PROSPECTUS AND PROGRAMME GUIDE Exclusively for Company Secretaryship Students B.COM (CA & A) BACHELOR OF COMMERCE with Major in Corporate Affairs and Administration M.COM (BP & CG) MASTER OF COMMERCE In Business Policy and Corporate Governance Designed and Developed in Collaboration with Directorate of Academics & Professional Development THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI) School of Management Studies Indira Gandhi National Open University New Delhi www.ignou.ac.in Please keep this Programme Guide safely till you complete the Programme. You will need to consult it while working on the Programme. RECOGNITION IGNOU is a CENTRAL UNIVERSITY established by an Act of Parliament in 1985 (Act No 50 of 1985). IGNOU Degrees/Diplomas/Certificates are recognised by all the members of the Association of Indian Universitties (AIU) and at par with Degrees/Diplomas/Certificates of all Indian Universities/Deemed Universities/Institutions vide UGC Circular No. F.1-8/92 (CPP) dated February 1992 & AIU Circular No. EV/B (449)/94/176915-155115 dated January 1994. Despatch of Study Material and Assignments “The University sends study materials and assignments, wherever prescribed to the students by registered post and if a student does not receive the same for any reason whatsoever, the University shall not be held responsible for that.” PROSPECTUS AND PROGRAMME GUIDE Exclusively for Company Secretaryship Students B.COM (CA & A) BACHELOR OF COMMERCE with Major in Corporate Affairs and Administration M.COM (BP & CG) MASTER OF COMMERCE In Business Policy and Corporate Governance Designed and Developed in Collaboration with Directorate of Academics & Professional Development THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI) School of Management Studies Indira Gandhi National Open University New Delhi www.ignou.ac.in Price: Rs. 750/- PROGRAMME DESIGN COMMITTEE Prof. N.V. Narasimham Former Director School of Management Studies, IGNOU Dr. S.P. Narang, Former Secretary, ICSI Sh. V.K. Aggarwal, Principal Director, ICSI CS. Sutanu Sinha, Director Academics, ICSI Dr. S.K. Dixit, Joint Director, ICSI Prof. J.M. Parakh, Director, SOH, IGNOU Prof. Pandav Nayak, Professor, SOSS, IGNOU Prof. A.R. Khan, Convenor BDP Coordination Committee, IGNOU Prof. R.K. Grover (Retired) School of Management Studies, IGNOU Prof. Nawal Kishor School of Management Studies, IGNOU Prof. Madhu Tyagi School of Management Studies, IGNOU Prof. M.S. Senam Raju School of Management Studies, IGNOU PRINT PRODUCTION Mr. K.G. Sasi Kumar Assistant Registrar (Publication) SOMS, IGNOU, New Delhi March, 2013 © Indira Gandhi National Open University, 2013 All rights reserved. No part of this work may be reproduced in any form, by mimeograph or any other means, without permission in writing from the Indira Gandhi National Open University. Further information on the Indira Gandhi National Open University courses may be obtained from the University’s office at Maidan Garhi, New Delhi-110 068. Printed and published on behalf of the Indira Gandhi National Open University, New Delhi, by the Director, School of Management Studies. Laser typeset by Nath Graphics, 1/21, Sarvapriya Vihar, New Delhi-110 016. Printed at: Contents Page Nos. 1. The University.......................................................................................................................................A-1 1.1 The Schools of Studies.................................................................................................................A-1 1.2 Academic Programmes.................................................................................................................A-2 1.3 Course Materials...........................................................................................................................A-2 1.4 Credit System...............................................................................................................................A-2 2. Bachelor of Commerce with Major in Corporate Affairs and Administration..............................A-3 2.1 Programme Structure...................................................................................................................A-3 2.2 Eligibility for Admission................................................................................................................A-3 2.3 Medium of Instruction..................................................................................................................A-4 2.4 Fee Structure................................................................................................................................A-4 2.5 Duration of the Programme..........................................................................................................A-4 2.6 Evaluation System ........................................................................................................................A-4 3. Master of Commerce in Business Policy and Corporate Governance............................................A-5 3.1 Programme Structure...................................................................................................................A-5 3.2 Eligibility for Admission................................................................................................................A-5 3.3 Fee Structure................................................................................................................................A-5 3.4 Medium of Instruction.................................................................................................................A-6 3.5 Duration of the Programme..........................................................................................................A-6 3.6 Evaluation System ........................................................................................................................A-6 4. Instructional System............................................................................................................................A-7 4.1 Print Material ................................................................................................................................A-7 4.2 Audio-Visual Aids..........................................................................................................................A-8 4.3 Interactive Radio-Counselling.......................................................................................................A-8 4.4 Gyan Darshan...............................................................................................................................A-8 4.5. Teleconferencing..........................................................................................................................A-8 4.6. Counselling ...................................................................................................................................A-9 4.7. University Functionaries for Sorting Out Problems .....................................................................A-9 5. Student Support through Study Centres..........................................................................................A-10 6. Evaluation System for IGNOU Courses...........................................................................................A-10 6.1 Continuous Evaluation through Assignments .............................................................................A-11 6.2 Term-End Examinations .............................................................................................................A-12 7. Other Useful Information..................................................................................................................A-14 7.1 IGNOU Newsletter.....................................................................................................................A-14 7.2 Reservation of Seats...................................................................................................................A-15 7.3 Scholarships and Reimbursement of Fees..................................................................................A-15 7.4 Provisional Certificate.................................................................................................................A-16 7.5 Change of Medium .....................................................................................................................A-16 7.6 Change or Correction of Address...............................................................................................A-16 7.7 Change of Study Centre .............................................................................................................A-16 7.8 Change of Regional Centre.........................................................................................................A-16 7.9 Issue of Duplicate Grade Card/Mark Sheet................................................................................A-16 7.10 Re-admission ..............................................................................................................................A-16 7.11 Simultaneous Registration...........................................................................................................A-16 7.12 Refund of Fees ...........................................................................................................................A-16 7.13 Migration Certificate...................................................................................................................A-16 7.14 Disputes on Admission and other University Matters.................................................................A-16 8. Commerce Faculty and Staff.............................................................................................................A-17 Syllabus of B. Com with Major in Corporate Affairs and Administration 9. Syllabus of courses offered by IGNOU................................................................................................A-19 10. Syllabus of Foundation Programme offefred by ICSI..........................................................................A-25 11. Syllabus of Executive Programme offered by ICSI..............................................................................A-29 Syllabus of M. Com in Business Policy and Corporate Governance 12. Syllabus of courses offered by IGNOU................................................................................................A-39 13. Syllabus of Professional Programmed offered by ICSI........................................................................A-43 14. Some Forms for Your Use....................................................................................................................B-1 Assignment Remittance-cum-acknowledgement....................................................................................B-2 Requisition for Fresh Set of Assignments...............................................................................................B-3 Term-end Examination Form ..................................................................................................................B-5 Application form for Re-Evaluation of Answer Script............................................................................B-7 Application form for Issue of Migration Certificate................................................................................B-9 Application form for Obtaining Duplicate Grade Card/Mark Sheet......................................................B-11 Change/Correction/Address/Study Centre ............................................................................................B-12 Application Form for Re-Admission. ....................................................................................................B-13 Application form for Early Declaration of Result of Term-End Examination.......................................B-15 Application form for Obtaining Photocopy of the Answer Script ........................................................B-17 Non-receipt of Study Material & Assignment.......................................................................................B-19 Change of Medium/Elective/Programme of Study................................................................................B-20 Application form for Issue of Provisional Certificate ...........................................................................B-21 Application form for Isue of Official Transcript ..................................................................................B-22 Application form for Improvement In Division/Class...........................................................................B-23 Application form for Issue of a Duplicate Copy of University Diploma/Degree/Certificate.................B-25 15. Satellite Downlink Facility Sites for viewing Gyan Darshan Channel.........................................B-27 16. Annexures Annexure I: Addresses and Codes of IGNOU Regional Centres........................................................B-32 Annexure II: Addresses of Study Centres of B.Com (CA & A)/M.Com (BP & CG) ........................B-44 Annexure III: List of State Codes....................................................................................................B-101 Annexure IV: List of Board Codes ...................................................................................................B-102 Annexure V: Banks Designated to Collect Fees in Cash from IGNOU Students.............................B-103 Annexure VI: Challan Form.. ...........................................................................................................B-105 17. GUIDELINES FOR FILLING IN THE APPLICATION FORM.....................................................B-106 THE INSTITUTE OF COMPANY SECRETARIES OF INDIA About the Institute The Institute of Company Secretaries of India constituted under an Act of Parliament, i.e. the Company Secretaries Act, 1980 is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India and to award the certificate bestowing the designation of Company Secretary to a candidate qualifying for membership of the Institute. It was in 1960 that the Government of India formed an Advisory Committee to standardize the basic qualifications needed for company secretaryship course and to conduct the company secretaryship examination. Initially, the Company Law Board registered the students, conducted company secretaries examination, provided practical training facilities and issued Government Diploma in Company Secretaryship to qualified candidates from 1960 to 1968. As the number of persons taking up the company secretaryship course grew, the Government promoted on 4th October, 1968 the Institute of Company Secretaries of India under Section 25 of the Companies Act, 1956 for taking over from the Government of India, to conduct the company secretaryship examination. The Institute has since been converted into a statutory body w.e.f. 1.1.1981 under the Company Secretaries Act, 1980. The Institute has on its rolls over 20,000 members including over 3,000 members holding certificate of practice and has totally registered over Five Lakh Twenty Thousand students since the inception of the course in 1960. The Institute has its headquarters at New Delhi and four regional offices at New Delhi, Chennai, Kolkata and Mumbai. In addition, the Institute has four Regional Councils and under their jurisdiction 45 Chapters and 24 Satellite Chapters located in various cities as per details given in Annexure VII. The affairs of the Institute are managed by a Council consisting of fifteen elected members and five nominees of the Central Government. The President is the Chief Executive Authority of the Council. Objectives of the Institute The Institute of Company Secretaries of India ● Exercises professional supervision over the members of the Institute both in practice and in employment in matters pertaining to Professional Ethics and Code of Conduct; ● Undertakes research in Law, Management and Finance disciplines and brings out research publications and guidance notes; ● Formulates Secretarial Standards and brings out Guidance Notes thereon; ● Gives expert advisory opinion to members on intricate issues relating to various corporate laws; ● Organises Professional Development Programmes, Continuing Education and Participative Certificate Programmes, International/National/Regional Conventions and Conferences directly or through its Regional Councils and Chapters; ● Organises Professional Development Programmes in collaboration with Chambers of Commerce, Department of Public Enterprises, Sister Professional Institutes and other Professional Development/Management Bodies; ● Interacts with various National and Regional Chambers of Commerce with regard to various Government Policies and Legislations; ● Bestows ICSI National Awards for Excellence in Corporate Governance to best governed companies and Life Time Achievement Award for Translating Excellence in Corporate Governance into reality. ICSI-IGNOU Memorandum of Understanding Recognizing subjects studied in the entry level courses of ICSI and the subjects of study in the Foundation/ Executive programme of company secretaryship under the approved scheme of education and training of the ICSI, as well practical training component, IGNOU conducts a specialized Bachelor of Commerce with Major in Corporate Affairs and Administration Programme by which exemption is granted in certain common subjects such that these students can develop their learning process by acquiring knowledge in new areas rather than concentrating in the same subject which are covered in the theoretical education scheme of the ICSI. Further, recognizing subjects of the study in the ICSI Professional programme, the IGNOU also conducts a special Master of Commerce in Business Policy and Corporate Governance for the benefits of students who are undergoing ICSI Professional Programme or who have already qualified ICSI Professional examination. 1. THE UNIVERSITY The Indira Gandhi National Open University was established by an Act of Parliament in 1985 to achieve the following objectives: ● democratizing higher education by taking education to the doorsteps of the students ● providing access to high quality education to all those who seek it, irrespective of age, region, or formal qualifications ● offering need-based academic programmes by giving professional and vocational orientation to the courses ● promoting and developing distance education in India ● setting and maintaining standards in distance education in the country - as an apex body for the purpose. Some of the special features of the Open and Distance Education System currently practised by IGNOU are: ● Relaxed entry requirements ● Provision of equal opportunity of admission to people from all over the country ● Provision of learning at one’s own pace, place and time ● Cost-effective and cost-efficient educational operations ● Multi-media approach in the preparation of course packages ● Self-instructional Printed and Audio/Video course materials ● Network of student support services throughout the country ● Face-to-Face Counselling and Tele-counselling ● Continuous evaluation through assignments ● Provision of terminal examination two times a year ● Interactive Satellite Aided Communication Network (Teleconferencing). ● Interactive Radio Counselling 1.1 The Schools of Studies With a view to developing interdisciplinary studies, the University operates through Schools of Studies. Each School is headed by a Director who arranges to plan, supervise, develop and organise its academic programmes and courses in co-ordination with the School staff and the different academic, administrative and service wings of the University. The emphasis is on providing a wide choice of courses at different levels through various programmes. Currently IGNOU has following schools of studies: School of Humanities (SOH) School of Journalism and New Media Studies (SOJNMS) School of Social Sciences (SOSS) School of Gender and Development Studies (SOGDS) School of Sciences (SOS) School of Tourism and Hospitality Services Sectoral School of Education (SOE) Management (SOTHSSM) School of Continuing Education (SOCE) School of Interdisciplinary and Trans-disciplinary Studies (SOITS) School of Engineering & Technology (SOET) School of Social Work (SOSW) School of Management Studies (SOMS) School of Vocational Education and Training (SOVET) School of Health Sciences (SOHS) School of Extension and Development Studies (SOEDS) School of Computer & Information Sciences (SOCIS) School of Foreign Languages (SOFL) School of Agriculture (SOA) School of Translation Studies and Training (SOTST) School of Law (SOL) School of Performing and Visual Arts (SOPVA) A-1 1.2 Academic Programmes The University offers programmes leading to Certificate, Diploma or Degree, covering conventional as well as innovative programmes. Most of these programmes have been developed after an initial survey of the demand for such studies. They are launched with a view to fulfil the student’s needs for: ● certification ● improvement of skills ● acquisition of professional qualifications ● continuing education and professional development at work place ● self-enrichment ● diversification of knowledge, etc. The University follows multi-media approach in imparting instruction to its learners. It comprises of: ● Self-instructional printed course material packages ● Assignments for assessment and feedback ● Supporting audio-video programmes ● Face-to-face interaction with academic counsellors at Study Centres or at work centres depending on programme requirement ● Practicals at designated institutions ● Project Work in some programmes ● Work-related field projectlFunctional assignments as per programme requirements ● Telecast of video programmes on the National Network of Doordarshan (DD-I) ● Broadcast of audio programmes by All India Radio (selected stations) ● Interactive Satellite Aided Communication Network (Teleconferencing) ● Interactive Radio Counselling 1.3 Course Materials Learning materials are prepared for the courses by teams of experts drawn from conventional universities, professionals from all over the country and in-house faculty. These materials are edited by the content experts and language experts at IGNOU before they are finally sent to the press. Similarly, audio and video programmes are produced in consultation with the course writers, in-house faculty and producers. These materials are previewed and reviewed by the faculty as well as outside experts and edited or modified wherever necessary before they are despatched to the Study Centres and Doordarshan. Printed material is supplied directly to the students at the addresses supplied by them and their cost is covered in the programme fee. Audio/Video programmes are made available at the Study Centres where Audio/Video playing equipment is also available. Audio/Video programmes of the University are also broadcast as per a prearranged schedule. Print materials and audio/video tapes are available for a price. Interested persons/institutions may request for a catalogue from The Registrar (MPDD), IGNOU, Maidan Garhi, New Delhi - 110068. 1.4 Credit System The University follows the ‘Credit System’ for most of its programmes. Each credit amounts to 30 hours of study comprising all learning activities. Thus, a 4 credit course involves 120 hours. This helps the student to understand the academic effort one has to put in, in order to successfully complete a course. Completion of an academic programme (Degree, Diploma or Certificate) requires successful clearing of both, the assignments and the term-end examination of each course in a programme. A-2 2. BACHELOR OF COMMERCE WITH MAJOR IN CORPORATE AFFAIRS AND ADMINISTRATION [B.Com (CA & A)] Bachelor of Commerce with Major in Corporate Affairs and Administration is designed and developed in collaboration with the Institute of Company Secretaries of India, exclusively for the Company Secretaryship students. The main objective of this programme is to develop skills and competencies of the students in the field of Corporate Affairs and Administration. The students can simultaneously study B.Com with Major in Corporate Affairs and Administration with company secretaryship foundation programme offered by ICSI. This programme comprises of 104 credits, out of which 24 credits are from IGNOU and 80 credits are part of foundation and executive programme. Once a student passes Company Secretaryship Foundation and Executive Programme automatic credit transfer is given in this B.Com programme for all those students. This scheme facilitates the students to obtain dual degree simultaneously. 2.1 Programme Structure This programme comprises of 4 courses of BDP programme of IGNOU, 4 courses of Foundation Programme and 6 courses of Executive Programme of Company Secretaryship. Sl. No. Course Code Course Title Credits Status Part A: Course offered by IGNOU to be studied by all the students: 1. FHS-0l Foundation Course in Humanities 8 Credits Compulsory and Social Sciences 2. AED-0l Export Procedures and Documentation 4 Credits Compulsory 3. ECO-12 Elements of Auditing 4 Credits Compulsory 4. BEGE-103 Communication Skills in English 8 Credits Compulsory OR BEGE-104 English for Business Communication 8 Credits Compulsory Part B: Courses which are part of Company Secretaryship Foundation Programme. Students get credit transfer in this B.Com. programme. 5. BCO-031 English and Business Communication 8 Credits Credit transfer on completion 6. BCO-032 Economics and Statistics 8 Credits Credit transfer on completion 7. BCO-033 Financial Accounting 8 Credits Credit transfer on completion 8. BCO-034 Elements of Business Laws and Management 8 Credits Credit transfer on completion Part C: Courses, which are part of Company Secretaryship Executive Programme. Students get credit transfer in this B.Com. programme. 9. BCO-035 General and Commercial Laws 8 Credits Credit transfer on completion 10. BCO-036 Company Accounts, Cost and Management Accounting 8 Credits Credit transfer on completion 11. BCO-037 Tax Laws 8 Credits Credit transfer on completion 12. BCO-038 Company Law 8 Credits Credit transfer on completion 13. BCO-039 Economic and Labour Laws 8 Credits Credit transfer on completion 14. BCO-040 Securities Laws and Compliances 8 Credits Credit transfer on completion 2.2 Eligibility for Admission Candidates with following qualifications are eligible for admission. a) 10 +2 or its equivalence; and b) Registration in Company Secretaryship Foundation Programme. A-3
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