Choice Based Credit System (CBCS)

UNIVERSITY OF DELHI

FACULTY OF SOCIAL SCIENCES

UNDERGRADUATE PROGRAMME
(Courses effective from Academic Year 2015-16)

SYLLABUS OF COURSES TO BE OFFERED

Core Courses, Elective Courses & Ability Enhancement Courses

Disclaimer: The CBCS syllabus is uploaded as given by the Faculty concerned to the Academic
Council. The same has been approved as it is by the Academic Council on 13.7.2015 and
Executive Council on 14.7.2015. Any query may kindly be addressed to the concerned Faculty.

Undergraduate Programme Secretariat

Preamble

The University Grants Commission (UGC) has initiated several measures to bring equity,
efficiency and excellence in the Higher Education System of country. The important
measures taken to enhance academic standards and quality in higher education include
innovation and improvements in curriculum, teaching-learning process, examination and
evaluation systems, besides governance and other matters.

The UGC has formulated various regulations and guidelines from time to time to improve
the higher education system and maintain minimum standards and quality across the
Higher Educational Institutions (HEIs) in India. The academic reforms recommended by
the UGC in the recent past have led to overall improvement in the higher education system.
However, due to lot of diversity in the system of higher education, there are multiple
approaches followed by universities towards examination, evaluation and grading system.
While the HEIs must have the flexibility and freedom in designing the examination and
evaluation methods that best fits the curriculum, syllabi and teaching–learning methods,
there is a need to devise a sensible system for awarding the grades based on the
performance of students. Presently the performance of the students is reported using the
conventional system of marks secured in the examinations or grades or both. The
conversion from marks to letter grades and the letter grades used vary widely across the
HEIs in the country. This creates difficulty for the academia and the employers to
understand and infer the performance of the students graduating from different
universities and colleges based on grades.

The grading system is considered to be better than the conventional marks system and
hence it has been followed in the top institutions in India and abroad. So it is desirable to
introduce uniform grading system. This will facilitate student mobility across institutions
within and across countries and also enable potential employers to assess the performance
of students. To bring in the desired uniformity, in grading system and method for
computing the cumulative grade point average (CGPA) based on the performance of
students in the examinations, the UGC has formulated these guidelines.
CHOICE BASED CREDIT SYSTEM (CBCS):
The CBCS provides an opportunity for the students to choose courses from the prescribed courses
comprising core, elective/minor or skill based courses. The courses can be evaluated following the
grading system, which is considered to be better than the conventional marks system. Therefore, it is
necessary to introduce uniform grading system in the entire higher education in India. This will benefit
the students to move across institutions within India to begin with and across countries. The uniform
grading system will also enable potential employers in assessing the performance of the candidates. In
order to bring uniformity in evaluation system and computation of the Cumulative Grade Point
Average (CGPA) based on student’s performance in examinations, the UGC has formulated the
guidelines to be followed.
Outline of Choice Based Credit System:

1. Core Course: A course, which should compulsorily be studied by a candidate as a core requirement
is termed as a Core course.
2. Elective Course: Generally a course which can be chosen from a pool of courses and which may
be very specific or specialized or advanced or supportive to the discipline/ subject of study or which
provides an extended scope or which enables an exposure to some other discipline/subject/domain
or nurtures the candidate’s proficiency/skill is called an Elective Course.
2.1 Discipline Specific Elective (DSE) Course: Elective courses may be offered by the main
discipline/subject of study is referred to as Discipline Specific Elective. The University/Institute
may also offer discipline related Elective courses of interdisciplinary nature (to be offered by
main discipline/subject of study).
2.2 Dissertation/Project: An elective course designed to acquire special/advanced knowledge,
such as supplement study/support study to a project work, and a candidate studies such a course
on his own with an advisory support by a teacher/faculty member is called dissertation/project.
2.3 Generic Elective (GE) Course: An elective course chosen generally from an unrelated
discipline/subject, with an intention to seek exposure is called a Generic Elective.
P.S.: A core course offered in a discipline/subject may be treated as an elective by other
discipline/subject and vice versa and such electives may also be referred to as Generic Elective.
3. Ability Enhancement Courses (AEC)/Competency Improvement Courses/Skill Development
Courses/Foundation Course: The Ability Enhancement (AE) Courses may be of two kinds: AE
Compulsory Course (AECC) and AE Elective Course (AEEC). “AECC” courses are the courses
based upon the content that leads to Knowledge enhancement. They ((i) Environmental Science, (ii)
English/MIL Communication) are mandatory for all disciplines. AEEC courses are value-based
and/or skill-based and are aimed at providing hands-on-training, competencies, skills, etc.
3.1 AE Compulsory Course (AECC): Environmental Science, English Communication/MIL
Communication.
3.2 AE Elective Course (AEEC): These courses may be chosen from a pool of courses designed to
provide value-based and/or skill-based instruction.

Project work/Dissertation is considered as a special course involving application of knowledge in

solving / analyzing /exploring a real life situation / difficult problem. A Project/Dissertation work would
be of 6 credits. A Project/Dissertation work may be given in lieu of a discipline specific elective paper.
 Details of Courses Under Undergraduate Programme (B.A./ B.Com.)

Course *Credits
==================================================================
Paper+ Practical Paper + Tutorial
I. Core Course 12X4= 48 12X5=60
(12 Papers)
Two papers – English
Two papers – MIL
Four papers – Discipline 1.
Four papers – Discipline 2.
Core Course Practical / Tutorial* 12X2=24 12X1=12
(12 Practicals)

II. Elective Course 6x4=24 6X5=30

(6 Papers)
Two papers- Discipline 1 specific
Two papers- Discipline 2 specific
Two papers- Inter disciplinary
Two papers from each discipline of choice
and two papers of interdisciplinary nature.
Elective Course Practical / Tutorials* 6 X 2=12 6X1=6
(6 Practical/ Tutorials*)
Two papers- Discipline 1 specific
Two papers- Discipline 2 specific
Two papers- Generic (Inter disciplinary)
Two papers from each discipline of choice
including papers of interdisciplinary nature.
 Optional Dissertation or project work in place of one elective paper (6 credits) in 6th
Semester

III. Ability Enhancement Courses

1. Ability Enhancement Compulsory 2 X 2=4 2 X 2=4
(2 Papers of 2 credits each)
Environmental Science
English Communication/MIL
2. Ability Enhancement Elective 4 X 2=8 4 X 2=8
(Skill Based)
(4 Papers of 2 credits each)
__________________ ________________
Total credit= 120 Total = 120

Institute should evolve a system/policy about ECA/ General

Interest/Hobby/Sports/NCC/NSS/related courses on its own.

*wherever there is a practical there will be no tutorial and vice-versa.

B.A. (Vocational Studies) Materials Management, CBCS

B.A. (Vocational Studies)Materials Management :

Three-Year (6-Semester)

CBCS Programme
Course Structure

B.A. (VS) Materials Management

Semester – I

1.1 Environmental Studies/ Language: Ability Enhancement Compulsory

English/Hindi/Modern Indian Language Course (AECC)

1.2 English/ MIL I Core Discipline

1.3 Materials Management : An Overview Core Discipline

1.4 Principles of Microeconomics Core Discipline

Semester – II

2.1 Language: English/Hindi/Modern Indian Ability Enhancement Compulsory

Language/ Environmental Studies Course (AECC)

2.2 MIL / English I Core Discipline

2.3 Stores Keeping and Stores Accounting Core Discipline

2.4 Macroeconomics Core Discipline

Semester – III

3.1 English/ MIL II Core Discipline

3.2 Purchase Management-I Core Discipline

3.3 Indian Economy – Sectoral Issues Core Discipline

3.4 Computer Concepts and Software Packages Skill Enhancement Course (SEC)

Semester – IV

4.1 MIL / English II Core Discipline

B.A. (Vocational Studies) Materials Management, CBCS

4.2 Purchase Management-II Core Discipline

4.3 Labour and Development in India Core Discipline

4.4 Business Communications and Personality Skill Enhancement Course (SEC)

Development

Semester – V

5.1 Inventory System and Control Techniques Elective Core – Discipline Based

5.2 Internship Project / Project Elective Core – Generic

5.3 Financial Accounting Elective Core – Generic

Corporate Laws

5.4 Productivity Management Skill Enhancement Course (SEC)

Semester – VI

6.1 Material Logistics and Distribution Management Elective Core – Discipline Based

6.2 Globalization Elective Core – Discipline Based

Supply Chain Management

6.3 Business Law Elective Core – Generic

Materials Planning and Control

6.4 Quality Management Skill Enhancement Course (SEC)

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester I
PAPER- 1.3 : Materials Management : An Overview

Duration: 3 hours Marks: 100 lectures: 75

Objectives

To introduce the student to the concept, functions, objectives and importance

of material management function in an organization. Also to give him an
elementary idea of material management linkages with other areas of
management, supply chain management and production processes.

Unit 1 15

Introduction to Materials Management : Meaning, definition, scope and

functions of Materials Management, Objectives and Advantages of Materials
Management. Interfaces of Materials Management : Internal and external
interfaces. Organisation for Material Management

Unit II 15

Supply Chain Management : Concept, objectives of supply – production and

distribution system, Role and Management of flow of material in supply chain
management.

Unit III 15

Material Management Linkages : Linkages with other functional areas of

Management i.e. Production, Accounting and Finance, Marketing, HRM, IT, TQM. A
Brief discussion on the functions of each functional area of Management.

Unit IV 15

Elements of Production Processes: Familiarity with broad categories of

production processes used in industries. Commonly used machines and tools in
industries.

Unit V 15

Cost Involved in material management : General discussion on concept of costs

and cost classification, specific costs associated with Material Management.
B.A. (Vocational Studies) Materials Management, CBCS

Suggested Readings

• Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall
of India Pvt. Ltd., New Delhi.

• Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

• Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

• Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

• Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

• Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

• Pooler Victor H. Purchasing and Supply Management, Creating the Vision,

New York, Chapman & Hall, 1997.

• Moore, J.M., Plant layout and Design, Macmillan New York.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester I
Paper 1.4 Principles of Microeconomics

Duration: 3 hours Marks: 100 lectures: 75

Objectives: This course intends to expose the student to the basic concepts in
Microeconomics, Which is the study of the economic behaviour of small economic groups
such as families and firms. The broad subject matter of Microeconomics is making decisions
on the allocation of limited resources available with individuals, firms and organizations.
Typically, it applies to the markets where goods and services are bought and sold with a
goal of maximizing benefits.

Unit- I 15
Introduction: Scarcity, choice, opportunity cost and production possibility frontier;
Demand and supply: law of demand, determinants of demand, shifts of demand curve
versus movements along a demand curve, market demand; law of supply, determinants of
supply, shifts of supply versus movements along a supply curve, market supply, market
equilibrium.

Unit- II 15

Demand and Supply: Applications of demand and supply: price rationing, price floors,
consumer surplus, producer surplus.

Elasticity: price elasticity of demand, calculating elasticity, determinants of price elasticity,

cross and income elasticity.

Unit- III 15

Consumer Theory: Budget constraint, concept of utility, diminishing marginal utility,

indifference curves, Price, income and substitution effects.

Unit- IV 15

Production and Costs: Production: production functions, law of variable proportions,

returns to scale, isoquant and isocost lines, producer equilibrium

Costs: costs in the short run, costs in the long run, revenue and profit maximizations,
economies and diseconomies of scale,
B.A. (Vocational Studies) Materials Management, CBCS

Unit- V 15

Market Structures

Perfect Competition: theory of a firm under perfect competition, equilibrium of the firm in
the short run and long run

Imperfect Competition: Monopoly: short run and long run equilibrium; comparison of
perfect competition and monopoly, price discrimination;

Suggested Readings:

• Lipsey, R. and Alec Chrystal: Economics, Oxford University Press, Twelfth Edition,
2011
• Case, Karl E. & Ray C. Fair: Principles of Economics, Pearson Education, Inc., 8th
• edition, 2007.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester II
Paper 2.3Stores Keeping and Stores Accounting

Duration: 3 hours Marks: 100 lectures: 75

Objectives:To apprise the students about the store-keeping function and the
accounting procedure involved in it.

Unit I 15

Storekeeping : Introduction, objectives and functions of storekeeping, location

and layout of stores. Types of stores.

Unit II 15

Receipt of Materials : Receipt procedure, inspection and testing of materials,

Rejection and Returns of materials. Forms used in receiving of materials like
Material Received Note, Inspection Report, Rejection Report etc. Passing of
Bills/invoices for payment.

Codification of Materials : Need for codifications of materials, different methods

of codification of materials, suitability criteria.

Unit III 15

Issue of Materials : Issue procedure and documents used, store records like
bincard and store ledger, →pricing of material issues – different methods like FIFO,
LIFO, Simple average, weighted average, standard price, Replacement / market
price etc.

Unit IV 15

Material loses: Meaning, accounting treatment and control of different type of

material losses (waste, scrap, spoilage, defectives, obsolescence etc.).

Unit V 15

Store Handling Equipment : Advantages of using stores handling equipment,

Types of handling equipment: manual and mechanical devices.
B.A. (Vocational Studies) Materials Management, CBCS

Suggested Readings

• Dutta A.K., Mateerials Management: Procedures, Text and cases, Prentice

Hall of India Pvt. Ltd., New Delhi.

• Singh, Surender Cost Accounting Scholar Tech Press New Delhi

• Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

• Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

• Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

• Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

• Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

• Menon K.S. (1995) Purchasing and Inventory Control, 3rd Ed. Wheeler
Publishing, Allahabad.

• Saxena V.K. &Vashisht C.D.: Cot Accounting, Sultan Chand and Sons, New
Delhi.

• Maheshwari and Mittal, Cost Accounting : Principles and Practice, Shree

Mahavir Book Depot, Delhi-6.

• Arora M.N. Cost Accounting, Vikash Publishing House Pvt. Ltd. New Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester II
Paper 2.4 Macroeconomics

Duration: 3 hours Marks: 100 lectures: 75

Objectives: This course introduces students to the basic concepts in Macroeconomics. In
this course the students are introduced to the definition, measurement of the
macroeconomic variables. It explains how and why the economy grows and fluctuates over
time based on the decisions made, in the aggregate, by consumers, businesses, and
governments. As the world is shifting toward a global economy, the study of
Macroeconomics helps the student to understand the overall macroeconomic environment
under which one has to take economic decisions.

Unit-I 15

Introduction: Basic concepts and issues of Macroeconomics.

Unit-II 15

National Income Accounting: Concepts of GDP and National Income; measurement of

national income and related aggregates; nominal and real income; limitations of the GDP
concept.

Unit-III 15

Determination of GDP: consumption and saving functions, investment function,

equilibrium GDP; concepts of MPS, APS, MPC, APC; Concept of multiplier, fiscal and
monetary policies.

Unit-IV 15

IS-LM Analysis: Derivations of the IS and LM functions; effects of fiscal and monetary
policies on equilibrium income

Unit-V 15

Balance of Payments and Exchange Rate: Meaning, Factors, current account and capital
account, determination of exchange rate.

Suggested Readings:

1. Case, Karl E. & Ray C. Fair, Principles of Economics, Pearson Education, Inc.,8th edition,
2007.

2. Lipsey, R. and Alec Chrystal: Economics, Oxford University Press, Twelfth Edition, 2011
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester III
Paper 3.2 Purchase Management I

Duration: 3 hours Marks: 100 lectures: 75

Objectives

The Course equips the students about purchasing and its systems and
procedure. It also gives an understanding of price forecasting, special purchase
systems, pubic buying and online purchasing.

Unit I 15

Purchase Management: Introduction, importance and functions of purchase

Department, Organisation for purchase function, centralized and decentralised
purchasing, objectives of purchasing i.e. 6R’s of purchasing.

Unit II 15

Purchase Procedure : Pre-purchase considerations, standard purchase procedure,

post-purchase issues. Standard form used in purchasing like purchase requisition,
tender / quotation documents, schedule of quotations, purchase order, follow-up
order, cancellation of order, Bill of Materials etc.

Unit III 15

Special Purchase Systems – Forward Purchase, Tender purchase, Blanket order,

zero stock, Rate contract etc.

Price Forecasting: Price and Pricing impact, price negotiations and fixing.
Purchasing under fluctuating prices, purchasing under uncertainty, Negotiations
regarding quality, terms of contract, delivery, payment schedule, cash discount,
quality considerations, etc.

Unit IV 15

Public Buying : DGS&D Rate contract, Buying from Kendriya Bhandars NICSI etc.

Unit V 15

Online Purchasing : Concept, advantages, procedure of online purchasing and

current online purchase practices.
B.A. (Vocational Studies) Materials Management, CBCS

Suggested Readings

• Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall
of India Pvt. Ltd., New Delhi.

• Gopalakrishnan, P. and Sundareson, M., Materials Management: An

Integrated Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

• Singh, Surender Cost Accounting Scholar Tech Press New Delhi

• Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and

Sons, New Delhi.

• Shah N.M. An Integrated concept of Materials Management, Indian Institute

of Materials Management, Baroda Branch, Baroda.

• Sharma S.C., Material Management and Materials Handling, Khanna

Publishers, New Delhi.

• Arnold, Champman and Ramakrishnan, Introduction to Materials

Management 5th ed., 2007 Pearson Education, Inc.

• Pooler Victor H. Purchasing and Supply Management, Creating the Vision,

New York, Chapman & Hall, 1997.

• Lee, L. and Dobler, D.W. (1984), Purchasing and Materials Management,

McGraw Hill, New York.

• Pertman, K.I. (1990). Handbook of Purchasing and Materials Management,

Probus Publishing Company, Chicago.

• Willets, W.F. (1969). Fundamentals of Purchasing, Appleton-Century-Crafts,

New Delhi.

• Saxena V.K. &Vashisht C.D.: Cost Accounting, Sultan Chand and Sons, New
Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester III
Paper 3.3 Indian Economy – Sectoral Issues

Duration: 3 hours Marks: 100 lectures: 75

Objectives: This paper provides an overview of the development of the different sectors
and their interrelations of the Indian economy. The study of the three broad sectors namely
agriculture, industry and services would help the students understand the developments in
different policy environment.

Unit-I 15

Agriculture: Trends in production and productivity, land reforms, land tenure system, land
distribution. Agricultural labour, wages and employment and issue of under-employment.
Capital investment, credit, Irrigation and supply of other inputs.

Unit-II 15

Agricultural Policies- Green revolution, pricing and procurement policies, PDS

and support price.

Unit – III 15

Industry: Growth and Structure of industry. Industrial and licensing policies, large, small
and cottage industries.

Unit-IV 15

Industrial finance, capital and multinationals. Cost of each source of finance

Unit –V 15

Service Sector: Growth and Structure of service sector – major components, linkages with
other sectors, and importance in the national economy, informal sector.

Suggested Readings

• Uma Kapila Indian Economy: Performance and Policy: Performance and Policy
• Dutt&Sundaram - Indian Economy
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester III
Paper 3.4 Computer concepts and software packages

Duration: 3 hours Marks: 100 lectures: 50

Unit I 5

Basic Concepts: Meaning, characteristics and applications of a Computer, Advantages and

limitations of a computer, Meaning of Data, Information and Knowledge, Data types, data
storage, data representation such as ASCII.

Unit II 5

Components of Computers: Hardware components: input devices, output devices, system

unit. Software components: Application software: general purpose packaged software and
tailor – made software, System software: operating system, interpreter, compiler, linker,
loader.

Unit III 15

Operating System: Need and functions of an Operating System, Graphic user interface
and character user interface. Windows environment: application and document, Windows
interface such as icons, lists, menus, dialog box, etc. Desktop, control panel, system tools,
utilities such as calculator, calendar, etc. Explorer: file types, attributes, names, folders,
drives, devices. File functions: create, open, close, delete, rename, move, cut, copy, paste,
etc.

Unit IV 10

Introduction to Networks and Internet: Meaning and types of networks - LAN, MAN
and WAN, Internet, difference between internet and intranet. Basics: functions, growth,
anatomy, Uses, Wireless and wifi, Internet services: ISP, types of accounts, World Wide
Web: websites file transfer, browsing, searching.

Unit V 15

Office Applications: Meaning and applications of word processing,

MS-Word – formatting text, writing basic document using Word, Header and Footer, Page
formatting, paragraph formatting, saving a document, printing a document. Meaning and
applications of spreadsheets.

MS-Excel – creating a workbook, saving a workbook, editing a workbook, creating a series,

use of basic formulae in Excel, use of functions in Excel, sorting data, creating simple
charts. Meaning and applications of presentation.
B.A. (Vocational Studies) Materials Management, CBCS

MS-PowerPoint – creating simple presentation including slide transitions, bullets, etc.

The Theory paper will be based on Units 1-4 only and the practical component will
be based on Unit 5 only.

Suggested Readings

 Absolute Beginner's Guide to Computer Basics by Michael Miller

 Fundamental of Computers by Akash Saxena, Kratika Gupta
 Fundamentals of Information Technology, Alexis and Mathew
 Computers Today, Donald H. Sanders.
 Basic Financial Accounting, J.R. Monga
 Computer Fundamentals, P.K. Sinha
 Double Entry Book-Keeping, T.S. Grewal and Grewal.

GUIDELINES FOR THE CONDUCT OF PRACTICAL EXAMINATION

Computer Concepts, Software Packages and Computerized Accounting

Time: 60 Minutes Maximum Marks: 25

Ques. No. Description of Question Marks Time Allowed

1 Lab testing of various concepts MS word, 25 60 minutes

PPT and Excel as mentioned in Unit V.

Note 1. There will be no internal assessment in Practical component of this Paper.

2. 10 minutes time may be given to the examinees for adjustment of computers

before the practical.

3. Hard Copy of evaluation sheet and question paper will be given to examinees

And they will produce soft copy as answer sheet for evaluation.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester IV
Paper 4.2 Purchase Management II

Duration: 3 hours Marks: 100 lectures: 75

Objectives:

To acquaint the student to ethical, legal, quality and other issues involved in purchase
management. Also to give him an understanding of procedure for international purchasing
and import substitution.

Unit I 15

Buyer- seller Relationship: Importance of good buyer-seller relationship, Relation with

supplier-policies and issues in relationship, Ethical issues in purchasing.

Unit II 15

Legal issues in Purchasing: Law of Contract, Contract of Sale of Goods, Conditions and
Warranties, Rules Regarding Transfer of Property. Negotiable Instrument Act, IT Act 2000

Unit III 15

Insurance Buying : Arranging adequate insurance cover and claim management.

Quality Control in Purchasing: Concept of Total Quality Management (TQM),

Certification, Role of Material Management in TQM. Value Analysis and Value Engineering.

Unit IV 15

International Purchasing: Need for International Purchase, Direct and Indirect Buying.
Procedure, Documentation and Legal-Framework of International Purchasing.

Unit V 15

Import Substitution : Research and Development, Transfer of Technology,

Standardization, Problems in Import Substitution.

Suggested Readings

• Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall of India
Pvt. Ltd., New Delhi.

• Gopalakrishnan, P. and Sundareson, M., Materials Management: An Integrated

Approach, Prentice Hall of India Pvt. Ltd., New Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

• Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and Sons,
New Delhi.

• Shah N.M. An Integrated concept of Materials Management, Indian Institute of

Materials Management, Baroda Branch, Baroda.

• Sharma S.C., Material Management and Materials Handling, Khanna Publishers, New
Delhi.

• Arnold, Champman and Ramakrishnan, Introduction to Materials Management 5th

ed., 2007 Pearson Education, Inc.

• Pooler Victor H. Purchasing and Supply Management, Creating the Vision, New York,
Chapman & Hall, 19997.

• Bailky, P. and Farmer, D. (1977). Purchasing Principles and Techniques, Pitman,

London.

• Zenz, G.J. (1981). Purchasing and the Management of Materials, John Wiley, New
York.

• Combs, P.H. (1976). Handbook of International Purchasiong, Cahners Books, Books,

Boston.

• Hakansson H. (1982), International Marketing and Purchasing of Industrial Goods,

John Wiley, New York.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester IV
Paper 4.3 Labour and Development in India

Duration: 3 hours Marks: 100 lectures: 75

Objectives: The course is intended to equip the students with conceptual, legal, and
empirical issues pertaining to labour in India. The focus of the course would be on the
changing profile and position of labour in modern India. The role of the state, nation and
International labourorganisations will be emphasized.

Unit-I 15

Patterns of development and changing forms of labour in india, Labour, employment and
work – Meanings and changing forms .

Unit-II 15

Pre and post-colonial pattern of development –industrialization, planned development-pre

and post reforms, Regulation of labour. Workers in unorganized sector-agricultural, Rural,
Migrant, Bonded, Child and Women etc. Workers in Organized sectors- Industrial - Blue and
White collar workers. Workers in Tertiary sector.

Unit-III 15

Labour protest and Trade Union Movement: Evolution of Trade Union Movement, Trade
Union Movement in India. Labour protest and Industrial action

Unit-IV 15

State and Labour: Labour administration- union Govt. and State Govt., Mechanism of wage
settlement, National commission on labour

Unit-V 15

International labourOrganisation in India: Role and structure of ILO, India and ILO

Suggested Readings:

• Report of second National commission on Labour (2002)

• SukomalSen, Working Class movement in India
• Empowering Rural labour in India (ed), 1998, New delhi, R. RadhaKrishna and
A.N Sharma
• Rehabilitation of Child labour in India V.V Giri National Labour Institute,
NOIDA.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester IV
Paper 4.4 Business Communication and Personality
Development

Duration: 3 hours Marks: 100 lectures: 60

Objectives

To equip students of the B.A(VS) course to effectively acquire skills in reading,

writing, comprehension and communication, as also to use electronic media for business
communication.

Unit I 5

Nature of Communication Process of Communication, Types of Communication (verbal &

Non Verbal), Importance of Communication, Different forms of Communication, Barriers to
Communication Causes, Linguistic Barriers, Psychological Barriers, Interpersonal Barriers,
Cultural Barriers, Physical Barriers, Organizational Barriers

Unit II 10

Business Correspondence: Letter Writing, presentation, Inviting quotations, Sending

quotations, Placingorders, Inviting tenders, Sales letters, claim & adjustment letters and
social correspondence, Memorandum, Inter -office Memo, Notices, Agenda, Minutes, Job
application letter, preparing the Resume.

Unit III 5

Report Writing Business reports, Types, Characteristics, Importance, Elements of structure,

Process of writing, Order of writing, the final draft, check lists for reports. Vocabulary Words
often confused, Words often misspelt, common errors in English.

Unit IV 15

Business Etiquettes, Business manners. Body language gestures, Etiquette of the written
word, Etiquette of the telephone, Handling business meetings, Role play on selected topics
with case analysis and real life experiences. Aids to correct Business writing, Practical
Grammar (basic Fundamentals), Sentence errors-Punctuation, Vocabulary building.

Unit V 25

Oral Presentation, Importance, Characteristics, Presentation Plan, Power point presentation,

Visual aids. How to make a presentation, the various presentation tools, along with
guidelines of effective presentation, boredom factors in presentation and how to overcome
them, interactive presentation & presentation as part of a job interview, art of effective
listening. Leadership – quality of a leader, leadership quiz with case study, knowing your
B.A. (Vocational Studies) Materials Management, CBCS

skills and abilities. Introduction to group discussion techniques with debate and extempore,
increase your professionalism. Audio Video recording and dialogue sessions on current
topics, economy, education system, environment, politics.

Suggested Readings:

1. Lesikar, R.V. &Flatley, M.E.; Basic Business Communication Skills for Empowering the

Internet Generation, Tata McGraw Hill Publishing Company Ltd. New Delhi.

2. Bovee, and Thill, Business Communication Today, Pearson Education

3. Shirley Taylor, Communication for Business, Pearson Education

4. Locker and Kaczmarek, Business Communication: Building Critical Skills, TMH

5. Sinha, K.K., Business Communication, Galgotia and Sons, New Delhi.

6. Reuben, Ray; Communication today – understanding creating skills, Himalaya Publishing
House, 2001.

7. E. H. McGraw, S. J.; Basic Managerial Skills for All. Fourth Edition, Prentice Hall of India
Pvt. Ltd., New Delhi.

8. Stephen R. Covey; The seven habits of highly effective people

Note: Latest edition of text books may be used.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5.1 Inventory Systems and Control Techniques

Duration: 3 hours Marks: 100 lectures: 75

Objectives:

To apprise the students about inventory systems, valuation of inventories, inventory

decisions and other inventory control techniques.

Unit I 15

Inventories : Meaning, types of inventories, definition as per relevant accounting standard,

Need and benefit of holding inventories, objectives of inventory management.

Unit II 15

Inventory systems and Valuation of Inventories: Periodic inventory system, Perpetual

inventory system including continuous stock taking. Valuation of inventories as per relevant
accounting standard under different methods and systems, valuation as per LIFO Method
also. Inventory methods with specific reference to different industries

Unit III 25

Inventory Decisions: Types of inventory decisions, relevant costs involved in inventory

decisions. Quantity order decision – Economic Order Quantity and its calculation as per
tabular, graphical and mathematical approaches, EOQ with quantity discount, Re-order
decision : Fixation of Various levels and determination of re-order point, safety stock etc. Q
System, P system.

Unit IV 20

Other Inventory Control Techniques: Selective Inventory Control – ABC Analysis,

Material, Turnover Ratio: Calculation and Importance, FSN Analysis, JIT Approach, VED
Analysis. Management of Process Inventories (WIP). Spares Parts Management

Suggested Readings

• Monga J.R. Financial Accounting, Mayur Paperbacks, New Delhi.

• Sehgal, Ashok and Sehgal Deepak, Financial Accounting, Taxmann’s New Delhi.

• Singh, Surender Cost Accounting Scholar Tech Press New Delhi

• Saxena V.K. &Vashisht C.D.: Cost Accounting, Sultan Chand and Sons, New Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

• Tulsian PC, Financial Accounting, Pearson Education.

• Maheshwari and Mittal, Cost Accounting : Principles and Practice, Shree Mahavir
Book Depot, Delhi-6.

• Arora M.N. Cost Accounting, Vikash Publishing House Pvt. Ltd. New Delhi.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5.2 Internship Project/ Project

Marks: 100 lectures: 30

Objectives: to provide basic and hand on understanding of the industry.

Note:

Each student of Vocational Courses shall undergo Practical Internship of four weeks
during the vacations after fourth semester in an approved Business/Industrial/Govt./Service
organization. The objective of this training is to make the student acquainted with the
industrial / business working environment. After completion of the training they will have to
submit a training report. The internship/project reports will carry 100 marks. It will be
evaluated by two examiners (one internal and one external). The training report is part of
the fifth semester. It is to be submitted by the date fixed by the College.

The students will also have to submit a performance certificate from the company where
he/she undertook the training. This report will also be considered while evaluating the
training report by examiners.

Alternatively, if it is not possible to do industrial internship the students will prepare a

project report on a topic assigned to him/ her by the college. The project report will be
evaluated as above.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5.3 Financial Accounting

Duration: 3 hours Marks: 100 lectures: 75

Objectives:

To make the student familiar with generally accepted accounting principles of financial
accounting and their applications in business organizations excluding corporate entitles.

Unit- I 15

Financial Accounting: Nature and scope, Limitations of Financial Accounting. Basic

Concepts and Conventions, Accounting Standards: Meaning, Significance, Generally
Accepted Accounting Principles (GAAP). Accounting Process: From recording of transactions
to preparation of final accounts. Rectification of errors and Bank Reconciliation statement.

Unit- II 15

(i) Consignments: Features, Accounts treatment in the books of the consignor and
consignee.

(ii) Joint Ventures: Accounting procedures: Joint Bank Account, Records Maintained by co-
venturer of (a) all transactions (b) only his own transactions. (Memorandum joint venture
account).

(iii)Inland Branches: Dependent branches only and Ascertainment of Profit by Debtors

method and Stock and Debtors method.

Unit- III 15

Depreciation Accounting: Meaning of depreciation, causes, objects of providing depreciation,

factors affecting depreciation, accounting treatment including provision for depreciation
accounting. Methods of deprecation: straight line method and diminishing balance method.
Accounting for Hire Purchase Transactions, Journal entries and ledger accounts in the books
of Hire Vendors and Hire Purchaser for large value items including Default and repossession.

Unit- IV 15
B.A. (Vocational Studies) Materials Management, CBCS

Partnership: Admission, Retirement, Dissolution of Partnership Firms: Legal Position,

Accounting for simple dissolution.

Unit- V 15

Analysis of financial statements, Common size balance sheet, Ratio analysis, Cash Flow
statement.

List of Reading

1. J.R. Monga, Basic Financial Accounting, Mayur Paper backs, Darya Gang, New Delhi
2. S.N. Maheshwari, Financial Accounting, Vikas Publication, New Delhi
3. P.C. Tulsian, Financial Accounting, Tata McGraw Hill, New Delhi
4. Ashok Sehgal and Deepak Sehgal, Fundamentals of Financial Accounting, Taxmann,
New Delhi
5. R. NarayanaSwamy, “Financial Accounting” PHI Pvt., New Delhi
6. S.P. Jain and K.L. Narang, Advanced Accounting, Kalyani Publishers New Delhi
7. Ashok Sehgal and Deepak Sehgal, Fundamentals of Financial Accounting, Taxmann,
New Delhi
8. Naseem Ahmed, Nawab Ali Khan, M.L. Gupta, Financial Accounting, Ane Books Pvt.
Ltd. New Delhi

Note: Latest edition of text book may be used.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5. 3 Corporate Laws

Duration: 3 hours Marks: 100 lectures: 75

Objectives

The objective of the course is to impart basic knowledge of the provisions of the
Companies Laws and the Depository Laws along with relevant case law.

Unit I 15

Introduction: Characteristics of a company, concept of lifting of corporate veil, Types

of companies, association not for profit, illegal association, Formation of company –
Promoters, their legal position, pre-incorporation contract and provisional contracts.
Documents – Memorandum of Association, Articles of Association, Doctrine of Constructive
Notice and Indoor Management, Prospectus and Book Building process.

Unit II 15

Share Capital – issue, allotment and forfeiture of share, demat of share, transmission
of shares, buyback, share certificate and share warrant, Members and shareholder – their
rights and duties. shareholders meetings, kinds, convening and conduct of meetings, AGM,
EGM, Class meetings.

Unit III 15

Management – Directors, classification of directors, dis-qualifications, appointment,

legal position, powers and duties, disclosures of interest, removal of directors, board
meetings, Key managerial personnel and remuneration, Dividend Provisions and issue of
bonus shares. Investigations. Audit and accounts

Unit IV 15

Winding up – concept and modes of winding up, Emerging issues in company law: One
Person Company (OPC), Small Company, Postal Ballot, Small Shareholders on Board,
Director Identity Number (DIN), Corporate Identity Number (CIN), MCA-21, Online Filing
of Documents, Online Registration of Company,National Company Law Tribunal (NCLT),
Limited Liability Partnership (LLP), Insider Trading,Rating Agencies, Producer Company –
concept and formation.
B.A. (Vocational Studies) Materials Management, CBCS

Unit V : 15

Depositories Act 1996: Definitions, Rights and Obligations of Depositories, Participants

Issuers and Beneficial Owners, Inquiry and Inspections, Penalty.

Suggested Readings:

• Kuchhal MC “Company law ” Mahavir Publications

• DagarInderjeet and AgnihotriAnurag “Corporate laws” Galgotia publishing company,
New Delhi
• Sharma J. P, “An Easy Approach to Corporate Laws”, Ane Books Pvt Ltd, New Delhi.
• Singh Avtar “Company Law” Allahabad Law House
• Bharat Law House, New Delhi, “Manual of Companies Act, Corporate Laws and SEBI
Guidelines”.
• Kannal, S., & V.S. Sowrirajan, “Company Law Procedure”, Taxman‟s Allied Services
(P) Ltd., New Delhi (Latest Edn)
• Charlesworth& Morse, “Company Law”, Sweet & Maxwell”, London, U.K.
• Gowar, LCB, “Principles of Modern Company Law”, Stevens & Sons, London.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester V
Paper 5.4 Productivity Management

Duration: 3 hours Marks: 100 lectures: 60

Objectives:

To familiarize students with the different concepts of productivity management and to apply
them in business.

Unit I 12

Introduction: Productivity concepts – Macro and Micro factors of productivity, productivity

benefit model, productivity cycles.

Value Analysis and Value Engineering: Concept – Procedure – Application and role in
Productivity.

Unit II 12

Productivity Models: Productivity Measurement at International, National and organization

level, total productivity models. Productivity Management in manufacturing and service
sector. Productivity evaluation models, productivity improvement model and techniques.

Unit III 12

Work Study: Importance of work study – Method Study and Work Measurement – Pioneers
of Performance Measurement.

Method Study: Method and Method Study – Need for Method Study – Procedure of Method
Study – Principles of Motion Economy.

Unit IV 12

Work Measurement: Techniques of Work Measurement including Estimating, Stopwatch

Time Study, Predetermined Time Standards, Synthetic Estimates of Work Times, Activity
Sampling. Computation of Standard Time – Elements – Types of Elements – Performance
Rating – Allowances – Need for Allowances – Types of Allowances

Unit V 12

Business Process Reengineering: Concept of BPR, process of BPR, prerequisites for effective
BPR implementation, application of BPR in productivity improvement.

TPM: Meaning and objectives of TPM; Methodology of TPM, gains of TPM.

B.A. (Vocational Studies) Materials Management, CBCS

Suggested Readings:

1. Productivity engineering and management - Sumanth, D.J. - Tata McGraw-Hill, New Delhi
1990.

2. Organisational transformation and process re-engineering - Edsomwan, J.A.,British

Library Cataloging in Pub. data 1996.

3. Productivity Plus: How Today's Best Run Companies Are Gaining the Competitive Edge -
John G., Jr. Belcher - Butterworth-Heinemann

4. Business Process Improvement: The Breakthrough Strategy for Total Quality,Productivity

and Competitiveness - H. James Harrington - McGraw-Hill

5. Handbook for Productivity Measurement and Improvement - Carl G. Thor - Productivity

Press

6. Re-engineering and re-inventing the enterprise - Rastogi, P.N., - Wheeler publications,

New Delhi 1995.

7. Productivity Management – Systems approach - Premvrat, Sardana, G.D. and Sahay,

B.S. - Narosa Publications, New Delhi, 1998.

8. The new Manufacturing Architecture – Mahadevan

9. Work Study – ILO

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.1 Material Logistics and Distribution Management

Duration: 3 hours Marks: 100 lectures: 75

Objectives:

The course acquaints the student to the concept and importance of material logistics and
distribution task like transportation and warehousing.

Unit I 15

Material Logistics : Concept and Importance of Material Logistics. Logistic Tasks: Follow-
up of Order, Transportation, Warehousing, Inventory Control, Information Monitoring.
Logistic Planning: Major Aspects and Factors.

Unit II 15

Transportation: A Brief Study of different modes of transport used for movement of

materials, their relative advantages, disadvantages and suitability.

Road Transport: Road System, Role of Road Transport in Movement of Materials, Role of
National Highway Authority of India, Limitations of Road Transport System, Consignment
Note.
Rail transport: India Railway Network and Role in Transportation of Materials and Cargo,
Consignment Note.

Unit III 15

Air transport : Role of Air Transport in Domestic and International Transportation of

Goods. Role of Ministry of Civil Aviation, Airport Authority of India and Directorate General
of Civil Aviation, Air Waybill, Contract of Affraightment.
Water transport : Inland Water Transport : Role of Inland Water Transport Inland Waterways:
Inland Waterways Authority of India.
Ocean transport : Role of Ocean Transport in International Trade, Structure of Shipping
Services – Liner Shipping and Tramp/Charter Shipping, Conference System and Determination of
Rates, Bill of Lading and Charter Party.

Unit IV 15

Multi-Model Transport System : Concept and advantages of Multi-Model Transport

System. Containerization: Need and Advantages of Containerization, Inland Container
Depots (ICDs) and Container Freight Stations (CFSs).
B.A. (Vocational Studies) Materials Management, CBCS

Unit V 15

Warehousing : Concept of Warehousing (Warehouse, Depositor and Warehouseman),

Elements and Functions of Warehousing. Role of Warehousing in Economic Development,
Types of Warehousing, Advantages of a Public Warehouse, Costs Associated with
Warehousing, Warehousing Corporations in India, Objectives and Functions of Warehousing
Corporations.

Suggested Readings
• Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall of India
Pvt. Ltd., New Delhi.
• Gopalakrishnan, P. and Sundareson, M., Materials Management: An Integrated
Approach, Prentice Hall of India Pvt. Ltd., New Delhi.
• Varma, M.M., Essentials of Storekeeping and Purchasing, Sultan Chand and Sons,
New Delhi.
• Shah N.M. An Integrated concept of Materials Management, Indian Institute of
Materials Management, Baroda Branch, Baroda.
• Sharma S.C., Material Management and Materials Handling, Khanna Publishers, New
Delhi.
• Arnold, Champman and Ramakrishnan, Introduction to Materials Management 5th
ed., 2007 Pearson Education, Inc.
• Pooler Victor H. Purchasing and Supply Management, Creating the Vision, New York,
Chapman & Hall, 19997.
• Dutta A.K., Material Management, Inventory Control and Logistics, Jaicoi Publishing
House, Mumbai.
• Roy Chaudhary, E.K. : Logistics Management
• Sharma SC: Warehousing and Distribution.
• Gopalakrishna, P. and Shandilya M.S. : Stores Management and Logistics.
• Martin Christopher : Logistics – The Strategic Issues.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.2 Globalization

Duration: 3 hours Marks: 100 lectures: 75

Objectives: The Paper is designed to familiarise the students with the concept of
globalisation and integration of developing countries with the world economy. The aim of
the paper is to provide a critique of globalisation and stress on local/national policies than
follow the one-size-fits-all approach.Globalisation

Unit I 15

Meaning and contents of globalization- First and second phases of modern economic
globalization.
Benefits of globalization, expansion of markets, freer movement of goods, services and
factors (labour and capital).

Unit II 15

Role of globalisation in reducing inequality and poverty.

Distribution of benefits of globalisation shared by developed and developing countries

Unit III 15

Globalisation and the world economy - production, global value chains - a case of
simultaneous integration and segmented production.

Unit IV 15

Critique of globalisation – To what extent globalisation implies a rise of neo-liberalism.

To understand the decline in the authority of the Nation-sate and reduction of policy
space.Major brunt borne by social spending and decline of safety nets.

Unit V 15

Global governance - IMF, World Bank and the WTO.Role of the WTO in governing the world
trading systems.
The way forward - stress on local/regional/national (context-specific) than global economy`

Suggested Readings

• Deepak Nayyar, Globalisation

• Joseph Stiglitz, Globalisation and its discontents
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.2 Supply Chain Management

Duration: 3 hours Marks: 100 lectures: 75

Objectives:

To acquaint the student about the production process pertaining to an Industrial unit and
also to develop skills in the areas of Supply Chain Management.

Unit I 20

Statistical Presentation: Elements of data representation for (i) Tabulation and

cumulative frequency, (ii) histogram, (iii) measures of central Tendency, (iv) Probability
Theory (Basic concepts excluding non-conditional and Bayes Theorem)

Unit II 15

Quality Management Concepts: ISO Certification. Methods of Control: Product, Process,

Risk, Evolution, Management Approaches, Quality Management Support System. R Chart, P
Chart and X charts; Acceptance Sampling & OC Curve in production Control.

Unit III 15

Supply Chain Management: Supply management an organization spanning activity. How

purchasing becomes supply management? Supply Management and the Bottom line. The
four phases of supply management.(Generation of requirement, sourcing, pricing and post-
Award activities). Supply management systems: B2B, Strategic Supply Management.

Unit – IV 25

Enabling Concepts in Supply: Buyer-supplier relationship: Developing and Managing

collaboration and Alliance relationship. Cross-functional teams and supply-Management
Activities. Challenges and problems with cross functional approach, ERP Systems,
Negotiations and Bidding, Information sharing.

Suggested Readings

• Vohra N.D., Quantative Techniques in Management, 3 rd edition, McGraw Hill

• Anderson, Sweeney & Williams, Quantative Methods for Business, South Western
Cengage

• Render Barry, Stair, Hanna &Badri, Quantative Analysis for Management, 10th
Edition, Prentice Hall
B.A. (Vocational Studies) Materials Management, CBCS

• SaxenaAnurag&KaushikSircar, Logistics & SCM, Jaico Publishing House.

• Fawcelt, Ellram& Ogden, Supply Chain Management, From Vision to Implementation,

Pearson education

• Chopra S, Meinde P &Kalra D.V. SCM-Strategy Planning & Operation, 3rd Edition,
Pearson Education

• Bowersox D, Class J. David & Cooker, Supply Chain Logistics Management, McGraw
Hill

• Chitale A.K, Gupta RC, Material Management-Text & Cases, Eastern Economy Edition

• Kulkarni& Ashok Sharma, SCM, Tata McGraw Hill

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6. 3 Business Law

Duration: 3 hours Marks: 100 lectures: 75

Objectives: The objective of the course is to impart basic knowledge of the important
business laws along with relevant case law.

Unit I: The Indian Contract Act, 1872 15

Contract – meaning, characteristics and kinds, Essentials of valid contract - Offer and
acceptance, consideration, contractual capacity, free consent, legality of objects, Void
agreements, Discharge of contract – modes of discharge including breach and its remedies,
Contingent contracts, Quasi contracts

Unit II: The Indian Contract Act, 1872: Specific Contracts 15

Contract of Indemnity and Guarantee, Contract of Bailment, Contract of Agency

Unit III: The Sale of Goods Act, 1930 15

Contract of sale, meaning and difference between sale and agreement to sell, Conditions
and warranties, Transfer of ownership in goods including sale by non-owners, Performance
of contract of sale, Unpaid seller – meaning and rights of an unpaid seller against the goods
and the buyer.

Unit IV: Partnership Law 15

The Partnership Act, 1932: Nature and Characteristics of Partnership, Registration of

Firms, Types of Partners, Rights and Duties of Partners, Implied Authority of a Partner,
Incoming and outgoing Partners, Mode of Dissolution of Partnership

The Limited Liability Partnership Act, 2008: Salient Features of LLP, Difference between
LLP and Partnership, LLP and Company, LLP Agreement, Partners and Designated Partners,
Incorporation Document, Incorporation by Registration, Partners and their Relations,
winding up
B.A. (Vocational Studies) Materials Management, CBCS

Unit V: The Negotiable Instruments Act, 1881 15

Meaning and Characteristics of Negotiable Instruments : Promissory Note, Bill of Exchange,

Cheque, Holder and Holder in due Course, Privileges of Holder in Due Course, Negotiation:
Types of Endorsements, Crossing of Cheque, Bouncing of Cheques

Suggested Readings

1. Kuchhal, M.C. and VivekKuchhal, Business Law, Vikas Publishing House, New Delhi.

2. DagarInderjeet&AgnihotriAnurag “Business Law” Galgotia Publishing Company, New Delhi

3. Singh, Avtar, Business Law, Eastern Book Company, Lucknow.

4. Sharma JP, KannojiaSunayana, An easy approach to business Law, Ane books pvt.Ltd.

5. Maheshwari&Maheshwari, Business Law, National Publishing House, New Delhi.

6. GoyalBhushan Kumar and Jain Kinneri, Business Laws, International Book House

Note: Latest edition of text books may be used.

B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.3 Material Planning and Control

Duration: 3 hours Marks: 100 lectures: 75

Objectives: To apprise the student to the concept of material planning and control and
various methods and techniques used for the purpose.

Unit I 15

Budgetary Control : Meaning of Budget, Types of Budgets, Budgetary Control System,

Material Requirement Planning, Principal Budget Factor, Budget Manual, Preparation of
Different Types of Budgets Like Sales, Production, Material Consumption, Purchase Budget
etc. Fixed and Flexible Budget.

Unit II 15

Standard Costing : Meaning of standard cost, Standard Costing System, Material Cost
Variance Analysis.

Unit III 15

Elements of Marginal costing and Decision making : Marginal Cost, Fixed and Variable
Costs (Period and Product Costs), Marginal Costing System, Marginal Cost Equation, Profit –
Volume Ratio, Break Even Point, Break Even Chart, Margin of Safety, Cost-Volume Profit
Analysis and its Uses, Concept of Relevant Costs in Decision Making. Simple Decision
Making Problems including Make or Buy Decision, Domestic versus International Purchase.

Unit IV 15

Computers in Material Management: Use of Computers in Material Planning, Purchase,

Store, Issue and Inventory Control. Integrated Information System for Material
Management.

Unit V 15

Evaluation of Material Management Function : Meaning and Procedure. Evaluation

Tools and Techniques.
B.A. (Vocational Studies) Materials Management, CBCS

Suggested Readings

• Maheshwari&Mittal , Management Accounting, Shree Mahavir Book, Depot, New

Delhi.

• Singh, Surender Cost Accounting Scholar Tech Press New Delhi

• Arora M.N., Management Accounting, Vikas Publishing House Pvt. Ltd.

• Jain IC, Management Accounting, Taxman New Delhi,

• Saxena, V.K. and Vashist CD, Cost and Management Accounting, Sultan Chand and
Sons, New Delhi.

• Pandey I.M. Management Accounting, Vikas Publishing House (Pvt.) Ltd., New Delhi.

• Singh & Gupta, Management Accounting, Pinnacle Learning, New Delhi.

• Dutta A.K., Materials Management: Procedures, Text and cases, Prentice Hall of India
Pvt. Ltd., New Delhi.

• Gopalakrishnan, P. and Sundarson, M., Materials Management: An Integrated

Approach, Prentice Hall of India Pvt. Ltd., New Delhi.

• Shah N.M. An Integrated concept of Materials Management, Indian Institute of

Materials Management, Baroda Branch, Baroda.
B.A. (Vocational Studies) Materials Management, CBCS

B.A.(Vocational Studies) Materials Management

Semester VI
Paper 6.4 Quality Management

Duration: 3 hours Marks: 100 lectures: 60

Objectives:The basic objective is to provide basic understanding of quality management.

Unit I 12

Quality, Strategic Planning, and Competitive Advantage: Brief History - Modern

Developments in Quality - A Race Without a Finish Line. Definitions of Quality.Quality in
Manufacturing and Service Systems. Economic Issues - Quality and Price - Quality and
Market Share - Quality and Cost - The Taguchi Loss Function.

Unit II 12

Quality & Competitive Advantage.Perspectives on Leadership for Quality - The Balridge View
of Leadership.The Deming Management Philosophy – Profound Knowledge – The Impact of
Profound Knowledge – Deming's 14 Points for Management. The Juran Philosophy – The
Juran Quality Trilogy. The Crosby Philosophy.

Unit III 12

Customer Focus: The Customer-Driven Quality Cycle – Identifying Customer Needs –

Achieving Customer Requirements in Production – Implications of the Customer-Driven
Quality Cycle.

Unit IV 12

Quality Function Deployment – The Quality Function Deployment Process - Building the
House of Quality – Implementing Quality Function Deployment. Designing Quality into
Services - Service Needs Identification – Service System Design. Customer Satisfaction
Measurement Techniques - Customer Relationship Management Techniques.

Unit V 12

Quality Control and Quality Assurance, Managing and organization for quality: Quality
Policy – Quality Objectives, – Leadership for Quality, Quality Management Standards:
(Introductory aspects only):

a. The ISO 9001:2000 Quality Management System Standard

b. The ISO 14001:2004 Environmental Management System Standard

c. ISO 27001:2005 Information Security Management System

d. ISO / TS16949:2002 for Automobile Industry e. CMMI Fundamentals & Concepts

B.A. (Vocational Studies) Materials Management, CBCS

Suggested readings

1. Lt. Gen. H. Lal, “Total Quality Management”, Eastern Limited, 1990.

2. Greg Bounds, “Beyond Total Quality Management”, McGraw Hill, 1994.
3. Menon, H.G, “TQM in New Product manufacturing”, McGraw Hill 1992.
4. Handbook of quality standards