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INSTITUTE of MANAGEMENT STUDIES, Devi Ahilya University, INDORE

INSTITUTE OF MANAGEMENT STUDIES


MBA (Financial Administration) Semester I
Subject BUSINESS ETHICS AND Subject Code FA-106C
Name MANAGEMENT BY Total Credits 03
INDIAN VALUES
Subject Nature: Interdisciplinary
Course Objectives:
 To acquaint the students with ethics and Indian ethos along with its relevance to
managerial decision making.
 To provide the necessary theoretical and conceptual foundation of ethics and ethical
behavior in organizations.
 To promote an understanding of Indian values and value system in detail and its universal
applicability in understanding human behavior.
Learning Outcomes:
At the end of the course, students should be able to;
1. Understand nature and purpose of ethics and ethical norms.
2. What exactly business ethics is and how it is different from corporate social
responsibility.
3. Learn and apply important theoretical frameworks in business situation and decision
making.
4. Learn and understand various concepts of Indian ethos and how they impact various key
business decisions.
5. Understand importance of self-management and work place spirituality.
Examination scheme:
The faculty member will award internal marks out of 40 based on three assessments of 20 marks
each of which best two will be considered. The end semester examination will be worth 60 marks
having theory and cases/practical problems.

Class Room
Course Contents Contact
Sessions

UNIT –I 1.1 Concept and Nature of Ethics- Business Ethics 03


Nature and 1.2 Role and purpose of Ethics for business
purpose of 1.3 Ethical Norms and Principles for business
Ethics, Ethical
Norms.

Unit-2 2.1 Different Theories of Business Ethics


Theories of 2.2 Business Ethics and Corporate social Responsibility 03
MBA (Financial Administration)– JULY 2017, SYLLABUS
INSTITUTE of MANAGEMENT STUDIES, Devi Ahilya University, INDORE

Business Ethics 2.3 Nature of Utilitarian view of Business Ethics

Unit-3
Corruption 3.1 Nature and types of Corruption in India 03
and Whistle 3.2 Method and means of checking corruption in India
blowing 3.3 Whistle blowing

.
Unit- 4 4.1 Management and Culture, Management is Culture bound
Indian Ethos (Discussion) 03
4.2 Concept and Nature of Indian Ethos for Management
4.3 Sources of Indian Ethos in Management and problems in
understanding them

Unit -5 Representative Sources of Indian Ethos in Management


Sources of 5.1 Vedas, Shastras, Smritis, Puranas, Upanishads 10
Indian Ethos 5.2 Ramayana, Mahabharata- Special Reference to Bhagwat
and Geeta
Management 5.3 Arthashastra, Ramcharitmanas, Panchatantra, Hitopdesh
5.4 Guru Granth Sahib, Teachings of Buddha and Mahaveer
5.5 The Holy Bible, The Holy Quran (Should they be
included in Indian Ethos: Discussion)
5.6 Kabir, Rahim, Ramkrishna Paramhansa, Swami
Vivekananda, Local folk songs, idioms and folk tales
Unit-6 6.1 Values v/s Skills, Value System
Values for 6.2 Values and Purity of Mind 04
Indian 6.3 Indian Values and Wisdom relevant to modern
Managers management
Unit -7
Human 7.1 Models of motivation and Leadership in Indian thoughts, 08
Behavior Examples from scriptures
7.2 Guna Theory, Karma Theory and Sanskar Theory
Unit-8 8.1 Work Ethics & Ethics in Work
Work Ethics 8.2 Life Goals or Purusharthas, Professionalism and Karma 03
and Models of Yoga
Motivation and
Leadership
Unit-9
Indian 9.1 Five fold debts (Pancha Rina) v/s 02
Heritage and Corporate Social Responsibility (Discussion)
Corporate
Social
Responsibility

MBA (Financial Administration)– JULY 2017, SYLLABUS


INSTITUTE of MANAGEMENT STUDIES, Devi Ahilya University, INDORE

Unit-10
Management 10.1 Management of the Self and Workplace Spirituality. 06
of the Self and
Workplace
Spirituality.
TOTAL CLASSROOM CONTACT SESSIONS 45

Learning Resources: (latest Editions of thr books and material)


1.A.C Fernando, Business Ethics: An Indian Perspective, Pearson

2. Weiss, Business Ethics Concept & Cases, Cengage Learning

3 Velasquez, Business Ethics,Concepts & Cases, PHI

4 Murthy, Business Ethics, Himalaya Publishing House

5 Al Gini, Case Studies in Business Ethics, Pearson Education.

6. Shashtri J.L., Ancient Indian Tradition and Mythology , Motilal Banarsidas, New Delhi

7. F. Max Muller , Sacred Books of East ,Motilal Banarsidas, New Delhi

8. S.K. Chakraborty, Ethics in Management-Vedantic Approach, New Delhi, Oxford India Ltd.,

MBA (Financial Administration)– JULY 2017, SYLLABUS

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