1

M COM FINANCE AND TAXATION

1. The Program Structure

Course Title of the Course Type of Hours Credits
Code the per
Course week
FIRST SEMESTER
CM010101 Specialised Accounting Core 5 4
CM010102 Organisational Behaviour Core 5 3
CM010103 Marketing Management Core 5 4
CM010104 Management Optimisation Techniques Core 5 4
CM010105 Methodology for Social Science Research Core 5 4
TOTAL FOR SEMESTER 25 19
SECOND SEMESTER
CM010201 Advanced Corporate Accounting Core 5 4
CM010202 Human Resource Management Core 5 3
CM010203 International Business and Finance Core 5 4
CM010204 Quantitative Techniques Core 5 4
CM010205 Strategic Management Core 5 4
TOTAL FOR THE SEMESTER 25 19
THIRD SEMESTER
CM010301 Strategic Financial Management Core 6 5
CM010302 Income Tax – Law and Practice Core 7 5
CM010303 Security Analysis and Portfolio Management Core 6 4
CM800301/ Indirect Tax Laws (Group I) Core- 6 4
CM810301/ Logistics and Supply Chain Management (Group Elective
CM820301 2) Total Quality Management (Group 3)
TOTAL FOR THE SEMESTER 25 18
FOURTH SEMESTER
CM010401 Advanced Cost and Management Accounting Core 6 5
CM010402 Income Tax-Assessment and Procedure Core 7 5
CM800401/ Derivatives and Risk Management ( Group 1) Core- 6 4
CM810401/ Retail and Rural Marketing (Group 2) Elective
CM820401 E-Commerce and E-Business Management (Group
3)
CM800402/ Personal Investment and Behavioural Finance Core- 6 4
(Group 1) Elective
CM810402/ International Marketing (Group 2)
CM820402 Legal Framework for I.T. Based Business and
Intellectual Property Rights (Group 3)

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CM010403 Project Report Core- Nil 4

Project
CM010404 Comprehensive Viva Voce Core- Nil 2
Viva
TOTAL FOR THE SEMESTER 25 24
TOTAL CREDITS FOR THE PROGRAMME 80

SEMESTER - I

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FIRST SEMESTER COURSES

Course Code CM010101

Title of the Course SPECIALISED ACCOUNTING
Semester One
Type Core
Credits 4
Hours 5 per week and Total 90

Objective of the Course:

To equip the students to apply accounting standards and deal with advanced practical
areas related to valuation, amalgamation, specialised areas and to have a basic understanding
on developments in accounting

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Providing an in depth understanding about Understand PSO2
theoretical and practical aspects of major and Apply
Accounting Standards to apply the same in
different practical situations.
2 Ascertain the value of goodwill and value of Apply PSO2
companies based on the value of shares and
compare the real value of shares and with the
market prices and identify the mispricing.
3 In depth understanding about the Apply PSO2
determination of purchase consideration in
the event of amalgamation and to prepare
post amalgamation financial statements
4 Develop a clear understanding about Evaluate PSO2
different types of NBFCs, their provisioning
norms and to understand the concept of
NAV of mutual funds through its
computation.
5 Acquaint with the theoretical aspects of Understanding PSO2
emerging areas in accounting

Unit wise arrangement of the course

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Module Sl. No. Contents of the Unit Remarks

of Units
Module 1. Accounting Standards - 25 hours
1.1 Meaning and definition of Accounting Standards – Theory only
Need for standards – Process of development of
standards - its Applicability- Advantages of AS –
Accounting Standard Board and its role - AS 1 –
Disclosure of Accounting Policies.
1.2 AS 2 – Valuation of Inventories Theory and
AS 9 – Revenue Recognition; problems
1
1.3 AS 10- Accounting for property, plant and Theory and
equipment. problems
AS 20- Earning Per Share.
1.4. AS 22 – Accounting for Tax on Income. Theory and
Computation of Deferred Tax. problems
1.5. AS 26- Intangible Assets. Theory and
AS 28 – Impairment of Assets. problems
2. Valuation of Goodwill and Shares – 15 hours
2.1. Goodwill- Meaning and definition, - Factors Theory only
affecting goodwill – circumstances where good will
is valued - Methods of valuing goodwill.
2.2 Problems on goodwill - Average profit method - Problems
Super profit method - Annuity method and -
Capitalization method.
2.
2.3 Need for valuation of shares – Methods of valuation Theory only
of shares - Advantages and disadvantages of different
methods of valuation of shares.
2.4 Practical problems on Net asset method or intrinsic Problems
value method - Yield method- Earning capacity
method - Fair value method of valuing shares.
3. Accounting for Amalgamation – 30 hours
3.1 Accounting Standards -14 - Amalgamation in the Theory only
nature of merger and Amalgamation in the nature of
purchase-Purchase consideration- Pooling of Interest
Method and Purchase Method (theory) – Difference
between pooling of interest and purchase method.
3. 3.2 Practical problems on the computation of purchase Problems
consideration.
3.3 Treatment of goodwill and reserves under pooling of Theory and
interest method and purchase method. problems
3.4 Entries in the books of Purchasing Company- Entries Problems
in the books of Vendor Company.

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3.5 Consolidated balance sheet in case of amalgamation Problems

in the nature of merger.
3.6 Consolidated balance sheet in case of amalgamation Problems
in the nature of purchase.
3.7 Practical problems involving mutual owings. Problems
3.8 Practical problems involving the accounting Problems
treatment when purchasing company already holds
shares in the vendor company – Selling company
already holds shares in purchasing company – Cross
holdings.
4. Accounting for NBFCs and Mutual Funds- 10 hou rs
4.1 NBFC – Difference between an NBFC and Bank – Theory only
Classification of NBFCs based on registration with
RBI - Asset Finance Companies – Investment
Companies – Infrastructure Finance Companies –
Systematically Important Core Investment
Companies – Infrastructure Debt Fund NBFC –
NBFC Micro Finance Institutions.
4.2 NBFC Factors – Mortgage Guarantee Companies – Theory only
Residuary NBFCs – Regulations regarding; Net
owned Fund – Liquid asset requirement.
4.3 Income Recognition - Prudential Accounting Theory and
4 Norms – Asset Classification – Provisioning short
Requirements – Computation of Provisions – problems
Requirements as to Capital Adequacy.
4.4 Mutual Funds – Meaning – Theory only
importance-
Classification of mutual funds.
4.5 Contents of Balance sheet and Revenue account of Theory and
the Mutual Fund (Theory only) – short
Computation of NAV(Theory and Problems) problems
4.6 Accounting Treatment in the event of Disposal of Theory and
Investment; Journal Entries – Dividend equalization. short
problems
5. Developments in Accounting – 10 hours
5.1 Block chain Technology in Accounting Theory only
Artificial Intelligence in Accounting (overview
only).
5 5.2 Green Accounting Concepts - Scope and Theory only
Significance – Statements to be prepared -
developments in a globalised era.
5.3 Forensic Accounting – Lean Accounting. Theory only

Suggested Assignment:
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1. Assignment on the recent real cases of amalgamation, evaluating the ratio of share
exchange or valuation of firms.
2. Assignment of valuation of shares of companies and comparison with actual market
price.
3. Assignment on the evaluation of the performance of mutual fund schemes based on real
data.

Recommended Text Books

1. Corporate Accounting, A. Mukharjee and M. Hanif, TATA McGrawHill Co

2. Advanced accountancy, Arulanandam & Raman, Himalaya Publishing House
3. Fundamentals of Financial accounting, Nassem Ahmed, Ane books Pvt, Limited
4. Advanced Financial Accounting, R.L. Gupta & Radhaswami, Sultan Chand CO;
5. Advanced Financial Accounting, S.N. Maheswari
6. Advanced Financial Accounting, Paul & Kaur
7. Advanced Financial Accounting, B.D. Agarwal
8. Advanced Financial Accounting, S.P. Jain & K.L. Narang; Kalyani Publishers

References
1. Study Material for CA IPCC Group I – Accounting
2. Study Material for CA IPCC Group II – Advanced Accounting
3. Students Hand Book on Advanced Accounting, G.Sekar and B. Saravana Prasath, C.
Sitaraman & Co. Pvt Ltd;

Break up of Theory and Problems for Examination

Section A- 6 Theory 4 problems

Section B – 3 Theory 5 Problems
Section C- 1 Theory 3 Problems

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Course Code CM010102

Title of the Course ORGANISATIONAL BEHAVIOUR
Semester One
Type Core
Credits 3
Hours 5 per week and Total 90

Objective of the Course

To understand human behaviour at Individual, Interpersonal, Group and InterGroup
levels and to recognise issues inherent in organisational change, growth, development and
conflict

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Basic understanding about the concepts of Understanding PSO1
organisation behaviour.
2 A very good understanding about individual Understand and PSO1
behaviour, personality and motivation. evaluate
3 Imparting deep understanding about group Understanding PSO1
behaviour and leadership related to organisational
behaviour.
4 Add the knowledge base of the leaner regarding Evaluate and PSO1
change management and deal with stress. Apply
5 Impart knowledge about the role of organisational Understand and PSO1
culture and conflict on organizational behavior. Apply

Unit wise arrangement of the course

Module Unit Contents Remarks

No. No.
Modu le 1- Introduction to Organisational Behaviour – 15 hours
1.1 Meaning and definition of Organisation Short questions
Behaviour – Scope – Basic concepts of OB –
1
Foundations of OB- Challenges and
Opportunities of OB.

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1.2 Role of organisation behaviour – Determinants Short questions and

–– Challenges and opportunities of OB – short essays
Contributing disciplines – Difference between
organisational behaviour and organisation
theory.
1.3 Models of OB – Autocratic model – Custodial Short questions short
model – Supportive model – Collegial model. essays and essay
questions
Module 2- Individual Behaviour and Motivation – 25 hours
2.1 Concept of Human Behaviour - Characteristics - Short questions and
Models of Man, Factors influencing Individual short essays
Behaviour.
2.2 Personality-Determinants - Personality Traits. Short questions short
essays and long
essay questions
2.3 Perception – Process of perception – Factors Short questions short
influencing Perception – Perceptual errors. essays and long
essay questions
2
2.4 Attitudes - values -- Learning – Process of Short questions short
Learning - Reinforcement - Behaviour essays and long
modification. essay questions
2.5 Motivation – Concept - Theories or models of Short questions short
motivation- Need hierarchy, Theory X and essays and long
Theory Y - Two factor theory. essay questions
2.6 Contemporary theories of motivation –ERG - Short questions short
Cognitive evaluation - goal setting- equity- essays and long
expectancy model. essay questions
Module 3- Group Behaviour and Leadership – 25 hours
3.1 Transactional Analysis - Johari Window – Ego Short questions short
states -Life positions. essays and long
essay questions
3.2 Group - Factors influencing group Short questions short
behaviourNorms-Cohesiveness. essays and long
essay questions
3 3.3 Stages of Group Development- Group Structure- Short answer and
Group Decision making. Short essays
3.4 Teams- Types of teams- Group Vs Teams. Short answer and
Short essays
3.5 Difference between Authority and Power – Short questions short
Sources of Power- Tactics used to gain power - essays and long
Status –Problems caused by status system essay questions

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3.6 Leadership- features – concepts – qualities of Short questions short

good leaders – Leadership styles. essays and long
essay questions
3.7 Theories of Leadership - Behavioural approach - Short questions short
Situational approach – Transactional and essays and long
transformational Leadership. essay questions
Modu le 4- O rganisational Change, Development and Stress Management – 15
hours
4.1 Organisational Change – Forces for change - Short questions and
Resistance to change- overcoming resistance to short essays
change.
4.2 Types of change – Revolutionary and Short questions and
4
evolutionary change. short essays
4.3 Greiner‘s five stages of organisational growth- Short questions short
Organisational Development - concept - OD essays and long
intervention techniques. essay questions

4.4 Stress – Meaning –Types of stress- Causes of Short questions short

Stress- Consequences. essays and long
essay questions
4.5 Stress Management – Need- Techniques adopted Short questions short
for Stress Management in essays and long
Organisations. essay questions
Module 5- Organisational Culture and Conflict – 10 hours
5.1 Concept and determinants of organisational Short questions and
culture. short essays
5.2 Conflict – concept – stages in organisational Short questions short
5
conflict - functional and dysfunctional aspects of essays and long
conflict – levels of conflict - Stimulation and essay questions
resolution of conflict.

Suggested Assignment:
1. Analysis of Case studies on individual and group behaviour in leading corporates
2. Evaluation of case studies on motivation and leadership in organisation
3. Case study on organisational change, resistance to change and organisational culture
Recommended Text Books
1. Robbins S.P., Organisational Behaviour (16 th Ed.), Pearson.
2. Dwivedi R.S., Human relations and organizational behaviour, MacMillain Publishers
3. Organisational Behaviour, Aswathappa, Himalaya Publishing House 4. Gupta C.B., A
Text Book of Organisational Behaviour, S Chand & Company
5. Jai B.P. Sinha, Culture and Organizational Behaviour, Sage India.
6. Kumar Paranit, Organisational Behaviour, Gen Next Publication.
7. King & Lawley, Organisational Behaviour, Oxford University Press.
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References
1. Organisational Behaviour concepts and cases ,Ghanekar, Anjali ,Everest publisher 2.
Human Relations and organisational behaviour : Global perspective, Dwivedi R.S.
Macmillan
3. Organisational Behaviour: Foundations, Theories, and Analyses, John B. Miner.
Oxford University Press.
4. Fred Luther, Organisational Behaviour, Pearson Education.
5. Sekaran Uma S, Organisational Behaviour, Tata McGraw Hill.

Course Code CM010103

Title of the Course MARKETING MANAGEMENT.
Semester One
Type Core
Credits 4
Hours 5 per week and Total 90

Objective of the course:

To equip the students to have an overall understanding about the application areas of
marketing and can identify some potential areas for research
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
1 The learner should have a basic understanding Understanding PSO 1,4
about concepts like customer centricity, CRM,
value chain and customer delight.

2 The learner should get a clear understanding Understand and PSO 1,4
about the market segmentation process and its evaluate
applications in marketing strategies.
3 Develop an idea about consumer behaviour Understand and PSO 1,4
and its impact. apply
4 Good understanding about product line, Understand and PSO 1,4
product mix, brand equity, brand identity, Evaluate
brand personality and brand image.
5 Develop sound ideas regarding services Understand and PSO 1,4
marketing and service quality. Apply
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Unit wise arrangement of the course

Module Unit Contents of the Unit Remarks

No No
Module 1 Marketing Management: An Overview- 25 h ours
1.1 Marketing - Nature and scope –-Marketing Process. Short questions
and short essays
1.2 Marketing Mix, Marketing as the central function of Short questions
an organization – Marketing 3.0. and short and
long essays
1.3 Customer Relationship Marketing – Strategies – Short questions
Features – Advantages of Customer Relationship and short and
1
Management – Relationship Marketing – Difference long essays
between relationship orientation and transaction
orientation - e –CRM.
1.4 Customer retention – benefits – strategies. Short questions
and short essays
1.5 Customer Centric Organisation – Features of a Short questions
customer centric organisation – Advantages. and short and
long essays
1.6 Role of Marketing in Customer Retention - Short questions
Marketing as Creating, Communicating and and short essays
Delivering Value - Value chain - Customer delight as
the end of the value chain.
1.7 Marketing Environment – Internal and External Short questions
environment. and short and
long essays
Module 2 - Segmentation, Targeting and Product Positionin g- 20 hours
2.1 Market Segmentation – Bases of segmenting Short questions
Consumer Markets – Requirements for effective and short and
segmentation. long essays
2.2 Market Targeting – Selecting Target Market Short questions
Segments – Mass Marketing – Differentiated and short and
Marketing. long essays
2
2.3 Niche Marketing – Micro Marketing – Local Short questions
Marketing – Customized Marketing - Market and short essays
Differentiation and Positioning.
2.4 Value Proposition – Proposition Strategies; More for Short questions
More, More for the Same, the Same for Less, Less and short essays
for Much Less – More for Less.
Module 3- Consumer Behaviour- 10 hours

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3.1 Consumer Market – Customer Behaviour – Short questions

Determinants of Customer Behaviour - Factors and short and
influencing Consumer Behaviour long essays
3
3.2 Types of Buying Decision Behaviour – Consumer Short questions
buying decision process - Consumer adoption process and short and
- Organizational Buying Process. long essays
Module 4- Product and Brand Management- 25 hour s
4.1 Concept of Product- Classification of products - Short questions
Major product decisions- Product line and Product and short essays
mix
4.2 New product development process - Product life Short questions
cycle- Reasons for failure of new products and short and
long essays
4.3 Branding – Meaning – Importance – Brand building Short questions
process – Advantages of a good brand name – Brand and short essays
value – Factors affecting brand value -
4.4 Brand Equity – Definition – Cost based – Price Short questions
4. based – Consumer based - and short essays
4.5 Brand extension – meaning – types of brand Short questions
extension – Extension into related category – and short essays
Category related – Image related – extension to un
related category -pros and cons of brand extension -
4.6 Brand personality – emotion centred definition – Short questions
human centred definition – Brand image – Brand and short essays
identity.
4.7 Packaging and labelling – significance – Factors to Short questions
be considered while deciding the packages – Legal and short essays
obligations regarding labelling.
Module 5- Services Marketing- 10 hours
5.1 Services Marketing: –Meaning – significance - Short questions
Nature and Characteristics of Service – Difference and short essays
between Service and Products.
5.2 Services Marketing: – Nature and Characteristics of Short questions
5
Services. and short essays
5.3 Service quality dimensions - Factors affecting Short questions
service quality – Growth of service sector in India. and short and long
essays

Suggested Assignments:
1. Case study analysis on consumer behaviour and brand building.
2. Make a simple study about the relationship marketing strategies adopted by organised
retail establishments.
3. Make a study about service quality assessment of banks, hospitals etc.

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Recommended Text Books

1. Marketing Management – A South Asian Perspective, Philip Kotler, Keller Kevin,
Koshy Abraham & Jha Mithileshwar, Pearson Education.
2. Marketing Management – Global Perspective, Indian Context, Ramaswamy V.S
&Namakumari S., McMillan.
3. Customer Behavior: A Managerial Perspective -Jagdish N. Sheth and Banwari Mittal, ,
Thomson South Western.
4. Essentials of Marketing- Paul Baines Paul, Fill Chris & Page Kell, Oxford Publication.
5. Brand Management the Indian Context, YLR Moorthi, Vikas Publishing House Pvt. Ltd
References
1. Customer Relationship Management – Perspective from the Market Place, Simon
Knox,StanMaklan, Butterworth – Heinemann,
2. Total Relationship Marketing Evert Gummesson, Butterworth – Heinemann.
3. Relationship Marketing – Jagdish N Sheth and Atul Parvatiyar- Response Books.

Course Code CM010104

Title of the Course MANAGEMENT OPTIMISATION TECHNIQUES
Semester One
Type Core
Credits 4
Hours 5 per week and Total 90

Objective of the Course

To enable the students to understand various optimization models used in business
decision making.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Develop theoretical understanding about Understanding PSO5
various business optimisation models.
2 Ability to develop Linear Programming Apply and PSO5
Models for business problems and Solve the evaluate
same.
3 Application of Linear Programming in the Understanding PSO5
areas of transportation and assignment.
4 Develop decision making skills under Evaluate and PSO5
uncertainty, risk and replacement of assets. Apply
5 Understand and apply network analysis Understand PSO5
techniques for project implementation. and Apply

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Unit wise arrangement of the course

Module Sl. No. of Contents of the Unit Remarks

Units
Module 1 - Introduction to Optimisation Techniques 7 hours
1.1 Meaning-Origin and developmentOptimisation Theory only
Tools -Nature– Role of Operation Research
Tools in optimising managerial decisions.

1.2 Origin and development of OR-OR and Theory only

decision making.
1
1.3 Objectives of OR - Scope Theory only
of OR-
Applications of OR - Phases of OR.
1.4 O R Models - Types of OR Models. Theory only
1.5 Advantages and Limitations of Optimisation Theory only
techniques.
Module 2- LinearProgramming – 25 ho urs
2 2.1 Meaning-Concepts-Notations– Theory only
Assumptions- Uses and applications –
Limitations.
2.2 Formulation-Graphical solution. Theory and
Problems
2.3 Simplex method – Maximisation -Minimisation – Theory and problems
Mixed type constraints - (Big M Method only.)
2.4 Special cases in Linear Programming – Duality. Theory and
Problems
Mo dule 3- Transportation and Assignment Probl ems- 20 hours
3.1 Transportation models – Solution procedures for Theory only
transportation
3.2 Initial Feasible Solution. Theory and
Problems
3.3 Optimum solution – MODI Method only. Theory and problems
3.4 Multiple optimum solution – Un balanced Theory and
3 transportation problem – degeneracy – Problems
maximisation problem.
3.5 Assignment model– Difference between Theory and
assignment and transportation - models – Problems
Hungarian method.
3.6 Maximisation case – multiple optimum – Un Problems
balanced problems – Prohibited assignment –
travelling sales men problems.
Module 4- Decision Theory- 20 hour s

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4.1 Quantitative approach to management decision Theory only

making – structure of decision making problems –
Types of decision making criteria- elements in a
decision.
4.2 Decision making under Risk – EMV – EVPI – Theory and
EOL. Problems
4.3 Decision making under uncertainty – Maximin – Theory and
Maximax – Minimax – Realism – Rationality. Problems
4 4.4 Decision Tree Analysis. Theory only
4.5 Game Theory – Basic terminology – solution for Theory and
pure strategy -game with saddle point – Mixed problems
Strategy – Principle of dominance – Subgames.
4.6 Replacement Theory – Individual replacement and Problems and Theory
group replacement. only
Module 5- Network Analysis- 18 hou rs
5.1 Meaning – objectives managing applications of Theory and short
network models – Fundamental concepts of net problems
work model –network diagram construction –
5 Common errors in network.
5.2 Time estimates in network analysis. Theory and Problems
5.3 CPM - PERT – Difference – Advantages – Theory and Problems
Limitations – Crashing.

Suggested Assignment:
1. To construct network diagrams for small projects
2. Develop business problem situations and construct models for the same.

Recommended Text Books

1. Operations Research; Prem Kumar Gupta & D.S.HiTa; S. Chand & Company Ltd.
2. Operation Research, Theory and Applications; J.K. Sharma; Macmillan India Ltd.
3. Operation Research; V.K .Kapoor; Sultan Chand & Co.
4. Operations Research; Sarrnrna & Anmlad; Himalaya Publishing House
5. Operation Research, Kanthi Swarup; Sultan Chand & Co.
6. Operation Research; S.D. Sharma; Kedarnath Co.
7. Operations Research; K.K.Chawla, Gupta & Sharma; Kalyani Publishers

References
1. Research Methodology and Operations Research; H.R. Ramanath; Himalaya Publishing
House.
2. Operations Research; Natarajan, Balasubramanie & Tamilarasi; Pearson, New Delhi.
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3. Operation Research; Problems and Solutions, J.K. Sharma; Macmillan India Ltd.
4. Operations Research: K.Rajagopalan, PHI Learning Private Ltd.

Break up of Theory and Problems for Examination

Section A- 7 Theory 3 problems
Section B – 3 Theory 5 Problems
Section C- 4 Problems

Course Code CM010105

Title of the Course METHODOLOGY FOR SOCIAL SCIENCE RESEARCH
Semester One
Type Core
Credits 4
Hours 5 per week and Total 90

Objective othe course:

To enable a learner to understand properly the concepts of research methodology, equip
them to prepare a research design and carry out research in systematic and scientific manner.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage

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1 Develop a thorough understanding about the Understanding PSO3, 5

basic concepts of social science research.
2 After completing this module, the learner Understand PSO3, 5
should be able to formulate a research design. and evaluate

3 After studying the theoretical aspects of Understanding PSO3, 5

sampling design, the learner should be able
to draw a sampling design.
4 Detailed knowledge about the instrument Evaluate PSO3, 5
development, its validation and different
forms of scaling.

5 Understand the technique of research Understand PSO3, 5

reporting. and Apply

Unit wise arrangements of the course

Module Unit Unit wise Contents Remarks
No. No.
Mod ule 1- Social Science Research an Introduction- 15 hours
1.1 Research: Meaning-Significance-Objectives - Short questions
Brief history of Social Science Research -
Positivism and post positivism.
1 1.2 Types of research - research methods vs Short questions
methodology. and short essays
1.3 Research Process. Short questions
and long essay
Module 2- Research problem and Design- 20 hou rs
2.1 Research Problem- Nature-formulation of research Short questions
2
problem – Sources of identifying research short essays, long
problems – Techniques involved in defining a essay
problem.
2.2 Review of Literature – Need for review - Short questions
Identifying Research Gaps. and short essays
2.3 Research design- Meaning, need, types of research Short questions
design – features of a good design. short essays, long
essay
2.4 Designs for exploratory research- Design for Short questions
descriptive research – Experimental designs. and short essays
2.5 Variables-dependent, independent - extraneous Short questions
variables-moderating variable- intervening short essays, long
variable-dichotomous variable. essay

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2.6 Research proposal -Research hypothesis-Sources Short questions

of hypotheses- Types of hypotheses. and short essays
Module 3- Sampling design- 15 hours
3.1 Census and sample survey- Meaning and Short questions
definition of sampling design - Sample short essays, long
frameAdequacy of sample size. essay
3.2 Methods of sampling--Random sampling-non Short questions,
3 random sampling. short essays, long
essay
3.3 Case study as a research strategy- Case study Short questions
designs – Case study protocol- Pilot study. short essays, long
essay
Modul e 4- Instrument development and data collection- 25 hours
4.1 Data- types of data- - Methods of data collection. Short questions,
short essays,
Long essay
4.2 Instrument development – Components of an Short questions ,
instrument – Steps in the instrument construction short essays, long
process. essay
4.3 Concept of Measurement – Level of measurement Short questions ,
– Nominal - interval - ordinal – ratio. short essays, long
essay
4.4 Different types of scales – Rating Scale – Short questions
Numerical Scale – Graphic Scale -Attitude Scale – short essays, long
Likert Response Scale. essay
4
4.5 Concept of validity and reliability- Face Validity – Short questions
Construct validity – Content validity – Criterion and short essays
Validity (Brief study only).
4.6 Internal consistency and reliability – Methods for Short questions
establishing evidence for reliability – eye balling – and short essays
percentage and proportion of agreement –
approaches using a statistical test of correlation –
test retest reliability – Parallel forms of reliability
(Brief study only).
4.7 Internal consistency reliability – Methods of Short questions
testing internal consistency – Average inter item and short essays
and average item to total correlation – Split half
method – Cronbach alpha(Brief study only).
Mo dule 5- Interpretation and Research reporting- 15 hours
5.1 Analysis and Interpretation – meaning – need – Short questions
5 techniques of interpretation – precautions. and short essays
(Detailed study of Tools and problems excluded)

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5.2 Significance -Characteristics of a good research Short questions

report – Steps in report writing –Layout of short essays, Long
research report -Types of report. essays
5.3 Citing references using APA style -Plagiarism – Short questions
Consequences of plagiarism. and short essays

Suggested Assignments
1. Prepare a research proposal on the topic suggested by the teacher
2. Prepare a research instrument on a research topic suggested by the teacher, collect data
from a small sample and test the reliability of the instrument
Recommended Text Books
1. Research Methodology: Methods and Techniques, C R Kothari, New Age
International Publications
2. Statidstical Methods for Research, Prof. K. Kalyanaraman, Prentice Hall Pvt. Ltd
3. Research Methodology in Social Sciences, O R Krishnaswamy, Himalaya Publishing
House
4. Business Research Methodology, Sashi K Gupta & PraneetRangi, Kalyani Publishers 5.
Research methodology, R. Paneerselvam, Prentice Hall of India

References
1. Tests, Measurements and Research Methods in Behavioural Science, A K Singh, Bharath
Bhawan Publishers and Distributors.
2. Research in Education, John W Best and James V Kahn, Pearson education
3. Designing and constructing instruments for social research and evaluation, David Colton
and Robert W. Covert, John Wiley &Sons. Inc

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SEMESTER - II

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SECOND SEMESTER COURSES

Course Code CM010201
Title of the Course ADVANCED CORPORATE ACCOUNTING
Semester Two
Type Core
Credits 4
Hours 5 per week and Total 90

Objective of the Course:

To equip the learner to understand the higher-level applications of accounting in
corporate sector and recent developments.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 The learner should be able to prepare PSO2
consolidated financial statements of group Apply
companies.
2 Preparation of the financial statements of PSO2
public utility companies and deal with the
disposal of surplus. Apply

3 Develop and awareness on the procedure PSO2

of bankruptcy under the recent Bankruptcy Understanding
Procedure Code.
4 Familiarising the learner with the accounting PSO2
procedures of liquidation of companies and
preparation of various statements required as Evaluate
per the Companies Act.
5 Basic understanding about the preparation of PSO2
accounts of some special lines of businesses Understanding
like shipping, hospitals and hotels. and Apply

Unit wise arrangements of the course

Module Unit Unit-wise Contents Remarks

No No
M odule 1- Accounts of holding companies- 27 hour s
1.1 Concept of Holding Company, Subsidiary Theory only
1 Company-Consolidated Financial Statements Need

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for Consolidation -Documents to be filed along

with Consolidated financial statements.

1.2 Minority Interest-Cost of Control-Pre-acquisition Theory

and Post-acquisition -Elimination of Un realised and
Profit. short
problems
1.3 Accounting treatment of Dividend declaration by Theory
subsidiary company -Issue of Bonus Shares and
Contingent liabilities -Revaluation of Assets and short
liabilities. problems
1.4 Preparation of Consolidated balance sheet- Cross Problems
holding.
Modul e 2- Accounts of Public Utility Undertakings- 20 hours
2.1 Double account system -Features -Difference Theory only
between Double Account and Single Accounts
Advantages and Dis-advantages of the Double
Accounts.
2.2 Final Accounts of Electricity Concerns Problems
2 2.3 Reserves to be created by Electricity Companies Theory
Computation of Reasonable Return and Clear profit and
and Disposal of Surplus of Electricity Companies. short
problems
2.4 Meaning of replacement – Practical problems on Theory
replacement of assets. and
Problems
Module 3- Bankruptcy Code 2016- 10 hours
3.1 Institutional framework under the code – Theory
Adjudicating authorities – Insolvency and
Bankruptcy Board of India – its scope and
functions.
3.2 Insolvency Professional Agencies and role – Theory
3 Insolvency Professionals – Resolution Process
under the Code.
3.3 Corporate Insolvency Resolution Process – Theory
Resolution Process for Individuals – Exit Route
under the Code – Order of Priority of Debt –
Voluntary Liquidation – Bankruptcy Order.
Module 4- Liquidation of Companies- 18 hours
4.1 Liquidation – meaning – modes of liquidation – Theory
legal procedures for liquidation.
4 4.2 Contributories – List A and List B Contributories. Theory
and
Problems
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4.3 Statement of Affairs- Preparation. Theory

and
Problems
4.4 Order of payment of liabilities in winding up – Theory
Preferential payments in the course of winding up – and
Provisions regarding the priority of preferential Problems
payments over other debts.
4.5 Liquidator‘s final statement of accounts – Theory
Liquidators remuneration. and
Problems
Mod ule 5- Accounting for Specialised Businesses- 15 h ours
5.1 Voyage Accounts – meaning – purpose – Basic Theory only
concepts of voyage accounts – Treatment of
incomplete voyage.
5
5.2 Preparation of voyage Accounts. Problems only
5.3 Accounting for hotels. Theory
and
simple
problems
5.4 Accounting for Underwriters. Theory
and
problems

Suggested Assignment:
1. Assignment on the real case history of companies gone through
insolvency procedure in India.
2. Develop an accounting system for small hotels Recommended
Text Books
1. Corporate Accounting, A. Mukharjee and M. Hanif, TATA McGraw Hill Co
2. Advanced accountancy, Arulanandam & Raman, Himalya Publishing House
3. Fundamentals of Financial accounting, Nassem Ahmed, Ane books Pvt, Limited
4. Advanced Financial Accounting, R.L. Gupta & Radhaswami, Sultan Chand CO;
5. Advanced Financial Accounting, S.N. Maheswari
6. Advanced Financial Accounting, Paul & Kaur
7. Advanced Financial Accounting, S.P. Jain & K.L. Narang; Kalyani Publishers
References
1. Study Material for CA IPCC Group I – Accounting
2. Study Material for CA IPCC Group II – Advanced Accounting
3. Students Hand Book on Advanced Accounting, G.Sekar and B. Saravana Prasath,
C. Sitaraman & Co. Pvt Ltd;
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4. Advanced Financial Accounting, B.D. Agarwal

Break up of Theory and Problems for Examination

Section A- 6 Theory 4 problems
Section B – 3 Theory 5 Problems
Section C- 1 Theory 3 Problems

Course Code CM010202

Title of the Course HUMAN RESOURCE MANAGEMENT
Semester Two
Type Core
Credits 3
Hours 5 per week and Total 90

Objectives of the course

To give an overview as to how an organisation identifies requirements of human
resources, how it acquires, rewards, develops, motivates and manages people effectively and
also provide an insight into the developments taking place in the field of Human Resource
Management.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Acquaintance with basic concepts of HRM Understanding PSO1
and performance appraisal.
2 Understanding about human resource Understanding PSO1
development, stress management and work
life management.
3 High level knowledge about various aspects of Understanding PSO1
training.

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4 Understanding about various aspects of Evaluate PSO1

industrial relations so as to evaluate the real
cases of industrial relations.
5 Understanding about HR outsourcing HR Understanding PSO1
accounting and HR audit.

Unit wise arrangements of the course

Module Unit No Contents Remarks
No
Mo dule 1- Human Resource Management – 20 h ours
1.1 Human Resource Management – Nature, Scope Short questions,
and Functions - Role and status of HR manager. Short Essay

1.2 HR policies – Need and Importance – Types of Short questions,

policies- Formulation of Policies. Short Essay
1.3 HR planning process – Objectives- Need and Short questions,
1 Importance- Levels of HR Planning - Problems Short Essay,
of HRP. Long essay
1.4 Job analysis- Objectives- Process and Short questions,
Techniques- Job description and specification- Short Essay,
Job design – Methods. Long essay
1.5 Recruitment – Sources and Short questions,
techniques-
selection- Steps. Short Essay, Long
essay
1.6 Placement – Concept- Induction- Objectives. Short questions,
Short Essay
M odule 2- Human Resource Development- 18 ho urs
2.1 Concept of HRD: -Objectives, Mechanisms and Short questions,
Assumptions of HRD- HRM vs HRD. Short Essay
2.2 Qualities of an HRD manager-Principles of Short questions,
HRD. Short Essay
2 2.3 Employee Counselling-Need , Concepts, Forms Short questions,
and Steps Human Capital, Emotional Quotient, Short Essay
Mentoring.
2.4 Impact of TQM, Quality Circles, Kaizen on Short questions,
HRM. Short Essay,
Long essay
Module 3- Training and Development -17 hour s
3.1 Concept of Training-Need and Importance Short questions,
Organisation and management of training Short Essay
3 function;

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3.2 Training methods and techniques-Attitudinal Short questions,

Training. Short Essay,
Long essay
3.3 Technical training - Training for creativity and Short questions,
problem solving – training for management Short Essay,
change – Training for Productivity. Long essay
3.4 Role, responsibilities and
challenges to
training managers and employees. Short questions,
Short Essay
M odule 4- Performance Appraisal and Industrial Relatio ns – 20 hours
4.1 Performance appraisal – significance - Methods Short questions,
or techniques of performance appraisal. Short Essay,
Long essay
4.2 Job Evaluation- Objectives and Process- Short questions,
Limitations. Short Essay,
Long essay
4.3 Promotion and demotions; transfer, Short questions,
separations: resignation; discharge; dismissal; Short Essay
4 suspension; retrenchment.
4.4. Lay off; -Industrial relations – Compensation- Short questions,
Grievance-meaning and causes of grievance Short Essay
4.5 Importance of Grievance handling - procedure Short questions,
of grievance handling - Hot stove rule-code of Short Essay,
discipline. Long essay
4.6 Employee participation in Short questions,
managementtechniques - Sweat equity scheme. Short Essay
Mo dule 5- H R Outsourcing , Records , Accounting and Audit – 15 hours
5.1 HR outsourcing:-legal requirements- Short questions,
5 contractor‘s liabilities- liabilities of the Short Essay
company towards contractor‘s labourers.
5.2 H R records and reports- significance – types. Short questions,
Short Essay
5.3 Human Resource Accounting – meaning – Short questions,
significance – Approaches to HR Accounting Short Essay,
(Theory only). Long essay
5.4 HR appraisal and audit - concept, scope, Short questions,
methods and importance. Short Essay

Suggested Assignments
1. Evaluation of real life case studies related to employee participation in management,
employee grievance redressal.
2. Make a report on the history sweat equity issues made by companies in India.
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3. Evaluation of case studies of companies adopted Kaizen technique, Quality circle and
TQM.
Recommended Text Books:
1. Human Resource Management, Gupta, C.B.: Chand and Sons.
2. Aswathappa K., Human Resource and Personnel Management; Tata McGraw Hill, New
Delhi, 1997.
3. Human resource Management, L M Prasad, Sultan Chand.
4. Human resource Management- Text and Cases, S S Khanka, S Chand.
5. Human Resource Management, Sashi K Gupta and Rosy Joshi, Kalyani Publishers.
6. Human Resource Management, D N Venkatesh, P Jyothi, Oxford University Press.
7. Human Resource Management, Uday Kumar Haldar, Juthica Sarkar, Oxford
University Press.
References
1. International Human resource Management – P Subbarao, Himalaya Publishing House.
2. Human Resource Management -Text and Cases- V S P Rao , Excel Publishers.
3. Introduction to International Human Resource Management, Eileen Crawley, Stephen
Swailes and David Walsh, Oxford University Press.
4. Strategy Human Resource Management, Agarwala Tanuja, Oxford University
Press.
.

Course Code CM010203

Title of the Course INTERNATIONAL BUSINESS AND FINANCE
Semester Two
Type Core
Credits 4
Hours 5 per week and Total 90

Objectives of the course

To give a broader picture of different aspects of international trade and monetary
systems and the operation of firms in an international environment
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
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1 Familiarisation with globalisation, Understanding PSO1, 4

internationalisation of business and the
international business environment.
2 Understanding about theories of Understanding PSO1, 4
international trade, trade barriers and trade
blocks.
3 Imparting idea about various economic Understanding PSO1, 4
institutions related to international trade.
4 Achieve high level knowledge about Understanding PSO1, 4
various aspects of international monetary and Evaluate
system.
5 Develop an understanding about the Understanding PSO1, 4
international investment environment.

Unit wise arrangement of the Course

Module Unit Contents of the Units Remarks

No No
Module 1: Basics of International Business- 18 hou rs
1.1 Globalisation, Components of globalisation, Short answer,
Drivers, advantages and disadvantages, Linkage Short essay and
between IB and globalization. Long essay

1.2 Meaning, Nature and Importance of International Short answer,

Business, Difference between domestic and Short essay
international business, Motives of
internationalisation, Challenges of international
business, ethical issues in international business.
1.3 Foreign Market Entry Strategies - Modes of Short answer,
entering foreign markets- All modes and its Short essay and
1
analysis. Long essay

1.4 EPRG Framework-Stages in internationalisation- Short answer,

Domestic Company to Transnational Short essay
Confederation-MNCs in India. and Long essay

1.5 Meaning of international business Short answer,

environmentDomestic environment, Foreign Short essay
environment, Global environment, All components and Long essay
viz, economic, social, technological, etc.
Module 2: International Trade- 18 hour s
2.1 Basis of international trade-Types of trade-Terms of Short answer,
2 trade-Various concepts and importance of terms of Short essay
trade.
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2.2 International Trade Theories - Mercantilism- Short answer,

Classical theories-New international trade theories Short essay
2.3 Trade strategies-Free trade and protection-Trade Short answer,
barriers and its impact-Salient features of foreign Short essay
trade policy (latest)Recent trends in India‘s foreign and Long essay
trade.
2.4 Regional Economic Integration : Types of trade Short answer,
blocks-Preferential trade area-Customs union. Short essay
and Long
essay
2.5 Common market – EU - Brexit-NAFTA- Short answer,
OPECASEAN-SAARC-MERCOSUR-Pacific Short essay
allianceRCEP.
Module 3: International Economic Institutions- 18 hours
3.1 International Monetary Fund: Need for Short answer,
IMFObjectives-Functions-Resources-International Short essay
liquidity-SDR. and Long essay

3.2 World Bank-IBRD-IDA-IFC-MIGA-ICSID- Short answer,

ADBUNCTAD-New Development Bank. Short essay
3.3 World Trade Organisation - Multilateral trade Short answer,
3
agreements- GATT-Uruguay round- Short essay
WTOOrganisation structure-WTO agreements – and Long essay
TRIPSTRIMS-GATS-AoA-AMS.
3.4 Dumping-Antidumping measures-Dispute Short answer,
settlement mechanism in WTO-Impact of WTO on Short essay
India-Ministerial Conferences of WTO. and Long essay

Module 4: International Monetary System- 18 hours

4.1 Meaning of international monetary system and Short answer,
players-Foreign exchange market- Short essay
functionsparticipants-dealings-exchange rate
quotationsForeign currency accounts-Nostro-
4 Vostro-Loro.
4.2 Evolution of international monetary system- Short answer,
Exchange rate systems-Fixed and floating systems. Short essay
and Long essay

4.3 Different types of foreign exchange exposures and Short answer,

its management. Short essay
4.4 Foreign Exchange Rate Theories- Mint Parity Short answer,
Theory, Purchasing Power Parity Theory (Absolute Short essay and
and Relative Version)- Balance of Payment Theory Long essay

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– Interest Rate Theories- Fisher Effect, International

Fisher effect.

4.5 Methods of effecting international payments. Short answer,

Short essay
4.6 Balance of payment-Format of India‘s Short answer,
BoPDisequilibrium-Causes and corrections- Short essay and
Currency convertibility-Current account Long essay
convertibilityCapital account convertibility-
Currency convertibility in India.
Module 5: International Investments- 18 ho urs
5.1 ODA and related terms. Short answer,
Short essay
5.2 FDI-Types-Cost-Benefit analysis-FDI Policy of Short answer,
India (latest)-Institutional framework of decision Short essay
making-Hurdles of FDI in the post reform period and
5 remedial measures- FDI routes.
5.3 FPI-FII-ADR-GDR-ECBs-FCBs. Short answer,
Short essay and
Long
essay
5.4 Country Risk Analysis – Need and Importance - Short answer,
Steps in country risk analysis. Short essay

Suggested Assignments
1. An Indian pharmaceutical company wants to enter into a foreign market. Prepare a business
report in which you are analysing the various steps for the internationalisation.
2. Make a detailed report on India‘s Balance of Payment for the last 5 years to understand
changes in current account, capital account and official reserves.
3. Select a currency and 5 banks on a given day. Get exchange rates for the currency from the
5 banks and find out the reasons for variations in rates. Check whether there exists any
arbitrage opportunity.
4. Find out T-bill yields in India and USA. Also find out the forward rates of the US dollar
from any bank for one month and three month. Assign reasons for divergence of forward
rates from interest rate parity, if any.
5. Identify 10 major firms that have major imports and exports and examine their statement
of profit and loss to know the gains/losses on fluctuations of foreign exchange.
6. Prepare a list of important international trade documents.

Suggested Text Books

1. International Financial Management, Apte P.G, Tata McGraw Hill Ltd.

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2. International Business, Aswathappa, K Tata McGraw- Hill Ltd.

3. International Business, Bhalla, V.K , S. Chand & Company Pvt. Ltd.
4. International Business, Charles. W. L Hill, Tata McGraw- Hill Ltd
5. International Business -Text and Cases, Francis Cherunilam , PHI Learning.
6. Global Strategy Management, Douglass S., S. Craig, McGraw-Hill, Inc., USA
7. International Financial Management, Jeff Madura, Cengage Learning.
8. International Marketing- Text and Cases, Justin Paul, Tata McGraw Hill Ltd.
9. Fundamentals of International Financial Management, PHI Learning.

10. International Business, Rakesh Mohan Joshi, Oxford University Press

11. International Financial Management, Sharan, V., PHI Learning

12. International Business- Text and Cases, Subba Rao, P., Himalaya Publishing House.
13. International Business, Sumati Verma, Pearson Education India Ltd.
Reference
1. Payment Systems in India: Vision 2012-2015, Published by Reserve Bank of India in
2012.
2. FDI Policy of India, Ministry of Commerce, Government of India
3. Various issues of ‗India and the WTO‘ monthly bulletin published by the Ministry of
Commerce, Government of India.
4. Foreign Trade Policy of India

Course Code CM010204

Title of the Course QUANTITATIVE TECHNIQUES
Semester Two
Type Core
Credits 4
Hours 5 per week and Total 90

Objectives of the course

To impart proficient knowledge in the application of Quantitative Techniques for Social
Science Research.

Course Expected Course Outcome CognitiveProgramme

Outcome Level Specific
No Outcome
Linkage
1 This course intends to give understanding about Understanding PSO3, 5
the applications of quantitative techniques.
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2 This course intends to give understanding about Understanding PSO3, 5

the applications of quantitative techniques.
3 After learning this course, the student should be Apply PSO3, 5
in a position to identify appropriate parametric
test for testing the hypotheses.
4 The learner should be equipped with the skills to Apply and PSO3, 5
identify the most suitable non parametric test for Evaluate
testing a hypothesis.
5 The learner should be equipped with the skills to Understanding PSO3, 5
apply the principles of SQC

Unit-wise Arrangement of the Course

Module Unit Contents Remarks
No No
Module 1- Intro duction to Quantitative Techniques and Probability Distributions
– 20 hours
1.1 Quantitative Techniques – Meaning – classification – Theory
Application of QT in business, industry and
management – Merits and Limitations of QT.
1.2 Probability distributions- Binomial Distribution- Theory and
features- assumptions- constants- Problems- Fitting Problem
of distribution.
1 1.3 Poisson Distribution- Characteristics- assumptions- Theory and
Constants- usefulness- Fitting. Problem
1.4 Normal distribution- Characteristics- Importance- Theory
Standard normal curve- properties of standard
normal curve.
1.5 Measurement of probability based on area under Problems
standard normal curve- Fitting of normal.
distribution- Normal approximation to binomial and
poisson distribution.
Module 2- Statistical inference – 30 hours
2.1 Sampling and non-sampling errors- Statistic and Theory
parameter- Sampling distribution- Standard error,
central limit theorem.
2.2 Theory of Estimation - Point estimate, Interval Theory
2 estimate- Statistical inference- Test of hypotheses-
procedure - type 1 error-type II error.
2.3 Parametric tests - Z test -features- conditions to be Theory and
satisfied application of Z test- test for means, test Problems
for standard deviation.

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2.4 t test – characteristic – conditions – utility - t test Theory and

for means. Problems
2.5 Test for proportions, Paired t test. Theory and
Problems
2.6 Testing the significance for correlation coefficient, Theory and
z transformation. Problems
2.7 Confidence limit for mean and proportion. Theory and
Problems
2.8 F test - applications. Theory and
Problems
2.9 Analysis of Variance – applications – conditions to Theory and
be satisfied – One way and two way ANOVA. Problems
Module 3- Non- parametric tests – 20 hours
3.1 Non parametric tests – meaning – applications – Chi Theory and
square test – applications – Goodness of fit- Problems
Independence of attributes- Homogeneity-
Population variance.
3 3.2 Sign test – applications - One sample sign test - Theory and
Paired sample sign test. Problems
3.3 Run test- Mann Whitney U test, Kruskal Wallis H Theory and
test. simple
problems
Module 4- Statistical Quality Control – 12 hours
4.1 SQC meaning – scope – applications -advantages Theory
and limitations- Techniques of SQC – Types of
control.
4.2 Control charts for variables - X chart, R chart. Theory and
4 Problems
4.3 Control chart for attributes ‗p‘ chart, ‗np‘ chart and Theory and
‗c‘ chart. Problems
4.4 Sampling Inspection Plan- Types- Producer risk and Theory only
consumer risk.
Mod ule 5 – I ntroduction to Multivariate Analysis – 8 hours
5 5.1 Multi-variate analysis- Meaning and Objectives – Theory only
Variables in multi variate analysis-
5.2 Important multivariate techniques- (Overview and Theory only
theory only) Multiple regression, Multiple
discriminant analysis- MANOVA, Factor analysis.

Suggested Assignments

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1. Review the analysis chapter of a thesis selected from MGU e-thesis

(www.mgutheses.in) portal and make a report of analysis based on statistical tools
applied.
2. Suggest some real cases suitable for doing sign test or run test related to capital market
for making a report.
Recommended Text Books
1. Statistical Methods by Gupta S P -Sultan Chand and Sons, New Delhi.
2. Fundamentals of Statistics by Gupta, S.C. Himalaya Publishing House.
3. Fundamentals of Statistics by Elhance D N- Kitab Mahal Publications.
4. Quantitative Techniques- Digambar Patri and D N Patri, Kalyani Publishers.
5. Fundamentals of Business Statistics by Sharma J K - Pearson Education India.
6. Basic Statistics by Agrawal B.L. -New Age International Publishers.
7. Business Statistics by Sharma J K, Pearson Education India.
References:
1. Statistics for Management by Levin, Richard and David S. Rubin- Prentice Hall of India.
And Williams.
2. Complete Business Statistics by Amir D Aczel and Jayavel Sounderpandian, Tata
McGraw Hill.
3. Statistics for Business and Economics by Anderson, Sweeney, Cengage Learning.

Break up of Theory and Problems for Examination Section A-

5 Theory 5 problems
Section B – 3 Theory 5 Problems
Section C- 4 Problems

Course Code CM010205

Title of the Course STRATEGIC MANAGEMENT
Semester Two
Type Core
Credits 4
Hours 5 per week and Total 90

Objective of the course

To provide an awareness regarding various types of strategies and applications of same
along with strategic formulation, implementation and evaluation.
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
1 Strong understanding about the theoretical Understanding PSO1
foundations of strategic management.

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 35

2 Clear understanding about various models of Understanding PSO1

environmental and internal analysis.
3 Development of an idea about the strategy Understand PSO1
formulation process at the corporate level.
4 Familiarization with various tools strategic Evaluate PSO1
planning and evaluation.
5 Understanding about the modes of Understanding PSO1
implementation and control of strategies.

Unit-wise Arrangement of the Course

Module Unit Contents Remarks
No No
Modu le 1- In troduction to Strategic Management and Corporate Strategic
Planning- 18 hours
1.1 Business Policy – Meaning and Importance- Short question and
Essentials of a good policy- Types of policy. Short Essay

1.2 Strategy- meaning and definition – Short question and

importance –features - Strategy Vs Policy - Short Essay
Strategic Management- Importance of
1 Strategic Management.
1.3 Mission and Vision of the firm – Need for Short question
mission and vision statement-Goals and Short Essay and
Objectives- Hierarchal levels of planning. Long Essay
1.4 Strategic planning - Strategic planning Short question
process. Short Essay and
Long Essay
Mod ule 2- Environment Analysis & Internal Analysis of Firm- 22 hours
2.1 Situational Analysis and Strategic Analysis- Short question
- General environment scanning, competitive Short Essay and
2
& environment analysis. Long Essay
2.2 PEST Analysis - Michael Porter‘s Five Short question
Forces Model. Short Essay and
Long Essay
2.3 Assessing internal environment through Short question
functional approach and value chain. Short Essay and
Long Essay
2.4 Identifying critical success factors - Short question
identification of strengths & weaknesses - Short Essay and
SWOT audit. Long Essay
2.5 Industry analysis-meaning – need - TOWS Short question and
matrix. Short Essay
2.6 Core Competence – Scenario Planning. Short question and
Short Essay
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Module 3- Strategic Formulation- 22 hou rs

3.1 Strategic formulation process – basic Short question
principles - Modes of Strategic Formulation. Short Essay and
Long Essay
3.2 Types of Strategies- Functional level- Short question
Business Level and Corporate Level Short Essay and
Strategies. Long Essay
3.3 The BCG Matrix - Strategic Alternatives at Short question
3
Corporate Level- Grand strategies - Generic Short Essay and
Strategies. Long Essay
3.4 Strategic Alliance and Joint Ventures- Short question
Mergers and Acquisition Strategies. Short Essay and
Long Essay
3.5 Re engineering and Integration. Short question and
Short Essay
Module 4- Tools of Strategy Planning and Evaluati on- 12 hours
4.1 Competitive Cost Dynamics-Experience Short question and
curve-cash flow implication. Short Essay
4.2 IA-BSmatrix- A.D. Little‘s Life-cycle Short question and
4 approach to strategic planning. Short Essay
4.3 Business portfolio balancing – Assessment Short question and
of economic contribution of strategy - Short Essay
Strategic funds programming.
Mo dule 5- Strategy implementation & Control- 16 hours
5.1 Inter-relationship between Strategy Short question
Formulation and Implementation-Issues in Short Essay and
Strategic Implementation- Various Long Essay
approaches to implementation of strategy.
5.2 Matching organisation structure with Short question
strategy - 7S model. Short Essay and
5
Long Essay
5.3 Strategic Change- Strategic control process Short question
– Types of Strategic Control. Short Essay and
Long Essay
5.4 Du Pont's control model - Balanced Score Short question and
Card - Future of Strategic Management. Short Essay

Suggested Assignments
1. Case study on strategic management issues.
2. Comparison of strategies followed by Indian companies in various situations.

Recommended Text Books

1. Business Policy and Strategic Management, Subha Rao Himalaya Publishing House,
Mumbai.
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2. Cases in Strategic Management, Budhiraja, S.B. and M.B. Athreya Tata McGraw Hill,
New Delhi.
3. Strategic Management , Francis Cherunilam , Himalaya Publishing House.
4. Text book of Strategic Management, U.C. Mathur, ,Macmillain India limited.
5. Strategic Management- C N Sontakki- Kalyani Publishers.

References
1. Michal, E Porter: The Competitive Advantage of Nations, Macmillan, New Delhi 2.
Study Material of CA IPCC.
3. David Fred R, Strategic Management, Prentice Hall, NewJersey.

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SEMESTER - III
THIRD SEMESTER COURSES

Course Code CM010301

Title of the Course STRATEGIC FINANCIAL MANAGEMENT
Semester Three
Type Core
Credits 5
Hours 6 per week and Total 108

Objectives of the Course:

To apply financial management concepts and theories for strategic financial
management decision making.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Learn the theoretical foundations of financial Understand PSO4
management and financial management and
decisions. Remember
2 Evaluate the feasibility of different options Evaluate PSO4
regarding discount, credit period, storage cost and Apply
etc related to current assets and current
liabilities and estimate working capital
requirements.
3 Evaluate long term proposals and evaluate the Evaluate PSO4
risk associated with long term investment. and Apply
4 Evaluate the decisions regarding leasing of Evaluate PSO4
capital assets. and Apply
5 Evaluate and Compare the performance of Evaluate PSO4
business entities. and Apply

Unit wise Arrangement of the Course

Module Sl. No. Contents of the Unit Remarks
of Units
Mod ule 1: Financial Management Decisions- 28 hours
1.1 Decisions in Financial Management – Financing Theory
Decisions, Investing Decisions and Dividend
Decisions.

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1.2 Capital Structure -Factors determining Capital Theory and

Structure Theories- Relevant School and Problem
1 Irrelevant School- Optimum Capital Structure
1.3 EBIT-EPS Analysis – Points of indifference. Theory and
Problem
1.4 Leverage – Financial leverage – Operating Theory and
Leverage – Combined Leverage - Practical Problem
problems involving leverage.
1.5 Dividend decisions- Walter‘s Model, Gordon Theory and
Model and MM approach to dividend- Dividend Problem
policies of companies.
Mod ule 2: Management of Working Capital- 25 hours

2.1. Management of working capital – Liquidity and Theory and

Profitability – Working Capital financing Problem
decisions – The working capital cycle –
Effectiveness of working capital based on its
operating and cash conversion cycles–-(including
practical problems in all possible areas)
2.2 Cash Management - Objectives of holding Cash – Theory
Strategies for Cash Management – Cash
management Models – Management of
Marketable Securities
2 2.3 Debtors Management - Credit Policy Decisions - Theory
Determination of Credit Period and Rate of
Discount under different circumstances – Ageing
Schedule – Collection Policy – Impact of different
Collection Policies on cash position and
profitability- Management of Accounts Payable.
2.4 Inventory management –Inventory management Theory
techniques – Impact of change in purchase
quantity on cost and profitability.
2.5 Practical problems related to cash, debtors, Theory and
creditors and inventory. Problem
Module 3 : Long Term Capital Investment Decisions- 25 h ours
3.1 Capital budgeting – Objectives – Significance. Theory
3.2 Methods of investment appraisal – Pay-back period Theory and
– discounted payback period – Accounting Rate of Problem
Discount.
3
3.3 Net Present Value – Impact of Taxation and Theory and
inflation on NPV analysis – Capital Rationing – Problem
Equivalent annual cost – Adjusted Present Value -
IRR – Modified IRR – Profitability Index.

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3.4 Risk and Uncertainty in capital budgeting – Theory

Methods of assessing risk – Probability Analysis –
Certainty equivalent Method – Risk Adjusted
Discount Method – Monte Carlo Simulation
Method – Decision Tree Analysis – Scenario
Analysis – Sensitivity Analysis.
3.5 Problems involving assessment of risk. Theory and
Problem
Module 4: Lease Financing- 12 hours
4.1 Leasing – Meaning – Classification of Leasing – Theory
Significance.
4.2 Advantages and limitations of lease financing – Legal Theory
4 frame work regarding lease financing in India.
4.3 Financial Evaluation of Leasing decisions . Theory and
Problem
Module 5- Advanced Ratio Analysis for Performance Evaluation- 18 hours
5.1 Ratios for Assessing Liquidity, Profitability, Theory and
Productivity, Leverage and the theoretical base Problem
explaining the inter linkage between the ratios in
explaining the performance effectiveness of
businesses.
5 5.2 Ratios for investment decision making. Theory and
Problem
5.3 Ratios for assessing asset quality of financial Theory and
institutions. Problem
5.4 Comparison of performance of financial Theory and
institutions using CAMEL/CARAMEL models. Problem

Suggested areas for Assignments

1. Make a report on the cost of capital, leverage, profitability and performance of shares
of the companies.
2. Compare the performance of banks/ insurance companies using
CAMEL/CARAMEL models.

Recommended Text Books

1. Financial Management, M Y Khan and P K Jain Tata McGraw Hill.
2. Financial Management, I M Pandey Vikas Publications.
3. Financial Management, CA Saravanaprasath and CA B. Shekhar, Wolters Kluver.
4. Financial management, Prasanna Chandra Tata Mc Graw Hill.
5. Financial Management – Ravi M Kishore, Taxmann Publications.
6. Financial Management – P V Kulkarni and Sathyaprasad- Himalaya Publishing.

Reference

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1. Study Material of IPCC and Final by ICAI.

2. Study Materials of CIMA.
3. Fundamentals of Financial Management- James C Van Horne and John M Wachowicz,
PHI.

Break up of Theory and Problems for Examination

Section A- 6 Theory 4 problems
Section B – 4 Theory 4 Problems
Section C- 2 Theory and 2 Problems

Course Code CM010302

Title of the Course INCOME TAX - LAW AND PRACTICE
Semester Three
Type Core
Credits 5
Hours 7 per week and Total 126

Objectives of the Course:

To impart basic knowledge about income tax rules and equip the students to compute
total income of an individual.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Acquire knowledge regarding the basic concepts Remember PSO4, 6
of Income Tax.
2 Able to compute the income from salary and house Understand, PSO4, 6
property. Apply
3 Determine taxable profit of a business or Understand, PSO4, 6
profession. Apply
4 Able to compute capital gain and income from Understand, PSO4, 6
other sources. Apply
5 Able to calculate Gross Total Income of an Understand, PSO4, 6
individual. Apply
6 Learner shall be able to determine eligible Understand, PSO4, 6
deductions and compute Taxable Income and Apply and
tax liability of an individual. Evaluate

Unit wise arrangement of the Course

Module Sl. No. Contents of the Unit Remarks

of Units

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Module 1: Introduction- 12 hours

1.1 Brief History of Income tax in India - Basic Theory
Concepts- Finance Act- Definitions -Rates of
Income Tax.
1.2 Accelerated Assessment. Agricultural Income- Theory
1
Partly Agricultural Income.
1.3 Capital and Revenue. Theory
1.4. Residential Status of different assessees- Theory and
Incidence of tax- Exempted Income. Problems
Module 2 : Salary & Income from House Property- 28 ho urs
2.1. Salary - Chargeability – Theory and
Definition- Allowances. Problems
2.2 Perquisites – valuation of perquisites- Profit in Theory and
2
lieu of salary. Problems
2.3 Deductions from salary- treatment of Provident Theory and
funds. Problems
2.4 Computation of Taxable Salary. Theory and
Problems
2.5 Income from House Property- Basis of Charge- Theory
Deemed ownership –Exemptions.
2.6 Annual value determination in various cases- Theory and
Deductions –Treatment of Unrealised rent, Problems
recovery of unrealized rent and arrears of rent.
2.7 Computation of Income from House Property. Theory and
Problems
Module 3: Profit and Gains of Business or Profession- 26 hours
3.1 Chargeability-Rules for assessment of business Theory and
income – Deductions expressly allowed – Other Problems
deductions under section 36 and 37.
3.2 Expenses expressly disallowed – Expenses not Theory and
deductible in certain circumstances – Expenses Problems
allowable only on actual payment –Provisions
3
regarding maintenance of accounts and audit.
3.3 Depreciation – Block of assets – Computation of Theory and
allowable depreciation and book value of the Problems
block of assets
3.4 Computation of profits and gains from Theory and
business or profession Problems
Module 4: Capital gains & Income from other sources- 25 hours
4.1 Basis of charge- Capital Assets - Short-term and Theory and
4 Long- term capital gains. Problems

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4.2 Transfer of capital assets- Cost of Acquisition – Theory and

Indexation of cost of acquisition. Capital Gains Problems
exempt from tax.
4.3 Capital Gains exempt from tax- Computation of Theory and
taxable capital gain and tax liability on capital Problems
gain.
4.4 Income from other sources General chargeability
-Specific Chargeability, Kinds of
securities & Grossing up of interest- Bond Theory and
washing transaction - Deductions allowed Problems
Deduction not permitted.
4.5 Computation of income under the head Income Theory and
from Other Sources. Problems
Module 5: Computation of Gross Total Income – 15 ho urs
5.1 Aggregation and Clubbing of income of other Theory and
persons - Computation of deemed income. Problems
5.2 Set off and carry forward of losses- Intra-head Theory and
5 and Inter-head set off-Order of set off - Rules Problems
regarding carry forward.
5.3 Computation of Gross Total Income. Theory and
Problems
Modul e 6: Computation of Total Income and Tax Liability of Individuals –
20 hours
6 6.1 Deductions Under Chapter VI A. Theory and
Problems
6.2 Rebate – Relief – Treatment of Agricultural Theory and
Income. Problems
6.3 Calculation of Total Income – Tax Liability of Theory and
Individuals. Problems

Suggested Assignments
1. Make a survey about the awareness about the basics of Income Tax among different
segments of the population and make a report on that.
2. Calculation of taxable income of various categories of individual assessees like salaried
employees, those having profits from business, rental income from House Property etc

Suggested Text Books

1. Direct Taxes Law and Practice- Dr H C Mehrotra and Dr S P Goyal- Sahitya Bhawan
Publications.
2. Direct Taxes Law and Practice- Dr. Girish Ahuja ;Dr. Ravi Gupta, Bharat Law House
Pvt. Ltd.
3. Direct Taxes Sri T N Manoharan- Snow White Publications.

Reference
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1. Direct Taxes Law and Practice- Singhania V K, Taxmann Publications Ltd.

2. Direct Taxes – Law and Practice, Bhagwathi Prasad- WishwaPrakashana.
3. Study material for IPCC on Direct Taxation by ICAI.
4. Study material on Direct Taxes by ICMAI.
5. Income Tax Act and Rules.

Break up of Theory and Problems for Examination Section A-

5 Theory 5 problems
Section B – 3 Theory 5 Problems
Section C- 4 Problems

Course Code CM010303

Title of the Course SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
Semester One
Type Core- Elective
Credits 4
Hours 6 per week and Total 108

Objectives of the Course:

To create awareness among the learners about different investment avenues, enrich them
to handle modern portfolio techniques to construct efficient portfolios, evaluation and revision
of the inefficient portfolios.
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
1 Able to understand the concepts of investments, Understand PSO4, 6
different types of investments, views of investment and Apply
and process of investment and apply the theoretical
knowledge in investment information for selecting
the securities.
2 Understanding the types of risk in security market Understand PSO4, 6
and Applying various tools for the valuation of bonds and Apply
as well as economic indicators to predict the market.
3 Understand the tools of technical analysis, analyse Understand , PSO4, 6
the patterns and trends in the market by using Evaluate and
various tools and enable to take investment Apply
decisions after understanding market efficiency
level also.
4 Applying Modern portfolio theories and construct Understand, PSO4, 6
optimum portfolios. Apply and
5 Revising constructed portfolios as per risk and return Understanding PSO4, 6
association by using different strategies.

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Unit wise arrangement of the course

Module Sl. No. Contents of the Unit Remarks
of Units
Module 1- Investment- 15 hours
1.1 Different views on investment – types of investment Short
– characteristics of investment – objectives of question,
investment. Short essay,
Long essay
1.2 Types of investors – investment vs. speculation – Short
1 investment vs. gambling – speculation vs. question,
gambling. Short essay
1.3 Assets – financial assets – real assets. Short
question,
Short essay,
Long essay
1.4. Investment process – investment information – Short
sources of investment information. question,
Short essay,
Long essay
Module 2- Security Analysis- 20 hours
2.1. Security Analysis – meaning – tools – risk – risk in Theory and
investment – components – classification – problems
systematic risk – unsystematic risk – risk
measurement- methods.
2.2 Bond : types, risk, return and valuation – convexity Theory and
– duration of a bond. problems
2.3 Fundamental analysis – economic analysis :-
economic forecasting, economic indicators, Short
diffusion and composite indices, business question,
2 Short essay,
confidence index.
Long essay
2.4 Industry analysis: economy and industry analysis, Short
industry groups, industry life cycle analysis, question,
structural analysis. Short essay,
Long essay
2.5 Company analysis: qualitative analysis, quantitative Short
analysis, methods and tools. question,
Short essay,
Long essay
Mo dule 3- Technical Analyses and EMH – 28 hours
3.1 Meaning – basic assumptions – Dow theory – Short
Elliot wave principles – neutral network. question,
3
Short essay,
Long essay

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3.2 Charts: line charts, bar charts, point and figure Short
charts, candlestick chart – trends: support and question,
resistance level. Short essay,
Long essay
Theory
3.3 Chart patterns – types of trends – head and Short
shoulders – inverted head and shoulders – double question,
top and bottom – rounding bottom – triangles, flags, Short essay,
Long essay
gaps.
3.4 Advanced technical indicators: volume of trade – Theory and
breadth of the market – short sales – moving problems
average – relative strength index – ROC index
(illustrations) – limitations of technical analysis –
fundamental vs. technical.
3.5 Limitations of technical analysis – fundamental vs. Short
technical. question,
Short essay,
Long essay
3.6 Efficient market theory – market efficiency – Short
random walk theory – weak form efficiency question,
(empirical tests) – semi strong form (empirical Short essay,
test) – strong form – market inefficiencies – Long essay
relevance of efficient market theory.
Module 4: Portfolio Analysis- 27 hours
4.1 Meaning – uses – importance – portfolio Theory and
construction – approaches – traditional approach – problems
modern approach – portfolio risk and return.
4.2 Markowitz model – selection of securities – Theory and
construction of efficient frontier including problems
4 problems.
4.3 Utility analysis – Portfolio selection and Theory and
construction – Sharpe single index model – Problems
portfolio optimization.
4.4 Capital Market theory – Capital Asset Pricing Theory and
Model – Arbitrage pricing theory. Problems
Mod ule 5: Portfolio Evaluation and Revision- 18 hours
5.1 Meaning – need – different tools – Sharpe‘s Theory and
performance index – Treynor‘s performance index Problems
– Jenson‘s performance index – Fama‘s
performance measure (simple illustration on tools).
5
5.2 Portfolio revision – meaning – need – approaches – Short
passive management – active management. question,
Short essay,
long essay
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5.3 Portfolio revision strategies – rebalancing strategies Theory and

– formula plans (simple illustration on different Problems
strategies).

Suggested Assignments
1. Make a comparison between the shares in large cap/mid cap using tools included in the
syllabus.
2. Make an analytical study on the performance of different shares during different phases
of business cycles.
3. Make a study on the impact of some major events on the security prices.
Recommended Text Books
1. Security Analysis and Portfolio Management–Punithavathy Pandian, Vikas Publishing
House Pvt. Ltd.
2. Security Analysis and Investment Management – O.P. Agarwal, Himalaya Publishing
House.
3. Investment management, Bhalla VK, S. Chand & Company.
4. Security Analysis and Portfolio management, S.Kevin., PHI.
5. Investment Management – V A Avadhani- Himalaya Publishing House
6. Security Analysis and Portfolio Management- Preethi Singh- Himalaya Publishing House
Additional References
1. Security Analysis and Portfolio Management-Donald E.Fischer and Ronald J.Jordan,
Pearson Education.
2. Fundamentals of Investments – Gordon J. Alexander, William F. Sharpe, Jeffery
V.Bailey, PHIL earning Private Limited.

Break up of Theory and Problems for Examination Section A-

8 Theory 2 problems
Section B – 5 Theory 3 Problems
Section C- 3 Theory and 1 Problem

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ELECTIVE COURSES (One per group for the semester)

Group 1- Finance and Taxation Stream

Course Code CM800301
Title of the Course INDIRECT TAX LAWS
Semester Three
Type Core-Elective
Credits 4
Hours 6 per week and Total 108

Objective of the Course:

To enable the learner to have an understanding on the provisions of major Indirect Tax
Laws and Rules
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
1 Understand the basic concepts of the Goods Understanding PSO4, 6
and Services Tax
2 Develop a clear idea about the levy and Understanding PSO4, 6
collection of tax and tax credit
3 Develop the knowledge about the provisions Understand PSO4, 6
regarding registration , preparations of books of and Apply
accounts and filing of returns under the Act
4 Understand about the powers of GST Understanding PSO4, 6
authorities regarding inspection, search and
seizure
5 Basic understanding about the Customs Law in Understanding PSO4, 6
India.

Unit wise arrangement of the course

Module Sl. No. of Contents of the Unit Remarks

Units
Mo dule 1: GST – An Introduction – 23 hours
1.1 Tax-Direct and Indirect Tax-GST-Stages and Short
evolution of GST in India-GST Bill-GST question,
1 Council-Need for GST in India- Challenges for Short essay
the introduction of GST in India- Benefits of
GST

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1.2 Subsuming of taxes-Framework of GST in Short

India-CGST-SGST-UTGST-IGST- question,
Computation-GSTN-GST Common Short essay
PortalHSN-SAC-GSTIN-Goods outside the
scope of GST
1.3 Concepts- Agent- Aggregate Turnover- Short
Agriculturist-Assessment-Business-Business question,
Vertical-Capital Goods-Casual Taxable Short essay
Person-Central Tax-Common and Long
portalComposite supply-Continuous Supply of essay
goods-Continuous supply of servicesCouncil-
Electronic Commerce-Electronic
Commerce Operator- Exempt Supply
1.4. Goods-Input-Input Service- Input Service Short
Distributor- Input tax-Input Tax Credit- question,
Inward Supply- Job work- Location of the Short essay
and Long
recipient of services-Location of the supplier
essay
of services-Manufacture-Mixed Supply-
Nonresident Taxable Person-Non-taxable
territory-Output Tax-Outward Supply
1.5. Person-Place of Business-Principal-Principal Short
Place of Business-Principal SupplyRecipient- question,
Registered Person-Reverse Short essay
Charge-Services-Supplier-Taxable and Long
PersonTaxable Supply-Taxable Territory- essay
Works Contract.
Modul e – 2: Levy and collection of tax, time, value and place of supply and
input tax credit – 25 hours
2.1. Supply-Scope of Supply-Tax liability on Short
Composite and Mixed Supplies-Levy and question,
Collection-Reverse Charge-Electronic Short essay
and Long
Commerce Operator-Composition Levy. Time
essay
of supply of goods-Time of supply of services-
Value of taxable supply. Place of Supply
2.2 Eligibility and conditions for taking input tax Short
2 credit-Apportionment of credit-Blocked question,
Credits-Availability of credit in special Short essay
and Long
circumstances-Reversal of credit under special
essay
circumstances
2.3 Job Work-Input tax credit in respect of inputs Short
and capital goods sent for job work-Input question,
Service Distribution Short essay
and Long
essay

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2.4 Manner of distribution of credit by Short

ISDRecovery of excess credit by ISD-Availing question,
and utilization of ITC-Computation of GST. Short essay
and Long
essay
2.5 Problems on Time and place of supply, Value Problems-
of supply, value of taxable supply, Input tax Short
credit, Invoice value, GST payable answer, short
essay
and long
essay
Modul e 3 : Registration, Tax Invoice, Credit and Debit Notes, A ccounts and
Recor ds, Returns, Payment of Tax and Refund, Assessment and Audit- 25
hours
3.1 Person liable for registration-Person not liable Short
for registration-Compulsory question,
Registration-Procedure for registration- Short essay
UINDeemed Registration-Special provisions and Long
relating to casual taxable person and essay
nonresident taxable person
3.2 Cancellation of registration-Revocation of Short
cancellation of registration. Tax InvoiceCredit question,
and debit notes- Short essay
and Long
essay
3.3 Prohibition of unauthorized collection of tax- Short
Accounts and records to be maintainedPeriod question,
3 of retention of accounts. Furnishing details of Short essay
and Long
outward supplies-Furnishing details of inward
essay
supplies-Furnishing of returns by regular tax
payers
3.4 First Return-Claim of input tax credit and Short
provisional acceptance-Matching, reversal and question,
reclaim of input tax credit-Matching, reversal Short essay
and reclaim of reduction in output tax liability
3.5 Annual Return-Final Return-Default in Short
furnishing return-Information return-GST question,
practitioners. Payment of tax, interest, penalty Short essay
and Long
and other amounts
essay

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3.6 Electronic Cash Ledger-Manner of utilization Short

of amount in Electronic Cash question,
LedgerElectronic Credit Ledger-Manner of Short essay
and Long
utilization of ITC-Electronic Liability Ledger-
essay
Order of discharge of tax and other dues
3.7 Computation-Interest on delayed payment of Short
tax-Tax Deduction at Source-Collection of question,
Tax at Source. Refund of tax-Situations-Time Short essay
Limit-Order of refund-Principle of unjust and Long
enrichment-Consumer Welfare Fund- essay
Withholding of refund-Interest on delayed
refunds.
3.8 Self-assessment-Provisional Short
AssessmentScrutiny of returns-Assessment of question,
non-filers of returns-assessment of Short essay
and Long
unregistered persons-Best judgement
essay
assessmentSummary Assessment. Audit by tax
authorities-Special audit.
Module 4: Authorities, Inspection, search, seizure and arrest, Demand and
Recovery, Offences and Penalties, Appeals and Revision – 15 hours
4.1 Power of inspection, search and Short
seizureInspection of goods in movement question,
Short essay
and Long
essay
4.2 E-Way Bill. Determination of Tax and Short
Recovery Proceedings- Modes-Offences and question,
4 penalties Short essay
and Long
essay
4.3 Appeal to Appellate Authority – Power of Short
Revisional Authority- Appeal to Appellate question,
Tribunal-Appeal to High Court-Supreme Short essay
Court-Non-Appealable decisions and Orders and Long
essay
Module 5 : An Overview of Customs Law in India – 20 hours
5.1 Constitutional Provisions-Overview of Short
Customs Law in India-Basic Concepts and question,
Definitions Short essay
5 5.2 Types of Duty-Levy of Tax-Point and Short
Circumstances of Levy-Classification of question,
Goods-Taxable event for Customs Duty Short essay
and Long
essay

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5.3 Valuation and Valuation Rules-Exemptions Short

from Customs Duty question,
Short essay,
Long essay
and problems
5.4 Warehousing-Import Export Procedure- Duty Short
drawback question,
Short essay
and Long
essay
5.5 Types of Warehouses-Warehousing Short
BondsPeriod of Warehousing-Removal of question,
goods from Warehouse-Clearance for home Short essay
and Long
consumption-Rules and Provisions regarding
essay
Baggage.

Suggested Assignments
1. Make a report on the state wise and national revenue on account of GST
2. Present different cases of valuation under GST and Customs Act
3. Compare the previous Indirect Tax regime with that of the present
Recommended Text Books
1) Handbook on Goods and Services Tax – CA Pushpendra Sisodia, Bharat Law House
2) Indirect Taxes - H.C Mehrotra, Sahitya Bhavan Publications, New Delhi
3) Indirect Taxes - Vinod K Singania,Taxmann‘s Publications, New Delhi
4) Illustrated Guide to Goods and Service Tax- C A Rajat Mohan- Bharat Publications
5) All about GST- V S Datey- Taxmann Publications.
6) Basics of GST- Nitya Tax Associates- Taxmann Publications
7) Beginner‘s Guide to GST- Dr Vandana Bangar and Dr Yogendra Bangar-
AadhyaPrakashanBanagar
8) Customs Law Manual- R K Jain- CENTAX Publications
9) Customs Law- V S Datey- Taxmann publications

Additional References
1) Bare Act CGST
2) Bare Act SGST
3) Bare Act IGST
4) Bare Act- Customs Act
5) Study Material of ICAI – IPCC and Final
Break up of Theory and Problems for Examination Section A-
8 Theory 2 problems
Section B – 6 Theory 2 Problems
Section C- 3 Theory and 1 Problem

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SEMESTER - IV

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FOURTH SEMESTER COURSES

Course Code CM010401

Title of the Course ADVANCED COST AND MANAGEMENT ACCOUNTING
Semester Three
Type Core
Credits 4
Hours 6 per week and Total 108

Objective of the Course

To enable the learner to apply principles and techniques of Cost and Management Accounting
in decisions making situations.
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
1 Apply activity based absorption methods Apply PSO1, 2
instead of conventional absorption method.
2 Apply the marginal costing principles in Apply PSO1, 2
decision making situations of businesses.
3 Dealing with practical cases of pricing Evaluate PSO1, 2
decisions in different situations
4 Understand the concepts of standard costing, Understanding PSO1, 2
and the process of cost control through it. and apply
5 Deal with the practical issues related to Apply PSO1, 2
transfer pricing

Unit wise Arrangement of the Course

Module Sl. No. of Contents of the Unit Remarks
Units
Module 1. Activity Based Costing - 25 hours
1.1 Meaning – Definition – Purposes of ABC - Cost Theory only
Object – Cost Drivers
1.2 Steps involved in installation of ABC system Theory
Stages involved in Activity Based Cost – and
Difference between Traditional Absorption Problems
Costing and ABC
1.3 Areas in which ABC information is used in Theory only
1 decision making – Activity Based Cost
Management – Benefits

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1.4. Business Applications of Activity Based Cost Problem and

management - Product Costing Under ABC Theory
1.5. Preparation of Cost and Profit Statement under Problem and
Traditional and ABC Theory
1.6 Activity Based Variance Analysis Problem and
and Budgeting Theory
1.7 Direct Product Profitability – Problem
Customer
Profitability Analysis.
Module 2 -Marginal Costing and Applications – 25 hou rs
2.1. Marginal costing – Marginal Costing Equation – Problem and
Break-even Point – Profit Volume Ratio – Theory
Advantages and Limitations of Marginal Costing

2.2 Cost volume profit analysis – Computation of PV Problems and

Ratio and Break Even Point Theory
2.3 Make or Buy Decision - Margin of Safety – Problems and
Effect of Change of sale price on overall BEP – Theory
2 Effect of change in product mix on BEP and PV
Ratio
2.4 – Indifference Point Computation – Shut down Problems
Point – Impact of Incremental Contribution
Analysis
2.5 New Product Launch – Problems and
Export Order Theory
Identification.
Mod ule 3:Pricing Concepts and Decisions – 15 hours
3.1 Pricing Methods – Cost Plus Pricing – Pricing to Problems and
earn targeted Profit - Variable Cost Pricing – Theory
Situations where MCP is applied
3.2 Incremental Pricing – Conversion Cost Method – Problems and
Efficiency Curve Method Sealed Bid Pricing – Theory
3 Going Rate Pricing
3.3 New Product Pricing Strategies - Skimming Problems and
Price Policy – Penetration Strategy Theory
3.4 Distributor Discount and its Problems and
impact on Profitability – Pareto Analysis Theory
– Export Offer Pricing.
Module 4: Standard Costing – 13 hours
4.1 Standard Cost – Meaning and definition – Std Theory only
costing as a control process – Types of standards
4 - Variance – Process of Standard Costing –
Advantages and limitations of Standard costing.

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4.2 Material Cost Variance- Price variance – usage Theory

variance – Mix variance – yield variance and
Problem
4.3 Labour Cost variance – Labour rate variance – Theory
Labour hour variance – Labour mix variance – and
Idle time variance Problem
Module 5: Transfer Pricing – 30 hours
5.1 Concept of Transfer Pricing – Objectives – Theory only
Criteria for setting Transfer Prices
5.2 Cost Based TP – Market Price Based TP – Theory
5 Negotiated TP and
Problems
5.3 Negotiated Transfer Pricing - Advantages and Theory
and
limitations, pre conditions for negotiated transfer Problems
pricing – Meaning, advantages and limitations
of Dual Rate TP System – Two Part Transfer
Pricing
5.4 Problems involving same TP but Different Problems
Output Levels – Divisional Profit Analysis
5.5 Preparation of Profit Statement when different Problems
TPs and Different output levels –Impact of
Opportunity Cost on TPs.

Suggested Assignments
1. Present a comparison of traditional absorption techniques and ABC based on a practical
situation.
2. Comparison of Profit Statement under Absorption Costing and Marginal Costing.
3. Calculation of variances in a practical situation

Recommended Text Books

1. Advanced Cost Accounting- S N Maheshwari- Sultan Chand & Sons
2. Advanced Cost Accounting- VK Saxena & C D Vashist, Sultan Chand & Sons
3. Advanced Cost Accounting- Jain & Narang- Kalyani Publishing House
4. Advanced Management Accounting- B. Saravana Prasath, Padhuka Publications
5. Cost Accounting, Ravi M Kishore, Taxmann Publication
6. Cost and Management Accounting – RK Shukla, Bharat Publications

Additional References
1. Study Material of IPCC and Final- ICAI
2. Study Material of ICMA

Break up of Theory and Problems for Examination Section A-

5 Theory 5 problems
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Section B – 3 Theory 5 Problems

Section C- 1 Theory and 3 Problems

Course Code CM010402

Title of the Course INCOME TAX – ASSESSMENT & PROCEDURES
Semester Four
Type Core
Credits 4
Hours 7 per week and Total 126

Objectives of the Course:

To enable the learners to advise assessees regarding their income tax queries and to be
trained to attend professional examinations in taxation.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Compute the total income and tax liability of Understand & PSO4, 6
firms and Association of Persons Apply
2 Carry out assessment of companies and Understand & PSO4, 6
determine their tax liability Apply
3 Make the assessment of co operative societies Understand & PSO4, 6
and trusts. Apply
4 Understanding about the assessment Understand & PSO4, 6
procedures, TDS and advance payment of tax Apply
and application in various situations
5 Learn tax planning concepts and apply the Understand & PSO4, 6
same Apply

Unit wise arrangement of the Course

Module Sl. No. of Contents of the Unit Remarks
Units
Modul e 1: Assessment of firms and AOPs – 35 hours

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1.1 Computation of firm‘s income –Determination of Theory

remuneration to working partners - Income of a and
partner from a firm – Book Profit (Legal Problem
provisions)
1.2 Computation of Book Profit Taxable Income Theory
and Tax liability of a firm – Computation of and
1 Income of the partners Problem
1.3 Change in the constitution of a firm – Succession Theory
of one firm by another firm – Set off of losses by and
a firm Problem
1.4 Assessment AoP/BoI - Computation of share of a Theory
member of AoP/BoI and
Problem
Mod ule 2: Assessment of Companies – 31 hours
2.1. Types of Companies – Residence of Companies Theory
– and
Problem
2.2 Minimum Alternative Tax – Tax Credit – Marginal Theory
2 Relief and
Problem
2.3 Company Assessment- Computations of Theory
Taxable Income and Tax Payable and
Problem
Mod ule 3: Asse ssment of Co operative Societies and Trusts – 30 hours
3.1 Deductions under section 80 P Theory
3.2 Rates of tax applicable to Co – operative Theory
Societies – Computation of total income and tax and
liability of co operative societies Problem
3.3 Trust; definition – types of trusts – Charitable Theory
or religious trusts – Income exempt in case of
charitable or religious trusts – Accumulation of
income and its investment – consequences of
mis-utilization of accumulated income –
3

3.4 Computation of total Income and tax liability of Theory

co-operative societies and
Problem
3.5 Conditions for availing exemption under Theory and
section 11 and 12 – Income deemed to have Problem
been used for the benefit of the founder – Tax
on anonymous donations – Computation of
total income and tax
Modul e 4: Incom e Tax Authorities and Assessment Procedures –15 hours
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4.1 Income tax authorities – General and specific Theory

powers of Income Tax Authorities
4.2 Voluntary Return of Income – Return of Loss – Theory
Belated Return – Revised Return – Compulsory
Return – Defective Return – Forms of Return of
Income
4.3 Filing of Return through TRP - e – filing of return – Theory
PAN – TAN – TIN - Interest for default in
4 furnishing Return of Income
4.4 Self assessment – Assessment on the basis of Theory
Return – Regular assessment – Assessment on the
basis of evidence – Best Judgement Assessment –
Re assessment – Precautionary Assessment –

4.5 Rectification of mistake – Notice of Demand- Theory

Returns through Tax Return Preparers
4.6 Deduction and Collection of Tax at Source- Theory
Advance Payment of Tax- Interest on short fall
of advance tax - Refund of Tax - Double
taxation avoidance
4.6 Problems in Deduction and Collection of Tax at Problems
Source- Problems in Advance Payment of Tax-
Interest on short fall of advance tax including
Interest under 234A, B and C – Double taxation
avoidance

Module 5- Tax Planning – 15 hours

5.1 Tax Planning -Tax Avoidance- Tax Evasion-Tax Theory
Management- Need of Tax Planning
5.2 - Tax Planning of individuals – Advantages and Theory
5 Limitations of Tax Planning.
5.3 Tax planning tips for individual assessees Theory and
Case type
problems

Suggested Assignments
1. Calculation of taxable income and liability of partnership firm and partners
2. Case Studies of Tax Planning
3. Training in filing of return and report on the same
4. Present a report on procedure for obtaining PAN, various formats of returns and
category of assesses to whom the returns are applicable

Suggested Text Books

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1. Direct Taxes Law and Practice- Dr H C Mehrotra and Dr S P Goyal- Sahitya Bhawan
Publications
2. Direct Taxes Law and Practice- Dr. Girish Ahuja ;Dr. Ravi Gupta, Bharat Law House
Pvt. Ltd
3. Direct Taxes Sri T N Manoharan- Snow White Publications

Reference
1. Direct Taxes Law and Practice- Singhania V K, Taxmann Publications Ltd.
2. Direct Taxes – Law and Practice, Bhagwathi Prasad- Wishwa Prakashana.
3. Study material for IPCC and Final on Direct Taxation by ICAI
4. Study material on Direct Taxes by ICMAI
5. Income Tax Act and Rules

Break up of Theory and Problems for Examination

Section A- 6 Theory 4 problems
Section B – 4 Theory 4 Problems
Section C- 1 Theory and 3 Problems

ELECTIVE COURSES (Two courses in the semester)

Group 1- Finance and Taxation Stream

Course Code CM800401

Title of the Course DERIVATIVES AND RISK MANAGEMENT
Semester Four
Type Core-Elective
Credits 4
Hours 6 per week and Total 108

Objectives of the Course:

To familiarize the students with the derivative markets and its evolution, compare and
evaluate the performance of different forward, futures and options contracts and understand the
various future and option pricing models.
Course Expected Course Outcome Cognitive Programme
Outcome Level Specific
No Outcome
Linkage
1 Knowledge about the derivative market in Remember PSO4, 6
India, its evolution, types, players, risks and Apply
involved and basic quantitative foundations
2 Analyze the implications of Risk in the Analyse PSO4, 6
perception of individuals and Institutions and Apply
and measurement of risks

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3 Understand and explain the concept of Understand PSO4, 6

forward market and its function ,
4 Analyse the operation and pricing of Analyse, PSO4, 6
various types of futures Creative
5 Understand the concepts and methodology Understand, PSO4, 6
of option trading and apply the models of analyse and
pricing the option contracts Creative
6 Develop an idea of exchanges through Understand PSO4, 6
swaps and apply

Unit wise Distribution of the Course

Module Sl. No. of Contents of the Unit Remarks

Units
M odule 1: Introduction to Derivatives – 10 hours
1.1 Derivatives – meaning – types of derivatives – Theory
evolution – economic benefit of derivatives –
classification of derivatives – limitations
1
1.2 derivatives market – history of derivatives – Theory
participants in derivatives market – functions of
derivatives market –
1.3 derivatives market in India – evolution, growth and Theory
development- Legal framework for Indian
derivative markets
1.4 quantitative foundations for derivatives – time Theory
value money – discounting and compounding and
techniques – continuous compounding Problems
Module 2: Risk – 10 hours
2.1. Risk in different markets (Commodity, Currency, Theory
and security market) – implications of risk – risk
perception of individual and institutions –
2
2.2 Measurement of risk – Value at Risk – Theory
Applications, uses and limitations of VaR – Risk and
Management using derivatives Problems
Module 3: Forward Contracts – 20 hours
3.1 Forward – meaning – features of forward contract Theory
– classification of forward contract – Forward and
prices – determination of forward prices (Theory Problems
3 and Problems)
3.2 Currency forwards – exchange rate quotation – Theory
direct and indirect rate – bid and offer rate – spot
rate and forward rate – foreign exchange risk –
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3.3 Hedging through forwards – speculation – Interest Theory

rate parity- Covered interest arbitrage- option
forward deals – closing forward contracts –
currency forwards and banks – advantages and
disadvantages of forwards.
Module 4: Futures Contracts – 30 hours
4.1 Futures contract – features – forward vs. futures – Theory
delivery terms – long and short positions – open
interest – types of futures – uses of futures –
4.2 trading mechanism – margin money requirements Theory
– basic concepts of futures pricing
4.3 models of futures pricing – cost of carry model in Theory
perfect market environment and imperfect market
environments (theory and problems) – deviations
from cost of carry model
4.4 Expectations model– Normal Theory
Backwardation model –
4.5 Commodity futures trading mechanism – Theory
Commodity futures market in India – Important
commodity exchanges in India –
4.6 Currency futures – clearing and settlement – use of Theory
currency futures –
4
4.7 Interest rate futures- Functions Theory
4.8 Operation of stock / index futures in India – Theory
specifications of futures contracts traded in BSE
and NSE –
4.9 Problems involving various types of futures- Theory
and
Problems
Module 5: Options and Swaps – 30 hours
5.1 Options – types – uses – basic concepts & Theory
terminologies – value of options – intrinsic value
and time value – option positions – pay off –
combination of options – Tunnels, spreads-exotic
options , lookback, barrier, compound, Asian
options
5
5.2 Option trading – option trading strategies – Theory
Basics, Spreads and Combinations- Straddle,
Strangle, Straps and Strips, Butterfly
5.3 Options trading in India – specifications of Theory
options contracts traded in BSE and NSE –
Options in commodity markets

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5.4 Numerical problems related to exercise of options, Theory

profits or loss to investors etc and
Problems
5.5 Option pricing – determinants of option pricing – Theory
put call parity theory and
Problems
5.6 models of option pricing – Black-Scholes model – Theory
assumptions – notations – calculation of option and
price – Pricing of European options and American Problems
options (theory and problems) –
5.7 Binomial model of option pricing – assumptions – Theory
methodology (theory and problems) – and
Problems
Module 6: Swaps – 8 hours
6.1 Swaps – features – classification – Interest rate Theory
and Currency Swaps- Mechanism of swaps-
6 6.2 Swapping through intermediaries – economic Theory
motives for swaps-Swaptions – Advantages and
Disadvantages of swaps

Suggested Assignments:
1. Evaluate the performance of different derivatives market
2. Check the efficiency of option pricing using real data from the market

Recommended Text Books

1. Commodities and Financial Derivatives, S. Kevin, PHI Learning Pvt. Ltd 2.
Financial Derivatives, SSS Kumar, PHI Learning Pvt. Ltd.
3. Fundamentals of Financial Derivatives, Prafulla Kumar Swain, Himalaya Publishing
House
4. Financial Derivatives- Theory, Concepts and Problems, S L Gupta, Prentice Hall of
India.
5. Fundamentals of Financial Derivatives, N R Parasuraman, Wiley India.

References
1. Options , Futures and Other Derivative securities, John C. Hull, PHI
2. Financial Derivatives, An Introduction to Futures, Forwards, Options and Swaps, Keith
Redhead, PHI
Break up of Theory and Problems for Examination

Section A- 8 Theory 2 problems

Section B – 5 Theory 3 Problems
Section C- 3 Theory and 1 Problem

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Course Code CM800402

Title of the Course PERSONAL INVESTMENT AND BEHAVIOURAL
FINANCE
Semester Four
Type Core
Credits 4
Hours 6 per week and Total 108

Objectives of the Course:

To equip the student to manage their personal finance, introduce the students the role of
human behaviour in financial decision making and identify persistent or systematic behavioural
factors/biases that influence investment behaviour.

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 Understand the meaning and significance of Understand PSO4, 6
Financial literacy, Financial Discipline & and Evaluate
Financial Competency, the role of family and
parents in financial socialisation
2 Understand and Evaluate the Significance of Understanding PSO4, 6
savings on financial destiny and it & Evaluate
relationship with Consumerism and to
understand the different elements/steps in
Personal Financial Planning to attain
Financial Well Being and Evaluate the
different retail investment avenues.
3 Know the meaning of Behavioural Finance, Understand & PSO4, 6
its evolution and related theories Remember
4 To understand different Heuristics, Biases Understanding PSO4, 6
and other Irrational Investment Behaviours and evaluate
5 Understand the relationship between biases Understand & PSO4, 6
and to adopt techniques to lower the impact Apply
of biases

Unit wise arrangement of the Course:

Module Sl. No. of Contents of the Unit Remarks

Units
Mo dule 1: Introduction to Household Financial Management – 18 hours
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1.1 Financial literacy - meaning - components of Short answer,

financial literacy - Methodology for assessing Short Essay
financial literacy –
1
1.2 Financial Discipline - Financial Competency Short answer,
- Financial capability - Short Essay and
Assessment of Long Essay
Financial capability
1.3 Family Financial Socialisation - Role of Short answer,
parents in financial socialisation - Short Essay and
Significance of family financial socialisation Long Essay
on financial capability and financial
competency
1.4. Financial distress of families and its causes - Short answer,
Significance of savings on financial destiny Short Essay and
of individuals and families – Long Essay
1.5. Trends in Domestic Savings in India - Effect Short answer,
of Consumerism and changing attitude Short Essay
towards life on domestic savings
Module 2: Savings, Investment & Financial Wellbeing – 20 hours
2.1. Retail Investment Avenues: Avenues like Short answer,
Mutual fund, SIP,SWPs, Post Office Short Essay and
schemes- Pension Plans-Micro finance Long Essay
options- Crypto Currencies- Crowd
Funding- Other options – All Investment
Avenues
2.2 Psychographic Models (Barnewall's Two Short answer,
Way Model, Bailard, Biehl, And Kaiser Five- Short Essay and
Way Model) Long Essay
2.3 Personal Financial Planning- House hold Short answer,
Budget- Analyzing house hold budget- Short Essay
Contingency Planning -Evaluating Personal
2. Financial Position – Saving ratio- Expense
ratio – Total Assets – Total Liability-
Leverage Ratio – Net worth
2.4 Short answer,
Personal loans- Insurance, Financial
Short Essay and
Advisory Services – Need and Scope -
Long Essay
2.5 Savings and Credit behaviour of individuals Short answer,
– Factors affecting saving and credit Short Essay and
behaviour - - Financial Well being – Long Essay
Meaning – Significance – Factors affecting
financial well being – Models for studying
financial well being – Economic well being
and its relation with financial well being.
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Mo dule 3: Beh avioural Issues in Financial Decision makin g – 25 hours

3.1 Behaviour and decision making - Financial Short answer,
Decision Making - Expected Value - utility - Short Essay and
The Expected Utility theory - Criticism of Long Essay
expected utility theory - Criticisms of EMH
3.2 Evolution of Behavioural Finance (BF) – Short answer,
Micro & Macro Behavioural Finance - Short Essay and
Assumptions of Behavioural Finance – Long Essay
3.
Building Blocks of Behavioural Finance -
uses of Behavioural Finance
3.3 Discounting - Hyperbolic Discounting Short answer,
Factors - foundations of behaviour- Short Essay and
behavioural models- Long Essay
3.4 Prospect theory- application of prospect Short answer,
theory Short Essay
Module 4: Influence of Bias on Financial Decision Making – 30 hours
4.1 Asymmetric Information – Egocentricity - Short answer,
Human Behavioural Theories - Heuristics Short Essay and
(Representativeness Heuristic, Availability Long Essay
Heuristic) - Deficient Market Hypothesis.
4.2 Biases - Emotional Bias (Endowment Effect, Short answer,
Loss Aversion, Disposition Effect, Statistical Short Essay and
Bias), Long Essay
4.3 Cognitive Bias (Confirmation Bias, Short answer,
Familiarity Bias, Overconfidence, Short Essay and
4. Anchoring, Reference Price Effect). Long Essay
4.4 Other Irrational Investment Behaviour Short answer,
Groupthink Bias, House-Money Effect, Herd Short Essay and
Behavior, The Story of Dotcom Herd, Long Essay
4.5 Thought Contagion, Overreaction, Gambler's Short answer,
Fallacy, Hot-Hand Bias, Short Essay and
Procrastination, Conservatism, Superstition. Long Essay
4.6 Framing - Loss Aversion - Regret Aversion Short answer,
- Mental Accounting - Self Control - Short Essay and
Sensation Seeking Long Essay
Mo dule 5: Ways to Overcome Biases – 15 hours
5.1 Interaction Between Biases - Outcomes Of Short answer,
Biases - Intermediate Outcomes - Final Short Essay and
Outcomes Long Essay
5 5.2 Dealing With Biases - Overcoming The Short answer,
Biases - Debiasing (Identification of Short Essay and
Potential Bias, Considering Techniques to Long Essay

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Lower the Impact, Evaluation of Selected

Technique)

Suggested Assignments
1. Conduct a survey regarding the attitude of the people towards savings, investment and
enjoying the present life
2. Conduct a survey about the level of awareness of people about different investment
avenues and their perceptions about such avenues.
3. Identify various biases in categories of investors by conducting a survey.

Recommended Text Books

1. Personal Finance , Jack R Kapoor, Les R Dlabay, Robert J Hughes McGraw Hill
Education (India) Pvt Ltd, New Delhi
2. Tvede, Lars, (2002), The Psychology of Finance: Understanding the Behavioural
Dynamics of Markets, Weily
3. Monitor, James, (2002). Behavioural Finance: Insights into Irrational Minds and
Markets, Oxford University Press.
4. Sulphey, M. M.: Introduction to Behavioural Finance, PHI Learning P. Ltd., New Delhi
5. Lucy A. Akert and Richard Deaves, Understanding Behavioural Finance, Cengage
Learning.

Additional References
1. Personal Finance: Turning Money into Wealth and Student Workbook, Arthur J. 2.
Keown, Prentice Hall Thaler, Richard H. (1993), Advances in Behavioral Finance, Russell
Sage Foundation
3. Shefrin, Hersh, (2000). Beyond Greed and Fear: Understanding Behavioral Finance and
the Psychology of Investing, Harvard Business School Press.
4. Shleifer, Andrei, (2000). Inefficient Markets: An Introduction to Behavioral Finance,
Oxford University Press.
5. Singhal, Vijay, Beyond the Random Walk: A Guide to Stock Market Anomalies and
Low-Risk Investing, Oxford University Press.
6. Thaler, Richard &Barberis, Nicholas. (2002) A Survey of Behavioral Finance,
http://dx.doi.org/10.2139/ssrn.327880
7. More Than You Know Finding Financial Wisdom in Unconventional Places (By Michael
J. Mauboussin Columbia University Press)
8. Kahneman, Daniel & Tversky, Amos. (2000). Choices, Values and Frames. Cambridge
University Press
9. Julie Berkenmair, Financial Capability and Asset Development, Research, Education
Policy and Practice, Oxford University Press
10. Albert Bandura, Social Foundations of Thought & Action- A Social Cognitive Theory,
Prentice Hall
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Core Course- Project Report for all streams

Course Code CM010403

Title of the Course PROJECT REPORT
Semester Four
Type Core- Project
Credits 4
Hours NA

Course Expected Course Outcome Cognitive Level Programme

Outcome Specific
No Outcome
Linkage
1 Quality Research Evaluate, Analyse PSO3, 4 and
Output and and Apply PO3,5,6
presentation

Guidelines for Project Report

1. All students shall prepare and submit project report as part of the programme. The project
has to be undertaken on an individual basis.
2. The general guidelines of PGCSS Regulations 2019 of M G University shall apply for both
Internal and External Evaluations of Project Report.
3. The Project shall be done under the supervision and guidance of faculty of the department.
4. The project work shall commence preferably by second semester and at least by third
semester. Students shall submit the report in the prescribed format at least three weeks
before the commencement of end semester examination of the fourth semester. Internal
assessment shall be based on completion of the project, following the norms prescribed in
general guidelines.
5. The area of project shall be related to business/ commerce/ related fields/ and may be
closely associated to the area of specialization. Topics shall also be selected with the help
of linkages with industry or policy making bodies.
6. The student shall submit copies of project report, either printed or typed. There shall be a
minimum of 40 pages and a maximum of 75 pages. The report may be hard bound or soft
bound or spirally bound and the printing can be either double sided or single sided. A
softcopy of the report may also be submitted to the department.
7. The report shall contain the following:
• Title page with topic, details of the student with register number, supervisor details and
month and year of submission.

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• Certificate from Supervising teacher and counter signed by the Head of the Department
with department seal.
• Declaration by the student which shall include plagiarism details also. The relevant
guidelines issued by the UGC and the University shall strictly be adhered to.
• Acknowledgement
• Contents
• Preferably 5 chapters with Chapter 1 presenting Introduction and Methodology,
Chapter 2 Literature Review, Chapter 3 Theoretical review, Chapter 4 Analysis and
Interpretation and Chapter 5 Findings, Conclusion, Suggestions etc. Guidelines
regarding chapterisation are not absolute and may be altered according to topic/
presentation convenience.
• Appendix (Questionnaire/Schedule , Secondary data used for analysis, Statistical
calculation details etc)
• Bibliography
(References may be presented in APA style)
8. The Internal Evaluation of the project shall be done at the department level and the
component presentation/viva shall be based on open presentation by the student, preferably
with the help of audio-visual aids, in the form of a defense of the project. The student has
to produce a certificate before the Viva Board from the Head of the Department stating that
the open presentation was done for the purpose of Internal Evaluation.
9. It is the responsibility of the student to put earnest effort for the completion of project. The
consequences of plagiarism beyond permissible level in project work may result in failure
of the course, in addition to other consequences.

Core Course- Comprehensive Viva for all streams

Course Code CM010404

Title of the Course COMPREHENSIVE VIVA
Semester Four

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Type Core- Viva

Credits 2
Hours NA

Course Expected Course Outcome Cognitive Programme

Outcome Level Specific
No Outcome
Linkage
1 The learner should have the capacity to Remember, PSO1 to 6 and
communicate his/her understanding in Evaluate PO5
various subjects studied. &Analyse

Guidelines for Comprehensive Viva

1. Comprehensive Viva will be a part of the programme and the external assessment will be
held at the end of fourth semester.
2. The viva shall cover courses of all semesters and basics of commerce and related fields.
3. Elective area of study shall be covered in viva.
4. The Internal Evaluation shall be done by the faculty of the department and shall cover
courses of all semester. The schedule of internal viva shall be announced sufficiently earlier
and shall be concluded before the commencement of end semester examinations of fourth
semester.
5. The student may opt for one course of his/her choice and the Viva Board may select other
courses from which questions may be asked.
6. The questions shall be a judicious mix of various categories of difficulty level.
7. The grades shall be awarded based on the answers, the communication skill and
presentation skill.

PROGRAM STRUCTURE & SYLLABUS PGCSS2019- MCOM