Scheme of Examination: Post Graduate Diploma in Management (P.G.D.M.)
Scheme of Examination: Post Graduate Diploma in Management (P.G.D.M.)
Scheme of Examination: Post Graduate Diploma in Management (P.G.D.M.)
&
DETAILED SYLLABUS
for
2017-19
Objective:
This course in Business Policy and Strategic Management is framed to help the students
understand how a successful Business Policies and Strategies are framed at different
Objectives
Environment Opportunities
Level
for Strategies.
Corporate Politics and Use of Power, Personal Values and Business Ethics.
- Mc Kinsey’s 7s Framework.
Books Recommended
1. Business Policy & Strategic Management – Azhar Kazmi
2. Strategic Management, 12th Ed. – Concepts and Cases – Arthur A. Thompson Jr.
and A.J.Strickland
R.M.Shrivastava
Intent :
The primary objective of this course is to acquaint the students with emerging global trends in
business environment.
5. International Investment and finance : Types of Foreign private investment , growth and
dispersion of foreign direct investments ( FDIs ) Foreign investments in India , EXIM
Bank.
6. International Goods , services , Financial flows and Balance of payments : Balance of
payments disequilibrium and its correction , Recent World Trade and Foreign investment
trends , Trade and BOP of India , highlights of India's trade performance ; determinants
of exports and imports ; trends in invisibles and current accounts ; major problems in
India's export sector.
7. Some Social Issues in International Business Ethics and Social responsibility of business ,
Environmental issues , Labour issues.
8. India in the Global Setting : India - An Emerging Market , India and China ,
Liberalization and integration with the global economy , India and US.
1. Cherunilam, Francis International Business Text and Cases , 4th ed. Prentice Hall of India
Pvt. Ltd. New Delhi , 2007 .
2. Aswathappa , K , - Essentials of Business Environment , Himalaya Publishing House , 2006
3. Hill , Charles WL and Jain, Arun Kumar , International Business : Competing in the Global
Market Place, Tata McGraw Hill ed. , 2006.
4. Cherunilam, Francis – Business Environment Text and Cases, Himalaya Publishing House,
2007.
5. K. Ramanathan, Case Studies on India Inc : Going Global, The ICFAI University Press.
6. K. Aswathappa, International Business, Third Edn., 2009, Tata McGraw Hill Companies.
7. Cherunilam, Francis, International Business Environment, Himalaya Publishing House, 2009.
8. Pradip Kumar Sinha & Sanchari Sinha, International Business Management, A Global
Perspective, 2008, Excel Books.
MAJOR
SPECIALIZATION
MAJOR SPECIALIZATION: MARKETING
Intent
1. Introduction to advertising. : Marketing mix and advertising , Product life cycle and
advertising, Contemporary advertising , Advertising Formulas, Basic Elements of the
Promotional Mix, Indian advertising, Advertising in the 21st century, role of advertising ,
Function of advertising, Tools of sales promotion.
Text Books:
Reference Books:
1. Clow, K. & Baack, D., Integrated Advertising and Promotion and Marketing
Communications,
Prentice Hall, India, 2004
2. Smith, P.R and Taylor, Jonathan, Marketing Communication, Kogan Page, 2004
3. Batra, Myers and Aaker, Advertising Management, Pearson Prentice Hall, 2005.
Course Code EM-02: INTERNATIONAL MARKETING
Intent
The course focuses on the strategic perspective of International Marketing that is required for
every marketing marketer dealing with the Modern Multinational Organizations in the globally
competitive scenario.
CONTENTS
CHAPTER 1
Introduction: L-P-G –Concept & Importance ; International marketing concepts, opportunities
and challenges in international marketing
CHAPTER 2
International Marketing Environment: Economic environment, cultural environment, political-
legal environment
CHAPTER 3
International Marketing Planning: Planning and organizing for international marketing, Market
Entry Strategies.
CHAPTER 4
International Marketing Research : Introduction, Concept , Research Process ; International
Marketing Information System.
CHAPTER 5
International Market Segmentation, Targeting And Positioning : Introduction ,
Segmentation criteria; Segmentation bases; International Market Selection ; International Market
Targeting; International Market Positioning
CHAPTER 6
International Product Decisions: Product policy, product adaptation and standardization; Product
Life Cycle ; Global Branding and Packaging; New Product development
CHAPTER 7
Pricing for International Marketing : Factors influencing pricing, pricing strategies.
CHAPTER 8
International Distribution and Logistics System : Channel Of Distribution, Factors Affecting
Channel Choice, Logistics Systems .
CHAPTER 9
International Advertising and Promotion : Creative Challenges, media planning and selection,
Sales promotion; Managing personal selling.
Case Discussions
REFERENCES
Onkvisit, Sak and Shaw: International Marketing: Strategy and Theory, Routledge, London.
Czinkota, M.R.: International Marketing, Dryden Press, Boston.
Keegan, Warren J.: Global Marketing Management; Prentice Hall, New Delhi.
Cateora, Philip R. : International Marketing, McGraw Hill, New Delhi.
Varshney, Bhattacharya – International Marketing Management – an Indian perspective, Sultan
publication, .
Joshi, Rakesh Mohan- International Marketing, Oxford University Press,
Srinivasan,R. : International Marketing, Prentice Hall of India
Das, Satpathy, Sharan: Transnational Marketing Strategy, New Age International Publiishers
Course Code EM – 03: Marketing Of Services
Intent
The primary objective is to familiarize students with the concepts of service marketing and to
equip with tools and techniques for applications of these concepts to real life problems and issues
in service environment.
Content
Marketing of Education
1. M.K. Rampal and S.L.Gupta, Service Marketing concepts, applications and cases, Galgotia
Publishing Company, 2006.
2. Harsh V. Verma, Services Marketing, Text and Cases, Pearson Education, 2008
Reference Book:
1. Cristopher H. Lovelock & Jochen Writz, Services Marketing, Pearson Education, 2004.
2. Valerie A Zeithaml & Mary Jo Bitner, Services Marketing, Tata McGraw-Hill Publishing
company Ltd., 2004.
3. K. Douglas Hoffman & John E.G. Bateson, Marketing of Services, Cengage Learning, 2006.
Course Code EM 04 : Sales & Distribution Management
Intent:
The course aims to impart skills and knowledge needed to manage sales and distribution
function. As a successful marketer, the sales and distribution function needs to be handled from a
strategic perspective that is the main focus area of this course.
Contents
1. Introduction to Sales Management: The Sales Management Function – Nature, Scope and
Importance; Sales as a function of marketing management; Personal Selling Process ; AIDA
Model
Case Studies/Exercises
2. Sales Management Strategy & Sales Organization: Formulation of Sales Management
Strategy; Sales Personnel Duties & Responsibilities; Methods of Selling ; Role of Sales
Organization; Sales Organization Structure Developing Sales Organization; Integrating Sales &
Distribution
Case Studies/Exercises
3. Sales Quotas: Concept & importance of Sales quotas, Types of sales quotas-sales volume
quotas, profit quotas, expense quotas, activity quotas, combination quotas .
Case Studies /Exercises
4. Territory Management: Concept and activities of territory management, Rationale behind
territory management.
5. Sales Force Management: Recruiting and Selecting Sales Personnel; Training Sales
Personnel, Motivating the Sales Force; Sales Force Compensation.
Case Studies /Exercises
6. Distribution Planning and Control: Role and Function of Intermediaries; Type of Marketing
Channels; Channel Selection and Motivation of Intermediaries; Channel Conflict and
Management; Patterns / Intensity of Distribution.
Case Studies/Exercises
7. Distribution System and Logistics: Physical Distribution System – Decision Areas; Different
Modes of Transport in India; Their Characteristics
Case Studies/Exercises
8. Contemporary Issues in Sales & Distribution : Hard Sell & Soft Sell ; Product Centered
Selling & Client Centered Selling ; Vertical Marketing Systems; Horizontal Marketing Systems;
Multi Level Marketing.
Text Book
Gupta S L,(2010) “Sales and Distribution Management- Text & Cases”, Excel Books,
Singh Ramendra (2016), “Sales and Distribution Management-Practice Based Approach”
Vikas Publishing House.
References
Still, R. R. & Cundiff, E. W., Govoni, N. A. P. (2003). Sales Management. Prentice Hall
of India,
Carter, Tony ; Sales Force Management- A Contemporary Approach, Jaico Books
Newman A J and Cullen P, (2005), “Retailing: Environment and Operations”, Thomson
Learning.
Emiko Bonafield (1999),”Harnessing Value in the Supply Chain”, John Wiley :
Singapore.
Berman B and Evans J R, (2007) “Retail Management”, Pearson Education.
MAJOR SPECIALIZATION: FINANCE
Code EF-01: Merger, Acquisition And Corporate Restructuring
Intent
Merger and acquisition captures the multi-dimensional facets, such as strategic, financial legal
aspects of this phenomenon. As India moves towards a market economy, one is already
witnessing a spate of mergers, acquisitions, divestments, strategic alliances and other modes of
restructuring for organizational renewal.
Content
Accounting Standards
Taxation issues involved in Merger & Acquisition
Intent
The objective of the course is to give in depth knowledge of the functioning of financial
derivatives in stock and forex markets and commodity derivatives market and their application in
risk management.
Futures and Options Markets: Forward Contracts, limitations of forward contracts, Introduction
to Futures Contracts, difference between forwards and futures, Introduction to Options,
difference between options and futures, index derivatives, futures payoffs, pricing stock and
index futures, the use of futures for hedging, speculation and arbitrage, Options payoffs, pricing
stock and index Options, Black Scholes options model, binomial model, properties of stock
option prices, trading strategies involving options, the use of Options for hedging, speculation
and arbitrage, Futures and Options Greeks.
Trading: Futures and Options trading system, the traders workstation, contract specifications for
index futures, index options, stock futures and stock options, eligibility criteria of stocks for
derivatives trading especially on account of corporate restructuring, charges.
Clearing and Settlement: Clearing entities, Clearing and settlement mechanism, adjustment for
corporate actions, risk management, margining system (SPAN).
Accounting for Derivatives: Accounting for futures and options, taxation of Profit/loss on
derivative transaction in securities, STT on derivatives transactions
Currency Futures and Options Markets: Option terminology, Currency Options, Hedging with
Currency Options, Elementary Option Strategies, Futures Options, Innovation with Embedded
Options, Put Call Option Interest rate parity, Currency Futures, NSE‟s currency Derivatives
segment and Trading process, Hedging and Speculation with Currency Futures.
Financial Swaps: Currency Swaps, Interest Rate Swaps, Valuation of Swaps, Applications of
IRSs, IRS market in India.
1. Hull C John, “Options, Futures and Other Derivatives”, Sixth Edition, Prentice Hall of
Hill
References:
Intent
The purpose of this course is to impart the knowledge about various investment alternatives,
their valuation and portfolio management techniques to enable students to take financial
decisions on the basis of risk and return.
Contents
Valuation of Securities:- Bond Valuation- definition, types, features, Bond risk and return, YTM,
Yield to call/put, yield on indexed linked bonds, yield curves, Bond theorems, convexity,
theories of term structure of interest rates, Bond Duration and Bond Immunisation; Stock Return
and valuation-definition, types, calculation of current yield, Holding period return (HPR),
Models of equity valuation-earnings valuation, revenue valuation, Cash valuation, Asset
Valuation and DCF Models, Models based on P/E ratio, Preferred Stock Valuation.
Security Analysis:- Fundamental Analysis- Economic Analysis, Industry Analysis and Company
Analysis; Technical Analysis:- Introduction, pattern study, indicators, trading strategies, trading
psychology and Risk management, Introduction to Behavioral Finance, behavioral biases,
trading of securities, short sell and types of orders; Efficient Market Hypothesis )
Text Books:
Suggested Readings:
1.Fischer and Jordan, “Security Analysis and Portfolio Management”, Sixth Edition,
Pearson Publications
2.Reilly and Brown, “Investment Analysis and Portfolio Management”, Eighth Edition,
Cengage Learning
3.Meir Kohn, ““Financial Institutions and Markets”, Second Edition, Oxford University
Press.
4.Saunders and Cornett, “Financial Markets and Institutions-An introduction to Risk
Management Approach”, Third Edition, Tata McGraw Hill
5.Sudhindra Bhat, “Security Analysis and Portfolio Management”, Excel Books
6.Bhalla V K, “Investment Management-Security Analysis and Portfolio Management”,
Seventeenth Edition, S.Chand
7.Avadhani V A (2010), “Investment Management”, Himalaya Publication
8.Gangadhar and Babu, “Investment Management”, Anmol Publications
9.Singh Preeti(2010), “Investment Management”, Himalaya Publication
10.Chandra Prasanna (2010), “Investment Analysis and Portfolio Management”, Tata
McGraw Hill
11.Kevin S(2010), “Security Analysis and Portfolio Management”, Prentice Hall of India
Course Code EF-04 : Banking And Insurance
Intent
To provide to the students basic Concept and Principles of Banking and Insurance including
their role in Indian Economy.
Contents
Banking in India : Meaning, origin , history and structure of banking; Nationalisation of Banks,
reasons of nationalisation; Recommendations of Tandon , Dahejia and Marathe Committees.
Non Performing Assets : Types of advances, definition and categorization of NPAs, Provision on
NPAs, Reporting of NPAs and measures to reduce NPAs; ARCs
Cooperative Banking : Meaning and structure of cooperative banking, cooperative credit
institutions-short term and long term credit.
Reserve Bank of India : Origin and evolution of RBI, Functions and Structure of RBI, Monetary
Policy and its instruments (Qualitative and Quantitative)
ALM : ALM in banks, ALM system in banks – Guidelines, ALM Information Systems, ALM
Organization, Composition of ALCO, ALM Process.
Credit Risk Management : Credit risk, credit risk management and its instruments, Basel II, Risk
Financing , Credit derivatives
Microfinance : Introduction, features of microfinance, ways of delivering microfinance – SHG,
IBPs, Grameen Model and Mixed model, Role of commercial banks in microfinance, Growth
and challenges faced by in microfinance, Microfinance in India and its scope.
Introduction to Insurance : Definition, functions, principles of Insurance, Types of Life insurance
plans, Group Insurance.
Types of Insurance : Life and non-life, structure of Insurance companies, Private and public
players in insurance, Scope of Insurance in India.
9. Risk Management & Insurance Perspective in Global Skipper Economy (Wiley India)
11. Bank Management and Financial Services – Peter S. Rose, C. Hudgins (MC Graw Hill)
12. Banking Law & Practice – K.P. Kandaswani, S. Natarajan, R. Parameswasan, S. Chand)
13 Insurance Principles & Practice – M.N. Mishra, .B. Mishra (S. Chand)
17 Indian Banking – Recent reforms & Regulation – Katuri ZNageswar Rao (IC Fai Books)
18. Merger in Banking Industry – A Global Perspective – vandana Shajan IC Fai Books)
Intent:
This course is designed to promote a critical understanding of substantive and procedural labor
laws. The approach is to develop skills in handling legal issues in industrial relations and other
labor matters.
Contents
Introduction: Industrial Jurisprudence, Constitution Principles of industrial jurisprudence of India
vis-avis labor legislations, fundamental rights and labor laws. Labor legislation, Growth,
objective & classification.
National Wage Policy :Objectives of National Wage Policy, Evolution of National Wage Policy,
The Fair Wage Committee Report, Wage structure
The Minimum Wage Act, 1936 :DefinitionsFixation and Revision of Minimum Wages, Payment
of minimum wages, Enforcement of the act
The payment of Wages Act, 1936: Definitions, Rules for payment of wages, Deduction from
wages, Enforcement of the act
The payment of Bonus Act, 1965: Definitions, Eligibility and Disqualification for bonus,
Determination of bonus, Payment and recovery of bonus, Disputes, Registers and records,
Enforcement of the Act
The Equal Remuneration Act, 1976, Definitions, Payment of Remuneration at Equal rates ,
Advisory Committee, Enforcement of the Act
Profit Sharing and Co partnership The Concept of profit sharing , Rationale of profit sharing,
Profit sharing in India, Bonus, Co-partnership, Employee stock option plan
Industrial Health and Safety : Medical Aid, Environment Hygiene, Research, Statutory
Provisions for Health of workers, Industrial Safety, Industrial Accidents, Measured for Ensuring
Industrial Safety, Statutory provisions for industrial safety.
The Factories Act, 1948 : Definitions, Inspection of Factories , Health of Workers in Factories,
Safety of Workers in Factories, Provisions relating to hazardous processes, Provisions relating to
welfare, Working hours for adults, Employment of Women, Employment of young persons,
Annual leave with wages, Occupational Hazards
Social Security : The concept of social security, Objectives of social security, Methods of social
security, ILO and social SECURITY, Social Security in India, The Employees state Insurance
Act, 1948, Workmen‟s Compensation Act,1923, The Maternity Benefits Act, 1961, The
Employees, provident funds act, 1952, Review of Social security system
Employee Welfare: The Concept of Employee Welfare, Scope of Labor welfare, Rationale of
employee welfare, Theories of labor welfare, Labor welfare in India, Types of welfare services,
Provisions of Factories Act regarding Labor welfare, Labor welfare officer
The Maternity Benefit Act, 1961 :Definitions, Prohibition of Employment, Maternity Benefits,
Leave and Nursing Breaks, Protects of Beneficiaries
The Employees State Insurance Act, 1948 : Definitions, Employees‟ State Insurance Corporation,
Employee‟s Stat Insurance Fund, Contributions, Benefits under ESI Scheme, Adjudications of
disputes and claims, Penalties
The Payment of Gratuity Act, 1972 : Definitions, Payment of Gratuity, Employer‟s Obligation to
pay gratuity
The Employees PF and Misc. Provisions Act, 1952 : Definitions, The Advisory Board,
Registration of Establishment employing contract labor, The Employees Deposit linked
insurance scheme, The Employees pension scheme, 1995, Determination and recovery of money
due from and by employees, Inspectors.
Contract Labor(regulation and Abolition) Act, 1970 : Definitions, The Advisory Board,
Registration of establishment employing contract labor, Licensing of contractors, Welfare and
health of contract labor, Penalties and procedures, Inspecting staff
Trends and emerging issues in labor legislations: The Changing role of Tomorrow‟s Trade
Unions, Status of women and minority workers: Global , HR perspective labor laws in India: At
Crossroads, need to balance efficiency with equity, Recent amendments in labor legislations
References
1. Singh B.D. : „ Industrial Relations and Labor laws‟, Excel Books, 2008
2. Singh B.D.: „ Labor Laws for Managers‟, Excel Books 2007
3. AM Sarma : Aspects of labor welfare and social service
4. R.K. Jain and Sunil Rao :Industrial Safety, Health &Environmental Management systems
5 Padhi, PK : „Labor and Industrial laws‟ Prentice Hall of India Pvt. Ltd..,
Intent
This Course aims at focusing students on significance of training needs and issues related to
HRD. It also emphasizes upon the procedures & methods of the training and development and
Contents
Introduction to Training & Development : Concept of HRD & its objectives ; Principles of HRD;
Development and its importance, Training versus Development; Training versus Education.
Training Need Analysis (TNA): Meaning, Components of TNA, Six component Analyses of
Training Design & Development: Brief on Training Process; Context of Training Design,
Principles of Training Design, Training Design Process, Selecting the Training Methods.
Training Evaluation: Meaning, Training Evaluation Model (Levels); Data Collection for
Training & Facilitation Skills: Trainer‟s Competence (K,S,A); Teaching, Presentation Skills,
Case Discussions
References:
House, (2001)
3. Lynton Rolf, P. & Pareek, Udai : Training for Organisational Transformation. Sage
Publication, (2000).
Intent:
This course has been designed to explain how compensation systems help organizations attain
and sustain competitive advantage and describe how different types of compensation plans
are implemented. It will also familiarize the students with how organizations manage
performance of the employees in order to achieve success.
Contents
Methods of job evaluation: concept ,nature, objectives principles, role of job evaluation in wage
administration,job evaluation programme
Wage incentive plans and ESOP : prerequisites of effective incentive system, scope of incentive
system, types of incentive schemes, group incentive planshalsey premium plan, rowan bonus
plan, emersion efficiency plan bedeaux point plan, taylor‟s piece rate, merrick‟s piecerate,
gantt‟s task and bonus wage plans, employee stock option plan
Employee benefits: meaning and definition, types of employee benefits, principles of fringes
significant benefit and service programmes, administration of benefits and services, international
benefits
International pay systems: national systems- Japanese, German and U.S national system,
Expatriate pay
Case study
References
Intent
The objective of this course is to develop a diagnostic conceptual understanding of the cultural
and related behavioral variables in the management of global organizations.
Contents
The role of culture: nature of culture; cultural diversity ,values in culture, hofstede‟s cultural,
dimensions; power distance, uncertainty avoidance individualism ,masculinity ?
Leadership across cultures : recent findings and insights about leadership; transformational,
transactional and charismatic leadership (4hrs) cross cultural leadership insight from the globe
study
Human resources selection across nations : Sources of human resources selection criteria for
international assignments , international human resource selection procedures
Human resource training and development across different nations; compensation, individual and
host –country view points, repatriation of expatriates, training in international management,
types of training programs
International Industrial Relati) ons ;Introduction ,three actors of Industrial relations, trade Unions,
Concerns of Trade Unions in MNC‟s; collective Negotiations ;Disputes/Conflicts; Quality
Circles and Participative Management.
Case study
References :
Intent
The primary objective is to familiarize students with the concepts of service marketing and to
equip with tools and techniques for applications of these concepts to real life problems and issues
in service environment.
Content
Marketing of Education
Text Book:
3. M.K. Rampal and S.L.Gupta, Service Marketing concepts, applications and cases, Galgotia
Publishing Company, 2006.
4. Harsh V. Verma, Services Marketing, Text and Cases, Pearson Education, 2008
Reference Book:
4. Cristopher H. Lovelock & Jochen Writz, Services Marketing, Pearson Education, 2004.
5. Valerie A Zeithaml & Mary Jo Bitner, Services Marketing, Tata McGraw-Hill Publishing
company Ltd., 2004.
6. K. Douglas Hoffman & John E.G. Bateson, Marketing of Services, Cengage Learning, 2006.
Course Code EM 04 : Sales & Distribution Management
Intent:
The course aims to impart skills and knowledge needed to manage sales and distribution
function. As a successful marketer, the sales and distribution function needs to be handled from a
strategic perspective that is the main focus area of this course.
Contents
1. Introduction to Sales Management: The Sales Management Function – Nature, Scope and
Importance; Sales as a function of marketing management; Personal Selling Process ; AIDA
Model
Case Studies/Exercises
2. Sales Management Strategy & Sales Organization: Formulation of Sales Management
Strategy; Sales Personnel Duties & Responsibilities; Methods of Selling ; Role of Sales
Organization; Sales Organization Structure Developing Sales Organization; Integrating Sales &
Distribution
Case Studies/Exercises
3. Sales Quotas: Concept & importance of Sales quotas, Types of sales quotas-sales volume
quotas, profit quotas, expense quotas, activity quotas, combination quotas .
Case Studies /Exercises
4. Territory Management: Concept and activities of territory management, Rationale behind
territory management.
5. Sales Force Management: Recruiting and Selecting Sales Personnel; Training Sales
Personnel, Motivating the Sales Force; Sales Force Compensation.
Case Studies /Exercises
6. Distribution Planning and Control: Role and Function of Intermediaries; Type of Marketing
Channels; Channel Selection and Motivation of Intermediaries; Channel Conflict and
Management; Patterns / Intensity of Distribution.
Case Studies/Exercises
7. Distribution System and Logistics: Physical Distribution System – Decision Areas; Different
Modes of Transport in India; Their Characteristics
Case Studies/Exercises
8. Contemporary Issues in Sales & Distribution : Hard Sell & Soft Sell ; Product Centered
Selling & Client Centered Selling ; Vertical Marketing Systems; Horizontal Marketing Systems;
Multi Level Marketing.
Text Book
Gupta S L,(2010) “Sales and Distribution Management- Text & Cases”, Excel Books,
Singh Ramendra (2016), “Sales and Distribution Management-Practice Based Approach”
Vikas Publishing House.
References
Still, R. R. & Cundiff, E. W., Govoni, N. A. P. (2003). Sales Management. Prentice Hall
of India,
Carter, Tony ; Sales Force Management- A Contemporary Approach, Jaico Books
Newman A J and Cullen P, (2005), “Retailing: Environment and Operations”, Thomson
Learning.
Emiko Bonafield (1999),”Harnessing Value in the Supply Chain”, John Wiley :
Singapore.
Berman B and Evans J R, (2007) “Retail Management”, Pearson Education.
MINOR SPECIALIZATION: FINANCE
Intent
The purpose of this course is to impart the knowledge about various investment alternatives,
their valuation and portfolio management techniques to enable students to take financial
decisions on the basis of risk and return.
Contents
Valuation of Securities:- Bond Valuation- definition, types, features, Bond risk and return, YTM,
Yield to call/put, yield on indexed linked bonds, yield curves, Bond theorems, convexity,
theories of term structure of interest rates, Bond Duration and Bond Immunisation; Stock Return
and valuation-definition, types, calculation of current yield, Holding period return (HPR),
Models of equity valuation-earnings valuation, revenue valuation, Cash valuation, Asset
Valuation and DCF Models, Models based on P/E ratio, Preferred Stock Valuation.
Security Analysis:- Fundamental Analysis- Economic Analysis, Industry Analysis and Company
Analysis; Technical Analysis:- Introduction, pattern study, indicators, trading strategies, trading
psychology and Risk management, Introduction to Behavioral Finance, behavioral biases,
trading of securities, short sell and types of orders; Efficient Market Hypothesis )
Suggested Readings:
1.Fischer and Jordan, “Security Analysis and Portfolio Management”, Sixth Edition,
Pearson Publications
2.Reilly and Brown, “Investment Analysis and Portfolio Management”, Eighth Edition,
Cengage Learning
3.Meir Kohn, ““Financial Institutions and Markets”, Second Edition, Oxford University
Press.
4.Saunders and Cornett, “Financial Markets and Institutions-An introduction to Risk
Management Approach”, Third Edition, Tata McGraw Hill
5.Sudhindra Bhat, “Security Analysis and Portfolio Management”, Excel Books
6.Bhalla V K, “Investment Management-Security Analysis and Portfolio Management”,
Seventeenth Edition, S.Chand
7.Avadhani V A (2010), “Investment Management”, Himalaya Publication
8.Gangadhar and Babu, “Investment Management”, Anmol Publications
9.Singh Preeti(2010), “Investment Management”, Himalaya Publication
10.Chandra Prasanna (2010), “Investment Analysis and Portfolio Management”, Tata
McGraw Hill
11.Kevin S(2010), “Security Analysis and Portfolio Management”, Prentice Hall of India
Course Code EF-04 : Banking And Insurance
Intent
To provide to the students basic Concept and Principles of Banking and Insurance including
their role in Indian Economy.
Contents
Banking in India : Meaning, origin , history and structure of banking; Nationalisation of Banks,
reasons of nationalisation; Recommendations of Tandon , Dahejia and Marathe Committees.
Non Performing Assets : Types of advances, definition and categorization of NPAs, Provision on
NPAs, Reporting of NPAs and measures to reduce NPAs; ARCs
Cooperative Banking : Meaning and structure of cooperative banking, cooperative credit
institutions-short term and long term credit.
Reserve Bank of India : Origin and evolution of RBI, Functions and Structure of RBI, Monetary
Policy and its instruments (Qualitative and Quantitative)
ALM : ALM in banks, ALM system in banks – Guidelines, ALM Information Systems, ALM
Organization, Composition of ALCO, ALM Process.
Credit Risk Management : Credit risk, credit risk management and its instruments, Basel II, Risk
Financing , Credit derivatives
Microfinance : Introduction, features of microfinance, ways of delivering microfinance – SHG,
IBPs, Grameen Model and Mixed model, Role of commercial banks in microfinance, Growth
and challenges faced by in microfinance, Microfinance in India and its scope.
Introduction to Insurance : Definition, functions, principles of Insurance, Types of Life insurance
plans, Group Insurance.
Types of Insurance : Life and non-life, structure of Insurance companies, Private and public
players in insurance, Scope of Insurance in India.
9. Risk Management & Insurance Perspective in Global Skipper Economy (Wiley India)
11. Bank Management and Financial Services – Peter S. Rose, C. Hudgins (MC Graw Hill)
12. Banking Law & Practice – K.P. Kandaswani, S. Natarajan, R. Parameswasan, S. Chand)
13 Insurance Principles & Practice – M.N. Mishra, .B. Mishra (S. Chand)
17 Indian Banking – Recent reforms & Regulation – Katuri ZNageswar Rao (IC Fai Books)
18. Merger in Banking Industry – A Global Perspective – vandana Shajan IC Fai Books)
Intent:
This course has been designed to explain how compensation systems help organizations attain
and sustain competitive advantage and describe how different types of compensation plans
are implemented. It will also familiarize the students with how organizations manage
performance of the employees in order to achieve success.
Contents
Methods of job evaluation: concept ,nature, objectives principles, role of job evaluation in wage
administration, job evaluation programme
Wage incentive plans and ESOP : prerequisites of effective incentive system, scope of incentive
system, types of incentive schemes, group incentive planshalsey premium plan, rowan bonus
plan, emersion efficiency plan bedeaux point plan, taylor‟s piece rate, merrick‟s piecerate,
gantt‟s task and bonus wage plans, employee stock option plan
Employee benefits: meaning and definition, types of employee benefits, principles of fringes
significant benefit and service programmes, administration of benefits and services, international
benefits
International pay systems: national systems- Japanese, German and U.S national system,
Expatriate pay
Case study
References
Intent
The objective of this course is to develop a diagnostic conceptual understanding of the cultural
and related behavioral variables in the management of global organizations.
Contents
The role of culture: nature of culture; cultural diversity ,values in culture, hofstede‟s cultural,
dimensions; power distance, uncertainty avoidance individualism ,masculinity ?
Leadership across cultures : recent findings and insights about leadership; transformational,
transactional and charismatic leadership (4hrs) cross cultural leadership insight from the globe
study
Human resources selection across nations : Sources of human resources selection criteria for
international assignments , international human resource selection procedures
Human resource training and development across different nations; compensation, individual and
host –country view points, repatriation of expatriates, training in international management,
types of training programs
International Industrial Relations ;Introduction ,three actors of Industrial relations, trade Unions,
Concerns of Trade Unions in MNC‟s; collective Negotiations ;Disputes/Conflicts; Quality
Circles and Participative Management.
Case study
References :
12. P.L Rao : International HRM by Excel books first edition 2008
13. Terence Jackson: International HRM: A Cross-cultural Approach 2002
14. Maryann H. Albrecht: International HRM: Managing Diversity in the Workplace
15. P. Subba Rao : International HRM
16. Peter.J.Dowling Denice.
E. Welch Intnl. : International HRM Business Press 4th Edition. Thomson
17. Annewil Harzing Jorisvan International HRM by at Sage Publication
Ruyssevel : .
18. Sanjay Srrivastava : International HRM Exel books.
19. Mouir H. Tayeb : Intrenational HRM Sage Publicaation.
20. Ashwathappa : International HRM by.Himalaya Publication.
21. Bhattacharya : Internatiional HRM by Sengupta.
22. Luthans &Doh International Management Culture, strategy and behavior-
Hodgetts, Tata Mc Graw Hill Sixth Edition 2006
FOURTH
SEMESTER
Course Code 401: Business Ethics And Corporate Governance
Inten
To develop understanding and encourage students to think analytically and critically on issues
concerning Corporate Governance, Business ethics and Social Responsibility and to help them
understand the implications of three major challenges facing the corporation: Corporate
Citizenship, Globalization and Sustainability.
Content
1. Introduction to Corporate Ethics : Ethics in the world of Business, two types of ethical
theories, Classical Utilitarianism and Kantian Ethics, Rights and Virtue, Teleological and
Deontological approaches Whistle- blowing and its justification, Right to Blow the
Whistle, Developing a Company Whistle- Blowing Policy.
6. Corporate Governance : Governance is more than just Board Processes and procedures,
“Good” Corporate Governance, Obligations of Corporation to society at large, investors,
employees, customers, Managerial obligations , The role of Board of Directors in
ensuring Corporate Governance, Role of CEO
9. Case-Study discussions
Text Books:
1. Boat right, John R., „Ethics and the conduct of Business‟, Pearson Education, 4th ed.,
2007.
2. Fernando, A.C, „Corporate Governance: Principals,. Policies and Practices, Pearson
Education, 2006.
3. Andrew Carne & Dirk Matten – Business Ethics, Oxford University Press, 2008.
REFERENCE BOOKS:
1. Prasad, Kesho- Corporate Governance‟, Prentice Hall of India Pvt. Ltd., 2006
2. Baxi, C.V & Prasad Ajit- Corporate Social Responsibility‟, Excel Books, 2005
3. Valasquez „Business Ethics- Concepts and cases, Prentice Hall, 5th ed., 2002
4. Hartman, Laura P. & Chatterjee, Abha, Perspectives in Business Ethics, Third Ed., Tata
McGraw Hill, 2008.
5. Dr. Neeru Vasishth, Dr. Namita Rajput, Corporate Governance, Values & Ethics,
Taxmann‟s Academic Publications, 2010.
6. Dr. Neeru Vasishth, Dr. Namita Rajput, Business Ethics & Values with Case Studies, 2 nd
Edn., 2009, Taxmann‟s Publications.
7. Harish R., Case Studies on Business Ethics and Corporate Governance – Promoting
Social Responsibility, The ICFAI University Press.
8. Krishna Kumar & Lekha Ravi, Case Studies on Business Ethics and CSR Initiatives, The
ICFAI University Press.
9. Muthu Kumar R., Case Studies on Corporate Governance, The ICFAI University Press.
10. Ramaseshan Iyer H., Case Studies on Ethics and Corporate Governance, Vol. I, The
ICFAI University Press.
11. Doris Rajakumari John, Caste Studies on Corporate Going Green – Issues and Challenges,
The ICFAI University Press.
12. Robert, W. McGee, Readings in Business Ethics, The ICFAI University Press.
Course Code 402: Entrepreneurship Development and Project Management
Intent
Content
4. Search for a Business Idea : Concept of project and classification of project – Project
Identification – Project formulation – Project report – Project design and Network
Analysis – Project appraisal – profitability appraisal – Project planning –Financial
analysis and Project financing.
Text Books:
Intent
To present the contemporary view of Brand management and to develop a critical understanding
of Brand management and to develop a critical understanding of the process involved in
building and managing brands in retail environment.
Content
1. Brand Evolution : the beginning, brands and products, brand perspectives, brand levels,
brand evolution
2. Brands and Brand Management :What is a brand, Why do brand matter, strategic brand
management process; Brand equity concept
3. Brands Positioning : Evolution, 3 Cs of positioning, competitive positioning, positioning
strategies
4. Consumer Based brand equity : Brand equity as a bridge, sources of brand equity, steps
of brand building, Brand building blocks, Brand salience, brand performance, brand
imagery, brand judgment, brand feelings
5. Brand Marketing Planning & Implementation : Criteria for choosing brand elements,
options and tactics for brand elements, brand names, URL, logos, character, jingles,
packaging
6. Brand Inside and outside : brand identity concept, brand identity perspectives and brand
identity levels, Brand image and position.
7. The extensions: line extensions, brand extensions, types of extension and why brand
extensions?
8. Managing brands over time : Reinforcing brands- brand consistency, protecting brand
equity sources, fine tuning with marketing programs; Revitalizing Brands-expanding
brand awareness, improving brand image, entering new markets
9. Cases & success stories of Brand
References
Intent :
To enable students understand basic concept of retailing and various strategies a retailer can
adopt in order to be successful in market.
Content
Types of Retailers: Trends in the retail industry, Retailer characteristics, Food retailers, general
merchandise retailer, nonstore retail formats, services retailing, types of ownership
Retail Market Strategy : What is a retail strategy? , building a sustainable competitive advantage,
growth strategies, Global growth opportunities, the strategic planning process
Retail Locations and Site Selection : Shopping centers, city or town location, Location and retail
strategy , Factors affection the demand for a region or trade areas, Factors affection the
attractiveness of a site, estimating demand for a new location
Retail Pricing and Communication mix: Pricing strategies, approaches for setting prices, price
adjustments, using price to stimulate retail sales, using communication programs to develop
brands and build customer loyalty, methods of communicating with customers, planning the
retail communication process
Managing the Store: Store management responsibilities, recruiting and selecting store employees,
socializing and training new store employees, motivating and managing store employees,
evaluating store employees and providing feedback, compensating and rewarding store
employees, reducing inventory loss
Case study discussion
References:
Intent
The aim of this course is to familiarize the student with major latest provisions of the Indian Tax laws and
related judicial pronouncements if any pertaining primarily related to corporate enterprises having
implications for various aspects of tax planning with a view to derive maximum possible tax benefits
admissible under the law.
To understand the provisions of direct tax laws
To get knowledge of various tax incentives and benefits under direct taxes
To know applications of tax provisions in various cases
To gain knowledge on procedural aspects for filing tax returns for Individual and Corporate
assesses
Content
Introduction Basis of charge; rates of taxes applicable for different types of
assessees
Concepts of previous year and assessment year ,Gross total
income and Total Income
Types of companies
Tax Rates applicable to various assessee
Residential status and scope of total income; Income deemed
to be received / deemed to accrue or arise in India
Incomes which do not form part of total income-Prime
Provisions for individual assessees
Issues relating to Tax Concept of tax planning, tax evasion, tax management.
Planning Tax on distributed profits
Tax planning with reference to form of organization.
Tax planning with reference to financial management
decision -
Capital structure, dividend including deemed dividend and
bonus shares
Tax planning with reference to specific management
decisions -
Make or buy; own or lease; repair or replace
Tax planning with reference to employees’ remuneration
Tax planning incase of mergers of companies
Intent
To acquaint students with the financial management problems of multinational corporations and
prepare to solve these problems.
Content
2. The Foreign Exchange Market: Organization of Forex market, its participants; Spot
market: spot quotations (Direct and Indirect), transaction cost, currency arbitrage,
mechanism of spot transaction; Forward Market: Participants, forward quotation,
cross rates and Relationship between spot and forward rate, foreign exchange market
in India.
3. International Monetary System: Alternate Exchange rate systems, Fixed and Floating,
Exchange rate regimes: Journey from Gold Standard to European monetary system,
Role of IMF, current scenario of exchange rate regimes, SDRs
4. Parity Conditions in International Finance: Arbitrage and law of one price, PPP, IRP,
Forward rates and Future spot rate parity, The Fisher Effect and The International
Fisher Effect
Reference Books:-
Contents
7. Case study
References
Tanuja Agarwal – Strategic Hauman Resources Management,. Oxford
University Press, 2007.
Intent
Study of Industrial Relations, concepts and issues is a modest attempt to explain the complexity
of Industrial Relations environment in India and its impact on the working of IR system at the
micro and macro levels. The course is concerned with the conceptual and practical dimensions of
organizational efficiency and growth.
Contents
I. Dynamics of IR:
Industrial Relations: Concept, Scope, Approaches, IR System, Role of State in IR.
Industrial Disputes: Causes, Effects, Trends, Methods and Machinery for the settlement if
Industrial disputes.
The Industrial Dispute Act, 1947.
Industrial Employment (Standing Orders) Act, 1946
Discipline and grievance procedures: concept and nature of discipline
Principles of industrial discipline
Grievance in industry
Disciplinary procedure
Suspension, dismissal
Act of misconduct
Definition
Registration of trade unions
Change of name and amalgamations
Privileges of a registered trade union
Funds of trade union
Miscellaneous provisions
2. Collective bargaining and negotiation
Industrial democracy
Workers participation in management
Levels of worker participation
Requirement(precondition) of effect worker participation,
JMCs
Weakness of workers participation in India
Participative management in others countries.
III. Emerging Trends in Industrial Relations
Globalization
Changes in workforce profile
Contemporary issues in industrial relation
Future of industrial relation
IV Conflict management