M.C. & T.S. Grewal: Advanced Accounts, S. Chand & Co. (Pvt.) Ltd. New Delhi.
2. Shukla S.M. & S.P. Gupta: Corporate Accounting, Sahitya Bhawan Publications Agra.
3.. Gupta R.L & M. Radha Swamy: Ad. Accounting, Sutan Chand & Sons, Delhi
4. Maheshwari S.N: Fiannacial Accounting,
5.. Monga J.R: Corporate Accounting, Mayur Publication, New Delhi
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com. 102: Management Principles and Practice:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Unit II: Planning: Meaning and Process, Goals, Objectives, Plans and Programmes.
Premises of Planning – Forecasting, Process of Decision Making. Rationality and Bounded
Rationality. Risk and Uncertainty in Decision Making.
Unit IV: Staffing: Nature and Purpose of Staffing: Selection, Performance Appraisal,
Organizational Development.
Leading: Motivation – Meaning and Theories of Motivation, Motivation in Practice
Leadership – Types and Traits of a Leader, Leadership Styles. Communication: Forms,
Process, Barriers and Effective Communication.
Unit V: Controlling: Meaning and Process of Controlling. Techniques of Controlling.
Management of Change: Adaptability to Change, Resistance to Change. Emerging
Challenges for the Managers.
.
Suggested Reading:
1. Stoner, James A.F., Management, Pearson (Textbook)
2. Robbins, Stephen P. and Coulter, Mary, Management, Prentice Hall
3. Koontz, Harold and Weihrich, Heinz, Essentials of Management, McGraw-Hill
4. Bateman, Thomas S. and Snell, Scott A., Management, McGraw-Hill
5. Hill, Charles W.L. and McShane , Steven L., Principles of Management, McGraw Hill
6. Pareek, Udai, Understanding Organizational Behaviour, OUP, New Delhi (Textbook)
7. Thakur and Burton, Management, McGraw-Hill
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.103: Business Environment:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Objectives: The objective of this course is to apprise the students with various
concepts of business environments so that their ability to take decisions in changing business
environment can develop .
Course Outline:
Unit I: Theoretical Framework of Business Environment: Concept, significance and
nature of business environment; Elements of environment micro and macro; Techniques of
environmental scanning and monitoring.
Unit III: New Economic Policy: Privatization, Liberalization and Globalization and their
Implications for Indian Business, MNCs.
Unit IV: Political and Legal Environment of Business: Critical elements of political
environment; Government and business; Competition Act 2002, FEMA and Consumer
Protection Act.
Suggested Reading:
1. Adhikary, M.: Economic Environment of Business Sultan Chand & sons New Delhi.
2. Ashwathappa, K.: Legal Environment of Business Himalaya Publication New Delhi.
3. Cherunilam, Francis: Business Environment Himalaya Publishing House New Delhi.
4. Raj Vaid: Business Environment.
5. Dhingra, I.C. Indian Economy: Environmental and Policy, Sultan Chand & Sons, New
Delhi.
6. Mishra S.K. and V.K. Puri: Economic Environment of Business.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.104: Managerial Economics:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Outline:
Unit 1: Introduction: Nature and Scope of managerial economics and its relationship with
other disciplines; Its role and significance in decision making; Basic concepts; Positive Vs
Normative analysis.
Unit III: Production Function and Cost Analysis: Theory of production and cost analysis;
Production function and its managerial uses; Laws of production and analysis; Empirical
estimates of production and cost; Short-run and long-run average cost curves and their
analysis; Economies and diseconomies of scale.
Unit IV: Organisation of the Firm: Pricing decision; Pricing under different market
structure; Perfect and imperfect (monopoly, monopolistic and oligopoly markets); Pricing
strategies; Collusive and non-collusive oligopoly; Baumol’s marries; and O. Williamsons’
models.
Suggested Reading:
1. Baumal, Shalliam J. Economic theory and operations analysis, Prentice hall, Landon.
2. Baya, Michail R. Managerial economics and business strategy, Mc Graw hill New
York.
3. Chopra O.P. Managerial economic, Tata Mc Graw hill Delhi.
4. Dean, Joel. Managerial economic, prentice hall Delhi.
5. Crag W. Peterson, W.Cris Lewis, and Sudhir K. jain, managerial Economics,
Prentice-Hall of India/ Pearson, New Delhi,
6. H.L Ahuja, Managerial Econimics, S. Chand,
7. DN Dwivedi, Managerial Economics, Vikas Publishing House, New Delhi
8. Samuelson Paul and Nordhaus, Economics, Tata McGraw-Hill, New Delhi.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.105: E-Commerce:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Objective: The main objectives of the course is to familiarize the students with the
fundamentals of e-commerce as it is a fastest growing concept in the field of business .
Course Outline:
Unit I: Introduction
Meaning, nature, concepts, advantages, disadvantages and reasons for transacting
online, types of e-Commerce, e-commerce business models (introduction , key
elements of a business model and categorizing major E-commerce business models),
forces behind e-commerce.
Technology used in e-commerce:
The dynamics of world wide web and internet(meaning, evolution and features) ;
Designing, building and launching e-commerce website (A systematic approach
involving decisions regarding selection of hardware, software, outsourcing vs. in-
house development of a website)
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Formatting, Fonts, Hypertext Links, Tables, Images, Lists, Forms, Frames, Cascading
Style Sheets.
Suggested Readings:
1. Laudon Kenneth C. and Traver Carlo Guercio, E-Commerce, Pearson Education.
2. Whiteley David, E-commerce: Strategy, Technology and Applications, McGraw
Hill Education
3. Bhaskar Bharat, Electronic Commerce: Framework, Technology and Application, 4 th
Ed.,
McGraw Hill Education
4. Joseph P.T., E-Commerce: An Indian Perspective, PHI Learning
5. Bajaj K.K. and Nag Debjani, E-commerce, McGraw Hill Education
6. Chhabra T.N., E-Commerce, Dhanpat Rai & Co.
7. Madan Sushila, E-Commerce, Taxmann.
8. Chhabra T.N., Jain Hem Chand, and Jain Aruna, An Introduction to HTML, Dhanpat
Rai & Co.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M COM Semester II
M.Com.201: Financial Management:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Outlines:
Unit I: Financial Management: Nature, Objectives and Scope, Modern concept of finance,
Financial Decision- Types of Financial Decisions, Role of Finance Manager, Risk Return
Framework for Financial Decision Making, Time value of money.
Unit II:
a) Cost of capital: Concept of value, present value, basic valuation models.
b) Capital Structure: Concept, Financial Leverage and its Impact on the Valuation of
firm, Theories of Capital Structure- net income approach, operating income approach,
miller – Modigliani approach, Determinants of Capital Structure.
Unit III: Investment Decisions: Nature and Kinds of Capital Budgeting, Techniques of
Evaluating Capital Budgeting Decisions, Capital Budgeting Under Risk and Uncertainty,
Analysis of Real Life Capital Budgeting Decisions- Some Case Studies.
Unit IV:
a) Dividend Decisions: Dividend and its form, Theories of Dividend Policy and their
Impact on the Value of a Firm, Determinants of Dividend Policy.
b) Working Capital Management: Meaning and Concepts of Working Capital.
Estimating Working Capital Requirements. Management of Cash Receivables and
Inventory.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.202: Marketing Management:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Outlines:
Unit I:
a) Marketing Concept: Marketing Management; Nature and scope; Evolution of
marketing; Selling vs marketing; CRM; Emerging role of marketing; Marketing mix.
b) Marketing Environment: Concept; Need for study; Major elements and their impact
on marketing decisions.
Unit II:
a) Consumer Behaviour: Consumer vs. organizational/industrial buyer; Their
characteristics; Importance of understanding consumer behaviour; Determinants of
consumer behaviour; Theories of consumer behaviour; Various buying roles in
family; Types of buying behaviour; Consumer decision-making process in buying.
b) Market Segmentation: Nature and importance of segmentation; Pre-requisites for
effective segmentation; Bases of segmenting consumer markets; Market selection
strategies; Positioning.
Unit III: Product Decisions: Concept of product; Classification of products; Product line and
produt mix; Branding, packaging and labeling; Customer services; Development of new
product; Product life cycle; The new product (Consumer); Adoption process.
Unit IV:
a) Price Decisions: Pricing as a marketing variable-its role and importance; Price vs.
non-price competition; Factors influencing price determination; Price setting in
practice; Price policies and strategies.
b) Distribution Channels and Physical Distribution Decisions: Why are marketing
intermediaries used? Marketing channel functions; Selecting channels distribution;
Determining the intensity of distribution; Channel management decisions- selection,
motivation and evaluation of individual middlemen; Manufacturer- distribution
relationship; Retailing and wholesaling; Logistics of distribution.
Unit V:
a) Promotion Decisions: Nature; Objectives and importance of promotion;
Communication process; Promotion mix and methods; Advertising; Personal selling;
Public Relations and Sales promotion.
b) Legal, Ethical and Social Aspects of Marketing: Consumerism; Consumer
protection measure in India; Recent Developments in consumer protection in India.
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Suggested Reading:
1. Sharma Kavita and Aggarwal Swati ,Principles of Marketing,Taxmann Publications
2. Kotler Philip: Marketing Management-Analysis, Planning, Implementation and Control,
Prentice hall New Delhi.
3. Ramaswami, V.S and Namakumari, S: Marketing Management Mac Millan India New
Delhi.
4. Stanton, Shallian J. and Charles Futrell: Fundamentals of Marketing Mc Graw hill New
York.
5. Saxena, Rajan Marketing Management, Tata MCGraw Hill, New Delhi
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.203: Human Resource Management:
Course Objectives: The objective of this course to enable students to understand procedures,
processes and techniques relating to Human Resource Management of an organization.
Course Outlines:
Unit I: Introduction to Human Resource Management: Evolution of HRM , Objectives
and functions of HRM , Role and responsibilities of HR Manager , Relevance of HRM ,
Systems approach to HRM
Unit III: Developing Human Resources: Training and Development: Training needs,
training methods, application of computers in training, developing effective training
programmes, Concept of HRD, Management development programmes.
Unit IV:
1. Performance Appraisal: Concept and objective of performance appraisal , Process
of performance appraisal , Criteria for performance appraisal , Benefits of
performance appraisal , Limitations and constraints , 360 degree performance
appraisal , Promotion-degree, transfer air separation: Promotion, purpose, principles
and types; Transfer: Reasons, principles and types; Separation: Lay-off, resignation,
dismissal, retrenchment, voluntary, retirement scheme.
2. Motivating Human Resources: Motivation at work, major motivation theory: An
overview, Participative management, Compensation Management, Incentives:
Concepts, types of incentives; Incentives schemes in Indian industries; Fringe
benefits, Discipline and employees’ grievance redressal.
Unit V:
a) Individual Behaviour: Attitude, perception, learning, values.
b) Group Processes: Group dynamics, power, policies, organizational culture and
climate. Forms of groups.
c)
Suggested Readings:
1. Dessier, Gary and Biju Varkkey, Human Resource Management, Pearson Education,
New Delhi,.
2. Mejia Gomez, et al., Managing Human Resources, 3rd ed. Pearson Education.
3. Ivancevich, Human Resource Management, Tata McGraw-Hill.
4. . Decenzo, David S and Stephen P. Robbins, Personal/ Human Resource Management, ,
Prentice Hall of India, New Delhi,
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5. Pattanayak, Biswajeet Managing Human Resources, 3rd ed., Prentice Hall of India, New
Delhi.
6. Aswathappa, K. Human Resource and Personnel Management, Tata McGraw-Hill.
7. Dwivedi, RS Managing Human Resources in Indian Enterprises, Galgotia Publishing
Co., New Delhi, Latest ed.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.204: Management Accounting:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course objectives: The objective of this course to impart knowledge of various accounting
tools and techniques useful for business decision making.
Course Outline:
Unit I: (a) Management Accounting: Concept, Importance, Nature and Functions, Financial
vs Management Accounting, Cost vs Management Accounting, Role of Management
Accountant.
(b)Basic Concepts of Costing: Basic Cost Terms and Concepts, Type and Elements of Cost,
Cost Allocation- Absorption Costing, Marginal Costing, Activity Based Costing.
Unit II: Financial Statement Analysis: Trend Analysis, Ratio Analysis, Preparation and
Analysis of Fund Flow Statement and Cash Flow Statement (Revised AS).
(b) Cost Volume Profit (CVP) Analysis: Contribution Margin, Break-Even Analysis, Profit
Volume (P/V) Analysis, Multiple Product Analysis, Optimal Use of Limited Resources.
Unit IV: Budget and Budgetary Control: Preparation of Different Types of Budgets, Fixed
Versus Flexible Budgets.
Unit V: (a) Standard Costing: Concept, Advantage, Types of Standards, Variance Analysis-
Material, Labour, Overheads, Managerial Use of Variances.
Suggested Reading:
1. Horngreen : Management Accounting. PHI
2.Homgreen Charies T., and Gary L. Sundem and Shalliam O. Stration, Introduction to
Management Accounting, Prentice Hall of In dia,
3. Colin, Dury Management and Cost Accounting, Thomson Learning,
4. Jawahar Lal, Advanced Management Accounting, Text Problems and Cases, S. Chand &
Co., New Delhi,
5. Maheswari, S.N.: Management Accounting.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.205: Legal Aspects of Business:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Objectives: The objective of this course is to apprise students with the provisions of
various laws relating to legal aspects of business
Unit II: The Consumer Protection Act, 1986: Basic Concepts: Complaint, complainant,
consumer, rights of consumer, consumer forums, their role, powers and functions, procedure
for consumer grievance redressel, major decided cases.
Unit III: The Competition Act, 2002: Basic concepts, powers of central government under
the competition act, major provisions of the competition act: Role and working of
competition commission of India.
Suggested Reading:
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Semester III
Course Objective: The objective of this course is to make students familiar with the
theoretical framework of International Business .
Course Outline:
Unit III: (a) Regional Economic Co- Operation: Forms of regional groupings; Integration
efforts among countries in Europe, North America, and Asia.
(b) International Financial Environment: International financial system and institution;
Foreign exchange markets and risk management; Foreign investments types and flows;
Foreign investment in Indian perspective.
Unit IV: (a) Organisational Structure for International Business Operations: Key issues
involved in making international production, finance and human resource decisions;
International business negotiations.
(b) Developments and Issues in International business: Outsourcing and its potentials for
India; strategic alliances, mergers and acquisitions; Role of IT in international business;
international business and ecological considerations.
Unit V: (a) Foreign trade promotion measures and organizations in India; special economic
zones (SEZs) and 100% export oriented units (EOUs); measures for promoting foreign
investments into and from Indian; Indian joint ventures and acquisitions abroad.
(b) Financing of foreign trade and payments terms.
Suggested Reading:
1. Adhikari Manab: Global Business Management Mac Millan New Delhi.
2. Black and Sundaram: International Business Environment prentice hall New Delhi.
3. Sodersten, B.O: International Economics Mac Milllan Landon.
4. Tayeb, Monis H: The Global Business Environment-An Introduction sage publication New
Delhi
5. Charles, W.L. Hill and Arun K. Jain, International Business, Tata McGraw- Hill, New
Delhi
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6. Johnson, Derbe, and Colin Turner, Inrernational Business- Themes and Issues in the
Modern Global Economy, London: Roultedge
7. Cherunilam, Francis, International Business: Text and Cases, Prentice-Hall of IndiaLtd.
8. Justin, Paul, International Business, Prentice- Hall of India Ltd.,
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.302: Research Methods & Statistics:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Objectives: The objective this course is to enable the students to understand how to
design and carry out business research by applying various statistical tools and techniques.
Course Outline:
Unit II: Developing research instruments: questionnaires and scales- types, preparation,
standardisation.
Unit III: (a) Sampling methods & techniques: Probability and non- probability methods,
random, non random techniques, stratification, focus group.
(b) Probability: Progressions and elements of set theories. Calculation of simple and
compound Probabilities.
Unit IV: (a) Analysis of Time Series: Meaning and components, Measurement of Trend.
(b) Linear regression: equations, coefficients, introduction to multiple regression analyses.
Unit V: Testing Hypotheses: Test of significance Application of ‘T’ and ‘F’ Tests. Analysis
of variance (ANOVA). Coefficient of Association and contingency, X2 Test
Suggested Reading:
1. Research Methodology: William Zikmund
2. Marketing research: Aaker & Day
3. Marketing research, Westfall, Boyd & Stasch
4. Marketing research: Naresh Malhotra.
5. Bhardwaj, R.S.: Business Statistics
6. Business Statistics: Gupta, S.P.
7. Business Statistics: Hooda, R.P.
Business Statistics: Singh, S.P
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
21
M.Com.303: Income Tax Laws and Practice:
Assessment: Internal 20 marks , End semester exam of three hours 80 marks
Course Objective: The purpose of this course is to enable the students to understand the
various provisions of Income Tax Act .
Course Outline:
Unit I: Introduction: Basic concepts, Residential Status, Exempted Income.
Unit II: Various heads of Income and Computation of Income under different heads of
Income
Unit III: Deduction from gross total income, Rules of set off and carry forward of loses,
clubbing of income, tax authorities, various types of Assessment.
Unit IV: Assessment and computation of Income of Individuals, Partnership Firms and
Company.
Unit V: Appeal and Revision, Payment of Advance Tax, Deduction at source and Tax
Planning.
Suggested Readings:
1;Systemetic Approach to Taxation. ,wolters cluver
2.Direct Tax Laws and Practice, VK Singhania,Taxmann publication
3.Students Guide to Income Tax VK Singhania Taxmann
4.Income Tax Law and Practice,Gaur and Narang Kalyani Publication
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
22
Elective Group: The Students have to opt either Finance Group or Marketing Group as
specialization in M .Com 3rd semester. Student has to opt for both the available papers in
selected specialization in examinations of 3 rdsemester as well as in 4th semester .Once a
student opts for Finance or Marketing in 3 rd semester he/she has to take the same
specialization in 4th semester .
Finance Group:
Course objectives: The main objective of the course is to provide a sound information and
knowledge of broad framework of Financial Systems and its constituents.
Course Outline:
Unit I: (a) Financial Markets: Nature, Functions and Efficiency, Financial System and
Economic Development, Flow of Funds in Indian Economy, An Overview of Indian Financial
System.
(b) Money Market: Organization, Instruments, Functioning and its Regulations and Recent
Developments, RBI.
(c) Capital Market: Structure of Capital Market in India-Primary and Secondary Markets,
NSC, OTCEI, SEBI and its Role as Regulator.
Unit II: Financial Institutions: Functions and working of IDBI, IFCI, ICICI, NABARD,
SIDBI and SFCs.
Unit IV: Financial Instruments: Equity Shares, New Issue Market and Secondary Market-
The Allocative and Operational Efficiency, Preference Shares, Private Placement-Channels,
Debentures and Other Fixed Income Securities, Engineered Financial and Monetary
Instruments.
Unit V: Foreign Capital: Foreign Capital as a Source of Finance, Place of Foreign Capital in
the Over all Framework of Indian Financial System, The Regulatory Framework and NRI
Investments.
Suggested Reading:
1. Kohn Meir Financial Institutions and Markets, Oxford University Press
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2. Madura Jeff: Financial Markets and Institutions, South Western Cengage Learning
3. Mishkin, Fredrick S. and Stanley G. Eakins: Financial Markets Institutions, Pearson
Education Ltd.
4. Reserve Bank of India: Report on Currency & Finance.
5. Bhole L.M.: Financial Institutions and Markets, McGraw Hill Co. New Delhi
6. Khan M.Y: Financial Services, McGraw Hill, New Delhi
7. M.Y. Khan Indian Financial System, , McGraw Hill Publishing Company, New Delhi
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
24
M.Com.305: Security Analysis and Portfolio Management:
Course Objective: Objective of this course is to make students familiar with understanding
of various techniques of security analysis and portfolio management.
Course Outline:
Unit I: Securities and Risk and Return: Meaning, nature and types of securities, concept of
portfolio management, Measurement of return, meaning of risk, types of risk-systematic and
unsystematic risk, Basic valuation models (with numerical).
Unit II: Fundamental Analysis: Economic Company and industry analysis. Technical
analysis and random walk hypothesis, efficient market hypothesis.
Unit III: Concept of valuation :Valuation of Shares, Debentures and Preference Shares
Unit IV: Concepts of portfolio diversification and its effects: Theories of Portfolio:
Capital asset pricing model, arbitrary pricing model.
25
Marketing Group:
Course Objectives: The objective of the course is to develop the basic understanding of the
concepts and theories of consumer behavior and their applications in the field of marketing
decision making.
Course Outline:
Unit I: Introduction: Defining consumer behaviour; reasons for studying behaviour,
applying consumer behaviour knowledge; scope of consumer behaviour; market
segmentation; bases of segmentation, criteria for effective targeting of market segments.
Unit III: Consumer in Social and cultural settings: Reference groups and family
influeneces; Social class, cultural; sub cultural and cross cultural influences on consumer
behaviour; personal influences and diffusion of innovations; impact of media and
globalization.
Unit IV: Consumer Decision Process: Problem recognition; search and evaluating;
purchasing processes; post purchase behaviour; consumer behaviour models; consumerism;
organizational buying behaviour.
Suggested Readings:
1. Schiffman and Kanuk: Consumer Behaviour
2. Engle, Blackwell and Minriad: Consumer Behaviour
3. Zaltman and Wallendorf: Consumer Behaviour
4. Mellot, Douglas W. Tr. : Consumer Behaviour
5. Loudon and Della Bitta: Consumer Behaviour
6. Benneton: Consumer Behaviour
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
26
M.Com.305: Marketing Communication
Course Objectives: The purpose of this course is to enable a student to gain understanding of
the concepts, strategies and issues relating to marketing communication
Course Outline:
Section A: Advertising
Unit III: Message and copy: Message strategy and design, elements of advertising copy,
developing effective advertising copy, creativity and visualizing in advertising, media
planning: Comparative study of different advertising media, Media selection, media
scheduling.
Section B: Sales Management
Unit IV: Introduction: Nature and importance of personal selling, personal selling versus
advertising, types of sales persons, selling as a career, process of effective selling.
Unit V: Management of the sales force: recruitment and selection; Training and
development; direction, motivation, compensation, performance appraisal, sales planning and
control; Market analysis, sales budget, sales territory, sales quota.
Suggested Readings:
1. Wright, Wintersand zeigers: Advertising Management
2. Dunnand Barban- Advertisng: Its role in modern marketing advertising
3. Chunnawala & Sethia: Advertising management
4. Still, Cundiff & Govoni: Sales Management
5. Subroto Sengupta: Cases in advertising and communication
6. Spiro: Management of sales force.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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Semester IV
Course objective: The objective of the course is to develop the ability of entrepreneurship
among students and to provide adequate knowledge to the students for formulating and
handling projects.
Course Outline:
Suggested Readings:
1. Chandra Prasanna: Project Preparation, Appraisal and Implementation., Tata McGraw Hill,
2. Holt: Entrepreneurship
3. S.S. Khanka: Entrepreneurial Development
4. Vasant Desai: Entrepreneurial Development
5. Madhurima Lall & Shikha Sahai: Entrepreneurship
6. Clifford Gray: Project Management, Richard D. Irwin,
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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M.Com.402: Banking And Insurance
Course Objective: To impart knowledge about the basic principles of the banking and
insurance as there are numerous opportunities for jobs in Banking and Insurance sector.
CONTENTS
Unit 1: Introduction
Origin of banking: definition, banker and customer relationship, General and special
types of customers, Types of deposits, Origin and growth of commercial banks in
India. Financial Services offered by banks, changing role of commercial banks, types
of banks.
Note: The pattern of setting the question paper is given at the end of the Syllabus,
which is to be followed by the paper setter.
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Or
M.Com. 402 : Project Report (Dissertation)
Those students who have obtained at least 60 % marks in aggregate in the first and second semester of M
com can opt the project report. In place of paper of Banking and Insurance.
As part of the curriculum, students are required to undertake the Project Report (PR) in their chosen area.
For this purpose, each student shall be assigned a Faculty member as his/her Project Guide.
Objective: Project report writing trains a student to communicate information in an effective and
convincing way. Project Report in itself is a complete and compact training programme.
The student would choose a topic of his/her choice and they will conduct an investigative research on the
topic .The topic would be related to business . Research will be conducted on empirical basis under the
guidance of the project guide/faculty member.
.
Final Report Submission: This part would involve data collection, tabulation, data analysis, findings,
suggestions, limitations, conclusion, and scope for further studies. Students should Use appropriate data
analysis tools and software.
Every report must be hard bounded with Black Leatherette cover duly embossed in Golden in BOLD letters
with the Project Title, Student’s name & roll no., class, batch and year and must be submitted to the
Department. Copy of Synopsis should also be submitted.
Following should be the chapterization scheme of the report. The list of chapters is indicative in nature and
can be modified by the Faculty guide if required.
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M.Com.403: Seminar and Viva Voce
Course Objective: The objective is to develop the art of oral communication skill among the students so
that they can face interviews for jobs.
The students shall be expected to give several presentations during the semester with the final one on the
day of the examination. The viva voce shall give them an opportunity to experience an interview. Regular
quizzing sessions shall be held with the students throughout the semester under this course.
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Elective Group: Students have to opt for same group of specialization which was opted in 3 rd sem. Student
has to opt for both the available papers in selected specialization in examinations
Finance Group:
M.Com.404:Working Capital Management
Course objective : Working capital is a financial tool which represents operating liquidity available to a
business .Student should have adequate knowledge of determining working capital of a business concern.
Unit I: Introduction, meaning, concepts, classification and importance of working capital, Relevance of
current assets and current liabilities in the balance sheet,Objectives of WCM. Over- capitalisation, under-
capitalisation, zero working capital, Short-term v/s long term financing-A risk-return trade-off.Liquidity v/s
profitability trade-off. Cost trade-off, Working capital approaches.
Factors determining working capital requirements, Assessment and forecasting of working capital
requirements, Assessment and forecasting of working capital requirements, Operating cycle, Weighted
Operating cycle,Relevance of current assets and current liabilities and their inter-relationship, Management
of different current assets
Unit II Inventory Management: , Management of Inventory. Relevance and scope, Deciding the optimum
level of inventory in a firm, Purpose and benefits of holding inventory.
Risk and cost of holding inventory, Inventory management - tools, techniques, Inventory management -
tools, techniques, Inventory management - tools, techniques, Inventory management models, Inventory
management models, Determining stock levels and safety stocks, Types of organizations holding inventory,
Inventory strategies & techniques, Inventory strategies & techniques. Cases on Inventory Management
Unit III : Management of Accounts Receivables, Creation and size of accounts receivables, Motives of
extending credit,Limitations of Accounts Receivables-Tax considerations, Determining maximum length of
credit period, Credit terms, opportunity costs, receivables at cost or sale price, Goals and functions of A/Rs
management, Short-term changes in credit policy, Long-term changes in credit policy
Financial statements analysis wrt. Accounts Receivables, Financial statements analysis wrt. A/Rs,
Financial, Cash management-meaning and concept statements analysis wrt. A/Rs,
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Unit IV: Cash management-meaning and concept, Cash v/s profit. Cash flow, cash stock and cash to
current assets ratio,Cash flow presentation as per IFRS, NOCF & priority outflows, Management of
liquidity-Shiftability theory, Liquidity newly defined, liquidity crises 7 firm level action, Measurement of
liquidity,Window dressing, Certainty model by Baumol, Uncertainty model by Miller & Orr, Cash flow
forecasting, Cash collection system.
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M.Com.405: International Financial Management
Course objectives: The objective of the course is to acquaint the students with Financial Management
problems of multinational corporations and prepare them to tackle these problems.
Course Outline:
Unit I: (a) Financial Management in Global Perspective: Development in the International Monetary
System, Gold Standard, Britain Woods System of Exchange Rate, Exchange Rate Regime, IMF and
International Liquidity, System of Exchanging Currencies.
(b) Exchange Rate Determination: Determination of Exchange Rate in Spot and Forward Market, PPP
Theory, IRP Theory, Monetary Theories of Exchange Rate determination, Overshooting Models.
Unit II: Foreign Exchange Market: Spot and Forward, Participants in Foreign Exchange Market-
Arbitraging, Hedging and Speculation, Covered Interest Rate Arbitrage, Borrowing and Investing Markets.
Unit III: Risk Exposures and Their Management: Translation, Transaction and Operating Exposures:
Their Measurement and Management.
Unit IV: Financial Swaps: Types and Uses, cash management by MNCs
Unit V: (a) International Financial Markets: International Equity Issues and Long Term Borrowings.
GDRs, ADRs and Euro Bonds. International Development Banks, Foreign Currency Financing by Indian
Financial Institutions.
(b) Short Term Financial Management: Management of Cash, Inventory and Accounts Receivable in
Global Context, Inter–Company Fund Flow Mechanism, Short Term Financing. Financing of International
Trade.
Suggested Reading:
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Marketing Group:
M.Com.404: Marketing of Services :
Course objective: To enable students to understand the conceptual aspects of services marketing.
Course Outline:
Unit I: Introduction to Services Marketing: Services as a marketing concept; factors for the
growth of service sector; characteristics of services; dimensions of services; classification of services;
managing customer expectations: level of expectations; zone of tolerance; segmentation, targeting and
positioning of service.
Unit II: Services Marketing Mix: Product: service package, core and supplementary services; Product
levels, service levels and delivery; price: pricing concepts and issues in pricing, pricing policy, pricing
approaches, price and customer values; Promotion: Internal and external communication, issues in services
promotion; place: Service distribution, channel options, service distribution strategy.
Unit III: Service Design: Essentials of a service system; components of services; designing the service
package; front office interface; back office interface; operations system; service delivery system; customer
satisfaction and conflicts; service recovery system; service quality; concept of service quality, measuring
service quality; SERVQUAL system; concept of CRM: CRM objectives, technology impact on services,
concept of e-CRM.
Unit IV: Globalization of services: Stages of globalization; international marketing services; emerging
trends; principal driving forces in global marketing of services; key decisions in global marketing; services
strategy and organizing for global marketing.
Unit V: Marketing of Financial and Hospitality Services: Application of the component of marketing
of services in marketing of financial, tourism, travel and transport services.
Suggested Reading:
1. Zeithaml, Gremler, Bitner, and Ajay Pandit, Services Marketing, Tata McGraw- Hill, 4th ed., 2008.
2. Lovelock, Services Marketing: People, Technology and Strategy, Pearson Education, 5 th ed., 2007.
3. Baron S and Harris K, Services Marketing: Text and Cases, Palgrave, 2003
4. Rajendra Nargundkar, Services Marketing: Text and Cases, Tata McGraw- Hill, 2nd ed., 2007.
5. Harsh V Verma, Services Marketing: Text and Cases, Pearson Education, 2008.
6. Rama Mohana Rao, Services Marketing, Pearson Education
7. Govind Apte, Services Marketing, Oxford Univ. Press
Note: The pattern of setting the question paper is given at the end of the Syllabus, which is to be
followed by the paper setter.
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M.Com.405 : International Marketing
Course objective: To enable the students to understand the concept, implications and procedures of
International Marketing.
Course Outline:
Unit I: Introduction to International Marketing: Meaning, nature and scope of international marketing;
international marketing distinguished from domestic marketing. Exporting, international trade and
international business; international marketing management process- an overview.
Unit II: International marketing Environment: Geographic, demographic, economic, political, legal,
socio cultural environments- their nature and effects on international marketing operations, tariff and non-
tariff barriers; WTO, UNCTAD, generalized system of preferences (GSP), regional economic groupings-
European Union (EU), NAFTA, ASEAN, etc., facilities and incentives schemes for exporters.
Unit III: International Product/ Market Selection and Entry Modes: Selection products, selection
market, various modes of entry into international markets and their evaluation, export licensing/franchising
contracting, joint venture, setting up wholly owned subsidiary.
Unit IV: International Product Planning and Pricing: Product in international context, standardization
vs. adoption decision, other considerations; packaging, branding after sales services, ISO 9001:2000 quality
system standard, factors influencing price, pricing methods, decisions and pricing process, price quotations
and related considerations.
Unit V: International Distribution and Promotion: Types and functions of foreign distribution channels,
selection of middlemen, distribution logistics- transportation and warehousing decisions, International
advertising- standardization vs. adaptation, selection of media, selection of agency, measuring advertising
effectiveness.
Suggested Reading:
1. Vern Terpestra, Internation Marketing, Southwest Publication,
2. Varshney RL and B. Bhattacharya, International Marketing- Indian Perspective, Sultan chand
publication 2006.
3. Fayerweather, J, International Marketing Management, Sage Publication,
4. Cateroa, R, Phylip, International Marketing, Tata Mc Graw Hill
5. Jain Subhash, International Marketing Management, Southwest Publication,
Note: The pattern of setting the question paper is given at the end of the Syllabus, which is to be
followed by the paper setter.
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Pattern of Question Paper
Note: Instruction for pattern of paper setting is required to be followed by the examiner while
setting the question paper.
There are three categories of subjects for the purpose of paper setting.
1.Numerical papers (End Semester Exam)
Instruction: Numerical papers in each semester of M.Com will follow the under mentioned pattern of
question paper. Maximum marks will be 80.Maximum time allowed is 3 hours.
The question paper will consist of 80% numerical questions and 20% theoretical questions.
The question paper will include a total of ten questions, out of which five questions are to be attempted by
the student. Each question will carry same marks i.e; 16 marks each. Questions shall be formed covering all
five units of syllabus.
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3.Theoretical papers (End Semester Exam)
Note :Remaining papers other than numerical and semi numerical papers are termed as theoretical
papers
Instruction: Theoretical papers in each semester of M.Com will follow the under mentioned pattern of
question paper. Maximum marks will be 80.Maximum time allowed is 3 hours.
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