UNIVERSITY OF DELHI

SOUTH CAMPUS

PROSPECTUS - 2012

MBE
Master of
Business Economics

MFC
Master of
Finance and Control

Joint Admission 2012

UNIVERSITY OF DELHI SOUTH CAMPUS Vice-Chancellor Pro-Vice-Chancellor Dean of Colleges Director, South Campus Registrar Proctor Dean, Students Welfare Head, Department of Financial Studies Head, Department of Business Economics : Prof. Dinesh Singh : Prof. Vivek Suneja : Prof. S. Pachauri : Prof. Umesh Rai : Shri R.K. Sinha : Prof. H.P. Singh : Prof. J.M Khurana : Prof. I.M. Pandey : Prof. Vijay Kumar Kaul

Schedule for Admissions Last date for receipt of applications Date of CAT Admission Test Online Applications Form Sales Number of Seats 12/12/2011 (upto 5.00 p.m.) 22/10/2011 to 18/11/2011 19/9/2011 to 12/12/2011 24/10/2011 to 12/12/2011 MFC : 46 ; MBE : 82

Contact Details For MBE Telefax For MFC Tel Fax

: 011-24111141 : 011-24118854 : 011-24116570

Joint Admission 2012-13 ii

Department of Business Economics

MESSAGE FROM THE HEAD OF DEPARTMENT

The global business environment is changing very fast. The slowing down of US and European economies, downgrading of their credit worthiness, and growing importance of emerging countries like India and China highlight the new emerging global order. All these have implications for the corporate sector and decision makers. The corporate sector needs people and managers who could sense change early, analyse its implications for the organization and act swiftly with long term purpose in mind. Decision making, today, involves a clear understanding of the business cycles, government policies, international events, competitors and consumer that have a major bearing on all companies. This requires strong understanding of the fundamental principles of the Business and Economics. A strong foundation in Qualitative and quantitative analysis techniques are imperative for decision making today. The Masters of Business Economics (MBE) programme offered by the Department provides this opportunity and equips the students with all the requisite skills to be successful in corporate world. MBE students with varied backgrounds such as engineering, commerce, economics, and sciences are selected through a rigorous process (CAT), group discussion, and interview, conducted on an All-India basis. Each batch of MBE students comprise of fresh graduates as well as students with prior work experience. This judicious fusion of students with eclectic backgrounds helps the students learn from each other and grow together as a group. Over the past 38 years, the updated and relevant curriculum has helped the energetic and visionary youth of MBE to carve a niche for themselves as business analysts, financial planners, economic consultants, management consultants, financial advisors, economic journalists, marketing managers, lecturers, and academicians. As the Head of this institution, it is my privilege to invite you to be associated with our Department. Joint Admission 2012-13

Prof. Vijay Kumar Kaul Head, Department of Business Economics

Master of Business Economics

The highly qualified and experienced faculty, provide an excellent learning experience to students of MBE, imparting quality education and helping them forge vital linkages with industry. The teaching programme in MBE also draws on the expertise of a dedicated team of Associate Faculty comprising eminent academicians, corporate leaders and enthusiastic, young research scholars from Delhi University and Research Institutes of repute. Other than MBE, which is the Departments flagship course, it also administers the Bachelors (B.A.(Hons) Business Economics), M.Phil and Ph.D. programmes in this discipline.

THE FACULTY
Prof. Vijay Kumar Kaul M.Com., M.Phil., Ph.D. (Delhi School of Economics), Head of the Department Research Interests: Strategic Management, Strategic Marketing, Small Enterprises and clusters; Knowledge-based firms; International Business and Marketing Strategies. Prof. Rashmi Agrawal M.B.E., Ph.D. (IIT, Delhi) Research Interests: Environmental Economics and Labour Economics. Prof. Suresh Chand Aggarwal M.A. LLB. Ph.D (Delhi University) Research Interest: Labour Economics, Industrial Economics, Development Economics and Applied Econometrics. Prof. Surender Kumar M.A., M. Phil. Ph. D. (CESP, JNU), Post Doc. (UIUC, USA) Research Interests: Environmental and Resource Economics, Energy Economics, Economics of Climate Change, Applied Econometrics, Efficiency and Productivity Analysis Dr. Deepa Saran M.A., Ph.D., Post Doc. (U.K.) Research Interests: International Trade, Foreign Investment and Economic Development; Macroeconomic modeling and Forecasting; Regional Economic Co-operation and Globalization. Dr. Aradhna Aggarwal M.A., M.Phil., Ph.D. (Delhi School of Economics) Research Interests: International Trade and WTO related issues (SEZs, antidumping and market access); FDI; Technology Transfer and Innovation Systems; Globalisation. Dr. Yamini Gupt M.B.E., M.A., Ph.D. (Clark, USA) Research Interests: Spatial Economics and issues of Industrial Pollution and Land Use Change; Economic Activity in Formal and Informal Sectors in Solid Waste Management; Higher Education Dr. Ananya G. Dastidar M.A., M.Phil., Ph.D. (CESP, J.N.U.) Research Interests: International Economics; Development Economics, especially issues of Poverty and Income Inequality in Developing countries.

THE ASSOCIATE FACULTY

Prof. L. Prasad (Former Professor, Dept of Business Economics) Prof. P.N. Varshney (Former Professor, Dept of Business Economics) Mr. Krishna Kumar (Faculty, Dept. of Economics, Sri Venkateswara College) Mr. Pankaj Varshney (Faculty, Apeejay School of Management) Mr. J. K. Bareja (Faculty, Dept. of Commerce, Shyam Lal College, University of Delhi) Dr. Q. Asif Zameer (Faculty, FORE School of Management) Dr. S.K. Pandey (Faculty, FORE School of Management) Dr. Yogieta Mehra (Faculty, Deen Dayal Upadhyay College, University of Delhi) Mr. Lalit Kumar (Assistant Professor, Bhim Rao Ambedkar College, University of Delhi) Mr. Shailendra Kumar (Deputy Secretary Deptt. of Personnel & Training Ministry) Mr. V.K. Mehta (IES (Retd.), Ex-Director, Planning Commission, Independant Management Consultant) Mr. S.K. Sinha (Business Consultant, Via Edge Technologies)

Joint Admission 2012-13 2

CURRICULUM
THE MBE PROGRAMME
The course curriculum at MBE has been revised and the new Course has been offered from 2010. The new course combines a sound conceptual grounding in basic Economics, Finance and Marketing, with intensive training in quantitative techniques like Statistics and Econometrics.

MBE STRENGTHS
A unique feature of the course is that it allows students the option of dual specialization; for instance, students may choose to specialize in Quantitative Techniques and Finance or they may prefer Finance and Marketing, or something different, Quantitative Techniques and Environmental Economics. A wide choice of Specialization Papers are routinely on offer.

COURSE OUTLINE
The First two Semesters consist of Compulsory courses, geared to provide a solid foundation in Basic Concepts and Analytical Tools. Optional papers are placed in the Third Semester, allowing students to specialize in subjects of their choice, before the Placement Process begins. In the Final Semester students are required to submit a Research Project based on independent research work, carried out under the guidance of Department Faculty, which puts to the test the analytical skills they have acquired through the entire duration of the course.

PART - I
The schedule of MBE Part I will be composed of two semesters, viz. Semester I and Semester II. The schedule of papers prescribed for MBE Part I examination shall be as follows: Semester-I 101 102 103 104 105 106 Micro Economics Analysis Applied Business Statistics Principals of Business Finance and Accounting Organisational Behaviour and Development Project Appraisal and Impact Analysis Legal Environment and Business Semester-II 201 202 203 204 205 206 Macroeconomic Analysis and Policy Industrial Economics Marketing Management International Trade and Business Economics of Natural Resources And Environment Fundamentals of Econometrics

PART - II MBE Part II course would be composed of two semesters i.e. Semester III and Semester IV. The schedule of papers prescribed for MBE Part II examination shall be as follows: Semester-III 301 302 Financial Market and Intermediaries Economics of Services Semester-IV 401 402 403 404 405 406 Strategic Management India in the Contemporary World Economy Sustainable Development and Business / Inter-Disciplinary Course World Trading System Global Finance Research Projects Joint Admission 2012-13

Specialization Students can choose to specialize in any two of the optional groups given below, by taking any two of three papers from each group.

SPECIALIZATION SUBJECTS
QUANTITATIVE TECHNIQUES IN BUSINESS
Advanced Econometrics Time Series and Business Forecasting Game Theory and Application

ECONOMICS OF INFRASTRUCTURE AND REGULATION

Urban Transportation Economics Infrastructure Economics Energy Economics

MARKETING AND DISTRIBUTION

Marketing Research Strategic Marketing Management International Marketing

AGRICULTURE ECONOMICS

AND

RESOURCE

Agriculture Markets Agriculture Economics EcoSystem Services and Ecological Economics

BUSINESS FINANCE
Financial Derivatives and Risk Management Investment and Portfolio Management Applied Corporate Finance

HUMAN RESOURCE MANAGEMENT

Labour Economics and Industrial Relations Managing Change and Organisations Strategic Human Resource Management

Joint Admission 2012-13 4

EVALUATION
English shall be the medium of instruction and examination. The system of evaluation shall be as follows: (i) Each paper shall carry 100 marks. 30% marks shall be reserved for internal assessment based on class room participation, seminar, term papers, test, viva-voce and attendance. The weightage given to each of these factors shall be decided and announced at the beginning of the semester The remaining 70 marks in each paper shall be awarded on the basis of written examination of three hours duration at the end of each semester. Project work shall begin from the third semester of 2nd year and shall be evaluated for 100 marks at the end of fourth semester. The minimum marks for passing the examination of each paper in each semester shall be 40% and 45% in the aggregate of the semester. If a student fails or fails to appear in any of the papers in MBE 1st semester of the 1st year of the university examination, he/she will be allowed to take examination in that paper/s along with the first semester in the next academic year examination Admission to 2nd year of MBE course shall be open to those who have cleared successfully at least 9 papers out of 12 papers offered in the MBE 1st year course comprising I & II semesters. However, he/ she will have to clear the remaining papers while studying in MBE 2nd year.

(ii) (iii) (iv) (v)

(vi)

(vii) If a student fails or fails to appear in any of the papers in third semester of 2nd year of university examination, he/she will be allowed to take the examination in the subjects along with examination in the subjects of IV semester of 2nd year examination. (viii) If a student fails in any one of papers of the 4th semester other than Research Project Study, he/she can take the examination in the said paper along with subsequent examinations of I/II semester provided he/she has cleared all papers of earlier semesters. (ix) Successful candidates will be classified on the basis of the combined results of 1st year and 2nd year examinations as follows: Candidates Securing 60% & above Candidates Securing 50% but less than 60% (x) I Division II Division

The conditions of passing the course shall not be deemed to have been satisfied unless a students undergoes practical training under the supervision of the Department in approved organization for maximum of two months. Joint Admission 2012-13 No candidate shall be considered to have pursued the course of study unless he is certified by the Department to have attended at least 75% of the total number of lecturers, tutorials, and seminars conducted in each semester during the course of study.

(xi)

(xii) (a) A candidate must qualify for the award of the Degree within four years of his/her first admission to the course. (b) Candidates who fail or failed to appear at the MBE examination may be allowed to reappear at the examination on being enrolled as an ex student as per rules of the University.

WORKSHOPS, SEMINARS AND OTHER ACTIVITIES

The Department hosts various Events round the year, to strengthen ties with the corporate world and foster organizing skills and professionalism amongst students.

ANNUAL CONVENTION
The highlight of the Department calendar, the theme based Annual Convention, provides a valuable platform for interaction between industry and academia. The Department conducted its XXXVIII Annual Convention on the theme India Inc. and the 3Gs : Growth, Governance and Graft, on 22nd September, 2011 at Hotel Le Meridien, New Delhi. The occasion marked the publication of the Departments Annual Magazine, The Business Economist. A print edition of Eclat, The Economic Vista was also formally launched. Dr. Kiran Bedi (Retd. IPS Officer and eminent Social Activist), Prof. Dinesh Singh (Vice-Chancellor, Delhi University), Mr. Ramnath Pradeep (CMD, Corporation Bank), Mr. Navin M. Raheja (CMD, Raheja Developers and MBE Alumnus) and a host of other eminent speakers addressed students on this occasion.

GENESIS
The Inaugural of the Business Economics Association (BEA) marks the opening of the new session at MBE.

WEEKLY SEMINAR
Seminars by eminent academicians and corporate leaders are a regular feature at the Department, geared to enrich thinking and expose students to ever-new horizons. Other regular Department events include, Finomena, an expert series on topical Financial Issues, Markquest, the regular Marketing Seminar Series and Business Intelligent Meet, a workshop series on Business Analytics.

INDUSTRY TOUR
An important annual activity, the industry tour provides students with highly beneficial insights into the industry and functioning of plants and manufacturing processes.

REMINISCENCE
Joint Admission 2012-13 A vital annual event, Reminiscence, the Alumni Meet, brings together the Department Alumni, former and current Faculty, presenting an opportunity to turn back the wheels of time for one fun-filled evening.

PLACEMENTS
The Placement Process at MBE has two broad phases. On completion of the Second semester, students are placed with reputed corporate institutions for two months of compulsory Summer Internships and Final Placements take place at the end of the Third Semester. Over the past few years, placements at MBE have scaled newer heights and students have been absorbed in diverse areas like Economic Research, Analytics and Business Modeling, Equity Research, Credit Risk and Foreign Exchange Management, Corporate Finance, Market Research, Brand Management, Channel Sales and International Marketing. PLACEMENT HIGHLIGHTS Average Package Offered: 7.5 lacs p.a. Highest Package Offered: 10.6 lacs p.a.

OUR CORPORATE ASSOCIATIONS INCLUDE :

Apex Organisations ASSOCHAM CII FICCI PHD Chamber of Commerce and Industry RBI SEBI

CONSUMER GOODS, RETAIL & MANUFACTURING

Cargill India Coca Cola Dabur Electrolux Hindustan Unilever ITC LG Maruti Udyog Nestle Pepsico. Proctor & Gamble Trident Virgin Mobile Wipro Infotech Wockhardt

MARKET RESEARCH
AC Nielsen Hansa Research IMRB International Market Xcel MDRA Research International TNS Mode

BANKING, FINANCIAL SERVICES AND INSURANCE

Axis Bank Deutsche Bank Edelweiss Capital HDFC Bank HDFC Standard Life Insurance HSBC Bank ICICI Bank ICICI Prudential Life Insurance JP Morgan Chase Kotak Mahindra Bank National Housing Bank Standard Chartered Bank World Bank

MEDIA & ADVERTISING

Business World CNBC India Today JWT Lintas Mudra O&M Redifussion DY&R

ENERGY & UTILITIES

GAIL HPCL IOC ONGC Reliance Industries IT / ITES Bharti Teletech Genpact Hewlett Packard IBM Microsoft Sapient WNS

RESEARCH & ANALYTICS

Adventity Copal Partners Cognizant Market Rx Dunnhumby Evalueserve Grail Research HP Analytics EXL Service McKinsey Knowledge Centre Pipal Research RocSearch Smart Analyst TERI

CONSULTING & OTHER SERVICES

ABC Consultants Accenture AT Kearney CRISIL Debenham Tie Leung (DTZ) ICRA KPMG PriceWaterhouseCoopers Synovate Business Consulting

Joint Admission 2012-13 7

Department of Financial Studies

MESSAGE FROM THE HEAD OF DEPARTMENT

When the Master of Finance and Control program was launched by the Department of Financial Studies (DFS) 24 years back, it was a move of treading in an unfamiliar territory in the Indian educational scenario. Based on the lines of MSc or MS (Finance) offered internationally, it was one of its kind in the country, a highly specialized course in Finance, designed and developed to cater to the needs of the fast growing Indian financial sector. Over a quarter century since its inception, DFS has evolved into an institution that is known for the quality of students and faculty and its teaching and research. The rigorous selection process, on all-India basis, ensures that only the best minds qualify. The class profile is at par with leading national and international B- schools on all parameters. The faculty, staff, students and alumni work together to create an evolving environment that is rooted in the pragmatism of business reality. At DFS, you will find a program that blends academic rigor with the practical realities of the world of finance. It prepares for careers that require skills in quantitative and qualitative analyses and communication. The multiple learning methods that include internship program, case studies, simulations and projects, allow students to simulate the real-world contexts and to prepare for future employment. Our alumni are professionals with highend technological skills who are working in diverse finance functions, work cultures and academic disciplines. Conferences, seminars and workshops are a regular feature at the campus providing a forum for presenting research work and discussing important issues of national and global interests. These events provide a unique blend of academics and corporatism ensuring that the curriculum is both contemporary and relevant to the industrys needs. This has helped our students develop a thorough understanding of emerging economies and the global work place. The University have plans to merge the Department of Financial Studies and the Department of Business Economics into one single Department of Finance and Business Economics. The efforts of fostering a meaningful synergy with the Department of Business Economics at South Campus of the University of Delhi will add more value to the academic rigour of the MFC and MBE programmes. This may also pave for restructuring and consolidation the curricula of the two courses for adding more value from the perspectives of the students. The new batch of the MFC and the MBE students should be prepared for the changes in the structures of the courses, if any.

Joint Admission 2012-13

Prof. I.M. Pandey Head, Department of Financial Studies.

MASTER OF FINANCE AND CONTROL

The pioneering Two-year (full-time) Master of Finance and Control (MFC) Programme was launched by the University of Delhi in the year 1987-88 when a group of visionaries at the South Campus foresaw challenges that the winds of liberalization would throw up and envisioned the need for trained and specialised finance professionals. The MFC programme emerged as a highly successful professional programme in terms of students response and industry acceptance considering the quality of placement of its students over the years. The transformation from the controlled and regulated economy to the liberalized and globalised one since the early 1990s brought about a sea change in the Indian financial environment implying both challenges and opportunities for finance academics as well as professionals. In recognition of the emerging challenge and as its response to reorient the MFC programme to the unfolding opportunities, the University of Delhi, established the Department of Financial Studies in 1994. The Department, which is the first of its kind in India, provides the necessary infrastructural umbrella for servicing the MFC programme in tune with the requirements of the emerging liberalised and globalised financial sector of the country.

THE FACULTY
Prof. I.M. Pandey Ph.D. (University of Delhi) Head of Department Research Interests: Corporate Finance and Strategy, Emerging Capital Markets; International Finance, Management Control System Prof. Muneesh Kumar M.Phil, Ph.D. (University of Delhi) Research Interests: e-business & e-governance and Risk Management in Banks Prof. V. K. Vasal M.Phil, Ph.D. (University of Delhi) Research Interests: Corporate Reporting, Financial Analysis, International Accounting Prof. Sanjay Sehgal Ph.D. (University of Delhi) Post Doc (London School of Economics, U.K.) Research Interests: Investment Analysis, Portfolio Management and Financial Econometrics. Prof. C. P. Gupta M.Phil. (University of Delhi), Ph.D. (University of Delhi), PG Dip. O. R. Research Interests: Investment Decisions, Investment & Portfolio Management, Quantitative Finance, Fuzzy Decision Making and Financial Modeling Dr. Nidhi Jain M.Phil., Ph.D. (University of Delhi) Research Interests: Services Marketing, Business & Corporate Laws and Management Accounting. Dr. Amitabh Gupta M.Com, M.F.C., M.Phil, Ph.D. (University of Delhi) Research Interests: Corporate Finance, Capital Markets, Financial Economics, Mutual Funds Joint Admission 2012-13 9

THE ASSOCIATE FACULTY

Mr. Gaurav Sharma Associate Vice President, Capital Markets, Jones Lang Lasalle Meghraj Mr. Mukesh Jindal Consulting Partner Alpha Capital Dr. Preeti Singh Associate Professor Jesus & Mary college University of Delhi Mr. S.K. Sinha Business Consultant Via Edge Dr. Ravi Gupta, Associate Professor Shri Ram College of Commerce, University of Delhi. Dr. Amit Bagga Practicing Chartered Accountant Mr. Mridul Upreti Jt. Managing Director, Capital Markets, Jones Lang Lasalle Meghraj Mr. Ramesh Bhatt Executive Chairman Wone Management System Former faculty IIM Ahmedabad Dr. A. N. Gupta, Associate Professor Shyamlal College, University of Delhi. Dr. R. J. Masilamani Former MD, Timex Watches Dr. Ramji Narayan, Associate Professor P.G.D.A.V. College (Eve.), University of Delhi. Dr. Nisha Kohli Practising Chartered Accountant Ms. Radhika Kapoor Former Assistant Manager, ICICI Bank Ltd Dr. S.C. Malhotra Associate Professor, Department of Commerce, Shri Ram College of Commerce, University of Delhi Dr. G. S. Sood Associate Professor SGND Khalsa College, University of Delhi Mr. Gopala Krishnan Ex. Chief Manager, Indian Overseas Bank. Mr. Kumar Bijoy Assistant Professor S. S. College of Business Studies University of Delhi Mr. Shashank Narayan Associate Vice President, Capital Markets, Jones Lang Lasalle Meghraj Dr. Girish Ahuja, Associate Professor Shri Ram College of Commerce, University of Delhi. Mr. Naveen Mittal Assistant Professor Shri Ram College of Commerce Dr. R.S. Sharma Former Faculty, Department of Financial Studies, University of Delhi

GUEST LECTURES
Mr. Raghupathi Karanamu Associate Director, UBS Mr. Sunil Thakur Senior Vice President, Investment Banking, Religare Capital Markets Mr. Anshul Jain CEO, DTZ India Mr.Akhilesh Awasthy Vice President- Marketing, Indian Energy Exchange Joint Admission 2012-13 Mr. Athar Shahab Deputy MD, IDFC Projects Ltd. Mr. Sameer Bimal Country Head, Private Banking, ING Vysya Bank Ltd. Mr. Rahul Chadha Head, Mirae Asset Investments, Hongkong Ms. Swati Agarwal Regional Head-North, CARE Mr. Ajay Tyagi Fund Manager, UTI Asset Management Company Mr. Ashwani Mehra EVP & Head, SBI Capital Market Ltd. Mr. Awdhesh Nagar Director, Standard Chartered Bank Mr.Kuljit Singh Partner & Head-Transaction Advisory Services, Infrastructure, Real Estate and Government, Ernst & Young Pvt Ltd. Mr. Deepak Mahurkar Associate Director, Oil & Gas Industry Practice, PWC Mr. Nipun Sahani Managing Director, DSP Merrill Lynch Capital Ltd. Mr. Awdhesh Nagar Director, Standard Chartered Bank Mr. Rajat Chatterjee Director, Corporate Banking, Barclays Bank

10

THE MFC PROGRAMME

The main objective of the programme is to equip students with the requisite knowledge, skills and capabilities in financial planning, decision-making and control. Specifically, the course is aimed at: Familiarizing students with the financial and regulatory environment impinging upon financial decision making; Acquainting with the basic analytical tools and techniques of financial decision making; Providing an insight into the nature of accounting information and the techniques to use such information for financial planning and control; Developing an understanding of the conceptual framework for security analysis and portfolio management and their applications; Developing a basic understanding of issues involved in equity research and risk management; Imparting necessary skills for planning, appraisal and review of projects; Familiarizing with the issues involved in managing global financial services management and marketing thereof; Applying the methods and procedures of financial planning and decision making in different areas.

CAREER PROSPECTS
The MFC Programme opens a gateway to excellent career opportunities in Investment Banking, Equity Research, Wealth Management, Corporate Treasuries, Core Banking and Insurance, Real Estate and Commodity Markets, Business and Financial Counselling, Corporate Finance and other emerging areas in the financial sector.

COURSE OUTLINE
The MFC course is highly specialized programme offering a range of courses in finance. The MFC course curriculum is revised and updated regularly on the basis of extensive consultations with eminent academicians, leading practitioners in the industry as well as MFC alumni working at senior levels in the industry. The present Master of Finance and Control (MFC) course is in two parts i.e. Part-I and Part-II and each is having two semesters.

MFC STRENGTHS
The revised MFC curriculum redefines the paradigm of finance education in the country. It has established a new trend in the education of finance trend of Analytical and Quantitative Finance. It builds on its strength of in-depth knowledge, applied problem solving, global experience, cross-functional integration and innovative spirit. The Programme has several new courses covering key issues in emerging areas of finance such as derivatives & risk management, treasury management, mutual fund management, real estate investment management, etc.

Joint Admission 2012-13 11

PART - I
Part-I has two semesters, viz. Semester I and Semester II. The schedule of papers prescribed for Part-I is as follows: Semester-I 101 102 103 104 105 106 107 Managerial Economics Business & Corporate Laws Financial Accounting Business Statistics and Mathematics Information Technology for Managers Indian Financial System Financial Management 207 Semester-II 201 202 203 204 205 206 Macro Economic Analysis and Policy Management Accounting Financial Reporting and Analysis Quantitative Techniques MIS and e-Finance Investment Analysis Interdisciplinary Course An Elective Outside the Department

PART - II
Part-II has two semesters, viz. Semester III and Semester IV. The schedule of papers prescribed for Part-II is as follows: Semester-III 301 302 303 304 305 306 307 Financial Services International Finance International Accounting Portfolio Management Strategic Financial Management Financial Derivatives & Risk Management Management of Bank Funds Semester-IV 401 402 403 404 405 406 407 Joint Admission 2012-13 408 409 410 411 412 Financial Econometrics and Equity Research Project Study Insurance Management Mutual Fund and Pension Funds Management Real Estate Investment Management Commodities Market Fixed Income Securities and Treasury Management Infrastructure Finance Tax Planning and Management Project Planning, Appraisal & Control Services Marketing Interdisciplinary Course An Elective Outside the Department

Optionals (Any Two from 403-411)

12

TEACHING AND EVALUATION

PEDAGOGY
The teaching methodology to service the course consists of lectures, case discussions, seminars, business games, role-plays, presentations and field visits, etc. The Department maintains a close contact with the industry by inviting professionals to give seminars to the students. This interaction is further strengthened by constant advice from the MFC Advisory Board comprising eminent professionals both from the public and the private sector.

EVALUATION
English shall be the medium of instructions and examinations. The system of evaluation shall be as follows: 1. Each paper shall carry 100 marks of which 30 marks shall be reserved for internal assessment based on class room participation, seminar, term papers, `tests, viva-voce and attendance. The weightage given to each of these factors shall be decided and announced at the beginning of the semester by the Faculty concerned. The remaining 70 marks in each paper shall be awarded on the basis of a written examination of three hours duration at the end of each semester. The scheme of evaluation for the project study shall be as follows: (a) Project work shall begin from the third semester of Part II and shall be evaluated for 70 marks at the end of fourth semester. There shall be a viva-voce examination at the end of Part II and shall be evaluated on the basis of 30 marks. 9. 10. Successful candidates shall be awarded divisions as per University Rules. The conditions of passing the course shall not be deemed to have been satisfied unless a student undergoes practical training under the supervision of the Department in approved organisation for at least two months after Part-I examinations. No candidate shall be considered to have pursued a regular course of study unless he is certified by the Department to have attended atleast three-fourths of the total number of lectures, tutorials, and seminars conducted in each semester during the course of study. Provided that he/she fulfils other conditions, the Department may permit a student to proceed to the next semester who falls short of the required percentage of attendance by not more than 10% of sessions conducted during the whole of the first/third semester of the course but a student so permitted shall not be deemed to have completed a regular course of study in the next succeeding semester unless he makes up the shortage so condoned. (a) A candidate must qualify for the award of the Degree within four years of his/her first admission to the course. Candidates who fail or failed to appear at the MFC examination may be allowed to reappear at the examination on being enrolled as an ex-student as per rules of the University Candidates who have already received the minimum pass marks in the Project Study Report at the University examination shall not be allowed to reappear in the examination. Submission of Project Study Report for evaluation in the current academic year will be allowed upto 31st March, failing which the Project Report will be accepted only in the subsequent year(s) between March 16-31. The Department shall evolve a mechanism to strengthen the conduct and evaluation of Project Study paper. No revaluation of answerbooks is permitted according to the rules of the University applicable to professional courses.

2.

11.

3.

(b)

4.

The minimum marks for passing the examination of each semester shall be 40% in each paper and 45% in the aggregate of the semester. If a student fails or fails to appear in any of the papers in MFC 1st semester Part I of the University examination, he/she will be allowed to take examination in that paper/papers along with second semester examination of Part I. Admission to Part II MFC Course shall be open to those who have cleared successfully at least 12 papers out of the papers offered for the MFC I year course comprising I & II Semesters taken together. However, he/she would have to clear the remaining papers while studying in MFC Part II-second year. If a student fails or fails to appear in any of the papers in third semester of Part II of University Examination, he/she will be allowed to take the examination in the subjects along with examination in the subjects of fourth semester of Part II examination. If a student fails in any one of papers of the fourth semester other than Project Study, he/ she can take the examination in the said paper along with the subsequent examinations of I/ III Semester provided he/she has cleared all papers of earlier semesters. 12.

5.

(b)

6.

(c)

7.

(d)

Joint Admission 2012-13

8.

(e)

13

INTERNATIONAL RELATIONS PROGRAMME

Trade Liberalization and Integration of Financial Markets has blurred geographical boundaries and the global outlook of the finance industry; and it calls for finance professionals who display competence in the international scenario. The Department of Financial Studies is fully aware of it and has taken initiatives to sign MOUs with international business school partners for students exchange, faculty exchange and joint research. This will help the students in developing a global perspective and enhance their cross-cultural sensitivity. At present our strategic partners are: ESC Pau, France INT Paris, France Reims Management School, France Akron University, USA

SUMMER TRAINING
As part of the course requirement, at the end of first year each student is required to undertake personal training for a period of two months in approved organisations.

PLACEMENT
MFC students of all the previous batches have got excellent placements. The quality and range of career opportunities available to the students are reflected in their managerial compensations and the companies where they have been absorbed. In the Placement process of MFC 2011 batch, industry heavy weights like Nomura, Citibank, CB Richard Ellis, Jones Lang LaSalle, DTZ, American Express, Kotak Mahindra Bank, Deutsche Bank, Bank of India, CARE Ratings, ICRA, Ernst & Young, DE Shaw, Darashaw, Client Associates, Pulsar Knowledge Center, Tulip Telecom, Hewlett Packard, Infosys, Irevna, Cognizant, Yes Bank, Assetz, and many more recruited from the batch of 40 students. The profiles offered on campus ranged from Investment Banking, Credit Rating, Corporate Banking, Real Estate Consulting, Equity Research, Wealth Management to Corporate

14

Joint Admission 2012-13

Finance. A total of 52 offers were given to 40 final year students opting for the placements. The average package was a Rs. 9.08 lacs per annum, while the highest package mounted to Rs. 13 lacs

per annum. This shows that MFC program is driven by high standards of excellence and every student epitomizes the philosophy of Vision, Innovation and Excellence to perform and shine.

LEADING COMPANIES WHICH HAVE PARTICIPATED IN FINAL PLACEMENTS

Aegon Religare Assetz Axis Bank Bank of Baroda Bank of India Bharat Forge BNP Paribas Care Ratings CB Richard Ellis Citi Financial Client Associates Darashaw DBS Cholamandalam Destimoney DE Shaw Deutsche Bank Operations India DTZ Ernst &Young Future Capital HP Analytics HSBC Bank HSBC GBM ICICI Bank ICRA IFCI IIFCL IL&FS Indian Oil Corporation Infraline ISGEC Jones Lang LaSalle Kotak Bank MCX Morgan Stanley Advantage Services Nestle India Nomura Holdings PEC PFC Power Trading Corporation Price Waterhouse Coopers Pulsar Knowledge Centre SBI Capital Markets SEBI Taurus Mutual Fund TERI TFS Business Advisors UBS Unitech Vistazo Joint Admission 2012-13 15

WORKSHOPS, SEMINARS AND OTHER ACTIVITIES

In addition to teaching of courses as per the course curriculum, a number of activities are carried out in the Department. The following are the highlights of some of such activities carried out last year.

1. ANNUAL CONVENTION
Convention is the flagship event of the Department. Ever since its conception 24 years back, it has provided a forum to the students for extensive discussion among luminaries from the industry and academicians on contemporary financial issues. This interaction helps in strengthening the bond between AFCON, the student body of MFC and the business community. MFC Conventions have been widely appreciated in industry circles and described as professionally managed and proficiently handheld. The XIV Annual Convention on Indian Financial Sector: Agenda for Reforms was held on the 17th of September 2011 at Shangri La Eros Hotel, Ashok Road, New Delhi. Mr. Ashok Jha, Chairman, MCX Stock Exchange was the Guest of Honour and delivered the keynote address at the Convention. The Presidential address was given by Prof. Dinesh Singh, Vice Chancellor, University Of Delhi. The topics for the panel discussions were: Single v/s Multiple Stock Exchanges. Indian debt market: Getting the wheels moving. Banking Reforms: Charting a new path. Multiple faces of I-banking. Some of the prominent speakers were: Mr. Sanjit Prasad, Director, MCX Stock Exchange Ltd Mr. D.V.S.S.V. Prasad, Managing Director, PNB Gilt Ms. Vibha Batra, Co-Head - Financial Sector Ratings, ICRA Mr. Akshay Chaturvedi, Deputy General Manager, ICICI Bank Mr. Pramod Kumar, Managing Director, Barclays Capital

Mr. Vinod Pande, Sr. VP and Head, SBI Capital Market Ltd

2. ARVNEETI
Arvneeti - The Strategy for Prosperity is an annual event at DFS; it provides an opportunity to experience of exploring the finer nuances of financial strategy which have been in play through the ages. It is the inter college competitive event of the Department where the best minds from B-Schools across the country compete. This year, Arvneeti was organised on 11th March 2011 at South Campus. In conjunction with our support for the environment and the need to use natural resources prudently, we chose green as the theme for Arvneeti this year. The main events included were: Share Scare (The Equity Research Competition), The Dollar Juice (The business quiz event), Travian (The Business Plan) and Trade Czar (The Stock Market Simulation). Arvneeti 11 also saw enthusiastic participation in a slew of informal events such as street play, paint your tee, collage making, hard sell, photography and more. Mr. Vinod Pande (Sr. Vice President and Head Delhi) of SBI Capital was the Chief Guest at Arvneeti-2011.

3.

Joint Admission 2012-13

NATIONAL SEMINAR ON THRUST AND CHALLENGES IN INDIAN FINANCIAL SECTOR

The Department in association with the Indian Accounting Association, Delhi Chapter, and sponsored by Taxmann, organized a national seminar on The Thrust and Challenges in The Indian Financial Sector on Saturday, October 30, 2010 at S. P. Jain Auditorium, South Campus.

16

Prof I. M. Pandey, Dean, Faculty of Business and Commerce and HOD, DFS, formally began the seminar with an enthusiasm for the future which was contagious. He also shared his vision to make the programme of Master of Finance & Control offered by DFS at par with the best in the world. The keynote address was delivered by the Chief Guest, Mr. Rakesh Rewari, Deputy Managing Director, SIDBI. The Vice Chancellor of Delhi University, Prof. Dinesh Singh then captivated the audience by a speech in which he emphasized how Mathematics and Economics are integral to the study of Finance. At the end of the inaugural session, the vote of thanks was delivered by Dr. Avinash Chander, Director, Technical ICAI, President, IAA, Delhi Chapter, Secretary, Accounting Standard Board of India. The technical session had three speakers: Mr. Shashank Ojha, Senior E-governance Specialist & Head, India Programme, World Bank, New Delhi Dr. Ramesh Bhat, Executive Chairman, WOne Management System, Former Professor IIM, Ahmedabad Mr.Naresh Pandey, CFO, Nokia Siemens. Prof. Sanjay Sehgal of DFS moderated the session, highlighting the key points raised by the eminent speakers. A short Q&A session was followed by the vote of thanks, delivered by Mr. Sanjeev Singhal of the Indian Accounting Association, thus ending the technical session. Post lunch, Prof. Malashri Lal, Director, South Campus gave the Valedictory Address. Dr. J. L. Gupta gave the vote of thanks on behalf of the Indian Accounting Association, Delhi Chapter.

The HR Conclave has undoubtedly been a highlight of this academic session and a cornerstone of the Department of Financial Studies philosophy of holistic learning.

5. ALUMNI MEET
As a tree is known by the fruits it bears, so an institution is known by its students. This maxim holds true for the MFC programme. The department is proud to have a group of over 700 alumni based at the best organisations at distinguished positions. The increasing recognition being granted by the financial and corporate sector to the MFC Alumni has helped it to carve a niche for itself over the years. Ever since the first batch passed out in 1989, MFC graduates have seized the opportunities to position themselves as the specialists in different segments of the financial sector. The Alumni Meets play an important role in nurturing the bond between the department and its alumni. Every year, the department organises Alumni meet at three locations: Delhi, Mumbai and Bangalore. The Department feels immense pride to see its alumni always looking out for better opportunities for evolving this institution. To enable a better connectivity with our alumni who are present all over the world, an advisory council has also been formed for greater alumni engagement. Since the course completes its twenty-five years since its incorporation this year, a grand event is set to be organised on 17 December, 2011 where our alumni from all over the world will join in and celebrate with us.

8.

CULTURAL PROGRAMME

4.

HR CONCLAVE

The HR Conclave was organized by the Department of Financial Studies (DFS) on 9 April 2011. The theme for this years conclave titled The Role of HR in Mergers & Acquisitions: Opportunities, Strategies and Pitfalls. The panelists at the Conclave addressed the various aspects that are critical to a successful M&A, often drawing from their rich professional experience to elucidate their opinions. Mr Anil Kumar Chaudhry (VP, HR at NDPL), Mr. Prashant Verma (GM, HR at ICICI bank), Mr. Vinod Behari (Executive Director at REC) and Ms Veena Padmanabhan (GM, HR at WIPRO) were collectively a very memorable panel. Dr Debi Saini (Professor, HR) at MDI, (Gurgaon) moderated the session.

The department organised the 2nd cultural meet Showcasing Indian Culture 2010 on 20th February 2010 as an initiative to bring us closer to our rich culture and as a tribute to the Indian performing art forms- Indian classical music and Indian classical dance. Shri Tantra Narayan Thakur, Chairman & MD, Power Trading Corporation Ltd., was the honourable Chief Guest and Padma Vibhushan Dr. Sonal Mansingh was the key-note speaker. The event owes its success to the brilliant and mesmerising performances by Ms. Yamini Reddy, Kuchipudi dancer, Sarod Maestro Pandit Biswajit Roy Chowdhury and singer Ms.Priyadarshini, and Padmashree Kiran Segal, Odissi Dancer.

Joint Admission 2012-13 17

Facilities
FACILITIES AND RESOURCES FOR BOTH PROGRAMMES
Being a part of a University of international repute, students of MBE and MFC have access to an infrastructure which is among the best in India.

LIBRARY: THE LEARNING CENTRE

The Campus Library is housed in a three storied building and is well-stocked with over 2,00,000 titles and subscribes to over 500 periodicals and research journals. Keeping pace with technological developments, the Library has started automated service operations and has an internet cell to allow free access to World Wide Web to all the students. Students also have access to a longs database of online journals and databases.

INFORMATION TECHNOLOGY
The IT infrastructure in the Department serves the objective of equipping the students with requisite IT skills needed by the dynamic environment. The computing facilities expose students to a wide variety of operating systems and application softwares. The path to information superhighway has already been laid in the Departments by a full-fledged PC lab with Internet access on all the machines. Students also have Wifi access to Internet in the Departments as well as in the hostels.

HOSTEL FACILITIES
Joint Admission 2012-13 Separate hostel facilities for men and women are available to students on the Campus. Students need to apply for hostel accommodation separately to the wardens of these hostels.

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Admission Procedure
MINIMUM ELIGIBILITY REQUIREMENTS

The minimum eligibility requirements for MBE and MFC Programmes are: Graduate (under 10+2+3) in any discipline with at least 50% marks, from the University of Delhi or any other University recognised as equivalent thereto, with Mathematics/Business Mathematics at Class XII level. Students appearing in the final year of Bachelors Degree examination in 2012 can also apply. Note: The selected candidates must submit their final year results of Graduation by September 15, 2012 or a date as will be specified the University of Delhi in this regard, failing which their admission will be automatically cancelled. Candidates must ensure that they satisfy the above eligibility conditions before applying. If, at any stage of the admission process, a candidate is found ineligible, his/her application will be cancelled immediately no queries/clarifications shall be entertained in this regard. The Departments decision in this regard will be final.

The following weightage-system will be followed for shortlisting for GD/PI: CAT Percentile - Weightage 75% Marks obtained in Class-X - Weightage 10% Marks obtained in Class-XII - Weightage 10% Marks obtained in Mathematics/Business Mathematics in Class-XII Examination - Weightage 2.50% Candidates with the above mentioned Graduate Degrees Weightage 2.50% The short listed candidates shall be called for Group Discussion (GD) and Personal Interview (PI).

CRITERION FOR FINAL SELECTION Final selection will be based on CAT Scores, Marks scored in GD and PI, and Marks Scored in Class X and Class XII Examinations. The following weightage-system will be followed for shortlisting for final selection:
CAT Score - Weightage 60% Marks obtained in Class-X - Weightage 5% Marks obtained in Class-XII - Weightage 5% Marks obtained in Group Discussion - Weightage 10% Marks obtained in Personal Interview - Weightage 20% Please Note: The GD process will be common for all students applying for MBE and MFC programmes, while the PI will be held separately for each Programme. Candidates called for group discussion and interview shall bear travel and other incidental expenses themselves. In all cases, the decision of the Admission Committee shall be final.

RESERVATION The Department will follow University Norms regarding reservation of seats for SC/ST, OBC, Physically Challenged candidates and Children/ Widows/Wives of the Officers and Men of the Armed Forces including Para-Military Personnel killed/disabled in action at wars. Admissions of the candidates to the programmes eligible under reserved categories will be subject to verification of relevant certificates (e.g. caste/medical certificate). Admission of the candidates under the Physically Challenged Category will be subject to medical examination by the University Approved Medical Board. Failure to appear before the Board will result in cancellation of their application.
Foreign students studying in Indian Universities are required to apply through CAT. In addition to the number of seats specified for these programmes, supernumerary seats are available for foreign students. All foreign students need to apply through the Dean, Foreign Students c/o Faculty of Management Studies, University of Delhi, Delhi-110007 (for further details visit http://www.du.ac.in). Those foreign students, who are not required to appear for the CAT, will be short-listed on the basis of their GMAT and TOEFL latest scores. All foreign students are required to meet the requirements as specified by Dean, Foreign students plus any other as prescribed by the concerned department for the programmes.

HOW TO APPLY The candidates can apply online at http: www.mbe-du.org & http://www.mfc.edu. Also, they can buy Admission Brochures at a price of Rs.1,000 (for SC/ST/PC at Rs. 500) for one programme, and Rs. 1,700 (for SC/ST/PC at Rs. 800) for two programmes from Department of Business Economics, Room No.229, University of Delhi, South Campus, Benito Juarez Road, New Delhi 110021.The application form duly completed can be submitted here latest by December, 12, 2011 (Forms will not be accepted on Saturday, Sunday and Holidays).
The Admission Brochure can be requested through post by sending a Demand Draft in favour of Director, University of Delhi South Campus payable at New Delhi of Rs. 1800/(Rs. 900/-for SC/ST/PC) for two programmes and Rs.1100/(Rs.600/- for SC/ST/PC) for a single programme.

SELECTION PROCEDURE Selection of candidates would be based on CAT (Common Admission Test, conducted by the IIMs) and candidates educational backgrounds. CRITERION FOR SHORT-LISTING FOR GD/PI Candidates from General category should have at least 90 percentile in CAT to be shortlisted for GD/PI. Sectional cutoffs in CAT percentile results would be further applied for short-listing General Category candidates for GD/PI. Short-listing will be done on the basis of candidates CAT percentile and marks scored in Class X and Class XII Examinations. Candidates with the following undergraduate degrees will receive extra weightage:
o o o o o o B. A. (Hons.) (Business Economics) B. A. (Hons.) (Economics), B. Com. (Hons.), BBE, BBS and BFIA.

AGE REQUIREMENTS The candidate should be minimum of 20 years on 1st October in the year in which admission is sought. FEE PAYABLE At present students selected to the MBE Programme are required to pay Annual Fees of Rs12,361/- and MFC students are required to pay Annual Fees of Rs. 12,811/- at the time of admission. Foreign students would have to pay Annual Fees as per university rules. The Fee structure may be revised from time to time by the University. In case of withdrawal from the Programme before the commencement of classes, fee will be refunded after deductions as per University Rules. No fee shall be refunded in case withdrawal from the Programme after the commencement of the classes.

Joint Admission 2012-13 19

Ordinance
ORDINANCE XV-C: PROHIBITION OF AND PUNISHMENT FOR RAGGING
1. Ragging in any form is strictly prohibited, within the premises of Colleges/Department or Institution or any part of the University of Delhi system as well as on public transport. Any individual or collective act or practice of ragging constitutes gross indiscipline and shall be dealt with under this Ordinance. Ragging for the purposes of this Ordinance, ordinarily means any act, conduct or practice by which power or status of senior students is brought to bear on students freshly enrolled or students who are in any way considered junior of inferior by other students and includes individuals of corrective acts or practices which Involve physical assault or threat, or use of physical force; Violate the status, dignity and honour of women students; Violate the status, dignity and honour of students belonging to the scheduled caste or tribes; Expose students to ridicule and contempt and affect their self esteem; Entail verbal abuse and aggression, indecent gestures and obscene behaviour. The Principal of a College, the Head of the Department of an Institution, the authorities of College, or University Hostel or Halls of Residents shall taken immediate action of any information of the occurrence of ragging. Notwithstanding anything in Clause (4) above, the Proctor may also suo motu enquire into any incident of ragging and make a report to the Vice-Chancellor of the identity of those who have engaged in ragging and the nature of the incident. The Proctor may also submit an initial report establishing the identity of the perpetrators of ragging and nature of the ragging incident. 7. If the Principal of a College, Head of the Department or Institution or the Proctor, is satisfied that for some reasons, to be recorded in writing, it is not reasonably practical to hold such an enquiry, he/she may so advice the Vice Chancellor accordingly. When the Vice-Chancellor is satisfied that it is not expedient to hold such an enquiry, his/her decision will be final. On the receipt of the report under Clause (5) or (6) or a determination, by the relevant authority under Clause (7) disclosing the occurrence of ragging incidents described in clause 3(a), (b) and (c); the Vice-Chancellor shall direct or order rustication of a student or students for a specific number of years.

2.

8.

3.

9.

4.

10. The Vice-Chancellor may in other, cases of ragging order or direct that any student or students be expelled or be not for a stated period, admitted to a course of study in a college, departmental examination for one or more years or that the results of the student or students concerned in the examination or examinations in which they appeared be cancelled. 11. In case where students who have obtained degree or diplomas of the University of Delhi are found guilty under this Ordinance, appropriate action will be taken under Statute 15 for withdrawal of degrees or diplomas conferred by the University 12. For the purpose of this Ordinance, abetment to ragging will also amount to ragging. 13. All institutions within the University of Delhi system shall be obliged to carry out instructions/ directions issued under this Ordinance, and to give aid and assistance to the Vice-Chancellor to achieve the effective implementation of the Ordinance.

Joint Admission 2012-13

5.

6.

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ORDINANCE XV-B: MAINTENANCE OF DISCIPLINE AMONG STUDENTS OF THE UNIVERSITY

1. 2. All powers relating to discipline and disciplinary action are vested in the Vice-Chancellor. The Vice-Chancellor may delegate all such powers as he/she deems proper to the Proctor and to such other persons as he/she may specify in this behalf. Without prejudice to, the generality of power to enforce discipline under the Ordinance, the following shall amount to act of gross indiscipline: (a) Physical assault, or threat to use physical force, against any member of the teaching or non-teaching staff of any institution/ Department and against any student within the University of Delhi; (b) Carrying of, use of, or threat to use of any weapons; (c) Any violation of the provisions of the Civil Rights Protection Act, 1976; (d) Violation of the status, dignity and honour of students belonging to the scheduled caste and tribes; (e) Any practice-whether verbal or other wisederogatory of women; (f) Any attempt at bribing or corruption in any manner; 6. (c) Be nor for a stated period admitted to a course or courses of study in a college, department or institution of the University; or

(d) Be fined with a sum of rupees that may be specified; or (e) Be debarred from taking a University or College or Department Examination or Examinations for one or more years; or That the result of the student or students concerned in the Examination or Examinations in which he/she or they have appeared be cancelled.

3.

(f)

5.

(g) Willful destruction of institutional property; (h) Creating ill-will or intolerance on religious or communal grounds; (i) Causing disruption in any manner the academic functioning of the University system. Ragging as per Ordinance XV-C.

The Principals of the Colleges, Head of Halls, Deans of Faculties, Head of Teaching Departments in the University, the Principal, School of Correspondence Courses & Continuing Education and Librarian shall have authority to exercise all such disciplinary powers over students in their respective Colleges, Institutions, Faculties and Teaching Departments, in the University as may be necessary for the proper-conduct of the Institutions, Hall and Teaching Departments, in the University as may be necessary for the properconduct of the Institutions, Hall and Teaching in the concerned Departments. They may exercise their authority to such of the teachers in their Colleges, Institutions or Departments as they may specify for these purposes. Without prejudice to the powers of the ViceChancellor and the Proctor as aforesaid, detailed rules of discipline and proper conduct shall be framed. These rules may supplemented, where necessary, by the Principal of Colleges, Heads of Halls, Deans of Faculties and the Heads of Teaching Departments in the University. Each student shall be expected to provide himself/ herself with a copy of these rules. At the time of admission, every student shall be required to sign a declaration that no admission he/she submits himself/herself to the disciplinary jurisdiction of the University and the several authorities of the University who may be vested with the authority to exercise discipline under the Acts, the Statutes, and the Ordinances.

(j) 4.

Joint Admission 2012-13

Without prejudice to the generality of his/her powers relating to the maintenance of discipline and taking such action in the interest of maintaining discipline as may seem to him/her appropriate, the Vice-Chancellor, may in the exercise of his/her powers aforesaid order or direct: (a) That any student or students be expelled; or (b) Any student or students be, for a stated period rusticated; or

7.

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University of Delhi, South Campus

Benito Juarez Road, New Delhi - 110021 Tel.: 24111141, 24112503, 24116180 to 82, 24116752 & 53 Extn. 286 Fax: 24116570, 24116427 Websites: http://www.mbe-du.org / http://www.mfc.edu E-mail : admissions@mfc.edu

Chandu Press : 22526936

Price: Rs. 1,000/- for one programme. Rs. 1,700/- for two programmes. Price for SC/ST/PC candidates : Rs. 500/- for one programme. Rs. 800/- for two programmes