Syllabus for
Master of Commerce (International Finance)
Academic Year  (2023)

India is fast emerging as an International Financial Centre and this is creating an opportunity for a large number of finance professionals. The rapid pace of financial innovation has changed the landscape of the financial sector. The emerging global scenario necessitates organisations to look for Finance professionals with the capacity to analyse the complex problems and make effective business decisions. MCom (International Finance) programme is designed to develop professionals with specialized skills and applied global competencies in the areas of Strategic Financial Management, Wealth Management, and Risk Management catering to the contemporary needs of industry and academia. This programme provides student-centric learning ambience backed with critical thinking and problem solving capabilities necessary to understand and evaluate key financial issues at the domestic and international business arena.

Programme Outcome/Programme Learning Goals/Programme Learning Outcome:

PO2: Interpret and apply national and international compliance frameworks of Law and Taxation for organizational efficiency

PO3: Demonstrate competency in advanced IT tools to perform effectively in the technology driven business atmosphere

PO4: Exhibit expertise of advanced fintech applications to enhance business operations and delivery of financial services

PO5: Assume an advisory role by demonstrating comprehensive qualitative and quantitative proficiency in investment management and wealth creation.

PO6: Apply advanced knowledge of research and statistics to conduct independent research investigations and formulate solutions to complex problems by applying right tools

PO7: Evaluate and resolve real time business problems with specialized knowledge developed through experiential learning

PO8: Demonstrate leadership traits, communication skills and innovative thinking for optimal performance in personal, professional, societal and environmental domains.

PO9: Evaluate personal and professional choices in terms of ethical values and governance and their application to society, business and professions

PO10: Exhibit social sensitivity and sense of equality to embrace diversity and inclusion and promote peaceful co-existence.

Programme Specific Outcome:

PSO2: Evaluate factors that influence business operations and with the conceptual requirements and skills on preparation and interpretation of financial statements

PSO3: Carry out in-depth analysis of Investment, Portfolio Management and Corporate valuation and Restructuring

PSO4: Apply Statistical methods and proficient use of tools for modelling and analysis of business data

PSO5: Demonstrate how research ifluences effective implementation in financial decision making and provide guidance to students to plan and undertake independent research work

PSO6: Demonstrate teamwork, lifelong learning and continuous professional development

PSO7: Create higher level of specialised career opportunities in domestic and global business arena.

Programme Educational Objective:

PE02: To equip the students to evaluate factors that influence business operations and with the conceptual requirements and skills on preparation and interpretation of financial statements

PE03: To train students for an in-depth analysis of Investment, Portfolio Management and Corporate valuation and Restructuring

PE04: To prepare the students to apply Statistical methods and proficient use of tools for modelling and analysis of business data

PE05: To inculcate research culture and its effective implementation in financial decision making and provide guidance to students to plan and undertake independent research work

PE06: To Train the students on teamwork, lifelong learning and continuous professional development

Evaluation Pattern:

Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.  

Students are evaluated for each course on the basis of written examination and continuous internal assessment. Each paper carries maximum of 100 marks and is evaluated as follows:

End Semester Examination (ESE)                                      :             50%

Mid Semester Examination (CIA-2)                                   :              25%

Continuous Internal Assessments (CIA- 1 & 3)                :              20%

Attendance                                                                            :            05%

Total                                                   :          100%                         

·       Written Examinations consists of:

§  Mid Semester Exam – 50 marks (2 hours’ duration)

§  End Semester Exam – 100 marks (3 hours’ duration)

·       A student should have secured minimum 40% marks in the ESE to pass in that paper.

·       In aggregate for each paper, for internal and end semester put together, at least 40 marks out of 100 must be secured to pass in that paper.

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Continuous Internal Assessments:

CIA – 1 and 3: Continuous Internal Assessment

Written (reports) – Group or Individual, understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose.

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

This course captures the fundamental aspects of Financial Accounting, Cost accounting & Management accounting. The purpose is to expose the students to the basic accounting systems needed for business decision-making.

This course provides the coverage of a broader framework of various tools and strategies used for cost management and control.

Provides practical knowledge of international financial system and of generally accepted international financial market instruments and Global Governance of Financial Systems

This course is designed to impart knowledge and understanding of the concepts of economics, which guides a firm/organization under different market conditions. It also aims at developing the understanding of students about macro–economic principles and decision making by business.

Business Management and Organization Behaviour imparts knowledge on various theories, tools & techniques of contemporary business and management practices. 

The objective of this course is to understand business decision making using statistical methodology to make better decisions. The students will learn to make sense of data along with the basics of statistical inference and hands-on implementation using software. Students will develop critical and integrative thinking in order to communicate the results of the analysis clearly in the context of the problem

Students can choose between Teaching Practice or Intern in the area of Accounting and Finance in a business organization.

Experiential Learning (Teaching Practice) is a teaching methodology that engages learners where by students can earn academic credit for an approved on or off campus teaching assistant experience.  Experiential Learning is an important learning component of this study program, allowing students to solve real-world problems through hands-on-learning in an academic setting.  

Experiential Learning (Corporate Internship) is a work integrated learning methodology that engages learners where by students can earn academic credit for an approved off-campus internship experience. Experiential Learning is an important learning component of this study program, allowing students to solve real-world problems through hands-on-learning in a Professional setting.   

The course will cover an in depth examination of financial report disclosures, with an emphasis on how firms use financial reporting for decision making. By the end of the course, students will be able to understand the content of important footnotes given in financial statements, and the tools to conduct financial analyses.

This course focuses on the strategic marketing so that it helps understand the strategies in marketing, planning and implementation. This will enable the students to have a fair view of the marketing and formulation, implementation of strategic marketing. This will help also to understand the trends in marketing and holistic development. 

Provides working knowledge of auditing and of generally accepted auditing procedures, techniques and skills needed to apply them in audit and attestation engagements.

This course attempts to develop a conceptual and analytical understanding of framework of evaluating financial instruments & markets and inculcates investment intelligence in students. The course aims to explain the investment process, functioning of security markets and valuation of equity and bonds.  Students are trained on fundamental analysis, technical analysis, theoretical and practical applications of portfolio management process.

This course equips students with knowledge and skills involved in the basic research process that will simplify and provide more accuracy to their search of business intelligence. The course gives a blend of research methodology as rigorous process and application of the same in the business situations. The main approach of the course is skill building, where students will get hands-on experience in understanding the problems in a given business scenario, deducing the theory and concepts behind the problem, designing a rigorous and scientific research process, develop measuring instruments, using modern techniques for collecting data, using statistical software for analyzing data, report writing and disseminating findings.

Provides an working knowledge of the Fintech industry and how technology impacts the current accounting and finance and the skills needed to implement them.

Students can choose between Teaching Practice or Intern in the area of Accounting and Finance in a business organization.

Experiential Learning (Teaching Practice) is a teaching methodology that engages learners where by students can earn academic credit for an approved on or off campus teaching assistant experience.  Experiential Learning is an important learning component of this study program, allowing students to solve real-world problems through hands-on-learning in an academic setting.  

Experiential Learning (Corporate Internship) is a work integrated learning methodology that engages learners where by students can earn academic credit for an approved off-campus internship experience. Experiential Learning is an important learning component of this study program, allowing students to solve real-world problems through hands-on-learning in a Professional setting.   

This course provides coverage of a broader framework of various tools and strategies used for cost management and control.

This course aims to make the students well acquainted with the different valuation models and applications of derivatives, the basics of which they have already learnt at the undergraduate course. Exposure is given to the wide application of derivatives in risk hedging.

Provides knowledge of concepts and provisions of direct laws and various international tax practices.

This is a foundational course for developing competency to meet the country’s growing requirements for talent in the field of international business management and its related legal aspects.

A combination of structural framework and the application based learning will enable the students to correlate the concepts with that of the real life situations in a firm and global scenario analysis.

Provides a working knowledge of the Fintech industry and how technology impacts the current accounting and finance and the skills needed to implement them.

Students choose a topic of interest in the area of Finance, Accounting or Taxation and build their academic research writing under the supervision of a faculty member. Students present their written research article by participating in various national or international conference and seminar and publish the research paper in a refereed journal. It forms the foundation for a detailed research project or dissertation for next semester.  

This course deals with Corporate Valuation, Mergers and Acquisitions. Students are taught the concepts of corporate valuation, corporate restructuring, shareholder value creation and financial engineering. Approaches to Value Based Management and different forms of corporate restructuring are discussed. Students are also trained to value Mergers and Acquisitions. 

Provides knowledge of concepts and provisions of indirect laws and certain industrial laws.

The course provides students with the opportunity to develop the skills needed to build financial models. The course primarily focuses on models used for valuation, capital budgeting, cost of capital and portfolio models and so on.

This course highlights the characteristics of equity investments and equity market and in detail study of industry and company analysis. The various definitions of value and the application of equity valuation techniques to solve everyday problems in an analyst’s profile are further discussed. The course also focuses on financial modeling including the development of forecast model inputs using available industry and corporate information.

Strategic Management, Ethics and Governance is designed to develop an understanding on the concepts of Strategic Management that focuses on strategic thinking, management and leadership.

Student conducts research on a self-chosen subject in the field of Finance, Accounting & Taxation. They participate in research activity under the supervision of a faculty member and writes a research project report for submission.