DEPARTMENT OF BUSINESS ADMINISTRATION

The Department of Business Management was established in the year 2005 with 24 students who completed their final year in 2008. Today the department has grown having 91 students in the first, second and third year.

As the business environment today is challenging and looks for professionals who can work on diverse platforms, the department seeks to build and nurture students with strong academic and effective diversity skills.

The department periodically arranges for guest lectures and industrial visits to expose students to the actual work situations. The students are encouraged to present seminars on wide ranging topics to improve their presentation skills.

• Certificate Course:-

An inter-disciplinary 30 hrs certificate course is being offered to the B.Sc., PCM and PMCs students by the department along with the Department of Physics, on the topic “Know Your Bank”.

Specialisation For Final Year Students:-

• Human Resources Management
• Financial Management

Programme Outcome :-

• To make students understand the basic principles of business administration.
• To acquire the knowledge of functional areas of management like HR and Finance.
• To acquire entrepreneurial skills and analytical skills.
• To make students effectively coordinate and work in a team.
• To make students able to solve the problems and make proper decision by analyzing data.
• To provide for overall development of the students.

Programme Specific Outcome

• Students have choice to pursue professional courses such as CA, MBA, CMA, ICWA, CS etc.,
• Students will be able to play role of businessmen, entrepreneur, managers, consultants, which will help the learners possess knowledge and other soft skills.
• Developing specific managerial skills to own or manage business activities.

• Course Outcome

FINANCIAL ACCOUNTING

• To enable the students to understand the concepts and conventions of accounting, and also accounting standards.
• Preparing financial statement in accordance with appropriate standards, Journal entries, ledger accounts cash book maintenance, subsidiary books etc.
• To enable the students to understand partnership account like admission, retirement, death and dissolution of partnership.
• To understand the concept of branch accounting and its system, hire purchase and installment System.
• To enable the students to understand consignment, Bills of exchange, depreciation of Assets.
• To understand issue and redemption of shares and debentures, their types.
• Know the steps to liquidate the company, prepare liquidator’s final statement of accounts.
• To have a knowledge of right share, bonus shares, stock option, e-trading, BSE, NSE, and

INDIAN BUSINESS ENVIRONMENT

• Understanding business environment at national and international levels.
• Knowledge about various forms of organizations.
• Study about Business Process Management.
• Measuring implementation and impact of Liberalization, Privatization and Globalization on Indian Economy.
• Justifying performance, role, function, merits and demerits of Foreign Capital, Multinational corporations and International Corporation (IMF, IBRD, WTO and SAARC).

ENVIRONMENTAL STUDIES 

• Understanding environmental concerns by the students at the undergraduate level.
• Understanding the relationship of man with the environment and help them change their attitude for more positive, proactive, eco-friendly and sustainable lifestyles.
• Getting information about climate change, Global warming, Acid rain, Greenhouse effect, Ozone, layer depletion.
• Cultivating attitudes to safeguard the environment built particularly with field experience.
• Realization of the impact of human actions on the immediate environment and the linkage with the larger issues.
• Getting information about Environment Protection Acts.

 PRINCIPLES OF MANAGEMENT

• Supporting to achieve group goals.
• Knowledge about motivating employees by providing financial and nonfinancial incentives.
• Evaluating the economic growth and development of an organization.
• Understanding the relation between individuals, groups, departments and between levels of management.
• Comprehending the human resource productivity.

BUSINESS DECISION THEORIES

• Understanding the basic concepts of demand and supply and their determinants.
• Analyze how elasticity affects revenue, BEP and Demand.
• Understanding the concepts of National Income and the methods of calculating National Income.
• Defines the characteristics of perfect competition, monopoly, oligopoly and duopoly.
• To know the price and output decisions of all forms of market structure and application of price discrimination.
• Analyzing cost function and difference between short run and long run cost functions.
• Define and apply concept of elasticity of demand and supply
• Identify key elements of demand and supply
• Explain the concepts of National Income and how these economic indicators are used to assess the state of economy.
• Compares calculation of methods of national income
• Define behavioral approach towards decision making
• Explain different types of cost
• Explain indifference curve

GLOBAL BUSINESS ENVIRONMENT

• To familiarize with global business environment
• To make them understand about different trade policy on export and import
• To develop the knowledge about international business
• To create an awareness about various international trade, institutions(IMF, IBRD, IFC, IDA etc.,)
• To develop knowledge about different marketing strategies.

MANAGEMENT OF SERVICES AND MANAGEMENT INFORMATION

• To acquire the knowledge of various service sectors banking and insurance, hotel management, hospital and educational services etc., and managing the service sectors.
• To acquire the knowledge of event management like corporate event, private event, small event, grand event, musical events, sports events, fashion shows, trade fairs and exhibitions.
• To acquire the knowledge and structure of Management Information System.
• Information of various levels of management, value of information in decision making.

COST ACCOUNTING

• To understand the concepts of cost accounting and to expertise in presenting cost centre and profit center, preparing cost sheet.
• To have the knowledge on material cost and its methodologies, classification of overheads.
• To have knowledge of computing wages under different methods.
• To understand the allocation, apportionment, re-apportionment and absorption of overheads.

MANAGEMENT ACCOUNTING

• Apply management accounting concepts & tools for the decision making faced by a management.
• Apply management accounting concepts & tools to take financial decisions & cost ascertainment.
• Apply the techniques of management accounting for Cost minimization & Profit maximization.
• Knowledge about Ratio Analysis, Various Budgets, Standard Costing Etc.,

QUANTITATIVE TECHNIQUES

• To learn about laws of indices, laws of logarithms, and its applications
• To know arithmetic and geometric progression- business applications
• To learn about ratio proportions and percentages
• To learn about Matrices and determinants- operations and properties.

COMMERCIAL LAW

• It helps to understand the legal formalities required in business.
• It helps to resolve the legal issues occuring in business.
• It helps to do business legally.
• To know the different types of contract, methods of contracts and different modes of breaching the contracts.

COMPANY LAW

• To Know different types of Company, legal obligations, etc.,
• To enable students to know how to form a company
• To have knowledge about articles of Association and memorandum of Association
• To have a knowledge of issue of share and debentures.

ENTREPRENEURSHIP DEVELOPMENT

• Entrepreneurship Development involves a wide range of training and experience and designed to prepare students for starting and managing their own business.
• This is the subject which teaches the students how to start their own business, what quality should an entrepreneur have, what are the government schemes provided by small industries.
• It helps to get detailed knowledge about the business plans and other things.

MARKETING MANAGEMENT

• Marketing management helps the students to analyse product design, promotion, selling and distribution
• The students focus more on the concepts and field work such as promotion, advertisement, research and sells.
• Marketing is the subject which gives us the detailed information about customers, sellers manufactures etc.

FINANCIAL MANAGEMENT

• This course enables the students acquire knowledge about the Capital budgeting, Working capital, cash management, and better financial management techniques.
• Financial decisions, Capital Structure decision, dividend policy.
• Apply the fundamental concept & tools of Finance
• Apply financial management concepts & tools to the decision faced by a manager.
• Apply financial management concepts & tools to the financing decisions & dividend decisions faced by the firm.
• Evaluate the corporate governance structure of firms & examine the interactions between firm management & financial markets & Stakeholders.
• Appraise the risk profile of the firm.

BUSINESS STATISTICS

• Acquaintance with some basic concepts in statistics. Making familiar with some elementary statistical methods of analysis of data viz. Measures of Central Tendency, Dispersion, Skewness and to interpret them.
• Analysis of data pertaining to attributes and to interpret the results.
• Acquainting with some basic concepts of probability. Ability to distinguish between random and non-random experiment. Ability to find the probabilities of various events.
• Ability to understand the concept of conditional probability and independence of events. Ability to distinguish between univariate and bivariate probability distribution.
• Ability to understand the concept of correlation and computation of correlation coefficient. Interpreting the value of correlation coefficient and its use in regression analysis.

INCOME TAX

• To make the students know basic concepts of income tax
• To gain knowledge about various heads of income.
• Understand the various deductions given under various heads of income.
• To know the deduction available under section 80C to 80U of income tax Act.
• To know the method of calculating tax liability, TDS and advance tax.
• To gain knowledge about GST and its implementation

FINANCIAL SERVICES

• Students learn about various financial services provided by NBFCs and Merchant Bankers.
• Create awareness about the roles and functions of stock exchange and e-trading
• To understand the rights and obligations of depositories, participants, issues and beneficial owners.
• Understand the consumer finance practices followed in India by banks and other financial institutions.

HUMAN RESOURCE MANAGEMENT

• HRM helps to understand the man power status or condition in the organization.
• HRM helps to understand human recourse policies in the organization.
• HRM is the lifeblood of every origination flows by utilizing the human resources.
• HRM tells us how to deal with HR in decent manner.
• It helps to understand Labour Laws and Industrial Relations.

INTERNATIONAL BUSINESS

• International business helps to understand the EXIM procedure.
• International business helps to understand the EXIM documentation.
• International business helps to know the contribution done towards country’s development.
• International business helps to understand the domestic and foreign market conditions.

ORGANISATIONAL BEHAVIOUR

• It helps to understand the different behavioral aspects of employees.
• It helps to understand how individuals and groups influence the organisational goal.