MBA Finance Syllabus Pune University

Today we are providing complete mba finance syllabus of pune university which is divided into Semester wise along with text book and reference book guided by pune university.

Finance Semester 1 Syllabus

Accounting For Business Decisions

Unit 1

Basic Concepts: Meaning of Business decisions and importance of business decisions. Forms of business organizations, meaning of accounting, basic concepts, terms used in business accounting. Types of accounts, journal, ledger and trial balance. Accounting equations and users of accounting information. Accounting concepts and conventions. Difference between financial, cost accounting and management accounting, Use and applicability of Tally in accounting.

Unit 2

Understanding of Financial Statements: Meaning of Financial statements. Importance and objectives of financial statements. Preparation of final accounts of sole proprietary firm. Making financial decisions on the basis of financial statements.

Unit 3

Cost Accounting: Basic concepts of cost accounting. Objectives of Cost Accounting, Classification and analysis of costs, Relevant and irrelevant costs, differential costs, sunk costs, Preparation of Simple Cost sheet.

Unit 4

Cost Control: Material cost control, Procurement, Pricing of issues, Inventory control techniques, Fixation of various levels, Economic order quantity, material losses, Labour cost control, time keeping and time booking, Overheads, Collection, Classifications, allocation and apportionment of overheads.

Unit 5

Decision making tools: Marginal costing, Break-even point, Cost Volume Profit analysis, Optimizing product mix, pricing decisions. Budgeting – Cash and Flexible budgets only, Standard costing – Material and Labour Variances only.

Text Books

Management Accounting – Dr. Mahesh Kulkarni

Accounting For Business Decisions by Dr. E B Khedkar and Dr. D B Bharati

Finance Semester 2 Syllabus

Financial Management

Financial Management

Unit 1

Business Finance:  Introduction of Business Finance:  Meaning, Definition of Financial Management, Goals of Financial Management (Profit Maximization and Wealth Maximization), Modern approaches to Financial Management – (Investment Decision, Financing Decision and Dividend Policy Decisions) Finance and other related disciplines, Functions of finance manager, Key strategies of financial management, Financial Planning – Principles and Steps in Financial Planning

Unit 2

Capital structure:  Meaning, Factors affecting the capital structure, Different Sources of Finance and its Types, Concept and measurement of cost of capital, measurement of specific costs WACC, Trading on equity and its types.

Unit 3

Techniques of Financial Analysis: Meaning , Nature, Objectives, Understanding of financial statements, Schedule VI of Companies Act, Tools of analysis, interpretation and limitations of financial analysis, Fund flow statement (Working capital basis), Understanding Cash flow statement – Difference between Cash flow and Fund flow statement, Ratio analysis (computation and interpretations of ratios)

Unit 4

Capital Budgeting: Meaning, Definition and types of evaluating the project on the basis of Traditional Techniques and Modern Techniques (viz. Payback period, Discounted Payback period,  NPV, ARR, IRR, PI) Time Value of Money

Unit 5

Working Capital Management:  Nature and Scope, Components of working capital, operating cycle, types of working capital, Sources of Working Capital Financing, Factors affecting working capital, estimation of working capital requirement.

Text Books

Financial Management by Khan & Jain (TATA McGraw Hill)

Contemporary Financial Management by Rajesh Kothari (Macmillan Publication)

Financial Management by I. M. Pandey (Vikas Publication)

Corporate Finance, Theory and Practice, Aswath Damodaran (Wiley Publication)

Financial Management Principle and Practices by S. Sudarsana Reddy(Himalaya Publication)

Fundamentals of Financial Management by Sheeba Kapil (Pearson Publications)

Financial Management by Dr. E. B. Khedkar and Dr. D. B. Bharati

Finance Semester 3 Syllabus

Direct Taxation

Unit 1

Introduction:  Income Tax Act, 1961 – Definitions and concepts (Section 1 to 4), Scope of Total income and Residential Status (Sections 5 to 9) Income do not form part of Total Income and Tax liability (Sections 14, 14A, 288A & 2888B).

Unit 2

Income under the Head “Salaries” – (Section 15 to 17)

Unit 3

  1. Income under the Head “Income from House Property” (Section 22 to 27).
  2. Income under the Head “Capital Gain” (Section 45 to 55A).
  3. Income under the Head “Income from other Sources” (Section 56 to 59).

Unit 4

4.1 Income under the head “Profit and Gains of Business or Profession” (Section 28 to 44D).

4.2 Income of other Person Included in Assessee’s Total Income – (Section 60 to 65).

4.3 Set off or carry forward and set off of loses (Section 70 to 80). 

4.4 Agriculture Income and its Tax Treatment (Section 2(1A) to 10(1)). 

Unit 5

5.1 Deductions to be made in Computing Total Income (Section 80A to 80U) (Chapter VI)

5.2 Assessment of Individual / Computation of Total Taxable Income and Income Tax.

5.3 Advance Tax Payment (Section 207 to 211,217 & 219).

5.4 Deduction of Tax at Source (Sections 190 to 206AA).

5.5 Return of Income (Sections 139 to 140A). 

5.6 E-filling of Income Tax Return

Text Books

Direct Taxes – Ravi Kishore

Direct Taxes – J.P. Jakhotiya

Direct Taxes – Ahuja

Direct and Indirect Tax Planning & Management – Bangar Yogendra, Bangar Vandan

Direct Taxation – Dr. E. B. Khedkar and Dr. D.B. Bharati

Financial Systems of India, Markets & Services

Unit 1

1.1: Financial System – functions of financial system – meaning and importance – Role of financial system in economic development – Structure and Components of financial system in India – Introduction to financial Institutions – Banking – Non Banking Institutions.

1.2: Financial Markets – Money Market and Capital Market – Financial Instruments on the basis of Term of instruments – Types of Securities, Financial services – fund based services and fee based services.

Unit 2

2.1: Regulators of Financial System in India -The RBI as a Central Bank, Functions and working 2.2: SEBI- Purpose – Objectives, structure – functions and powers of SEBI – SEBI guidelines with respect to IPO, Anti Money laundering, listing and delisting of securities , FMC (Forward Market Commission of India) – Structure and Function.

2.3: PFRDA (Pension Fund Regulatory and Development Authority) – Structure and Functions – National Pension System- Understanding and benefits, IRDA- (Insurance Regulatory and Development Authority) – Role and Functions.

Unit 3

3.1: Financial Market Functions – Classification – Money Markets – Structure and components of money market – Participants in Indian Money Market – Money Market Instruments – Features of the Instruments – Recent Developments in Indian Money Market.

3.2: Capital Markets – Characteristics – Components of Capital Markets – Primary Market Operations – Functions- Methods of Raising Funds in Primary Market (Viz- Public Issue, offer for sale, Right Issue, Private Placement of Securities and other methods such as Tender Method, Bonus shares) Methods of determining prices of new shares viz – Fixed Offer Method and Book Building Method. New Instruments in Capital Market. 

3.3: Stock Exchange – Characteristics and functions of stock exchanges, listing of securities, Major Stock Exchanges in India- Important Stock Indices in India, BSE and NSE Sensex.

Unit 4

4.1: Financial Services: Concept, Nature and scope of financial Services – Regulatory Frame work of Financial Services – Growth of Financial Services in India.

4.2: Merchant Banking – Meaning – Types – Responsibilities of Merchant Bankers – Role of Merchant Bankers in Issue Management – Regulation of Merchant Banking In India.

4.3: Venture Capital – Growth of Venture capital in India – Financing Pattern under venture capital, 

4.4: Factoring, Forfeiting, Securitization (Concepts and Applications): Types of factoring Arrangements – Factoring in the Indian Context.

4.5: Mutual Fund, Concept and Objectives, Guidelines for Mutual Funds, Working of Mutual Finds in India.

4.6: Loan Syndication, De-materialization of Services – need and operations – other types of funding –Crowd Funding, Asset Backed Finance, Depository Services – Role of NSDL and CSDL.   

Unit 5

5.1: Financial Institutions in India : Functions and working of Banking – Commercial Banks- Cooperative Banks- Urban Cooperative Banks – Post Office Saving Banks, Functions & Working of Non-Banking Companies – Finance Companies Investment Trusts, Housing  Companies, Functions and working of Development Institutions NABARD, SIDBI, NHB, EXIM Bank, BIFR and SFC’s. 

5.2: Credit Rating Agencies – CRISIL and ICRA.

5.3: Insurance Companies in India – LIC and GIC – Features and functions.

Text Books

Financial Services by Shashi K Gupta and Nisha Agarwal ( Kalyani Publications_ 

Merchant Banking and Financial Services by Guruswamy, Third Edition ( TATA McGraw Hill) 

Indian Financial Services – M.Y.Khan

Indian Financial System in the World Monetary Order – H. Y. Kulkarni.

Reference Books

Indian Financial System and Markets by Siddhartha Sankar Saha ( TATA McGraw Hill)

Company Law by N D Kapoor

Indian Financial System – Vasant Desai