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Jul 12, 2012

Class Routine

 
 
 
   
Sun-  Strategic mgmt, Logistic, Sales mgmt
Mon- Strategic mgmt, FIM
Tue-  IF, Logistic, Sales mgmt
Wed- IF, Logistic, FIM
Thu-  Strategic mgmt, FIM
Fri-   IF, Sales mgmt

Syllabus - 8th Sem

Logistics and Supply Chain Management

International Finance

Financial Institutions and Markets

Strategic Management II

Sales Management


MKT 112 - BBA, Specialization, Marketing

 Course Objectives:
This course aims to provide students with the knowledge of the management of the selling function in order to develop skills for effective selling and sales management.

Course Contents:
1. Introduction                                                                                                          4 hours
Nature, role, and image of selling, Nature and role of sales management, Relationship between sales and marketing

2. Buyer’s behavior                                                                                                   6 hours
Consumer and organizational buyer behavior: distinguishing features, Consumer buying decision process and determinants, Recent developments in organizational buying

3. Sales planning                                                                                                      4 hours
Sales and marketing planning: sales planning process, steps in marketing planning, Selling in the marketing plan

4. Personal selling                                                                                                  15 hours
Sales responsibilities, Sales preparation, Personal selling skills: opening, need and problem identification, presentation and demonstration, dealing with objections, negotiation, closing the sale, and follow-up

5. Sales promotion                                                                                                    5 hours
Sales channels, Sales promotions: consumer and trade promotions, and personal motivation, Selling for resale, Exhibition and telephone selling. Selling of services

6. Sales Management                                                                                              14 hours
Concept and objectives of sales management, Recruitment and selection of sales persons, Motivation and training, Sales organization structure, Size of sales force, Establishing sales territories, Compensating the sales force, Sales control: sales forecasting approaches, sales budgeting, and evaluation of sales performance

Text Book

1.       Futrell, Charles: Fundamentals of Selling, 6th edition, Irwin International Publication.


Reference Books
1.       Geoffrey Lancaster and David Jobber: Selling and Sales Management, Macmillan India Ltd.
2.       Richard Still, E.W. Cundiff, and N. Govoni: Sales Management, Prentice Hall India


Logistics and Supply Chain Management


MKT 113 - BBA, Specialization, Marketing

Course Objectives:
This course aims to provide students with the knowledge of logistics and supply chain management in order to develop their skills in linking the marketplace, distribution network, and the manufacturing process and establishing effective logistics system.

Course Contents:
1. Introduction                                                                                                          6 hours
Concept of marketing logistics, Competitive advantage: concept and gaining competitive advantage thourough logistics. Mission of logistics management, Supply chain and competitive performance

2. Logistics Environment                                                                                          8 hours
Changing logistics environment, Customer service, concept, components, and importance of customer service; Customer retention, Service-driven logistic system; Setting customer service priorities and service standards

3. Logistics Costs                                                                                                     8 hours
Total cost analysis. Principles of logistics costing, The bottom line approach. Shareholder value, customer profitability analysis, and direct product profitability. Cost drivers and activity based costing.

4. Logistics Performance                                                                                       10 hours
Benchmarking the supply chain: concept, benchmarking the logistics process, supply chain process mapping, supplier and distributor benchmarking, setting the benchmarking priorities, and logistics performance indicators

5. Strategic Issues in Logistics                                                                              11 hours
Time based competition. Lead time. Logistics pipeline management. Logistics value engineering. Lead time gap. Just in time logistics: the Japanese philosophy, implications for logistics. Quick response logistics: concept, vendor managed inventory, logistics information system, production strategies for quick response

6. Supply Chain Management                                                                                    5 hours
Concept. Logistics vision and problems with conventional organizations, Logistics organization: vertical and horizontal organizations

Text Book
  1. Martin Chouristopher: Logistics and Supply Chain Management, Pitman Publishing/ Pearson Education

Reference Book
1.       G. Raghuram and N. Rangaraj: Logistics and Supply Chain Management: Cases and Concepts, Macmillan India Ltd



International Finance


BBA, Specialization, Finance

Course Objectives:
This course aims to enhance the students the skills required to manage the financial risks of firm operating in the international environment.

Course Contents:
1.    Spot exchange market                                                                               3 hours
Organization of the inter-bank spot market, delivery and settlement, retail vs. inter-bank spot rates, customer draft and wire transfer, convention for spot exchange quotations, direct vs. indirect exchange and cross-exchange rates

2.    Forward and Future Exchange Markets                                                     6 hours
Forward and Future Contracts on Foreign Exchange Market; Forward exchange premium and discount; Forward rates vs. expected future spot rates, out right forward exchange and swaps, bid-ask spread and forward maturity; convention in forward quotations. Currency futures, future contract vs. forward contract and their payoff comparisons. introduction to currency options and currency option contracts in exchange markets.

Determination of Exchange Rates
3.     Balance of Payments (BOP)                                                                      3 hours
BOP and factors affecting them, and implications of imbalances in trade account, in capital account;

4.    International Parity Conditions                                                                  6 hours
Law of one price, absolute and relative form of Purchasing Power Parity (PPP), reasons for departure from PPP. Covered and Open interest parity conditions, combining interest parity and P and the reasons for violation of interest parity conditions.

5.     Foreign Exchange Risk and Exposures                                                     15 hours
Nature of exchange rate risk and exposure; exposure on domestic assets, liabilities and operating incomes;
Operating exposure of importer and exporter, the effect of currency of invoicing; To hedge or not to hedge; hedging with futures, forward, currency of invoicing, swaps.

6.     International Trade, Instruments and Institutions
Letter of credit and its role in financin2 international trade; various forms of financing of imports and                exports, institutions regulating international trade.

7.     Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI)    9 hours
           Risks in foreign investment vs domestic investment, global FDI market, Nepal’s prospects and problems in tapping FDI.The benefit of international portfolio investment, segmentation vs integration of capital markets, cost and benefit of opening economy for FPI. Analytical discussion of crisis faced by Latin American economies, East Asian economies and events of similar nature.

Text Book
1.      Levi, Maurice D.: International Finance, McGraw-Hill International Edition.

Reference Books
1.       Copeland, Laurance S.: Exchange Rates and International Finance, Addison-Wesley.
2.       Bowen, Harry P. et all: Applied International Trade Analysis (Studies in International Trade Policy), Univ. of Michigan Press.
3.       Melvin, Michael: International Money and Finance, Addison-Wesley.
4.        Grabbe, J. Orlin: International Financial Markets, Prentice-Hall.

Financial Institutions and Markets


BBA, Specialization, Finance

Course Objectives:
The course aims to enhance the students ability to understand the financial market and increase their effectiveness in working with or interacting with the financial institutions.

Course Contents:

1. Economics of Financial System                                                                   3 hours
Basic needs served by the financial system: payments, resource transfer, and risk trading, the technology adopted in serving these needs: delegation, credit substitution, risk pooling and netting, Market failure in these services and the  need for government intervention.

2. Money, Prices, Interest rates and Exchange Rates                                          9 hours                                                        

Relationship among these factors and determination of interest rates, exchange rates and inflation.

 

3.  Financial Intermediation by Depository Institutions                            12 hours

Deposit and Loan and factors affecting them; competition, asymmetric information, default risk, transaction cost. Adverse selection, moral hazard and credit rationing. Agency problems in financial institutions. Liquidity risk, interest rate and exchange rate risk, credit risk, and operation risk inherent in financial institutions, and management of those risks. Lessons learnt from the national and international experiences.


4.  Insurance                                                                                                       6 hours
Economies of insurance-benefit of risk pooling, problem or moral hazard and adverse selection.  Pricing of Insurance and marketing of insurance; Agency problems in insurance business; Different types of insurance: life insurance and related products; health insurance; property-liability insurance; reinsurance, Regulation of insurance industry, its economics, and regulation market in Nepal.

6.  Securities Markets                                                                                          6 hours
Securities market and the function of price discovery, liquidity, transaction costs reduction. Dealer and auction market risk of trade execution, clearing and settlement. Structure and requlation of securities market, comparing requlatory structure of Nepalese market with that of the other developed market.

7. Market for Government Securities                                                                   6 hours

Types of Government Securities; Primary market and auction procedures; Procedures in Nepalese market compared with the procedures in other countries especially India and the US. Secondary market and their organization: Nepal’s market compared with that of India and the US. Dealing in securities: the bid-ask spread, carry, trading profits, Repurchase agreements, Reverse Repos.


3.  Stability of the Financial System                                                                     6 hours
Bank runs and panics, crashes in stock market, their causes and consequences. Factors affecting stability: fragmentation and interdependence. Private and government measures in improving stability of the financial system: Clearing House Association, Regulation and Supervision, Lender of last resort, trading halts and circuit breaker, deposit insurance. Cost and benefit of such measures.

Text Book
1.       Meir Kohn: Financial Institute and Market, Tata McGraw- Hill

Reference Books
1.       Miskin, Frederic S.: The Economics of Money, Banking and Financial Markets, Addison-Wesley.
2.       Jeff Madura: Financial Market and Institution , South-Western  college Publishing
3.        Michael  Baye and Jansen: Money, Banking and Financial Market ,A.I.T.B.S.