M.com. Part-I (Annual System)(Distance Education Course)

SYLLABUS M.COM. Part-I (Annual System)

(Distance Education Course)2014 & 2015 EXAMINATIONS

Paper Maximum MarksMC 1.1 Managerial Economics 100 Marks

MC 1.2 Business Environment 100 Marks

MC 1.3 Corporate Accounting and Cost Management 100 Marks

MC 1.4 Management Concepts and Organisational Behaviour 100 Marks

MC 1.5 Statistical Techniques and Research Methodology 100 Marks

MC 1.6 Corporate and Business Laws 100 Marks

MC 1.7 Computer Applications in Business 100 Marks

MC 1.8 Viva- Voce 50 Marks

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PAPER MC 1.1 : MANAGERIAL ECONOMICS

Internal Assessment: 20 MarksExternal Assessment: 80 Marks

INSTRUCTIONS FOR THE PAPER-SETTERThe question paper will consist of five sections: A, B, C, D and E. Sections A, B, C and

D will have two questions from the respective sections of the syllabus and will carry 15 marks each. Section E will have one question having 8 short-answer type questions (answer to be around 100 words each) of four marks each, which will cover the entire syllabus uniformly. In all, nine questions are to be set.

INSTRUCTIONS FOR THE CANDIDATECandidates are required to attempt one question each from sections A, B, C and D of the

question paper and 5 short-answer type questions (answer to be around 100 words each) from section E.

SECTION-ANature and Scope of Managerial Economics; Objective of a firm; Economic theory and

managerial theory; Managerial economist's role and responsibilities; Fundamental economic concepts : incremental principle, opportunity cost principle, discounting principle, equi-marginal principle.

Demand Analysis : Individual and market demand functions; Law of demand, determinants of demand; Elasticity of demand : its meaning and importance; Price elasticity, income elasticity and cross elasticity; Using elasticity in managerial decisions.

SECTION-BTheory of Consumer Choice : Cardinal utility approach, Indifference approach, Revealed

preference and theory of consumer choice under risk; Demand estimation for major consumer durable and non-durable products; Demand forecasting techniques.

Production Theory : Production function: Production with one and two variable inputs; Stages of production ; Economies of scale; Estimation of production function; Cost theory and estimation; Economic value analysis; Short and Long Run Cost Functions: their nature, shape and inter-relationship; Law of variable proportions; Law of returns to scale.

SECTION-CPrice Determination under Different Market Conditions, Characteristics of different

market structures; Price determination and firm's equilibrium in short-run and long-run under perfect competition, monopolistic competition, oligopoly and monopoly.

Price Practices : Methods of price determination in practice: Pricing of multiple products; Price discrimination; International price discrimination and dumping; Transfer pricing.

SECTION-DClassical and Keynesian theory of income and employment, Theory of consumption and

investment spending, multiplier -accelerator interaction; Business Cycles : Nature and phases of a business cycle; Theories of Business Cycle : Cobweb, Samuelson and Hicks Theories; Inflation : Definition, characteristics and types, inflation in term of demand-pull and cost-push factors, Effects of inflation.

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PAPER MC 1.2 : BUSINESS ENVIRONMENT






SECTION-ATheoretical Framework of Business Environment : Concept, significance and nature of

business environment; Elements of environment : internal and external; Changing dimensions of business environment; Techniques of environmental scanning and monitoring.

Economic Environment of Business: Significance and elements of economic environment. Economic systems and business environment.

SECTION-BEconomic planning in India; Government Policies: Industrial policy, fiscal policy,

monetary policy, EXIM policy; Public Sector and economic development; Development banks and relevance to Indian business; Economic reforms, liberalisation and structural adjustment programme.

SECTION-CPolitical and Legal Environment of Business: Critical elements of political environment;

Government and business; Changing dimensions of legal environment in India; RTI Act, FEMA; Consumer Protection Act.

Socio-cultural Environment: Critical elements of socio-cultural environment; Social institutions and systems; Social values and attitudes; Social groups; Middle class; Dualism in Indian society and problems of uneven income distribution; Emerging rural sector in India; Indian business system; Social responsibility of business.

SECTION-DInternational Environment : Multinational corporations: Foreign collaborations and

Indian business; Non-resident Indians and corporate sector; International economic institutions : WTO, World Bank, IMF and their importance to Indian Economy; Technological environment in India; policy on research and development; Patent laws; Technology transfer.

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PAPER MC 1.3: CORPORATE ACCOUNTING AND COST MANAGEMENT






SECTION-AIssue, Forfeiture and Reissue of Shares, Final Accounts and Financial Statements of

Companies, Purchase of Business, Liquidation Accounts.

Amalgamation, Absorption and Reconstruction of Companies, Holding Company Accounts, Corporate Reporting : Objectives, Reporting Practices in India.

SECTION-B

Development of Accounting Standards : Purpose, Development of International and Indian Accounting Standards, Accounting Standards 1, 2, 6, 10, 14, 17, 19, 21, 25 & 26.

Accounting for Price Level Changes; Nature and Techniques; Accounting for Human Resources: Need, Methods of Valuation; Areas of Corporate Social Performance; Measurement and public reporting of Corporate Social Performance.

SECTION-C

Strategic Cost Management (SCM) : Concept and philosophy, Key elements in SCM, Value chain analysis, Strategic positioning and cost driver analysis.

Contemporary Cost Management : Activity Based Costing; Concept, rationale, issues and limitations. Design and implementation of activity based costing.

SECTION-D

Activity based management and Activity based budgeting; Target Costing, Life Cycle Costing, Kaizen Costing, Back Flush Costing.

Cost Management and Performance Evaluation, Evaluation Criteria : Return on capital employed, Residual income, EVA, MVA and non-financial performance measures.

4

PAPER MC 1.4: MANAGEMENT CONCEPTS AND ORGANISATIONAL BEHAVIOUR






SECTION-ANature and scope of management, Development of Management Thoughts, Manager and

his environment. Managerial functions; Planning : Concept, Process and Types; Organising : Concept,

Principles; Developing Organisational Structure and Common Organisational Designs; Staffing; Directing.

SECTION-BControl : Nature, Process and Techniques; Decision Making: Process, Creative elements

in decision making, Analytical aids to decision making.Organisational Behaviour : Concept, Opportunities and Challenges. Relationship between

Management & Organisational Behaviour; Attitudes Perception; Learning; Personality; Motivation : need and theories.

SECTION-CGroup Dynamics and Team Development : Defining and classifying groups, group

formation. Group dynamics : Definition and importance, types of groups, group formation, group development, group composition, group performance factors; team development.

Leadership : Theories and styles; Making communication effective. SECTION-D

Organisational Culture: Concepts, creating and Sustaining Culture, learning culture; Power and Politics: Work stress and its management.

Organisational Conflicts; Dynamics and management, Sources, patterns, Levels and types of conflict; Traditional and modern approaches to conflict; Functional and dysfunctional organisational conflicts; Resolution of conflicts.

Organisational Development: Concept, Need for change, Resistance to change, Theory of Planned Change, Organisational Diagnosis. OD Intervention.

5

PAPER MC 1.5: STATISTICAL TECHNIQUES & RESEARCH METHODOLOGY


INSTRUCTIONS FOR THE PAPER-SETTER

The question paper will consist of five sections: A, B, C, D and E. Sections A, B, C and D will have two questions from the respective sections of the syllabus and will carry 15 marks each. Section E will have one question having 8 short-answer type questions (answer to be around 100 words each) of four marks each, which will cover the entire syllabus uniformly. In all, nine questions are to be set.

INSTRUCTIONS FOR THE CANDIDATE

Candidates are required to attempt one question each from sections A, B, C and D of the question paper and 5 short-answer type questions (answer to be around 100 words each) from section E.

SECTION-AIntroduction to Research : Nature, Objectives and Utility; Types of Research :

Implicational, fundamental, applied, exploratory, Descriptive, Predictive. Methods of Investigation : Library, Case Study, Survey, Experimental, Action and Evaluation; Process of Research : Hypothesis formation and principles of testing them (Introductory).

SECTION-BResearch Design Construction : Formulation, Data Sources Identification, Data

Collection Methods, Sampling, Experimental Plan, Statistical Analysis and Operational Design, Optimisation for cost effectiveness and achieving desired precision. Report writing.

SECTION-C

Sampling Methods, Hypothesis, Null and Alternative Hypothesis, Level of Significance, Type-I and II errors, Tests of Significance (attributes, large samples and small samples); Probability distribution functions. Binomial, Poisson's and Normal Distributions. Correlation and Regression Analysis (Simple, Partial and Multiple) upto three variables. Fitting trend equations (Linear, Quadratic and Exponential) and its application in forecasting.

SECTION-D

Distinction between parametric and non-parametric methods. F test, T test, Z test, chi-square and Kendall's coefficient of concordance ( W test), Sign test, Wilcoxon Signed Rank Test, Wald-Wolfowitz test, Kruskal-Wallis test.

6

PAPER MC 1.6: CORPORATE AND BUSINESS LAWS






SECTION -AConcept of Corporation & Legal Entity, Formation of a company; Memorandum

and Articles of Association. Doctrine of Ultra Vires, Doctrine of Indoor Management, Alteration of Memorandum and Articles; Prospectus.Shares & share capital, Transfer and Transmission of shares.

SECTION -BBorrowing powers of the company, Management of Companies, Meeting of

Company, Winding up and dissolution.The Negotiable Instruments Act, 1881: meaning, types, endorsement, holder and

holder in due course, presentation.

SECTION -CCompetition Act 2002, SEBI Act 1992, Objectives and Functions; Role of SEBI in

controlling the security markets.Consumer Protection Act (1986) – Introduction, Objectives, Definition; Objectives

of Central & State Councils, Consumer Dispute Redressal Machinery. Cyber laws.

SECTION -DLaw of Contract (1872): Nature of Contract, Classification, Offer and Acceptance;

Capacity of Parties; Free Consent; Consideration; Legality of Object; Agreements declared void; Performance and Discharge of Contract; Remedies for Breach of Contract.

Environment Protection Act.

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PAPER MC 1.7: COMPUTER APPLICATIONS IN BUSINESS






SECTION-APersonal Computer : Introduction, Characteristics, Generations, Types, Functions,

Components. Computer Organisation: CPU, Components of CPU Memory (Primary and Secondary Memory). Computer Software : System Software, Applications Utility Software, Compiler, Interpreter, Assembler, Computer Hardware : Processor unit, input devices, output devices.

Operating System : Functions, Types, Input Output Devices, Storage Devices.Data Representation : Number System, Conversion from one number System to other

system, Binary Arithmetic. Modern Information Technology : Basic idea of LAN, WAN, MAN, Internet Technology : Its applications, Computer Crimes; Virus : Detection and its elimination.

Introduction to DOS-Internal & external commands. Windows-Features, Parts, Window explorer, Parts of windows Desktop, Print Manager.

SECTION-BMS office: Word Processing- Features of good word processor, working with MS-word,

Word Basic Commands, Formatting Text documents working with graphics; Sorting and Tables, Mail Merge.

Spreadsheets; Working with Excel, formatting, functions charts and graphs. Database in Excel, concepts of absolute and relative cell reference.

Power Point : Creating Presentations with Power Point, Power Point Basics, Various views, Sound Effects and Animation Effects. Graphics in Power Point.

Access: Understanding database, Creating Tables, Query and reports

SECTION-C

Introduction to Accounting Packages: Manual Accountings Vs. Computerised Accounting. Preparing vouchers, invoice and salary statements. Maintenance of accounting

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Books and Final Accounts, Financial Report generation using Tally, Inventory record Keeping using Tally. Practical Knowledge on wings Accounting and Tally. Introduction to Statistical Package : Usage of Statistical packages for analysis in research. Excel, SPSS, SYSTAT.

SECTION-DIntroduction to E-Commerce : Meaning and Concept; Electronic commerce versus

traditional commerce; Business applications of E-commerce; Business Models of E-Commerce. Business to Business, Business to Consumer and Consumer to Business, Online marketing and advertising, Electronic Payment System, Types of E-payment systems: E-cash, E-cheques, Credit cards, Debit cards, Smart cards and electronic purses. Security issues in E-Commerce, IT Act, 2000.

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M.com. Part-I (Annual System)(Distance Education Course)

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