Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Accounting and Finance

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum
Course Code: DM 130 Course Credit: 3.0
Aims and Objectives

Course Name: Financial Accounting Pre requisite: FD 01: Foundation Financial Accounting
Annual report distributed by public listed companies helps various stakeholders in the business to make better economic decisions. The purpose of BM 34 course is to demystifying various financial statements that are part of the annual report. At the end of the course, the students would have developed financial analysis skills that are useful in business decision making. Emphasis will be on the interpretation, rather that the preparation of financial statements. This course is designed to inspire students to make better judgment calls by utilizing an easy decision-making tool Ratio Analysis.

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Course Outline Overview of Book-keeping, Financial Accounting & Management Accounting Types of Business structure Introduction to financial statements Detail review of financial statements Accounting Information System GAAP & Accounting Equations GAAP & Accounting Equation Quiz & Assignments Cash accounting & accrual accounting systems Accounting Standards (Depreciation, Stock valuations, Accounting Policy etc.) Demystifying Income Statement Demystifying Balance Sheet Quiz & Assignments Understanding Cash Flow Statement Understanding Fund Flow statement Change in Working Capital Mid-term Examination Financial Ratio Analysis & their interpretations Solvency & Profitability Ratios Profitability & Efficiency Ratios Leverage & Market Related Ratios Project Work Interpretation Financial Statements using ratio analysis as tool Books: RECOMMENDED BOOKS: 1. Financial Accounting _ A Managerial Prespective - R. Narayanaswamy Prentice Hall India, 3/e 2. Financial Accounting For Management-N. Ramachandran & Ram Kumar Kakani- TMH Publications, 1/e, 3. Introduction to Financial Statement Analysis Ashish K Bhatta charya Elsevier India (P) Ltd, Recommended books for modules 5&7. 4. Financial Accounting-P. C. Tulsian Pearson Education India, 1/e, REFERENCE BOOKS: 1. Financial Accounting for Management: An Analytical Perspective Ambrish Gupta, Pearson Education, 1/e, 2. Financial Accounting: A Managerial Emphasis Ashok Banerjee, Excel Books, 2003 3. Accounting For Managers Maheswari & Maheswari Vikas Publishing house (P) Ltd. 4. Financial Statement Analysis Wild Tomson Cengage Learning Ltd. 5. Advanced Accountancy- R.L. Gupta & M. Radhaswamy Sultan Chand Publications, 2002 6. Accounting for Managers-Bhattacharya- Vikas Publications, 3/e, 2004 7. Financial Accounting for Business Managers, Ashish K Bhattacharya, PHI, 2/e, 2005 8. Accountancy Vol I & Vol II, B.S. Raman Universal Publishers, 2002 9. Accounting For Managers Jawaralal Himalaya Publishing House, 4/e, 2004 10. Accounting for Managers Hendrikson. 11. Accounting for Managers Anthony & Reece. Students are expected to study carefully at least two Annual reports during the trimester I. Selection of the Annual Reports will be done by the faculty concern

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 131 Course Credit: 3.0 Aims and Objectives

Course Name: Managerial Accounting Pre requisite: : Accounting for Managers Managerial Accounting is concerned with information needed to effectively plan and control company operations and make good business decisions. The overall objective of this course is to provide you with the concepts and tools needed for planning, control, and decision-making.

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Course Outline Class Organization and Introduction to Managerial Accounting Cost Concepts, Manufacturing Costs and Job-Order & Process Costing Systems Cost-Volume-Profit Analysis Cost Allocation and Activity-Based Costing The Use of Cost Information in Management Decision Making Pricing Decisions, Customer Profitability, and Activity Based Pricing Budgetary Planning and Control Standard Costs and Variance Analysis Decentralization and Performance Evaluation 1. 2. 3. Introduction to Management Accounting, 8e by Charles T Horngran & Gary L Sundem Prentice-Hall, India Management Accounting Khan MY & PK Jain TMH Managerial Accounting, Concept for Planning, Contro & Decision Making by Ray H Garison Business Publication

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 132 Course Credit: 4.0 Aims and Objectives

Course Name: Corporate Finance Pre requisite: Foundation Course, DM 130 & DM 131 The course facilitates understanding of complex concepts of finance & explains nuances of managerial decision making process. The course is designed to develop deep understanding of four key area of financial decision in corporate world: Investment Decision, Financing Decision, and Working Capital Management & Dividend Decisions. With the emergence of various computing tools like excel, the emphasis in this course will also be on decision making models.

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Course Outline Corporate Finance Overview (Information Asymmetry & Corporate Governance issues) Time Value of Money Discounting & Present Value, Compounding & Future Value Valuation of securities (Bonds & Equity), Yield computation Risk & return measuring realized return, expected return, measurement of risk Portfolio Theory, CAPM & Valuation Efficient Frontier, Covariance, Optimal Portfolio Capital Allocation Line Capital Budgeting Types of Projects & methods of budgeting A Comparison between NPV & IRR Matching Cash Flow & Discount Rate Capital Rationing WACC Mid-term Examination & Project Lease & Hire Purchase (Capital & Operating Lease) Lease vs. Buy Hire Purchase vs. Lease Financing Decision - Capital Structure Financial Leverage & Operating Leverage EBIT-EPS Analysis & ROI-ROE Analysis Capital structure with corporate tax & with personal tax Capital Structure with Bankruptcy cost Dividend Decisions Walters Model, Gordon Model & Modigliani Model Dividend Theory, policy & practice Working Capital Management - Introduction Inventory Management Receivable Management Cash Management Text Book: 1. Corporate Finance By Ross, Westerfield & Jaffe 7e TMH 2. Principles of Corporate Finance 7e By Brealey Myers TMH Other readings: Making the Decision to Convert Lottery Prize Winnings: The Case of the Singer Asset Finance Company Business Statistics Azcel and Soundarapandian TMH. Body Shop International Home made case on Debt Policy & Valuation

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 133 Course Credit: 3.0 Aims and Objectives

Course Name: Management of Banks and Financial Institutions Pre requisite: Foundation Course, DM 130, DM 131 & DM 132 The banking industry has undergone seismic changes during the past two decades. Deregulation, consolidation, financial crises, product innovation and technological advances have changed the face of the financial services sector. The primary objective of this course is to acquaint students with the latest tools of bank management. This includes an understanding of bank financial statements, performance analysis, bank regulation, risk management and recent trends in the banking industry.

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Course Outline Introduction to Financial Intermediation, Banking Industry in India Bank Financial Statements Performance Analysis Introduction to Risk Management Market Risk Management of Bank Capital First Basel Accord Second Basel Accord Text Book: Dr. Meera Sharma, Management of Financial Institutions with Emphasis on Bank and Risk Management, Prentice-Hall of India Pvt. Ltd. Other readings: Banc One The Transformation of IDBI R&D comes to Services The Japanese Banking Sector Crisis

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 134 Course Credit: 3.0 Aims and Objectives

Course Name: Financial Services & Financial Markets Pre requisite: Foundation Course, DM 130, DM 131 & DM 132 The aim of the course is to provide fairly good knowledge about various financial services provided by NBFC & Role of Financial Markets. The code of conduct of different intermediaries as per RBI & SEBI ets. Students are wxpected to acquire knowledge about SWF, Venture Capital Hedge Funds etc.

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Course Outline Introduction to Financial Systems Comprises of Services, products, markets & institutions. Comparison between financial institution & non-financial institutions Non-Banking Financial Companies & RBI Guidelines Merchant Bankers Public Issue of Shares Methodologies like book buildings & Procedural aspects IPO pricing & regulatory compliances SEBI & Listing Compliances Rights issues, private placement Mutual funds & Hedge Funds SWF & Pension Funds Venture Capital Companies & Venture Capital Funds Factoring & forfeiting Quiz & assignment Capital Markets & Money Market Primary market & secondary market Depositories & Demat Accounts Trading in capital market Rating Agencies Types, Process, Methodologies Mid-term Evaluation Basics of money market & money market participants Money market instruments Call money, term money, notice money, commercial papers, Certificate of deposits & T-bills FIMMDA, PDAI,AMFI Text Book: 1. Financial Institutions & Market by LM Bhole TMH 2. Credit Rating BY JC Verma - Bharat Law 3. Financial Services by MY Khan Other readings: 1. SEBI Guidelines 2. Investment Banking & Financial Services 3. Study Material provided by concerned faculty meber

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 135 Course Credit: 3.0 Aims and Objectives

Course Nam e: Derivatives and Risk Management Pre requisite: Statistics for Business To enable students to have a detailed understanding of the special characteristics of derivatives including forwards, futures, swaps, options and others, and their relationship to the underlying cash securities. To be able to use these instruments to address a wide range of trading and investment objectives. To understand and be able to control the risks of financial derivatives and derivatives portfolios.

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Course Outline Derivatives Basics and Need of Market Futures Markets Forward and Futures Prices Interest Rate Derivatives Swaps Options and Options Markets Binomial Option Pricing Models Strategies of Options Hedging Option Pricing Bounds Black-Scholes Model Sensitivity Analysis (the "Greeks") Risk Management and VaR ALM and Credit Risk Management Text Book: 1. Introduction to Futures & Options by John C Hull Prentice Hall 2. Options & Futures by David A Dubufsky McGraw Hill Other readings: 1 Understanding Options by Robert W Kolb John Wiley & Sons Inc.

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 136 Course Credit: 3.0 Aims and Objectives

Course Name: Project & Infrastructure Finance Pre requisite: Financial Management, Project management Limited recourse or non-recourse financing is one of the principal means used to finance large infrastructure and strong revenue producing projects both domestically and internationally. Lenders, particularly bilateral and multilateral lenders in emerging market transactions, are willing to take post-completion project revenue risk when the myriad of commercial and political risks are properly allocated among the transaction participants or adequately mitigated. Project financing will be contrasted with balance sheet financing for similar transactions. Case studies will be used to analyze issues that are confronted in utilizing project financing, with emphasis on international project financing, at the development, construction, and operations phases, emphasizing lender concerns, but including environmental, labor, political, and other issues. Emphasis will be placed on understanding risk analysis, the rationale for appropriately allocating risk among the parties, and the means of mitigating risks by the parties to whom risks are allocated. Coverage will include selected documentation issues and the underlying international legal and regulatory drivers behind various provisions in agreements for project finance transactions. Coverage will also include an introduction to workouts and restructurings of failing project finance transactions. Selected international investment transactions, both actual and hypothetical, will be used to illustrate recurring issues.

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Course Outline An Overview of Project Finance: Who, What, Why, When, and Where; Glossary of Basic Project Finance Terminology and Accounting Concepts. Basic components of project finance; project participants and their roles; importance of structuring; review of structuring vehicles, Basic Considerations: To Project Finance or Corporate Finance? Project Participants, Structuring, and Structuring Vehicles Evaluating the Project; Sources of Financing Host Country Policy Considerations; Concessions, Licenses, Privatizations Lender Analysis; Project Finance Risk; Introduction to Project and Financing Documentation. Project Documentation: The Route to Risk Allocation; the Construction and Operation Phases; Documentation for Economic Survival Loan Documentation/The Lender's View of Risk Allocation: Memorandum of Understanding, Term Sheet, Commitment Letter, Loan Agreement (A review of project risks identification, allocation, and management) Collateral Security Arrangements: What They Are and Why They Are Needed Risk Mitigation Methods for Natural and Political Force Majeure: Opinions of Counsel, Commercial and Political Risk Insurance Political Risk: Nemisis or just another? Credit Support: Equity, Guarantees, and other Credit Enhancements Environmental, Worker Rights, Human Rights, Anti-Corruption, and other Policy Issues Troubled Loan Management (When All Else Fails): Dispute Resolution, Foreclosure, Restructuring, and Other Remedies Text Book: 1. Project Financing: Asset Based financial engineering by John D Finnerty (John Wiley & sons Inc.) 2. Project Financing by Peter K Nrvitt & Frank J Fabozzi, Euromoney Books 3. Projects: Planning, Analysis, Financing, Implementation & Review 5e by Prasanna Chandra TMH -8-

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum
Other readings: Various research Articles and papers available on EBSCO & Emerald

Course Code: DM 137 Course Credit: 3.0 Aims and Objectives

Course Name: International Finance & Trade Pre requisite: Foundation Course, DM 130, DM 131 & DM 132 This Course exposes student financial markets, instruments and various strategies of hedging. The quantitative tools covered in this course make students competent to understand the transactions of a dealing room and help in grooming their negotiating skills in the international markets. The course also gives emphasis on international economics. International trade, financing foreign trade and various intricacies connected therewith.

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Course Outline Financial Management in a Global Perspective International Monetary System and Financial Markets An Overview International Trade Theories Trading Blocks GATT and WTO The Foreign Exchange Market The Links between the Forex Market and the Money Market Nature and Measurement of Exposure and Risk Managing Transactions Exposure Operating Exposure Short Term Financial Management in a Multinational Context International Equity Investment Long Term Borrowing in International Capital Markets International Project Appraisal International Accounting & Taxation EXIM Policy Letters of Credit Uniform Customs and Practice for Documentary Credits 1993 Revision - Rules, ICC Uniform Rules for Collection Export Finance and Exchange Regulations Import Regulations and Current Developments Text Book: 1. International Financial Management by PG Apte ICFAI 2. International Finance by VA Avadhani Himalaya Publishing House Other readings: 1. Sufficient Reading Material will be provided by the concerned faculty

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 138 Course Credit: 3.0 Aims and Objectives

Course Name: Fixed Income Securities Pre requisite: Financial Management, Business Statistics, MS-Excel This course provides an in-depth analysis of the concepts that are most often encountered in the global market for fixed income securities. The goals of the course are threefold: (1) to develop the set of tools required to evaluate virtually any fixed income instrument; (2) to illustrate the mechanics and intuition of hedging and other trading and portfolio strategies; and (3) to explore the key features of both traditional and derivative fixed income instruments in a global context. The course focuses on topics that are most likely to have practical relevance for students, while helping students develop a theoretical and mathematical approach to valuation and risk management that will be useful in a wide range of financial applications.

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Course Outline Introduction: Overview of debt securities; Market in debt instruments; Risk associated with investing in fixed income securities; The primary and secondary bond markets; Bond market indices Basic Analytics: Bond pricing; Yield measures and Total returns; Calculating investment returns; The structure of interest rates; Overview of forward rate analysis Securities: Treasury and Municipal securities; Features of Municipal securities; Money market instruments; Corporate bonds; Inflation-linked bonds; Floating rate securities; International bond markets and instruments; Convertible securities and characteristics; Emerging market debts Credit Analysis and Credit Risk Modeling: Credit analysis for corporate bonds; Credit risk modeling; Rating agency approach to structured finance Valuation and Analysis: Fixed income risk modeling; Valuation of bonds with embedded options; Valuation of mortgage-backed securities; Convertible security valuation; Market yield curve and fitting the term structure of interest rates; Hedging interest rate risk with term-structure factor models Bond Portfolio Management: Introduction to bond portfolio management; Global credit bond portfolio management; Bond immunization Asset Liability optimization strategy; Dedicated bond portfolios; International bond portfolio management Fixed Income Derivatives: Introduction to interest rate futures and options contracts; Application of futures in bond portfolio management; Interest rate swaps and swaptions; Interest rate caps and floors with compound options; Introduction to credit derivatives Text Book: Bond Markets: Analysis & Strategies by Frank J Fabozzi, 5th edition, Pearson Education, New Delhi Other readings: Handbook of Fixed Income Securities by Frank J Fabozzi, 7 th edition, McGraw-Hill, New Delhi Fixed Income Securities, Bruce Tuckman, 2nd edition, Wiley Publications, USA Fixed Income Securities and Derivatives Handbook by Moorad Choudhary, Bloomberg Publications, USA Handbook of Debt Securities and Interest Rate Derivatives by A V Jajwade, Tata McGraw-Hill, New Delhi Analysis of Fixed Income Securities by Johnson, Academic Publishers, USA

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 139 Course Credit: 3.0 Aims and Objectives

Course Name: Investment Management Pre requisite: Statistics To develop an understanding of practices of investment analysis and management in business context. To develop the students ability to use financial information in business analysis and manage return on investment. To understand various practices of capital market theory and use of information in pricing financial instruments. To familiarize the students with the current models of research and evaluation in the Investment market.

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Course Outline Investment Environment and Financial Instruments Handling Database and Financial Analysis Asset Allocation Decision Risk Return Theory: Utility Theory, Economic and Industry Analysis Financial Statement Analysis Various Issues relating to Beta Security Valuation equity, debt, bond Technical Analysis Portfolio Theory, CAPM, APT, Multi-factor Models Capital Asset Pricing Model Portfolio Performance Evaluation Portfolio Management Process & Analysis Text Book: Investment Analysis and Portfolio Management , Frank K. Reilly & Keith C. Brown, VII Edition, Thompson Press, is recommended text book. Investments, Bodie, Kane, Marcus, Mohanty; McGraw hill. 2006.

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 140 Course Credit: 3.0 Aims and Objectives

Course Name: Financial Report Analysis & Valuation Pre requisite: Foundation Course, DM 130, DM 131 & DM 132 Financial Report Analysis & Valuation deals with analysis of financial statements for making investment decisions. The main focus is on equity valuation, with credit analysis. Fundamental analysis approach will be examined in detail and applied in cases and projects involving real-life listed firms. The course is of interest to those contemplating careers in investment banking (particularly in equity research), security analysis, consulting and corporate finance. After the course, the students should be able to answer questions such as:

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Course Outline Introduction: Using financial statements in valuation; Architecture of financial statement analysis; The Valuation Models Introduction to Cash flows, Asset-based, Multipliers, Emerging methods Analysis of Financial Statements: Business activities and financial statements Analysis of Balance sheet, Income statement and Cash flow statement; Analysis of Profitability, Analysis of Liquidity, Analysis of Efficiency; Creating accounting value and economic value, Analysis of quality of financial statements Forecasting and Valuation Analysis: Financial Modeling and forecasting; Value of business operations; Full-information analysis and Business Strategy analysis Business Valuation: Corporate valuation DCF, Asset-based, Multiplier approach, Real Options Analysis; Valuation of intangibles, Valuation of IT and other new economy firms Analysis of Credit Risk: Suppliers of credit and price of credit, Ratio analysis for credit evaluation, Forecasting and credit analysis; Liquidity planning and financial strategy Analysis of Equity Risk: The nature of risk, Fundamental risk, Value-at-Risk profiling; Price risk Market inefficiency risk, Liquidity risk Text Book: i. Penman, Stephen (2007): Financial Statement Analysis & Security Valuation, Tata McGraw-Hill, 3rd edition ii. Damodaran, A (2006) Damodaran on Valuation, John Wiley & Sons, Inc., USA, 2 nd edition

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 141 Course Credit: 3.0 Aims and Objectives

Course Name: Commodity Trading & Price Risk Management Pre requisite: Statistics for Business To enable students to have an understanding of the commodity trading and demands in the commodity market. To make students aware of the procedures and operations of the commodity trading products & market To be able to use the financial risk management instruments to address a wide range of trading and investment objectives. To understand and be able to manage risk through these operations.

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Course Outline Introduction to Commodity Markets, Stock & Commodity Markets - A Comparison, Introduction to NCDEX & MCX, Global & Indian Commodity Exchanges, Forex & Commodity Markets, FDI & FII, Regulatory Issues. Introduction to Commodities as traded assets: Oil, metals markets, Commodity derivative products Introduction to Derivatives, Commodity Futures and Options, Trading Strategies using Commodity Futures & Options Trading Mechanism at Commodity Exchanges, Risk Management and Surveillance, Clearing Settlement & Delivery, Investment Opportunities in Commodity Markets Commodity price discovery: OTC and ETC markets, the ring, futures and physical, markets, Investment assets versus consumption assets, The cost carry model, Pricing futures contracts on investment commodities & consumption commodities Importance of Risk Management in Commodity Trading, Setting up of Commodity Desk, Banks, Warehousing & Commodity Trading, Accounting & Taxation, Technical Analysis Rules governing Commodity Derivatives Exchanges, Rules governing Intermediaries, Investor Grievances, Arbitration Rules, Accounting and Taxation issues Kabra Committee Report (Roadmap) Text Book: 1. Commodities and Commodity Derivatives: Modelling and Pricing Agriculturals, Metals and Energy (Hardcover) by Helyette Geman, Wiley. 2. Commodity Futures and Options by George Kleinman in Back for

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 142 Course Credit: 3.0 Aims and Objectives

Course Name: Mergers, Acquisitions & Corporate Restructuring Pre requisite: Statistics for Business The purpose of this course is to sensitize the students about the need for corporate restructuring for achieving fast growth and maximize shareholders value in the context of ever increasing competition thrown up by liberalization and globalization of Indian economy. It is expected that after pursuing this course the students will be able to develop competencies in identifying opportunities/areas for mergers, demergers, amalgamations and takeovers etc., carrying out valuations involved therein, building up strategies for them and evaluating the post restructuring performance of the enterprise

S. No. 1

Course Outline Introduction: Forms of M&As, Historic and Recent Trends, Data, Performance; the Theoretical Interpretation of M&As and its Analysis in the Framework of Corporate Finance Opening up the economy, Global view, Indian scenario, Economic liberalisation and Corporate Restructuring: Mergers, Acquisitions and Demergers, Objectives and Motivations. Techniques of and Procedure for organizing takeover bids, Search for acquisition of target company, Procedure for Takeovers and Acquisitions: Public announcement, Preparation of offer documents, Minority shareholders and their rights in takeover offers, Bailout Takeover, Soft Targets, Defence against takeover bids, Role of Merchant Bankers, Financial institutions and banks, Code of conduct, SEBI Takeover Regulations. Valuation and Exchange Ratio: Valuation of listed and unlisted companies, Modes of valuation, Fixing price for acquisition, Determination of share exchange ratio on merger, Feasibility analysis for cash acquisition, Valuation practices in India, Funding of Mergers and Acquisitions: Financing alternatives, Management buyouts, Leveraged Buy-Outs. Demergers: Divestitures, Spin off, Equity carved out, Split off, Split up, Reconstruction, Modes of Demerger, Tax aspects, Advantages and Procedure, Reverse merger: Requirements, Takeover by reverse bid. Accounting Aspects of Mergers and Acquisitions: Treatment of share premium and goodwill, Taxation aspects. Post-Merger Management: Accomplishment of objectives, Performance after merger. Text Book: Mergers & Acquisitions by Fred Weston M & A & Corporate Restructuring by Patrick A Gaughan Wiley Finance Series) Other readings: 1. Harvard Business Review on M & A

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 143 Course Credit: 3.0 Aims and Objectives

Course Name: Management Control Systems Pre requisite: FD 01, BM 34 & BM 35 The course has been designed to get knowledge & analytical skills related to designing, implementing & using planning & control systems to achieve organisations strategies. The emphasis of the course is on two major areas: i) various techniques of management control processes ii) behaviour consideration like motivation, goal congruence, reporting relationship between senior, peers & subordinates. The course is mainly understood through case study method. The specific control systems for service organisations & MNCs

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Course Outline The nature of Management Control Systems Management control & Task control Case Discussion Xerox Corporation Responsibility Center, cost centre, profit centre, investment center, SBUs & Transfer pricing issues & problems Case Discussion General appliance Corporation Strategic Planning, Budgeting & Budgetary Control Systems Quantitative & qualitative techniques & behavior aspect Case Discussion Boston Creamery Inc. Analyzing Financial Performance Variance analysis & limitation of variance analysis Case Discussion Solartronics Inc. Mid term examination Performance Measurement interactive control Case Discussion Dell Computer Corporation & Sears Management Compensation Agency Theory, Incentive for corporate office, Incentive for SBUs Case Discussion Worthington Industries Control for differentiated strategies Corporate strategy, SBUs Strategy & Top Management Style Case Discussion 3M Corporation Management Control System for Service Organisation MCS MNCs ( Foreign Exchange Transactions Case Discussion Nestle S.A. Management Control of Projects Text Book: Management Control Systems By Robert N Anthony & Vijay Govindrajan 10th Edition (Published by TMH) Other readings: List of cases to be taken up in the class discussion have already mentioned in the course outline

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum

Course Code: DM 144 Course Credit: 3.0 Aims and Objectives

Course Name: Treasury Management Pre requisite: Pre requisite: BM 34, BM 35 & BM 36 The objective of the course is to help the student gain insight into the myriad functions of a treasurer ranging from cash and liquidity management, reserves management, funds management to transfer pricing, and risk management.

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Course Outline Scope and Functions of Treasury Management Financial Systems, Markets and Instruments, Regulation Framework Financial Guarantees Internal Treasury Control Managing Customer & Investor Relationships Fund Management in Banks Investment Portfolio of Banks Asset Liability Management Treasury Operations Forex Market & Products Derivatives & Products Dealing room operations Text Book: 1. 2. Treasury Management by ICFAI Publications Analysis for Financial Management by Robert C Higgins Published McGrawHill/ Irwin Other readings: 3. 4. Euro Money Year Book Treasurys Hand Book By J P Morgan Pleming

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Post Graduate Diploma In Management (PGDM) 2009-11

Course Curriculum
Course Code: DM 145 Course Credit: 3.0 Aims and Objectives Course Name: Insurance Business Management Pre requisite: BM 40 & BM 41 The objective of this course is to help students to understand the concept of risk management through insurance. The course will also provide overview of different functions of insurance business like Product development, pricing & marketing. Issues relating to underwriting & claim management are also required to be understood by students S. No. 1 2 3 4 5 6 7 8 9 10 11 Course Outline Problem of Risk, Introduction to Risk Management, the Insurance Device and Risk Management Applications Nature of Life Insurance Business and Insurance Company Formation Organisational Structure of Insurance Companies Marketing Activities and Strategies Product Development Process Pricing Insurance Products Product Distribution Life Insurance Underwriting Customer Service Claims Settlement Legal, Regulatory and Compliance Operations Text Book: Principles of Risk management and Insurance (9th Edition) George E. Rejda Fundamentals of Risk & Insurance (9th Edition) - E.J. & Therese Vaughan. Life and Health Insurance (13th Edition) - Kenneth Blackawd Harold Skipper. Against the Gods- Peter L. Bernstein.

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