CSS Business Administration Syllabus

BUSINESS ADMINISTRATION
Total Marks: 100
Time Allowed: 3 hours

I. Management

Defining Organization, Management, and Management in Organizations
Four Management Functions, Management Roles, Management Skills
Organizational Internal-External Environment
Management Planning, Goal Setting, and Decision Making
Strategic Management Process: Strategy Formulation and Implementation
Developing Organizational Structure and Design
Designing Adaptive Organizations
Managing Change and Innovation
Leadership and Motivation

II. HR Management

Role of Human Resource Management in Organizational Performance
Functions of HRM
Process and Methods of Job Analysis
Planning and Forecasting Personnel Needs
Recruitment and Selection
Training and Development
Performance Management and Appraisal: Methods and Processes
Establishing Strategic Pay Plans
Compensation and Benefits
Ethics, Justice, and Fair Treatment in HR Management
Labor Relations and Collective Bargaining

III. Financial Management

An overview of Financial Management
Introduction and significance of financial markets, Differentiation between real assets and financial assets, Types of Financial Markets, Role of capital and money markets in economic development, Organizational goals and shareholder wealth maximization perspective.
Time Value of Money
Cost of money and the factors effecting the cost, Interest rate fundamentals and determinants of market interest rate, Role of Time value of money in finance, Concept of future value and present value, Making timelines, Annuities, Perpetuities and mixed stream of cash flows, with and without growth, Present value and future value of cash flow streams, Compounding Interest; discrete and continuous, Loan amortization.
Analysis and Interpretation of Financial Statements
Reading the financial statements, Horizontal and vertical analysis including common size, ratio, comparative and index number trend analysis, Forecasting financials for future decision making, Evaluating credit, management, profitability, risk etc using financial statements.
Risk, Return and Introduction to Pricing
Measures of Risks and return, Investment return and expected rate of return, Standalone risk: standard deviation and coefficient of variation, Risk aversion and required rate of return, Portfolio risk: Diversifiable vs. Market risk, Security Market Line and CAPM, Calculating WACC, Discounting process for price determination, Relevant risk and return for valuation.
Cash flow and Budgeting
Significance of budgeting, Making cash budgets, Making financial forecasts, Difference between profit and cash flow, Read and analyze Statement of Cash flow.
Capital Budgeting
Significance of Capital budgeting, Cash flow calculations: incremental cash flows, Capital budgeting decision rules: NPV, IRR, MIRR, Return, Finding optimal capital structure, calculating appropriate discount rate, Capital Rationing.

IV. Operations and Supply Chain Management

(a) Operations Management

Operations & Productivity
Operations Management (OM) as one of the Three Core Functions in an Organization. Significance and contributions of OM in the field of management. Future trends in OM and differences between goods and services.
Operations Strategy in Global Environment
Developing mission & OM strategies, Critical Success Factors (CSF), Aligning Core Competencies with CSF.
Process Strategy
Four Process Strategies, Process Analysis and Design, Process Mapping, Flow Diagrams, Process Charts, Service process design, Process Re-engineering.
Capacity Planning
Design & Effective Capacity, Capacity Cushion, Capacity considerations, Managing demand, Capacity Planning, Leading vs Lagging Strategies, Single & Multiple Product Break Even Analysis for Capacity Planning.
Location Strategies
Factors Affecting Location Decisions, Methods for Evaluating Location Alternatives, Factor Rating Method, Load-Distance Methods, Center of Gravity Method, Service location Strategy.
Layout Strategies
Types of Layout, Layout Design, Fixed Position Layout, Process- Oriented Layouts, Office Layout, Retail Layout, Assembly Line Balancing.
Inventory Management
Role of Inventory in Operations, ABC analysis, Record accuracy, Cycle counting, Inventory Models, Fixed Period Systems, Continuous Review Systems, Basic EOQ Inventory Model, Safety Stock, Service Level.

(b) Supply Chain Management

Introduction to supply chain management and logistics management
What is supply chain management and logistics management, Objectives, Importance, Examples of supply chain management and logistics management, Decision phases in supply chains.
Supply chain performance
Achieving strategic fit, Challenges in achieving strategic fit, Supply chain cost, Supply chain quality, Supply chain lead time.
Supply chain drivers
Facilities as a driver, Inventory as a driver, Information as a driver, Transportation as a driver, Sourcing as a driver, Pricing as a driver.
Balancing supply and demand
Bullwhip effect, Demand collaboration, Information sharing in supply chains, accurate response strategy.
Supply chain coordination
Obstacles in coordination, Vendor managed inventory, Collaborative planning forecasting and replenishment, Managerial levers to achieve coordination.
IT in supply chain management
Role of IT in supply chain management, Customer relationship management, Supplier relationship management, Risk management in IT, Supply chain IT in practice.