Academic Council

Item No:________________

Parle Tilak Vidyalaya Association’s

MULUND COLLEGE OF COMMERCE
(AUTONOMOUS)

Syllabus for M.Com PART I

Programme: M.Com
(Banking and Finance)
BASED ON LEARNING OUTCOME
CURRICULUM FRAMEWORK (LOCF) & NEP
2020
Semester I & II
with effect from the academic year
2023 – 2024
 AC
Item No:

Parle Tilak Vidyalaya Association’s

MULUND COLLEGE OF COMMERCE (AUTONOMOUS)

Syllabus for Approval

Sr. No. Heading Particulars

1. Title of the Programme M.Com (Banking and Finance)
2. Eligibility for Admission As per the guidelines given by UGC and
University of Mumbai
3. Passing Marks 40%
4. Ordinances / Regulations As applicable for all M.Com. Programmes,
(if, any) University of Mumbai
5. Number of years / Two years – Four Semesters
Semesters
6. Level P.G.

7. Pattern Semester, Choice Based-Credit System under

NEP 2020

8. Status New Under NEP 2020

9. To be implemented from From the Academic Year 2023 – 2024
Academic year
 M.COM (BANKING AND FINANCE ) – PART I

No of Semester Credits No of Semester Credits

Courses Courses

I II

Major Mandatory Major Mandatory

1 Banking Practices and 4 1 Banking Law and Practices 4

Procedures

2 Insurance – Principles and 4 2 Financial Markets 4

Practices

3 Indian Financial System 4 3 Financial Management 4

4 Merger and Acquisition 2 4 Risk Management Techniques 2

Major Mandatory
Major Mandatory
(Electives)
(Electives)

5 Economics for Business 4 5 Macro Economics 4

Decisions Concepts and
Applications

6 Behavioral Finance 4 6 Corporate Financial 4

Accounting

7 Research Methodology for 4 7 OJT/FP 4

Business

Program Coordinator
Dr Shivaji Pawar
 Banking – Practices and Procedures
Program Name – M.Com Semester – I
Course Name: Banking – Practices and Course Code:
Procedures
Vertical : Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To enable students to interpret the theory and functioning of Banks in India
2. To highlight the organization, structure, and role of Banks in Indian economy
3. To understand the role of central Bank and monetary policy in an economy
4. To examine the role of Banks in international operations

Module Name Lectures

1 Introduction to Banking 15
2 Commercial Banking 15
3 Central Banking and Monetary policy 15
4 International Banking 15
Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
 A) Definition of Banks, History of Banking in India, Phases A) U, AN
of Development of Banks in India from Pre Independence
era to Contemporary times,
I B) Services to Different Categories of Customers- Retail,
Corporate, International and Rural.
C) Indian money market – structure and characteristics,
money market instruments B) U, AN
Commercial Banking

A) Role and Functions of Commercial Banks, Types of

Banks B) Customer Relationship Management in Banks -
Meaning and Objectives of CRM in banks, Strategies for
II Expanding Customer Base, Customer Retention U, AN

C) Banking Ombudsman Scheme, , Handling Customer

Grievances

Central Banking and Monetary policy

A)Functions and Objectives of central bank

B) Instruments of monetary control; monetary management in an

open economy

III C) current monetary policy of India. Banking Sector Reforms and R, EV

their Implications on Indian Banking Sector, Recommendations of
Narsimham Committee report
 International Banking AN, EV, A
A) Origin and History, Features, Functions, Reasons for growth
of International Banking,
B) Recent trends, International payment systems, NRI accounts,
Export finance, Import finance, International merchant banking,
IV Remittances, Interbank functions
C) Letter of Credit and Bank Guarantees, Role of LIBOR, Risk in
International Lending, Role of International credit agencies

 Course Outcomes: At the end of the course, students should be able to:

CO 1: To elaborate and describe the working of commercial banks

CO 2: To highlight the organization, structure, and role of Banks in Indian economy
CO 3:To understand the role of central Bank and monetary policy in an economy
CO 4: To examine the role of Banks in international operations

Books and References

 1. Baye, M., Jansen, D. (2006). Money, banking and financial markets. AITBS.
 2. Bhole, L., Mahukud, J. (2017). Financial institutions and markets, 6th
 ed. Tata McGraw-Hill.
 3. Fabozzi, F., Modigliani, F., Jones, F., Ferri, M. (2010). Foundations of
 financial markets and institutions, 4th ed. Pearson Education.
 4. Jadhav, N. (2009). Monetary policy, financial stability and central banking in
 India. Macmillan.
 5. Khan, M. (2015). Indian financial system, 9th ed. Tata McGraw-Hill.
 6. Mishkin, F., Eakins, S. (2017). Financial markets and
 institutions, 8th ed. Pearson.
 7. Mohan, R. (2011). Growth with financial stability: Central banking in an
 emerging market. Oxford University Press.
 8. Various latest issues of RBI Bulletins, Annual Reports, Reports on Currency
 and Finance, and Reports of the Working Group, IMF Staff Papers.

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours
 Question No. Particulars Marks
Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05
B)Sub Questions to be asked 08 and to be answered any
05(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

Question Description Marks

No.
1 Q.1 Two out of three questions (Module I) 15

A
B
C

2 Q.2 Two out of three questions (Module II) 15

A
B
C

3 Q.3 Two out of three questions (Module III) 15

 A
B
C

4 Q.4 Two out of three questions (Module IV) 15

A
B
C
Total 60

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 15% 15% 15% 15% - 100%
Paper
 Insurance – Principles and Practices
Program Name – M.Com Semester – I
Course Name: Business Studies Course Code:
Vertical : Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To familiarize the learner with the concept of Insurance,its history and principles of
Insurance
2. To orient the learners about the procedural aspects of Life, Fire and marine Insurance
3. To acquaint the learners about the legal framework of Insurance business in India
4. To develop an understanding of latest developments of Insurance business in India,
various innovative products in Insurance and prospects of Insurance.

Module Name Lectures

1 Introduction to Insurance 15
2 Life, Fire and Marine Insurance 15
3 Insurance legislation in India 15

4 Innovative Insurance products, Prospects of Insurance companies 15

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Introduction to Insurance: .A)R, U
I A) Concept of Insurance, Definition, Functions, Features,
Evolution of Insurance
 B) R, U
B) Role of Insurance and Importance of Insurance
C)R, U
C.) Principles of Insurance (7 principles of Insurance)

Life, Fire and Marine Insurance

A) Life Insurance - Concept, Classification of policies- On
A) A, U
the basis of duration of policy, method of premium
payments, participation of profit, number of lives
covered, method of payment of claim amounts and non
conventional policies, Conditions relating to policies,
Procedure to make claims.
II B) A, U
B) Marine Insurance – Nature, Types of Marine Insurance
policies, Conditions relating to policies, procedure to make
claims

C) Fire Insurance – Nature, Types of Fire Insurance C) A, U

policies, Conditions relating to policies, Procedure
to make claims.

Insurance legislation in India R,U

A) Insurance Regulatory and Development Authority Act,

1999 A
B) Role of Ombudsman

III
 Innovative Insurance products, Prospects of Insurance AN, C, E
companies:

A) Motor Insurance, Burglary and Personal accident

Insurance, Health Insurance, Miscellaneous forms of
Insurance including social insurance, Rural Insurance

IV B) Liability Insurance, Credit Insurance and surety, Risk

management in Life, and General Insurance

C) Privatisation of Insurance industry, Insurance innovation,

Bancassurance

Course Outcomes:

CO 1: To understand the concept of Insurance,its history and principles of Insurance

CO 2:To analyze the learners about the procedural aspects of Life, Fire and Marine
Insurance
CO 3:To apply the knowledge gained for bringing innovative insurance products.
CO4 : To appreciate the legal framework of Insurance business in India

Books and References

List of Recommended Books:

1. M. N. Srinivasan : Principles of Insurance Law, Wadhwa & Co.

2. Rajiv Jain : Insurance Law and Practice, Vidhi Publication Private Limited

3. Taxmann : Insurance Manual, Taxmann Publication Private Limited

4. Bharat : Manual of insurance Laws, Bharat Publication Private limited

5. Dr. Avtar Singh : Law of Insurance, Universal Publication Pvt. Limited

6. George E. Rejda : Principles of Risk Management and Insurance

7. Principles of Insurance and Management, 6/e. (n.d.). India: S. Chand Limited.

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours
 Question No. Particulars Marks
Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05
B)Sub Questions to be asked 08 and to be answered any
05(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 10% 10% 10% 10% 100%
Paper
 Indian Financial System

Program Name – M.Com Semester – I

Course Name: Indian Financial System Course Code:
Vertical : Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

This course aims at:

CO 1: To outline the intricacies of Indian financial system.

CO 2: To examine the knowledge of various Regulators and institutions of Indian Financial System
CO 3: To interpret the importance of Monetary Policy in an Indian Economy

Unit Details Lectures

I Indian Financial System - An Overview 15
II Regulators of Indian Financial System 15
III Institutions of Indian Financial System 15
IV Monetary Policy 15
Total 60
 R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per Blooms
Taxonomy

Indian Financial System - An Overview

(A) Financial System: An Introduction-Financial System: A) R, U

Meaning, Characteristics, Significance and
Components
(B) Evolution of Financial System in India: Phase I: Pre- B) R, U
1951 organisation, Phase ll: 1951 to Mid-eighties
I organisation, Phase II: Post Nineties Organisation,
Narasimham Committee (1991) on the banking system
in India, Reform of the Banking sector (1992-2008),
Present Status of Banking System
(C) Structure of Indian Financial System: Structure of C) U, A
Indian Financial System- Main functions of these
constituents and respective roles

Regulators of Indian Financial System

(A) Regulations in Financial System: Role and need of A) U, A

Regulations in Financial System
(B) Financial Sector Regulators in an Indian Economy- B) U, A
Reserve Bank of India (RBI), Securities and Exchange
II Board of India (SEBI), Insurance Regulatory and
Development Authority of India (IRDA), Pension
Fund Regulatory and Development Authority
(PFRDA).
(C) Stock Exchanges in India- Objectives, Functions and C) A, AN
significance of stock Exchanges, Working of Stock
Exchange in India.

Institutions of Indian Financial System

(A) Commercial Banks: Evolution, Management and A) U, AN

III Organizational setup, Assets & Liabilities, Theories of
Liquidity Management, Management of Primary &
Secondary Reserve, Management of Loans.
(B) Development Banks in India: Types, functions, B) U, AN
growth, structure & working of Development Banks,
 Non-Banking Financial Companies: Importance,
Scope, Characteristics, Functions, Types, Regulations,
NBFCs
(C) Regional Rural Banks: Objectives, Features, RBI
Assistance, Evaluation, Major RRBs, Insurance C) U, AN
Organisations: Importance, Rationale, Types, Major
Players, Important Regulations

Monetary Policy

(A) Monetary policy: Meaning, Types of Monetary A) U, A

Policies, Objectives of Monetary Policy, Role of
Monetary Policy
IV (B) Monetary Policy Tools -quantitative and qualitative B) U, A
tool, Importance of Monetary Policy, Instruments of
Monetary Policy
(C) Uses and Limitations of Monetary Policy, Fiscal C) U, A
Policy vs Monetary Policy

Course Outcomes:

Learners will able:

CO 1: To summarise the intricacies of Indian Financial System.
CO 2: To recall the knowledge of various regulators and institutions of Indian Financial System.
CO 3: To justify the importance of monetary policy in an Indian Economy.

Books & References:

1. Machiraju, ‘Indian Financial System’ – Vikas Publishing House, 2nd Edition, 2002.
2. Varshney P.N., & Mittal D.K., ‘Indian Financial System’, Sultan Chand & Sons, New Delhi. 2002.
3. Verma J.C., ‘Venture Capital Financing in India’, Sage, New Delhi, 1997.
4. Sadhale H., ‘Mutual Funds in India’, Sage, New Delhi, 1997.
5. L.M. Bhole - Financial institutions & markets, Tata McGraw Hill.
6. P.N. Varshney & D.K., Mittal - India Financial Systems, Sultan Chand & Sons.
7. Shashi K. Gupta, Nisha Aggarwal, Neeti Gupta - Indian Financial System, Kalyani Publishers.
8. Gordan & K. Natarajan - Financial Markets & Services, Himalaya
Examination and Evaluation Pattern
The examination for the students in this course will be held under two heads:
 Continuous Internal Assessment
 Semester End Examination

Type Internal Semester End

Assessment Examination
Total Marks 40 60
Minimum Passing Mark 16 24

Continuous Internal Assessment

The Internal Assessment will consist of one class test of 40 marks for each course excluding projects. The
question paper pattern will be shown as below:

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks

 Questions to be set: 03
 Duration: 1½ hours

Question No. Particulars Marks

Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in the blanks)
OR
Objective Questions
A) Sub Questions to be asked 08 and to be answered any 05 B) Sub Questions
to be asked 08 and to be answered any 05(*Multiple choice/ True or False/
Match the columns/ Fill in the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
 Question Particulars Marks
No.
Q.1 Full length 15
Or
Full length
Q.2 Full length 15
Or
Full length
Q.3 Full length 15
Or
Full length
Q.4 Objective Question (Multiple Choice/ True or False/ Fill in the 15
Blanks/ Match the Columns/ Short Questions.)
Or
Short Notes (Any three out of five)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 15% 15% 15% 15% - 100%
Paper
 Mergers and Acquisition
Program Name – M.Com Semester – I
Course Name: Mergers and Acquisition Course Code:
Vertical : Major (Mandatory )
Periods per week (60 minutes) 02
Tutorial/Lab Work -
Credits 02
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 60 30 12
System Examination Minutes
Internal Continuous 40 20 08
Evaluation Minutes

Objectives of the course:

1. To familiarize the learner with the concept of business, business objectives, new forms
and trends in business.
2. To orient the learners about the various aspects of the business environment
3. To develop an understanding of business planning and business unit promotion.

Module Name Lectures

1 Introduction to Business 15
2 Business Planning and Business Unit Promotion 15
Total 30

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Introduction to Business: .A)R, U
A) Concept, Functions, Significance of business. Traditional and
Modern Concept of business

B) Objectives of Business: Steps in setting business objectives,

B) R, U
I classification of business objectives, Reconciliation of Economic
and Social Objectives

C.) New Trends in Business: Globalization and its impact on

business, Strategy Alternatives -Growth, Retrenchment, C)R, U
Corporate Restructuring and Turnaround Strategies
 D) New Forms of Business D) R, U
Start-ups, E-Commerce – Opportunities and Challenges

Business Planning and Business Unit Promotion

A) Business Environment: Concept, Importance of business A) AN
environment, Constituents of Business Environment: Internal
and External Environment Interrelationship between Business
and Environment.

B) Project Planning: Steps in Business Planning Process

Concept and importance of Project Planning; B) A
II Project Report- Uses and Content, feasibility Study
types, Preparation of Business Plan

C) Business Unit Promotion: Concept and Stages C) A

of Business Unit Promotion, Role of Government in
Promotion of Business Unit, Licensing and
Registration procedure, Filling returns and other
documents, Important legal provisions governing
business.

Course Outcomes:

 CO 1: To understand the concept of business, business objectives, new forms and new
trends in business.
 CO 2:To analyze the various aspects of the business environment.
 CO 3:To apply the knowledge gained for business planning and business unit
promotion.

Examination and Evaluation Pattern

The examination for the students in this course will be held under two heads:
 Continuous Internal Assessment
 Semester End Examination

Type Continuous Internal Semester End Examination

Assessment
Total Marks 20 30
Minimum Passing Mark 8 12

Continuous Internal Assessment

This is continuous evaluation for 20 marks which would include:

 Evaluation type Marks
Online/ Offline Test OR
Assignment OR
Case Study OR
Industrial visit OR
Internship OR 20
Presentation OR
Project

Semester End Examination

 Maximum Marks: 30
 Questions to be set: 02
 Duration 60 Minutes

All Questions are Compulsory Carrying 15 Marks Each

Question No Particulars Marks

Q-1 Answer any 2 out of 3 15

Q-2 Answer any 2 out of 3 15

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 30 Marks

Assessment (20 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 15% 15% - - 100%
Paper
 Economics for Business Decisions
Program Name – M.Com Semester – I
Course Name: Economics for Business Course Code:
Decisions

Vertical : Major (Mandatory )

Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To acquaint the learners with the basic tools of economic theory.
2. To equip the learners with practical applications of economic principles and theories.
3. To prepares learners to analyze the market structure.
4. To widen analytical ability of the students and to provide them a foundation for further
study of economics.

Module Name Lectures

1 Basic Principles in Business Economics 15
2 Demand and Supply analysis: 15
3 Production Decisions and Cost analysis 15

4 Market Structure analysis 15

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Basic principles in Business Economics A) R, U
A) Meaning, Scope and application of business economics in the
I
decision making, twin principles of scarcity and efficiency;
profit maximization principle; market economy and invisible
 hand; production possibility frontier; opportunity cost;
accounting profit and economic profit; market failure,
externality, public goods and economic role of government.
Demand and Supply analysis: A) AN
A) Determinants of demand- market demand function-theory of
attributes, snob appeal, band wagon and Veblen effect and
demand function. Law of supply-elasticity of supply.

B) Applications of elasticity of demand and supply to economic

issues; Paradox of bumper harvest-tax on price and quantity- B) A
II minimum floor and maximum ceilings; minimum wages
controversy and administered price control.

C) The theory of consumer choice-Consumer preference and C) A

budget constraint-equilibrium position of tangency with the help
of indifference curve analysis –effect of changes in price and
income on consumer equilibrium.

Production decisions and Cost analysis A) R,U

A) Production function-short run and long run-Law
of variable proportion, returns to scale, scale
economies, scope economies – least cost factor
combination for a given output – Expansion path and
Multiproduct firm-cost reduction through experience
– learning curve. Economic analysis of Cost:
III Classification of costs, short run and long run cost
functions.
 Market Structure analysis: A) AN
A) Difference between perfectly and imperfectly competitive
markets – Perfect competition and Monopoly as limiting cases of
market imperfections sources of market power – profit
maximization of simple and discriminating monopolist – methods
of measuring monopoly power – public policy towards monopoly
power.

IV
B) Different forms of imperfect competition – Monopolistic B) A
competition and oligopoly – strategic decision making in
oligopoly markets – collusive and non -collusive oligopoly –
colliding oligopoly; rivalry among few, price war and kinked
demand curve – collusive oligopoly models of price
leadership and cartel – basic concepts of game theory – Using
game theory to analyze strategic decisions – application of
model of prisoner’s dilemma in market decisions

Course Outcomes:

 CO1: Understand the economic concepts, theories, laws and principles related to
business units.
 CO2: Understand how choices are made by the consumers and firms to utilize the
resources.
 CO3: Apply economic concepts, theories, laws and principles to business activities.
 CO4: Evaluate the most profitable investment projects available in the future.

 Books and References

1. Salvatore, D.: Managerial Economics in a global economy (Thomson South Western
Singapore, 2001)
2. Frank Robert.H, Bernanke. Ben S., Principles of Economics (Tata McGraw Hill (ed.3)
3. Gregory Mankiw., Principles of Economics, Thomson South western (2002 reprint)
4. Samuelson & Nordhas.: Economics (Tata McGraw Hills, New Delhi, 2002)
5. Hirchey .M., Managerial Economics, Thomson South western (2003)
6. Mehta, P.L.: Managerial Economics – Analysis, Problem and Cases (S. Chand & Sons, N.
Delhi, 2000)
7. Koutsyiannis, A., Modern Microeconomics, Macmillan Press Ltd (1998 Reprint).
8. Varian, Micro-Economic Analysis (ed. 3), Norton, 1992.
9. Dean, Joel: Managerial Economics (Prentice Hall of India, N. Delhi, 2002)
10. Gupta, G.S.: Managerial Economics (Tata McGraw Hill, N. Delhi, 1997)
11. Sen Anindya, Micro -Economics: Theory and Applications, Oxford University Press, New
Delhi, 1999.
 Question Paper Pattern (Internal Assessment)
 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours

Question No. Particulars Marks

Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05
B)Sub Questions to be asked 08 and to be answered any
05(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 15% 15% - - 100%
Paper
 BEHAVIOURAL FINANCE
Program Name – M.Com Semester – I
Course Name: Behavioural Finance Course Code:
Vertical : Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To familiarize the learner with basic aspects of behavioural finance.
2. To acquaint learner on the concept of market bubbles and highlight the issues damaging
financial health of Indian families
3. To bring awareness among students towards rational behaviour of individual towards
investment decision making.
4. To familiarize with external factors and investor behaviour.

Module Name Lectures

1 Introduction of Behavioural Finance 15
2 Market Bubbles and financial Therapy 15
3 Rationality from an economics and evolutionary perspective 15

4 External factors and Investor behaviour 15

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Applicable as per
Unit
Blooms Taxonomy
Introduction to Business:
a) R, U
a) Behavioural Finance – Nature, Scope, Objectives and
Significance and application. History of behavioural
I finance.
b) R, U
b) Psychology – Concept, Nature, Importance, the
psychology of financial markets, the psychology of c) R, U
investor behaviour, behavioural finance market strategies.
 c) Prospect theory – loss aversion theory under Prospects
theory and mental accounting. Investors disposition effect.
Market Bubbles and Financial Therapy:

a) Stock Market Bubbles – History of stock market

bubbles, identification and classification of market A) AN
bubbles, causes of market bubbles, investor behaviour
during market bubbles and trading strategies during
II market bubbles

b) Value Investing and Financial Therapy: Concept, features,

importance, models and strategies of value investing; Financial
Therapy-issues damaging financial health of Indian families,
global financial therapy scenario, financial therapy as a B) R, U
profession; Cognitive Behavioral Therapy (CBT)-behavioral
disorders in capital market investors, types and benefits of CBT
Rationality from an economics and evolutionary
prospective

a) Elsberg’s paradoxes, Rationality from an economics and

evolutionary prospective, dependence on time horizon,
A) R, U
Herbert simon and bounded rationality.
III
b) Limits to Arbitrage, Long – short trades, Risk Vs
Horizon
B) R, U
c) Fundamental risk, Noise trader risk. Expected Utility as a
basis for decision making
C) R, U

External Factors and investor behaviour

a) External factors and investor behaviour; Fear and greed

in financial market, emotions and financial markets A) R, U
IV
b) Geomagnetic storm, statistical methodology for
capturing the effects of external influences onto stock B) AN, EV
market returns.

Course Outcomes:

 CO 1: To understand the concept of behavioural finance and its market strategies.

 CO 2: To analyze the type of economic bubble taking place in stock market.
 CO 3: To understand the rational behaviour of individual towards investment decision
making.
 CO 4: To determine the external factors influencing on investors behaviour towards
financial market.
Books and References

1. Behavioral Finance: Psychology, Decision-Making, and Markets", by Ackert and

Deaves.
2. Understanding Behavioral Finance by Ackert
3. The Psychology of Investing by John R. Nofsinger, Pearson Prentice Hall, (4th Edition)
4. What Investors Really Want - Learn the lessons of behavioral Finance, Meir Statman,
McGrawHill
5. Handbook of Behavioral Finance – Brian R. Bruce , Behavioral finance - Wiley Finance
- Joachim Goldberg, Rüdiger von Nitzsch
6. Plous, Scott, 1993, The Psychology of Judgment and Decision Making, Ch 10-15
7. Shleifer, Andrei, 2000, Are Financial Markets Efficient?, Chapter 1 in Inefficient
Markets, Oxford University Press.
8. Ackert, L., and R. Deaves, 2010, Behavioral Finance: Psychology, Decision-Making
and Markets, South-Western Cengage Learning, Mason, Ohio.
9. Nofsinger, J. R., 2001, Investment Madness, Prentice Hall.
10. Mitchell, O. S., and S. P. Utkus, eds., 2004. Pension Design and Structure: New Lessons
from Behavioral Finance (Oxford University Press, New York, New York).
11. Shleifer, Andrei (2000): Ineffcient Markets: An Introduction to Behavioral
Finance,Oxford University Press, Oxford.
12. Montier, James (2002): Behavioural Finance, John Wiley & Sons, New York.

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours

Question No. Particulars Marks

Q.1 Objective type questions (MCQs/ Tor F..) 10
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 6 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions
 Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

All Questions are Compulsory Carrying 15 Marks Each

Question No Particulars Marks

Q-1 Answer any 2 out of 3 15

Q-2 Answer any 2 out of 3 15

Q-3 Answer any 2 out of 3 15
Q-4 Answer any 2 out of 3 15

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 15% 15% - - 100%
Paper
 Research Methodology for Business
Program Name – M.Com Semester – I
Course Name: Research Methodology Course Code:

for Business
Vertical : Research Methodology
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To enhance the abilities of learners to undertake research in business & social sciences
2. 2 To enable the learners to understand, develop and apply the fundamental skills in formulating
research problems
3. 3 To enable the learners in understanding and developing the most appropriate methodology for
their research
4. 4 To make the learners familiar with the basic statistical tools and techniques applicable for
research.

Module Name Lectures

1 Introduction to Research 15
2 Research Process 15
3 Data Processing and Statistical Analysis 15

4 Research Reporting and Modern Practices in Research 15

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of

Unit Knowledge
I Introduction to Research Applicable as per
Blooms Taxonomy
 Features and Importance of research in business, Objectives R, U
and Types of research- Basic, Applied, Descriptive, Analytical
and Empirical Research.
 Formulation of research problem, Research Design,
 significance of Review of Literature
 Hypothesis: Formulation, Sources, Importance and Types
 Sampling: Significance, Methods, Factors determining
sample size
II Research Process

 Stages in Research process R, U

 Data Collection: Primary data: Observation, Experimentation,
Interview, Schedules, Survey, Limitations of Primary data
 Secondary data: Sources and Limitations, Factors affecting the
choice of method of data collection.
 Questionnaire: Types, Steps in Questionnaire Designing,
Essentials of a good questionnaire
Data Processing and Statistical Analysis

 Data Processing: Significance in Research, Stages in Data A, AN, EV

Processing: Editing, Coding, Classification, Tabulation,
Graphic Presentation
 Statistical Analysis: Tools and Techniques, Measures of
Central Tendency, Measures of Dispersion, Correlation
Analysis and Regression Analysis.
 Testing of Hypotheses – Parametric Test-t test, f test, z test
Non-Parametric Test -Chi square test, ANOVA, Factor
Analysis Interpretation of data: significance and Precautions
in data interpretation
 SPSS: Getting to Know SPSS: Starting SPSS, Working
with data file, SPSS windows, Menus, Dialogue boxes
Research Reporting and Modern Practices in Research

 Research Report Writing: Importance, Essentials, Structure/ A, AN, EV

layout, Types
 References and Citation Methods: APA (American
Psychological Association) CMS (Chicago Manual Style)
MLA (Modern Language Association)
 Footnotes and Bibliography
 Modern Practices: Ethical Norms in Research, Plagiarism,
Role of Computers in Research

Course Outcomes:
Learners would be able to
 Describe the different types of research designs and methods
 Collect appropriate data needed, manipulate and draw inferences,

 Apply knowledge of statistical measures such as central tendency and different measures of
dispersion for analysis
 Apply writing of report for an academic project
Books and References

Research Methodology – Text and Cases with SPSS Applications, by Dr S.L. Gupta and Hitesh Gupta,
International Book House Pvt Ltd
• Business Research Methodology by T N Srivastava and Shailaja Rego, Tata Mcgraw Hill Education
Private Limited, New Delhi
• Methodology of Research in Social Sciences, by O.R. Krishnaswami, Himalaya Publishing House
• Research Methodology by Dr Vijay Upagude and Dr Arvind Shende
• Business Statistics by Dr S. K Khandelwal, International Book House Pvt Ltd
• Quantitative Techniques by Dr S. K Khandelwal, International Book House Pvt Ltd
• SPSS 17.0 for Researchers by Dr S.L Gupta and Hitesh Gupta, 2nd edition, Dr S. K Khandelwal,
International Book House Pvt Ltd
• Kothari CR, Research Methodology- Methods and Techniques, New Wiley Ltd., 2009

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours
Question No. Particulars Marks
Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05
B)Sub Questions to be asked 08 and to be answered any
05(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
  Questions to be set: 04
 Duration: 2 Hours

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 10% 10% 10% 10% 20% 20% 20% - 100%
Paper
 Banking Law and Practices
Program Name – M.Com Semester – I
Course Name: Banking Law and Practices Course Code:
Vertical : Major mandatory Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To interpret various laws applicable to banking sector.
2. To examine provisions applicable to negotiable instrument and its application in
banking operations
3. To assess banker and customer relationship.

Module Name Lectures

1 Primer to Banking Laws 15
2 The Negotiable Instruments Act, 1881 15
3 Legal Aspects of Banking Operations 15
4 Banker-Customer Relationship 15

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Primer to Banking Laws: A) U, AN
A) Select Provisions of:
Reserve Bank of India Act, 1934, Banking Regulation Act,
I
1949, Prevention of Money Laundering Act, 2002 (PMLA)
 B) New Bank Licensing Policy, 2013, Setting Up of a New B) U, AN
Bank, Branch Licensing, Branch Authorisation Policy for
Commercial Banks, , Banking Codes and Standards Board of
India (BCSBI)
The Negotiable Instruments Act, 1881:
The Negotiable Instruments Act, 1881: incorporating the
Negotiable Instruments (Amendment and Miscellaneous
Provisions) Act, 2002; the Negotiable Instruments (Amendment)
II U, AN
Act, 2015, and the Negotiable Instruments (Amendment) Act,
2018 for Notes, Bills & Cheques-Types, Classification and its
characteristics, Modes of Negotiation, Presentment of
Instruments, Rules of Compensation.
Legal Aspects of Banking Operations:
Legal aspects of a Cheque, Definition of a Cheque,
Different Types of Cheques, Crossing of a Cheque, Cheque
Crossed Generally, Cheque Crossed Specially, Payment of
Cheque Crossed Generally Or Specially, Cheque Bearing “Not
Negotiable”, Double Crossing, Definition of Endorsement, Legal
Provisions Regarding Endorsements, General Rules Regarding
the form of Endorsements, Payment in Good Faith, Without
III R, EV
Negligence of An instrument On Which Alteration Is Not
Apparent, Payment By Bank Under Mistake, Legal aspects of
Collection of a Cheque, Holder for Value, Collecting Banker as
An Agent, Statutory Protection to Collecting Bank, Duties of the
Collecting Bank, Negligence of Collecting Bank in Collecting
Cheques Payable to Third Parties, Unclaimed
Deposits/inoperative Accounts in Banks Declaration of Holiday
under the Negotiable instruments Act, 1881
 Banker-Customer Relationship
Requirements to be Called a Bank, Banker-Customer Relationship,
Bank as a Trustee, Bailee-Bailor Relationship, Agent-Principal
Relationship, Lessor and Lessee, Indemnifier and Indemnified,
Different Deposit Products or Services, Services to Customers and
Investors AML-KYC Guidelines Money Laundering & Financing of
Terrorism Risks, AML Framework in India, Know Your Customer
IV
Policy, Organisational Set-up for AML, Obligations under PMLA, Risk
Management, Obligations under International Agreements, FATF
Identified Jurisdictions, Correspondent Banks, Reporting Under
FATCA/ CRS, Reporting Obligations, Implications of Non-compliance
of PMLA Obligations, Secrecy Obligations Operational Aspects of
KYC Know Your Customers (KYC) Norms, Central KYC Records
Registry (CKYCR), Monitoring of Transactions.

Course Outcomes:

 CO 1: To elaborate various laws applicable to banking sector.

 CO 2: To utilise provisions applicable to negotiable instrument and its application in
banking operations.
 CO 3: To relate banker and customer relationship.

Books and References

 Banking Law and Practice, 4th Edition. (2009). India: S. Chand Limited.
 Banking Law and Practice. (2012). India: S Chand.
 (HKIB), H. K. I. o. B. (2012). Banking Law and Practice. Singapore: Wiley.
 Siddiqi, A. H. (1998). Practice and Law of Banking in Pakistan. Pakistan: Royal Book
Company.
 Tannan, M. L., Gupta, R. N. (2017). M L Tannan Banking Law & Practice in
India. India: Lexis Nexis.
 Seth, H. D., Srivastava, A. B., Elumalai, K. (2008). Seth's Banking Laws: Being
Commentaries on Banking Regulation Act as Amended by Banking Regulation
(Amendment) Act, 2007 Along with Securitisation & Reconstruction of Financial
Assets & Enforcement of Security Interest Act, 2002 with Allied Laws &
Rules. India: Law Publishers India.
 Gupta R.K., BANKING Law and Practice in 3 Vols., Modern Law Publications
 Gupta, S. N., Gupta, R., Gupta, S. (1992). The Banking Law in Theory and Practice:
A Comparative Study of the English and Indian Law of Banking. India: Universal
Book Traders.
 Gomez, C. (2011). Banking and Finance: Theory, Law and Practice. India: Prentice
Hall India Pvt., Limited.
 Gomez, C. (2011). Banking and Finance: Theory, Law and Practice. India: Prentice
Hall India Pvt., Limited.
 Question Paper Pattern (Internal Assessment)
 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours

Question No. Particulars Marks

Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05
B)Sub Questions to be asked 08 and to be answered any
05(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 15% 15% 15% 15% - 100%
Paper
 Financial Markets
Program Name – M.Com Semester – I
Course Name: Financial Markets Course Code:
Vertical : Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1.To study the Structure of Indian financial system.
2.To familiarize the students with the structure of money market and capital market
3.To understand the Instruments of money market and capital market.
4.With the understanding of development of the world currency system.
5.To understand the Globalization of Financial Market

Unit Details Lectures

I Introduction to Financial system 15
II Overview of Capital Market 15
III Overview of Money Market 15
IV Overview of Derivatives Market 15
Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per Blooms
Taxonomy
Introduction to Financial system

A. An Overview of Financial System - Structure of A) U, A

Indian financial system, the nature and role of
I financial system, Relationship between financial
system and economic development, Constituents of
Financial System – Primary and Secondary,
Development of Financial Markets in India,
Components of financial system.
 B. Theories –Prior savings theory, Credit creation theory, B) U, A
Theory of post savings, Financial regulation theory,
Financial liberalization theory
Overview of Capital Market

A. Introduction to Capital Market - Structure and A) R, U, A

Growth of the Indian Capital Market, Indian Capital
Market Forms - Industrial Securities , New Issue
markets and Old Issue markets- Introduction, Features,
II Types and Government Securities (Gilt-edged
market)- Introduction, Features, and Types
B) A, AN
B. Ownership Securities – Equity Shares, Preference
Shares, No-par stock- (Introduction, Features and
Types),Creditorship Securities – Debentures –
Introduction, Features, and Types
Overview of Money Market

A. Money market- Meaning, Features, Structure of A) R,U

money market, Regulatory Framework,-
RBI/FIMMDA/FEDAI, Disadvantages of Money
market, Characteristics and Features of developed
money market, Recent development in money
III markets-DFHI, STCI

B. Money Market Instruments-T Bills, Money B) U, A

at short and call notice, Commercial bills, Promissory
notes, Certificate of deposits Commercial- papers,
Banker’s Acceptance CBLO, IBPC, MMMF and LAF,
Recent measures of Monetary Policy in India

Overview of Derivatives Market

A. . Derivatives Market - Meaning, Importance and A) U, A

Need for Derivatives Market, Kinds of financial
derivatives and financial derivatives in India.

B. Globalization of Financial Market - Indigenous B) U,A, AN

Bond markets, Foreign Currency Bond Markets, Euro
market, FDI- Inflows- Outflows, Emerging Trends and
IV Challenges in Global Financial Markets and Impact
of globalization on financial markets

Course Outcomes:

 CO 1: Describe the different components of a financial system and their role.

 CO 2: Explain the recent developments in the financial system
 CO 3: Describe the instruments, participants and operation of the money market
 CO 4: Describe the methods of issuing shares and role of intermediaries in the primary market
  CO 5: Understand the various speculators and describe the speculative activities

Books & References:

1. Pathak, Bahraini. V.P.:Indian Financial System, Pearson Education India

2. Singh, Reith: Dynamics of Indian Financial System, Ane Books Pvt. Ltd.

3. Guruswami,S.Capital Markets, Tata McGraw Hill, New Delhi

4. Khan. M.Y : Indian Financial System,Tata McGraw Hill,New Delhi

5. Avadhani,V.A.,Investment And Security Markets in India, Himalaya Publishing House

Examination and Evaluation Pattern

The examination for the students in this course will be held under two heads:
 Continuous Internal Assessment
 Semester End Examination

Type Internal Semester End

Assessment Examination
Total Marks 40 60
Minimum Passing Mark 16 24

Continuous Internal Assessment

The Internal Assessment will consist of one class test of 40 marks for each course excluding projects. The
question paper pattern will be shown as below:

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks

 Questions to be set: 03
 Duration: 1½ hours

Question No. Particulars Marks

Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05 B)Sub Questions
to be asked 08 and to be answered any 05(*Multiple choice/ True or False/
Match the columns/ Fill in the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions
Semester End Examination
 Maximum Marks: 60
 Questions to be set: 04
 Duration: 2 Hours
Question Particulars Marks
No.
Q.1 Full length 15
Or
Full length
Q.2 Full length 15
Or
Full length
Q.3 Full length 15
Or
Full length
Q.4 Objective Question (Multiple Choice/ True or False/ Fill in the 15
Blanks/ Match the Columns/ Short Questions.)
Or
Short Notes (Any three out of five)

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 15% 15% - - 100%
Paper
 Financial Management
Program Name – M.Com in Advanced
Semester – III
Accountancy Part II
Course Name: Financial Management Course Code:
Vertical : Major (Mandatory )
Periods per week (100 minutes) 02
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To understand the fundamentals of financial management in the context of a
corporate entity.
2. To acquaint learners with different dimensions of financial management with a
focus on the application of the relevant tools and techniques of financial decision
making aimed at shareholder’s wealth maximization.
3. To estimate working capital needs and its management
4. To frame financial policies & strategies in order to do the financial planning

Module Title Lectures

1 Types of Financing 12
2 Investment Decisions – Capital Budgeting 12
3 Management of Working Capital Components 12

4 Financial Planning 12

5 Financial Policies & Corporate Strategies 12

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy

I Types of Financing: U, R
Introduction
 Needs of Finance and Sources: Long Term, Medium Term, Short
Term Long Term Sources of Finance
Owners Capital / Equity Capital Preference share capital
Retained Earning
Debentures or Bonds
Loans from Financial Institutions / Banks Short Term Sources of
Finance
Trade Credit
Accrued Expenses and Deferred Income Advances From
Customers
Commercial Papers
Bank Advances: Loans, O/D, Clean O/Ds, Cash Credit,
Advances against goods, Bills Purchased, Discounted, Advances
against documents of title of goods, Advances against supply of
bills, Term Loans
Inter Corporate Deposits
Certificate of Deposits Public Deposits
Investment Decisions – Capital Budgeting
 Introduction
 Nature of Capital Budgeting
 Purpose of Capital Budgeting
 Capital Budgeting Process
 Types of Capital Investment
 Decisions Project Cash Flows and Net profit Approval
 Basic Principle of Measuring Project Cash Flows:
Increment principle, Long Term Funds Principle,
II Exclusion of Financial Cost Principle, Post Tax U, EV, AN, A
Principle
 Probability technique for measurement of cash flow
 Capital Budgeting Techniques : Net Return Value; Internal
Rate of Return;Profitability Index Methods
 A Comparison; Project Selection Under Capital Rationing
 (Note: Problems on computation of cash flow, ranking of
projects on various techniques, selection and analysis with /
without capital rationing. Comparison of
 IRR with Required rate of return i.e. cut off rate, IRR and
mutually exclusiveprojects with unequal lives, multiple IRR)
 Management of Working Capital Components:
 Management of Cash and Marketable Securities:
Motives for Holding Cash; Objectives of Cash
Management; Factors Determining Cash Needs; Basic
III Strategies of Cash Management; Cash Management
Techniques / Processes; Marketable Securities; and
U, EV, AN
Cash Management Practices in India.
 Receivable Management: Objectives; Credit
Policies; Credit Terms; and Collection Policies.
 Inventory Management: Objectives; and Techniques.
Financial Planning:
 Introduction
 Meaning of Budget
 Essentials of a budget,
U, AN, A
IV  Types of Budgets
 Advantages of Budgeting
 Zero Based Budget
 (Note: Practical Questions on Sales Budget, Production
Budget, Material Budget, Cash Budget and Master
Budget)
Financial Policy & Corporate Strategy:
 Meaning of strategic financial management
V  Strategic financial decision making framework U, R
 Functions of Strategic Financial Management
 Financial Planning

Course Outcomes:

CO 1: To understand the fundamentals of financial management in the context of a corporate

entity.
CO 2: To acquaint learners with different dimensions of financial management with a focus
on the application of the relevant tools and techniques of financial decision making aimed at
shareholder’s wealth maximization.
CO 3: To estimate working capital needs and its management
CO 4: To frame financial policies & strategies in order to do the financial planning

Books and References:

 Prasanna Chandra; Financial Management Theory and Practice

 Tata McGraw Hill; 7th Edition 2. M.Y. Khan & P.K. Jain – Financial Management,
(TMH), 5/e, 2004

 Ashwath Damodaran – Corporate Finance-Theory and Practice – John Wiley & Sons
  I.M. Pandey – Financial Management (Vikas), 9/e, 2005

 Brigham & Earnhardt, Financial Management – Theory & Practice, Thomson

Learning, 10/e – 2004

 Ross, Wester field & Jaffe, Corporate Finance– TMH – 7/e, 2005

 Prasanna Chandra; Financial Management Theory and Practice; Tata McGraw Hill;
7th Edition

 I.M. Pandey – Financial Management (Vikas), 9/e

 Brigham & Houston – Fundamentals of Financial Management, Thomson Cengage

Learning, 1/e

 M.Y. Khan & P.K. Jain – Financial Management (TMH), 5/e

 Damodaran, Corporate Finance – John wiley& Co., 2/e, 2004

 Vanhorne, Financial Management & Policy, Pearson / PHI, 11/e, 2002.

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03

Examination Scheme 60:40

Semester end: Theory Examination 60 Marks
Passing Marks 24 Marks
Continuous Internal Evaluation 40 Marks
Passing Marks 16 Marks
Scheme for Internal Evaluation
1. Online/ Offline Test 40 Marks

OR

2. Any of the following activities for another 40 marks.

Assignment OR
Case Study OR
Industrial visit OR
Internship OR
Presentation OR
Project OR
Research Project
Note:
a. The subject teacher shall specify or approve the mode of continuous evaluation either
individually or in groups, giving at least two weeks of time for submission.
b. The documentation pertaining to continuous evaluation shall be preserved in digital or
physical form up to the next two semesters

Semester End Question Paper Pattern

Maximum Marks: 60
Questions to be set: 04
Duration: 2 Hours

All Questions are Compulsory Carrying 15 Marks Each

Questio Particular Marks

n No
Q-1 Practical Question 15 Marks
OR
Q-1 Practical Question 15 Marks
Q-2 Practical Question 15 Marks
OR
Q-2 Practical Question 15 Marks
Q-3 Practical Question 15 Marks
OR
Q-3 Practical Question 15 Marks
Q-4 Practical Question 15 Marks
OR
Q-4 Practical Question 15 Marks

Note:
i. Practical questions of 15 marks may be divided into two sub questions of 7 marks or
8 Marks each. OR
ii. Practical questions of 15 marks may be divided into two sub questions of 10 marks
and 5 Marks each. OR
iii. Practical questions of 15 marks may be divided into three sub questions of 5 marks
each.

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Assessment (40 Marks) Total

% in Remember Understand Apply Analyze Evaluate
Question 10 15 25 25 25 100%
Paper

Semester End Examination (60 Marks) Total

% in Remember Understand Apply Analyze Evaluate
Question 10 15 25 25 25 100%
Paper
 Risk Management Techniques
Program Name – M.Com Semester – II
Course Name: Risk Management Course Code:
Techniques
Vertical : Major (Mandatory )
Periods per week (60 minutes) 02
Tutorial/Lab Work -
Credits 02
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 60 30 12
System Examination Minutes
Internal Continuous 40 20 08
Evaluation Minutes

Objectives of the course:

1. To familiarize the learner with the concept of risk in business, risk incidence and
develop risk management techniques
2. To acquaint learners about the various types of business risks
3. To develop an understanding of risk analysis, risk assessment and risk matrix

Module Lectures
Name
1 Introduction to Risk 15
2 Risk Analysis 15
Total 30

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Introduction to Risk, .A)R, U
Types of Risks- Systematic and Unsystematic
Risk and its types,
I
Measurement of Risk B) R, U
C) R U
 -
Risk Analysis – Risk Assessment,Risk Management
and Risk Monitoring
A) AN, E
Steps of Risk Management

Concept of ERM, Role & Responsibilities of ERM

Steps, Risk Matrix
II B) A

C) A

Course Outcomes:

 CO 1: To understand the concept of Risk, Risk management

 CO 2:To analyze the various types of risks.
 CO 3:To apply the knowledge gained for doing risk analysis and risk assessment
 CO 4: To determine the evolution and role of ERM

Books and References

 Maheshwari, Rajendra P, Mahajan, J.P. (2011). Business Organization and Management.

International Book House Pvt. Ltd.

 Tulsian, P. C. (2002). Business Organisation and Management. India: Pearson Education.

 Elton, E.J, Gruber, M.J., Brown, S.J, and Goetzmann, W.N. 2003. Modern Portfolio
Theory and Investment Analysis. Hoboken, New Jersey: John Wiley & Sons Ltd.

 Embrechts, P., McNeil, A.J., and Strauman, D. 2002. Correlation and Dependency in Risk
Management: Properties and Pitfalls. In: Dempster, M. (ed), RiskManagement: Value at
Risk and Beyond. Cambridge, England: Cambridge University Press.

 Fama, E.F., and MacBeth, J.D. 1973. Risk, Return and Equilibrium – Empirical
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Examination and Evaluation Pattern

The examination for the students in this course will be held under two heads:
 Continuous Internal Assessment
 Semester End Examination

Type Continuous Internal Semester End Examination

Assessment
Total Marks 20 30
Minimum Passing Mark 8 12

Continuous Internal Assessment

This is continuous evaluation for 20 marks which would include:

Evaluation type Marks

One written tests of 20 marks. (Duration 40 Minutes)

Pattern would be as follows:

Q.1 Short Notes (any 4 of 5) ----------------------------------
20

Semester End Examination

 Maximum Marks: 30
 Questions to be set: 02
 Duration 60 Minutes

All Questions are Compulsory Carrying 15 Marks Each

Question No Particulars Marks

Q-1 Answer any 2 out of 3 15

Q-2 Answer any 2 out of 3 15

 Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 30 Marks

Assessment (20 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 15% 15% - - 100%
Paper
 Macro Economics: Concepts and Applications

Program Name – M. Com Semester – II

Course Name: Macro Economics: Course Code:
Concepts and Applications
Vertical : Major (Mandatory )
Periods per week (60 minutes) 04
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To develop learners understanding of the interrelationships among the various
macroeconomic variables.
2. To prepare the learner with a theoretical base on the Aggregate Income and its
Dimensions.
3. To make learners analyze the International Aspects of Macroeconomic Policy
4. To acquaint the learners with equilibrium and disequilibrium in goods and money
market.

Module Name Lectures

1 Aggregate Income and its Dimensions 15
2 Keynesian concepts of Aggregate Demand (ADF), Aggregate Supply (ASF) 15
3 Economic Policy Implications in the IS-LM framework 15

4 International Aspects of Macroeconomic Policy 15

Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Aggregate Income and its Dimensions A) R, U
A) Aggregate Income and its dimensions: National income
I
aggregates- GNP, GDP, NDP, Real and nominal income
concepts, Green Gross Domestic Product (GGDP), measurement
 of National Income and its difficulties, measures of inflation and
price indices - GDP deflator, - Nominal and real interest rates-
HDI
Keynesian concepts of Aggregate Demand (ADF),
Aggregate Supply (ASF)
A) AN
A) Keynesian concepts of Aggregate Demand (ADF),
Aggregate Supply (ASF), Interaction of ADF and ASF
II and determination of real income; Inflationary gap.
B) Policy trade- off between Inflation and unemployment
– Phillips’ curve – short run and long run. B) A

Economic Policy Implications in the IS-LM framework

A) The IS-LM model: Equilibrium in goods and

money market; Monetary and real influences A) R, U
on IS-LM curves, Economic fluctuations and
III Stabilization policies in ISLM framework -
Transmission mechanism and the crowding
out effect; composition of output and policy
mix, IS-LM in India

International Aspects of Macroeconomic Policy

A) AN, A
A) International aspects of Macroeconomic
policy: Balance of payments disequilibrium
of an open economy - corrective policy
measures -Expenditure changing policies and
IV expenditure switching policies BOP
adjustments through monetary and fiscal
policies -The Mundell-Fleming model -
Devaluation, revaluation as expenditure
switching policies - effectiveness of
devaluation and J - curve effect

Course Outcomes:

 CO 1: Learn the basic theoretical framework underlying the field of

macroeconomics.
 CO2: Gain in depth knowledge about Keynesian and Monetarist policy formulations
as well as the theoretical justifications of such policies.
 CO3: Understand the nature of Economic fluctuations and Stabilization policies in
the economy.
 CO4: Develop an understanding of the interrelationships among the various
macroeconomic variables.
 Books and References

1) Dornbusch. R, Fisher.S., Macroeconomics, Tata McGraw-Hill 9th edition

2) 2) D’Souza Errol., Macroeconomics, Pearson Education 2008 II

3) 3) Gupta G.S., Macroeconomics Theory and Applications, Tata McGraw-Hill, New

Delhi 2001

4) 4) Dwivedi D.N., Macroeconomics theory and policy, Tata McGraw-Hill, New Delhi

2001

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03
 Duration: 1½ hours

Question No. Particulars Marks

Q.1 Objective Questions 10
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
OR
Objective Questions
A)Sub Questions to be asked 08 and to be answered any 05
B)Sub Questions to be asked 08 and to be answered any
05(*Multiple choice/ True or False/ Match the columns/ Fill in
the blanks)
Q. 2 Concept based short questions 10
Students to answer 5 sub questions out of 8 sub questions.
Q. 3 Short questions 20
Students to answer 02 sub questions out of 03 sub questions

Semester End Examination

 Maximum Marks: 60
 Questions to be set: 04
  Duration: 2 Hours

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Semester End Examination of 60 Marks

Assessment (40 Marks)
% in Remember Understand Remember Understand Apply Analyze Evaluate Create
Question 20% 20% - 30% 15% 15% - - 100%
Paper
 Corporate Financial Accounting
Program Name – M.Com in Advanced
Semester – II
Accountancy Part I
Course Name: Corporate Financial Course Code:
Accounting
Vertical: Major (Mandatory )
Periods per week (100 minutes) 02
Tutorial/Lab Work -
Credits 04
Duration Total Minimum Passing Marks
Marks
Evaluation Semester End 120 60 24
System Examination Minutes
Internal Continuous 90 40 16
Evaluation Minutes

Objectives of the course:

1. To understand about Corporate Accounting
2. To introduce learners to the framework of IFRS and Ind-AS
3. To evaluate and analyze Mergers & Acquisitions accounting
4. To orient learners to the proceedings of preparation of Financial Statements

Module Title Lectures

1 Corporate Financial Reporting 15
2 International Financial Reporting Standards (IFRS) & Ind-AS 15
3 Valuation of Business for Amalgamation & Merger 15
4 Consolidated Financial Statements 15
Total 60

R- Remember, U- Understand, A – Apply, AN- Analyze, EV- Evaluate, CR - Create

Module / Proposed Syllabus As per DSC framework of NEP Level of Knowledge

Unit Applicable as per
Blooms Taxonomy
Corporate Financial Accounting:
 Introduction of Financial Reporting
I  Need for reporting R, U, AN
 Contents of Financial Report
 Recent trends in Financial reporting
 International Financial Reporting Standards
(IFRS) & Ind-AS
 Accounting Standards (AS) – applicability, interpretation,
scope and compliance in India R, U, AN, EV
 Introduction to I.F.R.S
II  Ind – AS
 Specific Ind AS:
Borrowing Costs
Operating Segments
Earnings per share
Income Taxes
Accounting for fixed assets
Valuation of Business for Amalgamation & Merger:
III
 Meaning, Need & Approach Methods of valuation U, R, EV, AN
Consolidated Financial Statements: U, AN, EV
 Meaning, Stand Alone Financial Statements
IV Consolidated Financial statements – Applicability, Advantages
& Disadvantages, Procedure of Consolidation of Balance-sheet
& Profit & Loss Account (Excluding cross holding, Chain
Holding & Foreign Subsidiary)

Course Outcomes:

CO 1: Understanding about Corporate Accounting

CO 2: Introducing learners to the framework of IFRS and Ind-AS
CO 3: Evaluating and analyze Mergers & Acquisitions accounting
CO 4: Orienting learners to the proceedings of preparation of Financial Statements

Question Paper Pattern (Internal Assessment)

 Maximum Marks: 40 marks
 Questions to be set: 03

Examination Scheme 60:40

Semester end: Theory Examination 60 Marks
Passing Marks 24 Marks
Continuous Internal Evaluation 40 Marks
Passing Marks 16 Marks
Scheme for Internal Evaluation
1. Online/ Offline Test 40 Marks

OR

2. Any of the following activities for another 40 marks.

Assignment OR
Case Study OR
Industrial visit OR
Internship OR
Presentation OR
Project OR
Research Project
Note:
a. The subject teacher shall specify or approve the mode of continuous evaluation either
individually or in groups, giving at least two weeks of time for submission.
b. The documentation pertaining to continuous evaluation shall be preserved in digital or
physical form up to the next two semesters
 Semester End Question Paper Pattern
Maximum Marks: 60
Questions to be set: 04
Duration: 2 Hours

All Questions are Compulsory Carrying 15 Marks Each

Questio Particular Marks

n No
Q-1 Practical Question 15 Marks
OR
Q-1 Practical Question 15 Marks
Q-2 Practical Question 15 Marks
OR
Q-2 Practical Question 15 Marks
Q-3 Practical Question 15 Marks
OR
Q-3 Practical Question 15 Marks
Q-4 Practical Question 15 Marks
OR
Q-4 Practical Question 15 Marks

Note:
i. Practical questions of 15 marks may be divided into two sub questions of 7 marks or
8 Marks each. OR
ii. Practical questions of 15 marks may be divided into two sub questions of 10 marks
and 5 Marks each. OR
iii. Practical questions of 15 marks may be divided into three sub questions of 5 marks
each.

Percentage of 6 categories of Blooms Taxonomy in question paper

Continuous Internal Assessment (40 Marks) Total

% in Remember Understand Apply Analyze Evaluate
Question 10 15 25 25 25 100%
Paper

Semester End Examination (60 Marks) Total

% in Remember Understand Apply Analyze Evaluate
Question 10 15 25 25 25 100%
Paper