ICFAI University - Introduction to Management – Paper

2020

 Introduction to Management – Paper I

Max Marks: 100, Duration: 3 Hrs

PART I – INTRODUCTION TO MANAGEMENT

Management: An Overview: Definitions of Management; The Role of Management; Functions of Managers; Levels of Management; Management Skills and Organizational Hierarchy; Approaches to Management.

Evolution of Management Thought: Early Approaches to Management; Classical Approach; Behavioral Approach; Quantitative Approach; Modern Approaches to Management; Emerging Approaches in Management Thought.

Social and Ethical Responsibilities of Management: Social Responsibilities of Management; Arguments for and against Social Responsibilities of Business; Social Stockholders; Measuring Social Responsiveness; Managerial Ethics.

PART II – PLANNING

Fundamentals of Planning: Definitions of Planning; Nature of Planning; Significance of Planning; Types of Plans; Steps in the Planning Process; Prerequisites for Effective Planning; Limitations of Planning.

Objectives: Nature of Objectives; Evolving Concepts in MBO; The Process of MBO; Benefits of MBO; Limitations of MBO; Making MBO Effective.

Strategies, Policies and Planning Premises: Nature and Purpose of Strategies and Policies; The Three Levels of Strategy; Strategic Planning; Competitive  Analysis in Strategy Formulation; Major Kinds of Strategies and Policies; Porter’s Competitive Strategies; Strategy Implementation; Effective Implementation of Strategy; Planning Premises.

Managerial Decision-Making: Significance and Limitations of Rational Decision-making; Managers as Decision-makers; Decision-making Process; Types of Managerial Decisions; Decision-making Under Certainty, Uncertainty and Risk; Management Information System vs. Decision Support System; The Systems Approach to Decision-making; Group Decision-making; Decision-making Techniques.

PART III – ORGANIZING

Fundamentals of Organizing: Definitions of Organizing; Benefits of Organizing; Traditional Perspectives on Organizing; Closed System vs Open System; Formal vs Informal Organization; Span of Management; Organizational Environment for Entrepreneuring and Intrapreneuring; The Process of Organizing; Prerequisites for Effective Organizing.

Strategic Organization Design: Designing Organizational Structures: An Overview; Major Structural Alternatives; Other Bases for Departmentation; Strategic Business Units; Choosing the Pattern of Departmentation.

Line and Staff Authority and Decentralization: Authority Defined; Power: Bases of Power; Line and Staff Relationships; Centralization vs. Decentralization; Delegation of Authority; Balance- The Key to Decentralization.

Effective Organizing and Organizational Culture: Avoiding Mistakes in Organizing by Planning; Avoiding Organizational Inflexibility; Avoiding Conflict by Clarification; Ensuring Understanding of Organization Structure; Organizational Culture.

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Introduction to Management – Paper II

Max Marks: 100, Duration: 3 Hrs

 

PART I – STAFFING

Human Resource Management and Staffing: Human Resource Management: An Overview; Staffing; Recruitment; Selection; Socialization Process of New Employees.

Performance Appraisal and Career Strategy: Significance of Appraisal; Formal vs. Informal Appraisals; Performance Rating Methods; Criteria for Appraising Managers; Formulating Career Strategy.

Organizational Change and Organization Development: Organizational Change; Planned Change Through Organization Development; Organizational Development Process; Approaches to Manager Development; Organizational Conflict.

PART II – LEADING

Managing and the Human Factor: The Nature of People; Behavioral Models; Managerial Creativity; Innovation and Entrepreneurship; Harmonizing Objectives: The Key to Leading.

Motivating Employees for Job Performance: Definitions and Meaning of Motivation; Classification of Motivation Theories; Motivational Techniques; A Systems and Contingency Approach to Motivation.

Leadership: Definition and Meaning of Leadership; Key Elements of Leadership; Leadership Theories

Managing Communications: Definitions of Communication; Significance of Communication in Organizations; Communication Process; Communication Flows in an Organization; Barriers to Communication; Gateways to Effective Communication.

PART III – CONTROLLING

The Control Function: Planning and Controlling; Importance of Controlling; Levels of Control; Basic Control Process; Types of Control; Requirements for Effective Controls.

Control Techniques: Major Control Systems; Financial Control; Budgetary Control; Quality Control; Inventory Control.

Productivity and Operations Management: Production and Productivity; Productivity Problems and Measurement; Operations Management and its Importance; Operations Research for Planning, Controlling and Improving Productivity; Operations Research Methodology; Some Operations Research Techniques; Other Tools and Techniques for Improving Productivity.

Direct Control versus Preventive Control: Direct Control versus Preventive Control; Direct Control; Preventive Control; Management Audit and Enterprise Self-Audit.

Management Information Systems: Management Information; Components of an Information System; Types of Information Systems; Management Information Systems.

PART IV – EXPANDING HORIZON IN MANAGEMENT

International Management: Reasons for going International; International Management Functions; Japanese Management and Theory Z; Multinational Corporations. 

https://www.icfaiuniversity.in/regulations/mba/curriculum_groupA.htm