Scribd
Upload
7 views5 pages

portion

The document outlines various modules related to insurance, accounting, financial services, and current business trends. It covers fundamental principles of insurance, types of insurance, cost accounting methods, financial market fundamentals, mutual funds, and portfolio management. Additionally, it discusses global economic imbalances and demographic impacts on business dynamics.

Uploaded by

Zubia Shaikh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
7 views5 pages

portion

The document outlines various modules related to insurance, accounting, financial services, and current business trends. It covers fundamental principles of insurance, types of insurance, cost accounting methods, financial market fundamentals, mutual funds, and portfolio management. Additionally, it discusses global economic imbalances and demographic impacts on business dynamics.

Uploaded by

Zubia Shaikh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 5

PRINCIPLES OF INSURANCE

Module 1: Insurance – Introduction, Meaning and Definition of InsuranceKey terms used in


Insurance, Benefits of Insurance, Functions - Reliability, Protection, Pooling of Risks, Capital
Formation, Legal requirements
Module 2: Types of Insurance
Life Insurance, General Insurance – Meaning, Features and Importance, Types of Life Insurance
Policies. Types of General Insurance Policies, Benefits of Life & General Insurance Policies
Module 3: Principles of Insurance
Principle of Utmost Good Faith, Principle of Indemnity, Principle of Proximate Clause, Principle
of Subrogation, Principle of Insurable Interest, Principle of Contribution, Principle of Loss
Minimization
Module 4: IRDA
Organizational Structure, Regulatory Framework, Supervisory Role, Reporting, Risk Monitoring
and Intervention Functions of IRDA.
COST & WORK ACCOUNTING -I I
Module 1: Material Accounting
Store Location and Layout. Classification and Codification of Material. Stores and Material
Records. Bin Card & Store Ledger etc. Issue of Material and Pricing Methods for Issue of
Material: FIFO. LIFO. Simple Average Methods. Weighted Average Methods.
Module 2: Labor cost and Payroll
Meaning and definition of wages. Difference Between Wages and Salary. Records and methods -
time keeping and time booking.
Methods of Wage Payment Time Rate System. Piece rate system. Taylor's differential piece rate
system. Incentive Plan. Halsey Plan. Rowan Plan. Group Bonus scheme. Performance based
incentive plan. Payroll meaning and components
Module 3: Process Costing
Meaning, Advantages and Disadvantages, Waste and losses, Calculation for normal loss,
Illustration on simple process, waste and process , Transfer/ stock/ sale
Module 4: Contract Costing
Meaning, Featuring of contract costing, costing procedure, contract price, multi-year contract,
work certified, work uncertified, Profit on incomplete contract, notional profit, transfer to profit
& loss account, work in progress, contract accounts, Illustration - incomplete contracts, basic ,
estimated contracts, many contract, many years, Contractee’s Account- completed contract,
incomplete contract.
Year 2

MARKETING OF FINANCIAL SERVICES


Module 1.Financial Market Fundamentals:
Equity Markets: Capital Markets, Role in the Economy, Brief History of BSE and NSE. Trade
lifecycle of a financial instrument, Market Participants in the Equity markets with perspectives
on 'Buy' side and 'Sell' side, Key terminologies related to the Equity markets. Bond Markets:
Introduction to bond markets, how bond markets operate? Key terminologies related to the bond
markets. Regulatory aspects of the Bond Markets, Key players in the Bond Markets (such as
FIIs, Hedge Funds etc.) Debt Instruments: Debt instruments and their classification based on
type of issuer, and basis characteristics. Money Market Instruments (such as Certificate of
Deposit, Re-purchase ''Agreements etc.)
Module 2.Mutual Funds:
Basic Concepts: Mutual Funds and their importance, Various entities of a Mutual Fund and their
respective roles - Basic understanding of NAV and calculation of a Fund - NAV, Types of Loads
and Commissions charged on Mutual Funds and their significance. Types: Types of Mutual
Funds in India, classified on the basis of Structure, Investment Objective, and Investment Plan,
Relative risks associated with various Mutual Funds. Basic understanding of ETFs and their key
features. Differences between a Mutual Fund and an ETF.
Module 3.Other Financial Services:
Leasing / Hire Purchase: Definition, meaning, types, process, advantages, limitations, financial
implications. Credit Cards: Meaning, types, growth, advantages and disadvantages, growth in
India. Credit Rating Services: Origin, definition, advantages, credit rating agencies - global and
Indian, symbols, CRISIL, ICRA, equity ratings, CIBIL, scope in India.

Module 4.Financial Planning:


Identification of investment needs for retail investors, studying investment behavior - Houeshold
Vs. Institutional Investors. Alternate Investment Products: Introduction to Alternate Investments
and their various products and services, Portfolio Management Services and
COST AND MANAGEMENT ACCOUNTING -II

Module 1. Budget and Budgetary control

Budget-Introduction,Definition,Types of budgets, Dstinguish between Fixed and flexible budget.


Budgetary control-Definition, Objective, Advantages and limitation
Practical sums on Cash budget and Sales budget

Module 2. Standard Costing

Introduction, Standard cost V/s Historical cost, Limitation of historical cost, Standard cost Vs
Estimated cost, Advantages , Disadvantages of standard costing, Standard Direct material cost-
Standard Quantity of Material (SQ) , Standard price of material ( SP), Standard Direct Labour
Cost- Standard time, Standard Hour(SH) , Standard rate of wages( SR) , Standard Overhead (SO)
Material variance- Material Cost variance, Material usage variance, Material price variance. labour
variance- Labour cost variance, Labour efficiency variance, labour rate variance.

Module 3.Marginal Costing

Introduction, Definition, Characteristics, Advantages and Limitation, Marginal unit,


determination of marginal cost- computation and procedure, Marginal cost equation, contribution,
Profit volum Ration, Break even Analysis, Break even point, Margin of safety, Break even chart,
Illustrations: Practical sums on marginal costing

Module 4. Emerging Concept of Cost Accounting

Drawbacks in traditional costing, Target costing- meaning, definition, features, steps, Life cycle
costing, product life cycle- phases, features, stages, benefits of product life cycle costing,
Benchmarking- meaning, features, benefits, phases, types, principles
Year 3
PORTFOLIO MANAGEMENT

1.Introduction & Concepts:


Investment: Meaning, nature & objectives, Investments Vs. Speculation & Gambling, Investment
Process, Investment Environment, Investment avenues: Marketable & Non marketable financial
assets. Portfolio Management: Meaning, attributes, significance and process of Portfolio
Management, Portfolio manager and his role
2. Risk & Return Analysis:
Risk & Return: Meaning and Elements of Risk & Return, Measurements of Risk & Return,
Relationship between risk and return. Fundamental Analysis: Economy analysis, industry
analysis and company analysis, weaknesses of fundamental analysis. 3.Technical Analysis:
Meaning, Tools of technical analysis, Technical Analysis vs. Fundamental Analysis. Efficient
Market Theory: Meaning. Forms of Market Efficiency, Efficient Market Hypothesis vs.
Fundamental & Technical Analysis
3. Portfolio Analysis & Selection:
Concept of portfolio and portfolio management: Meaning, Types of Portfolio Risks,
Diversification of Risks, Selection of Optimal Portfolio. Markowitz Portfolio Selection Model:
Efficient set of portfolios, Optimal Portfolio selection, Limitations of the Model. Capital Asset
Pricing Model (CAPM): Meaning, Assumptions & Limitations of CAPM. Sharpe-The Single
Index Model: Measuring security risk & return, Measuring Portfolio Risk & Return. Factor
Models and Arbitrage Pricing Theory: Arbitrage Pricing Theory and its principles, Comparison
of Arbitrage Pricing Theory with the Capital Asset Pricing Model.
Year 4
Current trend in business

CURRENT TRENDS IN BUSINESS

MODULE 1: People and Markets Around the World

Relationship between population size and density to the geopolitical balance of power in the
world. You’ll learn key aspects how rapid demographic growth or decline affects global
economic and geopolitical dynamics. Then, you’ll evaluate the economic and political impact of
urbanization and migration within societies, and the consequences of these changes in population
dynamics, both within a society and between countries. By the end of this module, you’ll have a
richer understanding of the impact of demographic trends on financial markets, political systems,
culture, and society.

MODULE 2: Global Economic and Financial Imbalances

In this module, you’ll examine the growing issue of global economic and financial imbalances.
Through relevant examples such as the European Zone crisis, you’ll gain a deeper understanding
of the effects of global economic dynamics on both individual countries and their relationships
with one another. You’ll explore trade bloc controversies, different types of monetary unions
(such as the European Union), and how financial imbalances affect the geopolitical balance and
global economy. By the end of this module, you’ll be able to better assess the consequences of
economic and financial imbalances on nations, markets, and societies, and be prepared to
respond to these phenomena while making decisions for your organization and society.

MODULE 3- Changing landscape of Business

In this module learners will understand the current business trends and dynamics. Demographics
and its impact.

You might also like