BANARAS HINDU UNIVERSITY

(Detailed Syllabus of different Courses under NEP 2020)

Department of Commerce
Faculty of Commerce

Course Title Business Finance

Category of Major/Minor/Minor (Vocational)/SEC/AEC/VAC/ MD/Internship/Dissertation
Course1 (Tick any one of the above)
Credits2&Hour
of Teaching Theory Practical Cumulative
Credits 4 - 4
Hour of Teaching(Total) 60 - 60
Course 1. To familiarize students with the concepts of Business Finance and make them
Objectives(not understand their complications.
more than 100 2. To provide understanding of Time Value of Money and Risk-Return.
words)
3. To help them understand topics such as Capital Budgeting and Cost of Capital.
Course Content The course content be divided into minimum 3 Units to maximum 5 units along with
Defined hour of teaching for each unit.

Units Course Content Hrs. of Teaching

I Introduction: 15
Nature, Scope & Evolution of Business Finance, Relationship of Finance
with other Business Functions; Difference between Traditional & Modern
Concepts of Finance Function; Financial Planning-Concept, Features of
Sound Financial Plan, Factors Affecting
Financial Planning, Types of Financial Planning, Significance &Limitations of
Financial Planning.
II Time Value of Money & Capital Budgeting: 15
Concept of Time value of Money; Determination of Time value;
Relationship between Risk-return; Capital Budgeting- Meaning, Scope,
Importance & Limitations of Capital Budgeting; Capital Budgeting Process;
Techniques of Capital Budgeting- ARR, Payback method ,NPV, IRR, PI
;Capital Rationing.
III Sources and Cost of Capital: 15
Long-term, Medium-term and Short-term Sources of Finance; Cost of
Capital- Meaning, Significance and Components of Cost of Capital;
Measurement of Cost of Equity Capital, Debt Capital, Preference Share
Capital and Retained Earnings; Weighted Average Cost of Capital.
IV Dividend Policy: 15
Concept of Dividend; Kinds of Dividend; Significance and Types of Dividend
Policy; Factors Affecting Dividend Policy and value of the firm, Dividend;
Models of Dividend Policy-MM Model, Gordon Model, Walter Model.

1
SEC–Skill Enhancement Course; AEC– Ability Enhancement Course; VAC– Value Added
Course; MD– Multidisciplinary Course
2
1 Credit (Theory) = 15 Hours; 1Credit (Practical) = 30 Hours
Texts / 1. I. M. Pandey, Financial Management, Vikas Publishing House.
References 2. M.Y. Khan and P.K. Jain, Financial Management: Text and Problems, McGraw
Hill Education.
3. Western and Brigham, Financial Management: Theory and Practice, Cengage
Publications.
4. Van Horne and James C., Financial Management and Policy, Pearson Education.
5. H. K. Singh, Business Finance, Navyug Publication.
6. V. K. Bhalla, Financial Management, S Chand & Company.
7. Nidhi Srivastava, Introduction to Business Finance, Redshine Publication.
8. S.P. Gupta, Business Finance, Sahitya Bhawan Publications.
Learning 1. Proper understanding of the basic concepts of Business Finance.
Outcomes 2. Able to address complication of the financial world and its implications by
(not more than using Capital Budgeting, Cost of Capital and Inventory Management.
100 words) 3. Assessing diverse issues such as Receivable of Management and
Management of cash and real-life examples related to the financial world.

Head of the Department

 BANARAS HINDU UNIVERSITY
(Detailed Syllabus of different Courses under NEP 2020)

Department of Commerce
Faculty of Commerce

Course Title BUSINESS MANAGEMENT (II Semester)

Category of Major / Minor / Minor (Vocational) / SEC / AEC / VAC / MD/Internship/Dissertation
Course1 (Tick any one of the above)
Credits2 & Hour Theory Practical Cumulative
of Teaching Credits 4 - 4
Hour of Teaching 60 - 60
(Total)
Course 1. To provide basic knowledge to the students about the Management of
Objectives a business enterprise.
(not more than 2. To analyze the relationship amongst functions of Management i.e. Planning,
100 words) Organizing, Directing and Controlling.

Course Content The course content be divided into minimum 3 Units to maximum 5 units along with
defined hour of teaching for each unit.
Units Course Content Hrs. of Teaching
I Introduction to Management: 15
Concept, Nature, Functions and Significance of Management. Levels of
Management. Henry Mintberg’s Management Roles. Contributions of
F.W. Taylor and Henri Fayol to Modern Management Thoughts.
Conceptual Framework of Planning, Decision-making and Management
by Objectives. Organising : Concept, Process and Significance of
Organisation. Types of Organisation Structure. Delegation of Authority.
Centralisation and Decentralisation of Authority. Span of Management.

II Staffing: 10
Concept, Scope and Process of Staffing. Recruitment – Meaning and
Sources. Selection – Process of Selection. Types of Interviews and
Essentials of Successful Interview. Training – Concept, Significance and
Methods.

III Directing and Coordination: 15

Meaning, Elements and Significance of Directing. Principles of Directing;
Leadership: Concept, Significance and Types of Leaders. Style of
Leadership. Communication – Concept, Process and Barriers to
Communication. Coordination- Concept and Technique.
.

1
SEC – Skill Enhancement Course; AEC – Ability Enhancement Course; VAC – Value Added
Course; MD – Multidisciplinary Course
2
1 Credit (Theory) = 15 Hours; 1 Credit (Practical) = 30 Hours
 IV Motivation and Control: 20
Concept and Significance of Motivation. Types of Incentives.
Theories of Motivation – Abraham Maslow, Fredric Herzberg,
Douglas McGregor and William Ouchi only. Controlling-
Concept, Process and Techniques of Controlling. A Conceptual
Framework of Morale.

Texts / 1. Basu, C. (2017). Business Organisation and Management. McGraw Hill Education.
References 2. Drucker, P. F. (1954). The Practice of Management. New York: Harper & Row.
3. Kaul, V. K. (2012). Business Organisation Management. Pearson Education.
4. Jha B. and Jha SN “Fundamental of Management” Novelty and Company Patna.
5. Jha B. “Industrial Organization and Management ” Novelty and Company Patna -2019
6. Koontz, H., & WeiHrsich, H. (2012). Essentials of Management: An International
and Leadership Perspective. Paperback.
7. Singh, B. P., & Singh, A. K. Essentials of Management. New Delhi. Excel Books Pvt. Ltd.
8. Gupta C.B. and Mathur S. Management Principles and Applications. Scholar Tech Press,
Delhi.
9. Kumar, Pardeep. Management: Principles and Applications. JSR Publication House LP,
Delhi.
10. Mahajan, J.P. and Mahajan Anupama. Management Principles and Applications. Vikas
Publications.
11. Rao, V.S.P. Management Principles and Applications. Taxmann Publications.
Learning 1. Understand the evolution of Management and its significance.
Outcomes 2. Comprehend and analyze applicability of managerial functions.
(not more 3. Understand the role of decision-making in business.
than 4. Analyze the role of directing in management.
100 5. Understand the function of controlling and contemporary issues in management.
words)

Head of the Department

 BANARAS HINDU UNIVERSITY
(Detailed Syllabus of different Courses under NEP 2020)

Department of Commerce
Faculty of Commerce
Course Title Basic Accounting
Category of Major / Minor / Minor (Vocational) / SEC / AEC / VAC / MD/Internship/Dissertation
Course1 (Tick any one of the above)
Credits2 &
Hour of Theory Practical Cumulative
Teaching Credits 3 - 3
Hour of Teaching 45 - 45
(Total)
Course 1. To appreciate and perceive the need and development of accounting and
Objectives explain the key terms.
(not more than 2. To understand different accounting errors and its rectifications.
100 words) 3. To make them capable of maintaining a systematic record of financial reports
to access the financial status of the Business organization.
Course The course content be divided into minimum 3 Units to maximum 5 units along with
Content defined hour of teaching for each unit.

Units Course Content Hrs. of Teaching

I Introduction:
Meaning of Book Keeping, Process of Book Keeping and Accounting, 10
objectives of Accounting, Difference between Book Keeping, Accounting
and Accountancy. GAAP; Accounting concepts and Conventions,
Importance and Limitation of Accounting, Users of Accounting.
II Journal and Ledger: 10
Accounting Equation; Dual aspect of Accounting, Traditional & Modern
rules of Accounting. Preparation of Journal, Ledger, Cash Book and other
Subsidiary Books.
III Trial Balance: 10
Trial Balance; Introduction, Features of Trial Balance, Preparation of Trial
Balance, Different types of Errors disclosed and not disclosed by Trial
Balance, Rectification of Errors Classification, Location of Errors, Suspense
Account, and Effect on Profit.
IV Final Account: 15
Final Account: Meaning, Need, and Objective & Preparation of Trading
Account ; Meaning, Need and preparation of Profit and Loss Account;
Meaning, Need and preparation, Balance Sheet ;Preparation of Final
Account simple and with Adjustment.

1
SEC – Skill Enhancement Course; AEC – Ability Enhancement Course; VAC – Value Added
Course; MD – Multidisciplinary Course
2
1 Credit (Theory) = 15 Hours; 1 Credit (Practical) = 30 Hours
Texts / 1. Dr. Akhil Mishra & Dr. Ashok k. Pandey, Financial Accountancy I, Vaibhav Laxmi
References Publication .
2. Financial Accounting , S.M. Shukla, Sahitya Bhawan Publications
3. Financial Accounting, S.N. Maheshwari, S. Chand and Company
4. Financial Accounting and Reporting , S.P. Jain and K.L. Narang ,Kalyani Publishers
5. Financial Accounting , Hanif and A. Mukherjee
Learning After completion of the course, learners will be able to:
Outcomes 1. Apply the generally accepted accounting principles and book-keeping while
(not more than recording transactions.
100 words) 2. Able to prepare Trial Balance and identify errors and their rectification.
3. Prepare the Financial Accounts of the organization.

Head of the Department

 BANARAS HINDU UNIVERSITY
(Detailed Syllabus of different Courses under NEP 2020)

Department of Commerce
Faculty of Commerce

Course Title BUSINESS ORGANISATION

Category of Major / Minor / Minor (Vocational) / SEC / AEC / VAC / MD/Internship/Dissertation
Course1 (Tick any one of the above)
Credits2 & Hour Theory Practical Cumulative
of Teaching Credits 4 - 4
Hour of Teaching 60 - 60
(Total)
Course 3. To provide basic knowledge to the students about the concept and
Objectives scope of business.
(not more than 4. To elucidate factors affecting plant location and theories of location.
100 words) 5. To understand causes and effect of combination.

Course Content The course content be divided into minimum 3 Units to maximum 5 units along with
defined hour of teaching for each unit.
Units Course Content Hrs. of Teaching
I Introduction: 15
Concept, Features and Objectives of Business. Scope of Business-
Meaning and Types of Industry; Meaning, Elements and Functions of
Commerce. Functional Areas of Business. Concept of Business
Organisation.
II Promotion of Business: 10
Considerations in Establishing New Business. Qualities of a Successful
Businessman. Forms of Business Organisation and their relative Merits
and Demerits. Impact of Globalisation on Business Organisation.
Problems of Business Organisation in India.
III Plant Location, Layout and Size:
Factors Affecting Plant Location. Weber’s and Sargent Florence’s Theories 15
of Location. Plant Layout – Concept, Objectives, Types and Principles of
Layout. Factors Affecting Layout. Size of Business Unit – Criteria for
Measuring the Size and Factors Affecting the Size. Optimum Size –
Concept and VariousOptima. Economies and Diseconomies of Large Size.
IV Business Combination and Rationalisation:
Concept, Causes and Effects of Business Combination, Types and Forms
of Business Combination, Rationalisation – Meaning, Objectives and 20
Principles, Advantages and Criticism of Rationalisation, Rationalisation
vs. Scientific Management

1
SEC – Skill Enhancement Course; AEC – Ability Enhancement Course; VAC – Value Added
Course; MD – Multidisciplinary Course
2
1 Credit (Theory) = 15 Hours; 1 Credit (Practical) = 30 Hours
 Texts/ 1. Basu, C. (2017). Business Organisation and Management. McGraw Hill Education.
References 2. Kaul, V. K. (2012). Business Organisation Management. Pearson Education.
3. Rahul Kumar Das “Business Organization and Management” Notion Press- 2022
4. Abha Mathur “Business Organization and Management” Taxman- 2024
5. Jha B. “Industrial Organization and Management ” Novelty and company Patna -2019
6. Gupta C.B. and Mathur S. Management Principles and Applications. Scholar Tech Press,
Delhi.
7. Kumar, Pardeep. Management: Principles and Applications. JSR Publication House LP,
Delhi.
8. Mahajan, J.P. and Mahajan Anupama. Management Principles and Applications. Vikas
Publications.
9. Rao, V.S.P. Management Principles and Applications. Taxmann Publications.
10. Jha B. and Jha SN “Fundamental of Management” Novelty and Company Patna

Learning 1. Understand the concept and features of Business Organization.

Outcomes 2. Recognize the factors affecting Plant Location and size of business unit.
(not more 3. To develop and insight into Combination and Rationalization.
than
100
words)

Head of the Department

 BANARAS HINDU UNIVERSITY
(Detailed Syllabus of different Courses under NEP 2020)

Department of Commerce
Faculty of Commerce
Course Title MONETARY THEORY
Category of Major / Minor / Minor (Vocational) / SEC / AEC / VAC / MD/Internship/Dissertation
Course1 (Tick any one of the above)
Credits2 & Hour Theory Practical Cumulative
of Teaching Credits 3 - 3
Hour of Teaching 45 - 45
(Total)
Course 1. Focus on money as well as its various functions.
Objectives 2. Study of monetary standards with special reference to India.
(not more than 3. Aims to understand the various banks and its functions.
100 words)
Course Content The course content be divided into minimum 3 Units to maximum 5 units along with
defined hour of teaching for each unit.
Units Course Content Hrs. of Teaching
I Introduction:
Money-Definitions, Functions and Characteristics, Importance of 15
Money in Capitalist and Socialist Economies, Classification of Money
and Gresham’s Law. Monetary Standard: Concept, Nature and
Characteristics, Types of Monetary Standards.

II Paper Currency Standard: 10

Meaning, Nature, Merits and Demerits, Issue of Paper Money;
Principles of Note-Issue, Methods of Issue of Paper Money, Bank
Money- Creation of Credit Money and Limitations.
III Value of Money : Concept, Value of Money and Price Level and 10
Measurement of Changes in Value of Money, Monetary Theories –
Fisher’s Quantity Theory, Cash Balance Theory (Cambridge Equation),
Saving and Investment Theory and Friedman’s Theory.

IV Inflation, Deflation, Disinflation and Reflation-Concept, Types, Effect 10

and Remedies.

1
SEC – Skill Enhancement Course; AEC – Ability Enhancement Course; VAC – Value Added
Course; MD – Multidisciplinary Course
2
1 Credit (Theory) = 15 Hours; 1 Credit (Practical) = 30 Hours
Texts / 1. Hajela, T.N., (2009) Money and Banking, Ane Books Pvt Ltd., New Delhi.
References 2. Sundharam KPM, Banking: Theory, Law and Practice, Sultan Chand and Sons,
New Delhi (recent edition)
3. M.R. Baye, D.W. Jansen (1996), Money, Banking and Financial Markets, AITBS
(Indian ed.)
4. K.C. Sekhar: Banking – Theory and Practice, Vikas Publishing House, New Delhi
(recent edition).
5. S.B. Gupta, Monetary Economics, S. Chand Publications, New Delhi.
6. M.L. Seth, Monetary Economics, Vikas Publications, New Delhi
7. R.R. Paul, Money, Banking & International Trade, Kalyani Publications, Ludhiana.
Learning 1. Analyze the impact of money on some of the economy’s key variables such as
Outcomes Interest rates, Inflation, and the Banking Industry.
(not more than 2. Learn the role of Central and Commercial Banks in the process of
100 words) money creation and control.
3. Able to identify the role and importance of Reserve Bank of India.

Head of the Department