Business Environment Course Code: No of hours : 33 Course Objective: The main purpose of this paper is to educate the students

about the broad Economic Environment, its contents and the Indian Economic scenario in the Global Picture. The course illustrates a wider picture of the Indian Business Environment, Role of Government, state of Indian Economy with a view that conducting business is exciting, challenging and globally oriented. Course Contents: Module 1: Introduction to Business Environment Concept of Business Environment Basic Indicators and factors Module 2: Business Planning Environment in India Process of Planning Indias five year Plans Business Policies and Reforms Trade & Foreign Exchange Policy Foreign Investment & Technology Policy Fiscal & Monetary Policy Module 3: Globalization and trends in Management System Introduction, definition and explanation of globalization Drivers of Globalization Managing in Global Marketplace Strategies for going global Different Entry Modes Strategic Alliances Need & Components of Foreign Capital FDI and FII inflow in India: Trends & Pattern Advantages & Disadvantages of Foreign Investment Inflows Multinationals in India 2 Hrs MGBGM 10201 Credit Units: 03

6 Hrs

7 Hrs

Module 4: The, Political, Legal and Economic environment facing Global Business The Political and Legal Environment The Political system and its functions Impact of Political system on management decision Formulating legal & political strategies in International Business 4 Hrs

The Economic Environment Facing Global Business Classifying Economic System Key Macroeconomic issues Adapting to Foreign Economic System Module 5: Corporate Governance The concept of Corporate Governance Leading Indicators of Corporate Governance Norms in India: Kumar Manglam Birla Committee Report Naresh Chandra Committee Report Module 6: Stock Exchange and its regulations Dealings on Stock Exchanges Organization of Stock Exchange in India National Stock Exchange of India SEBI- Capital market reforms and developments Current Development Teaching and Learning Methods

4 Hrs

4 Hrs

4 Hrs

2 hrs

Tutorials, Interactive sessions, Case studies, Field visits, Management games. The course is covered by adopting a combination of lecture methods, class presentation by groups of students, self study sessions. Each student is required to do the back ground reading from the specified chapters of the prescribed book before coming to class. Cases are also to be analyzed, discussed in groups (teams) outside the class as preparatory work. Examination Scheme: Components Weightage (%) Text & References: Text: Francis Cherulinum; Business Environment, Text & Cases, Latest Edition, Himalaya Publishing House References: Economic Environment of Business, Millennium Edition , Himalaya Publishing House, S.K. Mishra & V.K. Puri Bedi Suresh, Business Environment, 1st Edition 2004, Excel Books, Fabozzi, Frank J, Foundation of Financial markets and institutions, 3rd Edition, Tata McGraw Hill New Delhi 2006 P1 10 CI 10 CT1 10 EE 70

Hodgetts Richard M. Luthans Fred (2003), International Marketing Cultural Strategy & Behaviour, Tata McGraw Hills Publishing Co. Ltd. Daniels John D., Radebaugh Lee H., Sullivan Daniel P., (2002), Globalization and Business, Prentice Hall Daily Newspaper: Business Standard, Economic Times, Business Line, The Financial Express Periodicals: The Week, Economist, Forbes, Fortune, Business World, Business Week Suggested Schedule of Session

TOPICS

NO OF SESSIONS

Introduction to Business Environment Planning Environment Five Year Plans Government Policies Trade and Forex, Fiscal, Monetary, Foreign Investment Globalization Drivers and needs FDI and FII Political and Legal Environment Economic Environment Corporate Governance Stock Exchanges Current Developments Total

2 2 4 4 3 4 4 4 4 2 33

4th Semester MBA IB ELECTIVE RISK AND INSURANCE IN INTERNATIONAL TRADE Course Code: MGBIB 20403 Credit Units: 04

Course Objectives: The course aims at making the students conversant with risk of cross border business (Trade, Investments and Long Term Projects) and the techniques available for mitigating those risks. The role of Insurers and the products and services offered by them would be gone in detail to equip the students with decisions making tools. Learning Outcomes: At the end of the course, the student will be able to: understand the concept of risk in business management learn various techniques available to assess and mitigate those risks develop strategic alternatives evaluate different kinds of risks and their impact on different areas Course Contents: Module I: Concept of Risk Concept of Risk and Objectives of Risk Management Risk Management Techniques Review Session Module II: Insurance Concept of Insurance Marine, Aviation and Transport Risks Marine Insurance Law Marine Insurance Policies major insurance clauses Principles of assessment and underwriting Claim Procedures Liability Insurance Group discussion of marine and air cargo policies issued by Indian and foreign companies Module III: Political Risk Political Risk analysis, Sovereign Risk, Country Risk, Human Development Index, Corruption Index, Ratings Trade and Investment Barriers Measures for containing Political Risk

Module IV: Credit Risk Credit Risk of Payment Procedures Credit Management and Credit Insurance Role of Export Credit Guarantee Corporation Products and Services Recovery and Claim Procedures Module V: Interest Rate Risk Importance of Interest rate risk Measurement of interest rate risk Interest rate risk management Futures, Options and Swaps Learning Methods: Tutorials, Interactive sessions, Case studies, Field visits, Management games, Extensive research projects, Seminars, Weekend experience in companies - the course is covered by adopting a combination of lecture methods, class presentation by groups of students, self study sessions. Each student is required to do the back ground reading from the specified chapters of the prescribed book before coming to class. Cases are also to be analyzed, discussed in groups (teams) outside the class as preparatory work. Examination Scheme: Components Weightage (%) P1 10 C1 10 CT1 20 EE 60

Text & References: Singh MP & Chopra VS, 2005, Risk Management in International Trade, Universal Publishers, 1st Edition Shapiro A C, 2004, Multinational Financial Management, Prentice Hall of India Jain P K, Peurard J and Yadav S, 2003, International Financial Management, Prentice Hall of India E C G C Brochures and Marine Risk Policy