ME 1505 : INDUSTRIAL MANAGEMENT
Syllabus
Module I
Definitions of management-history of management-types of manager-management responsibilities-management tasks-the engineering manager. The organization-organization structures, the quality organization, organizational change, managing change, Management obligations, social and professional responsibilities Personnel management and administration, manpower planning-recruitment, selection and training. Accidents –absenteeism and labour turnover,
Module II
Industrial relations- objectives, causes results and settlement of industrial relations, workers participation in management, collective bargaining, trade unions, principles of industrial legislations Wage payment plans-wage incentives
Module III
Financial management: financial accounts, inflation, profitability, budgets and controls, obtaining finance, valuing a company, Control through costing: Cost accounting, valuation of stocks, allocation of overheads, standard costing, marginal costing Investment decision: the ranking process, payback period, average rate of return, discounted cash flow
Module IV
Marketing and sales management: The market, marketing information, market segmentation, consumer and industrial markets Product management, pricing, marketing communications, sales physical distribution Entrepreneurship – concept Entrepreneurship development, factors affecting Entrepreneurship, project report and techno economic feasibility assessment
References:
1) Industrial Organisation and Management : Bethel et.al, McGraw Hill
2) Principles of Industrial Management : Kootnz & Donnel
3) Financial Management : Prasanna Chandra, TMH
4) Financial Management : IM Pandey , Vikas Publishing House
5) Operation Management : Fabricky et al, Tata McGraw Hill
6) Hand Book of MBO : Reddin & Ryan, Tata McGraw Hill
7) Management: concept and Strategies : J.S. Chandan , Vikas Publishing House
Type of Questions for University Exam.
Q 1.Eight short answer questions of 5 marks with two questions from each of the four modules. (8x5 = 40 marks)
Q 2. to Q.5 : Two questions A & B of 15 marks from each modules with option to answer either A or B. (4x15 = 60 marks)