BBS Second Year Syllabus all Subject

 Second Year (500)

MGT 205: Business Communication 100
MGT 209: Macroeconomics for Business 100
MGT 212: Cost and Management Accounting 100

 MGT 223: Organizational Behavior & Human Resource Management 100
MGT 215: Fundamentals of Financial Management 100

 

MGT 205: Business Communication
Full Marks: 100 Lecture Hours: 150
Pass Marks: 35
Course Description This is BBS second year English course in 4yr BBS system under the Faculty of Management, Tribhuvan University. This course allows students to explore the art of language communication skills required for general as well as professional domains. It helps students improve their reading and writing abilities in English in both social and professional interactions, and learn skills that they can apply to business negotiations, telephone conversations, written reports and emails, and professional presentations. This course seeks to enhance students’ cross-cultural understanding and communicate in varied contexts. Another important concern of this course is to present a wide array of ideas from different spheres of human activity, which is of vital importance for success as an executive in management. Ideas are increasingly being considered an important resource just like men, machines materials and money, and the best business schools have taken note of the importance of creative thinking in the business world. Reading opinions of thoughtful people is important because we learn about other opinions and ideas in the process and they help shape our ideas and prepare us to become educated citizens who can think and form their own conclusions.
The course has two main components of equal weightage: (50% + 50%) I. Business Communication Skills
II. Discourse in Disciplines
Course Objectives and Outcomes After completing this course, students will be able to: · read English texts written in various disciplines and understand different level of discourses · express themselves in varied forms both in speech and writing · write correctly and persuasively in present time standard English · adapt content to a proposed context, audience and purpose
· understand and use appropriate style and tone in spoken as well as written texts
· be familiar with the language used in conducting meetings and prepare reports based on the discussion in the meetings
· write memos, letters, and other business communications
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· apply formal structure and develop organization in writing proposal, reports, article etc.
· understand arguments and respond the arguments accordingly
· use English pertinent to the level of audience and the purpose as the medium of communication
· learn the art of using essential rhetorical techniques for developing effective communication
· Evolve step by step disciplinary and interdisciplinary insights and ability to express in acceptable English
Course Contents
I. Business Communication Skills
I. The Communication Process - Elements of Communication Process - Methods of Communication - The Writing Process - Oral Communication Process - Group Work and Collaboration Process - Communication Structures and Systems - Management Style and Communication - Barriers of Business Communication
II. Business Communication - Defining Business Communication - Nature of Communication - Historical Perspectives - Purpose of Business Communication - Functions of Business Communication - Importance of Business Communication - Components of Business Communication - Types of Business Communication - Principles of Effective Business Communication - Challenges for Business Communication
III. Skills and Values in Business Communication - The Importance of Communication Skills - Identifying Communication Skill Sets - Organizational Communication Skills - Interpersonal Communication Skills - Leadership Communication Skills - Professionalism in Business Communication - Elements of Professionalism - Ethical Values - Intercultural Sensitivities
IV. Electronic and Other Messages
21 - Memos - Notices - Letters - Using Email - Blogs - Advertisements - Press Release
V. Reports and Proposals - Business Plan - Reports - Proposals
VI. Oral Communication - Presentations and Speeches - Telephone Calls - Other Oral Communication Situations - Enhancing Oral Communication - Using Visual Aids - Using Nonverbal Communication
VII. Visual Communication - Pictures - Charts - Graphics
VIII. Employment Communication - Planning and Conducting a Job Search - Resumes and Cover Letters - Job interview
II. Discourse in Disciplines
I. Culture and Society 1. New Nepal 2. Looking for a Rain God 3. Dover Beach 4. Shooting an Elephant 5. The Unknown Citizen 6. The Parrot in the Cage
II. Money and Management 1. Advertise Your Business 2. Eveline 3. The Company Man 4. Light My Lucky 5. The Ideal of Craftsmanship
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III. Science and Environment 1. Religion and Science 2. The New Physics 3. Root Cellar 4. On Warts 5. The Etiquette of Freedom 6. The Rights of Animals
IV. Gender and Women 1. Professions for Women 2. The Use of Force 3. The Stronger 4. Here I Love You 5. The Kiss 6. Girl 7. Farewell 8. Popular Mechanics
V. Life, Death and Beyond 1. The Fly 2. Jest and Earnest 3. The Old Man at the Bridge 4. Once More to the Lake 5. The Hundredth Dove 6. The Lunatic
VI. Art and Philosophy 1. An Essay in Aesthetics 2. The Clock Tower 3. Beauty 4. From the Fountainhead to the Future 5. What I, Think I Am 6. All-Pervading Poetry 7. The Allegory of the Cave 8. Her First Ball 9. Not the Non-Existent
Teaching Method The suggested method of teaching is of two fold : introduce the theme of the texts and lead students to the writing task i.e. guide the students to practice specific skills of language knowledge to produce their own writings. The recommended approach is to view the books not as mere language texts but to introduce students to many disciplines in order to expand their intellectual horizon. It is important to discuss what it means to be educated through the ideas of great thinkers and help students to become educated through thoughtful writings on different disciplines . The method, therefore, is to engage students in a dialogue about the questions and ideas raised in each
23 text by exploring through different perspectives and voices of others, and also sharing respectfully their own experiences and thoughts.
Evaluation
The examinations will cover the language skills including a range of tasks,students’ ability to use
English in a variety of contexts. Examinations will evaluate the students’ ability to communicate effectively in English that is reading and writing activities and using appropriate writing style. Special credit will be given to originality of expression and depth of thinking,
Prescribed Texts ( Compulsory Reading) Adhikari, Dharma, Tika Lamsal, I. Hugh Holmes, and Mike Sobiech. Business Communication:
Theory and Practice. Kathmandu: Buddha Publications, 2020. Lohani, S., compiler & editor. Visions: A Thematic Anthology. Kathmandu: Vidyarthi Pustak, Bhandar, 2020.
Recommended Reading Abrams, M.H., and G.G. Harpham. A Glossary of Literary Terms. 11th ed., Cengage Learning, 2014. Bargiela-Chiappini, Francesca, The Handbook of Business Discourse. Edinburgh UP, 2009. Bovee, C.L., and John Thill. Business Communication Essentials. 7th ed., Pearson, 2016. Chaney, Lilian H. Intercultural Business Communication. 4th ed., Pearson, 2007. Guffey, Mary Allen, and Dana Loewy. Essentials of Business Communication. 11th ed., Cengage Learning, 2018. Hattersley M., and L. Mcjannet. (1997). Management Communication, Principles and Practice. McGraw – Hill, 1997. Jethwaney, J. Corporate Communication. Oxford, 2010.
Oxford Advanced Learner’s Dictionary of Current English. 10th ed., Oxford, 2020. Pearson Education. Longman Business English Dictionary. 2nd ed., Longman, 2018. Parkinson, Dilys, editor. Oxford Business English Dictionary. Oxford, 2005. Tourish, Dennis, and Owen Hargie. Key Issues in Organizational Communication. Routledge, 2004.
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MGT 209: Macroeconomics for Business
Full Marks: 100 Lecture hours: 150
Pass Marks: 35
Course Objectives:
Macroeconomics for Business aims to enhance understanding of macroeconomic principles and Nepalese macroeconomic situation to the Bachelor level students. It will help to inculcate the skills incorporating different macroeconomic domain in assessment of nature of business environment.
Course Description: This course of macroeconomics makes students skilled to understand macroeconomic concepts, theories and contemporary macroeconomic issues pertinent in Nepal. This course comprises an introduction to macroeconomics, national income accounting, the classical theory of employment, Keynesian macroeconomics, IS-LM model, inflation, business cycles, monetary theory and policy, government finance and fiscal policy, the global economy and contemporary issues in references to Nepal.
Learning Outcomes: By the completion of the course students will be able to: · Explain the nature of macroeconomics and macroeconomic variables; explain the concepts and difficulties of measuring national income and calculate the national income by product, income and expenditure methods. · Derive consumption function, saving function, investment function, investment multiplier, government expenditure multiplier, tax multiplier, foreign trade multiplier, IS curve and LM curve and determine the equilibrium level of income and employment in Classical, Keynesian and IS-LM model. · Describe the concepts and causes of inflation, deflation, stagflation and business cycles; assess their effect and identify the measures of reducing their consequences in business. · Describe the concept and structure of financial market, monetary policy, government finance, fiscal policy and fiscal federalism, in reference of Nepal and explore the effect of change in monetary policy and fiscal policy in equilibrium level of national income. · Explain the effect of global and regional economy in Nepalese economy in reference to exchange rate, balance of payments, foreign direct investment and foreign employment and explain contemporary macroeconomic issues in Nepalese perspective.
Course Details:
Unit 1: INTRODUCTION TO MACROECONOMICS LH 6 Macroeconomics: concepts, scope, uses and limitations; and Macroeconomic concepts: stock and flow variables; equilibrium and disequilibrium; static and dynamic equilibrium analysis.
Unit 2: NATIONAL INCOME ACCOUNTING LH 20 Circular flow of income and expenditure in two sector, three sector and four sector economy; Different concepts of national income: GDP, NDP, GNP and NNP at market price and factor cost, personal income (PI), disposable personal income (DI), per capita income (PCI); Real GDP, nominal GDP and GDP deflator; Computation of national income: product method,
25 income method and expenditure method; and Difficulties in the measurement of national income. Numerical Exercise
Unit 3: CLASSICAL THEORY OF EMPLOYMENT LH 6
Unemployment: concept and types; Say’s law of market: concept, assumptions and implications; and Classical theory of employment: assumptions, components and criticisms.
Unit 4: KEYNESIAN MACROECONOMICS LH 30 Principle of effective demand; Consumption function: concepts, psychological law of consumption, technical attributes and determinants; Saving function: concepts, technical attributes and determinants; Paradox of thrift; Investment function: concept and types of investment, marginal efficiency of capital, investment demand curve and determinants of investment; Income and output determination in the two-sector economy; Investment multiplier: concept, income generation process and leakages; Income and output determination in three sector and four sector economy; and Derivation of government expenditure multiplier; tax multiplier and foreign trade multiplier. Numerical Exercise
Unit 5: IS-LM Model of INCOME DETERMINATION LH 7 Derivation of IS curve and product market equilibrium; Derivation of LM curve and money market equilibrium; General equilibrium in the product market and the money market; and Shifts in IS and LM curves (change in monetary and fiscal policies) and effects on equilibrium. Numerical Exercise
Unit 6: INFLATION AND BUSINESS CYCLES LH 18
Inflation: concepts and types; Measurement of inflation through consumer’s price index (CPI) and GDP deflator; Demand-pull inflation and cost-push inflation; Concept of core inflation; Effects of inflation; Anti-inflationary measures; Inflation and unemployment: Phillips curve and stagflation; Deflation: concept and causes; Nature, causes and effect of inflation in Nepal; Business cycles: concepts, characteristics and phases; and Measures to control business cycles. Numerical Exercise
Unit 7: MONETARY THEORY LH 16 Money supply: concepts and determinants; Money market and capital market: concepts and functions; Structure of financial market in Nepal; Monetary Policy: concepts, types, objectives and instruments; and Features of current monetary policy of Nepal.
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Unit 8: GOVERNMENT FINANCE LH 15 Government budget: Concepts and components; Deficit financing: concept, objectives and methods; Sources of government revenue in Nepal, Government expenditure of Nepal; Features of current government budget of Nepal; Fiscal policy: concepts, types, instruments and objectives; and Fiscal federalism: concepts, components and Nepalese practice.
Unit 9: GLOBAL ECONOMY LH 17 Global economy: concept and current trends; Globalization: concepts, drivers, benefits and defects; Regional integration and trading blocs: concepts and role; Issues of Nepali foreign trade; Exchange rate: concept and types; Determination of equilibrium exchange rate under fixed and flexible exchange rate system; Balance of payments: concept and BOP accounts; Foreign direct investment: concepts, benefits, defects and current status of Nepal; and Foreign employment: benefits, defects and current status of Nepal.
Unit 10: CONTEMPORARY MACROECONOMICS ISSUES IN NEPALESE PERSPECTIVES LH 15 Macroeconomic indicators of Nepal; Privatization and liberalization: concepts, benefits and defects; Economic growth and development: concepts and components; Sources of economic growth; Poverty: concepts, types, causes and remedies; Economic inequality: concepts, causes and remedies; Public private partnership: concepts, importance and Nepalese practice; and Financial inclusion: concepts, determinants and current Nepalese status.

Suggested Readings: Dwivedi, D.N. Macroeconomic Theory and Policy. New Delhi: Tata McGraw-Hill Publishing Company Limited. Latest Edition. Kumar, R. and Gupta, K. Business Economics: Applications and Analysis. New Delhi: UDH Publishers and Distributers (P) Ltd .Latest Edition. Slowman, J. and Sutcliffe, M. Economics for Business. New Delhi: Pearson Education. Latest Edition. Shreshtha, R.G., Adhikari, G.M. and Paudel, R.K. Macroeconomics for Business. Kathmandu: KEC Publications. Latest Edition Abel, A.B. and Bernanke, B.S. Macroeconomics. New Delhi: Pearson Education. Latest Edition McConnell, C.R., Brue, S. L., Flynn, S. M. and Grant, R. Economics. New Delhi: McGraw Hill. Latest Edition. Jhingan, M.L. Macroeconomics. New Delhi: Vrinda Publication (P) Ltd. Latest Edition. Mithani, D.M. Money, Banking, International Trade and Public Finance. Mumbai: Himalayan Publishing House. Latest Edition. Shapiro, E. Macroeconomic Analysis. New Delhi: Galgotia Publication (P) Ltd. Latest Edition. Shah, R. K. Public Economics (Vol-2). Kathmandu: Ekta Books. Latest Edition. Bista, R.B. Economics of Nepal. Kathmandu: New Hira Books Enterprises. Latest Edition Yoshio, N. and Morgan, P. J. (2017). Financial Inclusion, Regulation and Education. Tokyo: Asian Development Bank Institute.
Suggested Publications: Publications of Nepal Rastra Bank, Central Bureau of Statistics, Ministry of Finance, National Planning Commission, IMF, World Bank, Asian Development Bank.

 

MGT 212: Cost and Management Accounting
Full Marks: 100 Lecture Hours: 150
Pass Marks: 35
Course Objectives The objectives of the course are to provide the students with in-depth knowledge of cost and management accounting in order to enable them to develop, arrange and classify cost information required for decision making for maximizing the profit and reducing / eliminating losses. The course further aims at developing a sound base for higher study in accounting besides in practical knowledge required by the middle level managers to handle cost information independently.
Course Description This course contains conceptual and theoretical foundation of cost and management accounting ; It also comprises classification and segregation of cost, accounting for material and labour, allocation, apportionment and absorption of overhead cost, costing in different situations such as service costing, job and contract costing, process costing etc., income statement under variable and absorption costing techniques, standard costing system with material and labour cost variance, flexible budgeting under different levels of activities, overhead cost variance,
Course Details
Unit 1: Conceptual Foundation 15 LHs Cost accounting and cost accountancy; Meaning, objectives, importance, scope, advantages and limitations of cost and management accounting; Limitations of financial accounting; Similarities and dissimilarities in financial, cost and management accounting Concept, importance and classification of cost: basic concept of cost, expense, loss cost center, profit center and cost unit, cost classification: based on function, identification, behavior, controllability, decision making, time of recording, monetary expression, planning and control, period and product cost; Cost segregation and estimation: concept and methods of cost segregation: i) Two point method ii) Least square method and iii) Estimation of cost
Unit 2: Accounting for Materials 12 LHs Materials/Inventory: Concept, reasons and objectives for holding material/inventory. Inventory control: Meaning, importance and techniques; Economic order quantity: concept, techniques, formula, graphic and trial & error approaches-considering discount under certainty condition; Re-order, maximum, minimum, average stock levels, danger level and safety stock; Concept and techniques of perpetual inventory system; Stock control through ABC analysis and just in time inventory: concept, advantages and limitations; Material productivity and Inventory or material turnover.
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Unit 3: Accounting for Labour Cost 15 LHs Labour Cost: Concept and need for control of labour cost; Remuneration without premium plan: Features of good remuneration system, time and piece wage system; Remuneration with premium Plan: Features of premium plan, premium bonus scheme-Halsey and Rowan Plan, Taylor's Differential Piece Rate, Gant's Task and Bonus Plan, Group Bonus Scheme:
Priestman’s and Scalon’s Plan Labour Turnover: Concept, causes and effects, cost of labour turnover: preventive and replacement cost and calculations, labour turnover ratios.
Unit 4: Accounting for Overhead Cost: 8 LHs Overhead Cost: Meaning, features, importance and classification; Allocation, apportionment and absorption of overhead: meaning and importance; Apportionment and absorption of overhead cost based on volume, direct labour hours and machine hours; Concept, importance, features, elements of Activity Based Costing, ABC vs Traditional Costing, procedures of absorption of overhead cost under ABC technique.
Unit 5: Costing in Different Situations 42 LHS Service Costing: Concept, features and scope of service costing; Preparation of cost sheet for transport service for passenger, hospital, hotel and restaurant services, limitations of service costing. Job Order Costing: Concept and features; measuring direct material, direct labour and manufacturing overhead cost; Accounting for job order: Preparation of job order cost sheet showing non- manufacturing costs & determination of cost of goods manufactured, cost of goods sold and unit cost. Batch Costing: Concept and features; Determination of Economic Batch Quantity (EBQ). Contract Costing: Concept and features; Similarities and dissimilarities in job and contract costing; Contract costing procedures: preparation of contract account in the case of incomplete, near to completion and complete contract, work certified and work uncertified,
contractee’s account, work in progress account and balance sheet; Cost plus contract; Escalation and de-escalation clauses. Process Costing: Concept, features and application; comparison of job costing and process costing; preparation of process accounts with/without beginning and ending work-inprogress inventory, partial and total transfer of output to next process, accounting for process loss/gain: normal and abnormal loss, abnormal effective/gain and computation of unit costs, and treatment of spoilage, wastage, scrap and defective unit; accounting for inter process profit, reserve for unrealized profit. Joint Product and By Product Costing: Concept, features and objectives of joint and byproduct, difference between joint product, main product and by-product; Apportionment of joint costs under unit of output and revenue basis; Accounting for joint and by-products.
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Unit 6: Accounting for Profit Planning 20 LHs Absorption Costing: Concept, features, importance and preparation of income statement under absorption costing, treatment of normal capacity and fixed manufacturing overhead rate, treatment of opening and closing stock, over and under absorption of fixed manufacturing overhead and adjustment and limitations of absorption costing. Variable Costing: Concept, features, use and importance preparation of income statement under variable costing, treatment of manufacturing overheads, treatment of opening and closing stock limitations and treatment of other expenses; limitations of variable costing. Reconciliation of profit or loss between absorption and variable costing techniques showing the causes of differences. Cost Volume Profit Analysis: Meaning, importance; assumptions and limitations of CVP analysis; Contribution margin and ratio, profit volume ratio; Break even analysis using contribution margin, algebraic and graphic approaches; Break-even-analysis: under various situations situations: changes on selling price, fixed cost, variable cost, under step fixed cost, multi-products situations, margin of safety and determination of selling price to realize desired profit ; Advantages and limitations of break even analysis.
Unit 7: Cost Accounting for Planning and Control 30 LHs Standard Costing: Concept of standard cost and standard costing, features, application, advantages and limitations; Difference between standard and budget. Variance Analysis; Material variances: Concept and calculation of cost, price, usage, mix and yield variances; Labour variances: Concept and calculation of cost, efficiency, rate, mix, idle time and yield variances. Overhead Cost Variance: Concept and calculation of capacity, efficiency and spending variances. Budget: concept, features and importance of budget; budget and budgetary control; Types of budget: sales budget, production budget, material budget & merchandize purchase budget, labour budget, manufacturing overhead budget, cost of goods manufactured budget, selling/distribution & administrative expenses budget and cost of goods sold budget. Fixed and Flexible Budgeting: Concept and importance of fixed and flexible budgets; Difference between fixed and flexible budgets; Flexible budgeting for overhead cost control on activity levels and budget allowance for actual level attained.
Unit 8: Cost Reduction 8 LHs Cost Reduction and Cost Control: Cost reduction-pre-requisites, techniques, steps, responsibility and limitations; Value engineering (analysis): Concept, advantages, tools and techniques for cost reduction; Value analysis: Concept, objectives, importance, advantages and techniques of value analysis.
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Suggesting Readings Atkinson, A. A., Kaplan, R. S., Matsumura, E.M., Young, S.M & Kumar, G. A. (2012).
Management Accounting/6e. New Delhi: Pearson Education Pvt. Ltd. Garrison, R. H. & Noreen, E. W. (2017).Managerial Accounting McGraw-Hill Companies, Inc. Lynch & Williamson, ( ) Accounting for Management Planning & Control, Tata McGraw Hill Co. Pillai & Bagavathi (2017). Cost Accounting New Delhi: S. Chand and Company Ltd

 

MGT 223: Organizational Behavior & Human Resource Management
Level: Bachelor of Business Studies (BBS) Full Marks: 100
Year: Second Pass Marks: 35
Nature of the Course: core Lecture Hours: 150
Course objectives The objectives of this course are to introduce the basic concepts of Human Resource Management and Organizational Behavior. It also aims to enhance the knowledge and approaches of Human Resource Management and develop students' skills to handle tactfully emerging human resources challenges and issues and to provide students with an in-depth understanding of fundamental theories of organizational behavior.
Learning Outcomes Upon successful completion of this course, the students will be able to; · Develop basic understanding of organizational behavior · Apply different dimensions of organizational behavior in organizational system and procedures · Understand the importance and basic concepts of human resource management · Know the functions of human resource management and their importance for organizational effectiveness
Course Description This course contains Introduction to Human Resource Management, Human Resource Planning, Job Design and Analysis, Recruitment, Selection and Socialization, Training and Development, Motivation, Performance Appraisal and Reward Management, Compensation Management, Employees Discipline, Labor Relations, and Grievances and Dispute Settlement in Part I. In Part II, the course contains Introduction, Understanding Individual Behavior, Perception, Individual Decision Making and Learning in Organizations, Personality and Positive Organizational Behavior, Motivation, Job Satisfaction and Stress Management, Groups and Teams in Organizations, Leadership, Communication, Conflict and Organizational Change.
Course Details
Part I: Organizational Behavior
Unit 1: Introduction 15LHs Concept of organizational behavior; Levels of OB analysis; Organizational behavior system; Basic assumptions of organizational behavior; Contributing disciplines to the field of organizational behavior; Individual behavior as an input-output system; Mental process: beliefs, attitudes, values, needs, motives and behavior; Emotions and Cognitive dissonance; New challenges for manager in OB.
Unit 2: Perception and Learning 15 LHS Concept of perception; Perceptual process; Factors affecting perception; Attribution theory; Attribution errors; Perception and individual decision making; Concept and principles of learning; Learning theories: classical theory, operant theory, cognitive learning and social learning; Behavior modification.
Unit 3: Personality 12 LHs Concept and types of personality; Personality traits and characteristics; Determinants of personality; Emotions and personality; Major personality attributes influencing organizational behavior;
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Unit 4: Job Satisfaction 10 LHs Concept and importance of job satisfaction; Measuring job satisfaction; Effects of job satisfaction on
employees’ performance.
Unit 5: Groups and Teams in Organizations 10 LHs Concept of group and group dynamics; Stages of Group formation; Types of groups; Nature and significance of informal groups; Teams: concept, nature and types, differences between group and team; Team performance factors; Issues in managing work teams.
Unit 6: Organizational Conflict and Stress 10 LHs Conflict: concept, nature, and types; Sources of conflict; Approaches to conflict management; Resolving conflict through negotiation; Functional and dysfunctional conflicts; Organizational stress: concept, causes and managing stress.
Unit 7: Organizational Change and Development 12LHs Concept and forces of change; Resistance to change; Approaches to managing organizational
change: Lewin’s three steps model; Organizational development (OD): concept and features of OD and OD interventions.
Part II: Human Resource Management
Unit 8: Introduction 15 LHs Human Resource Management: concept, characteristics, objectives and functions; Human resource management system; Human resource outcomes: quality of work life, productivity and readiness to change; Challenges of human resource management. Human Resource Planning: concept, characteristics, process and importance.
Unit 9: Job Design and Analysis 15 LHs Meanings of job, task, position and occupation; Concept, benefits and methods of job design; Concept and purposes of job analysis; Sources of job analysis information; Job description, job specification and job evaluation: concept and contents.
Unit 10: Talent Acquisition and Development 18 LHs Talent, Talent management and Talent development: concept and importance; Meaning, sources and methods of recruitment; Concept of selection; Difference between selection and recruitment; Selection process, selection tests, interviews and their types; Concept and process of socialization; Concept and process of learning; Human resource development: concept and importance; Concept, objectives and benefits of training; Determining training needs; Training methods: on - the - job and off - the – job training ; Concept and techniques of management development; Evaluating training effectiveness
Unit 11: Performance Appraisal and Reward Management 8 LHs Concept and uses of performance appraisal; Methods of performance appraisal: graphic rating scale, alternative ranking, paired comparison, forced distribution, critical incident, essay and checklist methods; Concept of reward management; Types and qualities of effective rewards; Performance appraisal practices in Nepalese organizations.
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Unit 12: Employee Maintenance and Emerging Issues in HRM 10 LHs Employee health and safety, employee welfare, social security; Grievance handling and redressal; General guidelines in administrating employee’s discipline; Emerging issues and challenges of HRM: employee empowerment, downsizing, work- life balance, use of technology in HRM functions, e-HRM, green-HRM, outsourcing HRM, ethics in HRM (surveillance vs. privacy); HRM in Naples organization.
Suggested Readings Aswathappa K., Human Resource and Personnel Management: Text and Cases, New Delhi: Tata McGraw Hill. Arnold, H.J. &Fieldman, D.C. Organizational Behavior. New York: McGraw Hill Book Company. Decenzo, D.A. and Robbins, S.P., Human Resource Management, New Delhi: Prentice Hall of India Pvt. Ltd. Dessler, G., A Framework of Human Resource Management, New Delhi: Pearson Education. Dwivedi,R.S.,Human Relations and Organizational Behavior:A Global Perspective. New Delhi: Macmillan India Limited. Newstorm, J.W., Organizational Behavior: Human Behavior at Work, New Delhi: Tata McGraw_Hill Publishing company. Robbins, S.P., Organizational Behavior, New Delhi: Pearson. Chalise,M &Gautam,P.,Organizational Behavior & Human Resource Management, KEC Publication, Kathmandu, Nepal

 

MGT 215: Fundamentals of Financial Management
Full Marks: 100 Lecture Hours: 150
Pass Marks: 35
Course Objective This course Fundamentals of Financial Management aims to lay the foundation for understandings fundamental concepts and principles of financial management. This course has been structured as a compulsory course in finance. This course equips the students with fundamental tools and techniques of financial management to prepare them to resolve complex financial issues concerning corporate firms.
Course Description This course is a core course in finance and includes the basic area of financial management functions. This course consists of the introduction to financial management, understanding, and analysis of financial statements, time value of money, fundamentals of risk and return theory, bond valuation, stock valuation, cost of capital, capital structure and leverage, working capital management, and distributions to shareholders.
Course Detail
Unit 1: Introduction to Financial Management LH 7 Nature of financial management; Finance within an organization; Functions of financial management; The financial goal: creating value for investors; Balancing shareholder interest and the interests of society.
Unit 2: Financial Statement Analysis LH 15 Financial statements: Balance sheet, profit or loss statement, cash flow statement, statement of change in shareholders’ equity; Framework for analysis; Nature and need of financial ratio analysis; Types of financial ratios: liquidity ratios, asset management ratios, debt management ratios, profitability ratios, market value ratios; DuPont system of financial ratio analysis; Ratios in different industries; Uses and limitations of financial ratios; Common size and index analysis.
Chapter 3: Time Value of Money LH 20 Concept time value of money; Cash flow time line; Future values and present values of a single cash flow; Finding the interest rate and the number of years; Future value and present value of an ordinary annuity and annuity due; Finding annuity payments, periods and interest rates; Present value of perpetuities; Present value and future value of uneven cash flows; Semiannual and other compounding periods; Preparation of loan amortization schedule; Application of the concept of time value of money.
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Unit 4: Fundamentals of Risk and Return LH 18 Defining risk and return, expected rates of return, historical rates of return, standard deviation, coefficient of variation; Risk aversion and required returns; Return and risk in a portfolio context: The role of covariance and correlation; The capital asset pricing model (CAPM): the beta coefficient, the security market line (SML): The relationship between risk and rates of return.
Unit 5: Financial Assets Valuation LH 20 Concept of financial assets; Key characteristics of bonds, common stocks and preferred stocks; Basic financial asset valuation models; Valuation of bonds: perpetual bonds, zero coupon bonds, coupon bonds with a finite maturity, bond valuation with semiannual interest; Discount bond and premium bond; Bond yields: current yield, capital gain yield, holding period return, yield to maturity, yield to call; Dividend discount model for stock valuation: zero-growth model, normal growth model, super-normal growth model, single period valuation, multi-period valuation; Valuation of preferred stock.
Unit 6: Cost of Capital LH 10 Concept of cost of capital; Applications of cost of capital in financial decision making, Component cost of capital: cost of debt, cost of preferred stock, the cost of retained earnings, the cost of new common stocks; Weighted average cost of capital (WACC); Factors affecting the WACC.
Unit 7: Capital Structure and Leverage LH 10 Concept of capital structure; Business risk and operating leverage; Financial risk and financial leverage; Total leverage; Break-even analysis: Operating break-even, cash breakeven, financial break-even analysis.
Unit 8: Basics of Capital Budgeting LH 20 Characteristic of capital budgeting decision; Capital budgeting decision process; Types of capital budgeting projects; Capital budgeting decision techniques: payback period, discounted payback period, net present value, profitability index, internal rate of return, modified internal rate of return; merits and limitations of each capital budgeting decision technique.
Unit 9: Working Capital Management LH 15 Concepts of working capital; Types of working capital: Seasonal and permanent working capital, Factors affecting the size of working capital; Significance of working capital management; The cash conversion cycle; Significance of inventory management; Basic inventory costs; The economic order quantity model; Reorder point and safety stock; Quantity discount; Significance cash management, Cash budget; Purpose of receivables management; Elements of credit policy.
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Unit 10: Distributions to Shareholders LH 15 Concept and types of dividends; Factors affecting dividend policy; Dividend payment procedures; Dividend policy in practice: Stability in dividends and residual dividend policy; Stock dividends, Stock splits, Reverse stock splits; Stock repurchases; Dividend payment practices in Nepal.
Text Book Brigham, E. F. & Houston, J. F. Fundamentals of financial management. Delhi: Cengage Learning.
References Gitman, L. J. Principles of managerial finance. Delhi: Pearson Education. Van Horne, J. C., Wachowicz, J. R. & Bhaduri, S. N. Fundamentals of financial management. New Delhi: Prentice-Hall India Ltd.