«COURSE STRUCTURE AND SYLLABUS (BASED ON UGC MODEL SYLLABUS) DEPARTMENT OF COMMERCE SCHOOL OF MANAGEMENT PONDICHERRY UNIVERSITY DEPARTMENT OF COMMERCE ...»
M.COM (BUSINESS FINANCE)
COURSE STRUCTURE AND SYLLABUS
(BASED ON UGC MODEL SYLLABUS)
DEPARTMENT OF COMMERCE
SCHOOL OF MANAGEMENT
DEPARTMENT OF COMMERCE (SOM) PONDICHERRY UNIVERSITY
M.COM (BUSINESS FINANCE) DEGREE PROGRAMME (CBCS)COURSE STRUCTURE (2011-12 BATCH ONWARDS)
LECTU MARKSHARD/ COURSE RE CRE (UE-
TITLE OF THE PAPER SOFTCODE HOURS DITS 60+IA- OPT P/W 40)
FIRST SEMESTERMCOM 411 MANAGEMENT CONCEPTS AND ORGANISATIONAL 4 H 4 100
BEHAVIOURMCOM 412 ADVANCED FINANCIAL ACCOUNTING 4 H 4 100 MCOM 413 STATISTICAL ANALYSIS 4 H 4 100 MCOM 414 FINANCIAL MANAGEMENT 4 H 4 100 MCOM 415 MANAGERIAL ECONOMICS 4 H 4 100 MCOM 416 DIRECT TAXES LAW & PRACTICE 4 H 4 100 MCOM 417 MARKETING MANAGEMENT 3 S 3 100 MCOM 418 BUSINESS ENVIRONMENT 3 S 3 100 MCOM 300 ACCOUNTING AND FINANCIAL ANALYSIS 3 S 3 100 (For Non-Commerce Students)
SECOND SEMESTERMCOM 421 FINANCIAL INSTITUTIONS AND MARKETS 3 H 3 100 MCOM 422 ACCOUNTING FOR MANAGERIAL DECISIONS 4 H 4 100 MCOM 423 INVESTMENT MANAGEMENT 3 H 3 100 MCOM 424 SECURITY MARKET OPERATIONS 3 H 3 100 MCOM 425 COMPUTER APPLICATIONS IN BUSINESS 4 H 4 100 MCOM 426 WORKING CAPITAL MANAGEMENT 3 S 3 100 MCOM 427 CORPORATE LEGAL FRAME WORK 3 S 3 100 MCOM 428 FUND MANAGEMENT IN COMMERCIAL BANKS 3 S 3 100 MCOM 429 OPERATIONS RESEARCH 3 S 3 100 MCOM 430 ECONOMETRICS FOR FINANCE 3 S 3 100 MCOM 431 EXPORT FINANCE 3
EFFECTIVE FROM THE ACADEMIC YEAR (2011-12 BATCH ONWARDS
AIM OF THE COURSE:
The course aims at specializing in specific areas of core competence of Commerce studies i.e Accounting and Taxation This is an area where commerce students have edge over others.. It is designed to impart in depth of knowledge and professional skills required for handling the “Accounting and Taxation related activities of business entities and corporate enterprises. Next to professionals like CAs the products of this course would satisfy the needs of human resource of corporate with sound accounting and taxation knowledge.
ELIGIBILITY OF ADMISSIONBachelor’s degree in Commerce/Foreign Trade/Corporate Secretary ship / BBA / BCM / BBA / BCM / B.A. Co.op: / B.Com (Edn) B.Com (Vocational) or any other course with accounting subjects in the degree level with a minimum of 50% marks
DURATION OF THE COURSE:
The normal duration of the course is two years spread over four semester. The student has to earn minimum 90 credits to complete the course. However a student can complete the course within 3 to 4 semesters by completing the required number of credits under Hard Core and Soft Core..
The Medium of instruction shall be English
The Course Structure comprises of Hard Core and Soft Core. A student is required to earn atleast 90 credits to complete the course.
Choice Based Credit System (CBCS) is followed in the department. The performance evaluation is based on grading; Grades are awarded at the end of each semester. The final Cumulative Grade Point Average is calculated based on the Grades obtained during the semester exams with the appropriate weight age based in respect of credits.
DISTRIBUTION OF MARKS BETWEEN INTERNAL AND END SEMESTER EXAMINATIONInternal Assessment - 40 marks End Semester Examination – 60 marks Internal Assessment: Internal Assessment is continuous and comprises of 40 marks The assessment is based on tests, assignment, seminar, quiz etc., The distribution of marks constitute 2 test for 15 marks and 10 marks for assignment, seminar, quiz etc. The respective teacher can decide on the distribution of marks between seminar, assignment, quiz etc out of 10 marks..
End Semester Examinations: The examinations comprise question paper setting by external experts and the valuation by both internal and external examiner. `If the difference between the two valuations is more than15% the script will be evaluated by a committee of comprising Head of Department,,Course Teacher and another examiner from the University and the marks awarded by the committee will be final.
The student is required to work with an auditor for one month from December 15 to January 15 to get some firsthand knowledge in the subject. At the end of the 4th semester student has to appear for a viva.
MARKS FOR PROEJCT WORK AND VIVA:
The students are expected to do one project at the end of II semester during summer vacation for 45 days and submit the [project report which will be evaluated along with the III Semester examination.
Presentation of the report have to be done in the beginning of the III Semester before all the faculty of the department The presentation involves preparation of the synopsis and a power point presentation in the class room. The students have to present a brief description of the project defending of the objective methodology and implications. This comprises 40 marks and the project evaluation and viva constitute the rest 60 marks which will be evaluated in the III end semester examination. The Project will be evaluated by both internal and external examiners.
COMPHREHENSIVE VIVA FOR 100 MARKS:
The Comprehensive viva will be conducted at the end of final semester examination.
The students should have a minimum of 50% marks in semester examination and minimum 50% marks in the internal and external put together to pass the examination. There are no minimum pass marks in internals assessment examination.
The failed and absentees of one semester get a chance to write the examination in the next end semester examination only. Those who are not allowed to attend the examination because of shortage of attendance have to register the same course when it is offered again and write the examination.
QUESTION PAPER PATTERN
PART-B (5 X 8 = 40 marks) - Answer any Five questions out of Eight Questions
MAXIMUM NO. OF YEARS PERMITTED AFTER COMPLETION OF SEMESTER IV TO
COMPLETE THE COURSETwo years under the new CBCS regulation and this will come into effect from July 2011
GUIDELINES TO DEAL WITH ATTENDANCE SHORTAGE:
The Students are permitted to proceed to the next semesters without break. Under this scheme the students should repeat papers of the semester in which attendance shortage occurred in subsequent semesters whenever the paper is offered. The minimum attendance requirement is 70% in each semester to recommend the student fot writing the end semester examinations.
MCOM 411 - MANAGEMENT CONCEPTS AND ORGANISATIONAL BEHAVIOUR
Objectives: To provide conceptual understanding of Management concepts, principles and functions and to facilitate the students how human behavior in the organization could be managed successfully UNIT I : Management: Definition – Nature – Scope and Functions – Evolution of different Schools of Management Thought- Functions of a manager- Recent trends & new perspectives in Management: strategic alliances – Core Competence – Business process reengineering – Total quality management.
UNIT II: Managerial Functions: Planning – Concept, nature, significance, types and Process of Planning; Organizing; Directing; Coordinating; Controlling. Types of organizations, authority, responsibility, power, delegation, decentralization, Span of Control.
UNIT III: Motivation: Process of motivation; Theories of motivation. Leadership: Concept; Leadership styles; Theories Managerial grid; Likert’s four systems of leadership. Organizational Communication: Communication process; Barriers to effective communication; improving communication.
UNIT IV: Organisational Behaviour: Organisational behaviour – concept and significance; Individual Behaviour: Attitudes – Perception – Learning – Personality. Group Behaviour: Group NormsGroup formation - Group cohesiveness –Group Dynamics – Interpersonal relationships – Transactional analysis.
UNIT V: Organiational Dynamics: Organisational Design - Organisational climate - Organisational Change: Meaning, Nature, causes of change, Resistence to change, Management of change – Organisational culture - Organisational Conflict: sources, patterns, levels, and types of conflict - Resolution of conflict –Organisational Development – Organisational Effectiveness.
Objective: The Objective of this course is to enable the students to understand and apply financial accounting tools and techniques for managerial decision making Valuation of Goodwill – Factors affecting value of Goodwill – Methods of Valuing
Goodwill – Valuation of Shares – Methods of Valuation of Equity Shares.
UNIT II: Amalgamation, Absorption and External Reconstruction of Companies – Purchase consideration – Accounting treatment – Books of Purchasing Company – Books of Vendor Company – Alteration of Share Capital and Internal Reconstruction –Scheme of Capital Reduction UNIT III: Holding Companies – Consolidated Financial Statements – Minority Interest – Cost of Control – Elimination of common transactions – Treatment of contingent liabilities – Treatment of unrealized Profits – Revaluation of assets and liabilities – Bonus shares – Treatment of Dividend UNIT IV: Double Account System – Main Features – Final Accounts – Revenue Account – Net Revenue Account – Capital Account – General Balance Sheet – Investment Accounts.
UNIT V: International Financial Reporting Standards – Indian Accounting Standards – Human Resource Accounting – Inflation Accounting - Social Responsibility Accounting – Environmental Accounting Text Books
1. R.L. Gupta and Others : Advanced Accountancy, Sultan Chand Sons, New Delhi 2008.
2. S.P. Jain and K.L. Narang: Advanced Accounting, Kalyani Publisherss, New Delhi 2009.
3. RSW Pillai, Bagavathi S. Uma: Advanced Accounting, S. Chand & Co.,New Delhi. 2008 Reference BooksM.C. Shukla: Advanced Accounts S. Chand and Co., New Delhi 2009.
2. Anitong Hawkins and Merchant : Acounting – Text and cases, Tata McGrawHill, New Delhi 2009
3. A. Mukherjee and M. Hanif: Modern Accountancy, Tata McGraw Hill, New Delhi 2008
4. B.K. Banerjee: Financial Accounting, PMI Learning (P) Ltd., NewDelhi 2010.
Objective: To educate the students on quantitative analysis and to use statistical techniques for analysis of business data UNIT I: Probability Theory: Probability – Classical, relative, and subjective probability: Addition and multiplication probability models; Conditional probability and Baye’s theorem Probability Distributions: Binomial, Poisson, and normal distributions their characteristics and applications.
UNIT IIII: Sampling and Data Collection: Sampling and sampling (probability and non-probability) methods; Sampling and non-sampling errors; Law of Large Number and Central Limit Theorem; Sampling distributions and their characteristics.
UNIT IV: Statistical Estimation and Testing: Point and interval estimation of population mean, proportion and variance; Statistical testing – hypotheses and errors; Sample size; Large and small sampling tests –Zt ests, T tests, and F tests.
UNIT V : Non Parametric Tests: Chi-square tests; Sign tests Wilcoxon Signed – Rank tests; Wald – Wolfowitz tests; Kruskal – Wallis tests.
1. Levin, Richard I. and David S Rubin: Statistics for Management, Prentice Hall, Delhi 2009
2. Gupta S.P. Statistical Methods, Sultan Chand, New Delhi 2009 BS Kenblock –Fundamentals of Statistics, 3rd edition, Michael Sullivan Sollution manual 201 3.
Reference Books Hooda, R.P: Statistics for Business and Economics, Macmilla 3rd edition, New Delhi.(2004) 1.
2. Heinz, Kohleer: Statistics for Business & Economics, Harper Collins, New York.(2002) Hein, L.W: Quantitative Approach to Managerial Decisions, Prentice Hall, New Jesery 3rd edition 3.
4. Arora & Arora, Statistics for Management, Sultan Chand, New Delhi.(2009) 5.,J. Medhi – Statistical Methods, an Introductory text, John Wiley & sons 1993
6. Statistics, Mumay & Spiepel, J. Stephen, TataMcGraw Hill Publishing Company, Fourth edition, 2010 Special Indianedition
7. David Freedman, Robert Pisani, roger Purves”Statistics’ viva books, Special Indian edition, fourth edition 2010
8. Qaziahmed, Zubuirkhan, Shadabahmedkhan,’Numerical and Statistical Techniques Ane books Pvt.
9. Sonia Taylor,”Business Statistics” PalgraveMacmillan, second edition 2009.
Objective: The objective of this course is to enable the students to understand the conceptual framework of financial management and its applications under appropriate decision making situations UNIT I: Financial Management: Meaning, nature and scope of finance; financial goal profit Vs.
Wealth maxximisation; Finance functions – investment, financing and dividend decisions.
Capital Budgeting: Nature of investment decisions; Investment evaluation criteria – net present value. Internal rate of return, Profitability index, payback period, accounting rate of return; NPV and IRR comparison; Capital; rationing; Risk analysis in capital budgeting.