B.

COM
SEMESTER VI
Human Resource Management (CC 17)
(100 Marks- 60 Lectures)

Objective: To enable the students to understand and comprehend the vital issues of HRM in a
dynamic environment.

Unit I Introduction to Human Resource Management (25 Marks-15 Lectures)

Human Resource Management – Meaning and importance, Human resource planning (HRP)
defined, objectives and importance of HRP.

Job Analysis and Design - Process of Job analysis, methods of data collection, concept of job
design, factors affecting job design, methods/ techniques of design.

Recruitment, Selection and Placement

Meaning, sources of recruitment and recruitment process, meaning of selection, meaning of
placement, Business Process Outsourcing, need for outsourcing, HR Outsourcing Opportunities in
India.

Unit II Employee Compensation, Empowerment and Participation

(25 Marks-15 Lectures)
Employee Compensation: Concept of Wage - Factors determining Wage Rates- Essentials of a
sound Wage system – System of wage payment- (i) Time wage system (ii) Piece wage system,
Individual wage incentive plans - Meaning - (i) Halsey Premium Plan (ii) Rowan Plan (iii) Taylor’s
Differential Piece rate Plan.

Group incentive plans - Meaning- (i) Profit sharing scheme-features, advantages and disadvantages
(ii) Co-partnership – features, advantages and limitations. Payment of Bonus, ESOPs.

Employee Empowerment: Meaning, forms of empowerment, barriers to empowerment,

empowerment in India: An overview.

Workers Participation in Management: Definition and objectives, forms of workers participation in

management.

Unit III Labour Welfare and Trade Union (25 Marks-15 Lectures)
Labour Welfare: Concept and objectives. Labour welfare agencies –Government, Employers and
Trade Unions. Labour Welfare Programmes in Industries –Statutory and Non Statutory measures.

Trade Union: Definition and functions of Trade Union - weaknesses and problems of Indian Trade
Union- suggestions for healthy growth of Trade Unions in India – Challenges faced by Trade
Unions in the light of globalization.
Labour Turnover and Labour Absenteeism: Meaning of labour turnover and absenteeism. Causes
and effects of labour turnover and absenteeism, measures to minimize labour turnover and
absenteeism.

Unit IV Trends in HRM (25 Marks-15 Lectures)

HRM in a changing environment – Changing environment and Challenges before HR manager

Competencies and learning organizations: Employee branding, The need for innovation, creating
an innovative organization, managerial roles, creating the innovation culture.

Re - Engineering: The role of HR in Business Process Re-engineering.

References:
1) Lepak, David & Gowan, Mary. Human Resource Management. Dorling Kindersley (India).
2) Khanna, S.S. Human resource Management (Text and Cases). S. Chand, New Delhi.
3) Sadri.J, Sadri.S, Nayak.N, A Strategic Approach to Human Resource Management, JAICO
Publishing House.
4) Davar, R. S. Personnel Management and Industrial Relations. Vikas Publication, Noida.
5) Robbins, Stephen P. Organisational Behaviour. Pearsons Education, New Delhi.
 B.COM
SEMESTER VI
International Economics (CC 18)
(100Marks, 60 Lectures)

Objectives:
1. To enable the students to understand the role of international trade and the
importance of trade policy in the current global scenario
2. To enable the students to have an understanding of the importance of investment
flows across countries and their dependence on various macroeconomic variables that
are of significance in an open economy
3. To acquaint students with the key accounts of the balance of payments, how
exchange rates are determined in the markets for foreign exchange and help them
understand the connection between balance of payments and exchange rate
movements
4. To enable students to be aware of the meaning and significance of regional and
multilateral trade negotiations

Unit I International Trade (25 Marks, 15 Lectures)

International trade – meaning and features; Theories of international trade: Classical
(comparative advantage), H-O theorem, Product Life Cycle, Technological Gaps,
Intra-industry trade; Gains from International trade; Terms of Trade: meaning and 3
concepts (Net Barter, Gross Barter and Income Terms of Trade); Free Trade v/s
protectionism; types of protective devices - tariff and non-tariff barriers (exchange
control, voluntary export restraints, anti-dumping duties & countervailing duties,
social clauses such as labour & environmental standards, sanitary &phyto-sanitary
measures and administered protection).

Unit II Balance of Payments & Foreign Exchange Rates (30 Marks, 18 Lectures)
Balance of Payments: Meaning and Structure; Distinction between Balance and
Equilibrium; Balance of Trade and Balance of Payments; Disequilibrium – meaning,
types and causes; Corrective Measures– exchange rate adjustments (Revaluation and
Devaluation), Exchange Control, Trade Measures, Effects of Monetary policy and
Fiscal policy on internal and external balance (brief explanation of how the measures
work)
Foreign exchange rates: Foreign exchange market – meaning, features and functions;
Types of exchange rate systems (fixed, flexible and managed floating – meaning of
each); Types of foreign exchange transactions (spot and forward transactions,
arbitrage, currency swaps, futures contracts, speculation); Factors influencing short-
term exchange rates; Concept of convertibility of Rupee on current account and
capital account;Liberalized Exchange Rate Management System (LERMS); Hedging
and Exchange rate risk management; Concept of PPP dollar
Unit III International Investment (25 Marks , 15 Lectures )
Foreign Investment – meaning and composition (FDI & FPI), Foreign Direct
Investment: Meaning; Determinants of FDI (resources, market size, trade barriers,
economic and business environment of the host country), Multinational corporations:
meaning and operational characteristics; Entry modes adopted by Multinational
Corporations (licensing, franchising, joint ventures/collaborations, wholly-owned
subsidiaries, mergers and acquisitions);
Foreign Portfolio Investment: Meaning; Operations of Foreign Institutional Investors;
Determinants of FPI (return on investment, level of financial sector development,
capital controls, exchange risk); Impact of FPI on capital markets and the exchange
rate.

Unit IVMultilateralism and Regional Economic Cooperation

(20 Marks , 12 Lectures)
Multilateralism and Regionalism – meaning and distinction; World Trade
Organization – objectives, principles, functions and Agreements (Market access,
Agreement on Agriculture, TRIPs, TRIMs, GATS, Dispute Settlement); Regional
economic cooperation - Meaning and reasons for growth; Forms of regional
integration - Preferential Trade Agreement, Free Trade Agreement, Customs Union,
Monetary Union, Economic Union; Integration efforts among
Countries in Europe, North America and Asia (NAFTA, EU, ASEAN and SAARC)

References:
1. Bhole, L. M. &Mahakud, J. 2009, Financial Institutions and Markets: Structure,
Growth & Innovations, Tata-McGraw Hill, New Delhi
2. Cherunilam, F. 2008, International Economics, Tata McGraw-Hill, New Delhi,
5th Edition
3. Cherunilam, F. 2013, International Business Environment, Himalaya
Publishing House, New Delhi, 6th Revised Edition
4. Dutt, R. and Sundaram, K.P.M. ,Indian Economy, S. Chand and Co., New
Delhi, Latest Edition
5. Kindleberger, C.P. 1973, International Economics, Homewood, R.D. Irwin
6. Krugman, P.R. and Obstfeld, M. 2009, International Economics: Theory and
Policy, Pearson International Edition, Boston MA
7. Machiraju, H.R. 2009,International Financial Markets and India, New Age
International, New Delhi,
8. Rajwade, A.V. 2008, Foreign Exchange International Finance Risk
Management, Academic Foundation, New Delhi
9. R. B.I. Reports on Currency Finance
10. Salvatore, D.L. 1997, International Economics, Prentice-Hall, Upper Saddle
River, N.J.
11. Sharan, V. 2012, International Financial Management, PHI Learning Pvt. Ltd.,
New Delhi
12. Sodersten, B. & Reed, G. 1994, International Economics, Palgrave Macmillan,
London
13. SubbaRao, P. 2014, International Business: Text and Cases, Himalaya
Publishing House, New Delhi,4th Revised Edition
 B.COM
SEMESTER VI
Accounting – I (DSE 6)
(100 Marks – 60 Lectures)

Objectives: To develop skills in students for preparation of books of accounts in respect

of hire purchase and royalty businesses and organizations operating with branch and
departmental structure.

Unit I: Hire Purchase and Instalment System Accounting:

(40 Marks, 18 Lectures)

Introduction, Nature of hire purchase system, Accounting procedure under Hire

purchase: Account ing treatment in the books of Hire purchaser (Buyer) and Hire
vendor (Seller) – when the asset is recorded at full cash price to be dealt with,
Journal entries and Ledger Accounts (including re -possession).
Instalment System: Journal entries and Ledger Accounts only under ‘Interest
Suspense method’ in the books of buyer and seller/ vendor to be covered.

Unit II: Royalty Accounts: (20 Marks, 12 Lectures)

Introduction, Minimum rent/ dead rent, Short workings, Excess working,

Account ing treatment in the books of Lesser (Landlord) and lessee, sub -lease,
Preparation of:
I. Royalt y Payable Account.
II. Royalt y Receivable Account.
III. Landlord’s Account.
IV. Short working Account.

Unit III: Departmental Accounts: (20 Marks, 12 Lectures)

Departmental Accounts: Introduction, Advantages of Departmental A/c,

Account ing procedure, Basis of allocation, preparation of departmental Trading &
Profit & Loss Account, General Profit & Loss Account and Balance sheet OF
SOLE Trading concern & Partnership firm .(including inter -departmental
transfers at cost & invoice price and calculation of unrealised profits).

Unit IV: Branch Accounts: (20 Marks, 18 Lectures)

Introduction, Types of Branches: Dependent branches, foreign branches and

independent branches. Branch Account v/s Department Account, Systems of
maintaining branch accounts : 1.Debtors Method : cost & invoice price. 2. Stock
and Debtor Method 3.Final Account method 4. Wholesale Branch Method.
( Practical problem only on Debtors & Stock & Debtors .)

References:
 1. Gupta, R. L., & Radhaswamy, M. Advanced Acountancy. New Delhi: Sultan Chand.

2. Mukherjee, A., & Hanif, M. (2002). Modern Accountancy (Vol. II). New Delhi: Tata
McGraw Hill.

3. Rajasekaran, V., & Lalitha, R. Financial Accounting. New Delhi: Pearson Education.

4. Shukla, M., Grewal, T., & Gupta, S. Advanced Accounts. New Delhi: S. Chand & Co.

5. Tulsian, P. C. Accountancy. New Delhi: S. Chand & Co.

Guidelines for paper setting

 Two questions from Unit I and Unit IV each

 One question from Unit II and Unit III each
 B.COM
SEMESTER VI
Accounting – II (DSE 7)
(100 Marks – 60 Lectures)

Objectives: To develop accounting skills in students to prepare books of accounts in respect of

fire insurance claims, investments, redemption of debentures and liquidation of companies.

Unit I: Accounting for Professionals: (20 Marks – 12 Lectures)

Introduction, Meaning of three systems of Accounting: Accrual/Mercantile system,

Cash system, Books of accounts maintained by the Professionals – Cash book,
Memorandum Book, stock Register, Receipts &Expenditure Account/Profit & Loss
Account and Balance sheet. Practical problems based on preparation of Receipts &
Expenditure Account/Profit and Loss Account and Balance sheet of different
professionals.

Unit II: Investment Accounting : (20 Marks, 12 Lectures)

Meaning and types of investments, Ex-interest/ dividend; Cum- interest/ Dividend

transactions, Brokerage, Securities Transaction Tax and other expenses, purchase and
sale of investment, Bonus shares and Rights Issue, Valuation of investment.

Unit III: Redemption of Debentures: (40 Marks, 18 Lectures)

Concept, Sources of finance, Methods of Redemption of Debentures - Sinking Fund,

Insurance Policy, Own Debentures and Convertible Debentures method (excluding
ex-interest/cum-interest). Journal Entries and Ledger Accounts regarding redemption
of debentures.
(Practical problems to cover Sinking Fund, Insurance Policy and Convertible
Debentures methods only).

Unit IV: Liquidation of Companies: (20 Marks, 12 Lectures)

Meaning of Liquidation, Salient Features of Liquidation, Methods of Liquidation,

Consequences of Liquidation, Fraudulent Preference, Order of Payment, Statement of
Affairs and Deficiency/Surplus Account, Lists attached to the Statement of Affairs,
Liquidator’s Final Statement of Account.
Practical problems to cover only the preparation of ‘Liquidator’s Final
Statement of Account’.

References:
1. Agarwal, B., & Gupta, M. IPCC (Group II) Advanced Accounting Text & Problems -
Revised. Allahbad: Suchita Prakashan.

2. Gupta, R. L., & Radhaswamy, M. Advanced Acountancy. New Delhi: Sultan Chand.

3. Jain, & Narang. Advanced Accountancy. New Delhi: Kalyani Publishers.

4. Mahajan, S., & Kulkarni, M. Corporate Accounting. Pune: Nirali Publication.

1
 5. Mahajan, S., Jagtap, & Zagade, S. Corporate Accounting. Pune: Diamond
Publication.

6. Monga, J. R., & Ahuja, G. Advanced Accounting (Vols. I, II). Noida: Mayoor
Paperback.

7. Mukherjee, A., & Hanif, M. (2002). Modern Accountancy (Vol. II). New Delhi: Tata
McGraw Hill.

8. Paul, S. K. Accountancy (Vols. I, II). Calcutta: New Central Book Agency.

9. Shukla, M., Grewal, T., & Gupta, S. Advanced Accounts. New Delhi: S. Chand & Co.

10. Tulsian, P. C. Accountancy. New Delhi: S. Chand & Co.

11. Tulsian, P. C., & Tulsian, B. Accounting for CA – IPCC (Group I& II). New Delhi: S.
Chand.

General guidelines:
1. The question paper shall have total of 6 questions carrying 80 marks and shall be of 2
hours duration.

2. Four questions of 20 mark each to be answered.

3. Question No. 1 to be compulsory (All Questions should be practical in nature)

4. Any three questions from the remaining five questions to be answered.

Specific Guidelines:
1. Two questions each to be asked on Unit II and Unit III.

2. One question each to be asked on Unit I & Unit IV.

2
 B.COM.
SEMESTER VI
COST AND MANAGEMENT ACCOUNTING
Advanced Cost Accounting Costing- II (DSE 7)
(100 Marks, 60 Lectures)

Objective: To provide basic conceptual & working knowledge of various methods of cost
accounting
Unit I Process Costing (Comprehensive) (25 Marks, 15 Lectures)
Inter process profits, Meaning of equivalent production, Calculation of equivalent production.

Unit II Contract Costing (Comprehensive) (20 Marks, 10 Lectures)

Cost plus Contracts, Calculation of work uncertified, Escalation clause, Estimation of contract
costs.

Unit III Integral and Non – Integral Accounting, Activity Based Costing
(30 Marks, 20 Lectures)
Prerequisite, Principles, Essentials features, Benefits and Journal entries of Integral Costing,
Ledgers under Non – Integral accounts. Nature, Scope and Implementation of activity based
costs.

Unit IV Uniform Costing, Inter Firm Comparison and Responsibility Accounting

(25 Marks , 15 Lectures )
Meaning, Features, Objectives, Scope, Need for Uniform Costing, Installation of Uniform
Costing manual, need, requirements and scheme of Inter Firm Comparison, benefits and
limitations of Inter Firm Comparison, Responsibility accounting

References:
1. Jain S. P and K.L. Narang- Cost Accounting Principles and practice – Kalyani Publishers,
Ludhiana.
2. Bhar, B.K. Cost Accounting- Methods & Problems , Academic Publishers Calcutta 700073.
3. Kishore R. Cost Accounting- Taxmann Allied Service Pvt.Ltd.New Delhi.
4. Iyenger, S. P. Cost Accounting. S. chand& Co. New Delhi
5. Khana, B. S. & J. M. Pandey- Practical costing. S. Chand & Co. New Delhi
6. Khan, M. Y. & P.K. Jain- Theory and Problems of Management and Cost Accounting- Tata
McGraw Hill Publishing co. Ltd. New Delhi
7. Lal, J. Cost Accounting. Tata McGraw –Hill Publishing co. Ltd. New Delhi
8. Nigam, B. & J.C. Jain. Cost Accounting Principles & Practice. Prentice- Hall of India Pvt.
Ltd., New Delhi
 B.COM
SEMESTER VI
ACCOUNTING
Advanced Company Accounts (DSE 5)
(100 Marks – 60 Lectures)

Objective: To develop accounting skills in students to for preparation of financial

statements of limited companies and for accounting of transactions in the special
circumstances of internal and external reconstruction, redemption debentures and
valuation of goodwill and shares.

Unit I: Company Final Accounts (Comprehensive Study): (20 Marks, 16 Lectures)

Preparation of ‘Balance Sheet’ and ‘Statement of Profit and Loss’ as per Schedule III of the
Indian Companies Act, 2013. (Problems to include ‘Notes’ required as per Schedule III).

Unit II: Internal Reconstruction: (20 Marks, 12 Lectures)

Concept, Treatment of special items, Legal aspects, accounting procedures, Journal entries,
Capital Reduction Account and Balance sheet after reconstruction (as per Schedule III).

Unit III: Valuation of Goodwill and Shares: (20 Marks, 14 Lectures)

a) Valuation of Goodwill:
Circumstances under which goodwill is valued, factors affecting value of goodwill,
Methods of valuation of Goodwill (Super profit, Future Maintainable Profit and
Capitalization of FMP).

b) Valuation of shares:
Meaning and need for Valuation of shares, Factors affecting valuation of shares,
Methods of Valuation of Shares:

i) Net Assets Method (or Intrinsic Value Method/Liquidation value Method/Breakup

ValueMethod/Asset Backing Method),

ii) Yield Value/Market Value Method: Earning Yield and Dividend Yield,

iii) Fair Value Method.

Unit IV: Mergers, Acquisitions & External Reconstruction : (40 Marks, 18 Lectures)

Concept, Terms, Introduction to IND-AS 14, Calculation of Purchase

consideration; Accounting procedures in the books of Vendor company and Purchasing
company, Treatment of liquidation expenses, Journal entries , Ledger accounts and Balance
sheet (including pooling of interest method and purchase method but exchange of shares
method based on valuation of shares to be excluded).

1
Note: Relevant amendments to the Companies Act to be covered wherever applicable.

References:
1. Agarwal, B., & Gupta, M. IPCC (Group II) Advanced Accounting Text & Problems -
Revised. Allahbad: Suchita Prakashan.

2. Gupta, R. L., & Radhaswamy, M. Advanced Acountancy. New Delhi: Sultan Chand.

3. Jain, & Narang. Advanced Accountancy. New Delhi: Kalyani Publishers.

4. Mahajan, S., & Kulkarni, M. Corporate Accounting. Pune: Nirali Publication.

5. Mahajan, S., Jagtap, & Zagade, S. Corporate Accounting. Pune: Diamond

Publication.

6. Monga, J. R., & Ahuja, G. Advanced Accounting (Vols. I, II). Noida: Mayoor
Paperback.

7. Mukherjee, A., & Hanif, M. (2002). Modern Accountancy (Vol. II). New Delhi: Tata
McGraw Hill.

8. Paul, S. K. Accountancy (Vols. I, II). Calcutta: New Central Book Agency.

9. Shukla, M., Grewal, T., & Gupta, S. Advanced Accounts. New Delhi: S. Chand & Co.

10. Tulsian, P. C. Accountancy. New Delhi: S. Chand & Co.

11. Tulsian, P. C., & Tulsian, B. Accounting for CA – IPCC (Group I& II). New Delhi: S.
Chand.

General guidelines for paper setting:

1. Four questions of 20 mark each to be answered.

2. Question No. 1 to be compulsory (All Questions should be practical in nature)
3. Any Three questions from the remaining Five Questions to be answered.

Specific Guidelines for paper setting:

1. Two questions each to be asked on Unit III and Unit IV

2. One question each to be asked on Unit I & Unit II

2
 B.COM.
SEMESTER VI
COST AND MANAGEMENT ACCOUNTING
Advanced Cost Accounting-1 (DSE 5)
( 100 Marks , 60 Lectures )

Objective: To provide basic conceptual & working knowledge of various methods of cost
accounting
Unit I Job Costing and Batch Costing (30 Marks, 20 Lectures)
Nature, Purpose and Procedure of Job Costing, Recording and Controlling Costs in Job order
Costing, Forms used in Job order Costing, Tenders and Quotations, Nature and use of Batch
Costing, Determination of Economic batch quantity.

Unit II Operating costing (20 Marks, 10 Lectures)

Meaning, Nature, Basic Principles of Operating Costing – transport, entertainment and hotels.

Unit III Reconciliation of Costing profit with Financial Profit ( 25 Marks , 15 Lectures )
Need for reconciliation, reasons for disagreements in Profit, procedure for reconciliation

Unit IV Cost Control and Cost Reduction ( 25 Marks , 15 Lectures )

Meaning, Elements, Scheme and techniques of Cost control, Essentials for success of cost
control, meaning of cost reduction, areas of cost reduction, tools and techniques of cost
reduction, distinction between cost control and Cost reduction

References:-
1. Jain S. P and K.L. Narang- Cost Accounting Principles and practice – Kalyani Publishers,
Ludhiana.
2. Bhar, B.K. Cost Accounting- Methods & Problems , Academic Publishers Calcutta 700073.
3. Kishore R. Cost Accounting- Taxmann Allied Service Pvt.Ltd.New Delhi.
4. Iyenger, S. P. Cost Accounting. S. chand& Co. New Delhi
5. Khana, B. S. & J. M. Pandey- Practical costing. S. Chand & Co. New Delhi
6. Khan, M. Y. & P.K. Jain- Theory and Problems of Management and Cost Accounting- Tata
McGraw Hill Publishing co. Ltd. New Delhi
7. Lal, J. Cost Accounting. Tata McGraw –Hill Publishing co. Ltd. New Delhi
8. Nigam, B. & J.C. Jain. Cost Accounting Principles & Practice. Prentice- Hall of India Pvt. Ltd.,
New Delhi
 B.COM.
SEMESTER VI
DISCIPLINE SPECIFIC ELECTIVE
BANKING AND FINANCIAL SERVICES
Banking in India (DSE 5)
(100 Marks -60 Lectures)

Objectives: To acquaint the student with the evolution of banking in India and
familiarize them with recent banking reforms and their implications.

Unit I Non-Banking Finance Companies (20 marks -10 Lectures)

NBFC-Role and Functions, Types of NBFCs.Current RBI’s Regulations on
NBFC/Regulatory Framework, Challenges faced by NBFCs.Difference between
banks &NBFCs. Residuary Non- Banking Companies (RNBC’s) -Role and Functions.

Unit II Banking Sector Reforms (25 marks -15 Lectures)

Narasimham Committee –I & II, observations, recommendation, follow –up action.
Prudential Norms, Basel Norms, Non-Performing Assets (NPA) –causes, remedial
measures,Management of NPA’s – Debt Recovery Tribunals – Asset Reconstruction
Fund, Asset Reconstruction Companies, Restructuring of Weak Banks, Strategic Debt
Restructuring ("SDR"), Board of Industrial and Financial Revival (BIFR).

Unit III Financing of Agriculture and Rural Development

(30 mark -20 Lectures )
Agriculture finance and rural development, Sources of finance for agriculture and
rural activities, cooperative banks-structure, cooperative banks and rural credit,
functions, problems and remedial measures. Regional rural banks-role/functions,
problems and remedial measures, Commercial banks-role/functions, problems and
remedial measures. Refinance and functions of NABARD. Micro-finance and lending
through Self-Help Groups.

Unit IV Financing of Industry (25 marks -15 Lectures)

Industrial finance and new challenges; refinance, role of SIDBI, IDBI, Role of
commercial banks in financing corporate sector & SME, role, problems & present
status, Development institutions IDBI, IFCI, SFCS, Goa EDC, Working capital &
term finance

References
Books

1. Bidani S.N., Mitra P.K &Pramod Kumar, Bank Finance for Industry, New
Delhi, vision, 1998.3e
2. B.S Khubchandani,Practice and Law of banking, Macmillan India
Limited,2007.
3. Datt R. &Sundharam K.P.M,.: Indian Economy, New Delhi, S. Chand, 2006
4. Dr. K.M Bhattacharya, O.P Agarwal Basics of Banking & Finance.
5. L.M Bhole, JitendraMahakud, 5th edition financial institutions and markets.
Structure, growth and innovations. Tata McGraw-hill education private limited.
6. Mishra S.K &Puri V.K, Indian Economy 28th Revised Edition-2010 . Himalaya
Publishing House BasuP. (ed),: India’s Financial Sector: Recent Reforms,
Future Challenges, 2005.
7. M. N.Gopinath, Banking Principles & Operations, Snow White Publications
Pvt. Ltd Mumabi Second Edition Reprint 2011
8. O.P Agarwal, Banking and Insurance Mumbai, Himalaya Publishing House 3rd
revised edition 2014
9. Shekhar K.C. &Shekhar L.,Banking theory and Practice, New Delhi, Vikas
Pub.

Journals:-
 1. The Indian Banker, published by Indian Banker Association
2. Bank Quest, published by Indian Institute of Banking and Finance
3. RBI Bulletin (Monthly), published by RBI
4. Trends and Progress of Indian Banking (Annual), published by RBI

Websites:-

1. Reserve Bank of India www.rbi.com

2. Indian Institute of Banking and Finance www.iibf.org.in
3. Indian Bankers Associationwww.iba.org.in
4. Institute of Banking Personal Selectionwww.ibps.com
5. Institute of Finance, Banking and Insurance www.ifbi.com
6. www.iimb.ernet.in
7. www.iracst.org
 B.COM
SEMESTER VI
DISCIPLINE SPECIFIC ELECTIVE
COST AND MANAGEMENT ACCOUNTING
Cost and Management Audit (DSE 6)
(100 Marks, 60 Lectures)

Objectives: To provide in-depth knowledge of cost and management audit

UNIT I COST AUDIT (20 Marks, 10 Lectures)

Meaning, nature, objectives and scope of cost audit, Concepts of efficiency audit, Propriety
audit, Management Audit, Social audit, Operational Audit, Energy Audit, VFM audit,
Performance Audit, Difference between cost audit and financial audit. Advantages and
limitations of Cost Audit.

UNIT II COST AUDIT AND COMPANIES ACT (30 Marks, 15 Lectures)

Important sections of Companies Act 2013 relating to Cost Audit, Books of Accounts to be
maintained, Qualification, Disqualification, ceiling on Number of cost audit,
Appointment of cost auditor, rights and responsibilities, status, relationship and duties and
liabilities- professional and legal under the companies act 2013 and the cost and the Works
accountants Act 1959, professional ethics and code of conduct for cost auditor.

UNIT III PLANNING AND TECHNIQUES OF COST AUDIT (20 Marks , 15 Lectures)
Familiarization with the industry, the organisation, the production process, the system, and
procedure- list of records and reports, preparation of the audit program, audit notes and
working papers, techniques of cost audit, procedure, meaning and importance, Internal control,
internal check, internal audit.

UNIT IV: COST RECORDS AND AUDIT RULES (25 Marks , 15 Lectures )
(a) Cost Accounting Record Rules-meaning –list of cost accounting records essential
records and statistical record-application of CAAR and maintenance of record important
cost accounting records such as Raw Materials, wages, overheads, depreciation
production records, sales records consumable stores & spares R&D Expenses Benefits
derived from cost accounting records preservation of cost accounting records.
(b) Cost Audit Report Rules-contents-annexure to cost audit reports types of report-
distinctions between notes and qualifications to the report. Report and opinion, special
emphasis on Cost auditors observation Necessity of cost audit, End use of cost Audit
Report. Cost audit as an aid to management.

References :
1. Ramnathan, A. R., Cost and Management Audit. Tata McGraw Hill Publishing, New
Delhi.
2. Saxena, Vashist. Cost and Management Audi. Sultan Chand and Sons, New Delhi.
3. Tikha, J. G. Cost and Management Audit. ENCOMS BOMBAY
 B.COM
SEMESTER VI
DISCIPLINE SPECIFIC ELECTIVE
BUSINESS MANAGEMENT
Financial Management II (DSE 5)
(100 marks- 60 lectures)

Objectives : To familiarize the students with concepts, role and techniques of financial
management in firms and provide an insight into various decisions in management of
corporate finance.

Unit I Dividend Policy (25 marks-10 lectures)

Meaning of dividend & dividend policy, determinants of dividend policy- dividend payout ratio,
stable dividends & the other determinants; forms of dividends ( cash dividend, scrip dividend,
stock dividend, property dividend ). Types of dividend- interim dividend and final dividend.
Models in which investment & dividend decisions are related;

1. Walter’s model and Gordon’s model

2. M.M. Hypothesis ( Modigliani and Miller )

UNIT II Cost of Capital & its Measurement (25 marks-15 lectures)

Meaning of cost of capital, importance of cost of capital, types- historical cost, future cost,
explicit cost, implicit cost, specific cost and composite cost; measuring cost of capital: cost of
Debt, cost of Preference capital, cost of Equity share capital:- ( 4 approaches- D/P ratio, E/P
ratio, E/P ratio + growth ratio, realized yield approach); cost of retained earnings and weighted
average cost of capital.

UNIT III Capital Budgeting ( 25 marks- 20 lectures )

Meaning and nature of Capital Budgeting; importance of Capital Budgeting decisions; Capital
Budgeting process; kinds of Capital Budgeting decisions ( Accept- reject decisions, mutually
exclusive project decisions, capital rationing decisions); project classification ( mandatory
investment, new projects, replacement projects, expansion projects, diversification projects,
research and development projects and miscellaneous projects ); investment criteria, methods of
appraising capital expenditure proposals :
A. Non discounting criteria
1. Pay Back Period method 2. Average/ Accounting Rate of Return method
B. Discounting criteria
1. Net Present Value method 2. Internal Rate of Return method 3. Profitability Index

UNIT IV Capital Structure Decisions (25 marks – 15 lectures )

 A. Meaning of capital structure, importance of capital structure and optimum capital
structure, risk – return trade off, capital structure theories:- ( Net Income Approach, Net
Operating Income Approach, Traditional Approach ) features of a sound / optimum
capital mix, factors determining capital structure.
B. Leverages- meaning and types:
1. Financial leverage & its features
2. Operating leverage & its features
3. Combined leverage

Problems on:
1. Cost of capital and its measurement
2. Capital budgeting – only 3 methods i.e Pay Back Period method, Average/ Accounting
Rate of Return method, Net Present Value method.
3. Leverages- Financial leverage, Operating leverage, Combined leverage

Books for study and reference:

1. Chandra, Prasanna. Financial Management, Theory & Practice. Tata McGraw Hill
2. Pandey I. M. Financial Management. Vikas Publishing House
3. Khan & Jain. Financial Management. Tata McGraw Hill
4. Kuchal, S.C. Financial Management. Chaitanya Publishing House
5. Sharma & Gupta, Shashi. Financial Management. Kalyani Publishers
6. Vanhorne, James C. Fundamentals Of Financial Management. Prentice Hall Of India
7. Phatak. Indian Financial System,
8. Singh, Preeti. Investment Management. Himalaya Publishing House
9. G. Sudarshana, Reddy. Financial Management- Principles and Practice. Himalaya
Publishing House
10. Tulsian, P.C. Financial Management. S. Chand & Co Ltd
11. Shavam, Vyuptakesh. Fundamentals Of Financial Management. Pearson
 B.COM
SEMESTER VI
Financial Services (DSE 7)
(100 Marks – 60 Lectures)

Objective: To develop an understanding of salient features and mechanisms of important

financial services and recent developments and issues in Indian financial services sector.

Unit I Introduction to Financial Services (25 Marks- 15 Lectures)

Meaning of Financial Services, Classification and types of financial services - asset/fund-based
services and fee-based/advisory services, Importance of financial services; Constituents of
financial services market, Growth and development of financial services in India, Problems of
financial services sector in India.

Unit II Depository Service (25 Marks- 15 Lectures)

Meaning, Need for a depository system, Functions of a depository, Depositories in India - CDSL,
NSDL; Depository participants (DPs) - Meaning, Functions of Depository Participant –
Dematerialization, Re-materialization, Account Opening, Transmission and nomination, Trading
and settlement, Pledge and hypothecation, Corporate actions.

Unit III Mutual Funds (25 Marks- 15 Lectures)

Concept, Advantages and disadvantages of mutual fund investing, Structure of mutual funds in
India, Classification of mutual funds, Mutual fund terminologies – Scheme, Portfolio, Net Asset
Value (NAV), Load, Management fees; Portfolio management process of mutual funds, History
and growth of mutual funds in India, SEBI regulations on mutual funds, AMFI.

Unit IV Credit Rating & Securitization Services (25 Marks- 15 Lectures)

(a) Credit Rating - meaning, rating methodology, importance of credit rating; credit rating
agencies in India CRISIL, CARE, ICRA, Small & Medium Enterprises Rating Agency
(SMERA).
(b) Securitization - Meaning, Features, Mechanism, Types, Benefits of Securitization,
Process of Securitization, Issues in Securitization

References:

1. Gordon, E., & Natarajan, K. (2015). Financial Markets and Services (Ninth ed.). New
Delhi: Himalaya Publishing House.

2. Gurusamy, S. (2009). Financial Services (Second ed.). New Delhi: Tata McGraw Hill.

3. Khan, M. Y. (2010). Financial Services (Fifth ed.). New Delhi: Tata McGraw Hill.
4. Pathak, B. (2009). The Indian Financial System: Markets, Institutions and Services
(Second ed.). New Delhi: Pearson Education.

5. Ramesh Babu, G. (2005). Financial Services in India. New Delhi: Concept Publishing
Company.

Journals:
International Journal of Financial Services Management
Journal of Private Equity
Journal of Applied Finance
Finance India
Indian Journal of Finance
Vikalpa

Websites:
http://financialservices.gov.in/
https://vcexperts.com/
 B.COM.
SEMESTER VI
DISCIPLINE SPECIFIC ELECTIVE
BANKING AND FINANCIAL SERVICES
Law and Practice of Banking –II (DSE 6)
(100 Marks, 60 Lectures)

Objectives: To familiarize the student with the legal aspects of the relationship
between the banker and various categories of customers.

Unit I The Banker-Customer Relationship and Banking Operations

(20 marks –Lectures 10)

Banking operations: Collecting Banker: Meaning, Duties & Responsibilities of

Collecting Banker, Holder for Value, Holder in Due Course, Statutory Protection to
Collecting Banker; Paying Banker: Meaning, Precautions ,Statutory Protection to the
Paying Banker.Bankers’ Special Relationship:- Mandate; POA; Garnishee Orders;
Banker’s Lien; Right of Set off

Unit II Negotiable Instruments (25 marks –

Lectures 15)
Definition, features, holder, Holder in due course & their Rights, Privileges,
Liabilities, Cheques – Crossing, types of crossings, Making of Cheques and
Endorsement, Collection of Cheques, Payment of Cheques&Dishonour – Discharge
of Cheques,Bouncing of Cheques; Its Implications; Return of Cheques; Bills of
Exchange, definition & types of Bills of Exchange.

Unit III Bank Customers (25 marks –

Lectures 15)
Different types of Customers:- Sole Proprietor, Partnership firms, Joint Stock
Company, Clubs, Associations, Trusts, local authorities and cooperative societies.
Openingof accounts -Procedures and Precautions to be taken, KYC norms:-PMLA
Act, nomination facility. Closing of accounts - Procedure and Precautions to be taken
by a Banker.PradhanMantri Jan DhanYojana2015 ( PMJDY).
Unit IV Frauds, Malpractices &Cyber Crimes in Banking (30 marks –
Lectures 20)
Meaning and types of errors and frauds in banking, RBI Guidelines for prevention of
frauds & malpractices, steps to be taken by Banks. Anti-Money laundering – Meaning
and Guidelines by RBI, Meaning of - Terror funds, Black Money, Hawala Funds.
Cyber-crimes& banking sector in India-Introduction, Common cyber-crime risks of
Financial Institutions,Denial of services(DoS), Debit & credit card cloning-Hacking-
Email Bombing- Data Diddling- Logic bombs –Web Jacking‐Money Laundering-
control & prevention of electronic crimes in Banks. Phishing: Customer Education;
Safety Checks; precautions to be taken by bankers and customers.

Reference

Books

1. K.P. Kandasami, S. Natarajan,R. Parameshwaran, Banking Law and Practise, S.

Chand & Co. Ltd, New Delhi.
2. Sukhavinder Mishra, Banking Law and Practise, S. Chand & Co. Ltd, New
Delhi.
3. Bedi H.L. &HardikarV.K., Practical Banking Advances, UBS Publishers New
Delhi..
4. Gordon E. Natarajan K., Banking Theory, Law and Practise, Mumbai
Himalaya, 1998.
5. Indian Institute of Banking and Finance, Legal Aspects of Banking, New Delhi,
Macmillan 2005.
6. KhubchandaniB.S, Practise and Law of Banking, New Delhi, Macmillan.2000.
7. Kumar N. & Mittal R, Banking Law and Practise, New Delhi Anmol 2002.
8. Reddy P.N. &Appannaiah H.R., Banking Theory and Practise, Mumbai
Himalaya, 4e.
9. Shekhar K.C. &Shekhar L.: Banking Theory and Practise, New Delhi, Vikas
Publication.
10. Varshney P.N, Banking Law and Practise,New Delhi, Sultan Chand & Sons,
2005.
11. Prem Kumar Srivastava, Banking Theory and Practise, Himalaya Publication.

Journals:-
 1. The Indian Banker, published by Indian Banker Association
2. Bank Quest, published by Indian Institute of Banking and Finance
3. RBI Bulletin (Monthly), published by RBI
4. Trends and Progress of Indian Banking (Annual), published by RBI

Websites:-

1. Reserve Bank of India www.rbi.com

2. Indian Institute of Banking and Finance www.iibf.org.in
3. Indian Bankers Association www.iba.org.in
4. Institute of Banking Personal Selection www.ibps.com
5. Institute of Finance, Banking and Insurance www.ifbi.com
 B. COM
SEMESTER –VI
DISCIPLINE SPECIFIC ELECTIVE
BUSINESS MANAGEMENT
Strategic Management (DSE 6)
(100 Marks-60 Lectures)

Objective: To enable students to learn the basics of Strategic Management and various
strategies of business firms to have a competitive advantage.

Unit I Introduction (25 Marks 15 Lectures)

Strategy: Meaning- Elements.
Strategic management: Meaning, Advantages, Limitations.
Strategic management process: Fred R. David’s Model
Stages (i) Formulation (ii) Implementation (iii) Evaluation
Levels of strategy: Corporate, SBU, Functional.
Distinction between Strategic Management & Operational Management.

Unit II Strategy Formulation (25 Marks 15 Lectures)

Vision: meaning -Vision statement.
Mission: meaning- Elements, Mission Statement – Meaning- Characteristics.
Objectives: Meaning- Characteristics.
Environmental Analysis:
i) Internal Environment: Meaning- Factors
ii) External Environment: Meaning- Factors

Unit III Models of Strategic Analysis (25 Marks 15 Lectures)

Michael E. Porter’s Five force Analysis
Kenichi Ohmae’s four routes to strategic advantage
SWOC Analysis
BCG Analysis
Value Chain Analysis
GE Nine Cell Matrix

Unit IV Strategic Implementation, Evaluation and Control (25 Marks 15 Lectures)

Strategic Implementation- Meaning, steps and approaches
Strategic Evaluation – Meaning and steps
Strategic Control – Meaning and Techniques
Balanced Scorecard - Meaning, Perspective (with diagram)
Six Sigma - Concept.

References:
1) Jauch, Lawrence R. & Glueck, William. Business Policy & Strategic Management.
McGraw-Hill.
2) Porter, Michael. Competitive Advantage. MacMillan.
3) Miller, Alex & Irwin: Strategic Management. McGraw Hill.
4) Rao, P. Subba. Strategic Management. Himalaya Publishing House.
5) Cherunilam, Francis. Strategic Management. Himalaya Publishing House.
6) Gupta, V; Gollakota, K & Srinivasan, R. Business Policy & Strategic Management.
Prentice Hall. New Delhi.
7) Pearce, J. A. & Robinson Jr. R. B. (1995). Strategic Management – Strategy Formulation
& Implementation. Prentice Hall.
8) Srinivasan R. Strategic Management.
9) David, Fred R. Strategic Management – Concepts & Cases. Prentice Hall.
10) Carpenter, Mason A.; Wm Gerard Sanders & Prashant Salwan: Concepts & Cases –
Strategic Management- A Dynamic Perspective. Pearsons Publications.
11) Reddy, G. Sudarsana. Strategic Management. Himalaya Publishing House.
12) Kishore, Ravi M. Strategic Management – Text & Cases. Taxmann’s.
13) Wheelan, Thomas L, Hunger, David & Rangarajan, Krish: Concepts in Strategic
Management & Business Policy. Pearsons Publications.
14) Certo, Samuel C. & Peter Paul. Strategic Management– A focus on Process. Tata
McGraw.
 B.COM
SEMESTER VI
DISCIPLINE SPECIFIC ELECTIVE
BUSINESS MANAGEMENT
Supply Chain & Logistics Management (DSE 7)
(100 Marks – 60 Lectures)

Objective: To develop a basic understanding of the key concepts and processes of Supply
Chain & Logistics Management.

Unit I Introduction to Logistics Management (25 Marks- 15 Lectures)

Logistics- nature & concepts. Evolution of the logistics concept.
Functions of logistics management. Importance of Logistics Management.
The Integrated Logistics System.
Logistics in India.

Unit II Fundamentals of Supply Chain Management (25 Marks- 15 Lectures)

Supply chain- nature & concept; Importance of Supply Chain Management. Value chain.
Functions & contributions of Supply chain management. Managing the supply chain.
Outsourcing- reasons. Process tools for Supply Chain Management- (a) Make or buy
decision, (b) Supplier scheduling, (c) Value analysis/engineering, (d) Supplier certification/
evaluation.

Unit III Demand Management & Customer Service (25 Marks- 15 Lectures)
Demand Management- concept. Demand forecasting- types of forecasts. Forecasting
techniques- Qualitative & Quantitative.
Customer- Concept & Nature. Components of customer service. Establishing a customer
service strategy- methods-(a) Customer reactions to stock outs, (b) Cost/Revenue trade-off,
(c) ABC analysis/Pareto’s law, (d) Customer service audit.

Unit IV Components of Supply Chain & Logistics Management

(25 Marks- 15 Lectures)
Information Technology systems in Supply chain & Logistics – Types (concepts only) –(i)
Bar coding, (ii) Electronic Data Interchange, (iii) XML, (iv) Data Management, (v) Imaging,
(vi) Artificial Intelligence, (vii) RF technology, (viii) Computers on board & Satellite
tracking, (ix) Intranet/Extranet, (x) E-commerce.

Order processing – Elements of Order Cycle -Order preparation, Order transmittal, Order
entry, Order filling, Order status reporting, Order transportation, Customer delivery &
unloading.

Inventory management process and Materials handling – Handling systems/considerations-

Mechanised handling system, Semi-automated handling system and Automated handling
system.
Transportation- Functions- Product Movement and Product Storage.

Warehousing - Primary handling activities- Receiving, In-storage handling, and Shipping.

Packaging- Types of packaging- Consumer and Industrial.

References:
1) Agarwal, D.K. Textbook of Logistics and Supply Chain Management. Macmillan, India.
2) Bhat, K. Shridhara. Logistics and Supply Chain Management. Himalaya Publishing
House.
3) Bowersox, Donald J.; Closs, David M Cooper, Bixby. Supply Chain Logistics
Management. McGraw Hill Education.
4) Ballou, Ronald H. Business Logistics/Supply Chain Management (Fifth ed). Pearson
Prentice Hall.
5) Lu, Dawei. Fundamentals of Supply Chain Management (bookboon.com)
6) Journal of Business Logistics, Wiley online.

Websites:
http://www.managementstudyguide.com/