Degree Part I
BME 1501 INTRODUCTION TO MANAGEMENT
This is an introductory course on basic concepts, principles and theories of management. The course introduces the student to the management discipline and the manager’s role. The course intends to provide theoretical and conceptual understanding about the core and peripheral functions of management with a practical orientation. The major topics include: Core Concepts of Management, Evolution of Management Thought, Managerial Decision Making Process, Process of Planning, Organising, Leading and Controlling and Management Communication Process.
BME 1502 ECONOMICS FOR MANAGERS
This course deals with economic principles that govern the individual segments of the country as well as the aggregate components of the economy. Topics covered throughout this course are aimed at providing the students with an understanding of the structure and function of an economic system at the aggregate level and examine how individuals and firms make decisions by weighing up costs and benefits, and how these decisions lead to market and social outcomes.
Furthermore, the knowledge gained through this subject will enable students to have a better understanding of the fundamentals of micro and macro theory and concepts in analyzing real world economic issues.
BME 1503 BUSINESS MATHEMATICS AND STATISTICS
The objective of this course is to provide students with a basic understanding of mathematical and statistical principles and their application in solving business problems. This course stresses the use of arithmetic, algebra geometry and calculus in solving problems in business related areas such as Accounting, Finance, Operations Management and Economics. The course also includes topics from statistics such as collection and representation of data, measures of central tendency, basic probability concepts and probability distributions, sampling and hypothesis testing. This course stresses logical reasoning and problem solving skills.
BME 1504 INTRODUCTION TO INFORMATION TECHNOLOGY
This is an introductory level course consisting of both basic theory and practice relating to information technology. This course covers the following modules: Introduction to Computers, Computer Hardware, Computer Software, Computer Networks, the Internet, Multimedia and the Web, E-commerce, Information Systems and Systems Development, Computer Security and Privacy, and the Intellectual Property Rights, Ethics, Health, Access, and the Environment.
BME 1505 ACCOUNTING FOR MANAGERS
This course deals with the basic theoretical and practical aspects of Financial Accounting and Cost and Management Accounting. It is intended to provide an introductory level understanding of the concepts and techniques of Financial Accounting, Cost Accounting and Management Accounting, specially focusing on providing guidance on decision making of business entities. It mainly attempts to expose the students to the accounting process, financial statements of business entities including limited liability companies, controlling cost elements, short-term decision making and performance management systems etc. The course finally focuses on trends in financial accounting and management accounting.
BME 1506 BUSINESS LAW
Along with an introduction to legal system in Sri Lanka this preliminary level course intends to familiarize students with basic concepts in and principles of Business Law. The course therefore encourages students to be engaged in concepts in principles of law of contract, law of agency, law relating to sale of goods and bills of exchange, law relating to partnership, corporate law, and employment law with special reference to business policies and practices in Sri Lanka.
BME 1007 BUSINESS ENGLISH (NON-CREDIT COURSE)
This is a non-credit elementary course on professional communication in English. This course primarily intends to effectively develop student’s knowledge and skills of English Language application in their personal as well as business life. The course contents include: Grammatical Foundation, Composition, Process of Communication, Basic Communication skills, Business Correspondence, Presentations and Business Report Writing etc.
Degree Part II
BME 2501 MARKETING MANAGEMENT
In an organizational context, discovering a customer oriented focus for business activities and learning to identify target customers and how it affects the selection of goods and services is highly essential. This course discusses marketing in terms of the organization’s total operation with an emphasis on consumer satisfaction, and aims to make students realize the importance of offering total value to the target customer while making them understand pragmatically how organizations blend the interrelated components of marketing management to give exited value to their customer in order to create, capture and sustain the market.
BME 2502 HUMAN RESOURCE MANAGEMENT
Human Resource Management is an integral part of overall business of the organization. The way of sourcing, developing, rewarding, and retaining Human Resource has established its identity as a distinct and hard to imitate capability that an organization can possess enabling it to survive in competitive markets in the long run. The aims of this course are to elaborate the key characteristics of HRM as an academic and professional practice, positioning the role of HR as a value adding business partner and managerial and functional aspects of HRM. Furthermore, this course will inculcate the understanding of vitality of HR impacting on overall business of the organization and building collaborative links between HR and other functions of value chain.
BME 2503 FINANCIAL MANAGEMENT
This course provides an introductory level understanding of major concepts and techniques in Financial Management. This course covers financial statements, cash flows and taxes, analysis of financial statements, financial environment, risk and rates of return, time value of money, bonds and their valuation, stocks and their valuation, cost of capital, capital budgeting, and dividends and share repurchase.
BME 2504 OPERATIONS MANAGEMENT
This course aims at introducing key concepts, principles and techniques that are essential to develop an appreciation of the uses of the field. In this course production systems in both manufacturing and service organizations will be studied in detail in order to understand the real world operations in an organization.
Especially designing products or service which is well suited for customer requirements, delivering it as expected by the customer and other supportive functions like layout, capacity, location, inventories, logistics and quality management will be covered in detail.
BME 2505 ORGANIZATIONAL BEHAVIOUR
This is an intermediary course which introduces the student to basic concepts, principles and theories of human behavior dynamics in the organizational context. The course intends to provide theoretical and conceptual understanding about various human behaviour orientations from psychological and sociological perspectives. The major topics include: Introduction and evolution of the concept of organizational behaviour, Management of stress, Management of conflicts, Management of change, Motivation, Leadership, Culture and their influence on human behavior and performance.
BME 2506 MANAGEMENT INFORMATION SYSTEMS
This is an advanced course that deals with usage and application of information systems. This course covers information systems in business, information technology infrastructure, information systems and their relationship with organizations, information systems for business operations, information systems for managerial decision making, information systems for strategic advantage, enterprise wide applications, information systems building and management, and managing change.
Degree Part III
BME 3501 STRATEGIC MANAGEMENT
This is an advanced course intends to impart various concepts, principles, models and theories of strategic management needed to acquire and expose the students to major issues, problems, challenges, limitations and realities involved formulation and implementation of strategies. It further, helps the students to develop conceptual and analytical skills and creativity needed to develop various strategic managerial views and perspectives and to become a good strategic manager.
BME 3502 INTERNATIONAL BUSINESS MANAGEMENT
As the world of business has become more and more international at the beginning of the 21 century, it is obvious that management must also be international in its focus. Thus, effective managers will be those who understand the nature of international business and how cross-national similarities and differences impact on management. This course provides theoretical foundations and overview of firm level business structures for companies that operate internationally. Furthermore, students who follow this course will understand the importance of regionalization in world trade and appreciate the importance of diversity and its impact upon global business practices. Hence, upon successful completion of this course, the student will understand the scope of the new global economy and the role of management in successfully directing international trade activities.
BME 3503 BUSINESS ETHICS AND CORPORATE SOCIAL RESPONSIBILITY
Business Ethics and Corporate Social Responsibility (CSR) is a novel course introduced to the B.Sc. Business Administration (General) External Degree Programme. The prime objective of this course is to make students realize the necessity of being ethical and socially responsible members in Sri Lanka’s corporate sector as well as wider society. Thus, this course, with special reference to Sri Lanka’s corporate sector, encourages students to critically engage with the basic theories, concepts and practical issues of Business Ethics and CSR
BME 3504 MANAGING FOR PRODUCTIVITY AND QUALITY
This is an intermediary level course which introduces the students to the knowledge and practical application of Productivity and Quality the pillars of the success of businesses in today’s context. This course intends to provide wide knowledge in the real meaning of productivity and quality and how to improve them continuously with various improvement methods and techniques. The course will be thought in three sections; namely, Section 1 – Managing Productivity, Section 2 – Managing Quality & Section 3 – Managing Productivity and Quality simultaneously.
BME 3505 ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT
The concept of entrepreneurship creates a mechanism for creating new ventures which will positively affect the economic development of the country. This introductory course incorporates core concepts and elements of entrepreneurship and business development in order to develop business related skills and entrepreneurial competencies among business management graduates that would meet the needs of the society. And it lays solid foundation to start their own business or to start a career as an entrepreneurial manager. Hence, this course is designed to develop students’ entrepreneurial competencies, confidence, and attitudes in order to identify business opportunities and make use of those for the benefits of the business ventures and the development of the society.
BME 3506 DEVELOPMENT ECONOMICS
The objective of this course is to provide students with a comprehensive knowledge of development economics that is useful in business decision-making. It encompasses, inter alia, areas of economic development, characteristics of developing nations, theories of economic development and growth, poverty, and income distribution. The major focus is on the Sri Lankan economy.
BME 3507 HUMAN RESOURCE DEVELOPMENT
Human Resource Development is one of the five broad fields of Human Resource Management. It mainly focuses on developing human resources at work. The main objective of this specialized course is to provide the students with specialized understanding in theories and practices of developing human resources in organizations with special reference to Sri Lanka. Main topics include Human Resource Development context; Training; Psychology of learning, Training for new employees; Systematic training process; Evaluation of training success, HRD process, Development needs analysis and succession planning, and Career management.
BME 3508 ORGANIZATIONAL CHANGE AND DEVELOPMENT
At present organizations are operating in a highly turbulent environment and are facing changes very often. This is mainly due to globalization and developments in information technology. Further, the present organizations have become more human than ever before. Survival and growth within the said environment and being highly human within the process of achieving organizational goals is a challenging task. Organizational Development (OD) is the application of the knowledge of behavioural science to improve organization performance and functioning. This course is designed to provide students a sound
Theoretical knowledge of OD, while enabling them to understand how theory relates to practice. Areas such as the nature of planned change; the OD practitioner; the process of OD, OD interventions and the future directions in OD will be covered in this course
BME 3509 SERVICE MANAGEMENT
This course takes both a practical and conceptual approach to the management of services. This course looks at key components of services that affect the expectations and perceptions of customers as well as issues of demand management; developing systems that address custom problem solving and complaint management. The course will integrate operations, marketing, strategy, information technology and organizational issues. This course will cover both Business to Business (B2B) Services and Business to Customer (B2C) Services. Basic knowledge of Marketing and Operations Management will be a prerequisite for this course.