JAI HIND COLLEGE AUTONOMOUS

Syllabus for S.Y.BCom

Course : Banking & Insurance

(BBI)

Semester : IV

Credit Based Semester & Grading System

With effect from Academic Year 2018-19

List of Courses

Course: Banking Insurance Semester: IV

SR.

NO.

COURSE

CODE COURSE TITLE

NO. OF

LECTURES

/ WEEK

NO. OF

CREDITS

SYBBI

1 CBBI401 Financial Management 04 03

2 CBBI402 Cost Accounting

04 03

3 CBBI403 Entrepreneurship Management

04 03

4 CBBI404

Information Technology in

Banking & Insurance II

04 03

5 CBBI405 An Overview of Insurance Sector 03 02

6 CBBI406 Corporate and Securities Law 04 03

7 CBBI407 Business Economics II 04 03

Semester IV

Course

Code:

CBBI401

Financial Management

(Credits : 03 Lectures/Week : 04)

Objectives:

To familiarize students to Working Capital Components and

Management and also to give them exposure about the Financial

Planning, Policies and Strategizing.

Outcomes:

The Students will be able to understand Financial Management and make

Financial Planning. Unit I

Working Capital Management

Management of Working Capital in India

Estimating working capital needs

Operating or working capital cycle

Working Capital Financing: Trade Credit; Bank Credit;

Commercial Papers; Certificate of Deposits (CDs);

Financing.

15 L

Unit II

Management of Components of Working Capital

Management of Cash and Marketable Securities Motives;

Objectives; Factors Determining; Basic Strategies; Techniques /

Processes; Marketable Securities; and Cash Management

Practices in India.

Receivables Management: Objectives; Credit Policies; Credit

Terms; and Collection Policies.

Inventory Management: Objectives; and Techniques.

15 L

Unit III

Financial Planning

Introduction

Meaning and Essentials of Budget

Types of Budget

Advantages of Budgeting

Zero Based Budgeting

Master Budget

Sales Budget, Production Budget, Material Budget, Cash Budget

and Flexible Budget.

15 L

Unit IV Financial Policy and Corporate Strategy

Meaning of Strategic Financial Management

Strategic Financial decision making framework

Functions of Strategic Financial management

Business Risk and Financial Risk

Introduction

Debt v/s Equity Financing

Types of Leverage Investment Objective/Criteria for Individuals/Non Business

Purpose

15 L

Evaluation Scheme

I. Continuous Assessment ( C.A.) - 40 Marks

i. Continuous Assessment 1: Written Test - 20 marks

ii. Continuous Assessment 2 : Written Test / assignments / case studies - 20 marks

II. Semester End Examination ( SEE)- 60 Marks

Course:

CBBI402

Cost Accounting

(Credits : 03 Lectures/Week : 04)

Unit I

Introduction to Cost Accounting –

Objectives and scope of Cost Accounting

Cost centres and Cost units

Cost classification for stock valuation, Profit measurement,

Decision making and control

Coding systems

Elements of Cost

15 L

Unit II

Classification of Cost and Cost Sheet

Classification of costs, Cost of Sales, Cost Centre, Cost Unit,

Profit Centre and Investment Centre

Cost Sheet and Reconciliation of cost and financial accounts.

Note- Practical problems based on preparation of cost sheet

reconciliation of cost and financial accounts

15 L

Unit III

Standard Costing

Various types of standards, setting of standards, Basic concepts

of, Labour and Overhead (Fixed and Variable) variance

analysis.

15 L

Unit IV

Introduction to Marginal Costing

Marginal costing meaning, application, advantages, limitations,

Contribution, Breakeven analysis and profit volume graph.

Note:- Practical problems based on Marginal Costing excluding

decision making

15 L

Evaluation Scheme

I. Continuous Assessment (C.A.) - 40 Marks

i. Continuous Assessment 1: Written Test - 20 marks

ii. Continuous Assessment 2: Report based on Costing of Manufacturing Unit - 20 marks

II. Semester End Examination (SEE) - 60 Marks

Course:

CBBI403

Entrepreneurship Management

(Credits : 03 Lectures/Week : 60/04)

Unit I

The Entrepreneur

15 L

Entrepreneur:

Meaning, Nature, origin and development of entrepreneurship in

India, Need and Importance, Core elements, Principles,

Essentials, Types, Functions, Concept of entrepreneurship

management, Motives behind being an entrepreneur,

Entrepreneurial Process.

Entrepreneurial Values and Attitudes, Dominant characteristics of

successful entrepreneurs, Internal and external factors for

entrepreneurial motivation.

Entrepreneurial Skills, Identifying business opportunities, Role of

creativity in Entrepreneurship, the creative process, the Innovation

process, types of innovation, sources of innovation, principles of

innovation, Sources of Business Ideas.

Unit II

Business Planning 15 L

Forms of Entrepreneurial structures:

Sole Proprietorship-meaning, merits and limitations.

Partnership-Meaning, Forms, merits and limitations.

Corporations-Meaning, merits and limitations.

Limited Liability partnerships and corporations.

Franchising-Meaning, types, merits and limitations.

Critical Factors for starting a new enterprise: Personal,

Environmental, Sociological factors. Problems of a New Venture-

Financial, administrative, marketing, production and other

problems

Business Plan: Meaning, Benefits, Developing a business plan,

Environment scanning, Elements/Areas to be covered in a

Business Plan, Project Report preparation, Contents of a Project

Report.

Unit III

Key Areas of New Ventures

Marketing: New Product Development, Marketing Strategy for

the new venture, Branding strategies, Distribution strategies,

Pricing Strategies, Promotion strategies for new venture, Concept

of Marketing Mix and Market segmentation, Marketing Plan

Operations: Size and location of Enterprise, Layout, Inventory

Control, Quality Control

Finance: Sources of long term and short term finance, Debt fund-

Meaning,Merits and limitations, Equity Fund- Meaning, merits

and limitations, Concept of Break Even analysis, Venture Capital-

Meaning, Merits and Limitations, Criteria for Evaluating New

Venture Proposals by Venture Capitalist

15 L

Human Resource: Personnel Function, Important Labor Laws:

Industrial Disputes Act, Factories Act, Provident Fund Act,

Employee State Insurance Act, Payment of Wages Act, Minimum

Wages Act, Payment of Gratuity Act, other related Actsand Role

of HRD in new ventures

Unit IV

Social Entrepreneurship-

Meaning, Social responsibility of an entrepreneur

Barriers to entrepreneurship: Environmental, economic, non-

economic, personal and entrepreneurial barriers

Intrapreneurship: Meaning, Characteristics, Intrapreneurs

Activities, types of Corporate Entrepreneurs, Corporate V/s

Intrapreneurial culture, Climate, Fostering Intrapreneurial culture,

Promoting Intrapreneurship- Pinchot’s Spontaneous teams and

Formal Venture teams, establishing Intrapreneurial ventures.

Ethics and Entrepreneurship: Defining Ethics, Approaches to

Managerial ethics, ethics and business decisions, Ethical practices

and code of conduct, Ethical considerations in corporate

entrepreneurship.

Institutional Support to Entrepreneurs: Importance, Incentives

and facilities, Entrepreneurship Development Institute of India

(EDI), NSIC, Small Industries Development Organization

(SIDO), National Institute for Entrepreneurship and Small

Business Development (NIESBUD), Others, Key features of

National Policy on Skill Development and Entrepreneurship 2015.

MUDRA Scheme

Make in India

15 L

Evaluation Scheme

I. Continuous Assessment (C.A.) - 40 Marks

i. Project Implementation Report - 40 marks

II. Semester End Examination (SEE) - 60 Marks

Course:

CBBI404

Information Technology in Banking & Insurance II

(Credits : 03 Lectures/Week : 60/04)

Unit I

E-banking Business Models –

E-Banking- Benefits, Classification-(Internet banking, mobile banking, SMS

banking, Electronic Fund Transfer, Electronic Clearing Services, ATM,

NEFT, RTGS,- Models of electronic payments, other business models(Direct

Sales, Advertising, Affiliate, Brokerage, Crowd sourcing, Disintermediation,

Fractionalization, Franchise, Freemium, Leasing, Low Touch, Marketplace,

Pay-as-you-go, Reverse Auction, Subscription

Unit II

Advanced Spreadsheet

MS-Excel: Creating and Using Templates, Manipulating data,

Working with charts, Using formulas and logical operators,

what-if analysis; Using Goal Seek Constants, relative, absolute

&mixed cell references, ( Solve examples based on each

topics)

Statistical Functions: AVERAGEIF (), COUNT (),

COUNTBLANK (), LARGE (), SMALL ().

Nested Functions: IF, Nested IF, SUMIF(), SUMIFS(),

COUNTIF(), COUNTIFS()

Database Functions: VLOOKUP(), HLOOKUP()

Financial Functions: PMT(),PPMT(), IPMT(), PV(), FV(),

IRR(), NPER(), Rate()

Calculation of Interest, Calculation of Installment, Calculation

of Cash Flow etc.(Solve Examples based on each topics)

15 L

Unit III

Graphic Designing

CoralDraw: Getting to know the workspace and fonts, Using

the toolbox, Using colour, Drawing and editing

objects/Creating a greeting card, Letterhead and data merge,

Creating a three-panel brochure for a Business, Making Logos,

Create own logo, Create Packaging etc.

Photoshop: Getting Started, Interface Layout, Palettes,

Toolbox, Basic Image Editing, layers, Saving Editing Images

and Others Effects.

15 L

Unit IV E-Commerce Payments

Introduction- Types of Electronic payment System: Credit

Card, Debit Card, Smart Card, E-wallet, Net Banking, Mobile

Payment, Electronic Fund Transfer(EFT),

Essential requirements for safe e-payments/transactions –

Measures to ensure Security, Security Protocols in Internet,

Credit Card: Features of Credit Cards, Credit Card Payment

Process, Types of Credit Card, Guidelines issued by RBI for

Credit Card

15 L

Evaluation Scheme

I. Continuous Assessment ( C.A.) - 40 Marks

i. Continuous Assessment 1: Practical Test - 20 marks

ii. Continuous Assessment 2: Practicals /presentation/ group discussions/ debates /

assignments / case studies - 20 marks

II. Semester End Examination (SEE)- 60 Marks

Course:

CBBI405

An Overview of Insurance Sector

(Credits 02: Lectures/Week: 03)

Unit I

An Introduction to Life Insurance –

Life Insurance Business – Components, Human Life Value

Approach, Mutuality, Principle of Risk Pooling, Life Insurance

Contract, Determinants of Risk Premium.

Products of LIC – Introduction of life insurance plans -

Traditional Life Insurance Plans – Term Plans, Whole Life

Insurance, Endowment Assurance, Dividend Method of Profit

Participation Purpose of plans , Riders in plan - Introduction,

Forms and procedures

Non Traditional Life Insurance Products (Those of SBI and

ICICI – Introduction, Forms and procedures)

15 L

Unit II

An Introduction to Health Insurance

Health Insurance – Meaning, IRDA Regulations, determinants

of Health Insurance, Health Insurance Market in India and

determinants of Risk Premium

SBI and ICICI Health Insurance Plans - Introduction and

Forms and Procedures of Hospitalization, Indemnity Products, top

up covers, cashless insurance, Senior citizen plans, critical illness

plans and Micro Insurance

15 L

Unit III

An Introduction to Motor Insurance-

Vehicle Insurance- SBI and ICICI Plans-Introduction, Forms and

Procedures, Determinants of Risk Premium, Inclusions and

Exclusions

15 L

Unit IV Role of Insurance in Logistic

Role of Insurance in Logistic - Meaning &Importance, Hazards,

Protection, Social Security – Type of Risks and Accidents

Fire Insurance – SBI and ICICI Plans – Introduction, Forms and

Procedures, Standard Fire and Special Perils Policy, Tariff system

and special policies.

Marine Insurance

Travel Insurance

15 L

Evaluation Scheme

Continuous Assessment (C.A.) - 40 Marks

i. Continuous Assessment 1: Written Test - 20 marks

ii. Continuous Assessment 2: Written Test / class activities such as presentation/ group

discussions/ debates / assignments / case studies - 20 marks

I. Semester End Examination (SEE) - 60 Marks

Course:

CBBI406 Corporate and Securities Law

(Credits : 03 Lectures/Week : 60/04)

Unit I

Company Law – An Overview

Development of Company Law in India

Doctrines Governing Corporates – Lifting the Corporate Veil,

Doctrine of Ultra Vires, Constructive Notice, Indoor

Management, Alter Ego.The Principle of Non Interference ( Rule

in Foss V/s Harbottle) – Meaning , Advantages , Disadvantages &

Exceptions, Majority and Minority Rights under Companies Act

Application of Company Law to Banking and Insurance

Sector - Application of Companies Act to Banking and Insurance

sector governed by Special Acts. S.1(4) of Companies Act 2013

Exceptions provided (S.67(3), S.73(1), S.129(1), 179(3),

S.180(1)(c), S.186, S.189

15 L

Unit II

Regulatory Framework governing Stock Exchanges as per Securities

Contracts Regulation Act 1956

Definition of Securities, Spot Delivery Contract, Ready Delivery

Contract, Stock Exchange.

Corporatisation and demutualisation of Stock Exchange –

Meaning, Procedure & Withdrawal

Power of Recognised Stock Exchange to make rules restricting

voting rights etc

Power of Central Government to Direct Rules or Make rules

Power of SEBI to make or amend bye laws of recognised stock

exchange

Books and Accounts to be maintained by recognized stock

exchange

Grounds on which stock exchange can delist the securities of a

company. (Section 3 to Section 20)

15 L

Unit III

Security Exchange Board Of India

SEBI: Objectives-terms-establishment-powers-functions-accounts

and audit- penalties registration

Issues of Disclosure Investors Protection Guidelines: Pre & Post

obligations-conditions for issue-Debt Security-IPO-E-IPO-

Employee option-right-bonus-preferential allotment intermediary-

operational-promoter lock in period requirements offer document

15 L

Unit IV The Depositories Act, 1996

Depository – Meaning , Benefits , Models, Functions Participants

The Depository Act 1996 – Objectives, Eligibility condition for

depository services, Fungibility, Bye laws of depository,

Governance of Depository and Internal audit of depository

Participants

BSDA and single registration for depository participants

IRDA & RBI

Gift City

15 L

Evaluation Scheme

I. Continuous Assessment (C.A.) - 40 Marks

i. Continuous Assessment 1: Written Test - 20 marks

ii. Continuous Assessment 2: Written Test / class activities such as presentation/ group

discussions/ debates / assignments / case studies - 20 marks

II. Semester End Examination (SEE) - 60 Marks

Course:

CBBI407

Business Economics II

(Credits : 03 Lectures/Week : 60/04)

Unit I

Introduction to Macroeconomic Data and Theory -

Macroeconomics: Meaning, Scope and Importance.

Circular flow of aggregate income and expenditure: closed and

open economy models

The Measurement of national product: Meaning and

Importance - conventional and Green GNP and NNP concepts -

Relationship between National Income and Economic Welfare.

Short run economic fluctuations : Features and Phases of Trade

Cycles

The Keynesian Principle of Effective Demand: Aggregate

Demand and Aggregate Supply - Consumption Function -

Investment function - effects of Investment Multiplier on

Changes in Income and Output

15 L

Unit II

Money, Inflation and Monetary Policy

Money Supply: Determinants of Money Supply - Factors

influencing Velocity of Circulation of Money

Demand for Money : Classical and Keynesian approaches and

Keynes’ liquidity preference theory of interest

Money and prices : Quantity theory of money - Fisher’s equation

of exchange - Cambridge cash balance approach

Inflation: Demand Pull Inflation and Cost Push Inflation - Effects

of Inflation- Nature of inflation in a developing economy.

Monetary policy :Meaning, objectives and instruments, inflation

targeting

15 L

Unit III

Constituents of Fiscal Policy-

Role of a Government to provide Public goods-Principles of

Sound and Functional Finance

Fiscal Policy: Meaning, Objectives - Contra cyclical Fiscal Policy

and Discretionary Fiscal Policy

Instruments of Fiscal policy : Canons of taxation - Factors

influencing incidence of taxation - Effects of taxation

Significance of Public Expenditure - Social security contributions-

Low Income Support and Social Insurance Programmes - Public

Debt - Types, Public Debt and Fiscal Solvency, Burden of debt

finance

Union budget -Structure- Deficit concepts-Fiscal Responsibility

and Budget Management Act

15 L

Unit IV Open Economy : Theory and Issues of International Trade

The basis of international trade : - terms of trade - meaning and

types - Factors determining terms of trade - Gains from trade -

Free trade versus protection

Foreign Investment : Foreign Portfolio investment- Benefits of

Portfolio capital flows-Foreign Direct Investment - Merits of

Foreign Direct Investment - Role of Multinational corporations

Balance of Payments: Structure - Types of Disequilibrium -

Measures to correct disequilibrium in BOP.

15 L

Foreign Exchange and foreign exchange market : Spot and

Forward rate of Exchange - Hedging, Speculation and Arbitrage -

Fixed and Flexible exchange rates- Managed flexibility

Evaluation Scheme

I. Continuous Assessment (C.A.) - 40 Marks

i. Continuous Assessment 1: Written Test - 20 marks

ii. Continuous Assessment 2 : Written Test / class activities such as presentation/ group

discussions/ debates / assignments / case studies - 20 marks

II. Semester End Examination (SEE)- 60 Marks