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File Ref.No.10106/GA - IV - B1/2014/CU UNIVERSITY OF CALICUT
File Ref.No.10106/GA - IV - B1/2014/CU
UNIVERSITY OF CALICUT
Abstract
BA Programme in Islamic Finance with Computer Application under Choice Based Credit Semester
System - CCSS - implemented with effect from 2013-14 admission onwards - re designating the
course code and titles approved - revised orders issued.
G & A - IV - B
U.O.No. 10925/2015/Admn
Dated, Calicut University.P.O, 19.10.2015
Read:-1.U.O.No. 3956/2013/CU Dated, 12.09.2013
2.Minutes of the meeting of the Board of Studies in Islamic Studies held on
07.10.2015.
3. E mail dated 12-10-2015 forwarding the corrected syllabus.
3. Remarks of the Dean, Faculty of Humanities received on 17-10-2015.
4. Orders of the Vice Chancellor in the File of even No. dated 17-10-2015.
ORDER
Vide item read first above, B.A Programme in Islamic Finance with Computer Application under
Choice Based Credit Semester System CCSS implemented with effect from 2013-14 admission
onwards.
Vide item read second above, Board of Studies in Islamic Studies at its meeting held on
07.10.2015 resolved to redesignate the course codes and titles of B.A Islamic Finance with
Computer Application under CCSS effective from 2013-2014 admission.
Vide item read third above, the Chairman has forwarded the syllabus of B.A Islamic Finance with
Computer Application after effecting the modification proposed by the Board of Studies.
The Dean, Faculty of Humanities vide paper read fourth has approved the Minutes of the Board
of Studies meeting held on 07.10.2015
The Vice Chancellor after having considered the matter, exercising the powers of the
Academic Council has approved he minutes of the Board of Studies in Islamic Studies held on
07.10.2015 subject to ratification by the Academic Council.
Accordingly, orders are issued implementing the Modified syllabus of B.A Degree in
Islamic Finance with Computer application after redesignating the course codes and titles under
CCSS effective from 2013-2014 admission.
The syllabus is uploaded in the University website
The UO read first above is modified to this extent.
Lalitha K.P
Assistant Registrar
To
The Principals of all Colleges offering BA Islamic Finance with Computer Application.
Controller of Examinations/ EX- IV/EG Section/DR & AR - BA Branch/System Administrator
with a request to upload the syllabus in the University Website/GA I F
Section/Library/SF/DF/FC
Forwarded / By Order
Section Officer
SYLLABUS
FOR
BA ISLAMIC FINANCE WITH
COMPUTER APPLICATION
Prepared by
BOARD OF STUDIES FOR ISLAMIC FINANCE
UNIVERSITY OF CALICUT
BA ISLAMIC FINANCE WITH COMPUTER
APPLICATION
SCHEME AND SYLLABUS
Objectives:
Main objective of the programme is to introduce the emerging area of
Islamic Finance.
To produce skillful hands to meet the requirements of the new generation
banks, insurance companies and security markets.
Understand the fundamental concepts of Islamic economics.
Know the importance of the development of an interest-free economy to
promote socio-economic justice in society.
Describe the underlying principles of Islamic commercial contracts.
Know their applications as investment modes (Musharakah, Mudarabah).
Know their applications as financing modes (Ijarah, Murabaha, Salam,
Istisna'a) and as assessor modes (Wakalah, Kafalah, Hawalah, Jua'lah,
Tawarruq and others).
Explain the key operations of Islamic banks and the scope for co-operation
between conventional and Islamic financial institutions.
Examine the Islamic financial markets, scope and instruments including the
operations of venture capital, investment funds, units trusts and sukuk in
accordance with Islamic principles.
Discuss the governance and transparency issues in Islamic financial
institutions.
Understand the role of supervision and regulation with particular emphasis
on the role of the Religious Supervisory Board, Shari'ah compliant audit,
accounting and taxation issues.
Describe the procedures to convert interest-based banking institutions to
interest-free Islamic banking and the practical steps required for establishing
an Islamic bank.
Explain Takaful and its rationale as an alternative to conventional insurance
and describe basic elements and operating models for undertaking takaful
business and Re-takaful (Reinsurance).
BA in Islamic Finance With Computer Application
Scheme
Programme at
:
Undergraduate Level
Duration of the Course
:
3 years
System to be followed
:
Semester System
No. of Semesters
:
Six Semesters
Mode of Evaluation
:
Continuous Evaluation
(Assignments, Seminars, Projects, Internal
Examinations
&
End
Semester
System of Evaluation
:
Grading System
Medium of Instruction
:
English
Examinations.
Details of Common, Core and Complementary Papers in each semester:
No. of Papers
Semester
Common
Core
Complementary
Open
Elective Project Total
I
3
1
2
6
II
3
1
2
6
III
2
2
2
6
IV
2
2
2
6
V
-
5
-
VI
-
4
-
Total
10
15
8
1
1
6
1
1
6
1
1
36
BA ISLAMIC FINANCE WITH COMPUTER APPLICATION
DETAILS OF PAPERWISE CREDITS AND HOURS
FIRST SEMESTER
Paper
Code
Paper Title
No. of
Credits
Theory
(Hours)
Practical
(Hours)
Common Papers
A 01
Communications skills in English
3
60
30
A 02
Critical Reasoning ,Writing and
Presentation
3
60
30
AR 01
A07 (2)
Communication skill in Arabic
4
90
-
4
90
-
CORE PAPERS
IFC IB
01
Management Concepts and Business
Ethics
Complementary Paper (Taken from other disciplines)
IFC1C01
(BC1C01)
IFC 1C 02
Managerial Economics
2
30
15
Computer fundamentals
2
30
15
SECONDSEMESTER
Common Papers
A 03
Reading Literature in English
4
60
30
A 04
Reading on Indian Constitution
Secularism and Sustainable Environment
4
60
30
4
90
-
4
90
-
2
30
15
2
30
15
AR 2A
08 ( 02)
Literature in Arabic
CORE PAPERS
IFC 2B
02
Basics of Islamic Finance
Complementary Paper(Taken from other disciplines)
IFC 2C 03
Computer Application in Business
IFC 2C04
Marketing Management
(BC2C02)
THIRD SEMESTER
Common Papers
A 05
AR 3A
09 (2)
Literature and Contemporary Issues
Commercial Arabic Paper I
4
90
4
90
4
90
-
4
90
-
2
30
15
2
30
15
4
60
30
4
90
4
90
-
4
90
-
2
30
15
2
30
15
Core Papers
IFC 3B
03
Basics of financial And Corporate
Accounting
IFC 3B
04
Indian Financial System
Complementary Paper(Taken from other disciplines)
IFC 3C
05
IFC3C06
Computerized Accounting with Tally
Banking
(EC3C03)
FOURTH SEMESTER
Common Papers
A 07
AR 2A
10 (2)
History and Philosophy of Science
Commercial Arabic Paper II
Core Papers
IFC 4B
05
Business law and Islamic Commercial
Law
IFC 4B
06
Cost & Management Accounting
Complementary Paper(Taken from other disciplines)
IFC 4C
07
IFC4C08
(BC4C04)
E-Commerce
Quantative Techniques for Business
FIFTH SEMESTER
Core Papers
IFC 5B
07
Islamic Insurance „Thakaful‟
4
75
-
IFC 5B
08
Islamic Financial Institutions
4
75
-
IFC 5B
09
Islamic Micro Finance
4
75
-
IFC 5B
10
Financial Management
4
75
-
Study on Fundamentals of Islamic
finance
4
75
Islamic commercial law
4
75
Islamic Insurance
4
75
Project Work: Designing an Islamic
Finance Product
0
Open course
( TO CHOOSE 1 OUT OF 3)
IFC5
DO1
IFC5
DO2
IFC5
DO3
PROJECT
WORK
(To be continued in VI th Sem)
SIXTH SEMESTER
Core Papers
IFC 6B
11
Risk Management In Islamic Finance
4
75
-
IFC 6 B
12
Operational Islamic Banking
4
75
-
IFC 6B
13
Corporate Governance in Islamic Finance
4
75
-
IFC 6B
14
Security Analysis & Portfolio
Management (Investment Management)
4
75
ELECTIVE PAPERS
IFC 6 E
01
( TO CHOOSE 1 OUT OF 3)
Arabic for Banking and Insurance
2
75
IFC 6 E
02
Marketing Of Islamic Banking Products
2
75
-
IFC 6 E
03
Islamic Fund Management and Security
Marketing
2
75
-
4
75
-
120
2400
300
IFC 6B
15
Project Work:
Designing an Islamic Finance Product
Total
TITLE OF THE COURSE
CORE 01 MANAGEMENT CONCEPTS AND BUSINESS ETHICS
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 1
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS 90 Hours – T heory (4 hrs/wk)
Objectives:
To familiarize the students with current management practices.
management
COURSE OUTLINE
Module I
15 hours
Nature and scope of Management; evolution of management- Schools of management
thought;.W.Taylor and Henry Fayol; principles of management; management as a
science and an art; management process.
Module II
15 Hours
Functions of management- planning: types of plan; planning process; organizing: span
of control , line and staff functions ; centralization and decentralization; delegation;
staffing: manpower planning, recruitment, selection and placemen;; directing:
principles of direction; coordinating, and controlling.
Module III
30 Hours
Manager Vs leader; leadership and motivation; leadership styles; theories of
Motivation. MBO;Management of performance; Understanding and managing group
processes; characteristics of workgroup, work group behavior and productivity; team
creation and management.
Module 1V 15 Hours
Ethics, culture and values: Importance of culture in organisations; Indian ethos and
value systems; Model of management in the Indian socio political environment; Work
ethos; Indian heritage in production and consumption.
Module V
15 Hours
Business ethics: Relevance of values in Management; Holistic approach for managers in
decision-making; Ethical Management: Role of organisational culture in ethics; structure
of ethics management; Ethics Committee.
Reference Books:
1. Boatwright, John R: Ethics and the Conduct of Business, Pearson Education, New
Delhi.
2. Sathish Modh: Ethical Management: Macmillan.
3 Koontz, H and Wechrick, H: Management, McGraw Hill Inc, New York.
4 Drucker, Peter, F: Management: Tasks, Responsibilities and Practices, Allied
Publishers, New Delhi.
5. L.N Prasad : Principles of management.
6. R.S Davar ; Management Process
7. Rustum & Davan, Principles and practice of Management.
8. Srinivasan & Chunawalla, Management Principles and Practice.
CORE 02 BASIC ISLAMIC FINANCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 2
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS 90 ( Theory ) (4 hrs/week)
Objective

To understand basic fundamentals of Islamic finance

For knowing the comparative review of conventional finance and Islamic finance
COURSE OUTLINE
Module – 1 (15 Hours)
Economic Doctrine of Islam - Introduction and Philosophy - Assumptions of
fundamental principles and their implication - Man and divine guidance: the role of
Quran and Sunnah - Islamic Social Order: Values and ethnics-The political context of
Islamic economics - Capitalism, Communism/Socialism and Islamic Economic Systems
Module – 2 (30 Hours)
Islamic Banking - Concept and Evolution of Conventional Banking - Evolution and
Development of Islamic Banking - Differences and Similarities between Islamic and
Conventional Banking - Primary Characteristics of Islamic Banks - Prohibition of Interest
- Low Consumer Lending - Profit and Loss Sharing - High Real Sector Investing - Dealing
in Halal - The value of money Islamically interpreted - Prohibition of speculation Sanctity of contracts - Sharia approved activities - Easy collateral - The Islamilisation of
commercial banking - Islamic banks in western world - Criticism of Islamic banking
Module – 3 (30 Hours)
Principles and Techniques of Islamic Finance - The concept of interest (Riba) Prohibition of Riba (in Islam and Christianity) - Real and notional interest - Fixed and
viable interest - Interest Vs. Profit - Interest as return - Riba al-Nasial and al-Fadi Consumption and production loan.
Financing Techniques – Mudaraba – Musharakah – Murabaha - Ijara and
IjarahMuntahiaBittamleek - Salam and Parallel Salam - Istisna’a.
Module -4 (15 Hours)
Islamic Financial Institutions - Study of Zakah - Gahr and Khraj - Takaful
IDB: its role, objectives and performance
Islamic Financial Service Board
The international Association of Islamic Banks
Islamic Research and Training Institute
International Centre for Research in Islamic Economics
Referances


Islamic Finance: Law, Economics, and Practice By Mahmoud A. El-Gamal
Cambridge University Press
Understanding Islamic Finance By Muhammad Ayub - WILEY Publishers
-------------------------------------------------------------------------------------------------------------------------
CORE 03 BASICS OF FINANCIAL AND CORPORATE ACCOUNTING
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT 3
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS 90 Hours Theory (4 hrs/wk)
Objectives :
Ø To enable the students to acquire knowledge of the financial accounting principles
and practices
Ø To equip the students with skills for recording various kinds of business transactions
Ø To familiarize the students with the techniques of preparing financial statements
Ø To help the students acquire conceptual knowledge of the fundamentals of the
corporate accounting and the techniques of preparing the financial statements.
COURSE OUTLINE
Module I
20Hours
Introduction - Nature of financial Accounting - scope – objects –limitations –Accounting
concepts and conventions- Financial accounting standards –Object of accounting
standards –Accounting Standard Board of India and Indian Accounting Standards -
Accounting process from recording of business transactions to preparation of Trial
balance (an overview only).
Module II
15 Hours
Conceptual Frame work for preparation and presentation of financial statements Capital, Revenue and deferred revenue expenditure – Capital and revenue receipts –
Final accounts of Sole Proprietor , Final account of companies and not –for- profit
organizations (simple problems only).
Module III
20 Hours
Accounting for share capital – Issue, forfeiture and Reissue of forfeited shares Redemption of preference shares including buy-back of equity shares - Issue and
Redemption of Debentures.
Module – IV 15 Hours
Bank accounts- General information relating to bookkeeping, ledger section, register
section, slip system of ledger posting, legal requirements affecting final accounts,
specimen form of accounting policies, preparation of profit and loss accounts, Asset
classification, preparation of Balance sheet.
Module- V
20 Hours
Insurance Companies- Commercial and legal back ground of insurance business,
contract of insurance, Book maintained by insurance companies, Explanation of special
terms peculiar to insurance business, Accounts for life insurance business, types of
policies, Annuity business, surrender value, paid up policy, life insurance fund valuation
balance sheet, preparation of final accounts, Revenue accounts, accounts for general
insurance business (as per the provisions of IRDA Act)
(Theory and problems may be in the ratio of 30% and 70%respectively)
Reference Books:
1. M.C., Shukla, T.S. Grewal and S.C. Gupta: Corporate Accounting, S. Chand and Co.,
New Delhi.
2. R.L Gupta, and M Radhaswamy: Corporate Accounting, Sultan Chand and Sons, New
Delhi.
3. Ashok Sehgal and Deepak Sehgal: Advanced Accounting, Volume II, Taxmann, New
Delhi.
4. S.P.Jain and K.L.Narang: Financial Accounting, Kalyani Publilshers, New Delhi.
5. S.N. Maheshwari, and S.K. Maheshwari: Corporate Accounting, Vikas Publication,
New Delhi.
6. S.N. Maheswari: Financial Accounting
7 Shukla, M.C., T.S. Grewal and S.C.Gupta: Advanced Accounts S.Chand&Co.,
New
Delhi.
8. Naseem Ahmed, Nawab Ali Khan and M.L.Gupta: Fundamentals of Financial
Accounting, Ane Books Pvt. Ltd., New Delhi.
9. Grewal and Gupta: Advanced Accounting
5. Dr. Goyal V.K.., Financial Accounting, Excel Books, New Delhi.
10. Radhaswamy and R.L. Gupta: Advanced Accounting, Sultan Chand & Sons, New
DelhI
--------------------------------------------------CORE 04
INDIAN FINANCIAL SYSTEM
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 3
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
90 Hours Theory (4 hrs/wk)
Objectives:
To provide basic knowledge about the structure, organization and working of
financial system in India
COURSE OUTLINE
Module I
10Hours
Financial System: Meaning and Significance-Functions of the financial system- Financial
concepts-Financial Assets- Financial markets- Classification-Financial instrumentsweakness of Indian Financial System.
Module II
10Hours
Money market: Definition-Features-Objectives-Features of a developed money marketImportance of Money market-Composition of Money market- Money market
Instruments-features of Indian money market-Recent developments.
Module III
10 Hours
Primary, Secondary and Capital Markets: New issue market-meaning-functionsmethods floating new issue- intermediaries in the new issue market-merchants bankers
and their functions- Recent trends in new issue market - Stock Exchanges-Functions.
Module IV
10 Hours
Financial Institutions: commercial banks- development financial institutionsNonbanking financial corporation -Mutual Funds, insurance companies – Objectives and
Functions (only a brief outline).
Module –V 05 Hours
Regulatory Institutions – RBI – Role and Functions. The Securities and Exchange Board
of India-objectives-function-powers- SEBI guidelines for primary and secondary market.
Reference Books:
1. Kohn, Meir: Financial Institutions and Markets, Tata McGraw Hill.
2. Bhole L.M: Financial Institutions and Markets, Tata McGraw Hill.
3. Desai, Vasantha: The Indian Financial System, Himalaya Publishing House.
4. Machiraju.R.H: Indian Financial System, Vikas Publishing House.
5. Khan M.Y: Indian Financial System, Tata McGraw Hill.
6. Varshney, P.N., & D K Mittal, D.K.: Indian Financial System, Sulthan Chand & Sons
7. Gordon E. & Natarajan K.: Financial Markets & Services, Himalaya Publishing House.
8. Pathak, V. Bharati: Indian Financial System, Pearso
---------------------------------------------------------------------------------------------------------------------
CORE 05 BUSINESS LAW& ISLAMIC COMMERICAL
LAW
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 4
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
90 Hours Theory (4 hrs/wk)
Objectives


To understand the basics of conventional Business Law
To study the fundamentals of Islamic Commercial Law and to make a
comparative study about two concepts.
COURSE OUTLINE
PART – A
BUSINESS LAW (40 hours)
MODULE – 1 (25 hours)
Commercial Contract- Nature and classification of contracts-offer and acceptanceconsideration- capacity of parties-free consent- coercion- undue influence –
misrepresentation- fraud- mistake- void agreements- discharge of contract- breach of
contract and remedies-contingent contracts-quasi-contracts – contract of Guarantee –
Agency – Mortgage.
MODULE – 2 (15 hours)
Sale of Goods Act, 1930-Contract for sale of goods-Meaning – essentials of a contract of
sale – Conditions and Warranties- caveat emptor-sale by non owners- rules as to
delivery of goods- auction sale -rights of unpaid seller.
PART - B
ISLAMIC COMMERCIAL LAW (50 hours)
MODULE -3 (15 hours)
Fundamentals of Shariah for Islamic Finance Practitioners: Sources of Shariah Objectives of Shariah - Operatives legal maxims Definitions of assets in Shariah - Rules
of ownership in Shariah - Essentials of Shariah compliant contracts - Prohibited
elements in Shariah: Riba, Gharar, Haram products and activities.
MODULE – 4 (25 hours)
Nature of Islamic Business/Financial Contracts: Intermediation contract – Mudaraba Kitala (Guarantee) – Takaful - Wakala (Agency contract) - Juala - Hawala (Transfer) Rahn (Mortgage) - Transaction Contract– Mudaraha - Bay Salam - Bay Mua’ajal – Ijara –
Istisna – Musharaka - Wa’d (Promise) - Muwada or Mua’hida (Agreement)
MODULE – 5 (10 hours)
Legal Practices in the Islamic Financial Industry - Shariah principles influencing
regulatory framework for Islamic finance - Foundations of adequate and efficient
Islamic finance environment .
Focused Shariah Council (FSC) - Strong and harmonized legislation - Legal issues to
consider in structuring Shariah compliant products.
References
Elements of Mercantile Law – N D Kapoor
Mercantile Law – M C Shukla
Islamic Commercial Law By Muhammad Yusuf Saleem – WILEY Publishers
--------------------------------------------------------------------------------------------------------------------
CORE 06 COST AND MANAGEMENT ACCOUNTING
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
- 90 Hours Theory (4 hrs/wk)
- 4
- 4
Objectives:
To familiarise students with the various concepts and element of cost.
To create cost consciousness among the students.
To enable the students to understand the concept and relevance of management
Accounting
To provide the students an understanding about the use of accounting and costing
data for planning, control and decision taking.
COURSE OUTLINE
Module I
10 Hours
Introduction :- Definition – Meaning and Scope – Objectives – Functions – Merits and
Demerits – Cost Accounting and Financial Accounting-Cost classification – Elements of
cost – cost unitscost centre – Types , Methods and Techniques of Costing – cost sheet
Module II
20 Hours
Materials :- Importance of Material cost control – Purchase procedure – store control –
types of store – stores records – perpetual inventory – ABC analysis – VED analysis – JIT
inventory – stock levels - EOQ issue of materials – FIFO, LIFO, simple and weighed
average methods. Labour :- Importance of Labour Cost Control – Time keeping and
Time Booking – Idle Time – Over Time – Computation of Labour Cost – renumeration
systems and incentive schemes Overheads :- Definition – Overhead allocation –
Apportionment - Re apportionment – Direct distribution – Step Ladder – Reciprocal
service methods – repeated distribution and simultaneous equation methods
Absorption of overheads – methods of absorption – Labour Hour Rate and Machine
Hour Rate
Module III
10Hours
Budgetary Control: Budget and Budgetary Control –Need and Importance – Types of
Budgets – Preparation of Financial Budget- Flexible Budget and Fixed Budget –ZBB –
Programme and Performance Budgets.
Module IV
05 Hours
Management Accounting –Nature and Scope – Difference between Cost Accounting,
Financial Accounting and Management accounting – Recent Trends in Management
Reporting.
Module V
20 Hours
Analysis and Interpretation of financial Statement: - Meaning- Types and Methods of
Financial Analysis – Comparative statements – Trend Analysis – Common size
statements (a general discussion only). Ratio Analysis: - Meaning –Nature – uses and
limitations of Ratios –liquidity, profitability, Turnover ,Solvency, Leverage, Market test
ratios – Constructions of Financial Statements from ratios –Judgment of financial
stability through ratios –(Stress to be given to problem solving and interpretation skills )
Module VI
15 Hours
Funds Flow and Cash Flow Analysis:
a. Funds Flow Statements : Meaning and concept of fund – Current and Non- Current
Accounts – Flow of Fund –Preparation of Funds flow statements – uses and
significance
b. Cash Flow Statement : Difference between fund flows statement and cash flow
statements – Preparation of cash flow statements as per AS3 Norms – Direct and
Indirect methods.(Stress to be given to problems)
Module VII 10Hours
Managerial decision making with the help of C.V.P. Analysis : Marginal Costing- Fixed
Cost, Variable Cost, Contribution, P/V ratio, Break Even Analysis – Algebraic and Graphic
presentation – Decision making: Fixation of Selling Price – Exploring new markets –
make or buy-key factor – Product Mix – Operate or Shutdown (Theory and problems
may be in the ratio of 40% and 60%respectively)
Reference Books:
1. N.K. Prasad: Cost Accounting
2. Nigam & Sharma: Cost Accounting
3. Khanna Pandey & Ahuja: Practical Costing
4. M.L. Agarwal: Cost & Managemt Accounting
5. Jain & Narang: Cost Accounting
6. S.P. Iyengar: Cost Accounting
7. S.N. Maheshwari: Cost & Management Accounting
8. Horngren: Cost Accounting: A Managerial Emphasis
9. M. N. Arora: Cost Accounting
10. Dutta: Cost Accounting
11. Sexana: Management Accounting
12. Made Gowda: Management Accounting
13. Dr. S.N. Goyal and Manmohan: Management Accounting
14. B.S. Raman: Management Accounting
---------------------------------------------------------------------------------------------------
CORE 07 ISLAMIC INSURANCE “THAKAFUL”
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 5
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To know the concepts of conventional and Islamic insurance.
To understand working mechanism of thakaful and its regulatory issu
COURSE OUTLINE
Module – 1 (10 hours)Conventional contract of insurance – kinds of insurance contracts
– basic principles: utmost good faith, insurable interest, indemnity, subrogation,
contribution, causaproxima.Co-insuranceRe-insurance
Module – 2 (25hours) Islamic Insurance – Takaful
Islamic attitude towards risk - Muslim objections to insurance - Permitted forms of
insurance - The nature and structure of Takaful compare with conventional insurance The limitations of products within Islamic Insurance - How to remunerate the insurance
operator - The Shariah governance of Takaful undertakings - The risks and controls
within Takaful firms
Module – 3 (20 hours)
Business models of thakaful – business structures and regulatory implications – shari’ah
principle governing thakaful contracts – thakaful management models.
Module – 4 (20 hours)
Neo classical and neo corporatist models of Corporate Governance.
Corporate Governance Issues in the Insurance Industry.
Corporate Governance Issues in Thakaful
Reference
Takaful Islamic Insurance: Concepts and Regulatory Issues edited by Simon Archer,
Rifaat Ahmed AddelKarim, Volker Nienhaus – WILEY PUBLISHING.
Islamic Insurance: A Modern Approach to Islamic Banking ByAlyKhorshid
Islamic Insurance: Trends, Opportunities and the Future of Takaful edited by
SohailJaffer – EUROMONEY PUBLISHING.
------------------------------------------------------------------------------------------------------------------------------
CORE 08 ISLAMIC FINANCIAL INSTITUTIONS
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 5
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To understand institutional setup for Islamic finance institutions globally.
To know the conversion of interest based baking to Islamic finance
COURSE OUTLINE
Module – 1 (10 hours) -Framework of Islamic financial institutions–overview of Islamic
financial system – Islamic banking operations – the evolution of Islamic banking –
theoretical considerations of Islamic financial system.
Module – 2 (25 hours) -Conversions of Interest Based Banking to Islamic Banking - The
General Approach - Conversion on the Assets Side - Participative Finance - Treasury
Management - Islamic Window - Islamic Branch/Unit - Islamic Subsidiary - Trade
Finance - Documentary Collection and the passing of title - Diagramming the main
Shariah issues for LPOs/LOCs - Diagramming of sales and partnership with LPOs/LOCs Diagramming a sales contract and shifting it into a credit instrument - Pure Murabaha
Import LOC - Agency Murabaha LOC
Module – 3 (10 hours)-The Intenational Association of Islamic Banks (IAIB) - The Higher
Riligious Supervisory Board and Dar Al-Maal Al-Islami - Islamic Development Banks and
its Role – Islamic Banks operations in Iran, Pakistan, Malaysia and Turkey.
Module – 4 (25 hours)-Islamic insurane institutions across the world – Islamic fund
management institutions in the international scenario.Islamic banking operations in
India-Islamic stock exchange indices all over the world – Indian Indices – BSE shari’ah
Index – operative mechanism.-Overview of Islamic venture capital institutions in India.
Reference
Directory of Islamic Financial Institutions (RLE: Banking & Finance) edited by John R R
Presley
ROUTLEDGE LIBRARY EDITIONS.
Islamic Financial Institutions of India - Progress, Problems and Prospects - Mohammad
GhousIkhtiyarrudinBagsiraj.
------------------------------------------------------------------------------------------------------------
CORE 09 ISLAMIC MICRO FINANCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 5
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To know the role of micro finance in the financial sector.
To understand the micro finance aspects of Islamic banking.
COURSE OUTLINE
Module – 1 (20 hours)-Introduction to Microfinance - Definitions vis-à-vis microfinance
and microcredit - From moneylenders to Microfinance: History, and recent
development.
The Demand for Microfinance Services - Credit: Consumption and Productive – Savings Insurance Remittances - Housing Finance - Microleasing, etc. The Supply of
Microfinance Services - Microfinance Institution - NGOs - Bank Linkages -Microfinance
Delivery Models [GREMEEN, ASA, BRAC].
Islamic aspects of micro finance
Module – 2 (20 hours)
Concept of Marketing in Microfinance - Application of 5Ps of marketing - Marketing
Ethics in Islamic Banking - Qualities and criteria of IB marketing personnel - Packaging
Islamic Microfinance Products - Success factors in marketing Islamic Microfinance
Products - Uniqueness of Islamic Microfinance Products - Effective ways in marketing of
Islamic Microfinance Products - Building Customer Relations and Care - Effective
communication with Customers - Managing difficult customers
Module – 3 (15 hours)
Risk Management in Microfinance - Types of risks faced by MFI - Measuring the
different risk exposures MFI - Developing and implementing strategies for risk
management for MFIs
Module – 4 (20 hours)
Transformation of Microfinance from Conventional to Islamic Operations - Defining
transformation and its imperative for MFI - Factors leading to the need for MFIs to
transform - Legal alternatives for transformation - Institutional changes necessitated by
transformation - Changes faced by transforming MFIs
Reference
An Islamic Microfinance Enterprise: The Financial Vehicle That Will Change the Face of
the Islamic World, The Power of Salam Financing by BySaad Al-harran, Dr., Alfred Yong
FohSen, Sri Anne Haji Masri.
An Introduction to Islamic Microfinance" - Dr. M. Obaidullah
-----------------------------------------------------------------------------------------CORE 10 FINANCIAL MANAGEMENT
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 5
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objectives:
To familiarize the students with the concepts, tools and practices of financial
management, and,
To learn about the decisions and processes of financial management in a business
firm.
COURSE OUTLINE
Module – I
10 Hours
Introduction: Nature, scope and objectives of financial management - Time value of
money and mathematics of Finance - Concept of risk and return.
Module – II 20 Hours
Investment Decision: Capital budgeting process - Estimation of Relevant cash flows–
Payback Period Method, Accounting Rate of Return, Net Present Value, Net Terminal
Value, Internal Rate of Return, Profitability Index, Capital budgeting under RiskCertainty Equivalent Approach and Risk Adjusted Discount Rate.
Module – III 20 Hours
Financing Decision: Cost of Capital and Financing Decision-Estimation of components of
cost of capital, Equity capital, Retained earnings, Debt and Preference Capital, Weighted
average cost of Capital and marginal cost of capital, Sources of long term financingcapital structure, operating and financial leverage, determinants of capital structure.
Module – IV 10Hours
Dividend Decision: Dividend Decision-relevance and irrelevance of dividend decision –
Cash and stock dividends-Dividend policy in practice.
Module – V 15 Hours
Working Capital Management: Meaning and nature of working capital - Determination
of
working capital requirement - A brief overview of Cash management, Inventory
management and Receivables management.
(Theory and problems may be in the ratio of 50% and 50%respectively)
Reference Books:
1.Horne, J.C. Van: “Financial management and policy”,Prentice Hall of India New Delhi.
2.Khan and Jain:“Financial Management text and problems”,Tata McGrawHill New Delhi
3. Pandey, I.M: “Financial Management”, Vikas Publications.
4. Bhalla, V.K.: “Financial Management & Policy,” Anmol Publications, Delhi.
------------------------------------------------------------------------------------------------------------------------------
CORE 11 RISK MANAGEMENT IN ISLAMIC FINANCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
-6
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To understand various types of risks in Islamic finance
To study the techniques of risk management in the Islamic finance institutions.
COURSE OUTLINE
Module – 1
Control and Risk Assessment in Islamic Financial Institutions
Basic principles of risk management - The concept of risk in Islam - Types of risks Business risks – displaced commercial risk, withdrawal risk, solvency risk - Governance
risk-fiduciary risk, operational risk, transparency risk - Transaction risk – credit risk,
market risk, mark-up risk, PLS risk - Treasury risks-assets and liability management,
liquidity risk, hedging risk - Systemic risks-regulatory risk, business environment risk,
institutional risk, reputational risk.
Module – 2
Mitigating risk through third party guarantees - The Methodology of analyzing risk in IFI
transactions - Risk Management in Microfinance - Types of risks faced by MFIs Measuring the different risk exposures MFIs - Developing and implementing strategies
for risk management for MFIs
Module – 3 -Risk Profile: Analysis
Analyzing Risk Profiles in Equity-based instruments - Detecting risk in Mudaraba, Wadia
and Amana products - Comparing Mudaraba-based products with conventional
products - Identifying the risks in Mudaraba structuring - Risk weighing for Mudaraba
structures - Identifying key methods of risk management for Mudaraba - Analyzing Risk
Profiles of Musharaka and Diminishing Musharaka - Detecting risk in Musharaka and
Musharaka Diminishing - Reviewing the structures of Musharaka and Diminishing
Musharaka - Managing the risk in Musharaka and Diminishing - Risk profile of
Musharaka and Diminishing - Analyzing Risk Profiles in Sale-based Instruments
Detecting risk in Murabaha
Module – 4
Identifying the risks - Managing the risks - Analyzing Risk Profiles in Lease-based
Instruments Detecting risk in Ijara - Reviewing alternative Ijara structures - Risk
Profiling of Ijara structure
Disclosure and management of Ijara - Analyzing Risk Profiles in Forward Sale
Instruments - Reviewing alternative Salam and Istisna structures - Risk profiling of Salam
structures - Risk profiling of Istisna structures - Disclosure and management
Reference
Economic enterprises in Islam – Najathulla Siddiqui.
--------------------------------------------------------------------------------------------------------------------
CORE 12 OPERATIONAL ISLAMIC BANKING
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 6
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objectives

To know the basics of conventional banking and Islamic banking.

To overview the pros and cons of conventional and Islamic banking.
COURSE OUTLINE
Module – 1 (20 hours)
-Conventional Commercial Banking – working mechanism –
deposit schemes and its functioning – lending schemes – other supporting services
offered by commercial banks – profit making of commercial banking – interest rates for
deposit schemes and lending.
Module – 2 ( 20 hours) -Structure of an Islamic Bank - Structure of an Islamic Bank/Islamic
Banking Model - The Islamic Banking Markets: Funds Mobilization and utilization.
Financial Instruments being used to mobilize funds: Current Account - Saving Account Investment Account - Specific purpose investment account - General purpose
investment account
Module – (30 hours) -Financial instruments being used to utilize funds - Equity financing
- Project financing under the principle of Al-Mudaraba (Trustee Financing) -Project
Financing under the principle of al-Musharaka (Equity Joint Venture) - Al-QardAlhassan.
Debt Financing - Trading Financing - Commodity ventures as the basis of Murabaha Letter of credit under Al-Wakalah, Al-Mushariaka and Al-Mudarabaha.
Letter of Guaranntee - Financing working capital under Al-Murabaha - Rental (Venture
and Financing (Ijarah) - Equity Lease Purchase - Equity Hire Purchase - Partnership
Venture - Personal Finance - Trade Finance Deal - Company Business Financing Finishing work capital under the principle of Al-Murabaha - Mortgage Financing Procedure of Assessment of Profit/Loss Sharing.
Module – 4 (20 hours) -Balance Sheet and Income Statement Analysis of Islamic Banks
and Other Accounting Issues - Document and Documentation for Islamic Banks.
Challenges for Islamic Banks
Conversion of conventional banking to Islamic Banking.
References
Islamic Banking by Mervyn Lewis, Latifa M. Algaoud
Islamic Banking: How to Manage Risk and Improve Profitability By Amr Mohamed El
Tiby Ahmed – WILEY Publishing.
Banking theory and practice – K C Shekhar
Banking theory: Law and Practice – Rajesh, McGraw Hill Publisher------------------------------
CORE13 CORPORATE GOVERNANCE IN ISLAMIC FINANCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 6
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To understand the importance of corporate governance in different kinds of
business organization.
To describe the ethical elements of Islamic Finance
COURSE OUTLINE
Module – 1 (15 hours) -Corporate Governance– concepts – scope – the significances of
constitutions for corporate entities - difference between governance and management
– corporate governance in sole trading concern, partnership and companies.
Module – 2 (20 hours) -International Corporate Governance Guidelines [including SEC
guidelines] and their applicability to Islamic Banks - Corporate Governance at IFIs Corporate Governance In Islam - Corporate Governance processes and policies in
Islamic Banks - Guiding principles for Corporate Governance at Islamic Banks.
Module – 3 (20 hours) -The Shariah Supervisory Board - Fit and proper requirements
and the selection process - Internal Shariah Advisor/Officer - Roles and Responsibilities
- Monitoring, reporting and Audit structures Assessment of effectiveness - Separation of
parties (Shareholders Vs. Management)
Module – 4 (20 hours) -Conventional Banking Regulation and Supervision requirement
[ BASEL, BOFIA,etc Principles and Guidelines] - Microfinance Legal Frameworks,
Regulations and Policy - How the overall regulatory framework affects the integrations
of microfinance institutions into the financial system - Banking regulation and
supervisions in an Islamic framework - Information disclosure
The Role, Functions and Challenges Of Central Banks In Regulation And Supervision Of
Islamic Banks.Comparative Study of Islamic Banking And Islamic Banking Regulations
And Supervisions in U.K ,Malaysia - Shariah Advisory Board quality of Islamic Banking
Supervision and Regulation.
Reference
Corporate Governance: Principles, Policies and PracticesBy Bob Tricker – Oxford
Publications
An Islamic Perspective on GovernanceByZafarIqbal, ZafarIqbal, Mervyn Lew
---------------------------------------------------------------------------------------------------------------------
CORE 14 SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT
(Investment Management)
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 6
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
75 Hours Theory (4 hrs/wk)
Objectives:
To familiarize the students with the world of investments.
To provide a theoretical framework for the analysis and valuation of investments.
COURSE OUTLINE
Module I
18 Hours
The Investment Environment: The investment decision process - Types of Investments
Commodities, Real Estate and Financial Assets - security market indices Sources of
financial information - Concept of return and risk.
Module II
10 Hours
Fixed Income Securities: Bond features - types of bonds - estimating bond yields - types
of bond risks - default risk and credit rating –Bond valuation
Module III
20 Hours
Approaches to Security Analysis: Fundamental Analysis - Technical Analysis and Efficient
Market Hypothesis - dividend capitalisation models - price earnings multiple approach
to equity valuation.
Module IV
17 Hours
Portfolio Analysis and Financial Derivatives: Portfolio and Diversification -Portfolio Risk
and Return – Introduction to Financial Derivatives - Financial Derivatives Markets in
India.
Module V
10 Hours
Investor Protection: SEBI & role of stock exchanges in investor protection -investor
grievances and their redressal system - insider trading - investors’ awareness and
activism.
(Theory and problems may be in the ratio of 50% and 50%respectively)
Reference Books:
1. Donald E. Fisher and Ronald J. Jordan: “Securities Analysis and Portfolio
Management”, Prentice Hall, New Delhi.
2. S. Kevin: Security analysis and portfolio Managmennt
3. Sourain, Harry: “Investment Management”, Prentice Hall of India.
4. Francis and Archer: “Portfolio Management”, Prentice Hall of India.
5. Gupta L.C.: Stock Exchange Trading in India; Society for Capital Market Research
and Development, Delhi.
-------------------------------------------------------------------------------------------------------------------------------------
CORE 15 PROJECT WORK : DESIGNING AN ISLAMIC FINANCE
PRODUCT
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
NO. OF CREDITS
- 6
- 3
Project Work
During the sixth semester every student shall do a project. The student
may choose any topic from the subjects he/she has studied.
The candidate shall prepare and submit a project report to the
Department.
The report shall be printed and spiral bound with not less than 50 A4 size
pages.
The project report should be submitted to the Head of the Department one
month before the last working day of the sixth semester.
Project work shall have the following stages
o Project proposal presentation
o Field work and data analysis
o Report writing
o Draft project report presentation
o Final project report submission
The project can be done individually.
The candidate shall prepare at least two copies of the report: one copy for
submission to the Department and one copy for the student which he/she
has to bring with him/her at the time of viva voce. More copies may be
prepared If the organization or the guide or both ask for one copy each.
Duration of project work
The duration for project work is 3 weeks.
A certificate showing the duration of the project work shall be obtained
from the supervising teacher or from the organization for which the
project work was done and it shall be included in the project report.
Structure of the report
Title page
Certificate from the organization (for having done the project work)
Certificate from guide
Acknowledgements
Contents
Chapter I: Introduction (Organization profile, Research problem,
Objectives of the study, Research methodology etc.)
Chapter II: Review of literature
Chapters III and IV: Data Analysis (2 or 3 chapters)
Chapter V: Summary, Findings and Recommendations.
Appendix: (Questionnaire, specimen copies of forms, other exhibits etc.)
Bibliography (books, journal articles etc. used for the project work).
Evaluation of project report
The project report shall be subject to internal and external evaluation. The
internal evaluation shall be carried out by the supervising teacher and
external evaluation by the examiners appointed by the University inclusive
of Viva-voce examination.
=============================================================
ELECTIVE PAPERS
(TO BE CHOOSING ONE OUT OF THREE)
TITLE OF THE COURSE
IFC 6 E 01 ARABIC FOR BANKING AND INSURANCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 6
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 75 Hours ( Theory ) (3 hrs/wk)
COURSE OUTLINE
Unit 1
1-Chapter -5 ,Business arabic (page 187 )
2-Chapter-6 Business Arabic (Page 207)
Unit 2
3- Chapter -6 Money markets and commercial translation (page 230 -264)
4- Chapter -7 Business Arabic (Page-261) First titles and Balence sheets
Unit 3
5-Chapter 9 Business Arabic ( first half of the total nos .only –Page -301)
Prescribed Text Book s
1- A hand book of Commercial Arabic written-new edition –Dr KP
Aboobacker
2- Bussiness Arabic-By- Dr. AI Rahmathullah.
IFC 6E 02 MARKETING OF ISLAMIC BANKING PRODUCTS
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 6
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To understand about the marketing activities in Islamic banking.
To know the role of marketing in the international Islamic financial institutions
to expand its operations.
COURSE OUTLINE
Module – 1 (20 hours)
Concept of Marketing
Application of 5Ps of marketing
Product, Price, Promotion, Place and People
Marketing Ethics n Islamic Banking
Qualities and criteria of IB marketing personnel
Module – 2 (15 hours)
Packaging Islamic Banking Products
Broad categories of banking activities
Customers expectation
Module – 3 (20 hours)
Success factors in marketing Islamic Banking Products
oUniqueness of Islamic Banking Products
Effective ways in marketing of Islamic Banking Products
The do’s and dont’s in marketing
Module – 4 (20 hours)
Building Customer Relations and Care
Recognizing the importance of the customer
Opportunities and responsibilities when facing customers
Effective communication with Customers
Personalizing customer contact
Building businesses through customer contacts
Managing difficult customers
Reference
Economic enterprises in Islam – Najathulla Siddiqui.
Studies in Islamic Economics – Kurshid Ahammed.
Marketing Management – Philip Kotler.
---------------------------------------------------------------------------------------------------------------------
IFC 6 E 03 ISLAMIC FUND MANAGEMENT AND SECURITRY
MARKETING
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 6
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 75 Hours Theory (4 hrs/wk)
Objective


To overview the concepts of fund management in Islamic Finance.
To study the different kinds of securities in the Islamic finance.
COURSE OUTLINE
Module – 1 -Islamic Asset and Fund Management - Islamic Perspective of Wealth Purpose of Investment in Islam - Prohibited Industries and their Problems - The Islamic
Stock selection process and the role of the Shariah Supervision Board - The Crisis in
Global Wealth Management, US and Asia experience
Module – 2-Islamic Capital Market Instruments - The hierarchy of capital markets:
where do Islamic products - Islamic position in conventional stock market - Islamic
investment purification principles.
Commodity Murabaha - Islamic leasing - Islamic Equity Market Funds - Real Estate
Investment Trusts - Islamic Hedge Funds - Islamic Rating Systems - Islamic Market
Indices - Dow Jones Islamic Market index (DJIM) - FTSE Global Islamic Index Series Factors affecting innovation in Islamic Banking and Capital Market
Module – 3 -Islamic Securitization - Securitization for conventional banking products Securitization for Islamic Banking Products - The driving forces behind securitization What are the Shariah requirements for securitization?
Module – 4 -Islamic Bonds (Sukuk) - Sukuk basis - How have Sukuk evolved - How do
Sukuk differ from conventional bonds - AAOIFI Sukuk standards - Alternative Sukuk
structure - Sukuk and the private sector - Rating Sukuk - Risks associated with Sukuk
Reference
1. Chandra, P: “Financial Management- theory and practice”, Tata Mc Graw Hill.
2. Singh, J.K.: “Financial Management- text and Problems”, Dhanpat Rai and Company,
Delhi.
SYLLABI FOR COMPLEMENTARY COURSES
IFC1C 01 (BC1C01) MANAGERIAL ECONOMICS
SEMESTER-01:
Credits: 2
Objectives:

 To enable the students to understand the micro and macroeconomic
concepts relevant for business decisions 
 To help the students to understand the application of economic principles
in business management 
Module I
Introduction - Definition of Managerial economics - objectives - characteristics - uses decision making and forward planning - basic economic tools in management
economics.
8 Hours
Module II
The concept of demand and elasticity of demand - Demand curve: Individual demand
curve, Market demand curve, Movement along Vs shifts in the Demand curve, Elasticity
of Demand: Price, Income and cross - Demand estimation and demand forecasting concept of revenue: Average Revenue and Total Revenue - Marginal Revenue and
Incremental Revenue.
12 Hours
Module III
Production: Fixed and Variable inputs, Production function, Total, Average and
Marginal Product, Law of variable proportions, Linear homogeneous production function
- production isoquants, marginal rate of technical substitution - optimal combination of
resources - return to scale - cost of production - social and private cost of production difference between economic and accounting cost - long run and short run cost of
production - Economics and diseconomies of scale.
20 Hours
Module IV
Price and output decisions under different market structures: Price and output decisions
under perfect competition, monopoly and monopolistic competition - pricing under
oligopoly - kinked demand curve - price leadership - pricing, under collusion.
10 Hours
43
Module V
A. Pricing policies and practices: factors governing prices - objectives of pricing policy
- Role of cost in pricing - demand factor in pricing - consumer psychology and pricing
- pricing methods: cost-plus or full-cost pricing - Target pricing - Marginal cost pricing
- going rate pricing - follow up pricing - Barometric pricing - customary prices Pricing of new products: Penetrating pricing - Price skimming.
B. Macro Economics and Business decisions: Phases of Business cycle - Evil effects
of cyclical fluctuations on business firms - Minimising effects of Business cycles.
Economic Forecasting for business: Economic and Business forecasting - uses of
economic forecasts - Methods of economic forecasting - selecting a forecast evaluating forecasts.
25
Hours
Reference Books:
1.
R.L. Varshney and K.L. Maheswari,Managerial Economics
2.
D.N. Dwivedi, Managerial Economics
3.
Dr. S. Sankaran, Managerial Economics
4.
D M Mithani : Business Economics
5.
Seth M L Text Book of Economic Theory
6.
K K Dewett : Economnic Theory
7.
Petersen & Lewis: Managerial Economics
8.
Mote V L peul. S & Gupta G S: Managerial Economics
9.
H. Craig Petersen & W. Cris lewis: Managerial Economics
10.
Dr. P.N. Reddy and H.R. Appanaiah : Essentials of Business Economics
11.
Barry Keating and J. Holton Wilson: Managerial Economics
IFC 1C 02 COMPUTER FUNDAMENTALS
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 1
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30( Theory ) -15 (Practical ) 45 Hours
(2hrs/wk)
COP 03 –IFC 2C 03 Computer Application in Business
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 2
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30( Theory ) -15 (Practical ) 45 Hours 2 hrs/wk)
Objective:
To enable the students to acquire basic knowledge in the various office automation
tools and its
applications in the various areas of business.
COURSE OUTLINE
Module 1:
10 Hrs
Computer – definition - Computer users - Computer for individual users - Computer for
organizations - Computer in society –Components of Computer - input unit - output unit
- storage unit CPU- ALU - control unit - registers - computer hardware – System software
- Application software.
Module II
(Theory 15 hours and practical 10 hours)
Word Basics : Starting word - Creating a new document - Opening preexisting document
- The parts of a word window - Typing text - Selecting text - Deleting text - Undo – Redo
– Repeat - Inserting text -Replacing text - Formatting text - Cut - Copy - Paste –
Formatting Text and Documents - Auto format -Line spacing – Margins - Borders and
Shading.
Headers and Footers : Definition - creating basic headers and footers –Tables - Creating
table – adding changing Deleting rows - Inserting changing Deleting column - Graphics Importing graphics – Clipart - Insert picture - Clip Art Gallery - drawing objects - text in
drawing.
Templates: Template types - using templates - exploring templates - modifying
templates.
Macros: Macro - Record in macros - editing macros - running a macro.
Mail Merge: Mail Merge concept - Main document - data sources - merging data source
and main document - Overview of word menu options - word basic tool bar.
Module III:
(Theory 15 hours and practical 10 hours)
MS EXCEL Electronic Spreadsheet - Structure of spreadsheet and its applications to
accounting, finance, and marketing functions of business - Creating a dynamic /
sensitive worksheet - Concept of absolute and relative cell reference - Using built in
functions - Goal seeking and solver tools - Using graphics and formatting of worksheet Sharing data with other desktop applications - Strategies of creating error- free
worksheet.
Module III:
(Theory 10 hours and practical 10 hours)
Power Point : Basics – Terminology - Getting started - Views - Creating Presentations Using auto
content wizard - Using blank presentation option - Using design template option Adding slides – Deleting a slide - Importing Images from the outside world - Drawing in
power point - Transition and build effects - Deleting a slide - Numbering a slide - Saving
presentation - Closing resentation - Printing presentation elements.
Module IV: (Theory 10 hours)
Internet concept – History - Development in India - Technological foundation of internet
– Distributed computing - Client – server computing - internet protocol suite Application of distributed computing - Client server computing - Internet protocol suite
environment - Domain Name System (DNS) - Generic Top Level
Domain (g TLD) - Country code Top Level Domain (cc TLD) – Indian – Allocation of
in the internet
second level domains - IP addresses - Internet Protocol - Applications of internet in
business, Education, Governance, etc.
Books for Reference
1. Ron Mansfield, Working in Microsoft office, Tata McGraw Hill (2008)
2. Ed Bott, woody Leonhard, using Microsoft Office 2007, Pearson Education (2007)
3. PCSoftware Made Simple-R.K.Taxali
4. Office 2000 complete reference - Stephen L.Nelson
IFC 2C 04(BC2C02 )MARKETING MANAGEMENT
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 2
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30( Theory ) -15 (Practical ) =45 Hours
(2hrs/wk)
Objectives:
 To provide basic knowledge about the concepts, principles, tools and
techniques of marketing. 
 To impart necessary knowledge which help the student to choose a career in
the field of marketing. 
 To expose the students to the latest trends in marketing. 
Module-1
Marketing-meaning and definition-scope and importance-evolution of marketing
concepts-modern concept of marketing-marketing mix-marketing environmentconsumer behaviour- buying motives-consumer buying process-factors influencing
consumer buying decision-market segmentation-basis-target marketing-product
positioning-importance and bases
20
Hours
Module-2
Product-meaning and importance-classification-concept of product mix-packagingbranding-brand loyalty and brand equity-labeling-product life cycle-new product
development-pricing-factors influencing product price-pricing policies and strategies
15
Hours
Module-3
Physical distribution-meaning and importance-levels of marketing channelswholesaling and retailing- types of retailing - factors influencing choice of distribution
channel
10
Hours
Module-4
Promotion-meaning and importance –promotion mix-advertising-personal selling-sales
promotion-public relation-factors affecting promotion mix decisions
10
Hours
Module-5
Rural marketing-growing importance-unique features of rural markets-market mix
planning for rural market-service marketing Vs. product marketing-green marketingsocial marketing-relationship marketing-niche marketing
15
Hours
Module-6
E-marketing-traditional marketing vs. e- marketing-internet marketing-e advertisingnew trends in internet marketing-e branding - e-payment systems and security features
in internet.
5
Hours
Reference Books:
1. S.A. Sherlakar - Marketing Management, Himalaya.
2. Fundamentals of Marketing, William J Stanton, Mc Graw Hill Publishing Co,
New York
3. Marketing by Lamb, Hair, Mc Danniel – Thomson.
4. Marketing by Evans & Berman, 2/e, Biztantra.
5. Marketing – Concepts, strategies by William M Pride, O C Fewell,
Biztantra.
6. Marketing Management, Ramaswamy & Namakumari, Macmillan.
7. Marketing Management, Arun Kumar & Meenakshi, Vikas.
8. Principles of Marketing, Philip Kotler, Armstrong, Pearson
Education.
----------------------------------------------------------------------------------------------------
IFC 3C 05 COMPUTERISED ACCOUNTING WITH TALLY
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
3
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30 Theory and 15 practical = 45 Hours (2
hrs/wk)
Objective:
To enable the students to acquire basic knowledge in the computerised accounting
systems and its applications in the area of business.
COURSE OUTLINE
Module I 10hours)
Introduction to accounting - accounting basis and terms - branches of accounting mode of accounting - manual accounting - computerized accounting fundamentals.
Module II (10 Theory hours and 10 practical hours)
Accounting with Tally - Introduction to Tally - tally interface - f11 features-f12
configuration - company creation - accounting groups - accounting ledgers accounting vouchers – vouchers entry.
Module III (10 Theory hours and 10 practical hours )
Inventory management with tally - stock groups - stock items - stock category - unit of
measures– godown inventory vouchers (Pure inventory and inventory vouchers)
Module IV (15 theory hours and 5 practical hours )
Accounting and inventory reports - Trading, Profit and loss A/c - balance sheet ledgers cost centre and budget reports - cash book and bank book - inventory reports
- Decision supporting tools - Ratio analysis - cash flows - fund flow-budgeting system printing of reports – voucher and bill printing etc.
Module V (15 theory hours and 5 practical hours)
Technology advantage of Tally - Tally audit - Tally vault-back up, restore, merge and
split o fdatabase - ODBC interface - export and import of data - web enabled reporting
- online support of software.
Reference Books
1.A.K. Nadhani and K.K. Nadhani – Implementing Tally 6.3, I/e BPB Publications; New
Delhi
2. Namrata Agarwal – Tally 6.3; 2004 edition; Dream Tech; New Delhi
3. Tally, Sridharan, Narmadha publications, May 2
IFC 3C 06 (EC 3C 03) BANKING
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
3
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30 Theory and 15 practical = 45 Hours (2
hrs/wk)
Module 1:
Banks, Evolution and Economic Importance, Functions, Growth of Banking in India.
Module 2:
Commercial Banking, Branch Banking Vs Unit Banking, Group Banking, Chain
Banking, Mixed Banking, Clearance Banks, Balance sheet, Rules of Management of
funds, Assets, Liabilities, Financial Intermediaries, Bank Failures, Deposit Insurances,
Merchant Banking, Nationalisation of Banks in India : An overview of Changes after
Nationalisation.
Banking 2
Module 1:
Negotiable Instruments, Cheques, Bills, Treasury bills, Acceptance Houses, Discounts,
Money Market, Peculiarities of Indian Money Market; Deposits; Borrowings; Primary
and Secondary Resources, Loans, Practices in Lending, Credit Circulation, Limitations.
Module 2:
Accounts: Joint accounts, Partnership, Company guarantees, Individual Surety, Joint
and Several Guarantee, Security, Exchange Securities, Life Policies, Payment and
Collections of Cheques, Dishonouring, Negotiability, Crossing and Account payee.
Banking 3
Module 1:
Central Banking: Evaluation Functions, Rules of note issue system in India, Bankers‟
Bank, Reserve Functions, Statutory Minimum, Banker to Government, Custodian
Notions, Reserve, Credit Control, Objectives, Methods, Limitations, Lender of the last
resort, Bank Rate, Open market operations, Exchange control, Reserve Bank.
Module 2:
Development Banks in India : IFCI, SFCS, IDBI, NIDC, NSIC, SIDBI: Capital market
in India, Emerging trends, Mutual Funds. New Generation Banks.
Banking 4
Module 1:
Agricultural Banking, Land Development Banks, Co-operative Banks, Regional Rural
Banks, NABARD.
Module 2:
Financial Liberalisation and its impacts. Recommendations of Narasimhan Committee
– Financial Crisis and the Role of Public Sector Banks.
Suggested Readings:
6.R.S. Sayers, Modern Banking. – Mac millon
7.M.D. Decock, Central Banking.
8.S.K. Basu, Banking in India.
9.Milnes Holdern, Studies in Practical Banking.
10.I.C. Dhingra, Indian Economy. Sulthan Chand and sons.
IFC 4C 07 E-COMMERCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
4
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30 Theory and 15 practical = 45 Hours (2
hrs/wk)
Objectives:


To enable the student to understand basics of E-Commerce
To gain a practical orientation to E-Commerce and E- Business management
COURSE OUTLINE
Module I – Introduction to E- commerce : Meaning and concept – Ecommerce v/s Traditional Commerce- E- Business & E- Commerce –
History of E- Commerce – EDI – Importance , features & benefits of ECommerce – Impacts, Challenges & Limitations of Ecommerce – Supply
chain management & E – Commerce – E – Commerce infrastructure.
10 hours
Module II – Business models of E – Commerce: Business to Business –
Business to customers – customers to customers - Business to
Government – Business to employee – E – Commerce strategy –
Influencing factors of successful E- Commerce.
10 hours
Module III – Marketing strategies & E – Commerce : Website –
components of website – Concept & Designing website for E- Commerce
– Corporate Website – Portal – Search Engine – Internet Advertising –
Emergence of the internet as a competitive advertising media- Models of
internet advertising – Weakness in Internet advertising – Mobile
Commerce.
10 hours
Module IV – Electronic Payment system : Introduction – Online payment
systems – prepaid
and postpaid payment systems – e- cash, e- cheque, Smart Card, Credit
Card , Debit Card,
Electronic purse – Security issues on electronic payment system –
Solutions to security issues – Biometrics – Types of biometrics.
15 hours
Module V – Legal and ethical issues in E- Commerce: Security issues in ECommerceRegulatory frame work of E- commerce.
05 hours
Reference Books:
1. Turban, Efraim, David King et. el.: Electronic Commerce: A Managerial
Perspective,
Pearson Education Asia, Delhi.
2. Kalakota, Ravi: Frontiers of Electronic Commerce, Addison - Wesley,
Delhi.
3. Rayport, Jeffrey F and Jaworksi, Bernard J: Introduction to ECommerce, Tata McGraw
Hill, New Delhi.
4. Smantha Shurety,: E-Business with Net Commerce, Addison - Wesley,
Singapore.
5. Rich, Jason R: Starting an E-Commerce Business, IDG Books, Delhi.
6. Laudon, Kenneth C and Carol Guercio Traver : E-Commerce business.
Technology.
Society, Pearson Education, Delhi.
7. Stamper David A, and Thomas L.Case: Business Data Communications,
Pearson
Education, New Delhi.
8. Willam Stallings: Business Data Communications, Pearson Education,
New Delhi
--------------------------------------------------------------------------------------------------
IFC 4C 08 (BC4C04)
QUANTITATIVE TECHNIQUES FOR BUSINESS
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
4
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
- 30 Theory and 15 practical = 45 Hours (2
hrs/wk)
Objectives:
 To familiarize student with the use of quantitative techniques in managerial
decision making. 
Module – I: Quantitative Techniques – Introduction – meaning and definition –
classification of QT, QT and other disciplines – application of QT in business –
limitations.
05
Hours
Module –II: Correlation and regression analysis-meaning and definition of correlationKarl Pearson‟s coefficient of correlation- rank correlation-Regression-typesdetermination of simple linear regression-Coefficient of determination.
20
Hours
Module – III
Set theory- Probability-concept of probability –meaning and definition-approaches to
probability- Theorems of probability-addition theorem-multiplication theoremconditional probability-inverse probability-Baye‟s theorem.
15
Hours
Module-IV: Theoretical distribution-binomial distribution-basic assumptions and
characteristics-fitting of binomial distribution-Poisson distribution –characteristicsfitting of Poisson distribution-Normal distribution-features and properties-standard
normal curve.
15
Hours
Module-V: Statistical inference- testing of hypothesis-procedure-error in testing-two
tail tests and one tail tests-nonparametric tests- Chi-square test, Wilkoxen test.
Parametric tests-Z test- test of significance of large samples-test for two sample meanssmall sample mean tests-Students t test-Analysis of variance-F-test-one way ANOVA
and two way ANOVA tests.
20
Hours
Reference Books:
1 Richard I.Levin and David S. Rubin, Statistics for Management, Prentice
Hall of India, latest edition.
2 S.P.Gupta, Satistical Methods, Sultan Chand, latest edition
3 Sanchetti and Kapoor, Statics, Sultan Chand.
4 G.C.Beri, “ Statistics for management”, Tata Mc Graw Hill,
2003 5 J.k.Sharma, “ Business Statistics”, Pearson, 2004
6 Anderson Sweeney Williams, “ Statistics for Business and Economics”,
Thomson. 7 R.P.Hooda, “ Statistics for Business”, Mc Millan.
8 Levine Krehbiel & Bevenson, “ Busines statistics”, Pearson edition , Delhi.
COMMON PAPERS
A 01: Communication Skills in English
COURSE CODE
TITLE OF THE COURSE
SEMESTER IN WHICH THE COURSE IS
A01
COMMUNICATION SKILLS IN ENGLISH
TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
3
72 (4 hrs/wk)
1. AIMS OF THE COURSE
a. To impart advanced training in standard pronunciation,
word stress and intonation
b. To train students in the correct use of English in a formal way
c. To improve the learners’ vocabulary by familiarizing them with
the ways of word formation
d. To develop communication skills by providing theoretical
knowledge of the mechanism of effective communication
2. OBJECTIVES OF THE COURSE
On completion of this course, the student should be able to:
a. speak English with an unaffected accent using stress and
intonation
b. use acceptable English in academic writing
c. use English language in a more meaningful way with an
enriched word power
d. communicate in a professional way using various
communication strategies
3. COURSE DESCRIPTION
i. COURSE SUMMARY
Module 1:
Module 2:
Module 3:
Module 4:
Evaluation:
Total
Phonetics Basics
English Language
Vocabulary
Communication
9
10 hours
27 hours
10 hours
15 hours
10 hours
72 hours
ii.
COURSE DETAILS
MODULE – I: PHONETICS BASICS
Received Pronunciation – Sounds: Vowels/Diphthongs, Consonants –
Syllables – Word stress – Transcription of words- Weak forms –
Intonation
MODULE – II: ENGLISH LANGUAGE
Parts of speech – Articles – Modals – Sentence types – Subject-verb
concord – Tenses – Voice – Reported speech – Clauses – Tag
questions – Punctuation – Common errors - Jumbled sentences
MODULE III: VOCABULARY
Word formation – Synonyms, Antonyms – Homonyms, Homophones
– Words often confused – One word substitution – Phrasal verbs –
Idiomatic expressions - Eponyms
MODULE IV:
(A) Communication
Communication, an overview – Definition & Process – Features –
Importance – Forms – Barriers – Remedies – Non verbal
communication – Body language – Paralinguistic features –
Proxemics/Space distance – Haptics
(B) Telephonic
interviews
skills
–
Group
Discussion
–
Facing
4. READING LIST
a) Core Text
Sl.
No.
1
Title
Author
Publisher & Year
Communication Skills
in English
Sanjay Kumar
& Pushp Lata
New Delhi, Oxford
University Press,
June, 2012
10
b) Further Reading
Sl.
No
Title
Author
1
Communication Skills
2
Communication Skills
3
A Remedial English
Grammar for Foreign
Students
Towards Academic
English
4
Sanjay Kumar
& Pushp Lata
Meenakshi
Raman &
Sangeeta
Sharma
F.T. Wood
Mark Cholij
Publisher &
Year
New Delhi,
OUP, 2011
New Delhi,
OUP, 2011
New Delhi,
Macmillan,
1965
New Delhi,
CUP, 2007
5. WEB RESOURCES
Phonetics
Available at http://alturl.com/5ts8a, accessed on 1st
February 2012.
Available at http://alturl.com/vdj22 , accessed on 1st
February 2012.
English Language
Available at http://alturl.com/rmyic, accessed on 1st
February 2012.
Available at http://alturl.com/5berq, accessed on 1st
February 2012.
Vocabulary
Available at http://alturl.com/tjwbe, accessed on 2nd
February 2012.
Available at http://alturl.com/8pahp, accessed on 2nd
February 2012.
Communication
Available at http://alturl.com/vs5n6, accessed on 2nd
February 2012.
Available at http://alturl.com/5ciin, accessed on 2nd
February 2012.
6. EVALUATION
A Model Question paper is appended to the Core Text
11
A02: CRITICAL REASONING, WRITING & PRESENTATION
COURSE CODE
TITLE OF THE COURSE
A02
CRITICAL REASONING, WRITING &
PRESENTATION
SEMESTER IN WHICH THE COURSE IS TO
BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
3
90 (5 hrs/wk)
1. AIMS OF THE COURSE
a. To help students improve their thinking in a systematic way by
familiarizing them with the major basic mental operations and
skills through the names associated with them
b. To impart effective reading skills by giving extensive practice in
reading comprehension exercises
c. To prepare students to master the art of condensation,
and compose an effective letter and a successful résumé
d. To impart effective training in the logical mechanism of writing
an essay
e. To acquaint the learners with the mechanics of Power
Point Presentations
2. OBJECTIVES OF THE COURSE
On completion of this course, student should be able to:
a. think in a logical way by identifying the fallacies in arguments and to
appreciate the value of looking at an issue from various points of view
without possible biases
b. read and comprehend the major points discussed in various types
of written texts
c. make notes, write précis, letter and résumé
d. write an essay in a systematic manner
e. make academic presentations precisely, logically and effectively
3. COURSE DESCRIPTION
Module 1:
Critical Thinking:
20 hours
Module 2:
Reading Comprehension:
10 hours
Module 3:
Academic Writing
40 hours
Module 4:
Presentation Skills:
10 hours
Evaluation:
10 hours
Total
90 hours
12
COURSE DETAILS
MODULE – I: CRITICAL THINKING
i.
Facts and Opinions
ii.
Comparing
fact – opinion – to confirm – source – critical - premise
to compare – to contrast – to distinguish – analogy
– metaphor –
model
iii.
Reasoning
statement – argument – conclusion – evidence - to infer –
reason - reasoning
iv.
Mistakes in Reasoning
fallacy – propaganda – irrelevant - to rationalize - slippery
slope - ad hominem - false dilemma - to beg the question
MODULE – II: READING COMPREHENSION
Reasons for Poor Comprehension – How to Improve
Comprehension Skills – Techniques for Good
Comprehension – Skimming and Scanning – Non-verbal
signals – Structure of the text – Structure of Paragraphs –
Punctuation – Author’s Viewpoint – Reader Anticipation
– Summarizing – Reading Comprehension
MODULE III: ACADEMIC WRITING
i.
ii.
iii.
Note Making (Methods of preparing notes)
Précis (Summary – Abstract – Synopsis – Paraphrase – Précis:
Methods)
Letter & Résumé
a.
b.
iv.
Essay
a.
b.
Letter
Structure & Elements – Types of letter: Application
& Cover - Acknowledgement – Recommendation –
Appreciation – Acceptance – Apology – Complaint –
Inquiry – Order
Résumé
Types & Features – Preparing a Résumé
Writing a five paragraph essay
Essay analyzing literature
MODULE IV: PRESENTATION SKILLS
Combating stage fright – Public Speaking - Preparing Power
Point Slides for Presentations – Delivering a Presentation
13
4. READING LIST
c) Core Text
Sl. No
Title
Author
Critical Thinking,
Academic Writing and
Presentation Skills
1
BoS English
(ed)
Publisher &
year
New Delhi,
Oxford
University
Press, June,
2012
d) Further Reading
Sl.
No
Title
Author
Phil Washburn
4
The
Vocabulary
of
Critical Thinking
A Practical
Guide to
Critical Thinking
Reason
to
Write:
Strategies for Success in
Academic Writing
Communication Skills
5
Communication Skills
6
English Idioms in Use
1
2
3
Publisher &
Year
New York, OUP,
2010
David
A. New
Jersey,
Hunter
Wiley, 2009
Robert
F. New York, OUP,
Cohen & Judy 2003
L. Miller
Sanjay Kumar New
Delhi,
& Pushp Lata
OUP, 2011
Meenakshi
New
Delhi,
Raman
& OUP, 2011
Sangeeta
Sharma
Michael
Cambridge,
McCarthy
& CUP, 2002
Felicity O’Dell
5. WEB RESOURCES
Critical thinking
Available at http://alturl.com/rbymr, accessed on 26th
January 2012.
Available at http://alturl.com/ms2jc, accessed on 26th
January 2012.
Reading Comprehension
14
Page 15 of 92
Précis
Available at http://alturl.com/bv5ph, accessed on 26th
January 2012.
Available at http://alturl.com/tmaxt, accessed on 26th
January 2012.
Available at http://alturl.com/nqjfi, accessed on 26th
January 2012.
Available at http://alturl.com/fse58, accessed on 26th
January 2012.
Letters
Available at http://alturl.com/hvqes, accessed on 26th
January 2012.
Available at http://alturl.com/prfxa, accessed on 26th
January 2012.
Résumé
Available at http://alturl.com/9b4pa, accessed on 26th
January 2012.
Available at http://alturl.com/ci55g, accessed on 26th
January 2012.
Essays
Available at http://alturl.com/9txx2, accessed on 26th July
2012.
Available at http://alturl.com/q9wky, accessed on 26th
January 2012.
Presentation Skills
Available at http://alturl.com/hgyy8, accessed on 26th
January 2012.
Available at http://alturl.com/4nayz, accessed on 26th
January 2012.
6. EVALUATION
A Model Question paper is appended to the Core Text
UNIVERSITY OF CALICUT
15
A-03 READING LITERATURE IN ENGLISH
COURSE CODE
TITLE OF THE COURSE
SEMESTER IN WHICH THE
COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
AO3
READING LITERATURE IN
ENGLISH
4
72(4hrs/wk)
1. AIMS OF THE COURSE
A. To acquaint the students with different genres of Literature
B. To make students read and enjoy literature and to critically
analyse the different forms.
2. OBJECTIVE OF THE COURSE
On completion of this course, the student,
A. Should be aware of the characteristics of literature as a
literary genre.
B. Should be able to pinpoint the linguistic qualities.
C. To unravel the many meanings of the text
D. Should develop acumen to read, appreciate and discuss
literature and its ramifications at various levels.
3. COURSE OUTLINE
MODULE 1: PROSE
1. Charles Lamb
;
Dream children-A reverie
2. Dr. A.P.JAbdul Kalam.
3. J.B.Priestley
4. Bertrand Russell
:
:
:
Give us a role Model.
Travel by Train.
Knowledge and Wisdom
MODULE II: POETRY
1. William Shakespeare
2. William Blake
3. William Wordsworth
4. Robert Frost
5. Emily Dickinson
:
:
:
:
:
True Love.
A Poison Tree.
Lucy Gray.
The Road Not Taken
There is a certain slant of
Light
16
6. Rabindranath Tagore
7. Kamala Das
:
:
Heaven of freedom
Middle Age.
MODULE III: SHORT STORY.
1. R.K.Narayan
2. O.Henry
:
:
An Astrologer’s Day
Last Leaf.
MODULE IV: DRAMA
1. Lady Gregory
:
The Rising of the Moon
2. Anton Chekov
:
The Bear
(Selected Works -Vol. II Plays. Progress Publishers, Moscow)
4. READING LIST
A) Core Text
(A text containing the above lessons will be made available)
5. MODEL QUESTION PAPER
(To be incorporated)
A-04 READINGS ON INDIAN CONSTITUTION, S ECULAR STATE
& SUSTAINABLE ENVIRONMENT
COURSE CODE
AO4
TITLE OF THE COURSE
READINGS ON INDIAN CONSTITUTION,
SECULAR STATE & SUSTAINABLE
ENVIRONMENT
2
SEMESTER IN WHICH THE
COURSE IS TO BE TAUGHT
NO. OF CREDITS
4
NO. OF CONTACT HOURS
90 (5 hrs/wk)
1. AIMS OF THE COURSE
•
To inculcate secular, democratic and environmental values in the
students
2. OBJECTIVE OF THE COURSE
•
•
•
•
To give students a general understanding of India’s
constitution and secular Tradition
To enable students to understand the plural traditions of India
To strengthen the value of and spirit of comradeship
To inculcate environmental awareness among students
. COURSE DESCRIPTION
i.
COURSE SUMMARY
Module 1:
Essays
Module 2:
Short Story (3 x 4)
hours Module 3:
Poetry (3 x 4)
12 hours
Module 4:
Drama (1 x 20)
hours
Evaluation
hours
Total
36 hours
12
20
10
90 hours
MODULE I - ESSAYS
1. Ambedkar’s speech on 4th November 1948 in the Constituent
Assembly
2. Salient features of Constitution
– Subhash C. Kashyap
3. Why is secularism important for India?– Neera Chandhoke
4. The Limits of Human Power
– Bertrand Russell
5. Silent Spring (Chapter II)
– Rachel Carson
MODULE II - STORY
1. A Night Never to be Lost - Sara Joseph
(Chapter 15 of ‘Gift in Green’- translated by Valsan
Thampu)
2. Talking Plough – Ponkunnam Varkey (Translation)
3. Another Community – R.K.Narayan
MODULE III POETRY
1. On Killing a Tree – Gieve Patel
2. Factories are Eye-sores – Baldoon Dhingra
3. In the Sanatorium for Trees – Veerankutty
MODULE IV DRAMA
1. English Translation of ‘Abhijnana Sakunthala’ Act IV
4. READING LIST
A) Core Text (‘Insight’ Published by Macmillan - 2012)
5. MODEL QUESTION PAPER
(To be incorporated)
Revised Syllabi for Common Courses 2012 – 13 onwards
A-05 LITERATURE AND CONTEMPORARY ISSUES
COURSE CODE
TITLE OF THE COURSE
SEMESTER IN WHICH THE
AO5
LITERATURE AND CONTEMPORARY ISSUES
COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
3
4
90 (5 hrs/wk)
1. Aims of the Course
a. To encourage a detailed discussion on the impacts of the Globalization
so that it leads to a realization that it is not the only developmental
model
b. To convey ideas and information concerning human rights and nurture
the values and attitudes that lead to the support of those rights
c. To neutralize gender bias by encouraging a reversal of traditional
attitudes and role expectations
2. Objectives of the Course
On completion of this course, the student should be able to:
a. realize that there are alternatives to the neo-liberal ideology
b. respect, promote and defend the rights of all people.
c. promote gender equality
3. COURSE DESCRIPTION
i.
Course Summary
Module 1:
Module 2:
Module 3:
Module 4:
Evaluation:
Total
Prose
Poetry
Short Story
Drama
20 hours
20 hours
20 hours
20 hours
10 hours
90 hours
COURSE DETAILS
ii.
MODULE I: PROSE
1.
F. Douglas
2.
3.
4.
Roland Barthes
Andrew Clapaham
Vijayalakshmi Pandit
MODULE II: POETRY
Narrative of the Life of Frederick Douglas, An
American Slave (Chapter VIII)
Toys
Discrimination and Equality
So I Became a Minister
Ibrahim al-Rubaish
Pablo Neruda
Maya Angelou
Kamala Das
9. Sylvia Plath
10. Imtiaz Dharker
5.
6.
7.
8.
Ode to the Sea
The Portrait in the Rock
Still I Rise
Ghanashyam
Daddy
Another Woman
MODULE III: SHORT STORY
11. Bibhas Sen
12. Waman Hoval
13. Xiaolu Guo
14. Cornelia Sorabji
Zero-Sum Game
The Storied House
An Internet Baby
The Fire is Quenched
MODULE IV: DRAMA
15. Nabaneeta Dev Sen
Medea
4. READING
LIST a. Core Text
Sl.No.
Title
1
Literature and Contemporary Issues
Author
BoS English (ed)
Publisher & Year
Orient Blackswan 2012
b. FURTHER READING
Sl.
No.
1
Title
Author
Globalization:
A Very Short Introduction
Manfred B. Steger
2 The Poisoned Bread.
Arjun Dangle (ed)
21
Publisher & Year
New york, Oxford University
Press, 2009
Bombay, Orient Longman, 1992
3
The Individual and Society
4
Human Rights:
A Very Short Introduction
5
New Delhi, Pearson Longman,
2005
Andrew Clapham
New York, Oxford University
Press, 2007
Makarand Paranjape (ed)
Chennai, Macmillan, 1993
Eunice de Souza &
Lindsay Pereira (ed)
New Delhi, Oxford University
Press, 2002
The Dept of English,
University of Delhi
New Delhi, Orient Longman,
2007
Vijay Tendulkar
New Delhi, Oxford University
Press, 2000
Indian English Poetry
Women’s Voices:
6
Selections from Nineteenth and
Early Twentieth Century Indian
Writing in English
7
Living Literatures:
An Anthology of Proseand Poetry.
8
The Dept of English,
University of Delhi
Silence:
The Court is in Session
5. Web Resources
•
‘Narrative of the Life of Frederick Douglas, An American Slave’ by
F. Douglas: (in pdf. format)
Available at http://alturl.com/64dzw Accessed on 20th April 2012
•
‘Ode to the Sea’: From Marc Falkoff. Poems from Guantánamo:
The Detainees Speak
Available at http://alturl.com/6uiye Accessed on 20th April 2012
Xiaolu Guo’s ‘An Internet Baby’
Available at http://alturl.com/dz8ev Accessed on 20th April 2012
Sylvia Plath’s ‘Daddy’
Available at http://alturl.com/fym99 Accessed on 20th April 2012
•
•
A 06: HISTORY AND PHILOSOPHY OF SCIENCE
COURSE CODE
TITLE OF THE COURSE
SEMESTER IN WHICH THE COURSE IS
A06
HISTORY AND PHILOSOPHY OF SCIENCE
TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
4
90 (5 hrs/wk)
I.
AIM OF THE COURSE
To give students a basic understanding of the evolution of science
and scientific method, and to instill in them a scientific temperament.
II.
OBJECTIVE OF THE COURSE
At the end of the course the students should be able –
III.
•
To realize that science is a human Endeavour, a search for the
secrets of the universe through a methodology, which is based
on facts and proven results only, without recourse to any
supernatural power or influence.
•
To trace the evolution of this process, and to distinguish it
from other methods of ‘seeking the truth’.
•
To understand and appreciate the contributions of various
people and civilizations to this pursuit, and also to discern the
kind of socio‐political environment which encourages scientific
enquiry and which stifles it.
•
To develop familiarity with the current challenges facing
science and scientific temper.
COURSE OUTLINE
MODULE I THE HISTORY OF SCIENCE
1. General History of Science
‐ Paul Tannery
2. The Actuality of the History of Sciences ‐Gaston Bachelard
3. The Need for Studies in the
History of Science
‐Susheel Kumar Mukherjee
MODULE II THE GREAT MASTERS
1. The World as I See it.
2. Some Memories
3. Alfred Nobel
‐ Albert Einstein
‐ C.V.Raman
‐ Egon Larsen
MODULE III THE SOCIAL DIMENSIONS OF SCIENCE
1. Science and Society
2. Public Knowledge
MODULE IV SCIENCE AND LITERATURE
‐ Albert Einstien
‐ J.M.Ziman
1. Are Men of Science Scientific?
‐ Bertrand Russell
2.
3.
4.
5.
IV.
Sl.No
The Two Cultures
Dover Beach
The Pylons
My Son, the Physicist
‐ C.P. Snow
‐ Matthew Arnold
‐ Stephen Spender
‐ Issac Asimov
READING LIST
a) Core Text (Tangential Wisdom – Published by Ane Books Pvt. Ltd.)
Title
Author
Publisher & Year
1
Ideas & Opinions
2
Science and Society – A
Collection of Essays
3
The History of Sciences:
The French Debate
Edited by Pietro Redondy with
P.V.Pillai
4
Mortals & Others:
American Essays 1931‐
1935 Vol.1
Bertrand Russel
5
Twentieth Century Prose
Edited by Dr.V.Sachithanandan
Macmillan. 1973
6
Drumbeats: An Anthology
of Prose by Nobel
Laureates
Edited by Mary T David & V.S
Muthiah
B I Publication 1991
7
Paths of Glory: An
Anthology of Biographies
Edited by P.Rangasamy
Macmillan India Ltd.
1983
V.
Albert Einstien
(Translation & Revision by
Sonja Bargman
Susheel Kumar Mukharjee
Model Questions (To be incorporated)
Breakthrough Science
Society, 2007
Orient LongmanLtd,
1989
COMMON PAPERS-LANGUAGE-ARABIC
AR1A07(1)COMMUNICATIVE SKILL IN ARABIC
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 1
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 60 Theory and 30 practical = 90 Hours (4 hrs/wk)
Aims and Objectives
•To teach the students the basics of interpersonal interaction in Arabic
•To train the students to communicate in Arabic in selected situations
Module 1. Interpersonal Interaction
•Knowing each other
•The traveler
•The picture
•The lunch
•Accommodation
Module 2. Situational Conversation I
•The Family
•Are you sure?
•I am a student
•The street is crowded
•What is your opinion?
Module 3. Situations Conversation II
•What is your Hobby?
•How to make friends?
•Why were you absent?
•What do you prefer?
•I wake up early
Module 4. General Conversation
•When do you go to the College?
•How do you feel now?
•What's the reason?
•A sad news
•Now I am a grown up man
(Note: Each chapter followed by additional exercises for practice)
Prescribed Text Book:Muhadasath Youmiyya
Edited by
:Dr. Mohammed Haneefa. P
Books for reference :Al Arabiyya Linnashieen, Part 1 & 2
AR2A09(2)LITERATURE IN ARABIC
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 2
NO. OF CREDITS
- 4
NO. OF CONTACT HOURS
- 60 Theory and 30 practical = 90 Hours (4 hrs/wk)
Core Text: "Al Nusus Al Adabiya" edited by
Jabir Amani
Unit 1
A.1. Min Nooril Quran
B.4. Al Iktibar
C.5. Risalath Al Masjid fil Islam
Unite 2
A.2. Minal Hadith Al Naba viyyi
B.3. Kuthbath Umar Bin Abdul Aziz
C.8. Al Islam (Poetry)
Unit 3
A.6. Riskun Minassamae
B.7. Al Sharaf
C.9. Al Wafa Wal Haya
------------------------------TITLE OF THE COURSE
AR3A09(2) COMMERCIAL ARABIC -Paper I
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
90 Hours (Theory )
COURSE OUTLINE
Unit 1
1- Letter writing (Page 15-24)
2- Correspondence (Page 26-80,ten letters)
Unit 2
3- Job Applications (Page 82-95, 6 applications)
4- Advertisements and Notifications
(Page 102-112, Ten advertisements)
Unit 3
5- Tenders and quotations (Page 132-147, Ten examples)
- 3
- 4
(4 hrs/wk)
6- Employment abroad (Page 150-157, 5 examples)
Priscribed Text Book : A hand book of Commercial Arabic -New edition
by Dr. K.P. Aboobacker
Books for reff;
1-Technical, Business, Legal and Journal ArabicDr.TP Mohammed Abdul Rasheed/Alhudha Bookstall-Calicut
2- The Commcrcial Arabic
Prof:VP Abdul Hameed
/Alhuda Bookstall , Calicut
-------------------------------------------------------------------------------------------------------TITLE OF THE COURSE
AR2A10(2) COMMERCIAL ARABIC -Paper II
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
90 Hours (Theory )
- 4
- 4
(4 hrs/wk)
COURSE OUTLINE
Unit 1
1- Certificates and documents (Page 174 – 191, Ten certificates)
2- Glossary of idioms and expressions (Page 276 – 282)
I.
Banks and accounts (Page 294 – 296)
Unit -II
3-correspondence (page-305-313)
4-journalistic style and expression (page-314-319)
Priscribed Text Book : A hand book of Commercial Arabic
by Dr. K.P. Aboobacker
Books for reff;
1-Technical, Business, Legal and Journal ArabicDr.TP Mohammed Abdul Rasheed/Alhudha bookstall-Calicut
2- The Commercial Arabic
Prof:VP Abdul Hameed/Alhuda Book Stall Calicut
OPEN COURSES
(for Non-ISLAMIC FINANCE Students)
Semester V
1- IFC 5 D01 –A STUDY ON FANDAMENTALS OF
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS 54
Objective
ISLAMIC FINANCE
- 5
- 2

To understand basic fundamentals of Islamic finance

For knowing the comparative review of conventional finance and Islamic finance
COURSE OUTLINE
Module – 1
Economic Doctrine of Islam - Introduction and Philosophy - Assumptions of fundamental principles and
their implication - Man and divine guidance: the role of Quran and Sunnah - Islamic Social Order:
Values and ethnics-The political context of Islamic economics - Capitalism, Communism/Socialism and
Islamic Economic Systems
Module – 2
Islamic Banking - Concept and Evolution of Conventional Banking - Evolution and Development of
Islamic Banking - Differences and Similarities between Islamic and Conventional Banking - Primary
Characteristics of Islamic Banks - Prohibition of Interest - Low Consumer Lending - Profit and Loss
Sharing - High Real Sector Investing - Dealing in Halal - The value of money Islamically interpreted Prohibition of speculation - Sanctity of contracts - Sharia approved activities - Easy collateral - The
Islamilisation of commercial banking - Islamic banks in western world - Criticism of Islamic banking
Module –
Principles and Techniques of Islamic Finance - The concept of interest (Riba) - Prohibition of Riba (in
Islam and Christianity) - Real and notional interest - Fixed and viable interest - Interest Vs. Profit Interest as return - Riba al-Nasial and al-Fadi - Consumption and production loan.
Financing Techniques – Mudaraba – Musharakah – Murabaha - Ijara and IjarahMuntahiaBittamleek Salam and Parallel Salam - Istisna’a.
Referances


Islamic Finance: Law, Economics, and Practice By Mahmoud A. El-Gamal
Cambridge University Press
Understanding Islamic Finance By Muhammad Ayub - WILEY Publishers
II-
IFC 5 D02 - ISLAMIC COMMERICAL LAW
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
NO. OF CREDITS
NO. OF CONTACT HOURS
- 54 Hours
- 5
- 2
Objectives


To understand the basics of conventional Business Law
To study the fundamentals of Islamic Commercial Law and to make a comparative study about two
concepts.
MODULE -1
Fundamentals of Shariah for Islamic Finance Practitioners: Sources of Shariah - Objectives of Shariah Operatives legal maxims Definitions of assets in Shariah - Rules of ownership in Shariah - Essentials of
Shariah compliant contracts - Prohibited elements in Shariah: Riba, Gharar, Haram products and
activities.
MODULE –2
Nature of Islamic Business/Financial Contracts: Intermediation contract – Mudaraba - Kitala
(Guarantee) – Takaful - Wakala (Agency contract) - Juala - Hawala (Transfer) - Rahn (Mortgage) Transaction Contract– Mudaraha - Bay Salam - Bay Mua’ajal – Ijara – Istisna – Musharaka - Wa’d
(Promise) - Muwada or Mua’hida (Agreement)
MODULE –3
Legal Practices in the Islamic Financial Industry - Shariah principles influencing regulatory framework
for Islamic finance - Foundations of adequate and efficient Islamic finance environment .
Focused Shariah Council (FSC) - Strong and harmonized legislation - Legal issues to consider in
structuring Shariah compliant products.
References
Elements of Mercantile Law – N D Kapoor
Mercantile Law – M C Shukla
Islamic Commercial Law By Muhammad Yusuf Saleem – WILEY Publishers
II- IFC 5 D03 - ISLAMIC INSURANCE
SEMESTER IN WHICH THE COURSE IS TO BE TAUGHT
- 5
NO. OF CREDITS
- 2
NO. OF CONTACT HOURS
54 Hours
Objective


To know the concepts of conventional and Islamic insurance.
To understand working mechanism of thakaful and its regulatory issu
COURSE OUTLINE
Module – 1 Conventional contract of insurance – kinds of insurance contracts – basic principles:
utmost good faith, insurable interest, indemnity, subrogation, contribution, causaproxima.CoinsuranceRe-insurance
Module – 2 Islamic Insurance – Takaful
Islamic attitude towards risk - Muslim objections to insurance - Permitted forms of insurance - The
nature and structure of Takaful compare with conventional insurance - The limitations of products
within Islamic Insurance - How to remunerate the insurance operator - The Shariah governance of
Takaful undertakings - The risks and controls within Takaful firms
Module – 3
Business models of thakaful – business structures and regulatory implications – shari’ah principle
governing thakaful contracts – thakaful management models.
Module – 4 (20 hours)
Neo classical and neo corporatist models of Corporate Governance.
Corporate Governance Issues in the Insurance Industry.
Corporate Governance Issues in Thakaful
Reference
Takaful Islamic Insurance: Concepts and Regulatory Issues edited by Simon Archer, Rifaat Ahmed
AddelKarim, Volker Nienhaus – WILEY PUBLISHING.
Islamic Insurance: A Modern Approach to Islamic Banking ByAlyKhorshid
Islamic Insurance: Trends, Opportunities and the Future of Takaful edited by SohailJaffer –
EUROMONEY PUBLISHING.
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