Department of Management Studies - Doc FF
Department of Management Studies - Doc FF
Department of Management Studies - Doc FF
Pool of Electives:
Courses offered from third year to fourth year first semester are compulsory and choose atleast
two elective courses from the pool of elective in fourth year second semester to get a minor
degree in Management.
Note:
1. Student should not repeat the same the course which he completed or going to complete in
parent department to get a minor in Management.
2. Student from Mechanical Engineering department must not opt the Production and
Operation Management course if he completes or going to complete Operational Research
& Industrial Engg. & Management in the parent department.
FOUNDATIONS OF MANAGEMENT
Code: BM3101 (L-T)-P:3-0 Credits :4 Pre-requisite: None Modules: 36
Course Objective: This course enables the students who are not specialized in the Business
Management minor to learn wide range of managerial concepts and equip them to handle the
management assignment in the future.
Course Contents:
3. Planning & Organizing: Planning premises, types and steps in plans, decision making and
forecasting, types of decision, steps in decision making, Organizing: Organization Structure,
principles of organizing, Authority and span of control, delegation and decentralization, Line and
staff relationship.
4. Leadership & Motivation: Concept and Styles; Trait and Situational Theory of Leadership.
Motivation: Concept and Importance; Maslow Need Hierarchy Theory; Herzberg Two Factors
Theory.
5. Directing & Controlling: Nature and scope, Co-ordination, types of interdependence, Process
of controlling, making controlling effective, techniques of controlling.
Course Objective: The course aims to provide an insight into production, distribution and
consumption of wealth and their interdependency. The real-life aspects of application of economics
in business and economic policy are highly emphasized. It provides the platform to understand the
meaning, interdependence and determination of the equilibrium at micro and macro level. The
methods and approach to microeconomic and macroeconomic modeling are to be stressed.
2. Theory of Demand and supply: Demand and Law of demand, demand function, determinants of
demand properties of demand curve, Law of diminishing and equi-marginal utility, -income effect
and substitution effect, Elasticity of demand, price elasticity measurement price elasticity, income
elasticity, classification of goods based on income elasticity, cross elasticity, law of supply-
determinants of supply, market equilibrium, demand forecasting, Methods of demand forecasting.
3. Production function and Cost Analysis: Production meaning, production function, Distinction
between short-run and long-run Production with one variable input-relationship between total,
marginal and average production functions, law of variable proportion, production with two variable
inputs, iso- quants, Cost concepts, economic costs, deriving cost curves, short run cost functions,
long run cost functions –iso-cost-techniques of maximization of output, minimization of cost and
maximization of profit-scale of production, recardian theory of comparative advantage, economies
and diseconomies of scale.
6. Industrial Policy and Regulatory Structure: Industrial Policy- Industrial Licensing Policy- Five
Year Planning- Industrial Policy 1991, Small Scale Industries (SSI)-Industrial Finance- Foreign
Direct Investment (FDI).
Suggested Reference Books:
Course Objective: This course is designed as an introductory course with a focus on the various
subject areas in Marketing so as to be able to build awareness and familiarity. It is also designed
as course for those who plan to specialize in marketing in the future.
Course Contents:
1. Kotler, Keller, Koshy & Jha, Marketing Management- A South Asian Perspective, Pearson
Education.
2. Kotler & Armstrong, Englewood Cliffs, Principles of Marketing, Prentice- Hall, NJ,
Publication.
3. Rajan Saxena, Marketing Management, Tata McGraw Hill Publication.
4. Lal Quelch & Rangan, Marketing Management, Tata McGraw Hill Publication.
HUMAN RESOURCE MANAGEMENT
Course Objective: The course intends to expose students to the concepts and practices of
personnel management and industrial relations in a changing socio-economic environment. It
discusses the administrative and developmental issues related to management of human resources.
Contents:
1. Wyne Cascio, Managing Human Resources, Tata Mc. Graw Hill, New Delhi, (1998)
2. Aswathappa K, Human Resource and Personnel Management, Tata Mc. Graw Hill, (2007)
3. Edwin B.Flippo, Personnel Management, Tata Mc. Graw Hill, New Delhi, (1980).
4. Haldar, Human Resource Development, Oxford University Press.
5. Werner & DeSimone, Human Resource Development, Thomson-Southwestern
Publication.
6. Mamoria & Mamoria, Dynamics of Industrial Relations in India, Himalaya Publishing
House, (1983).
FINANCIAL MANAGEMENT
Course Aim: To give an overview of the problems facing a financial manager in the commercial
world. It will introduce you to the concepts and theories of corporate finance that underlie the
techniques that are offered as aids for the understanding, evaluation and resolution of financial
manager’s problems.
1. The Finance Function: Nature and Scope; Evolution of finance function – Its new role in the
contemporary scenario –Goals of finance function – maximizing vs. satisfying; Profit vs. Wealth
vs. Welfare; Concept of Time Value of Money.
2. The Investment Decision: Investment decision process- Project generation, project evaluation,
project selection and project Implementation. Capital Budgeting Techniques –Traditional and
DCF methods. The NPV vs. IRR Debate; Approaches for reconciliation. Capital budgeting
decision under conditions of risk and uncertainty.
3. Cost of capital: Concept and measurement of cost of capital, Debt vs. Equity, cost of equity,
preference shares, equity capital and retained earnings, weighted average cost of capital and
marginal cost of capital. Importance of cost of capital in capital budgeting decisions.
4. Capital Structure Decisions: Capital structure vs. financial structure - Capitalization, financial
leverage, operating leverage and composite leverage. EBIT-EPS Analysis, Indifference
Point/Break even analysis of financial leverage, Capital structure Theories –The Modigliani
Miller Theory, NI, NOI Theory and Traditional Theory –A critical appraisal.
5. Dividend Decisions: Dividends and value of the firm - Relevance of dividends, the MM
hypothesis, Declaration and payment of dividends. Rights issue, share-splits, Major forms of
dividends – Cash and Bonus shares. Major theories centered on the works of GORDON,
WALTER and LITNER. Dividend policies of Indian companies. Working Capital Management:
Components of working capital, gross vs. net working capital.
REFERENCES:
1. IM Pandey, Financial Management, 10th Edition, Vikas , 2013.
2. Journals : Chartered Accountant; Finance India ; Human Capital; Management Accountant;
Journal of Accounting & Finance .
3. M.Y Khan, P K Jain: “Financial Management-Text and Problems”, 6th Edition, TMH,
2012.
4. P.C.Tulsian,C.A. Bharat Tulsian , “Financial Management” S.Chand Publications,2012.
5. Prasanna Chandra, “Financial Management Theory and Practice”, 8 th Edition. TMH ,
2012.
6. Shashi K.Gupta, R.K.Sharma , “Financial Management” Kalyani Publishers ,2012
7. Rajiv Srivastava, Anil Mishra , Financial Management” Oxford University Press, New Delhi,
2012
8. James C Van Horne, Sanjay Dhamija, “Financial Management and Policy” Pearson Education,
2012 .
9. IM Pandey, Cases in Financial Management, TMH 2/e 2012.
10. Chandra & Iyer, Financial Management, IBH, 2012.
BUSINESS ACCOUNTING AND FINANCE
Course Objective: This course is designed as an introductory course with a focus on the various
subject areas in accounting so as to be able to build awareness and familiarity. It is also designed
as course for those who plan to specialize in Finance in the future.
Course Contents:
4. Depreciation, Provisions and Reserves: Depreciation, Depreciation and other Similar Terms,
Causes of Depreciation, Need for Depreciation, Factors Affecting the Amount of Depreciation,
Methods of calculating, Depreciation Amount, Straight Line Method and Written down Method
-A Comparative Analysis.
5. Financial Analysis-I: Statement of Changes in Working Capital, Funds from Operations, paid
cost and unpaid costs. Distinction between cash profits and book profits. Preparation and analysis
of cash flow statement and funds flow statement.
6.Financial Analysis-II: Analysis and interpretation of financial statements from investor and
company point of view, Horizontal Analysis and Vertical Analysis of Company Financial
Statements. Liquidity, leverage, solvency and profitability ratios – Du Pont Chart.
2. Paresh Shah, Financial Accounting for management 2e, Oxford University Press, (2011)
3. Maheswari &maheswari
Course Contents:
1. Introduction to ERP: Evolution of ERP; what is ERP? Reasons for the Growth of ERP;
Scenario and Justification of ERP in India; Evaluation of ERP; Various Modules of ERP;
Advantage of ERP.
3. ERP and Related Technologies: ERP and Related Technologies; Business Process
Reengineering (BPR); Management Information System (MIS); Executive Information System
(EIS); Decision support System (DSS); Supply Chain Management (SCM).
4. ERP System and Market: ERP system: Introduction; Finance, Plant Maintenance, Quality
Management, Materials Management. ERP Market: Introduction, SAP AG, Baan Company,
Oracle Corporation, People Soft, JD Edwards World Solutions Company, System Software
Associates, Inc. (SSA); QAD; A Comparative Assessment and Selection of ERP Packages and
Modules.
6. Selection of ERP vendors and Future Directions: Vendors; Consultants and Users; In-House
Implementation - Pros and Cons; Vendors; Consultants; End User. Future Directions in ERP;
New Markets; New Channels; Faster Implementation Methodologies; Business Modules and
BAPIs.
Suggested Reference Books:
Course Objective: This course aims at helping the students to learn operations management
systems and analyze issues pertaining to management of productivity, technology and facilities.
This course focuses on concepts relating to planning and control of management of materials and
resources.
Course Contents:
1. Introduction to POM: Learning objectives, Production and Operations function and its
relations to other management functions of an organization.
2. Work System Design: Product and Process design, Methods study, Facilities layout,
Line Balancing, Work Measurement
3. Manufacturing Planning and Control: Aggregate production planning, Master
Production Scheduling, Shop Scheduling and Shop Floor Control. DRP and Demand
Management.
4. Project management: PERT/CPM, resource leveling, project scheduling, Gantt Charts.
5. Materials Flow Control: Raw Materials and WIP inventory control, MRP, MRP-II, JIT
purchasing, Lead-time control.
6. Maintenance Planning and Management: Corrective, Preventive and Predictive
maintenance, Replacement analysis, RCM and TPM. Manpower Scheduling: Techniques
of manpower scheduling,
Course Objective: The objective of the course is to impart the concepts, tools & techniques in
formulation and analysis of projects as well as in planning, scheduling & controlling of projects.
Course Contents:
1. Jack Meredith & Samuel Mantel, Project Management- A Managerial approach, JWiley,
Singapore, (2000).
2. Prasanna Chandra, Projects Planning, Analysis, financing, implementations & revie, Tata
MC-Graw Hill, New Delhi, (2006).
3. Rory & Bruke, Project Management, J Wiley, Singapore, (2003).
4. Harold Kerzner, Project Management, CBS Publishers, New Delhi, (2004).
SUPPLY CHAIN MANAGEMENT
Course Objective: This course is designed as a broad introduction to the subject, covering the
critical facets of SCM and focusing on their interrelationships. The topics covered would be
inventory management, logistics network management, strategic alliances and supplier
relationship, Information Technology and its application in SCM, international supply chain.
Course Contents:
1. Simchi-Levi, Kaminsky & Simchi-Levi, Designing and Managing the Supply Chain,
McGraw-Hill Publication, (2003).
2. Chopra, Meindl &. Kalra, Supply Chain Management: Strategy & Analysis, Pearson
Education Asia, (2010).
3. Coyle, Bardi & Langley, Management of Business Logistics: A Supply Chain Perspective,
Thomson Learning, (2003).
4. Sunil Chopra & Peter Meindl, Supply Chain Management: Strategy, Planning and Operation,
Pearson Education, (2007).
5. Ballou & Srivastava, Business Logistics/SCM, Pearson Education Publication.
ORGANIZATIONAL BEHAVIOUR
Code: BM4205 (L-T)-P:3-0 Credits :4 Pre-requisite: BM4152 Modules: 36
CONSUMER BEHAVIOR
Code: BM4206 (L-T)-P:4-0 Credits :4 Pre-requisite: BM4153 Modules: 36
Course Objective The aim of this course is to enable students take marketing decisions keeping
in mind the consumer behavior. It will help them to design primary market research studies for the
mutual benefit of consumers and organizations.
1. Introduction to Consumer Behaviour: Defining consumer behaviour, Why to study
Consumer Behaviour? Understanding Consumer through research process, Consumer
behaviour in a world of economic instability, Rural Consumer Behaviour, Consumer
Segmentation, Targeting and Positioning, Segmentation & Branding, Rural Markets.
2. Consumer Buying Behaviour: Influence of Culture, Sub Culture, Social Class, Social
Group, Family and Personality, Cross-Cultural Consumer Behaviour.
Course Objective: This course has two basic objectives. The first is to teach effective
entrepreneurial and general management practice from the perspective of the founder and
stakeholders. The second is to apply the entrepreneurial perspective in order to approach
business problems from a value creation framework.
Note: Students must submit to a Business Plan in the form of assignment at the end of the
trimester. The assignment will be given a due weightage in the final marks of this paper.
4. Machine Learning: Introduction and Concepts Differentiating algorithmic and model based
frameworks Regression : Ordinary Least Squares, Ridge Regression, Lasso Regression, K
Nearest Neighbours Regression & Classification