MBA Syllabus 2012

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MAHATMA GANDHI UNIVERSITY

KOTTAYAM

REGULATION

1. COURSE OBJECTIVES
The MG University MBA program is designed with the following objectives:
1. To develop young men and women in to professional managers to manage all
sectors of the organized economic activity.
2. To equip the youngsters with conceptual and interpersonal skills and social
purpose for managerial decision-making and its execution in real situations.
3. To develop and encourage the entrepreneurial capabilities of young generation
to make them effective change agents.
4. To meet the demand for trained and professional people in the country at the
top level management of business and industrial organizations in the light of
the new economic and industrial policy of the country.

2. COURSE DURATION
The MBA (Full Time) programme of Mahatma Gandhi University shall be spread
in two years duration with 4 Semesters. Each semester shall comprise of a minimum of
16 instructional weeks of 5 days each of 5 hours a day (total contact hours 400).
Continuous Internal Evaluation during the course period and University examination at
the end of each semester shall be conducted. There shall be a semester break of 15 days
each in addition to the usual Onam, Christmas and summer holidays.

3. ELIGIBILTY FOR ADMISSION
1. A pass in any Bachelors Degree Examination of Mahatma Gandhi University
or an equivalent degree of any other universities duly recognized by
M.G.University with not less than 50% marks in the aggregate for all parts of
examination or a Masters Degree examination with 50% marks in aggregate.
2. SC/ST students
A pass in any Bachelors Degree examination is needed for SC/ST candidates

4. ADMISSION PROCEDURE
Admission to MBA Degree programme of the study shall be on the basis of merit
as determined by MAT/CAT/XAT /MGU-MAT and Group discussion & interview
conducted by Mahatma Gandhi University. A five member committee will be constituted
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by Hon. Vice Chancellor for conducting the admission procedure for MBA Programme
including MGU MAT, Dean Faculty of management will be the Chairman of the
Committee and Director, School of Management and Business Studies shall be the
member secretary. Among the five members, two members will be from the affiliated
colleges of MG University where MBA programme is going on, one member will be a
university professor in management school outside Mahatma Gandhi University. MGU-
MAT will be conducted by School of Management and Business Studies, monitored by
the above mentioned committee.
A rank-list shall be prepared on the basis of the sum of the following three components.
a) Test Score 80%
b) Group Discussion 10%
c) Interview 10%
Candidates will be called for the interview on 1:3 basis.
Based on the score in the test candidate shall be short-listed for Group
Discussion and Personal Interview. While preparing the rank list, if there is same index
marks for more than one candidate, he/she will be ranked on the basis of actual marks
obtained in the qualifying exam. Even after this, there is a tie; they will be ranked on the
basis of date of birth that is the elder person is to be ranked higher. Based on the
performance on the written test, Group Discussion and interview, merit list will be
prepared and published by the committee.
Out of the total sanctioned seats, 50% shall be merit quota (govt. quota) and
50% shall be management quota. Merit quota shall be filled strictly in accordance of the
institutional preference opted by the student. Allotment will be done by the admission
committee.
Options will be collected by the University from the candidates during
counseling and will make allotment of candidate to different institutes on the basis of
merit. Reservations applicable as per govt. rule. Based on this, allotment letter will be
given by the university to the candidates and the college shall give admission to the
candidates in the merit quota (govt. quota).
If sufficient candidates are not joining in the merit quota seats, the college
shall report the matter to the university and with the written permission of the university
the college management may fill the seats from the merit list.

5. FEE STRUCTURE
For affiliated aided institutions govt. fee structure is applicable to both merit
and management seats. For unaided affiliated institutions the fee structure will be decided
by fee fixation committee nominated by govt. of Kerala from time to time.
Any form of capitation is strictly prohibited.

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6. LIST OF COURSES OF MBA PROGRAMME

FIRST SEMESTER
Course
No
Title
Internal
Evaluation
Marks
External
Evaluation
Marks
Total
Marks
CC01 Principles of Management 40 60 100
CC02 Managerial Communication 40 60 100
CC03 Managerial Economics 40 60 100
CC04 Accounting for Management 40 60 100
CC05 Quantitative Methods for Management 40 60 100
CC06 Legal Environment of Business 40 60 100
CC07 Computer Application in Business 40 60 100
CC08 Organisational Behavior 40 60 100
Total 320 480 800

SECOND SEMESTER
Course
No
Title
Internal
Evaluation
Marks
External
Evaluation
Marks
Total
Marks
CC09 Financial Management 40 60 100
CC10 Marketing Management 40 60 100
CC11 Human Resource Management 40 60 100
CC12 Operations Management 40 60 100
CC13 Environment Management 40 60 100
CC14 Operations Research 40 60 100
CC15 Research Methodology 40 60 100
CC16 Management Information Systems 40 60 100
CC17 Viva-Voce 100 100
Total 320 580 900

THIRD SEMESTER
Course
No
Title
Internal
Evaluation
Marks
External
Evaluation
Marks
Total
Marks
CC18 International Business 40 60 100
CC19
Business Ethics & Corporate
Governance
40 60 100
EC 1 ELECTIVE 1 (Major Specialization) 40 60 100
EC 5 ELECTIVE 5 (Minor Specialization) 40 60 100
CC 20 Organization Study 40 60 100
Total 360 540 900
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FOURTH SEMESTER
Course
No
Title Internal
Evaluation
Marks
External
Evaluation
Marks
Total
Marks
CC21 Strategic Management 40 60 100
CC22 Project & Comprehensive Viva Voce - 200 200
Total 160 440 600

TOTAL MARKS 3200

7. LIST OF ELECTIVES

1. Marketing Management
2. Financial Management
3. Human Resource Management
4. Information Systems
5. Production and Operations Management
6. International Business
8. COURSE CALENDER
Date of announcement of the course will be done by the university. In
order to streamline the MBA programme, colleges are permitted to make their individual
announcement of the course only after the course announcement of the university. The
course calendar published by the university should be strictly followed for ensuring
timely conduct of the course, examinations and publication of results. The course
calendar should be prepared by convening a meeting of Principals / Directors of all
affiliated management colleges / institutes. This meeting should be convened before the
announcement of MBA programme, each year. Semester classes should be started and
completed on the stipulated dates at all affiliated colleges / institutes as notified by the
university.
With in a week after the commencement of classes of the first semester
MBA, Head of each institution should forward the list of faculty members working in the
college / institutes along with their qualifications and years of teaching experience,
specialization and other relevant details to the university in a format given by the
University. Affiliated aided colleges are exempted from this provision. Head of each
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institution shall ensure the availability of sufficient number of regular faculty members
having experience and qualifications as per AICTE / UGC guidelines in the institution.

9. SCHEME OF THE COURSE
1. The Full time Two-year MBA programme will have four semesters each having 18
work weeks.

2. The First and Second semesters each will have 8 full Courses with 75 contact hours
each. All these courses are core courses. Each course carries 100 marks (Internal 40 and
External 60). In addition, an External Viva-Voce examination will also be conducted at
the end of the Second Semester. There will be a total of 1700 marks for First and Second
Semesters (800+900).

3. The Third Semester will have 8 courses with 75 contact hours each and a placement in
connection with an organization centered study. Out of the 8 courses two are compulsory
and other 6 are electives. Of the six electives 4 courses from one major functional area
opted by the student and remaining 2 in another minor functional area opted by the
student. Every student has to undergo a placement work and produce a report on an
organization centered study based on the organization to which he/ she is deputed. This
study and the report will be treated as full course carrying 100 marks. The internal marks
for the organization study will be awarded by means of seminar presentation cum viva-
voce conducted by a board appointed for this purpose by the Faculty Council of the
Institute. Students are permitted to do their organization study only in a nationally or
internationally reputed business organization for a period not less than 4 weeks. While
selecting the organization students should make sure those four functional areas such as
Production, Marketing, Finance and HR Departments are available in those organisations.
There will be a total of 900 marks in the third semester.

4. For the Forth Semester, there are 4 full courses of which one is compulsory. Of the
remaining 3, two subjects will be from the major functional area opted by the student and
one form the minor area opted by the student. In addition the students are required to do a
project Work of a problem centered nature and the Dissertation is to be submitted before
the commencement of Fourth semester examination. Total duration of this project study
is 8 weeks and total marks for the dissertation is 200. Project work should be done in a
nationally or internationally reputed organization. Students are expected to select the
project study from any one functional area that they have opted as their major functional
area. Training should be done strictly under the supervision of an executive allotted by
the organization. An attendance certificate should be obtained from the organization as a
proof of the successful completion of the training and the same should be incorporated in
their project report. For the preparation of the Project report the Head of the Department
will entrust one Faculty Member to supervise the student. There will be comprehensive
viva at the end of the fourth semester along with the evaluation of the project report.

5. The electives offered in the third and fourth semesters will be depending on the
preference, aptitude of the students, availability of the Faculty and other facilities in the
institution.

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6. Total marks for third and fourth semester will be 1500 (900+600).
7. All clauses of MBA Regulation ( Full Time) 2010, except which are under the
consideration of Hon. High Court of Kerala are applicable along with these scheme and
syllabus.
8. List of courses mentioned in the MBA Regulation (Full Time) 2011 is replaced and
modified by the list of courses appended in the new scheme and syllabus.

10. SCHEME OF EXAMINATION AND RESULTS
Assessment of students:
Assessment of students for each course / subject will be done by internal continuous
assessments and end semester examinations. Internal assessment shall be conducted
throughout the semester. It shall be based on internal examinations and assignments
as decided by the faculty handling the course. Assignments includes homework,
problem solving, group discussions, quiz, term project, spot test, software exercises
etc. Details of assignments of every semester shall be submitted by the faculty
members in an assignment book to the principal / director of the institution. This is to
facilitate uniformity in the internal evaluation process.
End semester examinations of all subjects will be conducted by the university.
1. There shall be four sets of examinations to be conducted at the end of each
semester of 3 hours duration for each course.
2. The marks required for a pass is 50%. There is separate minimum for all courses
and for internal and external (University) examinations.
3. No student shall be permitted to appear for the university (external) examinations
unless he/she secures at least 50% marks in the internal evaluation in each course
The distribution of internal assessment marks will be as follows:
1.Periodical tests (subject to a minimum
of 3 tests for each course) 60% (15 marks)
2.Assignments, Seminars, group discussions
term projects etc. 30%(15 marks)
3.Classroom participation, attendance
punctuality and discipline 10%(10 marks)

4. Candidates who have secured not less than 60% marks in the aggregate of total
marks for all papers in four semesters (both internal and external together) in the
examination shall be declared to have passed the MBA degree examination in first
class.
5. Candidates who obtain an average of not less than 75%of the total marks (as
explained in clause 4 above) shall be declared to have passed the MBA degree
examination with Distinction.
6. The internal assessment marks shall be awarded by the concerned faculty member
in charge of the course based on the guidelines stipulated in clause 3 above. A
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systematic record for the award of internal assessment marks shall be maintained in
the department duly signed by the concerned faculty members and counter signed by
the Head of the Department. It should be placed in the notice board two weeks before
finalising the marks.
7. In case a candidate fails to secure the required minimum of 50% marks in internal
assessment, he may secure it by repeating the course altogether in a regular class or
by taking the course with a faculty member assigned by the Head of the Department
in a subsequent semester provided that the candidate has failed to obtain the 50%
marks in the first instance, but such improvement in sessionals in the same paper can
not be attended more than once.
8. Candidates for the MBA degree shall be eligible to undergo the course of study in
the next semester and take the examination of that semester, irrespective of the results
of the examinations of the previous semester provided they have completed all the
formalities of attendance, payment of all fees due to the university and registration for
the examinations in the earlier semesters.
11. REGISTRATION FOR EACH SEMESTER

Every candidate should register for all subjects of the end semester
examinations of each semester. A candidate who does not register will not be
permitted to attend the end semester examinations. He shall not be permitted to attend
the next semester.
1. No student shall be allowed to appear for the university examinations (written and
viva-voce), if he/she has not secured 75 % attendance for each course.
2. For a student to claim specialization in any functional area he/she must have taken
a minimum of 6 courses in that area of specialization.

12. IMPROVEMENT
Candidates shall be allowed to improve the result of any subject along with the
examination of their immediate junior batch. There will be no supplementary examination.
13. EXAMINATION MONITORING CELL

Head of each institution should constitute an examination-monitoring cell at the
institution for supervising all examinations especially the internal examinations. This cell
with a senior faculty member as convener shall consist of minimum three faculty
members (one shall be a lady). A clerical staff having computer skill shall be assigned for
assisting the examination monitoring cell.

13. (a) The following are the collective responsibilities of the examination-monitoring
cell.
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1. Schedule and conduct all internal examinations

2. Act as the examination squad to keep a vigil on all internal and university
examinations.
3. To receive any complaints from students regarding issues like out of syllabus
questions, printing mistakes etc. of end semester examinations. The cell shall
investigate these complaints and if necessary forward to university with specific
commends.
4. To receive any complaints from students regarding internal examinations, award of
marks and any allegation of victimization. Enquire such incidents and give a report to
the head of institution for necessary action.
5.To function as a wing of the office of the Controller of the Examinations of the
university at institution level.

14. CLASS COMMITTEE
Head of institution shall take necessary steps to form a class
committee for each class at the beginning of classes of each semester. This committee
shall be in existence for the concerned semester. The class committee shall consist of
Head of Department as Chairman of the committee, Faculty advisor of the class, a senior
faculty member of the department and three student representatives (one of them should
be a girl). There should be at least two meeting of the class committee every semester. It
shall be the responsibility of the Head of Department to convene meetings.
14. (a) Responsibilities of Class Committee
1. To review periodically the progress and conduct of students in the class.
2. To discuss any problems concerning any subject in the concerned semester.
3 Maintain strict vigil against ragging.

4. Any other relevant issues.

15. MBA Degree Programme Syllabus appended

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SYLLABUS MBA
(EFFECTIVE FROM 2012 ACADEMIC YEAR ONWARDS)

CC 01- PRINCIPLES OF MANAGEMENT
Module I
Management- Definitions- Nature and significance- Management as a Profession -
Evolution of management and major schools of thought- Early management thoughts
Modern management thoughts.
Module II
Managerial functions, Planning steps types of plans, basics of strategies and policies
Formulation Evaluation Correction.
Module III
Organizing basic concepts - Centralization and Decentralization,- Other elements of
Organizing Staffing, Directing, Controlling process & basic methods, Coordinating.
Management by Objectives -- Organisational Structure: Departmentation -Line/Staff
Authority and Decentralization.
Module IV
Co-ordination functions in Organisation - Human Factors and Motivation, Committees
and group decision making - Communication - Decision making in organizations:
Influences-Individual differences and organizational constraints. Leadership- Styles,
Behavioral and Situational approaches. Leadership effectiveness, Stress- sources,
consequences, Managing Stress.
Module V
The System and Process of Controlling - Control Techniques and Information
Technology - Overall Control and toward the Future through Preventive Control -
management of conflicts, Negotiation Process, Bargaining Strategies. Power bases of
power. Organisational politics. Organisational Culture and climate, Organisational
Change and Development- Basic concepts.
References
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1. Koontz Harold, and ODonnel, Principles of Management, Mc Graw Hill, India
2. George R. Terry and Stephen G. Franklin, Principles of Management, All India
Book Seller, New Delhi.
3. Stone, Wankai, Management, PHI, New Delhi.
4. Weirich, Koontz, Management - A Global perspective, McGraw Hill. India.
5. Dr. K.Sreeranganadhan and G.G.Mathews, Styles of Management in the
Industries in Kerala, Serals Publications, New Delhi.

CC 02 - MANAGERIAL COMMUNICATION
Module 1
Principles of communication Types of communication Methods and media of
communication Process of communication Barriers to communication Strategies for
improving communication effectiveness.
Module II
Organizational Communication Principles of effective organisational communication
Causes of poor organizational communication Types of organisational communication
Grapevine communication Communication for inter personal influences Effective
leadership communication Cross culture communication, Crisis Communication.
Module III
Verbal and non verbal communication in business Public speaking skills Business
presentations Role of audio visual aids and computers in oral presentations
Interviewing art of negotiation Listening skills Mannerisms Body language.
Technology and communication- Video conferencing
Module IV
Written Communication Structures and methods of written communication writing
process letter for different kinds of situations Enquiries Customers complaints
Collection letters Sales promotion letters Memoranda Directives and instructions
Notices Reports Memos Agendas Proposals Minutes Professional papers
Agreement documents Press releases Preparation of resumes.
Module V
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Conducting meetings Procedure Preparing agenda , minutes and resolutions
Conducting seminars and conferences Group discussion Drafting speech Report
writing Structure of reports Long and short reports Formal and informal reports
Technical reports Norms for including Exhibits and Appendices.
References
1. Raymond V Lesikar et. Al., Business Communication Marketing connections in
a digital world, TMH, New Delhi.
2. Herta A Murphy & Charles E Pick , Effective Business Communication, TMH,
New Delhi.

CC 03- MANAGERIAL ECONOMICS

Module I
Introduction: Basic economic problems Economic System Micro and Macro
economics Managerial economics Nature and scope Fundamental concepts of
Managerial economics Incremental concept, Discounting concept, Opportunity cost
concept, Time concept, Equi-marginal concept Business Decision making Certainty,
Risk and Uncertainty Applications of economics in managerial decision making.

Module II
Demand Analysis: Demand Demand function Demand distinctions Elasticity of
Demand Different types of elasticity Applications Measurement of Elasticity.
Demand forecasting Techniques. Utility Equilibrium of the consumer using cardinal
and ordinal utility (Indifference curves) Income effect and substitution effect.

Module III
Supply: Theory of Production Production function Laws of Returns Economies of
scale and Economies of scope Isoquants Best Production possibility Cost Analysis
Cost concepts Short run and long run cost curves Managerial uses of Long run cost
curves Revenue Analysis Revenue curves.

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Module IV
Market: Definition Classification of Markets Importance of understanding market
structure Different types of market based on competition Perfect and Imperfect
competition Monopoly Price and output determination under perfect competition,
monopoly, monopolistic competition and oligopoly Kinked Demand curve Monopoly
price discrimination and its conditions Non Price competition.

Module V
Instruments of Macro Economic Policy: Circular Flow of Income National Income
Concepts of National Income Methods of measuring National Income Product
Approach, Income Approach and Expenditure Approach Business Cycle Inflation and
Deflation Fiscal Policy Budget Deficit and Debt Government Budgetary Policy
Monetary Policy Instruments of Monetary Policy Balance of Payment.

References
1. P.L. Mehta Managerial Economics Analysis, Problems and Cases Sultan
Chand & Sons, New Delhi.
2. V.L. Mote Managerial Economics Tata McGraw Hill, India, New Delhi.
3. K.K. Dewett Modern Economic Theory: Micro and Macro Analysis Orient
Book Distributors, New Delhi.

CC 04- ACCOUNTING FOR MANAGEMENT

Module I
Meaning , Definition and needs of accounting business decisions : Forms of accounting
and users of accounting information - Framework of accounting postulates - principles -
conventions -concepts -procedures methods etc. accounting equations and types of
accounts -rule of recording business transactions.
Module II
Preparation of basic accounts journal to trial balance, income statement- position
statements- (P&L A/C and Balance Sheet) and adjustment entries.

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Module III
Ratio Analysis -its meaning and uses - study of liquidity ratios and leverage ratios - Study
of profitability ratios and activity ratios -Meaning - uses and preparation of functions
flow statements -meaning, uses and preparation of cash flow statements.
Module IV
Costing as an aid to management- presentation of various costs in proper format -
marginal costing and absorption costing- cost volume profit analysis- its assumption and
calculation- managerial uses of break even analysis; activity based costing- Budgetary
control.
Module V
Meaning and uses of standard costing-procedure of setting standards- variance analysis-
one way and two way analysis of variance- overall cost variance- material variance-
labour variance and overhead variance- material price variance- material usage variance-
material yield variance- material mix variance-labour cost and time variance- labour mix
and yield variance - overhead volume and expenditure variance -responsibility
accounting and report writing.

References
1. M.N.Arora, Accounting for Management, Himalaya Publishing House, New
Delhi.
2. Colin Drury, Management and Cost accounting, Cengage Learning , New Delhi.
3. S N Maheswari, and S K Maheswari, Advanced Accountancy, Vikas Publishing
House, New Delhi.
4. Dearden J and Bhattacharya S K , Accounting for Management Text and cases ,
Vikas Publishing House, New Delhi.
CC O5 -QUANTITATIVE METHODS FOR MANAGEMENT

Module I
Vectors and Matrices Multiplication, Inverse and solving systems of equations Sets,
Relations and functions - Arithmetical operations involving matrices. Determinants,
Inverse of a matrix. Solution of simultaneous equations using matrices.

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Module II
Introduction to Calculus Basic concepts of Differentiation- Derivatives Equations of
Standard derivatives- Rules of differentiation Derivative of Composite function -
Derivative of Exponential functions - Derivative of Logarithmic functions - Derivative of
Inverse functions - Derivative of Parametric functions- Derivative of Implicit function-
Successive Differentiation Applications of Differentiation Maxima & Minima.
Basic concepts of Integration Indefinite Integral Fundamental Formulae- Different
methods of Integration- Definite Integral- Application of Integration in Business.
Module III
Basic Probability concepts Addition and multiplication theorems of Probability,
Marginal, Joint and Conditional Probability - Bayes theorem and its business
applications. Probability distributions Binomial, Poisson, Normal, Exponential
distributions- Business applications.
Module IV
Correlation and Regression analysis: Correlation: Different types of correlation Karl
Pearsons correlation coefficient - Spearmans Rank correlation coefficient Concurrent
deviation method Coefficient of Determination. Regression analysis: Line of best fit-
Least square method- Business applications.

Module V
Time Series analysis Different components of time series- Application of Time series in
Business forecasting. Index Numbers Different types of Index Numbers. Business
applications of Index Numbers.
References
1. Levin, Richard I, Rubin David S, Statistics for Management , Prentice Hall India.
2. Naval Bajpai, Business Statistics Darling Kindersley (I) Pvt Ltd.
3. Sanchetti, D.C, Kapor, V.K , Business Mathematics : Sultan Chand & Sons, New
Delhi.

CC06- LEGAL ENVIRONMENT OF BUSINESS
Module I
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Introduction Sources of law and interpretation of law Classification of Law-Principles
of natural justice History of Indian judicial system.
Module II
Law of contract Essential features of contract-offer-acceptance-consideration ---
Different types contract - Performance of contract- Discharge of contract Breach of
contract, Damages-Indemnity and Guarantee.
Module III
Negotiable Instruments Act- 1881-cheques Bills of Exchange Promissory
Notes - Definitions and Characteristics of Negotiable Instruments Dishonor and
Discharge of Negotiable Instruments- Latest laws relating to Negotiable
Instruments.
Sale of goods Act-1930-Conditions , Warranty, Agreement to sell.
Module IV
Company Law Types of companies Incorporation Memorandum - Articles of
Association Prospectus . Winding up of companies Types.
Module V
Consumer Protection Act 1986 Consumer Redressal Mechanisms- Foreign Exchange
Management Act -1999- Objectives and Features - Cyber laws Intellectual Property
Rights. Patents, Trademarks, Designs, - implications on business.
References
1. Dr.Avathar Sing, Company law, Eastern book Company, New Delhi.
2. A.K. Majundar and Dr. G.K.Kapoor, Company Law & Practice,s Sultan Chand
& Sons, New Delhi.
3. B.S.Moshal, Mercantile Law, Ane Books, New Delhi.

CC07- COMPUTER APPLICATION IN BUSINESS

Module I

16

Introduction to Computers: Hardware - Software - Systems Software, Application.
Software and Packages - Introduction to Embedded Software Computer Architecture .
Fundamentals of Operating Systems- Windows & Linux.

Module II

Operating systems- Windows MS Office- Text processing using word- Functions. MS-
Excel - , Graphs, Basic statistical formulae using MS Excel , MS-Power Point -Creating
Effective Presentations.

Module III

Microsoft Access - Introduction to DBMS concepts, Creating a Database. Database
functions Database creation Sorting, Indexing and report- Programming using
software. Applications of computers in documentation, Preparation and making reports,
Preparation of questionnaires, presentations, Tables Charts and graphs.

Module IV

Data Communication and Computer networks. LAN and WAN- Communication through
computer networks- Security, Analog & Digital Signals, Bandwidth, Network Topology,
Packet Transmission.

Module V

World Wide Web and Business Community, Internet, E- Mail with TCP/IP. ERP
fundamentals- Introduction to SAP.

References

1. Leon & Leon Introduction to Computers, Vikas publishing House, New Delhi.
2. June Jamrich Parsons, Computer Concepts, Thomson Learning, New Delhi.
3. Comer , Computer networks and Internet, Pearson Education, New Delhi.
4. White, Data Communications & Computers Network, Thomson Learning, New Delhi.

CC08- ORGANISATIONAL BEHAVIOUR
Module I
Introduction to the concept and relevance of Organisational Behaviour in Modern
Management- Individual Behaviour- Personality- Values, Attitudes, Perception,
Theories of Personality,Learning.
Module 11
17

Motivation: Theories of Motivation- Application of Motivation in work place- QWL-Job
Enlargement- Job Enrichment-Job rotation-Job satisfaction and morale .
Module III
Leadership; Leader v/s manager- Leadership styles- Concepts and theories Trait,
Behavioral and situational- Transactional and Transformational Leaderships- Leadership
effectiveness- Power, sources of Power.
Module IV
Group Behaviour- Group Formation and development- Group Dynamics- Team Building
structure of groups- Group Efficiency - Group Norms Cohesiveness- Group
effectiveness- Group Decision Techniques- Application of Fundamental Interpersonal
Orientation- Kinesics- Body Language.
Module V
Organizational Culture- Concept- Creating and Sustaining Culture - Organizational
Change - Resistance to Change- Managing Change - Work Stress- Sources and
consequences - Organizational Role Stress- Emotional Intelligence & Emotional
Quotient- Conflict Transactional Analysis & Johary Window - Organizational
Development.

References
1. Fred Luthans, Organisational Behaviour, New York, McGraw Hill.
2. A.F.Stoner and Charles Wenkel, Management New Delhi, Prentice Hall of India.
3. Stephen P Robins, Organisational Behaviour, Pearson Education.

CC09 -FINANCIAL MANAGEMENT
Module I
Financial Management - Scope - Role of Financial Management in Business-Time value
of money-Risk and Return- Risk diversification.
Module II
Long-term investment decisions Capital budgeting, Different techniques Traditional
and modern methods (DCF method) Capital Rationing Risk Analysis in Capital
budgeting An overview of Cost of Capital.
Module III
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Financing decisions Operating, Financial and combined leverage Capital Structure
Meaning and importance- Theories of capital structure Net income, Net operating
income and MM approach (Hypothesis).
Module IV
Dividend decisions Dividend policy (Walter Gordon and MM approach) Types of
Dividend- Legal and Procedural aspects of payment of Dividend.
Module V
An overview of Working Capital Management Inventory, Cash and Receivable
management and Management of surplus Working Capital Financing and Long term
Financing, Current Liabilities Management size and sources- Money Market Banks
Regulation of Working Capital Finance in India.

References
1. Van Horne James, Financial Management Policy, Prentice Hall India
2. I M Panday, Financial Management, Vikas Publications, New Delhi.
3. Prasanna Chandra, Financial Management, Tata Mc Graw Hill, New Delhi.
4. Khan M Y& Jain P K, Financial Management, Tata Mc Graw Hill, New Delhi.
5. Lawerence J Gitman, Principles of Managerial Finance, Pearson Education
limited. New Delhi.
6. James C Vanhorne, John M Wachowicz Jr, Fundamentals of Financial
Management, Pearson Education Limited, New Delhi.

CC10- MARKETING MANAGEMENT

Module I
Marketing Nature and scope- Marketing as the central function of an organization-
Evolution of Marketing- Marketing as Creating, Communicating and Delivering Value-
Value chain Customer satisfaction as the end of the value chain- Marketing
Environment Internal and External environment- Marketing Research- Marketing
Information System.

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Module II
Strategic Marketing Planning-Elements of Marketing Plan- Buyer Behavior Consumer
buying decision process- Consumer adoption process- Organizational Buying Process,
Market segmentation- Targeting- Positioning- Identifying and analyzing competitors-
Designing competitive strategies -for leaders, challengers, followers.

Module III
Concept of Product- Classification of products- Goods Vs Services- Major product
decisions-Product line and Product mix- An overview of Brand Management- Packaging
and Labeling- Product life cycle- New product development- Pricing- Factors affecting
Price Determination- Pricing Policies and Strategies.

Module IV
Marketing Channels Functions and Flows- Channel Design, Channel Management-
Selection- Training- Motivation and Evaluation of channel members- Retailing and
Wholesaling-Teleshopping Shopping through Internet.
Integrated Marketing Communication Process and Mix-Advertising- Personal selling-
Direct Marketing- Sales Promotion, Publicity and Public Relations Comparative
advantages and disadvantages-Managing the Sales Force .

Module V
Marketing Controls Tools and Techniques of Marketing Control- Marketing of
Services-Industrial Marketing- Marketing Challenges in the Globalized era- Green
Marketing- Consumerism- Rural Marketing in India- Recent trends Mobile Marketing
and other Digital forms like Video platforms, Review sites in Internet.
References
1. Kotler Philip & Keller Kevin, Marketing Management, Pearson Education, India
2. Czinkota Micheal. R & Ronkainen IIkka. International Marketing, Cengage
Learning.
3. Ramaswamy V.S & Namakumari. S Marketing Management Global
Perspective, Indian Context, , MacMillan.
4. Kotler Philip, Keller Kevin, Koshy Abraham & Jha Mithileshwar Marketing
Management A South Asian Perspective, Pearson Education.
20

CC11- HUMAN RESOURCE MANAGEMENT
Module I
Introduction to Human Resource Management-Importance-Scope and Objectives.
Evolution. Line and Staff aspects of HRM, Line managers Human Resource duties.
New approaches to organising HR. Strategic Human Resources Management, Strategic
HRM tools.
Module II
Job analysis: Methods for collecting Job Analysis Information, Writing Job Description&
Job Specification. Human Resource Planning and Recruiting: The Recruitment and
Selection process- Planning and Forecasting, Internal and External sources of candidates,
Managing HR in challenging times
Employee Testing and Selection: Basic testing concepts, Types of Tests. Interview:
Process and Types, Guidelines for Interviews
Module III
Orientation, The Training Process, Training Needs Analysis, Training Techniques- On -
the-Job & Off-the -Job Training Methods, OJT Process , Training Evaluation.
Management Development Programs : Case Study and other Modern Training Method .
Performance Management & Appraisal: Process and Techniques. Career Planning and
Management Concepts.
Module IV
Establishing Pay Rates: Steps, Job Evaluation. Wage and Salary administration- Steps
and factors affecting, Incentives
Benefits and services: Statutory Benefits - Non-statutory Benefits - Insurance Benefits -
Retirement Benefits, Flexible Benefits Programs. QWL
Module IV
Industrial relations: Significance, Objectives, Approaches. Industrial Disputes- Causes,
Forms, Preventive Machinery.
Collective Bargaining: Basic Concepts . Trade unions: Definition, Objectives, Functions
21

Social Security in India, Employee welfare, Grievance Handling and Discipline-Sources
and forms of Grievances -Grievance Procedure, Disciplinary Procedure.
References
1. Gary Dessler & Biju Varkkey, Human Resource Management, Pearson.
2. VSP Rao, Human Resource Management: Text and cases, , Excel Books, New
Delhi.
3. Mizra S. Saiyadain, Human Resources Management, 4
th
Ed, Tata McGraw Hill.
4. Raymond Noe, Employee Training and Development, Tata McGraw Hill.
5. K . Aswathappa, Human Resource Management- Text & Cases, Tata McGraw
Hill.
6. Wayne Mondy, Human Resource Management, Pearson, India.
7. Joe Martocchio, Strategic Compensation: A Human Resource Management
Approach, Pearson, India.

CC12- OPERATIONS MANAGEMENT

Module I
Introduction to Production and Operations Functions, Interaction of Operations
Management with other functional areas of Management Manufacturing and Non
Manufacturing operations and their Classifications Operations Strategy as a part of
Corporate Strategy Operations Planning and Control Operations Forecasting:
Forecasting methods.
Module II
Facility Locations Cost competition and Hidden factors Steps in location selection
Types of Manufacturing Systems and Layout Facility Layouts Layouts by Products
and Process Life balancing Design of Operations Systems : Aggregate planning and
Master Scheduling, MRP, CRP. Material Handling: Principles, Equipments for Materials
Handling.
Module III
22

Work study, Time and Method study: Definition Importance Aims and Procedures
Implications on Productivity Work measurement Work sampling Work
environment Industrial safety Value analysis.
Module IV
Materials Management Functions Material planning and Budgeting Value
Analysis - Purchase functions and Procedure - Inventory control Types of Inventory
Safety stock Inventory Control Systems Perpetual Periodic JIT
KANBAN.
Managing Vendors; Vendor Analysis, Rating and Selection Procedure and Criterions.
Module V
Maintenance Management Function Types of Maintenance Total Productive
Maintenance (TPM). Statistical Quality Control (SQC). Cost of Quality (COQ). ISO
9000 certification. Total Quality Management.
References
1. Everest E Adam, Ebert Production and Operations Management PHI
publication, India
2. Joseph G Monks Operations Management (Theory and Problems ) McGraw
Hill Intl.
3. Chase, Aquilano, Jacobs Production and Operations Management, Tata McGraw
Hill.

CC13- ENVIRONMENTAL MANAGEMNT

Module I
Environment:Components of environment: Lithosphere, Hydrosphere , Atmosphere,
Biosphere, Ecology , Eco- system : Components Biotic and abiotic components , Bio-
diversity : Definition, Principles, Bio-diversity in India.
Module II
Natural resources and Energy management: Depletion of natural resources, Fossil fuels,
Energy sources: Conventional sources, Renewable sources, Energy Management:
Definition, Energy management techniques, Energy Audit, Population growth, Global
Warming, Ozone depletion, Carbon credit, Climate change.

Module III
23

Implementation Impact of Industrial and Business activities on the Environment,
Environmental Degradation, Industrial Pollution Types and Impacts, Managing
Industrial Pollution, Waste Management, Developing Recycling Technologies.
Module IV
Sustainable Development: Definition, Elements, Indicators, Principles, Guidelines for
sustainable development, Concern for environment: Eco-friendly manufacturing,
Packaging , Green marketing, Green funding , Institutional support for establishing and
maintaining Environment Friendly Business.
Module V
Environment Impact Assessment, Environmental Audit, Environment Management
System, Environmental Legislations, ISO 14000, Governmental Institutions for
Environmental Management.

References
1. Bala Krishnamurthy, Environmental Management: Text and Cases, PHI.
2. Arindita Basak, Environmental Studies, Pearson Education.
3. Kaushik, Anubha, Environmental Studies, New Age International.
4. Betz, Fredrick, Managing Technology, Prentice Hall, Englewood cliffs, New
Jersey.
5. Rohatgi, P.K, Rohatgi K and Bowonder. B , , Technological Forcasting, Tata Mc
Graw Hill

CC14- OPERATIONS RESEARCH

Module I
Introduction to Operations Research, Evolution of the field , Scope, Merits and
Limitations Concept of Optimization Decision making through Operation Research
Nature and significance of operations research Models and Modeling in OR General
methods for solving OR models Methodology of OR, Application and Scope of OR
Basic OR models.
Module II
24

Programming techniques Linear programming and applications Linear programming
Graphical methods- Simplex methods , Maximization problems Minimization problems
and Problems involving Artificial Variables Concepts of Duality Sensitvity analysis.
Module III
Transportation problem Transportation algorithms North West corner method
(NWCM) Least Cost Method (LCM) Vogels Approximation Method ( VAM) Modi
method Degeneracy in transportation problem.
Module IV
Assignment problem Solution methods of assignment problem - Network Analysis,
PERT and CPM, Time estimation, Critical Path , Basic Concepts of Crashing , Resource
leveling, Resource Smoothing, Familiarization with Project Management Software
Packages.
Module V
Inventory and waiting line models Inventory control Deterministic models Queuing
models Simulation Monte Carlo simulation.

References
1. Hamdy A Taha, An Introduction to Operations Research, Prentice Hall, ,
2. Ronald L. Rardin, Optimization in Operations Research, Pearson Education,
India
3. Dr. J.K. Sharma, Operations Research Macmillan India Ltd.
CC15- RESEARCH METHODOLOGY

Module I
Nature and scope of Research-Role of research in decision-making - Values and Cost of
Information - Research process.
Module II
Research design (exploratory, descriptive, experimental)- Population, Sample, and
Sampling design-Probability sampling- Non-probability sampling-Techniques- Sampling
error and Non-sampling error.
Module III
25

Data collection - Primary data & Secondary data -Methods & Instruments of data
collection Reliability & Validity, Questionnaire design- Attitude measurement and
scaling- Administration of Surveys.
Module IV
Tabulation and analysis of data - Use of Statistical Software Packages , Hypothesis
testing Confidence level & Significance level- Parametric & Non Parametric tests-
Tests involving one population mean and two population means , z test, t test, chi
square test , F test. ANOVA one way and two way ANOVA. Basic concepts of
Multivariate statistical techniques- Multiple regressions- Discriminant analysis, Factor
analysis- Cluster analysis.
Module V
Qualitative research methods - Case study method Content analysis - Focus group
Projective Techniques In-depth interview. Research reports - Different types of reports
Different formats of research reports- oral presentations of reports. Research
applications in functional areas of management.

References
1. Kothari, C. R, Research methodology: methods and techniques, New Age
Publications, New Delhi.
2. Donald R.Cooper and Pamela S.Schindler - Business Research Methods - Tata
McGraw Hill, India
3. Naresh K Malhotra Marketing Research: An Applied Orientation, Pearson
Education, New Delhi.
CC16 - MANAGEMENT INFORMATION SYSTEMS

Module I
Foundations of information systems: frame work for business users Roles of
information systems system concept Organization as a system components of
information systems IS activities Types of IS.
Module II
Business Information systems Marketing Information Systems Manufacturing
Information Systems Human Resource Information Systems , Financial Information
Systems Transaction Processing System.
26

Module III
Management and Information & Decision Support Systems Management Information
Systems Expert systems Examples, Executive Information Systems, Artificial
Intelligence Technologies .
Module IV
Strategic roles of IS Breaking Business Barriers Business Processes Reengineering
Improving Business Quality Creating Virtual Company Using Internet Strategically
Building knowledge Creating Company Challenges of Strategic of IS Enterprise
wide systems and E- Business Applications.

Module V
Managing information systems Enterprise Management Information Resource
Management Technology Management IS planning methodologies Critical Success
factors Business Systems Planning Computer Aided Planning Tools. Security &
Ethical Challenges _ IS controls Facility Controls Procedural Controls Computer
Crime Privacy issues.

References
1. OBrien, James A Management Information Systems, Tata McGraw Hill, New
Delhi,
2. Marvin Gore, Elements of Systems Analysis & Design, , Galgota Publications.

CC18- INTERNATIONAL BUSINESS
Module I
Introduction to International Business Nature & Dimension of International business
Environment of International Business Economical, Political, Demographical, Global,
Social, Cultural, Technological, Legal Entry strategies for International Business.
Module II
27

Process of Globalization Globalizations of Indian Business WTO, Regional block
International commodity agreement Global Trade Global Supply Chain and Logistics
Management Investment Environment.
Module III
International Economic Institutions IMF, World Bank, UNCTD, UNIDO Asian
Development Bank, - International Trade centre Foreign Exchange Market Mechanism
Determinants of Exchange rate.
Module IV
Export and Import Procedure Licensing & Joint ventures - International Investment
FDI Production linkages, Foreign Investment in India, Cross Border Forex reserve
Over view of Currency Exchange and Risk Management.
Module V
Social responsibility of business,.Country Evaluation & Selection International Asset
Protection, Foreign Trade Policy, Social issues in International Business, Labour issues,
Environmental issues .
References
1. Dr.Francis CherruniIam, International Business Environment, Himalaya
Publishing House
2. Shyam Shukla, International Business, Excel Book, New Delhi
3. Rakesh Mohan Joshi, International Business, Oxford University Press, New
Delhi.

CC19- BUSINESS ETHICS & CORPORATE GOVERNANCE
Module I
Introduction Ethics and morality, Ethics and law, Ethics and ethos, Business Ethics,
Concepts, Importance and benefits, Ethical theories, Values and its relevance in
Management, Values for Managers, Ethics in Business and Indian Value system, Various
approaches to ethics-Indian examples.
Module II
28

Ethical Corporate Behavior, its Development, Ethical leadership with examples, Ethical
Decision Making, Work ethics: nature and scope, Ethical issues at workplace, Ethics and
cultural issues, Environmental Ethics, Ethical dilemma, ethical displacement.
Module III
Ethics in Functional Areas: Operations, Marketing, Finance, HR & I. Technology, Recent
challenges in ethics, Ethics in different countries.
Module IV
Corporate Governance, Corporate Governance initiatives in India and abroad. Corporate
Governance failures with examples, General ethical issues and the court verdicts in the
domain of business ethics, obligation to stakeholders.
Module V
CSR and its significance in Business, social audit Ethical Issues-Corruption, - whistle
blowing-competition-privacy-trade secrets, IP rights, Harassment & Discrimination.
References
1. Manisha Paliwal,. Business Ethics Newage International press. New Delhi.
2. Patyrick J. A. & Quinn J. F. Management Ethics, Response Publishing, New Delhi.
3. Sherlekar, Ethics in Management, Himalaya Publishing, New Delhi.

CC21-STRATEGIC MANAGEMENT

Module I
Introduction to Strategic Management Concept of Strategy, Process of Strategy,
Strategic Framework; Vision, Mission, Objectives and Goals. Strategic Analysis
Environmental Analysis, Competitive forces, Internal analysis SWOT Analysis.
Module II
Business level strategies Cost leadership, Differentiation, Focus. Corporate level
strategies- Stability strategies, Expansion strategies Intensification, Integration,
29

International expansion, Diversification strategies, Merger, Acquisitions, Strategic
alliance, Turnaround strategies.
Module III
Implementation and Control Leadership in Strategic Management; Portfolio Analysis,
BCG Matrix, GEC Model, etc, Control Process Analysis and Follow-up Action for
Control, Evaluation Strategy.
Module IV
Corporate Management; Corporate Policy, Corporate Governance, Top Management,
Code and Laws of Corporate Management, Corporate Scenarios and Strategy; Strategies
for Stable and Dynamic markets, Strategies for Global Markets.
Module V
IT and Strategy, R&D and Strategy, Knowledge Management Knowledge Sources,
Knowledge Creation, KM framework, Trends and Challenges in KM. Innovation and
creativity, Innovation Culture. Building Creative Organization. Corporate Social
Responsibility, Ethics and Values, Philanthropy.

References
1. Glueck,W F and Lavch, L. R Business policy and Strategic Management, Mc
graw Hill, New Delhi.
2. Porter, E, Michael Competitive Advantage Creating and sustaining Superior
Performance. Free press London.
3. Shrivastava, R.M.(1999) Management Policy and Strategic Management
Himalaya Publishing House, Mumbai.
4. A.C.Hax and NS, Strategic Management: An Integrative Perspective, Prentice
Hall, India.
5. Gregory G.Dess and Alex Miller, Strategic Management, McGraw Hill. India

30

MARKETING MANAGEMENT ELECTIVES

MM 01 - AGRI BUSINESS AND RURAL MARKETING

Module 1: Agricultural Marketing: Nature and Scope, Objectives of Agriculture
Marketing, Challenges in Agricultural Marketing, Marketing of
Agricultural Inputs Features Seeds - Fertilizers Pesticides Tractors
- Challenges and Opportunities. An Overview of Indian Agro-chemical
Market. Marketing of Agricultural Products Definition and Scope -
Features of Agricultural Products, Classification of Agricultural Markets -
Methods of Sale - Channels of Distribution.

Module II: Introduction to Rural Marketing: Definition and Scope of Rural
Marketing, Components of Rural Markets, Classification of Rural
Markets, Rural vs. Urban Markets. Population, Occupation Pattern,
Income Generation, Location of Rural Population, Expenditure Pattern,
Literacy Level, Land Distribution, Land Use Pattern, Irrigation, Rural
Development Programs, Infrastructure Facilities, Rural Credit Institutions,
Rural Retail Outlets.

Module III: Rural Marketing Mix Strategies: Rural Product Strategies and Brand
Management Rural Pricing Strategies Rural Distribution Strategies
Rural Promotional Strategies, Challenges in Rural Communication,
Target Audience.

Module IV: Rural Media- Mass Media, Non-Conventional Media, Personalized
Media, Importance of the two-step flow of Communication, Media
Typology, Media Model, Media Innovation, Influence of Consumer
Behaviour on Communication.

Module V: The Future of Rural Marketing: Focused Marketing Strategies, Market
Research, Consumer Finance, Rural Vertical, Retail and IT Models,
Public-Private Partnership, E-Rural Marketing, Role of Government and
NGOs in Rural Marketing.

References:
1. Badi & Badi Rural Marketing, Himalaya Publishing New Delhi.
2. Mamoria, C.B., Badri Vishal Agriculture problems in India, McGraw Hill, New
Delhi.

3. Arora, R.C. Integrated Rural Development, McGraw Hill, New Delhi.

MM 02 - BUSINESS TO BUSINESS MARKETING
31

Module 1: Introduction to Business Marketing: Meaning and Scope, Differences
between Industrial and Consumer Goods Types of Organizational
Customers - Demand for Industrial Goods - Business Market
Segmentation, Targeting and Positioning - Role of CRM.
Module II: Organizational Buying: Factors Influencing Organizational Buying -
Models of Buyer Behavior - Buying Centre Roles - Organizational Buying
Process Stages Buy Classes - Organizational Buying Practices -
Enquiries and Tenders - Supplier Evaluation - Buyer Seller Relationship.
Module III: Role of Marketing in Product Development Process - Managing Industrial
Product Lines - Managing Across Product Life Cycle - Product
Revitalization/Elimination Decisions Characteristics of Pricing in B to B
Market- Factors influencing Pricing - Pricing Methods and Strategies
Leasing.
Module IV: Industrial Channels of Distribution: Types of Distribution Systems -
Choice of Channel Systems - Channel Partners - Managing Channel
Conflicts - Distribution Logistics - Personal Selling - Sales Force
Management - Post Sales Service - Customer Satisfaction and Evaluation.
Module V: Industrial Goods Promotion - Branding of Industrial Products - Creating
Corporate Image - Industrial Advertising - Role of Internet in Business
Market - Industrial Marketing Control.

References
1. Vitale & Giglierano, Business to Business Marketing Thomson South-Western
2. U C Mathur, Business to Business Marketing, New Age International Publishers
3. Robert R Reeder, Edward G. et al, Industrial Marketing, Prentice Hall of India

MM 03 - CONSUMER BEHAVIOUR

Module 1: Introduction to Consumer Behaviour: Nature and Importance of
Consumer Behaviour, Application of Consumer Behaviour in Marketing
- Factors influencing Consumer Behaviour - Consumer Research Process
- Models of CB - Nicosia, Howard & Sheth, Engel-Kollat Blackwell
Models - Levels of Consumer Decision Making - EPS,LPS,RRB.

Module II: Individual Determinants of Consumer Behaviour: Motivation:
Needs/Motives & Goals, Dynamic Nature of Motivation, Arousal of
Motives. Personality: Nature, Theories, Self concept, Psychographic and
Life Style - Perception: Process, Consumer Imagery, Perceived Risk-
32

Learning: Principles, Theories - Attitude: Structural Model of Attitude,
Attitude formation & Change.

Module III: Group Determinants of CB: Reference Group Influence: Types of
Consumer Relevant Groups, Factors affecting Group Influence,
Application of Reference Group Concept - Family: Functions of Family,
Family Decision Making, Family Life Cycle - Opinion Leadership and
Personal Influence - Diffusion of Innovation: Adoption process, Diffusion
process.

Module IV: Environmental Influences on CB: Social Class, Life Style Profile of Social
Class Application to CB, Social Class Mobility - Culture: Meaning,
Characteristics, Factors affecting Culture, Role of Customs, Values and
Beliefs in Consumer Behaviour, Sub-culture: Meaning, Sub-culture
Division and Consumption Pattern in India, Types of Sub-cultures, Cross-
cultural Consumer Analysis: Similarities and Differences among People,
Cross-cultural Marketing Problems in India, Strategies to Overcome
Cross-cultural Problems.

Module V: Organisation and Consumers: Factors Influencing Organisational Buying
Behaviour Consumer and Marketer - Marketing Communication and
Persuasion, Developing Persuasive Communication Market Regulation
Customer Dissatisfactions Consumer Protection Act.

References
1. David L. Loudon and Albert J Della Bitta, Consumer Behaviour, Tata McGraw
Hill.
2. Leon G.Schiffman and Leslie Lasar Kanuk, Consumer Behaviour, Pearson
Education, India.

MM 04 - DIGITAL MARKETING

.
Module 1: Principles and Drivers of New Marketing Environment - Digital Media
Industry - Reaching Audience Through Digital Channels- Traditional and
Digital Marketing - Introduction to Online Marketing Environment -
Dotcom Evolution - Internet Relationships - Business in Modern Economy
- Integrating E-Business to an Existing Business Model - Online
Marketing Mix - Mobile Marketing - Digital Signage.

Module II: Purchase Behavior of Consumers in Digital Marketing Format - Online
Customer Expectations - Online B2C Buying Process - Online B2B
Buying Behavior -Website Designing - Website Content - Forms of
Search Engines Working of Search Engines - Revenue Models in Search
Engine Positioning SEO - Display Advertising - Trends.

33

Module III: Product Attributes and Web Marketing Implications - Augmented Product
Concept - Customizing the Offering - Dimensions of Branding Online -
Internet Pricing Influences - Price and Customer Value - Online Pricing
Strategies and Tactics Time-based Online Pricing - Personalized Pricing
- Bundle Pricing.

Module IV: Internet Enabled Retailing - Turning Experience Goods into Search Goods
-Personalization through Mass Customization - Choice Assistance -
Personalized Messaging - Selling through Online Intermediaries - Direct
to Customer Interaction - Online Channel Design for B2C and B2B
Marketing.

Module V: Integrating Online Communication into IMC Process - Online Advertising
Email Marketing - Viral Marketing - Affiliate Marketing - Participatory
Communication Networks - Social Media Communities - Consumer
Engagement - Co-Created Content Management-Interactive Digital
Networks - Customer Led Marketing Campaigns- Legal and Ethical
aspects related to Digital Marketing.
References:

1. Smith P R Chaffey Dave, E-Marketing Excellence: The Heart of E-Business,
Butterworth Heinemann, USA
2. Strauss Judy, E-Marketing, Prentice Hall, India

MM 05 - INTEGRATED MARKETING COMMUNICATION

Module 1: Introduction to Integrated Marketing Communication (IMC) - IMC as an
Integral Part of Marketing Buying Decision Process - Communication
Response Hierarchy Setting Communication Objectives: DAGMAR
Approach -Budgeting for Marketing Communication.

Module II: Fundamentals of Advertising Campaigns - Brand Positioning through
Advertising- Planning Process - The Creative Brief - Creating an Appeal -
Strategic Approaches: Generic Approach USP - Brand Image
Positioning - Public Service Advertising - Celebrity Endorsement -
Elements of Print Advertisement - Scriptwriting for Radio and Television
- Legal and Ethical aspects of Advertising- Kids Advertising.

Module III: Advertising Agencies Roles Types - In House Agencies - Direct
Response Agencies - Sales Promotion Agencies - PR Firms - Interactive
Agencies Advertising Agency Structure - Client Agency Relationship -
Agency Selection - Agency Compensation.

Module IV: Promotion Tools: Sales Promotion - Trade Oriented Sales Promotion -
Direct Marketing PR Publicity Sponsorships Merchandising - Van
34

Promotions -Mobile Advertising Word-of-Mouth -Village Fairs - Trade
Shows - Exhibitions and Event Management OOH - Transit Advertising
- Personal Selling - World Wide Web Communications - Strategies for
combining Advertisements and Promotional Tools for IMC.

Module V: Online Marketing Communication Process - Setting Online
Communication Objectives - Online Advertising - Online Sales Promotion
- Online PR - Direct Marketing through Internet. - Impact of Consumer
Generated Communication - Virtual Community Influence on IMC.
References:
1. George E Belch & Michel E Belch, Advertising & Promotion and Integrating
Marketing Communication Perspective Tata McGraw Hill.
2. Clow, Baach, Integrated Advertising Promotion and Marketing Communication,
Pearson Education. India.

MM 06 - MARKETING RESEARCH

Module 1: Introduction, Definition, Need, Relevance and Scope of Marketing
Research, Types of Research - Qualitative and Quantitative Research,
Steps in Research Proposal, Limitations Cost & Time Constraints,
Industrial Versus Consumer Marketing Research, Ethical Issues in
Marketing Research. Marketing Research Organizations in India, Role of
Information in Marketing Research, Use of Internet in Marketing
Research.
Module II: Marketing Research Process, Research Problem Identification, Research
Objectives, Literature Review, Identification of Variables, Hypothesis
Formulation, Research Design.
Module III: Sources of Data, Population and Sampling Frame, Sampling Concepts and
Methods, Units of Study, Measurement Scales, Methods of Data
Collection, Data Collection Tools, Questionnaire Design, Interview
Techniques, Survey Methods.
Module IV: Coding and Tabulation of Data, Data Presentation, Data Analysis
Techniques, Hypothesis Testing, Application of Software Packages for
Data Analysis, Report Writing and Report Presentation: Steps in Report
Writing, Documentation and Referencing, Interpretation of MR Reports.
Case Studies in Marketing Research.
Module V: Applications of Marketing Research in Business: Market Segmentation
Studies, Market Potential Studies, New Product Research, Brand
Positioning Research, Brand Perception Research, Brand Equity Research,
Advertising Research, Consumer Behaviour Research, Pricing Research,
35

Distribution Effectiveness Studies, Effectiveness of Promotions, Customer
Satisfaction and Perception Studies.
References

1. G.C.Beri, Market Research, Pearson Education, New Delhi.
2. Naresh K. Malhotra, Marketing Research: An Applied Orientation, TMH, New
Delhi.
4. Cooper & Schindler, Marketing Research, Concept & Cases. Tata McGraw Hill,
India

MM 07 - PRODUCT AND BRAND MANAGEMENT

Module 1: Introduction to Product- Meaning & Classification, Product Management
Definition, Scope and Importance, Role of Product Manager,
Challenges affecting Product Management, Product Mix and Line
Decisions Managing Line Extensions.
Module II: Marketing Planning Process: Category Attractiveness Analysis,
Competitor Analysis, Consumer Analysis and Sales Forecasting,
Developing Product Strategy - Setting Objectives, Selection of Strategic
Alternatives, Differentiation and Positioning.

Module III: New Product Planning: New Product Development Process and
Challenges, New Product Launches; New Product Failure and
Revitalization of New Products.

Module IV: Understanding the role of branding: Concept of Brand - Types of Brand, Brand
and Life Cycle, Brand Equity, Brand Loyalty, Brand Awareness, and Brand
Evaluation, Perceived Quality, Brand Associations, Brand Personality and Brand
Image, Role of Brand Ambassadors.
Module V: Brand Identity, Launching New Brands, Developing and Managing
Brands, Sustaining a Brand, Handling Name Changes and Brand
Transfers, Brand Extension and Strategies, Globalizing Brands, Decline,
Ageing and Revitalization of Brands.

References
1. Kevin Lane Keller, Strategic Brand Management, Pearson Education,
India.
2. U.C. Mathur, Product management Excel Books, New Delhi, India.

36

MM 08 - RETAIL BUSINESS MANAGEMENT

Module 1: Retailing - Definition, Functions, Importance, Types of Retailing,
Organized & Unorganized, Store and Non-store; Retailing in India -
Current Scenario, Retailing from International Perspectives; Consumer
Buying Decision Process, Influencing Factors, Consumer Shopping
Behaviour.

Module II: Retail Planning - Purpose, Method, Structure and Monitoring the Plan;
Retail Marketing mix - Strategies; Retail Brand Management - Positioning,
Personality, Merchandise Management, Meaning, Methods, Assortment
and Inventory; Purchase Negotiation, Supply Channel and Relationship,
SCM Principles, and Retail Logistics.

Module III: Retail Location Decisions - Trading Area Analysis; Types of Locations;
Site Evaluation; Store Design - Layout and Space Management; Visual
Merchandising and Displays; Retail Pricing - Approaches, Influencing
Factors, Price Sensitivity and Mark down Policy EDLP.

Module IV: Retail Promotion - Setting Objectives, Role of Advertising, Sales
Promotion, Personal Selling, Public Relations and Relationship Marketing
in Retailing; Human Resource Issues and Considerations, Customer
Service Management.

Module V: Impact of Information Technology in Retailing, Integrated Systems and
Networking, EDI, Bar Coding, RFID, Customer Database Management.
Electronic Retailing - Role of Web, Online Retailing, Factors to be
considered in having a Website, Limitations of Web and Future Trends,
Consumerism and Ethics in Retailing, Social and Green issues. Retail
Audit.
References:
1. Michael Levy, Barton Weitz, Retail management, McGraw Hill
2. Chetan Bajaj, Rajnish Arya, Nidhi Varma Srivatava, Retail Management, Oxford
Publishing, India

MM 09 - SALES AND DISTRIBUTION MANAGEMENT

Module 1: Introduction to Sales Management: Definition and Meaning Sales Vs
Marketing, Scope of Sales Management Objectives & Functions of Sales
Department Theories of Sales - Buyer Seller Dyads Aidas Theory
Right Set of Circumstances Theory Buying Formula Theory
Behavioural Equations Theory, Sales Forecasting Methods Sales
Planning and Control: Goal Setting, Performance Measurement, Diagnosis
and Corrective Actions.

37

Module II: Sales Organization and Developing the Sales Force: Sales Department
Organization Sales Management Structure Sales Management
Positions Role and Functions of Sales Manager Inter Department
Relations Characteristics of a Successful Salesman. Recruiting,
Selection and Training of Sales Force - Work Assignment to Sales
Personnel Routing and Scheduling of Sales Force Objectives of Sales
Quotas Types of Quotas Quota Setting and Administration Concept,
Objectives and Procedure of Setting Sales Territories.

Module III: Motivation, Compensation to Sales Force and Controlling Personal
Selling: Motivating the Sales Team: Motivation Programs, Monetary and
Non-monetary Compensation, Evaluation of Sales Force - Controlling of
Sales Force Sales Records and Reporting Systems Controlling of
Expenses Sales Budget Sales Audit. Personal Selling Salesmanship
Process - Preparation, Prospecting, Pre-Approach, Sales Presentation,
Closing of Sales Modes of Sales Presentation Sales Resistance
Objections and Obstacles Buyer Dissonance Reducing Buyer
Dissonance.

Module IV: Distribution Channels: Physical Distribution - Definition, Importance
Participants in Physical Distribution Process - Marketing Channels
Definition and Importance - Different Forms of Channels - Functions of
Marketing Channels - Unconventional Channels - Channels for Consumer
Goods, Industrial Goods and Services Integrated Marketing Channels
Horizontal, Vertical, Multi Channel Marketing Systems - Channel
Selection Process and Criteria, Channel Conflicts and Resolution -
Channel Effectiveness Evaluation - International Marketing Channels.

Module V: Supply Chain Management: Supply Chain Management Concept
Significance Components - Logistics Planning, Order Processing
Material Handling Transportation Insurance - Warehousing
Inventory Management Reverse Logistics.

References:
1. Tapan K. Panda, Sunil Sahadev Sales And Distribution Management Oxford
Publishing, India
2. Still, Cundiff, Govoni Sales Management: Decisions, Strategies & Cases
Prentice Hall, India.
3. Anderson R, Professional Sales Management Englewood Cliff, New Jersey,
Prentice Hall, India.

MM 10 - SERVICES MARKETING

Module 1: Introduction to Services Marketing: Services Marketing Characteristics
Classification of services Role of services in economy Factors
38

stimulating the transformation of service economy Growth of services in
Indian economy Differences between Goods and Services Marketing.

Module II: Customer Behaviour & Strategic Issues: Customer decision making
Customer expectations and perceptions Components of customer
expectations Service encounters High contact services and Low
contact services Market segmentation and Targeting Positioning and
differentiation of services Managing demand and capacity.

Module III: Services and the Marketing Mix: Traditional marketing mix applied to
services Inadequacy of 4Ps Developing service concepts Service
Product Development Branding of services Pricing of services
Educating customers and Promoting services Managing People for
service advantage - Difference between mediocrity and success Process in
services, Service Blueprinting Crafting the service environment
Services cape Physical Evidence.

Module IV: Managing Relationships and Service Quality: Relationship Marketing and
Building loyalty Achieving Service Recovery Service quality and its
significance Measuring service quality Service quality gap model
SERVQUAL Strategies for improving service quality Monitoring
service quality.

Module V: Marketing Services Specific Industries: Tourism, Travel &
Transportation Services Marketing Marketing of Financial Services:
Banking, Insurance, Mutual Funds Communication and Information
Services: Telecom, Courier Media Services Professional Services
Marketing: Healthcare, Consultancy, Information Technology,
Advertising Marketing of Educational Services Charities Marketing.

References:

1. Christopher Lovelock, Jochen Wirtz, Jayanta Chatterjee Services Marketing:
People. Technology, Strategy, Pearson, New Delhi.
2. Helen Woodruff, Services Marketing, Longmen Group, New Delhi.
3. Adrian Payne, The Essence of Services Marketing, Prentice Hall, India

39

FINANCIAL MANAGEMENT ELECTIVES

FM 01 - BANK MANAGEMENT

Module 1 Evolution of Commercial Banks-Banking System-Structure of
Commercial Bank-RBI Role & functions- Method of Credit Control--
Banking Regulation ACT Recent trends in Indian Banking Sector.

Module II Functions of Commercial Banks- Agency Services General utility
services-Credit Creation- BankerCustomer Relationship-Bankers as a
trustee & an Agent-Appropriation of Payment- Right of Lien &Set off
Garnishee Order-Law of Limitation.

Module III Banking Technology; Electronic Banking-Core Banking Distribution
Channels- Remittance Facilities &Clearing System-Online Banking-
Electronic Fund Transfer System- RTGS, SWIFT.

Module IV Evaluating Banking Performance ROE Model- CAMEL Rating-GAAP
Probability Analysis- Balance Score Card-Asset Liability Management-
NPA- BASEL Norms.

Module V International Banking- Types-Offshore Banking- Bank for International
Settlement (BIS)-London Inter Bank Offered Rate (LIBOR) -Bank
Accounts- NOSTRO,VOSTRO,LORO, Indian Rupee & Foreign Currency
Accounts- EXIM Bank Facilities to Exporters & Importers.

References:
1. IIB& F, Central Bank Management, McMillan Publishers.
2. Institute of Banking & Finance, Principles and Practice of Banking, McMillan
publishers, New Delhi.
3. Muraleedharan D, Modern Banking-Theory and Practice, PHI Learning Pvt. Ltd.
4. Shekhar K C & Lekshmy Shekar, Banking Theory and Practice,, Vikas
Publication House, New Delhi.

FM 02- FINANCIAL DERIVATIVES AND RISK MANAGEMENT

Module 1 Sources and Types of business risk Implications of business risk-risk
perception of individuals and institutions-Alternatives for managing
financial risk diversification reinsurance contingency contracts-
Derivatives in the Indian Context Trading infrastructure.

Module II Risk Management using derivatives- Forwards and Futures Commodity
Futures- Financial Derivatives- Stock Futures and Index Futures Interest
Rate Futures Currency Futures Designing Futures Contracts Hedging
Positions in Futures.
40

Module III Stock options Basic Properties of Options Stock and Index Options
ValuationSensitivity of Option Prices - Binomial Option Pricing Black
and Scholes Option Pricing using Black and Scholes Formula-Trading
strategies using options Hedging Positions in Options - Synthetic options
and portfolio insurance.

Module IV Interest rate swaps; forward rate agreements and interest rate futures.

Module V Accounting and Administration of Derivatives - Regulation of derivatives
activity.

References:
1. John C Hull Fundamentals of Futures and Options Markets, Pearson,
seventh edition.
2. Elton Edwin J and Gruber Martin J, Modern Portfolio Theory and Investment
Analysis, John Wiley & Sons,
3. Russel Fuller , Modern Investments and Security Analysis, McGraw Hill.

FM 03- INSURANCE SERVICES

Module 1 Concept of risk- risk identification and evaluation- risk
management techniques- risk avoidance- loss control- risk
retention-risk transfer, the nature of insurance- principle of
insurance contract- requirements of an insurance contract.
Module II Life, health and income insurance - types of life insurance- life
insurance
contract provisions- loss of health health insurance policies-
disability income insurance- annuity scheme- pension schemes-
structure and characteristics.

Module III Property and liability loss exposure types of loss exposure- direct
and indirect losses- liability damages- civil and criminal law
provisions.
Module IV Accounts of insurance companies- Valuation balance sheet-
Insurance claims- Fire- consequential loss (fire).
Module V Market structure of insurance services- functions of insurers-
reinsurance types of insures- channels of distribution of
insurance services- regulation of insurance services-IRDA Role,
duties and powers- liberalisation of insurance services in India.

References:
41

1. George E. Rejda, Principles of Risk Management and Insurance, Pearson
Education.
2. Harold D Skipper, W. Jean Kwon- Risk Management and Insurance- Perspectives
in a Global Economy, Blackwell Publishing.
3. M N Mishra, S B Mishra- Insurance Principles and Practice- S Chand.
Publishing, New Delhi.
.

FM 04- INTERNATIONAL FINANCIAL MANAGEMENT

Module 1 Introduction Significance of Foreign Exchange Rate- Growing
importance of International Finance Introduction to foreign exchange
markets Exchange rate determinants Supply and Demand Factors.

Module II International Financial System - Exchange rate systems in the world
Role of IMF and World Bank Impact of regional economic integrations
Global integration of economic systems and exchange rate issues relating
to Developing countries.

Module III International Financial Markets- Major international financial markets
Euro banking and Euro currency market American and Japanese capital
markets.

Module IV International Financing- Modes of International equity financing
Depository receipts Issue Mechanisms International credit instruments
Euro bonds and Notes International credit syndication mechanism
Recent developments in the Euro Market Risk factors in International
finance.

Module V International Investing-Capital budgeting for international investment
FDI International portfolio investing Opportunities and challenges.

References:

1. Levi Maurice D, International Finance, McGraw Hill, India.
2. Apte P.G., International Financial Management, Tata McGraw Hill, New Delhi.
3. Pilbeam Keith, International Finance, McMillan Press, India.
4. Madura Jeff , International Financial Management, Thompson, India

FM 05- MANAGEMENT OF FINANCIAL SERVICES

Module 1 Overview of Financial services sector Characteristics of
Financial services role of financial services sector in the
Economy Institutional Framework of Indian financial system-
Role and Functions of NBFCs, RBI guidelines on NBFCs.
42

Module II Merchant banking: functions of merchant bankers SEBI
guidelines on merchant bankers. Leasing-Types: Hire purchase.

Module III Factoring: concept, mechanism, types of factoring, benefits and
functions of factoring factoring Vs Forfeiting, Factoring Vs Bills
Discounting Factoring; International and Indian scenario.
Depositories mechanism and functions credit cards and retail
financing.

Module IV Mutual funds: concept functions types of funds constitution
of mutual funds SEBI regulation of AMCs Evaluating mutual
fund performance. Asset securitisation.

Module V Credit rating: features and advantages credit rating process.
Venture capital: meaning origin and growth of venture capital
stages of venture capital financing venture capital industry in
India.

References:
1. Shanmugham R, Financial Services, Wiley India Pvt. Ltd., New Delhi, 2010.
2. Khan M.Y., Financial Service, Tata McGraw Hill Publication Limited, New
Delhi.

3. Bhole L.M and Jitendra Mahakud,, Financial Institutions and Markets: Structure,
Growth and Innovations, Tata McGraw Hill Publication Limited, New Delhi.
4. Dr. Roshna Varghese & Dr. K. Sreeranganadhan, Corporate Disclosure by Indian
Companies, Serals Publications, New Delhi.

FM 06- MANAGEMENT ACCOUNTING AND COTROL
SYSTEMS

Module 1 Relationship between Strategy and Management Accounting
Role of cost and management accounting in strategy formulation
and performance measurement Management accounting and
strategic cost management: Indian perspective Application of
new management accounting techniques in the current business
environment Techniques for profit improvement and cost
reduction.

43

Module II Activity Based Costing Implementing ABC Activity Based
Budgeting Customer Profitability Analysis.

Module III Target Costing JIT Quality Costing - Life Cycle costing -Total
Cost Maturity Model of Confederation of Indian Industry for
improving cost competiveness of Indian industry.

Module IV Pricing Strategies - Product pricing and Transfer Pricing
Methods of Transfer pricing -Value Chain Analysis.

Module V Performance Measurement Systems The Balanced Score Card
Key Performance Indices and Critical Success Factors.

References:
1. Robert Anthony and Vijay Govindarajan, Management Control System, Tata
McGraw Hill Publishing. India
2. Norman .B Macintosh,Paolo Quattrone, Management Accounting and Control
Systems, John Wiley and Sons, New Delhi.
3. John K Shank & Vijay Govidarajan, Strategic Cost Management - The new
Tool for Competitive Advantage, Free Press
4. Robert S Kaplan and David P Norton, Balance Score Card Translating
Strategy into Action, Harvard Business Press, New Delhi.

FM 07- PROJECT MANAGEMENT

Module1
Project management and project selection: Project selection models,
Project portfolio process, Analysis under uncertainty, Project organization,
Matrix organization.

Module II
Work breakdown structure, Systems integration, Interface coordination,
Project life cycle, Conflict and negotiation. Project Evaluation and
Selection-Project cash flow Project appraisal Analysis of risk SCBA
(Social Cost Benefit Analysis).

Module III
Project implementation: Estimating Project Budgets, Process of cost
estimation, Scheduling: Network Techniques PERT and CPM, Risk
analysis using simulation, CPM - crashing a project, Resource loading,
leveling, and allocation.
Module IV
Monitoring and information systems: Information needs and the reporting
process, computerized PMIS, Earned value analysis, Planning -
Monitoring - Controlling cycle, Project control: types of control
processes, design of control systems, control of change and scope.

44

Module V
Project auditing: Construction and use of audit report, Project audit life
cycle, Essentials of audit and evaluation, Varieties of project termination,
the termination process. Project financing in India Financial assistance for
projects Sources and schemes and various incentives for new projects.
References

1. Chandra Prasanna, Projects Planning: Analysis, selection, implementation and
review, Tata McGraw Hill.
2. Larson Erik W. & Gray Clifford F, Project Management: The Managerial
Process, McGraw Hill.
3. Jack R. Meredith, and Samuel J. Mantel Jr., Project Management A
Managerial Approach, John Wiley and Sons.
4. Harold Kerzner, Project Management A Systems Approach to Planning,
Scheduling and Controlling, John Wiley and Sons.
5. Larry Richman, Project Management: Step-by-Step PHI Learning Private
Limited.

FM 08 - SECURITY ANALYSIS & PORTFOLIO MANAGEMENT

Module 1 Concept of Investment-Investment Instruments- Introduction to the
financial system, Financial Markets- Primary and Secondary Market,
Stock Exchanges-Depository System- Indices- SEBI and Regulations.

Module II Investment Alternatives Risk Return Analysis Systematic and
Unsystematic Risk- Bond Valuation YTC/YTM/Bond duration. Bond
Returns &Prices. Bond Rating-Bond Management Strategies.

Module III Share Valuation-Factors influencing Share Price Movements-Share
Valuation Models-Cash Flow Valuation Models-Earnings Valuation
Models-Fundamental Analysis-E.I.C.

Module IV Technical Analysis Chart patterns/Moving Average/RSI/ROC/MACD-
Efficient Market Hypothesis-Random walk theory.

Module V Portfolio Management Portfolio Analysis, Portfolio Selection- Markowitz
Model-CAPM, Portfolio Revision &Portfolio Evaluation.

References:

1. Fisher Donald and Jordan Ronald, Security Analysis & Portfolio Management
Prentice Hall of India.
2. Francis Jack Clark, Investment Analysis and Management, McGraw Hill.
3. Chandra Prasanna, Investment Management, Tata McGraw Hill.
45

FM 09 - TAX MANAGEMENT

Module 1 Tax- meaning-Direct Tax- Indirect Tax-History of Income Tax in
India-Basic Terms- Capital and Revenue-Residential status-tax
incidences-exemptions.

Module II Heads of Incomes, - Income from salary - Income from house
property-Income from other source.

Module III Income from business and profession and capital gain.

Module IV Carry forward and set off-clubbing Deductions-Income tax
Authorities Assessment procedures.

Module V Taxation of companies-M A T-Tax planning-tax evasion-tax
planning-tax management.

Reference:
1. Dr. H.C.Mehrotra & S.P.Goyal, Income Tax Law and Practice, New Age
Publication, India
2. Singhania V.K., Corporate Tax Planning, TMH.
3. Gupta and Gupta, Corporate Taxation in India, Himalya Publishing House, New
Delhi.
4. Singhania, Vinod, Direct Taxes Law and Practice, Taxmann Publications.

FM 10 -WORKING CAPITAL MANAGEMENT

Module I Concept and meaning of working capital Liquidity and
profitability identification of factors affecting working capital
requirements theories of working capital- Approaches to
estimation of working capital operating cycle approach.

46

Module II Management of inventories determination of optimum inventory
Inventory management techniques Levels of inventory.

Module III Overview of management of receivables credit and Collection
policy Credit standards Credit terms Credit analysis
management of payables Maturity matching.

Module IV Management of cash Accelerating cash inflows Managing
collections Concentration banking Control of disbursements
models for determining optimum level of cash inventory model,
stochastic Cash budgeting.

Module V Sources of working capital finance Long term Short term.

References:

1. I M Pandey, Working Capital Management, Vikas Publication, India
2. V K Bhalla ,Working Capital Management, Vikas Publication, India
3. Krish Rangarajan, Anil Mishra, Working Capital Management Excel
Publication, New Delhi.
4. Satish P Mathur, Working Capital Management & Control- New Age Publication,
New Delhi.

HUMAN RESOURCE MANAGEMENT ELECTIVES

HRM 01 - COMPENSATION MANAGEMENT

Module I Compensation: Concept, factors, Base and Supplementary Compensation,
Wage and Salary, Wage Components - minimum wage, Fair wage, living
wage, Wage Policy in India, Wage differentials, Wage Theories- Market
Theories, Human Capital Theories, Bargaining Theories Social Theories.
Economic and Behavioural theories.

Module II Job Evaluation-nature and importance- methods, Computer aided job
evaluation, Internal and external equity- Pay surveys.

Module III Pay structure-Types, Broad Banding, Performance Linked Compensation -
Types of Incentives , Bonus, Profit sharing ,Gain Sharing , stock options,
Benefits and allowances-types, Executive and shop floor level rewards,
Compensating Expatriates and knowledge workers.

47

Module IV Legal framework of Wage determination Welfare Legislations, Tax
Planning, Down sizing, VRS, gratuity, commutation, pension plans,
Machinery for wage fixation Wage Boards Pay Commissions
Statutory Wage Fixation.

Module V Total Reward System, Components of pay, Pay structure for startup
organisations Pay restructuring in Mergers and Acquisitions, alliances and
turnarounds, Board room pay, Compensation management in public,
private and emerging sectors, Emerging Issues in Compensation
management-Future trends.

References:
1. Michael A. Armstrong and Helen Murlis, Reward Management: A Handbook of
Remuneration Strategy and Practice , London Kogan Page.
2. B D Singh, Compensation and Reward Management Excel Books. New Delhi.
3. Henderson, Compensation Management in a Knowledge Based World New
Pearson Education, New Delhi.
4. Bhattacharya, Compensation Management, Oxford Press.
5. Milkowich, Newman, Compensation, Tata Mcgraw Hill, New Delhi.

HRM 02 - COUNSELLING SKILLS FOR MANAGERS

Module I Introduction: Meaning, Functions and Type of Counselling, Goals of
Counseling Emergence and Growth of Counseling Services; Approaches to
counseling; Counseling Skills, Verbal & Non- Verbal communication,
Listening Barriers, Counselor Qualities.

Module II Counseling process - Beginning, Developing and terminating a counseling
relationship and follow up. Counseling Procedures, The Counseling
Environment, Intake, Referral procedures, Guidelines for effective
counseling.

Module III Counselors Attitude and Skills of Counseling; Counselors - Client
Relationship, Understanding Clients Behavior. Assessing Clients
problems. Counseling Therapies- Insight Oriented Therapy. Behavior
Therapy.

Module IV Selecting Counseling Strategies and Interventions Changing Behaviour
through Counseling In the Educational Settings, Special Areas in
Counseling, Handling Situations of Strikes, Disputes Through Counseling.

Module V Special problems in counseling: Need of Counseling Cell in the
Organization. Application of Counseling to Organizational situations with a
48

focus on Performance counseling. Organizational Application of
Counseling Skills in Change management, Downsizing, Mentoring and
Team Management / Conflict Resolution.

References

1. S Narayan Rao, Counseling& guidance, Tata Mcgraw Hill, New Delhi.
2. Jeffrey A Kotter, Counseling theories and practices, Cengage Publishing, New
Delhi.
3. Robert C Carson, Abnormal psychology, Tata Mcgraw Hill, New Delhi.

HRM 03- HUMAN RESOURCE PLANNING

Module I Human Resource Planning ; Concept and Objectives - HRP at Micro and
Macro levels ; HRP and Business plans - Different Approaches - Human
Resource Planning Process; Demand and Supply Forecasting ; Different
tools and techniques ; Labor wastage Absenteeism and labor turn over .

Module II Job Analysis; Job Descriptions, Job Specification - Human Resource
Inventory - Career Management; Career Planning, Career Paths, Career
Anchors, Career Development.

Module III Recruitment: Recruitment Policy, Approaches, Sources of Recruitment,
Advertisements, Web Recruitment, The Employment
Exchange (Compulsory Notification of Vacancies) Act, 1959. Selection:
Concept and Process of Selection; Application blank,
Weighted Application Blank, Resume, Resume Scanning Psychological
Tests definition ,Purpose, Characteristics and Developing Psychological
Tests, Different Types of Tests Attitude, Aptitude, Traits, Interpreting
Test Results, Reliability and Validity.

Module IV Selection, Interviewing ; Purpose; Types of Interviews ; Interview
Techniques; Interviewing skills ; Advantages and Limitations of
Interviews; Dos and donts of selection Interviewing, Medical Checkups,
Reference and back ground check, Choice of selection methods,
assessment Centers, Reliability and validity of selection tools.

Module V Employment offers; service conditions, contract of employment,
Psychological contract - Induction. Importance, Socializing the new
employee, Different types of Socialization. Placement, Probation and
Confirmation, Promotion and Transfer; Policies and Procedures,
Retraining, Out placements, HR out Sourcing.
49

Reference
1. Gary Desler ,Human resource management , PHI.
2. D K Bhattacharya, Human Resource Planning Excel Books.
3. Anne Anastasi,Susan urbina ,Psychological testing , PHI
4. Michael Armstrong ,Ann Cummins ,Sue Hastings, Willie Wood, Job Evaluation
;A guide to achieving equal pay, Kogan page, New Delhi.

HRM 04 - INDUSTRIAL RELATIONS

Module I Evolution Of Industrial Relations: Introduction-definition-nature-evolution
of industrial relations-Evolution of IR in India-origin and development of
IR-context and environment of IR.-concept and organization: aspects of
IR-Three actors and their roles in IR: Approaches to IR-HR Relations
approach-Gandhian approach-Marxian approach and Dunlops Systems
approach. Social security and welfare legislations-concepts of social
security-social security measures in India.

Module II The state and IR policies-evolution of IR policies-National Commission
on Labour & IR policy(1969)-Grievance procedure-discipline- Labour
courts-Collective bargaining: concept and development-future of IR in
India. Industrial unrest in India-Industrial Disputes Act 1947-objects of the
Act-Important definitions: Authorities under the Act-reference of disputes-
settlement-strike and lock-outs-Lay off-retrenchment-unfair labour
practices-standing orders-service rules-misconduct-principles of natural
justice-domestic enquiry-remedial counseling.

Module III Trade Unions; concept and objectives-Indian Trade Unions Act 1926-
participative management-forms and levels of participation-Process of
negotiation-prerequisites of a collective bargaining-employee
empowerment. Tripartite and bipartite bodies-Joint management council-
Conciliation machinery: -mediation-arbitration-adjudication.

Module IV Evolutions of Labour legislation in India- Social security and welfare
legislations. Concept of social security: ILO and social security-social
security measures in India; Workmens Compensation Act-1923,
Employees State Insurance Act 1948, Employees Provident Fund and
(Miscellaneous Provisions) Act 1952 Maternity benefit Act 1961,
Payment of Gratuity Act 1972, Payment Bonus Act 1965.

Module V Welfare legislations: The Factories Act 1948-Plantation Labour Act 1951-
Contract Labour (Regulations and Abolitions Act-1970,Kerala Shops and
Commercial Establishment Act 1960, Kerala Labour welfare fund Act
1975. Latest rules regarding Industrial relations in IT and ITEs industries.
Functions of Labour department in Kerala officers under the Department
and their duties and responsibilities.

50

References
1. C B Marmoria, Dynamics of Industrial Relations in India, Vikas Publishing, New
Delhi.
2. P C Tripathi, Personnel management and Industrial Relations, S Chand, New
Delhi.
3. P Subba Rao, Human Resources Management & I R, S Chand, New Delhi.

HRM 05- MANAGING OF INTERPERSONAL AND GROUP
PROCESS

Module I Intrapersonal process- Understanding human behaviour, Self
concept, Perception, Attention, Distraction, Attitude, Occupational
stress, Spill over and coping, Impression management.

Module II Memory process and types- Intelligence, Intelligence quotient
Emotions; Emotional intelligence, Emotional quotient.

Module III Interpersonal process Transactional analysis & Johari window
helping process, Practical applications, Interpersonal
Communication and feedback, Interpersonal styles.

Module IV Group and intergroup process- Group formation and group
process, Group Dynamics, Group cohesiveness - Team
development and team functioning, Conflict collaboration and
competition, Sensitivity training.

Module V Organizational process- An overview of major concepts on
emerging trends-power, politics, authority, Integration and control,
Organizational climate and culture, Organizational effectiveness.

Reference
1. VSP Rao, Organizational Behaviour: Excel Books.
2. Stephen.P.Robbins, Organizational Behaviour: Prentice Hall.
3. P.G. Aquinas, Organizational Behaviour: Concepts, Realities, Applications and
Challenges, Excel Books.
4. Clifford T Morgan, Richard A King, John R Weiz, John Schopler, Introduction
to Psychology; Tata McGraw Hill.

HRM 06 - MANAGING ORGANIZATIONAL CHANGE AND DEVELOPMENT

Module I Organizational Change: Meaning- Necessity for Change- Classification of
change-factors affecting change-Model of Organizational change- Kurt
Lewin Three Stage Model and Force Field Analysis- Systems theory, 7
Stage models, Burke-Litwin model, Porras and Robbortson. Change
Agent-Role and Skills of a change Agent.HR Role as change agent,
51

Resistance to Change and minimizing the resistance: Impact of change on
Human Resources Planning; quality consciousness as an emerging catalyst
for change.

Module II Organizational development Concept and evolution-nature and
characteristics- First order and second order Change -Foundations of
Organizational Development: Conceptual frame work of OD -Action
Research Model-Positive Model-John Kotters eight-stage process Model,
Parralel learning structures- Process of organizational development -
Org.Diganosis .

Module III Human Process Interventions-T-group, process consultation, third party
interventions, team building; organizational confrontation meeting,
coaching and mentoring, role focused interventions. HRM Interventions-
Performance Management & HRD.

Module IV Structural Interventions -Restructuring organization, BPR Vs TQM,
employee involvement, work design. Strategic Interventions
Organisation and environment relationships, competitive and collaborative
strategies, organization transformational strategies.

Module V Contemporary issues and applications Organizational development in
global context, organizational development in service sector, OD
Practioners role, competencies requirement, professional ethics and
value and experiences; Trends in OD.

References

1. Cummings, Thomas G. and Christopher G. Worley, Organisation
Development and Change,Thomson Learning.
2. W Warner Bruke, Organizational Change:Theory and Practice,Sage
3. Ramnarayan S., T.V. Rao and Kuldeep Singh, Organisation Development
Interventions and Strategies, response Books, New Delhi.
4. French, Wendell L. and Lecil H. Bell, Organisation Development, PHI, New
Delhi

HRM 07 - PERFORMANCE MANAGEMENT

Module I Performance Management-objectives, scope and benefits, Job role and
competency analysis, Goal setting process, Organizational, functional and
individual Key result areas, Key performance indicators.

Module II Performance appraisal methods : traditional & modern - MBO,BSC,BOS,
assessment centers, Multirater assessment , Potential appraisal, ,
Documentation and appraisal communication, appraisal interview,
feedback , Performance coaching.
52

Module III Measuring performance objectives, measurement approaches traits,
behaviour, results based, types, measurement issues, Performance
communication formal & informal methods.

Module IV Developing, implementing and maintaining PMS, Performance
improvement and performance management discipline, PMS in public and
private organizations.

Module V Competency mapping concept,competency mapping process & models,
competency assessment personal competency framework, Core
competencies PCMM concept, benefits, HR score card.
References
1. G K Suri, C S Venkataraman,N K Gupta, Performance measurement and
management, Excel Books Pvt Ltd.
2. R K Sahu, Performance Management System, Excel Books Pvt Ltd.
3. Udai Pereekh & T V Rao, Designing and managing Human Resource Systems,
oxford publications.
4. T V Rao, HRD Score card, Sage Publications.
5. Herman Aguinis, Performance measurement, Pearson education .
6. Seema Sanghvi , Competency mapping , Response books, New Delhi.

HRM 08 - HUMAN RESOURCE INFORMATION SYSTEMS

Module I Introduction: Data & Information needs for HR Manager; Sources of Data;
Role of IT in HRM; IT for HR Managers; Concept, Structure, &
Mechanics of HRIS; Standard Software and Customized Software; HRIS
An Investment; Survey of software packages for Human Resource
Information System including ERP Software such as SAP, Oracles
Financials and Ramcos Marshal (only data input, output & screens).

Module II HR Management Process & HRIS: Modules on MPP, Recruitment,
Selection, Placement; Module on PA System; T & D Module; Module on
Pay & related dimensions; Planning & Control; Information Systems
support for Planning & Control.

Module III Human Resource Accounting Concept, Objectives , Converting Human
data in to money value- Different methods of HRA, Limitations of Human
Resource Accounting Investment Approach, Investment in human
resources , Recruiting Costs, Depreciation, Rates of Return, Measuring
return of human assets, Prevention of Human Resource Wastage.

Module IV Organization Climate Approach Improvement and deterioration of
organizational climate, Responsibility accounting and Management
control
53

Behavioural aspects of Management Control; Human resources as social
capital, Mentoring and development of social capital, Social control, HR
accounting and bench-marking.

Module V Personnel costs, Audit Techniques, HR Audit, HRD Audit, HRD Score
Card Accounting and Financial Statements.

References
1. Michael Armstrong, A Handbook of Human Resource Management Practice,
Kogan Page.
2. Jac Fitz-enz, et al, How to Measure Human Resource Management, McGraw
Hill.
3. M. Saeed, D.K. Kulsheshtha, Human Resource Accounting Anmol Publications.
4. Prabakara Rao, Human Resource Accounting, Inter India Publications, New
Delhi.

HRM 09 - STRATEGIC HUMAN RESOURCE MANAGEMENT

Module I Business Strategy and Organizational Capability-SHRM overview-Linking
HR strategy with Business Strategy-Steps in SHRM - Role of HR during
Organizational Growth, Turn around, Retrenchment -Mergers and
Acquisitions.

Module II Strategic HR Planning and Acquisition-Business Strategy and HRP-Job
Analysis and SHRM -HRP Process-HRP and Outsourcing-Strategic
Recruitment and Selection-IT enabled acquisition -Alternatives to hiring.

Module III Strategic Human Resources Development -Corporate Strategy and Career
Systems-The Need for Training and Development-HRM approaches to
Training and Development-Linkage between Business Strategy and
Training -New Developments in Training and development.

Module IV Strategic Performance Management, Compensation and Employee
Relations-Performance Measurement approaches-Effective performance
Measurement-Compensation Reward Approaches-Trends in Top level
Executive Compensation-Strategic Linkage of Performance Management
and Compensation-Managing Employee Relations: Unions and Strategic
Collective Bargaining.

Module V Global Environment of HR-Change & Diversity-Difference between
Global HRM and Domestic HRM-Cross Cultural context-Strategic HR
Issues in Global Assignments-Competencies of HR Professional in a
SHRM Scenario.

References
1. Tanuja Agrawal, Strategic Human Resource Management, Oxford Publishers.
2. Rajib Lochan, Strategic Human Resource Management, Excel Books.
54

3. Jeffery .A. Mello, Strategic Human Resource Management, Cengage
Learning.
4. Richard Greer, Strategic Human Resource Management, Pearson.

HRM 10 - TRAINING AND DEVELOPMENT
Module 1 Introduction to training: need for Training and Development-
importance of Training and development in organization. A Systematic
Approach to Training & Development-Assessment phase, Training and
Development phase, Evaluation Phase, Training administrations,
effective usage of instructions in training.

Module II Needs Assessment and Analysis:, Organizational Support for need
assessment , operational analysis / Organizational analysis, requirement
analysis, individual analysis. Motivational aspects of HRD : Development
cycle; Reinforcement for behaviour modification- Learning theories,
stages of learning, learning principles, challenges to become learning
organization, trainee readiness, trainee motivation to learn, motivational
theories.

Module III Instructional Approaches: An Overview, Traditional Instructional
Approaches, modern Instructional Approaches, Internal Training Vs
External Training. Training Methods- On the job- Apprenticeship.,
working, mentoring .Off the job- Case studies, lectures, vestibule,
sensitivity, in-basket, role plays, audiovisual & other contemporary
methods. Role of Trainers, Qualities of a Good Trainers, Internal Trainer
Vs External Training.
Module IV Training Evaluation and Measurement: Introduction to evaluation process,
Introduction to criteria development, choosing criteria measures, The
Evaluation of Criteria, Evaluation, Experimental Designs, quasi
experimental design, Other methods of evaluation External Training
Validity, Models of Evaluation., ROI on Training.
Module V Human resource development concept - HRD at micro and macro levels -
Sub - systems of HRD - role of HRD function - concept of career career
Stages - career planning and development - need - steps in career Planning
- methods of career planning and development - career development
Actions and programs - career problems and solutions - guidelines for
Career management. Concept of management development - need and
importance of Management development - management development
process- Leader centered techniques of management development.

References
1. Goldstein Irwin L, Training In Organizations - Needs Assessment,
55

Development & Evaluation, Wordsworth Publication
2. Lynton & Parekh, Training for Development, Sage Publication
3. Robert L. Craig, ASTD Training and Development, McGraw Hill Publication
4. Dugan laird- Approaches to Training and Development, Perseus Publishing
2003
5. Rao TV , Readings in HRD, Oxford & IBH

INFORMATION SYSTEM ELECTIVES

IS 01-SYSTEM ANALYSIS & DESIGN

Module I Overview of System Analysis and Business modeling; System components,
Business profile, business process models, Business Systems Concept;
Systems Development Life Cycle; Project Selection; feasibility Study.
Impact of internet, web based system development, Guidelines for System
development, Roles and responsibilities of a Business Analyst.

Module II System analysis: Systems documentation consideration: Principles of
Systems Documentation, Types of documentation, Requirement gathering
techniques: Interviews, Group, Communication Questionnaires,
Presentations & Site Visits, SRS documentation. Tools for Analysis and
Design of Business System: modelling, prototyping, CASE tools;
Methodologies: Structured analysis, Object oriented analysis, agile
methods. System analysis activities, techniques: JAD, RAD, Agile
methods. Modelling tools: DFDs, Functional decomposition diagrams,
CASE tools, UML; Data and process modelling: DFDs, Data Dictionaries;
Process description tools: Decision Analysis; Decision Trees and Tables.

Module III Business Modelling with UML, Components of UML used in Business
Modelling, RUP, IDEF, and BPMN 2.0 basics. Object modelling: Object
oriented analysis, Object modelling with UML: Class diagram, Object
diagram, State chart diagram, Activity diagram, Sequence diagram,
Collaboration diagram, Use case diagram, Component diagram,
Deployment diagram
Module IV Output and User interface design: Output design, input design, user
interface design, File Design , Data design concepts, DBMS components,
ER diagrams, Documentation Tools ; Testing Techniques Available ;
Systems control and Audit trails ; Systems Administration and Training ;
Conversion and Operations Plan.
56

Module V Systems Control and Quality Assurance: Hardware and Software Selection
, Hardware Acquisition ; Bench marking , Vendor Selection , Operating
System Selection , Language Processors. Performance and Acceptance
Testing Criteria, Preparing User Manual. Maintenance Activities and
Issues.
References

1. Elias M. Awad, System Analysis & Design, Galgotia Publications. India
2. Senn, Analysis & Design of Information Systems, McGraw Hill International.
3. Shelly,Rosenblatt, System Analysis & Design, Cengage Learning, Eighth edition.
4. Hoffer, Modern System Analysis & Design, Pearson Education.
5. Rambaugh, Jacobson, Booch, UML- Reference Manual, Pearson.

IS 02- ELECTRONIC COMMERCE & INTERNET MARKETING

Module I Introduction to E-Business: Fundamentals of Information Technology,
Emergence of Internet & WWW, Digital economy, Emergence of E-
Commerce-commerce vs. E-business ,trends driving E-business , E-
business framework, Business models, Revenue models, Value chain, E-
business technology, software, Indian Scenario.

Module II Launching online business: Business plan, Funding, Web hosting, content
creation management, Website design and construction, Strategies for web
development, 7 Cs framework, web technologies: website and page
development tools, Open source tools.

Module III E-Payment system: Traditional vs. Digital payment systems, Digital
Payment requirements, Merchant account, Payment gateway, E-payment
methods: Credit cards, E-wallet, Digital Token based E-payment systems,
E-Cash, Innovative payment methods, E-loyalty and Reward programmes
,E-payment system Design, E-Banking, Main Concerns in Banking.

Module IV E-Security: Network and website security, Security Technologies, Internet
Security Holes, Cryptography, Codes and Cipher, Data Encryption
standard, Authentication, PKI, Digital signature, SSL, Firewalls, VPN,
Cryptographic applications .E-Commerce Risk Management, Information
Security in India, NASSCOMs Flagship Initiatives, Cyber laws in various
countries.

Module V E-Business Application Areas (CRM,ERP,SCM and Selling), Mobile
Commerce: Introduction to mobile commerce, Wireless applications,
Hand Held Devices, Mobile Computing, Wireless Web, Concepts of
WAP.E-Marketing: Browsing behavior model, Internet Marketing Trends,
E-Advertising, E-branding, Marketing Strategies, SEO, Location based
commerce, Emergence of Web 2.0, Social Media Strategies.

57

References
1. Dave Chaffey, E-Business and E-Commerce Management, Pearson Education,
2012.
2. Kalakota Ravi and M.Robinson, E-Business 2.0: Roadmap for Success, Pearson
Education.
3. Efraim Turban et al., E-Commerce, Pearson Education.
4. Joseph P.T., E-commerce An Indian Perspective, PHI

IS 03- ENTERPRISE RESOURCE PLANNING

Module I ERP: An Overview, Enterprise An Overview, Benefits of ERP, ERP and
Related Technologies, Business Process Reengineering (BPR), Data
Warehousing, Data Mining, OLAP, SCM.

Module II ERP Implementation-ERP Implementation Lifecycle, Implementation
Methodology, Hidden Costs, Organizing the Implementation, Vendors,
Consultants and Users, Contracts with Vendors, Consultants and
Employees, Project Management and Monitoring.

Module III The Business Modules-Business modules in an ERP Package, Finance,
Manufacturing, Human Resources, Plant Maintenance, Materials
Management, Quality Management, Sales and Distribution.

Module IV ERP Market - Market Place, SAP AG, Peoplesoft, Baan, JD Edwards,
Oracle, QAD, SSA.

Module V ERP Present and Future - Turbo Charge the ERP System, EIA, ERP and
e-Commerce, ERP and Internet, Future Directions.

References
1. Alexis Leon, ERP Demystified, Tata McGraw Hill, New Delhi.
2. Joseph A Brady, Ellen F Monk, Bret Wagner, Concepts in Enterprise
Resource Planning, Thompson Course Technology, USA.
3. Vinod Kumar Garg and Venkitakrishnan N K, Enterprise Resource
Planning Concepts and Practice, PHI, New Delhi.

IS 04- BUSINESS PROCESS REENGINEERING

Module I Conceptual Foundation of Business Process Re-engineering; Role of
information Technology in BPR; Nature, significance and rationale of
business process reengineering (BPR).

Module II Major Issues in process redesign: Business vision and process objectives,
Processes to be redesigned, Measuring existing processes; Process
Improvement and Process Redesign; BPR Experiences in Indian Industry.

58

Module III Process identification and Mapping; Role/Activity Diagrams; Process
Visioning and Benchmarking: Business Process Improvement. Designing
and building a prototype of the new process: BPR phases, Relationship
between BPR phases.

Module IV Typical BPR activities within phases: Change management, Performance
management, and programme management.

Module V BPR and continuous improvement: Co-ordination and complementary
efforts, IT capabilities and their organizational impacts, Implementation of
BPR, Stages of implementation and critical aspects, Case studies on BPR.
Man Management for BPR Implementation; Re- organizing People and
Managing Change.

References
1. R.Radhakrishnan and S.Balasubramanian Buisness Process Reengineering: Text
Case, PHI.
2. Jayaraman,M.S., Business Process Re-engineering, Tata Mcgraw Hill,
3. Michael Hammer, James Champy, Reengineering the Corporation: A Manifesto
For Business Revolution, Harper Collins Publishers.
4. Carr, D. K. and Johanson, H. J., Best Practices in Re-engineering, New York,
McGraw Hill.
5. Coulson Thomas, C., Business Process Re-engineering: Myth & Reality, London,
Kogan Page.

IS 05-SOFTWARE QUALITY MANAGEMENT

Module I Software Quality: Meaning and definition of Software Quality. Quality
control v/s Quality Assurance, Quality Assurance in Software at each
Phase of SDLC. QMS in an organization. Need for SQA group. Software
CMM and other Process improvement Models.

Module II Software Quality Measurement and Metrics: Product Quality Metrics:
Defect Density, Customer Problems Metric, Customer Satisfaction
Metrics, In-Process Quality Metrics: Defect Arrival Pattern, Phase-Based
Defect Removal Pattern, Defect Removal Effectiveness, Metrics for
Software Maintenance: Backlog Management Index, Fix Response Time,
Fix Quality.

Module III Basic Quality Tools : Ishikawas Diagram, Pareto Diagram, Histogram,
Run Charts, Scatter Diagram, Control Charts, Cause & Effect Diagram,
Relations Diagram,

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Module IV Six Sigma Methodology: Define Six sigma. Tracking Xs and Ys. Six
ingredients of Six Sigma. Three ways to Six Sigma Process
Improvement, Process Design/Redesign, Process Management.
Organizing for six sigma Leadership Group, Project Sponsors &
Champions, Implementation leader, Master Black Belt, Black Belt, Team,
Process owners. DMAIC Vs DMADV process.

Module V Software Verification, Validation & Testing: Objectives and Limits of
Testing, Value Vs Cost of testing, Test Planning, Static Testing,
Functional Testing, Structural Testing, Performance Testing, Testing
Environment, Automated Testing Tool, Analysing and Interpreting Test
Results.

References

1. Nina S Godbole, Software Quality Assurance: Narosa Publishing House Pvt. Ltd
2. Stephen H. Kan, Kan, Metrics and Models in Software Quality Engineering
Second Edition, Pearson Education, Inc.
3. Gerald D. Everett, Raymond McLeod, Software Testing- Testing Across the
Entire Software Development Life Cycle, John Wiley & Sons , Inc Publication.
4. Pankaj Jalote, CMM in Practice. Processes for Executing Software Projects at
Infosys, Pearson Education

IS 06- MULTIMEDIA MANAGEMENT

Module I Introduction to multimedia- Stages in multimedia project- Multimedia
Team

Module II Multimedia hardware- Multimedia software- Basic Tools- Authoring
Tools- Multimedia building blocks.

Module III Text- Sound- Images- Animation- Video- Multimedia and Internet- Tools
for the World Wide Web.

Module IV Designing for World Wide Web- Planning and costing Designing and
producing -Assembling and delivering a project.

Module V Uses of MultimediaMultimedia in Business Multimedia in public
places- Multimedia in schools and home.

References

1. Tay Vaughan, Multimedia: Making it Work, Tata Mcgraw Hill, New Delhi.
60

2. Anurag Sethi , Multimedia Education: Theory and Practice, Tata Mcgraw Hill,
New Delhi.

IS 07- MANAGEMENT SUPPORT SYSTEM

Module 1 Overview of CBIS Applications : Decision Making Concepts A Need
for Computerized Decision Support; Role of Decision Support Systems in
Business; A Framework for Decision Support. Modeling in Decision
Support; Microsoft Excel DSS Tool What-if Analysis, Scenario
Manager, Goal Seek, Sensitivity Analysis.

Module II Group Decision Support Systems; Multi participant decision maker
structures (MDM).MDM Support technologies. Enterprise Decision
Support System: Concepts and definitions. Evolution and future of
Executive and Enterprise Information System.

Module III Use of DSS Technology for Marketing, Finance, Production and HRM.
Modeling of Multi-Objective and Analytic Hierarchy Process. Artificial
Intelligence, Need and Application. AI based systems

Module 1V Expert system: concepts & structure. Human element of expert system.
Expert system consultation- illustration. Problems, benefits, limitations of
Expert system Development of a Expert system; Expert System Shells;
Working on an expert system Shell;

Module V Executive Information Systems definition; their Applications. EIS
components. Making EIS work. Future of EIS
References:

1. Turban, McLean, Wetherber, Information Technology for Management, Tata
Mcgraw Hill, New Delhi
2. Gerald V Post, David L Anderson, Management Information System, PHI
3. George M Marakas, Decision Support System in 21st century , Tata Mcgraw Hill,
New Delhi,
4. Gordon B Davis, Management Information System, Tata McGraw Hill, New
Delhi

IS 08- SOFTWARE PROJECT MANAGEMENT

Module I Software engineering and management: Functions of management,
Need for software management, Conventional software management,
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Evolution of software Economics .Improving software Economics,
conventional and modern software engineering.

Module II Software development as a process: Building the software
development team - Team building as a process, The Apollo
syndrome, Management Styles, A maturity model for software project
management, Process of team building ,Developing and maintaining
project plan Software development plan, using the work break down
structure, optimizing the project plan using the design structure matrix,
risk management.

Module III Management Methods and Technology: Selecting a software
development life cycle model the software quality life cycle,
modeling process, life cycle models, selecting a software development
life cycle , Modeling the target system requirements modeling
methods, requirements analysis using self interaction matrices, real-
time systems. Estimating project size, cost and schedule costing and
sizing software projects, software lifecycle management, 3D function
point method, cost variance method ,Tracking the software project
plan tracking schemes, Earned Value Management (EVM),
precedence diagramming for cost and schedule control, tracking
remedial action.

Module IV Managing software professionals: Improving team performance
basics, relative importance of workplace, models of motivation,
managing high performance teams-Evaluating software development
team classic techniques for valuating individuals, Strategy Based
Evaluation methods (SEM), the SEM process, traditional performance
evaluation methods, evaluating the software development team.

Module V Future of software management: Modern project profiles, Next
generation software economics, Modern process transitions Agile,
SCRUM approaches of project management.

References:

1. Lawrence J Peters . Getting results from software development teams,
Microsoft Press
2. Walker Royce Software project Management, Addison-Wesley

IS 09- DATABASE MANAGEMENT SYSTEM

Module I Overview of DBMS : Database Management in organisations ; Objectives
of DBMS ; Evolution ; data structures ; DBMS Architecture ; User
interface, data languages, DBMS modes of operation.
62

Module II DBMS functions: Design ; retrieval ; creation and updating; backup and
recovery.

Module III Study of Relational Data Base Management System for successful
implementation of Distributed systems; RDBMS concepts, structure and
ER models ; Normalisation and Logical design Query Language for
RDBMS.

Module IV Structured Query Language basic structure of SQL queries, DML, DDL,
DCL statements ; Distributed database systems - data fragmentation,
replication and allocation techniques ; object oriented databases ; online
database ; database administration ; trends to the future in database
management.

Module V Applications ; Advanced transaction processing transaction processing
monitors, transactional workflows, Real- time transaction systems, Long
duration transactions, transaction management in multi-databases;
Evaluation of commercially available software systems

References:

1. C.J Date, A. Kannan, S.Swamynathan, Introduction to Database system, Pearson
education.
2. Gorden.C. everest, Database management, Tata McGraw Hill.
3. Abraham silbershatz, Henry F. Korth, S. sudarshan, Database system concepts,
McGraw Hill International Edition.
4. Elmasti, Navathi, Somayajulu, Gupta, Fundamentals of database systems,
Pearson education.

IS 10 -PLANNING AND IMPLEMENTING IT STRATEGIES

Module I Technology Transforms IT Organizations Why IT Strategy is required?
What are the various dimensions of IT Strategy - Value propositions
Managerial decisions Transforming organization - Aligning Business
Objectives with IT Strategy Six important trends Value chains Five
forces model Dynamic model New business models analyzing
business models Transformation with IT IT variables for designing
organizations T-Form organization New management challenges.

Module II Globalization and international business International business strategies
Key issues Virtual firms and IT Business models and IT
management IT investment opportunities matrix IT and investment
equation Investment decision guidelines for IT investment Choosing
technology Outsourcing Pros and Cons, Objectives.
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Module III Implementing IT Research implementation Implementation strategy
Implementing IT based transformations Disaster recovery and Business
continuity managing IT function Management control of IT Control
theory Failure control information control Technology, Process and
People dimension of IT Strategy - group decision making.

Module IV Impact of the components First component Computer systems Second
component Database Third component Powerful networks Neural
networks Cloud grid computing - Future technology IT Strategy
focus points for 2011 and 2012 and beyond.

Module V Decision and intelligent systems Expert systems and AI (SCM) Supply
Chain Management (CRM) Customer Relationship Management
Knowledge Management Ethical issues in corporate governance and IT
virtual organization monitoring SLAs (Service Level Agreements).

References:

1. Henry C. Lucas, Information Technology Strategic Decision Making for
Managers, Wiley - India Edition.
2. Rich Schiesser, IT Systems Management, PHI.

PRODUCTION AND OPERATIONS MANAGEMENT
ELECTIVES

POM 01- SUPPLY CHAIN AND LOGISTICS MANAGEMENT

Module I
Introduction to Supply Chain Management (SCM): Concept of SCM
Components Features Strategic issues in SCM, The Supply Chain Revolution
-Customer focus in SCM , Demand planning, Purchase Planning Make or Buy
decision indigenous and global sourcing, Development and Management of
suppliers Legal aspect of Buying Cost management- Negotiating for
purchasing and sub contracting Purchase insurance Evaluation of Purchase
performance.

Module II
64

Manufacturing Scheduling: Manufacturing flow system Work flow automation
Flexibility in manufacturing to achieve dynamic optimization, Material handling
system design and decision, Strategic Warehousing Warehousing Operations
Warehousing Ownership Arrangements Warehouse Decisions.

Module III
Logistics: The Logistics of Business The Logistical Value Proposition The
Work of Logistics Logistical Operating Arrangements Flexible Structure
Supply Chain Synchronisation, Transport Functionality, Principles and
Participants Transportation Service Transportation Economics and Pricing
Transport Administration - Documentation.

Module IV
Information Technology and SCM: Information System Functionality
Comprehensive Information System Integration Communication Technology
Rationale for ERP Implementation ERP System Design Supply Chain
Information System Design Enterprise Facility Network Warehouse
requirements Total Cost Integration Formulating Logistical Strategy

Module V
International Logistics and Supply Chain Management: Meaning and objectives,
importance in global economy, Characteristics of global supply chains,: Global
Supply Chain Integration Supply Chain Security International Sourcing - Role
of Government in controlling international trade and its impact on Logistics and
Supply Chain.

References:
1. Bowersox, Closs, Cooper, Supply Chain Logistics Management, McGraw Hill.
2. Donald J Bowersox, David J Closs, Logistical Management (The integrated
Supply Chain Process), TMH
3. Sunil Chopra, Peter Meindl, Supply Chain Management (Strategy, Planning and
Operation), Pearson Education, India.
4. Burt, Dobbler, Starling, World Class Supply Management, TMH.
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POM02- TOTAL QUALITY MANAGEMENT

Module I
Quality Management Definition, Concept, Features, Dimensions of Quality,
Quality Planning, Quality Costs, Evolution of Quality Management ,Quality
revolutions in US, Japan and India.
Quality Gurus Demings principles on Total Quality Management, Jurans
Triology, Crosbys principles on Quality Management.

Module II
Statistical Quality Control (SQC) Concepts, Acceptance Sampling by variables
and attributes Control Charts for variables, fraction defectives and defects. Seven
Tools of Analysis Control Chart, Pareto Diagram, Ishikawa Diagram,
Histogram, Flow Charts, Scatter Diagram, and Stratification New Seven
Analysis tools. Six Sigma concepts of process quality.

Module III
Benchmarking Types, Reasons, Process.Quality Function Deployment (QFD)
Benefits, QFD Process, House of Quality. Failure Mode and Effect Analysis
(FMEA). Tauguchi Quality Loss Functions. Total Productive Maintenance (TPM)
Concepts, Objectives, Fundamental Elements, Total Preventive Maintenance,
Components.

Module IV
Quality education and training quality process, Quality system Quality
measurement system Cost of Quality Quality planning Quality information
feedback Internal customer concept - Auditing for TQM. TQM in India.
Pitfalls in operationalising Total Quality Management.

Module V
Quality awards Rajiv Gandhi National Quality Award, Deming Application
Prize, European Quality Award, and Malcolm Baldrige National Quality Award.

66

References:
1. Dale H Besterfield, Total Quality Management Pearson Education, New Delhi
2. Juran Joseph M, Total Quality Management, Mc Graw Hill.
3. Jain, Quality Control and Total Quality Management, Tata McGraw Hill.
4. R.P. Mohanty and R.R. Lakhe, TQM in service sector, Tata McGraw Hill.
.

POM 03- ADVANCED MAINTENANCE MANAGEMENT

Module I

Maintenance Concepts: Objectives & functions of Maintenance, Maintenance
strategies, Organization for Maintenance, Types of Maintenance maintenance
systems planned and unplanned maintenance breakdown maintenance
corrective maintenance opportunistic maintenance routine maintenance
preventive maintenance predictive maintenance condition based maintenance
systems design-out maintenance selection of maintenance systems.

Module II
Maintenance Planning and Equipment Efficiency Management: Overhaul and
repair meaning and difference, Optimum Maintenance policy for equipments
subject to breakdown, Replacement decisions: Optimum interval between
preventive replacement of equipment subject to breakdown, group replacement,
Physical Asset Management, Overall Equipment Effectiveness Measuring
Equipment Effectiveness
Module III

Failure Data Analysis, MTBF,MTTF, Useful life-Survival curves, Repair time,
Breakdown time distributions- Poissons, Normal, Exponential, Failure Mode
Effects and Criticality Analysis

Module IV

Availability, Reliability, Maintainability: Availability of repairable systems,
Concept of Reliability, System reliability- Series, Parallel and mixed
configuration, Reliability improvement, Concept of Maintainability,
Maintainability prediction, Design for Maintainability, Maintainability
Improvement, Availability- Maintainability-Reliability trade off.

Module V

67

Advanced Techniques: Reliability centered Maintenance, Total Productive
Maintenance(TPM)- Philosophy & Implementation, Signature Analysis-MMIS-
Expert systems, Concept of Tero-Technology, Reengineering Maintenance
process,

References
1. Kelly and M.J. Harris, Management of Industrial Maintenance, Butterworth and
Company Limited.
2. AKS Jardine, Maintenance, Replacement and Reliability, Pitman Publishing.
3. R.C.Mishra & K.Pathak, Maintenance Engineering & Management, PHI.
4. Sushil Kumar Srivatsava, Industrial Maintenance Management, S.Chand &
Company.

POM 04 - LEAN MANUFACTURING

Module I
Lean manufacturing and six sigma overview : Evolution of Lean; Traditional
versus Lean Manufacturing; Business of Survival and Growth; Business Model
Transformation; Ford Production System; Job Shop Concepts Concept of Lean;
Toyota's foray in Lean.

Module II
Design - Value Stream Management: Definition; VSM Types; Product Family
Selection; Value Stream Manager; Current State Map; Process Box; Value Stream
Icons; 3 Ms - Muda, Mura, Muri - 7 Types of Muda; Future State Map; Value
Stream Plan; Process Stability - Loss Reduction 7 Major Losses Reduction.
Demand Stage :Market Dynamics; Customer Demand; PQ Analysis; PR Analysis;
TAKT Time; Pitch; Finished Goods Stock; Cycle Stock; Buffer Stock; Safety
Stock.

Module III
System implementation : Flow Stage : Continuous Flow; Cell Layout; Line
Balancing; Macro and Micro Motion Analysis; Standardised Work; Concept of
Kaizen; Steps involved in Kaizen Deployment; Industrial Engineering - Concepts
and Fundamentals; KANBAN Concepts ; Types of Kanbans ; and Practical
Application ; Concept of Pull; Changeover Time Reduction - External & Internal
Single Minute Exchange of Die; Quick Die Change; Quality-Vendor,In Process
and Customer Line ; Concept of PPM; Pokayoke; Prevention & Detection Types;
Maintenance - Preventive, Time Based and Condition Based; Human
Development for Lean, Leveling Stage of Lean Implementation : Production
Leveling ; Leveling Box; Concept of Water Spider.

Module IV
Lean metrics and lean sustenance: Identify Lean Metrics; Steps involved in Goal
Setting; Corporate Goals; Kaizen Cloud identification in VSM ; Lean
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Assessment. Cultural Change; Reviews; Recognition; Improving Targets and
Benchmarks.

Module V
Six sigma and DMAIC tools: Project charter, stakeholder analysis, SIPOC, Voice
of the customer, Rolled throughput yield, KANO Models, CTQ Tree, Process
Mapping Data collection, measurement system analysis, sampling plans, process
capability, cost of poor quality (COPQ), FMEA Regression Analysis, cause &
effect diagram, Hypothesis testing, Design of experiments, Response Surface
methodology, Poka-yoke, Quality Control, Control charts.

References
1. Jeffrey Liker and David Meier, The Toyota Way Fieldbook, McGraw-Hill.
2. Pascal Dennis, Lean Production Simplified, Productivity Press.
3. James Womack and Daniel Jones, Lean Thinking, Free Press.
4. Don Tapping, Tom Luyster and Tom Shuker,Value Stream Management
Productivity Press.
5. Tom Luyster and Don Tapping, Creating Your Lean Future State: How to Move
from Seeing to Doing, Productivity Press.

POM 05 - INTEGRATED MATERIALS MANAGEMENT

Module I
Introduction to Materials Management, Concept significance and strategic role
of Integrated Materials Management, Materials codification and computerization,
Universal product Code, RF Id System.
Module II
Materials planning and forecasting, Inventory Planning and Control Models
EOQ Model, Quantity Discounts Reorder point Lead Time Analysis Safety,
Stocks Q System P System S System. Materials Requirement Planning
(MRP), Materials Problems in Indian Conditions, Inventory Audit and
Information Systems.

Module III
Purchasing Fundamentals Make or Buy Source Selection Vendor Rating and
Vendor Development - Value Analysis. Purchase Negotiations Purchase Timing
Purchase Contracts Purchase Insurance - Purchasing Capital Goods, Seasonal
69

Goods, Imported Goods, Deferred Payment Schemes Lending Institutions
Leasing Trends. Governmental buying D.G.S.&D Procedures, International
Buying

Module IV
Stores Management Concepts, Location and layout of Warehouses Different
typical models, Stores Procedures and Records for Receipt, Inspection, Issue,
Reorder checking Kardex Stores Accounting.

Module V
Practical problems in Management of dead stocks, surplus stocks and scraps
Systems & Procedures for disposal and Control, Materials Handling and
Transportation Management Case Studies, Evaluation of Materials Management
Performance.

Reference:
1. Gopalakrishnan P & Sundarasan M, Materials Management: An Integrated
Approach, Prentice Hall of India
2. Datta A.K, Materials Management Text and Cases, Prentice Hall.
3. J.R.Tony Arnold & Stephen N. Chapman, Introduction to Materials Management,
Pearson Education
4. Gopalakrishnan P, Handbook of Materials Management, Prentice Hall.
5. Panneerselvam.R, Production and Operations Management, Prentice hall.

POM 06 - PRODUCTIVITY MANAGEMENT

Module I
Productivity concepts Macro and Micro factors of productivity, productivity
benefit model, productivity cycles. Internal and external factors affecting
enterprise productivity.

Module II
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Productivity Measurement at International, National and organization level, total
productivity models. Productivity Management in manufacturing and service
sector. Productivity evaluation models, productivity improvement model and
techniques.

Module III
Value Analysis and Value Engineering: Concept Procedure Application and
role in Productivity, Case examples of successful applications, Pareto Analysis,
Zero-based-budgeting, Waste reduction and energy conservation.
Module IV
Work Study: Importance, Method Study and Work Measurement Pioneers of
Performance Measurement. Method Study: Method, Need and Procedure, Work
simplification, Principles of Motion Economy.

Module V
Work Measurement: Techniques -Estimating, Stopwatch Time Study,
Predetermined Time Standards, Synthetic Estimates of Work Times, Activity
Sampling. Computation of Standard Time, Types of Elements, Performance
Rating, Allowances Need and Types.TPM: Meaning and objectives of TPM;
Methodology of TPM, gains of TPM

References:
1. Sumanth, D.J., Productivity engineering and management, Tata McGraw-
Hill,NewDelhi.
2. H. James Harrington, Business Process Improvement: The Breakthrough
Strategy for Total Quality, Productivity and Competitiveness, McGraw-Hill
Press.
3. Rastogi, P.N., Re-engineering and re-inventing the enterprise, Wheeler
publications, New Delhi.

POM 07 - OPERATIONS STRATEGY

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Module 1

Strategic Management : organizations and managers, contents of strategy, levels of
strategic decision, designing a strategy, approaches to design - top-down and bottom-
up approaches, steps, defining the purpose of operations, business environment,
components of environment, economic environment, industries, industry life cycle,
markets

Module II
Operations Strategy concept: aims of an operations strategy, contents of an operations
strategy, and approaches to designing an operations strategy, market view, resources
view
Designing an operations strategy focuses of operations strategies: product
differentiation, materials management environmental scans, analysis of the
environment, PEST analysis, operational audit, SWOT analysis- implementing the
strategy - meaning of implementation, stages of implementation, designing
infrastructure, controlling the strategy, action plan for implementation

Module III

Products and innovation: product planning, entry and exit strategies, new product
development, market demands, operations requirements, production possibility curve
quality management strategic importance of quality, quality management, quality
revolution, Total Quality Management zero defects, implementing TQM, ISO 9000,
quality control

Module IV

Capacity Management: measures of capacity, capacity planning, approaches to
planning, forecasting demand, timing and size of change, size of expansion, changing
capacity over time, different levels of capacity plan

Module V

Structure of the supply chain: role of logistics and supply chain management,
integration of activities along the supply chain, location of facilities, strategic
sourcing and supply management, risk management, operational hedging, mass
customization and technology movement of materials, flow of materials, importance
of procurement, inventory management, models of independent demand

References:

1. Donald Waters, .Operations Strategy, Thomson Learning India.
2. Premvrat, SardanaG.D., and Sahay, B.S.,Productivity Management Systems
approach,Narosa Publications, NewDelhi.
72

3. Joseph Prokopenko, Produdivity Management : A Practical Handbook,
International Labour Office.

POM 08 - TECHNOLOGY MANAGEMENT

Module 1
Evolution of Technology: Effects of New Technology- Technology Innovation-
Invention-Innovation-Diffusion- Revolutionary and Evolutionary Innovation-
Product and Process Innovation. Technology environment Science and
Technology in India.

Module II

Strategic Implications of Technology: Technology - Strategy Alliance-
Convergent and Divergent Cycle- The Balanced Approach- Technology
Assessment- Technology Choice- Technological Leadership and Followership-
Technology Acquisition

Module III

Technology Absorption and Diffusion absorption, adaptation and improvement,
Diffusion of Technology: Rate of Diffusion- Innovation Time and Innovation
Cost- Speed of Diffusion- Technology Indicators- Various Indicators.

Module IV
Technology policies, incentives and support mechanisms Organizational
Implications of Technology: Relationship between Technical Structure and
Organizational Infrastructure-Flexible Manufacturing Management System
(FMMS).

Module V

Functional aspects: Financial Aspects in Technology Management-Improving
Traditional Cost Management System- Barriers to the Evaluation of New
Technology- Social Issues in Technology Management-Technological Change
and Industrial Relations- Technology Assessment and Environmental Impact
Analysis- Human Aspects in Technology Management-Integration of People and
Technology

References:
1. Gerard H Gaynor, Hand Book of Technology Management, McGraw Hill
2. David L. Bodde, The International Entrepreneur, Prentice Hall of India, New
Delhi
3. Frederic Betz, Strategic Technology Management, McGraw Hill

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POM 09 - SERVICE OPERATIONS MANAGEMENT

Module I
Introduction to services Nature and Characteristics of Services and Service
Encounters, Service Organization as a system, Service Strategy formulation ,
Basic and Integrative elements of Strategic service.

Module II
Building Service System Technology: Its impact on services and their
management- Design and development of Services and Service delivery system,
Work Measurement in Services, Time studies, Predetermined Time Standards,
Work sampling, Locating and Designing Service- Factor weighting method,
Center of Gravity method, Service facility Layout, Service layout strategies for
Product Layout, Process Layout, Office layout, Retail store Layout, Warehousing
and Storage Layout.

Module III
Operating the Service System- Managing Demand, Nature and pattern of Service
demand, Strategies for influencing Demand, Yield management, Queuing theory
and Simulation, Managing Supply, Capacity, Components of Capacity, Strategies
for Management of Supply, Overbooking, Allocating capacity- Static,Nested and
Dynamic Methods, Inventory Management in Services, Methods to reduce stock-
outs, shrinkages and inventory inaccuracy

Module IV
Managing Service Operations- Service Quality, Dimensions of Service Quality,
Achieving Quality, Reinforcing Service Quality through Service Recovery and
Service Guarantee, Service Productivity, Measurement and Methods to increase
Service Productivity,. Basic understanding of Data Envelopment Analysis and
Scoring System.
Module V
Case studies in service operations management-
74

Travel and tourism sector Hotel, Airline
IT and communication sector Information technology, Telecom services,
Computer networking service
Healthcare sector Hospital, Medical Transcription
Financial Services sector Insurance, Banking, Portfolio services
Educational services Education, Training.

References
1. Richard Metters, Kathryn King-Metters, Madeliene Pullman, Steve
Walton,Service Operations Management Cengage Learning India Private Ltd.
2. Cengiz Haksever,Barry Render,Roberta S Russell, Roberta G.Murdick, Service
Operations Management, Second Edition, Pearson Education Pvt Ltd.
3. Robert Johnson, Graham Clark, Service operations management : improving
service delivery,, Pearson Education,Third Edition.

POM 10 - OCCUPATIONAL HAZARDS AND INDUSTRIAL SAFETY

Module I
Understanding the importance of safety at work: Concept of Safety-Applicable
areas- Recognition, evaluation and control of physical hazards- Hazard Analysis,
Human Error and Fault Tree Analysis- Emergency Response-Hazards and their
control in different manufacturing and processing industries.

Module II
Industrial Accidents: Causes and effects of Industrial accidents-Impact of
accidents on employees, union, management and society- Organisations Role and
Responsibility in the Prevention of Accidents- Different models.
Module III
Standard of Safety Norms:Indian scenario Safety Protection- Safety Policy
Personal safety Responsibilities of management in health and safety-.
Occupational Health and Safety considerations in Wastewater Treatment Plants. -
Functions of National Safety Council

Module IV
Legal provisions regarding safety:
Factories Act-1948 1nd Amendment 1987- Sections 11 -16, 18-20
Sections 17, 21 24, 28, 32,, 34-36, 38,45
The Mines Act Section 25 ESI Act Section 39
Public Liabilities Insurance Act-
Section 13
75

Workmen Compensation Act and Fatal Accident Act

Module V
Accidents in work place-Types, Investigation methods, Analysis ,Reporting and
Recording
Injuries -First aids- Health problems in different types of industries
construction, textile, steel,food processing and pharmaceutical.
Fire- Causes, Types of fire, Extinction of fire, Prevention of fire.

References
1. Dr.Naseer Elahi, Industrial Safety Management, Gyan Publication, New Delhi.
2. L.M. Deshmukh, Industrial Safety Management, Tata Mc Graw Hill.
3. R.K.Trivedi, Pollution Management in Industies, S Chand Publishing, New Delhi.
4. O.P.Khanna, Industrial Engineering, S Chand Publishing, New Delhi.

INTERNATIONAL BUSINESS ELECTIVES

IB 01 - INTERNATIONAL ECONOMICS

Module I Introduction: International Economics- meaning, Scope & Importance
Inter-regional and international trade. Importance of International Trade.
Theoretical Aspects of Economic Integration: Free trade area, customs
union and common market; Theory of customs union; Trade creation and
Diversion effects.

Module II Theories of International Trade. Theory of Absolute Cost Advantage,
Theory of Comparative Cost Advantage. Intra-Industry Trade. Gains from
Trade, Measurement of gains, static and dynamic gains. Terms of trade
Importance & Types, Detrainments of Terms of trade, Causes of
unfavorable terms of trade to less developed countries.

Module III Trade policy & Exchange Rate, Free trade policy - case for and against,
Protections case for and against, Types of Tariffs and Quotas,
Determination of Exchange rate, Fixed & Flexible Exchange Rate- Merits
& Demerits.

Module IV Balance of Payments, Balance of trade and Balance of payments;-
Concepts and Components Equilibrium and Disequilibrium in Balance of
Payments; Causes and Consequences, Measures to correct deficit in the
Balance of Payments. International Monetary System, Devaluation; -
76

Merits, Demerits and Limitations, Foreign Trade Multiplier; - Concept and
Limitations, IMF, World Bank Objectives, Functions & Performance.

Module V Foreign Trade in India, Recent changes in the composition and direction
of foreign trade; Causes and Effects of persistent deficit in the Balance of
Payments; Measures adopted by the Government to correct the deficit
after 1991; WTO & India Export Promotion measures, Partial and Full
convertibility of Indian Rupees, Export Promotion Contribution of SEZ
Foreign Trade policy 2009, Role of Multinational Corporations in India.

References

1. Krugman, P.R. and M. Obstfeld , International Economics : Theory and
Policy, Pearson.
2. D,Salvatore, International Economics, Wiley India.
3. Soderste, International Economics, Macmillan Press Ltd.
4. Cherunilam, Francis, International Economics, TATA McGraw-Hill Publishing
Company Ltd, New Delhi.

IB 02 - INTERNATIONAL FINANCIAL SYSTEM

Module I Introduction to International Financial System: International Monetary
System: Features and requirements; System of exchanging currencies
From Bretton Woods system to free float and convertibility; Pegging of
currencies target zone arrangement; European monetary system;
International liquidity.

Module II Exchange Rate Determination: Exchange rate determination in spot and
forward market Interest Rate Parity (IRP), Purchasing Power Parity,
Fisher open equation Monetary and portfolio balance approaches; Short
run demand and supply theory, BOP theory, and Growth theory;
Forecasting Exchange Rate.

Module III Foreign Exchange Markets and its Activities: Exchange rate quotations
and practices; Foreign exchange market activities; Forex Exposure and
Risk Management. Arbitraging, hedging and speculation.

Module IV International Financial Markets and Instruments: Changing scenario;
International capital and money market instruments; International
development banking; Euro currency markets; International securities
markets and instruments -Bond and notes market; equity market, GDR,
ADR, EDR and IDR; Integration of financial markets and approach; Role
of financial intermediaries.

77

Module V International Debt Problem: Problem of debt servicing and developing
countries (with special reference to India).

References
1. Shapiro, C, Alan, Multinational Financial Management, Wiley India
2. Sharan, V., International Financial Management, Prentice Hall of India Private
Ltd. New Delhi.
3. Levi, Maurice, International Finance, McGraw Hill Inc., New York.
4. Seth, A.K., International Financial Management, Rutledge,

IB 03 - INTERNATIONAL MARKETING

Module I Nature, importance and scope of international marketing International
market orientation and involvement, International marketing management
process an overview. Influence of physical, economic socio - cultural,
political and legal environments on international marketing, operations;
Scanning and monitoring global marketing environment; International
marketing information system.

Module II International Market Segmentation and Positioning; Screening and
selection of markets; International market entry strategies. International
Product Planning: Major Product and Services decisions. Product
standardization vs. adaptation; Managing product line; International
product life cycle; New product development.

Module III Pricing for International Markets: Factors affecting international price
determination; International pricing process and policies; Delivery terms
and currency for export price quotations; Transfer pricing. International
Distribution Decisions: Distribution channel strategy-International
distribution channels, their roles and functions; Selection and management
of overseas agents; International distribution logistics inventory
management transportation, warehousing and insurance.

Module IV International Promotion Strategies : Communications across countries-
complexities and issues; International promotion tools and planning
Advertising, personal selling, publicity and sales promotion; Developing
international promotion campaign; Planning for direct mail, sales
literature, trade fairs and exhibitions.

Module V
International Marketing Planning, Organising and Control: Emerging
trends in International Marketing; International Marketing through
Internet; Ecological concerns and International Marketing ethics.

References
78

.
1. Cateora, Phillip R. and Grahm L John, International Marketing, Irwin
McGraw Hill, Boston.
2. Paul, Justin, Kapoor , Ramneek, International Marketing, McGraw Hill.
3. U.C, Mathur, International Marketing: Text and Cases, Sage India.
4. R, Srinivasan, International Marketing, Prentice Hall India.

IB 04 - INTERNATIONAL TRADE POLICIES AND PROCEDURES

Module 1
Indias Foreign Trade and Investments: Pattern and structure of Indias
foreign trade; Terms of trade; Foreign investment flows; Indias balance of
payments account and correction policies.

Module II
Policy Framework and Promotional Measures: Indias foreign trade and
investment policy; Policy making body and mechanism; Export promotion
measures and infrastructure support export and trading, houses, export
promotion schemes and incentives; Institutional arrangements for export
promotion; Export processing/special economic zones, 100% EOUs.

Module 111
EXIM Operations and Documentation: Trade operations and
documentation; Documentation areas and dimensions; Nature and
characteristic features of Exim documents; EDI and documentation. EXIM
Policy Framework: Legal framework, Objective of EXIM policy; Policy
overview Facilities and restrictions; getting started in export business.
Legal framework in India FEMA- Origin and objectives, Main provision
of FEMA and FEDAI

Module 1V
International Trade Terms: Trade contract and trade terms; DA Letter of
credit and parties involved; Process of opening and advising LC, Types of
LC; Export Payment Terms: Credit risk management and payment terms;
Main features of payment terms -Advance payment, open account,
documentary credit Documentary bills for collection DP and DA;
UCPDC .

Module V
Credit Risk Management: Export credit insurance Concept and
importance; Role of Export Credit Guarantee Corporation (ECGC);
Covers issued by ECGC; Financial guarantees; Coverage of commercial
and political risks procedures and documentary requirements. Excise
duty Definition, rationale, stages of levying and collection; Type of
duties.
References
1. H, Elhanan, International trade and trade policy, MIT Press.
2. Hazari, R. Bharat, International Trade: Theoretical Issues, Croom
Helm, London and Sydney.
79

3. Mannur, H.G., International Economics, Vikas Publishing House, New
Delhi.
4. Salvatore, D., International Economics, John Wiley & Sons..
5. Ministry of Commerce, Handbook of Procedures, Volumes I and II, Government
of India, New Delhi.
6. Ram, Paras, Exports: What, Where and How? Anupam Publications, New Delhi,

IB 05 -GLOBAL SOURCING AND BUSINESS DEVELOPMENT

Module I Global Sourcing procuring from all over the world: Meaning,
Opportunities and Challenges in Global
Sourcing Differences between Global Sourcing and other sourcing
Strategies - Global Sourcing Process examples of successful companies
profiting from Global Sourcing General conditions required for efficient
Global Sourcing.

Module II The most attractive regions for international procurement: important
criteria when selecting country Significant tools for country assessment
sourcing market: China, India, and Eastern Europe.

Module III Global Sourcing as a profit booster products suitable for Global
Sourcing Positioning the purchasing department for Global Sourcing
Operational procurement Strategic procurement management Clear
decision for or against Global Sourcing Product specification for
comparable offers Suitability for various countries for various products
Search for finding optimal supplier supplier information for Global
Sourcing Procurement, Controlling.

Module IV Legal aspects of Global Sourcing basic elements of Global Sourcing
contract - Significance of Global Sourcing of the UN convention on
contracts for the international sale of goods Agreements on default
payment terms securities Enforcement of claims in International
Business Assessment of country and debtor risk.

Module V Profitable growth and increasing the shareholder value through Global
Sourcing - Global Sourcing as a growth booster Global Sourcing as a
value enhancement instrument for private equity houses Positive effects
of Global Sourcing on shareholder value.

References

1. Gerd Kerkhoff Global Sourcing for the future, Wiley publishers.
2. Borstelmann, Kai,Global Sourcing, Wiley publishers.
80

3. Wolfgang Schneid, Global Sourcing Strategic Reorientation of purchasing,
GrinVerlag Pub.

IB 06 - INTERNATIONAL HUMAN RESOURCE MANAGEMENT

Module I HR and Global Business Challenge The differences between
domestic and international Human Resources The Various
perspectives and approaches of International Human Resource
Management.

Module II The role of cultural understanding Culture and HR functions in a
global subsidiary Planning Recruitment and Selection, Staffing
Policies, Performance Management of international employees,
Performance Appraisal in a global context. Recent innovative
methods in HRM.

Module III Orienting and training employees for global assignments
approaches to training - Integrating business strategy with
international training & development. Compensation-.various
approaches Factors affecting compensation systems. Benefits
The adjustments and incentives.

Module IV ILO and International Labor Relations Key issues, Various
Agreements International Labour standards, Safety and fair
Treatment, Repatriation: Process, Problems and Solutions.

Module V MNCs and HR Policies. Human Resources Practices and
Programs adopted in USA, EUROPEAN and Major Asian
countries (Japan, China and India).

References
1. Dowling, PJ and Welch, DE. International Human Resource Management,
Cengage Learning, Thompson..
2. Randal Schuler & Susan Jackson. Managing Human Resources in Cross-Border
Alliances. Rutledge Taylor & Francis Publication.
3. Pawan, Budhwar. Managing Resources in Asia-Pacific. Rutledge Taylor &
Francis Publication.
4. Paul Sparrow., Chris Brewster and Hillary Harris. Globalizing Human Resource
Management. Rout ledge Taylor & Francis Publication.
5. P.L ,Rao, International Human Resource management, Excel books.

81

IB 07 - INTERNATIONAL ECONOMIC ORGANISATIONS

Module I International Economic Organizations and Development Diplomacy:
Regimes and Regimes theory.

Module II International Organisations as international institutions; International
Monetary Fund (IMF): World Bank Group-International Bank for
Reconstruction and Development (IBRD), International Development
Agency (IDA), International Finance Corporation (IFC), Multilateral
Investment Guarantee Agency (MIGA).

Module III General Agreement on Tariffs and Trade (GATT); World Trade
Organisation (WTO); WTO Agreement, Tariff and Non- Tariff
restrictions, Investment and transfer of technology, Quota restriction and
anti- dumping, Permissible regulations, Dumping of discarded technology
and goods in International Markets. Moduleed Nations Conference on
Trade and Development (UNCTAD); International Labour Organisation
(ILO).

Module IV Economic Integration and Cooperation-Meaning and Scope, rationale and
Objectives, Forms of Integration, Integration Theory. Benefits and
Disadvantages of RIAs. Economic Integration of Developed Countries
and Developing countries..

Module V Selected Regional Blocks- NAFTA, EU, ASEAN, SAARC, SAPTA,
Indo-Lanka Free trade, Indo -Singapore CECA Globalization vs.
Regionalization.

References

1. Balassa, Bela, Theory of Economic Integration, Routledge.
2. Krugman, P.R. and M. Obstfeld , International Economics : Theory and
Policy, Pearson,
3. Daniels, D. John, Radebaugh, H. Lee, et.al, International Business,
Dorling Kindersley Pvt Ltd.
4. Cherunilam, Francis, International Economics, TATA McGraw-Hill
Publishing Company Ltd, New Delhi..

IB 08 - INTERNATIONAL LOGISTICS MANAGEMENT
82

Module I Marketing Logistics: Concept, objectives and scope; System elements;
Relevance of logistics in international marketing; International supply
chain management and logistics; Transportation activity internal
transportation, inter-state goods movement; Concept of customer service.

Module II General Structure of Shipping: Characteristics, liner and tramp operations;
Code of conduct for liner conferences; Freight structure and practices;
Chartering principles and practices; UN convention on shipping.

Module III Developments in Ocean Transportation: Containerization; CFS and inland
container depots; Dry ports; Multi-modal transportation and CONCOR;
Role of intermediaries including freight booking, shipping agents, C&F
agents, Ship owner and shipper consultation arrangements.

Module IV Air Transport: Air transportation total cost concept, advantages, freight
structure and operations; Carrier consignee liabilities.

Module V Inventory Control and Warehousing: Inventory management concepts and
application to international marketing; Significance and types of
warehousing facilities; Total cost approach to logistics.

References

1. D.M ,Lambert, S.R,James, Strategic Logistic Management, Tata McGraw Hill,
New Delhi,.
2. Branch, Alan, Global supply chain management and International logistics,
Routledge.
3. G, Raghuram, Shipping Management: Cases and Concepts, Macmillan Publishers
India ltd.
4. Sherlock, Jim, Physical Distribution, Wiley Blackwell.
IB09 - INTERNATIONAL CONSUMER AND INDUSTRIAL BUYER
BEHAVIOUR

Module I Consumer Behaviour Theory and its Application to Marketing Strategy;
Consumer Buying Process: Extensive, Limited and Routine Problem
Solving Behaviours.

Module II Internal Determinants of Buying Behaviour: Individual differences among
customers and markets segmentation; Needs, motivation and involvement;
information processing and consumer perception; Learning; Attitudes and
attitude Change; Personality and psychographics (values and life style
analysis).

83

Module III Models of Consumer Behaviour; Organisational Buying Behaviour:
Process, Influence and model.

Module IV Cross-Cultural: Consumer and Industrial Buying Behaviour; Economic
Demographic and socio-cultural trends and consumer behaviour;
Globalisation of consumer markets and international marketing
implications.

Module V Innovation Diffusion and Consumer Adoption Process; Diffusion of
Innovation Across Nations/Cultures; Consumer Satisfaction and Other
Feedbacks; Cross-Cultural Consumer Research Complexities and issues.

References

1. Assael, H., Consumer Behaviour and Marketing Action, Thomson, New Delhi.
2. Engel, James F., Roser D. Blackwell, and Paul W. Miniard, Consumer Behaviour
TMH, New Delhi.
3. Hawkins, Dal l., Roger J. Best and Kenneth A. Coney, Consumer Behaviour, Mc
Graw Hill, New Delhi.
4. Hoyer, Wayne D. and Deborah J. Macinnis, Consumer Behaviour, Hongnton
Mifflin Company, Boston, New York.
5. Schiffan, Leon G. and Kanuk, Lealie. Lazar, Consumer Behaviour,.Prentice Hall
of India Pvt. Ltd., New Delhi.

IB 10 - INTERNATIONAL BUSINESS NEGOTIATIONS

Module I Nature of International Business Negotiations: Framework for
international business negotiations - Background factors - Impact of
national culture, organizational culture and personality on buyer-seller
interaction a model of the negotiation process with different strategies
and planning Distributive bargain and integrative negotiations.

Module II Cultural aspects of International Business negotiation. Role of culture,
patterns of cross-culture behavior and communication. Importance of
understanding the negotiating conventions and expectations between
foreign counterparts. Comparative and inter-cultural studies of negotiating
behavior.

Module III Inter-firm negotiation studies: buyers negotiating strategies in international
sourcing, negotiating sales, export transaction and agency agreements.
Negotiating licensing agreements, negotiating international joint ventures,
projects. Cooperative negotiation for mergers and acquisitions.

Module IV Frameworks and support for international business negotiations: multi-
national, bilateral trade agreements, government supported trade
84

delegations, international trade fairs, international trading houses, industry
associations.

Module V Ethics in negotiations. Differences from an ethical perspective of the
importance of relationship development, negotiating strategies, decision
making methods, contracting practices, illicit behaviours such as bribery.
Best practices in negotiations, business etiquette. Personality and
negotiation skills.

References
1. Claude Cellich, Subhash Jain, Global Business Negotiations: A Practical Guide ,
South-Western Educational Publishing.
2. Pervez N. Gauri and Jean Claude Usunier, International Business Negotiations,
Elsevierltd.
3. Leigh L, Negotiation Theory and Research. Thompson.

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