Question Paper Pattern – Mid Semester Examination

The question paper pattern will be as specified below:

Question Paper Pattern – End Semester Pattern

The question paper pattern will be as specified below:

The students will present news and current affairs in the fields of business, finance, economy, sports, etc. They should actively contribute to the session by way of discussion and analysis on the current trends in the field of Commerce and Business and also on the basis of group activity which may include case analysis - mock parliamentary sessions- role plays- business quiz etc.

Current Affairs

Current Affairs

Attendance = 5 marks

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Assessments are made in the last week of the respective months based on the sessions conducted from week 1-3, Average of all the assessments conducted will reflect on the marks card as grades/credits.

This paper enables the students to have a deep understanding of the theoretical framework of Accounting and also helps the students to have an in-depth knowledge of Indian Accounting Standards to be followed while disclosing the books of accounts. It also familiarizes the students with the standards and procedures to be followed while valuing the various items of the Balance sheet. As a prerequisite- students should have a thorough understanding of various accounting concepts.

Accounting Concepts: Materiality concept - Money measurement concept - Cost concept - Conservatism - Accrual V/s Cash and Periodicity concept found relevant to be concept - Consistency concept - Business Entity concept - Going concern concept - Duality or Accounting equivalence concept- Realization concept - Matching concept - Full disclosure - Accounting standards - Ind AS - IFRS – Applicability - Differences between IND AS and IFRS.

Conceptual Framework for Financial Reporting 

Conceptual Framework – Objectives- usefulness and limitations of general purpose financial reporting-Qualitative characteristics of useful financial information- The cost constraint on useful financial reporting - Financial statements and Reporting Entity- The elements of financial statements- Recognition and Derecognition– Measurement- Presentation and disclosure- Concepts of capital and capital maintenance.

Accounting Concepts: Materiality concept - Money measurement concept - Cost concept - Conservatism - Accrual V/s Cash and Periodicity concept found relevant to be concept - Consistency concept - Business Entity concept - Going concern concept - Duality or Accounting equivalence concept- Realization concept - Matching concept - Full disclosure - Accounting standards - Ind AS - IFRS – Applicability - Differences between IND AS and IFRS.

Conceptual Framework for Financial Reporting 

Conceptual Framework – Objectives- usefulness and limitations of general purpose financial reporting-Qualitative characteristics of useful financial information- The cost constraint on useful financial reporting - Financial statements and Reporting Entity- The elements of financial statements- Recognition and Derecognition– Measurement- Presentation and disclosure- Concepts of capital and capital maintenance.

Ind AS – 01 - Presentation of financial statements

Scope- Objective – Financial Statements- Purpose - Features – Components of Financial Statements - Presentation requirements - Comparison of AS-1 with IND AS-1

Ind AS – 02 – Inventories                                                                                                 

Objective – Definition - Applicability - Measurement of Inventory - Methods of Valuation – Cost Formula - Specific identification method – First in First out method - Weighted Average cost - Standard cost - Retail method - Net realizable value - Disclosure in the financial statement - Comparison of AS-2 with IND AS 2. 

Ind AS – 01 - Presentation of financial statements

Scope- Objective – Financial Statements- Purpose - Features – Components of Financial Statements - Presentation requirements - Comparison of AS-1 with IND AS-1

Ind AS – 02 – Inventories                                                                                                 

Objective – Definition - Applicability - Measurement of Inventory - Methods of Valuation – Cost Formula - Specific identification method – First in First out method - Weighted Average cost - Standard cost - Retail method - Net realizable value - Disclosure in the financial statement - Comparison of AS-2 with IND AS 2. 

Ind AS – 07 - Statement of Cash Flows

Cash flows – Definition - Cash flows components - Operating activities - Investing activities- and Financing activities - Reporting foreign currency Cash flows - subsidiaries and joint ventures - Acquisition and disposal of subsidiaries - non-cash transactions - Cash and cash equivalents – Disclosure Requirements - Preparation of cash flow statement - Comparison of AS-3 with IND AS-7. 

Ind AS – 07 - Statement of Cash Flows

Cash flows – Definition - Cash flows components - Operating activities - Investing activities- and Financing activities - Reporting foreign currency Cash flows - subsidiaries and joint ventures - Acquisition and disposal of subsidiaries - non-cash transactions - Cash and cash equivalents – Disclosure Requirements - Preparation of cash flow statement - Comparison of AS-3 with IND AS-7. 

Ind AS – 16 -Property Plant and Equipment

Objectives – Scope – Relevant Definition – Recognition – Measurement – Revaluation – Depreciation – Impairment – Derecognition - Disclosure - Differences between IND AS 16 and AS 10.

Ind AS – 16 -Property Plant and Equipment

Objectives – Scope – Relevant Definition – Recognition – Measurement – Revaluation – Depreciation – Impairment – Derecognition - Disclosure - Differences between IND AS 16 and AS 10.

Ind AS – 21 -Effects of changes in Foreign Exchange Rates

Need and objective - Scope and applicability - foreign currency transactions – Definitions - Recording foreign currency transaction using functional currency – Translation to the presentation currency from functional currency – Translation of foreign operation – Disposal of foreign currency - Comparison of AS-11 with IND AS-21. 

Ind AS – 21 -Effects of changes in Foreign Exchange Rates

Need and objective - Scope and applicability - foreign currency transactions – Definitions - Recording foreign currency transaction using functional currency – Translation to the presentation currency from functional currency – Translation of foreign operation – Disposal of foreign currency - Comparison of AS-11 with IND AS-21. 

Ind AS – 34 -Interim Financial Reporting

Introduction – Objective – Scope - Relevant Definitions – Recognition and Measurement - Forms and content of Interim Financial statement – Significance events and transactions – Disclosure – Restatement – Impairment - Differences between IND AS 34 and AS 25. 

Ind AS – 34 -Interim Financial Reporting

Introduction – Objective – Scope - Relevant Definitions – Recognition and Measurement - Forms and content of Interim Financial statement – Significance events and transactions – Disclosure – Restatement – Impairment - Differences between IND AS 34 and AS 25. 

Overview – Objective – Scope – Applicability – Definition - Identification of Intangible Assets – Recognition – Measurement - Cost and Revaluation Model – Impairment – Retirement – Disposal – Disclosure - Differences between IND AS 38 and AS 26. 

Overview – Objective – Scope – Applicability – Definition - Identification of Intangible Assets – Recognition – Measurement - Cost and Revaluation Model – Impairment – Retirement – Disposal – Disclosure - Differences between IND AS 38 and AS 26. 

2. Taxmann. (2020). Taxmann’s Guide to Indian Accounting Standards (Ind AS)-Based on IFRS Official Pronouncements (Set of 2 Volumes)(5th Edition August 2020). Taxmann Publications Private Limited.

 Students are evaluated for each paper on the basis of written examination and continuous internal assessment (CIA). Each paper carries maximum of 100 marks and is evaluated as follows:

 This course is tailored to strengthen the business acumen of the students in the areas of finance and investment. Students studying this paper specialize in the various aspects of behavioural finance. Various types of investment behaviour that could affect the investment decision. As a prerequisite, the students should have basic knowledge about the concepts relating to behavioural aspects of Investment Management, various avenues and tax planning methods of various stakeholders.

Level of Knowledge: Conceptual and Basic

Meaning-nature-scope & history of Behavioural finance- Behavioural finance & Standard finance- Behaviour and decision making-Financial decision making-Expected Utility theory- Criticisms of Efficient Market Hypothesis (EMH)

Level of Knowledge: Conceptual and Basic

Meaning-nature-scope & history of Behavioural finance- Behavioural finance & Standard finance- Behaviour and decision making-Financial decision making-Expected Utility theory- Criticisms of Efficient Market Hypothesis (EMH)

Level of Knowledge:  Conceptual

Prospect theory- application of prospect theory- Asymmetric information- Egocentricity -

Human Behavioural Theories - Heuristics (Representativeness Heuristic, Availability Heuristic)

- Deficient Market Hypothesis- Biases: Emotional Bias (Endowment Effect, Loss Aversion, Disposition Effect, Statistical Bias), Cognitive Bias- Cognitive Bias (Confirmation Bias, Familiarity Bias, Overconfidence, Anchoring, Reference Price Effect)

Level of Knowledge:  Conceptual

Prospect theory- application of prospect theory- Asymmetric information- Egocentricity -

Human Behavioural Theories - Heuristics (Representativeness Heuristic, Availability Heuristic)

- Deficient Market Hypothesis- Biases: Emotional Bias (Endowment Effect, Loss Aversion, Disposition Effect, Statistical Bias), Cognitive Bias- Cognitive Bias (Confirmation Bias, Familiarity Bias, Overconfidence, Anchoring, Reference Price Effect)

Disjunction Effect, Self-deception, Neurofinance (introduction only); Mental Accounting, Self- control, Regret avoidance and Cognitive dissonance, Representativeness and Availability, Anchoring and Belief perseverance, Overconfidence, Optimism and wishful thinking, Overreaction and Conservatism, Self attribution, Recency bias.

Interaction Between Biases - Outcomes Of Biases - Intermediate Outcomes - Final Outcomes- Dealing With Biases - Overcoming The Biases – De-biasing (Identification of Potential Bias, Considering Techniques to Lower the Impact, Evaluation of Selected Technique)

Disjunction Effect, Self-deception, Neurofinance (introduction only); Mental Accounting, Self- control, Regret avoidance and Cognitive dissonance, Representativeness and Availability, Anchoring and Belief perseverance, Overconfidence, Optimism and wishful thinking, Overreaction and Conservatism, Self attribution, Recency bias.

Interaction Between Biases - Outcomes Of Biases - Intermediate Outcomes - Final Outcomes- Dealing With Biases - Overcoming The Biases – De-biasing (Identification of Potential Bias, Considering Techniques to Lower the Impact, Evaluation of Selected Technique)

Level of Knowledge: Conceptual

Fundamental anomalies, Accounting Based Anomalies, Calendar Anomalies, Technical anomalies: Value v/s Growth, size, equity premium myopia.

Level of Knowledge: Conceptual

Fundamental anomalies, Accounting Based Anomalies, Calendar Anomalies, Technical anomalies: Value v/s Growth, size, equity premium myopia.

Level of Knowledge: Conceptual

Identification and causes, investor behaviour during bubbles, case study of prominent market bubbles/scams. Introduction to Behavioural Corporate Finance.

Level of Knowledge: Conceptual

Identification and causes, investor behaviour during bubbles, case study of prominent market bubbles/scams. Introduction to Behavioural Corporate Finance.

Level of Knowledge:  Conceptual and Basic

Corporate finance from a behavioural perspective- rational managers in efficient markets- market timing- catering- managerial biases in efficient markets

Level of Knowledge:  Conceptual and Basic

Corporate finance from a behavioural perspective- rational managers in efficient markets- market timing- catering- managerial biases in efficient markets

Sulphey, M. M.: Introduction to Behavioural Finance, PHI Learning P. Ltd., New Delhi

Paragh Parikh, Value Investing and Behavioural Finance, Tata McGraw-Hill.

Lucy A. Akert and Richard Deaves, Understanding Behavioural Finance- Cengage Learning.

The subject equips students with a competitive advantage in the field of taxation. The subject aims to provide a conceptual understanding and framework of the direct tax laws in the country. It enables students to understand the implications of tax laws and their compliance.

The Finance Act- The Income Tax Act 1961-Tax - Basic concepts: Agricultural income – Assessee- Assessment year- Average rate of tax- income of person- gross total income- Previous year- Charge of income Tax - Capital and Revenue Receipts capital or revenue expenditure.

The Finance Act- The Income Tax Act 1961-Tax - Basic concepts: Agricultural income – Assessee- Assessment year- Average rate of tax- income of person- gross total income- Previous year- Charge of income Tax - Capital and Revenue Receipts capital or revenue expenditure.

Heads of Income- Income from Salary (including Perquisite except RFA & Car facility all other perquisite self-learning module) - Income from House Property- Income from business or Profession- Income from capital Gain– Income from other sources- Aggregation of income- set- off and carry forward of losses- deductions from Gross Total Income- Tax Incidence on individuals - Total income. - Tax liability - rebates & relief - Problems on Computation of taxable income

Heads of Income- Income from Salary (including Perquisite except RFA & Car facility all other perquisite self-learning module) - Income from House Property- Income from business or Profession- Income from capital Gain– Income from other sources- Aggregation of income- set- off and carry forward of losses- deductions from Gross Total Income- Tax Incidence on individuals - Total income. - Tax liability - rebates & relief - Problems on Computation of taxable income

Meaning of HUF - Different Schools of Hindu law - Assessment of Hindu Undivided Family- Deductions available- Taxable income - Rates of tax - Partition of HUF - Problems on Hindu Undivided Families.

Meaning of HUF - Different Schools of Hindu law - Assessment of Hindu Undivided Family- Deductions available- Taxable income - Rates of tax - Partition of HUF - Problems on Hindu Undivided Families.

Meaning of Partnership- Computation of Book profits u/s 40(b)-remuneration allowed in the hands of partnership firms- scheme of taxation of firms – assessment as a firm u/s 184 – computation of total income of firm and tax liability of firm. Taxation of Limited Liability Partnership (LLP)- Problems on computation of taxable income of firms/partners/LLP.

Meaning of Partnership- Computation of Book profits u/s 40(b)-remuneration allowed in the hands of partnership firms- scheme of taxation of firms – assessment as a firm u/s 184 – computation of total income of firm and tax liability of firm. Taxation of Limited Liability Partnership (LLP)- Problems on computation of taxable income of firms/partners/LLP.

Meaning- requirement of PAN- prescribed forms of returns- compulsory filing of returns- due date for filing returns- authorized signatories- interest in case of default- return of loss- belated return- revised return- defective return

Meaning- requirement of PAN- prescribed forms of returns- compulsory filing of returns- due date for filing returns- authorized signatories- interest in case of default- return of loss- belated return- revised return- defective return

Income liable for advance tax - Advance tax liability under different situations- Interest payable by the assessee or Government - Problems illustrating advance tax provisions.

Income liable for advance tax - Advance tax liability under different situations- Interest payable by the assessee or Government - Problems illustrating advance tax provisions.

This course focuses on the various research approaches and methods to be adopted based on the various research problems. It also helps the students to define the research problem. The course also focuses on synthesizing literature reviews using APA 7^th edition and MLA formats. It throws light on the various research designs and hypotheses testing methods. Both Qualitative and Quantitative methods of data collection are covered in this course. Sampling designs and data analysis using various statistical packages have also been integrated as a part of this course.

Meaning- Objectives of Research - Types of Research- Research Approaches Concept of theory, empiricism, deductive and inductive theory.- Research Methods versus Methodology- Research and Scientific Method- Research Process- Criteria for Good Research- Mixed methods approach – Understanding the language of research – Concept, Construct, Definition, Variable. Research Process. Ethics in Research.

Meaning- Objectives of Research - Types of Research- Research Approaches Concept of theory, empiricism, deductive and inductive theory.- Research Methods versus Methodology- Research and Scientific Method- Research Process- Criteria for Good Research- Mixed methods approach – Understanding the language of research – Concept, Construct, Definition, Variable. Research Process. Ethics in Research.

Identification and Selection of Research Problem (Practical)-Research Question – Investigation Question – Measurement Issues Necessity of defining the Problem- Techniques involved in defining a problem - Review of Literature- Synthesizing literature review (Practical)- Research Gap identification (Practical)- Presenting literature review in discussion format (Practical)- APA 7^th edition and MLA formats.

Identification and Selection of Research Problem (Practical)-Research Question – Investigation Question – Measurement Issues Necessity of defining the Problem- Techniques involved in defining a problem - Review of Literature- Synthesizing literature review (Practical)- Research Gap identification (Practical)- Presenting literature review in discussion format (Practical)- APA 7^th edition and MLA formats.

Meaning of Research Design- Need for Research Design- Features of a Good Design- Important concepts relating to Research Design – Dependent and Independent Variables- Extraneous Variable- Control Variable- Confounded Relationship- Research Design in case of Exploratory- Descriptive and Diagnostic research studies- Meaning of Hypothesis- Basic concepts concerning testing of hypothesis – Null Hypothesis and Alternate hypothesis- Type I and Type II errors- Level of significance- Two tailed and One Tailed tests- Testing the hypothesis.

Meaning of Research Design- Need for Research Design- Features of a Good Design- Important concepts relating to Research Design – Dependent and Independent Variables- Extraneous Variable- Control Variable- Confounded Relationship- Research Design in case of Exploratory- Descriptive and Diagnostic research studies- Meaning of Hypothesis- Basic concepts concerning testing of hypothesis – Null Hypothesis and Alternate hypothesis- Type I and Type II errors- Level of significance- Two tailed and One Tailed tests- Testing the hypothesis.

Introduction - Sample, Sampling Frame, Sampling Error, Sample Size, Sample Design - Sampling and Non-sampling errors -, Characteristics of a good sample, Sample Survey V/s Census Survey - Types of Sampling designs - Complex random sampling designs – Determination of Sample Size

Introduction - Sample, Sampling Frame, Sampling Error, Sample Size, Sample Design - Sampling and Non-sampling errors -, Characteristics of a good sample, Sample Survey V/s Census Survey - Types of Sampling designs - Complex random sampling designs – Determination of Sample Size

Concept of measurement– Levels of measurement – Nominal, Ordinal, Interval, Ratio,-Problems in measurement in research Validity and Reliability-–. Primary & secondary methods of data collection- Qualitative methods of data collection- observation method- content analysis- focus group method- Quantitative methods – Questionnaire/Schedule- Guidelines for Constructing Questionnaire/Schedule (practical)- Standardized questionnaire- conducting pilot study.

Concept of measurement– Levels of measurement – Nominal, Ordinal, Interval, Ratio,-Problems in measurement in research Validity and Reliability-–. Primary & secondary methods of data collection- Qualitative methods of data collection- observation method- content analysis- focus group method- Quantitative methods – Questionnaire/Schedule- Guidelines for Constructing Questionnaire/Schedule (practical)- Standardized questionnaire- conducting pilot study.

Report Writing-Significance of Report Writing-Different Steps in Writing Report -Layout of the Research Report -Types of Reports-Mechanics of Writing a Research Report -Precautions for Writing Research Reports.

 Layout of a Research Paper, identification of  Journals in social science, Ethical issues related to publishing-Plagiarism and Self-Plagiarism-signification of indexation and citation-Preparing Research papers for journals, Seminars and Conferences- preparation of project reports

Report Writing-Significance of Report Writing-Different Steps in Writing Report -Layout of the Research Report -Types of Reports-Mechanics of Writing a Research Report -Precautions for Writing Research Reports.

 Layout of a Research Paper, identification of  Journals in social science, Ethical issues related to publishing-Plagiarism and Self-Plagiarism-signification of indexation and citation-Preparing Research papers for journals, Seminars and Conferences- preparation of project reports

2.  Creswell, J. W. (2024). Research Design: Qualitative, Quantitative, and mixed methods approaches. United States of America: Sage Publications, Inc.

This course equips the students with the tools to turn raw data into actionable insights for business decisions. It helps in demystifying statistics, by exploring their applications in management and the difference between summarizing data (descriptive statistics) and drawing conclusions from samples (inferential statistics). The course explores powerful methods for comparing groups (t-tests) and understanding the impact of multiple variables (ANOVA). The course then equips you to measure the strength and direction of relationships between variables (correlation analysis) using techniques like Pearson's correlation and Spearman's rank correlation, Regression. Finally, the course s introduces to popular statistical software packages like Excel, SPSS, and Jamovi, explores newfound skills into practice for real-world data analysis. reframe this in simple terms.

Evolution of statistical techniques– mean, median, mode, standard deviation, variance –bi-variate analysis methods – covariance and correlation and regression relationship - need and application discussion - ethical issues in statistics (using MS excel)

Evolution of statistical techniques– mean, median, mode, standard deviation, variance –bi-variate analysis methods – covariance and correlation and regression relationship - need and application discussion - ethical issues in statistics (using MS excel)

Concept of correlation - Correlation and causation – types - methods – scatter diagram, karl Pearson's coefficient of correlation – assumptions and interpretation of results – probable error – coefficient of determination – Rank correlation coefficient – Lag and lead in correlation. Regression analysis – regression lines and equations – graphing regression lines – regression equations – Problems - coefficient, standard error, t value and P value computation and interpretation in Excel- Limitations of regression analysis (Using MS excel)

Concept of correlation - Correlation and causation – types - methods – scatter diagram, karl Pearson's coefficient of correlation – assumptions and interpretation of results – probable error – coefficient of determination – Rank correlation coefficient – Lag and lead in correlation. Regression analysis – regression lines and equations – graphing regression lines – regression equations – Problems - coefficient, standard error, t value and P value computation and interpretation in Excel- Limitations of regression analysis (Using MS excel)

Definition of probability – calculation of probability – Theorems of probability – conditional probability – Bayes’ Theorem – Random variable and probability distribution Theoretical distribution – binomial distribution – Poisson distribution – normal distribution – properties and applications – problems.

Definition of probability – calculation of probability – Theorems of probability – conditional probability – Bayes’ Theorem – Random variable and probability distribution Theoretical distribution – binomial distribution – Poisson distribution – normal distribution – properties and applications – problems.

Hypothesis testing -Type I and Type II errors – Level of significance -standard error and sampling distribution – estimation_ Parametric test and non-parametric test – tests of significance for large samples – tests of significance for small samples -meaning of confidence interval – Problems - one tailed and two-tailed test Critical region and value - Decision making. F test and variance Ratio test - One-way ANOVA, Chi-square test for goodness of fit and independence of attributes – problems (Using Jamovi/ SPSS )

Hypothesis testing -Type I and Type II errors – Level of significance -standard error and sampling distribution – estimation_ Parametric test and non-parametric test – tests of significance for large samples – tests of significance for small samples -meaning of confidence interval – Problems - one tailed and two-tailed test Critical region and value - Decision making. F test and variance Ratio test - One-way ANOVA, Chi-square test for goodness of fit and independence of attributes – problems (Using Jamovi/ SPSS )

Concept – Advantages – paired sample sign test – mann-whitney U test – one sample runs test – Kruskal-wallis test – Limitations of non-parametric tests – problems. (Using Jamovi/SPSS)

Concept – Advantages – paired sample sign test – mann-whitney U test – one sample runs test – Kruskal-wallis test – Limitations of non-parametric tests – problems. (Using Jamovi/SPSS)

CIA 1 20 Marks

CIA 2 30 Marks

CIA 3 20 Marks

Final Assessment 30 Marks

Total 100 Marks

The students will present news and current affairs in the fields of business, finance, economy, sports, etc. They should actively contribute to the session by way of discussion and analysis on the current trends in the field of Commerce and Business and also on the basis of group activity which may include case analysis - mock parliamentary sessions- role plays- business quiz etc.

compare and discuss the relevant issues

Analyze industry and finance news for evaluation

Current Affairs

Current Affairs

Attendance = 5 marks

CAT- Corporate and Academic Training is introduced for scaling up the students’ skills & talents by encouraging participation and vibrancy among them. The course delivery comprises 4 sessions in a month that covers preparing the students for competitive exams like NET/JRF, aptitude tests and logical reasoning and other skills that also help in increasing their chances for corporate placements.

CAT student coordinators prepare for aptitude and ensure that the same is taught in class.

CAT student coordinators prepare for aptitude and ensure that the same is taught in class.

Department faculties will ensure to train for NET/JRF (Paper 1 and Paper 2)

Department faculties will ensure to train for NET/JRF (Paper 1 and Paper 2)

External trainers to train for Corporate hiring

External trainers to train for Corporate hiring

 Grades and credits will be awarded based on the following assessment

 Assessments are made in the last week of the respective months based on the sessions conducted from week 1-3, Average of all the assessments conducted will reflect on the marks card as grades/credits.

Course Description:

Business ethics and corporate governance is a course by research. This course will emphasize the individual as decision-maker and focus upon ethical issues and dilemmas facing managers in most business organizations. The specific objectives of the course are to raise students’ general awareness of ethical dilemmas at work to place ethical issues within a management context subject to analysis and decision-making action- and to enhance and improve the ability of students to reason toward a satisfactory resolution of an ethical dilemma. The central goals of the course are to develop students’ skills in reasoning about ethical problems and encourage deep- habitual reflection on the ethical dimensions of life. The corporate governance part of this course is intended to introduce and investigate various governance mechanisms in a globalized economy.

Level of Knowledge: Conceptual

Ethics and Business – Making a case for Business Ethics – Sources and factors influencing Business ethics – Values- Morals and ethics - Business ethics as personal integrity and social responsibility – Ethics and Law – Ethics as practical reason.

Level of Knowledge: Conceptual

Ethics and Business – Making a case for Business Ethics – Sources and factors influencing Business ethics – Values- Morals and ethics - Business ethics as personal integrity and social responsibility – Ethics and Law – Ethics as practical reason.

Ethical theories and traditions – Utilitarianism – Deontology as ethics of rights and duties – Virtue ethics – Perspectives of Albert Z Carr and Machiavelli – Modern and Contemporary views on Business ethics

Ethical theories and traditions – Utilitarianism – Deontology as ethics of rights and duties – Virtue ethics – Perspectives of Albert Z Carr and Machiavelli – Modern and Contemporary views on Business ethics

Level of Knowledge: Conceptual

Decision-making process for ethics – various frameworks for ethical decision-making – stakeholder theory – Triple Bottom-Line - Reasons for mistakes in ethical decision-making - Kohlberg‘s theory of Moral development – Ethical decision-making in managerial roles

Level of Knowledge: Conceptual

Decision-making process for ethics – various frameworks for ethical decision-making – stakeholder theory – Triple Bottom-Line - Reasons for mistakes in ethical decision-making - Kohlberg‘s theory of Moral development – Ethical decision-making in managerial roles

Level of Knowledge: Conceptual

Culture and ethics – Compliance and Value-based cultures – ethical leadership and corporate culture – building a Value-based corporate culture: code of ethics- ethics hotlines – ombudspersons- Reporting and Ethics Audits – Various models of CSR

Level of Knowledge: Conceptual

Culture and ethics – Compliance and Value-based cultures – ethical leadership and corporate culture – building a Value-based corporate culture: code of ethics- ethics hotlines – ombudspersons- Reporting and Ethics Audits – Various models of CSR

Level of Knowledge: Conceptual

HRM: Cash and incentive plans- performance appraisal, race and disability, health and safety- restructuring and layoffs – wages – discrimination- sexual harassment.

Marketing: Ethical issues in Marketing a framework- responsibility for products (safety and liability)- marketing Process related ethics (Advertisements and Sales)- product related ethics (appropriateness of marketing certain products)- competition related ethics (pricing, advertising, piracy, predatory)- Marketing to Vulnerable populations- Sustainable Marketing.

Finance and Accounting: Finance functions- investment decisions- disclosure norms- insider trading- and executive compensation- conflicts of interests in Accounting and Financial markets.

Technology: Privacy and employee monitoring- emerging ethical issues related to Technology

Level of Knowledge: Conceptual

HRM: Cash and incentive plans- performance appraisal, race and disability, health and safety- restructuring and layoffs – wages – discrimination- sexual harassment.

Marketing: Ethical issues in Marketing a framework- responsibility for products (safety and liability)- marketing Process related ethics (Advertisements and Sales)- product related ethics (appropriateness of marketing certain products)- competition related ethics (pricing, advertising, piracy, predatory)- Marketing to Vulnerable populations- Sustainable Marketing.

Finance and Accounting: Finance functions- investment decisions- disclosure norms- insider trading- and executive compensation- conflicts of interests in Accounting and Financial markets.

Technology: Privacy and employee monitoring- emerging ethical issues related to Technology

Level of Knowledge: Conceptual

Ethical principles governing global business (Model Business principles by US department of Commerce- The caux Principles- International codes – UN Global compact - OECD guidelines) - ethics in relation to adapting host countries culture and norms- issues relating negotiators and gift giving- providing access to less developed countries- avoiding sanctions- protection of intellectual properties – National differences in business ethics- pressures for ethical convergence- ethical principles governing global business.

Business ethics and environmental values – Business’ Environmental responsibilities: The sustainability approach – Principles for a sustainable business.

Level of Knowledge: Conceptual

Ethical principles governing global business (Model Business principles by US department of Commerce- The caux Principles- International codes – UN Global compact - OECD guidelines) - ethics in relation to adapting host countries culture and norms- issues relating negotiators and gift giving- providing access to less developed countries- avoiding sanctions- protection of intellectual properties – National differences in business ethics- pressures for ethical convergence- ethical principles governing global business.

Business ethics and environmental values – Business’ Environmental responsibilities: The sustainability approach – Principles for a sustainable business.

Level of Knowledge: Conceptual

Understanding Corporate Governance –the context – Socio-economic character of business- core values- business purpose- structural and organizational aspects- International experiences: Corporate governance in USA- UK - The agenda for India: Codes of Corporate Governance as recommended by the Confederation of Indian Industry (CII) for effective corporate Governance in India- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Level of Knowledge: Conceptual

Understanding Corporate Governance –the context – Socio-economic character of business- core values- business purpose- structural and organizational aspects- International experiences: Corporate governance in USA- UK - The agenda for India: Codes of Corporate Governance as recommended by the Confederation of Indian Industry (CII) for effective corporate Governance in India- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Digital skills are increasingly gaining importance in the workplace and research. The ability to be able to process and analyse large volume of structured and unstructured data is an essential skill to any graduate. This course gives a hands on learning experience on python programming for analysing data. This course enables students to analyse primary and secondary data through python libraries such as Pandas, Statsmodels and GARCH.

History of Python - Installing python and interacting with Python through Jupyter Notebooks– Python Prompt – Traceback – Handling Traceback- Writing a python program – variables – variable names and keywords –Operators and Operands- Expressions - Order of operations – String operations – taking inputs from users- Built in functions –Math functions – User defined functions – parameters and arguments – Void functions – Creating UDF for business applications – Loops - Updating variables – While Loops – Infinite Loops – for loops – counting and summing loops – Maximum and minimum loops 

History of Python - Installing python and interacting with Python through Jupyter Notebooks– Python Prompt – Traceback – Handling Traceback- Writing a python program – variables – variable names and keywords –Operators and Operands- Expressions - Order of operations – String operations – taking inputs from users- Built in functions –Math functions – User defined functions – parameters and arguments – Void functions – Creating UDF for business applications – Loops - Updating variables – While Loops – Infinite Loops – for loops – counting and summing loops – Maximum and minimum loops 

Pandas Library – installation – Reading CSV/Excel files - Data structures – series – DataFrame-index-Reindexing-operations between DataFrame and series – Function applications and Mapping – Functions by element, Row and Column -statistical functions.

Pandas Library – installation – Reading CSV/Excel files - Data structures – series – DataFrame-index-Reindexing-operations between DataFrame and series – Function applications and Mapping – Functions by element, Row and Column -statistical functions.

Data visualization libraries – Matplotlib, Seaborn, Plotly – 2D plots -Line plot- scatter plot- bar plot- pie plot- Histograms- cat plot – swarm plot – violin plot- joint plot - Multiple plots – handling dates for plots – 3D plots – surface and mesh plots

Project: Create a data visualization project in Kaggle 

Data visualization libraries – Matplotlib, Seaborn, Plotly – 2D plots -Line plot- scatter plot- bar plot- pie plot- Histograms- cat plot – swarm plot – violin plot- joint plot - Multiple plots – handling dates for plots – 3D plots – surface and mesh plots

Project: Create a data visualization project in Kaggle 

Data types – cross section – time series – panel data – analyse questionnaire responses in python - Statsmodels library -Assumptions of linear regression -  Estimating regression – interpreting results – diagnosing residuals – Corrections for auto correlation and Heteroskedasticity – Univariate time series forecasting with ARIMA models – diagnosing  ARIMA models – time series forecasting – Forecast evaluation.

Project : Building a forecast model for a stock index

Data types – cross section – time series – panel data – analyse questionnaire responses in python - Statsmodels library -Assumptions of linear regression -  Estimating regression – interpreting results – diagnosing residuals – Corrections for auto correlation and Heteroskedasticity – Univariate time series forecasting with ARIMA models – diagnosing  ARIMA models – time series forecasting – Forecast evaluation.

Project : Building a forecast model for a stock index

Granger causality test – assumptions – estimation and interpretation – Panel data estimation – Fixed effect model and Random effect model - Vector Auto Regression and Impulse Analysis – Varianc decomposition - GARCH library – Time varying volatility – Estimating volatility – ARCH – GARCH – TGARCH – EGARCH and PGARCH models estimation and interpretation.

Project : Build a volatility forecast model for financial asset

(Raters, 2019; Severence, 2016)

Granger causality test – assumptions – estimation and interpretation – Panel data estimation – Fixed effect model and Random effect model - Vector Auto Regression and Impulse Analysis – Varianc decomposition - GARCH library – Time varying volatility – Estimating volatility – ARCH – GARCH – TGARCH – EGARCH and PGARCH models estimation and interpretation.

Project : Build a volatility forecast model for financial asset

(Raters, 2019; Severence, 2016)

Raters, F. H. C. (2019). Python for Econometrics Learning Python for econometrics.

CIA2: 20% - DATA ANALYSIS PROJECTS AND PRESENTATION

CIA3: 20% - MODEL BUILDING PROJECTS AND PRESENTATION

ESE:35% FINAL ASSESSMENT 

ATTENDANCE 5%

Course Description:

This course provides the advanced and practical knowledge on assessment of various entities including Companies, Religious and Charitable trusts, Provisions of TDS and TCS, Computation of Interest, returns and assessments, Provisions pertaining to penalty and prosecutions. The course also outlines the tax considerations with regard to specific management decisions, foreign collaborations agreements, international taxation, amalgamations and tax incentives. As a perquisite to this course, student should know basic framework of Income tax Act, 1961 and various provisions with respect to computation of income and tax liability.

Level of Knowledge:  Conceptual & Analytical

Charitable Trusts and Religious Trusts: Conditions- Registration, Accumulation of Income, Exemption, Forfeiture of Exemption, treatment of Anonymous donations – Tax liability- (Sec 11- 12- 12AA & 13)- Income of political parties, Conditions for Exemption (Sec 13), Problems on Computation of Total Income and tax liability

Level of Knowledge:  Conceptual & Analytical

Charitable Trusts and Religious Trusts: Conditions- Registration, Accumulation of Income, Exemption, Forfeiture of Exemption, treatment of Anonymous donations – Tax liability- (Sec 11- 12- 12AA & 13)- Income of political parties, Conditions for Exemption (Sec 13), Problems on Computation of Total Income and tax liability

Level of Knowledge: Conceptual & Analytical

Assessment of Companies - Definitions- Carry forward and set off of losses- Minimum Alternate tax- Credit of MAT- Corporate dividend tax- Tax on income distributed to unit holders of UTI or mutual funds. Computation of total income and tax liability and interest liability- liability of liquidator- liability of directors of private company.

Level of Knowledge: Conceptual & Analytical

Assessment of Companies - Definitions- Carry forward and set off of losses- Minimum Alternate tax- Credit of MAT- Corporate dividend tax- Tax on income distributed to unit holders of UTI or mutual funds. Computation of total income and tax liability and interest liability- liability of liquidator- liability of directors of private company.

Level of Knowledge: Conceptual & Analytical

Restructuring of business; amalgamation- demerger- conversion of sole proprietor business into company- conversion of firms into companies- slump sale- transfer of assets between holding and subsidiary company- conversion of private company/ Unlisted public company into LLP, Tax planning in respect of managerial decision- buy or lease or financial management decisions.

Level of Knowledge: Conceptual & Analytical

Restructuring of business; amalgamation- demerger- conversion of sole proprietor business into company- conversion of firms into companies- slump sale- transfer of assets between holding and subsidiary company- conversion of private company/ Unlisted public company into LLP, Tax planning in respect of managerial decision- buy or lease or financial management decisions.

Level of Knowledge: Basic and Conceptual

Return of Income and assessment - PAN- Obligation to file- Types of returns- Self-assessment- Regular Assessment- Best judgment assessment- Income escaping assessment- assessment of Search Cases - Search and seizure- applicability of scheme- block period- undisclosed income- Procedure for assessment- Rate of tax- interest and penalty- time limit- appeal. Penalties and prosecutions- Concept of Mens-rea- Penalties- power to reduce penalties- procedure- compounding of offence- prosecutions.

Level of Knowledge: Basic and Conceptual

Return of Income and assessment - PAN- Obligation to file- Types of returns- Self-assessment- Regular Assessment- Best judgment assessment- Income escaping assessment- assessment of Search Cases - Search and seizure- applicability of scheme- block period- undisclosed income- Procedure for assessment- Rate of tax- interest and penalty- time limit- appeal. Penalties and prosecutions- Concept of Mens-rea- Penalties- power to reduce penalties- procedure- compounding of offence- prosecutions.

Level of Knowledge:  Conceptual & Analytical

Scheme of tax deduction at source- Deduction of tax from salary- Interest on securities- Interest other than interest on securities- Winning from lotteries- Horse races- contractors- insurance commission- sports association- rent- professional or technical services- payment to nonresidents- TDS on long term capital gain, Provisions with respect to Collection of tax at source.

Level of Knowledge:  Conceptual & Analytical

Scheme of tax deduction at source- Deduction of tax from salary- Interest on securities- Interest other than interest on securities- Winning from lotteries- Horse races- contractors- insurance commission- sports association- rent- professional or technical services- payment to nonresidents- TDS on long term capital gain, Provisions with respect to Collection of tax at source.

Level of Knowledge: Basic and Conceptual

a.  Income from international transactions- Arm’s length price and transfer pricing. Refunds- Advance Rulings- Purchase of immovable properties by Central Government Mode of acceptance and repayment of loans- Void Transfers.

b. Double Taxation relief- appeals- revision and reference- Agreement with foreign countries- countries with which no agreement exists. First appeal- Appellate Tribunal- appeals to Appellate tribunal- High court- Supreme court- revision by Commissioner.

Level of Knowledge: Basic and Conceptual

a.  Income from international transactions- Arm’s length price and transfer pricing. Refunds- Advance Rulings- Purchase of immovable properties by Central Government Mode of acceptance and repayment of loans- Void Transfers.

b. Double Taxation relief- appeals- revision and reference- Agreement with foreign countries- countries with which no agreement exists. First appeal- Appellate Tribunal- appeals to Appellate tribunal- High court- Supreme court- revision by Commissioner.

The course presents the fundamental principles that guide corporate financial decisions: investment appraisal (capital budgeting) and investment financing (debt vs. equity choice, or capital structure). The first part of the course introduces one critical financial concept: the time value of money, cost of capital, capital structure, capital budgeting decisions and financial modeling and forecasting. The second part discusses foreign exchange market, theories of forex rate movement and management of foreign exchange exposure The course concludes with the integration of both domestic finance and international finance

Level of Knowledge: Conceptual Knowledge

Introduction - Definition and Scope of Corporate Finance - Importance of Corporation finance - Finance function - Approaches to finance functions - Financial Management - Objectives of Financial Management 2– Wealth Maximization- Profit Maximization & Maximizing the Earning Per Share. A brief overview of the concept of Time Value of Money and its application in financial Management - Concept & Definition of Cost of Capital - Significance of Cost of Capital - Cost of Debt and Preference - Cost of Equity - Cost of Retained earnings - Determination of cost of Capital - Weighted Average Cost of Capital - Floatation cost and Weighted average cost of capital.

Level of Knowledge: Conceptual Knowledge

Introduction - Definition and Scope of Corporate Finance - Importance of Corporation finance - Finance function - Approaches to finance functions - Financial Management - Objectives of Financial Management 2– Wealth Maximization- Profit Maximization & Maximizing the Earning Per Share. A brief overview of the concept of Time Value of Money and its application in financial Management - Concept & Definition of Cost of Capital - Significance of Cost of Capital - Cost of Debt and Preference - Cost of Equity - Cost of Retained earnings - Determination of cost of Capital - Weighted Average Cost of Capital - Floatation cost and Weighted average cost of capital.

Level of Knowledge: Conceptual and Working Knowledge

 Concept of Capital Structure; Importance of Capital Structure - Assumptions of Capital Structure – Conceptual overview of theories of Capital Structure- Net Income Approach- Net Operating approach- Traditional Approach-- Essentials of a Sound Capital Structure - Optimum capital structure - Point of Indifference - Capital Structure Policies in Practice - Factors Determining Capital Structure - Leverages – Meaning- Significance of Leverages - Types of Leverages and Risk Factor- Relationship between leverage and Risk. Designing a Capital Structure.

Level of Knowledge: Conceptual and Working Knowledge

 Concept of Capital Structure; Importance of Capital Structure - Assumptions of Capital Structure – Conceptual overview of theories of Capital Structure- Net Income Approach- Net Operating approach- Traditional Approach-- Essentials of a Sound Capital Structure - Optimum capital structure - Point of Indifference - Capital Structure Policies in Practice - Factors Determining Capital Structure - Leverages – Meaning- Significance of Leverages - Types of Leverages and Risk Factor- Relationship between leverage and Risk. Designing a Capital Structure.

Level of Knowledge: Conceptual and Working Knowledge

Principles and Techniques Nature of Capital Budgeting; Identifying Relevant Cash Flows; Evaluation Techniques; Traditional Methods and Discounted Cash Flows Methods - Factors determining capital budgeting; Limitations of Capital Budgeting - Capital Budgeting Practices in India- - Investment Criteria- - Practical approach to methods of Evaluation of Investment decisions using Excel (Industry relevant); Analysis of Risk and Uncertainty in Capital Budgeting Description and Measurement of Risk; and Risk Evaluation Approaches-– Sensitivity Analysis- - Simulation Analysis- Decision Tree Analysis. (Practical Problems with case studies) (Industry relevant) - Ethical Aspect of Decision Making. Meaning; Concept; Objectives; Kinds of Working Capital; Operating Cycle; Importance of Working Capital; Dangers of Inadequate and Excessive Working Capital; Management of Working Capital; Factors determining Working capital - Estimation of Working Capital Requirement (problems)

Level of Knowledge: Conceptual and Working Knowledge

Principles and Techniques Nature of Capital Budgeting; Identifying Relevant Cash Flows; Evaluation Techniques; Traditional Methods and Discounted Cash Flows Methods - Factors determining capital budgeting; Limitations of Capital Budgeting - Capital Budgeting Practices in India- - Investment Criteria- - Practical approach to methods of Evaluation of Investment decisions using Excel (Industry relevant); Analysis of Risk and Uncertainty in Capital Budgeting Description and Measurement of Risk; and Risk Evaluation Approaches-– Sensitivity Analysis- - Simulation Analysis- Decision Tree Analysis. (Practical Problems with case studies) (Industry relevant) - Ethical Aspect of Decision Making. Meaning; Concept; Objectives; Kinds of Working Capital; Operating Cycle; Importance of Working Capital; Dangers of Inadequate and Excessive Working Capital; Management of Working Capital; Factors determining Working capital - Estimation of Working Capital Requirement (problems)

Level of Knowledge: Conceptual and Working Knowledge

Objectives of forecasting -Understanding business model- Basics of financial modeling - How to create a basic financial model- Case study and model discussion -Project Future Financial Statements.

Level of Knowledge: Conceptual and Working Knowledge

Objectives of forecasting -Understanding business model- Basics of financial modeling - How to create a basic financial model- Case study and model discussion -Project Future Financial Statements.

Level of Knowledge– Conceptual and Working Knowledge                    

Foreign exchange markets- spot markets- Functions of the foreign exchange market- the foreign exchange rates- arbitrage- cross rates of exchange- Bid-Ask spreads- forward market- Interest arbitrage- covered interest arbitrage and interest parity theory- Purchasing power parity- absolute purchasing power parity- relative purchasing power parity- International Fisher Effect- comparison PPP- IFE- and IRP theories

Level of Knowledge– Conceptual and Working Knowledge                    

Foreign exchange markets- spot markets- Functions of the foreign exchange market- the foreign exchange rates- arbitrage- cross rates of exchange- Bid-Ask spreads- forward market- Interest arbitrage- covered interest arbitrage and interest parity theory- Purchasing power parity- absolute purchasing power parity- relative purchasing power parity- International Fisher Effect- comparison PPP- IFE- and IRP theories

Level of Knowledge – Conceptual and Working Knowledge

Exchange risk- types of exposure- Translation exposure- Translation methods- functional versus reporting currency- comparison of four translation methods- Transaction Exposure- Measurement of transaction exposure- transaction exposure based on currency variability- managing transaction exposure- Risk management products- Hedging- currency correlation and variability as hedging tools- Economic Exposure- Transaction exposure versus economic exposure- measuring economic exposure- managing economic exposure- tools and techniques of foreign exchange risk management

Level of Knowledge – Conceptual and Working Knowledge

Exchange risk- types of exposure- Translation exposure- Translation methods- functional versus reporting currency- comparison of four translation methods- Transaction Exposure- Measurement of transaction exposure- transaction exposure based on currency variability- managing transaction exposure- Risk management products- Hedging- currency correlation and variability as hedging tools- Economic Exposure- Transaction exposure versus economic exposure- measuring economic exposure- managing economic exposure- tools and techniques of foreign exchange risk management

Course Description

This course introduces the essentials of investing in various avenues with focus being on equity share and bonds. The course enables the students to suggest different investment avenues based on different investment objectives and also to evaluate the worth of a security from a fundamental as well as technical perspective. Concepts of time value of money and capital market concepts are essential for understanding this course.

Structure of Indian Financial System - Objectives and Functions of Financial System- Financial markets – functions- classification- Primary Market - its role and functions-  Stock Exchanges in India: History and development- importance and functions- Stock exchanges- Bombay Stock Exchange- National Stock exchange- Role of SEBI in capital market- Global Securities Market-overview- Introduction to investment- Meaning of Investment- Investment v/s speculation- Investment process- investment categories- investment attributes- objectives of investments- types of investors- Hedging- Innovative financial instruments- Common pitfalls and tips for, Evolution of Fintech and its impact on financial markets.

Structure of Indian Financial System - Objectives and Functions of Financial System- Financial markets – functions- classification- Primary Market - its role and functions-  Stock Exchanges in India: History and development- importance and functions- Stock exchanges- Bombay Stock Exchange- National Stock exchange- Role of SEBI in capital market- Global Securities Market-overview- Introduction to investment- Meaning of Investment- Investment v/s speculation- Investment process- investment categories- investment attributes- objectives of investments- types of investors- Hedging- Innovative financial instruments- Common pitfalls and tips for, Evolution of Fintech and its impact on financial markets.

Meaning of risk & return –Types of risks-Components of return-Measuring historical return- measuring historical risk-Measuring expected return and risk-Concept of probability-Calculation of systematic risk-Beta calculation

Meaning of risk & return –Types of risks-Components of return-Measuring historical return- measuring historical risk-Measuring expected return and risk-Concept of probability-Calculation of systematic risk-Beta calculation

Concept of value-Meaning of Intrinsic value and time value concept (Only PV of single amount & PV of annuity)- Bond valuation- Current yield- YTM- YTC-Bond pricing theorems(specific only) Duration(simple problems). Equity valuation-1year and multiple year holding period-Constant growth model-Multiple growth model (only concept)

Concept of value-Meaning of Intrinsic value and time value concept (Only PV of single amount & PV of annuity)- Bond valuation- Current yield- YTM- YTC-Bond pricing theorems(specific only) Duration(simple problems). Equity valuation-1year and multiple year holding period-Constant growth model-Multiple growth model (only concept)

FundamentalAnalysis:

EIC analysis-Economic analysis-tools for economic analysis-Industry analysis-standard industrial classification- tools for industry analysis- quantitative industry analysis- company analysis-tools for company analysis.

Technical Analysis

Charting tools-charts-line charts-line and volume charts-reversal patterns-continuation patterns- bar chart- candlestick chart- point and figure chart- Dow Theory- Elliot wave theory-tools of technical analysis-market structure-and marketindicators.-Efficient Market Hypotheses

FundamentalAnalysis:

EIC analysis-Economic analysis-tools for economic analysis-Industry analysis-standard industrial classification- tools for industry analysis- quantitative industry analysis- company analysis-tools for company analysis.

Technical Analysis

Charting tools-charts-line charts-line and volume charts-reversal patterns-continuation patterns- bar chart- candlestick chart- point and figure chart- Dow Theory- Elliot wave theory-tools of technical analysis-market structure-and marketindicators.-Efficient Market Hypotheses

Introduction to Portfolio Management

Meaning of portfolio management-portfolio construction-approach & process of portfolio construction-Expected return and expected risk of a portfolio (2 securities only)

PortfolioTheory & Selection

Introduction to Portfolio Management

Meaning of portfolio management-portfolio construction-approach & process of portfolio construction-Expected return and expected risk of a portfolio (2 securities only)

PortfolioTheory & Selection

Growth investing-value investing-passive and active portfolio management-Rupee cost averaging formula plans-performance index-Portfolio revision-Sharpe‘s-Treynor‘s and Jensen‘s measures of portfolio evaluation- portfolio hedging.

Growth investing-value investing-passive and active portfolio management-Rupee cost averaging formula plans-performance index-Portfolio revision-Sharpe‘s-Treynor‘s and Jensen‘s measures of portfolio evaluation- portfolio hedging.

Kevin- S. (2015). Security Analysis and Portfolio Management. (2 ed.). New Delhi: PHI learning Pvt Ltd.

2.       Bhat- S. (2008). Security analysis and portfolio management. (1 ed.). New Delhi: Excel Books.

3.       Fischer- D. E.-& Ronald J.- J. (1994). Security analysis and portfolio management. (5 ed.). New Delhi: Prentice-Hall of India.

4.       Chandra. (2017). Security Analysis and Portfolio Management. (5 ed).New Delhi: Tata McGraw Hill Publishing company.

5.    Ranganatham- M.-& Madhumathi- R. (2004). Investment analysis and portfolio management. (4 ed.).      New Delhi: Pearson Education

Strategic Cost Management provides the in-depth knowledge of advanced approach of cost management to enable students to apply costing techniques to assist management for taking appropriate management decisions. The subject equips students to apply various techniques for cost control and cost reduction in an organization and understand the application of  Activity Based Costing, Life Cycle Costing, Pricing Decisions, Transfer Pricing, Balanced Scorecard and Benchmarking.

Level of Knowledge: Conceptual

Meaning, Process, Methods and Techniques of Cost Control and Cost Reduction. Cost Management, Difference between Cost Management and Cost Accounting, Role of Cost Accounting in Strategic Planning and Management Control. Strategic Cost Management, concept, importance, core functions and support functions and its framework of techniques.

Level of Knowledge: Conceptual

Meaning, Process, Methods and Techniques of Cost Control and Cost Reduction. Cost Management, Difference between Cost Management and Cost Accounting, Role of Cost Accounting in Strategic Planning and Management Control. Strategic Cost Management, concept, importance, core functions and support functions and its framework of techniques.

Level of Knowledge: Conceptual & Analytical Knowledge

Introduction to traditional methods of overhead absorption, problems of overhead absorption system under the traditional system, Introduction to ABC, Kalpan and Coopers Approach to ABC, Cost drivers and Cost activities, Allocation of Overheads under ABC, characteristics of ABC, benefits from the adoption of ABC System – Practical Problems

Level of Knowledge: Conceptual & Analytical Knowledge

Introduction to traditional methods of overhead absorption, problems of overhead absorption system under the traditional system, Introduction to ABC, Kalpan and Coopers Approach to ABC, Cost drivers and Cost activities, Allocation of Overheads under ABC, characteristics of ABC, benefits from the adoption of ABC System – Practical Problems

Level of Knowledge: Conceptual & Analytical Knowledge

Meaning of Life Cycle Costing, Factors affecting LCC, phases in product life cycle, characteristics, Product Life Cycle and Cost Control. Experience Curve in Product Life Cycle Costing. Project Life Cycle Costing Meaning, categories of project life cycle costs, optimization of project life cycle costs – Practical Problems           

Level of Knowledge: Conceptual & Analytical Knowledge

Meaning of Life Cycle Costing, Factors affecting LCC, phases in product life cycle, characteristics, Product Life Cycle and Cost Control. Experience Curve in Product Life Cycle Costing. Project Life Cycle Costing Meaning, categories of project life cycle costs, optimization of project life cycle costs – Practical Problems           

Level of Knowledge: Conceptual & Analytical Knowledge

Meaning, objectives of Pricing Policy, Importance, factors influencing pricing decision, cost of Product Pricing, Cost vs. Prices, Pricing methods based on costs, Cost-Plus Method, Estimated Costs. Factors for pricing in export market, Price below Costs, Preparation of Tender, Conversion Costs Method, return on Investment Method, Learning Curve Method. Pareto Analysis – Practical Problems

Level of Knowledge: Conceptual & Analytical Knowledge

Meaning, objectives of Pricing Policy, Importance, factors influencing pricing decision, cost of Product Pricing, Cost vs. Prices, Pricing methods based on costs, Cost-Plus Method, Estimated Costs. Factors for pricing in export market, Price below Costs, Preparation of Tender, Conversion Costs Method, return on Investment Method, Learning Curve Method. Pareto Analysis – Practical Problems

Level of Knowledge: Conceptual & Analytical Knowledge

Objectives of transfer pricing, methods of transfer pricing, Total Cost Method, Marginal Cost Method, Market Price Method and Bargained Price Method. Transfer Pricing in International Business – Financial and Strategic Aspects – Practical Problems.

Level of Knowledge: Conceptual & Analytical Knowledge

Objectives of transfer pricing, methods of transfer pricing, Total Cost Method, Marginal Cost Method, Market Price Method and Bargained Price Method. Transfer Pricing in International Business – Financial and Strategic Aspects – Practical Problems.

Level of Knowledge: Conceptual & Application Knowledge

Balanced Score Card, Introduction, drawback of traditional financial measures, attributes to good performance measurement system, Concepts of BSC, perspectives and implementation of BSC.

Benchmarking- Concepts, Process, Impact on Industry, Types of Benchmarking and case studies on Bench Marking.

Level of Knowledge: Conceptual & Application Knowledge

Balanced Score Card, Introduction, drawback of traditional financial measures, attributes to good performance measurement system, Concepts of BSC, perspectives and implementation of BSC.

Benchmarking- Concepts, Process, Impact on Industry, Types of Benchmarking and case studies on Bench Marking.

1.       Jain. S.P, Narang, K. L & Simmi Agrawal (2018).Advanced Cost Accounting (13ed.). Delhi, India: Kalyani Publishers.

2.      Jawahar Lal, (2018). Strategic Cost Management. Mumbai, India: Himalaya Publishing House.

2.       Arora M N, (2018). Cost Accounting. Mumbai, India: Himalaya Publishing House.

CAT- Corporate and Academic Training is introduced for scaling up the students’ skills & talents by encouraging participation and vibrancy among them. The course delivery comprises 4 sessions in a month that covers preparing the students for competitive exams like NET/JRF, aptitude tests and logical reasoning and other skills that also help in increasing their chances for corporate placements.

CAT student coordinators prepare for aptitude and ensure that the same is taught in class.

CAT student coordinators prepare for aptitude and ensure that the same is taught in class.

Department faculties will ensure to train for NET/JRF (Paper 1 and Paper 2)

Department faculties will ensure to train for NET/JRF (Paper 1 and Paper 2)

External trainers to train for Corporate hiring

External trainers to train for Corporate hiring

Grades and credits will be awarded based on the following assessment

Assessments are made in the last week of the respective months based on the sessions conducted from week 1-3, Average of all the assessments conducted will reflect on the marks card as grades/credits.

Research Reporting’ is a course aimed at bringing out a research article publication in collaboration with a faculty mentor. Research Article writing for publication is done in groups of two students. Students can opt to do it individually too. The research article for publication should have been submitted before the end of the semester. This course carries 50 marks.

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·         Meeting the Research Mentor–                 10 Marks

·         Library Usage (30 Hours) &

          Research Hour engagement  –                  10 Marks

·         Analysis & Finding of the Research –      15 Marks

·         Writing the manuscript of the article-      10 Marks

·         Submission of article for publication-      05 Marks

 This course is designed to give a real time exposure to teaching field to the students under the supervision of faculty mentors. 

 Specifically, the student will:

1. Thirty hours of teaching assignments for UG classes shall be undertaken by each student during the 3rd and 4th semester
2. Each student shall be under the supervision of a faculty mentor/guide.
3. The 30 hours may be distributed among 3 or 4 subjects- which shall be a combination of theory and problem based papers.
4. A Structured Plan stating the Topic- Objectives- Methodology and Evaluation shall be prepared in advance by the student for each class session and submitted to the faculty mentor/guide.
5. Faculty guides shall maintain an assessment register for their respective students and record assessment for each session on the given parameters.

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Assessment Criteria:

Total marks cumulated as 1500 for 30 hours will be converted into 50 marks.

Strategic Management and Policy Making is a paper by research. It introduces core concepts of strategic management such as strategy formulation- implementation and control. The course will provide an integrated approach and allow students to bring together all their learned functional skills (i.e.- accounting- finance- marketing- etc.) and use them to study organizational problems within the context of real-world business case studies. Being a paper by research it will help the students to enhance their research skills.

Besides the regular classroom discussions and presentations, this subject is designed to be learner-centric through case discussions, peer learning, and case writing.  The guest lectures, the cumulative scores of the fieldwork and the formative assessments (in 8 modules), and alumni engagement make this experiential learning, consultancy-driven knowledge creation through case study research and case development. This eventually leads to research-driven case publications at the end of this semester.

Overview of Strategic Management– Nature & Scope- Defining Strategy- Concept of Strategic Management – Characteristics of Strategic Management- Approaches to Strategic Decision- making - Elements in Strategic Management Process.

Overview of Strategic Management– Nature & Scope- Defining Strategy- Concept of Strategic Management – Characteristics of Strategic Management- Approaches to Strategic Decision- making - Elements in Strategic Management Process.

Strategy Formulation– Corporate level Strategy- Corporate vision- mission and objectives- Types of strategies- Guidelines for crafting successful business strategies- Strategy formulation Process & Tools.

Strategy Formulation– Corporate level Strategy- Corporate vision- mission and objectives- Types of strategies- Guidelines for crafting successful business strategies- Strategy formulation Process & Tools.

Environment of Strategic Management- Environmental Analysis- External Environment– Social- Technological- Economic & Political Environment– Internal Environment– Resource Based Strategy– Approaches to Internal Analysis- SWOT Analysis– GAP Analysis- VRIO Framework, Blue Ocean Strategy, QUEST- Porter's Five Forces Model of Competition- Competitive Advantage– Core Competency-Ansoff Matrix.

Environment of Strategic Management- Environmental Analysis- External Environment– Social- Technological- Economic & Political Environment– Internal Environment– Resource Based Strategy– Approaches to Internal Analysis- SWOT Analysis– GAP Analysis- VRIO Framework, Blue Ocean Strategy, QUEST- Porter's Five Forces Model of Competition- Competitive Advantage– Core Competency-Ansoff Matrix.

Strategic Business Units (SBU) - Operational Strategy– Financial Strategy– Marketing Strategy– Human Resource Strategy.

Strategic Business Units (SBU) - Operational Strategy– Financial Strategy– Marketing Strategy– Human Resource Strategy.

Strategy Implementation- Issues in implementation- Project implementation- Procedural Implementation- Resource Allocation- Budgets- Organization Structure- Matching structure and strategy- Behavioural issues- Leadership style- Corporate Culture- Values- Power- Social Responsibilities- Ethics- Building a capable organization- Functional issues.

Strategy Implementation- Issues in implementation- Project implementation- Procedural Implementation- Resource Allocation- Budgets- Organization Structure- Matching structure and strategy- Behavioural issues- Leadership style- Corporate Culture- Values- Power- Social Responsibilities- Ethics- Building a capable organization- Functional issues.

Strategy Evaluation & Control - Importance - Symptoms of malfunctioning of strategy – Establishing Strategic Controls - Operations Control and Strategic Control - Role of organizational systems in evaluation-Balance score card for evaluation.

Strategy Evaluation & Control - Importance - Symptoms of malfunctioning of strategy – Establishing Strategic Controls - Operations Control and Strategic Control - Role of organizational systems in evaluation-Balance score card for evaluation.

Implementing Strategic Change – Need for change- Strategic alternatives – Diversifications- Mergers and Acquisitions – Turnaround- Divestment and Liquidation strategies.

Implementing Strategic Change – Need for change- Strategic alternatives – Diversifications- Mergers and Acquisitions – Turnaround- Divestment and Liquidation strategies.

Emerging issues in strategic management- Social audit- Corporate transparency– Corporate Governance. Case studies on environmental concerns.

Emerging issues in strategic management- Social audit- Corporate transparency– Corporate Governance. Case studies on environmental concerns.

2. S.C. Bhattacharya.(2005)Strategic Management – Concepts &Cases( 4 ed.).New Delhi: Wheeler Publishing.

Continuous Internal Assessment (6-7 Phases of Case Research Development after each module completion)

Summative Assessment (30%):

Case Presentation & Viva 

Machine learning has emerged as one of the sought-after skill each student shall possess before entering the workforce. Python has been the choice of corporates and data scientists for machine learning projects. This course is intended to train the students, concepts and the procedure to apply Python Language and Machine Learning tools to solve business problems. The course encompasses a combination of supervised and unsupervised machine learning techniques. The tools learned in this course can be applied in research and in the workplace. 

Data mining and Machine learning – Machine learning and statistics – Data mining and ethics – Python data structures – lists – dictionaries – data frames – pandas - Data types – types of variables – continuous – discrete – nominal - ordinal– Instances – features and target - Visualization of data with Seaborn library- types of plots – automating plot generation with for loops - Data preprocessing – handling missing values – scaling data – handing text data – encoding - data split - Training, Validation and Test data set

Data mining and Machine learning – Machine learning and statistics – Data mining and ethics – Python data structures – lists – dictionaries – data frames – pandas - Data types – types of variables – continuous – discrete – nominal - ordinal– Instances – features and target - Visualization of data with Seaborn library- types of plots – automating plot generation with for loops - Data preprocessing – handling missing values – scaling data – handing text data – encoding - data split - Training, Validation and Test data set

Classification Algorithms with Scikit Learn library – probit - Decision trees – Pruning of a tree - Random forests – K-Nearest Neighbors – Support Vector Machines - Gradient Boosting Classifier –XGBClassifier – CatBoost Classifier - Classification report – Accuracy – Recall – Precision- F1- Score – confusion matrix – cross-validation – hyperparameter tuning – GridSearchCv algorithm.

Practical exercises: HR Attrition prediction, Fraud detection, Loan Application processing

Classification Algorithms with Scikit Learn library – probit - Decision trees – Pruning of a tree - Random forests – K-Nearest Neighbors – Support Vector Machines - Gradient Boosting Classifier –XGBClassifier – CatBoost Classifier - Classification report – Accuracy – Recall – Precision- F1- Score – confusion matrix – cross-validation – hyperparameter tuning – GridSearchCv algorithm.

Practical exercises: HR Attrition prediction, Fraud detection, Loan Application processing

Linear Regression - OLS- Random Forest Regressor- Gradient Boosting Regression – XGBRegressor - Ensemble methods – Bagging – Boosting – ADA Boosting –Performance evaluation - MAE – MSE MAPE –– Time series forecasting with time feature extraction –- Neural Networks - Structure of an NN – Deep learning introduction – LSTM and CNN Practical Exercises Airline passenger number forecasting – Sales forecasting – Stock price forecasting- House price prediction

Linear Regression - OLS- Random Forest Regressor- Gradient Boosting Regression – XGBRegressor - Ensemble methods – Bagging – Boosting – ADA Boosting –Performance evaluation - MAE – MSE MAPE –– Time series forecasting with time feature extraction –- Neural Networks - Structure of an NN – Deep learning introduction – LSTM and CNN Practical Exercises Airline passenger number forecasting – Sales forecasting – Stock price forecasting- House price prediction

Clustering – Choosing the number of clusters – Hierarchical Clustering – Incremental Clustering – Probability based clustering – EM Algorithm – Bayesian Clustering – K means clustering. Practical Exercises: Customer Segmentation, Glass Type clustering.

Clustering – Choosing the number of clusters – Hierarchical Clustering – Incremental Clustering – Probability based clustering – EM Algorithm – Bayesian Clustering – K means clustering. Practical Exercises: Customer Segmentation, Glass Type clustering.

Introduction to text mining and analytics - python text mining methods – tweets data analytics – natural language processing – Natural Language Tool Kit library- frequency distribution – normalization – normalization and stemming words- lemmatization – tokenization – Text classification and sentiment analysis

Practical Exercise: marketing analytics with tweet sentiment analysis and classification

Introduction to text mining and analytics - python text mining methods – tweets data analytics – natural language processing – Natural Language Tool Kit library- frequency distribution – normalization – normalization and stemming words- lemmatization – tokenization – Text classification and sentiment analysis

Practical Exercise: marketing analytics with tweet sentiment analysis and classification

 Course Description:

This course is tailored to strengthen the business acumen of the students in the areas of finance and investment. Students studying this paper specialize in the various aspects of behavioural finance. Various types of investment behaviour that could affect the investment decision. As a prerequisite, the students should have basic knowledge about the concepts relating to behavioural aspects of Investment Management, various avenues and tax planning methods of various stakeholders.

Level of Knowledge: Conceptual and Basic

Meaning-nature-scope & history of Behavioural finance- Behavioural finance & Standard finance- Behaviour and decision making-Financial decision making-Expected Utility theory- Criticisms of Efficient Market Hypothesis (EMH)

Level of Knowledge: Conceptual and Basic

Meaning-nature-scope & history of Behavioural finance- Behavioural finance & Standard finance- Behaviour and decision making-Financial decision making-Expected Utility theory- Criticisms of Efficient Market Hypothesis (EMH)

Level of Knowledge:  Conceptual

Prospect theory- application of prospect theory- Asymmetric information- Egocentricity -

Human Behavioural Theories - Heuristics (Representativeness Heuristic, Availability Heuristic)

- Deficient Market Hypothesis- Biases: Emotional Bias (Endowment Effect, Loss Aversion, Disposition Effect, Statistical Bias), Cognitive Bias- Cognitive Bias (Confirmation Bias, Familiarity Bias, Overconfidence, Anchoring, Reference Price Effect)

Level of Knowledge:  Conceptual

Prospect theory- application of prospect theory- Asymmetric information- Egocentricity -

Human Behavioural Theories - Heuristics (Representativeness Heuristic, Availability Heuristic)

- Deficient Market Hypothesis- Biases: Emotional Bias (Endowment Effect, Loss Aversion, Disposition Effect, Statistical Bias), Cognitive Bias- Cognitive Bias (Confirmation Bias, Familiarity Bias, Overconfidence, Anchoring, Reference Price Effect)

Disjunction Effect, Self-deception, Neurofinance (introduction only); Mental Accounting, Self- control, Regret avoidance and Cognitive dissonance, Representativeness and Availability, Anchoring and Belief perseverance, Overconfidence, Optimism and wishful thinking, Overreaction and Conservatism, Self attribution, Recency bias.

Interaction Between Biases - Outcomes Of Biases - Intermediate Outcomes - Final Outcomes- Dealing With Biases - Overcoming The Biases – De-biasing (Identification of Potential Bias, Considering Techniques to Lower the Impact, Evaluation of Selected Technique)

Disjunction Effect, Self-deception, Neurofinance (introduction only); Mental Accounting, Self- control, Regret avoidance and Cognitive dissonance, Representativeness and Availability, Anchoring and Belief perseverance, Overconfidence, Optimism and wishful thinking, Overreaction and Conservatism, Self attribution, Recency bias.

Interaction Between Biases - Outcomes Of Biases - Intermediate Outcomes - Final Outcomes- Dealing With Biases - Overcoming The Biases – De-biasing (Identification of Potential Bias, Considering Techniques to Lower the Impact, Evaluation of Selected Technique)

Level of Knowledge: Conceptual

Fundamental anomalies, Accounting Based Anomalies, Calendar Anomalies, Technical anomalies: Value v/s Growth, size, equity premium myopia.

Level of Knowledge: Conceptual

Fundamental anomalies, Accounting Based Anomalies, Calendar Anomalies, Technical anomalies: Value v/s Growth, size, equity premium myopia.

Level of Knowledge: Conceptual

Identification and causes, investor behaviour during bubbles, case study of prominent market bubbles/scams. Introduction to Behavioural Corporate Finance.

Level of Knowledge: Conceptual

Identification and causes, investor behaviour during bubbles, case study of prominent market bubbles/scams. Introduction to Behavioural Corporate Finance.

Level of Knowledge:  Conceptual and Basic

Corporate finance from a behavioural perspective- rational managers in efficient markets- market timing- catering- managerial biases in efficient markets

Level of Knowledge:  Conceptual and Basic

Corporate finance from a behavioural perspective- rational managers in efficient markets- market timing- catering- managerial biases in efficient markets

Sulphey, M. M.: Introduction to Behavioural Finance, PHI Learning P. Ltd., New Delhi

Paragh Parikh, Value Investing and Behavioural Finance, Tata McGraw-Hill.

Lucy A. Akert and Richard Deaves, Understanding Behavioural Finance- Cengage Learning.

Course Description

This course is offered as an Accounting and Taxation elective. Strategic Cost Management provides the in-depth knowledge of advanced approach of cost management to enable students to apply costing techniques to assist management for taking appropriate management decisions. The subject equips students to apply various techniques for cost control and cost reduction in an organization and understand the application of  Activity Based Costing, Life Cycle Costing, Pricing Decisions, Transfer Pricing, Balanced Scorecard and Benchmarking.

Level of Knowledge: Conceptual

Meaning, Process, Methods and Techniques of Cost Control and Cost Reduction. Cost Management, Difference between Cost Management and Cost Accounting, Role of Cost Accounting in Strategic Planning and Management Control. Strategic Cost Management, concept, importance, core functions and support functions and its framework of techniques.

Level of Knowledge: Conceptual

Meaning, Process, Methods and Techniques of Cost Control and Cost Reduction. Cost Management, Difference between Cost Management and Cost Accounting, Role of Cost Accounting in Strategic Planning and Management Control. Strategic Cost Management, concept, importance, core functions and support functions and its framework of techniques.