MCom Semester III and IV1_1 Syllabus Mumbai University

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Faculty of Commerce , University of Mumbai 1 | P a g e
Univers ity of Mumbai



Revised Syllabus of Courses
of
Master of Commerce (M.Com )
Programme
at
Second Year
Semester III and IV


Under Choice Based Credit, Grading and
Semester System

(To be implemented from Academic Year 2017-2018)


Faculty of Commerce

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Faculty of Commerce , University of Mumbai 2 | P a g e Master of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semester System
Course Structure

M.Com I I
(To be implemented from Academic Year - 2017-2018)

No. of
Courses Semester III Credits No. of
Courses Semester IV Credits
1 Electi ve Courses (EC) 1 Elective Courses (EC)
1,2
and 3 *Any one group of courses
from the following list of the
courses
(Group – A/B/C/D/E) 18 1,2 and
3 **Any one group of courses
from the following list of the
courses
(Group – A/B/C/D/E) 18
2  Project Work 2  Project Work
4 Project Work - I 06 4 Project Work - II 06
Total Credits 24 Total Credits 24

 Note: Project work is considered as a special course involving application of knowledge in
solving/ analyzing/ exploring a real life situation/ difficult proble m. Project work would be of
06 credits. A project work may be undertaken in any area of Elective Courses

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Faculty of Commerce , University of Mumbai 3 | P a g e
1 *List of group of Elective Courses (EC)
for Semester III (Any Three out of Five) 1 ** List of group of Elective Courses (EC)
for Semester IV (Any T hree out of Five)
Group A: Advanced Accounting, Corporate Accounting and Financial Management
1 Advanced Financial
Accounting 06 1 Corporate Financial
Accounting 06
2 Direct Tax 06 2 Indirect Tax - Introduction of
Goods and Service Tax 06
3 Advance d Cost Accounting 06 3 Financial Management 06
4 Advanced Auditing 06 4 International Financial
Reporting Standards 06
5 Financial Services 06 5 Personal Financial Planning 06
Group B: Business Studies (Management)
1 Human Resource
Management 06 1 Supp ly chain management
and logistics 06
2 Rural Marketing 06 2 Advertising and sales
Management 06
3 Entrepreneurial Management 06 3 Retail Management 06
4 Marketing Strategies and
practices 06 4 Tourism Management 06
5 Organizational Behaviour 06 5 Manag ement of Business
Relations 06
Group C : Banking & Finance
1 Banking Law and Practices 06 1 Cooperative Banking System 06
2 (Skill based) Legal framework
of banking 06 2 Financial Institutions and
Markets 06
3 Commercial Bank
Management 06 3 Accounting and Auditing of
Banking 06
4 Investment Management
Analysis 06 4 International Finance 06
5 Financial Risk Management 06 5 Financial Services 06
Group D : E -Commerce
1 Database Management
System 06 1 E-Commerce Security and
Law 06
2 Internet & Web -Designing
(skill based) 06 2 Advance technology for E -
Commerce 06
3 Network Infrastructure and
Payment System 06 3 Management Information
System 06
4 Logistic & supply chain
Management in E -Commerce 06 4 Digital Marketing 06
5 Business Models in E -
Commerc e & ICT Applications 06 5 International Business, Law
and Taxation 06

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Faculty of Commerce , University of Mumbai 4 | P a g e
1 *List of group of Elective Courses (EC)
for Semester III (Any Three out of Five) 1 ** List of group of Elective Courses (EC)
for Semester IV (Any Three out of Five)
Group E : Busine ss Economics
1 Economics of Growth and
Development 06 1 Urban Economics 06
2 Applied Econometrics 06 2 Entrepreneurship and family
business 06
3 Agriculture Economics 06 3 Indian Financial system 06
4 Monetary Economics 06 4 International Economics 06
5 Industrial Economics 06 5 Economics of Services 06
Note: Group selected in Semester III will continue in Semester IV

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Faculty of Commerce , University of Mumbai 5 | P a g e ER




















Revised Syllabus and Quest ion Paper Pattern of Courses of





Master of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester I II
No. of
Courses Semester I II Credits
1 Elective Courses (EC)
Group A: A dvanced Accounting, Corporate Accounting and
Financial Management (Any Three out of Five)
1 Advanced Financial Accounting 06
2 Direct Tax 06
3 Advanced Cost Accounting 06
4 Advanced Auditing 06
5 Financial Services 06
Total Credits 18

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Faculty of Commerce , University of Mumbai 6 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

1. Advanced Financial Accounting

Modules at a Glance


SN Modules No. of
Lectures
1 Foreign Currency Conversion (As per Accounting Standard/s
applicable) 15
2 Final Accounts & Statutory Requirements for Banking
Companies 15
3 Accounting & Statutory Requireme nts of ( Insurance Companies 15
4 Accounting & Statutory Requirements of Co -operative Societies 15
Total 60

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Faculty of Commerce , University of Mumbai 7 | P a g e
SN Modules/ Units
1 Foreign Currency Conversion (As per Accounting Standard/s applicable)
Requirements as per Accounting standard/s
Forei gn Branches
2 Final Accounts & Statutory Requirements for Banking Companies
Final Accounts of Banking Companies
Provisioning of Non - Performing Assets
Form & Requirements of Final Accounts
3 Accounting & Statutory Requirements of ( Insurance Companies
 Accounting Provision for insurance Act and InsuranceRegulation and Development
Authorities for
1) Life Insurance Business
2) General Insurance Business
 Forms and Requirements of Final Accounts for
1) Life Insurance Business
2) General Insurance Business
4 Account ing & Statutory Requirements of Co -operative Societies
 Accounting Provision of Maharashtra State Co -operative Societies Act and Rules
 Forms and Requirements of Final Accounts

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Faculty of Commerce , University of Mumbai 8 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

2. Direct Tax

Modules at a Glance


SN Modules No. of
Lectures
1 Definitions and Basis of Charge 15
2 Heads of Income 15
3 Deductions u/s 80 and Exclusions from the Total Income 15
4 Computation of Income and Tax of Individual, Firm and
Company (Excluding MAT) and Provisions f or Filing Return of
Income - Sec 139(1) and Sec 139(5) 15
Total 60

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Faculty of Commerce , University of Mumbai 9 | P a g e
SN Modules/ Units
1 Definitions and Basis of Charge
 Definitions : Person, Assessee, Income
 Basis of Charge: Previous Year, Assessment Year, Residential Status, Scope of Total
Incom e, Deemed Income
2 Heads of Income
 Income from Salary
 Income from House Property
 Profits and Gains from Business and Profession
 Income from Capital Gains
 Income from Other Sources
3 Deductions u/s 80 and Exclusions from the Total Income
 Deductions: 8 0C, 80CCF, 80D, 80DD, 80DDB, 80E, 80U
 Exclusions : Exemptions related to Specific Heads of Income to be Covered with
Relevant Provisions, Agricultural Income, Sums Received from HUF by a Member,
Share of Profit from Firm, Income from Minor Child, Dividend
4 Computation of Income and Tax of Individual, Firm and Company (Excluding MAT)
and Provisions for Filing Return of Income - Sec 139(1) and Sec 139(5)
 Computation of Income & Tax of Individual and Partnership Firm
Note:
1. The Syllabus is restricted to stu dy of particular sections, specifically mentioned
rules and notifications only
2. All modules/units include computational problems/ Case study
3. The Law in force on 1st April immediately preceding the commencement of
Academic year will be applicable for ensuing Examinations

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Faculty of Commerce , University of Mumbai 10 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group A: Adv anced Accounting, Corporate Accounting and
Financial Management

3. Advanced Cost Accounting

Modules at a Glance


SN Modules No. of
Lectures
1 Process Costing 15
2 Cost Allocation and Activity Based Costing Systems 15
3 Responsibility Accounting 15
4 Strategic Cost Management 15
Total 60

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Faculty of Commerce , University of Mumbai 11 | P a g e
SN Modules/ Units
1 Process Costing
A) Introduction - Features of process, Concept of Process Loss, Abnormal Loss,
Normal Loss, Abnormal Gain.
B) Computation of Inter Process Profit – Advantages and Disadvant ages
C) Computation of Equivalent Production – Weighted Average and FIFO.
2 Cost Allocation and Activity Based Costing Systems
A) Cost Allocation – Meaning and its Types, Relationship between resources,
activities, Cost and Cost drivers, Methods of allocati ng central costs - cost
allocation using Direct Method, Step Down Method and Reciprocal Method.
B) Activity Based Costing – Introduction, Advantages, Limitations, Identification of
cost drivers, Practical Problems on Traditional V/s Activity Based Costing
System.
3 Responsibility Accounting
A) Responsibility Accounting – Meaning, Features, Objective, Assumptions,
Problems, Responsibility Centre’s – Cost, Profit, Revenue and Investment.
B) Concept of Controllability – Introduction, Measuring Managerial Perfo rmance
( ROI and Residual Income Approach)
C) Preparation of Managerial Reports using Segmented Costs and Controllable
costs approach.
4 Strategic Cost Management
A) Transfer Pricing – Introduction, Advantages and Disadvantages, Setting
Transfer Pricing – Negotiated transfer pricing, Cost Based transfer pricing.
B) Target Costing – Introduction, Concept, Objectives, Comparison between
Target Costing and Cost Plus Pricing.
C) Inflation Accounting – Meaning, Features, Conversion of Income Statement,
Balance Sheet, Stocks and Net Assets Block using Current Purchasing Power
Method.

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Faculty of Commerce , University of Mumbai 12 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To b e implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

4. Advanced A uditing

Modules at a Glance


SN Modules No. of
Lectures
1 Company audit 15
2 Special Audits 15
3 Audit under oth er laws 15
4 Auditing in Computerised environment 15
Total 60

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Faculty of Commerce , University of Mumbai 13 | P a g e
SN Modules/ Units
Audit of Ledgers
General Considerations
Scrutiny of Ledgers of Assets, Personal, Revenue Accounts
1 Company Audit
 Company Audit - Audit of Shares, Qualification s and Disqualifications of Auditors,
Appointment of auditors, Removal of auditors, Powers and duties of auditors,
Branch audit, Joint audit, Special audit, Reporting requirements under the
Companies Act, 2013.
 Concepts of true and fair and materiality and audit risk in the context of audit of
companies.
 Audit reports; qualifications, notes on accounts, distinction between notes and
qualifications, detailed observations by the statutory auditor to the management
vis-a-vis obligations of reporting to the me mbers
2 Special Audits
 Special points in audit of different types of undertakings, i.e., Educational
institutions, Hotels, Clubs, Hospitals
3 Audit under other Laws
 Cost audit, Environmental Audit, Energy Audit., Audit under different statutes, viz;
income tax, other direct tax laws and indirect taxes
4 Auditing in Computerized Environment
 Audit under computerised environment: Computer auditing; specific problems of
EDP audit, need for review of internal control especially procedure controls and
facility controls; techniques of audit of EDP output; use of computers for internal
and management audit purposes; test packs, computerised audit programmes;
involvement of the auditor at the time of setting up the computer system

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Faculty of Commerce , University of Mumbai 14 | P a g e Revised Syllabus of Cour ses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

5. Financial Services

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to financial services and Merchant Banking 15
2 Venture Capital and Securitisation 15
3 Hire Purchase Finance & Housing Finance 15
4 Stock Broking & Depository Services 15
Total 60

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Faculty of Commerce , University of Mumbai 15 | P a g e
SN Modules/ Units
1 Introduction to Financial Services, Leasing and Hire Purchase
Overview of Financial Services in India, Growth, Structure and Types of financial
services
Merchant Banking
 Merchant Bank ing – Meaning, nature and functions; merchant banking in India,
role in issue management; classification and regulation of merchant bankers by
SEBI
2 Factoring and Credit Rating
Venture Capital: Meaning and Definition of Venture Capital, Characteristics of
Venture Capital, Forms/Types of Venture Capital Assistances, Venture Capital
Process, Modes of Venture Capital Assistance
 Securitisation: Introduction, Definition, Concept, Need, Players Involved in
Securitisation, Securitisation Structure, Instruments of Securitisation, Differentiate
between Pass Through Certificate and Pay Through Securities, Process of
Securitisation
3 Venture Capital and Securitization
 Hire Purchase Finance - meaning, concepts of hire purchase finance, installment
credit and cons umer credit; sources of finance in India Housing Finance – need,
nature of housing finance, fixed and floating rate home loans; sources of housing
finance in India, growth of housing finance in India; Role of National Housing Bank;
concept of mortgage and reverse mortgage; housing loans and mortgage loans,
types of mortgage loans
4 Depository and Depository Core Services
 Stock Broking – meaning, types of stockbrokers, sub -brokers; stock broking in India
e-broking – meaning, Indian experience Depository S ervices – meaning, role of
depositories and their services, Advantages of depository system; Functioning of
depository system; Depositories in India – NSDL & CSDL; Depository participants
(DPs) and their role Custodial services - meaning; obligations and r esponsibilities of
custodians; code of conduct

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Faculty of Commerce , University of Mumbai 16 | P a g e ER




















Revised Syllabus and Quest ion Paper Pattern of Courses of





Mas ter of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester III
No. of
Courses Semester I II Credits
1 Elective Courses (EC)
Group B : Business S tudies (Management)
(Any Three out of Five)
1 Human Resource Management 06
2 Rural Marketing 06
3 Entrepreneurial Management 06
4 Marketing Strategies and practices 06
5 Organizational Behaviour 06
Total Credits 18

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Faculty of Commerce , University of Mumbai 17 | P a g e Revised Syllabus of Courses of
Master o f Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

1. Human Resource Management

Modules at a Glance


SN Modules No. of
Lectures
1 Human Resource Management 15
2 Hum an Resource Development 15
3 Latest Development in H.R.M. and Labour Legislation 15
4 Emerging Issues In H.R.M 15
Total 60

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Faculty of Commerce , University of Mumbai 18 | P a g e
SN Modules/ Units
1 Human Resource Management
 Human Resource Management (HRM). – Concept, Traditional HRM v/s
Strateg ic HRM , Objectives of HRM, Organisation Structure of HRM
Department – Changing Role of H.R. Manager.
 Human Resource Planning - Concept, Factors affecting HRP , Information
Management in HRP – HRIS (Human Resource Information System) , Job
Analysis, Psycho logical and Behavioural Issues in HRP.
 Recruitment and Selection of managerial personnel - Factors affecting
recruitment process, Role of Recruitment agencies, Online process of
selection.
2 Human Resource Development
 Training and Developmen t - Designing of the effective training programme
Evaluation of the effective training programme, Challenges before trainers,
Management Development Programme – Techniques.
 Performance Appraisal - Process, Guidelines for conducting appraisal
Interviews, E thical aspects in performance appraisal.
 Career Advancement and Succession Planning - Self-Development
Mechanism and Knowledge enrichment, Managing Promotion and Transfers,
Managing dismissal, Succession Planning - Problems and Issues, Culture as a
factor in Succession Planning..
3 Latest Development in H.R.M. And Labour Legislation
 Industrial Relation Act – Prominent features and recent changes in Trade
Union Act 2016, Factories Act 1961, Industrial Disputes Act 1950.
 Prominent features and recent changes to Child and Women Labour Act
1986, Social Security Act 2016, Prevention of Sexual harassment Act, 2013.

 Prominent features and recent changes to Employees Acts like payment of
Gratuity Act 2015, Provident Fund Act 1952, Minimum Wages Act 2016 and
Payment of Wages Act 1991, Workmen Compensation Act 2014/ESI Scheme.

4 Emerging Issues In H.R.M
 Health and Safety – Safety measures and safety programmes, Stress and its
Impact on Job Performance, Role of organization in ensuring mental an d
physical health of employees
 Work life balance – Need and Importance, Employee Engagement, Managing
Millennials (Gen Y)
 Talent Management – Concept , Importance, Process, Talent Management
and VUCA Environment(Volatility, Uncertainty, Complexity, Ambiguity), H.R.
Practices at Global level

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Faculty of Commerce , University of Mumbai 19 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be im plemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

2. Rural Marketing

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Rural Marketing 15
2 Consumer Behaviour and Rural Marketing 15
3 Agricultural Marke ting 15
4 Recent Trends in Rural Marketing 15
Total 60

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Faculty of Commerce , University of Mumbai 20 | P a g e
SN Modules/ Units
1 Introduction to Rural Marketing
 Rural Marketing: Concept, Scope, Nature and Evolution of Rural Marketing,
Rural Marketing Strategies -4P’s, Rural Infrastructural Faciliti es –
Warehousing, Cold Storage, Logistics.
 Indian Rural Market: Profile, Rural Vs Urban Market, Importance of Branding,
Scope and Importance of Transportation Networking in rural markets.
 Problems of Rural Consumer : Adulteration, Short Weight and Measure s,
Unfair Warranties and Guarantees, Unreasonable Pricing, Challenges and
Future of Rural Marketing
2 Consumer Behaviour and Rural Marketing
 Consumer Behaviour: Characteristics of Buying Behaviour - Awareness,
Understanding, Consumer Purchase Decision, I mportance of Rural Marketing
Communication, Salesmen Influence.
 Government Schemes: Rural Development Programmes and Schemes of
Government, Entreprenuership Development Programme, Role of Food
Corporation of India (FCI), Role of Khadi and Village Industries Commission (KVIC ).
 Role of Banks in Rural Marketing: Role of Agricultural Cooperative Banks,
Commercial Banking for Rural Marketing
3 Agricultural Marketing
 Agricultural Marketing - Importance, Prospects and Issues, Role of
Cooperatives and Self Help Groups (SHG) in R ural Marketing
 Commodity Boards: Role and Contribution of Commodity Boards in
generating revenue to government and employment in rural India.
 Agricultural Exports: Composition and Contribution of Agricultural Exports in
generating revenue for India - Food G rains, Organic products, Marine
Products, Role of Agricultural & Processed Food Products Export
Development Authority (APEDA)
4 Recent Trends in Rural Marketing
 E- Commerce: Importance of E -Commerce and Impact of E - Marketing on
rural consumers, Concept of Digital Village, Role of Social Media in rural
marketing.
 Information Technology: Impact of IT in Agricultural Marketing, E -Chaupal,
Project Shakti, Web -casting -online training and guidance to farmers.
 Online Marketers : Role of Online Marketers, Growt h and Challenges

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Faculty of Commerce , University of Mumbai 21 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

3. Entrepreneurial Management

Modules at a Glance


SN Modules No. of
Lectures
1 Entrepreneurship Development Perspective 15
2 Creating Entrepreneurial Venture 15
3 Project Management 15
4 Assistance and Incentives for Promotion and Development of
Entrepreneurship 15
Total 60

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Faculty of Commerce , University of Mumbai 22 | P a g e
SN Modules/ Units
1 Entrepreneurship Development Perspective
 Entrepreneurship – Concept, Factors affecting growth of Entrepreneurship,
Types of Entrepreneurs, Requirements of Entrepreneuri al structure.
 Entrepreneurial Culture -Elements of culture, Steps to change Entrepreneurial
culture, Entrepreneurial v/s Administrative culture.
 Theories of Entrepreneurship - Schumpeter Dynamic Entrepreneurship
Innovation Theory, Theory of High Achievement by McClelland, Theory of
Personnel Resourcefulness
2 Creating Entrepreneurial Venture
 Entrepreneurial Environment - Significance, SWOC Analysis, Problems of
Entrepreneurship
 Financial Analysis of Entrepreneurial Venture - Significance, Tools of Financia l
Analysis, Sources of development finance
 Social Entrepreneurship - Features, Importance, Arguments (for and against)
Social Entrepreneurship, Women Entrepreneurs – concept and special
Government schemes for women entrepreneurs in India.
3 Project Managem ent
 Project - Concepts and Classification of Project, Search of Business Idea,
Project Cycle.
 Project formulation -----Steps for project formulation, Project Design and
network analysis – concept and network analysis techniques: PERT/ CPM.
 Project Managem ent – Concept, Phases, Project Identification and Project
Feasibility Analysis.
4 Assistance and Incentives for Promotion and Development of Entrepreneurship
 Incentives – Need, Promotion and development Entrepreneurship -Types of
Assistance and incentive s -Fiscal, Financial, Promotional, Marketing, and
Organisational.
 NPSD - National Policy for Skill Development and Entrepreneurship 2015.
 Institutions in aid of Entrepreneurship Development - The National institute
for Entrepreneurship and small business development, District Industry Centre
(DIC), National Alliance of young Entrepreneurs

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Faculty of Commerce , University of Mumbai 23 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

4. Marketing Strategies and practices

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Marketing Strategies 15
2 Developing Marketi ng Strategies & Plans 15
3 Market Environmental Trends & Building Customer Value 15
4 Recent Trends in Marketing Strategies 15
Total 60

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Faculty of Commerce , University of Mumbai 24 | P a g e
SN Modules/ Units
1 Introduction to Marketing Strategies
 Introduction: Marketing Strategies – Concept, Ev olution, Role/ Importance,
Types, Formulation of Marketing Strategies - Steps
 Marketing Opportunities and Plan: Analysing Marketing Opportunities, Future
of Marketing, Effective Marketing Plan.
 New Marketing Strategies: Holistic, New Brand, Service, Green and Guerrilla
Marketing Strategies
2 Developing Marketing Strategies & Plans
 Marketing Mix: Marketing Strategy Implementation - Steps, Marketing Mix 4
P’s – Importance, Alternative Marketing Mix Prepositions - Profit, People, and
Planet.
 Marketing Plan s: Marketing Planning - Importance, Types and Content,
Strategic Business Unit - Structure, SWOT Analysis.
 Defensive Marketing Strategies: Importance, Types, Offensive V/S Defensive
Marketing Strategies, Position Defense Strategies.
3 Market Environmental Trends & Building Customer Value
 Environmental Analysis: Analysing the Macro Environment, Theories of
Marketing - PESTLE Analysis, VRIO Analysis, Porter’s Competency Model, and
Customer Perceived Value (CPV).
 Customer Value: Applying Customer Value and Sa tisfaction, Customer
Relationship Management (CRM) - Concepts and Techniques
 Customer Loyalty: Importance, Consumer Behaviour – Impact of Personal,
Cultural, Social and Psychological Factors.
4 Recent Trends in Marketing Strategies
 Emerging Strategies: 21st Century Marketing Strategies, Global Marketing
Strategies, and Strategies for Entering Emerging Market .
 E-Marketing: Concept, Pros and Cons, Digital Marketing – Concept and
features, Experiential Marketing – Concept and features, Hospitality
Marketin g Management.
 Social Marketing: Social Marketing - Importance, Barriers, Trends in
Marketing Practices in India and across Globe.

Page 26

Faculty of Commerce , University of Mumbai 25 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Co m) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

5. Organizational Behaviour

Modules at a Glance


SN Modules No. of
Lectures
1 Organisational Setting 15
2 Foundation of Individual Behaviour 15
3 Group Dynamics and Behaviour 15
4 Emerging Challenges 15
Total 60

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Faculty of Commerce , University of Mumbai 26 | P a g e
SN Modules/ Units
1 Organisational Setting
 Introduction to Organisational Behaviour (OB) – Concept, Nature,
Foundation, Disciplines and Scope of OB.
 Evolution of OB –Evolution – Stages, Human Relations Approach – Hawthorne
Experiments, Models of OB.
 Organisation Design – Key factors,Steps in Organisation Structure,
Organisations for future - Types.
2 Foundation of Individual Behaviour
 Factors affecting Individual behaviour - Personal, Psychological, Organisation
System, Environmental.
 Personality& Perception – Nature of personality, Determinants of personality,
Personality Traits., Factors Influencing Perception, Managing perception
Proc ess, Perception and OB
 Attitude – Nature , components , work related attitudes , Barriers to
attitudinal Change, Measures to attitudinal change.
3 Group Dynamics and Behaviour
 Group – Types of groups, Stages of Group Development, Group Decision
making – Advantages and Problems.
 Work place behaviour – Determinants of Group Behaviour, Power and Politics
–Sources of Power, Types of Organisational politics.
 Conflict – Levels of Conflict, Strategies for resolving Conflict, Guidelines for
effective negotiation .
4 Emerging Challenges
 Stress Management – Sources, Effects, Strategies, Stress and Performance.
 Organisation culture – Cultural Dimensions, Creating Organisational Culture,
Maintaining Organisational Culture.
 Workforce Diversity – Concept, Managing D iversity effectively, Ethical
Behaviour in workplace, Managing Ethics at work place.

Page 28

Faculty of Commerce , University of Mumbai 27 | P a g e ER




















Revised Syllabus and Quest ion Paper Pattern of Courses of



Master of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester III
No. of
Courses Semester I II Credits
1 Elective Courses (EC)
Group C: Banking and Finance (Any Three out of Five)
1 Commercial Bank Management 06
2 Financial Markets 06
3 Accounting of Banking Sector 06
4 Treasury Management 06
5 Debt Market 06
Total Credits 18

Page 29

Faculty of Commerce , University of Mumbai 28 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Commercial Bank Management

Modules at a Glance


SN Modules No. of
Lectures
1 Overview of Commercial Banking in India 15
2 Credit Management in Banks 18
3 Human Resource Management in Banks 12
4 Evolving Trends in Modern Banking 15
Total 60

Page 30

Faculty of Commerce , University of Mumbai 29 | P a g e
SN Modules/ Units
1 Overview of Commercial Banking in India
A) Overview of Commercial Ban king in India - Role and Functions of Commercial
Banks, Introduction to Bank Management, Management of Banks in Rural Areas.
B) Customer Relationship Management in Banks - Meaning and objectives of CRM
in banks, Strategies for Expanding Customer Base, Bankin g Ombudsman Scheme
, Customer Retention , Handling Customer Grievances
C) Services to Different Categories of Customers - Retail, Corporate, International,
Rural.
2 Credit Management in Banks
A) Credit Management in Banks – Principles of Sound Bank Lendi ng, Loan Policy,
Compliance with RBI guidelines, Credit Appraisal and Credit Decision Making,
Monitoring and Review of Loan Portfolio, Management of Non -Performing Assets
(NPAs), Classification of NPAs, Debt Restructuring - SARFAESI Act, 2002.
B) Bank’s Invest ment Policy – SLR Requirements & Non -SLR Investments – Nature
and Significance of Investment Management in Commercial Banks, Fundamental
Principles of Security Investment, Management of Security Investment, Reviewing
Investment Portfolio and Organization o f Investment Function in Bank.

3 Human Resource Management in Banks
A) Human Resource Management in Banks – Importance of HRM in Banks, Policies
relating to Human Resource Development in India, Selection, Training, Pay
Structure in Public Sector Banks a nd Private Sector Banks Workers Participation in
Management - Motivations and Morals, Performance Evaluation, Promotion,
Transfer Policy, VRS schemes in Public Sector Banks

4 Evolving Trends in Modern Banking
A) Evolving Trends in Modern Banking – Inter net Banking, Mobile Banking, EFT
services, Outsourcing of Non -core Services, Mergers and Acquisitions in Banking
sector.
B) Financial Inclusion – Need and Importance of Financial Inclusion, Micro Credit
SHGs, RBI Guidelines for Micro Credit. Portfolio Secur itization, SHG -2, NRLM and
SRLM, Priority Sector and its Classification.

Page 31

Faculty of Commerce , University of Mumbai 30 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Financial Markets

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to F inancial system 15
2 Overview of Capital Market 20
3 Overview of Money Market 10
4 Overview of Derivative s Market 15
Total 60

Page 32

Faculty of Commerce , University of Mumbai 31 | P a g e
SN Modules/ Units
1 Introduction to Financial system
A) An overview of Financial System - Structure of Indian financial system, the
nature and role of financial system, Relationship between financial and
economic development Constituents of Financial System – Primary and
Secondary , Development of Financial Markets in India, Components of
financial system.
B) Theories –Prior savings theory, Credit creation theory, Theory of post savings,
Financial regulation theory, Financial liberalization theory.

2 Overview of Capital Market
A) Introduction to Capital Mark et - Structure and Growth of the Indian Capital
Market, Indian Capital Market Forms - Industrial Securities , New Issue markets
and Old Issue markets -Introduction, Features, Types and Government
Securities (Gilt -edged market) - Introduction, Features, and Types
B) Ownership Securities – Equity Shares, Preference Shares, No -par stock, -
Introduction, Features, and Types
C) Creditorship Securities – Debentures -Introduction, Features, and Types

3 Overview of Money Market
A) Money market - Meaning, features, structure of money market, regulatory
framework, - RBI/FIMMDA/FEDAI, Disadvantages of Money market,
characteristics and features of developed money market, Rece nt development
in money markets -DFHI, STCI
B) Money Market Instruments -T Bills, Money at short and call notice,
commercial bills, promissory notes, commercial paper, Certificate of deposits
Commercial -papers, Banker’s Acceptance CBLO, IBPC, MMMF and LAF

4 Overview of Derivatives Market
A) Derivatives Market - Meaning, Importance and Need for Derivatives Market,
Kinds of Financial derivatives and financial derivatives in India.
B) Globalization of Financial Market - Indigenous Bond markets, Foreign
Currency Bon d Markets, Euro market, FDI‐ Inflows‐ Outflows, Emerging Trends
and Challenges in Global Financial Markets and Impact of globalization on
financial markets.

Page 33

Faculty of Commerce , University of Mumbai 32 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Accounting of Banking Sector

Modules at a Glance


SN Modules No. of
Lectures
1 Introductio n of Bank ing Companies 10
2 Accounting system s & Provisions in Banks 15
3 Calculation of Interest and Annuities 15
4 Preparation of Final accounts and Reporting 20
Total 60

Page 34

Faculty of Commerce , University of Mumbai 33 | P a g e
SN Modules/ Units
1 Introduction of Banking Companies
 Definition a nd features of banking companies
 Types of banks
 Different types of accounts maintained by banks
 Bank products & services
 Cash Management Services and its Importance
2 Accounting systems & Provisions in Banking Companies
 Significant Features of Accoun ting Systems of Banking Companies
 Books required to be maintained by banks
 Income recognition, Classification of assets and advances, Provisions, Classification
of investments
 Provisions of Banking Regulation Act - 1949 applicable to banking companies: -
Business, Capital and Reserve, Reserve funds , Dividend, Cash reserves, Loans and
advances, Unclaimed deposits, Accounts and auditing
3 Calculation of Interest and Annuities
 Calculation of Simple Interest & Compound Interest; Calculation of Equated
Monthly
 Instalments; Fixed and Floating Interest Rates; Calculation of Annuities,
 Interest Calculation using Products/Balances; Amortisation of a Debt; Sinking Funds
4 Preparation of Final accounts and Reporting
 Disclosure Requirements of Banks and Additional Disclosures prescribed by RBI
 Disclosures required under BASEL norms.
 Preparation of Financial Statements of Banking Companies as per regulatory
requirements

Page 35

Faculty of Commerce , University of Mumbai 34 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Treasury Management

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to T reasury Management 15
2 Treasury Operations 15
3 Risk Analysis & Control 15
4 Regulatory, Supervising & Compliance Framework 15
Total 60

Page 36

Faculty of Commerce , University of Mumbai 35 | P a g e
SN Modules/ Units
1 Introduction to Treasury Management
 Concept & Evolution of Treasury
[Includin g other important terminology in treasury: - Arbitrage; Bank Rate; Options;
Capital Adequacy; Capital Fund; CRR; CDSL; Clearing House; DP; Hedging; LAF; OMOs;
RTGS; Refinance; SLR; SWIFT; T -Bills; Tier -I & II Capital]
 Objectives & Role of Treasury
 Structur e of Treasury & Functions of Treasurer
 Scope & Functions of Treasury Management
 Internal Treasury Control System
 Role of Information Technology in Treasury Management
[Negotiated Dealing System(NDS); Straight -Through -Processing(STP)]
2 Treasury Operation s
 Liquidity Management
[Objectives -CRR-SLR-RTGS -CCIL]
 Treasury Management in Commercial Banks
[NPA & Capital Adequacy Norms (CRAR); Investment Policy Statement; Back office
support & Accounting]
 FOREX Market Operations
[International Financial System & F OREX Market; Instrument traded; Exchange
Rate mechanism; Indian FOREX market; RBI & Exchange Market]
 Risk Management in Market Operations
[Gilt -edged Markets; Exchange Rate & Currency Risk; Interest Risk Management]
 Impact of Treasury Operations
[Structura l & Statutory changes; Need for Regulation; Development in Markets]
 Practical Problems on FOREX Valuation
[FEDAI Guidelines & Valuation]
3 Risk Analysis & Control
 Interest Rate risk: Investment /Trading Book
 Value at Risk [VaR]
 FOREX (Market ) Risk
 Risk Management in banks [RBI Guidelines]
 Treasury & Asset -Liability Management(ALM)
[Meaning & Objectives of ALM; Market Risk -Liquidity & Interest Risk; Role of
Treasury in ALM; Use of Derivatives in ALM; Policy Environment]
4 Regulatory, Supervising & Com pliance Framework
 Ethics, Morals & Code of Conduct - The Dealing Room [General Principles from
FIMMDA]
 RBI guidelines & Policy
[Organizational set up; Industrial Sickness; NPAs in Scheduled Commercial banks]
 Tax Environment in treasury
[Corporate Taxation ; Need for Tax Planning; Tax changes during 2004 to 2007 & at
Present; Tax on Investments; Tax Compliance]
 MIS for Treasury Operations
[Current Monetary & Credit Policies; Fiscal & Budgetary Policies; Foreign Trade &
Exchange Policies; Financial Market Tre nds; International Developments]
 Global framework in Treasury Operations

Page 37

Faculty of Commerce , University of Mumbai 36 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Debt Market

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Indian Debt Market 10
2 Central Government Securities and State Government
Bonds 15
3 Corpora te Bond Market 15
4 Valuation of bonds 20
Total 60

Page 38

Faculty of Commerce , University of Mumbai 37 | P a g e
SN Modules/ Units
1 Debt Instruments and Indian Debt Markets
A) Indian Debt Markets : A Profile of Products and Participants, Market
Segments, Participants in the Debt Markets, Secondary Market fo r Debt
Instruments
B) Debt Instruments: Instrument Features, Modifying the coupon of the bond,
Modifying the term to maturity of a bond, Modifying the principal repayment
of a bond, Asset backed securities

2 Central Government Securities and State Governmen t Bonds
A) Central Government Securities Bonds -Introduction, Developments Expected,
G-Secs: Trends in Volumes, Tenor and Yields, Primary Issuance Process,
Participants in Government Bond Markets, Constituent SGL Accounts, Primary
Dealers, Satellite Dealers, Secondary Markets for Government Bonds,
Settlement of Trades in G -Secs, Clearing Corporation, Negotiated Dealing
System, Liquidity Adjustment Facility (LAF).
B) Central Government Securities: Treasury Bill Issuance Process, Cut -Off Yields,
Investors in T -Bills, Secondary Market Activity in T -bills.
C) State Government Bonds - Gross Fiscal Deficit of State Governments and its
financing, Volume and Coupon rates on State Government Bonds, Ownership
Pattern of State Government Bonds, and State Government Guaranteed
Bonds.
3 Corporate Bond Market
A) Corporate Bonds - Market Segments, Issue Process, Issue Management and
Book Building, Terms of a debenture issue, Credit Rating.
B) Bond Market Indices and Benchmarks I-Bex : Sovereign Bond Index, NSE –
MIBOR

4 Valuation of Bonds
A) Valuation of Bonds - Bond Valuation: First principles, Time path of a bond,
Valuing a bond at any point on the time scale, Accrued Interest, Yield,
Weighted Yield, YTM of a Portfolio, Realised Yield, Yield –Price relationships of
bonds
B) Yield Curve and Term Structure of Interest Rate - Yield Curve: The Simple
Approach, Bootstrapping, Alternate Methodologies to Estimate the Yield
Curve, Theories of the Term Structure of Interest Rates
C) Duration - Introduction and Definition, Calculating Duration of a C oupon
Paying Bond, Computing duration on dates other than coupon dates, Modified
Duration, Rupee Duration, Price Value of a Basis Point, Portfolio Duration,
Limitations of Duration

Page 39

Faculty of Commerce , University of Mumbai 38 | P a g e ER




















Revised Syllabus and Quest ion Paper Pattern of Courses of





Master of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semest er System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester III
No. of
Courses Semester I II Credits
1 Elective Courses (EC)
Group D: E-Commerce (Any Three out of Five)
1 Database Management System 06
2 Internet & Web -Designing (skill based) 06
3 Network Infrastructure and Payment
System 06
4 Logistic & supply chain Management in E -
Commerce 06
5 Business Models in E -Commerce & ICT
Applications 06
Total Credits 18

Page 40

Faculty of Commerce , University of Mumbai 39 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group D : E-Commerce

1. Database Management System

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Database Management System (DBMS) 15
2 Relational Database Design 15
3 Transaction Management and Recovery System 15
4 SQL Concept 15
Total 60

Page 41

Faculty of Commerce , University of Mumbai 40 | P a g e
SN Modules/ Units
1 Introduction to Database Management System (DBMS)
 Concept of Database, Database Management System: Concept,features,
Importance and Evolution
 Environment, Classifications, Advantages and Issues of using DBMS, Functional
component
 Three L evel of Architecture, Implications of the Database Approach , Database
Languages and Interfaces, The Database System Environment
2 Relational Database Design
 Codd’s rule, Entity relationship model, Entity Types, Attributes, Keys ,
 Roles and Structu ral Constraints, Constraints on Relationship Types, Basic
Relational Algebra Operations • Additional Relational Operations
 Roles and functional Dependencies, Normalization , Mappi ng the ER model to
Relational DB
3 Transaction Management and Recovery System
 Transaction Management: Transaction Concept, Transaction State, Implementation
of Atomicity and Durability, Implementation of Isolation - Testing for serializability.
 Recover y System: Failure Classification, Storage Structure, Recovery and Atomicity
- Log - Based Recovery - Recovery with Concurrent Transactions
 Buffer Management - Failure with loss of non -volatile storage, Advance Recovery
systems, Remote Backup systems.
4 SQL Concept
 Basics of SQL: Form of Basic SQL Query - Examples of Basic SQL Queries, Multi table
Queries,
 Introduction to Nested Queries, Correlated Nested Queries
 NULL values - Comparison using Null values - Disallowing NULL values, Complex
Integrity Cons traints in SQL Triggers and Active Data bases.

Page 42

Faculty of Commerce , University of Mumbai 41 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academ ic Year - 2017 -2018)

Group D : E-Commerce

2. Internet & Web -Designing (skill based)

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Internet 15
2 Internet Security Management 15
3 Web designing 15
4 New trends 15
Total 60

Page 43

Faculty of Commerce , University of Mumbai 42 | P a g e
SN Modules/ Units
1 Introduction to Internet
 Concept, Evolution of internet, Significance, Limitations, Types of Network
 Internet Network Services and functions of internet, current trends on internet,
 Internet Technology and Protocol, Internet Connecti vity, TCP/IP, Router, Internet
Addressing Scheme
2 Internet Security Management
 Management Concepts and Information Privacy and Copyright Issues, Network
etiquettes
 Overview of Internet Security, Firewalls, Internet Security, basics of asymmetric
crypto systems.
 Governance on internet, impact of internet on society, Internet Applications,
3 Web designing
 WWW - Concept, Web technology, Functioning of websites, Creating a Basic Web Page,
Web Page Layout Techniques,
 Type of websites, Hypertext Markup Lan guage (HTML) -Essential HTML for content,
Cascading Style Sheets (CSS) -Selector Type, Common Properties,
PhotoshopElements and Principles of Design
 Interactivity tools, Difference between web designer and web developers, web
graphics
4 New trends
 Multime dia and Graphics, JavaScript, Adobe Dreamweaver, Facebook Page
Designing, You Tube Videos
 Utilities: Gif Animation, On -Page Search Engine Optimization, Google Webmasters
Tools, Mobile website development
 Email Network and server, Email Protocol,

Page 44

Faculty of Commerce , University of Mumbai 43 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group D: E-Commerce

3. Network In frastructure and Payment System

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Network infrastructure for e -commerce 15
2 Internet Protocol, Security and Protection 15
3 E-payment System 15
4 Security Protocol, Threats and Measures 15
Total 60

Page 45

Faculty of Commerce , University of Mumbai 44 | P a g e
SN Modules/ Units
1 Introduction to Network infrastructure for E -Commerce
 Requirements for Network infrastructure for e -commerce, Market forces
influencing I -way, Component of I -way, Global Information distribution Network,
 Network Access equipment, Strategic Alliances and I -Way Infrastructure, Public
policy issues shaping I -way
 Telephone based infrastructure, Cable/ TV based infrastructure, Wireless
infrastructure, Commercial online infrastructure, Narrow band V/S Broad band
Netwo rk,
2 Internet Protocol, Security and Protection
 TCP/IP Internet protocol for Network Infrastructure, Wireless Access Protocol
(WAP), Mobile Network Infrastructure
 Internet, Intranet and extranet as E -commerce infrastructure, Network
Infrastructure Sec urity - External and Internal Attack
 Integrated Services Digital Network (ISDN), Protecting Network infrastructure -
Steps in hacking Network Infrastructure, A new model to protect Network
infrastructure
3 E-payment System
 E-Payment System - Concept, Onli ne Payment System – prepaid e -payment service,
postpaid e -payment system;, Advantages and Limitations of Payment System, Role
of E-payments,
 Classification of Payment System, Scope of Payment system, Payment meditation
services V/S Payment system
 Payment processing Network, Payment Processing Settlement, Payment Gateway
4 Security Protocol, Threats and Measures
 Security Protocol, Digital certificates, Security threats in E -com environment, Credit
& legal risk of e -payment system.
 Credit Card based Paym ent System, Electronic Payment security - Encryption,
Digital signatures, Digital Certificate, Public Key Infrastructure (PKI)
 Secure Socket Layer (SSL), 3D SET and Secure, Case studies in E - payment system.

Page 46

Faculty of Commerce , University of Mumbai 45 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group D: E -Commerce

4. Logistic & supply chain Management in
E-Commer ce

Modules at a Glance


SN Modules No. of
Lectures
1 Logistic in E -Commerce 15
2 Warehouse and E -logistics 15
3 Introduction to Supply Chain Management (SCM) 15
4 Logistics/Supply Chain Management in the Global Environment - 15
Total 60

Page 47

Faculty of Commerce , University of Mumbai 46 | P a g e
SN Modules/ Units
1 Logistic in E -Commerce
 Logistic in E -commerce – Features, Significance, Evolution, E -Commerce logistics in
developed market,
 ICT infrastructure for future logistics, E - logistics for transport modes and nodes,
Airfreight, Rail -freight, Road -freight, Sheep -Freight
 Automating E -logistics - B2C E -commerce fulfillment, E -fulfillment dimension,
Inventory Management
2 Warehouse and E -logistics
 Warehouse Management System (WMS) - Functions, Connectivity of WMS solution
into ERP, Warehousing c hallenges of e -commerce,
 Radio Frequency Identification (RFID) - Cost and benefits, RFID to enhance data
capture processes in warehouse environment
 GS1 keys used in logistics and E -procurement, The Global Data Synchronization
Network (GDSN), Electronic Pro duct Code Information System (EPCIS)
3 Introduction to Supply Chain Management (SCM)
 SCM - Concept, Significance, IT applications, Evolution of global SCM
 Value Chain Management - Concepts and features, Challenges, Sustainability
 E-Supply Chain planning(C omponent); E -Supply chain fusion; Channel Management
and Channel Integration
4 Logistics/Supply Chain Management in the Global Environment -
 Managing the Global Supply Chain, Impact of Globalization on Logistics and Supply
Chain Management,
 Global Logis tics Trends, Global Issues and Challenges in Logistics and Supply Chain
Management.
 New trends in logistics and SCM - Technology in SCM, Artificial intelligence, Single
window system for Global SCM

Page 48

Faculty of Commerce , University of Mumbai 47 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I II
(To be implemented from Academic Year - 2017 -2018)

Group D: E -Commerce

5. Business Models in E -Commerce & ICT
Applications

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to E -enterprise and Business Models 15
2 E-commerce Business Models 15
3 Introduction to Information Communication Technology(ICT) 15
4 Vital ICT Applications 15
Total 60

Page 49

Faculty of Commerce , University of Mumbai 48 | P a g e
SN Modules/ Units
1 Introduction to E -enterprise and Business Models
 E-Commerce and E -enterprise - Concepts, Features, types of Business models,
Difference between E -commerce and E -business,
 Eight key elements of a business model, E -tailing Business Models, Primary
reven ue Models in e - commerce.
 e-Commerce Process Models: E -business Models Based on the Relationship of
Transaction Parties, e -commerce Sales Life Cycle (ESLC) Model, selection of E -
commerce business model
2 E-commerce Business Models
 E-commerce Business M odels: Business models in emerging E -commerce areas,
Business to Consumer (B2C) - Characteristics, Process.
 Business to Business (B2B) - Characteristics, Importance, Alternative models of B2B,
Features of C2C and C2B
 Marketing and Business strategies: B 2C and B2B E -commerce, Role of Websites in
B2C
3 Introduction to Information Communication Technology(ICT)
 Evolution of computers – Features and design – Managing Hardware, Software,
Computer Languages . Operating Systems – DOS
 Information Communicati on Technology(ICT) - Concept, Importance, Components,
Use of ICT in E -commerce,
 Role of ICT in driving E -commerce business, ICT and E -commerce relationship, ICT
Infrastructure and E -commerce
4 Vital ICT Applications
 E-Governance: Models – G2G, G2B, G2C , Benefits and risks of E -Governance, ICT in
manufacturing – overview of CAD in conjunction with CAM,
 E-environment - Geographical Information System (GIS) weather forecasting, E -
education - statistical packages (SPSS), Computer aided learning/e -learning i n
schools and over the Internet.
 E-health –Stress, Repetitive Strain Injury (RSI), Eyestrain, Extremely Low Frequency
(ELF) radiation. Computers, health and the law.

Page 50

Faculty of Commerce , University of Mumbai 49 | P a g e






Master of Commerce (M.Com) Programme
Under Choi ce Based Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester IV
No. of
Courses Semester IV Credits
1 Elective Courses (EC)
Group A: Advanced Accounting, Corporate Accounting and
Financial Management (Any T hree out of Five )
1 Corporate Financial Accounting 06
2 Indirect Tax - Introduction of Goods and
Service Tax 06
3 Financial Management 06
4 International Financial Reporting
Standards 06
5 Personal Financial Planning 06
Total Credits 18

Page 51

Faculty of Commerce , University of Mumbai 50 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

1. Corporate Financial Accounting

Modules at a Glance


SN Modules No. of
Lectures
1 Corporate Financial Reporting 15
2 International Financial Reporting Standards (IFRS) & Ind - AS 15
3 Valuation of Business for Amalgamation & Merger 15
4 Consolidated Financial Statement 15
Total 60

Page 52

Faculty of Commerce , University of Mumbai 51 | P a g e
SN Modules/ Units
1 Corporate Financial Reporting
 Introduction of Financial Reporting
 Need for reporting
 Contents of Financial Report
 Recent trends in Financial reporting
2 International Financial Repo rting Standards (IFRS) & Ind - AS
 Accounting Standards (AS) – applicability, interpretation, scope and compliance in
India
 Introduction to I.F.R.S
 Ind – AS
 Specific Ind AS:
Borrowing Costs
Operating Segments
Earning per share
Income Taxes
Accounting for fixed assets
3 Valuation of Business for Amalgamation & Merger
Meaning, Need & Approach
Methods of valuation
4 Consolidated Financial Statement
Meaning, Stand Alone Financial Statements
Consolidated Financi al statements – Applicability, Advantages & Disadvantages
Procedure of consolidation of Balance -sheet & Profit & Loss Account (Excluding cross
holding, Chain Holding & Foreign Subsidiary)

Page 53

Faculty of Commerce , University of Mumbai 52 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

2. Indirec t Tax - Introduction of Goods and
Service Tax

Modules at a Glance


SN Modules No. of
Lectures
1 Overview of Goods and Service Tax 15
2 Registration under GST 15
3 Collection of Tax under Integrated Goods and Services Tax Act,
2017 10
4 Place of supply of goods or services or both under Integrated
Goods and Services Tax Act, 2017 10
5 Payment of GST 10
Total 60

Page 54

Faculty of Commerce , University of Mumbai 53 | P a g e
SN Modules/ Units
1 Overview of Goods and Service Tax
Introduction and Meaning of GST and IGST
Scope of GST
Present/old Tax Structu re v/s GST
GST in Other Countries
Existing taxes proposed to be subsumed under GST
Principles adopted for subsuming the taxes
Dual GST
Benefits of GST
GST Council
GST Network (GSTN) and GST regime
Integrated Goods and Services Tax Act, 2017: title and d efinitions, administration.
2 Registration U nder GST
Rules and Procedure of registration
Special provisions relating to casual taxable person and non -resident taxable person
Amendment of registration
Cancellation of registration
Revocation of cancel lation of registration
3 Collection of Tax under Integrated Goods and Services Tax Act, 2017
Sec 5 and Sec 6
4 Place of supply of goods or services or both under Integrated Goods and Services
Tax Act, 2017
Sec 10 and Sec 12
5 Payment of GST
 Introd uction
 Time of GST Payment
 How to make payment
 Challan Generation & CPIN
 TDS & TCS

Note: Relevant Law/Statute/Rules in force and relevant Standards in force on 1st April immediately
preceding commencement of Academic Year is applicable for ensuring exami nation after
relevant year

Page 55

Faculty of Commerce , University of Mumbai 54 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

3. Financial Management

Modules at a Glance


SN Modules No. of
Lectures
1 Types of Financing 12
2 Investment Decisions : Capital Budgeting 12
3 Management of Working Capital 12
4 Financial Planning 12
5 Financial Policy and Corporate Strategy 12
Total 60

Page 56

Faculty of Commerce , University of Mumbai 55 | P a g e
SN Modules/ Units
1 Types of Financing
Introduction
Needs of Finance and Sources: Long Term, Medium Term, Short Term
Long Term Sources of Finance
Owners Capital / Equi ty Capital
Preference share capital
Retained Earning
Debentures or Bonds
Loans from Financial Institutions / Banks
Short Term Sources of Finance
Trade Credit
Accrued Expenses and Deferred Income
Advances From Customers
Commercial Papers
Bank Advances:Loans , O/D, Clean O/Ds, Cash Credit, Advances against goods,
Bills Purchased, Discounted, Advances against documents of title of goods,
Advances against supply of bills, Term Loans
Inter Corporate Deposits
Certificate of Deposits
Public Deposits
2 Investment D ecisions : Capital Budgeting
 Introduction
 Nature of Capital Budgeting
 Purpose of Capital Budgeting
 Capital Budgeting Process
 Types of Capital Investment
 Decisions Project Cash Flows and Net profit Approval
 Basic Principle of Measuring Project Cash F lows
 Increment principle, Long Term Funds Principle, Exclusion of Financial Cost
Principle, Post Tax Principle
 Probability technique for measurement of cash flow
 Capital Budgeting Techniques : Net Return Value; Internal Rate of Return;
Profitability Inde x Methods
 A Comparison; Project Selection Under Capital Rationing
 (Note: Problems on computation of cash flow, ranking of projects on various
techniques, selection and analysis with / without capital rationing. Comparison of
IRR with Required rate of retur n i.e. cut off rate, IRR and mutually exclusive
projects with unequal lives, multiple IRR)

Page 57

Faculty of Commerce , University of Mumbai 56 | P a g e
SN Modules/ Units
3 Management of Working Capital
Meanings, Concepts and policies of working capital
Management of working capital
Issues in working capital
Estimating working capital needs (only Theory)
Operating or working capital cycle (only Theory)
Management of components of working capital
 Management of Cash and Marketable Securities : Motives for Holding Cash; Objectives of
Cash Management; Factors Determ ining Cash Needs; Basic Strategies of Cash
Management; Cash Management Techniques / Processes; Marketable Securities; and
Cash Management Practices in India.
 Receivable Management : Objectives; Credit Policies; Credit Terms; and Collection
Policies.
 Invent ory Management : Objectives; and Techniques.
4 Financial Planning
 Introduction
 Meaning of Budget
 Essentials of a budget,
 Types of Budgets
 Advantages of Budgeting
 Zero Based Budget
 (Note: Practical Questions on Sales Budget, Production Budget, Materia l Budget,
Cash Budget and Master Budget)
5 Financial Policy and Corporate Strategy
 Meaning of strategic financial management
 Strategic financial decision making framework
 Functions of Strategic Financial Management
 Financial Planning

Page 58

Faculty of Commerce , University of Mumbai 57 | P a g e Revised Syl labus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corpor ate Accounting and
Financial Management

4. International Financial Reporting Standards

Modules at a Glance


SN Modules No. of
Lectures
1 Conceptual Foundations of Financial Statements 15
2 Presentation of financial statements 15
3 Indian Accounting S tandards for Assets, Liabilities and Revenue 15
4 Presentation of Single Entity Financial Statements Covered by
IFRS Convergence 15
Total 60

Page 59

Faculty of Commerce , University of Mumbai 58 | P a g e
SN Modules/ Units
1 Conceptual Foundations of Financial Statements
 The objective of financial reporti ng;
 The main assumptions;
 Qualitative characteristics of financial reporting;
 Elements of Financial Statements: recognition and measurement
2 Presentation of financial statements
Presentation of financial statements
Accounting standards: Role/objectives of accounting standards, Development of
accounting standards in India - Requirements of international accounting standards -
International organizations engaged in accounting harmonization - IASB - FASB - Role
of IASB in developing IFRS
IFRS : - Introduct ion, scope
Indian Accounting standards (Ind AS) :
Introduction
Road map
Comparison of Ind AS, IFRS and AS
Conceptual framework
Definition of financial elements
Principles of recognition, measurements, presentation and disclosure.
( Theory and Practical )
3 Indian Accounting Standards for Assets, Liabilities and Revenue
Valuation of Inventories
Cash flow statement
Accounting for tangible non -current assets
Accounting for intangible assets
Accounting for impairment of assets
Accounting for borrowing co sts
Investment property
Revenue from contracts with customers
Income tax
Employee benefits
Provisions, contingent liabilities and contingent assets
( Theory and Practical )
4 Presentation of Single Entity Financial Statements Covered by IFRS Conver gence
Ind AS 1): Accounting policies, accounting estimates (IAS 8 and Ind AS 8) - Events after
reporting date (IAS 10 and Ind AS 10) - Structure and contents of financial statements
- Preparation of financial statements: Statement of Financial Position ( SOFP) -
Statement of Profit or Loss (SOPL) - Statement of Changes in Equity (SOCE) - Cash
Flow Statement (SOCF) (IAS 7 and Ind AS 7).
 ( Theory and Practical )

Page 60

Faculty of Commerce , University of Mumbai 59 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group A: Advanced Accounting, Corporate Accounting and
Financial Management

5. Personal Financial Planning

Modules at a Glance


SN Modules No. of
Lectures
1 Understanding Personal Finance 15
2 Risk Analysis & Insurance Planning 15
3 Retirement Planning & Employees Benefits 15
4 Investment Planning 15
Total 60

Page 61

Faculty of Commerce , University of Mumbai 60 | P a g e
SN Modules/ Units
1 Understanding Personal Fi nance
Introduction
 Time value of money applications
 Personal financial statements, Cash flow and debt management, tools and
budgets
Money Management
 Tax planning
 Managing Checking and Savings Accounts
 Maintaining Good Credit
 Credit Cards and Consu mer Loans
 Vehicle and Other Major Purchases
 Obtaining Affordable Housing
Income and Asset Protection
 Managing Property and Liability Risk
 Managing Health Expenses
2 Risk Analysis & Insurance Planning
Risk management and insurance decision in p ersonal financial
planning, Various Insurance Policies and Strategies for General
Insurance, Life Insurance, Motor Insurance, Medical Insurance.
3 Retirement Planning & Employees Benefits
Retirement need analysis techniques, Development of retireme nt plan, Various
retirement schemes such as Employees Provident Fund (EPF), Public Provident
Fund (PPF), Superannuation Fund, Gratuity, Other Pension Plan and Post - retirement
counselling.
4 Investment Planning
Risk Return Analysis
Investing i n Stocks and Bonds ,Mutual Fund, Derivatives, Investing in Real Estate,
Asset Allocation,
Investment strategies and Portfolio construction and management.

Page 62

Faculty of Commerce , University of Mumbai 61 | P a g e





Master of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester IV
No. of
Courses Semester IV Credits
1 Elective Courses (EC)
Group B: Business Studies (Management)
(Any Three out of Five)
1 Supply chain management and logistics 06
2 Advertising and sales Management 06
3 Retail Management 06
4 Tourism Management 06
5 Management of Business Relations 06
Total Credits 18

Page 63

Faculty of Commerce , University of Mumbai 62 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group B : Business Studies (Management)

1. Supply chain management and logistics

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Supply Chain Management 15
2 Perspectives of SCM 15
3 Introduction to Logistics 15
4 Design of SCM, Logistics and Use of Internet 15
Total 60

Page 64

Faculty of Commerce , University of Mumbai 63 | P a g e
SN Modules/ Units
1 Introduction to Supply Chain Management (SCM)
 Supply Chain Management: Concept, Features, Evolution, Importance,
Process and Barriers of Supply Chain Management.
 Principles and Strategies: Principles, Supply Chain Strategies – Organizations,
Coordination, Innovation and Forecasting.
 Participants in SCM : Supply chain intermediaries - Concept and Types,
Channels of Distribution for Industrial Goods and Consumer Goods, Channel of
Distribution at Services Level, Factors for selection of suitable channels.
2 Perspectives of Supply Chain Management
 Global p erspectives: Measuring and analyzing the value and efficiency of
global Supply Chain Networks, Global market forces, Types of global supply
chain.
 Indian Perspectives: Measuring and Analyzing the value and efficiency of
domestic Supply Chain Networks, Ec onomic effects of supply chains.
 Customer Perspectives: Customer values, Role of customers and Ways of
improving customer services in SCM.
3 Introduction to Logistics
 Logistics Management : Concept and Process, Competitive Advantages and
Three C’s, Chan ging Logistics Environment, Reverse Logistics, Importance
ofInventory Control , Bull-whip effect
 Transportation and Warehousing: Transport Functions and Participants in
Transportation Decisions, Transport Infrastructure - Forms, Warehouse
Functions and Opera tions
 Packaging and Materials Management - Consumer and Industrial Goods
Packaging - Importance, Factors influencing Materials Planning, Preservation
Safety and Measures of Materials Handling
4 Design of SCM, Logistics and Use of Internet
 SCM Plan - Dem and Planning, Source of Procurement, Production or Assembly
Steps, Sales return of defective or excess goods
 Use of Internet in SCM - E-market places, E -procurement, E -logistics, E -
fulfilment,
 Operative Systems in SCM : Enterprise Resource Planning (ERP), Performance
Modelling of supply chains using Markov chains, Inventory Control -
Importance, Pareto’s Law

Page 65

Faculty of Commerce , University of Mumbai 64 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester IV
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

2. Advertising and sales Management

Modules at a Glance


SN Modules No. of
Lectures
1 Advertising Fundamentals and Media 15
2 Creat ivity, Social and Regulatory Framework of Advertising 15
3 Sales Management 15
4 Sales Planning and Controlling 15
Total 60

Page 66

Faculty of Commerce , University of Mumbai 65 | P a g e
SN Modules/ Units
1 Advertising Fundamentals and Media
 Basics of Adve rtising : Concept and Features, Significance, Classification of
Advertising, Integrated Marketing Communication (IMC) - Elements,
Behavioural Model (E.K. Strong AIDA), DAGMAR Model (Russell Colley),
Heirarchy of Effects (Lavidge and Steiners)
 Ad Agency : Various Functional Department, Types, Measures for gaining and
reasons for loosing clients, Evaluation Criteria for Selecting an Advertising
Agency,
 Media : New Media Options, Forms of Digital Media, Media Objectives,
Criteria for Selecting Suitable Med ia, Methods of Setting Advertising Budget
2 Creativity, Social and Regulatory Framework of Advertising
 Creativity &Research: Developing advertising copy - print, broadcast and
digital media, Pre -test and post -test methods.
 Society: Socio -economic contribution and criticisms of advertising,
professional courses and careers in the field of advertising
 Regulatory framework of advertising : Legal Framework of Advertising, Role of
Information and Broadcasting Ministry (IBM), Self -Regulatory Bodie s –
Advertising Standards Council of India(ASCI) and Indian Broadcasting
Foundation(IBF)
3 Sales Management
 Introduction : Sales Management - Features, Functions and Importance, Art
of Selling – Types, Process, Qualities of an Effective Salesman.
 Sales force management : Selection Procedure, Training Methods,
Motivational Factors and Compensation methods of sales personnel
 Sales organistion : Concept, Objectives, Str ucture and Steps in Developing a
Sales Organisation
4 Sales Planning and Controlling
 Sales planning : Concept, Process, Sales Forecasting - Methods and
Limitations
 Sales controlling : Co ncept of Sales Budget and Sales Audit, Sales Quota -
Methods and Types, Objectives and Factors Determining and Designing Sales
Territory
 Recent trends - Importance of Customer Feedback, Sales Management - Data
Mining, Role of IT

Page 67

Faculty of Commerce , University of Mumbai 66 | P a g e Revised Syllabus of Cou rses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

3. Retail Manag ement

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Retail Management 15
2 Retail Management Strategy 15
3 Retail Location, Layoutand Merchandising 15
4 Use of Technology and Career options 15
Total 60

Page 68

Faculty of Commerce , University of Mumbai 67 | P a g e
SN Modules/ Units
1 Introduction to Retail Management
 Retailing: Concept, Scope and Importance of Retailing and Retail
Management, Retail Formats, Theories of Retail change, Retail Environment -
Economic, Legal, Technological & Competitive
 Retail sector in India: Size, a nd Drives of Retail changes, FDI in Retailing in
Indian Context
 Recent Trends in Retailing: Modern Retail Formats, Mall System, Challenges
Faced by the Retail Sector, Ethics in Retailing.
2 Retail Management Strategy
 Retail Strategies: Promotional Strat egies, Retail Planning Process, Retail -
Market Segmentation - Concept and Significance
 Relationship Marketing Strategies: CRM in Retailing, Retail Value Chain, Retail
life Cycle, HRM in retailing - Growing importance of HR and Challenges faced
by HR in reta iling
 Consumer Strategies: Consumer Behaviour in Retail Context, Buying Decision
Process, Customer Service as a Part of Retail Strategy.
3 Retail Location, Layoutand Merchandising
 Retail Location& Merchandising: Importance, Types, Steps involved in
choosing a Retail Location.
 Merchandising: Concept and Merchandising Planning Process, Retail
Branding, Merchandising Buying, Visual Merchandising
 Store Design and Layout: Store Design - Elements, Store Layout - Importance,
Steps for Designing
4 Use o f Technology and Career options
 Technologies: Use of Technologies in retailing - Electronic Data Interchange
(EDI), Radio Frequency Identification (RFI), Data Base Management system
 E-Retailing: Formats, Challenges, Green Retailing - Concept and Impor tance
 Retail as a Career: Various Career Options, Responsibilities of Store Manager ,
Functions of Merchandising Manager

Page 69

Faculty of Commerce , University of Mumbai 68 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

4. Tourism Management

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Tourism Management 15
2 Tourism Marketing 15
3 Tourism Practices 15
4 Tourism Development 15
Total 60

Page 70

Faculty of Commerce , University of Mumbai 69 | P a g e
SN Modules/ Units
1 Introduction to Tourism Management
 Tourism – Concept, Characteristics Importance and Types of Tourism
 Tourism Industry: Concept, Nature, Structu re and Components, Career options in
Tourism.
 Tourism Destination : Concept, Elements, Tourism Destination Planning – Process
and Importance.
2 Tourism Marketing
 Tourism Product : Concept, Characteristics, Types, Tourism Product Planning - Need
and Impo rtance.
 Tourism Pricing: Influencing factors, Pricing objectives, Tourism Pricing Policies
 Tourism Promotion: Importance, Elements of Tourism Promotion, Role of
Advertising, Promotional Plan – Implementation Procedure
3 Tourism Practices
 Travel Intermediaries: Travel Agency and Tour operators – Definition and
Differentiation, Types, Importance and Functions.
 Setting up of Travel Agency and Tour Operations and their Approval: Business
setting Procedure and process, Types of organization to be set up - Proprietorship,
Partnership, Franchise, Approval from Ministry of Tourism and IATA
 International Tourism: Concept, Importance, Role of Institutions and organizations
in promoting International Tourism -WTTC , IATO, TAAI, ITDC.
4 Tourism Deve lopment
 Sustainable Tourism Development: Concept, Principles, Approaches to Sustainable
Tourism, Code of Conduct for safe and sustainable Tourism in India
 Government Policies: National Action Plan, National Tourism Policy, Government
incentives for Tou rism Development and Promotion.
 Future Growth and Development of Indian Tourism - Factors influencing growth of
Tourism Industry in India, Major Tourism schemes of Government of India - Visa on
Arrival (VoA), PRASAD Scheme, HRIDAY Scheme, Travel Circuits ; Incredible India
Campaign.

Page 71

Faculty of Commerce , University of Mumbai 70 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group B: Business Studies (Management)

5. Management of Business Relations

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Management of Business Relations 15
2 Customer and Channel Relationship Management 15
3 Employee Rela tionship Management 15
4 Supplier, Investors and Community Relationship Management 15
Total 60

Page 72

Faculty of Commerce , University of Mumbai 71 | P a g e
SN Modules/ Units
1 Introduction to Management of Business Relations
 Business Relations - Need , Importance of Business relations, Business
Relati onship Management (BRM) Competencies.
 Business Relation Manager - Role, qualities, Skills.
 Business Relations - Principles, Steps , Trends, Impact of Communication on
Business Relations.
2 Customer and Channel Relationship Management
 Customer Relations Ma nagement : Concept, Characteristics of an empowered
customer, Approaches &Types, Role of Customer Relations Manager.
 Designing and developing customer Value - Turning customers to loyal clients,
Strategic Framework for CRM, E -CRM: Concept and Benefits, Step s,
Successful CRM implementation.
 Channel Relationship - Concept, importance , Challenges, Elements
contributing to effective channel relationships.
3 Employee Relationship Management
 Employee Relationship Management - Concept, Objectives of Employee
Relations , Approaches to Employee Relations,
 Role of Employee Relations Manager , Prospects & Importance of Industrial
Relations, Problems & Challenges of Employee Relations, Key Drivers for
shifting from Industrial Relations to Employee Relations,
 Strategic Framework for ERM ,Factors influencing ERM, Essentials of an
effective ERM, ERM strategy.
4 Supplier, Investors and Community Relationship Management
 Supplier Relations – Concept, Supplier Segmentation Pyramid, Supplier
Improvement Process for be tter relations, Challenges.
 Investors Relations –Concept, Focus, Keys to successful investors relations,
Enhancing shareholders loyalty and retention.
 Stakeholder relations - Types of stakeholders, Role of business in social
development, strategies to impro ve community relations, impact of
community relations on business.

Page 73

Faculty of Commerce , University of Mumbai 72 | P a g e





Master of Commerce (M.Com) Programme
Under Choice Based Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year - 2017 -2018 )

Semester IV
No. of
Courses Semester IV Credits
1 Elective Courses (EC)
Group C : Banking and Finance (Any Three out of Five)
1 International Finance 06
2 Financial Services 06
3 Auditing of Banking Sector 06
4 Investment Management 06
5 Currency Derivatives 06
Total Credits 18

Page 74

Faculty of Commerce , University of Mumbai 73 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

International Finance

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to International Finance 15
2 International Monetary System and Foreign Exchange Market 15
3 Currency Futures and Options 15
4 Global Financial Market 15
Total 60

Page 75

Faculty of Commerce , University of Mumbai 74 | P a g e
SN Modules/ Units
1 Introduction to International Finance
A) Introduction to International Finance – Meaning, Scope of International
Financial Management, Factors contributing to growth in International Finance –
Recent Changes in Global Financial Markets.
B) Balance Of Payments – Meaning, Components, Factors - Deficit and Surplus in
BOP , Capital Account Convertibility and Current Account

2 International Monetary System and Fore ign Exchange Market
A) International Monetary System – Introduction to Exchange rate regime, The
International Monetary Fund - Objectives and Funding Facilities, International
Liquidity and Special Drawing Rights and Introduction to The European
Monetary S ystem
B) Foreign Exchange Market - Major Participants in Spot market and Forward
market, Exchange Rate Quotation, Determination of exchange rates in spot
and forward market, Factors influencing exchange rates, Types of Foreign
Exchange Rates and Interest rat e

3 Currency Futures and Options
A) Currency Futures - Futures Contracts, Features, Trading Process - Hedging in
currency futures market, and Speculation in currency futures market,
Determination of Futures prices, Forward prices and expected spot prices o n
delivery.
B) Currency Options: Features, Terminology, Types of options, options pricing,
hedging with currency options and Speculation with currency options.

4 Global Financial Market
A) International Instruments – Introduction, Gains from International M arket
International Equities and Bonds Market, Short term and Medium term
Instruments and Types of risks and tools.
B) Multilateral Development Banks - The World Bank, International Finance
Corporation, Asian Development Bank – Introduction, Characteristics and
Functions.

Page 76

Faculty of Commerce , University of Mumbai 75 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Financial Services

Modules at a Glance


SN Modules No. of
Lectures
1 Evolution of Financial Services 15
2 Marketing of Financial Services 15
3 Mutual Funds 15
4 Portfolio Management Services 15
Total 60

Page 77

Faculty of Commerce , University of Mumbai 76 | P a g e
SN Modules/ Units
1 Evolution of Financial Services
A) Evolution of Financial Service - Meaning of Financial Services, Types of
Financial Services, Fund based and Non -fund based , Significance of Financial
Services , Growth of Financial Services in India , Emerging Tr ends in Financial
Services and constraints in growth of financial services.
B) Regulatory Framework for Financial Services – Role of RBI, Role of SEBI ,
Provisions of Companies Act , Role of FEMA and Ethical issues in the
Marketing of Financial services .

2 Marketing of Financial Services
A) Categories of Financial Products – Insurance, Banks, Stocks, Mutual Funds,
Pension Plans, other Savings Products, Financial Services Marketing
Environment –Micro and Macro Environmental Forces , Marketing Mix for
Financial Services, Promotional Strategies, Customer Relations and Servicing.
B) Treasury Management – Structure and Organization , Functions and
Responsibilities of a Treasurer, Cost centre, Profit Centre , Integrated
Treasury, Treasury and Asset Liabilit y Management, Liquidity Management:
CRR/CCIL/RTGS , Types of Exposure and Elimination of Exposure

3 Mutual Funds
A) Mutual Funds Concept – History of Mutual fund Industry in India , Advantages
Different Scheme, Fund Accounting and Valuation ( Practical Pr oblems on
Mutual Fund)
B) UTI: Objective, Functions, Regulation, Performance Measurement and
Evaluation of Mutual Fund Schemes, Unit holder’s Protection.
C) Merchant Banking – Facets of Merchant Banking, Functions, Legal and
Regulatory Frameworks, Relevant Provisions of Companies Act , SEBI
Guidelines , Role in Issue Management, Appraisal of Projects, Designing
Capital Structure and Instruments and Issue Pricing

4 Portfolio Management Services
A) Portfolio Management Services - Meaning, Importance, Objectiv es,
Strategies, Types of Strategies – Passive & Active Strategies, Role of Portfolio
Managers.
B) Other Financial Services – Leasing and Hire Purchase, Factoring and Forfaiting,
Consumer Finance, Securitization, Venture Capital, Loan Syndication,
Custodial a nd Depository Services, Credit rating

Page 78

Faculty of Commerce , University of Mumbai 77 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017-2018)

Group C: Banking and Finance

Auditing of Banking Sector

Modules at a Glance


SN Modules No. of
Lectures
1 Auditing Concepts 15
2 Auditing of Banks 15
3 Verification of Assets and Balances of Banking
Companies 15
4 Introduction to Concurren t Audit 15
Total 60

Page 79

Faculty of Commerce , University of Mumbai 78 | P a g e
SN Modules/ Units
1 Auditing Concepts
 Nature, Scope and Significance of Auditing
 Audit Engagement, Audit Program, Audit Working Papers, Audit Note Book,
Audit Evidence
2 Auditing of Banks
 Meaning and Appointment of Bank Aud itors
 Internal control system in Banks
 Categories of Bank Audit: Concurrent audit, Internal Audit/ Information
Systems Audit and Statutory audit
 Banking Regulation Act in pursuant to accounts and auditing of banking
companies - Sec 29 to Sec 34A
 Guidanc e Note on Audit of Banks by ICAI
3 Verification of Assets and Balances of Banking Companies
 Cash, bank balances, money at call and short notice
 Investments
 Advances
 Fixed assets
 Other assets
 Capital
 Reserves and surplus
 Deposits
 Borrowings
 Other liabili ties and provisions
4 Introduction to Concurrent audit
 Concurrent audit system : Meaning, scope, coverage, Types of activities,
Appointment of auditors and reporting
 Internal Audit/ Information Systems Audit – Meaning, Scope
 Statutory audit of banks/b ank branches
 Audit of bank branch and reporting

Page 80

Faculty of Commerce , University of Mumbai 79 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Acade mic Year - 2017 -2018)

Group C: Banking and Finance

Investment Management

Modules at a Glance


SN Modules No. of
Lectures
1 Portfolio Management – An Introduction 10
2 Portfolio Revision an d Evaluation 15
3 Fundamental and Technical Analysis 20
4 Efficient Market Theory and CAPM 15
Total 60

Page 81

Faculty of Commerce , University of Mumbai 80 | P a g e
SN Modules/ Units
1 Portfolio Management – An Introduction
A) Portfolio Management – An Introduction
Investment - Meaning, Characteristics, Objectives, Investment V/s Speculation,
Investment V/s Gambl ing and Types of Investors
Portfolio Management – Meaning, Evolution, Phases, Role of Portfolio Managers,
Advantages of Portfolio Management.
Investment Environment in India and factors conducive for investment in India.
B) Portfolio Analysis and Selection
Portfolio Analysis – Meaning and its Components, Calculation of Expected Return
and Risk, Calculation of Covariance, Risk – Return Trade off.
Portfolio Selection – Meaning, Feasible Set of Portfolios, Efficient Set of Portfolios,
Selection of Optimal Por tfolio, Markowitz Model, Limitations of Markowitz Model,
Measuring Security Return and Portfolio Return and Risk under Single Index Model
and Multi Index Model.
2 Portfolio Revision and Evaluation and Bond Evaluation
A) Portfolio Revision and Evaluation - Portfolio Revision – Meaning, Need,
Constraints and Strategies. Portfolio Evaluation – Meaning, Need, Measuring
Returns (Sharpe, Treynor and Jensen Ratios) and Decomposition of Performance.
B) Bond Valuation – Meaning, Measuring Bond Returns – Yield to Matur ity, Yield to
call and Bond Pricing. Bond Pricing Theorems, Bond Risks and Bond Duration.
(Practical Problems on YTM and Bond Duration)
3 Fundamental and Technical Analysis
A) Fundamental Analysis - Economy Analysis – Meaning, Framework of Economic
Analy sis, Forecasting, Barometric or Indicator Approach, Econometric Model
Building and Opportunistic Model Building. Industry Analysis – Concept of
Analysis, Industry Life Cycle, Industry Characteristics. Company Analysis –
Financial Statements, Analysis of Fi nancial Statements, (Practical questions on
Debt equity ratios, total debt ratio, proprietary ratios, interest coverage ratio,
Profitability ratios related to sales, investment, equity shares and Efficiency or
Activity Ratios) and Assessment of risk ( Le verages)
B) Technical Analysis - Dow Theory , Meaning and Principles of Technical Analysis,
Price Chart, Line Chart, Bar Chart, Japanese Candlestick Chart, Trends and Trends
and Trend Reversals, Chart Patterns, Support and Resistance, Reversal Patterns,
Cont inuation Patterns and Elliot Wave Theory, Mathematical Indicators –
Calculation of Moving Averages (Simple and Exponential Moving Average),
Oscillators and Relative strength Index, Market Indicators and Fundamental
Analysis V/s Technical Analysis
4 Effici ent Market Theory and CAPM
A) Efficient Market Theory - Random Walk Theory, The Efficient Market Hypothesis ,
Forms of Market Efficiency , Competitive Market Hypothesis
B) CAPM - Fundamental Notions of Portfolio Theory, Assumption of CAPM, Efficient
Frontier wi th Riskless Lending and Borrowing, Capital Market Line, Security Market
Line and Pricing of Securities with CAPM. Arbitrage Pricing Theory ( APT) – The
Return Generating Model, Factors Affecting Stock Return, Expected Return on
Stock, APT V/s CAPM.

Page 82

Faculty of Commerce , University of Mumbai 81 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group C: Banking and Finance

Currency Derivatives

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Currency Markets 15
2 Regulatory Framework for Currency Derivatives 15
3 Strategies using Currency Derivatives 15
4 Clearing and Settlement System of Currency Futures 15
Total 60

Page 83

Faculty of Commerce , University of Mumbai 82 | P a g e
SN Modules/ Units
1 Introduction to Currency Markets
A) Introduction to Currency Markets – Brief history of foreign exchange markets,
Major Currency pairs, Overview of international currency markets, Basics of
currency markets and peculiarities in India, Settlement date or value date, OTC
forward rate, Exchange Rate arithmetic cross rate, Impact of market economics
on currency prices and economic indicators
B) Foreign Exchange Derivatives – Definition, Products , Growth drivers o f
derivatives, Market Players, Key economic function of derivatives, Financial Market
stability: Exchange traded V/s OTC derivatives.
2 Regulatory Framework for Currency Derivatives
A) Regulatory Framework for Currency Derivatives – Applicability of Securi ties
Regulation Act, 1956, RBI-SEBI standing technical committee on exchange traded
currency and interest rate derivatives , Foreign Exchange Management Act, 1999 –
Provisions, Regulatory framework for exchanges, Regulatory framework for
clearing corporations, Governing council of the exchange and clearing corporation
and Eligibility criteria for members.
B) Code of Conduct and Investor Protection - Adherence to SEBI codes of cond uct for
brokers/ sub -brokers, Adherence to codes of conduct specific to currency
derivatives segment, Grievance redressal mechanism for investors.
3 Strategies using Currency Derivatives
A) Strategies using Currency Derivatives – Market Participants – Hedgers,
Speculators, Arbitrageurs, Computing pay offs from a portfolio of futures and
trade remittances, Using foreign currency futures for hedging various kinds of
foreign exchange exposures, Use of currency futures by speculators and
arbitrageurs, trading spreads using currency futures, limitations of currency
futures for hedgers.
B) Trading in Currency Futures - Currency futures contract specification, Other
terminologies with respect to contract specifications, Trader workstation screen
(TWS), Entities in the trading system, Types of orders, Price Limit Circuit Filter and
Rules, regulations and bye laws of Exchange.
4 Clearing and Settlement of Currency Futures
A) Clearing and Settlement in Currency Futures - Clearing vs. Settlement, Clearing
entities, Cle aring mechanism, Regulatory guidelines on open position limits and
Settlement mechanism.
B) Risk Management in Currency Futures - Risk management measures, Margin
requirements, Mark -to-Market, Settlement, Margin collection and enforcement,
Periodic Risk Evalu ation Report, Surveillance and Unique Client Code (UCC).

Page 84

Faculty of Commerce , University of Mumbai 83 | P a g e





Master of Commerce (M.Com) Programme
Under Choice Ba sed Credit, Grading and Semester System
Course Structure


(To be implemented from Academic Year 2017 -2018 )

Semester IV
No. of
Courses Semester IV Credits
1 Elective Courses (EC)
Group D: E-Commerce (Any Three out of Five)
1 E-Commerce Security and Law 06
2 Advance technology for E -Commerce 06
3 Management Information System 06
4 Digital Marketing 06
5 International Business, Law and Taxation 06
Total Credits 18

Page 85

Faculty of Commerce , University of Mumbai 84 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemente d from Academic Year - 2017 -2018)

Group D: E-Commerce

1. E-Commerce Security and Law

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to E -Commerce Security 15
2 Security Threats and Measures 15
3 Introduction to Cyber Law 15
4 Cyber space Laws 15
Total 60

Page 86

Faculty of Commerce , University of Mumbai 85 | P a g e
SN Modules/ Units
1 Introduction to E -Commerce Security
 E-commerce security: Concept, Need/Importance, Security Issues in E -Commerce -
Security risks of e -commerce,
 Threats and Risk Management: Type of threats, Sources of t hreats, Security tools &
Risk – Types of security, management approach
 Network Security: Encryption, Protecting Web server with a Firewall, Firewall and
the Security Policy, Network Firewalls and Application Firewalls, Proxy Server
2 Security Threats and Measures
 Current threats, Cryptography, public key certificates and infrastructures,
authentication and authorization certificates,
 Mobile code security, security of agent -based systems, secure electronic
transactions, electronic payment systems, in tellectual property protection,
 Symmetric and Asymmetric Cryptosystem, Role of electronic signature, EDI
Security
3 Introduction to Cyber Law
 Introduction to Cyber Laws -World Scenario, Cyber -crime& Laws in India and their
limitations,
 Threats in Com puter Systems: Virus, Cyber Crime, Hacking, Web Vandals, E -mail
Abuse, Software Piracy and Patents.
 The problems of internet jurisdictions, Law relating to Electronic records,
Importance of Electronic Records as Evidence.
4 Cyberspace Laws
 Cyberspace and Internet in India - Penalties, Offences and Compensation
 Protection of Cyber Consumers in India and CPA 1986, International efforts related
to cyberspace laws, Trace an IP address,
 Security Tools, Client server network security, Encryption and concepts of public
and private key infrastructure

Page 87

Faculty of Commerce , University of Mumbai 86 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Ye ar- 2017 -2018)

Group D: E-Commerce

2. Advance technology for E -Commerce

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Advanced technology for E -commerce 15
2 Information Publishing Technology 15
3 E-commerce Success with Contai n Marketing 15
4 New Trends 15
Total 60

Page 88

Faculty of Commerce , University of Mumbai 87 | P a g e
SN Modules/ Units
1 Introduction to Advanced technology for E -commerce
 Advanced technology for E -commerce: Concept of E -commerce, Internet & WWW,
Functions,
 Types of technology, Electronic Data Interchang e (EDI) - Benefits, Transaction and
examples, Multimedia technology – desktop Video Conferencing
 Securing Network Transaction: Cryptology, Digital Signature, E -mail security
2 TCP/IP and Information Publishing Technology
 Internet Protocols – OSI Model, TCP/IP, FTP; LAN, WAN
 Information Publishing Technology - HTML, URL, HTTP, HTML FORM, CGI
SERVICES,
 eXtensible Markup Language (XML) – Application and Architecture, Data Mining
and Web Mining
3 Mobile Agents& WAP
 Mobile Agents - Concept, Mobility and security issues, Client Server Approach v/s
Mobile Agent based approach,
 Mobile computing, Mobile users in Global E -commerce, Coalition Formation
 Wireless Application Protocol (WAP) - Benefits and Architecture, Web Server and
client (Web Browser).
4 New Trends
 New E -commerce Technology Trends, Broadband technologies, Affiliate Marketing,
Content marketing - challenges,
 Key performance indicators (KPIs),Complex Server and Network Infrastructure,
transitioning to Virtualization & Cloud Computing, use of fully or partially
outsourced IT support
 Supercharged Kiosks, Role of Instant Messaging (IM), Digital literacy and
multimedia design

Page 89

Faculty of Commerce , University of Mumbai 88 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group D: E-Commerce

3. Management Information System

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Management Information Sys tem (MIS) 15
2 Business & Designing Information System 15
3 Information and System Concept 15
4 Decision Support System & Development of MIS 15
Total 60

Page 90

Faculty of Commerce , University of Mumbai 89 | P a g e
SN Modules/ Units
1 Introduction to Management Information System (MIS)
 MIS: Concept, Char acteristics, Components, Strategic uses, Challenges of Global
information system
 Information System Resources: Selection of Business Software and Hardware,
Business Network and Data Warehouses
 Business Intelligence, Knowledge Management, System Planning an d Development
2 Business &Designing Information System
 Classification of MIS: Transaction Process System (TPS), Process Control System
(PCS), Enterprise Collaboration System (ECS), Business information system,
 System Design: Conceptual Design, Objectiv es, Methods
 Structuring Data of MIS: Pyramid structure, Querying, Aggregating and Visualizing
Data
3 Information and System Concept
 Information: Concept, Types, Dimensions of Information, Information Quality
 System: Kinds, Elements of system, Human as i nformation processing system
 Need of IT Industry, Scope of Infrastructure Management, Attributes of Computing
System
4 Decision Support System& Development of MIS
 Decision Making: Concept, Types, Simon’s Model, Decision Making and MIS
 Supporting Managem ent Decision: Key Performance Indicators (KPI), Planning and
Implementation.
 Development of MIS: Steps in developing a right MIS, System Development
Approaches, System analysis and design - Determinants and requirement

Page 91

Faculty of Commerce , University of Mumbai 90 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group D: E-Commerce

4. Digital Marketing

Modules at a Glance


SN Modules No. of
Lectures
1 Introduction to Digital Marketing & SEO 15
2 Google analytics and SMO 15
3 SEM and Social Media 15
4 Email and Mobile Marketing 15
Total 60

Page 92

Faculty of Commerce , University of Mumbai 91 | P a g e
SN Modules/ Units
1 Introduction to Digital Marketing & SEO
 Digital Marketing - Introduction, Features, Strategies, Types, Aligning Internet with
Business Objectives,
 User Behaviour & Navigation, Branding & User Experience, Customer Insights
 Search Engine Optimization(SEO) – Search Engines Basics, Functioning of Search
Engines, On& off-page Optimiz ation,
2 Google analytics and SMO
 Google Analytics –Concepts, steps, Accounts -profiles and users navigation, Basic
metrics,
 The main sections of Google Analytics reports -Traffic Sources, Direct referring and
search traffic;
 Social Media Optimization (SMO) - Concepts, Pros & Cons, bookmarking &
aggregating, content, content sharing, knowledge sharing; connecting to social
networking
3 SEM and Social Media
 Search Engine Marketing (SEM) - Concept, Understanding Google sear ch - Organic
& Paid, Overview of Google Adwords, Google Adsense, Microsoft AdCenter and
Yahoo Search Marketing,
 Campaign Management, Pay Per Click (PPC) Management, Conversion Tracking,
Targeting & Analytics, Keyword Selection,
 Conversion Metrics - CPA, C TR, Campaigns - Google PPC Campaigns, LinkedIn
Campaigns, Facebook Campaign, YouTube Advertising
4 Email and Mobile Marketing
 E-mail Marketing - User Behaviour, Segmentation, Key Metrics, Best Practice Case
Studies, E -marketing strategies,
 Tracking la nding pages, Choosing your metrics, A/B and Multivariate testing,
Analyzing test results, Setting your budgets;
 Mobile Marketing - Concept, SMS Strategy, Mobile Advertising, Mobile Optimized
Websites, Mobile Apps, Proximity Marketing,

Page 93

Faculty of Commerce , University of Mumbai 92 | P a g e Revised Syllabus of Courses of
Master of Commerce (M.Com) Programme at Semester I V
(To be implemented from Academic Year - 2017 -2018)

Group D: E-Commerce

5. International Bus iness, Law and Taxation

Modules at a Glance


SN Modules No. of
Lectures
1 Use of Internet in the International Business 15
2 International Outsourcing and Ethics 15
3 International Law and Taxation 15
4 Government Intervention in International Busine ss 15
Total 60

Page 94

Faculty of Commerce , University of Mumbai 93 | P a g e
SN Modules/ Units
1 Use of Internet in the International Business
 International Business: Concept, Features, External and Internal Factors of
International business
 Internet and International business: Significance, Use of Inte rnet, Impact of E -
commerce and Barriers
 International E -commerce business: Concept of E -business, Features, Evolution ,
2 International Outsourcing and Ethics
 Global outsourcing: Concept, Forms, Drivers, Development in IT -BPO Sector
 International Outso urcing in India: Benefits,Growth Drivers of India, Limitations
 Ethics in International e -Business, Constraint in e -Business in India, International e-
Commerce Benchmarking,
3 International Law and Taxation
 International Legal environment in E -commerce, European Community Law,
Intellectual Property Law, Pillaging Patent
 United States Taxation of International e -Commerce, Law and Policy of
Organisation for Economic Co -operation and Development (OECD)
 International Taxation and e -Commerce: Direct and Indi rect taxation, Relevance of
E-commerce, Effect of E -commerce on consumption taxes, Emerging Tax Policy,
4 Government Intervention in International Business
 Instruments of Government Intervention: Tariff and Non - Tariff Barriers,
Investment Barriers,
 Policies regarding e -commerce: FDI Policy, Foreign Trade Policy, Export -Import
Policy - Methods of E -payment, e -Documentations
 Rationale for Government Intervention: Defensive and offensive rationale,
Economic Freedom and Government Support

Page 95

Faculty of Commerce , University of Mumbai 94 | P a g e Scheme of E xamination:
The performance of the learners will be evaluated in two components. One component will
be the Internal Assessment component carrying 40% marks and the second component will
be the Semester End Examination component carrying 60% marks.

Intern al Assessment :
The Internal Assessment will consist of one class test of 40 marks for each course excluding
projects. The question paper pattern will be shown as below:

Question Paper Pattern
(Internal Assessment)

Maximum Marks: 40 marks
Questions to be set: 03
Duration: 1½ hours
Question
No Particular Marks

Q-1

Objective Questions
Students to answer 10 sub questions out of 15 sub questions.
(*Multiple choice/ True or False/ Match the columns/ Fill in the
blanks)

OR

Objective Questions
A) Sub Question s to be asked 08 and to be answered any 05
B) Sub Questions to be asked 08 and to be answered any 05
(*Multiple choice/ True or False/ Match the columns/ Fill in the
blanks)

10 Marks

Q-2

Concept based short questions
Students to answer 5 sub questio ns out of 8 sub questions.

10 Marks

Q-3

Practical problems or short questions
Students to answer 02 sub questions out of 03 sub questions

20 Marks

Page 96

Faculty of Commerce , University of Mumbai 95 | P a g e Question Paper Pattern
(Practical Courses)
Maximum Marks: 60
Questions to be set: 04
Duration: 2 H rs.
All Questions are Compulsory Carrying 15 Marks each.
Question
No Particular Marks

Q-1

Q-1

Practical Question
OR
Practical Question
15 Marks

15 Marks

Q-2

Q-2

Practical Question
OR
Practical Question
15 Marks

15 Marks

Q-3

Q-3

Pract ical Question
OR
Practical Question

15 Marks

15 Marks

Q-4



Q-4
Objective Question
(Multiple Choice/ True or False/ Fill in the Blanks/ Match the
Columns/ Short Questions.)
OR
Short Notes (Any three out of five)

15 Marks



15 Marks

Note:
Full length question of 15 marks may be divided into two sub questions of 08 and 07 marks.

Page 97

Faculty of Commerce , University of Mumbai 96 | P a g e
Question Paper Pattern
(Theoretical Courses)
Maximum Marks: 60
Questions to be set: 04
Duration: 2 Hrs.
All Questions are Compulsory Carrying 15 Marks each.
Ques tion
No Particular Marks

Q-1

Q-1

Full length Question
OR
Full length Question
15 Marks

15 Marks

Q-2

Q-2

Full length Question
OR
Full length Question
15 Marks

15 Marks

Q-3

Q-3

Full length Question
OR
Full length Question
15 Marks

15 Marks

Q-4



Q-4
Objective Question
(Multiple Choice/ True or False/ Fill in the Blanks/ Match the
Columns/ Short Questions.)
OR
Short Notes (Any three out of five)

15 Marks



15 Marks

Note:
Full length question of 15 marks may be divided i nto two sub questions of 08 and 07 marks.

Page 98

Faculty of Commerce , University of Mumbai 97 | P a g e M.Com II
Project work
Work Load :
Work load for Project Work is 1 hour per batch of 15 students per week for the teacher. The
student shall do field work and library work in the remaining 3 hours per week.

Guide lines :
 The project topic may be undertaken in any area of Elective Courses.
 Each of the students has to undertake a Project individually under the supervision of a
teacher -guide.
 The student shall decide the topic in consultation with the teacher -guide c oncerned.
 University/college should allot P G Teacher for guidance to the students based on her /
his specialization.
 There shall be double valuation of project by the teacher - guide concerned and an
external examiner appointed by the University/College with equal weightage .
 The teacher -guide along with the external examiner appointed by the University/College
for the valuation of project shall conduct viva voce examination with equal weightage .
 The date of viva voce shall be intimated to the students by the Department well in
advance.
 The project report shall be prepared as per the broad guidelines given below:
a. Project Report shall be typed in Times New Roman with one and half line spacing in
12 Font Size and 1.5 spacing.
b. The size of the Project Report shall be with a minimum of 25,000 words and a
maximum of 40,000 words. (
c. Project Report shall be printed on both sides of the paper.
d. The Project Report shall be bounded.

Evaluation:
The Project Report evaluation is for 60 Marks and the Viva –Voce examination is for 40
Marks (without presentation).
No marks will be allotted on the Project Report unless a candidate appears at the Viva -Voce
Examination. Similarly, no marks will be allotted on Viva -Voce Examination unless a
candidate submits his/her Project Report.

Project Repo rt (6 0 marks) :
Introduction and other areas covered – 20 marks
Presenta tion, Analysis & Findings -- 30 marks
Conclusion & Recommendations -- 10 marks

Viva -Voce (4 0 marks) :
In course of Viva -Voce Examination, the question may be asked in the following areas:
Importance / relevance of the Study, Objective of the Study, Methodology of the Study/
Mode of Enquiry -- 10 marks
Ability to explain the analysis, findings, concluding obser vations, recommendation,
limitations of the Study -- 20 marks
Overall Impression (including Communication Skill) -- 10 marks

Page 99

Faculty of Commerce , University of Mumbai 98 | P a g e Passing:
 Minimum of Grade E in the project component
 In case of failing i n the project work, the same project can be revised for ATKT
examination.
 Absence of student for viva voce : If any student fails to appear for the viva
voce on the date and time fixed by the depart ment such student shall appear for the
viva v oce on the date and time fixed by the Department, such stu dent shall appear
for the viva voce only along with students of the next batch.