term 3 syllabus

8/7/2019 term 3 syllabus

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Trimester-III Code

1. Human Resource Management 301

2. Research Methodology 302

3. Financial Management 303

4. Management Information System 304

5. Legal Aspects of Business 305

6. Production & Operation Management 306



INJ BUSINESS SCHOOL

PGDM (2010-12)

HUMAN RESOURCES MANAGEMENT (301)

OBJECTIVES:To provide the students the basic knowledge of Human Resources Management and

develop insight into the management skills required to effectively manage in an

organization, in order to achieve cor porate goals successfully.

UNIT 1

Introduction: Meaning, scope, objectives and importance of Human Resource

Management, difference between Personnel Management and HRM- Strategic HRM- role of

a HR Manager. Personnel Management, its functions, policies & roles. Role of HR in

Organization effectiveness. Human Resource Management practices in India.

UNIT 2

Human Resource Planning : Objectives, Importance- HRP Process, methods and techniques

of forecasting the demand and supply of man power, Manpower Estimation -Job analysis-Job

Description-Job Specification. Different Sources of Recruitment-Selection Process-

Placement and Induction-Retention of employees.

UNIT 3

Management people through training & development : Objectives and Needs ofTraining

Process, Methods of Training Tools and Aids-Evaluation of Training Programs. Evaluation of

Training Program. Performance Management System-Definition, Concepts and Ethics-

Different methods of Performance Appraisal- Rating Errors, 360

UNIT 4

New Trends in Human resource Management : Human resource audit; human resource

accounting; compensation- aims and components, factors determining pay rates;

establishing pay rates; industrial relations; industrial disputes and dispute resolution; trade

unions; employee grievances and discipline; employee empowerment.

SUGGESTED READINGS:

1. G. Dessler, Human Resource Management, Pearson Education Asia, N. Delhi .

2. Jan Beardwell and Len Holden, Human Resource Management, A Contemporary

Perspective, Mac Millan, New Delhi

3. E, Ramaswamy; Managing Human Resources, Oxford University Press, N. Delhi.4. John Ivancevich, Human Resource Management, Tata McGraw Hill, N. Delhi.

5. Lais R.Gomez-Mejia, David B.Balcin, Robert L.Cardy, Managing Human Resource,



INJ BUSINESS SCHOOL

PGDM (2010-12)

RESEARCH METHODOLOGY (302)

OBJECTIVES:To familiarize the students with the concept, significance and application of research

methodology which stresses the importance of research methods in business. Imbibing the

knowledge of the changing research methodologies and information technologies which

have dramatically changed the nature of research. To assist managers in making increasingly

complex decisions on goals, strategies, and tactics for everyday managerial life.

UNIT 1

Business Research Concept, Applications in the Various Functions of Management , Types,

Process and Design; Measurement and Scaling Concepts; Sampling Probability and Non-

probability, Determination of Sample Size.

UNIT 2

Data Collection & Processing Primary and Secondary Data; Preparation of Questionnaire

and Schedule, Precautions in Designing Questionnaire; Survey Methods and Errors in Surv ey

eResearch, Observation Method; Coding, Editing and Tabulation of Data.

UNIT 3

Hypothesis Testing Parametric Test of Significance t and z-test for One Sample, Two

Related Sample and Two Independent Sample, Analysis of Variance (ANOVA) One-way and

Two-way; Nonparametric Test of Significance Chi-square test for One Sample and Two

Independent Sample, McNemar test for Two Related Sample (Data Analysis with SPSS).

UNIT 4

Report Preparation Types and Layout of Research Report, Precaution in Preparing the

Research Report, Presentation of Report Guidelines and Visuals Formats.

SUGGESTED READINGS:

1. William G. Zikmund Business Research Methods (Cengage Learning)

2. Cooper and Schindler Business Research Methods (Tata McGraw Hill)

3. Carver and Nash Data Analysis with SPSS (Cengage Learning)

4. Churchill, Iacobucci and Israel Marketing Research (Cengage Learning)

5. Zikmund and Babin Marketing Research (Cengage Learning)

6. Cooper and Schindler Marketing Research (Tata McGraw Hill)7. Collis and Hussey Business Research (Palgrave)



INJ BUSINESS SCHOOL

PGDM (2010-12)

FINANCIAL MANAGEMENT (303)

OBJECTIVES:

To make the students familiar with financial theory, systematic and concise description of major

techniques used in long-term corporate investment management and Understanding and solving

basic financial problems by extending the conceptual and analytical analysis guiding the investment,

financing and dividend decisions of the firm.

UNIT 1

Introduction: Nature of Finance Function- Traditional and Modern Approach Objectives of Financial

Management- profit maximization vs. wealth maximization, value maximization. Concepts of risk and

return. Time value of money.

UNIT 2

Capital Investment Decision : Nature of Investment Decisions. Meaning of Capital Budgeting.

Techniques of evaluation of Investment Projects- Accounting Rate of Return, Pay Back Method,

Profitability Index Method, Net Present Value (NPV), Internal Rate of Return (IRR), cash flows for

projects

UNIT 3

Planning Funds Requirements : Nature and Significance of Financial Plan. Cost of Capital- Cost of

equity shares. Preference shares, Cost of debt, Overall Cost of Capital- Historical and Market

Weights.

UNIT 4

Operating and Financial Leverage. EPS-EBIT Analysis, Capital Structure Design, Dividend Policies ,

Bonus Shares.

SUGGESTED READINGS:

1. I. M. Pandey, Financial Management, Vikas Publishing House, N.Delhi.

2. M. Y. Khan and P. K. Jain, Financial Management, Tata McGraw Hill, Delhi

3. Engene F. Brigham and Joel F. Houston, Fundamentals of Financial Management,

Thomson SouthWestern, Ohio.

4. Van Horne, Financial Management and Policy, Prentice Hall of India, N. Delhi.

5. Prasanna Chandra, Financial Management, Tata McGraw Hill, N. Delhi



INJ BUSINESS SCHOOL

PGDM (2010-12)

MANAGEMENT INFORMATION SYSTEM (304)

OBJECTIVES:

Understand the purpose and scope of Management Information Systems and be able todesign information systems at the conceptual level using related models.

UNIT 1

Changing Scenario of Management, Strategies, Strategic Information System- An

Introduction to Information Systems (IS), IT in Organizations, Understandin g Data and

Information, System Concepts, Open System, Closed System, Business as a System,

Classification of IS in organization, Advantages & Disadvantages, Current scenario Need of

IS, Use of IS by Managers.

UNIT 2

IT Organization Design: Information and Competitive Advantage, Focused Differentiation -

Software Design Life Cycle (System analysis of existing system, New requirement, Systemdevelopment Model, Phases in SDLC, OOAD), Development Process Model (Waterfall, RAD,

Prototyping), Software Development Project Management, Quality Management using IT,

Focused Strategies (Make, Buy, Outsource).

UNIT 3

Understanding IT Infrastructure Database- Database basics, DBMS & RDBMS, Data Flow &

Information Flow (DFD), Entity Relationship Diagram (ERD). Emerging Technology: RFID,

SOA, Cloud Computing.

UNIT 4

Information Based Support System- Use of Information Systems. Types of MIS (HRIS, MkIS,

PIS, FIS, etc). DSS, EIS, Strategic Design of MIS (Balance Score Card, Score Card, Dash board,

etc). E-Commerce and M-Commerce, Enterprise Management System, Enterprise

Resource Planning, Benefits of ERP, ERP basic features, Data warehousing and Business

Intelligence, Knowledge Management ,

*Note-Applications of MIS in functional areas as well as in the service sector should be

covered with the help of minimum 5 case studies. Emphasis should be given on

management oriented problems and cases as compared to technical problems expected

from computer science/ computer management students.

SUGGESTED READINGS:

1. Laudon K C and Laudon J P - M I S: Managing the Digital Firms (Prentice Hall,1st Ed.)

2. Analysis and Design of Information Systems, Rajaraman, Prentice Hall

3. Management Information Systems, Schulthesis, Tata McGraw Hill

4. Management Information Systems - Sadagopan, Prentice Hall

5. Management Information Systems - Jayant Oke

6. OBrien James - Management Information System (Tata Mc Graw Hill, 12th Ed.)

7. JawedkarW S - Management Information System (Tata Mc Graw Hill, 3rd Ed.)

8. Arora Ashok, Bhatia Akshaya Management Information System (Excel, 1st Ed.)



INJ BUSINESS SCHOOL

PGDM (2010-12)

LEGAL ASPECT OF BUSINESS (305)

OBJECTIVES:

To educate the students about the commercial laws that govern the business in the countryand to provide them with the understanding and capability to appreciate Legal documents,

agreements etc. The course has been designed to enable the students to have knowledge

regarding legal aspect of business and developing potential to understand the implications

of legal provisions.

UNIT 1

Indian Contract Act 1872

Indian Contract Act 1872: Requirement of a Valid Contract; Offer, Acceptance;

Consideration; Types of Contracts; Contingent Contract; Quasi Contract; Discharge of

Contract; Remedies of Discharge of Contract; Contract of Bailment and Pledge; Law of

Agency

UNIT 2

Sales of Goods Act, 1930

Sale and Agreement to sell; Contract of Sale; Price; Conditions & Warranties; Rights of

unpaid Seller; Doctrine of Caveat Emptor

Negotiable Instruments Act 1881

Meaning and types of Negotiable Instruments: Promissory Note, Bill of Exchange, and a

Cheque.; Notice of dishonor; Penalties in case of dishonour of a cheque

UNIT 3

Indian Partnership Act, 1932

Meaning of Partnership; Relations of Partners to each other; Relations of Partners to third

Parties; Dissolution of a firm; Limited Liabilities Partnership Concept

UNIT 4

Company Act 1956

Meaning, Characteristics & types of Companies; Incorporation of companies; Company

meeting; Meeting of Board of Directors; Annual General Meeting; Statutory Mee ting and

Extra Ordinary General Meeting.; Company Management: Directors, Whole time-Directors

Managing directors, Manager & Company Secretary

SUGGESTED READINGS:

1. N.D. Kapoor: An Introduction to Mercantile Laws, Sultan Chand & Sons

2. N.K. Jain, Company Law, Deep & Deep Publications Pvt. Ltd

3. A. Pathak: Legal Aspects of Business, The McGraw-Hill Companies

4. Alix Adam: Law for Business Students (5 ed.), Pearson Publication

5. Avtar Singh: Company Law, Eastern Book Company.



INJ BUSINESS SCHOOL

PGDM (2010-12)

PRODUCTION & OPERATIONS MANAGEMENT (306)

OBJECTIVES:

To familiarise the students with operations in terms of inputs, processes, outputs,

information flows, suppliers and customers, its fundamental to both manufacturers and

service providers, how various models of operations research assist in taking POM decisions,

challenges facing POM in global operations and strategic importance of supply chain

management and give real examples of its application in manufacturing and service

industries.

UNIT 1

Production and Operations Management An overview, Definition of production and

operations management, Transformation process model: Inputs, process and outputs ,

Trends and challenges in Operations Management, Responsibilities of Operations Manager,

Plant Location, Layout Planning.

UNIT 2

Process types in manufacturing: project, jobbing, batch, line, mass, continuous; Process

types in services: professional services, services shops, mass services;

UNIT 3

Production Planning techniques, Routing Decisions, linear programming, Scheduling types &

principles, transportation model, Inventory Management Objectives, Factors, Process,

Inventory control techniques-ABC, EOQ.Work study, Method study,Work Measurement.

UNIT 4

Quality management: Introduction; Meaning; Quality characteristics of goods and services;

Tools and techniques for quality improvement: check sheet, histogram, scatter diagram,

cause and effect diagram, Pareto chart, process diagram, statistical process control chart;

Total quality management (TQM) model; Service quality, concept of Six Sigma and its

application.

SUGGESTED READINGS

1. Adam Jr Everetl E. R J Production and Operations Management (Prentice-Hall, 2000,

5th Edition

2. Lee J Krajewiski, Larry P Ritzman, Operations Management : Strategy & Analysis

3. Chunawalla/Patel, Production and Operations Management, H Publishing House.4. Buffa & Sarin, Modern Production/Operations Management,Wiley.

5. VK Kapoor, Operations Research

6. P C Tulsian, Vishal Pandey, Quantitative Techniques : Theory & problems

7. Chary - Production and Operations Management (Tata McGraw -Hill, 1997, 9th Edition)

term 3 syllabus

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