Enclosure to Item No. 4lalalibrary.weebly.com/uploads/1/2/4/0/12405653/bcom12.pdfEnclosure to Item No. 4.72 A ... Features- Oligopoly: Features-Case Studies. (15 Lectures) Module VI

Enclosure to Item No. 4.72 A.C. 25/05/2011

UNIVERSITY OF MUMBAI

Syllabus for the F.Y.B.Com. Program : B.Com

Course : Business Economics-I

(Credit Based Semester and Grading System with

effect from the academic year 2011‐2012)

Business Economics a. Section I of the syllabus for semester 1 and section II for semester 2 b. 40 marks may be split into –

i) 2 tests of 10 Marks each. In this 6 marks will be of objective type questions and 4 marks for case studies. ii) 10 marks for project or assignment and iii) 10 marks for attendance and class participation

c. End of the Semester Test for 60 marks will cover 3 Modules each in both the Semesters.

The Pattern of Question Paper. (End of the Semester Test for 60 marks)

Four questions in all. All the questions are COMPULSORY. There will internal choice. Each question will for 15 marks. Q1. (From Module I) A B OR

A B Q2. (From Module II) A B OR

A B Q 3. (From Module III) A B OR

A B

Q.4 (Explanatory Notes- Any Two) (One Explanatory Note each from Module I, II and III)

A. B C OR

A. B C

-------------------------------------------------------------------------------------------- F.Y.B.COM

CORE SUBJECT: BUSINESS ECONOMICS PAPER I SYLLABUS FOR

SEMESTER I and II SEMESTER- I

Objectives- The objective of the course is to familiarize the students with the basic concepts of microeconomics and its application to business situations. The syllabus is meant to guide the students in understanding the real world market situations and how it can be used as a practical goal for decision-making. Module I - Demand Analysis Utility: Cardinal and Ordinal approaches - Indifference Curve Approach: Properties of Indifference Curves, Consumer’s Equilibrium, Price effect, Derivation of demand curve from PCC. - Consumer’s Surplus- Elasticity of demand; Income, Cross and Promotional- Case Studies- Demand Forecasting: meaning , significance and methods- Case Studies. (15 Lectures) Module II- Theory of Production Production function; Short Run and Long Run - Law of Variable Proportions- Iso-quant- Producer’s Equilibrium- Returns to Scale- Economies of Scale- Economies of Scope- Case Studies. (15 Lectures)Module III Cost Analysis A. Concepts: Social and Private costs, Economic and Accounting Costs, Fixed and Variable Costs-Opportunity Cost. B. Behavior of Cost Curves: Short Run and Long Run. C. Learning Curve-Producer’s Surplus- Case Studies. (15 Lectures)

SEMESTER- II Module IV Revenue Concepts: Total Revenue- Average revenueand Marginal Revenue under Perfect Competition and Monopoly-Relationship between Average Revenue, Marginal Revenue and Elasticity of Demand-Objectives of a Firm:Profit, Sales and Growth Maximization - Break- Even Analysis- Case Studies. (15 Lectures) Module V Markets Equilibrium under Perfect Competition and Monopoly in Long Run - Monopolistic Competition: Features- Oligopoly: Features-Case Studies. (15 Lectures) Module VI Pricing Methods A) Marginal Cost, Full Cost, Discriminatory, Dumping, Multi-Product and Transfer Pricing. B) Capital Budgeting – Meaning and Importance- Investment Criteria: Pay Back Period Method, Net Present Value Method, and Internal Rate of Return Method- Case Studies. (15 Lectures)

REFERENCES FOR BOTH THE SEMESTERS 1. Principles of Microeconomics- H.L. Ahuja- S. Chand Company Ltd. 2. A course in Micro Economic Theory- David M. Kreps- Prentice Hall of India 3. Modern Micro Economics- A. Koutsoyianms- Mac Millan Press Ltd 4. Pridyck, R. S., and D.L. Rulrifeld, “Microeconomics”, Prentice-Hall of India Ltd 5. Barmol, William J, “Economic Theory and Opertions Analysis”, Prentice Hall of

India Pvt. Ltd, New Delhi 6. Advanced Economic Theory- H L Ahuja S. Chand Company Ltd. Latest Edition 7. Micro Economic Theory- M L Jhingan Mac Millan Press Ltd 8. Micro Economic Principles- Mankiw N Gregory- Mac Millan Worth Publishers,

New-York




Course : Commerce-I



F.Y.B.Com.

Subject : Commerce – I (Business Development)

Syllabus for Semester I & II

Semester – I

Module – I No. of Lectures

A) Role and importance of Business (4)B) Business Objectives – Types (6)Formulation – Reconciliation of Economic and Social objectives

Module – IIBusiness Environment : (10)Components / Elements – Interdependence of Business and it Environment – Economic Environment – Political Environment Technological – International Environment with Respect of OPEC, WTO, European Union, NAFTA, ASEAN, SAARC, Environmental Scanning and its Importance.

Module – IIISetting up of Business Unit : (10)Steps/Procedure – Project and Feasibility Studies – Entrepreneurship – Government Incentives and Assistances to Entrepreneurs Entrepreneurship Development/Training Centres – Challenges before Indian Entrepreneurs.

Module – IVRestructuring and Growth Strategies : (10)Internal Growth Strategies: Intensification – Diversification – External Grouwth Strategies, Foreign Collaborations – Mergers – Takeovers Corporate Restructuring Strategies, Turnaround Strategy. Case/Case Studies relating to the above Modules. (5)

Semester – II Module – V No. of

LecturesBanking: (10)

Banking System in India – Banker – Customer Relationship – Changing Role of Banks – Non‐Banking Activities – Concept of Development Banking, Universal Banking, Merchant Banking – Priority Sector Lending: RBI Guidelines and Ombudsman, Banking through Technology – FDI in Banking Sector in India – Banking as a Career.

Module – VIA: General Insurance: (6)

Types, Principles and Terms in Insurance in Brief – Settlement of Claims – Procedure – Claim Tribunals – Ombudsman – IRDA, 1999 FDI in Insurance Sector – Performance and Prospects in India – Career Options in Insurance Section.

B: Transport: (4)Recent Developments in Aviation, Roadways, Railways, and Shipping Transport – Career Option in Transport Sector.

Module – VIIA: Communication: (5)

Telecommunications – Recent Developments in E‐Communication – Performance and Prospects in India – Career Options. B: Tourism and Hospitality Industry: (3)Measures to Promote the Industry – Performance and Prospects – Career Options.

C: Business Process Outsourcing: (2)BPO, KPO, Future prospects, Career Options.

Module – VIIIRetail Management: (10)

Trends in Retailling – Organised v/s Unorganised Retailing – Factors Responsible for Growth of Organised Retailing in India – FDI in Retailing – Survival Strategies for Unorganised Retailers in India – Ethics in Retailing – Careers in Retailing. Case Studies relating to above Modules. (5)

Exam 40 Marks – Internal Semester END Exam: 2 hrs 60 Marks Question Paper Pattern N.B. – 1. All Questions are Compulsory. 2. All Questions carry equal marks. Q. 1. Attempt any Two (Out of Three) Q. 2. Attempt any Two (Out of Three) Q. 3. Attempt any Two (Out of Three) Q. 4. Attempt any Two (Out of Three) (One Question from each Module)




Course : Foundation Course



Revised Syllabus

Foundation Course for F. Y.B Com Semester I Hours 60 Marks 100 Unit 1 Overview of Indian Society: Understand the multi‐cultural diversity of Indian society through its demographic composition: population distribution according to religion, caste, and gender; Appreciate the concept of linguistic diversity in relation to the Indian situation; Understand regional variations according to rural, urban and tribal characteristics; Understanding the concept of diversity as difference. (5 hours) Unit 2 Concept of Disparity‐ 1: Understand the concept of disparity as arising out of stratification and inequality; Explore the disparities arising out of gender with special reference to violence against women, female foeticide (declining sex ratio), and portrayal of women in media; Appreciate the inequalities faced by people with disabilities and understand the issues of people with physical and mental disabilities. (10 hours) Unit 3 Concept of Disparity‐2: Examine inequalities manifested due to the caste system and inter‐group conflicts arising thereof; Understand inter‐group conflicts arising out of communalism; Examine the causes and effects of conflicts arising out of regionalism and linguistic differences. (10 hours) Unit 4 The Indian Constitution: Philosophy of the Constitution as set out in the Preamble; The structure of the Constitution‐the Preamble, Main Body and Schedules; Fundamental Duties of the Indian Citizen; tolerance, peace and communal harmony as crucial values in strengthening the social fabric of Indian society; Basic features of the Constitution. (10 hours)

Unit 5 Significant Aspects of Political Processes: The party system in Indian politics; Local self‐government in urban and rural areas; the 73rd and 74th Amendments and their implications for inclusive politics; Role and significance of women in politics. (10 hours) Unit 6 Growing Social Problems in India: Substance abuse‐ impact on youth & challenges for the future HIV/AIDS‐ awareness, prevention, treatment and services Problems of the elderly‐ causes, implications and response Issue of child labour‐ magnitude, causes, effects and response Child abuse‐ effects and ways to prevent Trafficking of women‐ causes, effects and response (15 hours) Question Paper Pattern for FC‐ Semester I Course At the F Y B A/B Sc/ B Com Examinations Semester End Exam: There will be a Semester End Exam for 60 marks of 2 hours duration. This exam will comprise of four compulsory questions covering Units 1‐5 of the syllabus. Question No. 1, 2 and 3 will be full‐length questions on Unit 2, 3 and 4 for 15 marks each; there will be an internal choice in each of these questions requiring the students to answer one of two questions asked. Full‐length questions will be from Units 2, 3, 4 only. Question No. 4 will be of the Short Note type where each Short Note will be for 3 marks each. Students will be required to answer 5 out of 8 Short Notes. Short note questions will be from Units 1 and 5. Unit 6 will not be assessed in the Semester End Exam.

The Question Paper Pattern with unit‐wise weightage of marks is as below: Question No. 1‐ Unit 2 or Unit 2 15 marks Question No. 2‐ Unit 3 or Unit 3 15 marks Question No. 3‐ Unit 4 or Unit 4 15 marks Question No. 4‐ Unit 1 and Unit 5 15 marks (5 short notes of 3 marks

each out of 8) Standard of Passing:‐ The student will be assessed on the basis of Internal Assessment of 40 marks and a Semester End Exam of 60 marks. The student will have to secure a minimum of 40% marks in aggregate and a minimum of 40% in each component of assessment i.e. 16 out of 40 in Internal Assessment and 24 out of 60 in Semester End Exam. Internal Assessment: There will be one mid‐semester test of 10 marks on Units 1 and 2; The test will, as far as possible, comprise of objective questions and/or short notes. The student will have to submit an assignment/project for 20 marks before appearing for the Semester End Exam. This assignment/project will be entirely based on Unit 6 and can take the form of street‐plays/exhibition/power‐point presentations or similar other modes suitable to the topic selected; students can work in groups of not more than 8 for the purpose of this assignment. Students will have to submit a hard copy of the assignment before appearing for the Semester End Exam. The assignment will be assessed for 20 marks of which 5 marks may be allotted for a viva, to assess the level of engagement of the student with the topic assigned. Unit 6 will not be included in the Semester End Exam. 10 marks will be allotted to the overall participation in classroom learning, and skills of articulation, teamwork and leadership exhibited during the course in organizing related learning activities.

In case of absence/failure to comply with components of Internal Assessment: a) A student who is absent for the class test and fails to submit the assignment/project will be declared fail in the Internal Assessment Scheme. b) A student who is absent for the class test and has submitted the assignment/project as per the schedule will be allowed to appear for the Semester End Examination. However, his/her marks for the class test will be forfeited and internal assessment will be calculated as out of 40 marks. c) A student who has appeared for the class test but fails to submit the assignment/project or remains absent for the assignment/project will be allowed to submit an additional assignment/project for 20 marks and the Internal Assessment will be calculated as out of 40 marks. A student, who passes in the Internal Assessment but Fails in the Semester End Examination, shall reappear for the Semester End Exam of that Course. However, his/her marks of the Internal assessment shall be carried over and he/she shall be entitled for grade obtained by him/her on passing of the complete course. A student who FAILS in the Internal Assessment but PASSES in the Semester End Examination of the course shall submit and reappear for the Internal Assessment in the form of projects for that course. However, his/her marks of the Semester End Examination shall be carried over and he/she shall be entitled for grade obtained by him/her on qualifying the course. The Evaluation for such a student who fails in the Internal Assessment, will consist of one project of 40 marks which will be divided into 20 marks for the documentation of the project given by the concerned teachers based on the curriculum, 10 marks each for the presentation and for the viva.

Semester II Hours 60 Marks 100 Unit 1 Globalisation and Indian Society: Understanding the concepts of liberalization, privatization and globalization; Growth of information technology and communication and its impact manifested in everyday life; Impact of globalization on industry: changes in employment and increasing migration; Changes in agrarian sector due to globalization; rise in corporate farming and increase in farmers’ suicides. (7 hours) Unit 2 Human Rights Concept of Human Rights; origin and evolution of the concept; The Universal Declaration of Human Rights; Human Rights constituents with special reference to Fundamental Rights stated in the Constitution; (10 hours) Unit 3 Ecology Concept of Ecology and Environment; Ecosystems‐ their structure and functions; food chain, food webs and ecological pyramids; Environmental degradation‐ causes and impact on human life. Sustainable Development‐ concept and components; (10 hours) Unit 4 Understanding Stress and Conflict: Causes of stress and conflict in individuals and society; Agents of socialization and the role played by them in developing the individual; Significance of values, ethics and prejudices in developing the individual; Stereotyping and prejudice as significant factors in causing conflicts in society. Aggression and violence as the public expression of conflict; (10 hours)

Unit 5 Managing Stress and Conflict in Contemporary Society: Types of conflicts and use of coping mechanisms for managing individual stress; Maslow’s theory of self‐actualisation; Different methods of responding to conflicts in society; Conflict‐resolution and efforts towards building peace and harmony in society. (8 hours) Unit 6 Contemporary Societal Challenges a) Increasing urbanization, problems of housing, health and sanitation; b) Changing lifestyles and impact on culture. c) Farmers’ suicides and agrarian distress. d) Debate regarding Genetically Modified Crops. e) Development projects and Human Rights violations. f) Increasing crime/suicides among youth. (15 hours) Question Paper Pattern for FC‐ Semester II Course At the F Y B A/B Sc/ B Com Examinations Semester End Exam: There will be a Semester End Exam for 60 marks of 2 hours duration. This exam will comprise of four compulsory questions covering Units 1‐5 of the syllabus. Question No. 1, 2 and 3 will be full‐length questions on Unit 2, 3 and 4 for 15 marks each; there will be an internal choice in each of these questions requiring the students to answer one of two questions asked. Full‐length questions will be from Units 2, 3, 4 only. Question No. 4 will be of the Short Note type where each Short Note will be for 3 marks each. Students will be required to answer 5 out of 8 Short Notes. Short note questions will be from Units 1 and 5. Unit 6 will not be assessed in the Semester End Exam.

The Question Paper Pattern with unit‐wise weightage of marks is as below: Question No. 1‐ Unit 2 or Unit 2 15 marks Question No. 2‐ Unit 3 or Unit 3 15 marks Question No. 3‐ Unit 4 or Unit 4 15 marks Question No. 4‐ Unit 1 and Unit 5 15 marks (5 short notes of 3 marks

each out of 8) Standard of Passing:‐ The student will be assessed on the basis of Internal Assessment of 40 marks and a Semester End Exam of 60 marks. The student will have to secure a minimum of 40% marks in aggregate and a minimum of 40% in each component of assessment i.e. 16 out of 40 in Internal Assessment and 24 out of 60 in Semester End Exam. Internal Assessment: There will be one mid‐semester test of 10 marks on Units 1 and 2; The test will, as far as possible, comprise of objective questions and/or short notes. The student will have to submit an assignment/project for 20 marks before appearing for the Semester End Exam. This assignment/project will be entirely based on Unit 6 and can take the form of street‐plays/exhibition/power‐point presentations or similar other modes suitable to the topic selected; students can work in groups of not more than 8 for the purpose of this assignment. Students will have to submit a hard copy of the assignment before appearing for the Semester End Exam. The assignment will be assessed for 20 marks of which 5 marks may be allotted for a viva, to assess the level of engagement of the student with the topic assigned. Unit 6 will not be included in the Semester End Exam. 10 marks will be allotted to the overall participation in classroom learning, and skills of articulation, teamwork and leadership exhibited during the course in organizing related learning activities.

In case of absence/failure to comply with components of Internal Assessment: a) A student who is absent for the class test and fails to submit the assignment/project will be declared fail in the Internal Assessment Scheme. b) A student who is absent for the class test and has submitted the assignment/project as per the schedule will be allowed to appear for the Semester End Examination. However, his/her marks for the class test will be forfeited and internal assessment will be calculated as out of 40 marks. c) A student who has appeared for the class test but fails to submit the assignment/project or remains absent for the assignment/project will be allowed to submit an additional assignment/project for 20 marks and the Internal Assessment will be calculated as out of 40 marks. A student, who passes in the Internal Assessment but Fails in the Semester End Examination, shall reappear for the Semester End Exam of that Course. However, his/her marks of the Internal assessment shall be carried over and he/she shall be entitled for grade obtained by him/her on passing of the complete course. A student who FAILS in the Internal Assessment but PASSES in the Semester End Examination of the course shall submit and reappear for the Internal Assessment in the form of projects for that course. However, his/her marks of the Semester End Examination shall be carried over and he/she shall be entitled for grade obtained by him/her on qualifying the course. The Evaluation for such a student who fails in the Internal Assessment, will consist of one project of 40 marks which will be divided into 20 marks for the documentation of the project given by the concerned teachers based on the curriculum, 10 marks each for the presentation and for the viva.




Course : Mathematical & Statistical

Techniques



1. Syllabus as per Credit Based Semester and Grading System.

i. Name of the Programme - B.Com ii. Course Code ‐ *****

iii. Course Title - Mathematical & Statistical

Techniques

iv. Semester wise Course Contents - As per Syllabus v. References and additional references ‐ As per Syllabus vi. Credit structure - Semester wise vii. No. of lectures per Unit - 15 viii. No. of lectures per week / semester - 3 L & 3 L for Practicals per paper

2. Scheme of Examination ‐ As per University Norms 3. Special notes, if any ‐ As per University Norms 4. Eligibility, if any ‐ As per University Norms 5. Free Structure ‐ As per University Norms 6. Special Ordinances / Resolutions, if any ‐

MATHEMATICAL AND STATISTICAL TECHNIQUES

WORKLOAD: MATHEMATICS : 2 lectures per week

STATISTICS : 3 lectures per week

TUTORIAL : 1 per week

Tutorial batch size : 25 Students

Semester I

Course: UBCOMFSI.6

Mathematical and Statistical Techniques‐I MATHEMATICS: (24 marks)

Unit I

Commission, Brokerage, Discount and Partnership:

Commission and Brokerage: Simple examples on calculation of commission and brokerage.

Discounts: Trade discount, Cash discount. Profit and loss. Sharing of profit in Partnership.

Problems involving mixture of discount, commission and profit are expected.

Unit II

Shares and Mutual Funds:

Concept of share, face value, market value, dividend, equity shares, preferential shares, bonus shares. Simple examples.

Mutual Funds: Simple problems on calculation of Net income after considering entry load, dividend, change in Net Asset Value(N.A.V.) and exit load. Averaging of price under the Systematic Investment Plan(S.I.P.)

Linear Programming Problems:

Sketching of graphs of (i) linear equation Ax + By + C = 0 (ii) linear inequalities.

Mathematical Formulation of Linear Programming Problems upto 3 variables. Solution of Linear Programming Problems by graphical method upto 2 variables.

STATISTICS: (36 marks)

Unit III

Introduction:

Meaning, Scope and Limitations of Statistics.

Basic Statistical Concepts: Population, Sample, Variable, attribute, parameter, statistic.

Collection of data:

Primary and Secondary, Sample and Census Survey (concept only), Tabulation of data upto 3 characteristics (Simple examples)

Diagrams and graphs:

Given a diagram, interpretation of it. Simple bar diagram, Multiple bar diagram, Percentage bar diagram, Pie diagram (Construction of diagram not to be asked). Drawing of frequency curve, frequency polygon, Histogram(class intervals of equal lengths only) and ogives.

Unit IV

Measures of Central Tendency:

Arithmetic mean, Weighted mean, Median, Mode without grouping, Quartiles( Examples on one missing frequency to be done only in case of Arithmetic mean, Weighted mean and Mode)

Measures of Dispersion:

Range, Quartile deviation, Mean deviation from mean, Standard deviation and their coefficients( Concepts of shift of origin and change of scale are not to be done)

Unit V

Elementary Probability Theory:

Concept of random experiment/trial and possible outcomes; Sample Space and Discrete Sample Space; Events their types, Algebra of Events, Mutually Exclusive and Exhaustive

Events; working knowledge of nCr and nPr.

Classical definition of Probability, Addition theorem(without proof),

Independence of Events : )()()( BPAPBAP =∩ Simple examples. Random Variable:

Probability distribution of a discrete random variable; Expectation and Variance; Simple examples on probability distributions; Concept of Normal distribution and Standard Normal Variate(SNV), simple examples.

Semester II

Course: UBCOMFSI.6

Mathematical and Statistical Techniques‐II MATHEMATICS : (24 marks)

Unit VI

Functions, Derivatives and Their Applications

Concept of real functions: constant function, linear function, xn , ex, ax, log x.

Demand, Supply, Total Revenue, Average Revenue, Total cost, Average cost and Profit function. Equilibrium Point, Break‐even point.

Derivative as rate measure.

Derivatives of functions: Constant function, xn , ex, ax, log x.

Rules of derivatives: Scalar multiplication, sum, difference, product, quotient, simple problems.

Second Order derivatives

Applications: Marginal Cost, Marginal Revenue, Elasticity of Demand. Maxima and Minima for functions in Economics and Commerce.

Unit VII

Interest and Annuity

Simple Interest and Compound Interest

Interest compounded more than once a year. Calculations involving upto 4 time periods.

Equated Monthly Instalments(EMI) using reducing and flat interest system. Present value, Future value.

Annuity Immediate and due: Simple problems with nr )100

1( + with 4≤n .

STATISTICS: (36 marks)

Unit VIII

Bivariate Linear Correlation: Scatter Diagram, Computation of Karl Pearson’s Coefficient of Correlation(Case of Bivariate Frequency Table to be excluded), Computation of Spearman’s Rank Correlation Coefficient (case of repeated ranks upto 2 repetitions only)

Bivariate Linear Regression: Finding Regression lines by method of least squares.

Properties of Regression Coefficients‐ i) xyyxbbr = ii) ( x , y ) is the point of

intersection of two regression lines.

Unit IX

Time series: Concepts and components of a time series. Estimation of Trend using Moving Average Method and Least Squares Method(only Linear Trend)

Estimation of Seasonal Component using Simple Arithmetic Mean (For Trend free data only)

Concept of Forecasting using Least Squares Method.

Index Numbers: Concept and uses. Simple and Composite Index Nos. (unweighted, weighted), Laspeyre’s Price Index No, Paasche’s Price Index No, Fisher’s Price Index No., Cost of living Index No., Real Income, Simple Examples.

Concept of Wholesale Price Index No .(Examples on missing values should not be done)

Unit X

Decision Theory: Decision making situation, Decision maker, Courses of Action, States of Nature, Pay‐off and Pay‐off matrix; Decision making under uncertainty, Maximin, Maximax, Minimax regret and Laplace criteria; simple examples to find optimum decision.

Decision making under Risk, Expected Monetory Value(EMV); Decision tree; simple Examples based on EMV, Expected Opportunity Loss(EOL), simple Examples based on EOL.

Tutorial:

Two tutorials to be conducted on each unit i.e. 10 tutorials per term. At the end of each term one Tutorial assignment of 10 marks should be given.

Examination:

Internal Assessment 40% (40 marks)

(i) Two periodical class tests ‐ 20 marks (ii) One Tutorial Assignment ‐ 10 marks (iii) Active participation in class instructional deliveries ‐ 05 marks (iv) Overall conduct as a responsible student, mannerism etc. ‐ 05 marks.

Semester End Assessment 60% (60 marks)

At the end of each semester there will be a Semester End Examination of 60 marks.

Question Paper Pattern:

1) In Section I (based on Mathematics), answer any two out of four questions.

2) In Section II (based on Statistics), answer any three out of six questions.

3) All questions carry equal marks i.e. 12 marks.

4) Sub‐questions should be based on different units.

Reference Books:

1) Mathematics for Economics and Finance Methods and Modelling by Martin Anthony and Norman Biggs, Cambridge University Press, Cambridge low‐priced edition, 2000, Chapters 1, 2, 4, 6 to 9 & 10.

2) Applied Calculus By Stephen Waner and Steven Constenoble, Brooks/Cole Thomson Learning, second edition, Chapter 1 to 5.

3) Business Mathematics By D. C. Sancheti and V. K. Kapoor, Sultan Chand & Sons, 2006, Chapter 1, 5, 7, 9 &10.

4) Mathematics for Business Economics

By J. D. Gupta, P. K. Gupta and Man Mohan, Tata Mc‐Graw Hill Publishing Co. Ltd., 1987, Chapters 9 to 11 & 16.

5) Quantitative Methods‐Part‐I By S. Saha and S. Mukerji, New Central Book Agency, 1996, Chapters 7 & 12.

6) Mathematical Basis of Life Insurance By S.P. Dixit, C.S. Modi and R.V. Joshi,

Insurance Institute of India, Chapters 2: units 2.6, 2.9, 2.20 & 2.21.

7) Securities Laws & Regulation of Financial Market

Intermediate Course Paper 8, Institute of Company Secretaries of India, Chapter 11.

8) Investments By J.C. Francis & R.W. Taylor, Schaum’s Outlines, Tata Mc‐Graw Hill Edition 2000, Chapters 2,4 & section 25.1.

9) Indian Mutual Funds Handbook

By Sundar Shankaran, Vision Books, 2006, Sections 1.7,1.8.1, 6.5 & Annexures 1.1to 1.3.

10) STATISTICS by Schaum Series. 11) Operations Research by Gupta and Kapoor 12) Operations Research by Schaum Series



Syllabus of Different Courses

Under F.Y.B.Com. Program : B.Com



University of Mumbai

* * * * * NAAC ACCREDITED

(2001‐2006)

Syllabus of Different Courses under

Credit Based Semester and Grading System For First Year

Programme : B.Com.

With Effect from the Academic Year 2011‐2012

Class - F.Y.B.Com.

SEMESTER - I

Course- Accounting and Financial Management – I

Module No.

Topic No. of Lectures

1.0 1.1

ACCOUNTING STANDARDS ISSUED BY I.C.A.I AS – 1: Disclosure of significant Accounting Policies

(a) Meaning of Accounting Policies. (b) Purpose. (c) Different Policies. (d) Areas of Policies. (e) Disclosure of Policies. (f) Disclosure of Change in Policies. (g) Simple Illustrations.

15

1.2 AS - 2 : Valuation of Inventories (Stock) (a) Meaning, Definition, (b) Applicability, (c) Measurement of Inventory, (d) Disclosure in Final Account, (e) Explanation with Simple Illustrations.

1.3 AS - 6 : Depreciation Accounting (a) Meaning, (b) Definitions, (c) Importance, (d)Factors, (e)Useful Life of a Depreciable Asset. (f )Estimating Useful Life, (g)Additions, (h)Residual value, (i) Methods, (j) Disclosure of Surplus, (k)Change in Method. (I) Simple Illustrations.

1.4 AS - 9 : Revenue Recognition (a) Meaning and Scope, (b) Transactions excluded, (c)Sale of Goods, (d)Rendering of Services. (e) Effect of Uncertainties. (f) Disclosure, (g) Simple Illustrations.

1.5 AS - 10 : Accounting for Fixed Assets (a) Meaning, (b) Definitions, (c) Importance, (d) Cost of Fixed Assets, (e) Self Constructed fixed Assets. (f) Non-monetary Consideration. (g) Improvements, Repairs, Additions and Extensions, (h) Revaluation, (i ) Sale or Retirement, (j) Valuation of Fixed Assets in Special Cases, (k) Special Types of Fixed Assets. (l) Disclosure

Module No.


2.1 CAPITAL, REVENUE AND DEFERRED REVENUE EXPENDITURE AND RECEIPTS 2.1.1 Expenditure, Receipts, Profit and Loss Importance and Tests (a) Capital, (b) Revenue, (c) Distinction between Capital Expenditure and Revenue Expenses (d) Deferred Revenue Expenses (e) Unusual Expenses. (f) Effect of Errors, (g) Criteria tests. 2.1.2 Receipts (a) Capital, (b) Revenue, (c) Distinction between Capital Receipt and Revenue Receipt 2.1.3 Profit or Loss (a) Revenue, (b) Capital

15

2.2 DEPRECIATION 2.2.1 Practical problem based on accounting treatment by Provision for Depreciation using SLM and RBM. 2.2.2 Presentation of Fixed Assets in the, Final Account of a Sole Trader

3.0 FINAL ACCOUNTS OF A SOLE PROPRIETOR TRADER 3.1 Introduction 3.2 Adjusting and Closing Entries (a) Outstanding Expenses and Incomes. (b) Prepaid Expenses and Incomes received in advance, (c) Depreciation, (d) Bad Debts, Provision for Bad and Doubtful Debt, Reserve for Discount on Debtors/ Creditors, (e) Goods or material or cash withdrawn by proprietor. (f) Sales or Purchase includes Fixed Assets and Investments, (g) Goods or materials lost by fire, theft etc. Goods sent on Sales or return basis. (h) Rectification of Errors. 3.3 Preparation of Final Accounts in Horizontal Format (a) Manufacturing Account, (b) Trading Account. (c) Profit & Loss Account, (d) Balance Sheet.

15

4.0 FINAL ACCOUNTS OF NON-PROFIT MAKING ORGANISATION 4.1 Meaning 4.2 Accounts of Non-Profit making Organisation 4.3 Various Books of Account and Other Registers to be maintained (a) Cash Book, (b) General Ledger, (c) Journal Book, (d) Membership Register, (e) Donation Register, (f) Property Register, (g) Other Register. 4.4 Treatment of Some Special Items (a) Subscriptions, (b) Life Membership Fees, (c) Legacies, (d) Entrance Fees, (c) Donations, (f) Gove rnment Gran t s . ( g ) Spe c i a l Funds , (h) 'Sale of Old News papers, (i) Specific Collections and Expenses, ( j) Sale of Old Sports Mater ia ls , (k) Purchase of Sports Material ( l ) Sale of Fixed Assets and Investments. (m) Purchase of Fixed Assets and Investment, (n) Payment of Honorarium, (o) Calculation of I n c o m e . ( p ) C a l c u l a t i o n o f E x p e n s e s , (q) Calculation of Stationary Used, (r) Proceeds of Concerts and Lectures. 4.5 Preparation of Income & Expenditure Account and Balance Sheet from the Receipts & Payments Account and Opening Balance Sheets. 4.6 Preparation of Receipts & Payments Account from the Income & Expenditure Account and Balance Sheet

15

Note: Relevant law in force and relevant accounting standard in force on 1st April immediately preceding commencement of academic year is applicable for ensuring examination after relevant year.

QUESTION PAPER PATTERN

Question Paper shall be of 60 Marks Duration- 2 Hours No. of Questions to be Set- SIX No. of Questions to be Answered- FOUR All Questions shall be of 15 Marks each Q-1 Compulsory - Practical 15 Marks Q-2 Compulsory – Objective Type 15 Marks True or False Match the Following Fill in the Blanks Multiple Choices Q-3 Practical 15 Marks OR Practical Q-4 Practical 15 Marks Q-5 Theory / Practical 15 Marks

*****

Class - F.Y.B.Com.

SEMESTER - II

Course- Accounting and Financial Management – II

Module No.


1. STOCK VALUATION 1. 1 Methods of stock Valuation as per AS - 2 1. 2 Problems on Stock* Valuation on FIFO and Weighted Average Method 1.3 Problems on Reconciliation of Physical Stock and Stock as per Stock Register

08

2. PREPARATION OF LEDGER ACCOUNTS AND A TRIAL BALANCE FROM THE GIVEN OPENING BALANCE SHEET. JOURNAL AND SUBSIDIARY BOOKS PREPARATION OF A TRIAL BALANCE (NOT EXCEEDING EIGHT TRANSACTIONS) Preparation of Subsidiary Books, Journal Books and Ledger from the given transactions and or Opening Balance Sheet of the Proprietary Trading Concern and drawing a Trial Balance from the Ledger.

07

3. SINGLE ENTRY SYSTEM 3. 1 Double Entry System

3. 2 Incomplete Records

a) Introduction

b) Features

c) Limitations 3. 3 Problems based on Conversion - Single Entry into Double Entry (For Proprietary Trading Concern only)

15

4. DEPARTMENTAL ACCOUNTS 4. 1 Meaning , 4.2 Basis of Allocation of Expenses and Incomes / Receipts

4. 3 Inter Departmental Transfer

a) At Cost Price

b) At Invoice Price

4. 4 Stock Reserve 4. 5 Problems based on Departmental Trading and Profit & Loss Account and Balance Sheet

15

5. ACCOUNTING IN COMPUTERISED ENVIRONMENT

1. An overview of computerized environment. 2. Features of computerized accounting system

3. Concept of grouping of accounts

4. Codification of accounts.

5. Maintaining the hierarchy and ledgers 6. Accounting packages and consideration of them

in section.

15

Note: Relevant law in force and relevant accounting standard in force on 1st April immediately preceding commencement of academic year is applicable for ensuring examination after relevant year.


Question Paper shall be of 60 Marks Duration- 2 Hours No. of Questions to be Set- SIX No. of Questions to be Answered- FOUR All Questions shall be of 15 Marks each Q-1 Compulsory - Practical 15 Marks Q-2 Compulsory – Objective Type 15 Marks True or False Match the Following Fill in the Blanks Multiple Choices Q-3 Practical 15 Marks OR Practical Q-4 Practical 15 Marks Q-5 Theory / Practical 15 Marks

*****

Class - F.Y.B.Com.

SEMESTER - I

Course- Business Economics – I

Module No

Topic No of Lectures

1 Demand Analysis Utility: Cardinal and Ordinal approaches - Indifference Curve Approach: Properties of Indifference Curves, Consumer's Equilibrium, Price effect, Derivation of demand curve from PCC. - Consumer's Surplus- Elasticity of demand; Income, Cross and Promotional- Case Studies- Demand Forecasting: meaning, significance and methods- Case Studies.

15

2 Theory of Production Production function; Short Run and Long Run - Law of Variable Proportions- Iso-quant- Producer's Equilibrium- Returns to Scale- Economies of Scale- Economies of Scope-Case Studies.

15

3 Cost Analysis A) Concepts: Social and Private costs, Economic and

Accounting Costs, Fixed and Variable Costs- Opportunity Cost.

B) Behavior of Cost Curves: Short Run and Long Run. C) Learning Curve-Producer's Surplus- Case Studies.

15


Question Paper shall be of 60 Marks Duration- 2 Hours No. of Questions to be Set- SIX No. of Questions to be Answered- FOUR All Questions shall be of 15 Marks each Q-1 Compulsory – Objective Type Q-2 Core Questions may be Divided into Sub-Questions A and B to Q-6 Minimum two case studies shall be asked in ‘B’ part of questions 2 to 6

*****

Class - F.Y.B.Com.

SEMESTER - II

Course- Business Economics – II

Module No

Topic No of Lectures

1 Revenue Concepts Total Revenue- Average revenue and Marginal Revenue under Perfect Competition and Monopoly-Relationship between Average Revenue, Marginal Revenue and Elasticity of Demand-Objectives of a Firm: Profit, Sales and Growth Maximization - Break- Even Analysis- Case Studies.

15

2 Markets Equilibrium under Perfect Competition and Monopoly in Long Run - Monopolistic Competition: Features- Oligopoly: Features-Case Studies.

15

3 Pricing Methods A) Marginal cost, Full Cost Discriminatory, Dumping, Marginal Cost, Full Cost Discriminatory, Multi-Product and Transfer Pricing, B) Capital Budgeting-Meaning and Importance- Investment Criteria:

Pay Back Period Method, Net Present Value Method, and Internal Rate of Return Method-Case Studies.

15


Question Paper shall be of 60 Marks Duration- 2 Hours No. of Questions to be Set- SIX No. of Questions to be Answered- FOUR All Questions shall be of 15 Marks each Q-1 Compulsory – Objective Type Q-2 Core Questions may be Divided into Sub-Questions A and B to Q-6 Minimum two case studies shall be asked in ‘B’ part of questions 2 to 6

*****

Class - F.Y.B.Com.

SEMESTER - I

Course- Environmental Studies – I

Module No.


1

Environment: An Overview a) Environment : Structure and components - Typology - Natural and Human b) Ecosystem as part of Environment - Functioning and Levels of

Organisation - Linkage with society and economy.

c) Emerging issues of development - Environment as a source and depository of resources, products and waste

d) Sustainable use of resource - a multidisciplinary approach - Importance of Environmental Studies.

14

2

Natural Resources a) Definition, importance and classification of natural resources b) Resource rich and Resource poor regions - emerging gaps ( a case study) c) Distribution patterns, utilization and conservation of water, forest and energy resources (a case study)

12

3

Population and Environment a) Man environment relationship - Changing patterns - Role of technology

b) Contemporary trends of growth and distribution of world population c) Challenges of population growth - carrying capacity of Environment

- Human Development Index as a measure of development - Patterns of human development in India

Environment and human health ( a case study)

14

4

Food and Environment a) Sources and areas of production of food in the world. ( Agriculture,

Fishing, Livestock - rearing)

b) Pattern of food trade ( a case study) c) Food security and Global patterns of nutrition and hunger ( a case study)

MAP Work a) Map reading: Bar Diagram, Located Circles, Located Pie

Diagram, Choropleth. Isopleths, Dot map, Flow map and Pictogram.

b) Map Filling: Environmentally Significant Features - World.

12

08


Time: 2 hours Marks: 60

Note: Q.1, 2 & 3 are compulsory

Attempt any two questions from the rest.

Q.1 (a) Interpretation of Thematic Map - World (5)

(b) Map filling - Map of the World (5)

Q.2 Short notes (2 out of 5) (10)

Q.3 Question on Case study (10)

Q.4 Module 1 (Long answer question) (15)




Note: Q-6 and Q-7 may be divided into A and B for 8 and 7 marks each

Class - F.Y.B.Com.

SEMESTER - II

Course- Environmental Studies – II

Module No.


1

Secondary and Tertiary Sectors a) Bases of spatial interaction - Role of Transport and Telecommunication

technology - Time and Space Convergence.

b) Changing nature of manufacturing and services in developed and developing countries. c) Tourism as emerging service - New tourism (Eco - tourism, medical

tourism, etc.) Challenges before India.

d) Impact of Tourism - Economic, Socio - Cultural and Environmental.

14

2

Disaster -Natural and Man-made a) Concepts of Disaster - Natural and Man - made b) Natural hazards/Disasters : Causes and Consequences - Earthquake

and Tsunami, Cyclone, Flood and Drought f a case study)

c) Man - made Disasters - Causes and Consequences - nuclear accident. Oil spill and leakage, Industrial accidents ( a case study)

d) Disaster Management Cycle - Pre - disaster, disaster occurrence and post disaster - Role of technology.

14

3

Environmental Issues and Movements

a) Environmental problems - Causes and Effects. b) Global Issues - Global climate changes, Trans - boundary movement of

hazardous waste. Threats to Biodiversity ( a case study)

c) Regional Issues - Acid rain, Desertification ( a case study) d) Local Issues - related to CRZ implementation, Solid waste disposal

( garbage, bio - medical waste, e - waste), flooding of low lying areas, Special Economic Zone ( a case study)

e) Major Environmental Movements in India - Role of public opinion in environmental protection - Green Business and Green Consumption.

12

4

Environmental Management a) Environmental Management - Concept and need, relevance of environmental education. b) Constitutional and legal provisions in India - International efforts towards

environmental protection - role of WTO.

c) Environmental statement, ISO 14000, ISO 16000, Environmental Impace Assessment d) Role of technology in environmental management ( GIS, GPS, Remote sensing as tools) e) Carbon Bank and Carbon Credit ( a case study)

MAP Work: Map filling - Environmentally significant features in Konkan and Mumbai

15

05


Time: 2 hours Marks: 60

Note: Q.1, 2 & 3 are compulsory

Attempt any two questions from the rest.

Q.1 (a) Map filling - Environmentally significant features - Konkan (5)

(b) Map filling - Environmentally significant features - Mumbai (5)

Q.2 Short notes (2 out of 5) (10)

Q.3 Question on Case study (15)

Q.4 Unit 5 (Long answer question) (15)




Note: Q-6 and Q-7 may be divided into A and B for 8 and 7 marks each

Documents

Enclosure to Item No. 4lalalibrary.weebly.com/uploads/1/2/4/0/12405653/bcom12.pdfEnclosure to Item No. 4.72 A ... Features- Oligopoly: Features-Case Studies. (15 Lectures) Module VI