syllabus master of commerce(m.com)

SCHEME OF EXAMINATION
FOR
MASTER OF COMMERCE (M.COM)
PROGRAMME CODE: 010301 DURATION: FOUR SEMESTERS
ELIGIBILITY: BACHELOR DEGREE TOTAL CREDITS: 80
FIRST SEMESTER
Sr.
No
Paper code /
Course Code
Title of The Course Credits
Internal
Assessment
Marks
Term
End
Exam
Total
Marks
1 01030111 / PRM201 Principal of Management 4 30 70 100
2 01030112 / AFA201 Advanced Financial Accounting 4 30 70 100
3 01030113 / SME201 Statistical Methods 4 30 70 100
4 01030114 / COG201 Corporate Governance 4 30 70 100
5 01030115 / HRM201 Human Resource Management 4 30 70 100
SECOND SEMESTER
Sr.
No
Paper code /
Course Code
Internal
Assessment
Marks
Term
End
Exam
Total
Marks
1 01030121 / MAE201 Managerial Economics 4 30 70 100
2 01030122 / MAA201 Managerial Accounting 4 30 70 100
3 01030123 / MCP201 Marketing Concepts & Principals 4 30 70 100
4 01030124 / FIM201 Financial Management 4 30 70 100
5 01030125 / COF201 Corporate Finance 4 30 70 100
THIRD SEMESTER
Sr.
No
Paper code /
Course Code
Internal
Assessment
Marks
Term
End
Exam
Total
Marks
1 01030131 / EIM201 Entrepreneurship & Innovation Management 4 30 70 100
2 01030132 / LFB201 Legal Framework for Business 4 30 70 100
3 01030133 / FMS201 Financial Markets And Services 4 30 70 100
4 01030134 / ECL201 Economic Legislation 4 30 70 100
5 01030135 / CTP201 Corporate Tax Planning 4 30 70 100
FOURTH SEMESTER
Sr.
No
Paper code /
Course Code
Internal
Assessment
Marks
Term
End
Exam
Total
Marks
1 01030141 / STM201 Strategic Management 4 30 70 100
2 01030142 / BCL201 eBusiness and Cyber Laws 4 30 70 100
3 01030143 / CRP201 Corporate Reporting Practices 4 30 70 100
4 01030144 / INP201 Internship Project 8 60 140 200

FIRST SEMESTER
PRINCIPLE OF MANAGEMENT (PRM201)
UNIT – I
Introduction: Concepts, Function or Process, Management Discipline, as Arts or Science, Understanding
Management and Administration, Managerial Skills, Roles of a Manager, Levels of Management.
UNIT – II
Development of Management Thought: Early Classical Approaches- Scientific Management, Contribution and
limitation of Scientific Management, Administrative Management: Bureaucracy, Neo -Classical Approaches –
Human Relations Movement, Behavioral Approach -Douglas, McGregor, Abraham Maslow, Chester Barnard,
Mary parker Approach, Modern Approaches - Quantitative Approach, Social System Approach, Decision Theory
Approach, Contingency Approach. Business Ethics and Social Responsibility
UNIT – III
Planning: Definition of Planning, Nature of Planning, Importance of Planning ,Types of plans, Types of Planning,
Process of Planning, Steps in Planning, Decision Making - Concept, Significance and Types of Decision.
UNIT – IV
Organizing: Concept, Process of Organizing, Forms of Organizational Structure, Formal and informal
organization, Line and staff structure Functional structure, Span of Control, Authority, Responsibility,
Accountability, Delegation of authority, Departmentation, Decentralization.
UNIT – V
Staffing: Concept, Manpower Planning, Job Design, Recruitment & Selection, Training & Development,
Performance Appraisal.
UNIT – VI
Leading: Core of Leadership: Influence, Functions of Leaders, Leadership Style, Leadership Development
Communication Process, Importance of Communication, Communication Channels, Barriers to Communication.
UNIT – VII
Controlling: Definition, importance of controlling, Characteristics of control, Control process, Types of Control
System, Essentials of good Control Systems, Techniques of Control, Budgetary and Non-Budgetary Control,
Social Responsibility of Business Change and Development Model for Managing Change, Forces for Change,
Need for Change, Alternative Change Techniques, New Trends in Organisational Change.
SUGGESTED READINGS:
1. Management, Stoner and Freeman, Prentice Hall of India.
2. Essentials of Management, Koontz and Heinz Weihrich, Mc Graw Hill.
3. Management, Robbins & Coulter, Prentice Hall of India.
4. Principles of Management, Gilbert, Mc Graw Hill.
5. Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, Hillier
Frederick S. and Hillier Mark S, Mc Graw Hill
6. Management, A Global and Entrepreneurial Perspective, Weihrich Heinz &Koontz Harold, Mc Graw Hill

ADVANCED FINANCIAL ACCOUNTING (AFA201)
UNIT – I
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
REFERENCE 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
4. M.C. Shukla: Advanced Accounts S. Chand and Co., New Delhi 2009.
5. Anitong Hawkins and Merchant : Acounting – Text and cases, Tata McGrawHill, New Delhi 2009
6. A. Mukherjee and M. Hanif: Modern Accountancy, Tata McGraw Hill, New Delhi 2008
7. B.K. Banerjee: Financial Accounting, PMI Learning (P) Ltd., NewDelhi 2010.

STATISTICAL METHODS (SME201)
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 – II
Statistical Decision Theory: Decision environment; Expected profit under uncertainty and assigning probabilities;
Utility theory.
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.
REFERENCE BOOKS:
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
3. BS Kenblock –Fundamentals of Statistics, 3rd edition, Michael Sullivan Sollution manual 201
4. Hooda, R.P: Statistics for Business and Economics, Macmilla 3rd edition, New Delhi.(2004)
5. Heinz, Kohleer: Statistics for Business & Economics, Harper Collins, New York.(2002)
6. Hein, L.W: Quantitative Approach to Managerial Decisions, Prentice Hall, New Jesery 3rd edition 1978.
7. Arora & Arora, Statistics for Management, Sultan Chand, New Delhi.(2009)
8. J. Medhi – Statistical Methods, an Introductory text, John Wiley & sons 1993
9. Statistics, Mumay & Spiepel, J. Stephen, TataMcGraw Hill Publishing Company, Fourth edition, 2010
Special Indianedition
10. David Freedman, Robert Pisani, roger Purves”Statistics‟ viva books, Special Indian edition, fourth
edition 2010
11. Qaziahmed, Zubuirkhan, Shadabahmedkhan,‟Numerical and Statistical Techniques Ane books Pvt. Ltd.,
2010
12. Sonia Taylor,”Business Statistics” PalgraveMacmillan, second edition 2009.

CORPORATE GOVERNANCE (COG201)
UNIT - I
What is Ethics, Nature and scope of Ethics, Facts and value, Ethical subjectivism and Relativism, Moral
Development (Kohlberg’s 6 stages of Moral Development), Ethics and Business, Myth of a moral business.
Decision making (Normal Dilemmas and Problems): Application of Ethical theories in Business (i) Utilitarianism
(J.Bentham and J.S. Mill), (ii) Deontology (I. Kant) Virtue Ethics (Aristotle). Economic Justice: Distributive
Justice, John Rawls Libertarian Justice (Robest Nozick) Ethical Issues in Functional Areas of Business.
Marketing: Characteristics of Free and Perfect competitive market, Monopoly oligopoly, Ethics in Advertising
(Truth in Advertising). Finance: Fairness and Efficiency in Financial Market, Insider Trading, Green Mail,
Golden parchate. HR: Workers Right and Duties: Work place safety, sexual harassment, whistle blowing.
UNIT - II
Corporate Governance: Origin and Development of Corporate governance, Theories underlying Corporate
Governance (Stake holder’s theory and Stewardship theory, Agency theory, Separation of ownership and control,
corporate Governance Mechanism: Anglo‐American Model, German Model, Japanese Model, Indian Model,
OECD, emphasis on Corporate governance, Ethics and Governance, Process and Corporate Governance
(Transparency Accountability and Empowerment).
UNIT - III
Role Players: Role of Board of Directors and Board Structure, Role of Board of Directors, Role of the Non‐
executive Director, Role of Auditors, SEBI Growth of Corporate Governance. Role of Government, Corporate
governance in India, Kumaramangalam Birla Committee, CII, Report, Cadbury Committee.
RECOMMENDED BOOKS:
1. Business Ethics and Corporate Governance, C.S.V.Murthy, HPH
2. Business Ethics, Francis & Mishra, TMH
3. Corporate governance, Fernado, Pearson
4. Business Ethics & Corporate Governance, S. Prabakaran, EB
5. Corporate Governance, Mallin, Oxford
6. Corporate Governance & Business Ethics, U.C.Mathur, MacMillan

HUMAN RESOURCE MANAGEMENT (HRM201)
UNIT - I
Perspectives in Human Resource Management
Evolution of Human Resource Management – The Importance of the Human Factor – Objectives of Human
Resource Management – Role of Human Resource Manager – Human Resource Policies – Understanding
business process in the context of Human Resource Management – Computer Applications in Human Resource
Management.
UNIT - II
The concept of Best-fit Employee
Importance of Human Resource Planning – Forecasting Human Resource requirements – Internal and External
sources. Selection Process – Screening – Tests – Validation – Interview –Medical Examination – Recruitment.
Induction – Importance – Practices Socialization benefits.
UNIT - III
Training and executive Development
Types of training methods – Purpose – Benefits – Resistance. Executive development programmes – Common
practices – Benefits – Self Development – Knowledge Management.
UNIT - IV
Sustaining Employee Interest
Compensation Plans – Rewards – Motivation – Theories of motivation – career Management – Developing
Mentor – Protege Relationships.
UNIT - V
Performance Evaluation and Control Process
Methods of Performance Evaluation – Feedback – Industry practices, Promotion, Demotion, Transfer and
Separation – Implications of job change. The control process – Importance –Methods – Requirements of Effective
Control System. Grievances – causes – Implications – Redressed Methods – Gender Sensitivity. 25
SUGGESTED READINGS:
1. Human Resource Management by MIRZA – S – Saiyadain Tata Mcgraw Hill Co.
2. Human Resource Management by K. Aswathappa – Tata Mcgraw Hill Co.
3. Human Resource Management by Biswajeet Pattanayak, PHI learning India PVT Ltd.,
4. Human Resource Management by SK. Sharma Global India Publications PVT Ltd., New Delhi.
5. Managing Human Resource by Fisher, Schoenfeldt and Shaw, cengage learning.
6. Managing Human Resources by Wayne.F Cascio, Tata Mcgraw Hill Co.

SECOND SEMESTER
MANAGERIAL ECONOMICS (MAE201)
UNIT - I
Consumer Preferences – Consumer preference and utility function, utility maximization, indirect utility,
compensated (Hicksian) and ordinary (Marshallian) demand functions Consumer Demand – Normal versus
inferior goods, Slutsky equation, consumers surplus Behaviour under Uncertainty – Expected utility, measures of
risk aversion; revealed preference.
UNIT - II
The theory of Firm Behaviour – Production function, isoquants, elasticity of substitution, returns to scale, profit
maximization, factor demand and output supply functions, profit function. Cost Minimization – Conditional factor
demands, average and marginal costs, short-run versus long – run costs.
UNIT - III
Market Equilibrium – Industry demand and supply functions, short-run equilibrium, entry and exit, long-run
equilibrium. Monopoly – Basic model, welfare and output, price discrimination (first degree, second degree, third
degree), monopoly regulation. Oligopoly – Basic elements of game theory, Cournot model, Bertrand model,
quantity, or price leadership model; collusion.
UNIT - IV
Macroeconomics; micro foundations, aggregation problem, macro economic problems. Micro foundations of
Keynesian Models – Microeconomic foundations of consumption function, investment function and liquidity
preferences. Macroeconomic Models for India – Nature and scope, computable general equilibrium models.
UNIT - V
Indian Economic Development – Understanding the Indian Economy – Growth of GDP and Per Capita Income –
Planning for the economy; Monetary Policy – Financial Sector Reforms – Role of Central Bank – Credit Policy –
Inflation Targeting – NBFCs. Industrial Policy – Industrial Controls and Licensing – Productivity and Growth –
Industrial Credit – Industrial Sickness – Foreign Investment – Industrial Reforms – Investment – Regional
Variations – Impact of WTO.
SUGGESTED READINGS:
1. Managerial Economics by Joel dean Indian Edition, PHI learning India PVT Ltd.,
2. Managerial Economics, MA. Beg and Manoj kumar Dash – Ane books PVT Ltd.,
3. Managerial Economics, an Integrative Approach, Mark Hirschey – India Edition – Cengage Learning.
4. Managerial Economics – Geetika, Piyali Ghosh and Purba Roy Choudhury-Tata Mcgraw hill co.
5. Managerial Economics, DN Dwivedi Vikas publishing house PVT Ltd.,

MANAGERIAL ACCOUNTING (MAA201)
UNIT – I
Accounting: Importance & scope of accounting, Accounting concepts & conventions, Accounting Standards,
IFRS, Accounting equations, Users of accounting statements. Preparation of Books of Original Records: Journals,
Subsidiary books, Ledgers & Trial balance. Preparation of Final Accounts / Statements: Basic adjustments,
Preparation of financial statements. Depreciation Fixed Asset Accounting, Inventory valuation. Students should
learn application of Tally package.
UNIT – II
Corporate Accounting: Accounting of Joint Stock Companies: Overview of Share Capital and Debentures,
Accounting for Issue and forfeiture of Shares, Issue of Bonus Share. Issue of Debentures, Financial Statements of
Companies: Income Statement and Balance Sheet in Schedule VI.
UNIT – III
Provisions of the Companies Act: Affecting preparation of Financial Statements, Creative Accounting, Annual
Report, Presentation and analysis of Audit reports and Directors report. (Students should be exposed to reading of
Annual Reports of Companies both detailed and summarized version).
UNIT – IV
Financial Performance Measurement: Funds Flow & Cash Flow Statement: Preparation & Analysis. Financial
Statement Analysis. Analysis of Financial Performance of a firm ; Use of Different Tools, Ratio Analysis –
Different Types of Ratios. Case Analysis Compulsory For Each Module.
RECOMMENDED BOOKS:
1. Financial Accounting for Management, Ambrish Gupta, Pearson
2. Financial Accounting for Management, D Khatri, TMH
3. Accounting for Management, M.N.Arora, HPH
4. Financial and Management Accounting, Satpathy/Sahoo, Vrinda
5. Financial Accounting: A Managerial Perspective, R. Narayan Swamy, PHI
6. Financial Accounting, Warren, Revee, Cengage
7. Basic Financial Accounting for Management, Shah, Oxford
8. A New Approach to Financial Accounting, Bal/Sahu/Das, S. Chand
9. Financial Accounting, Jain/Narang/Agarwal, Kalyani
10. Financial Accounting for Managers, T.P.Ghosh, Taxman.
11. A Text Book of Accounting for Management, Maheswari, Vikas

MARKETING CONCEPTS & PRINCIPALS (MCP201)
UNIT-I
Management : Definition, nature, process , functions & skills . Evolution of management thoughts - F.W. Taylor,
Henri Fayol, Max Weber , Elton Mayo . Management Approachs- System approach , Contingency approach .
Business Organisation - Types of ownership.
UNIT-II
Planning : Concept and purpose , Planning Process , Management by Objectives(MBO), Decision Making .
Organisation : Concept and purpose of organisation , Types of organisation , Line, Line & Staff , Matrix , Virtual
Organisation structures . Basis of Departmentation , Concept of Authority, Functional Authority, Delegation of
Authority , Centralisation and Decentralisation of Authority. Coordination . Staffing .
UNIT-III
Directing : Leadership - Concept , Traits, Styles . Communication : Concept, Types , process, barriers, making
Communication effective . Controlling : Concept, process, Requirement for Adequate control , Budgetory
Control, Non-Budgetory Control .
UNIT-IV
Business Process Re-engineering - Concept , Process, Redesign, BPR experiences in Indian Industry . Total
Quality Management(TQM) - Concept , Systems model of Quality, Deming's approach, TQM as a business
Strategy . Knowledge Management (KM)- What , why, how, of Knowledge Management , KM process ,
approach, strategies, tools. E-commerce- Ideology, methodology, classification by application /nature of
transactions , Driving Forces of EC, Impact Of EC, Scope .
UNIT-V
Functional area of Management - Concept, objectives, scope and principle of Marketing Management, Production
Management, HRM , Finance, Material management
SUGGESTED READINGS :
1. Stoner, Freeman , Gilbert Jr. : Management (Pearson education)
2. Kootz,O'Donnell , Weighrich : Essentials of Management
3. Michael , J. Stahl : Management -Total Quality in a global environment ( Blackwell Business)
4. Newman , Warren and Summer : The Process of Management , Concept, Behaviour & Practice .
5. Brech , E.F.L. : Principles and Practice of Management
6. Drucker , P.F. : Managements , Tasks , Responsibilities , Practices
7. Asha Kaul : Effective Business Communication (PHI)
8. RonLudlow, Fergus Panton : The Essence of Effective Communication(PHI)
9. Efrain , jae, david , H. Micheal : Electronic Commerce : A Managerial Perspective (Pearson Education)
10. Carr D.K. and Johansson H.J. - Best Practices in Re-engineering (MGH)
11. Jayaraman M.S.: Business Process Re-engineering (TMG)

FINANCIAL MANAGEMENT (FIM201)
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.
UNIT – II
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.Operating and
Financial Leverage: Measurement of Leverages; Effects of operating and financial leverage on profit; Analysing
alternate financial plans; Combined financial and operating leverage.
UNIT – III
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 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. Management of cash, receivables and inventory.
REFERENCE BOOKS:
1. Pandey, I.M: Financial Management, Vikas Publishing House, Delhi
2. Khan MY, Jain PK: Financial Management; Tata McGraw Hill, New Delhi
3. Chandra, Prasanna: Financial Management, Tata Mc Graw Hill, Delhi 2010
4. Hampton , John: Financial Management, Vikas Publishing House, Delhi. 2006
5. Van Horne, J.C. and J.M Wachowicz Jr.: Fundamentals of Financial Management, Prentice – Hall, Delhi
2008
6. Briham & Ehrhardt: Financial Management- Text & Cases, CENGAGE Learning India (P) Ltd., New
Delhi 2009

CORPORATE FINANCE (COF201)
UNIT - I
INDUSTRIAL FINANCE
Indian Capital Market – Basic problem of Industrial Finance in India. Equity – Debenture financing – Guidelines
from SEBI, advantages and disadvantages and cost of various sources of Finance - Finance from international
sources, financing of exports – role of EXIM bank and commercial banks.– Finance for rehabilitation of sick
units.
UNIT - II
SHORT TERM-WORKING CAPITAL FINANCE
Estimating working capital requirements – Approach adopted by Commercial banks, Commercial paper- Public
deposits and inter corporate investments.
UNIT - III
ADVANCED FINANCIAL MANAGEMENT
Appraisal of Risky Investments, certainty equivalent of cash flows and risk adjusted discount rate, risk analysis in
the context of DCF methods using Probability information, nature of cash flows, Sensitivity analysis; Simulation
and investment decision, Decision tree approach ininvestment decisions.
UNIT - IV
FINANCING DECISION
Simulation and financing decision - cash inadequacy and cash insolvency- determining the probability of cash
insolvency- Financing decision in the Context of option pricing model and agency costs- Inter-dependence of
investment- financing and Dividend decisions.
UNIT - V
CORPORATE GOVERNANCE
Corporate Governance - SEBI Guidelines- Corporate Disasters and Ethics- Corporate Social Responsibility-
Stakeholders and Ethics- Ethics, Managers and Professionalism.
TEXTBOOKS:
1. Richard A.Brealey, Stewat C.Myers and Mohanthy, Principles of Corporate Finance, Tat McGraw Hill,
9th Edition, 2011
2. I.M.Pandey, Financial Management, Vikas Publishing House Pvt., Ltd., 12th
Edition, 2012.
REFERENCES:
1. Brigham and Ehrhardt, Corporate Finance - A focused Approach, Cengage Learning, 2nd Edition, 2011.
2. M.Y Khan, Indian Financial System, Tata McGraw Hill, 6th Edition, 2011
3. Smart, Megginson, and Gitman, Corporate Finance, 2nd Edition, 2011.
4. Krishnamurthy and Viswanathan, Advanced Corporate Finance, PHI Learning, 2011.

THIRD SEMESTER
ENTREPRENEURSHIP &INNOVATION MANAGEMENT (EIM201)
UNIT - I
Entrepreneurship: Entrepreneurship and enterprise: concept, Role in economic development. Entrepreneurial
competencies: awareness, assessment & development. Simulation Exercise on goal setting in entrepreneurship.
Entrepreneurial and intrapreneurial mind. International entrepreneurship opportunities
UNIT - II
Business Plan:Emerging business opportunities: Sources and assessment. Business plan: concept, methods,
analysis and interpretation. Source of external finance, short term as well as long term. Informalrisk capital and
venture capital. Financial statements, BEP, Ratios and project appraisal Environmental, Marketing.
UNIT - III
Start Up:Institutional support to start up and incentives forSSI. statutory obligation in starting a unit ( generallike
Income tax, VAT, CST or GST, service tax, excise and customers, labour laws, etc ). Start upStrategy. Dealing
with outside agencies like consultant, contractors etc. Key marketing issue of new venture. Starting a Franchising
business. Starting an e-commerce venture. Buying a running business.
UNIT - IV
Managing Growing Venture Growth, objective and strategy. Managing growth.Accessing resource from external
sources for financing growth including public issue. Merger,amalgamation, joint venture, collaboration andselling
business.
UNIT - V
Innovation Management Innovation management an introduction. Organizational setup that facilitate innovations.
Management of research and development. Strategic alliances and networks. Developing effective
implementation mechanisms. Presentation of innovations assignment.
REFERENCE BOOKS:
1. Robert D. Hisrich, Michael P Peters and Dean A Shepherd – Entrepreneurship - The McGrawHill
Companies - 6 th Edition or Latest Edition
2. P. C. Jain - Hand book for New entrepreneurs – Oxford University Press – Latest Edition
3. Paul Trot - Innovation Management and New product development – Pearson Education – 4th
edition
4. S. Nagendra and V. S. Manjunath - Entrepreneurship and Management – Pearson Education – 2008
5. P. Narayana Reddy - Entrepreneurship Text and Cases – Cengage - 2010

LEGAL FRAMEWORK FOR BUSINESS (LFB201)
UNIT – I
Contract Act, 1872: definition, concept of contract, valid contract and its essential elements, criteria for
classification for contract, quasi contract, various forms of quasi contracts, discharge of contract: various;
remedies for breach of contract.
UNIT – II
Sale of Goods Act, 1930: introduction, contract of sale, agreement to sell, documents of title, conditions and
warranties, doctrine of caveat emptor: transfer of property: significance of transfer of ownership, rules;
performance: delivery of goods by seller, acceptance of delivery by buyer; remedies for breach: Rights of Unpaid-
sellers
UNIT – III
Negotiable Instruments Act, 1881: definition and characteristics, promissory notes, bills of exchange, and
cheques, parties to negotiable instruments; Methods of negotiation of instrument, endorsement and delivery of a
negotiable instrument, negotiation by unauthorized parties, negotiation of dishonored and overdue instruments;
banker and customer: introduction, crossing of a cheques, obligations of a banker, protection granted to bankers,
obligations of a customer, bouncing of cheques
UNIT – IV
Partnership Act, 1932: definition of partnership, types, of partnership, Formation of Partnership, registration of
partnerships, and kinds of partners, rights and liabilities of partners, minor’s status in a partnership firm,
dissolution of partnership firm Companies Act, 1956: definition of a company, formation of company,
memorandum and articles of associations of a company, types of companies, management of companies: directors
and meetings; winding up of companies
UNIT – V
Consumer Protection Act, 1986: definition of consumer, goods and defect, services and deficiency, consumer
forums, procedure to approach consumer forums Employee Benefit: brief outline of legislations: Minimum
Wages Act, 1948; Payment of Bonus Act, 1965; Payment of Gratuity Act, 1972;
SUGGESTED READINGS:
1. Kuchhal MC - Business Law (Vikas), 2nd ed 1998.
2. Tlsian- Business Law (Tata McGraw-Hill, 2nd edition)
3. Kuchhal- Mercantile Law (Vikas), 1998, 4th ed.

FINANCIAL MARKETS AND SERVICES (FMS201)
UNIT – I
Indian Financial System - Constituents, Functions of the Financial System, Financial Development Ratios. Inter-
relationship between Financial System and Industrial Development. Efficiency Indicators of Financial System-
RBI and Financial System.- Financial Sector Reform in India.- Globalisation of Indian Financial System.
UNIT – II
Financial Markets - Major Segments of Financial Markets: Money Market, Capital Market, Foreign Exchange
market and Govt Security Market- Money Market: Call Money Market, Bill Market, Repo Market, T Bill,
Commercial Paper, Certificate of Deposits Capital Market: Primary and Secondary Market, Cash/Spot Market
and Derivative Market, and Equity and Debt Market.
UNIT – III
Securities Market - Securities trading and Settlement, and Listing of securities. Functions of Stock Exchanges:
Operations of OTCEI, and NSE Role of SEBI: Fair market practice and Investor Protection Recent Trends in
Security market.
UNIT – IV
Financial Instruments- Fixed Income Securities: Understanding of Bonds, General and Specific Characteristics,
Innovations in Bond features. Warrants, Ex- interest debentures, Deep discount bonds, and Secured premium
notes. Common Stocks: Understanding of common stocks, General and Specific characteristics. Bonus shares,
Right shares, ADRs and GDRs. Hybrid Securities: Convertible Debentures, ECBs abd FCCBs Methods of Issue
of securities
UNIT – V
Financial Services - Nature of financial services. Types: Fee Based and Fund based services. Credit rating,
Factoring, Venture financing, Angel financing, Securitisation, Merchant Banking, and mergers and acquisitions.
REFERENCE BOOKS:
1. Khan, M. Y.: (2009) Indian Financial System (Tata McGraw, N.Delhi,)
2. Bhole, L.M.:(2009) Indian Financial System (Tata Mc-Graw Hill, N. Delhi,)
3. Avadhai, V. A.(2006) Investment and Securities Markets in India (Himalay Publishing, House, N.Delhi,)
4. Desai, V: (2008) Indian Financial System and Development. (Himalaya Publishing House, N.Delhi,)
5. Khan, M. Y(2009) Financial Services (Tata McGraw, N.Delhi, )

ECONOMIC LEGISLATION (ECL201)
UNIT – I
Trade, Competition and Consumer Protection - Concept of competition, development of competition law -
Competition Act, 2002 – anti competitive agreements, abuse of dominant position, combination, regulation of
combinations, Competition- Commission of India ; Appearance before Commission, compliance of Competition
Law- Consumer Protection Act, 1986- genesis of the law ; objects ; rights of consumers ; nature and scope of
remedies ; appearance before Consumer Dispute Redressal Forums.
UNIT – II
Essential Commodities and Standards of Weights and Measures- Objects ; powers of Central Government, seizure
and confiscation of essential commodities summary trial ; Standards of Weights and Measures Act, 1976.
UNIT – III
Management of Foreign Exchange Transactions - Objectives and definitions under FEMA ; current account
transactions, capital account transactions, foreign direct investment in India and abroad, acquisition and transfer
of immovable property ; Establishment in India of branch, office etc ; Export of goods and services ; Realisation
and repatriation of foreign exchange, authorised person, penalties and enforcement. Foreign contributions and
hospitality; exemptions, powers of Central Government, adjudication and appeal ; offences and penalties.
UNIT – IV
Intellectual property ; Kinds, meaning of intellectual property; concept of pattern; Trade Mark; right, design,
patent law & Enforcement Trade Mark Law & Enforcement ; copy right law & enforcement
UNIT – V
Securities and Exchange Board of India Act,1992- powers and functions-disclosure by companies-power to issue
directions- collective investment scheme- penalties- adjudication-procedure for appeal to the tribunal- power of
the central government-offences and punishment – power to make rules and regulations- SEBI annual report –
adjudication- Securities Appellant Tribunal (Procedures) Rule, 2000 TEXT 1, Aswathapa,K (2009) Legal
environment of Business, Himalya, Delhi
REFERENCE BOOKS:
1. The Competition Act, 2002 (along with Statement of Objects & Reasons) and the notifications issued by
the Central Govt
2. Bhandari,M.L (2007) Guide to company Law Procedures, Jan Book agency, New Delhi
3. SEBI Act, 1992- Nabbi Pablication, New DELHI
4. Bare Act of SEBI, IDRA,ECA, Intellectual Property Law

CORPORATE TAX PLANNING (CTP201)
UNIT – I
Tax Planning and Tax Management - Introduction -Tax planning Vs Tax Management, - Tax avoidance Vs Tax
evasions
UNIT – II
Corporate taxation: - Computation income from business – Depreciations -MAT, Dividend Distribution Tax- Tax
on Income distributed to Unit holders – Tax incentives to the exporters
UNIT – III
Tax Planning and Corporate Decisions:- Tax Planning for new business - Capital Structure Decision-Dividend
Distribution Decision, Own or Lease, Make or Buy Decision, Shutdown or Continue Decisions, Repair or
Replace, Sale of Assets used for Scientific Research
UNIT – IV
Tax Issues Relating to Business Restructuring:-amalgamation& Demerger.- various provisions
UNIT – V
Tax payments - TDS – TCS – Advance payment of Tax
REFERENCE BOOKS:
1. V.K. Singhania and Monica Singhania Corporate Tax Planning and Business Tax Procedure Taxmann
Publication Ltd., 14th edition 2010
2. Sally Jones and Shelley Rhodes Principal of Taxation for business and Investment Planning Tata
McGraw Hill 4th edition 2010.
3. V.K. Singhania and Kapil Singhania “Direct Tax Laws and Practice Taxmann Publication 43rd edition
2010
4. H.C. Mehrotra and S.P. Goyal Income Tax Law and Accounts Sahitya Bhawan Publications 51st edition
2010
5. Gaur and Narang Income Tax Law and practice Kalyani Publication 38th edition 2010
6. R.K. Agarwal Tax Planning for Companies, Hindu Law Publisher 14th edition 2008
7. V.K. Singhania and Kapil Singhania Corporate Tax Planning and Management Taxmann Publication
12th edition 2008
8. Kaushal Kumar Agrawal Direct Tax Planning and Management Atlantic Publiction 5th edition 2006..

FOURTH SEMESTER
STRATEGIC MANAGEMENT (STM201)
UNIT - I
Corporate Strategic planning
Mission – Vision of the firm – Development, maintenance & the role of leader – Hierarchal levels of planning –
Strategic planning process. Merits and Limitations of Corporate Strategic Planning. Strategic Management in Practice.
UNIT - II
Environment Analysis & Internal Analysis of Firm
General environment scanning, competitive environment analysis – to identify opportunities & threat – Assessing
internal environment through functional approach and value chain –indentifying critical success factors – to identify the
strength & weakness – SWOT audit – swot matrix – implications core competencies – Port-folio analysis – Stake –
holder’s expectations, Scenario – Planning
UNIT - III
Strategy Formulation
External Environmental Analysis; Analyzing Companies Resource in Competitive Position- Concept of Stretch,
Leverage and Fit; Strategic Analysis and Choice, Porter’s Five Forces Model, Concept of Value Chain, Grand
Strategies; Porter’s Generic Strategies; Strategies for Competing in Global Markets.
UNIT - IV
Corporate-Level Strategies
Diversification Strategies: Creating Corporate Value and the Issue of Relatedness, Vertical Integration: Coordinating
the Value Chain, The Growth of the Firm: Internal Development, Mergers & Acquisitions, and Strategic Alliances
Restructuring Strategies: Reducing the Scope of the Firm.
UNIT - V
Strategy Implementation and Evaluation
Structural Considerations and Organizational Design; Leadership and Corporate Culture; Strategy Evaluation:
Importance and Nature of Strategic Evaluation; Strategic and Operational Control, Need for Balanced Scorecard.
SUGGESTED READINGS:
1. Thomas L. Wheelen, J. David Hunger (2010). Strategic Management and Business Policy, Pearson/Prentice
Hall.
2. Arthur, A, Thomson and Strickland, A. J. (2002). Strategic Management – Concept and Cases.Tata McGraw
Hill, New Delhi.
3. Kark Rajneesh (2008). Competing with the Best: Strategic Management of Indian Companies in a Globalizing
Arena Penguin Books.
4. Azhar Kazmi (2004). Business Policy and Strategic Management. Tata McGraw Hill, New Delhi.
5. Hitt Michael A., Ireland R.D. and Robert E Hoskisson. Strategic Management: Competitiveness &
Globalization, Concepts and Cases, Addison Wesley.

e-BUSINESS AND CYBER LAWS (BCL201)
UNIT - I
Introduction to E-business
E-business: meaning, importance, Models based on the relationships of transacting parties (B2B, B2C, C2C, and
C2B) and transaction types: (Manufacture Model, Advertising Model, Value Chain Model, and Brokerage
Model). Electronic fund transfer; Automated Clearing House; Automated Ledger posting; Electronic Money
transfer E- Cheques, ATM and Tele-banking.
UNIT - II
Definition and Terminology
Concept of Internet, Internet Governance, E-Contract, E-Forms, Encryption, Data Security, Cyber Crime. Access,
Addressee, Adjudicating Officer, Affixing Digital Signatures, Appropriate Government, Certifying Authority,
Certification Practice Statement, Computer, Computer Network, Computer Resource, Computer System, Cyber
Appellate Tribunal, Data, Digital Signature, Electronic Form, Electronic Record, Information, Intermediary, Key
Pair, Originator, Public Key, Secure System, Verify, Subscriber as defined in the Information nTechnology Act,
2000.
UNIT - III
Regulatory Framework
Authentication of Electronic Records; Legal Recognition of Electronic Records; Legal Recognition of Digital
Signatures; Use of Electronic Records and Digital Signatures in Government and its Agencies; Retention of
Electronic Records; Attribution, Acknowledgement and Dispatch of Electronic Records; Secure Electronic
Records and Digital Signatures. Regulation of Certifying Authorities; Appointment and Functions of Controller;
License to issue Digital Signatures Certificate; Renewal of License; Controller’s Powers; Procedure to be
Followed by Certifying Authority; Issue, Suspension and Revocation of Digital Signatures Certificate, Duties of
Subscribers; Penalties and Adjudication; Appellate Tribunal; Offences
Reference Books:
1. Communication Device-Section 2(ha) of the Information Technology (Amendment) Act, 2008-‘State v
Mohd. Afzal and others (2003), VIIAD (Delhi) 1, 107(2003) DLT385, 2003(71) DRJ178, 2003(3)
JCC1669’
2. Computer Network-Section 2 (j) of the Information Technology (Amendment) Act, 2008 ‘Diebold
System Pvt Ltd. v The Commissioner of Commercial Taxes, (2006), 144 STC, 59 (Kar)’
3. Electronic Record Sec. 2 (t)-‘Dharambir v Central Bureau of Investigation 148 (2008) DLT 289’

4. Time and Place of Dispatch and Receipt of Electronic Record-section 13-‘P.R. Transport Agency v
Union of India & others, AIR 2006 All 23, 2006(1) AWC 504, ALL HC’; ‘Groff v America Online, Inc.,
1998 WL 307001 (1998)’
5. Penalty for Damage to Computer or Computer System- Section 43-‘Umashankar Sivasubramanian v
ICICI Bank, 18.04.2010. (Petition No. 2462/2008)’
6. Tampering with Computer Source Documents-Section 65-‘Syed Asifuddin and Ors.v The State of
Andhra Pradesh & Anr. 2006 (1) ALD Cri 96, 2005 CriLJ 4314’
7. Punishment for sending offensive messages-Sec. 66A-‘SMC Pneumatics (India) Pvt. Ltd v Jogesh
Kwatra”, Suit No. 1279/2001
8. Efraim Turban, Jae Lee, King, David, and HM Chung, Electronic Commerce-A managerial Perspective,
Pearson
9. Joseph, P.T., E-Commerce-An Indian Perspective, PHI
10. Chaffey, Dave, E-business and E-commerce Management, Pearson Education.
11. Painttal, D., Law of Information Technology, Taxmann Publications Pvt. Ltd., New Delhi.
12. Dietel, Harvey M., Dietel, Paul J., and Kate Steinbuhler., E-business and E-commerce for managers,
Pearson Education.
13. Brian, Craig, Cyber Law: The Law of the Internet and Information Technology, Pearson Education
14. Taxmann Publications Pvt. Ltd., New Delhi, Information Technology Rules 2000 &Cyber Regulations
Appellate Tribunal Rules 2000 with Information Technology Act 2000.
15. Sharma J. P, and Sunaina Kanojia, Cyber Laws, Ane Books Pvt Ltd, New Delhi.

CORPORATE REPORTING PRACTICES (CRP201)
UNIT – I
Conceptual Framework of Accounting and Reporting- Deductive and Inductive Approach in Theory Formulation-
Critical Theory of Accounting, Normative and Positive Theory of accounting- Income and Balance Sheet
concepts for financial reporting- Limitations of Accounting Reports
UNIT – II
GAAP and IFRS- Accounting standards in India-Procedure for Issue, Compliance, and status- Ethical
Consideration facing the accountants- Harmonization of Accounting standards
UNIT – III
Developments in Accounting Policies - Valuation of Inventories (AS-2) - Depreciation Policy (AS-6) -
Measurement and Reporting of revenues, expenses (AS-9)- Accounting for Investments (AS-13) - Valuation and
Revaluation of asset and liabilities [(AS-10, AS-26, AS-29)]
UNIT – IV
Corporate Reporting- Corporate Reporting: Objectives, Role of Reporting in economic development Statutory
and Non Statutory Reporting Financial Reporting of Interest in Joint Ventures (AS-27) Reporting of Financial
Performances- Cash Flow Statements (AS-3), Segment reporting (AS-17), Accounting for Earning per Share (AS-
20), Periodic and Interim Financial Reporting (AS-25) Recent developments in financial reporting: e-financial
reporting, Sustainability Reporting- International Dimensions of Reporting- Factors and Status
UNIT – V
Corporate Disclosure - Corporate Disclosure: Purpose, Type of Disclosure, Fair Disclosure and its objectives-
Determinants of the extent of Disclosure- Disclosure of Accounting Policies (AS-1) - Related Party Disclosure
(AS-18) - Voluntary Disclosure Theory - Environmental and Social Disclosure
REFERENCE BOOKS:
1. Das Gupta, N.:(2009) Accounting Standard: Indian & International (Sultan Chand, N. Delhi
2. ICAI.: Compendium of Statements & Standard Accounting (ICAI, Delhi)
3. ICAI‟S Relevant Publication.: www.icai.org
4. Ghosh, Goyale & Maheshwari.(2008): Accounting Theory (Wiley Eastern ,)
5. Heinemann, A.: ( 2006)Accounting Theory ( Prentice Hall,)
6. Lal Jawahar. ( 2007) Corporate Financial Reporting Theory and Practice (Taxman, New Delhi,)

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