MBA(Corporate Finance) SYLLABUS I to IV SEMESTER...Saddle River, New Jersey; 13th Edition....

JSS Science and Technology University MBACF 2019 - 2021

MBA(Corporate Finance)

SYLLABUS I to IV

SEMESTER

ADMISSION BATCH 2019-2021

JSS MAHAVIDYAPEETHA

JSS Science and Technology University

JSS Centre for Management Studies,

JSS Technical Institutions Campus, Mysore – 570 006


The Need Assessment:

A deliberation was undertaken to review the course structure of MBA-Corporate Finance

considering the inputs from the faculty handling the courses. The need was felt in order to

strengthen the course.

The process:

Considered the input from industry experts, faculty and students

Identification of the requirements of MBA - Corporate Finance.

Considered the course structure and contents of other comparable courses to identify the niche.

What they will be good at?

Enables them in long term and short term financing decision of the

business

To evaluate investment decisions to maximize the value of the firm

Tools and techniques to absorb jobs in valuation, asset management, issue management,

credit rating and analyst positions

Objective of the program

To enable the students to build a career in corporate finance.

VISION:

Be a preferred Management education institution dedicated to nurture management education,

research and professional excellence for the betterment of the society

MISSION

We enhance the social capital through education, research, consultancy in the area of

management.

Consciously collaborating with institutions, industry, government and society

Foster an environment of learning, enquiry and connectedness among concepts and

disciplines


Program Objectives POs:

Identification of graduate attributes:

POs Attributes Details

PO1 Management

Knowledge Representation of knowledge through explaining concepts,

PO2 Problem analysis Analyze complex data, understanding the financial implications of

managerial decision-making.

PO3 Decision making Choosing best alternative

Think critically and make decisions based on complex information

PO4

Integrating

functional

knowledge

Implementation, Optimization, Validation and Testing,

Demonstration, Illustration, Identifying Complexity

PO5 Environment and

Sustainability Maximize resources for the benefit of organizations and society

PO6 Ethics and

Governance Know and understand organizations and their stakeholders

PO7 Individual and

Team Work

Lead themselves and others in the achievement of organizational

goals, contributing effectively to a team environment.

PO8 Communication Motivation, Confidence Building, Coordination, Conflict

Management, Strategy Formulation, Goal Specification

PO9 Adaptability Operate effectively in cross-cultural settings, understanding the

nature of globalization

PO10

Enhancing

Career and

Life-long

Learning

Self-Motivation, Learning Environment, Manage Uncertainty,

Communication across Culture


Program Educational Objectives (PEO):

PEO1: To impart knowledge, skill and attitude that develops competent managers and

entrepreneurs

PEO2: To sensitize on the global, ethical, economic and socio-political contexts of business

PEO3: To integrate knowledge from different domains that promote sustainable decision making

Program Specific Objectives (PSO):

PSO1: Will be able to know organization process, structure, methods and functions

PSO2: Will be able to plan, organize, implement and control in respective managerial positions

PSO3: Create an internal environment to engage positively with the external environment


COURSE STRUCTURE

I Semester

Sl/No Course Code Course Name L P T Total

1 MBACF101

Foundations of Management & Organizational

Behavior 4 0 0 4

2 MBACF102 Financial Accounting for Managers 4 0 0 4

3 MBACF103 Business Economics 3 0 0 3

4 MBACF104 Business Statistics - I 3 0 0 3

5 MBACF105 Marketing Management 3 0 0 3

6 MBACF106 Operations Management 3 0 0 3

7 MBACF107 Business Communications 3 0 0 3

8 MBACF1LB1 Excel lab for Finance 0 2 0 2

9 MBACF1IV1 Industrial Visits / Technical Seminar 0 1 0 1

Total I Semester Credits 23 3 0 26

II Semester


1 MBACF201 Corporate Finance - I 4 0 0 4

2 MBACF202 Management Accounting & Control System 4 0 0 4

3 MBACF203 Human Resource Management 3 0 0 3

4 MBACF204 Business Statistics II 3 0 0 3

5 MBACF205 Economics for Finance 3 0 0 3

6 MBACF206 Financial Markets 3 0 0 3

7 MBACF2SE1 Indian Ethos and Values 0 1 0 1

8 MBACF2WS1 Corporate Law 0 1 0 1

9 MBACF2WS2 Financial Research Methods 0 2 0 2

10 MBACF2LB1 SPSS/R lab 0 2 0 2

Total II Semester Credits 20 6 0 26


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III Semester


1 MBACF301 Corporate Finance - II 3 0 0 3

2 MBACF302 Project planning and Management 4 0 0 4

3 MBACF303 Corporate and Financial Restructuring 3 0 0 3

4 MBACF304 Investment Analysis and Portfolio

Management 4 0 0 4

5 MBACF305 Financial Services 3 0 0 3

6 MBACF306 Business Ethics and Corporate Governance 3 0 0 3

7 MBACF3WS1 Entrepreneurship Workshop 0 2 0 2

8 MBACF3LB1 Interpersonal Lab 0 1 0 1

9 MBACF3PW1 Internship / Mini Project 0 2 0 2

10 MBACF3PT1 Placement Training 0 1 0 1

Total III Semester Credits 20 6 0 26

IV Semester


1 MBACF401 Strategic Management 4 0 0 4

2 MBACF402 Corporate Taxation 4 0 0 4

3 MBACF403 International Business & Finance 4 0 0 4

4 MBACF404 Derivatives 4 0 0 4

5 MBACF4WS1 Auditing and assurance 0 1 0 1

6 MBACF4WS2 Trade finance 0 1 0 1

7 MBACF4PW1 Dissertation 0 3 0 3

8 MBACF4PT1 Placement Training 0 1 0 1

Total IV Semester Credits 16 6 0 22

L P T Total

79 21 0 100

Total Program Credits 100


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I Semester


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Course Objectives:

To understand fundamental concepts and principles of management, including the basic

roles, skills, and functions of management

To gain familiarity with interactions between the environment, technology, human

resources, and organizations for achieving high desired performance;

The basic concepts and theories underlying individual behavior besides developing better

insights into one’s own self and implications on the organizational behavior

Individual behavior in groups, dynamics of groups and team building besides developing a

better awareness of how they can be better facilitators for building effective teams as leaders

themselves

Module 1: Management theory and practice (7 Hours)

Nature, purpose and functions; evolution of management thoughts; Mintzberg’s interpersonal,

informational and decisional roles; Management theories-scientific management and work of F.W

Taylor, administrative management and Fayol; Max Weber’s ideal bureaucracy; the Hawthorne

studies; McGregor’s Theory X and Y; and Systems approach, Contributions to Management

thought - Peter F Ducker; Levels of management; current trends in management.

Module 2: Planning and Organizing (7 Hours

Nature; Types; Steps; Process; Objectives; MBO; Strategies; Policies; Planning premises;

Decision making under-certainty, uncertainty, risk; Techniques that enhance quality in decision

making; Search for alternatives -Evaluation of alternatives- Selection of an alternative;

Programmed and non-programmed decisions. Nature of organizing and entrepreneuring - formal

and informal organizations- Structure and departmentation - line, line and staff, functional,

divisional and matrix; span of control-decentralization-delegation of authority - the art of

delegation -Power and responsibility

Module 3: Staffing (7 Hours)

Overview of all staffing functions; systems approach to human resource management

Nature Area: General Management Semester – I

Course Code

MBACF101

Course Name:

Foundations of Management &

Organizational Behavior

Credit Distribution

L-4 P-0 T-0

CIE 50

SEE 50


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Module 4: Leading and Controlling (7 Hours)

Leader centered Approaches; Trait, Behavior, Power focus; Follower centered approaches –self –

leadership, Leadership substitutes focus, Interactive approaches- situational, empowerment, and

transformational leadership. Process of control for diverse organizations; Setting standard for

performance; Measuring actual performance; Responding to deviations.

Module 5: Introduction to Organizational Behavior & Foundations of individual behavior

(8 Hours)

Understanding Organizational Behavior (OB), Features of OB, Disciplines that contribute to the

field of OB, Challenges and opportunities for OB, developing an OB model: An overview, the

dependable variables, independent variables, contingency OB model, learning about organizational

behavior. The importance of interpersonal skills, Complementing Intuition with Systematic Study.

Ability: Intellectual ability, Physical ability, Biographical Characteristics: Age, gender, race, other

characteristics: tenure, and gender identity, learning: theories, Shaping: A Managerial Tool,

Behavioral Modification.

Module 6: Attitudes and Job Satisfaction (7 Hours)

Attitudes: The ABC Model, Attitude formation, Major Job attitudes, Job satisfaction: measuring

job satisfaction, causes of job satisfaction, the impact of satisfied and dissatisfied employees on the

workplace, Cognitive dissonance theory

Module 7: Personality and Values (7 Hours)

Personality: Factors that shape personality, The Myers – Briggs Type Indicator, The Big Five

Personality Model, and other personality traits relevant to OB, Application of personality theory

in organizations; Values: Importance of values, terminal versus instrumental values, generational

values, linking an individual’s personality and values to the workplace: Person – job fit, Person _

organization fit Global implications.

Module 8: Perception and Individual decision making (7 Hours)

Perception: factors influencing perception; Perceptual Process, Person Perception: attribution

theory, frequently used shortcuts in judging others, specific application of shortcuts in

organization, the link between perception and individual decision making: Decision making in

organizations; Influences on decision making and organizational constraints; ethics in decision

making.

Module 9: Motivation (7 Hours)

Early theories of motivation: Hierarchy of Needs Theory, Theory X and Theory Y, two factors

Theory, McClelland’s Theory of Needs, Contemporary theories of Motivation: Cognitive

evaluation theory, Goal Setting Theory, Self-Efficacy Theory, Reinforcement Theory, Equity


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Theory, Expectancy Theory, from concepts to Application, motivating by Job design: The Job

Characteristics Model; Employee Involvement; using rewards to motivate employees.

Recommended Books:

Management –Challenges for tomorrow’s leaders-Pamela S. Lewis; Stephen H.Good ; Patricia

M.Fanc, 4th edition

Management- Stoner, Freeman, Gilbert

Management Principles and guidelines –Duening; Ivancevich

Jon L.Pierce& Donald G. Gardner with Dunham.2006 Management & Organizational

Behavior –An Integrated Perspective.

Heinz Weihrich& Harold Koontz 2006 11Th edition Management – A Global Perspective

Stephen P Robbins & Timothy A Judge; Organizational Behavior; Prentice- Hall Inc, Upper

Saddle River, New Jersey; 13th Edition.

Organizational Behavior, Human Behavior at Work – John W. Newstrom, Keith Davis, TATA

Mc GRAW-HILL, 11th Edition.

Behavior in Organizations – Jerald Greenberg, Robert A. Baron – 8th Edition

Michael Butler and Edward Rose – Introduction to Organizational Behavior – Jaico

Publications


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Course Objectives:

To understand the concepts of accounting concepts, conventions and process.

To enable preparation of financial statements.

To analyze and interpret financial statements.

Module 1: Basics of Accounting (8 Hours)

Accounting Conventions and Concepts - Accounting Principles - Accounting disclosures, GAAP

and Users of Accounting. Introduction to IFRS.

Module 2: Basics accounting mechanics (8 Hours)

Capital vs. Revenue Expenditure, Journal – Ledgers – Cash books -- Trial Balance – Income

statement – Balance Sheet- (Students are required to understand the flow in recording transactions.

Case studies should be adopted as teaching methodology), Accounting Equation.

Module 3: Revenue recognition and measurement (As per Accounting Standard 9)

(8 Hours)

Introduction- Recognition of revenue in the course of ordinary activities of an enterprise; Inventory

valuation (As per Accounting Standard 2) Historic cost and market price valuation concepts

(LIFO, FIFO and Weighted averages) - Implications of changes in method of valuation of

Inventory; Depreciation Accounting (As per Accounting Standard 6): Accounting for depreciation

and depreciation methods- straight line and WDV method. Disposal of depreciable assets -

Implications of changes in method of depreciation.

Module 4: Exposure to reading income statements of companies and firms ( 8 Hours)

Profit and loss related concepts – reporting methods (vertical and horizontal), Measuring Income,

Adjustment process, various heads in income statements, evaluating incomes and expenses to

measure performances (Cost effectiveness – various cost component as a percent of sales).


Course Code

MBACF102

Course Name:

Financial Accounting for

Managers

Credit Distribution

L-4 P-0 T-0

CIE 50

SEE 50


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Module 5: Preparation and Presentation of Balance sheet of companies (8 Hours)

Balance sheet related concepts – Reporting of Assets of liabilities under Companies Act –

Auditors’ Report. Common-size Financial Statement – Concept of Window dressing.

Module 6: Analytical review of Financial Statements (8 Hours)

Profitability Statements - COGS, EBDIT, EBIT, Operating profit/loss, PBT, PAT; Ratio Analysis-

An Introduction- Measurement of Overall Performance of a Firm/companies – Profitability Ratios-

GP, Ratio, NP Ratio, P/E ratio, ROCE, RONW, EPS, DPS; Liquidity Ratios- Current ratio, Acid

Test Ratio, Quick Ratio; Turnover Ratio- Debtors Turnover, Creditors Turnover, Stock Turnover;

Solvency, Ratios- Debt Equity Ratio, Debt Service Coverage Ratio, Fixed Assets to Net worth;

Uses of Ratios for Internal Management; An Introduction to Financial Gearing-Effect of Financial

Leverage and Spread;

Module 7: Fund Flow and Cash Flow Statements (8 Hours)

Fund flow statement - Determining the sources and uses of working capital. Preparation of Cash

Flow Statement (as per AS-3); Presentation of Cash Flow Statement; Operating, Activities;

Investing Activities; Financing Activities; Foreign Currency Cash Flows; and Analysis-¨;

Accounting Standard on Cash Flow Statement. Difference between Fund Flow and Cash Flow

Statements.

Module 8: Accounts of non-trading organizations (8 Hours)

Accounts of non-trading organizations - receipts and payments account, Income and expenditure

account, balance sheet

Recommended Books:

1. R. Narayanaswamy; Financial accounting a managerial perspective; PHI; 3rd Edition.

2. S.K. Bhattacharyya and John Dearden; Accounting for Management text and cases; Vikas

publishing house.

3. N. Ramachandran& Ram Kumar Kakani - Financial Accounting for Management-TMH

Publications


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Course Objectives:

To enable the students to understand the basics of micro as well as macroeconomics.

To learn to employ economic concepts and logic for obtaining optimal decisions to

business problems.

To develop analytical skills through application of the concepts to the business decisions.

To build sound foundation for the different streams of disciplines that the students will be

exposed during the course period.

Module 1: Introduction to Economics (8 Hours)

Micro economic analysis – Scarcity and choice – Trade Offs – Prices and Markets – Theories and

Models – Managerial Applications of Micro Economic Theory – Managerial Decision Making –

Theory of the Firm - Goals of Microeconomic policy: Efficiency and Equity – Managerial

Economics and Economic Theory – Maximizing the value of firm

Marginal Analysis for Optimal Decisions - Objective Function –Constrained and unconstrained

optimization – Optimal level of activity – Marginal Benefit and Marginal Cost

Module 2: Market Equilibrium (8 Hours)

Demand analysis: Concept of demand, different demand Concepts-Determinants of demand

change in quantity demanded and change in demand-elasticity of demand and, measurement –

Demand forecasting.

Supply Analysis: Concept of Supply-Determinants of Supply-Change in quantity supplied and

change in supply-elasticity of supply-market equilibrium and government intervention.

Short run Vs Long run Elasticity – Demand and Supply

The seller’s view: Total Revenues, Average Revenues, Marginal Revenues – Relationship between

Elasticity of demand, Price (AR), TR and MR Applications of the elasticity concepts.


Course Code

MBACF103

Course Name:

Business Economics

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


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Module 3: Theory of Production (8 Hours)

Production Decision of a Firm – Technology of Production - Production function-laws of

production relating to short-run and long run- Production with a single variable input: TP, AP, MP

– Profit maximization and input choice – Two variable inputs: Production Isoquants - Marginal

Rate of Substitution and Elasticity of substitution – Expansion path and returns to scale

Production with two outputs – Economies of scope - Production Transformation Curves –

Economies and diseconomies of scope – the degree of economies of scope

Module 4: Cost of Production analysis (8 Hours)

Measuring Cost – Economic Vs Accounting costs-opportunity cost – sunk cost – Fixed cost Vs

variable cost - Fixed Cost Vs sunk cost – Marginal and Variable Cost – Four important decision

pit falls

Cost in the Short Run – Determinants of short-run cost – shapes of the cost curves - Cost in the

Long Run – user cost of capital – cost-minimizing input choice – Isocost Line – choosing inputs –

cost minimization with varying output levels – Expansion path and Long run costs

Long Run Vs Short Run Cost curves – inflexibility of short run production – Long Run and Short

Run average cost curves – Long Run and Short Run Marginal cost curves – Returns to scale,

Economies and Diseconomies of scale – relationship between Long Run and Short Run Cost

Dynamic changes in costs – Learning Curve - Graphing the learning curves – learning Curves

economies of scale

Module 5: Market structure &Managerial Decision (8 Hours)

Managerial Decisions in Competitive Markets - Characteristics of Perfect Competition – Demand

curve facing the firm – Profit maximization in the short run – shut down price - Profit maximization

in the Long run

Managerial Decisions with market power - Monopoly – characteristics – Determinants of market

power – Profit maximization under Monopoly; output and pricing decisions – short run profit

maximization and loss minimization under monopoly- Long run profit maximization under

monopoly – Price Discrimination- Social costs and benefits of monopoly – monopoly regulation

Managerial Decisions under Monopolistic Competition - characteristics – short run equilibrium –

Long run equilibrium – Excess capacity under monopolistic competition - Monopolistic

competition and Advertisement


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Managerial Decisions under Oligopoly– Oligopoly –Features – Kinked Demand Curve - Price

Leadership – Cartels - Game Theory– Concepts; Prisoner’s Dilemma, Nash Equilibrium – First

Mover Advantage Vs Second Mover Advantage – Pricing practices facilitating cooperation -

Strategic Decision Making in Oligopoly Markets

Module6: Pricing Practices (8 Hours)

Pricing Rules –of thumb – Mark up pricing and Profit maximization –MR, MC, and Profit

maximization -Two Part Pricing – Multiple Product Pricing – Transfer Pricing - Managerial

Implications

Reference Books:

1. Thomas, Christopher R & S Maurice, Charles; Managerial Economics – Concepts and

Applications

2. New Delhi: Tata McGraw-Hill Irwin, 2008.

3. Hershey, Mark; Managerial Economics- An Integrative Approach Cengage Learning India

Pvt. Ltd., Publications2009

4. Maddala, G S & Miller, Ellen; Micro Economics – Theory & Applications, Tata McGraw

Hill Publications

5. Dominick Salvatore; Managerial Economics, Oxford University Press

6. Mankiw, Gregory; Principles of Economics, Thomson South-Western

7. Pindyck & Rubin Feld, Microeconomics, Pearson 5th edition

8. G. S. Gupta, Managerial Economics, Tata McGraw Hill Latest Edition

9. Dwivedi, Managerial Economics, Vikas Pub., House Pvt., Ltd., 2002

10. Das, Satya P, Micro Economics for Business, Sage Publishers, 2007

11. Mulhearn, Chris, Howard R Vane, Economics for business, James Eden , New York,

Palgrave ,2011

12. W Bruce Allen, Managerial economics theory application and cases, Viva Books, New

Delhi,2010


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Course Objectives:

Develop and refine decision-making skills by basing decision upon the outcome of

statistical tests.

Determine and analyze the appropriate type of statistical problem solving techniques to

business situations.

Interpret the results of statistical tests to draw conclusion / decision.

Understand the reasoning/basis behind each statistical test.

Shall be able to manually solve selected problems.

Module 1: Introduction (4 Hours)

Definition of Statistics – Importance and Scope of Statistics – Functions of Statistics - Statistical

Investigation - Limitations of Statistics. Distrust of Statistics. Descriptive Statists – Tabular &

graphical presentation–Statistical Data: Primary and Secondary data – Sources of Data – Types of

Classification of data - Frequency Distribution: Discrete or Ungrouped Frequency Distribution,

Grouped Frequency Distribution, Continuous Frequency Distribution. – Diagrammatic and

Graphic Representation; Frequency Polygon, Cumulative Frequency Curves or Ogives –

Advantages and Limitations of Diagrams and Graphs. Tabulation: - Types of Tables- Construction

of one way and two way tables.

Module 2: Descriptive Statistics (8 Hours)

Numerical Measure: Measures of Location- the Weighted and working with Grouped Data-

Measures of Variability - Measures of Distribution shape- Relative Location and detecting outliers

-Exploratory Data Analysis

Module 3: Introduction to Probability (8 Hours)

Basic definition Events, Sample space and probabilities, Basic rules of probability, Conditional

probability, independence of Events, Combinatorial concepts, laws of total Probability – Bayes’

theory, Joint probability table. Expectancy theory and problems.

Module 4: Probability distribution (8 Hours)

Nature Area: General Management Semester - I

Course Code

MBACF104

Course Name:

BUSINESS STATISTICS - I

Credit Distribution

L-3 P -0 T -0

CIE 50

SEE 50


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Random Variable -Discrete Probability Distributions -Expected Value and Variance -Binomial

Probability Distribution-Poisson Probability Distribution. Continuous probability distribution -

Normal Probability Distribution - Normal Approximation of Binomial Probabilities -.

Module 5: Correlation and Simple Linear Regression (8 Hours)

Correlation – concept, types, measures of correlations – Karl Pearson and Spearman’s correlation

coefficient- Simple Linear Regression Model-Least Squares Method-Coefficient of

Determination-Model Assumptions.

Module 6: Samples and Sampling (4 Hours)

The Associates of Sampling, Problem-Simple Random Sampling -Points Estimation-Introduction

to Sampling Distributions-Sampling Distribution of mean - Sampling Distribution of Proposition-

Properties of point Estimators - Other Sampling Methods.

Module 7: Population and Sample Mean (4 Hours)

Known-Population mean: Unknown-Determining the sample Size-Population Proportion.

Module 8: Index Number and Time series (6 Hours)

Introduction – components and decomposition of time –Analysis of trends, moving average,

weighted moving average, Exponential smoothing, Exponential smoothing with trends,

Measurement of errors, Monitoring and Controlling forecasting models.

Recommended Books:

1. J.K.Sharma, Business Statistics, Pearson Education, Third, 2010.

2. Statistics for Management, Levin and Rubin

3. Fundamentals of Statistics, S. C. Gupta, Himalaya Publishing House, 7/e,

4. Aczel and Sounderpandian Complete Business Statistics 6/e, , Tata-McGraw Hill, 2006

5. Anderson, Sweeney, William, Statistics for Business and Economics”, Thomson

Publishing, 9/e, 2007


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Course Objectives:

To induct marketing theory and concepts to what marketers do in "the real world”

To analyze how in a customer driven economy companies embrace and act profitably

Importance of attracting, retaining customers & measure outcome of marketing activity

Module 1: Introduction (6 Hours)

Introduction Concept, nature, scope and importance of marketing; Marketing concept and its

evolution; Marketing mix; Strategic marketing planning – an overview. Market Analysis and

Selection: Marketing environment – macro and micro components and their impact on marketing

decisions; Market segmentation and positioning; Buyer behavior: consumer versus organizational

buyers; Consumer decision making process

Module 2: Product Decisions (6 Hours)

Concept of a product; Classification of products; Major product decisions; Product line and

product mix; Branding; Packaging and labeling; Product life cycle – strategic implications; New

product development and consumer adoption process. Pricing Decisions: Factors affecting price

determination; Pricing policies and strategies; Discounts and rebates

Module 3: Distribution Channels and Physical Distribution Decisions (6 Hours)

Nature, functions, and types of distribution channels; Distribution channel intermediaries; Channel

management decisions; Retailing and wholesaling. Promotion Decisions: Communication

Process; Promotion mix – advertising, personal selling, sales promotion, publicity and public

relations; Determining advertising budget; Copy designing and testing; Media selection;

Advertising effectiveness; Sales promotion – tools and techniques.

Module 4: Marketing Research (6 Hours)

Meaning and scope of marketing research; Marketing research process. Marketing Organization

and Control: Organizing and controlling marketing operations. Issues and Developments in

Marketing: Social, ethical and legal aspects of marketing; Marketing of services; International

marketing; Green marketing; Cyber marketing; Relationship marketing and other developments of

marketing.

Nature Area: General Management Semester - I

Course Code

MBACF105

Course Name:

Marketing Management

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


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Module 5: Services Marketing (6 Hours)

Introduction, concept and evolution of services marketing, meaning of service marketing, myths

encountered in services, need for service marketing, and growth in Services Marketing. Services

Marketing Mix and Gaps Model Introduction, 7Ps of service marketing, service gaps framework,

perceived service quality, models of service marketing, service marketing in different sectors

Module 6: Service Design and Service Delivery (6 Hours)

Introduction, Service delivery process, service encounters and Moments of Truth, employee role

in service delivery, service employee- criteria, importance and emotional approach, role of service

provider, intermediaries involved in Service Process and Service Delivery

Module 7: Consumer Behavior in Services Marketing (6 Hours)

Introduction, Customer Expectations in Services, Service Costs Experienced by Consumer, the

Role of customer in Service Delivery, Conflict Handling in Services, Customer Responses in

Services, Concept of Customer Delight, Service Development and Quality Improvement,

consumer defined service standards

Module 8: Customer Relationship Management (6 Hours)

Introduction, Meaning and Definition of CRM, Importance of CRM, Concept and Growth of

Relationship Marketing, Scope of Relationship Marketing, concept of Lifetime Customer and

Customer Loyalty, Benefits and difficulties of CRM

Recommended Books:

1. Marketing Management, 13th edition, 2009, Pearson, Kotler, Kevin Keller, Koshy, Jha

2. Principles of Marketing 13th edition, 2010, Pearson, Kotler, Armstrong, Agnihotri,

Haque

3. Marketing Management 4th Edition, Rajan Saxena, McGraw-Hill Publication

4. Marketing Matrices, 2nd edition, Pearson, Farris, Bendle, Pfeifer, Rubinstein

5. Marketing Management, 4th edition, V.S.Ramaswamy Mac Millan Publishers

6. Digital marketing: The essential guide to New Media and Digital Marketing, Kent

Wartime, Ian Fenwick, Wiley


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Course Objectives:

Explain the strategic role of operations management and its competitive advantage.

Explain the relationships between the operations function and other functional areas of a

business Such as marketing, finance, and information systems and how they can work

together to achieve the business strategy.

Explain approaches to designing and improving processes.

Students will use relevant tools and techniques to solve operations management problems.

Module 1: Introduction to operations management (6 Hours)

Foundations to operations management: Principles of Production / operations Management.

Operations strategy, Systems perspective of operations management, decisions of OM, Functions/

Scope of OM, Competition dimensions of OM, Different production systems, Product-process

matrix, service-process matrix, productivity, types, techniques to enhance productivity.

Module 2: Introduction and Break even analysis (7 Hours)

Break even analysis - Break even analysis in terms of physical units, sales value, and percentage

of full capacity. Break even for Multi Product situations, Capacity expansion decisions, Product

add or drop decisions, Make or Buy decisions, Equipment Selection decisions, Production process

selection decisions, Managerial uses of breakeven analysis, Limitations of Breakeven analysis.

Note: The module will cover both theory and numerical problems with emphasis on decision

making for competitive advantage.

Module 3: Forecasting (7 Hours)

Forecasting as a planning tool, forecasting time horizon, short and long range forecasting, sources

of data, types of forecasting, qualitative forecasting techniques, quantitative forecasting models -

Linear regression, moving average, weighted moving average, Exponential smoothing,

Exponential smoothing with trends, Measurement of errors, Monitoring and Controlling

forecasting models. Note: The module will cover both theory and numerical problems


Course Code

MBACF106

Course Name:

Operations Management

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


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Module 4: Facility Planning (7 Hours)

Facilities location decisions, factors affecting facility location decisions and their relative

importance for different types of facilities, Facility location models, Facility layout planning:

Layout and its objectives for manufacturing operations, warehouse operations, service operations,

and office operations., principles, types of plant layouts – product layout, process layout, fixed

position layout, cellular manufacturing layouts, hybrid layouts, Factors influencing layout

changes, Facilities utilities – lighting, ventilation, air conditioning, noise control, sanitation,

Materials handling - objectives, principles, types. Note: The module will cover theory focusing on

safety, psychological factors, and productivity.

Module 5: Employee Productivity (7 Hours)

Productivity and work study, Productivity and the standard of living, Productivity and the

organization, productivity, variables affecting labour productivity, work content and time, Work

Study and related working conditions and human factors, Method Study , Introduction to Method

Study, Data collection, recording, examining, and improving work, Material flow and material

handling study, Worker flow study, Worker area study, Work Measurement, Introduction to Work

Measurement, Work sampling study, Time study and setting standards, Numerical problems on

productivity measurement, time study and work standards

Module 6: Capacity Planning (7 Hours)

Concept and overview of aggregation, Demand and capacity options and strategies in production

and services, capacity and value, financial impact of capacity decisions, aggregate planning types

and procedure, capacity requirement planning, concepts of yields(productivity) and its impact on

capacity; Capacity requirement planning, Materials requirement planning, Planning hierarchies in

operations, aggregate planning, purpose, necessity and importance of aggregate planning,

Managerial importance of aggregate plans, alternatives for managing demand and supply, capacity

augmentation strategies. Matching demand and capacity, demand chase aggregate planning, level

production aggregate planning, capacity planning and steps, Resource requirements planning

system, material requirement planning, objectives of MRP, elements of MRP, BOM, benefits of

MRP, Capacity requirement planning and strategies. Job shop scheduling n jobs on 1 machine, n

jobs on 2 machines. Numerical problems on job shop scheduling – Line Balancing theory –

numerical problems on line balancing.

Module 7: Materials Management (7 Hours)

Role of Materials Management- materials and profitability, Purchase functions, Procurement

procedures including bid systems, Vendor selection and development, Vendor rating, Concepts of

lead time, EOQ, DDLT problems, purchaser functions, Inventory Management: Concepts of

inventory, types, Classification, selective inventory management, Inventory controlling techniques

ABC VED, and FSN.


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Reference Books:

1. B. Mahadevan, Operations Management Theory and Practice, Pearson education,

Second impression 2007

2. William J. Stevenson Operations Management, 8th 2005.

3. Prof. K. Ashwathappa, K Sridhar Bhat, Production and Operations Management –

Himalaya Publications

4. Upendra kachru, Production and Operations Management, Text and cases, first, excel

Books.

5. Byron J Finch Operations Now, Tata Mc Grawhill, 3rd, 2008

6. Norman Gaither & Greg Fraizer, Operations Management, Thomson Southwestern


Page 23 of 87

Course Objectives:

To acquaint students with comprehensive inputs for writing, formatting and transmitting

business documents.

To sensitize students with the basic principles, goals and issues critical successful business

communication.

To highlight the use of technology in business communication to achieve a competitive

advantage.

Module 1: Basics of Communication (4 Hours)

Process of communication, components of communication, factors of communication, types of

communication, barriers to communication

Module 2: Introduction to the Writing Process (6 Hours)

Formats of letter writing, Basics of Business Writing – 3 x 3 : Writing Process: Pre-writing,

Writing and Revising; Pre- writing: Analyze –Anticipate –Adapt , Organizing And Writing

Business Messages – Researching Data and Gathering Ideas, Organizing Data , Composing the

First Draft, Revising, Proofreading; Evaluating Business Message

Module 3: Business Correspondence (12 Hours)

Routine Letters and Goodwill Messages: Direct and Indirect Pattern, Types of Routine Letters -

Request Letters, Reply Letters, Recommendation Letter, Claims and Adjustment Letters,

Complaint letters, sales letters, Kinds of Memos – Procedure and Information Memos, Request

and Reply Memos, Confirmation Memos. Employment Communication – Preparing Resumes;

Types of Resumes – Chronological, Functional and Combination; Application Letters – AIDA

Approach; Reference Request Letter; Job Inquiry Letter; Resume Follow up Letter; Interview

Follow Up Letter; Rejection Letter; Interviewing for Employment.

Module 4: Oral, Non Verbal Communication, Negotiation skills (6 Hours)

Oral communication skills and effectiveness principles, applications of conversational control,

nonverbal communication, characteristics, classification, advantages, nature of negotiation, need

Nature Area: General Management Semester

Course Code

MBACF107

Course Name:

Business Communication

Credit Distribution

L-3 P - 0 T- 0

CIE 100


Page 24 of 87

to negotiate, factors affecting negotiation, negotiation process, negotiation strategies, business

etiquette, communication across culture

Module 5: Listening Skills (4 Hours)

Purpose of listening, cognitive process of listening, barriers to listening, overcoming listening

barriers.

Module 6: Presentation Skills (4 Hours)

Presentation, elements of presentation, designing of presentation, audio visuals: types, use,

placement, tables, graphs, figures.

Module 7: Meetings (4 Hours)

Meeting – Preparing for Meeting: Purpose, Participants, Location, Agenda – Conducting: Time,

Procedure, Participation, Closure and Follow-up – Minutes of the Meeting - Using Groupware to

Facilitate Meeting: Videoconferencing and Teleconferencing, Email Meetings, Electronic

Meetings.

Module 8: Writing for the Web (8 Hours)

Social networking sites – Blogs - Business forums; Technology- enabled communication: Tools

for Constructing, presenting, transmitting and collaborating messages.

Recommended Books:

1. Business Communication Process and Product, Mary Ellen Guffy, 3rd Edition, Thomson

South Western.

2. Business Communication – Connecting in a Digital World, Lesikar, Flately, Rentz, Lentz,

Pande,13th Edition, McGraw Hill.

3. Technical Communication, Raman Sharma, Oxford

4. The creative Writing, John Singleton and Mary Luckhurst, Mac Millan

5. Basic Business Communication-Skills for Empowering The Internet Generation,

Lesikar,Flatley, 9th Edition, Tata McGraw Hill.

6. Business Communication- Concepts, Cases and Application, P D Chaturvedi and

Chaturvedi, Pearson Education


Page 25 of 87

Course Objective:

Give students an in-depth understanding of why Excel is essential components in business.

Introduce the fundamentals of computing devices and reinforce computer vocabulary,

particularly with respect to personal and professional use of computer hardware and

software.

Provide hands-on use of Microsoft Office applications Word, Excel, Access and

PowerPoint. Completion of the assignments will result in MS Office applications

knowledge and skills.

Introduction to Basic Application of Excel -

Getting Comfortable with Excel

The Basics of Data

Managing Workgroups Structure

Creating Formulas

The Basics of Functions

What Is a Name

Making Data Look Good

A Picture Is Worth More Than a Thousand Words

The Simplicity of Tables

Managing the Excel Environment

Preparing the Files for Distribution

Advance Application of Excel -

Advanced Calculations

Subtotals and Outlines

PivotTables

Adapting Charts for Complex Data

Advanced Data Tools

Auditing Calculated Values

Performing a What-If Analysis

Macros VBA and Security


Course Code

MBACF1LB1

Course Name:

Excel Lab for Finance

Credit Distribution

L-0 P-2 T-0

CIE 100


Page 26 of 87

Course Objective:

To visit industries and get familiarized with the functioning of an organization.

Focus of Visit:

Understanding organization structure

Type of organization

Functional departments

Products / Service

Evaluation Methodology:

Individual report to be prepared and submitted for evaluation and award of marks.

Technical Seminar:

Students would be assigned topics on current issues. A detailed report would have to be

submitted and presented.


Course Code

MBACF1IV1

Course Name:

Industrial Visits / Technical

Seminar

Credit Distribution

L-0 P-1 T-0

CIE 100


Page 27 of 87

II Semester


Page 28 of 87

Course Objectives:

To introduce the functions of finance management

To imbibe basic concepts which enable the financial decision making

To analyse capital structure decisions

To analyse investment decisions

Module 1: Financial Goals of the Firm (6 Hours)

Financial Management – Introduction to finance, objectives of financial management – Firm Value

and equity value– profit maximization and wealth maximization - Changing role of finance

managers - Organization of finance function.

Agency model; problem and agency cost – Stockholders and Managers; bondholders and society

- Disciplining management through corporate governance - Sustainability model.

Module 2: Time Value of Money (10 Hours)

Present and future value of single payments, annuities, annuities due, and perpetuities - Growth in

annuities and perpetuities - Compound interest and continuous compounding - Annual percentage

rates and effective annual rates - Mathematics of loans: Discount, Interest only, Full and partial

amortization

Module 3: Risk & Return (10 Hours)

Concepts of Risk and Return – Diversifiable and Non-Diversifiable risk - Risk & return of single

asset, risk and Return of a portfolio, Measurement of market risk for single asset and portfolio.

Module 4: Capital Budgeting (10 Hours)

Investment Rules: Capital budgeting methods and their limitations - Comparing projects with

varying lives with varying cash flows - Capital budgeting decision rules.

Module 5: Financing Decision (10 Hours)

Sources of long term funds Cost of capital – basic concepts. Cost of debenture capital, cost of

preferential capital, cost of term loans, cost of equity capital (Dividend discounting and CAPM

Nature Area: General Management Semester - II

Course Code

MBACF201

Course Name:

Corporate Finance - I

Credit Distribution

L-4 P-0 T-0

CIE 50

SEE 50


Page 29 of 87

model). Cost of retained earnings. Determination of Weighted average cost of capital (WACC)

and Marginal cost of capital.

Module 6: Capital Structure (10 Hours)

Capital structure decisions – Overview of financing choices –The financing process; internal and

external financing - Operational and financial leverage - Business risk and its effect on the use of

financial leverage - Determination of the optimal capital structure - Modigliani and Miller

Propositions I and II - Theories for determining optimal capital structure - Static theory - Signaling

theory - Pecking order theory - Other factors affecting capital structure - Corporate finance in

practice –Planning the capital structure: EBIT and EPS analysis. ROI & ROE analysis. Capital

structure policy (No capital structure theories to be covered)

Module 7: Dividend policy (8 Hours)

Dividend policy – factors affecting the dividend policy - dividend policies- stable dividend, stable

payout. Theories of dividend policy: relevance and irrelevance dividend decision. Walter’s and

Gordon’s model, Modigliani and Miller approach. Dividend policies – stable dividend, stable

payout and growth. Bonus shares and stock split corporate dividend behavior. Legal and

procedural aspects of dividends Corporate Dividend Distribution Tax- empirical evidence of

dividend policy. Analyzing cash returned to the stockholders - cash flow approach and comparable

firm approach

Recommended Books:

1. Prasanna Chandra; Financial Management Theory and Practice; Tata McGraw Hill; 7th Edition

2. I.M. Pandey – Financial Management (Vikas), 9/e,

3. Brigham & Houston – Fundamentals of Financial Management, Thomson Cengage Learning,

1/e,

4. M.Y. Khan & P.K. Jain – Financial Management (TMH), 5/e

5. Damodaran, Corporate Finance – John wiley& Co., 2/e, 2004

6. Vanhorne, Financial Management & Policy, Pearson / PHI, 11/e, 2002.


Page 30 of 87

Course Objectives:

The perspective of the subject is to understand the financial statements and what drives the

performance.

Effect of costs on performance and various ratios

Application of cost concepts for managerial decisions

Module 1: Management Control Systems (8 Hours)

Basic concepts, goals, and strategic key variables in management control systems. Management

by objectives. Management Control - Operational Control – Task Control. Concept of cost centers,

profit centers and investment centers. Cost units- classification of costs- cost analysis for

management decision making - Preparation of cost sheet

Module 2: Determinants of Product costing (8 Hours)

Determining product costs: cost elements for product Costing -Material control and costing, labor

costs

Module 3: Product costing (8 Hours)

Accounting for overheads –Factory overheads principles of allocation and absorption -

Administrative overheads – selling and distribution overhead

Module 4: Costing methods (8 Hours)

Mechanics of ascertaining product costs under job order costing and process costing (Does not

include Equivalent production, by products).

Module 5: Cost Analysis for planning control and decision making (8 Hours)

Concept of Marginal (variable) costing. Comparison between variable costs and fixed costs, -

advantage of variable costing. Decisions involving alternative choices: cost analysis for decision

making like discontinuing a product, accepting a special order, make or buy, Sell or Process

further, Product Mix


Course Code

MBACF202

Course Name:

Management Accounting and

Control System

Credit Distribution

L-4 P-0 T-0

CIE 50

SEE 50


Page 31 of 87

Module 6: Cost- Volume – Profit Analysis (8 Hours)

Cost-volume – profit (CVP): Profit planning- behavior of expenses in relation to volume- CVP

model- sensitivity analysis of CVP Model for changes in underlying parameters- assumptions of

the CVP Model- Utility of the Model in Management Decision Making.

Module 7: Budgeting and budgetary control (8 Hours)

Budgeting as a tool of management control-steps in budget preparation- Functional budget

problems on sales - production - material- Cash budget, Flexible budgets.

Module 8: Standard Costing (8 Hours)

Comparison with Budgetary control, analysis of variance – simple problems on material, labor and

overhead variance.

Recommended Books:

1. Charles T Horngren –Introduction to Management Accounting - Pearson/PHI

2. P C Tulsian – Practical Costing- Vikas Publishers

3. Jawaharlal -Cost Accounting – TMH

4. Robert N Anthony & Vijay Govindrajan –Management Control system-(TMH)

5. Khan & Jain- Cost Accounting-(TMH)

6. Bhattacharya –Cost Accounting: Principles and Practice - PHI

7. Cost Accounting – M.N Arora – Vikas Publishers

8. P. Saravanavel-Management Control System- (HPH)


Page 32 of 87

Course Objectives:

Managers recognize the need to tap into the skills and knowledge of their increasingly

skilled and knowledgeable employees if they are going to be successful. This raises the

central question - how do they do this? This question, in various forms, has been at the

Centre of management thought.

The economy and the rise of the knowledge worker, simply highlights the importance for

organizations to address this question.

Human Resource Management, both as an academic discipline and as a professional

practice, is concerned with exploring the various dimensions of this question.

Module 1: Introduction to Managing Human Resource (6 Hours)

Nature and scope, features, functions, objectives, policies, procedures and Programs, practices,

Line and staff responsibility, Roles and Responsibilities of managers.

Module 2: HR Planning & Acquisition (6 Hours)

Human Resource Planning, Objectives, integration of strategic planning and HRP, benefits of

HRP, factors affecting HRP, process, problems of HRP, Job design, Need, Approaches, Options,

Process, Job Description, Job analysis process, benefits of job analysis. Recruitment - Objectives,

Recruitment Policy – formulation, responsibilities, Policy design, factors influencing policy,

Recruitment Process in detail, their importance and implications, Selection Process.

Module 3: Training and Development (6 Hours)

Need, Forms and types, Training need analysis, Delivery Methodology, Evaluation. Capacity

building.

Module 4: Performance Appraisal and Management (6 Hours)

Purpose, objectives, appraisers and different methods of appraisal, Potential Appraisals,

limitations and problems of performance appraisal, Post Appraisal Analysis, 360-degree appraisal.

Nature Area: General Management Semester – II

Course Code

MBACF203

Course Name:

Human Resource Management

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


Page 33 of 87

Module 5: Compensation & Benefits Administration (6 Hours)

Compensation Management: need for sound salary administration, factors affecting wages/ salary

levels, job evaluation, wage salary survey, salary structure, salary fixation, incentives, bonus

concepts, ESOPs, pay for performance, Benefits administration, employee welfare and working

conditions-statutory and voluntary measures.

Module 6 Career Planning & Development (6 Hours)

Career – Stages in career Planning and Career development – Process.

Module 7: Employee Separations, Downsizing & Outplacement (6 Hours)

Employee separation, types, costs of employee separation, benefits of employee separation,

managing early retirements, managing layoffs, outplacement goals and services

Module 8: HR Accounting, Records, Audit, Research and Information (6 Hours)

Human Resource accounting, HR Records, HR Audit– Objectives, Needs, Process. HR

Information System

Recommended Books:

1. Essentials of Human Resource Management and Industrial Relations, Himalaya

Publication - SubbaRao –3rd Revised ,

2. Internal Audit – Roy Chowdhary Subject Title Human Resource Management

3. Human Resource Management, Principles & Practice – Aquinas, Vikas Publication,

4. Managing Human Resources - Wayne F Cascio, TATA McGRAW-HILL- 7th , , 10th

Chapter

5. Managing Human Resource - Luis R. Gomez-Mejia – Fourth , , Pearson Publication, 6th

Chapter


Page 34 of 87

Course Objectives:

To provide a formal quantitative approach to problem solving;

To give an intuition for managerial situations where a quantitative approach is appropriate;

To introduce some widely used quantitative models;

Description of the linear programming model, decision theory, etc.;

Module 1: Statistical Inferences (10 Hours)

Statistical Inferences about means & proportions with two samples - Inferences about the

difference between two populations means when standard deviations known - Inferences about the

difference between two populations means when standard deviations unknown. Inferences about

the difference between two population means with matched samples - Inferences about the

difference between two population proportions. Inferences about population variance - Inferences

about two population variances, Chi test, ANOVA, one way & two way.

Module 2: Decision theory (8 Hours)

Decision theory – decision under uncertainty- Maxmin & Minmax, decision under Risk- Expected

Value, decision tree problems.

Module 3: Introduction to OR (10 Hours)

Applications, Shortcomings, Models, Methodology, LP Model formulation, solution to LP model

by graphical methods - Duality in linear programming.

Module 4: Theory of Games (10 Hours)

Terminology; Two person zero sum game; Solution to games: Saddle point, dominance rule, Value

of the game, mixed strategy, Graphical method of solving a game – (2 x n) and (m x 2) games.

Module 5: Queuing Models (6Hours)

Introduction; Characteristics of Queuing models, Models for Arrival and Service Times; Single

Poisson arrival with Exponential Service Rate; Applications of Queuing models.


Course Code

MBACF204

Course Name:

Business Statistics - II

Credit Distribution

L- 3 P-0 T-0

CIE 50

SEE 50


Page 35 of 87

Module 6: Simulation of Management Systems (6 Hours)

Terminology, Process of Simulation, Monte Carlo Method, Waiting Line Simulation Method,

Inventory Management Simulation, Marketing Management Simulation, Financial Management

Simulation.

Recommended Books:

1. J.K. Sharma, “Operations Research”, McMillan India

2. N. D. Vohra, “Quantitative Techniques in Management”, Tata McGraw Hill

Publications, 3/e, 4th reprint 2007

3. S. D. Sharma, “Operations Research”, KedarNath and Ram Nath & Co. Ltd.

4. Gupta and Khanna, Quantitative Techniques for Decision Making, PHI Publication,

2005

5. Natarajan, Balasubramani, Tamilarasi, “Operations Research”, Pearson Education, 1/e,

2002

6. C. R. Kothari, “Quantitative Techniques”, Vikas Publishing House, 3/e, 2004

7. Terry Lucey, Quantitative Techniques, Thomson Learning, 6/e, 2004


Page 36 of 87

Course Objectives:

This MBA course in Macroeconomics is designed to provide students with a unified

framework to understand the functioning of the economy and also enable the students to

analyze macroeconomic issues such as growth, productivity, business cycles, inflation,

money, interest rates, monetary and fiscal policy, banking and financial crises.

The course is a mixture of macro theory and real-world applications to help the students to

develop analytical models that stress the microeconomic underpinnings of aggregate

outcomes.

Module1: Circular Flow of Income (6 Hours)

National Income Circular Flow of Income -Simple Equilibrium without Government Intervention

– Economy with Government Intervention - Three Sector Model; Equilibrium in an Economy with

Government Intervention - Four Sector Model Factors Affecting the Size of a Nation’s Income –

Approaches to Measure National Income - Measures of Aggregate Income - Difficulties in

Measuring National Income - The Uses of National Income Statistics.

Module 2: Aggregate Demand –Aggregate Supply Model (6 Hours)

Law of Supply and Demand - Basic of Aggregate Supply and Aggregate Demand (AS-AD)–Sticky

prices and their Macro economic consequences- Components of Aggregate Demand and Aggregate

Supply – Factors affecting the Aggregate Demand and Aggregate Supply – Long-run and short-run

Aggregate Supply - Keynesian Income Determination models: Two Sector, Three Sector and Four

Sector – Multiplier Principle

Module 3: Inflation (6 Hours)

Inflation – Concept, Types of Inflation –Philips Curve - Expansionary and Contractionary

Measures - Economic and Social Cost of inflation Measures

Nature Area: General Management Semester– II

Course Code

MBACF205

Course Name:

Economics for Finance

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


Page 37 of 87

Module 4: Fiscal Policy (6 Hours

Fiscal Policy: concept, objectives, constituents - Concepts of Deficit: Budget Deficit, Fiscal Deficit,

Revenue Deficit, Primary Deficit - Fiscal Policy and Economic Growth - India’s budgetary policy,

Tax policy and sources of revenue

Module 5: Monetary Policy (6 Hours)

Money and Monetary Policy: Concept, Functions, Money Supply Process Monetary Policy:

Concept, Objectives - Instruments of Monetary Policy - Challenges for the Central Bank Monetary

Policy in a globalized economy – Coordination between Monetary Policy and Fiscal Policy

Module6: Business Cycles (6 Hours)

Business Cycles – concept, features, phases – direction& timing of economic variables - Counter

cyclical policies. Macroeconomics in a Global Business Environment

Module 7: Trade Theories (6 Hours)

Theory of Comparative Advantage: Heckscher-Ohlin Theorem - New Trade Theory - Terms of

Trade - Commercial Policy: Free Trade and Protection. Balance of Payments. Trade in services

–Global sourcing – Balance of Payments: concept and structure – Trade and BOP of India –

Balance of payment Deficit and Measures

Module 8: Economic Integration (6 Hours)

Economic Integration: Concept and forms/levels – World Trade Organization Optimal Currency

Area; Globalization; Alter globalization; Economy in Transition; Emerging Economy - World

Trade Organization: objectives & functions – latest round of trade negotiations

Recommended Books:

1. Paul Samuelson: Economics, Tata-McGraw-Hill edition, Tenth print 2008, (for Modules 1-7)

2. Abel, Bernanke and Croushore [ABC], “Macroeconomics,” Addison-Wesley, 7th Edition,

2010

3. S.K Misra and V.K.Puri Economic Environment of Business-, Himalaya publishing house,

latest editon)

4. William boyes and Michael Melvin Principles of Economics, Indian Edition, Cengage

Learning, 2003

5. Gregory Mankiw Macro Economics Worth Publishers, 6th edition 2009

6. Robert H Frank and Ben S Bernanke Principles of Economics Tata McGraw- Hill

7. O’ Sullivan et all Macro Economics – Principles, Applications and Tools Dorling Kindersky

(India) Pvt.ltd., (Pearson Education), New Delhi, 2012


Page 38 of 87

Course Objectives:

To understand different markets and instruments

Regulatory frameworks of markets

Design and apply instruments

Module 1: Indian Financial System (6 Hours)

Financial System- functions- Financial markets – primary and secondary markets – major players

and instruments in secondary market - Functioning of stock exchanges, trading and settlement

procedures at NSE & BSE.

Impact of various Policies on Financial Markets - Credit Policy of RBI - Fed Policy - Inflation

Index, CPI, WPI, etc.

Module 2: Issue Management (7 Hours)

Merchant Banking- SEBI guidelines for merchant bankers – Issue Management – Equity issues –

Rights issues – Debenture issues – Book building – Private Placements – Pre & Post issues

activities – Raising capital from International markets: ADRs, GDRs, IDRs, and ECB etc.

Module 3: Capital Market (7 Hours)

Capital Market Primary - New Issue Market - Domestic and Global – types of issues - Private

Placement, QIP, - Disinvestment Capital Market – Secondary Market- Stock Market Operations -

Indian Debt Market

Module 4: Money Market (7 Hours)

Structure – Organized and Un-Organized Market, Call Money Market, Bills market, Market for

Government Securities., Money market Instruments: Treasury Bills, Repurchase Agreements /

Reverse Repo, Commercial bills, Commercial Papers, Certificate of Deposit. The role of merchant

banker in money market

Module 5: Commodity Market (7 Hours)

What are Commodity Markets - Role of Commodity Markets - Commodity Market in India -

Application of Derivative in Commodities - Global Commodities Exchanges

Nature Area: General Management Semester– II

Course Code

MBACF206

Course Name:

Financial Markets

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


Page 39 of 87

Module 6: Other Instruments / Services (7 Hours)

Credit card – Bill discounting – Factoring – Forfeiting – Reverse mortgage service – Bridge

Finance. Angel Financing-Venture Capital and Private equity

Module 7: Global Financial Markets (7 Hours)

Introduction to Global Financial Market - Role of Financial Market in Economic Development of

a country - Stakeholders in Financial Market (Domestic and Global) - Indian Financial Market

Scenario Equity issues in global market – ADR, GDR, EDRs – Debt issues in global markets

Recommended Books:

1. Financial Markets Institutions and Financial Services by Taxman

2. Merchant Banking and Financial Services by Dr.S Guruswamy

3. Financial Markets and Institutions by Dr.S Guruswamy

4. Capital Markets by Dr.S Guruswamy, TMH publication

5. Indian Financial System by H R Machiraju- Vikas Publishing House


Page 40 of 87

Course Objectives:

To understand ethical dimension of business- Indian values and ethos

Ability to apply principles and theories for business decisions

Module 1

Over view of Ethics; Understanding ethics, Why ethics, Ethical values, myths and ambiguity,

ethical codes

Module 2

Managing Ethical Dilemma; Characteristics of ethical dilemma, ethical decision making, ethical

reasoning, characteristics of ethical dilemmas; the dilemma resolution process; ethical dilemmas

in different business areas finance, marketing HRM and international business.

Module 3

Ethical Culture in Organization; Overview, Org Ethics Development System (OEDS),

Organization culture, Developing codes of Ethics and conduct, Ethical and value based leadership

Module 4

Indian Ethos in Management; Basic principles, Indian approaches towards management, Role of

scriptures in understanding ethics, Indian wisdom

Module 5

Ethical Principles in Business; Theories of Ethics, Absolutism verses Relativism, Teleological

approach, the Deontological approach, Koholberg’s six stages of moral development (CMD);


Course Code

MBACF2SE1

Course Name:

Indian Ethos and Values

Credit Distribution

L-0 P-1 T-0

CIE 100


Page 41 of 87

Course Objectives:

To provide knowledge of the legal environment in which a consumer and businesses

operates.

To provide the student with knowledge of legal principles.

COMMERCIAL LAWS

1. Indian Contract Act, 1872

(a) Essential elements of a contract, offer and acceptance

(b) Void and voidable agreements

(c) Consideration

(d) Legality of object

(e) e-contracts

(f) Constraints to enforce contractual obligations

(g) Quasi-contracts, contingent contracts, termination or discharge of contracts

(h) Special contracts: Indemnity and Guarantee; Bailment and Pledge; Laws of Agency

2. Sale of Goods Act, 1930

(a) Definition

(b) Transfer of ownership

(c) Conditions and Warranties

(d) Performance of the Contract of Sale

(e) Rights of Unpaid Vendor

(f) Auction Sales

3. Negotiable Instruments Act, 1881

(a) Definition and features of NI

(b) Crossing, Endorsement and Material Alteration

(c) Acceptance, Assignment and Negotiation

(d) Rights and liabilities of Parties

(e) Dishonor of a Negotiable Instrument.

INDUSTRIAL LAWS

(a) Factories Act, 1948


Course Code

MBACF2WS1

Course Name:

Corporate Law

Credit Distribution

L-0 P-1 T-0

CIE 100


Page 42 of 87

(b) Payment of Gratuity Act, 1972

(c) Employees Provident Fund Act, 1952

(d) Employees State Insurance Act, 1948

(e) Payment of Bonus Act, 1965

(f) Minimum Wages Act, 1948

(g) Payment of Wages Act, 1936

CORPORATE LAW

(a) The Companies Act, 2013


Page 43 of 87

Course Objectives:

To develop an understanding of research

To develop an ability critically appraise managerial phenomenon

Ability to identify, understand and convert managerial problem into research question

To design and apply relevant research designs to address the research question

Data analysis, interpretation and writing research proposals.

Workshop

Note: The idea of the workshop is not to teach through the content of the course but enable students

understand the reasoning behind different research paradigms, designs and methods and learn by

doing scaled down research projects using various methods and experience the process of complete

cycle of research starting from problem definition through design, data collection and analysis and

reporting.

Evaluation:

Evaluation is done on the basis of both individual and group work, the description is as below

Group Work:

Projects: Submission and presentation

Individual Evaluation:

1. Exercises

2. Tests on Conceptual Understanding

3. Viva on the Projects done

Readings:

Any research methodology book prescribed by the faculty and lecture notes

Module 1: Research Foundations

Introduction to Business Research- purpose of research, Research Ethics and Integrity - An

Introduction to Financial Research and managerial implications- Alternative approaches to

research within the social sciences in general and finance in particular.


Course Code

MBACF2WS2

Course Name:

Financial Research Methods

Credit Distribution

L-0 P-2 T-0

CIE 100


Page 44 of 87

Module 2: Research Process

Literature Review and Critical Reading, Generating Research Ideas, Structure of Research,

Deduction & Induction, Research design - Introduction to Design, Types of Designs, Data sources

and collection,

Types of Relationships, Variables, Hypotheses, Types of Data, Unit of Analysis, Two Research

Fallacies

Module 3: Research design

Qualitative Research - Introduction to Qualitative Research, Study Designs and Methods -

Analysis and Interpretation of Qualitative Data - Critical Appraisal of Qualitative Research

Quantitative Research- Introduction to Quantitative Research, Study Designs and Methods -

Analysis and Interpretation of Quantitative Data - Critical Appraisal of Quantitative Research

Sampling, collecting data: primary data and secondary data, data collection methods - data

harvesting, interviews, questionnaires, participant observation - Steps in the survey and data

analysis process - Choosing the Sampling Design - Developing the Questionnaire - Collection of

demographic data - Question format: structured verses unstructured -Composing open-ended and

categorical structured questions

Module 4: Research Areas in Finance

Introduction to research areas and approaches in Finance and its relevance

Behavioral finance

Market models

Event studies

Regression models

Research in accounting

Module 5: Data Analysis

Choice of appropriate data analysis method - Software Packages for quantitative and qualitative

methods and their implementation - Qualitative Data Analysis - Descriptive Quantitative Analysis

- Correlation and Regression - Advanced Statistical Analysis - Tests of Measurement and Quality

Module 6: Report Generation

Writing up a research proposal and research project


Page 45 of 87

Course Objectives:

The specific topics covered in this course include data description, statistical inference,

hypothesis testing, analysis of association and variance, an introduction to regression

analysis, and a basic understanding of computer-based statistical software.

Students will learn how statistics can help them to answer questions about the social world

and enhance their ability to think through problems.

Module 1:

Introduction, Basics, Starting SPSS, Navigating, Data Editor, SPSS Viewer, getting your data in

Opening an Excel file, manually entering data, opening an existing SPSS file, Saving your work

Module 2:

Cutting and pasting, Exporting, Describing data, Frequency distributions, Parametric vs. Non-

parametric statistics, Normality, Homogeneity of Variance,

Module 3:

Frequency Distributions and Descriptive Statistics, Graphing, Z-Scores, T-Tests, ANOVA,

Correlation and Regression, Data Analysis, Analyzing Frequencies: Chi-square, Comparing two

groups

Module 4:

T-tests, Paired T-tests, comparing two groups – Non-parametric, two independent groups: Mann-

Whitney U, Paired groups: Wilcoxon Signed Rank Test, Testing associations between continuous

variables, Correlation.

Module 5:

Parametric: Pearson correlation coefficient, Nonparametric: Spearman's rho, Getting Started with

SPSS, Describing Data I, Describing Data II

Nature Area: General Management Semester

Course Code

MBACF2LB1

Course Name:

SPSS/R Lab

Credit Distribution

L-0 P-2 T-0

CIE 100


Page 46 of 87

Module 6

A First Look at Some Sociological Data, Exploring Relationships, Regression, more on

Relationships, A First Look at Experimental Design, Central Limit Theorem, Building Confidence

in Confidence Intervals

Module 7

Concepts in Hypothesis Testing, Two Group Inference, Population Means, comparing two

Population Means, Comparing Multiple, Groups – Parametric, One-Way Analysis of Variance

(ANOVA), and Additional Topics: Post-hoc tests (Multiple comparison test)


Page 47 of 87

III Semester


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Course Objectives:

The understand the working capital financing and constituents of working capital

management

To analyze different sources of funding

To assess and evaluate financial health

Estimating financial requirements

Module 1: Introduction to Working Capital Policy (6 Hours)

Factors influencing working capital requirements. Current asset policy and current asset finance

policy. Working capital financing: Short term financing of working capital, long term financing

of working capital. Working capital leverages.

Module 2: Working Capital Estimation (6 Hours)

Determination of operating cycle and cash cycle. Estimation of working capital requirements of a

firm. Determination of level of current assets. Sources for financing working capital.

Module 3: Credit Management (6 Hours)

Receivables, Credit management through credit policy variables, marginal analysis, Credit

evaluation: Numerical credit scoring and discriminate analysis. Control of accounts receivables,

Factoring.

Module 4: Cash and Liquidity Management (6 Hours)

Forecasting cash flows– Cash budgets, long-term cash forecasting, monitoring collections and

receivables, optimal cash balances – Baumol model, Miller - Orr model & stone model. Strategies

for managing surplus fund

Module 5: Inventory Management (6 Hours)

Determinations of inventory control levels: ordering, reordering, danger level. EOQ model. Pricing

of raw material. Monitoring and control of inventories, ABC Analysis

Nature Area: Finance Semester - III

Course Code

MBACF301

Course Name:

Corporate Finance - II

Credit Distribution

L-3 P-0 T-0

CIE 50

SEE 50


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Module 6: Financial Reports (6 Hours)

Understanding the structure of financial reports and financial statements – Asset mix of the

business- asset measurement and Valuation- Financing mix of liabilities and equities. Measuring

earning and profitability. Accounting measures of risk- Analyzing real time statements

Module 7: Intangible Asset companies (6 Hours)

Financial management in intangible – intensive companies. Characteristics of intangibles,

implications for financial managements, Types and approaches to valuations of intangible assets

Module 8: Corporate financial modeling (6 Hours)

Effect of inflation on; Asset value, firm value, returns, Financial planning – Basis of financial

planning, sales forecast method, pro-forma P & L account method, pro-forma balance sheet

method, determination of External Financing Requirement (EFR).

Recommended Books:

1. Prasanna Chandra; Financial Management Theory and Practice; Tata McGraw Hill; 7th

Edition

2. M.Y. Khan & P.K. Jain – Financial Management, (TMH), 5/e, 2004

3. Ashwath Damodaran – Corporate Finance-Theory and Practice – John Wiley & Sons

4. I.M. Pandey – Financial Management (Vikas), 9/e, 2005

5. Brigham & Earnhardt, Financial Management – Theory & Practice, Thomson Learning,

10/e – 2004

6. Ross, Wester field & Jaffe, Corporate Finance– TMH – 7/e, 2005


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Course Objectives:

To Introduce students to the concept of project concept and idea formulation;

To equip the students with evaluation techniques.

To enable and enhance the understanding of students on project management and appraisal.

To enable students to take decision under project uncertainty conditions.

Module 1: Project planning (6 Hours)

Planning & Analysis Overview: Phases of capital budgeting. Resource Allocation Framework:

Key criteria for allocation of resource. Generation and screening of project ideas

Module 2: Project Analysis (6 Hours)

Market and demand analysis - Technical analysis – Environment analysis. (Environmental

appraisal of projects: types and dimensions of a project – meaning and scope of environment –

Environment – Environmental resources values – environmental impact assessment and

environmental impact statement).

Module 3: Financial estimates (10 Hours)

Financial Estimates and Projections-Estimation of cost of project and means of financing –

estimates of sales and production – cost of production – working capital requirement and its

financing – estimates of working results – breakeven points – projected cash flow statement –

projected balance sheet.

Module 4: Project cash flows (10 Hours)

Basic principles of measurement of cash flows – components of the cash flow streams – viewing

a project from different points of view – definition of cash flows by financial institutions and

planning commission – biases in cash flow estimation. Appraisal criteria: Net Present Value –

benefit cost ratio – internal rate of returns urgency – payback period – accounting rate of returns –

investment appraisal.

Nature Area: Finance Semester III

Course Code

MBACF302

Course Name:

Project Planning and Management

Credit Distribution

L-4 P-0 T-0

CIE 50

SEE 50


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Module 5: Project Risk Analysis (10 Hours)

Simple estimation of risk – sensitivity analysis – scenario analysis – Monte Carlo simulation –

decision tree analysis, decision tree and real option – option to abandon – option to continue and

option to extend – selection of project – risk analysis in practice;

Module 6: Special decision situations (10 Hours)

Choice between mutually exclusive projects of unequal life – optimal timing decision –

determination of economic life – inter-relationships between investment and financing aspects –

inflation and capital budgeting

Module 7: Projects constraints (6 Hours)

Multiple projects and constraints: Constraints – methods of ranking – mathematical programming

approach – linear programming model – integer linear programming model – goal programming

model.

Module 8: Project Implementation (6 Hours)

Project planning

MBA(Corporate Finance) SYLLABUS I to IV SEMESTER...Saddle River, New Jersey; 13th Edition....

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Transcript of MBA(Corporate Finance) SYLLABUS I to IV SEMESTER...Saddle River, New Jersey; 13th Edition....