Objectives...MarginalCosting and Absorption Costing, Income Measurement under Marginal Costing and Absorption Costing 5 Decision making: Costs for decision making, variable costing

School of Commerce and Management Studies Programme: B.Com

Course Code: XCM401 Second Year-Semester - IV

Course: Management Accounting

L T P C

4 1 -- 5

Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

Objectives :

1 To understand the difference between the various branches of Accounting.

2 To understand the importance of Budgetary control in Management Accounting.

3 To understand the Importance of Standard costing in Cost Control.

4 To understand the Importance of Marginal Costing in Decision Making.

5 To know the different dimensions of cost in various decision making.

Course Outcomes Domain

Level

CO1

Students will understand the difference between the various

branches of Accounting. Cognitive

Understand,

Remembering &

Apply

CO2 Students will understand the importance of Budgetary control in

Management Accounting.

Cognitive,

Psychomotor Understand, Apply

CO3

Students will understand the Importance of Standard costing in Cost

Control.

Cognitive,

Psychomotor &

Affective

Understand,

Remembering &

Apply

CO4 Students will understand the Importance of Marginal Costing in

Decision Making.

Cognitive,

Psychomotor Understand, Apply

CO5 Students will know the different dimensions of cost in various

decision making.

Cognitive,

Psychomotor Understand, Apply,

Unit

Number Details Hours

1

Introduction: Nature and Scope, Difference between cost accounting and management accounting, Relationship between Financial Accounting and Management Accounting, Need, Importance, Limitations of Management Accounting, cost control, cost reduction, cost management.

12

2

Budgeting and budgetary control: Concept of budget, budgeting and budgetary control, objectives, merits, and limitations, Budgeting vs Forecasting, Budgeting Process, Functional budgets, Cash budget, Fixed and flexible budgets, Zero base budget, Program and performance budgets

12

3

Standard costing and variance analysis: Meaning of standard cost and standard costing: advantages, limitations and applications, Variance analysis – material, labour, overhead and sales variances, Disposition of variances, Control ratios.

12

4

Marginal Costing: Meaning, Advantages, Limitations and Applications, Breakeven Analysis , Cost-Volume Profit Analysis, P/V Ratio and its Significance , Margin of Safety, Absorption Costing: System of Profit Reporting and Stock Valuation, Difference between

12

MarginalCosting and Absorption Costing, Income Measurement under Marginal Costing and Absorption Costing

5

Decision making: Costs for decision making, variable costing and differential analysis as aids in making decisions – fixation of selling price, exploring new market, make or buy, product mix, operate or shut down, sell or process further. Responsibility Accounting, Divisional Performance Measurement.

12

Total 60

Resources

Recommended

Books

1. Khan, M.Y. and P.K. Jain, Management Accounting, Tata McGraw Hill, Publishing Co., New Delhi. 2. Horngren, Charles T. and, Gary L. Sundem, Introduction to Management Accounting, Prentice Hall. 3. Murthy, A; and S Gurusamy Management Accounting, Tata McGraw Hill. 4. Nigam, B.M. Lall and I.C. Jain, Cost Accounting, Principles and Practice, Prentice Hall of India, New Delhi

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School of Commerce and Management Studies Programme: B.Com

Course Code: XCM402 Second Year-Semester - IV

Course: Corporate Governance and Business Ethics

L T P C

4 1 -- 5

Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

Objectives :

1 To understand the importance of Ethics in Business.

2 To understand the concept of Corporate Governance.

3 To understand the Moral Issues in Business.

4 To know the concept of CSR and its importance in Business.

5 To know the concept of Socially Responsive Management.

Course Outcomes Domain

Level

CO1

Students will understand the importance of Ethics in Business

Cognitive

Understand,

Remembering &

Apply

CO2 Students willunderstand the concept of Corporate Governance. Cognitive,

Psychomotor Understand, Apply

CO3

Students willunderstand the Moral Issues in Business Cognitive,

Psychomotor &

Affective

Understand,

Remembering &

Apply

CO4 Students will know the concept of CSR and its importance in Business Cognitive,

Psychomotor Understand, Apply

CO5 Students will know the concept of Socially Responsive Management Cognitive,

Psychomotor Understand, Apply,

Unit

Number Details Hours

1

Business ethics: Introduction: Meaning of ethics, Types of business ethic issues, why ethical problems occur in business, Ethical dilemmas in business Ethical principles in business: Utilitarianism: weighing social cost and benefits, Rights and duties Justice and fairness, The ethics of care, Integrating utility, rights, justice and caring, An alternative to moral principles: virtue ethics. Morality in international context Ethical decision making-personal and professional moral development and moral reasoning Computer ethics and business: Computer crime, Computers and corporate responsibility Property: information and software, Computer and privacy Professional ethics: Ethics in international business

12

2

Corporate governance: concept, Need to improve corporate governance standards, Features of good governance, Corporate governance abuses, Role played by regulators to improve corporate governance. Different Approaches to Corporate Governance, Leadership and Corporate Governance, Different models of Corporate Governance, Landmarks of Corporate Governance, Rights and Privileges of shareholders, Investor’s Problem and protection, Corporate Governance and Other Stakeholders, Board of Directors, Role, Duties and Responsibilities of Auditor’s, Bank and Corporate Governance, Business Ethics and Corporate

12

Governance. • Indian experience- imperatives, Cll code of best practices, Kumar Mangalam Birla, Nareshchandra, Narayan murthy committee report, Accounting standards and corporate governance Corporate governance rating- need, importance, process, parameters

3

Moral issues in business: Importance of moral issues and reasoning, Principles of moral reasoning, Quality of work life, implications of moral issues in different functional areas of business like finance, MR and marketing. Whistle blowing: Kinds of whistle blowing, Blowing as morally prohibited, Whistle blowing as morally permitted, Whistle blowing as morally required, precluding the need for whistle blowing Marketing truth and advertising: Marketing, Advertising, Truth and advertising, Manipulation and coercion, Allocation of moral responsibility in advertising Trade secrets, corporate disclosure, insider trading: Trade secrets, corporate disclosure, insider trading Accounting, finance, corporate takeovers: Accounting finance and banking, corporate restructuring and Takeovers Discrimination, affirmative action, and reverse discrimination: Equal employment opportunity, Affirmative action, Preferential hiring Environmental protection: Safety and acceptable risk, Environmental harm, Pollution and it’s control Product safety and corporate liability, strict liability

12

4

Corporate social responsibility: Meaning, Evolution of corporate social responsibility. Limits of corporate social responsibility. Voluntary responsibility Vs. Legal requirements, Profit maximization vs. social responsibility

12

5

Socially Responsive Management: Strategies of response, formulating socially responsive strategies Implementing social responsiveness, making a social strategy work, Conceptual framework of social responsibilities of business, SWOT analysis for evaluating organizational framework for discharging social responsibility. Financial incentives for social responsibility, Role of self regulation in discharge of social responsibility.

12

Total 60

Resources

Recommended Books

1. Andrew Crane and Dark Matter- Business Ethics, Oxford Publications. 2. Business Ethics And Corporate Governance: - B N Ghosh- McGrawHill education 3. Business Ethics And Corporate Governance: -S Chand publication. Author:-

Dr.S.S.Khanka 4. Business Ethics: - GautamPherwani. 5. Business Ethics and Corporate Governance S. K. Bhatia.

Business Ethics – Mc-Graw Hill Raj Agarwal

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School of Commerce and Management Studies Programme: B.Com Course Code: XCM403 Third Year-Semester - V

Course: International Business

L T P C

4 -- 4 Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

Objective

1 To make the student understand the global environment and it’s impact on the business for the decision making

Unit Number

Details Hours

1.

International Business: Its Importance, nature and scope; Modes of entry intointernational business; Management of international business operations –complexities and issues; IT and international business, India’s involvement inInternational Business

12

2.

International Economic Institutions and Agreements: WTO,IMF, World bank,UNCTAD, Agreement on Textiles and Clothing, GSP, GSTP and other International agreements and treaties; International commodity trading and agreements- India’s involvement and consequences.

12

3.

Regional Economic Integration: Free trade area, customs union and common market; Theory of customs union; Trade creation and diversion effects; Regionalism vs. multilateralism; Structure and functioning of EC and NAFTA; Regional Economic Cooperation

12

4.

International Financial Environment: Exchange rate mechanism and arrangement; International money and capital markets; Foreign investment flows – Pattern, structure and effects. Movements in foreign exchange and interest rates and their impact on trade and investment flows

12

5.

Adam Smiths’ Theory of Absolute Difference in Cost, David Ricardo’s Comparative Cost Theory,Heckscher Ohlin’s Theory of International Trade,Advantages and Disadvantages or Problems of International Trade, Free Trade (Laissez – faire policy), Protectionism, Tariff barriers, Impact of tariff, Non-Tariff barriers (NTB), Balance of Payments inInternational Trade (Provisions of the GATT, 1994), Role of Nationaland International Law in International Trade, Role of the United Nations in International Trade Law through the United Nations Commission for International Trade Law (UNCITRACL):(i) International Sale of Goods and related transactions(ii) International Transport of Goods(iii) Construction Contracts(iv) International Payments(v) Brussels convention, 1968.

12

Total 60

Document Ref. Rev. No./

Date

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No./ Date

Prepared

by

Approved

by

SUN/SOCMS/COM_______/_______/20____

Resources

Recommended Books

1. Danoes, John D. Radebaugh, Lee H., and Daniel P. Sullivan InternationalBusiness: Environment and Operations, 12th ed., Prentice Hall, 2009.

2. Griffin, Ricky W. and Pustay, Michael W, International Business: A ManagerialPerspective, Prentice Hall, 2009.

3. Hill, Charles, W.L., International Business, McGraw Hill Company, New York, 4. 2009. 5. Ball, Donald, Wendall H. McCulloch, MiachelGeringer, Michael S. Minor and

Objective 1 The objective of this course is to present and discuss issues related to the operation and

behaviour of banks, their specific characteristics, and the special intermediation role they play in the financial system and the economy as a whole

2 To gain insight into the evolution and globalization of the banking system, modern financial instruments, and the interdependence between banks and financial markets

3 To focus on issues concerned with bank performance and risk-taking Unit

Number Details Hours

1

Meaning and definition of bank and banking-significance-evolution of banks in India, Indian Banking system: RBI, Commercial Banks, Development Banks, Regional Rural Banks, Co-operative Banks, NABARD, LDBs, EXIM Bank.

12

2

Commercial Banks: Types, Functions and Services of Commercial Banks-Primary and Secondary functions, Changing role of commercial banks-Housing finance, sale of mutual funds, Issue of credit cards, debit cards, ATM cards, E-Transfer of funds, E-banking

12

3

Investment policy of banks-criteria of investment policy-Principles of Investment Policy. Inclusive Banking: meaning and need- micro finance- meaning, need, difference in approach from commercial banking, micro finance in India- Self Help Groups-meaning and importance

12

4 RBI-Functions- traditional and promotional- role of RBI in agricultural financing- Role in industrial development, Negotiable instrument: meaning features and types (briefly). Cheque- meaning, definition, crossing of cheque, endorsement of cheque, clearing of cheques, Dishonour of cheques for insuffient funds

12

5 Paying Banker: Meaning, precaution to be taken by a paying banker, statutory protection to the paying banker- Payment in due course. Collecting Banker: legal status of the collecting banker, duties of collecting banker, statutory protection to colleting banker.

12

Total 60 Resources Recommended Books

1. Shank and Govindrajan, Vijay, “Strategic Cost Management”, 2008, Simon and Schuster.

2. Horngren, Datar Foster, “Cost Accounting”, 13th Edition (2009), Pearson Education.

3. Drury, Colin, “Management and cost accounting,” 6th Edition (2006), Cengage Learning

Reference Books

1. Hansen, MOwen and Guan, “Cost Management: Accounting and Control”, 6th Edition (2009), Cengage Learning.

2. Anthony, Robert N., and Govindrajan, Vijay, “Management Control System”, 12th Edition, McGraw Hill.

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by

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School of Commerce and Management Studies Programme: B.Com Course Code: XCM404 Second Year-Semester - IV

Course: Modern Banking

L T P C

4 -- 4 Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

School of Commerce and Management Studies Programme: B.Com

Course Code: XCM405 Second Year-Semester - IV

Course: Economic Regulations of Domestic and Foreign Exchange Markets

L T P C

4 -- 4

Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

Objectives :

1 To understand the Regulators of Domestic Markets

2 To understand the Foreign Trade Policy and procedures.

3 To understand the Industrial Development region and Promotional Policy for the same.

4 To know the working of Foreign Exchange Market

5 To know the FEMA Act and its Provisions

Course Outcomes Domain

Level

CO1 Students will understand the Regulators of Domestic Markets Cognitive

Understand,

Remembering &

Apply

CO2 Students will understand the Foreign Trade Policy and procedures Cognitive,

Psychomotor Understand, Apply

CO3 Students will understand the Industrial Development region and

Promotional Policy for the same

Cognitive,

Psychomotor &

Affective

Understand,

Remembering &

Apply

CO4 Students know the working of Foreign Exchange Market Cognitive,

Psychomotor Understand, Apply

CO5 Students will know the FEMA Act and its Provisions Cognitive,

Psychomotor Understand, Apply,

Unit

Number Details Hours

1

Regulation of Domestic Markets Basic functions of government; Market efficiency; Market failure; the meaning & cause; public policy towards monopoly and competition.

12

2

Foreign Trade Policy and Procedures Main Features: Served from India Scheme; export promotion council; VisheshKrishi and Gram UdyogYojana; focus market scheme, duty exemption and remission scheme, advance authorization scheme and DFRC, DEPB, EPCG, etc.; EOUs, EHTPs, STPs, BPTs, and SEZs

12

3

Industries Development Regulation An overview of current Industrial Policy; Regulatory Mechanism under Industries Development and Regulation Act., 1951. The Micro, Small and Medium Enterprises Development Act, 2006. Term of office of Chairperson and other Members, Duties, Powers and Functions of Commission

12

4

Foreign Exchange Market Balance of Payments; Market for Foreign Exchange; Determination of Exchange Rates

12

5

The Foreign Exchange Management Act, 1999 Definitions; Authorized Person, Capital Account Transaction Currency, Current Account Transaction, Foreign Exchange, Person, Person Resident in India, Repatriate to India. Regulation and Management of Foreign Exchange: Dealing in Foreign Exchange, Holding of Foreign Exchange, current Account Transactions, Capital Account Transactions, Export of Goods and Services, Realization and Repatriation of Foreign Exchange, Contravention and Penalties, Enforcement of the Orders of Adjudicating Authority, Adjudication and Appeal.

12

Total 60

Resources

Recommended Books

1. R.G. Lipsey& K.A. Chrystal- Economics Oxford Univ. Press. 2. Taxman’s Students Guide to Economics Laws, Taxman Allied Services Pvt. Ltd, New Delhi. 3. Taxman’s, Consumer Protection Law Manual with Practice Manual, Taxmann Allied Services Pvt. Ltd.,

New Delhi.

4. Suresh T. Viswanathan, Law & Practice of Competition Act. 2002, Bharat Law House,

New Delhi.

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School of Commerce and Management Studies Programme: B.Com Course Code: XCM406 Second Year-Semester - V

Course: E-Commerce

L T P C

4 -- -- 2 Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

Objectives :

1 To know the concept of electronic commerce.

2 To know Internet marketing techniques.

3 To Introduce the students with the concept of Electronic Data Exchange.

4 To know how to Build own Website

5 To understand E-Governance in India

Course Outcomes Domain

Level

CO1 Students will know the concept of electronic commerce. Cognitive Understand,

Remembering &

Apply

CO2 Students willknow Internet marketing techniques Cognitive,

Psychomotor Understand, Apply

CO3 Students willUnderstand the concept of Electronic Data

Exchange.

Cognitive,

Psychomotor &

Affective

Understand,

Remembering &

Apply

CO4 Students willbe able to Build own Website Students will Understand, Apply

CO5 Students willunderstand E-Governance in India Cognitive,

Psychomotor Understand, Apply,

Unit

Number Details Hours

1 Introduction to Electronic Commerce: Introduction and Definition, Main activities, Scope, Goals, Advantages & Disadvantages, Technical Components, Functions, Electronic commerce Applications, Electronic commerce and Electronic Business ( C2C)(C2G , G2G , B2G , B2P,B2A,P2P, B2A, C2A, B2B,B2C)

12

2 Building own website: Reasons for building own website, Benefits of website, Bandwidth requirements; Cost, Time, Reach; Registering a Domain Name; Web promotion, Target email, Baner Exchange , Shopping Bots. Internet and Extranet: Definition of Internet, Advantages & Disadvantages of the Internet, Compoent of a Intranet Information technology structure, Development of a Intranet, Extranet and Intranet Difference, Role of Intranet in B2B Application.

12

3 Electronic Data Interchange: Introduction, Concepts of EDI and Limitation, Application of EDI, Disadvantages of EDI , EDI model. Electronic payment System: Introduction, Types of Electronic payment system Payment types, Traditional payment, Value exchange system, Credit card system, Electronic funds transfer, Paperless bill, Modern payment cash, Electronic cash

12

4 Internet Marketing: The PROS and CONS of online shopping, The PROS and CONS of online shopping, The cons of online shopping, Justify an Internet business, Internet marketing techniques, The E-cycle of Internet marketing, Personalization e – Commerce

12

5 E- Governance for India: E- Governance of India, Indian customer EDI system, Service centre

12

Total 60

Resources

Recommended

Books

1.E-Commerce Concepts , Models , Strategies by -- G.S.V Murthy 2. E-Commerce by --Kamlesh K Bajaj and Debjani Nag 3. Electronic Commerce by --Gary P. Schneider

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School of Commerce and Management Studies Programme: B.Com Course Code: XCM407 Third Year-Semester - V

Course: Investing in Stock Market

L T P C

4 -- 2 Max. University Theory Examination:50 Marks

Max. Time for Theory Exam : 3 Hrs. Continuous Internal Assessment:50 Marks

Objectives :

1 This paper intends to provide basic skills to operate in stock market and the ways of investing in it. It will

enable the student to take up investment in stock market independently.

2 To understand the Investing Fundamentals

3 To understand the Different Stock exchanges in India.

4 To study the different techniques of Stock Analysis and Valuation.

5 To do the Investment Analysis and to know about the Investment in Mutual Fund.

Course Outcomes Domain

Level

CO1 Students will acquire basic skills to operate in stock

market and the ways of investing in it. It will enable the

student to take up investment in stock market

independently.

Cognitive Understand,

Remembering &

Apply

CO2 Students will understand the Investing Fundamentals Cognitive,

Psychomotor

Understand,

Apply

CO3 Students will understand the Different Stock exchanges in

India.

Cognitive,

Psychomotor &

Affective

Understand,

Remembering &

Apply

CO4 Students will study the different techniques of Stock Analysis

and Valuation.

Cognitive,

Psychomotor

Understand,

Apply

CO5 Students will be able to do the Investment Analysis and to

know about the Investment in Mutual Fund.

Cognitive,

Psychomotor

Understand,

Apply,

Unit

Number Details Hours

1 Investing Fundamentals:-Types of Investment – Equity Shares, IPO/ FPO, Bonds. Indian

Securities Market: the market participants, trading of securities, security market indices.

Sources of financial information.

12

2 Stock exchanges in India: BSE, NSE, MCX. Buying and selling of stocks: using brokerage

and analysts’ recommendations. Use of limit order and market order.

12

3 Stock Analysis and Valuation :-Online trading of stocks. Understanding stock quotations,

types and placing of order. Risk: its valuation and mitigation, Analysis of the company:

financial characteristics (as explained by ratio analysis, future prospects of the company,

assessing quality of management using financial and non-financial data, balance sheet and

quarterly results, cash flows and capital structure). Comparative analysis of companies,

Stock valuations: using ratios like PE ratio, PEG ratio, and Price Revenue ratio. Use of

Historic prices, simple moving average, basic and advanced interactive charts. Examining

12

the shareholding pattern of the company. Pitfalls to avoid while investing: high P/E stocks,

low price stocks, stop loss, excess averaging,

4 Investment analysis:-Comparative analysis of companies, Stock valuations: using ratios

like PE ratio, PEG ratio, and Price Revenue ratio. Use of Historic prices, simple moving

average, basic and advanced interactive charts. Examining the shareholding pattern of the

company. Pitfalls to avoid while investing: high P/E stocks, low price stocks, stop loss,

excess averaging,

12

5 Investing in Mutual Funds:-Background of Mutual Funds: Needs and advantages of

investing in Mutual Funds. Net Asset Value, Types of Mutual funds: Open ended, closed

ended, equity, debt, hybrid, money market, Load vs. no load funds, Factors affecting

choice of mutual funds. CRISIL Mutual Fund Ranking and its Usage.

12

Total 60

Resources

Recommended

Books

1. Gitman and Joehnk, Fundamentals of Investing, Pearson. 2. Madura, Jeff, Personal Finance, Pearson 3. Chandra, Prasanna, Investment Analysis and Portfolio Management, Tata McGraw Hill. 4. Damodaran, Aswath, Investment Valuation: Tool and Techniques for Determining the Value of Any Asset, Wiley Finance

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