Curriculum of the Common Programme Of The Faculty of Management Studies and Commerce
BUS 1340: PRINCIPLES OF MANAGEMENT
This is an elementary Course. It aims to provide a comprehensive introduction to the key elements of an organisation, its environment and the process of Manage¬ment. Along with an introduction to historical evolution of Management, the Course will facilitate you to gain a basic knowledge of the concepts, models and the theoretical foundations of Management. Therefore, knowledge gained through this Course will be beneficial for you to follow your Degree programme successfully.
DSC 1340: BUSINESS MATHEMATICS
This course, which is the first course in Mathematics, introduces students to basic principles, laws and rules necessary to develop an overview of application capabil¬ities 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 integra¬tion 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 1340: INTRODUCTION TO INFORMATION TECHNOLOGY
This is an introductory level course consist¬ing of both basic theory and practice relat¬ing to Information Technology. The theo¬retical module includes: Introduction to Computers, Computer Hardware, Com¬puter Software, Internet and World Wide Web and network and Internet Security. The practical module provides the knowl¬edge and operational skills on word processing software, spread sheet software which are frequently used in an organiza¬tional environment.
PUB 1240: SOCIO-POLITICAL ENVIRONMENT
Socio-political environment and profit-ori¬ented business are inter-dependent. In one hand, business are influenced by the socio and political forces while on the other hand, socio-political environment is influ¬enced by the businesses. Accordingly, this introductory course unit is designed for the Management undergraduates to gain fundamental understanding about social and political environment in which every business operates. As prospective profes¬sionals and citizens who will interact with the societal and political institutions, it is necessary for an undergraduate to learn civic, social and political dimensions. This course facilitates learners to identify and respond to various social trends and chang¬es in the political milieu, focusing on the substance of culture, socialization, social trends, social institutions, government, democracy, and interactions between differ¬ent agents in the society. Further, it discuss¬es the government mechanism which is currently being practiced in Sri Lanka.
COM 1240: LEGAL ENVIRONMENT
This course is intended to help undergradu¬ates attain a basic understanding of the concept – Law and legal system in Sri Lanka particularly as it relates to business organi¬sations. Undergraduates must be able to appreciate the very effect of the various areas of law in their work and life. This course prepares them for instances where they would encounter legal issues and in business/commercial formation issues throughout their career.
BCC 1340: BUSINESS COMMUNICATION I
This course aims to help students reach the level of Band 4/5 of the UTEL. Upon com¬pletion of the course, students should be able 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.
PUB 1341: POLITICAL SCIENCE
This course is designed to provide the students with an understanding of the political environment within which a man- ager/administrator works and to enable them to appreciate the various political factors affecting their behavior. The major topics covered include both general theo¬retical concepts of nation, state, rights, liberty and equality as well as the ‘political institutions’ with special reference to Sri Lanka. Attention is paid to constitutional developments in Sri Lanka as well as to the evolution of party and electoral politics.
HRM 1340: HUMAN RESOURCE MANAGEMENT
An obvious interdependence exists between our society and organizations that produce goods and services in order to fulfill our needs. The standards of living and even survival of people in society depend on the goods and services of the organization. Thus, any society/nation wants organiza¬tions that need people to achieve organiza¬tional objectives. Human Resource Man¬agement (HRM) is managing these people in organizations. The main objective of this course is to provide a systematic and rational understanding of HRM, both conceptual understanding and job-oriented practical understanding. It focuses on a systematic and scientific approach to the analysis and handling of issues/problems in HRM with especial reference to the Sri Lankan context. The main areas covered are: Intro¬duction to HRM, organization of the HR Department, job design, job analysis, human resource planning, recruitment, selection, hiring and induction, perfor¬mance evaluation, pay management, train¬ing and development, employee move¬ments, management of discipline, safety, health and welfare administration, griev¬ances handling and management of labour relations.
DSC 1341: BUSINESS STATISTICS
This course provides an introduction to the fundamental concepts, principles and methods of Business Statistics. The topics include descriptive techniques, probability theory, probability distributions and infer¬ential techniques. The major topics discussed under descriptive techniques include data collection, presentation and organization and statistical summary mea¬sures. Three important theoretical distribu¬tions, namely, Binomial, Poisson and Normal distribution are discussed under probability distributions. The major topics under inferential techniques include sam¬pling and sampling distributions, estima¬tion and hypothesis testing.
BEC 1340: MICROECONOMICS
This course is designed to introduce economic theories and tools and methods of analysis that are useful in the study of various economic issues and in business decision-making. It covers intermediate theory of demand and supply, theories of consumer behaviour and production, various market structures, factor market for labour, general equilibrium and welfare.
ACC 1340: FINANCIAL ACCOUNTING
This course aims at developing students’ knowledge of accounting standards, and understanding of their application in the preparation and presentation of financial statements of a corporate entity. The areas covered are: overview of financial account¬ing; overview of accounting standard setting process; conceptual framework for financial reporting; preparation and presen¬tation of financial statements of companies; fair value based measurement; revenue recognition and measurement; accounting for property, plant and equipment and investment property; accounting for intan¬gible assets; impairment of assets; account¬ing for provisions, and contingent liabilities and assets; accounting for leases; and consolidated financial statements. The Accounting subject of GCE (Advanced Level) will provide the foundation for this course.
BCC 1341: BUSINESS COMMUNICATION II
This course aims to help students reach the level of benchmark Band 5/6 of the UTEL. This course introduces the students to language skills required in different busi¬ness situations. Upon completion of this course, students should be able to partici¬pate 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 presenta¬tion techniques effectively and make brief presentations.