B.Com.

4-year (Honours / Honours with Research) Curricula and

Syllabi (under CCF, 2022)
Course Structure
for the 4-Year Under Graduate (B.Com.)Programme under NEP, 2020
recommended by UGBOS in Commerce, CU (based on the discussion with the
teachers of the affiliated Colleges in the Workshops held on 17.6.23,
17.10.2023 & 11.6.24)
Semester Major Minor Inter AEC** SEC VAC** Intern- Dissertation / Total
(I – VIII) (Core) 32 /Multi- 8 12 8 ship Research Credit
88 Credits Disciplinary Credits Credits Credits 3 Project (12 (172
Credits (8 (IDC / (4 (3 (2 Credits Credits or (3 Credits)
(22 papers MDC) papers papers papers papers x 4
Papers x4 9 Credits x2 x4 x4 Credits)
x4 credits) (3 papers x credits) credits) credits)
credits) 3 credits)
I 1x4 =4 1x4=4 1x3=3 1x2=2 1x4=4 2+2=4 21
(ENG
1)
II 1x4 =4 1x4=4 1x3=3 1x2=2 1x4=4 2+2=4 3# 21 + 3
(Eng #
2)
III 2x4=8 1x4=4 1x3=3 1x2=2 1x4=4 21
(MIL
1)

IV 4x4=16 1x4=4 1 x2=2 3# 22 + 3

(MIL #
2)
V 3x4=12 2x4=8 20
VI 4x4=16 2x4=8 3# 24 + 3
#
VII 4x4=16 1x4=4 20
(Research
Method)
4 Credits and

VIII 3x4=12 Research 20

/Dissertation
8 Credits
Or *2 Papers
x 4 Credits=8
Total for 8 22 x 4 8x4= 3x3= 4x2= 3x4= 2x4= 169 +
Semesters = 88 32 9 8 12 8 3# 12 3 #=
172
**AEC and VAC Papers are Common for All UG Programmes (B.A., B.Sc., B.Com)

VAC: Semester 1 -- ENVS + Constitutional Values (2+2); Semester 2 – ENVS + one from pool of
subjects (2+2)

1
# Students are to complete Internship before exit.

B.Com. 4-Year Course (under CCF, 2022)

Distribution of Courses across the Semesters
Total Credits :172 (169 + Internship 3) over 4 Years (8 Semesters)
Semester I
(Semester 1 & 2 Structure and Syllabi have been notified through CSR/13/2023)
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 Major (Core) Financial Accounting I (3 TH + 1 TU) 4 4
1 Paper

2 Minor Principles and Practice of Management 4 4

1 paper (3 TH + 1 TU)
3 Inter/Multi- Microeconmics (2 TH + 1 TU) 3 3
Disciplinary
(IDC/MDC)
1 paper
4 Ability English – I* 2 2
Enhancement
Course (AEC)
5 Skill Entrepreneurship Development (3 TH + 1 TU) 4 4
Enhancement
Course (SEC)
6 Value Added Environmental Studies*- 2 4* 4*
Course Constitutional Values - 2
(VAC)*
7 Summer --
Internship
21 21
*AEC and VAC are common to all UG Programme (BA,BSc,BCom).

Semester II
(Semester 1 & 2 Structure and Syllabi have been notified through CSR/13/2023)

Sl.No. Paper / Subject Credit of Total

the Paper Credit
1 Major (Core) Cost Accounting I(3 TH + 1 TU) 4 4
1 Paper

2 Minor Marketing Management and Human 4 4

1 paper Resource Management (3 TH + 1 TU)

3 Inter/Multi- Macroeconomics (2 TH + 1 TU) 3 3

Disciplinary
(IDC/MDC)
1 paper

2
 4 Ability English -2 * 2 2
Enhancement
Course (AEC)
5 Skill Enhancement IT & its Application in Business 4 4
Course (SEC) (2 TH + 2 P)
6 Value Added Course Environmental Studies – 2 4 4
(VAC)* Any one from the pool of subjects – 2
7 Summer -- 3# 3#
Internship**
21+ 3# 21+ 3#
*AEC and VAC are common to all UG Programmes

Semester III
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 Major (Core) Cost Accounting -II (3 Th+ 1TU) 4 8
2 Papers Direct Tax I(3 TH + 1 TU) 4

2 Minor M1: Consumer Behaviour (3 Th+ 1TU) 4 4

1 paper OR e-B1: Fundamentals of Information 4
[M1 or eB1] System
(3 TH + 1 TU)
3 Inter /Multi- Indian Economic Environment (2 Th+ 3 3
Disciplinary 1TU)
(IDC / MDC) 1 Paper

4 Ability MIL – 1 2 2
Enhancement
Course (AEC)
5 Skill Enhancement Computerized Accounting and 4 4
Course (SEC) Introduction to Data Science (Practical-
4 P)
6 Value Added Course -- -- --
(VAC)*
7 Summer -- 3# 3#
Internship**
8 Research Project --
21+ 3# 21+ 3#
*AEC common to all UG Programmes21

SEMESTER III
Major (Core)Paper 3
Cost Accounting -II
Full Marks 100
Credit of the Paper: 4
Semester-end Examination (Credit 3): 75 marks

3
 Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks
Lecture
Unit Topic Content
Hours
Cost Book-keeping
Non-Integrated System: Meaning & Features; Ledgers Maintained;
Cost Book-keeping Accounts prepared; General/Cost Ledger Adjustment Account;
1 Meaning of Closing Balance in Various Accounts; Disadvantages.
10
Reconciliation: Need for reconciliation; Items causing differences
between Cost and Financial Profits and their reconciliation.
Problems of traditional costing; meaning of Activity Based
Activity Based
2 Costing; cost analysis under ABC; application of ABC (Simple 8
Costing problems)
Job Costing (Job cost cards and databases, Collecting direct costs
of each job, Attributing overhead costs to jobs, Applications of job
costing), Batch Costing- Basic Concepts
Contract Costing - Progress payments, Retention money,
3 Costing Methods-I 18
Escalation clause, Contract accounts, Accounting for material,
Accounting for plant used in a contract, Contract Profit, valuation
of Work-in-progress.
Service Costing - Introduction; Transport only
Process Costing: Meaning, Features, Process vs Job Costing,
Principles of cost ascertainment for Materials, Labour&
Overhead; Normal loss, Abnormal loss and gain and preparation
4 Costing Methods-II of process accounts. 18
Inter-process profit.
Valuation of WIP (under FIFO & Average) and Equivalent units
(excluding intermediary process).
Meaning, treatment and apportionment of cost;
Joint Product & By
5
product
valuation of stock and decision relating to further 6
processing
60
Suggested Readings
• Horngren, Foster, Datar, et al., Cost Accounting,- A Managerial Emphasis, Pearson
• B.Banerjee, Cost Accounting, PHI
• Jawahar Lal & Seema Srivastava, Cost Accounting, TMH
• M.Y.Khan&P.K.Jain, Management Accounting, TMH
• Atkinson, Management Accounting, Pearson
• Bhattacharyya, Ashish K., Cost Accounting for Business Manageres, Elsevier
• Ravi M Kishore, Cost and management Accounting, Taxmann
• Bhattacharyya, D., Cost & Management Accounting II for Students, Law Point
• Gupta, S., Cost Accounting, Taxmann
• Hanif, M., Cost and Managment Accounting, TMH
• Mitra, J.K., Cost and Management Accounting, Oxford
• Drury, C., Management and Cost Accounting, Cengage
• Basu, Amitabha, Cost & Management Accounting II, Tee Dee Publications

4
 SEMESTER III
Major (Core) Paper 4
Direct Tax I
Full Marks 100
Credit of the Paper: 4
Semester-end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks

Un : a) Basic Concepts &Definitions Under IT Act.

it 1
Assessee, Previous year, Assessment year, Person, Income, Total Income, Sources
of Income, Heads of income, Gross Total Income, Tax Evasion, Tax Avoidance,
Tax Planning, Tax Management.
b) Residential status and incidence of Tax
Determination of residential status of an individual, Incidence of tax on the basis of
residential status.
Lecture Hours – 8
Un : a) Incomes which do not form part of Total Income
it 2
10(1), 10(2), 10(2A), 10(5). 10(7), 10(10), 10(10A), 10(10AA), 10(10D), 10(11),
10(12), 10(13A), 10(14), 10(15), 10(16), 10(17), 10(32).
b)AgriculturalIncome
Definition, Determination of agricultural and non-agricultural income, Partial
integration of agricultural and non-agricultural income (concept only).
Lecture Hours – 5
Un : Heads of Income and provisions governing Heads of Income : Salaries
it 3
Chargeability, Scale of pay, Net Salary, Bonus, Commission, Allowances,
Perquisites, Profits in lieu of Salary, Deductions U/S16, Provident Fund, Gratuity,
Pension, Commutation of Pension, Leave Salary, Application of Sec 115 BAC,
Computation of Income from Salary. Lecture Hours - 15
Un : Heads of Income and provisions governing Heads of Income : Income from
it 4 House Property
Chargeability, Annual Value, Deductions U/S24 read with Sec 25, Special
Provision for arrears of rent and subsequent receipt of unrealised rent, Computation
of income from house property: let out, self occupied and used for own business.
Lecture Hours – 12
Un : Heads of Income and provisions governing Heads of Income
it 5
a) Profits and Gains of Business or Profession

5
Business and Profession – meaning, chargeability, Special emphasis on Sec 30, 31,
32, 35, 35D, 36(1) (ib), (ii), (iii), (iv), (vii), 37(1), 37(2B), 40A(2), 40A(3), 43B,
Computation of Profits and gains of Business or Profession.
b) Capital gains
Chargeability, Meaning and types of Capital assets and Capital gains, Basic concept
of transfer, Cost of acquisition, Cost of improvement, Concept of indexation,
Exemptions U/S 54, 54B, 54EC, 54F, Computation of Short Term Capital Gains
and Long Term Capital Gains, Capital gains on transfer of bonus and right shares.
c) Income from other sources
Chargeability, Incomes taxable under the head excluding deemed dividend and
gifts, Computation of income from other sources.
Lecture Hours - 20
(If any new provisions are enacted in place of the existing provisions, the syllabus will accordingly include
such new provisions in place of existing provisions,notified six months before the commencement of
semester. Similarly if any existing provision becomes redundant due to changes, it will be left out of the
syllabus)

Suggested Readings
• Singhnia V.K., and Singhania M, Students’ Guide to Income Tax, Taxmann
• Ahuja and Gupta, Systematic Approach to Taxation, Commercial Law Publishers
(India)
• Bangar and Bangar, Comprehensive Guide to Taxation, Part I, Aadhya Prakasan
• Mundhra and Mundhra, Prayas Taxation 1, Law Point
• Bhadra & Satpati, Direct Tax I (English & Bengali), Dishari Prakashani I
• Das & BasuMallik,Direct Tax I, The Elegant Publications

Sem III
Minor Paper 3 (Elective)
Consumer Behaviour (M1)
Full Marks: 100
Credit of the Paper 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1 :Consumer Behaviour

Lecture Hours -12
• Concept and importance of Consumer Behaviour
• Consumer Behaviour Model
o Nicosia Model
o Howard Sheth Model
• Marketing Ethics

Unit 2 :Determinants of Consumer Behaviour

Lecture Hours -12
• Consumer as an Individual, Need, Motivation

6
 • Personality, Perception, Learning Attitude
• Communication persuasion
• Consumers in their Social & Cultural Setting, the family, Social Class,
Cross-Cultural Consumer Behaviour

Unit3:Consumer Decision-making Process

Lecture Hours -12
• Personal and Societal Influence & Opinion
• Consumer decision making process (Product: Goods & Services)

Unit 4 :Consumer Behaviour& Society

Lecture Hours -12
• Health–care Marketing
• Political Marketing
• Social Marketing
• Environmental Marketing
• Public Policy & Consumer Protection

Unit 5 :Consumer Behaviour and Market Research

Lecture Hours -12
• Relevance of Marketing Information System
• Market Research in assessing Consumer Behaviour

Suggested Readings:
Suhiffman& Kanuk, Consumer Behaviour, PHI
Loudon & Bitta, Consumer Behaviour, TMH
Bennet &Kassarjian, Consumer Behaviour, PHI
Batra & Kazmi, Consumer Behaviour, Text & Cases, Excel
Books
Beri, Marketing Research, TMH
• Bradley, Marketing Research. Oxford University Press

SEMESTER III
Minor Paper 3 (Elective)
FUNDAMENTALS OF INFORMATION SYSTEM (e-B 1)
Full Marks: 100
Credit of the Paper 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks

Unit 1. Information System: Concept, Dimensions of Information System, Usefulness,

Types of Information System like MIS, AIS, DSS, GDSS, EIS, KES etc and their functions,

7
Approaches to Information System, The Information Systems Function in Business,
Organizing the Information Systems Function Lecture Hours - 5

Unit2. Enterprise System: Concept, Functions, Usefulness, Enterprise Software, Business

Value of Enterprise System, Enterprise Resource Planning (ERP) System, Need of ERP,
ERP Life Cycle, Types of Reports generated in ERP, Modules of ERP, Supply Chain,
Information System & Supply Chain Management, e-SCM, Supply Chain Management
Software, Information System & Customer Relationship Management, e-CRM, Customer
Relationship Management Software, Operational and Analytical CRM, Information System
& Human Resource Management System , e-HRMS, HRMS Software, Enterprise
Application, Opportunities and Challenges Lecture Hours - 15

Unit 3. Number System: Binary, Octal, Hexadecimal, Algorithm. Flowcharts- Concepts;

advantages and disadvantages of flowcharts, Problem solving using flowcharts. Decision
Tables - Concepts, advantages and disadvantages of decision tables, Problem solving using
decision tables. Lecture Hours - 5

Unit 4. Knowledge Management System: Dimensions of Knowledge, Knowledge

Management, Value Chain, Knowledge Management, Types of Knowledge Management
Systems, Enterprise Content Management Systems, Knowledge Network Systems,
Knowledge Workers and Knowledge Work, Requirements of Knowledge Work Systems,
Knowledge Expert Systems, Intelligent Agents,, Fuzzy Logic Systems, Machine Learning,
Genetic Algorithms (Concepts only) Lecture Hours - 15
Unit 5. Data Communication and Computer Network System: Goals of Computer
network, Classification of Networks: LAN, WAN, Internet (with their specific features),
Transmission Media: Twisted Pair, Coaxial Cable, Optical fibre with their features and
applications, Wireless Communication: Bluetooth, Wi-FI etc, Connecting to internet; ISP;
IP address, World Wide Web; Web Browsing software, Search Engines; Understanding
URL; Domain name; Using e-governance website, Basics of electronic mail; Getting an
email account; Sending and receiving emails; Accessing sent emails; Using Emails;
Document collaboration Lecture Hours - 20
Suggested Readings:
• ITLESL, Introduction to Computer Science, Pearson Education
• ITLESL, Introduction to Information Technology, Pearson Education
• .Sinha& Sinha, Fundamentals of Computers, BPB Publication.
• .Rajaraman, Fundamentals of Computers, PHI
• Jain & Tiwari, Computer Applications in Business, Taxmann

SEMESTER III
IDC / MDC Paper 3
INDIAN ECONOMIC ENVIRONMENT
Full Marks: 75
Credit of the Paper 3
Semester end Examination (Credit 2): 50 marks
Tutorial (Credit 1) : 25 marks
Total (2 Th+ 1TU) : 75 marks

8
1. INDIAN ECONOMIC ENVIRONMENT: Concepts, components, importance;
Economic growth and Development; Meaning of Underdeveloped Economy; Basic
characteristics of Indian Economy. Nature of Indian Economy: India- A Developing
Economy, Human Development Index. Lecture Hours-
10
2.STRUCTURE OF THE INDIAN ECONOMY: Role of Agriculture in the Indian
Economy, Role of Industry in the Indian Economy: Role, Performance and Problems; Public
sector, Private sector, Small scale sector, MSME, MUDRA scheme,. Role of Services in the
Indian Economy, Financial sector reforms and fiscal policy reforms. Lecture Hours - 20
3. ISSUES IN INDIAN ECONOMY: Problems of Unemployment, Poverty, Inequality in
income distribution, Inflation, Concepts of Parallel economy. Lecture Hours -5
4. INDIAN ECONOMIC PLANNING: Meaning, Objectives, Importance of planning in
India; Five Year plans: Achievements and Failures; NITI Aayog: Concepts and Objectives
Lecture Hours-10
Suggested Readings:
•Dutt & Sundaram, Indian Economy, S.Chand
• Mishra &Puri, Indian Economy, Himalaya Publishing House
• Uma Kapila, Indian Economy
• JoydebSarkhel& Swapan Kr. Roy, Bharoterarthanaiti(Bengali)
• Banerjee & Majumdar, Business Economics and Business Environment,ABS
• Banerjee & Majumdar, BanijjikArthaniti –o- BanijjikParibesh(Bengali),ABS
• Ratan Khasnabish& Ranesh Roy, BanijjikArthaniti –o- BharoterarthanaitikParibesh(Bengali)
• Prakash, B.A., Indian Economy, Pearson • Fernando, Indian Economy, Pearson
• Das, Goyal & Kakar, Business Environment, Taxmann

SEMESTER III
SEC PAPER 3

Computerised Accounting and Introduction to Data

Science (Practical )
Full Marks: 100
Credit of the Paper 4 (Practical)
Semester end Examination (Credit - 4 Practical): 100 marks

Module I
Computerised Accounting& Digitalisation (50 marks)
Unit 1:Computerised Accounting [50Hours]

9
 1. Basic Concepts - Creating, Altering and Deleting Company, Group & Ledger creation,
creation of opening Balance SheetInventory – Creation of Stock Items, Stock Group,
Stock Category, Units of Measurement, Godown, Transfer of materials across Godown,
Manufacturing Voucher (Bill of Materials), Job Costing,
2. Accounting voucher, inventory voucher, memorandum voucher, invoicing,
3. Cost Centre, Cost Category, Budgets and Controls
4. Order Processing – Purchase Order Processing, Sales Order Processing, Purchase Bill
and Sales Invoice Creation
5. Bank Reconciliation
6. TDS
7. Payroll Accounting
8. Stock Analysis and Reports
9. Financial Reports (Trial Balance, Profit & Loss, Balance Sheet)
10. Backup and Restore, Security Control Setup

Unit 2: Digitalisation in India [10Hours]

a. Application of e-services like e-PAN,
b. Digilocker,
c. Online Banking and Payments,
d. M-parivahan, Aadhaar-based Services, etc.

Module II
Introduction to Data Science (50 marks)
Unit 1: Database Applications [15Hours]
Database Terminology, Objects, Creating Tables, working with fields, understanding Data
types, Changing table design, Assigning Field Properties, Setting Primary Keys, using field
validation and record validation rules, Indexing, working with multiple tables, Relationships
& Integrity Rules, Join Properties, Record manipulation, Sorting & Filtering; Select data with
queries: Creating Query by design & by wizard (Select, Make Table, Append, Delete, Cross
Tab, Update, Parameterized Query, Find Duplicate and Find Unmatched), Creating multi table
queries, creating & working with table joins. Using operators & expressions: Creating simple
& advance criteria; Working with forms: Creating Basic forms, working with bound, unbound
and calculated controls, understanding property sheet, Working with Data on Forms: Changing
Layout, creating Sub Forms, creating list box, combo box and option groups; Working with
Reports: Creating Basic Reports, Creating Header & Footer, Placing Controls on reports,
sorting & grouping, Creating Sub reports.
Unit 2: Advance Data Management with Spread Sheet [30Hours]
Financial Functions: Ascertainment of Future Value, Present Value, Annuity, Loan repayment
break-up, EMI, RATE, TERM, Depreciation (DB, SYD, SLN)

10
Logical Functions: AND, FALSE, IF, IFERROR, NOT, OR, TRUE. Text Functions, Date and
Time Functions, Lookup Functions: Vlookup and Hlookup transpose.
Mathematical Functions: ROUND, COUNT, COUNIF, MIN, MAX, ROUND, VAR, INT,
SQRT, AVERAGE.
Statistical Functions: MEAN, MEDIAN, MOD, STDEV
Data Validation: What–if-analysis: Goal-seek, Data tables, and Scenario Manager;
Unit 3: Tables and Formatting [15 Hours]
Pivot – table: Generating pivot-table, and generating pivot charts, inserting pictures, clipart
shapes, smart arts, Using Chart wizard: Generating various types’ pie-charts, column, bar and
area diagram in representing data, using graph in data analysis using excel, Inserting bit map
objects, word Art, Create a link to a web-page, use of view menu in excel. Dealing numbers –
Currency, Accounting, Numbers, Dates, - short and long data, time, Percentage.
Suggested Reading:
• Database System Concepts 6th Ed,Elmasri and Navathe,Pearson
• Database System Concepts 7th EdSilberschatz, Korth and Sudarshan,McGraw hill
• Business Analytics the Science of data driven decision making 2nd Ed,Dinesh Kumar,
IIM-A,Wiley
• Computerised Accounting System, Amarnath Das, Tee Dee Publications

Semester IV
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 Major (Core) Financial Accounting II (3 TH + 1 TU) 4
4 Papers Direct Tax – II and e-filing of Tax Return 4
(3 TH + 1 P) 16
E-Commerce &Business Communications 4
(3 TH + 1 TU)
Business Regulatory Framework 4
(3 TH + 1 TU)
2 Minor M2: Sales Management (3TH + 1 TU) 4 4
1 paper OR
[ M2 or eB2] e-B2: Functional e-Business System (3TH 4
+ 1 TU)

11
 3 Multi- -- --
Disciplinary
4 Ability MIL – II 2 2
Enhancement
Course (AEC)
5 Skill
Enhancement
Course (SEC)
6 Value Added
Course (VAC)*
7 Summer 3# 3#
Internship**
8 Research --
Project
22+ 3# 22+ 3#

SEMESTER IV
Major (Core) Paper 5
FINANCIAL ACCOUNTING – II
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Marks shown against the units indicate marks for Semester–end Examinations

Lecture
Unit Topic Details
Hours

• Basic features; difference with sales. Recording in the books of

Consignor – at cost & at invoice price, Valuation of unsold stock;
1 Consignment Treatment and valuation of abnormal & normal loss. Ordinary 10
commission, Special commission; Del credere commission (with and
without bad debt) - use of Consignment Debtors Account, Recording
in the books of Consignee
• Concept of Branch; different types of Branches.
• Synthetic method– preparation of Branch account (at Cost & at Invoice
Price) – normal and abnormal losses.
• Analytical method:
preparation of Branch Stock, Branch Adjustment Account, Branch
2 Branch accounting
Debtors Account, etc. (at Cost & at Invoice Price ) – normal &
14
abnormal losses
• Preparation of Branch Trading and P/L account. (at cost & at Invoice
Price ) – normal and abnormal losses.
• Concept of wholesale and retail profit by Head Office and Branch

12
 Hire purchase and • Meaning; difference of Hire Purchase with Instalment payment system;
3 Instalment payment Recording of transactions in the books of buyer – allocation of interest 8
system – use of Interest Suspense a/c – partial and complete repossession

• Concept, objective of preparation of departmental accounts;

apportionment of common cost; Preparation of Departmental Trading
Departmental
4 and P/L account, Consolidated Trading and P/L account; inter 8
accounts
departmental transfer of goods at cost, cost plus and at selling price and
elimination of unrealized profit.

• Loss of stock: concept of under-insurance and average clause;

computation of claim – with price change; consideration of unusual
selling line; price reduction, etc.
5 Insurance claim • Loss of profit: Concept – insured & uninsured standing charges, GP 8
rate, short sales and increased cost of working, average clause and
computation of claim (simple type)

• Retirement-cum-Admission of Partner, Accounting for dissolution of

6 Partnership firm – insolvency of one or more partner, consideration of private 12
estate and private liabilities. Piecemeal distribution – surplus capital
basis, maximum possible loss basis.
60

Relevant Accounting Standards (ASs) issued by the Institute of Chartered Accountants of India are
to be followed.

Suggested Reading
• Sukla, Grewal, Gupta: Advanced Accountancy Vol. I & II, S Chand
• R. L.Gupta&Radheswamy, Advanced Accountancy Vol. I & II, S. Chand
• Maheshwari & Maheshwari, Advanced Accountancy Vol. I & II, Vikash Publishing House Pvt. Ltd.
• Sehgal & Sehgal, Advanced Accountancy Vol. I & II, Taxman Publication
• L.S.Porwal, Accounting Theory, Tata Mcgraw Hill
• Gokul Sinha, Accounting Theory & Management Accounting,
• B. Banerjee, Regulation of Corporate Accounting & Reporting in India, World Press.
• Lodha, R., Financial Accounting II Theory, Problems and Solutions, Law Point
• Frank Wood, Business Accounting Vol 1&II, Pearson
• Tulsian, Financial Accounting, Pearson
• Accounting Standards issued by ICAI

Semester IV
Major (Core) Paper 6
Direct Tax – II and e-filing of Tax Return
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Practical (Credit 1) : 25 marks
Total ((3 Th+ 1P) : 100 marks
Module-I
Direct Tax II (75 marks)

13
Unit 1 : a) Income of other persons included in assessee’s total income
Remuneration of spouse, Income from assets transferred to spouse and
son’s wife, Income from assets transferred to the benefit of spouse and
son’s wife, Income of minor.
b) Set off and carry forward of losses
Mode of set off and carry forward, Inter source and inter head set off, Carry
forward and set off of losses U/S 71B, 72, 73, 74, 74A.
Lecture Hours – 5
Unit 2 : a) Deductions from Gross Total Income and Rebate
Basic concepts on deductions, Deductions U/S80C, 80CCC, 80CCD,
80CCE, 80D, 80DD, 80DDB, 80E, 80G, 80GG, 80GGC, 80QQB, 80TTA,
80TTB, 80U.
b) Rebate U/S 87A
Lecture Hours – 7
Unit 3 : Computation of total income and tax payable
a) Rate of tax applicable to different assessees except corporate assessees.
b) Taxability of STCG & LTCG.
c) Taxability on earnings from lottery, crossword puzzles & races.
d) Application of Sec 115BAC
e) Computation of Total Income and Tax Liability of an Individual and Firm
(excluding application of AMT) Lecture Hours - 12

Unit 4 : Tax management-I

a) Provision for filing of return
Due dates of filing of return, Relevant forms of , Mode of submission of
returns, Different types of returns, PAN, TAN.
b) Assessment of return
Self assessment U/S 140A, Summary assessment U/S 143(1), Scrutiny
assessment U/S 143(3), Best Judgement assessment U/S 144.
c) Advance tax and self assessment tax
Liability to pay advance tax, Due dates and computation of advance tax
payable (excluding for Corporate Assessees), self assessment tax – meaning
and computation.
Lecture Hours - 11

Unit 5 :Tax Management-II

14
 a) Interest and fees
Section 234A, 234B, 234C, 234F (simple
problems on interest)
b) Tax Deducted at source
TDS from salaries U/S 192, Interest on
securities U/S 193, Winning from
lotteries or crossword puzzles U/S 194B,
Winning from horse race U/S 194BB.
c) Refund of Excess Payment
Right to claim refund, who can claim
refund, How to claim refund.
Lecture Hours - 10

Module-II
e-filing of Tax Returns (Practical)
(1 Credit :25 marks)

a Preparation and submission of Income Tax Returns (ITR -1) off line / on line for
) individual tax payer (e-filing with or without EVC)
b View Form 26AS, Annual Information Statement (AIS), Taxpayer Information
) Summary (TIS), Uploading of return, View e-file returns, e-verification.
c Use of e-tax calculator (including calculation of interest U/S 234A, 234B, 234C).
)
d e-payment of tax (including generation of ITNS280)
) 30 Hours
(If any changes are made through enactment of new provisions or notifications or circulars, six months prior to
commencement of the concerned Semester, such changes will be effective in place of the earlier ones. Similarly, if
any existing provision becomes redundant due to changes, it will be left out of the syllabus)

Suggested Readings
• Singhnia V.K., and Singhania M, Students’ Guide to Income Tax, Taxmann
• Ahuja and Gupta, Systematic Approach to Taxation, Commercial Law Publishers (India)
• Bangar and Bangar, Comprehensive Guide to Taxation, Part I, Aadhya Prakasan
• Mundhra and Mundhra, Prayas Taxation II, Law Point
• Das & BasuMallik, Direct Tax II, The Elegant Publications
•

Semester - IV
MAJOR (Core) PAPER 7
E-COMMERCE & BUSINESS COMMUNICATION
Full Marks – 100
Credit of the Paper: 4

15
 Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

MODULE-1: E-COMMERCE (35 Marks)

Unit-1: Introduction
E-Commerce: Meaning, scope, major players, components, Merits, Demerits and
Importance, basic concept and features of ECRM, ERP, E-governance and Mobile
Commerce. Lecture Hours - 5
Unit-2: E-commerce Business Models
Concept and features: Business to Consumer (B to C), Business to Business (B to B),
Business to Government (B to G), Consumer to Consumer (C to C), Consumer to
Business (C to B). Lecture Hours - 7
Unit-3: E Payment System
Methods of e-payments [Debit Card, Credit Card, Smart Cards, e-Money], digital
signature and wallet [basic concept and features], payment gateways [Core Banking
Solution (CBS), Mobile Payment, UPI, NCPI, International Payments], Online banking
: meaning, concepts, importance, electronic fund transfer, risks involved in e-payments.
Lecture Hours - 8
Unit-4: New Trends in E-Commerce
Social Commerce: concept, definition, features; Digital Marketing: definition,
objectives, methods, limitations, Advertisement in Social Media [only basic idea]
application of e-commerce in various sector [only concept ] Lecture Hours - 8
Suggested Readings
E-Commerce
• P. T. Joseph, E-Commerce: An Indian Perspective, PHI Learning
• Henry Chan, Raymond Lee, Tharam Dillon, Elizabeth Chang, E-Commerce: Fundamentals
and Applications, Wiley.
• Laudon, E-Commerce, Pearson Education India
• Roy, Dey, Bhadra & Satpati, E-Commerce & Business Communications, Elegant
Publications
• Schneider G., E-Business, Cengage
• Bhaskar, B., E–Commerce, McGraw Hill

MODULE 2- BUSINESS COMMUNICATION (40 marks)

Unit-1: Introduction

16
Communication: Definition, scope, importance, elements, process, forms, models, principles of
effective communication, barriers to communication and remedial measures.
Business Communication: Concept, nature, objectives Lecture Hours - 4
Unit-2: Types of Communication: Concept and Features; Formal, Informal, Grapevine,
Corporate, upward,downward, horizontal, oral, written communication; Communication
Network: concept and features Lecture Hours - 8
Unit-3: Tools of Communication
Emergence of Communication Technology, Modern Forms of communication: Email,
VideoConferencing, WhatsApp and Oral Presentation [Concept, Importance and features]
Lecture Hours - 8

Unit-4: Drafting
Notice, Circular, Minutes, CV writing, Business letter writing - Offer letter, Quotation,
Confirmation, Execution, Refusal and Cancellation of order, Collection of debts, Claim for
compensatoion, Bank loan, Financial Status Enquiry Lecture Hours - 12

. Suggested Readings
• Anjanee, S. & Bhavana Adhikari, Business Communication, TMH
• Chaturvedi &Chaturvedi, Business Communication : Concepts, Cases and Applications,
Pearson
• M.K.Shegal&Vandana Khetarpal, Business Communication, Excel Books
• R.K.Madhukar, Business Communication, Vikash Publishing House Pvt. Ltd.
• Rao, Kumar & Bindu, Business Communication, Cengage
• Khanna, Puja., Business Communication, Vikash
• Raman & Sharma, Technical Communication, Oxford
• Lesikar, Flatley et al, Business Communication, McGraw Hill

Semester - IV
MAJOR (Core) PAPER 8
BUSINESS REGULATORY FRAMEWORK
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit I: Introduction to Business law – Jurisprudence, Purpose and function of law,

types of law: natural, conventional, physical, civil, constitutional etc.
Lecture Hours - 5

Unit II: The Indian Contract Act, 1872: Lecture Hours - 20

A. General principles of contract

17
Contract – meaning, characteristics and types, Essentials of a valid contract- offer and
acceptance, consideration, capacity of parties, consent, legality of object, Void and
Voidable agreements -definition , types/elements and rules, Discharge of a contract –
modes of discharge, breach and remedies against breach of contract, Contingent contracts
and quasi contracts - definition and features
B. Specific Contract
Contract of Indemnity and Guarantee, Contract of Bailment, Contract of Agency -
definition, features and types
Unit III: The Sale of Goods Act, 1930 Lecture Hours - 10
Contract of sale, meaning and difference between sale and agreement to sell, Conditions
and warranties, Transfer of ownership in goods including sale by a non-owner,
Performance of contract of sale,Caveat Emptor (concept only), Unpaid seller – meaning,
rights of an unpaid seller against the goods and the buyer.
Unit IV: A. The Partnership Act, 1932 Lecture Hours - 15
Partner- definition, rights and types. partnership -definition, features and types,
Registration- concept and procedure, Dissolution of firm- concept and procedure
B.The Limited Liability Partnership Act, 2008
Meaning and Features of LLP,Advantages and Disadvantages of LLP, Procedure to Form
LLP
Unit V: Consumer Protection Act, 2019 Lecture Hours - 10
Objective and features of the Act, Definition: complainant, complaint, consumer,
consumer dispute, goods and services, unfair trade practices, Consumer protection
councils- composition, objective and jurisdiction

Suggested Readings
• Kumar Ravindra, Legal Aspects of Business, Cengage
• Tulsian&Tulsian, Business Laws, S.Chand
• Kapoor N.D., Business Laws, Sultan Chand
• Das S.K. & Roy P., Business Regulatory Framework, OUP
• Gulsan S.S., Business Laws, Excel Books
• Roychowdhury, Bhattacharjee & Datta, Business Regulatory Framework, Elegant
Publications
• Bhadra, Satpati and Mitra, Ainer Ruprekha (Bengali Version), Dishari
• Nabi, Legal Aspects of Business, Taxmann

SEMESTER IV
MINOR PAPER 4 (ELECTIVE)
SALES MANAGEMENT (M2)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

18
Unit 1 :Sales Organization
Lecture Hours - 12
• Purpose, principles and complexity of sales organization
• Models of SalesOrganisation:
o Island Model
o Functional Sales Organization
• Sales Organisation Structure: Influencing factors (including size), common problems—resolutions
And Decentralisation
• Tasks of Chief Sales Executive

Unit 2 : Designing the Sales Force

Lecture Hours -12
• Objectives& strategies
• SalesforceCompensation

Unit 3 :Managing the Sales Force

Lecture Hours -12
• Grievances handling of Sales Force
• Motivating Leading and Communicating with the Sales Force
• Performance Evaluation of Sale Force

Unit 4 :Personal Selling and Salesmanship

Lecture Hours -12
• Buyer-Seller Dyads
• Theories of selling
• Personal Selling as a Profession
• Steps in Personal Selling–Methods of Approaching a Customer
• Handing Customer Objections & Customer Relationship Management (CRM)
• After Sales services (including Rural Marketing & International Marketing)

Unit 5 :Marketing Channels and Selection

Lecture Hours -12
• Need, Functions, Levels
• Developing channel Objective, Selection of Appropriate Channel (including Rural
Marketing & International Marketing)
• Motivating, Leading, Communicating with the Channel Members
• Performance Evaluation of the Channel Members
• Modifying Channel Arrangements
SuggestedReadings:
Cundiff, Stilland Govoni, Sales Management, PHI
Smith, Sales Management, PHI
Kotler, Marketing Management, PHI
Zieglar, et al Sales Promotion and Modern Merchandising
Stem, Ansary and Coughlan Marketing Channels, PHI
Warmer, Marketing and Distribution, Macmillan, New York
Pyle, Marketing Principles, Macmillan, New York
19
 • Doughlas, et al Fundamentals of Logistics and Distributions,

SEMESTER IV
MINOR PAPER 4 (Elective)
FUNCTIONAL E-BUSINESS SYSTEM (e-B2)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1. Applications of E-Business: Direct Marketing and Selling, Value Chain Integration,
SupplyChain Management, Corporate Purchasing, Financial and Information Services, Obstacles in
adopting E-Business Applications. The virtual value chain planning E-Business project.
Lecture Hours - 5

Unit 2. Web Design & Development: Effective Web design: Requirements of Intelligent Websites,
Website Goals andObjectives, planning the budget, analyzing website structure, fixed versus flexible
webpage design,choosing a page size, website development tools, design alternatives, outsourcing
web design, testingand maintaining websites. Lecture Hours - 14

Unit 3. E-Commerce and Online Service Industries: Online financial services. Online travel
services. Online career services. Fin-tech and financial inclusion-types and tools,
Lecture Hours - 8

Unit 4. Electronic Payment Systems-Overview of Electronic Payment Systems, Customer to

Merchant Payments, Peer to Peer Payments. Electronic Banking, Electronic Fund, UPI, NFC enable
payments Lecture Hours - 8

Unit 5. Mobile Commerce- Wireless Spectrum, WAP - Origins of WAP, WAP Architecture.
Wireless Datagram Protocol(WDP), Short Message Services, General Packet Radio Service(GPRS),
Wireless Technology (CDMA, GSM), Different generations in Wireless Communication, Mobile
commerce and its future in India.
Lecture Hours - 10

Unit-6: Online Services:Online Financial Services: Fintech, Online Banking, Online Brokerage,
Online Mortgage and Lending Services, Online Insurance Services, Online Real Estate Services;
Online Travel Services, The Online Travel Market, Online Travel Industry Dynamics; Online Job
Recruitment and Career Services, Online Job Recruitment and Career Services Industry Trends.,
Block chain: concepts, application in businessb (Elementary Concepts). Lecture Hours - 15

Suggested Readings:
• S. Jaiswal, Doing Business on the Internet E-COMMERCE (Electronic Commerce for Business),
Galgotia Publications.
• P.T.Joseph, E-Commerce An Indian Perspective, S.J., PHI.
• Kenneth C. Laudon, Carol Guerico Traver, 3.E-Commerce Business.Technology, Society,
Pearson Education.
• Schneider, E-Commerce, Thomson Publication

20
 Paper / Subject Credit of Total
Sl.No. the Paper Credit
1 Major (Core) Financial Management (3 TH + 1 TU) 4
3 Papers Corporate Accounting (3 TH + 1 TU) 4
Company Law(3 TH + 1 TU) 4
12

2 Minor M3:Product& Pricing Management (3 TH + 1 4

2 papers TU)
[M3& M4] M4:Marketing Communications (3 TH + 1 TU) 4
OR OR or 8
[eB3 & eB4] eB3:Data Base Management System and its 4
Application in e-Business
eB4:Internet, Cyber Crimes & Business 4

(3 TH + 1 TU)

3 Multi-
Disciplinary

4 Semester
Ability V
Enhancement
Course (AEC)

5 Skill -- -- --
Enhancement
Course (SEC)

6 Value Added
Course (VAC
7 Summer 3# 3#
Internship
8 Research --
Project
20 +3# 20 + 3#

Semester V
Major (Core) Paper 9
FINANCIAL MANAGEMENT (3 TH + 1 TU)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Lecture
Unit Topic Content
Hours
▪ Important functions of Financial Management
▪ Objectives of the firm: Profit maximisation vs. Value maximisation
Introduction and
1 ▪ Role of Chief Financial Officer. 6
Basic Concepts
▪ Financial environment in which a firm has to operate
▪ Time Value of Money: concept and reasons

21
 ▪ Compounding and Discounting techniques; Annuity and Perpetuity.
▪ Risk-return relationship (concepts only)
▪ Different sources of finance; long term and short term sources
Sources of Finance ▪ Cost of capital: concept, relevance of cost of capital, Implicit and Explicit
2 and Cost of Capital cost, specific costs (its computation) and weighted average cost (its 10
computation), rationale of after tax weighted average cost of capital,
marginal cost of capital (its computation).
▪ EBIT-EPS analysis and its limitations. Financial break even, point of
Financing Decision: indifference
EBIT-EPS; Leverage ▪ Leverage- Business Risk and Financial Risk - Operating and financial
3 and Capital Structure leverage, Trading on Equity 10
Theories ▪ Capital Structure decisions - Capital structure patterns, designing
optimum capital structure, Constraints, Features of sound capital structure,
various capital structure theories (excluding M-M model).
▪ Introduction; Meaning and various concepts of Working Capital
▪ Management of Working Capital and Issues in Working Capital
▪ Estimating Working Capital Needs; Operating or Working Capital Cycle.
Investment Decision: ▪ Policies relating Current Assets – Conservative, Aggressive and Balanced
4 ▪ Various sources of finance to meet working capital requirements; 12
Working Capital
Financing current assets: Strategies of financing (Matching, Conservative,
and Aggressive policies)
▪ Management of components of working capital (debtors management
only–credit period -simple type )
▪ Purpose, Distinguishing features, Objectives & Process, Understanding
different types of projects
▪ Concept of Cash flow; Cash flow vis-à-vis Profit and determination of
Cash flow
Investment Decision: ▪ Techniques of Decision making: Non-discounted and Discounted Cash
5 flow Approaches 14
Capital Expenditure
▪ Payback Period method, Accounting Rate of Return, Discounted Payback
Period, Net Present Value, Profitability Index and Benefit Cost ratio,
Internal Rate of Return with relative merits and demerits of the
methods(excluding replacement decision).
▪ Capital Rationing.
▪ Meaning, Nature and Types of Dividend, Dividend and Retention; concept
of pay-out ratio, retention ratio and growth.
Dividend Decisions
6 ▪ Dividend policies and formulating a dividend policy 8
▪ Dividend Theories: Walter’s Model, Gordon’s Model and M-M Model
(Ignore Tax)
Total 60

Suggested Readings
• M.Y.Khan&P.K.Jain, Financial Management, TMH
• Van Horne, Financial Management & Policy, Pearson
• Van Horne, Fundamentals of Financial Management, PHI
• B.Banerjee, Financial Policy & Management Accounting, PHI
• P.Chandra, Financial Management, TMH
• Rustagi, R.P. Fundamentals of Financial Management. Taxmann Publication Pvt. Ltd.
• Pandey, I.M. Financial Management. Vikas Publications.
• Mehra & Arora, Corporate Finance with Financial Modelling, Taxmann
• Bhadra & Satpati, Financial Management (English & Bengali), Dishari Prakashani
• Lodha, R., & Chandak, M.M., Financial Management Theory, Problems and Solutions
• Bhattacharyya, D., Financial Management, Law Point
• Manna, A., Financial Management Theory & Practice (Bengali), Law Point

Semester V
Major (Core) Paper 10
Corporate Accounting (3 TH + 1 TU) (Semester-V)
22
 Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Lecture
Unit Topic Details
Hours
• Meaning of Company; Maintenance of Books of Accounts; Statutory
Books; Annual Return
Company – • Issue of Shares – issue, forfeiture, reissue, issue other than in cash
Introduction consideration and issue to the promoters; Pro-rata issue of shares.
Issue of debentures. Sweat equity.
and
1 • Right and Bonus Share – Rules, Accounting
Accounting for • Underwriting of shares and debentures: Rules; Determination of 16
Shares & Underwriters Liability – with marked, unmarked & firm
debentures underwriting; Accounting.
• Employee Stock Option Plan – meaning; rules; Vesting Period;
Exercise Period. Accounting for ESOP. Meaning and Accounting of
ESPS.
• Buy Back of Securities – meaning, rules and Accounting.
• Redemption of Preference Shares – Rules and Accounting (with and
Buy back and 16
2 without Bonus Shares)
Redemption
• Redemption of Debenture – Important Provisions, Accounting for
Redemption: by conversion, by lot, by purchase in the open market
(cum and ex-interest), held as Investment and Use of Sinking Fund
Company Final • Introduction to Schedule III; Treatment of Tax; transfer to reserve,
3 Accounts Dividend (out of current profit, out of past reserve).
12
• Preparation of Statement of Profit &Loss and Balance Sheet.
(tax on net profit without recognizing deferred tax)
• Goodwill – valuation using different methods,i.e., Average Profit,
Super Profit, Capitalisation and Annuity.
4 Valuation • Shares – Valuation using different methods: Asset approach, 8
Earnings approach, Dividend Yield, Earnings-Price, Cum-div and
Ex-div, Majority and Minority view and Fair Value
• Maintenance of Investment Ledger; Preparation of Investment
Investment Account (transaction with brokerage, STT, cum & ex-interest),
5 Valuation of Investment under FIFO and Average method; 8
Accounts
Investment Account for Shares (with Right Shares, Bonus Shares and
Sale of Right). Relevant Accounting Standard.
Total 60
Relevant Accounting Standards (ASs) issued by the Institute of Chartered Accountants of India are
to be followed.

Suggested Reading
• Sukla, Grewal, Gupta: Advanced Accountancy Vol. II, S Chand
• R. L.Gupta&Radheswamy, Advanced Accountancy Vol. II, S. Chand
• Maheshwari & Maheshwari, Advanced Accountancy Vol. II, Vikash Publishing
• Sehgal & Sehgal, Advanced Accountancy Vol. I II, Taxman Publication
• Hanif & Mukherjee, Corporate Accounting, TMH
• Frank Wood, Business Accounting Vol II, Pearson
• V.K.Goyal, Corprate Accounting, Excel Books
• Accounting Standards issued by ICAI

Semester V
23
 Company Law
Major (Core) Paper 11
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks
Unit 1: INTRODUCTION TO COMPANY
Company [Meaning and Features] Body Corporate, Kinds of Companies(Definition and Features)– One Person Company,
Private Company, Public Company, Holding Company, Subsidiary Company, Government Company, Associate Company,
Small Company, Dormant company,Lifting of corporate veil [brief concept] Brief concept of MCA 21Lecture Hours -
12
Unit 2: FORMATION OF A COMPANY
Steps in formation of a Company, Promotion Stage-Promoter [Meaning& Functions], Incorporation Stage – Meaning,
Contents, Forms of Memorandum of Association & Articles of Association and its alteration, Distinction between
Memorandum of Association and Articles of Association, Doctrines of constructive notice and Indoor management, Certificate
of Incorporation, Subscription Stage –Prospectus, [Concept &Types] Misstatement in prospectus and its consequences.
Lecture Hours -12
Unit 3: COMPANY ADMINISTRATION
Director (Concept and Definition),DINQualification, Disqualification, Appointment, Rights, Duties, , Liabilities, Removal and
Resignation of director, Key Managerial Personnel (Definition)– Managing Director, Whole time Directors, the Companies
Secretary, Chief Financial Officer, Resident Director, Independent Director, Women director[Appointment and Role]; CSR
(Sec 135): ( Basic concept) Lecture Hours -12
Unit 4: SHARE CAPITAL & DEBENTURE
Share &Share Capital- Definitionand Types, Difference between shares and stock; Allotment and Forfeiture of Shares,
Alteration of Share Capital: Bonus, Right, Capital Reduction ,Buyback, ESOP,Sweat Equity, , Share Certificate-Physical, D-
mat System;, Redemption of Preference Shares, Debenture – Definition, Types, Rules Regarding Issue of Debenture
Lecture Hours -12
Unit 5: CORPORATE MEETINGS
Corporate Meetings - Types of Corporate Meetings (Shareholder and Board); Shareholders Meeting- Annual General
Meeting ,Extraordinary General meeting,Requisite of Valid Meeting- Notice, Agenda, Chairman, Quorum, Proxy,
Resolutions, Minutes [Section 118}, Postal Ballot,Virtual meeting[to conduct AGM]E- voting, Video Conferencing, Board
Meetings [Brief concept] Lecture Hours -12

(If any changes are made through enactment of new provisions or notifications or circulars, one year prior to
commencement of the concerned Semester, such changes will be effective in place of the earlier ones. Similarly, if any
existing provision becomes redundant due to changes, it will be left out of the syllabus)

Suggested Readings
• Kumar Rabindra, Legal Aspects of Business, Cengage
• Bhadra, Satpati and Mitra, Ainer Ruprekha (Bengali Version), Dishari
• Kapoor, N.D., Corporate Law, S.Chand
• Arora, Bansal, Corporate Law, Oxford
• Jagota, Corporate laws, Taxmann
• Ray Chowdhury, Bhattacharjee & Datta, Company Law, The Elegant Publications

Semester V
Minor Paper 5 (Elective)
Product & Pricing Management (M3)
Full Marks – 100
Credit of the Paper: 4
Semester-end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks

24
 Total (3 Th+ 1TU) : 100 marks

• Unit 1: Introduction to Product Management

Lecture Hours -12
• Product: Basic concept of product, levels,
• Marketing Mix: 4Ps & 7Ps, Marketing Mix for Agricultural products
• Product Mix Decisions
• Product-Life-Cycle: Concept, Operationalisationof PLC.
Product Portfolio: Concept, Product Portfolio matrix and its importance,BCGModel

• Unit 2: Market Segmentation

Lecture Hours -12
• Market Segmentation: Concept, Importance and bases (including Rural Market segmentation)
Unit 3: New Product Development
Lecture Hours -12
Concept, Importance, Stages, Reasons for failure of a new product
Adoptionprocess, Market Diffusion

Unit 4: Packaging and Branding (including Rural Marketing & International Marketing):
Lecture Hours -12
Packaging:
• Concept, Functions, Types of packaging
• Packaging Strategies
• Legal and Ethical aspects of packaging, Packaging and Labeling
Branding:
• Concept, Importance of function, Different Types of Brand and Branding
• Principles of Branding
• Positioning and repositioning strategies
• Basic concepts of Brand-equity

• Unit5:Pricing Management
Lecture Hours -12
• Concept of Pricing and Pricing Management
Pricing as an element of Marketing Mix (In special reference to Retailing, Service, Rural &
International Marketing)
• Importance of pricing in consumer buying process
• Determining factors of effective pricing
• Pricing approaches &methods
• Pricing in the Indian &International Context
• Regulatory Price Environment

SuggestedReading:
• Kotler and Kellar, Marketing Management, Pearson
• William and Ferrell, Marketing, Houghton Miffin McGraw-Hill
• Neelamegham, Marketing in India: Cases and Readings, Vikas Publishing
• Majumder, Product Management in India, PHI
• McCarthy and Perreault, Basic Marketing Managerial Approach, Irwin, Homewood,
Illinois
• Srivastava, R.K., Product Management & New Product Development, Excel Book

25
• Ramaswamy and Namakumari, Marketing Management, Macmillan India
• Srinivasan Case Studies in marketing: The India Context, PHI
• Baker & Hart, Product Strategy and Management, Pearson

26
27
 Semester V
Minor Paper 6 (Elective)
MARKETING COMMUNICATIONS (M4)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit1 :Introduction to Communication Process

Lecture Hours -12
• Marketing Communication: Concept (AIDA Model) & Importance
• Barriersto Marketing Communication
• Social Media & Digital Marketing: Concepts (Relevance, Objective & Prospects)

Unit2 :CommunicationMix
Lecture Hours -12
• Communication Mix : Concept (Need and Objective) & Elements
• Communication in Retail Management (Features, Objectives, Tools and Strategies)
• Communication in Service Marketing (Features, Objectives, Tools and Strategies)
• Communication in Rural Marketing (Features, Objectives, Tools and Strategies)
• Communication in International Marketing (Features, Objectives, Tools and Strategies)

Unit3:AdvertisingProcess
Lecture Hours -12
• Advertising: Definition, Objective, Importance, Types & Function
• Advertising Process & Advertising Budget
• Legal, Ethical & Economic aspects of Advertising
• Advertising Appeal
• Copy Writing (Headline, Illustration, Message)
• Copy Type
• Campaign Planning
• Different Types of Media
• Media Planning and Scheduling

Unit4: Impact of Advertising Lecture Hours -12

• Advertising Agency Vs Advertising Department
• Relationships with Clients
• Measuring Advertising Effectiveness

Unit5 :Sales Promotion Lecture Hours -12

• Sales Promotion: Meaning, Nature, Type,Function and Limitation
• Sales Promotion Techniques (Sample Distribution, Coupon, Price off premium plan, Consumer
contests, Displays Demonstration, Trade Fairs and Exhibitions

Suggested Readings:
• BatraandMyers,AdvertisingManagement,PrenticeHall
• Sengupta, BrandPositioningStrategiesforCompetitiveAdvantage,TMH
• Cundiff,StillandGovoni,SalesManagement,PrenticeHall

28
 • RossiterandPercy, AdvertisingandPromotion Management, MacGraw-HillSundage,
• FryburgerandRotzoll,AdvertisingTheoryandPractice,AITBS
• Belch andBelch,AdvertisingandPromotion,McGrawHill.

SEMESTER V
Minor Paper 5 (Elective)
DATABASE MANAGEMENT SYSTEM AND ITS APPLICATION IN E-BUSINESS
(e-B 3)
Full Marks 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1. Data Modelling in DBMS: Database and Database Management System, Specific advantages of
using DBMS, Data Modelling Concepts: Conceptual, Logical & Physical Models, Various user groups,
Database Schema and Instances, E-R Data Model, E-R diagram (Conceptual) development for an
application, Equivalent Relational (Logical) database Modelling. Lecture Hours -20

Unit 2. Database languages: Data Definition Language (DDL), Data Manipulation Language, (DML), and
Data Control Language (DCL). SQL : SQL constructs, Use SQL for Table Creation, Data Insertion, Table
modification, Generation of Query using SQL commands. Nested Queries, Use indexing and sorting
commands. Lecture Hours -20

Unit 3: Form creation: User friendly Form Designs to input data and Output Data (Using scripting language
Php/ Java Script), Using Input validation, Report generation. Lecture Hours -20

Suggested Readings:
• Korth, Data Base System Concepts, TMH
• Leon,Data Base Management System, VIKAS
• Ivan Bayross, PL/SQL Programming

SEMESTER V
Minor Paper 6 (Elective)
Full Marks 100

INTERNET, CYBER CRIMES AND BUSINESS (e-B4)

Credit of the Paper: 4

Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

29
Unit 1. Internet Concepts: WWW, Internet and E-Commerce, Linking to the Internet, Internet
Address, Internet Tools- Information Retrieval tools (ftp, Gopher),Communication Tools(Email, FTP,
Telnet, Usenet), Multimedia Information Tools(Home page),Information Search Tools( Archie, Veronica,
WAIS). Domain Name System. Communication Systems (Email, Fax), Software used in Electronic mail,
Electronic Meeting Systems( Audio conferencing, Video Conferencing, Groupware),
Lecture Hours -10
Unit 2Internet Security: Security on the internet, Network and Website Security Risks, Site
Hacking, Security Incidents on the internet security and email, network and website security,
Firewall(Concept, Components and Constituents, Benefits), Enterprise wide security Framework,
secure physical infrastructure). Lecture Hours -10

Unit 3Cybercrimes: Computer crime; Distinction between cybercrime and conventional crimes; Kinds
of cybercrimes- cyber stalking, cyber terrorism, forgery and fraud, crimes related to IPRs, computer
vandalism, cyber forensic. Instant messaging platform, social networking sites and mobile applications,
security risks, Cyber jurisdiction, E-forms; Frauds in Electronic Money Transfer, Privacy of Data and
Secure Ways of Operation in Cyber Space. Lecture Hours -10

Unit 4 Ethical and Social Issues in E-Commerce: Understanding Ethical and Social Issues in E-
commerce, Basic Ethical Concepts: Responsibility, Accountability, Liability, and Due Process,
Analyzing Ethical Dilemmas, Ethical Principles. Lecture Hours -10
Unit 5 Privacy and Information Rights:Concept of Privacy, Privacy in the Public Sector: Privacy
Rights of Citizens; Privacy in the Private Sector: Privacy Rights of Consumers; Limitations on the Right
to Privacy: Law Enforcement and Surveillance. Net Neutrality. Lecture Hours -10
Unit 6: Social Network Marketing: Social Marketing Players, Social Marketing Process, Measuring
Social Marketing Results, Facebook Marketing, Instagram Marketing, TikTok Marketing, X Marketing,
YouTube Marketing, Pinterest Marketing, Marketing on Other Social Networks: WhatsApp and
LinkedIn, The Downside of Social Marketing and Cyber Crimes.Lecture Hours -10

Suggested Readings:
● Arora, Sushma. and Arora R. Cyber crimes and laws, Taxmann Pvt Ltd, New Delhi.
● Brian, Craig. Cyber Law: The Law of the Internet and Information Technology. Pearson Education.
● Dejey(2018). Cyber Forensics.Oxford University Press
● Gusai, O.P. Concept Building Approach to Cybercrimes and Cyber Laws: Indian and International
Perspective. Cengage Learning India Pvt. Ltd. Delhi.
● Harish Chander &Kaur,G. Cyber Laws and IT Protection, 2nd ed.
● Madan, Sushila, Cyber Crimes and Laws. Scholar Tech Press, Delhi.
● Sharma J. P., and Kanojia, S. E-Business and Cyber Laws. New Delhi. Bharat Law House Pvt Ltd.
Additional Resources:
● Joseph, P.T. E-Commerce-An Indian Perspective. PHI
● Painttal, D. Law of Information Technology, New Delhi: Taxmann Publications Pvt. Ltd.
● Rattan, J. Cyber Crime and Information Technology, Bharat Law House, Pvt Ltd
● Information Technology Rules & Cyber Regulations Appellate Tribunal Rules with Information
Technology Act 2000. Taxmann Publications Pvt. Ltd., New Delhi.
• Arora & Arora, Cyber Crimes & Laws, Taxmann

30
Semester VI
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 Major (Core) Indirect Tax (3 TH + 1 TU) 4
4 Papers Auditing&Assurance(3 TH + 1 TU) 4
Business Mathematics and Statistics 4
(3 TH + 1 TU) 4 16
Indian Financial System (3 TH + 1 TU)

2 Minor M5:Retail Management and Marketing of 4

1 paper Services (3 TH + 1 TU)
[M5 & M6] M6: Rural Marketing and International 4
or [e-B5 & e- Marketing (3 TH + 1 TU) 8
B6] OR
eB5: System Analysis and Design (3 TH + 1 4
TU) 4
eB 6: e-Business Applications (Practical- 4P)

3 Multi- -- --
Disciplinary

4 Ability --
Enhancement
Course
(AEC)
5 Skill --
Enhancement
Course
(SEC)
6 Value Added --
Course (VAC
7 Summer 3# 3#
Internship
8 Research --
Project
24 +3# 24 + 3#

31
 Semester VI
Major (Core) Paper-12
INDIRECT TAX
Full Marks 100
Credit of the Paper : 4
Semester end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

Goods and Services Tax (60 marks)

Unit-1 : Basic Concept of Indirect tax and Goods & Services Tax (GST)
Concept of indirect tax, Difference between direct and indirect tax, Pre GST indirect tax
structure in India, Major defects in the structure of indirect tax prior to GST, Rationale for
GST, Post GST indirect tax structure in India, Concept, Structure and Types of GST, Taxes
subsumed into GST, Application of IGST, CGST, SGST & UTGST, Non applicability of GST,
GST Council ( Concepts and Composition) and Compensation Cess.
Definitions : Business, Capital goods, Casual taxable person, Goods, Input, Input tax, Output
tax, Person, Place of business, Registered person, Services, Taxable person.
Lecture Hours -5
Unit-2 : Taxable Event and Supply
Taxable event in GST, Commodities kept outside GST, Supply as per CGST Act, Activities
treated as supply under schedule I & II and supply of neither goods or services under Schedule
III (basic concept with simple case study), Types of supply – Inward supply, Outward supply,
Taxable supply, Non taxable supply, Exempt supply, Zero rated supply, Intra state and inter
state supply of goods (basic concept only), Composite supply, Mixed supply and their
taxability. Lecture Hours -7

Unit-3 : Levy of GST and Exemption from GST

Basis of charge of GST, Forward and Reverse charge (basic concept excluding specific goods
& services), Rate of GST, Basic concept of exemption from GST. Lecture Hours -3

Unit-4 : Time of Supply of Goods

Time limit for issue of invoice for supply (including goods sent on approval for sale or return),
Determination of time of supply under Forward and Reverse charge, Time of supply in case of
excess payment. Lecture Hours -8

Unit-5 : Place and Value of Supply

Determination of nature of supply of goods and import, Computation of value of supply of
goods under Transaction value [Sec 15(1)], Inclusions and exclusion of items for computation
of value of supply of goods, Value inclusive of tax. Lecture Hours -7

Unit-6 : Input Tax Credit (ITC) and Computation of GST Liability

Tax invoice, Debit and Credit note, Bill of supply (concept only), Meaning of ITC, Eligibility
for availing ITC [Sec 16(1)], Conditions to be satisfied and time limit for availing ITC [Sec
16(2), 16(4)], ITC on Capital goods (including impact of depreciation claimed/not claimed and
removal of capital goods after use), Apportionment of ITC where (i) Goods are used partly for
business purpose and partly for other purposes, (ii) Goods are used partly for effecting taxable

32
supply including zero rated supply and partly for exempted supply, Utilisation of ITC for
payment of tax, Computation of GST liability. Lecture Hours -10

Unit-7 : Registration :
Need for registration, Persons liable for registration (Sec 22), Persons not liable for registration
(Sec 23), Provisions for compulsory and voluntary registration, Cancellation or suspension of
registration. Lecture Hours -3

Unit-8 : Composition levy (Composition Scheme) and Payment of tax

Concept of composition scheme, Threshold limit for registration under composition scheme,
Determination of aggregate turnover (Simple Problem), Persons eligible to opt composition
scheme [Sec 10(2)], Conditions and restrictions of composition scheme, Rates of composition
scheme, Effective date and lapse of composition scheme, Time of payment of tax.
Lecture Hours -5

Customs Duty (15Marks)

Unit-9 : Basic Concept, Types and Valuation
Basic concepts of Customs duty, Definitions – Import, Export, Customs area, Customs station,
India, Territorial water, Indian customs water, Taxable Event in customs, Types of customs
duties−Basic, Integrated tax U/S 3(7), Compensation cess U/S 3(9), Protective, Safeguard,
Counterveiling duty on subsidised goods, Anti Dumping duty, Social welfare surcharge,
Valuation under Customs Act. Lecture Hours -10

Unit 10 : Baggage
Meaning of baggage, baggage exempted from duty, General duty free allowance, Jewellery
allowance, Rate of duty on baggage, Computation of duty payable (Simple Problem).
Lecture Hours -2

(The amendments, circulars and notifications related to GST issued by the appropriate
authority six months prior to the commencement of the concerned semester shall be
applicable).

Suggested Readings
1. The Central Goods and Services Tax Act, 2017.
2. K.M. Bansal, GST & Customs Law,Taxmann Publications.
3. V.K. Singhania, Student’s guide to GST & Customs Law,Taxmann Publications.
4. Girish Ahuja and Ravi Gupta, Systematic approach to Direct & Indirect Taxation,
Commercial Law publishers (India) Pvt. Ltd.

33
 Semester VI
Major (Core) Paper-13
AUDITING AND ASSURANCE
Full Marks 100
Credit of the Paper : 4
Semester end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

UNIT – I CONCEPT, NEED AND PURPOSE OF AUDIT Lecture Hours -8

➢ Audit: Definition, Difference between Audit and Assurance, nature, scope and
objectives of independent Financial Audit, Limitation of audit, Difference between
Audit and Investigation.
➢ Audit Principles: Basic Principles governing an audit, Independence of auditor,
Statutory provisions to protect auditor’s independence.
➢ Errors and Fraud - Concepts, means of doing fraud, window dressing of Balance
Sheet, Auditor’s Responsibility towards detection & prevention of fraud.
➢ Classification of Audit- Organisation structure wise (Statutory, Non-statutory);
Objective wise (Internal and Independent Financial Audit); Periodicity wise
(Periodical, Continuous, Interim, Final); Technique wise (Balance sheet, Standard,
Systems, EDP);
➢ Standards on Auditing (SA): Concept, Need & Purpose, Mandatory compliance of
SA Mandatory compliance of SA [Sec143 (9) & 143(10)].
❖ This unit should be studied with reference to SA 200 (Revised) and SA 240
(Revised).

UNIT – II AUDIT STRATEGY, PROCEDURES AND TECHNIQUES

Lecture Hours -10
➢ Audit Strategy: Audit Engagement, Audit Planning, Audit Programme.
➢ Audit Documentation: Audit Working Paper, Ownership and custody of Working
Papers, Audit file (Permanent and Current), Audit Note Book and Audit Memorandum.
➢ Audit Evidence: Concept, need, procedures to obtain Audit Evidence.
➢ Audit Techniques & Procedure: Test Checking, Auditing in Depth and Cut-off
checking, Analytical Procedure & Substantive Test in Auditing, Concept of Materiality.
❖ This unit should be studied with reference to SA 210, SA 230, SA 300, SA 320, SA
500, SA 520 and SA530

UNIT – III: RISK ASSESMENT AND INTERNAL CONTROL SYSTEM

Lecture Hours -8
➢ Audit Risk: Concept & Types only.
➢ Internal Control: Definition, Characteristics, Types of Internal control, Objectives.
➢ Internal check: Definition, Objectives.
➢ Internal Audit: Definition, objectives, Provisions of the Companies Act [sec.138 (1)
& Sec.138 (2)., Reliance by statutory auditor on Internal Auditor’s work.

34
 ❖ This unit should be studied with reference to SA 610

UNIT – IV: VOUCHING, VERIFICATION, VALUATION AND AUDIT OF SOME

ITEMS OF INCOME STATEMENT AND BALANCE
SHEET
Lecture Hours -10

➢ Vouching: Meaning, Objectives, Difference with Routing Checking, Factors to be

considered while vouching.
➢ Verification: Concept, Objectives, Importance, Difference with Vouching.
➢ Valuation of Assets and Liabilities: Meaning, Importance, Difference with
Verification.
➢ Audit of some Items of Income Statement (Assertions relating to Income
Statement: a) Occurrence b) Completeness c) Cut off d) Measurement e)
Presentation & Disclosure) i) Receipts: Sales, collection from debtors, Interest and
dividend income, Sale of Fixed Assets. Ii) Payments: Purchases, Payment to
Creditors, Employee Benefit Expenses, Insurance, Research and Development
Expenditure, Prepaid Expenses.
➢ Audit of Items of Balance Sheet (Assertions relating to Balance Sheet: a)
Existence b) Completeness c) Cut off d) Valuation e) Rights & Obligation f)
Presentation & Disclosure) i) Non-Current Assets: Plant and Machinery,
Leasehold land, Goodwill, Patent & copy Right ii) Investments iii) Current
Assets: Inventory, Loan and Advance, Trade Receivables (Sundry Debtors), Cash
at Bank iv) Non-current Liability: Secured loan (Debentures) v) Current
Liability: Trade Payables (Sundry Creditors).
➢ Audit of Educational Institution, Hospital, Hotels.

UNIT -V: AUDIT OF LIMITED COMPANIES Lecture Hours -12

➢ Company Auditor: Qualification, Disqualification, Appointment and Rotation,

Removal and Resignation, Remuneration, Rights, Duties & Liabilities, Restriction to
render services other than audit [Sec (144)]. Provisions of Companies Act regarding
declaration and payment of dividend (including unpaid dividend).
➢ Branch Audit: Qualification, Power and Duties of Branch auditor.
➢ Joint audit: Method of Division of work, Liabilities of Joint Auditor.

❖ This unit should be studied with reference to SA 299

UNIT VI: AUDIT REPORT AND CERTIFICATE Lecture Hours -6

➢ Meaning & Importance: Definition, Distinction between Report and Certificate,

Different types of Audit Report.
➢ Contents of Audit Report: As per Companies Act and Standards on Auditing.
➢ True and Fair View: Concept and Guiding Factors.

❖ This unit should be studied with reference to SA 700, SA 705 & SA 706

UNIT – VII: OTHER THRUST AREAS Lecture Hours -6

35
 ➢ Cost Audit – Concepts, Objectives.
➢ Management Audit - Concepts, Objectives.
➢ Tax Audit – Objectives, Legal Provisions
➢ Social Audit – Propriety Audit – Performance Audit – Environment Audit (Concepts
only)
➢ Professional Ethics: Meaning, Need for Professional Ethics.
(If new Laws or Rules are enacted in place of the existing laws and rules, the corresponding
provisions of such new laws and rules notified one year prior to the commencement of the
concerned Semester will be applicable).

Suggested Readings
• Tandon et al, Practical Auditing, S.Chand
• Gupta & Arora, Fundamentals of Auditing, TMH
• Jha, A., Auditing, Taxmann
• Basu, S. K., Auditing and Assurance, Pearson
• Ghosh, J., Contemporary Auditing and Assurance, Elegant Publishing
• Guha Ray, S., & Ghose, S., Auditing & Assurance for Students, Law Point
• Majumdar, Ayan., Auditing & Assurance, Tee Dee Publications
• Standards on Audit (SA) issued by the Institute of Chartered Accountants of India

Semester VI
Major (Core) Paper-14
BUSINESS MATHEMATICS AND STATISTICS
Full Marks 100
Credit of the Paper : 4
Semester end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

Part – A: Business Mathematics (40)

Unit 1: Matrices
Definition of a matrix, Types of matrices; Algebra of matrices. Calculation of values of
determinants up to third order; Adjoint of a matrix; Finding inverse of a matrix through ad
joint; Applications of matrices to solution of simple business and economic problems.
Lecture Hours-8
Unit 2: Differential Calculus
Mathematical functions and their types – linear, quadratic, polynomial; Concepts of limit and
continuity of a function; Concept of differentiation; Rules of differentiation – simple standard
forms. Applications of differentiation; Maxima and Minima of functions (involving second or
third order derivatives) relating to cost, revenue and profit.
(Excluding Trigonometrical Applications) Lecture Hours --12

36
Unit 3: Basic Mathematics of Finance
Simple and compound interest Rates of interest – nominal, effective and continuous – their
interrelationships; Compounding and discounting of a sum using different types of rates.
Lecture Hours -6
Unit4: PERMUTATIONS & COMBINATIONS
Meaning and problems on Permutations and Combinations. Basic identities and restricted
Combinations.

Lecture Hours -6
Part – B: Business Statistics (35)
Unit 1: Uni-variate Analysis
Presentation of data, Measures of Central Tendency including arithmetic mean, geometric
mean and harmonic mean: properties and applications; mode and median. Partition values -
quartiles, deciles, and percentiles. Measures of Variation: absolute and relative. Range, quartile
deviation and mean deviation; Standard Deviation and Variance: calculation and properties.
Lecture Hours -8
Unit 2: Bi-variate Analysis
Simple Linear Correlation Analysis: Meaning, and measurement. Karl Pearson's co-efficient
and Spearman’s rank correlation, Simple Linear Regression Analysis: Regression equations
and estimation. Relationship between correlation and regression coefficients.
Lecture Hours -8
Unit 3: Time-based Data
Index Numbers and Time-Series Analysis Meaning and uses of index numbers; Construction
of index numbers: Aggregative and average of relatives – simple and weighted, Tests of
adequacy of index numbers, Construction of consumer price indices. Components of time
series; additive and multiplicative models; Trend analysis: Finding trend by moving average
method and Fitting of linear trend line using principle of least squares.
Lecture Hours -12
Suggested Readings
• Business Mathematics and Statistics- N G Das & J K Das (Tata McGraw Hill)
• Statistics for Business Decisions – J. K .Das (Academic Publishers)
• Business Mathematics and Statistics- Sreyashi Ghosh and Sujata Dhar, Oxford
• Basic Mathematics and its Application in Economics – S. Baruah (Macmillan )
• Mathematics for Economics and Business – R. S. Bhardwaj (Excel Books)
• Mathematics and Statistics for Management – K B Akhilesh and S Balasubrahmanyam (Vikash
Publishing House Pvt.Ltd.)
• Business Statistics – G. C. Beri (Tata McGraw Hill)
• Fundamentals of Statistics – S.C.Gupta (Himalaya Publishing House )
• Statistics for Business and Economics – D. R. Anderson, D. J. Sweeney and T. A.
• Williams (Thomson Asia Pvt Ltd)
• Text Book of Business Mathematics , Padmalochan Hazarika, S.Chand

37
 Semester-VI
Major (Core) Paper 15
INDIAN FINANCIAL SYSTEM [New Syllabus]
Full Marks: 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

1. An Overview of the Indian Financial System [Lecture Hours-4]

▪ Introduction to Indian Financial System: Concept & meaning, significance,
functions;
▪ Structure/Components of Indian Financial System (Financial Institutions,
Financial Markets, Financial Instruments, Financial Services and Financial
Regulators);
▪ Financial System and Economic Development in India.

2. Indian Financial Market [Lecture Hours-4]

▪ Concept and meaning;
▪ Features, functions, structure and role of regulators;
▪ Organized and unorganized financial market;
▪ Types of financial markets: Money Market and Capital Market and their
differences.

2.1 Money Market [Lecture Hours-8]

2.1.

▪ Concept and meaning, features, functions, shortcomings, regulator, and

structure of Indian Money Market;
▪ Participants of money markets and Primary Dealers;
▪ Money Market Instruments in India: Call or Notice Money, Treasury Bills,
Commercial Papers, Commercial Bills, Certificate of Deposit, Re-purchase
Agreements (Repos & Reverse Repos);
▪ Recent trends in Indian Money Market.

2.2 Capital Market [Lecture Hours-14]

2.3

▪ Concept & meaning, features, functions, structure, limitations of Indian

Capital Market;
▪ Instruments - equity shares, preference shares, debentures, bonds and
derivatives;
▪ Participants of capital market, Types of equity market (primary &
secondary) and Role of Regulators;

38
 ▪ Primary Capital market: Methods of New Issues – Public
Issues/Offerings (IPO & FPO), Issue mechanism: Rights Issues, Bonus
Issues, Private Placement, Offer for Sale, Preferential Issue, Qualified
Institutional Placement; Book Building Process and Determination of
Cut Off Price (Basic concepts only)
▪ Secondary Capital Market: Concept of Stock Market and Stock
Exchanges; Understanding of Stock market Indices (SENSEX and
NIFTY), Market Intermediaries, Stock Brokers and Sub-brokers, Role
of Stock Exchanges in India; Concept of Dematerialisation and
Rematerialisation process of Securities; Depositories of Securities –
NSDL and CDSL
▪ Long-term Debt Market: Concept and meaning; Regulators, Market
Segment, Issuers, Instruments and Investors of Indian Debt Market;
▪ Derivative Markets: Concept, functions, participants, types-forwards,
futures, options and swaps
▪ Recent trends in Indian Capital Market

3. Banking and Other Financial Institutions [Lecture Hours-14]

▪ Brief Concept of Origin of Banking of India;

▪ Financial Sector reforms in India: Narasimham Committee
Recommendations (I & II);
▪ Types of Banks and Financial Institutions (FIs):
❖ Commercial Banks: Functions; Credit Creation by Commercial
banks;
❖ Central Bank/Reserve Bank of India (RBI): Functions; Credit
Control and Monetary Policy;
❖ Other Financial Institutions (An overview only): Development
Financial Institutions (DFIs)-- IDBI, NABARD, EXIM Bank
and SIDBI;Microfinance Institutions, Regional Rural Banks,
LICI and GICI, Non-banking financial Institutions, Mutual
Funds (MFs)

4. Financial Services [Lecture Hours-8]

▪ Financial Services: Concept and meaning, objectives, functions;

▪ Types of Financial Services: Fund-based and Fee-based;
▪ Merchant Banking: Concept, importance and functions; Pre and Post
Issue Management;
▪ Credit Rating: Concept and meaning, importance; Users of credit rating;
Credit Rating Agency- ICRA and CRISIL, MOODY’S;
5. Investors’ Protection [Lecture Hours-8]

39
 ▪ Investors’ Protection: Concept and importance;
▪ SEBI Guidelines regarding Rights and Responsibilities of Investors;
▪ Investors’ Grievances regarding Stock Market Trading;
▪ Concept of Grievance Redressal Mechanism;
▪ Role of SEBI, Company Law Board, Court/Judiciary and Media in the
Protection of Investors.

Suggested Readings
• Khan, M. Y., Indian Financial System-Theory and Practice, TMH
• Bhole, L. M., Financial Markets and Institutions, TMH
• Majumder S., Indian Financial System
• Nayak and Sana, Indian Financial System, Rabindra Library
• Basu, A, Mazumdar, D, Datta S., Indian Financial System, ABS
• Gurusamy, Financial Services, TMH
• Pathak, B., Indian Financial System, Pearson
• Bhattacharyya S., Indian Financial System, Oxford University Press
• Saha, S.S., Indian Financial System and Markets, McGraw Hill
• Saha, S.S., Capital Markets and Securities Law, Taxmann
• Kumar, Kaur & Gupta, Financial Markets, Institutions and Services, Taxmann

Semester VI
Minor Paper 7 (Elective)
Retail Management and Marketing of Services (M5)
Full Marks 100
Credit of the Paper : 4
Semester-end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

Unit1: Introduction to Retailing

Lecture Hours -10
• Concepts, Features of Retailing
• Importance Retailing
• Function

Unit 2 : Retailing inIndia

Lecture Hours -10
• Factors determining Growth of Retailing in India
• Factors affecting Retail Pricing
• Impact of Retail in Nation’s Economy
• Key Drivers of the Indian Retails Industry
• Evolution of retailing in India

Unit3: RetailFormats
Lecture Hours -10
• Concept

40
• Types of Retailing–Multi Channel Retailing, Single Channel Retailing
• Product factors of Retail format
• Location factors of Retail format
• Current Indian Scenario

Unit 4: Introduction to Services Marketing & Services and economy of a country

Lecture Hours 10
• Concept of services, Types, Function, Nature, Characteristics
• Understanding Services Customers
• Impact of service marketing in the economy of a country

Unit 5: Service Marketing Management

Lecture Hours 10
• Service Quality: Definition with example and Management
• Relationship marketing -Concept
• Service Communication Mix
• Communication Strategy

Unit6: Service Marketing in Non-profit and profit Organisations Lecture Hours-10

• Concept, Relevance and Prospect:
• TravelandTourism
• FinancialServices
• InformationTechnologyServices
• MediaServices
• HealthCareServices
• EducationalServices

SuggestedReading
▪ Madaan, Fundamentals of Retailing, Tata McGraw-Hill
▪ Pradhan,S., Retailing Management, McGrawHill
▪ Seshanna & Prasad, Retail Management, McGrawHill
• Berman,Evans &Mathur, Retail Management, Pearson
• Verma,H.V., Services Marketing, Pearson
• Venugopal and Raghu, Services Marketing, Himalaya Publishing Ltd.
• Ravi Shankar, Services Marketing: The Indian Perspective, Excel Books
• Rampal & Gupta, Services Marketing, Concepts, Applications & Cases, Galgotia
• Apte, Services Marketing, Oxford University Press

Semester VI
Minor Paper 8 (Elective)
Rural Marketing and International Marketing (M6)
Full Marks 100
Credit of the Paper : 4
Semester-end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

41
 Unit 1 : Rural Marketing and Environment Lecture Hours 10

• Concept, importance of rural marketing

• Rural vs. UrbanMarketing
• Rural vs. Agricultural Marketing
• Specific features of rural marketing (including environment)

Unit 2 :Rural Consumer Lecture Hours 10

• Characteristics
• Attitudes &behaviour
• Buying Patterns and Influences

Unit 3 : Marketing of Agricultural Products

Lecture Hours 10
• Marketing Mix strategiesof AgriculturalProducts
• Role of Government and non-Government organization
• Co-operative Marketing
• Problems and possibilitiesinAgricultural Marketing

Unit 4: Introduction of International Market Lecture Hours 10

• Definition
• NatureandScopeofInternationalMarketing
• International Marketing Environment(Basic Concepts )PESTEL-SWOC
• Market Entry (When-Why-How)
• EntryStrategy(Concept-Features-AdvantagesandDisadvantages)
• Categorization (Standardisation / Adaptation) of Product/ Service Planning

Unit 5 : International Pricing

Lecture Hours 10
• FactorsinfluencingInternationalPrice
• PriceQuotationandPaymentTerms

Unit 6: Import and Export Policies and Practices in India Lecture Hours 10
• Export Price
• EXIM Policy- An Overview
• Trends in India’s Foreign Trade
• Steps in Starting an Export Business
• Special Economic Zone

SuggestedReadings
• Rajagopal, Management of Rural Business, Wheeler
• Neelamegham, Marketing in India: Cases and Redings,VikasPublishing
• Mathur,U.C., Rural Marketing,Wheeler
• Nyyarand Ramaswamy, Globallization and Agricutural Marketings, Rawat
Publishers
• Mamoria, Agricultural marketing, Himalaya Publisheing House
• Kashyap,P., Rural Marketing, Pearson

42
 • Keegan, Multinational Marketing Management, Prentice Hall
• Kriplani, International Marketing, Prentice Hall
• Taggart and Mott, The Essence of International Business, Prentice Hall
• Kotler, Principles of Marketing, Prentice Hall
• Paliwala, The Essence of International Marketing, Prentice Hall
• Vasudeva, International Marketing, Excel Books
• Pateora, Graham and Salwan, International Marketing, McGraw Hill

SEMESTER VI
Minor Paper 7 (Elective)

SYSTEM ANALYSIS AND DESIGN (e-B5)

Full Marks 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks
Unit 1. Overview of System analysis and design: system concepts. System Development models –
Waterfall model, Spiral model. System development methods – major steps.
Lecture Hours 10
Unit 2. Phases in System Development: Problem definition. Analysis. Design. Implementation.
Evaluation. Lecture Hours 10
Unit 3. Information requirement analysis: Process modelling with physical and logical data flow
diagrams. Lecture Hours 12
Unit 4. System design: Process descripttions, Input/output controls, object modeling, Database design,
User Interface design, Documentation, Data Dictionary, Development methodologies: Top down,
bottom up, structured chart, decision table, decision tree. Lecture Hours 16
Unit 5. Testing – Unit, integration, system, Acceptance, regression, Test Case generation.
Lecture Hours 12
Suggested Reading:
• Parthasarathi, System Analysis & Design, EPH
• Raja Raman, Analysis & Design of Information Systems, PHI

SEMESTER VI
Minor Paper 8 (Elective)
COMPUTER & E-BUSINESS APPLICATION (e-B6) (Practical)
Full Marks 100
Credit of the Paper: 4 (Practical)

Module I –2 Credits (Marks: 50)- Practical

Unit 1: Coding
Unit 2: C++ or JAVA
Module II –2 Credits (Marks: 50)- Practical
Unit 1: HTML & DHTML
Unit 2: Python

B.Com. 3-year (MDC) Curricula and Syllabi (under CCF, 2022)

43
 Course Structure
for the 3-Year Under Graduate (B.Com.) Programme under NEP, 2020
recommended by UGBOS in Commerce, CU (based on the discussion with the
teachers of the affiliated Colleges in the Workshops held on 17.6.23,
17.10.2023 & 11.6.24)

Semester MDC MDC Inter/Multi AEC** SEC VAC** Intern- Total

(I – VI) (Core/Major) (Minor) Disciplinary 8 12 8 ship Credit
64 Credits 24 (IDC/MDC) Credits Credits Credits 3 (128
(16 Papers x Credits 9 Credits (4 (3 (2+2) Credits Credits)
4 credits) (6 (3 papers x papers papers credits x
papers 3 credits) x2 x4 2
x4 credits) credits)
credits)
I 1x4 =4 1x4=4 1x3=3 1x2=2 1x4=4 2+2 =4 21
(Eng 1)
II 1x4 =4 1x4=4 1x3=3 1x2=2 1x4=4 2+2 =4 3# 21
(Eng 2)
III 2x4=8 1x4=4 1x3=3 1x2=2 1x4=4 21
(MIL
1)

IV 4x4=16 1x4=4 1 x2=2 3# 22 + 3 #

(MIL
2)
V 4x4=16 1x4=4 20
VI 4x4=16 1x4=4 3# 20 + 3 #
Total for 6 16 x 4 = 6x4= 3x3= 4x2= 3x4= 2x4= 125 +
Semesters 64 24 9 8 12 8 3# 3#=
128
**AEC and VAC Papers are Common for All UG Programmes (B.A., B.Sc., B.Com

# Internship must be completed before exit.

B.Com. 3-Year Course (MDC) (under CCF, 2022)

Distribution of Courses across the Semesters
Total Credits :128 (125 + Internship 3) over 3 Years (6 Semesters)

Semester I
(Semester 1 & 2 Structure and Syllabi have been notified through CSR/13/2023)

Sl.No. Paper / Subject Credit of Total

the Paper Credit

44
 1 MDC (Major/ Financial Accounting I (3 TH + 1 TU) 4 4
Core)
1 Paper
2 MDC (Minor) Principles and Practice of Management 4 4
1 paper (3 TH + 1 TU)
3 Inter/Multi- Microeconmics (2 TH + 1 TU) 3 3
Disciplinary
(IDC/MDC)
1 paper
4 Ability English – I* 2 2
Enhancement
Course (AEC)
5 Skill Entrepreneurship Development (3 TH + 1 TU) 4 4
Enhancement
Course (SEC)
6 Value Added Environmental Studies*- 2 4* 4*
Course Constitutional Values - 2
(VAC)*
7 Summer --
Internship
21 21
*AEC and VAC are common to all UG Programme (BA,BSc,BCom).

Semester II
(Semester 1 & 2 Structure and Syllabi have been notified through CSR/13/2023)
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 MDC (Major/ Core) Cost Accounting I(3 TH + 1 TU) 4 4
1 Paper

2 MDC (Minor) Marketing Management and Human 4 4

1 paper Resource Management (3 TH + 1 TU)

3 Inter/Multi- Macroeconomics (2 TH + 1 TU) 3 3

Disciplinary
(IDC/MDC)
1 paper

4 Ability English -2 * 2 2
Enhancement
Course (AEC)
5 Skill Enhancement IT & its Application in Business 4 4
Course (SEC) (2 TH + 2 P)
6 Value Added Course Environmental Studies – 2 4 4
(VAC)* Any one from the pool of subjects – 2
7 Summer -- 3# 3#
Internship**
21+ 3# 21+ 3#
*AEC and VAC are common to all UG Programmes

45
Semester III
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 MDC (Major Cost Accounting -II (3 Th+ 1TU) 4 8
/Core) Direct Tax I(3 TH + 1 TU) 4
2 Papers

2 MDC (Minor) M1: Consumer Behaviour(3 Th+ 1TU) 4 4

1 paper OR
[M1 or eB1] e-B1: Fundamentals of Computer
(3 TH + 1 TU)
3 Inter/Multi- Indian Economic Environment (2 Th+ 1TU) 3 3
Disciplinary
(IDC/MDC)
1 Paper

Ability MIL -1* 2 2

Enhancement
Course (AEC)
5 Skill Computerized Accounting and Introduction 4 4
Enhancement to Data Science in Business (Practical)
Course (SEC)
6 Value Added -- -- --
Course (VAC)*
7 Summer --
Internship**
21 21
*AEC common to all UG Programmes

SEMESTER III
MDC (Major /Core) Paper 3
Cost Accounting -II
Full Marks 100
Credit of the Paper: 4
Semester-end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks
Lecture
Unit Topic Content
Hours
Cost Book-keeping
Non-Integrated System: Meaning & Features; Ledgers Maintained;
Cost Book-keeping Accounts prepared; General/Cost Ledger Adjustment Account;
1 Meaning of Closing Balance in Various Accounts; Disadvantages.
10
Reconciliation: Need for reconciliation; Items causing differences
between Cost and Financial Profits and their reconciliation.

46
 Problems of traditional costing; meaning of Activity Based
Activity Based
2 Costing; cost analysis under ABC; application of ABC (Simple 8
Costing problems)
Job Costing (Job cost cards and databases, Collecting direct costs
of each job, Attributing overhead costs to jobs, Applications of job
costing), Batch Costing- Basic Concepts
Contract Costing - Progress payments, Retention money,
3 Costing Methods-I 18
Escalation clause, Contract accounts, Accounting for material,
Accounting for plant used in a contract, Contract Profit, valuation
of Work-in-progress.
Service Costing - Introduction; Transport only
Process Costing: Meaning, Features, Process vs Job Costing,
Principles of cost ascertainment for Materials, Labour&
Overhead; Normal loss, Abnormal loss and gain and preparation
4 Costing Methods-II of process accounts. 18
Inter-process profit.
Valuation of WIP (under FIFO & Average) and Equivalent units
(excluding intermediary process).
Meaning, treatment and apportionment of cost;
Joint Product & By
5
product
valuation of stock and decision relating to further 6
processing
60
Suggested Readings
• Horngren, Foster, Datar, et al., Cost Accounting,- A Managerial Emphasis, Pearson
• B.Banerjee, Cost Accounting, PHI
• Jawahar Lal & Seema Srivastava, Cost Accounting, TMH
• M.Y.Khan&P.K.Jain, Management Accounting, TMH
• Atkinson, Management Accounting, Pearson
• Bhattacharyya, Ashish K., Cost Accounting for Business Manageres, Elsevier
• Ravi M Kishore, Cost and management Accounting, Taxmann
• Bhattacharyya, D., Cost & Management Accounting II for Students, Law Point
• Gupta, S., Cost Accounting, Taxmann
• Hanif, M., Cost and Managment Accounting, TMH
• Mitra, J.K., Cost and Management Accounting, Oxford
• Drury, C., Management and Cost Accounting, Cengage
• Basu, Amitabha, Cost & Management Accounting II, Tee Dee Publications

SEMESTER III
MDC (Major /Core) Paper 4
Direct Tax I
Full Marks 100
Credit of the Paper: 4
Semester-end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks

Un : d) Basic Concepts &Definitions Under IT Act.

it 1

47
 Assessee, Previous year, Assessment year, Person, Income, Total Income, Sources
of Income, Heads of income, Gross Total Income, Tax Evasion, Tax Avoidance,
Tax Planning, Tax Management.
e) Residential status and incidence of Tax
Determination of residential status of an individual, Incidence of tax on the basis of
residential status of an individual.
Lecture Hours – 8
Un : a) Incomes which do not form part of Total Income
it 2
10(1), 10(2), 10(2A), 10(5). 10(7), 10(10), 10(10A), 10(10AA), 10(10D), 10(11),
10(12), 10(13A), 10(14), 10(15), 10(16), 10(17), 10(32).
b)Agricultural Income
Definition, Determination of agricultural and non-agricultural income, Partial
integration of agricultural and non-agricultural income (concept only).
Lecture Hours – 5
Un : Heads of Income and provisions governing Heads of Income : Salaries
it 3
Chargeability, Scale of pay, Net Salary, Bonus, Commission, Allowances,
Perquisites, Profits in lieu of Salary, Deductions U/S16, Provident Fund, Gratuity,
Pension, Commutation of Pension, Leave Salary, Application of Sec 115 BAC,
Computation of Income from Salary. Lecture Hours - 15
Un : Heads of Income and provisions governing Heads of Income : Income from
it 4 House Property
Chargeability, Annual Value, Deductions U/S24 read with Sec 25, Special Provision
for arrears of rent and subsequent receipt of unrealised rent, Computation of income
from house property: let out, self occupied and used for own business.
Lecture Hours – 12
Un : Heads of Income and provisions governing Heads of Income
it 5
a) Profits and Gains of Business or Profession
Business and Profession – meaning, chargeability, Special emphasis on Sec 30, 31,
32, 35, 35D, 36(1) (ib), (ii), (iii), (iv), (vii), 37(1), 37(2B), 40A(2), 40A(3), 43B,
Computation of Profits and gains of Business or Profession.
b) Capital gains
Chargeability, Meaning and types of Capital assets and Capital gains, Basic concept
of transfer, Cost of acquisition, Cost of improvement, Concept of indexation,
Exemptions U/S 54, 54B, 54EC, 54F, Computation of Short Term Capital Gains and
Long Term Capital Gains, Capital gains on transfer of bonus and right shares.
f) Income from other sources
Chargeability, Incomes taxable under the head excluding deemed dividend and gifts,
Computation of income from other sources.
Lecture Hours - 20
(If any new provisions are enacted in place of the existing provisions, the syllabus will accordingly include
such new provisions in place of existing provisions, notified six months before the commencement of

48
semester. Similarly if any existing provision becomes redundant due to changes, it will be left out of the
syllabus)

Suggested Readings
• Singhnia V.K., and Singhania M, Students’ Guide to Income Tax, Taxmann
• Ahuja and Gupta, Systematic Approach to Taxation, Commercial Law Publishers
(India)
• Bangar and Bangar, Comprehensive Guide to Taxation, Part I, AadhyaPrakasan
• Mundhra and Mundhra, Prayas Taxation 1, Law Point I
• Bhadra & Satpati, Direct Tax I (English & Bengali), Dishari
ari Prakashani
Prakashani
• Das & BasuMallik, Direct Tax I, The Elegant Publications

Semester III
MDC (Minor) Paper 3 (Elective)
Consumer Behaviour (M1)
Full Marks: 100
Credit of the Paper 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1 :Consumer Behaviour

Lecture Hours -12
• Concept and importance of Consumer Behaviour
• Consumer Behaviour Model
o Nicosia Model
o Howard Sheth Model
• Marketing Ethics

Unit 2 :Determinants of Consumer Behaviour

Lecture Hours -12
• Consumer as an Individual, Need, Motivation
• Personality, Perception, Learning Attitude
• Communication persuasion
• Consumers in their Social & Cultural Setting, the family, Social Class,
Cross-Cultural Consumer Behaviour

Unit3:Consumer Decision-making Process

Lecture Hours -12
• Personal and Societal Influence & Opinion
• Consumer decision making process (Product: Goods & Services)

Unit 4 :Consumer Behaviour& Society

Lecture Hours -12

49
 • Health–care Marketing
• Political Marketing
• Social Marketing
• Environmental Marketing
• Public Policy & Consumer Protection

Unit 5 :Consumer Behaviour and Market Research

Lecture Hours -12
• Relevance of Marketing Information System
• Market Research in assessing Consumer Behaviour

SuggestedReadings:
Suhiffman& Kanuk, Consumer Behaviour, PHI
Loudon & Bitta, Consumer Behaviour, TMH
Bennet &Kassarjian, Consumer Behaviour, PHI
Batra & Kazmi, Consumer Behaviour, Text & Cases, Excel Books
Beri, Marketing Research, TMH
• Bradley, Marketing Research. Oxford University Press

SEMESTER III
Minor 3 (Elective)
FUNDAMENTALS OF INFORMATION SYSTEM (e-B1)
Full Marks: 100
Credit of the Paper 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks

Unit 1. Information System: Concept, Dimensions of Information System, Usefulness,

Types of Information System like MIS, AIS, DSS, GDSS, EIS, KES etc and their functions,
Approaches to Information System, The Information Systems Function in Business,
Organizing the Information Systems Function Lecture Hours - 5
Unit2. Enterprise System: Concept, Functions, Usefulness, Enterprise Software, Business
Value of Enterprise System, Enterprise Resource Planning (ERP) System, Need of ERP,
ERP Life Cycle, Types of Reports generated in ERP, Modules of ERP, Supply Chain,
Information System & Supply Chain Management, e-SCM, Supply Chain Management
Software, Information System & Customer Relationship Management, e-CRM, Customer
Relationship Management Software, Operational and Analytical CRM, Information System
& Human Resource Management System , e-HRMS, HRMS Software, Enterprise
Application, Opportunities and Challenges Lecture Hours - 15
Unit 3. Number System: Binary, Octal, Hexadecimal, Algorithm. Flowcharts- Concepts;
advantages and disadvantages of flowcharts, Problem solving using flowcharts. Decision
Tables - Concepts, advantages and disadvantages of decision tables, Problem solving using
decision tables. Lecture Hours - 5

Unit 4. Knowledge Management System: Dimensions of Knowledge, Knowledge

Management, Value Chain, Knowledge Management, Types of Knowledge Management

50
 Systems, Enterprise Content Management Systems, Knowledge Network Systems,
Knowledge Workers and Knowledge Work, Requirements of Knowledge Work Systems,
Knowledge Expert Systems, Intelligent Agents,, Fuzzy Logic Systems, Machine Learning,
Genetic Algorithms (Concepts only) Lecture Hours - 15
Unit 5. Data Communication and Computer Network System: Goals of Computer
network, Classification of Networks: LAN, WAN, Internet (with their specific features),
Transmission Media: Twisted Pair, Coaxial Cable, Optical fibre with their features and
applications, Wireless Communication: Bluetooth, Wi-FI etc, Connecting to internet; ISP;
IP address, World Wide Web; Web Browsing software, Search Engines; Understanding
URL; Domain name; Using e-governance website, Basics of electronic mail; Getting an
email account; Sending and receiving emails; Accessing sent emails; Using Emails;
Document collaboration Lecture
Hours - 20
Suggested Readings:
• ITLESL, Introduction to Computer Science, Pearson Education
• ITLESL, Introduction to Information Technology, Pearson Education
• .Sinha& Sinha, Fundamentals of Computers, BPB Publication.
• .Rajaraman, Fundamentals of Computers, PHI
• Jain & Tiwari, Computer Applications in Business, Taxmann

SEMESTER III
IDC / MDC Paper 3
INDIAN ECONOMIC ENVIRONMENT
Full Marks: 75
Credit of the Paper 3
Semester end Examination (Credit 2): 50 marks
Tutorial (Credit 1) : 25 marks
Total (2 Th+ 1TU) : 75 marks

1. INDIAN ECONOMIC ENVIRONMENT: Concepts, components, importance; Economic

growth and Development; Meaning of Underdeveloped Economy; Basic characteristics of
Indian Economy. Nature of Indian Economy: India- A Developing Economy, Human
Development Index. Lecture Hours-10
2.STRUCTURE OF THE INDIAN ECONOMY: Role of Agriculture in the Indian
Economy, Role of Industry in the Indian Economy: Role, Performance and Problems; Public
sector, Private sector, Small scale sector, MSME, MUDRA scheme,. Role of Services in the
Indian Economy, Financial sector reforms and fiscal policy reforms Lecture Hours - 20
3. ISSUES IN INDIAN ECONOMY: Problems of Unemployment, Poverty, Inequality in
income distribution, Inflation, Concepts of Parallel economy. Lecture Hours -5
4. INDIAN ECONOMIC PLANNING: Meaning, Objectives, Importance of planning in
India; Five Year plans: Achievements and Failures; NITI Aayog: Concepts and Objectives.
Lecture Hours-10
Suggested Readings:

51
•Dutt & Sundaram, Indian Economy, S.Chand
• Mishra &Puri, Indian Economy, Himalaya Publishing House
• Uma Kapila, Indian Economy
• JoydebSarkhel& Swapan Kr. Roy, Bharoterarthanaiti(Bengali)
• Banerjee & Majumdar, Business Economics and Business Environment,ABS
• Banerjee & Majumdar, BanijjikArthaniti –o- BanijjikParibesh(Bengali),ABS
• Ratan Khasnabish& Ranesh Roy, BanijjikArthaniti –o- BharoterarthanaitikParibesh(Bengali)
• Prakash, B.A., Indian Economy, Pearson • Fernando, Indian Economy, Pearson
• Das, Goyal & Kakar, Business Environment, Taxmann

SEMESTER III
SEC PAPER 3

Computerised Accounting and Introduction to Data

Science (Practical)
Full Marks: 100
Credit of the Paper 4 (Practical)
Semester end Examination (Credit - 4 Practical): 100 marks

Module I
Computerised Accounting (50 marks)
Unit 1:Computerised Accounting [50 Hours]
11. Basic Concepts - Creating, Altering and Deleting Company, Group & Ledger creation,
creation of opening Balance Sheet
12. Inventory – Creation of Stock Items, Stock Group, Stock Category, Units of
Measurement, Godown, Transfer of materials across Godown, Manufacturing Voucher
(Bill of Materials), Job Costing,
13. Accounting voucher, inventory voucher, memorandum voucher, invoicing,
14. Cost Centre, Cost Category, Budgets and Controls
15. Order Processing – Purchase Order Processing, Sales Order Processing, Purchase Bill
and Sales Invoice Creation
16. Bank Reconciliation
17. TDS
18. Payroll Accounting
19. Stock Analysis and Reports
20. Financial Reports (Trial Balance, Profit & Loss, Balance Sheet)
21. Backup and Restore, Security Control Setup

52
Unit 2: Digitalisation in India [10 Hours]
e. Application of e-services like e-PAN,
f. Digilocker,
g. Online Banking and Payments,
h. M-parivahan, Aadhaar-based Services, etc.

Module II
Introduction to Data Science (50 marks)
Unit 1: Database Applications [15 Hours]
Database Terminology, Objects, Creating Tables, working with fields, understanding Data
types, Changing table design, Assigning Field Properties, Setting Primary Keys, using field
validation and record validation rules, Indexing, working with multiple tables, Relationships
& Integrity Rules, Join Properties, Record manipulation, Sorting & Filtering; Select data with
queries: Creating Query by design & by wizard (Select, Make Table, Append, Delete, Cross
Tab, Update, Parameterized Query, Find Duplicate and Find Unmatched), Creating multi table
queries, creating & working with table joins. Using operators & expressions: Creating simple
& advance criteria; Working with forms: Creating Basic forms, working with bound, unbound
and calculated controls, understanding property sheet, Working with Data on Forms: Changing
Layout, creating Sub Forms, creating list box, combo box and option groups; Working with
Reports: Creating Basic Reports, Creating Header & Footer, Placing Controls on reports,
sorting & grouping, Creating Sub reports.
Unit 2: Advance Data Management with Spread Sheet [30 Hours]
Financial Functions: Ascertainment of Future Value, Present Value, Annuity, Loan repayment
break-up, EMI, RATE, TERM, Depreciation (DB, SYD, SLN)
Logical Functions: AND, FALSE, IF, IFERROR, NOT, OR, TRUE. Text Functions, Date and
Time Functions, Lookup Functions: Vlookup and Hlookup transpose.
Mathematical Functions: ROUND, COUNT, COUNIF, MIN, MAX, ROUND, VAR, INT,
SQRT, AVERAGE.
Statistical Functions: MEAN, MEDIAN, MOD, STDEV
Data Validation: What–if-analysis: Goal-seek, Data tables, and Scenario Manager;
Unit 3: Tables and Formatting [15 Hours]
Pivot – table: Generating pivot-table, and generating pivot charts, inserting pictures, clipart
shapes, smart arts, Using Chart wizard: Generating various types’ pie-charts, column, bar and
area diagram in representing data, using graph in data analysis using excel, Inserting bit map
objects, word Art, Create a link to a web-page, use of view menu in excel. Dealing numbers –
Currency, Accounting, Numbers, Dates, - short and long data, time, Percentage.
Suggested Reading:
• Database System Concepts 6th Ed,Elmasri and Navathe,Pearson

53
 • Database System Concepts 7th EdSilberschatz, Korth and Sudarshan,McGraw hill
• Business Analytics the Science of data driven decision making 2nd Ed,Dinesh Kumar,
IIM-A,Wiley
• Computersised Accounting System, Amarnath Das, Tee Dee Publications

Semester IV
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 MDC (Major Financial Accounting II (3 TH + 1 TU) 4
/Core) Direct Tax – II and e-filing of Tax Return 4
4 Papers (3 TH + 1 P) 16
E-Commerce &Business Communications 4
(3 TH + 1 TU)
Business Regulatory Framework 4
(3 TH + 1 TU)
2 MDC (Minor) M2: Sales Management (3TH + 1 TU) 4 4
1 paper OR
[ M2 or eB2] e-B2: Functional e-Business System (3TH 4
+ 1 TU)
3 Multi- -- --
Disciplinary
4 Ability MIL – II 2 2
Enhancement
Course (AEC)
5 Skill
Enhancement
Course (SEC)
6 Value Added
Course (VAC)*
7 Summer 3# 3#
Internship**
8 Research --
Project
22+ 3# 22+ 3#

54
 SEMESTER IV
MDC (Major /Core) Paper 5

FINANCIAL ACCOUNTING – II
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Marks shown against the units indicate marks for Semester–end Examinations

Lecture
Unit Topic Details
Hours

• Basic features; difference with sales. Recording in the books of

Consignor – at cost & at invoice price, Valuation of unsold stock;
1 Consignment Treatment and valuation of abnormal & normal loss. Ordinary 10
commission, Special commission; Del credere commission (with and
without bad debt) - use of Consignment Debtors Account, Recording
in the books of Consignee
• Concept of Branch; different types of Branches.
• Synthetic method– preparation of Branch account (at Cost & at Invoice
Price) – normal and abnormal losses.
• Analytical method:
preparation of Branch Stock, Branch Adjustment Account, Branch
2 Branch accounting
Debtors Account, etc. (at Cost & at Invoice Price ) – normal &
14
abnormal losses
• Preparation of Branch Trading and P/L account. (at cost & at Invoice
Price ) – normal and abnormal losses.
• Concept of wholesale and retail profit by Head Office and Branch

Hire purchase and • Meaning; difference of Hire Purchase with Instalment payment system;
3 Instalment payment Recording of transactions in the books of buyer – allocation of interest 8
system – use of Interest Suspense a/c – partial and complete repossession

• Concept, objective of preparation of departmental accounts;

apportionment of common cost; Preparation of Departmental Trading
Departmental
4 and P/L account, Consolidated Trading and P/L account; inter 8
accounts
departmental transfer of goods at cost, cost plus and at selling price and
elimination of unrealized profit.

• Loss of stock: concept of under-insurance and average clause;

computation of claim – with price change; consideration of unusual
selling line; price reduction, etc.
5 Insurance claim • Loss of profit: Concept – insured & uninsured standing charges, GP 8
rate, short sales and increased cost of working, average clause and
computation of claim (simple type)

• Retirement-cum-Admission of Partner, Accounting for dissolution of

6 Partnership firm – insolvency of one or more partner, consideration of private 12
estate and private liabilities. Piecemeal distribution – surplus capital
basis, maximum possible loss basis.

55
 60

Relevant Accounting Standards (ASs) issued by the Institute of Chartered Accountants of India are
to be followed.

Suggested Reading
• Sukla, Grewal, Gupta: Advanced Accountancy Vol. I & II, S Chand
• R. L.Gupta&Radheswamy, Advanced Accountancy Vol. I & II, S. Chand
• Maheshwari & Maheshwari, Advanced Accountancy Vol. I & II, Vikash Publishing House Pvt. Ltd.
• Sehgal & Sehgal, Advanced Accountancy Vol. I & II, Taxman Publication
• L.S.Porwal, Accounting Theory, Tata Mcgraw Hill
• Gokul Sinha, Accounting Theory & Management Accounting,
• B. Banerjee, Regulation of Corporate Accounting & Reporting in India, World Press.
• Lodha, R., Financial Accounting II Theory, Problems and Solutions, Law Point
• Frank Wood, Business Accounting Vol 1&II, Pearson
• Tulsian, Financial Accounting, Pearson
• Accounting Standards issued by ICAI

Semester IV
MDC (Major /Core) Paper 6
Direct Tax – II and e-filing of Tax Return
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Practical (Credit 1) : 25 marks
Total ((3 Th+ 1P) : 100 marks
Module-I
Direct Tax II (75 marks)

Unit 1 : a) Income of other persons included in assessee’s total income

Remuneration of spouse, Income from assets transferred to spouse and
son’s wife, Income from assets transferred to the benefit of spouse and
son’s wife, Income of minor.
b) Set off and carry forward of losses
Mode of set off and carry forward, Inter source and inter head set off, Carry
forward and set off of losses U/S 71B, 72, 73, 74, 74A.
Lecture Hours – 5
Unit 2 : a) Deductions from Gross Total Income and Rebate
Basic concepts on deductions, Deductions U/S80C, 80CCC, 80CCD,
80CCE, 80D, 80DD, 80DDB, 80E, 80G, 80GG, 80GGC, 80QQB, 80TTA,
80TTB, 80U.
b) Rebate U/S 87A
Lecture Hours – 7
Unit 3 : Computation of total income and tax payable

56
 a) Rate of tax applicable to different assessees except corporate assessees.
b) Taxability of STCG & LTCG.
c) Taxability on earnings from lottery, crossword puzzles & races.
d) Application of Sec 115BAC
e) Computation of Total Income and Tax Liability of an Individual and Firm
(excluding application of AMT) Lecture Hours - 12

Unit 4 : Tax management-I

a) Provision for filing of return
Due dates of filing of return, Relevant forms of , Mode of submission of
returns, Different types of returns, PAN, TAN.
b) Assessment of return
Self assessment U/S 140A, Summary assessment U/S 143(1), Scrutiny
assessment U/S 143(3), Best Judgement assessment U/S 144.
d) Advance tax and self assessment tax
Liability to pay advance tax, Due dates and computation of advance tax
payable (excluding for Corporate Assessees), self assessment tax – meaning
and computation.
Lecture Hours - 11

Unit 5 :Tax
Management-II

a) Interest and fees

Section 234A, 234B, 234C, 234F (simple problems on
interest)
b) Tax Deducted at source
TDS from salaries U/S 192, Interest on securities U/S 193,
Winning from lotteries or crossword puzzles U/S 194B,
Winning from horse race U/S 194BB.
c) Refund of Excess Payment
Right to claim refund, who can claim refund, How to claim
refund.
Lecture Hours - 10

Module-II

57
 e-filing of Tax Returns (Practical)
(1 Credit :25 marks)

a) Preparation and submission of Income Tax Returns (ITR -1) off line / on line for
individual tax payer (e-filing with or without EVC)
b) View Form 26AS, Annual Information Statement (AIS), Taxpayer Information
Summary (TIS), Uploading of return, View e-file returns, e-verification.
c) Use of e-tax calculator (including calculation of interest U/S 234A, 234B, 234C).
d) e-payment of tax (including generation of ITNS280)
Lecture Hours - 30
(If any changes are made through enactment of new provisions or notifications or circulars, six months prior to
commencement of the concerned Semester, such changes will be effective in place of the earlier ones. Similarly,
if any existing provision becomes redundant due to changes, it will be left out of the syllabus)

Suggested Readings
• Singhnia V.K., and Singhania M, Students’ Guide to Income Tax, Taxmann
• Ahuja and Gupta, Systematic Approach to Taxation, Commercial Law Publishers (India)
• Bangar and Bangar, Comprehensive Guide to Taxation, Part I, AadhyaPrakasan
• Mundhra and Mundhra, Prayas Taxation II, Law Point
• Das & BasuMallik, Direct Tax II, The Elegant Publications

Semester - IV
MDC (Major /Core) Paper 7
E-COMMERCE & BUSINESS COMMUNICATION
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

MODULE-1: E-COMMERCE (35 Marks)

Unit-1: Introduction
E-Commerce: Meaning, scope, major players, components, Merits, Demerits and
Importance, basic concept and features of ECRM, ERP, E-governance and Mobile
Commerce. Lecture Hours - 5
Unit-2: E-commerce Business Models
Concept and features: Business to Consumer (B to C), Business to Business (B to B),
Business to Government (B to G), Consumer to Consumer (C to C), Consumer to
Business (C to B). Lecture Hours - 7
Unit-3: E Payment System

58
Methods of e-payments [Debit Card, Credit Card, Smart Cards, e-Money], digital
signature and wallet [basic concept and features], payment gateways [Core Banking
Solution (CBS), Mobile Payment, UPI, NCPI, International Payments], Online
banking : meaning, concepts, importance, electronic fund transfer, risks involved in e-
payments.
Lecture Hours - 8
Unit-4: New Trends in E-Commerce
Social Commerce: concept, definition, features; Digital Marketing: definition,
objectives, methods, limitations, Advertisement in Social Media [only basic idea]
application of e-commerce in various sector [only concept] Lecture Hours - 8
Suggested Readings
E-Commerce
• P. T. Joseph, E-Commerce: An Indian Perspective, PHI Learning
• Henry Chan, Raymond Lee, Tharam Dillon, Elizabeth Chang, E-Commerce: Fundamentals
and Applications, Wiley.
• Laudon, E-Commerce, Pearson Education India
• Schneider G., E-Business, Cengage
• Roy, Dey, Bhadra & Satpati, E-Commerce & Business Communications, The Elegant
Publications
• Bhaskar, B., E–Commerce, McGraw Hill

MODULE 2- BUSINESS COMMUNICATION (40 marks)

E
Communication: Definition, scope, importance, elements, process, forms, models, principles
of effective communication, barriers to communication and remedial measures.
Business Communication: Concept, nature, objectives Lecture Hours - 4
Unit-2: Types of Communication: Concept and Features; Formal, Informal, Grapevine,
Corporate, upward, downward, horizontal, oral, written communication; Communication
Network: concept and features Lecture Hours - 8
Unit-3: Tools of Communication
Emergence of Communication Technology, Modern Forms of communication: Email, Video
Conferencing, WhatsApp and Oral Presentation [Concept, Importance and features]
Lecture Hours - 8
Unit-4: Drafting
Notice, Circular, Minutes, CV writing, Business letter writing - Offer letter, Quotation, ,
Confirmation, Execution, Refusal and Cancellation of order, Collection of debts, Claim for
compensatoion, Bank loan, Financial Status Enquiry Lecture Hours - 12

59
.
Suggested Readings
• Anjanee, S. & Bhavana Adhikari, Business Communication, TMH
• Chaturvedi &Chaturvedi, Business Communication : Concepts, Cases and Applications,
Pearson
• M.K.Shegal&Vandana Khetarpal, Business Communication, Excel Books
• R.K.Madhukar, Business Communication, Vikash Publishing House Pvt. Ltd.
• Rao, Kumar & Bindu, Business Communication, Cengage
• Khanna, Puja., Business Communication, Vikash
• Raman & Sharma, Technical Communication, Oxford
• Lesikar, Flatley et al, Business Communication, McGraw Hill

Semester - IV
MDC (Major /Core) Paper 8
BUSINESS REGULATORY FRAMEWORK
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU ) : 100 marks

Unit I: Introduction to Business law – Jurisprudence, Purpose and function of law,

types of law: natural, conventional, physical, civil, constitutional etc.
Lecture Hours - 5
Unit II: The Indian Contract Act, 1872: Lecture Hours - 20
A. General principles of contract
Contract – meaning, characteristics and types, Essentials of a valid contract- offer and
acceptance, consideration, capacity of parties, consent, legality of object, Void and
Voidable agreements - definition , types/elements and rules, Discharge of a contract –
modes of discharge, breach and remedies against breach of contract, Contingent
contracts and quasi contracts - definition and features
B. Specific Contract
Contract of Indemnity and Guarantee, Contract of Bailment, Contract of Agency -
definition, features and types
Unit III: The Sale of Goods Act, 1930 Lecture Hours - 10
Contract of sale, meaning and difference between sale and agreement to sell,
Conditions and warranties, Transfer of ownership in goods including sale by a non-
owner, Performance of contract of sale,Caveat Emptor (concept only), Unpaid seller –
meaning, rights of an unpaid seller against the goods and the buyer.
Unit IV: A. The Partnership Act, 1932 Lecture Hours - 15
Partner- definition, rights and types. partnership -definition, features and types,
Registration- concept and procedure, Dissolution of firm- concept and procedure
B.The Limited Liability Partnership Act, 2008
Meaning and Features of LLP,Advantages and Disadvantages of LLP, Procedure to
Form LLP
Unit V: Consumer Protection Act, 2019 Lecture Hours - 10

60
Objective and features of the Act, Definition: complainant, complaint, consumer,
consumer dispute, goods and services, unfair trade practices, Consumer protection
councils- composition, objective and jurisdiction

Suggested Readings
• Kumar Ravindra, Legal Aspects of Business, Cengage
• Tulsian&Tulsian, Business Laws, S.Chand
• Kapoor N.D., Business Laws, Sultan Chand
• Das S.K. & Roy P., Business Regulatory Framework, OUP
• Gulsan S.S., Business Laws, Excel Books
• Roychowdhury, Bhattacharjee & Datta, Business Regulatory Framework, Elegant
Publications
• Bhadra, Satpati and Mitra, AinerRuprekha (Bengali Version), Dishari
• Nabi, Legal Aspects of Business, Taxmann

SEMESTER IV
MDC (MINOR) PAPER 4 (ELECTIVE)
SALES MANAGEMENT (M2)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1 :Sales Organization

Lecture Hours – 12
• Purpose, principles and complexity of sales organization
• Models of SalesOrganisation:
o Island Model
o Functional Sales Organization
• Sales Organisation Structure: Influencing factors (including size), common problems—resolutions
And Decentralisation
• Tasks of Chief Sales Executive

Unit 2 : Designing the Sales Force

Lecture Hours -12
• Objectives& strategies
• SalesforceCompensation

Unit 3 :Managing the Sales Force

Lecture Hours -12
• Grievances handling of Sales Force

61
• Motivating Leading and Communicating with the Sales Force
• Performance Evaluation of Sale Force

Unit 4 :Personal Selling and Salesmanship

Lecture Hours -12
• Buyer-Seller Dyads
• Theories of selling
• Personal Selling as a Profession
• Steps in Personal Selling–Methods of Approaching a Customer
• Handing Customer Objections & Customer Relationship Management (CRM)
• After Sales services (including Rural Marketing & International Marketing)

Unit 5 :Marketing Channels and Selection

Lecture Hours -12
• Need, Functions, Levels
• Developing channel Objective, Selection of Appropriate Channel (including
Rural Marketing & International Marketing)
• Motivating, Leading, Communicating with the Channel Members
• Performance Evaluation of the Channel Members
• Modifying Channel Arrangements

Suggested Readings:

• Cundiff, Stilland Govoni, Sales Management, PHI

• Smith, Sales Management, PHI
• Kotler, Marketing Management, PHI
• Zieglar, et al Sales Promotion and Modern Merchandising
• Stem, Ansary and Coughlan Marketing Channels, PHI
• Warmer, Marketing and Distribution, Macmillan, New York
• Pyle, Marketing Principles, Macmillan, New York
• Doughlas, et al Fundamentals of Logistics and Distributions,

SEMESTER IV
MDC (MINOR) PAPER 4 (Elective)
FUNCTIONAL E-BUSINESS SYSTEM (e-B2)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1. Applications of E-Business: Direct Marketing and Selling, Value Chain Integration,
Supply Chain Management, Corporate Purchasing, Financial and Information Services, Obstacles
in adopting E-Business Applications. The virtual value chain planning E-Business project.
Lecture Hours - 5

62
Unit 2. Web Design & Development: Effective Web design: Requirements of Intelligent Websites,
Website Goals and Objectives, planning the budget, analyzing website structure, fixed versus
flexible webpage design,choosing a page size, website development tools, design alternatives,
outsourcing web design, testing and maintaining websites. Lecture Hours - 14

Unit 3. E-Commerce and Online Service Industries: Online financial services. Online travel
services. Online career services. Fin-tech and financial inclusion-types and tools,
Lecture Hours - 8

Unit 4. Electronic Payment Systems-Overview of Electronic Payment Systems, Customer to

Merchant Payments, Peer to Peer Payments. Electronic Banking, Electronic Fund, UPI, NFC enable
payments Lecture Hours - 8

Unit 5. Mobile Commerce- Wireless Spectrum, WAP - Origins of WAP, WAP Architecture.
Wireless Datagram Protocol(WDP), Short Message Services, General Packet Radio
Service(GPRS), Wireless Technology (CDMA, GSM), Different generations in Wireless
Communication, Mobile commerce and its future in India.
Lecture Hours - 10

Unit-6: Online Services:Online Financial Services: Fintech, Online Banking, Online Brokerage,
Online Mortgage and Lending Services, Online Insurance Services, Online Real Estate Services;
Online Travel Services, The Online Travel Market, Online Travel Industry Dynamics; Online Job
Recruitment and Career Services, Online Job Recruitment and Career Services Industry Trends.,
Block chain: concepts, application in businessb (Elementary Concepts). Lecture Hours - 15

Suggested Readings:
• S. Jaiswal, Doing Business on the Internet E-COMMERCE (Electronic Commerce for Business),
Galgotia Publications.
• P.T.Joseph, E-Commerce An Indian Perspective, S.J., PHI.
• Kenneth C. Laudon, Carol Guerico Traver, 3.E-Commerce Business.Technology, Society,
Pearson Education.
• Schneider, E-Commerce, Thomson Publication

63
Semester V
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 MDC (Major Financial Management (3 TH + 1 TU) 4
/Core) Accounting Theory and Regulations
4 Papers (3 TH + 1 TU) 4
Corporate Accounting (3 TH + 1 TU) 4 16
Company Law(3 TH + 1 TU) 4

2 Minor M3:Product& Pricing Management(3 TH + 1 4

2 papers TU)
[M3 OR OR
[eB3] eB3:Internet, Cyber Crimes & Business or 4
4
(3 TH + 1 TU)

3 Multi-
Disciplinary

4 Ability
Enhancement
Course
(AEC)
5 Skill -- -- --
Enhancement
Course
(SEC)
6 Value Added
Course (VAC
7 Summer 3# 3#
Internship
8 Research --
Project
20 +3# 20 + 3#

Semester V
MDC (Major /Core) Paper 9
FINANCIAL MANAGEMENT(3 TH + 1 TU)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks

64
 Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Lecture
Unit Topic Content
Hours
▪ Important functions of Financial Management
▪ Objectives of the firm: Profit maximisation vs. Value maximisation
▪ Role of Chief Financial Officer.
Introduction and
1 ▪ Financial environment in which a firm has to operate 6
Basic Concepts
▪ Time Value of Money: concept and reasons
▪ Compounding and Discounting techniques; Annuity and Perpetuity.
▪ Risk-return relationship (concepts only)
▪ Different sources of finance; long term and short term sources
Sources of Finance ▪ Cost of capital: concept, relevance of cost of capital, Implicit and Explicit
2 and Cost of Capital cost, specific costs (its computation) and weighted average cost (its 10
computation), rationale of after tax weighted average cost of capital,
marginal cost of capital (its computation).
▪ EBIT-EPS analysis and its limitations. Financial break even, point of
Financing Decision: indifference
EBIT-EPS; Leverage ▪ Leverage- Business Risk and Financial Risk - Operating and financial
3 and Capital Structure leverage, Trading on Equity 10
Theories ▪ Capital Structure decisions - Capital structure patterns, designing
optimum capital structure, Constraints, Features of sound capital structure,
various capital structure theories (excluding M-M model).
▪ Introduction; Meaning and various concepts of Working Capital
▪ Management of Working Capital and Issues in Working Capital
▪ Estimating Working Capital Needs; Operating or Working Capital Cycle.
Investment Decision: ▪ Policies relating Current Assets – Conservative, Aggressive and Balanced
4 ▪ Various sources of finance to meet working capital requirements; 12
Working Capital
Financing current assets: Strategies of financing (Matching, Conservative,
and Aggressive policies)
▪ Management of components of working capital (debtors management
only–credit period -simple type )
▪ Purpose, Distinguishing features, Objectives & Process, Understanding
different types of projects
▪ Concept of Cash flow; Cash flow vis-à-vis Profit and determination of
Cash flow
Investment Decision: ▪ Techniques of Decision making: Non-discounted and Discounted Cash
5 flow Approaches 14
Capital Expenditure
▪ Payback Period method, Accounting Rate of Return, Discounted Payback
Period, Net Present Value, Profitability Index and Benefit Cost ratio,
Internal Rate of Return with relative merits and demerits of the
methods(excluding replacement decision).
▪ Capital Rationing.
▪ Meaning, Nature and Types of Dividend, Dividend and Retention; concept
of pay-out ratio, retention ratio and growth.
Dividend Decisions
6 ▪ Dividend policies and formulating a dividend policy 8
▪ Dividend Theories: Walter’s Model, Gordon’s Model and M-M Model
(Ignore Tax)
Total 60

Suggested Readings
• M.Y.Khan&P.K.Jain, Financial Management, TMH
• Van Horne, Financial Management & Policy, Pearson
• Van Horne, Fundamentals of Financial Management, PHI
• B.Banerjee, Financial Policy & Management Accounting, PHI
• P.Chandra, Financial Management, TMH

65
 • Rustagi, R.P. Fundamentals of Financial Management. Taxmann Publication Pvt. Ltd.
• Pandey, I.M. Financial Management. Vikas Publications.
• Mehra & Arora, Corporate Finance with Financial Modelling, Taxmann
• Bhadra & Satpati, Financial Management (English & Bengali), Dishari Prakashani
• Lodha, R., & Chandak, M.M., Financial Management Theory, Problems and Solutions
• Bhattacharyya, D., Financial Management, Law Point
• Manna, A., Financial Management Theory & Practice (Bengali), Law Point

Semester V
MDC (Major /Core) Paper 10
ACCOUNTING THEORY AND REGULATION (3 TH + 1 TU)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Lecture
Unit Topic Details
Hours
• Concept of accounting theory; relation with practice; Approaches
to accounting theory (Inductive and Deductive), Need for the
Introduction to study of accounting theory. GAAP.
1 10
Accounting Theory • Capital: Meaning, capital maintenance concepts; Relation between
Capital and Income (Stock and Flow), Limitations of Historic Cost
accounting; Introduction to Fair Value accounting.

• Financial accounting standards: concept, benefits, procedure for

Introduction to issuing accounting standards (ASs) in India. Need and challenges
2 Accounting
for a global standard, IFRS (concept only), Concept of adoption and
10
Standard
convergence, Introduction to Ind AS (concept only).

• AS 1: Disclosure of Accounting Policies

• AS 2: Valuation of Inventories
• AS 4: Contingencies and Events Occurring after the Balance Sheet
Date
Accounting • AS 5: Net Profit or Loss for the period, prior period items, and
3 change in accounting policies 40
Standards (ASs)
• AS 9: Revenue Recognition (Revised)
• AS 10: Property, Plant and Equipment
• AS 13: Accounting for Investment
• AS 16: Borrowing Costs
• AS 20: Earnings per Share
60

Suggested Readings
• L.S.Porwal, Accounting Theory, Tata Mcgraw Hill
• Gokul Sinha, Accounting Theory & Management Accounting,
• B. Banerjee, Regulation of Corporate Accounting & Reporting in India, World Press.
• Frank Wood, Business Accounting Vol 1&II, Pearson

66
• Accounting Standards issued by ICAI

Semester V
MDC (Major /Core) Paper 11
Corporate Accounting (3 TH + 1 TU)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Lecture
Unit Topic Details
Hours
• Meaning of Company; Maintenance of Books of Accounts; Statutory
Books; Annual Return
Company – • Issue of Shares – issue, forfeiture, reissue, issue other than in cash
Introduction consideration and issue to the promoters; Pro-rata issue of shares.
Issue of debentures. Sweat equity.
and
1 • Right and Bonus Share – Rules, Accounting
Accounting for • Underwriting of shares and debentures: Rules; Determination of 16
Shares & Underwriters Liability – with marked, unmarked & firm
debentures underwriting; Accounting.
• Employee Stock Option Plan – meaning; rules; Vesting Period;
Exercise Period. Accounting for ESOP. Meaning and Accounting of
ESPS.
• Buy Back of Securities – meaning, rules and Accounting.
• Redemption of Preference Shares – Rules and Accounting (with and
Buy back and 16
2 without Bonus Shares)
Redemption
• Redemption of Debenture – Important Provisions, Accounting for
Redemption: by conversion, by lot, by purchase in the open market
(cum and ex-interest), held as Investment and Use of Sinking Fund
Company Final • Introduction to Schedule III; Treatment of Tax; transfer to reserve,
3 Accounts Dividend (out of current profit, out of past reserve).
12
• Preparation of Statement of Profit &Loss and Balance Sheet.
(tax on net profit without recognizing deferred tax)
• Goodwill – valuation using different methods,i.e., Average Profit,
Super Profit, Capitalisation and Annuity.
4 Valuation • Shares – Valuation using different methods: Asset approach, 8
Earnings approach, Dividend Yield, Earnings-Price, Cum-div and
Ex-div, Majority and Minority view and Fair Value
• Maintenance of Investment Ledger; Preparation of Investment
Investment Account (transaction with brokerage, STT, cum & ex-interest),
5 Valuation of Investment under FIFO and Average method; 8
Accounts
Investment Account for Shares (with Right Shares, Bonus Shares and
Sale of Right). Relevant Accounting Standard.
Total 60
Relevant Accounting Standards (ASs) issued by the Institute of Chartered Accountants of India are
to be followed.

Suggested Reading
• Sukla, Grewal, Gupta: Advanced Accountancy Vol. II, S Chand

67
 • R. L.Gupta&Radheswamy, Advanced Accountancy Vol. II, S. Chand
• Maheshwari & Maheshwari, Advanced Accountancy Vol. II, Vikash Publishing
• Sehgal & Sehgal, Advanced Accountancy Vol. I II, Taxman Publication
• Hanif & Mukherjee, Corporate Accounting, TMH
• Frank Wood, Business Accounting Vol II, Pearson
• V.K.Goyal, Corprate Accounting, Excel Books
• Accounting Standards issued by ICAI

Semester V
Company Law
MDC (Major /Core) Paper 12
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks
Unit 1: INTRODUCTION TO COMPANY
Company [Meaning and Features] Body Corporate, Kinds of Companies(Definition and Features)– One Person Company,
Private Company, Public Company, Holding Company, Subsidiary Company, Government Company, Associate Company,
Small Company, Dormant company, Lifting of corporate veil [brief concept] Brief concept of MCA 21
Lecture Hours -12
Unit 2: FORMATION OF A COMPANY
Steps in formation of a Company, Promotion Stage-Promoter [Meaning& Functions], Incorporation Stage – Meaning,
Contents, Forms of Memorandum of Association & Articles of Association and its alteration, Distinction between
Memorandum of Association and Articles of Association, Doctrines of constructive notice and Indoor management, Certificate
of Incorporation, Subscription Stage –Prospectus, [Concept &Types] Misstatement in prospectus and its consequences.
Lecture Hours -12
Unit 3: COMPANY ADMINISTRATION
Director (Concept and Definition),DINQualification, Disqualification, Appointment, Rights, Duties, , Liabilities, Removal and
Resignation of director, Key Managerial Personnel (Definition)– Managing Director, Whole time Directors, the Companies
Secretary, Chief Financial Officer, Resident Director, Independent Director, Women director[Appointment and Role]; CSR
(Sec 135): ( Basic concept) Lecture Hours -12
Unit 4: SHARE CAPITAL & DEBENTURE
Share &Share Capital- Definitionand Types, Difference between shares and stock; Allotment and Forfeiture of Shares,
Alteration of Share Capital: Bonus, Right, Capital Reduction ,Buyback, ESOP,Sweat Equity, , Share Certificate-Physical, D-
mat System;, Redemption of Preference Shares, Debenture – Definition, Types, Rules Regarding Issue of Debenture
Lecture Hours -12
Unit 5: CORPORATE MEETINGS
Corporate Meetings - Types of Corporate Meetings (Shareholder and Board); Shareholders Meeting- Annual General
Meeting ,Extraordinary General meeting,Requisite of Valid Meeting- Notice, Agenda, Chairman, Quorum, Proxy,
Resolutions, Minutes [Section 118}, Postal Ballot,Virtual meeting[to conduct AGM]E- voting, Video Conferencing, Board
Meetings [Brief concept] Lecture Hours -12

(If any changes are made through enactment of new provisions or notifications or circulars, one year prior to
commencement of the concerned Semester, such changes will be effective in place of the earlier ones. Similarly, if any
existing provision becomes redundant due to changes, it will be left out of the syllabus)

Suggested Readings
• Kumar Rabindra, Legal Aspects of Business, Cengage
• Bhadra, Satpati and Mitra, AinerRuprekha (Bengali Version), Dishari
• Kapoor, N.D., Corporate Law, S.Chand
• Arora, Bansal, Corporate Law, Oxford
• Jagota, Corporate laws, Taxmann

68
 • Ray Chowdhury, Bhattacharjee & Datta, Company Law, The Elegant Publications
• Dutta D.L., Company Law, Tee Dee Publications

SEMESTER V
MDC (Minor) Paper 5 (Elective)
Product & Pricing Management (M3)
Full Marks – 100
Credit of the Paper: 4
Semester-end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total (3 Th+ 1TU) : 100 marks

• Unit 1: Introduction to Product Management

Lecture Hours -12
• Product: Basic concept of product, levels,
• Marketing Mix: 4Ps & 7Ps, Marketing Mix for Agricultural products
• Product Mix Decisions
• Product-Life-Cycle: Concept, Operationalisationof PLC.
Product Portfolio: Concept, Product Portfolio matrix and its importance,BCGModel

• Unit 2: Market Segmentation

Lecture Hours -12
• Market Segmentation: Concept, Importance and bases (including Rural Market segmentation)
Unit 3: New Product Development
Lecture Hours -12
Concept, Importance, Stages, Reasons for failure of a new product
Adoptionprocess, Market Diffusion

Unit 4: Packaging and Branding (including Rural Marketing & International Marketing):
Lecture Hours -12
Packaging:
• Concept, Functions, Types of packaging
• Packaging Strategies
• Legal and Ethical aspects of packaging, Packaging and Labeling
Branding:
• Concept, Importance of function, Different Types of Brand and Branding
• Principles of Branding
• Positioning and repositioning strategies
• Basic concepts of Brand-equity

• Unit5:Pricing Management
Lecture Hours -12
• Concept of Pricing and Pricing Management
Pricing as an element of Marketing Mix (In special reference to Retailing, Service, Rural &
International Marketing)
• Importance of pricing in consumer buying process
• Determining factors of effective pricing
• Pricing approaches &methods

69
• Pricing in the Indian &International Context
• Regulatory Price Environment

SuggestedReading:
• Kotler and Kellar, Marketing Management, Pearson
• William and Ferrell, Marketing, Houghton Miffin McGraw-Hill
• Neelamegham, Marketing in India: Cases and Readings, Vikas Publishing
• Majumder, Product Management in India, PHI
• McCarthy and Perreault, Basic Marketing Managerial Approach, Irwin, Homewood,
Illinois
• Srivastava, R.K., Product Management & New Product Development, Excel Book
• Ramaswamy and Namakumari, Marketing Management, Macmillan India
• Srinivasan Case Studies in marketing: The India Context, PHI
• Baker & Hart, Product Strategy and Management, Pearson

SEMESTER V
MDC (Minor) Paper 5 (Elective)
Full Marks 100

INTERNET, CYBER CRIMES AND BUSINESS (e-B3)

Credit of the Paper: 4

Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit 1. Internet Concepts: WWW, Internet and E-Commerce, Linking to the Internet, Internet
Address, Internet Tools- Information Retrieval tools (ftp, Gopher),Communication Tools(Email, FTP,
Telnet, Usenet), Multimedia Information Tools(Home page),Information Search Tools( Archie, Veronica,
WAIS). Domain Name System. Communication Systems (Email, Fax), Software used in Electronic mail,
Electronic Meeting Systems( Audio conferencing, Video Conferencing, Groupware),
Lecture Hours -10
Unit 2Internet Security: Security on the internet, Network and Website Security Risks, Site
Hacking, Security Incidents on the internet security and email, network and website security,
Firewall(Concept, Components and Constituents, Benefits), Enterprise wide security Framework,
secure physical infrastructure). Lecture Hours -10

Unit 3Cybercrimes: Computer crime; Distinction between cybercrime and conventional crimes;
Kinds of cybercrimes- cyber stalking, cyber terrorism, forgery and fraud, crimes related to IPRs,
computer vandalism, cyber forensic. Instant messaging platform, social networking sites and mobile
applications, security risks, Cyber jurisdiction, E-forms; Frauds in Electronic Money Transfer,
Privacy of Data and Secure Ways of Operation in Cyber Space.
Lecture Hours -10
Unit 4 Ethical and Social Issues in E-Commerce: Understanding Ethical and Social Issues in E-
commerce, Basic Ethical Concepts: Responsibility, Accountability, Liability, and Due Process,
Analyzing Ethical Dilemmas, Ethical Principles. Lecture Hours -10
Unit 5 Privacy and Information Rights:Concept of Privacy, Privacy in the Public Sector: Privacy
Rights of Citizens; Privacy in the Private Sector: Privacy Rights of Consumers; Limitations on the
Right to Privacy: Law Enforcement and Surveillance. Net Neutrality. Lecture Hours -10

70
Unit 6: Social Network Marketing: Social Marketing Players, Social Marketing Process, Measuring
Social Marketing Results, Facebook Marketing, Instagram Marketing, TikTok Marketing, X
Marketing, YouTube Marketing, Pinterest Marketing, Marketing on Other Social Networks:
WhatsApp and LinkedIn, The Downside of Social Marketing and Cyber Crimes.
Lecture Hours -10

Suggested Readings:
● Arora, Sushma. and Arora R. Cyber crimes and laws, Taxmann Pvt Ltd, New Delhi.
● Brian, Craig. Cyber Law: The Law of the Internet and Information Technology. Pearson Education.
● Dejey(2018). Cyber Forensics.Oxford University Press
● Gusai, O.P. Concept Building Approach to Cybercrimes and Cyber Laws: Indian and International
Perspective. Cengage Learning India Pvt. Ltd. Delhi.
● Harish Chander &Kaur,G. Cyber Laws and IT Protection, 2nd ed.
● Madan, Sushila, Cyber Crimes and Laws. Scholar Tech Press, Delhi.
● Sharma J. P., and Kanojia, S. E-Business and Cyber Laws. New Delhi. Bharat Law House Pvt Ltd.
Additional Resources:
● Joseph, P.T. E-Commerce-An Indian Perspective. PHI
● Painttal, D. Law of Information Technology, New Delhi: Taxmann Publications Pvt. Ltd.
● Rattan, J. Cyber Crime and Information Technology, Bharat Law House, Pvt Ltd
● Information Technology Rules & Cyber Regulations Appellate Tribunal Rules with Information
Technology Act 2000. Taxmann Publications Pvt. Ltd., New Delhi.
• Arora & Arora, Cyber Crimes & Laws, Taxmann

71
72
Semester VI
Sl.No. Paper / Subject Credit of Total
the Paper Credit
1 MDC (Major Indirect Tax (3 TH + 1 TU) 4
/Core) Auditing &Assurance(3 TH + 1 TU) 4
4 Papers Business Mathematics and Statistics 4
(3 TH + 1 TU) 4 16
Indian Financial System (3 TH + 1 TU)

2 MDC M4:Marketing Communications (3 TH + 1 4

(Minor) TU)
1 paper OR
[M4 or e-B4] eB4: e-Business Applications(4-P - Practical) 4 4

3 Multi- -- --
Disciplinary

4 Ability --
Enhancement
Course
(AEC)
5 Skill --
Enhancement
Course
(SEC)
6 Value Added --
Course (VAC
7 Summer 3# 3#
Internship
8 Research --
Project
20 +3# 20 + 3#
Total Credits: 125 + 3# (Internship)
Sem 1 : 21, Sem 2 : 21 +3#, Sem 3 : 21, Sem 4 : 22 + 3#
Sem 5 : 20 , Sem 6 : 20 + 3#,

Semester VI
MDC (Major /Core) Paper-13
INDIRECT TAX
Full Marks 100
Credit of the Paper : 4
Semester end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

73
 Goods and Services Tax (60 marks)
Unit-1 : Basic Concept of Indirect tax and Goods & Services Tax (GST)
Concept of indirect tax, Difference between direct and indirect tax, Pre GST indirect tax
structure in India, Major defects in the structure of indirect tax prior to GST, Rationale for
GST, Post GST indirect tax structure in India, Concept, Structure and Types of GST, Taxes
subsumed into GST, Application of IGST, CGST, SGST & UTGST, Non applicability of GST,
GST Council ( Concepts and Composition) and Compensation Cess.
Definitions : Business, Capital goods, Casual taxable person, Goods, Input, Input tax, Output
tax, Person, Place of business, Registered person, Services, Taxable person.
Lecture Hours -5
Unit-2 : Taxable Event and Supply
Taxable event in GST, Commodities kept outside GST, Supply as per CGST Act, Activities
treated as supply under schedule I & II and supply of neither goods or services under Schedule
III (basic concept with simple case study), Types of supply – Inward supply, Outward supply,
Taxable supply, Non taxable supply, Exempt supply, Zero rated supply, Intra state and inter
state supply of goods (basic concept only), Composite supply, Mixed supply and their
taxability. Lecture Hours -7

Unit-3 : Levy of GST and Exemption from GST

Basis of charge of GST, Forward and Reverse charge (basic concept excluding specific goods
& services), Rate of GST, Basic concept of exemption from GST. Lecture Hours -3

Unit-4 : Time of Supply of Goods

Time limit for issue of invoice for supply (including goods sent on approval for sale or return),
Determination of time of supply under Forward and Reverse charge, Time of supply in case of
excess payment. Lecture Hours -8

Unit-5 : Place and Value of Supply

Determination of nature of supply of goods and import, Computation of value of supply of
goods under Transaction value [Sec 15(1)], Inclusions and exclusion of items for computation
of value of supply of goods, Value inclusive of tax. Lecture Hours -7

Unit-6 : Input Tax Credit (ITC) and Computation of GST Liability

Tax invoice, Debit and Credit note, Bill of supply (concept only), Meaning of ITC, Eligibility
for availing ITC [Sec 16(1)], Conditions to be satisfied and time limit for availing ITC [Sec
16(2), 16(4)], ITC on Capital goods (including impact of depreciation claimed/not claimed and
removal of capital goods after use), Apportionment of ITC where (i) Goods are used partly for
business purpose and partly for other purposes, (ii) Goods are used partly for effecting taxable
supply including zero rated supply and partly for exempted supply, Utilisation of ITC for
payment of tax, Computation of GST liability. Lecture Hours -10

Unit-7 : Registration :
Need for registration, Persons liable for registration (Sec 22), Persons not liable for registration
(Sec 23), Provisions for compulsory and voluntary registration, Cancellation or suspension of
registration. Lecture Hours -3

Unit-8 : Composition levy (Composition Scheme) and Payment of tax

74
Concept of composition scheme, Threshold limit for registration under composition scheme,
Determination of aggregate turnover (Simple Problem), Persons eligible to opt composition
scheme [Sec 10(2)], Conditions and restrictions of composition scheme, Rates of composition
scheme, Effective date and lapse of composition scheme, Time of payment of tax.
Lecture Hours -5

Customs Duty (15 Marks)

Unit-9 : Basic Concept, Types and Valuation
Basic concepts of Customs duty, Definitions – Import, Export, Customs area, Customs station,
India, Territorial water, Indian customs water, Taxable Event in customs, Types of customs
duties−Basic, Integrated tax U/S 3(7), Compensation cess U/S 3(9), Protective, Safeguard,
Counterveiling duty on subsidised goods, Anti Dumping duty, Social welfare surcharge,
Valuation under Customs Act. Lecture Hours -10

Unit 10 : Baggage
Meaning of baggage, baggage exempted from duty, General duty free allowance, Jewellery
allowance, Rate of duty on baggage, Computation of duty payable (Simple Problem).
Lecture Hours -2

(The amendments, circulars and notifications related to GST issued by the appropriate
authority six months prior to the commencement of the concerned semester shall be
applicable).

Suggested Readings
• The Central Goods and Services Tax Act, 2017.
• K.M. Bansal, GST & Customs Law, Taxmann Publications.
• V.K. Singhania, Student’s guide to GST & Customs Law, Taxmann Publications.
• Girish Ahuja and Ravi Gupta, Systematic approach to Direct & Indirect Taxation,
Commercial Law publishers (India) Pvt. Ltd.

Semester VI
MDC (Major /Core) Paper-14
AUDITING AND ASSURANCE
Full Marks 100
Credit of the Paper : 4
Semester end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

UNIT – I CONCEPT, NEED AND PURPOSE OF AUDIT Lecture Hours -8

➢ Audit: Definition, Difference between Audit and Assurance, nature, scope and
objectives of independent Financial Audit, Limitation of audit, Difference between
Audit and Investigation.
➢ Audit Principles: Basic Principles governing an audit, Independence of auditor,
Statutory provisions to protect auditor’s independence.

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 ➢ Errors and Fraud - Concepts, means of doing fraud, window dressing of Balance
Sheet, Auditor’s Responsibility towards detection & prevention of fraud.
➢ Classification of Audit- Organisation structure wise (Statutory, Non-statutory);
Objective wise (Internal and Independent Financial Audit); Periodicity wise
(Periodical, Continuous, Interim, Final); Technique wise (Balance sheet, Standard,
Systems, EDP);
➢ Standards on Auditing (SA): Concept, Need & Purpose, Mandatory compliance of
SA Mandatory compliance of SA [Sec143 (9) & 143(10)].
❖ This unit should be studied with reference to SA 200 (Revised) and SA 240
(Revised).

UNIT – II AUDIT STRATEGY, PROCEDURES AND TECHNIQUES

Lecture Hours -10
➢ Audit Strategy: Audit Engagement, Audit Planning, Audit Programme.
➢ Audit Documentation: Audit Working Paper, Ownership and custody of Working
Papers, Audit file (Permanent and Current), Audit Note Book and Audit Memorandum.
➢ Audit Evidence: Concept, need, procedures to obtain Audit Evidence.
➢ Audit Techniques & Procedure: Test Checking, Auditing in Depth and Cut-off
checking, Analytical Procedure & Substantive Test in Auditing, Concept of Materiality.
❖ This unit should be studied with reference to SA 210, SA 230, SA 300, SA 320, SA
500, SA 520 and SA530

UNIT – III: RISK ASSESMENT AND INTERNAL CONTROL SYSTEM

Lecture Hours -8
➢ Audit Risk: Concept & Types only.
➢ Internal Control: Definition, Characteristics, Types of Internal control, Objectives.
➢ Internal check: Definition, Objectives.
➢ Internal Audit: Definition, objectives, Provisions of the Companies Act [sec.138 (1)
& Sec.138 (2)., Reliance by statutory auditor on Internal Auditor’s work.

❖ This unit should be studied with reference to SA 610

UNIT – IV: VOUCHING, VERIFICATION, VALUATION AND AUDIT OF SOME

ITEMS OF INCOME STATEMENT AND BALANCE
SHEET
Lecture Hours -10
Vouching: Meaning, Objectives, Difference with Routing Checking, Factors to be considered
while vouching.

➢ Verification: Concept, Objectives, Importance, Difference with Vouching.

➢ Valuation of Assets and Liabilities: Meaning, Importance, Difference with
Verification.
➢ Audit of some Items of Income Statement (Assertions relating to Income
Statement: a) Occurrence b) Completeness c) Cut off d) Measurement e)
Presentation & Disclosure) i) Receipts: Sales, collection from debtors, Interest and
dividend income, Sale of Fixed Assets. Ii) Payments: Purchases, Payment to
Creditors, Employee Benefit Expenses, Insurance, Research and Development
Expenditure, Prepaid Expenses.

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 ➢ Audit of Items of Balance Sheet (Assertions relating to Balance Sheet: a)
Existence b) Completeness c) Cut off d) Valuation e) Rights & Obligation f)
Presentation & Disclosure) i) Non-Current Assets: Plant and Machinery,
Leasehold land, Goodwill, Patent & copy Right ii) Investments iii) Current
Assets: Inventory, Loan and Advance, Trade Receivables (Sundry Debtors), Cash
at Bank iv) Non-current Liability: Secured loan (Debentures) v) Current
Liability: Trade Payables (Sundry Creditors).
➢ Audit of Educational Institution, Hospital, Hotels.

UNIT -V: AUDIT OF LIMITED COMPANIES Lecture Hours -12

➢ Company Auditor: Qualification, Disqualification, Appointment and Rotation,

Removal and Resignation, Remuneration, Rights, Duties & Liabilities, Restriction to
render services other than audit [Sec (144)]. Provisions of Companies Act regarding
declaration and payment of dividend (including unpaid dividend).
➢ Branch Audit: Qualification, Power and Duties of Branch auditor.
➢ Joint audit: Method of Division of work, Liabilities of Joint Auditor.

❖ This unit should be studied with reference to SA 299

UNIT VI: AUDIT REPORT AND CERTIFICATE Lecture Hours -6

➢ Meaning & Importance: Definition, Distinction between Report and Certificate,

Different types of Audit Report.
➢ Contents of Audit Report: As per Companies Act and Standards on Auditing.
➢ True and Fair View: Concept and Guiding Factors.

❖ This unit should be studied with reference to SA 700, SA 705 & SA 706

UNIT – VII: OTHER THRUST AREAS Lecture Hours -6

➢ Cost Audit – Concepts, Objectives.

➢ Management Audit - Concepts, Objectives.
➢ Tax Audit – Objectives, Legal Provisions
➢ Social Audit – Propriety Audit – Performance Audit – Environment Audit (Concepts
only)
➢ Professional Ethics: Meaning, Need for Professional Ethics.
(If new Laws or Rules are enacted in place of the existing laws and rules, the corresponding
provisions of such new laws and rules notified one year prior to the commencement of the
concerned Semester will be applicable).
Suggested Readings
• Tandon et al, Practical Auditing, S.Chand
• Gupta & Arora, Fundamentals of Auditing, TMH
• Jha, A., Auditing, Taxmann
• Basu, S. K., Auditing and Assurance, Pearson
• Ghosh, J., Contemporary Auditing and Assurance, Elegant Publishing
• Guha Ray, S., & Ghose, S., Auditing & Assurance for Students, Law Point
• Standards on Audit (SA) issued by the Institute of Chartered Accountants of India

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 Semester VI
MDC (Major /Core) Paper-15
BUSINESS MATHEMATICS AND STATISTICS
Full Marks 100
Credit of the Paper : 4
Semester end Examination (Credit 3): 75 Marks
Tutorial Examinations (Credit 1): 25 Marks
Total (3 Th + 1 TU): 100 Marks

Part – A: Business Mathematics (40)

Unit 1: Matrices
Definition of a matrix, Types of matrices; Algebra of matrices. Calculation of values of
determinants up to third order; Adjoint of a matrix; Finding inverse of a matrix through ad
joint; Applications of matrices to solution of simple business and economic problems.
Lecture Hours-8
Unit 2: Differential Calculus
Mathematical functions and their types – linear, quadratic, polynomial; Concepts of limit and
continuity of a function; Concept of differentiation; Rules of differentiation – simple standard
forms. Applications of differentiation; Maxima and Minima of functions (involving second or
third order derivatives) relating to cost, revenue and profit.
(Excluding Trigonometrical Applications) Lecture Hours --12
Unit 3: Basic Mathematics of Finance
Simple and compound interest Rates of interest – nominal, effective and continuous – their
interrelationships; Compounding and discounting of a sum using different types of rates.
Lecture Hours -6
Unit4: PERMUTATIONS & COMBINATIONS
Meaning and problems on Permutations and Combinations. Basic identities and restricted
Combinations. Lecture Hours -6

Part – B: Business Statistics (35)

Unit 1: Uni-variate Analysis
Presentation of data, Measures of Central Tendency including arithmetic mean, geometric
mean and harmonic mean: properties and applications; mode and median. Partition values -
quartiles, deciles, and percentiles. Measures of Variation: absolute and relative. Range, quartile
deviation and mean deviation; Standard Deviation and Variance: calculation and properties.
Lecture Hours -8

Unit 2: Bi-variate Analysis

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Simple Linear Correlation Analysis: Meaning, and measurement. Karl Pearson's co-efficient
and Spearman’s rank correlation, Simple Linear Regression Analysis: Regression equations
and estimation. Relationship between correlation and regression coefficients.
Lecture Hours -8
Unit 3: Time-based Data
Index Numbers and Time-Series Analysis Meaning and uses of index numbers; Construction
of index numbers: Aggregative and average of relatives – simple and weighted, Tests of
adequacy of index numbers, Construction of consumer price indices. Components of time
series; additive and multiplicative models; Trend analysis: Finding trend by moving average
method and Fitting of linear trend line using principle of least squares.
Lecture Hours -12
Suggested Readings
• Business Mathematics and Statistics- N G Das & J K Das (Tata McGraw Hill)
• Statistics for Business Decisions – J. K .Das (Academic Publishers)
• Business Mathematics and Statistics- Sreyashi Ghosh and Sujata Dhar, Oxford
• Basic Mathematics and its Application in Economics – S. Baruah (Macmillan )
• Mathematics for Economics and Business – R. S. Bhardwaj (Excel Books)
• Mathematics and Statistics for Management – K B Akhilesh and S Balasubrahmanyam (Vikash
Publishing House Pvt.Ltd.)
• Business Statistics – G. C. Beri (Tata McGraw Hill)
• Fundamentals of Statistics – S.C.Gupta (Himalaya Publishing House )
• Statistics for Business and Economics – D. R. Anderson, D. J. Sweeney and T. A.
• Williams (Thomson Asia Pvt Ltd)
• Text Book of Business Mathematics , Padmalochan Hazarika, S.Chand

Semester VI
MDC (Major /Core) Paper 16
INDIAN FINANCIAL SYSTEM [New Syllabus]
Full Marks: 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

6. An Overview of the Indian Financial System [Lecture Hours-4]

▪ Introduction to Indian Financial System: Concept & meaning, significance,
functions;
▪ Structure/Components of Indian Financial System (Financial Institutions,
Financial Markets, Financial Instruments, Financial Services and Financial
Regulators);
▪ Financial System and Economic Development in India.

7. Indian Financial Market [Lecture Hours-4]

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 ▪ Concept and meaning;
▪ Features, functions, structure and role of regulators;
▪ Organized and unorganized financial market;
▪ Types of financial markets: Money Market and Capital Market and their
differences.

2.4 Money Market [Lecture Hours-8]

7.1.

▪ Concept and meaning, features, functions, shortcomings, regulator, and

structure of Indian Money Market;
▪ Participants of money markets and Primary Dealers;
▪ Money Market Instruments in India: Call or Notice Money, Treasury Bills,
Commercial Papers, Commercial Bills, Certificate of Deposit, Re-purchase
Agreements (Repos & Reverse Repos);
▪ Recent trends in Indian Money Market.

2.5 Capital Market [Lecture Hours-14]

2.6

▪ Concept & meaning, features, functions, structure, limitations of Indian

Capital Market;
▪ Instruments - equity shares, preference shares, debentures, bonds and
derivatives;
▪ Participants of capital market, Types of equity market (primary &
secondary) and Role of Regulators;
▪ Primary Capital market: Methods of New Issues – Public
Issues/Offerings (IPO & FPO), Issue mechanism: Rights Issues, Bonus
Issues, Private Placement, Offer for Sale, Preferential Issue, Qualified
Institutional Placement; Book Building Process and Determination of
Cut Off Price (Basic concepts only)
▪ Secondary Capital Market: Concept of Stock Market and Stock
Exchanges; Understanding of Stock market Indices (SENSEX and
NIFTY), Market Intermediaries, Stock Brokers and Sub-brokers, Role
of Stock Exchanges in India; Concept of Dematerialisation and
Rematerialisation process of Securities; Depositories of Securities –
NSDL and CDSL
▪ Long-term Debt Market: Concept and meaning; Regulators, Market
Segment, Issuers, Instruments and Investors of Indian Debt Market;
▪ Derivative Markets: Concept, functions, participants, types-forwards,
futures, options and swaps
▪ Recent trends in Indian Capital Market

8. Banking and Other Financial Institutions [Lecture Hours-14]

▪ Brief Concept of Origin of Banking of India;

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 ▪ Financial Sector reforms in India: Narasimham Committee
Recommendations (I & II);
▪ Types of Banks and Financial Institutions (FIs):
❖ Commercial Banks: Functions; Credit Creation by Commercial
banks;
❖ Central Bank/Reserve Bank of India (RBI): Functions; Credit
Control and Monetary Policy;
❖ Other Financial Institutions (An overview only): Development
Financial Institutions (DFIs)-- IDBI, NABARD, EXIM Bank
and SIDBI; Microfinance Institutions, Regional Rural Banks,
LICI and GICI, Non-banking financial Institutions, Mutual
Funds (MFs)
9. Financial Services [Lecture Hours-8]

▪ Financial Services: Concept and meaning, objectives, functions;

▪ Types of Financial Services: Fund-based and Fee-based;
▪ Merchant Banking: Concept, importance and functions; Pre and Post
Issue Management;
▪ Credit Rating: Concept and meaning, importance; Users of credit rating;
Credit Rating Agency- ICRA and CRISIL, MOODY’S;
10. Investors’ Protection [Lecture Hours-8]
▪ Investors’ Protection: Concept and importance;
▪ SEBI Guidelines regarding Rights and Responsibilities of Investors;
▪ Investors’ Grievances regarding Stock Market Trading;
▪ Concept of Grievance Redressal Mechanism;
▪ Role of SEBI, Company Law Board, Court/Judiciary and Media in the
Protection of Investors.

Suggested Readings
• Khan, M. Y., Indian Financial System-Theory and Practice, TMH
• Bhole, L. M., Financial Markets and Institutions, TMH
• Majumder S., Indian Financial System
• Nayak and Sana, Indian Financial System, Rabindra Library
• Basu, A, Mazumdar, D, Datta S., Indian Financial System, ABS
• Gurusamy, Financial Services, TMH
• Pathak, B., Indian Financial System, Pearson
• Bhattacharyya S., Indian Financial System, Oxford University Press
• Saha, S.S., Indian Financial System and Markets, McGraw Hill
• Saha, S.S., Capital Markets and Securities Law, Taxmann
• Kumar, Kaur & Gupta, Financial Markets, Institutions and Services, Taxmann

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 Semester VI
MDC (Minor) Paper 6 (Elective)
MARKETING COMMUNICATIONS (M4)
Full Marks – 100
Credit of the Paper: 4
Semester end Examination (Credit 3): 75 marks
Tutorial (Credit 1) : 25 marks
Total ((3 Th+ 1TU) : 100 marks

Unit1 :Introduction to Communication Process

Lecture Hours -12
• Marketing Communication: Concept (AIDA Model) & Importance
• Barriersto Marketing Communication
• Social Media& Digital Marketing: Concepts (Relevance, Objective & Prospects)

Unit2 :Communication Mix

Lecture Hours -12
• Communication Mix : Concept (Need and Objective) & Elements
• Communication in Retail Management (Features, Objectives, Tools and Strategies)
• Communication in Service Marketing (Features, Objectives, Tools and Strategies)
• Communication in Rural Marketing (Features, Objectives, Tools and Strategies)
• Communication in International Marketing (Features, Objectives, Tools and Strategies)

Unit3:Advertising Process
Lecture Hours -12
• Advertising: Definition, Objective, Importance, Types & Function
• Advertising Process & Advertising Budget
• Legal, Ethical & Economic aspects of Advertising
• Advertising Appeal
• Copy Writing (Headline, Illustration, Message)
• Copy Type
• Campaign Planning
• Different Types of Media
• Media Planning and Scheduling

Unit4: Impact of Advertising Lecture Hours -12

• Advertising Agency Vs Advertising Department
• Relationships with Clients
• Measuring Advertising Effectiveness

Unit5 :Sales Promotion Lecture Hours -12

• Sales Promotion: Meaning, Nature, Type,Function and Limitation
• Sales Promotion Techniques (Sample Distribution, Coupon, Price off premium plan, Consumer
contests, Displays Demonstration, Trade Fairs and Exhibitions

Suggested Readings:
• BatraandMyers,AdvertisingManagement,PrenticeHall
• Sengupta, BrandPositioningStrategiesforCompetitiveAdvantage,TMH
• Cundiff,StillandGovoni,SalesManagement,PrenticeHall
• RossiterandPercy, AdvertisingandPromotion Management, MacGraw-HillSundage,

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 • FryburgerandRotzoll,AdvertisingTheoryandPractice,AITBS
• Belch andBelch,AdvertisingandPromotion,McGrawHill
• Venugopal and Raghu, Services Marketing, Himalaya Publishing Ltd.
• Ravi Shankar, Services Marketing: The Indian Perspective, Excel Books
• Rampal &Gupta,ServicesMarketing,Concepts,Applications& Cases, Galgotia
• Apte, Services Marketing, Oxford University Press
• Taggart and Mott, The Essence of International Business, Prentice Hall
• Kotler, Principles of Marketing, Prentice Hall
• Paliwala, The Essence of International Marketing, Prentice Hall
• Vasudeva, International Marketing, Excel Books
• Pateora, Graham and Salwan, International Marketing, McGraw Hill

Semester VI
MDC (Minor) Paper 6 (Elective)
COMPUTER & E-BUSINESS APPLICATION (e-B4) (Practical)
Full Marks 100
Credit of the Paper: 4 (Practical)

Module I – 2 Credits (Marks: 50)- Practical

Unit 1: Coding
Unit 2: C++ or JAVA
Module II – 2 Credits (Marks: 50)- Practical
Unit 1: HTML & DHTML
Unit 2: Python

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