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Comprehensive Guide to HR and Finance Management

The document outlines various academic units covering Human Resource Management, Financial Management, Operations & Supply Chain Management, Financial and Tax Planning, Design Thinking, and Business Analytics and Research Methods. Each unit includes key concepts, processes, and methodologies relevant to the respective fields, such as job analysis, capital budgeting, supply chain logistics, investment planning, design thinking frameworks, and data analytics techniques. The content is structured to provide a comprehensive understanding of each subject area and its practical applications.

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0% found this document useful (0 votes)
15 views6 pages

Comprehensive Guide to HR and Finance Management

The document outlines various academic units covering Human Resource Management, Financial Management, Operations & Supply Chain Management, Financial and Tax Planning, Design Thinking, and Business Analytics and Research Methods. Each unit includes key concepts, processes, and methodologies relevant to the respective fields, such as job analysis, capital budgeting, supply chain logistics, investment planning, design thinking frameworks, and data analytics techniques. The content is structured to provide a comprehensive understanding of each subject area and its practical applications.

Uploaded by

avnidixit951
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Human Resource Management

➢ Unit 1:
Introduction: Concept, Nature and Scope of Human Resource Management; Evolution of
HRM; Role of HRM in a competitive business environment; Overview of Strategic Human
Resource Management, Emerging Issues & Challenges of HRM

➢ Unit 2:

Acquiring the Human Resource: Job Analysis-Introduction, process of Job Analysis,


Methods of Collecting Job Analysis Data, Job Description, Job Specification; Human
Resource Planning: Features, Objective, Importance, Process of HRP, Effective HRP;
Downsizing and Retention; Recruitment-Definition, Constraints and Challenges, Source of
Recruitment, Methods of Recruitment, Selection Definition, Process, Interview
Techniques; Orientation and Placement

➢ Unit 3:

Appraisal, Training and Development: Performance Management- Performance Appraisal –


objectives, uses, methods, Traditional vs. Modern Methods, Management by objectives
(MBO), Assessment center, 360 Appraisal, BARS, Executive Development Program. Training
& Development-Concept, Training Vs Development, T&D process, Types of training
Programmes on-the-job and off-the-job, In- basket Training, Case method, Outbound
training, Management games, Role playing; Evaluation of Training Programmes.

➢ Unit 4:

Compensation and Reward Management: Job evaluation: Process & Methods;


Compensation and motivation, Wages & Salary Administration: external and internal
influences on compensation, Compensation decision – pay level decisions, pay surveys,
pay structure decision, Wage Policy; Fringe and retirement benefits.

➢ Unit 5:

Industrial Relations: Introduction to IR-Health and Safety, Employee Welfare, Employee


Grievances and Discipline, Industrial Disputes, Collective Bargaining, Participation and
Empowerment, International Dimensions of HRM; Current business trends and its impact
on HR: Emerging HR issues and contemporary HR concepts and practices.
Financial Management

➢ Unit 1:

Introduction: Nature and scope of Finance, Objectives of finance, Roles and


responsibilities of the finance manager, Time value of money, risk return trade-off

➢ Unit 2:

Financing Decision: Concept and types of cost of capital, cost of various sources of
finance, weighted average cost of capital, study of operating, financial and combined
leverage, EBIT-EPS Analysis, Sources of Finance, Indian Financial System – SEBI, Stock
Markets, and other participants

➢ Unit 3:

Capital Budgeting: Introduction, Project Appraisal Techniques, Determination of cash flow


streams, Capital Rationing and conflicts in NPV and IRR Techniques.

➢ Unit 4:

Corporate Financial Structures and Dividend Policy: Capital structure: Theories of capital
structure (Net income approach, net operating income approach, MM approach,
Traditional approach). Dividend Policy: Introduction, forms of dividend, stability of
dividends, theories of dividend policy (Relevance and Irrelevance theories), determinants
of dividend decision

➢ Unit 5:

Working Capital Financing: Concept, Significance, operating cycle, Estimation, Risk-return


Trade off, Determinants, Working Capital policies and working capital financing.
Operations & Supply Chain Management

➢ Unit 1:

Introduction to Operations and Supply Chain Management: Operations and Productivity;


Optimizing Operations; Goods vs. Services; Manufacturing, Centralized and Decentralized
Supply Chains

➢ Unit 2:

Process and Service Design Capacity Management: Evaluating Production and Service
Systems, System Design and Economies of Scale; Inventory management; Little’s Law,
Material Flow analysis ; Capacity, Throughput Time, and Cycle Time; Product and Process
Layouts – Line Balancing, Bottlenecks, Process Analysis and Gantt Charts

➢ Unit 3:

Operations and Process Analysis: Process Analysis, Process Flow Charting, Performance
Analysis Measures, Production Analysis, Lean Production System, Services Analysis,
Waiting and Queues, Scheduling Model Analysis, Types of Manufacturing Processes

➢ Unit 4:

Demand Forecasting: Demand Forecasting Forecasting the Fundamentals, Quantitative


Forecasting, Time-Series Forecasting, Decomposition, Linear Regression, Moving Average,
The Components of Demand, Causal Relationships, Facility Analysis – Location and
Layout Planning

➢ Unit 5:

Supply Chain Distribution and Logistics: Distribution Network Analysis, Supplier Relations,
Network Design, Allocating Product to Distribution Centers, Vehicle Routing Models,
Domestic and Global Logistics Demand and Supply Uncertainty in Supply Chains; Push-
and Pull-Based Systems, Types of Supply Chains, Agile and Lean Production Processes,
Measuring and Optimizing Supply Chain Performance, The Bullwhip Effect
Financial and Tax Planning

➢ Unit 1:

Introduction of Financial Planning: Introduction to Financial Planning, Role of financial


planner, Regulatory control and practices in financial planning, The Consumer Life Cycle,
Various views of financial planning, Establishing client- planner relationships.

➢ Unit 2:

Financial Literacy & Risk Appetite: Assessment of Financial Literacy levels, gathering client
data and determining goals and expectations, determining the client’s financial status,
Risk Appetite, by analyzing and evaluating the client’s information Analyze Client
Objectives, Needs and Financial Situation.

➢ Unit 3:

Investment and Insurance Planning: Investment Planning: Understanding Asset class,


Investing through stocks and mutual funds. Asset allocation strategies. Insurance
Planning: Type of insurance, Term insurance variables, estimating corpus of term
insurance. Health insurance variables.

➢ Unit 4:

Retirement and Estate Planning: Retirement planning process, Introduction to retirement


products: Provident Funds (EPF, CPF, PPF). Retirement Plans: (NPS, Retirement Insurance
Plans, Retirement Funds) Projecting retirement corpus. Introduction to estate planning
(concepts of Will, Trust and power of attorney)

➢ Unit 5:

Tax Planning for Individuals: Income to be considered while computing total income of
individuals, Exempted Incomes, Deductions, Set-off and Carry- forward of Losses, Relief
and Rebate, Common tax planning tools.
Design Thinking

➢ Unit 1:

What is Different About Design thinking? Design Thinking Skills Principles of Design
Thinking, The Basis for Design Thinking, The Design Thinking Team, Design Thinking
Workshops and Meetings -Exercises and case discussions

➢ Unit 2:

Listening and Empathizing Techniques – observation – structured Open-ended approach.


Design Thinking Frameworks, Ideation tools -Brainstorming, innovation heuristics, behavior
models, Overcoming cognitive fixedness – Exercises and case-based discussions

➢ Unit 3:

Use of Diagrams and Maps in Design Thinking – Empathy map. Affinity diagram, mind map,
journey map, combining ideas into complex innovation concepts.

➢ Unit 4:

Design team-Team formation, Conceptualization:

Visual thinking, Drawing/sketching, new concept thinking, Patents and Intellectual


Property, Concept Generation Methodologies, Concept Selection, Concept Testing,
Opportunity identification Prototyping: Principles of prototyping, Prototyping technologies,
Prototype using simple things, Wooden model, Clay model, 3D printing;
Experimenting/testing.

➢ Unit 5:

Story telling – improvisation, scenario planning, development of scenarios, evaluation


tools, frog design and prototyping – Exercises and case-based discussions. Assess
developer and user perspectives for bias – apply frameworks to strengthen
communication – sustain a culture of innovation
Business Analytics and Research Methods

➢ Unit 1:

Introduction to Business Research and analytics: Introduction to business research &


analytics and its applications (in various industries, Business Analytics Process), Types of
research, Defining the Research problem, The research process, Research Design, Ethical
Issues in Business Research.

➢ Unit 2:

Sampling, Scaling Techniques and Data Collection: Secondary and Primary Data
Collection, Introduction to primary data sources and their types, structured/semi-
structured interviews, and focused Group discussion for qualitative data collection,
Designing questionnaire. Scales of Measurement- Nominal, Ordinal, Interval and Ratio.
Likert Scale. Sampling: Sampling Techniques, Determination of sample size.

➢ Unit 3:

Introduction to Python and SPSS as data analytics tools: Data Loading, Loading Excel and
csv files. Data cleaning. Exploratory data analysis: Data Exploration and Visualization.

➢ Unit 4:

Multivariate methods-1= Exploratory techniques: Principal component analysis, Factor


analysis, Cluster analysis (Hierarchical and k-Means), application of exploratory
techniques using SPSS/Excel/Python

➢ Unit 5:

Multivariate methods-2= Confirmatory techniques: Multivariate regression, Logistic


regression, discriminant analysis, application of confirmatory techniques using
SPSS/Excel/Python

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