Business Studies for Engineers


Course Outline: Management Defined, Role of a Manager, Small-Business Management, The Evolution of Management Thought, Organization, Organization Charts, Contrasting Theories of Organization, Organizational Effectiveness, Organizational Cultures, Change, Conflict, and Negotiation in Organization; The Strategic Management Process, Strategic Implementation and Control, Forecasting. Accounting Basic: Forms of Business Organization, Types of Activities performed by Business Organization, Financial statements of Business Organization, The Accounting Equation, The Account and Rules of Debit and Credit, The Journal: Recording of Transaction, Adjusting the Accounts, Closing Entries, and Preparing Financial statements from the Work Sheet. Analysis and Interpretation of Financial Statement: Objectives of Financial Statement Analysis, Analysis of a Balance Sheet, Analysis of Statement of Income and Retained Earnings, Ratio Analysis: Liquidity Ratios, Equity or Long Term Solvency Ratio, Profitability Test, Market Test.