Semester III
Paper Code Theory/ Internal Total
Name of the Subject External Assessment
Innovation and Core 70 30 100
IMSCC-301 Entrepreneurship/ 04 Course
MOOCs
Project Management Core 70 30 100
IMSCC-302 04
Course
FCEL-301A Investment Analysis and 70 30 100
Portfolio Management
FCEL-301B Corporate Tax Planning 04 Elective 70 30 100
FCEL-301C Banking and Insurance 70 30 100
FCEL-302A Financial Systems 70 30 100
FCEL-302B Management of Financial 04 Elective 70 30 100
Institutions
Summer 70 30 100
IMSIN-301 Summer Internship 04 Internship
Project
Project
FCIER-301A Business Analytics Inter 70 30 100
FCIER-301B Inter-Departmental 04 Department 70 30 100
Course al Course
Semester Total 24 420 180 600
IMSCC-301: INNOVATION AND ENTREPRENEURSHIP
Course Objective: The course is designed as a broad overview of entrepreneurship, including
identifying a winning business opportunity, gathering funding for and launching a business,
growing the organization and harvesting the rewards. It is an integrative course one that
combines material introduced to the students in core courses and applies it to the design and
implementation of new ventures. The students are expected to have completed courses in
Management Principles, Marketing, HRM, Productions & Operations, Economics,
Accounting& Finance.
Learning Outcomes: Appreciate and develop entrepreneurial attitude and prerequisites for
becoming an entrepreneur. Demonstrate creativity in identifying opportunities for business
venture. Distinguish between suitability of alternative forms of business organisations for
chosen venture. Familiarize with the procedures for establishing a business venture and
necessary documentary and regulatory compliances and tax issues. Familiarize and identify
sources of finance available for the venture. Display insights into procedure for and advantages
of different IPR's. Relate and apply different strategies in support of a venture. Develop and
display soft skills for managing a team and provide leadership. Prepare projected financial
statements and ratios for key indicators. Prepare a comprehensive business plan. Recognize the
need for social entrepreneurial opportunity and ways to organise the same through own venture
Unit I:
Entrepreneurship: Meaning and objective. Entrepreneurship and its role in Economic
Development. Entrepreneurial Traits and Mindset. Misconceptions and Myths about
Entrepreneurship. Motivation for becoming an Entrepreneur. Entrepreneurship as a Career
Option. Entrepreneurial Leadership.
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Creativity and Innovation. Bottlenecks to Creativity and innovation Disruptive Technology
and generating commercial value from Innovation; Sources of New Ideas, Techniques for
generating Ideas. Accessing Business Potential of an ldea. Idea to Opportunity: Sources of
Opportunity, Opportunity Recognition.
Unit II:
Types of New Ventures, Tax implications of various forms of Ventures. Procedures for setting
up a Business in India. Entrepreneurship and Intellectual Property Rights (IPR): Patents,
Trademarks and Copyrights. Business Plan: Purpose and Contents of a Business Plan.
Marketing Plan: Need for Marketing Research, Industry Analysis, Competitor Analysis,
Market Segmentation, Target Markets, Market Positioning, Marketing Mix, Marketing Plan
and Market Strategy. Operation and Production Plan: Product Design and Specifications.
Unit III:
Types of Production Systems, Location and Layout Decisions, Plant and Technology Choices,
Production Planning and Commercialization.
Financial Plan: Assumptions underlying the Financial Statements. Budgeting. Preparation of
projected Funds Flow and Cash Flow Statement, Profit and Loss Accounts /Income Statement
and Balance Sheet. Key Financial Indicators: Break-Even Analysis, Ratio Analysis, Valuation
Methods, Sensitivity analysis. Financing of New Ventures: Stages of Financing, Sources of
-
Finance Seed Funding, Venture Capital Funding, Bank Funding, Lease Financing. Funding
opportunities and Institutional Support in India for New Ventures. Managing Cash and
Liquidity, Record Keeping, Performing Due Diligence
Unit IV:
Launching a New Venture: Preparing Implementation Plan, Raising Resources, Leveraging
Intellectual property, Organisation Plan: Team Building for the New Venture, Designing
Organisational Structure and Systems Building a Winning Team, Motivating and Inspiring the
Team Members, Monitoring the Technological Trends, Pilot Testing, Understanding Markets,
Market Strategies and Positioning. Managing Growth: Managerial Issues and Growth
Strategies for New Ventures. Revival and Exit: Turnaround Strategies, Liquidation and Exit
Strategies for Entrepreneurs.
Unit V:
Introduction to social enterprises, Social entrepreneurship - need, definition, characteristics
and models. Social leadership, networks and external relationships, revenue models, Measures
of performance of social enterprises, ISO 26000, Local problems and local solutions, Social
audit, Issues in management of Social Enterprises.
Suggested Books:
Kumar A (2012); Entrepreneurship; Pearson, 3 Edition.
Poornima M.CH (2006); Entrepreneurship Development: Small Business Enterprises;
Pearson, 1 Edition.
Kumar A., S.C. Poornima, M.K. Abraham, K. Jayashree (201l); Entrepreneurship
Development; New Age International Publishers, s
Edition.
A.Sahay, M. S. Chhikara (2007); New Vistas of Entreprenership: Challenges
&Opportunities; Excel Books, 1s Edition.
R.K.R. Kummitha (2016); Social Entrepreneurship: Working towards Greater
Inclusiveness; Sage Publications, 1 Edition.
Page 25 of 44
IMSCC-302: PROJECT MANAGEMENT
Objective: The aim is to provide a suitable framework for gaining insight in the process of
preparation, appraisal, monitoring and control of a project. The role project management
techniques and how to mobilize finance for domestic and international projects shall be
highlighte.
Course Outline
Unit I: Basic framework of project
Meaning and importance of a Project, types of projects, project development cycle, the concept
of project nmanagement, project planning and implementation Corporate Strategy and Resource
Allocation, Generation and Screening of Project Ideas -Project identification, Project
formulation and preparation pre-feasibility studies, feasibility studies and Balanced
scorecard,
Unit II: Project Preparation
Market and Demand estimation, market survey, demand forecasting techniques, technical
feasibility, cost of project, estimation of costs, estimation of fund requirement, sources of
funds, project financing in I ndia, loan syndication for projects, tax considerations in project
preparation, plans and project planning tips; design project management
Unit III: Project Appraisal
Cost benefit analysis (Cash flow projections), Financial evaluation- discounted and non
discounted techniques of capital budgeting techniques, project rating index, critical
examination of evaluation techniques,
Economic, commercial, social cost benefit analysis in public and private sectors, investment
criteria and choice of techniques, Treatment of risk and uncertainty -types and risk measuring
techniques, risk sensitivity analysis, probabilityapproach single as well as multiple projects,
allocation of limited capital
Unit IV: Implementation, Monitoring and Control of Projects
Project scheduling, network techniques for resource and cost budgeting and scheduling, project
management teams and coordination, forms of project organizations, project review and
administrative aspects, Monitoring and post completion audit, evaluation of the projects.
Unit V: Contemporary Issues
Contemporary issues in project appraisal and related area, project management principles by
project management institute USA
Page 26 of 44
Suggested Books
Gray, Clifford F., Larson, Erik W. and Desai, Gautam V. (2017). Project management
the managerial process, McGraw hill education, 7h edition,
Chandra, Prasanna (2019), Projects: Preparation, Appraisal, Budgeting and
,
Implementation, 8h edition, Mcgraw hill education
Lester, Albert (2017), Project management, planning and control, 7h edition,
Butterworth-Heinemann.
Gupta, Rajeev M. (2014), Project management, second edition, PHI
Bhavesh Patel (2010), Project management financial evaluation with strategic
planning, networking and control, second edition, Vikas publishing
Nagrajan, K. (2010), Project Management, New Age International Publications.
FCEL-301A: INVESTMENT ANALYSIS& PORTFOLIO MANAGEMENT
Objective: The basic purpose of this course is to develop competencies for analyzing different
investment opportunities and construct an optimal portfolio of investments as per risk profile
and investment objectives with respect to the various avenues of investment and their
management strategies.
Course Outline
Unit I:Investment Environment
Nature and scope of investment decision, Investment vs. speculation, type of investments
commodities, real estate, financial assets and other investment avenues, sources of investment
information, introduction to Indian securities market
Investment Environment: Investment process, Procedure of investment in securities market,
Stock MarketIndices, Role of SEBI with regard to Secondary Markets, The Role and Functions
of Various Players and Agencies in the Secondary Market.
Unit II: Security Valuation and analysis
Equity Valuation and Analysis: valuation of equity & preference shares - different models:
-
dividend discount models constant growth, two-stage, three phase model
Risk and Return trade off - types and measurement, mean variance criterion, Single Index
Model
Risk - types and measurement, Fundamental Analysis vs. Technical analysis, Efficient Market
Hypothesis & its implications to investors.
Bonds: Characteristics, valuation, risk & return, Bond Price & interest rate relationship, bond
duration.
Page 27 of 44
Unit III:Portfolio Construction
Portfolio Managenment: Nature and Scope, Traditional Vs Modern Portfolio Management,
-
Portfolio Risk and Return Diversification & Portfolio Risk
Portfolio Construction: Markowitz Theory (mean variance analysis), Portfolio Analysis &
Construction- Feasible set and the efficient set of Markowitz drawing the efficient set with two
securities, three securities, n securities, effect of risk free lending & borrowing, optimum
portfolio for an investor, construction of optimum portfolio under single index model
Unit IV: Portfolio Performance evaluation
CAPM -Theory and model- capital market line, security market line.Multi factor model,
Arbitrage pricing theory.
Portfolio Revision & Performance Valuation: Need for revision of portfolio, formula plans,
portfolio performance evaluation, risk adjusted measures of portfolio performance evaluations,
Fama's performance attribution model, managed portfolio & its performance evaluation
Unit V:Contemporary issues in Portfolio Management
Case studies in analyzing securities and its valuation, practical cases related to portfolio
management and its analysis, recent developments
Suggested Books
Bodie, Z., Kane, A., Marcus, A. J. & Mohanty, P. (2019). Investnents, McGraw-Hill
Education, 11" Edition.
Chandra, P. (2017). Investment Analysis and Portfolio Management, McGraw-Hill
Education, 5h Edition.
Elton, E. J., Gruber, M. J., Brown, S. J. & Goetzmann, W. N. (2010). Modern Portfolio
Theory and Investnment Analysis. USA, John Wiley & Sons, gh Edition.
Fischer, D. E. & Jordan, R. J, (2002), Security Analysis and Portfolio Management,
Pearson Education, 6h Edition.
Tripathi, Vanita (2019), Security Analysis and Portfolio Management, Taxmann
Publication
England, Holden, C. W (2014). Excel Modeling in Investments, Pearson Education, 5h
Edition.
Ranganathan, M. &Madhumathi, R (2011). Investment Analysis and Portfolio
Management, Pearson Education, 2nd Edition.
Reilly, F. K., Brown, K. C. & Leeds, S. J (2018). Investment Analysis & Portfolio
Management, Cengage Learning, 11h Edition.
Sehgal, S (2005), Asset Pricing in Indian Stock Market, New Century Publications.
Page 28 of 44
FCEL-301B: CORPORATE TAX PLANNING
Objectives: To acquaint the students with the taxation policies and practices applicable to
companies and formulating strategy for tax planning
Unit I:
Basic concepts of income tax, Tax evasion and tax avoidance; tax planning and tax
management, Residential status of a company and incidence of taxation, Corporate tax liability
computation of income under various of heads of income
Unit II
Set off and carry forward of corporate losses, Scope of tax planning for setting of new business,
Location of business undertaking, Nature and size of business,Form of business and ownership
pattePrn, Employee remuneration
Unit III
Tax considerations in specific financial and managerial decisions, Lease or own decision, Make
or buy decision, Repair/renewal or replacement of an asset, Capital structure decision,
Dividend policy and tax considerations
Unit IV
Double taxation relief, Tax provisions regulating transfer pricing, Tax planning relating to
amalgamation and merger of companies, Tax planning with reference to sale of scientific
research assets
Unit V
Recent amendments in corporate tax laws, filing of returns, cases of corporate tax planning
Suggested Books
Singhania, V.K. & Singhania, M. (2019), Corporate tax planning and business tax
procedures, Taxmann 23rd Edition
Ahuja, Girish and Gupta. Ravi(2019), corporate tax planning and management by, Bharat
Law House, 20h Edition.
LakhotiaR. N. & LakhotiaS. (2017), Corporate Tax Planning Handbook, 32nd Edition,
McGraw Hill Education
Agarwal K.K. (2008), Corporate Tax Planning, Atlantic Publishers and Distributors PVT
LTD
Agarwal, K.K.,(2008), Direct Tax Planning and Management, Atlantic Publishers and
Distributors PVT LTD, 5" Edition.
Page 29 of 44
FCEL-301C: BANKING AND INSURANCE
Objective: To provide the students with a deep insight into the two major sectors of the country
banking and insurance.
Unit I: Banking Services
Evolution of banking in India.Bank nationalisation: Justification and Impact. Functions of a
bank,types of banks Procedure for opening & operating of deposit account traditional and
modern methods of Remittances, types of risks faced by banks, digitalization of banking
services: opportunities and challenge, Banker - Customer Relationship : Definition and
Meaning of *Banker" and "Customer"- Permitted activities of Commercial Banks in India -
General and Special Features of theirrelationship, their rights and duties.
Unit II: Banking Operations
Operational Aspect of commercial banks in India, Relationship between Banker and customers,
Types of customer a/c, Cheques,Endorsement, Presentment, Dishonour, Rights and liabilities
of Paying and collecting Banker, Employment of funds byCommercial Banks, Types of
securities, mode of creating charge, Bank guarantees,Regulation of Banks Frauds in Banks,
measures to control frauds.
Unit III: Pricing and Types of Insurance
Introduction to Insurance services Institutions for Insurance and Reinsurance - Economic
Rationale and requirements, Insurance Laws and Regulation, principles of insurance contract
documentation/underwriting and claims.
Marketing of insurance products- Coinsurance, Life Insurance, Auto Insurance, Home
Insurance, Worker Compensation, ESIC, Health Insurance,
Commercial Insurance: Transport, Marine, Catastrophe, Liability etc.
Unit IV:Pricing and Risk Management in Insurance
Insurance Pricing, Asymmetric Information, Moral Hazard, Adverse Selection, Provisions for
Regulation of Insurance Services, IRDA, Pension Plans, Corporate Risk Management and
Insurance
Unit V: Contemporary Issues in Banking and Insurance
Recent developments in banking and insurance, current amendments and reforms
Suggested Books
Shekhar, K.C. & Shekhar, L. (2013), Banking Theory and Practice, Vikas Publishing
House, 21S" Edition
Gulati, N.C. (2011), Banking and Insurance: Principles & Practices, Excel Books.
Dayal, H. (2017). The Fundamentals of Insurance : Theories, Principles and Practices,
Notion Press.
Mishra, M.N. & Mishra, S.B. (2016), Insurance: Principles & Practices, S. Chand
Publishing, 22d Edition
Page 30 of 44
Krishnaswamy, G. (2008), A Textbook on Principles and Practice of Life Insurance,
Excel Books.
FCEL-302A: FINANCIAL SYSTEMS
Objective: The aim of the course is to enable the students to understand the structure and
systems of Financial Markets and financial institutions.
Course Outline
Unit I: Financial Systems & Money Market
An overview of the Indian Financial Systems Definition, Significance and its relationship with
economic development. The constituents of a Financial System, Regulation of organized
financial system in India, Money Market as a part of Financial System.: meaning, role and
features, components: call, treasury bill, commercial bill, commercial paper, financial
guarantee, discount market etc. present position of India
Unit II : Capital Market
The primary and the secondary market:Concept, characteristics and functions. Instruments of
Capital Market,Capital market institutions – The stock exchange, its organization, functions
and control, capital market in India, OTCEland N.S.E &B.S.E.,Regulation of capital market,
Role of SEBI
Unit III: Financial Intermediaries: Banks &NBFC
Commercial banks function and present position; problems of capital adequacy, risk
,
management in banks BASELNorms& other commercial banking reforms. Regulatory role
of RBI Non Banking Financial Intermediaries: meaning role types and features, Investment
institutions their objectives, functions, organizationLIC, GIC, Mutual Funds and other
important NBFCs
Unit IV Financial Services and Instruments
Financial Services: meaning, role features and types of financial services .regulatory
framework of financial services in India, Introduction to marketing of financial services,risk
.
management of financial series Introduction to financial instruments: Meaning, types and
features.Comparison of India Financial System with international financial system
Unit V Recent Developments in Financial System
Cases and recent circulars of RBI and SEBI, developments in the financial system
Suggested Books
Pathak, Bharti V. (2018), Indian Financial System, Pearson Education, New Delhi, 5h
Edition
Bhole, M.K (2017), Financial Institutions and Markets, McGrawHill Education, 6th
Edition.
Page 31 of 44
Khan, M. Y (2019), Indian Financial Systems, McGrawHill Education, 11" Edition.
Srivastava, R.M. & Nigam, Divya (2010), Management of Indian Financial Institutions,
Himalaya Publishing.
Desai, V (2015). Development Banking and Financial Intermediaries, Himalaya
Publishing House.
FCEL-302B: MANAGEMENT OF FINANCIAL INSTITUTIONS
Objective: To provide in- depth understanding of nature and functions of various financial
markets, institutions and instruments.
Course Outline
Unit I: Introduction to Financial Institutions
Introduction to Financial Institutions, Classification of Financial Institutions, Concept of
Apex-Level Institutions, its objectives. Organisation& functions, resource mobilisation Co
ordinational& supervisory role, Financing of other financial Institutions.
Unit II: Management of Commercial Banks
,
Objectives, Functions &Organizational setup Management of deposits, Mobilisation of
Funds, Management of cash position & liquidity, Nature & functions of primary & secondary
reserves, Considerations influencing reserves, Management of loan, advance & other
investments Management of income, Prudential norms. Asset-Liability management in
Commercial Banks.
Unit III: Management of Non-Banking Financial Institutions
Concept, Objectives, Nature, Function & Promotional role of NBFI, Management of funds,
Changing role of NBFI in present environment, Policies & practices regarding mobilisation&
management of funds in NBFCs, their performance. Types & functions of Mutual funds, their
legal & accounting aspects, SEBI & mutual funds, Investment & marketing Strategies of
mutual funds, performance review of mutual funds currently in India Concept, nature and types
of policies, Advantages, Social aspect, Impact on Economy.
Unit IV: Risk Management in Financial Institutions
Risk exposure of financial institutions, Interest risk, market risk, foreign exchange risk,
liquidity risk, Operational risk.
Interest Rate Risk and its management, The Reprising Model, Theories of Interest rate risk,
Duration. Market Risk: The Risk Metrics Model, Monte Carlo Simulation,
Credit Risk management: Default risk models
Page 32 of 44
Unit V: Contemporary Issues
Regulatory structure and practices of Financial Institutions in India, Current scenario and
Contemporary problems.
Suggested Books
Saunders, A. and Cornett, M.M. (2017). Financial Institutions Management, 7
Edition, McGraw Hill Education, New Delhi
Pathak, Bharti V. (2018), Indian Financial System, Pearson Education, New Delhi, 51h
Edition
Bhole, M.K (2017), Financial Institutions and Markets, McGrawHill Education, 6"h
Edition.
Khan, M.Y (2019), Indian FinancialSystems, McGrawHill Education, 11h Edition.
Srivastava, R.M. & Nigam, Divya (2010), Management of Indian Financial Institutions,
Himalaya Publishing.
Desai, V (2015). Development Banking and Financial Intermediaries, Himalaya
Publishing House.
IMSIN-301: SUMMER INTERNSHIP PROJECT
FCIER-301A: BUSINESS ANALYTICS
Objectives: Understand the conceptual foundations of relevant business analytics
methodologies. Understand the nature and scope of analytics in business management
decisions. Understanding the application of various analytical tools including interpreting the
input and communicating the output from these tools and models with their advantages and
limitations Understand the application of these analytical tools to assist business decisions.
Support Business decisions with analytical, research and managerial skills.
Learning Outcomes: The Students would be able to understand the benefits provided by
analytical methods in business management. Manage technical challenges to plan, gather,
analyse and interpret research information. Be able to access the appropriateness of analytical
methods for different applications. Have gained hands-on analytical application skills utilizing
relevant software. Be able to properly interpret and communicate methodological results.
Resolve marketing decision problems and make sound business decisions using analytics.
Unit I:
Overview of Business Analytics, Analytical Methods and Models, Use of Analytics in Business
Practices, Concept of Big Data, Types of Data, Hands on Practice on Data in Excel.
Unit II:
Concept of Data Visualization, Data visualization and Storytelling Through data, Data
Visualization Techniques, Data Visualization Through Advanced Chart, Time Series Data
Analysis and forecasting.
Page 33 of 44
Unit III:
Data Mining and Management, Data Mining Tools, Data Mining Process, Data Mining
Through Social Media, Summarize Marketing Data, Data Reduction methods, Metrics for
Business Management, Pricing Analytics.
Unit IV:
Introduction toR and R-Studio software, Data Analysis Through R, Web and Social Media
Analytics, Sentiment Analysis, Social Network Analytics, Text Analytics, Hands on practice
on Data Analysis using R
Unit V:
Optimization Techniques, Linear Optimization Models, Sensitivity Analysis, Decision
Analysis, Decision Analysis without Probabilities, Decision Analysis with Probabilities.
References:
Lilien, G. L., Rangaswamy, A., & De Bruyn (2007); Principles of
Marketing Engineering;
Trafford Publishing, 3rd edition.
Linoff, G. S., & Berry, M. J. (2011); Data mining techniques for marketing, sales, and
customer relationship management; John Wiley & Sons, 3rd Edition.
S.
Scheps (2011); Business Intelligence; For Dummies; 1 Edition.
E. Siegel& TH. Davenport (2013); Predictive Analytics: The Power to Predict Who Will
Click, Buy, Lie, or Die; Wiley, 19 Ediction.
Pochiraju, Bhimasankaram, Seshadri& Sridhar (2019); Essentials of
Business
Analytics; Springer International Publishing, 1 Edition.
FCIER-301B: INTER-DEPARTMENTAL COURSE
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