Course
Course
SEMESTER IV MBA FINANCE 4.1. Strategic Management : Indian Global Context - Shiji
4.2. 4.3. 4.4. 4.5. Strategic Cost Management RN Derivatives Management - RN Project Management - SS Working Capital Management - SS
SEMESTER IV MBA HUMAN RESOURCE MANAGEMENT 4.1. Strategic Management : Indian Global Context - Shiji
4.2. 4.3. 4.4. 4.5. Organizational Development - SN Human Resource Development - SN Employee Relations and Welfare Measures - AI Strategic Human Resource Management - MG
4.1. STRATEGIC MANAGEMENT : INDIAN AND GLOBAL CONTEXT Objectives : Students are expected to integrate their knowledge gained in various functional areas to make business decisions, from the general manager's point of view in the global and Indian context. Teaching and Examination: Students are expected to keep abreast of the contemporary business practices by reading the business practices by reading the business magazines and management journals. Case studies, application project Seminars and group exercises will supplement the class lectures. Unit I Corporate Strategic Planning - Mission - Vision of the firm - Development, maintenance and the role of leader - Hierarchal levels of planning - Strategic planning process. Strategic management Practice in India. Competitive advantage of Nations and its implication on Indian Business. Unit II : Environment Analysis & Internal Analysis of Firm: General environment scanning, competitive & environment analysis - to identify opportunities & threat - Assessing internal environment through functional approach and value chain - identifying critical success factors - to identify the strength & weakness SWOT audit - core competence - Stockholders' expectations, Scenario-planning industry analysis. Unit III : Strategy Formulation Generic strategies - Grand strategies - Strategies of leading Indian companies - The role of diversification - limits - means and forms. Strategic management for small organizations, non-profit organizations and large multi product and multiple market organizations. Unit IV : Tools of Strategy : Planning and evaluation : Competitive cost dynamics - experience curve - BCG approach - cash flow implication IA-BS matrix - A.D.Littles Life-cycle approach to strategic planning - Business portfolio balancing - Assessment of economic contribution of strategy - Strategic funds programming. Unit IV : Strategy implication & Control : Various approaches to implementation of strategy - Matching organisation structure with strategy - 7S model - Strategic control process - Du Pont's control model and other Quantitative and Qualitative tools - Balanced score card - M.Porter's approach for Globalisation - Future of Strategic Management. References :
1. 2. 3. 4. Pearce & Robinson, Strategic Management, All Indian Travellors N D. A.C.Hax and NS, Strategic Management: An Integrative Perspective, Majifu, Prentice Hall. Michael Porter, Competitive strategies. John A Pearce II and Richard B Robinson, Strategic Management: Formulation, Implementation and Control, 9th Edition, TMH, 2007 5. Michael Porter, Competitive Advantage of Nations. 6. Samul C. Certo and J.Paul Peter, Strategic Management, Second Edn. Concepts & Application, McGraw Hill. 7. Gregory G.Dess and Alex Miller, Strategic Management, McGraw Hill. 8. Gerry Johnson & Kevan scholes, Exploring Corporate Strategy: Text & Cases, Prentice Hall India. 9. Jauch.L., Rajive Gupta & William.F.Glueck, Business Policy and Strategic Management, Frank Bros&Co., 2003. 10. Fred R.David, Strategic Management Concepts & Cases, Pearson, 2003. 11. R.Srinivasan, Strategic Management, II edition, Prentice Hall of India, New Delhi.
SEMESTER IV MBA
(FINANCE)
4.2. STRATEGIC COST MANAGEMENT Unit I : Costing - Purpose - Utility, Elements of Cost - Cost Sheet - Problems. Designing Cost Systems for Job and Process oriented manufacturing environments. Cost Reduction and Productivity : Cost Reduction value Analysis - Productivity - Value added concepts Learning curves - quality circles. Unit II : Total Cost Management - Managing Process Cost - Managing Production Costs Managing Delivery Costs - Managing Structural Cost. Target Costing - cost as a source of competitive advantage - Life cycle costing. Unit III : Activity Based Costing - Drawbacks of conventional costing - Methodology of ABC Merits, Demerits, suitability of ABC - Implementation of ABC. Management Control Systems - evaluating Management Control Systems - Engineered, discretionary and committed costs - responsibility centers - Evaluation of the performance of different responsibility centers - Problems. Unit IV: Linear Programming and Regression Analysis - Implications of Linear Programming for cost accountants - Guidelines for Regression Analysis - Applications of Regression Analysis in Cost functions. Unit V: Strategic Control systems - Quality, time and cost as competitive weapons. Decentralization and Transfer Pricing - Organization structure and decentralization Choices about responsibility centers - Market based and cost based transfer prices - Multi national transfer pricing. References: 1. Strategic Cost Management - Vijay Govindarajan 2. Management Accounting Antony 3. Management Accounting: Text, Problem and Cases Khan and Jain, 4th Edition, TMH, 2007 4. Management Accounting - Batty 5. Cost Accounting - Horngern
4.3. DERIVATIVES MANAGEMENT Unit 1: Introduction Derivatives Definition Types Forward Contracts Futures Contracts Options Swaps Differences between Cash and Future Markets Types of Traders OTC and Exchange Traded Securities Types of Settlement Uses and Advantages of Derivatives Risks in Derivatives Unit II: Futures Contract Specifications of Futures Contract - Margin Requirements Marking to Market Hedging using Futures Types of Futures Contracts Securities, Stock Index Futures, Currencies and Commodities Delivery Options Relationship between Future Prices, Forward Prices and Future Spot Prices. Unit III: Options Definition Exchange Traded Options, OTC Options Specifications of Options Call and put Options American and European Options Intrinsic Value and Time Value of Options Option payoff options on Securities, Stock Indices, Currencies and Futures Options pricing models Differences between future and Option contracts. Unit IV: Swaps Definition of SWAP Interest Rate SWAP Currency SWAP Role of Financial Intermediary Warehousing Valuation of Interest rate SWAPs and Currency SWAPs Bonds and FRNs Credit Risk. Unit V: Derivatives In India Evolution of Derivatives Market in India Regulations - Framework Exchange Trading in Derivatives Commodity Futures Contract Terminology and Specifications for Stock Options and Index Options in NSE Contract Terminology and specifications for stock futures and Index futures in NSE Contract Terminology and Specifications for Interest Rate Derivatives. Text Books: 1. John.C.Hull, 'Options, Futures and other Derivative Securities', Prentice Hall India Pvt., Ltd., 2. Keith Redhead, 'Financial Derivatives An Introduction to Futures, Forwards, Options and SWAPs', Prentice Hall India Pvt., Ltd., 3. P.Vijaya Bhaskar and B.Mahapatra, 'Derivatives simplified An Introduction to Risk Management', Response Books, Sage Publication Pvt., Ltd 4. David Dubofsky 'Option and Financial Futures Valuation and Uses' McGraw Hill International Edition.
4.4. PROJECT MANAGEMENT Unit I Project planning: capital expenditure significance phases resource allocation frame work generation and screening of project ideas Unit II Project Analysis Market and Demand analysis Technical Analysis Financial Analysis Unit III Analysis of project risk Social cost benefit analysis Project implementation project planning and control Unit IV Net work Techniques for project Management PERT and CPM Unit V Project review performance evaluation abandonment analysis- Behavioural issues Evaluating the capital budgeting system
BOOKS : 1. Prassana Chandra, Projects, planning, Analysis, Selection, Fifth edition, Tata McGraw Hill 2. Choudhury, Project Management , Tata Mc Graw Hill 3. Joy, Total Project Management, Macmillan
4.5. WORKING CAPITAL MANAGEMENT UNIT I Working capital concepts components of current assets and current liabilities working capital policies factors determining working capital requirements forecasting the working capital requirements operating cycle time analysis UNIT II Cash management rationale for cash cash budgeting methods of collecting cash establishing minimum cash balance cash management models strategies for managing marketable securities receivables management credit terms credit analysis studying the impact of credit policy changes monitoring receivables management UNIT III Inventory management types of inventory inventory cost determining inventory levels overview of an inventory management system management of trade credit cost of open account trade credit managing other payables and accruals cost of trade credit involving discounts. UNIT IV Control of working capital ratios used in control in working capital use of fund flow analysis and cash flow analysis in working capital control UNIT V Working capital financing different approaches bills discounting Commercial paper inter corporate deposits certificate of deposit factoring BOOKS REFERENCE: 1. Working capital, lisle R Howard, Madonalds Evans Ltd, 1971 2. Working capital management, D.R, Metha, Englewood Cliffs N J, Prentice Hall incur, 1974 3. Guide to Working Capital Management, Keith V Smith, Mc Graw Hill book Co, New Delhi, 1979 4. Books on Financial Management.
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SEMESTER IV MBA
(MARKETING MANAGEMENT)
Reference: 1. Kevin Lane Keller, Strategic Brand Management, PHI/Pearson, New Delhi. 2. Kapferer, Strategic Brand Management, Kogan Page, New Delhi. 3. Harsh Varma, Brand Management, Excell Books, New Delhi. 4. Majumdar, Product Management in India, PHI. 5. Sengupta, Brand Positioning, Tata McGraw Hill. 6. Rameshkumar, Managing Indian Brands, Vikas. 7. Chandrasekar, Product Management, Himalaya.
References : 1. Krishnamacharyalu & Lalitha, Rural Marketing, Pearson Education, 2002. 2. Ramkishen, New Perspectives on Rural Marketing, Jaico Books, 2002. 3. Gopalaswamy, Rural Marketing, Wheeler Publishing.
References : 1. Services Marketing - S.M.Jha - Himalaya Publishing Company 1998, Mumbai. 2. Services Marketing - Indian experiences - Ravishankar - South Asia Publication 1998, Delhi. 3. Services Marketing: Integrating Customer Focus across the Firm Valarie A Zeitnamd and Mary Jo Bitmer, 3rd Edition, TMH, 2003. 4. Services Marketing - Text & Readings - P.K. Sinha & S.C.Sahoo - Himalaya, Mumbai. 5. Essence of Services Marketing - Adrian Pyne - Prentice Hall of India, New Delhi. 6. Services Marketing - Lovelock - Prentice Hall 7. Services Marketing - Jeithaml - I.S.E. 8. Services Marketing - Gousalves - Prentice Hall 9. Services Marketing - Principles & Practice - Palmer, Prentice Hall. 10. Services Marketing - Woodruffe - McMillan. 11. Ravi Shankar, Services Marketing, Excel, 2000.
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SEMESTER IV MBA
(HUMAN RESOURCE MANAGEMENT)
Text Books:
1. Wendell L French and Cecil Bell, Jr, Organisational Development, PHI, 9th Edition, 2007. 2. Thomas G Cummings and Christopher G Wory, Organisational Development and Change, 7th edition, South Western, 2001.
Text Books:
1. David Meggisam, Panl Banfield, Jennifer Joy Mathews, Human Resource Development, Crest publishing House 6th edition, 2001 2. T.V. Rao & K.K.Varma, Khandelwas, Abraham Alternative approaches & Strategies of Human Resource Development Rawat Publication, 4th edition, 2002. 3 T.V. Rao HRD audit, Sage publication, 4th edition, 1999 4 P.C.Tripathi Human Resource Development, Sultan Chand Publication, 19th edition 2005.
Textbooks:
1. B.D. Singh Industrial Relations Emerging Paradigms, Excel books, 1st edition 2004 2. C.B.Memoria & S.V. Gankar, Dynamics of Industrial Relations, Himalaya Publishing House, 22nd edition, 2002. 3. Prof.S.C.Srivastava, Industrial Relations & Labour Welfare, Waily Publications, 4th edition, 2003.
Textbooks:
1. Michael Armstrong, Strategic Human Resource Management, Koga Paye, 2nd edition, 2000. 2. Srinivas. R. Kandula, Strategic Human Resource Development PHI, 2002
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