Annexure to Notification No.

F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

Syllabi and courses of study

For

MFC Semester II
Effective from academic session-2013
Subject
Code

Name of the Subject

Theory

Max

Cont.
Assessment

Min Max

Min

Viva-voce

Project
Report/
Practical

Max

Min

Max Min

MFC-201 Strategic Management

70

35

30

15

___

___

___

___

MFC-202 Monetary Economics

70

35

30

15

___

___

___

___

MFC-203 Corporate Accounting

& Reporting
MFC-204 Operations Research
MFC-205 Corporate Finance
MFC-206 Management of
Commercial Banks
MFC-207 Security Analysis &
Portfolio Management
MFC-208 IT for Managers

70

35

30

15

___

___

___

___

70
70
70

35
35
35

30
30
30

15
15
15

___
___
___

___
___
___

___
___
___

___
___
___

70

35

30

15

___

___

___

___

30

15

___

30

15

40

20

___

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

STRATEGIC MANAGEMENT
Course Code :MFC-201
Semester : 2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objective: The objective of this course is to improve the studentss ability to
understand the core concepts and issues relating to strategic Management and also to know
about crafting, implementing and executing business strategies in todays fast changing
business environment.
Unit I
Introduction: Need for Strategic Management, Strategy Analysis, Managerial Process of
Crafting and Executive, Strategy v/s Business Policy & Tactics, Strategy v/s Planning
Strategic Direction. Organizational Vision, Mission, Goals and Objectives; Strategic Decision
Making, Mintzbergs Modes of Strategic Decision-Making, Its Process.
Unit II
Environmental Analysis & Strategic Options: Environmental Scanning, Elements of Internal
& External Environment; Industry Analysis: Michael Porters Five Forces of Competitive
Model, Strategic Internal Factors Analysis, Approaches to SIFs, Corporate Value Chain
Analysis; Corporate Strategies: Growth Strategies, Stability Strategies, Retrenchment
Strategies & Combination Strategies.
Unit III
Strategic Choice & Implementation: Implementation Issues, Strategic Alternative & Strategic
Choice, Factors affecting Strategic Choice. Porters Generic Competitive Strategies; Business
Portfolio Analysis: BCG Growth-Share Matrix; GE Business Screen. Designing
Organizational Structure & Systems; Corporate Leadership, Role of a Strategic Leader,
Strategic Significance of Culture; Strategy-Culture Compatibility.
Unit IV
Strategy Evaluation & Control: Significance & Need of Evaluation & Control, Strategic
Control v/s Operational Control, Types of Control, Balanced Score Card: Significance, Need
& Purpose of Balanced Score Card. ABC Analysis Tool: Significance, Need & Purpose of
ABC Analysis.

Suggested Readings:
1. Alex Miller Strategic Management IRWIN/Tata McGraw Hill, Publishing Company Ltd., New Delhi.
2.
3.
4.

5.

Charles W.L. Hill & Gareth R. Jones; Strategic Management Theory: An Integrated Approach, Houghton
Miflin Company, Princeton New Jersey, All India Publisher and Distributors, Chennai.
Thomas L. Wheelen, J. David Hunger; Strategic Management Addison Wesley, Longman Singapore Pvt.
Ltd., 6th Edition.
Azhar Kazmi; Business Policy & Strategic Management, Tata McGraw Hill, Publishing Company Ltd.,
New Delhi, Second Edition.
Dess, Lumpkin & Eisner, Strategic Management- Text & Cases, Tata McGraw Hill, Publishing
Company Ltd., New Delhi.

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

MONETARY ECONOMICS
Course Code :MFC-202
Semester : 2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objective: The objective of this course is to help the students in understanding the macroeconomic variables which will enable them in decision making.

Unit - I
Money-Evolution, functions and importance. Monetary Standards - Gold and Paper
Standards. Value of Money- Measurement and its Standards, Index Numbers - Classification,
Construction and difficulties in construction and its Significance.
Unit - II
Supply of Money: Concept, Constituents and determinants. Velocity of Money- Determinants
and factors influencing Velocity, Theories of Velocity of Money. Money multiplier, Quantity
theory of Money- Fishers approach and Cambridge Cash balance approach. Demand for
Money- Constituents and determinants.
Unit - III
Saving Function- Meaning and determinants. The Paradox of Thrift. Consumption FunctionMeaning, technical attributes, determinants, significance. Measures to raise propensity to
consume. Investment Function- Concept of capital and investment. Classification and
determinants. Investment multiplier. MEI and MEC. Measures to stimulate investment.
Unit - IV
National Income - Concept and Methods of estimation and deflation. Monetary Policy- Tools
of monetary policy, Targets and effectiveness, Fiscal Policy- Instruments and application.
Integration of fiscal and monetary policy. Operations of RBI, ECB and Federal Reserve of
America.

Suggested Readings:
1.
2.
3.
4.
5.

R.R.Paul: Monetary Economics, Himalaya Publishing House.

D.M.Mithani: Money and Banking, International Trade and Public Finance, Himalaya Publishing House.
Gibson, William: monetary Economics, Tata McGraw Hill.
Vaish. M.C. : Monetary Economics, Vikas Publishing House.
Seth, M.L.: Monetary Economics, Stya Prakash Publications.

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

CORPORATE ACCOUNTING & REPORTING

Course Code :MFC-203
Semester : 2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objective: The objective of this course is to enable students to understand accounting
concepts, tools, & techniques for Managerial Decisions.
Unit - I
Company Accounts I: Recording of issue of shares in the books of accounts, Issue of shares at par,
discount and premium; call-in arrears and calls-in-advance. Forfeiture of shares, reissue of forfeited
shares.
Recording of issue of debentures in the books of accounts; from consideration point of view, form
price point of view, Redemption of debentures with accounting treatment.

Unit - II
Company Accounts - II: Special Features of Companys Financial Statements; Preparation of
Financial Statements of Companies as per the Provisions of Companies Act, 1956. Financial
Reporting: objects and techniques, recent development in financial reporting, types of financial
reports.

Unit - III
Accounts of Banking Companies: Preparation of Profit & Loss Account and Balance Sheet as
per format prescribed in Banking Regulation Act, 1949. Principle Accounting Policies; Notes
and Instructions for compilation of Final Accounts. Guidelines of Reserve Bank of India for
Profit and Loss Account and Balance Sheet.
Unit - IV
Accounts of Insurance Companies: Preparation of Profit & Loss Account and Balance Sheet
as per format prescribed in Insurance Act, 1938 and the Insurance Regulatory and
Development Authority Act, 1999.Determination of Profit in Life Insurance Business.
Procedure for Ascertaining Profit or Loss; Entries for dealing with Profits; Important Points
in Final Account of General Insurance Companies.
Note: This paper shall have 60% numerical and 40% theoretic questions.
Suggested Readings:
1.
2.
3.
4.
5.
6.
7.

Beans, F.A: Advanced Accounting, Prentice Hall, New Jersey.

Hirts & Acanally : Cases in Financial Reporting, Advanced Accounting, Irwin, Chicago.
Gupta, R.L. : Advanced Financial Accounting,, Pearson Education Asia, New Delhi.
Maheshwari, S.N. : Advanced Accountancy Vol. II, Vikas Publishing House, New Delhi.
Monga, J.R: Corporate Accounting, Mayoor Paper Backs, Noida.
Sehgal Ashok, Sehgal Deepak : Advanced Accounting, Taxman Allied Services (P) Ltd., New Delhi.
Shukla M.C., Grewal T.S.: Advanced Accounts, S. Chand & Company Ltd., New Delhi.

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

OPERATIONS RESEARCH
Course Code :MFC-204
Semester : 2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objective: The objective of this course is to develop in students the skill to apply operations
research techniques in business decision making.

Unit I
Introduction: Concept and significance of OR; Evolution of OR; Steps in designing OR
studies; OR models; Theory of games; Decision theory: Decision rules under uncertainty and
risk; Baysian decision rule; decision trees; utility theory
Unit II
Linear Programming: Graphical method, Simples method; Duality; Sensitivity analysis;
Transportation problems, assignment models.
Unit III
Network analysis and Simulation: Introduction; application to CPM and PERT; Applications
of simulation techniques Monte Carlo Approach; Statistical quality control: Control charts
for variables and attributes; Acceptance sampling.
Unit IV
Waiting line models and statistical quality control Control charts for variables and
attributes, acceptance sampling.
Suggested Readings:
1.
2.
3.
4.

N. D. Vohra : Quantitative Techniques in Management, Tata McGraw Hill, New Delhi.

Frank S. Budnick : Principles of Operations Research for Management, Richard Irwin, Inc.
Andrew Vazsonyi & Herbert F. Spirer : Quantitative Analysis for Business, Prentice Hall Pvt. Ltd.,
New Delhi.
Billy E Gillet : Introduction to Operations Research, McGraw Hill, New Delhi.

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

CORPORATE FINANCE
Course Code :MFC-205
Semester : 2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objective: This course introduces the students to the fundamentals of managerial finance
with the purpose to develop the understanding about the mathematics of finance necessary for taking
various financial decisions.
Unit I
Finance function, Goal of financial management, shareowners wealth maximization v/s
maximization of social welfare, Agency relationship conflict.
Time value of money: Simple interest and compound interest; Computation of present value
and future value; Special applications of time value of money.
Unit II
Financial Statement analysis. Nature and types of financial statements. Need for financial
analysis. Techniques of financial statement analysis- Ratio analysis and statement of changes
in financial position, DuPont chart and equation, uses and limitations of ratio analysis.
Unit III
Risk and Return; Types of risk, diversification of risk, Measurement of risk and return of a
single asset; Measurement of risk and return of a portfolio; Capital asset pricing model;
Arbitrage pricing theory. Performance Evaluation of mutual funds Sharpes Performance
measure Treyners Performance Measure Jensens Model.
Unit IV
Different types of values, features of bonds, Preferred stock and equity, Valuation of bonds,
Valuation of prepared stocks, valuation of common stock; Calculation of yields.
Cost of Capital: Meaning, Various cost concepts, Basic assumptions. Measurement of cost of
debt, Preferred stock, Equity and retained earnings. Weighted average cost of capital.
Note: This paper shall have 70% numerical & 30% theoretical questions.
Suggested Readings:
1.
2.
3.
4.
5.

Brealey Richards A. & Steward C. Myers; Corporate Finance, McGraw Hill, New York.
Block, Stanley B., Geoffrey Ahilt: Foundations of Financial Management, Richards D. Irwin Homewood,
Illinois.
Chandra Prasana : Financial Management, Tata McGraw Hill, New Delhi.
Hampton Jhon: Financial Decision Making, Prentice Hall.
Panday I. M: Financial Management, Vikas publishing House Delhi.

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

MANAGEMENT OF COMMERCIAL BANKS

Course Code :MFC-206
Semester :2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objectives: The course is intended to acquaint students with the concepts and issues and
regulations related to management of funds in commercial banks.
Unit I
Introduction to Commercial banking, Indian banking system, nature and composition of bank balance
sheet and income statement, contingent liabilities, types of deposit liabilities and loan assets, Concept
of Depositors insurance, problem of moral hazard, Need for Bank Regulation, Central Bank and its
monetary policy tools, banks as financial intermediaries, bank credit, types, features, credit process,
modes of credit delivery, legal aspects of lending.
Unit II
Bank investments, objectives, components, role of treasury, treasury investment products, valuation of
investments, Management of reserves: primary and secondary reserves, nature, composition and
purpose of reserves, factors influencing reserves; estimation and secondary reserves. Regulatory
Reserves: significance, management of CRR & SLR investments. Liquidity management, theories of
liquidity management.
Unit III
Management of capital funds in commercial banks: meaning, functions and necessity of adequate
capital funds, risk based capital standards, Basel Regulations, constituents of capital funds, calculation
of capital ratio, Asset Securitization: introduction, objectives, process of asset securitization, cash
flow in asset securitization, underlying assets: mortgage backed securitization, (commercial); auto
loan receivable securitization; future flow receivable securitization.
Unit IV
Management of Income, asset quality and Operational Efficiency: various sources of income and
expenditure, determination of income, concept of non-performing assets (NPAs), causes of NPAs,
prudential norms regarding non-performing assets, classification of loans, provisioning requirements,
recognition of income and non-performing loans, measurement of operational efficiency, parameters.
Note: - This paper shall have 40% numerical and 60% theoretical questions.
Suggested Readings:
1.
2.
3.
4.
5.
6.
7.
8.

Benton E. Gup & James W. Kolari: Commercial Banking, The management of risk, Wiley India Pvt Ltd,
Jinkay, Joseph F. Jr.: Commercial Banks Financial Management, Prentice Hall, New Delhi,
Mishkin Frederics S.: The Economics of Banking & Financial Markets, Harper Collins, New York,
Padmalatha Suresh & Justin Paul, Management of Banking and Financial Services, 2nd Ed, 2010, Pearson
India.
Peter S. Rose & Milton H Marquis: Money & Capital Markets, McGraw-Hill International,
Shelagh Heffernan, Modern Banking in Theory and Practice, 1996, John Wiley & Sons
Srivastava, R. M. and Divya Nigam: Management of Indian Financial Institutions, 8th edition, 2008,
Himalaya Publishing House, New Delhi
Websites: www.rbi.gov.in; www.bis.org, ,

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

SECURITY ANALYSIS & PORTFOLIO MANAGEMENT

Course Code :MFC-207
Semester : 2nd

Max. Marks :100

Term End Exam : 70
Cont. Assessment : 30

Course Objective: The objective of this course is to help students to understand various issues in
Security Analysis & Portfolio Management.
Unit I
Investment: meaning and concept, Nature and scope of investment analysis. Types of
Investment Financial & Non-financial. Concepts of Risk and return analysis. Measurement
and evaluation system: Computation of stock market indices.
Unit II
Efficient Market Hypothesis (EMH), Testing of capital Market Efficiency.
Fundamental Analysis: Objectives and stages of fundamental analysis. Economy Analysiskey variables. Industry Analysis: Life Cycle of industry; Strucutre and characteristics of an
industry, Profit potential of industries.
Unit III
Company Analysis: Selection of company; Analysis of quantitative and qualitative factors,
Financial analysis of a company. Estimation of insrinsic valaue: Dividend capitalization
approach and price earnings multiple approach.
Technical Analysis: Introduction, Tools of teaching analysis, technical indicators of overall
market. Charting technicques. Theories of rtechnicsl analysis: Dow theory; Elliot Wave
Theory; Fibonacci puzzle Theory; Kondrative Business Cycle theory.
Unit IV
Portfolio Management: Inrtoduction, Portfolio Risk and return. Portfolio theories-Markpvitz
theory, Efficient frontier, Sharpes single index and CAPM model. Revision of portfolio,
Management practices of investment companies in India.
Suggested Readings:
1.
2.
3.
4.
5.

Chandra, Prasanna: Investment Analysis and Portfolio Management, Tata McGraw Hill Publsihsing
House, New Delhi.
Alexandr, Sharpe and Bailey: Fundamantals of Investment, Prentice Hall of India, Pvt. Ltd., New Delhi.
Fisher & Jordon: Security Analysis and Portfolio Management, Prentice Hall of India, Pvt. Ltd., New
Delhi.
Samir, Verma & Raghunathan: Portfolio Management, Tata McGraw Hill Publsihsing House, New Delhi.
Avadhani, V. A.: Investment management, Himalaya Publishing House, New Delhi.

Annexure to Notification No.F(Pres-Syllabi MFC)Acad/KU/13 dated 30-07-2013

IT FOR MANAGERS
Course Code :MFC-208
Semester : 2nd

Max. Marks: 100

Term End Exam: 40
Practical Exam: 30
Cont.Assessment:30

Course Objectives: The objective of this course is to provide an understanding of computers,

Computer operating system, and application of relevant software in managerial decision making.
Unit -I
Modern Information Technology: Basic idea of Local Area Networks (LAN) & Wide Area
Network (WAN), E-Mail, Concept & Evolution of Internet, Access Devices, Concept of a
World Wide Web & Internet Browsing.
Unit - II
Introduction to E-Commerce: Meaning and Concept; Electronic Commerce Versus
Traditional Commerce; E-Commerce & E-Business; Business Applications of E-Commerce;
Need for E-Commerce, E-Commerce Models, Electronic Payment System: Special Features
required in Payment Systems for E-Commerce; Types E-Cash & Currency Servers. ECheques, Credit Cards, Smart Cards, Electronic Purses and Debit Cards; Security in ECommerce.
Basic Networking Infrastructure, Networking Standards, Electronic Payment Gateways,
Additional Requirements for E-Commerce, Web Technology Products.
Banking Network in Online Commerce, Electronic Cheques, Electronic Cash, Electronic
Credit, Electronic Purse, Smart Cards, SWIFT, ECS, Etc., Designing Electronic Payments,
Settlement Systems, Operational Risks & Legal Issues.
Unit - III
Financial Application of Spread Sheets: Working with MS-EXCEL-Formatting, Financial
Functions, Chart Features, Working with Graphics in EXCEL, SPSS Applications.
Unit - IV
Enterprise Resources Planning (ERP): Features, Selection Criteria, Merits, Issues &
Challenges in Implementation - Supply Chain Management (SCM): Features. Modules in
SCM Customer Relationship Management (CRM): Phases. Knowledge Management and
E-Governance. Nature of IT Decision Strategic Decision Configuration Design &
Evaluation Information Technology Implementation Plan.
Suggested Readings:
1.
2.
3.
4.
5.
6.

Diennes, Sheila s: Microsoft Office, Processional for Windows, BPB Publication, Delhi
Mansfield, ron: The compact guide to Microsoft Office, BPB Publication, Delhi
Award, E.M: System Analysis and Design: Galgotial Publications, N. Delhi.
O Brien James. Management Information System Tata-McGraw Hill, International Edition.
Simkin, M.G. Introduction to Computer Information System for business, S. Chand & Co, N.
Delhi.
Lucas, Henrcy C. Information Technology and Management, McGraw hill, International N.
Delhi