VERY IMPORTANT INSTRUCTIONS:

Kindly refer the official communication of the University in the

B.A. R&S file .

APPENDIX – 18 (R)

UNIVERSITY OF MADRAS

M.COM. DEGREE COURSES

CHOICE BASED CREDIT SYSTEM

(w.e.f. 2008-2009)

SECOND YEAR (i.e., III AND IV SEMESTER)

NAME OF THE COURSE

  1. M.Com. MASTER OF COMMERCE
  1. M.Com. ACCOUNTING AND FINANCE

3. M.Com. CORPORATE SECRETARYSHIP

The scheme of examinations for different semesters shall be as follows:

Vide APPENDIX - B

APPENDIX – B

THE SCHEME OF EXAMINATIONS FOR III AND IV SEMESTER

  1. MASTER OF COMMERCE (M.Com.)

CHOICE BASED CREDIT SYSTEM

(w.e.f. 2008-2009)

S. NO. / COURSE
COMPONENTS / NAME OF COURSE / SEMESTER / INST. HOURS / CREDITS / EXAM HRS / MAX MARKS
CIA / EXTERNAL
CORE / Com 210 Research Methodology / III / 5HRS / 4 / 3 / 25 / 75
CORE / Com 213 Human Resource Management / III / 5HRS / 4 / 3 / 25 / 75
CORE / Com 215 Fundamentals of Information Technology / III / 5HRS / 4 / 3 / 40
(P) / 60
ELECTIVE- III WITHIN THE DEPARTMENT / III / 5HRS / 3 / 3 / 25 / 75
ELECTIVE -IV (WITH IN THE DEPARTMENT) / III / 5HRS / 3 / 3 / 25 / 75
ELECTIVE-V
EXTRA DISCIPLINARY / III / 5HRS / 3 / 3 / 25 / 75
SOFT SKILL-III / III / 3Hrs / 2 / 3 / 25 / 75
THIRD SEMESTER

** Internship will be carried out during the summer vocation of the first year and marks should be sent to the University by the College and the same will be included in the Third Semester Marks Statement.

FOURTH SEMESTER

S. NO. / COURSE
COMPONENTS / NAME OF COURSE / SEMESTER / INST. HOURS / CREDITS / EXAM HRS / MAX MARKS
CIA / EXTERNAL
17 / CORE / Com 217 Management Information
Systems / IV / 6 HRS / 4 / 3 / 25 / 75
18 / CORE / Com 229 Investment Analysis and Portfolio Theory / IV / 6 HRS / 4 / 3 / 25 / 75
19

20 / ELECTIVE –VI
ELECTIVE-VII / IV
IV / 6 HRS
6 HRS / 3
3 / 3
3 / 25
25 / 75
75
21 / PROJECT PLUS VIVA VOCE / IV / 6 HRS / 8 / - / 20 / 80*
SOFT SKILL -IV / IV / 3 HRS / 2 / 3 / 25 / 75

* Viva-Voce20 marks

Project 60 Marks

Candidates to secure 70 Credits from Core papers in all the four semesters including Project Work and soft skills. A minimum total credits of 91 credits should be earned for securing M.Com. degree.

ELECTIVES

III SEMESTER (Any two of the following)

1 Com 224 Industrial Relations

2 Com 225 Transport and Logistics Management

3Com 226 Strategic Management

4Com 227 Banking Management

5Com 240 International Marketing

6 Com 239 Business Futurology & Forecasting

7 Com 232 Financial Markets & Services

IV SEMESTER (ANY TWO OF THE FOLLOWING)

1 Com 228 Practical Internal Auditing

2 Com 230 Marketing Research and Consumers Behaviour

3 Com 231 Organizational Behaviour

4 Com 233 Business Taxation

6Com 221 E-Business

7Com 242 International Financial Management

8Com 243 Entrepreneurship and small Business Promotion

The following should be offered as Extra disciplinary courses for other department students

SEMESTER III

1Com 236 CRM and Relationship Marketing

2Com 237 Consumer Rights & Education

3Com 238 Personnel Investment &Tax Planning

(Any one of the above THREE)

Wherever it is feasible students may be encouraged to go for extra-disciplinary papers. If it is not feasible to offer extra-disciplinary papers the departments can choose one more paper from among the given elective papers in the respective semesters-but other than the extra-disciplinary papers from the academic year 2008-09.

2. M.COM. DEGREE COURSE IN ACCOUNTING AND FINANCE

S. NO. / COURSE
COMPONENTS / NAME OF COURSE / SEMESTER / INST. HOURS / CREDITS / EXAM HRS / MAX MARKS
CIA / EXTERNAL
11 / CORE / AF 711 Taxation II / III / 5 HRS / 4 / 3 / 25 / 75
  1. 12
/ CORE / AF 717 Fundamentals of Information Technology / III / 5 HRS / 4 / 3 / 25 / 75
  1. 13 13
/ CORE / AF 710 Research
Methodology / III / 5HRS / 4 / 3 / 25 / 75
  1. 14
/ ELECTIVE- III WITHIN THE DEPARTMENT / III / 5 HRS / 3 / 3 / 25 / 75
  1. 15
/ ELECTIVE –IV / III / 5Hrs / 3 / 3 / 25 / 75
  1. 16
/ EXTRA DISCIPLINARY ELECTIVE – V / III / 5 HRS / 3 / 3 / 25 / 75
Soft skill- III / III / 3 HRS / 2 / 3 / 25 / 75

THIRD SEMESTER

** Internship will be carried out during the summer vocation of the first year and marks should be sent to the University by the College and the same will be included in the Third Semester Marks Statement.

S. NO. / COURSE
COMPONENTS / NAME OF COURSE / SEMESTER / INST. HOURS / CREDITS / EXAM HRS / MAX MARKS
CIA / EXTERNAL
  1. 17
  2. 18
/ CORE
CORE / AF 713EDP Audit
AF 715 Management
Accounting & Theory / IV
IV / 6 HRS
6HRS / 4
4 / 3
3 / 25
25 / 75
75
19 / ELECTIVE - VI / IV / 6 HRS / 3 / 3 / 25 / 75
20 / ELECTIVE - VII / IV / 6 HRS / 3 / 3 / 25 / 75
21 / PROJECT PLUS VIVA VOCE / IV / 6 HRS / 8 / - / 20 / 80*
Softskill – IV / IV / 3 HRS / 2 / 3 / 25 / 75

FOURTH SEMESTER

* Viva-voce20 Marks

Project Report60 Marks

ELECTIVES

III Semester (Two out of the following)

1AF 723 Strategic Financial Management

2AF 724 Strategic Cost Management

3AF 725 Working Capital Management

4AF 728 Financial Markets and Services

IV Semester(Two out of the following)

5AF 730 Security Analysis and portfolio Management

6AF 731 Banking Management

7AF 732 Insurance and Risk management

8AF 733 Business Futurology and Forecasting

9AF 734 Corporate Laws

EXTRA DISCIPLINARY SUBJECTS FOR OTHER DEPARTMENTS

III Semester

10AF 729 Corporate Ethics and Governance

11AF 735 Personal Investment and Tax Planning

(Any one of the above two)

Wherever it is feasible students may be encouraged to go for extra-disciplinary papers. If it is not feasible to offer extra-disciplinary papers the departments can choose one more paper from among the given elective papers in the respective semesters-but other than the extra-disciplinary papers from the academic year 2008-09.

3. M.Com. DEGREE COURSE IN CORPORATE SECRETARYSHIP

THIRD SEMESTER
Sl.
No. / Course Components / Subjects / Inst.Hours / Credits / Hrs. / Max. Marks
CIA / External
11 / Core / PAPER-XI
Indirect Tax Laws / 6 / 4 / 3 / 25 / 75
12 / Core / PAPER-XII
Research Methodology / 6 / 4 / 3 / 25 / 75
13 / Core / PAPER-XIII
Advanced Cost and
Management Accounting / 6 / 5 / 3 / 25 / 75
14 / Elective III / PAPER-XIV
Corporate Restructuring
Law and Practice
(OR)
Strategic Corporate Management / 6 / 5 / 3 / 25 / 75
15 / Extra Disciplinary / PAPER – XV
Practical Banking / 6 / 4 / 3 / 25 / 75
16 / Soft Skill
III / 2

** Internship will be carried out during the summer vocation of the first year and marks should be sent to the University by the College and the same will be included in the Third Semester Marks Statement.

FOURTH SEMESTER
SI. No. / Course Components / Subjects / Inst.Hours / Credits / Hrs. / Max. Marks
CIA / External
17 / Core / PAPER-XVI
Secretarial Management and System Audit / 6 / 4 / 3 / 25 / 75
18 / Core / PAPER-XVII
Financial Management / 6 / 4 / 3 / 25 / 75
19 / Elective IV / PAPER-XVIII
Corporate Governance and Business Ethics
(OR)
International Business Policies and Procedures / 6 / 5 / 3 / 25 / 75
20 / PROJECT
VIVA VOCE / 6 / 6 / 40 (Project)
- / 120 (Project)
40
(Viva-Voce)
21 / Soft Skill IV / 2

____ Credits to secure from Core Papers in all the four semesters.

Minimum 90 as total credits for securing a Post-Graduate degree in a given subject.

TESTING PATTERN:

Total: 75 Marks

Part A(50 words) – 10 out of 12 (10 * 1 = 10 Marks)

Definitions & Meaning (not less than 2 questions from each unit)

Part B(200 words) – 5 out of 7(5 * 5 = 25 Marks)

Understanding / Descriptions (not less than 1 question from each unit)

Part C(500 words) – 4 out of 6 (4 * 10 = 40 Marks)

Application / Analysis / Synthesis / Evaluation

(not less than 1 question from each unit)

Points to be Noted

1: Distribution of marks between Theory and Internal Assessment is

75:25.

The following procedure is suggested for internal assessment.

15 Marks (2 tests out of 3)

5 Marks (attendance)

5 Marks (assignment - seminar)

2. There is no passing Minimum for internal. Pass minimum is for external and overall.

3. For external examination, Passing Minimum of 50% at PG be fixed and grading be based on overall marks obtained (internal + external).

4. To qualify for the degree a minimum of 50 % in the aggregate for PG course needed.

5. Question paper pattern as above remains same for all the papers. However for papers (like Financial Management and Advanced Cost & Management Accounting), the distribution pattern of question should be at the ratio of 20:80 for theory and problems.

  1. Project

Project Report present 120 (fully External only)

Viva-Voce 40 (fully External only)

Internal 40 (for evaluation of Report only)

200

A.C.F.2009

APPENDIX - 18 (S)

  1. MASTER OF COMMERCE (M.Com.)

SYLLABUS
(w.e.f..2008-2009)

SEMESTER-III

COM 210 RESEARCH METHODOLOGY

Objectives

  1. To provide knowledge on research methods, techniques and the process.
  2. To develop skills in the application of research methods for business problem solving.

Unit 1

Research -Meaning and purpose -types of research -Pure and applied, survey, case study experimental, exploratory -Research Design -Steps in selection and formulation of research problem - steps in research -review of literature.

Unit 2

Formulation of Hypothesis- Types, sources -Testing -sampling techniques- sampling error and sample size.

Unit 3

Methods of data collection -Primary and secondary data -observation -interview -questionnaire -construction of tools for data collection -testing validity and reliability -pilot study and pre-testing.

Unit 4

Processing and analysis of data -editing -coding -transcription- tabulation -outline of statistical analysis -descriptive statistics -elements of processing through computers -packages for analysis.

Unit 5

Report writing -target audience -types of reports -contents of reports - styles and conventions in reporting -steps in drafting a report.

References

1 William C Emory, Business Research Methods, Richard D Irwin, NJ,

2 Donald R Cooper, Business Research Methods 7th Ed, McGraw Hill, 2001

3 Krishnaswami OR, Methodology of Research for Social Science, Himalaya, Mumbai, 2001.

4 Anderson J. et.al, Thesis and Assignment writing, Wiley Eastern

COM 213 HUMAN RESOURCE MANAGEMENT

Objectives

  1. To provide knowledge on understanding managing human resources in organizations.
  2. To offer exposure on human resources practices in organizations.

Unit 1

Humans and other physical resources -emphasis on the development of the human potential- Implications of Behavioural Science theories to HRM -Link between organization planning and HR planning.

Unit 2

Acquisitions and maintenance of personnel- Recruiting and selection process- duties- orientation. Maintenance of personnel- Motivation for increased productivity- Q. W.L.

Unit 3

Reward and compensation system -Grievance procedure -conflict -process -stress Vs challenge -sources -resolution.

Unit 4

Performance Appraisal- Basic consideration -Components - Methods -problem in assessment prevention.

Unit 5

Human development, training- identifying needs -Designing training programme- Evaluation of training programme -methods of training- placement and management -organisational changes -change agents.

References

1 Dressler, Human Resource Management, 8th Ed. Pearson Education, 2002

2 De Genzo and Ro~bins, Personnel/Human Resource Management, Prentice Hall of India, 1998.

3 S.K.Chakraborty, Values and Ethics for Organisations, Oxford University Press;1999

4 Aswathappa, Human Resrouce and Personnel Mal18iement, Tata McGraw Hill, New Delhi, 2002.

COM 215 FUNDAMENTALS OF INFORMATION TECHNOLOGY

Objectives

  1. To offer basic skills in computer applications.
  2. To develop working knowledge on business related softwares.
  3. To impart knowledge on application of software for analysis of business related data.

Unit 1

Introduction to Computer -Classification of Digital Computer System- Computer Architecture - Number -Compliments -Logic Gates -Truth Table -Boolean Algebra -Table Simplification of Boolean Function.

Unit 2

Introduction to Computer Software -'C', DBMS, RDBMS -Implementing Number Sorting, Matrix Addition, Multiplication, Palindrome Checking, Searching an Element an Array. :

Unit 3

MS- WORD -Creating Word Document -Editing Text -Adding and Formatting Numbers - Symbols -.Getting into Print -MS-EXCEL -Creating Tables Using EXCEL -Using Tables and Creating Graphs -MS-ACCESS -Planning and Creating Tables -forms -Modifying Tables -Creating relational Database- Form Design- Reports -MS-POWERPOINT -Preparing Power Point Presentation for Marketing Products such as CREDIT CARD, Newly Introduced Cosmetic item etc.,

Unit 4

Introduction to Internet -Resources of Internet -Hardware and Software Requirement of Internet -Internet Service Providers -Creating an E-Mail Account-Sending and Receiving Messages with Attachments to our friends account -Multimedia and its Applications

Unit 5

Application software -Accounting packages- Statistical packages -Preparation of financial statements and statistical analysis

Note

The practical examination will be conducted by an internal examiner and an external examiner jointly.

The theory paper (3 hours and, 100 marks) will be scaled to 60 marks. The practical paper (3 hours and 100 marks) will be scaled to 40 marks. The candidate has to secure 50% in each of the practical and theory papers to secure a pass.

Failure to secure the minimum either in the theory or the practical will entail the reappearance only in that paper. Twenty marks out of hundred for the practical paper is reserved for the record.

References

1 James A. Senn, Information Technology in Business Principles; Practices and opportunities, International Edition, Prentice Hall, 1998.

2 Corey Sandler, Tom Badget, Jan Wein Garten, Ms-Office for Windows.

3 Alexis Leon Mathew Leon, Fundamental of information Technology, Vikas Publishing Home Pvt.,Ltd.,1999.

FUNDAMENTALS OF INFORMATION TECHNOLOGY LIST OF PRACTICAL EXPERIMENTS

  • Creating Mail merged documents in MS WORD for example, Interview call letters
  • Typing tables in Ms Word, for example schedule of debtors
  • Creating a Cash budget in MS-EXCEL
  • Draw a break even analysis graph in EXCEL
  • Draw a graph to compare prices across year of multiple products
  • Calculate the NPV of projects using EXCEL
  • Computing regression and estimating the dependent variable using EXCEL
  • Preparing Flexible budget using EXCEL
  • Creating a file debtors and a file of Invoices along with the debtors details (relationship)
  • Creating forms of data entry and data editing for a given data file (Include validation)
  • Using the query generator to extract data
  • Creating a Power Point presentation to promote a product.
  • Creating a PP Slide show with clip art and image files
  • Spelling checking, formatting and printing in WORD
  • Update files in MS-Access
  • Use reports to generate summaries in Ms-Access
  • Use PP Facilities to create and automate slide show ( including transition)
  • Computing variance analysis using EXCEL
  • Using data from Ms-Access to mail, merge a document in MS-WORD
  • Drawing various types of graphs in EXCEL
  • Preparation of Ledger Accounts through Tally
  • Preparation of Trial balance though Tally
  • Computation of Means and Standard deviation through SPSS package
  • Computing Correlation and Regression through SPSS Package
  • Preparation of Charts and Diagrams through SPSS Package

SEMESTER – IV

COM 217 - MANAGEMENT INFORMATION SYSTEMS

Objectives

  1. To offer in depth knowledge on information systems in business and their management

Unit – 1

Management Information System – Concept, Need, Strategic role – Evolution of Management Information System – Components of Management Information System – Information flow.

Unit - 2

Data base management systems – Objectives and Components – Database design – Creation and control – Recent trends in database.

Unit – 3

Developing information system – Planning, Designing and resesigning – Approaches for system development – System analysis and Design – system Implementation and Maintenance.

Unit – 4

Transaction processing and Support system – Transaction processing system – Office automation systems – Decision support systems – Executive information systems – Artificial intelligence and Expert systems.

Unit – 5

Functional Information systems – Production, Finance, Human resource and Marketing – Managing information resources – Information Security – Control & Audit of Information Systems.

References

  1. James A O’ Brain, Management Information Systems’, Tata Mc Graw Hill. 2003
  2. King R William, ‘Management Information Systems’,2003
  3. Davis, ‘Management Information Systems’,Mc Graw Hill.2003
  4. Wetherbe, Turban, ‘Information Technology for Management’, John willey publishers.
  5. L.M.Prasad, Usha Prasad, ‘Management Information Systems’, Sultan chand & Sons.2003
  6. D.P.Goyal, ‘Management Information Systems – Managerial Perspectives’, Mac Millan India Ltd.2003
  7. S.Sadagopan, ‘Management Information System’, Prentice Hall 2003.
  8. Eff Oz, ‘Management Information Systems’, Vikas Publishing house Pvt. Ltd.2003.
  9. Muneesh Kumar, ‘Business Information Systems’, Vikas Publishing house Pvt. Ltd.2003.
  10. Kenneth C.Loudan & Jane P.Loudan, “Essentials of MIS”, Prentice Hall India,2001

COM 229 -INVESTMENT ANALYSIS AND PORTFOLIO THEORY

Objectives

  1. To provide knowledge on basics of investment management.
  2. To develop skill for investment analysis and portfolio building.

UNIT -I

Nature and scope of investment management -investment objectives, constraints -factors – investment process -investment management and portfolio management -factors for investment analysis -impact of economic analysis -impact of industrial analysis role of capital markets. Understanding the investment environment -sources of investment information

UNIT-2

Approaches to security analysis- market indicators -security price movements -fundamental analysis -technical-analysis -Dow theory -Random walk theory -efficient market hypothesis -various forms of market efficiency and their implications to security analysis-technical analysis Vs. efficient markets hypothesis -common stock analysis -economic analysis -economic indicators -industry analysis.

UNIT 3

Company analysis components -non financial aspects -financial analysis -financial statement - analysis of prospectus -ratio analysis -BPS, dividend yield -payout ratio -ROI, ROCI -Risk return - market risk -interest rat~ risk -purchasing power risk -business risk -financial risk -measurement of risk.

UNIT 4

Portfolio -portfolio management -portfolio theory -meaning and objectives, traditional and modem portfolio theory. Diversification- Markowitz's approach -portfolio management process-portfolio planning- portfolio analysis-portfolio selection -portfolio evaluation -portfolio revision- various steps involved in the development of portfolio.

UNIT- 5

Capital market theory -assumptions -risk, investors preference -capital asset pricing model (CAPM) -estimating Betas -significance of betas in portfolio theory -securities market line arbitrage pricing theory- options pricing model-put and call- valuation of various options -futures trading -hedging and forward contracts -Indian stock market and the institutional investors.

Note

The proportion between theory and problems shall be 60: 40

REFERENCES

1 Prasanna Chandra, Managing Investments, New Delhi, Tata Mcgraw Hill, 1999

2 Elton, Edwin J & Gruber Martin J, Modem Portfolio Theory Investment Analysis, Wiley Sons, 1999.

3 Sidney CottIe, Graham Dood's, Security Analysis, Tata Mcgraw Hill, 1989.

4 D. Fisher & RJ Jordan, Security Analysis & Portfolio Management, Prentice Hall of India, 1999.

5 J C Francis and S H Arclean, Portfolio Analysis, Prentice Hall of India.

6 Russell Fuller et.al, Modern Investments and Security Analysis, McGraw Hill 1987.

ELECTIVES

COM 224 INDUSTRIAL RELATIONS

Objectives

  1. To offer knowledge on managing industrial relations and the processes, regulations and the authorities regarding industrial relations.

Unit 1

Labour problems and labour market, Indian labour market -Employers organisations definition, types, role and functions, origin, b7fowth and pattern of employers organisations in India. Issues relating to employers organisations in India.

Unit 2

Trade Unionism: Definition, approaches to trade unions, types of unions, functions and role, history of trade unions in India, problems and future.

Unit 3

Industrial disputes, forms, causes prevention and settlement -legislative measures others. Analysis of disputes, Industrial relations machinery in India.

Unit 4