MBA Syllabus

Generation Green, MBA (AIS), 2nd Batch, JNU

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MBA Syllabus

Department of Accounting and Information Systems

Jagannath University, Dhaka

Course No. Title of the Courses

ACT. 5101 Accounting Theory

ACT. 5102 Strategic Management Accounting

ACT. 5103 International Financial Management

ACT. 5104 Accounting for Government and Non-Profit Organizations

ACT. 5105 Accounting Information Systems

Course No. Title of the Courses

ACT. 5201 Advanced Financial Accounting

ACT. 5202 Corporate Financial Reporting

ACT. 5203 Project Management

ACT. 5204 Production and Operations Management

ACT. 5205 Strategic Management

First Semester

Second Semester


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DISTRIBUTION OF COURSES, MARKS AND CREDIT POINT

The total marks for the MBA program shall be 1300. Of which 1000 marks shall be for 10

teaching course units, 100 marks for oral examination (Viva-Voce) and 200 marks for an

intensive internship program. Total credit points offered in the MBA program shall be 39.

The summary of the above information are as follows:

Summary of Allotted Courses, Marks and Credits for MBA Program

Semester No. of Courses Marks Credits

1st Semester 05 100 03

2nd

Semester 05 100 03

Viva-Voce 100 03

Internship/Dissertation 200 06

TOTAL Teaching Courses = 10

Viva-Voce = 01 3900 39

Students shall appear in the viva-voce examination (oral examination) having 3 credit points

at the end of 2nd

Semester-final examination. At the end of 2nd

semester, a student is required

to undergo minimum 3 and maximum 4 months long internship program. Each student is also

required to present the report on his/her study/observation before the faculties (or as

determined by the chairman of the department) of the Department.


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FIRST SEMESTER

COURSE NO. ACT.5101: ACCOUNTING THEORY

1. Evolution of Accounting Thought

Early history of Accounting – Origin and Growth of Accounting Knowledge and the Double

Entry System – Industrial Revolution and Development of Accounting – Development of

Accounting in the 20th

Century – Accounting Accountability and Economic Development.

2. The Structure of Accounting Theory

I. Types of Accounting Theory: Structural (Syntactical) Theories – Interpretation

(Semantic) Theories – Behavior (Pragmatic) Theories.

II. Formulation of Accounting Theory: Traditional Approach: Deductive approach –

Inductive approach – Economic approach – Electric approach – Modern approach:

Event approach – Decision model approach – Behavioral approach – Electric

approach – Predictive approach – Human information processing – Information –

Economic approach.

III. Foundation of Accounting Theories: Decision Theory – Proprietary Theory – Entity

Theory – Measurement Theory – Enterprise Theory – Information Theory.

3. Conceptual Framework for Accounting and Reporting

Basic objectives – Subsidiary objectives – Information needs – Qualitative characteristics of

Information needs – Qualitative characteristics of Information Fundamentals of Accounting

and Reporting – Accounting and Reporting Standards – Interpretation of Standards –

Uniformity of Accounting Practices – A Statement of Basic Accounting theory (ASOBAT) –

Basic Concepts and Accounting Principles underlying Financial Statements of Business

(APB-4) – Objective of Financial Statements (True blood Report) – Statement of Accounting

Theory and Theory Acceptance (SATTA) – Introduction to statement of Financial

Accounting Concepts (SFAC: 1-6) – Introduction to Statement of Financial Accounting

Standards (SFAS).

4. Income Concepts

The nature of income – Income recognition – Income recipients – A comparison of

accounting and economic concepts of business income – Concepts of Capital maintenance.

5. Current Value and General Purchasing Power Accounting

Current value accounting – Financial reporting in units of general purchasing power –

Comparison of valuation methods.


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6. Financial Reporting Disclosure Requirements and Ethical Responsibilities

Disclosure requirements – Authoritative bodies – Securities and Exchange Commission –

Integrated disclosure system – Disclosure fraud – Duties of Public accountants – Ethical

responsibilities – The professional code of conduct.

7. Accounting Standards & Related Documents

Various Committees/ Associations for framing standards, Principle of Accounting –

International Accounting Standards (IAS) – SSAPs – FRSs – SORPs – UITF Abstracts –

SFAS – SFACs – FAS – International Accounting.

8. Human Resources Accounting

Meaning of Human Resources Accounting – Uses and objectives of HRA – Important

Factors in developing HRA in and organization – Measurement of Human Resources and

their appraisal.

Text and References:

1. Chatfield, M., and R. Vangermeersch. 1977. A History of Accounting Thought. New

York. NY: Krieger Publishing Co. Inc.

2. Hendriksen, E.S. 1982. Accounting Theory. Homewood, IL: Richard D. Irwin Inc.

3. Porwal, L.S. 2001. Accounting Theory. New Delhi. Tata McGraw Hill, India.

4. Schoeder, R.G., L.D. McCullers and M. Clark. 1987. Accounting Theory – Text &

Readings. 5th

edition. New York. NY: John Wiley & Sons.

COURSE NO. ACT. 5102: STRATEGIC MANAGEMENT ACCOUNTING

1. Strategic Management Accounting

Definition; Role of Strategic Management Accounting (SMA); Business Performance factors

and their influence on Management and Management Accounting; context of traditional tools

and methods of management accounting; relationship between management accounting and

strategic management tools, SWOT analysis, value chain analysis, portfolio analyses.

2. Strategic Performance Measurement

Traditional Financial Performance Measure: Divisional Profits, Cash Flow, Return on

Investment, Residual Income; Limitations of Traditional Methods for Evaluating Segment

Performance; Non-financial Performance Measures; Throughput as a Non-financial

Performance Measure; Activity-Based Costing and Performance Evaluation; Performance

Evaluation in Multinational Selling.


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3. The Calculation of Costs and Prices

Target Costing, Establishing a Target Price and Its Relation to the Pricing Strategy; Life

Cycle Costing (LCC): context, pros and cons; Life-Cycle Contribution Assessment and Its

Impact on Investment Projects; LCC and Management of Research and Development Costs;

Costing System For Tactical and Operational Level; Strategic, Tactical and Operational

Levels of Analysis (Standard Costing and Variance Analysis)

4. Activity-Based Management

ABM, Value/Based Management, Just-In Time : Pull System, Setup and Carrying Costs,

The JIT Approach, Due-date Performance, The JIT Solution, Avoidance of Shutdown and

Process Reliability, JIT Purchasing Versus Holding Inventories, JIT’s Limitations,

Manufacturing Resource Planning; Total Quality Management: Definition of Quality, TQM

Implementation Guidelines, Types of Conformance, Costs of Quality, Types of Quality Costs

(QC), Distribution of QC, TQM in Service Organizations, TQM and Management

Accountants; Activity-Based Accounting Tools: ABC, ABB, Zero-Based Budgeting,

Customer-Profitability Analysis.

5. Responsibility Accounting and Transfer Pricing in Decentralized Organization

Decentralization; Advantages and Disadvantages of Decentralization; Responsibility

Accounting System; Types of Responsibility Centers; Traditional vs. Contemporary

Responsibility Accounting; Limitations of Traditional Responsibility Accounting.

Transfer Pricing: Transfer Price; Objectives of Transfer Price; Transfer Pricing Methods;

Cost Based Transfer Prices; Market-Based Transfer Prices; Negotiated Transfer Prices; Dual

Transfer Pricing; Choosing the Right Transfer Pricing Method; Transfer Price for Service

Departments; Multinational Transfer Pricing; Behavioral Implications of Transfer Pricing.

6. Planning and Management Control

Definition of Management Control; Objectives of Management Control, Operational Control

vs. Management Control, Design of Management Control Systems; Informal Systems and

Formal Systems; Open and Closed Loop Control Systems; Feedback; Positive and Negative

Feedback; Behavioral Aspects of the Control Process.

Queuing Theory; Decision Tree Analysis; Discounted Expected Value of Decision; Game

Theory and Investment Analysis; Transportation Model; Shadow Price and Sensitivity

Analysis.

7. Balance Scorecard, Benchmarking, EMA and Six Sigma

Balanced Scorecard: Measuring Total Business Unit Performance, The BSC – Financial

perspective – customer perspective – internal business process perspective – Learning and

Growth perspective – Four perspectives and their sufficiency.


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Benchmarking: Meaning – Benefits of Benchmarking Analysis – Types of Benchmarking –

Benchmarking Process – TQM and Benchmarking – Management Accounting for

Benchmarking.

Environmental Management Accounting (EMA), Six Sigma.

Text: 1. Advanced Management Accounting (Latest Edition) – Kaplan, R.S. and A.A.

Atkinson. (Prentice Hall)

2. Cost Management: Strategies for Management Decisions (Latest Edition) – Hilton,

R.W., M.W. Maher and F.H. Selto, 2003.

Reference: 1. Managerial Accounting (10th

Edition) – R.H. Garrison

2. Introduction to Management Accounting (12th

Edition) – C.T. Horngren

COURSE NO. ACT.5103: INTERNATIONAL FINANCIAL MANAGEMENT

1. Introduction

Goal of MNC, Conflict with the MNC goal, Impact of management control, Impact of

corporate control, Theories of international business, International business methods,

Valuation model for an MNC.

2. International Flow of Funds

International flow of funds, balance of payments, Current account, Capital account,

International trade flows, Factors affecting international trade flows, International financial

institutions.

3. International Financial Markets

Motives for investing in foreign markets motives for providing credit in foreign markets,

Motives for borrowing in foreign markets, international money market, international credit

market, international bond market.

4. Exchange Rate Determination

Measuring exchange rate movements, exchange rate equilibrium, Factors that influence

exchange rates, speculating on anticipated exchange rates.

5. Forecasting Exchange Rates

Why firms forecast exchange rates, Forecasting techniques, Evaluation of forecast

performance.


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6. Risk Management

Derivative securities, Hedging, Option, Future, Forward, Interest Rate SWAP, Currency,

SWAP.

7. Multinational Capital Budgeting

Subsidiary vs. parent, Input for multinational capital budgeting, Factors to consider for

multinational capital budgeting, Multinational capital budgeting.

8. Country Risk Analysis

Why Country Risk Analysis is Important, Political Risk Factors, Financial Risk Factors,

Types of Country Risk Assessment, Techniques to Assess Country Risk, Reducing Exposure

to host Govt., Takeovers.

9. Short-term Financing and Long-term Financing

Euro Notes, Petro Dollars, Euro Dollars, Euro commercial papers, Euro notes, Bond, Shares.

Text Book:

1. International Financial Management by Jeff Madura – 8th

Edition

Reference Books:

1. Corporate Finance: Ross, Westerfileld and Jeffy: 9th

Edition.

2. Corporate Finance: Brealy Myers.

COURSE NO. ACT. 5104: ACCOUNTING FOR GOVERNMENT AND NON-PROFIT

ORGANIZATIONS

1. Introduction

History of Government Accounting, Major Concepts of Government Accounting, Nature of

Government Accounting, Commercial vs Government Accounting, Government Accounts,

General Outline of the System of Accounts, Financial Reporting of the Government Entities.

2. General Fund Accounting

Definition of General Fund, Measurement Focus, General Fund Accounting, Adjusting and

Closing Entries for the General Funds, Special Items and Extraordinary Items.

3. Special Funds and Government-wide Financial Statements

Government Funds – Special Revenue Funds, Debt Service Funds, Capital Project Funds,

Permanent Funds; Proprietary Funds- Enterprise Funds, Internal Service Funds; Fiduciary

Funds – Pension Trust Funds, Private-purpose Trust Funds, Agency Funds, Government

Financial Reports.


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4. Government Budgeting

Definition of Budget, Budgetary Accounting and Control, Budgetary Planning Control and

evaluation, Budget Preparation, Legislative Consideration and Action, Budget Execution,

Basic Budgetary Terminology – Capital vs. Current Budgets, Tentative vs. Enacted Budgets,

General vs. Special Budgets, Fixed vs. Flexible Budget, Executive vs. Legislative Budget.

5. Not-for-Profit Entities

Financial Reporting for Not-for-Profit Entities, Colleges and universities, Health Care

Providers, Voluntary Health and Welfare Organization.

6. Accounting for Local Government

Accounting for Municipalities, Accounting or District Council, Taxes and Others Fees may

be levied by District Council and Union Councils, Accounts of District Council.

Text:

Freeman, Shoulders and et. al. “Government and Non Profit Accounting – Theory and

Practice”, Ninth Edition.

COURSE NO. ACT. 5105: ACCOUNTING INFORMATION SYSTEMS

Part A: AIS Concepts

1. Accounting Information Systems: An Overview

Definition and components of AIS, Data & Information, Characteristics of useful

Information, Information Overload, Functions of AIS, Reasons for studying AIS, Role of AIS

in Value Chair.

2. Overview of Business Processes

Functions of AIS, Transaction Cycles, Transaction Processing: Documents and Procedures,

Chart of Accounts, Managerial Reports, Internal Control Considerations.

3. Introduction to E-business

Introduction to E-business, E-business models, EDI, EFT, FEDI, Effects of E-business in

value chain, Success factors of E-business, Encryption, Digital Signature, Digital Certificate,

Types of network, LAN configuration models.

Part B: Control in AIS

4. Control in Accounting Information Systems

Threats to AIS, Overview of control concepts, Internal control classifications, COSO,

Internal Control model by COSO, Foundations of IC framework.


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5. Computer based Information Systems Controls and Security

Principles of reliable system – Availability, Security, Maintainability and integrity; Key

general reliability controls.

6. Auditing of Computer-Based Information Systems

Nature of Auditing, Internal auditing standard, Types of internal audit work, Overview of

audit process, Information systems audit, Risk based audit approach, Computer software and

usage, Functions of computer audit software, Operational audit of an AIS.

7. Transaction Cycles

Revenue cycle-activities, threats & controls; Expenditure cycle-activities, threats & controls,

Production cycle-activities; Human resource cycle-activities, General ledger cycle-activities

& threats.

Part C: System Design

8. Introduction to Systems Development and Systems Analysis

System development life cycle, Steps of SDLC, Players involved in system development,

Types of system development plan, Planning techniques, Feasibility analysis, Behavioral

aspects of change, System analysis.

9. AIS Development Strategies

Purchase of software, Systems acquisition process, In-house and outsourcing software

development, Business process reengineering, Prototyping, CASE.

10. Systems Design, Implementation and Operation

Conceptual systems design, Physical systems design, Systems implementation process,

Operation and maintenance, Factors regarding pre-implementation review.

Text: Romney, Marshall B. and Steinbert Paul J., Accounting Information Systems, Ninth

Edition, Pearson Education.

Reference:

Wilkinson, J.W. and Cerullo, M.J., Accounting Information Systems – Essential Concepts

and Application, third and fourth edition, John Wiley and Sons Inc.

Edward Lee Summers, Accounting Information System, Honghton Miffin Company; USA.

Stephen A. Moscove, Mark G. Simkin, Nancy A. Bagranoff, Core Concepts of Accounting

Information Systems, Fifth edition.


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SECOND SEMESTER

COURSE NO. ACT. 5201: ADVANCED FINANCIAL ACCOUNTING

1. An Introduction to International Financial Reporting Standards

Development of Accounting and Financial Reporting; Setting Accounting Standards, Need

for International Accounting Standards, A brief Overview on IASC; Objectives of Standard

Setting under the Constitution of the IASC Foundation; A Brief Overview on IASB Trustee,

The IASC Foundation Constitution Review, Standard Advisory Council (SAC), International

Financial Reporting Interpretation Committee, IASB Staff, IASB Due Process.

2. Business Combination

This section covers issues related to business combinations in which an acquirer (a parent)

obtains control of one or more businesses (acquires/subsidiaries). A focus will be on the

application of the acquisition method – particularly the recognition and measurement of

assets acquired, liabilities assumed, and any non-controlling interest in the acquire (IFRS-3).

A discussion will be made of accounting for goodwill and other intangibles that arise in a

combination. A discussion on the preparation of consolidated and / or separate financial

statements will then follow (IAS-27). The included topics are consolidation procedures,

disclosure of non-controlling interests, changes in the ownership interests, and the accounting

for the loss of control of a subsidiary.

3. Investment in Associates, Interest in Joint Ventures and Special Purpose Entities

(SPEs)

This section will focus on accounting and reporting issues related to investments in associates

or interests in joint ventures and other special purpose entities (IAS-28, IAS-31, IAS-39 and

SIC-12). This section first discusses the equity method of accounting for investments in

associates when an investor holds significant influences over an associate (investee). It then

followed by accounting for interests in joint ventures and the reporting of joint venture assets,

liabilities, income and expenses in the financial statements of venturers and investors. The

specific issues include a discussion of joint venture types and the application of proportionate

consolidation and equity methods in accounting for interest in joint ventures. SPEs are often

used as off-balance sheet financing vehicles. Based on the IFRSs and recent research articles,

an effort will be made to understand accounting and reporting issues that arise from a

relationship between a sponsor and the SPEs that it controls.

4. Consolidation as of the Date of Acquisition

This applied section illustrates the consolidation procedures for the preparation of

consolidated financial statements of related companies immediately following a business

combination.


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5. Consolidation Following Acquisition

This section is about consolidating the complete set of financial statements of the parent and

its subsidiaries at the end of reporting period. As the accounts are combined, intra group

balances, transactions, income and expenses shall be eliminated in full so that the

consolidated financial statements present financial information about the group as that of a

single entity. This section will further include accounting for consolidated net income, other

comprehensive income, retained earnings, and so the consolidated dividends.

6. Inter-company Transfer: Non-Current Assets

The inter-company transfer of noncurrent assets requires additional adjustments in the

preparation of consolidated financial statements. The section will particularly focus on

accounting for intercompany transfers involving depreciable or amortizable assets.

7. Inter-company Inventory Transactions

The inter-company transfer of inventory may involve different types of inventory and the

transfer may be at cost or at profit or loss. The consolidated process requires that all the

income statement effects of the transfer be eliminated and that the inventory be reported at

cost in the consolidated balance sheet.

8. Inter-company Indebtedness

This section will deal with consolidated accounting for intercompany indebtedness – either

direct indebtedness between parent and subsidiary or between subsidiaries or indirect

indebtedness involving a third party.

9. Consolidated Statement of Cash Flows

This section will deal with consolidated cash flow statements.

10. Accounting for Foreign Currency Transactions (IAS-21 & IAS-39)

Purchase of merchandise from a foreign supplier, foreign currency transaction gain or loss,

Sale of merchandise to a foreign customer, Loan payable in a foreign currency, Loan

receivable in a foreign currency. This section will also cover accounting issues for some

embedded derivatives.

11. Translation of Financial Statements of Foreign Affiliates

Functional currency, Re-measurement of a foreign entity’s accounts, Translation of a foreign

entity’s financial statements.

12. Earnings per Share

Summary of regulatory framework; Objectives and Scope of IAS-33; Key Concepts –

Ordinary share, Dilution, potential ordinary share, Options, Warrants and their equivalents,


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Put Option, Accounting treatment, Presentation and Disclosure; Financial Analysis and

Interpretation; Practical problems.

13. Accounting for income taxes (IAS-12)

Fundamentals of accounting for income taxes; accounting for net operating losses; financial

statement presentation; special issues; asset-liability methods; inter-period tax allocation;

deferred income taxes.

Texts and References:

1. Baker, R.E. Lembki, V.C., King, T.E. 2008. Advanced Financial Accounting, 8th

Edition, McGraw Hill/Irwin.

2. Hilton, M.W., Herauf, D., Modern Advanced Accounting in Canada, 4th

Edition,

McGraw-Hill/Ryerson.

3. International Accounting Standard Board (IASB), 2009, International Financial

Reporting Standards (IFRSs), IASB: Lonadon.

4. Kieso, D.E., J.J. Weygandt, T.D. Warfield, 2006. Intermediate Accounting, John Wiley

& Sons.

5. Larsen, E.J., 2006. Modern Advanced Accounting, 10th

Edition, McGraw Hill.

COURSE NO. ACT. 5202: CORPORATE FINANCIAL REPORTING

1. Introduction

Concept, Objectives, Contents of Annual Report, Importance of Annual Report, Criteria of

Effective Reporting, Constraints on full Achievement of the Qualitative Characteristics of

Information, Conceptual Framework.

2. Institutional Setting and Development of Financial Reporting Systems

Development of Accounting Theory, Development of Accounting Principles, Standard vs.

Principles, Financial Accounting Standard Setting Organizations – AICPA, FASB, IASs,

BASs and Islamic Accounting Standards.

3. Financial Reporting and Disclosure

Meaning, Forms and Arrangement of Formal Statements, Basic Questions in Disclosure,

Management’s Attitude toward Disclosure, Full Disclosure, Adequate Disclosure, Methods of

Disclosure Additional Information in Financial Report (Notes of Financial Statements,

Chairman’s Speech, Directors Report, Auditors Report etc.), Special Items: Related Party

Transactions, Events after the Balance Sheet Date, Internet Financial Reporting, International

Harmonization of Accounting and Reporting.


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4. Segment Reporting

Definition, Need for Segment Reporting, Benefits of Segment Reporting, Operating Segment

(as per IFRS-8), Reportable Segments – Quantitative Thresholds; Geographical Segments,

Disclosing Segmented Information (as per IFRS-8), General Information, Information about

Profit or Loss and Other Segmented Items; Entity wide disclosure, Measurement, Segment

Revenue, Expenses, Assets, Liabilities: Problems in Segment Reporting.

5. Interim Reporting

Concept and Its Importance, Interim Reporting Requirements, Problems in Interim Reporting,

Improving Interim Reports.

6. Social and Environmental Reporting

Definition, Need, Social Performance, Objectives and Standards of Corporate Social

Accounting and Reporting, Social Disclosure in Annual Reports, Approaches to Social

Reporting, Various dimensions of the social and environment reporting, Green reporting.

7. Ethical Issues in Financial Reporting

Fraudulent Financial Reporting, Ethical Standards for Preparing Financial Statements and

Reports, Standards of Ethical Conduct for Members, Resolution of Ethical Conflict, Financial

Executives International (EFI) Code of Ethics.

8. Financial Reporting Practices in Bangladesh

Reporting Practices in Private, Public and Multinational Corporations.

Book Recommended

Text: L.S. Porwal: Accounting Theory

References:

1. Jawhar Lal: Corporate Financial Reports – Theory and Practice.

2. IASB Committee: International Accounting Standards.

COURSE NO. ACT. 5203: PROJECT MANAGEMENT

1. Introduction

Concept of Project – Characteristics and Usefulness of Industrial & Other Development

Projects – Types of Projects – Project Life Cycle – Project Product Life Cycle – Project

Appraisal and Evaluation – Facets of Project Analysis – Feasibility Study of Projects –

Project Management – Importance of Project Management and Difficulties in Managing

Projects.


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2. Market and Demand Analysis

Situational Analysis and Specification of Objectives – Sources of Information – Conduct

Market Survey – Characteristics of the Market – Methods of Demand Forecasting –

Uncertainties in Demand Forecasting – Market Planning.

3. Technical Analysis

Manufacturing Process/Technology – Technical Arrangements – Material Inputs and Utilities

– Product Mix – Plant Capacity – Location and Site – Machinery and Equipment – Structures

and Civil Works – Environmental Aspects – Project Charts and Layouts – Schedule of

Project Implementation – Need for Considering Alternative.

4. Financial Estimates and Projections

Cost of Project – Means of Finance – Estimates of Sales and Production – Cost of Production

– Working Capital Requirement and it’s Financing – Profitability Projections – Projected

Cash Flow Statements – Projected Balance Sheets.

5. Investment Criteria

Nature of Investment Decisions – Importance – Types of Investment Decisions – Investment

Evaluation Criteria – Payback Period – Discounted Payback Period – NPV – IRR –

Profitability Index – ARR – NPV vs. IRR – NPV vs. PI: Complex Investment Decisions –

Projects with Different Lives – Investment Decisions under Capital Rationing – Income Tax

Considerations in Capital Budgeting – Project Risk and Required Rate of Return – Cost of

Capital.

6. Social Cost Benefit Analysis

Rationale for SCBA – UNIDO Approach – Net Benefit in terms of Economic Prices; Shadow

Prices – Basic Issues, Shadow Pricing of Specific Resources/ Accounting Prices –

Measurement of Impact on Distribution – Savings Impact and its Value – Income

Distribution Impact – Adjustment for Merit and Demerit Goods – Little & Mirrless Approach

– Shadow Prices – Shadow Prices of Traded Goods – Accounting Price of Non-traded Goods

– Shadow Wage Rate – Accounting Rate of Return.

7. Network Techniques in Project Management

Network Techniques for Project Management – Development of Project Network – Time

Estimation Determination – PERT/CPM Techniques – Network Analysis – Network Cost

System – Project Cost Control – Time /Cost Trade off Procedures – Resource Constraint in

Project Scheduling.

8. Managing Projects in Bangladesh

Management of development projects in Bangladesh – Project Planning & Processing

Procedure in Bangladesh – Formulation – Appraisal – Approval and Implementation –


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Project Pro-forma – TA Projects – Institutions involved in Project Processing in Bangladesh

– Cost & Time Overruns Problems in Bangladesh – Monitoring and Evaluation of Project in

Bangladesh – Human Aspects of Project Management.

Books Recommend:

Text Book:

Prasanna Chandra: Projects – Planning, Analysis, Implementation & Review.

Reference Books:

1. B.B. Goel : Project Management – Principles and Techniques

2. Skylark Chanda : Managing Projects in Bangladesh

3. R.L. Pitale : Project Appraisal Technique

4. Lock. D : Project Management

COURSE NO. ACT. 5204: PRODUCTION AND OPERATIONS MANAGEMENT

1. Introduction

History and Development of Production Management, Production Systems, Types of

Production, Production Function and Its Environment, Operation Management and Other

Business Specialties, Scope & Function of Production Management, Role of Production

Management in Economic Development.

2. Product and Service Design

Definition, Product Design and Development Sequence, Lifecycle Involvement with Product,

Computer Aided Design, Process, Techniques, The Manufacturing Cycle, Research and

Development, Standardization, Simplification.

3. Enterprise Resource Planning

Plant Layout, Basic Layout Types, Principles and Factors of Plant Layout, Criteria of a Good

Layout, Plant Layout Procedures, Symptoms of Bad Layout, Line Balancing, Flow Pattern,

Material Handling, Maintenance and Replacements, Computerized Layout Techniques –

CRAFT, Assembly Lines, Job Design and Work Measurement.

4. Production Control

Definition of Production Planning and Control (PPC), Interaction of PPC with Other

Functions, Meaning, Objectives, and Procedures of Routing, Basic Scheduling Techniques –

PERT/CPM, Gantt Chart, Dispatching and Follow up, Objectives and Benefits of Production

Control Principles and Procedures of Production Control.


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5. Inventory Management and Control

Definition and Types of Inventory, Costs of Inventory, Inventory Control and Its Purposes,

Inventory Models, Inventory Control Systems, Techniques of Inventory Analysis, Materials

Requirements Planning (MRP), Just-in-Time (JIT) Production Systems, Organization of

Inventory Control.

6. Quality Management and Control

Meaning and Dimension of Quality, Quality Control, Costs of Quality, Total Quality Control

(TQC) and its Process, Benefits and Problems of Quality Control, Inspection and its

Procedures, Statistical Quality Control, Techniques of Statistical Quality Control, Work

Measurement, Time Study, Motion Study and Benchmarking.

7. Total Quality Management (TQM)

Definition, Basic Approach of TQM, Key Elements, Framework, Benefits, Foundations,

Obstacles of TQM, Tools and Techniques of International Organization for Standards (ISO),

ISO-9000, ISO-14000 Series Standards, Product Evaluation Standards.

Books Recommended

1. Chase and Aquilano : Production and Operations Management

2. K.K. Ahuja : Industrial Management

3. K.C. Jain & L.N. Aggarwal : Production Planning, Control and Industrial Management

4. William J. Stevenson : Production and Operation Management

5. D.H. Besterfield and Others : Total Quality Management

COURSE NO. ACT. 5205: STRATEGIC MANAGEMENT

1. Introduction

Meaning of Strategy and Strategic Management – Strategic Planning – Relationship between

a Company’s Strategy and its Business Model – Importance of Crafting and Executing

Strategy – Components/Steps of Managerial Process of Crafting and Executing Strategy.

2. Evaluating a Company’s External Environment

The Strategically Relevant Components of a Company’s External Environment – Five-forces

Model of Competition – Factors affecting Competition from Substitute Products – Factors

affecting the Bargaining Power of Suppliers – Factors affecting the Bargaining Power of

Buyers.

3. Evaluating a Company’s Resources and Competitive Position

Identifying the Components of a Single-Business Company’s Strategy – Identifying

Company Resource Strengths and Competitive Capabilities – Identifying Company Resource


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Weaknesses and Competitive Deficiencies – Identifying a Company’s Market Opportunities

– Identifying the External Threats to a Company’s Future Profitability – Understanding of

Company’s Value Chain.

4. The Five Generic Competitive Strategies

Low-Cost Provider Strategy – Broad Differentiation Strategy – Focused Differentiation

Strategy – Focused Low-Cost Strategy – Best-Cost Provider Strategy.

5. Supplementing the Chosen Competitive Strategy

Collaborative Strategies – Alliances and partnerships – Merger and Acquisition Strategies –

Vertical Integration Strategies – Outsourcing Strategies – Offensive Strategies – Defensive

Strategies – Website Strategies.

6. Tailoring Strategy to Fit Specific Industry and Company Situations

Strategies for Competing in Emerging Industries – Strategies for Competing in Rapidly

Growing Markets – Strategies for Competing in Maturing Industries – Strategies for

Competing in Stagnant or Declining Industries – Strategies for Competing in Turbulent,

High-Velocity Markets – Strategies for Competing in Fragmented Industries – Strategies for

Sustaining Rapid Company Growth – Strategies for Industry Leaders – Strategies for Weak

and Crisis-Ridden Businesses – 10 Commandments for Crafting Successful Business

Strategies.

7. Diversification: - Strategies for Managing a Group of Businesses

Meaning of Diversification – Strategies for Entering New Businesses – Combination of

Related and Unrelated Diversification Strategies – Evaluating the Strategy of Diversified

Company.

8. Executing/Implementing the Strategy

Building an Organization Capable of Good Strategy Execution – Managing the Internal

Operations to Promote Better Strategy Execution – Corporate Culture and Leadership – Keys

to Effective Strategy Execution.

9. Sociology of Work and Work Organizations.

10. Strategy, Ethics and Social Responsibility

Understanding of Ethics in Business-management Morality – Approaches to Managing a

Company’s Ethical Conduct – Linking a Company’s Strategy to its Ethical Principles and

Core Values – Strategy and Social Responsibility.


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Books Recommended:

1. Thompson, Arthur A. and Strickland III A.J. & Gamble John E., Crafting and

Executing Strategy, (16/e), McGraw Hill Irwin.

2. Hill, Charles W.L. and Jones Gareth R., Strategic Management: An Integrated

Approach, (7/e), Houghton Miffin Company.

3. Fred R. David, Strategic Management: Concepts and Cases, (10/e), Pearson Prentice

Hall.

4. Gregory G. Das & G.T. Lumpkin, Strategic Management: Creating Competitive

Advantages, (Latest Edition), McGraw Hill Irwin.

5. Michael A. Hitt, R. Dune Ireland & Robert E. Hoskisson.

6. Strategic Management: Competitiveness and Globalization (6/e), Thompson.

Prepared By: Mohammad Ibrahim Arafat Chowdhury (Zico)

Class Representative MBA (2nd Batch)

Department of Accounting & Information Systems