BUSINESS ADMINISTRATION CSS SYLLABUS (100 MARKS)
I. Management
- Defining Organization, Management, and Management in Organizations
- Four Management Functions, Management Roles, Management Skills
- Organizational Internal-External Environment
- Management Planning, Goal Setting, and Decision Making
- Strategic Management Process: Strategy Formulation and Implementation
- Developing Organizational Structure and Design
- Designing Adaptive Organizations
- Managing Change and Innovation
- Leadership and Motivation
II. HR Management
- Role of Human Resource Management in Organizational Performance
- Functions of HRM
- Process and Methods of Job Analysis
- Planning and Forecasting Personnel Needs
- Recruitment and Selection
- Training and Development
- Performance Management and Appraisal: Methods and Processes
- Establishing Strategic Pay Plans
- Compensation and Benefits
- Ethics, Justice, and Fair Treatment in HR Management
- Labor Relations and Collective Bargaining
III. Financial Management
- An Overview of Financial Management
- Introduction and significance of financial markets
- Differentiation between real assets and financial assets
- Types of Financial Markets
- Role of capital and money markets in economic development
- Organizational goals and shareholder wealth maximization perspective
- Time Value of Money
- Cost of money and factors affecting the cost
- Interest rate fundamentals and determinants of market interest rate
- Role of time value of money in finance
- Concept of future value and present value
- Making timelines, annuities, perpetuities, and mixed cash flows
- Present and future value of cash flow streams
- Compounding interest (discrete and continuous)
- Loan amortization
- Analysis and Interpretation of Financial Statements
- Reading financial statements
- Horizontal and vertical analysis (common size, ratio, trend analysis)
- Forecasting financials for decision making
- Evaluating credit, management, profitability, and risk
- Risk, Return, and Introduction to Pricing
- Measures of risks and return
- Investment return and expected rate of return
- Standalone risk (standard deviation and coefficient of variation)
- Risk aversion and required rate of return
- Portfolio risk: diversifiable vs. market risk
- Security Market Line and CAPM
- Calculating WACC
- Discounting for price determination
- Cash Flow and Budgeting
- Significance of budgeting
- Making cash budgets and financial forecasts
- Profit vs. cash flow
- Reading and analyzing cash flow statements
- Capital Budgeting
- Significance of capital budgeting
- Cash flow calculations (incremental cash flows)
- Capital budgeting decision rules (NPV, IRR, MIRR)
- Finding optimal capital structure
- Calculating appropriate discount rates
- Capital rationing
IV. Operations and Supply Chain Management
a. Operations Management
- Operations & Productivity
- Role and significance of OM
- Future trends and differences between goods and services
- Operations Strategy in Global Environment
- Developing mission & OM strategies
- Critical Success Factors (CSF) and aligning core competencies
- Process Strategy
- Four process strategies
- Process analysis and design, mapping, flow diagrams
- Process re-engineering
- Capacity Planning
- Design and effective capacity
- Capacity planning (leading vs. lagging strategies)
- Single & multiple product break-even analysis
- Location Strategies
- Factors affecting location decisions
- Methods for evaluating location alternatives
- Layout Strategies
- Types of layout and design methods
- Inventory Management
- Role of inventory, models, and systems (EOQ, safety stock, service level)
b. Supply Chain Management
- Introduction to Supply Chain Management and Logistics
- Objectives, importance, and decision phases
- Supply Chain Performance
- Achieving strategic fit and related challenges
- Supply Chain Drivers
- Facilities, inventory, information, transportation, sourcing, pricing
- Balancing Supply and Demand
- Bullwhip effect and demand collaboration
- Supply Chain Coordination
- Obstacles and managerial solutions
- IT in Supply Chain Management
- Role of IT, CRM, and risk management
V. Marketing
- Introduction to Marketing
- Developing Marketing Strategies and Plans
- Scanning the Marketing Environment
- Analyzing Consumer Markets
- Market Segmentation
- Managing Marketing Information
- Branding
- Product Life Cycle
- Pricing
- Managing Distribution Channels
- Integrated Marketing Communications