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North Maharashtra University, Jalgaon
(NAAC Re-accredited 'A' Grade University)
FACULTY OF COMMERCE AND MANAGEMENT
Structure, Equivalence and Syllabus
of
Master of Commerce (M.Com.)
(Sem. 60+40 Pattern)
(w.e.f.: 2017-18)
North Maharashtra University, Jalgaon
(NAAC Reaccredited 'A' Grade University)
FACULTY OF COMMERCE & MANAGEMENT
STRUCTURE OF
MASTER OF COMMERCE (M.COM.)
W.E.F AY 2017-18
Semester-I and II (w.e.f.- AY 2017-18)
Paper Semester-I Paper Semester-II
101 Economics of Industries-I 201 Economics of Industries-II
102 Strategic Management 202 Case Studies in Strategic Management
103 Research Methodology in Commerce
and Management 203
Elective Subject- (Any one)
a. Modern Management Practices
b. International Business
c. Advance Banking
104 Specialization paper -I 204 Specialization Paper- II
Semester-III and IV (w.e.f.- AY 2018-19)
Paper Semester-III Paper Semester-IV
301 Management Accounting- I 401 Management Accounting- II
302 Entrepreneurship & Project
Management 402 Modern Retail Management
303 Organizational Behaviour 403
Elective Subject- (Any one)
a. Information System for Business
b. Foreign Trade.
c. Corporate Social Responsibility
304 Specialization paper- III 404 Specialization Paper IV or Project Report &
Viva voce
List of Specialization Subjects (Any One)
Sr.No. Specialization Subject
A Advanced Accountancy
B Advanced Cost Accountancy
C Human Resource Management
D Marketing Management
E Supply Chain Management
Note:-
1. Students can opt for any one paper from elective list for paper number 203 in Sem-II, and paper
number 403 in Sem. IV.
2. Students who select special paper from the specialization list for Sem. I, it will continue for
Sem II, III & IV(Specialization Paper will be in progression)
3. In Sem IV, Special Paper IV, 404 student may opt for Project Report of 100 marks or Theory
paper (60+40). There shall be external Exam. (Viva-voce) of Project Report for 60 marks & 40
marks (Internal) for Project Report. Allocation of 60 marks viva-voce: 30 marks by External
Examiner + 30 marks by Internal Examiner (Project Guide)
North Maharashtra University, Jalgaon
(NAAC Reaccredited 'A' Grade University)
FACULTY OF COMMERCE & MANAGEMENT
MASTER OF COMMERCE (M.Com.)
W.E.F AY 2017-18
1. TITLE OF THE DEGREE
This Post-Graduate Degree shall be titled as Master of Commerce (M.Com.) This new curricula
shall be effective from 2017-18.
2. DURATION
The regular Post-Graduate Full Time Course shall be of 2 Years’ duration; comprising of 4
Semesters through Theory papers, Case Studies, Project report, Viva-voce, and such other
Continuous Evaluation Systems as may be prescribed, in this respect, from time to time
3. ELIGIBILITY FOR ADMISSION
The candidate must have passed three years’ Bachelor Degree in Commerce & Management or
equivalent thereto or as per Eligibility Rules framed by the North Maharashtra University from
Time to Time.
4. PATTERN
4.1. English medium and Marathi medium are allowed as medium of Instructions for study of
subjects, except as otherwise prescribed in the programme (refer instructions).
4.2. The suggested curriculum comprises 16 papers including 11 elective papers, detailed as
under -
4.2.1. Compulsory Theory papers - 10 papers
4.2.2. Elective papers 02 papers with 6 options
(1 paper having 3 options each for two semesters)
4.2.3. Specialisation papers 04 papers with 5 options
(1paper having 5 options each for four semesters)
A student can opt for a Project Report in place of the theory paper in a Specialization
paper number 404
1. Students can opt for any one paper from elective list for paper number 203 in Sem-II, and
paper number 403 in Sem. IV
2. Students who selects a particular specialisation from among the 5 options at Sem. I, shall
have to continue with the same specialisation at the remaining semesters, namely, Sem. II,
Sem. III, and Sem IV.
3. In Sem IV student may opt for project report instead of special paper 404.
4.3. Each semester will have 4 papers of 4 credits each, thus comprising 16 credits for each
Semester that is 64 credits for whole M. Com Degree Course
4.4. One credit for the theory course shall be of the 15 clock hours (Each course being taught in
the semester will be of 4 credits) that is each course will be of 60 hours.
4.5. Continuous evaluation of the students shall comprise the 60+40 pattern; where every paper
of 100 marks (4 credits), shall be divided as External evaluation of 60 marks and internal
continuous assessment of 40 marks.
4.6. The external assessment shall be based on written examination to be conducted by the
university at the end of the each semester.
4.7. The student shall not be allowed to appear for the semester examination unless the Head of
the Department /Principal of the College certifies completion of internal work, regularity,
practical etc. The College shall submit along with this certificate Internal marks to the COE
of the University.
4.8. CGPA system as devised by the University shall be applicable.
4.9. Continuous Internal assessment comprises one Class room test of 20 Marks and Seminar
(Using ICT) or Group Discussion of 20 Marks.
4.10. Paper No. 203, and Paper No 403 (elective subjects) are not in progression.
4.11. Marathi medium for instructions and writing answers will be allowed except in case of the
following subjects:
(i) Advanced Accountancy
(ii) Advanced Cost Accountancy
(iii) Management Accounting
5. PASSING STANDARDS
5.1. In order to pass the examination, the candidate has to obtain at least 40% marks for each
head Separately, that is 24 marks out of 60 (External) and 16 marks out of 40 marks (Internal)
for all papers.
5.2. The student shall be allowed to keep the terms of the next year as per the University rules.
6. Grades:
6.1. Marks for each course would be converted into grade points as per Seven-Point grading
scale as stated in the following table.
Table 1 Table Showing Conversion of Marks into grade points
Marks Obtained
Grade
Equivalent Grade points
75 to 100 O : Outstanding 6
65 to 74 A : Very Good 5
55 to 64 B : Good 4
50 to 54 C : Average 3
45 to 49 D : Satisfactory 2
40 to 44 E : Pass 1
0 to 39 F : Fail 0
6.2. Every paper carries maximum of 6 grade points. Similarly each paper carries 4 credit points.
Thus, each paper carries maximum of 24 CR x GP points.
6.3. One semester carries 4 papers of 24 CR x GP points each. Thus, every semester carries
maximum of 96 CR x GP points.
6.4. The M.Com programme consists of 4 semesters, each carrying 96 CR x GP points. Thus,
The M.Com programme in all carries maximum of 384 CR x GP points.
6.5. The grade point will be given on the basis of total marks (sum of mark obtained in internal
assessment and Semester examination) obtained by a student in a subject.
6.6. The CR x GP points earned in each course shall be calculated as –
Total CR x GP points = Grade points obtained (vide Table-1) x Credits for the course
6.7. Semester Grade Point Average (SGPA) –
6.7.1. The performance of a student in a semester is indicated by a number called SGPA.
SGPA is the weighted average of the grade points obtained in all courses registered by
the student during the semester. It shall be calculated as follows-
𝑆𝐺𝑃𝐴 =∑ 𝐶𝑖𝑝𝑖
𝑛𝑖=1
∑ 𝐶𝑖𝑛𝑖=1
=∑ 4𝑝𝑖
𝑛𝑖=1
16
Where,
𝐶𝑖 = the maximum number of credits prescribed for the ith course of a semester for
which SGPA is to be calculated
𝑝𝑖 = grade point earned in the ith course
i = 1,2,3……n represent the number of courses in which a student is registered in the
concerned semester.
That is,
𝑆𝐺𝑃𝐴 = 𝐓𝐨𝐭𝐚𝐥 𝐂𝐑 𝐱 𝐆𝐏 𝐩𝐨𝐢𝐧𝐭𝐬 𝐞𝐚𝐫𝐧𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐒𝐞𝐦𝐞𝐬𝐭𝐞𝐫
𝐓𝐨𝐭𝐚𝐥 𝐂𝐫𝐞𝐝𝐢𝐭 𝐩𝐨𝐢𝐧𝐭𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐒𝐞𝐦𝐞𝐬𝐭𝐞𝐫
SGPA is rounded up to two decimal places.
6.8. Final result
Up-to-date assessment of the overall performance of a student from the time of his/her first
registration is obtained by calculating a number called Cumulative Grade Point Average
(CGPA), which is a weighted average of the grade points obtained in all courses registered
by the student since he/she has been admitted to the M.Com course.
𝐶𝐺𝑃𝐴 =∑ 𝐶𝑗𝑝𝑗
𝑚𝑗=1
∑ 𝐶𝑗𝑚𝑗=1
Where
𝐶𝑗= the number of credits earned in the jth course up to the semester
𝑝𝑗 = grade point earned in the jth course.
A letter grade lower than E (i.e. grade point < 1) in a course shall not be taken
into consideration for the calculation of CGPA
j= 1, 2,3……m represent the number of courses in which a student is registered up-to
the semester for which the CGPA is to be calculated
The CGPA is rounded up to two decimal places.
6.9. The final grade earned shall be as per Table given below-
Final grade to be awarded and equivalent percentage of marks of the candidate based on
his/her CGPA
CGPA
Value
Final Grade to be
awarded to the
candidate
Equivalent range
for percentage of
marks
Formula for obtaining
equivalent approximate
percentage of marks
5.50-6.00 0: Outstanding 75-100 75 + {
(𝐶𝐺𝑃𝐴 − 5.5)
0.02}
4.50-5.49 A: Very Good 65-74 65 + {
(𝐶𝐺𝑃𝐴 − 4.5)
0.02}
3.50-4.49 B: Good 55-64 55 + {
(𝐶𝐺𝑃𝐴 − 3.5)
0.02}
2.50-3.49 C: Average 50-54 50 + {
(𝐶𝐺𝑃𝐴 − 2.5)
0.02}
1.50-2.49 D: Satisfactory 45-49 45 + {
(𝐶𝐺𝑃𝐴 − 1.5)
0.02}
1.00-1.49 E: Pass 40-44 40 + {
(𝐶𝐺𝑃𝐴 − 1.0)
0.02}
0.00-0.99 F: Fail 00-39 Not Applicable
7. GUIDELINES FOR TEACHING
7.1. There shall be at least 60 lecture hours per semester per course. There shall be 15 weeks of
teaching before commencement of examination of respective semester.
7.2. There shall be 4 lectures of 60 minutes each per week per paper.
7.3. The semester workload is balanced with 4 full papers of 100 marks each semester. Thus 240
lecture hours are considered for teaching sessions including continuous assessment,
Examination work etc. as per UGC norms, and rules framed by the University.
7.4. Self-study shall be additional requirement besides the Class room learning. The Faculty will
have to exert a little extra for cultivating reading habits amongst the students.
7.5. The teaching method shall comprise a mix of Lectures, Case Study, Seminars, Group
discussions, Brain storming, Game playing, Interactions with Executives etc. so as to prepare
the students to face the global challenges. For this Audio-visual aids should be considered
for imparting and acquiring knowledge.
7.6. Case study method preferably shall be used wherever necessary & desired for the better
understanding by the students.
8. PRACTICAL TRAINING THROUGH PROJECT WORK
8.1. The Student is allowed to opt for Project Work as substitute to the Paper IV of Specialisation
(Paper No 404). In that case he/she shall not be required to appear for the external/internal
written exam of this paper. Instead he/she has to face the viva-voce as per the rules of the
University.
8.2. In the Fourth semester examination student has to do "Project Work" individually on the
basis of specialization. No group work is allowed in this. The topic shall be decided with
consultation and guidance of Internal teacher (Project Guide) of the College. The Project
shall be necessarily Research oriented, Innovative and Problem solving. No teacher shall be
entrusted with more than 15 students for guidance and supervision.
8.3. The college shall submit the detailed list of students with Project Titles, name of the
organization, & internal guide to the university before the prescribed date.
8.4. The student has to write a report based on the actual work done during the year at the
selected business enterprise, get it certified by the concerned teacher that the Project report
has been satisfactorily completed and submit TWO typed hard bound copies & one soft copy
in CD of the same to the Head of the department / Principal of the college.
8.5. One copy of the report submitted by the student shall be forwarded to the University by the
College before prescribed dated.
8.6. The project work will carry maximum 100 marks, of which internal teacher shall award
marks out of maximum 40 marks on the basis of project work done by the student as a
continuous assessment. Remaining marks shall be awarded out of maximum 60 marks by
examining the student during Viva-voce, by the panel of examiners consist of one external
examiner(to be appointed by the University) & internal guide..
8.7. No students will be permitted to appear for Viva-voce examinations, unless and until (s) he
submits the project report before the scheduled date.
8.8. Students have to prepare 10-15 minutes presentation based on project work which is
mandatory at the time of viva voce.
9. STRUCTURE OF THE QUESTION PAPER
Each question paper shall be of 60 marks and of 3 hours duration.
9.1. For Theory papers there will be 2 Sections. In section I first question shall be compulsory
carrying 12 marks based on the whole syllabus for the semester. Similarly a candidate shall
be required to answer 2 questions out of 3 questions form section-I & 2 questions out of 3
questions from section II. Thus in all 5 questions should be answered by the student. All the
questions shall carry equal marks i.e. 12 marks each.
9.2. For Composite papers (Theory and practical / problems) there will be 2 sections. In
section I first question shall be compulsory carrying 12 marks based on the whole syllabus
for the semester. Similarly in section I (practical/problem), a student shall be required to
answer 2 questions out of 3 questions & in section II (Theory), (s)he shall be required to
answer 2 questions out of 3 questions. Thus in all 5 questions should be answered by the
student. All the questions shall carry equal marks i.e. 12 marks each.
9.3. For case studies (paper 202) out of 5 cases 3 cases should be attempted by the student.
Each case shall carry 20 marks.
10. ELIGIBILITY OF THE FACULTY
As per norms fixed by UGC, Government of Maharashtra and North Maharashtra University.
North Maharashtra University, Jalgaon
(NAAC Reaccredited 'A' Grade University)
FACULTY OF COMMERCE & MANAGEMENT
MASTER OF COMMERCE (M.Com.)
w.e.f. AY 2017-18
M. Com Equivalence
Old
Paper
Semester Pattern 60:40 w.e.f.
2014-15
New
Paper
Semester Pattern 60:40 w.e.f.2017-18
Semester - I
101 Economics of Industries 101 Economics of Industries-I
102 Strategic Management 102 Strategic Management
103 Research Methodology in
commerce
103 Research Methodology in commerce
and management
104 Specialization – I 104 Specialization – I
Semester - II
201 Indian Financial System 201 Economics of Industries-II
202 Case Studies in Strategic
Management
202 Case Studies in Strategic Management
203 Elective Subject– (Any one) 203 Elective Subject– (Any one)
203 A Modern Management Principles 203 a Modern Management Practices
203 B International Business 203 b International Business
203 C Banking and Insurance 203 c Advance Banking
Semester – III
301 Management Accounting I 301 Management Accounting I
302 Entrepreneurship & Project
Management
302 Entrepreneurship & Project
Management
303 Organizational Behaviour 303 Organizational Behaviour
304 Specialization paper -III 304 Specialization paper -III
Semester - IV
401 Corporate Social Responsibility 403c Corporate Social Responsibility
402 Modern Retail Management 402 Modern Retail Management
403 Information System for Business 403 a Information System for Business
404 Specialisation Paper IV or
Project Report & Viva voce
404 Specialisation Paper IV or
Project Report & Viva voce
Specialisations
OLD NEW
A Advanced Accountancy A Advanced Accountancy
B Advanced Cost Accountancy B Advanced Cost Accountancy
C Human Resource Management C Human Resource Management
D Marketing Management D Marketing Management
E Supply Chain Management E Supply Chain Management
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper: 101 Economics of Industries-I 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60 UNIT 1. Introduction (Lectures: 08)
a) Meaning and Scope of Industrial Economics
b) Need and Significance of The Study of Industrial Economics
c) Economic & Agricultural Development and Industrialization
d) Factors Affecting Industrial Development
UNIT 2. Industrial Decisions & Market Structure (Lectures: 08)
a) Competition or Co-Operation.
b) Firm Behavior & Market Outcomes.
c) Cartel, Collusion, Merger, Take Over & Acquisition Concepts
UNIT 3. Industrial Location Analysis (Lectures: 08)
a) Meaning of Industrial Location.
b) Determinants of Industrial Location.
c) Weber’s & Florence’s Theories of Industrial Location
UNIT 4. Investment, Research, Development & Innovation in Industry. (Lectures: 12)
a) Investment Decisions
I. The Nature & Types of Investment Decisions
II. Preparation of the Profile of a Project.
III. Pricing Methods of Project Evaluation
IV. Risk and Uncertainties in Project Appraisal.
b) Research, Development and Innovation.
I. Meaning.
II. R & D Expenditure as an Investment Decision.
III. The Relationship between R & D, Inputs & Outputs
IV. Rationalization & Automation.
i. Meaning & Objectives.
ii. Benefits and Problems, Policy.
UNIT 5. Price and Non-Price Competition (Lectures:14)
a. Pricing in industry
I. General Situation for Pricing Decisions.
II. Pricing Under Perfect & Imperfect Competition: in theory
III. Pricing Procedures in Practice.
IV. Pricing Methods.
V. Pricing in Public Enterprises
VI. Price Wars: Theories and Evidence
b. Non-Price Competition
I. Meaning of Non-Price Competition& Product Differentiation
II. Horizontal Product Differentiation
III. Brand Proliferation as an Entry Deterrence Strategy
IV. Vertical Product Differentiation
V. Price Discrimination: First- Second-& Third Degree Price Discrimination
UNIT 6. Entry Deterrence and Entry Accommodation (Lectures: 10)
a. Introduction
b. Strategic Substitutes and Strategic Complements
c. Entry Deterrence and Entry Accommodation
d. Taxonomy of Business Strategies
e. Contestable Markets: Features & Key conditions
Reference Books
1. Ferguson, Paul R. and Glenys J. Ferguson, (1994), Industrial Economics - Issues and
Perspectives, Macmillan, London.
2. Shepher, William G. (1985), The Economics of industrial Organization, Prentice - Hall, Inc,
Englewood Cliffs, N. J.
3. Staley, E & Morse R. (1965), Modern Small Industry for Developing Countries, McGraw Hill
Book Company.
4. Elizabeth E. Bailey William J. Baumol : Deregulation and the Theory of Contestable
Markets,1984, Volume 1 Issue 2 Yale Journal on Regulation.
5. Reza Aboutalebi : The Taxonomy of International Manufacturing Strategies , Surrey Business
School, University of Surrey, Guildford, UK e-mail: [email protected]
6. Joe Chen 111 8.4 A taxonomy of business strategies Lecture Notes: Industrial Organization
7. G. Symeonids : Industrial Economics ,2011, London School of Economics & Political Science.
8. Ahluwalia, I. J. (1985), Industrial Growth in India - Stagnation since Mid-sixties, Oxford
University Press, New Delhi.
9. Ahluwalia, I. J. (1991), Productivity and Growth in Indian Manufacturing, Oxford University
Press, New Delhi.
10. Desai, A. V. (1994), “Factors Underlying the Slow Growth of Indian Industry”, in Indian Growth
and Stagnation - The Debate in India Ex. Deepak Nayyar, Oxford University Press.
11. Vepa R. K. (1988), Modern Small Industry in India, Sage Publications.
12. Srivastava, M.P. (1987), Problems of Accountability of Public Enterprises in India, Uppal
Publishing House, New Delhi.
13. Mohanty, Binode (1991), Ed. Economic Development Perspectives, Vol. 3, public Enterprises
and Performance, Common Wealth Publishers, New Delhi.
14. Jyotsna and Narayan B. (1990), “Performance Appraisal of PEs in India: A Conceptual
Approach”, in Public Enterprises in India - Principles and Performance, Ed. Srivastave V.K.L.,
Chug Publications, Allahabad
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper: 102 Strategic Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
UNIT1. Strategic Management: Overview Lectures: 10
a) Strategy: Concept, Elements of Strategy, Types, Levels of Strategy Operation, Strategy
Decision Making, Issues in Strategic Decision Making.
b) Strategic Planning: Concept, Evolution of Strategic Planning, Levels of Strategic Planning,
Strategy Makers & Strategic Decisions, Dimensions of Strategic Decisions.
c) Strategic Management: Definition, Features, Elements in Strategic Management Process,
Model of Strategic Management Process.
d) Business Policy: Nature, Importance, Objectives & Classification, Current Trends in Business
Policy, Difference between Strategy and Policy.
UNIT 2 Strategic Intent and Environmental Appraisal Lectures: 10
a) Strategic Intent: Vision, Mission, Purpose, Goals and Objectives, Values.
b) Environmental Appraisal: Concepts of Environment, Characteristics, Factors to be Considered
for Environmental Scanning, Approaches to Environmental Scanning, Sources of Information
for environmental Scanning, Factors affecting Environmental Appraisal.
c) Organizational Appraisal: Capability factors, Methods and Techniques.
d) Strategic Choice: Meaning, Process, Factors and Analysis – Portfolio and SWOT.
UNIT 3. Competitive Advantage Lectures: 06
a) Concept and Sources of Competitive Advantage.
b) Kinds of competitive advantage: Position and Capability and their inter‐relationship.
c) Sustainable competitive advantage.
d) Cost‐Benefit analysis of competitive advantage.
UNIT 4. Strategy Implementation Lectures: 15
a) Strategy Implementation: Aspects, Project & Procedural Implementation, Resource
Allocation.
b) Structural Implementation – Structural Considerations, Structures for Strategy, Organization
Design and Change, Organization Systems.
c) Behavioral Implementation – Leadership Implementation, Corporate Culture, Corporate
Politics and Use of Power, Social Responsibility and Strategic Management, Personal Value
and Ethics.
d) Functional Implementation of Strategies-Functional Policies, Role of Functional policies.
UNIT 5. Strategy Evaluation and Control Lectures: 15
a) Strategic Evaluation: Nature, Importance, Participants, Barriers.
b) Strategic Control and Operational Controls, Differnce between Strategic Control and
Operational Controls.
UNIT 6. Techniques of Strategic Evaluation Lectures: Lectures:04
a) Control -Evaluation Techniques for Stategic Control, Evaluation Techniques for
Operational Control
--- REFERENCE BOOKS ---
1. Business policy and Strategic Management – Azhar Kazmi, Tata McGraw Hill, New Delhi.
2. Marketing Strategy & Competitive Positioning by Hooley – Pearson Education, Delhi Delhi.
3. Business Policy and Strategic Management: Concepts and Applications,- Gupta, Gollakota,
Shrinivasan- Prentice Hall India, New Delhi.
4. Strategic Management - Hunger, Wheelen, Addison Weesley
5. Strategic Management - P.SubbaRao, Himalaya Pub.New Delhi.
6. Strategic Management Concepts and Cases – Upendra Kachru, Excel Books, New Delhi.
7. Strategic Management - Francis Cherunilam, Himalaya Publishing House, New Delhi.
8. Strategic Management- Saloner, Shepard, Podolny Willey India
9. Strategic Management - B Hiriyappa, New Age International, New Delhi.
10. Strategic Management - V.S.P. Rao, Harikrishna, Excel Books, New Delhi.
11. Business Policy: Strategic Management - L.M.Prasad, Sultan Chand and Sons, New Delhi.
12. Concepts in Strategic Management and Business Policy –Thomas L.Wheelen and J.David
Hunger
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper: 103 Research Methodology in Commerce & Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Objectives:
To study Research Methodology for decision making in business
To understand process of research by students by filling questionnaire for preparation of
research report.
UNIT 1. Introduction to Research (12)
1.1. Meaning, Objective, Importance & Need of Research in Business
1.2 Qualities of good research, Classification of Research: Basic research, Pure and Applied
Research, descriptive Research, Diagnostic Research, Analytical and Empirical Research.
1.3 Issues and Problems in Research.
1.4 Research through cyber way, Plagiarism in Research.
UNIT 2. Research Methodology (10)
2.1. Meaning of Research Methodology
2.2.Steps in Process of Research Methodology: Formulating the research problem, Extensive
literature survey, Development of working hypotheses, Preparing the research design, Collecting the
data, Execution of the project, Analysis of data, Hypothesis-testing, Preparation of the report or the
thesis.
2.3 Case Study-Meaning, Characteristics and steps involved in case study (selection, gathering,
interpretation, reporting)
UNIT 3. Sampling and Sample Design (12)
3.1. Meaning and need of Sample and Sampling.
3.2 Steps in Sampling Design,
3.3 Essential of good sampling
3.4 Sampling Methods
3.4.1.Probability Sampling: Simple random, Systematic, Stratified, Cluster, Area, Multi-stage,
Proportional, Sequential sampling.
3.4.2. Non-probability Sampling: Convenience, Quota, Snowball, Judgment
3.5 Sampling Error and Non Sampling Error
UNIT 4. Data Collection and Statistical tools (10)
4.1. Meaning and Types of Data:
4.2 Primary Data and Secondary: Meaning, Significance and Limitations,
4.3 Methods of Data Collection: Observation, Interview, Questionnaire, Schedule & Survey Method.
4.4 Meaning and types of Questionnaire, Guidelines for Constructing Questionnaire/ Schedule,
Choice of Questions
4.5 Meaning and types of Scales: Nominal, Ordinal, Interval, Ratio
4.6 Statistical Analysis: Correlation, Regression, Dispersion and ANOVA
UNIT 5. Testing of Hypotheses (08)
5.1. Hypothesis: Meaning, Sources, Importance
5.2. Procedure for Hypotheses Testing
5.3. Types of Hypothesis Testing:
Parametric Test: t- test, F-test, z-test,
Non Parametric Test: Chi-square, and ANOVA (one way & two ways)
UNIT 6. Interpretation & Report Writing (08)
6.1. Interpretation: Meaning and Precautions
6.2. Report Writing: Meaning and Importance
6.3. Essential of good Research Report, Types of Research Report
6.4 Steps, Layout of the Research Report
6.5. Types of Research Reports
6.6. Footnotes and Bibliography: references and criteria for bibliography
a) APA (American Psychological Association)
B) MLA (Modern Language Association)
REFERENCES:
1. Research Methodology – Shrivastava - TMH
2. Research Methodology (Methods & Techniques) – C.R.Kothari - Wiley Eastern Ltd
3. Business Research Methodology – J.K. Sachdeva- Himalaya Publishing House
4. Research Methodology – A.B. Rao - Excel Books
5. Methodology And Techniques of Social Research- Wilkinson & Bhandarkar- Himalaya Publishing
House
6. Business Research Methods- Murthy, Bhojanna- Excel Books
1. Research Methodology – Smarth & Siriya – S. Chand & Company Ltd.
2. SPSS Online Manual
3. A Handbook of Statistical Analysis of SPSS- Sabine Landau and Brian S. Everitt-A CRC Press
Company
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper-I : 104 (A) Advanced Accountancy 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
A) Title of Paper Advanced Aspects of Accounting
B) Course Objectives After studying this paper the student will be able to –
1. understand the advanced aspects of accounting relating to
company liquidation, Holding company, and Hire-purchase
2 .understand the method of presenting financial statements by
Insurance companies
3. Understand the accounting procedure for goods of small value
under hire- purchases transactions
C) Level of Knowledge
expected
Working knowledge with application skill
D) Medium of
Instructions
English
E) Instructions as to
study and
examinations
a) This subject shall be studied in English medium.
b) The question paper shall be set in English, and the students
shall answer the paper in English medium only.
c) Out of the total marks in question paper, 40% marks will be
allotted for theory questions, and 60% marks will be for the
practical problems.
F) Course contents Covering 6 Units as detailed below -
Particulars No of
lectures
UNIT 1 - Accounting Standards – Elementary study of the following
Accounting Standards – (Theory only)
1) AS – 16 Borrowing Costs
2) AS – 17 Segment Reporting
3) AS – 20 Earning per Share
4) AS – 22 Accounting for Taxes on Income
08
UNIT 2 - Value Added Accounting & Reporting:
(a) Concepts of value addition - Meaning, Utility, and Disclosure of
Value Added Statement (VAS) -
(b) Concept and Computation of -
1. Economic Value Added (EVA)
2. Gross Value Added (GVA)
3. Net Value Added (NVA)
4. Market Value Added (MVA) –
(Theory and practical problems)
08
UNIT 3 - FINANCIAL STATEMENTS OF HOLDING COMPANIES
Consolidated Financial Statements of Holding Companies –
Consolidation with adjustments of - Inter-company transaction, Issue of
Bonus Shares, Revaluation of fixed Assets, Debentures and Preference
Shares of subsidiary Company, Dividend.
Refer to the Accounting Standard AS 21 “Consolidated Financial
Statements”,
and Ind-AS 27 – “Consolidated and Separate Financial Statements”
(Note - Holding company with two or more subsidiaries to be studied)
(Theory and practical problems)
12
UNIT 4 - LIQUIDATION OF COMPANIES
Preparation of Statements of affairs including deficiency/surplus account as per
the provisions of the company law
(Theory and practical problems)
10
UNIT 5 - FINANCIAL STATEMENTS OF INSURANCE COMPANIES
Preparation of final accounts of Insurance companies carrying on General
Insurance business, as per the forms prescribed by the Insurance Regulatory and
Development Authority Regulations 2002 -
- Revenue Accounts in Form B- RA
- Profit and Loss Account in Form B- PL, and
- Balance Sheet in Form B- BS
(Theory and practical problems)
10
UNIT 6 - ACCOUNTING FOR GOODS OF SMALL VALUE UNDER
HIRE- PURCHASES TRANSACTIONS -
Preparation of Hire Purchase Trading Account in the books of hire vendor
under –
(a) Debtors Method, and
(b) Stock and Debtors Method
(Theory and practical problems)
12
60
Reference books –
Books on Accounting
1) Advanced Accounting – II, Dr. S. N. Maheshwari& Dr. S. K. Maheshwari, Vikas Publishing
House, New Delhi
2) Corporate Accounting, Dr. S. N. Maheshwari, Viakas Publishing House Pvt. Ltd. New Delhi
3) Advanced Accounting, Dr. Ashok Sehgal& Dr. Deepak Sehgal: Taxmann, New Delhi
4) Advanced Accountancy – Vol. II , R. L. Gupta & M. Radhaswamy, Sultan Chand & Sons
5) Advanced Accounts, M. C. Shukla, T. S. Grewal & S.C. Gupta, S. Chand & Co Ltd.
6) Advanced Accounts - Jain and Narang - Kalyani Publishers, Ludhiana
7) Accountancy, Volume-I and II, Sr. K. Paul , New Central Book Agency, Kolkata
8) Accounting Theory, R. K. Lele and Jawaharlal, Himalaya Publishers
9) Accounting Theory, Dr. L. S. Porwal, Tata McGraw Hill.
10) Accounting Text & Cases, Robert Anthony, D. F. Hawkins & K. A. Merchant- Tata McGraw Hill
11) Accounting - Including Applicable Accounting Standards [CA-Intermediate (IPC – Group I)] (4th
Edition, June 2016) – written by D. G. Sharma, publisher Taxmann Publications
12) Advanced Accounting - Including Applicable Accounting Standards [CA-Intermediate (IPC)] (4th
Edition, June 2016) – written by D. G. Sharma, publisher Taxmann Publications
Books on Accounting Standards Ind-AS and IFRS
13) Students Guide to Accounting Standards (CA/CMA Final ) written by D S Rawat, published by
Taxmann Publications 30th Edition 2017
14) Taxmann’s “Indian Accounting Standards and IFRSs for Non-finance Executives” – written by T.
P. Ghosh– publisher Taxmann Publications
15) A Complete Guide for Converged Indian Accounting Standards IND-ASs & IFRS (Book + CD)
Author : Amit Gupta (FCA)
16) A Complete Guide for Converged Indian Accounting Standards IND-ASs & IFRS (Book + CD)
Author : Dr. A.L.Saini Publisher – Snow White
17) Accounting Standards & IFRS with Power-point Presentations on Accounting Standards, IFRS &
Indian GAAP (Book + Free web-Download) Author : Kamal Garg (C.A) - Bharat Publications
18) Accounting Standards (for CA-IPCC) Author : D. G. Sharma (for Taxmann) Edition : 2nd edition,
2014 Taxmann
19) Accounting Standards (for CA Final) D. G. Sharma (for Taxmann) Edition : 2nd edition, 2014
Taxmann
20) Taxmann’s “IFRSs Simplified” – written by T. P. Ghosh – publisher Taxmann Publications
21) Taxmann’s “Illustrated Guide to Indian Accounting Standards and IFRSs” – written by Amitabh
Mukherjee– publisher Taxmann Publications
22) Taxmann’s “Guide to Indian Accounting Standards converged with IFRSs” – written by T. P.
Ghosh and CA Shrinivasn Anand – publisher Taxmann Publications
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper-I: 104 (B) Advanced Cost Accountancy 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
A) Title of Paper Elements of Cost, and accounting & control of the elements of costs
B) Course Objectives After studying this paper the student will be able to -
1. acquaint with the subject of Cost Accounting and its
significance
2. understand the concepts of materials, labour and overheads as
elements of costs, and the accounting procedure for these
elements of costs
3. understand the controlling aspects of these elements of costs
compute the total cost of output by accumulating costs in the
form of a cost sheet
4. To understand the basis for preparation of tender.
C) Level of Knowledge
expected
Working knowledge with application skill
D) Medium of Instructions English
E) Instructions as to study
and examinations
d) This subject shall be studied in English medium.
e) The question paper shall be set in English, and the students shall
answer the paper in English medium only.
f) Out of the total marks in question paper, 40% marks will be
allotted for theory questions and 60% marks will be for the
practical problems.
F) Course contents Covering 6 Units as detailed below -
Unit I - Introduction of Cost Accounting and concepts thereunder –
08
Lectures
(a) Cost Accountancy – Concept of Cost, Costing, Cost Accounting and Cost
Accountancy - Objectives, Importance, Scope, Advantages, Limitations of Cost
Accounting,
(b) Essential Qualities of a good Cost-accounting system, factors to be considered for
installing a cost accounting system,
(c) Relationship between cost accounting, financial accounting, and management
accounting
(Refreshing the concepts already covered at B Com programme)
Unit II - Materials as an element of cost; techniques of Inventory control
12
Lectures
a) Importance and objectives of materials control - Purchase procedure, Duties of
Storekeeper, Perpetual inventory system and continuous stock taking
b) Documentation in Purchasing, Storing, and Issuing materials - [1] Bill of Material,
[2] Purchase Requisition, [3] Purchase Order, [4] Goods Received Note, [5]
Material Requisition Note, [6] Materials Return Note, [7] Material Transfer Note,
[8] Bin Card, [9] Store Ledger, [10] Stock Verification Report [Study of concepts
and formats of these documents]
c) Accounting treatment of the following items in materials cost accounting - Carriage
inward on raw materials, Cash discount received on purchase of materials,
Insurance costs on stocks of raw materials, Storage losses namely waste, scrap,
spoilage, and defectives
d) Techniques of inventory control –
1. Setting of Various Stock Levels – Maximum, Minimum, Average, Reorder
levels.
2. ABC Analysis
3. Two-Bin System.
4. Establishment of System of Budgets.
5. Use of Perpetual Inventory Records and Continuous Stock Verification – Bin
Card, Store Ledger.
6. Determination of Economic Order Quantity.
7. Review of Slow moving and Non-moving Materials and Stock Items.
8. Use of Control Ratios – Input-output Ratio, Inventory Turnover Ratio.
[Advanced practical problems on EOQ, including the EOQ when there is quantity
discount; ABC analysis; Stock Levels; Store Ledger showing pricing of material
issues - FIFO, LIFO, Simple Average, and Weighted Average rates of material
issues including normal and abnormal loss of material ]
Unit III - Labour as an element of cost; techniques of labour cost control
12
Lectures
a) Importance and objectives of control of labour cost – concepts of time keeping and
time booking and their objectives
b) Wage payment - Qualities of sound wage payment system, and scheme of incentives
to workers
c) Methods of wage payment
Computation of wages under different methods of wage payment –
1. Time-rate System and Piece-rate System -
3. Differential Piece-rate System - Taylor’s Differential Piece-Rate Plan,
Merrick’s Multiple Piece Rate Plan, Gantt’s Task and bonus Plan,
Emerson Efficiency Plan
4. Incentive Wage Plans - Halsey Premium Plan, Rowan Premium Plan, Profit
sharing and Co-partnership scheme
d) Concepts of idle-time wages, over-time premium, and night-shift allowance, and
their accounting treatment in cost accounting
e) Labour turnover- meaning, causes, effects, measurement.
[Advanced practical problems on wages computation under different methods of
wage payment stated above including overtime premium, night-shift allowance
and bonus; labour turnover rate using separation method, replacement method,
and flux method]
Unit IV - Overheads as an element of costs, their accounting and control
12
Lectures
(a) Meaning, and classification of overheads by function and by nature,
(b) Accounting and control of manufacturing overheads – Collection, allocation,
apportionment, primary and secondary distribution, absorption of overheads;
Under-absorption and over-absorption of overheads
(c) Accounting and control of Administrative overheads, and Selling & Distribution
overheads,
(d) Treatment of following items in cost accounting - Interest and financial charges,
depreciation, packing-expenses, fringe benefits, bad-debts, training expenses,
canteen expenses, expenses of welfare activities, night-shift allowance.
[Advanced practical problems be solved on -
(i) Primary distribution of overheads
(ii) Secondary distribution of overheads – under Repeated distribution method and
Simultaneous equation method.
(iii) Absorption of overheads – Computation of various rates of absorbing overheads to
various products or jobs – Machine-hour rate, Labour-hour rate, rate per unit of
production, percentage of direct wages, percentage of prime cost,
(iv) Computation of Machine-hour Rate from the given details.]
Unit V – Introduction to the Methods of Costing and Techniques of Costing
08
Lectures
(a) Methods of costing - Job Costing, Batch Costing, Contract Costing, Single /
Output Costing, Process costing, Operating Costing (Theoretical concepts only)
(b) Techniques of costing - Historical Costing, Standard Costing, Direct Costing,
Absorption Costing, Marginal Costing, Uniform Costing (Theoretical concepts
only)
(c) Activity Based Costing (ABC) – Concept of ABC, Features of ABC, benefits and
weaknesses of ABC
[Simple practical problems to be solved on Activity based Costing]
Unit VI - Preparation of Cost Sheet and quotations
08
Lectures
(a) Meaning of cost sheet; nature of cost sheet, its advantages and disadvantages
(b) Preparation of cost sheet for ascertainment of cost and profit,
(c) Quotation and tenders - concept, preparation of tenders, and quotations for jobs,
[Advanced practical problems on
(1) preparation of cost sheet showing aggregate costs and per unit cost, so as to judge
the ability to distinguish between cost items and non-cost items given in the
problem; and
(2) preparation of tenders and quotations]
G) RECOMMENDED BOOKS AND REFERENCES
1. Basics of Cost Accounting by V. K. Saxena and C. D. Vashist - Sultan Chand & Sons, New Delhi
2. Cost Accounting – Problems and Solutions - V. K. Saxena and C. D. Vashist - Sultan Chand & Sons,
New Delhi
3. Fundamentals of Cost Accounting by S N Maheshwari – Sultan Chand & Sons, New Delhi
4. Principles and Practice of Cost Accounting by N K Prasad
5. Cost Accounting by Jawaharlal – Tata McGraw Hill Publishing company Limited New Delhi
6. Cost Accounting Principles & Practice by Nigam & Sharma
7. Cost Accounting Principles & Practice by S P Iyenger
8. Cost Accounting Principles & Practice by P K Ghosh
9. Cost Accounting Principles & Practice by B S Khanna
10. Practical Costing (Self-Tutor) by Gauri Shankar - Himalaya Publishing House, Mumbai
11. Cost Accounting by Jain & Narang
12. Practical Costing by Ahuja , Khanna & Pandey
13. Cost Accounting by B K Bhar
14. Cost & Management Accounting [ For CS Inter] - V. K. Saxena and C. D. Vashist - Sultan Chand
& Sons, New Delhi
15. Cost & Management Accounting [ For Stage II of ICWA Inter] - V. K. Saxena and C. D. Vashist –
Sultan Chand & Sons, New Delhi
16. Cost and Management Accounting (Theory Problems and Solutions) by M N Arora – Himalaya
Publishing House, Mumbai
17. Cost Accounting by Ravi M Kishore - Taxmann Allied Services Pvt Ltd
18. A Text Book (with in-built Complier) on Cost Accounting by S. K. Aggarwal, Abha Aggarwal –
Reliance Publications Ltd, Gurgaon
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper-I: 104 C) Human Resource Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Objective :
To endow the student with a broad perspective on themes and issues of Human Resource
Management
To apply theories of social science disciplines to work place issues.
To understand the importance of training and morale.
To know the role of Ethics in HRM.
------------------------------------------------------------------------------------------------------------------------
UNIT 1) Human Resource Management and its environment 10 Lectures
a) Meaning, objectives, function and importance of HRM
b) Process, Approaches and Challenges of HRM.
c) Human Resource Policies and Environment in India. (equality & diversity)
d) Issues of Personnel administration & HR Management.
e) Role, Qualities and Functions of HR Manager.
UNIT 2) Human Resource Planning 12 Lectures
a) Human Resource Planning- Meaning, Objective, Needs and Features.
b) Concepts of Job analysis, Job design, Job Evaluation, Job Enrichment & Job satisfaction.
c) Career Planning- Meaning, Process and Importance Career Development- Concept, Elements
and Process.
d) Management development, Electronic MDP’s & MDP evaluation.
UNIT 3) Training and Development 10 Lectures
a) Concept, Objectives and Importance of Training.
b) Identification of Training Needs and areas.
c) Types and Methods of Training.
d) Designing and Evaluation of Training Programmes.
e) Organisational learning, lifelong learning concepts of training.
f) Stress - Meaning, Causes in effects of stress on Executive.
UNIT 4) Workers Participation in Management 10 Lectures
a) Meaning and need of Participation.
b) Forms of Participation.
c) Consultative Supervisions, Democratic Supervision.
d) Multiple Management, Labour Management Co-operation
e) Causes of Failure of Joint Management Councils, Suggestions, Programme, Employee
Director, Labour Management Association.
f) The new scheme of participation, Its Limitation, Collective bargaining, Features of collective
bargaining, Labour Legislation of collective bargaining.
UNIT 5) Employee Morale 10 Lectures
a) Concept, objective, importance of training.
b) Determination of morale.
c) Effects of low and high morale.
d) Measures for improvement in morale.
e) Morale and productivity.
UNIT 6) Ethical issue in HRM 08 Lectures
a) Ethics – Nature and need.
b) Ethical issue cash and incentive plans, privacy issues, Safety and health issue, Restructuring
and layoff issue.
c) Corporate culture and Ethical climate.
d) Sources of resolving ethical issues.
e) Managing ethics.
REFERENCE BOOKS :
1. Dynamics of Industrial Relations in India - C. B. Mammoria, S. Mammoria, Himalaya
Publishing House.
2. Strategic HRM - Dr. Ramakantha Patra, Himalaya Publishing House.
3. Human Resource Management - Dr. P. C. Pardeshi, 3rd Revised Edition, Nirali Prakashan.
4. Human Resource Management - Micheal Muller & others, Jaico Book House, Bangalore.
5. Human Resource Management - R. S. Dwividi, Vikas Publishing House, Pvt. Ltd.
6. Human Resource Management - Anjali Ghanekar, Everest Publishing House 20.
7. Human Resource Management – K.Ashwathappa –TMH
8. Human Resource Management – C.B.Gupta, Sultan chand & Co.
9. Human Resource Management - Dr. S.L.Shiragave,Success Publication
10. Human Resource Management - Sharp Publisher
11. Personnel & Human Resource Management - S.R.Robins, Hall of INDIA
12. Personnel and Human Resource Management - P. Subba Rao, Himalaya Publishing House.
13. Personnel Management - Edvin Flippo, McGraw Hill, International Edition.
14. Personnel Management and Industrial Relation - Dr. T. N. Bhagoliwal, Sahitya Bhavan, Agra.
--------------------------------------------------------------------------------------------------------------------------
-
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper-I: 104 D Marketing Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Objectives:
· To facilitate understanding of the conceptual framework of marketing.
· Students able to define and analyze the marketing problems through the formulation
of marketing objectives, policies, programmes and strategies.
· To help students comprehend various situations and marketing terminologies
· To help students understand various marketing tools/models for solving marketing
problems
· To understand effective marketing strategies to achieve organizational objectives.
_________________________________________________________________________________
UNI T 01 Service Marketing: 08
` Introduction
Marketing Concept & Orientation
Different Service Marketing Activities
Service Marketing Philosophy & Definition
UNIT 02 Marketing mix in Services : 10
Service Product or Package, Pricing,
Place or Distribution, Promotion, People or Internal Marketing
Physical Evidence, Process Management
Issues in Service marketing
UNIT 03 Rural Marketing: 10
Meaning and Definition
Rural Marketing Environment - Population , Occupation Pattern,
Income Generation, Expenditure Pattern, Literacy Level,
Infrastructure Facilities, Land Use Pattern
UNIT 04 Rural market Segmentation and Pricing 10
Rural market segmentation:
Occupational, Sociological, Thomson Rule Market Index
Lin-Quest and MICA Rating
Pricing:
Marketing Costs, Price Structure, Selecting price method
Trends in Agricultural Price Policies, Small farmers and Procurement prices,
Consumer Price- Producer Price Differences
UNIT 05 International Marketing: 10
Definition and Scope
Motives of International Marketing
Global Marketing Environment:
Demographic, Socio-economic,
Cultural, Political, Technological, Government.
International Trading Environment
UNIT 06 International Market Selection and Pricing 12
International Market selection:
Market Selection Process, Market profiling,
Market Segment Selection
International Pricing:
Exporters Cost, Pricing Objectives, Factors Affecting Pricing,
Pricing methods -Transfer Pricing, dumping,
Steps in Pricing,
Export Price Structure, Export Price Quotations and Inco Terms
REFERENCE BOOKS:
1. Varshney and Bhattacharya, International marketing Management – An Indian Perspective, Sultan
Chand & Sons, New Delhi.
2. Keegan, Global Marketing Management, Prentice Hall of India, New Delhi.
3. Philip Cateora and John Graham, International Marketing, Tata Mc Graw Hill, New Delhi.
4. D.C.Kapoor, Export Management, Vikes Publishing House, New Delhi.
5. Francis Cherunilam,International Marketing, Himalaya Publishing House,Mumbai
6. C B Mamoria,R K Suri,Satish Mamoria, Marketing Management,Kitab Mahal,Allahbad.
7. Services Marketing’ – S. M. Jha – Himalaya Publishing House 13
8. Services Marketing’ – C. Bhattacharjee – Excel Books
9. Service Marketing – Christopher Lovelock, JochenWirtz, JayantaChatterjee – Pearson Education
Asia
10. Services Marketing – Ravi Shankar – Excel Books
11. R V Badi,N V Badi, Rural Marketing, Himalaya Publishing House,Mumbai
12. T P Gopalswamy, Rural marketing, Vikas Publishing House
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: I
Paper-I: 104 (E) SUPPLY CHAIN MANAGEMENT 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Objectives –
1 To understand the concept and role of SCM
2 To understand the relationship between marketing channels, logistics and supply chain
3 To Align supply chain integration strategy with the uncertainty conditions of supply and demand
4 To know how to manage inventory efficiently and products, channels, and geography.
5 To understand the key functions in a supply chain Management.
6 To describe how a company's supply chain aligns with its marketing strategy.
---------------------------------------------------------------------------------------------------------------------------
--
UNIT 1. Overview of Supply Chain Management Lectures: 10
a) Concept and Definition
b) Evolution of SCM
c) Nature of SCM
d) Contributions of SCM
e) Issues and Challenges for SCM
f) SCM in India
UNIT 2. Understanding the Supply Chain Lectures: 10
a) Concept and Objectives of Supply Chain
b) Importance of Supply Chain Decisions
c) Decision Phases in Supply Chain
d) Process View of Supply Chain
1) Cycle View of Supply Chain Processes
2) Push/Pull View of Supply Chain Processes
UNIT 3. Managing the Supply Chain Lectures: 10
a) The Development Chain
b) Global Optimization
c) Managing uncertainty and risk
d) The Complexity
e) Key Issues in Supply Chain Management
UNIT 4. Supply Chain Strategy Lectures: 10
a) Introduction
b) Competitive and Supply Chain
c) Achieving Strategic Fit
d) Expanding Strategic Scope
e) Corporate Strategy
f) Strategic role of SCM
UNIT 5. Supply Chain Performance Lectures: 10
a) Drivers of Supply Chain Performance
b) Components of Facility Decisions
c) Framework of Supply Chain Drivers
d) Obstacles to Achieving Fit
UNIT 6. Supply Chain Planning Strategy Lectures: 10
a) Introduction and Concept
b) Levels of Planning and Major Planning Areas
c) Timing of Planning
d) Guidelines of Strategy Formulation
e) Measuring Supply Chain Planning Strategy
Book Recommended
1) Supply Chain Management- K Shridhar Bhatt- Himalaya Publishing House
2) Supply Chain Mangement- Sunil Chopra, Peter Mendl- Prentice Hall of India
3) Supply Chain and Logistics Management- Donal Bowersox, David Closs- Tata Macgraw Hill
4) Exploring the Supply Chain- Upendra Kachru, Excel Books
5) Supply Chain Management- D K Agrawal, Macmillan Publishers
6) Logistics Management- V. V Sople, Pearson Education
7) Supply Chain Management- Concept and Cases, Rahul V Altekar- Prentice Hall of India
8) Supply Chain Management- Janat Shah, Pearson Education
M.Com
SEMESTER-II
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper: 201 Economics of Industries-II 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
1. Industrialization& Industrial Sector in India Lectures: 10
a. The Role of Industrialization
b. Review of Industrial Development in India.
c. Pattern of Industrial Development In India
d. Private Sector in India : Role, Private Sector Corporate Giants, Role, Performance
e. Public Sector in India: Role, Important Public Sector Enterprises & Performance.
f. Large And Small Scale Industries: Role and Performance
g. Some Major Industries In India
2. Problems of Indian Industry. Lectures: 12
a. Problems of Industrial Development in India
a. Economic Crisis and Structural Changes in Industries after 1991.
b. Problems of Private Sector Enterprises in India
c. Problems of Public Sector Enterprises in India
d. Problems of Small, Scale Industries in India
e. Industrial Sickness: Definition, Magnitude, Causes, Consequences and Remedial
Measures.
f. Problems of Dispersal and Decentralization of Industries.
g. Need of Balanced Regional Development of Industries
h. Government Measures towards Balanced Regional Development of Industries
3. Government Regulation of firms and Industry Lectures: 08
a. Regulation: Meaning, Need and Tools of Regulation
b. Regulation of Firms with Market Power under Symmetric Information.
c. Regulation Under Asymmetric Information
d. The Industries(Development and Regulation) Act, 1951
e. Industrial Regulation Authorities in India: Objectives, Role & Functions
4. Government Deregulation of firms and Industry Lectures: 08
a. Deregulation: Meaning and Its Rationale
b. Deregulation , Liberalization & Privatization
c. Privatization :Evolution of Privatization Policy In India & Its Methods
d. Critique of Privatization & Disinvestment
e. Competition Policy: Objectives , Difficulties & Policy In Practice
5. Globalization and the Indian Industry. Lectures: 10
a. Globalization: Meaning & Steps Towards Globalization in India
b. Effects of Globalization On Indian Firms & Industries
c. Foreign Capital , Foreign Direct Investment & Multinational Corporations In India
d. A Critical Appraisal of MNCs Operations In India
e. Control Over MNCs
f. Foreign collaborations in India
g. Debate over Nationalism V/S Globalization.
6. Industrial Labor Lectures: 12
a. Features of Indian Industrial Labor.
b. Productivity of Industrial Labor
c. Demand For Labor & Supply of Labor & Determination of Wages
d. Labor Wage Policy in India
e. Current Trends in Collective Bargaining.
f. Growth, Pattern, Structure and Achievements of Labor Union in India
g. Magnitude & Causes of Industrial Disputes
h. Settlement of Industrial Disputes : Policy of Government
i. Social Security Measures In India,
j. Exit Policy and Right To Strike
Recommended/Reference Books
1. Indian Economy-Mishra & Puri (30th Ed) Himalaya publishing house.
2. Indian Economy:Gaurav Datta & Ashwini mahajan ,66th r. ed. S.chand .
3. Industrial Economics – Donald H. Hay, Oxford
4. Industrial Economics _ R.R.Barthwal,Wiley.
5. Industrial Economics- Francis Cherunilam,Himalaya .
6. Industrial Economics- Singh & Siddu, Himalaya.
7. Industrial Economics- Shrivastav,S Chand.
8. Safdar Hasmi Marg; New Delhi- 110001 ( On Lilne Www.Irhrjournal.In).
9. An Introduction To Industrial Economics P.J.Divine,R.M.Jones,
N.Lee,W.J.Tyson, George Allen & Unwin (1976)
10. The Indian Journal of Industrial Relations- A Review of Economic & Social
Development, Shree Ram Center For Industrial Relation & Human Resources,
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper: 202 Case Studies in Strategic Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Comprehensive cases on various strategic situations based on application of strategic
management must be discussed and solved, based on topics covered in paper No 102. At
least three cases on each topic are expected, and a minimum 16cases in all shall be studied
during the semester.
--- REFERENCE BOOKS ---
1. Cases in Strategic Management – Azar Kazami, Tata McGraw Hill, New Delhi.
2. Cases in Strategic Management - Anjali Mittal, Tata McGraw Hill, New Delhi.
3. Business policy and Strategic Management – Azhar Kazmi, Tata McGraw Hill, New Delhi.
4. Marketing Strategy & Compitative Positioning by Hooley – Pearson Education, Delhi Delhi.
5. Business Policy and Strategic Management: Concepts and Applications,- Gupta, Gollakota,
Shrinivasan- Prantice Hall India, New Delhi.
6. Strategic Management - Hunger, Wheelen, Addison Weesley
7. Strategic Management - P.SubbaRao, Himalaya Pub.New Delhi.
8. Strategic Management Concepts and Cases - UpendraKachru, Excel Books, New Delhi.
9. Strategic Management - Francis Cherunilam, Himalaya Publishing House, New Delhi.
10. Strategic Management- Saloner, Shepard, Podolny Willey India
11. Strategic Management - B Hiriyappa, New Age International, New Delhi.
12. Strategic Management - V.S.P. Rao, Harikrishna, Excel Books, New Delhi.
13. Business Policy: Strategic Management - L.M.Prasad, Sultan Chand and Sons, New Delhi.
14. Concepts in Strategic Management and Business Policy –Thomas L.Wheelen and J.David
Hunger
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper: 203-A ) Modern Management Practices 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Objectives: students are expected to be able to:
Understand fundamental concepts and principles of management, including the basic
roles, skills, and functions of management.
Be knowledgeable of various theories, principles, process of Management.
Be familiar with interactions between the planning, controlling, and quality control in organizations
Be aware of the ethical dilemmas faced by managers and the social responsibilities of Organization.
UNIT 1 Introduction to Management: 10
Concepts of Management - Functions of Managers, Management Process, Taylor’s Scientific
Management Theory, Henri Fayol’s Principles of Management, Mayo’s Hawthorne Experiments,
Maslow’s Theory of Human Needs and Herzberg’s Two-Factor Theory of Motivation, Managerial
Roles Approach
UNIT 2 Planning and Decision Making 10
Objectives and Significance of Planning, strategic planning process, Types of
Planning, Barriers to Effective Planning, Planning Premises, Key to Planning,
Decision Making. Group Decision Making Techniques: Brain
Storming, Delphi, Nominal Group Technique, Lotus Blossom Technique
UNIT 3 Designing Organizational Structures: 12
Basic concepts related to Organisation - Departmentation and Decentralisation, Types of
mechanistic and organic structures of organisation (Line organization, Line and staff
organization, functional organization, Committee organization, matrix organization, Virtual
Organisation, Cellular Organisation, team structure, boundary less organization, inverted
pyramid structure, lean and flat organization structure) and their merits, demerits and
suitability.
UNIT 4 Leadership and Controlling 08
Leadership- Human Factors in managing, motivation models/approaches, leadership styles/behaviors,
personal characteristics of effective leaders, leadership development, leadership for learning
organizations, Managerial Grid – Communication Process types and barrier.
Controlling: Control process, Types and Problems of Controlling, Requisites of Good Control
System.
UNIT 5 Management control and quality control 12
Managerial ethics and social responsibility: management control–concept and process,
overview of control techniques, effective control system, Types of control Method :
Pre-control - Concurrent control - Post control, an Integrated Control System, Concept of Quality,
Factors affecting Quality, Developing a Quality Control system - Pre-control of inputs,
Concurrent control of operations, Post control of outputs. Factors affecting ethical choices
ethical dilemma social responsibility evaluating corporate social performance managing
company ethics.
UNIT 6 Management of changing Environment and Management styles 08
Changes that are likely to Influence Management- Challenges before management as a result of
changing Circumstances, Management Styles-Type of Management styles-Factors Influencing
Managerial style
Suggested Readings:
1. Robbins, S.P. and Decenzo, D.A.Fundamentals of Management, Pearson Education Asia, New
Delhi.
2. Weihrich Heinz, Cannice V Mark and Koontz Harold, 2008, Management: A Global and
Entrepreneurial Perspective, Tata McGraw Hill Publishing Company Limited, New Delhi.
4. Koontz, H and Wechrich, H Essentials of Management, Tata McGraw Hill
4. Stoner, J et. al,Management,New Delhi, PHI, New Delhi
5. Robbins & Coulter, Management, PHI, New Delhi
6. Satya Raju, Management –Text & Cases, PHI, New Delhi
7. Richard L. Daft, Management, Thomson South –Western
8. F. Luthans, Organizational Behaviour, Prentice Hall of India, N. Delhi
9. R.N.Gupta, Principles of Management, (S. Chand)
10. V.S.P.Rao , Principles of Management , Himalaya Publishing House
11. Tripathi Reddy, Principles of Management, Tata Mc Graw Hill
12 . J.S. Chandan , Management Theory and Practice, Vikas Publishing House
13. T. Ramasamy Principles of Management, Himalaya Publishing House
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper: 203 B International Business 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
UNIT 1 – International Business Lecture -10
1.1 Introduction to International Business, Significance, Nature and recent trends in
International Business, features of International Business Environment, culture
Dynamics in Assessing global market, International Potential spectrum and
management Decision.
1.2 Basis of International trade/ Business : Views of Adam Smith, David Ricardo,
Heckscher and Ohlin.
1.3 Gains from International trade : Meaning nature, sources, factor determining size of
gains.
UNIT 2 - Balance of payments and Foreign Exchange rate Lecture -10
2.1 Meaning components of balance of payment, Causes of disequilibrium in balance of
payment, adjustment mechanism of balance of payment.
2.2 Foreign Exchange rate : Meaning, instruments, determinants of Exchange rate
(Balance of payment theory)
2.3 Types of Exchange rate : Spot and forward Exchange rate , fixed and flexible exchange
rate , Convertibility.
UNIT 3 – International Capital movement and Foreign capital Lecture -10
3.1 Capital Movement : Meaning, Classification and factor governing International
Capital Movement
3.2 Need of Foreign Capital for LCDs
3.3 Sources, types of Foreign Capital
3.4 FDI and FII (Meaning, Objective, Importance Merits & Demerits of FDI)
3.5 FDI in India : from 1991 inflow and outflow, factors affecting to FDI in India, roots
of FDI in India, sector wise and region wise FDI in India, Critical Appraisal of FDI
in India
3.6 Multinational Corporation (Definition, Features, Spread, reasons for the growth of
MNCs, Role of MNCs in developing countries drawbacks of MNCs )
UNIT 4 - Globalization and India Lecture -10
4.1 Meaning of Globalization
4.2 Essential conditions for globalization
4.3 Advantage and disadvantages of globalization
4.4 Globalization and India : Economic crisis in India (1990), The push towards
Globalization
4.5 India’s steps towards globalization,
4.6 Obstacles to globalization in India
4.7 Effects of globalization on Indian Economy
UNIT 5 –International finance Institution and Economics cooperation Lecture -10
5.1 International Finance Institutions:
5.1.1 IMF, World Bank, World bank group, ADB and BRICS Bank: Objectives,
functions, organization, structure, achievements & Critical appraisal.
5.1.2 Problems of international liquidity and SDRs
5.1.3 Euro Dollar Market
5.2 Economic Cooperation in International Trade
5.2.1 Economic Cooperation: Meaning, Forms, and Benefits
5.2.2 Customs Union and free trade area : static and dynamic effects
5.2.3 Group of economic cooperation : EEC , UNCTAD, OECD, OPEC, GATT, WTO,
SAARC, BRICS (Origin, Objectives, Organization, Functions, Achievements and
Failures )
UNIT 6 - New International Economic Order (NIEO) & Global Crisis Lecture -10
6.1 Origin, Definition, needs, Objectives and basis of new international economic order
6.2 Main proposal crisis difficulties and efforts to solve the crisis in NIEO
6.3 Advantage towards NIEO
6.4 International debt problems
6.5 Global financial crisis.
6.6 Economics crisis in India 1990.
6.7 Sub-prime Crisis in America and there impacts on world economy.
Reference :
1. Joshi, Rakesh Mohan, International Business, Oxford University Press.
2. Francis Cherunilam, International Business, Printice Hall of India Pvt. Ltd. New Delhi.
3. K. Aswathappa , International Business, Tata McGraw Hill Publishing Co. Ltd. New Delhi
4. Charles W.L. Hill, International Business, Tata McGraw Hill Publishing Co. Ltd. New Delhi.
5. Daniels, International Business, Pearson..
6. Jaiswal, International Business, Himalaya Publishing House, Bombay.
7. Krugman P.R. & Obstfeld M. (2009), International Economics (theory and Policy), Pearson
(Indian Edition)
8. Mithani D.M., (2010), International Economics, Himalaya Publishing House, Mumbai
9. Zingan M.L., (2008), International Economics, Vrinda Publications Pvt. Ltd., New Delhi
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper: 203 C Advance Banking 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
1. Banking Sector Reforms in India Lectures: 12
a. Structure of Banking System in India
b. Banking Sector Reforms Since 1992
1.Prudential Regulation & Supervision
2.Rehabilitation of Public Sector banks (PSBs)
3. Assets Securitization
4.Reduction in CRR &SLR
5.Deregulation of Interest Rates
6. Phasing Out Directed Credit
7.Promoting Competition
8.Banking Laws Amendments
c. Operations and Performance of Scheduled Commercial Banks after Reform Era
2. Risks Management in Indian Banking Lectures: 12
a. Meaning of Risks Management
b. Risks Management: the Banking Perspective
c. Identification & Measurement
d. Basel III / the Third Basel Accord: 3 pillars
1.Pillar 1: Minimum Capital Requirement
2.Pillar 2: Supervisory Review Process
3.Pillar 3: Market Discipline &Disclosures
e. Basel III Implementation- Challenges for Indian Banking System
f. Fundamental Principles for the Management and Supervision of Liquidity Risk
3. Mergers & Acquisition of Indian Banking Lectures: 10
a. Concepts of Mergers & Acquisition
b. Evolution of Mergers & Acquisition in Indian Banking System
c. Merger During Liberalization Period
d. Motives, Advantages Risks and Evils of M&A
e. Issues in M&A
f. Need for Merger Review Process
g. Impacts of M&A On Various Stakeholders Like Bank Customers, Employees,
Government, Equity Holders etc.
h. Challenges & Opportunities of M & A in Indian Banking
4. Money Market & Capital Markets Reforms in India Lectures: 10
a. Structure& Growth of Money Market in India
b. Money Market Reforms Since 1992
c. Structure & Growth of Capital Market in India
d. Problems of Indian Capital Market
e. Strengthening of Indian Capital Market
f. SEBI’s Role in the Capital Market Development
5. World Financial Crisis & the Indian Economy Lectures: 08
a. Origin of The Crisis
b. Chronology Impact On Various Economies
c. Causes of World Financial Crisis
d. Impact of World Financial Crisis on the Indian Economy
e. Stimulus Measures
f. Protectionism
6. Financial Sector Supervision & Financial Stability Lectures: 08
a. Genesis & Need of Banking & Financial institutions Supervision
b. Review of Supervisory Regulations
c. Financial Regulation & Supervision: Global Initiative
d. Evaluation of the Role International Financial Architectures in Financial Stability
of the World
e. Evaluation of the Role of the Reserve Bank of India (R.B.I) in Financial Stability
f. Bank For International Settlement (BIS)
Reference Books
1. Financial Services & System: K.Sasidharan & Alex K.Mathews: Mc-Grahill, New
Delhi, ISBN: (13)978-002-066805-8
2. Indian Economy: V.K.Puri & S.K.Mishra, Himalaya Publishing, 31st Ed.
3. World Financial Crisis: K.R.Gupta,Atlantic, ISBN:978-81-260-1233-9
4. Legal &Regulatory Aspects of Banking:2nd ed, Indian Institute of Banking &Finance’
Macmillan
5. Global liquidity Crisis: B.R.Gupta, Bhaskar publication,2011, ISBN:978-93-80348-
57-5
6. Banking reforms & Globalization : Mohan p.Shrivastava &others, A.P.H. Publishing
Corporation: New Delhi,2007,ISBN-81-313-0159-1
7. Politics of The Global Crisis: Shreeram Chaulia, 2014,Routldge,New Delhi,
ISBN:978-0-415-73628-2
8. Websites: www.rbi.org.in
9. Bajpai, G.N., Speech on ‘Banking, Insurance and Financial Sector: A vision of the
Future’
10. Information Technology in Indian Banks – Changing Trends’
11. Leeladhar, V., ‘Contemporary and future issues in Indian banking’
12. Prof. Prakash Singh, ‘Global Competitiveness of Indian Banks: A study of select
banking indicators, issues of concern and opportunities’
13. Dr. C. Rangarajan, ‘The Indian Banking System – Challenges Ahead”
14. Basel III Implementation- Challenges for Indian banking system
(Shri N.S. Vishwanathan, Executive Director – August 31, 2015 – Associated
Chambers of Commerce & Industry of India and National Institute of Bank
Management) dtd Sep 04, 2015
https://rbi.org.in/scripts/BS_SpeechesView.aspx?Id=972
15. Liquidity Risk Management by Banks
https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=7680&Mode=0
16. Financial Stability: Some Issues
(Speech by Dr. Y.V. Reddy, Former Governor, Reserve Bank of India and Guest
Speaker at the SAARCFINANCE Governors' Symposium 2011)
17. Websites: www.rbi.org.in (particularly “Speeches” Section)
18. RBI’s Report On Trend And Progress of Banking In India Since 2015
19. RBI’s Annual Report since 2015
20. Report On Currency And Finance 2009-12 Fiscal-Monetary Co-Ordination
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper-II: 204 (A) Advanced Accountancy 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
A) Title of Paper Advanced Aspects of Accounting
B) Course Objectives After studying this paper the student will be able to –
(1) understand the concept of IFRS and convergence of Indian AS
to IFRS
(2) understand the advanced aspects of accounting relating to
foreign branch
(3) understand the method of presenting financial statements under
Double Accounts System
(4) understand the manner of recognizing profit on construction
contract
(5) know the developments in accounting
C) Level of Knowledge
expected
Working knowledge with application skill
D) Medium of
Instructions
English
E) Instructions as to
study and
examinations
g) This subject shall be studied in English medium.
h) The question paper shall be set in English, and the students
shall answer the paper in English medium only.
i) Out of the total marks in question paper, 40% marks will be
allotted for theory questions, and 60% marks will be for the
practical problems.
F) Course contents Covering 6 Units as detailed below -
Particulars No of
lectures
UNIT 1 -International Financial Reporting Standards (IFRS) and - Indian
Accounting Standards (Ind-AS)(Theory only)
1. Introduction to IFRS and Ind-AS
2. Need for convergence of Ind-AS to IFRS
3. Ind-AS 28 - Investments in Associates
08
UNIT 2 – ACCOUNTING FOR CONSTRUCTION CONTRACT
1. Introduction ‐ Accounting Treatment ‐ Percentage of completion method ‐
completed contract method ‐ Provisions for unforeseeable factors ‐
Principles to be followed while taking credit for profit on incomplete
contracts‐
2. Valuation and disclosure of work in progress ‐ Escalation clause
3. Preparation of Contract Account within the framework of AS-7
Refer to the requirements of AS-7 “Construction Contracts (Revised)”,
and Ind AS-11 “Construction Contracts”
(Theory and practical problems)
08
UNIT 3 - ACCOUNTING FOR FOREIGN BRANCHES
1) Converting Trial Balance of a Foreign Branch in reporting currency
2) Preparation of Foreign Branch Final Accounts for incorporating its results
in Head Office books
Refer to the AS 11 “The Effects of Changes in Foreign Exchange Rates
(revised)”, and Ind AS 21 “The Effects of Changes in Foreign Exchange
Rates”
(Theory and practical problems)
10
UNIT 4 - DOUBLE ACCOUNTS SYSTEM AND FINANCIAL
STATEMENTS OF ELECTRICITY COMPANIES
[A] Double Accounts System
Meaning and Features of Double Accounts System -
Advantages and Limitations of Double Accounts System -
Revenue Account, Net Revenue Account, Capital Account, Balance
Sheet under the Double Accounts System
(Theory and practical problems on preparation of Revenue Account, Net
Revenue Account, Capital Account, Balance Sheet under the Double
Accounts System)
[B] Financial Statements of Electricity companies -
Presentation of Financial Statements of Electricity companies in
accordance with the requirements of Schedule III under the Companies
Act, 2013.
Refer to the provisions of the Electricity Act, 2003
(Theory and practical problems on preparation of Profit & Loss Account
and Balance Sheet under the Companies Act)
12
UNIT 5 - LEASE ACCOUNTING
Concept of Leasing – Important steps in Leasing- Advantages and
Disadvantages of Leasing – Types of Lease - Operating Lease- Finance
Lease- Accounting treatment of Operating Lease and Finance Lease
(Theory and practical problems)
10
UNIT 6 - DEVELOPMENTS IN ACCOUNTING
[A] Accounting for Price Level Changes
1) Introduction, Inflation Accounting, Need for inflation accounting
2) Methods of accounting for changing prices –
(a) Current Purchasing Power method, (b) Current Cost Accounting
Method
3) Preparation of Profit & Loss Account and Balance Sheet as per the
Current Cost Accounting Method
(Theory and practical problems)
[B] Environmental Accounting – (Theory only)
1) Meaning and significance of Environmental accounting
2) Corporate environmental reporting in India
[C] Forensic Accounting (Theory only)
1) Meaning, Features, and Scope of Forensic accounting
2) Role of Forensic accountant, and essential skills required for a forensic
accountant
12
60
Reference books –
Books on Accounting
1) Advanced Accounting – II, Dr. S. N. Maheshwari and Dr. S. K. Maheshwari, Vikas Publishing
House, New Delhi
2) Corporate Accounting, Dr. S. N. Maheshwari, Viakas Publishing House Pvt. Ltd. New Delhi
3) Advanced Accounting, Dr. Ashok Sehgal& Dr. Deepak Sehgal: Taxmann, New Delhi
4) Advanced Accountancy – Vol. II , R. L. Gupta & M. Radhaswamy, Sultan Chand & Sons
5) Advanced Accounts, M. C. Shukla, T. S. Grewal & S.C. Gupta, S. Chand & Co Ltd.
6) Advanced Accounts - Jain and Narang - Kalyani Publishers, Ludhiana
7) Accountancy, Volume-I and II, Sr. K. Paul , New Central Book Agency, Kolkata
8) Accounting Theory, R. K. Lele and Jawaharlal, Himalaya Publishers
9) Accounting Theory, Dr. L. S. Porwal, Tata McGraw Hill.
10) Accounting Text & Cases, Robert Anthony, D. F. Hawkins & K. A. Merchant- Tata McGraw Hill
11) Accounting - Including Applicable Accounting Standards [CA-Intermediate (IPC – Group I)] (4th
Edition, June 2016) – written by D. G. Sharma, publisher Taxmann Publications
12) Advanced Accounting - Including Applicable Accounting Standards [CA-Intermediate (IPC)] (4th
Edition, June 2016) – written by D. G. Sharma, publisher Taxmann Publications
Books on Accounting Standards Ind-AS and IFRS
13) Students Guide to Accounting Standards (CA/CMA Final ) written by DS Rawat, published by
Taxmann Publications30th Edition 2017
14) Taxmann’s “Indian Accounting Standards and IFRSs for Non-finance Executives” – written by T.
P. Ghosh– publisher Taxmann Publications
15) A Complete Guide for Converged Indian Accounting Standards IND-ASs & IFRS (Book + CD)
Author : Amit Gupta (FCA)
16) A Complete Guide for Converged Indian Accounting Standards IND-ASs & IFRS (Book + CD)
Author : Dr. A.L.Saini Publisher – Snow White
17) Accounting Standards & IFRS with Power-point Presentations on Accounting Standards, IFRS &
Indian GAAP (Book + Free web-Download) Author : Kamal Garg (C.A) - Bharat Publications
18) Accounting Standards (for CA-IPCC) Author : D.G.Sharma (for Taxmann) Edition : 2nd edition,
2014 Taxmann
19) Accounting Standards (for CA Final) D.G.Sharma (for Taxmann) Edition : 2nd edition, 2014
Taxmann
20) Taxmann’s “IFRSs Simplified” – written by T. P. Ghosh – publisher Taxmann Publications
21) Taxmann’s “Illustrated Guide to Indian Accounting Standards and IFRSs” – written by Amitabh
Mukherjee– publisher Taxmann Publications
22) Taxmann’s “Guide to Indian Accounting Standards converged with IFRSs” – written by T. P.
Ghosh and CA ShrinivasnAnand – publisher Taxmann Publications
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper: II - 204 (B) Advanced Cost Accountancy 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
A) Title of Paper Cost Accounting and Cost reporting System
B) Course Objectives After studying this paper the student will be able to -
5. To understand the nature of cost accounting records maintained by
manufacturing companies
6. To understand the legal requirements regarding maintaining the cost
accounting records and audit thereof
7. To understand the nature of cost information system for presenting
the cost data to the management
C) Level of Knowledge
expected
Working knowledge with application skill
D) Medium of Instructions English
E) Instructions as to study
and examinations
j) This subject shall be studied in English medium.
k) The question paper shall be set in English, and the students shall
answer the paper in English medium only.
l) Out of the total marks in question paper, 40% marks will be allotted
for theory questions and 60% marks will be for the practical
problems.
F) Course contents Covering 6 Units as detailed below -
Unit I - Non-Integrated Cost Accounts 10 Lectures
a) Books of Accounts in Cost Accounting - Books of original entry - Various
subsidiary ledgers - Purpose of control accounts - Their nature and procedures of
posting from subsidiary ledgers to control accounts –
b) Double-entry accounting system as used in cost accounts – Passing journal of
entries, and preparation of ledger control accounts from a given set of transactions.
[Advanced practical problems on passing of journal entries and preparation of
ledger accounts under Non-integrated system]
Unit II - Integrated Accounts / Integral Accounts
10 Lectures
a) Meaning and nature of Integrated accounts, necessity of preparing of Integrated
accounts – process followed in preparation of Integral accounts –
b) Double-entry accounting system as used in integrated accounts – Passing journal of
entries, and preparation of ledger control accounts from a given set of transactions.
[Advanced practical problems on passing of journal entries and preparation of
ledger under integrated accounting system]
Unit III - Reconciliation of profits under Cost Accounts and under Financial
Accounts
10
Lectures
a) Need for reconciliation of profits ascertained as per financial accounts and as per
Cost accounts,
b) Procedures to be adopted in preparation of profit reconciliation statements –
c) Ascertainment of profits as per financial accounts and Cost accounts, and
reconciliation thereof
[Advanced practical problems on ascertainment of profits as per financial
accounts and Cost accounts, and reconciliation thereof]
Unit IV - Cost Information Systems and reporting
10
Lectures
a) Cost information needs at different levels of management - Requisite of an effective
information system
b) Forms of presentation - various reports - graphs, charts, tables, diagrams
[Advanced practical problems preparation of graphs, charts, tables, diagrams]
Unit V - Uniform Costing and Inter-firm comparison 10
Lectures
a) Meaning of uniform costing, Reasons for differences in costs and costing practices
from firm to firm, Application of Uniform Costing system, Objectives, Advantages
and Limitations of Uniform Costing system, Essentials for success of uniform
costing system, Fields for Uniformity, Uniform Cost Manual.
b) Inter-firm comparison – Meaning, Objectives, Advantages and Limitations of Inter-
firm comparison
Unit VI – Introduction to Cost Accounting Record Rules and Cost Audit
10
Lectures
Companies (Cost Records and Audit) Rules, 2014
1. Concepts of Cost Accountant in practice, Cost auditor, Cost audit report, Cost
records,
2. Application of cost records - Provisions pertaining to inclusion of cost records
in the books of accounts.
3. Categories of companies required to maintain cost records.
4. Provisions pertaining to manner of maintenance of cost records
5. Applicability for cost audit - Provisions pertaining to getting the cost records
audited
G) RECOMMENDED BOOKS AND REFERENCES
1. Basics of Cost Accounting by V. K. Saxena and C. D. Vashist - Sultan Chand & Sons, New
Delhi
2. Cost Accounting – Problems and Solutions - V. K. Saxena and C. D. Vashist - Sultan Chand
& Sons,
3. New Delhi
4. Fundamentals of Cost Accounting by S N Maheshwari – Sultan Chand & Sons, New Delhi
5. Principles and Practice of Cost Accounting by N K Prasad
6. Cost Accounting by Jawaharlal – Tata McGraw Hill Publishing company Limited New Delhi
7. Cost Accounting Principles & Practice by Nigam & Sharma
8. Cost Accounting Principles & Practice by S P Iyenger
9. Cost Accounting Principles & Practice by P K Ghosh
10. Cost Accounting Principles & Practice by B S Khanna
11. Cost Accounting by Jain & Narang
12. Practical Costing (Self-Tutor) by Gauri Shankar - Himalaya Publishing House, Mumbai
13. Practical Costing by Ahuja , Khanna & Pandey
14. Cost Accounting by B K Bhar
15. Cost & Management Accounting [ For CS Inter] - V. K. Saxena and C. D. Vashist - Sultan
Chand & Sons, New Delhi
16. 33. Cost & Management Accounting [ For Stage II of ICWA Inter] - V. K. Saxena and C. D.
Vashist - Sultan Chand & Sons, New Delhi
17. Cost and Management Accounting (Theory Problems and Solutions) by M N Arora –
Himalaya Publishing House, Mumbai
18. Cost Accounting by Ravi M Kishore - Taxmann Allied Services Pvt Ltd
19. A Text Book (with in-built Complier) on Cost Accounting by S. K. Aggarwal, Abha
Aggarwal – Reliance Publications Ltd, Gurgaon
20. Companies (Cost Records and Audit) Rules, 2014, as amended upto one year before the
academic year of examination.
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper-II: 204 C) Human Resource Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
Objective :
To endow the student with a broad perspective on themes and issues of Human Resource
Development
To know the importance of various theories of motivation.
To evaluate a company’s implementation of a performance based pay system.
To know the new concepts in HRM.
---------------------------------------------------------------------------------------------------------------------------
UNIT 1) Human Resource Development 10 Lectures
a. Meaning, Nature, Role and Importance of Human Resource in business organisation.
b. Concept, Scope and features, Operative functions of HR Departments.
c. Difference between concepts – HR administration, HR management and HR development.
d. Needs, Objectives and Importance of HRM & HRD, HRP & HRIS.
e. Strategic HRM and role of HR in change and competition.
f. Issues related to female employees in the workforce, Employee leasing, contract labour,
Employee engagement, Workforce diversity.
UNIT 2) Financial issues of HR Management 12 Lectures
a. Meaning, Objective and components of compensation, Types of incentives.
b. Needs and importance of sound salary administration, some wage issues in India.
c. Concept and Objectives of Labour Welfare, Functions and Duties of Labour Welfare Officer.
d. Role and functions of Trade Unions in financial problems and decision making.
e. Types of Fringe benefits, Non monetary rewards.
UNIT 3) Human Relation and Motivation 10 Lectures
a. Meaning, Importance and Theories of Motivation, Motivating factors.
b. Human Relation constraint –
i) Types of human relations, factors affecting good organisational relations.
ii) Problems and measures to improve human relations in organisations.
iii) Employer and Employee relations – contribution to Hawthorne Experiment- Pittsburgh
Experiment.
UNIT 4) Promotions, Transfers and Separations 08 Lectures
a. Meanings and Principles and Promotions
b. Purposes of promotions, Types of promotions
c. Meaning and Principle of Transfers
d. Types of Transfers
e. Resignations, Layoff, Dismissal or Discharge, Retirement and Voluntary retirement
scheme.
UNIT 5) New concepts in Human Resource Management 10 Lectures
a. Techniques of Downsizing and upsizing, Modern Retrenchment Strategies
b. Concept of E-Recruitment and E-Training and Development, E-HRP
c. Concept of Talent Management
d. TQM and HR strategies
e. Employee empowerment strategies
f. Balance and Quality of work life
g. Leadership and Teamwork in competitive environment
UNIT 6) H. R. Accounting, H. R. Audit and Research. 10 Lectures
a. H.R. Accounting – Definition, Need, Objective, Importance and H.R. Accounting.
b. H. R. Audit – Objective, Importance, Types, Advantages and Limitations.
c. H. R. Research – Objectives, Needs, Types of Research, Responsibility for agencies of H.R.
Research, Methods and Tools of Techniques of H. R. Research.
d. Counselling – Transaction Analysis, Quality Circles – Kaizen in H.R.M.
REFERENCE BOOKS :
1. Personnel and Human Resource Management – P. Subbha Rao, Himalaya Publishing House.
2. Personnel Management- Edvin Flippo, McGraw Hill, International Edition.
3. Personnel & Human Resource Management --S.R.Robins ,Hall of INDIA
4. Human Resource Management – C.B. Gupta, Sultan Chand and Co.
5. Human Resource Management – Dr. P.C. Pardeshi, 3rd Revised Edition, Nirali Prakashan
6. Human Resource Management – R. S. Dwivedi, Vikas Publishing House Pvt. Ltd.
7. Human Resource Management – Anjali Ghanekar, Everest Publishing House.
8. Human Resource Management – K.Ashwathappa –TMH
9. Human Resource Management – C.B.Mamorai ,Himalaya Publishing House
10. Human Resource Management – Dr. S.L.Shiragave, Success Publication
11. Human Resource Management – Sharp Publisher
12. Human Resource Management and Human Relations–Dr. Micheal, Himalaya Publishing
House.
13. Modern Business Organization and Management- S. A. Sherlekar, Himalaya Publishing
House.
14. Strategic Human Resource Management – Anuradha Sharma, Anuradha Khandekar, Sage
Publication.
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North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper-II: 204 D Marketing Management 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
01 Introduction: 10
Definitions: Market, Marketing, Selling, Buying, Purchasing,
Need, Wants and Demand, Products, Value, Cost and Satisfaction,
Customer and Consumer.
Difference between Customer and Consumer,
Major Types of Customers,
Environment and Consumer Behavior- Demographic, Socio-economic,
Cultural, political & Technological
02 Consumer Behavior: 10
Buying Roles: Initiator, Influencer, Decider, Buyer, User.
Definition of Behavior, Types of Buying Behavior,
Complex Buying Behavior,
Dissonance - Reducing Buying behavior,
Habitual Buying Behavior,
Variety – Seeking Buying behavior
03 Consumer Psychology: 10
Consumer Learning,
Consumer perception,
Formation of Attitude and Change in Attitude
Consumer Education & Motivation
04 Individual Buyer Behavior: 12
Major Factors influencing individual buyer behavior:
Cultural Factors, Social Factors, Personal Factors, Psychological Factors
Consumer Buying Decision Process:
Need Recognition, Information Search, Evaluation of Alternatives,
Post purchase Behavior.
Consumer Decision Rules: Compensatory Rules, Non Compensatory Rules
05 Industrial Buyer Behavior: 08
Definition of Industrial and Business Buyer,
Buying Decision Process of Business Buyer,
Participation in Buying Decision,
Factors affecting Buying Decision
Institutional Buyer and Government Buyer
06 Buyer Behavior Models and Customer Value: 10
The Five Stage Model, Howard-Sheth Model,
The Nicosia Model, EKB Model, Webstar and Wind Model
Customer Perceived Value, Total Customer Satisfaction,
Maximizing Customer Lifetime Value
Customer Relationship and Loyalty
REFERENCE BOOKS:
1. Kotler, Keller, Koshi,Jha – Marketing Management- 8th Edition- Pearson Education
2. Kumar: Conceptual Issues in Consumer Behaviour: The Indian Context, Pearson
Education, New Delhi
3. Jay D Lindquist and M Joseph Sirgy, Shopper, Buyer and Consumer Behaviour, Second
Edition, Bizttantra, New Delhi
4. David L Loudon and Albert J Della Bitta, Consumer Behaviour, 4/e, TMH, New Delhi
5. Schiffman, L.G and Kanuk L.LConsumer Behaviour, 8/e, Pearson Education, New Delhi
6. Roger D. Black Well et al, Consumer Behaviour, 9/e Thomson, New Delhi
7. K.K.Srivastava, Consumer Behaviour,Galgotia Publishing Co.New Delhi
8. Henry Assael, Consumer Behaviour,6/e,Thomson,New Delhi
9. Michael R.Solomon, Consumer Behaviour,5/e,PHI,New Delhi
10. Consumer Behaviour in Indian Perspective – Suja Nair – Himalaya Publishers, 2004
North Maharashtra University, Jalgaon (NAAC Reaccredited ‘A’ Grade University)
FACULTY OF COMMERCE & MANAGEMENT
M.Com-I – w.e.f. AY 2017-18
SEMESTER: II
Paper-II: 204 (E) SUPPLY CHAIN MANAGEMENT 60 + 40 Pattern: External Marks 60 +Internal Marks 40 = Maximum Total Marks: 100
Required Lectures: 60
UNIT1. Customer Service Dimensions Lectures: 10
a) Marketing and Supply Chain Interface
b) Delivering Customer Value
c) Customer Service and Customer Retention
d) Service Driven and Logistic System
e) Setting Customers Service Priorities
f) Setting Service Standards
UNIT 2. Managing the Customer Relationship Lectures:10
a) Understanding Customer Segmentation
b) Relationship with Customers
c) Management of Business Relations
d) Customer Satisfaction
UNIT 3. Management of Supply Chain Relations Lectures: 10
a) Introduction
b) Types of Suppliers relationships
c) Management of service supply chains
d) Managing through intermediaries
e) Supply Partnerships
UNIT 4. Transport System Lectures: 10
a) Role of Transport in Supply Chain
b) Transportation Selection Decision
c) Basic Models of Transportation
d) Legal Classification of Carriers
e) Intermodal Transportation
f) Indirect and Special Carrier
UNIT 5. Inventory Decision Making Lectures: 10
a) Fundamental approaches to managing inventory
b) Inventory Cost
c) A generalised inventory model
d) Fixed order quantity approach
e) Fixed order interval approach
f) Additional approaches to inventory management
g) Inventory at Multiple Locations-square root law
UNIT 6. International SCM Lectures: 10
a) Definition of International Logistics and SCM
b) Historical development of International logistics
c) Emphasis on Customer Satisfaction
1) Just in Time
2) Computer Based Tools
d) Strategic Advantage
e) Elements of International Logistics
f) Economic Importance of International Logistics
Book Recommended
1) Supply Chain Management- K Shridhar Bhatt- Himalaya Publishing House
2) Supply Chain Mangement- Sunil Chopra, Peter Mendl- Prentice Hall of India
3) Supply Chain and Logistics Management- Donal Bowersox, David Closs- Tata Macgraw Hill
4) Exploring the Supply Chain- Upendra Kachru, Excel Books
5) Supply Chain Management- D K Agrawal, Macmillan Publishers
6) Logistics Management- V. V Sople, Pearson Education
7) Supply Chain Management- Concept and Cases, Rahul V Altekar- Prentice Hall of India
8) Supply Chain Management- Janat Shah, Pearson Education