MMS First Year - Second Semester

List of Subjects : Compulsory Subjects 2.1. Legal & Tax Aspects of Business 100 Marks 2.2. Cost & Management Accounting 100 Marks 2.3. Economic Environment of Business 50 Marks 2.4. Operations Research 100 Marks 2.5 Human Resources Management 100 Marks 2.6. Research Methodology & Fundamentals of MR. 100 Marks 2.7 Management Information System 50 Marks 2.8. Financial Management 100 Marks 2.9. Marketing Applications & Practices 100 Marks Electives 2.10 Decision Science 100 Marks 2.11 Managerial Process Skills —100 marks 2. l2 Analysis of financial statements 100 Marks

2.1. Legal & Tax Aspects of Business 100 Marks Course Content 1. Indian Contract Act 2. Indian Sale of Goods act. 3. Salient Features of Companies Act: a. Characteristics of a company b. Formation of a company c. Types of companies — private, public. Government etc. d. Management of company — Directors, Meeting. Accounts & Audits. 4. Restrictive & Unfair Trade Practices. 5. Salient Features of Negotiable Instruments Act a. Bill of exchange, cheque, promissory note,

Selected definitions relevant to computation of Total Income c. Residential status d.2. Preparation of cost sheet 3. Responsibility Accounting —cost centers . Master Budgets— Flexible Budgeting—Zero based Budgeting — Responsibility & Performance Budgeting. Cash Budgets. operate v/s shut down. Cost accounting & Management Accounting 5. margin of safety b) Applications of Break even analysis to export pricing profit planning. Scope and charge of income tax b. pro it centers & investment conters Transfer pricing. S. Indian Taxes — V. Singhania 5. Business Law — Buichandani 3.K.S. D. Kapoor: Students guide to Company Law (Taxmann) 6. Negotiation & Endorsement c. Mercantile Law (Excel Rooks) 7. T P Ghosh : Financial Accounting for managers(Taxmann). Terminology of cost — Cost classification by elements. 6. 7. Cost & Management Accounting 100 Marks Course Content 1.Datey 6. & Capital Gains e. A. Income& Deductions from Gross total income 7. Budgetary Control — Functional Budgets. CENCAT credit 8. Kapoor 2. services costing 4. Income Tax — Dr. 2. Make v/s buy. K. process costing. Salient features of Maharashtra value added Tax Act 9. Heads of income & computation thereof with special reference to Business Income. S K Tuteja: Business Law for Managers (Sultan Chand) 2. Salient Feature of Central Excise Act—including assessable value. . Elements 01 Income Tax: a. Gulshan. Cost Accounting for Managerial Emphasis — Herngreen 3. Marginal costing (Break — even analysis) a) computation of break even point. Management Accounting for profit control — Keller & Ferrara 2. Use of responsibility accounting in performance evaluation Reference Text: 1. S. variability. Business Law — N. Salient features of Central Sales Tax Act Reference Text : 1. cash flow etc. Distinction & relationship among Financial Accounting.b. Majumdar & G. Exemptions from Total. Methods of costing — with special reference to job costing. Dishonour of Instruments including noting and protest 6. Company Law — Aviar Singi 4.

PART IV: India & the World 1. Business Environment— Aswathappa. Genesis. Application Potential to Diverse problems in Business & Industry. Himalaya Publishing House. 2.3. Introduction to OR Concepts. Business Environment. HPH 4.The Indian Labor Market & Levels of Unemployment & Inflation since 1990 PART III : Federal Budget Objective is to expose the students to the various components of the national budget and how these impact on the business world.Balanced /Unbalanced . Assignment Problem (AP) .4. 2.Concepts.Maximization / Minimization Case . Operations Research 100 Marks Course Content 1. Economic Environment of Business. An Introduction to the Economics of Growth & Development 3. The Money Market & How it Behaves 3. What is needed to improve the situation. Francis Cherunilam. Himalaya Publishing House.globalization exercise and beyond. An Introduction to (he Indian Economy. 5. Transportation Problem (TP) Concepts.K Misra and V. M: Economic Environment of Busi 2. Formulation of Model. S.Problems. Inter-Sectoral Distribution of the Gross National Product over the Five Year Plans Period. India’s balance of trade and fluctuations since 1990 How do figure in the wild order 4. India’s Gross Domestic Product & Net National Product (its components & the significance of the same to growth) 5.Solution Procedures for IFS and Optimally Check . India’s balance of payments and how is study can assist corporate decision making.K Puri. The Product Market & How it Affects India’s Growth Potential 2. 3.privatization. Formulation of Model . 2005. The World Bank and IMF conditional ties leading to the liberalization . PART II : The Economic Markets 1. Raj Aggrawal: Business Environment (Exel) 5. if at all it is poor. Economic Environment of Business 50 Marks Course Content PART I:The Fundamentals 1.2. The Capital Market & its Vendibility 4. The Business Cycle and how it is perceived o behave in the immediate future. What business decision hinge on this analysis Reference Text : 1.Prohibited Assignments . Hungarian Method of Solution Maximization / Minimization Balanced / Unbalanced . How does Commercial Banking Effect industry & Business 6. Adhikanj. Scope and Limitations. 2. 2005 3. The Money Market & the Role of Central Banking 5. The Scope & Subject Matter of Macroeconomics 2. The capitalist world economy and India’s position therein since 1990. 3.Its Salient Features 4.

Profitability. independent) .Maxima Flow in Capacitated Network Concepts and Solution Algorithm as Applied to Problems-Project Planning & Control by use of CPM/PERT . Digital Stimulation : Concepts – Areas of Application – Random-Digits and Methods of Generating Probability Distributions – Applications – to problems in Queuing . Reference Text 1. Inventory.Post-Optimal Sensitivity Analysis. Linear Programming (LP) :. Quantitative Techniques in Management— J.time analysis and Derivation of the Critical Path. Diverse Problems – Graphical Explanation of Solution Maximization /Minimization . interfering. Game Theory .Sensitivity Analysis EOQ-EOQ Under Price Break Determination of Safety Stock and Reorder Levels – Static Inventory Model – (Insurance Spares) 10.Sasieni M.Concepts of Floats (total.Of Degeneracy . Replacement and Maintenance Models :.Concepts.2 . Taha 2. Methods & Problems . and Negative Exponential Service time.) 5. & othors .(Unique Optimum. c-vector.Group vs Individual Replacement Policies.\Johra 3. Equivalence of Game Theory and linear Programming Models Solution of 3x3 Games by LP Simplex including Quality . Maintenance etc. 8. Events .sum and Non-zero-sum games Solution Procedures to 2-person zero sum games .Saddle point Mixed Strategy.Use of Slack Surplus / Artificial Variables . PK-Formulae. Linear Programming (LP) :.Problems based on the results of following models (M/M/1) Single Channel Queue with Poisson Arrival Rate. 11.. Formulation of Models.a-Vis Non-lincar programming problems Brief Introduction to Non-LP models and associated problems 6.Simplex Algorithm .Replacement of Items Subject to Deterioration and Items Subject Random Total Failure . Multiple Optimum.Duality Principle . 12.Minimal Spanning Tree Problem . infeasibility Redundancy Problems.Big M Method/Two-Phase Method .Zero .Economic-order Quality’-(EOQ)and EBQ for Finite Production Rate.Interpretation of the Optimal Tableau . Sub-games Method for m x 2 or 2 x n games . Note: The teaching of the above subject is to be integrated with the most widely available software.Concepts . person.D. and General Service Time.KSharma 4 Operations Research. Quantitative Techniques in Management — N.Deterministic Probability Models . New Product.Concepts 7. Operation Research . 4. Network Analysis . 9 Inventory Models . n-person games . Definitions of Project. Queuing (Wailing-line) Models .Application for Maximizing / Minimizing Player & Strategy.Graphical Methods 13.Crashing of a CPM ‘Network – Probability Assessment in PERT Network.Types c Queuing Systems (use of 6 Character Code) Queues in Series and Parallel . Unbounded ness. Addition/Deletion of Variables /Constraints – Dual Simplex Method – Problems Limitations of LP Vis.Types of Inventory Situations Fixed Quantity)Fixed Review Period 3 Costs Involved .Prohibited Routing Problems . Without Limitations of Queue Size (M/G/1) Single Channel with Poisson Arrival Rate. Jobs.Shortest Route Problem .Primal /Dual Inter-relation Post-Optimal Sensitivity Analysis for changes in b-vector.Arrow Diagrams . free.Concepts .

Data management plan — Sampling & measurement 9. BPR. K. Personnel/ Human Resource Management : DeCenzo & Robbins (Prentice Hall of India) 5. Subba Rao 2. Its Organization. SPSS applications data base. Kothari L : Introduction to Operations Research (Vikas) 8. Data analysis — Tabulation. Productivity and Human Resource Management Reference Text 1. B. References — Bibliography. Defining MR problems 5. Morale. Data — Collection Methodology. Personnel Management – C. Personnel Turnover. Identification of Research Problem. Management of Organizational Change.5 Human Resources Management 100 Marks Course Content 1. Primary Data — Collection Methods / Measurement Techniques —— Characteristics of Measurement – Reliability. Primary and Secondary data sources and data collection instruments including in-depth interviews. — Secondary Data Collection Methods — Library Research. 100 Marks Course Content 1. Dessler : Human Resource Management (Prentice Hall India) 4. Training Methods. 4. Research Methodology & Fundamentals of MR. Management Development Programmes. Bhattacharya : Human Resource Management (Excel) 6. Responsibilities and place in the Organization. Human Resource Management – Its Scope Relationship with other Social Sciences Approaches of Human Resource Management / Inter-Disciplinary Approach 2. D. 0. etc. 5. Training & Development – Identification of Training Needs.6.Organization Structure – Re-engineering. 8. teasing for association . Operations Research — V. 3. Performance Appraisal Systems – MBO Approach. 2. R. Job Description. Mammoria 3. Wagher 6.Kapoor 7. ‘Abstracts. Policies. Incentives Schemes. Validity etc.K.M. Khanna: Quantitative Techniques for decision making (Preritice HaIl India) 2. Multi. Organization Development. 7.5. Relevance & Scope of Research In Management.Research Design 6. Steps Involved in the Research Process 3. 7. Gupta a. HRD Strategies for Long Term Planning & Growth. Human Resource Management – P. Organization of Personnel Functions – Personnel Department. 9.Skilling. Principles of Operations Research — N. projective techniques and focus groups 8. Performance Counseling. Manpower Planning. Job Analysis. Job – enrichment Empowerment – Job Satisfaction. Career Planning 6. VSP Rao – Managing Human Resource (Prentice Hall of India) 2.

philosophy. Marketing Research Essentials — Muuariels & Gates (3J coition SW College publicc’. K Bhattacharya : Research Methodology (Excel) 4. Information Security— Sensitize students to the need (or information security. Determining Information Needs for an Organization / Individual Manager—overview of use of data flow method.Kothari 3.2-3 Cases on Requirements Management — Author : Prof Pradeep Pendse 4 . Basic Information Concepts and Definitions Need for Information and Information Systems (IS) in an organization — characteristics of Information and Organization with respect to organization form. Tripathy : A Text book of Research Methodology in Social Sciences (Sultan Chand) 6. D. Integrity and Availability. Kumar.10. C. Operational Control. Marketing Research — Aaker.ions 9. Chi-square.O’brien MIS {TMH) 5.7 Management Information System 50 Marks Course Content 1. Loudon Jaico publication) 8. 12. — Making Choice of an Appropriate Analysis Technique. Strategic use of Information and IS — Use of Information for Customer Boding. for Knowledge Management. structure . Executive Information Systems 3. Research Report Writing. Types of threats and 1ik. Computer Aided Research Methodology — use of SPSS packages Reference Text 1. for Creating a new business models and new business reality. Decision Support. Research Methodology Methods & Techniques — C. MIS a Conceptual Framework by Davis and Olson 2 Analysis and Design of Information Systems by James Scan 3. T L. for Managing Business Risks. overview of some of the manual. 5. Marketing Research Text & Cases — ONreon. Bush. Ashok Arora & Rhatia: Management Information Systems (Excel) 6. 4. analysis of information of decision processes etc. Prasad Management Information Systems (Sultan Chand) . T-test. Analysis Techniques — Qualitative & Quantitative Analysis Techniques — Techniques of Testing Hypothesis -. Case Studies Case on ASC industrial Gases — Author: Prof Pradeep Pendse Mrs Fieds Cookie’s — Harvard Case Study Seject Business Cases identified by each Group of Students for work thrui the entire subject . etc. Ortinau (2nd edition Tata McGraw Hill) 7. Marketing Research —Hair. procedural and automated controls in real life IT environments. concepts such as confidentiality. Jessup & Valacich: Information Systems Today (Prentice Hall India) 7. Reference Text: 1. M. Day (7th edition John Wiley Sons) 2. Types of — Transaction. Business Research Methods — Cooper Schindler 2. hierarchy etc 2. 11. Management Control. for innovation. Stevens. P.R. Correlation & Regression Analysis. Analysis of Variance.

Marketing Management – Ramaswamy & Namkumari – Mcmillan Electives 2.10 Decision Science 100 Marks . Rajan Saxena – McGraw Hill India 4. Capital Budgeting & Investment Decision Analysis (using Time Value for Money. Financial Management – Maheshwari 5. Internet marketing 10. Financial Performance Appraisal using Ratio Analysis. Marketing Management . Financial Management – S. Keller.9. 2. Koshi & Jha – 14th edition – perarson. Direct marketing 11. C. Marketing Management – Indian Context Dr. Domestic / Foreign. Financial Management 100 Marks Course Content 1. Event & Media marketing 12. Sharan : Fundamentals of Financial Management (Perason) 2. Equity / Borrowings/ Mixed etc. Van Home & Wachowiz Fundamentals of Financial Management (Prentice Hall of India) 7. Marketing Applications & Practices: 100 Marks Course Content 1. Basic Marketing. Sources of Finance – Short Term/Long Term. Perrault and McCarthy – Mcgraw Hill India 3.2. Divided Policy/ Bonus – Theory & Practice Reference Text : 1. Fast moving consumer goods marketing 5. Consumer Durables marketing 6.Kotler. 13th edition.8. Working Capital Management – Estimation & Financing a) Inventory Management b) Receivable Management c) Cash Management 6. Rural management 9. 823 marketing 4. Financial Management – Prasanna Chandra 4. Service marketing 7. Strategic marketing principles 2. Reference Text : 1. Fund Flow Analysis & Cash Flow Analysis. Pandey 6. Financial Management – Khan & Jain 3. Cost of Capital & Capital – Structure Planning. 3. 4. Theory) 5. Preparation of marketing and business plans 3. Field project involving preparation of marketing / business plan in any Industry verticals. Rural marketing 8. Financial Management – Brigham 2. Objective of Financial Management 2.

Vora • Quantitative Techniques in Management — J. Lateral thinking 10. Decision making under certainty.Course Content 1.K Sharma • Econometrics — By Damodar Gujarathi • Kotynous 2. Organizational Behavior by Fred Luthans (9th edition) 2. Entrepreneurship Project 7. l2 Analysis of financial statements IOU Marks Course Content 1. Revision of Balance Sheet and P&L statement fundamentals. Creativity. risk and under uncertainty stations Decision tree for decision making Bayesian approach in decision making . Single equations models with one and two explanatory variables plus ANQVA in regression analysis. Creative Problem Solving Techniques 9.. Entrepreneurship. Dynamics of Entrepreneurship — Support (from Significant Others. Motivation to Excel 5. Competitive strategies 3. Leadership 2.Breakeven analysis under uncertainty’ Investment analysis under uncertainty 2. Cash Flow Analysis • Measuring operating / financing and investing Cash flows. Dynamics of Entrepreneurship — Opportunity Obsession. . Auto correlation. Identification problems: Estimation of structural parameters by ILS. Dynamics of Entrepreneurship — Ambiguity & Uncertainty. Dynamics or Entrepreneurship —Commitment & Determination.D. & IV Reference Text • Quantitative Techniques in Management — N. Tolerance of Risk 3.11 Managerial Process Skills —100 marks Course Content 1. Hetroscedasticity multicollinearity & distributed lag models. Self-Reliance & Ability to Adapt 4.. Analytical skills Reference Text 1. The Essentials of Managing Change and Transition – Harvard Business School Press 2. Entrepreneurship Project 6. SSL. Simultaneous equations models 6. • Indian Accounting Standards • Indian Accounting Standard vs US GAAP (This would also cover the manipulations often done by companies to show higher profits) 2. Methods for generating ideas 8. 4 Statistical forecasting techniques 5.

EV/ESDITA multiple • Capitalization ratios. Debt to Assets.Debt Equity. Price to book value. 4. Valuation Ratios • EPS! ROE! RC’CEI Total Shareholder returns. with Necessary accounting adjustment for these ratios). minority interest • NOPAT arid adju’menls to NOPAT from EVA perspective to measure correct economic cash flows. Stock Spits and Buy back • Managing Productivity of Corporate Capital • Composite Index for measuring productivity 6. Free Cash flows to Equity / Firm • From earnings to free cash flows • Adjustment from standard accounting to correctly measure free cash flow • Capitalization leasing expense and R&D expenditure. • Economic value added (EVA) and linkages between value or a company and EVA • Equity Analysis. Forecasting FCFE/FCFF and Security Valuation Reference Text • Financial Management by Prasanna Chandra . Introduction to Advance Accounting Concepts • Merger and acquisition • Consolidation of balance sheets • Deferred taxes. net profit margins and various turnover ratios) • Liquidity ratios — Current Ratio / Acid test • Profitability ratios.• Cash flows and financial flexibility (linkages to dividend policy and ever retention of profits) 3. Linkages between ROE & ROCE & optimal capital structure and determinants of PE multiple. Assessing Business Performance • Operational efficiency ratios (Gross profit. • Du-pont Analysis • Coverage ratios and credit analysis and ratings (The emphasis will be on correct interpretation and correct measurement i e. correct treatment for amortization expense and deferrer taxes • Measuring correct ROF & ROC after adjusting for inter-corporate investment • implication of the above intentioned adjustment on fundamentals valuation/company and PE or Price / Book Value or EBDITA multiple 5.