Curriculum of the Common Programme Of The Faculty of Management Studies and Commerce
BCC 1322: Business Communication I
This course aims to help the students to recognize and use the basic rules of the English Language. It teaches students to construct both simple and complex sentences accurately, express their views meaningfully in brief discussions and telephone conversations, obtain required information from auditory texts, read and extract information in texts for a variety of purposes, write short texts and business letters and use presentation techniques effectively and make brief presentations. After successful completion of this course, students reach the level of Band 5 (Modest User of Language) of the UTEL.
ACC 1320: Financial Accounting
This course enables students to understand financial accounting and reporting environment, the principles and concepts of financial accounting, and the accounting process encompassing the preparation of financial statements of corporate entities and partnerships. The following study areas are covered: accounting environment; role of corporate governance and ethics in accounting; conceptual framework for financial reporting; overview of regulatory framework for financial reporting in Sri Lanka; preparation and presentation of financial statements of companies inclusive of groups of companies under a simple group structure, accounting for property, plant and equipment, leases, liabilities and equity, and revenue recognition based on applicable Sri Lanka accounting standards (LKAS and SLFRS); application of LKAS and SLFRS for small-medium scale entities (SMEs); accounting for dissolution and conversion of partnerships into limited liability companies; overview of social responsibility accounting; and analysis and interpretation of financial statements of companies using ratios.
BUS 1320: Introduction to Management
The objective of this course is to provide an understanding on basic concepts and theoretical foundations of Management. Developing this foundation knowledge will be beneficial for subsequent study of courses in different degree programmes in Management. The following areas are covered in the course: introduction to organisations and management, evolution of management thought; organizational environment; managerial decision making; the process of planning; organising and organisational structures; leading people; motivation; organizational control and new trends in management. Finally, the course would assist the students to develop conceptual skills to identify links between the functional areas in management, organisations, management practices and the business environment.
DSC 1320: Business Mathematics
This course, the first course in mathematics, introduces students to basic principles, laws and rules necessary to develop an overview of application capabilities of the subject matter in the field of business and economics. The course covers functions, differentiation of functions, maxima and minima of functions, partial derivatives, integration, and area under curve and between curves and mathematics of finance. The course also includes the applications of differentiation and integration in business and economics. Under the applications of differentiation, topics such as profit maximization, cost minimization, elasticity of demand, and marginal analysis are discussed. The major topics covered under applications of integration include marginal revenue and marginal cost, consumer’s surplus, producers’ surplus, total change in revenue, etc.
ITC 1320: Introduction to Information Technology I
This is an introductory level course consisting of both basic theory and practice relating to information technology. The theoretical module includes: Introduction to computers, computer hardware, computer software, and computer networks and the Internet. The practical module provides the knowledge and operational skills operating systems, word processing software, spreadsheet software and presentation software which are frequently used in an organizational environment.
BCC 1323: Business Communication II
This course introduces the students to language skills required in different business situations. It trains students to participate in business meetings confidently and effectively, communicate effectively in a variety of situations, take down notes from auditory texts, read and respond to texts for a variety of purposes, write short formal texts and business letters and use presentation techniques effectively and make brief presentations. After successful completion of this course, students reach the level of Band 6 (Competent User of Language) of the UTEL.
BEC 1320: Microeconomics
Microeconomics study the economic phenomenon at micro level. Hence, this course is designed to introduce basic economic concepts, theories, tools and methods for decision making in dynamic business world at micro level. It covers the intermediate theory of demand and supply, theories of consumer behaviour and production, market structures, general equilibrium and welfare analysis.
DSC 1321: Business Statistics
This course provides an introduction to the fundamental concepts, principles and methods of Business Statistics. The topics include descriptive statistics, probability theory, probability distributions and inferential techniques. The major topics discussed under descriptive statistics include data collection, presentation and organisation and statistical summary measures. Three important theoretical distributions, namely, Binomial, Poisson and Normal distribution are discussed under probability distributions. The major topics under inferential techniques include sampling and sampling distributions, estimation and hypothesis testing.
FMC 1320: Political and Legal Environment
This course consist of two subject areas namely Political Environment and Legal Environment.
Political Environment
The objective of this course unit is to provide the students with an introduction to the key concept, theories and practical aspects in the areas of political science, public administration and public policy.
Legal Environment
This course is an introductory course in law and intends to provide an introduction to the legal system and system of administration of justice in Sri Lanka. The course enables students to understand the nature and relevance of law in management studies and commerce. The topics covered include definition of law, legal system of Sri Lanka, English Law, Roman Dutch law, Sources of Law, The Courts System and the Tribunals in Sri Lanka, The Constitution in Sri Lanka and Law of Contract.
ITC 1321: Introduction to Information Technology II
This course is a continuation from Introduction to Information Technology I course taught in the first semester. The course continues the dissemination of knowledge on theory and practice of information technology. The theoretical module includes: multimedia and the web, e-commerce, information systems and systems development, programme development and programming languages, databases and database management systems, computer security and privacy, and the intellectual property rights, ethics, health, access, and the environment. The practical module provides the knowledge and skills that are required to effectively use database management systems and personal information manager software in an organizational context.