MI4101 Foundation of Management Syllabus:

MI4101 Foundation of Management Syllabus – Anna University PG Syllabus Regulation 2021

COURSE OBJECTIVES:

 To expose the students to the basic concepts of management.
 To enable the students to understand the management functions of organization.

UNIT I INTRODUCTION

Nature and process of management, basic managerial roles and skills, nature of managerial work; Management vs. Administration, Management as a Science or an art, Management as a Profession, Professional Management in India; Development of Management thought: Henri Fayol,F W Taylor, Elton Mayo and Maslow; System and contingency approach.

UNIT II PLANNING AND DECISION MAKING

Planning and decision making – concept, purpose and process of planning, kinds of plans, strategies, policies and planning, premises, goal setting, MBO. Decision making – nature and process, types of managerial decisions, decision making conditions, forms of group decision making in organization.

UNIT III ORGANIZING

Organizing–Concept, Steps and elements of organizing function, basis of departmentation, distribution of authority, Types of organization structure, Delegation and Decentralization.

UNIT IV DIRECTION

Leadership – nature and significance, leading and managing, leadership styles, leadership theories.

UNIT V CONTROL

Management Control; nature, purpose and process of controlling, kinds of control system, prerequisites of effective control system, resistance to control.

TOTAL: 45 PERIODS

COURSE OUTCOMES:

At the close of the semester, a student should:
 Understand basic terminology and concepts for Management theory.
 Be proficient in case study analysis and writing for Management applications.
 Demonstrate the ability to apply selected Management frameworks to real world business situations for problem-solving purposes.
 Demonstrate business caliber online communications and netiquette skills via proficient participation in group discussion forums.

REFERENCES:

1. Koontz & Ramachandra, Essentials of Management, Tata McGrawHill
2. Stoner, Freeman and Gilbert, Jr. Management, Pearson Education, NewDelhi
3. Weihrich, Heinz and Harold Koontz, Management: A Global Perspective, Tata McGrawHill
4. Dinhar Pagan, Chopra, Principles of Management.