M.

Com (Course Structure)

Non-Semester Pattern

1st Year

Min.
Code Course Title Max.
Passing
Marks
Marks
MCOM 1001 Corporate Accounting 50 100

MCOM 1002 Management Concepts and Organisational 50 100

Behaviour
MCOM 1003 Marketing Management 50 100

MCOM 1004 Financial Management 50 100

MCOM 1005 Entrepreneurship Management 50 100

MCOM 1006 Business Environment and Law 50 100

2nd Year

Min.
Code Course Title Max.
Passing
Marks
Marks
MCOM 2001 Managerial Decisions Accounting 50 100

MCOM 2002 Merchant Banking and Financial Services 50 100

MCOM 2003 Investment and Portfolio Management 50 100

MCOM 2004 Statistical Analysis 50 100

MCOM 2005 E - Commerce 50 100

MCOM 2006 International Trade and Finance 50 100

 Regulations for M.Com

Eligibility Criteria for Admission

The student should possess B.Com / BBA/ BCS/ BBM/ BISM/ BA(Economics)/ MBA/
Commerce or Accountancy as a subject in UG Degree/ any degree with CA(Inter) or
ICWA(Inter)/ CA/ ICWA from a recognized Institution with a mere pass in any of the
following streams:
10 + 2 + 3 (or)
11 + 1 + 3 (or)
11 + 2 + 2 system.

Duration of the Course

The course shall be of two years duration. The Maximum duration to complete the course shall
be 4 years.

Medium

The medium of instruction shall be English.

Personal conduct Programme (PCP)

PCP classes will be conducted at select centers based on the number of students enrolled for
the program. The attendance is optional to PCP Classes.

Examination

Examinations will be held once in a year.

Question Paper Pattern

Maximum Marks: 100 Time: 3 Hours

Part A (5 X 8 = 40 Marks) (Five out of Eight Questions)

Part B (5 X 12 =60 Marks) (Five out of Eight Questions)
Passing & Classification

The maximum marks for the examination for each paper is 100. The minimum marks for a
pass is 50%. Candidates securing 75% above shall be placed in First Class with Distinction,
60% marks and above shall be placed in the First Class, and those who obtain marks between
50% and above but less than 60% shall be placed in the Second Class. btain
75% First class with

Fee Structure for M.Com

Sl. No. Fee Particulars DDE TPI

1 Registration & Processing Fee
200 200
2 Matriculation Fee
25 50
3 University Development Fund
1,000 1,000
4 Recognition Fee (For Foreign
University 450)
200 200
5 Study Material & Handling
Charges 2,000 2,000
6 Tuition Fee
8,000* 16,000**
Total 11,425 19,450

* 4,000 per Year ** 8,000 per Year

Fee can be paid as follows

Sl. No. Fee Particulars DDE TPI
First Year
1 7,425 11,450
Second Year
2 4,000 8,000
Total 11,425 19,450
M.Com - 1st Year PAPER CODE: MCOM 1001
PAPER I - CORPORATE ACCOUNTING
UNIT I
Corporate Accounting: Importance and Scope - Basic Accounting Concepts and Conventions
- Generally Accepted Accounting Principles and Practices (GAAPP) recommended by the
ICAI - Accounting standards issues by ICAI; AS 4 : Contingencies and Events occurring after
the Balance Sheet Date - AS 11: The Effects of Changes in Foreign Exchange Rates - AS 12:
Accounting for Government Grants - AS 16: Borrowing Costs - AS 19: Leases - AS 20:
Earnings Per Share - AS 26: Intangible Assets -AS 29: Provisions, Contingent Liabilities and
Contingent Assets.

UNIT II
Preparation of Company Final accounts: Schedule VI Part I and Part II Profit prior to
Incorporation Managerial Remuneration Dividend declaration out of the past and the
current profits Issue of Bonus shares Preparation of Balance Sheet; Financial Reporting
and Disclosure Practices Corporate Governance - Norms of SEBI relating to information
-
Code of Conduct - Professional Ethics.

UNIT III
Valuation of Goodwill Factors affecting value of Goodwill Methods of Valuing Goodwill
Valuation of Shares Methods of Valuation of Equity Shares.

UNIT IV
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 - Statements for Liquidation of Companies.

UNIT V
Accounting Systems and Preparation of Final Statements of Accounts of Banking and
Insurance Companies.

Note: Question Paper Shall covers 20% Theory and 80% Problems
REFERENCES:
Gupta R.L. and Others: Advanced Accountancy, Sultan Chand Sons, New Delhi 2008.
Jain S.P. and K.L. Narang: Advanced Accounting, Kalyani Publisherss, New Delhi 2009.
Pillai R.S., Bagavathi S. Uma: Advanced Accounting, S. Chand & Co.,New Delhi. 2008
Shukla M.C.: Advanced Accounts S. Chand and Co., New Delhi 2009.
M.Com - 1st Year PAPER CODE: MCOM 1002

PAPER II - MANAGEMENTCONCEPTS AND ORGANISATIONAL BEHAVIOUR

UNIT I
Nature of Management: Social Responsibilities of Business - Manager and Environment Levels
in Management - Managerial Skills - Planning - Steps in Planning Process - Scope and
Limitations - Short Range and Long Range Planning - Flexibility in Planning ¬ Characteristics
of a sound Plan - Management by Objectives (MBO) - Policies and Strategies - Scope and
Formulation - Decision Making - Techniques and Processes.

UNIT-II
Organising: Organisation Structure and Design - Authority and Responsibility Relationships -
Delegation of Authority and Decentralisation - Interdepartmental Coordination - Emerging
Trends in Corporate Structure, Strategy and Culture - Impact of Technology on Organisational
design - Mechanistic vs Adoptive Structures - Formal and Informal Organisation.

UNIT III
Perception and Learning - Personality and Individual Differences - Motivation and Job
Performance - Values, Attitudes and Beliefs - Stress Management - Communication Types
Process - Barriers - Effective Communication.

UNIT IV
Group Dynamics - Leadership - Styles - Approaches - Power and Politics - Organisational
Structure - Organisational Climate and Culture - Organisational Change and Development.

UNIT V
Comparative Management Styles and approaches - Japanese Management Practices
Organisational Creativity and Innovation - Management of Innovation - Entrepreneurial
Management - Benchmarking - Best Management Practices across the world - Select cases of
Domestic & International Corporations - Management of Diversity.
REFERENCES

Fred Luthans, ORGANISA TIONAL BEHAVIOUR, TataMcGraw-Hill, NewDelhi

Koontz, Weirich &Aryasri, PRINCIPLES OF MANAGEMENT, Tata McGraw-Hill,
NewDelhi,2004
Laurie Mullins, MANAGEMENT AND ORGANISATIONAL BEHAVIOUR, Pearson,
NewDelhi,2007
Meenakshi Gupta, PRINCIPLES OF MANAGEMENT, PHI Learning, NewDelhi, 2009
Ricky Griffin, MANAGEMENT: PRINCIPLES & APPLICATIONS, Cengage,
NewDelhi,2008
Stephen Robbins, ORGANISATIONAL BEHAVIOUR, Pearson, New Delhi
Tripathi & Reddy, PRINCIPLES OF MANAGEMENT, Tata McGraw-Hill, New Delhi,2008
M.Com - 1st Year PAPER CODE: MCOM 1003

PAPER-IIIMARKETING MANAGEMENT
UNIT-I
Introduction to Marketing and Marketing Management, Marketing Concepts - Strategic,
Management and Marketing Process - Marketing environment. - Consumer Markets and
buying behaviour - Market segmentation and targeting and positioning marketing mix.

UNIT-II
Product decisions - concept of a product - Product mix decisions - Brand decision - New
product
development strategies - Product life cycle strategies

UNIT-III

Price Decisions - Pricing objectives - Pricing policies and constraints - Different pricing
method product line pricing and new product pricing.

UNIT-IV

Channel decision - Nature of Marketing channels - Types of Channel flows - Channel

functions - Channel co-operation, conflict and competition - Direct Marketing
¬Telemarketing - Internet shopping.

UNIT - V

Promotion Decision - Promotion mix - Advertising Decision, advertising objective

¬advertising campaign - advertisement effectiveness sales promotion & publicity - Sales
force decision.

REFERENCES

Chandrasekar K.S., MARKETING MANAGEMENT TEXT AND CASES, Tata McGraw-

Hill Publication, New Delhi, 2010
Govindarajan, MARKETING MANAGEMENT CONCEPTS, CASES, CHALLENGES
AND TRENDS, Prentice Hall of India, New DelhI. 2009
Philip Kotler, MARKETING MANAGEMENT- ANALYSIS PLANNING AND
CONTROL, Prentice Hall of India, New Delhi,
Ramaswamy. V S & Namakumari. S, MARKETING MANAGEMENT-PLANNING
IMPLEMENTATION AND CONTROL, Macmillan Business Books, New Delihi, 2002,
M.Com - 1st Year PAPER CODE: MCOM 1004

PAPER IV FINANCIAL MANAGEMENT

UNIT I
Financial Management: Meaning - Nature and Scope of Finance - Financial Goal - Profit vs.
Wealth Maximization; Finance Functions - Investment, Financing and Dividend decisions.

UNIT II
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.
Cost of Capital: Meaning and significance of Cost of Capital - Calculation of Cost of Debt,
Preference Capital, Equity Capital and Retained Earnings - Combined Cost of Capital
(weighted); Cost of
Equity and CAPM;

UNIT III
Operating and Financial Leverage: Measurement of leverages; Effects of Operating and
Financial Leverage on Profit; Analyzing Alternate Financial Plans; Combined Financial and
Operating Leverage. Capital Structure Theories: Traditional and M.M. Hypotheses - without
taxes and with taxes; Determining capital structure in practice.

UNIT IV
Dividend Policies: Issues in Dividend Decisions - Walter's model - Gordon's model - M-M
hypothesis - Dividend and Uncertainty - Relevance of Dividend - Dividend Policy in Practice;
Forms of Dividends - Stability in Dividend Policy - Corporate Dividend Behaviour.

UNIT V
Management of working Capital: Meaning, significance and types of Working Capital -
Calculating Operating Cycle Period and Estimation of Working Capital Requirements -
Financing of Working Capital and Norms of Bank Finance - Sources of Working Capital -
Factoring services; various committee Reports on Bank Finance - Dimensions of Working
Capital Management.

Note: Question Paper Shall covers 60% Theory and 40% Problems

REFERENCES:
Khan MY, Jain PK, BASIC FINANCIAL MANAGEMENT, Tata McGraw Hill, Delhi , 2005.
Chandra, Prasanna,. FINANCIAL MANAGEMENT, Tata McGraw Hill, Delhi.
Bhabatosh Banerjee, FUNDAMENTALS OF FINANCIAL MANAGEMENT, PHI, Delhi, 2010
Chandra Bose D, FUNDAMENTALS OF FINANCIAL MANAGEMENT, PHI, Delhi, 2010
Preeti Singh, FUNDAMENTALS OF FINANCIAL MANAGEMENT, Ane, 2011.
M.Com - 1st Year PAPER CODE: MCOM 1005

PAPER V ENTREPRENEURSHIP MANAGEMENT

UNIT-I
Entrepreneurship Definition, Role and expectations Entrepreneurial styles and types
Characteristics of the Entrepreneur Functions of an Entrepreneur Promotion of
Entrepreneurship Role of Socio-Cultural, Economic and Political Environment Growth of
Entrepreneurship in Pre and Post independence era Constraints for the Growth of
Entrepreneurial Culture.

UNIT-II
Entrepreneurial Motivation Theories - Entrepreneurial Competencies Developing
Competencies Role of Entrepreneur. Development Programs Assistance Programme for
Small Scale Units Institutional Framework Role of SSI Sector in the Economy SSI Units
Failure, Causes and Preventive Measures Turnaround Strategies.

UNIT-III
Identification of Business Opportunity Preparation of Feasibility Report Financial and
Technical Evaluation Project Formulation Common Errors in Project Formulation
Specimen Project Report Ownership Structures Proprietorship, Partnership, Company, Co-
operative, Franchise.

UNIT-IV
Corporate Entrepreneurship (Intrapreneurship) Concepts Need Strategies - Corporate
Practices Select Cases Dynamics of Competition Plans for Survival and Growth.

UNIT-V
Women Entrepreneurship Need Growth of women Entrepreneurship Problems faced by
Women Entrepreneurs Development of women Entrepreneurship Entrepreneurship in
Informal Sector Rural Entrepreneurship Entrepreneurship in Sectors like Agriculture,
Tourism, health case, Transport and allied services.

REFERENCES
Clifford M.Baumback & Joseph R.Mancuso, ENTREPRENEURSHIP AND VENTURE
MANAGEMENT, Prentice Hall
Gifford Pinchot, INTRAPRENEURING, Harper & Row
Ram K.Vepa, HOW TO SUCCEED IN SMALL SCALE INDUSTRY, Vikas
Richard M.Hodgets, EFFECTIVE SMALL BUSINESS MANAGEMENT, Academic Press
Dan Steinhoff & John F.Burgess, SMALL BUSINESS MANAGEMENT FUNDATMENTALS,
McGraw Hill
M.Com - 1st Year PAPER CODE: MCOM 1006

PAPER VI BUSINESS ENVIRONMENT AND LAW

UNIT I
Dynamics of Business and its Environment - Ethics in Business - Economic Systems and
Management Structure - Economic Transition in India: Privatisation, Globalisation and
Competition - Economic and Business Development and Environmental Issues.

UNIT II
Infrastructural Environment: Energy, Power, Transport, Communication - Social; Education,
Demographic Issues - Political: Constitution, Electoral Issues, Democracy - Productivity
Factors, Human Elements and Issues for Improvement - Total Quality - Management Issues -
Global Trends in Business and Management - MNCs - Foreign Capital and Collaboration -
Trends in Indian Industry - The Capital Market Scenario - Future Perspective of Indian Industry
and Management.

UNIT-III
Law of Contract - Agreement - Offer - Acceptance - Consideration - Capacity of Contract ¬
Contingent Contract - Quasi Contract - Performance - Discharge - Remedies to breach of
Contract - Partnership - Sale of Goods - Law of Insurance - Negotiable Instruments - Notes,
Bills, Cheques - Crossing - Endorsement - Holder in due course - Holder in value - Contract of
Agency.

UNIT-IV
Company - Formation - Memorandum - Articles - Prospectus - Shares - Debentures ¬Directors
- Appointment - Powers and Duties - Meetings - Proceedings - Management ¬Accounts Audit
Oppression and Mismanagement - Winding up.

UNIT-V
Factory Act Licensing and Registrtion of Factories, Health, Safety and Welfare Measures -
Industrial Disputes Act: Objects and Scope of the Act, Effects of Industrial Dispute,
Administration under the Act - Minimum Wages Act - Workmen Compensation Act.

REFERENCES:
Keith-Davis & William Frederick: BUSINESS AND SOCIETY, McGraw-Hill, Tokyo.
Rudder Dutt & Sundaram: INDIAN ECONOMY; Vikas, New Delhi
Kapoor, N.D.: ELEMENTS OF MERCANTILE LAW.
Maheswari & Maheswari: MERCANTILE LAW.
Ramiah: COMPANY LAW.
M.Com 2nd Year PAPER CODE: MCOM 2001

PAPER VII MANAGERIAL DECISIONS ACCOUNTING

UNIT I
Management Accounting as an area of Accounting: Objective - Nature, Management
Accounting and Managerial Decisions - Management Accounts Position, Role and
Responsibilities. Responsibility Centre - Cost Centre, Profit Centre and Investment Centre;
Objective and Determinants of Responsibility Centre.
UNIT II
Budgeting and Budgetary control: Sales Budget Cash Budget Operating Budget Master
Budget Flexible Budgeting Zero Base Budgeting Performance Budgeting.
Marginal Costing: Concept - Cost Volume Profit Analysis - Break-Even Analysis; Decision
making Make or Buy, Own or Lease, Repair or Renovate, Sell or Scrap, Export Decision,
Shut Down or Continue and Sales-Mix.
UNIT III
Standard Costing and Variance Analysis: Material Cost Variance - Labour Cost Variance -
Overhead Variance Sales Variance - Profit Variance.
UNIT IV
Financial Statement Analysis: Vertical, Horizontal and Trend Analysis - Ratio Analysis
Types of Ratios - Uses and Limitations problems in Balance Sheet to Ratios and Ratios to
Balance Sheet DuPont Analysis. Cash Flow Statement Analysis - Current Trends in the
preparation of Cash Flow Statement.
UNIT V
Contemporary Issues in Managerial Decisions Accounting: Value Chain Analysis, Activity
Based Costing (ABC), Transfer Pricing, Total Quality Management (TQM), Target and Life
Cycle Costing, Just in Time (JIT), Backflush Costing, Six Sigma, Balanced Scorecard and
Throughput Accounting (TA).
Note: Question Paper Shall covers 20% Theory and 80% Problems
REFERENCES:
Arora M. N th Edition, Vikas Publishing House (P)
Ltd
Jain and Narang, Cost and Management Accounting, Ludhiana, Kalyani Publishers, 2002.

Maheswari S.N., Principles of Management Accounting

Nigam L.and.Sharma G.L, Cost Accounting
M.Com 2nd Year PAPER CODE: MCOM 2002

PAPER VIII MERCHANT BANKING AND FINANCIAL SERVICES

UNIT-I
Financial Services Industry Emergence Developments Fund Based and Non-fund based activities
modern activities New Financial Products and Services, Innovative Financial Instruments
Challenges Ahead.

UNIT-II
Merchant Banking Issues Management Intermediaries Merchant Bankers/Lead Managers
Underwriters Bankers, Brokers and Registrars to an Issue and Share Transfer Agents Debenture
/Trustees Portfolio Managers Issue Management Activities/Procedures Eligibility norms Pricing
or Issues Issue of Indian Depository Receipts (IDR) Issue Advertisement
Issue of Debt Instruments Book building Green shoe Option Initial Public Offer through Stock
Exchange Online System Preferential Issues Qualified Institutional Placement.

UNIT-III
Factoring and Forfeiting - Modus Operandi, types, functions Factoring in India - Bills Discounting
Real estate Industry Housing Finance Housing Finance system National Housing Bank
Refinance scheme for HFCs Asset Liability Management Securitisation Mortgage-Based
Securitisation Reverse Mortgage Loan (RML) Securitisation of Standard Assets.

UNIT-IV
Mutual Funds - Origin, Types of Mutual Funds, Importance, Mutual Funds Industry in India
directives for Mutual Funds, Private Mutual Funds, Asst Management company Unit Trust of India
Evaluation of Performance of Mutual Funds Money Market Mutual Funds RBI Guidelines
Venture Capital: Meaning, Origin, Importance, Methods, India Scenario.

UNIT-V
Insurance Meaning, Types, Insurance Industry in India and related reforms Other Financial Services
Credit Cards Credit Rating: Regulatory framework Credit Rating Agencies Rating Process and
Methodology Rating symbols/Grades Pension Plan.

REFERENCES:
Khan, M.Y., FINANCIAL SERVICES, Tata McGraw Hill, New Delhi, 2001.
Gurusamy, MERCHANT BANKING AND FINANCIAL SERVIES, Tata McGraw Hill, Delhi,
2009.
Bhole L.M., Financial Institutions and Markets, Tata McGraw Hill, 2002.
M.Com 2nd Year PAPER CODE:MCOM2003

PAPER IX - INVESTMENT AND PORTFOLIO MANAGEMENT

UNIT -I
Investment Basics of Investment Investment, Speculation and Gambling Investment Categories
Investment avenues Non marketable Financial Assets Money Market Instruments
Bond/Debentures Equity Shares Schemes of LIC Mutual Funds Financial Derivatives Real
Assets Real Estate Art antiques and others.

UNIT- II
Fundamental Security Analysis Economic Analysis significance and Interpretation of the Economic
Indicators Industry Analysis Industry Growth Cycle - Company analysis Marketing Accounting
policies Profitability Dividend Policy Capital Structure Financial Analysis Operating
Efficiency Management Fundamental Security Analysis Changes in the Financing Patterns of
Indian Companies Debt-Equity Ratio for India Companies.

UNIT-III
Technical Analysis Technical Tools - The Dow Theory Primary Trend The secondary Trend
Minor Trends Support and Resistance Level Indicators Odd Lot Trading Moving Average
Rate of Change Charts Technical indicators Charting Techniques Indicators of the Witchcraft
Variety Efficient Market Theory Basic Concepts Random-Walk Theory Weak Form of EMH
Semi-strong Form Strong Form The Essence of the Theory Market Inefficiencies.

UNIT-IV
Portfolio Analysis Portfolio and Single asset Returns and Risk Mean Variance Criterion
covariance Beta (simple problems) Portfolio Markowitz Model simple Diversification Risk and
Return with Different correlation l Portfolio
Construction of the Optimal Portfolio Optimum Portfolio with short sales.

UNIT-V
Asset Pricing Model Portfolio Evaluation Capital Asset Pricing Model (CAPM) Security Market
Line Assumptions Arbitrage Pricing Model (APT) Portfolio Performance Models
Performance Index

REFERENCES
Punithavathy Pandian, SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT, Vikas
Publications Pvt. Ltd, New Delhi. 2001.
Kevin .S, SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT, PHI, Delhi, 2011
Yogesh Maheswari, INVESTMENT MANAGEMENT, PHI, Delhi, 2011
Bhalla V K,INVESTMENT MANAGEMENT: SECURITY ANALYSIS AND PORTFOLIO
MANAGEMENT, S Chand, New Delhi, 2009
Prasanna Chandra, PORTFOLIO MANAGEMET, Tata McGraw Hill, New Delhi, 2008.
M.Com 2nd Year PAPER CODE: MCOM 2004

PAPER X STATISTICAL ANALYSIS

UNIT I
Univariate Analysis: An overview of Central Tendency, Dispersion and Skewness. 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.

UNITII
Probability Theory: Probability Classical, Relative, and Subjective Probability: Addition and

Distributions: Binomial, Poisson, and Normal Distributions their characteristics and

applications.

UNIT III
Correlation and Regression Analysis: Two Variables Case
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 Z tests, 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.
Note: Question Paper Shall covers 20% Theory and 80% Problems

REFERENCES:
Arora & Arora, Statistics for Management, Sultan Chand, New Delhi, 2009
Gupta S.P., Statistical Methods, Sultan Chand, New Delhi 2009
Levin, Richard I. and David S Rubin, Statistics for Management, Prentice Hall, Delhi 2009
Sonia Taylor,Business Statistics, Palgrave Macmillan, 2009.
Qaziahmed, Zubuirkhan, Shadabahmedkha,Numerical and Statistical Techniques Ane,
2010
M.Com 2nd Year PAPER CODE: MCOM 2005
PAPER XI E-COMMERCE

UNIT I
Introduction to E-Commerce: Meaning and concept: Electronic Commerce versus Traditional
Commerce; Media convergence; E-commerce and E-Business; Channels of E-Commerce;
Business application of E-Commerce; need for E-Commerce; E-Commerce Consumer
applications, E-Commerce Organisation applications - Commerce as an Electronic Trading
System - special features. Internet Concept and Technologies: Concept and Evolution of
Internet; Web Technologies Global Publishing Concept, Universal Reader Concept and
Client Server Concept; Hypertext Publishing and Hypertext Information Network; Benefits of
Hypertext, URLS, HTTP , HTTPD servers, HTML, HTML forms and CGI Gateway Service.

UNIT II
Business Models of E-Commerce and Infrastructure: E-Commerce Models; Supply Chain
Management, Product and Service Digitations Remote Servicing, Procurement; on line
Marketing and Advertising E-Commerce Resources and Infrastructure Resources and Planning
for Infrastructure. E -Business: Workflow Management, Mass Customization and Product
Differentiation; Organization Restructuring; Integrated Logistics and Distribution; Knowledge
Management Issues and Role of E-Commerce Infrastructure.

UNIT III
Electronic Payment System: Special Features Required in Payment Systems for E- Commerce,
Types of E-Payment Systems; E- Cash and Currency Servers, E-Cheques Digital Token Based
Credit Cards, Smart Cards, Electronic Purses and Debit Cards; Business Issues and Economic
Implications; Operational, Credit and Legal Risk Of E-Payment System; Risk Management
Options in E-Payment System; Components of An Effective Electronic Payment System.

UNIT IV
Business to Business E-Commerce: Needs and alternative models of B2B E-Commerce;
Technologies, EDI and paperless trading; EDI architecture, EDI standards, VANs, Costs of
EDI Infrastructure, features of EDI Service Arrangement, Internet-based EDI and FTP-based
messaging.

UNIT V
Security Issues in E-Commerce: Security Risks of E-Commerce, Exposure of Resources, Types
of Threats, and Source of Threats, Security Tools and Risk-Management Approach E-
Commerce Security and a Rational Security Policy for E-Commerce: Corporate Digital
Library; I.T. Act 2000.
REFERENCES:
Agarwal & Deeksha Ararwalar, Business on the Net; E-Commerce, Macmillan, Delhi, 2006
Diwan, Prag and Sunil Sharma, Electronic Commerce E Business Vanity Books, Delhi,
2002
Joseph P.T., E-Commerce, PHI, Delhi, 2007
Kalakafa Whinston, Frontiers of electronic Commerce, Pearson
Minoli and Minol, Web Commerce Technology Hand Book, Tata McGraw Hill, Delhi. 2007
M.Com 2nd Year PAPER CODE: MCOM 2006
PAPER XII - INTERNATIONAL TRADE AND FINANCE
UNIT-I
International Trade Benefits Basis of International Trade Foreign Trade and Economic Growth
Balance of Trade Balance of Payment Current Trends in India Barriers to International Trade
Indian EXIM Policy.
UNIT-II
Export and Import Finance: Special need for Finance in International Trade INCO Terms (FOB, CIF,
etc.,) Payment Terms Letters of Credit Pre Shipment and Post Shipment Finance Fortfaiting
Deferred Payment Terms EXIM Bank ECGC and its schemes Import Licensing Financing
methods for import of Capital goods.
UNIT-III
Foreign Exchange Markets Spot Prices and Forward Prices Factors influencing Exchange rates
The effects of Exchange rates in Foreign Trade Tools for hedging against Exchange rate variations
Forward, Futures and Currency options FEMA Determination of Foreign Exchange rate and
Forecasting Law of one price PPP theory Interest Rate Parity Exchange rate Forecasting.
UNIT-IV
Export Trade Documents: Financial Documents Bill of Exchange Type Commercial Documents
Proforma, Commercial, Consular, Customs, Legalized Invoice, Certificate of Origin Certificate
Value, Packing List, Weight Certificate, Certificate of Analysis and Quality, Certificate of Inspection,
Health certificate. Transport Documents - Bill of Lading, Airway Bill, Postal Receipt, Multimodal
Transport Document. Risk Covering Document: Insurance Policy, Insurance Cover Note. Official
Document: Export Declaration Forms, GR Form, PP From, COD Form, Softer Forms, Export
Certification, GSPS UPCDC Norms.
UNIT-V
Export Promotion Schemes Government Organizations Promoting Exports Export Incentives: Duty
Exemption IT Concession Marketing Assistance EPCG, DEPB Advance License Other efforts
I Export Promotion EPZ EQU SEZ and Export House.

REFERENCES
Jeevanandam .C, INTERNATIONAL BUSINESS, M/s Sultan & Chand, Delhi, 2008
Sumathi Varma, INTERNATIONAL BUSINESS, Ane, Delhi, 2010
Levi, Maurice D, International Finance, McGraw Hill, International Edition, 2009
O Connor DJ, Bueso AT, International Dimensions of Financial Management; Macmillan, New
Delhi.