UNIVERSITY OF DELHI

CNC-II/093/1(22)/2022-23/222
Dated: 11.10.2022
NOTIFICATION

Sub: Amendment to Ordinance V

[E.C Resolution No. 18-1/ (18-1-8) dated 18.08.2022]

Following addition be made to Appendix-II-A to the Ordinance V (2-A) of the Ordinances of

the University;

Add the following:

Syllabi of Semester-I of the following departments under Faculty of Applied Social

Sciences & Humanities based on Under Graduate Curriculum Framework -2022 to be
implemented from the Academic Year 2022-23.

FACULTY OF APPLIED SOCIAL SCIENCES AND HUMANITIES

(FASSH)

DEPARTMENT OF FINANCE & BUSINESS ECONOMICS

Bachelor in Management Studies (Honours)

Category I

DISCIPLINE SPECIFIC CORE COURSE -1 (DSC-1) – FUNDAMENTALS

OF MANAGEMENT

CREDIT DISTRIBUTION, ELIGIBILITY AND PRE-REQUISITES OF THE

COURSE

Course title & Credits Credit distribution of the Eligibility

Pre-
Code course criteria requisite of
Lecture Tutorial Practical/ the course
Practice (if any)
DSC-1 4 3 1 NIL CLASS XII NIL
FUNDAMENTALS
OF
PASS
MANAGEMENT

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Learning Objectives

The Learning Objectives of this course are as follows:

● To acquaint the students with the fundamentals of managing business
● To introduce the broad functions of management
● Enable students to identify the contemporary issues and challenges in the field of
management and ethical workplace practices.

Learning outcomes

On completion of this course students will be able to:

● Summarize the elementary concepts, principles and theories of management
● Examine the managerial functions having an impact on the organizational
effectiveness
● Identify the contemporary issues and challenges in management

SYLLABUS OF DSC-1

UNIT – I: Introduction to Management (12 hours)

Definition – nature, process and significance of management – Role of managers –
Managerial Skills and Roles - Evolution of Management Thought: Classical Management
Approaches, Behavioural Management Approaches, Quantitative Management Approach,
Modern Management Approaches - Management as a Science or Art - Management as a
profession- Administration and Management Functions of Management – Functional Areas
of Management.

UNIT - 2: Planning and Decision Making (12 hours)

Planning - Nature and Importance of Planning- Types of Plans - Levels of Planning - Steps in
planning – Making Effective Plans- Objectives and Management by Objective (MBO) –
Management by Exception (MBE) - Policy and Strategy- Forecasting and Decision Making -
Nature of decision making - Types of decisions – Decision Making Process – Rational
Perspectives and Behavioural Aspects of decision making.

UNIT- 3: Organizing, Directing and Controlling (16 hours)

Organizing, Principles of Organization - Organisational Structure and Design – Line, Staff
and functional authority. Departmentation - Span of control – Authority – Types of
Departmentalization – Contemporary Organizational Designs, Responsibility and
Accountability - Principles of Delegation - Steps - Centralization Vs Decentralization –
Factors determining the degree of Decentralization of authority. Directing – Nature of
Directing function - Principles – Importance of Effective Direction. Controlling - Concept,
Nature and Importance- Techniques of Managerial control.

UNIT- 4: Contemporary Perspectives of Indian Management Thought (20 hours)

Relevance of gurukul concepts in modern corporate world-shadowing, mentoring and
coaching; roots of Indian Wisdom-welfare-oriented economy based on moral values. Unique

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Indian Business Scenarios-population density, crowd behavior, role of the unorganized sector
in trade and commerce, cultural issues in India, infrastructure development, public private
partnerships and regulation, how taxation drives business behavior, logistics management,
saving habits of Indians. Indian Business Practices-community-based business management
(Chettias of Tamil Nadu, Marwaris of Rajasthan, Angadias of Gujrat), Indian Family
Business Management, Community level success stories-Gupta Empire, Gujrati, Marwari,
Punjabi traders.Studying Indian Business Success Stories such as dabbawallas, Amul,
Swachh Bharat, Atmanirbhar Bharat, PLI Scheme Initiaties, Indian Corporates working
abroad, success of Indians as individuals abroad- in domains such as IT, Merchant Navy,
Higher Education, Medicine. Indian perspectives on sustainability, creativity, inter-personal
skills, business ethics, environment.

Practical component (if any) - NIL

Essential/recommended readings
1. Stephen P. Robbins & Mary Coulter, Management. 13th Ed. Pearson
2. Stoner, Freeman, Gilbert Jr. (2014). Management (6th edition), New Delhi: Prentice Hall
India.
3. Koontz, H., & Weihrich, H. Essentials of Management, McGraw Hill Publishers.
4. Mahadevan, B., Bhat, V. R., Pavana, N. (2022) Introduction to Indian Knowledge System
Concepts and Applications. PHI Learning

Note: Latest edition of the readings may be used.

Note: Examination scheme and mode shall be as prescribed by the Examination

Branch, University of Delhi, from time to time.

DISCIPLINE SPECIFIC CORE COURSE – 2 (DSC-2):

STATISTICS FOR BUSINESS DECISIONS

Credit distribution, Eligibility and Prerequisites of the Course

Course Credits Credit distribution of the course Eligibility Pre-requisite

title & Lecture Tutorial Practical/ criteria of the course
Code Practice (if any)
DSC-2 4 3 1 NIL CLASS NIL
STATISTI XII WITH
CS FOR MATHE
BUSINESS MATICS
DECISIO
NS

Learning Objectives

The Learning Objectives of this course are as follows:

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 ● To familiarize the students with various Statistical Data Analysis tools that can be
used for effective decision making.
● To learn the application of the statistical concepts to various financial and managerial
situations.
● The course will enhance students’ critical thinking and problem solving that rests on
Statistical Methods and Data Analysis approaches.

Learning outcomes

On completion of the course students will be able to:

● Summarize data sets using Descriptive statistics
● Analyze the relationship between two variables of various managerial situations and
geometrically Interpret Correlation and Regression
● Develop managerial decision problems using Probability Density Functions and
Cumulative Density Functions

SYLLABUS OF DSC- 2

UNIT- 1: Data and its Descriptive Analysis (12 hours)

Quantitative and Qualitative Data, Attributes and variables, Scales
of measurement: nominal, ordinal, interval and ratio, Measures of Central Value: Mean,
Median, Mode, Measures of Dispersion: Absolute and Relative measures of dispersion –
Range, Quartile Deviation, Mean Deviation, Standard Deviation, Moments, Skewness,
Kurtosis. Visualization of Data: Histograms, Stem and Leaf Plots, Five Number Summary
and Box Plots. Introduction to Big Data: Characteristics and Stages.

UNIT- 2: Correlation and Regression Analysis (20 hours)

Correlation Analysis: Meaning and significance. Correlation and Causation, Types of
Correlation, Methods of studying Simple correlation - Scatter diagram, Karl Pearson’s
coefficient of correlation, Spearman’s Rank correlation coefficient.
Regression Analysis: Meaning and significance, Regression vs. Correlation, Simple
Regression model: Linear Regression, Assumptions for simple linear regression model,
Violations of the assumptions of the model, R-square and MSE in Regression, Geometric
Interpretation of Regression.

UNIT- 3: Random Variable Analysis (16 hours)

Probability: Meaning and need, Conditional probability, Bayes’ theorem, Random Variable-
discrete and continuous. Probability Distribution: Meaning, characteristics (Expectation and
variance) of Binomial, Poisson, Exponential and Normal distribution, z-score, Chebyshev and
empirical rule, Central limit theorem.

UNIT-4: Introduction to Estimation and Hypothesis Testing (12 hours)

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Estimation: Point and Interval estimation of population mean, Confidence intervals for the
parameters of a normal distribution (one sample only), Hypothesis Testing: Level of
Significance; Type I and Type II error, Test of hypothesis concerning Mean: z-test & t-test.
Practical component (if any) - NIL

Essential/recommended readings
1. Gupta, S.P., Statistical Methods, Sultan Chand & Sons
2. Levine, D., Stephan, D., & Szabat, K., Statistics for Managers using MS Excel, Pearson
India
3. Keller, G., Statistics for Management and Economics, Cengage Learning, New Delhi
4. Stine, R. and Foster, D., Statistics for Business (Decision making and Analysis). Pearson
India
5. Evans, J., Business Analytics, Pearson India

Note: Latest edition of the readings may be used.

Note: Examination scheme and mode shall be as prescribed by the Examination

Branch, University of Delhi, from time to time.

DISCIPLINE SPECIFIC CORE COURSE– 3 (DSC-3) FINANCIAL

ACCOUNTING AND ANALYSIS

Credit distribution, Eligibility and Pre-requisites of the Course

Course Credits Credit distribution of the course Eligibility Pre-requisite

title & Lecture Tutorial Practical/ criteria of the course
Code Practice (if any)
DSC-3 4 3 1 NIL CLASS NIL
FINANCI XII PASS
AL
ACCOUN
TING
AND
ANALYSI
S

Learning Objectives
The Learning Objectives of this course are as follows:
● To familiarize students with the mechanics of preparation of Financial Statements
● To enable understanding of Corporate Financial Statements in the light of IFRS or
Indian Accounting Standards, their analysis and interpretation
● Equip students with understanding of beyond Balance Sheet indicators to project
corporate performance; prediction of financial crisis of a business enterprise.

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Learning outcomes
On completion of this course students will be able to
● Understand the process of recording and classifying business transactions and events
● Creating and understanding Financial Statements of Sole Proprietor, viz., Profit &
Loss Account, Balance Sheet; Understand the financial statements of company as per
IFRS/Ind-AS
● Analyse the Financial Statements from the perspective of different stakeholders using
Ratio analysis, Cash flow analysis, Net working capital analysis , Trend analysis and
learning to use beyond balance sheet indicators for analysing corporate performance
● Understanding of financial distress or bankruptcy prediction, introduction to earnings
management

SYLLABUS OF DSC-3

UNIT-1:Introduction to Financial Accounting. Basic Concepts and Conventions

(16 hours)
Business Entity, Dual Aspect, Going Concern, Accounting Period, Money Measurement,
Accrual, Disclosure, Materiality, Consistency, and Conservatism. The Accounting Equation.
Understanding Assets, Liabilities, Revenues, and Expenses. Understanding Capital
Expenditure, Revenue Expenditure, Deferred Revenue Expenditure, Capital Receipts, and
Revenue Receipts. Nature of Accounts and Rules of Debit and Credit. Recording transactions
in General Journal. Preparation of Ledger Accounts. Opening and Closing Entries.
Preparation of Trial Balance.

UNIT- 2: Preparation of Financial Statements (16 hours)

Preparing Trading Account, Profit & Loss Account and Balance Sheet for a Sole Proprietor.
Format for preparing financial statements for IND-AS companies as per Division II, Schedule
III, Companies Act, 2013. Understanding of Financial Statements of a Joint Stock Company
as per new accounting standards: IND-AS (Balance sheet, Profit & Loss, Statement of
Comprehensive Income, Cash Flow Statement); Understanding the contents of a Corporate
Annual Report (Actual latest annual reports to be used).

UNIT-3: Global Accounting Standards/IFRS (12 hours)

Meaning & need for globalisation of accounting standards, Adoption versus Convergence,
need for convergence of Indian GAAP with IFRS; Benefits of achieving Convergence with
IFRS to different stakeholders in India. Salient features of Ind-AS/IFRS (Fair Value
Accounting, Substance versus form, Time value of money). Introduction to Indian
Accounting Standards (Ind-AS); Understanding IND-AS 1: Presentation of Financial
Statements, IND-AS 7: Cash Flow Statement, IND-AS 109: Financial Instruments.

UNIT- 4: Analysing Financial Statements (16 hours)

Objectives of Financial Statement Analysis; Sources of information; Standards of
Comparison; Techniques of Financial Statement Analysis (Through a case study of real
company) - Ratio analysis, Cash flow analysis, Net working capital analysis, Trend analysis.

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Use of ratios to predict financial crisis of a company by using Altman Z –score. Use of
Beyond the Balance Sheet indicators of analysing financial position of a company.
Introduction to Earnings Management.

Practical component (if any) - NIL

Essential/recommended readings
1. Narayanaswamy R. Financial Accounting: A Managerial Perspective. PHI Learning
Private Limited, Delhi.
2. Robert N. Anthony, David F. Hawkins, Kenneth A. Merchant. Accounting- Text and
Cases. McGraw Hill Education (India) Private Limited, New Delhi.
3. Garg CA Kamal, and Sehrawat Neeraj Kumar. Beginner`s Guide to Ind-AS & IFRS.
Bharat Law House Pvt. Ltd., New Delhi.
4. Maheshwari S.N., Maheshwari Suneel K., and Maheshwari Sharad K. An Introduction to
Accountancy. Vikas Publishing House Private Limited, Noida.
5. Bhattacharyya Asish K. Corporate Financial Reporting and Analysis. PHI Learning
Private Limited, Delhi.

Suggestive readings
1. Lal Jawahar. Corporate Financial Reporting: Theory, Practice & Cases. Taxmann
Publications Private Limited.
2. Patricia M. Dechow, Richard G. Sloan and Amy P. Sweeney: Detecting Earning
Management, the Accounting Review. 70, No. 2 (Apr., 1995), pp. 193-225.

Note: Latest edition of the readings may be used

Note: Examination scheme and mode shall be as prescribed by the Examination

Branch, University of Delhi, from time to time.

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