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Faculty of Business Administration

University of Chittagong
Date:25/02/2015

Course Code: MGS 101


Course Title: Introduction to Business
Marks: 10; Credit: 3.00 hours

Course Objectives:

This course has been designed to impart fundamental knowledge on the


introductory issues of business. It intends to familiarize the students on
forms of ownership, business combination, and functional departments of
business firm, foreign trade and international business. It also entails
business practices in Bangladesh.

Course Contents:
Mid Term : 40
1. Introduction: Meaning, foundation, importance, principles, functions and
objectives of Business, Business process – Environment of business –
Contemporary business challenges.
2. Forms of Business Ownership: Meaning, characteristics, advantages and
disadvantages of different forms of business ownership including sole –
tradership, partnership, joint-stock company, cooperative society and state
ownership- Factors influencing the selection of forms of business.
3. Start up a business: Preliminary steps – The roadmap-Business plan – Deciding
the form & type of business- sources of finance – Acts governing business in
Bangladesh.
4. Functional Areas of Business: Tasks performed by functional departments of
business enterprise: the finance function, the production function, the human
resource function, the accounting function, the marketing function, the ICT
function – Relationship among the functional departments.

Final term : 40
5. Registration, license & certificates: Procedure and documents required to get
trade license, Factory Inspection license, Bonded warehouse license, BSTI
license, TIN and VAT registration – Patent and trade mark registration – Export
registration certificate – BOI registration – Permission from Dept of environment
– utility: gas, electricity and T&T connection – Membership of Trade
organization, opening bank account for business.
6. Business combination: Definition, Emergence, Causes, Advantages,
Disadvantages and techniques of Business combination, Factors, Process,
Advantages, disadvantages of different types of combination.

7. Facilitating Agencies for business in Bangladesh: Clearing & Forwarding


Agency, Indentor, Port authority, Custom and exercise, Chamber of Commerce &
Industry- Export Promotion Bureau.

8. Import and Export : Procedure and policy of import and export – Importance of
import & export trade- Problems of import & export trade- Documentation in
foreign trade – Duty structure for import & export.
9. Forms of international business: Meaning, importance & challenges of
international business – classification of international business – Managing
international business – Forms of economic integration – WTO.

Basic Text:

Skinner and Ivanchevich, Business 21st Century.

Reference Books:
1. O.C. Farrell, G.A Hart, L Ferrell Business: A Changing world – McGraw- Hill
win -New Delhi- Current Edition
2. C.E. Booue & D.L. Kurtz – Contemporary Business, Dryden Press, Current
Edition.
3. Mohammed Ziaul Hoque, Suraiya Nazneen, Md, Sharfuddin Rashed-Introduction
to Business: Fundamentals & Practices, Current Edition.
4. Monjur Morshed Mahmud and Md. Salimuddin, Doing Business in Bangladesh:
Procedures & Practices.
5. Abul Kashem Haider, Business Administration: Import - Export Manual.
Course Code: BEL 102
Course Title: Basic English Language
Marks- 100; Credit: 3 Hours

Course Objectives:

This course is designed to develop the proficiency and fluency of the


learners in English Language. After the completion of this course, learners
are expected to possess the four skills viz. speaking, reading, writing and
listening. Learners are also expected to achieve the naturalness of the second
language user of English and communicate with the professional business
world with more clarity, precision, and fluency.

Course contents:
Mid – Term : 40
1. Structure and written expression:

a. Structure:
i) Sentence structure and its components
ii) Parts of speech
iii) Word order
iv) Word choice
v) Proper style
vi) Verbs and verbal’s
vii) Subject-verb agreement
viii) Tenses and aspects
ix) Types of business vocabulary
b. Written Expression:
i) Errors with word forms
ii) Parallel structures
iii) Singular and plural nouns
iv) Use of prepositions
v) Articles
vi) Degrees of comparison
vii) Sentence correction
viii) Prefixes and suffixes.
2. Reading comprehension:

a. Skimming, scanning, inferencing, and predicting


b. Scanning for facts and negative aspects
c. Drawing inferences, testing vocabulary and references

Final : 40

3. Listening comprehension:
a. Dialogues
b. Extended conversation
c. Mini talks

4. Developing speaking skills:


a. Art of conversation
b. Public speaking
c. Debates
d. Speaking on different topics

5. Composition:
a. Framing sentences with phrases and idioms
b. Writing paragraphs on topics related to business
c. Translation of passage from English to Bengali and Bengali to English

6. Writing letters:
a. Letter of thanks
b. Letter of congratulations
c. Letter of apology
d. Letter of sympathy

Basic Texts:
1. Michael A. Pyle and Mary Ellen Munoz Page, Test of English as a Foreign
Language (TOEFL).
2. Michael Swan, Practical English Usage.

Reference books:

1. Adrian Duff, Teach English, Cambridge University Press.


Course Code: MEC 103
Course Title: Microeconomics
Marks: 100; Credit: 3.00 hours

Course Objectives:
Microeconomics primarily deals with allocation of scarce resources to competing uses on the part
of individual persons or individual economic units (call them economic agents). Economic agents
pursue certain objectives such as the maximization utility (by a consumer) and minimization of
cost (by a firm). Microeconomic tools help understand how economic agents achieve optimum
outcomes with the resources as their disposal. Individual decisions are affected by the actions of
other individuals as well as the regulations imposed by the government. A firm understanding of
the principles of microeconomics helps one ascertain or predict the consequences of these
actions. The main objective of this course is to introduce the business students to the basic tools
of microeconomics that help understand how individual economic agents take decisions in the
pursuit of optimizing the desired objectives.

Mid – Term : 40
Course Contents:
1. Introduction: Meaning of Economics, Nature of Economic, Scope and Subject Matter of
Economics , Scarcity and Choice – Opportunity Cost- Production Possibility Curve-
Shifts in Production Possibility Curve- Efficiency vs Inefficiency-Economic Analysis and
Economic Policy Positive Vs Normative Economics.
2. The Central Problems of Economic Society: How the Economic Problems are Solved
Under Alternative Economic Systems: Market Economics- Socialist Economics- Mixed
Economic-Islamic Economic System- The Price System-Value and Price.
3. (A): Theory of Demand and Supply: The Demand Function-Determinants of Demand
for a Commodity Market-Demand Curve-Shifts Vs. Movement in the Demand Curve-
Supply Function-Determinants of Supply-Shifts Vs. Movement in the Supply Curve-
Competitive Market Equilibrium-Demand and Supply and its Implication.

(B) Elasticity of Demand and Supply: Meaning of Elasticity-Types of elasticity: Point-


Price Elasticity of Demand-Arc Price Elasticity of Demand- Relationship Between Price
elasticity and total revenue- Relationship Between marginal revenue and price elasticity-
Income Elasticity of Demand-Cross Price Elasticity: Point Cross elasticity- Arc Cross-
elasticity, Elasticity of Supply-Concepts-Application in Business.

4. The Theory of Consumer Behavior: Utility Analysis-Cardinal Vs. Ordinal Utility –


Cardinality Approach – Marginal Utility and Law of Diminishing Marginal Utility-
Equilibrium- Ordinalist Approach- Indifference Curve Analysis-Budget Line and its
Properties- Consumer Equilibrium-Effects of Price and Income Change on Consumer
Equilibrium-Derivation of Demand and Engel Curve-Elasticity Measurement along the
Engel Curve-Its Application-Classifying Normal Goods, Inferior Goods and Superior
Goods-Income Effect and Substitution Effect-Normal Goods, Inferior Goods and Giffen
Goods Paradox.
Final – Term: 40
5. Theory of Production: Short-run Production Function-Total Product Curve-Law of
Variable Proportions-Average Product and Marginal Product Relationship, Long-run
Production Function-Isoquants and its Properties –Returns of Scale, Cost Function Iso-
cost and its Properties-Producer Equilibrium through Isoquant and Iso cost Curve-Output
Maximization Vs Cost Minimization-Economic Efficiency-Efficiency in Production,
Derivation of Production Possibility Frontier, Cobb-Douglas Production Function and its
Properties-Elasticity of Substitution.

6. Theory of Cost: Meaning of Cost, Types of cost: Fixed Cost –Variable Cost-total Cost-
Marginal Cost- implicit cost,Explicit cost, sunk cost, incremental cost, out of pocket cost,
social cost, Short run cost function, Long run cost function- Derivation of short-run Cost
Curve and Long-run cost curve.

7. A) Concept of a Market and Different Types of Market: Market Structure-


Competitive and Non-Competitive Market-Perfect Competition Vs. Imperfect
Competition.

B) Pricing Decision Under Perfect Competition: Short-run and Long-run Equilibrium


of Firms and Industry Under Perfect Competition- Derivation Vs. Imperfect Competition.
C) Pricing Decision Under Monopoly- Short-run and Long-run Equilibrium under
Monopoly- Monopoly and Price Discrimination-The Efficiency Effects of Monopoly,
Two-Part Tariffs, In temporal Price Discrimination and Peak-Load Pricing, Natural
Monopoly.
D) Pricing Decision Under Monopolistic Competition- Equilibrium in Monopolistic
Competition-Efficiency, Excess Capacity, Advertising.
E) Pricing Decision Under Oligopoly- The Cournot model. The Stackelberg model, The
Dominant Firm Model, Cartels and Collusion.

8. The Factor Market: The demand and Supply of Factors- Pricing of Factors-Determination
of Wages-Marginal Productivity Collusion.

Basic Texts:
1. Samuelson, Microeconomics (current edition)
2. Craig H. Peterson, W. Cris Lewis and Sudhir K. Jain. Managerial Economics, Pearson
Education, Inc., 2006.
3. H.L.Ahuja, Microeconomics-Theory and practice Current edition

References:
1. Edgar K. Browning and Mark A. Zupan, Microeconomics: Theory and Applications, John
Wiley and Sons. Inc., 7th ed., 2001.
2. R.G. Lipsey and K.A. Chrystal, Principles of Economics (9th ed.).
3. W.J. Baumol and A.S. Blinder, Principles of Economics (7th ed.)
4. Gregory N. Mankiw, Principles of Microeconomics.
5. Martin Bronferibrenner & W. Garner, Microeconomics (Current edition)

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Course Code: BST 104
Course Title: Basic Statistics
Marks: 100; Credit: 3.00 hours

Course Objectives:
The course provides insight into the statistical processes of data
classification, description and presentation.

Learning Objectives:
1. To learn basic concept of statistics and its significance.
2. To understand the nature of data and the presentation of date in different forms
3. To understand the measurement of central tendency, dispersion, moments,
skewness and kurtosis
4. To understand the correlation and regression between variables.
5. To learn how to do forecasting and measures of index number.

Course Contents:
Mid-Term : 40

1. Introduction: Meaning of statistics-Business statistics-Types of Statistics-Types


of variables-levels of measurement-Nature and scope of Statistical Data-Uses of
statistics in business-Limitation of statistics.
2. Grouping and Displaying Data to Convey Meaning: Arrangement of Data-
Arranging data using the data array and the frequency distribution-Constructing a
frequency distribution-Graphing frequency distribution.

3. Describing Data (Measures of Central Tendency): Introduction-Arithmetic


Mean-Geometric Mean-Harmonic Mean-Weighted Arithmetic Mean-Mode-
Median-Quartiles-Deciles-Percentiles- Properties of a Good Average-The relative
position of the Mean, Median and Mode-Problems regarding central tendency.

4. Describing Data (Measures of Dispersion): Significance of Measuring


Dispersion- Properties of a Good Measures of Dispersion- Range-Inter-Quartile
Range and quartile Deviation-Mean Deviation-Standard Deviation-Relative
Measures of Dispersions and their Uses-Problems regarding dispersion.
5. Moments, Skewness and Kurtosis: Moments from Arbitrary Value-Moments
from Mean-Relation between Moments-Measures of Skewness and its Uses-
Measures of Kurtosis and its Use.
Final - Term : 40
6. Correlation Analysis: Introduction-Correlation Analysis-The Coefficient of
Correlation-The Coefficient of Determination-Significance of the Study of
Correlation and Causation-Types of Correlation-Scatter Diagram Method-Karl
Pearson’s Coefficient of Correlation-Rank Correlation Co-efficient.

7. Regression Analysis: Introduction-Regression analysis: Least square principle-


Drawing the Line of Regression-Problems regarding regression analysis.

8. Time Series and Forecasting: Introduction of time Series Analysis-Components


of Time Series-Measures of Trend-Graphic Method-Method of Semi Averages-
The moving average Method-Weighted Moving Average-Least Squares Method-
Nonlinear Trends-Seasonal Variation-Deseasonalizing Data-Using deseasonalized
data to forecast.

9. Index Number: Introduction-Simple Index Numbers-Why Convert data to


Indexes?-Construction of Index Numbers-Weighted Indexes-Unweighted Indexes-
Value Index-Special Purpose Indexes-Consumer Price Index-Shifting the Base.

Basic Texts:

1. Lind, Mason, & Marchal- Basic Statistics for Business and Economics.

Reference Books:

1. Lind, Marchal & Walthen-Statistical Techniques in Business and Economics


2. Richard Levin & David S. Rubin, Statistics for Management.

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Course Code: BMT 105
Course Title: Business Mathematics- I
Marks: 100; Credit: 3.00 hours

Course Objectives:

The main objective of this course is to build up the mathematical knowledge


of the students related to business decision making, moreover this course
will provide an understanding of basic mathematical concepts and their
application in the field of business. After completing this course the students
will be able to take concrete decision about those problems while they face
in day to day business operations.

Mid-Term: 40
Course Contents:
1. Introduction to Business Mathematics: Importance, Scopes, Objectives and
Limitations of mathematics in business studies.
2. Number System: Origin and concept of number, Classification and properties of
real & imaginary numbers, odd number, prime and composite number.
3. Indices, Surds and Logarithm: Indices, Laws of indices Uses of indices, surds,
order of Logarithm, Properties of Logarithm, Types of logarithm, Exponential &
logarithmic series.
4. Set Theory: Concept, Definition, Characteristics of Set, methods of description
of set, Types of Set, Basic Set Operations, Ordered pair, Venn diagram, Cartesian
Products, Business Application.
5. Functions: Definition, Variable, Constant, Parameter, Domain & Range, Types of
functions, Business Application.
6. Equations and Inequalities: Definition of Equations, Types of Equations,
Solution methods of linear and non-linear equations, Definition of Inequalities,
Properties of inequalities, Solution of inequalities, Business Application.

Final-Term: 40

7. Permutations and Combinations: Fundamental rules of counting, Permutations,


Factorial notation, Permutation of `n’ Different Things, Circular Permutations,
Permutations of Things not all different, Restricted Permutations, Combination,
Complementary Theorems, Restricted Combinations, Combinations of things not
all different. Applications of permutations and combinations to business
problems.
8. Progression: Arithmetic progression, Sum of series in Arithmetic Progression,
Arithmetic Mean, Business Application, Geometric Progression, Sum of series in
Geometric Progression, Geometric Mean, Business Application.
9. Mathematics of Finance: Concept of time value of money, Simple & compound
interest, Discounting, Continuous compounding, Effective & nominal rate of
interest, Annuity, Types of Annuity, Business Application.
10. Differential Calculus: Introduction, Rules of differentiation for single variable,
higher order derivatives, Concept of optimization, Optimization methods for
single variable, Business Application.

Basic Text:
1. Ann. J. Hughes, Applied Mathematics: For Business, Economics and the Social
Sciences.

Reference Books:
1. R. L. Childress, Mathematics for Managerial Decision, Second Edition.
2. Business Mathematics, D.C. Sancheti and V. K. Kapoor, Eleventh Edition
3. C.A. Bush & Y. J. E. Young, Foundation of Mathematics with Application to
Social & Management Science, Second Edition.
4. Qazi Zameeruddin, V.K. Khanna & SK, Bhambri, Business Mathematics
5. M. A. Taher, Business Mathematics, Current Edition.
Course No: AIS 106
Course Title: Basic Accounting
Marks-100; Credit: 3.00 Hours

Course Objectives:

The objectives of this course under the title Basic Accounting is to develop
the students’ understanding of accounting process and application of
conceptual framework for the same, in order to create their abilities to apply
such concepts and principles in preparing accounts.

Course Contents:
Mid-Term: 40
1. Introduction to Financial Accounting: Background of Accounting
Development: Definition- The purpose and Nature of Accounting Information-
the Work of Accountants– Branches of Accounting- the Need for Accounting
Concepts and Principles- Professional Associations and Accounting
Principles- Generally Accepted Accounting Principles (GAAP) - Capital and
Revenue Receipts & Expenditures Introduction to International Accounting
Standards (IASs) and International Financial Reporting Standards (IFRS)
issued by International Accounting Standards Boards (IASB).
2. Recording Process in Financial Position: Role of Accounting Records-Debit and
Credit–the Principles of Double Entry- Journal- Ledger- Coding and Chart of
Accounts- Posting in the Ledger Accounts– Trial Balance- Proof Offered by Trial
Balance- Limitations of Trial Balance- Locating Errors- Adjusting Entries-
Rectification of the Errors before and after preparation of Trial Balance.
3. Accounting for Merchandising operations and Accounting System:
Merchandising operations- Recording purchase and sales of merchandise-
Completing the accounting cycle- The Voucher System– Voucher Forms– the
Voucher Register– Vouchers Payable Subsidiaries– Paid Voucher Files, Operating
General Ledgers and Subsidiary Ledgers: Control Accounts–Subsidiary
Ledger Accounts– Subsidiary Ledgers. Special Journals: Advantages of Special
Journals– Cash Receipts Journal– Sales Journals– Purchase Journal– Cash Payments
Journal and General Journal.
4. Completing the Accounting Cycle and Work sheet: Use of Work Sheet-
Preparation of Work Sheet- Closing entries for revenue and expenses accounts- Post
closing trial balance-Opening entries-Reversing entries-Correcting entries.
Final –Term : 40

5. Preparation of Financial Statements: Preparation of Financial Statements-


Multiple-step Statement-Single-step Statement- Classified Balance Sheet-Horizontal
and Vertical Arrangement.
6. Preparation of Cash Flow statement, Value Added and other supplementary
Statements:
(a) Cash Flow Statement: Definition Basic objectives, form, used benefit,
purposes and limitations of flow statement–Requirements of Companies Act,
1994 and the Securities and Exchange Rules, 1987 for the preparation of cash
flow statement, IAS 7: Cash Flow Statement
(b) Value Added Statement and Economic Value Added: Definition–
Objectives- Importance, - Form– Different Concepts of Value Additives-
Preparation of Value added statement and Economic Value Added statement.
(c) Other Supplementary Statements: Statement of accounting policies-
principles and assumptions-Fixed Assets Schedule and other supplementary
statements and disclosure, IAS: 8: Accounting policies, changes in Accounting
Estimates and Errors.
7. Accounting from Incomplete Records: Definition and Defects of Single Entry-
Ascertainment of Profit- Conversion of Single Entry into Double Entry; Abridged
Conversion- Preparation of Accounts from Incomplete Records.
8. Bank Reconciliation Statement: Meaning-Need- Specific Steps in Preparing a
Bank Reconciliation Statement: Different methods-Reconciliation of the Bank
Balance to the Book Balance; Reconciliation of Bank and Book Balances to a
Corrected Balance and Four Column Reconciliation.
9. Introduction of practical training on Accounting software such as Tally or Accpac
(for 8 to 10 Hours )

Basic Text:
1. Weygandt, Kieso and Kimnel, Accounting Principles.

Reference Books:

1. W. Karrenbrock & H. Simsons, Intermediate Accountancy.


2. M. C. Shukla, T.S. Grewal & S.C. Gupta, Advanced Accountancy.
3. P.E. Fess & C.R. Niswonger, Accounting Principles.
4. M. M. Khan, Advanced Accounting.
5. Basu and Das, Principles & Practices of Accountancy.
Course No. MGS 107
Course Title: Fundamentals of Management
Marks: 100; Credit: 3 Hours

Course Objective:
The objective of the course is to help the students gain understanding of the
theory of management and organization, and the practice of management in
contemporary organizations from a conceptual, analytical and pragmatic
perspective. The course will also help the students to develop their own
framework for analyzing and understanding management and as well as
exploring and developing their personal philosophy of management.
Course Contents:
Mid-Term: 40
1. Introduction to Management and Organizations: Who are Managers? What is
Management? What do Managers Do? Management Functions, Management
Roles and Management Skills. How the Managers Job is Changing? What is an
Organization? Why Study Management? The Universality of Management, The
Reality of Work, Rewards and Challenges of Being a Manager.

2. Management History: Historical Background of Management. Classical


Approach – Scientific Management, General Administrative Theory. Quantitative
Approach – Important Contributions, Total Quality Management and How
Today’s managers Use the Quantitative Approach? Behavioral Approach- Early
Advocates to Organizational Behavior, The Hawthorne Studies and How Today’s
managers Use the Behavioral Approach? Contemporary Approach- Systems
Theory. Contemporary Management Issues and Challenges.

3. Managers as Decision Makers: The decision making process, Managers making


decisions, Types of decisions and decision making conditions, Decision making
styles, Executive decision making in today’s world.

4. Foundations of Planning: What and Why of Planning? What is Planning? Why


Do Managers Plan? Planning and Performance, Goals and Plans, Types of Goals,
Types of Plans, Setting Goals and Developing Plans, Contemporary Issues in
Planning.
The Decision Making Process, Managers Making Decisions, Types of Decisions
and Decision Making Conditions, Decision Making Styles.

5. Organizational Structure and Design: Designing Organizational Structure –


Work Specialization – Departmentalization – Chain of Command – Span of
Control – Centralization and Decentralization – Formalization – Organizational
Design Decisions – Mechanistic and Organic Structures, Two Models of
Organizational Designs, Contemporary Organizational designs, Today’s
Organizational Design Challenges. The Human resource Management Process,
Why is HRM Important? Human Resource Planning, Recruitment & Selection,
Employee Training & Development – Employee Performance Management –
Compensation & Benefits – Contemporary Issues in Human Resource
Management.

6. Managers and Communication: The nature and function of communication,


Methods of interpersonal communication, Effective interpersonal communication,
Organizational communication, Information technology and communication,
Communication issues in today’s organizations.

7. Motivating Employees: What is Motivation? Early Theories of Motivation –


Maslow’s Need Hierarchy Theory – McGregor’s Theory X and Y – Herzberg’s
Two factor Theory and McCelland’s Three Needs Theory. Contemporary Theories
of Motivation – Current issues in Motivation.

8. Managers as Leaders: Who are Leaders and What is Leadership? Early


Leadership Theories – Trait Theories and Behavioral Theories. Contingency
Theories of Leadership – The Fielder Model – Situational Leadership Theory –
The Path-Goal Model – Contemporary views of Leadership, Leadership Issues in
the Twenty First Century.

9. Introduction to Controlling: What is controlling? And why is it important? The


Control process, Controlling for Organizational Performance, Tools for Measuring
Organizational Performance, Contemporary Issues in Control.

Basic Text:
Stephen P. Robbins, Mary Coulter, and Neharika Vohra, Management (Current Edition),
PEARSON, India.

References:
1. Ricky W. Griffin, Management: Principles and Applications, (Current Edition),
CENGAGE Learning, India.
2. Heinz Weihrich, Mary V Cannice, and Harload Koontz; Management: A Global
and Entrepreneurial Perspective, (Current Edition), Tata McGraw Hill Education
Private Limited, India.

Course Code : FIN 108


Course Title: Business Finance
Marks: 100; Credit: 3.00 hours

Course Objective:

The course provides a framework of financial management at the


introductory level. Topics include time value of money and its application,
financial environment, and short-term financing, long-term financing,
working capital management and lease financing. Upon successful
completion of this course, students should understand the structure of
financial markets; different values of money like –present, future, etc. along
with amortization process, the processes of short and long term financing
and their consequences, the concepts and process of working capital
management, etc.

Course Contents:
Mid-Term: 40
1. Introduction: Concepts and Importance - Functions of Finance - Alternative Forms of
Business Organization - Goals of Finance - Categories of Finance: Govt. and Business –
Relationship of Managerial Finance with other Disciplines.
2. Time Value of Money and Its Application: Future Value- Present Value- Future
Value of an Annuity- Perpetuity - Uneven Cash Flow Streams- Amortized Loans.
3. Financial Environment: Financial Markets - Financial Institutions- Financial
Intermediaries - Organization and Functions of BSB, ICB & BSRS in Bangladesh,
World Bank, IMF, Asian Development Bank, Islamic Development Bank - Money
Market in Bangladesh.
4. Short-Term Financing: Sources of Short-term Financing -Accruals - Trade Credit
(Accounts Payable) Short-term Bank Loans – Marketable Securities - Accounts
Receivable Financing-Factoring - Inventory Financing.

Final –Term : 40
5. Working Capital Management: Working Capital Terminology -The Requirements
for External Working Capital Finance – Determinants - The Cash Conversion Cycle –
Working Capital Estimation - Working Capital Investment and Financing Policy -
Advantages and Disadvantages of Short-term Financing-Cash, Credit and Inventory
Management.

6. Long-term Financing (Equity): Common Shares - Balance Sheet Accounts and


Definitions - Legal Rights and Privileges of Common Shareholders - Evaluation as a
Source of Funds-Common Stock, Retained Earnings - The Market for Common
Shares - Types of Preference Shares - Evaluation of Preferred Shares as a Source of
Fund – IPO and the Investments Banking Process in Bangladesh.

7. Long-term Financing (Debt): Traditional Debt Instruments - Evaluation of


Long-term Debt as a Source of Fund - The Equity vs. Debt Finance – Corporate
Financing in Bangladesh.

8. Leasing: Its Nature - Types of Leasing – Purchase vs. Leasing – Lease


Financing in Bangladesh – NBFIs.

Basic Text:

1. Gitman, Principles of Managerial Finance (current edition).

Reference Books:

I. S. Besly & E. F. Brigham, Essentials of Managerial Finance.


2. S. B. Bloke & G.A. Hirt, Foundation of Financial Management.
3. I. M. Pandey, Financial Management.
4. R. L. Johnson, Financial Decision Making.
5. GOB, Ministry of Finance, Resume of Financial Institutions.
Course Code: MKT 109
Course Title: Principles of Marketing
Marks: 100; Credit: 3.00 hours

Course Objectives:
The supreme importance of the "marketing concept" is an attempt to identify
and satisfy its customers' needs and wants. In other words, the marketing
concept is a corporate orientation to business that starts with consumers and
integrates marketing into every other corporate function. From this point of
view, a primary task of marketing is to develop and maintain a business'
customer base. Principles of Marketing introduce the learners to the
essentials of marketing (key concepts, conceptual framework, strategies and
tactics) critical to managing profitable customer relationships in today’s
dynamic and connected environment.
Course Contents:
Mid-Term: 40
1. Introduction to Marketing: Definition of marketing, Understanding the marketplace
and customer needs, Designing a customer-driven marketing strategy, Marketing plan
and program, Building customer relationships, Capturing value from customers.

2. Company and Marketing Strategy: Partnering to build customer relationships,


Marketing strategy and marketing mix, managing the marketing effort.

3. The Marketing Environment: the Company’s microenvironment, The Company’s


macro-environment, Responding to the marketing environment.

4. Managing Marketing Information: Assessing marketing information needs,


Developing marketing information, Marketing research, Analysing and using
marketing information.

5. Marketing in Digital Age: Major forces shaping the digital age, Digitalization and
connectivity, Marketing strategy in the digitalization, E-commerce marketing
practices, M-commerce marketing practices.
6. Market Segmentation, Market Targeting, Differentiation and Positioning:
Market Segmentation: Segmenting consumer, business and international markets,
Requirement for effective segmentation, Market Targeting: Evaluating market
segments, Selecting target market segments. Differentiation and Positioning:
Positioning maps, Choosing a differentiation and positioning strategy,
Communicating and delivering the chosen position.

Final –Term : 40

7. Product, Service and Branding Strategy: Level of product and services,


Classification of product and services, Product and service decisions, Branding
strategy, Services marketing.

8. Pricing Products: Factors influencing setting prices: customer perception of value,


value-based pricing, Cost-based pricing, Other internal and external consideration
affecting price decisions.

9. Marketing Channels: Supply and the value delivery networks, The nature and
importance of marketing channels, The role of marketing channels, Channel
behaviour and organization.

10. Retailing and Wholesaling: Types of retailers, Retailer marketing decisions, The
future of retailing, Types of wholesalers, Wholesaler marketing decisions, Trends in
wholesaling.

11. Integrated Marketing Communication: The marketing communication mix, A view


of communication process, Steps in developing effective marketing communication,
setting the total promotion budget and mix.

12. Marketing Ethics and Social Responsibilities: Sustainable marketing, Social


criticisms of marketing, Consumer and business actions to promote sustainable
marketing, Marketing ethics.

Basic Text:

Principles of Marketing by Philip Kotler and Gary Armstrong (Latest Edition)

Reference Books:
Course Code: BST 201
Course Title: Applied Business Statistics
Marks: 100 ; Credit: 3.00 hours

Course Objectives:
The course provides insight into the statistical processes of data analysis. Moreover, this
course focuses on application of statistics for business decision making.

Learning Objectives:
1. To have an overview of discrete and continuous probability distribution.
2. To Describe and construct a sampling distribution.
3. To learn how to test hypothesis using parametric and nonparametric methods.
4. To get familiarity with statistical quality control techniques.

Course Contents:
Mid –Term : 40
1. A Survey of Probability Concept: Introduction-Meaning of Probability-
Approaches to Assigning Probabilities-Rules for Computing Probabilities-
Contingency Tables-Tree Diagrams-Bayes’ Theorem-Principles of Counting.

2. Probability Distribution:
a) Discrete Probability Distributions: Random variable-The Mean, Variance
and Standard Deviation of a Probability distribution-Binomial Probability
Distribution-Poisson Probability distribution.
b) Continuous Probability Distributions: The Family of Normal Probability
Distributions-The standard normal distribution-Finding areas under the
normal curve-The normal approximation to the binomial.
3. Census and Sampling: Advantages and Disadvantages of Sampling over
Complete Counting-Different Types of Sampling- methods of selecting samples
Social Surveys-Planning -Published Statistics in Bangladesh.

4. Sampling Distributions: Sampling the population-Probability sampling


methods-Sampling error-Sampling distribution of the sample means-The central
limit theorem-Point estimates and confidence intervals-Confidence interval for a
population proportion-Choosing an appropriate sample size.

Final –Term : 40
5. Parametric Tests:

Procedure of Testing Hypothesis-Null Hypothesis- Alternative Hypothesis- Type I


and Type II Errors-Level of Significance-Degree of Freedom-One Tailed and Two
Tailed Tests-Power of Test-Tests About Mean-Tests about the Difference between
Two Means-Tests about the Difference between Two Means with Dependent
Samples-Tests about the Correlation Co-efficient-Tests of Equality of Two
Variances-Tests for proportion.

6. Nonparametric Tests:

Chi-square test- Limitations of Chi-square-Contingency Table Analysis-


Goodness-of-Fit Test-Independents of attributes-Sign test-Wilcoxon Singed-rank
test-Kruskal-Wallis Test: Analysis of Variance by Rank

7. Analysis of Variance:

Assumption in Analysis of Variance-Computation of Analysis of Variance-One


way and Two way Classification.

8. Statistical Quality Control:


Types of Control Charts- X- Charts-R-Chart-C-Chart-P-Chart-Benefits and
Limitations of Statistical Quality Control- Sampling Inspection plan.

A.
Basic Texts:

1. Lind, Marchal & Walthen-Statistical Techniques in Business and Economics

Reference Books:

1. Lind, Mason, & Marchal- Basic Statistics for Business and Economics.
2. Richard Levin & David S. Rubin, Statistics for Management.

===============================================
Course Code: AIS 202
Course Title: Theory & Practice of Taxation
Marks: 100; Credit: 3.00 hours

Course Objectives:
The objectives of the course is to acquaint the students with a knowledge of
various taxes specially income tax, value added tax & gift tax both as to
principles & practices. This will help the students to have an overall idea as
to above mentioned taxes.
Course Contents:
Mid –Term : 40
1. Introduction: Definition & character tics of Tax – Principles of Taxation - Kinds
of taxes in Bangladesh.
2. Income Tax- Definition & Characteristics of Income – classification of income –
Non- assessable, tax credit & tax free income- Role of income tax in economic
development of Bangladesh.
3. Assessment : Definition – types – status – Assessment procedures- Types of
assessment.
4. Income- Tax Authorities in Bangladesh: Administrative and Judicial authorities-
Appeal, Revision.
5. Income computation under Different heads: Salary - Interest on Securities –
House Property – Agriculture – Business & Profession - Capital gain – Other
sources.
Final –Term : 40
6. Assessment of Individual : Preparation of tax return – Assessment and payment of
tax – regular, advance & tax deducted at source.
7. Tax-evasion & Avoidance : Methods & Techniques – Prevention – Offences and
Penalties.
8. Value Added Tax: Definition – Arguments for & against – Assesses – VAT
registration – Books to be maintained – Tax authorities & assessment procedure –
Computation of VAT.
9. Gift of Tax : Definition – Characterstices Assessable & non- assessable gift –
valuation of gift - Computation of gift tax.
Basic Texts:
1. GOB- Income Tax Ordinance , Value added Tax Act, Gift Tax Act & Finance
Acts SROs.
2. Monjur Morshed Mahmud & Others – Income Tax
Reference:
1. M. A. Hoque- Income tax law
2. H. L. Bhatia – Public Finance
3. Circulars & Orders Issued by NBR.
Course Code: MEC 203
Course Title : Macro-economics
Marks: 100
Credit: 3.00 hours
Course Objectives:

The main objective of this course is to introduce the business students to the
basic macroeconomic concepts and issues. Specifically, the course aims at
the following:
1. To help students understand the scope and importance of macroeconomics by way
of describing and analysis the key elements of the subject and the relevance of the
same for the business community.
2. To identify and analyze the determinants of selected macroeconomic issue such as
consumption, investment, demand etc. deemed appropriate.
3. To build simple models for analyzing the determination of aggregate output,
employment, wage rate and price level.
4. To analyze the role of the government in the economy by way of introducing the
fiscal and monetary policy tools.
5. To examine how the rest-of-the-world can effect the macroeconomic
performances of a particular country.

Course Contents:

Mid –Term : 40

1. Introduction: Concept of Macroeconomics Microeconomics Vs.


Macroeconomics-Partial Vs. General Equilibrium Analysis-Static-
Comparative State and Dynamic Analysis-Scope and Subject Matter of
Macroeconomics timeframe in Macroeconomics.
2. National Income Accounting: Measurement and Methods-Concepts of
National Income-GDP, GNP, NNP, NI, PI, DI, PPR, Problem of GDP
Measurement,- Real vs. Nominal GDP, GDP Deflator, Consumer Price
Index (CPI), Producer Price Index (PPI), Sectoral composition of national
income in Bangladesh, GDP and Human Welfare- Potential vs. actual
GDP- The Business Cycle- Output gap- Business cycle, output gap and
inflation- Understanding the business cycle and output gap in Bangladesh.
The model of the Circular Flow of Income: Goods and Money Flows
between Households and Firms-Saving-Investment-Foreign Trade-
Government Activity.
3. Theories of Income and Employment: Classical Theory of Income and
Employment-Keynesian Theory of Income and Employment-Effective
Demand-Aggregate Demand and Aggregate Supply-Saving and
Investment, Multiplier.
4. Consumption and Consumer Expenditure: Consumption Function-
Short-run and Long-run-Overview of the Theories of Consumption-
Absolute Income-Life Cycle-Relative Income-Permanent Income
Hypothesis.

5. Investment Demand: Meaning of Investment-Determinant of Investment-


Marginal Efficiency of Investment-Accelerator Principle-Interaction
between Multiplier and Accelerator of Investment-Theory of Business
Cycle.
Final –Term : 40

6. Demand and Supply of Money: Demand for Money-The Quantity


Theory of Money-Fisher’s Vs. Cambridge version-Keynesian Theory of
Money-The Modern Quantity Theory of Money-Supply of Money-The
Instruments of Monetary Policy-The Mechanism of Monetary Expansion-
The Determinants of Money Supply.

7. Goods and Money Market: Good Market Equilibrium-The Derivation of


the IS Curve-Money Market-Equilibrium-The Derivation of LM Curve-
Simultaneous Equilibrium of the Goods and Money Market-Monetary and
Fiscal Policies for Stabilization Purpose. The Open Economy
Macroeconomics: The International Flows of Capital and Goods,
Exchange Rates. The Purchasing Power Parity.

8. Inflation: Cause and Effects-Theories of Inflation-Anti Inflationary


Measure.

9. Unemployment: Meaning and Measurement-Cost and Causes-Alternative


Policy Measures-Unemployment in Bangladesh.

10. The Labor Market : Alternative definitions of labour and employment-


Nominal vs. real wage rate-The demand for labour-MPPL and APPL-The
demand for labor curve-The supply of labor-income and substation
effects-Net demand and net supplier of labor-Labor market equilibrium-
Comparative state analysis: the effect of (a) change in non-labor income
(b) permanent/temporary change in MPPL (c) change in interest rates and
(d) change in government spending and taxes on labor market equilibrium-
Sticky Wages-Reasons for sticky wages: Minimum wage laws-Efficiency
wages-The trade union pressure.

11. Economic Growth: Determinants of Economic Growth: Theories of


Economic Growth: The Solow Model. The Harrod-Domar Model and The
Endogenous Growth Theory.
Basic Texts:

1. R. Dornbusch, S. Fisher and R. Startz-Macroeconomics (8th edition).


2. N. Gregory Mankiw-Macroeconomics (4th edition).
3. H.L. Ahuja, Macroeconomics-Theory and practice Current edition.

References:
1. Richard G. Lipsey and K. A. Chrystal-Principles of economics, 9 th edition, Oxford
University Press.
2. W.J. Baumol and A.S. Blinder-Macroeconomics-Principles and Policy (7th ed.).
3. Oliver Blanchard, Principles of Macroeconomics.
4. W.H. Branson-Macroeconomic Theory and Policy (3rd edition).
Course Code: MGS 204
Course Title: Business Laws
Marks: 100; Credit: 3.00 hours

Course Objectives :

This course aims at improving the understanding of students in business decisions affected by
legal framework of the national and international context. The course has been designed to
provide specific knowledge on law of contract, Companies Act, Labor codes, Negotiable
Instruments and sale of goods.

Course Contents:
Mid –Term : 40
1. Introduction: Defining and understanding of law - Society and law – Rule of law –
Commercial law or mercantile law- Sources of law.
2. Principles of law of contract: Essential elements of contract – offer and acceptance –
void and voidable agreements – Free consent – Bailment & Pledge- Law of agency -
Performance of contract – Termination or discharge of contracts.
3. Company’s Act, 1994
(i) Formation : Definition of Company – Types of Company – Private limited company
and public limited company – Formation of company – Preparing memorandum of
association and Articles of Association- Prospectus.
(ii) Management and Administration – Directors – Secretary – Meeting and Resolutions
– Accounts and audit.
(iii) Winding up: Winding up of companies – compulsory winding up by the court –
voluntary winding up by the members themselves and Voluntary winding up by the
creditors – voluntary winding up under the supervision of the court.

Final –Term : 40
4. The Bangladesh Labor Act , 2006
(i) A brief overview of labor law & Bangladesh labor code-2006
(ii) Health and Hygiene – safety – welfare – leaves & holidays.
(iii) Trade union – CBA – ILS - Resolving industrial unrest – settlement of disputes.
(iv) Workmen’s compensation act 2006.
5. Law relating to Negotiable Instruments: Definitions of Bill of Exchange (B/E),
Promissory Note (P/N) and cheques – Acceptance and Negotiations. Rights and
Liabilities of parties – Dishonor of Negotiable Instruments.
6. Sale of Goods Act: Definition & types of goods - Goods sale & Agreement to sell –
Essential elements – Condition & warranty – Doctrine of Caveat Emptor - Transfer of
ownership – Performance of contract of sale.
7. Consumer Right Protection Act 2009
8. Law Related to Carriage
Basic Texts:

1. Workmen’s Compensation Act, 1923.


2. Bangladesh Company’s Act .
3. A.K. Sen. and I.K. Mitra – Commercial law and Industrial law - World Press Ltd,
Calcutta.
4. A.A. Khan – Bangladesh Labor and Industrial Law.

Reference Books:
1. Tejpal Sheth -Business law (Pearson Edition)
2. Bangladesh Labor Law (Code)- 2006
3. Dr. M. Jahir- Companies & Securities law.
Course Code: ITB 205
Title of the Course: Information Technology in Business
Marks – 100; Credit: 3 Hours

Course Objectives:
We are living in the information super highway. The appeal of IT can never be ignored.
Individuals to large organizations must accept this appeal for growth and development in
all levels. So the course has been designed to introduce the students to provide the basic
ideas, concepts, issues, and fundamentals of Information Technology. Moreover, this
course will contribute to prepare the students for higher IT courses in the higher
semesters or years.

Course Contents:
Mid –Term : 40
1. Introduction: Concepts of It, Information systems, The role of Information
Systems in Business, Approaches to Information Systems, Trends of IT in
Bangladesh.

2. Information Technology and IT Infrastructure: Concepts, Evolutions/Origins


of IT, Hardware Platforms and Software Platforms

3. Database Management Systems: Organizing Data in Traditional File


Environment, Database Management Systems, Capabilities of Database
Management Systems, Data Warehouse- Data Mart, Data Mining

4. Telecommunication and Networking: Networking and Communication Trends,


Computer Network, Types of Networks.

Final –Term : 40
5. E-commerce and E-business: Key Concepts of e-commerce, Types of e-
commerce, e-commerce business models, e-commerce revenue model, e-
commerce marketing, Mobile e-commerce services and applications.

6. Information Systems in Business: Business Processes and Information Systems,


Major Types of Information Systems, the Information Systems Function In
Business.
7. Strategic Information Systems: Interrelations between Organization and
Information systems, Business Level and Strategies, Achieving Competitive
advantage through Porter Five Forces Model and Value chain Model.

8. Privacy, Ethics and Security- Challenges of IT: Basic Security Concepts,


Threat to Users, Threat to Hardware, Threats to Data and taking protective
measures.

Basic Texts:

1. Kenneth C. Laudon, Jane P. Laudon, Management Information Systems:


Managing the Digital firm, 12th Edition, 2012, Prentice Hall, USA.

Reference Books:

1. Peter Norton, Introduction to Computer, 6th or Latest edition, Tata McGraw Hill,
New Delhi.
2. James O’Brien, Management Information Systems in the networked Enterprise,
McGraw Hill India.
Course No. MGS 206
Course Title: Advanced Management
Marks: 100, Credit: 3 Hours

Course Objectives:
This course aims at disseminating advanced knowledge on selected
specialized topics concerned with management. It intends to highlight
contemporary management issues like organizational culture, managing in a
global environment, social responsibility and management ethics, strategic
management, managing human resources, managing change and innovation,
managing operations, managing information technology, and global,
comparative, and quality management.

Course Contents:
Mid –Term : 40

1.Organizational Culture and Environment: What is organizational culture?


Where culture comes from and how it continues? Current organizational culture
issues, the environment.

2. Managing in a Global Environment: Understanding the global environment,


Doing business globally, Managing in a global environment, Global management
in today’s world.

3. Social Responsibility and Managerial Ethics: What is Social responsibility?


From Obligations to Responsiveness to Responsibility, Should Organizations be
Socially Responsible? Green Management, Managers and Ethical behavior,
Encouraging Ethical Behavior, Social Responsibility and Ethical Issues in Today’s
World.

4. Strategic Management: What is strategic management? The strategic


management process, Corporate strategies, Competitive strategies, Current
strategic management issues.

5. Managing Human Resources: The human resource management process,


Identifying and selecting competent employees, Providing employees with needed
skills and knowledge, Retaining competent, high-performing employees,
Contemporary issues in managing human resources.
Final –Term : 40

6. Managing Change and Innovation: The change process, Types of organizational


change, Managing resistance to change, Contemporary issues in managing
change, Stimulating innovation.

7. Managing Operations: The role of operations management, What is value chain


management and why is it important? Managing operations by using value chain
management, Current issues in managing operations.

8. Managing Information and Information Technology: Information and the


manager, Types of information systems, Managing information systems, The
impact of information systems on organizations.

9. Global, Comparative, and Quality Management: International management


and multinational corporations, Country alliances and economic blocs,
International management: cultural and country differences, Porter’s competitive
advantage of nations, Going a global competitive advantage through quality
management.

10. Case study on Management Issues.

Basic Text :
Stephen P. Robbins, Mary Coulter, and Neharika Vohra, Management (Current Edition),
PEARSON, India.

References :

3. Ricky W. Griffin, Management: Principles and Applications, (Current Edition),


CENGAGE Learning, India.
4. Heinz Weihrich, Mary V Cannice, and Harload Koontz; Management: A Global
and Entrepreneurial Perspective, (Current Edition), Tata McGraw Hill Education
Private Limited, India.
Course Code – MKT 207
Course Title: Marketing Management
Marks: 100
Credit: 3.00 hours

Course Objectives:
This course on Marketing Management is a case study supported by lecture
based course that is designed to provide an insight into the nature of
marketing mix and how those inter-related components can be integrated to
yield a superior value proposition for customers. Since a firm’s value
generation activity directly impacts top-line revenues, which are an outcome
of satisfied customers, it is essential that managers understand the process of
developing and managing marketing strategy. The overarching objective of
this course is to provide students with not only a conceptual understanding
of the theoretical discourse called marketing management, but also to
provide an opportunity to develop an understanding of application of these
using case studies. Therefore, the course will offer students a practical
perspective of key marketing strategies; which will acquaint them with
concepts and models that can aid in achieving a company's marketing goals.

Course Contents:
Mid –Term : 40

1. Introduction to Marketing Management: Defining marketing for the 21st century,


Core marketing concepts, Company orientation toward the marketplace, Marketing
management tasks.

2. Developing Marketing Strategies and Plan: Marketing and customer value,


Corporate and division strategic planning, Business unit strategic planning, The
nature and contents of a marketing plan.

3. Creating Customer Value and Customer Relationships: Building customer value,


satisfaction, and loyalty, Maximizing customer lifetime value, Cultivating customer
relationships.

4. Competitive Dynamics: Competitive strategies for market leaders, Other


competitive strategies, Market-Challenger strategies, Market-Follower strategies,
Market-Nicher strategies
5. New-Product Development Strategies and Product Life-cycle Strategies: New-
product development process, Managing new-product development, Product life-
cycle, Product life-cycle marketing strategies, Critique of product life-cycle concept.

Final –Term : 40

6. Developing Pricing Strategies and Programs: Understanding pricing, Setting the


price, Adapting the price, Initiating and responding to price changes.

7. Designing and Managing Integrated Marketing Channels: Channel-design


decisions, Channel-management decisions, Channel integration and systems, Channel
conflict, cooperation, and competition.

8. Advertising, Sales Promotion, and Event Marketing Strategies: Developing and


managing an advertising programs, Deciding on media and measure effectiveness,
Sales Promotion, Major decisions in sales promotion, Events and experiences.

9. Public Relations, Direct marketing and Personal Selling: Direct marketing


channels, Interactive marketing, Designing the sales force, Managing the sales force,
Personal selling, principles of personal selling.

10. Tapping into Global Markets: Deciding whether to go abroad, Deciding which
market to enter, Deciding how to enter the market, Deciding on the marketing
program, Global product strategies, Global communication strategies, Global pricing
strategies, Global distribution strategies, Deciding on the marketing Organizations.

Basic Text :

Marketing Management by Philip Kotler, Kevin Lane Keller, Abraham Koshy,


Mithileswar Jha (Latest Edition)

Reference Books :
Course Code: AIS 208
Course Title: Intermediate Accounting
Marks-100; Credit: 3.00 Hours

Course Objectives:
The main objective of this course is to acquaint the students relating to
accounting for receivables, accounting for inventories, accounting for
temporary investments, accounting for current and contingent liabilities,
accounting for fixed assets, accounting for bonds & long term notes and
owners’ equity. This course would also expose the students to the
preparation of company accounts.

Course Contents:
Mid –Term : 40
1. Accounting for Receivables: Nature and Composition of Receivables- Accounts
Receivable & Notes Receivable- Discounting- Interest and No-interest Bearing
Notes Receivable-Un-collectible Accounts Receivable-Methods of Determining Un-
collectible Accounts Receivable- Allowances for Doubtful Debts-Methods of
Accounting for Un-collectible-Recovery of Receivables Written off Earlier.

2. Accounting for Inventories: Nature o f Inventories- Classes of Inventory, Inventory


Systems- Impact of Inflation on Inventory- Inventory Costing – Cost Allocation
Methods – Inventory Errors - Estimation and Valuation Procedures of Inventories –
Gross Profit Method – Retail Inventory Method, FIFO, Average Cost – Recording
Inventory – Presentation of Inventories in the Financial Statement – and IAS 2 :
Inventories.

3. Accounting for Temporary Investments: Nature of Temporary Investments-


Accounting
for Changes in Market Value-Marketable Equity and Debt Securities- Disposition of
Marketable Securities- Disclosure of Marketable securities in Financial Statements.

4. Accounting for properties plant and Equipment:


Acquisition,Utilization&Retirement: Categories of Fixed Assets – Determining Cost
of Fixed Assets – Disposal of Fixed Assets – Gains and Losses from Disposal –
Depreciation and Its Methods – Causes and Objects of Depreciation –
Depreciation & Valuation – Depreciation & Cash flow, Depletion of Resources.
Accounting for intangibles assets–Valuation and Amortization of Intangibles
Presentation and disclosure of Fixed Assets in the Financial Statements, IAS: 16
Property, plant and Equipment.
Final –Term : 40
5. Accounting for Current and Contingent Liabilities: Definition – Classification and
measurement of liabilities – Accounting for current liabilities: Notes payable, Accounts
payable, liability for payroll, unearned revenue, current maturity of long- term Debt –
Contingent liabilities and its state of circumstances- Measurement, Presentation and
disclosure of current and contingent liabilities in the financial statements- IAS
37: Provisions, contingent liabilities and contingent Assets.
6. Accounting for Long term Liabilities: Nature and types of Bonds – Bond Issuance
– Bond Trading –Accounting for Bond Issues, - Accounting for Bond Retirements –
Accounting for other long-term Notes payable – Valuation of Bonds and long term Notes
– Reporting of Bonds and long-term Notes on t he Financial Statements.
7. Owners’ Equity: Capital Stock, Retained Earnings and Dividend: Nature and
classifications of capital stock- Accounting for common stock issues – Accounting for
Treasury stock- Preferred Stock, Stock Right and Options – Factors affecting retained
earnings, Statement of retained earnings, Addition to or deductions from owners’
equity- Types of dividend- Accounting for cash dividend, Recording Stock
dividend and Stock splits- Stockholders’ Equity Presentation.
8. Preparation of Financial Statements for Companies: Definition, Nature, objectives
and component of financial statements- Statement of Comprehensive Income -
Retained Earnings- Changes in equity, Statement of Financial Position –
Disclosure, interpretation, and requirements as to Statement of Financial
Position and Statement of Comprehensive Income as explained in part I, port
II and Part III in Schedule XI of Companies Act, 1994, - Requirements as to
Statement of Financial Position, Statement of Comprehensive Income, cash flow
statement and interpretation as explained in Rule 12(2) and schedule- Parts I Part II
Part III and Part IV of the securities and Exchange Rule, 1987 – IAS 1 : Presentation
of Financial Statements and IFRS – 9.

Basic Texts:
1. Weygandt, Kieso and Kimmel, Intermediate Accounting
2. Smith and Skousen, Intermediate Accounting.

Reference Books:
1. R. H. Hermanson, J E. Edwards a n d M. W. Maher, Accounting Principles.
2. Horngren, Herison and Bamber, Accounting.
3. P. E. Fess & C. R. Nisowonger, Accounting Principles.
4. Companies Act, 1994
5. Securities & Exchange Rules, 1987
6. IAS/ IFRS Issued by International Accounting Standards Board, IASB.
Course Code: FIN 209
Course Title: Financial Management
Marks: 100; Credit: 3.00 hours

Course Objective:
This course provides understanding of the finance function and
responsibilities of the financial manager. This course also develops concepts
and tools for use in effective investment and financial decision making and
problem solving. This course covers risk return analysis, cost of capital,
capital structure, leverage, capital budgeting decisions, dividend policy.

Course Contents:
Mid –Term : 40

1. An Overview of Financial Management: Sources of Financing; Financial goals


of the organization; Financial management Decisions; Agency Relationships and
Agency Conflicts; Scope of Financial Management.
2. Risk and Returns: Definition and Types of Return and Risk; Measurement of
Returns and Risk; Adjusted Rate of Return; Portfolio Return and Risk; The
Relationship between Risk and Rate of Return; CAPM; Security Market Line;
Capital Market Line.

3. Cost of Capital: Definition of Cost Capital; Cost of Specific Sources of


Financing – Debt, Preference Capital, Retained Earnings, Newly Issued Common
Shares of External Equity- Weighted Average Cost of Capital (WACC) - Marginal
Cost of Capital (MCC)- Combining MCC and Investment Opportunity Schedule.

4. Leverage and Capital Structure: Concept and types of Leverage; Measurement


of Leverage; Impacts of Leverage. Concept of Capital Structure; Capital Structure
Theories, Optimal Capital Structure; Determination of Optional Capital Structure.
EBIT-EPS analysis. (Ref: Gitman).
Final –Term : 40

5. Capital Budgeting Decisions: Concept and Importance of Capital Budgeting,


Steps in Capital Budgeting; Project Classifications; Cash Flow Estimation;
Identifying the Relevant Cash Flows; Capital Budgeting/Projects Evaluation;
Capital Budgeting Evaluation Techniques; Capital Rationing; Uncertainty in
Capital Budgeting.

6. Financial Statement Analysis: Financial Statement and Reports; Analysis of


Cash Flows; Tools of Financial Analysis; Ratio Analysis; Use and Limitations of
Ratio Analysis.

7. Dividend Policy: Basics of Dividend and Dividend Policy; The Mechanics of


Dividend Policy; Types of Dividend Policy; Theories of Dividend Policy; Factors
Influencing Dividend Policy; Stock Dividend, Stock Repurchase and Stock Split.
(Ref: Gitman)

8. Financial Management Practice in Bangladesh: Goals and Objectives of


Financial Management of Public and Private Sector Enterprises – Technique of
Public Financial Management- Organizations and Management Structures –
Control Measures – Problems and Prospects. Case Studies.

Basic Text:
1. Eugene F. Brigham: Fundamentals of Financial Management.
2. Lawrence J. Gitman and Chad J. Zutter: Principles of Managerial Finance (13th
edition), Prentice Hall

Reference Books:
Course Code: BMT 210
Course Title: Business Mathematics - II
Marks: 100
Credit: 3.00 hours

Course Objectives:

The main objective of this course is to build up the mathematical knowledge


of the students related to business decision making, moreover this course
will provide an understanding of basic mathematical concepts and their
application in the field of business. After completing this course the students
will be able to take concrete decision about those problems while they face
in day to day business operations.

Course Contents:
Mid-Term: 40

1. Introduction : Mathematics and Decision Making, Model Development,


Model Solution and Interpretation of Mathematical Model.
2. Matrix and Determinant: Definition of a matrix, Types of matrices, Matrix
operations, Input and Output analysis, Definition of determinant, Types and
properties of a determinant, Expansion of a determinant, Business Application.
3. Multivariate Calculus: Functions of Several Variables, Partial Derivatives,
Chain rule and total derivative Second-Order Partial Derivatives, Implicit
Partial Derivatives-Extrema for Multivariate Functions-Constraint Optimization
and Lagrange Multipliers.

Final-Term: 40

4. Integral Calculus: The Relationship between Integral and Differential Calculus,


Rules of Integral Calculus, Fundamental Theorem of Integral Calculus, Definite
Integral, Application of Integral Calculus, Determination of consumers surplus
and Producers surplus, The Definite Integral as a measure of Total Change Big M
Simplex Method, Two Phase Method.
5. Linear Programming: Definition, General Linear Programming, Formulating a
LPP Advantage and limitation, Basic Feasible Solution, Convex Combination,
Optimal Solution; Slack, Surplus and Artificial Variable, Solution of Linear
Programming Problem (LPP), Graphical Method, Simplex Method, Duality
Theorem, Concept of Duality Standard Form of Primal and Dual, Dual
Formulation, Solution of Dual Problems by solving the Primal and Vice Versa,
Economic Interpretation of Dual Problems.

Basic Texts:
1. Ann. J. Hughes, Applied Mathematics: For Business, Economics, and the Social
Sciences.
2. Robert L. Childress, Mathematics for Managerial Decisions.

Reference Books:
1. P.M. Karak, Linear Programming and Theory of Games.
2. E. Bourch, Mathematics with Application in Management and Economics.
Course Code: BCM 301
Course Title: Business Communication
Marks: 100
Credit: 3.00 hours

Course Objectives:

After the completion of this course, learners would be able to use effective
communication techniques to manage business dealings professionally.
Learners will get acquainted with different aspects/ mechanisms of
communication. Learners are expected to develop mastery over a good stock
of business vocabularies and their usage in different business contexts. They
will learn the pragmatics of language as well.

Course Contents:
Mid-Term: 40
1. Communication Foundations: Definition of communication- Understanding business
communication- Communication Process- Elements of communication- Levels/ hierarchy of
communication- Language and culture.
2. Types of Communication: Oral communication- Written communication- Aerial
communication- Visual communication- Audio-visual communication- Gesture
3. Patterns of Communication: Horizontal and vertical communication- Upward and downward
communication- Formal and informal communication- Mass communication- Barriers to
communication- Ways to improvise communication
4. Organizing and Dictating Messages: Using words, phrases, punctuations- Organizing and
composing sentences and paragraphs.
Final-Term: 40
5. Creating Goodwill through Written Messages: You-attitude- Positive emphasis- Reader’s
benefits
6. Communication through Letters: Enquiry letters- Order letters- Complaint letters- Claim
letters- Regret and apology letters- Reference letters
7. Communication through Memorandum and Reports:
8. Communication through E-mail:
9. Communication in the Business Enterprises of Bangladesh.
Basic Texts:
1. Thill, J. V. and Bovee, C. L., Excellence in Business Communication, 3rd Ed., McGraw
Hill Inc, New York, 96
2. Pal, R. & Korlahali, J. S., Essentials of Business Communication, Sultan Chand & Sons,
New Delhi
Reference Books:
1. Taylor, S., Model Business Letters, E-mails, 6th Ed., Pearson Education, Delhi, 2006
2. Bovee, C. L., Thill, J. V., and Schatzman, B. E., Business Communication Today, 7th Ed.,
Pearson Education, Singapore, 2004
Course Code: FIN 302
Course Title: Fundamentals of Banking
Marks: 100; Credit: 3.00 hours

Course Objective:

This course is designed to introduce to students different aspects of


commercial banks and central banks and to understand the evolving
regulatory dynamics in banking activities in Bangladesh and to develop
students’ knowledge of the structure, functions and operation of the
monetary and banking systems in Bangladesh.

Course Contents:
Mid-Term: 40

1.Introduction: Concept and Types of Bank; History of Banking, Banking Structure; Banking Systems,
Banking systems in Bangladesh.

Commercial Banking:
2.Overview of Commercial Banks: Definition and Functions; Types of Commercial Banks;
Functions and services of Commercial Banks, Roles of Commercial Banks, Trends affecting
Commercial Banks.

3.Bank Funds: Sources and Uses of funds of Banks; Income and Expenditures of Banks; Banks
Profitability.

4.Banker-Customer Relationship: Meaning of Banker and Customer-General Relationship


Between Banker and Customer- Right and Duties of Banker- Obligation for Maintaining Secrecy
of Customer’s Account.

5.Loans and Advances: Forms of Bank Credit- Secured and Unsecured Advances- Discounts
and Advances- Overdrafts- Cash Credit- Term Lending- Credit Analysis, Mode of Charging
Securities, Credit Performance.
Final-Term: 40
6.Foreign Exchange Operation: Foreign Exchange Management-Determination of Rate-
Regulation in Bangladesh.

7.Islamic Banking: Concept and Principles of Islamic Banks. Modes of Investment of Islamic
Banking. Prospects and Challenges of Islamic Banking. Islamic Banking in Bangladesh.
8.Central Banking: Concept, Nature and Functions of Central Bank; Roles of Central Bank;
Technique of Monetary Management; General Instruments of Money Control-Selective
Instrument of Money Control, Central Bank and Monetary Management in Bangladesh.

9.Contemporary Issues in Banking: E-Banking, M-Banking, Green Banking, Off-Shore


Banking, Money Laundering, BASEL Agreement, Camels Rating and other Bank Related Issues.

10.Banking Acts and Regulations: Acts Related to Capital, Credit, Management, Money
Laundering, Reserves etc.

Basic Texts:
1. Shekhar: Banking Theory and Practice
2. Dr. A. R. Khan - Bank Fund Management
3. Peter Rose - Commercial Banking
4. Islamic Banking: Prof. A. Mannan Chowdhury

Reference Books:
Course No. MGS 303
Course Title: Organizational Behavior
Marks: 100; Credit: 3 Hours

Course Objective:
This course focuses on the foundation of individual and group behavior at
work. Special emphasis is given on psychological roots, causes and
consequences of Human behavior in organizations. Major topics include
dynamics of individual and group behavior, motivation, organizational
culture, interpersonal relations and conflict management.

Course Contents:
Mid-Term: 40
1: Introduction:
Concept of OB: The importance of Interpersonal Skills; What managers do;
Enter Organizational Behavior (OB); Complementing Intuition with
Systematic Study; Disciplines That Contribute to the OB Field; There are
few absolutes in OB; Challenges and Opportunities for OB; Coming
attractions: Developing an OB Model; Global Implications.

2: Diversity in Organizations:
Diversity; Biographical Characteristics; Ability; Implementing Diversity Management
Strategies; Global Implications.

3: Attitudes and Job Satisfaction:


Attitudes; Main components of Attitudes; Major job attitudes; Job Satisfaction;
Measuring job satisfaction; Global Implications

4: Emotions and Modes:


What are Emotions and Moods; Emotional Labor; Affective Events Theory; Emotional
Intelligence; OB Applications of Emotions and Moods; Global Implications.

5: Personality and Values:


What is Personality; The Myers-Briggs Type Indicator; The Big Five Personality Model;
Values; The Importance of Values; Linking an Individual’s Personality and Values to the
workplace; Global implications.
6: Perception and Individual Decision Making:
What is Perception? Person Perception: Making Judgments About Others; The link
Between Perception and Individual Decision Making; Decision Making in Organizations;
Influences on Decision Making: Individual Differences and Organizational Constraints;
What about Ethics in Decision Making; Global Implications.

Final-Term: 40
7: Motivation: From Concepts to Applications:
Motivation by Job Design: The Job Characteristics Model; Employee Involvement; Using
Rewards to Motivate Employees; Global Implications.

8: Foundations of Group Behavior:


Defining and classifying groups, Stages of group development, Group properties, Group
decision making, and Global implications.

9: Understanding Work Teams:


Why have teams become so popular? Differences between groups and teams, Types of
teams, creating effective teams, Turning individuals into team players, Global
implications.

10: Power and Politics:


Definition of power, Contrasting leadership and power, Bases of Power, Dependency the
key to Power, Power Tactics, Sexual Harassment, Politics, Causes and Consequences of
Political Behavior, the Ethics of Behaving Politically, Global Implications.

11: Conflict and Negotiations:


Definition of Conflict, |Transitions in Conflict Thought, Conflict Process, Negotiation,
global Implications.

12: Organizational Change and Stress Management:


Factors for Change, Planned Change, Resistance to Change, Approaches to Managing
Organizational Change, Creating a Culture for Change, Work Stress and Its Management,
Global Implications.

Basic Text:
S.P. Robbins, Organizational Behavior (Current Edition)
Reference: Books:
1. Keith Davis and John New From, Human Behavior at work : Organizational
Behavior
2. Fred Luthans : Organizational Behavior
3. J.M. Ivancevich, R. Konopasake , and M.T. Metes, Organizaitonal Behavior and
management. McGraw Hill- (Current Edition)
4. A.A. Arif and M.A. Taher: Organizational Behavior
5. Joseph Reitz: Behavior in Organization.
Course Code: MEC 304
Course Title: Economic Development of Bangladesh
Marks: 100; Credit: 3.00 hours

Course Objective:
The business environment is intimately related to the overall performance of
an economy. The primary objective of this course is to familiarize the
business students with the state of the Bangladesh economy in term of the
following:
i) The performance of the Bangladesh economy as judged by
economic growth and development
ii) The human welfare aspect of the citizens of Bangladesh as
indicated by the extent of poverty and inequality.
iii) The development strategies of Bangladesh.
iv) The external dependence of the Bangladesh economy as
indicated by its global integration as well as the foreign aid
regime.
v) As a prelude to the above objectives the course discusses the
indicators of development, the path to economic growth and
development as contained in leading development models.

Course Contents:
Mid-Term: 40
1. Introduction: Emergence of Bangladesh, Topography- Climate, Econo9mic Sector
Highlights: Agriculture, Industry, Forestry, Energy, Minerals, Transport and
Communication.

2. Nature of Development and Underdevelopment: Meaning of Economic


Development- Growth vs. Development- Economic Development vs. Welfare-
Developing Countries: Conceptual Issues – Measurement of Economic Development –
Alternative Measures of Economic Development – PQLI and HDI- Determinants of
Development: Lessons for the LDCs from the Late Developers (Japan, Germany and the
East Asian Countries).

3. Theories of Development: An overview of the General Theories of


Development- Classical Views leading theories Schumpeter, Rostow, Mars, Neo-classical
theories.

4. Dualistic Development: The Conceptual Issues: Social, Cultural and Political


Dualism- Labor Surplus Economy and Choice of Techniques- Lewis Model.
Final-Term: 40
5. Basic Issues of Economic Development of Bangladesh: Poverty, Balance
of Payment, Role of Donors and International Agencies, NGO Activities, Micro Credit
Programs, Add: Income Inequality- Unemployment- Inflation- Environment.

6. Development Strategies of Bangladesh: Goals and objectives of Five Year


Plans and PRSP, Policies and Strategies relevant to agriculture, The Global Integration of
the Bangladesh Economy- Technology Transfers- Women and development.

7. Foreign Aid and Foreign Investment: Types of Foreign aid, Perception


Donors and Recipient Countries, Flow of Foreign aid to Bangladesh Foreign Direct
Investment (FDI), Impact of FDI, Merits and demerits- MNCs- Positive and Negative
effect.

8. Planning in Bangladesh: Concept of Planning, Need for Planning, Arguments for


and against planning, Rationale of Planning, Planning under different Economic systems,
Planning by directive and inducement, Financial and Physical Planning, Perspective
planning, Macro, micro and local level planning, Participatory planning. History and
experience of planning in Bangladesh, planning process in Bangladesh, Annual and Five-
Year Plans, Planning strategy.

9. Financial Administration of GOB :

Basic Test:
Michael P. Todaro-Economic Development in the Third World, 7th ed., Longman.

Reference Books:
1. Debraj Ray, Development Economics, Princeton University Press, 1998.
2. G.M. Meier, Leading Issues in Economic Development, 7th ed.
3. M. Gillis et al., Economics of development, 2nd ed., W.W. Norton, 1985.
4. S. Ghatak, An Introduction to Development Economics, 2 nd ed., Allen and Unwin,
1986.
5. R. L. Meier, Development Planning, McGraw Hill, 1995.
6. M. P. Todaro, Development planning: Models and Methods, Oxford University Press,
1971.
7. M. L. Jhingan, The Economics of Development and Planning, 30th Edition, Konark,
New Delhi.
8. Akthar Hossain, The Economics of Development and Planning, 30th Edition, Konark,
New Delhi.
9. CPD (Centre for Policy Dialogue), Various Publication.
Course Code: FIN 305
Course Title: Risk Management and Insurance
Marks: 100, Credit: 3.00 hours

Course Objective:
Risk Management and Insurance is a core course of business administration
discipline of University of Chittagong. It is designed to provide an
introduction to the basic principles of risk and insurance prevalent in
financial decision making.
II. To acquaint students with the basic knowledge of the principles of risk
and insurance and the methods of risk management found in strategic
planning.
III. To provide students with a basic knowledge of property/liability,
automobile, life and health insurance.
IV. To help students develop a sound personal insurance program for
meeting the major risks in our society.
V. To give students some basic principles of insurance buying, with a
emphasis on how to develop a strong insurance and financial estate planning
program.
VI. To reiterate the concepts of risk and return as it relates to individual
and corporate decision making.
VII. To offer a systematic framework for analyzing any insurance contract.
VIII. To learn about the ethical issues facing business and an appreciation
of the framework for making ethical decisions.

Course Contents:
Mid-Term: 40
1. Theoretical Aspects of Risk Management: Risk-Definition, Different Types of
Risk Facing Businesses and Individuals; Risk Management-, The Risk Process and
Methods , and Business Risk Management Organization.
2. Scope and Objective of Risk Management: The Need for a Risk Management
Objective, Understanding the Costs of Risk, Firm Value Maximization and the Cost
of Risk, Individual Risk Management and the Cost of Risk, and Risk Management &
Societal Welfare.
3. Building up an Effective Risk Management Programme: Deciding the
Programme Objectives- Pre and Post Loss Objectives; Defining Role, Functions and
Duties of a Risk Manager; Risk Management Policy; Objectives & Implementation
Strategies; Risks Profiling & Risk Audits; Organizing & Putting the Programme in
place; and Controlling & Formulating Rrisk Management Policy
4. Risk Identification and Measurement: Risk Identification; Basic Concepts from
Probability and Statistics; and Evaluating the Frequency & Severity of Losses.

5. Risk Management by Individuals and Corporations: Risk Aversion and


Demand for Insurance by Individuals- The Effects of Insurance on Wealth, Risk
Aversion, Other Factors Affecting an Individual’s Demand for Insurance; and
Business Risk Management and Demand for Insurance-Shareholder Diversification,
Closely Held Businesses, Why Purchase Insurance When Shareholders are
Diversified?

Final-Term: 40
6. Introduction to Insurance: Meaning- Nature-Scope-Role-Origin & History of
Insurance- Insurance Contract-Types & Features- Kinds of Insurance Organizations-
Structure of the Insurance Business- Re-insurance and Double Insurance- Principal. Systemic
Risk for Insurers – Mortality, Morbidity, Longevity, Catastrophes and Inflation
7. Life Insurance: Meaning- Importance – Kinds of Life Policies- Procedure of Effecting
Life Insurance Terms and Conditions in the Assignment of Life Policies- Claims and
Settlement Procedure- Annuities – Surrenders and Claims- Premiums and their Calculation –
Profit and Distribution of Bonus.
8. Fire Insurance: Meaning-Principles, Elements of Contract-Classification of Fire
Insurance Policies-Policy Conditions-Determination of Premium-Fire Claims and Settlement-
Re-insurance-Tariff and Borrowing-Factors Affecting Premium Calculation.
9. Marine Insurance: Meaning-subject Matter-Importance- Marine Insurance Contract-
Types of Marine Policies-Policy conditions-Marine Insurance Clauses-Marine Losses-Claims
and their Settlement- Salvage and Borrowing- Factors Affecting Premium Calculation.
10. Insurance in Bangladesh: Organization and Functions of Jiban Bima Corporation and
Sadharan Bima Corporation-Role of Private Insurance Companies-Laws & Regulation
Influencing Insurance Business of Bangladesh; and Problems & Prospects of Insurance
Business in Bangladesh.

Basic Texts:

1. Harrington Niehaus - Risk Management & Insurance (2nd Edition)


2. F. Godwin, Principles and Practices of Fire Insurance.
3. Templeman, Principles and Practice of Marine Insurance.
4. Magee, General Insurance.
5. Risk Management and Insurance By- Trieschmamm- Hoyd Sommer
Publisher- Thomsom South West 12th Edition.
Reference Books:

1. GOB, Insurance Act, 1938.


2. GOB, Laws Relevant of Insurance, Rules & Regulations Issued From
Time to Time.
3. Publications of Jiban Bima Corporation & Sadharan Bima
Corporation.
4. Shahiduddin Ahmed, Insurance Business in Bangladesh.

Professor Dr. Jahangir Alam


Dean
Faculty of Business Administration
University of Chittagong
2015

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