AC ITEM NO. : AC-JUNE23-4.

19

Celebrating 63 Years of Glory

Parle Tilak Vidyalaya Association's

SATHAYE COLLEGE (AUTONOMOUS)
NAAC accredited ‘A’ Grade (3rd Cycle)
Dixit Road, Vile Parle (E), Mumbai-57

Affiliated to
University of Mumbai

SYLLABUS FOR
F.Y.B.A/B.Sc.
OPEN ELECTIVE COURSE
Department of Mathematics
Under NEP 2020

To be implemented from Academic Year: 2023-2024

 Parle Tilak Vidyalaya Association's SATHAYE COLLEGE (AUTONOMOUS)

PREAMBLE:

Mathematics is a basic and important discipline that contributes to the developments and
understandings of various field like Economics ,Commerce and Accountancy. The extent of
application of Mathematics by scientists, engineers, business analysts etc. to real world problems
has increased by leaps. This course will help students to understand basic fundamental concepts
of Maths. The course will definitely improve basic mathematical skills and help the students to
acquire better understanding of the math-based subjects.
Program Outcome:

 Give the students a sufficient knowledge of fundamental principles, methods and a

clear perception of power of mathematical ideas and tools and know how to use them
by modelling, solving and interpreting.

 Reflecting the broad nature of the subject and developing mathematical tools for
continuing in various fields.

 Enhancing student’s overall development and to equip them with mathematical

modelling abilities, problem solving skills, creative talent and power of
communication necessary for various kinds of employment.

Structure of the Course:

The Board of Studies in Mathematics in its meeting held on 24th June 2023 has discussed,
finalized and unanimously accepted the revised syllabus (as per CBCS pattern) prepared by
committee. The titles of the papers for F.Y.B.A/B.Sc. .Mathematics Semester I and Semester
II are as given below;

Minor Course No of No. of

Semester Course Title
Code Credits lectures

Quantitative Aptitude
I GBS1MATOE0123 2 30

FUNDAMENTALS OF FINANCIAL
MATHEMATICS
II GBS2MATOE0123 2 30

Dept of Mathematics Open 2

Elective Course Syllabus
2023-24
 Parle Tilak Vidyalaya Association's SATHAYE COLLEGE (AUTONOMOUS)

Semester I
Open Elective Course I
Course code: GB1MATOE0123
Title: - Quantitative Aptitude

Course Objectives:
1)To train students to appear for various competitive
Examination.

2)The thrust of the course is to enhance students

quantitative and logical ability to appear for various competitive
examination for better professional life.
Course Outcome :
Student will be able to
1) Develop an understanding on different types of mathematical tools available for faster
calculation
2)Identify different tools that are essential for the empirical and analytical study of various
problems

Course Content:

UNIT Description Lectures

I Vedic Mathematics (tricks for faster calculation) , Averages ,Percentage, 10
Ratio Proportion , Coding and Decoding.
II Time and Work , Time and Distance , Logical Reasoning , Data 10
Interpretation ,Problems on age ,
III Simple Interest and Compound Interest , 10
Equations. Profit and Loss .

Total 30

Reference Books :
1. The Pearson Guide to Quantitative Aptitude for Competitive Examinations
2. Quantitative Aptitude for Competitive Examinations – R.S Aggarwal
3. Aptipedia Aptitude Encyclopedia by FACE

Dept of Mathematics Open 3

Elective Course Syllabus
2023-24
 Parle Tilak Vidyalaya Association's SATHAYE COLLEGE (AUTONOMOUS)

4. Teach Yourself Quantitative Aptitude for Competitive Exams – Arun Sharma

5. Shortcuts in Quantitative Aptitude for Competitive Exams by Disha Experts

Semester II
Open Elective Course II
Course code: GB2MATOE0123
Title: - FUNDAMENTALS OF FINANCIAL MATHEMATICS
Course Objectives:
This course is designed to acquire.
1. the concept of Shares & Mutual Funds.
2. the different Concept of Central Tendency & Measures of Dispersions.
3. the different concepts in probability and its laws.
4. the concept of Interest & Annuity and its problem solving
Course Outcome:
CO1: Apply the knowledge of Mathematics in solving business problems.
CO2: Demonstrate mathematical skills required in mathematically intensive areas in Commerce
such as Finance and Economics.
CO3: Understand the important role Mathematics plays in all facets of the business world.
CO4: Understand the use of equations, formulae, and mathematical expressions and
relationships in a variety of contexts.
CO5: Demonstrate critical thinking, modelling, and problem-solving skills in a variety of
contexts
CO6: Understand the have the basic knowledge on data collection and various statistical
elementary tools.
CO7 : understand use of the business implications and probabilities of every decision being
made..
Course Content:
Unit Description Periods
I Shares and Mutual Funds: 7
(a)Shares: Concept of share, face value, market value, dividend, equity
shares, preference shares, bonus shares. Simple examples.

(b)Mutual Funds:
Simple problems on calculation of Net income after considering entry
load, dividend, change in Net Asset Value (N.A.V.) and exit load.
Averaging of price under the Systematic Investment Plan (S.I.P.)

Dept of Mathematics Open 4

Elective Course Syllabus
2023-24
 Parle Tilak Vidyalaya Association's SATHAYE COLLEGE (AUTONOMOUS)

II Interest and Annuity: 7

(a) Interest: Simple Interest, Compound Interest Calculations involving
up to 4 time periods.
(b) Annuity: Annuity Immediate and its Present value, Future value.
Equated Monthly Installment (EMI) using reducing balance method &
amortization of loans. Simple problems involving up to 4 time periods.

III Summarization Measures: 8

(a) Measures of Central Tendencies:
Samples and population (Introduction and Concept only), Definition of
Average, Types of Averages: Arithmetic Mean, Median and Mode for
grouped as well as ungrouped data. Quartiles, Deciles and Percentiles.
Combined and Weighted mean.

(b) Measures of Dispersions:

Concept and idea of dispersion. Standard Deviation, Variance, Combined
Variance.

IV Elementary Probability Theory: 8

(a) Permutation, Combination and Probability Theory:
Introduction of permutations & combinations and Simple problems.
Concept of random experiment/trial and possible outcomes; Sample Space
and Discrete Sample Space; Events their types, Algebra of Events,
Mutually Exclusive and Exhaustive Events, Complimentary events.

(b) Classical definition of Probability, Addition theorem (without

proof), conditional probability, Simple examples
Total 30

Reference Books:
1. Mathematical Basis of Life Insurance By S.P. Dixit, C.S. Modi and R.V. Joshi, Insurance
Institute of India, Chapters 2: units 2.6, 2.9, 2.20 & 2.21.
2. Securities Laws & Regulation of Financial Market : Intermediate Course Paper 8,
Institute of Company Secretaries of India, Chapter 11.
3. Indian Mutual Funds Handbook : By Sundar Shankaran, Vision Books, 2006, Sections
1.7,1.8.1, 6.5 & Annexures 1.1to 1.3.
4. Fundamental of Mathematical Statistics by S C Gupta and V K Kapoor

EXAMINATION PATTERN

Examination (100 Marks):

Dept of Mathematics Open 5

Elective Course Syllabus
2023-24
 Parle Tilak Vidyalaya Association's SATHAYE COLLEGE (AUTONOMOUS)

A) Continuous Internal Assessment (40 Marks):

Sr. Particulars Marks
No.
1 Three class Test of 10 marks to be conducted during each semester in an 30
Offline/Online Mode.

2 Active participation in routine class and Overall Conduct 5+5

Mode of conduct of examination: Online/offline

Internal Exam Paper Pattern:

Test I Unit 1 10 objective type questions out of 10 marks

15 questions of 1 marks each of 30
minutes duration.
Test II Unit 2 10 objective type questions out of 10 marks
15 questions of 1 marks each one
30 minutes duration.

Test III Unit 3 10 objective type questions out of 10 marks

15 questions of 1 marks each thirty
minutes duration

B)External Examination Paper Pattern:

Semester end Entire syllabus 30 objective type questions out of 60 marks

Examination 40 questions of 2 marks each one
hour duration

Dept of Mathematics Open 6

Elective Course Syllabus
2023-24
 Parle Tilak Vidyalaya Association's SATHAYE COLLEGE (AUTONOMOUS)

Board of Studies (BOS)

Sr.
Name Category Affiliation
No.
Head of the
Prof.(Smt.)
1 Department Sathaye College, Autonomous
M.V.Kurambhatti
Chairman
Subject Expert Institute of Chemical Technology (ICT)
2 Dr.Ajit Kumar Outside parent Nathalal Parikh Marg, Matunga,
university Mumbai, Maharashtra, 400019.
Subject Expert NMIMS
3 Dr.Mahesh Naik outside parent V. L, Pherozeshah Mehta Rd, Vile Parle
university West, Mumbai, Maharashtra 400056
D.G. Ruparel College
Dr.( Smt ) Subject Expert
4 Senapati Bapat Marg Mahim, Mumbai
Abhaya Chitre nominated by VC
400016

Industry/corporate Nomura Services India PVT.Ltd.

5 Shri. Rohit Gupta sector/allied area Hiranandani Business Park, Powai,
relating to placement Mumbai 400076

St.Xaviers College
Postgraduate 5, Mahapalika Marg, Dhobi Talao,
6 Smt. Meenal Kolkar
meritorious alumnus Chhatrapati Shivaji Terminus Area, Fort,
Mumbai, Maharashtra 400001
Patkar College
Experts from outside
Swami Vivekananda Rd, Piramal Nagar,
7 Shri. Amit Gawde the college (parent
Goregaon West, Mumbai, Maharashtra
university)
400061
C.H.M.College
Experts from outside
Smt. Urmila Pillay Railway Station Rd, opp. Ulhasnagarmy
8 the college (parent
Railway Station, Yashwant Colony,
university)
Ulhasnagar, Maharashtra 421003
9 Smt. P. M. Sawant Internal Faculty Sathaye College, Autonomous

10 Smt.A.A. Namjoshi Member secretary Sathaye College, Autonomous

Internal Faculty
11 Shri.Rajiv Pathak Sathaye College, Autonomous
(Contractual Basis)

Dept of Mathematics Open 7

Elective Course Syllabus
2023-24