Introduction to Business– Concepts, characteristics,
objectives. Classification of business as industry and commerce. Distinctive
features of business - Business, profession and employment. Choice of Form
of Organization .Large Scale and Small Scale Business-.Assistance by
Government to Small Scale Sector.
Form of Business Organization – Sole Proprietors, Joint
Hindu Family, Partnership, Joint Stock Company and its formation,
Business ownership– Private, public and Joint sector.
Public Enterprises, roledynamics of Public Sector, Global Enterprises
(Multinational Companies), Joint Ventures.
Business Services – banking, insurance, transportation,
warehousing, communication, Impact of Technology on Business Services.
Trade: Internal Trade Retail and Wholesale trade,
Emerging modes of business franchisee, E-business and Outsourcing.
International Business–Export-Import Procedure and documentation, EPZ/SEZ .
International Trade Institutions and Agreements – WTO, UNCTAD, World-Bank,
Business Finance: Sources – owners and borrowed fund,
Sources of raising finance, Equity and preference Shares, GDR,ADR,
Debentures, Bonds – Retained Profit, Public Deposits, Loan from Financial
Institutions and commercial banks, Credit-rating and rating agencies, Trade
Social Responsibility of Business, Business Ethics,
Management – concept, objectives, nature of management as
Science, Art and Profession, levels, Principles of Management general and
Business Environment – meaning, importance, dimensions,
changing business environment–special reference to liberalization,
privatization and globalization, Business - a Futuristic vision.
Management Function – Planning, organizing, staffing,
directing, controlling and coordination
Business Finance: Financial Management – meaning, scope,
role and objectives, financial planning, Capital structure, leverage, Fixed
and working capital – meaning and factors affecting its requirements
Financial Market – Money Market-nature, instruments,
Capital Market- Primary and secondary, Stock exchange, NSEI, OTCEI,
Human Resource Management– meaning , importance,
man-power estimation , Recruitment and selection, Training and development ,
Compensation, Performance Evaluation
Marketing – meaning, functions and role, Levels of
Marketing , Changing facets of marketing , Product-mix, Models of Marketing.
Organizational Behaviors : Individual behaviors ,
Motivation–concepts and applications, Personality perception, Learning and
attitude, Leadership and its approaches, Communication , Group dynamics.
Emerging Trends in Management – Business Process
Reengineering, Total Quality Management, Quality Circles, Benchmarking,
Strategic Management, Knowledge Management, Business Standardization and
Consumer Protection – Meaning, importance, consumers’
rights, Consumers’ responsibilities, Consumer awareness and Legal redressal
with special reference to consumer Protection Act, Role of consumer
organization and NGOs.
Accounting: Meaning, objectives, qualitative
characteristics of Accounting information, Accounting Principles, Accounting
concepts, Accounting standards, Cash and Accrual Basis of Accounting.
Process of Accounting :Voucher, transaction ,Accounting
Equation, Rules of Debit and Credit, Book of original entry-Journal and
Special Purpose Books, Ledger ,posting from Journal and subsidiary books,
Balancing of Accounts, Trial Balance and Rectification of Errors .Bank
Accounting for depreciation ,Provisions and Reserves
,Bills of Exchange, Non-Profit Organization , Partnership Firms -
Reconstitution of Partnership (Admission ,Retirement ,Death and
Dissolution),Account of Incomplete Records, Consignment and Joint ventures.
Accounting of Joint stock Companies: Share capital types
of shares, accounting for issue, allotment forfeiture and re-issue of
shares. Debentures –types, issue and method of redemption . Final Accounts
of Sole proprietor and Joint Stock Companies. Emerging trends of
presentation of Final Accounts.
Accounting for liquidation.
Financial Statement Analysis: Meaning, significance,
limitation .Tools for Financial Statement Analysis-comparative statements,
common size statements, Trend analysis, accounting ratios.
Fund Flow Statement and Cash Flow Statement: Meaning,
objectives, preparation as per revised standard issued by ICAI.
Cost Accounting- Nature, functions . Job costing, Process
costing, Marginal costing, Cost-volume-profit relationship. Cost control and
cost reduction techniques
Computers In Accounting: Introduction to Computers and
Accounting Information System, Application of Computers in Accounting,
Automation of Accounting process, designing accounting reports, MIS
reporting, data exchange with other information system. Ready made ,
customized and tailor made Accounting Systems.
Accounting And Database Management System –meaning,
concept of entity and relationship in an accounting system, Data Base
Management System(DBMS) in accounting.
Inflation accounting and Accounting for Human Resource of
an Organization and Social Responsibility.