SYLLABUS STRUCTURE FOR DEPARTMENT OF COMMERCE (NEP-2020) W.E.F.

SESSION 2024-25
FIRST SEMESTER
Paper Paper Paper Title End Credit Mid Sessional Practical Total
Code
End Sess.
CORE-I Paper-I Financial Accounting 100 04 20 20 140
Paper-II Cost Accounting 100 04 20 20 140
CORE- Paper-I Business Organization 100 04 20 20 140
II Management
MDC Paper-I To be opted by students 100 03 20 20 140
AEC Paper-I Odia/Hindi/Urdu/Sanskrit 100 04 20 20 140
VAC Paper-I Environmental Studies & Disaster 100 03 20 20 140
Management
Total 600 22 120 120 840
SECOND SEMESTER
CORE-I Paper-III Corporate Accounting and 100 04 20 20 140
Reporting
Paper-IV Income Tax Laws and Practice 100 04 20 20 140
CORE- Paper-I Business Statistics and Data 100 04 20 20 140
III Interpretation
MDC Paper-II To be opted by students 100 03 20 20 140

AEC Paper-II English (Business Communication) 100 04 20 20 140

SEC Paper-I Quantitative and Logical Thinking 100 04 20 20 140

Total 600 23 120 120 840
THIRD SEMESTER
CORE-I Paper-V Financial Markets and Institution 100 04 20 20 140
Paper-VI GST and other indirect 100 04 20 20 140
taxes(customs)
Paper-VII Management Accounting 100 04 20 20 140
CORE- Paper-II Fundamentals of Investment and 100 04 20 20 140
II Planning
MDC Paper-III To be opted by students 100 03 20 20 140

VAC Paper-II Ethics & Value 100 03 20 20 140

Total 600 22 120 120 840
FOURTH SEMESTER
CORE-I Paper- Financial Management and Risk 100 04 20 20 140
VIII Management
 Paper-IX Auditing and Corporate 100 04 20 20 140
Governance
Paper-X Corporate Legal Framework 100 04 20 20 140
CORE- Paper-II Business Regulatory Framework 100 04 20 20 140
III
CE & S Paper-I Internship Program or Field Work 100 04 100
on Community Arts and Culture/
Financial Inclusion
Total 500 20 80 80 660
FIFTH SEMESTER
CORE-I Paper-XI Financial Statement Analysis 100 04 20 20 140
Paper-XII Business Data Analytics 100 04 20 20 140
Paper- Fundamentals of IND-AS & IFRS 100 04 20 20 140
XIII
CORE- Paper-III Digital Marketing 100 04 20 20 140
II
SEC Paper-II Income Tax E-Return Filing 100 04 20 20 140
VAC Paper-III Understanding Odisha 100 03 20 20 140

Total 600 23 120 120 840

SIXTH SEMESTER

CORE-I PaperXIV Fundamentals of Financial 100 04 20 20 140

Modelling
Paper- Business Application Software 100 04 20 20 140
XV
CORE- Paper-III Business Mathematics 100 04 20 20 140
III
SEC Paper-III Project Management 100 03 20 20 140
VAC Paper-IV Research Methodology 100 03 20 20 140
Total 500 18 100 100 700

Core-I Disciplinary Major

Core-II Minor
Core-III Minor
AEC Ability Enhancement Course
SEC Skill Enhancement Course
MDC Multidisciplinary Course
VAC Value Added Course
CE&S Community Engagement & Services
 Semester-I
Paper CORE-I
Paper Code Paper-I
Paper Title Financial Accounting
Credit Points 4
Course The course aims to help learners to acquire conceptual knowledge on financial accounting, to impart skills for
Objectives recording various kinds of business transactions and to prepare financial statements
Course Outlines UNIT- I: Introduction
Accounting principles: Concepts and Conventions. Introduction to Accounting Standards and Indian
Accounting Standards (AS &Ind-AS), Accounting Cycle: Journal, Ledger, Trial Balance, Financial Statements
(IND AS-1). Capital & Revenue Recognition (IND AS 18), Accounting for Inventory (IND AS-2)
Depreciation (IND AS-16): Nature of depreciation causes of depreciation, Factors, Methods of computing
depreciation; Disposal of depreciable assets- change of method, Relevant Accounting Standard. Final Accounts:
Preparation of Financial Statements of a Sole Trader including adjustments. Errors & their rectification

UNIT-II: a) Accounting for partnership Firms: Partner’s Capital Accounts; profit and Loss Appropriation
Account, Accounts Prepared on admission, Death and Retirement of Partners; Accounts on Dissolution of
partnership Firm.
b) Accounting for Hire purchase and Installment Purchase; Lease accounting (IND AS 116)/ Royalty
accounting

UNIT-III: Accounting for Branch and Not-for Profit organizations

(a) Accounting for Branch: Concept of Dependent branches: Branch Accounting - debtors system, stock
and debtors’ system, branch final account system and wholesale basis system. Independent branches: concept,
accounting treatment with necessary adjustment entries; Incorporation of Branch Trial Balance in Head Office
Books for home branches.
(b) Accounting for Not-for-Profit Organizations: Meaning of Not-for-Profit Organization; Significance
of Receipt and Payment Account, Income and Expenditure Account and Balance Sheet; Difference between
Profit and Loss Account and Income and Expenditure Account; Preparation of Receipt and Payment Account,
Income and Expenditure Account and Balance Sheet.

UNIT- IV: Computerized Accounting Systems: Computerized Accounting Systems Computerized Accounts
by using any popular accounting software Creating a Company; Configure and Features settings; Creating
Accounting Ledgers and Groups; Creating Stock Items and Groups; Vouchers Entry; Generating Reports - Cash
Book, Ledger Accounts, Trial Balance, Profit and Loss Account, Balance Sheet, and Cash Flow Statement.
Selecting and shutting a Company; Backup, and Restore data of a Company.
Course At the end of this course the learner will be able to;
Outcomes CO1: Apply the generally accepted accounting principles while recording transactions and preparing financial
statements of sole-traders;
CO1: Compute depreciation and inventories to be recorded in financial statements
CO3: Demonstrate accounting process under computerized accounting System; CO4:
Create financial statements of sole proprietor and partnership firms;
CO5: Prepare accounts for inland branches and not-for-profit organizations.

Suggested • Goyal,Bhusan Kumar- Fundamentals of Financial Accounting Taxmann’s.

Readings • S.P. Jain and K.L. Narang- Financial Accounting– Kalyani Publisher
• Gupta R.L. Radhaswamy. M-Financial Accounting, Sultan Chand and Sons
• R.K. Mittal / [Link]/ Sahadev Swain, Financial Accounting, VK Global Publication
• Tulsian P.C., Financial Accounting, Pearson Education
• S.N. Maheshwari, and. S. K. Maheshwari. Financial Accounting. Vikas Publishing House.
Jawahar Lal & S. Srivastava, B. Com- Financial Accounting, Himalaya Publishing House.
Paper CORE-I
Paper Code Paper-II
Paper Title Cost Accounting
Credit Points 4
Course The course aims:
Objectives 1. To develop understanding among learners about contemporary cost concepts and rational approach
towards cost systems and cost ascertainment.
2. To provide knowledge about various methods of cost determination under specific situations.
3. To acquire the ability to use information determined through cost accounting for decision making
purposes.
Course Outlines Unit 1:
Introduction: Meaning, scope, objectives and advantages of cost accounting; Difference between financial and
cost accounting. Cost concepts and classifications, Cost centre, profit centre and responsibility centre, Overview
of elements of cost and preparation of Cost Sheet for manufacturing sector. Role of a cost accountant in an
organization. Cost Accounting Standards (CAS – 4 on Cost of Production / Acquisition / Supply of Goods /
Provision of Services) and (CAS – 22 on Manufacturing Cost) as amended from time to time. Unit 2: Elements
of Cost: Material and Employee Cost
(a) Materials: Accounting and control of purchases, storage and issue of materials. Techniques of
inventory control, Periodic and perpetual systems of maintaining inventory records, an overview of methods of
pricing of materials issues — FIFO and Weighted Average price method, Valuation of materials as per CAS – 6
on Material Cost, Accounting treatment of losses— Wastage, scrap, spoilage and defectives.
(b) Employee (Labour) Cost: Accounting and Control of employee cost. Time-keeping and timebooking.
Employee turnover: meaning, methods of measurement and accounting treatment. Concept and treatment of
idle time and overtime. Methods of wage payment and Incentive schemes- Halsey, Rowan, Taylor’s differential
piece wage.
Unit 3: Elements of Cost: Overheads
Classification, allocation, apportionment and absorption of overheads, Under and over- absorption of overheads;
Capacity Levels and Costs; Treatments of certain items in costing like interest and financing charges, packing
expenses, bad debts, research and development costs.
Unit 4: Methods of Costing
Job costing, Contract costing, Process costing/ Operation Costing (including process losses, valuation of work-
in-progress), Service costing/Operating costing and Activity Based Costing.

Course After completion of the course, learners will be able to:

Outcomes CO1: Understand and analyse the different cost concepts.
CO2: Analyse various components of cost of production.
CO3: Compute unit cost and total cost by preparing a cost statement.
CO4: Compute employee cost, employee productivity and employee turnover. CO5: Determine cost for different
industries using job costing, process costing, contract costing and service costing.

Suggested ● Tulsian, P.C. (2020).Cost Accounting. Delhi, India: [Link]. "Advanced Cost Accounting" by Saxena
Readings and Vashist - published by Kalyani Publishers, Cuttack, Odisha. Arora, M.N. (2021). Cost Accountingprinciples
and practice. Delhi, India: Vikas Publishing House. ● Goel, R. K., & Goel, I. (2019).Concept Building
Approach to Cost Accounting for [Link] (Hons.)/[Link].. Delhi, India: Cengage Publications. ●
Gupta, S., Reeta, & Prabhakar, R. R. (2021).Cost Accounting for [Link]. Delhi, India: Sultan Chand. ●
Maheshwari, S. N., & Mittal, S. N. (2020).Cost Accounting. Theory and Problems. Delhi, India: Shri
Mahaveer Book Depot.
● Maheshwari, S. N., Mittal S. K. & Mittal, S.N. (2021). Cost Accounting: Principles & Practice, Delhi,
India: Shree Mahaveer Book.
● Mitra, J. K. (2021).Cost and Management Accounting. Delhi, India: Oxford University Press.
● Nigam, B. M. L. & Jain, I. C. (2023). Cost Accounting: Principles and Practice. Delhi, India: PHI
Learning.
● Singh, S. (2019). Fundamentals of Cost Accounting. Allahabad, India: Kitab Mahal
 Paper CORE-II
Paper Code Paper-I
Paper Title Business Organization & Management
Credit Points 4
Course The course aims to acquaint learners with the basics of Business concepts and functions, forms of
Objectives Business Organisation and functions of Management.
Course Outlines Unit 1: Concept and Forms of Business Organisations
Concepts of Business, Trade, Industry and Commerce- Objectives and functions of Business– Social
Responsibility of a business, Ethical Conduct & Human Values. Forms of Business
Organisation-Meaning, Characteristics, Advantages and Disadvantages of Sole Proprietorship –
Meaning, Characteristics, Advantages and Disadvantages of Partnership - Kinds of Partners -
Partnership Deed - Concept of Limited liability partnership – Meaning, Characteristics, Advantages
and Disadvantages of Hindu Undivided Family – Meaning, Advantages and Disadvantages of Co-
operative Organisation and Joint Stock Company.

Unit 2: Principles and Functions of Management Management

Meaning - Characteristics - Fayol’s 14 Principles of Management. Functions of Management;
Planning, Organising, Staffing, Directing, Coordinating and Controlling; Levels of Management,
Skills of Management, Scientific Management - meaning, objectives, relevance and criticism.

Unit 3: Leadership and Management

Distinction between leadership and management, Leadership theories (trait theory, behavioral theory,
contingency theory), Management styles (autocratic, democratic, laissez-faire), Developing
leadership skills and competencies

Unit 4: Decision-Making Processes and Application

Types of decisions in organizations, Decision-making models (rational, bounded rationality,
intuitive), Factors influencing decision-making, Ethical considerations in decision-making, Case
studies and real-world examples, Application of management principles to practical scenarios
Course At the end of this course the learner will be able to;
Outcomes CO1: Distinguish and explain each form of business
CO2: Prepare draft of Article of Association & Memorandum of Association for a business
CO3: Explain principles and functions of management implemented in the organisation
CO4: Identify the managerial skills used in business
CO5: Analyse the concept of Delegation of Authority, coordination, and control.
Suggested • Management Concepts and Organizational Behaviour" by K. Aswathappa - published by
Readings Himalaya Publishing House, Cuttack, Odisha.
• Business Organisation and Management" by M. C. Shukla and T. S. Grewal - published by
Sultan
Chand & Sons, Bhubaneswar, Odisha.
• Business Organization and Management" by K. C. Gupta - published by V K Publications,
Bhubaneswar, Odisha.
• Essentials of Business Organisation and Management" by S. K. Bhatia - published by Kalyani
Publishers, Cuttack, Odisha.
• Daft, R. L. (2015). Organization theory & design. Cengage Learning.
• Drucker, P. F. (2017). The effective executive: The definitive guide to getting the right things
done.
Harper Collins.
• Kotter, J. P. (2014). Leading change. Harvard Business Review Press.
• Mintzberg, H., Ahlstrand, B., &Lampel, J. (2019). Strategy safari: A guided tour through the
wilds of strategic management. Routledge.
• Robbins, S. P., Coulter, M., &DeCenzo, D. A. (2017). Fundamentals of management.
Pearson.
• Principles of Management, Neeru Vasisth, Taxman
Paper VAC
Paper Code Paper-1
Paper Title Environmental Studies and Disaster Management
Credit Points 3
Course To have knowledge of different types of pollution caused due to industries and constructional activities so that he
Objectives may help in balancing the ecosystem and controlling pollution by various control measures. Students should also
be aware of environmental laws related to the control of pollution. Students should know how to manage the
waste and should know the concept of hazards and disaster management.
Course Outlines Unit 1: Multidisciplinary nature of environmental studies Definition,
scope and importance, Need for public awareness
Environmental Pollution
Definition, Cause, effects and control measures of: - a)
Air pollution
b) Water pollution
c) Soil pollution
d) Marine pollution
e) Noise pollution
f) Radiation pollution
Unit 2: Natural Resources: Renewable and non-renewable resources:
Natural resources and associated problems.
a) Forest resources: Use and over-exploitation, deforestation, case studies. Timber extraction, mining, dams
and their effects on forest and tribal people.
b) Water resources: Use and over-utilization of surface and ground water, floods, drought, conflicts over
water, dams-benefits and problems.
c) Mineral resources: Use and exploitation, environmental effects of extracting and using mineral resources,
case studies.
d) Food resources: World food problems, changes caused by agriculture and Overgrazing, effects of modern
agriculture, fertilizer-pesticide problems, waterlogging, salinity, case studies.
e) Energy resources: Growing energy needs, renewable and nonrenewable energy sources, use of alternate
energy sources. Case studies. Biodiversity: -
Introduction-Definition; Biogeographically classification of India India as a mega diversity nation. Hot sports of
biodiversity, Threats to biodiversity. Endangered and endemic species of India. Conservation of biodiversity. In
Situ and Ex-so conservation of biodiversity

Unit-3: Disaster Management Disaster Management: Types of disasters (natural and Man-made) and their causes
and effect)
1. Vulnerability Assessment and Risk analysis: Vulnerability to various disasters (Flood, Cyclone,
Earthquake, Heat waves, Desertification and Lighting)
2. Institutional Framework: Institutional arrangements for disaster management (National Disaster
Management Authority (NDMA), State Disaster Management Authority (SDMA), Disaster Management Act,
2005, District Disaster Management Authority (DDMA), National Disaster Response Force (NDRF) and Odisha
Disaster Rapid Action Force (ODRAF)
3. Preparedness measures: Disaster Management cycle, Early Warning System, Pre-Disaster and
PostDisaster Preparedness, strengthening of SDMA and DDMA, Community Preparedness for flood cyclone, heat
waves, fire safety, lightening and snake biting. Stakeholders’ participation, Corporate Social Responsibility
 (CSR)
4. Survival Skills: Survival skills adopted during and after disaster (Flood, Fire, Earthquake, Cyclone and
Lightening), Disaster Management Act-2005, Compensation and Insurance

Unit 4: Social Issues and the Environment

a) Environmental Ethics: Issues and possible solutions.
b) Climate change, global warming, acid rain, ozone layer depletion, nuclear accidents and holocaust.
Case studies
c) Environment Protection Act
d) Air (Preservation Control of Pollution) Act
e) Water (Preservation Control of Pollution) Act
f) Wildlife Protection Act
g) Forest Conservation Act
h) Solid waste management Cause, effect and Control Measure of Urban and Industrial waste (Role of
each individual in conservation of Natural resources and prevention of pollution)

A. Human Population and the Environment Population Ecology: Individuals, species, population,
community Human population growth, population control method Urbanisation and its effect on society

Unit 5: Field work

Visit to an area to document environmental assets: river/forest/flora/fauna, etc.
• Visit to a local polluted site- Urban/Rural/Industrial/Agricultural
• Study of common plants, insects, birds and basic principles of identification Study of simple
ecosystems-pond, river, Delhi Ridge,etc.

Course After undergoing the subject, the student will be able to:
Outcomes • Comprehend the importance of ecosystem and sustainable development.
• Demonstrate interdisciplinary nature of environmental issues
• Identify different types of environmental pollution and control measures.
• Explain environmental legislation acts.
• Demonstrate positive attitude towards judicious use of energy and environmental protection
• Practice energy efficient techniques in day-to-day life and industrial processes.
• Analyze the impact of human activities on the environment
• Understand the basic concept of disaster and hazards.
• Analyze the impact of disaster on various social components.
Suggested "Environmental Studies: From Crisis to Cure" by R. Rajagopalan - published by Kalyani Publishers, Cuttack,
Readings Odisha.
"Environmental Studies" by Anindita Dev - published by Eastern Book Company, Bhubaneswar, Odisha.
"Disaster Management: Principles and Practices" by S. K. Sahu - published by Ganesh Prakashan, Odisha.
"Environmental Science and Disaster Management" by S. K. Sahu and K. C. Mohapatra - published by BK
Publications, Bhubaneswar, Odisha.
"Disaster Management: Concepts and Practices" by M. C. Reddy - published by A. P. H. Publishing Corporation,
Odisha.
"Environmental Science" by S. K. Sahu - published by VK Publications, Bhubaneswar, Odisha.
"Disaster Management: Planning and Preparedness" by P. K. Dalei - published by Ganesh Prakashan, Odisha.
"Environmental Studies and Disaster Management" by A. K. Mishra - published by Eastern Book Company,
Bhubaneswar, Odisha.
 Semester II

Paper CORE-I
Paper Code Paper-III
Paper Title Corporate Accounting and Reporting
Credit Points 4
Course The course aims to:
Objectives 1. Understand the principles of corporate accounting and financial reporting.
2. Apply accounting standards and regulations to prepare and analyze financial statements.
3. Interpret financial information to assess the financial performance and position of a company.
4. Develop skills in financial reporting and disclosure requirements for different stakeholders.
5. Analyze contemporary issues and challenges in corporate accounting and reporting.
Course Outlines Unit1:Accounting for Share Capital and Debentures
Types of shares; Issue and Pro-rata allotment of shares; concept & process of book building; forfeiture and
reissue of forfeited shares; Issue of rights and bonus shares; ESOPs and Buy Back of shares. Issue and
redemption of preference shares; Issue and redemption of debentures;
Unit 2: Final Account of Companies including one Person Company (IND-AS.1)
Preparation of financial statements of corporate entities including one Person company (excluding calculation
of managerial remuneration) as per Division I and II of Schedule III of the Companies Act 2013; Preparation of
Financial Statements.
Unit 3: Corporate Reconstruction and Profit or Loss Prior to Incorporation
Internal Reconstruction: Different forms of Internal Reconstruction; Accounting treatment for alteration of
share capital and reduction of the share capital; Preparation of balance sheet after Internal Reconstruction.
External Reconstruction: accounting for amalgamation in the nature of merger and in the nature of acquisition
(IND-As.103)
Profit or loss Prior to Incorporation: Meaning of profit or loss prior to incorporation; accounting treatment of
profit or loss prior to incorporation.
Unit4:Consolidated Financial statement and Reporting
Consolidation process and elimination entries, Intercompany transactions, Revaluation of assets and liabilities,
Non-controlling interests (NCI), equity method investments (IND-As.110), issue of bonus shares and
distribution of dividend from pre and post acquisition period. Preparation of consolidated financial statements.
Reporting: Financial reporting (As per IND-As.1), non-financial reporting: Business Responsibility and
Sustainability Reporting (As per LORD, SEBI), Environmental Social And Governance Reporting,
Sustainability Reporting (As per GRI), Integrated Reporting (As per IIRC).

Course After completion of the course, learners will be able to:

Outcomes CO1: Understanding of Corporate Accounting Principles.
CO2: Preparation and Analysis of Financial Statements.
CO3: Interpretation of Financial Information.
CO4: Financial Reporting Skills.
CO5: Analysis of Contemporary Issues.

Suggested • Goyal, B. K., Corporate Accounting. New Delhi: Taxmann Publication.

Readings • Jain, S. P., &Narang, K. L. Corporate Accounting. New Delhi: Kalyani Publishers. • Maheshwari,
S. N., Maheshwari, S. K., &Maheshwari, S. K. Corporate Accounting. New Delhi: Vikas Publishing
House.
• Mukherjee, A., &Hanif, M. Corporate Accounting. New Delhi: Tata McGraw Hill Education.
• Shukla, M. C., Grewal, T. S., & Gupta, S. C. Advanced Accounts. Vol.-II. New Delhi: S. Chand
Publishing.
• Sehgal, A. Fundamentals of Corporate Accounting. New Delhi: Taxmann Publication.
• Dam, B. B. &Gautam, H. C. Corporate Accounting. Guwahati: Gayatri Publications.
• Goyal, V. K., &Goyal, R. Corporate Accounting. New Delhi: PHI Learning.
• Monga, J. R. Fundamentals of Corporate Accounting. New Delhi: Mayur Paperbacks.
 Paper CORE-I
Paper Code Paper-IV
Paper Title Income Tax Laws and Practice
Credit Points 4
Course 1. The course aims to provide knowledge of the various provisions of income-tax law in India and
Objectives enable the learners to apply such provisions to compute total income and tax liability of individuals. 2.
It also aims to enable learners to understand the provisions relating to filing of return of
income.

Course Outlines UNIT-I: Introduction

(a) Basic concepts: Income, agricultural income, person, assessee, assessment year, previous year, gross
total income, total income, maximum marginal rate of tax; Permanent Account Number (PAN)
(b) Residential status–Meaning, Determination of Residential Status, Scope of total income on the basis
of residential status, Exempted income.
UNIT-II: Computation of Income under different Heads
Income from Salaries, Income from house property, Profits and gains of business or profession, Capital gains &
Income from other sources.
UNIT-III: Computation of Total Income and Tax Liability
Aggregation of income and set-off and carry forward of losses, Deductions from Gross Total Income,
Exemptions, Rebates and reliefs, Computation of total income of individuals; Tax liability of an individual.
UNIT-IV: Preparation of Return of Income
Filing of returns: Manually, Assessment Procedures, Filing of Returns, Return Forms, Provision & Procedures
of Compulsory On-Line filing of returns for specified assesses.
Course After completion of the course, learners will be able to:
Outcomes CO1: Comprehend the concepts of taxation, including assessment year, previous year, assesses, person, income,
total income, agricultural income and determine the residential status of persons;
CO2: Compute income under different heads, applying the charging provisions, deeming provisions, exemptions
and deductions;
CO3: Apply the clubbing provisions and provisions relating to set-off and carry forward of losses to determine
the gross total income;
CO4: Calculate the tax liability of an individual as well as deductions from gross total income and determine the
total income of an individual;
CO5: Comprehend the provisions relating to filing of return of income;

Suggested • Singhania, V. K., &Singhania, M. Student’s Guide to Income Tax including GST-Problems &
Readings Solutions. New Delhi: Taxmann Publications Pvt. Ltd.
• Gaur, V. P., Narang, D. B., & Gaur, P. (2018). Income Tax Law and Practice. New Delhi: Kalyani
Publishers. • Singhania, V. K., & Singhania, K. (2020). Direct Taxes: Law & Practice. New Delhi:
Taxmann Publication.
• Ahuja, G., & Gupta, R. Simplified Approach to Income Tax. New Delhi: Flair Publications [Link].
• Study material of ICAI Intermediate Paper 4A: Income-tax Law.
Paper CORE-III
Paper Code Paper-I
Paper Title Business Statistics and Data Interpretation
Credit Points 4
Course The course aims to develop amongst the learners the ability to summarise, analyse and interpret quantitative
Objectives information for business decision making
Course Outlines Unit 1: Descriptive Statistics
Measures of Central Tendency: Concept and properties of averages including Arithmetic mean,
Median and Mode. Measures of Dispersion: An overview of Range, Quartile Deviation and Mean Deviation;
Standard deviation; Variance and Coefficient of variation. Moments: Computation and significance; Skewness;
Kurtosis.
Use Microsoft Excel for data analysis and interpretation
Unit 2: Probability and Probability Distributions
Theory and approaches to probability; Probability Theorems: Addition and Multiplication; Conditional
probability and Bayes’ Theorem. Expectation and variance of a random variable. Discrete Probability
distributions: Binomial and Poisson (Properties and Applications). Normal distribution:
Properties of Normal curve; Computation of Probabilities and Applications.
Use Microsoft Excel for data analysis and interpretation
Unit 3: Simple Correlation and Regression Analysis
Correlation Analysis: Meaning and types of Correlation; Correlation Vs Causation; Pearson’s coefficient of
correlation (computation and properties); Probable and standard errors; Rank correlation.
Regression Analysis: Principle of least squares and regression lines; Regression equations and estimation;
Properties of regression coefficients; Relationship between Correlation and Regression coefficients; Standard
Error of Estimate.
Use Microsoft Excel for data analysis and interpretation
Unit 4: Time Series Analysis and Index Numbers
Time Series Data; Components of time series; Additive and Multiplicative models. Trend analysis; Fitting of
trend using principle of least squares – linear and second-degree parabola. Shifting of Origin and Conversion of
annual linear trend equation to quarterly/monthly basis and vice-versa. Meaning and uses of index numbers.
Construction of Index numbers: Methods of Laspeyres,
Paasche and Fisher’s Ideal index.
Use Microsoft Excel for data analysis and interpretation
Course CO1: Examine and understand the various descriptive properties of statistical data;
Outcomes CO2: Evaluate probability rules and concepts relating to discrete and continuous random variables to answer
questions within a business context;
CO3: Analyse the underlying relationships between the variables to use simple regression models; CO4: Analyse
the trends and tendencies over a period of time through time series analysis; CO5:
Examine and apply index numbers to real life situations.
Suggested ●Anderson, D. R. (2019).Statistics for learners of Economics and Business. Boston, United States:
Readings Cengage Learning.
"Statistics for Management" by Richard I. Levin and David S. Rubin - published by Kalyani Publishers, Cuttack,
Odisha.
●Douglas A. Lind, Robert D. Mason, William G. Marchal. (2022).
●Gupta, S. C., & Gupta, I. (2018). Business Statistics. Mumbai, India: Himalaya Publishing House. ●Gupta,
S. P., & Gupta, A. (2018). Business Statistics: Statistical Methods. Delhi, India: S. Chand Publishing.
●Hazarika, P. A. (2012).Textbook of Business Statistics. Delhi, India: S. Chand Publishing.
●Levin, R., Rubin, D. S., Rastogi S., &Siddqui, M. H. (2017). Statistics for Management. London, United
Kingdon: Pearson Education.
●Murray, R.S., Stephens, L.J. (2017). Statistics. Uttar Pradesh, India: Tata McGraw Hill edition.
●Thukral, J. K. (2021). Business Statistics. Delhi, India: Taxman Publication.
●Tulsian, P.C., & Jhunjhunwala, B. (2020).Business statistics. Mumbai, India: S. Chand publishing.
●Vohra, N. D. (2017).Business Statistics. Delhi, India: McGraw-Hill Education India.
Paper SEC
Paper Code Paper-I
Paper Title Quantitative and Logical Thinking
Credit Points 3
Course 1. To select and apply appropriate methods to solve real world problems;
Objectives 2. To interpret quantitative model and understand a variety of methods of
communicating them;
3. To improve decision making skills, problem solving skills and setting goals.
Course Unit –I: Whole numbers, Integers, Rational and irrational numbers, Fractions, Square roots
Outlines and Cube roots, Surds and Indices, Problems on Numbers, Divisibility; Steps of Long
Division Method for Finding Square Roots.
Unit –II: Basic concepts, Different formulae of Percentage, Profit and Loss, Discount,
Simple interest, Ratio and Proportion, Mixture, Time and Work, Pipes and Cisterns, Basic
concepts of Time, Distance and Speed; relationship among them
Unit –III: Concept of Angles, Different Polygons like triangles, rectangle, square, rightangled
triangle, Pythagorean Theorem, Perimeter and Area of Triangles, Rectangles, Circles.
Unit-IV: Analogy basing on kinds of relationships, Simple Analogy; Pattern and Series of
Numbers, Letters, Figures. Coding-Decoding of Numbers, Letters, Symbols (Figures), Blood
Relations. Logical Statements – Two premise argument, more than two premise argument
using connectives; Venn Diagrams, Mirror Images, Problems on Cubes and Dices.

Course After completion of the course, learners will be able to

Outcomes CO1: To apply appropriate methods to solve real world problems,
CO2: To understand various methods to solve the difficulties and communicating thereafter,
CO3: To draw conclusion and / or make decisions based on analysis and critique of quantitative
information using proportional reasoning.

Suggested (a) Skill Enhancement Compulsory Course-II – Quantitative and Logical Thinking (Special
Readings Course) – Odisha State Higher Education Council, Bhubaneswar
Paper AEC
Paper Code Paper-II
Paper Title English (Business Communication)
Credit Points 4
Course The course aims to:
Objectives 1. Train students to enhance written as well as oral communication in the corporate world. 2.
Help students in understanding the principles and techniques of business communication.
3. Assist the students in demonstrating the skill of effective report writing and summarizing annual
reports.
4. Guide the students in oral presentation
5. Make the student understand the use of electronic media for communication.
6. Prepare the students to appear in the Interview confidently.

Course Outlines Unit-I: Writing Formal Letters

a) Types of Letters – Circulars, Complaints, Memo, Promotional Content, Sales, Recovery / Remittances;
Detailed Formats. Writing Formal Mails Writing Effective Mails, Essential elements of Mails, Tips and
Conventions
b) Resume Writing Essential elements of Resume, Tips and Conventions Meetings Notice, Agenda,
Drafting Minutes, Action Taken Report.
Unit-II: Report Writing
Types of reports, Formal report: components and purpose. Organising information: outlining & numbering
sections, section headings, sub-headings, & presentation. Writing reports on field work/visits to industries,
business concerns. Summarising annual reports of companies: purpose, structure and principles. Drafting
minutes.
Unit-III: Business Correspondence and E-Correspondence
Office circulars, notices and orders; Technology for communication; Effective IT communication tools;
Electronic mail: advantages, safety and smartness in email. Email etiquettes
Unit-IV: Spoken English and Oral Presentation
Effective negotiation: elements, process and general guidelines. Telephonic conversation. Personal Interview
Skills. Group Decision Skills. Making presentations: content and organising.
Features of a good presentation. Delivering a presentation.
Course After completion of the course, learners will be able to:
Outcomes CO1: Explain the need for communication in management.
CO2: Draft a report properly with complete structure.
CO3: Demonstrate the skill of effective report writing and summarizing annual reports.
CO4: Analyse business correspondence and e-correspondence.
CO5: Gain confidence in public speaking and presentations. CO6: Appear
in the Interview with confidence
Suggested • Bhatia, R. C. (2008).Business Communication. New Delhi: Ane Books Pvt. Ltd.
Readings • Bell, R. & Martin, J. (2014).Managerial Communication. Business Expert Press. Kaul, A. (2015).
Effective Business Communication (2nd ed.). PHI learning.
• Lesikar, R. V. & Flatley, M. E. (2001). Basic Business Communication Skills Meyer C, D. (2021).
• Communicating for Results, Oxford University Press.
• Quintanilla, Kelly, M. (2021). Business and Professional [Link]
Textbook.
• Raman, M. & Singh, P. (2012).Business Communication. Oxford University Press.
• Scot, O. (2004).Contemporary Business Communication. New Delhi: Biztantra.
 MDC OF COMMERCE FOR STUDENTS OF OTHER DEPARTMENTS:

Paper-I: Principles of Management

Paper-II: Financial Literacy
Paper-III: Fundamentals of Entrepreneurship and E-Commerce
Paper MDC (Semester-1)
Paper Code Paper-I
Paper Title PRINCIPLES OF MANAGEMENT
Credit 3
Points

Course To acquaint the students with the basic process and principles of management and to make them aware of the
Objectives important management functions and practices.

Course Unit – I: Introduction

Outlines Meaning, characteristics and significance of Management Functions of Management Theory base of
Management – Classical (Taylor and Fayol); Neo Classical (Mayo and Barnard); Modern (Systems and
Contingency theory); Contemporary (Drucker and Porter)
Unit – II: Planning and Organizing
Planning – Meaning and characteristics; Planning premises and planning process; Need for planning; Barriers to
effective planning; Decision making in planning
Organizing – Meaning, characteristics and significance; Principles of organising; Formal and Informal organization;
Organizational structure and types (Departmentation, Project, Matrix and Network); Delegation v/s Decentralization
Unit – III: Staffing and Directing
Staffing – Meaning, characteristics and significance; Factors affecting staffing decisions ; Directing – Meaning,
characteristics and significance;
Motivation concept and theories (Maslow, Herzberg and McGregor); Leadership concept and styles (Likert
and Blake & Mouton); Communication concept, types, process, barriers and remedies Unit – IV: Controlling
Controlling – Meaning, characteristics and significance; Process of Controlling; Traditional techniques
(Financial statements, Budgetary control and Break even analysis) and Modern techniques (Management Audit,
PERT& CPM and MIS); Planning and Controlling linkage
Course Students will:
Outcomes a. Be familiarize with extant management concepts, theories and practices
b. Develop a theoretical and applied understanding of managing organizations.
Suggested Suggested Readings (latest editions)
Readings • Bose, Chandra, Principles of Management and Administration, PHI, New Delhi.
• Chandan, JS, Management Concepts and Strategies, Vikas, New Delhi.
• Drucker, Peter, The Practice of Management, Allied Publishers, New Delhi.
• Koontz & O’Donnell, Principles of Management, Tata McGraw Hill, New Delhi.
• Prasad & Gulshan, Principles & Practice of Management, Sultan Chand & Sons, New Delhi
• Robbins, Organizational Behavior, PHI, New Delhi.
• Mahajan & Mahajan, Management Principles and applications. Vikas Publications
• Gupta & Sharma, Principles and Practice of Management, Kalyani Publications
Paper MDC (Semester-II)
Paper Code Paper-II
Paper Title Financial Literacy
Credit Points 3
Course This course exposes students to different aspect of financial literacy such as investment, taxation
Objectives and insurance. Understanding the relevance of financial planning. Banking sector reforms and
monetary policy with special reference to India are also covered. It also highlights the organization,
structure of money and capital market, monetary management and instruments of trading.
Course Unit I: Banking
Outlines Commercial Banking- Meaning and Functions, Process of Credit Creation; Concept of
Microfinance. Central Banking- Functions; Methods of Credit Control; Recent Reforms in Banking
Sector in India; Monetary Policy: Objectives & Limitations (with Reference to India).
• LO: This module shall give the students an understanding of the banking hierarchy
and its functionality and the ways central banks influence the financial system.
Unit II: Investment Planning and management
Investment opportunity and financial product, Insurance planning: life and non-life including
medical insurance Scheme
• LO: This module shall enable the students to acquire an understanding of the concept
and meaning of investment, the investment process, and various investment schemes. Unit III:
Money Market
Money Market: Meaning - Constituents of organized money market; Features of Indian Money
Market. Instruments of money market. Capital Market: Capital Market Instruments-Shares,
Equities, Debentures and Bonds; New Instruments, Types of bonds and equities, Primary Market
and Secondary Market, Interlink between Money Market and Capital Market. SEBI & Capital
Market in India. Markets for Derivatives: Forward, Futures, and Options, Derivatives trading in
India.
• LO: Upon completion of this module, the learners shall be able to appreciate and
analyze the mechanism and regulation of financial instruments and determine how the value
of stocks, bonds, and securities are calculated. Unit IV: Taxation
Introduction to basic Tax structure in India for personal taxation; aspect of personal tax planning;
exemption and deduction for individual; e-filling.
• LO: This module shall explain the basic concepts and provide the knowledge about the
Computation of Income Tax, Submission of Income Tax Returns, Advance Tax, and Tax
deducted at Source.
Course • To understand the operational aspects of the banking system, functions of central banks
Outcomes and monetary policies, India‘s banking system, and banking sector reforms.
• To gain the requisite knowledge to handle various aspects of investment and wealth
management.
• To develop the ability to understand and deal with Stock Market Operation
Suggested Text Book
Readings ✓ Bhole, L. M. (2011): Financial institutions and Market, Tata McGraw hill, 5th Edition, New Delhi.
✓ Introduction to Financial Planning (4th Edition 2017)- Indian Institute of Banking Reference Book
✓ Mishkin, F. S. and Eakins S. G (2009): Financial Market and institutions, PE, 6th Edition, New
Delhi.