Course Code: FIN 6408

Course Title: Financial Derivatives and Engineering

Credit: 3

Objective of the Course: 

To help students develop a sound knowledge of different derivative instruments, their valuation, and their uses in risk management, speculation and other investment purposes.

Course Description:

Derivatives: Forward and Futures Contract, Option, Swap and other derivatives; Forward Contract: Forward Market, Participants, Quotation, Premium or Discount, Relationship between Forward and Spot Price, Arbitrage Arguments; Futures Contract: Futures Market, Clearing Houses, Positions, Taxation, Open Interest, Marking to Market, Basis, Spreads, Regulations; Swaps and the Evaluation of Credit Risk: Interest Rate Swap, Currency Swaps, Credit Risk, Regulation, Credit Conversion Factor; Options: Characteristics and Principles, Pricing Relationship and graphical presentation of Option’s Payoff, Factor affecting Prices of Options, Early Exercise, Equity as a Call Option, Put-Call Parity and Synthetic Construction of Options, Effects of Dividends; Trading Strategies involving Options; Model of the Behavior of Stock Prices, The Process for Stock Prices and the Process for Derivative Securities; Option Theory and pricing: Pricing Models: Risk Neutral Argument, Valuation – Mimicking Strategy (Synthetic Construction), Analytical Pricing Formula- Ito’s Lemma, Derivation of the Black-Scholes Formula, Implied Volatilities, Dividend correction; Numerical Pricing Models: Binomial-Lattice Approach; Pricing Corporate Securities, Options on Currencies Indices, Currencies and Futures Contracts; Hedging Positions in Option and other Derivative Securities; Managing Equity Risk: Strategies, Return enhancement Strategy, Value Protection Strategy, Stock Index Future, Portfolio Insurance using Put Options, Portfolio Insurance using Replication Strategy.

Books Recommended:

• John C Hull, Fundamentals of Futures and Options Markets, 8th Edition, Prentice- Hall International Inc., 2006. 

• John C Hull, Options, Futures and Other Derivative Securities, 6th Edition, Prentice- Hall International Inc., 2006.

Course Code: FIN 6404

Course Title: Security Analysis & Portfolio Management

Credit: 3

Objective of the Course: 

To help students develop a sound knowledge of portfolio management strategies and apply them in practice.

Course Description:

Modern investment theory; Securities and markets; Combining individual stocks into portfolio; Finding efficient set; Index models; The Capital Asset Pricing Model; Factor Models and the APT: Performance Measurement, Performance Analysis, and Performance Attribution; Market Inefficiencies or Market Anomalies; Equity Valuation and Strategies; Bond Portfolio Management – Valuation and Risk, Pricing, Measuring Yield, Bond Price Volatility, Duration, Active and Passive Strategies, Immunization and Cash Flow Matching; Options and Futures: Black-Scholes and Beyond, Portfolio Insurance, Program Trading; Stock Market in Bangladesh; Investor Behavioral Biases and Behavioral Finance & Investment Process.

Books Recommended:

• Elton and Gruber, Modern Portfolio Theory, 6th Edition, John Wiley & Sons, Singapore, 2003. 

• Reilly and Brown, Investment Analysis and Portfolio Management, 10th Edition, Harcourt Inc., New York, 2011. 

Course Code: MBA 6316

Course Title: Research Methodology

Credit: 3

Course Description:

Research Definition, Research Objectives, Types of Research, Research Process; Research Problem, Selection of research problem, Techniques involved in defining a problem; Meaning of Research Design, Features of a good design, and Development of design; Qualitative Vs Quantitative Variables, Discrete Vs Continuous Variables, Dependent Vs Independent; Census Vs Sample Survey, Types of measurement, Techniques of measurement; Procedure to design a questionnaire; Source of Data, Data Collection Techniques; Concept of Hypothesis, Construction of Hypothesis, Z-test, 1-test. F-test, Paired Test, one way Anova. Two-Way Anova, Multiple Regression, Chi-Square test, Mann-Whitney U-Test, Kruskil Wallis Test. Contingency Table, Lamda. ARIMA, Auto Regression, Seasonal Decomposition; Writing Process; Organizing Research Report. 

Books Recommended:

• Donald Cooper & Pamela Schindler, Business Research Methods, TMGH, 9th edition 

• Alan Bryman & Emma Bell, Business Research Methods, Oxford University Press.

• Kothari, C. R. & Garg Gaurav, Research Methodology, 3rd Edition.

Course Code: MBA 6311

Course Title: Managerial Economics

Credit: 3

Objective of the Course: 

To introduce the economic concepts Ֆ To familiarize with the students the importance of economic approaches in managerial decision making To understand the applications of economic theories in business decisions.

Course Description:

General Foundations of Managerial Economics - Economic Approach - Circular Flow of Activity - Nature of the Firm - Objectives of Firms - Demand Analysis and Estimation - Individual, Market and Firm demand - Determinants of demand - Elasticity measures and Business Decision Making - Demand Forecasting. Law of Variable Proportions - Theory of the Firm - Production Functions in the Short and Long Run - Cost Functions – Determinants of Costs – Cost Forecasting - Short Run and Long Run Costs –Type of Costs - Analysis of Risk and Uncertainty. Introduction to National Income – National Income Concepts - Models of National Income Determination - Economic Indicators - Technology and Employment - Issues and Challenges – Business Cycles – Phases – Management of Cyclical Fluctuations - Fiscal and Monetary Policies. Macro Economic Environment - Economic Transition in India - A quick Review - Liberalization, Privatization and Globalization - Business and Government - Public-Private Participation (PPP) - Industrial Finance - Foreign Direct Investment (FDIs).

Books Recommended:

• Yogesh Maheswari, Managerial Economics, Phi Learning, Newdelhi, 2005 Gupta G.S., 

• Managerial Economics, Tata Mcgraw-Hill, New Delhi Moyer & Harris, 

• Anagerial Economics, Cengage Learning, Newdelhi, 2005 Geetika, Ghosh & Choudhury, 

• Managerial Economics, Tata Mcgrawhill, Newdelhi, 2011

Course Code: MBA 6313

Course Title: Production & Operations Management

Credit: 3

Objective of the Course: 

The students will develop an understanding of the Production and operations functions. This course examines the functional area of production and operations management as practiced in the manufacturing industry. The course includes decision-making, capacity planning, aggregate planning, forecasting, and inventory management, distribution planning, materials requirements planning (MRP), project management and quality control.

Course Description:

Unit 1: Nature of Operations, Strategy, and Productivity, Unit 2: Forecast Analysis and Decision Making .Unit 3: Operations Management and Control: Inventory, Capacity, and Quality. Unit 4: Planning and Scheduling: Layout, Assembly Lines, Projects, and Waiting Lines An overview of operations functions, Role of operations management like other functional areas of management, A system view of operations management, Operations strategies for competitive advantage, Demand forecasting, Capacity planning, Locating production and service facilities, Layout planning of physical facilities, Job design and work measurement, Project management critical path analysis, Inventory control models and techniques, Production Management, Material Requirement Planning (MRP), Supply chain management, Quality dimensions and control, Total Quality Management (TOM) and ISO 9000, Aggregate production/operation planning, Scheduling and controlling, Business process reengineering, JIT and Flexible manufacturing, Production and operations control in a maintenance environment, Total Productive Maintenance (TPM).

Books Recommended:

• Jacobs, F. R., & Chase, R. B. (2021). Operations and supply chain management (16th ed.). McGraw-Hill. ISBN: 978-1-260-57594-1.

•  Operations Management: Process and Supply Chains, Eleventh Edition, Lee J. Krajewski, ManojK. 

• Malhotra, Larry P. Ritzman & Samir K. Srivastava, Pearson

• Operations Management by William J. Stevenson;

• Operations Strategy by Nigel Slack;

• Introduction to Materials Management by J.R. Tony Arnold;

Course Code: MBA 6312

Course Title: Advanced Financial Management

Credit: 3

Objective of the Course: 

To provide students with basic concepts, theories and techniques of corporate finance covering risk, capital structure, and dividend policy and market efficiency.

Course Description:

Financial Manager, Controller and Treasurer; Functions of management; The firm and its financial environment; Accounting and cash flow measurement; Accounting Information and Agency Costs; Risk and Return: Measuring Risk of Individual Security and Portfolio, Capital Market Theory, CAPM and the SML; Financial Leverage; Capital Structure Theory- MM Propositions and Policy; Firm Value and Capital Structure; Optimum Capital Structure- Corporate Taxes, Personal and Corporate Taxes; Cost of Financial Distress and Agency; Pecking Order Theory; Capital Budgeting different techniques, Cost of Capital- weighted average cost of capital; Investment Schedule; Marginal cost of capital; Dividend Theory and Policy- Dividend and Firm value, Dividend Irrelevance Argument, Market Imperfection and Taxes; Dividend Signaling, Agency Explanation of Dividend; Clientele Effects; Market Efficiency- Forms and Implications.

Books Recommended:

• Gitman L. J. Principles of Managerial Finance, Pearson Education Ltd. 

• Pandey I. M. Financial Management, Vikas Publishing Ltd. India.

• Brigham, Eugene F. and Ehrhardt, Michael C. Financial Management Theory and Practice, 12th Edition, the Dryden Press, Harcourt, New York, 2007. 

Course Code: MBA 5209

Course Title: Advanced Marketing Management

Credit: 3

Objective of the Course: 

This course provides students with an overview of the marketing arenas in the organization. From this course, students will able to understand the marketing aspects of today’s world so that they can utilize this in future endeavor. After the completion of this course, students will have the knowledge.

- How could be a successful Marketing Manager?

-They will be groomed and develop their professionalism

Course Description:

New economy; Marketing concepts and tools; Company orientations toward marketplace; Major drivers of new economy; Building customer satisfaction, value, and retention; Strategic planning; Marketing process; Modern marketing information system; Marketing environment; Analyzing consumer and business markets and buyer behavior; Segmentation, targeting, and positioning for competitive advantages; Product life cycle marketing strategies; Developing new market and global market offering; Setting product and branding strategy; Developing price strategies and programs; value network and marketing communications; Managing retailing, wholesaling, and market logistics; Integrated marketing communications; Promotion mix-ad, sales promotion, personal selling, direct marketing, and public relations. Managing total marketing effort.

Books Recommended:

• Philip Kotler and Kevin Lane Keller, Marketing Management, Pearson Education Limited.

• (16th Edition) 

• (2) Laura P. Hartman, Joe DesJardins, Chris MacDonald, Business Ethics: Decision Making for 

• Personal Integrity and Social Responsibility, McGraw-Hill Irwin. (3rd Edition)

• “Marketing Management: Global perspectives” by R. Srinivasan, 4th edition

• Marketing Management: A Strategic Decision-Making Approach” by John Mullins and Orville Walker

Course Code: MBA 5105

Course Title: Financial and Managerial Accounting

Credit: 3

Course Summary:

Introduction to basic accounting principles, accounting equation, transaction analysis, fundamentals of double entry system, journal, ledger, trial balance, errors and their rectification, adjusting and closing entries. Preparation of financial statements for both the service and manufacturing concerns is covered along with bank reconciliation statement. Technique of understanding and analyzing financial statements is also introduced.

Course Content:

Meaning and definition of management accounting, characteristics or nature of management accounting, scope of management accounting, role of management accounting, tools and techniques in management accounting, financial accounting and management accounting-comparison, cost accounting and management accounting comparison, limitations of management accounting. Definition, assumptions, p/v ratio, margin of safety, break-even chart, limitations of break-even analysis, limiting factor or key factor, angle of incidence, break-even point and contribution to sales ratio for multiple products. Meaning of marginal and absorption costing, characteristics of marginal costing, marginal vs. absorption costing, advantages and disadvantages of marginal costing, income distribution under marginal and absorption costing, reconciliation of variable and absorption income. Responsibility centre’s, divisionalization, decentralization, factors affecting degree of decentralization, advantages and disadvantages of decentralization, responsibility accounting, types of responsibility center-cost center, revenue center, profit center, Investment center, performance measure, general requirements for effective performance measures. Segment, segmented income statement, levels of segmented income statement, sells and contribution margin, traceable and common fixed costs, segment margin. The investment decision making process, the Payback period, advantages and disadvantages of pay back, the accounting rate of return(ARR),advantages and disadvantages of ARR, the NPV, advantages and disadvantages of NPV, discounted Pay back, IRR, NPV vs. IRR, effects of tax on capital budgeting and sensitivity analysis Historical costing, limitations of historical costing, standard cost, standard costing, standard cost vs. estimated costs, standard costing vs. budgetary control, variance analysis. Cost concepts for decision making, adding and dropping product lines and other segments, the make or buy decision Meaning, Objectives, Advantages & limitations, Essentials of Effective Budgeting, Classification of Budgets-Functional Budgets, Master Budget, Fixed & Flexible Budget, Revision of Budget, Budget report, Zero Base Budgeting, Performance Budgeting. Methods of pricing, Mark up and Target Costing. 

Books Recommended:

• Managerial Accounting-Ray H. Garrison, Eric W. Noreen, Peter C. Brewer 

• Cost Accounting – A Managerial Emphasis –Horngren, Foster and Datar. 

• Introduction to Management Accounting– Horngren, Sundem, Stratton.

Course Code: MBA 3118

Course Title: Banking and Bank Management

Credit: 3

Objective of the Course: 

To provide students with basic concepts to the business of banking and how these principles might apply in practical situations. 

Course Description:

Bank organization and regulation; Analyzing performance of banks; Banker-Customer relationship; Banker and Customer; Types of deposit accounts; Insurance of bank deposits; Classification of deposits; Negotiable Instrument Act: Negotiable instrument and their essential features; Holder and holder in due course; Payment in due course; Holder for value; Endorsements; Crossing of Cheques; Types of crossing; Payment of Cheques; Collection of Cheques; Bill of Exchange and Promissory notes; Kinds of bill of exchange; Loans and advances; Types of advances; Types of loans; Principles of sound lending; Credit worthiness of borrowers; Factors limiting the level of a bank’s advances; Secured Advances: Lien, Pledge, Hypothecation, Mortgage; Forms of mortgages; Letters of credit; Travelers L/C; Letters of commercial credit; Types of letters of commercial credit; Uniform customs and practice for documentary credits (UCPDC); Electronic banking: ATM, Debit card, Credit card, E-banking, SWIFT; BASEL Accord, The Bank Company Act, Money Laundering Act. Managing liabilities and cost of funds; Overview of credit and loan characteristics; Evaluating loan requests; Evaluating consumer loans; The investment portfolio and policy guidelines; Capital management; Reserve management; Liquidity management; Stress Testing; Commercial Bank Management in Bangladesh. 

Books Recommended:

• P. N. Varsheny, Banking Law and Practice, Revised edition 

• Hempel and Simonson, Bank Management: Text and Cases. 

• Koch, Timothy W and S. Scot Mcdonald, Bank Management, Thomson, Ohio. 

• Saunders, Anthony and MarciaMillon Cornett, Financial Institutions Management, Irwin McGraw Hill, USA. 

Course Code: MBA 3323

Course Title: Strategic Management

Credit: 3

Objective of the Course: 

To help students develop a sound knowledge of Strategic management process and concepts, value of vision, mission and corporate objectives, the role of corporate governance and stakeholder management, coherence in strategic direction.  

Course Description:

Strategic management process: policy determination, establishing company's direction, setting vision and mission of organization, crafting strategy, Organizational environment internal and external environment analysis, competitive analysis, competitive capabilities, strategic moves, strategy fit to specific organizations, diversified companies, Strategy formulation: evaluation of company resources, strategy execution, strategy diversification, Strategy implementation: corporate culture and leadership, tactical analysis, building supportive corporate culture, exerting strategic leadership, problem analysis by case studies in fields of strategic management. 

Books Recommended:

• Arthur A. Thompson, Alonzo J. Strickland, Strategic Management: Concept and Cases, McGraw Hill  

• Wendy Robson, Strategic Management, and Information Systems: An Integrated Approach,  FT. 

• Prentice Hall, London 

• Hill and Jones, Theory of Strategic Management- with Cases - 8th Edition, Houghton Mifflin 

• Company, Boston, USA, 2008.

• Hubbard, G., Strategic Management: Thinking Analysis and Action – 2nd Edition, Prentice Hall, Australia, 2004.

• Baltzam, P. and Philips A., Essentials of Business Driven Information Systems, Mcgraw-Hill, USA

• Foundations of Strategy by Grant, R. and Jordan, J.  2012.  NY: John Wiley &Sons, Ltd.

• Essentials of Strategic Managemen by Martyn R Pitt & Dimitrios Koufopoulos

• Strategic Management by Srinivasan, R.Six Edition.