north maharashtra university, jalgaonapps.nmu.ac.in/syllab/commerce and management/2010-11...

2010

(Grade ‘B’ (2.88) NACC Re‐Accredited)

FACULTY OF COMMERCE & MANAGEMENT

Syllabi

Of

Bachelor of Business Management

Third Year B.B.M.

Semester Pattern

SEMESTER-V (w.e.f.: June-2010*)

North Maharashtra University, Jalgaon

2

North Maharashtra University, Jalgaon (Grade ‘B’ (2.88) NAAC Re‐Accredited)

FACULTY OF COMMERCE & MANAGEMENT New Syllabus: T.Y.B.B.M. (W.E.F. June -2010)

Compulsory Paper: M 5.1: Corporate Accounting and Auditing SEMESTER -V

80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total Marks: 100

Objectives

1. To impart the students, knowledge about accounting treatment of corporate undertakings.

2. To appraise the students about the application of accounting knowledge in the matter of

corporate restructuring.

3. To introduce the concept of Auditing, and the related Auditing and Assurance Standards

Semester ‐ V Section‐I M‐ 5.1 Corporate Accounting 50 Marks Lectures 24

1. Unit‐I Lectures:14

a. Amalgamation Of Companies

i. Concepts of Amalgamation, Absorption, and Reconstruction of companies –

Types of Amalgamation, Amalgamation in the nature of Merger and

Amalgamation in the nature of Purchase ‐ Accounting for Amalgamation –

Pooling of interest method and Purchase method‐ Purchase consideration ‐

Closing the books of the vendor company and opening the books of the

purchasing company and preparation of balance sheet of the new company

– Inter‐company owing and unrealized profit [Refer AS 14 on Accounting For

Amalgamation]

b. Absorption Of Companies

i. Concept of Absorption – Accounting for Absorption –Purchase consideration

‐ Closing the books of the vendor company and recording the transaction in

the books of the purchasing company and preparation of balance sheet after

the absorption of the company – Inter‐company owing and unrealized

profit, Inter‐company holding [Refer AS‐14 on ACCOUNTING FOR

AMALGAMATION]

c. External Reconstruction

i. Concepts of External reconstruction and Internal reconstruction of

companies – Accounting for External reconstruction – Purchase

consideration ‐ Closing the books of the vendor company and opening the

books of the purchasing company and preparation of balance sheet of the

new company –[Refer AS 14]

d. Internal reconstruction – Forms of Internal reconstruction

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i. Re‐organization or Alteration of Share Capital

ii. Reduction of Share Capital & other liabilities. Accounting for internal

reconstruction and preparation of balance sheet of the company after the

internal reconstruction. Subdivision of shares, surrender of shares.

2. Unit‐II

a. Valuation of Goodwill and Valuation of Shares Lectures:04

i. Valuation of Goodwill: Need for valuation

ii. Methods of valuing Goodwill

1. Number of Years purchase of average profits method

2. Capitalization method

3. Annuity method

4. Super profits method

• Refer Accounting Standard (AS) 26 on Intangible Assets

iii. Valuation of Shares: Need for valuation

1. Methods of valuation of shares

a. Net Asserts method

b. Dividend yield method

c. Earning yield method

d. Return on Capital method

e. Price / Earning method

f. Fair value method.

3. Unit‐III Lectures:04

a. Holding company accounts

i. Meaning of Holding Company and Subsidiary Company

ii. Preparation of the consolidated balance sheet of the Holding company along

with its subsidiary company

iii. Analysis of profit of subsidiary company on consolidation cost of control or

goodwill on consolidation. Inter‐company debts, unrealized profit, inter‐

company holding‐ (one subsidiary only)

• [Refer to the relevant provisions of the Companies Act, 1956, and AS‐

13 on ACCOUNTING FOR INVESTMENT, paragraph relevant to cost of

Investment, AS‐21 on Consolidated Financial Statements]

Auditing: Objectives

1. To introduce the concept of audit, its types and the basic principles governing Audit to the

students.

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2. To introduce the Auditing & Assurance Standards

Semester – V Section: II Part – II Auditing 50 Marks Lectures:24

1. Nature of Audit Lectures:06

a. Meaning, Definition, Nature Scope, and Objectives of Audit ‐ Advantages and

Limitations of audit, Relationship of auditing with other subjects, Auditing and

Investigation.

b. Professional pronouncements in India, Basic principles governing an audit, planning

an audit.

c. Auditing and Assurance Standards (AAS) – meaning, scope, Auditor & AAS

d. Elementary study of [1] AAS‐1 on “Basic Principles Governing an Audit”. [2] AAS‐2 on

“Objectives and scope of the Audit of Financial Statements”, [3] AAS‐4 on “Auditor’s

responsibility to consider Frauds & Errors in an Audit of Financial Statements”

2. Types of audit Lectures:06

a. Internal Audit, Statutory Audit, Continuous Audit, Annual Audit, Interim Audit,

Balance Sheet Audit, Tax Audit, Cost Audit, Efficiency Audit, Government audit

3. Company auditor Lectures:06

a. Provisions regarding qualifications disqualifications, appointment & removal of

auditor as per the Companies Act, 1956, Rights, duties, and liabilities of company

auditor. Professional conduct and ethics

4. Investigation Lectures:06

a. Meaning, nature and objects of Investigation – Investigation

i. at the time of purchase of business ,

ii. at the time of admission of a new partner,

iii. at the time of granting loan,

iv. for detecting grants,

v. at the time of determination of tax liability,

vi. Statutory Investigation

Books Recommended: Corporate Accounting

1. Advanced Accountancy – Vol. II , R. L. Gupta & M. Radhaswamy, Sultan Chand & Sons

2. Advanced Accounts, M. C. Shukla, T. S. Grewal & S.C. Gupta, S. Chand & Co Ltd.

3. Advanced Accounting – II, Dr. S. N. Maheshwari & Dr. S. K. Maheshwari, Vikas Publishing

House, New Delhi

4. Advanced Accounts ‐ Jain and Narang ‐ Kalyani Publishers, Ludhiana

5. Accountancy, Volume‐I and II, Sr. K. Paul , New Central Book Agency, Kolkata

6. Accounting Theory, R. K. Lele and Jawaharlal, Himalaya Publishers

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7. Accounting Theory, Dr. L. S. Porwal, Tata McGraw Hill.

8. Accounting Text & Cases, Robert Anthony, D. F. Hawkins & K. A. Merchant‐ Tata McGraw

Hill

9. Corporate Accounting, Dr. S. N. Maheshwari, Viakas Publishing House Pvt. Ltd. New Delhi

10. Advanced Accounting, Dr. Ashok Sehgal & Dr. Deepak Sehgal: Taxmann, New

Delhi.

Suggested Readings: Auditing

1. Tondon : Practical Auditing

2. Fundamentals of Auditing, Kamal Gupta & Ashok Arora, Tata McGraw Hill

3. Batra & Bangardia : Text Book of Auditing, TMH, New Delhi.

4. Saxena & Saravaravel : Practical Auditing, Himalaya Publishing House, Bombay.

5. Saxena, Reddy : Essentials of Auditing, Himalaya Publishing House, Bombay.

6. Kurt Pany : Auditing, TMH, New Delhi.

7. D. R. Camichael : Auditing : Concepts and Methods, TMH, New Delhi.

8. Stettler Howard : Auditing Principles, PHI, New Delhi.

9. L. K. Shukla : Auditing- Principles & Practice, Taxmann Law’s New Delhi.

10 T. R. Sharma : Auditing.

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FACULTY OF COMMERCE & MANAGEMENT New Syllabus: T.Y.B.B.M. (W.E.F. June -2010) Compulsory Paper: M- 5.2 Income Tax Law

SEMESTER -V 80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total Marks: 100

Objectives

1. To expose the students to the various provisions relating to Income Tax.

2. To impart working knowledge of the Income Tax Act 1961 and basic concepts of Tax to the

students.

3. To enable them to compute Income and Tax under the Act.

Semester ‐ V M‐ 5.2 Income Tax Act 100 Marks Lectures : 48

1. Introduction :The Income Tax Act 1961 10

a. Basic concepts : Agricultural income, Assesses, Assessment year, Average rate of tax,

Income, Person, Gross total income, Previous year, Charge of income Tax; Capital

and Revenue Receipts, capital or revenue expenditure, Head of Income, Exempted

Incomes (concerned with salary only)

b. Residential Status: Rules for determining residential status of Individual, HUF, Firm

and Company, need to determine residential status, Incidence of tax and residential

status, Practical problems concerning individual only.

c. Income from Salary : Salary, Allowances, perquisites and retirement benefits,

deductions, computation of salary income, Practical problems on computation of

salary income, Deduction of tax at source

2. Unit‐II : 12

a. Income from House Property: Annual Value, let out property, self‐occupied

properties, deductions, computation of house property income.‐ Practical problems

on computation of income from house property.

b. Income from Business and Profession : Depreciation and other permissible

deductions, Disallowable expenses, income and expenses of illegal business,

computation of Business income, Deduction of tax at source, Computation of

incomes of Doctors, Lawyers, Chartered Accountants, Practical problems

3. UNIT – III 08

a. Capital gains: Meaning of Capital assets, types of capital assets, transfer, cost of

acquisition, cost of improvement, selling expenses, treatment of advance money

received, exemptions, computation of capital gains.

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b. Income from other sources: Specific income, deductions, grossing‐up, computation

of income from other sources, practical problems, Deduction of tax at source.

4. UNIT IV 08

a. Clubbing, aggregation and set off: Clubbing of Income Transfers Income of

individual to include income of spouse etc. Liability of person in respect of income

included in the income of another person aggregation of income set off losses;

b. Set off and carry forward of losses and unabsorbed expenses: Inter source

adjustment and inter head adjustment of losses. Carry forward and set off of losses

of house property, business, speculation loss, losses of partnership firms. (Theory

only)

5. Unit V : 10

a. Deductions from Gross Total Income ‐ Deductions available to individual under

sections 80C, 80CCC, 80CCE, 80D, 80DD, 80E, 80G, 80GG, computation of total

income. Practical problems

b. Assessment of an Individual: Procedure for computing total income, rates of tax,

practical problems.

Note – The Academic Year of the examination shall be the Assessment Year for study of different

provisions of the Act

Suggested Readings

1. Vinod K. Singhania :Students’ Guide to Income Tax, Taxmann Publications, Kapil Singhania

New Delhi.

2. Mehrotra : Income Tax Law & Accounts, Sahitya Bhavan, Agra.

3. Bhagavati Prasad : Law and Practice of Income in India, New Age International Publishers,

New Delhi.

4. Government of India‐ Income Tax Manual

5. Income Tax Act and Latest Finance Act

6. Dr. Girish Ahuja & Ravi Gupta : Direct Taxes Bharat Publications

7. Shri. T.N. Manoharan : Direct Taxes, Snow White Publications.

Note – Latest editions of the books containing provisions relevant to the Assessment Year under

study be referred.

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North Maharashtra University, Jalgaon ((Grade ‘B’ (2.88) NAAC Re‐Accredited)

FACULTY OF COMMERCE & MANAGEMENT New Syllabus: T.Y.B.B.M. (W.E.F. June -2010) Elective Paper: M- 5.3.1 Corporate Laws

SEMESTER – V 80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total Marks: 100

Objectives

1. To develop an understanding of the corporate regulatory framework, and to provide basic

understanding of the various corporate laws.

2. To introduce the basic measures taken by the SEBI for Investors protection.

3. To provide conceptual understanding of the principles of corporate regulations.

Semester‐V M‐ 5.3.1 Corporate Laws 100 Marks Lectures: 48

1. The Securities Contract (Regulation) Act 10

a. The Securities Contract (Regulation) Act 1956 ‐ Recognition of stock

exchanges – Role of stock exchanges Listing of securities‐ Trading of

securities – Penalties & Procedure.

b. The Security and Exchange Board of India Act 1992. ‐ Establishment of SEBI

– Powers and functions of SEBI ‐ Salient features of Guidelines issued for

Investors protection (Brief study).

2. The Consumer Protection

a. The Consumer Protection Act, 1986 ‐ Scope, Objectives, Need , Definition

of ‘Consumer’, Complaint, Complainant, Goods and Services, Provisions

relating to Consumer Disputes, Redressal Machinery.

b. Consumer protection Councils,

c. Introduction to Public Interest legations in India

d. Competition Act‐2002‐ Need – Objective – Competition Commission of

India – its role ‐ powers functions.

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3. The Industries (Development and Regulation) Act, 1951

a. The Industries (Development and Regulation) Act, 1951 ‐ Scope &

Objectives, Definitions‐Ancillary industrial undertaking, factory, Small scale

Industrial Undertaking, Scheduled Industry. — Regulation of Scheduled

industries.

b. The Monopolistic and Restrictive Trade Practices Act, 1969. —Scope &

objectives, Definitions of Monopolistic Trade Practice, Restrictive Trade

Practice and Unfair Trade Practice.

10

4. The Trademarks Act & FEMA

a. The Trademarks Act, 1999 Scope / objectives. ‐ Definitions : Trade Mark, 8

9

Procedure for registration of Trade Marks, Infringement of Trade mark,

passing off action.

b. Foreign Exchange Management Act, 2000: Definitions and salient features

of the Foreign Exchange Management Act, 2000, Penalties under the

FEMA.

5. Information Technology Act,

a. Information Technology Act, 2000: aims and objectives – a brief overview

of the Act – Contents of legislation –Variation by agreement –writing –

signature – original evidence [Indian Law] –electronic records, digital

signatures, Attribution, Acknowledgement, Dispatch of electronic record –

Duties of subscriber. Penalties, Offences ‐ Study of Sections 1 to 16, Section

35 to 47 and Section 65 to 78 of the Act.

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Reference books ‐

1. E‐commerce – C.S.V. Murthy, Himalya Publishing House

2. Guide to Cyber Laws – By Rohnay D. Ryder [Wadhwa, Nagpur]

3. E‐commerce – The cutting edge of business – K. Bajaj and Nog TMH.

4. Information Technology in business – J. A. Senn – Prentice Hall

5. Cyber Laws – Justice Yatindra Singh, Universal Law Publishing Co.

6. Text book on Intellectual property rights – N. K. Acharya, Asia Law House.

7. Corporate Law‐ Bharat Law House Prt Ltd. New Delhi.

8. Kapoor.N.D.‐ Business Law, Sutan Chand and Sons.,New Delhi.

9. Chandha.P.R. – Business Law, Galgotia, New Delhi.

10. Bhulchndani. S.‐ Business Law, Himalaya Publishing House, Mumbai.

11. Business Laws, P.C. Tulsian, Tata McGraw Hill

12. Business and Corporate Laws, N.D. Kapoor, Sultan Chand & Sons

13. Foreign Exchange Management Act, 1999, H. Chakraborty, Oxford University Press, Calcutta

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Elective Paper: M- 5.3.2: Entrepreneurship Development

SEMESTER – V 80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total Marks: 100

Semester‐V M- 5.3.2: Entrepreneurship Development 100 Marks Lectures:48 1. Entrepreneurship: Lecturer: 04

A. Definition – Nature and Characteristics of Entrepreneurships

B. Evolutionary Approach

C. Perception, Risk Taking and Innovation.

D. Entrepreneur as A Business Leader

2. Role Of Entrepreneur Lecturer: 04

A. Growth and Development In Economic Development

B. Increasing Risk Bearing Capacity

C. Innovation and Decision Making Process Of An Entrepreneur

D. Financial Management of The Business

3. Types of Entrepreneurs Lecturer: 06

A. Initiative and Fabian Entrepreneur

B. Drone Entrepreneurs

C. Entrepreneurs by Inheritance and Merits

D. Individual and Institutional Entrepreneurs

E. Technologist Entrepreneurs

F. Private Sector Entrepreneurs and Public Sector Entrepreneurs

G. Industrial Entrepreneurs

H. Professional & Agricultural Entrepreneurs

4. Functions of Entrepreneurs Lecturer: 07

A. Basic Object of Entrepreneurs

B. Innovation

C. Risk Taking

D. Decision Making

E. Organization Building

F. Financial and Marketing Management

G. Managerial Functions – Planning – Director – Leadership – Control – Co‐Operation

5. Factors Affecting Entrepreneurial Development Lecture: 02

A. Personal Factors – Family Background

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B. Socio‐Economic Factors

C. Cultural and Political Factors

D. Educational and Technological Factors

E. Psychological Factors

6. Entrepreneurial Development Programme Lecturer: 06

A. Concept – Entrepreneurial Developments

B. Objectives of E.D.P.

C. Phases of E.D.P.

D. Components of Training In E.D.P.

E. Importance of E.D.P.

F. Entrepreneurial Development Movement

G. Evaluation of E.D.P.

7. Project Report Lecturer: 04

A. Meaning & Importance and Contents Of Project Report

B. Scope of Project Report

C. Estimation of Earnings

I) B.E.P.

Ii) Cash Flow Statement.

D. Estimation of Working Capital

8. Entrepreneurship in Small Scale Sector Lecturer: 15

A. Concept

B. Motivation of Small Entrepreneurs

C. Remedies Implemented By the Govt. For Development of Small Sector.

I. The National Institute Of Entrepreneurs and Small Business Development

Ii. National Small Industries Corporations

iii. Maharashtra Small Industries Corporations

iv. Small Industries Development Bank Of India

v. Small Industries Service Institute

vi. Maharashtra State Finance Corporation

vii. Maharashtra State Industrial Development Corporation

viii. Maharashtra State Industrial And Investment Corporation

ix. Maharashtra Industrial And Technical Consultancy Organization

x. Maharashtra Centre For Entrepreneurship Development

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Elective Paper: M- 5.3.3: Business Ethics & Corporate Governance SEMESTER – V

80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total Marks: 100 Total lectures: 48

Semester‐V Section‐ I M‐ 5.3.3 Business Ethics 100 marks Lectures : 24 1. Business Ethics : Introduction Lectures 10

a. Meaning, Scope, Importance, advantages of business Ethics.

b. Factors influencing business ethics,

c. Business Ethics in practice, Unethical practices in business, Principles of business

ethics.

d. code of business ethics,

e. Business ethics & Professionalism.

f. Sources of ethics,

g. morality & ethics, understanding moral characters, Descriptions of characters.

h. Social Responsibility of business.

2. Social Culture & Individual Ethics. Lectures : 08

a. Gandhi on customer & Trusteeship.

b. Great Social Sins.

c. Moral climate & business.

d. Distributive justice.

e. Individual Freedom & organization.

f. Societal Verses organizational versus personal interest.

g. Resolution of ethical dilemmas & conflicts of interest.

h. The consequences of unethical Behaviour to the individual.

i. Organisational influence on characters development.

j. Discrimination based on gender, caste race etc.

k. Ethics in health care information technology & in advertising.

l. Holistic relationship between man & nature.

3. Work Culture : Lectures : 06

a. Sanctity of work place,

b. Handling group conflict,

c. consensus building

d. Reward & promotion processes demonstrate Ethical behaviors,

e. Safeguard of health of employees & customers, Occupational Hazards & job

Accident, need for security healthy competitions & corporations

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f. Bounded labours, Child labour,

g. Discriminations & Harassment,

4. Semester‐V Section‐ II M‐ 5.3.3:Corporate Governance 100 marks Lectures : 24

5. Fundamentals Of Corporate Governance: Lectures 12

a. Governance i. Concept, Meaning, Relevance and ,Principles ii. Needs, Emergence & Benefit of Governance.

b. Corporate Governance i. Impact of Corporate Governance ii. Good Practices Of Corporate Governance iii. Parties to Corporate Governance.

c. Obligations to Stakeholders, Society, Employees & Customers Fair Trade Practice d. Corporate Governance Mechanisms & Controls. e. Internal Corporate Governance Control. f. External Corporate Governance Control. g. Quality of Product. h. Nareshchandra Committee Report 2002. i. Narayan Murthy Committee Report 2003. j. Corporate Governance Rating.

6. Corporate Governance Practices: Lectures 12 a. The Mission Statement of the Corporate. b. Role of Regulators & Ombudsman. c. Role of Accountants in Corporate Governance. d. Professional Code of Conduct. e. Disclosure & Transparency. f. Intellectual Property Rights. g. Designs h. Patents i. Trade Marks j. Copy Right

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FACULTY OF COMMERCE & MANAGEMENT New Syllabus: T.Y.B.B.M. (W.E.F. June -2010) Elective Paper: V M- 5.4.1 Retail Management

SEMESTER -V 80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total marks: 100

Semester : V M- 5.4.1 Retail Management 100 Marks lectures:48 1. Introduction To Retail Management 08

a. Meaning Of Retail Management

b. Types Of Retailers

c. Drivers Of Retail Change In India

d. Theories Of Retail Development

1. Cyclical Theory

2. Environmental Theory

3. Conflict Theory

e. The Retail Life Cycle Theory

2. Retail Market Strategy & Consumerism 08

a. Meaning Of Retail Market Strategy

b. Strategic Retail Planning Process

c. International Marketing

d. Consumerism & Ethics In Retailing

3. Retail Location Strategies / Retail Store Location 08

a. Types Of Retail Location

i. Freestanding / Isolated Store

ii. Part Of Business District / City Or Town Location

iii. Part Of Shopping Center / Shopping Malls

b. Steps Involved In Choosing A Retail Location

i. Market Identification

ii. Determining The Market Potential

iii. Identify Alternate Sites & Select The Site

c. Methods Of Evaluating A Trading Area

d. Trends In Retail Property Development In India

e. Factors Affecting The Location Of Retail Outlet

4. Retail Store Planning Design & Layout 08

a. Store Planning

b. Location Planning

c. Store Design

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d. Importance Of Store Design & Advantages

e. Constraints In Store Design

5. Retail Pricing & Evaluating Merchandise Performance 08

a. Concept Of Retail Price

b. Element Of Retail Price

c. Determining The Price

d. Importance Methods Of Pricing, Pricing Strategy

6. Customer Relationship Management 08

a. Meaning Of Customer Relationship Management (CRM)

b. Importance Of CRM Process

c. A Model Of Relationship Based Buying, Modern Concept Of CRM

d. Relationship Based Buying

e. Steps Involved In The CRM Process

f. Role and Application Of I.T. In CRM

Reference Books:

1) Retail Management – Suja Nair

2) Retail Management Text & Cases – Swapna Pradhan

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FACULTY OF COMMERCE & MANAGEMENT New Syllabus: T.Y.B.B.M. (W.E.F. June -2010) Elective Paper: M- 5.4.2 Financial Instruments

Semester -V 80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total Marks: 100

Semester : V M- 5.4.2 Financial Instruments 100 Marks Lectures: 48 1. Equity Capital Market : Lectures:6

a. Meaning & Kinds of Capital Market

b. Share Capital : Equity shares, Right shares, Reasons for right issue, advantages of

right issue, valuation of right, valuation of shares after right issue, bonus shares,

advantages & disadvantages of bonus issue, impact of bonus issue decision

c. SEBI guidelines on bonus issue, preference shares, kinds of preference shares,

founders shares, sweat equity shares, non‐voting shares.

2. Debt Market Instruments Lectures:6

a. Debentures, Kinds of debentures, distinction between debentures and share

capital, valuation of convertibles, corporate bonds.

b. Hybrid Debt Instruments: Zero interest bonds, equity warrants with NCDs,

Secured Premium notes, deep discount bonds Zero coupon convertible Notes,

step up & step down debentures, coupon stripping, debt or equity swaps, junk

bonds, mezzanine debt, floating rate bonds.

3. Dividend & Retention Politics: Lectures:6

a. Meaning and kinds of dividend, determinants of dividend policy constant

dividend payout policy, constant dividend rate policy, optimum dividend policy.

4. Money Market Instruments: Lectures:6

a. Meaning & characteristics of money market

b. Treasury bills, central Govt. securities, state Govt./Public sector, municipality

issued securities

c. Commercial Paper, Certificate of deposit, bills rediscounting, call money,

repurchase agreements, interbank participation certificate

5. Derivatives: Lectures:6

a. Meaning & Characteristics, Importance of derivatives.

b. Spot & forward contract, futures contract, forward contract Vs future contract,

features of future contract, participants in future market. Commodity

exchanges, commodity futures.

6. Options Contract: Lectures:6

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a. Meaning, features, Swaps

b. Difference between futures & options, call and put option, interest rate swaps,

currency swaps, types of risks in derivatives, risk management through

derivatives.

7. Capital structure decisions: Lectures:6

a. Meaning, optimum capital structure, factors determining optimum capital

structure, Modigliyani And Millar approach and its criticism (theory)

8. Introduction to International financial instruments Lectures:6

References

1. Financial Management, Comprehensive book with case studies by R.M.Kishore, Taxmamm

Publication.

2. Financial Management by Prasanna Chandra

3. Financial Management by Khan & Jain

4. Financial Management by P.V.Kulkarni

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Elective Paper: M- 5.4.3: Industrial Relations SEMESTER -V


Objectives 1. To acquaint the student to develop an understanding of the legal framework of

industrial & labour laws. 2. To impart the students with the knowledge of laws & how law affects the industry &

labour. Semester : V M- 5.4.3: Industrial Relations 100 Marks Lectures – 48

1. Industrial Relations Lectures 6

a. Industrial Relation – Definition, Importance & Scope.

b. Trade Union – Growth, Objective, Function & Role In Globalize Content

c. Governmental Measures – Ministry Of Labour, Commissioner Of Labour,

d. Deputy Commission & Labor Offices.

e. Labours Management – Role Of Personnel & Industrial Relations Manager In

Promoting & Establisher Peaceful Industrial Relations.

2. Employment and Indian Labor Lectures 6

a. Introduction – Early Industrialization – Post‐Independence Industrialization

b. Recent Trends

c. Employment Policy And Unemployment

d. Effect On Industrial Relations

e. Indian Labour :Conditions Of Labour

3. Industrial Disputes Lectures 6

a. Nature Of Industrial Dispute

b. Causes Of Industrial Dispute

c. Types Of Conflict Resolution – Statutory & Non Statutory

d. Collective Bargaining – Meaning, Characteristics, Need, Importance,

e. Process, Pre‐Requisites.

4. The Industrial Disputes Act, 1946 Lectures 6

a. Definitions,

b. Authorities Under The Act, Power & Duties On Authorities

c. Strike & Lockout, Lay‐Off And Retrenchment

d. Grievance Redressal Machinery

5. Workers Participation In Management Lectures 6

a. Concept & Pre‐Requisites

19

b. Forms & Levels Of Participation

c. Benefit Of Workers Participation In Management

d. Role Of Workers Participation In Labour Welfare & Industrial Hygiene

e. Causes Of Industrial Dispute

f. Types Of Conflict Resolution – Statutory & Non Statutory

6. Human Resource Management And Industrial Relations Lectures 6

a. Indian Concepts

b. HRM Practices In India

c. HRM And Industrial Relations

d. Trade Union Response

e. Contradictions

7. Rationalization And Voluntary Retirement Lectures 6

a. Rationalization Policy

b. Union Opposition

c. Voluntary Retirement Schemes (VRS)

d. Alternative Approaches

e. Consequences Of VRS

f. Role Of Personnel In VRS

8. Grievance Handling and Labour Welfare Lectures 6

a. Grievance Handling

b. Causes Of Grievances

c. Formal Systems

d. Labour Welfare

e. Concept Of Labour Welfare

f. Welfare Provisions

g. Social Security

20



Elective Paper: V M- 5.5.1 Management Accountancy – I SEMESTER -V


Objectives

1. The objective of this paper is to familiarize the students with the Tools and Skills of

Decision making in Management accounting.

Semester ‐ V M‐ 5.5.1 Management Accountancy – I 100 Marks Lectures:48

1. INTRODUCTION 6 hours

a. Management Accounting ‐ Introduction: Definition and Scope of Management

Accounting – Objectives, Advantages and disadvantages – Management Accounting

Vs. Financial Accounting and Cost Accounting – Employment of Management

Accounting ‐ Definition and Scope – Role of Management Accountant – Controller

functions – Management of services – Management information systems.

2. FINANCIAL STATEMENT ANALYSIS 10 hours

a. Financial Statement Analysis: Meaning of Financial statements, advantages, and

limitations thereof – different types of financial statements, Analysis and

Interpretation of Financial Statements– Preparation and presentation of financial

statements, Comparative Statements and Common‐size Statements and Trend

Analysis.

3. RATIO ANALYSIS 12 hours

a. Ratio Analysis: Meaning of ratio analysis – Classification of ratios – Advantages and

limitations of ratio analysis – Computation and interpretation of different accounting

ratios ‐ Liquidity, Profitability, Turnover ratios and Solvency ratios. Preparation of

income statement and Balance Sheet with ratios.

4. Working Capital Analysis 10 hours

a. Working Capital: Concept of Working Capital, Importance of working capital –

Estimation of working capital requirement ‐ Funds Flow and Cash flow statements –

Uses and limitations – Concept of cash – Construction of Cash flow statement as per

Accounting Standard No.3.

5. FUNDS FLOW ANALYSIS 10 hours

21

a. Fund Flow Analysis – Concept of fund and Funds flow statement, Uses and

significance of funds flow statement procedure for preparing FFS, Schedule of

changes in working capital, Statement of sources and application of funds

Reference Books

1. R. N. Anthony , G. A. Walsh: Management Accounting

2. M. Y. Khan. K. P. Jain: Management Accounting

3. I. M. Pandey: Management Accounting (Vikas)

4. J. Betty: Management Accounting

5. Sr. K. Paul: Management Accounting

6. Dr. Jawaharlal: Management Accounting

7. Man Mohan Goyal: Management Accounting

8. S. N. Maheshwari: Principles of Management Accounting

9. Ravi M. Kishore: Financial Management (Taxmann, New Delhi)

10. R. K. Sharma and Shashi K. Gupta: Management Accounting

11. Richard M. Lynch and Robert Williamson: Accounting for Management Planning and

Control

12 Ravi Kishor: Advanced Management Accounting (Taxmann)

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Elective Paper: M 5.5.2: System Management and ERP‐I SEMESTER -V


Objectives

1. The objective of this paper is to familiarize the students with the Tools and Skills of

Decision making in Management accounting.

Semester ‐ V M 5.5.2: System Management and ERP‐I 100 Marks Lectures:48

1. System Concepts 08

a. Meaning , Characteristics, Types & Importance of System

b. Introduction to Components of System,

c. Concepts of Sub System,

d. Feedback control loops.

e. Business as a System

2. Software as a System 10

a. Definition &Types of Software,

b. Characteristics & Components of Software,

c. Software process,

d. Software Myths & Software Crisis,

e. Software Life Cycle model: Waterfall, Prototype, RAD models and Spiral Model

3. Software Requirement Analysis and Specification 12

a. Problem Analysis, DFD, Data Dictionary, ERD,

b. Software requirement and specification: Behavioral and Non Behavioral requirement

4. Introduction to ERP 10

a. Meaning, Need, Merits & Demerits of ERP

b. Concepts of ERP related technologies

i. MRP I and MRP II

ii. Management information system (MIS)

iii. Data warehousing and Data Mining

iv. Supply chain Management (SCM)

v. OLAP (On Line Analytical Processing)

5. ERP implementation lifecycle 08

a. Evaluation and selection of ERP Package

b. Project Planning

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c. Implementation

d. Team training and testing

e. End user training

f. Going Live

g. Post evaluation and maintenance

h. Risks associated with ERP

i. Problems in Implementing ERP

REFERENCE BOOKS

1. Enterprise Resource Planning – Alexix Leon

2. ERP – TATA McGraw Publication

3. ERP Ware: ERP implementation Framework – V. K. Garg & N.K. Venkitakrishnan

4. Software Engineering – Roger Pressman

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Elective Paper: M.5.5.3: Import‐Export Management ‐ I SEMESTER -V


Semester ‐ V M.5.5.3:Import‐Export Management ‐ I 100 Marks Lectures:48

1. Import Trade

a. Deliration ,Meaning need & Importance of foreign Trade

b. Need for special procedure of Import & Export Trade

c. Import Trade Organization

d. Procedure of Import Trade

e. Documents required for Import

f. Licensing

g. Distinction between Home Trade & foreign Trade

2. Export Trade

a. Definition meaning Need for export

b. Export promotion Difficulties & measures to overcome

c. Organization of export

d. Export Trade Procedure

e. Documents for export

f. Export Promotion

g. Methods of financing foreign Trade

h. Institutional financing

3. India’s Foreign Trade policy & Regulation

a. Foreign Trade Policy 2004‐2009, salient features

b. Regulation & Development of foreign Trade

c. Foreign Trade (Development & Regulation )Act

d. Export Promotion Export Promotion measures

e. EOUS, EPZS, AND SEZS

f. International Trade financing

g. Institutional Finance for export

h. EXIM Bank

i. Export credit Risk Insurance

j. Balance of payment

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4. Export Pricing

a. Export pricing and cost factor

b. Export pricing & market imperatives

c. Export pricing & pricing objectives

d. Composition of export pricing

e. Price quotations

f. Export assistance its Relevance in Export pricing

g. Marginal costing & Export pricing

5. Introduction to Export marketing

a. Definition, concept need, Elements of Export Marketing

b. International marketing –meaning ,Objectives of in transactional business, International

marketing vs. domestic marketing,

c. Intonation orientations, International marketing delusions

‐BOOK’S SUGGESTED

1. International Trade & Export management Francis cherunilam Himalaya Publishing house

(sixteenth edition 2008)

2. International Trade & Payments : Genaro c.da costa‐ Himalaya publishing’ (First edition

2004)

3. Export Management ‐ T.A.S Balagapal Himalaya Publishing House (fourteenth revised

edition 1999)

4. Export Import Procedures and Documentation Acharya & jain Himalaya publishing (First

edition jan. 2003)

5. International Trade (Policies &Prospectives in developing economy ) Dr. M.J Mathew

Prateeksha Publications Jaipur (First Edition )

6. Business Practices: Dr. P.C Pardeshi Sheth Publishers pvt ltd. Pune

7. A Study of world Trade Organization: K.R Gupta Atlantic Publishers & Distribution New Delhi

26


FACULTY OF COMMERCE & MANAGEMENT New Syllabus: T.Y.B.B.M. (W.E.F. June -2010) Compulsory Paper: M 5.6: Competitive Skills

SEMESTER - V 80+20 Pattern: External Marks 80 +Internal Marks 20 = Maximum Total marks: 100 Semester - V M 5.6: Competitive Skills 100 marks lectures : 48 1. Basic Human Skills (Lectures:4)

a. Introduction To Human Skills

b. Types Of Human Skills, ‐Reading, Writing, Learning ‐ Basic Abilities

c. The Need Of Developing Managerial Skills

d. Classification Of Skills: Technical, Human And Conceptual

e. Other Skills :Social, Diagnostic, Inter‐Personal Skills

2. Book Or Periodical Review (Lectures:3)

a. Review Of A Book Or Periodical Relating To Biography/Autobiography Of A

Successful Entrepreneurship, Management, Co‐Operation, Etc.

• A Teacher Is Expected To Explain A Book Review Technique To The Students

• Students Are Expected To Write One Book & One Periodical Review In Their

Respective Journals.

3. Interview Technique (Lectures:12)

a. Appearing For The Purposes Of Interview To Be Given

b. Pre, During & Post –Interview – Behavior Mind‐Set

c. Appearance & Dress –Essential To Make The Interview Successful

• (Conducting Mock Interview By The Teacher, Or Arranging Campus Interview With The

Support From Commercial Organization Or Ngo’s , For Different Purposes Like –

Selection , Promotion, Performance Appraisal, Exit Opinions, Counseling Etc, The

Student Shall Write The Report Based On The Interview Given In The Journal.)

4. Group Discussion (Lectures:8)

a. Definition And Process

b. Scientific & Participative Tool Of Decision Making

c. Collective Wisdom ,Opinion Pooling ,Culmination In To Consensus

d. Criteria For Judging The Performance Of Participant.

e. Collide Lines – Helpful Expressions – Evolution.

• Two Groups Should Be Of 10 Students. In One Practical Two G.D Of 15 Minutes Each Is

Arranged.

• Every Student Is Expected To Take Part In G.D. As Per The Instructions Of A Teacher.

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• Every Student Should Have To Observe All G.D. Conducted In The Classroom.

• Every Student Is Expected To Write A Report Of At Least Two G.D. (Observed By Him) In

His Journal.

5. Presentation Skills (Lectures:10)

a. Importance Of Presentation Skills

b. Capturing Data

c. Voice & Voice Modulation

d. Picture Integration

e. Body Language

f. Audience Awareness

g. Presentation Plan and Visual Aids

h. Forms Of Layout

i. Styles of Presentation.

i. Oral

ii. Model Building

iii. Using Electronic Devices

iv. Using OHP

v. Using Print Material.

(The student should make at least One/ Two presentation relating to a specific topic

before the class during the year & write the report based on the presentation in the

journal, which shall form part of the practical examination.)

6. Report Writing (Lecturs:3)

a. Effective written communication, Significance and Contents

b. Form and Purposes of report

c. Process of report writing

d. Expected Audience

e. Reader Guidelines for Reporting

f. Presentation of the report

g. Criteria for judging the effective report Writing.

(The student shall write the report in the Journal based on the issues arising around the

world including the economic activities, relating to a specific subject after gathering the

facts, figures, information & other relevant material, relating to the issue under study such

as Technical Reports, Management Reports, Search Reports, Fact finding Reports etc.)

7. Seminar (Lecturs:3)

a. Preparation for seminar

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b. Conducting seminar

c. Organizing Conference

d. Writing & Presentation of paper

(For this purpose, A student is expected to present his views on any one topic selected out of

the topics given to them, The duration of the presentation of paper should be maximum 15

minutes. The list of his presentation is to be written in journal.)

8. Oral Communication Skills (Lecturs:5)

a. Giving Speeches & Oral presentation

b. Preparing to speak

c. Developing formal Speeches & Presentation

d. Extempore or Impromptu Speech.

END