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Syllabus
PM
Principles of Management (Syllabus)
Principles of Management
Unit I : Introduction
1.1 Concept: Need for study, Managerial Functions – An overview; Coordination – Essence of Managership
1.2 Evolution of Management Thought, Classical Approach- Taylor, Fayol, Neo-Classical and Human Relations Approach- Mayo, Hawthorne Experiments, Behavioural Approach, Systems Approach, Contingency Approach
Unit II: Planning
2.1 Types of Plan – Meaning, objectives, Significance of Planning. An overview to highlight the differences
2.2 Strategic planning – Concepts ,process , Importance and Limitations
2.3 Decision –making – concept , importance; Committee and Group Decision-making, Process ,
Unit III: Organizing
3.1 Concept
3.2 Process of organizing – An overview, Span of Management, Different types of authority (line and staff and functional), Decentralization , Delegation
3.3 Formal and Informal Structure
3.4 Principles of Organizing
Unit IV: Staffing and Leadership
4.1 Concept of Staffing, An overview of Staffing
4.2 Motivation – Concept , Importance, extrinsic and intrinsic motivation; Major Motivation Theories – Maslow’s need Hierarchy theory; Hertzberg’s Two – factors theory , Vroom’s Expectation Theory.
4.3 Leadership – Concept, Importance, Theories of Leadership
4.4 Communication- Concept purpose, process, Oral and written communication, Formal and informal communication networks, Barriers to communication, Overcoming barriers to communication
Unit V: Control
5.1 Concept, Process, Limitations, Principles of Effective Control, Major Techniques of Control – Ratio Analysis (ROI), Budgetary Control.
5.2 Emerging issues in Management
PM
Personnel Management (Syllabus)
Personnel Management
Unit I : Personnel Management
Concept and Functions, Role, Status and competencies of HR Manager, HR Policies, Evolution of HRM.
Unit II : Acquisition of Human Resource
Human Resource Planning – Quantitative and Qualitative dimensions, job analysis – job description and
job specification, Recruitment – concept and sources, Selection – Concept and process.
Unit III: Training and Development
Concept and Importance, Identifying training and Development Needs, Designing Training Programs,
Training and development methods – Apprenticeship, understudy, job rotation, vestibule training,
Evaluating Training Effectiveness.
Unit IV: Performance Appraisal
Nature and objectives, Performance appraisal process, Methods of performance appraisal, potential
appraisal.
Unit V: Compensation and Maintenance of Employees
Compensation - concept and policies, job evaluation, methods of wage payments, fringe benefit,
Employee Welfare, society security, Grievance handling and redressal.
Int
International Trade (Syllabus)
International Trade
Unit I:
1. Introduction to International Trade: Meaning, Definition, Objective, Functions and Reasons
2. International Business Environment: National and foreign environments and their components , recent trends in world trends in world trade in goods and services; Trends in India’s foreign trade.
Unit II:
1. Theories of International Trade; WTO – Its objectives, principles, functioning; An overview of other organizations – UNCTAD, World Bank and IMF;
2. Balance of payment and Terms of Trade.
Unit III:
1. International Financial Environment: International financial system and institutions; Foreign exchange markets, Forward Market ; Rate, Long and Short forward position, forward premium
2. Foreign investments – types and flows; Foreign investment in Indian perspective.
Unit IV:
1. Foreign Direct Investment – Need, Impact and Indian Policies for FDI
2. Developments and Issues in International Business ; Role of IT in international business; International business and ecological considerations.; Outsourcing and its impact
InvM
Inventory Management (Syllabus)
Inventory Management
Unit I
Meaning and Definition of Inventory, Types of Inventory, Need for holding Inventory, Risks and Cost
Associated with excessive inventory.
Unit II
Meaning and Definition of Inventory Management, Objectives of Inventory Management, advantages
of Inventory Management, Limitations of Inventory Management
Unit III
Techniques of Inventory Management: EOQ Model, ABC Analysis, Stock Levels, VED Analysis,
FSN Analysis, Traditional Techniques.