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Principles of Management syllabus

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Principles of Management syllabus

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Principles of Management

Course Objectives:
• To understand the basic principles of management

• To provide an insight into different management functions and strategies

Learning Outcomes:
Upon completion of this course, students will be able to:

LO 1: understand the evolution management and various school of thoughts

LO 2: learn different management functions and decision-making process

LO 3: know about different leadership styles and importance of co-ordination

LO 4: learn about the need for strategic management

Unit I
Nature of Management: Meaning, Definition, its nature purpose, importance & Functions,
Management as Art, Science & Profession- Management as social System Concepts of management-
Administration- Organization.

Evolution of Management Thought: Contribution of F.W. Taylor, Henry Fayol, Elton Mayo, Chester
Barnard & Peter Drucker to the management thought. Various approaches to management (i.e.
Schools of management thought) Indian Management Thought.

Unit II
Functions of Management (Part-I) Planning - Meaning - Need & Importance, types levels–
advantages & limitations, Forecasting - Need & Techniques, Decision making - Types - Process of
rational decision making & techniques of decision making. Organizing - Elements of organizing &
processes: Types of organizations, Delegation of authority - Need, difficulties in delegation –
Decentralization.

Unit III
Functions of Management (Part-II) Staffing - Meaning & Importance, Direction - Nature – Principles,

Communication - Types & Importance, Motivation - Importance – theories, Leadership - Meaning -


styles, qualities & functions of leaders. Controlling- Need, Nature, importance, Process & Techniques,
Coordination - Need, Importance.

Unit IV
Strategic Management Definition, Classes of Decisions, Levels of Decision, Strategy, Role of different
Strategist, Relevance of Strategic Management and its Benefits, Strategic Management in India.

Text Books:

✓ Essential of Management by Horold Koontz & Iteinz Weibrich, McGraw-Hills International.


✓ Essential of Business Administration by K. Aswathapa, Himalaya Publishing House.

Reference Books:

✓ Principles & Practice of Management by L.M. Prasad, Sultan Chand & Sons pub.

✓ Principles of Management by Tripathi & Reddy, Tata McGraw Hil

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