Oxford International College of Commerce (OIC), Sheikhupura.

M.COM (PART 1) Paper 1: Management, Human Resource Management, and Strategic Management
A- MANAGEMENT

Introduction To Managers And Management: What is management

and what do managers do?, Defining management, Managerial functions, Management roles, Management skills, History of management. Organizational Culture And Environment: The manager: Omnipotent or Symbolic?, The organizations culture, The environment, Defining the environment, The specific environment, The general environment, Influence on management practices. Decision Making: THE ESSENCE OF MANAGERS JOB: The decision making process, the rational decision maker, Decision Making styles, Group decision making. Planning: The foundation of planning, the definition of planning, Purposes of planning, Types of plans Contingency factors of planning, Objectives: the foundation for planning, Multiplicity of objectives, Real versus stated objectives, Traditional objective setting, Management by objectives. Organizational Structure and Design: Defining organization structure and design, Building the vertical dimension of organizations, Building the horizontal dimension of organizations, The contingency approach to organization design, Application of organization design. Motivation: Motivating employees, What is motivation?, Early theories of motivation contemporary issues in motivation, From theory to practice: suggestions for motivating employees. Leadership: Managers vs. leaders, Trait theories, Behavioral theories, Contingency theories, Contemporary issues in leadership. Controlling: Foundation of control, what is control? The importance of control, the control process, Types of control, Qualities of effective control, the dysfunctional side of control. Communication: Communication and international skills, Understanding communication, Communication styles of men and women, Feedback skills.

B- MANAGEMENT POLICY Introduction To Strategic Management : Definition, Characteristics,

Strategy and its nature, Strategic management model. Mission and Objectives: Mission, Definition and nature of mission, Components of mission, Significance of mission, Objectives, How objectives can be established, Types of objectives, Not managing by objectives. Environmental Analysis: How environment can be analyzed? PEST analysis, Structural analysis of the business, Porter five forces industrial analysis model.

Significance of Mission Statement: Strategy Options: What is strategy? And its nature? Center types of
strategies, Integration strategies, Diversification of strategies, Defensive

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strategies, Porters generic strategies, internal analysis, Resource audit/internal audit, SWOT analysis. Strategic Analysis And Choice: Process of comprehensive strategies formulation, Framework, Input stage, Matching stage, Space matrix, BCG Matrices. Strategies Implementation and Evaluation: Factors affecting the S. Implementation process.

C- Human resource management

The Personnel Function: Terminology, Why do personnel work? Staff role of the personnel department, Personnel (Human Resources) functions. Job Design And Analysis: Job design, Job information and personnel management, Analyzing jobs-obtaining job information, Functional job analysis, Administration of job analysis program. Human Resource Planning: Reasons for human resource planning, the planning process. Recruitment and Selection/ Testing and Interview: Labor market consideration, Recruitment and selection policy issues, the employment process, Sources of people, the selection of process. The Selection Procedure: Testing interview. Miscellaneous: Union management, Equal employment opportunity, Health and safety

Paper II: Quantitative Techniques in Business

In M.Com Part I there is a course entitled Quantitative Techniques in Business. Now course outline to be followed is as given:

A- Business Statistics 1- Introduction to Statistics: Descriptive Statistics and Inferential Statistics.

Data Arranging, Using Data Array and the frequency distribution and presentation of data by various means like Histogram, Frequency Polygon, Bar Diagram etc. Measures and uses of Central Tendency, and dispersion: Arithmetic Mean, Weighted Mean, Simple Mean, Geometric Mean, and Median and Mode, Range, Inferential Range, Variance, Standard Deviation, Mean Absolute Deviation, Co-efficient of Variation and Co-efficient of Skeweness. Index Number: Definition, Types of Index Number like Price Index and Quantity Index, Weighted Aggregate Index, Average of Relatives Method, Consumer Price Index Numbers and their application. Simple Regression and Correlation: Types of relationship, scattered diagram, estimation using the regression line, using the estimation equation for a straight line. The method of least square. The Standard Error of Out male, Correlation analysis, the co-efficient of determination, the co-efficient of correlation. Time Series and Forecasting: Components of time acrion data, their analysis by traditional method like least square, moving average, measurement of forecasting errors. Introduction to Probability: Definition and some basic concepts in probability. Probability Rules, probability under conditions of statistical independence and statistical dependence. Bays theorem. Introduction to probability distribution and simply use of expected value in decision making under uncertainty.

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Oxford International College of Commerce (OIC), Sheikhupura.

6- Introduction to sampling: meaning and objective of sampling, methods of

sampling (simple random sampling, systematic sampling, cluster sampling), Introduction to sampling distribution, concepts of standard error of sampling from normal population. The central limit theorem. 7- Chi-square: Introduction to Chi-Square. Chi-Square as a test of independence. Chi-Square Distribution, Chi-square as a test for goodness of fit. Testing the appropriateness of a distribution using Chi-square goodness of fit test.

B- Business Mathematics: 1- Algebra of functions:

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Mathematical functions and their graphical representation. Some commonly known functions like linear, quadratic, logarithmic, exponential, hyperbolic and parabolic functions and application of these functions in business. Mathematics of Finance: Simple and Compound Interest, Annuities, Arithmetic and Geometric progressions, Bank Account Balances, Depreciation Methods, Capital Budgeting and Stock Valuation. Simultaneous Equation: System of Simultaneous equations and their applications. Solution of simultaneous equations by graphical, elimination and substitution methods. Matrix Algebra: Introduction and types of matrices, Matrix Operations like addition and multiplication, inverse of a matrix. Differential Calculus: Measuring Derivatives, development of derivative rules for constant function, power function, quotient function and function of a function. Use of derivative in the determination of the maximum and minimum of a function.

Paper III: Financial Statements

Management

and

Analysis

of

Financial

A- Goals and functions of Finance.

Operating Environment of a firm. Financial Statements, depreciation and cash flows. Financial planning. Time Value of Money, Risk and Return, Valuation of Securities, Long Term Investment Decision, Capital Budgeting under certainty and uncertainty. Cost of Capital, Leverage and Capital Structure. The management of working capital, cash and marketable securities. Banking, common stock and dividend policy, Preferred stock, leasing, convertibles, warrants and options

B- Analysis of Financial Statements:

Introduction, Balance Sheet, General Principles, Balance Sheet; Current Assets, Non-Current Assets, Liabilities and Owners Equity, Statement of Income, retained Earnings and Owners Equity. Comparative Financial Statements, Trend, Percentages and Common Size Statements. Sources and uses of working capital. Statement of changes in Financial conditions. Ratio Analysis Short-Term and Long-term from different interested parties view point.

Paper IV: Business Communication

Business English Basics: Following topics will be covered: Use of Dictionary, Focus on Listening and Speaking Skills, Vocabulary Building (Greek and Latin roots, Orthography), Writing (Inductive and Deductive Outlining, Description, Classification, Resume, Job Application etc.), reading (Skinning, Scanning, Speed reading, Rendering for the main idea etc.).

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Oxford International College of Commerce (OIC), Sheikhupura.

Business Communication: Communication foundation, International Business

Communication, Using words effectively, using the techniques of style, organizing and dictating message, writing about the routine and pleasant, writing about the unpleasant. Writing to persuade, writing about employment, speeches, oral reports and process and research methods, preparing memorandums, planning and organization formal reports, preparing short reports.

Paper V: Economic Analysis and Managerial Economics

A- Economic Analysis: The course is divided into
two major areas and the topics in each area are as follows: Macro Economics : Economics Definition and basic concepts. Micro vs Macro Economics, Demand and Supply Basic Definitions. Consumer behavior, Utility and Indifference Curve Approaches. Demand Analysis. Producer Behavior and cost theory. Supply analysis. Market structure and equilibrium under perfect competition, monopolistic competition, monopoly and oligopoly. Macro Economics: National Income Meaning and Measurement. Inflation, deflation and stagflation. Devaluation, Balance of Payment and Business Cycle. Money Banking and Rate of interest. Current Economic Issues, Events and Problems. Managerial Economics: Definition, introduction and scope. Demand concepts for design making, demand estimation and forecasting, basic Pricing Theories, Pricing decision for established and new products, competitive bids. Decision making under risk and uncertainty.

Paper VI: Accounting for Decision Making Corporation Accounting:

1- Accounting Cycle 2- Corporation Contributed Capital: Formation of Corporation, Characteristics of Capital Stock, Features of Equity Securities, Stock Issuance, Re-Acquisition of Stock, Convertibles and Preferred Stock. 3- Corporation Retained Earnings: Nature of Dividends, Type of Dividends, Stock Splits, Appropriation of Retained Earnings. 4- Corporation Earning Per Share: Significance, Calculation of EPS, Capital Structure Effects on Computation of EPS. Computing EPS for a simple and complex capital structure. Securities and Purchase Contract. Basic Effects on EPS. EPS Primary and Diluted, Additional Issues in EPS Computations. 5- Long Term Liabilities: Nature of Bonds, Bond Prices, Issuing Bond Payable, Adjusting Entries, Effective Interest, Methods of Amortizing Bond Premium and Discounts, Retirement of Bonds Payable, Convertible Bonds, Current Portion of Long Term Liabilities, Mortgage Notes Payable, Advantages of Financing operations with both bonds vs stock off-balance sheet financing. 6- Investment & Accounting for International Operations: Accounting for Investment, Stocks Prices, Investment in Stocks, Investment in Bonds and Notes. Accounting for International Operations: Economic Structures and their impact on International Accounting, Accounting for International Transactions. Hedging A strategy to avoid Foreign Currency Transaction Losses. 7- Accounting for Leases: Basic Lease Accounting Issues, Accounting for Operating and Capital Leases, Special issues in accounting for capital leases. 8- Financial Reporting and Changing Prices: Effects of changing prices on historical cost and financial statements.

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Oxford International College of Commerce (OIC), Sheikhupura.

costs, Accounting requirements. Treatment, Amortization of R & D costs,

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disclosure

9- Accounting for Research and Development Activities: Definition, R & D

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Accounting for Income Taxes: Tax Accounting Methods, Deferral Tax Asset and Liability Method, Timing and Permanent Differences. Disclosure in the financial statements.

11Accounting for Government Grants & Disclosure of Govt. Assistance: Definition, Revenue Based Grants, Standard Practice for Grants
relating to assets and grants relating to income. Repayments of Grants, Disclosure in Financial Statements.

Paper VII: Computer Application in Business and Practical Demonstration

Part A: Computer Application in Business: 1- Computer Concepts: Introduction to computer,
its various hardware components. System software and application software. Introduction of Operating Systems like DOS and Windows 98 and details of Windows 98 like working on Desktop, Windows 98 file system, working with drive, folder and file, copy, moving and deleting files. Backup the data, and formatting of Disks, managing various securities. 2- Word Processing: MS word 97, creating and saving documents; viewing and Navigating previewing and printing; margin and breaks. Character and fonts, formatting paragraph. Header, footer, page numbers and footnotes, auto formats; Auto Text, Auto Correct and Insert, Finding and Replacing; Multiple columns; creating table of contents and indexes, mail merge and solving real world problems. 3- Spread Sheet: MS Excel 98: the EXCEL environment, manage workbook, worksheet and windows. Using formula and function, formatting worksheet, using template graphic and charts, working effectively with database, pivotal tables and solving real world problems. 4- Database Management: MS Access 97: Introduction, creating a database form, scratches, planning and designing your access database, creating table. Using the data sheet view, using the existing table, modifying an existing table, creating queries, using an existing queries, modifying and using the reports. Exchanging data with word, excel and other application. Solution of real life problem like payroll, account payable and receivables and Inventory.

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