CHRIST (Deemed to University), Bangalore

DEPARTMENT OF PROFESSIONAL STUDIES

School of Commerce, Finance and Accountancy

Syllabus for
Master of Commerce (International Finance)
Academic Year  (2021)

 
1 Semester - 2021 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
MIF131 ACCOUNTING FOR DECISION MAKING Core Courses 4 4 100
MIF132 CORPORATE FINANCE AND RISK MANAGEMENT Core Courses 4 4 100
MIF133 INTERNATIONAL FINANCIAL SYSTEM Core Courses 4 4 100
MIF134 BUSINESS ECONOMICS Core Courses 4 4 100
MIF135 BUSINESS MANAGEMENT AND ORGANISATIONAL BEHAVIOUR Core Courses 4 4 100
MIF136 TECHNIQUES OF DATA ANALYSIS Core Courses 4 4 100
MIF151 EXPERIENTIAL LEARNING-I Skill Enhancement Course 2 2 50
2 Semester - 2021 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
MIF231 FINANCIAL REPORTING AND ANALYSIS Core Courses 4 4 100
MIF232 STRATEGIC MARKETING Core Courses 4 4 100
MIF233 BUSINESS LAW AND AUDIT Core Courses 4 4 100
MIF234 INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT Core Courses 4 4 100
MIF235 BUSINESS RESEARCH METHODS Core Courses 4 4 100
MIF236 FINTECH-I Core Courses 4 4 100
MIF251 EXPERIENTIAL LEARNING-II Skill Enhancement Course 0 2 50
3 Semester - 2020 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
MIF331 STRATEGIC COST MANAGEMENT - 4 4 100
MIF332 FINANCIAL DERIVATIVES - 4 4 100
MIF333 DIRECT TAX LAWS AND INTERNATIONAL TAXATION - 4 4 100
MIF334 INTERNATIONAL BUSINESS AND LEGAL ASPECTS - 4 4 100
MIF335 INTERNATIONAL FINANCIAL MANAGEMENT - 4 4 100
MIF336 FINTECH-II - 4 4 100
MIF351 RESEARCH CONFERENCE AND PUBLICATION - 2 2 50
4 Semester - 2020 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
MIF431 STRATEGIC FINANCIAL MANAGEMENT - 4 4 100
MIF432 INDIRECT TAX LAWS AND INDUSTRIAL LAWS - 4 4 100
MIF433 FINANCIAL MODELLING - 4 4 100
MIF434 EQUITY VALUATION - 4 4 100
MIF435 STRATEGIC MANAGEMENT, ETHICS AND GOVERNANCE - 4 4 100
MIF481 RESEARCH PROJECT - 4 4 100
    

    

Introduction to Program:

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:

PO1: Explain the principles of contemporary management practices for decision making

PO2: Discuss the concepts of Strategic Financial Management, Strategic Cost accounting and Investment Analysis, Portfolio Management

PO3: Explain both Indian and international theories and concepts in Reporting, Law and Taxation

PO4: Analyse financial statements to interpret organisational efficiency

PO5: Apply Statistical methods to model and interpret business data

PO6: Construct an optimum portfolio

PO7: Demonstrate high level oral and written communication skills by engaging in various academic and non-academic activities.

PO8: Demonstrate esteemed professionalism and ethics in performing a job.

PO9: Offer rationale to analyse a decisions and substantiate the decision making process through modelling and data analysis

PO10: Adopt a reflective approach to personal development and focus on continual professional development

Programme Specific Outcome:

PSO1: Demonstrate higher level knowledge and understanding of contemporary trends in the field of International Finance, wealth management and Risk Management

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.

Assesment Pattern

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

Percentage

Grade

Grade point

Interpretation

Class

75 & Above

   A+

  4.0

Outstanding

Distinction

70 --- 74

   A

  3.5

Excellent

First class

65 --- 69

   B +

  3.0

Very good

First class

60 --- 64

   B

  2.5

Good

First class

55 --- 59

   C +

  2.0

Average

Second class

50 --- 54

   C

  1.5

Satisfactory

Second class

40 --- 49

   C -

  1.0

Exempted with 50% aggregate

Pass class

39 & Below

   F

    0

Fail

Fail

 

 

 

Examination And Assesments

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

 

MIF131 - ACCOUNTING FOR DECISION MAKING (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: To understand the basic concepts of financial accounting, cost accounting and management accounting

CO2: To Apply the principles and tools of financial accounting in preparation and presentation of financial statements

CO3: To Construct, analyse and interpret financial statements and judge the financial performance and position of businesses.

CO4: To Develop analytical abilities to understand and face the business situations

CO5: To Evaluate various decision-making tools and their application

CO6: To Develop the ability to take various accounting decisions relating to business

Unit-1
Teaching Hours:8
Introduction
 

Meaning of Business decisions and importance of business decisions. Meaning of accounting, basic concepts, terms used in business accounting. Types of accounts, Accounting equations and users of accounting information. Accounting concepts and conventions.Difference between financial, cost accounting and management accounting

Unit-2
Teaching Hours:8
Financial Statements
 

Accounting Process. Financial statements. Preparation and presentation of financial statements

Unit-3
Teaching Hours:12
Analysis and Interpretation of Financial Statements
 

Meaning and importance of Financial Statements Analysis, Objectives of Financial Statements Analysis, Techniques of Financial Statement Analysis, Making financial decisions on the basis of Financial Statements

Unit-4
Teaching Hours:10
Cost Accounting
 

Basic concepts of cost accounting. Objectives of Cost Accounting, Classification and analysis of costs, Relevant and irrelevant costs, differential costs, sunk costs, Preparation of Simple Cost sheet.

Unit-5
Teaching Hours:12
Cost Control
 

Material cost control, Procurement, Pricing of issues, Inventory control techniques, Fixation of various levels, Economic order quantity, material losses, Labour cost control, time keeping and time booking, Overheads, Collection, Classifications, allocation and apportionment of overheads

Unit-6
Teaching Hours:10
Decision Making Tools
 

Marginal costing, Break-even point, Cost Volume Profit analysis, Optimizing product mix, Pricing decisions. Budgeting - Cash and Flexible budgets only, Standard costing – Material and Labour Variances only

Text Books And Reference Books:
  1. Accounting for Management, S N Maheshwari, Suneel K. Maheshwari, Sharad K. Maheshwari
  2. Managerial Accounting, Jawahar Lal, Himalaya Publishing House 
Essential Reading / Recommended Reading
  1. Financial Accounting for Management: Shankarnarayanan/ Ramanath , CENGAGE Learning
  2. Financial Cost and Management Accounting - P Periasamy
  3. Management Accounting - Madhu Vij
  4. Fundamentals of Management Accounting – H. V Jhamb
  5. Cost and Management Accounting – M N Arora
  6. Financial Accounting for Managers – Mr. Sanjay Dhmija, Pearson Publications
  7. Management Accounting – Mr. Anthony Atkinson, Robert Kaplan, Pearson
  8. Management Accounting – Mr. Khan and Mr. Jain, Tata McGraw Hill
  9. Financial Accounting part I – Mr. S. N. Maheshwari
  10. Accounting – Shukla Grewal
Evaluation Pattern

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.

MIF132 - CORPORATE FINANCE AND RISK MANAGEMENT (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Explain the essential principles of Financial Management.

CO2: Forecast a firm?s financial needs and design optimum capital structure for business undertakings

CO3: Understand and analyse the risks attached to capital budgeting decisions

CO4: Estimate the optimum working capital requirements and formulate strategies to manage working capital

CO5: Evaluate alternative investment proposals by applying capital budgeting techniques and select the most profitable proposal

CO6: Apply effective investment, financing and dividend decisions to maximise shareholders wealth

Unit-1
Teaching Hours:6
Introduction to Financial Management
 

Functions of Financial Management, Objectives of Financial Management - Profit Maximization and Wealth Maximization, their social implications, Interface of Financial Management with other functional areas, Decisions of Finance, Organization of the Finance Function, Emerging Role of the Financial Manager in India, Overview of Indian Financial System 

Unit-2
Teaching Hours:7
Cash Flow Measurement
 

Importance – Challenges dependence and independence of cash flows in evaluating projects, Measures of risk and returns. NCF estimation DCF Techniques NPV vs. IRR Conflicts, Fisher‘s rate of intersection, Multiple IRRs, MIRR, Capital Rationing

Unit-3
Teaching Hours:12
Risk Analysis in Capital Budgeting Decisions
 

Inflation in capital budgeting, real vs. nominal discount rates. Risk Analysis in Capital Budgeting- Approaches to risk absorption- Expected Net Present Value (ENPV) - Payback method - Risk-Adjusted Discount rate - Use of Normal Distributions - Sensitivity analysis - Measurement of Project Risk- Risk analysis of Project Portfolios

Unit-4
Teaching Hours:10
Cost of Capital and Capital Structure
 

Cost of equity – Cost of preferred capital- Cost of debt- Cost of retained earnings – WACC- Marginal cost of capital- The CAPM approach, Adjusting WACC for risk. Traditional view Vs MM hypothesis, MM position I &II, Capital structure designing in practice – EBIT- EPS analysis, the pecking order theory.  Theories of the effects of the information asymmetry, Valuation of traded equity under symmetric information. Factors impacting leverage decision –Asymmetric information and leverage, balancing agency costs with information asymmetry

Unit-5
Teaching Hours:10
Dividend Policy
 

Introduction, Dividend decisions and valuation of firms, Determinants of dividend policy, Dividend theories – relevance and irrelevance, Walter, Garden and M M Hypothesis, Bonus issues, stock split, Buy back of shares 

Unit-6
Teaching Hours:15
Working Capital Management and Financing
 

Meaning; Concepts, Types of Working Capital, Operating Cycle, Importance of Working Capital, Dangers of Inadequate and Excessive Working Capital, Management of Working Capital, Factors determining Working capital, Estimation of Working capital Requirements 

a. Cash Management: Motive of Holding cash, Cash budgeting, Cash collections and disbursement, Options and Strategies for investing and Managing Surplus cash, Cash Management Models

b. Inventory Management: Purpose of holding inventory, Risk and cost of holding inventories, Objectives of Inventory Management, Tools and Techniques of Inventory Management

c. Credit Management: Cost of maintenance of Accounts Receivables, Forecasting the receivables, Terms of Payments, Credit policy, Credit evaluation, Credit granting, Collection policy.  

Text Books And Reference Books:
  1.  Ravi. M. Kishore, Cost Management, Taxman, Allied Services (p) Ltd.,
  2. S.K.R. Paul, Management Accounting, New Central Book Agency Private Ltd., Calcutta
  3. Charles T. Horngren, George Foster, Srikant M. Data, Cost Accounting: A Managerial Emphasis, Prentice Hall of India, New Delhi
Essential Reading / Recommended Reading
  1. Cost Analysis for Management Decisions: M.R.S. Murthy, Tata Mc Graw Hill Cost
  2. Management strategy for business decision: Ronald Hilton and Michal Maher, 3rd Editions, Mcgraw Hill
  3. Strategic Financial Management: Prasanna Chandra
Evaluation Pattern

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.

MIF133 - INTERNATIONAL FINANCIAL SYSTEM (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Acquire an understanding of the functioning of international financial markets and the role of financial institutions within the economic system

CO2: Apply critical thinking skills to understand the integration of the Indian economy with other economies of the world

CO3: Exhibit an understanding of Global Governance of Financial Systems

CO4: Understand the International Legal Framework for International Financial Regulations

CO5: Explore the integration and implications of International financial markets and instruments

Unit-1
Teaching Hours:7
Introduction to International Financial System
 

Introduction – Meaning-International Financial system,Difference between International Monetary System(IMS) & International Financial System(IFS)

 

The Evolution of the International Monetary and Financial System- Globally Integrated Order, The Bretton Woods Order, The Globalization of Financial Markets, The Collapse of the Gold Exchange Standard, The Evolving International Monetary Regime

 

Role of Capital Intervention in the Foreign Exchange Market -  Intervention in the Foreign Exchange Market- Balance of Payments – Exchange Rates Regimes in the International Financial System – Capital Controls

 

Unit-2
Teaching Hours:7
Globalization and International Financial System
 

International Financial Crises and Obstacles to Growth, Factors contributing to international financial crises, the effects of crises and controversies over how to respond, Perspectives on economic growth and poverty reduction.

Unit-3
Teaching Hours:6
Global Governance of Financial Systems
 

Global Governance and International Standard Setting: International Financial Institutions, supervisory structures for financial conglomerates, the Financial Action Task Force, and financial crises from the 1990s and onwards

The International Legal Framework for International Financial Regulation: Two major regional trade agreements: The European Community's treaty regime and legislative framework and the North American Free Trade Agreement (NAFTA).

Unit-4
Teaching Hours:10
International Financial Institutions
 

Meaning, Functions, Importance, Architecture, Flaws, and Legitimacy, the Role of International Financial Institutions in the Current Global Economy.

Types: Multilateral development banks, Bretton Woods institutions, Regional development banks, Bilateral development banks and agencies and Other regional financial institutions

Unit-5
Teaching Hours:9
The International Financial Instruments
 

The International Monetary Fund (IMF), the World Bank Group (WBG) and the European Union (EU).

The World Bank -The World Bank and Its Affiliates: International Bank for Reconstruction and Development, International Development Association, International Finance Corporation, The multilateral investment guarantee agency (MIGA), what does the World Bank do? , Where does the World Bank get its money? Who runs the World Bank?

International Monetary fund - Origins of IMF, Members and administration, statutory purposes, financial assistance

European Union (EU). What is the European Union and what is its purpose? How the EU works: the EU's powers

Unit-6
Teaching Hours:9
International Financial Market
 

Meaning, motives for the internationalization financial transaction, sources for international funds, Segments of International Financial Markets; 1. Foreign Exchange Market 2. International Bond Market 3. International Equity Market 4. International Money Market 5. International Credit Market

Unit-7
Teaching Hours:12
International Financial Market Instruments
 

Types 1: International Bonds-Foreign bonds & Euro bonds, global bonds, straight bonds, Floating rate notes, convertible bonds, and cocktail bonds 2. Short term and medium term instruments- Euro notes, Euro Commercial papers and Medium term Euro notes

Text Books And Reference Books:
  1. Kern Alexander, Rahul Dhumale, and John Eatwell (2005) Global Governance of Financial Systems: The International Regulation of Systemic Risk. Oxford Scholarship
  2. Peter Isard, Globalization and the International Financial System: What's Wrong and What Can Be Done, Cambridge University Press.
  3. Lessambo, Felix I (2019) International Financial Institutions and Their Challenges, Palgrave Macmillan US
Essential Reading / Recommended Reading
  1.  Richa Arora (2008). International Financial System and Institutions, Shroff Publishers
  2. Douglas D Evanoff , Andrew G Haldane  , George G Kaufman (2017). The New International Financial System
Evaluation Pattern

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.

MIF134 - BUSINESS ECONOMICS (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Develop an understanding of the various economic principles for critical thinking and decision making

CO2: Describe the demand and supply changes and how it affects the choices of a rational consumer

CO3: Explain the relationships between production, cost and revenue in business operations

CO4: Integrate the concept of price and output under various market structures

CO5: Develop macro-economic perspective to understand the business economics.

Unit-1
Teaching Hours:8
INTRODUCTION TO BUSINESS ECONOMICS
 

Introduction, Significance and applicability of Business Economics in decision making, Role and responsibilities of Business Economics, Economic principles relevant to business decision making: Opportunity cost, Production possibility curve, Concept of incrementalism, Discounting principle & Theory of firm. 

Unit-2
Teaching Hours:10
DEMAND ANALYSIS AND CONSUMER BEHAVIOUR
 

Cardinal utility approach, Demand theory and analysis, Elasticity of Demand and its application, Consumers Equilibrium, Indifference curve approach, Theory of revealed preference, Consumer & Producer surplus, Demand forecasting & its techniques

Unit-3
Teaching Hours:10
SUPPLY ANALYSIS AND THEORY OF PRODUCTION
 

Supply theory, Elasticity of supply, production function, Laws of variable proportions and Return to scale, Economies of scale, Isoquants approach and producer’s equilibrium Elasticity of factor substitutions.

Unit-4
Teaching Hours:10
THEORY OF COST AND REVENUE EQUILIBRIUM
 

Types of costs, cost functions, Interrelationship of cost, Revenues & its types, relation between AR and MR Curves, interactions of cost and revenues, conditions of equilibrium of a firm, Cost reduction and cost control. 

Unit-5
Teaching Hours:10
FIRM AND MARKET STRUCTURE
 

Concept of Market equilibrium and Revenue curves, Characteristics of different market

structures, Price determination and firm’s equilibrium under perfect competition,

monopolistic competition, oligopoly and monopoly, Price discrimination, International

price discrimination and dumping, Pricing methods

Unit-6
Teaching Hours:12
INTRODUCTION TO MACROECONOMIC ANALYSIS
 

National Income: Concept and computation of national income and related aggregates, problems in computation of national income. Circular flow of economic activities, Keynesian analysis: Keynesian theory of employment, consumption function, investment function, multiplier, relevance of Keynesian economics in underdeveloped countries, Business cycle, Money supply and Inflation      

Text Books And Reference Books:
  1. Dwivedi D.N, “Managerial Economics”, Vikas Publication
  2. R.L Maheshwari, “Managerial Economics”, Sultan Chand & Sons
Essential Reading / Recommended Reading
  1. Gupta G.S-Macro Economic Theory-Tata Mcgraw Hill Publications
  2. M.L. Jhingan, “Micro Economics”, Vrinda Publication 
Evaluation Pattern

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.

MIF135 - BUSINESS MANAGEMENT AND ORGANISATIONAL BEHAVIOUR (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Understand the conceptual framework of management and organization behavior

CO2: Exhibit professional behavior appropriate for the workplace

CO3: Analyze and compare different models of motivation and leadership that explains individual behavior

CO4: Explain group dynamics and to identify the process in resolving conflicts

CO5: Explain organizational culture and to discuss the implementation of organizational change

CO6: Examine various organizational designs and its practical applications in the organizational set up

Unit-1
Teaching Hours:10
INTRODUCTION TO MANAGEMENT
 

Introduction to Management, Traditional and Contemporary Perspectives of Management, Fundamentals of Planning and Decision making, Organizing, staffing in Organization, Leading, and Controlling.

Unit-2
Teaching Hours:10
INTRODUCTION TO ORGANISATIONAL BEHAVIOUR
 

Individual Behaviour in Organizations- Psychological Contract, Person Job fit. Personality and Individual Behavior- Personality Formation, Personality Attributes in Organization. Perception and Individual Behaviour- Perceptual Process, perception and attribution. 

Unit-3
Teaching Hours:10
MOTIVATING EMPLOYEE PERFORMANCE AND LEADERSHIP INFLUENCE
 

Importance of motivation, Content theory of Motivation, Process Theory of Motivation, Reinforcement Theory of Motivation, Emerging Theory of Motivation. Managing Motivation at Work. Leadership versus Management, Leadership Traits, Leadership Theories and Styles. 

Unit-4
Teaching Hours:10
MANAGING GROUP AND TEAM PROCESSES
 

Types of Groups and Teams, Characteristics of Teams, Interpersonal and Intergroup Conflict, Conflict Management in Organisation

Unit-5
Teaching Hours:10
ORGANISATION CULTURE AND CHANGE
 

Nature of Organisation Culture and Climate, Organisational Ethos, Functionality and Dysfunctionality of Culture, Power and Politics, Organisational Change- Areas of organization change, Process and Implementation of Change, Resistance to change, Managing Resistance to Change.

Unit-6
Teaching Hours:10
MANAGING ORGANISATION DEVELOPMENT
 

Perspective on Organisational Development, Phases and Interventions of OD, Causes of Frustration, Stress, Burnout, Consequences and Coping stress, frustration & burnout. Managing Interpersonal Communication in Organizations.

Text Books And Reference Books:
  1. Fred Luthans, Organisational Behaviour: An Evidence Based Approach, McGraw Hill
  2. Griffin, Management, Atibs Publishers
Essential Reading / Recommended Reading
  1. Stephen Robbins, Timothy Judge, Neharika Vohra, Organisation Behaviour, Pearson
  2. Margie Parikh, Rajen Gupta, Organisational Behaviour, Mc Graw Hill
Evaluation Pattern

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.

MIF136 - TECHNIQUES OF DATA ANALYSIS (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Explain the concept of probability, random variable and probability distributions

CO2: Apply the concept of sampling distribution

CO3: Define and apply the components in hypothesis testing

CO4: Calculate and interpret hypothesis testing results

CO5: Describe linear relationships and prediction rules for bivariate and multiple regression models

CO6: Demonstrate the importance of forecasting for business operations

Unit-1
Teaching Hours:15
Probability and Distributions
 

Introduction to probability, Definition - Rules of probability, Bayes Rule, marginal, joint and conditional probabilities, Random variables – Probability distribution –Discrete & Continuous, Binomial, Poisson, Normal

Unit-2
Teaching Hours:8
Sampling and Sampling Distributions and estimation
 

Sampling, sampling distribution of mean, proportion, estimating the population mean using z-statistic and t-statistic, population proportion, population variance, sample size.

Unit-3
Teaching Hours:9
Statistical Inference -I
 

Introduction to hypothesis testing, meaning, steps, Type I and Type II Errors, parametric tests: hypothesis testing for single mean, proportion, difference of means and proportion using known and unknown s.d. Analysis of variance and designs of experiments, one way and two way analysis.

Unit-4
Teaching Hours:8
Statistical Inference -II
 

Non parametric tests: Analysis of Categorical data, run test, Mann-whitney U test, Wilcoxon, kruskal wallis, spearmans rank correltion

Unit-5
Teaching Hours:10
Predictive analytics - I
 

Simple Correlation and regression analysis, multiple regression model with two independent variables, significance tests of the regression model and its coefficients. Residuals, standard error of the estimate and R2, Building multiple regression models: non-linear models, indicator (Dummy variables), multicollinearity.

Unit-6
Teaching Hours:10
Predictive analytics - II
 

Forecasting techniques – Qualitative and Judgmental forecasting – Delphi method; Statistical methods - moving average, method of least squares, exponential smoothing

Text Books And Reference Books:

1.     Ken Black, Business Statistics for Contemporary Decision Making, 5th Edition, Wiley India Pvt Ltd

2. Anderson, D.R., Sweeny, D.J., Williams, T.A., Camm, J.D., Cochran, J.J. (2017). Statistics for business & economics, 14thEdition.Boston: Cengage Learning.

3. T N Srivastava, ShailajaRego, Statistics for Management, Tata McGrawhill, Latest edition

Essential Reading / Recommended Reading

1.     N D Vohra, Quantitative methods, 4th Edition, Tata McGraw Hill, 2010

2.     S.C Gupta, Fundamentals of Statistics, 6th edition, Himalaya Publishing House, 2007

3.     Ken Black, Applied Business Statistics, 7th edition, Wiley India Pvt Ltd

4. Douglas A Lind, William g Marchal, Samuel A Wathen(2017),Statistical Techniques in Business & Economics, 16th edition, McGraw-Hill

Evaluation Pattern

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.

MIF151 - EXPERIENTIAL LEARNING-I (2021 Batch)

Total Teaching Hours for Semester:30
No of Lecture Hours/Week:2
Max Marks:50
Credits:2

Course Objectives/Course Description

 

Teaching Practice

Course Description

Teaching Practice 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.  

Corporate Internship 

Course Description

Corporate Internship  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.   

Course Outcome

CO1: Develop problem solving approach and employability competencies to help them transition to academic / corporate career

CO2: Adopt reflective thinking and sense of transcendence in work values and develop personal integrity

CO3: Build environment sensitivity and mutual respect towards academic institutions / business organizations they operate

CO4: Develop peer recognition, personal integrity traits and communication skills

CO5: Respect diversity and develop international mindedness and multiculturalism in business

Unit-1
Teaching Hours:30
Teaching Practice
 

The experiential learning allows students to intern in an academic institution. Students leverage their newly acquired knowledge from core courses to teach undergraduate students.

Unit-1
Teaching Hours:30
Corporate Internship
 

Internship is a work integrated learning organized around and triggered by complex problems that students can expect to encounter in the real world of work. Corpporate Internship allows students to tackle a real business issue for a real organization. Students leverage their newly acquired knowledge from core courses to solve business problems. Ideas and suggestions are often used by the companies.

Text Books And Reference Books:

NO

Essential Reading / Recommended Reading

NO

Evaluation Pattern

Teaching Practice

 

No.

Criteria

Marks

1

Preparation of the teaching material (Content, Coverage and Quality)

25

2

Class Room Performance

-          Content

-          Delivery

-          Pedagogy

-          Confidence

20

3

Question and Answers

05

 

Total

50

 

 

 

Corporate Internship

 

No.

Criteria

Marks

1

Project

25

2

Viva

25

 

Total

50

 

MIF231 - FINANCIAL REPORTING AND ANALYSIS (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Understand and differentiate the accounting treatments under IFRS and US GAAP Standards with regard to inventory cost formulas and other items

CO2: Demonstrate the recognition, measurement and accounting treatment of long-lived assets

CO3: Interpret the accounting of the non-current liabilities and their adjustments for the purpose of financial statement analysis

CO4: Apply the financial reporting tools to take various financial decisions

CO5: Evaluate the different measurement methods for investments in associates, subsidiaries and joint ventures and evaluate the financial performances in each of the scenarios

CO6: Analyse and compare different types of post-employment benefit plans and its implications on financial reports

Unit-1
Teaching Hours:8
Financial Reporting for Inventories
 

Differentiate between cost involved in inventories and costs recognized as expenses – Inventory valuation – Financial statement presentation of and disclosures relating to inventories – Inventory ratio analysis.

Unit-2
Teaching Hours:10
Financial Reporting for Long-lived Assets
 

Differentiate between costs that are capitalized and costs expensed. Financial reporting of intangible assets purchased, internally developed and acquired – Depreciation and amortization methods – Impairment, revaluation and de-recognition of long-lived assets -  Financial statement presentation of and disclosures relating to long-lived assets – Ratio analysis.

Unit-3
Teaching Hours:8
Financial Reporting for Income Taxes
 

Accounting profit and taxable income – deferred tax liabilities and assets – Tax base of company assets and Liabilities – Tax rate changes and its impact on financial statements and ratios – Pre-tax accounting income and taxable income – Key provisions of income tax accounting in IFRS.

Unit-4
Teaching Hours:10
Financial Reporting for Non-Current Liabilities
 

Initial recognition, initial measurement and subsequent measurement of bonds - Financial Statement presentation of and disclosures relating to debt. Financial reporting and analysis of lease from lessee’s and lessor’s perspective

Unit-5
Teaching Hours:14
Intercorporate Investment Analysis
 

Classification, measurement and disclosure under IFRS for a) Investments in financial assets b) Investments in associates c) Joint ventures d) Business combinations and e) Special purpose and variable interest entities

Unit-6
Teaching Hours:10
Post-employment Benefit Analysis
 

Types of post-employment benefit plans and its implications for financial reports – Measurement of Net pension benefit liability/assets – Components of defined benefit pension cost – Accounting for share-based compensation – Accounting for stock grants and stock options and its impact of financial statements.

Text Books And Reference Books:

1.     Flood, J. M. (2019). Interpretation and Application of Generally Accepted Accounting Principles. Wiley.

Interpretation and Application of IFRS Standards. (2019). Wile

Essential Reading / Recommended Reading

1.     Financial Reporting and Analysis- CFA Level 1

Financial Reporting and Analysis- CFA Level 2

Evaluation Pattern

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. 

MIF232 - STRATEGIC MARKETING (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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. 

Course Outcome

CO1: Understand the different concepts in the field of Strategic management

CO2: Demonstrate a clear understanding of the concepts and tools for strategic planning

CO3: Formulate organizational strategy, process and framework in business environment

CO4: Analyse, develop, and establish organizational implementation, evaluation and control

CO5: Develop holistic approach to see business issues comprehensively

CO6: Develop capability of making ethical decisions in dynamic business landscape

Unit-1
Teaching Hours:12
Introduction to Strategic Management
 

Introduction, Business Definition Introduction, Vision, Mission, Goals and Objectives, the understanding of Strategy, Overview of marketing functions, strategic management, Marketing organisations, Consultative marketing, Strategic implementation of decision making.  Levels of Strategy, Challenges to Strategic Marketing – The Indian Scenario, Competitive advantages, Importance of strategic marketing management.

Unit-2
Teaching Hours:10
Strategy Planning
 

Strategic planning, strategy for marketing, Valued customer, Value proposition and network, understanding the strategic relevance of marketing segmentation, analyze information to recommend strategic decision making, develop a strategic marketing plan to realize organizational objectives.

Situation analysis: Understand to analyse an organisation’s current and future of external environment and internal environment.

Unit-3
Teaching Hours:12
Strategy Formulation
 

Strategic Vision, mission, Objectives, Strategies and policies, Strategic Alternatives and Reasons for Adopting, Concentration marketing Strategies, Integration marketing Strategies, Diversification marketing Strategies,

Business-Level Strategies:  Factors Determining Choice of Competitive Marketing Strategy, Differentiation, Focus strategies, Core Competencies.

Unit-4
Teaching Hours:8
Strategy Implementation and Control
 

Solutions selling, creating customers value, manage resources to deliver the strategic marketing plan, managing marketing risks, Designing products for service, product agnosticism, transformation leadership for solution marketing, channel migration strategies, replacement and complementary effects, capabilities and core rigidities, channel migration process. Channels from global retailers, globally integrated retailers, relationship mindset, power game and trust game in distribution relationship

Unit-5
Teaching Hours:10
Strategic Evaluation and Control
 

Introduction, Strategic Evaluation, Efficient consumer response, Customer centric global account management, Strategic Control, blue ocean strategy strategic transformation, Strategic Alliances, SKU rationalisation and transparent pricing.

Unit-6
Teaching Hours:8
Recent trends in Strategic Marketing
 

Key Accounts Management, New Marketing ideas, start-up marketing, business marketing, Feeder markets, Branding, Brand proliferation and extension, management complexity, brand rationalisation process, brand portfolio. Segmentation approach. Search for marketing Synergies, leverage customer focussed strategy map, emerging markets as growth platforms.

Text Books And Reference Books:
  1. Prof. Pulapa Subba Rao, 2018, Strategic Management, Himalaya Publishing House
  2. David A. Aaker, Christine Moorman, 2017, Strategic Market Management, Wiley Publishing, 11th Edition.
Essential Reading / Recommended Reading

1.     Johnson, 2016, Exploring Strategy, Text & Cases, Pearson Publishing.

2.     Henry Mintzberg, Bruce Ahlstrand & Joseph Lampel, Strategy Safari, A Guided Tour Through the Wilds of Strategic Management, The Free Press, A Division of Simon & Schuster Inc., 1230 Avenue of the Americas, New York, NY 10020.

Vipin Gupta, Kamala Gollakoa, R. Srinivasan, 2008, Business Policy and Strategic Management – Concepts and Applications. Prentice-Hall of India Pvt Ltd.

Evaluation Pattern

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. 

MIF233 - BUSINESS LAW AND AUDIT (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Develop an understanding of contract formation and contractual based rights in Business law

CO2: Analyze the relationship between rights founded in business law and their relevant auditing procedures

CO3: Familiarize the students of the types, procedures and reporting aspects of audit

CO4: Develop an understanding of the aspects of group and transnational audits

CO5: Evaluate and critically analyse current issues and developments relating to the provision of audit related and assurance services

Unit-1
Teaching Hours:11
Special Contracts
 

Contract of Indemnity, Contract of Guarantee, Kinds of Guarantee, Creditor, Surety. Bailmentand its Kinds. Termination of Bailment, Finder of Lost Goods, Pledge or Pawn, Pledge by Non-owners, Pledgor and Pledgee. Contract of Agency.  

Unit-2
Teaching Hours:8
Employment Laws
 

Concept of Wages; general Wage Theories; Need and scope of Minimum Wage; fair wage and living wage; Fixation of minimum wage Increments. Terms of employment and conditions of service. 

Unit-3
Teaching Hours:11
Intellectual Property Rights and Consumer Protection
 

Salient features ofGATT, WIPO and TRIPS, Concept and Development of Intellectual Property Law in India. Global Law and Procedure Relating to Patents, Trade Marks and Copyrights. Global overview of consumer protection- FTC's Bureau of Consumer Protection stance on unfair, deceptive and fraudulent business practices. Role of ICPEN. Protection in India, Rights of Consumers, Nature and Scope of Remedies, Appearance before Consumer Dispute Redressal Forums

Unit-4
Teaching Hours:10
Fundamentals of Auditing
 

Definition- Objectives of audit- Scope of audit- Types of audits- Inherent Limitations of Audit -Concept of Internal controls- Internal Control and auditor- Audit risk and elements of audit risk- Audit procedures- Audit Report – Types of reports- Types of Opinion- Elements of Audit report.

Unit-5
Teaching Hours:8
Group and Transnational Audits
 

Group Audit specific considerations- Acceptance as group and component Auditor-Planning and performing the group Audit-Audit risks specific to a group Audit-Auditing the consolidated financial statements- Completion and review- Reporting- meaning of Transnational Audit- differences between normal audit and Transnational Audit.

Unit-6
Teaching Hours:12
Current Issues and Developments
 

Public sector audit requirements- Performance audit- Performance information-Planning an audit of performance information –Procedures- Reporting- Forensic Audit – Definitions- Acceptance considerations- Level of assurance- Planning and performing forensic audits- Reporting-Due diligence- Definitions and procedures.

Text Books And Reference Books:
  1. Economic and commercial laws- Tejpal Sheth
  2. Kaplan, Advanced auditing and assurance- ISDC
  3. Vikas Oswal , Auditing and Assurance , CCH Learning series
Essential Reading / Recommended Reading
  1. Contract Act,1872
  2. BPP, Advanced auditing and assurance- BPP learning centre
  3. R.G.Saxena , Principles and Practice of Auditing- Himalaya Publishing House.
Evaluation Pattern

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. 

MIF234 - INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

This course aims to explain and demonstrate the use of portfolio theory in risk and return estimation, security selection, and other practical applications in the portfolio management process. The course also focuses on the use of fundamentals of portfolio and risk management, including active return and active risk measurement, and portfolio planning and construction.

Course Outcome

CO1: Understand and describe modern portfolio theories and methods for measuring and modifying risk exposures and factors

CO2: Describe arbitrage pricing theory (APT), including its underlying assumptions and its relation to multifactor models

CO3: Explain the use of value at risk (VaR) in measuring portfolio risk

CO4: State and interpret the fundamental law of active portfolio management and active management strategies

CO5: Describe the steps in the portfolio management process.

Unit-1
Teaching Hours:15
Portfolio Management - Basics
 

The emergence of modern Portfolio Theory, Risk Management Process, Risk Governance, Identification of risks, Measuring and Modifying risks, Capital Market Theory, Pricing of risk and calculation of expected return, Capital Asset Pricing Model Investment Characteristics of Assets -Return, variance, covariance and other investment characteristics, Utility Theory and indifference curves, Portfolio of two or more risky assets, Efficient Frontier and Optimal investor portfolio

Unit-2
Teaching Hours:12
Multifactor Models
 

Introduction to factors, Multifactor models and modern portfolio theory, Arbitrage Pricing theory, Factors, types and Structure of multifactor models, Application of multifactor models in risk attribution, return attribution and portfolio construction, making strategic portfolio decisions

Unit-3
Teaching Hours:10
Measurement and Management of Market Risk
 

Value at Risk, Estimating VaR, Advantages and Limitations of VaR, Extensions of VaR, Sensitivity Risk Measures, Scenario Risk Measures, Applications of Risk Measures, Constraints in Market risk management – Risk Budgeting, Position limits, Scenario Limits, Stop-Loss Limits, Risk measures and Capital Allocations

Unit-4
Teaching Hours:15
Analysis of Active Portfolio Management
 

Active Management and Value Added, Choice of Benchmark, Decomposition of Value Added, Sharpe Ratio, Information Ratio, Constructing Optimal Ratios, Fundamental Law of Active Management, Active Security Returns, Basic and Full Fundamental Law, ex post performance management, Limitations – Ex ante measurement of Skill, Independence of Investment Decisions

Unit-5
Teaching Hours:8
Portfolio Planning and construction
 

Investment Management, Portfolio Management Process, Planning-Execution-Feedback, Investment Policy Statement, Components of IPS, Risk and Return objectives of client, Gathering Client Information, Capital market expectations, Strategic asset allocation, Steps towards an Actual portfolio, Additional Portfolio Organizing Skills, Ethical Responsibilities of Portfolio Managers

Text Books And Reference Books:

1.     2020 CFA Level 2 Curriculum Text Book (Wiley and Sons)

2.     Investments, 12th Edition, 2020, Bodie-Kane-Marcus

Fundamentals of Investments: Valuation and Management, 9th Edition, 2020, Jordan-Miller-Dolvin

Essential Reading / Recommended Reading

1.     Investment and Portfolio Management: A practical Introduction, Ian Pagdin & Michelle Hardy

2.     Investment Analysis and Portfolio Management, Frank K. Reilly & Keith C. Brown

Active Portfolio Management, Richard Grinold & Ronald Kahn 

Evaluation Pattern

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. 

MIF235 - BUSINESS RESEARCH METHODS (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Discuss the primary concepts and ethical considerations in research

CO2: Explain the overall process of designing a research study

CO3: Conduct a systematic sampling design for a scholarly educational study

CO4: Develop a comprehensive data collection and measurement technique for conducting research

CO5: Develop basic and advanced knowledge of SPSS

CO6: Organize and conduct research in a more appropriate and ethical manner

Unit-1
Teaching Hours:8
Introduction to Research
 

Meaning of research, Objectives of Research, Significance of Research, Research and Scientific method, Objectivity, Importance of knowing how research is done, Types and Methods of research, research process, Criteria of good research, Limitations of research, Ethics in research.

Unit-2
Teaching Hours:8
Research Design
 

Meaning of a Research problem, Selecting the problem, Necessity of defining the problem, Techniques involved in defining a problem, Meaning of Research design, Need for Research Design, Basic features of a good design, importance concepts relating to research design, Different Research Designs – Exploratory research Design & Conclusive Research Design: Descriptive Research & Causal Research, Basic Principles of Experimental Designs. Framing Hypothesis and steps in testing hypothesis

Unit-3
Teaching Hours:6
Sampling Design
 

Introduction, Sampling techniques or methods, Probability sampling techniques: Simple Random Sampling, Systematic Sampling, Stratified Sampling, Cluster Sampling, Non Probability Sampling: Convenient Sampling, Judgment Sampling, Quota Sampling, Snowball Sampling, Sampling Design & Sampling technique, Sample size, sampling & NonSampling Errors.

Unit-4
Teaching Hours:8
Measurement Scales & Data Collection Methods
 

Concept of Measurement, Types of measurement Scales, Collection of Primary Data, Collection of data through Questionnaire, Collection of Data through Schedule, Difference between Questionnaires and Schedules, Guidelines for Constructing Questionnaire/Schedule, Some other methods of primary data collection.

Unit-5
Teaching Hours:5
Secondary and qualitative data collection
 

Collection of Secondary data, Qualitative data, Selection of appropriate method of data collection.

Unit-6
Teaching Hours:10
Statistical Package for Social Sciences - Basics
 

Overview of SPSS for Windows Step by Step Process, Creating & Editing a Data File, Managing Data, Descriptive Summary, Measures of Univariate Data, Measures of Central Tendency - Mean, Median and Mode. Measures of Dispersion - Range, Mean Deviation, Standard Deviation, Coefficient of variation, Quartile & Percentiles. Coefficients of Skewness and Kurtosis.

Unit-7
Teaching Hours:10
Statistical Package for Social Sciences ? Advanced
 

Correlation, Factor Analysis, Cluster Analysis, Reliability Analysis, Regression Analysis – Bivariate Regression Probit, Tobit & Logit. Tests for Normality, Chi-Square test for Independence, One-Way ANOVA, Two-Way ANOVA, Non Parametric Methods - Sign test, Mann Whitney U test, Kruskal Wallis test, Kolmograv Smirnov test.

Unit-8
Teaching Hours:5
Report Writing
 

Significance of Report Writing, Different steps in Writing Reports, Layout of a Research Report, Types of Reports, Mechanics of Writing a writing a research report, Precautions for writing research reports. APA writing style. 

Text Books And Reference Books:

1.  Kothari C.K. (2004). Research Methodology – Methods and Techniques. New Delhi: New Age International.

2. Krishnswamy, K.N., Shivkumar, AppaIyer and Mathiranjan M. (2006). Management Research Methodology; Integration of Principles, Methods and Techniques. New Delhi: Pearson Education. 

Essential Reading / Recommended Reading

1.  Deepak Chawla, NeenaSondhi. Research Methodology Concepts and Cases. Vikas Publishing.

2.  William Zikmund, Barry Babin, Jon Carr, Mitch Griffin. Business Research Methods.   Cengage.

3.  Naval Bajpai. Business Research Methods. Pearson Education

4. Donald R Cooper and Pamela S Schindler. Business Research Methods. Tata McGraw Hill Publishing Company Ltd

Evaluation Pattern

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. 

MIF236 - FINTECH-I (2021 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Understand the impact of technology in different sectors of finance

CO2: Evaluate the important technological trends that are impacting Finance

CO3: Recognise the importance and evolution of data privacy and its corresponding technologies

CO4: Recognise the importance of Analytics and Digital Finance

CO5: Develop Power Bi skills to create visualizations

CO6: Develop Power Bi skills to Export Transform and Load (ETL) data into Power Bi Model

Unit-1
Teaching Hours:4
Introduction to Industry 4.0
 

Evolution of Industry over the years – Importance of the new technologies in Industry 4.0 – Advantages and disadvantages of Industry 4.0 – Opportunities & relevance of Industry 4.0 – Impact on the Finance, Accounting and taxation systems.

Unit-2
Teaching Hours:8
E-commerce
 

Introduction to E-Commerce – Framework of E-Commerce – Types of E-Commerce – Advantages and Disadvantages of E-Commerce – Technologies – Security in relation to E-Commerce – E-Payments and its enabling technologies.

Unit-3
Teaching Hours:12
Digital Finance & Alternative Finance
 

Brief History of Financial Innovation – Digitization of Financial Services – Fintech & Funds - Crowd Funding – P2P and Marketplace Lending – ICO – Technologies in Finance transformation – Indian context of digital & alternative finance – Case Study

Unit-4
Teaching Hours:8
Data & Tech-Fin
 

History of Data Regulation – Digital Identity – KYC & KYD – Open Banking API – Data, Metadata & Differential Privacy – Methods of Data protection – Invoice discounting in digital unit

Unit-5
Teaching Hours:8
Analytics
 

Different types of Data – Systems used in Analytics – Types of Analytics – Advantages and disadvantages – Analytics in companies – Analytics & Automation - Why Analytics can fail – Data Privacy and GDPR - Case Studies

Unit-6
Teaching Hours:20
Introduction & Practical application of Data Analytics - Visualization (Practical)
 

Importance of Visualization in Power Bi – Loading data into Power Bi – Developing Basic reports – Slicers and page filters – Basic usage of standard formulae and data modeling – Practical aspects of Power Bi

Text Books And Reference Books:

1.     The Fintech Book – by Susanne Chisti & Janos Barberis

Essential Reading / Recommended Reading
  1. Understanding Privacy – Daniel J Solove
  2.  Data Science for Business – by Tom Fawcett
  3.  Data Smart: Using Data Science to Transform Information into Insight by John W Foreman
  4. The Legal Tech Book by Susanne Chishti
Evaluation Pattern

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. 

MIF251 - EXPERIENTIAL LEARNING-II (2021 Batch)

Total Teaching Hours for Semester:30
No of Lecture Hours/Week:0
Max Marks:50
Credits:2

Course Objectives/Course Description

 

Learning is an important learning experience of this study program, allowing students to solve real-world problems through study on feasibility and hands-on-learning approach.  This enables students to apply management knowledge in a professional setting.

Course Outcome

CO1: Learn continuously problem solving approach and employability competencies to help them transition to academic / corporate career

CO2: Adopt reflective thinking and sense of transcendence in work values and develop personal integrity

CO3: Build environment sensitivity and mutual respect towards academic institutions / business organizations they operate

CO4: Develop peer recognition, personal integrity traits and communication skills

CO5: Respect diversity and develop international mindedness and multiculturalism in business organization/ academic institution

Unit-1
Teaching Hours:30
Project report on Entrepreneurship Idea Feasibility Study
 

Experiential Learning is organized around and triggered by complex problems that students can expect to encounter in the real world of start-ups. The idea that you choose must let you tackle a real business issue for a real start-up or organization and make a genuine impact. Students must leverage their newly acquired knowledge from core courses, internship/ project experience and their previous work experience in diverse industries to solve business problems. Ideas and suggestions are often used by the entrepreneurs to build their own start-ups.

During the Second semester period you will:

1. Plan the feasibility study of your idea and innovation for your start up

2. Type of Project Work: Incubated feasibility study for entrepreneurship

3. Write a report

4. Present your findings and solutions to the Department.

 

Student Code of Conduct:

Student will conduct yourself in a professional manner at all times. This includes, but is not limited to:

1) Reporting for the idea generation on-time. Maintaining required work schedule.

2) Following all rules and policies as required by the department.

3) Follow all the rules and regulators as required by government / regulatory authorities. 

4) Maintaining strict confidentiality regarding information/data obtained on any start ups, members, customers, patents, employees, and products or services associated with the department.

5) Using appropriate written and oral communication in all interactions with all supervisors, employees, clients and university staff.

6) Observing all established safety rules and avoiding unsafe work practices.

7) Demonstrating honesty, cooperation, integrity, courtesy, and a willingness to learn.

8) Engaging in positive, ethical, and legal behavior.

9) Accept responsibility and accountability for decisions and actions taken while at the experiential learning/entrepreneurship projects site.

10) Treat all customers, clients, supervisors, and fellow employees with dignity and respect.

11) Students are expected to maintain professionalism at work place. 

 

 

Text Books And Reference Books:

.

Essential Reading / Recommended Reading

NA

Evaluation Pattern

The department will evaluate student’s performance (75% weight age).

The evaluation will be based on rubrics criteria such as consistency, overall performance, attendance, number of hours worked, quality of work – Live project, code of conduct on the job and many other parameters

 

MIF331 - STRATEGIC COST MANAGEMENT (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

 

Course Outcome

CO1: Discuss the role of cost data in pricing decisions

CO2: Apply cost control and management tools in business decisions

CO3: Analyze and evaluate cost management strategies

CO4: Apply appropriate cost allocation techniques to a variety of costing problems

CO5: Develop strategies for managing costs

Unit-1
Teaching Hours:10
Costing Strategy
 

Influence of different cost elements on business enterprise, Importance of analyzing cost elements, cost control and cost reduction: meaning, process, methods and techniques of cost control and cost reduction, cost management: areas of cost management, difference between cost management and cost accounting, role of cost accounting in strategic planning and management control.

Unit-2
Teaching Hours:10
Strategic Cost and Performance Evaluation
 

Integration of strategic cost management with performance evaluation, Strategic cost management issues in different elements of cost; material, labour and overheads; product design, value analysis and value engineering, strategic analysis of cost, business process re-engineering, benchmarking

Unit-3
Teaching Hours:10
Activity Based Costing System
 

Introduction to traditional methods of overhead absorption, problems of overhead absorption system under Traditional System, introduction to ABC, Kaplan and Coopers approach to ABC, cost drivers and cost activities, allocation of overheads under ABC, Characteristics of ABC, benefits from adaptation of ABC System, problems on comparison between traditional system and ABC system.

Unit-4
Teaching Hours:10
Pricing Strategies
 

Pricing Strategies- Factors Influencing Pricing Decisions; Short run Vs. Long Run Pricing Strategy; Cost-Based Pricing; Economic Approach to Pricing; Pareto Analysis in Pricing Decisions. Activity-Based- Budgeting (ABB): ABB and Traditional Budgeting; ABB Process; Capacity Utilization; Role of ABB in Cost Management, Life cycle Costing, Target Costing, Kaizen Costing

Unit-5
Teaching Hours:10
Cost of Quality and TQM
 

Definition, classification of quality costs, cost of Conformance, Prevention costs, appraisal costs, cost of Non-conformance, optimization of quality cost, TQM Core concepts of TQM, Benefits of TQM. TQM –basics, stages, principles, control, corrective actions, PRAISE- steps, problems, implementation Cost of quality report Continuous process improvement.

Unit-6
Teaching Hours:10
Transfer Pricing
 

Transfer Pricing – meaning, necessity, Objectives, applications, Methods (Cost Based, Market Price Based and Negotiated Pricing), Advantages and Disadvantages, Criteria for setting Transfer Prices, Guiding Principles in the fixation of transfer prices, Transfer Price in different situations. International transfer pricing: meaning, factors affecting international transfer pricing.

Text Books And Reference Books:
  1. Ravi. M. Kishore, Cost Management, Taxman, Allied Services (p) Ltd.
  2. S.K.R. Paul, Management Accounting,  New Central Book Agency Private Ltd., Calcutta.
  3. Charles T. Horngren, George Foster, Srikant M. Data, Cost Accounting: A Managerial Emphasis, Prentice Hall of India, New Delhi.
Essential Reading / Recommended Reading
  1. Cost Analysis for Management Decisions: M.R.S. Murthy, Tata Mc Graw Hill Cost
  2. Management strategy for business decision: Ronald Hilton and Michal Maher, 3rd Editions, Mcgraw Hill

 

 

Evaluation Pattern

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.

MIF332 - FINANCIAL DERIVATIVES (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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. 

Course Outcome

CO1: Build upon the basic derivatives concepts

CO2: Conduct sensitivity analysis using derivatives.

CO3: Use different valuation models to find the intrinsic value of the derivatives.

CO4: Predict the future possibilities and design the risk mitigation strategies.

CO5: Evaluate and critically analyse Derivatives Market in India and Emerging Trends

Unit-1
Teaching Hours:6
Structural Framework of Derivatives
 

Meaning, Elements of a Derivative Contract, Types of Derivatives, Types of Underlying Assets, Participants in Derivatives Market, Application of derivatives for risk management and speculation

Unit-2
Teaching Hours:10
Forward and Future Contracts
 

Valuation of forward and future contracts, Valuation of stock index futures, Hedging using futures contracts, Hedging using stock index future contracts, Arbitrage using future contracts

Unit-3
Teaching Hours:16
Options Contracts and Trading Strategies
 

Introduction to option contracts, Option trading strategies. Valuation of options using Binomial and Black-Scholes model, Option Greeks: Delta, Theta, Gamma, Vega, Rho, Minor Greeks.

Role of the volatility parameter in the valuation of options, including Calculation of implied volatility from option prices: Estimation of volatility from historical time series or other market indices (e.g. the VIX index). The smile effect and volatility surfaces.

Unit-4
Teaching Hours:10
Credit Derivatives
 

Securitization and derivatives. CDO, CMO, CLO, CLN, CDS, other Credit derivatives.

Valuation of Credit Default Swaps, credit indices, CDS forwards and options, Basket credit default swaps, total return swaps, Valuation of Synthetic CDO. Role of correlation in pricing credit derivatives.

Unit-5
Teaching Hours:8
Interest Rate Derivatives
 

Interest rate caps and floors, hedging interest rate derivatives, options on bonds, interest rate trees, calibration

Unit-6
Teaching Hours:10
Derivatives Market in India and Emerging Trends
 

Financial Derivatives Market in India – Derivatives Trading at NSE/BSE, – Emerging Structure of Derivatives Markets in India -Regulation of Financial Derivatives in India. Derivatives impact on agriculture. Derivatives of derivatives. Trends in the equity derivatives markets, Weather derivative, exotic derivative. Financial engineering in derivatives.

Text Books And Reference Books:
  1. Options, Futures and Other derivatives by John C Hull and Sankarshan Basu, Pearson Education India.
  2. Derivatives and Risk Management, 1e, by Janakiramanan Pearson Education India
  3. Fundamentals of Financial Derivatives by Prafulla Kumar Swain, Himalaya Publishing
Essential Reading / Recommended Reading
  1. How To Make Money Trading Derivatives: An Insider's Guide by Ashwani Gujral
  2. Financial Derivatives by S S S Kumar, Prentice Hall India publication
Evaluation Pattern

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.

MIF333 - DIRECT TAX LAWS AND INTERNATIONAL TAXATION (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Understand the provisions of Income Tax Act.

CO2: Understand & gain knowledge on important international taxations concepts.

CO3: Analyse and evaluate concepts like tax planning, tax evasion and tax avoidance

CO4: Acquire understanding of provisions relating to assessment procedure and return of income

CO5: Interpret and establish relations between clubbing of income, set off of income and carry forward of losses

CO6: Establish and apply understanding of provisions relating to double taxation, transfer pricing in international taxation

Unit-1
Teaching Hours:10
Basic Concepts, Residence & Scope of Total Income, Incomes taxable under various heads
 

Overview of Income Tax Law in India – Important Definitions – Charge & Rate of Income Tax, Residential Status – Scope of total Income – Income under head Salaries – Income from House Property – Profits and Gains of Business or Profession – Capital Gains – Income from Other Sources.

Unit-2
Teaching Hours:6
Clubbing of Income, Set-off & carry forward of losses, Deductions from Gross Total Income, Deduction, Collection & Recovery of Tax
 

Income of other person includable in Assessee’s Total Income – Cross Transfers – Concept of set-off & carry forward of losses – Inter-source & Inter-head Adjustment – Order of set-off of losses – Deduction in respect of Payments, certain incomes, other income – Other Deductions – Deduction at Source & Advance Payment – Deduction of Tax at Source – Collection of Tax at Source – Collection & Recovery of Tax – Refunds .

Unit-3
Teaching Hours:5
Tax Planning, Tax Evasion & Tax Avoidance, Income-tax Authorities
 

Tax Planning, Tax Evasion & Tax Avoidance, Tax Planning consideration in respect of Salary income & in relation to business – General Anti-avoidance Rules – Appointment & Control –Jurisdiction – Power of Income-tax Authorities.

Unit-4
Teaching Hours:8
Assessment Procedure, Appeal & Revision, Settlement of Tax Cases
 

Return of Income – Interest on default in furnishing Return of Income – Return of Loss – Belated Return – Revised Return – Mandatory filing of Return in certain cases – Defective Return – Verification of Return – Self Assessment –Inquiry before Assessment– Audit under section 142 –  Assessment under section 143 – Best Judgement Assessment – Income escaping Assessment – Rectification of Mistake – Notice of Demand – Appeals to Commissioner (Appeals), Appellate Tribunal, High Court, Supreme Court – Revision – Definition of ‘Case’ – Application of Settlement of Cases – Power of Settlement Commission – Power to grant immunity from prosecution & penalty

Unit-5
Teaching Hours:6
Penalties, Offences & Prosecution
 

Penalties leviable for under-reporting of income – immunity from imposition of penalty & prosecution – Other penalties – Summary of offences & prosecution – Power of Principal Commissioner or Commissioner to grant immunity from prosecution – Presumption with regard to assets, books of accounts – Constitution & offences triable by Special Court – Trial of offences.

Unit-6
Teaching Hours:25
International Taxation
 

Transfer Pricing & Other provisions to check Avoidance of Tax – Non Resident Taxation – Double Taxation Relief – Advance Rulings – Equalisation Levy – Application & Interpretation of Tax Treaties

Text Books And Reference Books:
  1. T. N. Manoharan & G. R. Hari. (2019) Direct Tax Laws & International Taxation
  2. ICAI Final Study Material on Direct Tax Laws
Essential Reading / Recommended Reading
  1. T. N. Manoharan & G. R. Hari. (2019) Direct Tax Laws & International Taxation
  2. ICAI Final Study Material on Direct Tax Laws.
Evaluation Pattern

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.

MIF334 - INTERNATIONAL BUSINESS AND LEGAL ASPECTS (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: enable the students, acquire an understanding of International Business Ecosystem

CO2: develop an understanding of International Business finance, regulatory and operational framework

CO3: familiarize the students with hands on experience in International Trade Operations

CO4: Understand the role and nature of international bodies in the formation and implementation of international business law

CO5: Analyze the trends in country local laws and its impact on Global trade

Unit-1
Teaching Hours:5
Introduction
 

Introduction to International Business Environment - Global Environmental Analysis – Forms of international business – Global Value Chains.

Unit-2
Teaching Hours:10
The Global Trade Regulatory Framework
 

Global Regulatory Environment, International Economic and Trade Organizations World Trade Organization (WTO) – WTO Agreements & provisions -  WTO’s disputes settlement mechanism & process - Major provisions of WTO in connection with India -– Trading Quotas - Free Trade Agreements - National International Trade Facilitation Bodies.

Unit-3
Teaching Hours:15
International Trade ? Finance & Regulatory Affairs
 

International Business Regulatory Environment - India’s EXIM Policy, Director General of Foreign Trade –International Trade Operations – IEC Code - INCOTERMS - Export-Import Documentation - Customs Procedures – International Trade Finance - Payment methods in International Trade - International Trade Finance types – Open Trade, LCs – Factoring – Forfeiting - International Trade Finance documentation -  International Trade Logistics  & Foreign Exchange Management – Global Trade Credit Insurance –  Factors Chain International - ECGC – COFACE.

Unit-4
Teaching Hours:10
International Trade Law
 

Formation of WTO. Non-tariff barriers: Agreement on Technical Barriers to Trade (TBT). Agreement on Sanitary and Phytosanitary (SPS) Measures. Rules of Origin. Pre-shipment Inspection. Agreement on Import Licensing. International competition law- Anti-trust, Sherman and Clayton Act, Treaty of Lisbon; definitions and salient features.  Role of tribunals and internationalcourts

Unit-5
Teaching Hours:14
ADR and Mediation
 

Disputes and the approaches to dispute resolution - Overview of ADR methods - negotiation - mediation - conciliation - arbitration - expert determination - dispute resolution board - hybrid methods - online dispute resolution (ODR), Court annexed ADR processes, Advantages and Disadvantages of ADR, selection of a method. Models of mediation - rights based - interest based - facilitative - evaluative - settlement oriented - therapeutic - transformative and other models

Confidentiality in mediation and enforceability of mediation agreement - drafting the mediation agreement and confidentiality agreement. Civil and commercial mediation - employmentmediation

Unit-6
Teaching Hours:6
Data Localization Laws
 

Concept and trend of data localization laws. Overview of compliances and policies for data regulations. Impact on business process and trade. Law in India; RBI Mandates.  Impact on e-commerce. 

Text Books And Reference Books:
  1. International trade law- Hemant Goel
  2. DGFT, Handbook of Procedures,  https://dgft.gov.in/hand-book-of-procedures-2015-20-primary-tabs
  3. WTO E-Learning,  https://wtolearning.csod.com/client/wtolearning/default.aspx
Essential Reading / Recommended Reading
  1. Alternative Dispute Resolution in a Nutshell, 4th edition- Jacqueline Nolan-Haley
Evaluation Pattern

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.

MIF335 - INTERNATIONAL FINANCIAL MANAGEMENT (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Understand the foundation and conceptual framework of IFM

CO2: Identify, analyse and frame strategies to hedge the risks of International financial exposure of a firm

CO3: Resolve the challenges and controversies associated with the international financial management in a firm

CO4: Apply the financial management tools for FDI and cross border investments

CO5: Explore the future developments that happen in terms of world financial markets and institutions

Unit-1
Teaching Hours:6
Foundations of International Finance
 

Emerging trends necessitating the study of IFM, Issues arising due to the non- concentration on the IFM in a company, Global events impacting the financial management in a company, International flow of funds, BOP components and issues

Unit-2
Teaching Hours:15
Conceptual Structure of IFM
 

Exchange rate quotations, Bid ask spread, Exchange rate determination using APP, RPP, IRP, Fischer effect, Appreciation and depreciation of currency, Currencies at premium and discount, Cross rates, Forward quotations, triangular arbitrage, covered interest arbitrage

Unit-3
Teaching Hours:15
Risk Management
 

Hedging strategies, Hedging using forwards, futures, options and swaps, Money market hedge, Extension of contracts.

Management of Economic Exposure, Management of Operating Exposure, Management of Translation Exposure – Current / Non-current Method, Monetary / Non-monetary Method, Temporal Method, Current Rate Method

Unit-4
Teaching Hours:10
Financial Management in Multinational Firms
 

Foreign Direct Investment and Cross Border Acquisitions- International Capital Structure & Cost of Capital- International Capital Budgeting: NPV, APV, Choice of discount rates- Multinational Cash Management, Centralized cash management and Netting- International Trade Finance- International Tax Environment and tax inversion.

Unit-5
Teaching Hours:8
World Financial Markets and Institutions
 

International Banking and Money Market- International Bond Market- International Equity Market- International Portfolio Investment

Unit-6
Teaching Hours:6
Recent Developments and Future of IFM
 

Masala bonds and Green masala bonds, sustainable financing, international debt markets, emerging role of SPVs, tax havens, role of softwares, financial engineering, global banking, Bilateral currency swap agreements, currency devaluations, Financial crisis possibilities. 

Text Books And Reference Books:
  1. International Financial Management by Madhu Vij, Excel Books.
  2. International Finance by G Shailaja, Universities Press
  3. Jeff Madura, International Financial Management, Recent Edition, Thomson Publication
Essential Reading / Recommended Reading
  1. Alan C Shapiro, Multinational Financial Management, Recent Edition, PHI, New Delhi
  2. P.G Apte, , International Financial Management, Mc Graw Hill Education
Evaluation Pattern

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.

MIF336 - FINTECH-II (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Evaluate the legal provisions affecting use of technologies

CO2: Recognise the importance of Cloud computing, Block chain and crypto currencies

CO3: Establish Understanding of Analytics, Machine Learning and Artificial Intelligence Impacts Finance

CO4: Develop intermediate visualizations using Power Bi

CO5: Understand the impact of technology in different sectors of finance

Unit-1
Teaching Hours:8
Legal Provisions in Fintech
 

Current Legal provisions in data security – GDPR Laws – International laws to protect Privacy – Indian context of data protection – Taxation and impact on tax authorities – Indian context of legal provisions in Fintech regarding RBI and IRDA

Unit-2
Teaching Hours:4
Cloud Infrastructure & Computing
 

Introduction to Cloud computing – Different types of cloud infrastructure –Advantages and Disadvantages of cloud computing - Introduction to RPA and IOT

Unit-3
Teaching Hours:8
Machine Learning
 

Fundamentals of Machine Learning – Functional elements of Machine Learning - Supervised and unsupervised Learnings – Clustering and Sequence Modelling – Impact on Finance functions 

Unit-4
Teaching Hours:8
Artificial Intelligence
 

History of Artificial Intelligence –AI in today’s context – Natural Language Processing (NLP) – Reinforcement Learning – Image processing – Importance of AI in Finance & Accounts – Robo-Advisors

Unit-5
Teaching Hours:8
Blockchain & Crypto Currency
 

All About Blockchains – Digital Disruptions in Financial Services – Decentralization mining - Crypto Assets & Token – Risk Management for Fintech – Security in Blockchain – Business models in Block Chain 

Unit-6
Teaching Hours:24
Intermediate Visualizations using Power Bi (Practical)
 

Loading more complex datasets – Data Modelling – Advanced Formulae – Creating custom measures and parameters – Development of Data Relationships – Advanced Visualizations – Publishing

Text Books And Reference Books:
  1. Breaking Banks: The Innovators, Rogues, and Strategists by Brett King
  2. Bitcoin & Crypto currencies by Arvind Narayanan
Essential Reading / Recommended Reading
  1. The AI Book by Susanne Chishti
  2. Fintech Law in a Nutshell by Chris Brummer
  3. FinTech, BigTech and Banks by Alessandra Tanda, Cristiana-Maria Schena
Evaluation Pattern

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.

MIF351 - RESEARCH CONFERENCE AND PUBLICATION (2020 Batch)

Total Teaching Hours for Semester:30
No of Lecture Hours/Week:2
Max Marks:50
Credits:2

Course Objectives/Course Description

 

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/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.  

Course Outcome

CO1: Equip with new ways of thinking about a specific topic of research

CO2: Develop research skill of writing an academic paper

CO3: Develop inter-personal skills to engage with advanced researchers

CO4: Develop independent and self driven experience of publishing their academic writing

CO5: Include and adapt the ideas of team in to build a research

Unit-1
Teaching Hours:30
Research Conference and Publication
 
  • Students assigned to a supervisor/mentor
  • Weekly discussion with the supervisor on research topic
  •  Writing the research paper
  • Present your final research paper to supervisor and at the conference.
  • Publish the research paper in a refereed journal.  

 

Text Books And Reference Books:

NO

Essential Reading / Recommended Reading

NO

Evaluation Pattern
  1. Supervisor's Evaluation: Students will be evaluated on criteria such as consistency, frequency of discussion with the supervisor, overall performance, attendance, number of hours worked and quality of academic writing. It carries 10marks
  2. Presentation in national or international conference (supported with a presentation certificate)  carries 20 marks
  3. Publication of research paper in a refereed journal (supported with proof of publication) carries 20 marks.

 

No.

Criteria

Marks

1

Supervisor (Consistency, Attendance, Frequency of discussion, Quality of writing)

10

2

Presentation in Conference

20

 

Publication in Journal

20

MIF431 - STRATEGIC FINANCIAL MANAGEMENT (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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. 

Course Outcome

CO1: Explain the concepts of corporate valuation, corporate restructuring and shareholder value creation

CO2: Discuss various approaches to measure and practice value based management

CO3: Carry out corporate valuation

CO4: Apply the valuation techniques to mergers and acquisitions assessment and decision making

CO5: Identify an appropriate framework for shareholders value analysis

CO6: Analyse real-world cases in mergers and acquisitions

Unit-1
Teaching Hours:10
Strategic Financial Management
 

Introduction, Constituents, Financial planning, Capital allocation and Corporate strategy, Capital Structure and Firm Value, Dividend Policy and Firm value 

Unit-2
Teaching Hours:10
Corporate Valuation
 

Introduction, Approaches - Adjusted Book Value Approach, Stock and Debt Approach, Comparable Companies Approach, Discounted Cash Flow Approach - Concept of Free Cash Flow to the Firm, Two and Three Stage Valuation Models, Valuation of Physical Assets, Valuation of Intangible Assets 

Unit-3
Teaching Hours:10
Value Metrics
 

Shareholder value creation - Traditional and modern approaches, Value drivers, Approaches to Value Based Management - Marakon Approach, Alcar Approach, Mc Kinsey Approach, Economic Value Added Approach, BCG HOLT Approach, Metrics for Measurement of Performance, Executive Compensation and Value Creation, Employee Stock Option Plans  

Unit-4
Teaching Hours:10
Corporate Restructuring
 

Introduction, Forms of corporate restructuring - Spin off, Split off, Split up, Leveraged Buyout, Divestiture and other forms of corporate restructuring 

Unit-5
Teaching Hours:10
Mergers and Acquisitions
 

Definition, Types, Motives, Merger process, Mechanics of Merger - Legal, Accounting and Tax, Valuation of Mergers and Acquisitions, Financing of Merger and settlement, Takeovers

Unit-6
Teaching Hours:10
Challenges in Strategic Financial Management
 

Financial Management in Knowledge Intensive Companies and Public Sector Companies, Financial Management in Sick Units, Financial Innovations and Financial Engineering - Overview, Scope, Tools of Financial Engineering, Financial Engineering versus Financial Analysis

Text Books And Reference Books:

 

  1.  Ravi. M. Kishore, Strategic Financial Management, Taxman Publication.
  2.  The Essence of mergers and Acquisitions: Sudarsanm, PS: prentice Hall of India, Hall.
  3.   Strategic Financial Management: Prasanna Chandra.
  4.   Chandra Prasanna. (2014) Strategic Financial Management, 1st edition, Tata McGraw
  5.    Hill 3. Tim Koller. (2010) Valuation: Measuring and Managing the Value of Companies, 5th edition, McKinsey and Company Inc.

 

Essential Reading / Recommended Reading
  1. An introduction to strategic Financial Management: Allen D. CIMA/ Kogan page, London
  2.  Financial Theory and corporate policy: Copeland T.E and J D Weston Addision westerly, NY.
  3.  Financial Decision Making: Hamton Jone, PHI, New Delhi.
  4.  David Frykman. (2010) The Financial Times Guide to Corporate Valuation, 2nd edition, Prentice Hall
  5.  Robert. F. Bruner. (2004) Applied Mergers and Acquisitions, 3rd edition, Wiley      
  6. Samuel C Weaver and Fred Weston J. (2010) Mergers and Acquisitions, 1st edition, Tata Mcgraw Hill
Evaluation Pattern

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.

MIF432 - INDIRECT TAX LAWS AND INDUSTRIAL LAWS (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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

Course Outcome

CO1: Understand the structure, fundamentals principles and concepts of GST.

CO2: Understand the important aspects of Customs Law.

CO3: Develop an understanding of the importance of audit under GST and power to inspection, search and seizure

CO4: Establish knowledge of relevant industrial laws.

CO5: Analyse the registration process under GST

CO6: Evaluate and critically analyse the process and importance of appeals under GST

Unit-1
Teaching Hours:4
Introduction to GST, Supply under GST, Charge of GST & Exemption from GST
 

Genesis, Framework & Benefits of GST in India – Constitutional Provisions – Relevant Definitions – Concept of Supply – Composite & Mixed Supply – Inter-State & Intra State Supply – Supplies in Territorial Waters – Levy & Collection of GST – Composite Levy – Tax at concessional Rate – Power to Grant Exemption – Goods & Services Exempt from Tax.

Unit-2
Teaching Hours:8
Place of Supply, Time of Supply, Value of Supply
 

Place of supply of goods other than supply of goods Imported into, or exported from  India [Section 10] – Place of supply of goods imported into, or exported from  India [Section 11] –Place of supply of services where location of supplier of service and the location of the recipient of service is in India [Section 12] – Place of supply of services where location of supplier or location of recipient is outside India [Section 13] – Time of supply of goods – Time of supply of services – Change in rate of tax in respect of supply of goods or services – Value of supply [Section 15] – Rules for valuation of supply of goods and/or services.

Unit-3
Teaching Hours:4
Registration, Tax Invoice, Credit & Debit Notes, Input Tax Credit
 

Persons liable for registration [Section 22] – Compulsory registration in certain cases [Section 24] – Persons not liable for registration [Section 23] – Registration Procedure, Amendment & cancellation – Tax Invoice, Debit & Credit Note – Eligibility and conditions for taking input tax credit [Section16] – Apportionment of credit & blocked credits –  Input Service Distributor –  ITC utilization [Section 17].

Unit-4
Teaching Hours:4
Accounts & Records, E-way Bill, Payment of Tax, Returns
 

Accounts and other records  – Retention of accounts  – Electronic way bill  – Payment of tax, interest, penalty and other amounts  – Interest on delayed payment of tax  – Transfer of ITC – Tax deduction at source  – Collection of tax at source  – Furnishing of returns under Section 39 – Other Returns  – Default or Delay in furnishing return.

Unit-5
Teaching Hours:6
Import and Export under GST, Refunds, Job Work
 

Imports under GST – Exports – Refund of tax – Refund to UN bodies, embassies – Interest on delayed refunds Refund of integrated tax paid on supply of goods Job work procedure to tourist leaving India – Job Work Procedure –Taking input tax credit in respect of inputs and capital goods sent for job work.

Unit-6
Teaching Hours:8
Assessment, Audit, Inspection, Search & Seizure, Demands & Recovery
 

Self,Provisional & Summary Assessment   Scrutiny of returns Audit by tax authorities,  Audit of accounts Power of inspection, search and seizure   Inspection of goods in movement   Power to arrest & Summon Determination of tax not paid/short paid/ erroneously refunded/ITC wrongly availed/utilised  Tax wrongfully collected Recovery proceedings Provisional attachment to protect revenue.

Unit-7
Teaching Hours:6
Offences & Penalties, Appeals & Revision, Advance Ruling
 

Penalty for certain offences   Power to impose & waive Detention, seizure and release of goods and conveyances in transit  Punishments for certain Offences   Cognizance & compounding of offences Appeals to Appellate Authority & Appellate Tribunal Authority for Advance Ruling Appellate Authority for Advance Ruling – Assessment of non-filers of returns  & unregistered persons.

Unit-8
Teaching Hours:6
Customs
 

Levy of & exemption from Customs Duty – Types of Duty – Valuation under Customs Act, 1962 – Importation, Exportation & Transportation of Goods – Baggage Rules – Duty Drawback

Unit-9
Teaching Hours:14
Industrial Laws
 

Objectives, Scope & Applicability  of The Payment of Gratuity Act, 1972 – Employees Provident Fund and Miscellaneous Provisions Act, 1952 –  Employees State Insurance Act, 1948 – Payment of Bonus Act, 1965 – Minimum Wages Act, 1948.

Text Books And Reference Books:
  1.  Dr .Vandana Bangar & Dr Yogesh Bangar. (2019) Bangar’s Indirect Tax Laws.
  2.  Dr Vinod K. Singhania (2019) GST & Customs Law.
  3.  ICAI Final Study Material on GST & Customs.
  4. ICWAI Inter Material on ‘Laws & Ethics’ for industrial laws.
Essential Reading / Recommended Reading
  1.  Dr .Vandana Bangar & Dr Yogesh Bangar. (2019) Bangar’s Indirect Tax Laws.
  2.  Dr Vinod K. Singhania (2019) GST & Customs Law.
  3.  ICAI Final Study Material on GST & Customs.
  4. ICWAI Inter Material on ‘Laws & Ethics’ for industrial laws.
Evaluation Pattern

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.

MIF433 - FINANCIAL MODELLING (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Understand different financial modelling tools

CO2: Apply effectively financial modelling for different financial functions

CO3: Understand capital budgeting and functions of risk analysis in capital budgeting

CO4: Build models for financial, statistical and investment concepts

CO5: Implement portfolio optimization models to calculate efficient portfolios and the efficient frontier

CO6: Perform real options valuation and use advanced model on excel.

Unit-1
Teaching Hours:6
Introduction to Financial Modelling and Spreadsheet
 

Introduction to financial modelling, Strengths and weaknesses of spreadsheets, Introduction to modelling , Understanding Advanced Features of Excel - Database Functions in Excel, Creating Charts, Using Forms and Control Toolbox, Understanding Finance Functions present in Excel, Creating Dynamic Models

Unit-2
Teaching Hours:6
Accounting Modelling
 

Preparing common size statements directly from Trial Balance, Forecasting Financial Statements using Excel, Analysing Financial Statements by using Spreadsheet Model

Unit-3
Teaching Hours:6
Capital Budgeting
 

Organizing spreadsheets to move from sales revenues to after-tax cash flows; using Excel’s financial functions to calculate depreciation schedules; calculating financial measures of success, such as net present value and internal rate of return; using nested IF statements to determine the discounted years to break even

Unit-4
Teaching Hours:6
Risk Analysis in Capital Budgeting
 

Sensitivity Analysis using Excel, Scenario Manager, Other Sensitivity Analysis Features, creating two-variable input tables for sensitivity analysis; Different Statistical Distributions used in Simulation, Generating Random Numbers that follow a particular distribution, Building Models in Finance using Simulation, Monte-Carlo simulation

Unit-5
Teaching Hours:6
Measuring Risk
 

Estimating betas with regression analysis, Using daily, weekly, and monthly data, Testing market efficiency, With regression analysis, With pivot tables, Recording and editing macros, Recording and editing macros

Unit-6
Teaching Hours:10
Valuation Modelling
 

Determination of Value Drivers, DCF Valuation, Risk analysis of discounted cash flow models, Risk Analysis in Valuation

Unit-7
Teaching Hours:10
Portfolio Optimization Modelling
 

Mean-variance portfolio selection, Computing mean-variance portfolios, Testing portfolio, performance, Portfolio selection, Bond portfolio selection, Determining Efficient Portfolio

Unit-8
Teaching Hours:10
Derivatives
 

Black and Scholes Model in Excel, Real Options Valuation

Text Books And Reference Books:

1.     SWAN, Practical financial modeling, ELSER publications, 2nd edition

2.     Alastair Day, Mastering Financial Modelling in Microsoft Excel : A practitioner's guide to applied corporate finance (English) 2nd Edition

Essential Reading / Recommended Reading
  1. Mastering Financial Modelling in Excel – ALSTAIR L DAY (Pearson Publications)
  2. Financial Modeling – Simon Benninga
Evaluation Pattern

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.

MIF434 - EQUITY VALUATION (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Evaluate whether a security, given its current market price and a value estimate, is overvalued, fairly valued, or undervalued by the market

CO2: Describe major categories of equity valuation models

CO3: Explain the rationale for using different models to value equity

CO4: Explain advantages and disadvantages of each category of valuation model

CO5: Calculate and estimate the equity risk and returns

CO6: Calculate the intrinsic value of a company?s share using different valuation models.

CO7: Compare different approaches to building financial models

Unit-1
Teaching Hours:4
Overview of Equity Securities
 

Equity securities in global financial markets, Types and securities of equity securities, Private versus Public equity securities, Investing in Non-Domestic Equity Securities, Risk and Return Characteristics of Equity securities, Equity securities and Company value

Unit-2
Teaching Hours:4
Introduction to Industry and Company Analysis
 

Uses of Industry Analysis, approaches to identifying similar companies, describing and analyzing an industry, company analysis

Unit-3
Teaching Hours:4
Equity Valuation: Concepts and Basic Tools
 

Estimated Value and Market Price, Major categories of Equity Valuation Models, Present Value models: The dividend discount model, Multiplier models, Asset based valuation. 

Unit-4
Teaching Hours:8
Equity Valuation: Applications and Processes & Return Concepts
 

Value definitions and Valuations applications, Valuation Process, Communicating Valuation Results, return concepts, The Equity Risk Premium, The Required return on equity, Weighted average cost of capital, Discount rate selection in relation to Cash Flows

Unit-5
Teaching Hours:8
Industry and Company Analysis- Advanced
 

Financial Modelling -Overview, Impact of competitive prices and costs, Inflation and deflation, Technological developments, Long term forecasting, Building a model

Unit-6
Teaching Hours:12
Discounted Dividend Valuation
 

Present Value Models, Dividend Discount Model, Gordon Growth Model, Multistage Dividend Discount Models, Financial Determinants of growth rates

Unit-7
Teaching Hours:20
Free Cash Flow Valuations
 

Introduction to Free cash flows, FCFF & FCFE Valuation Approaches, Forecasting Free cash flows, Free Cash flow model variations, Nonoperating assets and firm value.

Text Books And Reference Books:
  1. 2020 CFA Level 2 Curriculum Text Book (Wiley and Sons)
  2.  Equity Valuation for Analysts and Investors, James Kelleher
  3. Investments, 12th Edition, 2020, Bodie-Kane-Marcus
Essential Reading / Recommended Reading
  1. Competitive Strategy, Techniques for analysing industries and competitors, Michael E. Porter
  2.  Finance for Executives: Managing for Value Creation, 5th edition, Gabriel Hawawini
  3.  What Works on Wall Street. New York, O’Shaughnessy
  4.  The Little Book of Valuation, Aswath Damodaran
  5. Creating Shareholder Value: A Guide for Managers and Investors, Alfred Rappaort
Evaluation Pattern

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.

MIF435 - STRATEGIC MANAGEMENT, ETHICS AND GOVERNANCE (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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.

Course Outcome

CO1: Learn and apply the concepts o strategic management in contemporary business and management practices

CO2: Analyze and evaluate ethical issues that occur at all levels of business decision making.

CO3: Develop strategic decision-making skills and strategic thinking in working/aspiring learners.

CO4: Explain the basic concepts, principles and practices associated with corporate, business and functional strategies.

CO5: Analyze and evaluate critically strategic alternatives in real life company situations

Unit-1
Teaching Hours:6
INTRODUCTION TO STRATEGIC MANAGEMENT
 

Meaning, Characteristics of Strategic Management, Strategic Management Vs. Operational Management, Nature, Scope, Importance & Process of Strategic Management, Hierarchy of Strategy, Stakeholders in Strategic Decision Making and their Role in Strategic Management, Strategic Planning & Intent, Concept of Vision, Mission, Objectives

Unit-2
Teaching Hours:12
ENVIRONMENTAL APPRAISAL
 

Analyzing Company’s Internal & External Environment capabilities and competencies, Preparing an Environmental Threat and Opportunity Profile (ETOP). Analyzing Industry Environment using Porter’s Five Forces Model of competition, VRIO Framework, competitive advantage, competitive parity & competitive disadvantage, Core Competence, characteristics of core competencies, Distinctive competitiveness, Benchmarking as a method of comparative analysis. Value Chain Analysis using primary & secondary activities. Organizational Capability Profile: Strategic Advantage Profile, Concepts of stretch, leverage & fit, ways of resource leveraging – concentrating, accumulating, complementing, conserving, recovering

Unit-3
Teaching Hours:12
CORPORATE, BUSINESS AND FUNCTIONAL STRATEGIES
 

Grand Strategies: Stability, Growth (Diversification Strategies, Vertical Integration Strategies, Mergers, Acquisition & Takeover Strategies, Strategic Alliances & Collaborative Partnerships), Retrenchment – Turnaround, Divestment, Liquidation, Outsourcing Strategies.

Generic Competitive Strategies: Meaning of generic competitive strategies, Low cost, Differentiation & Focus, Offensive and Defensive Strategies. Functional Level Strategies-Production/Operations, Marketing, Financial, Human Resource, Research & Development, Information, Integrated Functional Strategies.

 

 

Unit-4
Teaching Hours:6
STRATEGIC ANALYSIS AND CHOICE
 

Evaluating Strategic Alternatives, Criteria for evaluating strategic alternatives, Portfolio Analysis: Business Portfolio Analysis - BCG Matrix, GE 9 Cell Model.

Unit-5
Teaching Hours:8
IMPLEMENTATION AND EVALUATION
 

Barriers to implementation of strategy, Mintzberg’s 5 Ps – Deliberate & Emergent Strategies, McKinsey’s 7s Framework, Promoting participation through technique of Management by Objectives (MBO), Total Quality Management (TQM). Strategy Evaluation: Operations Control and Strategic Control - Symptoms of malfunctioning of strategy, Use of Balanced Scorecard for strategy evaluation

Strategic Evaluation: Operations Control and Strategic Control - Symptoms of malfunctioning of strategy –Use of Balanced Scorecard for strategy evaluation.

Unit-6
Teaching Hours:8
ETHICS AND BUSINESS
 

Meaning, Need for Business Ethics, Ethical Theories and application of ethical theories in business, Scope of Business Ethics, Principles of Business Ethics, Moral Development, Ethical Issues in Functional areas of Business, Facts and value, Ethical subjectivism and Relativism.

Unit-7
Teaching Hours:8
CORPORATE GOVERNANCE FOR SUSTAINABLE DEVELOPMENT
 

Origin & Development, Why Corporate Governance, Parties to Corporate Governance, Principles of Corporate Governance, Mechanism to ensure good corporate governance, Theories of Corporate Governance, Separation of Ownership and control in Corporate Governance.                                                                                                                     

Text Books And Reference Books:
  1. Strategic Management by Dr. Yogeshwari L. Giri
  2. Business Policy and Strategic Management by P.Subba Rao, Himalya Publishing House
Essential Reading / Recommended Reading
  1. Crafting and Executing Strategy- The Quest for Competitive Advantage by Thompson, Strickland, Gamble & Jain, Tata McGraw-Hill, 16th Edition
  2. Concepts in Strategic Management & Business Policy by Thomas L. Wheelen & J. David Hunger, Pearson, 12th ed.,

 

Evaluation Pattern

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.

MIF481 - RESEARCH PROJECT (2020 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

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. 

Course Outcome

CO1: Provide students with an opportunity to study in-depth, a topic area of interest.

CO2: Provide students with the experience of completing a significant research paper in an intellectually independent and largely self-directed fashion.

CO3: Develop students? skills of critical inquiry and ability to write an academic paper that demonstrates an in-depth understanding of an area of research.

CO4: Share knowledge and contribute to society by proposing solutions to the research problems identified.

CO5: Build verbal and non-verbal skills by working closely with several stakeholders of research.

Unit-1
Teaching Hours:60
Research Project
 

 

·       Students assigned to a supervisor/mentor

·       Weekly discussion with the supervisor on research project topic

·       Submit the research project

      Present your final research project to a research in viva.

 

 

·       

·    

 

Text Books And Reference Books:

NA

Essential Reading / Recommended Reading

NA

Evaluation Pattern

1. Submission of Project Report carries 50 marks and

2. Presentation and Viva-Voce exam carries 50 marks.