MCOM 4TH Sem Syllabus [Dibrugarh University DODLDU 2024]

The M.Com. Programme in Commerce under Open and Distance Learning shall comprise of 16 (Sixteen) courses of hundred marks each.

There shall be 13 (Thirteen) compulsory courses till the fourth semester and 3 (three) optional courses in fourth semester to be selected from Group – ‘A’, ‘B’.

The snapshot of courses comprising the four semesters of M.Com. Programme in Commerce under Open and Distance Learning are as follows:

MCOM 3rd Sem Syllabus [Dibrugarh University DODLDU 2024]
Dibrugarh University DODLDU (Distance Education)

(COM-401 is compulsory and one group among ‘A’ or ‘B’ to be selected as Optional courses)

Course Code	Course Name	No. of Assignments	In Semester Marks	End Semester Marks	Credit Value of the course
COM-401	Statistical Analysis.	2	20	80	4
(Optional paper (Any one group – ‘A’, ‘B’)
COM-402 (A)	Human Resource Management.	2	20	80	4
COM-403 (A)	Industrial Relation.	2	20	80	4
COM-404 (A)	Human Resource Development.	2	20	80	4
COM-402 (B)	Indian Financial System.	2	20	80	4
COM-403 (B)	Financial Services.	2	20	80	4
COM-404 (B)	Security Analysis and Portfolio Management.	2	20	80	4

Course: COM-401 (4^th Semester) - Statistical Analysis (Credits: 4)

Block I: Probability and Theoretical Distribution.             Marks-30

Probability and Probability Rules – Classical, Relative, Subjective, Addition & Multiplication Probability Models, Conditional Probability and Bayes’ Theorem, Probability Distribution – Binominal, Poison & Normal, their characteristics & applications, Statistical Decision Theory.

Block II: Statistical Inference and Testing.                             Marks-30

Statistical Estimation & Testing, Point & Interval estimation of population mean, Proportion & variance, Statistical Testing – hypotheses and errors, sample size determination, Large & Small Sampling Tests (Parametric).

Block III: Non-Parametric Tests & Reporting.                       Marks-20

Application of Non-Parametric Tests- Comparison with Parametric Tests, Rank Correlation Test, Chi-square Tests, Sign Test, Median Test, Wilcoxon Signed Test, Kruskal-Walle's Tests, Interpretation of Statistical Data, Report-writing-steps, problems, content, precaution, utility characteristics.

Recommended Books and Suggested Readings:

1. Richard I & Levin, Statistics for Management (Prentice Hall of India, New Delhi).

2. B.L. Agarwal, Basic Statistics (New Age International (P) Ltd. Publishers, New Delhi).

3. Larsen, Mark & Cooil, Statistics for Applied Problem Solving and Decision Making (International Thomson Publication, London).

4. S.C. Gupta, Fundamental of Statistics (Himalaya Publishing House, Delhi).

5. C.R. Kothari, Research Methodology (Wishwa Prakashan, New Delhi).

Optional Courses: Choose any one Group (‘A’, ‘B’)

Course: COM-402 (A) (4^th Semester)

Human Resource Management

Credits: 4

Block I: Human Resource Management – Concepts and Role of HRM.                                     Marks-16

Introduction to HRM – Personnel Management: Human Resource Management – Evaluation of Human Resource Management, Human Resource Management and Personnel Management. Functions of Personnel Management: Functions and Objectives of Human Resource Management, the Changing Role of Human Resource Management.

Block II: Human Resource Management Planning and Development.                                      Marks-16

Manpower Planning and HRD: Manpower Planning, Recruitment and Selection – Human Resource Development. Training and Development: Employee Training – Principles and techniques, Executive Development – Principles and Techniques, Career Development.

Block III: Wage Payment and Performance Appraisal.                                     Marks-16

Systems of Wage Payments: Wages and Salary Administration – Systems of wage payments/incentives-monetary and non-monetary. Performance appraisal: Performance appraisal - Promotion and transfer.

Block IV: Employee Motivation and Communication.                                      Marks-16

Motivating Employee: Employee morale and motivation – Management Technique designed to increase motivation, job satisfaction. Communicating Employee: Communication and Counseling.

Block V: Personnel Control and Policies.                                                               Marks-16

Personnel Control: Personnel Control – Personnel records and statistics, Personnel research. Personnel Policies: Audit of Personnel and programmes.

Recommended Books and Suggested Readings:

1. Tripathi, P.C., Human Resource Management, Sultan Chand and Sons, New Delhi

2. Sheikh, A.M., Human Resource Development and Management, S.Chand Publishing, New Delhi

3. Rao, T.V., Human Resource Development: Experiences, Interventions, Strategies, Sage Publications, New Delhi

4. Gary Dessler, (2000), 8th Edition, “Human Resource Management”, Prentice Hall Incorporated, Upper Saddle River, New Jersey.

5. Noe, R.A. Hollenbeck, J.R. Gerhart, B. and Wright, P.M.(2000) Human Resource Management, 3rd Edition, McGraw-Hill, New York.

6. Taylor, S, (1998), “Employee Resourcing”, CIPD, London.

7. Stewart, J. and McGoldrick, J. (Eds) (1996) Human Resource Development: Perspectives, Strategies and Practice, London: Pitman Publishing.

👉ALSO READ M.COM SYLLABUS (SEMESTER SYSTEM)

- M.Com 1ST Semester Syllabus

- M.Com 2nd Semester Syllabus

- M.Com 3rd Semester Syllabus

- M.Com 4th Semester Syllabus

Course: COM-403 (A) (4^th Semester)

Industrial Relation

Credits: 4

Block I: Industrial Relations – Basics.                                      Marks-16

Introduction to Industrial Relation: Objective, Introduction, Industrial Relation Concept, Approaches to Industrial Relation, Importance & Scope. Industrial Relation – a systematic approach: Objective, Introduction, pre-requisites of successful Industrial Relation Programme, Characteristics of Industrial Relation System.

Block II: Trade Union – An Actor to Industrial Relation.                                  Marks-16

Introduction to Trade Union: Objective, Introduction, Trade Union-Concepts, Functions, Problems of Trade Unions, Tools used by Trade Unions. Worker's Education: Objective, Introduction, Meaning, Scope, Purpose, Venue & Technique.

Block III: Industrial Dispute.                                        Marks-16

Industrial Disputes: Objective, Introduction, Forms, Causes, Role of Wage Policies. Preventive Measure: Objective, Introduction, Institution of Labour Welfare, Bipartite & Tripartite Bodies, Standing Orders, Grievance Procedure & Ethnical Codes.

Block IV: Settlement of Industrial Dispute.                           Marks-16

Worker's Participation in Management: Objective, Introduction, Concepts, forms, level of participation, evaluation of function. Collective Bargaining: Objective, Introduction, Concepts, Importance, Principles, Forms, Levels, Evaluation of Functioning.

Block V:Industrial Dispute Settlement Machinery.                           Marks-16

Conciliation and Arbitration: Objective, Introduction, Conciliation, Concept, Procedure & Types, Arbitration “Concept, Procedure & Type Adjudication and Industrial Environment: Objective, Introduction, Adjudication – Concept, Procedure, Types, Evaluation of working and justification, Industrial Peace, Industrial Democracy.

Recommended Books and Suggested Readings:

1. C.B. Mamoria, Dynamics of Industrial Relations in India, Himalaya Publishing House, New Delhi.

2. A Monappa, Industrial Relations, Tata McGraw Hill Co., New Delhi.

3. S. Modi, Dynamics of Trade Unionism, Deep & Deep Publications, New Delhi.

4. K.S. Bangoo, Dynamics of Industrial Relations, Deep & Deep Publications, New Delhi.

Course: COM-404 (A) (4^th Semester)

Human Resource Development

Credits: 4

Block I: Introduction to Human Resource Development.                               Marks-16

Concepts, benefits & Pre-requisite of HRD, Distinction between HRM and HRD, HRD Practices in India, HRD Structure, Culture and Climate, HRD as a System, HRD Audit, HRD and Organizational Effectiveness, Approaches to Evaluate the HR function.

Block II: Strategic HRD.                                  Marks- 16

Role of Strategic HRD, Objectives of Strategic HRD, Components and Principles of Strategic HRD, Quality of Work Life (QWL), Approaches and Techniques of QWL, Job enrichment, Quality Circles.

Block III: Change Management.                                 Marks-16

Introduction, Challenges before the HR manager, Responding to change, Effect of Competition on HRM, Retention Strategy, Techniques of Continuous Improvement.

Block IV: International HRM.                     Marks-16

Concepts and dimensions of International HRM, Comparison between domestic HRM and International HRM, International HR Activities, Cross Cultural Issues, The Expatriate Problems, Repatriation Process.

Block V: Recent Trends in HRM.                                                Marks-16

Total Quality Management (TQM), Human Resource Empowerment (HRE), Employee Leasing, Moon Lighting by Employees, Dual Career Groups.

Recommended Books and Suggested Readings:

1. Tripathi, P.C., Human Resource Management, Sultan Chand and Sons, New Delhi

2. Sheikh, A.M., Human Resource Development and Management, S.Chand Publishing, New Delhi

3. Rao, T.V., Human Resource Development: Experiences, Interventions, Strategies, Sage Publications, New Delhi

4. Gary Dessler, (2000), 8th Edition, “Human Resource Management”, Prentice Hall Incorporated, Upper Saddle River, New Jersey.

5. Noe, R.A. Hollenbeck, J.R. Gerhart, B. and Wright, P.M.(2000) Human Resource Management, 3rd Edition, McGraw-Hill, New York.

6. Taylor, S, (1998), “Employee Resourcing”, CIPD, London.

7. Stewart, J. and McGoldrick, J.(Eds) (1996) Human Resource Development: Perspectives, Strategies and Practice, London: Pitman Publishing.

8. Arthur, Diane(2nd Ed.)(1995). Managing Human Resources in Small & Mid-Sized Companies. New York: AMACOM

9. Ulrich, Dave. (2001). The HR Scorecard: Linking People, Strategy, and Performance. Cambridge, MA: Harvard Business School Press,.

10. Sparrow, Paul (2003). Employment Relationships: Key Challenges for HR. Boston:

Course: COM-402 (B) (4^th Semester)

Indian Financial System

Credits: 4

Block I : Financial System and Economic Development.                                 Marks-16

Financial System: Concept, Functions, Structure of Financial System, Financial Intermediaries, Financial Market, Financial Assets/ Instruments, Financial Services, Regulatory Framework, Indian Financial System - an overview. Financial System and Development: Introduction, Financial System and the Economy, Economic Growth and Financial System, Economic Development and Financial System, Role of Financial Institutions, corporate Sector and Economic Development. Legal and Regulatory Framework of IFS: Introduction, Company Law Regulations - Share Capital, Issue of Shares, Properties, Repurchase of Shares by Companies, Issue of debenture, Right-Issue, Allotment of Shares. Securities Contract (Regulation) Act – Object, Regulation of Stock Exchanges, Contracts and Options in Securities, Penalties and Procedure, SEBI - Establishment, Powers and Functions, Securities Appellate, Tribunal, Ombudsman / Stipendiary, Ombudsman Regulation2003. Buy back securities -Companies Act. Requirements for listed companies 1998 main provisions.

Block II: Financial Market.                                           Marks-16

Money Market: Factors, Money Market Organization in India, Primary dealers, Money Market, Mutual Funds, RBI -Functions, Role of RBI as Regulator of Money and Credit. Capital Market: Definition, Types- Primary Market, Secondary Market, Functions of New Issue, Organizational Support of NIM, Primary Market Reforms, Secondary Market and Institutional Support – Brokers, Sub brokers, Trading and Clearing/ Self Clearing Members, Foreign brokers, Custodial services, Depository system. Stock Exchanges - Regulations, Functions, Role in the Capital Market, National Stock Exchange.

Block III: Financial Intermediaries.                           Marks-16

Commercial bank, Merchant bankers and Private banks, Commercial banks - Functions and Role in Financial Market, Recent Trends in Banking sector reforms. Merchant Bankers - Regulations, Capital adequacy requirement, Obligation Private Banks: Role in IFS and the present scenario. Development Banks and State Level Financial Corporations, Development banks: Nature and Characteristics, Function and Services Provided, Recent Trends in Development Banking, Some leading DFIs-IDBI, IFCI; Concept of universal banking. State Level Financial Corporations: Power and Functions, New Policy Framework for the SFCs. Mutual Funds, NBFCs and Insurance Service Provider, Mutual Funds-Meaning, Types of MF, advantages of MF, Main Contents of SEBI, Mutual Fund regulations, Service Mobilization by MF. NBFCs – Introduction, Role and Functions, Regulatory Aspects for NBFCs Insurance Service Providers - Meaning of insurance, Types of Insurance Services, Insurance Companies in India – an overview, Objectives, Investment Policy, Main Provisions of IRD Act, 1999 and the Changing scenario of the Insurance Business.

Block IV: Financial Instruments.                                Marks-16

Long term Services of Finance, Financial Instruments-Meaning, Types of Financial Instruments, Equity Shares-Features, Evaluation, Performance Shares - Features, Evaluation, Debenture-Bonds- notes attributes, Valuation, Innovative debt instruments, Term Loans. Short term Sources of Finance and Derivatives Instruments, Bank and Short-term sources of Finance – Overdraft, Cash Credit, Working Capital Loans, Some Money Market in Instruments - Treasury bills, Commercial Papers, Certificate of Deposits. Derivative Instruments - Meaning, Types and Uses, Features, Options Swaps, Credit Derivatives, Advantages and Disadvantages of Derivatives.

Block V: Foreign Capital Flows.                 Marks-16

Introduction, uses and Determinants of Foreign Capital, Forms of Foreign Capital, International Financial Instruments, Trends in Foreign Capital of inflows to India, Indian Direct Investment abroad, External Commercial Borrowings, Foreign Institutional investors investment, Regulatory aspects of FIIs, NRI-Investment, Foreign Collaboration, Foreign Direct investment, GDR and ADR investment, Drawbacks of Foreign Capital.

Recommended Books and Suggested Readings:

1. Khan M.Y., Indian Financial System, Tata McGraw Hill, New Delhi.

2. ICAI, Financial Services, The Institute of Chartered Accountants of India, New Delhi.

3. Bhole L.M., Financial Markets and Institutions, Tata McGraw Hill, New Delhi.

4. Gupta, Suraj B., Monetary Economics : Institutions Theory and Policy, S. Chand & Co.

Course: COM-403 (B) (4^th Semester)

Financial Services

Credits: 4

Block I: Merchant Banking.                         Marks-16

Merchant Banking: Companies Act 2000, Registration of Merchant Bankers and Regulations, Authorized Activities, Terms of Authorization, Penalty System, Defaults in Prospectus, Project Preparation and Appraisal. Pre-Issue Management - Pre-Issue Management Activities (stepwise), Pre-Issue Management and Pricing, Post-Issue Management, Listing Requirement of Stock Exchanges. Merchant Bankers and Portfolio Management - Portfolio, Obligation and Responsibility of Portfolio, Manager, Code of Conduct of PM/MB, Portfolio Management Procedure and Strategy.

Block II: Mutual Funds in India.                                 Marks-16

Mutual Funds in India – Definition, Concept, Advantages, Mutual Funds in India, Mutual Funds by Category, Mutual Funds by Schemes.

Block III: Venture Capital.                                            Marks-16

Venture Capital – Features, Financial Support, Technological revolution, Guidelines Issued by the Government/ SEBI.

Block IV: Leasing.                                                             Marks-16

Leasing – Objectives of Leasing, Steps involved in Leasing Factors, influencing Leasing, Types of Lease Financing, Advantages of Leasing, Disadvantages of Leasing. Investors investment, Regulatory aspects of FIIs, NRI-Investment, Foreign Collaboration, Foreign Direct investment, GDR and ADR investment, Drawbacks of Foreign Capital.

Block V: Credit Rating.                                                   Marks-16

Credit Rating – Types of Credit Rating, Limitations of Credit Rating, Scope of Credit Rating, Objectives of Credit Rating, Credit Rating, Process, Credit Rating Agencies in India, Credit Rating and Information Services of India (CRISIL), CRISIL's Rating Process, Investment Information and Credit Rating Agency of India (ICRA).

Recommended Books and Suggested Readings:

1. Khan & Jain : Financial Management: Text and Problems : Tata McGraw Hill, New Delhi.

2. Pandey, I.M. : Financial Management : Vikas Publishing House, New Delhi.

3. Verma, J.C. : A Manual of Merchant Banking : Bharat Law House, New Delhi.

4. Machiraju, H.R. : Merchant Banking Principles and Practice : New Age International, New Delhi.

5. Pezzullo, M.A. : Marketing Financial Services : Macmillan, New Delhi.

Course: COM-404 (B) (4^th Semester)

Security Analysis and Portfolio Management

Credits: 4

Block I: Investment: A Conceptual Framework.                 Marks-16

Investment Environment: Investment vs. Speculation, Investment Process and Categories, Markets and their Functions, Institutional investors and Changing Market, Investment alternatives, Money and Market Instruments: Bonds, Equities, Mutual Funds; Derivatives; Life Insurance.

Block II: Risk and Return.             Marks-16

Technical analysis: Macro-Economic Analysis, Industry analysis & Technical analysis – basic premises.

Block III: Portfolio Management: Risk and Returns.           Marks-16

Fundamentals of portfolio: Introduction to portfolio management, Time, Value & Money, Risk & Return.

Block IV: Portfolio and Pricing Models.                  Marks-16

Portfolio Creation: Modern portfolio theory, Bond valuation, Asset allocation & Portfolio design.

Block V: Mutual Fund Operations.                       Marks-16

Taxes and Investments, Rewards per unit of risk, Excess return and losses.

Recommended Books and Suggested Readings:

1. Fischer, Donald E. and Jordan, Ronald J., Security Analysis and Portfolio Management, Prentice Hall, New Delhi, 2016.

2. Kevin, S., Portfolio Management, Prentice Hall of India, New Delhi, 2006.

3. Pandian, Punithavathy., Security Analysis and Portfolio Management, Vikas Publishing House Pvt. Ltd., New Delhi, 2016.

4. Avadhani, V.A., Security Analysis and Portfolio Management, Himalaya Publishing House, Mumbai, 2018.

5. Gupta K. Shashi, Joshi Rosy, and Gupta, Neeti, Security Analysis and Portfolio Management, Kalyani Publishers, New Delhi, 2018.

6. Bhalla, V.K., Investment Management- Security Analysis and Portfolio Management, S. Chand & Co. Ltd, New Delhi, 2009.

7. M Rangnathan and R Madhumathi: Security Analysis & Portfolio Management Pearson, Delhi. Second Edition

8. Singh Rohini: Security Analysis & Portfolio Management. Excel Books. New Delhi. 2009

9. Narang D.B. and Gaur V.P. Income Tax Law and Practice. Kalyani Publishers, New Delhi, 2019.

10. Ahuja Girish and Gupta Ravi. Direct Taxes Law and Practice. Bharat Law House Pvt. Ltd., New Delhi, 2019.

11. Chandra Prasanna. Investment Analysis and Portfolio Management. Tata McGraw-Hill, New Delhi, 2017.

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