On Learning the subject Management

My first experience at attempting to learn management as a subject came at BIMTECH,Delhi where I attended a One year Post Graduate Program in Business Management in 1991.The experience opened my eyes to the esoteric world of general management.I was immersed in a program with concentration of Organisational and Management,Entrepreneurship,Management Accounting,Managerial Economics and Quantitative Techniques day in and day out.
Second semester was much more interesting we had to delve into the subjects such as Financial Management,Marketing Management,Human resources Management,Production and mat. management and Economic and social environment of business.
The interesting aspect of management education is the ubiquitous case study.

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Money Markets Instruments

Money Market Securities in India The money market includes instruments for raising and investing funds for periods ranging from one day up to one year. Money market securities consist of repos/reverse repos, CBLOs ( collateralized borrowing and lending obligations),certificates of deposits, treasury bills, and commercial paper. All these securities are issued at a discount and redeemed at par, and are zero coupon in structure. Money markets also include inter-bank call markets that are overnight lending transactions between banks, inter- bank terms markets that are long term deposits between banks, and interoperate deposits, which are short term lending between companies. These transactions do not involve creation of a debt security and are therefore not included here. The Participants in the money market include banks, primary dealers, financial institutions, mutual funds, provident and pension funds, companies and the government. The purpose of the money market is to e...

NPV-Net Present Value :Capital Budgeting Concepts

DEFINITION OF 'NET PRESENT VALUE - NPV' Net Present Value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows. NPV is used in capital budgeting to analyze the profitability of a projected investment or project. The following is the formula for calculating NPV: where C t = net cash inflow during the period t C o = total initial investment costs r = discount rate , and t = number of time periods A positive net present value indicates that the projected earnings generated by a project or investment (in present dollars) exceeds the anticipated costs (also in present dollars). Generally, an investment with a positive NPV will be a profitable one and one with a negative NPV will result in a net loss . This concept is the basis for the Net Present Value Rule , which dictates that the only investments that should be made are th...

Financial Glossary 2

Over capitalisation when the business had more funds invested in the business than can be profitably employed Risk management is the process of identifying and minimising the potential cost of unfavourable events. Insurance Is a service offering protection against future possible loss as a result of some unfavourable event in the future. Budget is an expression of management plans in financial terms Profitability is a financial objective of the business and is concerned with the adequacy of profit Liquidity is a financial objective of a business and is concerned with being able to meet all cash obligations when they are due Growth is a financial objective and is concerned with increasing the size of the business Cash budget is a plan for cash receipts, cash payments and the resultant cash balance at certain points in time Targeted profit level should provide a reasonable return on the owners' investment - this means that the retur...

On Management

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