1.3 Principles and Practice of Management:: Definition of Management, Evolution, Nature, Purpose & Functions of
1.3 Principles and Practice of Management:: Definition of Management, Evolution, Nature, Purpose & Functions of
1.3 Principles and Practice of Management:: Definition of Management, Evolution, Nature, Purpose & Functions of
Module V: Controlling
Definition, steps in controlling process, techniques of control, areas of control,
advantages and limitations of control, types of managerial control, need for control
control as a feedback system
Module VI: Emerging trends in management (MIS, TQM, ETHICS, AND VALUES). A
board outline of management techniques in MNC companies, skills required for
managers, Vision mission statements of leading companies
Reference:
1) MANAGEMENT A global perspective by Weihrich, Heinz and koontz, Harold
McGraw Hill publication
2) Principles and practice of management by L.M. Prasad Sultanchand and sons
3) Principles of management by Tripati and reddy TMH publications
4) Management principles by T Ramasamy Himalaya publishing house
5) Principles and practice of Management by Gupta, Sharma, Bhalla kalyani Publishers
Quantitative Technique 1
Module I: Introduction to statistics:
Scope of statistics in Business and industry, Primary & Secondary sources of data,
Tabulation, frequency distribution, diagrammatic & graphical representation of the
data.
Module II: Measures of Central Tendency:
Mean Median, Quartiles, Mode, Geometric mean. Measure of dispersion: Range,
Quartile deviation, mean deviation, standard Deviation & Respective relative
measures Karl Pearson Bowleys co efficient of skewness
Module III: Correlation:
Methods of studying correlations co efficient of correlation, correlation in
Bivariate Frequency table, Rank correlation
Module IV: Regression:
Introduction, lines of regression of Y on X, line of regression of X on Y
Note: The students are expected to answer theory questions and solve practical
problems
References:
1. Statics for Management by Levin R. L and Rubin . D. S (PHI Publication)
2. Quantitative Techniques for Managerial Decisions by K. Srivastava, G. V. Shenoy
(Wiley Eastern Publication)
3. Statistical Methods by S. P. Gupta ( Sultan Chand & Sons Publications).
4. Business Statistics by S.C Gupta and Indra Gupta (Himalaya Publications).
Fundamentals of Accounting
Module I: Accounting and its functions:
Scope of Accounting as information system Role and Activities of an Accountant and
Accounting Personnel
Module II: Accounting Principles:
a. Accounting concepts and conventions.
b. Accounting standards. Nature and purpose of accounting standards. Accounting
standards in India international accounting standards.
Module III: Accounting Mechanism I (Basic Records):
System of book keeping, system of accounting journalizing, transactions, ledger
pasting and trail balance, sub division of journal bank reconciliation statement
Module IV: Accounting Mechanism II (Preparation of Financial Statement):
a. Conceptual basis of a Balance sheet form and classification of items
b. Construction of trading and profit and loss account, balance sheet.
c. Adjustment entries, rectification of Errors.
Module V: Computerized Accounting:
Meaning, working and features of computer, role of computers in accounting. The
flow chart, computer process software packages for accounting out sourcing
accounting process
Note: Quantitative treatment of the subject matter with the help of accounting
software is required. The students are expected to answer theory questions as well as
solve practical problems.
References:
1. Financial Accounting for Managers by S.N Maheshwari (Vikas Publishing House Pvt.
Ltd New Delhi)
2. Accounting for Management Text and Cases by Bhattachary S K and John Deardon
(Vikas Publishing House Pvt Ltd. New Delhi)
3. Accounting theory An Introduction by L S Pawan (Tata McGraw Hill New Delhi)
4. Financial Accounting by Shukla and Grewal
5. Financial Accounting by B S Raman
6. Advanced Accounting by Radhaswamy and R L Gupta
7. Advanced Accounting by Jain and Narang
8. Advanced Accounting by S P Jain and K L Narang
9. Financial Accounting Vol. I & II by M B Kadkol
10. Accounting system Proceeding and Methods by Gillspic
11. Introduction to computer by Peter Norton (Tata McGraw Hill. New Delhi)
12. Fundamental of Computer by Rajaram (PHI Publications 2001.3rd edition)
ENGLISH
1)
2)
3)
4)
5)
6)
7)
Communication skills
Letter writing
Keeping the customer Humour
Oral communication (speaking)
Interview
Listening , Reading, speaking skills.
Written communication
Marketing Management
Module I:
Marketing : introduction, Definitions, Marketing management Meaning, importance
and various concepts.
Module II: Market Segmentation meaning and bases, Targeting Positioning,
Marketing Mix.
Module III:
Consumer Buying Behaviour; Factors affecting consumer behavior, consumer Decision
Making Process Features of industrial buying and factors affecting industrial buying
behavior
Module IV:
Product concept, Classification of product, Product life Cycle, Product mix, New
Product Development process;
Module V:
Channels of distribution; Types, Advertising meaning, Sales promotion, personal
selling and tools of sales promotion.
References:
1. Marketing Management by Philip Kotler Millennium EEdition (PHI Publication)
2. Marketing management The Indian Context by Ramaswamy & Namakeni
(Mc Milan India Ltd)
3. Case Studies in Marketing by S Rameshkurar (Vikas Publisher l/e)
4. Fundamentals of marketing by William J Stanton (McGraw Hill Publication)
SEMESTER II
Organizational Behaviour
Module I: Organization Behaviour:
Organization Meaning and significance, organization and their need
Organization Behaviour meaning, nature, scope and application in management
Module II: Values and Attitudes
Meaning characteristics of attitude components of attitude formation of attitude
types of attitude
Values: Definition and importance of values sources of our value system loyalty and
ethical behavior
Module III: Perception
Definition need factors influencing perception process of perception
interpersonal perception and perception in organizational settings.
Module IV: Motivation
Meaning, nature of motivation motivation process theories of motivation Maslows
theory. Herzbergs two factor theory, Mc Gregory theory X and theory Y other
motivating theories, Incentives Financial and non financial incentives
Module V: Learning:
Meaning and definition, principles of learning observational learning cognitive
learning learning curve
Module VI: Group Dynamics
Meaning and definition concepts of group behavior types of groups group
behavior Norms Conflict resolution Johari Window factors determining groups
success groups decision making and group thinking
Module VII: Leadership and Organizational Change:
Leadership: Definition nature and skills of leadership importance of leadership
theories of leadership leadership styles.
Organizational change: meaning, definition, nature of work change types of change
Pressure for change factors affecting change reasons of change and resistance to
change strategies to overcome to resistance to change
References:
1. Organizational behavior by Appannaiah, Reddy, Kavita Himalaya publishing house
2. Organizational behavior by Ram Chandra, Shiva Kumar Himalaya publishing house
3. Organizational behavior by Stephen Robbins PHI publications
4. Organizational behavior by Fred Luthans PHI McGraw Hill publications.
Quantitative Technique II
Module - I: Index Number:
Simple aggregate methods, simple average of price relatives method, laspeyres
method paasches method, fishers ideal index numbers, weighted average of
price relative method.
Module - II: Probability:
Concept of probability, classical frequency and subjective Approaches, concept
of mutually exclusive events, independent, conditional Probability
Module - III: Probability Distribution:
Concept of probability distribution, Binomial distribution, Poisson distribution,
Geometric Distribution, Normal distribution, and its standardization (only
definitions, properties and applications, no derivations).
Module - IV: Introduction to sampling and sampling distribution:
Determination of sample size, Testing of hypothesis; Different types of
hypothesis decision table. Type I & II Errors, level of significance, power of test,
testing of means
Module - V: Proportion and Variance:
Usage T and F tests (for small and large samples), One sample and two
sample setup Chi-square goodness of fit and independence of attributes
Module - VI: Business Decision based on above concepts (Module I, II, III,
IV, and V)
NOTE: The students are expected to answer theory and solve practical
problem.
References:
1. Statistics for Management by R L and Rubin D S (PHI Publications)
2. Quantitative Techniques for Managerial Decisions by K Srivastava G V
Shenoy (Wiley Easter Publication)
3. Statistical Methods by S P Gupta (Sultan Chand & Sons Publications)
4. Business Statics by S C Gupta and Indra Gupta (Himalaya Publications)
Financial Accounting
Module - I:
Accounts of Non Trading Concern: Preparation of Receipts & Payments Account
Income & Expenditure Account and Balance Sheet.
Module - II:
Meaning Merits and Demerits of Single Entity System Ascertainment of profit / Loss
under Single Entry system. Conversion of Single into Double Entry preparation of
final Accounts
Module - III:
Dissolution of Firm: Meaning and Causes for Dissolution. Insolvency of a Partner
Applicability of Gamer Vs Murray Rule. Amalgamation of Meaning and Objectives,
Journal & Ledger Accounts in old Firms Preparation of Amalgamation Balance Sheets.
Module - IV:
Consignment: Meaning Consignment Versus Performa Invoice Account sales
Consignment Losses Types of Commission Valuation of Closing stock cost Price &
Invoice Price Method.
Branch Accounts: Branches dealing with Cash Sales , Credit Sales, Goods received at
Cost Price and Invoice Price Stock & Debtors system ( Excluding independence
branch and foreign branches).
Module - V:
Hire Purchase & Installment System; Calculation of Interest and Cash Price Journal &
Ledger (Simple numerical problems).
References :
1) Financial Accounting for Managers S N Maheshwari
2) Financial Accounting Shukla and Grewal
3) Financial Accounting B S Raman
4) Advanced Accounting Radhaswamy & R L Gupta
5) Advanced Accounting S P Jain & K L Narang
6) Financial Accounting Vol. I & II M B Kadkol
7) Advanced Accountancy M C Shukla & TS Grewal
8) Advanced Accounting Vol. I II & III- B S Raman
9) Modern Accountancy Pandey G D
10) Three Dimensional Accountancy Samuel
Managerial Economics
Module I :
Definition, nature and scope of managerial economics, micro and macro economics,
strategic / role and responsibilities of managerial economics
Module II :
Demand and supply analysis; demand, meaning factors determining demand, law of
demand elasticity of demand meaning types price elasticity, income elasticity and
cross elasticity of demand, methods of demand forecasting supply definition law of
supply
Module III:
Production analysis: production function, laws of production; long term laws of
production (production with two variable inputs), isoquant curve and its properties,
isoquant map and economic region of production including forms of isoquants; laws of
returns to scale through production function. An outline of Cobb Douglas production
function optimal input combination (least cost combination of inputs)
Module IV :
Cost Concepts, classification, cost curves during short and long periods cost control
and cost reduction
Module V : Pricing theory and practices; pricing policies, skimming and penetration
pricing, pricing under different market conditions; price discrimination. Profit
management, meaning and nature of profit, economic and accounting profit, and
profit planning, break even analysis.
Note : Simple case to illustrate the application of economic tools to business situations
should form the basis for class room discussions.
References:
1) Managerial Economics by Peterson and Levis (PHI Publications)
2) Managerial Economics by D N Dwivedi (Vikas Publications)
3) Managerial Economics by P.N Mishra (Pragat Prakashan Publication)
4) Managerial Economics by D. M Mithani (Himalaya Publications)
SEMESTER III
3.1 Business Environment
3.2 Corporate Accounting
3.3 Human Resource Management
3.4 Fundamentals of Computers
3.5 Entrepreneurship Development
3.6 Advertising and Media Planning
SEMESTER IV
4.1 Fundamentals of costing
4.2 Indian constitution
4.3 Environmental Studies
4.4 Computer Application for Business
4.5 Financial Management
4.6 Business Research Methods
4.7 Management of Training & Development
Fundamental of Costing
Module I:
Introduction to Cost Accounting Nature of Cost accounting Cost Principles, Cost
Concepts, Cost Analysis, Cost Drives and Cost Management
Module II:
Elements of Costing Material Management Meaning of Material and Classification
Functions of purchase department stock levels material pricing (FIFO, LIFO, SAP
AND WAP only)
Module III:
Labour meaning 0 direct and indirect labour labour cost control methods of wage
payment.
Module IV:
Overhead meaning and classification pre parathion of departmental distribution
summary (primary and secondary)
Module V:
Methods of costing output costing, job costing, contract costing, process costing and
operating costing, and activity based costing, target costing.
References:
1) Cost accounting Principles and Practice by M N Arora (Vikas Publications Pvt Ltd.)
2) Cost Accounting by I.M Pandey (Vikas Publications Pvt. Ltd)
3) Cost Analysis and control A management approach by Hall mag and Sharvan
(Himalaya Publication House)
4) Cost Accounting by P T Pattashetty and D R Pallekar
5) Cost Accounting Vol. I &II by B S Raman
6) Cost Accounts by S P Jain and K L Narang
7) Cost Accounting Theory by L Swaminaran
Indian Constitution
Module I:
a) Meaning of the term constitution
b) Making or Framing of the Indian Constitution 1946 1949 and Role played by Dr.
B R Ambedkar
Module II:
a) Salient features of the constitution
b) Preamble of the constitution
Module III:
a) Fundamental Rights meaning, importance and content
(scope) and Fundamental Duties.
b) Directive Principles of state policy meaning and content
Module IV:
a) Union Government
i)
Legislature (Parliament) composition, powers and functions of the two
houses.
ii)
Executive president election powers and functions Prime MinisterAppointment, powers and functions
iii)
Judiciary supreme court- composition, organization and jurisdiction
b) State Government
i)
Legislature composition powers and functions.
ii)
Executive governor and Chief Minister appointment powers and
functions.
iii)
Judiciary High Courts Composition, organization and jurisdiction
Module V:
a) Democratic Decentralization 73rd and 74th constitutional Amendments.
b) Special Rights or Provisions created in the constitution for Details
Backward Classes, women, children and minorities
References:
1) J. C. Johari The constitution of India, A Politico Legal study sterling publishers
PVT. Ltd . New Delhi.
2) M.V. Pylee Indias constitution S Chand & Company New Delhi
3) P.M Bakshi Constitution of India universal law publishing co.Pvt Ltd New Delhi.
(selective comments)
4) Subhash C Kashyap Our Constitution National Book Trust New Delhi
5) Brij Khishore Sharma Introduction to the Constitution of India Prentice Hall of
India private Ltd New Delhi
Financial Management
Module I:
Introduction, Meaning of Business Finance, definitions of corporate finance/ financial
management, objectives of financial management, profit maximization, wealth
maximization.
Module II:
Financing decisions; Financial and operating leverage, capital structure theories,
capital structure planning and policy.
Module III:
Analysis of capital budgeting decisions- significance capital budgeting process
investment evaluation criteria payback period Rate of return method net present
value method IRR method Profitability Index Risk analysis in capital budgeting.
Module IV:
Management of working capital concept, Need for working capital, Determinants of
working capital, estimating working capital needs, Financing current assets, cash
Management, Receivables management and inventory management .
Module V:
Dividend decisions: Dividend theories, Dividend policy, Factors influencing dividend
Policy.
Note: Quantitative treatment of the subject matter is required. The students are
expected answer theory questions and solve practical problems.
References:
1) Financial Management Text and Problems by M Y Khan and P K Jain
2) Essentials of Financial Management by I M Pandy (Vikas Publicating House Pvt Ltd)
3) Financial Management by Prasanna Chandra ( Tata McGraw Hill)