Principles of Management
Principles of Management
(Finance) Programs
Course Name: Principles of Management
Course Objective:
1. To familiarize students with the various management & business concepts.
2. To provide a base and help students understand how theory is implemented in business.
Evaluation Criteria:
External Exam: 60 Marks Internal Exam: 40 Marks
Pedagogy:
Use of White-Board & Lecture Method, PowerPoint Presentation, Case Study and Class
Discussion, Company Example Discussions and Videos
Session Outline: (60 Sessions each of 1 hour)
Module Wise
No of Topic / Description Reference
Session Books
Module I: Introduction to Management Management –
Management: Meaning and Characteristics, K. Ghuman
Functions of Management, and K.
Levels of Management, Ashwathappa
05 Management Skills, (Ch-5)
Managerial Roles, Management –
Management – Art or Science? S.P. Robbins,
Qualities of an Effective Manager (Ch-7- Ghuman & M Coulter , N
Ashwathappa) Vohra
06 Module II: Evolution of Management Thought Management –
Classical Management Approaches: K. Ghuman
(a) Scientific Management and K.
(b) Administrative Management (Henry Fayol’s 14 principles), Ashwathappa
(Ch-6)
Neo Classical theories: Management –
Human Relations School - The Hawthrone studies, S.P. Robbins,
M Coulter , N
Modern Approaches: Vohra
(a) Quantitative Approach
(b) The Systems Approach
(c) Contingency Approach,
Management –
Module III: Contemporary Approaches to Management K. Ghuman
(a) Peter Drucker and K.
(b) Michael Porter Ashwathappa
03 (c) Peter Senge
(d) C.K. Prahalad Management –
(e) Stephen Covey S.P. Robbins,
(f) Sumantra Ghoshal M Coulter , N
Vohra
Management –
Module IV: Planning and Decision Making
K. Ghuman
Planning:
and K.
(a) Meaning and Characteristics
Ashwathappa
(b) Importance of Planning
(Ch- 8 & 9)
(c) Limitations of Planning
Essentials of
(d) Types of Plans
Management –
06 (e) Steps in Planning Process,
H. Koontz, H.
Weihrich
Decision Making:
(a) Meaning
Management –
(b) Types of Decisions
S.P. Robbins,
(c) Decision Making Process
M Coulter , N
Vohra
11 Module V: Organizing Essentials of
Organizing: Management –
(a) Meaning H. Koontz, H.
(b) Constituents of organizing, Weihrich
Delegation of Authority:
(a) Meaning
(b) Advantages & Barriers
(c) Guidelines for Effective Delegation
Selection:
(a) Meaning
(b) Selection Process
Module VII: Directing Management –
Leadership: K. Ghuman
(a) Meaning and Characteristics and K.
(b) Leadership Styles, Ashwathappa
(c ) Transactional and Transformational Leadership (Ch- 15, Ch-
14)
Motivation: Management –
(a) Meaning and Process S.P. Robbins,
12
(b) Nature of Motivation M Coulter , N
(c) Motivational Theories – Vohra
Maslow’s Hierarchy of Needs,
McGregor Theory X & Theory Y , Essentials of
McClelland’s Needs Theory of Motivation, Management –
Herzberg’s Motivation Hygiene Theory H. Koontz, H.
(d) Motivational Tools & Techniques Weihrich
(e ) Special Motivational Techniques
Module VIII: Co-ordination Principles of
Co-ordination: Managemen6 –
(a) Meaning and Need P. C. Tripathi
03
(b) Types of Coordination and P.N.
(c) Techniques of Coordination Reddy
(d) Difficulty in Coordination
Module IX: Controlling Management –
(a) Meaning and Characteristics K. Ghuman
04 (b) Importance of Controlling and K.
(c) Control Process Ashwathappa
(d) Control Techniques (Ch-18)
04 Module X: Organization Change Principles of
(a) Need for planned change/ Factors responsible for change Managemen6 –
(b) Types of Change P. C. Tripathi
(c) Process of Change and P.N.
(d) Approaches to change ; Reddy;
(e) Change Management Models ;
Management –
(f) Managing Change
K. Ghuman
and K.
Ashwathappa;
(Ch- 22)
Koontz &
Weihrich
References: -
1. Robbins, Coulter & Vohra. Management. Pearson, New Delhi.
2. Ghuman & Aswathappa. Management: Concept, Practice & Cases. McGraw Hill, New
Delhi.
1. Koontz & Weihrich. Essentials of Management. McGraw Hill, New Delhi.
3. Robbins, Decenzo, Bhattacharya & Agarwal. Essentials of Management. Pearson, New
Delhi.
4. Tripathi & Reddy. Principles of Management. McGraw Hill, New Delhi.
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