Strategic Management and Corporate Governance
Module 1: Strategy and Process
Historical perspective of Strategic management,
Conceptual framework for strategic management,
the Concept of Strategy and Strategy Formation Process – Stakeholders in
business –Vision, Mission and Purpose – Business definition, Objectives and
Goals.
The SM model
Module 2: Competitive Advantage
External Environment – PESTEL Analysis,
SWOT Analysis,
Porter’s Five Forces Model,
The Competitive Profile Matrix (CPM),
Globalization and Industry Structure – Resources, Capabilities and
competencies
Value Chain Analysis – Core competencies, generic building blocks of
Competitive Advantage- Distinctive Competencies - Avoiding failures and
sustaining competitive advantage.
Module 3: The Strategic Alternatives
Corporate Level Strategies – Stability, Expansion, Retrenchment and
Combination strategies - Business level strategy:
Cost, Differentiation, and Focus Strategies-
Strategy in the Global Environment –
Corporate Strategy –
Vertical Integration - Diversification and Strategic Alliances- Building and
Restructuring the corporation- Strategic analysis and choice – Environmental
Threat and Opportunity Profile (ETOP) – Organizational Capability Profile -
Strategic Advantage Profile - Corporate Portfolio Analysis – GAP Analysis -
Mc Kinsey's 7s Framework - GE 9 Cell Model – BCG Matrix - Balance Score
Card, Internal Factor Evaluation (IFV) Matrix
Module 4: Strategy Implementation & Evaluation
The implementation process, Resource allocation, designing organizational
structure, Designing Strategic Control Systems - Matching structure and control
to strategy - Implementing Strategic change, Politics-Power and Conflict-
Techniques of strategic evaluation & control.
Module 5: Current Strategic Issues
Managing Technology and Innovation- Blue Ocean Strategy, managing in an
economic crisis, new directions in strategic thinking, Strategic issues for Non
Profit organizations, Small Scale Industries, New Business Models and
strategies for Internet Economy.
Module 6: Corporate Governance
Defining Corporate Governance, Exploring Corporate Governance and the
Relationships between Internal and External Stakeholders, The organization’s
Responsibility and Accountability to Its shareholders, The Organization’s
Accountability to Its Board of Directors, Role and Responsibilities of the Board,
Integrity and Ethical Behavior: Disclosure and Transparency. Development and
critical appraisal of corporate governance in India.
Projects and Operations Management
Module 1
Definition of Project, Five phases of project management- Project Initiation,
Project Planning, Project Execution, Project Monitoring and Controlling,
Project Closing.
Module 2
Project management knowledge areas: Project integration management. Project
scope management. Project time management. Project cost management.
Project quality management. Project resource management. Project
communications management. Project risk management.
Module 3
Nature and Scope of Production and operations Management, its relationship
with other Systems in Organizations, Functions of Production and material
management, Types of production Systems.
Forecasting as a planning tool, Forecasting types and methods. Problems.
Facility Planning: Facilities location decisions, factors affecting facility location
decisions and their relative importance for different types of facilities.
Problems.
Module 4
Facility layout planning: Layout and its objectives for manufacturing
operations, principles, types of plant layouts – product layout, process layout,
fixed position layout, cellular manufacturing layouts, hybrid layouts, Factors
influencing layout changes. Problems.
Time and Motion Study, Work Study in Management Science
Maintenance: Reactive (run-to-failure), Predetermined maintenance, Preventive
maintenance, Corrective maintenance, Condition-based maintenance, Predictive
maintenance.
Introduction to Lean operations and elimination of 7 wastes
5S of housekeeping.
Module 5
Quality management: Introduction; Quality characteristics of goods and
services; Tools and techniques for quality improvement: check sheets,
histogram, scatter diagram, cause and effect diagram, Pareto chart, process
diagram, statistical process control charts;
Quality assurance; Total quality management (TQM) model; Service quality,
Concept of Six Sigma and its application.
Juran’s quality trilogy, Deming’s 14 principles, PDCA cycle, Quality circles,
Quality improvement and cost reduction – QC tools, Introduction to the current
ISO for Production Management.
Contribution of Quality Gurus.
Module 6
Meaning of Productivity and different types of productivity
Materials Management: Role of Materials Management – materials and
profitability, Purchase functions, Procurement procedures
Vendor selection and development, Vendor rating, ethics in purchasing.
Inventory Management: Concepts of inventory, types, Classification, selective
inventory management, ABC, VED and FSN analysis. Inventory costs,
Inventory models – EOQ, safety stocks, Reorder point, Quantity discounts.
Business Analytics using Excel
Module 1: Introduction to Business Analytics
Introduction to Business Analytics (BA)*.
Evolution and Scope of Business Analytics.
Data for Business Analytics.
Decision Models – Descriptive, Predictive and Prescriptive Models.
Problem Solving and Decision-making process.
Analytics on Spread sheets
Basic Excel skills.
Using Excel functions and developing Spread Sheet Models.
Art of developing Spread sheet models – Guidelines to develop an adequate
spread sheet model.
Debugging a spread sheet model.
Module 2: Storytelling in a Digital Era
A Visual Revolution, From Visualization to Visual Data Storytelling: An
Evolution, From Visual to Story:
Bridging the Gap - Power of Visual Data Stories:
The Science of Storytelling.
The Brain on Stories, The Human on Stories, The Power of Stories, The Classic
Visualization Example, Using Small Personal Data for Big Stories, The Two-or-
Four Season Debate, Napoleon’s March, Stories Outside of the Box
Module 3: Getting Started with Tableau
Using Tableau, Why Tableau, The Tableau Product Portfolio, Tableau Server,
Tableau Desktop, Tableau Online, Tableau Public, Getting Started, connecting
to Data, connecting to Tables, Live Versus Extract, connecting to Multiple
Tables with Joins, Basic Data Prep with Data Interpreter, Navigating the
Tableau Interface, Menus and Toolbar, Data Window, Shelves and Cards,
Legends, Understanding Dimensions and Measures: Dimensions, Measures,
Continuous and Discrete
Module 4: Descriptive Analytics
Visualizing and Exploring Data. Descriptive measures to summarize the data.
Application of Excel Descriptive statistics tool. Probability distributions and
Data modelling. Sampling and Inferential statistical methods. Using Excel Data
Analysis add in for estimation and hypothesis testing
Module 5: Predictive Analytics
Introduction, Statistical Model, Inference about regression coefficient,
Multicollinearity, Include/Exclude Decisions, Stepwise Regressions, The Partial
F test, Outliers, Violation of Regression Assumptions, Prediction, Multiple
Regression: Interpretation of regression coefficients, Interpretation of Standard
error of estimate and R Square, Modelling Possibilities, Validation of Fit.
Binomial Logistic Regression, Multinomial Logistic Regression.
Module 6 : Time Series Analysis
Introduction – Time Series, Time Series Vs Regression, Components –
Predictable, Unpredictable, Local Global, Trend, Seasonality, Additive &
Multiplicative models, Cyclicity, Seasonality, Stationary, Noise, Single and
Double Exponential Smoothing (Holt’s Method), Autocorrelation function, AR
Model, MA Model, ARMA Model, ARIMA, GARCH Model.
Finance Specialization
Business Valuation and Value Based Management
Module 1: Introduction to Fundamental tools of Finance
Meaning of Financial Management – Goals of Financial Management -
Analysis of Financial Statements – DU PONT ANALYSIS;
Time Value of Money – Compounding, Discounting, Annuity and Perpetuity;
Weighted Average Cost of Capital – CAPM based calculation. Beta – Un-
levering and Re-levering
Module 2: Corporate Valuation
Valuation of Firm and Valuation of Equity – Net Assets Method, Earnings
Capitalisation Method, Relative Valuation, Chop Shop Method.
Valuation of Firm and Valuation of Equity – Discounted Cash Flow (DCF)
Method, Adjusted Present Value (APV) Method, Economic Value Added
(EVA) Method.
Indian Valuation Standards issued by ICAI.
Module 3: Advanced issues in Valuation
Valuation of High Growth Companies, valuation of Cyclical Companies,
Valuation of Banks, valuation of Insurance Companies.
Cross-border Valuation, Valuation in Emerging Markets, Valuation of Private
Companies.
Valuation of Intangible Assets.
Human Resource Valuation.
Brand Valuation.
Module 4: Value Based Management and Corporate Restructuring
Marakon Approach, Alcar Approach, Mc Kinsey Approach, Stern-Stewart
Approach and BCG Approach. Performance Measurement and Analysis.
Balanced Scorecard.
Module 5- Corporate Restructuring
Corporate Restructuring – Ownership Restructuring, Business Restructuring,
Asset Restructuring, Organisational Restructuring.
Financial Restructuring - designing or redesigning capital structure, financial
restructuring in the event of change in legal requirements, financial
restructuring in the event of continuous losses, Buy-back of Shares, Rights
Issue, Convertible Instruments, Callable Bonds.
Module 6: Mergers and Acquisition
Valuation for Merger / Acquisitions, financing a merger, Determining Exchange
Ratio – Range and Terms. Feasibility of Mergers and Acquisitions
Investment Analysis and Management
MODULE 1: BASICS OF INVESTMENTS
Investments – Meaning.
Differences between Investment, Trading and Speculation.
Process of making and Managing Investments.
Investment Goals and Constraints.
MODULE 2: INVESTMENT ALTERNATIVES
Non-marketable Financial Assets,
Money Market Instruments,
Fixed Income Securities, Equity Shares, Mutual Funds, Derivatives,
Life Insurance Policies, Real Estate, Precious and Valuable items.
MODULE 3: STOCK SELECTION AND PORTFOLIO
CONSTRUCTION
Stock Selection: Fundamental Analysis – Economy Analysis, Industry Analysis,
Company Analysis and Stock Valuation.
Technical Analysis.
Efficient Market Hypothesis.
Portfolio Construction: Calculation of Return and Risk, Decomposition of Risk.
Portfolio Construction Theories – Markowitz Theory, Sharpe’s Single Index
Model, Capital Asset Pricing Model, Arbitrage Pricing Theory.
MODULE 4: BONDS
Pricing of Bonds, Returns on Bonds, Risks associated with Bonds, Duration and
Modified Duration. Bond Portfolio Construction – Immunization Strategy
MODULE 5: MUTUAL FUNDS
Mutual Funds – Net Asset Value.
Mutual Fund Returns. Selection Criteria – Sharpe’s Measure, Treynor’s
Measure, Jensen’s Measure.
MODULE 6: PORTFOLIO EVALUATION AND REVISION
Selection criteria: Performance Evaluation- Sharpe’s Performance Index,
Treynor’s Performance Index
Jensen’s Measure to identify the predictive ability,
Evaluation of Mutual Fund. -NAV method,
Portfolio Revision Methods- Investment Timing,
Formula Plans Constant Dollar Value Plan,
Constant Ratio Plan,
Variable Ratio Plan
FINANCE AND BANKING
UNIT 1- FINANCIAL MARKETS
Introduction, Primary Market and Secondary Markets- Meaning- Features-
Players of primary market.
Shares, debentures- Meaning, Features.
Stock market operations trading, clearance and settlement procedures.
Types of Investments- Stock and Shares, real estate, mutual funds, post office,
insurance- schemes.
UNIT 2- COMMODITY MARKET
Evolution, Commodity derivatives, Commodity exchanges- Regional &
National and International, Functions role, objectives and types- Types of
transactions in commodity market- Spot, Future and Forward options markets.
(concepts only)
UNIT 3- BANKS
Introduction, Functions and types of banks, Role of RBI, Types of Accounting,
Procedure for opening accounting, KYC, types of loans, Operation of
Accounting, Retail Banking, Corporate banking.
UNIT 4 – NEGOTIABLE INSTRUMENTS
Cheques- Meaning and Definition- Features- Parties- Crossing of cheques-
Types of crossing.
Endorsements- Meaning- Essentials- Kinds of Endorsement.
