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MMS Syllabus

MMS Syllabus

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First Year First Semester1.1. Perspective Management—5o marksCourse Content
1. Introduction to Management Science. Theory & Practice, environment of Management, Managers & Entrepreneurs . Managerial Roles & Skill , Manager’sSocial & Ethical Responsibilities.2. Planning Role. Need for planning, Types of planning, Levels of planning CorporatePlanning & Long Range Planning3. Organizing Nature, Types of organizations. Designing Organization structure,Delegation and Autonomy4. Leadership & Management - Role of Committees &, Group Decision Making inManagement, Organizational Communication. Management of Change5. Control Process &- Techniques. Use of Information Technology for Controlling
Reference Text
1. Management.- A Competency building approach -- Hollc Reiger Jackson / Slocum2. Principles of Management— Davar 3. Good to Great Jim Collins4. Stoner. Freeman & Guibert: Management (Prentice Hall India)5. ‘V’.S .P Rao & V Hari Krisna : Management Text & Cases (Excel Books).6. Heinz Weinen : Management (Tata McGraw Hill)7. Certo : Modem Management. (Prentice Hall India)
1.2. Financial Accounting 100 marksCourse Content
1. Introduction to Accounting : Concept and necessity of Accounting An Overview of Income Statement and Balance Sheet.2. Introduction and Meaning of GAAP; Concepts of Accounting: Impact of AccountingConcepts on Income Statement and Balance Sheet.3. Accounting Mechanics: Process leading to preparation of Trial Balance arid FinancialStatements; Preparation of Financial Statements with Adjustment Entries.4. Revenue Recognition and Measurement: Capital and Revenue Items: Treatment of I? &D Expenses. Preproduction Cost, Deferred Revenue Expenditure etc.5. Fixed Assets and Depreciation Accounting.6. Evaluation and Accounting or inventory7. Preparation and Complete Understanding of Corporate Financial Statements : ‘T ’Formand Vertical Form of Financial Statements8. Important Accounting Standard9. Corporate Financial Reporting Analysis of Interpretation thereof with referenceRatio Analysis. Fund Flow, Cash Flow.10. Inflation Accounting11. Ethic Issue in Accounting.
Reference text:
1. Financial Accounting. Text & Case. Daardon & Bhattacharya2 .Financial Accounting (or Managers — T P Ghosh3. Financial Accounting — Reporting & Analysis— 50cc & Diamond \4 Financial Accounting. R Narayanaswamy5. Full Text of Indian Accounting standard — Taxman Publication
1.3 Managerial EconomicsCourse Content
a) The Meaning scope & Method of Managerial Economics b) Economics Concepts relevant to Business, Demand & supply, Production, DistributionConsumption & Consumption Function, Cost, Price, Competition, Monopoly, Profit,Optimization Margin & Average, Elasticity, Macro Analysis.c) Cost & Productions Analysis, Cost Concepts, Short Term and long Term, Cost OutputRelationship, Cost Multiple Products, Economics of Scale Production Functions, Cost &Profit Forecasting, Breakeven Analysis.d) Cost & Production Analysis, Cost concepts, Short Term and Long Term, Output Relationship, Costof Multiple Products, Economies of scale production Functions. Cost & Profit Forecasting, BreakevenAnalysis.e) Market Analysis, Competition, Kinds of Competitive, Situations, Oligopoly and Monopoly, MeasuringConcentrating of Economic Power.f)Pricing Decisions, Polities & Practices, Pricing & Output Decisions under Perfect &Imperfect Competition, Oligopoly & Monopoly, Pricing Methods, Product-line Pricing, Specific PricingProblem, Price Dissemination, Price Forecasting.g) Profit Management Role of Profit in the Economy, Nature & Measurement of Profit, ProfitPolicies on Profit, Maximization , Profit & Control, Profit Planning & Control.h)Capital Budgeting , Demand for Capital, Supply of Capital, Capital Rationing, Cost of Capital,Appraising of Profitability of a Project, Risk & Uncertainty, Economics & Probability Analysis.i) Macro Economics and Business. Business Cycle & Business Policies. Economic Indication. Forecastingfor Business, Input-Output Analysis.
Reference Text
1. Managerial Economics Joel Dean2. Managerial economics : Concepts & Cases Mote, Paul & Gupta3. Fundamentals of managerial Economics James Pappas & Mark Hershey4. Managerial Economics- Milton Spencer & Louis Sigleman.5. Economics - Samuelson

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