University of Delhi

Scheme of Examination

and

Courses of Reading

For

B.Com. Course

Part I Examination 2007 and onwards

Part II Examination 2008 and onwards

Part III Examination 2009 and onwards

Syllabus applicable for students seeking admission

to B.Com. in the Academic Year 2006-2007 and onwards

Professor Jawahar Lal

Head, Department of Commerce

Dean, Faculty of Commerce & Business

Delhi School of Economics

University of Delhi

Delhi-110007

(Syllabus as approved in Academic Council meeting dated 07.06.2006 and Executive Council meeting dated 23.06.06)

July 2006

Pass and Promotion Rules for B.Com.

The minimum marks required to pass the examination at the end of each year Part-I Examination, Part –II Examination and Part –III examination shall be 36% in each paper (theory and practical separately) and 36% in the aggregate.

The candidate must secure 36% marks in the University examination and 36% in the total of university examination and internal assessment together.

Provided that at the end of the first year, a candidate who has not passed the Part –I Examination but has secured at least 25% marks in the aggregate of all the papers taken together (including internal assessment and practical, if any) and pass marks in at least half the papers (i.e. three) may be permitted to proceed to the second year class and take subsequently the examination in the remaining papers of Part –I in which he has not secured pass marks, along with the Part –II Examination.

Similarly, at the end of second year, a candidate who does not pass the Part –II Examination (including a candidate who has not passed Part –I Examination also) but has secured at least 25% marks in the aggregate of all the papers taken together (including internal assessment and practical, if any) of the Part –II Examination, and pass marks in at least half the papers of II year may be permitted to proceed to the IIIrd year class and take the examination in the remaining papers of Part - I and / or Part –II which he might have not cleared by then, along with the Part – III Examination.

A candidate for the Part –III Examination who has not passed the examination but has secured at least 25%marks in the aggregate of all the papers (including internal assessment and practical, if any) of Part – III shall be exempted from reappearing in those paper/s in which he/she has secured pass marks at a subsequent examination, if otherwise eligible.

The successful candidates, will be classified on the combined results of Part –I, Part –II and Part – III Examinations as follows:

First Division : 60% or more in the aggregate

Second Division : 50% or more in the aggregate

Third Division : All others

B.Com. Course Structure

Part I

		Maximum Marks	Workload per week	Exam. Hours
Paper I	Business Organisation and Management	75	3 lectures	3
Paper II	Financial Accounting	75	3 lectures	3
Paper III	Business and Industrial Laws	75	3 lectures	3
Paper IV	Economics Paper – I – Principles of Economics	100	4 lectures	3
Paper V	Humanities Group –one of MIL Total	100 ________ 425 _________	4 lectures __________ 17 Lectures __________	3

Part II

		Maximum Marks	Workload per week	Exam. Hours
Paper VI	Business Mathematics and Statistics	75	3 lectures	3
Paper VII	Corporate Accounting	75	3 lectures	3
Paper VIII	Company and Compensation Laws	75	3 lectures	3
Paper IX	Income Tax and Auditing	75	3 lectures	3
Paper X	Economics Paper – II – Macroeconomics	100	4 lectures	3
Paper XI	Humanities Group - English	100 __________	4 lectures __________	3
	Total	500 __________	20 Lectures __________

Part III

		Maximum Marks	Workload per week	Exam. Hours
Paper XII Paper XIII	Cost Accounting Computer Applications in Business	75 75	3 lectures 3 lectures	3 3
Paper XIV Paper XV	Economics Paper – III – Economic Development and Policy Humanities Group – Elective Paper	100 100	4 lectures 4 lectures	3 3
Paper XVI (a – d)	One *Optional Paper From Paper XVI (a) --- XVI (d)	75 __________	3 lectures __________	3
	Total Grand Total	425 __________ 1350 __________	17 Lectures __________ 54 Lectures __________
	*Optional Papers
Paper XVI (a)	Financial Management
Paper XVI (b)	Marketing Management
Paper XVI (c )	Human Resource Management
Paper XVI (d)	E-Commerce

Note : E-Commerce will not be available as an option for the non formal stream of students.

B.Com – Part I

Paper - I

BUSINESS ORGANISTION AND MANAGEMENT

Duration : 3 hrs. Max. Marks: 75

Lectures: 75

Objective: The course aims at providing a basic knowledge to the student about the organization and management of a business enterprise.

Unit : I

Business System and Contemporary Business Environment – Economic, Politico-Legal, Socio-Cultural and International. Entrepreneurial Process – Idea generation, Feasibility study. Basic considerations in setting up a business enterprise. Emerging trends in business: outsourcing, service sector and e-commerce 13 Lectures

Unit – II

The Process of Management. Planning – Decision Making. Strategy Formulation. Organising – Basic considerations. Departmentation - functional, project, matrix and network. Delegation and decentralization of authority. Dynamics of group behaviour. 13 Lectures

Unit-III

Leadership: Concept, Managerial Grid, Situational Leadership. Motivation: Concept and Theories – Maslow, Herzberg, McGregor and Ouchi. Communication: Process and Barriers. Control: Concept and Process 13 Lectures

Unit-IV

Marketing Management; Marketing concept, Marketing mix. Market segmentation and positioning. Product Life Cycle. Consumer buying behaviour.

Financial Management: Meaning and Objectives, Raising of Funds: IPO, Venture Capital, Lease Finance, Borrowed Funds.

Human Resource Management, HRM Functions, Human Relations, Basic dynamics of employer-employee relations. 24 Lectures

Unit – V

Change Management: Resistance to change and strategies to manage change, Conflict levels, causes and resolution. Functional and Dysfunctional aspects of conflict.

12 Lectures

Suggested Readings:

1. Barry, Jim, Chandler, John, Clark, Heather, Organisation and Management, Thompson Learning, New Delhi.

2. R.H. Bushkirk, Conepts of Business: An Introduction to Business System, Dryden Press, New York.

3. Douglas, McGregor, The Human Side of Enterprise, McGraw-Hill, New York.

4. Philip, Kotler, Marketing Management: Analysis, Planning, Implementation & Control, Prentice-Hall of India, New Delhi.

5. Stephen P., Robbins, Business Today: New World of Business, Harcourt College Publishers, Fortworth.

6. Elwood S., Buffa, Production/Operations Management, Prentice Hall of India, New Delhi.

7. P.C., Tulsian, Business Organisation & Management Pearson Education, New Delhi, 2005.

8. N Mishra, Modern Business Organisation, Sahitya Bhawan Publishers and Distributers (P) Ltd, 2005.

9. R. K., Chopra, Principles and Practice of Management, Sun India Publication, Delhi, 2005.

10. C.B., Gupta, Modern Business Organisation & Management, Sultan Chand & Sons, New Delhi.

11. B.P. Singh, & T.N Chhabra, Business Organisation & Management, Dhanpat Rai & Co., Delhi, 2005.

12. Gauri Shankar, Modern Business Organisation, Mahavir Book Depo, New Delhi.

13. P.C. Tripathi, Principles of Management, Tata McGraw Hill, Publishing Co., New Delhi.

B.Com. – Part I

Paper - II

FINANCIAL ACCOUNTING

Duration : 3 hrs. Max. Marks: 75

Lectures: 75

Objective: To make the student familiar with generally accepted accounting principles of financial accounting and their applications in business organizations excluding corporate entitles.

Unit – I

(i) Financial Accounting: Nature and scope, Limitations of Financial Accounting.

(ii) Basic Concepts and Conventions. Accounting Standards: Meaning, Procedure for issue of Accounting Standards in India, Significance, Generally Accepted Accounting Principles (GAAP).

(iii) Accounting Process: From recording of transactions to preparation of final accounts. 10 Lectures

Unit – II

i) Final Accounts of a Sole-Trader.

ii) Final Accounts of Not-For Profit Organisations: Meaning and features.

iii) Preparation of Income and Expenditure Account and Balance Sheet: From receipts and payments account with additional information and vice – versa

Preparation of Balance Sheets (opening and closing) from receipts and payments account and income expenditure account and additional information.

iv) Accounts from incomplete records: statement of affairs method and final account

method.

15 Lectures

Unit – III

Depreciation Accounting: Meaning of deprecation, causes, objects of providing depreciation, factors affecting depreciation, accounting treatment including provision for depreciation accounting. Methods of depreciations: straight line method, diminishing balance method, Change of method as per revised AS-6. 10 Lectures

Unit – IV

Consignment and Joint Venture Accounts:

(i) Consignments: Features,

Accounting treatment in the books of the consignor and consignee.

(ii) Joint Ventures: Accounting procedures: Joint Bank Account, Records Maintained by co-venturer of (a) all transactions (b) only his own transactions. (Memorandum joint venture account).

10 Lectures

Unit – V

Accounting for Hire Purchase Transactions, Journal entries and ledger accounts in the books of Hire Vendors and Hire purchaser for large value items including Default and repossession.

10 Lectures

Unit – VI

Inland Branches: Dependent branches only and Ascertainment of Profit by Debtors method and Stock and Debtors method.

10 Lectures

Unit – VII

Dissolution of Partnership Firms: Legal Position, Accounting for simple dissolution, Applications of rule in case of Garner Vs. Murray in case of insolvency of partner(s) (excluding piecemeal distribution and sale of a firm to a company).

10 Lectures

Suggested Readings:

1. T.S, Grewal, Introduction to Accounting, S. Chand and Co., New Delhi

2. S. N. Maheshwari, Financial Accounting, Vikas Publication, New Delhi.

3. R.L. Gupta and V. K. Gupta, Principles and Practice of Accountancy Sultan Chand and Sons, New Delhi.

4. J.R Monga, Basic Financial Accounting, Mayur Paper backs, Darya Gang New Delhi.

5. P.C. Tulsian, Financial Accounting, Tata McGraw Hill, New Delhi.

6. B.K. Goyal, Financial Accounting, Modern Publications, New Delhi.

7. S.P. Jain and K. L. Narang, Advanced Accounting, Kalyani Publishers New Delhi.

8. R.K. Sharma and R.S. Popli, Principles and Practice of Accounting, Sultan Chand and Sons, New Delhi.

9. Nirmal Gupta, Financial Accounting, Sahitya Bhavan, Publishers and Distributers (P) Ltd.

10. Ashok Sehgal and Deepak Sehgal, Fundamentals of Financial Accounting, Taxmann, New Delhi.

11. Seema Srivastava, Financial Accounting, Principles & Practices, S. Chand & Co., New Delhi.

B.Com – Part I

Paper - III

BUSINESS AND INDUSTRIAL LAWS

Duration : 3 hrs. Max. Marks: 75

Lectures: 75

1. The Indian Contract Act, 1872

Contract- Meaning and Essentials, Kinds, Offer and Acceptance, Contractual Capacity, Free Consent, Consideration, Void Agreements, Quasi Contracts. Modes of discharge of contract and remedies for breach of contract.

Contract of Indemnity and Guarantee, Law of Agency; its creation, Personal Liability of Agent, Sub Agent and Substituted Agent, Termination of Agency.

25 Lectures

2. The Sale of Goods Act, 1930

Meaning of Contract of sale, Difference between Sale and Agreement to Sell. Conditions and Warranties, Transfer of Property in Goods, Unpaid Seller and his Rights.

10 Lectures

3. Indian Partnership Act, 1932

Meaning and test of Partnership, Implied Authority of a partner, Position of a minor in partnership, Consequences of Non –Registration of a partnership , Firm Expansion, Death and Insolvency of a partner, Dissolution of firm by cour