MBA
MBA – Program
MBA (Master of Business Administration)
MBA is a two-year full time post graduate program offered by the institution.
This course is affiliated to RashtraSant Tukdoji Maharaj Nagpur University and is approved by AICTE (All India Council for Technical Education)
The program consist of four semesters spread over two years and offers specialization in the fields of Marketing, Finance, Human Resources, International Business, Entrepreneurship and Business Analytics.
The following outcomes are expected at the end of the MBA Program:
PO 01: The graduate will be able to apply business management theories and concepts in real life business problems and provide solution.
PO 02: The graduate will exhibit exemplary business leadership and communication skills.
PO 03: The graduate shall develop exceptional organizational skills and learn to work in a team.
PO 04: The graduate shall develop good analytical skills to understand business issues and problems and implement best possible solutions.
PO 05: The graduate shall learn and use latest ICT tools and technologies for effective and faster decision making.
PO 06: The graduate can inculcate and venture into his own entrepreneurial journey through innovations and creative business ideas.
PO 07: The graduate will be a more responsible corporate citizen by practicing ethical business and being sensitive to social, environmental and economical cause.
PO 08: The graduate will get basic exposure to business operations in various domains.
COURSE OBJECTIVES AND COURSE OUTCOMES
MBA Semester I
Subject: Principles of Management
Course objectives:
1. To give overview of various management concepts and theories in different domains of business management
2. To familiarize the students with various management functions such as planning, organizing, staffing and directing
3. To introduce various international best management practices in business world
Course outcomes:
1. At the end of this course the student will understand and implement basic concepts of management in the workplace
2. The student will get insight of various management functions.
3. The student will get the overview of International management practices
Subject: Managerial Economics
Course objectives:
1. To give overview on various concepts of managerial economics
2. To understand the basic functions of market operations
3. To understand the dimensions of micro and macro economics
4. To understand the dynamics of national economic environment
5. To understand basic calculations of national income and multipliers, demand, supply and price determination
Course outcomes:
1. At the end of this course the student can relate and implement economic theories in practice
2. The student will gain insight into various micro and macroeconomic policies for effective implementation in business
3. The student will be introduced to various dimensions of national economics
4. The student can interpret the calculations of national income
Subject: Accounting for Managers
Course objectives:
1. To introduce basic accounting principles in Indian context
2. To give insight to various accounting practices in different business structures
3. To understand the calculations of cash flow and ratio analysis
4. To understand the concept of organizational budgets and its types
Course outcomes:
1. At the end of the course the student will be able to apply basic accounting principle in business operations till preparation of final accounts
2. The student will be able to project financial health of business through ratios and cash flow statement
3. The student will be able to prepare organizational budgets.
Subject: Business Legislations
Course objectives:
1. To understand laws relating to commercial contract
2. To understand the structure and functioning of a company
3. To have knowledge of consumer law
4. To have knowledge of law relating to E-commerce
5. To have knowledge of cyber law
Course outcomes:
1. At the end of the course the student will be able to apply legal concepts while drafting a contract
2. The student will understand the various compliances in a corporate body.
3. The student will understand the basics of law relating to consumer protection, E-commerce and cyber laws
Subject: Business Communication & Information Systems
Course objectives:
1. To introduce the basic concepts of communication systems like types, channels, barriers etc. Used in business
2. To understand the nuances of business correspondence
3. To introduce the concept of information systems used in business operations and functions
4. To introduce the modern trends in information systems used for effective business
Course outcomes:
1. At the end of the course the student shall understand and implement business communication systems effectively in workplace
2. The student can write different types of letters, reports, emails, notices, orders etc.
3. The student can understand and apply modern information systems in different domains of business.
Subject: Research Methodology & Quantitative Techniques
Course objectives:
1. To introduce the basic concepts and techniques of statistics
2. To introduce the various statistical tools used business operations and research
3. To understand the basic concept of business research and research techniques
4. To understand research methodology adopted for research activities
Course outcomes:
1. At the end of the course the student shall understand importance and uses of statistics in business
2. The student shall be able to apply statistical techniques for business operations
3. The student shall be able to carry out research work in various fields
MBA Semester II
Subject: HRM and OB
Course objectives:
1. To introduce the concept of HRM
2. To give knowledge on job analysis and design
3. To introduce the concept of recruitment, selection, training and compensation management
4. To introduce the concepts of organizational behaviour with focus on individual and group behaviour
5. To introduce the concept of organizational change and conflict management
Course outcomes:
1. At the end of the course the student shall understand the concepts of HRM
2. The student will be able to do recruitment, design training calendar and appraisal systems
3. The student understands the concepts of organizational behaviour and its effects on organizational development.
4. The student shall also under conflict management and the impact of organizational change
Subject: Financial Management
Course objectives:
1. To introduce the concept of business finance and various sources of financing
2. To give insight on capital structure of business and its various approaches
3. To introduce the concept of value of money and its use in long term investment decisions
4. To introduce the concept of working capital and its impact on short term financial decisions
Course outcomes:
1. At the end of the course the student will understand financial concepts and its basic implementation in business
2. The student can do preliminary analysis of capital structure
3. The student will be able to evaluate various long term and short business investment decisions
Subject: Marketing Management
Course objectives:
1. To give introductory concepts of marketing like marketing environment, segmentation, positioning and consumer behaviour
2. To give insight on product and pricing decisions
3. To introduce the concept of distribution channels decisions and promotional policies
4. To introduce marketing research and legal aspects of marketing
5. To give a brief on international marketing, green marketing and cyber marketing
Course outcomes:
1. At the end of the course the student will understand the concepts of marketing and its implementation
2. The student can product, promotion and pricing decisions
3. The student can design distribution channels and can channel management decisions
4. The student will get overview of international marketing, green marketing and cyber marketing
Subject: Operations Management
Course objectives:
1. To introduce operations management and its concept in manufacturing and service
2. To give overview of facilities planning in manufacturing units
3. To introduce production planning and control, maintenance and project management
4. To introduce materials management concepts with emphasis on purchase, stores and inventory control
5. To introduce quality management concepts and quality enhancement tools used in various industries.
6. To give brief introduction on productivity tools
Course outcomes:
1. At the end of the course the student shall basic conceptual knowledge of operations management
2. The student will understand basic concepts of production planning, maintenance, project management
3. The student will understand basic concepts of quality management and plant productivity
4. The student can understand and implement materials management concept in manufacturing and service industries effectively.
Subject: Cost Accounting
Course objectives:
1. To introduce the various elements of costs and their concepts
2. To introduce the concept of break even analysis and its application in business
3. To introduce variance analysis and standard costing techniques
4. To introduce the concept of costing techniques in construction and service industry
Course outcomes:
1. At the end of the course the student can use the concepts of cost for preparation of tenders and quotations
2. The student can do the break even analysis for various business situations
3. The student will be able to do variance analysis
4. The student will be able to implement costing techniques in service & construction industries.
Subject: Economic Environment of Business
Course objectives:
1. To give an overview of business environment with reference to Indian conditions and Indian economy
2. To introduce the economic environment of Business in India
3. To give overview of International business environment and its impact on Indian economy
4. To give overview of existing technological environment in the current context of business
Course outcomes:
1. At the end of the course the student will get an overview of Indian and International business environment
2. The student shall understand the various terminologies used in economic environment of business
3. The student shall also understand the basic concepts of technological environment
MBA Semester III
Subject: Strategic Management
Course objectives:
1. To introduce the concept of strategic management
2. To introduce external and internal environment of business and portfolio approach and analysis using various strategic tools
3. To discuss various corporate level strategies for strategy formulation of various types of business
4. To give overview of business level, functional level and global level strategies
Course outcomes:
1. At the end of the course the student will understand concepts of strategy and its impact on business
2. The student will get insight to business environment analysis and portfolio analysis of business
3. The student will get overview of various levels of strategies like business level, functional level and global level
MBA Semester IV
Subject: Business Ethics and Corporate Governance
Course objectives:
1. To introduce the concept of ethics in business and its impact
2. To enable the student to understand how business organizations work with correct ethical practices in various functional areas
3. To help students understand the duties and responsibilities of businesses towards society
4. To help students understand the role ethical organizations play towards environment
Course outcomes:
1. At the end of the course the student will understand the impact of ethical practices in business
2. The student will be able to apply ethical business practices towards betterment of the society
Subject: Entrepreneurship Development
Course objectives:
1. To help student understand the concept of entrepreneurship and the role it plays in economic development
2. To systematically impart knowledge on various considerations necessary to become an Entrepreneur
3. To explain the importance of project report and how it is to be made
4. To make the student understand Government support system and various institutions involved for setting up entrepreneurial ventures
Course outcomes:
1. At the end of the course the student will understand the concept of entrepreneurship
2. The student will get to know the details of government and other institutes support mechanism
3. The student will be able to make professional project reports required to start a business venture
4. The student can start his own business venture
ELECTIVE / SPECIALIZATION COURSES
CORE GROUP – A – MARKETING MANAGEMENT
Paper 1
MBEII – 11 – Sales and Distribution Management
Course objectives:
1. To give overview of sales management concepts
2. To understand the sales organization, sales force, sales budget and sales quota
3. To impart students knowledge of physical distribution, channel intermediaries, international marketing channels and legal issues related to channel management
4. To introduce the concept of supply chain management, material handling, transportation and warehousing
5. To understand modern sales concepts such as E-commerce, E-railing and E-enabled logistics
Course outcomes:
1. At the end of the course the student can implement sales concept like goal setting, forecasting, sales budgets and quotas.
2. The student can formulate sales organisation and manage sales force
3. The student can design and manage distribution channels for national and internal markets
4. The student can understand the intricacies of supply chain in conventional and E-commerce trade
Paper 2
MBEIII – 12 – Integrated Marketing Communication and Brand Management
Course objectives:
1. To understand the concepts of marketing communication and integrated marketing communication
2. To introduce media planning and various elements of integrated marketing communication
3. To understand various concepts of branding and customer based brand equity
4. To introduce the students the concepts of brand management and branding strategies
Course outcomes:
1. At the end course the student will be able to relate the concepts of integrated marketing communication with the real world market situations
2. The student will understand the concepts of branding, brand equity and branding strategies
3. The student will be able to differentiate between various terms used in branding.
Paper 3
MBEIV – 13 – Consumer Buying Behaviour
Course objectives:
1. To introduce the concept of consumer behaviour and consumer research
2. To give insight on consumer problems and their purchase decisions
3. To study and understand individual determinants of consumer behaviour
4. To study and understand group determinants of consumer behaviour
Course outcomes:
1. At the end of the course the student will understand consumer behaviour
2. The student can relate to the problems faced by the customers
3. The student can understand and solve the problems faced by the consumers
4. The student will understand the individual and group determinants of consumer behaviour
CORE GROUP – B – FINANCIAL MANAGEMENT
Paper 1
MBEIII – 11 – Corporate Financial Management
Course objectives:
1. To understand the process of evaluating various investment opportunities
2. To gain knowledge of various sources of finance and compare them
3. To know the various methods of valuation of business and its relation with dividends
4. To understand the concept of mergers and acquisitions and other contemporary concepts of finance
Course outcomes:
1. At the end of the course the student will be able to evaluate investment opportunities and source of funding
2. The student will be able to understand the concept of value of business
3. The student will understand the current developments in finance
Paper 2
MBEIII – 12 – Securities, Portfolios and risk Management
Course objectives:
1. To teach the various methods of valuing shares and bonds
2. To understand equity analysis through fundamental and technical analysis
3. To know the various theories of making portfolios and managing them
4. To understand the concept of derivatives
Course outcomes:
1. At the end of the course the student will be able to value and analyse the instruments traded in market
2. The student will be able to understand and evaluate the portfolios of securities
3. The student will understand the concept of derivatives and their uses in risk management
Paper 3
MBEIV-13 – Investment Environment & Wealth Management
Course objectives:
1. To introduce the structure and regulations of financial system in India
2. To understand the basic concepts of Insurance and Insurance products
3. To understand the basic concepts of Mutual Funds and Mutual Fund products
4. To understand the various strategies of Asset management
Course outcomes:
1. At the end of the course the student will have basic understanding of Indian financial systems
2. The student will be able to evaluate various Insurance and Mutual fund products
3. The student will be able to evaluate a portfolio of multiple assets.
CORE GROUP – C – HUMAN RESOURCE MANAGEMENT
Paper 1
MBEIII – 11 – Training and Development Practices
Course objectives:
1. To give introduction to concepts of training and training need analysis
2. To understand the training process and the methods employed to impart training at different levels
3. To evaluate training effectiveness by using different models
4. To give introduction to management development programs
Course outcomes:
1. At the end of the course the student will understand and implement training concepts and design training calendar at workplace
2. The student will understand the training process and methods employed
3. The student can evaluate the training programs and can do the cost benefit analysis and return on investment
4. The student can understand the management development process
Paper 2
MBEIII – 12 – Performance and Compensation Management
Course objectives:
1. To introduce the concept of performance appraisal system
2. To introduce the traditional and modern methods of performance appraisal systems
3. To help student understand compensation planning and the various methods of compensation
4. To give overview of Career Management and its importance in Industry
Course outcomes:
1. At the end of the course the student will understand the concepts of performance appraisal systems in both traditional and modern form
2. The student can design compensation plan for a company
3. The student will understand the concept of career management
Paper 3
MBEIIV – 13 – Industrial Relations and Labour Laws
Course objectives:
1. To understand the concept of Industrial relations in Indian context
2. To understand the concept of Industrial conflicts
3. To give overview of Wage legislations in India
4. To give overview of Social security legislations in India
Course outcomes:
1. At the end of the course the student will understand the concepts of industrial relations and industrial conflicts in Indian context
2. The student will get overview of wage legislations and social security legislations in Indian scenario
COMPLEMENTARY GROUP – A – OPERATIONS MGT
Paper 1
MBEIII – 11 – Logistics and Supply Chain Management
Course objectives:
1. To introduce the concept of supply chain management, its strategies and framework
2. To help student design distribution networks for business operations in different business environment
3. To introduce transport network design in supply chain
4. To give an overview of Advance fleet management and Air cargo systems
Course outcomes:
1. At the end of the course the student will understand the application of supply chain management in industries
2. The student can design distribution network and transportation network for business application
3. The student will understand the concept of fleet management and air cargo systems
Paper 2
MBEIII – 12 – Operations Research
Course objectives:
1. To introduce the concept and application of operations research in business
2. To discuss and solve linear programming problems by graphical method
3. To solve problems based on game theory models
4. To solve problems on assignment and transportation using different methods
Course outcomes:
1. At the end of the course the student will understand the application of operations research for business use
2. The student can solve problems of linear programming, game theory, assignment and transportation
Paper 3
MBEIIV – 13 – Total Quality Management
Course objectives:
1. To introduce the concept of Quality management and the contributions of quality gurus
2. To discuss the fundamentals of statistics and statistical process control
3. To introduce quality improvement techniques using SPC tools
4. To introduce the concept of TQM and its tools like QFD, TPM, FMEA, Six Sigma, etc.
Course outcomes:
1. At the end of the course the student will understand the concepts of Quality and TQM
2. The student can implement SPC tools for quality improvement in business applications
3. The student will get exposure to various tools used in TQM
COMPLEMENTARY GROUP – B – SERVICE SECTOR MGT
Paper 1
MBEIII – 11 – Banking and Insurance Services
Course objectives:
1. To get basic knowledge about commercial banking and their products
2. To give basic knowledge of lending and lending process
3. To provide basic knowledge of insurance sector
4. To give overview of Life Insurance and General Insurance products
Course outcomes:
1. At the end of the course the student will understand basic concept of banking services and their products
2. The student will understand the various types of bank lending and lending process followed by banks
3. The student will understand various insurance products and basic terms and conditions of insurance policies
4. The student will have the knowledge of documentation process followed by banking and insurance service providers
Paper 2
MBEIII – 12 – Hospitality Management
Course objectives:
1. To introduce the concept of hospitality management
2. To give overview of various departments of hotel
3. To give overview of various additional operating departments of a hotel
4. To give introduction to safety and security systems used in a hotel
Course outcomes:
1. At the end of the course the student will understand the concept of hospitality management
2. The student will understand the working of different departments in a hotel
3. The student shall also understand the mechanism of safety and security systems used in hotel industry
Paper 3
MBEIV – 13 – Healthcare Management
Course objectives:
1. To introduce the concept of Hospital management and to give overview of hospital administration
2. To give overview of health systems management in India
3. To introduce the concept of community health, epidemiology and population management in Indian context
4. To discuss health care and social policies related to health are in India
5. To give overview of emergencies, fire, safety, sanitation and waste management
Course outcomes:
1. At the end of the course the student will understand the working of a hospital and its management
2. The student will understand how the health systems work in India and its implementation in community health, epidemiology and population management
3. The student will get exposure to social policies related to health care in India
4. The student will get overview of emergencies, fire , safety, sanitation and waste management and precautions to be taken to manage these
FOUNDATION COURSES
MBFIII – 1 – Environment Management
Course objectives:
1. To develop a concern amongst students for the environment
2. To understand the problems associated with natural resources
3. To understand the concepts of eco system and bio-diversity
4. To sensitize students towards the problems of climate with reference to air, soil, water, noise, thermal and nuclear pollution.
5. To gain knowledge about the social and environmental impact of population explosion
6. To provide an insight into the issues and possible solutions of environmental ethics
Course outcomes:
1. At the end of the course the student will develop an concern for environment and become more sensitive towards environment
2. The student will understand the environmental problems and its impact on human lives
3. The student will understand the causes and impact of human population on society and environment
MBFIII – 1 – Project Management
Course objectives:
1. To introduce the concept of Project management
2. To give overview of procurement, costing in project management
3. To give basic knowledge of risk management in implementing projects
4. To discuss in detail project planning and execution using various tools and techniques like PERT/CPM, GANTT charts and compute assisted project planning
5. To give overview of project organization in different types of project
Course outcomes:
1. At the end of the course the student will understand the concepts of project management
2. The student will have basic knowledge of procurement, costing, organizations structures related to project management
3. The student can do project planning using various project management tools & techniques
MBFIV – 2 – International Business Management
Course objectives:
1. To introduce the concept of international trade, various trading blocks and barriers
2. To study the concept of foreign trade of India and various institutions involved in it
3. To study how exchange rate is managed and the role of RBI & FEMA
4. To give an overview of various macro factors affecting International business environment
Course outcomes:
1. At the end of the course the student will understand concepts underlining international trade and will be introduced to various trading blocks
2. The student will understand the dynamics of foreign trade of India
3. The student will be able to correlate the exchange rate practices in International business
MBFIV – 2 – Agri-Business Management
Course objectives:
1. To introduce the concept of agricultural management and agro inputs for cultivation
2. To introduce the concept of live stock management and its relation to agriculture business
3. To give overview of floriculture, bio-technology and food processing management
4. To introduce rural marketing and various schemes provided by government of India for promotion of Agri-business
Course outcomes:
1. At the end of the course the student will understand the concepts of agricultural management
2. The student will understand the dynamics of live stock management, floriculture, bio-technology and food processing and its relation with agricultural management
3. The student will also get an overview of rural marketing and the government support for promotion of agri-business