3rd SEM Syllabous

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    PGP_III_SEMESTER_2010-12_ISBE-B

    RELEASE DATE: APRIL 2011_SS

    PROGRAMME STRUCTURE FOR

    ISBE - B

    NO Subject Credit

    1. Business Policy & Competitive Strategy 2

    2. Executive Communication* 2

    3. Macro Economics* 2

    4. Organisation Development* 2

    5. Entrepreneurship & Small Business Management* 4

    SPECIALISATION: MARKETING

    6. Services Marketing 2

    7. Marketing Strategy 2

    8. International Marketing 2

    SPECIALISATION: HR MANAGEMENT

    9. Training & Development 2

    10. Group Dynamics 2

    11. Compensation Management 2

    SPECIALISATION: FINANCE

    12. Securities Analysis & Portfolio Management 2

    13. Insurance & Banking 2

    14. Management of Indian Financial Systems 2

    SPECIALISATION: MARKETING COMMUNICATION

    15. Advertising Creatives 2

    16. Direct Marketing & Communication 2

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    17. Below the Line Promotions 2

    SPECIALISATION: INFORMATION TECHNLOGY

    18. Business Intelligence 2

    19. Strategic Innovation Management 2

    20. Strategies for Managing Networked Business 2

    * The starred(*) papers have to be studied in addition to all the papers prescribed under the

    MS University syllabus. Thus a student will be examined for Business policy and strategic

    management course plus 3 specialization papers under MS University syllabus (For a total of8 credits). In addition he will appear for 4 more papers listed immediately after Business

    Policy paper (totaling to 10 credits). In all he will be examined in 8 papers totaling to 18

    credits. = 8 credit papers for MS University plus 10 credit papers for IIPM syllabus.

    BUSINESS POLICY & COMPETITIVE STRATEGY

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    UNIT 1.DEFINING BUSINESS POLICY

    Definitions, Kottr, Glueck & Jauch, Kenneth Andrews, Porter

    Strategy formulation techniques

    Discussion on planning for the present & future

    Demand forecasting techniques

    o Quantitative models: Averages, moving Trends, regression, factor analysis

    o Significance Tests: T-Test, Chi Square Test

    UNIT 2.CORPORATE LEVEL PLANNING Methods to define corporate mission

    o Druckers Model: Corporation definition, customers, value time relative position (Will and

    Should) as per Ansoffs Strategy Gap

    Identifying S.B.Us

    o Independence equation, management authority relevance

    Evaluating current business portfolio

    o Growth share matrices, BCG, GE Generic strategies: Build, hold, harvest, divest w.r.t stars,question marks, cash Cows, dogs

    Identifying new growth areas

    o Ansoffs strategy gap revisited, integrative strategies: horizontal, vertical

    intensive, ansoffs Model: Diversification, concentric, horizontal, conglomerate

    UNIT 3.BUSINESS LEVEL PLANNING

    Defining business mission

    o Druckers model revisited

    o Business Definition, Customers, Value

    o Time Relative Position (Will and Should) as per Ansoffs Strategy Gap

    o Relevance of Specificity w.r.t Corporate Mission Statement

    Internal Environment Analysis

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    o Core Competency Model of Prahlad

    o Filter Test for Determining Core Competencies

    o Filter Test for Determining Core in competencies

    External Environment Analysis

    o Industry Analysis Framework of Porter

    o Understanding 5 forces and 5 entities:

    - Customers, Suppliers, Potential Threats, Substitutes, Competitors

    o Proportionality Quotients as Defined by Porter

    o

    Barriers to Entry: Barriers to Production, Barriers to Marketing

    Goal Formulation

    o Sales, Market Share, Cash Flows, Profits

    o Relevance of PLC

    o Investment Center, Revenue Center, Cost Center, Profit Center, Cash Flow Center

    Strategy Formulation

    o Porters Generic Strategies

    - Cost Leadership: Comparison with Price Leadership, Emphasis on Production

    - Differentiation: Quality, Service, Style, Technology

    - Mutual Exclusivity of Generic Strategies

    - Focus Strategies as a Choice

    - Non-Focus Strategies as a Choice

    Program Definition

    o Blueprint for Action

    Implementation

    o McKinseys 7-S Framework:

    - Structure, Strategy, Systems, Staff, Style, Skills, Shared Values

    Feedback & Control

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    UNIT 4.BUSINESS PROCESS RE-ENGINEERING

    Process Improvement

    Process Re-Structuring

    Process Re-Engineering

    Process Transformation

    UNIT 5.NEWER DIMENSION FOR STRATEGIC PLANNING AND

    IMPLEMENTATION

    Blue Ocean strategy

    Balance score Card

    Competing for the future

    RECOMMENDED BOOKS:

    Azhar Kazmi: Business Policy and Strategic Management (2002:TMH)Vipin Gupta, Kamala Golla Kuta, and R. Srinivasan: Business Policy & Strategic Implementation

    (PHI: 2007)

    Competitive Advantage by Michael PorterMichael E. Porter: Competitive Strategy

    L.R.Jauch and W.F.Glueck: Business Policy and Strategic ManagementC.W.L. Hill and G.R.Jones: Strategic Management :An Integral Approach

    VSP Rao and V. Harikrishna : Strategic Management :Text and Cases

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    EXECUTIVE COMMUNICATION: MENTORING

    COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS

    COURSE CREDITS: 02

    1. BUSINESS PRESENTATION

    What, and how of business presentation

    2. PRESENTATION SESSION - 1 Students presentation (5 Minutes)

    Feedback by the faculty

    3. COMMUNICATION ACTIVITY - 1

    Facultys session on communication

    4. PRESENTATION SESSION - 2

    Students presentation (10 Minutes)

    Feedback by the faculty

    5. COMMUNICATION ACTIVITY - 2

    Facultys session on communication

    6. AIDS TO COMMUNICATION

    Group activities

    Management games

    7. PRESENTATION SESSION 3

    Students presentation (15 Minutes)

    Feedback by the faculty

    8. RESUME PREPARATION

    Ideal resume

    Resume writing exercise

    9. PRESENTATION SESSION 4

    Students presentation (30 Minutes)*(Note: This presentation shall be video recorded)

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    Feedback

    10. MONITORING OF PROGRESS

    Individual feedback sessions

    This session will be judged by a 3 member panel consisting of excom faculty,senior excom faculty, and a member of SMG team.

    Excom faculty will provide feedback on students performance. Senior faculty will

    inturn assess the performance of excom faculty. The SMG team member willprovide employability/placement index for the individual student.

    NOTES:

    An average PG level student at IIPM is expected to participate in the following exercises:- Individual Presentation

    - Debates

    - Practice interviews- Group discussion exercises

    - Miscellaneous sessions covering group based written, verbal, and non verbal

    communication exercises.

    * Every student will be given a CD recording of his performances in sessions (meant to be

    recorded) during trimesters I & II. This will enable him to see his own transformation as a

    speaker. Besides, alongwith this CD, by the end of trimester II all the students will be

    provided personalized written feedback on their progress.

    BASIC TEXTS:

    This course is 100% hands on practice oriented one. Hence the students dont have to refer

    to any texts. However, the students are strongly advised to consult their mentor to obtain

    tips on how to further improve their presentation skills.

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    MACRO ECONOMICS

    COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS

    COURSE CREDITS: 02

    1. INTRODUCTION (1 HR)

    Definition & scope of macroeconomics

    Income and its measurement; their interpretation

    Circular flow of income, output, and spending

    NI and allied measures for India

    2. INCOME DETERMINATION IN SHORT RUN: BASIC MODEL (2 HRS)

    Determinants of aggregate spending

    Equilibrium income

    Changes in income

    Concepts of inflation, unemployment, business cycle, multiplier, etc.

    3. INCOME DETERMINATION IN A FOUR SECTOR MODEL (2 HRS)

    Introduction of govt. in income determination model

    Income determination in an open economy

    Changes in income in a four sector model

    Govt. and external sector in Indian economy

    4. PRICE SETTING IN AD-AS FRAMEWORK(2 HRS)

    Aggregate demand, aggregate supply, and equilibrium Changes in income and price level

    5. INCOME AND PRICES IN THE LONG RUN (3 HRS)

    Induced changes in input prices

    Aggregate demand shocks and their consequences on income

    Income in short run and long run

    Business cycle and fiscal operations

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    Fiscal policy in India and its implications for income determination & change

    6. INSTITUTION OF MONEY IN A MODERN ECONOMY (2 HR)

    Definition, nature, role, and function of money

    Money and credit

    Banking system: A preliminary idea of credit creation

    Working of monetary and credit policy in India

    7. MONEY IN MACROECONOMICS (4 HRS)

    Demand for money: General and in India

    Supply of money: General and in India (monetary aggregated)

    Monetary forces and aggregate demand

    Macroeconomic cycles and aggregate shocks

    8. BALANCE OF PAYMENTS AND EXCHANGE RATES (2 HRS)

    Balance of payments: Concept; Indian BOP

    Foreign exchange: Market; determination

    Foreign exchange markets and systems in India

    9. MACROECONOMIC POLICY IN AN OPEN ECONOMY (2 HRS)

    Meaning of an open economy and openness

    Macro policy in a world with perfect capital mobility

    Implications of an open economy; Indian case

    10. MACROEONOMIC ISSUES: INFLATION (1 HR)

    Inflation in the macro model

    The Philips curve

    The Lucas AS function

    Inflation in India

    11. UNEMPLOYMENT (1 HR)

    Meaning, types, and characteristics of unemployment

    Unemployment in India: Nature. Causes, and consequences

    Cyclical and structural unemployments Policies to reduce unemployment

    12. INTERNATIONAL TRADE (2 HRS)

    Basis of trade

    Trade theories for the nations

    Trade theories at the firm level

    Gains from trade

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    BASIC TEXTS

    LIPSEY AND CHRYSTAL: Economics (11th Indian Edition): Chs. 15-25 (OUP)

    MINISTRY OF FINANCE: Economic Survey (Latest Edition): All Chapters (OUP)

    V. IMPORTANT NOTES:

    All the case studies given in Lipsey & Chrystal are in course.

    The questions in examination will be application (of macroeconomics concepts) based.

    ORGANIZATION DEVELOPMENT

    COURSE DURATION: 2 HRS PER WEEK FOR 12 WEEKS

    COURSE CREDIT: 02

    1. OVERVIEW (2 HRS)

    Introduction to OD

    Nature of planned change

    2. PROCESS OF ORGANIZATION DEVELOPMENT (6 HRS)

    Diagnostic process: Meaning and dimensions of diagnosis; groups and jobs diagnosis;

    collection and analysis of information; feeding back of information

    Designing interventions

    3. HUMAN PROCESS INNTERVENTIONS (4 HRS)

    Individual, interpersonal, and group process approaches

    Organization process approach

    4. TECHNOSTRUCTURAL INTERVENTION (4 HRS)

    Restructuring organization

    Employee involvement

    Work design

    5. HRM INTERVENTIONS (4 HRS)

    Performance Management

    Developing and assisting members

    6. STRATEGIC CHANGE INTERVENTION (4 HRS)

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    Competitive and collaborative strategies

    Organizational transformation

    BASIC TEXTS:

    CUMMINGS AND WORLEY: Organization Development and Change (Cengage:2005):

    Chs 1,2,5,6,7,8,9,12-20

    BHUPEN SRIVASTAVA: Organization Design and Development (Biztantra)

    ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT

    COURSE DURATION: 4 HRS PER WEEK FOR 12 WEEKS

    COURSE CREDITS: 04

    A: ENTREPRENEURSHIP

    (Weightage: 75%)

    1. ENTREPRENEURSHIP: CONCEPT, EVOLUTION, AND SCOPE (3 HRS)

    Concept and evolution of entrepreneurship

    Corporate entrepreneurship

    Individual entrepreneurship: Part time, small and medium ventures

    2. DEVELOPMENT OF ENTREPRENEURSHIP (6 HRS)

    Profile of an individual entrepreneur: Aptitude, skills, and knowledge set

    Entrepreneurial mindset: Creativity and innovation

    Profile of every individual students in terms of entrepreneurial traits

    3. VENTURE PLANNING (6 HRS)

    Opportunity assessment Environment assessment

    Marketing research

    Financial analysis

    Business Plan

    4. STARTING A VENTURE (6 HRS)

    Legal form of business: Merits and demerits of alternative forms

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    Legal environment

    Sources of finance

    Buying a business & valuaing it

    Precommencement issues

    5.RUNNING AN ENTERPRISE (6 HRS)

    Strategic planning

    Growth of an entrepreneurial venture: Organic & inorganic

    Operational dimensions of running the venture

    6. RUNNING AN ENTERPRISE: SOME ISSUES (3 HRS)

    Networking

    Family business

    e-business

    7. HARVESTING A BUSINESS (6 HRS)

    Valuating for harvesting (with numerical examples)

    Succession issues

    Dilution of stakes

    Preparing for, and actually, exiting a venture

    B. SMALL BUSINESS MANAGEMENT

    (WITH SPECIAL FOCUS ON INDIA)

    (Weightage: 25%)

    8. SETTING UP SMALL BUSINESS IN INDIA (4 HRS)

    Registration and legal formalities

    Procurement of space, electricity and other utilities

    Preproduction contracts with vendors, suppliers, customers, etc

    Basic start up problems and their resolution

    9. MANAGEMENT OF SMALL BUSINESS IN INDIA (4 HRS)

    Planning and organizing

    Financial planning and execution

    Marketing Management HR issues

    10. MANAGEMENT OF GROWTH (4 HRS)

    Stabilisation strategies

    Growth strategies; crises of business growth

    Information technology and small business

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    BASIC TEXTS:

    ROBERT D HISRICH AND DEAN A SHEPHARD: Entrepreneurship (Mc Graw Hills:

    Latest edition)

    RAJEEV ROY: Entrepreneurship (OUP): Chs. 4,7,15 and 18

    BUSINESS WORLD: The SME White Book 2010/11 (BW Publications:2010) All

    Chapters

    SPECIALIZATION: MARKETING

    INTERNATIONAL MARKETING

    1. INTERNATIONAL MARKETING: AN OVERVIEW

    The Scope and challenge of International Marketing

    The dynamic environment of international marketing

    Constituents of international environment

    2. THE ENVIRONMENT OF GLOBAL MARKETS

    Geography and history: the foundations of cultural understanding; Cultural dynamics in

    assessing global markets

    Business customs in global marketing

    The political environment: A critical concern The international legal environment

    The economic environment

    3. ASSESSING GLOBAL MARKET OPPORTUNITIES

    Developing global vision through market research

    Emerging markets and scope for marketing

    Multinational market regions & market groups

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    Ranking of markets in terms of relative opportunities

    4. DEVELOPING GLOBAL MARKET STRATEGIES

    Global marketing management: Planning and organization.

    Creating products for consumers in global markets

    Marketing Industrial products and services

    International distribution systems

    International Retailing

    Exporting and Logistics: Special issues for the smart business

    The global advertising and promotion effort.

    Personal selling and sales management

    Pricing for international markets

    5. IMPLEMENTING GLOBAL MARKETING STRATEGIES Negotiating with international customers, partners, and regulator

    Organizational structure, system, and processes for delivering marketing program

    MARKETING STRATEGY

    1. CONCEPTS COMPETENCIES, ENVIRONMENT AND STRATEGYALTERNATIVES

    Introduction

    Competence

    Environment

    Models

    Strategies

    2.ANALYSIS FOR STRATEGY FORMULATION-1

    Product management/ analysis

    Market analysis

    3.ANALYSIS FOR STRATEGY FORMULATION-2

    Customer Analysis

    Competitor Analysis

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    Market segmentation and targeting

    Differentiation and positioning of services

    Management of demand and capacity

    4. MARKETING MIX FOR SERVICES

    Marketing mix elements

    Product: Service packaging

    Pricing of services

    Promotion of service

    Role of people factor

    Service processes

    Physical evidence and marketing

    5. MAXIMIZATION OF SERVICES MARKETING POTENTIAL

    Relationship marketing

    Internal marketing

    SPECIALIZATION: MARKETING COMMUNICATION

    ADVERTISING CREATIVES

    1. INTRODUCTION

    Anatomy of an ad./ commercial: copy and layout; script: audio and video

    Communicating through the ad./commercial: Role of various elements

    2. GETTING SET TO WRITE THE AD/COMMERCIAL

    Planning the ad copy / commercial

    Setting objectives (seeking attention to intention to buy)

    Sources of idea for commercial / ad words and visuals plus audio elements

    Content considerations:- Use of attributes, benefits, proof of delivery points

    - Use of human interest material and other extraneous devices

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    - Highlighting of negative vs. positive benefits

    - Length vs. brevity considerations

    3. COPY/SCRIPT APPROACHES: COMMUNICATION STRATEGUM: Communication strategum to

    - seek attention- arouse interest and create desire

    - convince the listener / viewer / reader

    - induce action (to know more / buy)

    4. ACTUAL COPY/SCRIPT WRITING

    Beginning, main body, and the ending

    5. SPECIFIC COPIES / SCRIPTS FOR

    Newspaper ads

    Magazine ads

    Mail order / other direct mailers

    Outdoors

    Radio

    TV

    Online

    RECOMMENDED BOOKS:

    Bonnie L. Drewniary & A.Jerome Jewler: Creative Advertising

    George Felton: Advertising Concept and Copy

    J. Thomas Russell and W.Ronald Lane: Kleppner's Advertising ProcedureWalladeres: Craft of Copywriting

    Schlemmen : Handbook of Advertising Art Production

    BELOW THE LINE PROMOTIONS

    1. PROMOTIONAL MANAGEMENT : OVERVIEW

    Meaning, relevance and scope

    Planning a promotional campaign

    2. SPONSORSHIPS AND EVENTS

    Sponsorships

    Event management

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    3. MERCHANDISING

    Meaning, types

    Visual merchandising

    4. CONFERENCES AND EXHIBITIONS

    Meaning, relevance, types, and overall purpose

    Organizing conferences

    Participation in exhibitions

    5. MEASUREMENT OF PROMOTIONAL PERFORMANCES

    What, when, and how of testing

    Measurement of effectiveness of various tools.

    RECOMMENDED BOOKS:

    Belch, Belch, and Purani: Advertising & Promotion (Part V)O'Guinn, Allen, and Semenik: Advertising Management, with Integrated Brand Promotion (Part V)

    Terence A. Shimp: Advertising and Promotion, an IMC Approach ( Part IV and V)

    Kazmi and Batra: Advertising and Sales Promotion (Part VI and VII)Clow and Baack: Integrated Advertising, Promotion, and Marketing

    DIRECT MARKETING AND COMMUNICATION

    1. INTRODUCTION:

    Meaning, relevance, and scope

    Direct marketing vs. direct selling

    2. UNDERSTANDING BUYING BEHAVIOUR:

    Final consumer

    Institutional buyer

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    Characterstics of buyer from direct seller

    Research for direct marketing

    3. DIRECT MARKETING STRATEGY:

    STP approach to direct marketing

    Formulation of overall direct marketing strategy

    4. DATABASE BUILDUP AND APPLICATIONS:

    Data collection and warehousing

    Data mining

    Database marketing

    5. DIRECT MARKETING MEDIA AND CHANNELS:

    Mail order

    Tele marketing

    Multilevel marketing

    Online marketing

    RECOMMENDED BOOKS:Direct Marketing Association; D M Report (Annual)

    Bob Stone: Successful Direct Marketing MethodsVaswar Dasgupta: Marketing Mantra: The Real Story of Direct Marketing in India

    Donna Fluss: Real Time Contact Centre Strategies

    Strauss & Frost: E-Marketing

    SPECIALIZATION: FINANCE

    SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

    1. INTRODUCTION TO INVESTMENT MANAGEMENT

    Investment Settings

    The Asset Allocation Decision

    Global Investment

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    Global Asset Allocation: Analysis and Decision .

    Global Security Market: Analytical Decision

    Securities Markets Worldwide: Organization, functioning, and regulatory

    environment:

    2. PORTFOLIO MANAGEMENT THEORIES AND PORTFOLIO CONSTRUCTION

    Markowitz Portfolio Theory

    Asset Pricing Models

    Market Portfolio Theory vs. Practice

    Portfolio construction

    3. INVESTMENT CHOICES

    Bond valuation

    Derivative security analysis

    Real estate investment

    Money market investments

    4. EVALUATION OF PORTFOLIO PERFORMANCE

    Portfolio performance: Required rate as benchmark

    Measures of evaluating performance

    a) Treynor Portfolio Performance Measure

    b) Sharpe Portfolio Performance Measure

    c) Jensen Portfolio Performance Measure

    d) Peer Group Comparison

    Factors affecting use of performance measures.

    5.STOCKS SELECTION USING TECHNICAL INDICATORS Dow Theory

    Japanese candlesticks

    Oscillators

    Moving averages

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    MACD, RSI etc.

    RECOMMENDED BOOKS:

    S.Kevin: Security Analysis and Portfolio Management (PHI:2009)

    Fisher & Jordan, Investment Management.

    Avadhani, Security Analysis and Portfolio Management. .

    Puneethavathi & Pandian, Security Analysis and Portfolio Management.

    Prasanna Chandra, Managing Investments

    INSURANCE AND BANKING

    1. THE CONCEPTS AND PRINCIPLES OF INSURANCE

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    CONCEPTS

    Classification of Insurance

    Types of Life Insurance: Pure and Terms

    Types of General Insurance: Fire, Marine, Motor, Engineering, Aviation and Agricultural

    Insurance Professionals, Intermediaries and IRDA

    PRINCIPLES

    Utmost good faith

    Insurable Interest

    Material facts

    Indemnity

    Proximate cause

    Subrogation

    Contribution

    ACTURIAL PRINCIPLES

    Mortality Tables

    Physical and Moral Hazard

    Representations

    Warranties

    Risk appraisal & Risk Selection

    Underwriting

    2. INSURANCE PRACTICES IN INDIA

    Life Insurance

    General Insurance

    Claims procedure

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    3. OVERVIEW OF INDIAN BANKING SYSTEM

    Structure of Indian Banking Sector

    Central Banking: Functions, New Developments and Changing Scenario

    Banking Sector Reforms Suggestions and implementation

    Negotiable Instruments

    Bank Rate; repo rate

    Prime Lending Rate

    Deposit Rates

    Credit-deposit ratio

    Non-Performing Assets

    Capital Adequacy Ratio

    Cash Reserve Requirements

    Statutory Liquidity Ratio

    Low vs. high interest rates

    International Scenario of interest Rate Movement

    4. FINANCIAL STATEMENTS ANALYSIS OF BANKS: (2 HRS)

    (Key Performance Indicators for banks such as efficiency and expenses control ratio, liquidity, risk

    and profitability)

    Assessment of:

    Bank Liabilities

    Bank Assets

    Loan and Advances

    Income Statement

    CAMELS ratings

    5. CREDIT PROCESS IN INDIAN BANKS

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    Types of Credit

    Financial Appraisal for Credit Decision

    Standard Practices in appraisal process for working capital, capital expenditure,

    agriculture loans

    Loan Syndication

    Loan Pricing

    Credit risk

    Risk management

    RECOMMENDED BOOKS:Justin Paul and Padmalatha: Management of Banking and Financial Services (Perason)

    George E. Rejda: Principles of Risk Management and Insurance (Pearson)

    KC Mishra & Mangala Bakshi: Insurance Business Environment and Insurance CompanyOperations (Cengage: 2009)

    KC Mishra & C. S. Kumar: Life Insurance Principles and Practice (Cengage: 2009)

    KC Mishra & Mangala Bakshi: Legal & Regulatory Aspects of Business (Cengage: 2009)KC Mishra & R. Venugopal: Life Insurance Underwriting (Cengage: 2009)

    KC Mishra & G E Thomas: General Insurance Principles & Practice (Cengage: 2009)

    Manas Tripathy, Simita Mishra, & KC Mishra: General Insurance Business Operations andDecision Making (Cengage: 2009)

    KC Mishra & RC Guria: Practical Approach to General Insurance Underwriting (Cengage: 2009)

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    MANAGEMENT OF INDIAN FINANCIAL SYSTEM

    1. INTRODUCTION

    Financial system: Definition, constituents, functions

    Role of financial intermediaries in conduct and development of economy

    Financial institutions and markets

    Forces (local and international) affecting growth of financial system

    Positive features and short comings of IFS

    2. VENTURE CAPITAL AND PRIVATE EQUITY

    Functions, significance and revenue streams for venture capitalists

    Trends in Venture Capital financing world-wide, and in India

    Role of private equity in financing of business

    Issues affecting PE

    Existing players, their functions and revenue steams

    3. CORPORATE ADVISORY MERCHANT BANKING, M&A , RAISING OF

    CAPITAL

    Services and leading players

    Revenue streams and trends

    Primary market: Activities; participants (merchant bankers/lead managers, underwriters,

    primary dealers)

    Issues in primary market: IPOs performance; financing pattern in business cycle phases,book building vs. fixed pricing; green shoe option

    Regulatory framework for the segment

    Stock exchange: Role & functions; trading; clearing and settlement

    Issues involved: Demutualization; dematerialization; frauds; major innovations

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    Indian debt market

    SEBI: Role; performance; effectiveness

    4. CREDIT RATING AND ASSET MANAGEMENT

    Ratings and their importance

    Process of Ratings

    Rating agencies: Credibility and reliability issues

    Mutual funds: Meaning; types; role in mobilization of funds; functioning; regulations

    Investment Banking: Basics; issues involved

    Hire purchase

    5. FOREIGN CAPITAL

    Portfolio investment by FIIs

    Foreign direct investment

    External commercial borrowings

    Indian investments abroad

    Global financial crisis and India

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    SPECIALIZATION: HUMAN RESOURCES

    COMPENSATION MANAGEMENT

    1. COMPENSATION PLANNING

    Introduction, Basic concept of compensation

    Classical theories on wages

    Elements of labour economics

    Establishing pay rates, Importance of an ideal compensation plan

    Broad branding

    Compensation plan and business strategy

    Devising a compensation plan

    Challenges affecting compensation

    2. WAGE POLICY

    Concept of wage

    Wage policy in India; determinants of wage policy

    Impact of income tax on wage and salary administration

    Tools used for fixation on wages.

    Legislative framework in India

    3. PAY PACKET- CONSTITUENTS

    Basic, D A, H R A, and other allowance, Perquisites, Fringe benefits.

    4. PAY-FOR-PERFORMANCE & FINANCIAL INCENTIVES

    Meaning and definitions; Background and trends

    Pre-requisites of effective incentive system

    Scope of incentive schemes

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    Types of incentives- group incentive plan, for indirect workers, for operations employees

    of managers and professionals, for sales persons

    Total compensation programs.

    5. BENEFITS & SERVICE

    Why benefits and services?

    Types of employee benefits and service insurance, retirement, employee services benefit

    and others

    Principles of Fringes, Significant benefits and services, the future of fringe benefits

    Guidelines to make benefit program more effective

    Benefits and employee leasing.

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    Handling grapevine and rumor- perception errors: projection and halo effect

    Influencing informal organizations

    4. NEGOTIATIONS AND GROUP DYNAMICS

    Interdependence

    Role of personality traits in negotiation

    Gender differences

    Cultural differences that affect group opinion

    5. GROUP DYNAMICS WITH REFERENCE TO EMPOWERMENT AND

    PARTICIPATIVE PROCESSES

    How do groups influence their members?

    Psychological analysis of social influence

    Majority influence as well as minority influence as well as between groups.

    How can groups be used to enhance psychological adjustment and well being?

    Response mechanics of members to group success and failures.

    RECOMMENDED BOOKS

    Donclson Forsyth: Group Dynamics (Woodworth)

    Rodney W. Napier and Matti K. Gerstend feld: Groups: Theory and Practice (AITBS /Houghton Miffin)

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    TRAINING AND DEVELOPMENT

    1. TRAINING AND DEVELOPMENT: OVERVIEW

    Training and teaching

    Learning about management issues and concepts

    Principles of learning and development basic idea

    2. TRAINING NEEDS

    Training needs classification; individual, occupational, and organizational level needs

    Identification of training needs

    3. DESIGN OF A TRAINING PROGRAM AND ITS EXECUTION

    Training objectives

    Decision about content of training

    Training methods and choice of appropriate aids

    Parameters for assessment of training effectiveness

    Steps involved in conducting an effective training program

    4. EVALUATION OF TRAINING

    Why evaluate?

    Methods for evaluation

    Criteria for evaluation

    5. INVENTORY OF TRAINING METHODS

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    Lecture

    Case analysis

    Role plays

    Business / management games & simulations

    Experiential learning, including outdoors

    Organizing / preparing training material, including A.V. aids

    RECOMMENDED BOOKS:

    Lynton & Pareek: Training for Development (Sage: 2nd edition)

    Uday Pareek: Training Instruments for OD & HRD

    Training For Organisational Transformation by Rolf Lvnton and Uday Pareek

    SPECIALIZATION: IT AND TECHNOLOGY

    BUSINESS INTELLIGENCE

    1. BUSINESS INTELLIGENCE: INTRODUCTION

    Introduction to Business Intelligence

    Turbulent business environment and organizations survival and in such an environment(solving problems and exploiting opportunities excellence)

    Need for computerized support of managerial decision making

    Business intelligence (BI) methodology and concepts and their relation to DSS

    Major issues in implementing business intelligence

    2. DATA WAREHOUSING AND AQUISITIONS

    Basic definitions and concepts of data warehouses

    Data warehousing architectures

    Processes used in developing and managing data warehouses

    Data warehousing operations

    Role of data warehouses in decision support

    Data integration and the extraction transformation, and load (ETL) processes

    Real-time (active) data warehousing

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    Data warehouse administration and security issues

    3.BUSINESS AND DATA ANALYTICS

    Business analytics (BA) and its importance to organizations

    Major BA methods and tools

    Online analytical processing (OLAP), data visualization, and Multidimensionality and

    decision making

    Advanced analysis methods

    Business Analytics and web

    Decision support system

    4. DATA MINING FOR BUSINESS DECISIONS

    Data mining and its objectives and benefits

    Different purposes and applications of data mining

    Different methods of data mining, especially clustering and decision tree models

    Use of some data mining software

    Process of data mining projects

    Data mining pitfalls and myths

    Text mining and its objectives and benefits

    Use of text mining in business applications

    Web mining and its objectives and benefits

    5. BUSINESS PERFORMANCE MANAGEMENT

    Nature of business performance management (BPM)

    Closed-loop processes linking strategy to execution

    Best practices in planning and management reporting

    Difference between performance management and measurement

    Tools for BPM

    RECOMMENDED BOOKS:

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    Turban, Sharda, Aronson, and Peng-Liang: Decision Support and Business Intelligence System

    Stair and Reynolds: Principles of Information Systems

    Stuart Barnes: Knowledge Management Systems

    S.A.Kelkar: Structured Systems Analysis & Design: A Concise StudyM.H.Zuck: Knowing and Strategy

    Effy Oz: Management Information Systems

    STRATEGIC INNOVATION MANAGEMENT

    1. INTRODUCTION TO INNOVATION

    Basic Concepts

    Innovation in Context: What is Innovation?

    Culture and climate for innovation: Macro to business unit level

    2. PROCESS OF INNOVATION MANAGEMENT

    Innovation Process Management; Need, significance, and challenges

    Actual process

    Process learning

    3. SETTING THE TONE

    Creativity in innovation

    Design for Innovation

    4. SCM AND INNOVATION

    Supply Chain Management and Innovation: Role significance and contribution of SCM foroperational innovation

    5. INFORMATION INPUTS AND INNOVATION

    Knowledge Management and Learning for Innovation

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    RECOMMENDED BOOKS:

    HBR: HBR on Innovation

    Shlomo Maital & D.V.R.Seshadri: Innovation Management- Strategies, Concepts and Tools

    Chaturvedi, Aseem Kumar, & Rahul: Managing Innovations and New ProductDevelopment:Concepts & Cases

    Bertrand Bellon & Whittington: Competing Through Innovation

    V.Govindarajan: Breakthrough InnovationsAllan Afuah: Strategic innovations

    STRATEGIES FOR MANAGING NETWORKED BUSINESSES

    1. INFORMATION SYSTEM:

    Core concept

    Infrastructure

    Computer networks

    Database management

    2. INFORMATION SYSTEM

    Information systems for sales and marketing

    Information systems for HR

    Information systems for accounting & finance

    Enterprise Information systems

    3. INFORMATION SYSTEMS PLANNING AND DEVELOPMENT

    Business system planning; organizing work

    Business and IT mapping

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    Information engineering: architecture, development, prototyping, etc

    4. INFORMATION SYSTEMS FOR BUSINESS EFFECTIVENESS

    Organizational performance and information system

    IT investment, application, and business effectiveness: linkages and management

    5. I.S IMPLEMENTATION: CSF

    Information systems success models

    CSFs for IS implementation

    Successful implementation through change management

    RECOMMENDED BOOKS:

    Mahadeo Jaiswal & Mittal: Management Information SystemEffy Oz: Management Information Systems

    Andrew Tannenbaum : Computer Networks

    James F. Kurase: Computer Networking: A Top Down ApproachCraig Zacker : Networking the Computer Systems