FA-401C PROJECT MANAGEMENT Course Objective To acquaint students with project management method and to develop skills on project planning, analysis implementation and control. Course Contents 1. Project Planning and Phases: Need and importance, phases of capital budgeting, project analysis facts, resource allocation framework (investment strategies, portfolio planning tools, and interface between strategic planning and capital budgeting), Generation and Screening of Project Ideas. 2. Project analysis: Market and demand analysis, (Including demand forecasting) Technical Analysis and Financial Analysis (Cost of Project, working capital requirement & its financing). Social Cost Benefit Analysis. 3. Project Selection: Project cash flows, Time value of money, cost of capital, Appraisal criteria and analysis of Risk. 4. Preparing Project Report, Financial Projections, Estimating Costs. 5. Project Financing, Project Appraisal by Financial Institutions. 6. Project Management and Control: Project Organizations, Planning and Control of project & human aspects of project management, Project control tools (Gantt Charts, Line off Balance) 7. Network techniques for Project Management: Basic concepts of networks, line estimation and determination of critical path (for both PERT and CPM models), network cost systems and activity crashing. 8. Project Review: Need for reviews, initial review, performance evaluation, abandonment analysis, evaluating the capital budgeting systems. Text Reading 1. Prasanna Chandra. Project Planning, Analysis, Selection, Implementation and Review, New Delhi, Tata McGraw Hill Publications, 2000. 2. P. Gopalkrishnan and E. Rama Moorthy. Text book of Project Management. New Delhi,McGraw Hill Publications, 2000. 3. Harold Kerzner, Project Management: A Systems Approach to Planning, Scheduling and Controlling, New Delhi, CBS Publications, 1994. 4. Rajive Anand, Project Profiles with Model Franchise Agency and Joint Venture Agreement, New Delhi, Bharat Publications
Course Objective FA-402C ENTREPRENEURSHIP The objectives of this course are to help students to learn and to acquaint themselves with all the facets of Entrepreneurship. Course Contents 1. Entrepreneur: Concept, Nature, Definition Characteristics, Functions, Kinds, Role, difference between entrepreneur and Manager. 2. Entrepreneurship: Concept, Nature, Definition Characteristics, Importance, Role of entrepreneurship in development of economy, ethical dimensions. 3. Theories of Entrepreneurship: Innovative theory, Theory of social change, Theory of model personality, Theory of Social behaviour. 4. Entrepreneurial environment: Political, Economical, Technical, Social, Cultural, International. 5. Entrepreneurship Strategies & Policies: Need and types of business strategies, Concept of Entrepreneurial Strategies, Need for effective Entrepreneurial Policy. 6. Project Identification and Formulation: Criteria for selecting a particular project, scaning of business environment and identifying projects, steps in project formulation and project evaluation (organizational aspects, commercial aspects and legal aspects) 7. Preparation of Business Plan/Project Report: Significance contents, formulation planning commission guidelines for formulating the project report and common errors in project formulation. 8. Institutional Finance to Entrepreneurs: Commercial banks, Financing institutions (IDBI, IFCI, ICICI, IRBI, LIC UTI, SFC, SIDC, SIDBI and EXIM Bank). 9. Choice of Organization: Sole Proprietorship, Partnership, Joint Stock Co., Cooperative Text Reading 1. David H. Holt Entrepreneurship: New Venture Creation, PHI 2. Mary Coulter Entrepreneurship in Action,PHI 3. B.K. Mohanty Fundamentals of Entrepreneurship, PHI
FA-403C WEALTH MANAGEMENT Course Objective: The objective of this course is to equip students with skills required for managing wealth of high net worth individuals and to familiarize them with the vital aspect of wealth management i.e. wealth accumulation, wealth preservation and wealth accumulation. Contents 1. Mix Introduction to Wealth Management 2. Understanding Wealth Management Process 3. Basics of Investment and Investment Products: Time Value of Money, Equity, Bonds, Money Market, Derivatives, Real Estate, Art, Gold, Antiques, Charity, Trusts. 4. Client Profiling and Lifestyle Guide to Investing: Preparing for a Clients Meeting, Identifying Personal Characteristics of Client, Understanding Clients Needs, Determining Clients Time Horizon, His Risk Tolerance 5. Financial Planning: Asset Allocation, Planning for Tax, Capital Gains, Insurance (Life and Health), Retirement, Real Estate. Choosing an Asset Mix. 6. Measuring Risk and Return for each Product, Managing Constraints, Portfolio Construction, Review of Portfolio. 7. Concept Selling, Attitude Modification, Customer Modification, Negotiation Skills, Listening Skills, Leadership Skills, Team Work. Reference Books: 1. Personal Finance ; Arthur J Keown, Pearson Education 2. Personal Financial Planning; G.Victor Hallman & Jerry S Rosenbloom, TMH 3. Investment Analysis and Portfolio Management; 7ed, Frank K. Reilly, Keith C. Brown; Thomson Learning 4. Donald E. Fisher and Ronald J. Jordan, Security Analysis and Portfolio Management; PHI Pub. 5. Quantitative Methods for Valuation of Financial Assets; A.S. Ramasastri, Response Books, Sage Publications 6. Edwin J. Elton and Martin J. Gruber, Modern Portfolio Theory and Investment, John Wiley and Sons. 7. Jagdish Sheth and Atul Parvatiyar, Customer Relationship Management, Tata McGrawhill. 8. John W. Newstrom and Keith Davis, Organizational Behaviour : Human Behaviour at Work New Delhi, Tata McGrawhill
FA-404C STRATEGIC FINANCIAL MANAGEMENT Course Objective: The objectives are to focus the student s attention on various aspects of financial decision making and to help them develop skills of critical analysis, thinking and synthesis in the process of decision making Course Content: 1. Strategy:- Definition and various schools of strategies. 2. Basic Models in Strategic Management:- BCG, Win-Win, Mckengy, Pestel, Swot etc. 3. Suggested Basic Strategies:- CK Prahlad, Sumantro Ghoshal, Michel Porter, Steven Covey etc. 4. Working Capital Strategies of a firm. 5. Structural Strategies :- Mergers, Acquisitions, Amalgamations, Reverse Mergers and turnaround strategies of a corporate firm. Books Recommended: 1. Mergers & Acquisition, R. Machiraju 2. Mergers & Acquisition and Corporate Resmeturies, Weston, Chung & Hong 3. Financial Management, - Prasanna Chandra 4. Corporate Finance & Investment, R. Pike & Node 5. Finance : A management guide for managing company funds ad profit, I.M. Pandey 6. Financial Decision, - Hompton
Course Objective: FA-405C INDIRECT TAXATION The Objective of this course is to help the students understand the concepts, tools and skills of Indirect Tax Law and their application in area of finance. Course Content: 1. Excise Law Introduction and Importance, Important definitions (Excisable goods, Adjudicating Authority, Curing, Manufacturer. Manufacture, Factory etc.). Classification of goods under Central Excise. Valuation under Central Excise, Valuation Rules, CENVAT Credit Rules. Excise Rules & Guidelines etc. 2. Customs Law - Basic concepts, Nature and types of custom duty, Valuation Rules & Calculation of Custom duty, Exemption from duties, Clearance of Import and Export Goods, drawback of duty. 3. Central Sales Tax Act - Introduction, important definitions Terms and Conditions, Provisions relating to Inter State Sales. Sales against form C & D Determination of Gross Turnover & Sales Miscellaneous Provisions, Registration, Assessment, Penalty and Prosecution. 4. Annual Report of Companies - Analysis, Understanding & Interpretation of Annual Report and grasping financial position of the Company. 5. Listing Agreements along with Corporate Governance - Insider Trading (Concepts & guidelines) and Mutual Funds (Concepts, procedures & SEBI Guidelines) 6. EXIM (Export-Import Policy) - Latest Trends & Guidelines, Foreign Companies - formality & Legality & Inter-corporate Loans (along with circulation of Limits on Loan. 7. Service Tax - Important Provisions. Text Reading: 1. Indirect Taxation - BARE Act 2. Companies Act, 1956 BARE Act 3. SEBI Guideline on Mutual Fund 4. Stock Listing Agreement 5. Material on "Tax Indirect Law's" issued by the Institute of Chartered Accountants of India and The Institute of Company Secretaries of India. 6. Munish Bhandari (Corporate Laws) 7. Yogandra Bangad & Vandana Bangad (Indirect Taxes) 8. Singhania (Income Tax & Central Sales Tax Act) 9. (GK Kapoor), Company Law 10. V.S. Datey (Indirect Taxes) 11. SEBI Guidelines on Insider Trading
FA-406C CORPORATE FINANCE AND TREASURY MANAGEMENT Course Objective: This course gives the participants the exposure of the conceptual dimensions of corporate finance and treasury management Course Content: 1. Introduction to Corporate Finance. 2. Various Sources of Corporate Finance:- Their uses, advantages and limitations. 3. Global Sources of Corporate Finance:- Various Sources, their uses and limitations, global SWOT analysis. 4. Planning the Sources of Finance:- Financing Norms and Policies of various financial institution. 5. Latest Developments in Corporate Finance Overview a. Corporate Debt Restructuring Mechanism of RBI, b. Securitization Act Conceptual Framework. c. Debt Recovery Tribunal, d. Substitution of BIFR by National Company Law Tribunal 6. Treasury Management References: a. Cash Management, b. Receivables Management, c. Fund Management, d. Money Market Operations 1. Financial Management I.M. Pandey, Vikas Publishing House 2. Financial Management Prasanna Chandra, Tata McGraw Hill 3. Financial Management Khan & Jain, Latest News Magazine & Newspapers
FA-407C WORKING CAPITAL MANAGEMENT Course Objectives To develop students knowledge of Working Capital Management Understand the relationship between long-term financial decisions and short-term financial planning and interaction between the components of working capital Learn to effectively manage working capital Contents 1. Short-term sources/uses of funds 2. Links between long-term and short-term financing decisions 3. Components of working capital 4. Estimation of Working Capital needs and Changes in working capital. 5. Inventory Management 6. Credit policy: credit analysis, credit decisions, collection policy. 7. Liquidity management: cash balances, cash dynamics and forecasting 8. Payment systems: cash collection and disbursement systems, information technology and cash management. 9. Cash management instruments: short-term lending, money market instruments, shortterm borrowing. 10. Financing Current Assets Reference Books 1. Brealey, R.A. and S.C. Myers, Principles of Corporate Finance, 5th edition, McGraw Hill, 1996. 2. Samuels, Wilkes and Brayshaw, Management of Company Finance, 5th edition, Chapman & Hall, 1995. 3. Kennedy, T.M., M.J. MacCormac and J.J. Teeling, Financial Management, 5th edition, Gill & MacMillian.
FA-408C E-COMMERCE TECHNOLOGY Course Objectives This paper focuses on Electronic Commerce Technology and related issues. Course Contents: 1. e-business fundamentals. e-commerce frame work. e-commerce application, network infrastructure for e-commerce. 2. Mobile and wireless computing fundamentals: Mobile computing framework. Wireless technology and switching method, Mobile information access device, mobile computing application. 3. Handling money on the net: Type of e-payment, Digital token-based e-payment, smart card, credit card payment systems, risk on e-payment, designing e-payment. 4. Inter-organization commerce: EDI application in Business, EDI: legal, security, standardization and EDI. EDI software implementation, VAN s (value added net work), Internet based EDI. 5. Electronic market place of buyers and sellers: consumer and business markets: ordering on-line. Advertisement and marketing on Internet. Offering customer product on the net. Electronics customers support. 6. Corporate Digital Library: Web-cataloges, business care for documents library, type of digital documents. Documents infrastructure, Data warehouses, Multi Media and digital video. 7. e-commerce standard, e-commerce Laws. 8. Security and Electronics commerce: Client server security, Network security, Data & Message security, and Document security, Fire Walls. 9. Future of electronic commerce: Virtual Factory, Strategies for Electronic Commerce. Web Marketing & Statistics, Making Money on Net. Web portals concepts, supply chain management. 10. IITML / DTML. Text Readings: 1. Reynolds, Beginning e-commerce, Shroff Publication. 2. Bajaj, e-commerce, Tata McGraw Hills. 3. A hand Book of Web-Commerce Technology, Tata McGraw Hill.