UNDERGRADUATE PROGRAM

Turning Passion to Purpose

The program in Finance provides the  students an opportunity  to pursue their academic interests in the subject of Finance. The program  exposes students to multiple and critical areas in the Major of Finance  right from the basics of financial accounting and management accounting  to advanced areas such as Derivatives and Global finance. Besides this students are also provided an opportunity to understand and apply concepts in important verticles such as Insurance and Banking.

In this program the students are exposed to a wide range of core courses through which they achieve a holistic learning of Business administration while focusing on an in-depth study Finance through the major.  Throughout the program a strategic application perspective has been incorporated and emphasized so as to provide the students with both a conceptual foundation along with an exposure to real life business scenarios.  

This program provides students a unique opportunity to study the interrelated  subjects of   Finance and Business Management. It also enables them to develop relevant competencies and skill sets  which are critical  to the smooth performance of any management function and would enhance their employability.

The courses focus on refining the student's critical abilities by providing training in synthesis, critical analysis and  exposure to the basic courses in Business Management. The introductory courses are geared towards study of economics, accounting principles, and improving skills in the areas of  quantitative analysis, accounting, business communication and Organisational Behavior.  The courses include a course in Financial management aimed at developing the basic competencies in the area of corporate finance.
The next set of core  courses train students in various functional areas of Business management covering Marketing Management, Operations management, Human resource Management  and Management Information system supplemented by a study of Business laws and Business research methods. Along with electives in business management, students are also exposed to courses that delve into advanced concepts in corporate finance namely analysis of financial statements and a study of financial markets and institutions.

Along with advanced courses in Finance,  Capstone courses in Business Management like, corporate governance, Ethics, Business Strategy are also offered to develop a holistic and an integrated view of business, its ethical aspects and its effective governance. Along with electives in Business management,  a project in the area of finance domain is also incorporated to provide the students with exposure to real life applications in the domain and an overall understanding of the work environment.

Program Aims

This program intends to:

  • Provide a thorough learning in multiple areas of knowledge through the core courses in the area of Business Management, History and Management Information system
  • Enable the students to develop skill sets primarily communication and other soft skills relevant to the area of Business management.
  • Equip the students with the analytical frameworks so as to enable them to understand and perform an analysis of the financial statements and the economic environment.
  • Enable students to assess the Business environment in a global context and understand the financial issues influencing business decisions globally.
  • Equip the students with subject matter expertise in the domain of corporate finance and Investment Management.
  • Enable the students to develop  functional expertise in the key verticals of Insurance and Banking.
  • Enable the students  to asses the nuances of the stock market  and perform a fundamental and technical analysis with respect to shares and securities.
  • Inculcate in students the capacity to apply basic models of asset valuation.
  • Enable students to demonstrate analytical skills by applying empirical methods through an independant project in the area of domain.
  • Provide an opportunity to students to pursue further studies in any relevant area of Business Management (Including but not limited to Finance).

18 MAJOR COURSES

1. Principles of Management 7. Business Research Methods 13. Strategic Management
2. Quantitative Methods 8. Financial Management 14. Financial Markets and Institutions
3. Managerial Economics 9. Operations Management 15. Financial Statement Analysis
4. Marketing Management 10. Entrepreneurship and Creativity 16. Taxation
5. People Management 11. Legal Aspects of Business 17. Banking and Insurance
6. Accounting for Managers 12. Business Ethics & Corporate Governance 18.Investing

1. Principles of Management

This course provides an overview of the key domains of the field of management. It enables them to develop a holistic understanding of the functions involved in developing and managing organizations and prepares them for deeper exploration of the management domain in future.

2. Quantitative Methods

Modern management is increasingly adopting quantitative methods in making strategic decisions. Though the uncertainty in business environment is increasing, the available data for making decision is also increasing at an extremely high rate. Managers are required to collect, analyze and interpret mathematical output for making decisions. The course has been designed to develop familiarity with application of statistical methods in managerial problem solving and decision-making.

3. Managerial Economics

This course provides a solid foundation of economic understanding for use in managerial decision-making. The course provides students with a broad overview of both micro and macroeconomics and thus equips them with the knowledge, tools and techniques to make effective economic decisions under different business environments.

4. Marketing Management

This course provides a conceptual framework to the students to understand the function of marketing in an organization. The course makes them vigilant of the marketing happenings in the real world. It also helps students to apply the marketing concepts and theories to solve case studies and projects. In conclusion, the course builds a foundation of marketing function in an organization.

5. People Management

This course is an introduction to organizational behaviour and human resource management for undergraduates. It discusses behaviour in organizations at individual, group and organizational levels and the practices and tools for managing human resources effectively. It enables students to understand the underlying aspects that drive behaviour in organizations and what tools and practices can be employed to direct individual actions towards organizational objectives.

6. Accounting for Managers

Financial accounting provides the means of recording and reporting financial information in a business. Accounting plays a vital role as an information system for monitoring, problem solving and decision-making. This course provides the fundamentals of Financial Accounting and goes on to demonstrate how accounting fits into the overall business environment of an organization. In addition to this, Management Accounting systems, which have a strong internal focus can be effective tools in providing information that is useful in decision making at all levels in the organization. Management accountants play a strategic role in developing and providing both financial and non-financial information that is critical to the success of an organization.

7. Business Research Methods

The objective of the course is to enable students to understand the role and importance of research in improving managerial decisions when faced with uncertainty. Statistical methods are applied in all functional areas of business: accounting, finance, management, and marketing. The issue facing managers is not a shortage of information but how to use the available information to make better decisions. Statistical thinking includes the recognition that data are inherently variable and that the identification measurement, control, and reduction of variation provide opportunities for quality improvement.

8. Financial Management

This course in Financial Management provides a detailed understanding of the Finance Function and its interrelationship with other areas of Business. It seeks to develop the foundation for financial management concepts. It primarily helps the student to understand how businesses make investment, Financing, working capital management and dividend decisions and what are the key factors that influence these decisions

9. Operations Management

The aim of this course is to inculcate key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function. This course also helps students understand and appreciate the role of operations in the firm’s overall strategy and its interdependence with the other firm functions, learn the key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function in manufacturing and services firms and develop analytical and problem solving skills specific to operations area.

10. Entrepreneurship and Creativity

The 21st century has dawned with entrepreneurship as major force shaping the global economy. In today’s knowledge economy India is emerging as an ‘Entrepreneurial nation on a global map. At the heart of this entrepreneurial manifestation is the entrepreneurial mind set. Those who possess the spirit of enterprise have led, and will continue to lead, the economic revolution that has proved repeatedly to raise the standard of living for people everywhere. This course is broadly designed to help you join this revolution to bring about lasting, positive changes in your community, organization and around the world.
This interdisciplinary and integrated course thus tries to address two sets of students.
i) Those desirous of building entrepreneurial attitudes and behaviors which can be applied across careers and work setting leading to creative & innovative solutions within community and organizational environment;
ii) Those having immediate entrepreneurial aspirations or considering being involved in starting an entrepreneurial venture at some point of his or her career.  

11. Legal Aspects of Business

This course provides conceptual understanding and interpretation of business & economic legislations governing corporate environment and individual and corporate taxation. It aims to provide conceptual understanding and interpretation of business & economic legislations governing corporate environment and taxation for individual and corporate , appraise legal framework in India, provide an overview of important laws that have a bearing on the conduct of business in India, examine the various legal forms that a business entity can take and the relative advantages and disadvantages of each of these forms and understand various modes of dispute resolution in business transactions.

12. Business Ethics & Corporate Governance

The course is designed to develop a clear perspective on role of business and responsibility in society among students. It introduces student to ethical issues and dilemmas regarding what is right or wrong every day of working life. Understanding the responsibility of corporate boards and control mechanisms is essential to ensure prevention of irregular practices.

13. Strategic Management

The overall purpose of this course is to equip students of business management with the core concepts, frameworks and techniques of strategic management that will allow them to make better decisions both for their prospective companies and themselves. Strategic management is all about managing to achieve outstanding success; and the essential tasks of strategy are to identify the sources of superior business performance and implement a strategy that exploits these sources of superior performance. This course reaffirms the relationship between strategic planning, formulation and implementation. The practical and interwoven theoretical nature of class deliberations will cull out the deeper understanding of strategy in business. This course enable a student to build business decisions based on careful analysis of resources, capabilities, competition and environment.

14. Financial Markets and Institutions

The course will try to take a comprehensive view of the financial markets and financial Institutions in India, their functioning, and regulatory systems that are in place to ensure smooth running and management of these markets. This course will familiarize the learner with various participants in Financial Markets including Financial Intermediaries and also to some extent various types of financial instruments available for investment, speculation and arbitrage.

15. Financial Statement Analysis

The course aims at providing a systematic framework for using financial statements in Business analysis. It focuses on understanding the uses and the limitations of financial statements, issues relating to adherence with accounting standards and interpretations of accounting standards with respect to their purpose and the disclosure requirements. Skill development of the student shall be ensured by providing them practical exposure through use of appropriate pedagogy including cases.

16. Taxation

This course provides an introduction to, and overview of, fundamental concepts of direct and indirect income tax laws in India. It aims to acquaint students with provisions of Income tax Act with special focus on different heads of income, familiarize them with corporate tax and its provisions, and understand the provisions of tax planning in relation to setting up of new business employee remuneration and business restructuring. It also helps them understand the provisions of TDS and TCS and learn about the different forms used for filing returns with Tax Authorities and Rules for advance payment of taxes and interest payable and Refund, understand in detail the provisions of tax computation for Corporates including tax rebates, tax credits, MAT, Setoff and carry forward rules, the provisions of Transfer pricing norms, direct tax laws relating to Appeals and Revisions, the existing indirect tax laws of Goods and Service Tax and Customs and the introduction to GST provisions.

17. Banking and Insurance

This course aims to introduce the evolution of universal banks, the financial sector reforms in the Indian Context. Also helps students study the functioning of banks and the employment of funds and introduces the principle of insurance, regulations and types of products.

18. Investing

To be added soon

14 MINOR COURSES

1. Principles of Management

6. Accounting for Managers

11. Investing

2. Quantitative Methods

7. Financial Management

12. Financial Markets and Institutions

3. Managerial Economics

8. Operations Management

13. Financial Statement Analysis

4. Marketing Management

9. Entrepreneurship and Creativity

14. Taxation

5. People Management

10. Banking and Insurance

 

1. Principles of Management

This course provides an overview of the key domains of the field of management. It enables them to develop a holistic understanding of the functions involved in developing and managing organizations and prepares them for deeper exploration of the management domain in future.

2. Quantitative Methods

Modern management is increasingly adopting quantitative methods in making strategic decisions. Though the uncertainty in business environment is increasing, the available data for making decision is also increasing at an extremely high rate. Managers are required to collect, analyze and interpret mathematical output for making decisions. The course has been designed to develop familiarity with application of statistical methods in managerial problem solving and decision-making.

3. Managerial Economics

This course provides a solid foundation of economic understanding for use in managerial decision-making. The course provides students with a broad overview of both micro and macroeconomics and thus equips them with the knowledge, tools and techniques to make effective economic decisions under different business environments.

4. Marketing Management

This course provides a conceptual framework to the students to understand the function of marketing in an organization. The course makes them vigilant of the marketing happenings in the real world. It also helps students to apply the marketing concepts and theories to solve case studies and projects. In conclusion, the course builds a foundation of marketing function in an organization.

5. People Management

This course is an introduction to organizational behaviour and human resource management for undergraduates. It discusses behaviour in organizations at individual, group and organizational levels and the practices and tools for managing human resources effectively. It enables students to understand the underlying aspects that drive behaviour in organizations and what tools and practices can be employed to direct individual actions towards organizational objectives.

6. Accounting for Managers

Financial accounting provides the means of recording and reporting financial information in a business. Accounting plays a vital role as an information system for monitoring, problem solving and decision-making. This course provides the fundamentals of Financial Accounting and goes on to demonstrate how accounting fits into the overall business environment of an organization. In addition to this, Management Accounting systems, which have a strong internal focus can be effective tools in providing information that is useful in decision making at all levels in the organization. Management accountants play a strategic role in developing and providing both financial and non-financial information that is critical to the success of an organization.

7. Financial Management

This course in Financial Management provides a detailed understanding of the Finance Function and its interrelationship with other areas of Business. It seeks to develop the foundation for financial management concepts. It primarily helps the student to understand how businesses make investment, Financing, working capital management and dividend decisions and what are the key factors that influence these decisions

8. Operations Management

The aim of this course is to inculcate key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function. This course also helps students understand and appreciate the role of operations in the firm’s overall strategy and its interdependence with the other firm functions, learn the key concepts, basic issues, capabilities, limitations, and tools/technologies related to the operations function in manufacturing and services firms and develop analytical and problem solving skills specific to operations area.

9. Entrepreneurship and Creativity

The 21st century has dawned with entrepreneurship as major force shaping the global economy. In today’s knowledge economy India is emerging as an ‘Entrepreneurial nation on a global map. At the heart of this entrepreneurial manifestation is the entrepreneurial mind set. Those who possess the spirit of enterprise have led, and will continue to lead, the economic revolution that has proved repeatedly to raise the standard of living for people everywhere. This course is broadly designed to help you join this revolution to bring about lasting, positive changes in your community, organization and around the world.
This interdisciplinary and integrated course thus tries to address two sets of students.
i) Those desirous of building entrepreneurial attitudes and behaviors which can be applied across careers and work setting leading to creative & innovative solutions within community and organizational environment;
ii) Those having immediate entrepreneurial aspirations or considering being involved in starting an entrepreneurial venture at some point of his or her career.  

10. Banking and Insurance

This course aims to introduce the evolution of universal banks, the financial sector reforms in the Indian Context. Also helps students study the functioning of banks and the employment of funds and introduces the principle of insurance, regulations and types of products.

11. Investing

To be added soon

12. Financial Markets and Institutions

The course will try to take a comprehensive view of the financial markets and financial Institutions in India, their functioning, and regulatory systems that are in place to ensure smooth running and management of these markets. This course will familiarize the learner with various participants in Financial Markets including Financial Intermediaries and also to some extent various types of financial instruments available for investment, speculation and arbitrage.

13. Financial Statement Analysis

The course aims at providing a systematic framework for using financial statements in Business analysis. It focuses on understanding the uses and the limitations of financial statements, issues relating to adherence with accounting standards and interpretations of accounting standards with respect to their purpose and the disclosure requirements. Skill development of the student shall be ensured by providing them practical exposure through use of appropriate pedagogy including cases.

14. Taxation

This course provides an introduction to, and overview of, fundamental concepts of direct and indirect income tax laws in India. It aims to acquaint students with provisions of Income tax Act with special focus on different heads of income, familiarize them with corporate tax and its provisions, and understand the provisions of tax planning in relation to setting up of new business employee remuneration and business restructuring. It also helps them understand the provisions of TDS and TCS and learn about the different forms used for filing returns with Tax Authorities and Rules for advance payment of taxes and interest payable and Refund, understand in detail the provisions of tax computation for Corporates including tax rebates, tax credits, MAT, Setoff and carry forward rules, the provisions of Transfer pricing norms, direct tax laws relating to Appeals and Revisions, the existing indirect tax laws of Goods and Service Tax and Customs and the introduction to GST provisions.