Bhimrao Pradhan College of Arts Science and Commerce

Affiliated To University Of Mumbai

B.M.S. – Outcome

PROGRAMME NAME: BACHELOR OF MANAGEMENT STUDIES

PROGRAMME OUTCOMES
Students who complete BMS program will be able to:
• Acquire a foundational knowledge of management education and practises applicable in the current global context.
• Gain the knowledge and skills necessary to capitalise on possibilities in the field of management.
• Appreciate the interdependencies between management’s functional domains.
• Recognize the significance of multicultural, ethnic, ethical, and gender concerns to the organisation
• Exhibit professionalism, self-awareness, and strong communication abilities.
• Demonstrate the leadership ability and collaborative qualities necessary for successful group work.

COURSE OUTCOME
SEMESTER I
1. INTRODUCTION TO FINANCIAL ACCOUNTS
• Comprehend and understand the preparation of fundamental financial data, such as trading profit and loss statements and balance sheets.
• Have a fundamental understanding of Indian accounting standards.

2. BUSINESS LAW
• Appreciate the relevance of business law and the role of law in an economic, political and social framework.
• Identify the fundamental legal principles behind contractual agreements.

3. BUSINESS STATISTICS
• To familiarize the students with fundamental statistical tools which can help them in analyzing the business data.
• to provide students with hands on experience to use statistical tools in order to make scientific decisions even in uncertain business environment

4. BUSINESS COMMUNICATION I
• Understand the theory of communication, its concepts, channels and objectives
• Understand problems or barriers in communication and importance of listening skills
• Draft business correspondence like mails, letters
• Master in language and writing skills

5. FOUNDATION OF HUMAN SKILLS
• Understand the basic behaviour pattern of human, which is the most important resource of a business and to deal with them in an apt manner.
• Deal & negotiate with different kinds of human nature with greater awareness of the
• human behaviour.

6. BUSINESS ECONOMICS I
• Demonstrate knowledge and proficiency in the overall foundations of an economy as it relates to supply and demand and its impact on the domestic and world economy
• Exhibit competency in demonstrating both reasoning and analytical skills in determining optimal outcomes in contemporary economic situations.

7. FOUNDATION COURSE I
• To make students capable of understanding and studying the vibrant Indian culture classify the general characteristic of Indians
• To impart the students a thorough knowledge on social stratification based on caste, culture, religion, gender.

SEMESTER II
COURSE OUTCOME
1. PRINCIPLES OF MARKETING
• Critically Analyse the marketing theories & concepts and understand the relevance in perspective to current business scenario in India
• To develop basic marketing skills among students in order to cater to the marketing
• industries.

2. INDUSTRIAL LAW
• Know the development and the judicial setup of Labour Laws.
• Learn the salient features of welfare and wage Legislations.
• Learn the laws relating to Industrial Relations, Social Security and Working conditions.
• Understand the laws related to working conditions in different settings.

3. BUSINESS MATHEMATICS
• Demonstrate understanding of basic mathematics concepts.
• Demonstrate basic knowledge and skill in business mathematics and elementary statistics by accurately performing common business computations, statistical data presentation and analysis.

4. BUSINESS ENVIRONMENT
• Analyze the environment of a business from the legal l & regulatory, macroeconomic, cultural, political, technological and natural perspectives.
• Critically assess the business environment of an organization using selected strategic tools.
• Conduct an in-depth analysis of a specific component of the business environment and

5. PRINCIPLES OF MANAGEMENT
• Study of the basic managerial functions of planning, organizing, staffing, directing and controlling resources to accomplish organizational goals.
• Distinguish the characteristics and skills of proper management by identifying what successful managers do and how they do it.

6. BUSINESS COMMUNICATION II
• Have clear understanding of effective principles of effective presentation tools
• Get a better understanding of various aspects of business letter writing.
• Get exposure to Group discussions and various types of mock interviews.
• Be able to analyze and understand summarization of content.

7. FOUNDATION COURSE – VALUE EDUCATION AND SOFT SKILL II
• Aware about the Indian society, human rights & the environment
• Understand the meaning of stress & conflict, its effects on humans & how can we manage & overcome them

SEMESTER III
COURSE OUTCOME
1. BASICS OF FINANCIAL SERVICES (FINANCE ELECTIVE)
• Understand the operations and structure of different financial institutions
• Describe various types of insurance contracts and their uses in financial services
• Describe clients’ dispositions toward risk and identify appropriate strategies to pursue

2. CORPORATE FINANCE (FINANCE ELECTIVE)
• Understand Sources of finance in corporate
• Manage businesses with different tools and techniques.

3. CONSUMER BEHAVIOUR (MARKETING ELECTIVE)
• Develop an understanding about the consumer decision making process and its application to the marketing function of a firm

4. PRODUCT INNOVATIONS MANAGEMENT (MARKETING ELECTIVE)
• Understand the concept of innovations and relevance of innovations in the present day scenario.
• Understand the importance of protecting innovations and legal aspects related to innovations
• Study product innovations, process innovations and innovations diffusion
• Well acquainted with stages in new product development

5. RECRUITMENT & SELECTION (HUMAN RESOURCE MANAGEMENT)
• Familiarized with concepts and principles of Recruitment and Selection in an organization.
• Have in depth insight into various aspects of Human Resource management and make them acquainted with practical aspect of the subject.

6. ORGANISATION BEHAVIOUR & HRM (HUMAN RESOURCE MANAGEMENT)
• Analyze the complexities associated with management of the group behavior in the organization.
• Gain an appreciation of the relevance of the study of organizational behaviour to the practice of human resource management
• Competency to recruit, train, and appraise the performance of employees

7. BUSINESS PLANNING & ENTREPRENEURSHIP
• Understand areas of discipline of management & entrepreneurship
• Develop responsibility of full line of management function of a company with special reference to SME sector

8. INFORMATION TECHNOLOGY IN BUSINESS MANAGEMENT I
• Familiarize the basic concepts and its applications in managing business.
• Reproduce a working knowledge of concepts and terminology related to information technology in open source. appraise the knowledge previously acquired of Microsoft Office

9. ACCOUNTING FOR MANAGERIAL DECISIONS
• To acquaint management learners with basic accounting fundamentals.
• To develop financial analysis skills among learners.
• To apply or analyses various techniques to various domains concerned with accounting-based applications and solutions.

10. STRATEGIC MANAGEMENT
• Know, understand, and apply the strategic management process to analyze and improve organizational performance
• Understanding the impact of social, economic and political forces on the design, planning and implementation of organization’s policy.
• Critically examine the management of the entire enterprise from the top management viewpoints.

11. FOUNDATION COURSE III- ENVIRONMENTAL MANAGEMENT
• Identify and value the effect of the pollutants on the environment: atmosphere, water and soil.
• Provide skills and an improved understanding of how firms and organisations work with sustainability issues such as environmental and natural resource management.
• Develop an activity using various strategies to control, reduce and monitor all environmental problems that might arise as a result.

SEMESTER IV
1. AUDITING (FINANCE ELECTIVE)
• To examine the system of internal check.
• To check arithmetical accuracy of books of accounts, verifying posting, casting, balancing.
• To confirm the existence of assets & liability.

2. CORPORATE RESTRUCTURING (FINANCE ELECTIVE)
• Show case knowledge of relating to legal, accounting, & practical implication of corporate restructuring.
• Comprehend the process of internal & external restructuring of business.

3. INTEGRATED MARKETING COMMUNICATION (MARKETING)
• Understand the principles and practices of marketing communications, involving tools used by marketers to inform consumers
• Provide a managerial framework for integrated marketing communications planning

4. RURAL MARKETING (MARKETING)
• Know the agriculture & rural marketing environment so that they understand consumer & marketing characteristics
• Understand the emerging challenges in upcoming global economic scenario

5. HUMAN RESOURCE PLANNING & INFORMATION SYSTEM (HUMAN RESOURCE MANAGEMENT)
• Understand the core issues involved in human resource planning (HRP) and forecasting
• explores different factors that managers should consider while making decisions in developing their human resources plans

6. TRAINING & DEVELOPMENT IN HRM (HUMAN RESOURCE MANAGEMENT)
• To make the students acquainted with working of the two powerful media; i.e. radio and television.
• The content is useful for both advertising and journalism students in order to further their careers in their respective fields

7. INFORMATION TECHNOLOGY IN BUSINESS MANAGEMENT-II
• Analyze how information technology impacts a firm
• Interpret how to use information technology to solve business problems
• Describe the role of information technology and information systems in business

8. BUSINESS ECONOMICS II
• Understanding, through application of microeconomics, of the interaction of individuals and organizations in markets; and of the role of public policy in shaping those interactions
• Understanding, through application of macroeconomics, of the functioning of market economies at regional, national, and global levels; and of the role of public policy in shaping those interactions

9. BUSINESS RESEARCH METHODS
• To apply a range of quantitative and / or qualitative research techniques to business and management problems / issues
• To Understand and apply research approaches, techniques and strategies in the appropriate manner for managerial decision making
• To empower and develop research methods and strategies in Research projects for enhanced Career Options.
• To offer diverse learning opportunities to develop analytical and soft skills

10. FOUNDATION COURSE IV

11. ETHICS & GOVERNANCE
• To work in teams, execute task assigned and perform on time lines set
• Understand the importance and application of ethics in modern business practices.
• Through case studies, students will develop a moral and ethical perspective of looking at business problems.
• Understand emerging trends and growing importance of good governance and CSR by organizations

12. PRODUCTION & TOTAL QUALITY MANAGEMENT
• Gain basic knowledge in total quality management relevant to both manufacturing and service industry including IT sector
• Implement the basic principles of TQM in manufacturing and service-based organization.
• demonstrate the tools and techniques of quality management to manufacturing and services processes

SEMESTER V
COURSE OUTCOME
1. INVESTMENT ANALYSIS & PORTFOLIO MANAGEMENT (FINANCE)
• Understand the term, which are often confronted while reading the newspaper, magazine such as beta & capital assets pricing model for better correlation practical world.
• Calculate & Analyse concept of risk & return associated with various investments avenues.
• Understand various model & techniques of security portfolio analysis.
• Understand short term & long term investments avenues

2. WEALTH MANAGEMENT (FINANCE)
• Effectively design, manage and evaluate the performance of alternative investment portfolios in wealth management.
• Design and implement effective portfolio management strategies within the context of alternative investment requirements and risk criteria.
• Critically evaluate the effectiveness of performance evaluation techniques and apply the various approaches to the portfolio

3. RISK MANAGEMENT (FINANCE)
• Understand fundamental aspects of risk management & controls.
• Have a comprehensive overview of risk governance & assurance with respect to insurance sector.
• understand the basic concept, function, process, techniques, of risk management

4. DIRECT TAXES (FINANCE)
• To Define and Examine service concepts used by service industries and by discussing the rationale for the application.
• To provide the appropriate theories, models, and other tools to make better decisions in services.
• To formulate effective service design for both consumer and business products/services.
• To offer diverse learning opportunities to develop analytical and soft skills.

5. SERVICES MARKETING (MARKETING)
• To Define and Examine service concepts used by service industries and by discussing the rationale for the application.
• To provide the appropriate theories, models, and other tools to make better decisions in services.
• To formulate effective service design for both consumer and business products/services.
• To offer diverse learning opportunities to develop analytical and soft skills.

6. E-COMMERCE & DIGITAL MARKETING (MARKETING)
• Understand the increasing significance of e-commerce and its application in various business sectors
• Get an insight on digital marketing activities on various social media platforms and its emerging significance in business
• Understand latest trends and practices in e-commerce and digital marketing

7. STRATEGIC MARKETING MANAGEMENT (MARKETING)
• Analyse marketing opportunities and threats
• Discuss strategic concepts and theories and their application in marketing environments.
• Develop and critically assess marketing strategies
• Research and analyse marketing strategies in different contexts

8. FINANCE FOR HR PROFESSIONALS & COMPENSATION MANAGEMENT (HUMAN RESOURCE MANAGEMENT)
• Understand the various dimensions of Compensation Management used by the companies to attract, retain, motivate and to reward employee performance.
• Familiarise the role of various bodies involved in Compensation Management

9. STRATEGIC HUMAN RESOURCE MANAGEMENT & HR POLICIES (HUMAN RESOURCE MANAGEMENT)
• Integrated perspective on role of HRM in modern business.
• Ability to plan human resources and implement techniques of job design
• Ability to handle employee issues and evaluate the new trends in HRM

10. PERFORMANCE MANAGEMENT & CAREER PLANNING (HUMAN RESOURCE MANAGEMENT)
• Enhance their skills in setting clear expectations and objectively measuring individual performance using objectives and competencies as key measures
• Identify and practice some performance management strategies and techniques to enhance the performance and motivation in under-performing and high performing team members

11. INDUSTRIAL RELATIONS (HUMAN RESOURCE MANAGEMENT)
• Define labor relations, industrial relations systems, and participatory processes at work.
• Distinguish the procedure concerning worker participation and participatory institutions and instruments of trade union representation

12. LOGISTICS & SUPPLY CHAIN MANAGEMENT
• Demonstrate a clear understanding of the key concepts applied in logistics and supply chain management.
• Highlight the importance of all activities of the supply chain and an understanding of concepts like inbound and outbound logistics, offshore and inshore logistics.

13. CORPORATE COMMUNICATIONS & PUBLIC RELATIONS
• Comprehend various aspects of corporate communication
• Comprehend various aspects and theories of Public Relations
• Be able to understand various mass media laws and use of technology in CCPR

SEMESTER VI
1. OPERATION RESEARCH
• Demonstrate mathematical concepts and models for the required industry.
• Interpret and apply the results of an operations research model to an organisation.

2. INTERNATIONAL FINANCE (FINANCE)
• Gain basic knowledge of how international financial markets work
• Equip students with the ability to Analyse and make managerial decisions
• Explore methods used to manage risk in the global markets

3. INNOVATIVE FINANCIAL SERVICES (FINANCE)
• To familiarize with fundamental aspects of various issues associated with various financial services.
• To give comprehensive overview of financial services
• Emerging financial services in the light of globalization.
• To understand Basic concept , functions, process, techniques of financial services

4. PROJECT MANAGEMENT (FINANCE)
• Students will be equipped with the fundamental aspects of various issues associated with Project Management.
• Get a comprehensive overview of Project Management as a separate area of Management.
• Understand relation between project management and organizational structure.
• Evaluate the criteria for project selection
5. STRATEGIC FINANCIAL MANAGEMENT (FINANCE)
• Comprehend fundamental aspects of corporate finance management
• Have a comprehensive overview of corporate governance and assurance with respect to finance sector.
• Understand the basic concept, functions of techniques of financial management such as dividend policy, advance techniques of capital budgeting.
6. BRAND MANAGEMENT (MARKETING)
• To Define and Examine brand concepts used by Companies by discussing the rationale for the application.
• To provide the appropriate theories, models, and other tools to make better branding decisions.
• To Formulate effective branding strategies for both consumer and business products/services.
• To offer diverse learning opportunities to develop analytical and soft skills.
7. RETAIL MANAGEMENT (MARKETING)
• Familiarize students with details retail managements concepts & operations
• Aware of the various legal & ethical aspects of retail management
• Know the emerging trends in retail management
8. INTERNATIONAL MARKETING (MARKETING)
• Understand International Marketing, its Advantages and Challenges.
• Get an insight on the dynamics of International Marketing Environment.
• Understand the relevance of International Marketing Mix decisions and recent developments in Global Market
• Interpret implications of international marketing on services all over the world.
9. MEDIA PLANNING & MANAGEMENT (MARKETING)
• Understand the different types of media used by modern day businesses
• Promotion being one of the pillars of marketing, choosing which media or type of advertising to use, especially for challenging firms with limited budgets & know-how
10. HRM IN GLOBAL PERSPECTIVE (HUMAN RESOURCE MANAGEMENT)
• Equip the students with requisite knowledge, skills &right attitude necessary to provide effective leadership in a global environment.
• Develop competent management professionals with strong ethical values, capable of assuming a pivotal role in various sectors of the Indian Economy &Society, aligned with the national priorities.
• A career in diverse sectors of the industry domestically and globally
11. HRM IN SERVICE SECTOR MANAGEMENT (HUMAN RESOURCE MANAGEMENT)
• To study the concept and the growing importance of HRM in service sector
• To recognize and evaluate how human resources are managed in service sector
• To understand the significance of human element in creating customer satisfaction through service quality
• To explore the ways in which HR strategy, structure, delivery and practices can be used to create valuable products and services
• To offer diverse learning opportunities to develop analytical and soft skills.
12. HUMAN RESOURCE ACCOUNTING & AUDIT (HUMAN RESOURCE MANAGEMENT)
• Familiarise the process and approaches of Human Resources Accounting
Provide a basis for the conceptual framework of Human Resource Accounting.