DATE OF BOARD OF STUDIES: 29.01.2020
SEMESTER-I
Course Code Course Title (Core)
MIR-1001 Management Concepts
MIR-1002 Accounting & Financial Analysis
MIR-1003 Financial Structure of Services
MIR-1004 Insurance & Risk Management
MIR-1005 ICT in Business
MIR-1006 Principles & Practices of Insurance
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
MANAGEMENT CONCEPTS (MIR-1001) MIRM-First Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: The aim of this course is to impart basic idea of management among the students.
Course Outcomes
At the end of the course students are able to:
1. Understand the basic concept of management and evolution of management
thoughts.
2. Know about the management function and their application in successful business.
3. Learn about the effective management practices and their implementation.
Unit I: Introduction to Management: Meaning, Significance, Functions,
Levels of Management, Management as Art, Science & Profession, Distinction between Management and Administration. Evolution of Management Thought, Contribution of Taylor, Weber and Fayol.
Unit II: Planning: Concept, Objectives, Nature, Limitations, Significance and Process of Planning, Authority and Responsibilities, Delegation of Authority, Centralization and Decentralization, Spam of Control.
Unit III: Organizing: Concept, Objectives, Types of Organizations, Steps in Organizing, Organization structure and design, Leadership- Functions & Significance, Qualities of Leader, Types of Leadership, Theories of Leadership, Behavioral and Trait Theory of Leadership.
Unit IV: Managerial Control: Nature, Purpose and Process of Controlling, Techniques of Control, Perquisites of effective Control, Management of change Factors affecting change, Resistance to change, Secrets of success in managing the change Crises Management & Stress Management.
Suggestive readings:
1. Grififin, Ricky W: Organizational Behaviour, Houghton Mifflin Co., Boston 2. Hellreigel, Don, John W. Slocum, Jr., and Richard W. Woodman: Organizational
Behaviour, SouthWester College, Ohio. 3. Hersey, Paul, Kenneth H. Blanchardand Dewey E Jonson Management of
OrganizationalBehaviour: Prentice Hall, New Delhi. 4. Ivancevich: John and Micheeol T. Matheson: Organizational Behaviour and
Management,Business Publication Inc., Texas
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce
Aligarh Muslim University, Aligarh
ACCOUNTING & FINANCIAL ANALYSIS (MIRM-1002)
MIRM-First Semester (CBCS)
Credit – 04
Max. Marks -100
Sessional - 30 Marks
Examination - 70 Marks
Objective: To equip the students with the techniques of business decisions based on
accounting information.
Course Outcomes At the end of the course students are able to
1. Learn about the accounting concepts and conventions and rules of preparing
accounting statements.
2. Understand the purpose of accounting and comprehend the qualitative characteristics
of financial statements.
3. Prepare the financial statements and the interpretation thereof related to business
management.
Unit I: Meaning, Definition and Need of Accounting; Types of Accounting and
Users of Accounting Information; Accounting Concepts and Conventions;
Accounting Standard Boards; Accounting Equations; Types of Accounts,
Rules for recording business transactions.
Unit II: Preparation of Basic Accounts –Journal entries to Trial Balance, Cash Book;
Income Statement and Position Statements (P&L A/C and Balance Sheet) and
Adjustment Entries; Rectification of Errors; Bank Reconciliation Statement;
Legal requirements relating to Accounting.
Unit III: Analysis & Interpretation of Financial Statements: Meaning, Objectives,
Significance and Limitations of Financial Statement Analysis. Techniques of
Analysis of Financial Statements: Comparative Statement Analysis, Trend
Analysis, Common Size Statement Analysis and Ratio Analysis. Advantages
and limitations of Ratio Analysis, Classification of Ratios: Profitability,
Solvency, Liquidity and Turnover Ratios.
Unit IV: Funds Flow and Cash Flow Analysis: Cash Flow: Meaning and Uses;
Preparation of Cash Flow by Direct and Indirect Method; Difference between
Direct and Indirect Method. Funds Flow: Meaning and Uses; Preparation of
Funds Flow- Schedule of Changes in Working Capital, Funds from
Operations, Flow Statement.
Suggestive readings: 1. Dearden J and Bhattacharya SK, Accounting for Management– Text and Cases, 2005, Vikas
Publishing House Private Ltd, New Delhi.
2. I.M. Pandey, Management Accounting, 2007, Vikas Publishing House Private Limited, New
Delhi.
3. Hingorani, Ramnathan and Grewal, Management Accounting, 2005, S. Chand & Sons, New
Delhi.
4. Pillai, R.S.N. & Bhagavathi, Management Accounting, 2002, S. Chand & Company Ltd.,
New Delhi.
5. A Aziz Andari & J.C. Varshney, Financial and Cost Accounting, 2008, Wisdom Publications,
Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
FINANCIAL STRUCTURE OF SERVICES (MIR-1003) MIRM-First Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks Objective: Understanding the nature and role of financial services and the purpose of these services and their role in the development of financial markets. Course Outcomes At the end of the course students are able to:
1. Learn about the evolution of financial services and financial service companies in India.
2. Impart knowledge about management of capital issue to the public by the companies.
3. Learn about various financial services and their successful management.
Unit I: Introduction: Evolution and Role of Financial Services Companies in
India, Regulatory Environment of Financial Service, Trends & Developments in the area of financial services, Virtual Delivery of financial Services .
Unit II: Management of Capital Issues: Pre Issue Activities, Management of Capital Issues - Post Issue Activities, Pricing and Marketing of Public Issues.
Unit III: Mutual Funds and Venture Capital Types & classification of Mutual Fund schemes, Operations and Management of Mutual Funds in India, Venture Capital, Issues in Venture Capital Financing.
Unit IV: Credit Financing and Insurance Factoring, Bill Discounting, Forfeiting, Credit Rating, Consumer Finance, Credit Cards, Insurance.
Suggestive readings:
1. M.Y. Khan: Financial Services, Tata McGraw Hill 2. Peter S. Rose & Sylvia C. Hudgins: Bank Management & Financial
Services, McGraw Hill International Edition
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
INSURANCE & RISK MANAGEMENT (MIR-1004) MIRM-First Semester(CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To get familiarity with the operations and issues related to Insurance and Risk.
Course Outcomes
At the end of the course students are able to:
1. Strengthen the knowledge on advanced risk management techniques.
2. Understand and apply the process of risk management.
3. Understand the concept of insurance and legal principles related to insurance.
Unit I: Introduction to Risk. Meaning of Risk. Degrees of Risk. Types of Risk:
Static and Dynamic Risks, Financial and Non-financial risks, Pure and Speculative Risks.
Unit II: Risk and uncertainty Determination. Methods of Risk determination;
Risk Adjusted Discounted Rate, Certainty Equivalent Method, Sensitivity Techniques, Probability Technique, Standard Deviation Method, Coefficient of Variation Method, Decision Tree Analysis.
Unit III: Insurance Defined. Classifications of Insurance. How Insurance Companies Operate. Production of Insurance. What Exposures are Insurable? The Role and Importance of Competition in Insurance Markets. Legal Aspects of Insurance: Legal Principles Relating to Insurance. Special Characteristics of Insurance Contracts.
Unit IV: Risk Financing: Risk Financing Options, Decision Factors. Property Loss Exposure: Risk Assessment. Types of Property and of Property Losses. Causes of Property Loss. Property Valuation. Property Risk Control. Property Risk Financing.
Suggestive readings:
1. Bernstein, Peter L., (1996), Against the Gods, John Wiley and Sons, New York. 2. Skipper Jr. Harold D., and W.R. Feldhaus (Forthcoming) Perspectives on Risk and
Insurance, Irwin/McGraw, Hill, Boston. 3. Bhattacharya, Hrishikas Working Capital Management; Strategies and Techniques,
Prentice Hall, New Delhi. 4. Brenley, Richard A. and Steward C. Myers Corporate Finance; Mcgraw Hill, Int. Ed.
New York.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
ICT IN BUSINESS (MIR-1005) MIRM-First Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks Objective: To offers coverage of concepts and trends underlying current and future
developments in information technology, and fundamental principles for the effective use of computer-based information systems.
Course Outcomes At the end of the course students are able to:
1. Understand the fundamentals of Information Technology in business management.
2. Learn core concepts of computing and modern systems in business management.
3. Understand modern software programs and packages used in risk management.
Unit I: Fundamentals of Computing: Introduction to Information Technology (IT), Scope of IT in Finance and Taxation, Basics of Hardware and Software, Types of Computers, Types of Software. Data Communication, Networking, Network Types, Network Uses, Intra-and Inter-Organizational Communication, Network Topologies, Network Devices, Wired and Wireless Media.
Unit II: Data Information, Information System, Management Level and Information Systems-Transaction Processing System, Decision Support System, Executive Support System. IT and Finance, IT and Banking, Enterprise Systems, Knowledge Management System, Online Payment System, Digital Currency, Digital Payment Methods.
Unit III: Information Technology Risk, IT and Risk Management, Cyber Security
and Dimensions, Security Threats & Attacks, Security Measures
(Cryptography, Digital Signature, Authentication). Data Base Concepts,
DBMS, Features and Applications of DBMS, Data Warehouse, Data
Marts, Big data, Cloud, and Data Mining and their applications in
Business Functional Areas.
Unit IV: Spread Sheet Formatting, Formula & Functions, Statistical Functions,
Sorting/Filtering, What if Analysis, Charts/Graphs, Application of Excel in
Financial Analysis, Determination of Cash Flow, Financial Functions;
Future Value (FV), Present Value (PV), NPV, Depreciation (DB) etc..
Hands on Data Management with MS-Access.
Suggestive readings: 1. Awad, E.M., Electronic Commerce: From Vision to Fulfilment, ed. iii, 2007, Pearson Education. 2. Curtin, D.P.; Foley, K.; Sen, K., and Morin, C., Information Technology- The Breaking Wave, ed.
i,1999,Tata McGraw-Hill. 3. ITLEducationSolutionsLtd.,IntroductiontoInformationTechnology,ed. ,2008, Pearson Education. 4. Morley, D. and Parker, C. S., Understanding Computers: Today and Tomorrow, edxi, 2007, Thomson
Learning. 5. Ruzbeh J. Bodhanwala, Financial management Using Excel Spread Sheet, 2
nd Edition, Taxman, 2006.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
PRINCIPLES AND PRACTICES OF INSURANCE (MIR-1006) MIRM-First Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks Objective: To make familiar with the basics of Insurance and theoretical considerations pertaining to Insurance.
Course Outcomes At the end of the course students are able to:
1. Impart knowledge about concept of insurance and its evolution.
2. Learn about the fundamentals of insurance business management.
3. Understand the insurance market and customer’s requirement.
Unit I: The Concept of Insurance and its Evolution: The basics and nature of
insurance – evolution and nature of insurance - how insurance operates today – different classes of insurance – importance of insurance - how insurance takes care of unexpected eventualities.
Unit II: The Business of Insurance: Management of risk by individuals – management of risk by insurers – fixing of premiums – reinsurance and its importance for insurers - role of insurance in economic development and social security - contribution of insurance to the society.
Unit III: The Insurance Market: The various constituents of the insurance market – operations of insurance companies - operations of intermediaries – specialist insurance companies – insurance specialists - the role of regulators – other bodies connected with insurance.
Unit IV: Insurance Customers: Understanding insurance customers – different customer needs - importance of customers – customer mindsets - customer satisfaction - customer behavior at purchase point - customer behavior when claim occurs - importance of ethical behavior.
Suggestive readings:
1. R. Kothekar Liberalisation of Insurance Market, Cyber Tech Publications, New Delhi. 2. H. Sadhak, Life Insurance in India Opportunities, Challenges and Strategic
Perspective, Sage Publication, New Delhi 3. Dr.Yajuya Dutta Nayak, Prof. Jagannath Panda; Consumer Behaviour towards Life
Insurance Services, Abhijeet Publications, New Delhi. 4. Vivek Mathukar Dandekar, Insurance Risk Management and Public Policy Manglam
Publishers & Distributors, New Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
SEMESTER-II
Course Code Course Title
MIR-2001 Insurance Legislations & Regulations
MIR-2002 Investment Planning & Management
MIR-2003 Marketing of Services
MIR-2004 Managerial Economics
MIR-2005 Financial Management in Insurance
MIR-2006 Security Analysis and Portfolio Management
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
INSURANCE LEGISLATIONS & REGULATIONS (MIRM-2001) MIRM-Second Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: The course is framed to create an appreciation of the importance of the
Regulatory Environment necessary for the Insurance Business in India.
Course Outcomes At the end of the course students are able to
1. Impart knowledge about evolution and emergence of insurance industry in India.
2. Learn about authorities regulating insurance industry in India.
3. Learn about the functioning of Insurance Regulatory and Development Authority.
Unit I: Development and growth of Life and Non life Insurance industry in India – Nationalization of insurance Industry –Insurance association and Life and General Councils – GIBNA.
Unit II: Mission and Composition of IRDA –Duties and powers and Functions of IRDA – Regulations issued –Moto r Vehicle Act 1988 – Salient features – No Fault liability – Hit and Run Accidents –Carriage of Goods by Sea act and various other acts- Workmen’s compensation Act – Employee State Insurance Act – Public Liability act – General and Life Insurance Councils – Formation, duration and dissolution of Executive committee - Functions and Powers of the executive committee.
Unit III: IRDA regulations on Obligation of Insurers for rural and Social sector – Classification of Rural – Obligations for Rural and social sector before and Sixth financial Plan onwards - Micro Insurance –concept and origin – Govt recommendations on Micro Insurance – Conditions for Micro Insurance Agents – Life and Non life Micro Insurers Product parameters - Regulation and working of ULIPs
Unit IV: Assignment and Transfer of policies – Recommendations of Law commission – Nomination by Policy Holder – Prohibition of Rebates – Repudiation clause – Recommendations of Law clause – Provisions of sec 64 VB – Exemptions to Sec 64 VB - Provisions for Nomination of policies – Recommendations of law commission – Provision for prohibition of rebates- Repudiation Clause .
Suggestive readings: 1. R. Kothekar Liberalisation of Insurance Market, Cyber Tech Publications, New Delhi. 2. H. Sadhak, Life Insurance in India Opportunities, Challenges and Strategic
Perspective, Sage Publication, New Delhi 3. Dr. Yajuya Dutta Nayak, Prof. Jagannath Panda; Consumer Behaviour towards Life
Insurance Services, Abhijeet Publications, New Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
INVESTMENT PLANNING & MANAGEMENT (MIR-2002) MIRM-Second Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: This course exposes the students to the various concepts of investment
management and provides an in-depth study of various issues there under.
Course Outcomes At the end of the course students are able to:
1. Learn about the concepts of investment management and risk analysis.
2. Acquire knowledge about financing of investment and its effective management.
3. Impart knowledge about investment opportunities and demand analysis.
Unit I: Investment: Nature and scope of investment Management; Elements of investment -return, risk and time elements; Factors favourable for Investment, Investment process, Objectives of investment; Security return and risk analysis; Measurement of return and risk; Approaches to investment analysis.
Unit II: Types of Investments: Financial investments -securities and derivatives, deposits, tax- sheltered investments; Non-financial investment -real estate, gold and other types and their characteristics; Sources of financial information.
Unit III: Fundamental Analysis: Economic analysis, Industry analysis and company analysis, Techniques of portfolio revising – Formula plans constant ratio, Variable ratio.
Unit IV: Investment opportunities and demand analysis: Project ideas; screening of ideas; environment scanning and opportunity analysis; market and demand analysis, sources of information-primary and secondary, demand forecasting.
Suggestive readings:
1. Agarwala, K.N. and Deeksha Agarwala: Bulls, Bears and The Mouse, Macmillan, NewDelhi.
2. Cheney, J. and E. Muses: Fundamentals of Investments, Paul, New York. 3. Clark, James Fransis: Investment- Analysis and Management, McGraw Hill ,
International Edition. 4. Dalton, John M: How the Stock Markets Works, Prentice Hall, Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
MARKETING OF SERVICES (MIR-2003) MIRM-Second Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To develop understanding of service marketing.
Course Outcomes At the end of the course students are able to
1. Understand the concepts of service marketing.
2. Gain the knowledge of intricacies of service marketing.
3. Understand service marketing mix and its application in business growth.
Unit I: Understanding services marketing: Introduction, services in the modern economy, Classification of services, marketing services Vs. Physical services, services as a system.
Unit II: Customer Relationship Marketing: Relationship Marketing, the nature of service consumption understanding customer needs and expectations, Strategic responses to the intangibility of service performances. Services market segmentations: The process of market segmentation, selecting the appropriate customer portfolio, creating and maintaining valued relations, customer loyalty.
Unit III: Creating value in a competitive market: Positioning a service in the market, value addition to the service product, planning and branding service products, new service development. Pricing strategies for services: Service pricing, establishing monetary pricing objectives foundations of pricing objectives, pricing and demand, putting service pricing strategies into practice.
Unit IV: Service promotion: The role of marketing communication. Implication for communication strategies, setting communication objectives, marketing communication mix. Planning and managing service delivery: Creating delivery systems in price, cyberspace and time. The physical evidence of the service space. The role of intermediaries, enhancing value by improving quality and productivity.
Suggestive readings:
1. Valarie A.Zeithaml & Mary Jo-Bitner: Services Marketing-Integrating Customer Focus Acros the Firm, 3/e, TMH, 2003.
2. Thomas J.Delong & Asish Nanda: Managing Professional Servies-Text and Cases, McGraw-Hil International, 2002.
3. Christopher Lovelock: Services Marketing People, Technology, Strategy, Fourth Edition, Pearson Education, 2002.
4. Mark Davis, Managing Services People and Technology, McGraw-Hill International, 2002
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
MANAGERIAL ECONOMICS (MIR-2004) MIRM-Second Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: This subject aims study the principles of managerial economics for evidence based decision making.
Course Outcomes
At the end of the course students are able to:
1. Learn the basic theories in Managerial Economics in connection with business.
2. Demonstrate about various economic models and tools to run the business.
3. Describe mechanisms of multiplier, accelerator and skills to find the solution to
various economic problems.
Unit I: Managerial Economics: Meaning nature and scope of managerial economics Role of Micro and Macro Economic Analysis in formulation of Business Policies.
Unit II: Markets: meaning characteristics , types of markets perfect and Imperfect, Utility and Indifference curve approaches meaning , Law of Diminishing marginal rate of substitution properties of indifference curve, Price line consumers equilibrium conditions of consumers equilibrium income substitution and price effect .Demand forecasting meaning and methods
Unit III: Demand Analysis; Demand and Law of Demand, Determinants of demand on demand functions, Production function , Short run and long run , cost and output analysis
Unit IV: General Theory of price determination, role of time elements in price determination .National Income, GDP & Other Measures of National Income. Price Indices- CPI/PPI. Aggregate Demand and Supply. Inflation: Concept, Theories and Application
Suggestive readings:
1. Samuelson William F.& Stephan ,G.Marks ,Managerial Economics ,Wiley 2008 2. Pindyck Robert. S, Rubinfield & Mehta, Microeconomics ,Pearson 2006 3. Mankiw.N.Gregory, Economics Principles and Applications , Cengage Learning 2007 4. G.S. Gupta; Managerial Economics, 2009
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
FINANCIAL MANAGEMENT IN INSURANCE (MIR-2005) MIRM-Second Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: This subject aims study the principles of financial management.
Course Outcomes At the end of the course students are able to:
1. Understand the concept of financial management in terms of the Insurance Business.
2. Use tools and techniques of financial management in managing Insurance Business.
3. Develop the knowledge and understanding of Capital Structure theories.
Unit I: Financial Management: Meaning, nature and scope of finance, Financial goal - profit vs. wealth maximization; Finance functions - investment, financing and dividend decisions.
Unit II: Cost of capital: Meaning and significance of cost of capital; Calculation of cost of debt, preference capital, equity capital and retained earnings; combined cost of capital (weighted); cost of equity and CAPM.
Unit III: Capital Structure: Concept, Determinants, Approaches of Capital Structure: Net Income (NI), Net Operating Income (NOI), Traditional and M.M. hypothesis - without taxes and with taxes.
Unit IV: Dividend Policies: Types of dividend policy, Determinants of Dividend Policy, issues in dividend decisions, Walter’s model, Gorden’s model, M-M hypothesis.
Suggestive readings:
1. Bhattacharya, Hrishikas: Working Capital Management: Strategies and Techniques, Prentice Hall, New Delhi.
2. Brealey, Richard A and Steward C. Myers: Corporate Finance, McGraw Hill, Int. Ed., New York.
3. Chandra, Prasanna: Financial Management, Tata McGraw Hill, Delhi.
4. Hampton, John: Financial Decision Making, Prentice Hall, Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
SECURITY ANALYSIS & PORTFOLIO MANAGEMENT (MIR-2006) MIRM-Second Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To gain an understanding of the processes, styles and philosophies followed
and tools used in the valuation of publicly traded securities including investment objectives, risk and return.
Course Outcomes At the end of the course students are able to:
1. Understand the concept of Security Analysis and Portfolio Management.
2. Gather knowledge about various models and theories of Portfolio Management.
3. Learn about the functioning of Stock Market and its management.
Unit I: Portfolio Management: Meaning, importance, objectives and various issues in portfolio Analysis. Nature and scope of investment analysis, elements of investment, avenues of investment, Classification of Investments, Concept of Security returns and risk analysis
Unit II: Portfolio Models: Markowitz risk-return optimization model: Risk and Return analysis, Assumptions of Markowitz’s Model, Parameters of Markowitz’s, Diversifications co-efficient of co-relation.
Unit III: Theories of Portfolio analysis: Capital Market theory- Capital market line, security market line; Risk free lending and borrowing; recent developments. Single Index Model: Portfolio total risk, portfolio market risk unique risk; Sharpe’s optimisation solution, Portfolio Performance Evaluation: Measure of return, risk adjusted measures of performance evaluation.
Unit IV: Portfolio risk management: Concepts, Use of Derivatives, Hedging, Benefits and Objectives of Derivative Instruments, Present position of Derivatives Market in India. Derivative Segments: Stock, currency, commodity etc. Derivative Financial Instruments: Forward Contracts; Options Contracts- call and put, mechanism; Future Contract: concept, application, mechanism; Swaps: Interest rate swaps.
Suggestive readings:
1. Chance, Don M: An Introduction to Derivatives, Dryden Press, International Edition. 2. Chew, Lilian: Managing Derivative Risk, John Wiley, New Jersey. 3. Das, Satyajit: Swap & Derivative Financing, Probus.
DATE OF BOARD OF STUDIES: 29.01.2020
4. Hull, J., Options: Futures and other Derivatives, Prentice Hall, New Delhi.
SEMESTER-III
Course Code Course Title
MIR-3001 Cost & Management Accounting
MIR-3002 Principles & Practices of Life Insurance
MIR-3003 Principles & Practices of General
Insurance
MIR-3004 Financial Services Marketing
MIR-3071 Summer Training Report
(Open Elective)
MIR-3091 Consumer Behaviour
MIR-3092 Human Resources & Organisational
Development
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
COST AND MANAGEMENT ACCOUNTING (MIR-3001) MIRM-Third Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: The aim of this paper is to familiarize the students with the recent Cost and Management Accounting Techniques.
Course Outcomes
At the end of the course students are able to: 1. Gather knowledge about the concepts of Cost and Management Accounting.
2. To understand and apply modern techniques of Cost and Management
Accounting.
3. Develop the knowledge and skills in the Cost and Management Accounting.
Unit I: Cost Accounting: Meaning, Scope, Objectives and Advantage of Cost Accounting, Costing as an aid to management, Characteristics of an ideal costing system, Methods of costing, Cost analysis, Concepts, Classification and Cost sheet, Overhead – Classification, Apportionment and Absorption.
Unit II: Management Accounting: Concept, Definitions, Needs & Importance, Objectives, Functions, Scope of Management Accounting, Role of Management Accounting. Distinction between Management Accounting, Financial Accounting and Cost Accounting. Management Accounting Process, Management Accountant: Their position, Role, Duties & Functions.
Unit III: Marginal Costing: Concept and Significance of Marginal Costing, Distinction between Marginal Costing and Absorption Costing, Managerial Uses and Computation of Marginal Cost Equation, Profit volume ratio, Break-even Analysis, Margin of Safety.
Managerial Application of Marginal Costing Technique: Pricing, Profit Planning, Shut Down Decision, Make or Buy Decision, Selection of Profitable Mix and Discontinuation of a Product Line and Exploring New Market.
Unit IV: Standard Costing and Variance Analysis: Standard Cost and Historical Cost, Types of Standards, Steps involved in Standard Costing, Components of Standard Costing, Concept of Variance Analysis, Computation of Material, Labour and Overhead Variances.
Suggestive readings: 1. Dearden J and Bhattacharya SK, Accounting for Management– Text and Cases, 2005,
Vikas Publishing House Private Ltd, New Delhi. 2. I.M. Pandey, Management Accounting, 2007, Vikas Publishing House Private Limited,
New Delhi. 3. Hingorani, Ramnathan and Grewal, Management Accounting, 2005, S. Chand &
Sons, New Delhi. 4. Nigam B.M. Lall & I.C. Jain, Cost Accounting Principles & Practices, Prentice Hall of
India, 2012, New Delhi. 5. S.P. Jain & K.L. Narang, Cost Accounting, Principles & Practices, Kalyani Publications,
2012, New Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
PRINCIPLES AND PRACTICES OF LIFE INSURANCE (MIR-3002) MIRM-Third Semester(CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To familiarize with the different facets of life insurance.
Course Outcomes At the end of the course students are able to:
1. Learn about the life insurance contract and its various aspects.
2. Impart knowledge about insurance practices and growth of life insurance
business in India.
3. Have understanding of successful management of insurance business and key
terms related to life insurance.
Unit I: The Insurance Contract: Terms of an insurance contract - principles which form the foundation of insurance - significance of the principle of insurable interest – the principle of indemnity - the principle of subrogation - the principle of contribution – disclosure of all relevant information - principle of utmost good faith - the relevance of proximate cause - the insurance contract.
Unit II: Practice of Life Insurance: Overview of the Indian Insurance Market - Growth of Insurance business in India - Organisational structure of the Life Insurance Corporation of India (LIC) - Postal Life Insurance - Organisational structure of Postal Life Insurance - Appointment of life insurance agents and their functions - Need of an agent in life insurance selling - Appointment of agents - Remuneration to agents - Trends in life insurance distribution channels.
Unit III: Premiums and Bonuses: Concept of premium - Different types of premium - Different factors considered in calculating premium - Bonus in policies - Different types of bonus in life insurance policies.
Unit IV: Plans of Life insurance: Different types of life insurance plans - Term Plan - Endowment Plan - Money Back Insurance Plan--Whole-Life Insurance Plan--Unit Linked Insurance Plans (ULIPs) - Joint Life Insurance Plans - Child Insurance Plans--Rider benefits.-- Industrial life insurance - MWP Policies. -- Keyman insurance-- Health insurance and its types.
Suggestive readings: 1. R. Kothekar Liberalisation of Insurance Market, Cyber Tech Publications, New Delhi. 2. H. Sadhak, Life Insurance in India Opportunities, Challenges and Strategic
Perspective, Sage Publication, New Delhi 3. Dr.Yajuya Dutta Nayak, Prof.Jagannath Panda; Consumer Behaviour towards Life
Insurance Services, Abhijeet Publications, New Delhi.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
PRINCIPLES AND PRACTICES OF GENERAL INSURANCE (MIR-3003) MIRM-Third Semester(CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To familiarize with the different facets of general insurance. Course Outcomes
At the end of the course students are able to: 1. Learn about the various types of general insurance and their management.
2. Impart knowledge about laws related to general insurance and agencies for the
regulation of insurance market.
3. Gather knowledge about the national and international market of general
insurance.
Unit I: Insurance Legislation: The Insurance Act 1938 – Insurance Regulatory
& Development Authority (IRDA) Act 1999 – General Insurance Councils – Amendments to Life Insurance Corporation Act 1956 - Amendments to General Insurance Business (Nationalisation) Act regulations issued by IRDA
Unit II: Insurance Market: Historical – Present scenario – Agents – Corporate Agents – Brokers – Third Party Administrators (TPA) – Surveyors / loss Assessors – Overseas Markets – U K – U S A.
Unit III: Insurance Forms: Proposal Forms – Cover Notes – Certificate of Insurance – Policy Forms – Endorsements – Interpretation of policies – Co-insurance – Standard policies.
Unit IV: Fire & Marine Insurance Coverages: Fire insurance coverages – Marine insurance coverages – Types of Marine insurance policies, - Duty & increased value insurance.
Suggestive readings:
1. General Insurance, John Magee & David Bicklhaupt 2. Operational Transformation of General Insurance Industry during the period
1950 to 1990 & Beyond, R D Samarth 3. Study on Distribution Functions in General Insurance & Role of Intermediaries,
Arun Agarwal / P R Rao 4. General Insurance for Information Technology Professionals, Martin Frappoli.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
FINANCIAL SERVICES MARKETING (MIR-3004) MIRM-Third Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks Objective: To familiarize with the marketing tactics for financial services. Course Outcomes At the end of the course students are able to:
1. Gather knowledge about the Marketing Concept and Marketing Mix of Financial
Services.
2. Impart knowledge about marketing tactics of capital issue to the public by the
companies.
3. Learn about various financial services and their Marketing Management.
Unit I: Marketing in Organization and Society; The Core Concept of
Marketing; Needs. Wants and Demands, Products, Value, Cost and Satisfaction. Markets and Marketers. Marketing Management : In the Business Sector Non-Profit Sector International Sector, Defining Business Purpose. Relating Products to Market Needs.
Unit II: Introduction - Bank Marketing - The Concept, Users of Services, The Behaviour of Users - Customers Psychology - Factors Governing the Customers’ Psychology - Product Planning - Market Segmentation - Significance of Segmentation in the Banking Services - The Marketing Mix for Banking Services - Formulation of Product Mix - Place Decisions - Pricing Decisions - Promotional Decisions, Personal Selling in Banking Services - Dynamics of Personal Selling
Unit III: Insurance Marketing - The Concept - Users of Insurance Services - The Behaviour of Users - Insurance Product - Planning and Development - Market Segmentation in the Insurance Services - Significance of Segmentation in the Insurance Services
Unit IV: Formulation of Marketing Mix for the Insurance Services - Formulation of Product Mix, Pricing Decisions, Management of Insurers - Designing of Promotional Strategies - Marketing Information System in Insurance - Insurance Marketing in Indian Environment.
Suggestive readings:
1. Cravens, Hills & Woodruff, Marketing Decision Making, Concepts and Strategy (1980), Richard D. rwin, Inc. Homewood, Illinois 60430 USA.
2. Christopher H. Lovelock, Services Marketing 1984, Prentice Hall, Inc. Eaglewood cliffs, NJ 07632, USA
3. Philip Kotler, Marketing Management: Analysis, Planning, Implementation and Control (1993), Prentice Hall of India Pvt. Ltd., New Delhi 110 001.
4. Philip Kotler, Kotler on Marketing (1999), The Free Press, 1230 The Avenue of Americas, NY 10020.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
SUMMER TRAINING REPORT MIRM-Third Semester (CBCS) (MIRM-3071)
Credit – 04 Presentation – 40 Evaluation - 60 Max. Marks -100
Course Objective:
Summer Training Report majorly aims to review the knowledge and skills acquired by the candidate during 7-8 weeks of industrial training. Also it will act as a platform for sharing of information regarding first hand experience of students in various organizations of the industry.
Course Outcomes
At the end of the course students are able to:
1. Explore the insurance business industry and have views towards them.
2. Learn skills during the tenure of training in various organizations of the
insurance industry.
3. Exhibit written and presentation skills through the summer training report and
presentation.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
CONSUMER BEHAVIOUR (MIR-3091) Open Elective
MIRM-Third Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To familiarize with the different facets of consumer behaviour.
Course Outcomes
At the end of the course students are able to: 1. Learn about the meaning and scope of Consumer Behavior and its application
in different areas of marketing.
2. Gather knowledge about various theories of motivation and their applications
in Consumer Behavior.
3. Learn about the attitude, communication and decision-making process in
relation to Consumer Behavior.
Unit I: Introduction to Consumer Behaviour Meaning and scope of consumer behaviour; level of analysis in consumer behaviour; relationship between consumer behaviour and behavioural sciences; applications of consumer behaviour in different areas of marketing; motivation and consumer behaviour.
Unit II: Motivation Theories and Perception Motivation theories and their application; measurement of motivation and motivation research; meaning and application of perception; application of absolute and differential threshold in consumer behaviour; meaning and nature of personality.
Unit III: Models of Attitudes Theories of personality and their application in consume behaviour; self-concept and consumer research; attitudes and their characteristics; different models of attitudes; measurement of attitudes.
Unit IV: Communication and Decision-Making Structure and process and communication; audience and source dimensions in consumer communication; medium and source dimensions; consumer decision making views; consumer decision making process.
Suggestive readings:
1. Leon G. Schiffman and Keslie, L. Kam K.: Consumer Behaviour, PHI, New Delhi. 2. Batra & Kazmi: Consumer Behaviour, Excel Books, New Delhi. 3. Kotler, Keller, Koshy and Jha: Marketing Management, Pearson Education
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
HUMAN RESOURCES AND ORGANISATIONAL DEVELOPMENT (MIR-3092) Open Elective
MIRM-Third Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: The aim of the paper is to impact basic understanding of the nuances in human resource development.
Course Outcomes
At the end of the course students are able to
1. Understand the concept of Human Resource and Organisational Development.
2. Identify effective human resource practices and their use in managing Human
Resource.
3. Impart knowledge about emerging horizons of Human Resource and
Organisational Development.
Unit I: Human Resource Development Macro-perspective: Concept, Origin and Need for HRD; Approaches to HRD: Human Development and Human Resource Development, Dimensions and Targets of Development.
Unit II: HRD – Micro perspective : Systems Approach to HRD; Activity areas of HRD; HRD Interventions : performance Appraisal, Potential Appraisal, Feedback and performance coaching, Training and Career Planning, OD or Systems Development; Rewards, Employee Welfare and Quality of work life and Human Resource information; Managing Organizing HRD Function, HRD Climate; HRD Audit; Strategic HRD.
Unit III: HRD Trends: Behavioural Science; Organizational Development; Transactional analysis; Assessment Centre; Behaviour Modelling and Self directed learning; Concept of Learning Organization; HRD Experience in Indian Organizations; Future of HRD.
Unit IV: Organisational Development and Stress Management: Concept and determinants of organisational culture, creating sustaining and changing organisational culture. Managing misbehaviour at work- Aggression and Violence, Sexual abuse, Substance abuse, Cyber slacking. Organisational Development- concept, values, and intervention techniques; Appreciative Inquiry
Suggestive readings: 1. Human Resource Development Paperback by Jon M. Werner (Author), Randy L.
DeSiome; 2016 2. Human Resource Development: A Researcher's Perspective Paperback by R.
Krishnaveni; 2008 3. Reading In Human Resource Development Paperback by Rao T V; 2006
DATE OF BOARD OF STUDIES: 29.01.2020
4. Human Resource Development Paperback by Mankin; 2009
SEMESTER-IV
Course Code Course Title
MIR-4001 Group Insurance & Health Planning
MIR-4002 Underwriting & Claim Management
MIR-4003 Basics of Actuarial Sciences
MIR-4004 Reinsurance & Global Insurance
MIR-4005 Corporate Tax Planning & Business Law
MIR-4071 Dissertation
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
GROUP INSURANCE & HEALTH PLANNING (MIR-4001) MIRM-Fourth Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: The course is framed to create an appreciation of the importance of the group insurance and health insurance.
Course Outcomes At the end of the course students are able to:
1. Learn about the group insurance and health planning and their management.
2. Gather knowledge about the various types of group insurance scheme.
3. Understand the key terms and trends related to Group Insurance and Health
Planning.
Unit I: Importance of group insurance schemes - Main features of group
insurance schemes - Eligibility conditions in group insurance-- Different types of group insurance schemes - Group Term Insurance Scheme - Group Gratuity Scheme - Group Superannuation scheme - Types of group superannuation schemes - Group Leave Encashment scheme - Employees Deposit-Linked insurance Scheme - Group Insurance Scheme in-lieu of EDLI - Social Security Scheme.
Unit II: Group Annuity Scheme - Advantages of PF managed by insurance companies - Advantages of Superannuation fund managed by insurance companies - Cash accumulation system - Types of Annuities - Administration of group superannuation schemes
Unit III: Group life Insurance and other schemes: Group life insurance- Superannuation and Gratuity schemes- Reinsurance- Key man and Property Insurance.
Unit IV: Group Health Insurance Schemes - Commonly used clauses in health insurance - Pre-existing diseases and exclusions - Cancellation Clause - Renewability clause - Standardization of definitions , forms , non-medical expenses in health insurance, standardization w.r.t treatments (STG)
Suggestive readings:
1. Health Insurance Primer : Study guide Part A-Author – American Health Insurance Plans / Place - Washington DC., Publisher - American Health Insurance Plans
2. Health Insurance nuts and bolts : Study guide part B- Author – American Health Insurance Plans / Place - Washington DC., Publisher - American Health Insurance Plans
3. Life and health insurance handbook—Davis . W. Gregg 4. Health Insurance –Author—O.D. Dickerson
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
UNDERWRITING & CLAIM MANAGEMENT (MIR-4002) MIRM-Fourth Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To acquaint the candidates with the principles and concepts of underwriting and providing them an overview of financial underwriting.
Course Outcomes
At the end of the course students are able to: 1. Understand the concept of underwriting and key terms related to it.
2. Learn about the life underwriting, medical and non medical underwriting and
authorities related to it.
3. Gather knowledge about the financial underwriting and claim management.
Unit I: Life Underwriting - Principles & Concepts (Part-1) :Concepts of underwriting - Risk assessment - Mortality and morbidity –Assessing individual risks - -Selection of lives - Classification of risks - Types of extra risks :Increasing, decreasing and constant extra risks - -Substandard and other extra risks - Level premium - Temporary extra premium - Diminishing Lien - Exclusions - Postponement of acceptance of risk - Declinature of the acceptance of risk.
Unit II: Life Underwriting - - Principles & Concepts (Part-2):Numerical Rating in underwriting - Standard, sub-standard and highly sub-standard risk - Limitations of the numerical rating system - --Impact of nature of occupation on underwriting - Financial Aspects & Moral Hazard - -Methods of rating sub-standard risks - Exclusions - -Postponement or deferment of risk - Declinature of risk
Unit III: Underwriting: Structure and process: Processing of the Proposal ( Application form) - -Policy issuance process - Non-medical and Medical Underwriting - Medical Examination process - Underwriting the Life Insurance process - Issuance of the Policy Document ( Policy Bond) - Structure of an underwriting function in a life insurance office - -Chief Medical officer (CMO) - - Underwriting-Support Team - Underwriting Authorities
Unit IV: Financial Underwriting: Purpose of financial underwriting - Objectives of financial underwriting - Concept of Insurable interest & Insurable value - Personal Insurance Cover - Human Life Value - Insurance on Housewives & Women with no earned income - Insurance on Minors - Key Person Insurance - Partnership Insurance
Suggestive readings: 1. Underwriting Principles-Author -, Joseph F Mangan / Connor M Harrison 2. Advanced Underwriting Techniques--Author - -, Joseph F Mangan / Connor M Harrison, 3. Guide to Life Assurance Underwriting including short glossary of medical terms--Author –
J.E.Evans, J E / W N Mann / 4. Underwriting management--Author – C.I.I.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce
Aligarh Muslim University
BASICS OF ACTUARIAL SCIENCE (MIR-4003)
MIRM-IV Semester (CBCS)
Credit: 04
Max Marks: 100
Sessional: 30 marks
Examination: 70 Marks
Objectives: To familiarize students with the fundamentals of actuarial concepts
Course Outcomes: At the end of the course students are able to:
1. Comprehend the exposure to actuarial profession and its scope. 2. Understand the Risk Management Principles, types of risk and risk mitigation practices. 3. Learn various statistical distributions and valuation of time cash flows.
Unit 1: Introduction: Concept and utility of Actuarial science; Role and functions of an actuary; Elements of actuarial control cycle. Mortality/Life Tables: Concept and types of life tables; Purpose of constructing Mortality tables; basic elements and limitations of life table.
Unit 2: Regression: concept and theory, utility of Regression Analysis, Regression lines in a
simple regression. Multiple-Regression: Objectives and assumptions of multiple linear
regression, coefficients of partial regression; multiple regression equations
Unit 3: Probability distribution: Various distributions like Normal, binomial and Poisson and
their essential properties. Probability distribution used in risk management, their rationale.
Risk: type of risks, principles of risk management and risk pooling.
Unit 4: Valuing Cash Flows: Time Value of money, present value, accumulated value, valuing
multiple regular payments. Reserves: Types of Reserves; basic assumption and calculation of
life reserves, determination of life reserve, terminal, initial and mean reserves.
Readings:
Bowers, N.; Gerber, Hans U.; Hickman, J; Donald A. Jones and Cecil J. Nesbitt (1997). Actuarial Mathematics, Society of Actuaries
Glen, Ninian (2009). Actuarial science: An Elementary manual. Bibliolife.
National Insurance Academy (2009). Elements of Actuarial Science, Ceneage learning India Pvt., Ltd.
Sweeting, Paul (2011). Financial Enterprise Risk management. Cambridge University press.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
RE-INSURANCE & GLOBAL INSURANCE (MIR-4004) MIRM-Fourth Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To develop an understanding of reinsurance.
Course Outcomes
At the end of the course students are able to:
1. Understand the concept of re-insurance and key terms related to it.
2. Learn about the evolution of re-insurance and function of re-insurance.
3. Impart knowledge about the various methods of re-insurance and
nuances of Global Insurance.
Unit I: Introduction to reinsurance: Nature of reinsurance – Analysis of factors that influence results – Historical background – Reinsurance in India before & after nationalization and liberalization – GIC Re – Regional co-operation – Functions of reinsurance - Advantages
Unit II: Forms of Reinsurance: Facultative reinsurance – Treaty reinsurance – Facultative Obligatory Treaty – Considerations for facultative placements
Unit III: Methods of Reinsurance - Proportional reinsurance: – Surplus – Quota Share – Proportional Treaty – Bordereaux – Premiums – Ceding Commission – Claims – Quota Share Treaty – Quota Share & surplus combined – Specimen Treaty Slip
Unit IV: Methods of Reinsurance – Non-Proportional reinsurance: Excess of Loss – Working (Per Risk) XL - Catastrophe XL – Stop Loss XL – Aggregate XL – Non-proportional Treaty – Ultimate Net Loss – reinsured Retention – Premium – Burning Cost – Exposure Rating / Pareto Loss Distribution – Reinstatement – Claims – Inception & Termination - Specimen Treaty Slip
Suggestive readings:
1. Reinsurance, Kenneth R Thompson 2. Reinsurance in the Third world, J. O. Irukwu 3. Reinsurance principles and practices, Connor M Harrison, 4. Reinsurance Underwriting, Robert Kiln.
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
CORPORATE TAX PLANNING AND BUSINESS LAW (MIR-4005) MIRM-Fourth Semester (CBCS)
Credit – 04 Max. Marks -100 Sessional - 30 Marks Examination - 70 Marks
Objective: To get familiarity with the nuances of taxation for business.
Course Outcomes At the end of the course students are able to:
1. Gather knowledge about the Companies Act 2013 and other Acts related to
business.
2. Learn about the concept of Tax Planning and Tax Management. 3. Impart understanding about the special tax provision for companies
Unit I: The Companies Act, 2013: Definitions, Types of companies, Formation
of Company, Prospectus, Memorandum of Association, Article of Association, Shares, Shareholders and Members, Officers of the company and duties, Meetings and Resolutions, Winding up, Corporate Social Responsibility. The Security Exchange Board of Indian Act, 1992.
Unit II: Introduction to Tax Management: Concept of tax avoidance, tax evasions; and tax planning. Tax planning with reference to location, nature and form of organization of new business. Corporate taxation (Calculation Including MAT Provision) and dividend tax. Tax deductions and collection at source; Advance payment of tax.
Unit III: Tax Planning and Financial Management Decisions: Tax planning relating to capital structure decision, dividend policy, inter-corporate dividends and bonus shares; Tax Planning and Managerial Decision : Tax planning in respect of own or lease, sale of assets used for scientific research, make or buy decisions; Repair, replace, renewal or renovation, and shutdown or continue decisions.
Unit IV: Special Tax Provisions: Tax provisions relating to free trade zones, infrastructure sector and backward areas; Tax incentives for exporters, Carry forward and set off loss and depreciation. Tax Issues Related to Amalgamation: Tax Planning with reference to amalgamation of companies.
Suggestive readings: 1. Lakhotia,R.N: Corporate Tax Planning, Vision Publications, Delhi. 2. Singhania, V.K: Direct Taxes: Law and Practice, Taxman’s Publication, Delhi. 3. Singhnia, Vinod K: Direct Tax Planning and Management, Taxmann Publication, Delhi. 4. P.C. Tulsian: Business and Corporate Law
DATE OF BOARD OF STUDIES: 29.01.2020
Department of Commerce Aligarh Muslim University, Aligarh
DISSERTATION (MIR-4071) MHRM-Fourth Semester (CBCS)
Credit – 04 Presentation – 40 Evaluation - 60 Max. Marks -100
Objective: To make students understand the contents of dissertation writing.
Students will undertake dissertation under the supervision of a teacher allotted by the department to work on a specific topic. The study will be submitted to the supervisor. The allotted supervisor will be responsible for topic of the study.
Course outcomes
At the end of the course students are able to:
1. Gain vast knowledge on specific topic with dissertation writing.
2. Exhibit written and oral communication skills through the presentation.
3. Build confidence to face audience and overcome stage fear with presentation
skill.
.