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This course is a survey course intended to develop the students’ ability in scientific analysis and to provide opportunity for application of concepts and tools in the study of economic and social problems. It also gives students a preliminary knowledge with the art of using different research methods, techniques in solving research problems. Specifically, it covers scientific inquiry; experimentation; survey; fact finding, design of questionnaire and interpretation of data; and formulation of management research project by students.
Project analysis and Management involves systematically incorporating the interests of customers, creating a disciplined way of prioritizing efforts and resolving trade-offs, working concurrently on all aspects of the project in multifunctional teams and down-stream activities. To this end, the course is designed to teach students the fundamentals of project formulations, appraisal, executive, planning and analysis of projects, the project cycle, market and demand analysis, raw material and supply study, location, site, and environmental assessment, production plan and plant capacity, technology and engineering study, financial & economic analysis , appraisal criteria, project financing, documentation, implementation monitoring and evaluation.
Human Resource management belongs to all organizations. Its focal point is people; people are the life blood of organizations. Hence, this course is designed to offer conceptual framework and insights that can be used in managing this human resource. It emphasizes on: overview of HRM (emerging HR challenges; changing role of HR; the evolution, importance, scope and component of HRM), human resources planning and development, attracting the talent (recruitment, selection of personnel), induction, placement, training and development; performance planning and appraisal; wage and salary administration and/or the human factor in work design & compensation plans & incentive schemes (reward system); morale and motivation; discipline; maintenance and safety; industrial relations; collective bargaining; grievances and grievance handling; HRM in multinational (& transitional) enterprises. It also focuses on newly emerging issues of Human resource like diversity and its management, empowerment, HIV/AIDS and the workplace.
Nothing is more persistent in our life than change. From our childhood we experience permanent change in our life, in the communities we belong to, in the organizations we work and, in the environment, we live as well. Yet, it is one decision that management finds difficult to make and implement- and when a change is made, it is often one of the most resisted decisions by employees though it is inevitable. Organizations that handle change well thrive, while those that don’t adapt themselves to change become history. Therefore, to be effective and efficient enough, managers must anticipate and prepare for the change. To equip you, the near future PR actioners and academicians, this course encompasses various topics including the overview of change management, the nature of change, theories of Change , approaches to managing organizational change, emerging trends in change management, managing the people issue, the link between change, stress and conflict.
This course deals about concepts and conventions, and analytical issues of financial and managerial accounting. It exposes students to the environment of accounting and its role in providing useful information for decision making by various stakeholders of business organizations. By the end of the course, students should be able to appreciate the role, scope and value of information for managing business organizations towards achieving their goals. This course is designed to introduce students to the assumptions, principles, and practice of financial accounting. The course content consists of a mix of descriptive material, financial accounting rules, and the application of these rules to various business situations. Topics include a detailed discussion of the accounting cycle, accounting for assets, liabilities, and shareholders’ equity, and financial statement analysis. The course is part of the foundation for all advanced business school classes, and as such is of great importance for building a successful business career.
The course organizational behavior is a field of study that investigates the impact those individuals, groups and organization structure has on behavior within organizations; and the application of this knowledge to improve productivity and job satisfaction in an organization. Organizational behavior uses systematic study to improve behavior so as to increase productivity and employee satisfaction. This course deals with theories of organizations, environment and organizational goal setting, organizational Behavior, individual attitude and perceptions, individual and group attributes in organizational behaviors, group dynamics, group and team formation, power and politics, conflict, and conflict management.
This course will give you a solid foundation across the concepts and techniques to plan, schedule, monitor and control time and resources on a project. The training course delivery is structured around the five process groups of the Project Management Body of Knowledge (PMBOK®) Guide; initiation, planning, executing, monitoring and control, and closure. Participants will learn that project time management is a process of strategic planning, monitoring and control to accomplish the timely completion of a project. Completing projects on time is often one of the key success criteria for a project.
This course covers tools and techniques used to plan and control projects and accomplishes business objectives. It emphasizes how to determine which tool or technique to use during different phases of the project life cycle. It uses project management software in exercises.
This course focuses on monitoring and internal/external evaluations and shows how these processes are used to measure the results of a project. It provides a step-by-step guide on how to monitor and evaluate projects and adapt them if and when necessary.
The increasingly complex legal and regulatory structure within which contracts are formed, and the prominent role contracting and purchasing personnel play in achieving project objectives, require project managers to understand fundamental of procurement and contracting process. In this module students will be exposed to the detailed phases and features of the contracting process, all the way from preparation of requirement for proposal through all other essential processes to close out. Understanding of an effective contract negotiation and administration will enable students to ensure project success, by way of reducing risks and costs. In addition, the students will be exposed to the logistics issues raised above and others related to the area.
The course is intended for any person functioning as a project manager or aspiring to be a project manager. In case studies and a project work, it acquaints to gain knowledge in implementing quality management principles.
This course focuses on the uncertainty that surrounds any project. Project Risk Management is designed to have the participant learn core project risk management concepts and best practices, and learn tools that are use d to proactively manage project risk. During the course, “best practices” will be introduced, and put into context through various exercises and scenarios and case studies
This course is devoted to identifying and describing the various strategies a company can pursue to achieve superior performance. Many of these strategies are generic – that is, they apply to all organizations, large or small, manufacturing or service, and profit seeking or not for profit. The central aim of this course is to give a thorough understanding of the analytical techniques and skills necessary to identify and exploit strategies successfully. Specifically, the course covers; the meaning & role of strategic management, natuk2re of strategic management, strategy formulation & implementation, environmental scanning, understanding of corporate, competitive functional and operating level strategies, strategy implementation, evaluation and control and also social and ethical responsibilities of corporate management.
The course "Fundamentals of Accounting I" is an introductory course that provides a basic understanding of accounting principles and practices. It is typically offered as part of undergraduate or introductory-level accounting programs. In this course, students learn the fundamental concepts and principles of accounting, which are essential for recording, analyzing, and reporting financial transactions of businesses. The course aims to provide a solid foundation in accounting, even for students who do not have prior knowledge or experience in the field. Some of the topics covered in "Fundamentals of Accounting I" include: Introduction to Accounting: Students learn about the purpose and importance of accounting in business, as well as the various users of financial information. Accounting Equation: The course introduces the accounting equation, which is the fundamental equation in accounting. Students learn how to apply this equation to record transactions and maintain the balance between assets, liabilities, and equity. Recording Transactions: Students learn how to analyze and record financial transactions using the double-entry bookkeeping system. They understand the concept of debits and credits and how to create journal entries. Financial Statements: Students learn about the different types of financial statements, such as the income statement, balance sheet, and statement of cash flows. They understand how these statements are prepared and how they reveal the financial health and performance of a business. Adjusting Entries: Students learn about adjusting entries, which are made at the end of an accounting period to ensure that financial statements reflect accurate and up-to-date information. They understand the concept of accrual accounting and the need for adjusting entries. By the end of the course, students should have a solid understanding of the basics of accounting and be able to apply accounting principles to record, analyze, and interpret financial information. This course serves as a foundation for more advanced accounting courses that delve into topics like financial statement analysis, cost accounting, and managerial accounting.
Fundamentals of Accounting II" is a continuation of the introductory accounting course, "Fundamentals of Accounting I." It builds upon the concepts and principles learned in the first course and delves deeper into the world of accounting. In "Fundamentals of Accounting II," students further explore topics related to financial accounting and reporting. The course typically covers the following areas: Income Measurement and Revenue Recognition: Students learn about the recognition and measurement of revenue and expenses, including the different methods used to determine when revenue should be recognized. They also learn about the concept of accruals and deferrals. Inventory Valuation: This topic covers various methods of valuing inventory, such as the First-In, First-Out (FIFO) method, Last-In, First-Out (LIFO) method, and weighted average cost method. Students learn how to calculate the cost of goods sold and the value of ending inventory using these methods. Long-Term Assets: Students learn about the accounting treatment of long-term assets, such as property, plant, and equipment. They understand concepts like depreciation, amortization, and impairment, and how to calculate and record these values. Liabilities and Debt Financing: This section focuses on understanding and recording different types of liabilities, such as accounts payable, loans, and bonds. Students learn about the time value of money, present value calculations, and how to record interest expense. Financial Statement Analysis: Students learn how to analyze financial statements using various ratios and metrics. They understand how to interpret the financial health and performance of a company based on its financial statements. Statement of Cash Flows: This topic covers the preparation and analysis of the statement of cash flows, which shows the sources and uses of cash during a specific period. Students learn how to classify cash flows into operating, investing, and financing activities. "Fundamentals of Accounting II" aims to deepen students' understanding of accounting principles and their application in real-world scenarios. By the end of the course, students should have a solid grasp of more advanced accounting concepts and be better prepared for further study or practical application in the field.
"Fundamentals of Information Systems" is a course that introduces the basic concepts and principles of information systems. It covers the fundamental knowledge and skills needed to understand and use information systems effectively. In this course, students typically learn about the following topics: Introduction to Information Systems: This section provides an overview of information systems, including their purpose, components, and role in organizations. Students learn about the different types of information systems, such as transaction processing systems, management information systems, and decision support systems. Information Systems Development: This topic covers the process of developing information systems, including system analysis, design, implementation, and maintenance. Students learn about the different methodologies and techniques used in system development, such as the waterfall model and agile development. Database Management Systems: This section focuses on databases and how they are used to store and manage data. Students learn about database design, normalization, querying data using Structured Query Language (SQL), and the importance of data integrity and security. Networking and Telecommunications: This topic introduces students to the basics of computer networks and telecommunications. They learn about network components, protocols, and technologies, as well as the importance of network security and the internet. E-commerce and E-business: This section covers the use of information systems in electronic commerce and electronic business. Students learn about online transactions, online payment systems, security issues in e-commerce, and the benefits and challenges of conducting business online. Ethical and Legal Issues in Information Systems: This topic explores the ethical and legal considerations related to information systems. Students learn about privacy, intellectual property, cybersecurity, and the impact of information systems on society. "Fundamentals of Information Systems" aims to provide students with a solid foundation in understanding the role of information systems in organizations and society. By the end of the course, students should be able to analyze business problems, evaluate information system options, and make informed decisions regarding the use of technology to achieve organizational goals.
Introduction to Management is a course or subject that provides an overview of the basic principles, concepts, and theories related to managing organizations and people. It covers the fundamental aspects of planning, organizing, leading, and controlling within an organizational context. The course aims to equip individuals with the knowledge and skills needed to effectively manage teams, projects, and resources.
Some key topics covered in an Introduction to Management course may include:
1. Functions of Management: Exploring the four functions of management, namely planning (setting goals and developing strategies), organizing (allocating resources and designing structures), leading (influencing and motivating individuals), and controlling (monitoring progress and making adjustments).
2. Organizational Structure: Understanding different types of organizational structures, such as hierarchical, matrix, and network structures. This includes learning about the division of labor, authority, and decision-making processes within an organization.
3. Leadership and Communication: Examining various leadership styles, communication techniques, and strategies for effective team management. This involves understanding the importance of clear communication, motivation, conflict resolution, and building positive relationships within a team or organization.
4. Decision-Making: Exploring the decision-making process and different approaches to making decisions in a management role. This includes understanding the role of data analysis, problem-solving techniques, and evaluating alternatives to make informed choices.
5. Human Resource Management: Learning about the basics of managing people within an organization. This includes topics like recruitment and selection, training and development, performance evaluation, and employee motivation.
6. Strategic Management: Introducing the concept of strategic management, which involves setting long-term goals, formulating strategies, and implementing plans to achieve organizational objectives. This includes understanding the external environment, conducting SWOT analysis, and making strategic choices.
These are some of the key topics covered in an Introduction to Management course. The course aims to provide a foundation in management principles and prepare individuals for future roles in leadership and organizational management.
Macroeconomics is the branch of economics that deals with the study of the overall behavior and performance of an economy as a whole. It focuses on analyzing aggregate economic variables such as gross domestic product (GDP), inflation, unemployment, and economic growth. In macroeconomics, we look at the big picture and examine how different factors like government policies, international trade, fiscal and monetary policies, and market forces impact the economy. The goal is to understand the complex interactions between various economic agents, such as consumers, businesses, and the government, and how their decisions affect the overall economy. Some key concepts and topics in macroeconomics include: GDP (Gross Domestic Product): GDP measures the total value of all goods and services produced within a country's borders over a specific period. It is used as an indicator of a country's economic performance. Inflation: Inflation refers to the general increase in the prices of goods and services over time. Macroeconomists study the causes and consequences of inflation and its impact on purchasing power and the economy as a whole. Unemployment: Unemployment measures the number of people who are actively seeking employment but are not currently employed. Macroeconomists analyze the causes of unemployment and study its impact on the economy, including its social and economic costs. Fiscal Policy: Fiscal policy refers to the use of government spending and taxation to influence the overall economy. Macroeconomists study how changes in government spending and tax policies affect aggregate demand, economic growth, and employment. Monetary Policy: Monetary policy deals with the management of the money supply and interest rates by the central bank. Macroeconomists analyze how changes in monetary policy influence borrowing, investment, inflation, and overall economic activity. International Trade and Exchange Rates: Macroeconomists study the impact of international trade and exchange rates on the economy. They analyze factors like balance of trade, exchange rate fluctuations, and the effects of trade policies on economic growth and employment. Understanding macroeconomics is crucial for policymakers, businesses, and individuals to make informed decisions and manage the economy effectively. It helps in analyzing, predicting, and influencing the overall economic conditions and trends.
Mathematics plays a crucial role in the field of finance, helping to analyze and model various financial concepts and problems. Here are some key areas of mathematics that are important in finance: Arithmetic and Algebra: Basic arithmetic operations (addition, subtraction, multiplication, division) and algebraic concepts (equations, variables, functions) are fundamental in finance for calculations, solving equations, and analyzing financial data. Probability and Statistics: Probability theory is used to assess the likelihood of different outcomes in uncertain financial situations. Statistics helps in collecting, analyzing, and interpreting financial data, and making informed decisions based on the results. Calculus: Calculus is used in finance for studying rates of change and optimization problems. Concepts like derivatives (rates of change) and integrals (accumulation) are important for understanding financial growth, interest rates, and risk management. Linear Algebra: Linear algebra is used in finance for solving systems of equations and analyzing relationships between variables. It helps in portfolio optimization, asset pricing models, and risk management. Differential Equations: Differential equations are used to model and study dynamic systems in finance, such as interest rate models, option pricing models, and economic forecasting models. Numerical Methods: Numerical methods involve using algorithms and computer programming to solve complex financial problems. These methods are used for valuation models, risk management, and optimization. By understanding and applying mathematical concepts in finance, professionals can analyze financial markets, price derivatives, manage risks, optimize portfolios, and make informed investment decisions.
Risk management is the process of identifying, analyzing, and minimizing potential risks that could negatively impact an organization or individual. Insurance is one of the tools used in risk management to transfer the financial burden of potential losses to an insurance company.
In risk management, the following steps are typically followed:
1. Risk Identification: Identify potential risks that could affect an organization or individual. This involves conducting a thorough analysis of various aspects, such as operations, assets, financials, and external factors.
2. Risk Assessment: Assess the likelihood and impact of each identified risk. This helps in prioritizing risks and focusing on those with the highest potential impact.
3. Risk Mitigation: Implement strategies to reduce or eliminate identified risks. This can involve implementing safety measures, creating contingency plans, diversifying investments, or implementing internal controls.
4. Risk Transfer: Transfer the financial burden of potential losses to an insurance company through insurance contracts. By paying premiums, individuals or organizations can protect themselves against specific risks.
Insurance is a contract between an individual or organization (the insured) and an insurance company (the insurer). Through insurance, the insurer agrees to compensate the insured for covered losses in exchange for the payment of premiums.
Types of insurance commonly used for risk management include:
1. Property Insurance: Covers damage to property (e.g., buildings, equipment) due to fire, theft, natural disasters, etc.
2. Liability Insurance: Covers legal liabilities arising from third-party claims against the insured for bodily injury, property damage, or other liabilities.
3. Life Insurance: Provides financial coverage in the event of the insured's death, offering protection to the insured's family or beneficiaries.
4. Health Insurance: Covers medical expenses and provides financial protection against healthcare costs.
5. Disability Insurance: Provides income replacement if the insured becomes disabled and unable to work.
Insurance companies use mathematical models and statistical analysis to assess risks, determine premiums, and estimate potential losses. This involves analyzing historical data, mortality rates, accident rates, and other factors to quantify risks accurately.
Statistics for Finance is a branch of statistics that focuses on applying statistical techniques and methods to analyze financial data and make informed decisions in the field of finance. It involves using statistical tools to understand and interpret financial data, assess risks, and make predictions or forecasts.
Some key statistical concepts and techniques used in finance include:
1. Descriptive Statistics: Describing and summarizing financial data using measures like mean, median, mode, standard deviation, and variance.
2. Probability Distributions: Understanding and modeling the distribution of financial variables using probability distributions like the normal distribution, log-normal distribution, and others.
3. Hypothesis Testing: Making inferences and testing hypotheses about financial parameters using techniques like t-tests, chi-square tests, and analysis of variance (ANOVA).
4. Regression Analysis: Examining the relationship between financial variables using regression models to estimate and predict values based on historical data.
5. Time Series Analysis: Analyzing financial data that is collected over time to identify patterns, trends, and seasonality using techniques like autoregressive integrated moving average (ARIMA) models.
5. Portfolio Analysis: Evaluating and managing investment portfolios by analyzing the risk and return characteristics of different assets using techniques like mean-variance optimization, capital asset pricing model (CAPM), and value at risk (VaR).
These are just a few examples of how statistics is applied in finance. The field of finance relies heavily on quantitative analysis, and statistical methods play a vital role in decision-making, risk assessment, and financial modeling.
Statistics for Finance II typically refers to a continuation or advanced course in statistics that specifically focuses on applying statistical techniques in the field of finance. It builds upon the foundational concepts and techniques covered in Statistics for Finance I.
In Statistics for Finance II, you might delve deeper into topics like:
1. Advanced Regression Analysis:Exploring advanced regression techniques such as multiple regression, time series regression, and nonlinear regression to model complex relationships between financial variables.
2. Multivariate Analysis: Analyzing multiple financial variables simultaneously to understand dependencies and correlations between them. Techniques like principal component analysis (PCA) and factor analysis might be used to identify common underlying factors.
3. Risk Management: Going beyond basic risk assessment methods and studying advanced techniques like conditional value at risk (CVaR), stress testing, and scenario analysis to assess and manage financial risk.
4. Financial Econometrics: Combining statistics and economics to model and analyze financial data, with a focus on time series analysis, forecasting, and understanding the relationship between economic variables and financial markets.
5. Derivative Pricing: Applying statistical techniques to price and value financial derivatives such as options, futures, and swaps. This involves using concepts from stochastic calculus, probability theory, and statistical modeling.
6. Quantitative Investment Strategies: Exploring quantitative models and strategies used in finance, including statistical arbitrage, pairs trading, and factor-based investing.
These are just a few examples of the advanced topics that might be covered in Statistics for Finance II. The course aims to provide you with a deeper understanding of statistical techniques and their application in the specific context of finance.
It is a course in basic statistics with statistical methods, and statistical inference which have become useful tools in every field of knowledge. The former generally describes the group characteristics of the particular data, and the latter describes the judgments based on statistical analysis. Besides, it includes Introduction; data collection and presentation; measures of central tendency and dispersion; Probability and probability distribution.
Introduction to Management is a course or subject that provides an overview of the basic principles, concepts, and theories related to managing organizations and people. It covers the fundamental aspects of planning, organizing, leading, and controlling within an organizational context. The course aims to equip individuals with the knowledge and skills needed to effectively manage teams, projects, and resources.
Some key topics covered in an Introduction to Management course may include:
1. Functions of Management: Exploring the four functions of management, namely planning (setting goals and developing strategies), organizing (allocating resources and designing structures), leading (influencing and motivating individuals), and controlling (monitoring progress and making adjustments).
2. Organizational Structure: Understanding different types of organizational structures, such as hierarchical, matrix, and network structures. This includes learning about the division of labor, authority, and decision-making processes within an organization.
3. Leadership and Communication: Examining various leadership styles, communication techniques, and strategies for effective team management. This involves understanding the importance of clear communication, motivation, conflict resolution, and building positive relationships within a team or organization.
4. Decision-Making: Exploring the decision-making process and different approaches to making decisions in a management role. This includes understanding the role of data analysis, problem-solving techniques, and evaluating alternatives to make informed choices.
5. Human Resource Management: Learning about the basics of managing people within an organization. This includes topics like recruitment and selection, training and development, performance evaluation, and employee motivation.
6. Strategic Management: Introducing the concept of strategic management, which involves setting long-term goals, formulating strategies, and implementing plans to achieve organizational objectives. This includes understanding the external environment, conducting SWOT analysis, and making strategic choices.
These are some of the key topics covered in an Introduction to Management course. The course aims to provide a foundation in management principles and prepare individuals for future roles in leadership and organizational management.
This course focuses on the basic concepts and principles of management, the functions of planning, organizing, staffing, directing and controlling, and their relationships to key issues in management practices, such as leadership and motivation. Decision making and effective communication are also discussed.
Course Description Nothing is more persistent in our life than change. From our childhood we experience permanent change in our life, in the communities’ webelong to, in the organizations we work and in the environment we live as well. Yet, it is one decision that management finds difficult to make and implement- and when a change is made, it is often one of the most resisted decisions by employees though it is inevitable. Organizations that handle change well thrive, while those that don’t adapt themselves to change become history. Therefore, to be effective and efficient enough, managers must anticipate and prepare for the change. To equip you, the near future practioners and academicians, this course encompasses various stop ics including the overview of change management, the nature of change, theories of Change ,approaches to managing organizational change, emerging trends in change management, managing the people issue, the link between change, stress and conflict.
Course Description Operations Management the heart of all management disciplines which bring competitive advantage and market focus for all business organization. Thus, the course covers Meaning of operations and production management, operations management as competitive weapon, product and service design, quality and quality control, capacity planning, location decision, layout decision, aggregate planning, scheduling, work design, and time-based operations.
Course Description This course is devised in the way that both economic theories and mathematical tools which are critical in making decisions to resolve managerial problems irrespective of the fact that they are of either profit oriented, non-profit oriented, private, public, large, or small organizations and/or institutions. The course, having the set of mathematical techniques and economic theories and principles, will give students a deeply grounded insight on such matters as to what combination of those theories and techniques should they employ in what situations in making attempts to address managerial problems. This course deals with features of market structure and decision making, business and economic forecasting, econometric model of input output analysis, optimization theory, basic estimation techniques, and pricing of goods and services, which helps to promote the development of analytical and critical thinking skills of students.
Course Description Project analysis and Management involves systematically incorporating the interests of customers, creating a disciplined way of prioritizing efforts and resolving tradeoffs, working concurrently on all aspects of the project in multifunctional teams and downstream activities. To this end, the course is designed to teach students the fundamentals of project formulations, appraisal, executive, planning and analysis of projects, the project cycle, market and demand analysis, raw material and supply study, location, site, and environmental assessment, production plan and plant capacity, technology and engineering study, financial & economic analysis , appraisal criteria, project financing, documentation, implementation monitoring and evaluation.
Course Description This course is devoted to identifying and describing the various strategies a company can pursue to achieve superior performance. Many of these strategies are generic – that is, they apply to all organizations, large or small, manufacturing or service, and profit seeking or not for profit. The central aim of this course is to give a thorough understanding of the analytical techniques and skillsnecessarytoidentifyandexploitstrategiessuccessfully.Specifically,thecoursecovers;the meaning & role of strategic management, natuk2re of strategic management, strategy formulation &implementation, environmental scanning, understanding of corporate, competitive functional and operating level strategies, strategy implementation, evaluation and control and also social and ethical responsibilities of corporate management.
An MBA thesis refers to a research project or academic paper that students pursuing a Master of Business Administration (MBA) degree are typically required to complete. It serves as a culmination of their studies and demonstrates their ability to apply their knowledge and skills to a real-world business problem or topic.
The process of writing an MBA thesis typically involves the following steps:
1. Topic Selection: Choosing a research topic that aligns with your interests, career goals, and the requirements of your program. It's important to select a topic that is relevant, feasible, and has enough available information and resources for research.
2. Literature Review: Conducting a comprehensive review of the existing literature related to your topic. This involves reading and analyzing academic articles, books, and other relevant sources to understand the current state of knowledge and identify research gaps.
3. Research Methodology: Determining the appropriate research methodology for your study, such as qualitative, quantitative, or mixed methods. This includes selecting data collection methods, such as surveys, interviews, or data analysis, and outlining your research design.
4. Data Collection and Analysis: Collecting and analyzing data to answer your research questions or test your hypotheses. This may involve conducting surveys, interviews, experiments, or analyzing existing datasets. Statistical analysis or qualitative analysis techniques may be used, depending on the nature of your research.
5. Results and Findings: Presenting and interpreting your research findings in a clear and concise manner. This includes summarizing and analyzing the data, discussing the implications of your results, and drawing conclusions based on your research.
6. Discussion and Conclusion: Reflecting on the significance and implications of your research findings. This involves discussing the limitations of your study, suggesting areas for further research, and providing recommendations based on your findings.
Course Description This course aims at giving an exposure to the real time marketing activities. It demonstrates the role of marketing in various industries; to explore the relationship of marketing with other management areas; and to show how effective marketing builds on a complete understanding of marketing techniques. The main focus will be on marketing conceptual framework, the marketing environment, types of markets, product decision, product development, branding and packaging, pricing decisions, factors influencing' pricing, pricing techniques, distribution decision: channel and physical distribution decision, promotion decision: types of promotional messages and media.
Course Description Human Resource management belongs to all organizations. Its focal point is people; people are the lifeblood of organizations. Hence, this course is designed to offer conceptual framework and insights that can be used in managing this human resource. It emphasizes on: overview of HRM (emerging HR challenges; changing role of HR; the evolution, importance, scope and component of HRM), human resources planning and development, attracting the talent (recruitment, selection of personnel), induction, placement, training and development; performance planning and appraisal; wage and salary administration and/or the human factor in work design & compensation plans & incentive schemes (reward system); morale and motivation; discipline; maintenance and safety; industrial relations; collective bargaining; grievances and grievance handling; HRM in multinational (& transitional) enterprises. It also focuses on newly emerging issues of Human resource like diversity and its management, empowerment, HIV/AIDS and the workplace.
Course Description This course deals about concepts and conventions, and analytical issues of financial and managerial accounting. It exposes students to the environment of accounting and its role in providing useful information for decision making by various stakeholders of business organizations. By the end of the course, students should be able to appreciate the role, scope and value of information for managing business organizations towards achieving their goals. This course is designed to introduce students to the assumptions, principles, and practice of financial accounting. The course content consists of a mix of descriptive material, financial accounting rules, and the application of these rules to various business situations. Topics include a detailed discussion of the accounting cycle, accounting for assets, liabilities, and shareholders’ equity, and financial statement analysis. The course is part of the foundation for all advanced business school classes, and as such is of great importance for building a successful business career.
Course Description Operations Research (OR) as one of the quantitative aid to decision making offers the decision- maker a method of evaluating every possible alternative (act or course of action) by using various techniques to know the potential outcomes. It includes Models and modeling, linear programming, transportation models, assignment models, decision models, project management techniques, and queuing models
Course Description Most organizations today are in the process of designing, developing and implementing numerousinformationtechnologies(IT)basedsystemstosupportemployeesintheir decision-makingtasks.Successfullyachievingthisobjectiverequiresanunderstanding not only of the hardware, software and design aspects of such a System or of the complex mathematicalandstatisticalmodelsthatarefundamentaltoaDSS'sclaimofsuperior decisions,butalsoofhumandecision-makingandtheorganizationalcontextwithin which decisions are made. This course provides an overview of information systems in the business world. It is intended to provide students in the MBA program with affirm grasp of the function of computer-based information systems in modern business organizations. It presents an organizational view of how to use information technology to create competitive firms, manage global organizations, and provide useful products and services to customers.
Course Description The objective of the course is to familiarize the student with the international environment, the impact of diversity of culture on international and global trade. The factors that influence international business and the way of sourcing resources from the international markets, the way how human resource may be recruited for the international business. This course also focuses on the value of interactions in international business and its consequent impact on international trade relationships, a broader perspective espouses that international relationships should be the paradigm of business. The impact of MNCs on trade will be discussed under this topic.
This course is a survey course intended to develop the students’ ability in scientific analysis and to provide opportunity for application of concepts and tools in the study of economic and social problems. It also gives students a preliminary knowledge with the art of using different research methods, techniques in solving research problems. Specifically, it covers scientific inquiry; experimentation; survey; fact finding, design of questionnaire and interpretation of data; and formulation of management research project by students.
Course Description The course organizational behavior is a field of study that investigates the impact those individuals, groups and organization structure has on behavior within organizations; and the application of this knowledge to improve productivity and job satisfaction in an organization. Organizational behavior uses systematic study to improve behavior so as to increase productivity and employee satisfaction. This course deals with theories of organizations, environment and organizational goal setting, organizational Behavior, individual attitude and perceptions, individual and group attributes in organizational behaviors, group dynamics, group and team formation, power and politics, conflict, and conflict management.
Course Description This course is devoted to identifying and describing the various strategies a company can pursue to achieve superior performance. Many of these strategies are generic – that is, they apply to all organizations, large or small, manufacturing or service, and profit seeking or not for profit. The central aim of this course is to give a thorough understanding of the analytical techniques and skillsnecessarytoidentifyandexploitstrategiessuccessfully.Specifically,thecoursecovers;the meaning & role of strategic management, natuk2re of strategic management, strategy formulation &implementation, environmental scanning, understanding of corporate, competitive functional and operating level strategies, strategy implementation, evaluation and control and also social and ethical responsibilities of corporate management.
Management Information Systems (MIS) is a field that focuses on the use of technology, systems, and information to support decision-making, business operations, and strategic planning within an organization. It involves the design, development, implementation, and management of information systems that can effectively collect, process, store, and distribute information to support various business functions.
Here are some key aspects of Management Information Systems:
1. Data Management: MIS involves managing data and information within an organization. This includes collecting, organizing, storing, and retrieving data from various sources. It also involves ensuring data quality, security, and privacy.
2. System Design and Development: MIS professionals design and develop information systems that meet the specific needs of an organization. This includes selecting appropriate hardware, software, and networking technologies to support business processes and information flows.
3. Decision Support:MIS provides decision support by providing relevant and timely information to managers and decision-makers. This helps them make informed decisions and solve complex business problems.
4. Business Intelligence: MIS utilizes tools and techniques to analyze and interpret data, enabling organizations to gain insights and make data-driven decisions. This includes data visualization, reporting, and predictive analytics.
5. Enterprise Resource Planning (ERP): ERP systems are an important component of MIS. They integrate various business processes and functions, such as finance, human resources, sales, and supply chain management, into a unified system. This helps streamline operations and improve efficiency.
6. Strategic Planning: MIS supports strategic planning by providing managers with information about market trends, competitors, and customer behavior. This enables organizations to make informed decisions and develop effective strategies for growth and sustainability.
7. Security and Risk Management: MIS professionals are responsible for ensuring the security and integrity of information systems. This includes implementing security measures, conducting risk assessments, and developing disaster recovery plans.
Product and pricing management involves the strategies and processes used by businesses to effectively manage their products/services and set appropriate prices for them. It plays a crucial role in achieving profitability, market competitiveness, and customer satisfaction. Here are some key aspects of product and pricing management:
1. Product Management: This involves the development, positioning, and lifecycle management of products/services. It includes activities such as market research, product planning, defining product features, branding, and packaging. Product managers are responsible for understanding customer needs, defining product requirements, and ensuring that products meet those requirements.
Product Portfolio Management: This refers to the management of a company's entire range of products/services. It involves analyzing the performance of products in terms of sales, profitability, and market share. Based on the analysis, decisions are made regarding product improvements, discontinuation, or introduction of new products/services to the portfolio.
3. Pricing Strategy: Pricing strategy involves determining the optimal price for a product/service to maximize revenue and profitability. Factors considered in pricing decisions include the cost of production, competitive landscape, customer demand, and perceived value of the product/service. Pricing strategies can be based on cost-plus pricing, value-based pricing, competitive-based pricing, or a combination of these.
4. Pricing Models: There are different pricing models that businesses can use, depending on their objectives and the nature of their products/services. Some common pricing models include one-time purchase pricing, subscription pricing, freemium pricing, tiered pricing, and dynamic pricing. Each model has its own advantages and considerations.
5. Competitive Analysis: Understanding the pricing strategies and practices of competitors is crucial for effective product and pricing management. Analyzing competitor pricing helps businesses position their products/services in the market and determine pricing differentiators.
6. Price Optimization: Price optimization involves using data and analytics to determine the most profitable pricing for a product/service. It takes into account factors such as demand elasticity, market conditions, customer behavior, and cost structures. Price optimization enables businesses to set prices that maximize revenue and profit margins.
7. Pricing Execution and Monitoring: Once prices are set, it's important to implement and monitor them effectively. This involves tracking sales data, customer feedback, and market trends to evaluate the performance of pricing strategies. Regular monitoring allows for adjustments and improvements to pricing decisions.
Successful product and pricing management requires a deep understanding of customer needs, market dynamics, and business goals. It involves continuous analysis, adaptation, and optimization to ensure that products/services are competitive, profitable, and meet customer expectations.
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National Research Conference.
Research Workshop on March 03-2024
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1st National Academic Conference
Shalom Business and Technology College celebrated Christmas with underprivileged people who made their living on the streets!
It is allowed to participate for our students
3rd Convocation (Graduation)
Shalom news (national research conference)
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