Skip to content

FYBMS Syllabus – Mumbai University | Semester 1 & 2

  • by
FYBMS Syllabus Semester 1
FYBMS Syllabus Semester 1

FYBMS Syllabus
(Semester 1)

Following are the list of FYBMS Subjects (Semester I):

1) Introduction to Financial Accounts
2) Business Law
3) Business Statistics

4) Business Communication -I
5) Business Economics
6) Foundation of Human Skills(FHS)
7) Foundation Course-I

FYBMS Semester 1

FYBMS Sem 1 Introduction to Financial Accounts Syllabus

a) Meaning and Scope of Accounting: Need and Development, Definition : Book-Keeping and Accounting, Persons interested in Accounting, Branches of Accounting, Objectives of Accounting.
b) Accounting Principles: Introductions to Concepts and Conventions.
c) Introduction to Accounting Standards : (Meaning and Scope)
i) AS 1 : Disclosure to Accounting Policies
ii) AS 6 : Depreciation Accounting
iii) AS 9 : Revenue Recognition
iv) AS 10 : Accounting For Fixed Assets
d) International Financial Reporting Standards (IFRS) :
i) Introduction to IFRS
ii) IAS-1 : Presentation of Financial Statements (Introductory Knowledge)
iii) IAS-2 : Inventories (Introductory Knowledge)
e) Accounting in Computerized Environment
f) Introduction, Features and Application in various Areas of Accounting

a) Accounting Transactions – Accounting Cycle, Journal, Journal Proper, Opening and Closing Entries, Relationship between Journal and Ledger, Rules regarding Posting, Trial Balance, Subsidiary Books (Purchase, Purchase Returns, Sales, Sales Returns and Cash Book – Triple Column), Bank Reconciliation Statement
b) Expenditure –
Classification of Expenditure – Capital, Revenue and Deferred Revenue Expenditure
Unusual Expenses – Effects of Error, Criteria Test
c) Receipts – Capital Receipt, Revenue Receipt, Distinction between Capital Receipts and Revenue Receipts
d) Profit or Loss – Revenue Profit or Loss, Capital Profit or Loss

a) Depreciation Accounting : Practical Problem based on Depreciation using SLM and RBM Methods (where Provision for Depreciation Account not maintained)
b) Preparation of Trial Balance : Introduction and Preparation of Trial Balance

a) Introduction to Final Accounts of a Sole Proprietor
b) Rectification of Errors
c) Manufacturing Accounts, Trading Account, Profit and Loss Account and Balance Sheet
d) Preparation and Presentation of Final Accounts in Horizontal Format
e) Introduction to Schedule VI of Companies Act, 1956

FYBMS Sem 1 Business Law Syllabus

a) Contract Act, 1872 : Essential Elements of Contract; Agreement and Contract – Capacity to Contract, Free Consent, Consideration, Lawful Objects/Consideration, Breach of Contract, Remedies for Breach of Contract
b) Sale of Goods Act, 1930 : Scope of Act, Sale and Agreement to Sell, Essential of a Valid Sale Contract – Conditions and Warranties – Implied Conditions and Warranties, Rights of an Unpaid Seller

a) Negotiable Instruments Act, 1881 : Introduction of Negotiable Instruments – Characteristics of Negotiable Instruments, Promissory Note, Bills of Exchange, Cheque, Dishonor of Cheque
b) Consumer Protection Act, 1986 : Objects of Consumer Protection – Introduction of Consumers who is Consumer ? Meaning of the words “Goods and Services” – Meaning of the words “Defects and Deficiencies of Goods and Services”, Consumer Disputes and Complaints

a) Company Law : What is Company ? – Incorporation of Company – MOA, AOA, Prospectus, Meetings,
Meaning of Transfer and Transmission of Shares

a) Intellectual Property Rights (IPR)
b) IPR Definition / Objectives
c) Patent Definition. What is Patentable ? What is not Patentable? Invention and its Attributes, Inventors and Applications
d) Trademarks, Definition, Types of Trademarks, Infringement and Passing off
e) Copy Right Definition and Subject in which Copy Right Exists, Originality, Meaning and Content, Authors and Owners, Rights and Restrictions
f) Geographical Indications (only short notes)

FYBMS Sem 1 Business Statistics Syllabus

a) Introduction to Statistics: Functions / Scope, Importance, Limitations
b) Data: Relevance of Data (Current Scenario), Type of Data (Primary and Secondary), Primary (Census vs Samples), Method of Collection (in Brief), Secondary (Merits, Limitations, Sources) (In Brief)
c) Presentation of Data: Classification – Frequency Distribution – Discrete & Continuous, Tabulation, Graph (Frequency, Bar Diagram, Pie Chart, Histogram, Ogives)
d) Measures of Central Tendency: Mean (A.M., Weighted, Combined), Median (Calculation and Graphical using Ogives), Mode (Calculation and Graphical using Histogram), Comparative Analysis of all Measures of Central Tendency

a) Measures of Dispersion: Range with C.R. (Co-efficient Range), Quartiles & Quartile Deviation with CQ (Co-efficient of Quartile), Mean Deviation from Mean with CMD (Co-efficient of Mean Deviation), Standard Deviation with CV (Co-efficient of Variance), Skewness and Kurtosis (only concept)
b) Co-Relation: Karl Pearson, Rank Co-Relation
c) Linear Regression: Least Square Method

a) Time Series: Least Square Method, Moving Average Method, Determination of Season
b) Index Number: Simple (unweighted) Aggregate Method, Weighted Aggregate Method, Simple Average of Price Relatives, Weighted Average of Price Relatives, Chain Base Index Numbers, Base Shifting, Splicing and Deflating, Cost of Living Index Number

a) Probability : Concept of Sample Space, Concept of Event, Definition of Probability, Addition and Multiplication Laws of Probability, Conditional Probability, Bayes’ Theorem (Concept only), Expectation and Variance, Concept of Probability Distribution (only Concept)
b) Decision Theory : Acts, State of Nature Events, Pay offs, Opportunity Loss, Decision Making under Certainty, Decision Making under Uncertainty
c) Non-Probability : Maximax, Maximin, Minimax, Regret, Laplace and Hurwicz
d) Probabilitistics (Decision Making under Risk) – EMV – EOL – EVPI
e) Decision Tree

FYBMS Sem 1 Business Communication – I Syllabus

a) Concept of Communication : Meaning, Definition, Process, Need, Feedback Emergence of Communication as a key concept in the Corporate and Global world Impact of technological advancements on Communication
b) Channels and Objectives of Communication : Channels Formal and Informal- Vertical, Horizontal, Diagonal, Grapevine
c) Objectives of Communication : Information, Advice, Order and Instruction, Persuasion, Motivation, Education, Warning, and Boosting the Morale of Employees (A brief introduction to these objectives to be given)
d) Methods and Modes of Communication :
i) Methods: Verbal and Nonverbal, Characteristics of Verbal Communication
Characteristics of Non-verbal Communication, Business Etiquette
ii) Modes: Telephone and SMS Communication 3 (General introduction to Telegram
to be given) Facsimile Communication [Fax]
Computers and E- communication Video and Satellite Conferencing

a) Problems in Communication /Barriers to Communication:
Physical/ Semantic/Language / Socio-Cultural / Psychological / Barriers, Ways to Overcome these Barriers
b) Listening : Importance of Listening Skills, Cultivating good Listening Skills – 4
c) Introduction to Business Ethics:
Concept and Interpretation, Importance of Business Ethics, Personal Integrity at the workplace, Business Ethics and media, Computer Ethics, Corporate Social Responsibility

Teachers can adopt a case study approach and address issues such as the following so as to orient and sensitize the student community to actual business
Surrogate Advertising, Patents and Intellectual Property Rights, Dumping of
Human Rights Violations and Discrimination on the basis of gender, race, caste,
religion, appearance and sexual orientation at the workplace
Piracy, Insurance, Child Labour

a) Theory of Business Letter Writing:
Parts, Structure, Layouts—Full Block, Modified Block, Semi – Block Principles of Effective Letter Writing, Principles of effective Email Writing,
b) Personnel Correspondence:
Statement of Purpose, Job Application Letter and Resume, Letter of Acceptance of Job Offer, Letter of Resignation
[Letter of Appointment, Promotion and Termination, Letter of Recommendation
(to be taught but not to be tested in the examination)]

Commercial Terms used in Business Communication
Paragraph Writing:
Developing an idea, using appropriate linking devices, etc
Cohesion and Coherence, self-editing, etc [Interpretation of technical data,
Composition on a given situation, a short informal report etc.]

 Listening Comprehension
 Remedial Teaching
 Speaking Skills: Presenting a News Item, Dialogue and Speeches
 Paragraph Writing: Preparation of the first draft, Revision and Self – Editing,
Rules of spelling.
 Reading Comprehension: Analysis of texts from the fields of Commerce and Management

FYBMS Sem 1 Foundation Course-I Syllabus

a) Understand the multi-cultural diversity of Indian society through its demographic composition: population distribution according to religion, caste, and gender; Appreciate the concept of linguistic diversity in relation to the Indian situation;
b) Understand regional variations according to rural, urban and tribal characteristics;
c) Understanding the concept of diversity as difference

a) Understand the concept of disparity as arising out of stratification and inequality;
b) Explore the disparities arising out of gender with special reference to violence against women, female foeticide (declining sex ratio), and portrayal of women in media;
c) Appreciate the inequalities faced by people with disabilities and understand the issues of people with physical and mental disabilities

a) Examine inequalities manifested due to the caste system and inter-group conflicts arising thereof; Understand inter-group conflicts arising out of communalism;
b) Examine the causes and effects of conflicts arising out of regionalism and linguistic differences

a) Philosophy of the Constitution as set out in the Preamble;
b) The structure of the Constitution-the Preamble, Main Body and Schedules;
c) Fundamental Duties of the Indian Citizen; tolerance, peace and communal harmony as crucial values in strengthening the social fabric of Indian society;
d) Basic features of the Constitution

a) The party system in Indian politics; Local self-government in urban and rural areas;
b) The 73rd and 74th Amendments and their implications for inclusive politics;
c) Role and significance of women in politics

FYBCOM Sem 1 Foundation of Human Skills Syllabus

a) Individual Behaviour: Concept of a man, individual differences, factors affecting individual differences, Influence of environment
b) Personality and attitude: Determinants of personality, Personality traits theory, Big five model, Personality traits important for organizational
behaviour like authoritarianism, locus of control, Machiavellianism, introversion-extroversion achievement orientation , self – esteem, risk taking, self-monitoring and type A and B personalities, Concept of understanding self through JOHARI WINDOWS, Nature and components of attitude, Functions of attitude, Ways of changing attitude, Reading emotions

c) Thinking, learning and perceptions: Thinking skills, thinking styles and thinking hat, Managerial skills and development, Learning characteristics, theories of learning (classical conditioning, operant conditioning and social learning approaches), Intelligence, type ( IQ, EQ, SQ, at work place), Perception features and factor influencing individual perception, Effects of perceptual error in managerial decision making at work place. (Errors such as Halo effect, stereotyping, prejudice attributional).

a) Introduction to Group Behaviour
i) Group Dynamics: Nature, types, group behaviour model (roles, norms, status, process, structures)
ii) Team effectiveness: nature, types of teams, ways of forming an effective team. Setting goals.
b) Organizational processes and system.
i) Power and politics: nature, bases of power, politics nature, types, causes of organizational politics, political games.
ii) Organizational conflicts and resolution: Conflict features, types, causes leading to organizational conflicts, levels of conflicts, ways to resolve
conflicts through five conflicts resolution strategies with outcomes.

a) Organizational Culture:
i) Characteristics of organizational culture.
ii) Types, functions and barriers of organizational culture
iii) Ways of creating and maintaining effective organization culture
b) Motivation at workplace: Concept of motivation
Theories of motivation in an organizational set up.
i) A.Maslow Need Heirachy
ii) F.Hertzberg Dual Factor
iii) Mc.Gregor theory X and theory Y.
Ways of motivating through carrot (positive reinforcement) and stick (negative
reinforcement) at workplace.

a) Organizational change and creativity: Concepts of organisational change, Factors leading/influencing organisational change, Kurt Lewins model of organisational change and development, Creativity and qualities of a creative person, Ways of enhancing creativity for effective decision making, Creative problem solving.
b) Organizational Development and work stress: Need for organizational development, OD Techniques, Stress, types of stress, Causes and consequences of job stress, Ways for coping up with job stress

FYBMS Sem 1 Business Economics – I Syllabus

a) Scope and Importance of Business Economics – basic tools- Opportunity Cost principle- Incremental and Marginal Concepts. Basic economic relations – functional relations: equations- Total, Average and Marginal relations- use of Marginal analysis in decision making,
The basics of market demand, market supply and equilibrium price- shifts in the demand and supply curves and equilibrium

a) Demand Function – nature of demand curve under different markets Meaning, significance, types and measurement of elasticity of demand (Price, income cross and promotional)- relationship between elasticity of demand and revenue concepts
b) Demand estimation and forecasting: Meaning and significance – methods of demand estimation : survey and statistical methods
(numerical illustrations on trend analysis and simple linear regression)

a) Production function: short run analysis with Law of Variable Proportions
Production function with two variable inputs- isoquants, ridge lines and least cost
combination of inputs- Long run production function and Laws of Returns to Scale expansion path – Economies and diseconomies of Scale.
b) Cost concepts: Accounting cost and economic cost, implicit and explicit cost, fixed and variable cost – total, average and marginal cost – Cost Output Relationship in the Short Run and Long Run (hypothetical numerical problems to be discussed),LAC and Learning curve – Break even analysis (with business applications)

Short run and long run equilibrium of a competitive firm and of industry – monopoly – short run and long- run equilibrium of a firm under Monopoly
a) Monopolistic competition: Equilibrium of a firm under monopolistic competition, debate over role of advertising
(topics to be taught using case studies from real life examples)
b) Oligopolistic markets: key attributes of oligopoly – Collusive and non collusive oligopoly market – Price rigidity – Cartels and price leadership models
(with practical examples)

Cost oriented pricing methods: cost – plus (full cost) pricing, marginal cost pricing, Mark up pricing, discriminating pricing, multiple – product pricing – transfer pricing
(case studies on how pricing methods are used in business world)

Related Posts :
FYBMS Subjects
SYBMS Subjects
TYBMS Subjects
FYBMS Syllabus
SYBMS Syllabus
TYBMS Syllabus

FYBMS Syllabus
(Semester 2)

FYBMS Syllabus
FYBMS Syllabus Semester 2

Following are the list of FYBMS Subjects (Semester II):

1) Principles of Management
2) Principles of Marketing
3) Business Environment
4) Business Mathematics
5) Industrial Law
6) Foundation Course – II
7) Business Communication – II

FYBMS Syllabus Semester 2

FYBMS Sem 1 Principles of Management Syllabus

a) Management : Concept, Significance, Role and Skills, Levels of Management, Concepts of PODSCORB, Managerial Grid
b) Evolution of Management Thoughts, Contribution of F. W. Taylor, Henri Fayol and Contingency Approach

a) Planning : Meaning, Importance, Elements, Process, Limitations and MBO
b) Decision Making : Meaning, Importance, Process, Techniques of Decision Making

a) Organizing – Concepts, Structure (Formal & Informal, Line & Staff and Matrix), Meaning, Advantages and Limitations
b) Departmentation – Meaning, Basis and Significance
c) Span of Control – Meaning, Graicunas Theory, Factors Affecting Span of Control
d) Centralization v/s. Decentralization
e) Delegation – Authority and Responsibility Relationship

a) Directing : Meaning and Process
b) Leadership : Meaning, Styles and Qualities of Good Leader
c) Co-ordination as an Essence of Management
d) Controlling : Meaning, Process and Techniques
e) Recent Trends : Green Management and CSR

FYBMS Sem 1 Principles of Marketing Syllabus

a) Introduction to Marketing : Definition, features, advantages and scope of marketing. The 4P’s and 4C’s of marketing. Marketing v/s Selling. Marketing as an activity and function.
b) Concepts of Marketing: Needs, wants and demands, transactions, transfer and exchanges.
c) Orientations of a firm: Production concept; Product concept; selling concept and marketing concept, social relationship, Holistic marketing.

a) The micro environment of business: Management structure; Marketing Channels; Markets in which a firm operates; competitors and stakeholders.
b) Macro environment: Political Factors; Economic Factors; Socio-Cultural Factors, Technological Factors (PEST Analysis)
c) Marketing research: Meaning, features, Importance of marketing research. Types of marketing research: Product research; Sales research; consumer/customer research; production research.
d) MIS – Meaning, features and Importance.
e) Consumer Behavior – Meaning, features, importance, factors affecting Consumer Behavior.

a) Meaning – Elements of Marketing Mix
b) Product-product mix – product line lifecycle – product planning – New product development – failure of new product – levels of product
c) Branding – Packing and packaging – role and importance
d) Pricing – objectives- factors influencing pricing policy and Pricing strategy
e) Physical distribution – meaning – factor affecting channel selection -types of marketing channels
f) Promotion – meaning and significance of promotion. Promotion tools (brief)

a) Segmentation – meaning, importance, basis
b) Targeting – meaning, types
c) Positioning – meaning – strategies
d) New trends in marketing – E-marketing, Internet marketing and marketing using Social network
e) Social marketing/ Relationship marketing

FYBMS Sem 1 Business Environment Syllabus

a) Business – Meaning, Definition, Nature & Scope, Types of Business Organizations.
b) Business Environment – Meaning, Characteristics, Scope and Significance, Components of Business Environment.
c) Micro and Macro Environment – Definition, Differentiation, Analysis of Business Environment, SWOT Analysis.
d) Introduction to Micro-Environment –
Internal Environment: Value system, Mission, Objectives, Organizational Structure, Organizational Resources, Company Image, Brand Equity
External Environment: Firm, customers, suppliers, distributors, Competitors, Society
e) Introduction to Macro Components – Demographic, Natural, Political, Social, Cultural, Economic, Technological, International and Legal

a) Political Institutions – Legislature, Executive, Judiciary, Role of government in Business, Legal framework in India.
b) Economic environment- Economic system and economic policies. Concept of Capitalism, Socialism and Mixed Economy
c) Impact of business on Private sector, Public sector and Joint sector
d) Sun-rise sectors of India Economy. Challenges of Indian economy.

a) Social and Cultural Environment – Nature, Impact of foreign culture on Business, Traditional Values and its Impact, Social Audit – Meaning and Importance of Corporate Governance and Social Responsibility of Business
b) Technological Environment – Features, Impact of technology on Business
c) Competitive Environment – Meaning, Michael Porter’s Five Forces Analysis, Competitive Strategies

a) International Environment
i) GATT/ WTO: Objective and Evolution of GATT, Uruguay round, GATT v/s WTO, Functions of WTO, Pros and Cons of WTO.
ii) Globalization – Meaning , Nature and stages of Globalization, features of Globalization, Foreign Market entry strategies, LPG model.
iii) MNCs – Definition, meaning, merits, demerits, MNCs in India
iv) FDI – Meaning, FDI concepts and functions, Need for FDI in developing countries, Factors influencing FDI, FDI operations in India,
b) Challenges faced by International Business and Investment Opportunities for Indian Industry.

FYBMS Sem 1 Business Mathematics Syllabus

a) Simple and Compound Interest: Interest compounded once a year, more than once a year, continuous, nominal and effective rate of interest.
b) Annuity : Present and future value – sinking funds
c) Depreciation of Assets : Equated Monthly Instalments (EMI) – using flat interest rate and reducing balance method.
d) Functions : Algebraic functions and the functions used in business and economics, Break Even and Equilibrium point.
e) Permutation and Combination : (Simple problems to be solved with the calculator only)

a) Matrices : Some important definitions and some important results. Matrix operation (Addition, scalar multiplication, matrix multiplication, transpose of a matrix)
b) Determinants of a matrix of order two or three – properties and results of Determinants
c) Solving a system of linear equations using Cramer’s Rule
d) Inverse of a Matrix (up to order three) using ad-joint of a matrix and matrix inversion method
e) Case Study – Input Output Analysis

a) Introduction and Concept : Derivatives of constant function, logarithmic functions, polynomial and exponential function
b) Rules of derivatives: addition, multiplication, quotient
c) Second order derivatives
d) Application of Derivatives : Maxima, Minima, Average Cost and Marginal Cost. Total Revenue, Marginal Revenue, Average Revenue. Average and Marginal Profit. Price elasticity of demand

a) Introduction and Concept – Finite differences – forward difference operator – Newton’s forward difference formula with simple examples
b) Backward Difference Operator. Newton’s backward interpolation formula with simple examples.

FYBMS Sem 1 Industrial Law Syllabus

a) Industrial Disputes Act, 1947 : Definition, Authorities, Awards, Settlements, Strikes Lockouts, Lay Offs, Retrenchment and Closure
b) The Trade Union Act, 1926

a) The Factory Act, 1948 : (Provisions Related to Health, Safety and Welfare)
b) The Workmen’s Compensation Act, 1923 : Provisions –
i) Introduction : The Doctrine of Assumed Risk, The Doctrine of Common Employment, The Doctrine of Contributory Negligence
ii) Definitions
iii) Employers Liability for Compensation (Sec. 3 to 13)
iv) Rules as to Compensation (Sec. 4 to Sec. 9) (14A and 17)

a) Employees’ State Insurance Act, 1948 : Definition and Employees Provident Fund
b) Miscellaneous Provision Act, 1952 : Schemes, Administration and Determination of Dues

a) The Payment of Wages Act, 1936 : Objectives, Definition, Authorized Deductions
b) Payment of Bonus Act, 1965
c) The Payment of Gratuity Act, 1972

FYBMS Sem 1 Foundation Course – II Syllabus

a) Understanding the concepts of liberalization, privatization and globalization;
b) Growth of information technology and communication and its impact manifested in everyday life;
c) Impact of globalization on industry: changes in employment and increasing migration;
d) Changes in agrarian sector due to globalization; rise in corporate farming and increase in farmers’ suicides.

a) Concept of Human Rights; origin and evolution of the concept;
b) The Universal Declaration of Human Rights;
c) Human Rights constituents with special reference to Fundamental Rights stated in the Constitution.

a) Importance of Environment Studies in the current developmental context;
b) Understanding Concepts of Environment, Ecology and their inter-connectedness;
c) Environment as natural capital and connection to quality of human life;
d) Environmental Degradation – Causes and Impact on human life;
e) Sustainable Development – Concept and components; poverty and environment

a) Causes of stress and conflict in individuals and society;
b) Agents of socialization and the role played by them in developing the individual;
c) Significance of values, ethics and prejudices in developing the individual;
d) Stereotyping and prejudice as significant factors in causing conflicts in society.
e )Aggression and violence as the public expression of conflict.

a) Types of conflicts and use of coping mechanisms for managing individual stress;
b )Maslow’s theory of self-actualisation;
c) Different methods of responding to conflicts in society;
d) Conflict-resolution and efforts towards building peace and harmony in society.

Topics For Project Guidance : Contemporary Societal Challenges
(a) Increasing urbanization, problems of housing, health and sanitation;
(b) Changing lifestyles and impact on culture in a globalised world.
(c) Farmers’ suicides and agrarian distress.
(d) Debate regarding Genetically Modified Crops.
(e) Development projects and Human Rights violations.
(f) Increasing crime/suicides among youth.

FYBMS Sem 1 Business Communication – II Syllabus

a) Presentations
Principles of Effective Presentation
Effective use of OHP
Effective use of Transparencies
How to make a Power-Point Presentation

a) Interviews – Group Discussion, Preparing for an Interview
Types of Interviews – Selection, Appraisal, Grievance, Exit
b) Meetings – Need and Importance of Meetings, Conduct of Meeting and Group Dynamics
Role of the Chairperson, Role of the Participants
Drafting of Notice, Agenda and Resolutions
c) Conference – Meaning and Importance of Conference
Organizing a Conference
Modern Methods : Video and Tele-Conferencing
d) Public Relations – Meaning, Functions of PR Department
External and Internal Measures of PR

a) Trade Letters –
Order, Credit and Status Enquiry, Collection (Just a brief introduction to be given)
Only following to be taught in detail :-
Letters of Inquiry, Letters of Complaints, Claims, Adjustments
Sales Letters, Promotional Leaflets and Fliers
Consumer Grievance Letters
Letters under Right to Information (RTI) Act
[Teachers must provide students with theoretical constructs wherever necessary in order to create awareness. However students are not be tested on the theory.]

a) Reports –
Parts, Types, Feasibility Reports, Investigative Reports
b) Summarisation –
Identification of main and supporting / sub points, Presenting these in cohesive manner.

FYBMS Syllabus Pdf