MGSU B.Com 2nd Year Syllabus
MGSU B.Com 2nd Year Syllabus, paper pattern for the exam, marks distribution, exam strategy and recommended books for 2nd Year:-
MGSU B.com 2nd Year Subjects
MGSU B.com 2nd Year Subjects are as follows :-
Compulsory Subjects :
- General Hindi
- General English
- Elementary Computer Applications
- Environmental Studies
Qualifying Course (For Non-Commerce Students)
- Business Studies and Banking
- Book Keeping
Core Subjects
- Accountancy & Business Statistics
- Business Management
- Economic Administration and Financial Management
Additional Optional Subjects
10. Garment Production & Export Management
Vocational Subjects :
- Computer Applications
- Tourism & Travel Management
Exam Pattern for MGSU B.com 2nd Year
Exam Pattern for MGSU B.Com 2nd Year is as follows :-
There shall be three (03) sections in the Question paper.
Section A shall consist of ten questions (02 questions from each Unit), of 02 marks each, all compulsory to be answered in around 50 words.
Section B shall consist of seven (07) questions (at least 01 question from each Unit), of 08 marks each, to be answered in around 200 words. Five questions must be answered out of given seven.
Section C shall consist of four (04) questions (maximum 01 question from each Unit), of 20 marks each, to be answered in around 500 words. Two questions must be answered out of given four.
Distribution of Marks
The number of paper and the maximum marks for each paper together with the minimum marks required for a pass are shown against each subject separately.
MGSU B.Com. 2nd Year Syllabus
For Compulsory Subjects : Refer PDF File
ACCOUNTANCY & BUSINESS STATISTICS
PAPER – I: TAXATION-INCOME TAX LAW & ACCOUNTS
Unit- I
Introduction and definitions, Residential Status and incidence of tax, computation of taxable income under the head salary.
Unit – II
Computation of taxable income under the heads : income from house property, income from business or profession.
Unit – III
Computation of income from capital gains, Income from other sources, Aggregation and clubbing of income, set off and carry forward of losses, Exempted incomes.
Unit – IV
Deductions from Gross Total income, Computation of total income and tax liability of individuals, Computation of total income and tax liability of Hindu Undivided family.
Unit – V
Computation of total income and tax liability of partnership firms assessed as such and assessed as Association of Persons. Provisions regarding deduction of
Note : The act and Rules which are relevant for the assessment year beginning form 1st April immediately preceding the date of commencement of the Academic Session.
Suggested Books given in PDF File
Paper –II : COST ACCOUNTING
Unit – I
Introduction : Nature objectives and significance of Cost Accounting. Various cost concepts. Ascertainment and control of cost. Difference between Cost, Financial and Management Accounting. Installation of costing system. Elements of cost. Techniques and methods of cost.
Direct Material : Purchase & issue of materials, Economic order Quantity and determination of various levels of inventory. Methods of pricing the issuing of material. Selective inventory control techniques – A.B.C. Analysis.
Direct Labour : Direct labour cost and its control. Time keeping and time booking. Methods of wage payment. Individual & group bonus plans.
Unit – II
Overhead – Meaning of overhead. Apportionment and absorption of overhead. Treatment and dispositions of Under and over recovery. Control of administration, selling & Distribution Overheads. Unit costing.
Unit – III
Contract Costing. Process Costing (Excluding valuation of works- in progress)
Unit – IV
Standard Costing : Concepts, Significance and limitations. Analysis of variances (Material and labor variances only) Budgeting and Budgetary control : Meaning objectives and limitations. Preparation of Functional budgets. Sales Budget. Production Budget. Material requirement & Cost budget, Preparation of cash budget.
Unit – V
Marginal costing and BEP Analysis (Excluding Managerial Decisions).
Operating Costing.
Suggested Books Given in PDF File
BUSINESS MANAGEMENT
Paper- I : COMPANY LAW
Unit – I
Corporate personality; Kinds of companies, Promotion and incorporation of companies.
Unit – II
Memorandum of association; Articles of association; Prospectus.
Unit – III
Shares, Share capital; Members; Share transfer and transmission, Capital management: borrowing powers, mortgages and charges, debentures.
Unit – IV
Directors : Managing director, Whole time director, prevention of operation and mismanagement.
Unit – V
Company meetings : Kind, quorum, voting, resolutions, minutes; Majority powers and minority rights; Winding up: Kinds and conduct.
Suggested Books Given in PDF File
PAPER – II: PRINCIPLES OF MARKETING
Unit – I
Introduction : Nature and scope of marketing; importance of marketing; Marketing concepts– traditional and modern; selling vs marketing; marketing mix.
Unit – II
Marketing environment; Consumer behaviour and market segmentation: Nature, scope and significance of consumer behaviour; Market segmentation concept and importance; bases for market segmentation.
Unit – III
Product : Concept of product, consumer and industrial goods; product planning and development; packaging-role and functions, brand and trade mark; product life cycle concept.
Unit – IV
Price : Importance of price in the marketing mix; factors affecting price of a product/service; discounts and rebates. Distribution channels and physical distributions; Distribution channel : concept and role; types of distribution channels; factors affecting choice of a distribution channel; Retailer and wholesaler; physical distribution of goods; transportation; warehousing; inventory control; order processing.
Unit – V
Promotion : methods of promotion; optimum promotion mix; advertising media: their relative merits and limitations; characteristics of an effective advertisement; personnel selling; selling as a career; qualities of a successful sales person; functions of salesman.
Suggested Books Given in PDF File
ECONOMIC ADMINISTRATION AND FINANCIAL MANAGEMENT
PAPER- I: FINANCIAL MANAGEMENT
Unit- I
Financial Management: Meaning, Scope, Importance and Limitations.
Functions of Chief Financial Officer (CFO).
Financial Analysis: Financial Statements, Income Statement and Balance Sheet. Techniques of Financial Analysis.
Ratio Analysis: Advantages, Significance and Limitations, Liquidity Ratios, Activity Ratios and Profitability Ratios.
Unit-II
Fund Flow Analysis: A Theoretical Aspect of Sources and uses of Funds. Preparation of Statement of Changes in Working Capital and Statement of Sources and Uses of Funds.
Cash Flow Analysis: Preparation of Cash Flow Statement. Difference
between Fund Flow Statement and Cash Flow Statement.
Unit –III
Financial Planning and Forecasting: Meaning, Characteristics, Types, Importance, Limitations and Factors affecting Financial Planning. Advantages and Tools of Financial Forecasting.
Working Capital Management- Concept, Types, Sources, Determinants and Estimation of Working Capital. Cost-Volume-Profit
Analysis.
Unit- IV
Receivables Management: Meaning, Objectives, Importance and Functions.
Inventory Management: Meaning, Objectives, Importance, Factors affecting Inventory Level and Techniques of Inventory Control.
Cost of Capital: Meaning and Significance of the Concept of the Cost of Capital, Cost of Capital for Various Sources of Finance: Cost of Debt Capital, Cost of Preference Share Capital, Cost of Equity Share Capital,
Cost of Retained Earnings, Weighted Average Cost of capital.
Unit-V
Capital Budgeting: Meaning, Definitions, Process and Factors affecting Capital Budgeting. Capital Budgeting Evaluation Techniques Under Certainty and Uncertainty.
Dividend Policy: Meaning, Forms of Dividend and Dividend Policy, Essentials of Sound Dividend Policy. Factors affecting Dividend Policy, Dividend Models and Their Relevance
Suggested Books Given in PDF File
PAPER- II: BANKING & FINANCIAL SYSTEM
Unit- I
Money : Meaning, Functions,’ Role, Type of Money, Monetary Standard, Methods of note issue, Alternative Measures to Money Supply in India. Value of Money, Quantity Theory of Money, Fisher, Cambridge & Keynes Approach.
Money Market in India: Meaning and Importance of Money Market, Structure, Constituents, Instruments, Characteristics, Defects and Recent Trends in Indian Money Market. Devaluation of Money, Inflation and Deflation.
Unit-II
Financial System and Intermediaries: Meaning, Importance and Main Components of Financial System. Types, Working Process and Functions of Financial Intermediary Institutions in India.
Capital Market in India: Meaning and Significance of Capital Market, Structure, Functions, Main Instruments and Recent Trends in Indian Capital Market.
Unit –III
Credit Creation by Bank: Credit Creation Process, Determination of Money Supply and Total Bank Credit, Monetary Policy and Techniques of Credit Control, Fiscal Policy.
Interest Rates: Various Rates in India (viz. Bond Rate, Bill Rate, Deposit Rates, etc.), Administered Rates and Market Determined Rates, Sources of Difference in Rates of Interest.
Unit- IV
E-Banking: Meaning of core & Internet Banking. Scope, Operations, Importance, Methods, Risk & Precautions in internet Banking, Mobile Banking, Retail Banking.
E-Payment: ATM, Online Shopping, NEFT, RTGS, Electronic Clearing System, Cashless Economy – Meaning, Need, Scope, Importance and challenges in Present Indian Economy.
Electronic Data interchange (EDI): Introduction, Basics, Standards, Advantages, Future, Financial EDI.
Unit-V
Institutional Credit: Problems and Policies of Allocation of Institutional Credit, Problems Between the Government and the Commercial Sector, Inter-Sectoral and Inter-Regional Problems, Problems Between Large and Small Borrowers.
Banking Reforms: Operation of Conflicting Pressure Before and After Bank Nationalization in 1969. Banking and Financial System Reforms, RBI Functions, Credit Policy in Present Setting and its Limitations.
Suggested Books Given in PDF File
Also See : MGSU B.com 1st Year Syllabus, Subjects, Paper Pattern, Marks Distribution