13 MAJOR COURSES
|1. Principles of Management||6. People Management||10. Entrepreneurship and Creativity|
|2. Quantitative Methods||7. Business Research Methods||11. Legal Aspects of Business|
|3. Managerial Economics||8. Financial Management||12. Strategic Management|
|4. Accounting for Managers||9. Operations Management||13. Business Ethics and Corporate Governance|
|5. Marketing Management|
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. 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.
5. 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.
6. 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.
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. 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.
13. Business Ethics and 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.