Syllabus
Syllabus
marks for the Semester- End Examination. 30 marks allocated for internal assessment
will be assessed as:
10 marks are assigned for project.
20 marks are assigned for class test.
IV: Course Wise Content Details for M.Com Programme:
Master of Commerce
Semester I
Course MCCC101: BUSINESS STATISTICS
Marks: 100 Duration-60Hrs.
Objective: The objective of this paper is to equip students with some of the important statistical
techniques for managerial decision making and to provide ground for learning advanced analytical tools
used in research.
Course outcomes: The successful completion of this course shall enable the students:
CO1: To develop an understanding of the theory of probability, rules of probability and probability
distributions.
CO2: To comprehend the decision making process under uncertainty using statistical tools.
CO3: To become aware of the concepts in sampling, sampling distributions and estimation.
CO4: To understand the meaning and process of hypothesis testing including one-sample and two-sample
tests.
CO5: To appreciate the importance and application of non-parametric tests in hypothesis testing.
CO6: To apply correlation and regression analysis including both simple and multiple correlation and
regression in the real life case situations using available software packages.
Contents
Unit II-Statistical Decision Theory: Decision-making process. Payoff and Regret tables. Decision rules
under risk and uncertainty; Expected value approach and EVPI; Marginal analysis; Decision-tree analysis.
Unit III-Sampling Distributions and Estimation: Sampling concepts; Types of sampling techniques;
Sampling distribution of means and proportions; Central Limit Theorem.
Point and interval estimation; Properties of a good estimator; Confidence intervals for means; Confidence
intervals for proportions; Sample size determination.
Unit IV-Hypothesis Testing: Steps of hypothesis testing. One and two-tailed tests. Type I and type II
Errors; Power of a test; Calculation and use of p-value.
One Sample Tests: Means and proportions.
Two-sample Tests: Tests for difference between means – Independent samples; Small samples; Dependent
samples; Testing of difference between proportions.
Unit V-Analysis of Variance and Non-Parametric Tests: F-test of equality of variances; One-factor
ANOVA; Chi–square test for Independence and for Goodness-of-fit. Sign test, One-sample runs test.
Unit VI-Correlation and Regression Analysis: Simple and partial correlation analysis; Rank
correlation; Simple and multiple linear regression analysis (involving up to three variables).
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Note: Relevant software will be used for pedagogical purpose. Evaluation of practical exercise (if any)
using software will be part of internal assessment.
Aczel, A. D., Sounderpandian, J. Saavanan, P. & Joshi, R. (2012). Complete Business Statistics. McGraw
Hill Education (India) Pvt. Ltd.: New Delhi.
Unit(s) – I, III, IV, V
Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D. and Cochran, J. J. (2014) Statistics for
Business & Economics, CENGAGE Learning Custom Publishing.
Unit(s) - I, II, III, IV and V
Black, K. (2012). Applied Business Statistics, 7ed. Wiley
Unit I, II and III
Levin, R. I. & Rubin, D. S. (1997). Statistics for Management, Prentice-Hall of India.
Unit(s) – I, II, III, IV, V, VI
Vohra, N. D. (2012). Business Statistics. McGraw Hill Education (India) Pvt. Ltd.: New Delhi.
Unit(s) – I, II, III, IV, VI
Note: Latest edition of the readings may be used.
Teaching Plan:
At the beginning of each semester faculty teaching the course will provide (i) Teaching Plan, (ii) updated
reading list, and (iii) the list of case studies for uploading on Department website.
Facilitating the achievement of Course Learning Outcomes
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Department of Commerce, University of Delhi
understand the application of non- Class discussion Individual/Group; End Semester Exam
parametric testing
VI Understanding and applying correlation Lecture sessions; Class participation ; Assignment
and regression analysis Class discussion Individual/Group; End Semester Exam
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Department of Commerce, University of Delhi
Master of Commerce
Semester I
Course MCCC102: ADVANCED MANAGEMENT ACCOUNTING
Marks: 100 Duration-60 Hrs.
Objective: The objective of this course is to equip the students with the knowledge of concepts, methods
and techniques of management accounting and enable them to use various techniques of cost
ascertainment, budget preparation and variance analysis, while focusing on its need for managerial
decision making.
Course Outcomes: After completing the course, the student will be able to:
CO1: Identify differences between various forms of accounting––Financial, Managerial and Cost and the
role of a Management Accountant
CO2: Identify cost according to their associated activities and apply costing techniques for computing
cost of products or services
CO3: Prepare income statements using variable costing and absorption costing
CO4: Make various managerial decisions on the basis of learning about concepts and issues involved
therein.
CO5: Prepare different forms of budgetary statements, identify and control cost at a responsibility center
assigned to a manager, analyze and report performance of the assigned responsibility center.
Contents:
Unit I-Management Accounting: Nature and functions; Financial vs. Management Accounting;
Cost vs. Management Accounting; Role of Management Accountant.
Cost concepts and classifications.
Unit II-Activity Based Costing (ABC): Concept and Uses; Flow of Costs in ABC; Traditional Costing
System vs. ABC.
Unit III-Variable and Absorption Costing: Concept, Comparison, Applications of Variable Costing,
Preparation of Income Statements.
Cost-Volume-Profit (CVP) Analysis - Contribution Margin; Break - Even Analysis: Profit volume (P/V)
Analysis; Multiple Product Analysis; Optimal use of Limited Resources.
Unit IV-Relevant Information and Short-Run Managerial Decisions: Managerial decision making:
Decision making process; Differential analysis; Types of managerial decisions - Make/Buy, Add/Drop,
Sell/ Process Further, Operate/Shutdown, Special Order. Product-Mix. Pricing Decisions.
Unit V-Budgeting: Nature and functions; Preparation of different types of budgets;. Fixed versus
Flexible Budgeting.
Standard Costing, - Concept, advantages; Types of standards; Variance analysis: Materials, Labour,
Overheads, Sales variances, Managerial uses of variances.
Unit VI-Responsibility Accounting and Divisional Performance Measurement: Advantages
and disadvantages of divisionalisation; Concept of responsibility accounting, Responsibility centres: Cost
centre, Revenue centre. Profit centre, Investment centre; Responsibility performance reporting; Financial
measures of performance, Non- financial performance measures.
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Department of Commerce, University of Delhi
Transfer Pricing: Concept; Objectives; Requisites; Methods of transfer pricing: Transfer pricing in
multinational companies.
Performance Measurement: Traditional performance measures; Balanced Scorecard – Meaning,
perspectives in Balanced Scorecard; Weighting performance measures; Requisites of Balanced Scorecard.
At the beginning of each semester faculty teaching the course will provide (i) Teaching Plan, (ii) updated
reading list, and (iii) the list of case studies for uploading on Department website.
Facilitating the achievement of Course Learning Outcomes
II. 2 Identify differences and superiority of Activity Lecture through Class participation,
. Base Costing system over Traditional costing practical problems Presentation, test, End
system. (theory/ numerical) Semester Exam
III. 3Compare the income statements using variable Classroom teaching Class participation,
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Department of Commerce, University of Delhi
. costing and absorption costing and interpretation of through practical Presentation, test, End
the statements for managerial decision making problems and cases Semester Exam
process. (theory/numerical)
IV. 4 Evaluate different business situations by using Through case Class participation,
. marginal costing, differential analysis for different analysis Presentation, test, End
types of managerial decisions. Case study / Semester Exam
numerical
V. 5 Prepare various types of budgets at organizational Theory + Class participation,
. and departmental level for cost control, cost Numerical Presentation, test, End
reduction, performance measurement and fixing Semester Exam
responsibility on the division concerned.
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Department of Commerce, University of Delhi
Master of Commerce
Semester I
Course MCCC103: MANAGERIAL ECONOMICS
Objective: The objective of the course is to acquaint students with the basic principles of micro and
macroeconomics for developing the understanding of theory of the firm, markets and the macro
environment, which would help them in managerial decision-making processes.
Course Outcomes: On completion of this course, the student should be able to:
CO1: Describe the nature and scope of managerial economics, demand analysis and growth model of the
firm.
CO2: Learn the techniques of production function and cost analysis.
CO3: Comprehend the market forms and apply the pricing techniques to determine the price of factors of
production.
CO4: Apply the knowledge of national income accounting and cost of living measurement in real world
situations.
CO5: Assimilate the product and financial market equilibrium and decipher monetary and fiscal policies.
CO6: Describe the trade cycles in the open economy and exchange rate determination
Contents:
Part A: Firm and Market
Unit I: Demand and The Firm: Nature and scope of managerial economics; Consumer behaviour:
Cardinal and ordinal approaches to the derivation of the demand function. Revealed preference approach;
Supply function; Firm theory: Objectives of the firm; Theory of the growth of the firm: Marris model.
Unit II: Production and Cost: Production function; Concept of productivity and technology; Production
with one variable input, Returns to scale; Production with two variable inputs; Isoquants, ridge lines;
Isoclines; Producer‘s Equilibrium; Cost function- classification of costs, short run cost functions;
Relationship between return to scale and return to a factor; Long run cost functions.
Unit III: Market and Pricing: Market forms- perfect competition, monopolistic competition, monopoly
power, oligopolistic behavior; Cournot and Stackelberg models; Factor Pricing- demand and supply of
factors of production.
Unit IV: Introduction to Macroeconomics: National Income Accounting; Circular flow of income and
expenditure; Limitations of national income accounting; Government deficit and trade deficit; Measuring
the cost of living; Natural rate of unemployment and Inflation.
Unit V: Product and Financial Market Equilibrium: The Product markets, Financial markets and
labor markets; Openness in product and financial markets; Putting all markets together; Monetary theory
and policy, fiscal theory and policy.
Unit VI: Trade Cycles and Open Economy: Economic fluctuations and business cycle; Open economy
macroeconomics; Determination of exchange rate. Purchasing Power Parity; Fixed and flexible exchange
rate; Debates in macroeconomics.
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Department of Commerce, University of Delhi
Branson, William H. Macro Economics Theory and Policy. First East – West Press.
Unit(s) – IV, V and VI
Dornbusch, R. and S., Fischer. Macro Economics . Publisher Tata McGraw Hill.
Unit(s) – IV, V and VI
Koutsyiannis, A. Modern Microeconomics. Macmillan Press Ltd.
Unit(s) - I, II, and III
Mankiw, N. Gregory. Macro Economics. Macmillan.
Unit(s) – IV, V and VI
Oliver, Blanchard. Macro Economics, Pearson Education, LPE.
Unit(s) – IV, V and VI
Salvatore, D. & Rastogi, Siddhartha K. Managerial Economics-Principals and Worldwide Applications.
Oxford University Press.
Unit(s) - I, II, and III
Varian. Micro-Economic Analysis. Norton.
Unit(s) - I, II, and III
At the beginning of each semester faculty teaching the course will provide (i) Teaching Plan, (ii) updated
reading list, and (iii) the list of case studies for uploading on Department website.
I. Annotate the nature and scope of Lecture sessions and Class participation, Assignment
managerial economics and the firm case study
behavior. discussions Individual/Group, Mid Semester
Exam/ End Semester Exam
II. Explain production and cost analysis Lecture sessions and Class participation, Assignment
and the relationship of production case study
and cost thereof. discussions Individual/Group, Mid Semester
Exam/End Semester Exam
III. Describe the different market Lecture sessions and Case Study Discussion, Assignment
structures and determination of case study
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Department of Commerce, University of Delhi
IV. Measure the national income and Lecture sessions and Class participation, Assignment,
illustrate the nature of employment case study Individual/Group, Mid Semester,
and inflation. discussions Exam/ End Semester Exam
V. Deliberate the equilibrium of product Lecture sessions Case Study Discussion, Assignment,
and financial markets and impact of presentations by Individual/Group, Mid Semester
monetary and fiscal policies in open students Exam/ End Semester Exam
market economy.
VI. Apply the macroeconomic Lecture sessions, Case Study Discussion, Assignment,
understanding to measure economic presentations by Individual/Group, Mid Semester
fluctuation and business cycles. students Exam/ End Semester Exam
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Department of Commerce, University of Delhi
Master of Commerce
Semester I
Course MCCC104: FINANCIAL PLANNING
Marks: 100 Duration-60Hrs.
Objective: The Course in Financial Planning intent to enable critical thinking in students with respect to
analysis and application of innovative solutions to varied financial problems.
Course Outcomes: After studying this course the student will be able to:
CO1: Understand the premise of financial planning and identify the financial goals.
CO2: Critically evaluate the investment instruments suitable for different financial goals in different time
span.
CO3: Apply appropriate financial instruments to manage individuals‘ finances.
CO4: Analyse investment in primary market.
CO5: Understand credit planning, retirement planning as well as estate planning.
Contents:
Unit I-Financial Planning & Investment Environment: Financial planning process and life cycle
approach, Ascertainment of financial goals; Application of investment alternatives in financial plans -
Bonds, Equity Shares, Mutual Funds, Fixed Deposits, PPF, Financial Derivatives, Commodity
derivatives, gold & bullion; Innovative investment products like Exchange Traded funds (ETFs), Real
Estate Investment Trusts (Reits), Infrastructure Investment Trust (Invits); Independent opening and
operation of trading and demat account.
Unit II-Diversity in Financial Planning: Planning for life insurance and health insurance; Primary
clauses in life and healthcare insurance agreement; Application of compounding and indexing; Balancing
Mutual Funds; Funds‘ CAGR, SIP/ SWP/ STP and Index Funds; Identification of common stocks with
uncommon profits; Identification of competitive durable advantage of equity; Equity with moat;
Principles and variables of value investing system (Using cases of Equity from BSE/ NSE).
Unit III-Building Financial Plans: Critical analysis of investments, Insurance and tax saving
instruments; Risk assessment of individual; Building financial plans using spreadsheets; Evaluation of
financial plan.
Unit IV-Investment in Primary Market: Concept of Initial Public Offer (IPO) FPO, Offer for sale,
Private placement; IPO Process; Eligibility & Norms for IPO; Role of Credit Rating Agency; Categories
of IPO- Traditional and Contemporary.
Unit V-Credit & Retirement Planning: Assessment of credit; Reverse mortgage; Optimal Use of
Education loan; Consumer and housing finance; EMI: Calculations & Long term Impact; Credit card
management; Overdraft protection; Credit history, Retirement solutions, Critical analysis of retirement
planning, pension plans including taxes and inflation; Estate planning- Objectives of will, creating a valid
will; Power of attorney.
Note: Relevant software will be used for pedagogical purpose. Evaluation of practical exercise (if any)
using software will be part of internal assessment.
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Department of Commerce, University of Delhi
Teaching Plan:
At the beginning of each semester faculty teaching the course will provide (i) Teaching Plan, (ii) updated
reading list, and (iii) the list of case studies for uploading on Department website.
Facilitating the achievement of Course Learning Outcomes
Unit No. Course Learning Outcomes Teaching and Learning Assessment Tasks
Activity
I. Students will be able to understand the Lecture/Presentation/ Case Class participation, Assignment
financial planning process and inter se studies Individual/Group, Mid Semester
relation of varied investment alternatives Exam/ End Semester Exam
with financial plan.
II. Students will be able to identify and analyse Lecture/ Case studies/ Class participation, Assignment
different instruments with respect to their Analysis of Corporate News Individual/Group, Mid Semester
role in varied financial plans. items/ Stocks analysis Exam/ End Semester Exam
III. Enable to analyse and apprehend the Lecture/ Analysis of Class participation, Assignment
requirements of different financial goals Corporate News items / Individual/Group, Mid Semester
subject to different individual. Presentation/ Case studies. Exam/ End Semester Exam
I. IV. Students will be able to actively engage Lecture/ Analysis of Class participation, Assignment
themselves in the financial markets Corporate News items / Individual/Group, Mid Semester
including IPO‘s. Presentation/ Case studies Exam/ End Semester Exam
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Department of Commerce, University of Delhi
Master of Commerce
Semester I
Course MCCC105: ORGANIZATIONAL BEHAVIOR
Marks: 100 Duration: 60 Hrs.
Objective: To develop theoretical and practical understanding of different components of individual and
group behavior in organizational setting.
Course Outcomes: After completing this course the students will be able to:
CO1: Understand the theoretical development of organizational behavior and its importance in managing
people at the work place.
CO2: Understand the behaviour of the people as individual and members of the group.
CO3: Understand the foundation of group dynamics and the nature of conflict and its management.
CO4: Distinguish between manager, boss and a leader and learn the theories of leadership.
CO5: Understand different types of organizational structures, organizational climate and to know the
importance of organizational culture apart from learning how to deal with change and stress.
Contents:
Unit I- Introduction: Emergence of organizational behavior; Management and OB; Hawthorne studies
and human relations school; Challenges and opportunities for organizational behavior; Positive
organizational behaviour.
Unit II- Individual Behavior: Foundations of individual behavior; Perception; Attribution; Personality;
Attitude; Learning and Values; Motivation – theoretical and practical dimension.
Unit III- Group Behavior: Group dynamics; Cohesiveness and productivity; Group decision making;
Managing organizational conflict; Managing misbehavior at work.
Unit IV- Leadership: Influence, Power and Politics; Leadership – theoretical and practical dimension.
Unit V- Organization System & Processes: Organization Structure – foundation and types; Climate and
Ethos; Communication; Organizational effectiveness & performance, Managing change.
Unit(s) – IV & V
Hassard, J. (2012). Rethinking the Hawthorne Studies: The Western Electric research in its social,
political and historical context. Human Relations 65(11): 1431–1461.
Unit(s) - I
Hegar, Kathryn W. (2011). Modern Human Relations at work, International Edition. Cengage (Chapter 9
for Unit IV - fundamentals of leadership)
Unit(s) - IV
Hersey, Paul, Dewey, E. Johnson, and Kenneth, H. Blanchard (2013). Management of Organisational
Behaviour, PHI, (Chapter 4, 8 for Unit IV-Leadership)
Unit(s) - IV
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Department of Commerce, University of Delhi
Herzberg, F. (1968). One More Time: How Do You Motivate Employees. Harvard Business Review, 46
(1), 53-62
Unit(s) – II
Kotter, J. P. (1995). Leading Change: Why Transformation Efforts Fail. Harvard Business Review 73(2):
59–67.
Unit(s) - V
Luthans, Fred. (2002). The need for and meaning of Positive Organizational Behaviour. Journal of
Organizational Behaviour. 23. 695-706
Unit(s) - I
Luthans, Fred. Organizational Behaviour, McGraw-Hill, Indian Edition. 12th ed. (Chapter 5 for Unit 2 –
Personality, Perception, Attribution, Attitudes) (Chapter 11 for Unit III – Group & Teams)
Unit(s) – II & III
McShane & Mary, Ann Von Glinow (2012). Organizational Behaviour, Indian edition. (Chapter 11 for
Conflict Mgt Unit III)
Unit(s) - III
Pareek, U. & Khanna, S. Understanding Organizational Behaviour. Oxford University Press. (Chapter 24
for Unit V – Org Culture & Climate)
Unit(s) - V
Robbins, Stephen P., TA Judge & Neharika Vohra (2013). Organisational Behaviour, Pearson. (Chapter
1 for Unit 1 - Challenges & Opp), (Chapter 9 for Unit III - foundations of Group Behaviour)
Unit(s) – I & III
Schermerhorn, Osborn Uhl-Bien & Hunt (2011). Organizational Behaviour. Int Student Version.Wiley.
(Chapter 9 for Decision Making Unit III)
Unit(s) - III
Teaching Plan:
At the beginning of each semester faculty teaching the course will provide (i) Teaching Plan, (ii) updated
reading list, and (iii) the list of case studies for uploading on Department website.
Facilitating the achievement of Course Learning Outcomes
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Department of Commerce, University of Delhi
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