Business Administration

I. Management

Defining Organization, Management, and Management in Organizations
Four Management Functions, Management Roles, Management Skills
Organizational Internal-External Environment
Management Planning, Goal Setting, and Decision Making
Strategic Management Process: Strategy Formulation and Implementation
Developing Organizational Structure and Design
Designing Adaptive Organizations
Managing Change and Innovation
Leadership and Motivation

II. HR Management

Role of Human Resource Management in Organizational Performance
Functions of HRM
Process and Methods of Job Analysis
Planning and Forecasting Personnel Needs
Recruitment and Selection
Training and Development
Performance Management and Appraisal: Methods and Processes
Establishing Strategic Pay Plans
Compensation and Benefits
Ethics, Justice, and Fair Treatment in HR Management
Labor Relations and Collective Bargaining

III. Financial Management

An overview of Financial Management

Introduction and significance of financial markets, Differentiation between real assets
and financial assets, Types of Financial Markets, Role of capital and money markets in
economic development, Organizational goals and shareholder wealth maximization perspective

Time Value of Money

Cost of money and the factors effecting the cost, Interest rate fundamentals and determinants of market interest rate, Role of Time value of money in finance, Concept of future value and present value, Making timelines, Annuities, Perpetuities and mixed stream of cash flows, with and without growth, Present value and future value of cash flow streams, Compounding Interest; discrete and continuous, Loan amortization

Analysis and Interpretation of Financial Statements

Reading the financial statements, Horizontal and vertical analysis including common size, ratio, comparative and index number trend analysis, Forecasting financials for future decision making, Evaluating credit, management, profitability, risk etc using financial statements

Risk, Return and Introduction to Pricing

Measures of Risks and return, Investment return and expected rate of return, Standalone risk: standard deviation and coefficient of variation, Risk aversion and required rate of return, Portfolio risk: Diversifiable vs. Market risk, Security Market Line and CAPM, Calculating WACC, Discounting process for price determination, Relevant risk and return for valuation

Cash flow and Budgeting

Significance of budgeting, Making cash budgets, Making financial forecasts, Difference between profit and cash flow, Read and analyze Statement of Cash flow.

Capital Budgeting

Significance of Capital budgeting, Cash flow calculations: incremental cash flows, Capital budgeting decision rules: NPV, IRR, MIRR, Return, Finding optimal capital structure, calculating appropriate discount rate, Capital Rationing

IV. Operations and Supply Chain Management

a. Operations Management

Operations & Productivity

Operations Management (OM) as one of the Three Core Functions in an
Organization. Significance and contributions of OM in the field of management.
Future trends in OM and differences between goods and services.

Operations Strategy in Global Environment

Developing mission & OM strategies, Critical Success Factors (CSF), Aligning Core Competencies with CSF

Process Strategy

Four Process Strategies, Process Analysis and Design, Process Mapping, Flow
Diagrams, Process Charts, Service process design, Process Re-engineering

Capacity Planning

Design & Effective Capacity, Capacity Cushion, Capacity considerations, Managing demand, Capacity Planning, Leading vs Lagging Strategies, Single & Multiple Product Break Even Analysis for Capacity Planning

Location Strategies

Factors Affecting Location Decisions, Methods for Evaluating Location Alternatives, Factor Rating Method, Load-Distance Methods, Center of Gravity Method, Service location Strategy

Layout Strategies

Types of Layout, Layout Design, Fixed Position Layout, Process- Oriented Layouts, Office Layout, Retail Layout, Assembly Line Balancing

Inventory Management

Role of Inventory in Operations, ABC analysis, Record accuracy, Cycle counting, Inventory Models, Fixed Period Systems, Continuous Review Systems, Basic EOQ Inventory Model, Safety Stock, Service Level

b. Supply Chain Management

Introduction to supply chain management and logistics management
What is supply chain management and logistics management, Objectives,
Importance, Examples of supply chain management and logistics management, Decision phases in supply chains

Supply chain performance

Achieving strategic fit, Challenges in achieving strategic fit, Supply chain cost, Supply chain quality, Supply chain lead time

Supply chain drivers

Facilities as a driver, Inventory as a driver, Information as a driver, Transportation as a driver, Sourcing as a driver, Pricing as a driver

Balancing supply and demand

Bullwhip effect, Demand collaboration, Information sharing in supply chains, accurate response strategy

Supply chain coordination

Obstacles in coordination, Vendor managed inventory, Collaborative planning forecasting and replenishment, Managerial levers to achieve coordination

IT in supply chain management

Role of IT in supply chain management, Customer relationship management, Supplier relationship management, Risk management in IT, Supply chain IT in practice

V. Marketing

Introduction to marketing
Developing marketing strategies and plans
Scanning the marketing environment
Analyzing consumer markets
Market segmentation
Managing marketing information
Branding
Product life cycle
Pricing
Managing distribution channels
Integrated marketing communications

SUGGESTED READINGS

NOTitleAuthor
1. Management Richard L. Daft,
2. Management Stephen P. Robbins,
Mary Coulter, and Neharika Vohara
3. The Practice of Management Peter F. Drucker
4. Human Resource Management Gary Dessler and Biju
Varkkey
5. Human Resource Management Noe, Hollenbeck,
Gerhart, Wright.
6. Human Resource Management David A. DeCenzo &
Stephen P. Robbins
7. Human Resource Management Derek Torrington &
Laura Hall
8. Essentials of Corporate Finance Ross, Westerfield and
Jordan
9. Principles of Finance Besley and Brigham
10. Financial statement Analysis George Foster
11. Principles of Managerial Finance Gitman and Zitter
12. Fundamentals of Corporate Finance Brealey, Myers and
Marcus
13. Advanced Corporate Finance Ogden, Jen and O’
Conner
14. Operations Management for Competitive
Advantage, 2006
Chase, Richard B.,
Aquilano, Nicholas J.,
and Jacobs, F. Roberts
15. Principles of Operations Management 2005 Raturi, Amitabh S.,
Evans, James R
16. Operations Management 2008 Heizer, Jay and
Render,
Barry,
17. Supply Chain Management: Strategy,
Planning, and Operations
Sunil Chopra, Peter
Meindl, and D.V.
Kalra,
18. Supply Chain Management: From Vision to
Implementation
Stanley E. Fawcett, Lisa M.
Ellram, and Jeffrey A.
Ogden
19. Business Logistics & Supply chain
management
Ronald H. Ballou
20. Principles of Marketing Kotler, Armstrong,
Agnihotri and
Haque
21. Basic Marketing Perreault and
McCarthy
22. Marketing a Practical Approach Peter Rix