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Institute of Economics & Finance, Bundelkhand University, Jhansi

B.Com. (H) II Semester


BC-1041-BUSINESS MATHEMATICS Maximum Marks: 70

Unit – I Matrix and Determinants-Algebra of matrices, Inverse of a matrix; Solution of system of linear equations (having unique solution and
involving not more than three variables) using matrices, Input Output Analysis.
Unit – II Calculus I-Mathematical functions and their types- linear, quadratic, polynomial, exponential, Logarithmic and logistic function;
Concept and rules of differentiation, Maxima and Minima involving second or higher order derivatives.
Unit –III Calculus II-Partial Differentiation, Partial derivatives up to second order, Homogeneity of functions and Euler’s theorem Total
differentials- Differentiation of implicit functions with the help of total differentials ,Maxima and Minima in cases of two variables ; Integration,
Standard forms, Methods of integration – by substitution, by parts and by use of partial fractions; definite integration, finding areas in simple
cases
Unit- IV Mathematics of Finance-Rates of interest-nominal, effective– and their inter-relationships in different compounding situations;
Compounding and discounting of a sum using different types of rates
Types of annuities, like ordinary, due, deferred, continuous, perpetual, and their future and present values using different types of rates of
interest; Sinking funds
Unit- V Linear Programming-Formulation of linear programming problems (LPP); Graphical solution to LPPs. Cases of unique and multiple
optimal solutions; unbounded solutions and infeasibility, and redundant constraints; Solution to LPPs using Simplex method – maximization
and minimization cases (Only two variables); the dual problem, Formulation of the Dual; Economics interpretation of the duality

BC-1042-COMPUTER APPLICATION Maximum Marks: 70


Unit-I Basic Concepts: Concept, types, Characteristics, Advantages, Applications and limitation of computer; Data Representation
Essential Components of Computers-Hardware, Firmware, Live ware, Software-Relationship between hardware and software; System
Software: Operating System, Translators, interpreter, compiler, assemblers, linkers; Overview of operating system, function of operating
system; Application software: General Purpose Packaged Software and tailor made software.
Unit –II Information Systems: Meaning, Need of an efficient information System, Type of Information system, Information requirement for
Planning, Coordination, and control for various levels in Business, Industry, Basic of data arrangement and Access
Unit-III Net works: LAN, WAN, Wireless Network: Introduction to networking, Importance of networking, Communication devices such as
Modem, Features of Networking
Unit IV Working with word document: Opening an existing document/ creating a new document, Saving, Selecting text, editing text,
Finding and replacing text, Closing, Formatting, Checking and Correcting spellings, Bullets and numbering, Tabs, Paragraph Formatting
, Indent, Page Formatting, Header and Footer, Tables- Formatting the table, Inserting filling and formatting a table
Unit –V Spreadsheet and its Business Applications: Spreadsheet concepts, creating a work book, saving a work book, Editing a work book,
Inserting, deleting work sheets, Entering data in a cell, Formula Copying, Moving data from selected cells, Handling operators in formulae,
Rearranging Worksheet, Project involving multiple spreadsheets, Organizing charts and graphs, Printing worksheet.

BC 1043 MICRO ECONOMICS– II Maximum Marks: 70


Unit-I Monopoly Market Structure: Kinds of monopoly, Monopolist's decision and equilibrium, Shifts in demand curve and the absence of the
supply curve Measurement of monopoly power. Comparison of pure competition and monopoly, the social costs of monopoly power, Price
discrimination, Peak-load pricing.
Unit-II Monopolistic Competition: Monopolistic competition; Features; price and output decision-equilibrium. Monopolistic Competition and
economic efficiency;
Unit-III Oligopoly: Features; Oligopoly and Interdependence - Cournot's duopoly model, Stackelberg model, kinked demand model;
Prisoner's dilemma, collusive oligopoly - price-leadership model - dominant firm, cartels, sales maximization.
Unit-IV Market for Factor Inputs: Determination of factor rewards in perfect input markets in the short & long runs under conditions of perfect
and imperfect commodity markets. Determination of factor rewards under conditions of monophony, monopolistic and monopolistic
exploitation.
Unit-V General Equilibrium and Market Failure: General equilibrium & efficiency (in Pareto optimal terms), Market failure and the sources of
market failure Market power and inefficiency, asymmetric information-quality uncertainty, market signaling, moral hazard, principal-agent
problem, Public goods and externalities.

BC-1044-CORPORATE ACCOUNTING Maximum Marks: 70

Unit-I ACCOUNTING FOR SHARE CAPITAL & DEBENTURES: Issue, forfeiture and reissue of forfeited shares- concept & process of book
building. Issue of rights and bonus shares, Buy back of shares. Redemption of preference shares, Issue and Redemption of Debentures.
FINAL ACCOUNTS: Preparation of profit and loss account and balance sheet of corporate entities, excluding calculation of managerial
remuneration, Disposal of company profits
VALUATION OF GOODWILL AND VALUATION OF SHARES: Concepts and calculation - simple problem only.
Unit-II AMALGAMATION OF COMPANIES: Concepts and accounting treatment as per Accounting Standard: 14 (ICAI) (excluding
intercompany holdings). Internal reconstruction: concepts and accounting treatment excluding scheme of reconstruction.
Unit-III ACCOUNTS OF HOLDING COMPANIES/PARENT COMPANIES: Preparation of consolidated balance sheet with one subsidiary
company. Relevant provisions of Accounting Standard: 21 (ICAI).
Unit-IV BANKING COMPANIES: Difference between balance sheet of banking and non banking company; prudential norms. Asset
structure of a commercial bank, Non-performing assets (NPA)
Unit-V CASH FLOW STATEMENT: Concepts of funds. Preparation of cash flow statement as per Accounting Standard (AS): 3 (Revised)
(ICAI): Indirect method only.

BC-1045-MARKETING MANAGEMENT Maximum Marks: 70

Unit – I-Introduction: Nature, scope and importance of marketing; Evolution of marketing concepts.
Consumer Behavior: Consumer buying process; Factors influencing consumer buying decisions.
Market segmentation: concept, importance and bases; Target market selection; Positioning concept, importance and bases; Product
differentiation vs. market segmentation.
Unit-II-Product: Meaning and importance. Product classifications, Concept of product mix, Branding, packaging and labeling; Product life-
cycle; New Product Development.
Unit –III Pricing: Factors affecting price of a product, Pricing policies and strategies
Unit –IV Promotion: Types of promotion: advertising, personal selling, public relations & sales promotion, and their distinctive
characteristics; Communication planning and control.
Unit –V Distribution: Channels of distribution - meaning and importance; Types of distribution channels, Factors affecting choice of
distribution channel.
Institute of Economics & Finance, Bundelkhand University, Jhansi
B.Com. (H) IV Semester
BC-2041-INDIRECT TAX Maximum Marks: 70
Unit –I Service tax-concepts and general principles, Charge of service tax and taxable services, Valuation of taxable services, Payment of
service tax and filing of returns, Penalties
Unit- II VAT-concepts and general principles, Calculation of VAT Liability including input Tax Credits, Small Dealers and Composition
Scheme, VAT Procedures
Unit –III-Central Excise Law in brief – Goods, Excisable goods, Manufacture and Manufacturer, Valuation, CENVAT, Basic procedures,
Export, SSI, Job Work
Unit- IV Customs laws -Basic concepts of customs law, Territorial waters, high seas, Types of custom duties – Basic, Countervailing &
Anti- Dumping Duty, Safeguard Duty, Valuation, Customs Procedures, Import and Export Procedures, Baggage, Exemptions

BC-2042-FINANCIAL MARKETS, INSTITUTIONS AND FINANCIAL SERVICES Maximum Marks: 70

Unit-I An Introduction To Financial System, its Components – financial markets and institutions. Financial intermediation, Flow of funds
matrix, financial system and economic development. An overview of Indian financial system,
Unit-II Financial Markets: Money market – functions, organization and instruments. Role of central bank in money market. Indian money
market – an overview. Capital Markets – functions, organization and instruments. Indian debt market.Indian equity market – primary and
secondary markets. Role of stock exchanges in India. SEBI and investor protection.
Unit-III Financial Institutions: Commercial banking – introduction, its role in project finance and working capital finance. Development
Financial institutions (DFIs) – overview and role in Indian economy. Life and non-life insurance organizations in India. Mutual Funds –
Introduction and their role in capital market development. Non-banking financial companies (NBFCs).
Unit-IV Overview of financial services industry. Merchant banking – pre and post issue management, underwriting. Regulatory framework
relating to merchant banking in India,
Unit-V Leasing and hire – purchase. Consumer and housing finance. Venture capital finance, Factoring services, bank guarantees and
letter of credit, Credit rating, Financial counseling

BC-2043-BUSINESS STATISTICS Maximum Marks: 70


Unit- I Statistical Data and Descriptive Statistics-Measures of Central Tendency, Mathematical averages including arithmetic mean,
geometric mean and harmonic Mean, Properties and applications; Positional Averages: Mode, Median (and other partition values including
quartiles, deciles, and percentiles)
Measures of Variation: absolute and relative; Range, quartile deviation, mean deviation, standard deviation, and their co-efficient, Properties
of standard deviation/variance
Unit –II Probability Theory- Theory of Probability, Approaches to the calculation of probability; Calculation of event probabilities, Addition
and multiplication laws of probability
Probability distributions: Binomial, Poisson and Normal Distribution
Unit- III Simple Correlation and Regression Analysis Correlation Analysis, Meaning of Correlation; simple, multiple and partial; linear and
non-linear, Causation and correlation, Scatter diagram, Pearson’s co-efficient of correlation; Probable and standard errors, Rank
Correlation; Regression Analysis. Principle of least squares and regression lines, Regression equations and estimation; Standard Error of
Estimates
Unit –IV Index Numbers meaning and uses of index numbers; Construction of index numbers; Tests of adequacy of index numbers, Base
shifting, splicing and deflating, Problems in the construction of index numbers; Construction of consumer price indices, importance share
price indices
Unit –V Time Series Analysis Components of time series, Additive and multiplicative models; Trend analysis, Fitting of trend line using
principle of least squares – linear, second degree parabola, moving averages; Seasonal variations- calculation and uses.

BC-2044-RESEARCH METHODOLOGY Maximum Marks: 70


Unit – I Research: Meaning, Objectives, Types of research, Research Approaches, Motives and significance.
Unit – II Research Methods versus Research Methodology, Research process
Unit – III Research Problem: Definition, Techniques involved in defining the problem. Research design: Meaning, Importance and Features.
Unit – IV Sampling: Meaning, Steps in sampling, Types of sampling. Data collection: Meaning, Types of data, Data Collection Methods,
Measurement & Scaling of Data
Unit – V Hypothesis: Meaning and types, Testing of hypothesis- Z test, t- test and F test, Report writing.

BC-2045-INDIAN ECONOMY Maximum Marks: 70


Unit-I Basic Issues in Economic Development: Concept and Measures of Development and Underdevelopment; Human Development.
Unit-II Basic Features of the Indian Economy at Independence: Composition of national income and occupational structure, the agrarian
scene and industrial structure.
Unit-III Policy Regimes:
a) The evolution of planning and import substituting industrialization.
b) Economic reform and liberalization.
Unit-IV Growth, Development and Structural Change:
a) The experience of Growth, Development and Structural Change in different phases of growth and policy regimes across sectors and
regions.
b) The Institutional Framework: Patterns of assets ownership in agriculture and industry; Policies for restructuring agrarian relations and for
regulating concentration of economic power;
c) Changes in policy perspectives on the role of institutional framework after 1991.
d) Growth and Distribution; Unemployment and Poverty; Human Development; Environmental concerns.
e) Demographic Constraints: Interaction between population change and economic development.
Unit-V Sectoral Trends and Issues:
a) Agriculture: Agrarian growth and performance in different phases of policy regimes i.e. pre green revolution and the two phases of green
revolution; Factors influencing productivity and growth; the role of technology and institutions; price policy, the public distribution system and
food security.
b) Industry and Services: Phases of Industrialization – the rate and pattern of industrial growth across alternative policy regimes; Public
sector – its role, performance and reforms; the small scale sector; Role of Foreign capital.
c) The Financial Sector: Structure, Performance and Reforms. Foreign Trade and balance of Payments: Structural Changes and
Performance of India’s Foreign Trade and Balance of Payments; Trade Policy Debate; Export policies and performance; Macro Economic
Stabilization and Structural Adjustment; India and the WTO.
Institute of Economics & Finance, Bundelkhand University, Jhansi
B.Com. (H) VI Semester

BC-3041-INTERNATIONAL BUSINESS Maximum Marks: 70


Unit – I Introduction to International Business: Globalization and its growing importance in world economy; Impact of globalization.
International Business Environment: National and foreign environments and their components - economic, cultural and political-legal
environments; Global trading environment - recent trends in world trade in goods and services; Trends in India’s foreign trade.
Unit –II Theories of International Trade: an overview, Commercial Policy Instruments - tariff and non-tariff measures. Balance of payment
account and its components.
Unit –III WTO – Its objectives, principles, organizational structure and functioning; an overview of other organizations – UNCTAD, World
Bank and IMF; Commodity and other trading agreements
Unit –IV International Financial Environment: International financial system and institutions; Foreign exchange markets and risk
management; Foreign investments - types and flows; Foreign investment in Indian perspective. Developments and Issues in International
Business: Outsourcing and its potentials for India; Strategic alliances, mergers and acquisitions.
Unit –V Foreign Trade promotion measures and organizations in India; Special economic zones (SEZs) and 100% export oriented units
(EOUs); Measures for promoting foreign investments into and from India; Indian joint ventures and acquisitions abroad.

BC-3042-BUSINESS ETHICS AND RESPONSIBILITY Maximum Marks: 70


Unit- I Thinking Conceptually about Politics: Liberty, Equality, Justice, Rights and Recognition, the Idea of a Good Society. Domain of
Politics and Ethics: Democracy and Welfare State, Market and Globalization.
Unit –II Ethics in Business: Concept of Business Ethics. Corporate Code of Ethics: Environment, Accountability, Responsibility,
Leadership, Diversity, Discrimination.
Unit -III Principles and Theories of Business Ethics: Principles of Business Ethics, Characteristics of Ethical Organization, Theories of
Business Ethics, Globalization and Business Ethics, Stakeholders Protection, Corporate Governance and Business Ethics
Unit –IV Corporate Governance: Conceptual framework of Corporate Governance, Insider Trading, Rating Agencies, Whistle Blowing,
Corporate Governance Reforms, Initiatives in India including clause 49.
Unit –IV Corporate Social Responsibility (CSR): Strategic Planning and Corporate Social Responsibility; Corporate Philanthropy,
Meaning of CSR, CSR and CR, CSR and Corporate Sustainability, CSR and Business Ethics, CSR and Corporate Governance,
Environmental Aspect of CSR, CSR Models, Drivers of CSR, ISO 26000.

BC-3043-BUSINESS COMMUNICATION Maximum Marks: 70


Unit-I Business communication: Meaning, significance, Process and Elements.
Unit-II Various Forms & Dimensions of communication: verbal and non verbal communication.
Unit-III Introduction to the essentials of Business Communication: Theory and practice.
Unit-IV Barriers to communication and effective communication
Unit-V Writing and presentation skills, writing minutes of meetings, E-correspondence, Presentation of business correspondences

OPTIONAL PAPERS-Specialization subject elective- chooses any one from the following group

BC-3044-FUNDAMENTALS OF INVESTMENTS Maximum Marks: 70


Unit-I The Investment Environment - The investment decision process, Types of Investments –Commodities, Real Estate and Financial
Assets, the Indian securities market, the market participants and trading of securities, security market indices, sources of financial
information, Concept of return and risk (including Capital Asset Pricing Model), Impact of Taxes and Inflation on return.
Unit-II Fixed Income Securities - Bond features, types of bonds, estimating bond yields, types of bond risks, default risk and credit rating.
Unit-III Approaches to Equity Analysis: Introductions to Fundamental Analysis, Technical Analysis and Efficient Market Hypothesis,
dividend capitalization models, and price-earnings multiple approach to equity valuation.
Unit-IV Portfolio Analysis and Financial Derivatives: Portfolio and Diversification, Portfolio Risk and Return. Commodities, real estate,
and mutual funds; Introduction to Financial Derivatives, Financial Derivatives Markets in India
Unit-V Investor Protection – SEBI & role of stock exchanges in investor protection, investor grievances and their redressal system, insider
trading, investor’s awareness and activism.

BC-3045-TOTAL QUALITY MANAGEMENT Maximum Marks: 70


Unit-I Introduction - Need for quality - Evolution of quality - Definition of quality- Basic concepts of TQM - Definition of TQM – TQM
Framework.
Unit-II Strategic quality planning, Quality statements - Customer focus – Customer orientation, Customer satisfaction, Customer complaints,
Customer retention - Employee involvement – Motivation, Empowerment, Team and Teamwork, Recognition and Reward, Performance
appraisal - Continuous process improvement – PDSA cycle, 5s, Kaizen - Supplier partnership – Partnering, Supplier selection, Supplier
Rating.
Unit-III The seven traditional tools of quality – New management tools – Six-sigma: Concepts, methodology, applications to manufacturing,
service sector including IT – Bench marking – Reason to bench mark, Bench marking process – FMEA – Stages, Types.
Unit-IV Quality circles–Quality Function Deployment (QFD), TPM – Concepts, Cost of Quality, Performance measures.
Unit-V Need for ISO 9000- ISO 9000-2000 Quality System – Elements, Documentation, Quality auditing- QS 9000 – ISO 14000 –
Concepts, Requirements and Benefits.

BC-3046-SALES MANAGEMENT Maximum Marks: 70


UNIT – I Prelude –Guideline to the students - How Do I Get the Most Out of This Course? Employment Opportunities – in Sales, Marketing
and related areas. Qualities of a Sales Personnel – Knowledge, Skill, Discipline Framework, Evolution of Sales Management – Personal
Selling Strategies, its types; Types of Selling; Difference between Selling and Marketing, Salesperson Vs. Advisor; The Marketing
Management Process; the Modern-Day Sales Activity; Emerging Trends in sales Management. Case Studies
UNIT – 2 Selling and Buying Styles; Selling Situations; Selling Skills; Sales Fundamentals, Warm Calls, Cold Calls, Sales Process, Setting a
Sales goal. Case Studies
UNIT – 3 Types of Sales; Common Sales Approaches: Close/closing, Cold calling, Customer relationship management (CRM), Decision
maker, Networking, The Selling Process; Pre-Sale Preparation; Prospecting; Prequalifying clients, qualifying clients, Sales funnel, Warm
calling; Sales Presentations; Handling objections; Follow-up;B2B Selling; Glossary of Common Terms. Case Studies
UNIT – 4 Data Analytics & Reporting, use of Excel, MS Word and PowerPoint Presentation – Forecasting Market Demand – The Market
Demand Function; Market Demand Forecasting; Marketing DSS, Importance of forecasting, forecasting process, methods; Trend
Projections. Case Studies
UNIT – 5 Sales Force Automation – Concept, Sales Process automation, Customer Relationship Management (CRM), Types of Automation
Tools; Electronic Data Interchange (EDI).Case Studies
Conclusion –Top Sales trainers; Cracking sales interviews

BC-30047-Project Work & Viva-voce Maximum Marks: 100


Institute of Economics & Finance, Bundelkhand University, Jhansi
M.Com. (F) -II SEMESTER
M.Com. (F)-6956-FINANCIAL MANGEMENT Marks: 70

Unit I: Nature of Financial Management, concepts, aims, principle models, Objectives of Financial Management;
Approaches, Financial Modeling
Unit II: Time Value of Money, Valuation of Securities, Risk and Return, Risk Management Using Derivatives Instruments,
Portfolio Theories, Beta Estimation, Cost of Capital
Unit III: Investment Analysis: Capital Budgeting Decisions, Determining Cash Flow for Investment Analysis, Complex
Investment Decision and Risk Analysis in Capital Budgeting
Unit IV: Capital Structure: Instruments of Long and short term sources of funds, Capital Structure Theories, Leverages
Analysis, Corporate Restructuring, Dividend Theories and Policies
Unit V: Working Capital Management Concepts and Approaches, Estimation of Working Capital, Determinants of Working
Capital, Credit Policy, Management of Receivables and Payables, Management of Cash, Marketable Securities,
Management of Inventories, Working Capital Finance.

M.Com. (F)-6957-MARKETING MANAGEMENT Marks: 70

Unit I: Nature and scope of marketing, the Marketing environment and Environment scanning.
Unit II: Marketing information system and Marketing research, Understanding consumer and Industrial markets, Market
segmentation, Targeting and positioning.
Unit III: Product decisions - product mix, product life cycle, new product development, branding and packaging decision,
Pricing methods and strategies, Promotion decisions, Promotion mix, Advertising, Sales promotion, publicity and personal
selling.
Unit IV: logistic Management, selection, cooperation and conflict of channel management.
Unit V: vertical marketing Implementation and systems, Evaluation and control of marketing efforts; new issues in
marketing - Globalization, Consumerism, Green marketing, Relationship Marketing, Legal issues.

M.Com. (F)-6958-FINANCIAL INSTITUTE AND MARKET Marks: 70

Unit I: Nature and scope of financial system and market, an overview of Indian financial system.
Unit II: Money and capital market, money market instruments, recent trend of Indian money and capital market, p-notes,
Meaning, Organization, Objectives, functions, Scopes and challenges.
Unit III: RBI, Commercial banks, development Institutions: IDBI, SIDBI, NABARD.
Unit IV: SEBI- organization, functions and working, UTI, Mutual funds and SIP.
Unit V: None banking financial institutions, Gender Banking, adolescent banks.

M.Com. (F)-6959-BUSINESS ENVIRONMENT Marks: 70

Unit I: concepts, significance, elemets and scanning techniques of business environment.


Unit II: Economic Environment-industrial policy,fiscal policy, monetary policy, EXIM policy.
Unit III: Legal & political Environment-consumer protection act, MRTP act, FERA & FEMA, licensing policies, trend shifting
in legal and political environment.
Unit IV: International and technological Environment- multinational corporations, NRI contributions, WTO, World Bank, IMF,
FDI and Rupee devaluation.
Unit V: Policy environment: liberalization, privatization, and globalization, second generation reform, industrial policy,
growth and changes.

M.Com. (F)-6960-RESEARCH METHODOLOGY Marks: 70

Unit I: Nature, objectives, significance and Scope of Research, types of research, research methodology and research
instruments.
Unit II: Problem Formulation and Statement of Research, Organization Structure of Research; Research Process;
Research Designs - Exploratory, Descriptive and Experimental Research Designs;
Unit III: Methods of Data Collection Observational and Survey Methods; Questionnaire Design; Attitude Measurement
Techniques; Motivational Research Techniques; Administration of Surveys.
Unit IV: data scaling, Discriminate Analysis, Factor Analysis, Conjoint Analysis, Multidimensional Scaling and Clustering
Methods;
Unit V: Sample Design; Selecting an Appropriate Statistical Technique; testing of hypothesis, Z-Test, T-Test, Chi-square
Test, ANOVA, Research Applications and research report.
Institute of Economics & Finance, Bundelkhand University, Jhansi
M.Com. (F) -IV SEMESTER

M.Com. (F)-7961-ACCOUNTING FOR MANAGERIAL DECISIONS Marks: 70


Unit I: Financial Accounting - Concept, Importance and Scope, , Preparation of Financial Statements with special reference
to analysis of a Balance Sheet and Measurement of Business Income, Inventory Valuation and Depreciation.
Unit II: Financial Statement Analysis, Funs Flow Analysis, The Statement of Cash Flows, Management Accounting -
Concept, Need, Importance and Scope and responsibility centers.
Unit III: Cost Accounting - Records and Processes, Cost Ledger and Control Accounts, Marginal Costing and Absorption
Costing.
Unit IV: Reconciliation and Integration between Financial and Cost Accounts; Overhead Cost and control, Job and Process
Costing, Relevant Costing and Costing for Decision - Making, Standard Costing and Variance Analysis.
Unit V: Budget and Budgetary control, Performance Budgeting, Zero Base Budgeting.

M.Com. (F)-7962-CORPORATE LEGAL FRAME WORK Marks: 70


Unit I: The Companies Act, 1956: Definitions and types of companies, Memorandum of association; Articles of association;
Unit II: Prospectus; Share capital and membership; Meetings and resolutions, Winding up and dissolution of companies.
Unit III: Contract Act, 1872: Sale of Goods Act:
Unit IV: The Negotiable Instruments Act, 1881: Definitions, types of negotiable instruments.
Unit V: FEMA, 2000, Consumer Protection Act.

M.Com. (F)-7963-PROJECT PLAANING & MANAGEMENT Marks: 70


Unit I: Identification of Investment Opportunities: Project ideas, screening and scouting of ideas; Environment scanning and
opportunity analysis; Government regulatory framework.
Unit II: Market and Demand Analysis: Demand forecasting, market planning.
Unit III: Technical Analysis: Materials and inputs; Production technology; Product mix; Plant - location and layout; Selection
of plant and equipment.
Unit IV: Cost of Project and Means of Financing and Profitability, project Appraisal Criteria: Social Cost Benefit Analysis.
Unit V: Network Technique for Project Implementation, Monitoring and Control.

OPTIONAL PAPERS
Specialization Subject Elective- choose any one from the followings-

M.Com. (F)-7964-INTERNATIONAL FINANCIAL MANAGEMENT Marks: 70


Unit I: Multinational Financial Management - An overview; History and Evolution of the International Monetary and Financial
system
Unit II: Eurocurrency Market, Euro banking and Euro-currency Centres, Euro-currency Futures and Options, Swaps,
Syndicated Euro-credits; International Bond Markets -Introduction, New Issue Procedures in the Eurobond Markets, Types
and Features of International Bonds; . New Instruments in International Capital Markets, International Banking
Unit III: Capital Budgeting -Application and Interpretation; Cost of Capital and Capital Structure of the Multinational Firm;
Dividend Policy of the Multinational Firm
Unit IV: Balance of Payment; Taxation policy of the Multinational Firm
Unit V: The European Monetary system and Other Regional Artificial Currency Areas ; Risk analysis- Country Risk,
Political Risk; International Portfolio Diversification, International Transfer Pricing.

M.Com. (F)-7965-MANAGEMENT OF FINANCIAL INSTITUTIONS Marks: 70


Unit I: The Role and Importance of Financial Institutions; financial management Models and their Applications in Financial
Institutions; Application of the Wealth Maximization Model to Financial Decisions.
Unit II: Evaluating Risks and Returns of Assets and Liabilities of financial Institutions: Flow of Fund Analysis of the
Borrowing and Lending Behaviour of financial Institutions.
Unit III:, Interest Rate Analysis: Interest Rate in the Financial system: Yield Curve; Risk and Inflation-,
Unit IV: Financial Managements of Commercial Banks; Provisions of RBI's Operations; Credit and Monetary Planning;
Insurance Companies-, Thrift Institutions; Development Banks; Role of Development Banking in Industrial Financing in India.
Capital Adequacy and Capital Planning.
Unit V: Working and Organization of Different Financial Institutions in India like IFCI, ICICI, IDBI, LITI, LIC, Mutual Funds,
and International Aspects of Financial Institutions.

M.Com. (F)-7966-SECURITY ANALYSIS & INVESTMENT MANAGEMENT Marks: 70


Unit I: Investments: Nature, scope, objective and Process of investments analysis, concept of return and risk analysis,
measurement of return and risk: Systematic and Unsystematic Risk.
Unit II: Financial Market: primary market role, function and method of selling securities, appointment of bankers underwriters
brokers register and mangers, allotment of share, Secondary Market : Role, importance, Process, type of brokers, trading
mechanism, , screen based trading Depository role and need; depositories Act 1996 ,Market Indices.
Unit III: Investment Alternatives: Investment instrument of Capital Market and Money Market, Valuation of Fixed and
Variable securities Non Security forms of Investment, Government Securities, Mutual Fund, Real Estate and Gold.
Unit IV: SEBI: organization, Functions and Role, listing of securities in stock exchanges, sources of financial information.
Unit V: Fundamental Analysis: Economic analysis industry analysis and company analysis Technical Analysis: Trends,
indicators, indices and moving average applied in technical analysis. Efficient Market Hypothesis: weak, semi-strong and
strong market and its testing techniques.

M.Com. (F)-70967-Dissertation & Viva-voce


Institute of Economics & Finance, Bundelkhand University, Jhansi
M.A.E. -II SEMESTER
MAE-8026- MICRO ECONOMICS II Maximum Marks: 70

Unit I Oligopoly: non collusive models – Cournot, Bertrand, kinked demand model; collusive models – joint profit maximizing,
market sharing and leadership cartels; Critique of neo-classical theory of firm; Theory of Games – Twp-person, Zero-sum
game, Pure and Mixed strategy, Saddle Point Solution.
Unit-II Alternative theories of firm: Baumol’s Sales maximization model (simple, static without advertisement model) Morris
and Williamson Average/full cost pricing, Bain’s limit pricing model, behaviouralist model of Cyert and March.
Unit-III Neoclassical theory of factor pricing under competitive conditions, with monopolistic power in product market,
monoposonistic power in factor market, bilateral monopoly in factor market, monopoly in factor market. Product exhaustion
problem, Neoclassical theory of rent, quasi-rent, interest and profit. Issues in General Equilibrium analysis
Unit-IV Concept of social welfare, some early criteria, Pareto optimality criterion and efficiency conditions, Bergson’s social
welfare function, idea of theory of second best and Arrow’s impossibility theorem, compensation criterion. Market structure
and welfare maximization, Market failure – case of externality and public goods; and ways of correcting it

MAE-8027- Macroeconomics-II Maximum Marks: 70

Unit-I-The Demand for and supply of money: Classical Approach to Demand for Money – Quantity Theory Approach;
;Fisher’s equilibrium; Cambridge Quantity theory; Keynes Liquidity Approach – Transaction; Precautionary and Speculative
Demand for Money Aggregate Demand for Money; Friedman, Patinkun Baumol and Tobin. Determinants of money supply,
High-powered money, Money multiplies.
Unit-II-Inflation: Definition of Inflation; Economics effects of Inflation – The effect of Inflation of the distribution of Income and
Wealth, The effect of Inflation on output, Employment and the Growth Rate; Demand Side and Supply Side theories of
inflation.
Unit-III-Inflation and unemployment: The Phillips Curve, The Inflationary Pressure Curve: Phillips Curve, Inflationary
Pressure Curve and the Rate of Inflation. The Phillipis Curve; Trade off and Non Trade Off; Adaptive Expectation and
Rational Expectation Keynesianism Vs Monetarism
Unit-IV-Trade Cycles – Models of Samuelson, Hicks and Kaldor, Economic Growth: Harrod- Doman Model; Neo-Classical
Model (with money & without money). International Adjustment: The Determination of National Income in Open Economy;
The International Transmission of Disturbance: Transmission under Fixed Exchange Rate; Transmission under Floating
Exchange Rate (Mundel Fleming Model).

MAE-8028-MONETARY ECONOMICS Maximum Marks: 70

Unit I-Nature and Role of Money and near money; Approaches to the definition of money-empirical definition of money;
Monetary standards-gold and paper; Money and payments system; Value of money- measurement of value of money;
Measures of money supply; Components of money supply; Role, constituents and functions of money and capital markets,
RBI-recent monetary and credit policies; Commercial banks and co-operative banks, Specialized financial and investment
institutions. Non-Bank financial institutions and Regional Rural Banks
Unit II-Theories of Money and Income Theories of demand for money-Classical and Keynes; Money supply-approaches to
the definition of money supply, components of money supply, The H’ theory of money supply, Money multiplier process,
determinants of money multiplier; Keynes’ income theory of money; Neo-classical theory of money.
Unit III-Supply of Credit, Term Structure of Interest Rates The theory of bank credit and bank deposits; Allocation of
institutional credit, factors influencing institutional credit, the credit supply curve; Term structure and risk structure of interest
rates, Theories of term structure of interest rates-Expectations theory, Market segmentation theory, Preferred habitat theory.
Unit IV-Monetary approach and adjustment in the balance of payments; Regional blocs-multilateralism and world trading
system; The Political Economy of imposition of non-tariff barriers; International trade under conditions of imperfect
competition in goods market; Theory of International reserves; Optimum Currency Areas-Theory and impact in the
developed and developing countries; WTO and its impact on the different sectors of the economy.

MAE-8029-Computer Application & MIS Maximum Marks: 70

UNIT-1:Introduction: Concept evolution and meaning of MIS; Goals of MIS; Information system for competitive
advantage; Challenges in the development of MIS, MIS function in an organization.
UNIT-2: Information and Managerial Effectiveness: Information as a corporate resource, types of Information operational,
tactical and strategic; Levels of management and information needs of management; Process of generation of information;
Quality of information; Information systems for finance, marketing, manufacturing, research and development and human
resource areas.
UNIT-3: Decision Support Systems: Evolution of DSS, Objectives of DSS, Classification, Characteristics, Components,
Function, Group DSS, Executive Information System, Relationship between MIS, DSS, EIS & TPS.
UNIT-4: Enterprise Resource Planning: Introduction, Enterprise Modelling (EM), Role of IT in EM, Material Requirement
Planning, Material Resource Planning (MRP-II), BPR, ERP implementation.
UNIT-5: COMPUTER APPLICATION: Introduction, Definition, Characteristics, Function-Operations of a Computer;
Hardware Configuration: RAM, ROM, Input, Output Devices, Storage Devices, Wi-Fi, and Bluetooth; Software: Application
Software: - MS Word; MS-Excel; MS-Power Point; Browser: E-mail, Search Engines, System Software; Limitation of
Computers, Its Security and Maintenance.
Reference: Book: Foundations of IT ByDhiraj Sharma, Excel Books;
Institute of Economics & Finance, Bundelkhand University, Jhansi
M.A.E. -IV SEMESTER
MAE-9031-LABOUR ECONOMICS Maximum Marks: 70
UNIT I-Labour Markets: Nature and characteristics of labour markets in developing countries like India; Demand for labour in relation to size and
pattern of investment; Choice of technologies and labour policies; Supply of labour in relation to growth of labour force; Labour market policies;
Mobility and productivity of labour; Rationalization; Methods of recruitment and placement; Employment service organization in India.
UNIT II-Employment: Employment and development relationship-Poverty and unemployment in developing countries; Unemployment-Concept,
Types, and Measurement, particularly in India; Impact of rationalization, technological change and modernization on employment in organized private
industry, Public sector and employment in agricultural sector; Analysis of educated unemployment; Employment policy in Five Year Plans and its
evaluation.
UNIT III-Wage Determination: Classical, neo-classical and bargaining theories of wage determination; Concepts of minimum wage, living wage and
fair wage in theory and practice; Discrimination in labour markets; Wage determination in various sectors-rural, urban, organized, unorganized and in
informal sectors; Non-wage component of labour remuneration; Inflation-wage relationship at micro and macro levels; Productivity and wage
relationship; Analysis of rigidity in labour markets; National wage policy; Wages and Wage Boards in India; Bonus system and profit sharing.
UNIT IV-Industrial Relations: Theories of labour movement — Growth, pattern and structure of labour unions in India, Achievements of labour
unions; Causes of industrial disputes and their settlement and prevention mechanism; State and social security of labour — Concept of social
security and its evolution; Social assistance and social insurance; Review and appraisal of states policies with respect to social security and labour
welfare in India; Special problems of labour: Child labour, female labour, Discrimination and gender bias in treatment of labour;

MAE-9032-THEORY OF ECONOMIC GROWTH & DEVELOPMENT Maximum Marks: 70


Unit–I Sectoral Aspects of development; Importance of agriculture and industry in economic development, Role of institutions – government and
markets, Poverty-indicators and measurement
Unit-II Trade and development: trade as an engine of growth, two gap analysis, Prebisch, Singer and Murdal views, gains from trade and LDCs; Role
of foreign Direct investment (FDI) and Multinational corporations (MNCs) in the emerging scenario.
Unit-III Objects and role of monetary and fiscal policies in economics development; Choice of techniques and appropriate technology; Investment
Criteria; Cost-benefits analysis
Unit-IV Techniques of planning; Plan Models in India; Planning in a market-oriented economy; Endogenous growth; role of education research and
knowledge-Explanation of Cross country differentials in economic development and growth.

OPTIONAL PAPERS-Choose any one from the followings-


MAE-9033- INDUSTRIAL ECONOMICS Maximum Marks: 70
UNIT I: Framework and Problems of Industrial Economics & Market Structure; Concept and organization of a firm-ownership, control and objectives
of the firm; Passive and active behaviour of the firm. Sellers’ concentration; Product differentiation; Entry conditions; Economies of scale; Market
structure and profitability; Market structure and innovation;
UNIT II: Theories of industrial location -Weber and Sargent Florence; Factors affecting location. Market Conduct Product pricing -Theories and
evidence; Investment expenditure- Methods of evaluating investment expenditure; Theories and empirical evidence on Mergers and acquisitions (M &
As) and diversification
UNIT III: Indian Industrial Growth and Pattern Classification of industries; Industrial policy in India -Role of Public and private sectors; Recent trends
in Indian industrial growth; MNCs and transfer of technology; Liberalization and privatization; Industrial productivity - measurement, partial and total
trends. Pattern of industrialization -Public and private; large and small industries, Industrial structure and economic growth, Economic Reforms and
industrial growth
UNIT IV: Industrial Finance-Owned, external and other components of funds; Role, nature, volume and types of institutional finance-IDBI, IFCI,
SFCs, SIDC, commercial banks, etc.; Financial statement Regional industrial growth in India; Industrial economic concentration and remedial
measures;

MAE-9034- AGRICULTURAL DEVELOPMENT AND POLOCY Maximum Marks: 70


UNIT - I Basic resources in agriculture. Concept of agricultural productivity; economic concept of land, location of agricultural production, Supply
Demand and future requirements of land. Intensity of land-use, Land use planning, Land tenure and land reforms, Critical problems of land in India.
UNIT - II Demand and supply of agricultural labour. concept and measurement of underemployment in Indian agriculture. Wage levels and wage
differentials in agriculture, planning of manpower in agriculture, Critical problem of population in India. Concept of measurement of capital. Theories
of capital formation. Specific problems of capital formation in Indian agriculture.
UNIT - III Agricultural marketing, Basic marketing process for agricultural output, Approach to marketing problems, functional, institutional, commodity
concept of vertical and horizontal integration, cooperative marketing. Marketing institutions in India. Market and marketing channels for agricultural
goods and price spreads, Regulated markets and State intervention. Role of Commission on Agricultural costs and prices, Fluctuations and price
stabilization of agricultural commodities, WTO with particular reference to agriculture.
UNIT - IV Agricultural finance Role of credit in agricultural and rural development Institutional and non-institutional sources of agricultural finance.
Sound system of agricultural credit, Role of money lenders and regulation of money lending. Cooperative credit structure. Role of commercial banks,
Regional rural banks. National Bank for Agricultural and Rural Development, RDI in the financing of agricultural credit. Problem of over dues and
recovery of loans, Magnitudes of over dues, Causes of over dues, Agricultural finance in five year plans.
UNIT - V Planning for traditional agriculture. Welfare economics and agricultural development planning, resource allocation, Basic system of
planning. Philosophy, objectives. methods and techniques of Indian planning with particular reference to agriculture. Types of planning-micro,
regional. sectional. agro-climatic and regional planning

MAE-9035-ENVIRONMENTAL ECONOMICS Maximum Marks: 70


UNIT-I Basic Concepts-Environment-meaning-Nature of Environmental Economics-Scope of Environmental Economics-Ecology-Ecosystem-
Renewable and non-renewable recourses - Environmental Problems in capitalist and socialist economic system-Environmental issues in developed
and developing economics.
UNIT-II Cost benefit analysis-Environmental pollution-sources and causes for pollution-Types of pollution Environmental pollution in India-
Environmental Impact Analysis-policies of pollution control and conservation-cost benefit analysis-protection of Environment.
UNIT-III Population and Environment-Population-Economic growth and Environmental quality-urbanization and Environmental Problems-Second
stage of demographic transition-effects of overpopulation problems and its impact
UNIT-IV Land degradation and Green marketing-Land degradation and Environmental costs of pesticide use- Sustainable agriculture management
- Environmental Management systems and Environmental auditing - green marketing.
UNIT-V Environmental Policies -Policy instruments for Environmental Protection - Environmental Education awareness - Movements in India -
National Environment policy - Environmental Laws in India.

MAE-90036-DISSERTATION & VIVA- VOCE Maximum Marks: 100


Every candidate shall have to submit dissertation at the end of second year. Dissertation report shall carry 50 marks & Viva voce of 50 marks. The
supervisor shall evaluate the dissertation submitted by students for 50 marks and marks list duly signed by the Head of the Department shall be sent
of the Registrar. The dissertation shall be examined jointly by internal and external examiner and the candidate will be required to appear for Viva -
Voce. This shall carry 50 marks. In case of any difference of opinion between external and internal examiners, Head of the Department will take
decision & which shall be binding. Every candidate shall have to prepare a project study/dissertation in the second year. This subject of
Project/Dissertation shall be approved on the recommendations of the supervisor (s) and the Head of the Department.
Institute of Economics & Finance, Bundelkhand University, Jhansi
MBE -II SEMESTER
MBE-6277-Macroeconomic Analysis and Policy Maximum Marks: 70

UNIT-I-Basic macroeconomic model: Income determination, Consumption and Income behavior; Multiplier, Money demand
and supply, Interest rate, Liquidity preference.
UNIT-II-IS-LM analysis, Role and effects of monetary and fiscal policy changes, Deficit financing, Inflation and
interrelationship
UNIT-III-Aggregate demand production function, Labour market aggregate supply, Wage rigidity and involuntary
unemployment, Income policy, rational expectations and demand policy
UNIT-IV-Balance of payments, Exchange rates, Capital flows, and the role of fiscal and monetary policies, Mundell-
Flemming model
UNIT-V-Theories of growth of national income, Structural aspects of growth, Investment and technical progress

MBE-6278-Analyses of Demand and Market Behavior Maximum Marks: 70

UNIT-I-Estimation of demand function: Types of demand functions, elasticity of demand and Demand forecasting.
UNIT-II-Identifying and evaluating marketing opportunities, external environment, Market-mix, Market segment
UNIT-III-Cost and profitability analysis, Pricing arid output budgeting.
UNIT-IV-Understanding consumer behavior, determinants of behavior, Consumer decision making process
UNIT-V-Functional problems: Advertising and promotion, Channel policy, Credit management, Customer services, Product
policy, Personal and non-personal selling

MBE-6279-Operations Research Maximum Marks: 70

UNIT-I-Definition, Scope and Limitations, Linear programming, Assignment problems, Transportation and Transshipment
problems
UNIT-II-Non-linear, Integer, Dynamic and Global programming
UNIT-III-Inventory models replacement, Queuing theory, PERT, CPM and network analysis
UNIT-IV-Theory of Games, Markov analysis.
UNIT-V-Simulations: Use of Monte-Carlo analysis method

MBE-6280-Industrial Economics Maximum Marks: 70

UNIT-I-Industrial structure and market structure, Industrial concentration, Structure-conduct performance paradigms;
Expansion of firms through merger, acquisition and diversification, Role and composition of foreign capital, MNC's and
transfer pricing.
UNIT-II-Role of government in the process of industrialization and collaborative business ventures etc Research and
development, Diffusion of technology, Product and process patent
UNIT-IIII-Economic aspects of industrial efficiency, Measurement of capital utilization, Partial and total factor productivity,
Infrastructure and interdependence of industries, Industrial locations, Regional development and the concept of core
competence of different regions of India
UNIT-IV-Industrial growth and policies after independence, Small scale industries: Scope, viability and problems.
UNIT-V-Industrial growth patterns of the US, Japan, Germany and NICs

MBE-6281-Business Statistics and Econometrics Maximum Marks: 70

UNIT-I-Basic Probability theory: Regression Analysis;


UNIT-II-Binomial distribution, Poisson, Normal and their properties, Central limit theorem
UNIT-III-Elements of statistical inference, Concept of sampling; Distribution of statistic; Tests of significance including Chi-
square, t and F tests; analysis of variance- one way and two-way classification,
UNIT-IV- Estimation of regression parameters, by least squares, BLUE, Multiple linear regression analysis, Problems of
Multi co linearity, autocorrelation
UNIT V- Heteroscedasticity
.

MBE-6282-International Trade And Business Maximum Marks: 70

UNIT-I-Determinants of trade: Classical, neo- classical and modern trade theories, foreign trade, terms of trade, factor
reversals and factor prices, Leontief paradox
UNIT-II-Trade policies: types, impact and economic development.
UNIT-III-International trading systems: from GATT to WTO: TRIPs, TRIMs, and Trade in services. Determination of Foreign
Exchange Rate
UNIT-IV-Terms of trade and distribution of gain from trade, the Prebish -singer theory, Balance of Payment: Mechanism and
Adjustment
UNIT-V-Trading Blocks: EU, NAFTA, East Asia, and special trading arrangements for trade blocks in the Developing
countries- BRICS
Institute of Economics & Finance, Bundelkhand University, Jhansi
MBE-IV SEMESTER

MBE-7276-Business Policy and Strategy Maximum Marks: 70

1. Socio-economic set-up of business in India: Internal and external perceptions.


2. Strategic management decisions: Nature, characteristics and process of strategic management decisions, Strategy
formulation, Defining company missions and goals, K Assessing external environment. Industry analysis, Internal
analysis of the firm.
3. Policy alternative and grand strategies: Concentration market development, product development, innovation, joint
ventures, diversification, retrenchment, divestiture and, liquidation.

MBE-7277-Personnel Management Maximum Marks: 70

1. Organisational goals and human needs. Problems of supervision and motivation at work. Models of human
resource development, Personnel policies and organization of the personnel division.
2. Human resource planning: long-term and short-term perspective, Forecasting manpower demand and supply,
Work-study and. manpower standards.
3. Job decision and strategy: Recruitment and selection, employment tests and interviews; Training and development
of managerial, technical and operating personnel and office-staff Problem of shelf-sitters, Behavioral aspect of
training, Employee protection and representation.
4. Performance appraisal techniques, Succession planning; Career transition, management and career development:
Wages and incentives, earning progression analysis, Group incentives, Workers share in capital, management and
profit.
5. HRM in public and private sectors in India and trans-national companies.

MBE-7278-Economics of Environment and Natural Resource Planning Maximum Marks: 70

1. Emerging paradigms of sustainable economic development and environment degradation/ depletion: Meaning,
measurement and limitations; Theory of externalities. Environment as a public good, Market failure.
2. Developing the framework of fiscal instruments to correct the externalities (Taxation, Deposit refund Scheme,
Compliance Fees Etc.), Market based instruments for Industrial pollution Control; Economic valuation techniques,
Market-based and hedonic price methods.
3. Environmental Audition, Environmental impact analysis (EIA), GIS, Green Accounting.
4. Business firm and environment strategy, Decision-making process, environmental aspect in relation to functional
areas of management, role of employers, managers and workers in environment management.
5. Environment laws and enterprise., international trade, Environment and WTO

MBE-7279-Marketing strategy And Research Maximum Marks: 70

1. Strategic market planning, developing a marketing m i x .


2. Market gridding
3. Product strategy, Pricing strategy
4. Advertising, loco motional strategies, Channel strategy
5. Information system, research process, consumer, product and advertising research

MBE-7280-Financial Derivatives Maximum Marks: 70

1. Introduction: Meaning and purpose of derivatives; Forward contracts, future contracts, options, swaps and other
derivatives; Type of traders; Trading future contracts; Specification of the future contracts; Operation of margins;
Settlement and regulations.
2. Sources of Financial Risk: Credit vs market, default risk, foreign exchange risk, interest rate risk, purchasing
power risk etc.; Systematic and non-systematic risk.
3. Options : Types of Options; Option trading; Margins; Valuation of options; Binomial Option Pricing Model; Black-
Scholes model for Call Options; Valuation of put options; Index options; Option markets, exchange traded options,
over-the-counter options, quotes, trading, margins, clearing: regulation and taxation: Warrants and convertibles.
4. Futures: Hedgers and speculators; Future contracts; Future markets- clearing house, margins, trading, future
positions and taxation; Future prices and spot prices: Forward prices vs future prices; Futures vs options.
5. SWAPS: Mechanics of Interest rate swaps, valuation of interest rate swaps; Currency swaps and its valuation;
Credit risk and swaps.
6. Managing Market Risk: Hedging schemes- delta hedging, theta, gamma; Relationship in delta, theta and gamma;
Vega and rho; Portfolio Insurance.
7. Derivatives Market In India: Present position in India regulation, working and trading activity.

MBE-70281-Disseratation & Viva-voce Maximum Marks: 100


Institute of Economics & Finance, Bundelkhand University, Jhansi
MFC-II SEMESTER

MFC-6231-ACCOUNTING FOR MANAGERIAL DECISIONS Maximum Marks: 70

1. Introduction to Accounting: Management accounting as a area of accounting; Objectives, nature, and scope of financial
accounting, cost accounting, and management accounting; Management accounting and managerial decisions;
Management accountants position, role, and responsibilities.
2. Accounting Plan and Responsibility Centre: Meaning and significance of responsibility accounting; Responsibility
centre cost centre, profit centre and investment centre; Problems in transfer pricing; Objectives and determinants of
responsibility centre.
3. Budgeting: Definition of budget; Essentials of budgeting; Types of budgets - fictional, master, etc.; Fixed and flexible
budget; Budgetary control; Zero-base budgeting Performance budgeting.
4. Standard Costing and Variance Analysis: Standard costing as a control technique; Setting of standards and their
revision; Variance analysis - meaning and importance, kinds of variances and their uses - material, labour and overhead
variances; Disposal of variances; Relevance of variance analysis to budgeting and standard costing
5. Marginal Costing end Break-even Analysis: Concept of marginal cost; Marginal costing and absorption costing, Marginal
costing versus direct costing; Cost-Volume -profit analysis; Break-even analysis; Assumptions and practical applications of
break-even analysis: Decisions regarding sales-mix. make or by decisions and discontinuation of a product line etc.
6. Analyzing Financial Statements: I horizontal. vertical and ratio analyses, Cash flow analysis.
7. Contemporary Issues in Management Accounting: Value chain analysis: Activity based costing: Quality Costing Target
and life - cycle costing.
8. Reporting to management: Objectives of reporting, reporting needs at different managerial levels; Types of reports,
modes of reporting, reporting at different levels of management.

MFC-6232-COMPUTER APPLICATION IN BUSINESS Maximum Marks: 70

1. Computer Hardware: Computer system as information processing system*, Computer system differences - types of
computer systems hardware options - CPU, input devices, output devices, storage devices, communication devices,
configuration of hardware devices and their applications.
2. Personal Computers: PC and its main components, hardware configuration, CPU and clock speed, RAM and secondary
storage devices, other peripherals used with PC; Factors influencing PC performance; PC as a virtual office.
3. Modem Information Technology: Basic idea of Local Area Networks (.LAN) and Wide Area Networks (WAN); E-mail;
Internet technologies, access devices, concept of a World Wide Web and Internet browsing, Multimedia.
4. Introduction to Operating Systems: Software needs, operating systems, application software’s, programming
languages:' DOS; Windows -window explorer, print manager, control panel, paintbrush, calculator, desk top, my computer,
settings, find, run; UNIX.
5. Word Processing: Introduction and working with' MS-Word in MS-Office; Word basic commands; Formatting - text and
documents; Sorting end tables; Working with graphics, Introduction to mall-merge.
6. Spread Sheets: Working with EXCEL - formatting, functions, chart features; Working with graphics In Excel; Using
worksheets as database in accounting, marketing, finance and personnel areas.
7. Presentation with Power-Point: Power-point basics, creating presentations the easy way; Working with graphics In
Power-Point: Show time, sound effects and animation effects.
8. Introduction to Lotus Smart Suite for Data Sheet Analysis: Structure of spreadsheet and Its applications to
accounting, finance and marketing functions of business; Creating a dynamic/sensitive worksheet, concept of absolute
and relative cell reference; Using various built-In functions- mathematical, statistical, logical and finance functions; Goal
seeking and back solver tools, using graphics and formatting of worksheet, sharing data with other desktop applications,
strategies of creating error-free worksheet.
9. Introduction to Accounting Packages: Preparation of vouchers, invoice and statements; Maintenance of inventory
records; Maintenance of accounting books and fins accounts; financial reports generation. Practical knowledge on Wings
Accounting and Wings Trade (Software), Talley etc
9. Introduction to Statistical Packages: Usage of statistical packages for analysis in research –Lotus and Excel, SPSS;
SYSTAT.

MFC-6233-RESEARCH METHODOLOGY Maximum Marks: 70

Unit I: Nature, objectives, significance and Significance of Research, types of research.


Unit II: Research Process, Problem identification and objective formulation, Research Designs.
Unit III: Sample Design; Selecting an Appropriate Statistical Technique; Data scaling & Methods of Data Collection Observational
and Survey Methods.
Unit IV: Data analysis, testing of hypothesis, Z-Test, T-Test, Chi-square Test, ANOVA, Factor Analysis, Conjoint Analysis
Unit V:, Research Applications and research report.
MFC-6234-CORPORATE LEGAL FRAMEWORKS Maximum Marks: 70

1 Indian Contract Act, 1872: Definitions, essentials of a valid contract, offer, acceptance, free consent, consideration,
legality of object, capacity to contract. discharge of contact, consequences of breach of contract.
2. Sale of Goods Act: Definitions, conditions and warranties; Transfer of property, rights of unpaid seller.
3. The Negotiable Instruments Act, 1881: Definitions, types of negotiable instruments; Negotiation; Holder and holder in
due course; Payment in due course; Endorsement and crossing of cheque Presentation of negotiable instruments.
4. The Companies Act, 1956: Definitions and types of companies; Memorandum of association; Articles of association;
Prospectus; Share capital and membership; Meetings and resolutions; Company managements; Winding up and
dissolution of companies.
5. FEMA, 2000.
6. Restrictive and Unfair Trade Practices, Consumer Protection Act: MRTP Act 1969 monopolistic trade practices;
Restrictive trade practices; Unfair trade practices; The Consumer Protection Act 1986.-salient features; Definition of
consumer, rights of consumer; Grievance redresses machinery.
7. SEBI Act, 1992.
8. WTO: Regulatory framework of WTO; Basic principles and charter of WTO; Provisions relating to preferential treatment to
developing countries; Regional groupings; Technical standards; Antidumping duties and other NTBs; Custom valuation;
Dispute settlement, TRIPs and TRIMs.

MFC-6235- INVESTMENT MANAGEMENT Maximum Marks: 70

1. Investment: Nature and scope of investment analysis; Elements of investment return, risk and time elements; Objectives
of investment; Security return and risk analysis; Measurement of return and risk; Approaches to investment analysis.
2. Types of Investments: Financial investments - securities and derivatives, deposits, tax sheltered Investments;
Non-financial investment real estate, gold and other types and their characteristics; Sources of financial information.
3. Fundamental Analysis: Economic analysis, industry analysis and company analysis.
4. Technical Analysis: Various prices and volume indicators, indices and moving averages; Interpretation of various types
of trends and indices.
5. Efficient Market Hypnotisms: Weak, semi-strong and strong market; Testing of different forms of market efficiency and
their significance.
6. Valuation of Fixed income Securities: Bonds, debentures, preference shares, and convertible securities.
7. Valuation of Variable Income Securities: Equity shares
8. Investment by Individuals: Investment policies of individuals; Tax saving schemes India.

MFC-6236- SECURITY MARKET OPERATIONS Maximum Marks: 70

1. Security Markets - Legal Environment: SEBI Act, 1992, Securities Contract Regulation Act 1956, Companies Act 1956
(various provisions relating to securities), RBI rules and guidelines for P11's.
2. Security Markets: Primary and secondary market; Primary market- its role and functions; Methods of selling securities in
primary market; New financial Instruments.
3. New Issues: SEBI guidelines for public issues - pricing of Issue, promoters' contribution, appointment and role of
merchant bankers, underwriters, brokers, registrars and managers, bankers etc; "Under writing of issues; Allotment of
shares; Procedures for new issues; trading.
4. Secondary Market: Role, importance, organization. of stock exchanges; Listing of securities In stock exchanges; Trading
mechanism- screen based trading; Insider trading; Take - over; Internet based trading. .0
5. Depository: Role and need; The Depositories Act, 1996; SEBI (Depositories and Participants Regulation) 1996; SEBI
(Custodian of Securities) Regulation 1996; National Securities Depository Ltd. (NSDL); Depository participant.
6. NSC and OTCEI: National Stock Exchange and Over the Counter Exchange - role, organization and management; Listing
rules, procedure including formats, formalities; Accounting records for buying/ selling transactions; Nature of transactions -
cash and forward: Settlement of trades.
7. Derivative Trading: Future and options- concept, meaning and Importance; Methods of trading; Valuation of options.
8. Funds from International Markets: P11's, Euro issues, ADR, GDR's and FDL Guidelines for liaising finds from the
International markets through various instruments.
9. Credit Rating: Meaning and necessity; Credit rating agencies; Methodology of credit rating.
10. Share Price Indices: Need and importance; Compiling of index numbers and interpretation

MFC-6237- Funds Management in Banks Maximum Marks: 70


1-Liquidity Management in Commercial Banks- Theories of liquidity management, Priorities in the employment of bank
funds; Problems in resource allocation in India
2-Management of Capital Funds in Commercial Funds: Meaning and functions of Capital funds, Necessity of adequate
capital funds; Standard to measure capital adequacy; Present position in India with respect to capital adequacy.
3-Management of Primary Reserves: Nature and purpose of primary reserves; Legal reserve-nature and fiction; Working
reserve- nature and fiction; Cash management in commercial banks.
4-Management of Secondary Reserves: Nature and functions of secondary reserves; Factors influencing the secondary
reserves, Estimation and management of Secondary reserves.
5-Management of Bank Deposits: Relevance of marketing approach to deposit mobilization in banks; Concept of bank
marketing; formulating marketing strategies for commercial banks- Opportunities Analysis; target market, competitive
positioning; Implementing marketing strategies.
6-Management of Bank Loans: Characteristics of commercial loans; Loan policy in a commercial bank; Evaluating loan
application credit information, credit analysis, credit decision; Priority sector lending policies of commercial banks in India.
7-Management of Banks Investments: Nature and principles of security investment of commercial banks; formulating
investment policy; Volume and pattern of investment of commercial banks in India.
8-Performance Evaluation and Monitoring in Banks: Performances of banks- branch expansion, deposit mobilization and
credit deployment; Profitability performance structure and pattern of income and expenditure in commercial banks in India.
9-Banking Sectors Reforms and its Impact on Funds Management: International Banking Standard codes, Basel
Norms, India’s position on International banking practices.
Institute of Economics & Finance, Bundelkhand University, Jhansi
MFC-IV SEMESTER

MFC-7231-STRATEGIC MANAGEMENT Maximum Marks: 70


1. Concept of Strategy: Defining strategy, levels at which strategy operates; Approaches to strategic decision making;
Mission and purpose, objectives and goals; Strategic business unit (SBU); Functional level strategies.,
2. Environmental Analysis and Diagnosis: Concept of environment and its components-, Environment scanning and
appraisal; Organizational appraisal; Strategic advantage analysis and diagnosis; SWOT analysis.
3. Strategy Formulation and Choice of Alternatives: Strategies- modernization, diversification, integration; Merger,
take-over and joint strategies; Turnaround,, divestment and liquidation strategies; Process of strategic choice- industry,
competitor and SWOT analysis; Factors affecting strategic choice; Generic competitive strategies- cost leadership,
differentiation, focus value chain analysis, bench marking, service blue printing.
4. Functional Strategies: Marketing, production! operations and R&D plans and polices.
5. Functional Strategies: Personnel and financial' plans and policies.
6. Strategy Implementation: Inter-relationship between formulation and implementation; Issues In strategy implementation;
Resource allocation.
7. Strategy and Structure: Structural considerations, structures for strategies; Organizational design and change.
8. Strategy Evaluation: Overview of strategic evaluation; Strategic control; Techniques of strategic evaluation and control.
9. Global issues In Strategic Management

MFC-7232-PROJECT PLANING AND CONTROL Maximum Marks: 70


1. Identification of Investment Opportunities: Project ideas, screening of ideas; Environment scanning and opportunity
analysis; Government regulatory framework.
2. Market end Demand Analysis: Information required for market and demand analysis; Sources of Information- primary
and secondary; Demand forecasting.
3. Technical Analysis: Materials and inputs; Production technology; Product mix; Plant - location and layout; Selection of
plant and equipment.
4. Cost of Project and Means of Financing: Major cost components; Means of financing; planning capital structure;
Various financing schemes of financial institutions.
5. Profitability, Financial Projections and Tax Considerations: Cost of production; Break even analysis; Projected
balance sheet, profit and Loss account and cash flows statement; Provisions and considerations for computing taxable
income.
6. Appraisal Criteria end Appraisal Process: Methods, of appraisal under certainty and risk and uncertainty; Investment.
Appraisal in practice; Process followed by financial institutions; Project appraisal techniques.
7. Social Cost Benefit Analysis: Rationale for social cost benefit analysis; Methodology of SCBA; L&M approach and
UNIDO approach; Measurement of the impact on distribution; SCBA in India.
8. Network Technique for Project Implementation, Monitoring and Control: PERT and CPM techniques; Critical path, event
slacks and activity floats; Scheduling to match availability of manpower; Measures Of variability and probability of completion
by a specified date; Project implementation practices in India.

MFC-7233- STRATEGIC FINANCIAL MANAGEMENT Maximum Marks: 70


1. Financial Policy and Strategic Planning: Components of financial strategy, Objectives and goals; Strategic planning
process.
2 Investments Decisions under Risk and Uncertainty: Techniques of investment decision risk adjusted discount rate,
certainty equivalent factor, statistical method, sensitivity analysis and simulation method; Corporate strategy and high
technology investment.
3. Expansion and Financial, Restructuring: Mergers and amalgamations – corporate restructuring. reasons for merger,
legal procedure for merger, benefits and cost of merger; Determination of swap ratios; Evaluation of merger proposal;
Corporate and. Distress restructuring.
4. Leasing: Meaning, importance, types, tax considerations, and accounting considerations. Evaluation of tease from the
point of view of lessor and lessee; Lease versus buy decision.
5. Venture Capital: Concept and developments in India; Process and methods of financing, fiscal Incentives.
6. Financing Strategy: Hybrid securities namely’ convertible and non-convertible debentures deep discount bonds. secured
premium notes, convertible preference shares; Option financing, warrants, convertibles and exchangeable.
7. Corporate Strategy, Financial Policy and Shareholder Value Creation: Linkage between corporate strategy and
financial strategy-, Implications of capital budgeting, capital structure and dividend policy on corporate strategy,
Shareholder value - creation, measurement, and management.
8. Managing Financial Risk with Derivatives: Derivative securities: Hedging risk, Future markets; Forward contracts;
Option contracts; interest rate swaps; Currency contracts

MFC 7234 MANAGEMENT INFORMATION SYSTEM Marks: 70


UNIT-1: Introduction: Concept evolution and meaning of MIS; Goals of MIS; Information system for competitive
advantage; Challenges in the development of MIS, MIS function in an organization.
UNIT-2:Information and Managerial Effectiveness: Information as a corporate resource, types of Information operational,
tactical and strategic; Levels of management and information needs of management; Process of generation of information;
Quality of information; Information systems for finance, marketing, manufacturing, research and development and human
resource areas.
UNIT-3:Decision Support Systems: Evolution of DSS, Objectives of DSS, Classification, Characteristics, Components,
Function, Group DSS, Executive Information System, Relationship between MIS, DSS, EIS & TPS.
UNIT-4:Enterprise Resource Planning: Introduction, Enterprise Modelling (EM), Role of IT in EM, Material Requirement
Planning, Material Resource Planning (MRP-II), BPR, ERP implementation.
UNIT-5:Implementation, Evaluation, Maintenance and Security of System: Methods and steps in implementation of
system; Approaches and process of evaluating MIS. Threats to information systems; Vulnerability, risk and control
measures.
OPTIONAL PAPERS
Specialization subject elective- chooses TWO one from the followings-

MFC-7235-MULTINATIONAL FINANCIAL MANAGEMENT Maximum Marks: 70

1. Multinational Financial Management: Growth and importance of international finance; Types of risk in International
finance; Rewards in international finance.
2. Multinational Working Capital Management: Short-term overseas financing source International management of cash.
Accounts receivables and inventory management.
3. Multinational Investment Decisions: Capital budgeting for multinational corporations.
4. Financing Decision: Cost of capital for foreign investment and designing financial structure.
5. International Financing: Equity financing, bond financing, bank financing, direct loans. Government and development
bank lending.
6. Political Risk: Measurement of political risk, management of political risk, political risk analysis in capital budgeting.
7. Portfolio Investment: Benefits of International portfolio investment, Spreading risk, International capital asset pricing,
International diversification.
8. International Tax Management: Corporate taxes, Value Added Tax (VAT), Withholding Taxes, duties and tariffs; Branch
verses subsidiary taxes. Tax havens.
9. International Accounting and Reporting: foreign currency translations; Multinational transfer pricing and performance
measurement; consolidated financial reporting; International accounting standards.

MFC-7236-DERIVATIVES AND RISK MANAGEMENT Maximum Marks: 70

1. Introduction: Meaning and purpose of derivatives; Forward contracts, fixture contracts, options, swaps and other
derivatives; Type of traders; Trading future contracts; Specification of the future contracts; Operation of margins;
Settlement and regulations.
2. Sources of Financial Risk: Credit vs market, default risk, foreign exchange risk, interest rate risk, purchasing power risk
etc.; Systematic and non-systematic risk.
3. Options: Types of Options; Option trading; Margins; Valuation of options; Binomial Option Pricing Model; Black - Scholes
model for Call Options; Valuation of put options Index options; Option markets. Exchange traded options, over-the-counter
options, quotes, trading, margins, clearing; regulation and taxation; Wan-ants and convertibles.
4. Futures: Hedgers and speculators; Future contracts; Future markets- clearing house, margins, trading, future positions
and taxation; Future prices and spot prices; Forward prices vs fixture prices; Futures vs options.
5. SWAPS: Mechanics of Interest rate swaps, valuation of interest rate swaps; Currency swaps and its valuation; Credit risk
and swaps.
6. Managing Market Risk: Hedging schemes- delta hedging, theta, gamma; Relationship in delta, theta and gamma; Vega
and rho; Portfolio Insurance.
7. Derivatives Market In India: Present position in India regulation. Working and trading activity.

MFC-7237-FINANCIAL DECISIONS ANALYSIS Maximum Marks: 70

1. Application of Liner Programming; Goal Programming; Regression analysis and Simulation Technique in Financial Decision
Making Areas.
2. Corporate Debt Capacity Management Decision; Business Failure and Reorganization - Application of Multiple Discriminate
analysis
3. Decision Tree Analysis; Capital Expenditure Decision under Conditions of Risk and Uncertainty;
Cost-volume-profit analysis under Conditions of Uncertainty;
4. Leasing Vs. Borrowing decisions; Sequences of Decisions; Replacement Decisions; Mergers and Acquisitions; takeover code:
Goodwill and Valuation of Shares; Dividend Valuation Model; Determination of the Exchange Ratio; Legal and Procedural. Aspects
of Merger Decision;
5. Specific Areas and Problems in the Area of Financial Decision Making; Estimation and Projection of Working Capital Decisions.

MFC-7238-FINANCIAL INSTITUTIONS AND MARKETS Maximum Marks: 70


1. Introduction: Nature and rote of financial system; Financial system and financial markets; Financial system and economic
development; Indian financial system - an overview.
2. Financial Markets: Money and capital markets; Money market - meaning, constituents, functions of money market; Money
market instruments call money, treasury bills, certificates of deposits, commercial bills, trade bills etc; Recent trends In Indian
money market; Capital market - primary and secondary market; Depository system; Government securities market; Role of
SEB I - an overview: Recent developments.
3. Reserve Bank of India: Organization, management and functions; Credit creation and credit control; monetary policy.
4. Commercial Banks: Meaning, functions, management and investment policies of commercial banks; Present structure; E-
banking and e-trading; Recent developments in commercial banking.
5. Development Banks: Concept, objectives, and functions of development banks-, Operational and promotional activities of
development banks. IFCI, ICICI. ID111. IRBI, SIDBI. State development banks, state financial corporation.
6. Insurance Sector: Objectives, role, investment practices of LIC and 0 10; Insurance Regulatory and Development Authority-
role mid functions.
7. Unit Trust of India: Objectives, function and various schemes UTI Role of UTI in industrial finance.
8. Non-Banking Financial Institutions: Concept and role of' non-banking financial institute Sources of financial; functions of non-
banking- financial institute investment policies of non banking, financial institution in India.
9. Mutual Funds: Concept, performance appraisal, and regulation of mutual funds (with special reference to SEBI guidelines);
Designing and marketing of mutual funds schemes; Latest mutual fund schemes In India - an overview.
10. Merchant Banking: Concept, functions and growth; Government policy on mar banking services; SEBI guidelines; Future of
merchant banking In India. 11. Interest Rate Structure: Determinants of interest rate structure; Differential interest rate; recent
changes in interest rate structure. 12. Foreign Investments: Types, trends and implications; Regulatory framework for foreign
investments in India

MFC-70238-Project Study & Viva-Voce Maximum Marks: 100


Institute of Economics & Finance, Bundelkhand University, Jhansi
MBA (FM) -II SEMESTER

MBA (FM) 6211 DECISION SUPPORT SYSTEM & MANAGEMENT INFORMATION SYSTEM Marks: 70
UNIT-1:Introduction: Concept evolution and meaning of MIS; Goals of MIS; Information system for competitive
advantage; Challenges in the development of MIS, MIS function in an organization.
UNIT-2:Information and Managerial Effectiveness: Information as a corporate resource, types of Information operational,
tactical and strategic; Levels of management and information needs of management; Process of generation of information;
Quality of information; Information systems for finance, marketing, manufacturing, research and development and human
resource areas.
UNIT-3: Decision Support Systems: Evolution of DSS, Objectives of DSS, Classification, Characteristics, Components,
Function, Group DSS, Executive Information System, Relationship between MIS, DSS, EIS & TPS.
UNIT-4: Enterprise Resource Planning: Introduction, Enterprise Modelling (EM), Role of IT in EM, Material Requirement
Planning, Material Resource Planning (MRP-II), BPR, ERP implementation.
UNIT-5: Implementation, Evaluation, Maintenance and Security of System: Methods and steps in implementation of
system; Approaches and process of evaluating MIS. Threats to information systems; Vulnerability, risk and control
measures.

MBA (FM)-6212- MANAGEMENT SCIENCE Marks: 70


Unit I: Management Science - Basic Concepts and its role in Decision Making; Linear Programming Problem: Graphical and
Simplex Method; Duality
Unit II: Big M Method; Integer Programming Branch and Bound algorithm; Sensitivity Analysis; Goal Programming Problem
Unit III: Transportation Problem and Assignment Problem; Queuing Theory;
Unit IV: Network Analysis Techniques; PERT/CPM; Decision Theory and Decision Trees
Unit V: Inventory Management; Game Theory; Simulation.

MBA (FM)-6213-HUMAN RESOURCE MANGEMENT Marks: 70


Unit I: Concepts and Perspectives on Human Resource Management; Human Resource Management in a Changing
Environment.
Unit II: Corporate Objectives and Human Resource Planning; Career and Succession Planning, Job analysis and Role
Description.
Unit III: selection and recruitment, Manpower Training and Development.
Unit IV: Performance Appraisal and Potential Evaluation, Job Evaluation.
Unit V: Employee Welfare; Industrial Relations & Trade Unions

MBA (FM)-6214- FINANCIAL MANGEMENT Marks: 70


Unit I: Nature of Financial Management: Concepts and Objectives of Financial Management; Approaches of Financial
Management.
Unit II: Time Value of Money, Valuation of Securities, Risk and Return, Beta Estimation, Cost of Capital.
Unit III: Investment Analysis: Capital Budgeting Decisions, Determining Cash Flow for Investment Analysis, Complex
Investment Decision and Risk Analysis in Capital Budgeting
Unit IV: Capital Structure: Instruments of Long and short term sources of funds, Capital Structure Theories, Leverages
Analysis, Dividend Theories and Policies
Unit V: Working Capital Management Concepts and its Types, Estimation of Working Capital, Determinants of Working
Capital, Credit Policy, Receivable Management, Cash Management, Marketable Securities, Inventory Management;

MBA (FM)-6215- MARKETING MANAGEMENT Marks: 70


Unit I: Nature and scope of marketing, the Marketing environment and Environment scanning.
Unit II: Marketing information system and Marketing research, Understanding consumer and Industrial markets, Market
segmentation, Targeting and positioning.
Unit III: Product decisions - product mix, product life cycle, new product development, branding and packaging decision,
Pricing methods and strategies, Promotion decisions, Promotion mix, Advertising, Sales promotion, publicity and personal
selling.
Unit IV: logistic Management, selection, cooperation and conflict of channel management.
Unit V: vertical marketing Implementation and systems, Evaluation and control of marketing efforts; new issues in marketing
- Globalization, Consumerism, Green marketing, Relationship Marketing, Legal issues.

MBA (FM)-6216- RESEARCH METHODOLOGY Marks: 70


Unit I: Nature, objectives, significance and Scope of Research, types of research, .research methodology and research
instruments.
Unit II: Problem Formulation and Statement of Research, Organization Structure of Research; Research Process;
Research Designs - Exploratory, Descriptive and Experimental Research Designs;
Unit III: Methods of Data Collection Observational and Survey Methods; Questionnaire Design; Attitude Measurement
Techniques; Motivational Research Techniques; Administration of Surveys.
Unit IV: data scaling, Discriminate Analysis, Factor Analysis, Conjoint Analysis, Multidimensional Scaling and Clustering
Methods;
Unit V: Sample Design; Selecting an Appropriate Statistical Technique; testing of hypothesis, Z-Test, T-Test, Chi-square
Test, ANOVA, Research Applications and research report.
Institute of Economics & Finance, Bundelkhand University, Jhansi
MBA (FM) -IV SEMESTER
MBA (FM) 7211 Corporate Tax & Goods and Service Tax (C T& GST) Marks: 70
Unit I: Introduction to Tax Management: Concept of tax planning; Tax avoidance and tax evasions; Corporate taxation and dividend tax.
Unit II: Tax Planning for New Business: Tax planning with reference to location, nature and form of organization of new business.
Unit III: Tax Planning and Financial Management Decision: Tax planning relating to capital structure decision, dividend policy, inter-
corporate dividends and bonus shares.
Unit IV: Tax Planning and Managerial Decisions: Tax planning in respect of own or lease, sale of assets used for scientific research, make
or buy decisions; Repair, replace, renewal or renovation, and shutdown or continue decisions.
Unit V: Need and Concept of GST, application of GST, SWOT Analysis of GST in Indian Scenario, Comparison of Indian GST Model &
Canadian GST Model.

MBA (FM)-7212- INTERNATIONAL FINANCIAL MANAGEMENT Marks: 70


Unit I: Multinational Financial Management - An overview; History and Evolution of the International Monetary and Financial system
Unit II: Eurocurrency Market, Euro banking and Euro-currency Centers, , Euro-currency Futures and Options, Swaps, Syndicated Euro-
credits; International Bond Markets -Introduction, New Issue Procedures in the Eurobond Markets, Types and Features of International
Bonds; . New Instruments in International Capital Markets, International Banking
Unit III: Capital Budgeting -Application and Interpretation; Cost of Capital and Capital Structure of the Multinational Firm; Dividend Policy of
the Multinational Firm
Unit IV: Balance of Payment; Taxation policy of the Multinational Firm
Unit V: The European Monetary system and Other Regional Artificial Currency Areas ; Risk analysis- Country Risk, Political Risk;
International Portfolio Diversification, International Transfer Pricing.

MBA (FM)-7213- FUNDS MANAGEMENT IN BANKS Marks: 70


Unit I: Concept of Asset-Liability management NII, NIM, Spread-Management in Banks; pricing a transfer price mechanism, liquidity risk
analysis.
Unit II: Asset securitization, insert rate risk and its management, yield curve and interest rate structure forward rate agreements, interest
rate swaps.
Unit III: Capital adequacy for banks. Prudential guidelines for Banks
Unit IV: Credit risk and pricing of products,
Unit V: The Indian foreign exchange market, Characteristics, Functioning and currency risk

OPTIONAL PAPERS:-Specialization Subject Elective- choose any two from the followings-

MBA (FM)-7214- MANAGEMENT OF FINANCIAL SERVICES Marks: 70

Unit I: Introduction of Financial system and Markets; concept, Nature and Scope of financial Services, Types of Financial Services,
Regulatory Framework for Financial Services
Unit II: Financial Services- Mutual Funds; Merchant Banking Services; Inter-Corporate Loans, Leasing and Hire Purchase; Debt
Securitization; Housing Finance; Credit and Debit cards facilities ; Banking and Insurance facilities ; Venture Capital, Factoring, International
Financial Services
Unit III: Stock Market; Issue Management
Unit IV: Credit Rating Agencies in India.
Unit V: Depository Services in India

MBA (FM)-7215- MANAGEMENT OF FINANCIAL INSTITUTIONS Marks: 70

Unit I: The Role and Importance of Financial Institutions; Categories of Financial Institutions: Depository & Non-Depository Financial
Institutions.
Unit II: Risk faced by Financial Intermediaries: An introduction to Risk Management and the Process of Risk Measurement & Mitigation.
Unit III:, Interest Rate Analysis: Interest Rate in the Financial system: Yield Curve, Risk and Inflation
Unit IV: Financial Managements of Commercial Banks; Banking Law and Regulation: Provisions of RBI's Operations; Capital Adequacy and
Capital Planning; Financial Planning of Financial institution financial Goals and Performa Statements;
Unit V: Insurance Companies-, Thrift Institutions; Development Banks; Role of Development Banking in Industrial Financing in India.
Working and Organization of Different Financial Institutions in India like IFCI, ICICI, IDBI, LITI, LIC, and Mutual Funds & International
Aspects of Financial Institutions

MBA (FM)-7216- FINANCIAL DECISIONS ANALYSIS Marks: 70


Unit I: Application of Liner Programming; Goal Programming; Regression analysis and Simulation technique in Financial Decision Making
Areas.
Unit II: Corporate Debt Capacity Management Decision; Business Failure and Reorganization - Application of Multiple Discriminate analysis
Unit III: Decision Tree Analysis; Capital Expenditure Decision under Conditions of Risk and Uncertainty; Cost-volume-profit analysis under
Conditions of Uncertainty;
Unit IV: Leasing Vs. Borrowing decisions; Sequences of Decisions; Replacement Decisions; Mergers and Acquisitions; takeover code:
Goodwill and Valuation of Shares; Dividend Valuation Model; Determination of the Exchange Ratio; Legal and Procedural. Aspects of
Merger Decision;
Unit V: Specific Areas and Problems in the Area of Financial Decision Making; Estimation and Projection of Working Capital Decisions.

MBA (FM)-7217- WORKING CAPITAL MANAGEMENT Marks: 70


Unit I: Concept of Working Capital Management, Importance of Working Capital, Kinds of Working Capital, Factors Determining Working
Capital, Estimating Working Capital Requirements:
Unit II: Management of Cash - Motives for Holding Cash and marketable securities; Cash System, Managing the Cash Flows, Types of
collection systems, Cash concentration Strategies, Disbursement Tools, Investment in Marketable Securities; Forecasting Cash Flows;
Unit III: Managing Corporate Liquidity and financial Flexibility; Measures of Liquidity, Determining the Optimum Level of Cash Balances -
Baumol Model, Beranek Model, Miller - Orr Model, Stone Model;
Unit IV: Receivable Management - Determining the Appropriate Receivable Policy, Marginal Analysis, Credit Analyze is and Decision,
Heuristic Approach, discriminate Analysis, Sequential Decision Analysis; Inventory Management and Valuation, Inventory Control Models;
Short-term financing,- Programming Working capital Management; Integrating Working Capital and Capital Investment Processes.
Unit V: Monetary System; Money Market in India: Banking System in India; the Restructuring Process; Working Capital Control and
Banking Policy in India: Instruments of the International Money Market; Managing Short-term International Transactions.

MBA (FM)-70218-Project Study & Viva-voce Marks: 100


BA (Hons) Economics II sem
Paper: Introductory Macroeconomics
Maximum Marks: 50 Written Paper: 35 Internal Assessment: 15
Unit –I Lectures: 25
Introduction to Macroeconomics and National Income Accounting
Basic issues studied in macroeconomics; measurement of gross domestic product; income, expenditure and the circular
flow; real versus nominal GDP; price indices; national income accounting for an open economy; balance of payments:
current and capital accounts.
Unit –II Lectures: 20
Money
Functions of money; quantity theory of money; determination of money supply and demand; credit creation; tools of
monetary policy.
Unit –III Lectures: 20
Inflation
Inflation and its social costs; hyperinflation.
Unit –IV Lectures: 25
The Closed Economy in the Short Run
Classical and Keynesian systems; simple Keynesian model of income determination; IS-LM
model; fiscal and monetary multipliers.
Readings:
1. Dornbusch, Fischer and Startz, Macroeconomics, McGraw Hill, 11th edition, 2010.
2. N. Gregory Mankiw. Macroeconomics, Worth Publishers, 7th edition, 2010.
3. Olivier Blanchard, Macroeconomics, Pearson Education, Inc., 5th edition, 2009.
4. Richard T. Froyen, Macroeconomics, Pearson Education Asia, 2nd edition, 2005.

Semester: II Paper: Mathematical Methods for Economics II


Maximum Marks: 50 Written Paper: 35 Internal Assessment: 15
Unit –I Lectures: 20
Differential equations
Unit –II Lectures: 20
Linear algebra
Vector spaces: algebraic and geometric properties, scalar products, norms, orthogonality;linear transformations: properties,
matrix representations and elementary operations;systems of linear equations: properties of their solution sets;
determinants:characterization, properties and applications.
Unit –III Lectures: 25
Functions of several real variables
Geometric representations: graphs and level curves; differentiable functions:characterizations, properties with respect to
various operations and applications; secondorder derivatives: properties and applications; the implicit function theorem,
andapplication to comparative statics problems; homogeneous and homothetic functions:characterizations and applications.
Unit –IV Lectures: 25
Multi-variable optimization
Convex sets; geometric properties of functions: convex functions, their characterizations,properties and applications;
further geometric properties of functions: quasiconvex functions, their characterizations, properties and applications;
unconstrainedoptimization: geometric characterizations, characterizations using calculus andapplications; constrained
optimization with equality constraints: geometric characterizations, lagrange characterization using calculus and
applications; properties ofvalue function: envelope theorem and applications.

Readings:
K. Sydsaeter and P. Hammond, Mathematics for Economic Analysis, Pearson
Educational Asia: Delhi, 2002.

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