Guidelines for NEP Syllabus w.e.f.

2021-22
For the Paper Titled
"Financial Management " of B. Com. (Hons.)
Paper No. 3.2, Semester-III
JOINTLY ORGANISED BY
Department of Commerce, Delhi School of Economics, University of Delhi
And
College of Vocational Studies, University of Delhi
Date: 6th October, 2023
MINUTES
An online meeting to prepare the guidelines of paper titled “Financial Management” of B.Com. .(Hons.)
Paper No. 3.2, Sem. III (NEP Syllabus] was held on 6th October 2023 at 5:00 PM. It was jointly
organised by Department of Commerce, Delhi School of Economics, University of Delhi and College of
Vocational Studies, University of Delhi. The meeting was convened by Dr. Surender Singh, Professor,
Department of Commerce, College of Vocational Studies and represented by Dr. Rohit Shrivastav from
the Department of Commerce, Delhi School of Economics, University of Delhi. The following members
were present in the online meeting:

S.No. Name of the faculty Department/ Affiliated College Name

PROF. (DR.) SURENDER SINGH
1 COLLEGE OF VOCATIONAL STUDIES
(CONVENOR)
2 DR. ROHIT KUMAR. SRIVASTAV DEPARTMENT OF COMMERCE, DELHI SCHOOL OF
(REPRESENTATIVE) ECONOMICS
3 MR. GOPAL PRASAD SHARMA ACHARYA NARENDRA DEV COLLEGE.
4 PROF RAJEEV KAUR ADITI MAHAVIDYALAYA
5 DR. RUCHIKA KAURA ATMA RAM SANATAN DHARMA COLLEGE
6 MR. AMIT KUMAR BHAGINI NIVEDITA COLLEGE
7 PROF. RAJNI BHARATI COLLEGE
8 DR. MEENAKSHI AGRAWAL COLLEGE OF VOCATIONAL STUDIES
9 ARUSHI MALHOTRA DESHBANDHU COLLEGE
10 MS. DEEPIKA MISHRA COLLEGE OF VOCATIONAL STUDIES
11 DR. GIRA SINGH DAULAT RAM COLLEGE
12 DR. SHIVANI BANSAL DAULAT RAM COLLEGE
13 MS. RICHA KAUR DAULAT RAM COLLEGE
14 MS. DIVYA KHATTER DAYAL SINGH COLLEGE
15 DR. DIYA SHARMA DAYAL SINGH COLLEGE
15 MS. MEENU DYAL SINGH COLLEGE
16 DR. RASHI THAREJA DYAL SINGH EVENING COLLEGE
17 DR. SUNIL KUMAR, DEEN DAYAL UPADHYAYA COLLEGE
18 MR. DEEPAK VERMA DESHBANDHU COLLEGE
19 MR. SATYAVIR DESHBANDHU COLLEGE
20 PROF. DEEPALI JAIN DR BHIM RAO AMBEDKAR COLLEGE
21 MS. MEENU DYAL SINGH COLLEGE
22 DR. RASHI THAREJA DYAL SINGH EVENING COLLEGE
23 DR. AMIT ROHILLA GARGI COLLEGE
24 MS. SHIVALI VEEN GARGI COLLEGE
25 DR. RITIKA GROVER HANSRAJ COLLEGE

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26 MR. ASHUTOSH YADAV HANSRAJ COLLEGE
27 DR. ANNU AGGARWAL HINDU COLLEGE
28 DR. RINKU MANOCHA HINDU COLLEGE
29 MS. NEHA ROHRA INDRAPRASTHA COLLEGE FOR WOMEN
30 DR ANITA AGRAWAL IP COLLEGE FOR WOMEN
31 MR. VARUN KUMAR RAI JANKI DEVI MEMORIAL COLLEGE
32 MS. BHAWNA PAL JANKI DEVI MEMORIAL COLLEGE
33 PROF. MADHU GUPTA JANKI DEVI MEMORIAL COLLEGE
34 DR. SHRUTI GUPTA JANKI DEVI MEMORIAL COLLEGE
35 MS. MONICA CHHABRA JESUS AND MARY COLLEGE
36 MS. SIMONA DUTTA JESUS AND MARY COLLEGE
37 MS. GURMEET BAKSHI JESUS AND MARY COLLEGE
38 MS. SHIVANI KALRA KAMALA NEHRU COLLEGE
39 PROF SUNITA GUPTA KAMALA NEHRU COLLEGE
40 MS. NIDHI AGGARWAL KESHAV MAHAVIDYALAYA
41 MS. SARITA DEVI LADY SHRI RAM COLLEGE FOR WOMEN
42 DR.T.K. JANAKI LAKSHMIBAI COLLEGE
43 MS. SARIKA BHATNAGAR LAKSHMIBAI COLLEGE
44 DR. SUCHETA GAUBA, LAKSHMIBAI COLLEGE
45 DR. SOMA GARG MAHARAJA AGRASEN COLLEGE
46 DR. ARUN JULKA MAHARANA AGRASEN COLLEGE
47 DR. PUNEETA AGARWAL MAHARANA AGRASEN COLLEGE
48 DR. SONAL BABBAR MAITREYI COLLEGE
49 DR. VIDISHA GARG MAITREYI COLLEGE
50 MS. KRITIKA KHURANA MAITREYI COLLEGE
51 MS. KARISHMA ARORA MAITREYI COLLEGE
52 MS. MANPREET KAUR MATA SUNDRI COLLEGE FOR WOMEN
53 DR. MONIKA GUPTA MOTILAL NEHRU COLLEGE
54 MS. SHALU MOTILAL NEHRU COLLEGE
55 DR. PRAGATI MEHRA, MOTILAL NEHRU COLLEGE
56 DR. MONIKA GUPTA MOTILAL NEHRU COLLEGE
57 DR ANURADHA GUPTA PGDAV COLLEGE
58 PROF. MANOJ KUMAR SINHA PGDAV COLLEGE
59 MS. KAVITA SINGLA PGDAV COLLEGE
60 DR ABHISHEK KUMAR SINGH PGDAV COLLEGE EVENING
61 DR. NITISH BAGDI PGDAV COLLEGE EVENING
62 RIMMI JAIN PGDAV COLLEGE EVENING
63 DR. OM PARKASH RAMJAS COLLEGE
64 MR. RAJEEV VASHISHT RAM LAL ANAND COLLEGE
65 MS. AKANSHA SATYAWATI COLLEGE
66 MS. BHAMINI GARG SATYAWATI COLLEGE
67 MR MOHD. ALI SATYAWATI COLLEGE
68 DR. RAVI KANT SHAHEED BHAGAT SINGH COLLEGE
69 MS. PARUL SAINI SHAHEED BHAGAT SINGH COLLEGE
70 MS. SHIVANGI DHAWAN SHAHEED BHAGAT SINGH COLLEGE

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71 DR. GUNJAN SINGH SHAHEED BHAGAT SINGH COLLEGE
72 MR. JAY SINGH SHAHEED BHAGAT SINGH COLLEGE (EVE)
73 SHILPY MALHOTRA SHAHEED BHAGAT SINGH COLLEGE (EVE)
74 MS. SATVINDER KAUR SHRI GURU TEGH BAHADUR KHALSA COLLEGE
75 DR. RACHAN SAREEN SHRI GURU TEGH BAHADUR KHALSA COLLEGE
76 MS. GURVINDER KAUR SHRI GURU TEGH BAHADUR KHALSA COLLEGE
77 DR HARSHDEEP KAUR SHRI GURU TEGH BAHADUR KHALSA COLLEGE
78 DR KAMALDEEP KAUR SHRI GURU TEGH BAHADUR KHALSA COLLEGE
79 DR. JASDEEP KAUR SHRI GURU TEGH BAHADUR KHALSA COLLEGE
80 DR. ANUJ JATAV SHRI RAM COLLEGE OF COMMERCE
81 DR. SHIVANGI KAUSHIK SHRI RAM COLLEGE OF COMMERCE
82 MR. BAL KISHAN SHRI RAM COLLEGE OF COMMERCE
83 DR NEHA BOTHRA SHYAM LAL COLLEGE
84 DR. HIMANSHI KALRA SHYAM LAL COLLEGE
85 DR. MAST RAM SHYAM LAL COLLEGE
86 MS. RADHA BHOLA SHYAM LAL COLLEGE
87 DR. RENU AGGARWAL SHYAMA PRASAD MUKHERJI COLLEGE FOR WOMEN
88 DR. SWATI GARG SHYAMA PRASAD MUKHERJI COLLEGE FOR WOMEN
89 MS. ALPANA SHYAMA PRASAD MUKHERJI COLLEGE FOR WOMEN
90 DR. MEENAKSHI GUPTA SRI AUROBINDO COLLEGE
91 DR. JYOTI GUPTA SRI AUROBINDO COLLEGE
92 MR. YOGESH GARG SRI AUROBINDO COLLEGE
93 MS. DEEPIKA VERMA SRI AUROBINDO COLLEGE (EVE)
94 PROF. SUMATI VARMA SRI AUROBINDO COLLEGE (EVE)
95 DR. SHEVATA SEHGAL MARWAH SRI AUROBINDO COLLEGE (EVE)
96 MS. EKTA SINGH SRI AUROBINDO COLLEGE (EVE)
97 MRS. BHUPINDER KAUR ANEJA SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
98 MS. HARVINDER KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
99 MS. HERSHEEN KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
100 MS. KOMAL RANI SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
101 MS. RASLEEN KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE
102 DR KOMAL VASHISHT SRI GURU NANAK DEV KHALSA COLLEGE
103 DR KOMAL VASHISHT SRI GURU NANAK DEV KHALSA COLLEGE
104 MS. DAMANPREET KAUR SRI GURU NANAK DEV KHALSA COLLEGE
105 DR. VINOD KUMAR SRI VENKATESWARA COLLEGE
106 MS. ANTIMA SHARMA SRI VENKATESWARA COLLEGE
107 DE. MAMATA ARORA SRI VENKATESWARA COLLEGE
108 MS. GAYATRI MEENA SWAMI SHRADDHANAND COLLEGE
109 MS. SAKSHI AGRAWAL SWAMI SHRADDHANAND COLLEGE
110 DR. LAXMAN RAM PALIWAL SWAMI SHRADDHANAND COLLEGE
111 RIYAZ ALI SWAMI SHRADDHANAND COLLEGE
112 MS. RADHIKA SRINIVASAN VIVEKANANDA COLLEGE
113 DR. SHOEBA ZAKIR HUSAIN DELHI COLLEGE
114 PROF. MUKESH KUMAR. JAIN ZAKIR HUSAIN DELHI COLLEGE

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The meeting started with a welcome note by Prof. Surender Singh. He welcomed Dr. Rohit Kumar
Shrivastav and all the participants from different colleges of the University in the meeting. Dr.Surender
Singh formally took the agenda of the meeting. The following guidelines were set in the online meeting
with the consent of all the faculty members and the representative of Department of Commerce, Delhi
School of Economics, University of Delhi:

Teaching Related General Guidelines

Total Number of theory lectures and practical assigned as per NEP Syllabus for the paper are 3 lectures
and 1 practical per week (over 15 week period in III semester). One practical period will consist of 2
hours per batch per week.

Unit-wise breakup of 45 Lectures as given in syllabus and marks allocation were decided as follows

Unit Lectures Marks

Allocation
Unit 1: Introduction (3 hours) 3 09
Nature, scope and objectives of financial management. An overview of
time value of money and risk and return.
12 18
Unit 2: Capital Budgeting Decision (12 hours)
The Capital Budgeting Process, Cash Flow Estimation, Different
techniques of Capital Budgeting: Payback Period Method, Discounted
Payback Period Method, Accounting Rate of Return, Net Present Value
(NPV), Internal Rate of Return (IRR) and Profitability Index.
15 27
Unit 3: Cost of Capital and Financing Decision (15 hours)
Cost of Capital: Estimation of components of cost of capital, Method
for calculating Cost of Equity, Cost of Retained Earnings, Cost of Debt
and Cost of Preference Capital, Weighted Average Cost of Capital
(WACC) and Incremental (Marginal) Cost of Capital.
Capital Structure: Theories of Capital Structure (Net Income, Net
Operating Income, MM Hypothesis, Traditional Approach). Operating,
Financial and Combined Leverage. EBIT-EPS Analysis. Determinants
of Capital Structure.
6 18
Unit 4: Dividend Decision (6 hours)
Theories for relevance and irrelevance of dividend decision for corporate
valuation- MM Approach, Walter’s Model, Gordon’s Model.
Determinants of Dividend policy.

9 18
Unit 5: Working Capital Decision (9 hours)
Concepts of Working Capital, Operating & Cash Cycles, Risk-return
Trade off, Working capital estimation. Receivables management.
Total 45 90

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Unit wise detailed guidelines were finalized as follow.

Unit 1: Introduction: The unit contains all theoretical topics including risk and return and numerical
problems from Time Value of Money only.

Unit 2: Capital Budgeting Decision: Theoretical questions may be asked along with numerical questions
on different techniques of capital budgeting. (No numerical questions based on block of assets concept
and capital rationing)

Unit 3: Cost of Capital and Financing Decision: Theoretical questions from the entire unit along with
numerical questions on calculation specific cost of capital, (excluding variable dividend growth model,
CAPM and realized yield approach in cost of equity), Weighted Average Cost of Capital (WACC).
Similarly, practical questions will also be asked on theories of Capital Structure (Net Income, Net
Operating Income, MM Hypothesis, Traditional Approach), Operating, Financial and Combined
Leverages. EBIT-EPS Analysis including Financial Break-Even Point and indifference point.
Unit 4: Dividend Decision: Theoretical questions from the entire unit along with practical questions on
MM Approach, Walter’s Model, Gordon’s Model.

Unit 5: Working Capital Decision: Theoretical questions from the entire unit along with practical
questions on determination of Operating & Cash Cycles, Working capital estimation and credit policies.

Examination: Examination scheme will be as decided by the University from time to time.

Theory Examination: At present, theory examination will consist of 90 marks for semester end
examination plus 30 marks for Internal Assessment.

Practical Examination: The practical examination as per present guidelines will consists of 10 marks for
Continuous Assessment, 20 marks for Practical Examination and 10 marks for Viva-Voce.

Topics for Practical Examination: In practical examinations students will be asked to solve practical
problems on estimations of cash flows, methods of Capital budgeting, cost of capital, dividend decisions
and working capital estimation with the help of Excel Applications. (Students will be required to do 4 out
of 6 practical questions)

All the faculty members participated actively in the deliberation and appreciated the initiative of Prof.
Ajay Kumar Singh, HOD and Prof. Amit Kumar Sigh, Coordinator, College-Department Interface,
Department of Commerce, University of Delhi for arranging this meeting and helping in finalization of
guidelines of the paper

The meeting ended with a vote of thanks to the Dr. Rohit Kumar Shrivastav, representative of the
Department of Commerce and to Prof.(Dr.) Surender Singh, Convenor of the meeting

Dr. Surender Singh Dr. Rohit Kumar Shrivastav

(Convenor) (Representative)
Professor, Department of Commerce Department of Commerce
College of Vocational Studies Faculty of Commerce and Business
Delhi School of Economics
University of Delhi

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