Sanskardham Kelavani Mandal's
Jashbhai Maganbhai Patel College of Commerce
Programmes -> BMS

 

Bachelor of Management Studies (B.M.S.)

BMS COURSE OUTCOME

  • The University of Mumbai launched the Bachelor of Management Studies or BMS programme from the academic year of 1999-2000.
  • Bachelor of Management Studies or BMS is a full-time course of three year duration.
  • This full time three year degree programme has been introduced in several institutes of the country. This degree programme comprises six semesters.
  • The Bachelor of Management Studies was introduced with the aim of producing trained management professionals in today`s competitive market.
  • The course curriculum has been practically designed in order to meet the increasing demand for more number of professionally certified management executives in the global market.
  • This degree programme is handled by experienced full-time as well as visiting faculty pulled from various service and industrial sectors.
  • The course structure of Bachelor of Management Studies or BMS includes an exhaustive training with the help of latest technological devices, industrial visits, and practical experience and summer placements wherever possible.
  • Academic year 2015-16 Mumbai University have introduced specialization in Finance, Marketing and Human Resource from Second Year.

SUBJECT’S WISE COURSE OUTCOME

FYBMS SEM I

Business Communication- I

  • To understand various aspects of communication.
  • To introduce students to the process of communication, the network of channels, the barriers that obstruct communication and the methods of communication.
  • To highlight the importance of technology in business communication and correspondence
  • To hone the writing and speaking skills.

Introduction to Financial Accounts

  • Introduction to Financial Accounts subject is introduced in FYBMS to make BMS students understand and apply the theoretical aspects of accounting methods used for collecting, recording and reporting financial information.
  • The subject helps to analyse and interpret the financial environment in which accounting information is used in managing a business.
  • The subject aims to apply accounting and financial management decision-making techniques to practical situations that is likely to be encouraged by a manager.

Business Law

  • The paper will help the students to understand the rules and regulations framed for business.
  • The course will help the students to know the provisions framed for contract, sale of goods, negotiable instruments, consumer protection, company law and IPR.

Business Statistics

This course is designed to foster the development of foundational statistical skills that are necessary for day-to-day business analysis. The objective of this course is to provide an understanding for the graduate business student on statistical concepts to include measurement of location and dispersion, probability, probability distribution, sampling, estimation, hypothesis testing, regression, correlation analysis and multiple regression.

  • Provide a basic knowledge of the application of mathematics and statistics to business disciplines
  • Develop the ability to analyze and interpret data to provide meaningful information to assist in making management decisions
  • Develop an ability to apply discrete and continuous probability distributions to various business problems
  • How to calculate and apply measure of location and measures of dispersion – grouped and ungrouped data cases Produce appropriate graphical & numerical descriptive statistics for different types of data.

Foundation of Human Skills

  • To understand the growing significance of being aware about human skills at organisational level.
  • It helps students to develop personality, attitude and learning organisational power and politics.
  • Students understand the importance of motivation at work place.
  • Students understand the consequences of stress and methods of coping stress.

Business Economics

  • To understand the basic economics principles and their application
  • A strong foundation in economics helps a business decision maker track and forecast business trends and optimise use of resources.

Foundation Course

  • To make students socially aware of the societal problems and their personality
  • It covered the topics like Overview of Indian Society, Concepts Disparity, The Indian Constitution, Significant Aspects of Political Processes and Growing Social Problems in India.

FYBMS SEM II

Business Communication- II

  • It introduces students to the process of making effective presentations and moves on the various group communications, where individual and team work is equally important.
  • To hone the writing and speaking skills.

Business Environment

  • The learner should develop the knowledge and skills required in the field of Business.
  • The learner should understand Microenvironment and Macro environment of Business.
  • The learner should understand the contemporary issues faced by Business and its Social responsibilities.
  • The learner should understand the Relationship between National and International Environment.
  • The learner learns about functions of Business.
  • The learner should understand that how Entrepreneurship and economic development of Enterprises takes place.
  • The learner should understand the rights of consumers and the concept of consumerism.

Principles of Management

  • To enable students to obtain basic knowledge and skills required in the field of management.

Industrial Law

  • The paper will help the students to understand the different rules and regulations framed for industries.
  • This course will help the students to tackle the different legal issues arising in industries.

Principles of Marketing

  • The learner should develop the knowledge and skills required in the field of Marketing.
  • The learner should understand Microenvironment and Macro environment of Business.
  • The learner should practice the process of four 4Ps (product, price, place and promotions)
  • The learner should understand Marketing Terminology and Concepts
  • The learner learns about Business Functions of Marketing.

Foundation Course – II

  • To make students socially aware of the societal problems and their personality
  • It covers topics like Human Rights, Globalisation and Indian society, Ecology, understanding stress and conflicts, Managing stress and conflict in contemporary society.

Business Mathematics

The course involves concepts understanding, problem formulation and solution, graphing and computer application. At the end of the course, students will be able apply their mathematical skills to various problems for the optimal solutions. The course will begin with the review of basic notions of Elementary Financial mathematics (Simple and Compound Interest, Annuity, Present and Future value, Sinking fund, Depreciation of assets, Functions, Permutation and Combination). Topics on Matrix will consist of Matrices, Determinants of a matrix of two or three order, Cramer’s Rule, etc.

The objective of this course is to teach the mathematical concepts and principles of multivariate calculus, vector and matrix algebra, differential equations & their applications in business and economics.

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

  • Analyse real world scenarios to recognize when simple and compound interest, annuities, payroll preparation, pricing and depreciation are appropriate
  • Understand and use equations, formulae and mathematical expressions and relationships in a variety of contexts.
  • Apply the knowledge in mathematics in solving business problems
  • Demonstrate mathematical skills required in mathematically intensive areas in commerce such as Finance and Economics
  • Achieving a generic and specific attribute of critical thinking, modelling and problem solving skills in a variety of contexts.

SYBMS SEM III

Introduction to Cost Accounting (Finance Electives)

  • This course exposes the students to the basic concepts and the tools used in Cost Accounting
  • To enable the students to understand the principles and procedure of cost accounting and to apply them to different practical situations

Equity and Debt Market

  • This paper will enable the students to understand the evolution of various aspects of financial markets which in turn will help them in framing the financial policies, development of financial instruments and processes and evolving the strategies during crisis.

Recruitment & Selection (Human Resource Electives)

  • The objective is to familiarize the students with concepts and principles, procedure of Recruitment and Selection in an organization.
  • To give an in depth insight into various aspects of Human Resource management and make them acquainted with practical aspect of the subject

Motivation & Leadership (Human Resource Electives)

  • To gain knowledge of the leadership strategies for motivating people and changing organizations
  • To study how leaders facilitate group development and problem solving and work through problems and issues as well as transcend differences
  • To acquaint the students about practical approaches to Motivation and Leadership & its application in the Indian context

Information Technology in Business Management-I

  • To learn basic concepts of Information Technology, its support and role in Management, for managers
  • Module II comprises of practical hands on training required for office automation. It is expected to have practical sessions of latest MS-Office software
  • To understand basic concepts of Email, Internet and websites, domains and security therein
  • To recognize security aspects of IT in business, highlighting electronic transactions, advanced security features

Foundation Course –III (Environmental Management)

  • An attempt to inculcate environmental ethics and values in the minds of the students and at the same time acquaint them with relevant methods, techniques and tools that are in use to assess and analyse the environmental issues.

Business Planning & Entrepreneurial Management

  • Entrepreneurship is one of the major focus areas of the discipline of Management. This course introduces Entrepreneurship to budding managers.
  • To develop entrepreneurs &to prepare students to take the responsibility of full line of management function of a company with special reference to SME sector

Accounting for Managerial Decisions

  • To acquaint management learners with basic accounting fundamentals.
  • To develop financial analysis skills among learners.
  • The course aims at explaining the core concepts of business finance and its importance in managing a business

Strategic Management

  • The objective of this course is to learn the management policies and strategies at every Level to develop conceptual skills in this area as well as their application in the corporate world.
  • The focus is to critically examine the management of the entire enterprise from the Top Management view points.
  • This course deals with corporate level Policy & Strategy formulation areas. This course aims to developing conceptual skills in this area as well as their application in the corporate world.

SYBMS SEM IV

Auditing (Finance Electives)

  • To enable students get acquaint with the various concepts of auditing.
  • To ensure students understand and practice the various techniques of auditing while managing their finances
  • Strategic Cost Management (Finance Electives)
  • Learners should develop skills of analysis, evaluation and synthesis in cost and management accounting
  • The subject covers the complex modern industrial organizations within which the various facets of decision-making and controlling operations take place.

Human Resource Planning and Information System(Human Resource Electives)

  • To Understand the Concept and Process of HRP
  • To Understand Ways of matching Job Requirements and Human Resource Availability
  • To Explore the concept of Strategic HRP
  • To Understand the applications of HRIS

Training & Development in HRM(Human Resource Electives)

  • This paper is not pure academic oriented but practice based. It has been designed, keeping in view the needs of the organizations. Successful managerial performance depends on the individual’s ability to observe, interpret the issues and modify his approach and behaviour. All organizations need to pay adequate attention to equip their employees. Rapid progress in technology has changed not only in the physical facilities but also in the abstract qualities required of the men who are using them. This paper will attempt to orient the students to tailor themselves to meet the specific needs of the organizations in training and development activities.

Information Technology in Business Management-II

  • To understand managerial decision-making and to develop perceptive ofmajor functional area of MIS
  • To provide conceptual study of Enterprise Resource Planning, Supply Chain
  • Management, Customer Relationship Management, Key issues inimplementation. This module provides understanding about emerging MIStechnologies like ERP, CRM, SCM and trends in enterprise applications.
  • To learn and understand relationship between database management anddata warehouse approaches , the requirements and applications of datawarehouse
  • To learn outsourcing concepts. BPO/KPO industries, their structures , Cloudcomputing

Foundation Course –IV (Ethics & Governance)

  • To understand significance of ethics and ethical practices in businesses which are indispensible for progress of a country
  • To learn the applicability of ethics in functional areas like marketing, finance and human resource management
  • To understand the emerging need and growing importance of good governance and CSR by organisations
  • To study the ethical business practices, CSR and Corporate Governance practiced by various organisations

Business Economics- II

  • To assist students to master the basic concepts of macroeconomics so as to enable them to understand and analyse the economy as a whole
  • To help students to understand occurrences that are observed in the real world or reported by the media.
  • To help understand what the causes of inflation are or what is monetary policy or fiscal policy and how does it work; what is a trade cycle; what is inflation; why should we trade, what is balance of payments and so on.

Business Research Methods

  • The course is designed to inculcate the analytical abilities and research skills among the students.
  • The course intends to give hands on experience and learning in Business Research

Production & Total Quality Management

  • To acquaint learners with the basic management decisions with respect to production and quality management
  • To make the learners understand the designing aspect of production systems
  • To enable the learners apply what they have learnt theoretically.

Strategic Cost Management

  • Learners should develop skills of analysis, evaluation and synthesis in cost and management accounting
  • The subject covers the complex modern industrial organizations within which the various facets of decision-making and controlling operations take place

TYBMS SEM V

Investment Analysis and Portfolio Management

  • To acquaint the learners with various concepts of finance
  • To understand the terms which are often confronted while reading newspaper, magazines etc for better correlation with the practical world
  • To understand various models and techniques of security and portfolio analysis

Wealth Management

  • To provide an overview of various aspects related to wealth management
  • To study the relevance and importance of Insurance in wealth management
  • To acquaint the learners with issues related to taxation in wealth management
  • To understand various components of retirement planning

Financial Accounting

  • To acquaint the learners in preparation of final accounts of companies
  • To study provisions relating to underwriting of shares and debentures
  • To study accounting of foreign currency and investment
  • To understand the need of ethical behaviour in accountancy

Risk Management

  • To familiarize the student with the fundamental aspects of risk management and control
  • To give a comprehensive overview of risk governance and assurance with special reference to insurance sector
  • To introduce the basic concepts, functions, process, techniques of risk management

Direct Taxes

  • To understand the provisions of determining residential status of individual
  • To study various heads of income
  • To study deductions from total income
  • To compute taxable income of Individuals

Finance for HR Professionals and Compensation Management

  • To orient HR professionals with financial concepts to enable them to make prudent HR decisions
  • To understand the various compensation plans
  • To study the issues related to compensation management and understand the legal framework of compensation management/li>

Strategic Human Resource Management and HR Policies

  • To understand human resource management from a strategic perspective
  • To link the HRM functions to corporate strategies in order to understand HR as a strategic resource
  • To understand the relationship between strategic human resource management and organizational performance
  • To apply the theories and concepts relevant to strategic human resource management in contemporary organizations
  • To understand the purpose and process of developing Human Resource Policies

Industrial Relations

  • To understand the concept of performance management in organizations
  • To review performance appraisal systems
  • To understand the significance of career planning and practices

Stress Management

  • To understand the nature and causes of stress in organizations
  • To familiarize the learners with the stress prevention mechanism
  • To understand the strategies that help cope with stress
  • To be able to apply stress management principles in order to achieve high levels of performance
  • To enable to learners to adopt effective strategies, plans and techniques to deal with stress

Logistics and Supply Chain Management

  • To provide students with basic understanding of concepts of logistics and supply chain management
  • To introduce students to the key activities performed by the logistics function
  • To provide an insight in to the nature of supply chain, its functions and supply chain systems
  • To understand global trends in logistics and supply chain management

Corporate Communication & Public Relations

  • To provide the students with basic understanding of the concepts of corporate communication and public relations
  • To introduce the various elements of corporate communication and consider their roles in managing organizations
  • To examine how various elements of corporate communication must be coordinated to communicate effectively
  • To develop critical understanding of the different practices associated with corporate communication

TYBMS SEM VI

Operations Research

  • To help students to understand operations research methodologies
  • To help students to solve various problems practically
  • To make students proficient in case analysis and interpretation
  • To enable the students to understand various techniques used in operation management decisions.
  • Study of operations research enables the students to solve complicated decision making situations in relation to job assignments , projects management ,inventory management ,transportation of goods etc.

International Finance

  • The objective of this course is to familiarize the student with the fundamental aspects of various issues associated with International Finance
  • The course aims to give a comprehensive overview of International Finance as a separate area in International Business
  • To introduce the basic concepts, functions, process, techniques and create an awareness of the role, functions and functioning of International Finance in this Globalised Market

HRM in Global Perspective

  • To introduce the students to the study and practice of IHRM
  • To understand the concepts, theoretical framework and issues of HRM in Global Perspective
  • To get insights of the concepts of Expatriates and Repatriates
  • To find out the impact of cross culture on Human Resource Management
  • To provide information about Global Workforce Management
  • To study International HRM Trends and Challenges

Indian Ethosin Management

  • To understand the concept of Indian Ethos in Management
  • To link the Traditional Management System to Modern Management System
  • To understand the Techniques of Stress Management
  • To understand the Evolution of Learning Systems in India

Project Management

  • The objective of this course is to familiarize the learners with the fundamental aspects of various issues associated with Project Management
  • To give a comprehensive overview of Project Management as a separate areaof Management
  • To introduce the basic concepts, functions, process, techniques and create an awareness of the role, functions and functioning of Project Management

Financing Rural Development

  • To acquaint the learners with the concept of rural banking
  • To give an overview of micro finance and MSME finance
  • To study the provisions of final accounts of the Banking Companies
  • To understand risk management in rural finance

Indirect Taxes

  • To understand the basics of GST
  • To study the registration and computation of GST
  • To acquaint the students with filing of returns in GST

Organisational Development

  • To understand the concept of Organisational Development and its Relevance in the organisation
  • To Study the Issues and Challenges of OD while undergoing Changes
  • To get an Understanding of Phases of OD Programme
  • To Study the OD Intervention to meet the Challenges faced in the Organisation
  • To get an Insight into Ethical Issues in OD

Workforce Diversity

  • To understand the nature of workforce diversity
  • To familiarize the learners with the strategies to deal with work force diversity
  • To understand the impact of technology in managing workforce diversity
  • To be able to interlink between workforce diversity and HRM function

• The BMS course of J M Patel College is a part of the Department of Management. This course provides comprehensive management training to students by way of interactive teaching-learning process, projects, presentations, industrial visits, practical training, job orientation, soft skills development and placements. It is a perfectly designed course for aspiring Entrepreneurs, Managers and budding CEOs of tomorrow. The course aims at not only training students to become excellent Managers, Executives & Entrepreneurs but also leads to the all-round development of their personality. The students are moulded perfectly to fit in with the requirements of an ideal Entrepreneur and Manager who knows how to make correct decisions, delegate work, and most importantly, to administer and coordinate with the entire organization. In the third year BMS, the students can select Human Resource or Finance as their area of specialization, and have relevant elective subjects from 3rd Semester onwards. This helps them get in depth knowledge in their area of interest. The faculty at J M Patel College has worked on delivering the syllabus as current and relevant for the benefit of the student fraternity. The course provides a complete and a perfect platform for students to explore the world of management in depth. The well qualified and experienced department faculty plays multiple roles for the students such as friend, philosopher and a guide

• Even as the pandemic forced colleges to shut down, The Faculty of Department of Management realigned and enthusiastically pursued the College goal of Teaching and inducted them into online teaching process. The faculty is well versed in online teaching and can engage practical sessions for Management students based on their syllabi.

• We invite students with the zest and the endurance to face challenges, the passion to succeed and win, and also to commit you to building a managerial and an entrepreneurial personality with an international outlook. BMS is a course specially designed for you and J M Patel College is the place to enrol.





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