Course Name: Business Organisation and Management

Existing based syllabus: UGCBCS

Course Level: 100 to 199

Credit4

(Internal Assessment 40 Marks + End Term Exam. 60 Marks) = Total Marks: 100

Unit 1: Introduction: Nature and Purpose of Business, Factors to be considered for starting a business, Forms of Business Organisation; Business Bricks & Mortar; Bricks and Click; E-commerce; Franchising; Outsourcing Nature and Functions of Management (An overview); Managerial Competencies-concept.  16 Classes (20 Marks)

Unit2: Business Environment: Meaning and layers of Business Environment-(micro/immediate, meso/intermediate, macro and international); Business ethics and social responsibility; 8 Classes (12 Marks)

Unit3: Planning and Organizing: -Strategic Planning(concepts), Decision-making-process and techniques; Organizing: -Formal and Informal Organisations, Centralisation and Decentralisation, Delegation, Factors affecting organisational design, Organisational structures & Organograms–Divisional, Product, Matrix, Project and Virtual Organisation 12 Classes (20 Marks)

Unit4: Directing and Controlling: Motivation-meaning, importance and factors affecting motivation, Leadership meaning, importance, trait and leadership styles, Communication–New trend sand directions (Role of IT and social media); Controlling–Principles of controlling; Measures of controlling, Relationship between planning and controlling. 12 Classes (24 Marks)

Unit5: Contemporary Issues in Management: Business Process Reengineering (BPR), Learning Organisation, Six Sigma, Supply Chain Management, Work-life Balance; Freelancing; Flexi-time and work from home; Co-sharing/co working 12 Classes (24 Marks)

Suggested Readings:

® Basu, C. (2017). Business Organisation and Management. McGraw Hill Education. New Delhi.

® Drucker, P. F. (1954). The Practice of Management. New York: Harper & Row.

® Kaul, V.K. (2012). Business Organisation Management. Pearson Education.

® Koontz, H., & Weihrich, H. (2012). Essentials of Management: An International and Leadership Perspective. Paperback.

® Laasch, O. (2022). Principles of Management, 2e, Sage Text book.

® Sherlekar, S.A. (2016). Modern Business Organisation and Management. Himalaya Publishing House.

Objective: The course aims to provide basic knowledge to the students about the organisation and management of a business enterprise.

Learning outcome: On successful completion of the paper students will be able to understand about organization structure and its process. Develop knowledge and skills regarding management principles and functions required to run an organization.

No. of Contact Class: 60

Course Name: Financial Accounting (Credit 4)

(Internal Assessment 40 Marks + End Term Exam. 60 Marks) = Total Marks: 100

Existing based syllabus: UGCBCS

Course Level: 100 to 199

CONTENTS

Unit 1:  Theoretical Framework. (12 Classes)       (20 Marks)                                         

1) Accounting as an information system, the users of financial accounting information and their needs. Qualitative characteristics of accounting, information. Functions, advantages and limitations of accounting. Branches of accounting. Bases of accounting: cash basis and accrual basis. 

2) The nature of financial accounting principles: entity, money measurement, going concern, cost, realization, accruals, periodicity, consistency, prudence (conservatism), materiality and full disclosures. 

3) Accounting Standards: Concept, needs and objectives; procedure for issuing Accounting Standards in India. Salient features of First-Time Adoption of Indian Accounting Standard (Ind-AS) 101. Salient features of Indian Accounting Standards Ind AS 1, 2, 16 and AS 9. International Financial Reporting Standards (IFRS): - Need and procedures of Issue.

Unit 2:  Measurement of Business Income.  (12 Classes) (20 Marks)

1) Measurement of business Income-Net income, Application of accounting period, continuity doctrine and matching concept in the measurement of net income. Objectives of measurement. 

2) Capital and revenue expenditures and receipts            

3) Revenue recognition: Recognition of income and expenses as per AS 9.

4) Inventory Valuation: Meaning and Significance. 

Unit 3: Final Accounts.   (12 Classes) (20 Marks)

Preparation of financial statements of non-corporate business entities: Sole proprietorship and Partnership firms.

Unit 4: Hire-Purchase, Instalment Systems and Branches: (12 Classes)    (20 Marks)

1) Accounting for Hire-Purchase and Instalment Systems: Meaning, features, advantages and disadvantages of Hire Purchase and Instalment Systems, Rights of Hire Purchaser and Hire Vendor, Journal entries and preparation of ledger accounts excluding default and repossession. 

2) Accounting for Branches: Meaning, Needs and Objectives of Branch Accounting. Systems of dependent Branch Accounting and their Accounting Treatments (Only debtor’s system, stock and debtor’s system).

Unit 5: Computerised Accounting System.            (12 Classes)        (20 Marks)         

Computerised Accounting Systems: Meaning, components, and advantages, Difference between manual and computerised accounting, Various types of Accounting packages/software and their advantages and disadvantages; Tally 9 and its features, working on TALLY. Simple Practical Problems 

Suggested Readings:

1. Robert N Anthony, David Hawkins, Kenneth A. Merchant, Accounting: Text and Cases. McGraw- Hill Education, 13^th Ed.2013.

2. Charles T. Horngren and Donna Philbrick, Introduction to Financial Accounting, Pearson Education.

3. J.R. Monga, Financial Accounting: Concepts and Applications. Mayur Paper Backs, New Delhi.

4. M.C. Shukla, T.S. Grewal and S.C. Gupta. Advanced Accounts. Vol.-I. S. Chand & Co., New Delhi.

5. B. B. Dam, H C Gautam and others, Financial Accounting, Gayetri Publications, Guwahati

6. K. R. Das & K. M. Sinha. Financial Accounting

7. S.N. Maheshwari, and. S. K. Maheshwari. Financial Accounting. Vikas Publishing House, New Delhi.

8. Deepak Sehgal. Financial Accounting. Vikas Publishing H House, New Delhi.

9. Bhushan Kumar Goyal and HN Tiwari, Financial Accounting, International Book House

10. Goldwin, Alderman and Sanyal, Financial Accounting, Cengage Learning.

11. Tulsian, P.C. Financial Accounting, Pearson Education.

12. Compendium of Statements and Standards of Accounting. The Institute of Chartered Accountants of India, New Delhi

Note: Latest edition of the text books should be used.

Course objective: To provide students with a foundational understanding of financial accounting principles and practices used in preparing and presenting financial statements.

Learning outcome: By the end of the course, students will be able to record, classify, and summarize financial transactions, prepare financial statements in accordance with accounting standards, and analyze basic financial information for decision-making purposes.

No. of Contact Classes: 60

Course Name: Indian Financial System (Credit 4)

(Internal Assessment 40 Marks + End Term Exam. 60 Marks) = Total Marks: 100

Existing based syllabus: UGCBCS

Course Level: 100 to 199

Contents

Unit-1: Introduction       (12 Classes)        (20 Marks)

Financial System-Meaning, Components of Financial system, Functions of Financial System, Financial System and Economic Development, Overview of Indian Financial System.                    

Unit-2: Financial markets             (12 Classes)       (20 Marks)         

Financial Market- Classifications of Financial Markets; Money market- its constitutions, functions and significance; Capital Market- Primary and secondary market, functions of capital market and its significance.

Unit-3: Financial Institutions      (12 Classes)        (20 Marks)                         

Banking Financial Institutions- Types of Banks, Functions of Banks, Structure of Indian Banking System; Non-Banking Financial institutions, types and structure; Mutual Funds, Insurance Companies and Pension Funds. 

Unit-4: Financial Services (12 Classes)     (20 Marks)         

Meaning, features and importance, Types of Financial Services- Factoring, Leasing, Venture Capital, Consumer Finance and Housing Finance.    

Unit-5: Regulatory Institutions  (12 Classes)        (20 Marks)

Reserve Bank of India- organization, objectives, Role and Functions; Securities and Exchange Board of India- Organization and objectives; Insurance Regulatory and Development Authority of India; Pension Fund Regulatory and Development Authority.      

Recommended Books:

1. The Indian Financial System by Bharati Pathak, Pearson Education.

2. Financial Institutions and Markets by L M Bhole, Tata MC Graw Hill.

3. Dynamics of Financial Markets and Institutions in India by R M Srivastava and Divya Nigam, Excel Books.

4. Indian Financial System by H R Machiraju, Vikas Publishing House.

5. The Indian Financial System and Development by Vasant Desai, Himalaya Publishing House.

6. Indian Financial System by P N Varshney and D K Mittal, Sultan Chand & Sons.

Objective: To provide students the basic knowledge of Indian Financial System and its components, institutions and their functions.

Course Outcome: The learning outcomes of the Indian financial system include understanding the diverse components and functions of the system, the role of regulatory bodies, the impact of policies on economic growth, and the development of analytical skills to evaluate and navigate financial markets effectively

No. of Contact Classes: 60

Course Name: Business Mathematics (Multi-disciplinary Credit: 3)

(Internal Assessment 30 Marks + End Term Exam. 45 Marks) Total Marks: 75

Unit I: Introduction to Business Mathematics

Linear, Quadratic, and system of Simultaneous linear equations - Application of concept of equations to business and commerce, Time and work: Simple cases, Profit, Loss and discount (business applications), Shares- Concept of share, face value, Market value, equity shares, preferential shares, dividend, bonus shares, Ratio and proportion- Finding the missing term of the proportion, merging of two ratios in one, Concept of mixture and its examples

Unit 2: Interest & Annuities

Concept of Simple Interest & Compound Interest (solution of related problem), PV and FV of single principal amount, Annuity – Types of annuities: ordinary, due, deferred, continues, perpetual their future and present values using different types of rates of interest. Depreciation of Assets. Definition of sinking fund (General annuities to be excluded).

Unit 3: Matrices and Determinants: Algebra of Matrices, Matrix Operation-Business Application, Determinant of a square matrix. Evaluation determinant of order three (Properties of determinants to be excluded), Inverse of a matrix, Solution of system of linear equations (having unique solution and involving not more than three variables) using Cramer’s Rule.

Unit 4: Differential Calculus: Concept of limit and continuity of a function (simple functions only), Concept of differentiation, Rules of differentiation, Derivatives of e^x,a^x., logx (only result). Differentiation of simple algebraic functions, concept of partial differentiation (simple business problem), Maxima and minima involving second order derivative (relating to cost, revenue and profit), Concept of Marginal Analysis- The common marginal concept in economics and their application in Business. Profit Maximization under Monopoly. Economic Order Quantity.

Unit 5: Integration-Preliminary idea, definite integrals (simple polynomial functions), determination of area using definite integrals, application of integral calculus to Marginal analysis.

Unit 6: Linear Programming: Linear Programming: Sketching of graphs of (i) Linear equation ax + by + c = 0 and (ii)Linear inequalities b) Formulation of linear programming problem (LPP). Graphical solution to LPP.

Suggested Readings:

1. Singh J.K. Business Mathematics. Himalaya Publishing House.

2. Ayres, Frank Jr. Schaum’s Outlines Series: Theory and Problems of Mathematics of Finance McGraw Hill Education.

3. Aggarwal, R.S., Quantitative Aptitude, S. Chand.

4. Text Book of Business Mathematics, Padmalochan Hazarika, S. Chand.

Course Name: Information Technology in Business (SEC) - Credit: 3

Total Marks: 100

Unit1: -Fundamentals of Computers and Information Technology

Definition of a computer system, hardware, software, I/O devices, storage devices, other peripheral devices, CPU and its functions, communication among various parts of a computer system, memory measurement units, Data Information and knowledge, role of IT in information generation, management and decision making.

Unit2:-Introduction to the system software

Definition, different types of system software, different functions, introduction to resource management, memory management, I/O management, process management, deadlock, dead lock avoidance and prevention.

Unit3:-Introduction to the computer networks

Fundamentals of computer networks and the internet, brief introduction to the OSI and the TCP/IP model, different layers and protocols, routing, different devices indifferent layers, network topologies, introduction to wireless technologies, security in computer networks, computer virus, the worldwide web, search engines and their business prospective.

Unit 4:-IntroductiontoMS-Office2010/11

Different MS-Office tools, working with MS-word, creating, editing, formatting and printing documents, working with MS- Excel, data sorting, formulas and functions, graph creation, creating simple and animated presentations with MS-Power Point, using MS-Access to creates mall data bases and the respective forms to enter, edit, and delete data.

Unit5:-Data base fundamentals

Definition, table, field, record, data types, different types of key, meta data, entity, attributes, different types of relationships, database management system, advantages of DBMS approach,3-layred database architecture, data independence, different data base languages, structured query language (SQL).

Unit6: - Introduction to web resource creation

Introduction to Hypertext mark-up language (HTML), Extensible hypertext mark-up language (XHTML), Extensible mark-up language (XML), Extensible business reporting language (XBRL). Client side and server side programming, fundamentals of creating dynamic, interactive web pages: An introduction to Active Server Pages technology, introduction to VB script.

Unit 7: - Introduction to Management Information System

Transaction processing System, Decision support System, Expert Systems.

Practical:

1. Introduction to different hardware components and their functions.

2. MS-WORD, MS-EXCEL, MS-POWERPOINT&MS-ACCESS

3. Web resource creation.

Books Recommended:

® Introduction to Information Technology-ITL Education Solutions Ltd., Pearson Education.

® Information Technology-Dr. Sushila Madan, Taxman.

® Microsoft Office for Windows-S. Sagman, Pearson Education.

® Introduction to Computers-Peter Nortion, McGraw hill.

® Information Technology and Management- Turban, Mclean and Wetherbe, john Wiley &Sons.

Environmental Studies Total marks: 50

Course level:100-199

No. of Credits: 2

No. of hours: 30

Unit1: Introduction to Environmental Studies 5 lectures

·Multidisciplinary nature of environmental studies;

·Scope and importance;

·Basic concepts: Renewable resources, no renewable resources, Common Property resources, Tragedy of commons, Climate change, global warming

·Concept of sustainable development Unit

2: Ecosystems 10 lectures

·What is an ecosystem? Difference between ecology and ecosystem. Structure and function of ecosystem: Energy flow in an ecosystem: food chains, food web and ecological succession.

·Case studies on any one of the following

a) Forest ecosystem

b) Grassland ecosystem

c) Aquatic ecosystems (ponds, streams, lakes, rivers)

d) Mountain ecosystem

Unit 3: Environmental Pollution and laws 15 lectures

·Environmental pollution: types, causes, effects and controls; Air, water, soil and noise pollution

·Solid waste management: Control measures of urban and industrial waste.

· Environment Laws: Environment Protection Act; Air (Prevention & Control of Pollution) Act; Water (Prevention and control of pollution) Act; Wildlife Protection Act; Forest Conservation Act. International agreements, policies and treaties

Suggested Readings:

1. Bharucha Erach: Text book on Environmental Studies, UGC, New Delhi

2. Carson, R 2002. Silent Spring. Houghton Mifflin Harcourt.

3. De A.K.: Environmental Chemistry, Wiley Eastern Ltd.

4. Kaushik Anubha and C.P. Kaushik: Perspective in Environmental Studies, New Age International

5. Rajagopalan, R. (2018). Environmental Studies. (3rd Edition) Oxford University Press

6. S. C. Santra (2011): Environmental Science, New Central Book Agency

Graduate Attributes

I. Course Objective: The course objective is to develop an understanding of the basic concepts of environmental studies. This course will help to know the environment around us. It also gives an idea of various laws to protect environment.

II. Learning Outcome: After going through this course student can visualize the importance of environment for human mankind. This course will help to make an understanding of the various concepts which are frequently used by us. This course also enables students to know the problems of a particular environmental event through case studies and also help them to go through the various available laws that can minimize the environmental problems.