Syllabus




Concept of Goals, Resources, Efficiency & Effectiveness; Introduction to Management discipline and activity, Managerial Roles and Skills ; Management Thought and Thinkers-Details: Scientific Management (F.W.Taylor, Gantt, Glibreths.); Classical Organization Theory (Henry Fayol, C.I. Barnard, M.P. Follet, Max Weber); Neo­Classical Theory (Human Relations Movement & Hawthorne Experiments, Behavioural Theory Social Systems Theory- Niklas Luhmann) Systems Approach; Contingency Approach.

UNIT II

Decision Making-Phases, steps of Decision Making; Nature of managerial decision making and its types; Conditions of Certainty, Risk and Uncertainty; Bounded rationality (Herbert Simon); Barriers to decision making; Individual and Group Decision making. Management Process-Planning : Nature Scope; Steps; Principles; Types of plans); Organizing (Structural and Systemic dimensions; Authority, Responsibility & Accountability; Work division; Span of Management; Delegation; Decentralization; Coordination; Formal & Informal Organizations; Forms of Formal Organizational Structures, Importance of Direction)


Management Process - Communication : Importance; Types; Process; Channels; Barriers; Communication Network in organizations-vertical, horizontal, diagonal & informal, Controlling: Meaning, Steps, Importance, Sources, Designing the control process, Effectiveness of Control Systems.


Issues of Relevance-Transnational environment and perspectives of business, Quality Management - basic insights of prominent thinkers, Quality of Work Life (QWL); Japanese Management, Search for Excellence, Human Values in Management -Indian perspectives, values for managers, ethical dilemma in Management, Self -development, lessons from Ancient Indian tradition,

1.                    James F. Stoner,et al : Management, Pearsons Education Delhi
2.                    Harold Koontz Heinz Weihrich: Management, Tata McGraw Hill Pub. Co., Delhi
3.                    R.N. Singh : Management Thought & Thinkers, S.C.& Co., Delhi
4.                    S.K. Chakraborty : Management By Values, Oxford Univ. Press, Delhi



Financial Accounting: Definition, Nature and Scope of Accounting. Accounting Principles,
Accounting Concepts: Business Entity, Money Measurement, Going Concern, Cost Periodicity, Matching and Realization, Accounting Conventions: Consistency, Full Disclosure, Conservatism and Materiality. Indian Accounting Standards, Difference between traditional and modern accounting


Orientation in Accounting: Double Entry System and Recording of Transactions into the Journals. Posting Transactions into Ledger, Sub-division of Journals, Preparations of Trial Balance, Capital and Revenue, Preparation of Annual Accounts - Profit and Loss Account and Balance Sheet, Adjustment Entries UNIT III    9
Analysis of Financial Statement: Financial Statements - Meaning, Nature and Limitations. Meaning of Financial Analysis, Significance of Financial Analysis to Different Parties, Vertical vs. Horizontal Analysis, Internal vs External Analysis, Trend percentages and Common size statement
Techniques of Financial Analysis: Accounting Ratios - Meaning, Significance and Limitations. Classification, Computation and interpretation of Liquidity Ratios, Leverage Ratios, Activity/ turnover Ratios and Profitability, Ratios
Du-point Analysis: Funds Flow Statement- Meaning and Need, Preparation and Interpretation, Cash Flow Statement - Meaning, Need, Preparation and Interpretation


UNIT IV               

Valuation of Assets: Valuation of Shares - Need and Methods. Asset Backing and Yield, Valuation of Goodwill - Need and Methods, No. of years Purchase of Average Annual Profit, No. of Years Purchase of Average Annual Super Profit, Capitalization of Super Profit and present Value of expected Super Profit. Valuation of Inventory - Need and Methods, First in First out (FIFO), Last in First out (LIFO), Average cost. Special Identification,

Price Level Changes and Accounting: Problems created by changing price level. Introduction to approaches to price level adjustments - Current Purchasing Power/Index Number and Current Cost Current Issues: Forensic Accounting, Money Laundering, Financial intelligence.

Books & References:
5.                    H.G. Guthman: Financial Statements Analysis, PHI
6.                    Myer: Financial Statements Analysis PHI
7.                    Robert Anthony & Reece: Management Accounting - Text & Cases, Richard D. Irwin,
8.                    Morton Backer: Modern Accounting Theory, PHI
9.                    Roy, A. Foulke: Financial Statement Analysis, McGraw-Hill
10.                 Shukla & Grewal: Advanced Accounts, S. Chand & Company Limited
11.                 Mukherjee & Roy: Studies in Accounting Theory, World Press Pvt. Ltd. Calcutta
12.                 Khan & Jain: Management Accounting, Tata McGraw-Hill Education

MBA-103 MANGERIAL ECONOMICS      4 Credits (3-1-0)

UNIT I  

Basic Concepts of Economics -Nature, Significance and scope of Economics, Micro Economics and Macro Economics, Managerial Economics and Decision making, Fundamental Principles of Managerial Economics, Profit Analysis and profit Forecasting-Concept of Profit. Accounting Profit and Economic profit, Theories of Profit, Dynamic Theory of Profit, Risk and Uncertainty-Bearing Theory of Profit, Innovation Theory of Profit, Profit, Forecasting and Management of Profit. Profit Standards and the problems relating to Profit Maximization. Recent Economic Issues and Developments

UNIT II

Demand Analysis and Demand Forecasting-Theory of Demand. Types of Demand and their characteristics, Utility Analysis, Elasticity of Demand and its measurement, Supply analysis -Law of Supply and Elasticity of Supply and its uses in managerial decision making

UNIT III

Cost Analysis-Concept of Cost and Cost Classification, Law of Variable proportions - Increasing, Decreasing and Constant Return, Cost output relationship in short-run and Long-run,
Production Functions, ISO-Cost Curves and their significance in cost analysis, Economies of Scale, Least Cost Combination Concept
Estimation of Revenue, Average Revenue, Marginal Revenue and Elasticity of Demand, Techniques of Demand Forecasting

UNIT IV               

Market Structure -Perfect and Imperfect Market Structures, Perfect Competition, Equilibrium Price, Pricing under Perfect Competition, short-run and Long-run price under perfect competition, Pricing under Monopoly and Monopolistic Competition, Oligopoly, Discriminating Prices and Kinked Demand Curve
National Income-Definition of national income, Measurement of National Income - Net output or value method, Factor Income method, Expenditure method., Growth and composition of India’s National Income.

Books & References:
1.                    P.L. Mehta, Managerial Economics, Analysis, Problems and Cases, Sultan Chand Sons, New Delhi.
2.                    Varshney and Maheshwari, Managerial Economics, Sultan Chand and Sons, New Delhi.
3.                    D. Salvatore, Managerial Economics, McGraw Hill, New Delhi.
4.                    Pearson and Lewis, Managerial Economics , Prentice Hall, New Delhi
5.                    G.S. Gupta, Managerial Economics, T M H, New Delhi.
6.                    Mote, Paul and Gupta, Managerial Economics, T M H, New Delhi.
7.                    Joel Dean, Managerial Economics, Prentice Hall, USA.
8.                    H L Ahuja, Managerial Economics, S Chand & Co. New Delhi.

MBA-104 MARKETTING MANAGEMENT             4 Credits (3-1-0)


Objectives
To introduce the students to the concepts, strategies and contemporary issues involved in the marketing of products and services.

UNIT I  

Introduction to Marketing: Nature and Scope of Marketing, Marketing Concepts, Marketing Philosophies, Customer Value, Holistic Marketing.
Marketing Environment: Environmental monitoring, Understanding the impact of Macro and Micro environment on Marketing, Global Marketing.

UNIT II

Identifying and Selecting Markets: Consumer Buying Behaviour, Organizational Buying Behaviour, Market Segmentation, Targeting and Positioning, Marketing Research and Market Information
Product Mix Strategies: Product, Planning and Development, Product Life Cycle, New Product development, Brands, Packaging and Labelling.

UNIT III               

Developing Pricing Strategies: Setting Price, Factors influencing Price Determination Channels of Distribution: Designing Distribution Channels, Managing Conflicts and Controls in Channels, Retailing, Wholesaling and Logistics

UNIT IV               

Strategic Marketing Planning Process: Competitor analysis, Marketing Warfare Strategies, Marketing Planning Process
Marketing Communication: Role of Promotion in Marketing, Integrated Marketing Communication, Determining Promotional Mix, Advertising, Sales Promotion Public Relations, Personal Selling and Sales Management

Books & References:

14.                 Etzel, M. J., Bruce, J., W., Stanton, W. J., & Pandit, A. (2010). Marketing (14th ed.). New Delhi: Tata McGraw-Hill.
15.                 Kotler, P., Keller, K., Koshy, L., & Jha, M. (2009). Marketing Management: A south Asian Perspective (13th ed.). New Delhi: Pearson
16.                 Perrault. W.D (Jr.), Cannon, J.P., & McCarthy, E.J. (2010). Basic Marketing. New Delhi: Tata McGraw-Hill
17.                 Ramaswamy, V. S., & Namakumari, S. (2009). Marketing Management: Global Perspective Indian Context (4th ed.). New Delhi: Macmillan
18.                 Saxena, R. (2009). Marketing management (4th ed.). New Delhi: Tata McGraw Hill
19.                  
MBA-105 ORGANISATIONAL BEHAVIOUR & GROUP DYNAMICS 3 Credits (2-1-0)

UNIT I  

Understanding Organization, Behavior & OB-Organization as a Social Unit, Concept of Learning Organization, and Roles & Skills of Managers, Knowing Behavior- approaches to understand it (Cognitive, Behavioristic & Social Cognitive) Field of OB: Individual, Groups & Systems, Challenges & Opportunities of OB. Organizational Change- Concept, Resistance to and managing change

UNIT II

Bases of Individual Behavior-Basic individual differences (ability & biographical characteristics), Personality­Meaning, “Big -Five” Personality Traits and MBTI
Perception- Meaning, Role of Object, Environment and Observer; Judging Others.
Learning- Meaning, Theories: Classical Conditioning, Operant Conditioning & Social Learning; Methods to shape Behavior (reinforcement, punishment, & extinction)
Leadership & Organizational Change- Concept and Different Theories

UNIT III               

Attitudes- Components, functions, changing attitudes, work attitudes (Job satisfaction & Organizational Commitment)
Motivation- Concept, Content Theories, Process Theories, and Contemporary Theories

Communication: Process, types, barriers; Grapevine
Transactional Analysis- Four Life positions, Influence, Power & Politics: Concept of influence, bases of power, political behavior: concept & contributing factors

UNIT IV               

Groups- Types, their development stages, concept of role, status, norms size and Group cohesiveness, Group decision making techniques, Group Think & Group Shift
Stress & Conflict- meaning& causes of stress, types of conflicts (intra individual & interactive), coping strategies for stress & conflict; negotiation skills

Books & References:
20.                 Organizational Behaviour - Uma Sekaran
21.                 Organizational Behaviour - Fred Luthans
22.                 Organizational Behaviour - K.Aswathappa
23.                 Human Behaviour at Work - Keith Davis
24.                 Organizational Behaviour - Jit S.Chandran
25.                 Human Relations & Organizational Behaviour - R.S.Dwivedi
26.                 Organizational Behaviour - McShane
27.                 Organizational Behaviour - Sharma
28.                 Essentials of Management - Koontz – TMGH
29.                  
MBA-106 HUMAN RESOURCE MANAEGEMENT               4 Credits (3-1-0)

UNIT I  

Concept, Nature Scope and significance of personnel Function in Modern Organisations. Evolution and Philosophy of Management of Human Resource, Dimensions of Human Resource Management Policies, Present Status of Human Resource Management in India

UNIT II

Manpower Policy and Planning, Job Analysis, Recruitment, Selection, Placement, Induction, Transfer, Promotion, Demotion and Discharge

UNIT III               

Nature, Objectives, Scope of Training and Development, Assessment of Training Needs for Managerial and Non­managerial, Personnel, Methods and Techniques of Training and their Evaluation, Performance Appraisal, Nature, Objectives and Methods

UNIT IV               

Need - for Retional Wage Policy, Job Evaluation, Wage Structure, Fringe, Benefits, Financial and Non-Financial Benefits, Personnel Control-Research and Audit. Trade Union, Collective Bargaining, Industrial Disputes Causes and Settlement, Disciplinary action and grievance handling

Books & References:
9.                    E. Flippo, Principles of Personnel Management
10.                 Monnappa & Saiyadin, Personnel Management
11.                 L.M. Prasad, Human Resource Management
12.                 Monnappa, Industrial Law
13.                 Ashwathapa, Human Resource Management and Personnel Management
14.                  
MBA-107 BUSINESS ENVIRONMENT      4 Credits (3-1-0)

UNIT I  

Business Environment-Meaning, Importance, Environmental Factors, Recent Political Environment, Recent Economic and Financial Environment, Planning In India-Planning Commision-Liberalisation and Planning, Industrial Policy: New trade policy-1991 onwards, Industrial Licensing in India

UNIT II

Indian Financial System : Monetary And Fiscal Policy, Economic Trends, Price Policy, Stock Exchange Of India, Role of regulatory institutions in Indian financial system - RBI and SEBI , National Income, Role of Industry in Economic Development, Foreign Trade and Balance of Payment, Poverty in India, Unemployment in India, Inflation, Human Development, Rural Development, Problems of Growth

UNIT III                9

Direct & Indirect Taxes (MODVAT), (CENVAT),Competition Act 2002 & FEMA Acts, Philosophy and strategy of planning in India.
Liberalization, Privatization and Disinvestments, Special Economic Zone (SEZ) and their role and impact in International Business Environment, World Trade Organization (WTO), Redefining Value Preposition to MSMEs

UNIT IV                9
Social Responsibility of business enterprises, New Economic Policy, Globalization, EXIM policy and role of EXIM bank, FDI policy, Multinational Corporation (MNCs) and Transnational Corporations (TNCs), Global Competitiveness, technology and competitive advantage, technology transfer - importance and types, Appropriate technology and technology adaptation.

Books & References:

30.                 Shaikh & Saleem - Business Environment (Pearson, 2nd Edition)
31.                 Francis Cherunilam - Business Environment, Text and Cases (Himalaya Publishing House, 8th Edition).
32.                 Mittal - Business Environment (Excel Books).
33.                 V. Neelamegam - Business Environment (Vrinda Publications , 2nd Edition)
34.                 Fernando-Business Environment (Prentice hall)
35.                 Mishra S K & Puri V K - Economic Environment of Business (Himalaya Publishing House, 3rd Edition).
36.                 Paul Justin - Business Environment Text and Cases (Tata McGraw Hill)

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