B.Com.

VI Semester
Sl. No. Code Nos. Subjects

1 BCOM 620 Principles of Management Accounting

2 BCOM 621 Computer Applications in Business – V
3 BCOM 622 Financial Services
4 BCOM 623 Business Law
5 BCOM 624 Public Finance

Elective Group – I
6 BCOM 6251 Cost Accounting - II
BCOM 6252 Income Tax - II

Elective Group – II
7 BCOM 6261 Indian Banking – II
BCOM 6262 Insurance - II

Elective Group – III

8 BCOM 6271 Statistics for Insurance
BCOM 6272 Quantitative Technique for Management - II
B.COM. 620 - PRINCIPLES OF MANAGEMENT ACCOUNTING

(COMPULSORY PAPER)

OBJECTIVES:

 To develop students skills in analyzing and interpreting accounting statements and

data,
 To draw useful conclusion.
 To develop capabilities in taking managerial decisions.

SYLLABUS
Unit I: Introduction: 12 Hrs
Meaning, definition and origin of management accounting; Objectives and
functions; differences between financial and management accounting;
differences of management accounting and cost accounting; advantages and
disadvantages; installation of management accounting systems-steps
involved ,Overcoming resistance to change; tools and techniques of
management accounting.

Unit II Financial analysis and Interpretation: 12 Hrs

Meaning and definition; difference between analysis and interpretation;
objectives; uses and types of financial analyses; tools of financial analysis-
common size financial statements, comparative financial statements and Trend
analysis.

Unit III Financial Ratio Analysis: 08 Hrs

Meaning of ratio and ratio analysis; need for ratio analysis classification of
ratios-liquidity, solvency, efficiency and profitability ratios; advantages and
limitations of ratio analysis; computation of ratios.

Unit IV Funds Flow Statement: 12 Hrs

Meaning of funds and funds flow statement; objectives and uses of funds flow
statement, comparison between funds flow statement and balance sheet;
between funds flow statement and income statement; steps involved in
preparation- schedule of change in working capital, funds from operations and
accounting treatment of certain items.
Unit V Cash Flow Statement: 06 Hrs
Meaning and objectives of cash flow statement; differences between funds flow
statement and cash flow statement; steps involved in preparation cash from
operations.
SUGGESTED READINGS:

1. S.N. Maheshwari : Principles of Management Accounting, Sultan Chand

and Sons, New Delhi.

2. I.M.Pandey : Principles of Management Accounting, Vikas

Publications, N.Delhi.

3. M.Y.Khan & P.K.Jain : Management Accounting, Tata, Mcgraw Hill

Publications, New Delhi.

4. Gupta and Sharma : Management Accounting Kalyani Publications,

Lidhiana.

5. Bhabatosh Banerjee : Management Accounting and Financial Control, PHI

6. Vinayakam and Joshi : Principles of Management Accounting, Himalaya

Publishing House, Mumbai.

7. Ravi M. Kishore : Management Accounting Taxman Publications, New

Delhi.

8. Kulshresta and Ramanathan : Management Accounting, Sultan Chand & Sons.

B.COM. 621 - COMPUTER APPLICATION IN
BUSINESS - V
(COMPULSORY PAPER)

OBJECTIVES:
 Java form the base for entire Core Banking in today's Date and the knowledge of
Java is essential.
 Students are introduced to Computer Network, which forms the base to learn
Internet.
 Online Business in thought using Ecommerce.

SYLLABUS
Unit I: Java Programming –I 14 Hrs
What is Java, Getting started with java, Applets and Applications, Creating a
java Application, and Creation of Java Applets. Variable and Data types:
Declaring Variables, Literals, Types of Literals, Operation and their hierarchy,
Expressions and Statements: Branching and Looping.

Unit II Java Programming-II 12 Hrs

Functions (Methods) and Procedures, Arrays, Block Statements, Defining
Classes, Threads Creating methods and Applets.

Unit III Concepts of Computer networks and Internet 8 Hrs

Network Concepts, Categories of Network, LAN , WAN, Internet, Intranet and
Extranet, Types, Seven Layers of the OSI Reference Model, Business through
Internet.

Unit IV E-Commerce 8 Hrs

Concepts of E-Commerce, Why E-Commerce, Types of E-Commerce, Areas of
E-Commerce, Types of Transactions in Web, Requirements for E-Commerce,
presenting an organization in Web.

Unit V Electronic Data Interchange (EDI) and Electronic Payment System. 8 Hrs
Introduction, Advantages and Disadvantages of EDI, Electronic Payment
System, Supply Chain management, Business Process Re-Engineering,
Commerce Providers, Legal Issues and Securities, Money Credit Cards,
Transactions and Validations, Digital Certification, Authentication.

SUGGESTED READINGS:
1. Computer Network – Forozen, Andrew. S. Tenenbaum
2. Java 1&2 The Complete Reference-Herbert Sehildt
3. Java- Balaguruawamy, Core Java
4. E-Commerce- Daniel. Minoli, Ravi. Kalakota
B.COM. 622 - FINANCIAL SERVICES
(COMPULSORY PAPER)

OBJECTIVES :

The objective of the study of Financial services is to enable the students to know
the avenues of financial services. The students will come to know the information about
merchant banking, lease financing, mutual funds etc. for advanced learners. Financial
service is a core subject. In financial services there is a maximum scope for self
employment they can start enterprising as a stock brokers agents for mutual funds and
on large scale even they can undertake merchant banking activities.

SYLLABUS
Unit I: Introduction: 8 Hrs
Meaning, Definition, and Features of Financial Services. Significance of
Financial services, Types of Financial Services. Growth and development of
Financial Services in India. Regulation of Financial services.

Unit II Merchant Banking: 10 Hrs

Meaning, Definition and Scope, Functions of Merchant Banking, Objectives of
Merchant Banking. Regulation of Merchant Banking by SEBI.

Unit III Lease financing: Meaning: 10 Hrs

Definition and types of Leases. Advantages and Disadvantages of Leasing,
Evaluation of Lease financing. Purchase v/s Leasing. Borrowing v/s Leasing.
Accounting for Lease as per A.S 17 in India

Unit IV Dematerialization and Re-materialization: 10 Hrs

Meaning, Objectives, Functions, Scope and process. Merits and Demerits and
progress of Dematerialization in India. NSDL.CDSL-Growth and functioning,
Securitization – Meaning and Objectives, Significance Merits and Progress of
Securitization.

Unit V Mutual Funds: 12 Hrs

Meaning and Types, Functions of mutual fund. Advantages of mutual funds.
Institutions involved in mutual funds and their progress. Progress of mutual fund
in India.
SUGGESTED READINGS:

1. M.Y.Khan : Financial services, Tata Mcgraw Hill Publications, New Delhi.

2. Joseph Anbarasu Boominatha, Manoharan & Ganaraj : Financial Services,

Sultan chand & Sons, New Delhi.

3. Avadhani V.A.: Marketing of Financial Services, Himalaya Publications Mumbai.

4. Batra G.S and Batra B.S.: Management of Financial Services, Deep & Deep
Publications, New Delhi.

5. Donnelly & others : Marketing of Financial Services, Homewood IL, DQW-

Jones, Irwin.

6. Pezzullo R.M.: Marketing of Financial Services, Macmillan India Ltd, New Delhi.

7. Srivastav R.M.: Indian Financial System, Risqi Publishers, Hydrabad.

B.COM. 623 - BUSINESS LAWS

(COMPULSORY PAPER)
OBJECTIVES:
 Aim is to make it convenient to the businessman and interested to the casual reader
who may care to use it as a reference.
 Every Lawyer and practitioner will find useful to their profession
 To meet the needs of students preparing for various exams held by several
professional societies.
 It is more important and useful to the students businessman and lawyer to make
use in their practice.

SYLLABUS

Unit I: Law of Contract Part-I, 14 Hrs

Nature of Contract, Offer and Acceptance, Consideration, Capacity to Contract,
Free Consent, Void Agreement, Contingent Contracts, Performance of Contract,
Discharge of Contract-Remedies for Breach of Contracts, Quasi Contract.

Unit II Contract Part- II, 08 Hrs

Indemnity and Guarantee, Contracts Bailment and Pledge and Contract.

Unit II The Consumer Protection Act-1986, 06 Hrs

Unit IV Sale of Goods Act 1930- 14 Hrs

Formation of Contract, Conditions and Warrantees, Transfer of Property,
Performance of the Contract of Sale, Right of an Unpaid Seller, Auction Sale,
and Distinction on Between Right of Lien and Right of Stoppage in Transit.

Unit V The Essential Commodities Act-1955, Law of Insurance- Marine Insurance and
Fire Insurance. 08 Hrs

SUGGESTED READINGS :
1. N.D. Kapoor : Handbook of Industrial Law, Sultan Chand & Sons, New Delhi
2. R.C.Chawala : Commercial and Labour laws, K.C.Garg Kalyani Publishers,
New Delhi.
3. K.R Bulchandani : Business Law for Management, Himalaya, Bombay.
4. Saravanavel P. : Legal System in Business, Himalaya, Bombay.
5. G.K.Kapoor : Business and Economic Laws, Sultan Chand & Sons, N. Delhi.
B.COM. 624 - PUBLIC FINANCE
(COMPULSORY PAPER)
OBJECTIVES :
 To make know the various sources of revenue, expenditure and debts of the Central
Government.
 To understand the effects and taxes on the common man.
 To analyse the Union Budget and educate the community.
 To understand the various taxes imposed by the State Governments.

SYLLABUS
Unit I : Scope of Public Finance - Public Revenue – Sources – Distinction between
Taxes and other Sources – Progressive- Proportional and Regressive Tax -
Canons of Taxation 10 Hrs

Unit II Direct and Indirect Taxes – Merits and Demerits – Incidence of Taxation –
Impact, Incidence and Shifting of Tax – Effects of Taxation. 10 Hrs

Unit III Taxes Levied by Union Government – Personal Income Tax – Corporation tax –
Wealth Tax – Capital gains Tax – Dividend tax – Interest Tax – Expenditure tax
– Customs Duties – Excise Duties – Value Added Tax – Service Tax 10 Hrs

Unit IV Taxes levied by State Governments – Tax on Agricultural Income – Professional

Income Tax – Sales Tax – State Excise Duties – Motor Vehicles Tax – Taxes on
Goods and Passengers – Taxes and Duties on Electricity and other Taxes –
Finance Commission Grants 10 Hrs

Unit V Public Expenditure – Causes for Increase in Public Expenditure – Union Budget
– Revenue and Capital Budget - Deficit Budgeting in India – Causes and Effects.
10 Hrs

Tests, Seminars, Group Discussions, Case Analysis, Field Visits 14 Hrs

SUGGESTED READINGS:
1. M. L. Seth Macro Economics – 1998: Lakshmi Narain Agarwal, Educational
Publishers, Agra.
2. M. L. Seth Money, Banking, Trade and Public Finance – 2005-06: Lakshmi
Narain Agarwal, Educational Publishers, Agra.
3 M. L. Jinghan Public Finance & International Trade-2008: Vrinda Publications (p)
Ltd. Delhi
4 K. P. M. Sundaram Public Finance: Sultan Chand & Sons. 23, Daryaganj
5. D. M. Mithani Modern Public Finance – 1998, Himalaya Publishing House, Mumbai.
6. Hugh Dalton Principles of Public Finance – 1932 & 1961: Rowtledge and Kegan
Paul Ltd., London
7. R. K. Lekhi Public Finance – 2000: Kalyani Publishers, Head Office: B-I/1292,
Rajinder Nagar, Ludhiana.
8. R.A. Musgrave, ‘The Theory of Public Finance’
Elective Group - I

B.Com. 6251 - COST ACCOUNITNG – II

OBJECTIVES :

Cost Accounting is a specialized branch of accounting that aims;

1. To Ascertain Cost:
2. To Present the Cost:
3. To Control the Cost:
4. To Guide the Management in – (a) disclosing profitability.
(b) Inventory control
(c) Formulating policies.
(d) Decision making.

SYLLABUS
Unit I: Unit Costing
Meaning Objectives; application of unit or output costing. Procedure;
preparation of cost sheet. Job Costing; Meaning, Objectives, application of job
order, procedure of job cost systems.

Unit II Reconciliation of profits:

Reasons for reconciliation of profits between financial accounting and cost
accounting, Types of cost accounting systems, preparation of reconciliation.

Unit III Contract costing:

Meaning and features: costing procedure and valuation of WIP, Computation of
profits of incomplete contracts, Operating Cost sheet: Meaning and Objectives,
need of operating costing; application, cost unit under operating costing,
preparation of cost sheet of Transportation and Power generation units.

Unit IV Process Costing:

Meaning, features and applications; Treatment of normal and abnormal losses,
abnormal gain. Joint products, and by-products; Meaning, Objectives and
application, accounting for joint and by-products.
Unit V Marginal Costing:
Concept of marginal cost and costing; Objectives and significance. Break-Even-
Analysis (BEP): Meaning, Objectives, assumptions and advantages and
Limitations of Break Even Analysis. Contribution, P/V ratio, margin of safety and
angle of incidence, pricing under recessionary conditions, accepting foreign
offers.

SUGGESTED READINGS:
1. Jawaharlal - Cost Accounting, T.M.H., New Dehli.
2. Rayadu - Theory and problems in Cost Accounting, T.M.H., New
Dehli.
3. Pattanshetti and Palekar- Cost Accounting, R.Chand,New Dehli.
4. Horngren, etal. - Cost Accounting, P.H.I., New Dehli
5. Williamson - Cost Accounting, P.H.I., New Dehli
6. Jain & Narang - Cost Accounting, Kalyani, New Dehli
7. Agrwal M.L - Cost Accounting, Sahitya Bhawan, Agra.
8. Maheshwari S.N. - Cost Management Accounting, Sultan Chand & sons,
New Dehli.
9. Nigam & Sharma - Cost Accounting, Himalaya Bombay.
10. Saxena &Vashist - Cost Accounting, Sultan Chand & sons, New Dehli.
Elective Group - I
B.Com. 6252 - INCOME TAX - II

OBJECTIVES :
 To expose the students to the various provisions of the Income Tax Act.
 To acquaint the knowledge of Administration of the Income Tax Act.
 To develop the skill of computation of total income of assesses and their tax liability.
SYLLABUS
Unit I: Capital Gains and Income from other Sources 16 Hrs
Meaning of Capital Assets-Types of Capital assets Transfer-cost of acquisition-
cost of improvement-Selling expenses-Treatment of advance money received-
Exemptions-computation of Capital gains.Income from other sources: Specific
income- Deduction Grossing up-Computation of income from other sources
practical problems.

Unit II Set off and Carry Forward of Losses and Unabsorbed expenses:
6 Hrs
Inter source adjustment and interhead adjustment of Losses-Carry forward and
Set off losses of: house property-Business loss-speculation business loss-
Losses of partnership firms-Practical Problems.

Unit III Assessment of Individuals 8 Hrs

Procedure for computing Total Income – Rates of Tax Practical Problems.

Unit IV Assessment of partnership firms and partners 10 Hrs

Assessment of firms -Provisions of section 184 and 40(b)-Computation of book
profit-Set off and Carry Forward-Computation of Total income of firm-
Computation of taxable income of partners-Practical Problems.

Unit V Skill Development 10 Hrs

Use of Form No.49A(PAN) 49B. Filling of income tax returns Form No. 2 of
various assesses, with necessary evidence to be enclosed along with Income
Tax Returns forms. Preparation of Form No.16 Project work on use of these
documents.
SUGGESTED READINGS:
1. M.B.Kadkol : Income Tax, Renuka, Hubli.
2. Bhagavati Prasad : Direct Taxes,New Age, New Delhi.
3. V.A.Patil : Income Tax
4. Gour & Narang : Income Tax Law and Practice, Kalyani, New Delhi.
5. Singhania V.K. : Direct Taxes-Law and Practice, Taxman Publications, New
Delhi.
Elective Group - II
B.COM. 6261 - INDIAN BANKING – II
(Financing Specific Sectors)

OBJECTIVES:
 To study money and banking
 To study trade and finance in India
 To study theory of banking and its practical approach
 To study the use of computers in Indian banking practice To apply the traditional
banking to the modern banking

SYLLABUS
Unit I: Financing Exports: 06 Hrs
Payment terms in International Trade. Financing Facilities, EXIM Bank.

Unit II Priority Sectors :(Concepts and Targets) 12 Hrs

Concept of Priority sector Lending. Concept of Weaker Sections. Priority Sector
Credit Targets. Common guidelines for Priority Sector Advances.

Unit III Financing Agriculture: 12 Hrs

Types of Agriculture Finance.Agencies Providing Agricultural credit. NABARD.
Commercial Banks and Agricultural finance.Crop Insurance scheme.

Unit IV Financing Small Scale Industries. Meaning of Small Scale Unit, &
Importance. Credit needs of Small Scale Industries . Sources of finance. District
Industries Centers.
08 Hrs

Unit V Financing other Priority and Neglected Sectors: 12 Hrs

Reasons for neglect, Recent Trends in Banks Lending, guidelines for Credit,
Special Credit Schemes.Lending to Priority Sectors & Monitoring.

SUGGESTED READINGS:
1 Maheshwari S. N : Banking Law and Practice. Kalyani Publisher, New Delhi.
2 Shekar K.C : Banking Theory, Law and Practice.
3 Sundaram KPM : Money, Banking and International Trade.
4 Varshey : Banking Law and Practice. Sultan Chand and Sons, New
Delhi.
5 G.B,Baligar : Banking Law and Practice. Ashok Prakashan, Hubli.
6 Lall Nigam B.M : Banking Law and Practice. Konark Publisher, New Delhi.
Elective Group - II
B.COM. 6262 - INSURANCE - II

OBJECTIVES:
 To face increasing risks and uncertainties of man in this modern world
 It is a device which a man to learn to meet against the losses of in evitable
contingencies of loss.
 To study the role of Insurance in the socio economic prosperity of a country.
 To understand how it protects the farmer against flood, fire, storm etc., To
understand how insurance is a means of security against the risk of fire or perils of
sea.
SYLLABUS
Unit I: Practice of Insurance : 10 Hrs
Different plans of Assurance and Annuities. Endowment Assurance, Whole Life
Insurance. Term Assurance Policy.

Unit II Policy conditions in Life Assurance Policy documents-Preamble, operative

clause, Schedule, Attestation, and conditions 10 Hrs

Unit III Data Processing: 10 Hrs

Non-Medical Insurance: General and Special Scheme. Group Insurance. Group
Selection Master Policy.

Unit IV Fire Insurance: 10 Hrs

Fire Policy Drafting. Standard Policy. Excluded Perils, Ex-gratia Payments
warranties.

Unit V MOTOR Insurance; Origin and History. Basic Principles. Types of Vehicles.
Motar Vehicle. Act. Insurers duty to third party. 10 Hrs

SUGGESTED READINGS:
1. M.J.Mathew : Principles and Practice of Insurance.
2. G.S.Panda, Ghanshyam: Principles and Practice of Insurance.
3. Katayal, Rakesh,
Inderjit Singh, Arrora S. : Insurance
4. Inderjit Singh : Text Book of Insurance
5. Verhese A.M : Book of Insurance Madhavan T.V.
Elective Group - III
B.Com. 6271 - STATISTICS FOR INSURANCE

OBJECTIVES :
 Update the students with emerging trends and techniques to compete in this
competitive world.
 Equip the students with techniques for data analysis which is the most important
function of the management.
 Educate students to gear up to face the challenges of liberalization, privatization
and globalization.
 Develops graduates with numerical skills needed in the field of research in higher
education.
 To develop consistency in logical reasoning and ability of decision making in
students.
 Exploit the emerging opportunities in the insurance business and to play a key
role of Actuaries.
SYLLABUS
Unit I: Insurance Business: Insurance Companies as Business Organizations. Role of
Insurance Business in Economy. Concept of Risk, Types of Risk,
Characteristics of Insurable Risk. Role of Statistics in Insurance. Insurance
Business in India. Feasibility of Insurance Business. 8 Hrs

Unit II Survival Distributions and Life Tables: Time – until death r.v. its d.f. and survival
function in actuarial notation. Force of Mortality. Interrelations among d.f.,
Survival Function, Force of Mortality and p.d.f. Construction of Life Table using
random survivorship approach. Uniform distribution assumption for fractional
ages. Some analytical laws of mortality. 12 Hrs

Unit III Models for Life Insurance: Theory of Compound Interest, Instantaneous rate of
interest, discount factor. Insurance payable at the moment of death. Present
Value r.v., actuarial present value. Derivation of actuarial preset value for n-year
term Life Insurance, Whole Life Insurance and Endowment Insurance.
10 Hrs

Unit IV Annuities : Certain Annuity Due, Annuity immediate, Life Annuities, Whole Life
Annuity, Present Value r.v. of the payment, its actuarial present value using
current payment technique. n-year temporary life annuity, its present value and
actuarial present value.
12 Hrs

Unit V Benefit Premiums: Concept of a loss r.v. Equivalence Principle. Derivation of

fully continuous premium for a unit whole life insurance payable immediately on
death of (x) and for n-year term insurance. 10 Hrs

Practicals: Projects & Case Study

BOOKS RECOMMENDED:
1. Actuarial Mathematics : N.L. Bowers Jr. H. S. Gerber J.C. Hickon, D. A. Jones,
Chapters 1,3,4,5,6, the Society of Actuaries 1977.
2. Lecture Notes on An Introduction to Statistics In Insurance :
Dr. (Mrs.) S. R. Deshmukh.
Elective Group - III
B.COM. 6272 - QUANTITATIVE TECHNIQUES FOR MANAGEMENT – II

OBJECTIVES :
 Update the students with emerging trends and techniques to compete in this
competitive world.
 Educate students to gear up to face the challenges of liberalization, privatization
and globalization.
 Develops graduates with numerical skills needed in the field of research in higher
education.
 To develop consistency in logical reasoning and ability of decision making in
students.
 Prepare the students to have career as quantitative technicians which has
remarkable weightage across the world.

SYLLABUS

Unit I: Theory of Games : Terminology. Two person zero-sum game. Solution to

Games, Saddle Point, Dominance Rule, Value of Game, Mixed Strategy.
Graphical Method of solving a game – (2xn) and (mx2) Games.
6 Hrs

Unit II Inventory Theory : Meaning of Inventories and its need. Inventory Costs. Lead
Time, Stock Replenishment, Time Horizon. EOQ Model with and without
shortages ( without derivations). Case of Deterministic Uniform Demand.
Instantaneous Production and no lead time. 10 Hrs

Unit III Network Analysis : Introduction, Network Logic, Network Construction, Activity
Time Estimation, PERT and CPM. Type of Floats. Probability Aspects of Project
Planning.
12 Hrs

Unit IV Decision Theory : Introduction. Types of Managerial Decisions. Classification of

Decision based on complexities and number of variables. Steps in the decision
making process. The role of quantitative methods. Decision making under
certainty. Decision making under risk. Decision making under uncertainty.
Decision trees. 08 Hrs

Unit V Statistical Quality Control : Meaning of SQC and its uses. Chance and
Assignable Variations. Process Control, Production Control and Outline for
Control Charts for x, R, np and c-Charts. Six Sigma Control limit.
10 Hrs
PRACTICALS:
S.No. Title of Experiment No. of Experiment
1 Thoery of Games 02
2 Inventory Theory 02
3 Network Analysis 02
4 Decision Theory 02
5 Statistical Quality Control 02
Total 10

RECOMMENDED BOOKS :
1) Quantitative Techniques for Managerial Decisions VOL – I ; L.C. Jhamb, Everest
Publishing Home-Pune.
2) Operation Research : J. K. Sharma. Mc Millan, India.
3) Quantitative Techniques in Management : N.D. Vohra, Tata Mc. Grow Hill
Publications 3/e, 4th reprint 2007.

REFERENCE BOOKS :
1) Operations Research : P. K. Gupta and D. H. Hira. Sultan Chand and Sons, New-
Delhi.
2) Operations Research : B. S. Goel, Pragati Prakashan, Meerut.
3) Operations Research : Kanti Swaroop, P. K. Gupta and Manmohan. Sultan Chand
and Sons, New-Delhi.
4) Operations Research : S. D. Sharma.