e-content BCP - Impact College

1st Semester

BCP 101 : FINANCIAL ACCOUNTING – I (B.Com Professional)

Section	Title	Topics / Syllabus
Section I	Basics of Accounting	Basics of Accounting; Book-keeping; Sub-fields of accounting. Accounting concepts, conventions, and principles – GAAP. Accounting equation, capital, and revenue. Accounting cycle. Journal, Ledger, Trial Balance, Subsidiary Books. Journal for banking transactions.
Section II	Accounting Procedures	Bank Reconciliation Statement; rectification of errors; Bills of exchange; Depreciation: provisions – fixed installment method, diminishing balance method; Reserves.
Section III	Final Accounts	Final accounts with adjustments; average due date and account current; self balancing ledger. Accounting from incomplete records.

BCP 102 : BUSINESS ECONOMICS (Non-Traditional Paper)

Different from traditional micro- & macro-economics papers usually taught in traditional courses. This is applied economics; less in theory, more in problem solving in business. Study of Managerial Economics helps in enhancement of analytical skills, assists in rational configuration as well as solution of problems. Business Economics assists the managers of a firm in a rational solution of obstacles faced in the firm’s activities. It helps in formulating logical managerial decisions. It guides the managers in taking decisions relating to the firm’s customers, competitors, suppliers as well as relating to the internal functioning of a firm. It makes use of statistical and analytical tools to assess economic theories in solving practical business problems.

Section	Title	Topics / Syllabus
Section I	Theory of Consumer Behavior	Marginal utility theory: indifference curve theory. Demand, Supply & Market Equilibrium, Demand Analysis: Nature of demand for a product individual demand, Market demand, determinants of demand, concepts of income elasticity of demand price elasticity of demand. Theory of Production and Costs: Revenue Concepts: Revenue Curves; Total Revenue, Average Revenue, Marginal revenue – relationship between the three; Value of Marginal Product v/s Marginal Revenue Product; Marginal Productivity. Production with one variable input: production and optimal input proportions; two variable inputs: Theory of costs in short run and in long run.
Section II	Theory of Firm and Market Organization	pricing under Perfect Competition; pricing under Monopoly, pure and discriminating; pricing under Monopolistic competition; pricing under Oligopoly, Kinked demand curve and price leadership.
Section III	Macroeconomics & Public Finance	Introduction to Macroeconomics: National Income: Concepts, analysis and measurement. Keynesian theory of income determination: Concept of employment, determinant of macroeconomics equilibrium with aggregate demand and aggregate supply analysis. Inflation: Meaning, types and theories. Indian Public Finance – Financial relations between the Central Government, State Government and local bodies, Finance commission, Financial Administration, Budget- Its preparation, legislation and execution.

BCP 103 : BUSINESS ORGANIZATION & MANAGEMENT

This paper imparts to the students an understanding of state of the art of management & business concepts practices with a view to preparing them to face the emerging challenges of managing resources, managing business processes and managing managers. It provides opportunities to apply the general functions of management in day-to-day managerial practice. It familiarize students with the principles, functions and techniques used to effectively manage business enterprises.

Section	Title	Topics / Syllabus
Section I	Principles of Modern Industry	Division of Labour, Standardization, Scientific Management, Rationalization, Integration, Combination – Horizontal and Vertical, Factors leading to combination, Forms of Business Combination – Trusts, Cartels, Syndicates, Holding Companies. Forms of Business Organizations and Ownership: Sole Proprietorships, Partnerships, Joint Stock Companies, Managing Agency System, Public and Pvt. Cos. Public Management and its various functions.
Section II	Economic & Political Environment	Economic environment: Economic systems, economic planning in India, objectives, strategies and evaluation of current five year plan. Industrial policy and industrial licensing. New economic policies. Political Environment: Three political institutions- Legislature, Executive and Judiciary. Fundamental rights and Directive Principles of state policy. Rationale and extent of state intervention.
Section III	Social & Technological Environment	Social environment: social responsibility of business, consumer movement & Consumer Protection Act 1986, The Environment Protection Act 1986. Technological environment: Impact of technology on business. Technological policy, import of technology, appropriate technology, problems in technology transfer. Structure of Public Enterprises in India: Public and Joint Sectors, Management of Industries.

BCP 104 : BUSINESS STATISTICS

This paper introduces basic concepts of Statistics and imparts knowledge of techniques for Data Analysis.

Section	Title	Topics / Syllabus
Section I	Data Analysis & Measures	1. Data Analysis: collection and presentation of business data, Measure of Central Tendency 2. Measures of Dispersion: Range, Quartile Deviation, Mean Deviation, and Standard Deviation 3. Measures of Variations Skewness and Kurtosis 4.
Section II	Correlation & Regression Analysis	Correlation Analysis: Rank Method & Karl Pearson’s Coefficient of Correlation and Properties of Correlation 5. Regression Analysis: Fitting of a Regression Line and Interpretation of Results, Properties of Regression Coefficients and Relationship between Regression and Correlation.
Section III	Probability & Forecasting	1. Theory of Probability: Law, Conditional Probability, Bayes' Theorem & Probability Functions 2. Forecasting: Techniques, Exponential smoothing & Regression 3. Theoretical Distributions: Binomial, Poisson and Normal Distribution 4. Theory of Estimation.

BCP 105 : BASIC SPREADSHEET CONCEPTS (Non-Traditional Paper)

This paper teaches use and application of spreadsheets in business data processing, for accounting, for problem solving, ratio analysis, if-only analysis, etc.

Section	Title	Topics / Syllabus
Section I	Introduction to Spreadsheets	Introduction to Spreadsheets – MS Excel (2007), LibreOffice Calc; Concept of Cells; Cell Reference – absolute and relative. Data Input and Formatting. Formula setting. Matrix Multiplication and Inverse, Value of Determinant.
Section II	Excel as Database & Analysis Tools	Use of Excel as Database; Linking up of Data Cells in the same worksheet; linking up of data across worksheets. Standard and custom filters; what-if analysis; if-only analysis.
Section III	Financial & Statistical Applications	Use of Financial and Statistical formulas in Excel; Preparation of financial statements using Excel – Balance Sheet; Bank Reconciliation Statements; Cash Flow Analysis; Ratio Analysis.

BCP – 106 : COMMUNICATIVE ENGLISH

Topic	Details / Syllabus
Business Correspondence	Structure of a Letter, Inquiry Letter, Sales Letter, Order Letter, Complaints, Complaint Handling, Routine letter, Asking and Giving Information.
Government Correspondence	Memo, Agenda, Minutes, Proposals
Writing Skills	Report Writing, Composition (argumentative, explanatory, descriptive and narrative), Paragraph writing, Precis, Comprehension.
Grammar	Sentence Structure, Tenses, Direct & Indirect Parts of Speech, Active & Passive Voice, Vocabulary.
Preparation for Job	Writing Applications for Jobs, Preparing Curriculum Vitae, Preparing for Interviews, Preparing for Group Discussions.
Selected Short Stories	Three short stories from the book, “Added Value: The Life Stories of Indian Business Leaders.” by Peter Church, Lotus Collection, New Delhi 1. Rahul Bajaj/ Bajaj Group (Page No. 20) 2. Subhash Chandra/ Essel Group/Zee TV (Page No. 40) 3. NR Narayana Murthy/Infosys (Page No. 148)

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