MGSU B.Com 3rd Year Syllabus, paper pattern for the exam, marks distribution, exam strategy and recommended books for 1st Year:-
MGSU B.com 3rd Year Subjects
MGSU B.com 3rd Year Subjects are as follows :-
Compulsory Subjects :
- General Hindi or Elementary Hindi (in lieu of Comp. Hindi for Non Hindi-speaking students)or History of Indian Civilization
- 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
- Garment Production & Export Management
Vocational Subjects :
- Computer Applications
- Tourism & travel Management
Exam Pattern for MGSU B.com 3rd Year
Exam Pattern for MGSU B.Com 3rd 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.
For Details : Download PDF File
MGSU B.Com. 3rd Year Syllabus
For Details : Download PDF File
ACCOUNTANCY & BUSINESS STATISTICS
PAPER – I: CORPORATE ACCOUNTING
Unit- I
Accounting for internal Reconstruction. Accounting for Amalgamation of Companies as per Indian Accounting Standard 14 including inter-company holding.
Unit – II
Valuation of Goodwill. Valuation of Shares.
Unit – III
Final Accounts of companies including computation of Managerial Remuneration. Disposal of Profits including Capitalization of Profit. Underwriting of shares and debentures.
Unit – IV
Acquisition of business including profit prior to incorporation and post incorporation. Liquidation of companies.
Unit – V
Accounting of Holding and Subsidiary Companies in India. Consolidated Balance Sheet and Profit & Loss Account. Double Account System
(Excluding Accounts of Electricity Supply Companies.)
Suggested Books given in PDF File
Paper –II : TAXATION AND AUDITING
Unit – I
CGST/SGST : Important terms and definitions under central goods and service Tax Act, 2017 and state goods and service Tax Act 2017. Basic
of GST, meaning and scope of supply, levy and collection of tax.
Unit – II
CGST/SGST : Time and value of supply of goods and/or service. Input Tax credit, transitional provisions. Registration under CGST/SGST Act,
filing of returns and assessment, payment of tax including payment of tax on reverse charge basis. Refund under the Act.
Unit – III
CGST/SGST : Maintainance of Accounts and Records. Composition Scheme, Job work and its Procedure, Various Exemptions under GSt, Demand and recovery under GST, Miscellaneous provisions under GST.
Unit – IV
IGST : Scope of integrated goods and service tax (IGST), important terms and definitions under IGST Act 2017, levy and collection of IGST,
principles for determining the place of supply of goods and services zero rated supply.
Unit – V
Auditing : Meaning and objectives of auditing, importance and (imitations of Auditing. Internal control, vouching, verification of Assets and
Liabilities,company audit.
Suggested Books given in PDF File
BUSINESS MANAGEMENT
Paper- I : Insurance
Unit – I
Meaning, function types, origin and development of Insurance; Role of Insurance in the Indian Economy. Basic principles of Insurance. Insurance as a risk control device and risks classification; re-insurance and double Insurance.
Unit – II
Basic elements of Life Insurance: Life Insurance contract. Procedure of Life Insurance (from proposal to policy, life policy conditions, renewals, loans, surrendering, nomination and transfer etc.). Life Insurance premium calculation and mortality tables.
Unit – III
Some important plans of assurance – Endowment, whole Life non-medical policies, group insurance and salary saving scheme.
Settlement of claims under assurance.
Unit – IV
Type of general Insurance:
(i) Fire Insurance: Scope, types of policies, Premium fixation, standard fire insurance policy, claims settlement procedure.
(ii) Marine Insurance-Scope, Types of policies implied warranties, Standard Marine Policy, Claim Settlement Procedure.
(iii) Other kinds of Insurance; Burglary, accident Crop & live stock insurance. (only elementary knowledge is required)
Unit – V
Organizational structure of L.I.C., L.I.C. Agents.
Privatisation of Life insurance in India.
Suggested Books given in PDF File
PAPER – II: INDUSTRIAL LAWS
Unit – I
The Factories Act, 1948
Unit – II
The Industrial Disputes Act, 1947
The Payment of Wages Act, 1936
Unit – III
Employees state Insurance Act, 1926
The Payment of Bonus Act
The Employees provident funds.
Unit – IV
The workmen’s compensation Act, 1923
The minimum wages Act
Family pension fund Act.
Unit – V
The Indian Trade Union Act, 1926
Payment of gratuity Act, 1972
Suggested Books given in PDF File
ECONOMIC ADMINISTRATION AND FINANCIAL MANAGEMENT
PAPER- I: BUSINESS BUDGETING
Unit- I
Business Budgets and Budgeting: Meaning, Nature, Objectives, advantages and limitations of budgets and budgeting, Budget terminology, Preparation of budgets, budget co-ordination. Essentials of an effective Budgeting. Analysis of the current budget of the Govt. of India. Analysis of the current budget of the Govt. of Rajasthan.
Unit-II
Types of Budgets: Fixed and Flexible Budget, Master Budget, Sales Budget, Production Budget, Cost of Production Budget, Direct Material Budget, Direct Labour Budget and Overhead Budget.
Unit –III
Cash Budgeting: Meaning, Importance and Forms of Cash Budget, Preparation of Cash Budget, Methods of Cash Budget, Forecasting. Business Forecasting: Meaning, Theories, Importance and limitation of business forecasting. Techniques and tools of business forecasting.
Essentials of Business Forecasting.
Unit- IV
Budgetary Control: Meaning, Characteristics, Objects and benefits of budgetary control. Zero-Base Budgeting: Its theory and practice with special reference to India. Performance Budgeting: Meaning, Nature, Importance of Performance budgeting with special reference to India, Steps in the preparation of Performance Budgets. Reporting to Management and Information system.
Unit-V
Standard Costing : Concepts, Significance and Limitation, Analysis of Variance (Material, Labour , overhead and sales) . Risk Analysis in Capital Budgeting: Risk, Definition and Concepts, Risk Evaluation Approaches- General Techniques and Quantitative Techniques.
Suggested Books given in PDF File
PAPER- II: International Trade
Unit- I
International Trade: Meaning, Need and Importance, International Trade v/s Inter-Regional Trade, Problems of International Trade. Documentary Credit and its procedure, Instruments of International Payments.
Unit-II
World Trade Organisation: GATT, Uruguay Round, World Trade Organization and its Objectives, Functions, Organisational Structure, Advantages and Disadvantages. GATS, TRIPs, TRIMs and Patents, WTO and India.
Unit –III
Balance of Payments: Concept, Importance, Causes of Disequilibrium and Measures for Correction, Balance of Trade and Balance of Payments, UNCTAD, EXIM Bank of India, ECGC of India.
Unit- IV
Regulation of International Trade: Gains from International Trade, Terms of Trade, Free Trade v/s Protection, Foreign Aid to India, Future
Prospective of India’s Foreign Aid.
Unit-V
Foreign Exchange: Meaning, Types, Importance and Determination of Foreign Exchange Rate, Exchange Control: Meaning, Objectives and
Methods, Exchange Control in India, Role of FEMA and RBI in Foreign Exchange System.