• Prof. Nayantara Padhi

This course is one of the basic courses for management students. It gives inputs for a learner who begins his career in an organization. This course gives in detail the functions of Management: Planning, Organizing, Staffing, Directing and Controlling which is essential for any manager in any type of organization to have an understanding. The course also gives an understanding about the organizational and managerial processes as to how leading an organization is important processes along with motivating employees so that the organization can meet its goals effectively. Similarly, the processes of Decision –making, communication, suitable organization structure and design are necessary for manager to understand in order to be efficient and effective. Lastly, the importance of culture, bringing change and the emerging trend of Corporate Social Responsibility is important to be competitive and strengthening an organization.

• Prof. Nayantara Padhi

Human Resource Management (HRM) is a management function that focuses on staffing, developing, maintaining, and retaining the organization's most precious resource: its people. HRM is concerned with the organization's plans and goals, which can be met by making the best use of human resources. This course lays the groundwork for understanding HR operations and honing your approach to effectively managing human resources. This course is divided into four blocks, each with three to four units. First block speaks about introduction to Human Resource Management. Second block is about sourcing of Human Resources. Third block is regarding performance and compensation Management and Fourth block discusses employer – employee relations.

• Prof. Leena Singh

In view of the dynamic nature of environment and increasing interaction between business and environmental factors/ forces a thorough understanding of environment of business is essential for business enterprises to operate successfully. A manager needs to have knowledge about various spectrums of business, the policy measures and their implications with reference to legal framework, taxation, budget, money market, capital market, corporate governance, business ethics, corporate social responsibility (CSR), foreign investment, exports and imports, balance of payments and technological advancement. Business organizations interact and transact with the business environment. Therefore, business organization and business environment are directly related. Business environment influences the scope and direction of business activity. This course which has four blocks thus focuses on the following: Concept, nature and scope of Business Environment; Types of environments and their impact on business; An overview of Indian Economy and the policy framework within which business organizations operate; Challenges posed by structural reforms and major initiatives by the government; International business environment to understand the developments at global level.

• Dr. Neha Seth

To understand the dynamics of business and analyse its operations one needs to be aware of various domains of knowledge and skill sets. When executives move to managerial roles, they should be equipped with multidisciplinary skill sets, and accountancy is one of them. This course is designed in a way that even learners with no prior knowledge of accountancy will be able to prepare and analyse various accounting statements after completing this course.The course encompasses a comprehensive curriculum designed to provide a deep understanding of accounting principles and practices. Key topics include the scope and conceptual framework of accounting, the fundamental accounting process, and the preparation of financial statements. Students will gain expertise in preparing financial accounts for companies and analyzing the classification of costs. The course also introduces advanced costing techniques, activity-based costing, cost-volume-profit analysis, and budgeting and budgetary control. Additionally, learners will explore variance analysis, interpretation of annual reports, and specialized areas such as human resource accounting and forensic accounting. This holistic approach ensures that students develop the skills required for effective financial management and decision-making in diverse organizational contexts.

• Prof. Anurag Saxena

This is a course which will introduce you to the basic concepts in quantitative techniques for managerial applications. It has Sixteen units.The first unit deals with sources, types, need and significance of data and data collection. The second unit systematically describes the classification and presentation of collected data.The third unit gives an insight into treatment of data through central tendency measurement.The fourth unit thoroughly discusses the deviations and different measures of variation.The fifth unit discusses the concepts, approaches, applications and relevance in decision–making.The sixth and seventh units deal with various application aspects of discrete and continuous probability distributions.The eighth unit systematically describes various approaches and analysis in decision theory The ninth unit deals with various aspects of sampling.The tenth unit discusses the sampling distribution of some commonly used statistics.The eleventh unit systematically describes the basic concepts of hypotheses and use of tests concerning statistical hypotheses.The twelfth unit gives you a clear understanding of the Chi-Square distribution The thirteenth unit presents an overview of methods of business forecasting.The fourteenth unit discusses the concept of correlation which is central in model development for forecasting. The fifteenth unit deals with a technique for establishing relationships between variables, namely regression. The sixteenth unit explains the basic concepts of time-series analysis. An exposure to stochastic models is also given.

• Prof. Rajeev Kumar Shukla

Welcome to the course on Marketing Management. Marketing plays a crucial role in managing the exchange process between a firm and its customers. The course begins with an introduction to the fundamental concepts of marketing, including the marketing mix, strategy formulation, and the environmental factors that influence marketing decisions. A comprehensive understanding of consumer behavior is also emphasized, as it helps in crafting effective marketing strategies. In the second block, we focus on two essential components of the marketing mix: product and pricing decisions. This block covers product strategy, including decisions related to product mix, branding, and new product development, as well as the critical role of pricing in achieving competitive advantage. The third block explores distribution and promotion decisions, discussing methods of communication, advertising, personal selling, and the distribution process, all of which are vital for reaching the target market. Finally, the course concludes with a focus on emerging trends in marketing, such as services marketing, digital marketing, and other modern approaches influenced by technological advancements. This course offers a well-rounded understanding of marketing, with practical applications to help you become proficient in managing marketing strategies.

• Prof. Neeti Agrawal

Communication in one form or the other has been an integral part of our lives since ages. Business Communication helps the employer and employee to share the thoughts, get the work done and professionally achieve new heights in the business world, communication can be oral and written. It can be formal and informal. Oral communication can be in the form of listening, reading which involves effective interpersonal communication techniques. Meetings are an integral part of any organization so proper communication in meetings play an important role. Written communication can be in the form of letters, memos, reports etc. These play an important role at the workplace. Technology and ethics is another important aspect which needs to be understood while discussing communication. This course focuses on these aspects.

• Prof. Dhanesh Kumar Khatri

Information Technology: An overview begins with a note about IT, it’s use worldwide and its advancement. It discusses about various types of Information systems. It entails a discussion on the business perspective of information technology. It talks about the Internet as network of networks around the globe and it’s use in business applications and social media. Use of IT in decision-making systems has also been discussed in this unit. Computer Systems and Smart Devices: enables you to be familiar with the components of a computer system. It discusses about CPU, Main Memory, Secondary memory, Input and Output devices, Networking and networking devices, Smart Devices, and plug & play devices. You will also comprehend the concept of networking. Computer Software describes the types of operating systems and their functions. You will learn about system software (operating system, language translations and utility programs) and application software (developed using programming languages). The philosophy behind open-source software is also explained there. Networking Technologies facilitates you to be acquainted with the data communication networks, the OSI model, and the communication protocol. You will be able to differentiate and identify among LAN, MAN, SWAN and WAN, Internet and Intranet. You will be able to understand the benefits to an organization due to networks. Client/server model and Cloud model of computing are also discussed in this unit.

• Prof. Anurag Saxena

The course is divided into four blocks and enables you to learn how to manage machines and materials in an organisation. BLOCK-1 OPERATIONS MANAGEMENT –AN OVERVIEW AND FACILITIES PLANNING The first unit introduces the subject of operations management which is equally applicable to products and services. The first stage of facilities planning is selection of product. The issues concerned with product selection are thus discussed in Unit 2. Where the facility should be located is discussed in details in Unit 3. Once the facilities have been decided, the layout of facilities has to be done. It is discussed in Unit 4. BLOCK 2 OPERATION PLANNING AND CONTROLThe four units of this block deal with the problems of production/ operations management in different kinds of production systems. These systems are based on material flow characteristics i.e. Mass Production (Unit 5), Batch Production (Unit 6), Job Shop Production (Unit 7) and finally planning and control of unit manufacture of projects (Unit 8), BLOCK-3 CAPACITY PLANNING, WORK AND JOB DESIGN & VALUE ENGINEERINGUnit 9 discusses the concept of capacity, how it is measured and the various methods for predicting capacity requirements. Unit 10 deals with the problems of design of work methods, systems and procedures. Unit 11 describes the major aspects of topics of Value Engineering and Quality management. BLOCK-4 MATERIALS MANAGEMENT Effective Material Management involves maximizing materials productivity. Unit 12 discusses various purchase systems and procedures. Problems related to reducing inventories in the context of reducing uncertainties in demand and supply are also discussed. Unit 13 discusses various standardization, codification and variety reduction methodologies for improving materials productivity. Unit 14 deals with, “how to minimize waste if it cannot be totally eliminated”.

• Prof. Leena Singh

Managerial Economics can be viewed as an application of that part of microeconomics that focuses on topics such as risk, demand, production cost pricing, and market structure. Understanding these principles will help to develop a rational decision-making perspective and will sharpen the analytical framework that the executive must bring to bear on managerial decisions. Individuals and firms interact in both the product and the factor markets. Prices of outputs and inputs are determined in these markets and guide the decisions of all market participants. The firm is an entity that organizes factors of production in order to produce goods and services to meet the demands of consumers and other firms. In a market system, the interplay of individuals and firms is not subject to central control. The prices of both products and factors of production guide this interaction. Within firms, however, transactions and information costs are reduced. The size of the firm is limited because transaction costs within the firm will rise as the firm grows, and because management skill is limited. It is assumed that the goal of the firm is to maximize the value of the firm or the present value of all future profits, defined as revenue less all costs, explicit and implicit. Implicit costs such as the remuneration and interest that owners and managers earn are not accounted and may result in an inefficient allocation of resources. The objective of profit maximization is subject to legal, moral, contractual, financial, and technological constraints. Some economists argue that the firm’s objective is a “satisfactory” level of profit rather than maximum profit. The principal-agent problem arises where the owner of a firm and the manager of that firm have different objectives. The problem can be solved by tying part of the manager’s salary to profits and /or changes in the price of the firm’s stock. Profit plays two primary roles in the free-market system. First, it acts as a signal to producers to increase or decrease the rate of output, or to enter or leave an industry. Second, profit is a reward for entrepreneurial activity, including risk taking and innovation. In a competitive industry, economic profits tend to be transitory. The achievement of high profits by a firm usually results in other firms increasing their output of that product, thus reducing price and profit. Firms that have monopoly power may be able to earn above-normal profits over a longer period; such profit does not play a socially useful role in the economy. Different types of pricing strategies are adopted, keeping in mind, the varying market structure for products. The primary role of economics in management is in making optimizing decisions where constraints apply. The application of the principles of managerial economics will help manager ensure that resources are allocated efficiently within the firm, and that the firm reacts to changes in the economic environment.

• Prof. Nayantara Padhi

Any organization can survive with the performance of its employees. Therefore, it is essential to understand human behaviour. Each individual is unique as such one has to understand the concept of individual differences. This course helps to understand the importance of behaviour in organizations. The concept, approaches to understand the shaping of behaviour and the evolution of the discipline of organizational behaviour has been explained. It gives an understanding about intra and inter-personal processes involved for the exhibited behaviour. Finally, it explains the emerging trends like empowerment, OCB, inclusiveness, diversity, emotional and spiritual intelligence in the discipline of organizational behaviour.

• Prof. Neeti Agrawal

When we talk about the functions of management, we find that strategy is one of the most significant areas of decision-making in any organization. All the management functions, therefore, depend on strategic management. In short it can be said that strategic management is an art as well as a science of formulating, implementing and evaluating the decisions so as to enable the organization to achieve its goals. Strategic Management comprises of three broad activities, namely: strategic analysis, strategic formulation and strategic implementation. All the three are interrelated. Strategic analysis is the foundation for formulating strategies and basically comprises of the study of business environment as a whole. There are forces of different kinds and complexities, which influence organizations and their business. The basic aim of strategic management is that a manager must adjust strategies to reflect the environment in which the business operates. Once a particular strategy is formulated, the implementation part comes into existence. Implementation includes all those actions which are necessary to put the strategy into practice. This is why implementation is said to be more important than the formulation. After the strategy is brought into practice, it needs to be controlled and evaluated to assess its efficacy for the organization.This course focuses on all these aspects.

• Prof. K. Ravi Sankar

The occupation of business plays an extremely important role in the economy of any country. The act of engaging in business, which consequently results in the creation of jobs and opportunities, along with the generation of revenues for the economic sector forms a significant part in nation building. The proliferation of business activities calls for a mechanism to regulate its conduct, and law facilitates this purpose. For strong and productive economies, the need to have an adequately enforced system of equally applied law has been increasingly felt. Law has become an important part of any business activity. A certain framework of law is necessary for maximum incentive to entrepreneurs, investors and inventors. Business law has taken an important place because it secures the elements of trust and certainty that are vital to economic transactions amongst strangers. The scope of business laws is very vast. It takes into its ambit the laws related to all the activities proving indispensable for the successful conduct of the business. The scope of business laws is not restricted to the laws related to companies but it also provides laws for business activities conducted by other forms of business organisations. There are laws to deal with contracts, property, agency, negotiable instruments, sale of goods, bailment, guarantees, intellectual property, etc. In relation to companies, there is multitude of laws such as corporate laws, securities laws, competition law, foreign exchange laws, tax laws, etc. Right from the incorporation of a business entity till it attains finality, numerous laws are provided for every significant act that may be resorted by a business entity throughout its life. Business laws also sub-serve the interests of society at large. Laws dealing with insurance, environmental protection, taxation, etc., are extremely beneficial for the promotion of rights and interests of the general public. Antitrust law, which also forms an important part of business law, keeps a check on market concentration, monopolistic and oligopolistic companies along with the dominance exerted by these companies in the market. Therefore, understanding the basics of business law are extremely important for the students of Business Management stream to get a firm grasp on the concepts and gaining deeper knowledge of the subject. “Business Law” is a generic or umbrella term which provides legal and regulatory framework for doing business. Business environment in any country is governed by its business laws that are necessary for conducting business transactions and regulate business. Keeping this in view, the present course MMPC-013: Business Law has been written. All important legislations and related concepts have been explained to familiarise the students and facilitate their easy understanding.

• Prof. Dhanesh Kumar Khatri

About The Course : This course provides a comprehensive coverage of all the essential and basic concepts of financial management and provides required basic knowledge of Finance to all the students, as this is a core course. Students who want to learn more about Finance can choose Finance as their specialization and learn Finance in more detail. This course, Financial Management (MMPC014) teaches you with the essentials of Financial Management that are required by all the students who need to learn basics of finance. This course is divided into 5 Blocks and contains 15 Units. Block-1, Financial Management - An Overview, consists of four units provide an introduction on the overview of financial management. The first unit explains the basic concepts, role of financial manager in business organizations, various functions, and major decisions besides the organization structure of finance function. It also explains how the wealth maximization objective is superior to profit maximization objective of the firm. The second unit explains the concept of time value of money and illustrates the computation of the implied rate of interest, principal amount and annuities in borrowing and lending transactions. The concepts of risk and return, types of risks and the factors affecting risk and measurement of risk and return are discussed in unit three. Unit four presents the valuation of securities and types of approaches of calculation of fixed income securities as well as variable income securities. Block-2, Cost of Capital and Investment Decisions, comprises three units. Unit five provides the conceptual understanding of the cost of capital and its variants. It also illustrates the computation of cost of specific sources of long-term finance and computation of weighted cost of capital. The unit sixth explains the need for investment appraisal and familiarizes the methods of appraising capital projects, and explains their relative merits and demerits. Unit seven describes the concepts and components of working capital, significance, determinants of the size of working capital and major components of current assets explained along with the criteria for efficiency in managing working capital. Block-3, Financing Decisions, contains four units and discusses about the financial markets, sources of finance and capital structure design and the leverage analysis. Unit eight discusses about the nature and characteristics of long-term financial instruments and the significance of financial markets in India. The ninth unit shows the different sources of finance and their merits and limitations. The capital structure importance and the factors that have bearing on determining the capital structure and an appropriate capital structure have been discussed in unit tenth. It also highlights important factors to be considered for determining the capital structure and explain in detail the different approaches to evaluate alternative capital structures. The eleventh unit of this course focuses on the concepts of leverages and leverage analysis to examine the consequences of financial leverage for a business firm and assess the risk implications of financial leverage. Block-4, Dividend Decisions, comprises two units and discusses different theories of dividends and dividend policies. Unit 12 specifically explains the nature and significance of dividend decision and various theories of dividend and their impact on the dividend decisions and on the value of a firm. Unit 13 deals with the dividend policies. The various forms of dividend, factors affecting the dividend decisions and the role of financial manager in dividend decisions are discussed in this unit. Block-5, Emerging Issues in Finance, introduces you to some emerging issues of Finance, viz., Behavioral Finance and Financial Restructuring. Unit-14 discusses the various behavioral aspects of finance. Unit-15 provides an understand of the concepts of corporate restructuring and financial restructuring, diverse methods being followed by the companies in undertaking restructuring and the procedure involved in each of the methods of financial restructuring. It also highlights the merits, demerits, and reasons of each of the options available for restructuring.

• Dr. Venkataiah Chittipaka

This course is structured into four distinct blocks, encompassing a total of 14 units. Block 1, titled 'Introduction to Research Methodology,' comprises three units; Block 2, entitled 'Data Collection and Measurement,' includes four units; Block 3, referred to as 'Data Presentation and Analysis,' encompasses four units; and Block 4, focusing on 'Report Writing and Presentation,' comprises four units.

• Prof. Neeti Agrawal

There has been an increasing trend towards internationalization of business, geographic expansion and multinational operations. People, products and services are moving across national borders in unprecedented numbers. Many firms in various countries, developed and developing, including our own, are expanding exports, creating franchising arrangements, entering into joint ventures with foreign companies, and establishing foreign subsidiaries. International business involves more complexities, more risks and uncertainty as the operations extend beyond a single national boundary. MNCs have to be flexible in adapting to different legal, political, and economic systems, and conditions. MNCs utilise diverse human resources-people with different languages, values and cultures. This course highlights the basics of these aspects and their applicability.

• Prof. Neeti Agrawal

This is an advanced course in strategic management. The main goal of the course is to expand the understanding of the key theories and frameworks in strategic management and to give them practical examples to construct a company’s strategy. The fundamental theories of strategic management continue to influence how we think about strategy, but the field of strategic management also helps in keeping us abreast with globalised, complicated, and fast-paced world. Therefore, this course offers a thorough understanding of both the current theories that are applicable in an increasingly fast-paced corporate environment, as well as the timeless core concepts of strategic management that continue to hold true across a variety of scenarios. Developing a solid understanding of these fundamental strategies and frameworks will lay the groundwork for more than just developing strategiesn for the learners.

• Prof. Leena Singh

Entrepreneurship is one of the most important drivers, kicking off a virtuous cycle driving the Indian economy. The relevance of entrepreneurship is vital since India is a developing country, and entrepreneurs are essentially national assets. This coursework focuses on theoretical as well as practical aspects of entrepreneurship for management students. It discusses entrepreneurship scenario in India, various policy initiatives taken by government and how a new enterprise can be established. Block 1 focuses on giving overview of entrepreneurship to management students. It discusses the meaning and evolution of entrepreneurship. Then, it elaborates on how competencies which are important for an entrepreneur can inculcated via proper education and training. Further, it gives an overview of different dimensions of entrepreneurship in today’s era.Block 2 discusses the institutional set up prevailing in India regarding entrepreneurship {specifically MSMEs (Micro, Small, and Medium Enterprises)} and the role of MSMEs in economic development of India. It explains several policy initiatives taken by government in promoting entrepreneurship (MSMEs) in India. Then, several features of MSMEs have been discussed to explain its role in economic development of India.Block 3 elaborates upon various aspects of establishing a new enterprise. It discusses the steps of selecting a business idea and then financing sources have also been looked upon. Further, it explains the techniques of preparing and evaluating a business plan. Then, several important steps in implementing the evaluated business plan have been explored in this block. Lastly, it explains the role of various functional areas of management in managing a new enterprise.Block 4 covers various concepts related to entrepreneurship such as social entrepreneurship, rural entrepreneurship, ethical entrepreneurship and family business. It elaborates upon the concept, theoretical perspectives, and characteristics of social entrepreneurship. Then, it discusses the concept of rural entrepreneurship in Indian setting. Further, meaning and several theories of ethical entrepreneurship have been looked upon. Then, it discusses various issues & problems in family businesses and further their coping strategies have been elaborated upon.

• Prof. Neeti Agrawal

Economic liberalization in India has made available in the market global quality goods and services and this has made an impact on many industries which offer poor/shoddy quality products and services. In the recent years total quality has gained importance worldwide. India is fast moving ahead with its ‘Make in India’ movement to produce quality goods. Times have changed and India now stands at the global forefront in terms of quality goods. The course on Total Quality Management (TQM) discusses the evolution of quality and its present stand in the global arena.

• Prof. Leena Singh

In recent years, Ethics and Corporate Social Responsibility (CSR) have emerged as buzzwords in business world. This coursework focuses on several important aspects such as Theories of Business Ethics, Business Strategy linkage with CSR, Legislation and Policy Guidelines in India, CSR Reporting process and Auditing etc. Block 1 provides an overview of business ethics, clarifies their significance in today's changing world, and draws a line between ethics and law. It explores various ethical perspectives, including consequentialism (teleology) and non-consequentialism (deontology), as well as some current perspectives on ethical theories of business. Further, explains various approaches to overcome ethical dilemmas and understand the concept of Social Accounting and its linkages with Ethical Decision-Making. Block 2 traces the evolution of Corporate Social Responsibility. Shareholder to stakeholder relationship has been explained in detail, which suggests that the prime goal of CSR is to create value for stakeholders. Then, it also focuses on integrating CSR into management practices, as integral part of business strategy. This block also explains the relationship between Sustainable Development Goals (SDGs) & CSR in a very elaborate manner as the SDGs and CSR initiatives in India are closely related to each other. Block 3 discusses in detail all the aspects of Corporate Social Responsibility (CSR) in Indian context. It touches upon the topics such as phases of development, various models and trends of CSR in India. Then, the evolution of CSR Law under Companies Act 2013 has been explained in detail where all the salient aspects such as quantum of spending, committee constitution, audit etc have been covered. Further, the importance of CSR in public sector enterprises (PEs/PSUs) and the specific guidelines issued by government for them have been discussed in detail. Block 4 covers the topics such as the implementation of CSR policies, its reporting and auditing process, roles & responsibilities of CSR department and sustainable development. Reporting and Auditing process of CSR focuses on aspects laid down under CSR Rules 2014 (The Companies Act 2013). Then, the formation and functioning of CSR department, the roles and responsibilities of board regarding CSR, tax issues of CSR etc. have been discussed.

• Prof. Anjali C. Ramteke

The main focus of this course is on financial services, trying to understand some of the macro aspects of the financial services sector. It deals with issues like the role of financial services in the financial system of a country, the players/participants in the financial services sector. Besides this, ‘an important component of the financial system i.e., financial markets is also covered. The concept and importance of financial services, evolution of financial services in India, the various types of financial services the impact of technology on the financial services sector are also discussed here. Fee-based services that are provided by financial firms to enable others to raise capital from the market or exchange financial assets and risk with other participants of the market, are dealt with. It provides a complete idea about Merchant Banking, the role of issue managers, the requirements as per SEBI for their registration etc. Broking and Trading in Equity and the regulations related to broking and trading in equity in India are also explained. The scope, importance and limitations of Credit Rating, the process of credit risk assessment and rating scales is also covered. Philosophy of Mutual Funds, classification of mutual fund schemes under different categories is also given. It describes the complete mechanism of Dematerialization and Rematerialisation. The depository services provided by National Securities Depositories Ltd. (NSDL) and the Central Depository Services Limited (CDSL) are also discussed. It discusses some of the Fund based services which have great significance in today’s business world. Issues such as benefits of leasing, types of leasing, main clauses in a lease agreement etc. have been covered. The unit on Housing Finance describes the Institutional Framework for Housing Finance, highlighting the Role of National Housing Bank and other primary lending agencies. The different modes of acquiring venture capital funds, Regulations issued by SEBI for Indian Venture Capital Funds/Companies as well as Foreign Venture Capital Funds are also covered. The concepts, operational mechanisms and other issues of short-term trade financing such as Factoring, Forfaiting, Bill Discounting and Asset Securitisation are also covered. Other financial services such as Credit Cards, Insurance Services, Crowd Funding, Carbon Finance etc. are also discussed.This course, deals with management of risk in financial services and some important developments in the financial services sector. It discusses elaborately the transformation from traditional and computerized accounting to a totally digital environment. The different payment products like National Financial Switch (NFS), AePS (Aadhaar Enabled Payment System), IMPS, RuPay, etc. and new emerging technologies like Open Banking, Cloud Banking, Block Chain Technology etc. have been covered to a great extent. The Investment Strategies in Portfolio Management, types of portfolio management services, regulatory framework as well as the developments in Indian Market are also discussed here.

• Prof. Anjali C. Ramteke

As the title of the course indicates, this course gives an overview on insurance services. The details of insurance intermediaries and distribution channels for insurance products are also explained. The block on Life Insurance discusses in detail how a life insurance product is designed. It also discusses Medical underwriting, Financial underwriting, Lifestyle Underwriting done to assess the appropriate premium that should be charged. Group insurance provided to the group of individuals having some common attributes through a single policy contract, and the concept of Micro Insurance and its relevance are also explained. Health Insurance which plays a very important role and forms a considerable part of insurance business is covered, providing learners a broad idea about financing health insurance. The role of government especially in social health insurance providing necessary financial support, through the Rashtriya Swasthya Bima Yojana (RSBY) is also covered. Motor insurance being a mix of personal property (own damage to the vehicle) & social liability (liability to third party victim of an accident), warranted a special treatment, and thus taken up separately. You will be able to get an overview of Motor Vehicle Act & highlights of proposed changes in Road Safety Bill. A unit on Property Insurance discusses how in common parlance, Fire Insurance and Property Insurance are used interchangeably. It also provides knowledge about fire insurance coverage and processes. Agriculture insurance today is very important for economic and social development for a county like India, has been covered extensively. The last block focuses on Managerial Issues of Insurance Sector. It touches upon some of the macro aspects related to governance of the insurance sector. Corporate governance framework in India, in relation to the Insurance Sector is elaborately covered. Need for Corporate Social Responsibility (CSR) in Insurance Sector and the provisions of the Companies Act 2013, CSR Reporting, CSR Policy etc. has also been dealt with. The various aspects related to Solvency and Asset Liability Management has also covered. The role and responsibility of the Insurance Regulatory and Development Authority of India (IRDAI) has also been covered. The Government has set up several schemes to improve the lives of communities and individuals who have been treated unequally, ensuring greater opportunity for people who have not had this in the past. In light of this the various ‘Financial Schemes of Government of India’ are discussed in the end.

• Dr. Neha Seth

The business of banking today is synonymous with active risk management than it was ever before. The success and failure of a banking institution heavily depend on the strength of the risk management system in the current environment. This is true as the banking business is risk-taking in its traditional role of an intermediary, i.e. interposing between savers (depositors) on one hand and the borrower on the other, thereby accepting the risks of intermediation. With the rapid development of public capital markets worldwide, borrowers’ dependence on the banking system for funding their activities has steadily decreased. This ‘disintermediation’ not only by the borrowers but also by the bank depositors directly investing their funds in capital market instruments, has caused a significant change in the business of banking. To counter this, the latest in the array of new products is the provision of specialized services by structuring products to meet the unique requirements of corporate customers and also to high net worth individual clients for improving fee income. The scope of the business of structuring products has widened to a significant level with the introduction of derivative products in the markets. The net result of all the above developments is a metamorphic change in the risk and return profile compared to the past.

• Prof. Leena Singh

Effective corporate governance is very important for the proper functioning of the Banks & other Financial Institutions and economy as a whole. Financial sector performs a crucial role in the economy by intermediating funds from savers and depositors to activities that support enterprise and help drive economic growth. Banks’ safety and soundness are key to financial stability. The manner in which they conduct their business, therefore, is central to economic health. Governance weaknesses in financial institutions play a significant role in the financial system and economy as a whole. Indian Financial system has seen lots of turbulence in financial sector in the recent times. The primary objective of corporate governance is safeguarding stakeholders’ interest in conformity with public interest on a sustainable basis. Among stakeholders, particularly with respect to financial sector, shareholders’ interest and depositors' interest are of equal importance. Understanding the corporate governance regulations becomes utmost important for future managers as it helps them in proper application of rules which will ultimately lead to smooth functioning of the financial institutions. Corporate governance framework has been elaborated not just for banks but for other financial institutions such as NBFCs, Mutual Funds, Insurance sector. A lot of case studies have been included which will help you understand the practical aspects of these rules and regulations. This course will also help you understand the disclosures requirements for financial sector.

• Prof. Dhanesh Kumar Khatri

The Project Course is equivalent to two courses. However, for registration purposes the Project Course (MMPP-001) is treated as one course, which is of Eight Credits. For this course no additional study material is provided.

Guidelines for Submission of Synopsis and Project Report:
The basic purpose of this course is to help learners develop an ability to apply multidisciplinary concepts, tools and techniques to analyze and logically approach the organizational problems. The Project study should be on a topic preferably from your area of specialization in MBA. In order to proceed with your project course the approval of the synopsis is necessary. Only on the approval of the synopsis the project work could actually be taken up. The synopsis should be an original work done by the student.
Preparation and Submission of Synopsis: After selection of the guide and finalizing the topic, the Project Proposal (Synopsis) should be prepared in consultation with the guide. The proposal of the proposed project should essentially as per the guidelines specified in MMPP-001 Project Course guidelines.
ODL learners of MBA, MBAFM, MBAHM, MBAMM, MBAOM and MBF Program are required to submit the project proposal (synopsis) To, The Regional Director of your Respective Regional Centre. Whereas, MBAOL (online MBA ) learners to submit their project proposal (synopsis) on LMS portal.
Preparation and Submission of Project Report : After a written communication regarding the Approval of synopsis is received the Project work may be undertaken. Once you have carried out the study as envisaged in the approved synopsis then a report of the work done needs to be prepared. The length of the report may be about 50 to 60 double spaced typed pages not exceeding approximately 18,000 words (excluding appendices and exhibits). However, rational variation on either side is permissible. Structure of preparing the project report is provided in MMPP-001 Project Course guidelines.

• Prof. K. Ravi Sankar

Bank is a financial intermediary, which raises funds from the surplus sector and deploys the same in deficit sector. Banks assume risk in this process of raising and deploying funds. Essentially, financial management of banks deals with three primary issues namely raising funds, investing funds, and managing risks. Funds are raised from capital markets, which consist of individuals as well as institutions. Funds are raised in the form of equity as well as debt and banks offer variety of debt instruments ranging from short-term debts to long-term bonds. Apart from these sources an important source of funds for Banks is deposits. Since funds are input for banking operations, financial managers of banks are concerned with raising funds at the lowest cost. Once funds are raised, they need to be invested and banks have several option. Industrial loans for the purchase of fixed assets as well as working capital, consumer loan, investments in government and other securities, etc., are some of the options before the bank. Like reducing the cost of funds, financial managers of banks need to maximize the returns on their investments. For this, pricing of financial products and services, taking into account cost and the risk associated, assumes importance. Lending and investments involves various types of risk and for banking industry, an additional risk is on account of using borrowed money in lending. Asset-Liability mismatch would cause considerable risk for the banks. This course material is divided into four Blocks which are further divided into 14 Units. These units will cover all these issues along with few special issues like accounting policies, mergers and acquisition.

• Prof. Pavnesh Kumar

This course helps learners understand how international banks work. It covers banking rules, operations, and new trends. Students will learn about, international banking operations, Trade financing and global financial markets, Important banking laws and regulations, managing money, accounting, and treasury operations, foreign exchange and risk management The role of technology and innovations in banking and Emerging trends in global banking This course is ideal for students and professionals who want to build expertise in international banking.

• Prof. Anjali C. Ramteke

Information technology has had a substantial impact on multiple business aspects. The development of information technology has enabled numerous innovations. With the digitization of information, many businesses are utilizing digital tools to enhance their prospects. Information technology has helped banks transform this process into a profitable and sustainable enterprise. In this course we will be dealing with the various aspects related to Information Technology and its Applications in Banks for improving the services provided to their customers. It starts with discussion on how Computerization in the banking industry has helped Banks in providing services to their customers. It discusses the types of hardware devices, components of a computer system, categories of computers etc. Several programming languages, functionalities of core banking software, Payment Systems Software are also explained. New and emerging technologies in networking such as Next-generation firewalls (NGFW), Serverless computing, File and message transfer technologies etc. are also explained here. Data Security Systems deal with issues related to Data Protection, Data Privacy and Data Security. It discusses about the data protection techniques, Big data security issues and various aspects related to personal data privacy and security. It provides knowledge about the latest technologies becoming available for banks. Visualization techniques such as Bubble charts, Geo-maps, Gauge charts, Tree maps, Heat maps, and Motion charts are also discussed.

Banking and Financial services in India have witnessed tremendous transformation in the era of “Digital India”, and the trend is continuing. Electronic Payment systems, their evolution and the essential characteristics of fund transfer mechanism are covered here. Retail Digital Payment Systems in India and the role of National Payments Corporation of India (NPCI) have also been discussed. You will come to know the different Retail Payment Systems such as RuPay Cards, Aadhaar Enabled Payment System (AEPS), Bharat QR etc. The functioning of Unified Payment Interface (UPI), IMPS, NETC, BBPS etc. has also been discussed here. It discusses the Alternative Delivery Systems, such as Automated Teller Machines (ATMs), Cash Deposit Machines and Recyclers, Mobile Banking, Online / Internet banking, Phone Banking, Multi-Function Kiosks, Mobile Wallets etc. that are used by banks to provide better services to their customers. Here a discussion about the concept of Cyber Security and Cyber Security Framework is presented. Some of the general cyber security related technologies used such as encryption techniques to safeguard confidentiality of data, digital signature and identity, access management controls for safeguarding integrity as well as confidentiality of data, disaster recovery controls etc. are discussed in the last unit on Cyber Security Technologies

• Prof. Pavnesh Kumar

This course explains how financial services are marketed in India. It covers Banking, insurance, mutual funds, financial institutions, Marketing strategies for financial products, Merchant banking, IPOs, and financial advisory services, Retail banking, corporate finance, and investment marketing, Digital banking, fintech innovations and new regulations It is useful for students and professionals who want to specialize in financial services marketing.