BACHELOR OF COMMERCE PART - I

(B.COM. PART – I)

SYLLABUS

SCHOOL OF COMMERCE & MANAGEMENT

ISBM UNIVERSITY
VILLAGE – NAWAPARA (KOSMI),
TEHSIL – CHHURA, DIST - GARIYABAND,
CHHATTISGARH, PIN – 493996.
CONTACT US: +91 9373199999
E-mail: info@isbmuniversity.edu.in
 BACHELOR OF COMMERCE (B.COM.)
FIRST YEAR
SCHEME OF EXAMINATION

(Each student has to take 1 Environment Studies Course + 2 Foundation Courses + 3 Compulsory Groups (2
courses each) + 1 Computer Course)

Minimum
S. Subject
Subject External Internal Total Passing Credit
No. Code
Marks

BCOM Environmental
1 70 30 100 35 2
10101 Studies
BCOM
2 Hindi Language 70 30 100 35 2
10102 Foundation
BCOM Course English
3 70 30 100 35 2
10103 Language
BCOM Financial
4 Compulsory Accounting 70 30 100 35 2
10104
Group - I:
BCOM Accounting Business
5 70 30 100 35 2
10105 Mathematics
BCOM Business
6 Compulsory 70 30 100 35 2
10106 Communication
Group - II:
Business Business
BCOM
7 Management Regulatory 70 30 100 35 2
10107
Framework
BCOM Business
8 Compulsory 70 30 100 35 2
10108 Environment
Group - III:
Applied Principles of
BCOM
9 Economics Micro 70 30 100 35 2
10109
Economics
Computer
BCOM Fundamentals
10 70 30 100 35 2
10110 and Office
Automation
Total (1 Environmental Studies Course + 2
Foundation Courses + 3 Compulsory Groups (2 1000 20
courses each) + 1 Computer Course)
 ENVIRONMENTAL STUDIES AND HUMAN RIGHTS [BCOM 10101]
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OBJECTIVE: This course will make students aware about the environment, its sustainability and human rights.
UNIT-I: The Multidisciplinary Nature of Environmental Studies
Definition, Scope and Importance
Natural Resources: Renewable and Nonrenewable Resources
a) Forest resources: Use and over-exploitation, deforestation, Timber extraction, mining, dams
and their effects on forests and tribal people and relevant forest Act.
b) Water resources: Use and over-utilization of surface and ground water, floods drought,
conflicts over water, Dam – benefits, problems, and relevant Act.
c) Mineral resources: Use and exploitation, environmental effects of extracting and using mineral
resources.
d) Food resources: World food problems, changes caused by agriculture and overgrazing, effects
of modern agriculture, fertilizer-pesticide problems, water logging, salinity.
e) Energy resources: Growing energy needs, renewable and non-renewable energy sources, use
of alternate energy sources.
f) Land resources: Land as a resource, land degradation, man induced landslides soil erosion and
desertification.
UNIT-II: Ecosystem
a) Concept, Structure and Function of an ecosystem
- Introduction, Types, Characteristics Features
- Producers, consumers and decomposers.
- Energy flow in the ecosystem
- Ecological succession
- Food chains, food webs and ecological pyramids
- Structure and Function of Forest, Grass and Desert in Ecosystem
b) Biodiversity and its Conservation
- Introduction - Definition: genetic. species and ecosystem diversity
- Bio-geographical classification of India.
- Value of biodiversity: Consumptive use. Productive use, social ethics, aesthetic and option
values.
- Biodiversity at global, National and local levels.
- India as mega-diversity nation.
- Hot spots of biodiversity.
- Threats to biodiversity: habitat loss, poaching of wildlife, man-wild life conflict, Endangered
species of India.
- Conservation of biodiversity: In situ and Ex-situ conservation of biodiversity.
UNIT-III: Pollution and Environmental Management
a) Causes, effect and control measures of:
- Air water, soil, marine, noise, nuclear pollution and Human population.
- Solid waste management: Causes, effects and control measures of urban and industrial
wastes.
- Role of an individual in prevention of pollution.
 - Disaster Management: floods, earthquake, cyclone and landslides.
b) Environmental Management
- From Unsustainable to sustainable development.
- Urban problem related to energy.
- Water conservation, rain water harvesting, watershed management.
- Resettlement and rehabilitation of people, its problems and concerns.
- Environmental ethics: Issues and possible solutions.
- Climate change, global warming, acid rain, ozone layer depletion, nuclear accidents and
holocaust.
- Wasteland reclamation
- Environment protection Act: Issues and involved in enforcement of environmental
legislation.
- Role of information Technology in Environment and Human Health.
UNIT-IV: Human Rights and Fundamental Rights
a) General back ground and historical perspective – Historical development and concept of
Human Rights, Meaning and definition of Human Rights Kind and Classification of Human
Rights.
b) Protection of Human Rights under the UNO Charter, protection of Human Rights Under the
Universal Declaration of Human Rights, 1948.
c) Convention on the Elimination of all forms of Discrimination against women. Convention on
the Rights of the Child, 1989.
d) Impact of Human Rights norms in India, Human Rights under the Constitution of India,
e) Fundamental Rights under the Constitution of India, Directive Principles of State policy under
the Constitution of India, Enforcement of Human Rights in India.
UNIT-V: Protection and Fundamental Duties
a) Protection of Human Rights under the Human Rights Act, 1993- National Human Rights
Commission, State Human Rights Commission and Human Rights court in India.
b) Fundamental Duties under the Constitution of India.
Suggested Readings:
1. Kapoor S.K.: Human Rights under International Law and Indian Law, Central Law Agency, Allahabad.
2. Agrawal H.O.: International Law and Human Rights, Central Law Publications, Allahabad.
3. Pandey J.N.: Constitutional Law of India, Central Law Agency, Allahabad.
4. Agarwal K.C.: Environmental Biology, Nidhi Publications Ltd., Bikaner.
5. Bharucha Erach: The Biodiversity of India, Mapin Publications Ltd. Ahmadabad. Email: mapin@icenet.net.
6. Bruinner R.C.: Hazardous Waste Incineration, McGraw Hill Inc., New York.
7. Clark R.S.: Marine Pollution, Clanderson Press, Oxford.
8. Dr. A.K.: Environmental Chemistry, Wiley Eastern Ltd., New Delhi.
9. Down to Earth, Center for Science and Environment.
10. Gloick H.P.: Water in Crisis. Pacific Institute for Studies in Development, Environment & Security.
Stockholm Eng. Institute, Oxford University Press, New Delhi.
11. Hawkins R.E.: Encyclopedia of Indian, Natural History, Bombay Natural History Society, Mumbai.
12. Heywood, V.H. & Watson, T.T.: Global Biodiversity Assessment, Cambridge University Press, New
Delhi.
13. Jadhav H. & Bhosale, V.H.: Environmental Protection and Law, Himalaya Publication House, Delhi.
14. Mckinney M.L. & School R.M: Environmental Science Systems & Solutions, Web Enhanced
Edition.
15. Mhadkar A.K.: Matter Hazardous, Techno-Science Publication.
16. Miller T.G.Jr.: Environment Science, Wadsworth Publication Co, CA.
17. Odum E.P.: Fundamentals of Ecology, W.B. Saunders Co., USA.
18. Rao M.N. & Datta, A.K.: Waste water treatment, Oxford & IBH Publications Co. (P) Ltd., New Delhi.
19. Sharma B.K.: Environmental Chemistry, Goel Publication House, Meerut.
20. Townsend C. Harper J. And Michael Begon: Essentials of Ecology, Blackwell Science, Oxford
 21. Trivedi R.K.: Handbook of Environment Laws, Rules, Guidelines, Compliances and Standards,
Vol I and II, Environment Media, BPB Publications, New Delhi.
22. Trivedi R.K. and P.K. Goel: Introduction to Air Pollution, Techno-Science Publication.
23. Wanger K.D.: Environmental Management, W.B. Saunders Co. Philadelphia.
24. Surana N.M.: Environmental Studies, SBPD Publishing House, Agra.

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ENGLISH LANGUAGE [BCOM 10103]
OBJECTIVE: This course makes students familiar with the Basic English required in the business.
UNIT-I: Basic Language skills: Grammar and Usage. Grammar and Vocabulary based on the prescribed
text.
UNIT-II: Comprehension of an unseen passage
This should simply not only
(a) An understanding of the passage in question, but also
(b) A grasp of general language skills and issues with reference to words and usage within the
passage and
(c) The power of short independent composition based on themes and issues rose in the passage.
UNIT-III: Composition: Paragraph writing
UNIT-IV: Letter writing - The formal and one Informal
UNIT-V: Texts: Short prose pieces (Fiction and not fiction) short poems, the pieces should cover a range of
authors, subjects and contexts. With poetry if may sometimes be advisable to include pieces from
earlier periods, which are often simpler than modern examples. In all cases, the language should be
accessible (with a minimum of explanation and reference to standard dictionaries) to the general
body of students schooled in the medium of an Indian language.
Students should be able to grasp the contents of each piece; explain specific words, phrases and
allusions; and comment on general points of narrative or argument. Formal Principles of Literary
criticism should not be taken up at this stage.
Suggested Readings:
1. English Language and Indian Culture - Published by M.P. Hindi Granth Academy, Bhopal.
 COMPULSORY GROUP - I: ACCOUNTING

FINANACIAL ACCOUNTING [BCOM 10104]

OBJECTIVE: This course imparts basic accounting knowledge as applicable to business.
UNIT-I: Meaning and Scope of Accounting: Need, development, and definition, objectives of accounting,
difference between Book-keeping and accounting; Branches of accounting; Accounting Principles,
Accounting Standard: International accounting Standard only outlines, Accounting standard in India.
Accounting Transaction: Accounting cycles Journal Rules of debit & Credit, Compound Journal
Entry opening Entry Relationship between Journal & ledger.
Capital & Revenue: Classification of Income & Expenditure and Receipt.
UNIT-II: Trial Balance
Final accounts: Manufacturing Account, Trading Account, Profit and Loss Account, Balance Sheet,
Adjustment Entries.
Rectification of Errors: Classification of errors; Location of errors; Rectification of errors; Suspense
account; Effect on profit.
UNIT-III: Depreciation: Concept of depreciation, Causes of depreciation, Depreciation, depletion amortization,
Depreciation accounting, Methods of recording depreciation, Methods for providing depreciation,
Depreciation of different assets, Depreciation of replacement cost, Depreciation policy as per Indian
accounting Standard.
Provisions and Reserves.
Accounts of Non-Trading Institutions.
UNIT-IV: Special Accounting Areas:
Branch Accounts: Dependent Branch, Debtors System, Stock and Debtor System.
Hire-purchase and Installment Purchase System: Meaning of hire-purchase contract, Legal provision
regarding hire-purchase contract, Accounting records for goods of substantial sale values and
accounting records for goods of small values; Installment purchase system; After sales service.
UNIT-V: (a) Partnership Accounts: Essential characteristics of partnership, Partnership deed, Final accounts,
Adjustments after closing the accounts, Fixed and fluctuating capital, Goodwill (AS-10), Joint Life
Policy, Change in Profit Sharing Ratio.
(b) Reconstitution of a partnership firm - Admission of a partner, Retirement of a partner, and Death
of a partner.
(c) Dissolution of a firm, Modes of dissolution of a firm, Accounting entries, Insolvency of
partnership firm & partners distribution.
Suggested Readings:
1. Anthony, R.N. and Reece, J.S.: Accounting Principles, Richard Irwin Inc.,Illinois.
2. Gupta, R.L. and Radhaswamy, M: Financial Accounting, Sultan Chand and Sons, New Delhi.
3. Monga J.R., Ahuja Girish and Sehgal Ashok: Financial Accounting, Mayur Paper Back, Noida.
4. Shukla. M.C., Grewal T.S., and Gupta S.C.: Advanced Accounts, S.Chand & Co., New Delhi.
5. Compendium of Statement and Standards of Accounting: The Institute of Chartered Accountants of India,
New Delhi.
6. Agrawal A.N. and Agrawala K.N.: Higher Sciences of Accountancy, Kitab Mahal, Allahabad.
7. Khanuja S.S., Karim A and Mehta P: Financial Accounting, SBPD Publishing House, Agra.

BUSINESS MATHEMATICS [BCOM 10105]

OBJECTIVE: This course enables the students to have such minimum knowledge of mathematics as is
applicable to business and economic situations.
UNIT-I: Simultaneous Equations, Theory of Indices and logarithms.
UNIT-II: Matrices: Definition of a matrix, Types of matrices Algebra of matrices, Adjoint of a matrix,
elementary row or column operations; Finding inverse of a matrix through adjoint and elementary
row or column operations; Solution of a system of linear equations having unique solution and
involving not more than three variables.
 Determinants: Properties of determinants, Calculation of values of determinants up to third order.
UNIT-III: Linear Programming-Formulation of LPP: Graphical method of solution, Problems relating to two
variables including the case of mixed constraints, Cases having no solution, multiple solutions,
unbounded solution and redundant constraints.
Ratio & Proportion.
UNIT-IV: Simple Interest and Compound interest: certain different types of interest rates.
Annuities: Concept of present value and amount of a sum, Types of annuities, Present value and
amount of an annuity, including the case of continuous compounding, Valuation of simple loans and
debentures, Problems relating to sinking funds.
UNIT-V: Averages, Percentages, Commission Brokerage, Profit and loss.
Suggested Readings:
1. Business Mathematics: Dr. S.M. Shukla, Sahitya Bhawan Publications, Agra.
2. Saha Suranjan: Practical Business Mathematics and Statistics, Tata McGraw Hill Publishing Co. Ltd. New
Delhi.
3. Gupta B.N. & Agrawal S.K.: Business Mathematics, Sahitya Bhawan Publication, Agra.
4. M. Raghavachari: Mathematics for Management – An Introduction, Tata McGraw Hill Publishing Co.
Ltd., New Delhi.
5. Karim A. and Agarwal R: Business Mathematics, SBPD Publishing House, Agra.

COMPULSORY GROUP - II: BUSINESS MANAGEMENT

BUSINESS COMMUNICATION [BCOM 10106]

OBJECTIVE: This course develops effective business communication skills among the students.
UNIT-I: Introducing Business Communication: Definitions, concept and significance of communication,
Basic forms of communicating; Communication models and process principles of effective
communication; Theories of communication; Audience analysis.
Self-Development and Communication: Development of positive personal attitudes, SWOT analysis;
Vote's model of interdependence; Whole communication.
UNIT-II: Corporate Communication: Formal and informal communication networks; Grapevine;
Miscommunication (Barriers); Improving communication.
Practices in business communication: Group discussions; Mock interviews; Seminars; Effective
listening exercises; Individual and group presentations and reports writing.
UNIT-III: Writing Skills : Planning business messages; Rewriting and editing; The first draft; Reconstructing
the final draft; Business letters and memo formats; Appearance request letters; Good news and bad
new letters; Persuasive letters; Sales letters; Collection letters; Office memorandum.
UNIT-IV: Report Writing: Introduction to a proposal, short report and formal report, report preparation.
Oral Presentation: Principles of oral presentation, factors affecting presentation, sales presentation,
training presentation, conducting surveys, speeches to motivate, effective presentation skills.
UNIT-V: Non-Verbal Aspects of Communicating.
Body language: Kinesics, Proxemics, Para language.
Effective listening: Principles of effective listening; Factors affecting listening exercises; Oral,
written, and video sessions.
Interviewing Skills: Appearing in interviews; conducting interviews;
Writing resume and letter of application.
Modern Forms of Communicating: Fax; E-mail; Video conferencing; etc. International
Communication: Cultural sensitiveness and cultural context; Writing and presenting in international
situations; Inter-cultural factors in interactions; Adapting to global business.
Suggested Readings:
1. Bovee and Thill: Business Communication Today, Tata McGraw Hill, New Delhi.
2. Ronald E. Dulek and John SFielder: Principles of Business Communication, Macmillan Publishing
Company, London.
3. Webster's Guide to Effective letter writing; Harper and Row, New York.
 4. Balasubramanyam: Business Communications, Vikas Publishing House, New Delhi.
5. Kaul: Business Communication, Prentice Hall, New Delhi.
6. Kaul: Effective Business Communication, Prentice Hall, New Delhi.
7. Patri VR: Essentials of Communication, Greenspan Publications, New Delhi.
8. Senguin J: Business Communication, The Real World and Your Career, Allied Publishers, New Delhi.
9. Mishra, Shukla and Patel: Business Communications, SBPD Publishing House, Agra.

BUSINESS REGULATORY FRAMEWORK [BCOM 10107]

OBJECTIVE: This course provides a brief idea about the framework of Indian business laws.
UNIT-I: Law of Contract, 1872: Nature of contract: Classification, Offer and acceptance, Capacity of parties
to contract, Free consent, Considerations, Legality of object: Agreement Declared void: Performance
of Contract: Discharge of contract: Remedies for breach of contract.
UNIT-II: Special Contracts: Indemnity: Guarantee: Bailment and Pledge, Agency.
UNIT-III: Sale of Goods Act 1930: Formation of contracts of sale, Goods and their warrants: Transfer of
property in goods: Performance of the contract of sales: Unpaid seller and his rights Sale by auction:
Hire purchase agreement.
UNIT-IV: Negotiable Instrument Act 1881: Definition of negotiable Instruments, Features, Promissory note,
Bill of exchange & cheque, Holder and holder in the due course, Crossing of a Cheque, types of
crossing; Negotiation: Dishonors and discharge of Negotiable Instrument.
UNIT-V: The Consumer Protection Act, 1986: Salient Features, Definition of consumer, Grievance Redressal
Machinery.
Foreign Exchange Management Act, 2000: Definitions and Main provisions.
Right to Information Act, 2005: Definition and Main Provisions.
Suggested Readings:
1. Desai T.R.: Indian Contract Act, Sale of Goods Act and Partnership Act, S.C. Sarkar & Sons Pvt. Ltd.,
Kolkata.
2. Khergamwala J.S.: The Negotiable Instruments Act, N.M. Tripathi Pvt. Ltd., Mumbai.
3. Singh Avtar: The Principles of Mercantile Law, Eastern Book Company, Lucknow.
4. Kuchal M.C.: Business Law, Vikas Publishing House, New Delhi.
5. Kapoor N.D.: Business Laws, Sultan Chand & Sons, New Delhi.
6. Chandha P.R.: Business Law, Galgotia, New Delhi.
7. Gupta O.P.: Business Regulatory Framework, SBPD Publishing House, Agra.

COMPULSORY GROUP - III: APPLIED ECONOMICS

BUSINESS ENVIRONMENT [BCOM 10108]

OBJECTIVE: This course aims at acquainting the students with the emerging issues in business at the national
and international level in the light of the policies of liberalization and globalization.
UNIT-I: Indian Business Environment: Concept, components, and importance
Economic Trends (overview): Income; Savings and investment; Industry; Trade and balance of
payments, Money; Finance; Prices.
UNIT-II: Problems of Growth: Unemployment; Poverty; Regional imbalances; Social injustice; Inflation;
Parallel Economy; Industrial sickness.
UNIT-III: Role of Government: Monetary and fiscal policy; Industrial policy; Industrial licensing.
Privatization; Devaluation; Export-Import policy; Regulation of foreign investment; Collaborations
in the light of recent changes.
UNIT-IV: Review of Previous Plans, the Current Five Year Plan, Major Policy, and Resources Allocation.
UNIT-V: International Environment: International Trading Environment (overview); Trends in world trade
and the problems of developing countries; Foreign trade and economic growth; FDI, Counter trade,
International Economic Groupings; International Economic Institutions - GATT, WTO, World Bank,
IMF.
Suggested Readings:
1. Sundaram & Black: The International Business Environment, Prentice Hall, New Delhi.
2. Agrawal A.N.: Indian Economy, Vikas Publishing House, New Delhi.
3. Khan Farooq A: Business and Society, S. Chand, New Delhi.
4. Dutt R. and Sundaram K.P.M.: Indian Economy, S. Chand, New Delhi.
5. Misra S.K. and Puri V.K.: Indian Economy, Himalaya Publishing House, New Delhi.
6. Hedge Lan: Environmental Economics, Macmillan, Hampshire.
7. Dutt Ruddar: Economic Reforms in India - A Critique, S. Chand, New Delhi.
8. Sinha V.C.: Business Environment, SBPD Publishing House, Agra.

PRNCIPLES OF MICRO ECONOMICS [BCOM 10109]

OBJECTIVE: Objective of the course is to acquaint the students with the concepts of micro economics dealing
with consumer behavior and make them understand the supply side of the market through the production and
cost behaviour of firms.
UNIT-I: (a) Micro Economics: Definition, meaning, Inductive and Deductive methods, Importance and
Limitations of Micro Economics.
(b) Demand & Supply: Law of Demand & Supply, Determinants of demand, movements vs. shift in
demand curve, Determinants of Supply, Movement along a supply curve vs. shift in supply curve;
Market equilibrium and price determination.
(c) Elasticity of demand and supply.
(d) Application of demand and supply.
UNIT-II: Consumer Theory: Ordinal Utility theory: (Indifference curve approach): Consumer’s preferences;
Interference curves; Budget line; Consumer’s equilibrium; Income and substitution effect; Price
consumption curve and the derivation of demand curve for a commodity; Criticisms of the law of
demand.
UNIT-III: Production and Cost (a) Production: Firm as an agent of production. Concepts of Production
function. Law of variables proportions, Isoquants, Return to scale. Economics and Diseconomies of
scale.
(b) Costs: Costs in the short run. Costs in the long run, Profit maximization and cost
Minimization. Equilibrium of the firm, Technological Change: the very long run.
UNIT-IV: Market Structures:
(a) Theory of Perfect Competition: Assumption; Theory of a firm under perfect competition;
Demand & Revenue; Equilibrium of the firm in the short run and long run, the long run industry
supply curve: increasing, decreasing and constant cost industry. Allocating efficiency under perfect
competition.
(b) Theory of Monopoly Firm: Short run long run equilibrium of monopoly firm. Concepts
of supply curve under monopoly; Allocating inefficiency & dead weight loss monopoly;
Price discrimination.
(c) Imperfect Competition: Difference between perfect competitions, monopoly and imperfect
competition; (i) Theory of monopolistic competition: Assumption; Short – run Equilibrium; Long
run Equilibrium; Concepts of excess capacity; Empirical relevance. (ii) Oligopoly: Causes for the
existence of oligopolistic firms in the market rather than perfect Competition; Cooperative vs. Non –
cooperative Behaviour & dilemma of oligopolistic firms.
UNIT-V: Income Distribution and Factor Pricing
Demand for factors. Supply of factor, backward bending supply curve for labor concepts of
economic rent; Functional distribution of Income.
Suggested Readings:
1. Chauhan SPS: Micro Economics - An Advanced Treatise, Prentice Hall of India, New Delhi.
2. Deepashree: Principles of Micro Economics, Ane Books Pvt Ltd, New Delhi.
3. Maddala G. S. and E. Miller: Microeconomic Theory and Applications, McGraw-Hill International
Education, New York.
4. Gould Johnl and Edward P. Lazeor: Microeconomic Theory, All India Traveler Book seller, New Delhi.
 5. Salvatore, D. Schaum's: Outline of Theory and Problems of Microeconomic Theory, McGraw Hill,
International Edition, New Delhi.
6. Ahuja, H.L.: Business Economics, S. Chand & Co., New Delhi.
7. Pindyck, R.S., and D.L. Rubinfeld: Microeconomics, Prentice-Hall of India Pvt. Ltd., New Delhi.
8. Varian, H.R.: Intermediate Microeconomics - A Modern Approach, Affiliated East-West Press, New
Delhi.
9. Sinha V.C.: Micro Economics, SBDP Publication House, Agra.

COMPUTER FUNDAMENTALS AND OFFICE AUTOMATION [BCOM 10110]

OBJECTIVE: This course acquaints the students with the concepts of computer fundamentals, operating
system and working with MS-Office.
UNIT-I: Introduction to Computers: Computer System Characteristics and Capabilities: Speed, Accuracy,
Reliability, Memory capability, Repeatability. Computer Hardware and Software: Block Diagram of
Computer, Different Types of Software. Data Processing: Data, Data Processing System, Storing
Data, Processing Data. Types of Computers: Analog, Digital, Hybrid General and Special Purpose
Computers. Computer Generations: Characteristics of Computer Generations Computer Systems -
Micro, Minis & Main-Frames. Various types of computer peripherals and memory devices.
Limitations of Computer.
UNIT-II: Computer Software and Application: System Software : System software Vs. Application Software,
Types of System Software, Introduction and Types of Operating Systems programs, Booting Loader,
Diagnostic Tests, BIOS, Utility Programs, File Maintenance, Language Processors, Assembler,
Compiler & Interpreter. Types of operating systems-MS DOS, WINDOWS and UNIX/Linux.
Application Software: Microcomputer Software, Interacting with the System, Trends in PC software,
Types of Application Software, Difference between Program and Packages.
UNIT-III: Operating System: Fundamentals of DOS: Physical Structure of the Disk, Compatibility of drives,
Disks & DOS versions, Preparing Disks for use, Device Names. Getting Started with DOS: Booting
Process, System Files and Command com, Internal DOS Commands - DIR, MD, CD, COPY, DEL,
REN, VOL, DATE, TIME, CLS, PATH, TYPE. Files & Directories, Elementary External DOS
Commands - CHKDSK, MEM, XCOPY, PRINT, DISKCOPY, DISKCOMP, DOSKEY, HELP,
TREE, SYS, LABEL, ATTRIB, Creating a Batch Files, Additional Commands - ECHO, PROMPT,
MODE, GRAPHICS, EDIT, FORMAT, FDISK, BACKUP, RESTORE, MORE, SORT, APPEND.
Windows Concepts, Features, Structure, Desktop, Taskbar, Start Menu, My Computer, Recycle bin,
Accessories: Calculator, Notepad, Paint, WordPad, Character Map. Explorer: Creating folders and
other Explorer facilities. Internet explorer basics, navigating the web.
UNIT-IV: MS Word - Creating & editing word documents, Formatting documents - aligning documents,
indenting paragraphs, changing margin, formatting pages, formatting paragraph, printing labels,
working with tables, formatting text in tables, inserting & deleting cells, rows & Columns, use
Bulleted & numbering. Checking spelling & Grammar, Finding synonyms, Working with long
documents, working with header & Footer, adding page no & footnote, working with Graphics,
inserting ClipArt, working templates, Creating templates, working with Mail - Merge, Writing the
Form letter, Merging Form documents, Merging to label, Working with Mailing lists and Data
Sources, Selecting Merge Records, Creating Macro, Running Macro.
Presenting with power point : Creating presentation, working with slides, Different types of slides,
setting page layout, selecting background & applying design, adding Graphics to slide, adding sound
& Movie, working with table, crating chart & Graph, playing a slide show, slide transition,
advancing slides, setting time, rehearsing timing, animating slide, animating objects, running the
show from windows.
UNIT-V: Working with Excel - Introducing Excel, Use of Excel sheet, saving, opening & printing workbook,
Apply formats in cell & text, Divide worksheet into pages, setting page layout, adding Header &
Footer. Using multiple documents, arranging windows i.e. (Cascade, Tiled, Split), protecting your
work, password protection. Working with Functions & Formulas, using absolute reference,
referencing cell by name, using cell label, Giving name to cell and ranges, working with formulas
 (Mathematical & Trigonometric, Statistical, Date time, Most recently used), Working with Excel
Graphics, creating chart & graphs. Working with lists & database, sorting a database, Filtering a
database, using auto filter, Criteria Range, Calculating total & Subtotal, Creating Pivot table, Goal
seek, Recording & Playing Macros, Deleting & Selecting Macro location, Use of Freeze option.
Suggested Readings:
1. Neibauer Alan: Office 2000 Made Easy, Tata McGraw Hill, New Delhi.
2. C. Ritchie: Operating System (Incl. DOS & UNIX), BPB Publications, New Delhi.
 BACHELOR OF COMMERCE PART - II
(B.COM. PART – II)

SYLLABUS

SCHOOL OF COMMERCE & MANAGEMENT

ISBM UNIVERSITY
VILLAGE – NAWAPARA (KOSMI),
TEHSIL – CHHURA, DIST - GARIYABAND,
CHHATTISGARH, PIN – 493996.
CONTACT US: +91 9373199999
E-mail: info@isbmuniversity.edu.in
 BACHELOR OF COMMERCE (B.COM.)
SECOND YEAR
SCHEME OF EXAMINATION

(Each student has to take 1 Soft Skills Development Course + 3 Compulsory Groups (2 courses each) + 1
Statistics Course + 1 Computer Course)

Minimum
S. Subject
Subject External Internal Total Passing Credit
No. Code
Marks

BCOM Soft Skills

1 70 30 100 35 2
10201 Development

BCOM Corporate
2 Compulsory Accounting 70 30 100 35 2
10202
Group - I:
BCOM Accounting
3 Cost Accounting 70 30 100 35 2
10203
Principles of
BCOM Compulsory Business
4 70 30 100 35 2
10204 Group - II: Management
Business
BCOM Management Company Law
5 70 30 100 35 2
10205
Principles of
BCOM
6 Compulsory Macro 70 30 100 35 2
10206
Group - III: Economics
Applied
BCOM Fundamentals of
7 Economics 70 30 100 35 2
10207 Entrepreneurship

BCOM Business
8 70 30 100 35 2
10208 Statistics
Computerized
BCOM
9 Financial 70 30 100 35 2
10209
Accounting
Total (1 Soft Skills Development Course + 3
Compulsory Groups (2 courses each) + 1 Statistics 900 18
Course + 1 Computer Course)
 SOFT SKILLS DEVELOPMENT [BCOM 10201]
OBJECTIVE: This paper is designed to enable the students to learn about various types of soft-skills to
improve their inter-personal skill.
UNIT-I: Communication: Its Interpretation; Basics of Communication - Process, Components, and Factors
of Communication; Non-Verbal Communication - Personal appearance, Facial expressions,
Movement, Posture, Gestures, Eye Contact, Vocal Communication Techniques; Barriers of
Communication - Physical Barriers, Psychological Barriers, Semantic Barriers, Organizational
Barriers and Interpersonal Barriers.
UNIT-II: Business Communication at Workplace: Letter Components and Layout - Planning a letter, Process
of letter Writing, Letterhead, Inside Address, Forms of Layout of Letter; Email; - Popularity of E-
mails, Problems in E-mail Communication, E-Mail Etiquette, Memo - Usefulness of Memos,
Structure for Memos, Meeting – Notice, Agenda, Minutes and Delivery of Meeting.
UNIT-III: Report Writing: Effective Writing in Report - Introduction, Diction, Effective Sentences, Effective
Paragraphs, Features of a Report, Process of Writing Reports, Importance of Reports, Types of
Reports; Structure of Reports - Front matter, Main Body, Back Matter; Writing Abstracts and
Summaries - Abstract, Summary, Differences Between Abstract and Summary.
UNIT-IV: Required Skills: Reading Skills – Introduction, Mechanics, Undesirable of Reading Habits,
Guidelines for Improving, Types of Reading, Reading Speed, and Techniques for Comprehension;
Listening Skill - Introduction, Purpose of Listening, Cognitive Process of Listening, Barriers to
Listening, Guidelines for Improving Listening Skill; Précis Writing - Introduction, Principles of a
Good Précis, Steps for Writing a Good Précis, Methods of Abridging Sentences; Oral
Communication - Introduction, Preparation, Structure, Planning, Rehearsing of Presentation,
Impromptu Speaking, Guidelines for Final Speech, Handling Question and Answer Session.
UNIT-V: Mechanics of Writing: Spelling Rules - Introduction, Compound Words with Hyphens, Use
Hyphens with Numbers, Use Hyphens with Prefixes, Compound Words without Hyphens, Prefixes
without Hyphens; Abbreviating Technical and Non- Technical Terms – Introduction: Proofreading
– Introduction, purpose and importance.
Suggested Readings:
1. Sen Leena: Communication Skills, Prentice Hall Inc., New Delhi.
2. Rizvi M. Ashraf: Effective Technical Communication, Tata McGraw Hill Education, New Delhi.
3. Chandra V & Taylor Shirley: Communication for Business, Pearson India Education, New Delhi.
4. Koneru Aruna: Professional Communication, Tata McGraw Hill Education, New Delhi.
5. Magan Sangeeta: Business Communication, International Book House, New Delhi.
6. Ghanekar Anjali: Business Communication Skills, Everest Publishing House, Pune.

COMPULSORY GROUP - I: ACCOUNTING

CORPORATE ACCOUNTING [BCOM 10202]

OBJECTIVE: This course enables the students to develop awareness about corporate accounting in
conformity with the provisions of companies Act.
UNIT-I: Issue, Forfeiture, and Re-issue of Shares: Redemption of preference Shares: Issue and redemption
of debentures.
UNIT-II: Final Accounts excluding computation of managerial remuneration and disposal of profit.
Liquidation of Company.
UNIT-III: Valuation of Goodwill and Shares.
UNIT-IV: Accounting for Amalgamation of companies as per Indian Accounting standard 14: Accounting
for internal reconstruction – excluding inter-company holding and re-construction schemes.
UNIT-V: Consolidated Balance Sheet of holding companies with one subsidiary only, Final Account of
Banking Companies.
Suggested Readings:
1. Gupta R.L. Radhaswamy M: Company Accounts, Sultan Chand & Sons, New Delhi.
2. Maheshwari S.N.: Corporate Accounting, Vikas Publishing House, New Delhi.
3. Shukla M.C., Grewal T.S. and Gupta S.C.: Advanced Accounts, S. Chand & Co. New Delhi.
4. Moore C.L. and Jaedicke R.K.: Managerial Accounting, South Western Publishing Co. Clincinati, Chio.
5. Dr. S.M. Shukla: Corporate Accounting, Sahitya Bhawan, Agra.
 6. Khanuja S.S., Karim A., & Mehta P.: Corporate Accounting, SBPD Publishing House, Agra.

COST ACCOUNTING [BCOM 10203]

OBJECTIVE: This course exposes the students to the basic concepts and the tools used in cost accounting.
UNIT-I: Introduction; Nature and scope of Cost Accounting; Cost concepts and classification; Methods and
techniques: Installation of costing system, Concept of cost audit, Accounting for Material ; Material
Control; concept and techniques; pricing of material issues; Treatment of material losses.
UNIT-II: Accounting for Labour; Labour cost control procedure; Labour turnover; idle time and overtime,
Methods of wage payment – time and piece rates; Incentive schemes. Accounting for overhead;
Classification and departmentalization; Absorption of overheads; Determination of overhead rates;
Under and over absorption and its treatment.
UNIT-III: Cost Ascertainment: Unit costing and Contract costing.
UNIT-IV: Operating costing; Process costing excluding inter-process profits; Joint and by products.
UNIT-V: Cost Records: Integral and non–integral system; Reconciliation of cost and financial accounts;
Break Even Point.
Suggested Readings:
1. Arora M.N.: Cost Accounting-Principles and Practice, Vikas Publications, New Delhi.
2. Jain S.P. and Narang K.L; Cost Accounting, Kalyani Publisher, New Delhi.
3. Anthony Robert, Reece, etal: Principles of Management Accounting, Richard D. Irwin Ire. Illinois.
4. Horngren, Charles, Foster and Datar: Cost Accounting–A Managerial Emphasis, Prentice Hall India,
New Delhi.
5. Khan M.Y. and Jain P.K.: Management Accounting, Tata McGraw Hill, New Delhi.
6. Kaplan R.S. and Atkinson A.A.: Advanced Management Accounting, Prentice Hall Inc., New Delhi.
7. Tulsian P.C.: Practical Costing, Vikas Publications, New Delhi.
8. Maheshwari S.N.: Advanced Problems and Solutions in Cost Accounting, Sultan Chand, New Delhi.
9. M.L. Agrawal: Cost Accounting, Sahitya Bhawan, Agra.

COMPULSORY GROUP - II: BUSINESS MANAGEMENT

PRINCIPLES OF BUSINESS MANAGEMENT [BCOM 10204]

OBJECTIVE: This course familiarizes the students with the basics of principles of management.
UNIT-I: Introduction: Concept, nature, process, and significance of management; Management roles
(Mintzberg); an overview of functional areas of management; development management thought;
Classical and neo-classical systems; Concept approaches.
UNIT-II: Planning: Concept, process and types, Decision making – concept and bounded rationality;
Management by Objectives; Corporate Planning, Environment Analysis and Diagnosis; Strategy
formulation.
UNIT-III: Organizing: Concept, nature, process and significance; Authority; Centralization and
decentralization; Department; Organization structure – forms.
UNIT-IV: Motivating and Leading People at work: Motivation–Concept, Theories-Herzberg, McGregor, and
Ouchi; Financial and non-financial incentives. Leadership - Concept and leadership styles;
Leadership Theories; Linkert’s System Management.
UNIT-V: Managerial Control-Concept and Process; Effective control system; Technical control-
traditional and modern. Management of Change-Concept, nature, and process of planned
resistance to change; Emerging horizons of management in an environment.
Suggested Readings:
1. Druker Peter F: Management Challenges for the 21st century, Butterworth Heinemann, Oxford.
2. Weihrich and Koontz, et al: Essentials of Management, Tata McGraw Hill, New Delhi.
3. Louis A Allen: Management and Organisation, McGraw Hill, Tokyo.
4. Hampton, David R.: Modern Management, McGraw Hill, New York.
5. Sharma R.K. and Gupta Shashi: Principles of Management, Kalyani Publisher, New Delhi.
6. Agrawal Dr. R.C.: Principles of Management, Sahitya Bhawan, Agra.
7. Saxena Dr. S.C.: Business Administration and Management, Sahitya Bhawan, Agra.
8. Dr. Mishra and Gupta: Principles of Management, SBPD Publishing House, Agra.
 COMPANY LAW [BCOM 10205]
OBJECTIVE: This course provides basic knowledge of the provisions of latest/current company act.
UNIT-I: Corporate personalities; kinds of companies, Nature & Scope, promotion on and incorporation of
companies.
UNIT-II: Memorandum of Association; Articles of Association; Prospectus, Shares; Share Capital – transfer
and transmission.
UNIT-III: Capital management – borrowing powers, mortgages and charges, debentures, Directors –
Managing Director, Whole time director, Appointment, Remuneration, and duties.
UNIT-IV: Company meetings – kinds, notice, quorum, voting proxy, resolutions, minutes.
UNIT-V: Majority powers and minority rights; Prevention of oppression and mismanagement. Winding up
– kinds and conduct.
Suggested Readings:
1. Gower L.C.B.: Principles of Modern Company Law, Stevens & Sons, London.
2. Ramaiya A.: Guide to the Companies Act, Wadhwa & Co., Nagpur.
3. Singh Avtar: Company Law, Eastern Book Co., Lucknow.
4. Kuchal M.C.: Modern India Company Law, Shri Mahavir Books, Noida.
5. Kapoor N.D.: Company Law – Incorporating the Provisions of the Companies Amendment Act, 2013,
S. Chand & Sons, New Delhi.
6. Bagrial A.K.: Company Law, Vikas Publishing House, New Delhi.
7. Shukla S.M.,Gupta N & Mahajan P: Company Law, Sahitya Bhawan Publications, Agra.
8. Gupta O.P.: Indian Company Law, SBPD Publishing House, Agra.

COMPULSORY GROUP - III: APPLIED ECONOMICS

PRINCIPLES OF MACRO ECONOMICS [BCOM 10206]

OBJECTIVE: The course aims at providing the student with knowledge of basic concepts of the macro
economics. The modern tools of macro-economic analysis are discussed and the policy framework is
elaborated, including the open economy.
UNIT-I: Introduction: Concepts and variables of macroeconomics, income, expenditure and the circular
flow.
UNIT-II: National Income Determination: Actual and potential GDP; Aggregate Expenditure –
Consumption Function, Investment Function; Equilibrium GDP; Concepts of MPS, APS, MPC,
APC. Autonomous Expenditure; The Concepts of Multiplier; National Income Determination in
an Open Economy with Government- Fiscal Policy – Impact of Changes in Govt. Expenditure and
Taxes, Net Export Function, Net Exports and Equilibrium GDP.
UNIT-III: Inflation : Causes of rising and falling inflation, inflation and interest rates, social costs of inflation.
Unemployment – natural rate of unemployment, frictional and wait unemployment. Labour market
and its interaction with production system. Phillips curve, the trade-off between inflation and
unemployment.
UNIT-IV: Open Economy: Flows of goods and capital, saving and investment in a small and a large open
economy, exchange rates, Mundell – Fleming model with fixed and flexible prices in a small open
economy with fixed and with flexible exchange rates, interest-rate differentials case of a large
economy.
UNIT-V: IS-LM Framework: Derivation of IS and LM Functions; Joint determination of National Income
and rate of Interest.
Suggested Readings:
1. R. G. Lipsey and K. A. Chrystal: Economics, Oxford University Press, New Delhi.
2. Mankiw N. Gregory: Macroeconomic, McMillan Worth Publishers, New York.
3. Dornbusch Rudiger and Stanley Fisher: Macroeconomic, McGraw Hill, New Delhi.
4. Deepashree, Vanita Agarwal: Macro Economics, Ane Books Pvt Ltd, New Delhi.
5. Sinha V.C.: Macro Economics Theory, SBPD Publishing House, Agra.
 FUNDAMENTALS OF ENTREPRENEURSHIP [BCOM 10207]
OBJECTIVE: It provides exposure to the student to the entrepreneurial culture and industrial growth so as to
preparing them to set up and manage their own small units.
UNIT-I: Introduction: The entrepreneur; Definition; Emergence of entrepreneurial class; theories
entrepreneurship; Role of Socio – economic environment; Characteristics.
UNIT-II: Promotion of a Venture; Opportunities analysis; External environmental analysis economic, social
and technological; Competitive factors, Legal requirements for establishment of a new unit, and
raising of funds; Venture capital sources and documentation required.
UNIT-III: Entrepreneurial Behaviour; Innovation and entrepreneur; Entrepreneurial behavior and psycho–
Theories, Social responsibility.
UNIT-IV: Entrepreneurial Development; Programs (EDP); EDP their role, relevance, and achievements; Role
of Government in organizing EDPs; Critical evaluation.
UNIT-V: Role of Entrepreneur; Role of an entrepreneur in economic growth as an innovator, generation of
employment opportunities, complementing and supplementing economic growth, bringing about
social stability and balanced regional development of industries; Role in Export promotion and
import substitution, forex earnings, and augmenting and meeting local demand.
Suggested Readings:
1. Tandon B.C.: Environment and Entrepreneur, Chugh Publications, Allahabad.
2. Siner A David: Entepreneurial Megabuks, John Wiley and Sons, New York.
3. Srivastava S.B.: A Practical Guide to Industrial Entrepreneurs, Sultan Chand and Sons, New Delhi.
4. Prasanna Chandra: Project Preparation, Appraisal, Implementation; Tata McGraw Hill, New Delhi.
5. Pandey I.M.: Venture Capital – The Indian Experience, Prentice Hall India, New Delhi.
6. Holt: Entrepreneurship – New Venture Creation; Prentice Hall India, New Delhi.
7. Gupta O.P.: Entrepreneurship, SBPD Publishing House, Agra.

BUSINESS STATISTICS [BCOM 10208]

OBJECTIVE: It enables the students to gain understanding of statistics – compared to Inferential to business.
UNIT-I: Introduction: Statistics as a subject; Descriptive Statistics–compared to Inferential Statistics; Types
of data; Summation Operation; Rules of Sigma E operations, Analysis of University Data;
Construction of a frequency distribution, Concept of central tendency.
UNIT-II: Dispersion – and their measures; Partition values; Moments; Skewness and Measures.
UNIT-III: Analysis of Vicariate Data; Linear regression two variables and correlation.
UNIT-IV: Index Number; Meaning, types and uses; Methods of Constructing Price and Quantity indices
(Simple and aggregate); Tests of adequacy; Chain–base index numbers; Base shifting, splicing and
deflating; Problems in constructing index numbers; Analysis of Time Series; Cause of variation in
Time Series Data; Components of a time series; Decomposition – additive and Multiplicative
models; Determination of trend – Moving Averages Method and method of least squares (including
linear, second degree, parabolic, and exponential trend); Computation of seasonal indices by
simples averages, ratio–to–trend, ratio–to–moving average, and link relative methods.
UNIT-V: Forecasting and Methods; Forecasting – Concept, types and importance; General approach to
forecasting; Methods of forecasting; demand; Industry Vs Company Sales forecast; Factors
affecting company sales. Theory of probability: as a concept; The three approaches to defining
probability; Addition and multiplication laws of probability; Conditional Probability Bays’
Theorem expectation and Variance of a random variable.
Suggested Readings:
1. Shukla S.M.: Business Statistics, Sahitya Bhawan Publications, Agra.
2. Gupta and Gupta: Business Statistics, SBPD Publishing House, Agra.

COMPUTERIZED FINANCIAL ACCOUNTING [BCOM 10209]

OBJECTIVE: The course will help students to understand the concept of managing accounting through
computers with special reference to Tally ERP9.
UNIT-I: Basics of Accounting: Introduction, Types of Accounts, Accounting Principles or concepts, Mode
of Accounting, Rules of Accounting, Double entry system of book keeping. Financial Statements,
Transactions, Recording Transactions.
UNIT-II: Fundamentals of Tally.ERP9: Introduction of Tally.ERP9, History of tally, Versions of tally,
Understand Tally Features and Benefits, Company Features, Configuration, Getting functions with
Tally.ERP9, Creation / setting up of Company in Tally.ERP9, starting ERP9.
Accounting and Inventory Settings in Tally.ERP9: Chart of Groups, Groups, Multiple Groups,
Ledgers, Multiple Ledgers, Stock Groups, Multiple Stock Groups, Stock Categories, Multiple
Stock Categories, Units of Measure, Godowns, Stock Items, creating advanced accounting and
inventory masters.
UNIT-III: Performing Transaction Entries in Tally.ERP9: Introduction, Types of Vouchers, Chart of
Vouchers, Accounting Vouchers, Inventory Vouchers, Invoicing and Bookkeeping.
Taxation: Computation of GST, Computation of TDS & TCS.
UNIT-IV: Advanced Accounting in Tally.ERP9: Bill wise details, Cost centers and Cost Categories,
Multiple currencies, Interest calculations, Budget and controls, Scenario management, Bank
Reconciliation.
Technological Advantages in Tally.ERP9: Tally vault, Security controls, Tally audit, Backup
and restore, Split company data, Import and export of data, Printing Reports and Cheques, Create
Company Logo.
UNIT-V: Payroll Accounting in Tally.ERP9 and compliances: Configuring Payroll, Creating Payroll
Masters, and Processing Payroll, Accounting for Employer PF Contributions, Accounting for
Employer ESI Contributions, Payment of Professional Tax and Generating Payroll Reports.
Generating Reports in Tally.ERP9: Financial Statements (Trading Account, Profit & Loss
Account, and Balance Sheet), Accounts Books and Reports, Inventory Books and Reports,
Exception Reports, Statutory Reports, Trial balance, Day Book, List of Accounts, Stock Summary.

Suggested Readings:
1. Tally Education: Official Guide to Financial Accounting Using Tally.ERP 9 with GST (Release 6.4),
BPB Publications, New Delhi.
2. Nandini Ashok: Tally ERP9 Training Guide, BPB Publications, New Delhi.
3. Singh Shraddha & Mehra Navneet: Tally ERP9 Power of Simplicity, UBS Publishers.
 BACHELOR OF COMMERCE PART – III
(B.COM. PART – III)

SYLLABUS

SCHOOL OF COMMERCE & MANAGEMENT

ISBM UNIVERSITY
VILLAGE – NAWAPARA (KOSMI),
TEHSIL – CHHURA, DIST - GARIYABAND,
CHHATTISGARH, PIN – 493996.
CONTACT US: +91 9373199999
E-mail: info@isbmuniversity.edu.in
 BACHELOR OF COMMERCE (B.COM.)
FINAL YEAR
SCHEME OF EXAMINATION

(Each student has to take 5 Compulsory Courses + 1 Project & Viva-voce + 1 Computer Course + 2 Courses
from his/her respective specialization)

Minimum
S.
Subject Code Subject External Internal Total Passing Credit
No.
Marks
COMPULSORY PAPERS
1 BCOM 10301 Income Tax 70 30 100 35 2
Goods &
2 BCOM 10302 70 30 100 35 2
Services Tax
Management
3 BCOM 10303 70 30 100 35 2
Accounting
4 BCOM 10304 Auditing 70 30 100 35 2
Human
5 BCOM 10305 Resource 70 30 100 35 2
Management
E-Commerce &
6 BCOM 10306 Internet 70 30 100 35 2
Marketing
Project Report 50
7 BCOM 10307 35 2
& Viva-Voce 50
Financial
8 BCOM 10308 70 30 100 35 2
Specialization Management
Group I : Financial
9 BCOM 10309 Finance Market 70 30 100 35 2
Operations
Principles of
10 BCOM 10310 Specialization 70 30 100 35 2
Marketing
Group II :
Marketing International
11 BCOM 10311 70 30 100 35 2
Marketing
Fundamentals of
12 BCOM 10312 Specialization 70 30 100 35 2
Group III : Banking
Banking & Fundamentals of
13 BCOM 10313 Insurance 70 30 100 35 2
Insurance
Total (5 Compulsory Courses + 1 Project & Viva-
voce + 1 Computer Course + 2 Courses from his/her 900 18
respective specialization)
 COURSE CONTENTS

INCOME TAX

OBJECTIVE:

It enables the students to know the basics of Income Tax Act and its implications.

UNIT-I Basic concepts: Income, agricultural Income, casual income, assessment year, previous year,
gross total income, total income, person.

Basis of charge: Scope of total income, residence and tax liability, income which does not form
part of total income.

UNIT-II Heads of Income: Salaries; Income from house property.

UNIT-III Profit and gains of business or profession, including provisions relating to specific business;
Capital gains, Income from other sources.

UNIT-IV Computation of Tax Liability: Set-off and carry forward of losses; Deduction from gross total
income.
Aggregation of income; Computation of total income and tax liability of and individual,
H.U.F., and firm.

UNIT-V Tax Management: Tax deduction at source; Advance payment of tax; Assessment procedures;
Tax planning for individuals.

Tax evasion, Tax Avoidance and Tax planning.

Tax Administration: Authorities, appeals, penalties.

Suggested Reading:
1. Singhania V.K.: Students Guide to Income Tax; Taxmann, Delhi.
2. Prasad, Bhagwati: Income Tax Law & Prectice; Wily Publication, New Delhi.
3. Mehrotra H.C.: Income Tax Law & Accounts: Sahitya Bhawan, Agra.
4. Girish Ahuja and Ravi Gupta: Systematic approach to income tax: Sahitya Bhawan
Publications, New Delhi.
5. Chandra Mahesh and Shukla D.C.: Income Tax Law and Practice; Pragati Publications,
New Delhi.
6. R.K. Jain: Income Tax & Law (Hindi & English) Shahitya Bhavan, Publication, Agra.
 GOODS AND SERVICES TAX

OBJECTIVE:
This course aims at imparting basic knowledge about GST.

UNIT-I Objectives and basic scheme of GST, Meaning – Salient features of GST – Subsuming of taxes
–benefits of implementing GST –Comparison with Sales Tax- Constitutional amendments -
Structure of GST (Dual Model) – Central GST – State / Union Territory GST – Integrated GST
- GST Council: Structure, Powers and Functions, Provisions for amendments.

UNIT-II Rates of GST-Multiple Vs Single-Relative merits and de-merits-goods outside the purview of
GST-Tax collections under GST.

Definition: Aggregate turnover, Adjudicating authority, Agent, Business, Capital goods,

Casual taxable person, Composite supply, Mixed supply, Exempt supply, Outward supply,
Principal supply, Place of supply, Supplier, Goods, Input service distributor, Job work,
Manufacture, Person, Place of business, Reverse charge, Works contract, Casual taxable
person, Non-resident person, Export of goods / services, Import of goods / services,
Intermediary, Location of supplier of service, Location of recipient of service.

UNIT-III Procedure and Levy under GST

Registration under GST: Procedure for registration, Persons liable for registration, Persons not
liable for registration, Compulsory registration, Deemed registration, Special provisions for
Casual taxable persons and Non-resident taxable persons, Exempted goods and services - Rates
of GST.

UNIT-IV Procedure relating to Levy: (CGST & SGST): Scope of supply, Tax liability on Mixed and
Composite supply, Time of supply of goods and services, Value of taxable supply,
Computation of taxable value and tax liability.

UNIT-V Procedure relating to Levy: (IGST): Inter-state supply, intra-state supply, Zero rates supply,
Value of taxable supply – Computation of taxable value and tax liability.

UNIT-VI Input tax Credit: Meaning, Eligibility, Apportionment, Inputs on capital goods, Distribution
of credit by Input Service Distributor (ISD) – Transfer of Input tax credit.

Suggested Reading:
1. GST - Law & Practice (2018) Dr. B.G. Bhaskara, Manjunath. N & Naveen Kumar IM.
2. Understanding GST (2018) Kamal Garg, Barat's Publication.
3. Goods and Service Tax (2018) GhousiaKhatoon, Naveen Kumar C.M, Venkatesh SN -
Himalaya Publishing House.
4. Madhukar N Hiregange (2018) Goods and Services Tax, Wolters Kluwer.
 MANAGEMENT ACCOUNTING

OBJECTIVE:

This course provides the students an understanding of the application of accounting techniques
for management.
UNIT-I Management Accounting: Meaning, nature, scope, and functions of management accounting;
Role of managment accounting in decision making; Management accounting vs financial
accounting; Tools and techniques of management accounting; Financial statement; Objectives
and methods of financial statements analysis; Ratio analysis; Classification of ratios -
Profitability ratios, turnover ratios, liquidity ratios, turnover ratios; Advantages of ratio
analysis; Limitations of accounting ratios.

UNIT-II Funds Flow Statement as per Indian Accounting Standard 3, cash flow statement.

UNIT-III Absorption and Marginal Costing: Marginal and differential costing as a tool for decision
making - make or buy; Change of product mix; Pricing, Break-even analysis; Exploring new
markets; Shutdown decisions.

UNIT-IV Budgeting for profit Planning and control: Meaning of budget and budgetary control;
Objectives; Merits and limitations; Types of budgets; Fixed and flexible budgeting; Control
ratios; Zero base budgeting; Responsibility accounting; Performance budgeting.

UNIT-V Standard Costing and Variance Analysis: Meaning of standard cost and standard costing;
Advantages and application; Variance analysis - material; Labour and overhead (Two-way
analysis); Variances.

Suggested Reading:
1. Arora M.N.: Cost Accounting - Principles and Practice, Vikas, New Delhi.
2. Jain S.P. & Narang K.L.: Cost Accounting; Kalyani, New Delhi.
3. Anthony, Rogert & Reece, at al: Principles of Management Accounting; Richard Irwin Inc.
4. Horngren, Charles, Foster and Datar et al: Cost Accounting - A Managerial Emphasis;
Prentice Hall, New Delhi.
5. Khan M.Y. and Jain P.K.: Management Accounting: Tata McGraw Hill, New Delhi.
6. Kaplan R.S. and Atkonson A.A.: Advanced Management Accounting; Printice Hall India,
New Delhi.
7. J.K. Agrawal & R.K. Agrawal: Jaipur (English & Hindi).
8. Dr. M.R. Agrawal: Minakshi Prakashan Meruth.
9. Dr. S.P. Gupta - Agra (Hindi & English).
 AUDITING

OBJECTIVE:
This course aims at imparting knowlege about the principles and methods of auditing and their
applications.

UNIT-I Introduction: Meaning and objectives of auditing; Types of audit; Internal audit.

Audit Process: Audit programme; Audit note books; Working papers and evidences.

UNIT-II Internal Check System: Internal control.

Audit Procedure: Vouching: Verification of assets and liabilities.

UNIT-III Audit of Limited Companies:

a. Company auditor - Appointment, powers, duties, and liabilities.
b. Divisible profits and dividend.
c. Auditor's report - standard report and qualified report.
d. Special audit of banking companies.
e. Audit of educational institutions.
f. Audit of Insurance companies.

UNIT-IV Investigation: Investigation; Audit of nonprofit companies,

a. Where fraud is suspected, and
b. When a running a business is proposed.
c. Varifications & Valuation of assets.

UNIT-V Recent Trends in Auditing: Nature and significance of cost audit; Tax audit; Management
audit. Company auditing - Qualification, Appointment, Resignation and liabilities.

Suggested Reading:

1. Gupta KaPal: Contemporary Auditing: Tata Mcgraw Hill, New Delhi.

2. Tandon B.N.: Principles of Auditing: S. Chand & Co., New Delhi.
3. Pagare Dinkar: Principles and Practice of Auditing: Sultan Chand, New Delhi.
4. Sharma T.R.: Auditing Principles and Problems, Sahitya Bhawan, Agra.
5. Shukla S.M.: Auditing - Shahitya Bhavan, Agra, (Hindi)
6. Batliboy: Auditing.
 HUMAN RESOURCE MANAGEMENT

OBJECTIVES:
 To develop the ability to understand Human Resource Management in order to analyze the
opportunities and take decisions.
 It aims at acquainting the students with the emerging issues in Human Resource
Management.

UNIT-I Introduction to Human Resource Management: Concept, Nature and scope of HRM - Meaning,
– Role HRM - Function, Objective, Scope, Personnel Management Vs HRM , Internal &
External HRD in India, Human Resource Development – Meaning Factors effecting, Current
and Future Challenges in HRM – Jobs and Careers in HRM. (15 Hours)

UNIT-II HRP Planning: Meaning and Definition of Human Resource Planning (HRP)-Steps in HRP -
HRP Objectives, Benefits, Functions, Process, HRP Forecasting Techniques, Practices,
Barriers to HRP. Job Analysis and Job design requirement, Selection Placement Training &
Development, Compensation – Performance Appraisal, Job evaluation, Remuneration,
Incentive Payments, Employed Benefits and Specious. (15 Hours)

UNIT-III Employee Welfare – Welfare measure, Safety and Health, Promotion Transfer Grievances in
India Industry. Industry Relation and Industrial Disputes in India their resolution, Role of
Trade Union, Types of Trade Union in India, Conflict Management in Industry, Workers
Participation in Management - Scope of WPM. (15 Hours)

UNIT-IV Performance Appraisal – Definitions, standards, measure, methods (P.A. Techniques) Process
of job evaluation, 360 Performance Appraisal, Compensation Management. Fringe Benefits,
Incentives Objectives of Wage & Salary Administration Incentive Plans, Individual Incentives,
Piece & Rate Incentives, Commissions & Bonuses. (15 Hours)

UNIT–V Job Satisfaction & Quality of Work Life – Job Satisfaction – Meaning, factors governing
impact of Job/Satisfaction. Over performance. QWL – Meaning, Approaches, Quality Circle,
Team Building, Globalization and HRM Strategies for New Millennium – Impact of
Globalization on Employment Employee Discipline, Employee Grievances. (15 Hours)

Course Outcome:
After studying this course, the learner should be able to:
 Understand the historical growth of the idea of human rights
 Demonstrate an awareness of the international context of human rights
 Demonstrate an awareness of the position of human rights in the UK prior to 1998
 Understand the importance of the Human Rights Act 1998
 Analyse and evaluate concepts and ideas
References:
1. Human Resources Development – Rao, Verma Khandelwal.
2. Human Resources Development – Nadler & Lenonard.
3. Dwivedi RS - Human Relations and Organization Behavior.
4. Aswathappa K - Human Resource and Personnel Management.

Text Books:
1. Memoria CB - Personnel Management.
2. SubbaRao P - Human Resource Management and Industrial Relation.

E-COMMERCE AND INTERNET MARKETING

OBJECTIVE:
The objective of this course is to make the students familiar with the mechanism of conducting
business transactions through electronic media.

UNIT-I Introduction to e-Commerce and B to C e-Commerce:

Business to Business e-Commerce: Inter organizational transactions; electronic markets;
Electronic Data Interchange (EDI) - the nuts and bolts, EDI and business, Inter organizational
e-commerce. (15 Hours)

UNIT-II Business to Consumer e-Commerce: Consumer trade transactions.

Mobile Commerce: Growth of Mobile Commerce, Mobile Health Services, Wireless
Applications, Technologies for Mobile Commerce, Wireless Spectrum, WAP, Origins of
WAP, WAP Architecture, Wireless Datagram Protocol (WDP), Short Message Services,
Circuit Switched Data (CSD), Unstructured Supplementary Services Data (USSD), General
Packet Radio Service (GPRS), Wireless Technology. (15 Hours)

UNIT-III The elements of e-Commerce: Elements, e-visibility, e-shop online payments, delivering the
goods, after sales service, Internal e-commerce Security A web site evaluation model.
(15 Hours)

UNIT-IV e-Business: Introduction, Internet Book shops, software Supplies & Support, e-news papers,
internet banking, virtual auctions, online share dealing, gambling on net, e-diversity.
E-Commerce and Online service industries: Online financial services. Online travel
services. Online career services. (15 Hours)

UNIT-V Business Models for E-Commerce- Brokerage Model, Aggregator Model, Info-mediary
model, Community Model, Value chain model, Manufacturer model, advertising Model,
Subscription model.
 Internet Marketing Concepts: Basic marketing concepts for internet marketing, E-commerce
marketing and branding strategies, strengthening the customer relationship. (15 Hours)

Course Outcome:

 Basic knowledge on ‘e-commerce’

 Examine some typical distributed applications
 Detail some of the problems that are encountered when developing distributed applications
 Describe briefly some of the technologies that are used to support distributed applications
 Show how some of the technologies detailed in the course are used in concert to realize a
typical commercial system.

References:
1. E-Commerce Business Technology. Society, Kenneth C. Laudon, Carol Guerico Traver.
2. E-Commerce: Schneider, Thomson Publication.
Text Books:
1. E-Commerce Strategy, technology & applications: by David Whitely
2. Doing Business on the Internet E-COMMERCE (Electronic Commerce for Business): S.
Jaiswal, Galgotia Publications.
3. E-Commerce an Indian Perspective: P.T.Joseph, S.J., PHI.

PROJECT REPORT & VIVA-VOCE

A student can take a live project with any of the industry or a service organization. He/She can also take a
library assignment and choose an appropriate topic with the help of his/her mentor. The details of the marks
distribution have been provided in the Scheme of Examination.

SPECIALIZATION GROUP – I: FINANCE

FINANCIAL MANAGEMENT

OBJECTIVE:
The objective of this course is to help students understand the conceptual framework of
financial management.

UNIT-I Financial Management: Financial goals; Profit vs wealth maximization; Financial functions -
investment, financing, and dividend decisions; Financial planning.
UNIT-II Capital Budgeting: Nature of investment decisions, Investment evaluation criteria, payback
period, accounting rate of return, net present value, internal rate of return profitability index;
NPV and IRR comparison.

UNIT-III Cost of Capital: Significance of cost of capital; Calculating cost of debt; Preference shares,
equity capital, and retained earnings; Combined (weighted) cost of capital.

Operating and financial Leverage: Their measure; Effects on profit, analyzing alternate
financial plans, combined financial and operating leverage.

UNIT-IV Capital Structure: Theories and determinates.

Dividend Policies: Issues in dividend policies; Walter's model; Gordon's model; M.M.

Hypothesis, forms of dividends and stability in dividends, determinants.

UNIT-V Management of Working Capital: Nature of working capital, significance of working capital,
operating cycle and factors determining of working capital requirements, Management of
working capital - cash, recevables, and inventories.

Suggested Reading:
1. Van Home J.C.: Financial Management and Policy; Prentice Hall of India, New Delhi.
2. Khan M.Y. and Jain P.K.: Financial Management, Text and Problems; Tata McGraw Hill,
New Delhi.
3. Prasanna Chandra L Financial Management Theory and practice; Tata McGraw Hill, New
Delhi.
4. Pandey I.M.: Financial Management Vikas Publishing House, New Delhi.
5. Brigham E.F. Gapenski L.C., and Ehrhardt M.C.: Financial Management - Theory and
Practice; Harcourt College Publishers, Singapore.
6. Bhalla V.K.: Modern Working Capital Management, Anmol Pub. Delhi.

FINANCIAL MARKET OPERATIONS

OBJECTIVE:
This course aims at acquainting the students with the working of financial markets in India.

UNIT-I Money Market: Indian money market's composition and structure; (a) Acceptance houses, (b)
Discount houses and (c) Call money market; Recent trends in Indian money market.

UNIT-II Capital Market: Security market - (a) New issue market, (b) Secondary market; Functions and
role of stock exchange; listing procedure and legal requirements; Public issue - pricing and
marketing; Stock exchanges - National Stock Exchange and over the counter exchanges.
UNIT-III Securities contract and Regulations Act: Main provisions.

Investors Protection: Grievances concerning stock exchange dealings and their removal;
Grievance cells in stock exchanges; SEBI; Company Law Board; Press; Remedy through
courts.

UNIT-IV Functionaries on Stock Exchanges: Brokers, sub brokers, market makers, jobbers, portfolio
consultants, institutional investors, and NRIs.

UNIT-V Financial Services: Merchant banking - Functions and roles; SEBI guide-lines; Credit rating -
concept, functions, and types.

Suggested Reading:
1. Chandler M.V. and Goldfeld S.M.: Economics of money and Banking, Harper and Row,
New Delhi.
2. Gupta Suraj B. Monetary Economics; s. chand and Co. New Delhi.
3. Gupta Suraj B. Monetary Planning in India; Oxford, Delhi.
4. Bhole L.M.: Financial Markets and Institutions: Tata McGrow Hill, New Delhi.
5. Hooda R.P.: Indian Securities Market - Investors view point; Excell Books, New Delhi.
6. R.B.I.: Functions and Working.
7. R.B.I.: Report in Currency and Finance.
8. R.B.I.: Report of the Committee to Review the working of the Monetary system:
Chakravarty committee.
9. R.B.I.: Report of the Committee on the Financial System, Narsimham Committee.

SPECIALIZATION GROUP – II: MARKETING

PRINCIPLES OF MARKETING

OBJECTIVE:
The objective of this course is to help students to understand the concept of marketing and its
applications.

UNIT-I Introduction: Nature and scope of marketing; Importnace of marketing as a business function,
and in the economy; Marketing concepts - traditional and modern; Selling vs. marketing;
Marketing mix; Marketing environment.

UNIT-II Consumer Behaviour and Market Segmentation: Nature, scope, and significance of consumer
behaviour; Market segmentation - concept and importance; Bases for market segmentation.

UNIT-III Product: Concept of product, consumer, and industrial goods; Product planning and
development; Packaging role and functions; Brand name and trade mark; after sales service;
Product life cycle concept.
 Price: Importance of price in the marketing mix; Factors affecting price of a product/ service;
Discounts and rebates.

UNIT-IV Distributions Channels and Physical Distribution; Distribution channels - Concept and role;
Types of distribution channels. Factors affecting choice of a distribution channel; Retailer and
holesaler; Physical distribution of goods; Transportation, Warehousing, Inverntory control;
Order processing.

UNIT-V Promotion: Methods of promotion; Optimum promotion mix; Advertising media - their ralative
merits and limitations; Characteristics of an effective advertisement; Personal selling; Selling
as a career; Classification of successful sales person; Functions of salesman.

Suggested Reading:
1. Philip Kotler: Marketing Management Englewood Cliffs; Prentice Hall, N.J.
2. William M. Pride and O.C. Ferrell: Marketing: Houghton - Mifflin Boston.
3. Stanton W.J. Etzel Michael J., and Walker Bruce J. Fundamentals of Marketing; McGraw
Hill, New York.
4. Lamb Charies W., Hair Joseph F. and McDaniel Carl: Principles of Marketing; South-
Western-Publishing, Cincinnati, Ohio.
5. Cravens David W. Hills Gerald E., Woodruff Robert B: Marketing Management: Richard
D. Inwin, Homewood Illinois.
6. Kotler Philip and Armstrong Gary: Principles of Marketing; Prentice Hall of India, New
Delhi.
7. Dr. R.C. Agrawal, Agra.
8. Dr. S.C. Saxena Agra.
9. Dr. S.K. Jain, Hindi Granth Academi. M.P.
10. Dr. N.C. Jain.

INTERNATIONAL MARKETING

OBJECTIVE:
This course aims at acquainting student with the operations of marketing in international
environment.

UNIT-I International Marketing: Nature, definition, and scope of international marketing; Domestic
marketing vs. International marketing; International environment external and internal.

UNIT-II Identifying and Selecting Foreign Market: Foreign market entry mode decisions.

Product Planning for international Market: Product designing; Standardization vs. adaptation;
Branding and packaging; Labeling and quality issues; after sales service.
 International Pricing: Factors Influencing International price; Pricing process-process and
methods; International price quotation and payment terms.

UNIT-III Promotion of Product/Services Abroad: Methods of international promotion; Direct mail and
sales literature; Advertising; Personal selling; Trade fairs and exhibitions.

UNIT-IV International Distribution: Distribution channels and logistics decisions; Selection and
appointment of foreign sales agents.

UNIT-V Export Policy and Practices in India : Exim policy - an overview; Trends in India's foreign
trade; Steps in starting an export business; Product selection; Market selection; Export pricing;
Export finance; Documentation; Export procedures; Export assistance and incentives.

Suggested Reading:
1. Bhattacharya R.L. and Varshney B.: International Mrketing Management; Sultan Chand,
New Delhi.
2. Bhattacharya B.: Export Marketing Strategles for Success; Global Press, New Delhi.
3. Keegan W.J.: Multinational Marketing Management; Prentice Hall, New Delhi.
4. Kriplani V.: International marketing; Prentice Hall New Delhi.
5. Taggart J.H. and Moder Mott. M.C.: The Essence of International Business; Prentice Hall
New Delhi.
6. Kotler Phillip: Principles of Marketing; Prentice Hall New Delhi.
7. Fayer Weather John: International Marketing; Prentice Hall N.J.
8. Caterora P.M. and Keavenay S.M.: Marketing an international Perspective; Erwin
Homewood, Illinois.
9. Paliwala, Stanely J. The Essence of International marketing; Prentice Hall, New Delhi.

SPECIALIZATION GROUP – III: BANKING & INSURANCE

FUNDAMENTALS OF BANKING

OBJECTIVES:
 To make the students understand the Principles and importance of Credit, documentation,
monitoring and control.
 To give students a broad understanding of other functions associated with banking.
 To give students an insight into marketing of banking services and banking technology.

UNIT- I Introduction to the Financial System: History of financial system, pre independence and
post-independence; recent developments in the Indian financial systems. (15 Hours)
UNIT- II Role & functions of banks-Regulatory provisions, RBI Functions, Financial services role and
functions of Capital Markets, Banker – Customer relation – Know your customer (KYC)
(15 Hours)

UNIT- III Opening of an account – Types of Deposit Account, Current deposits; meaning and features,
saving deposits; meaning and features, recurring deposits; meaning and features, fixed deposit/
term deposit; meaning and features. (15 Hours)

UNIT- IV Principles of lending – Various credit facilities – working capital and term loans-Credit
Appraisal Techniques. (15 Hours)

UNIT- V Emerging trends in banking: Electronic payments systems-teller Machines at the Banking
Counters, credit and debit cards, smart cards, Electronic funds transfer systems, mobile and
internet banking. (15 Hours)

Course Outcome:
After studying this paper, the learner should be able to:
1. Describe the context of banking: the financial system.
2. Explain the principles of banking.
3. Elucidate the broad functions of banks.
4. Describe the components of the balance sheets of banks.
5. Elucidate the liability and asset portfolio management "problem" of banks.

References:
1. Maheshwari, S.N. and Maheshwari, S.K. (2005), Banking Law and Practice, Kalyani
Publishers, New Delhi.
2. Mittal R.K., Saini A.K. & Dhingra Sanjay (2008) Emerging Trends in the Banking Sector.
Text Books:
1. Banking Theory and Practice : Shekhar and Shekhar.
2. Principles of Bank Management : Desai and Vasant.

FUNDAMENTALS OF INSURANCE

OBJECTIVE:
This course enables the students to know the fundamentals of insurance.

UNIT-I Introduction to Insurance: Purpose and need of insurance; Insurance as a social security tool;
Insurance and economic development.

UNIT-II Fundamentals of Agency Law: Definition of an agent; Agents regulations; Insurance

intermediaries; Agents Compensation.
UNIT-III Procedure for Becoming an Agent: Prerequisite for obtaining a license; Duration of license;
Cancellation of incense; Revocation or suspension/termination of agent appointment; Code of
conduct; Unfair practices. Functions of the Agent: Proposal form and other forms for grant of
cover; Financial and medical underwriting; Material information; Nomination and assignment;
Procedure regarding settlement of policy claims.

UNIT-IV Company Profile: Organizational set-up of the company; Promotion strategy; Market share;
Important activities; Structure; Product; Actuarial profession; Product pricing actuarial aspects;
Distribution channels.

UNIT-V Fundamental Principles of Life Insurance, Marine, Fire, Medical, General Insurance; Contracts
of various kinds - Insurable Interest.

Suggested Reading:
1. Mishra M.N.: Insurance Principle and Practice; S. Chand and Co., New Delhi.
2. Insurance Regulatory Development Act. 1999.
3. Life Insurance Corporation Act. 1956.
4. Gupta O.S: Life Insurance; Frank brothers, New Delhi.
5. Vinayakam N., Radhaswamy and Vasudevan SV: Insurance - Principles and Practice,
S. Chand and Co. New Delhi.
6. Mishra M.N: Life Insurance Corporation of India, Vols I, II & III; Raj Books, Jaipur.
7. Balchand Shriwastava, Agra.
8. Dr. M.L. Singhai, Ramesh Book Depot, Jaipur.

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