T.Y.B.Com

FACULTY OF COMMERCE
THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA
VADODARA
DETAILED SYLABI FOR T.Y. B.COM
   
1. Auditing
2. Business Laws
3. Fundamentals of Entrepreneurship Development
4. Behavioural Science in Management
5. International Economics
  Accounting and Financial Management
6. Special Paper III - Advanced Accounting
  Commerce Including Business Administration
6. Special Paper III - Marketing Research
  Banking and Business Finance
  Special Paper III - Banking Law and Practice in India
  Business Economics
5. Special Paper III - Economic Environment of Business
6. Banking and Insurance or
6. Business Mathematics

 

BUSINESS ORGANISATION AND MANAGEMENT
PAPER - III

UNIT-I Introduction to Management
 
Meaning and nature of management, External Environment of Business- Social Responsibility of Business - Characteristics of Modern Management - broad outline of Managerial Functions - Henry Fayol’s Principles of Administration - Contribution of some pioneer thinkers in Management.
UNIT-II Planning and Control
 
Types of Plans-Making planning Effective Meaning and nature of panning, steps in planning process, limits to planning, basic control process, requirements for adequate controls Techniques.
UNIT-III Organising
 
Max Weber’s model of bureaucratic Organisation :-
Meaning and Steps of organizing - departmentation, delegation, decentalisation, span of Management, - M.B.O.
UNIT-IV Individual Behaviour Processes
 

A. MOTIVATION : Meaning, Process, basic theories of motivation
B. PERCEPTION : Meaning, external and internal factors influencing perceptual selectivity, perceptual defects.

UNIT-V

A. COMMUNICATION : Types and theories of learning reinforcement.
B. LEADERSHIP : Nature, theories and styles of leadership.
 

DEVELOPMENT IN MANAGEMENT OF CHANGE, CONFLICT RESOLUTION AND OTER ELATED AREAS.

  Reference Books
1. Essentials of Management - KOONTZ, OILONNELL & WEIRICH.
2. Organisational Behaviour - FRED LUTHANS
3. Organisational Behaviour - STEPHEN ROBBINS


INDIAN ECONOMIC PROBLEMS

UNIT-I
Agriculture is contribution to G.N.P. Land Distribution and size of holding .Productivity
and green revolution, rural credit and marketing.
UNIT-II
Industry : Organized, Small and informal sectors, Monopoly and concentration, Growth
of Public Sector, Investment, Efficiency, and Returns, Foreign Capital and Technology, Recent Industrial Policy.
UNIT-III
Poverty : Meaning, measurement of rural and urban poverty, spread of poverty,
regional distribution of Income and Wealth.
 

Unemployment, Types, Causes Estimates and Government Policy.

UNIT-IV
Population: Nature and size of the problem, Population policy. Manpower and Labour
problems and policy.
UNIT-V

India’s Foreign Trade : Consumption, Direction, Balance of trade and Balance of
Payments position.
Inflation : Meaning, Causes, impact, Government Policy.

UNIT-VI  
1.


2.

Growth and Infrastructure: Transport Energy, Banking, Financial Institution - Their
Growth and Role

Economic Planning: Basic philosophy, Strategies, Objectives, Targets, Resource Mobilisation and achievement, (These topics are to be studied directly in relation to India’s Five Year Plans). 


PRINCIPLES OF ECONOMICS PAPER - II

UNIT-I

Money : Value of money, Measurement of value of money, Effect of changes in value of
money, forms of money, Transactions equations, Cash balance equation.

UNIT-II

Banking : Theory of Central banking, Functions, Objectives of Monetary Policy, Central
banking in under developed money markets - Credit creation by Commercial banks.

UNIT-III
International Trade : Why a separate theory of International trade, theory of
Comparative cost-advantages, Foreign trade versus protection, Balance of payments disequilibrium and remedies.

Foreign Exchange : Freely fluctuating exchange rates, Gold Standard mechanism, mint per rate of exchange theory, Purchasing power parity theory, demand and supply theory exchange control and exchange management, I.M.F.
UNIT-IV
Income and Employment : Kinds and causes of Unemployment, classical theory of
employment, Keynes’ view on classical theory, effective demand, consumption function, marginal efficiency of capital.
UNIT-V
Multiplier and accelerator, Keynes theory of employment, inflationary gap, inflationary gap.

Trade Cycle-Meaning, Phases, Old and modern theories of Hawtrey, Hayek, Hobsen, Keynes and Schumpeter Remedies.

UNIT-VI

Public Finance : Main object of public finance, Tax fee and price, incidence of taxation, ideal tax system, Public expenditure, principles, factors governing it, Public debt-old and new approaches, method of debt repayment-taxation versus borrowing-deficit financing, fiscal policy - Meaning, approaches, objective and limitations.


PRINCIPLES OF ECONOMICS PAPER - II

UNIT-I

Agreements, Contracts (Indian Contract Act, 1878) Mortgages

UNIT-II

Guarantee and Indemnity, Baliment and Pledge, Agency

UNIT-III

Sale of Goods Act

UNIT-IV

Indian Partnership Act
Fire and Marine Insurance

UNIT-V

Negotiable Instruments Act
Insolvency

UNIT-VI

Joint Stock Companies - with reference to the sections of the Companies Act 1956.

Section : 1 to 11, 25, 41 to 50
Section : 116 to 145
Sections : 204, 234, to 251
Sections : 389 to 658



PRINCIPLES OF ECONOMICS PAPER - II
UNIT-I

(a) Accounting Frame Work - Meaning, Definition, Concepts, Principles and Indian Accounting Standards.
(b) Company Final Accounts.

UNIT-II
(a) Flow Statements - Funds Flow (networking Capital) and Cash Flow (as per accounting standard)
(b) Ratio Analysis
UNIT-III
(a) Amalgamation, Absorption and Reconstruction (Internal, External)
UNIT-IV
(a) Holding Company Accounts.
(b) Liquidation Accounts
UNIT-V

(a) Banking Company Final Accounts.
(b) Accounts of leasing transactions

UNIT-VI

(a) Single Entry System
(b) Fire Insurance Claims (For loss of stock and loss of profit)

  Reference
1. Modern Accounting - Hanif & Mukerjee
2. Advance Accounting - Shukla & Grewal
3. Advance Accounting - S. N. Maheshwari
4. Advance Accounting - R. L. Gupta
5. Corporate Accounting - S. N. Maheshwari

 

MARKETING OPTIONAL PAPER - II
MARKETING MANAGEMENT

 

The aim of this paper is to expose students to the major decision making areas in the field of marketing and acquaint then with the current techniques and these areas.

(i) Marketing Management and the Marketing concept
Organisation of marketing activities
Marketing segmentation decisions
(ii)

Product line and new produce decisions
Pricing decisions

(iii) Channel and Physical Distribution decisions
Media and sales force decisions
(iv) Marketing controls
Some special problems of rural marketing India.
As far possible these topics wil be taught through marketing cases from Indian environment.


PERSONAL MANAGEMENT AND INDUSTRIAL RELATIONS OPTIONAL
PAPER - II
PERSONNEL MANAGEMENT

UNIT-I Organisation and function of Personnel Department.
UNIT-II Employment procedures, Notifications of vacancies
UNIT-III Promotions, demotion and transfer of employee
UNIT-IV Employer discipline-related problems and procedures
UNIT-V Manpower Planning
UNIT-VI Job analysis, job specifications and job description.


BUSINESS ECONOMICS OPTIONAL PAPER - II
QUANTITATIVE TECHNIQUES FOR BUSINESS DECISIONS

UNIT-I
Function : Meaning, Types of functions - Linears and non-Linears, implicit and implicit, single values and multivalues. Diagrammatic representation of function, inclination and slope, demand and supply function, market equilibrium, application to tax and subsidy.
UNIT-II
Differential Calculus : Concept of differentiation, limit and continuity, rules derivation, concavity and convexity maxima. Use of calculus for the analysis of utility revenue, cost, profit and elasticity of demand.
UNIT-III
Linear Programming : Graphical and simplex method.
UNIT-IV
Investment Decision : Payback period and the Rate of return criteria, discounting, Net present value, Time Value of Money and Internal rate of return, Uncertainty Analysis, Sensitivity Analysis.
UNIT-V
Decision under Uncertainty : Probability distribution, mathematical expectation, expected value criteria.
UNIT-VI
Input - Output Analysis : Elementary matrix algebra, flow tables, technological assumption, feasibility, Solution to input-output system.


BANKING OPTIONAL PAPER - II
LAW AND PRACTICE OF COMMERCIAL BANKING IN INDIA

UNIT-I

Banker - Customer Relationship :

(a) Definition of “Banker and Customer”
(b) General features of the relationship between banker and customer;
(c) Special features of their relationship
(d) Rights and duties of the banker and customer
(e) Termination of the relationship

UNIT-II

Law and practice relating to various types of deposit accounts.
Opening, Operation and Closure of saving bank account, Current accounts, Fixed deposit account etc.
Provisions relating to various types of depositors with special reference to :

(i) Minors
(ii) Partnership firms;
(iii) Joint account holders;
(iv) Companies, corporations;
(v) Unincorporated associations.
   
UNIT-III

Law and Practice Relating to Negotiable and other Instruments;

(a) Cheques; Features, drawing, crossing, endorsements, marketing and detailed study of payment and collection.
(b) Bills of exchange and Promissory notes; Features, kinds, presentment for acceptance, types o acceptance, presentment of payment, dishonour, noting and protest.
(c) Other Instruments; dividend warrants, Interest warrants, Bearer debentures, Bonds and coupons etc.

UNIT-IV

Law and Practice Relating to :

(a) Unsecured loans and advance with special reference to:
(b) Secured loans and advances with special reference to:
(i) The suitability or otherwise as banking cover
(ii) Valuation-method and form of charge mortgage pledge, hypothecation, lien
(iii) Precautionary measures to ensure god title;
(iv)

Release on Payment or realization on default; in respect of stock and shares

 

(quoted and unquoted) land and buildings, life policies produce and goods, documents of title to goods, plant and machinery and guarantees.

(c)  Different forms of advances :- cash credit, overdraft, loan and discounting of bills
(d) Letters of credit and issue of Gurantees.

 

UNIT-V
Law and Practice Relating to :

(a) Remittance of fund;
(b) Safe Custody and Safe Deposit Vaults;
(c) Executor and Trustees;
(d) Other services, such as; issue of credit cards, emergency vouchers, agency services etc.

UNIT-VI


(i) 



(ii)  

Organisation and Procedures:

(a)  Organisation of a commercial bank:

(a)  Departmental set-up at Head/Central Office:
(c)  Departmental set-up at Zonal/Regional Office
(d) Financial powers at different levels.

Departmental set-up of the branch.

(b) Operating methods and procedures of commercial banks in (i) deposits (ii) advances (ii) collection and remittances, (iv) clearing  (v) foreign exchange  (vi) safe deposits (vii) cash departments at the branch level.

(c) Internal controls system in a commercial bank with special reference to Audit and Inspection.

(d)  (i)  Return/Statement submitted by a scheduled commercial bank to the Reserve Bank of India.
(ii) Return/ Statement submitted by a scheduled commercial bank to the Reserve Bank of India.

  Reference
1. Banking Law and Practice by P. N. Varshney
2. Practice & Law of Banking by H. C. Agrawal


CO-OPERATION OPTIONAL PAPER - II
HISTORY OF CO-OPERATION AT HOME AND ABROAD

UNIT-I
Origin of the movement-Robert Owen and Rochdale pioneers in England - brief history of consumers’ co-operative movement in England - consumers movement in Sweden.
UNIT-II
Credit Movement in Germany
UNIT-III
Procedure’s societies of Franc.
Dairy societies of Denmark.
Industrial co-operative of China and Japan.
UNIT-IV
Marketing Societies of U.S.A. and Canada.
Collective farms of Russia and Palestine.
UNIT-V
India-Original problem of rural indebtedness the economic background-early efforts-people’s Banks of dupernex, Sir F. Nicholsan’s Report.
Co-operative Societies Act of 1904 Act of 1912 Maclagan Committee provincial Act - Expansion and reorganization - Provincial Reports. The Depression and set back, Rehabilitation - Progress after 1939.
UNIT-VI

The Co-operative planning committee. The Agricultural Finance sub committee.
The All India Rural Credit Survey.
Economic Planning and co-operation in India - Co-operative Education and Propoganda.


ACCOUNTING AND AUDITING OPTIONAL PAPER - III
AUDITING

UNIT-I
(A) Principles of Auditing including definition, objects, advantages and different Classes of Audit.
(B) Qualities of a good auditor.
(C) Internal Check and Internal Control.
UNIT-II
(A) Vouching of various types of transactions
(B) Verification and Valuation of Assets
UNIT-III
Audit of limited company under the Companies Act in particular appointment, powers, duties, rights and liabilities of an Auditor.
UNIT-IV
(A) Statutory Report to be placed before statutory meeting
(B) Dividend and appropriation of Profit including divisible profits.
(C) Audit of Accounts of a sole trader and partnership firm.
UNIT-V
(A) Share Capital and Debenture Audit, Underwriting Commission.
(B) Reserves, Provisions and funds- Following section of Companies Act, 1956: 2 (3) 77, 193, 200, 208, 209, 225, 297, 309, 310, 314, 349, 350, 352, 354, 356, 366, 269-73, 372, 233-A, 393-A.
UNIT-VI
(A) Investigation
(B) Elementary Accounting Ratios


MARKETING OPTIONAL PAPER - III
MARKETING RESEARCH

UNIT-I
Nature and scope of marketing research-its importance and limitations. Steps involved in marketing research
UNIT-II
Types of research in marketing.
UNIT-III
Collection of primary data-designing and administering questionnaires.
UNIT-IV
Sampling- Concept - Advantages of Sampling-major sampling methods.
UNIT-V
Selection of samples - Determination of sample size- Analysis of data.
UNIT-VI
Applications of Marketing Research:
(a) Motivation research
(b) Advertising research
(c) Product research
(d) Sales control research


PERSONNEL MANAGEMENT AND INDUSTRIAL RELATIONS
OPTIONAL PAPER - III
INDUSTRIAL RELATIONS SYSTEMS

UNIT-I

Trade union movement in India
Management Union relationships

UNIT-II
Agreements-relevant legislations for settlement of disputes and its machinery.
UNIT-III

Provident Fund, Gratuity benefits, E.S.I. Problems.

UNIT-IV
Wage and salary administration, organization of welfare work.
UNIT-V
Joint Management councils, and other forms of labour participation.
UNIT-VI
Labour productivity, productivity bargaining and moral-current labour and industrial Relations problems on Indian Industries.


BUSINESS ECONOMICS OPTIONAL PAPER - III
ECONOMICS OF FINANCE AND INVESTMENT

UNIT-I
Business decisions : Objectives of a firm - The decision process. Organisation and Operation of the Financial Markets, Capital Market - Money Market - Credit Market.
UNIT-II
Mechanics of International payments - The balance of payments and the concept of deficit/surplus in balance of payments - Foreign Exchange Markets and the market instruments - Foreign exchange Interest arbitrage and flows of capital, Foreign investment in India.
UNIT-III
Analysis and Control: Financial Ratios-Funds flow analysis - Leverage reactions.
UNIT-IV
Capital Budgeting: Selection of projects and Investment criteria - Payback of payout Period-Internal rate of return - Net present value - Risk and uncertainly. Investment Decisions - cost of capital.
UNIT-V
Multinationals and Financial collaborations - Meaning - Their role, Functions in economic development Economic Implications of multinationals, Preparation of a project feasibility Report.


BANKING OPTIONAL PAPER - III
INDIAN BANKING SYSTEM

UNIT-I

Monetary and Financial Institutions:

(a) Indigenous bankers
(b) Commercial banks
(c) Co-operative Banks
(d) Specialized Financial Institutions
(e) Non-bank Financial Intermediaries
(f) Reserve Bank of India.

Indigenous Bankers:

(a) Historical background;
(b) Organisation and functions of different classes
I. Shikarpuri and multani shroffs:
II. Gujarati Shroffs
III. Nattukottai chettiars and Kallidaikurichy Brahmins of South
(c) Operational Techniques:
(d) Co-ordination and control; and
(e) Recent Development

 

UNIT-II

Commercial Banking

(a) Genesis and growth
(b) Changes in the size and location pattern
(c) Services rendered;
(d) Operational techniques
(e) Role : (i) In Deposit Mobilizations and
(ii) In Financing Important Sectors
(f) Regulation and Control
(g) Recent Developments
(h) Present Structural and Operational Problems.

UNIT-III
Co-operative Banking

(a) Genesis and Growth
(b) Functions and Operational Techniques
(c) Comparison with Commercial Banks
(d) Role in :- (i) Deposit Mobilisation; and
(ii) Financing of Important sectors
(e) Regulation and control
(f) Recent Developments
(g) Present Problems
UNIT-IV

Specialised Financial Institutions :

(a) Institutional credit gap and the growth of specialized Institutions;
(b) Organization, functions, operational techniques and role of;
(i)   The Industrial Finance Corporation of India;
(ii)  State financial Corporations
(iii) The Industrial Cretdit and Investment Corporation of India;
(iv)  The Industrial Development Bank of India;
(v)   Other Institutions.
(c)  Recent Development
Non-Bank Financial Intermediaries:
(a) Place in the Economy
(b) Regulation and Control
(c)  Recent Developments.

UNIT-V
Reserve Bank of India
(a) Objectives and Main Functions;
(b) Organisation.
(c) Monetary Policy and its efficacy;
(d) Regulations and Development of the Banking System;
UNIT-VI
Indian Money Market
(a)Structure and Main Features,
(b)Developments during the planning Period
(c)Recent Developments and Problems.
  Reference
1. Indian Financial System by H. R. Mochiraju
2. Indian financial system by M. Y. Khan
3. Monetary Economics : Institutions, Theory and Practice by S. B. Gupta
4. Financial Institutions of Markets by Z. M. Bhole.


CO-OPERATON OPTIONAL PAPER - III
CO-OPERATIVE LAW AND AND ADMINISTATION

UNIT-I
History of Co-operative legislation Co-operative societies Act of 1904 and 1912.
Co-operative Societies Act of 1925 and Rules in Bombay.
Critical Study of Co-operative Societies Act and Rules in other states.
Provisions of co-operative and Mortgage Banks Act in India.
UNIT-II
Bombay Agricultural debtor’s Relief Act underlying principles - Bombay Tenancy Act and Rules.
Gujarat Money-Lenders Act.
UNIT-III
Agricultural produce Market Act.
UNIT-IV

Structure and working of the co-operative department Registration of societies. Preliminaries - Bye law - amendment of bye - laws.

Borrowing of funds-loans-division of profit-reserve funds, charity fund, dividend, bonus etc. Model bye-laws on distribution of profits.

UNIT-V

Concessions granted to registered societies - exemption from compulsory
registration of documents remission of income-tax on profits-exemption from registration fees and stamp duly on documents relating to business of societies.

UNIT-VI
State help co-operative institutions - guarantee to land mortgage debentures - loans and subsidies to various types of societies.