ISBE-B (2010 -12) PGP_II_SEMESTER

PROGRAMME STRUCTURE FOR S No

1. 2. 3. 4. 5. 6. 7. 8. 9.

ISBE - B Subject
Business Statistics Operations & Optimization Research Economics for Managerial Decision Making II Management of Information System & KM Human Resource Management Financial Management Executive Communication National Economic Planning I National Economic Planning II

Credit
2 2 2 2 2 2 2 2 2

BUSINESS STATISTICS

ISBE-B (2010 -12) PGP_II_SEMESTER COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 02 1. BUSINESS STATISTICS - WHAT AND WHY? (2 HRS) INTRODUCTION Definition of statistics Five stages of statistical investigation - Collection - Organization - Presentation - Analysis - Interpretation Functions of statistics Limitations of statistics COLLECTION OF DATA Primary data: use and problems Secondary data: use and problems Internal data Points to be kept in mind while designing questionnaires Designing a questionnaire Points to be kept in mind while using secondary data PRESENTATION OF DATA Classification of Data Frequency Distribution Exclusive Vs. Inclusive Method Tabulation of Data Types of Tables Bar Diagrams, Pie Charts Types of Graphs Histogram, OGIVE Curve 2. MEASURES OF CENTRAL TENDENCY AND VARIATION (4 HRS) CENTRAL TENDENCY Objectives Of Averaging Arithmetic Mean - (Grouped And Ungrouped) Combined mean - Direct Method - Short Cut Method Mode - Direct Method - Short Cut Method Which Average to Use? When? General Limitations of an Average

ISBE-B (2010 -12) PGP_II_SEMESTER Median

VARIATION Introduction Significance of Measuring Variation Methods of Variation - Absolute vs. Relative (coefficient) measures of variation Range & Coeff. of range Average deviation (grouped; ungrouped) & its coefficient Standard deviation & its coefficient, combined Standard Deviation and properties Which measure of variation to use? 3. CORRELATION AND REGRESSION ANALYSIS (6 HRS) CORRELATION Significance of studying Correlation Correlation and Causation Types of Correlation Methods of studying Correlation - Scatter diagram method - Karl Pearsons coefficient of Correlation (ungrouped & bivariate distribution) Properties of Correlation REGRESSION Difference between correlation & regressions Regression lines Regression equations Regression coefficients - Methods of studying regression coefficient (ungrouped) - Method of least squares - Method of deviation taken from actual mean - Method of deviation taken from assured mean Bivariate distribution Properties of regression coefficients 4. PROBABILITY DISTRIBUTION (6 HRS) Normal distribution Practical uses of normal distribution Area relationship under normal distribution Applications of the normal distribution Reading Z- table

5. SAMPLING AND SAMPLING DISTRIBUTIONS (6 HRS) Purpose of Sampling

ISBE-B (2010 -12) PGP_II_SEMESTER Principles of sampling Principle of statistical regularity Principle of inertia of large numbers Sampling distribution - Sampling distribution of the mean - Sampling distribution of the difference between two means - Sampling distribution of proportions - Sampling distribution of the difference of two proportions Central limit theorem Relationship between population, sample and sampling distributions

RECOMMENDED BOOKS RICHARD LEVIN / DAVID S RUBIN: Statistics For Management, (Seventh Edition Pearson Education) S P GUPTA AND M P GUPTA: Business Statistics, (S Chand & Sons) NABENDU PAL: Statistics - Concepts And Applications, (Prentice Hall of India) M.R. SPIEGEL AND LARRY J. STEPHENS: Statistics, (Tata Mc. Graw Hill) M.R. SPIEGEL AND LARRY J. SCHILLER AND R.ALU SRINIVASAN: Probability and Statistics, (Tata Mc. Graw Hill). ASSESSMENT Internal Assessments: 25% weightage Attendance and Class Participation: 5 marks Quizzes: 10 marks Case analysis project written report submission: 10 marks

ISBE-B (2010 -12) PGP_II_SEMESTER OPERATIONS AND OPTIMIZATION RESEARCH COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 02 1. OPERATIONS RESEARCH (2 HRS) Meaning and scope Relevance of O.R. techniques for solving business problems 2. DECISION THEORY (6 HRS) Decision making and the parameters involved, including probabilistic situations Decision making under certainty, risk and uncertainty; criteria for decision making under each Expected monetary value as an aid to decision making Decision tree and its managerial application Game Theory Business games and strategies adopted by players Game matrix Pure strategies and saddle point Mixed strategies Dominance theory and linear programming as tools for determining outcomes Application of game theory for pricing advertising and similar managerial decisions 3. CRITICAL PATH METHOD AND PROGRAM EVALUATION AND REVIEW TECHNIQUES (4 HRS) Monitoring and control of time and project cost using critical path ;float of activities(total, free and independent float);estimation of time of completion/duration of project Variance analysis for estimating probability of project completion in scheduled time Midcourse correction and crashing of duration of activities ;arresting delays; optimal time cost trade off Resource and manpower allocation and leveling to match the required schedules of project. 4. PRODUCTION SYSTEMS (6 HRS) Types of production systems and layouts Capacity requirements planning Facilities, location and influencing factors; evaluation of alternatives JIT, FMS, and Group Technology Productivity And Work Study Method study: Basic procedure, charts, diagram Work measurement & Time study Work sampling, learning curve, production standards Aggregate production planning; heuristic methods 5. PROCESS CONTROL (6 HRS)

ISBE-B (2010 -12) PGP_II_SEMESTER Inventory management: Basic concepts; selective inventory control models; ordering systems; material requirement planning; operations scheduling: Meaning; dynamic and static scheduling; design rules Quality control; variables and attributes Process control and acceptance sampling Maintenance: Facilities; total productive maintenance

RECOMMENDED BOOKS J. K. SHARMA: Operations Research (Macmillan) BESTERFIELD: Total Quality Management (Pearson) S. N. CHARY: Production & Operations Management (TMH) BARRY RENDER AND RALPH STAIR, JR.: Quantitative Analysis for Management ANDERSON, SWEENEY AND WILLIAMS : An Introduction to Management Science

ISBE-B (2010 -12) PGP_II_SEMESTER ECONOMICS FOR MANAGERIAL DECISION MAKING- II COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 02 1. INTRODUCTION (2 HRS) Economics And Managerial Decision Making - Managerial decision making under perfect information, risky and uncertain situations. - Economics: Scope of economics; economics as a tool for decision making. - Managerial Economics: Definition and scope; distinction between economics and managerial eco. 2. CONSUMER DECISION MAKING (4 HRS) Demand Side Of The Market - Factors influencing demand; managerial implications. - Demand elasticities and lessons for a manager. - Demand estimation and fore casting: Basic methods. Logic of Buying And Consumption - Conventional explanation for consumer behavior: Review - Attributes approach for explaining consumer choices 3. ECONOMICS OF SUPPLY AND PRODUCTION (3 HRS) Supply Side of The Market - Factors determining after of a supplier. - Supply elasticities and lessons for a manager. Production: Conceptual Framework - Production concepts: review - Cost concepts; their role in decision making; incrementation; engineering cost curves. - Economies and diseconomies in production and supply. 4. PRICING DECISIONS AND IMPLEMENTATION (12 HRS) Alternative Paradigms Of Decision Making By A Firm - The neoclassical model of firm: revenue, equilibrium, and profit positions. - Boumolss sales revenue maximization model. - Behavioral approach of Cyert and March. - Marris model of managerial enterprise. Various Market Models And Market Power - Market classification based on number of players and extent of competition; contestable markets. - Power of the marketer regarding price setting in each of the situations. Pricing Decisions And Implementations-1: Price Determination - Pricing decisions when competitors would not react. - Pricing under mutual dependence conditions - Pricing for attaining long term objectives. Pricing Decisions And Implementation-2: Specific Models Of Pricing - Situation of multiplant operations

ISBE-B (2010 -12) PGP_II_SEMESTER - Cartelization - Price discrimination - Transfer pricing Pricing Decisions And Implementation-3: Decisions In Practice - Pricing under uncertainty. - Rule of thumb pricing. - Mark up pricing. - Product line pricing. - Price as quality indicator. - Pricing of product bundles - Promotional pricing. Pricing Decisions And Implementation-4: New Product Pricing - Setting the initial price. - Adjusting price overtime

5. PRICING IN A REGULATORY FRAMEWORK (3 HRS) Market Failures And Price Regulations - Market failures and need for regulation. - Regulations and market structure, firm behavior etc. - Price regulation RECOMMENDED BOOKS IVON PING: Managerial Economics (Blackwell publishers) D N SENGUPTA & ANINDYA SEN: Economics of Business Policy (OUP) KOUTSAYANNIS: Micro Economics ASSESSMENT Internal Assessments: 25% weightage Attendance and Class Participation: 10 marks Quizzes: 15 marks

ISBE-B (2010 -12) PGP_II_SEMESTER MANAGEMENT INFORMATION SYSTEM & KM COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 02 1. CONCEPT, ROLE AND COMPONENTS OF MIS (4 HRS) Concept of information system and information flow; role and importance of information systems in management process; strategic role of I.T. in M.I.S ; information systems for competitive advantage Components of MIS: Design and maintenance of M.I.S and Decision support systems ;development and implementation of MIS :systems analysis and design ;alternative application developments, financing issues (basic idea) BPR: Concept; role of I.T. for BPR ERP: Meaning; importance; applications; enterprise management systems (basic idea Only) 2. INFORMATION SYSTEM: THE HARDWARE & THE SOFTWARE (8 HRS) Hardware and Software DBMS Applications of MIS 3. KNOWLEDGE MANAGEMENT (5 HRS) Basics of KM Strategic dimensions 4. KNOWLEDGE MANAGEMENT AND TECHNOLOGY SUPPORT (4 HRS) Role of I T in knowledge management Data capturing, mining and warehousing; processing and sharing of knowledge using I T 5. LEARNING ORGANISATIONS (3 HRS) Concept of a learning organization and relevance of KM RECOMMENDED BOOKSS AVADH GHAZIRI : Knowledge Management (Person Education) LAUDON AND LAUDON : Management Information System (Pearson Education) MARY SUMMER & ROBERT SCHULTHEIS: MIS A Managers View (TMH: Latest Edition) M.H.ZUCK: Knowing and Strategy EFFY OZ: Management Information Systems ASSESSMENT Internal Assessments: 25% weightage Attendance and Class Participation: 5 marks Quizzes: 10 marks Project on designing or improving an MIS for an organization: 10 marks

ISBE-B (2010 -12) PGP_II_SEMESTER HUMAN RESOURCE MANAGEMENT COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 02 1. ORGANIZATIONAL STRUCTURE AND DESIGN AND ORGANIZATIONAL CULTURE (6 HRS) Meaning, factors affecting, and elements of organizational structure Organizational design structures High performance systems Meaning, functions, types, descriptions Management of organizational structure Changing organizational structure International comparisons Cross cultural dimensions: Hofsteeds analysis 2. HRD: CONCEPTUAL FRAMEWORK (4 HRS) Evolution, concept, characteristics of HRD Objectives of HRD HRD as a total system Functions of HRD HRD vs. personnel management 3. HRD: PHILOSOPHY AND STRATEGIES (6 HRS) Overview and philosophy HRD matrix Policies, strategy HRD programs: Barriers HRD and Indian organizations 4. HRD SYSTEMS (4 HRS) HRD systems: Principles and process of designing Factors affecting HRD systems designing 5. HRD MECHANISMS (4 HRS) Prerequisites for HRD Variables in HRD mechanisms HRD processes and outcomes Organizational effectiveness RECOMMEDED BOOKS KAVITA SINGH: Organizational Behaviour (Pearson) Chs.7,11,13-17 SANTOSH GUPTA & SACHIN GUPTA: Human Resource Development (Deep & Deep: 2005) Chs.1-5 JOHN M IVANCEVICH: Human Resource Management (TMH: Latest Edition) WAYNE F CASCIO: Managing Human Resources, (TMH)

ISBE-B (2010 -12) PGP_II_SEMESTER FISHER, SCHOENFELDT AND JAMES SHAW: Human Resource Management, (Biztantra)

ISBE-B (2010 -12) PGP_II_SEMESTER FINANCIAL MANAGEMENT COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 02 1. NATURE AND SCOPE OF FINANCIAL MANAGEMENT (3 HRS) MEANING Meaning, nature and scope; finance functions; job of a finance manager; organization of function. Financial goal of a business: profit v/s wealth maximization; implications; conflict of goals among various stakeholders CONCEPT OF TIME VALUE Concepts of discounting, compounding, present value, future value; methods of estimation. 2. EQUITY VALUATION (6 HRS) CONCEPT Concepts of equity and its valuation Beta estimation and cost of equity COST OF CAPITAL Dividend growth v/s CAPM WACC 3. CAPITAL BUDGETING & CASHFLOW INVESTMENT ANALYSIS (5 HRS) Investment decisions: nature; criteria for evaluation Methods of evaluation: NPV, IRR, PI, ARR; their relative superiority and shortcomings Cash flow v/s profit; components of cash flow Incremental approach for cash flow estimation Depreciation: concept; tax treatment of depreciation 4. OPERATING LEVERAGE AND CAPITAL STRUCTURE (4 HRS) Financial and combined leverage; impact of leverage on risk taking Planning an optimum capital structure: Capital structure determination theories; net income approach; net operating income approach; Modigliani-Miller approach; designing capital structure 5. WORKING CAPITAL MANAGEMENT (6 HRS) Concept and planning for working capital; financing of working capital; approaches for determining the financing mix; management of inventory, receivables, and cash.

RECOMMENDED BOOKS

ISBE-B (2010 -12) PGP_II_SEMESTER M Y KHAN AND P K JAIN: Financial Management (TMH) PRASANNA CHANDRA: Financial Management. (TMH) JAMES VAN HORNE AND JOHN WACHOWICZ: Financial Management, (Pearson) BRIGHAM & HOUSTON: Fundamentals of Financial Management, (Thomson) PARESH P SHAH: Financial Management, (Biztantra)

ASSESSMENT Internal Assessments: 25% weightage Attendance and Class Participation: 10 marks Quizzes: 15 marks

EXECUTIVE COMMUNICTATION II

ISBE-B (2010 -12) PGP_II_SEMESTER COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 2 SESSION 1 Introduction To Business Presentation SESSION 2 Presentaion 1 (5 Mins) + Feedback SESSION 3 Communication Activity by Faculty SESSION 4 Presentation 2 (10 Mins) + Feedback SESSION 5 Communication Activity by faculty SESSION 6 Group Activities / Management Games SESSION 7 Presentation 3 (15 Mins) + Feedback SESSION 8 Resume writing ex SESSION 9 Presentation 4 (30 Mins)* (Video-recording) SESSION 10 Individual Feedback session (IMP: Each session shall be for 2 hours) * To be judged by a 3-member panel consisting of : Excom Faculty, Senior Excom Faculty & SMG representative (Excom Faculty to give student based feedback, Senior Excom Faculty to assess performance of Excom Faculty & SMG representative to provide Placeability Index to students) MOST IMPORTANT: Every student to be given a CD with recordings of their performances (refer the sessions above that need to be recorded) from trimester I II to showcase their transformation as a speaker. A personalized written feedback for every student also needs to be documented along with the CD and should be given to the students by the end of Trimester II.

ISBE-B (2010 -12) PGP_II_SEMESTER An average IIPM student at the PG level should participate in the following Excom exercises: 1. 2. 3. 4. 5. Debates Individual presentations Practice interviews Group Discussion Exercises Miscellaneous sessions covering group based written, verbal and non verbal communication exercises

ISBE-B (2010 -12) PGP_II_SEMESTER NATIONAL ECONOMIC PLANNING - I COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 2 1. DEVELOPMENT OF INDIAN ECONOMY (8 HRS) Economic development and underdevelopment: Basic concepts Human development Ecological environment and development: Concept of sustainable development Indian Economy on the threshold of Independence. Indian economy today Explicit and implicit costs of economic growth: Illusion of rising prosperity and the Americanization of India. INDIAN ECONOMIC DEVELOPMENT IN FUTURE (6 HRS) Potential for economic growth and development in the New Millennium. Alternative thinking on Indias economic progress: Growth with social justice INSTITUTIONAL SETUP FOR ECONOMIC DEVELOPMENT (10 HRS) Role- positive and negative of the state in economic development. Role- positive and negative of capitalism / market model in economic development. Democracy, power groups, and the inherently iniquitous world under market capitalism. Reforms needed in capitalism. RECOMMENDED BOOKS UMA KAPILA: Indian Economy since Independence (Academic Foundation: Latest Edition) TODARO & SMITH: Economic Development (Pearson Education: Latest Edition): Relevant chapters ARINDAM CHAUDHURI: Planning India DR. MK CHAUDHURI & ARINDAM CHAUDHURI: Great Indian Dream

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Note: Additional readings will be announced by the faculty in the class

ISBE-B (2010 -12) PGP_II_SEMESTER NATIONAL ECONOMIC PLANNING - II COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS COURSE CREDITS: 2 1. 2. 3. LOGIC OF PLANNING IN INDIA (8 HRS) Evolution of planning Structural constraints and development strategy Role of state as visualized in the 1950s Evolution of strategy over the planning period: 1950s till date: changing perceptions. The three basic imbalances and their solutions by the state and the market. FINANCING OF INDIAS GROWTH (6 HRS) Role of foreign capital Foreign direct investment Other forms of resources Domestic resources Financial sector: Structure, performance, and reforms INDIA AND THE INTERNATIONAL CONTEXT (10 HRS) Integration of Indian economy into world economic system Financial integration Integration through trade and commerce Advantages and pitfalls of integration RECOMMENDED BOOKS Same as NEP - I