Syllabus for m.com 3rd semester 2018

Course Objectives :

1- To enable and equip the students with the basic functions and tools of

financial management.

2- To prepare students for NET/SET and Banking Exams.

Unit I Introduction to Financial Management :

Meaning, Nature/ Characteristics of Financial Management, Functions

of Financial Management, Importance of Financial Management,

Responsibilities of Financial Management.

Unit II Financial Goals :

Goals of Financial Management- Profit Maximisation and Wealth/

Value Maximisation, Conflicts in Profit Maximisation Goal v/s

Wealth/Value Maximisation Goal. Role of a Financial Manager.

Unit III Capitalisation :

Meaning and definitions of capitalization, Over-capitalisation-

Meaning, Causes, evils and remedial measures, Under- Capitalisation-

meaning, causes, evils and remedial measures. Over-Capitalisation v/s

Under- capitalisation.

Unit IV Capital Structure:

Meaning and definitions of capital structure, qualities of optimum/

sound capital structure, Factors affecting capital structure, capital

structure Theories : NI Approach; NOI Approach; Traditional

Approach and M.M. Approach.

Course Contents

Unit I Emerging Accounting Practices and Indian Accounting Standards

Concept, Need and Importance of Human Resource Accounting, and

Social Accounting, Concept, Need & Objectives of Indian Accounting

Standards, As-I, AS-6, AS-10.

Unit II Financial Markets – I [Money Market]

Meaning and definition of Money Market, characteristics of Indian

Money Market, Constituents of Money Market, Role and Importance

of Money Market.

Unit III Financial Markets – I [Capital Market]

Meaning and definition of Capital Market, Sources of Long Term

Capital, Characteristics of Indian Capital Market v/s Money Market

Constituents of Capital Market, Role and Importance of Capital

Market.

Unit IV Working of Stock Exchanges

Role and Functions of Stock Exchanges – NSE, BSE, OTCEI,

NASDAQ, Role and Functions of Securities Exchange Board of India

[ SEBI].

Unit V Special Finance Companies :

Venture Capital Funds, Mutual Funds , Lease Financing, Financial

Derivatives and Factoring

Unit I Theoretical Foundations of International Business :

Concept, Nature and Objectives of international business, Absolute

cost theory, Comparative cost theory, Opportunity cost theory and

Modern theory of factor endowment.

Unit II India’s Foreign Trade :

Composition of Foreign trade, Direction of foreign trade, Regulation

and promotion of foreign trade, Role of EXIM Bank, Recent foreign

Trade Policy.

Unit III Balance of Payments [ Special reference to India ]

Introduction, Components of Balance of Payments, Disequilibrium in

the Balance of Payments, Methods of Correction of Disequilibrium,

India’s Balance of Payments crisis of 1990.

Unit IV International Trade Policies and Relations :

Introduction, Tariffs, subsidies, Import quotas, Voluntary export

restraints, Local Content Requirements, Administrative Policies,

Government Intervention in Formulating Trade Policies, International

trade relations.

Unit V Modes of Entering International Business :

International Business Analysis, Different modes of entry to

International business, Exporting, Licensing, Franchising, Special

modes, Foreign direct investment without Alliances, FDI with

Alliances, Trends in FDI.