INTERNATIONAL INSTITUTE OF
PROFESSIONAL STUDIES
DAVV, INDORE
Syllabus
MBA (MS) 5 Years Integrated Course
Istto VIthSemester
Batch 2018 -2023
Semester – II
CODE Subjects
IM-203 Cost Accounting
IM-204A Business Mathematics-II
IM-210B Programming Using C++
IM-214 Business Law
IM-216A Business Statistics-I
IM-219 Business Communication
IM-203COST ACCOUNTING
Course Objective:
To demonstrate an understanding of cost accounting fundamentals and be able to apply them to
various business decision context.
Course Content-
1. Fundamentals: Cost Accounting- Meaning, Objective, Advantage and importance,
Concepts and Classification of cost, Cost accounting, as compared with Financial
and Management Accounting.
2. Elements of Cost-Materials: Meaning and Classification, Labor: Meaning and
Classification, Overheads: Meaning and Classification
3. Unit or Output Costing—Costing Procedure, Items excluded from cost, Preparation
of Cost Sheet, Numerical Problems: Estimated cost sheets, Quotation and tenders
etc.
4. Contract costing – Features of contract costing, Contract costing procedure, Special
points in contract costing. Numerical problems: Incomplete Contracts.
Job & Batch Costing- Difference between contract and Job costing, Job costing
procedure, Batch costing procedure, Economic batch quality
5. Process Costing-- Essential characteristics of process costing, Process costing
Procedure, Process losses & Wastages, Process gains & Effectiveness.Numerical
problems: Partial sale of production, Inter-process profits, etc.Various methods of
absorption of joint costs. Numerical Problems.
6. Misc. costing methods—Uniform costing, Operating costing,
7. Miscellaneous—Cost reduction &Cost control, Cost audit, Recent trends in cost
accounting.
Books—
Cost accounting- Principles & Practice by M.N. Arora, Vikas Publishing House Pvt. Ltd.
Practical Costing by Khanna, Pandey, Ahuja &Batra,S.Chand Limited.
Practical Costing by P.C.Tulsian, Sangam Books Limited.
IM-204A Business Mathematics-II
Course objective
This course aims at developing the analytical techniques using mathematics. The objective is to
acquaint the students with basic mathematical tools used in management.
Course Content
1. Progressions: Arithematic Progression, Geometric Progression, Harmonic Progression and
their business applications.
2. Introduction to mathematical modeling: Need and classifications of different types of
model (Through Differential equation of first order and second order, through integral and
partial differential equation, through calculus, through algebra, through graphs, through
mathematical and dynamic programming taking example of atleast one model of each type)
3. Integration- I: Introduction to Integration, Properties of Integration, Methods of integration
and substitution, Integration by parts. Business Applications.
4. Integration – II: Integration of rational functions, Substitution by partial fraction,
Logarithmic, exponential, trigonometric integrals, Definite integral. Business Applications
(Consumers and Producers surplus.)
5. Diff.Equation-I: Linear and Homogenous equation of first order and first degree, Linear
equation of second order and first degree, business applications.
6. Diff.Equation-II: Linear difference equation of first/second order with second/third degree
and its business applications.
7. Differential Equation-I: Partial differential equation of first order, second order and nth
order and its business applications.
Book
Mathematical Modelling by JNKapur, New Age Publication.
Mathematics for Economists by Mehta- Madnani, S.Chand Publication.
Mathematics Volume II by RD Sharma, Dhanapath Rai Publication.
IM – 210BPROGRAMMING USING C++
Course Objective
The objective of this course is to help students to understand the concepts of Object Oriented
Programming using C++ and their use in organization and processing complex business information.
Course Content
1. Programming fundamentals: -Introduction to C. Variables. Types. Constants. Declarations.
Expressions. Assignments. Operators. Statements. Iterative Instructions.
2. Object Oriented Programming -Introduction to OOP - Meaning of Object - Meaning of
Class – LOOP, characteristics: Creation of new Data Types, Giving importance to Class,
Inheritance, Encapsulation, Abstraction, Polymorphism, Operator Overloading, Function
Overloading, Function Defining, Software Reusability.
3. C Versus C++ -Programming with C++: General forms of a C++ programme, I/O with cout
and cin, different operators, scope resolution operator, Data types, For while, do-while, if-else,
switch and conditional statements, Unary Operators - Increment Operator (++), Prefix
Notation, Postfix, Notation, Decrement Operator ( -- ). Conditional Constructs - Switch .Case,
Construct, Break Statement, Default Keyword, Conditional Operator, Examples on
Programming Constructs.
4. Arrays -Introduction to Arrays - Declaration of Arrays - Different Types of Arrays : - One
Dimensional Array, Two Dimensional Array. Array Examples on Variables – Array Examples
on Constants.
5. Class program: - Classes and objects: structure and classes, unions and classes, constructors
and destructors, Automatic, external and static data members and member function.
6. Important feature of C++ -Recursion : Definition of recursion leading to recursive
programmes. Some computing best described recursively.
Functions : Function definition. Statement return. Exit statement. Functions of type void.
Declaration and definition. Internal and external variables. Scope. Blocks. Constructor,
inheritance, polymorphic.
7. Pointers and structures : -Address of a variable. Declaring pointers. Operations with
pointers. Pointers as function arguments. Address of an array. Address of a string. Pointers to
functions. Dynamic memory allocation. Unions.
BOOKS
Robert Lafore, “Object Oriented Programming in Turbo C++”, Galgotia Pub. Pvt. Ltd., New
Delhi, 2000
Herbert Schildt, “C++ : The complete reference”, Tata McGraw Hill Publishing Company Ltd.,
New Delhi, 1999
D. Ravichandran, “Programming with C++”, Tata McGraw Hill Pub. Co. Ltd., New Delhi, 2000
E. Balagurusamy, “Object Oriented Programming with C++”, Tata McGraw Hill Pub. Co. Ltd.,
New Delhi, 2000
BajarneStrustrup, “The C++ Programming Language”, Addison-Wesley, New York, 1995
Scott Meyers, “Effective C++”, Addison-Wesley, New York, 1999
Walter Savitech, “Problem Solving with C++”, Addison-Wesley, New York, 1996
IM-214 BUSINESS LAW
Course objective:
The course is based on important provisions of various laws related to business. The aim of the
course is to gain an insight into the Indian Legal process and legal provisions specifically with
reference to business and corporate functioning.
Course Contents:
1. The Indian Contract Act, 1872 -General principles of contract, classification of contract and
key terms, Essential elements of a valid contract viz., offer & acceptance competence of
contracting parties, free consent, consideration, legality of object and consideration, void
agreements, Performance of contracts, discharge of contract, and breach of contract remedies for
breach of contract, Specific contracts viz, contingent contracts, quasi-contracts, contracts of
indemnity and guarantee, contract of bailment, contract of agency.
2. The Sale of Goods Act, 1930 -Contract of sale, essentials of contract of sale, conditions and
warranties, Right of unpaid seller.
3. The Indian Partnership Act 1932 -General Principles- Meaning of partnership, essential
features of partnership, types of partners, Formation of Partnership-Partnership deed, registration
of partnership firms, position of a minor partner, duration partnership firm, rights of outgoing
partner. Rights and Liabilities of Partners- Relations of partner with each other, rights of partner,
duties of partners, relation of partner with third parties.
4. The Companies Act, 2013 -Company- Meaning and definition, characteristics of joint stock
companies, types of companies difference between private and public limited companies.
Promotion and incorporation of companies-Promotion, Incorporation of companies, promoters:
meaning and importance, process of incorporation: preparation contents and importance of
various documents to be filed, Memorandum of Association, Articles of Association, certificate of
commencement of business. Memorandum of Association and Articles of Association-
Contents and alteration. Capital of the company- Share and its types, Debentures and its types,
difference between shares and debentures, share certificate, share warrant and stock. Prospects-
Meaning and definition, contents and registration of prospectus, issue and allotment of shares.
Management of Companies- Board of Directors: Appointment, Qualifications and
disqualification, powers, duties and position of directors, removals of directors. General
Principles of Meetings- Statutory Meeting, Annual General Meetings, Extra-ordinary General
Meetings, Board Meetings.Winding-up of Companies- Meaning and types of winding-up,
provisions relating to winding-up.
5. The Negotiable Instruments Act, 1881 -General Principles- Meaning of negotiable instrument,
types of negotiable instruments, ambiguous instruments, maturity of negotiable instrument,
payments of negotiable instruments, dishonor of negotiable instruments, provisions of sections
138 to 145.
6. Foreign Exchange Management Act, 1999 -General Principles- Meaning & definition of
various important provisions Regulation & Management of Foreign Exchange- Current account
transaction, capital account transaction. Provisions related to authorized person, Reserve Bank’s
power to issue directions to authorized person.
7. The Consumer Protection Act, 1986 &An overview of Misc. Laws Related To Business -
General Principles- Meaning & definition of various important terms. Rights of Consumers
Nature & scope of remedies available to consumers. The I.T. Act,2000, SEBI Act ,1992, , The
competition Act,2002,The LLP Act,2008,Intellectual Property Related Laws, Environment
Related Laws.
Books:
Mercantile Law by S.S. Gulshan
Elements of Mercantile Law by N.D. Kapoo
Business Legislation for Management by M.C. Kuchhal
Business Law by S.K. Agrawal
Legal Aspects of Business by Akhileshwar Pathak
IM—216A Business Statistics-I
Course Objective:
The objectives of the course are to equip the students with the statistical techniques and their
application to business problems. The emphasis will be on the concepts and application rather than
derivations.
Course Content:
1. Introduction: Definition/Meaning and Scope of Statistics, Functions and Applications of
Statistics, Role of Statistics in decision making process, Limitation of Statistics. Basics of
Population (Parameter) and Sample (Statistic).
2. Classification, Tabulation and Frequency Distribution: Introduction, Role and Functions
of Classification, Rule for Classification, Tabulation: Meaning and Importance, Types of
Tabulation, Frequency and Cumulative distribution, Graphical Analysis of all types of charts.
3. Central Tendency: Introduction, Measures of Central Tendies (Mean, Median, Mode, GM,
HM) and their data analysis, Concept of Partition Values (Quartiles, Decile and Percentile and
N-tiles).
4. Measures of dispersion: Meaning, Scopes and Application of Quatile deviation, Mean
deviation, Standard Deviation, Variance, Coefficient of Variation, Standard Error and
Probable Error.
5. Skewness, Moments and Kurtosis: Introduction, Measures of Skewness, Moments and
Kurtosis (alpha, beta and gamma coefficients).
6. Correlation: Meaning and Scope of Correlation, Types of Correlation, Measures of
Correlation (Karl Pearson, Spearman’s Rank Correlation and Method of Concurrent
Deviation) and concept of coefficient of Determination.
7. Probability and Distribution: Random Variable, Types of Probability Distribution (discrete
and Continuous- Binomial, Poisson and Normal Distribution) and their applications in
business.
Books
Business Statistics: SC Gupta
Business Statistics: JK Sharma
Statistics for management: Richard I. Levin, David S Rubin
IM 219 BUSINESS COMMUNICATION
Course Objectives
To explain the dynamics of communication to students and help students to become effective
business communicators.
Course Contents
1. Communication: meaning, nature, definitions, features, processes, models, functions.
2. Objectives of Effective Communication: information, order, advice, suggestions,
motivation, persuasion, warning, education, raising morale, conflicts and negotiation, group
decision making
3. Dimensions of Communication: Upward, Downward, Lateral/Horizontal, Diagonal,
grapevine, Consensus.
4. Channels of Communication (Formal and Informal); Patterns of Communication; Media of
Communication (Verbal and Nonverbal); Barriers to Effective Communication; Listening
5. Interpersonal Communication: Transactional Analysis, Johari Window
6. Business Correspondence: Layout, planning, inquiries and replies, complaints, follow up,
circulars, notices, goodwill letters, applications for employment
7. Case Studies
Books
Business Communication: K.K. Sinha
Business Communication: M. V. Rodrigues
The Art of Effective Communication: Margerison
Effective Communciation: Asha Kaul
Managing Time: David Fontana
Managing Stress: David Fontana
