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Paper-I |
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Accounting
for Managers |
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| 1 |
Introduction: |
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Accounting as an information system,
Basic accounting concepts and conventions. Accounting
Cycle. Role of Accountant in Profession and Industry. |
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| 2 |
Final Accounts: |
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Preparation of Final Accounts (Profit & Loss
A/C and Balance Sheet) |
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Understanding
Corporate Financial Statements: |
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Type, nature, attributes, uses and
limitations, Corporate reporting and disclosure
requirements, Segment Reporting. |
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Harmonization of Accounting Policies: |
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Role of GAAP. Accounting Standards related to
disclosure of accounting policies, valuation of
inventories and depreciation.
Recent trends in the presentation of corporate
published accounts. |
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| 5 |
Introduction
to Cost & Management
Accounting: |
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Purpose and scope of Cost Accounting and Managerial
Accounting.
Cost Management Concepts and Cost Behavior |
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| 6 |
Cost
Sheet: |
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Preparation of Cost Sheet |
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| 7 |
Standard Costing: |
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Introduction to
Standard Costing and Variance Analysis (material
and labor variances) only. |
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| 8 |
Cost-Volume-Profit Relationship: |
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Break Even Analysis and its applications.
Marginal Costing as a tool to managerial decisions.
Use of cost data in managerial decision –making |
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Paper-II |
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Managerial
Economics |
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| 1 |
Managerial Economics: |
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Concepts and techniques, Marginal Analysis. |
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| 2 |
Theory of Demand: |
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demand functions, income
and substitution effects and demand forecasts; |
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| 3 |
Production and Cost: |
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– Return to scale,
cost curves, break-even analysis;
Theory of Firm - profit maximization, sales
maximization. |
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Market
Structure: |
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Perfect Competition, Monopoly,
Imperfect competition, Oligopoly. |
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| 5 |
Macro
Economic Aggregates and Concepts: |
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GNP and GDP, Aggregates Consumption;
Gross Domestic Savings; Gross Domestic Capital,
WPI, CPI, and Inflation and
Unemployment trade-off; Conceptual framework
and Measurement of National Income;
Determination of Consumption Function, Synthesis
of Monetary and Real Factors. |
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Paper-III |
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Financial
Management |
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| 1 |
Introduction: |
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Evolution of Financial
Management, Scope and Objectives of Financial Management. |
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| 2 |
Capital Budgeting: |
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Capital Budgeting Process,
Project Formulation & Project Selection, Introduction
to various Capital Budgeting Techniques; Payback
Period Method, Average Rate of Return, Net Present
Value Method, Internal Rate of Return, Benefit –cost
ratio, Capital Rationing. |
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| 3 |
Long –Term
funds: |
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Sources of long –term
funds (Equity Shares, Preference Shares, Debentures
and Public Deposits), Factors affecting long –term
funds requirements. |
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| 4 |
Lease –financing: |
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Concept and types. Advantages
and disadvantages of leasing. |
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| 5 |
Capital Structure: |
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Determinants of Capital Structure,
Capital Structure Theories, Cost of Capital, Operating
and Financial Leverage. |
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| 6 |
Working Capital: |
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Concepts, factors affecting
working capital requirements, Determining working
capital requirements, Sources of working capital. |
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| 7 |
Management of Retained Earnings: |
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Retained Earnings & Dividend
Policy, Considerations in Dividend Policy, Forms
of Dividends, Dividend Theories, Bonus Shares. |
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| 8 |
Corporate Restructuring: |
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Reasons and Factors
affecting Mergers, Acquisitions, Takeovers and
sell –offs. |
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| 9 |
Recent Developments: |
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Introduction to the concepts
of EVA, MVA and CAPM. |
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Paper-IV |
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Marketing
Management |
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Paper-VI |
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Project
Evaluation & Implementation |
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| 1 |
Project: |
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Definition, Characteristics,
Importance, Types, Steps in identification of project,
project life –cycle. |
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| 2 |
Project Management: |
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Meaning & Scope |
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| 3 |
Project Appraisal: |
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Technical Appraisal; Environmental
Appraisal; Economic and Market Appraisal – including
market survey for forecasting future demand and sales.
Financial Appraisal – project cost estimation & working
capital requirements, sources of funds, appropriate
composition of funds (capital budgeting), preparation
of projected financial statements viz. projected
balance –sheet, projected income statement,
projected funds & cash flow statements. Preparation
of detailed Project Report. |
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Ranking of Projects: |
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Nedd & techniques of ranking
of projects, payback method, accounting rate of return,
internal rate of return, net present value method,
net terminal value method, multiple internal rate
of return. |
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SCBA: |
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Meaning, rationale, approaches to SCBA, SCBA
by FI’s, UNIDO approach, L –M Approach,
social appraisal of projects in developing countries. |
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Implementation of projects: |
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Project Scheduling
and Control, Network Analysis, Gantt Charts, PERT & CPM,
managing time & cost over –runs. Problems
of project implementation, role of project manager,
project audit.
Contract Management – Basic concepts, single
and two –part bids (commercial and financial).
Remedies for non –performance of contract. |
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Paper-VII |
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Strategic
Planning |
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| 1 |
Business Policy: |
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Nature, meaning & scope,
evolution, relation of business policy with strategic
management.
Levels of strategy management. Definition of business
mission, goal, objective, strategy, action /task,
control and rewards. |
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| 2 |
Strategy Formulation: |
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analysis of external environment,
five forces model, identifying the organization’s
competitive position, techniques of environment analysis – PEST
Analysis, QUEST Analysis, use of scenarios & ETOP. |
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Analyzing internal environment: |
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analysis of strength & weaknesses,
internal factors to be analyzed, value chain analysis,
Organizational Diagnosis – organizational capability
profile & strategic advantage profile, identifying
core competencies, benchmarking. |
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Strategic Alternatives: |
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generic, stability, expansion,
retrenchment & combination strategies, considering
strategy variations. |
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Strategic choice: |
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process, evaluation criteria,
analytical models (BCG model, growth share matrix,
business portfolio matrix, stop light strategy model,
DPM model, product – market evolution matrix).
Concept of synergy. |
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Strategic implementation & control: |
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process,
resource allocation, strategy & structure, Mc.
Kinsey’s 7s framework, impact of organizational
climate and leadership styles on strategy implementation,
Criteria for Evaluation – quantitative & qualitative,
feedback & corrective actions.
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Paper-VIII |
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Applied Operations
Research |
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Paper-XI |
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Conflict
Management & Negotiation
Skills |
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Paper-X |
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Human Resource
Management |
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| 1 |
Human Resource Management (HRM): |
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Meaning,
Scope and Objectives of HRM,
HRM Challenges, Strategic Planning and HRM.
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Human Resource Planning (HRP): |
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Concept, Need and
importance of HRP, Factors affecting HRP, Human Resource
Planning Process, Barriers to HRP. |
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| 3 |
Job Analysis (JA): |
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Meaning and Objective, Process,
Methods of collecting job data,
Uses of JA, Problems of JA |
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Job Design (JD): |
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Meaning, Factors affecting JD,
Various techniques of JD. |
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Recruitment: |
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Meaning, Factors governing Recruitment,
Recruitment sources and techniques, Problems associated
with Recruitment. |
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| 6 |
Selection: |
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Meaning, Process, Selection Tests and
Interview, Barriers to effective selection. |
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| 7 |
Induction & Orientation: |
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Concepts, Process,
Benefits and Problems associated with Induction and
Orientation. |
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| 8 |
Employee Retention: |
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Meaning, Factors responsible
for high employee turnover, Employee Retention Strategies. |
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| 9 |
Managing Careers: |
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Promotion: Meaning, significance,
Promotion Policy;
Demotion -Meaning, Reasons, Implications for HRM;
Transfers - Meaning, Purpose, Policy and other Issues
associated with Transfers. |
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Managing Separations: |
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Meaning and Types of Separations,
Costs and Benefits of
Separations and Managing Separations effectively. |
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| 11 |
Training
and Development (T&D): |
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Concept
and Need of T&D, Designing a T&D
Program - Identification of T&D needs, objectives,
T&D strategy, T&D program contents, T&D
process, methods of T&D and Evaluating T&D
effectiveness. |
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| 12 |
Performance & Potential
Appraisal (PPA): |
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Meaning, Purpose, Essentials of effective
PPA system, Various Components of PPA, Methods and
techniques of PPA. |
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| 13 |
Managing Compensation: |
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Employee Remuneration
- Meaning and Components,
Objectives, Factors influencing employee remuneration,
Remuneration methods,
Challenges of remuneration, Job Evaluation - Meaning,
Process and Methods of Job
Evaluation; Incentives - Concepts, Importance, Types,
Fringe Benefits - Meaning, Types and administration
of Benefits. |
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| 14 |
Managing Industrial Relations: |
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Industrial
Relations -Meaning, Importance of peaceful
Approaches to IR, IR strategies; Disputes-Nature,
Causes and Settlement of Disputes;
Grievances-Nature, Sources, Grievance handling procedure; |
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| 15 |
Managing Workplace Safety
and Health: |
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Introduction, Various workplace safety and health
issues and management of these issues. |
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