CH. CHARAN SINGH UNIVERSITY, CAMPUS MEERUT ORDINANCE & SYLLABUS. BACHELOR OF COMMERCE (HONS) w.e.f Offered by

Transcription

1 CH. CHARAN SINGH UNIVERSITY, CAMPUS MEERUT ORDINANCE & SYLLABUS BACHELOR OF COMMERCE (HONS) w.e.f Offered by INSTITUTE OF BUSINESS STUDIES Ch Charan Singh University, Campus Meerut 1

2 STUDY AND EVALUTION SCHEME B.Com. (Hons.) Semester Pattern I-Semester/ 1 st Year Internal External Total Marks BCH 111 Financial Accounting BCH 112 Principles of Management BCH 113 Business Environment BCH 114 Business Mathematics II-Semester Total of 1 st Semester 400 BCH 121 Business Organizations BCH 122 Advanced Financial Accounting BCH 123 Business Entrepreneurship BCH 124 Business Statistics Total of 2 nd Semester 400 III Semester BCH 211 Business Regulatory Framework BCH 212 Business Economics BCH 213 Cost Accounting BCH 214 Specialized Accounts

3 BCH 215 Comprehensive Viva-Voice 100 Total of 3 rd Semester 500 IV Semester BCH 221 Principles of Insurance BCH 222 Income Tax Law and Accounts BCH 223 Company Law BCH 224 Human Resource Management Total of 4 th Semester 400 V-Semester BCH 311 Company Accounts BCH 312 Marketing & Communication Skills BCH 313 Business Finance BCH 314 Banking Law & Practice BCH 315 Project Based Viva-Voice VI Semester Total of 5 th Semester 500 BCH 321 GST and Other Indirect Taxes BCH 322 Auditing BCH 324 Elective Courses Elective Courses Total of 6 th Semester 400 Grand Total

4 Apart from the Core Courses, a student shall also study Two Courses of any one elective group are in the VI Semester from the list given below. A student will submit a project on their specialization. ELECTIVE GROUP Finance Internal External Total Marks BCHF 323 Financial Institutions and Services BCHF 324 International Financial Management Marketing BCHM 323 Advertising & Sales management BCHM 324 International Marketing Human Management BCH 323 Industrial Relation and Labor Laws BCHI 324 Organization design and change management Banking and Insurance BCHB 323 Indian Banking System BCHB 324 Insurance Law & Practice Entrepreneurship & Enterprise Promotion BCHE 323 NGO and Start up in India BCHE 324 Micro and Small Business Entrepreneurship

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6 COURSE OBJECTIVES: B.Com. (Hons.) Part-I Semester-I BCH 111: FINANCIAL ACCOUNTING 1. To provide comprehensive treatment of accounting principles, technique and practices. 2. To get the students acquainted with fundamental concepts and processes of accounting so that they are able to appreciate the nature of item presented in the annual accounts of an organization. UNIT-I: Definition of Accounting, Accounting- Principles, Concepts and Conventions, Journal, Cash Book, Subsidiary Books and Ledger, Capital Expenditure and Revenue Expenditure. UNIT-II: Trial Balance, Rectification of Errors, Final Accounts, Provisions and Reserves, Methods of Depreciation Fixed Installment Method and Diminishing Balance Method. UNIT-III : Concept of Partnership, Partnership Deed, Fixed and Fluctuating Capital Accounts, Valuation of Goodwill, Profit Sharing Ratio. Admission of Partners: Revaluation of Assets and Liabilities, Preparation of Profit and Loss Adjustment. Account and Balance -Sheet. UNIT-IV: Retirement and Death of Partners: Revaluation of Assets and Liabilities, Settlement of Accounts, Joint Life Policy and Annuities. UNIT-V: Dissolution of Firm, Preparation of Realization Account, Insolvency of Partner (s). SUGGESTED READINGS: 1) Maheshwari S.N & Maheshwari S K A text book of Accounting for Management (Vikas, 10th Edition) 2) Essentials of Financial Accountng (based on IFRS), Bhattacharya (PHI,3rd Ed) 3) Ramachandran Kakani- Financial Accounting for Management( TMH,3rd Edition). 6

7 BCH 112: PRINCIPLES OF MANAGEMENT COURSE OBJECTIVES: - The purpose of this course is to expose the student to the basic concepts of management in order to aid the student in understanding how an organization functions, and in understanding the complexity and wide variety of issues managers face in today s business firms. UNIT-I: Introduction: Concept, Nature, Functions and Significance of Management. Levels of Management. Henry Mintberg s Management Roles. Contributions of F.W. Taylor and Henri Fayol to Modern Management Thoughts. Conceptual Framework of Planning, Decision-making and Management by Objectives. UNIT-II: Organising : Concept, Process and Significance of Organisation. Types of Organisation Structure. Delegation of Authority. Centralisation and Decentralisation of Authority. Span of Management. Role of Positive Thinking in Organisations. UNIT-III: Staffing : Concept, Scope and Process of Staffing. Recruitment Meaning and Sources. Selection Process of Selection. Types of Interviews and Essentials of Successful Interview. Training Concept, Significance and Methods. UNIT-IV: Directing and Coordination : Meaning, Elements and Significance of Directing. Principles of Directing. Leadership : Concept, Significance and Types of Leaders. Style of Leadership. Coordination Concept and Techniques. Communication Concept, Process and Barriers to Communication. UNIT-V: Motivation and Control : Concept and Significance of Motivation. Types of Incentives. Theories of Motivation Abraham Maslow, Fredric Herzberg, Douglas McGregor and William Ouchi only. Controlling-Concept, Process and Techniques of Controlling. Significance of Self- Control. A Conceptual Framework of Morale. Suggestive readings: 1. L. M. Prasad- Principles and Practices of Management, Sulatn Chand & Sons, 7th edition, Koontz Harold & Weihrich Heinz Essentials of management (Tata Mc Graw Hill, 5th Edition,2008) 7

8 BCH 113: BUSINESS ENVIRONMENT COURSE OBJECTIVES: - The basic objective of the course is to develop understanding and provide knowledge about business environment to the management students. To promote basic understanding on the concepts of Business Environment and to enable them to realize the impact of environment on Business. UNIT-I: Introduction: Concept, Components and Significance of Business Environment. Economic Systems. A Brief Profile of Indian Financial System. UNIT-II: Economic Environment: Components of Economic Environment. Planning Machinery in India. Regional Imbalance Privatization, Devaluation. Trade Agreements Bilateral and Multilateral Agreement. UNIT-III: Industrial Environment: Role of Government in Business-Profile of Public Sector, Private Sector, Joint Sector and Co-operative Sector in India, Pattern of Industrial Development in India. UNIT-IV: Socio-Cultural Environment: Nature of Indian Society and Ethos, Social Interest, Institutions and Values vis-à-vis Industrial Development. Social Responsibility of Business. UNIT-V: International Environment: Concept and Rationale of Globalization of Indian Business, Foreign Capital Investment. Choice and Transfer of Technology and Problems of Debt Servicing in India. Important Provisions of FEMA, Multinationals and Indian Business. International Economic Institution WTO, UNCTAD, MOUs. Suggestive Readings: 1. Business Environment: Test and Cases, PAUL, Mc Graw Hill Education, 3rd Ed. 2. Business Environment ---Francis Cherunilam, Himalaya Publishing House 3. V. Neelamegam Business Envirnoment (Vrinda Publications, 2nd Edition) 8

9 BCH 114: BUSINESS MATHEMATICS COURSE OBJECTIVES:- To provide the basic knowledge of mathematical application in the business organization. Unit I: Arithmetic Progression: Concept of Sequence and Series; Meaning and Properties of Arithmetic Progression; Finding General Term; Sum and Means; Miscellaneous Problems of Arithmetic Progression. Unit II: Geometric Progression: Meaning and Properties of Geometric Progression; Finding General Term; Sum of Finite & Infinite Series; Means; Miscellaneous Problem of Geometric Progression. Unit III: Permutation and Combination: Meaning of Permutation and Combination; Fundamental Theorems of Permutation-Multiplication and Addition; Factorial Notation; Calculation of number of permutations and combinations of n different things taking r at a time; Miscellaneous Problems of Permutation and Combinations. Unit IV: Binomial Theorem: Meaning and its Expansion; Special Features of Expansion; Finding the Particular term, Middle term, Independent Term and Coefficient of a particular term for Positive Integral Index. Unit V: Calculus: Function; Limits; Differential Coefficient; Sum; Difference; Product; Quotient; Function of function and Integration (Excluding Trigonometrical and Hyperbolic Functions). Suggestive Readings: 1. Tuttle, Michael, D., (2008) Practical Business Math: An Applications Approach, 8th Edition, Prentice Hall. 2. Trivedi, ((2010)), Business Mathematics, 1 edition, Pearson Education. 9

10 IInd Semester BCH 121: BUSINESS ORGANISATION COURSE OBJECTIVES: - To understand the concept of business organizations, location values and other important aspect related sources. UNIT-I: Introduction: Concept, Features and Objectives of Business. Scope of Business- Meaning and Types of Industry; Meaning, Elements and Functions of Commerce. Functional Areas of Business. Concept of Business Organization. UNIT-II: Promotion of Business : Considerations in Establishing New Business. Qualities of a Successful Businessman. Forms of Business Organizations and their relative Merits and Demerits. Impact of Globalization on Business Organisations. Problems of Business Organisations in India. UNIT-III: Plant Location, Layout and Size : Factors Affecting Plant Location. Weber s and Sargent Florence s Theories of Location. Plant Layout Concept, Objectives, Types and Principles of Layout. Factors Affecting Layout. Size of Business Unit Criteria for Measuring the Size and Factors Affecting the Size. Optimum Size Concept and Various Optima. Economies and Diseconomies of Large Size. UNIT-IV: Business Combination and Rationalisation : Concept, Causes and Effects of Business Combination. Types and Forms of Business Combination. Rationalisation Meaning, Objectives and Principles, Advantages and Criticism of Rationalisation. Rationalisation vs. Scientific Management UNIT-V: Sources of Business Finance : Sources of Long Term, Medium Term and Short Term Business Finance. Stock Exchanges Meaning, Functions of Stock Exchanges, Produce Exchange Meaning and Functions. Suggestive Readings: 1. Jagdish Prakash, Business Organization 2. B. Jha, Business Organization. 3. Gupta C.B. Business organization & Mananement, Mayur Paper book(2011) 4. R.N. Gupta, Business organization and Management, Taxman Publication. 10

11 BCH 122: ADVANCED FINANCIAL ACCOUNTING COURSE OBJECTIVES: - To understand the application of bank reconciliation, share, debentures and understand the final account of a company. UNIT-I: Bills of Exchange and Bank Reconciliation Statement. UNIT-II : Concept of Company, Statutory Account Books, Types of Shares, Structure of Share Capital, Issue; Forfeiture and re-issue of Shares, Redemption of Preference Shares. UNIT-III: Meaning of Debenture, Kinds of Debentures, Issue of Debentures, and Methods of Redemption of Debenture. UNIT-IV: Acquisition of Business by a Company: Profit or Loss Prior to Incorporation, Issue of Bonus Shares and Right Shares. UNIT-V: Final Accounts of Companies as per the provisions of the Companies Act. 1956, Divisible Profits, Appropriation of Profit. Suggestive Readings: 1. Bhattacharyya, Asish K., (2010) Essentials of Financial Accounting, Prentice Hall of India. 2. Maheshwari, S.N. and Maheshwari, S. K., (2009) An Introduction to Accountancy, Eighth Edition, Vikas Publishing House. 11

12 BCH 123: BUSINESS ENTREPRENEURSHIP COURSE OBJECTIVE: - To understand the concept of entrepreneurship, how to promote/finance the new venture and how to manage the growth. UNIT-I: Introduction: Concept of Entrepreneur. Concept of Entrepreneurship. Function of Entrepreneurs. Types of Entrepreneurs. Economic System and Entrepreneurship. Government as an Entrepreneur. Theories of Entrepreneurship. Role and Importance of Entrepreneurship in Economic Development. UNIT-II: Entrepreneurial Behavior Domain: Behavioral Characteristics of Entrepreneurs. Entrepreneurs Born or Developed. Change, Innovation and Entrepreneurial Behavior. Entrepreneur Vs Manager. Entrepreneur Vs Entrepreneur. Ethics and Social Responsibility of Entrepreneur. UNIT-III: New Venture Promotion : Business and Types of Business Activities. Identifying and Developing New Business Idea Sources of Idea, Idea Generating Techniques and Idea Screening. Entrepreneurial Decision Process. Developing a Business Plan. UNIT-IV: Financing the New Venture : Financial Planning. Determining the Size of Capital Investment. Financial Needs and Sources of Finance Short Term, Medium Term and Long Term. Raising of Capital for Corporate Unit. Venture Capital. UNIT-V: Managing Growth and Expansion : Entrepreneur s Dilemma to Grow or Not to Grow. Change and the Why of Growth. Identifying Growth Possibility. Growth Options Capacity Enhancement and Expansion, Alliances and Cooperation, and mergers and Acquisition. Suggested Readings: 1. Lall &Sahai:Entreprenurship(Excel Books 2 edition) 2. Couger, C- Creativity and Innovation (IPP, 1999) 3. Kakkar D N - Enterpreneurship Development(Wiley Dreamtech) 4. A.K.Rai Entrepreneurship Development, (Vikas Publishing) 5. Sehgal & Chaturvedi-Entrepreneurship Development(UDH Publishing edition 2013) 6. R.V. Badi & N.V. Badi - Entrepreneurship (Vrinda Publications, 2nd Edition) 7. Holt - Entrepreneurship : New Venture Creation (Prentice-Hall) Barringer M J - Entrepreneurship (Prentice-Hall, 1999) 9. Nina Jacob, - Creativity in Organisations (Wheeler, 1998) 10. B.K. Singh, Entrepreneurship Theory & Principal 12

13 BCH 124: BUSINESS STATISTICS COURSE OBJECTIVES :- To compute and understand the measures of central tendency, symmetrical and asymmetrical distribution, patterns. Unit I : Descriptive Statistics Scope, functions and limitations of statistics, Measures of Central tendency Mean, Median, Mode, Percentiles, Quartiles, Measures of Dispersion Range, Interquartile range, Mean deviation, Mean Absolute deviation, Standard deviation, Variance, Coefficient of Variation. Measures of shape and relative location; Skewness and Kurtosis; Chebyshev's Theorem. Unit II Time Series & Index Number Time series analysis: Concept, Additive and Multiplicative models, Components of time series, Trend analysis: Least Square method - Linear and Non- Linear equations, Applications in business decision-making. Index Numbers:- Meaning, Types of index numbers, uses of index numbers, Construction of Price, Quantity and Volume indices:- Fixed base and Chain base methods. Unit III Correlation & Regression Analysis Correlation Analysis: Rank Method & Karl Pearson's Coefficient of Correlation and Properties of Correlation. Regression Analysis: Fitting of a Regression Line and Interpretation of Results, Properties of Regression Coefficients and Relationship between Regression and Correlation. Unit IV Probability Thoery & Distribution Probability: Theory of Probability, Addition and Multiplication Law, Baye s Theorm Probability Theoretical Distributions: Concept and application of Binomial; Poisson and Normal distributions. Unit V Estimation Theory & Hypothesis Testing Estimation Theory: Theory of Estimation, Point Estimation, Interval Estimation. Hypothesis Testing: Null and Alternative Hypotheses; Type I and Type II errors; Testing of Hypothesis: Large Sample Tests, Small Sample test, (t, F, Z Test and Chi Square Suggestive Reading: 1. Chandrasekaran & Umaparvathi-Statistics for Managers, 1st edition, PHI Learning 2. G C Beri Business Statistics, 3rd ed, TATA McGrawHill 3. S. C.Gupta Fundamentals of Statistics, Himalaya Publishing 7. Walpole Probability and Statistics for Scientists and Engineers, 8th ed., Pearson 13

14 IIIrd Semester BCH 211: BUSINESS REGULATORY FRAMEWORK COURSE OBJECTIVE: -The present course aims at familiarizing the participants with various legal aspects of business. It aims at providing a rich fund of contemporary knowledge, time tested principles, basic concepts, emerging ideas, evolving theories, latest technique, ever changing procedures & practices in the field of Law in a comprehensive way. UNIT I : The Indian Contract Act, 1872 Definition of a Contract and its essentials, Formation of a valid Contract - Offer and Acceptance, Consideration, Capacity to Contract, Free UNIT II - consent, Legality of object, Discharge of a Contract by performance, Impossibility and Frustration, Breach, Damages for breach of a contract, Quasi contracts. Special Contracts Contract of Indemnity and Guarantee, Contract of Bailment and Pledge, Contract of Agency. UNIT III The Indian Partnership Act, 1932 Definition of Partnership and its essentials, Rights and Duties of Partners: Types of Partners, Minor as a partner, Doctrine of Implied Authority, Registration of Firms, Dissolution of firms. Limited Liability Partnership Act, 2000 Incorporation by registration, Relationship of members, members as agents, ex- members, designated members, Cessation of trade by Limited liability partnership, Insolvency and winding up UNIT IV The Sale of Goods Act, 1930 Definition of a Contract of Sale, Conditions and Warranties, Passing of Property, Right of Unpaid Seller against the Goods, Remedies for Breach. The Negotiable Instrument Act, 1881 Definition and characteristics, Kinds of negotiable instruments, Promissory Note, Bill of Exchange and Cheques, Holder and Holder in due course, Negotiation, Presentment, Discharge from Liability, Noting and Protest, Presumption, Crossing of Cheques, Bouncing of Cheques. UNIT V : The Information Technology Act, 2000 Definition, Digital Signature, Electronic Governance, Attribution, Acknowledgment and Dispatch of Electronic Records, Sense Electronic Records and Sense Digital Signatures, Regulation of Certifying Authorities, Digital Signature Certificates, Duties of Subscribers, Penalties and Offences. Salient Feature of Consumer protection Act. Suggested Readings 1. Kuchhal M.C. - Business Law (Vikas Publication, 4 th Edition) 2. Gulshan S.S. - Business Law Including Company Law (Excel Books) 3. Avtar Singh - Principles of Mercantile Law (Eastern Book Company, 7 th Edition). 4. N.D Kapoor & Rajni Abbi-General Laws & Procedures (Sultan Chand & Sons) 5. Durga Das Basu- Constitution of India (Prentice Hall of India). 14

15 BCH 212: BUSINESS ECONOMICS COURSE OBJECTIVE:- The basic objective of this course is to make the students aware of the various economic issues that they are expected to face as managers at the corporate level and to equip them with the tools and techniques of economic analysis for improving their decision-making skills. UNIT I: Introduction: Nature, Scope and Significance of Business Economics; Role of Business Economist; Difference between Economics & Business Economics; Relationship of Business Economics with other branches of Knowledge, : Utility, Diminishing Marginal Utility and Equi- Marginal Utility theories ; Indifference Curve- Meaning, Properties and determination of Consumer s Equilibrium; Consumer s Surplus. UNIT II: Demand: Law of Demand; Elasticity of Demand- Concept and Measurement; Price, Income, Cross and Advertising Elasticity; Significance of Elasticity of Demand; Demand Forecasting: Concept, Objectives, Significance and Limitations; Methods of Demand Forecasting for Old and New Products; Criteria of Good Demand Forecasting System; Steps in Demand Forecasting. UNIT III: Production: Laws of Variable Proportion; Types of Costs, Cost Output Relationship in Shortrun and Long-run; Internal and External Economies & Diseconomies. UNIT IV: Market Structure & Pricing: Concept, Types of Markets; Perfect Competition- Characteristics, Price Determination under Perfect Competition, Monopoly- characteristics, Price Determination under Monopoly. Imperfect Market: Monopolistic Market- Characteristics, Price Determination under Monopolistic Competition; Oligopoly- Characteristics, Pricing Policy. UNIT V: Rent concept and modern theory Interest liquidity preference theory concept & types, of interest, Wages-Concept, Types, Factors, Theories; Determination of Wage Rates under Perfect Competition and Monopoly. Profit- Concepts, Nature, Gross & Net Profit, Normal & Abnormal Profit, Accounting & Economic Profit; Theories of Profit: Marginal Productivity Theory, Rent & Wage Theory, Risk & Uncertainty Theory and Modern Theory of Profit.Profit Policy and Measurement. Suggested Readings: 1. Dwivedi D.N. - Managerial Economics (Vikas Publication, 7th Edition) 3. Raj Kumar-Managerial Economics(UDH PUBLISHERS, 2013 edition) 5. Atmanand- Managerial Economics (Excel Books) 6. Keats- Managerial economics-6e (Prentice hall) 7. Vanita Agarawal-Managerial Economics-Pearson 8. M.L. Jhingan & J.K. Stephan - Managerial Economics (Vrinda Publications 2nd Edition) 15

16 BCH 213: COST ACCOUNTING COURSE OBJECTIVE:- The objective of this course is to expose the students to the applied aspect of accounting and making them familiar with the techniques of using Accounting information for decision making. Having been introduced to these techniques and having acquired the ability to understand accounting language, Unit I: Introduction: Concept of Cost, Classification of Cost Material, Labour & Overhead Cost; Costing and Cost Accounting; Need for and Importance of Cost Accounting; Cost Accounting Vs Financial Accounting; Methods of Costing; Limitations of Cost Accounting. Unit II: Material- Pricing the Issue of Material; Labour- Time Keeping, Time Booking, Idle Time and Labour Turnover; Overheads- Types of Overheads and Methods of Absorption of Overheads (Practical Problems on Machine Hour Rate only). Unit III: Unit Costing: Concept of and Need for Unit Costing; Preparation of Cost Sheet and Tender Price; break even Analysis Marginal Costing. Unit IV: Process Costing: Preparation of Process Accounts; Treatment of Normal and Abnormal Wastage; Treatment of Joint Product and By-product. Unit V: Contract Costing: Preparation of Contract Account, Determination of Profit on Completed and Uncompleted Contracts; Preparation of Work-in-progress Account and Balance Sheet. SUGGESTED READINGS: 1. Pandey I M - Management Accounting (Vikas, 2004, 3rd Ed.) 2. Vij-Management Accounting (Excel Books) 3. Balakrishnan _ Managerial Accounting (Wiley Dreamtech) 4. Alex Cost Accounting (Pearson) 5. Khan and Jain - Management Accounting (Tata McGraw-Hill, 2000) 6. Sinha- Accounting and Costing for Management (Excel Books) 16

17 BCH 214: SPECIALISED ACCOUNTS COURSE OBJECTIVES:- To provide the knowledge of specific accounts created separately for specific purpose. Unit I: Royalty Accounts: Mining, Patent and Copyright Royalties, Accounting for Hire Purchase and Installment System: Journal Entries and Ledger Accounts in the Books of Vendor and Purchaser. Unit II: Branch Accounts: Accounting in the books of Head Office- Branch Nominal Account Method and Final Account Method; Dependent, Independent and Foreign Branches, Unit III Departmental Accounts: Apportionment of Indirect Expenses; Trading and Profit & Loss Account; Inter-departmental Transfers. Unit IV Bank Accounts: Income recognition; Classification of Assets and Provisioning; Preparation of Balance Sheet and Profit & Loss Account, Insurance Accounts: Life Insurance- Preparation of Revenue Account and Balance Sheet; Ascertainment of Profit of Life Insurance Business; General Insurance- Preparation of Revenue Account, Profit and Loss Account, P&L Appropriation Account and Balance Sheet. Unit V: Government Accounting: Meaning and Characteristics; Fundamental Principles of Government Accounting; Commercial Vs Government Accounting; Comptroller and Auditor General of India, Human Resource Accounting: Meaning and Objectives; Methods and Models of Human Resource Accounting; HR Accounting Practices in India. Suggestive Readings: 1) Maheshwari S.N & Maheshwari S K A text book of Accounting for Management (Vikas, 10th Edition) 2) Essentials of Financial Accountng (based on IFRS), Bhattacharya (PHI, 3rd Ed) 3) Ramachandran Kakani- Financial Accounting for Management (TMH, 3rd Edition). BCH 2015 Viva Voice ( Subject Board) Comprehensive Via Vice. 17

18 IVth Semester BCH 221: Principles of Insurance COURSE OBJECTIVES: - To provide the basic knowledge of insurance and its kinds. Unit I: Introduction A Brief Outline of Insurance Companies in India with Special Reference to Life Insurance and General Insurance; Challenges and Problem in Enlarging Insurance Business in India; Present Position and Future Prospects of Rural Insurance in India; Elementary Knowledge of Bankassurance and Ombudsman. Unit II: Life Insurance Nature, Importance, Principles and Procedure of Life Insurance; Kinds of Life Insurance Policies; Policy Conditions; Main Features of Group Insurance and Annuity Contracts Unit III: Marine Insurance Meaning and Significance of Marine Insurance; Essential Characteristics of Marine Insurance Contract; Kinds of Marine Policies; Main Clauses in Marine Policies; Marine Losses. Unit IV: Fire Insurance Need for Fire Insurance; Basic Principles of Fire Insurance; Physical and Moral Hazards in Fire Insurance; Fire Protection and its Prevention; Types of Fire Insurance Policies; Fire Policy Conditions; Renewal, Assignment and Cancellation of a Fire Policy. Unit V: Miscellaneous Insurance Scope of Miscellaneous Insurance; Motor Insurance Importance and Basic Principles, Types of Polices; An Elementary Knowledge of Burglary, Cattle, Crop and Health Insurance. Suggestive Readings: 1. Neelam Gulati-Principles of Risk Management& Insurance (Excel Books) 2. Vaughan & Vaughan - Fundamentals of risk & Insurance (John Wiley & Sons, New York) 3. Srivastava D.C., Srivastava Shashank - Indian Insurance Industry Transition & Prospects (New Century Publications, Delhi) 4. Mishra M.N. - Insurance Principle & Practice (Sultan Chand & Company Ltd., New Delhi) 18

19 BCH 222: Income Tax Laws & Accounts COURSE OBJECTIVE :- To introduce the students with assessment of income tax. to exceed the knowledge in taxation accounts. Unit I: Important Definitions- Assessment Year, Previous Year, Person, Assesse, Income, Gross Total Income and Total Income, Residential Status and Tax Liability, Exempted Incomes. Unit II: Computation of Income under the Head-Salaries and Income from House Property. Unit III: Computation of Income under the Head-Profits and Gains from Business and Profession, Depreciation. Unit IV: Computation of Income under the Head-Capital Gains and Income from Other Sources, Deductions from Gross Total Income, Set off and Carry Forward of Losses. Unit V: Clubbing of Income,, Procedure of Assessment of Individual, Income Tax Authorities, Advance Payment of Tax and Deduction of Tax at Source. SUGGESTED READINGS: 1. S.K. Shukla, Income Tax Law and Accounts, Royal Publication Lucknow. 2. Prasad Bhagwati - Income Tax Law & Practice (Vishwa Prakashan) 3. Singhania V K - Direct Taxes, Law & Practice (Taxmann, 40th Ed.) 19

20 BCH 223: Company Law COURSE OBJECTIVES:- To provide the knowledge of company law and their amendments time to time. Unit I: Introduction: Historical Development of company Legislation in India. Salient Features of the Companies Act, The Present set-up of company Law Administration in India. Promoter: Concept, Functions and Legal Position. Registration of Companies and the Documents required in this regard. Unit II: Nature and Classification of Company: Meaning and characteristics of Companies. Classification of companies. Special Privileges of a Private Company. Conversion of a Private Company into a Public Company and vice-versa. Unit III: Memorandum, Articles and Prospectus: Nature and Clauses of Memorandum of Association. Alteration of Memorandum of Association. Articles of Association- Nature and Contents. Legal effect of Memorandum and Articles. Doctrine of Constructive Notice. Doctrine of Indoor Management. Prospectus- Meaning and Contents. Untrue and Mis-statements in Prospectus and their consequences. Unit IV: Membership and Management of Companies: Membership- Nature of Member. Methods of Acquisition and Termination of Membership. Directors- Meaning, Appointments, Legal Position, Qualifications and Disqualifications, Remuneration, Powers, Duties and Liabilities of Directors. Managing Director and Manager. Unit V: Borrowing Powers and Winding Up of Companies: Borrowing Powers of Companies. Charges- Meaning and Types of Charges. Winding Up- Meaning of Winding Up and Modes of Winding Up. Compulsory winding, Voluntary winding Up and Winding Up under the supervision of court. 1- Economic and commercial Law. Sangeet Kedia, Puja Publication Company. 2- K.V. Achalapathi Murti Raman Business Law. Taxman Publication. 3- Company Act Govt. of Indian Press. 20

21 BCH 224: HUMAN RESOURCE MANAGEMENT COURSE OBJECTIVES:- In this course the students will learn the basic concepts and frameworks of Human Resource Management (HRM) and understand the role that HRM has to play in effective business administration. It will provide an insight as to how to use Human Resource as a tool to implement strategies. UNIT I: Essentials of HRM: Nature of HRM, Scope, functions and importance of HRM, HRM vs.hrd, SHRM: Introduction, characteristics and scope of SHRM, SHRM vs. Conventional HRM, Barriers to strategic HRM, Linking HR strategy with business strategy, HRM linkage with TQM & productivity. UNIT II: Human Resource Planning and Employee Hiring : Nature of job Analysis, job design, Human Resource Planning, Demand forecasting for manpower planning, HR supply forecasting, factors influencing HRP, Employee hiring- Nature of Recruitment, Sources of recruitment, Employee selection, process of employee selection, recent trends in recruitment. UNIT III: Employee Training & Development: Nature and importance of Training, methods and types of training, career planning, promotion, transfer, demotion and separation, Performance Appraisal: Meaning and types of appraisal, Job Evaluation: Meaning and methods of job evaluation. UNIT IV: Compensation Management and Employee Relations: Introduction to compensation management, Components of employee and executive compensation, Factors affecting employee compensation, Employee incentive schemes, and recent trends in compensations management. Meaning and nature of employee relation and industrial relations. UNIT V: Employee Safety/ Health and International Human Resource Management: Basics of ethics and fair treatment at work, measures and policies for employee safety at work, basic principles governing International Human Resource Management and the role of culture. : Suggestive Readings: 1. V.S.P.Rao, Human Resource Management (Text and Cases) Himalaya Publications, Thirtienth Edition. 2. Durai Praveen, Human Resource Management Pearson Publication, 2nd Edition. 3. Gary Dessler and BijuVarkkeyH uman Resource Management, Person Publication, 2013, 14th Edition. 4. Seema Sanghi, Human Resource Management, Vikas Publlications, 2014, 5th Edition. 5. K. Aswathappa, Human Resource Management, McGraw Hill Education, 2013, 7 21

22 Vth Semester COURSE OBJECTIVES: BCH 311: Company Accounts To provide the detail knowledge of amalgamation and reconstruction of a company. The student will be ready to understand the holding and subsidiary accounts after study of this course. Unit I: Amalgamation and Absorption of Companies: Concept of Amalgamation and Absorption; AS 14 and Types of Amalgamation; Purchase Consideration; Accounting in the Books of Transferor Company; Accounting in the Books of Transferee Company. Unit II: Reconstruction of Companies: Concept of Reconstruction; Need for Reconstruction; Types of Reconstruction- External Reconstruction and Internal Reconstruction; Alteration in Share Capital; Reduction in Share Capital; Scheme of and Accounting for Internal Reconstruction. Unit III: Holding Company Accounts: Concept of Holding Company; Concept of Subsidiary Company; Provisions under Companies Act, 1956; Minority Interest; Cost of Control; AS 21 and Preparation of Consolidated Balance Sheet. Unit IV: Winding up of Companies: Concept of Winding up of Companies; Order of Payment; Preparation of Statement of Affairs; Preparation of Deficiency Account; Preparation of Liquidator s Final Statement of Account. Unit V: Accounting for Special Issues: Accounting for Bonus Share Issue; Accounting for Employee Stock Option Scheme; Accounting for Buyback of Equity Shares; AS 20 and EPS Calculation Suggested Reading- 1. S. M. Shukla - Company Account. 2. Jagdeesh prakash- Company Account 22

23 BCH-312: MARKETING & COMMUNICATION SKILLS COURSE OBJECTIVES:- Assess market opportunities by analyzing customers, competitors, collaborators, context, and the strengths and weaknesses of a company. Understand consumers requirements and their behaviors. Unit I: Introduction: Nature and scope of marketing, Evolution, Various marketing orientations, Core concepts of marketing, customer value and the value delivery process. Marketing challenges in the globalized economic scenario. Understanding Consumer Behavior: Buying motives, factors influencing buying behavior, buying habits, stages in consumer buying decision process, types of consumer buying decisions, Business buying and Business buying process Market Segmentation and PLC. Unit II: Product Decisions: Concept, product hierarchy, new product development, diffusion process, Product Life cycle, Product mix strategies and merchandise planning and strategies. Packaging / Labeling: Packaging as a marketing tool, requirement of good packaging, Role of labeling in packaging Pricing Decisions: Pricing concepts for establishing value, Pricing strategies-value based, Cost based, Market based, Competitor based, New product pricing Price Skimming & Penetration pricing Unit III: Place Decision: Meaning, Purpose, Channel alternatives, Factors affecting channel choice, Channel design and Channel management decisions, Channel conflict, Distribution system, Multilevel Marketing (Network Marketing) Advertising: Advertising Objectives, Advertising Budget, Advertising Copy, AIDA model, Advertising Agency Decisions, Public Relation: Meaning, Objectives, Types, Functions of Public Relations. Sales Promotion: Sales Promotion Mix, Kinds of promotion, Tools and Techniques of sales promotion, Push-pull strategies of promotion, Personal selling: Concept, Features, Functions, Steps/process involved in Personal Selling, Unit IV : EMPLOYMENT COMMUNICATION: Writing CVs & Application Letter, Group discussions, interview, types of interview, candidates preparation, Interviewers preparation; Impact of Technological Advancement on Business Communication; Communication networks, Intranet, Internet, teleconferencing, videoconferencing ORAL COMMINICATION: What is oral Communication, principles of successful oral communication, two sides of effective oral communication, effective listening, non verbal communication, Body language, UNIT V : CORPORATE COMMUNICATION :Definition, scope, importance & components of corporate communication, professional communicator responsibilities, corporate communication & Public Relation, role of social media in communication. : PRESENTATION SKILLS: What is a presentation: elements of presentation, designing a presentation, advanced visual support for business presentation, types of visual aid, appearance & posture, practicing delivery presentation Suggestive Readings: 1) Marketing Management: A South Asian Perspective - Kotler, Keller, Kevin 15/e, Pearson Education,

24 2) Marketing Management - Ramaswamy V. S. &Namakumar S, 5/e, McGrawHill Education Publishers, ) Marketing Management - Tapan Panda, 5/e, Excel Publication, Lesikar RV & Pettit Jr. JD Basic Business Communication: Theory & Application (Tata Mc Grow Hill, 10th Edition). 5. Bisen & Priya Business Communication (New Age International Publication) 6. Kalkar,Suryavanshi,Sengupta-Business Communication(Orient Blackswan) 7.Trilochan Sharma, Business Communication, 24

25 BCH 313: BUSINESS FINANCE Unit I: Introduction: Concept of Business Finance; Traditional and Modern Views; Scope and Functions of Finance; Objectives of Managing Finance- Profit Maximization and Wealth Maximization, significance of business finance. Unit II: Financial Planning: Concept of Financial Plan and Planning; Components of Financial Plan; Process of Financial Planning; Characteristics of Sound Financial Plan; Need for and Importance of Financial Planning; Limitations of Financial Planning preparation of funds flow and cash flow statement. Unit III: Capitalisation: Concept of Capitalisation; Theories of Capitalisation- Cost Theory and Earnings Theory; Fixed and Working Capital; Over Capitalisation- Causes, Impact and Remedies; Under Capitalisation- Causes, Impact and Remedies Trading of Equity. Unit IV: Long Term Capital: Sources of Long term Capital- Equity Share Capital, Retained Earnings, Preference Share Capital, Debentures and Term Loans; Raising Equity Capital- Initial Public Offering, Rights Issue, Private Placement Ratio Analysis- Introduction and Limitation. Unit V: Working Capital: Concept of Working Capital; Components of Working Capital; Factors Determining Working Capital Requirements;Cash Management, Inventory Management, Receivable Management. Books- 1- H.K. Singh and Sankalp Srivastav, Business Finance, Prayag Prakash Bhawan Allahabad 2- M.Y. Khan and P.K. Jain, Financial Management. 3- R.M. Srivastava, Financial Management. 25

26 BCH 314: Banking Law and Practice COURSE OBJECTIVE To acquire the knowledge of banking laws framed amended and passed time to time. Prepare the general understanding about banking legislation. Unit I: Banks and Banking Enactments: Definition, Function and Nature of Banking, Banking System of India, Nationalisation of Banks. Unit II: Banking Legislation in India: The Banking Regulation Act, RBI Act, SBI Act, The Banking Companies (Acquisition & Transfer Of undertakings) Acts 1970,1980. Unit III: Other Banking Legislation: RRB Act 1976, NABARD Act, Export Import Bank Act. Unit IV: Law Relating to Negotiable Instruments: Introduction, Parties to a Negotiable Instrument, Negotiation Discharge of Parties, Liability of Banker. Unit V: Employment of Bank s Funds: Banks and Liquidity, Loans and Advances, Purchase/Discounting of Bills of Exchange, Contracts of Indemnity and Guarantee, Term Loans, Agriculture Finance. Suggestive Readings: 1- Varshney P.N. Banking Law and Practice Sultan Chand Publication, New Delhi 2- Kandasamy P.S., Banking Law and Practice, Sultan Chand Publication. BCH 315- PROJECT BASED VIVA VIOCE 26

27 VI Semester BCH 321: G.S.T. and Other Indirect Taxes COURSE OBJECTIVES:- To acquire the knowledge of indirect taxes specifically goods and service tax a new tax system introduced by the Modi Govt. Unit I : Introduction to Indirect Taxes: Meaning, Characteristics and Features of Indirect Tax, Advantages and Disadvantages of Indirect Tax, Brief history of indirect tax, Constitution of India and Indirect Tax, Types of Indirect Taxes- A brief introduction of Central Excise Act, 1944, Customs Duty Act,1962, Unit II : Goods and service Tax Act: Important Definitions, Inter-State Sale, Sales Tax Liability, Declared Goods, Procedure of Registration, Computation of Tax, Procedure of Assessment, Penalties and Prosecution. Unit III : Implementation procedure of GST: Provisions for state government, Distribution of Revenue between State and central government, overall effect of GST. Unit IV : Trade Tax Act. - Petroleum Product, Liquor Product. Unit V : Customs Duty Act,1962: Important Definitions, Prohibition of Importation and Exportation of Goods, Valuation for Customs Duty, Import-Export Procedure, Export Promotion Schemes, Customs Duty Authorities and their Powers, Penalties and Prosecutions. 0Suggestive Readings: 1- S.K. Shukla, Indirect Tax Law and Accounts, Royal Publication Lucknow. 27

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29 BCH 322: AUDITING COURSE OBJECTIVE- To provide the knowledge of Bank function Auditing to prepare the students for verification and valuation of Assets and to maintain the report Unit I: Introduction: Definition and Objectives of Auditing, Classification of Audit, Preparation Before the Commencement of New Audit, Audit Note Book and Audit Working Papers, Basic Principles Governing an Audit. Unit II: Vouching: Concept, Objectives and Importance of Vouching, Vouchers and Points to be Noted Therein, Vouching of Cash Receipts and Cash Payment Transactions, Vouching of Purchase Book and Purchase Return Book, Sales Book and Sales Return Book. Unit III: Verification and Valuation of Assets: Meaning, Rationale, General Principles of Verification and Valuation, Distinction Between Verification and Valuation, Auditor s Position as Regards Valuation of Assets, Verification and Valuation of Fixed Assets, Current Assets and Investments. Unit IV: Company Auditor: Appointment, Qualifications, Disqualifications, Remuneration and Removal of a Company Auditor, Rights, Duties and Liabilities of an Auditor Legal Provisions under the Companies Act and under the Decisions of Legal Cases. Unit V: Audit Report: Meaning, Scope, Contents and Importance of Audit Report, Essentials of Good Audit Report, Types of Audit Report, Audit Report and Audit Certificate, Consideration for making Qualification in Audit Reports, Specimen of Audit Reports. Suggestive Readings: 1. I. Nagrajan, S. Meena Kumari, Fundamental of Auditing, APH Publication corporation 2. Kumar Ravindra, Sharma Virendra, Principal and Practice of Auditing PHI Learning Addition. 3. Novahg, R. Martina Auditing theory and practice, Oxford Boo Company. 4. Jagdish Prakash, Auditing Pricipal and Practice Kalyani Publication 5. T.R. Sharma. Auditing, Sahitya Bhawan Publication. 29

30 ELECTIVE GROUPS THE STUDENT WILL CHOOSE ONE GROUP FROM THE FOLLOWINGS. FINANCE BCHE-323- INTERNATIONAL FINANCIAL MANAGEMENT COURSE OBJECTIVES: - To introduce the environment of international finance and its implications on international business. To analyze the nature and functioning of foreign exchange markets, determination of exchange rates and interest rates and their forecasting. To explore the sources of long term finance and design financial strategies. To integrate the global developments with the changing business environment in India. Unit I : Financial Management in a Global perspective, European Monetary Union Euro, International Flow of Funds Balance of Payments (BOP) and Balance of Trade (BOT), Exchange Rate Determination. Unit II: Parity conditions in International Finance: Purchasing Power Parity Theory, Interest Rate Parity Theory, Fischer Effect, and Currency Forecasting. Unit III: International Sources of Finance for the Firm: Bond Financing (Fixed and Floating Rate Notes), Loan Financing (Syndicates Loans), Securitised Financing (Euronote), Equity Financing (GDR and ADR), and Features of Loan Agreements: Loan Negotiations. Unit IV : Foreign Exchange Market, Real and Effective Exchange Rate, Foreign Exchange Market in India, Convertibility Debate, Foreign Exchange Risk Management Techniques and Strategies, Conceptual Overview, Nature of Exposure (Economic, Transaction, Translation), Hedging and Speculation Unit V: Foreign Direct Investment (FDI) Concept, Objective, FDI in India, American Depository Receipts (ADRs), Global Depository Receipts (GDRs) and European Depository Receipts (EDRs). Suggested Reading: 1. Apte P G, International Finance, McGraw Hill Education 2. Kevin S, Fundamentals of International Finance, PHI Learning 30

31 BCHF 324: Financial Institutions and Services COURSE OBJECTIVE:- The present course aims at familiarizing the participants with objectives, strategies, policies and practices of major financial institutions in India and various financial services. Unit I : Financial System and Markets: Constituents and functioning; RBI Role and functions. Regulation of money and credit, Monetary and fiscal policies, Techniques of regulation and rates; Overview of Foreign Exchange Market, Financial Sector Reforms in India, Overview of Financial Services: nature, scope and importance etc. Unit II : Banking Industry in India, constituents, banking sector reforms, determination of commercial interest rates: fixed and floating, Management of capital funds- capital adequacy norms, Liquidity Management, Asset Liability Management - Gap analysis, Management of Non- performing assets, Strategies for making commercial banks viable. Unit III : Securitization : concept, nature, scope and their implications. Securitization of Auto loans and housing loans, Securitization in India. DFIs in India - IDBI, ICICI, IFCI, NABARD, RRBs, State Level Institutions ; NBFCs - Their status, types, working and strategies for commercial viability ; Insurance organizations - Their status, types, working and strategies for commercial viability. Unit IV : Leasing and Hire Purchase: Industry. Size and scope. Parties involved, Evaluation of Lease transaction, Types of lease and their implications, Hire purchase and lease - differences and implications for the business. Other financial services: Factoring, Forfeiting, Discounting and Re Discounting Of Bills, Consumer Credit and Plastic Money concept, working and uses of each. Unit V Concept,Types,Significance of Mutual Funds, NAV, Evolution & Growth of Mutual Funds, Role of Registrar, Underwriter according to SEBI guidelines. SUGGESTED READINGS: 1) Fabozzi - Foundations of Financial Markets and Institutions (Pretice hall, 3rd Ed.) 2)Parameswaran- Fundamentals of Financial Instruments (Wiley India) 3) Khan M Y - Financial Services (Tata Mc Graw Hill, 1998) 4) Machiraju H R - Indian Financial System (Vikas, 2004) 5) Bhole L M - Financial Institutions and Markets (Tata McGraw-Hill, 3rd edition, 2003) 6) Srivastava,R.M & Nigam Divya - Management of Financial Institutions (Himalaya, 2003) 7) Gurusamy R - Financial Services & Markets (Thomson, 1st Ed.) 31

32 MARKETING BCHM 323: Advertising & sales Management Unit I: Concept, Objectives and Functions of Sales Management. Importance and Limitations of Sales Management. Nature, Scope and Importance of Salesmanship. Classification of Salesmanship. Selling Process. Theories of selling. Unit II: Nature of Sales Management position. Functions and qualities of sales executives. Sales Organisation- Purpose and types of Sales Organisation. Steps involved in setting up Sales Organisation. Factors determining the size of Sales Organisation. Unit III: Sales Force Management: Concept and functions of Salesman. Kinds of salesman. Essential qualities of a successful salesman. Recruitment and Selection of salesman. Salesman s Trainingobjectives and methods of salesman training. Unit IV: Compensating Salesman-Elements of an Ideal Compensation plan. Methods of Compensation. Motivation to salesman. Controlling sales personnel, Evaluation and Supervision. Unit V: Advertising- Concept, Objectives and Classification. Advertising Media important media and their merits and demerits. Advertising Budget: Factors determining size of advertising budget, Methods of determining Advertising Budget. Creation of advertisement- concept, feature, and classification of advertising appeal; advertising copy and layout. Role of advertising agency. Suggestive Readings: 1. Donaldson B- Sales Management: Theory and Practice (Palgave). 2. Jobber Devid and Lancaster Geoff Selling and sales management. 32

33 BCHM 324: International Marketing COURSE OBJECTIVES:- This paper deals with a broad conceptual focus on the marketing management problems, techniques and strategies necessary to incorporate the marketing concept into the framework of the world market place. The present course explores those aspects of marketing which are unique to international business Unit I : Introduction, Importance and Challenges Nature, Importance and scope of International Marketing, Domestic marketing vs. International marketing, International marketing management process an overview, influence of physical, economic, socio-cultural, political and legal environments on International marketing information, scanning and monitoring global marketing environment; international marketing information system. Unit II : International market segmentation, positioning, Analysis of world market, market analysis, international marketing research, screening and selection of markets, International market entry Export, Licensing, Franchise, Joint Venture, Multinational operations, contract manufacturing Unit III International Product Policies Major product decisions product features and quality, product design, labeling, packaging, branding and product support services; strategies in multinational product planning, international product life cycle, New product development, International Trade Unit Unit IV : International Pricing Decisions international Price determination, price escalation, international pricing process and policies, delivery terms and currency for export price quotations, international transfer pricing, methods of determining transfer pricing, Differential Pricing Unit V: International marketing communication communication with foreign buyers, planning and preparing, international promotion programme, Media structure, planning media strategy, corporate advertising. SUGGESTED READINGS: 1) Nargundkar- InternationalMarketing (Excel Books 3) Cateora Graham - International Marketing (TMH, 10th Ed.) 5) Cherunilam F - International Trade and Export Management (Himalaya, 2007) 6) Varshney R.L, Bhattacharya B - International Marketing Management (Sultan Chand & Sons, 9th Ed.) 7) Jain S. International Marketing (Thomson) 33

34 Human Management BCHI 323: Industrial Relations and Labor Laws COURSE OBJECTIVE: - The Course intends to educate and create awareness among the participants about various aspects of Industrial Relations and thus equip them to handle this delicate subject with maturity, objectivity and understandings. UNIT I Overview of Industrial Relations : Concept of Industrial Relations; Nature of Industrial Relations; Objectives of IR; Evolution of IR in India ; Role of State; Trade Union; Employers Organization; ILO in IR. UNIT II Trade Unionism : Trade Union : origin and growth, unions after independence, unions in the era of liberalization; concept, objectives, functions and role of Trade Unions in collective bargaining; problems of Trade Unions, Trade Union Act, UNIT III Labour problems : Discipline and misconduct; Grievance Handling Procedure; Labour turnover; Absenteeism; Workers participation in management. UNIT IV Technological Change in IR-Employment issues, Management Strategy, Trade Union Response, Human Resource Management and IR- Management Approaches, Integrative Approaches to HRM; International Dimensions of IR Unit II:.Industrial Disputes Act 1948, Salient Features of Factories Act, 1948; Payment of Wages Act, 1936; Minimum Wages Act, 1948 Suggested Readings: 1. Mamoria CB, Mamoria, Gankar - Dynamics of Industrial Relations (Himalayan Publications, 15th Ed.) 2. Singh B.D. - Industrial Relations & Labour Laws (Excel, 1st Ed.) 3. Kogent - Industrial Relations & Labour Laws (Wiley Dreamtech) 4. Srivastava SC - Industrial Relations and Labour Laws (Vikas, 2000, 4th Ed.) 34