The course introduces students to essential software tools for analyzing business data. It begins with the use of MS Excel for data analysis, covering its various functions for handling and interpreting data effectively. The course also provides hands-on experience with statistical software like SPSS and EViews, enabling students to perform complex data analysis, statistical tests, and business forecasting. Through practical applications, students will develop the skills needed to make data-driven decisions in a business context.
Course Credit- 2
Course Outcomes
The student will be able to learn:
- Apply the basic Statistical Software packages for data analysis.
- Enter and organize data in the MS Excel and Interpretation of statistical results
- Teacher: Department of Commerce
The course equips students with the skills needed for effective communication in business environments. It covers the principles of communication, focusing on the 7 Cs of effective communication and various media used for written, oral, and non-verbal communication. The course also explores different types of communication, both formal and informal, and the barriers that can hinder effective interaction. Students will learn how to draft business letters, memos, and reports, while also developing personal and corporate communication skills essential for professional settings.
Course Credit- 2
Course Outcomes
The student will be able to learn:
- Dynamic and vigorous use of various types of communication modes to the diversity of players associated with the business
- Articulation of communication skills to avoid conflicts, resolve conflicts and negotiate in the business settings to have extraordinary gleaming teamwork.
- Teacher: Department of Commerce
The course introduces students to essential statistical tools and techniques used in business decision-making. It covers basic probability concepts, including random events and conditional probability, and explores important probability distributions like binomial, Poisson, and normal. The course also emphasizes statistical inference, hypothesis testing, and estimation methods for analyzing data. Students will learn to apply small sample tests such as the t-test and conduct analysis of variance (ANOVA). Non-parametric tests, along with statistical decision-making techniques under conditions of uncertainty and risk, are also explored.
Course Credit- 4
Course Outcomes:
The student will be able to learn:
- Analyze probability distribution and its applications
- Parametric analysis and hypothesis testing
- Apply small sample test and analysis of variance for data analysis
- Apply non-parametric analysis and statistical decision making for business analyses and interpretation
- Teacher: Department of Commerce
The Managerial Accounting course provides a comprehensive understanding of how accounting information is used by managers for decision-making, planning, and control. It covers the differences between managerial and financial accounting, as well as various financial analysis techniques like ratio analysis and cash flow statements. The course also explores marginal costing, responsibility accounting, budgetary control, and the use of standard costing for performance evaluation. Additionally, contemporary topics such as activity-based costing, target costing, and the balanced scorecard are introduced to highlight modern approaches in managerial accounting.
Course Credit - 4
Course Outcomes:
The student will be able to learn:
- Critically analyse and provide recommendations to improve the operations of organisations through the application of management accounting tools and techniques;
- Learn autonomously to demonstrate the high-level apportionment of costing and accountability within the organization;
- Estimation of budgets and standardization of Cost
- Evaluation of contemporary ideas and ambiguity to help management in problem solving and decision making.
- Teacher: Department of Commerce
The Business Environment course provides students with an understanding of how various internal and external factors influence business operations. It covers the nature and significance of business environments, including different economic systems such as capitalism, socialism, and mixed economies. The course also explores the Indian financial system, industrial policies, and the socio-cultural aspects of business in India. It examines economic and business policies, the role of multinational corporations, and international trade relations. Additionally, students will gain insight into business ethics, globalization, and the responsibilities of businesses towards various stakeholders.
Course Credit - 4
Course Outcomes:
The student will be able to learn:
- Identify the definable aspects of business environment within which a business organisation has to function
- Acumen on the role of economic system, economic planning, economic reforms and its impact on the business environment;
- Explore the pragmatic parameters and contemporary dimensions associated with business environment and its relevance for business decisions;
- Fathom the protagonist of government and changing laws and its implication for the business.
- Teacher: Department of Commerce
This course is designed to provide knowledge of determinants of Inter-personal and Inter-Group behavior in organisational setting and to equip them with behavioral skills in managing people at work.
Course Credit- 4
Course Outcomes:
The student will be able to learn:
- About the basic concepts and theories of organization and its management
- Basics of organisational structure, culture and conflict
- Utilization of motivation theories and group dynamics in the organisation to achieve organisational goals
- Use of management dynamism to manage personal and interpersonal group cohesiveness in the concrete work-life doctrines in organization through organizational development and change
- Teacher: Department of Commerce
The course is designed to provide knowledge of Managerial Economics and their applications in managerial decision making and become an economist. It will help students in developing basic understanding about business opportunities and corporate project management.
Course Credit- 4
Course Outcomes-
- Develop basic understanding about business opportunities and corporate project management in terms of Idea generation, product selection, location design and project life cycle
- Able to understand the feasibility studies and project appraisal techniques for project formulation
- Able to identify the significant major cost and sources of project financing for estimation of optimum capital structure
- Able to analyses the investment opportunities under certainty and risk environment and develop effective organization structure for monitoring and controlling of projects
- Teacher: Department of Commerce